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PER SHARE DATA (Tables)

3 Months Ended

Mar. 31, 2021

PER SHARE DATA

Schedule of Basic and Diluted earnings per share


(In Thousands, Except Share and Per Share Data)		Three Months Ended
		March 31,			March 31,
		2021			2020
Basic
Net income		$	8,787		$	4,166
Less: Dividends and undistributed earnings allocated to participating securities			(65)			(20)
Net income attributable to common shares		$	8,722		$	4,146
Basic weighted-average common shares outstanding			15,850,217			13,685,257
Basic earnings per common share (a)		$	0.55		$	0.30
Diluted
Net income attributable to common shares		$	8,722		$	4,146
Basic weighted-average common shares outstanding			15,850,217			13,685,257
Dilutive effect of potential common stock arising from stock options			4,234			13,981
Diluted weighted-average common shares outstanding			15,854,451			13,699,238
Diluted earnings per common share (a)		$	0.55		$	0.30
Weighted-average nonvested restricted shares outstanding			118,442			65,533

(a)	Basic and diluted earnings per share under the two-class method are determined on net income reported on the consolidated statements of income, less earnings allocated to non-vested restricted shares with nonforfeitable dividends (participating securities).