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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2024
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,
 
   
2024
   
2023
 
Net income
 
$
10,874
   
$
9,244
 
                 
Weighted average common shares outstanding - basic
   
16,429,919
     
17,046,713
 
Effect of dilutive securities:
               
Stock-based compensation awards
   
508,938
     
514,043
 
Weighted average common shares outstanding - diluted
   
16,938,857
     
17,560,756
 
                 
Basic earnings per share
 
$
0.66
   
$
0.54
 
Diluted earnings per share
 
$
0.64
   
$
0.53