v3.19.1
Nature of Business and Basis of Presentation (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a reconciliation of the numerators and denominators used in computing basic and diluted earnings per common share as adjusted for the Stock Split:
 
 
For the Years Ended December 31,
 
 
2018
 
2017
(dollars in thousands, except per share information)
 
Income
 
Weighted Average Shares
 
Per Share
Amount
 
Income
 
Weighted Average Shares
 
Per Share
Amount
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net income available to common stockholders
 
$
12,767

 
12,116,459

 
$
1.05

 
$
7,109

 
11,261,132

 
$
0.63

Effect of dilutive securities
 

 
345,679

 
 
 

 
166,868

 
 
Dilutive EPS per common share
 
$
12,767

 
12,462,138

 
$
1.02

 
$
7,109

 
11,428,000

 
$
0.62

Schedule of Accumulated Other Comprehensive Income (Loss)
Information concerning the Company's accumulated other comprehensive income (loss) as of December 31, 2018, and 2017 are as follows (in thousands):
 
 
For the Years Ended December 31,
(in thousands)
 
2018
 
2017
Unrealized losses on securities available for sale
 
$
(825
)
 
$
(348
)
Deferred tax benefit
 
227

 
97

Other comprehensive loss, net of tax
 
(598
)
 
(251
)
Unrealized gains on cash flow hedges
 
5

 
6

Deferred tax expense
 
(2
)
 
(2
)
Other comprehensive income, net of tax
 
3

 
4

Total accumulated comprehensive loss
 
$
(595
)
 
$
(247
)