Stock Based Compensation (Tables)

9 Months Ended

Sep. 30, 2016

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

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

Option activity under the Company’s option plans as of September 30, 2016 and changes during the nine months ended September 30, 2016 were as follows:

					Weighted-
					Average
			Weighted-		Remaining
			Average		Contractual
			Exercise		Term	Aggregate
	Shares		Price		(In Years)	Intrinsic Value
Outstanding at December 31, 2015	535,906		$	6.48
Granted	-			-
Exercised	(38,735	)		6.32
Forfeited/cancelled/expired	(45,010	)		10.59
Outstanding at September 30, 2016	452,161		$	6.09	2.51	$	5,412,898
Exercisable at September 30, 2016	448,631		$	6.02	2.47	$	4,674,682

Schedule of Share Based Compensation Stock Option Plan Table Text Block

Information related to stock option exercises during 2016:

	2016
Intrinsic value of options exercised	$	398,890
Cash received from options exercised		244,625
Tax benefit realized from options exercised		53,631
Weighted average fair value of options granted		n/a

Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

The below table represents information regarding restricted shares currently outstanding at September 30, 2016:

			Weighted-
			Average
	Nonvested		Grant Date
	Shares		Fair Value
Nonvested at December 31, 2015	96,902		$	16.81
Granted	72,920			15.88
Vested	(55,648	)		16.01
Forfeited/cancelled/expired	(1,000	)		19.58
Nonvested at September 30, 2016	113,174		$	16.81

Schedule of Unearned Performance Unit Awards [Table Text Block]

A summary of the status of unearned performance unit awards and the change during the period is presented in the table below:

			Weighted-
			Average
			Grant Date
	Units		Fair Value
Unearned at December 31, 2015	94,585		$	19.46
Awarded	59,138			17.01
Forfeited	(7,447	)		19.46
Expired	-			-
Unearned at September 30, 2016	146,276		$	18.47