STOCK OPTIONS (Tables)

12 Months Ended

Dec. 31, 2015

Stock Options

Assumptions used in estimating fair value of stock options

	2015	2014
Dividend yield	0%	0%
Expected volatility	42.3% - 42.4%	44.3%
Expected life of option	Five Years	Five Years
Risk-free interest rate	1.4% - 1.5%	1.7%
Fair value of each option on grant date	$5.43 - $6.14	$ 11.49

Stock option activity

		Weighted
		Average
		Exercise
	Shares	Price
Outstanding at January 1, 2015	4,918	$	15.78
Granted	7,250		15.25
Exercised	—		—
Expired and forfeited	—		—
Outstanding at December 31, 2015	12,168	$	15.47
Exercisable at December 31, 2015	2,833	$	13.53

Restricted stock activity

		Weighted
		Average
	Shares	Price
Outstanding at January 1, 2014	—	$	—
Granted	3,000		28.25
Forfeited	3,000		28.25
Outstanding at December 31, 2014	—	$	—