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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The following table shows the computation of basic and diluted earnings per share:
 
  
As of and for the Years ended December 31,
 
  
2020
  
2019
  
2018
 
(Dollars in thousands, except per share amounts)
         
Numerator
         
Net income
 
$
19,266
  
$
8,225
  
$
25,000
 
             
Denominator
            
Weighted-average shares outstanding for basic earnings per share
  
9,378,769
   
10,145,032
   
8,105,856
 
Dilutive effect of stock compensation (1)
  
385
   
2,279
   
131,782
 
Denominator for diluted earnings per share
  
9,379,154
   
10,147,311
   
8,237,638
 
             
Earnings per common share
            
Basic
 
$
2.05
  
$
0.81
  
$
3.08
 
Diluted
 
$
2.05
  
$
0.81
  
$
3.03
 

(1) Nonqualified stock options outstanding of 185,250, 163,000 and 150,000 as of December 31, 2020, 2019 and 2018, respectively, have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented.