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EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2025
EARNINGS PER SHARE  
EARNINGS PER SHARE

10.          EARNINGS PER SHARE

The following table reconciles the number of shares of common stock used to compute basic and diluted earnings per share of common stock:

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Three Months Ended

​

Nine Months Ended

​

​

September 30

​

September 30

(in thousands, except share and per share amounts)

    

2025

    

2024

​

2025

    

2024

BASIC EARNINGS PER SHARE OF COMMON STOCK:

 

​

  

 

​

  

​

​

  

 

​

  

Net income - basic

​

$

3,082

 

$

15,425

​

$

19,605

 

$

52,962

Weighted shares outstanding

​

 

11,445,779

 

 

11,447,114

​

 

11,451,460

 

 

11,453,413

Basic earnings per share of common stock

​

$

0.27

 

$

1.35

​

$

1.71

 

$

4.62

​

​

​

​

 

​

​

​

​

​

 

​

​

DILUTED EARNINGS PER SHARE OF COMMON STOCK:

​

​

​

 

​

​

​

​

​

 

​

​

Net income - basic

​

$

3,082

 

$

15,425

​

$

19,605

 

$

52,962

Weighted shares outstanding - basic

​

​

11,445,779

 

​

11,447,114

​

​

11,451,460

 

​

11,453,413

Effect of dilutive securities

​

​

148,745

 

​

148,516

​

​

188,339

 

​

139,637

Weighted shares outstanding - diluted

​

​

11,594,523

 

​

11,595,630

​

​

11,639,799

 

​

11,593,050

Diluted earnings per share of common stock

​

$

0.27

 

$

1.33

​

$

1.68

 

$

4.57

​