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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 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
September 30,
   
Nine Months Ended
September 30,
 
   
2024
   
2023
   
2024
   
2023
 
Net income
 
$
11,212
   
$
13,494
   
$
33,220
   
$
52,421
 
                                 
Weighted average common shares outstanding - basic
   
16,386,079
     
16,842,594
     
16,413,685
     
16,978,499
 
Effect of dilutive securities:
                               
Stock-based compensation awards
   
670,880
     
511,588
     
565,753
     
462,402
 
Weighted average common shares outstanding - diluted
   
17,056,959
     
17,354,182
     
16,979,438
     
17,440,901
 
                                 
Basic earnings per share
 
$
0.68
   
$
0.80
   
$
2.02
   
$
3.09
 
Diluted earnings per share
 
$
0.66
   
$
0.78
   
$
1.96
   
$
3.01