1ST Constitution Bancorp (FCCY) 10-Q 10 Aug 20 2020 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2020	Aug. 03, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	000-32891
Entity Incorporation, State or Country Code	NJ
Entity Tax Identification Number	22-3665653
Entity Address, Address Line One	2650 Route 130
Entity Address, Address Line Two	P.O. Box 634
Entity Address, City or Town	Cranbury
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	08512
City Area Code	(609)
Local Phone Number	655-4500
Title of 12(b) Security	Common stock, no par value
Trading Symbol	FCCY
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common stock, Shares Outstanding		10,215,550
Entity Registrant Name	1ST CONSTITUTION BANCORP
Current Fiscal year End Date	--12-31
Amendment Flag	false
Entity CIK	0001141807
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 10,101	$ 2,547
Interest-earning deposits	2,481	12,295
Total cash and cash equivalents	12,582	14,842
Investment securities
Available for sale, at fair value	151,661	155,782
Held to maturity (fair value of $97,567 and $78,223 at June 30, 2020 and December 31, 2019, respectively)	94,440	76,620
Total investment securities	246,101	232,402
Loans held for sale	11,129	5,927
Loans	1,355,436	1,216,028
Less: allowance for loan losses	(12,126)	(9,271)
Net loans	1,343,310	1,206,757
Premises and equipment, net	14,691	15,262
Right-of-use assets	17,282	17,957
Accrued interest receivable	5,740	4,945
Bank-owned life insurance	36,943	36,678
Other real estate owned	470	571
Goodwill and intangible assets	36,563	36,779
Other assets	16,139	14,142
Total assets	1,740,950	1,586,262
Deposits
Non-interest bearing	397,238	287,555
Interest bearing	1,012,154	989,807
Total deposits	1,409,392	1,277,362
Short-term borrowings	107,250	92,050
Redeemable subordinated debentures	18,557	18,557
Accrued interest payable	1,296	1,592
Lease liability	18,036	18,617
Accrued expenses and other liabilities	8,935	7,506
Total liabilities	1,563,466	1,415,684
SHAREHOLDERS' EQUITY
Preferred stock, no par value; 5,000,000 shares authorized; none issued	0	0
Common stock, no par value; 30,000,000 shares authorized; 10,258,374 and 10,224,974 shares issued and 10,219,048 and 10,191,676 shares outstanding as of June 30, 2020 and December 31, 2019, respectively	110,546	109,964
Retained earnings	66,067	60,791
Treasury stock, 39,326 and 33,298 shares at June 30, 2020 and December 31, 2019, respectively	(503)	(368)
Accumulated other comprehensive income	1,374	191
Total shareholders' equity	177,484	170,578
Total liabilities and shareholders' equity	$ 1,740,950	$ 1,586,262

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Held to maturity, fair value (in Dollars)	$ 97,567	$ 78,223
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in Shares)	0	0
Common stock, shares authorized (in Shares)	30,000,000	30,000,000
Common stock, shares issued (in Shares)	10,258,374	10,224,974
Common Stock, shares outstanding (in Shares)	10,219,048	10,191,676
Treasury stock (in Shares)	39,326	33,298

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
INTEREST INCOME
Loans, including fees	$ 15,374	$ 12,869	$ 30,179	$ 25,026
Securities:
Taxable	852	1,215	1,908	2,485
Tax-exempt	496	422	934	863
Federal funds sold and short-term investments	4	47	93	94
Total interest income	16,726	14,553	33,114	28,468
INTEREST EXPENSE
Deposits	2,724	2,671	5,962	4,988
Borrowings	48	257	110	430
Redeemable subordinated debentures	106	192	258	390
Total interest expense	2,878	3,120	6,330	5,808
Net interest income	13,848	11,433	26,784	22,660
PROVISION FOR LOAN LOSSES	2,125	400	3,020	700
Net interest income after provision for loan losses	11,723	11,033	23,764	21,960
NON-INTEREST INCOME
Service charges on deposit accounts	132	159	345	325
Gain on sales of loans	2,121	1,160	3,591	2,205
Income on bank-owned life insurance	264	149	444	288
Gain on sales and calls of securities	10	0	18	0
Other income	573	702	1,158	1,218
Total non-interest income	3,100	2,170	5,556	4,036
NON-INTEREST EXPENSES
Salaries and employee benefits	6,001	5,278	12,170	10,241
Occupancy expense	1,205	991	2,375	2,012
Data processing expenses	470	345	916	693
FDIC insurance expense	225	60	259	160
Other real estate owned expenses	14	34	31	82
Merger-related expenses	0	258	64	273
Other operating expenses	1,922	1,600	3,815	3,199
Total non-interest expenses	9,837	8,566	19,630	16,660
Income before income taxes	4,986	4,637	9,690	9,336
INCOME TAXES	1,296	1,267	2,579	2,569
Net income	$ 3,690	$ 3,370	$ 7,111	$ 6,767
EARNINGS PER COMMON SHARE
Basic (in Dollars per share)	$ 0.36	$ 0.39	$ 0.70	$ 0.78
Diluted (in Dollars per share)	$ 0.36	$ 0.39	$ 0.69	$ 0.78
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic (in Shares)	10,209,295	8,634,251	10,205,065	8,629,197
Diluted (in Shares)	10,248,156	8,696,943	10,256,481	8,692,063

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income		$ 3,690	$ 3,370	$ 7,111	$ 6,767
Unrealized holding gains on securities available for sale
Unrealized holding gains on securities available for sale		1,716	1,021	1,529	2,431
Tax effect		(418)	(251)	(372)	(590)
Net of tax amount		1,298	770	1,157	1,841
Reclassification adjustment for gains on securities available for sale
Reclassification adjustment for gains on securities available for sale	[1]	(10)	0	(11)	0
Tax effect	[2]	3	0	3	0
Net of tax amount		(7)	0	(8)	0
Reclassification adjustment for unrealized impairment loss on held to maturity security
Reclassification adjustment for unrealized impairment loss on held to maturity security	[3]	5	3	8	4
Tax effect		(2)	(1)	(3)	(1)
Net of tax amount		3	2	5	3
Pension liability
Pension liability		85	56	141	111
Tax effect		(25)	(14)	(42)	(31)
Net of tax amount		60	42	99	80
Reclassification adjustment for actuarial gains for unfunded pension liability
Reclassification adjustment for actuarial gains for unfunded pension liability	[4]	(56)	(44)	(100)	(88)
Tax effect	[2]	17	13	30	26
Net of tax amount		(39)	(31)	(70)	(62)
Total other comprehensive income		1,315	783	1,183	1,862
Comprehensive income		$ 5,005	$ 4,153	$ 8,294	$ 8,629
[1]	Included in gain on sales of securities on the consolidated statements of income
[2]	Included in income taxes on the consolidated statements of income
[3]	Included in investment securities held to maturity on the consolidated balance sheets
[4]	Included in salaries and employee benefits expense on the consolidated statements of income

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2018		$ 79,536	$ 49,750	$ (368)	$ (1,833)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 6,767		6,767
Exercise of stock options and issuance of restricted shares		89
Share-based compensation		565
Cash dividends			(1,293)
Other comprehensive income	1,862				1,862
Ending balance at Jun. 30, 2019					29
Beginning balance at Mar. 31, 2019		79,828	52,501	(368)	(754)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,370		3,370
Exercise of stock options and issuance of restricted shares		66
Share-based compensation		296
Cash dividends			(647)
Other comprehensive income	783				783
Ending balance at Jun. 30, 2019					29
Beginning balance at Dec. 31, 2019	170,578	109,964	60,791	(368)	191
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,111		7,111
Share-based compensation		582
Cash dividends			(1,835)
Treasury stock purchased (6,028 shares)				(135)
Other comprehensive income	1,183				1,183
Ending balance at Jun. 30, 2020	177,484				1,374
Beginning balance at Mar. 31, 2020		110,254	63,295	$ (503)	59
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,690		3,690
Share-based compensation		$ 292
Cash dividends			$ (918)
Other comprehensive income	1,315				1,315
Ending balance at Jun. 30, 2020	$ 177,484				$ 1,374

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parentheticals) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Stockholders' Equity [Abstract]
Stock issued for stock options exercised (in Shares)		10,555		15,919
Restricted shares issued (in Shares)		14,181		28,581
Treasury stock purchased (in shares)			6,028
Cash dividends declared per share (in dollars per share)	$ 0.09	$ 0.075	$ 0.18	$ 0.150

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
OPERATING ACTIVITIES:
Net income	$ 7,111	$ 6,767
Adjustments to reconcile net income to net cash (used in) provided by operating activities-
Provision for loan losses	3,020	700
Depreciation and amortization	1,061	681
Net amortization of premiums and discounts on securities	655	248
SBA loan discount accretion	(206)	(188)
Gains on sales and calls of securities available for sale	(11)	0
Gains on sales and calls of securities held to maturity	(7)	0
Gains on sales of other real estate owned	0	(137)
Gains on sales of loans held for sale	(3,591)	(2,205)
Originations of loans held for sale	(118,467)	(56,668)
Proceeds from sales of loans held for sale	116,856	58,030
Increase in cash surrender value on bank–owned life insurance	(369)	(288)
Gain on cash surrender value on bank-owned life insurance	(75)	0
Share-based compensation expense	582	565
Decrease in deferred tax asset	384	1,033
Noncash rent and equipment expense	94	112
Increase in accrued interest receivable	(795)	(235)
Increase in other assets	(1,226)	(1,215)
(Decrease) increase in accrued interest payable	(296)	469
Increase (decrease) in accrued expenses and other liabilities	1,470	(1,765)
Net cash provided by operating activities	6,190	5,904
Purchases of securities:
Available for sale	(18,417)	(25,339)
Held to maturity	(31,364)	(5,942)
Proceeds from calls, maturities and payments of securities:
Available for sale	23,624	13,660
Held to maturity	13,347	7,590
Proceeds from bank-owned life insurance benefits paid	179
Net purchase of restricted stock	(1,706)	(1,524)
Net increase in loans	(139,367)	(84,929)
Capital expenditures	(107)	(375)
Proceeds from sales of other real estate owned	101	1,192
Net cash used in investing activities	(153,710)	(95,667)
FINANCING ACTIVITIES:
Exercise of stock options	0	89
Purchase of treasury shares	(135)	0
Cash dividends paid to shareholders	(1,835)	(1,293)
Net increase in deposits	132,030	71,162
Increase in short-term borrowings	15,200	33,075
Net cash provided by financing activities	145,260	103,033
(Decrease) increase in cash and cash equivalents	(2,260)	13,270
Cash and cash equivalents at beginning of period	14,842	16,844
Cash and cash equivalents at end of period	12,582	30,114
Cash paid during the period for -
Interest	6,626	5,339
Income taxes	1,241	3,724
Non-cash investing and financing activities:
Right-of-use assets	0	15,441
Lease liability	$ 144	$ 16,021

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies The accompanying unaudited consolidated financial statements include 1 ST Constitution Bancorp (the “Company”), its wholly-owned subsidiary, 1 ST Constitution Bank (the “Bank”), and the Bank’s wholly-owned subsidiaries, 1 ST Constitution Investment Company of New Jersey, Inc. and FCB Assets Holdings, Inc. 1 ST Constitution Capital Trust II, a subsidiary of the Company, is not included in the Company’s consolidated financial statements, as it is a variable interest entity and the Company is not the primary beneficiary. All significant intercompany accounts and transactions have been eliminated in consolidation. The accounting and reporting policies of the Company and its subsidiaries conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and to the rules and regulations of the Securities and Exchange Commission (the “SEC”), including the instructions to Form 10-Q and Article 10 of Regulation S-X. Certain information and footnote disclosures normally included in financial statements have been condensed or omitted pursuant to such rules and regulations. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 , filed with the SEC on March 16, 2020. Goodwill During the second quarter of 2020, management determined that a triggering event had occurred with respect to goodwill, which required a review of goodwill for impairment. Management completed its review of goodwill and concluded that it was more likely than not that the fair value of goodwill exceeded the carrying amount of goodwill at June 30, 2020 . Accordingly, goodwill was not impaired at June 30, 2020 . In the opinion of the Company, all adjustments (consisting only of normal recurring accruals) that are necessary for a fair presentation of the operating results for the interim periods have been included. The results of operations for periods of less than a year are not necessarily indicative of results for the full year. The Company has evaluated events and transactions occurring subsequent to the balance sheet date of June 30, 2020 for items that should potentially be recognized or disclosed in these consolidated financial statements. The evaluation was conducted through the date these consolidated financial statements were issued. COVID-19 Impact The sudden emergence of the COVID-19 global pandemic in the first quarter of 2020, and the responses thereto (including business and school closures, restrictions on travel and social distancing protocols), has caused, and is continuing to cause, widespread uncertainty, social and economic disruption, highly volatile financial markets and unprecedented increases in unemployment levels in a short period of time. As a result, almost all businesses located in the Bank’s primary market areas of northern and central New Jersey, communities along the New Jersey shore, and the New York City metropolitan area, and their employees, have been adversely impacted. The ultimate impact of the COVID-19 pandemic on the businesses and the people in the communities that the Bank serves, and on the Company’s operations and financial performance, will depend on future developments related to the duration, extent and severity of the pandemic and measures taken by governmental and private parties in response thereto. However, to the extent that the Bank’s customers are not able to fulfill their contractual obligations, the Company’s business operations, asset valuations, financial condition, cash flows and results of operations could be materially adversely impacted. Material adverse impacts may also include all or a combination of valuation impairments on our intangible assets, investments, loans, deferred tax assets, or other real estate owned ("OREO"). Similarly, the Company’s operations rely on third-party vendors to process, record and monitor transactions. If any of these vendors are unable to provide these services, our ability to serve customers could be disrupted. The pandemic could also negatively impact customers’ ability to conduct banking and other financial transactions. The Company’s operations could also be adversely impacted if key personnel or a significant number of employees were unable to work due to illness or restrictions. On March 27, 2020, the President of the United States signed into law the Coronavirus Aid, Relief and Economic Security (“CARES”) Act in response to the coronavirus pandemic. This legislation aims at providing relief for individuals and businesses that have been negatively impacted by the coronavirus pandemic. 2020 or ii) 60 days after the President declares a termination of the COVID-19 national emergency are eligible for this relief if the related loans were not more than 30 days past due as of December 31, 2019. The Bank adopted this provision as of March 31, 2020. Adoption of New Accounting Standards ASU 2018-15 - Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40) In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-15, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement,” to help entities evaluate the accounting for fees paid by a customer in a cloud computing arrangement (hosting arrangement) by providing guidance for determining when the arrangement includes a software license. The amendments in this Update align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendments in this Update. The amendments in this ASU also require the entity (customer) to expense the capitalized implementation costs of a hosting arrangement that is a service contract over the term of the hosting arrangement. The term of the hosting arrangement includes the non-cancellable period of the arrangement plus periods covered by (1) an option to extend the arrangement if the customer is reasonably certain to exercise that option, (2) an option to terminate the arrangement if the customer is reasonably certain not to exercise the termination option, and (3) an option to extend (or not to terminate) the arrangement in which exercise of the option is in the control of the vendor. The entity also is required to apply the existing impairment guidance in Subtopic 350-40 to the capitalized implementation costs as if the costs were long-lived assets. The amendments in this ASU also require the entity to present the expense related to the capitalized implementation costs in the same line item in the consolidated statements of income as the fees associated with the hosting element (service) of the arrangement and classify payments for capitalized implementation costs in the consolidated statements of cash flows in the same manner as payments made for fees associated with the hosting element. The entity is also required to present the capitalized implementation costs in the consolidated balance sheets in the same line item that a prepayment for the fees of the associated hosting arrangement would be presented. The adoption of this guidance in 2020 did not have a material impact on the Company's consolidated financial statements. ASU 2018-14 - Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20) In August 2018, the FASB issued ASU 2018-14 - “Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20),” which consists of amendments to the disclosure framework project to improve the effectiveness of disclosures in the notes to the financial statements. The amendments in this Update modify the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. The following disclosure requirements are removed from Subtopic 715-20: 1. The amounts in accumulated other comprehensive income expected to be recognized as components of net periodic benefit cost over the next fiscal year; 2. The amount and timing of plan assets expected to be returned to the employer; 3. The disclosures related to the June 2001 amendments to the Japanese Welfare Pension Insurance Law; 4. Related party disclosures about the amount of future annual benefits covered by insurance and annuity contracts and significant transactions between the employer or related parties and the plan; 5. For nonpublic entities, the reconciliation of the opening balances to the closing balances of plan assets measured on a recurring basis in Level 3 of the fair value hierarchy. However, nonpublic entities will be required to disclose separately the amounts of transfers into and out of Level 3 of the fair value hierarchy and purchases of Level 3 plan assets; and 6. For public entities, the effects of a one-percentage point change in assumed health care cost trend rates on the (a) aggregate of the service and interest cost components of net periodic benefit costs and (b) benefit obligation for postretirement health care benefits. The following disclosure requirements are added to Subtopic 715-20: 1. The weighted-average interest crediting rates for cash balance plans and other plans with promised interest crediting rates; and 2. An explanation of the reasons for significant gains and losses related to changes in the benefit obligation for the period. The amendments in this ASU also clarify the disclosure requirements in paragraph 715-20-50-3, which state that the following information for defined benefit pension plans should be disclosed: 1. The projected benefit obligation (“PBO”) and fair value of plan assets for plans with PBOs in excess of plan assets; and 2. The accumulated benefit obligation (“ABO”) and fair value of plan assets for plans with ABOs in excess of plan assets. The amendments in this ASU remove disclosures that no longer are considered cost beneficial, clarify the specific requirements of disclosures and add disclosure requirements identified as relevant. Although narrow in scope, the amendments are considered an important part of the FASB’s efforts to improve the effectiveness of disclosures in the notes to financial statements by applying concepts in the Concepts Statement. For the Company, the provisions of this ASU are effective for fiscal years ending after December 15, 2020. The adoption of this guidance in 2020 did not have a material impact on the Company's consolidated financial statements.

Acquisition of Shore Community

Acquisition of Shore Community Bank	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Acquisition of Shore Community Bank	Acquisition of Shore Community Bank On November 8, 2019, the Company completed its acquisition of 100 percent of the shares of common stock of Shore Community Bank ("Shore"), which merged with and into the Bank (the “Shore Merger”). The former shareholders of Shore received total consideration of $54.3 million , which was comprised of 1,509,275 shares of common stock of the Company with a market value of $29.2 million and cash of $25.1 million , of which $925,000 was cash paid in exchange for unexercised outstanding stock options. The Shore Merger was accounted for under the acquisition method of accounting, and accordingly, assets acquired, liabilities assumed and consideration exchanged were recorded at preliminary estimated fair values as of the Shore Merger date. The excess of the fair value of the consideration paid over the preliminary net fair value of Shore's assets and liabilities resulted in the recognition of goodwill of $23.2 million . Shore’s results of operations have been included in the Company’s Consolidated Financial Statements since November 8, 2019. The assets acquired and liabilities assumed in the merger were recorded at their estimated fair values based on management’s best estimates, using information available at the date of the merger, including the use of third party valuation specialists. The fair values are preliminary estimates and subject to adjustment for up to one year after the closing date of the Shore Merger. The following table summarizes the fair value of the acquired assets and liabilities assumed: (Dollars in thousands) Amount Consideration paid: Company stock issued $ 29,175 Cash payment 24,233 Cash payment for unexercised outstanding stock options 925 Total consideration paid $ 54,333 Recognized amounts of identifiable assets acquired and liabilities assumed at fair value: Cash and cash equivalents $ 32,599 Investment securities available for sale 26,440 Loans 205,833 Premises and equipment, net 4,433 Core deposit intangible asset 1,467 Bank-owned life insurance 7,250 Right-of-use assets 3,226 Accrued interest receivable 778 Other real estate owned 605 Other assets 2,518 Deposits (249,836 ) Lease liability (3,226 ) Other liabilities (948 ) Total identifiable assets and liabilities, net $ 31,139 Goodwill recorded from Shore merger $ 23,194 Accounting Standards Codification (“ASC”) Topic 805-10 provides that if the initial accounting for a business combination is incomplete by the end of the reporting period in which the combination occurs, the acquirer shall report, in its financial statements, provisional amounts for the items for which the accounting is incomplete. During the measurement period, the acquirer shall adjust the provisional amounts recognized at the acquisition date and may recognize additional assets or liabilities to reflect new information obtained from facts and circumstances that existed as of the acquisition date. Thus, the acquirer shall adjust its financial statements as needed, including recognizing in its current-period earnings the full effect of a change in depreciation, amortization, or other income effects, if any, as a result of the change to provisional amounts calculated as if the accounting had been completed at the acquisition date. The measurement period may not exceed one year from the acquisition date. Investments were recorded at fair value, utilizing quoted market prices on nationally recognized exchanges (Level 1) or by using Level 2 inputs. For Level 2 securities, the Company obtained fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayments speeds, credit information and the security’s terms and conditions, among other things. Loans acquired in the Shore Merger were recorded at fair value and subsequently accounted for in accordance with ASC Topic 310. The fair values of loans acquired were estimated, utilizing cash flow projections based on the remaining maturity and repricing terms. Cash flows were adjusted for estimated future credit losses of approximately $3.6 million and estimated prepayments. Projected cash flows were then discounted to present value, utilizing a risk-adjusted market rate for similar loans that management determined market participants would likely use. At the Shore Merger date, the Company recorded $201.3 million of loans without evidence of credit quality deterioration and $4.6 million of loans with evidence of credit quality deterioration. The following table summarizes the composition of the loans acquired and recorded at fair value: At November 8, 2019 (Dollars in thousands) Loans acquired with no credit quality deterioration Loans acquired with credit quality deterioration Total Commercial Construction $ 9,733 $ — $ 9,733 Commercial real estate 135,482 4,071 139,553 Commercial business 12,027 — 12,027 Residential real estate 36,849 500 37,349 Consumer 7,171 — 7,171 Total loans $ 201,262 $ 4,571 $ 205,833 The following is a summary of the loans acquired with evidence of deteriorated credit quality in the Shore Merger as of the date of the closing of the merger: (Dollars in thousands) Acquired Credit Impaired Loans Contractually required principal and interest at acquisition $ 7,584 Contractual cash flows not expected to be collected (non-accretable difference) 2,355 Expected cash flows at acquisition 5,229 Interest component of expected cash flows (accretable difference) 658 Fair value of acquired loans $ 4,571 Bank-owned life insurance was recorded at the cash surrender value of the insurance policies, which approximates the redemption value of the policies. The Company recorded a core deposit intangible asset related to a value ascribed to demand, interest checking, money market and savings account, referred to as core deposits, acquired as part of the acquisition. The value assigned to the acquired core deposits represents the future economic benefit of the potential cost savings from acquiring the core deposits, net of operating expenses and including ancillary fee income, compared to the cost of obtaining alternative funds from available market sources. Management used estimates including the expected attrition rates of depository accounts, future interest rate levels, and the cost of servicing various depository products. The core deposit intangible asset totaled $1.5 million and is being amortized over its estimated useful life of approximately 10 years , using an accelerated method. The following table presents the projected amortization of the core deposit intangible asset for each period beginning July 1, 2020: (Dollars in thousands) Amount Year 2020 $ 129 2021 236 2022 209 2023 182 2024 156 Thereafter 378 Total $ 1,290 The fair values of deposit liabilities with no stated maturities, such as checking, money market and savings accounts, were assumed to equal the carrying value amounts since these deposits are payable on demand. The fair values of certificates of deposit represent the present value of contractual cash flows discounted at market rates for similar certificates of deposit. Direct costs related to the Shore Merger were expensed as incurred. For the year ended December 31, 2019, the Company incurred $1.7 million of expenses for termination of contracts, legal and financial advisory fees, severance and other integration related expenses, which have been separately stated as merger-related expenses in the Company’s Consolidated Statements of Income. Supplemental Financial Information The following table presents financial information regarding the former Shore operations included in the Company’s Consolidated Statements of Income for the six months ended June 30, 2020 under the column "Shore Six Months Ended June 30, 2020 ." In addition, the table presents unaudited condensed pro forma financial information for the three and six months ended June 30, 2019 assuming that the Shore Merger had been completed as of January 1, 2019. The table has been prepared for comparative purposes only and is not necessarily indicative of the actual results that would have been attained had the Shore Merger occurred as of the beginning of the periods presented, nor is it indicative of future results. Furthermore, the unaudited pro forma financial information does not reflect management’s estimate of any revenue-enhancing opportunities nor anticipated cost savings that may have occurred as a result of the integration and consolidation of Shore’s operations. (Dollars in thousands) Shore Six Months Ended June 30, 2020 Actual for the Six Months Ended June 30, 2020 Pro Forma for the Three Months Ended June 30, 2019 Pro Forma for the Six Months Ended June 30, 2019 Net interest income $ 4,678 $ 26,784 $ 14,010 $ 27,776 Non-interest income 199 5,556 2,331 4,375 Non-interest expenses 1,928 19,630 10,385 20,009 Income taxes 725 2,579 1,615 3,247 Net income 1,849 7,111 3,942 8,166

