v3.26.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Summary of earnings per share

The following schedule presents earnings per share data for the three and six months ended June 30, 2026 and 2025 (in thousands, except per share data):

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Net income applicable to common stock

 

$

7,081

 

 

$

688

 

 

$

13,310

 

 

$

6,066

 

Weighted average number of common shares outstanding

 

 

6,812

 

 

 

6,867

 

 

 

6,800

 

 

 

6,886

 

Basic earnings per share

 

$

1.04

 

 

$

0.10

 

 

$

1.96

 

 

$

0.88

 

Net income applicable to common stock

 

$

7,081

 

 

$

688

 

 

$

13,310

 

 

$

6,066

 

Weighted average number of common shares outstanding

 

 

6,812

 

 

 

6,867

 

 

 

6,800

 

 

 

6,886

 

Dilutive effect on common shares outstanding

 

 

11

 

 

 

29

 

 

 

16

 

 

 

43

 

Weighted average number of diluted common shares
   outstanding

 

 

6,823

 

 

 

6,896

 

 

 

6,816

 

 

 

6,929

 

Diluted earnings per share

 

$

1.04

 

 

$

0.10

 

 

$

1.95

 

 

$

0.88

 

 

Restricted stock units and options to purchase 150,354 shares of common stock at a weighted average exercise price of $32.17 were included in the computation of diluted earnings per share for the three and six months ended June 30, 2026. There were no antidilutive shares to be excluded from the computation of diluted earnings per share at June 30, 2026.