Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Benefit Plans

Summary of the activity in the Option Plan

	2013				2012
	Shares		Weighted average exercise price per share		Shares		Weighted average exercise price per share
Options outstanding at the beginning of the year	672,334		$	8.34	568,500		$	8.34
Granted	202,000		10.64		190,000		7.87
Exercised	(57,164	)	9.16		(60,662	)	6.33
Forfeited and expired	(3,500	)	5.91		(25,504	)	9.72
Options outstanding at the end of the year	813,670		$	8.86	672,334		$	8.34
Options exercisable at the end of the year	470,687				449,435
Weighted average remaining contractual life of options outstanding at end of year	6.0 Years				5.6 Years

Schedule of assumptions used for valuing options granted with the Black-Scholes model

	Year Ended December 31,
	2013	2012	2011
Expected volatility	22.2% - 25.82%	23.14%	16.49% - 38.47%
Expected term	10.0 Years	10.0 Years	10.0 Years
Expected dividends	None	None	None
Risk free rate	1.78% - 2.67%	1.57%	1.92% - 3.50%
Weighted-average grant date fair value	$3.93 - $5.87	$7.87	$1.80 - $3.47