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Note 18 - Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings per Share  
Schedule of computation of earnings per share on a basic and diluted basis

2020

    

2019

    

2018

(dollars in thousands, except per share data)

Net income

$

60,582

$

57,408

$

43,120

Basic EPS

$

3.84

$

3.65

$

2.92

Diluted EPS

$

3.80

$

3.60

$

2.86

Weighted average common shares outstanding*

 

15,771,650

 

15,730,016

 

14,768,687

Weighted average common shares issuable upon exercise of stock options

and under the employee stock purchase plan

 

180,987

 

237,759

 

296,043

Weighted average common and common equivalent shares outstanding**

 

15,952,637

 

15,967,775

 

15,064,730

*   The increase in weighted average common shares outstanding from 2018 to 2019 was primarily due to the common stock

issuances that occurred in conjunction with the Springfield Bancshares merger.

                 **  Excludes anti-dilutive shares of 104,636, 80,437 and 91,954 at December 31, 2020, 2019 and 2018, respectively.