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Earnings Per Common Share	Earnings Per Common Share Basic earnings per common share is calculated by dividing net income by the weighted average number of common shares outstanding during each period. Diluted earnings per common share is calculated by dividing net income by the weighted average number of common shares outstanding, as adjusted for the assumed exercise of dilutive common stock options using the treasury stock method. Awards of restricted shares are included in outstanding shares when granted. Unvested restricted shares are entitled to non-forfeitable dividends and participate in undistributed earnings with common shares. Awards of this nature are considered participating securities and basic and diluted earnings per share are computed under the two-class method. Dilutive securities in the tables below exclude common stock options with exercise prices that exceed the average market price of the Company’s common stock during the periods presented. Inclusion of these common stock options would be anti-dilutive to the diluted earnings per common share calculation. For the three months ended June 30, 2020 and 2019 , 54,930 and 29,530 options, respectively, were anti-dilutive and were not included in the computation of diluted earnings per share. For the six months ended June 30, 2020 and 2019 , 41,430 and 29,530 options, respectively, were anti-dilutive and were not included in the computation of diluted earnings per share. The following table illustrates the calculation of both basic and diluted earnings per share for the three and six months ended June 30, 2020 and 2019 : Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands, except per share data) 2020 2019 2020 2019 Net income $ 3,690 $ 3,370 $ 7,111 $ 6,767 Basic weighted average shares outstanding 10,209,295 8,634,251 10,205,065 8,629,197 Plus: common stock equivalents 38,861 62,692 51,416 62,866 Diluted weighted average shares outstanding 10,248,156 8,696,943 10,256,481 8,692,063 Earnings per share: Basic $ 0.36 $ 0.39 0.70 0.78 Diluted $ 0.36 $ 0.39 0.69 0.78

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities A summary of amortized cost and fair value of investment securities available for sale follows: June 30, 2020 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) $ 3,769 $ — $ (16 ) $ 3,753 Residential collateralized mortgage obligations - GSE 41,888 641 (158 ) 42,371 Residential mortgage backed securities - GSE 17,498 678 (8 ) 18,168 Obligations of state and political subdivisions 30,591 1,032 — 31,623 Trust preferred debt securities - single issuer 1,493 — (166 ) 1,327 Corporate debt securities 29,047 542 (260 ) 29,329 Other debt securities 25,443 171 (524 ) 25,090 Total $ 149,729 $ 3,064 $ (1,132 ) $ 151,661 December 31, 2019 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) $ 774 $ — $ (10 ) $ 764 Residential collateralized mortgage obligations - GSE 53,223 194 (242 ) 53,175 Residential mortgage backed securities - GSE 18,100 292 (5 ) 18,387 Obligations of state and political subdivisions 33,177 342 — 33,519 Trust preferred debt securities - single issuer 1,492 — (50 ) 1,442 Corporate debt securities 23,224 139 (84 ) 23,279 Other debt securities 25,378 80 (242 ) 25,216 Total $ 155,368 $ 1,047 $ (633 ) $ 155,782 A summary of amortized cost, carrying value and fair value of investment securities held to maturity follows: June 30, 2020 (Dollars in thousands) Amortized Cost Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss Carrying Value Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential collateralized mortgage obligations - GSE $ 7,406 $ — $ 7,406 $ 361 $ — $ 7,767 Residential mortgage backed securities - GSE 31,921 — 31,921 1,406 — 33,327 Obligations of state and political subdivisions 52,840 — 52,840 969 (12 ) 53,797 Trust preferred debt securities - pooled 655 (484 ) 171 334 — 505 Other debt securities 2,102 — 2,102 69 — 2,171 Total $ 94,924 $ (484 ) $ 94,440 $ 3,139 $ (12 ) $ 97,567 December 31, 2019 (Dollars in thousands) Amortized Cost Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss Carrying Value Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential collateralized mortgage obligations - GSE $ 5,117 $ — $ 5,117 $ 76 $ (35 ) $ 5,158 Residential mortgage backed securities - GSE 36,528 — 36,528 481 (54 ) 36,955 Obligations of state and political subdivisions 32,533 — 32,533 690 (25 ) 33,198 Trust preferred debt securities - pooled 657 (492 ) 165 479 — 644 Other debt securities 2,277 — 2,277 — (9 ) 2,268 Total $ 77,112 $ (492 ) $ 76,620 $ 1,726 $ (123 ) $ 78,223 At June 30, 2020 and December 31, 2019 , $99.1 million and $92.2 million of investment securities, respectively, were pledged to secure public funds and collateralized borrowings from the Federal Home Loan Bank of New York (“FHLB”) and for other purposes required or permitted by law. Restricted stock was included in other assets at June 30, 2020 and December 31, 2019 and totaled $6.0 million and $4.3 million , respectively. Restricted stock consisted of $5.9 million of FHLB stock and $160,000 of Atlantic Community Bankers Bank stock at June 30, 2020 and $4.2 million of FHLB and $160,000 of Atlantic Community Bankers Bank stock at December 31, 2019 . The following table sets forth certain information regarding the amortized cost, carrying value, fair value, weighted average yields and contractual maturities of the Company’s investment portfolio as of June 30, 2020 . Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2020 (Dollars in thousands) Amortized Cost Fair Value Yield Available for sale Due in one year or less $ 9,553 $ 9,543 2.43 % Due after one year through five years 34,085 35,038 2.38 % Due after five years through ten years 35,376 35,585 1.84 % Due after ten years 70,715 71,495 2.32 % Total $ 149,729 $ 151,661 2.23 % Carrying Value Fair Value Yield Held to maturity Due in one year or less $ 17,407 $ 17,477 2.26 % Due after one year through five years 10,302 10,585 3.72 % Due after five years through ten years 18,178 18,950 2.94 % Due after ten years 48,553 50,555 2.78 % Total $ 94,440 $ 97,567 2.81 % Gross unrealized losses on available for sale and held to maturity securities and the fair value of the related securities aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2020 and December 31, 2019 were as follows: June 30, 2020 Less than 12 months 12 months or longer Total (Dollars in thousands) Number of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury securities and obligations of U.S. Government sponsored entities (GSE) and agencies 2 $ 3,753 $ (16 ) $ — $ — $ 3,753 $ (16 ) Residential collateralized mortgage obligations - GSE 6 4,197 (31 ) 11,620 (127 ) 15,817 (158 ) Residential mortgage backed securities - GSE 5 519 (8 ) — — 519 (8 ) Obligations of state and political subdivisions 4 2,475 (12 ) — — 2,475 (12 ) Trust preferred debt securities - single issuer 2 — — 1,327 (166 ) 1,327 (166 ) Corporate debt securities 5 8,841 (182 ) 4,922 (78 ) 13,763 (260 ) Other debt securities 10 3,693 (113 ) 11,703 (411 ) 15,396 (524 ) Total temporarily impaired securities 34 $ 23,478 $ (362 ) $ 29,572 $ (782 ) $ 53,050 $ (1,144 ) December 31, 2019 Less than 12 months 12 months or longer Total (Dollars in thousands) Number of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury securities and obligations of U.S. Government sponsored entities (GSE) and agencies 1 $ 764 $ (10 ) $ — $ — $ 764 $ (10 ) Residential collateralized mortgage obligations - GSE 39 18,328 (138 ) 13,300 (139 ) 31,628 (277 ) Residential mortgage backed securities - GSE 13 5,505 (59 ) — — 5,505 (59 ) Obligations of state and political subdivisions 4 2,311 (25 ) 527 — 2,838 (25 ) Trust preferred debt securities - single issuer 2 — — 1,442 (50 ) 1,442 (50 ) Corporate debt securities 4 2,994 (5 ) 7,954 (79 ) 10,948 (84 ) Other debt securities 12 13,692 (151 ) 5,598 (100 ) 19,290 (251 ) Total temporarily impaired securities 75 $ 43,594 $ (388 ) $ 28,821 $ (368 ) $ 72,415 $ (756 ) U.S. Treasury securities and obligations of U.S. government-sponsored entities and agencies: The unrealized losses on investments in these securities were caused by increases in market interest rates. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Residential collateralized mortgage obligations and residential mortgage backed securities: The unrealized losses on investments in residential collateralized mortgage obligations and mortgage backed securities were caused by increases in market interest rates. The contractual cash flows of these securities are guaranteed by the issuers, which are primarily government or government sponsored agencies. It is expected that the securities would not be settled at a price less than the amortized cost of the investment. The decline in fair value is attributable to changes in interest rates and not credit quality. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Obligations of state and political subdivisions: The unrealized losses on investments in these securities were caused by increases in market interest rates. It is expected that the securities would not be settled at a price less than the amortized cost of the investment. None of the issuers have defaulted on interest payments. These investments are not considered to be other than temporarily impaired because the decline in fair value is attributable to changes in interest rates and not credit quality. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Trust preferred debt securities – single issuer : The investments in these securities with unrealized losses are comprised of two corporate trust preferred securities issued by one large financial institution that mature in 2027. The contractual terms of the trust preferred securities do not allow the issuer to settle the securities at a price less than the face value of the trust preferred securities, which is greater than the amortized cost of the trust preferred securities. The issuer maintains an investment grade credit rating and has not defaulted on interest payments. The decline in fair value is attributable to the widening of interest rate and credit spreads and the lack of an active trading market for these securities. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Corporate debt securities . The unrealized losses on investments in corporate debt securities were caused by an increase in market interest rates, which includes the yield required by market participants for the issuer’s credit risk. All of the issuers maintain an investment grade rating and none of the corporate issuers have defaulted on interest payments. The decline in fair value is attributable to changes in market interest rates. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Other debt securities . The unrealized losses on investments in other debt securities were caused by an increase in market interest rates, which includes the yield required by market participants for the issuer’s credit risk. All of the issuers maintain an investment grade rating and none of the issuers have defaulted on interest payments. The decline in fair value is attributable to changes in market interest rates. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Trust preferred debt securities – pooled: This trust preferred debt security was issued by a two issuer pool (Preferred Term Securities XXV, Ltd. co-issued by Keefe, Bruyette and Woods, Inc. and First Tennessee (“PRETSL XXV”)), consisting primarily of financial institution holding companies. During 2009, the Company recognized an other-than-temporary impairment charge of $865,000 , of which $364,000 was determined to be a credit loss and charged to operations and $501,000 was recognized in the other comprehensive income (loss) component of shareholders’ equity. The primary factor used to determine the credit portion of the impairment loss to be recognized in the income statement for this security was the discounted present value of projected cash flow, where that present value of cash flow was less than the amortized cost basis of the security. The present value of cash flow was developed using a model that considered performing collateral ratios, the level of subordination to senior tranches of the security and credit ratings of and projected credit defaults in the underlying collateral. Due to recovery of the cash flows underlying the security, the Company began to accrete the $501,000 of impairment charge in the other comprehensive income component in 2019. Total accretion of $8,000 was recognized in the first six months of 2020 as an increase in the carrying amount of the security. On a quarterly basis, management evaluates this security to determine if any additional other-than-temporary impairment is required. As of June 30, 2020 , management concluded that no additional other-than-temporary impairment had occurred.

Allowance for Loan Losses and C

Allowance for Loan Losses and Credit Quality	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Allowance for Loan Losses and Credit Quality	Allowance for Loan Losses and Credit Quality The Company’s primary lending emphasis is the origination of commercial real estate loans, mortgage warehouse lines of credit and commercial business loans. Based on the composition of the loan portfolio, the inherent primary risks are deteriorating credit quality, a decline in the economy and a decline in New Jersey and New York City metropolitan area real estate market values. Any one, or a combination, of these events may adversely affect the loan portfolio and may result in increased delinquencies, loan losses and increased future provision levels. The following table provides an aging of the loan portfolio by loan class at June 30, 2020 : (Dollars in thousands) 30-59 Days 60-89 Days Greater than 90 Days Total Past Due Current Total Loans Receivable Recorded Investment > 90 Days Accruing Non-accrual Loans Commercial real estate $ — $ 453 $ 5,117 $ 5,570 $ 586,706 $ 592,276 $ — $ 3,886 Mortgage warehouse lines — — — — 297,093 297,093 — — Construction — — 7,500 7,500 127,682 135,182 — 7,500 Commercial business 28 — 629 657 215,592 216,249 — 784 Residential real estate 77 1,123 668 1,868 85,994 87,862 — 836 Loans to individuals 97 217 153 467 27,853 28,320 — 513 Other loans — 2 — 2 126 128 — — Total loans $ 202 $ 1,795 $ 14,067 $ 16,064 $ 1,341,046 1,357,110 $ — $ 13,519 Deferred loan (fees) costs, net (1,674 ) Total loans $ 1,355,436 The following table provides an aging of the loan portfolio by loan class at December 31, 2019 : (Dollars in thousands) 30-59 Days 60-89 Days Greater than 90 Days Total Past Due Current Total Loans Receivable Recorded Investment > 90 Days Accruing Non-accrual Loans Commercial real estate $ 238 $ 1,927 $ 3,882 $ 6,047 $ 561,608 $ 567,655 $ — $ 2,596 Mortgage warehouse lines — — — — 236,672 236,672 — — Construction — — — — 148,939 148,939 — — Commercial business 381 — 330 711 138,560 139,271 — 501 Residential real estate 2,459 271 677 3,407 86,852 90,259 — 708 Loans to individuals 296 — 311 607 31,997 32,604 — 692 Other loans — — — — 137 137 — — Total loans $ 3,374 $ 2,198 $ 5,200 $ 10,772 $ 1,204,765 1,215,537 $ — $ 4,497 Deferred loan costs, net 491 Total loans $ 1,216,028 As provided by Accounting Standards Codification (“ASC”) 310-30, the excess of cash flows expected at acquisition over the initial investment in the loan is recognized as interest income over the life of the loan. At June 30, 2020 and December 31, 2019 , there were $5.2 million and $5.4 million of purchased credit impaired loans, respectively, that were not classified as non-performing loans due to the accretion of income. The Company’s internal credit risk grades are based on the definitions currently utilized by the banking regulatory agencies. The grades assigned and their definitions are as follows: 1. Excellent - Loans that are based upon cash collateral held at the Company and adequately margined. Loans that are based upon “blue chip” stocks listed on the major stock exchanges and adequately margined. 2. Above Average - Loans to companies whose balance sheets show excellent liquidity and long-term debt is on well-spread schedules of repayment easily covered by cash flow. Such companies have been consistently profitable and have diversification in their product lines or sources of revenue. The continuation of profitable operations for the foreseeable future is likely. Management is comprised of a mix of ages, experience and backgrounds and management succession is in place. Sources of raw materials and, for service companies, the sources of revenue are abundant. Future needs have been planned for. Character and management ability of individuals or company principals are excellent. Loans to individuals are supported by their high net worth and liquid assets. 3. Good - Loans to companies whose balance sheets show good liquidity and cash flow adequate to meet maturities of long-term debt with a comfortable margin. Such companies have established profitable records over a number of years, and there has been growth in net worth. Operating ratios are in line with those of the industry, and expenses are in proper relationship to the volume of business done and the profits achieved. Management is well-balanced and competent in their responsibilities. Economic environment is favorable; however, competition is strong. The prospects for growth are good. Loans in this category do not meet the collateral requirements of loans graded excellent and above average. 3w. Watch - Included in this category are loans evidencing problems identified by Company management that require closer supervision, but do not require a “special mention” rating. This category also covers situations where the Company does not have adequate current information upon which credit quality can be determined. The account officer has the obligation to correct these deficiencies within 30 days from the time of notification. Loans that received modification to provide a deferral of interest and or principal for up to 90 days that complied with the CARES Act criteria were rated watch by management. 4. Special Mention - A “special mention” loan has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the Company’s credit position at some future date. Special mention loans are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. 5. Substandard - A “substandard” loan is inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. Loans so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. 6. Doubtful - A loan classified as “doubtful” has all the weaknesses inherent of a loan classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently known facts, conditions and values, highly questionable and improbable. 7. Loss - A loan classified as “loss” is considered uncollectible and of such little value that its continuance on the books is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value. Rather, this classification indicates that it is not practical or desirable to defer writing off this loan even though partial recovery may occur in the future. Loans graded as “excellent,” “above average,” “good” and “watch” are treated as “pass” for grading purposes. The following table provides a breakdown of the loan portfolio by credit quality indicator at June 30, 2020 : (Dollars in thousands) Commercial Credit Exposure - By Internally Assigned Grade Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Pass $ 125,875 $ 211,978 $ 553,192 $ 297,093 $ 84,997 Special Mention — 2,819 14,533 — 888 Substandard 9,307 1,216 24,551 — 1,977 Doubtful — 236 — — — Total $ 135,182 $ 216,249 $ 592,276 $ 297,093 $ 87,862 Consumer Credit Exposure - By Payment Activity Loans To Individuals Other loans Performing $ 27,807 $ 128 Non-performing 513 — Total $ 28,320 $ 128 The following table provides a breakdown of the loan portfolio by credit quality indicator at December 31, 2019 : (Dollars in thousands) Commercial Credit Exposure - By Internally Assigned Grade Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Pass $ 147,132 $ 135,804 $ 538,104 $ 235,808 $ 87,512 Special Mention — 1,990 9,994 864 922 Substandard 1,807 1,477 19,557 — 1,825 Doubtful — — — — — Total $ 148,939 $ 139,271 $ 567,655 $ 236,672 $ 90,259 Consumer Credit Exposure - By Payment Activity Loans To Individuals Other loans Performing $ 31,912 $ 137 Non-performing 692 — Total $ 32,604 $ 137 At June 30, 2020, there were $75.1 million of Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) loans which are 100% guaranteed by the SBA and, accordingly, no reserve was provided for such loans. Impaired Loans Loans are considered to be impaired when, based on current information and events, it is determined that the Company will not be able to collect all amounts due according to the loan agreement, including scheduled interest payments. When a loan is placed on non-accrual status, it is also considered to be impaired. Loans are placed on non-accrual status when: (1) the full collection of interest or principal becomes uncertain or (2) the loans are contractually past due 90 days or more as to interest or principal payments unless the loans are both well secured and in the process of collection. The following tables summarize the distribution of the allowance for loan losses and loans receivable by loan class and impairment method at June 30, 2020 and December 31, 2019 : June 30, 2020 (Dollars in thousands) Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Loans to Individuals Other loans Unallocated Total Allowance for loan losses: Individually evaluated for impairment $ — $ 89 $ 28 $ — $ — $ — $ — $ — $ 117 Loans acquired with deteriorated credit quality — — 8 — — — — — 8 Collectively evaluated for impairment 1,661 1,691 6,583 1,337 506 182 41 12,001 Ending Balance $ 1,661 $ 1,780 $ 6,619 $ 1,337 $ 506 $ 182 $ — $ 41 $ 12,126 Loans receivable: Individually evaluated for impairment $ 9,307 $ 1,530 $ 7,436 $ — $ 836 $ 513 $ — $ — $ 19,622 Loans acquired with deteriorated credit quality — 321 5,163 — 519 — — — 6,003 Collectively evaluated for impairment 125,875 214,398 579,677 297,093 86,507 27,807 128 — 1,331,485 Ending Balance $ 135,182 $ 216,249 $ 592,276 $ 297,093 $ 87,862 $ 28,320 $ 128 $ — 1,357,110 Deferred loan (fees) costs, net (1,674 ) $ 1,355,436 December 31, 2019 (Dollars in thousands) Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Loans to Individuals Other loans Unallocated Total Allowance for loan losses: Individually evaluated for impairment $ 8 $ 7 $ 50 $ — $ — $ — $ — $ — $ 65 Loans acquired with deteriorated credit quality — 3 1 — — — — — 4 Collectively evaluated for impairment 1,381 1,399 4,473 1,083 412 185 — 269 9,202 Ending Balance $ 1,389 $ 1,409 $ 4,524 $ 1,083 $ 412 $ 185 $ — $ 269 $ 9,271 Loans receivable: Individually evaluated for impairment $ 1,807 $ 1,251 $ 6,171 $ — $ 708 $ 692 $ — $ — $ 10,629 Loans acquired with deteriorated credit quality — 334 5,419 — 504 — — — 6,257 Collectively evaluated for impairment 147,132 137,686 556,065 236,672 89,047 31,912 137 — 1,198,651 Ending Balance $ 148,939 $ 139,271 $ 567,655 $ 236,672 $ 90,259 $ 32,604 $ 137 $ — 1,215,537 Deferred loan (fees) costs, net 491 $ 1,216,028 The activity in the allowance for loan loss by loan class for the three and six months ended June 30, 2020 and 2019 was as follows : Balance - (Dollars in thousands) Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Loans to Individuals Other Loans Unallocated Total Balance - April 1, 2020 $ 1,706 $ 1,771 $ 4,800 $ 1,027 $ 430 $ 188 $ — $ 79 $ 10,001 Provision charged/(credited) to operations (45 ) 9 1,819 310 76 (6 ) — (38 ) 2,125 Loans charged off — — — — — — — — — Recoveries of loans charged off — — — — — — — — — Balance - June 30, 2020 $ 1,661 $ 1,780 $ 6,619 $ 1,337 $ 506 $ 182 $ — $ 41 $ 12,126 Balance - April 1, 2019 $ 1,794 $ 1,615 $ 3,640 $ 582 $ 426 $ 155 $ — $ 492 $ 8,704 Provision charged/(credited) to operations (35 ) 276 189 351 55 (13 ) 43 (466 ) 400 Loans charged off — (345 ) (75 ) — — — (43 ) — (463 ) Recoveries of loans charged off — — — — — — — — — Balance - June 30, 2019 $ 1,759 $ 1,546 $ 3,754 $ 933 $ 481 $ 142 $ — $ 26 $ 8,641 (Dollars in thousands) Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Loans to Individuals Other Loans Unallocated Total Balance - January 1, 2020 $ 1,389 $ 1,409 $ 4,524 $ 1,083 $ 412 $ 185 $ — $ 269 $ 9,271 Provision charged/(credited) to operations 272 536 2,095 254 94 (3 ) — (228 ) 3,020 Loans charged off — (165 ) — — — — — — (165 ) Recoveries of loans charged off — — — — — — — — — Balance - June 30, 2020 $ 1,661 $ 1,780 $ 6,619 $ 1,337 $ 506 $ 182 $ — $ 41 $ 12,126 January 1, 2019 $ 1,732 $ 1,829 $ 3,439 $ 731 $ 431 $ 148 $ — $ 92 $ 8,402 Provision charged/(credited) to operations 27 62 390 202 50 (8 ) 43 (66 ) 700 Loans charged off — (345 ) (75 ) — — — (43 ) — (463 ) Recoveries of loans charged off — — — — — 2 — — 2 Balance - June 30, 2019 $ 1,759 $ 1,546 $ 3,754 $ 933 $ 481 $ 142 $ — $ 26 $ 8,641 When a loan is identified as impaired, the measurement of impairment is based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, except when the sole remaining source of repayment for the loan is the liquidation of the collateral. In such cases, the current fair value of the collateral less selling costs is used. If the value of the impaired loan is less than the recorded investment in the loan, the impairment is recognized through an allowance estimate or a charge to the allowance. Impaired Loans Receivables (By Class) Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Average Interest With no allowance: Commercial: Construction $ 9,307 $ 9,307 $ — $ 9,304 $ 23 $ 6,203 $ 48 Commercial Business 1,637 3,057 — 1,621 17 1,358 35 Commercial Real Estate 8,856 11,233 — 8,884 91 8,338 182 Mortgage Warehouse Lines — — — — — — — Subtotal 19,800 23,597 — 19,809 131 15,899 265 Residential Real Estate 1,355 1,620 — 1,360 9 1,282 18 Consumer: Loans to Individuals 513 635 — 517 — 599 — Other loans — — — — — — — Subtotal 513 635 — 517 — 599 — With no allowance: $ 21,668 $ 25,852 $ — $ 21,686 $ 140 $ 17,780 $ 283 With an allowance: Commercial: Construction $ — $ — $ — $ — $ — $ — $ — Commercial Business 214 214 89 140 — 398 — Commercial Real Estate 3,743 3,743 36 3,675 51 4,113 104 Mortgage Warehouse Lines — — — — — — — Subtotal 3,957 3,957 125 3,815 51 4,511 104 Residential Real Estate — — — — — — — Consumer: Loans to Individuals — — — — — — — Other loans — — — — — — — Subtotal — — — — — — — With an allowance: $ 3,957 $ 3,957 $ 125 $ 3,815 $ 51 $ 4,511 $ 104 Total: Construction 9,307 9,307 — 9,304 23 6,203 48 Commercial Business 1,851 3,271 89 1,761 17 1,756 35 Commercial Real Estate 12,599 14,976 36 12,559 142 12,451 286 Mortgage Warehouse Lines — — — — — — — Residential Real Estate 1,355 1,620 — 1,360 9 1,282 18 Consumer 513 635 — 517 — 599 — Total $ 25,625 $ 29,809 $ 125 $ 25,501 $ 191 $ 22,291 $ 387 Impaired Loans Receivables (By Class) December 31, 2019 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no allowance: Commercial: Construction $ — $ — $ — Commercial Business 680 1,971 — Commercial Real Estate 7,141 8,204 — Mortgage Warehouse Lines — — — Subtotal 7,821 10,175 — Residential Real Estate 1,212 1,465 — Consumer: Loans to Individuals 692 802 — Other loans — — — Subtotal 692 802 — With no allowance $ 9,725 $ 12,442 $ — With an allowance: Commercial: Construction $ 1,807 $ 1,807 $ 8 Commercial Business 905 993 10 Commercial Real Estate 4,449 5,757 51 Mortgage Warehouse Lines — — — Subtotal 7,161 8,557 69 Residential Real Estate — — — Consumer: Loans to Individuals — — — Other loans — — — Subtotal — — — With an allowance $ 7,161 $ 8,557 $ 69 Total: Construction $ 1,807 $ 1,807 $ 8 Commercial Business 1,585 2,964 10 Commercial Real Estate 11,590 13,961 51 Mortgage Warehouse Lines — — — Residential Real Estate 1,212 1,465 — Consumer 692 802 — Total $ 16,886 $ 20,999 $ 69 Impaired Loans Receivables (By Class) Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 (Dollars in thousands) Average Recorded Investment Interest Income Recognized Average Interest Income Recognized With no allowance: Commercial: Construction $ 34 $ 1 $ 69 $ 2 Commercial Business 954 26 953 52 Commercial Real Estate 1,432 17 1,590 33 Mortgage Warehouse Lines — — — Subtotal 2,420 44 2,612 87 Residential Real Estate 1,333 — 1,243 — Consumer: Loans to Individuals 683 — 617 — Other loans — — — Subtotal 683 — 617 — With no allowance $ 4,436 $ 44 $ 4,472 $ 87 With an allowance: Commercial: Construction $ — $ — $ — Commercial Business 301 1 1,233 3 Commercial Real Estate 4,700 59 4,526 117 Mortgage Warehouse Lines — — — Subtotal 5,001 60 5,759 120 Residential Real Estate — — — — Consumer: Loans to Individuals — — — — Other loans — — — — Subtotal — — — — With an allowance $ 5,001 $ 60 $ 5,759 $ 120 Total: Construction $ 34 $ 1 69 2 Commercial Business 1,255 27 2,186 55 Commercial Real Estate 6,132 76 6,116 150 Mortgage Warehouse Lines — — — — Residential Real Estate 1,333 — 1,243 — Consumer 683 — 617 — Total $ 9,437 $ 104 $ 10,231 $ 207 Purchased Credit-Impaired Loans Purchased credit-impaired loans (“PCI”) are loans acquired at a discount due in part to the deteriorated credit quality. On November 8, 2019, as part of the Shore Merger, the Company acquired purchased credit-impaired loans with loan balances totaling $6.3 million and fair values totaling $4.6 million . The following table presents additional information regarding purchased credit-impaired loans at June 30, 2020 and December 31, 2019 : (Dollars in thousands) June 30, 2020 December 31, 2019 Outstanding balance $ 7,479 $ 8,038 Carrying amount $ 6,003 $ 6,257 Changes in accretable discount for purchased credit-impaired loans for the three and six months ended June 30, 2020 and June 30, 2019 were as follows: Three months ended June 30, Six months ended June 30, (Dollars in thousands) 2020 2019 2020 2019 Balance at beginning of period $ 522 $ 129 $ 657 $ 164 Acquisition of impaired loans — — — — Accretion of discount (96 ) (35 ) (231 ) (70 ) Balance at end of period $ 426 $ 94 $ 426 $ 94 Consumer Mortgage Loans Secured by Residential Real Estate in Process of Foreclosure The following table summarizes the recorded investment in consumer mortgage loans secured by residential real estate in the process of foreclosure (dollars in thousands): June 30, 2020 December 31, 2019 Number of loans Recorded Investment Number of loans Recorded Investment 2 $ 475 2 $ 382 Troubled Debt Restructurings In the normal course of business, the Bank may consider modifying loan terms for various reasons. These reasons may include as a retention strategy to compete in the current interest rate environment or to re-amortize or extend a loan term to better match the loan’s repayment stream with the borrower’s cash flow. A modified loan would be considered a troubled debt restructuring (“TDR”) if the Bank grants a concession to a borrower and has determined that the borrower is troubled (i.e., experiencing financial difficulties). If the Bank restructures a loan to a troubled borrower, the loan terms (i.e., interest rate, payment, amortization period and maturity date) may be modified in various ways to enable the borrower to cover the modified debt service payments based on current financial statements and cash flow adequacy. If a borrower’s hardship is thought to be temporary, then modified terms may be offered for only that time period. Where possible, the Bank attempts to obtain additional collateral and/or secondary repayment sources at the time of the restructuring in order to put the Bank in the best possible position if the borrower is not able to meet the modified terms. The Bank will not offer modified terms if it believes that modifying the loan terms will only delay an inevitable permanent default. In evaluating whether a restructuring constitutes a TDR, applicable guidance requires that a creditor must separately conclude that the restructuring constitutes a concession and the borrower is experiencing financial difficulties. There were no loans modified as a TDR during the six months ended June 30, 2020 and June 30, 2019 . There were no TDRs that subsequently defaulted within 12 months of restructuring during the six months ended June 30, 2020 . Pursuant to the CARES Act, loan modifications made between March 1, 2020 and the earlier of i) December 30, 2020 or ii) 60 days after the President declares a termination of the COVID-19 national emergency are not classified as TDRs if the related loans were not more than 30 days past due as of December 31, 2019. As of June 30, 2020 , $147.5 million of loans to borrowers had been modified to defer the payment of interest and or principal for up to 90 days and were comprised of $139.1 million of commercial loans and $8.4 million of consumer loans. These modified loans were not considered to be TDRs. Deferrals for $49.2 million of these modified loans expired in July 2020, at which time a full monthly loan payment was due. As of July 31, 2020, customers had made the required monthly loan payments on $45.6 million of these loans, payments were due on $2.6 million of these loans and one loan relationship totaling $1.0 million received a second modification to extend the deferral for another 90 days. As of July 31, 2020, loan deferrals totaled $99.4 million and were comprised of $94.3 million of commercial loans and $5.1 million of consumer loans.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers All of the Company’s revenue from contracts with customers in the scope of ASC 606 is recognized within non-interest income. The following table presents the Company’s sources of non-interest income for the three and six months ended June 30, 2020 and 2019 . Items outside the scope of ASC 606 are noted as such. Three months ended Six months ended (Dollars in thousands) June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Service charges on deposit accounts: Overdraft fees $ 30 $ 83 $ 125 $ 172 Other 102 76 220 153 Interchange income 152 118 301 221 Other income - in scope 112 112 215 206 Gain on sale of OREO — 137 — 137 Income on bank-owned life insurance (1) 264 149 444 288 Net gains on sales of loans (1) 2,121 1,160 3,591 2,205 Loan servicing fees (1) 157 180 323 359 Gains on sales and calls of securities (1) 10 — 18 — Other income (1) 152 155 319 295 $ 3,100 $ 2,170 $ 5,556 $ 4,036 (1) Not within the scope of ASC 606

