Three Months Ended June 30,

Six Months Ended June 30,

2022

2021

2022

2021

(dollars in thousands, except per share data)

Earnings per common share - basic:

Numerator:

Net income

$

13,658

$

13,944

$

26,974

$

27,443

Less dividends and undistributed earnings allocated
   to participating securities

(43

)

(67

)

(122

)

(126

)

Net income applicable to common shareholders

$

13,615

$

13,877

$

26,852

$

27,317

Denominator:

Weighted average common shares outstanding

6,982

6,930

6,960

6,919

 Earnings per common share - basic

$

1.95

$

2.00

$

3.86

$

3.95

Earnings per common share - diluted:

Numerator:

Net income

$

13,658

$

13,944

$

26,974

$

27,443

Less dividends and undistributed earnings allocated
   to participating securities

(43

)

(67

)

(122

)

(126

)

Net income applicable to common shareholders

$

13,615

$

13,877

$

26,852

$

27,317

Denominator:

Weighted average common shares outstanding

6,982

6,930

6,960

6,919

Dilutive effect of common stock equivalents

45

69

54

74

Weighted average diluted common shares outstanding

7,027

6,999

7,014

6,993

Earnings per common share - diluted

$

1.94

$

1.98

$

3.83

$

3.91