| Summary of Earnings Per Common Share, Basic and Diluted |
The following table provides information relating to the calculation of earnings per common share for the three and six months ended June 30, 2026 and 2025. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | ($ in thousands, except per share data) | | 2026 | | 2025 | | 2026 | | 2025 | | | | Net income | | $ | 18,865 | | | $ | 15,507 | | | $ | 35,953 | | | $ | 29,271 | | | | | | | | | | | | | | | | Average number of common shares outstanding | | 33,451,484 | | | 33,374,265 | | | 33,440,028 | | | 33,362,632 | | | | | Dilutive effect of common stock equivalents | | 27,214 | | | 13,748 | | | 22,909 | | | 14,533 | | | | | Average number of common shares used to calculate diluted EPS | | 33,478,698 | | | 33,388,013 | | | 33,462,937 | | | 33,377,165 | | | | | | | | | | | | | | | | Anti-dilutive shares | | — | | 3,323 | | 1,098 | | 3,363 | | | | | | | | | | | | | | | Basic net income per common share | | $ | 0.56 | | | $ | 0.46 | | | $ | 1.08 | | | $ | 0.88 | | | | | Diluted net income per common share | | $ | 0.56 | | | $ | 0.46 | | | $ | 1.07 | | | $ | 0.88 | | | |
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| Schedule of Share Repurchase Program |
The following table presents information regarding the Company’s Repurchase Program for each of the periods presented. | | | | | | | | | | | | | | | | ($ in thousands, except per share amounts) | | Three and Six Months Ended June 30, 2026 | | | | | | | | | | | Number of shares repurchased | | 40,093 | | | | | | | | Average price paid per share | | $ | 22.22 | | | | | | | | | Amount repurchased | | $ | 891 | | | | | | | |
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