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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method
The following table presents the reconciliation between the calculation of basic EPS and diluted EPS for the years ended December 31, 2020 and 2019:
20202019
(Dollars in thousands, except per share data)
Net income$12,805 $10,648 
Weighted average common shares outstanding for basic EPS4,474,649 4,468,336 
Dilutive effect of stock-based awards (1)18,508 12,856 
Weighted-average common and potential common shares for diluted EPS4,493,157 4,481,192 
Earnings per common share:
Basic EPS$2.86 $2.38 
Diluted EPS$2.85 $2.38 
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(1)Dilutive effect of stock based awards represents the effect of the assumed exercise of stock options and vesting of restricted stock units. Unvested awards do not have dividend or dividend equivalent rights.