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	Share-Based Compensation The Company’s share-based incentive plans (“Stock Plans”) authorize the issuance of an aggregate of 945,873 shares of the Company’s common stock (as adjusted for stock dividends) through awards that may be granted in the form of stock options to purchase common stock (each an “Option” and collectively, “Options”), awards of restricted shares of common stock (“Stock Awards”), restricted stock units (“RSUs”), stock appreciation rights or such other awards as the Compensation Committee of the Board of Directors (the “Compensation Committee”) may determine. As of June 30, 2020 , there were 398,591 shares of common stock available for future grants under the Stock Plans. The following table summarizes Options activity during the six months ended June 30, 2020 : (Dollars in thousands, except share amounts) Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding at January 1, 2020 122,151 $ 9.85 3.9 1,500 Granted 27,000 17.53 9.6 Outstanding at June 30, 2020 149,151 $ 11.24 4.5 $ 490 Exercisable at June 30, 2020 115,751 $ 9.29 3.2 $ 490 The fair value of each Option and the significant weighted average assumptions used to calculate the fair value of the Options granted during the six months ended June 30, 2020 were as follows: Grant Date January 6, 2020 March 19, 2020 Fair value of options granted $ 5.27 $ 2.10 Risk-free rate of return 1.72 % 1.00 % Expected option life in years 7 7 Expected volatility 24.53 % 24.63 % Expected dividends 1.35 % 2.86 % Share-based compensation expense related to Options was $45,000 and $35,000 for the six months ended June 30, 2020 and 2019 , respectively. As of June 30, 2020 , there was approximately $122,000 of unrecognized compensation cost related to unvested Options. The following table summarizes the activity in Stock Awards for the six months ended June 30, 2020 : (Dollars in thousands, except share amounts) Number of Shares Average Grant-Date Fair Value Outstanding at January 1, 2020 134,359 $ 13.84 Granted 33,400 16.53 Vested (37,651 ) 17.38 Non-vested at June 30, 2020 130,108 $ 13.51 Share-based compensation expense related to Stock Awards was $537,000 and $530,000 for the six months ended June 30, 2020 and 2019 , respectively. As of June 30, 2020 , there was approximately $1.8 million of unrecognized compensation cost related to unvested Stock Awards. The following table summarizes the activity in RSUs for the six months ended June 30, 2020 : (Dollars in thousands, except share amounts) Number of Shares Average Grant-Date Fair Value Outstanding at January 1, 2020 10,300 $ 19.38 Granted 18,950 21.92 Vested (3,433 ) 19.38 Non-vested at June 30, 2020 25,817 $ 21.24 Share-based compensation expense related to RSUs was $112,000 and $33,000 for the six months ended June 30, 2020 and 2019 , respectively. As of June 30, 2020 , there was approximately $303,000 of unrecognized compensation cost related to unvested Stock Awards. RSUs vest pro-rata over 3 years subject to achievement of certain established performance metrics. The ultimate number of RSUs earned, if any, will depend on the performance measured over each annual period during the applicable 3 -year performance period. If performance measures are achieved, the RSUs will vest on the date of certification of performance achievement by the Compensation Committee following each annual performance period. On March 19, 2020, the Compensation Committee certified that the applicable performance metrics were achieved at 138% of target for 2019. Awards of RSUs are settled in cash unless the recipient timely elects for the RSUs to be settled in shares of common stock. The RSUs are recorded as a liability by the Company and the liability is adjusted as the market value of the Company's stock price changes..

Benefit Plans

Benefit Plans	6 Months Ended
	Jun. 30, 2020
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans The Bank has a 401(k) plan that covers substantially all employees with six months or more of service. The Bank’s 401(k) plan permits all eligible employees to make contributions to the plan up to the IRS salary deferral limit. The Bank’s contributions to the 401(k) plan are expensed as incurred. The Company also provides retirement benefits to certain employees under supplemental executive retirement plans . The plans are unfunded and the Company accrues actuarially determined benefit costs over the estimated service period of the employees in the plans. The Company recognizes the over-funded or under-funded status of a defined benefit post-retirement plan as an asset or liability on its balance sheet and recognizes changes in that funded status in the year in which the changes occur through comprehensive income. At June 30, 2020 and December 31, 2019 , the Company’s President and Chief Executive Officer was the only eligible participant in the supplemental executive retirement plans. In connection with the benefit plans, the Bank has life insurance policies on the lives of its executive officers, directors and certain employees. The Bank is the owner and beneficiary of these policies. The cash surrender values of these policies totaled approximately $36.9 million and $36.7 million at June 30, 2020 and December 31, 2019 , respectively. The components of net periodic expense for the Company’s supplemental executive retirement plans for the three and six months ended June 30, 2020 and 2019 were as follows: Three Months Ended Six Months Ended (Dollars in thousands) 2020 2019 2020 2019 Service cost $ 45 $ 47 $ 92 $ 94 Interest cost 41 41 82 82 Actuarial gain recognized (56 ) (44 ) (100 ) (88 ) Total $ 30 $ 44 $ 74 $ 88

Other Comprehensive Income (Los

Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2020
Equity [Abstract]
Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss) Other comprehensive income (loss) is the total of (1) net income (loss) and (2) all other changes in equity from non-shareholder sources, which are referred to as other comprehensive income (loss). The components of accumulated other comprehensive income (loss), and the related tax effects, are as follows: June 30, 2020 (Dollars in thousands) Before-Tax Amount Income Tax Effect Net-of-Tax Amount Net unrealized holding gains on investment securities available for sale $ 1,932 $ (480 ) $ 1,452 Unrealized impairment loss on held to maturity security (484 ) 115 (369 ) Gains on unfunded pension liability 405 (114 ) 291 Accumulated other comprehensive income $ 1,853 $ (479 ) $ 1,374 December 31, 2019 (Dollars in thousands) Before-Tax Amount Income Tax Effect Net-of-Tax Amount Net unrealized holding gains on investment securities available for sale $ 414 $ (111 ) $ 303 Unrealized impairment loss on held to maturity security (492 ) 118 (374 ) Gains on unfunded pension liability 364 (102 ) 262 Accumulated other comprehensive income $ 286 $ (95 ) $ 191 Changes in the components of accumulated other comprehensive income (loss) are as follows and are presented net of tax for the three and six months ended June 30, 2020 and June 30, 2019 : (Dollars in thousands) Unrealized Unrealized Unfunded Accumulated Balance - April 1, 2020 $ 161 $ (372 ) $ 270 $ 59 Other comprehensive income (loss) before reclassifications 1,298 — 60 1,358 Amounts reclassified from accumulated other comprehensive income — 3 (39 ) (36 ) Reclassification adjustment for gains realized in income (7 ) — — (7 ) Other comprehensive income 1,291 3 21 1,315 Balance - June 30, 2020 $ 1,452 $ (369 ) $ 291 $ 1,374 Balance - April 1, 2019 $ (608 ) $ (381 ) $ 235 $ (754 ) Other comprehensive income (loss) before reclassifications 770 — 42 812 Amounts reclassified from accumulated other comprehensive income — 2 (31 ) (29 ) Reclassification adjustment for gains realized in income — — — — Other comprehensive income 770 2 11 783 Balance - June 30, 2019 $ 162 $ (379 ) $ 246 $ 29 January 1, 2020 $ 303 $ (374 ) $ 262 $ 191 Other comprehensive income (loss) before reclassifications 1,157 — 99 1,256 Amounts reclassified from accumulated other comprehensive income — 5 (70 ) (65 ) Reclassification adjustment for gains realized in income (8 ) — — (8 ) Other comprehensive income 1,149 5 29 1,183 Balance - June 30, 2020 $ 1,452 $ (369 ) $ 291 $ 1,374 January 1, 2019 $ (1,679 ) $ (382 ) $ 228 $ (1,833 ) Other comprehensive income (loss) before reclassifications 1,841 — 80 1,921 Amounts reclassified from accumulated other comprehensive income — 3 (62 ) (59 ) Reclassification adjustment for gains realized in income — — — — Other comprehensive income 1,841 3 18 1,862 Balance - June 30, 2019 $ 162 $ (379 ) $ 246 $ 29

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2020
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2016-13 - Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13 "Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments," which requires credit losses on most financial assets to be measured at amortized cost and certain other instruments to be measured using an expected credit loss model (referred to as the current expected credit loss (CECL) model). Under this model, entities will estimate credit losses over the entire contractual term of the instrument (considering estimated prepayments but not expected extensions or modifications unless reasonable expectation of a troubled debt restructuring exists) from the date of initial recognition of that instrument. The ASU also replaces the current accounting model for purchased credit impaired loans and debt securities. The allowance for credit losses for purchased financial assets with a more-than-insignificant amount of credit deterioration since origination ("PCD assets") should be determined in a similar manner to other financial assets measured on an amortized cost basis. Upon initial recognition, the allowance for credit losses is added to the purchase price ("gross up approach") to determine the initial amortized cost basis. The subsequent accounting for PCD assets will use the CECL model described above. The ASU made certain targeted amendments to the existing impairment model for available-for-sale (AFS) debt securities. For an AFS debt security for which there is neither the intent nor a more-likely-than-not requirement to sell, an entity will record credit losses as an allowance rather than a write-down of the amortized cost basis. For the Company, the provisions of this ASU are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted for all entities as of the fiscal year beginning after December 15, 2018, including interim periods within those fiscal years. The Company has completed the initial analysis of its financial assets and will continue to build and validate the CECL models in 2020 to evaluate the impact of the adoption of the new standard on its consolidated financial statements. In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments . The amendments in this ASU make minor improvements to the Codification by eliminating certain inconsistencies and clarifying the current guidance. In June 2019, the FASB issued ASU 2019-05, Financial Instruments-Credit Losses (Topic 326): Targeted Transition Relief . This ASU provides optional targeted transition relief that allows reporting entities to irrevocably elect the fair value option on financial instruments that 1) were previously recorded at amortized cost and 2) are within the scope of Topic 326 if the instruments are eligible for the fair value option under Topic 825. The new guidance is effective for public companies for annual reporting periods and interim periods within those annual periods beginning after December 15, 2019. In November 2019, the FASB issued ASU No. 2019-10, “Financial Instruments - Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842). ASU 2019-10 provides that the FASB’s recently developed philosophy regarding the implementation of effective dates applies to ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), among other ASUs. For the Company, the provisions of this ASU are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted for all entities as of the fiscal year beginning after December 15, 2018, including interim periods within those fiscal years. See the discussions regarding the adoption of ASU 2016-13 above. Also in November 2019, the FASB issued ASU No. 2019-11, “Financial Instruments - Credit Losses: Codification Improvements (Topic 326)” to clarify its new credit impairment guidance in ASC 326, based on implementation issues raised by stakeholders. ASU 2019-11 clarifies that expected recoveries are to be included in the allowance for credit losses for these financial assets; an accounting policy election can be made to adjust the effective interest rate for existing troubled debt restructurings based on the prepayment assumptions instead of the prepayment assumptions applicable immediately prior to the restructuring event; and extends the practical expedient to exclude accrued interest receivable from all additional relevant disclosures involving the amortized cost basis. For the Company, the provisions of this ASU are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted for all entities as of the fiscal year beginning after December 15, 2018, including interim periods within those fiscal years. See the discussions regarding the adoption of ASU 2016-13 above. ASU 2020-02 - Financial Instruments - Credit Losses (Topic 326) and Leases (Topic 842) In January 2020, the FASB issued ASU No. 2020-02, “Financial Instruments - Credit Losses (Topic 326) and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 119 and Update to SEC Section on Effective Date Related to Accounting Standards Update No. 2016-02, Leases (Topic 842).” This ASU adds and amends SEC paragraphs in the Accounting Standards Codification to reflect the issuance of SEC Staff Accounting Bulletin No. 119, related to the new credit losses standard, and comments by the SEC staff related to the revised effective date of the new leases standard. This ASU is effective upon issuance. See the discussion regarding the adoption of ASU 2016-13 above. ASU 2020-03 - Codification Improvements to Financial Instruments In March 2020, the FASB issued ASU No. 2020-3, “Codification Improvements to Financial Instruments.” This ASU clarifies various financial instruments topics, including the CECL standard issued in 2016. Amendments related to ASU 2016-13 for entities that have not yet adopted that guidance are effective upon adoption of the amendments in ASU 2016-13. Early adoption is not permitted before an entity’s adoption of ASU 2016-13. Other amendments are effective upon issuance of this ASU. See the discussion regarding the adoption of ASU 2016-13 above. ASU 2020-04 - Reference Rate Reform (Topic 848) In March 2020, the FASB issued ASU No. 2020-04, "Reference Rate Reform (Topic 848)" provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR or another reference rate expected to be discontinued, subject to meeting certain criteria. Under the new guidance, an entity can elect by accounting topic or industry subtopic to account for the modification of a contract affected by reference rate reform as a continuation of the existing contract, if certain conditions are met. In addition, the new guidance allows an entity to elect on a hedge-by-hedge basis to continue to apply hedge accounting for hedging relationships in which the critical terms change due to reference rate reform, if certain conditions are met. A one-time election to sell and/or transfer held-to-maturity debt securities that reference a rate affected by reference rate reform is also allowed. ASU No. 2020-04 became effective for all entities as of March 12, 2020 and will apply to all LIBOR reference rate modifications through December 31, 2022.

