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Earnings Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 21 – EARNINGS PER SHARE

The factors used in the earnings per share computation follow:

 

 

 

2022

 

 

2021

 

 

2020

 

Basic EPS

 

 

 

 

 

 

 

 

 

Net income

 

$

60,597

 

 

$

51,844

 

 

$

41,876

 

Weighted average shares outstanding

 

 

33,844,945

 

 

 

29,167,357

 

 

 

28,266,509

 

Basic earnings per share

 

$

1.79

 

 

$

1.78

 

 

$

1.48

 

Diluted EPS

 

 

 

 

 

 

 

 

 

Net income

 

$

60,597

 

 

$

51,844

 

 

$

41,876

 

Weighted average shares for basic earnings per share

 

 

33,844,945

 

 

 

29,167,357

 

 

 

28,266,509

 

Average unvested restricted stock awards

 

 

83,994

 

 

 

112,430

 

 

 

127,487

 

Weighted average shares for diluted earnings per share

 

 

33,928,939

 

 

 

29,279,787

 

 

 

28,393,996

 

Diluted earnings per share

 

$

1.79

 

 

$

1.77

 

 

$

1.47

 

 

There were 201,080, 55,128 and 67,074 restricted stock awards that were considered anti-dilutive at year-end 2022, 2021 and 2020, respectively.