Three months ended September 30,

Nine months ended September 30,

2022

2021

2022

2021

Basic

Net income per consolidated statements of income

$

24,955

$

16,215

$

67,165

$

41,668

Less: Earnings allocated to participating securities

(68)

(508)

(152)

(568)

Net income available to common stockholders

$

24,887

$

15,707

$

67,013

$

41,100

Weighted average common shares outstanding including participating securities

10,961,697

8,897,910

10,952,452

8,518,639

Less: Weighted average participating securities

(30,000)

(278,937)

(24,741)

(116,045)

Weighted average common shares outstanding

10,931,697

8,618,973

10,927,711

8,402,594

Basic earnings per common share

$

2.28

$

1.82

$

6.13

$

4.89

Diluted

Net income allocated to common stockholders

$

24,887

$

15,707

$

67,013

$

41,100

Weighted average common shares outstanding for basic earnings per common share

10,931,697

8,618,973

10,927,711

8,402,594

Add: Dilutive effects of assumed exercise of stock options

172,371

173,909

182,417

161,932

Add: Dilutive effects of assumed vesting of performance based restricted stock

45,636

53,571

53,237

41,932

Add: Dilutive effects of assumed vesting of restricted stock units

27,448

46,651

41,370

29,939

Average shares and dilutive potential common shares

11,177,152

8,893,104

11,204,735

8,636,397

Dilutive earnings per common share

$

2.23

$

1.77

$

5.98

$

4.76