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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2022
EARNINGS PER SHARE  
Schedule of Earnings Per Share, Basic and Diluted

    

Three Months Ended June 30, 

2022

    

2021

(In Thousands, Except Per Share Data)

Basic:

Average common shares outstanding

 

12,581

 

13,710

Net income and net income available to common stockholders

 

$

18,224

 

$

20,114

Per common share amount

 

$

1.45

 

$

1.47

Diluted:

Average common shares outstanding

12,581

13,710

Net effect of dilutive stock options – based on the treasury stock method using average market price

102

102

Diluted common shares

12,683

13,812

Net income and net income available to common stockholders

 

$

18,224

 

$

20,114

Per common share amount

 

$

1.44

 

$

1.46

    

Six Months Ended June 30, 

2022

    

2021

(In Thousands, Except Per Share Data)

Basic:

  

 

  

Average common shares outstanding

12,775

 

13,713

Net income and net income available to common stockholders

$

35,211

$

38,982

Per common share amount

$

2.76

$

2.84

Diluted:

 

 

Average common shares outstanding

 

12,775

 

13,713

Net effect of dilutive stock options – based on the treasury stock method
using average market price

 

108

 

94

Diluted common shares

 

12,883

 

13,807

Net income and net income available to common stockholders

$

35,211

$

38,982

Per common share amount

$

2.73

$

2.82