Fair Value Disclosures

Fair Value Disclosures	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures U.S. GAAP has established a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical unrestricted assets or liabilities. Level 2: Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported with little or no market activity). An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. These valuation methodologies were applied to all of the Company’s financial assets and financial liabilities carried at fair value. In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon models that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality and counterparty creditworthiness, among other things, as well as unobservable parameters. Any such valuation adjustments are applied consistently over time. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future values. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Securities Available for Sale . Securities classified as available for sale are reported at fair value utilizing Level 1 and Level 2 inputs. For Level 2 securities, the fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayments speeds, credit information and the security’s terms and conditions, among other things. Interest Rate Lock Derivatives . Interest rate lock commitments do not trade in active markets with readily observable prices. The fair value of an interest rate lock commitment is estimated based upon the forward sales price that is obtained in the best efforts commitment at the time the borrower locks in the interest rate on the loan and the probability that the locked rate commitment will close. Impaired Loans. Impaired loans are those which the Company has measured and recognized impairment, generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the collateral or discounted cash flows based on the expected proceeds. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. The fair value consists of the loan balances less specific valuation allowances. Other Real Estate Owned. Foreclosed properties are adjusted to fair value less estimated selling costs at the time of foreclosure in preparation for transfer from portfolio loans to other real estate owned (“OREO”), thereby establishing a new accounting basis. The Company subsequently adjusts the fair value of the OREO, utilizing Level 3 inputs on a non-recurring basis to reflect partial write-downs based on the observable market price, current appraised value of the asset or other estimates of fair value. The fair value of other real estate owned is determined using appraisals, which may be discounted based on management’s review and changes in market conditions. The following table summarizes financial assets and financial liabilities measured at fair value on a recurring basis segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: June 30, 2020 (Dollars in thousands) Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value Securities available for sale: U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) and agencies $ — $ 3,753 $ — $ 3,753 Residential collateralized mortgage obligations - GSE — 42,371 — 42,371 Residential mortgage backed securities - GSE — 18,168 — 18,168 Obligations of state and political subdivisions — 31,623 — 31,623 Trust preferred debt securities - single issuer — 1,327 — 1,327 Corporate debt securities 17,756 11,573 — 29,329 Other debt securities — 25,090 — 25,090 Interest rate lock derivative — 354 — 354 Total $ 17,756 $ 134,259 $ — $ 152,015 December 31, 2019 (Dollars in thousands) Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value Securities available for sale: U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) and agencies $ — $ 764 $ — $ 764 Residential collateralized mortgage obligations - GSE — 53,175 — 53,175 Residential mortgage backed securities - GSE — 18,387 — 18,387 Obligations of state and political subdivisions — 33,519 — 33,519 Trust preferred debt securities - single issuer — 1,442 — 1,442 Corporate debt securities 11,151 12,128 — 23,279 Other debt securities — 25,216 — 25,216 Interest rate lock derivative — 159 — 159 Total $ 11,151 $ 144,790 $ — $ 155,941 Certain assets and liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). Assets and liabilities subject to fair value adjustments (impairment) on a nonrecurring basis at June 30, 2020 and December 31, 2019 were as follows: (Dollars in thousands) Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value June 30, 2020 Impaired loans $ — $ — $ 3,833 $ 3,833 Other real estate owned — — 93 93 December 31, 2019 Impaired loans $ — $ — $ 7,092 $ 7,092 Other real estate owned — — 93 93 Impaired loans measured at fair value and included in the above table at June 30, 2020 consisted of seven loans having an aggregate recorded investment of $4.0 million and specific loan loss allowance of $125,000 . Impaired loans measured at fair value and included in the above table at December 31, 2019 consisted of twelve loans having an aggregate balance of $7.2 million with specific loan loss allowance of $69,000 . The following table presents additional qualitative information about assets measured at fair value on a nonrecurring basis, where there was evidence of impairment, and for which the Company has utilized Level 3 inputs to determine fair value: (Dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) June 30, 2020 Impaired loans $ 3,833 Appraisal of collateral (1) Appraisal adjustments (2) 0.5% - 26.6% Other real estate owned $ 93 Appraisal of (1) Appraisal adjustments (2) 47.0% December 31, 2019 Impaired loans $ 7,092 Appraisal of collateral (1) Appraisal adjustments (2) 0.1% - 40.4% Other real estate owned $ 93 Appraisal of (1) Appraisal adjustments (2) 47.0% (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs that are not identifiable. (2) Includes qualitative adjustments by management and estimated liquidation expenses. The following is a summary of fair value versus carrying value of all of the Company’s financial instruments. For the Company and the Bank, as with most financial institutions, the bulk of assets and liabilities are considered financial instruments. Many of the financial instruments lack an available trading market as characterized by a willing buyer and willing seller engaging in an exchange transaction. Therefore, significant estimations and present value calculations were used for the purpose of this note. Changes in assumptions could significantly affect these estimates. The estimated fair values and carrying amounts of financial assets and liabilities as of June 30, 2020 and December 31, 2019 were as follows: June 30, 2020 Carrying Level 1 Level 2 Level 3 Fair (Dollars in thousands) Value Inputs Inputs Inputs Value Cash and cash equivalents $ 12,582 $ 12,582 $ — $ — $ 12,582 Securities available for sale 151,661 17,756 133,905 — 151,661 Securities held to maturity 94,440 — 97,567 — 97,567 Loans held for sale 11,129 — 11,424 — 11,424 Net loans 1,343,310 — — 1,385,404 1,385,404 SBA servicing asset 819 — 1,245 — 1,245 Interest rate lock derivative 354 — 354 — 354 Accrued interest receivable 5,740 — 5,740 — 5,740 FHLB stock 5,882 — 5,882 — 5,882 Deposits (1,409,392 ) — (1,412,108 ) — (1,412,108 ) Short-term borrowings (107,250 ) — (107,250 ) — (107,250 ) Redeemable subordinated debentures (18,557 ) — (10,808 ) — (10,808 ) Accrued interest payable (1,296 ) — (1,296 ) — (1,296 ) December 31, 2019 Carrying Level 1 Level 2 Level 3 Fair (Dollars in thousands) Value Inputs Inputs Inputs Value Cash and cash equivalents $ 14,842 $ 14,842 $ — $ — $ 14,842 Securities available for sale 155,782 11,151 144,631 — 155,782 Securities held to maturity 76,620 — 78,223 — 78,223 Loans held for sale 5,927 — 6,093 — 6,093 Net loans 1,206,757 — — 1,243,088 1,243,088 SBA servicing asset 930 — 1,245 — 1,245 Interest rate lock derivative 159 — 159 — 159 Accrued interest receivable 4,945 — 4,945 — 4,945 FHLB stock 4,176 — 4,176 — 4,176 Deposits (1,277,362 ) — (1,278,166 ) — (1,278,166 ) Short-term borrowings (92,050 ) — (92,050 ) — (92,050 ) Redeemable subordinated debentures (18,557 ) — (12,837 ) — (12,837 ) Accrued interest payable (1,592 ) — (1,592 ) — (1,592 ) Loan commitments and standby letters of credit as of June 30, 2020 and December 31, 2019 were based on fees charged for similar agreements; accordingly, the estimated fair value of loan commitments and standby letters of credit was nominal.

Leases

Leases	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Leases	Leases At June 30, 2020 , the Company had 35 operating leases under which the Company is a lessee. Of the 35 leases, 23 leases were for real property, including leases for 19 of the Company’s branch offices and 4 leases for general office space including the Company’s headquarters. All of the real property leases include one or more options to extend the lease term. Four of the branch office leases are for the land on which the branch offices are located and the Company owns the leasehold improvements. In addition, the Company had 10 leases for office equipment, which are primarily copiers and printers, and two automobile leases. None of these leases include extensions and generally have three to five year terms. The Company does not have any finance leases. During the three and six months ended June 30, 2020 and 2019 , the Company recognized rent and equipment expense associated with leases as follows: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2019 2018 Operating lease cost: Fixed rent expense and equipment expense $ 670 $ 492 $ 1,337 $ 976 Variable rent expense — — — — Short-term lease expense 11 2 23 4 Sublease income — — — — Net lease cost $ 681 $ 494 $ 1,360 $ 980 (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2019 2018 Lease cost - occupancy expense $ 626 $ 430 $ 1,240 $ 857 Lease cost - other expense 55 64 120 123 Net lease cost $ 681 $ 494 $ 1,360 $ 980 During the six months ended June 30, 2020 and 2019 , the following cash and non-cash activities were associated with the leases: Six Months Ended June 30, (In thousands) 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 1,266 $ 868 Non-cash investing and financing activities: Additions to ROU assets obtained from: Net lease cost — — New operating lease liabilities 144 412 The future payments due under operating leases at June 30, 2020 and 2019 were as follows: At June 30 (In thousands) 2020 2019 Due in less than one year $ 2,058 $ 1,832 Due in one year but less than two years 2,030 1,816 Due in two years but less than three years 2,021 1,788 Due in three years but less than four years 1,929 1,784 Due in four years but less than five years 1,766 1,687 Thereafter 14,243 12,865 Total future payments $ 24,047 $ 21,772 Less: Implied interest (6,011 ) (5,751 ) Total lease liability $ 18,036 $ 16,021 As of June 30, 2020 , future payments due under operating leases were based on ASC Topic 842 and included, in general, at least one lease renewal option on all real estate leases except on one land lease where all renewal options were included. As of June 30, 2020 , the weighted-average remaining lease term for all operating leases is 14.9 years. The weighted average discount rate associated with the operating leases as of June 30, 2020 was 3.35% .

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Consolidation Policy	The accompanying unaudited consolidated financial statements include 1 ST Constitution Bancorp (the “Company”), its wholly-owned subsidiary, 1 ST Constitution Bank (the “Bank”), and the Bank’s wholly-owned subsidiaries, 1 ST Constitution Investment Company of New Jersey, Inc. and FCB Assets Holdings, Inc. 1 ST Constitution Capital Trust II, a subsidiary of the Company, is not included in the Company’s consolidated financial statements, as it is a variable interest entity and the Company is not the primary beneficiary. All significant intercompany accounts and transactions have been eliminated in consolidation. The accounting and reporting policies of the Company and its subsidiaries conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and to the rules and regulations of the Securities and Exchange Commission (the “SEC”), including the instructions to Form 10-Q and Article 10 of Regulation S-X. Certain information and footnote disclosures normally included in financial statements have been condensed or omitted pursuant to such rules and regulations. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 , filed with the SEC on March 16, 2020. Goodwill During the second quarter of 2020, management determined that a triggering event had occurred with respect to goodwill, which required a review of goodwill for impairment. Management completed its review of goodwill and concluded that it was more likely than not that the fair value of goodwill exceeded the carrying amount of goodwill at June 30, 2020 . Accordingly, goodwill was not impaired at June 30, 2020 . In the opinion of the Company, all adjustments (consisting only of normal recurring accruals) that are necessary for a fair presentation of the operating results for the interim periods have been included. The results of operations for periods of less than a year are not necessarily indicative of results for the full year.
Subsequent Events	The Company has evaluated events and transactions occurring subsequent to the balance sheet date of June 30, 2020 for items that should potentially be recognized or disclosed in these consolidated financial statements. The evaluation was conducted through the date these consolidated financial statements were issued.
Adoption of New Accounting Standards	Adoption of New Accounting Standards ASU 2018-15 - Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40) In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-15, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement,” to help entities evaluate the accounting for fees paid by a customer in a cloud computing arrangement (hosting arrangement) by providing guidance for determining when the arrangement includes a software license. The amendments in this Update align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendments in this Update. The amendments in this ASU also require the entity (customer) to expense the capitalized implementation costs of a hosting arrangement that is a service contract over the term of the hosting arrangement. The term of the hosting arrangement includes the non-cancellable period of the arrangement plus periods covered by (1) an option to extend the arrangement if the customer is reasonably certain to exercise that option, (2) an option to terminate the arrangement if the customer is reasonably certain not to exercise the termination option, and (3) an option to extend (or not to terminate) the arrangement in which exercise of the option is in the control of the vendor. The entity also is required to apply the existing impairment guidance in Subtopic 350-40 to the capitalized implementation costs as if the costs were long-lived assets. The amendments in this ASU also require the entity to present the expense related to the capitalized implementation costs in the same line item in the consolidated statements of income as the fees associated with the hosting element (service) of the arrangement and classify payments for capitalized implementation costs in the consolidated statements of cash flows in the same manner as payments made for fees associated with the hosting element. The entity is also required to present the capitalized implementation costs in the consolidated balance sheets in the same line item that a prepayment for the fees of the associated hosting arrangement would be presented. The adoption of this guidance in 2020 did not have a material impact on the Company's consolidated financial statements. ASU 2018-14 - Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20) In August 2018, the FASB issued ASU 2018-14 - “Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20),” which consists of amendments to the disclosure framework project to improve the effectiveness of disclosures in the notes to the financial statements. The amendments in this Update modify the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. The following disclosure requirements are removed from Subtopic 715-20: 1. The amounts in accumulated other comprehensive income expected to be recognized as components of net periodic benefit cost over the next fiscal year; 2. The amount and timing of plan assets expected to be returned to the employer; 3. The disclosures related to the June 2001 amendments to the Japanese Welfare Pension Insurance Law; 4. Related party disclosures about the amount of future annual benefits covered by insurance and annuity contracts and significant transactions between the employer or related parties and the plan; 5. For nonpublic entities, the reconciliation of the opening balances to the closing balances of plan assets measured on a recurring basis in Level 3 of the fair value hierarchy. However, nonpublic entities will be required to disclose separately the amounts of transfers into and out of Level 3 of the fair value hierarchy and purchases of Level 3 plan assets; and 6. For public entities, the effects of a one-percentage point change in assumed health care cost trend rates on the (a) aggregate of the service and interest cost components of net periodic benefit costs and (b) benefit obligation for postretirement health care benefits. The following disclosure requirements are added to Subtopic 715-20: 1. The weighted-average interest crediting rates for cash balance plans and other plans with promised interest crediting rates; and 2. An explanation of the reasons for significant gains and losses related to changes in the benefit obligation for the period. The amendments in this ASU also clarify the disclosure requirements in paragraph 715-20-50-3, which state that the following information for defined benefit pension plans should be disclosed: 1. The projected benefit obligation (“PBO”) and fair value of plan assets for plans with PBOs in excess of plan assets; and 2. The accumulated benefit obligation (“ABO”) and fair value of plan assets for plans with ABOs in excess of plan assets. The amendments in this ASU remove disclosures that no longer are considered cost beneficial, clarify the specific requirements of disclosures and add disclosure requirements identified as relevant. Although narrow in scope, the amendments are considered an important part of the FASB’s efforts to improve the effectiveness of disclosures in the notes to financial statements by applying concepts in the Concepts Statement. For the Company, the provisions of this ASU are effective for fiscal years ending after December 15, 2020. The adoption of this guidance in 2020 did not have a material impact on the Company's consolidated financial statements. ASU 2020-02 - Financial Instruments - Credit Losses (Topic 326) and Leases (Topic 842) In January 2020, the FASB issued ASU No. 2020-02, “Financial Instruments - Credit Losses (Topic 326) and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 119 and Update to SEC Section on Effective Date Related to Accounting Standards Update No. 2016-02, Leases (Topic 842).” This ASU adds and amends SEC paragraphs in the Accounting Standards Codification to reflect the issuance of SEC Staff Accounting Bulletin No. 119, related to the new credit losses standard, and comments by the SEC staff related to the revised effective date of the new leases standard. This ASU is effective upon issuance. See the discussion regarding the adoption of ASU 2016-13 above. ASU 2020-03 - Codification Improvements to Financial Instruments In March 2020, the FASB issued ASU No. 2020-3, “Codification Improvements to Financial Instruments.” This ASU clarifies various financial instruments topics, including the CECL standard issued in 2016. Amendments related to ASU 2016-13 for entities that have not yet adopted that guidance are effective upon adoption of the amendments in ASU 2016-13. Early adoption is not permitted before an entity’s adoption of ASU 2016-13. Other amendments are effective upon issuance of this ASU. See the discussion regarding the adoption of ASU 2016-13 above. ASU 2020-04 - Reference Rate Reform (Topic 848) In March 2020, the FASB issued ASU No. 2020-04, "Reference Rate Reform (Topic 848)" provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR or another reference rate expected to be discontinued, subject to meeting certain criteria. Under the new guidance, an entity can elect by accounting topic or industry subtopic to account for the modification of a contract affected by reference rate reform as a continuation of the existing contract, if certain conditions are met. In addition, the new guidance allows an entity to elect on a hedge-by-hedge basis to continue to apply hedge accounting for hedging relationships in which the critical terms change due to reference rate reform, if certain conditions are met. A one-time election to sell and/or transfer held-to-maturity debt securities that reference a rate affected by reference rate reform is also allowed. ASU No. 2020-04 became effective for all entities as of March 12, 2020 and will apply to all LIBOR reference rate modifications through December 31, 2022.
Investment Securities	U.S. Treasury securities and obligations of U.S. government-sponsored entities and agencies: The unrealized losses on investments in these securities were caused by increases in market interest rates. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Residential collateralized mortgage obligations and residential mortgage backed securities: The unrealized losses on investments in residential collateralized mortgage obligations and mortgage backed securities were caused by increases in market interest rates. The contractual cash flows of these securities are guaranteed by the issuers, which are primarily government or government sponsored agencies. It is expected that the securities would not be settled at a price less than the amortized cost of the investment. The decline in fair value is attributable to changes in interest rates and not credit quality. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Obligations of state and political subdivisions: The unrealized losses on investments in these securities were caused by increases in market interest rates. It is expected that the securities would not be settled at a price less than the amortized cost of the investment. None of the issuers have defaulted on interest payments. These investments are not considered to be other than temporarily impaired because the decline in fair value is attributable to changes in interest rates and not credit quality. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Trust preferred debt securities – single issuer : The investments in these securities with unrealized losses are comprised of two corporate trust preferred securities issued by one large financial institution that mature in 2027. The contractual terms of the trust preferred securities do not allow the issuer to settle the securities at a price less than the face value of the trust preferred securities, which is greater than the amortized cost of the trust preferred securities. The issuer maintains an investment grade credit rating and has not defaulted on interest payments. The decline in fair value is attributable to the widening of interest rate and credit spreads and the lack of an active trading market for these securities. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Corporate debt securities . The unrealized losses on investments in corporate debt securities were caused by an increase in market interest rates, which includes the yield required by market participants for the issuer’s credit risk. All of the issuers maintain an investment grade rating and none of the corporate issuers have defaulted on interest payments. The decline in fair value is attributable to changes in market interest rates. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Other debt securities . The unrealized losses on investments in other debt securities were caused by an increase in market interest rates, which includes the yield required by market participants for the issuer’s credit risk. All of the issuers maintain an investment grade rating and none of the issuers have defaulted on interest payments. The decline in fair value is attributable to changes in market interest rates. The Company does not intend to sell these investments and it is not more likely than not that the Company will be required to sell these investments before a market price recovery or maturity. Therefore, these investments are not considered other-than-temporarily impaired. Trust preferred debt securities – pooled: This trust preferred debt security was issued by a two issuer pool (Preferred Term Securities XXV, Ltd. co-issued by Keefe, Bruyette and Woods, Inc. and First Tennessee (“PRETSL XXV”)), consisting primarily of financial institution holding companies. During 2009, the Company recognized an other-than-temporary impairment charge of $865,000 , of which $364,000 was determined to be a credit loss and charged to operations and $501,000 was recognized in the other comprehensive income (loss) component of shareholders’ equity. The primary factor used to determine the credit portion of the impairment loss to be recognized in the income statement for this security was the discounted present value of projected cash flow, where that present value of cash flow was less than the amortized cost basis of the security. The present value of cash flow was developed using a model that considered performing collateral ratios, the level of subordination to senior tranches of the security and credit ratings of and projected credit defaults in the underlying collateral. Due to recovery of the cash flows underlying the security, the Company began to accrete the $501,000 of impairment charge in the other comprehensive income component in 2019. Total accretion of $8,000 was recognized in the first six months of 2020 as an increase in the carrying amount of the security. On a quarterly basis, management evaluates this security to determine if any additional other-than-temporary impairment is required. As of June 30, 2020 , management concluded that no additional other-than-temporary impairment had occurred.
Allowance for Loan Losses and Credit Quality	The Company’s internal credit risk grades are based on the definitions currently utilized by the banking regulatory agencies. The grades assigned and their definitions are as follows: 1. Excellent - Loans that are based upon cash collateral held at the Company and adequately margined. Loans that are based upon “blue chip” stocks listed on the major stock exchanges and adequately margined. 2. Above Average - Loans to companies whose balance sheets show excellent liquidity and long-term debt is on well-spread schedules of repayment easily covered by cash flow. Such companies have been consistently profitable and have diversification in their product lines or sources of revenue. The continuation of profitable operations for the foreseeable future is likely. Management is comprised of a mix of ages, experience and backgrounds and management succession is in place. Sources of raw materials and, for service companies, the sources of revenue are abundant. Future needs have been planned for. Character and management ability of individuals or company principals are excellent. Loans to individuals are supported by their high net worth and liquid assets. 3. Good - Loans to companies whose balance sheets show good liquidity and cash flow adequate to meet maturities of long-term debt with a comfortable margin. Such companies have established profitable records over a number of years, and there has been growth in net worth. Operating ratios are in line with those of the industry, and expenses are in proper relationship to the volume of business done and the profits achieved. Management is well-balanced and competent in their responsibilities. Economic environment is favorable; however, competition is strong. The prospects for growth are good. Loans in this category do not meet the collateral requirements of loans graded excellent and above average. 3w. Watch - Included in this category are loans evidencing problems identified by Company management that require closer supervision, but do not require a “special mention” rating. This category also covers situations where the Company does not have adequate current information upon which credit quality can be determined. The account officer has the obligation to correct these deficiencies within 30 days from the time of notification. Loans that received modification to provide a deferral of interest and or principal for up to 90 days that complied with the CARES Act criteria were rated watch by management. 4. Special Mention - A “special mention” loan has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the Company’s credit position at some future date. Special mention loans are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. 5. Substandard - A “substandard” loan is inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. Loans so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. 6. Doubtful - A loan classified as “doubtful” has all the weaknesses inherent of a loan classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently known facts, conditions and values, highly questionable and improbable. 7. Loss - A loan classified as “loss” is considered uncollectible and of such little value that its continuance on the books is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value. Rather, this classification indicates that it is not practical or desirable to defer writing off this loan even though partial recovery may occur in the future.
Fair Value Disclosures	U.S. GAAP has established a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical unrestricted assets or liabilities. Level 2: Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported with little or no market activity). An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. These valuation methodologies were applied to all of the Company’s financial assets and financial liabilities carried at fair value. In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon models that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality and counterparty creditworthiness, among other things, as well as unobservable parameters. Any such valuation adjustments are applied consistently over time. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future values. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Securities Available for Sale . Securities classified as available for sale are reported at fair value utilizing Level 1 and Level 2 inputs. For Level 2 securities, the fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayments speeds, credit information and the security’s terms and conditions, among other things. Interest Rate Lock Derivatives . Interest rate lock commitments do not trade in active markets with readily observable prices. The fair value of an interest rate lock commitment is estimated based upon the forward sales price that is obtained in the best efforts commitment at the time the borrower locks in the interest rate on the loan and the probability that the locked rate commitment will close. Impaired Loans. Impaired loans are those which the Company has measured and recognized impairment, generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the collateral or discounted cash flows based on the expected proceeds. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. The fair value consists of the loan balances less specific valuation allowances. Other Real Estate Owned. Foreclosed properties are adjusted to fair value less estimated selling costs at the time of foreclosure in preparation for transfer from portfolio loans to other real estate owned (“OREO”), thereby establishing a new accounting basis. The Company subsequently adjusts the fair value of the OREO, utilizing Level 3 inputs on a non-recurring basis to reflect partial write-downs based on the observable market price, current appraised value of the asset or other estimates of fair value. The fair value of other real estate owned is determined using appraisals, which may be discounted based on management’s review and changes in market conditions.

