Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2015

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

Schedule of Share-based Compensation [Table Text Block]

The following tables provide information on stock-based compensation expense for the three and nine months ended September 30, 2015 and 2014.

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
(Dollars in thousands)	2015		2014		2015		2014
Stock-based compensation expense	$	41	$	30	$	232	$	79
Excess tax expense related to stock-based compensation		3		-		3		-

	September 30,
(Dollars in thousands)	2015		2014
Unrecognized stock-based compensation expense	$	55	$	92
Weighted average period unrecognized expense is expected to be recognized		0.4 years		1.0 years

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

The following table summarizes restricted stock award activity for the Company under the 2006 Equity Plan for the nine months ended September 30, 2015 and 2014.

	Number	Weighted Average Grant
September 30, 2015	of Shares	Date Fair Value
Nonvested at beginning of period	14,251	$	8.33
Granted	11,915		9.19
Vested	(13,678)		8.90
Cancelled	-		-
Nonvested at end of period	12,488	$	8.74

	Number	Weighted Average Grant
September 30, 2014	of Shares	Date Fair Value
Nonvested at beginning of period	13,930	$	8.33
Granted	3,654		9.57
Vested	(3,333)		8.93
Cancelled	-		-
Nonvested at end of period	14,251	$	8.51

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 nine months ended September 30, 2015 and 2014.

		Weighted
	Number	Average
September 30, 2015	of Shares	Exercise Price
Outstanding at beginning of period	27,108	$	6.64
Granted	34,219		9.18
Exercised	-		-
Expired/Cancelled	-		-
Outstanding at end of period	61,327	$	8.05
Exercisable at end of period	27,108	$	6.64

		Weighted
	Number	Average
September 30, 2014	of Shares	Exercise Price
Outstanding at beginning of period	40,662	$	6.64
Granted	-		-
Exercised	-		-
Expired/Cancelled	-		-
Outstanding at end of period	40,662	$	6.64
Exercisable at end of period	20,331	$	6.64

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 2015.

Dividend yield	0	%
Expected volatility	32	%
Risk-free interest rate	1.97	%
Expected contract life (in years)	7 years