Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2013

Equity [Abstract]

Schedule of stockholders equity of the company

	($000’s omitted except for share data)
	Common stock															Accumulated Other Comprehensive Loss
	Number of shares issued		Amount		Capital in excess of par value		Retained earnings			ESOP			Treasury Stock						Total Shareholders’ Equity
Balance December 31, 2012		2,614,506	$	523	$	13,987	$	11,771		$	(1,165	)	$	(1,765	)	$	(85	)	$	23,266
Net income		-		-		-		1,039			-			-			-			1,039
Purchase of treasury shares		-		-		-		-			-			(371	)		-			(371	)
Cash dividend		-		-		-		(406	)		-			-			-			(406	)
Stock based compensation		-		-		-		-			-			165			-			165
Exercise of stock options, net of tax benefit		-		-		21		(38	)		-			109			-			92
Balance September 30, 2013		2,614,506	$	523	$	14,008	$	12,366		$	(1,165	)	$	(1,862	)	$	(85	)	$	23,785

Schedule of earnings per share of the company

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2013		2012			2013		2012
	($000’s omitted except per share data)
Income from continuing operations	$	358	$	306		$	1,039	$	1,346
Loss from discontinued operations		-		(450	)		-		(1,121	)
Net income (loss)	$	358	$	(144	)	$	1,039	$	225
Weighted average common shares outstanding (basic)		2,305		2,146			2,259		2,125
Incremental shares from assumed conversions of stock options		-		6			1		19
Weighted average common shares outstanding (diluted)		2,305		2,152			2,260		2,144
Basic
Income per share from continuing operations	$	0.16	$	0.14		$	0.46	$	0.63
Loss per share from discontinued operations		-		(0.21	)		-		(0.53	)
Total net income (loss) per share	$	0.16	$	(0.07	)	$	0.46	$	0.10
Diluted
Income per share from continuing operations	$	0.16	$	0.14		$	0.46	$	0.63
Loss per share from discontinued operations		-		(0.21	)		-		(0.52	)
Total net income (loss) per share	$	0.16	$	(0.07	)	$	0.46	$	0.11