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Earnings per Common Share (Tables)
 3 Months Ended
Mar. 31, 2016
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,



2016

 

2015

Net Income

$

 1,805 

 

$

 963 

Less:  Dividends on Series B preferred stock

 

 -

 

 

 87 

Net income available to common shareholders

$

 1,805 

 

$

 876 



 

 

 

 

 

Weighted average common shares outstanding

 

 4,226,731 

 

 

 3,747,167 

Basic earnings per common share

$

 0.43 

 

$

 0.23