v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share Participating securities in the table reflect nonvested restricted shares that participate in dividends declared and paid by the Company on its common shares prior to vesting of the restricted shares.
   Three Months Ended
June 30,
 
($ and outstanding shares in thousands - except per share data)  2026   2025 
         
Distributed earnings allocated to common shares  $1,004   $976 
Undistributed earnings allocated to common shares   3,482    2,862 
           
Net earnings allocated to common shares   4,486    3,838 
Net earnings allocated to participating securities   11    14 
           
Net Income allocated to common shares and participating securities  $4,497   $3,852 
           
Weighted average shares outstanding for basic earnings per share   6,205    6,448 
Dilutive effect of stock compensation   15    11 
           
Weighted average shares outstanding for diluted earnings per share   6,220    6,459 
           
Basic earnings per common share  $0.72   $0.60 
           
Diluted earnings per common share  $0.72   $0.60 

 

   Six Months Ended
June 30,
 
($ and outstanding shares in thousands - except per share data)  2026   2025 
         
Distributed earnings allocated to common shares  $1,981   $1,924 
Undistributed earnings allocated to common shares   6,791    4,066 
           
Net earnings allocated to common shares   8,772    5,990 
Net earnings allocated to participating securities   21    20 
           
Net Income allocated to common shares and participating securities  $8,793   $6,010 
           
Weighted average shares outstanding for basic earnings per share   6,218    6,464 
Dilutive effect of stock compensation   15    19 
           
Weighted average shares outstanding for diluted earnings per share   6,233    6,483 
           
Basic earnings per common share  $1.41   $0.93 
           
Diluted earnings per common share  $1.41   $0.93