XML 48 R37.htm IDEA: XBRL DOCUMENT v3.26.1
EARNINGS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted earnings per common share is shown below:
Three Months Ended March 31,
 20262025
Basic earnings per common share computation:
Net income per condensed consolidated statements of income$25,961 $10,406 
Net earnings allocated to participating securities(237)(57)
Net earnings allocated to common stock$25,724 $10,349 
Distributed earnings allocated to common stock$5,572 $3,756 
Undistributed earnings allocated to common stock20,152 6,593 
Net earnings allocated to common stock$25,724 $10,349 
Weighted average common shares outstanding, including shares considered participating securities29,576 20,981 
Less: Average participating securities(259)(114)
Weighted average shares29,317 20,867 
Basic earnings per common share$0.88 $0.50 
Diluted earnings per common share computation:
Net earnings allocated to common stock$25,724 $10,349 
Weighted average common shares outstanding for basic earnings per common share29,317 20,867 
Add: Dilutive effect of stock compensation122 58 
Weighted average shares and dilutive potential common shares29,439 20,925 
Diluted earnings per common share$0.88 $0.50