Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Calculations of Basic and Diluted Earnings per Common Share

The calculations of basic and diluted (loss) earnings per common share were as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(Dollars in thousands, except per common share data)	2021		2020		2021		2020
Net (loss) income available to common shareholders	$	(5,758)	$	10,210	$	19,808	$	14,194
Less: Dividends paid on unvested shares	(79)		(96)		(214)		(274)
Add: Undistributed earnings (loss) allocated to unvested shares	21		(2)		2		4
Net (loss) earnings allocated to common shareholders	$	(5,816)	$	10,112	$	19,596	$	13,924
Weighted-average common shares outstanding	20,640,519		19,504,503		19,751,853		19,862,409
Effect of potentially dilutive common shares	148,752		133,186		138,819		135,944
Total weighted-average diluted common shares outstanding	20,789,271		19,637,689		19,890,672		19,998,353
(Loss) earnings per common share:
Basic	$	(0.28)	$	0.52	$	0.99	$	0.70
Diluted	$	(0.28)	$	0.51	$	0.99	$	0.70
Anti-dilutive common shares excluded from calculation:
Restricted shares	—		69,459		—		67,759