Three months ended

Six months ended

June 30,

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

2024

2023

2024

2023

Net income

$

6,208

$

9,104

$

12,640

$

17,290

Dividends and undistributed earnings allocated to participating securities

38

62

78

120

Net income available to common stockholders

$

6,170

$

9,042

$

12,562

$

17,170

Weighted-average common shares outstanding for basic earnings per share

19,777

20,033

19,758

20,030

Dilutive effect of stock-based awards

273

208

260

213

Weighted-average common shares outstanding for diluted earnings per share

20,050

20,241

20,018

20,243

Earnings per common share:

Basic earnings per common share

$

0.31

$

0.45

$

0.64

$

0.86

Diluted earnings per common share

$

0.31

$

0.45

$

0.63

$

0.85