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Earnings Per Share
 6 Months Ended
Jun. 30, 2021
Earnings Per Share  
Earnings Per Share

NOTE 14 Earnings Per Share

The calculation of basic and diluted earnings per share using the two-class method for the three and six months ending June 30, 2021 and 2020 are presented below:

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Three months ended

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Six months ended

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June 30, 

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June 30, 

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

    

2021

    

2020

    

2021

    

2020

Net income

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$

11,694

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$

11,474

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$

26,909

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$

16,837

Dividends and undistributed earnings allocated to participating securities

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​

179

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​

200

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432

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​

282

Net income available to common shareholders

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$

11,515

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$

11,274

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$

26,477

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$

16,555

Weighted-average common shares outstanding for basic earnings per share

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​

17,194

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17,111

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17,170

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17,091

Dilutive effect of stock-based awards

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​

303

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334

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312

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334

Weighted-average common shares outstanding for diluted earnings per share

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17,497

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17,445

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17,482

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17,425

Earnings per common share:

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Basic earnings per common share

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$

0.67

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$

0.66

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$

1.54

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$

0.97

Diluted earnings per common share

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$

0.66

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$

0.65

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$

1.52

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$

0.95

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