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EARNINGS PER COMMON SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
Basic earnings per common share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the applicable period, excluding outstanding participating securities. Diluted earnings per common share is computed using the weighted average number of common shares determined for the basic computation plus the dilutive effect of potential common shares issuable under certain stock compensation plans. For the three and six months ended June 30, 2026 and 2025, there were no outstanding stock options to include in the diluted earnings per common share calculations.

Unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and are included in the computation of earnings per common share pursuant to the two-class method. The Corporation has determined that its outstanding non-vested time-based restricted stock awards are participating securities.
The computation of basic and diluted earnings per common share is shown below:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Basic earnings per common share computation:
Net income per condensed consolidated statements of income$27,229 $12,881 $53,190 $23,287 
Net earnings allocated to participating securities(256)(120)(491)(199)
Net earnings allocated to common stock$26,973 $12,761 $52,699 $23,088 
Distributed earnings allocated to common stock$5,572 $3,756 $11,145 $7,487 
Undistributed earnings allocated to common stock21,401 9,005 41,554 15,601 
Net earnings allocated to common stock$26,973 $12,761 $52,699 $23,088 
Weighted average common shares outstanding, including shares considered participating securities29,627 21,053 29,602 21,018 
Less: Average participating securities(273)(172)(266)(144)
Weighted average shares29,354 20,881 29,336 20,874 
Basic earnings per common share$0.92 $0.61 $1.80 $1.11 
Diluted earnings per common share computation:
Net earnings allocated to common stock$26,973 $12,761 $52,699 $23,088 
Weighted average common shares outstanding for basic earnings per common share29,354 20,881 29,336 20,874 
Add: Dilutive effect of stock compensation138 72 130 65 
Weighted average shares and dilutive potential common shares29,492 20,953 29,466 20,939 
Diluted earnings per common share$0.91 $0.61 $1.79 $1.10