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Earnings Per Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share

Note 15 - Earnings Per Share

 

(Dollars in thousands, except per share data)                  
    2016     2015     2014  
Basic                        
Net income   $ 6,090     $ 5,743     $ 5,695  
                         
Weighted average common shares outstanding     3,287,109       3,289,296       3,298,177  
                         
Basic earnings per common shares   $ 1.85     $ 1.75     $ 1.73  
                         
Diluted                        
Net income   $ 6,090     $ 5,743     $ 5,695  
                         
Weighted average common shares outstanding     3,287,109       3,289,296       3,298,177  
Plus dilutive stock options and restricted stock units     4,972       7,925       12,116  
                         
Weighted average common shares outstanding and potentially dilutive shares     3,292,081       3,297,221       3,310,293  
                         
Diluted earnings per common share   $ 1.85     $ 1.74     $ 1.72  

 

There were 30,000 stock options that were considered anti-dilutive to earnings per share as of December 31, 2016 and thus have been excluded from the calculations above. There were 30,000 stock options that were considered anti-dilutive to earnings per share as of December 31, 2015, and there were no stock options as of December 31, 2014 considered to be anti-dilutive to earnings per share.