Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

The following table presents the calculation of earnings per common share:

(Dollars and shares in thousands, except per share amounts)
	Three Months		Six Months
Periods ended June 30,	2022	2021	2022	2021
Earnings for basic and diluted earnings per common share:
Net income	$19,957	$17,460	$36,440	$37,931
Less: dividends and undistributed earnings allocated to participating securities	(57)	(52)	(111)	(108)
Net income available to common shareholders	$19,900	$17,408	$36,329	$37,823
Shares:
Weighted average common shares	17,303	17,314	17,317	17,295
Dilutive effect of common stock equivalents	111	122	134	150
Weighted average diluted common shares	17,414	17,436	17,451	17,445
Earnings per common share:
Basic earnings per common share	$1.15	$1.01	$2.10	$2.19
Diluted earnings per common share	$1.14	$1.00	$2.08	$2.17