Calculation of Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
(in thousands, except shares and per share data)
Calculation of Basic Earnings Per Share:
Net Income	$	17,051	$	13,813	$	53,985	$	48,279
Weighted average shares outstanding	17,730,833		17,546,346		17,704,592		17,516,273
Basic Earnings Per Share	$	0.96	$	0.79	$	3.05	$	2.76
Calculation of Diluted Earnings Per Share:
Net Income	$	17,051	$	13,813	$	53,985	$	48,279
Reconciliation of Denominator:
Weighted shares outstanding—Basic	17,730,833		17,546,346		17,704,592		17,516,273
Effect of dilutive securities—Share-based compensation	79,038		70,150		81,037		68,733
Adjusted denominator—Diluted	17,809,871		17,616,496		17,785,629		17,585,006
Diluted Earnings Per Share	$	0.96	$	0.78	$	3.04	$	2.75