Earnings Per Common Share

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Earnings Per Common Share

EARNINGS PER COMMON SHARE (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 periods ended March 31, 2021 and 2020.  All share and per share amounts have been adjusted for the September 25, 2020, 3% stock dividend.

Earnings Per Share
	Three Months Ended
	March 31, 2021		March 31, 2020
Earnings Per Share - Basic:
Net Income	$	13,280	$	8,127
Weighted Average Shares - Basic	15,528		15,446
Earnings Per Share - Basic	$	0.86	$	0.53
Earnings Per Share - Diluted:
Net Income	$	13,280	$	8,127
Weighted Average Shares - Basic	15,528		15,446
Dilutive Average Shares Attributable to Stock Options	35		30
Weighted Average Shares - Diluted	15,563		15,476
Earnings Per Share - Diluted	$	0.85	$	0.53