XML 32 R31.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 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 September 30,

 

Nine Months Ended September 30,

 

2015

 

2014

 

2015

 

2014

Net Income

$

1,894 

 

$

1,595 

 

$

4,901 

 

$

4,813 

Less:  Dividends on Series B preferred stock

 

88 

 

 

88 

 

 

263 

 

 

263 

         Dividends on Series C preferred stock

 

 

 

 -

 

 

 

 

 -

Net income available to common shareholders

$

1,802 

 

$

1,507 

 

$

4,630 

 

$

4,550 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

4,224,040 

 

 

3,496,063 

 

 

4,066,384 

 

 

3,495,293 

Basic earnings per common share

$

0.43 

 

$

0.43 

 

$

1.14 

 

$

1.30