| Schedule of Earnings Per Share |
The computations of basic and diluted earnings per common share for the Company were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | (in thousands, except share amounts) | 2026 | | 2025 | | 2026 | | 2025 | | Numerator: | | | | | | | | | Net income - basic | $ | 11,763 | | | $ | 10,196 | | | $ | 23,734 | | | $ | 20,548 | | | Net income - diluted | $ | 11,763 | | | $ | 10,196 | | | $ | 23,734 | | | $ | 20,548 | | | | | | | | | | | Denominator: | | | | | | | | | Weighted average shares outstanding - basic | 6,584,696 | | | 6,740,312 | | | 6,580,866 | | | 6,758,720 | | | Plus: Effect of Director Compensation Program | 164 | | | 307 | | | 296 | | | 588 | | | Plus: Effect of restricted stock | 30,275 | | | 24,267 | | | 30,275 | | | 24,267 | | | Weighted average shares outstanding - diluted | 6,615,135 | | | 6,764,886 | | | 6,611,437 | | | 6,783,575 | | | | | | | | | | | Earnings per common share: | | | | | | | | | Basic | $ | 1.79 | | | $ | 1.51 | | | $ | 3.61 | | | $ | 3.04 | | | Diluted | $ | 1.78 | | | $ | 1.51 | | | $ | 3.59 | | | $ | 3.03 | |
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