EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

EARNINGS PER SHARE

Schedule of Calculation of Basic and Diluted earnings per share

The calculation of basic and diluted earnings per share for the three and nine months ended September 30, 2021 and 2020 are as follows (in thousands, except per share data):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2021		2020		2021		2020
Basic earnings per share
Net income available to common stockholders	$	6,107	$	1,333	$	8,209	$	7,287
Basic weighted-average shares outstanding		34,768		34,486		34,805		33,564
Basic earnings per share	$	0.18	$	0.04	$	0.24	$	0.22
Diluted earnings per share
Net income available to common stockholders	$	6,107	$	1,333	$	8,209	$	7,287
Weighted-average shares outstanding		34,768		34,486		34,805		33,564
Effect of dilutive securities - options and restricted stock		725		990		778		1,151
Diluted weighted-average shares outstanding		35,493		35,476		35,583		34,715
Diluted earnings per share	$	0.17	$	0.04	$	0.23	$	0.21