Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share Based Compensation [Text Block]

The following tables provide information on stock-based compensation expense for the first three and six months of 2012 and 2011.

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
(Dollars in thousands)	2012		2011		2012		2011
Stock-based compensation expense	$	44	$	68	$	141	$	137

	June 30,
(Dollars in thousands)	2012		2011
Unrecognized stock-based compensation expense	$	211	$	368
Weighted average period unrecognized expense is expected to be recognized		2.3 years		1.1 years

Schedule of Nonvested Share Activity [Table Text Block]

The following table summarizes restricted stock award activity for the Company under the 2006 Equity Plan for the six months ended June 30, 2012.

	Number			Weighted Average Grant
	of Shares			Date Fair Value
Nonvested at beginning of period		45,779		$	13.20
Granted		-			-
Vested		(39,231	)		12.92
Cancelled		-			-
Nonvested at end of period		6,548		$	14.89

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes stock option activity for the Company under the 2006 Equity Plan for the six months ended June 30, 2012.

			Weighted		Aggregate		Weighted Average
	Number		Average		Intrinsic		Grant Date
	of Shares		Exercise Price		Value		Fair Value
Outstanding at beginning of period		-	$	-			$	-
Granted		54,216		6.64				3.44
Exercised		-		-				-
Expired/Cancelled		-		-				-
Outstanding at end of period		54,216	$	6.64	$	-	$	3.44
Exercisable at end of period		-	$	-	$	-	$	-

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The following weighted average assumptions were used as inputs to the Black-Scholes valuation model for options granted in 2012.

Dividend yield	0.60%
Expected volatility	58.65%
Risk-free interest rate	1.69%
Expected contract life (in years)	5.83