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Stockholders' Equity and Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2020
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) 
  
2020
    
2019
    
2020
    
2019
  
Consolidated Statement of Income
Available-for-sale securities
  
 
 
                  
   
Realized gains on sales of securities
  
$
184
    
$
-
    
$
184
    
$
26
  
 Gain on sale of available-for-sale securities, net
Tax effect
    
39
      
-
      
39
      
5
  
Income tax expense
   
$
145
    
$
-
    
$
145
    
$
21
  
 
Changes in Accumulated Other Comprehensive Income (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
  
             
Three Months Ended June 30, 2020
            
Balance at beginning of period
  
$
(524
)
  
$
(524
)
Net other comprehensive income
    
3,876
      
3,876
  
Balance at end of period
  
$
3,352
    
$
3,352
  
                 
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
  

(dollars in thousands)
  
Unrealized Gains
(Losses) on
Available-for-Sale
Securities
    
Accumulated Other
Comprehensive Income
  
             
Six Months Ended June 30, 2020
            
Balance at beginning of period
  
$
(79
)
  
$
(79
)
Net other comprehensive income
    
3,431
      
3,431
  
Balance at end of period
  
$
3,352
    
$
3,352
  
                 
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
  
Component of Accumulated Other Comprehensive Income (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, 2020
  
(dollars in thousands)
  
Pretax
    
Tax
    
Net-of-Tax
  
Unrealized gains on available-for-sale securities:
                  
Unrealized holding gains arising during the period
  
$
5,090
    
$
1,069
    
$
4,021
  
Reclassification adjustment for gains recognized in income
    
(184
)
    
(39
)
    
(145
)
                         
Total change in accumulated other comprehensive income, net
  
$
4,906
    
$
1,030
    
$
3,876
  

 
  
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
  

 
Six Months Ended June 30, 2020
  
(dollars in thousands)
  
Pretax
    
Tax
    
Net-of-Tax
  
Unrealized gains on available-for-sale securities:
                  
Unrealized holding gains arising during the period
  
$
4,527
    
$
951
    
$
3,576
  
Reclassification adjustment for gains recognized in income
    
(184
)
    
(39
)
    
(145
)
                         
Total change in accumulated other comprehensive income, net
  
$
4,343
    
$
912
    
$
3,431
  

 
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
  
Computation of Earnings Per Share
The following is a reconciliation of the denominators of the basic and diluted EPS computations for the three months and six months ended June 30, 2020 and 2019:

(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, 2020
                  
Net income, basic
  
$
2,494
      
5,220
    
$
0.48
  
Potentially dilutive common shares - employee stock purchase program
    
-
      
-
      
-
  
Diluted
  
$
2,494
      
5,220
    
$
0.48
  
                         
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
  
                         
Six Months Ended June 30, 2020
                        
Net income, basic
  
$
3,744
      
5,210
    
$
0.72
  
Potentially dilutive common shares - employee stock purchase program
    
-
      
1
      
-
  
Diluted
  
$
3,744
      
5,211
    
$
0.72
  
                         
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