Acquisition of Shore Communit_2

Acquisition of Shore Community Bank (Tables)	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the fair value of the acquired assets and liabilities assumed: (Dollars in thousands) Amount Consideration paid: Company stock issued $ 29,175 Cash payment 24,233 Cash payment for unexercised outstanding stock options 925 Total consideration paid $ 54,333 Recognized amounts of identifiable assets acquired and liabilities assumed at fair value: Cash and cash equivalents $ 32,599 Investment securities available for sale 26,440 Loans 205,833 Premises and equipment, net 4,433 Core deposit intangible asset 1,467 Bank-owned life insurance 7,250 Right-of-use assets 3,226 Accrued interest receivable 778 Other real estate owned 605 Other assets 2,518 Deposits (249,836 ) Lease liability (3,226 ) Other liabilities (948 ) Total identifiable assets and liabilities, net $ 31,139 Goodwill recorded from Shore merger $ 23,194 The following table summarizes the composition of the loans acquired and recorded at fair value: At November 8, 2019 (Dollars in thousands) Loans acquired with no credit quality deterioration Loans acquired with credit quality deterioration Total Commercial Construction $ 9,733 $ — $ 9,733 Commercial real estate 135,482 4,071 139,553 Commercial business 12,027 — 12,027 Residential real estate 36,849 500 37,349 Consumer 7,171 — 7,171 Total loans $ 201,262 $ 4,571 $ 205,833 The following is a summary of the loans acquired with evidence of deteriorated credit quality in the Shore Merger as of the date of the closing of the merger: (Dollars in thousands) Acquired Credit Impaired Loans Contractually required principal and interest at acquisition $ 7,584 Contractual cash flows not expected to be collected (non-accretable difference) 2,355 Expected cash flows at acquisition 5,229 Interest component of expected cash flows (accretable difference) 658 Fair value of acquired loans $ 4,571
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The following table presents the projected amortization of the core deposit intangible asset for each period beginning July 1, 2020: (Dollars in thousands) Amount Year 2020 $ 129 2021 236 2022 209 2023 182 2024 156 Thereafter 378 Total $ 1,290
Schedule of Business Acquisition, Pro Forma Information	The following table presents financial information regarding the former Shore operations included in the Company’s Consolidated Statements of Income for the six months ended June 30, 2020 under the column "Shore Six Months Ended June 30, 2020 ." In addition, the table presents unaudited condensed pro forma financial information for the three and six months ended June 30, 2019 assuming that the Shore Merger had been completed as of January 1, 2019. The table has been prepared for comparative purposes only and is not necessarily indicative of the actual results that would have been attained had the Shore Merger occurred as of the beginning of the periods presented, nor is it indicative of future results. Furthermore, the unaudited pro forma financial information does not reflect management’s estimate of any revenue-enhancing opportunities nor anticipated cost savings that may have occurred as a result of the integration and consolidation of Shore’s operations. (Dollars in thousands) Shore Six Months Ended June 30, 2020 Actual for the Six Months Ended June 30, 2020 Pro Forma for the Three Months Ended June 30, 2019 Pro Forma for the Six Months Ended June 30, 2019 Net interest income $ 4,678 $ 26,784 $ 14,010 $ 27,776 Non-interest income 199 5,556 2,331 4,375 Non-interest expenses 1,928 19,630 10,385 20,009 Income taxes 725 2,579 1,615 3,247 Net income 1,849 7,111 3,942 8,166

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table illustrates the calculation of both basic and diluted earnings per share for the three and six months ended June 30, 2020 and 2019 : Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands, except per share data) 2020 2019 2020 2019 Net income $ 3,690 $ 3,370 $ 7,111 $ 6,767 Basic weighted average shares outstanding 10,209,295 8,634,251 10,205,065 8,629,197 Plus: common stock equivalents 38,861 62,692 51,416 62,866 Diluted weighted average shares outstanding 10,248,156 8,696,943 10,256,481 8,692,063 Earnings per share: Basic $ 0.36 $ 0.39 0.70 0.78 Diluted $ 0.36 $ 0.39 0.69 0.78

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-sale Securities	A summary of amortized cost and fair value of investment securities available for sale follows: June 30, 2020 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) $ 3,769 $ — $ (16 ) $ 3,753 Residential collateralized mortgage obligations - GSE 41,888 641 (158 ) 42,371 Residential mortgage backed securities - GSE 17,498 678 (8 ) 18,168 Obligations of state and political subdivisions 30,591 1,032 — 31,623 Trust preferred debt securities - single issuer 1,493 — (166 ) 1,327 Corporate debt securities 29,047 542 (260 ) 29,329 Other debt securities 25,443 171 (524 ) 25,090 Total $ 149,729 $ 3,064 $ (1,132 ) $ 151,661 December 31, 2019 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) $ 774 $ — $ (10 ) $ 764 Residential collateralized mortgage obligations - GSE 53,223 194 (242 ) 53,175 Residential mortgage backed securities - GSE 18,100 292 (5 ) 18,387 Obligations of state and political subdivisions 33,177 342 — 33,519 Trust preferred debt securities - single issuer 1,492 — (50 ) 1,442 Corporate debt securities 23,224 139 (84 ) 23,279 Other debt securities 25,378 80 (242 ) 25,216 Total $ 155,368 $ 1,047 $ (633 ) $ 155,782
Schedule of Held-to-maturity Securities	A summary of amortized cost, carrying value and fair value of investment securities held to maturity follows: June 30, 2020 (Dollars in thousands) Amortized Cost Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss Carrying Value Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential collateralized mortgage obligations - GSE $ 7,406 $ — $ 7,406 $ 361 $ — $ 7,767 Residential mortgage backed securities - GSE 31,921 — 31,921 1,406 — 33,327 Obligations of state and political subdivisions 52,840 — 52,840 969 (12 ) 53,797 Trust preferred debt securities - pooled 655 (484 ) 171 334 — 505 Other debt securities 2,102 — 2,102 69 — 2,171 Total $ 94,924 $ (484 ) $ 94,440 $ 3,139 $ (12 ) $ 97,567 December 31, 2019 (Dollars in thousands) Amortized Cost Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss Carrying Value Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential collateralized mortgage obligations - GSE $ 5,117 $ — $ 5,117 $ 76 $ (35 ) $ 5,158 Residential mortgage backed securities - GSE 36,528 — 36,528 481 (54 ) 36,955 Obligations of state and political subdivisions 32,533 — 32,533 690 (25 ) 33,198 Trust preferred debt securities - pooled 657 (492 ) 165 479 — 644 Other debt securities 2,277 — 2,277 — (9 ) 2,268 Total $ 77,112 $ (492 ) $ 76,620 $ 1,726 $ (123 ) $ 78,223
Schedule of Investments Classified by Contractual Maturity Date	The following table sets forth certain information regarding the amortized cost, carrying value, fair value, weighted average yields and contractual maturities of the Company’s investment portfolio as of June 30, 2020 . Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2020 (Dollars in thousands) Amortized Cost Fair Value Yield Available for sale Due in one year or less $ 9,553 $ 9,543 2.43 % Due after one year through five years 34,085 35,038 2.38 % Due after five years through ten years 35,376 35,585 1.84 % Due after ten years 70,715 71,495 2.32 % Total $ 149,729 $ 151,661 2.23 % Carrying Value Fair Value Yield Held to maturity Due in one year or less $ 17,407 $ 17,477 2.26 % Due after one year through five years 10,302 10,585 3.72 % Due after five years through ten years 18,178 18,950 2.94 % Due after ten years 48,553 50,555 2.78 % Total $ 94,440 $ 97,567 2.81 %
Schedule of Investment Securities, Continuous Unrealized Loss Position, Fair Value	Gross unrealized losses on available for sale and held to maturity securities and the fair value of the related securities aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2020 and December 31, 2019 were as follows: June 30, 2020 Less than 12 months 12 months or longer Total (Dollars in thousands) Number of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury securities and obligations of U.S. Government sponsored entities (GSE) and agencies 2 $ 3,753 $ (16 ) $ — $ — $ 3,753 $ (16 ) Residential collateralized mortgage obligations - GSE 6 4,197 (31 ) 11,620 (127 ) 15,817 (158 ) Residential mortgage backed securities - GSE 5 519 (8 ) — — 519 (8 ) Obligations of state and political subdivisions 4 2,475 (12 ) — — 2,475 (12 ) Trust preferred debt securities - single issuer 2 — — 1,327 (166 ) 1,327 (166 ) Corporate debt securities 5 8,841 (182 ) 4,922 (78 ) 13,763 (260 ) Other debt securities 10 3,693 (113 ) 11,703 (411 ) 15,396 (524 ) Total temporarily impaired securities 34 $ 23,478 $ (362 ) $ 29,572 $ (782 ) $ 53,050 $ (1,144 ) December 31, 2019 Less than 12 months 12 months or longer Total (Dollars in thousands) Number of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury securities and obligations of U.S. Government sponsored entities (GSE) and agencies 1 $ 764 $ (10 ) $ — $ — $ 764 $ (10 ) Residential collateralized mortgage obligations - GSE 39 18,328 (138 ) 13,300 (139 ) 31,628 (277 ) Residential mortgage backed securities - GSE 13 5,505 (59 ) — — 5,505 (59 ) Obligations of state and political subdivisions 4 2,311 (25 ) 527 — 2,838 (25 ) Trust preferred debt securities - single issuer 2 — — 1,442 (50 ) 1,442 (50 ) Corporate debt securities 4 2,994 (5 ) 7,954 (79 ) 10,948 (84 ) Other debt securities 12 13,692 (151 ) 5,598 (100 ) 19,290 (251 ) Total temporarily impaired securities 75 $ 43,594 $ (388 ) $ 28,821 $ (368 ) $ 72,415 $ (756 )

Allowance for Loan Losses and_2

Allowance for Loan Losses and Credit Quality (Tables)	6 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Schedule of Financing Receivable, Past Due	The following table provides an aging of the loan portfolio by loan class at June 30, 2020 : (Dollars in thousands) 30-59 Days 60-89 Days Greater than 90 Days Total Past Due Current Total Loans Receivable Recorded Investment > 90 Days Accruing Non-accrual Loans Commercial real estate $ — $ 453 $ 5,117 $ 5,570 $ 586,706 $ 592,276 $ — $ 3,886 Mortgage warehouse lines — — — — 297,093 297,093 — — Construction — — 7,500 7,500 127,682 135,182 — 7,500 Commercial business 28 — 629 657 215,592 216,249 — 784 Residential real estate 77 1,123 668 1,868 85,994 87,862 — 836 Loans to individuals 97 217 153 467 27,853 28,320 — 513 Other loans — 2 — 2 126 128 — — Total loans $ 202 $ 1,795 $ 14,067 $ 16,064 $ 1,341,046 1,357,110 $ — $ 13,519 Deferred loan (fees) costs, net (1,674 ) Total loans $ 1,355,436 The following table provides an aging of the loan portfolio by loan class at December 31, 2019 : (Dollars in thousands) 30-59 Days 60-89 Days Greater than 90 Days Total Past Due Current Total Loans Receivable Recorded Investment > 90 Days Accruing Non-accrual Loans Commercial real estate $ 238 $ 1,927 $ 3,882 $ 6,047 $ 561,608 $ 567,655 $ — $ 2,596 Mortgage warehouse lines — — — — 236,672 236,672 — — Construction — — — — 148,939 148,939 — — Commercial business 381 — 330 711 138,560 139,271 — 501 Residential real estate 2,459 271 677 3,407 86,852 90,259 — 708 Loans to individuals 296 — 311 607 31,997 32,604 — 692 Other loans — — — — 137 137 — — Total loans $ 3,374 $ 2,198 $ 5,200 $ 10,772 $ 1,204,765 1,215,537 $ — $ 4,497 Deferred loan costs, net 491 Total loans $ 1,216,028
Schedule of Financing Receivable Credit Quality Indicators	The following table provides a breakdown of the loan portfolio by credit quality indicator at June 30, 2020 : (Dollars in thousands) Commercial Credit Exposure - By Internally Assigned Grade Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Pass $ 125,875 $ 211,978 $ 553,192 $ 297,093 $ 84,997 Special Mention — 2,819 14,533 — 888 Substandard 9,307 1,216 24,551 — 1,977 Doubtful — 236 — — — Total $ 135,182 $ 216,249 $ 592,276 $ 297,093 $ 87,862 Consumer Credit Exposure - By Payment Activity Loans To Individuals Other loans Performing $ 27,807 $ 128 Non-performing 513 — Total $ 28,320 $ 128 The following table provides a breakdown of the loan portfolio by credit quality indicator at December 31, 2019 : (Dollars in thousands) Commercial Credit Exposure - By Internally Assigned Grade Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Pass $ 147,132 $ 135,804 $ 538,104 $ 235,808 $ 87,512 Special Mention — 1,990 9,994 864 922 Substandard 1,807 1,477 19,557 — 1,825 Doubtful — — — — — Total $ 148,939 $ 139,271 $ 567,655 $ 236,672 $ 90,259 Consumer Credit Exposure - By Payment Activity Loans To Individuals Other loans Performing $ 31,912 $ 137 Non-performing 692 — Total $ 32,604 $ 137
Schedule of Allowance for Credit Losses on Financing Receivables	The following tables summarize the distribution of the allowance for loan losses and loans receivable by loan class and impairment method at June 30, 2020 and December 31, 2019 : June 30, 2020 (Dollars in thousands) Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Loans to Individuals Other loans Unallocated Total Allowance for loan losses: Individually evaluated for impairment $ — $ 89 $ 28 $ — $ — $ — $ — $ — $ 117 Loans acquired with deteriorated credit quality — — 8 — — — — — 8 Collectively evaluated for impairment 1,661 1,691 6,583 1,337 506 182 41 12,001 Ending Balance $ 1,661 $ 1,780 $ 6,619 $ 1,337 $ 506 $ 182 $ — $ 41 $ 12,126 Loans receivable: Individually evaluated for impairment $ 9,307 $ 1,530 $ 7,436 $ — $ 836 $ 513 $ — $ — $ 19,622 Loans acquired with deteriorated credit quality — 321 5,163 — 519 — — — 6,003 Collectively evaluated for impairment 125,875 214,398 579,677 297,093 86,507 27,807 128 — 1,331,485 Ending Balance $ 135,182 $ 216,249 $ 592,276 $ 297,093 $ 87,862 $ 28,320 $ 128 $ — 1,357,110 Deferred loan (fees) costs, net (1,674 ) $ 1,355,436 December 31, 2019 (Dollars in thousands) Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Loans to Individuals Other loans Unallocated Total Allowance for loan losses: Individually evaluated for impairment $ 8 $ 7 $ 50 $ — $ — $ — $ — $ — $ 65 Loans acquired with deteriorated credit quality — 3 1 — — — — — 4 Collectively evaluated for impairment 1,381 1,399 4,473 1,083 412 185 — 269 9,202 Ending Balance $ 1,389 $ 1,409 $ 4,524 $ 1,083 $ 412 $ 185 $ — $ 269 $ 9,271 Loans receivable: Individually evaluated for impairment $ 1,807 $ 1,251 $ 6,171 $ — $ 708 $ 692 $ — $ — $ 10,629 Loans acquired with deteriorated credit quality — 334 5,419 — 504 — — — 6,257 Collectively evaluated for impairment 147,132 137,686 556,065 236,672 89,047 31,912 137 — 1,198,651 Ending Balance $ 148,939 $ 139,271 $ 567,655 $ 236,672 $ 90,259 $ 32,604 $ 137 $ — 1,215,537 Deferred loan (fees) costs, net 491 $ 1,216,028
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent	The activity in the allowance for loan loss by loan class for the three and six months ended June 30, 2020 and 2019 was as follows : Balance - (Dollars in thousands) Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Loans to Individuals Other Loans Unallocated Total Balance - April 1, 2020 $ 1,706 $ 1,771 $ 4,800 $ 1,027 $ 430 $ 188 $ — $ 79 $ 10,001 Provision charged/(credited) to operations (45 ) 9 1,819 310 76 (6 ) — (38 ) 2,125 Loans charged off — — — — — — — — — Recoveries of loans charged off — — — — — — — — — Balance - June 30, 2020 $ 1,661 $ 1,780 $ 6,619 $ 1,337 $ 506 $ 182 $ — $ 41 $ 12,126 Balance - April 1, 2019 $ 1,794 $ 1,615 $ 3,640 $ 582 $ 426 $ 155 $ — $ 492 $ 8,704 Provision charged/(credited) to operations (35 ) 276 189 351 55 (13 ) 43 (466 ) 400 Loans charged off — (345 ) (75 ) — — — (43 ) — (463 ) Recoveries of loans charged off — — — — — — — — — Balance - June 30, 2019 $ 1,759 $ 1,546 $ 3,754 $ 933 $ 481 $ 142 $ — $ 26 $ 8,641 (Dollars in thousands) Construction Commercial Business Commercial Real Estate Mortgage Warehouse Lines Residential Real Estate Loans to Individuals Other Loans Unallocated Total Balance - January 1, 2020 $ 1,389 $ 1,409 $ 4,524 $ 1,083 $ 412 $ 185 $ — $ 269 $ 9,271 Provision charged/(credited) to operations 272 536 2,095 254 94 (3 ) — (228 ) 3,020 Loans charged off — (165 ) — — — — — — (165 ) Recoveries of loans charged off — — — — — — — — — Balance - June 30, 2020 $ 1,661 $ 1,780 $ 6,619 $ 1,337 $ 506 $ 182 $ — $ 41 $ 12,126 January 1, 2019 $ 1,732 $ 1,829 $ 3,439 $ 731 $ 431 $ 148 $ — $ 92 $ 8,402 Provision charged/(credited) to operations 27 62 390 202 50 (8 ) 43 (66 ) 700 Loans charged off — (345 ) (75 ) — — — (43 ) — (463 ) Recoveries of loans charged off — — — — — 2 — — 2 Balance - June 30, 2019 $ 1,759 $ 1,546 $ 3,754 $ 933 $ 481 $ 142 $ — $ 26 $ 8,641
Schedule of Impaired Financing Receivables	Impaired Loans Receivables (By Class) Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Average Interest With no allowance: Commercial: Construction $ 9,307 $ 9,307 $ — $ 9,304 $ 23 $ 6,203 $ 48 Commercial Business 1,637 3,057 — 1,621 17 1,358 35 Commercial Real Estate 8,856 11,233 — 8,884 91 8,338 182 Mortgage Warehouse Lines — — — — — — — Subtotal 19,800 23,597 — 19,809 131 15,899 265 Residential Real Estate 1,355 1,620 — 1,360 9 1,282 18 Consumer: Loans to Individuals 513 635 — 517 — 599 — Other loans — — — — — — — Subtotal 513 635 — 517 — 599 — With no allowance: $ 21,668 $ 25,852 $ — $ 21,686 $ 140 $ 17,780 $ 283 With an allowance: Commercial: Construction $ — $ — $ — $ — $ — $ — $ — Commercial Business 214 214 89 140 — 398 — Commercial Real Estate 3,743 3,743 36 3,675 51 4,113 104 Mortgage Warehouse Lines — — — — — — — Subtotal 3,957 3,957 125 3,815 51 4,511 104 Residential Real Estate — — — — — — — Consumer: Loans to Individuals — — — — — — — Other loans — — — — — — — Subtotal — — — — — — — With an allowance: $ 3,957 $ 3,957 $ 125 $ 3,815 $ 51 $ 4,511 $ 104 Total: Construction 9,307 9,307 — 9,304 23 6,203 48 Commercial Business 1,851 3,271 89 1,761 17 1,756 35 Commercial Real Estate 12,599 14,976 36 12,559 142 12,451 286 Mortgage Warehouse Lines — — — — — — — Residential Real Estate 1,355 1,620 — 1,360 9 1,282 18 Consumer 513 635 — 517 — 599 — Total $ 25,625 $ 29,809 $ 125 $ 25,501 $ 191 $ 22,291 $ 387 Impaired Loans Receivables (By Class) December 31, 2019 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no allowance: Commercial: Construction $ — $ — $ — Commercial Business 680 1,971 — Commercial Real Estate 7,141 8,204 — Mortgage Warehouse Lines — — — Subtotal 7,821 10,175 — Residential Real Estate 1,212 1,465 — Consumer: Loans to Individuals 692 802 — Other loans — — — Subtotal 692 802 — With no allowance $ 9,725 $ 12,442 $ — With an allowance: Commercial: Construction $ 1,807 $ 1,807 $ 8 Commercial Business 905 993 10 Commercial Real Estate 4,449 5,757 51 Mortgage Warehouse Lines — — — Subtotal 7,161 8,557 69 Residential Real Estate — — — Consumer: Loans to Individuals — — — Other loans — — — Subtotal — — — With an allowance $ 7,161 $ 8,557 $ 69 Total: Construction $ 1,807 $ 1,807 $ 8 Commercial Business 1,585 2,964 10 Commercial Real Estate 11,590 13,961 51 Mortgage Warehouse Lines — — — Residential Real Estate 1,212 1,465 — Consumer 692 802 — Total $ 16,886 $ 20,999 $ 69 Impaired Loans Receivables (By Class) Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 (Dollars in thousands) Average Recorded Investment Interest Income Recognized Average Interest Income Recognized With no allowance: Commercial: Construction $ 34 $ 1 $ 69 $ 2 Commercial Business 954 26 953 52 Commercial Real Estate 1,432 17 1,590 33 Mortgage Warehouse Lines — — — Subtotal 2,420 44 2,612 87 Residential Real Estate 1,333 — 1,243 — Consumer: Loans to Individuals 683 — 617 — Other loans — — — Subtotal 683 — 617 — With no allowance $ 4,436 $ 44 $ 4,472 $ 87 With an allowance: Commercial: Construction $ — $ — $ — Commercial Business 301 1 1,233 3 Commercial Real Estate 4,700 59 4,526 117 Mortgage Warehouse Lines — — — Subtotal 5,001 60 5,759 120 Residential Real Estate — — — — Consumer: Loans to Individuals — — — — Other loans — — — — Subtotal — — — — With an allowance $ 5,001 $ 60 $ 5,759 $ 120 Total: Construction $ 34 $ 1 69 2 Commercial Business 1,255 27 2,186 55 Commercial Real Estate 6,132 76 6,116 150 Mortgage Warehouse Lines — — — — Residential Real Estate 1,333 — 1,243 — Consumer 683 — 617 — Total $ 9,437 $ 104 $ 10,231 $ 207 June 30, 2020 and December 31, 2019 : (Dollars in thousands) June 30, 2020 December 31, 2019 Outstanding balance $ 7,479 $ 8,038 Carrying amount $ 6,003 $ 6,257
Schedule of Credit Impaired Loans Acquired, Change In Amortizable Yield	Changes in accretable discount for purchased credit-impaired loans for the three and six months ended June 30, 2020 and June 30, 2019 were as follows: Three months ended June 30, Six months ended June 30, (Dollars in thousands) 2020 2019 2020 2019 Balance at beginning of period $ 522 $ 129 $ 657 $ 164 Acquisition of impaired loans — — — — Accretion of discount (96 ) (35 ) (231 ) (70 ) Balance at end of period $ 426 $ 94 $ 426 $ 94
Schedule of Troubled Debt Restructurings on Financing Receivables	The following table summarizes the recorded investment in consumer mortgage loans secured by residential real estate in the process of foreclosure (dollars in thousands): June 30, 2020 December 31, 2019 Number of loans Recorded Investment Number of loans Recorded Investment 2 $ 475 2 $ 382

