Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Earnings Per Share (Tables)

v3.22.2.2
Note 12 - Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Three Months Ended

   

Nine Months Ended

 
   

September 30,

   

September 30,

   

September 30,

   

September 30,

 
   

2022

   

2021

   

2022

   

2021

 

Basic earnings per common share

                               

Net income

  $ 13,280     $ 7,030     $ 27,097     $ 21,875  

Less income allocated to participating securities

    259       117       517       357  

Net income allocated to common shareholders

  $ 13,021     $ 6,913     $ 26,580     $ 21,518  

Weighted average common shares outstanding

    22,886,793       22,980,951       22,925,231       22,945,617  
    $ 0.57     $ 0.30     $ 1.16     $ 0.94  
                                 

Earnings per common share assuming dilution

                               

Net income

  $ 13,280     $ 7,030     $ 27,097     $ 21,875  

Less income allocated to participating securities

    259       117       517       357  

Net income allocated to common shareholders

  $ 13,021     $ 6,913     $ 26,580     $ 21,518  

Weighted average common shares outstanding

    22,886,793       22,980,951       22,925,231       22,945,617  

Incremental shares applicable to non-participating RSUs

    -       11,842       1,712       14,717  

Weighted average common shares assuming dilution

    22,886,793       22,992,793       22,926,943       22,960,334  
    $ 0.56     $ 0.30     $ 1.14     $ 0.92