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Share-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock option activity
A summary of the combined activity of the Company’s Stock Option Compensation Plans for the nine month periods ended September 30, 2016 follows (in thousands, except per share amounts): 
 
 
Shares
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic Value (In thousands)
Options outstanding at January 1, 2016
 
240,695

 
$
6.83

 
 
 
 

Options exercised
 
(32,050
)
 
$
6.50

 
 
 
 

Options forfeited
 
(3,090
)
 
$
8.80

 
 
 
 

Options outstanding at September 30, 2016
 
205,555

 
$
6.87

 
3.53
 
$
1,847

Options vested or expected to vest at September 30, 2016
 
204,655

 
$
6.87

 
3.52
 
$
1,840

Options exercisable at September 30, 2016
 
190,135

 
$
6.78

 
3.33
 
$
1,726



Information related to the stock option plan is as follows (in thousands):
 
 
For the Nine Months
Ended September 30,
 
 
2016
 
2015
Intrinsic value of options exercised
 
$
197

 
$
26

Cash received from options exercised
 
$
208

 
$

Excess tax benefit realized for option exercises
 
$
19

 
$

Restricted common stock activity
The following table summarizes restricted stock activity for the nine month period ended September 30, 2016 as follows: 
 
 
Shares
 
Weighted
Average
Grant-Date Fair Value
Nonvested outstanding shares at January 1, 2016
 
53,028

 
$
12.34

Granted
 
54,650

 
$
14.10

Vested
 
(12,438
)
 
$
12.38

Forfeited
 
(1,619
)
 
$
12.95

Nonvested outstanding shares at September 30, 2016
 
93,621

 
$
13.35