Three Months Ended

(Dollars in thousands, except share data)

March 31,

2026

2025

Basic

Net (loss) income

$

13,704

$

(13,906

)

Weighted average common shares outstanding

14,990,017

10,676,068

Basic (loss) earnings per common shares

$

0.91

$

(1.30

)

Diluted

Net (loss) income

$

13,704

$

(13,906

)

Weighted average common shares outstanding

14,990,017

10,676,068

Plus dilutive stock options and restricted stock units

51,893

64,016

Weighted average common shares outstanding and potentially dilutive shares

15,041,910

10,740,084

Diluted (loss) earnings per common share

$

0.91

$

(1.29

)