| Summary of Earnings Per Common Share |
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For the Three Months Ended September 30, |
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For the Nine Months Ended September 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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(Dollars in Thousands, Except Share Data) |
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Basic earnings per common share |
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Net income |
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$ |
16,572 |
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$ |
14,393 |
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$ |
44,352 |
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$ |
36,986 |
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Less: preferred stock dividends |
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218 |
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218 |
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656 |
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|
656 |
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Less: earnings allocated to participating securities |
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239 |
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|
259 |
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|
|
702 |
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|
719 |
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Basic earnings allocated to common shareholders |
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$ |
16,115 |
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$ |
13,916 |
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$ |
42,994 |
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$ |
35,611 |
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Weighted-average common shares outstanding, excluding participating securities |
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8,245,915 |
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8,171,404 |
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8,209,475 |
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8,153,181 |
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Basic earnings per common share |
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$ |
1.95 |
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$ |
1.70 |
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$ |
5.24 |
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$ |
4.37 |
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Diluted earnings per common share |
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Earnings allocated to common shareholders, diluted |
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$ |
16,115 |
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$ |
13,916 |
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$ |
42,994 |
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$ |
35,611 |
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Weighted-average diluted common shares outstanding, excluding participating securities |
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8,245,915 |
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8,171,404 |
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8,209,475 |
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8,153,181 |
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Diluted earnings per common share |
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$ |
1.95 |
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$ |
1.70 |
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$ |
5.24 |
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$ |
4.37 |
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