Basic net income per common share is calculated by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the reporting period.

Diluted net income per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted. It is computed by dividing net income available to common stockholders by the sum of the weighted-average common shares outstanding and the effect of all potentially dilutive common shares outstanding during the period.

Potentially dilutive common shares include stock options and RSAs granted under the Corporation’s share-based compensation plans. These securities are included in the diluted earnings per share calculation only when their effect is dilutive. Securities that would increase earnings per share are considered anti-dilutive and are therefore excluded from the computation of diluted earnings per share for the applicable periods.

The following tables reconcile basic and diluted net income per common share for the three and six months ended June 30, 2026 and 2025.


	Three Months Ended June 30,
	2026					2025
	Net Income Available to Common Stockholders		Weighted-Average Common Shares	Per Share Amount		Net Income Available to Common Stockholders		Weighted-Average Common Shares	Per Share Amount
Net income available to common stockholders	$	43,511	62,286,754	$	0.70	$	56,363	57,501,593	$	0.98
Effect of potentially dilutive stock options and restricted stock awards			286,982					270,987
Diluted net income per common share	$	43,511	62,573,736	$	0.70	$	56,363	57,772,580	$	0.98
RSAs excluded from the diluted average common share calculation			47,522					60,990



	Six Months Ended June 30,
	2026					2025
	Net Income Available to Common Stockholders		Weighted-Average Common Shares	Per Share Amount		Net Income Available to Common Stockholders		Weighted-Average Common Shares	Per Share Amount
Net income available to common stockholders	$	71,198	61,513,413	$	1.16	$	111,233	57,734,032	$	1.93
Effect of potentially dilutive stock options and restricted stock awards			281,989					271,353
Diluted net income per common share	$	71,198	61,795,402	$	1.15	$	111,233	58,005,385	$	1.92
RSAs excluded from the diluted average common share calculation			59,681					53,548