| Summary of Earnings Per Common Share |
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For the Three Months Ended June 30, |
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For the Six Months Ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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(Dollars in Thousands, Except Share Data) |
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Basic earnings per common share |
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Net income |
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$ |
15,580 |
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$ |
11,422 |
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$ |
27,780 |
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$ |
22,593 |
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Less: preferred stock dividends |
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219 |
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219 |
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|
438 |
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|
438 |
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Less: earnings allocated to participating securities |
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|
233 |
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|
207 |
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|
|
462 |
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|
|
443 |
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Basic earnings allocated to common shareholders |
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$ |
15,128 |
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|
$ |
10,996 |
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$ |
26,880 |
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$ |
21,712 |
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Weighted-average common shares outstanding, excluding participating securities |
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8,208,002 |
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8,141,159 |
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8,201,585 |
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8,149,600 |
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Basic earnings per common share |
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$ |
1.84 |
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$ |
1.35 |
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$ |
3.28 |
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$ |
2.66 |
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Diluted earnings per common share |
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Earnings allocated to common shareholders, diluted |
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$ |
15,128 |
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$ |
10,996 |
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$ |
26,880 |
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$ |
21,712 |
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Weighted-average diluted common shares outstanding, excluding participating securities |
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8,208,002 |
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8,141,159 |
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8,201,585 |
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8,149,600 |
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Diluted earnings per common share |
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$ |
1.84 |
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$ |
1.35 |
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$ |
3.28 |
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$ |
2.66 |
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