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Dividends and Basic Earnings Per Common Share (Tables)
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2015 and 2014.

  
Three Months
Ended June 30
  
Six Months
Ended June 30,
 
(net income in thousands)
 
2015
  
2014
  
2015
  
2014
 
Net Income
 
$
6,749
  
$
6,104
  
$
13,152
  
$
12,386
 
Weighted Average Number of Common Shares Outstanding
  
785,782
   
777,882
   
785,575
   
777,882
 
Basic Earnings Per Common Share Amount
 
$
8.59
  
$
7.84
  
$
16.74
  
$
15.92