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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The calculated basic and dilutive EPS are as follows:
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
 
 
(Dollars in thousands, except per share data)
 
Numerator – Net Income
 
$
1,776
 
$
1,739
 
$
3,532
 
$
3,452
 
Denominators:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic average shares outstanding
 
 
6,140,839
 
 
5,920,475
 
 
6,134,000
 
 
5,952,732
 
Effect of dilutive common stock equivalents
 
 
108,714
 
 
115,532
 
 
108,418
 
 
110,134
 
Diluted average shares outstanding
 
 
6,249,553
 
 
6,036,007
 
 
6,242,418
 
 
6,062,866
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.29
 
$
0.29
 
$
0.58
 
$
0.58
 
Diluted
 
$
0.28
 
$
0.29
 
$
0.57
 
$
0.57