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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2015
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
 
 
 
March 31,
 
 
 
2015
 
2014
 
Earnings per common share - basic
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
781
 
$
841
 
Less: Preferred stock dividends
 
 
25
 
 
25
 
 
 
 
 
 
 
 
 
Net income available to common stockholders
 
$
756
 
$
816
 
 
 
 
 
 
 
 
 
Average common shares outstanding
 
 
1,781,416
 
 
1,769,389
 
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.42
 
$
0.46
 
 
 
 
 
 
 
 
 
Earnings per common share - diluted
 
 
 
 
 
 
 
Net income available to common stockholders
 
$
756
 
$
816
 
 
 
 
 
 
 
 
 
Average common shares outstanding
 
 
1,781,416
 
 
1,769,389
 
Add: Dilutive effects of assumed issuance of restricted stock and exercise of stock options
 
 
11,550
 
 
13,043
 
 
 
 
 
 
 
 
 
Average shares and dilutive potential common shares
 
 
1,792,966
 
 
1,782,432
 
 
 
 
 
 
 
 
 
Diluted earnings per common share
 
$
0.42
 
$
0.46
 
 
 
 
 
 
 
 
 
Stock options not considered in computing earnings per share because they were antidilutive
 
 
67,000
 
 
67,000