Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2017

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

Activity under stock option plans

	Three Months Ended September 30,
	2017			2016
	Shares		Weighted Average Exercise Price	Shares		Weighted Average Exercise Price
Balance, Beginning of Period	19,500		$23.49	25,000		$23.50
Options Forfeited	(1,000	)	24.61	(3,500	)	23.03
Balance, End of Period	18,500		$23.43	21,500		$23.57

5. Stock-Based Compensation, Continued

	Nine Months Ended September 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 Forfeited	(3,000	)	24.43	(8,000	)	23.47
Balance, End of Period	18,500		$23.43	21,500		$23.57
Options Exercisable	18,500			17,800
Options Available For Grant	50,000			50,000

Options outstanding

At September 30, 2017, the Company had the following options outstanding:

Grant Date	Outstanding Options	Option Price	Expiration Date
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	05/18/18
07/01/08	2,000	$22.91	07/01/18