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	The following table presents the Company’s sources of non-interest income for the three and six months ended June 30, 2020 and 2019 . Items outside the scope of ASC 606 are noted as such. Three months ended Six months ended (Dollars in thousands) June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Service charges on deposit accounts: Overdraft fees $ 30 $ 83 $ 125 $ 172 Other 102 76 220 153 Interchange income 152 118 301 221 Other income - in scope 112 112 215 206 Gain on sale of OREO — 137 — 137 Income on bank-owned life insurance (1) 264 149 444 288 Net gains on sales of loans (1) 2,121 1,160 3,591 2,205 Loan servicing fees (1) 157 180 323 359 Gains on sales and calls of securities (1) 10 — 18 — Other income (1) 152 155 319 295 $ 3,100 $ 2,170 $ 5,556 $ 4,036 (1) Not within the scope of ASC 606

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	The following table summarizes Options activity during the six months ended June 30, 2020 : (Dollars in thousands, except share amounts) Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding at January 1, 2020 122,151 $ 9.85 3.9 1,500 Granted 27,000 17.53 9.6 Outstanding at June 30, 2020 149,151 $ 11.24 4.5 $ 490 Exercisable at June 30, 2020 115,751 $ 9.29 3.2 $ 490
Schedule of Fair Value Inputs, Assets, Quantitative Information	The fair value of each Option and the significant weighted average assumptions used to calculate the fair value of the Options granted during the six months ended June 30, 2020 were as follows: Grant Date January 6, 2020 March 19, 2020 Fair value of options granted $ 5.27 $ 2.10 Risk-free rate of return 1.72 % 1.00 % Expected option life in years 7 7 Expected volatility 24.53 % 24.63 % Expected dividends 1.35 % 2.86 %
Schedule of Nonvested Restricted Stock Shares Activity	The following table summarizes the activity in Stock Awards for the six months ended June 30, 2020 : (Dollars in thousands, except share amounts) Number of Shares Average Grant-Date Fair Value Outstanding at January 1, 2020 134,359 $ 13.84 Granted 33,400 16.53 Vested (37,651 ) 17.38 Non-vested at June 30, 2020 130,108 $ 13.51
Schedule of Nonvested Restricted Stock Units Activity	The following table summarizes the activity in RSUs for the six months ended June 30, 2020 : (Dollars in thousands, except share amounts) Number of Shares Average Grant-Date Fair Value Outstanding at January 1, 2020 10,300 $ 19.38 Granted 18,950 21.92 Vested (3,433 ) 19.38 Non-vested at June 30, 2020 25,817 $ 21.24

Benefit Plans (Tables)

Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2020
Retirement Benefits [Abstract]
Schedule of Components of Net Periodic Expense	The components of net periodic expense for the Company’s supplemental executive retirement plans for the three and six months ended June 30, 2020 and 2019 were as follows: Three Months Ended Six Months Ended (Dollars in thousands) 2020 2019 2020 2019 Service cost $ 45 $ 47 $ 92 $ 94 Interest cost 41 41 82 82 Actuarial gain recognized (56 ) (44 ) (100 ) (88 ) Total $ 30 $ 44 $ 74 $ 88

Other Comprehensive Income (L_2

Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2020
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive income (loss), and the related tax effects, are as follows: June 30, 2020 (Dollars in thousands) Before-Tax Amount Income Tax Effect Net-of-Tax Amount Net unrealized holding gains on investment securities available for sale $ 1,932 $ (480 ) $ 1,452 Unrealized impairment loss on held to maturity security (484 ) 115 (369 ) Gains on unfunded pension liability 405 (114 ) 291 Accumulated other comprehensive income $ 1,853 $ (479 ) $ 1,374 December 31, 2019 (Dollars in thousands) Before-Tax Amount Income Tax Effect Net-of-Tax Amount Net unrealized holding gains on investment securities available for sale $ 414 $ (111 ) $ 303 Unrealized impairment loss on held to maturity security (492 ) 118 (374 ) Gains on unfunded pension liability 364 (102 ) 262 Accumulated other comprehensive income $ 286 $ (95 ) $ 191 Changes in the components of accumulated other comprehensive income (loss) are as follows and are presented net of tax for the three and six months ended June 30, 2020 and June 30, 2019 : (Dollars in thousands) Unrealized Unrealized Unfunded Accumulated Balance - April 1, 2020 $ 161 $ (372 ) $ 270 $ 59 Other comprehensive income (loss) before reclassifications 1,298 — 60 1,358 Amounts reclassified from accumulated other comprehensive income — 3 (39 ) (36 ) Reclassification adjustment for gains realized in income (7 ) — — (7 ) Other comprehensive income 1,291 3 21 1,315 Balance - June 30, 2020 $ 1,452 $ (369 ) $ 291 $ 1,374 Balance - April 1, 2019 $ (608 ) $ (381 ) $ 235 $ (754 ) Other comprehensive income (loss) before reclassifications 770 — 42 812 Amounts reclassified from accumulated other comprehensive income — 2 (31 ) (29 ) Reclassification adjustment for gains realized in income — — — — Other comprehensive income 770 2 11 783 Balance - June 30, 2019 $ 162 $ (379 ) $ 246 $ 29 January 1, 2020 $ 303 $ (374 ) $ 262 $ 191 Other comprehensive income (loss) before reclassifications 1,157 — 99 1,256 Amounts reclassified from accumulated other comprehensive income — 5 (70 ) (65 ) Reclassification adjustment for gains realized in income (8 ) — — (8 ) Other comprehensive income 1,149 5 29 1,183 Balance - June 30, 2020 $ 1,452 $ (369 ) $ 291 $ 1,374 January 1, 2019 $ (1,679 ) $ (382 ) $ 228 $ (1,833 ) Other comprehensive income (loss) before reclassifications 1,841 — 80 1,921 Amounts reclassified from accumulated other comprehensive income — 3 (62 ) (59 ) Reclassification adjustment for gains realized in income — — — — Other comprehensive income 1,841 3 18 1,862 Balance - June 30, 2019 $ 162 $ (379 ) $ 246 $ 29

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets Measured on Recurring Basis	The following table summarizes financial assets and financial liabilities measured at fair value on a recurring basis segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: June 30, 2020 (Dollars in thousands) Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value Securities available for sale: U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) and agencies $ — $ 3,753 $ — $ 3,753 Residential collateralized mortgage obligations - GSE — 42,371 — 42,371 Residential mortgage backed securities - GSE — 18,168 — 18,168 Obligations of state and political subdivisions — 31,623 — 31,623 Trust preferred debt securities - single issuer — 1,327 — 1,327 Corporate debt securities 17,756 11,573 — 29,329 Other debt securities — 25,090 — 25,090 Interest rate lock derivative — 354 — 354 Total $ 17,756 $ 134,259 $ — $ 152,015 December 31, 2019 (Dollars in thousands) Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value Securities available for sale: U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) and agencies $ — $ 764 $ — $ 764 Residential collateralized mortgage obligations - GSE — 53,175 — 53,175 Residential mortgage backed securities - GSE — 18,387 — 18,387 Obligations of state and political subdivisions — 33,519 — 33,519 Trust preferred debt securities - single issuer — 1,442 — 1,442 Corporate debt securities 11,151 12,128 — 23,279 Other debt securities — 25,216 — 25,216 Interest rate lock derivative — 159 — 159 Total $ 11,151 $ 144,790 $ — $ 155,941
Schedule of Fair Value Measurements, Nonrecurring	Assets and liabilities subject to fair value adjustments (impairment) on a nonrecurring basis at June 30, 2020 and December 31, 2019 were as follows: (Dollars in thousands) Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value June 30, 2020 Impaired loans $ — $ — $ 3,833 $ 3,833 Other real estate owned — — 93 93 December 31, 2019 Impaired loans $ — $ — $ 7,092 $ 7,092 Other real estate owned — — 93 93
Schedule of Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques	The following table presents additional qualitative information about assets measured at fair value on a nonrecurring basis, where there was evidence of impairment, and for which the Company has utilized Level 3 inputs to determine fair value: (Dollars in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) June 30, 2020 Impaired loans $ 3,833 Appraisal of collateral (1) Appraisal adjustments (2) 0.5% - 26.6% Other real estate owned $ 93 Appraisal of (1) Appraisal adjustments (2) 47.0% December 31, 2019 Impaired loans $ 7,092 Appraisal of collateral (1) Appraisal adjustments (2) 0.1% - 40.4% Other real estate owned $ 93 Appraisal of (1) Appraisal adjustments (2) 47.0% (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs that are not identifiable. (2) Includes qualitative adjustments by management and estimated liquidation expenses.
Schedule of Fair Value, by Balance Sheet Grouping	The estimated fair values and carrying amounts of financial assets and liabilities as of June 30, 2020 and December 31, 2019 were as follows: June 30, 2020 Carrying Level 1 Level 2 Level 3 Fair (Dollars in thousands) Value Inputs Inputs Inputs Value Cash and cash equivalents $ 12,582 $ 12,582 $ — $ — $ 12,582 Securities available for sale 151,661 17,756 133,905 — 151,661 Securities held to maturity 94,440 — 97,567 — 97,567 Loans held for sale 11,129 — 11,424 — 11,424 Net loans 1,343,310 — — 1,385,404 1,385,404 SBA servicing asset 819 — 1,245 — 1,245 Interest rate lock derivative 354 — 354 — 354 Accrued interest receivable 5,740 — 5,740 — 5,740 FHLB stock 5,882 — 5,882 — 5,882 Deposits (1,409,392 ) — (1,412,108 ) — (1,412,108 ) Short-term borrowings (107,250 ) — (107,250 ) — (107,250 ) Redeemable subordinated debentures (18,557 ) — (10,808 ) — (10,808 ) Accrued interest payable (1,296 ) — (1,296 ) — (1,296 ) December 31, 2019 Carrying Level 1 Level 2 Level 3 Fair (Dollars in thousands) Value Inputs Inputs Inputs Value Cash and cash equivalents $ 14,842 $ 14,842 $ — $ — $ 14,842 Securities available for sale 155,782 11,151 144,631 — 155,782 Securities held to maturity 76,620 — 78,223 — 78,223 Loans held for sale 5,927 — 6,093 — 6,093 Net loans 1,206,757 — — 1,243,088 1,243,088 SBA servicing asset 930 — 1,245 — 1,245 Interest rate lock derivative 159 — 159 — 159 Accrued interest receivable 4,945 — 4,945 — 4,945 FHLB stock 4,176 — 4,176 — 4,176 Deposits (1,277,362 ) — (1,278,166 ) — (1,278,166 ) Short-term borrowings (92,050 ) — (92,050 ) — (92,050 ) Redeemable subordinated debentures (18,557 ) — (12,837 ) — (12,837 ) Accrued interest payable (1,592 ) — (1,592 ) — (1,592 )

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Schedule of Lease, Cost	During the three and six months ended June 30, 2020 and 2019 , the Company recognized rent and equipment expense associated with leases as follows: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2019 2018 Operating lease cost: Fixed rent expense and equipment expense $ 670 $ 492 $ 1,337 $ 976 Variable rent expense — — — — Short-term lease expense 11 2 23 4 Sublease income — — — — Net lease cost $ 681 $ 494 $ 1,360 $ 980 (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2019 2018 Lease cost - occupancy expense $ 626 $ 430 $ 1,240 $ 857 Lease cost - other expense 55 64 120 123 Net lease cost $ 681 $ 494 $ 1,360 $ 980 During the six months ended June 30, 2020 and 2019 , the following cash and non-cash activities were associated with the leases: Six Months Ended June 30, (In thousands) 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 1,266 $ 868 Non-cash investing and financing activities: Additions to ROU assets obtained from: Net lease cost — — New operating lease liabilities 144 412
Schedule of Lessee, Operating Lease, Liability, Maturity	The future payments due under operating leases at June 30, 2020 and 2019 were as follows: At June 30 (In thousands) 2020 2019 Due in less than one year $ 2,058 $ 1,832 Due in one year but less than two years 2,030 1,816 Due in two years but less than three years 2,021 1,788 Due in three years but less than four years 1,929 1,784 Due in four years but less than five years 1,766 1,687 Thereafter 14,243 12,865 Total future payments $ 24,047 $ 21,772 Less: Implied interest (6,011 ) (5,751 ) Total lease liability $ 18,036 $ 16,021

Acquisition of Shore Communit_3

Acquisition of Shore Community Bank (Narrative) (Details) - USD ($) $ in Thousands	Nov. 08, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Business Acquisition [Line Items]
Estimated future credit losses		$ 0	$ 463	$ 165	$ 463
Merger-related expenses		$ 0	$ 258	$ 64	$ 273
Shore Community Bank
Business Acquisition [Line Items]
Percentage of interests acquired	100.00%
Total consideration paid	$ 54,333
Number of shares issued (in shares)	1,509,275
Company stock issued	$ 29,175
Cash payment to acquire business	25,100
Cash payment for unexercised outstanding stock options	925
Goodwill	$ 23,194
Measurement adjustment term	1 year
Acquired loans receivable	$ 205,833
Core deposit intangible asset	1,467
Merger-related expenses						$ 1,700
Financial Asset Acquired with Credit Deterioration | Shore Community Bank
Business Acquisition [Line Items]
Estimated future credit losses	3,600
Acquired loans receivable	4,571
Financial Asset Acquired and No Credit Deterioration | Shore Community Bank
Business Acquisition [Line Items]
Acquired loans receivable	201,262
Core Deposits | Shore Community Bank
Business Acquisition [Line Items]
Core deposit intangible asset	$ 1,500
Acquired intangible assets, weighted average useful life	10 years

Acquisition of Shore Communit_4

Acquisition of Shore Community Bank (Summary of Assets Acquired and Liabilities Assumed) (Details) - Shore Community Bank $ in Thousands	Nov. 08, 2019USD ($)
Consideration paid:
Company stock issued	$ 29,175
Cash payment	24,233
Cash payment for unexercised outstanding stock options	925
Total consideration paid	54,333
Recognized amounts of identifiable assets acquired and liabilities assumed at fair value:
Cash and cash equivalents	32,599
Investment securities available for sale	26,440
Loans	205,833
Premises and equipment, net	4,433
Core deposit intangible asset	1,467
Bank-owned life insurance	7,250
Right-of-use assets	3,226
Accrued interest receivable	778
Other real estate owned	605
Other assets	2,518
Deposits	(249,836)
Lease liability	(3,226)
Other liabilities	(948)
Total identifiable assets and liabilities, net	31,139
Goodwill recorded from Shore merger	$ 23,194

Acquisition of Shore Communit_5

Acquisition of Shore Community Bank (Summary of Loans Acquired at Fair Value) (Details) - Shore Community Bank $ in Thousands	Nov. 08, 2019USD ($)
Business Acquisition [Line Items]
Acquired loans receivable	$ 205,833
Consumer Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	7,171
Construction | Commercial Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	9,733
Commercial real estate | Commercial Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	139,553
Commercial business | Commercial Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	12,027
Residential real estate | Residential Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	37,349
Financial Asset Acquired and No Credit Deterioration
Business Acquisition [Line Items]
Acquired loans receivable	201,262
Financial Asset Acquired and No Credit Deterioration | Consumer Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	7,171
Financial Asset Acquired and No Credit Deterioration | Construction | Commercial Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	9,733
Financial Asset Acquired and No Credit Deterioration | Commercial real estate | Commercial Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	135,482
Financial Asset Acquired and No Credit Deterioration | Commercial business | Commercial Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	12,027
Financial Asset Acquired and No Credit Deterioration | Residential real estate | Residential Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	36,849
Financial Asset Acquired with Credit Deterioration
Business Acquisition [Line Items]
Acquired loans receivable	4,571
Financial Asset Acquired with Credit Deterioration | Consumer Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	0
Financial Asset Acquired with Credit Deterioration | Construction | Commercial Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	0
Financial Asset Acquired with Credit Deterioration | Commercial real estate | Commercial Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	4,071
Financial Asset Acquired with Credit Deterioration | Commercial business | Commercial Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	0
Financial Asset Acquired with Credit Deterioration | Residential real estate | Residential Portfolio Segment
Business Acquisition [Line Items]
Acquired loans receivable	$ 500

Acquisition of Shore Communit_6

Acquisition of Shore Community Bank (Summary of Loans Acquired with Credit Quality Deterioration) (Details) - Shore Community Bank $ in Thousands	Nov. 08, 2019USD ($)
Business Acquisition [Line Items]
Fair value of acquired loans	$ 205,833
Financial Asset Acquired with Credit Deterioration
Business Acquisition [Line Items]
Contractually required principal and interest at acquisition	7,584
Contractual cash flows not expected to be collected (non-accretable difference)	2,355
Expected cash flows at acquisition	5,229
Interest component of expected cash flows (accretable difference)	658
Fair value of acquired loans	$ 4,571

Acquisition of Shore Communit_7

Acquisition of Shore Community Bank (Projected Amortization Expense of Core Deposits Acquired) (Details) - Core Deposits - Shore Community Bank $ in Thousands	Nov. 08, 2019USD ($)
Business Acquisition [Line Items]
2020	$ 129
2021	236
2022	209
2023	182
2024	156
Thereafter	378
Total	$ 1,290

Acquisition of Shore Communit_8

Acquisition of Shore Community Bank (Pro Forma Information) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Business Acquisition [Line Items]
Net interest income	$ 13,848	$ 11,433	$ 26,784	$ 22,660
Non-interest income	3,100	2,170	5,556	4,036
Non-interest expenses	9,837	8,566	19,630	16,660
Income taxes	1,296	1,267	2,579	2,569
Net income	$ 3,690	3,370	7,111	6,767
Shore Community Bank
Business Acquisition [Line Items]
Pro forma, Net interest income		14,010	26,784	27,776
Pro forma, Non-interest income		2,331	5,556	4,375
Pro forma, Non-interest expense		10,385	19,630	20,009
Pro forma, Income taxes		1,615	2,579	3,247
Pro forma, Net income		$ 3,942	7,111	$ 8,166
Shore Community Bank
Business Acquisition [Line Items]
Net interest income			4,678
Non-interest income			199
Non-interest expenses			1,928
Income taxes			725
Net income			$ 1,849

Earnings Per Common Share (Narr

Earnings Per Common Share (Narrative) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Equity Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	54,930	29,530	41,430	29,530

Earnings Per Common Share (Reco

Earnings Per Common Share (Reconciliation of Basic and Diluted Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Net income	$ 3,690	$ 3,370	$ 7,111	$ 6,767
Basic weighted average shares outstanding
Basic weighted average shares outstanding (in Shares)	10,209,295	8,634,251	10,205,065	8,629,197
Plus: common stock equivalents (in Shares)	38,861	62,692	51,416	62,866
Diluted weighted average shares outstanding (in Shares)	10,248,156	8,696,943	10,256,481	8,692,063
Earnings per share:
Basic (in Dollars per share)	$ 0.36	$ 0.39	$ 0.70	$ 0.78
Diluted (in Dollars per share)	$ 0.36	$ 0.39	$ 0.69	$ 0.78

Investment Securities (Debt Sec

Investment Securities (Debt Securities, Available-for-sale) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 149,729	$ 155,368
Gross Unrealized Gains	3,064	1,047
Gross Unrealized Losses	(1,132)	(633)
Fair Value	151,661	155,782
U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”)
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	3,769	774
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(16)	(10)
Fair Value	3,753	764
Residential collateralized mortgage obligations - GSE
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	41,888	53,223
Gross Unrealized Gains	641	194
Gross Unrealized Losses	(158)	(242)
Fair Value	42,371	53,175
Residential mortgage backed securities - GSE
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	17,498	18,100
Gross Unrealized Gains	678	292
Gross Unrealized Losses	(8)	(5)
Fair Value	18,168	18,387
Obligations of state and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	30,591	33,177
Gross Unrealized Gains	1,032	342
Gross Unrealized Losses	0	0
Fair Value	31,623	33,519
Trust preferred debt securities - single issuer
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,493	1,492
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(166)	(50)
Fair Value	1,327	1,442
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	29,047	23,224
Gross Unrealized Gains	542	139
Gross Unrealized Losses	(260)	(84)
Fair Value	29,329	23,279
Other debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	25,443	25,378
Gross Unrealized Gains	171	80
Gross Unrealized Losses	(524)	(242)
Fair Value	$ 25,090	$ 25,216

Investment Securities (Held-to-

Investment Securities (Held-to-maturity Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Held to maturity
Amortized Cost	$ 94,924	$ 77,112
Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss	(484)	(492)
Carrying Value	94,440	76,620
Gross Unrealized Gains	3,139	1,726
Gross Unrealized Losses	(12)	(123)
Fair Value	97,567	78,223
Residential collateralized mortgage obligations - GSE
Held to maturity
Amortized Cost	7,406	5,117
Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss	0	0
Carrying Value	7,406	5,117
Gross Unrealized Gains	361	76
Gross Unrealized Losses	0	(35)
Fair Value	7,767	5,158
Residential mortgage backed securities - GSE
Held to maturity
Amortized Cost	31,921	36,528
Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss	0	0
Carrying Value	31,921	36,528
Gross Unrealized Gains	1,406	481
Gross Unrealized Losses	0	(54)
Fair Value	33,327	36,955
Obligations of state and political subdivisions
Held to maturity
Amortized Cost	52,840	32,533
Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss	0	0
Carrying Value	52,840	32,533
Gross Unrealized Gains	969	690
Gross Unrealized Losses	(12)	(25)
Fair Value	53,797	33,198
Trust preferred debt securities - pooled
Held to maturity
Amortized Cost	655	657
Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss	(484)	(492)
Carrying Value	171	165
Gross Unrealized Gains	334	479
Gross Unrealized Losses	0	0
Fair Value	505	644
Other debt securities
Held to maturity
Amortized Cost	2,102	2,277
Other-Than- Temporary Impairment Recognized In Accumulated Other Comprehensive Loss	0	0
Carrying Value	2,102	2,277
Gross Unrealized Gains	69	0
Gross Unrealized Losses	0	(9)
Fair Value	$ 2,171	$ 2,268

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020USD ($)securityfinancial_institution	Dec. 31, 2009USD ($)	Dec. 31, 2019USD ($)security
Schedule of Marketable Securities [Line Items]
Restricted stock	$ 6,000		$ 4,300
Federal home loan bank, stock	$ 5,900		$ 4,200
Number of corporate trust preferred securities issued | security	34		75
Other than temporary impairment		$ 865
Other-than-temporary impairment loss, debt securities, portion recognized in earnings		364
Other than temporary impairment loss, portion in other comprehensive loss		$ 501
Accretion recognized as increase in carrying amount of security	$ 8
Trust preferred debt securities – single issue
Schedule of Marketable Securities [Line Items]
Number of corporate trust preferred securities issued | security	2		2
Number of issuers of corporate trust preferred securities | financial_institution	1
Atlantic Community Bankers Bank Stock | Bankers Bank Stock
Schedule of Marketable Securities [Line Items]
Bankers bank stock	$ 160		$ 160
Federal Home Loan Bank Borrowings
Schedule of Marketable Securities [Line Items]
Investment securities pledged to secure funds	$ 99,100		$ 92,200

Investment Securities (Securiti

Investment Securities (Securities by Contractual Maturity) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Amortized Cost
Due in one year or less	$ 9,553
Due after one year through five years	34,085
Due after five years through ten years	35,376
Due after ten years	70,715
Amortized Cost	149,729	$ 155,368
Fair Value
Due in one year or less	9,543
Due after one year through five years	35,038
Due after five years through ten years	35,585
Due after ten years	71,495
Total	$ 151,661	155,782
Yield
Due in one year or less	2.43%
Due after one year through five years	2.38%
Due after five years through ten years	1.84%
Due after ten years	2.32%
Total	2.23%
Carrying Value
Due in one year or less	$ 17,407
Due after one year through five years	10,302
Due after five years through ten years	18,178
Due after ten years	48,553
Carrying Value	94,440	76,620
Fair Value
Due in one year or less	17,477
Due after one year through five years	10,585
Due after five years through ten years	18,950
Due after ten years	50,555
Total	$ 97,567	$ 78,223
Yield
Due in one year or less	2.26%
Due after one year through five years	3.72%
Due after five years through ten years	2.94%
Due after ten years	2.78%
Total	2.81%

