Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Earnings Per Share (Tables)

v3.22.2
Note 12 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Three Months Ended

   

Six Months Ended

 
   

June 30,

   

June 30,

   

June 30,

   

June 30,

 
   

2022

   

2021

   

2022

   

2021

 

Basic earnings per common share

                               

Net income

  $ 17,725     $ 14,103     $ 13,817     $ 14,845  

Less income allocated to participating securities

    345       224       260       255  

Net income allocated to common shareholders

  $ 17,380     $ 13,879     $ 13,557     $ 14,590  

Weighted average common shares outstanding

    22,907,414       22,973,391       22,944,769       22,927,658  
    $ 0.76     $ 0.60     $ 0.59     $ 0.64  
                                 

Earnings per common share assuming dilution

                               

Net income

  $ 17,725     $ 14,103     $ 13,817     $ 14,845  

Less income allocated to participating securities

    345       224       260       255  

Net income allocated to common shareholders

  $ 17,380     $ 13,879     $ 13,557     $ 14,590  

Weighted average common shares outstanding

    22,907,414       22,973,391       22,944,769       22,927,658  

Incremental shares applicable to non-participating RSUs

    -       11,842       2,583       16,178  

Weighted average common shares assuming dilution

    22,907,414       22,985,233       22,947,352       22,943,836  
    $ 0.75     $ 0.60     $ 0.58     $ 0.63