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Earnings Per Common Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
The following is a computation of basic and diluted earnings per common share at the periods indicated:
Year Ended
(dollars in thousands, except per share data)December 31, 2022December 31, 2021
Net Income$40,625 $27,005 
Basic weighted average number common shares outstanding12,949,26612,022,954
Dilutive effect of equity-based awards565,686498,472
Diluted weighted average number common shares outstanding
13,514,95212,521,426
Basic earnings per share$3.14 $2.25 
Diluted earnings per share$3.01 $2.16 
Antidilutive stock options and restricted stock outstanding147,423176,097
Under the two-class method, earnings available to common shareholders for the period are allocated between common shareholders and participating securities according to dividends declared (or accumulated) and participation rights in undistributed earnings, however the difference in the two-class method was not significant.