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Earnings per Common Share (Tables)
 6 Months Ended
Jun. 30, 2016
Earnings per Common Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The computations of basic earnings per common share are as follows:









 

 

 

 

 

 

 

 

 

 

 

 



(Dollars in thousands, except per share data)

Three Months Ended June 30,

 

Six Months Ended June 30,



 

2016

 

2015

 

2016

 

2015



Net Income

$

 2,022 

 

$

 2,044 

 

$

 3,827 

 

$

 3,007 



Less:  Dividends on Series B preferred stock

 

 -

 

 

 88 

 

 

 -

 

 

 175 



         Dividends on Series C preferred stock

 

 -

 

 

 4 

 

 

 -

 

 

 4 



Net income available to common shareholders

$

 2,022 

 

$

 1,952 

 

$

 3,827 

 

$

 2,828 



 

 

 

 

 

 

 

 

 

 

 

 



Weighted average common shares outstanding

 

 4,227,992 

 

 

 4,222,704 

 

 

 4,227,362 

 

 

 3,986,249 



Basic earnings per common share

$

 0.48 

 

$

 0.46 

 

$

 0.91 

 

$

 0.71