Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

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

(Dollar amounts in thousands, except for per share amounts)	For the three months ended				For the nine months ended
	September 30,				September 30,
	2013		2012			2013	2012
Earnings per common share - basic
Net income	$	1,082	$	669	$	2,879	$	2,963
Less: Preferred stock dividends		115		118		365		368
Net income available to common stockholders	$	967	$	551	$	2,514	$	2,595
Average common shares outstanding		1,762,810		1,751,908		1,761,972		1,751,908
Basic earnings per common share	$	0.55	$	0.31	$	1.43	$	1.48
Earnings per common share - diluted
Net income available to common stockholders	$	967	$	551	$	2,514	$	2,595
Average common shares outstanding		1,762,810		1,751,908		1,761,972		1,751,908
Add: Dilutive effects of assumed exercises of restricted          stock and stock options		13,616		-		12,777		-
Average shares and dilutive potential common shares		1,776,426		1,751,908		1,774,749		1,751,908
Diluted earnings per common share	$	0.54	$	0.31	$	1.42	$	1.48
Stock options and restricted stock awards not considered in      computing diluted earnings per share because they were      antidilutive		67,000		84,000		67,000		84,000