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Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2021
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,
  
   
2021
    
2020
    
2019
  
(Dollars in thousands, except per share amounts)
                  
Numerator
                  
Net income
  
$
23,159
    
$
19,266
    
$
8,225
  
                         
Denominator
                        
Weighted-average shares outstanding for basic earnings per share
    
9,056,117
      
9,378,769
      
10,145,032
  
Dilutive effect of stock compensation (1)
    
35,419
      
385
      
2,279
  
Denominator for diluted earnings per share
    
9,091,536
      
9,379,154
      
10,147,311
  
                         
Earnings per common share
                        
Basic
  
$
2.56
    
$
2.05
    
$
0.81
  
Diluted
  
$
2.55
    
$
2.05
    
$
0.81
  

(1)
Nonqualified stock options outstanding of 264,000, 185,250 and 163,000 as of December 31, 2021, 2020 and 2019, respectively, have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented.