Note 12 - Earnings per Common Share

6 Months Ended

Jun. 30, 2014

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 June 30,				Six Months Ended June 30,
(Dollars in thousands, except per share data)	2014		2013		2014		2013
Weighted average number of common shares outstanding used in basic earnings per common share calculation		4,053		3,991		4,046		3,993
Net dilutive effect of:
Options		478		285		488		176
Restricted stock awards		57		40		54		45
Weighted average number of shares outstanding adjusted for effect of dilutive securities		4,588		4,316		4,588		4,214
Income available to common shareholders	$	2,006		1,252		3,105		1,517
Basic earnings per common share	$	0.50		0.32		0.77		0.38
Diluted earnings per common share	$	0.44		0.30		0.68		0.36