| Schedule of Earnings Per Share |
The computation of earnings per share is provided in the table below for the three and six-month periods indicated.
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Three Months Ended |
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Six Months Ended |
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(Dollars in thousands, except per share data) |
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June 30, 2026 |
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June 30, 2025 |
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June 30, 2026 |
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June 30, 2025 |
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Net income available to common stockholders |
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$ |
5,462 |
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$ |
4,755 |
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$ |
6,777 |
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$ |
9,225 |
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Weighted average shares outstanding (basic) |
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14,470,352 |
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14,273,433 |
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14,442,745 |
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14,264,794 |
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Effect of dilutive stock options |
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25,938 |
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120,483 |
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26,661 |
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119,810 |
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Effect of dilutive restricted stock |
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47,455 |
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157,207 |
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41,533 |
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151,287 |
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Weighted average shares outstanding (diluted) |
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14,543,745 |
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14,551,123 |
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14,510,939 |
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14,535,891 |
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Basic earnings per share |
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$ |
0.38 |
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$ |
0.33 |
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$ |
0.47 |
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$ |
0.65 |
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Diluted earnings per share |
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$ |
0.38 |
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$ |
0.33 |
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$ |
0.47 |
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$ |
0.63 |
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Anti-dilutive stock options excluded from |
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the computation of earnings per share |
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85,000 |
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40,000 |
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85,000 |
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40,000 |
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