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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Activity under stock option plans
 
Three Months Ended June 30,
 
2017
 
2016
 
Shares
 
Weighted Average Exercise Price
 
Shares
 
Weighted Average Exercise Price
 
 
 
 
Balance, Beginning of Period
21,500

 
$23.57
 
26,000

 
$23.50
Options Granted

 
 

 
Options Exercised

 
 

 
Options Forfeited
(2,000
)
 
24.34
 
(1,000
)
 
23.49
Balance, End of Period
19,500

 
$23.49
 
25,000

 
$23.50


5. Stock-Based Compensation, Continued
 
Six Months Ended June 30,
 
2017
 
2016
 
Shares
 
Weighted Average Exercise Price
 
Shares
 
Weighted Average Exercise Price
 
 
 
 
Balance, Beginning of Period
21,500

 
$23.57
 
29,500

 
$23.55
Options Granted

 
 

 
Options Exercised

 
 

 
Options Forfeited
(2,000
)
 
24.34
 
(4,500
)
 
23.82
Balance, End of Period
19,500

 
$23.49
 
25,000

 
$23.50
 
 
 
 
 
 
 
 
Options Exercisable
19,100

 
 
 
20,700

 
 
 
 
 
 
 
 
 
 
Options Available For Grant
50,000

 
 
 
50,000

 
 

Options outstanding
At June 30, 2017, the Company had the following options outstanding:

Grant Date
 
Outstanding Options
 
Option Price
 
Expiration Date
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