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Securities (Tables)
 6 Months Ended
Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following tables summarize securities available-for-sale and securities held-to-maturity as of June 30, 2020 and December 31, 2019.
 June 30, 2020
 AmortizedGross UnrealizedFair
(in thousands)CostGainsLossesValue
Securities available-for-sale    
U.S. Government-sponsored agencies$68,203  $384  $(2,043) $66,544  
Municipal securities91,906  3,140  (4,484) 90,562  
Agency mortgage-backed securities
275,433  6,632  (3,535) 278,530  
Private label mortgage-backed securities
101,110  1,044  (229) 101,925  
Asset-backed securities
5,000  —  (163) 4,837  
Corporate securities48,394  309  (2,084) 46,619  
Total available-for-sale$590,046  $11,509  $(12,538) $589,017  
 December 31, 2019
 AmortizedGross UnrealizedFair
(in thousands)CostGainsLossesValue
Securities available-for-sale    
U.S. Government-sponsored agencies$77,715  $99  $(1,942) $75,872  
Municipal securities97,447  1,706  (1,501) 97,652  
Agency mortgage-backed securities
264,142  1,304  (4,006) 261,440  
Private label mortgage-backed securities
63,704  97  (188) 63,613  
Asset-backed securities
5,000  —  (45) 4,955  
Corporate securities38,632  220  (1,532) 37,320  
Total available-for-sale$546,640  $3,426  $(9,214) $540,852  
Schedule Of Held-To-Maturity Securities Reconciliation
 June 30, 2020
 AmortizedGross UnrealizedFair
(in thousands)CostGainsLossesValue
Securities held-to-maturity    
Municipal securities$14,603  $671  $—  $15,274  
Corporate securities53,692  768  (582) 53,878  
Total held-to-maturity$68,295  $1,439  $(582) $69,152  
 December 31, 2019
 AmortizedGross UnrealizedFair
(in thousands)CostGainsLossesValue
Securities held-to-maturity    
Municipal securities$10,142  $226  $—  $10,368  
Corporate securities51,736  588  (132) 52,192  
Total held-to-maturity$61,878  $814  $(132) $62,560  
Available-for-sale Securities
The carrying value of securities at June 30, 2020 is shown below by their contractual maturity date. Actual maturities will differ because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
 Available-for-Sale
(in thousands)Amortized
Cost		Fair
Value
Within one year$15  $15  
One to five years30,141  25,364  
Five to ten years82,174  79,991  
After ten years96,173  98,355  
 208,503  203,725  
Agency mortgage-backed securities275,433  278,530  
Private label mortgage-backed securities101,110  101,925  
Asset-backed securities5,000  4,837  
Total$590,046  $589,017  
Held-to-maturity Securities
 Held-to-Maturity
(in thousands)Amortized
Cost		Fair
Value
One to five years$1,505  $1,557  
Five to ten years54,272  54,642  
After ten years12,518  12,953  
Total$68,295  $69,152  
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value
The unrealized losses on the Company’s investments in agency mortgage-backed, private label mortgage-backed and asset-backed securities were caused primarily by interest rate changes. The Company expects to recover the amortized cost bases over the term of the securities. Because the Company does not intend to sell the investments and it is not likely that the Company will be required to sell the investments before recovery of their amortized cost bases, which may be upon maturity, the Company does not consider those investments to be other-than-temporarily impaired at June 30, 2020.

The following tables show the securities portfolio’s gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2020 and December 31, 2019.
 June 30, 2020
 Less Than 12 Months12 Months or LongerTotal
(in thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
Securities available-for-sale      
U.S. Government-sponsored agencies$1,195  $(15) $56,494  $(2,028) $57,689  $(2,043) 
Municipal securities61,167  (4,484) —  —  61,167  (4,484) 
Agency mortgage-backed securities
22,419  (391) 10,727  (3,144) 33,146  (3,535) 
Private label mortgage-backed securities
21,781  (160) 2,777  (69) 24,558  (229) 
Asset-backed securities
—  —  4,837  (163) 4,837  (163) 
Corporate securities
12,512  (122) 20,038  (1,962) 32,550  (2,084) 
Total$119,074  $(5,172) $94,873  $(7,366) $213,947  $(12,538) 

