v3.26.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2026
EARNINGS PER SHARE  
Schedule of earnings per share The factors used in the earnings per share calculation are as follows (in thousands, except per share data).

Three months ended March 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

Basic

Net income available to common stockholders

$

31,426

$

16,354

Weighted average common shares outstanding including participating securities

10,702,882

11,215,118

Less: Weighted average participating securities

(28,184)

Weighted average common shares outstanding

10,674,698

11,215,118

Basic earnings per common share

$

2.94

$

1.46

Diluted

Net income allocated to common stockholders

$

31,426

$

16,354

Weighted average common shares outstanding for basic earnings per common share

10,674,698

11,215,118

Add: Dilutive effects of assumed vesting of performance based restricted stock units

27,989

19,697

Add: Dilutive effects of assumed vesting of restricted stock units

52,724

46,560

Average shares and diluted potential common shares

10,755,411

11,281,375

Diluted earnings per common share

$

2.92

$

1.45