| Schedule of Basic and Diluted Earnings per Share (EPS) |
The following table sets forth the computation of basic and diluted EPS for the six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | Income (Numerator) | Shares (Denominator) | Per-Share Amount | | For the six months ended June 30, 2026 | | | | | Net income as reported | $ | 18,553,000 | | | | | Basic EPS: Income available to common shareholders | 18,553,000 | | 11,115,125 | | $ | 1.67 | | | Effect of dilutive securities: restricted stock | | 150,812 | | | | Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 18,553,000 | | 11,265,937 | | $ | 1.65 | | | For the six months ended June 30, 2025 | | | | | Net income as reported | $ | 15,140,000 | | | | | Basic EPS: Income available to common shareholders | 15,140,000 | | 11,079,614 | | $ | 1.37 | | | Effect of dilutive securities: restricted stock | | 113,454 | | | | Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 15,140,000 | | 11,193,068 | | $ | 1.35 | |
The following table sets forth the computation of basic and diluted EPS for the quarters ended June 30, 2026 and 2025: | | | | | | | | | | | | | Income (Numerator) | Shares (Denominator) | Per-Share Amount | | For the quarter ended June 30, 2026 | | | | | Net income as reported | $ | 9,560,000 | | | | | Basic EPS: Income available to common shareholders | 9,560,000 | | 11,119,759 | | $ | 0.86 | | | Effect of dilutive securities: restricted stock | | 157,103 | | | | Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 9,560,000 | | 11,276,862 | | $ | 0.85 | | | For the quarter ended June 30, 2025 | | | | | Net income as reported | $ | 8,063,000 | | | | | Basic EPS: Income available to common shareholders | 8,063,000 | | 11,084,335 | | $ | 0.73 | | | Effect of dilutive securities: restricted stock | | 118,760 | | | | Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 8,063,000 | | 11,203,095 | | $ | 0.72 | |
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