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Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The shares used in the calculation of basic and diluted earnings per share are shown below:

		Three months ended
(Dollars in thousands, except per share amounts)		March 31,
		2013				2012
Net earnings		$	1,440			$	1,727
Weighted average common shares outstanding - basic (1)			2,922,719				2,921,967
Assumed exercise of stock options (1)			48,462				12,108
Weighted average common shares outstanding - diluted (1)			2,971,181				2,934,076
Net earnings per share (1):
Basic		$	0.49			$	0.59
Diluted		$	0.48			$	0.59

(1) Share and per share values for the period ended March 31, 2012 have been adjusted to give effect to the 5% stock dividend paid during December 2012.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations.

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