Investment Securities (Unrealiz

Investment Securities (Unrealized Losses on Available for Sale and Held to Maturity Securities) (Details) $ in Thousands	Jun. 30, 2020USD ($)security	Dec. 31, 2019USD ($)security
Debt and Equity Securities, FV-NI [Line Items]
Securities in a continuous unrealized loss position, number | security	34	75
Securities in a continuous unrealized loss position, less than 12 months, fair value	$ 23,478	$ 43,594
Securities in a continuous unrealized loss position, less than 12 months, unrealized losses	(362)	(388)
Securities in a continuous unrealized loss position, 12 months or longer, fair value	29,572	28,821
Securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	(782)	(368)
Securities in a continuous unrealized loss position, fair value	53,050	72,415
Securities in a continuous unrealized loss position, unrealized losses	$ (1,144)	$ (756)
U.S. Treasury securities and obligations of U.S. Government sponsored entities (GSE) and agencies
Debt and Equity Securities, FV-NI [Line Items]
Securities in a continuous unrealized loss position, number | security	2	1
Securities in a continuous unrealized loss position, less than 12 months, fair value	$ 3,753	$ 764
Securities in a continuous unrealized loss position, less than 12 months, unrealized losses	(16)	(10)
Securities in a continuous unrealized loss position, 12 months or longer, fair value	0	0
Securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	0	0
Securities in a continuous unrealized loss position, fair value	3,753	764
Securities in a continuous unrealized loss position, unrealized losses	$ (16)	$ (10)
Residential collateralized mortgage obligations - GSE
Debt and Equity Securities, FV-NI [Line Items]
Securities in a continuous unrealized loss position, number | security	6	39
Securities in a continuous unrealized loss position, less than 12 months, fair value	$ 4,197	$ 18,328
Securities in a continuous unrealized loss position, less than 12 months, unrealized losses	(31)	(138)
Securities in a continuous unrealized loss position, 12 months or longer, fair value	11,620	13,300
Securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	(127)	(139)
Securities in a continuous unrealized loss position, fair value	15,817	31,628
Securities in a continuous unrealized loss position, unrealized losses	$ (158)	$ (277)
Residential mortgage backed securities - GSE
Debt and Equity Securities, FV-NI [Line Items]
Securities in a continuous unrealized loss position, number | security	5	13
Securities in a continuous unrealized loss position, less than 12 months, fair value	$ 519	$ 5,505
Securities in a continuous unrealized loss position, less than 12 months, unrealized losses	(8)	(59)
Securities in a continuous unrealized loss position, 12 months or longer, fair value	0	0
Securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	0	0
Securities in a continuous unrealized loss position, fair value	519	5,505
Securities in a continuous unrealized loss position, unrealized losses	$ (8)	$ (59)
Obligations of state and political subdivisions
Debt and Equity Securities, FV-NI [Line Items]
Securities in a continuous unrealized loss position, number | security	4	4
Securities in a continuous unrealized loss position, less than 12 months, fair value	$ 2,475	$ 2,311
Securities in a continuous unrealized loss position, less than 12 months, unrealized losses	(12)	(25)
Securities in a continuous unrealized loss position, 12 months or longer, fair value	0	527
Securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	0	0
Securities in a continuous unrealized loss position, fair value	2,475	2,838
Securities in a continuous unrealized loss position, unrealized losses	$ (12)	$ (25)
Trust preferred debt securities - single issuer
Debt and Equity Securities, FV-NI [Line Items]
Securities in a continuous unrealized loss position, number | security	2	2
Securities in a continuous unrealized loss position, less than 12 months, fair value	$ 0	$ 0
Securities in a continuous unrealized loss position, less than 12 months, unrealized losses	0	0
Securities in a continuous unrealized loss position, 12 months or longer, fair value	1,327	1,442
Securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	(166)	(50)
Securities in a continuous unrealized loss position, fair value	1,327	1,442
Securities in a continuous unrealized loss position, unrealized losses	$ (166)	$ (50)
Corporate debt securities
Debt and Equity Securities, FV-NI [Line Items]
Securities in a continuous unrealized loss position, number | security	5	4
Securities in a continuous unrealized loss position, less than 12 months, fair value	$ 8,841	$ 2,994
Securities in a continuous unrealized loss position, less than 12 months, unrealized losses	(182)	(5)
Securities in a continuous unrealized loss position, 12 months or longer, fair value	4,922	7,954
Securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	(78)	(79)
Securities in a continuous unrealized loss position, fair value	13,763	10,948
Securities in a continuous unrealized loss position, unrealized losses	$ (260)	$ (84)
Other debt securities
Debt and Equity Securities, FV-NI [Line Items]
Securities in a continuous unrealized loss position, number | security	10	12
Securities in a continuous unrealized loss position, less than 12 months, fair value	$ 3,693	$ 13,692
Securities in a continuous unrealized loss position, less than 12 months, unrealized losses	(113)	(151)
Securities in a continuous unrealized loss position, 12 months or longer, fair value	11,703	5,598
Securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	(411)	(100)
Securities in a continuous unrealized loss position, fair value	15,396	19,290
Securities in a continuous unrealized loss position, unrealized losses	$ (524)	$ (251)

Allowance for Loan Losses and_3

Allowance for Loan Losses and Credit Quality (Aging of Loan Portfolio) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Total Loans Receivable	$ 1,357,110	$ 1,215,537
Deferred loan (fees) costs, net	(1,674)	491
Total loans	1,355,436	1,216,028
Total Loans [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	16,064	10,772
Current	1,341,046	1,204,765
Total Loans Receivable	1,357,110	1,215,537
Recorded Investment 90 Days Accruing	0	0
Non-accrual Loans	13,519	4,497
Total Loans [Member] | 30 to 59 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	202	3,374
Total Loans [Member] | 60 to 89 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	1,795	2,198
Total Loans [Member] | Greater than 90 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	14,067	5,200
Commercial Portfolio Segment | Commercial real estate
Financing Receivable, Past Due [Line Items]
Total Past Due	5,570	6,047
Current	586,706	561,608
Total Loans Receivable	592,276	567,655
Recorded Investment 90 Days Accruing	0	0
Non-accrual Loans	3,886	2,596
Commercial Portfolio Segment | Commercial real estate | 30 to 59 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	0	238
Commercial Portfolio Segment | Commercial real estate | 60 to 89 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	453	1,927
Commercial Portfolio Segment | Commercial real estate | Greater than 90 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	5,117	3,882
Commercial Portfolio Segment | Mortgage warehouse lines
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Current	297,093	236,672
Total Loans Receivable	297,093	236,672
Recorded Investment 90 Days Accruing	0	0
Non-accrual Loans	0	0
Commercial Portfolio Segment | Mortgage warehouse lines | 30 to 59 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial Portfolio Segment | Mortgage warehouse lines | 60 to 89 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial Portfolio Segment | Mortgage warehouse lines | Greater than 90 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial Portfolio Segment | Construction
Financing Receivable, Past Due [Line Items]
Total Past Due	7,500	0
Current	127,682	148,939
Total Loans Receivable	135,182	148,939
Recorded Investment 90 Days Accruing	0	0
Non-accrual Loans	7,500	0
Commercial Portfolio Segment | Construction | 30 to 59 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial Portfolio Segment | Construction | 60 to 89 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial Portfolio Segment | Construction | Greater than 90 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	7,500	0
Commercial Portfolio Segment | Commercial business
Financing Receivable, Past Due [Line Items]
Total Past Due	657	711
Current	215,592	138,560
Total Loans Receivable	216,249	139,271
Recorded Investment 90 Days Accruing	0	0
Non-accrual Loans	784	501
Commercial Portfolio Segment | Commercial business | 30 to 59 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	28	381
Commercial Portfolio Segment | Commercial business | 60 to 89 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Commercial Portfolio Segment | Commercial business | Greater than 90 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	629	330
Residential Portfolio Segment | Residential real estate
Financing Receivable, Past Due [Line Items]
Total Past Due	1,868	3,407
Current	85,994	86,852
Total Loans Receivable	87,862	90,259
Recorded Investment 90 Days Accruing	0	0
Non-accrual Loans	836	708
Residential Portfolio Segment | Residential real estate | 30 to 59 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	77	2,459
Residential Portfolio Segment | Residential real estate | 60 to 89 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	1,123	271
Residential Portfolio Segment | Residential real estate | Greater than 90 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	668	677
Consumer Portfolio Segment | Loans to individuals
Financing Receivable, Past Due [Line Items]
Total Past Due	467	607
Current	27,853	31,997
Total Loans Receivable	28,320	32,604
Recorded Investment 90 Days Accruing	0	0
Non-accrual Loans	513	692
Consumer Portfolio Segment | Loans to individuals | 30 to 59 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	97	296
Consumer Portfolio Segment | Loans to individuals | 60 to 89 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	217	0
Consumer Portfolio Segment | Loans to individuals | Greater than 90 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	153	311
Consumer Portfolio Segment | Other loans
Financing Receivable, Past Due [Line Items]
Total Past Due	2	0
Current	126	137
Total Loans Receivable	128	137
Recorded Investment 90 Days Accruing	0	0
Non-accrual Loans	0	0
Consumer Portfolio Segment | Other loans | 30 to 59 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	0	0
Consumer Portfolio Segment | Other loans | 60 to 89 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	2	0
Consumer Portfolio Segment | Other loans | Greater than 90 Days
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 0	$ 0

Allowance for Loan Losses and_4

Allowance for Loan Losses and Credit Quality (Narrative) (Details)	Jul. 31, 2020USD ($)	Jun. 30, 2020USD ($)loancontract	Jun. 30, 2019contract	Dec. 31, 2019USD ($)	Nov. 08, 2019USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Paycheck Protection Program loans amount		$ 75,100,000
Paycheck Protection Program loans reserve amount		0
Loans		$ 1,355,436,000		$ 1,216,028,000
Number of contracts modified as TDR | contract		0
Number of TDRs that subsequently defaulted		0	0
Loans modified to defer payment of interest and or principal for up to 90 days		$ 147,500,000
Subsequent Event
Financing Receivable, Credit Quality Indicator [Line Items]
Loans modified to defer payment of interest and or principal for up to 90 days	$ 99,400,000
Payment Deferral | Subsequent Event
Financing Receivable, Credit Quality Indicator [Line Items]
Amount of modified loans Expired in July 2020	49,200,000
Proceeds from loan payments	45,600,000
Loans with payment due	2,600,000
Extended Maturity | Subsequent Event
Financing Receivable, Credit Quality Indicator [Line Items]
Modified loans received a second modification to extend the deferral for another 90 days	1,000,000
Financial Asset Acquired with Credit Deterioration
Financing Receivable, Credit Quality Indicator [Line Items]
Loans		6,003,000		6,257,000
Shore Community Bank | Financial Asset Acquired with Credit Deterioration
Financing Receivable, Credit Quality Indicator [Line Items]
Loans					$ 4,600,000
Purchased credit-impaired loans, book value					$ 6,300,000
Commercial Portfolio Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Loans modified to defer payment of interest and or principal for up to 90 days		139,100,000
Commercial Portfolio Segment | Subsequent Event
Financing Receivable, Credit Quality Indicator [Line Items]
Loans modified to defer payment of interest and or principal for up to 90 days	94,300,000
Consumer Portfolio Segment
Financing Receivable, Credit Quality Indicator [Line Items]
Loans modified to defer payment of interest and or principal for up to 90 days		8,400,000
Consumer Portfolio Segment | Subsequent Event
Financing Receivable, Credit Quality Indicator [Line Items]
Loans modified to defer payment of interest and or principal for up to 90 days	$ 5,100,000
Performing | Financial Asset Acquired with Credit Deterioration
Financing Receivable, Credit Quality Indicator [Line Items]
Loans		$ 5,200,000		$ 5,400,000

Allowance for Loan Losses and_5

Allowance for Loan Losses and Credit Quality (Commercial and Consumer Loans by Credit Quality Indicators) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	$ 1,357,110	$ 1,215,537
Commercial Portfolio Segment | Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	135,182	148,939
Commercial Portfolio Segment | Construction | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	125,875	147,132
Commercial Portfolio Segment | Construction | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	0	0
Commercial Portfolio Segment | Construction | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	9,307	1,807
Commercial Portfolio Segment | Construction | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	0	0
Commercial Portfolio Segment | Commercial Business
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	216,249	139,271
Commercial Portfolio Segment | Commercial Business | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	211,978	135,804
Commercial Portfolio Segment | Commercial Business | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	2,819	1,990
Commercial Portfolio Segment | Commercial Business | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	1,216	1,477
Commercial Portfolio Segment | Commercial Business | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	236	0
Commercial Portfolio Segment | Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	592,276	567,655
Commercial Portfolio Segment | Commercial Real Estate | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	553,192	538,104
Commercial Portfolio Segment | Commercial Real Estate | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	14,533	9,994
Commercial Portfolio Segment | Commercial Real Estate | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	24,551	19,557
Commercial Portfolio Segment | Commercial Real Estate | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	0	0
Commercial Portfolio Segment | Mortgage Warehouse Lines
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	297,093	236,672
Commercial Portfolio Segment | Mortgage Warehouse Lines | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	297,093	235,808
Commercial Portfolio Segment | Mortgage Warehouse Lines | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	0	864
Commercial Portfolio Segment | Mortgage Warehouse Lines | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	0	0
Commercial Portfolio Segment | Mortgage Warehouse Lines | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	0	0
Residential Portfolio Segment | Residential Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	87,862	90,259
Residential Portfolio Segment | Residential Real Estate | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	84,997	87,512
Residential Portfolio Segment | Residential Real Estate | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	888	922
Residential Portfolio Segment | Residential Real Estate | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	1,977	1,825
Residential Portfolio Segment | Residential Real Estate | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	0	0
Consumer Portfolio Segment | Loans To Individuals
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	28,320	32,604
Consumer Portfolio Segment | Loans To Individuals | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	27,807	31,912
Consumer Portfolio Segment | Loans To Individuals | Non-performing
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	513	692
Consumer Portfolio Segment | Other loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	128	137
Consumer Portfolio Segment | Other loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	128	137
Consumer Portfolio Segment | Other loans | Non-performing
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans Receivable	$ 0	$ 0

Allowance for Loan Losses and_6

Allowance for Loan Losses and Credit Quality (Allowance for Loan Losses by Impairment Method) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Allowance for loan losses:
Allowance for loan losses, individually evaluated for impairment	$ 117		$ 65
Allowance for loan losses, ending balance	12,126	$ 10,001	9,271	$ 8,641	$ 8,704	$ 8,402
Allowance for loan losses, collectively evaluated for impairment	12,001		9,202
Loans receivable:
Loans receivables, individually evaluated for impairment	19,622		10,629
Loans receivables, ending balance	1,357,110		1,215,537
Loans receivables, collectively evaluated for impairment	1,331,485		1,198,651
Deferred loan (fees) costs, net	(1,674)		491
Total loans	1,355,436		1,216,028
Financial Asset Acquired with Credit Deterioration
Allowance for loan losses:
Allowance for loan losses, ending balance	8		4
Loans receivable:
Loans receivables, ending balance	6,003		6,257
Total loans	6,003		6,257
Commercial Portfolio Segment | Construction
Allowance for loan losses:
Allowance for loan losses, individually evaluated for impairment	0		8
Allowance for loan losses, ending balance	1,661	1,706	1,389	1,759	1,794	1,732
Allowance for loan losses, collectively evaluated for impairment	1,661		1,381
Loans receivable:
Loans receivables, individually evaluated for impairment	9,307		1,807
Loans receivables, ending balance	135,182		148,939
Loans receivables, collectively evaluated for impairment	125,875		147,132
Commercial Portfolio Segment | Construction | Financial Asset Acquired with Credit Deterioration
Allowance for loan losses:
Allowance for loan losses, ending balance	0		0
Loans receivable:
Loans receivables, ending balance	0		0
Commercial Portfolio Segment | Commercial Business
Allowance for loan losses:
Allowance for loan losses, individually evaluated for impairment	89		7
Allowance for loan losses, ending balance	1,780	1,771	1,409	1,546	1,615	1,829
Allowance for loan losses, collectively evaluated for impairment	1,691		1,399
Loans receivable:
Loans receivables, individually evaluated for impairment	1,530		1,251
Loans receivables, ending balance	216,249		139,271
Loans receivables, collectively evaluated for impairment	214,398		137,686
Commercial Portfolio Segment | Commercial Business | Financial Asset Acquired with Credit Deterioration
Allowance for loan losses:
Allowance for loan losses, ending balance	0		3
Loans receivable:
Loans receivables, ending balance	321		334
Commercial Portfolio Segment | Commercial Real Estate
Allowance for loan losses:
Allowance for loan losses, individually evaluated for impairment	28		50
Allowance for loan losses, ending balance	6,619	4,800	4,524	3,754	3,640	3,439
Allowance for loan losses, collectively evaluated for impairment	6,583		4,473
Loans receivable:
Loans receivables, individually evaluated for impairment	7,436		6,171
Loans receivables, ending balance	592,276		567,655
Loans receivables, collectively evaluated for impairment	579,677		556,065
Commercial Portfolio Segment | Commercial Real Estate | Financial Asset Acquired with Credit Deterioration
Allowance for loan losses:
Allowance for loan losses, ending balance	8		1
Loans receivable:
Loans receivables, ending balance	5,163		5,419
Commercial Portfolio Segment | Mortgage Warehouse Lines
Allowance for loan losses:
Allowance for loan losses, individually evaluated for impairment	0		0
Allowance for loan losses, ending balance	1,337	1,027	1,083	933	582	731
Allowance for loan losses, collectively evaluated for impairment	1,337		1,083
Loans receivable:
Loans receivables, individually evaluated for impairment	0		0
Loans receivables, ending balance	297,093		236,672
Loans receivables, collectively evaluated for impairment	297,093		236,672
Commercial Portfolio Segment | Mortgage Warehouse Lines | Financial Asset Acquired with Credit Deterioration
Allowance for loan losses:
Allowance for loan losses, ending balance	0		0
Loans receivable:
Loans receivables, ending balance	0		0
Residential Portfolio Segment | Residential Real Estate
Allowance for loan losses:
Allowance for loan losses, individually evaluated for impairment	0		0
Allowance for loan losses, ending balance	506	430	412	481	426	431
Allowance for loan losses, collectively evaluated for impairment	506		412
Loans receivable:
Loans receivables, individually evaluated for impairment	836		708
Loans receivables, ending balance	87,862		90,259
Loans receivables, collectively evaluated for impairment	86,507		89,047
Residential Portfolio Segment | Residential Real Estate | Financial Asset Acquired with Credit Deterioration
Allowance for loan losses:
Allowance for loan losses, ending balance	0		0
Loans receivable:
Loans receivables, ending balance	519		504
Consumer Portfolio Segment | Loans To Individuals
Allowance for loan losses:
Allowance for loan losses, individually evaluated for impairment	0		0
Allowance for loan losses, ending balance	182	188	185	142	155	148
Allowance for loan losses, collectively evaluated for impairment	182		185
Loans receivable:
Loans receivables, individually evaluated for impairment	513		692
Loans receivables, ending balance	28,320		32,604
Loans receivables, collectively evaluated for impairment	27,807		31,912
Consumer Portfolio Segment | Loans To Individuals | Financial Asset Acquired with Credit Deterioration
Allowance for loan losses:
Allowance for loan losses, ending balance	0		0
Loans receivable:
Loans receivables, ending balance	0		0
Consumer Portfolio Segment | Other
Allowance for loan losses:
Allowance for loan losses, individually evaluated for impairment	0		0
Allowance for loan losses, ending balance	0	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment			0
Loans receivable:
Loans receivables, individually evaluated for impairment	0		0
Loans receivables, ending balance	128		137
Loans receivables, collectively evaluated for impairment	128		137
Consumer Portfolio Segment | Other | Financial Asset Acquired with Credit Deterioration
Allowance for loan losses:
Allowance for loan losses, ending balance	0		0
Loans receivable:
Loans receivables, ending balance	0		0
Unallocated
Allowance for loan losses:
Allowance for loan losses, individually evaluated for impairment	0		0
Allowance for loan losses, ending balance	41	$ 79	269	$ 26	$ 492	$ 92
Allowance for loan losses, collectively evaluated for impairment	41		269
Loans receivable:
Loans receivables, individually evaluated for impairment	0		0
Loans receivables, ending balance	0		0
Loans receivables, collectively evaluated for impairment	0		0
Unallocated | Financial Asset Acquired with Credit Deterioration
Allowance for loan losses:
Allowance for loan losses, ending balance	0		0
Loans receivable:
Loans receivables, ending balance	$ 0		$ 0

Allowance for Loan Losses and_7

Allowance for Loan Losses and Credit Quality (Allowance for Loan Losses Activity) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	$ 10,001	$ 8,704	$ 9,271	$ 8,402
Provision charged/(credited) to operations	2,125	400	3,020	700
Loans charged off	0	(463)	(165)	(463)
Recoveries of loans charged off	0	0	0	2
Ending Balance	12,126	8,641	12,126	8,641
Commercial Portfolio Segment | Construction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	1,706	1,794	1,389	1,732
Provision charged/(credited) to operations	(45)	(35)	272	27
Loans charged off	0	0	0	0
Recoveries of loans charged off	0	0	0	0
Ending Balance	1,661	1,759	1,661	1,759
Commercial Portfolio Segment | Commercial Business
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	1,771	1,615	1,409	1,829
Provision charged/(credited) to operations	9	276	536	62
Loans charged off	0	(345)	(165)	(345)
Recoveries of loans charged off	0	0	0	0
Ending Balance	1,780	1,546	1,780	1,546
Commercial Portfolio Segment | Commercial Real Estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	4,800	3,640	4,524	3,439
Provision charged/(credited) to operations	1,819	189	2,095	390
Loans charged off	0	(75)	0	(75)
Recoveries of loans charged off	0	0	0	0
Ending Balance	6,619	3,754	6,619	3,754
Commercial Portfolio Segment | Mortgage Warehouse Lines
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	1,027	582	1,083	731
Provision charged/(credited) to operations	310	351	254	202
Loans charged off	0	0	0	0
Recoveries of loans charged off	0	0	0	0
Ending Balance	1,337	933	1,337	933
Residential Portfolio Segment | Residential Real Estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	430	426	412	431
Provision charged/(credited) to operations	76	55	94	50
Loans charged off	0	0	0	0
Recoveries of loans charged off	0	0	0	0
Ending Balance	506	481	506	481
Consumer Portfolio Segment | Loans To Individuals
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	188	155	185	148
Provision charged/(credited) to operations	(6)	(13)	(3)	(8)
Loans charged off	0	0	0	0
Recoveries of loans charged off	0	0	0	2
Ending Balance	182	142	182	142
Consumer Portfolio Segment | Other Loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	0	0	0	0
Provision charged/(credited) to operations	0	43	0	43
Loans charged off	0	(43)	0	(43)
Recoveries of loans charged off	0	0	0	0
Ending Balance	0	0	0	0
Unallocated
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	79	492	269	92
Provision charged/(credited) to operations	(38)	(466)	(228)	(66)
Loans charged off	0	0	0	0
Recoveries of loans charged off	0	0	0	0
Ending Balance	$ 41	$ 26	$ 41	$ 26

