Earnings Per Share of Common Stock (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share of Common Stock

Schedule of basic and diluted earnings per share of common stock

	Three Months Ended March 31,
	2016		2015
	(Dollars in thousands, except share and per share)
Basic
Net income	$	633	$	1,298
Weighted average common shares outstanding	29,076,708		29,076,708
Earnings per common share - basic	$	0.02	$	0.04
Diluted
Net income	$	633	$	1,298
Weighted average common shares outstanding	29,076,708		29,076,708
Add: dilutive effects of assumed exercises of stock options	-		-
Weighted average common shares - fully dilutive	29,076,708		29,076,708
Earnings per common share - diluted	$	0.02	$	0.04