v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic Earnings Per Share and Diluted Earnings Per Share A computation of basic earnings per share and diluted earnings per share follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

(Dollars in thousands, except share data)

June 30,

 

 

June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Basic

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

$

12,463

 

 

$

13,534

 

 

$

26,167

 

 

$

(372

)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

14,962,556

 

 

 

14,999,067

 

 

 

14,976,211

 

 

 

12,849,509

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) earnings per common shares

$

0.83

 

 

$

0.90

 

 

$

1.75

 

 

$

(0.03

)

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

$

12,463

 

 

$

13,534

 

 

$

26,167

 

 

$

(372

)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

14,962,556

 

 

 

14,999,067

 

 

 

14,976,211

 

 

 

12,849,509

 

Plus dilutive stock options and restricted stock units

 

43,962

 

 

 

36,046

 

 

 

39,849

 

 

 

39,390

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding and potentially dilutive shares

 

15,006,518

 

 

 

15,035,113

 

 

 

15,016,060

 

 

 

12,888,899

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted (loss) earnings per common share

$

0.83

 

 

$

0.90

 

 

$

1.74

 

 

$

(0.03

)