Stock Compensation Plan (Tables)

12 Months Ended

Dec. 31, 2014

Stock Compensation Plan [Abstract]

Schedule of weighted-average assumptions used for stock options grants

	2014	2013	2012
Dividend yield	7.14%	6.67%	7.08%
Expected volatility	27.12%	32.37%	26.19%
Risk-free interest rate	2.23%	1.96%	1.11%
Expected lives	8	8	8
Estimated forfeitures	-0-	-0-	-0-

Schedule of stock option plans and changes in stock options

	2014		2013		2012
		Weighted-		Weighted-		Weighted-
		Average		Average		Average
		Exercise		Exercise		Exercise
	Shares	Price	Shares	Price	Shares	Price
Outstanding at beginning of year	1,093,000	$10.86	785,000	$11.71	750,000	$12.03
Granted	339,000	9.85	392,000	10.08	94,000	11.29
Exercised	(23,000)	7.28	-0-	-0-	(4,000)	7.56
Expired	(108,000)	14.52	(84,000)	15.51	(55,000)	15.58
Outstanding at end of year	1,301,000	10.34	1,093,000	10.86	785,000	11.71
Options exercisable at end of year	962,000		701,000		691,000
Weighted-average fair value of options granted during the year		$0.98		$1.42		$0.92

Summary of stock options outstanding

Date of Grant	Number of Employees	Number of Shares		Option Price	Expiration Date
01/03/07	1	44,200		15.51	01/03/15
01/03/07	1	5,800		17.06	01/03/15
07/16/07	12	51,000		14.21	07/16/15
09/20/07	2	7,000		13.19	09/20/15
01/08/08	1	42,300		11.79	01/08/16
01/08/08	1	7,700		12.97	01/08/16
09/25/08	11	33,000		7.55	09/25/16
01/07/09	1	14,000		7.12	01/07/17
01/07/09	1	61,000		6.47	01/07/17
06/22/09	12	43,000		7.57	06/22/17
01/08/10	1	10,900		9.13	01/08/18
01/08/10	1	14,100		8.30	01/08/18
07/27/10	12	80,000		11.40	07/27/18
07/05/11	11	74,000		11.16	07/05/19
08/29/12	14	88,000		11.29	08/29/20
02/28/13	1	10,000		10.02	02/28/21
06/26/13	23	376,000		10.08	06/26/21
06/11/14	25	339,000	*	9.85	06/11/22
		1,301,000

* Unexercisable

Schedule of nonvested restricted stock awards

	2014		2013		2012
		Weighted-		Weighted-		Weighted-
		Average		Average		Average
		Grant Date		Grant Date		Grant Date
	Shares	Fair Value	Shares	Fair Value	Shares	Fair Value
Non-vested at beginning of year	152,292	$10.77	187,470	$10.90	130,974	$11.14
Granted	25,000	9.31	-0-	-0-	75,000	10.72
Dividend Reinvested Shares	12,194	9.22	12,992	9.33	11,470	9.90
Vested	(52,140)	(10.77)	(48,170)	(10.90)	(29,974)	(11.10)
Non-vested at end of year	137,346	$10.37	152,292	$10.77	187,470	$10.90