EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2026


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Basic earnings per share:
Net income available to common shareholders	$	13,548	$	13,303	$	25,886	$	22,270
Weighted-average basic shares outstanding	28,504		25,167		28,483		25,162
Basic earnings per share	$	0.48	$	0.53	$	0.91	$	0.89
Diluted earnings per share:
Net income, for diluted earnings per share1,2	$	13,548	$	13,303	$	25,886	$	22,270


Total weighted-average basic shares outstanding	28,504		25,167		28,483		25,162
Add effect of dilutive restricted stock awards3	150		481		232		446

Total weighted-average diluted shares outstanding4,5	28,654		25,648		28,715		25,608
Diluted earnings per share	$	0.47	$	0.52	$	0.90	$	0.87
Anti-dilutive warrants, restricted stock awards, and Series A convertible preferred stock	48		998		48		998

1 For periods presented the Series A convertible preferred stock was anti-dilutive and, therefore, the preferred dividends have not been added back to the numerator of Net income, for diluted earnings per share.

2 Series A Preferred Stock exchanged for Common Stock and cash on September 16, 2025.

3 Incremental diluted shares from restricted stock awards under the treasury stock method.

4 For the three and six months ended June 30, 2026 and 2025, the incremental diluted shares from Series A convertible preferred stock and Series B preferred stock were not included in the diluted earnings per share count because the results would have been anti-dilutive under the treasury stock method.

5 For the three and six months ended June 30, 2026 and 2025, the warrants were not included in the diluted share count because the results would have been anti-dilutive under the if-converted method.