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Earnings and Cash Dividends per Common Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings and Cash Dividends per Common Share [Abstract]  
Earnings and cash dividends per common share
   
Three Months Ended June 30
  
Six Months Ended June 30
 
(Dollars in thousands, except share and earnings per share amounts)
 
2012
  
2011
  
2012
  
2011
 
Net Income
 $1,809  $2,694  $4,131  $4,836 
                  
Weighted average shares outstanding
  13,487,553   13,367,083   13,469,303   13,348,447 
Stock options (dilutive only)
  12,493   13,103   14,664   12,502 
Stock subscribed (ESPP)
  -   -   -   - 
Total dilutive shares outstanding
  13,500,046   13,380,186   13,483,967   13,360,949 
                  
Earnings per share:
                
    Basic and Diluted
 $0.13  $0.20  $0.31  $0.36 
                  
Dividends per share
 $0.14  $0.135  $0.28  $0.27 
Shares outstanding on record date
The number of shares outstanding as of the record date for the first and second quarters of 2012 and 2011, respectively, are as follows:

Shares outstanding on record date
 
2012
  
2011
 
First quarter (February 15)
  13,409,941   13,311,817 
Second quarter (May 15)
  13,479,677   13,358,971