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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Summary of earnings per share
  Three Months Ended
Sep., 30		 
($ in thousands - except per share data) 2017  2016 
       
Distributed earnings allocated to common shares $340  $295 
Undistributed earnings allocated to common shares  2,136   2,005 
         
Net earnings allocated to common shares  2,476   2,300 
Net earnings allocated to participating securities  3   3 
Dividends on convertible preferred shares  244   244 
         
Net Income allocated to common shares and participating securities $2,723  $2,547 
         
Weighted average shares outstanding for basic earnings per share  4,797   4,874 
Dilutive effect of stock compensation  70   47 
Dilutive effect of convertible shares  1,459   1,455 
         
Weighted average shares outstanding for diluted earnings per share  6,326   6,376 
         
Basic earnings per common share $0.52  $0.47 
         
Diluted earnings per common share $0.43  $0.40 

 

  Nine Months Ended 
Sep., 30		 
($ in thousands - except per share data) 2017  2016 
       
Distributed earnings allocated to common shares $999  $862 
Undistributed earnings allocated to common shares  5,294   4,868 
         
  Net earnings allocated to common shares  6,293   5,730 
  Net earnings allocated to participating securities  9   6 
  Dividends on convertible preferred shares  731   731 
         
Net Income allocated to common shares and participating securities $7,033  $6,467 
         
Weighted average shares outstanding for basic earnings per share  4,825   4,888 
Dilutive effect of stock compensation  73   41 
Dilutive effect of convertible shares  1,458   1,455 
         
Weighted average shares outstanding for diluted earnings per share  6,356   6,384 
         
Basic earnings per common share $1.31  $1.17 
         
Diluted earnings per common share $1.11  $1.01