Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share

Schedule of basic and diluted earnings per share

	Three months ended				Nine months ended
	September 30,				September 30,
(dollars and shares in thousands, except per share data)	2020		2019		2020		2019
Net income	$	17,659	$	7,104	$	34,496	$	21,888
Dividends and undistributed earnings allocated to participating securities		315		154		600		514
Net income available to common shareholders	$	17,344	$	6,950	$	33,896	$	21,374
Weighted-average common shares outstanding for basic earnings per share		17,121		14,274		17,101		13,957
Dilutive effect of stock-based awards		332		352		334		360
Weighted-average common shares outstanding for diluted earnings per share		17,453		14,626		17,435		14,317
Earnings per common share:
Basic earnings per common share	$	1.01	$	0.49	$	1.98	$	1.53
Diluted earnings per common share	$	0.99	$	0.48	$	1.94	$	1.49