EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

EARNINGS PER SHARE

Schedule of earnings per common share

	Three Months Ended June 30,
	2024		2023
	(In Thousands, Except Per Share Data)
Basic:
Average common shares outstanding		11,642		12,032
Net income	$	16,988	$	18,320
Per common share amount	$	1.46	$	1.52
Diluted:
Average common shares outstanding		11,642		12,032
Net effect of dilutive stock options – based on the treasury stock method using average market price		59		37
Diluted common shares		11,701		12,069
Net income	$	16,988	$	18,320
Per common share amount	$	1.45	$	1.52

	Six Months Ended June 30,
	2024		2023
	(In Thousands, Except Per Share Data)
Basic:
Average common shares outstanding		11,704		12,116
Net income	$	30,395	$	38,776
Per common share amount	$	2.60	$	3.20
Diluted:
Average common shares outstanding		11,704		12,116
Net effect of dilutive stock options – based on the treasury stock method using average market price		59		53
Diluted common shares		11,763		12,169
Net income	$	30,395	$	38,776
Per common share amount	$	2.58	$	3.19