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Earnings Per Share | 9 Months Ended
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Sep. 30, 2024
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, 2024 and 2023.
(dollars in thousands, except per share data) | Three Months Ended September 30, | Nine Months Ended September 30,
| 2024 |  | 2023 | 2024 |  | 2023
Numerator |  |  |  |  |  |
Net income available to common stockholders | $ | 5,629 |  |  | $ | 5,804 |  | $ | 16,436 |  |  | $ | 16,149 |
Denominator |  |  |  |  |  |
Weighted average number of common shares |  |  |  |  |  |
Outstanding for basic earnings per common share | 17,587,902 |  |  | 17,569,493 |  | 17,566,452 |  |  | 17,581,817 |
Weighted-average number of shares outstanding for diluted earnings per common share | 17,587,902 |  |  | 17,569,493 |  | 17,566,452 |  |  | 17,581,817 |
Earnings per share - basic | $ | 0.32 |  |  | $ | 0.33 |  | $ | 0.94 |  |  | $ | 0.92 |
Earnings per share - diluted | $ | 0.32 |  |  | $ | 0.33 |  | $ | 0.94 |  |  | $ | 0.92 |

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