v3.26.1
Stockholders' Equity and Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
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.

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(Dollars in thousands, except per share data)

 

June 30, 2026

 

 

June 30, 2025

 

 

June 30, 2026

 

 

June 30, 2025

 

Net income available to common stockholders

 

$

5,462

 

 

$

4,755

 

 

$

6,777

 

 

$

9,225

 

Weighted average shares outstanding (basic)

 

 

14,470,352

 

 

 

14,273,433

 

 

 

14,442,745

 

 

 

14,264,794

 

Effect of dilutive stock options

 

 

25,938

 

 

 

120,483

 

 

 

26,661

 

 

 

119,810

 

Effect of dilutive restricted stock

 

 

47,455

 

 

 

157,207

 

 

 

41,533

 

 

 

151,287

 

Weighted average shares outstanding (diluted)

 

 

14,543,745

 

 

 

14,551,123

 

 

 

14,510,939

 

 

 

14,535,891

 

Basic earnings per share

 

$

0.38

 

 

$

0.33

 

 

$

0.47

 

 

$

0.65

 

Diluted earnings per share

 

$

0.38

 

 

$

0.33

 

 

$

0.47

 

 

$

0.63

 

Anti-dilutive stock options excluded from

 

 

 

 

 

 

 

 

 

 

 

 

   the computation of earnings per share

 

 

85,000

 

 

 

40,000

 

 

 

85,000

 

 

 

40,000