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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 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
June 30,
 
Six months ended
June 30,
  
 
2017
 
2016
 
2017
 
2016
  
 
(In thousands, except per share data)
Numerator:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Net income
 
$
1,389
 
 
$
1,362
 
 
$
2,737
 
 
$
95
 
Preferred stock dividends
 
 
 
 
 
 
 
 
 
 
 
(15
Net income available to common shareholders
 
$
1,389
 
 
$
1,362
 
 
$
2,737
 
 
$
80
 
Denominator:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Weighted average common shares outstanding (basic)
 
 
18,580
 
 
 
18,897
 
 
 
18,696
 
 
 
18,890
 
Effect of stock options
 
 
119
 
 
 
51
 
 
 
112
 
 
 
53
 
Weighted average common shares outstanding (diluted)
 
 
18,699
 
 
 
18,948
 
 
 
18,808
 
 
 
18,943
 
Earnings per common share:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Basic
 
$
0.07
 
 
$
0.07
 
 
$
0.15
 
 
$
0.00
 
Diluted
 
 
0.07
 
 
 
0.07
 
 
 
0.15
 
 
 
0.00