v3.25.2
Earnings Per Common Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
The following is a computation of basic and diluted earnings per common share at the periods indicated:
Three Months Ended
June 30, 2025June 30, 2024
(dollars in thousands, except earnings per share data; unaudited)
Net Income$11,028 $11,596 
Basic weighted average number common shares outstanding15,033,29613,412,667
Dilutive effect of equity-based awards414,627323,841
Diluted weighted average number common shares outstanding
15,447,92313,736,508
Basic earnings per share$0.73 $0.86 
Diluted earnings per share$0.71 $0.84 
Antidilutive stock options and restricted stock outstanding79,67383,988
Under the two-class method, earnings available to common shareholders for the period are allocated between common shareholders and participating securities according to dividends declared (or accumulated) and participation rights in undistributed earnings, however the difference in the two-class method was not significant.