XML 267 R135.htm IDEA: XBRL DOCUMENT v3.22.4
Earnings Per Share - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Basic earnings per common share computation      
Net income per consolidated statements of income $ 58,886 $ 53,405 $ 31,596
Net earnings allocated to participating securities (229) (183) (100)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 58,657 $ 53,222 $ 31,496
Weighted average common shares outstanding, including shares considered participating securities (in shares) 18,057 16,875 16,048
Less: Average participating securities (in shares) (70) (55) (48)
Weighted average shares (in shares) 17,987 16,820 16,000
Basic earnings per common share (in dollars per share) $ 3.26 $ 3.16 $ 1.97
Diluted earnings per common share computation      
Net earnings allocated to common stock $ 58,657 $ 53,222 $ 31,496
Weighted average common shares outstanding for basic earnings per common share (in shares) 17,987 16,820 16,000
Add: Dilutive effects of performance based-shares (in shares) 33 0 0
Weighted average shares and dilutive potential common shares (in shares) 18,020 16,820 16,000
Diluted earnings per common share (in dollars per share) $ 3.26 $ 3.16 $ 1.97
Distributed earnings allocated to common stock      
Basic earnings per common share computation      
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 12,508 $ 11,514 $ 10,942
Undistributed earnings allocated to common stock      
Basic earnings per common share computation      
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 46,149 $ 41,708 $ 20,554