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Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
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,
 
2017
 
2016
Earnings per common share - basic
 

 
 

 
 
 
 
Net income
$
956

 
$
802

 
 
 
 
Average common shares outstanding
2,152,358

 
2,144,808

 
 
 
 
Basic earnings per common share
$
0.44

 
$
0.37

 
 
 
 
Earnings per common share - diluted
 

 
 

 
 
 
 
Net income
$
956

 
$
802

 
 
 
 
Average common shares outstanding
2,152,358

 
2,144,808

Add: Dilutive effects of assumed issuance of restricted stock and exercise of stock options
15,656

 
8,817

 
 
 
 
Average shares and dilutive potential common shares
2,168,014

 
2,153,625

 
 
 
 
Diluted earnings per common share
$
0.44

 
$
0.37

 
 
 
 
Stock options not considered in computing earnings per share because they were antidilutive

 
67,000