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Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2024
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,
  
   
2024
    
2023
    
2022
  
(Dollars in thousands, except per share amounts)
                  
Numerator
                  
Net income
  
$
45,698
    
$
28,275
    
$
29,638
  
                         
Denominator
                        
Weighted-average shares outstanding for basic earnings per share
    
9,290,051
      
9,161,565
      
9,101,523
  
Dilutive effect of stock compensation(1)
    
157,700
      
102,742
      
103,193
  
Denominator for diluted earnings per share
    
9,447,751
      
9,264,307
      
9,204,716
  
                         
Earnings per common share
                        
Basic
  
$
4.92
    
$
3.09
    
$
3.26
  
Diluted
  
$
4.84
    
$
3.05
    
$
3.22
  

(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 0, 5,000, and 5,000 as of December 31, 2024, 2023, and 2022, respectively; Restricted stock units outstanding of 0, 156,186, and 0 as of December 31, 2024, 2023, and 2022, respectively.