Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Schedule of stockholders equity

					($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			ESOT			Treasury stock						Total shareholders’ equity
Balance at December 31, 2014		2,614,506	$	523		$	14,068	$	9,176		$	(964	)	$	(1,909	)	$	(14	)	$	20,880
Net income		-		-			-		3,392			-			-			-			3,392
Purchase of treasury shares		-		-			-		-			-			(114	)		-			(114	)
Dividend payable		-		-			-		(375	)		-			-			-			(375	)
Stock based compensation		-		-			23		-			-			157			-			180
Balance at June 30, 2015		2,614,506	$	523		$	14,091	$	12,193		$	(964	)	$	(1,866	)	$	(14	)	$	23,963

Schedule of earnings per share

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
	($000’s omitted except per share data)
Net income	$	621	$	447	$	3,392	$	302
Weighted average common shares outstanding (basic)		2,179		2,141		2,179		2,142
Incremental shares from assumed conversions of stock options		-		-		-		-
Unvested restricted stock		82		124		82		124
Weighted average common Shares outstanding (diluted)		2,261		2,265		2,261		2,266
Basic
Net income per share	$	0.28	$	0.21	$	1.56	$	0.14
Diluted
Net income per share	$	0.27	$	0.21	$	1.50	$	0.14