Note 12 - Earnings (Loss) per Common Share

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

(12)Earnings per Common Share

The following table reconciles the weighted average shares outstanding and the earnings available to common shareholders used for basic and diluted earnings per share:

	Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars in thousands, except per share data)	2013		2012		2013		2012
Weighted average number of common shares outstanding used in basic earnings per common share calculation		4,000		3,957		3,996		3,936
Net dilutive effect of:
Options		310		0		221		0
Restricted stock awards		31		79		40		91
Weighted average number of shares outstanding adjusted for effect of dilutive securities		4,341		4,036		4,257		4,027
Income available to common shareholders	$	5,511		170		7,028		2,444
Basic earnings per common share	$	1.38		0.04		1.76		0.62
Diluted earnings per common share	$	1.27		0.04		1.65		0.61