v3.26.1
Earnings per Share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings per Share [Abstract]  
Basic and Diluted Earnings Per Share
The following table shows the computation of basic and diluted earnings per share:

   
As of and for the three months
 ended March 31,
  
   
2026
    
2025
  
(Dollars in thousands, except share and per share amounts)
            
Numerator
            
Net income
  
$
12,006
    
$
10,336
  
 
                
Denominator
                
Weighted-average shares outstanding for basic earnings per share
    
9,491,075
      
9,421,534
  
Dilutive effect of stock compensation(1)
    
105,794
      
130,739
  
Denominator for diluted earnings per share
    
9,596,869
      
9,552,273
  
 
                
Earnings per common share
                
Basic
  
$
1.26
    
$
1.10
  
Diluted
  
$
1.25
    
$
1.08
  

(1) The following have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented: Nonqualified stock options outstanding of  0 and 0 for the three month periods ended March 31, 2026 and 2025, respectively; Restricted stock units outstanding of 30,000 and 69,589 for the three month periods ended March 31, 2026 and 2025, respectively.