v3.26.1
EARNINGS PER COMMON SHARE (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of basic and diluted earnings per share
The following presents the calculation of basic and diluted earnings per common share during the periods presented:
Three Months Ended June 30,Six Months Ended June 30,
dollars in thousands, except share and per share amounts
2026202520262025
Earnings per common share - Basic
Numerator:
Net income available for common shareholders$5,729 $2,503 $11,937 $6,688 
Denominator:
Basic weighted average shares9,760,5299,707,9249,742,5159,706,181
Earnings per common share - basic$0.59 $0.26 $1.23 $0.69 
Earnings per common share - Diluted
Numerator:
Net income available for common shareholders$5,729 $2,503 $11,937 $6,688 
Denominator:
Basic weighted average shares9,760,5299,707,9249,742,5159,706,181
Diluted effect of common stock equivalents:
Stock options808 —404—
Time Vesting Units 59,35539,77563,53344,362
Financial Performance Units128,61561,622113,81053,423
Total diluted effect of common stock equivalents188,778101,397177,74797,785
Diluted weighted average shares9,949,3079,809,3219,920,2629,803,966
Earnings per common share - diluted$0.57 $0.26 $1.20 $0.68 
Schedule of potentially dilutive securities The following presents potentially dilutive securities excluded from the diluted earnings per share calculation during the periods presented:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Stock options—68,7287,87268,728 
Time Vesting Units—28,1703,79344,224 
Total potentially dilutive securities—96,89811,665112,952