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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic Earnings Per Share and Diluted Earnings Per Share A computation of basic earnings per share and diluted earnings per share follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

(Dollars in thousands, except share data)

September 30,

 

 

September 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Basic

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

$

14,681

 

 

$

7,348

 

 

$

14,309

 

 

$

19,568

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

15,014,933

 

 

 

8,567,548

 

 

 

13,579,249

 

 

 

7,898,938

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) earnings per common shares

$

0.98

 

 

$

0.86

 

 

$

1.05

 

 

$

2.48

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

$

14,681

 

 

$

7,348

 

 

$

14,309

 

 

$

19,568

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

15,014,933

 

 

 

8,567,548

 

 

 

13,579,249

 

 

 

7,898,938

 

Plus dilutive stock options and restricted stock units

 

46,222

 

 

 

48,269

 

 

 

46,538

 

 

 

45,227

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding and potentially dilutive shares

 

15,061,155

 

 

 

8,615,817

 

 

 

13,625,787

 

 

 

7,944,165

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted (loss) earnings per common share

$

0.97

 

 

$

0.85

 

 

$

1.05

 

 

$

2.46