Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Summary of Reconciliation Between Basic and Diluted Earnings Per Share

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
	(dollars in thousands, except per share data)
Earnings per common share - basic:
Numerator:
Net income	$	4,272		$	6,111		$	10,470		$	11,916
Less dividends and undistributed earnings allocated    to participating securities		(35	)		(60	)		(94	)		(121	)
Net income applicable to common shareholders	$	4,237		$	6,051		$	10,376		$	11,795
Denominator:
Weighted average common shares outstanding		4,682			4,060			4,379			4,057
Earnings per common share - basic	$	0.91		$	1.49		$	2.37		$	2.91
Earnings per common share - diluted:
Numerator:
Net income	$	4,272		$	6,111		$	10,470		$	11,916
Less dividends and undistributed earnings allocated    to participating securities		(35	)		(60	)		(94	)		(121	)
Net income applicable to common shareholders	$	4,237		$	6,051		$	10,376		$	11,795
Denominator:
Weighted average common shares outstanding		4,682			4,060			4,379			4,057
Dilutive effect of common stock equivalents		34			34			33			31
Weighted average diluted common shares outstanding		4,716			4,094			4,412			4,088
Earnings per common share - diluted	$	0.90		$	1.48		$	2.35		$	2.89