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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Components of Accumulated Other Comprehensive Income (Loss), Net of Taxes

The components of accumulated other comprehensive income (loss), net of taxes, are as follows:

 

(Dollars in thousands)

 

Unrealized Loss

on Securities

 

 

Defined Benefit

Plans

 

 

Accumulated Other

Comprehensive

Income (Loss)

 

Balance - September 30, 2019

 

$

(110

)

 

$

241

 

 

$

131

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance - December 31, 2018

 

$

(3,242

)

 

$

864

 

 

$

(2,378

)

Basic and Diluted Earnings (Loss) Per Share The following data show the amounts used in computing earnings per common share.

 

(Dollars in thousands, except per share data)

Three Months Ended September 30,

 

 

Nine Months Ended

September 30,

 

 

2019

 

 

 

2018

 

 

2019

 

 

 

2018

 

Net income

$

4,813

 

 

$

2,164

 

 

 

$

13,293

 

 

$

5,947

 

Less: Dividends on Series D preferred stock

 

 

 

 

38

 

 

 

 

 

 

 

38

 

Net income available to common shareholders

$

4,813

 

 

$

2,126

 

 

 

$

13,293

 

 

$

5,909

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

8,473,080

 

 

 

7,695,469

 

 

 

 

8,465,249

 

 

 

6,604,027

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings per common share

$

0.57

 

 

$

0.28

 

 

 

$

1.57

 

 

$

0.89