v3.26.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Summary of the Components Comprising Basic and Diluted Earnings Per Share

The following is a summary of components comprising basic and diluted earnings per share (“EPS”) for the three months ended March 31, 2026 and 2025:

 

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

 

 

(Dollars in Thousands Except
 Share and Per Share Amounts)

 

Basic EPS Computation:

 

 

 

 

 

 

Numerator – Earnings available to common shareholders

 

$

22,261

 

 

$

16,392

 

Denominator – Weighted average number of common
   shares outstanding

 

 

12,250,325

 

 

 

11,962,782

 

Basic earnings per common share

 

$

1.82

 

 

$

1.37

 

Diluted EPS Computation:

 

 

 

 

 

 

Numerator – Earnings available to common shareholders

 

$

22,261

 

 

$

16,392

 

Denominator – Weighted average number of common
   shares outstanding

 

 

12,250,325

 

 

 

11,962,782

 

Dilutive effect of stock options, RSUs and PSUs

 

 

43,928

 

 

 

37,329

 

Weighted average diluted common shares outstanding

 

 

12,294,253

 

 

 

12,000,111

 

Diluted earnings per common share

 

$

1.81

 

 

$

1.37