Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	For the Years Ended December 31,
(Dollars and shares in thousands, except per share data)	2022		2021		2020
Numerator:
Net income	$	78,120	$	91,801	$	46,916
Net income allocated to unvested restricted stock awards	—		(26)		(69)
Net income allocated to common shares	$	78,120	$	91,775	$	46,847
Denominator:
Weighted average shares outstanding	29,393		29,403		29,244
Average unvested restricted stock awards	—		(8)		(46)
Denominator for basic earnings per share—weighted-average shares outstanding	29,393		29,395		29,198
Effect of dilutive securities—employee stock options and restricted stock units	158		159		70
Denominator for diluted earnings per share—adjusted weighted-average shares outstanding	29,551		29,554		29,268
Basic earnings per share	$	2.66	$	3.12	$	1.60
Diluted earnings per share	$	2.64	$	3.11	$	1.60
Average anti-dilutive options and restricted stock units excluded from computation of diluted earnings per share	245		277		491