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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 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
 
 
 
June 30,
 
 
 
2017
 
2016
 
Net income
 
$
1,919
 
$
2,491
 
Weighted-average common shares outstanding
 
 
5,683
 
 
5,633
 
Basic earnings per share
 
$
0.34
 
$
0.44
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding
 
 
5,683
 
 
5,633
 
Common stock equivalents due to effect of stock options
 
 
2
 
 
2
 
Total weighted-average common shares and equivalents
 
 
5,685
 
 
5,635
 
Diluted earnings per share
 
$
0.34
 
$
0.44
 
 
(In thousands, except earnings per share)
 
Six Months Ended
 
 
 
June 30,
 
 
 
2017
 
2016
 
Net income
 
$
4,205
 
$
4,667
 
Weighted-average common shares outstanding
 
 
5,678
 
 
5,627
 
Basic earnings per share
 
$
0.74
 
$
0.83
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding
 
 
5,678
 
 
5,627
 
Common stock equivalents due to effect of stock options
 
 
2
 
 
2
 
Total weighted-average common shares and equivalents
 
 
5,680
 
 
5,629
 
Diluted earnings per share
 
$
0.74
 
$
0.83