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Stockholders' Equity and Earnings per Common Share (Tables)
12 Months Ended
Dec. 31, 2012
Stockholders' Equity and Earnings Per Common Share [Abstract]  
Other Comprehensive Income
The following table presents the changes in accumulated other comprehensive income, by category, net of tax:


 
Unrealized Gains (Losses) on Securities
 
 
Defined Benefit Pension Plans
 
 
Accumulated Other Comprehensive Income (Loss)
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2010
 
$
(926
)
 
$
(1,643
)
 
$
(2,569
)
Net change for the year ended December 31, 2011
 
 
2,452
 
 
 
(232
)
 
 
2,220
 
Balance at December 31, 2011
 
 
1,526
 
 
 
(1,875
)
 
 
(349
)
 
 
 
 
 
 
 
 
 
 
 
 
Net change for the year ended December 31, 2012
 
 
466
 
 
 
(309
)
 
 
157
 
Balance at December 31, 2012
 
$
1,992
 
 
$
(2,184
)
 
$
(192
)

Computation of earnings per share
Earnings per common share has been computed based on the following:


 
Years Ended December 31,
 
 
2012
 
 
2011
 
 
(in thousands)
 
Net Income applicable to common stock
 
$
4,187
 
 
$
3,290
 
 
 
 
 
 
 
 
 
Average number of common shares outstanding
 
 
4,959
 
 
 
4,952
 
Effect of dilutive options
 
 
0
 
 
 
0
 
Average number of common shares outstanding used to
 
 
 
 
 
 
 
 
calculate diluted earnings per common share
 
$
4,959
 
 
$
4,952