Quarterly report [Sections 13 or 15(d)]

Note 12 - Earnings Per Share (Tables)

v3.26.1
Note 12 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Three Months Ended

   

Six Months Ended

 
   

June 30,

   

June 30,

   

June 30,

   

June 30,

 
   

2026

   

2025

   

2026

   

2025

 

Basic earnings per common share

                               

Net income

  $ 25,379     $ 25,954     $ 31,755     $ 26,102  

Less: Distributed and undistributed earnings allocated to nonvested shares

    510       592       642       599  

Net income allocated to common shareholders

  $ 24,869     $ 25,362     $ 31,113     $ 25,503  

Weighted average common shares outstanding

    23,116,515       23,131,151       23,107,356       23,126,379  
    $ 1.08     $ 1.10     $ 1.35     $ 1.10  
                                 

Diluted earnings per common share

                               

Net income allocated to common shareholders - basic

  $ 24,869     $ 25,362     $ 31,113     $ 25,503  

Add: Undistributed earnings allocated to nonvested shareholders

    370       436       364       278  

Net income allocated to common shareholders - diluted

  $ 25,239     $ 25,798     $ 31,477     $ 25,781  

Weighted average common shares outstanding - basic

    23,116,515       23,131,151       23,107,356       23,126,379  

Dilutive effect of participating securities

    473,523       542,878       481,424       542,112  

Weighted average common shares outstanding - diluted

    23,590,038       23,674,029       23,588,780       23,668,491  
    $ 1.07     $ 1.09     $ 1.33     $ 1.09