Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares

The following is a reconciliation of the weighted-average common shares for the basic and diluted earnings per share computations for the three and six months ended June 30, 2021 and 2020. 

(dollars in thousands, except per share data)	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Basic earnings per share
Net income	$	13,096	$	3,932	$	23,546	$	9,951
Weighted-average common shares	9,932,761		9,768,227		9,916,087		9,798,528
Basic earnings per common share	$	1.32	$	0.40	$	2.37	$	1.02
Diluted earnings per share
Net income	$	13,096	$	3,932	$	23,546	$	9,951
Weighted-average common shares	9,932,761		9,768,227		9,916,087		9,798,528
Dilutive effect of equity compensation	48,661		—		54,060		3,899
Weighted-average common and incremental shares	9,981,422		9,768,227		9,970,147		9,802,427
Diluted earnings per common share (1)	$	1.31	$	0.40	$	2.36	$	1.02

(1) Potential dilutive common shares are excluded from the computation of diluted EPS in the periods where the effect would be antidilutive. Excluded from the computation of diluted EPS were weighted-average antidilutive shares totaling 6 and 3 for the three and six months ended June 30, 2021, respectively, and 79,893 and 29,606 for the three and six months ended June 30, 2020, respectively.