EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The following table presents earnings per share for the years ended December 31, 2022 and 2021:

	2022		2021
(dollars in thousands, except per share amounts)
Numerator
Net income available to common stockholders	$	19,542	$	18,659
Denominator
Weighted average number of common shares outstanding for basic earnings per common share	17,191,079		11,254,130
Weighted average number of common shares outstanding for diluted earnings per common share	17,191,079		11,254,130
Earnings per share - basic	$	1.14	$	1.66
Earnings per share - diluted	$	1.14	$	1.66