EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per common share is shown below:

	Three Months Ended March 31,
	2024		2023
Basic earnings per common share computation:
Net income per condensed consolidated statements of income	$	11,525	$	15,414
Net earnings allocated to participating securities	(92)		(78)
Net earnings allocated to common stock	$	11,433	$	15,336
Distributed earnings allocated to common stock	$	3,646	$	3,673
Undistributed earnings allocated to common stock	7,787		11,663
Net earnings allocated to common stock	$	11,433	$	15,336
Weighted average common shares outstanding, including shares considered participating securities	20,979		21,143
Less: Average participating securities	(155)		(100)
Weighted average shares	20,824		21,043
Basic earnings per common share	$	0.55	$	0.73
Diluted earnings per common share computation:
Net earnings allocated to common stock	$	11,433	$	15,336
Weighted average common shares outstanding for basic earnings per common share	20,824		21,043
Add: Dilutive effect of stock compensation	63		35
Weighted average shares and dilutive potential common shares	20,887		21,078
Diluted earnings per common share	$	0.55	$	0.73