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EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2024

EARNINGS PER SHARE

Schedule of basic and diluted earnings per share

​

​	​	​	​	​	​	​	​	​	​
​	​	December 31,
(in thousands, except per share amounts)		2024			2023			2022
BASIC EARNINGS PER SHARE OF COMMON STOCK:		​			​			​
Net income - basic	​	$	63,494		$	58,291		$	20,346
Weighted shares outstanding	​		11,449,864			11,438,965			11,416,667
Basic earnings per share of common stock	​	$	5.55		$	5.10		$	1.78
​	​	​	​		​	​		​	​
DILUTED EARNINGS PER SHARE OF COMMON STOCK:	​	​	​		​	​		​	​
Net income - basic	​	$	63,494		$	58,291		$	20,346
Weighted shares outstanding - basic	​	​	11,449,864		​	11,438,965		​	11,416,667
Effect of dilutive securities	​	​	151,740		​	67,995		​	—
Weighted shares outstanding - diluted	​	​	11,601,603		​	11,506,960		​	11,416,667
Diluted earnings per share of common stock	​	$	5.47		$	5.07		$	1.78

​

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- References

No definition available.

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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

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