EARNINGS PER SHARE ("EPS") (Tables)

3 Months Ended

Mar. 31, 2022

The following tables set forth the calculation of basic and diluted EPS for the three-month periods ended March 31, 2022 and 2021.


	Three months ended March 31,
	2022		2021
	(Dollars in thousands except share and per share data)
Basic earnings per common share
Net income available to the Company	$	10,091	$	9,429
Less: Dividend on series B preferred stock	(7)		(7)
Net income available to common shareholders	10,084		9,422
Basic weighted-average common shares outstanding	11,905,330		11,872,246
Basic earnings per common share	$	0.85	$	0.79
Diluted earnings per common share
Net income available to common shares	$	10,084	$	9,422
Add: Dividend on series B preferred stock	7		7
Net income available to diluted common shares	10,091		9,429
Basic weighted-average common shares outstanding	11,905,330		11,872,246
Dilutive potential common shares	274,990		236,600
Diluted weighted-average common shares outstanding	12,180,320		12,108,846
Diluted earnings per common share	$	0.83	$	0.78