v3.26.3
Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2026
Earnings per Common Share  
Schedule of computation of earnings per share

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Three months ended

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Nine months ended

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September 30, 

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September 30, 

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  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

 

Earnings per common share - basic:

 

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  ​

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  ​

 

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  ​

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Income available to common shareholders (in thousands):

 

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  ​

 

​

  ​

​

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  ​

 

​

  ​

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Net income

​

$

7,541

​

$

5,404

​

$

20,662

​

$

15,317

​

Less: Income attributable to unvested restricted stock awards

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(36)

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(19)

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(99)

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(55)

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Net income available to common shareholders

​

$

7,505

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$

5,385

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$

20,563

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$

15,262

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Weighted average shares outstanding:

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  ​

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  ​

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Common shares outstanding, including unvested restricted stock

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14,112,126

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14,223,765

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14,138,945

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14,256,539

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Less: Unvested restricted stock

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(67,588)

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(50,812)

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(67,750)

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(51,182)

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Weighted-average common shares outstanding - basic

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14,044,538

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14,172,953

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14,071,195

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14,205,357

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Earnings per common share - basic

​

$

0.53

​

$

0.38

​

$

1.46

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$

1.07

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Earnings per common share - diluted:

​

 

  ​

​

 

  ​

​

 

  ​

​

 

  ​

​

Income available to common shareholders (in thousands):

​

 

  ​

​

 

  ​

​

 

  ​

​

 

  ​

​

Net income

​

$

7,541

​

$

5,404

​

$

20,662

​

$

15,317

​

Less: Income attributable to unvested restricted stock awards

​

 

(36)

​

 

(19)

​

 

(99)

​

 

(55)

​

Net income available to common shareholders

​

$

7,505

​

$

5,385

​

$

20,563

​

$

15,262

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted average shares outstanding:

​

 

  ​

​

 

  ​

​

 

  ​

​

 

  ​

​

Common shares outstanding, including unvested restricted stock

​

 

14,112,126

​

 

14,223,765

​

 

14,138,945

​

 

14,256,539

​

Less: Unvested restricted stock

​

 

(67,588)

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(50,812)

​

 

(67,750)

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(51,182)

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Plus: Effect of dilutive options

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—

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—

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—

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6,525

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Weighted-average common shares outstanding - diluted

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14,044,538

​

 

14,172,953

​

 

14,071,195

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14,211,882

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Earnings per common share - diluted

​

$

0.53

​

$

0.38

​

$

1.46

​

$

1.07

​