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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
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 - March 31, 2021

 

$

(2

)

 

$

503

 

 

$

501

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance - December 31, 2020

 

$

(3

)

 

$

(54

)

 

$

(57

)

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 March 31,

 

 

2021

 

 

 

2020

 

Net income

$

9,312

 

 

$

3,818

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

8,415,586

 

 

 

8,480,975

 

Effect of dilutive unvested restricted stock grants

 

14,599

 

 

 

4,856

 

Weighted average common shares outstanding (diluted)

 

8,430,185

 

 

 

8,485,831

 

 

 

 

 

 

 

 

 

Basic earnings per common share

$

1.11

 

 

$

0.45

 

Diluted earnings per common share

$

1.10

 

 

$

0.45