Earnings Per Share

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Earnings Per Share

20.EARNINGS PER SHARE

The following represents a reconciliation between basic and diluted earnings per share:

		For the Year Ended December 31,
		2021			2020			2019
	(dollars in thousands, except per share data)
Earnings per common share - basic:
Numerator:
Net income		$	54,024		$	31,959		$	25,257
Less dividends and undistributed earnings allocated    to participating securities			(250	)		(47	)		(210	)
Net income applicable to common shareholders		$	53,774		$	31,912		$	25,047
Denominator:
Weighted average common shares outstanding			6,926			6,289			4,629
Earnings per common share - basic		$	7.76		$	5.07		$	5.41
Earnings per common share - diluted:
Numerator:
Net income		$	54,024		$	31,959		$	25,257
Less dividends and undistributed earnings allocated    to participating securities			(250	)		(47	)		(210	)
Net income applicable to common shareholders		$	53,774		$	31,912		$	25,047
Denominator:
Weighted average common shares outstanding			6,926			6,289			4,629
Dilutive effect of common stock equivalents			65			55			33
Weighted average diluted common shares outstanding			6,991			6,344			4,662
Earnings per common share - diluted		$	7.69		$	5.03		$	5.37