NOTE 7 - EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2026

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 7 - EARNINGS PER SHARE

The following information was used in the computation of EPS on a basic and diluted basis:

	Three months ended				Nine months ended
	September 30,				September 30,
	2026		2025		2026		2025
	(dollars in thousands, except share data)
Net income	$	36,434	$	36,714	$	106,068	$	91,530
Basic EPS	$	2.23	$	2.17	$	6.43	$	5.41
Diluted EPS	$	2.21	$	2.16	$	6.39	$	5.38
Weighted average common shares outstanding		16,362,311		16,919,785		16,501,369		16,916,371
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan		88,800		95,945		86,120		95,506
Weighted average common and common equivalent shares outstanding		16,451,111		17,015,730		16,587,489		17,011,877