Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2014

Equity [Abstract]

Schedule of stockholders equity of the company

	Common Stock															Accumulated
	Number				Capital in											Other			Total
	of shares				excess of		Retained						Treasury			Comprehensive			Shareholders’
	issued		Amount		par value		earnings			ESOT			Stock			Loss			Equity
	($000’s omitted except for share data)
Balance December 31, 2012		2,614,506	$	523	$	13,987	$	11,771		$	(1,165	)	$	(1,765	)	$	(85	)	$	23,266
Net income		-		-		-		975			-			-			-			975
Retirement benefits adjustment		-		-		-		-			-			-			59			59
Compensation expense		-		-		-		-			100			-			-			100
Purchase of treasury shares		-		-		-		-			-			(607	)		-			(607	)
Stock based compensation		-		-		16		-			-			239			-			255
Cash dividend		-		-		-		(406	)		-			-			-			(406	)
Exercise of stock options, net of income tax benefit		-		-		21		(38	)		-			109			-			92
Balance December 31, 2013		2,614,506	$	523	$	14,024	$	12,302		$	(1,065	)	$	(2,024	)	$	(26	)	$	23,734
Net loss		-		-		-		(3,126	)		-			-			-			(3,126	)
Retirement benefits adjustment		-		-		-		-			-			-			12			12
Compensation expense		-		-		-		-			101			-			-			101
Purchase of treasury shares		-		-		-		-			-			(202	)		-			(202	)
Stock based compensation		-		-		44		-			-			317			-			361
Balance December 31, 2014		2,614,506	$	523	$	14,068	$	9,176		$	(964	)	$	(1,909	)	$	(14	)	$	20,880

Schedule of earnings per share of the company

	Year Ended
	December 31,
	2014			2013
	($000’s omitted except per share data)
Net (loss) income	$	(3,126	)	$	975
Weighted average common shares outstanding (basic)		2,267			2,266
Incremental shares from assumed conversions of stock options		-			1
Weighted average common shares outstanding (diluted)		2,267			2,267
Basic
Net (loss) income per share	$	(1.38	)	$	0.43
Diluted
Net (loss) income per share	$	(1.38	)	$	0.43

Schedule of options granted under employee plans

					Weighted
			Weighted		Average		Aggregate
			Average		Remaining		Intrinsic
	Options		Exercise		Contractual		Value
	Outstanding		Price ($)		Life		($)
Outstanding and exercisable as of December 31, 2012		21,000		4.70		3.00		65,100
Granted in 2013		-		-
Expired in 2013		5,000		4.70
Exercised in 2013		15,000		4.70
Outstanding and exercisable as of December 31, 2013		1,000		4.70		2.00		3,400
Outstanding and exercisable as of December 31, 2014		1,000		4.70		1.00		1,790

Schedule of summary of the status of restricted share awards granted

			Weighted Average
	Shares		Grant Date Fair Value
Restricted Share Activity:
Unvested at December 31, 2013		165,000	$	8.10
Granted in 2014		-
Forfeited in 2014		-
Vested in 2014		41,250
Unvested at December 31, 2014		123,750	$	8.10