Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings per common share

Schedule of earnings per share calculation

These options were therefore excluded from the diluted earnings per share calculation.

	December 31,
(dollars in thousands, except share data)	2019		2018		2017
Numerator:
Net income	$	27,858	$	22,289	13,045
Net income available to common shareholders	$	27,858	$	22,289	13,045
Denominator:
Weighted-average common shares outstanding - basic		7,528,283		7,384,200	7,005,703
Common stock equivalents		244,261		353,295	387,674
Weighted-average common shares outstanding - diluted		7,772,544		7,737,495	7,393,377
Earnings per common share:
Basic	$	3.70	$	3.02	1.86
Diluted	$	3.58	$	2.88	1.76