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SHAREHOLDERS' EQUITY AND EARNINGS PER COMMON SHARE | 12 Months Ended
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Dec. 31, 2020
Stockholders' Equity Note [Abstract] |
SHAREHOLDERS' EQUITY AND EARNINGS PER COMMON SHARE | NOTE 13. SHAREHOLDERS’ EQUITY AND EARNINGS PER COMMON SHARE The actual and required capital ratios at December 31, 2020 and December 31, 2019 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2020 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Regulatory Minimum to | ​
​ | ​ | Actual | ​ | be "Well-Capitalized" | ​
(in thousands, except ratios) |  | Amount |  | Ratio | ​ | Amount |  | Ratio | ​
Company (consolidated) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​
Total capital to risk-weighted assets | ​ | $ | 353,239 | ​ | 13.56 | % | ​ | $ | 273,479 | ​ | 10.50 | %
Common equity tier 1 capital to risk-weighted assets | ​ |  | 273,178 | ​ | 10.49 | ​ | ​ |  | 182,320 | ​ | 7.00 | ​
Tier 1 capital to risk-weighted assets | ​ |  | 273,178 | ​ | 11.28 | ​ | ​ |  | 205,850 | ​ | 8.50 | ​
Tier 1 capital to average assets | ​ |  | 273,178 | ​ | 8.12 | ​ | ​ |  | 168,147 | ​ | 5.00 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Bank | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total capital to risk-weighted assets | ​ | $ | 345,397 | ​ | 13.27 | % | ​ | $ | 273,298 | ​ | 10.50 | %
Common equity tier 1 capital to risk-weighted assets | ​ |  | 325,956 | ​ | 12.52 | ​ | ​ |  | 182,244 | ​ | 7.00 | ​
Tier 1 capital to risk-weighted assets | ​ |  | 325,956 | ​ | 12.52 | ​ | ​ |  | 221,296 | ​ | 8.50 | ​
Tier 1 capital to average assets | ​ |  | 325,956 | ​ | 9.02 | ​ | ​ |  | 180,685 | ​ | 5.00 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2019 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Regulatory Minimum to | ​
​ | ​ | Actual | ​ | be "Well-Capitalized" | ​
(in thousands, except ratios) |  | Amount |  | Ratio | ​ | Amount |  | Ratio | ​
Company (consolidated) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​
Total capital to risk-weighted assets | ​ | $ | 341,492 | ​ | 13.61 | % | ​ | $ | 263,377 | ​ | 10.50 | %
Common equity tier 1 capital to risk-weighted assets | ​ |  | 265,205 | ​ | 10.57 | ​ | ​ |  | 175,584 | ​ | 7.00 | ​
Tier 1 capital to risk-weighted assets | ​ |  | 285,825 | ​ | 11.39 | ​ | ​ |  | 213,211 | ​ | 8.50 | ​
Tier 1 capital to average assets | ​ |  | 285,825 | ​ | 8.13 | ​ | ​ |  | 175,890 | ​ | 5.00 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Bank | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total capital to risk-weighted assets | ​ | $ | 310,982 | ​ | 12.42 | % | ​ | $ | 262,999 | ​ | 10.50 | %
Common equity tier 1 capital to risk-weighted assets | ​ |  | 295,315 | ​ | 11.79 | ​ | ​ |  | 175,332 | ​ | 7.00 | ​
Tier 1 capital to risk-weighted assets | ​ |  | 295,315 | ​ | 11.79 | ​ | ​ |  | 212,904 | ​ | 8.50 | ​
Tier 1 capital to average assets | ​ |  | 295,315 | ​ | 8.39 | ​ | ​ |  | 175,996 | ​ | 5.00 | ​
​ At each date shown, the Company and the Bank met the conditions to be classified as “well-capitalized” under the relevant regulatory framework. To be categorized as “well-capitalized”, an institution must maintain minimum total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the table above. The Company and the Bank are subject to the Basel III rule that requires the Company and the Bank to assess their Common equity tier 1 capital to risk weighted assets and the Company and the Bank each exceed the minimum to be “well-capitalized.” Effective January 1, 2019, all banking organizations must maintain a minimum Common equity tier 1 risk-based capital ratio of 7.0%, a minimum Tier 1 risk-based capital ratio of 8.5% and a minimum Total risk- based capital ratio of 10.5%. Accumulated Other Comprehensive Income Components of accumulated other comprehensive income at December 31, 2020 and December 31, 2019 are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | 2020 |  | 2019
