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Dividends and Basic Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2015
Dividends and Basic Earnings Per Common Share [Abstract]  
Calculation of basic earnings per share
The following table calculates the basic earnings per common share for the three months ended March 31, 2015 and 2014.

(net income in thousands)
 
2015
  
2014
 
Net Income
 
$
6,403
  
$
6,282
 
Weighted Average Number of Common Shares Outstanding
  
785,366
   
777,882
 
Basic Earnings Per Common Share Amount
 
$
8.15
  
$
8.08