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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2020
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 Gain (Loss)

on Securities

 

 

Defined Benefit

Plans

 

 

Accumulated Other

Comprehensive

(Loss) Income

 

Balance - June 30, 2020

 

$

9

 

 

$

(159

)

 

$

(150

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance - December 31, 2019

 

$

(128

)

 

$

471

 

 

$

343

 

Basic and Diluted Earnings Per Common Share The following data shows the amounts used in computing basic and diluted earnings per common share.

 

(Dollars in thousands, except per share data)

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2020

 

 

 

2019

 

 

2020

 

 

 

2019

 

Net income

$

6,833

 

 

$

4,403

 

 

 

$

10,651

 

 

$

8,480

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

8,446,377

 

 

 

8,462,522

 

 

 

 

8,463,676

 

 

 

8,461,269

 

Effect of dilutive unvested restricted stock grants

 

3,973

 

 

 

5,689

 

 

 

 

4,528

 

 

 

4,015

 

Weighted average common shares outstanding (diluted)

 

8,450,350

 

 

 

8,468,211

 

 

 

 

8,468,204

 

 

 

8,465,284

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

$

0.81

 

 

$

0.52

 

 

 

$

1.26

 

 

$

1.00

 

Diluted earnings per common share

$

0.81

 

 

$

0.52

 

 

 

$

1.26

 

 

$

1.00