Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of income tax provision for income taxes from continuing operations

	2016			2015
	($000’s omitted)
Current:	$	691		$	387
Federal		(1	)		3
State		690			390
Deferred:		27			1,741
Federal		-			-
State		27			1,741
	$	717		$	2,131

Schedule of the reconciliation of effective tax rate from continuing operations and the federal statutory income tax rate

	2016			2015
Federal statutory rate		34.0	%		34.0	%
Business credits		(2.2	%)		(1.8	%)
ESOP dividend		(1.2	%)		(0.4	%)
Domestic production activities deduction		(1.9	%)		(0.2	%)
Other		0.3	%		0.1	%
Effective tax rate		29.0	%		31.7	%

Schedule of deferred tax assets (liabilities)

	2016			2015
	($000s omitted)
Deferred tax assets:
Inventories	$	604		$	665
Accrued employees compensation and benefits costs		696			612
Accrued arbitration award and related liability		160			160
Net operating loss and credit carryforwards		244			388
Other		49			52
Minimum pension liability		10			2
Total deferred tax assets		1,763			1,879
Valuation allowance		(253	)		(397	)
Net deferred tax asset		1,510			1,482
Deferred tax liabilities:
Property, plant and equipment		(1,019	)		(972	)
Total deferred tax liabilities		(1,019	)		(972	)
Net deferred tax asset	$	491		$	510