v3.25.2
Earnings Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings per share reflects the potential dilution of restricted stock.
The following table presents earnings per share for the three and six month periods ended June 30, 2025 and 2024.
(dollars in thousands, except per share data)Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Numerator
Net income available to common stockholders
$7,978 $5,474 $14,591 $10,807 
Denominator
Weighted average number of common shares
Outstanding for basic earnings per common share17,448,945 17,551,007 17,478,836 17,555,609 
Weighted-average number of shares outstanding for diluted earnings per common share
17,448,945 17,551,007 17,478,836 17,555,609 
Earnings per share - basic
$0.46 $0.31 $0.83 $0.62 
Earnings per share - diluted
$0.46 $0.31 $0.83 $0.62