Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 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 years ended December 31, 2024, 2023 and 2022:

	Year Ended December 31,
($ in thousands, except share and per share data)	2024		2023		2022
Basic
Net income	$	21,069	$	23,918	$	33,310
Distributed and undistributed earnings allocated to participating securities	(375)		(476)		(704)
Net income allocated to common shares	$	20,694	$	23,442	$	32,606
Weighted average common shares outstanding	14,871,876		15,149,597		15,171,240
Basic earnings per common share	$	1.39	$	1.55	$	2.15
Diluted
Net income allocated to common shares	$	20,694	$	23,442	$	32,606
Weighted average common shares outstanding for basic earnings per common share	14,871,876		15,149,597		15,171,240
Add: Dilutive effects of assumed exercises of stock options	—		9,260		60,178
Average shares and dilutive potential common shares	14,871,876		15,158,857		15,231,418
Diluted earnings per common share	$	1.39	$	1.55	$	2.14