Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2017

Equity [Abstract]

Schedule of stockholders equity of the company

	Common Stock				($000's omitted except for share data)
																Accumulated
	Number				Capital in											Other			Total
	of shares				excess of		Retained						Treasury			Comprehensive			shareholders'
	issued		Amount		par value		earnings			ESOT			stock			Loss			equity
Balance at December 31, 2015		2,614,506	$	523	$	14,092	$	13,395		$	(863	)	$	(1,702	)	$	(3	)	$	25,442
Net income		-		-		-		1,753			-			-			-			1,753
Retirement benefits adjustment		-		-		-		-			-			-			(17	)		(17	)
Compensation expense		-		-		-		-			100			-			-			100
Purchase of treasury shares		-		-		-		-			-			(275	)		-			(275	)
Cash dividend		-		-		-		(380	)		-			-			-			(380	)
Stock based compensation net of tax benefit		-		-		68		-			-			426			-			494
Balance at December 31, 2016		2,614,506	$	523	$	14,160	$	14,768		$	(763	)	$	(1,551	)	$	(20	)	$	27,117
Net income		-		-		-		1,317			-			-			-			1,317
Retirement benefits adjustment		-		-		-		-			-			-			(12	)		(12	)
Compensation expense		-		-		-		-			101			-			-			101
Purchase of treasury shares		-		-		-		-			-			(195	)					(195	)
Cash dividend		-		-		-		(376	)		-			-			-			(376	)
Stock based compensation net of tax benefit		-		-		11		-			-			202			-			213
Balance at December  31, 2017		2,614,506	$	523	$	14,171	$	15,709		$	(662	)	$	(1,544	)	$	(32	)	$	28,165

Schedule of earnings per share of the company

	Years Ended
	December 31,
	2017		2016
	($000's omitted except for per share data)
Net Income	$	1,317	$	1,753
Weighted average common shares outstanding
(basic)		2,267		2,215
Unvested restricted stock		29		83
Weighted average common shares outstanding
(diluted)		2,296		2,298
Basic
Net income per share	$	0.58	$	0.79
Diluted
Net income per share	$	0.57	$	0.76

Schedule of summary of the status of restricted share awards granted

	Shares			Weighted Average Grant Date Fair Value
Restricted Share Activity:
Unvested at December 31, 2015		82,500		$	8.10
Granted in 2016		51,000		$	7.96
Forfeited in 2016		(9,000	)	$	8.03
Vested in 2016		41,250		$	8.10
Unvested at December 31, 2016		83,250		$	8.02
Granted in 2017		-			-
Forfeited in 2017		-			-
Vested in 2017		54,750		$	8.09
Unvested at December 31, 2017		28,500		$	7.96