Accumulated other comprehensive income, before tax: |  | ​ |  |  | ​ |
Net unrealized gain on AFS securities | ​ | $ | 13,069 | ​ | $ | 7,250
Net unrealized gain (loss) on hedging derivatives | ​ |  | 3,144 | ​ |  | (628)
Net unrealized loss on post-retirement plans | ​ |  | (1,850) | ​ |  | (1,512)
​ | ​ | ​ | ​ | ​ | ​ | ​
Income taxes related to items of accumulated other comprehensive income: | ​ |  |  | ​ |  |
Net unrealized gain on AFS securities | ​ |  | (3,046) | ​ |  | (1,703)
Net unrealized (gain) loss on hedging derivatives | ​ |  | (733) | ​ |  | 149
Net unrealized loss on post-retirement plans | ​ |  | 432 | ​ |  | 355
Accumulated other comprehensive income | ​ | $ | 11,016 | ​ | $ | 3,911
​ The following table presents the components of other comprehensive income in 2020, 2019 and 2018: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2020
(in thousands) |  | Before Tax |  | Tax Effect |  | Net of Tax
Net unrealized gain on AFS securities: |  | ​ |  |  | ​ |  |  | ​ |
Net unrealized gain arising during the period | ​ | $ | 11,264 | ​ | $ | (2,636) | ​ | $ | 8,628
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | 5,445 | ​ |  | (1,291) | ​ |  | 4,154
Net unrealized gain on AFS securities | ​ |  | 5,819 | ​ |  | (1,345) | ​ |  | 4,474
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized gain on hedging derivatives: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized loss arising during the period | ​ |  | (1,080) | ​ |  | 37 | ​ |  | (1,043)
Less: reclassification adjustment for (losses) gains realized in net income | ​ |  | (4,852) | ​ |  | 917 | ​ |  | (3,935)
Net unrealized gain on hedging derivatives | ​ |  | 3,772 | ​ |  | (880) | ​ |  | 2,892
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on post-retirement plans: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized loss arising during the period | ​ |  | (338) | ​ |  | 77 | ​ |  | (261)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on post-retirement plans | ​ |  | (338) | ​ |  | 77 | ​ |  | (261)
Other comprehensive income | ​ | $ | 9,253 | ​ | $ | (2,148) | ​ | $ | 7,105
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2019
(in thousands) |  | Before Tax |  | Tax Effect |  | Net of Tax
Net unrealized gain on AFS securities: |  | ​ |  |  | ​ |  |  | ​ |
Net unrealized gain arising during the period | ​ | $ | 18,883 | ​ | $ | (4,489) | ​ | $ | 14,394
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | 237 | ​ |  | (55) | ​ |  | 182
Net unrealized gain on AFS securities | ​ |  | 18,646 | ​ |  | (4,434) | ​ |  | 14,212
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on derivative hedges: | ​ |  | ​ | ​ |  |  | ​ |  |
Net unrealized loss arising during the period | ​ |  | (938) | ​ |  | 289 | ​ |  | (649)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | (3,156) | ​ |  | 737 | ​ |  | (2,419)
Net unrealized gain on derivative hedges | ​ |  | 2,218 | ​ |  | (448) | ​ |  | 1,770
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on post-retirement plans: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized loss arising during the period | ​ |  | (352) | ​ |  | 83 | ​ |  | (269)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on post-retirement plans | ​ |  | (352) | ​ |  | 83 | ​ |  | (269)
