Quarters Ended
June 30,

Six Months Ended
June 30,

(Dollars in thousands, except share and per share data)

2024

2023

2024

2023

Numerator:

Net income

$

10,093

$

9,337

$

21,459

$

11,831

Less: preferred stock distributions

110

110

220

220

Net income available to common shareholders

$

9,983

$

9,227

$

21,239

$

11,611

Denominator:

Weighted average shares for basic earnings per share

13,609,618

13,478,014

13,594,414

13,573,841

Non-vested restricted stock units

—

61,579

—

58,571

Options

68,290

168,391

64,740

161,809

Weighted average shares for diluted earnings per share

13,677,908

13,707,984

13,659,154

13,794,221

Earnings per share - Basic

$

0.73

$

0.68

$

1.56

$

0.86

Earnings per share - Diluted

$

0.73

$

0.67

$

1.55

$

0.84