Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The factors used in the earnings per share computation follow:

	Year Ended
	December 31,
(Dollars in thousands, except share data)	2020			2019			2018
Basic
Net income	$	13,127		$	16,757		$	14,253
Undistributed earnings allocated to participating securities		(195	)		(383	)		(422	)
Net income allocated to common shares		12,932			16,374			13,831
Weighted average common shares outstanding		15,196,351			15,741,926			15,104,939
Basic earnings per common share	$	0.85		$	1.04		$	0.92
Diluted
Net income allocated to common shares	$	12,932		$	16,374		$	13,831
Weighted average common shares outstanding for basic    earnings per common share		15,196,351			15,741,926			15,104,939
Add: Dilutive effects of assumed exercises of stock options		27,537			193,388			446,124
Average shares and dilutive potential common shares		15,223,888			15,935,314			15,551,063
Diluted earnings per common share	$	0.85		$	1.03		$	0.89