Earnings Per Common Share and Stock Dividend (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Common Share and Stock Dividend [Abstract]

Schedule of earnings per share reconciliation

		Three months ended June 30,				Six months ended June 30,
(dollars in thousands, except share data)		2013		2012		2013		2012
Numerator:
Net income		$	1,300	$	815	$	2,262	$	1,503
Less:	Preferred stock dividend		191		216		389		432
	Discount accretion		-		106		-		179
Add:	Redemption of preferred stock		-		96		20		96
Net income available to common shareholders		$	1,109	$	589	$	1,893	$	988
Denominator:
Weighted-average common shares outstanding - basic			4,269,097		4,225,993		4,265,714		4,224,308
Common stock equivalents			154,044		210,927		131,519		128,059
Weighted-average common shares outstanding - diluted			4,423,141		4,436,920		4,397,233		4,352,367
Earnings per common share:
Basic		$	0.26	$	0.14	$	0.44	$	0.23
Diluted		$	0.25	$	0.13	$	0.43	$	0.23