For the Three Months Ended June 30,

For the Six Months Ended June 30,

2024

2023

2024

2023

(Dollars in Thousands, Except
Share Data)

Basic earnings per common share

Net income

$

10,456

$

8,337

$

19,304

$

17,316

Less: preferred stock dividends

219

219

438

438

Less: earnings allocated to participating securities

234

216

422

440

Basic earnings allocated to common shareholders

$

10,003

$

7,902

$

18,444

$

16,438

Weighted-average common shares outstanding, excluding participating securities

8,113,246

8,061,841

8,154,445

8,140,831

Basic earnings per common share

$

1.23

$

0.98

$

2.26

$

2.02

Diluted earnings per common share

Earnings allocated to common shareholders, diluted

$

10,003

$

7,902

$

18,444

$

16,438

Weighted-average diluted common shares outstanding, excluding participating securities

8,113,246

8,061,841

8,154,445

8,140,831

Diluted earnings per common share

$

1.23

$

0.98

$

2.26

$

2.02