| Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the six and three months ended ended June 30, 2012 and 2011 are as follows:
| (Dollars in thousands, except per share data) |
| |
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
June 30, |
|
|
June 30, |
|
| |
|
2012 |
|
|
2011 |
|
|
2012 |
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|
2011 |
|
| Basic earnings per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income as reported |
|
$ |
1,620 |
|
|
$ |
1,679 |
|
|
$ |
2,974 |
|
|
$ |
2,851 |
|
| Weighted average common shares outstanding |
|
|
2,838,892 |
|
|
|
2,830,978 |
|
|
|
2,838,393 |
|
|
|
2,829,983 |
|
| Basic earnings per common share |
|
$ |
0.57 |
|
|
$ |
0.59 |
|
|
$ |
1.05 |
|
|
$ |
1.01 |
|
| Diluted earnings per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income as reported |
|
$ |
1,620 |
|
|
$ |
1,679 |
|
|
$ |
2,974 |
|
|
$ |
2,851 |
|
| Weighted average common shares outstanding |
|
|
2,838,892 |
|
|
|
2,830,978 |
|
|
|
2,838,393 |
|
|
|
2,829,983 |
|
| Add: Dilutive effect of assumed stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| option exercises |
|
|
- |
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|
|
- |
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|
|
- |
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|
- |
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| Weighted average common and dilutive |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| potential common shares outstanding |
|
|
2,838,892 |
|
|
|
2,830,978 |
|
|
|
2,838,393 |
|
|
|
2,829,983 |
|
| Diluted earnings per common share |
|
$ |
0.57 |
|
|
$ |
0.59 |
|
|
$ |
1.05 |
|
|
$ |
1.01 |
|
|