XML 32 R109.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE - Calculation of earnings per share (Details) (Calculation of earnings per share, USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Calculation of earnings per share
     
Net income $ 4,083 $ 4,077 $ 4,112
Less: Preferred stock net accretion       (78)
Less: Preferred stock dividends declared (161) (216) (466)
Net income available to common shareholders 3,922 3,861 3,588
Less: Undistributed earnings allocated to participating securities (39)      
Net income allocated to common stock 3,883 3,861 3,588
Common shares issued 1,710 1,690 1,689
Less: Unvested restricted stock awards (19)      
Common shares outstanding used to calculate basic earnings per common share 1,691 1,690 1,689
Add: Dilutive effect of unvested restricted stock awards         
Common shares outstanding used to calculate diluted earnings per common share $ 1,691 $ 1,690 $ 1,689
Earnings per common share (basic and diluted) $ 2.30 $ 2.28 $ 2.12