Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Calculations of Basic and Diluted Earnings Per Common Share

Presented below is a summary of the components used to calculate basic and diluted earnings per common share, which have been restated for all stock dividends:

	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands, except per share data)	2023		2022		2023		2022
Basic and Diluted Earnings Per Share:
Net income available to shareholders	$	2,549	$	4,489	$	5,820	$	11,098
Basic weighted-average shares outstanding	7,039,323		7,039,323		7,039,323		7,087,178
Effect of dilutive equity-based awards	520		—		—		—
Diluted weighted-average shares outstanding	7,039,843		7,039,323		7,039,323		7,087,178
Basic earnings per share	$	0.36	$	0.64	$	0.83	$	1.57
Diluted earnings per share	$	0.36	$	0.64	$	0.83	$	1.57