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PER SHARE DATA (Tables)
6 Months Ended
Jun. 30, 2021
PER SHARE DATA  
Schedule of Basic and Diluted earnings per share

(In Thousands, Except Share and Per Share Data)

Three Months Ended

    

Six Months Ended

June 30, 

June 30, 

June 30, 

June 30, 

    

2021

    

2020

    

2021

    

2020

Basic

  

 

  

 

  

 

  

Net income

$

7,060

$

5,438

$

15,847

$

9,604

Less: Dividends and undistributed earnings allocated to participating securities

 

(61)

 

(33)

 

(126)

 

(54)

Net income attributable to common shares

$

6,999

$

5,405

$

15,721

$

9,550

Basic weighted-average common shares outstanding

 

15,868,150

 

13,710,118

 

15,859,236

 

13,697,617

Basic earnings per common share (a)

$

0.44

$

0.39

$

0.99

$

0.70

Diluted

 

  

 

  

 

  

 

  

Net income attributable to common shares

$

6,999

$

5,405

$

15,721

$

9,550

Basic weighted-average common shares outstanding

 

15,868,150

 

13,710,118

 

15,859,236

 

13,697,617

Dilutive effect of potential common stock arising from stock options

 

6,833

 

2,269

 

5,922

 

8,116

Diluted weighted-average common shares outstanding

 

15,874,983

 

13,712,387

 

15,865,158

 

13,705,733

Diluted earnings per common share (a)

$

0.44

$

0.39

$

0.99

$

0.70

Weighted-average nonvested restricted shares outstanding

 

136,711

 

88,514

 

127,627

 

77,093

(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).