Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Earnings Per Share (Tables)

v3.23.3
Note 12 - Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
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,

 
   

2023

   

2022

   

2023

   

2022

 

Basic earnings per common share

                               

Net income

  $ 5,792     $ 13,280     $ 16,646     $ 27,097  

Less income allocated to participating securities

    128       259       368       517  

Net income allocated to common shareholders

  $ 5,664     $ 13,021     $ 16,278     $ 26,580  

Weighted average common shares outstanding

    22,983,965       22,886,793       22,955,388       22,925,231  
    $ 0.25     $ 0.57     $ 0.71     $ 1.16  
                                 

Earnings per common share assuming dilution

                               

Net income

  $ 5,792     $ 13,280     $ 16,646     $ 27,097  

Less income allocated to participating securities

    128       259       368       517  

Net income allocated to common shareholders

  $ 5,664     $ 13,021     $ 16,278     $ 26,580  

Weighted average common shares outstanding

    22,983,965       22,886,793       22,955,388       22,925,231  

Incremental shares applicable to non-participating RSUs

    -       -       -       1,712  

Weighted average common shares assuming dilution

    22,983,965       22,886,793       22,955,388       22,926,943  
    $ 0.24     $ 0.56     $ 0.69     $ 1.14