Other comprehensive income | ​ | $ | 20,512 | ​ | $ | (4,799) | ​ | $ | 15,713
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2018
(in thousands) |  | Before Tax |  | Tax Effect |  | Net of Tax
Net unrealized loss on AFS securities: |  | ​ |  |  | ​ |  |  | ​ |
Net unrealized arising during the period | ​ | $ | (9,487) | ​ | $ | 2,194 | ​ | $ | (7,293)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | (924) | ​ |  | 216 | ​ |  | (708)
Net unrealized loss on AFS securities | ​ |  | (8,563) | ​ |  | 1,978 | ​ |  | (6,585)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized gain on derivative hedges: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized gain arising during the period | ​ |  | 654 | ​ |  | (168) | ​ |  | 486
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized gain on derivative hedges | ​ |  | 654 | ​ |  | (168) | ​ |  | 486
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on post-retirement plans: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized loss arising during the period | ​ |  | (245) | ​ |  | 54 | ​ |  | (191)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | (29) | ​ |  | 7 | ​ |  | (22)
Net unrealized loss on post-retirement plans | ​ |  | (216) | ​ |  | 47 | ​ |  | (169)
Other comprehensive loss | ​ | $ | (8,125) | ​ | $ | 1,857 | ​ | $ | (6,268)
​ The following table presents the changes in each component of accumulated other comprehensive income/(loss) in 2020, 2019 and 2018: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2020
​ |  | Net unrealized |  | Net loss on |  | Net unrealized |  | ​ | ​
​ | ​ | gain | ​ | effective cash | ​ | loss | ​ | ​ | ​
​ | ​ | on AFS | ​ | flow hedging | ​ | on pension | ​ | ​ | ​
(in thousands) | ​ | Securities | ​ | derivatives | ​ | plans | ​ | Total
Balance at beginning of period | ​ | $ | 5,547 | ​ | $ | (479) | ​ | $ | (1,157) | ​ | $ | 3,911
Other comprehensive gain (loss) before reclassifications | ​ |  | 8,628 | ​ |  | (1,043) | ​ |  | (261) | ​ |  | 7,324
Less: amounts reclassified from accumulated other comprehensive income | ​ |  | 4,154 | ​ |  | (3,935) | ​ |  | — | ​ |  | 219
Total other comprehensive income (loss) | ​ |  | 4,474 | ​ |  | 2,892 | ​ |  | (261) | ​ |  | 7,105
Balance at end of period | ​ | $ | 10,021 | ​ | $ | 2,413 | ​ | $ | (1,418) | ​ | $ | 11,016
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2019
​ |  | Net unrealized |  | Net loss on |  | Net unrealized |  | ​ | ​
​ | ​ | (loss) gain | ​ | effective cash | ​ | loss | ​ | ​ | ​
​ | ​ | on AFS | ​ | flow hedging | ​ | on pension | ​ | ​ | ​
(in thousands) | ​ | Securities | ​ | derivatives | ​ | plans | ​ | Total
Balance at beginning of period | ​ | $ | (8,665) | ​ | $ | (2,249) | ​ | $ | (888) | ​ | $ | (11,802)
Other comprehensive (loss) gain before reclassifications | ​ |  | 14,394 | ​ |  | (649) | ​ |  | (269) | ​ |  | 13,476
Less: amounts reclassified from accumulated other comprehensive income | ​ |  | 182 | ​ |  | (2,419) | ​ |  | — | ​ |  | (2,237)
Total other comprehensive income (loss) | ​ |  | 14,212 | ​ |  | 1,770 | ​ |  | (269) | ​ |  | 15,713
Less: amounts reclassified from accumulated other comprehensive income for ASU 2018-02 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
Balance at end of period | ​ | $ | 5,547 | ​ | $ | (479) | ​ | $ | (1,157) | ​ | $ | 3,911
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2018
​ |  | Net unrealized |  | Net loss on |  | Net unrealized |  | ​ | ​
​ | ​ | (loss) gain | ​ | effective cash | ​ | loss | ​ | ​ | ​
