June 30,

(dollars in thousands except per share data)

2026

2025

2024

Net income

$

71,839

$

58,578

$

50,182

Less: distributed earnings allocated to participating securities

(49)

(47)

(49)

Less: undistributed earnings allocated to participating securities

(265)

(217)

(208)

Net income available to common stockholders

$

71,525

$

58,314

$

49,925

Denominator for basic earnings per share

Weighted-average shares outstanding

11,101,806

11,234,703

11,292,634

Effect of dilutive securities stock options or awards

29,234

23,266

8,645

Denominator for diluted earnings per share

11,131,040

11,257,969

11,301,279

Basic earnings per share available to common stockholders

$

6.44

$

5.19

$

4.42

Diluted earnings per share available to common stockholders

$

6.43

$

5.18

$

4.42