Stock Based Compensation (Tables)

3 Months Ended

Mar. 31, 2013

Stock Based Compensation [Abstract]

Summary of the status of stock option plans

A summary of the status of the Corporation’s stock option plans as of March 31, 2013 and December 31, 2012, and changes during the periods ending on those dates is presented below:

	Three Months ended March 31, 2013					Year ended December 31, 2012
	Shares			Weighted- average exercise price		Shares			Weighted- average exercise price
Outstanding at beginning of period		581,888		$	4.62		587,342		$	4.68
Granted		0			0		0			0
Exercised		0			0		0			0
Forfeited		(316	)		2.51		(5,454	)		10.63
Expired		(16,518	)		16.13		0			0
Outstanding at end of period		565,054		$	4.29		581,888		$	4.62
Options exercisable at period end		456,473		$	4.76		395,233		$	5.70
Weighted-average fair value of options granted during the period				$	N/A				$	N/A

Summary of options outstanding

The following information applies to options outstanding at March 31, 2013:

	Options Outstanding								Options Exercisable
Range of Exercise Prices	Number Outstanding		Weighted- Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value(1)		Weighted- Average Exercise Price		Number Exercisable		Aggregate Intrinsic Value(1)		Weighted- Average Exercise Price
$1.90 – $2.51		470,371		7.0			$	2.39		361,790			$	2.41
$8.92		18,877		4.8				8.92		18,877				8.92
$11.36 – $14.16		43,473		3.1				13.69		43,473				13.69
$16.16 – $17.17		32,333		1.7				16.60		32,333				16.60
		565,054		6.4	$	463,186	$	4.29		456,473	$	347,856	$	4.76

(1) The intrinsic value is based on the difference of Camco Financial’s stock price on grant date and the stock price at March 31, 2013.

Summary of unvested options and changes during the year

A summary of unvested options as of, and changes during the period ended, March 31, 2013, were as follows:

	Number			Intrinsic Value
Unvested options:
Beginning of period		186,655		$	193,447
Granted		0			0
Forfeited		0			0
Vested during the period		(78,074	)		(78,118	)
Unvested options at March 31, 2013		108,581		$	158,329

Summary of restricted stock award activity

A summary of restricted stock award activity for the period is presented below:

	Non-vested Number of Shares			Weighted Average Grant Date Fair Value
Non-vested balance at December 31, 2012		219,989		$	2.39
Granted		171,819		$	3.47
Vested		(123,134	)	$	2.91
Non-vested balance at March 31, 2013		268,674		$	2.84