Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share

The following table presents a reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share.

	Three Months Ended March 31,
(Dollars in thousands - except per share amounts)	2022		2021
Distributed earnings allocated to common stock	$	7,672	$	7,364
Undistributed earnings allocated to common stock	19,516		20,531
Net earnings allocated to common stock	27,188		27,895
Net earnings allocated to participating securities	202		210
Net income allocated to common stock and participating securities	$	27,390	$	28,105
Weighted average shares outstanding for basic earnings per common share	24,743,790		25,320,930
Dilutive effect of stock compensation	—		—
Weighted average shares outstanding for diluted earnings per common share	24,743,790		25,320,930
Basic earnings per common share	$	1.10	$	1.10
Diluted earnings per common share	$	1.10	$	1.10