Basic earnings per common share are computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per common share reflect the potential dilution that could occur if the Company's outstanding restricted stock units were vested. The dilutive effect was computed using the treasury stock method, which assumes all stock-based awards were exercised and the hypothetical proceeds from exercise were used by the Company to purchase common stock at the average market price during the period. The incremental shares, to the extent they would have been dilutive, were included in the denominator of the diluted earnings per common share calculation. The calculations of earnings per common share and diluted earnings per common share for the three and six months ended June 30, 2026 and 2025 are presented in the following table.


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share data)	2026		2025		2026		2025
Net income	$	11,073	$	7,979	$	21,645	$	15,821

Weighted average common shares outstanding	17,040		16,936		16,994		16,888
Weighted average effect of restricted stock units outstanding	161		71		213		97
Diluted weighted average common shares outstanding	17,201		17,007		17,207		16,985

Basic earnings per common share	$	0.65	$	0.47	$	1.27	$	0.94
Diluted earnings per common share	$	0.64	$	0.47	$	1.26	$	0.93
Number of anti-dilutive common stock equivalents excluded from diluted earnings per share computation	169		309		134		319