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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share The following table presents the calculation of net income applicable to common stockholders and basic and diluted EPS for the three and nine months ended September 30, 2023 and 2022:
Three Months Ended September 30,Nine Months Ended September 30,
($ in thousands, except share and per share data)2023202220232022
Basic
Net income$5,121 $8,650 $18,746 $25,282 
Distributed and undistributed earnings allocated to participating securities(96)(188)(379)(532)
Net income allocated to common shares$5,025 $8,462 $18,367 $24,750 
Weighted average common shares outstanding15,131,587 15,195,826 15,149,203 15,158,749 
Basic earnings per common share$0.33 $0.56 $1.21 $1.63 
Diluted
Net income allocated to common shares$5,025 $8,462 $18,367 $24,750 
Weighted average common shares outstanding for basic earnings per common share
15,131,587 15,195,826 15,149,203 15,158,749 
Add: Dilutive effects of assumed exercises of stock options8,990 79,330 51,409 87,596 
Average shares and dilutive potential common shares15,140,577 15,275,156 15,200,612 15,246,345 
Diluted earnings per common share$0.33 $0.55 $1.21 $1.62