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Earnings Per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share

Earnings Per Share

NOTE 16 Earnings Per Share

The calculation of basic and diluted earnings per share using the two-class method for the three months ended March 31, 2023 and 2022 are presented below:

​

​	​	​	​	​	​	​	​
​	​	Three months ended
​	​	March 31,
(dollars and shares in thousands, except per share data)		2023			2022		​
Net income	​	$	8,186	​	$	10,184	​
Dividends and undistributed earnings allocated to participating securities	​	​	57	​	​	125	​
Net income available to common shareholders	​	$	8,129	​	$	10,059	​
Weighted-average common shares outstanding for basic earnings per share	​	​	20,028	​		17,244	​
Dilutive effect of stock-based awards	​		218	​		256	​
Weighted-average common shares outstanding for diluted earnings per share	​	​	20,246	​	​	17,500	​
Earnings per common share:	​	​	​	​	​	​	​
Basic earnings per common share	​	$	0.41	​	$	0.58	​
Diluted earnings per common share	​	$	0.40	​	$	0.57	​

​

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI https://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257

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