XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.25.1

Earnings per Share (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Earnings per Share [Abstract] |
Basic and Diluted Earnings Per Share | The following table shows the computation of basic and diluted earnings per share:
|  | As of and for the three months ended March 31, |
|  | 2025 |  |  | 2024 |
(Dollars in thousands, except per share amounts) |  |  |  |  |  |
Numerator |  |  |  |  |  |
Net income |  | $ | 10,336 |  |  | $ | 11,288 |
Denominator |  |  |  |  |  |  |  |
Weighted-average shares outstanding for basic earnings per share |  |  | 9,421,534 |  |  |  | 9,220,154 |
Dilutive effect of stock compensation(1) |  |  | 130,739 |  |  |  | 97,659 |
Denominator for diluted earnings per share |  |  | 9,552,273 |  |  |  | 9,317,813 |
Earnings per common share |  |  |  |  |  |  |  |
Basic |  | $ | 1.10 |  |  | $ | 1.22 |
Diluted |  | $ | 1.08 |  |  | $ | 1.21 |
(1) | The following have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented: Nonqualified stock options outstanding of 0 and 5,000 for the three month periods ended March 31, 2025 and 2024, respectively; Restricted stock units outstanding of 69,589 and 50,000 for the three month periods ended March 31, 2025 and 2024, respectively.

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