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Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2021

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,
						2021						2020						2021						2020
						(Dollars in Thousands, Except Share Data)
Basic earnings per common share
Net income						$	9,198					$	4,293					$	27,165					$	10,894
Less: earnings allocated to participating securities						252						110						744						284
Basic earnings allocated to common shareholders						$	8,946					$	4,183					$	26,421					$	10,610
Weighted-average common shares outstanding, excluding participating securities						8,340,042						8,404,084						8,380,591						8,380,676
Basic earnings per common share						$	1.07					$	0.50					$	3.15					$	1.27

Diluted earnings per common share
Earnings allocated to common shareholders, diluted						$	8,946					$	4,183					$	26,421					$	10,610




Weighted-average diluted common shares outstanding, excluding participating securities						8,340,042						8,404,084						8,380,591						8,380,676
Diluted earnings per common share						$	1.07					$	0.50					$	3.15					$	1.27