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Stock Options (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
A summary of stock option activity is presented below:

 
 
March 31, 2017
 
March 31, 2016
 
 
Shares
 
Weighted Average Exercise Price
 
Shares
 
Weighted Average Exercise Price
Outstanding, beginning of year
 
26,500

 
$
42.03

 
34,750

 
$
42.03

Granted
 
70,000

 
44.21

 
—

 
—

Exercised
 
—

 
—

 
—

 
—

Forfeited
 
—

 
—

 
(2,250
)
 
42.03

Expired
 
—

 
—

 
—

 
—

Outstanding, end of year
 
96,500

 
$
43.61

 
32,500

 
$
42.03

 
 
 
 
 
 
 
 
 
Exercisable, end of year
 
—

 
$
—

 
—

 
$
—

Stock Options Granted
Date
 
Shares
 
Forfeited
 
Outstanding
 
Strike Price
 
Vesting Period
 
Expiration
March 24, 2017
 
46,250

 
—

 
46,250

 
$
44.21

 
3 years
 
10 years
March 24, 2017
 
23,750

 
—

 
23,750

 
44.21

 
5 years
 
10 years
August 27, 2015
 
38,750

 
(12,250
)
 
26,500

 
42.03

 
5 years
 
10 years