NOTE 6 - EARNINGS PER SHARE

9 Months Ended

Sep. 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			Nine months ended
		September 30,			September 30,
		2021		2020		2021		2020
	(dollars in thousands, except share data)
Net income	$	31,565	$	17,344	$	71,896	$	42,311
Basic EPS	$	2.02	$	1.10	$	4.54	$	2.68
Diluted EPS	$	1.99	$	1.09	$	4.48	$	2.65
Weighted average common shares outstanding		15,635,123		15,767,152		15,829,124		15,770,335
Weighted average common shares issuable upon exercise of stock options
and under the employee stock purchase plan		234,675		156,426		229,296		175,497
Weighted average common and common equivalent shares outstanding		15,869,798		15,923,578		16,058,420		15,945,832