Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Earnings Per Share (Tables)

v3.23.2
Note 12 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
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,

 
   

2023

   

2022

   

2023

   

2022

 

Basic earnings per common share

                               

Net income

  $ 23,964     $ 17,725     $ 10,854     $ 13,817  

Less income allocated to participating securities

    540       345       240       260  

Net income allocated to common shareholders

  $ 23,424     $ 17,380     $ 10,614     $ 13,557  

Weighted average common shares outstanding

    22,974,508       22,907,414       22,940,863       22,944,769  
    $ 1.02     $ 0.76     $ 0.46     $ 0.59  
                                 

Earnings per common share assuming dilution

                               

Net income

  $ 23,964     $ 17,725     $ 10,854     $ 13,817  

Less income allocated to participating securities

    540       345       240       260  

Net income allocated to common shareholders

  $ 23,424     $ 17,380     $ 10,614     $ 13,557  

Weighted average common shares outstanding

    22,974,508       22,907,414       22,940,863       22,944,769  

Incremental shares applicable to non-participating RSUs

    -       -       -       2,583  

Weighted average common shares assuming dilution

    22,974,508       22,907,414       22,940,863       22,947,352  
    $ 1.01     $ 0.75     $ 0.45     $ 0.58