v3.26.3
EARNINGS PER COMMON SHARE
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
The following presents the calculation of basic and diluted earnings per common share during the periods presented:
Three Months Ended September 30,Nine Months Ended September 30,
dollars in thousands, except share and per share amounts
2026202520262025
Earnings per common share - Basic
Numerator:
Net income available for common shareholders$5,981 $3,186 $17,918 $9,874 
Denominator:
Basic weighted average shares9,769,5649,717,5719,751,6309,710,020
Earnings per common share - basic$0.61 $0.33 $1.84 $1.02 
Earnings per common share - Diluted
Numerator:
Net income available for common shareholders$5,981 $3,186 $17,918 $9,874 
Denominator:
Basic weighted average shares9,769,5649,717,5719,751,6309,710,020
Diluted effect of common stock equivalents:
Stock options2,277 —1,028—
Time Vesting Units 61,19543,34662,75344,023
Financial Performance Units148,827107,825125,48371,557
Total diluted effect of common stock equivalents212,299151,171189,264115,580
Diluted weighted average shares9,981,8639,868,7429,940,8959,825,600
Earnings per common share - diluted$0.60 $0.32 $1.80 $1.00 
Diluted earnings per share was computed without consideration to potentially dilutive instruments as their inclusion would have been anti-dilutive. The following presents potentially dilutive securities excluded from the diluted earnings per share calculation during the periods presented:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Stock options—67,4785,24868,311 
Time Vesting Units—37,6842,52842,044 
Total potentially dilutive securities—105,1627,776110,355