Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

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

	For the three months ended September 30,				For the nine months ended September 30,
	2021		2020		2021		2020
Net income applicable to common stockholders	$	8,728	$	14,754	$	34,347	$	36,325
Weighted Average Shares
Weighted average common shares outstanding	18,321,659		18,320,606		18,321,659		18,327,164
Effect of dilutive securities
Stock-based awards	449,022		—		440,838		—
Weighted average diluted common shares	18,770,681		18,320,606		18,762,497		18,327,164
Earnings per common share
Basic earnings per common share	$	0.48	$	0.81	$	1.87	$	1.98
Effect of dilutive securities
Stock-based awards	(0.02)		—		(0.04)		—
Diluted earnings per common share	$	0.46	$	0.81	$	1.83	$	1.98