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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share  
Schedule of basic and diluted earnings per share

Three months ended

March 31, 

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

    

2021

    

2020

Net income

$

15,215

$

5,363

Dividends and undistributed earnings allocated to participating securities

254

82

Net income available to common shareholders

$

14,961

$

5,281

Weighted-average common shares outstanding for basic earnings per share

17,145

 

17,070

Dilutive effect of stock-based awards

 

320

 

335

Weighted-average common shares outstanding for diluted earnings per share

17,465

17,405

Earnings per common share:

Basic earnings per common share

$

0.87

$

0.31

Diluted earnings per common share

$

0.86

$

0.30