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Note 12 - Earnings Per Share
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

12.

Earnings per Share

 ​

The amounts used in computing earnings per share and the weighted average common shares outstanding are as follows: 

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

  

June 30,

  

June 30,

 
  

2026

  

2025

  

2026

  

2025

 

Basic earnings per common share

                

Net income

 $25,379  $25,954  $31,755  $26,102 

Less: Distributed and undistributed earnings allocated to nonvested shares

  510   592   642   599 

Net income allocated to common shareholders

 $24,869  $25,362  $31,113  $25,503 

Weighted average common shares outstanding

  23,116,515   23,131,151   23,107,356   23,126,379 
  $1.08  $1.10  $1.35  $1.10 
                 

Diluted earnings per common share

                

Net income allocated to common shareholders - basic

 $24,869  $25,362  $31,113  $25,503 

Add: Undistributed earnings allocated to nonvested shareholders

  370   436   364   278 

Net income allocated to common shareholders - diluted

 $25,239  $25,798  $31,477  $25,781 

Weighted average common shares outstanding - basic

  23,116,515   23,131,151   23,107,356   23,126,379 

Dilutive effect of participating securities

  473,523   542,878   481,424   542,112 

Weighted average common shares outstanding - diluted

  23,590,038   23,674,029   23,588,780   23,668,491 
  $1.07  $1.09  $1.33  $1.09