v3.26.1
Earnings per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic earnings per share is computed by dividing income available to shareholders by the weighted average number of shares outstanding during the period. Diluted earnings per share gives effect to all dilutive potential shares that were outstanding during the period.
Presented below is a summary of the components used to calculate basic and diluted earnings per common share:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands, except per share data)2026202520262025
Net income available to shareholders$7,326$6,101$13,069$11,484
Basic weighted-average shares outstanding6,895,8116,935,5416,896,6446,959,221
Effect of dilutive equity-based awards10,6869,5239,2108,292
Diluted weighted-average shares outstanding6,906,4976,945,0646,905,8546,967,513
Basic earnings per share$1.06$0.88$1.89$1.65
Diluted earnings per share$1.06$0.88$1.89$1.65
The dilutive effect of RSUs is reflected in diluted earnings per share unless the impact is anti-dilutive, by application of the treasury stock method. No RSUs were determined to be anti-dilutive during the three and six months ended June 30, 2026 and June 30, 2025.