| Schedule of Computation of Basic and Diluted Earnings Per Share |
The following table presents the calculation of the basic and diluted EPS for the three and six months ended June 30, 2026 and 2025. For more information on the calculation of EPS, see Note 1. Significant Accounting Policies to the Consolidated Financial Statements in the 2025 Annual Report on Form 10-K: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | ($ in thousands, except share and per share data) | | 2026 | | 2025 | | 2026 | | 2025 | Basic | | | | | | | | | | Net income | | $ | 7,978 | | | $ | 6,333 | | | $ | 15,212 | | | $ | 11,893 | | | Distributed and undistributed earnings allocated to participating securities | | — | | | (53) | | | — | | | (127) | | | Net income allocated to common shares | | $ | 7,978 | | | $ | 6,280 | | | $ | 15,212 | | | $ | 11,766 | | | Weighted-average number of common shares outstanding | | 14,903,398 | | | 14,859,718 | | | 14,897,198 | | | 14,858,483 | | | Basic EPS | | $ | 0.54 | | | $ | 0.42 | | | $ | 1.02 | | | $ | 0.79 | | Diluted | | | | | | | | | | Net income allocated to common shares | | $ | 7,978 | | | $ | 6,280 | | | $ | 15,212 | | | $ | 11,766 | | | Weighted-average number of common shares outstanding | | 14,903,398 | | | 14,859,718 | | | 14,897,198 | | | 14,858,483 | | Add: Dilutive impact of unvested restricted stock awards (1) | | 38,732 | | | — | | | 39,324 | | | — | | | Average shares and dilutive potential common shares | | 14,942,130 | | | 14,859,718 | | | 14,936,522 | | | 14,858,483 | | | Diluted earnings per common share | | $ | 0.53 | | | $ | 0.42 | | | $ | 1.02 | | | $ | 0.79 | | |
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