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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the computations of basic and diluted EPS for the periods indicated:
 
 
Three Months Ended March 31,
($ in thousands, except per share)
 
2020
 
2019
Basic earnings per share:
 
 
 
 
Net income
 
$
3,572

 
$
6,564

Less: income allocated to unvested restricted stock
 
(9
)
 

Net income allocated to common stock
 
$
3,563

 
$
6,564

Weighted-average total common shares outstanding
 
15,543,473

 
15,999,464

Less: weighted-average unvested restricted stock
 
(37,774
)
 

Weighted-average common shares outstanding, basic
 
15,505,699

 
15,999,464

Basic earnings per share
 
$
0.23

 
$
0.41

Diluted earnings per share:
 
 
 
 
Net income allocated to common stock
 
$
3,563

 
$
6,564

Weighted-average common shares outstanding, basic
 
15,505,699

 
15,999,464

Diluted effect of stock options
 
194,445

 
271,805

Weighted-average common shares outstanding, diluted
 
15,700,144

 
16,271,269

Diluted earnings per share
 
$
0.23

 
$
0.40