Allowance for Loan Losses and_8

Allowance for Loan Losses and Credit Quality (Impaired Loans Receivables) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
With no allowance:
Recorded Investment	$ 21,668		$ 21,668		$ 9,725
Unpaid Principal Balance	25,852		25,852		12,442
Average Recorded Investment	21,686	$ 4,436	17,780	$ 4,472
Interest Income Recognized	140	44	283	87
With an allowance:
Recorded Investment	3,957		3,957		7,161
Unpaid Principal Balance	3,957		3,957		8,557
Related Allowance	125		125		69
Average Recorded Investment	3,815	5,001	4,511	5,759
Interest Income Recognized	51	60	104	120
Total:
Recorded Investment	25,625		25,625		16,886
Unpaid Principal Balance	29,809		29,809		20,999
Related Allowance	125		125		69
Average Recorded Investment	25,501	9,437	22,291	10,231
Interest Income Recognized	191	104	387	207
Commercial Portfolio Segment
With no allowance:
Recorded Investment	19,800		19,800		7,821
Unpaid Principal Balance	23,597		23,597		10,175
Average Recorded Investment	19,809	2,420	15,899	2,612
Interest Income Recognized	131	44	265	87
With an allowance:
Recorded Investment	3,957		3,957		7,161
Unpaid Principal Balance	3,957		3,957		8,557
Related Allowance	125		125		69
Average Recorded Investment	3,815	5,001	4,511	5,759
Interest Income Recognized	51	60	104	120
Total:
Related Allowance	125		125		69
Commercial Portfolio Segment | Construction
With no allowance:
Recorded Investment	9,307		9,307		0
Unpaid Principal Balance	9,307		9,307		0
Average Recorded Investment	9,304	34	6,203	69
Interest Income Recognized	23	1	48	2
With an allowance:
Recorded Investment	0		0		1,807
Unpaid Principal Balance	0		0		1,807
Related Allowance	0		0		8
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0
Total:
Recorded Investment	9,307		9,307		1,807
Unpaid Principal Balance	9,307		9,307		1,807
Related Allowance	0		0		8
Average Recorded Investment	9,304	34	6,203	69
Interest Income Recognized	23	1	48	2
Commercial Portfolio Segment | Commercial Business
With no allowance:
Recorded Investment	1,637		1,637		680
Unpaid Principal Balance	3,057		3,057		1,971
Average Recorded Investment	1,621	954	1,358	953
Interest Income Recognized	17	26	35	52
With an allowance:
Recorded Investment	214		214		905
Unpaid Principal Balance	214		214		993
Related Allowance	89		89		10
Average Recorded Investment	140	301	398	1,233
Interest Income Recognized	0	1	0	3
Total:
Recorded Investment	1,851		1,851		1,585
Unpaid Principal Balance	3,271		3,271		2,964
Related Allowance	89		89		10
Average Recorded Investment	1,761	1,255	1,756	2,186
Interest Income Recognized	17	27	35	55
Commercial Portfolio Segment | Commercial Real Estate
With no allowance:
Recorded Investment	8,856		8,856		7,141
Unpaid Principal Balance	11,233		11,233		8,204
Average Recorded Investment	8,884	1,432	8,338	1,590
Interest Income Recognized	91	17	182	33
With an allowance:
Recorded Investment	3,743		3,743		4,449
Unpaid Principal Balance	3,743		3,743		5,757
Related Allowance	36		36		51
Average Recorded Investment	3,675	4,700	4,113	4,526
Interest Income Recognized	51	59	104	117
Total:
Recorded Investment	12,599		12,599		11,590
Unpaid Principal Balance	14,976		14,976		13,961
Related Allowance	36		36		51
Average Recorded Investment	12,559	6,132	12,451	6,116
Interest Income Recognized	142	76	286	150
Commercial Portfolio Segment | Mortgage Warehouse Lines
With no allowance:
Recorded Investment	0		0		0
Unpaid Principal Balance	0		0		0
Average Recorded Investment	0	0	0
Interest Income Recognized	0	0	0	0
With an allowance:
Recorded Investment	0		0		0
Unpaid Principal Balance	0		0		0
Related Allowance	0		0		0
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0
Total:
Recorded Investment	0		0		0
Unpaid Principal Balance	0		0		0
Related Allowance	0		0		0
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
Residential Portfolio Segment | Residential Real Estate
With no allowance:
Recorded Investment	1,355		1,355		1,212
Unpaid Principal Balance	1,620		1,620		1,465
Average Recorded Investment	1,360	1,333	1,282	1,243
Interest Income Recognized	9	0	18	0
With an allowance:
Recorded Investment	0		0		0
Unpaid Principal Balance	0		0		0
Related Allowance	0		0		0
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
Total:
Recorded Investment	1,355		1,355		1,212
Unpaid Principal Balance	1,620		1,620		1,465
Related Allowance	0		0		0
Average Recorded Investment	1,360	1,333	1,282	1,243
Interest Income Recognized	9	0	18	0
Consumer Portfolio Segment
With no allowance:
Recorded Investment	513		513		692
Unpaid Principal Balance	635		635		802
Average Recorded Investment	517	683	599	617
Interest Income Recognized	0	0	0	0
With an allowance:
Recorded Investment	0		0		0
Unpaid Principal Balance	0		0		0
Related Allowance	0		0		0
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
Total:
Recorded Investment	513		513		692
Unpaid Principal Balance	635		635		802
Related Allowance	0		0		0
Average Recorded Investment	517	683	599	617
Interest Income Recognized	0	0	0	0
Consumer Portfolio Segment | Loans To Individuals
With no allowance:
Recorded Investment	513		513		692
Unpaid Principal Balance	635		635		802
Average Recorded Investment	517	683	599	617
Interest Income Recognized	0	0	0	0
With an allowance:
Recorded Investment	0		0		0
Unpaid Principal Balance	0		0		0
Related Allowance	0		0		0
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
Total:
Related Allowance	0		0		0
Consumer Portfolio Segment | Other
With no allowance:
Recorded Investment	0		0		0
Unpaid Principal Balance	0		0		0
Average Recorded Investment	0	0	0
Interest Income Recognized	0	0	0	0
With an allowance:
Recorded Investment	0		0		0
Unpaid Principal Balance	0		0		0
Related Allowance	0		0		0
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	$ 0	0	$ 0
Total:
Related Allowance	$ 0		$ 0		$ 0

Allowance for Loan Losses and_9

Allowance for Loan Losses and Credit Quality (Acquired Credit Impaired Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Impaired [Line Items]
Outstanding balance	$ 29,809	$ 20,999
Carrying amount	1,355,436	1,216,028
Financial Asset Acquired with Credit Deterioration
Financing Receivable, Impaired [Line Items]
Outstanding balance	7,479	8,038
Carrying amount	$ 6,003	$ 6,257

Allowance for Loan Losses an_10

Allowance for Loan Losses and Credit Quality (Changes in Accretable Discount for Acquired Credit Impaired Loans) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Balance at beginning of period	$ 522	$ 129	$ 657	$ 164
Acquisition of impaired loans	0	0	0	0
Accretion of discount	(96)	(35)	(231)	(70)
Balance at end of period	$ 426	$ 94	$ 426	$ 94

Allowance for Loan Losses an_11

Allowance for Loan Losses and Credit Quality (Consumer Mortgage Loans Secured by Residential Real Estate in Process of Foreclosure) (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)loan
Receivables [Abstract]
Number of loans | loan	2	2
Recorded Investment | $	$ 475	$ 382

Revenue from Contracts with C_3

Revenue from Contracts with Customers (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	$ 132	$ 159	$ 345	$ 325
Income on bank-owned life insurance	264	149	444	288
Net gains on sales of loans	2,121	1,160	3,591	2,205
Loan servicing fees	157	180	323	359
Net gains on sales and calls of securities	10	0	18	0
Other income	152	155	319	295
Total non-interest income	3,100	2,170	5,556	4,036
Overdraft fees
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	30	83	125	172
Other
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	102	76	220	153
Interchange income
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	152	118	301	221
Other income - in scope
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	112	112	215	206
Gain on sale of OREO
Disaggregation of Revenue [Line Items]
Service charges on deposit accounts	$ 0	$ 137	$ 0	$ 137

Share-Based Compensation (Narra

Share-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 19, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in Shares)	945,873
Number of shares available for grant (in Shares)	398,591
Compensation not yet recognized, stock options	$ 122
Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	45	$ 35
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	537	530
Compensation not yet recognized, other than options	$ 1,800
Granted (in Shares)	33,400
Weighted average grant date fair value, grants in period (in Dollars per share)	$ 16.53
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 112	$ 33
Compensation not yet recognized, other than options	$ 303
Granted (in Shares)	18,950
Weighted average grant date fair value, grants in period (in Dollars per share)	$ 21.92
Award vesting period	3 years
Award performance achieved percentage of target			138.00%

Share-Based Compensation (Sched

Share-Based Compensation (Schedule of Transactions under Stock Plans) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Number of Shares
Outstanding, beginning of period (in Shares)	122,151
Granted (in Shares)	27,000
Outstanding, end of period (in Shares)	149,151	122,151
Exercisable, end of period (in Shares)	115,751
Weighted Average Exercise Price
Outstanding, beginning of period (in Dollars per share)	$ 9.85
Granted (in Dollars per share)	17.53
Outstanding, end of period (in Dollars per share)	11.24	$ 9.85
Exercisable, end of period (in Dollars per share)	$ 9.29
Weighted Average Remaining Contractual Term (Years)
Outstanding, end of period	4 years 6 months	3 years 10 months 24 days
Granted	9 years 7 months 6 days
Exercisable, end of period	3 years 2 months 12 days
Aggregate Intrinsic Value
Outstanding, end of period	$ 490,000	$ 1,500
Exercisable, end of period	$ 490,000

Share-Based Compensation (Sch_2

Share-Based Compensation (Schedule of Fair Value and Weighted Average Assumptions) (Details) - $ / shares	Mar. 19, 2020	Jan. 06, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Fair value of options granted (in Dollars per share)	$ 2.10	$ 5.27
Risk-free rate of return	1.00%	1.72%
Expected option life in years	7 years	7 years
Expected volatility	24.63%	24.53%
Expected dividends	2.86%	1.35%

Share-Based Compensation (Sch_3

Share-Based Compensation (Schedule of Restricted Shares Activity) (Details) - Restricted Stock	6 Months Ended
	Jun. 30, 2020$ / sharesshares
Number of Shares
Outstanding, beginning of period (in Shares) | shares	134,359
Granted (in Shares) | shares	33,400
Vested (in Shares) | shares	(37,651)
Non-vested, end of period (in Shares) | shares	130,108
Average Grant Date Fair Value (in dollars per share)
Outstanding, beginning of period (in Dollars per share) | $ / shares	$ 13.84
Granted (in Dollars per share) | $ / shares	16.53
Vested (in Dollars per share) | $ / shares	17.38
Non-vested, end of period (in Dollars per share) | $ / shares	$ 13.51

Share-Based Compensation (Sch_4

Share-Based Compensation (Schedule of Restricted Stock Units Activity) (Details) - Restricted Stock Units (RSUs)	6 Months Ended
	Jun. 30, 2020$ / sharesshares
Number of Shares
Outstanding, beginning of period (in Shares) | shares	10,300
Granted (in Shares) | shares	18,950
Vested (in Shares) | shares	(3,433)
Non-vested, end of period (in Shares) | shares	25,817
Average Grant Date Fair Value (in dollars per share)
Outstanding, beginning of period (in Dollars per share) | $ / shares	$ 19.38
Granted (in Dollars per share) | $ / shares	21.92
Vested (in Dollars per share) | $ / shares	19.38
Non-vested, end of period (in Dollars per share) | $ / shares	$ 21.24

Benefit Plans (Narrative) (Deta

Benefit Plans (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Retirement Benefits [Abstract]
Period of service	6 months
Cash surrender value of life insurance	$ 36.9	$ 36.7

Benefit Plans (Schedule of Comp

Benefit Plans (Schedule of Components of Net Periodic Benefit Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Retirement Benefits [Abstract]
Service cost	$ 45	$ 47	$ 92	$ 94
Interest cost	41	41	82	82
Actuarial gain recognized	(56)	(44)	(100)	(88)
Net periodic benefit cost	$ 30	$ 44	$ 74	$ 88

Other Comprehensive Income (L_3

Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss) (Components of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Before-Tax Amount	$ 1,853	$ 286
Income Tax Effect	479	95
Accumulated Other Comprehensive Income (Loss), Net of Tax	1,374	191
Net unrealized holding gains on investment securities available for sale
Accumulated Other Comprehensive Income (Loss) [Line Items]
Before-Tax Amount	1,932	414
Income Tax Effect	480	111
Accumulated Other Comprehensive Income (Loss), Net of Tax	1,452	303
Unrealized impairment loss on held to maturity security
Accumulated Other Comprehensive Income (Loss) [Line Items]
Before-Tax Amount	(484)	(492)
Income Tax Effect	(115)	(118)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(369)	(374)
Gains on unfunded pension liability
Accumulated Other Comprehensive Income (Loss) [Line Items]
Before-Tax Amount	405	364
Income Tax Effect	114	102
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ 291	$ 262

Other Comprehensive Income (L_4

Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss) (Changes in the Components of AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Roll Forward]
Beginning balance			$ 170,578
Other comprehensive income (loss) before reclassifications	$ 1,358	$ 812	1,256	$ 1,921
Total other comprehensive income	1,315	783	1,183	1,862
Ending balance	177,484		177,484
Unrealized Holding Gains (Losses) on Available for Sale Securities
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Roll Forward]
Beginning balance	161	(608)	303	(1,679)
Other comprehensive income (loss) before reclassifications	1,298	770	1,157	1,841
Amounts reclassified from accumulated other comprehensive income	(7)	0	(8)	0
Total other comprehensive income	1,291	770	1,149	1,841
Ending balance	1,452	162	1,452	162
Unrealized Impairment Loss on Held to Maturity Security
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Roll Forward]
Beginning balance	(372)	(381)	(374)	(382)
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	3	2	5	3
Total other comprehensive income	3	2	5	3
Ending balance	(369)	(379)	(369)	(379)
Unfunded Pension Liability
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Roll Forward]
Beginning balance	270	235	262	228
Other comprehensive income (loss) before reclassifications	60	42	99	80
Amounts reclassified from accumulated other comprehensive income	(39)	(31)	(70)	(62)
Total other comprehensive income	21	11	29	18
Ending balance	291	246	291	246
Unrealized Impairment Loss on Held to Maturity Security and Unfunded Pension Liability
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive income	(36)	(29)	(65)	(59)
Accumulated Other Comprehensive Income (Loss)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Roll Forward]
Beginning balance	59	(754)	191	(1,833)
Total other comprehensive income	1,315	783	1,183	1,862
Ending balance	$ 1,374	$ 29	$ 1,374	$ 29

Fair Value Disclosures (Financi

Fair Value Disclosures (Financial Assets and Liabilities at Fair Value Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 151,661	$ 155,782
Interest rate lock derivative	354	159
Total	152,015	155,941
Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock derivative	0	0
Total	17,756	11,151
Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock derivative	354	159
Total	134,259	144,790
Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock derivative	0	0
Total	0	0
U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,753	764
U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) and agencies | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) and agencies | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	3,753	764
U.S. Treasury securities and obligations of U.S. Government sponsored entities (“GSE”) and agencies | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Residential collateralized mortgage obligations - GSE
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	42,371	53,175
Residential collateralized mortgage obligations - GSE | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Residential collateralized mortgage obligations - GSE | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	42,371	53,175
Residential collateralized mortgage obligations - GSE | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Residential mortgage backed securities - GSE
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	18,168	18,387
Residential mortgage backed securities - GSE | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Residential mortgage backed securities - GSE | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	18,168	18,387
Residential mortgage backed securities - GSE | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Obligations of state and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	31,623	33,519
Obligations of state and political subdivisions | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Obligations of state and political subdivisions | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	31,623	33,519
Obligations of state and political subdivisions | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Trust preferred debt securities - single issuer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	1,327	1,442
Trust preferred debt securities - single issuer | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Trust preferred debt securities - single issuer | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	1,327	1,442
Trust preferred debt securities - single issuer | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	29,329	23,279
Corporate debt securities | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	17,756	11,151
Corporate debt securities | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	11,573	12,128
Corporate debt securities | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Other debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	25,090	25,216
Other debt securities | Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Other debt securities | Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	25,090	25,216
Other debt securities | Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 0	$ 0

Fair Value Disclosures (Finan_2

Fair Value Disclosures (Financial Assets and Liabilities at Fair Value Measured on Non-recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 3,833	$ 7,092
Other real estate owned	93	93
Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	3,833	7,092
Other real estate owned	$ 93	$ 93

Fair Value Disclosures (Narrati

Fair Value Disclosures (Narrative) (Details) $ in Thousands	Jun. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, recorded investment	$ 25,625	$ 16,886
Related Allowance	$ 125	$ 69
Level 3 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number of impaired loans | loan	7	12
Impaired loans, recorded investment	$ 4,000	$ 7,200
Related Allowance	$ 125	$ 69

Fair Value Disclosures (Fair Va

Fair Value Disclosures (Fair Value Qualitative Information) (Details) $ in Thousands	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Fair Value Qualitative Information [Line Items]
Impaired loans	$ 3,833	$ 7,092
Other real estate owned	$ 93	$ 93
Appraisal adjustments | Minimum
Fair Value Qualitative Information [Line Items]
Loans and leases, measurement input	0.005	0.001
Other real estate owned, measurement input	0.470	0.470
Appraisal adjustments | Maximum
Fair Value Qualitative Information [Line Items]
Loans and leases, measurement input	0.266	0.404
Appraisal adjustments | Weighted Average
Fair Value Qualitative Information [Line Items]
Loans and leases, measurement input	0.115	0.126
Other real estate owned, measurement input	0.470	0.470

Fair Value Disclosures (Estimat

Fair Value Disclosures (Estimated Fair Value of Financial Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 12,582	$ 14,842
Securities available for sale	151,661	155,782
Securities held to maturity	94,440	76,620
Securities held to maturity, fair value	97,567	78,223
Net loans	1,343,310	1,206,757
Interest rate lock derivative	354	159
Accrued interest receivable	5,740	4,945
Deposits	(1,409,392)	(1,277,362)
Accrued interest payable	(1,296)	(1,592)
Level 1 Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate lock derivative	0	0
Level 2 Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate lock derivative	354	159
Level 3 Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate lock derivative	0	0
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	12,582	14,842
Securities available for sale	151,661	155,782
Securities held to maturity	94,440	76,620
Loans held for sale	11,129	5,927
Net loans	1,343,310	1,206,757
SBA servicing asset	819	930
Interest rate lock derivative	354	159
Accrued interest receivable	5,740	4,945
FHLB stock	5,882	4,176
Deposits	(1,409,392)	(1,277,362)
Short-term borrowings	(107,250)	(92,050)
Redeemable subordinated debentures	(18,557)	(18,557)
Accrued interest payable	(1,296)	(1,592)
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, fair value	12,582	14,842
Securities available for sale	151,661	155,782
Securities held to maturity, fair value	97,567	78,223
Loans held for sale, fair value	11,424	6,093
Loans, net, fair value	1,385,404	1,243,088
SBA servicing asset	1,245	1,245
Interest rate lock derivative	354	159
Accrued interest receivable, fair value	5,740	4,945
FHLB stock	5,882	4,176
Deposits, fair value	(1,412,108)	(1,278,166)
Borrowings, fair value	(107,250)	(92,050)
Redeemable subordinated debentures	(10,808)	(12,837)
Accrued interest payable, fair value	(1,296)	(1,592)
Fair Value | Level 1 Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, fair value	12,582	14,842
Securities available for sale	17,756	11,151
Securities held to maturity, fair value	0	0
Loans held for sale, fair value	0	0
Loans, net, fair value	0	0
SBA servicing asset	0	0
Interest rate lock derivative	0	0
Accrued interest receivable, fair value	0	0
FHLB stock	0	0
Deposits, fair value	0	0
Borrowings, fair value	0	0
Redeemable subordinated debentures	0	0
Accrued interest payable, fair value	0	0
Fair Value | Level 2 Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, fair value	0	0
Securities available for sale	133,905	144,631
Securities held to maturity, fair value	97,567	78,223
Loans held for sale, fair value	11,424	6,093
Loans, net, fair value	0	0
SBA servicing asset	1,245	1,245
Interest rate lock derivative	354	159
Accrued interest receivable, fair value	5,740	4,945
FHLB stock	5,882	4,176
Deposits, fair value	(1,412,108)	(1,278,166)
Borrowings, fair value	(107,250)	(92,050)
Redeemable subordinated debentures	(10,808)	(12,837)
Accrued interest payable, fair value	(1,296)	(1,592)
Fair Value | Level 3 Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, fair value	0	0
Securities available for sale	0	0
Securities held to maturity, fair value	0	0
Loans held for sale, fair value	0	0
Loans, net, fair value	1,385,404	1,243,088
SBA servicing asset	0	0
Interest rate lock derivative	0	0
Accrued interest receivable, fair value	0	0
FHLB stock	0	0
Deposits, fair value	0	0
Borrowings, fair value	0	0
Redeemable subordinated debentures	0	0
Accrued interest payable, fair value	$ 0	$ 0

Leases (Narrative) (Details)

Leases (Narrative) (Details) - lease	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Lessee, Lease, Description [Line Items]
Number of operating leases		35
Weighted average remaining lease term	14 years 10 months 24 days
Weighted average discount rate	3.35%
Building
Lessee, Lease, Description [Line Items]
Number of operating leases		23
Building, Branch Offices
Lessee, Lease, Description [Line Items]
Number of operating leases		19
Building, General Office Space
Lessee, Lease, Description [Line Items]
Number of operating leases		4
Land
Lessee, Lease, Description [Line Items]
Number of operating leases	4
Office Equipment
Lessee, Lease, Description [Line Items]
Number of operating leases		10
Office Equipment | Minimum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract	3 years
Office Equipment | Maximum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract	5 years
Automobiles
Lessee, Lease, Description [Line Items]
Number of operating leases	2
Automobiles | Minimum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract	3 years
Automobiles | Maximum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract	5 years

Leases (Components of Lease Exp

Leases (Components of Lease Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Operating lease cost:
Fixed rent expense and equipment expense	$ 670	$ 492	$ 1,337	$ 976
Variable rent expense	0	0	0	0
Short-term lease expense	11	2	23	4
Sublease income	0	0	0	0
Net lease cost	681	494	1,360	980
Occupancy, Net
Operating lease cost:
Net lease cost	626	430	1,240	857
Other Expense
Operating lease cost:
Net lease cost	$ 55	$ 64	$ 120	$ 123

Leases (Summary of Cash and Non

Leases (Summary of Cash and Non-Cash Items) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 1,266	$ 868
Additions to ROU assets obtained from:
Net lease cost	0	0
New operating lease liabilities	$ 144	$ 412

Leases (Future Payments Under O

Leases (Future Payments Under Operating Leases) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Operating Lease, After Adoption of 842
Due in less than one year	$ 2,058		$ 1,832
Due in one year but less than two years	2,030		1,816
Due in two years but less than three years	2,021		1,788
Due in three years but less than four years	1,929		1,784
Due in four years but less than five years	1,766		1,687
Thereafter	14,243		12,865
Total future payments	24,047		21,772
Less: Implied interest	(6,011)		(5,751)
Total lease liability	$ 18,036	$ 18,617	$ 16,021