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Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Schedule of calculations of basic and diluted earnings (loss) per share

		Three Months Ended March 31,
(dollars in thousands, except per share data)		2017				2016
Basic earnings per share:
Net income available to shareholders		$	2,100			$	1,998
Basic earnings per share		$	0.37			$	0.35
Diluted earnings per share:
Net income available to shareholders		$	2,100			$	1,998
Average shares outstanding			5,615,300				5,654,066
Effect of dilutive stock options			4,726				0
Average shares outstanding including dilutive stock options			5,620,026				5,654,066
Diluted earnings per share		$	0.37				0.35

Schedule of outstanding shares of the common stock

		Number of shares
		March 31,				December 31,				March 31,
		2017				2016				2016
Outstanding, beginning of year			5,616,607				5,441,190				5,441,190
Issuance of stock:
4% stock dividend			0				217,155				0
Purchase of treasury stock			(1,400	)			(41,738	)			(8,635	)
Outstanding, end of year			5,615,207				5,616,607				5,432,555