June 30,

(dollars in thousands except per share data)

2024

2023

2022

Net income

$

50,182

$

39,237

$

47,169

Less: distributed earnings allocated to participating securities

(49)

(42)

(30)

Less: undistributed earnings allocated to participating securities

(208)

(150)

(165)

Net income available to common shareholders

$

49,925

$

39,045

$

46,974

Denominator for basic earnings per share -

Weighted-average shares outstanding

11,292,634

10,124,766

8,994,022

Effect of dilutive securities stock options or awards

8,645

17,033

17,122

Denominator for diluted earnings per share

11,301,279

10,141,799

9,011,144

Basic earnings per share available to common stockholders

$

4.42

$

3.86

$

5.22

Diluted earnings per share available to common stockholders

$

4.42

$

3.85

$

5.21