Note 8 - EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

EARNINGS PER SHARE

NOTE 8 - 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,
		2022		2021		2022		2021
	(dollars in thousands, except share data)
Net income	$	29,294	$	31,565	$	68,160	$	71,896
Basic EPS	$	1.73	$	2.02	$	4.25	$	4.54
Diluted EPS	$	1.71	$	1.99	$	4.20	$	4.48
Weighted average common shares outstanding		16,900,968		15,635,123		16,030,371		15,829,124
Weighted average common shares issuable upon exercise of stock options
and under the employee stock purchase plan		209,723		234,675		213,550		229,296
Weighted average common and common equivalent shares outstanding		17,110,691		15,869,798		16,243,921		16,058,420