XML 32 R22.htm IDEA: XBRL DOCUMENT v3.26.1
Earnings per Common Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings per Common Share Earnings per Common Share
The following table presents the calculation of EPS:
(Dollars and shares in thousands, except per share amounts)
Three MonthsSix Months
Periods ended June 30, 2026202520262025
Earnings for basic and diluted EPS calculations:
Net income$15,981 $13,245 $28,581 $25,424 
Shares for basic and diluted EPS calculations:
Weighted average common shares outstanding for basic EPS
19,064 19,285 19,051 19,280 
Dilutive effect of common stock equivalents140 89 138 92 
Weighted average common and potential common shares outstanding for diluted EPS
19,204 19,374 19,189 19,372 
EPS:
Basic earnings per common share$0.84 $0.69 $1.50 $1.32 
Diluted earnings per common share$0.83 $0.68 $1.49 $1.31 
Shares excluded from the calculation of diluted EPS:
Weighted average anti-dilutive common stock equivalents (1)
368 516 369 487 
(1)Weighted average anti-dilutive common stock equivalents represent share-based compensation awards not included in the calculation of common shares outstanding for purposes of calculating diluted EPS as the grant prices were greater than the average market price of the Bancorp’s common stock, and therefore were anti-dilutive.