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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Basic Earnings (Loss) Per Share

The following data show the amounts used in computing basic earnings per share.

 

(Dollars in thousands, except per share data)    2016      2015      2014  

Net Income

    $ 7,804      $ 6,528      $ 5,701  

Less:

         

Dividends on Series B preferred stock

      —          373        350  

Redemption premium on Series B preferred stock

      —          100        —    

Dividends on Series C preferred stock

      —          17        —    
  

 

 

     

 

 

     

 

 

  

Net income available to common shareholders

    $ 7,804      $ 6,038      $ 5,351  

Weighted average common shares outstanding

      4,229,284        4,106,548        3,495,705  

Basic earnings per common share

    $ 1.85      $ 1.47      $ 1.53