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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share

Schedule of basic and diluted earnings per share

The calculation of basic and diluted earnings per share using the two-class method for the years ending December 31, 2021, 2020, and 2019 is presented below:

​	​	​	​	​	​	​	​	​	​
​	​	Year ended
​	​	December 31,
(dollars and shares in thousands, except per share data)		2021			2020		​	2019
Net income	​	$	52,681	​	$	44,675	​	$	29,540
Dividends and undistributed earnings allocated to participating securities	​	​	802	​	​	770	​	​	647
Net income available to common shareholders	​	$	51,879	​	$	43,905	​	$	28,893
Weighted-average common shares outstanding for basic earnings per share	​	​	17,189	​		17,106	​		14,736
Dilutive effect of stock-based awards	​		297	​		332	​		357
Weighted-average common shares outstanding for diluted earnings per share	​	​	17,486	​	​	17,438	​	​	15,093
Earnings per common share:	​	​	​	​	​	​	​	​	​
Basic earnings per common share	​	$	3.02	​	$	2.57	​	$	1.96
Diluted earnings per common share	​	$	2.97	​	$	2.52	​	$	1.91

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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