Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2017

Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]

Summary of Information Regarding Stock Option Plans

Information regarding our stock option plans for the six months ended June 30, 2017 is as follows:

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	Number of Shares	Weighted Average Exercise Price per Share		Weighted Average Contractual Term	Aggregate Intrinsic Value
Options outstanding, beginning of year	69,123	$	11.10
Options outstanding, end of quarter	69,123	$	11.10	7.9	$	915,957
Options exercisable, end of quarter	22,405	$	10.69	7.7	$	305,968
Option price range at end of quarter	$9.97 to $12.83
Option price of exercisable shares	$9.97 to $12.83

Summary of Stock Option Assumptions

The following table summarizes information about stock option assumptions:

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	2016
Expected dividend yield	1.25	%
Expected volatility	22.72	%
Risk-free interest rate	1.71	%
Expected option life	7.5 years

Summary of Information Regarding Restricted Stock Activity

The summary of changes in unvested restricted stock awards for the six months ended June 30, 2017, is as follows:

	Number of Shares		Weighted Average Grant Date Fair Value
Unvested restricted stock, beginning of year	80,743		$	10.51
Granted	53,170		21.98
Forfeited	(3,235	)	11.27
Vested	(41,535	)	9.06
Unvested restricted stock, end of period	89,143		$	18.00