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Earnings Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings per share reflects the potential dilution of restricted stock.
The following table presents earnings per share for the three and nine months ended September 30, 2022 and 2021.
(dollars in thousands, except per share data)Three Months Ended
September 30,
Nine Months Ended
September 30,
2022202120222021
Numerator
Net income available to common stockholders
$5,252 $5,583 $13,991 $14,500 
Denominator
Weighted average number of common shares
Outstanding for basic earnings per common share
17,645 12,345 17,043 10,447 
Weighted-average number of shares outstanding for diluted earnings per common share
17,645 12,345 17,043 10,447 
Earnings per share - basic
$0.30 $0.45 $0.82 $1.39 
Earnings per share - diluted
$0.30 $0.45 $0.82 $1.39