Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

The calculation of basic and diluted EPS for the years ended December 31, 2025, 2024 and 2023 are presented below.

	For the Year Ended December 31,
	2025		2024		2023
	(in thousands, except earnings per share amounts)
Basic EPS:
Net income – basic	$	47,145	$	55,436	$	62,108
Basic weighted average common shares		18,979		19,071		19,149
Basic earnings per share	$	2.48	$	2.91	$	3.24
Diluted EPS:
Net income – diluted	$	47,145	$	55,436	$	62,108
Diluted weighted average common shares:
Weighted average common shares		18,979		19,071		19,149
Restricted stock and RSUs		103		89		77
Diluted weighted average common shares		19,082		19,160		19,226
Diluted earnings per common share	$	2.47	$	2.89	$	3.23

Reconciliation of Weighted Average Shares used for Basic and Diluted Earnings Per Share Calculation

The table below sets forth the reconciliation of the weighted average shares used for the basic and diluted EPS calculation.

	Years Ended
	2025		2024		2023
Basic weighted average common shares		18,979,465		19,070,717		19,149,080
Add: Other common shares eligible for common dividends:
Restricted stock and RSUs		102,677		89,088		76,941
Diluted weighted average common shares		19,082,142		19,159,805		19,226,021