| Earnings per Share |
NOTE 7 - EARNINGS PER SHARE The following information was used in the computation of EPS on a basic and diluted basis: | | | | | | | | | | | | | | | | Three months ended | | Six months ended | | | | June 30, | | June 30, | | | | 2025 | | | 2024 | | | 2025 | | | 2024 | | | | (dollars in thousands, except share data) | | | | | | | | | | | | | | Net income | | $ | 29,019 | | $ | 29,114 | | $ | 54,816 | | $ | 55,840 | | | | | | | | | | | | | | Basic EPS | | $ | 1.71 | | $ | 1.73 | | $ | 3.24 | | $ | 3.32 | Diluted EPS | | $ | 1.71 | | $ | 1.72 | | $ | 3.22 | | $ | 3.30 | | | | | | | | | | | | | | Weighted average common shares outstanding | | | 16,928,542 | | | 16,814,814 | | | 16,914,663 | | | 16,799,081 | Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan | | | 77,740 | | | 107,040 | | | 95,473 | | | 117,183 | Weighted average common and common equivalent shares outstanding | | | 17,006,282 | | | 16,921,854 | | | 17,010,136 | | | 16,916,264 | | | | | | | | | | | | | |
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