(In thousands of dollars except per share data)

Three Months Ended

March 31,

2014

2013

Earnings per share

Net income

$

2,350

$

2,863

Preferred stock dividends and accretion of discount

0

209

Income available to common shareholders

$

2,350

$

2,654

Weighted average common shares outstanding (000)

8,086

8,016

Basic Earnings per Share

$

0.29

$

0.33

Earnings per share assuming dilution

Net income

$

2,350

$

2,863

Preferred stock dividends and accretion of discount

0

209

Income available to common shareholders

$

2,350

$

2,654

Weighted average common shares outstanding (000)

8,086

8,016

Add dilutive effect of assumed exercises of options

76

48

Weighted average common and dilutive potential common shares outstanding (000)

8,162

8,064

Diluted Earnings per Share

$

0.29

$

0.33