Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Schedule of calculations of basic and diluted earnings (loss) per share

	Three Months Ended September 30,				Nine Months Ended September 30,
(dollars in thousands, except per share data)	2014		2013		2014		2013
Basic earnings per common share:
Net income	$	1,568	$	1,569	$	5,653	$	3,245
Less:
Preferred stock dividends and accretion of discount		0		0		0		615
Net income available to common shareholders	$	1,568	$	1,569	$	5,653	$	2,630
Basic earnings per share	$	0.30	$	0.30	$	1.08	$	0.50
Diluted earnings per common share:
Net income	$	1,568	$	1,569	$	5,653	$	3,245
Less:
Preferred stock dividends and accretion of discount		0		0		0		615
Net income available to common shareholders	$	1,568	$	1,569	$	5,653	$	2,630
Average shares outstanding		5,233,986		5,233,986		5,233,986		5,233,986
Effect of dilutive stock options		0		0		0		0
Average shares outstanding including dilutive stock options		5,233,986		5,233,986		5,233,986		5,233,986
Diluted earnings per share	$	0.30		0.30		1.08	$	0.50