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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2024
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, 2024 and 2023:
Three Months Ended September 30,Nine Months Ended September 30,
($ in thousands, except share and per share data)2024202320242023
Basic
Net income$5,436 $5,121 $16,098 $18,746 
Distributed and undistributed earnings allocated to participating securities(93)(96)(294)(379)
Net income allocated to common shares$5,343 $5,025 $15,804 $18,367 
Weighted average common shares outstanding14,812,118 15,131,587 14,890,479 15,149,203 
Basic earnings per common share$0.36 $0.33 $1.06 $1.21 
Diluted
Net income allocated to common shares$5,343 $5,025 $15,804 $18,367 
Weighted average common shares outstanding for basic earnings per common share
14,812,118 15,131,587 14,890,479 15,149,203 
Add: Dilutive effects of assumed exercises of stock options— 8,990 — 51,409 
Average shares and dilutive potential common shares14,812,118 15,140,577 14,890,479 15,200,612 
Diluted earnings per common share$0.36 $0.33 $1.06 $1.21