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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share.
 
(In thousands, except earnings per share)
 
 
Three Months Ended
 
 
 
March 31,
 
 
 
2017
 
2016
 
Net income
 
$
2,286
 
$
2,176
 
Weighted-average common shares outstanding
 
 
5,672
 
 
5,620
 
Basic earnings per share
 
$
0.40
 
$
0.39
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding
 
 
5,672
 
 
5,620
 
Common stock equivalents due to effect of stock options
 
 
2
 
 
2
 
Total weighted-average common shares and equivalents
 
 
5,674
 
 
5,622
 
Diluted earnings per share
 
$
0.40
 
$
0.39