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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 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
September 30,
 
Nine months ended
September 30,
  
 
2017
 
2016
 
2017
 
2016
  
 
(In thousands, except per share data)
Numerator:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Net income
 
$
1,551
 
 
$
1,065
 
 
$
4,288
 
 
$
1,160
 
Preferred stock dividends
 
 
 
 
 
 
 
 
 
 
 
(15
Net income available to common shareholders
 
$
1,551
 
 
$
1,065
 
 
$
4,288
 
 
$
1,145
 
Denominator:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Weighted average common shares outstanding (basic)
 
 
18,380
 
 
 
18,899
 
 
 
18,590
 
 
 
18,893
 
Effect of stock options
 
 
101
 
 
 
58
 
 
 
99
 
 
 
54
 
Weighted average common shares outstanding (diluted)
 
 
18,481
 
 
 
18,957
 
 
 
18,689
 
 
 
18,947
 
Earnings per common share:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Basic
 
$
0.08
 
 
$
0.06
 
 
$
0.23
 
 
$
0.06
 
Diluted
 
 
0.08
 
 
 
0.06
 
 
 
0.23
 
 
 
0.06