STOCK COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2017

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Option Activity in Plans

A summary of option activity in the plans is as follows:

	For the three months ended
	March 31, 2017
				Weighted		Aggregate
				average		intrinsic value
	Shares			exercise price		(in thousands)
Outstanding at beginning of year		371,218		$	2.55
Granted		—
Exercised		(500	)		1.30
Forfeited and expired		—			—
Outstanding at end of period		370,718			2.55	$	2,147
Shares subject to options exercisable at end of period		366,292			2.51	$	2,134

Information Related to Stock Options

Information related to stock options for the three months ended March 31, 2017 and 2016 follows:

	March 31, 2017		March 31, 2016
Intrinsic value of options exercised	$	4,000	$	34,000
Cash received from option exercises		1,000		11,000
Tax benefit realized from option exercises		—		—
Weighted average fair value of options granted, per share	$	—	$	—

Summary of Changes in Company's Nonvested Restricted Shares

A summary of changes in the Company’s nonvested restricted shares for the three months ended March 31, 2017 is as follows:

	For the three months ended
	March 31, 2017
				Weighted
				average
				grant date
	Shares			fair value
Nonvested at beginning of year		341,184		$	5.50
Granted		61,436		$	8.67
Vested		(82,118	)	$	5.26
Forfeited		—		$	—
Nonvested shares at end of period		320,502		$	6.17