XML 61 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The shares used in the calculation of basic and diluted earnings per share are shown below:
 
(Dollars in thousands, except per share amounts)
 
Three months ended
 
Nine months ended
 
 
 
September 30,
 
September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
Net earnings
 
$
2,174
 
$
1,285
 
$
5,950
 
$
4,134
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic (1)
 
 
3,174,799
 
 
3,082,625
 
 
3,166,312
 
 
3,074,655
 
Assumed exercise of stock options (1)
 
 
56,305
 
 
46,242
 
 
45,309
 
 
52,972
 
Weighted average common shares outstanding - diluted (1)
 
 
3,231,104
 
 
3,128,867
 
 
3,211,621
 
 
3,127,627
 
Net earnings per share (1):
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.68
 
$
0.42
 
$
1.88
 
$
1.34
 
Diluted
 
$
0.67
 
$
0.41
 
$
1.85
 
$
1.32
 
 
(1)
Share and per share values for the periods ended September 30, 2013 have been adjusted to give effect to the 5% stock dividend paid during December 2013.