Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The factors used in the earnings per share computation are as follows:

	Three Months Ended
	June 30,
($ in thousands, except share data)	2021			2020
Basic
Net income	$	6,379		$	2,416
Undistributed earnings allocated to participating securities		(60	)		(45	)
Net income allocated to common shares		6,319			2,371
Weighted average common shares outstanding		15,056,484			15,072,423
Basic earnings per common share	$	0.42		$	0.16
Diluted
Net income allocated to common shares	$	6,319		$	2,371
Weighted average common shares outstanding for basic earnings per common share		15,056,484			15,072,423
Add: Dilutive effects of assumed exercises of stock options		72,967			40,195
Average shares and dilutive potential common shares		15,129,451			15,112,618
Diluted earnings per common share	$	0.42		$	0.16

	Six Months Ended
	June 30,
($ in thousands, except share data)	2021			2020
Basic
Net income	$	11,456		$	5,715
Undistributed earnings allocated to participating securities		(112	)		(106	)
Net income allocated to common shares		11,344			5,609
Weighted average common shares outstanding		15,039,773			15,279,486
Basic earnings per common share	$	0.75		$	0.37
Diluted
Net income allocated to common shares	$	11,344		$	5,609
Weighted average common shares outstanding for basic earnings per common share		15,039,773			15,279,486
Add: Dilutive effects of assumed exercises of stock options		59,630			54,801
Average shares and dilutive potential common shares		15,099,403			15,334,287
Diluted earnings per common share	$	0.75		$	0.37