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


 
December 31,
 
   
2023
    2022
   
2021
 
Net income
 
$
62,745
   
$
58,240
   
$
58,614
 
                         
Weighted average common shares outstanding - basic
   
16,843,753
     
17,373,138
     
17,953,624
 
Effect of dilutive securities:
                       
Stock based compensation awards
    489,459       646,690       538,594  
Weighted average common shares outstanding - diluted
   
17,333,212
     
18,019,828
     
18,492,218
 
                         
Basic earnings per share
 
$
3.73
   
$
3.35
   
$
3.26
 
Diluted earnings per share
 
$
3.62
   
$
3.23
   
$
3.17