v3.25.2
Earnings per Common Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Common Share Presented below are the calculations for basic and diluted earnings per common share.
Three Months Ended June 30,Six Months Ended June 30,
(In thousands, except per share data)2025202420252024
Net income$36,035 $29,273 $68,627 $57,063 
Weighted average common shares outstanding15,029 14,937 15,142 14,922 
Effect of dilutive common stock awards402 339 396 340 
Diluted weighted average common shares outstanding15,431 15,276 15,538 15,263 
Basic earnings per common share*$2.40 $1.96 $4.53 $3.82 
Diluted earnings per common share*$2.34 $1.92 $4.42 $3.74 
*Cumulative quarterly per share performance may not equal annual per share totals due to the effects of the amount and timing of capital increases. When computing earnings per share for an interim period, the denominator is based on the weighted average shares outstanding during the interim period, and not on an annualized weighted average basis. Accordingly, the sum of the earnings per share data for the quarters will not necessarily equal the year to date earnings per share data.