The following table shows the calculation of basic and diluted earnings per share ("EPS"), the weighted average number of shares outstanding used in computing EPS, the effect on the weighted average number of shares outstanding of dilutive potential common stock for the periods stated, and the weighted average number of shares excluded from the computation of diluted EPS because their effects would have been anti-dilutive.


	For the three months ended June 30,					For the six months ended June 30,
(Dollars in thousands, except per share data)	2025		2024			2025		2024
Net income (loss)	$	1,296	$	(11,435	)	$	862	$	(14,328	)
Less preferred stock dividends		—		150			—		150
Net income (loss) available to common stockholders	$	1,296	$	(11,585	)	$	862	$	(14,478	)

Weighted average common shares outstanding, basic		88,257,659		24,477,007			87,136,670		21,827,669
Effect of dilutive securities		324,684		—			173,876		—
Weighted average common shares outstanding, dilutive		88,582,343		24,477,007			87,310,546		21,827,669

Basic and diluted income (loss) per common share	$	0.01	$	(0.47	)	$	0.01	$	(0.66	)

Weighted average anti-dilutive shares excluded from diluted EPS
PSAs		1,570,384		—			829,134		—
Stock options		49		—			100		—
Total weighted average anti-dilutive shares		1,570,433		—			829,234		—