The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted EPS (in thousands, except per share amounts). All outstanding unvested share-based payment awards that contain rights to non-forfeitable dividends are considered participating securities. There were no participating securities outstanding for the three and six months ended June 30, 2026 and 2025. Therefore, the two-class method of calculating basic and diluted EPS was not applicable for the periods presented.


	Three months ended June 30,						Six months ended June 30,
	2026			2025			2026			2025
Net income available to common shareholders	$	20,819		$	17,168		$	41,440		$	33,681
Weighted average common shares outstanding:
Total shares issued		20,700			20,700			20,700			20,700
Unvested restricted stock awards		(7	)		(10	)		(7	)		(10	)
Treasury shares		(1,006	)		(583	)		(1,028	)		(600	)
Total basic weighted average common shares outstanding		19,687			20,107			19,665			20,090
Incremental shares from assumed:
Vesting of restricted stock awards		254			187			266			201
Total diluted weighted average common shares outstanding		19,941			20,294			19,931			20,291

Basic earnings per common share	$	1.06		$	0.85		$	2.11		$	1.68
Diluted earnings per common share	$	1.04		$	0.85		$	2.08		$	1.66

For the three and six months ended June 30, 2026 and 2025, no average shares were excluded from the computation of diluted EPS because the effect would be antidilutive.