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Retained Earnings (Tables)
12 Months Ended
Dec. 31, 2012
Retained Earnings [Abstract]  
Retained Earnings [Table Text Block]
The summary of the changes in Retained Earnings for the period January 1, 2010 through December 31, 2012, appears below:

(in thousands, except per share data)
 
2012
 
2011
 
2010
Balance, beginning of year
 
$
46,669

 
$
43,603

 
$
41,785

Net Income
 
13,640

 
11,300

 
9,798

Sub-total
 
60,309

 
54,903

 
51,583

Dividends declared:
 
 
 
 
 
 
Cumulative Preferred Stock, Series A, $0.80 per share
 
12

 
12

 
12

Cumulative Preferred Stock, Series $0.90, $0.90 per share
 
26

 
26

 
26

Common Stock:
 
 
 
 
 
 
$0.96, $0.94 and $0.92 per Common Share in 2012, 2011 and 2010, respectively
 
8,467

 
8,196

 
7,942

Total Dividends Declared
 
8,505

 
8,234

 
7,980

Balance, end of year
 
$
51,804

 
$
46,669

 
$
43,603