| Schedule of Computation of Basic and Diluted Earnings Per Common Share |
The following is a computation of basic and diluted earnings per common share at the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 30, 2026 | | September 30, 2025 | | September 30, 2026 | | September 30, 2025 | | (dollars in thousands, except earnings per share data; unaudited) | | Net (loss) income | $ | 13,788 | | | $ | 13,592 | | | $ | (16,298) | | | $ | 34,350 | | | Basic weighted average number common shares outstanding | 15,256,873 | | 15,093,274 | | 15,226,843 | | 15,030,171 | | Dilutive effect of equity-based awards | 160,305 | | 350,713 | | 0 | | 284,390 | Diluted weighted average number common shares outstanding | 15,417,178 | | 15,443,987 | | 15,226,843 | | 15,314,561 | | Basic (loss) earnings per share | $ | 0.90 | | | $ | 0.90 | | | $ | (1.07) | | | $ | 2.29 | | | Diluted (loss) earnings per share | $ | 0.89 | | | $ | 0.88 | | | $ | (1.07) | | | $ | 2.24 | | | Antidilutive stock options and restricted stock outstanding | 160,808 | | 94,268 | | 354,287 | | 59,074 |
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