Three Months Ended June 30,

Six Months Ended June 30,

2022

2021

2022

2021

(dollars in thousands)

Numerator:

Net income

$

14,085

$

13,717

$

27,689

$

28,962

Earnings allocated to participating securities

(17)

(25)

(34)

(56)

Numerator for earnings per share - basic and diluted

$

14,068

$

13,692

$

27,655

$

28,906

Denominator:

Weighted average common shares outstanding

28,891,202

27,362,579

28,938,634

27,396,557

Dilutive effect of outstanding restricted stock units

53,674

17,701

48,688

10,137

Weighted average common shares outstanding, including all dilutive potential shares

28,944,876

27,380,280

28,987,322

27,406,694

Earnings per share - Basic

$

0.49

$

0.50

$

0.96

$

1.06

Earnings per share - Diluted

$

0.49

$

0.50

$

0.95

$

1.05