Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Tabular disclosure of calculation of both basic and diluted earnings per common share [Table Text Block]

The following table presents the calculation of both basic and diluted earnings per common share for the three months ended March 31, 2015 and 2014:

	Three months ended
	March 31,
(in thousands, except share data)	2015		2014
Net income	$	3,475	$	3,513
Basic weighted-average number of common shares outstanding		16,490,111		16,471,569
Plus: Common share equivalents		-		866
Diluted weighted-average number of common shares outstanding		16,490,111		16,472,435
Income per common share:
Basic	$	0.21	$	0.21
Diluted	$	0.21	$	0.21