Earnings Per Share

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 18. Earnings Per Share

Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding. Diluted earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding and dilutive common share equivalents using the treasury stock method. Dilutive common share equivalents include common shares issuable upon exercise of outstanding stock options. The effect from the stock options on incremental shares from the assumed conversions for net income per share-basic and net income per share-diluted are presented below.

(Dollars in thousands, except share amounts)	2015		2014
Basic earnings per share computation:
Net income available to common stockholders	$	1,390	$	1,713
Average common shares outstanding – basic		3,985,220		2,963,589
Basic earnings per share	$	0.35	$	0.58
Diluted earnings per share computation:
Net income available to common stockholders	$	1,390	$	1,713
Average common shares outstanding – basic		3,985,802		2,963,589
Incremental shares from assumed conversions:
Stock options		296,307		329,898
Average common shares outstanding - diluted		4,281,527		3,293,487
Diluted earnings per share	$	0.32	$	0.52