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Earnings Per Share | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share |
Earnings Per Share | NOTE 23 Earnings Per Share The calculation of basic and diluted earnings per share using the two-class method for the years ending December 31, 2023, 2022, and 2021 is presented below:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended
​ | ​ | December 31,
(dollars and shares in thousands, except per share data) |  | 2023 |  | 2022 | ​ | 2021
Net income | ​ | $ | 11,696 | ​ | $ | 40,005 | ​ | $ | 52,681
Dividends and undistributed earnings allocated to participating securities | ​ | ​ | (5) | ​ | ​ | 416 | ​ | ​ | 802
Net income available to common stockholders | ​ | $ | 11,701 | ​ | $ | 39,589 | ​ | $ | 51,879
Weighted-average common shares outstanding for basic earnings per share | ​ | ​ | 19,922 | ​ |  | 18,640 | ​ |  | 17,189
Dilutive effect of stock-based awards | ​ |  | 221 | ​ |  | 244 | ​ |  | 297
Weighted-average common shares outstanding for diluted earnings per share | ​ | ​ | 20,143 | ​ | ​ | 18,884 | ​ | ​ | 17,486
Earnings per common share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic earnings per common share | ​ | $ | 0.59 | ​ | $ | 2.12 | ​ | $ | 3.02
Diluted earnings per common share | ​ | $ | 0.58 | ​ | $ | 2.10 | ​ | $ | 2.97
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