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Earnings per Share (Tables) | 12 Months Ended
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Dec. 31, 2023
Earnings per Share [Abstract] |
Basic and Diluted Earnings Per Share | The following table shows the computation of basic and diluted earnings per share:
|  | As of and for the Years ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
(Dollars in thousands, except per share amounts) |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |
Net income |  | $ | 28,275 |  |  | $ | 29,638 |  |  | $ | 23,159 |
Denominator |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding for basic earnings per share |  |  | 9,161,565 |  |  |  | 9,101,523 |  |  |  | 9,056,117 |
Dilutive effect of stock compensation(1) |  |  | 102,742 |  |  |  | 103,193 |  |  |  | 35,419 |
Denominator for diluted earnings per share |  |  | 9,264,307 |  |  |  | 9,204,716 |  |  |  | 9,091,536 |
Earnings per common share |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 3.09 |  |  | $ | 3.26 |  |  | $ | 2.56 |
Diluted |  | $ | 3.05 |  |  | $ | 3.22 |  |  | $ | 2.55 |
(1) | The following have not been included in diluted earnings per share because to do so would have been antidilutive for the periods presented: Nonqualified stock options outstanding of 5,000, 5,000, and 264,000 as of December 31, 2023, 2022, and 2021, respectively; Restricted stock units outstanding of 156,186, 0, and 0 as of December 31, 2023, 2022, and 2021, respectively.

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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