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Earnings Per Share | 12 Months Ended
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Dec. 31, 2014
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE 12 - EARNINGS PER SHARE The following table sets forth the computations of basic and diluted earnings per share:
| Years Ended December 31,
| 2014 |  | 2013 |  | 2012
| (In Thousands, Except Per Share Data
Numerator, net income | $ | 7,657 |  | $ | 8,465 |  | $ | 8,403
Denominator: |  |  |  |  |  |  |  |
Denominator for basic earnings per share, weighted |  |  |  |  |  |  |  |
average shares |  | 3,645 |  |  | 3,627 |  |  | 3,608
Effect of dilutive securities, employee stock options |  | 12 |  |  | 5 |  |  | 6
Denominator for diluted earnings per share, adjusted weighted average |  |  |  |  |  |  |  |
shares and assumed conversions |  | 3,657 |  |  | 3,632 |  |  | 3,614
Basic earnings per common share | $ | 2.10 |  | $ | 2.33 |  | $ | 2.33
Diluted earnings per common share | $ | 2.10 |  | $ | 2.33 |  | $ | 2.33
Stock options which had no intrinsic value because their effect would be anti-dilutive and therefore would not be included in the diluted EPS calculation were 12,500, 129,000, and 112,000 for the years ended December 31, 201 4, 201 3 and 201 2, respectively. All share and per share data have been restated to give retroactive effect to the 10% stock dividend paid in 2013.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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