Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE

v3.23.1
EARNINGS PER COMMON SHARE
 3 Months Ended
Mar. 31, 2023
EARNINGS PER COMMON SHARE [Abstract]  
EARNINGS PER COMMON SHARE
NOTE 8 - EARNINGS PER COMMON SHARE

A reconciliation of the numerators and denominators of basic and diluted earnings per common share for the three month periods ended March 31, 2023 and 2022 are as follows (dollars in thousands, except per share data):
 
   
Three Months
Ended
March 31,
2023
    
Three Months
Ended
March 31,
2022
  
Net income available to common shares
  
$
12,004
    
$
6,000
  
Weighted average shares outstanding, including participating stock awards - Basic
    
34,297,221
      
34,254,772
  
Dilutive potential common shares:
                
Stock options
    
—
      
—
  
Weighted average shares outstanding - Diluted
    
34,297,221
      
34,254,772
  
Basic earnings per common share
  
$
0.35
    
$
0.18
  
Diluted earnings per common share
  
$
0.35
    
$
0.18
  

There were no antidilutive shares of common stock in the three month periods ended March 31, 2023 and 2022.