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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Table Text Block]



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Years Ended December 31,



 2016 

 

 2015 

 

 2014 



(In Thousands, Except Per Share Data)



 

 

 

 

 

 

 

 

Numerator, net income

$

 6,711 

 

$

 5,908 

 

$

 7,657 



 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 3,877 

 

 

 3,682 

 

 

 3,645 

Less:  Weighted average unvested restricted shares

 

 (14)

 

 

 (9)

 

 

 -

Denominator:  Basic earnings per share

 

 3,863 

 

 

 3,673 

 

 

 3,645 



 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 3,863 

 

 

 3,682 

 

 

 3,645 

Add:  Dilutive effect of stock options

 

 22 

 

 

 9 

 

 

 12 

Denominator:  Diluted earnings per share

 

 3,885 

 

 

 3,691 

 

 

 3,657 



 

 

 

 

 

 

 

 

Basic earnings per common share

$

 1.74 

 

$

 1.60 

 

$

 2.10 



 

 

 

 

 

 

 

 

Diluted earnings per common share

$

 1.73 

 

$

 1.60 

 

$

 2.10