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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2023
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding

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Three months ended

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Six months ended

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June 30, 

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June 30, 

(in thousands)

    

2023

    

2022

    

2023

    

2022

Net income available for stockholders:

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$

14,321

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$

9,955

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$

25,870

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$

17,018

Less: Adjustments for earnings attributable to participating securities

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(343)

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(208)

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(616)

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(350)

Net income used in calculating earnings per share

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$

13,978

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$

9,747

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$

25,254

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$

16,668

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Weighted average shares outstanding (including participating securities)

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34,458

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34,191

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34,419

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34,146

Adjustment for participating securities

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(839)

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(743)

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(830)

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(718)

Shares used in calculating basic and diluted earnings per share

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33,619

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33,448

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33,589

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33,428