
	Year Ended December 31,
(Dollars in thousands)	2025		2024		2023
Basic
Net income to common stockholders	$	22,153	$	12,884	$	37,875
Weighted average common shares outstanding	23,618,924		23,286,675		23,208,086
Basic earnings per common share	$	0.94	$	0.55	$	1.63

Diluted
Net income to common stockholders	$	22,153	$	12,884	$	37,875
Weighted average common shares outstanding	23,618,924		23,286,675		23,208,086
Dilutive effects of:
Assumed exercises of stock options	62,264		94,036		78,679
Restricted stock awards	15,266		62,074		98,408
Restricted stock units	111,736		135,982		91,454
Performance stock units - market based	35,535		198,617		84,869

Employee stock purchase plan	3,723		2,008		881
Average shares and dilutive potential common shares	23,847,448		23,779,392		23,562,377
Diluted earnings per common share	$	0.93	$	0.54	$	1.61

Shares that were not considered in computing diluted earnings per common share because they were antidilutive or have not met the thresholds to be considered in the dilutive calculation are as follows:


	Year Ended December 31,
	2025	2024	2023
Stock options	150,466	48,650	100,818
Restricted stock awards	—	—	—
Restricted stock units	3,750	7,500	7,500
Performance stock units - market based	48,587	15,715	12,020

Employee stock purchase plan	—	—	—