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Common Stock Dividend
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Common Stock Dividend
Common Stock Dividend

On September 23, 2014, the Company’s Board of Directors declared a one-percent (1%) stock dividend on the Company’s outstanding common stock. Based upon the number of outstanding common shares on the record date of October 10, 2014, 151,178 additional shares were issued to shareholders on October 22, 2014. Because the stock dividend was considered a “small stock dividend,” approximately $839,000 was transferred from retained earnings to common stock based upon the $5.55 closing price of the Company’s common stock on the declaration date of September 23, 2014. There were no fractional shares paid. Except for earnings-per-share calculations, shares issued for the stock dividend have been treated prospectively for financial reporting purposes. For purposes of earnings per share calculations, the Company’s weighted average shares outstanding and potentially dilutive shares used in the computation of earnings per share have been restated after giving retroactive effect to a 1% stock dividend to shareholders for all periods presented.

During the first quarter of 2014, the Company's Board of Director's issued a one-percent (1%) stock dividend on the Company's outstanding common stock. Approximately $854,000 was transferred from retained earnings to common stock and 147,946 additional shares were issued to shareholders. During the second quarter of 2014, the Company's Board of Director's issued a one-percent (1%) stock dividend on the Company's outstanding common stock. Approximately $831,000 was transferred from retained earnings to common stock and 149,448 additional shares were issued to shareholders.