2024

2023

2022

Basic earnings per common share

Net income

$

56,151

$

23,723

$

38,609

Less: Distributed and undistributed earnings allocated to nonvested shares

1,083

528

741

Net income allocated to common shareholders

$

55,068

$

23,195

$

37,868

Weighted average common shares outstanding

23,072,993

22,962,591

22,915,543

$

2.39

$

1.01

$

1.65

Diluted earnings per common share

Net income allocated to common shareholders - basic

$

55,068

$

23,195

$

37,868

Add: Undistributed earnings allocated to nonvested shareholders

527

-

Net income allocated to common shareholders - diluted

$

55,595

$

23,195

$

37,868

Weighted average common shares outstanding - basic

23,072,993

22,962,591

22,915,543

Dilutive effect of participating securities

436,983

-

Weighted average common shares outstanding - diluted

23,509,976

22,962,591

22,915,543

$

2.36

$

0.98

$

1.63