​ | ​ | on AFS | ​ | flow hedging | ​ | on pension | ​ | ​ | ​
(in thousands) | ​ | Securities | ​ | derivatives | ​ | plans | ​ | Total
Balance at beginning of period | ​ | $ | (1,713) | ​ | $ | (2,250) | ​ | $ | (591) | ​ | $ | (4,554)
Other comprehensive (loss) gain before reclassifications | ​ |  | (7,293) | ​ |  | 486 | ​ |  | (191) | ​ |  | (6,998)
Less: amounts reclassified from accumulated other comprehensive income | ​ |  | (708) | ​ |  | — | ​ |  | (22) | ​ |  | (730)
Total other comprehensive (loss) income | ​ |  | (6,585) | ​ |  | 486 | ​ |  | (169) | ​ |  | (6,268)
Less: amounts reclassified from accumulated other comprehensive income for ASU 2018-02 | ​ |  | (367) | ​ |  | (485) | ​ |  | (128) | ​ |  | (980)
Balance at end of period | ​ | $ | (8,665) | ​ | $ | (2,249) | ​ | $ | (888) | ​ | $ | (11,802)
​ ​ The following tables presents the amounts reclassified out of each component of accumulated other comprehensive income (loss) in 2020, 2019 and 2018: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Affected Line Item where
(in thousands) |  | 2020 |  | 2019 |  | 2018 |  | Net Income is Presented
Net realized gains on AFS securities: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Before tax | ​ | $ | 5,445 | ​ | $ | 237 | ​ | $ | (924) |  | Non-interest income
Tax effect | ​ |  | (1,291) | ​ |  | (55) | ​ |  | 216 |  | Tax expense
Total reclassifications for the period | ​ | $ | 4,154 | ​ | $ | 182 | ​ | $ | (708) |  | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Affected Line Item where
(in thousands) |  | 2020 |  | 2019 |  | 2018 |  | Net Income is Presented
Realized loss on effective derivative hedges: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Before tax | ​ | $ | 4,852 | ​ | $ | (3,156) | ​ | $ | — |  | Non-interest expense
Tax effect | ​ |  | (917) | ​ |  | 737 | ​ |  | — |  | Tax expense
Total reclassifications for the period | ​ | $ | 3,935 | ​ | $ | (2,419) | ​ | $ | — |  | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Affected Line Item where
(in thousands) |  | 2020 |  | 2019 |  | 2018 |  | Net Income is Presented
Realized loss on effective post retirement: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Before tax | ​ | $ | — | ​ | $ | — | ​ | $ | (29) |  | Non-interest expense
Tax effect | ​ |  | — | ​ |  | — | ​ |  | 7 |  | Tax expense
Total reclassifications for the period | ​ | $ | — | ​ | $ | — | ​ | $ | (22) |  | ​
​ Earnings per share have been computed based on the following (average diluted shares outstanding are calculated using the treasury stock method): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands, except per share and share data) |  | 2020 |  | 2019 |  | 2018
Net income | ​ | $ | 33,244 | ​ | $ | 22,620 | ​ | $ | 32,937
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Average number of basic common shares outstanding | ​ |  | 15,245,728 | ​ |  | 15,540,884 | ​ |  | 15,487,686
Plus: dilutive effect of stock options and awards outstanding | ​ |  | 25,819 | ​ |  | 46,109 | ​ |  | 76,778
Average number of diluted common shares outstanding | ​ |  | 15,271,547 | ​ |  | 15,586,993 | ​ |  | 15,564,464
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Anti-dilutive options excluded from earnings calculation | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 7,991
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share: | ​ |  |  | ​ |  |  | ​ |  |
Basic | ​ | $ | 2.18 | ​ | $ | 1.46 | ​ | $ | 2.13
Diluted | ​ | $ | 2.18 | ​ | $ | 1.45 | ​ | $ | 2.12
​

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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