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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 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
September 30,
   
Nine Months Ended
September 30,
 
   
2023
   
2022
   
2023
   
2022
 
Net income
 
$
13,494
   
$
15,458
   
$
52,421
   
$
45,619
 
                                 
Weighted average common shares outstanding - basic
   
16,842,594
     
17,286,531
     
16,978,499
     
17,496,217
 
Effect of dilutive securities:
                               
Stock-based compensation awards
   
511,588
     
615,368
     
462,402
     
607,808
 
Weighted average common shares outstanding - diluted
   
17,354,182
     
17,901,899
     
17,440,901
     
18,104,025
 
                                 
Basic earnings per share
 
$
0.80
   
$
0.89
   
$
3.09
   
$
2.61
 
Diluted earnings per share
 
$
0.78
   
$
0.86
   
$
3.01
   
$
2.52