XML 46 R35.htm IDEA: XBRL DOCUMENT v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
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