Basic earnings per common share is net income divided by the weighted average number of common shares outstanding during the period, which includes shares held in treasury on behalf of participants in the Company’s Directors Fee Deferral Plan, and share repurchases. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock based awards, none of which were antidilutive.


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Weighted average shares outstanding for basic earnings per common share	25,058,539		25,707,233		25,201,252		25,711,004
Dilutive effect of stock based awards	173,051		68,972		160,493		71,813
Weighted average shares outstanding for diluted earnings per common share	25,231,590		25,776,205		25,361,745		25,782,817

Basic earnings per common share	$	1.14	$	1.05	$	2.18	$	1.83
Diluted earnings per common share	$	1.13	$	1.04	$	2.17	$	1.82