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Payment of Dividends | 12 Months Ended
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Dec. 31, 2015
Payments of Dividends [Abstract] |
Payment of Dividends | Payment of Dividends On November 17, 2015, the Company's Board of Directors voted to pay an annual dividend of $0.30 per share which was paid on December 8, 2015 to holders of record on November 27, 2015 for a total of $2,618,000. In 2014, the Company paid a $0.30 cash dividend on December 9, 2014 for a total of $2,633,000 and in 2013, the Company paid a $0.26 cash dividend on December 3, 2013 for a total payment of $2,260,000. The Board presently plans to review at the end of each fiscal year the financial performance and capital needed to support future growth to determine the amount of cash dividend, if any, which is appropriate.

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