Note 18 - Earnings Per Share

12 Months Ended

Dec. 31, 2022

Earnings per Share

Earnings Per Share

Note 18. Earnings per Share

The following information was used in the computation of basic and diluted EPS for the years ended December 31, 2022, 2021, and 2020:

	2022		2021		2020
	(dollars in thousands, except per share data)
Net income	$	99,066	$	98,905	$	60,582
Basic EPS	$	5.94	$	6.30	$	3.84
Diluted EPS	$	5.87	$	6.20	$	3.80
Weighted average common shares outstanding		16,681,844		15,708,744		15,771,650
Weighted average common shares issuable upon exercise of stock options
and under the employee stock purchase plan*		208,163		235,964		180,987
Weighted average common and common equivalent shares outstanding		16,890,007		15,944,708		15,952,637

*  Excludes anti-dilutive shares of 1,706, 0 and 104,636 at December 31, 2022, 2021 and 2020, respectively.