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Earnings per Common Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings per Common Share Earnings per Common Share
The following table presents the calculation of EPS:
(Dollars and shares in thousands, except per share amounts)
Three months ended March 31,20262025
Earnings for basic and diluted EPS calculations:
Net income$12,600 $12,179 
Shares for basic and diluted EPS calculations:
Weighted average common shares outstanding for basic EPS
19,039 19,276 
Dilutive effect of common stock equivalents134 94 
Weighted average common and potential common shares outstanding for diluted EPS
19,173 19,370 
EPS:
Basic earnings per common share$0.66 $0.63 
Diluted earnings per common share$0.66 $0.63 
Shares excluded from the calculation of diluted EPS:
Weighted average anti-dilutive common stock equivalents (1)
369 388 
(1)Weighted average anti-dilutive common stock equivalents represent share-based compensation awards not included in the calculation of common shares outstanding for purposes of calculating diluted EPS as the grant prices were greater than the average market price of the Bancorp’s common stock, and therefore were anti-dilutive.