Three months ended
June 30,

Six months ended
June 30,

(dollars in thousands, except share data)

2026

2025

2026

2025

Numerator:

Net income available to common shareholders

$

11,195

6,581

21,082

11,847

Denominator:

Weighted-average common shares outstanding – basic

9,184,699

8,118,895

8,676,877

8,098,737

Common stock equivalents

133,816

14,894

131,640

23,478

Weighted-average common shares outstanding – diluted

9,318,515

8,133,789

8,808,517

8,122,215

Earnings per common share:

Basic

$

1.22

0.81

2.43

1.46

Diluted

1.20

0.81

2.39

1.46