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Earnings Per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Earnings per common share was computed based on the following:
Three Months Ended
March 31,
(in thousands, except per share data)20262025
Numerator:
Net income available to common shareholders$11,360 $10,964 
Denominator:
Weighted average common shares outstanding7,741 7,949 
Effect of dilutive securities:
Restricted stock56 48 
Stock options30 30 
Weighted average common shares outstanding – assuming dilution7,827 8,027 
Basic earnings per common share$1.47 $1.38 
Diluted earnings per common share$1.45 $1.37 
Options for 0 and 1,668 shares of common stock were not included in the computation of diluted EPS for the three months ended March 31, 2026 and 2025, respectively, because the effect of those shares was anti-dilutive.