Note 19 - Earnings Per Share

12 Months Ended

Dec. 31, 2023

Earnings per Share

Earnings per Share

Note 19. Earnings per Share

The following information was used in the computation of basic and diluted EPS for the years ended December 31, 2023, 2022, and 2021:

	2023		2022		2021
	(dollars in thousands, except per share data)
Net income	$	113,558	$	99,066	$	98,905
Basic EPS	$	6.79	$	5.94	$	6.30
Diluted EPS	$	6.73	$	5.87	$	6.20
Weighted average common shares outstanding		16,732,406		16,681,844		15,708,744
Weighted average common shares issuable upon exercise of stock options
and under the employee stock purchase plan*		133,985		208,163		235,964
Weighted average common and common equivalent shares outstanding		16,866,391		16,890,007		15,944,708

                *  Excludes anti-dilutive restricted stock shares of 1,762, 1,706, and 0 at December 31, 2023, 2022 and 2021, respectively and anti-dilutive options

of 47,164, 22,503 and 21,718 at December 31, 2023, 2022 and 2021, respectively.