Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2024

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 three months ended June 30,				As of and for the six months ended June 30,
	2024		2023		2024		2023
(Dollars in thousands, except per share amounts)
Numerator
Net income	$	11,524	$	9,746	$	22,812	$	19,353
Denominator
Weighted-average shares outstanding for basic earnings per share		9,250,332		9,153,077		9,235,176		9,150,022
Dilutive effect of stock compensation (1)		116,915		94,024		107,871		106,428
Denominator for diluted earnings per share		9,367,247		9,247,101		9,343,047		9,256,450
Earnings per common share
Basic	$	1.25	$	1.06	$	2.47	$	2.12
Diluted	$	1.23	$	1.05	$	2.44	$	2.09