Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Premises and Equipment Estimated Useful Lives

Depreciation expense is computed using the straight-line method over the following estimated useful lives:

 

Building and improvements

 10 - 40 years

Furniture and equipment

 5 - 10 years

Leasehold improvements

 18 years

Computer equipment

 3 years

Reconciliation of Components of Basic and Diluted Earnings Per Share

The reconciliation of the components of basic and diluted earnings per share is as follows:

 

     2014      2013      2012  

Net earnings available to common shareholders

    $ 5,403         4,006         2,057   
  

 

 

     

 

 

     

 

 

  

Weighted average common shares outstanding

   5,888,862      5,730,114      5,730,114   

Dilutive effect of stock options

   19,266      6,511      3,276   

Dilutive effect of performance share awards

   52,071      27,660      7,010   
  

 

 

     

 

 

     

 

 

  

Diluted common shares

   5,960,199      5,764,285      5,740,400   
  

 

 

     

 

 

     

 

 

  

Basic earnings per common share

 $ 0.92      0.70      0.36   

Diluted earnings per common share

 $ 0.91      0.69      0.36