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Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2018

Equity [Abstract]

Schedule of compliance with regulatory capital requirements

The following table presents the Company’s and the Bank’s actual capital ratios as of December 31, 2018 and December 31, 2017, as well as the minimum capital ratios for capital adequacy for the Bank.

(Dollars in thousands)		Actual Ratio							Minimum regulatory requirement (1)
December 31, 2018		Amount				Ratio			Amount				Ratio
Tier 1 Leverage Ratio		$	171,149			11.48	%		N/A				N/A
Common Equity Tier 1 Ratio (CET 1)		$	166,149			15.13	%		N/A				N/A
Tier 1 Risk-Based Capital Ratio		$	171,149			15.59	%		N/A				N/A
Total Risk-Based Capital Ratio		$	180,478			16.44	%		N/A				N/A
December 31, 2017
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	%
(1) The 2017 minimum regulatory requirement threshold includes the capital conservation buffer of 1.250%.

The following table presents the Bank’s regulatory capital ratios as of December 31, 2018 and December 31, 2017.

(Dollars in thousands)		Actual Ratio							Minimum regulatory requirement (1)
December 31, 2018		Amount				Ratio			Amount				Ratio
Tier 1 Leverage Ratio		$	168,770			11.32	%		$	59,639			4.00	%
Common Equity Tier 1 Ratio (CET 1)		$	168,770			15.38	%		$	49,388			6.38	%
Tier 1 Risk-Based Capital Ratio		$	168,770			15.38	%		$	65,850			7.88	%
Total Risk-Based Capital Ratio		$	178,099			16.23	%		$	87,800			9.88	%
December 31, 2017
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	%
(1) The 2018 and 2017 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,
		2018				2017				2016
Basic Earnings Per Common Share:
Net income		$	21,289			$	14,026			$	15,182
Weighted average shares outstanding		13,699,823				12,472,095				11,331,166
Net income per common share		$	1.55			$	1.12			$	1.34
Diluted Earnings Per Common Share:
Net income		$	21,289			$	14,026			$	15,182
Weighted average shares outstanding		13,699,823				12,472,095				11,331,166
Effect of dilutive stock options and warrants		129,171				250,255				104,283
Weighted average shares of common stock and common stock equivalents		13,828,994				12,722,350				11,435,449
Net income per diluted common share		$	1.54			$	1.10			$	1.33

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Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1G
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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
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