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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2023
EARNINGS PER SHARE [Abstract]  
Factors Used in Earnings Per Share Computation
The factors used in the earnings per share computation for the periods indicated follow (dollars in thousands, except per share data):

 
Three Months Ended
March 31,
 
   
2023
   
2022
 
Net income
 
$
9,244
   
$
14,278
 
                 
Weighted average common shares outstanding - basic
   
17,046,713
     
17,716,136
 
Effect of dilutive securities:
               
Stock-based compensation awards
   
514,043
     
676,261
 
Weighted average common shares outstanding - diluted
   
17,560,756
     
18,392,397
 
                 
Basic earnings per share
 
$
0.54
   
$
0.81
 
Diluted earnings per share
 
$
0.53
   
$
0.78