Annual report pursuant to Section 13 and 15(d)

Note 14 - Earnings Per Common Share

v3.24.0.1
Note 14 - Earnings Per Common Share
 12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 14 - EARNINGS PER COMMON SHARE

 

A reconciliation of the numerators and denominators of basic and diluted earnings per common share are as follows (dollars in thousands, except per share data):

 

   

2023

    

2022

  
                 

Net income

   $ 43,224     $ 34,731  
                 

Weighted average shares outstanding, including participating stock awards - Basic

     34,301,650       34,259,604  
                 

Weighted average shares outstanding - Diluted

     34,301,650       34,259,604  
                 

Basic and diluted earnings per common share

   $ 1.26     $ 1.01