Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share

A reconciliation of the component parts of earnings per share for the three and six months ended June 30, 2021 and 2020 is as follows:

(in thousands, except per share data)	For the three months ended June 30,				For the six months ended June 30,
	2021		2020		2021		2020
Net income	$	14,433		11,254	$	28,516		24,567
Weighted average common shares (1)		19,281		19,287		19,284		19,316
Stock Options (1)		9		-		8		3
Weighted average common shares including potential dilutive shares (1)		19,290		19,287		19,292		19,319
Basic EPS (1)	$	0.749		0.584	$	1.479		1.272
Diluted EPS (1)	$	0.748		0.584	$	1.478		1.272

(1) Share and per share amounts have been adjusted for all periods presented for the 1 for 5 reverse stock split which occurred on May 28, 2021.