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Earnings Per Common Share ("EPS") (Tables) | 9 Months Ended
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Sep. 30, 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 and nine months ended September 30, 2025 and 2024. Therefore, the two-class method of calculating basic and diluted EPS was not applicable for the periods presented.
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Net income available to common shareholders |  | $ | 20,112 |  |  | $ | 13,101 |  |  | $ | 53,793 |  |  | $ | 40,071 |
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |
Total shares issued |  |  | 20,700 |  |  |  | 16,100 |  |  |  | 20,700 |  |  |  | 16,100 |
Unvested restricted stock awards |  |  | (8 | ) |  |  | (10 | ) |  |  | (9 | ) |  |  | (10 | )
Treasury shares |  |  | (570 | ) |  |  | (626 | ) |  |  | (590 | ) |  |  | (653 | )
Total basic weighted average common shares outstanding |  |  | 20,122 |  |  |  | 15,464 |  |  |  | 20,101 |  |  |  | 15,437 |
Incremental shares from assumed: |  |  |  |  |  |  |  |  |  |  |  |
Vesting of restricted stock awards |  |  | 214 |  |  |  | 172 |  |  |  | 205 |  |  |  | 145 |
Total diluted weighted average common shares outstanding |  |  | 20,336 |  |  |  | 15,636 |  |  |  | 20,306 |  |  |  | 15,582 |
Basic earnings per common share |  | $ | 1.00 |  |  | $ | 0.85 |  |  | $ | 2.68 |  |  | $ | 2.60 |
Diluted earnings per common share |  | $ | 0.99 |  |  | $ | 0.84 |  |  | $ | 2.65 |  |  | $ | 2.57 |

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- 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
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