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Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share Basic And Diluted

The following table presents a reconciliation of net income available to common shareholders and the number of shares used in the calculation of basic and diluted earnings per common share shown on the consolidated statements of income.

 

 

For the Three Months Ended March 31,

 

(Dollars in thousands, except share and per share data)

 

2023

 

 

2022

 

Net income

 

$

9,243

 

 

$

2,087

 

Less dividends declared, Preferred Series A stock

 

 

1,171

 

 

 

—

 

Net income available to common shareholders

 

$

8,072

 

 

$

2,087

 

Weighted-average shares outstanding for basic earnings per common share

 

 

13,532,545

 

 

 

13,385,324

 

Dilutive effect of stock compensation and other dilutive securities

 

 

3,269,270

 

 

 

369,702

 

Weighted-average shares outstanding for diluted earnings per common share

 

 

16,801,815

 

 

 

13,755,026

 

Basic earnings per share

 

$

0.60

 

 

$

0.16

 

Diluted earnings per share

 

$

0.55

 

 

$

0.15