EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2023

EARNINGS PER SHARE

Schedule of earnings per common share

	Three Months Ended June 30,
	2023		2022
	(In Thousands, Except Per Share Data)
Basic:
Average common shares outstanding		12,032		12,581
Net income	$	18,320	$	18,224
Per common share amount	$	1.52	$	1.45
Diluted:
Average common shares outstanding		12,032		12,581
Net effect of dilutive stock options – based on the treasury stock method using average market price		37		102
Diluted common shares		12,069		12,683
Net income	$	18,320	$	18,224
Per common share amount	$	1.52	$	1.44

	Six Months Ended June 30,
	2023		2022
	(In Thousands, Except Per Share Data)
Basic:
Average common shares outstanding		12,116		12,775
Net income	$	38,776	$	35,211
Per common share amount	$	3.20	$	2.76
Diluted:
Average common shares outstanding		12,116		12,775
Net effect of dilutive stock options – based on the treasury stock method using average market price		53		108
Diluted common shares		12,169		12,883
Net income	$	38,776	$	35,211
Per common share amount	$	3.19	$	2.73