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Earnings per Share
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic earnings per share is computed by dividing income available to shareholders by the weighted average number of shares outstanding during the period. Diluted earnings per share gives effect to all dilutive potential shares that were outstanding during the period.
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 March 31,
(dollars in thousands, except per share data)20252024
Basic and Diluted Earnings Per Share:
Net income available to shareholders$5,383$4,456
Basic weighted-average shares outstanding6,983,1637,032,171
Effect of dilutive equity-based awards15,013—
Diluted weighted-average shares outstanding6,998,1767,032,171
Basic earnings per share$0.77$0.63
Diluted earnings per share$0.77$0.63
The dilutive effect of RSUs is reflected in diluted earnings per share unless the impact is anti-dilutive, by application of the treasury stock method.