Shareholders' Equity, and Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2016

Shareholders’ Equity and Earnings Per Common Share

Schedule of the components of accumulated other comprehensive income (loss), net of deferred taxes

	September 30,		December 31,
(Dollars in thousands)	2016		2015
Net unrealized gains on securities	$	4,260	$	3,491
Net unrecognized loss on cash flow hedges		(390)		(107)
Net unrecognized losses on defined benefit plan		(2,168)		(2,213)
Total accumulated other comprehensive income	$	1,702	$	1,171

Schedule of components earnings per common share calculations

	Three Months Ended September 30,
(Dollars in thousands)	2016		2015
Net income	$	3,144	$	3,477
Weighted average number of common shares used in earnings per common share—basic		3,456,901		3,392,480
Effect of dilutive securities:
Stock option awards		1,898		—
Weighted average number of common shares used in earnings per common share—assuming dilution		3,458,799		3,392,480

	Nine Months Ended September 30,
(Dollars in thousands)	2016		2015
Net income	$	10,311	$	10,223
Weighted average number of common shares used in earnings per common share—basic		3,452,426		3,400,296
Effect of dilutive securities:
Stock option awards		1,465		141
Weighted average number of common shares used in earnings per common share—assuming dilution		3,453,891		3,400,437