Note 14 - Earnings per Common Share

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 14 Earnings per Common Share

The following table reconciles the weighted average shares outstanding and net income for basic and diluted earnings per common share:

	Year ended December 31,
(Dollars in thousands, except per share data)	2014		2013		2012
Weighted average number of common shares outstanding used in basic earnings per common share calculation		4,060,404		4,001,288		3,946,314
Net dilutive effect of :
Options and warrant		507,856		266,391		0
Restricted stock awards		55,783		42,487		84,338
Weighted average number of common shares outstanding adjusted for effect of dilutive securities		4,624,043		4,310,166		4,030,652
Net income available to common shareholders	$	5,669		24,602		3,460
Basic earnings per common share	$	1.40		6.15		0.88
Diluted earnings per common share	$	1.23		5.71		0.86