| Schedule of Earnings per Share |
The Company’s earnings per share activity for the three and six months ended June 30, 2026 and 2025, is summarized below (dollars in thousands, except per share data, unaudited): | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Basic Earnings Per Share | | | | | | | | | | | | | Net income | | $ | 9,919 | | $ | 10,633 | | $ | 22,439 | | $ | 19,734 | Weighted average shares outstanding | | | 12,848,133 | | | 13,563,910 | | | 12,917,542 | | | 13,692,003 | Basic earnings per share | | $ | 0.77 | | $ | 0.78 | | $ | 1.74 | | $ | 1.44 | | | | | | | | | | | | | | Diluted Earnings Per Share | | | | | | | | | | | | | Net income | | $ | 9,919 | | $ | 10,633 | | $ | 22,439 | | $ | 19,734 | Weighted average shares outstanding | | | 12,848,133 | | | 13,563,910 | | | 12,917,542 | | | 13,692,003 | Effect of dilutive equity awards | | | 110,994 | | | 73,342 | | | 110,351 | | | 85,003 | Weighted average shares outstanding | | | 12,959,127 | | | 13,637,252 | | | 13,027,893 | | | 13,777,006 | Diluted earnings per share | | $ | 0.77 | | $ | 0.78 | | $ | 1.72 | | $ | 1.43 | | | | | | | | | | | | | | Anti-dilutive equity awards | | | 2,460 | | | 265,885 | | | 23 | | | 47,798 |
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