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Earnings per Share | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per Share The following table displays a reconciliation of the information used in calculating basic and diluted earnings per common share for the years ended December 31, 2024, 2023, and 2022, which have been restated for stock dividends. Diluted earnings per common share incorporates the potential impact of contingently issuable shares, including awards which require future service as a condition of delivery of the underlying common stock.
(dollars in thousands, except per share data) | 2024 |  | 2023 |  | 2022
Net income available to common shareholders | $ | 18,256 |  |  | $ | 956 |  |  | $ | 20,751 |
Weighted average common shares outstanding | 7,000,480 |  |  | 7,039,323 |  |  | 7,063,054 |
Effect of dilutive equity-based awards | — |  |  | — |  |  | — |
Weighted average dilutive common shares outstanding | 7,000,480 |  |  | 7,039,323 |  |  | 7,063,054 |
Basic earnings per share | $ | 2.61 |  |  | $ | 0.14 |  |  | $ | 2.94 |
Diluted earnings per share | $ | 2.61 |  |  | $ | 0.14 |  |  | $ | 2.94 |
The dilutive effect of restricted share units is reflected in diluted earnings per share unless the impact is anti-dilutive, by application of the treasury stock method.

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