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Earnings per Common Share | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Earnings per Common Share | Earnings per Common Share Basic earnings per common share is calculated by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share is calculated by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents (stock-based awards). The following table provides information relating to the calculation of earnings per common share for the three months ended June 30, 2025 and 2024.
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
($ in thousands, except per share data) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Net income |  | $ | 15,507 |  |  | $ | 11,234 |  |  | $ | 29,271 |  |  | $ | 19,418 |
Average number of common shares outstanding |  | 33,374,265 |  | 33,233,870 |  | 33,362,632 |  | 33,211,558
Dilutive effect of common stock equivalents |  | 13,748 |  | — |  | 14,533 |  | —
Average number of common shares used to calculate diluted EPS |  | 33,388,013 |  | 33,233,870 |  | 33,377,165 |  | 33,211,558
Anti-dilutive shares |  | 3,323 |  | — |  | 3,363 |  | —
Basic net income per common share |  | $ | 0.46 |  |  | $ | 0.34 |  |  | $ | 0.88 |  |  | $ | 0.58 |
Diluted net income per common share |  | $ | 0.46 |  |  | $ | 0.34 |  |  | $ | 0.88 |  |  | $ | 0.58 |
There were three thousand and zero anti-dilutive unvested restricted stock and performance stock unit awards excluded from the calculation of diluted earnings per share for the three months ended June 30, 2025 and 2024, respectively. There were three thousand and zero anti-dilutive unvested restricted stock and performance stock unit awards excluded from the calculation of diluted earnings per share for the six months ended June 30, 2025 and 2024, respectively.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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