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Stockholders' Equity and Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2019
Stockholders' Equity and Earnings per 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:

  
Three Months Ended March 31,
 
Affected Line Item on
  
2019
  
2018
 
Consolidated Statement of Income
Available-for-sale securities
 
(in thousands)
  
Realized gains on sales of securities
 
$
26
  
$
80
 
Gain on sale of securities, net
Tax effect
  
5
  
$
17
 
Income tax expense (benefit)
  
$
21
  
$
63
  
Changes in Accumulated Other Comprehensive Loss, by Category
The following tables present the changes in accumulated other comprehensive loss, by category, net of tax, for the periods indicated:

 
 
Unrealized Gains (Losses) on Available-for-Sale Securities
  
Accumulated Other Comprehensive Loss
 
  
(in thousands)
 
       
Three Months Ended March 31, 2019
      
Balance at beginning of period
 
(2,156
)
 
(2,156
)
Net other comprehensive income
  
1,540
   
1,540
 
Balance at end of period
 
(616
)
 
(616
)
         
         
Three Months Ended March 31, 2018
        
Balance at beginning of period
 
(707
)
 
(707
)
Net other comprehensive loss
  
(1,814
)
  
(1,814
)
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
)
Balance at end of period
 
(2,737
)
 
(2,737
)
Component of Accumulated Other Comprehensive Loss on Pre-Tax and After-Tax
The following tables present the change in each component of accumulated other comprehensive loss on a pre-tax and after-tax basis for the periods indicated.

 
Three Months Ended March 31, 2019
 
 
Pretax
 
Tax
 
Net-of-Tax
 
 
(in thousands)
 
       
Unrealized gains on available-for-sale securities:
         
Unrealized holding gains arising during the period
 
$
1,975
  
$
414
  
$
1,561
 
Reclassification adjustment for gains recognized in income
  
(26
)
  
(5
)
  
(21
)
             
Total change in accumulated other comprehensive loss, net
 
$
1,949
  
$
409
  
$
1,540
 

 
Three Months Ended March 31, 2018
 
 
Pretax
 
Tax
 
Net-of-Tax
 
 
(in thousands)
 
       
Unrealized losses on available-for-sale securities:
         
Unrealized holding losses arising during the period
 
$
(2,217
)
 
$
(466
)
 
$
(1,751
)
Reclassification adjustment for gains recognized in income
  
(80
)
  
(17
)
  
(63
)
             
Total change in accumulated other comprehensive loss, net
 
$
(2,297
)
 
$
(483
)
 
$
(1,814
)
Computation of Earnings Per Share
The following is a reconciliation of the denominators of the basic and diluted EPS computations for the three months ended March 31, 2019 and 2018:

  
Net Income Available to Common Stockholders (Numerator)
  
Weighted Average Common Shares (Denominator)
  
Per Share Amount
 
  
(in thousands except per share data)
 
Three Months Ended March 31, 2019
         
Net income, basic
 
$
2,027
   
5,187
  
$
0.39
 
Potentially dilutive common shares - stock options
  
-
   
-
   
-
 
Potentially dilutive common shares - employee stock purchase program
  
-
   
-
   
-
 
Diluted
 
$
2,027
   
5,187
  
$
0.39
 
             
Three Months Ended March 31, 2018
            
Net income, basic
 
$
942
   
5,020
  
$
0.19
 
Potentially dilutive common shares - stock options
  
-
   
-
   
-
 
Potentially dilutive common shares - employee stock purchase program
  
-
   
-
   
-
 
Diluted
 
$
942
   
5,020
  
$
0.19