Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 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 Loss on Securities			Defined Benefit Plan			Accumulated Other Comprehensive (Loss) Income
Balance - December 31, 2020	$	(3	)	$	(54	)	$	(57	)
Balance - December 31, 2019	$	(128	)	$	471		$	343

Basic and Diluted Earnings Per Common Share

The following data show the amounts used in computing basic and diluted earnings per common share.

(Dollars in thousands, except per share data)
	2020		2019		2018
Net income	$	26,209	$	17,701	$	10,596
Less: Dividends on Series D preferred stock		—		—		102
Net income available to common shareholders	$	26,209	$	17,701	$	10,494
Weighted average shares outstanding (basic)		8,439,427		8,468,586		7,071,091
Effect of dilutive unvested restricted stock grants		3,665		23,487		20,706
Weighted average shares outstanding (diluted)		8,443,092		8,492,073		7,091,797
Basic earnings per common share	$	3.11	$	2.09	$	1.48
Diluted earnings per common share	$	3.10	$	2.09	$	1.48