Three Months Ended September 30,

Nine Months Ended September 30,

2023

2022

2023

2022

(dollars in thousands)

Numerator:

Net income

$

3,857

$

11,910

$

21,253

$

24,063

Denominator:

Basic weighted-average common shares outstanding

11,432,794

11,265,767

11,418,372

11,259,655

Dilutive shares

395,022

523,154

443,496

471,013

Diluted weighted-average common shares outstanding

11,827,816

11,788,921

11,861,868

11,730,668

Basic earnings per share

$

0.34

$

1.06

$

1.86

$

2.14

Diluted earnings per share

$

0.33

$

1.01

$

1.79

$

2.05