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Earnings Per Common Share | 9 Months Ended
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Sep. 30, 2024
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:
| Three Months Ended |  | Nine Months Ended
| September 30, 2024 |  | September 30, 2023 |  | September 30, 2024 |  | September 30, 2023
| (dollars in thousands, except earnings per share data; unaudited)
Net Income | $ | 13,456 |  |  | $ | 10,270 |  |  | $ | 31,852 |  |  | $ | 35,567 |
Basic weighted average number common shares outstanding | 13,447,066 |  | 13,285,974 |  | 13,400,414 |  | 13,253,184
Dilutive effect of equity-based awards | 375,204 |  | 389,859 |  | 344,899 |  | 374,755
Diluted weighted average number common shares outstanding | 13,822,270 |  | 13,675,833 |  | 13,745,313 |  | 13,627,939
Basic earnings per share | $ | 1.00 |  |  | $ | 0.77 |  |  | $ | 2.38 |  |  | $ | 2.68 |
Diluted earnings per share | $ | 0.97 |  |  | $ | 0.75 |  |  | $ | 2.32 |  |  | $ | 2.61 |
Antidilutive stock options and restricted stock outstanding | 186,470 |  | 87,000 |  | 141,537 |  | 146,912
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.

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