XML 39 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings per Common Share (Tables)
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The computations of basic earnings per common share follow:

 

(Dollars in thousands, except per share data)

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Net Income

$

1,901

 

 

$

1,894

 

 

$

5,728

 

 

$

4,901

 

Less:  Dividends on Series B preferred stock

 

-

 

 

 

88

 

 

 

-

 

 

 

263

 

Dividends on Series C preferred stock

 

-

 

 

 

4

 

 

 

-

 

 

 

8

 

Net income available to common shareholders

$

1,901

 

 

$

1,802

 

 

$

5,728

 

 

$

4,630

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

4,230,181

 

 

 

4,224,040

 

 

 

4,228,308

 

 

 

4,066,384

 

Basic earnings per common share

$

0.45

 

 

$

0.43

 

 

$

1.35

 

 

$

1.14