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Stockholders' Equity and Earnings per Share (Tables)
6 Months Ended
Jun. 30, 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 income (loss), by category, during the periods indicated:

  
Three Months Ended
June 30,
  
Six Months Ended
June 30,
 
Affected Line Item on
(dollars in thousands)
 
2019
  
2018
  
2019
  
2018
 
Consolidated Statement of Income
Available-for-sale securities
                 
Realized gains on sales of securities
 
$
-
  
$
40
  
$
26
  
$
120
 
Gain on sale of securities, net
Tax effect
  
-
   
8
   
5
   
25
 
Income tax expense
  
$
-
  
$
32
  
$
21
  
$
95
  
Changes in Accumulated Other Comprehensive Loss, by Category
The following tables present the changes in accumulated other comprehensive income (loss), by category, net of tax, for the periods indicated:

(dollars in thousands)
 
Unrealized Gains
(Losses) on
Available-for-Sale
Securities
  
Accumulated Other
Comprehensive Income
(Loss)
 
       
Three Months Ended June 30, 2019
      
Balance at beginning of period
 
$
(616
)
 
$
(616
)
Net other comprehensive income
  
1,295
   
1,295
 
Balance at end of period
 
$
679
  
$
679
 
         
Three Months Ended June 30, 2018
        
Balance at beginning of period
 
$
(2,737
)
 
$
(2,737
)
Net other comprehensive loss
  
(152
)
  
(152
)
Balance at end of period
 
$
(2,889
)
 
$
(2,889
)

(dollars in thousands)
 
Unrealized Gains
(Losses) on
Available-for-Sale
Securities
  
Accumulated Other
Comprehensive Income
(Loss)
 
       
Six Months Ended June 30, 2019
      
Balance at beginning of period
 
$
(2,156
)
 
$
(2,156
)
Net other comprehensive income
  
2,835
   
2,835
 
Balance at end of period
 
$
679
  
$
679
 
         
Six Months Ended June 30, 2018
        
Balance at beginning of period
 
$
(707
)
 
$
(707
)
Net other comprehensive loss
  
(1,966
)
  
(1,966
)
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
 
$
(2,889
)
 
$
(2,889
)
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 income (loss) on a pre-tax and after-tax basis for the periods indicated.

  
Three Months Ended June 30, 2019
 
(dollars in thousands)
 
Pretax
  
Tax
  
Net-of-Tax
 
Unrealized gains on available-for-sale securities:
         
Unrealized holding gains arising during the period
 
$
1,639
  
$
344
  
$
1,295
 
             
Total change in accumulated other comprehensive income, net
 
$
1,639
  
$
344
  
$
1,295
 

  
Three Months Ended June 30, 2018
 
(dollars in thousands)
 
Pretax
  
Tax
  
Net-of-Tax
 
Unrealized losses on available-for-sale securities:
         
Unrealized holding losses arising during the period
 
$
(152
)
 
$
(32
)
 
$
(120
)
Reclassification adjustment for gains recognized in income
  
(40
)
  
(8
)
  
(32
)
             
Total change in accumulated other comprehensive loss, net
 
$
(192
)
 
$
(40
)
 
$
(152
)

  
Six Months Ended June 30, 2019
 
(dollars in thousands)
 
Pretax
  
Tax
  
Net-of-Tax
 
Unrealized gains on available-for-sale securities:
         
Unrealized holding gains arising during the period
 
$
3,615
  
$
759
  
$
2,856
 
Reclassification adjustment for gains recognized in income
  
(26
)
  
(5
)
  
(21
)
             
Total change in accumulated other comprehensive income, net
 
$
3,589
  
$
754
  
$
2,835
 

  
Six Months Ended June 30, 2018
 
(dollars in thousands)
 
Pretax
  
Tax
  
Net-of-Tax
 
Unrealized losses on available-for-sale securities:
         
Unrealized holding losses arising during the period
 
$
(2,368
)
 
$
(497
)
 
$
(1,871
)
Reclassification adjustment for gains recognized in income
  
(120
)
  
(25
)
  
(95
)
             
Total change in accumulated other comprehensive loss, net
 
$
(2,488
)
 
$
(522
)
 
$
(1,966
)
Computation of Earnings Per Share
The following is a reconciliation of the denominators of the basic and diluted EPS computations for the three and six months ended June 30, 2019 and 2018:

(dollars in thousands except per share data)
 
Net Income Available to
Common Shareholders
(Numerator)
  
Weighted Average
Common Shares
(Denominator)
  
Per Share
Amount
 
Three Months Ended June 30, 2019
         
Net income, basic
 
$
1,626
   
5,202
  
$
0.31
 
Potentially dilutive common shares - employee stock purchase program
  
-
   
-
   
-
 
Diluted
 
$
1,626
   
5,202
  
$
0.31
 
             
Three Months Ended June 30, 2018
            
Net income, basic
 
$
992
   
5,177
  
$
0.19
 
Potentially dilutive common shares - employee stock purchase program
  
-
   
-
   
-
 
Diluted
 
$
992
   
5,177
  
$
0.19
 
             
Six Months Ended June 30, 2019
            
Net income, basic
 
$
3,653
   
5,195
  
$
0.70
 
Potentially dilutive common shares - employee stock purchase program
  
-
   
-
   
-
 
Diluted
 
$
3,653
   
5,195
  
$
0.70
 
             
Six Months Ended June 30, 2018
            
Net loss, basic
 
$
1,934
   
5,099
  
$
0.38
 
Potentially dilutive common shares - employee stock purchase program
  
-
   
-
   
-
 
Diluted
 
$
1,934
   
5,099
  
$
0.38