Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Schedule of stockholders equity of the company

	($000’s omitted except for share data)
	Common Stock														Accumulated
	Number of shares issued		Amount		Capital in excess of par value		Retained earnings		ESOT			Treasury stock			Other Comprehensive Loss			Total shareholders’ equity
Balance at December 31, 2014	2,614,506	$	523	$	14,068	$	9,176	$	(964	)	$	(1,909	)	$	(14	)	$	20,880
Net income	-		-		-		2,771		-			-			-			2,771
Purchase of treasury shares	-		-		-		-		-			(114	)		-			(114	)
Stock based compensation	-		-		11		-		-			79			-			90
Balance at March 31, 2015	2,614,506	$	523	$	14,079	$	11,947	$	(964	)	$	(1,944	)	$	(14	)	$	23,627

Schedule of earnings per share of the company

	Three Months Ended March 31,
	2015		2014
	($000’s omitted except per share data)
Net income (loss)	$	2,771	$	(145	)
Weighted average common shares outstanding (basic)		2,179		2,143
Incremental shares from assumed conversions of stock options		-		-
Unvested restricted stock		82		124
Weighted average common Shares outstanding (diluted)		2,261		2,267
Basic
Net income (loss) per share	$	1.27	$	(0.07	)
Diluted
Net income (loss) per share	$	1.23	$	(0.06	)