| Earnings Per Share |
Earnings Per Share The following table sets forth the computation of basic and diluted EPS for the six months ended June 30, 2025 and 2024: | | | | | | | | | | | | | Income (Numerator) | Shares (Denominator) | Per-Share Amount | | For the six months ended June 30, 2025 | | | | | Net income as reported | $ | 15,140,000 | | | | | Basic EPS: Income available to common shareholders | 15,140,000 | | 11,079,614 | | $ | 1.37 | | | Effect of dilutive securities: restricted stock | | 113,454 | | | | Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 15,140,000 | | 11,193,068 | | $ | 1.35 | | | For the six months ended June 30, 2024 | | | | | Net income as reported | $ | 12,192,000 | | | | | Basic EPS: Income available to common shareholders | 12,192,000 | | 11,041,483 | | $ | 1.10 | | | Effect of dilutive securities: restricted stock | | 87,023 | | | | Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 12,192,000 | | 11,128,506 | | $ | 1.10 | |
The following table sets forth the computation of basic and diluted EPS for the quarters ended June 30, 2025 and 2024: | | | | | | | | | | | | | Income (Numerator) | Shares (Denominator) | Per-Share Amount | | For the quarter ended June 30, 2025 | | | | | Net income as reported | $ | 8,063,000 | | | | | Basic EPS: Income available to common shareholders | 8,063,000 | | 11,084,335 | | $ | 0.73 | | | Effect of dilutive securities: restricted stock | | 118,760 | | | | Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 8,063,000 | | 11,203,095 | | $ | 0.72 | | | For the quarter ended June 30, 2024 | | | | | Net income as reported | $ | 6,171,000 | | | | | Basic EPS: Income available to common shareholders | 6,171,000 | | 11,049,110 | | $ | 0.56 | | | Effect of dilutive securities: restricted stock | | 88,081 | | | | Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 6,171,000 | | 11,137,191 | | $ | 0.55 | |
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