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Earnings per Common Share (Tables)
 3 Months Ended
Mar. 31, 2015
Earnings per Common Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The computations of basic earnings per common share follow:

 

 

 

 

 

 

 

 

(Dollars in thousands, except per share data)

Three Months Ended March 31,

 

2015

 

2014

Net Income

$
963 

 

$
1,511 

Less:  Dividends on Series B preferred stock

 
87 

 

 
87 

Net income available to common shareholders

$
876 

 

$
1,424 

 

 

 

 

 

 

Weighted average common shares outstanding

 
3,747,167 

 

 
3,494,408 

Basic earnings per common share

$
0.23 

 

$
0.41