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Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted


						For the Three Months Ended September 30,																		For the Nine Months Ended September 30,
						2020						2019						2020						2019
						(Dollars in Thousands, Except Share Data)
Basic earnings per common share
Net income						$	4,293					$	5,085					$	10,894					$	17,556
Less: earnings allocated to participating securities						110						111						284						340
Basic earnings allocated to common stockholders						$	4,183					$	4,974					$	10,610					$	17,216
Weighted-average common shares outstanding, excluding participating securities						8,404,084						8,492,445						8,380,676						8,546,192
Basic earnings per common share						$	0.50					$	0.59					$	1.27					$	2.01

Diluted earnings per common share
Earnings allocated to common stockholders, diluted						$	4,183					$	4,974					$	10,610					$	17,216




Weighted-average diluted common shares outstanding, excluding participating securities						8,404,084						8,492,445						8,380,676						8,546,192
Diluted earnings per common share						$	0.50					$	0.59					$	1.27					$	2.01