For the three months ended

For the nine months ended

September 30,

2025

2024

2025

2024

(In thousands, except per share data)

Net income (loss), as reported

$

10,447

$

8,906

$

14,854

$

17,912

Less: Dividends paid and earnings allocated to participating securities

(167)

(126)

(381)

(296)

Income (loss) attributable to common stock

$

10,280

$

8,780

$

14,473

$

17,616

Divided by:

Weighted average common shares and participating securities outstanding

34,497

29,742

34,495

29,758

Less: Weighted average participating securities

(558)

(423)

(561)

(443)

Total weighted average common shares outstanding

33,939

29,319

33,934

29,315

Basic earnings (loss) per common share

$

0.30

$

0.30

$

0.43

$

0.60

Diluted earnings (loss) per common share⁽¹⁾

$

0.30

$

0.30

$

0.43

$

0.60

Dividend Payout ratio

73.3

%

73.3

%

153.5

%

110.0

%