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Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2023

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,
						2023						2022						2023						2022
						(Dollars in Thousands, Except Share Data)
Basic earnings per common share
Net income						$	9,941					$	10,826					$	27,257					$	30,702
Less: preferred stock dividends						218						218						656						464
Less: earnings allocated to participating securities						242						281						690						834
Basic earnings allocated to common shareholders						$	9,481					$	10,327					$	25,911					$	29,404
Weighted-average common shares outstanding, excluding participating securities						8,107,641						8,230,902						8,134,587						8,237,879
Basic earnings per common share						$	1.17					$	1.25					$	3.19					$	3.57

Diluted earnings per common share
Earnings allocated to common shareholders, diluted						$	9,481					$	10,327					$	25,911					$	29,404




Weighted-average diluted common shares outstanding, excluding participating securities						8,107,641						8,230,902						8,134,587						8,237,879
Diluted earnings per common share						$	1.17					$	1.25					$	3.19					$	3.57