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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2022
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding

Three months ended

Nine months ended

September 30, 

September 30, 

(in thousands)

    

2022

    

2021

    

2022

    

2021

    

Net income available for stockholders:

$

11,472

$

6,687

$

28,490

$

20,578

Less: Adjustments for earnings attributable to participating securities

 

(254)

 

(131)

 

(602)

 

(401)

Net income used in calculating earnings per share

$

11,218

$

6,556

$

27,888

$

20,177

Weighted average shares outstanding (including participating securities)

 

34,225

 

33,993

 

34,172

 

33,982

Adjustment for participating securities

 

(768)

 

(672)

 

(737)

 

(672)

Shares used in calculating basic and diluted earnings per share

 

33,457

 

33,321

 

33,435

 

33,310