EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

EARNINGS PER SHARE

Schedule of Earnings Per Share

	Three Months Ended
	March 31,
(in thousands, except per share and share data)	2023		2022
Net income	$	13,012	$	9,112
Average number of basic common shares outstanding		15,109,847		15,010,834
Plus: dilutive effect of stock options and awards outstanding		80,242		90,951
Average number of diluted common shares outstanding(1)		15,190,089		15,101,785
Earnings per share:
Basic	$	0.86	$	0.61
Diluted		0.86		0.60

(1) Average diluted shares outstanding are computed using the treasury stock method.