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Earnings Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

Note 15 - Earnings Per Share

 

(Dollars in thousands, except per share data)

 

    2015     2014     2013  
Basic                        
Net income   $ 5,743     $ 5,695     $ 5,094  
                         
Weighted average common shares outstanding     3,289,296       3,298,177       3,296,408  
                         
Basic earnings per common shares   $ 1.75     $ 1.73     $ 1.55  
                         
Diluted                        
Net income   $ 5,743     $ 5,695     $ 5,094  
                         
Weighted average common shares outstanding     3,289,296       3,298,177       3,296,408  
Plus dilutive stock options and restricted stock units     7,925       12,116       5,653  
                         
Weighted average common shares outstanding and potentially dilutive shares     3,297,221       3,310,293       3,302,061  
                         
Diluted earnings per common share   $ 1.74     $ 1.72     $ 1.54  

 

There were 30,000 stock options that were considered anti-dilutive to earnings per share as of December 31, 2015 and thus have been excluded from the calculations above. There were no stock options as of December 31, 2014 or 2013 considered to be anti-dilutive to earnings per share.