Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2012

Stock-Based Compensation [Abstract]

Stock option plan activity

Stock option plan activity for the nine months ended September 30, 2012, is summarized below:

	Shares			Weighted  Average Exercise Price		Remaining Contractual Life (in years)		Aggregate Intrinsic Value (1)
Options outstanding, January 1		197,423		$	10.00		5.8
Granted		—			—
Forfeited		(59,341	)		9.46
Exercised		—			—
Expired		(17,222	)		15.34
Options outstanding, September 30		120,860			9.50		5.6	$	13,670
Options exercisable, September 30		120,860			9.50		5.6	$	13,670

(1) The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price of the option) that would have been received by the option holders had all option holders exercised their options on September 30, 2012. This amount changes based on changes in the market value of the Company’s common stock.