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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The following table shows the computation of basic and diluted earnings per share:
 
   
For the three months ended June
30,
    
    For the six months ended June
30,
  
   
2021
    
2020
    
2021
    
2020
  
(Dollars in thousands, except per share amounts)
                            
Numerator
                            
Net income
   $ 6,105     $ 5,036     $
11,209     $ 10,087  
                                 
Denominator
                                
Weighted-average shares outstanding for basic earnings per share
     9,050,606
       9,232,509
       9,050,295       9,598,232  
Dilutive effect of stock compensation (1)
     23,802
       -
       16,502       -  
Denominator for diluted earnings per share
     9,074,408
       9,232,509
       9,066,797       9,598,232  
                                 
Earnings per common share
                                
Basic
   $ 0.67     $ 0.54     $ 1.24     $ 1.05  
Diluted
   $ 0.67     $ 0.54     $ 1.24     $ 1.05  

(1) The following have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented: Nonqualified stock options outstanding of 265,750 and 186,500 as of June 30, 2021 and 2020, respectively; Restricted stock units of 27,000 for the six months ended June 30, 2021 and 135,000 for the three and six month periods ended June 30, 2020.