Earnings Per Share

12 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

21. Earnings Per Share

The factors used in the Corporation’s earnings per share computation follow:

	For the year ended December 31,
(Dollar amounts in thousands, except for per share amounts)	2011		2010
Earnings per common share – basic
Net income	$	3,833	$	3,069
Less: Preferred stock dividends and discount accretion		517		393
Net income available to common stockholders	$	3,316	$	2,676
Average common shares outstanding		1,677,225		1,444,725
Basic earnings per common share	$	1.98	$	1.85
Earnings per common share – diluted
Net income available to common stockholders	$	3,316	$	2,676
Average common shares outstanding		1,677,225		1,444,725
Add: Dilutive effects of assumed exercises of stock options		—		1,935
Average shares and dilutive potential common shares		1,677,225		1,446,660
Diluted earnings per common share	$	1.98	$	1.85
Stock options, restricted stock awards and warrants not considered in computing diluted earnings per share because they were antidilutive		116,500		155,111