Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of net income and shares outstanding to the income and number of share used to compute earnings per share for the periods indicated:

	Year Ended December 31,
($ in thousands, except per share)	2021		2020		2019
Basic earnings per share:
Net income	$	40,103	$	16,175	$	24,108
Less: income allocated to unvested restricted stock	(156)		(37)		(22)
Net income allocated to common stock	$	39,947	$	16,138	$	24,086
Weighted-average total common shares outstanding	15,076,183		15,419,455		15,887,566
Less: weighted-average unvested restricted stock	(58,546)		(35,224)		(14,183)
Weighted-average common shares outstanding, basic	15,017,637		15,384,231		15,873,383
Basic earnings per share	$	2.66	$	1.05	$	1.52
Diluted earnings per share:
Net income allocated to common stock	$	39,947	$	16,138	$	24,086
Weighted-average commons shares outstanding	15,017,637		15,384,231		15,873,383
Diluted effect of stock options	236,183		64,661		298,899
Diluted weighted-average common shares outstanding	15,253,820		15,448,892		16,172,282
Diluted earnings per share	$	2.62	$	1.04	$	1.49