Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Reconciliation of the Component Parts of Earnings per Share

A reconciliation of the component parts of earnings per share for 2022, 2021, and 2020 follows:

(dollars in thousands, except per share data)	For the years ended December 31,
	2022		2021		2020
Net income	$	75,234	$	61,519	$	52,452
Weighted average common shares (1)		19,131		19,259		19,301
Effect of dilutive common stock options (1)		2		4		2
Weighted average common shares including potential dilutive shares (1)		19,133		19,263		19,303
Basic EPS (1)	$	3.93	$	3.19	$	2.72
Diluted EPS (1)	$	3.93	$	3.19	$	2.72

(1) Share and per share amounts have been adjusted for all periods presented for the 1 for 5 reverse stock split which occurred on May 28, 2021.