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Earnings Per Share (Tables)
12 Months Ended
Dec. 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 share computation follow:
 
 
 
For the year ended
 
(Dollar amounts in thousands, except for per share amounts)
 
December 31,
 
 
 
2015
 
2014
 
Earnings per common share - basic
 
 
 
 
 
 
 
Net income
 
$
4,154
 
$
4,017
 
Less:  Preferred stock dividends and discount accretion
 
 
75
 
 
100
 
Net income available to common stockholders
 
$
4,079
 
$
3,917
 
Average common shares outstanding
 
 
1,982,072
 
 
1,771,052
 
Basic earnings per common share
 
$
2.06
 
$
2.21
 
Earnings per common share - diluted
 
 
 
 
 
 
 
Net income available to common stockholders
 
$
4,079
 
$
3,917
 
Average common shares outstanding
 
 
1,982,072
 
 
1,771,052
 
Add: Dilutive effects of assumed exercises of restricted stock and stock options
 
 
6,551
 
 
8,820
 
Average shares and dilutive potential common shares
 
 
1,988,623
 
 
1,779,872
 
Diluted earnings per common share
 
$
2.05
 
$
2.20
 
Stock options and restricted stock awards not considered in computing diluted earnings per share because they were antidilutive
 
 
67,000
 
 
67,000