Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Activity under stock option plans

	Three Months Ended September 30,
	2016			2015
	Shares		Weighted Average Exercise Price	Shares	Weighted Average Exercise Price
Balance, Beginning of Period	25,000		$23.50	29,500	$23.55
Options Granted	—		—	—	—
Options Exercised	—		—	—	—
Options Forfeited	(3,500	)	23.03	—	—
Balance, End of Period	21,500		$23.57	29,500	$23.55

5. Stock-Based Compensation, Continued

	Nine Months Ended September 30,
	2016			2015
	Shares		Weighted Average Exercise Price	Shares		Weighted Average Exercise Price
Balance, Beginning of Period	29,500		$23.55	47,500		$22.41
Options Granted	—		—	—		—
Options Exercised	—		—	—		—
Options Forfeited	(8,000	)	23.47	(18,000	)	20.55
Balance, End of Period	21,500		$23.57	29,500		$23.55
Options Exercisable	17,800			21,100
Options Available For Grant	50,000			50,000

Options outstanding

At September 30, 2016, the Company had the following options outstanding:

Grant Date	Outstanding Options	Option Price	Expiration Date
05/24/07	2,000	$24.34	05/24/17
07/09/07	1,000	$24.61	07/09/17
10/01/07	2,000	$24.28	10/01/17
01/01/08	12,000	$23.49	01/01/18
05/19/08	2,500	$22.91	05/19/18
07/01/08	2,000	$22.91	07/01/18