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Earnings Per Common Share (Tables) | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Summary of Earnings Per Common Share |
|  | For the Three Months Ended June 30, |  |  | For the Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | (Dollars in Thousands, Except Share Data) |
Basic earnings per common share |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 10,456 |  |  | $ | 8,337 |  |  | $ | 19,304 |  |  | $ | 17,316 |
Less: preferred stock dividends |  |  | 219 |  |  |  | 219 |  |  |  | 438 |  |  |  | 438 |
Less: earnings allocated to participating securities |  |  | 234 |  |  |  | 216 |  |  |  | 422 |  |  |  | 440 |
Basic earnings allocated to common shareholders |  | $ | 10,003 |  |  | $ | 7,902 |  |  | $ | 18,444 |  |  | $ | 16,438 |
Weighted-average common shares outstanding, excluding participating securities |  |  | 8,113,246 |  |  |  | 8,061,841 |  |  |  | 8,154,445 |  |  |  | 8,140,831 |
Basic earnings per common share |  | $ | 1.23 |  |  | $ | 0.98 |  |  | $ | 2.26 |  |  | $ | 2.02 |
Diluted earnings per common share |  |  |  |  |  |  |  |  |  |  |  |
Earnings allocated to common shareholders, diluted |  | $ | 10,003 |  |  | $ | 7,902 |  |  | $ | 18,444 |  |  | $ | 16,438 |
Weighted-average diluted common shares outstanding, excluding participating securities |  |  | 8,113,246 |  |  |  | 8,061,841 |  |  |  | 8,154,445 |  |  |  | 8,140,831 |
Diluted earnings per common share |  | $ | 1.23 |  |  | $ | 0.98 |  |  | $ | 2.26 |  |  | $ | 2.02 |

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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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