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Outstanding Shares and Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Outstanding Shares and Earnings Per Share [Abstract]  
Earnings Per Share
Basic and diluted earnings per share for the years ended December 31, were computed as follows:

 
 
(in thousands, except per share amounts)
 
 
 
2015
  
2014
  
2013
 
Basic  earnings per share:
 
  
  
 
Net income
 
$
6,921
  
$
5,870
  
$
5,384
 
Preferred stock dividend
  
(105
)
  
(129
)
  
(677
)
Net income available to common shareholders
 
$
6,816
  
$
5,741
  
$
4,707
 
 
            
Weighted average common shares outstanding
  
10,571,962
   
10,524,319
   
10,499,637
 
 
            
Basic earnings per share
 
$
0.64
  
$
0.55
  
$
0.45
 
 
            
Diluted earnings per share:
            
Net income
 
$
6,921
  
$
5,870
  
$
5,384
 
Preferred stock dividend
  
(105
)
  
(129
)
  
(677
)
Net income available to common shareholders
 
$
6,816
  
$
5,741
  
$
4,707
 
             
Weighted average common shares outstanding
  
10,571,962
   
10,524,319
   
10,499,637
 
 
            
Effect of dilutive shares
  
58,610
   
54,943
   
40,085
 
 
            
Adjusted weighted average common shares outstanding
  
10,630,572
   
10,579,262
   
10,539,722
 
 
            
Diluted earnings per share
 
$
0.64
  
$
0.54
  
$
0.45