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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Common Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Dividends on preferred shares are deducted from net income in the calculation of earnings per common share.
 
 
 
 
 
 
Three months ended
June 30,
 
Six months ended
June 30,
  
 
2016
 
2015
 
2016
 
2015
  
 
(In thousands, except per share data)
Numerator:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Net income
 
$
1,362
 
 
$
1,421
 
 
$
95
 
 
$
2,790
 
Preferred stock dividends
 
 
 
 
 
(52
 
 
(15
 
 
(105
Net income available to common shareholders
 
$
1,362
 
 
$
1,369
 
 
$
80
 
 
$
2,685
 
Denominator:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Weighted average common shares outstanding (basic)
 
 
18,897
 
 
 
18,859
 
 
 
18,890
 
 
 
18,855
 
Effect of stock options
 
 
51
 
 
 
82
 
 
 
53
 
 
 
68
 
Weighted average common shares outstanding (diluted)
 
 
18,948
 
 
 
18,941
 
 
 
18,943
 
 
 
18,923
 
Earnings per common share:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Basic
 
$
0.07
 
 
$
0.07
 
 
$
0.00
 
 
$
0.14
 
Diluted
 
 
0.07
 
 
 
0.07
 
 
 
0.00
 
 
 
0.14