Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Schedule of stockholders equity of the company

	($000’s omitted except for share data)
	Common stock																Accumulated
	Number of shares issued		Amount		Capital in excess of par value		Retained earnings			ESOT			Treasury stock			Other Comprehensive Loss			Total Shareholders’ Equity
Balance December 31, 2013		2,614,506	$	523	$	14,024	$	12,302		$	(1,065	)	$	(2,024	)	$	(26	)	$	23,734
Net loss		-		-		-		(2,999	)		-			-			-			(2,999	)
Purchase of treasury shares		-		-		-		-			-			(189	)		-			(189	)
Stock based compensation		-		-		32		-			-			239			-			271
Balance September 30, 2014		2,614,506	$	523	$	14,056	$	9,303		$	(1,065	)	$	(1,974	)	$	(26	)	$	20,817

Schedule of earnings per share of the company

	Three Months Ended September 30,					Nine Months Ended September 30,
	2014			2013		2014			2013
		($000’s omitted except per share data)
Net (loss) income	$	(3,301	)	$	358	$	(2,999	)	$	1,039
Weighted average common shares outstanding (basic)		2,262			2,305		2,265			2,259
Incremental shares from assumed conversions of stock options		-			-		-			1
Weighted average common shares outstanding (diluted)		2,262			2,305		2,265			2,260
Basic
Net (loss) income per share	$	(1.46	)	$	0.16	$	(1.32	)	$	0.46
Diluted
Net (loss) income per share	$	(1.46	)	$	0.16	$	(1.32	)	$	0.46