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Stockholders' Equity and Earnings per Common Share (Tables)
12 Months Ended
Dec. 31, 2021
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:

(dollars in thousands)
 
Years Ended
December 31,
 
Affected Line Item on
2021
     2020
Consolidated Statement of Income
Available-for-sale securities
               
Realized gains on sales of securities
 
$
-
   
$
264
 
Gain on sale of available-for-sale securities, net
Tax effect
   
-
     
55
 
Income tax expense
   
$
-
   
$
209
   
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:

(dollars in thousands)
 
Unrealized Gains (Losses) on Available-for-Sale Securities
   
Accumulated Other Comprehensive Income
 
Year Ended December 31, 2021
           
Balance at beginning of period
 
$
4,069
   
$
4,069
 
Net other comprehensive loss
   
(2,394
)
   
(2,394
)
Balance at end of period
 
$
1,675
   
$
1,675
 
                 
Year Ended December 31, 2020
               
Balance at beginning of period
 
$
(79
)
 
$
(79
)
Net other comprehensive income
   
4,148
     
4,148
 
Balance at end of period
 
$
4,069
   
$
4,069
 
Component of Accumulated Other Comprehensive Income on Pre-Tax and After-Tax
The following table presents the change in each component of accumulated other comprehensive income, net of tax on a pre-tax and after-tax basis for the periods indicated.

   
Years Ended December 31, 2021
 
(dollars in thousands)
 
Pretax
   
Tax
   
Net-of-Tax
 
Unrealized losses on available-for-sale securities:
                 
Unrealized holding losses arising during the period
 
$
(3,030
)
 
$
(636
)
 
$
(2,394
)
                         
Total change in accumulated other comprehensive income, net
 
$
(3,030
)
 
$
(636
)
 
$
(2,394
)

   
Years Ended December 31, 2020
 
(dollars in thousands)
 
Pretax
   
Tax
   
Net-of-Tax
 
Unrealized gains on available-for-sale securities:
                       
Unrealized holding gains arising during the period
 
$
5,514
   
$
1,157
   
$
4,357
 
Reclassification adjustment for gains recognized in income
   
(264
)
   
(55
)
   
(209
)
 
                       
Total change in accumulated other comprehensive income, net
 
$
5,250
   
$
1,102
   
$
4,148
 
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, 2021 and 2020:

(dollars in thousands except per share data)
 
Net Income Available to Common Shareholders (Numerator)
   
Weighted Average Common Shares (Denominator)
   
Per Share Amount
 
Year Ended December 31, 2021
                 
Net income, basic
 
$
8,440
     
5,238
   
$
1.61
 
Potentially dilutive common shares - employee stock purchase program
   
-
     
-
     
-
 
Diluted
 
$
8,440
     
5,238
   
$
1.61
 
                         
Year Ended December 31, 2020
                       
Net income, basic
 
$
5,389
     
5,216
   
$
1.03
 
Potentially dilutive common shares - employee stock purchase program
   
-
     
-
     
-
 
Diluted
 
$
5,389
     
5,216
   
$
1.03