EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

Following are the factors used in the earnings per share computations:

(dollars in thousand except share and per share data)	2022		2021		2020
Basic earnings per common share:
Net income	$	103,817	$	95,733	$	84,337
Weighted-average common shares outstanding	25,528,328		25,475,994		25,469,242
Basic earnings per common share	$	4.07	$	3.76	$	3.31
Diluted earnings per common share:
Net income	$	103,817	$	95,733	$	84,337
Weighted-average common shares outstanding for basic earnings per common share	25,528,328		25,475,994		25,469,242
Add: Dilutive effect of assumed exercises of stock options and awards	184,210		144,111		104,699
Average shares and dilutive potential common shares	25,712,538		25,620,105		25,573,941
Diluted earnings per common share	$	4.04	$	3.74	$	3.30

There were no antidilutive stock options for 2022, 2021 and 2020.