Note 7 - EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

EARNINGS PER SHARE

NOTE 7 - 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,
		2022		2021		2022		2021
	(dollars in thousands, except share data)
Net income	$	15,242	$	22,349	$	38,866	$	40,331
Basic EPS	$	0.88	$	1.41	$	2.36	$	2.55
Diluted EPS	$	0.87	$	1.39	$	2.33	$	2.52
Weighted average common shares outstanding		17,345,324		15,813,932		16,485,218		15,808,788
Weighted average common shares issuable upon exercise of stock options
and under the employee stock purchase plan		203,783		231,307		215,464		226,606
Weighted average common and common equivalent shares outstanding		17,549,107		16,045,239		16,700,682		16,035,394