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Earnings per Share (Tables)
 3 Months Ended
Mar. 31, 2014
Earnings per Share [Abstract]  
Computation of earnings per share
The following table sets forth the computation of earnings per share.  Earnings per share calculations give retroactive effect to stock dividends declared by the Company.


 
 
Three months ended
 
March 31,
 
2014
2013
Net income applicable to common stock
$3,176,000
$3,287,000
     
Basic earnings per share computation
   
Weighted average common shares outstanding
                  3,012,204
                  3,033,716
Earnings per share - basic
$1.05
$1.08
     
Diluted earnings per share computation
   
Weighted average common shares outstanding for basic earnings per share
                  3,012,204
                  3,033,716
Add: Dilutive effects of restricted stock
                            194
                            449
Weighted average common shares outstanding for dilutive earnings per share
                  3,012,398
                  3,034,165
Earnings per share - dilutive
$1.05
$1.08