v3.26.1
Earnings per Share (EPS)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings per Share (EPS) Earnings per Share (EPS)
Basic earnings per common share is net income divided by the weighted average number of common shares outstanding during the period. Employee and Director shares are considered outstanding for this calculation unless unearned. All outstanding unvested share-based payment awards that contain rights to nonforfeitable dividends are considered participating securities for this calculation. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock options. No stock options have been granted.
Three Months Ended
June 30
Six Months Ended
June 30
2026202520262025
(Dollars and shares in thousands)
Net Income$5,096 $4,591 $11,007 $9,296 
Dividends— — — — 
Net income available to common shareholders$5,096 $4,591 $11,007 $9,296 
Weighted average common shares outstanding:
Basic shares outstanding24,80324,83024,77624,829
Stock-based awards433126149118
Diluted shares outstanding25,236 24,956 24,925 24,947 
Earnings per share:
Basic$0.21 $0.18 $0.44 $0.37 
Diluted$0.20 $0.18 $0.44 $0.37