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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Schedule of compliance with regulatory capital requirements
The following table presents the Company’s regulatory capital ratios as of December 31, 2017 and December 31, 2016.
(Dollars in thousands)
 
Actual Ratio
 
Minimum regulatory requirement (1)
December 31, 2017
 
Amount
 
Ratio
 
Amount
 
Ratio
Tier 1 Leverage Ratio
 
$
153,676

 
9.71
%
 
$
63,338

 
4.00
%
Common Equity Tier 1 Ratio (CET 1)
 
$
149,186

 
12.90
%
 
$
52,081

 
5.75
%
Tier 1 Risk-Based Capital Ratio
 
$
153,676

 
13.28
%
 
$
69,441

 
7.25
%
Total Risk-Based Capital Ratio
 
$
162,780

 
14.07
%
 
$
92,588

 
9.25
%
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
 
Tier 1 Leverage Ratio
 
$
122,601

 
8.75
%
 
$
56,057

 
4.00
%
Common Equity Tier 1 Ratio (CET 1)
 
$
120,080

 
12.48
%
 
$
43,426

 
5.13
%
Tier 1 Risk-Based Capital Ratio
 
$
122,601

 
12.74
%
 
$
57,901

 
6.63
%
Total Risk-Based Capital Ratio
 
$
132,052

 
13.72
%
 
$
77,202

 
8.63
%
(1) The 2017 and 2016 minimum regulatory requirement threshold includes the capital conservation buffer of 1.250% and 0.625%, respectively. These ratios are not reflected on a fully phased-in basis, which will occur in January 2019.

The following table presents the Bank’s regulatory capital ratios as of December 31, 2017 and December 31, 2016.
(Dollars in thousands)
 
Actual Ratio
 
Minimum regulatory requirement (1)
December 31, 2017
 
Amount
 
Ratio
 
Amount
 
Ratio
Tier 1 Leverage Ratio
 
$
149,779

 
9.46
%
 
$
63,332

 
4.00
%
Common Equity Tier 1 Ratio (CET 1)
 
$
149,779

 
12.96
%
 
$
52,040

 
5.75
%
Tier 1 Risk-Based Capital Ratio
 
$
149,779

 
12.96
%
 
$
69,387

 
7.25
%
Total Risk-Based Capital Ratio
 
$
158,882

 
13.74
%
 
$
92,516

 
9.25
%
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
 
Tier 1 Leverage Ratio
 
$
121,079

 
8.64
%
 
$
56,064

 
4.00
%
Common Equity Tier 1 Ratio (CET 1)
 
$
121,079

 
12.59
%
 
$
43,383

 
5.13
%
Tier 1 Risk-Based Capital Ratio
 
$
121,079

 
12.59
%
 
$
57,845

 
6.63
%
Total Risk-Based Capital Ratio
 
$
130,530

 
13.57
%
 
$
77,126

 
8.63
%
(1) The 2017 and 2016 minimum regulatory requirement threshold includes the capital conservation buffer of 1.250% and 0.625%, respectively. These ratios are not reflected on a fully phased-in basis, which will occur in January 2019.
Schedule of computation of basic and diluted earnings per common share
A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations is as follows (in thousands, except share and per share amounts):
 
 
For the Years Ended December 31,
 
 
2017
 
2016
 
2015
Basic Earnings Per Common Share:
 
 

 
 

 
 

Net income
 
$
14,026

 
$
15,182

 
$
10,964

Weighted average shares outstanding
 
12,472,095

 
11,331,166

 
10,931,927

Net income per common share
 
$
1.12

 
$
1.34

 
$
1.00

Diluted Earnings Per Common Share:
 
 

 
 

 
 

Net income
 
$
14,026

 
$
15,182

 
$
10,964

Weighted average shares outstanding
 
12,472,095

 
11,331,166

 
10,931,927

Effect of dilutive stock options and warrants
 
250,255

 
104,283

 
83,836

Weighted average shares of common stock and common stock equivalents
 
12,722,350

 
11,435,449

 
11,015,763

Net income per diluted common share
 
$
1.10

 
$
1.33

 
$
1.00