v3.26.3
Earnings Per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Earnings per common share ("EPS") was computed based on the following:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands, except per share data)2026202520262025
Numerator:
Net income available to common shareholders$10,097 $12,357 $33,072 $34,651 
Denominator:
Weighted average common shares outstanding7,796 7,713 7,769 7,789 
Effect of dilutive securities:
Restricted stock49 41 53 44 
Stock options29 29 30 30 
Weighted average common shares outstanding – assuming dilution7,874 7,783 7,852 7,863 
Basic earnings per common share$1.30 $1.60 $4.26 $4.45 
Diluted earnings per common share$1.28 $1.59 $4.21 $4.41 

Options for 14,295 and 16,346 shares of common stock were not included in the computation of diluted EPS for the three months ended September 30, 2026 and 2025, respectively, because the effect of those shares was anti-dilutive. For the nine months ended September 30, 2026 and 2025, options for 6,259 and 8,357, respectively, shares of common stock were not included in the computation of diluted EPS because the effect of these shares was anti-dilutive.