 June 30, 2020
 Less Than 12 Months12 Months or LongerTotal
(in thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
Securities held-to-maturity      
Corporate securities$23,527  $(582) $—  $—  $23,527  $(582) 
Total$23,527  $(582) $—  $—  $23,527  $(582) 
 
 December 31, 2019
 Less Than 12 Months12 Months or LongerTotal
(in thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
Securities available-for-sale      
U.S. Government-sponsored agencies$4,820  $(61) $62,182  $(1,881) $67,002  $(1,942) 
Municipal securities1,279  (1,501) —  —  1,279  (1,501) 
Agency mortgage-backed securities
91,159  (829) 83,212  (3,177) 174,371  (4,006) 
Private label mortgage-backed securities
30,077  (180) 2,884  (8) 32,961  (188) 
Asset-backed securities
—  —  4,955  (45) 4,955  (45) 
Corporate securities
—  —  22,985  (1,532) 22,985  (1,532) 
Total$127,335  $(2,571) $176,218  $(6,643) $303,553  $(9,214) 
Held to Maturity, Continuous Unrealized Loss Position, Fair Value
 December 31, 2019
 Less Than 12 Months12 Months or LongerTotal
(in thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
Securities held-to-maturity      
Corporate securities13,977  (132) —  —  13,977  (132) 
Total$13,977  $(132) $—  $—  $13,977  $(132) 
Schedule of Accumulated Other Comprehensive Income (Loss)
Amounts reclassified from accumulated other comprehensive loss and the affected line items in the condensed consolidated statements of income during the three and six months ended June 30, 2020 and June 30, 2019 were as follows:

(in thousands)



Details About Accumulated Other Comprehensive Loss Components
Affected Line Item in the
Statements of Income
Three Months Ended June 30, 2020Six Months Ended June 30, 2020Three Months Ended June 30, 2019Six Months Ended June 30, 2019
Realized gains (losses) on securities available-for-sale   
Gain (loss) realized in earnings$—  $41  $(458) $(458) Gain (loss) on sale of securities
Total reclassified amount before tax—  41  (458) (458) Income Before Income Taxes
Tax expense (benefit)—  11  (124) (124) Income Tax Provision (Benefit)
Total reclassifications out of accumulated other comprehensive loss
$—  $30  $(334) $(334) Net Income
The components of accumulated other comprehensive loss, included in stockholders' equity, for the six months ended June 30, 2020 and 2019, respectively, are presented in the table below.
(in thousands)Available-For-Sale SecuritiesCash Flow HedgesTotal
Balance, January 1, 2020$(4,388) $(9,803) $(14,191) 
Net change in unrealized gain (loss)4,801  (13,967) (9,166) 
Reclassification of gain realized and included in earnings(41) —  (41) 
Accumulated other comprehensive income (loss) before income tax372  (23,770) (23,398) 
Income tax provision (benefit)1,760  (4,020) (2,260) 
Balance, June 30, 2020$(1,388) $(19,750) $(21,138) 
Balance, January 1, 2019$(13,360) $(3,181) $(16,541) 
Net change in unrealized gain (loss)10,577  (9,464) 1,113  
Reclassification of net loss realized and included in earnings458  —  458  
Accumulated other comprehensive loss before income tax(2,325) (12,645) (14,970) 
Income tax provision (benefit)3,163  (2,555) 608  
Balance, June 30, 2019$(5,488) $(10,090) $(15,578) 
The components of accumulated other comprehensive loss, included in stockholders' equity, for the three months ended June 30, 2020 and 2019, respectively, are presented in the table below.

(in thousands)Available-For-Sale SecuritiesCash Flow HedgesTotal
Balance, April 1, 2020$(239) $(19,627) $(19,866) 
Net change in unrealized loss(1,498) (509) (2,007) 
Accumulated other comprehensive loss before income tax(1,737) (20,136) (21,873) 
Income tax benefit(349) (386) (735) 
Balance, June 30, 2020$(1,388) $(19,750) $(21,138) 
Balance, April 1, 2019$(8,380) $(5,788) $(14,168) 
Net change in unrealized gain (loss)3,667  (5,892) (2,225) 
Reclassification of net loss realized and included in earnings458  —  458  
Accumulated other comprehensive loss before income tax(4,255) (11,680) (15,935) 
Income tax provision (benefit)1,233  (1,590) (357) 
Balance, June 30, 2019$(5,488) $(10,090) $(15,578)