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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings Per Share | The following table sets forth the computation of basic and diluted earnings per share:
|  | Quarters Ended March 31, |
(Dollars in thousands, except share and per share data) |  | 2023 |  |  | 2022 |
Numerator: |  |  |  |  |  |
Net income (loss) |  | $ | 2,494 |  |  | $ | (14,773 | )
Less: preferred stock distributions |  |  | 110 |  |  |  | 110 |
Net income (loss) available to common shareholders |  | $ | 2,384 |  |  | $ | (14,883 | )
Denominator: |  |  |  |  |  |
Weighted average shares for basic earnings per share |  |  | 13,670,732 |  |  |  | 14,514,950 |
Non-vested restricted stock units |  |  | 103,407 |  |  |  | — |
Options |  |  | 155,007 |  |  |  | — |
Weighted average shares for diluted earnings per share (1) |  |  | 13,929,146 |  |  |  | 14,514,950 |
Earnings per share - Basic |  | $ | 0.17 |  |  | $ | (1.03 | )
Earnings per share - Diluted |  | $ | 0.17 |  |  | $ | (1.03 | )
(1) For the quarter ended March 31, 2022, “weighted average shares outstanding – basic” was used to calculate “diluted earnings per share” due to a net loss in this period.

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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