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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic EPS and Diluted EPS
The following table presents the reconciliation between the calculation of basic EPS and diluted EPS for the years ended December 31, 2023 and 2022:
20232022
(Dollars in thousands, except per share data)
Net income$11,257 $12,615 
Weighted average common shares outstanding for basic EPS4,508,868 4,496,169 
Dilutive effect of stock-based awards (1)28,528 18,055 
Weighted-average common and potential common shares for diluted EPS4,537,396 4,514,224 
Earnings per common share:
Basic EPS$2.50 $2.81 
Diluted EPS$2.48 $2.79 
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(1)Dilutive effect of stock based awards represents the effect of vesting of restricted stock units. Unvested awards do not have dividend or dividend equivalent rights.