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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Summary of earnings per share

		Three Months Ended Sep. 30,
($ in thousands - except per share data)		2016				2015
Distributed earnings allocated to common shares		$	295			$	246
Undistributed earnings allocated to common shares			2,005				1,773
Net earnings allocated to common shares			2,300				2,019
Net earnings allocated to participating securities			3				1
Dividends on convertible preferred shares			244				244
Net Income allocated to common shares and participating securities		$	2,547			$	2,264

Weighted average shares outstanding for basic earnings per share			4,874				4,884
Dilutive effect of stock compensation			47				55
Dilutive effect of convertible shares			1,455				1,451
Weighted average shares outstanding for diluted earnings per share			6,376				6,390

Basic earnings per common share		$	0.47			$	0.41
Diluted earnings per common share		$	0.40			$	0.35

		Nine Months Ended Sep. 30,
($ in thousands - except per share data)		2016				2015
Distributed earnings allocated to common shares		$	862			$	713
Undistributed earnings allocated to common shares			4,868				4,322
Net earnings allocated to common shares			5,730				5,035
Net earnings allocated to participating securities			6				4
Dividends on convertible preferred shares			731				712
Net Income allocated to common shares and participating securities		$	6,467			$	5,751

Weighted average shares outstanding for basic earnings per share			4,888				4,882
Dilutive effect of stock compensation			41				89
Dilutive effect of convertible shares			1,455				1,451
Weighted average shares outstanding for diluted earnings per share			6,384				6,422

Basic earnings per common share		$	1.17			$	1.03
Diluted earnings per common share		$	1.01			$	0.89