v3.26.1
Earnings per Common Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings per Common Share  
Schedule of computation of earnings per share

Three months ended

Six months ended

June 30, 

June 30, 

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

 

Earnings per common share - basic:

 

  ​

 

  ​

  ​

 

  ​

Income available to common shareholders (in thousands):

 

  ​

 

  ​

  ​

 

  ​

Net income

$

7,019

$

5,103

$

13,121

$

9,913

Less: Income attributable to unvested restricted stock awards

 

(34)

 

(18)

 

(63)

 

(36)

Net income available to common shareholders

$

6,985

$

5,085

$

13,058

$

9,877

Weighted average shares outstanding:

 

  ​

 

  ​

 

  ​

 

  ​

Common shares outstanding, including unvested restricted stock

 

14,112,231

 

14,271,749

 

14,142,158

 

14,273,683

Less: Unvested restricted stock

 

(67,941)

 

(50,152)

 

(67,829)

 

(51,372)

Weighted-average common shares outstanding - basic

 

14,044,290

 

14,221,597

 

14,074,329

 

14,222,311

Earnings per common share - basic

$

0.50

$

0.36

$

0.93

$

0.69

Earnings per common share - diluted:

 

  ​

 

  ​

 

  ​

 

  ​

Income available to common shareholders (in thousands):

 

  ​

 

  ​

 

  ​

 

  ​

Net income

$

7,019

$

5,103

$

13,121

$

9,913

Less: Income attributable to unvested restricted stock awards

 

(34)

 

(18)

 

(63)

 

(36)

Net income available to common shareholders

$

6,985

$

5,085

$

13,058

$

9,877

Weighted average shares outstanding:

 

  ​

 

  ​

 

  ​

 

  ​

Common shares outstanding, including unvested restricted stock

 

14,112,231

 

14,271,749

 

14,142,158

 

14,273,683

Less: Unvested restricted stock

 

(67,941)

 

(50,152)

 

(67,829)

 

(51,372)

Plus: Effect of dilutive options

 

 

1,821

 

 

8,831

Weighted-average common shares outstanding - diluted

 

14,044,290

 

14,223,418

 

14,074,329

 

14,231,142

Earnings per common share - diluted

$

0.50

$

0.36

$

0.93

$

0.69