| Schedule of Earnings per Common Share Reconciliation |
The following table illustrates the calculation of weighted average shares used for earnings per common share computations for the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | (Dollars in thousands, except shares) | | Net income allocated to common shareholders | $ | 17,546 | | | $ | 12,215 | | | $ | 36,493 | | | $ | 26,126 | | | Basic: | | | | | | | | | Weighted average common shares outstanding | 41,079,781 | | | 34,028,592 | | | 39,888,198 | | | 34,037,067 | | | | | | | | | | | | | | | | | | | Diluted: | | | | | | | | | Basic weighted average common shares outstanding | 41,079,781 | | | 34,028,592 | | | 39,888,198 | | | 34,037,067 | | Effect of potentially dilutive common shares(1) | 461,982 | | | 418,118 | | | 476,166 | | | 475,193 | | | Total diluted weighted average common shares outstanding | 41,541,763 | | | 34,446,710 | | | 40,364,364 | | | 34,512,260 | | Potentially dilutive shares that were excluded from the computation of diluted earnings per share because to do so would be anti-dilutive(2) | 19,873 | | | 71,614 | | | 16,396 | | | 27,280 | |
(1) Represents the effect of the vesting of restricted stock units. (2) Anti-dilution occurs when the unrecognized compensation cost per share of a restricted stock unit exceeds the market price of the Company’s stock.
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| Schedule of Dividends Activity |
The following table summarizes the dividend activity during the six months ended June 30, 2026 and the calendar year 2025: | | | | | | | | | | | | | | | | | | | | | | | | Declared | | Cash Dividend per Share | | Record Date | | Paid Date | | | | January 22, 2025 | | $0.24 | | February 6, 2025 | | February 20, 2025 | | | | April 23, 2025 | | $0.24 | | May 7, 2025 | | May 21, 2025 | | | | July 23, 2025 | | $0.24 | | August 6, 2025 | | August 20, 2025 | | | | October 22, 2025 | | $0.24 | | November 5, 2025 | | November 19, 2025 | | |
| | | | | | | | | | | | | | | | | | | | | | | | Declared | | Cash Dividend per Share | | Record Date | | Paid Date | | | | January 16, 2026 | | $0.24 | | January 28, 2026 | | February 11, 2026 | | | | April 22, 2026 | | $0.24 | | May 6, 2026 | | May 20, 2026 | | |
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