Three months ended

Six months ended

June 30,

(dollars and shares in thousands, except per share data)

2022

2021

2022

2021

Net income

$

9,293

$

11,694

$

19,477

$

26,909

Dividends and undistributed earnings allocated to participating securities

101

179

225

432

Net income available to common shareholders

$

9,192

$

11,515

$

19,252

$

26,477

Weighted-average common shares outstanding for basic earnings per share

17,297

17,194

17,271

17,170

Dilutive effect of stock-based awards

235

303

246

312

Weighted-average common shares outstanding for diluted earnings per share

17,532

17,497

17,517

17,482

Earnings per common share:

Basic earnings per common share

$

0.53

$

0.67

$

1.11

$

1.54

Diluted earnings per common share

$

0.52

$

0.66

$

1.10

$

1.52