Earnings Per Share

3 Months Ended

Mar. 31, 2026

The following table sets forth the computation of basic and diluted EPS for the three months ended March 31, 2026 and 2025:


	Income (Numerator)		Shares (Denominator)	Per-Share Amount
For the three months ended March 31, 2026
Net income as reported	$	8,993,000
Basic EPS: Income available to common shareholders	8,993,000		11,110,634	$	0.81
Effect of dilutive securities: restricted stock			144,452
Diluted EPS: Income available to common shareholders plus assumed conversions	$	8,993,000	11,255,086	$	0.80
For the three months ended March 31, 2025
Net income as reported	$	7,077,000
Basic EPS: Income available to common shareholders	7,077,000		11,074,840	$	0.64
Effect of dilutive securities: restricted stock			108,089
Diluted EPS: Income available to common shareholders plus assumed conversions	$	7,077,000	11,182,929	$	0.63