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Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2017
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 March 31,
  
 
2017
 
2016
  
 
(In thousands, except per share data)
Numerator:
 
 
  
 
 
 
  
 
Net income
 
$
1,348
 
 
$
(1,267
) 
Preferred stock dividends
 
 
—
 
 
 
(15
) 
Net income available to common shareholders
 
$
1,348
 
 
$
(1,282
) 
Denominator:
 
 
  
 
 
 
  
 
Weighted average common shares outstanding (basic)
 
 
18,814
 
 
 
18,884
 
Effect of stock options
 
 
108
 
 
 
—
 
Weighted average common shares outstanding (diluted)
 
 
18,922
 
 
 
18,884
 
Earnings per common share:
 
 
  
 
 
 
  
 
Basic
 
$
0.07
 
 
$
(0.07
) 
Diluted
 
 
0.07
 
 
 
(0.07
)