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Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table presents the computations of basic and diluted earnings per share (“EPS”) for the periods indicated:
Three Months Ended June 30,
Six Months Ended June 30,
($ in thousands, except per share)
2026
2025
2026
2025
Basic earnings per share:
Net income available to common shareholders$10,420 $8,984 $20,987 $16,679 
Less: income allocated to unvested restricted stock
(63)(72)(127)(133)
Net income allocated to common stock
$10,357 $8,912 $20,860 $16,546 
Weighted-average total common shares outstanding
14,193,140 14,327,132 14,210,472 14,356,613 
Less: weighted-average unvested restricted stock
(85,850)(114,100)(85,877)(114,127)
Weighted-average common shares outstanding, basic
14,107,290 14,213,032 14,124,595 14,242,486 
Basic earnings per share
$0.73 $0.63 $1.48 $1.16 
Diluted earnings per share:
Net income allocated to common stock
$10,357 $8,912 $20,860 $16,546 
Weighted-average common shares outstanding, basic
14,107,290 14,213,032 14,124,595 14,242,486 
Diluted effect of stock options
113,124 112,979 106,643 122,509 
Weighted-average common shares outstanding, diluted
14,220,414 14,326,011 14,231,238 14,364,995 
Diluted earnings per share
$0.73 $0.62 $1.47 $1.15 
There were 5,000 and 60,000 stock options excluded in computing diluted EPS because they were anti-dilutive for the three months ended June 30, 2026 and 2025, respectively. For the six months ended June 30, 2026 and 2025, there were 5,000 and 60,000 stock options excluded in computing diluted EPS because they were anti-dilutive, respectively.