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Stockholders' Equity and Earnings per Common Share (Tables)
12 Months Ended
Dec. 31, 2018
Stockholders' Equity and Earnings Per Common Share [Abstract]  
Amounts Reclassified Out of Accumulated Other Comprehensive Loss by Category
The following table presents information on amounts reclassified out of accumulated other comprehensive loss, by category, during the periods indicated:

  
Years Ended
  
  
December 31,
 
Affected Line Item on
Consolidated Statement of Income
  
2018
  
2017
 
  
(in thousands)
  
Available-for-sale securities
           
Realized gains (losses) on sales of securities
 
$
120
  
$
96
 
  Gain on sale of available-for-sale securities, net
Tax effect
  
25
   
33
 
  Income tax expense (benefit)
  
$
95
  
$
63
  
Defined-benefit pension plan
             
Amortization of actuarial loss
 
$
-
  
$
(490
)
  Salaries and employee benefits
Tax effect
  
-
   
(167
)
  Income tax expense (benefit)
  
$
-
  
$
(323
)
 
               
Total reclassifications for the period
 
$
95
  
$
(260
)
 
Changes in Accumulated Other Comprehensive Loss, by Category
The following table presents the changes in accumulated other comprehensive loss, by category, net of tax, for the periods indicated:

 
 
Unrealized Gains (Losses) on Available-for-Sale Securities
  
Defined Benefit Pension Plans (1)
  
Accumulated Other Comprehensive Loss
 
          
          
Balance at December 31, 2016
 
$
(1,739
)
 
$
(2,469
)
 
$
(4,208
)
             
Net change for the year ended December 31, 2017
  
1,032
   
2,469
   
3,501
 
Balance at December 31, 2017
 
$
(707
)
 
$
-
  
$
(707
)
             
Net other comprehensive loss
  
(1,233
)
  
-
   
(1,233
)
Reclassification of the income tax effects of the Tax Cuts and Jobs Act from AOCI
  
(139
)
  
-
   
(139
)
Reclassification of net unrealized gains on equity securities from AOCI per ASU 2016-01
  
(77
)
  
-
   
(77
)
Net change for the year ended December 31, 2018
  
(1,449
)
  
-
   
(1,449
)
Balance at December 31, 2018
 
$
(2,156
)
 
$
-
  
$
(2,156
)
  
(1) Net change reflects termination and settlement of the pension plan during year ended December 31, 2017.
 
Components of Other Comprehensive Income, Net of Tax on Pre-Tax and After-Tax
The following table presents the change in each component of other comprehensive income, net of tax on a pre-tax and after-tax basis for the periods indicated.

 
Year Ended December 31, 2018
 
 
Pretax
 
Tax Effect
 
Net-of-Tax
 
 
(in thousands)
 
Unrealized losses on available-for-sale securities:
      
Unrealized holding losses arising during the period
 
$
(1,440
)
 
$
(302
)
 
$
(1,138
)
Reclassification adjustment for gains recognized in income
  
(120
)
  
(25
)
  
(95
)
Total change in accumulated other comprehensive loss, net
 
$
(1,560
)
 
$
(327
)
 
$
(1,233
)


  
Year Ended December 31, 2017
 
 
 
Pretax
  
Tax Effect
  
Net-of-Tax
 
  
(in thousands)
 
Unrealized gains on available-for-sale securities:
         
Unrealized holding gains arising during the period
 
$
1,659
  
$
564
  
$
1,095
 
Reclassification adjustment for gains recognized in income
  
(96
)
  
(33
)
  
(63
)
Net change
  
1,563
   
531
   
1,032
 
             
Defined benefit pension plans:
            
Net actuarial loss for the period
  
(99
)
  
(34
)
  
(65
)
Amortization of actuarial loss from prior period
  
490
   
167
   
323
 
Net change
  
3,741
   
1,272
   
2,469
 
             
Total change in accumulated other comprehensive loss, net
 
$
5,304
  
$
1,803
  
$
3,501
 

Computation of Earnings Per Share
The following is a reconciliation of the denominators of the basic and diluted EPS computations for the years ended December 31, 2018 and 2017:

  
Net Income Available to Common Stockholders (Numerator)
  
Weighted Average Common Shares (Denominator)
  
Per Share Amount
 
  
(in thousands except per share data)
 
Year Ended December 31, 2018
         
Net income, basic
 
$
4,919
   
5,141
  
$
0.96
 
Potentially dilutive common shares - employee stock purchase program
  
-
   
-
   
-
 
Diluted
 
$
4,919
   
5,141
  
$
0.96
 
             
Year Ended December 31, 2017
            
Net loss, basic
 
$
(29
)
  
4,991
  
$
(0.01
)
Potentially dilutive common shares - employee stock purchase program
  
-
   
-
   
-
 
Diluted
 
$
(29
)
  
4,991
  
$
(0.01
)