Schedule of Basic Earnings Per Share and Diluted Earnings Per Share |
A computation of basic earnings per share and diluted earnings per share follows:
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Three Months Ended |
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Six Months Ended |
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(Dollars in thousands, except share data) |
June 30, |
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June 30, |
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2025 |
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2024 |
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2025 |
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2024 |
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Basic |
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Net (loss) income |
$ |
13,534 |
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$ |
6,586 |
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$ |
(372 |
) |
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$ |
12,220 |
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Weighted average common shares outstanding |
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14,999,067 |
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7,569,241 |
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12,849,509 |
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7,560,960 |
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Basic (loss) earnings per common shares |
$ |
0.90 |
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$ |
0.87 |
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$ |
(0.03 |
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$ |
1.62 |
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Diluted |
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Net (loss) income |
$ |
13,534 |
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$ |
6,586 |
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$ |
(372 |
) |
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$ |
12,220 |
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Weighted average common shares outstanding |
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14,999,067 |
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7,569,241 |
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12,849,509 |
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7,560,960 |
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Plus dilutive stock options and restricted stock units |
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36,046 |
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35,722 |
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39,390 |
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37,255 |
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Weighted average common shares outstanding and potentially dilutive shares |
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15,035,113 |
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7,604,963 |
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12,888,899 |
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7,598,215 |
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Diluted (loss) earnings per common share |
$ |
0.90 |
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$ |
0.87 |
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$ |
(0.03 |
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$ |
1.61 |
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