Earnings Per Common Share

6 Months Ended

Jun. 30, 2021

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 June 30, 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				Year-to-Date Period Ended:
	June 30, 2021		June 30, 2020		June 30, 2021		June 30, 2020
Earnings Per Share - Basic:
Net Income	$	13,279	$	9,159	$	26,559	$	17,286
Weighted Average Shares - Basic	15,557		15,441		15,543		15,444
Earnings Per Share - Basic	$	0.85	$	0.59	$	1.71	$	1.12

Earnings Per Share - Diluted:
Net Income	$	13,279	$	9,159	$	26,559	$	17,286
Weighted Average Shares - Basic	15,557		15,441		15,543		15,444
Dilutive Average Shares Attributable to Stock Options	59		7		46		16
Weighted Average Shares - Diluted	15,616		15,448		15,589		15,460
Earnings Per Share - Diluted	$	0.85	$	0.59	$	1.70	$	1.12