Earnings Per Share

12 Months Ended

Dec. 31, 2017

EARNINGS PER SHARE (Dollars In Thousands, Except Per Share Amounts)

The following table presents a reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per common share ("EPS") for each of the years in the three-year period ended December 31, 2017. All share and per share amounts have been adjusted for the September 28, 2017 3% stock dividend.



Earnings Per Share
	Year-to-Date Period Ended:
	12/31/2017		12/31/2016		12/31/2015
Earnings Per Share - Basic:
Net Income	$	29,326	$	26,534	$	24,662
Weighted Average Shares - Basic	13,893		13,792		13,680
Earnings Per Share - Basic	$	2.11	$	1.92	$	1.80

Earnings Per Share - Diluted:
Net Income	$	29,326	$	26,534	$	24,662
Weighted Average Shares - Basic	13,893		13,792		13,680
Dilutive Average Shares Attributable to Stock Options	93		88		50
Weighted Average Shares - Diluted	13,986		13,880		13,730
Earnings Per Share - Diluted	$	2.10	$	1.91	$	1.80