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4. Net Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Reconciliations of the amounts used in the computation of both basic earnings per common share and diluted earnings per common share

The reconciliation of the amounts used in the computation of both “basic earnings per common share” and “diluted earnings per common share” for the three and six months ended June 30, 2014 and 2013 is as follows:

 

For the three months ended June 30, 2014          
 

Net Earnings

Available to

Common

Shareholders

(Dollars in 

thousands)

  Common Shares  

Per Share

Amount

Basic earnings per common share $ 2,551   5,616,008   $ 0.45
Effect of dilutive securities:              
Stock options   -     25,471      
Diluted earnings per common share $ 2,551   5,641,479   $ 0.45
               
For the six months ended June 30, 2014              
 

Net Earnings

Available to

Common

Shareholders

(Dollars in

thousands)

  Common Shares  

Per Share

Amount

Basic earnings per common share $ 5,130   5,614,758   $ 0.91
Effect of dilutive securities:              
Stock options   -     22,432      
Diluted earnings per common share $ 5,130   5,637,190   $ 0.91

 

For the three months ended June 30, 2013          
 

Net Earnings

Available to

Common

Shareholders

(Dollars in

thousands)

  Common Shares  

Per Share

Amount

Basic earnings per common share $ 1,477   5,613,495   $ 0.26
Effect of dilutive securities:              
Stock options   -     5,589      
Diluted earnings per common share $ 1,477   5,619,084   $ 0.26
               
For the six months ended June 30, 2013              
 

Net Earnings

Available to

Common

Shareholders 

(Dollars in 

thousands)

  Common Shares  

Per Share

Amount

Basic earnings per common share $ 3,078   5,613,495   $ 0.55
Effect of dilutive securities:              
Stock options   -     5,185      
Diluted earnings per common share $ 3,078   5,618,680   $ 0.55