XML 36 R29.htm IDEA: XBRL DOCUMENT
v3.25.1

Earnings Per Common Share ("EPS") (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Earnings Per Share [Abstract] |
Reconciliation of Earnings and Shares Used in Calculating Basic and Diluted EPS | The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted EPS (in thousands, except per share amounts). All outstanding unvested share-based payment awards that contain rights to non-forfeitable dividends are considered participating securities. There were no participating securities outstanding for the three months ended March 31, 2025 and 2024. Therefore, the two-class method of calculating basic and diluted EPS was not applicable for the periods presented.
|  | Three months ended March 31, |
|  | 2025 |  |  | 2024 |
Net income available to common shareholders |  | $ | 16,513 |  |  | $ | 1,705 |
Weighted average common shares outstanding: |  |  |  |  |  |
Total shares issued |  |  | 20,700 |  |  |  | 16,100 |
Unvested restricted stock awards |  |  | (10 | ) |  |  | (10 | )
Treasury shares |  |  | (617 | ) |  |  | (687 | )
Total basic weighted average common shares outstanding |  |  | 20,073 |  |  |  | 15,403 |
Incremental shares from assumed: |  |  |  |  |  |
Vesting of restricted stock awards |  |  | 212 |  |  |  | 140 |
Total diluted weighted average common shares outstanding |  |  | 20,285 |  |  |  | 15,543 |
Basic earnings per common share |  | $ | 0.82 |  |  | $ | 0.11 |
Diluted earnings per common share |  | $ | 0.81 |  |  | $ | 0.11 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration