NOTE 6 - EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2021

Notes to Financial Statements

EARNINGS PER SHARE

NOTE 6 - EARNINGS PER SHARE

The following information was used in the computation of EPS on a basic and diluted basis:

		Three months ended			Six months ended
		June 30,			June 30,
		2021		2020		2021		2020
	(dollars in thousands, except share data)
Net income	$	22,349	$	13,739	$	40,331	$	24,967
Basic EPS	$	1.41	$	0.87	$	2.55	$	1.58
Diluted EPS	$	1.39	$	0.86	$	2.52	$	1.56
Weighted average common shares outstanding		15,813,932		15,747,056		15,808,788		15,771,926
Weighted average common shares issuable upon exercise of stock options
and under the employee stock purchase plan		231,307		148,280		226,606		185,032
Weighted average common and common equivalent shares outstanding		16,045,239		15,895,336		16,035,394		15,956,958