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Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 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 and for the year ended December 31, 2016 were as follows: 

 

    Shares   Weighted-
Average
Exercise 
Price
  Weighted-
Average
Remaining 
Contractual 
Term
(In Years)
  Aggregate
Intrinsic Value
 
Outstanding at December 31, 2015     535,906   $ 6.48              
Granted     -     -              
Exercised     (136,429)     5.71              
Forfeited/cancelled/expired     (45,010)     10.59              
Outstanding at December 31, 2016     354,467   $ 6.26     2.67   $ 6,979,455  
Exercisable at December 31, 2016     350,937   $ 6.18     2.62   $ 6,938,024  
Schedule of Share Based Compensation Stock Option Plan Table Text Block

This amount changes based on the fair market value of the Parent Corporation’s stock.

 

Information related to stock option exercises
during 2016: 
  2016  
       
Intrinsic value of options exercised    $ 1,381,233  
Cash received from options exercised     767,189  
Tax benefit realized from options exercised     117,311
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

The below table represents information regarding restricted shares currently outstanding at December 31, 2016:

 

    Nonvested
Shares
  Weighted-
Average
Grant Date 
Fair Value
 
Nonvested at December 31, 2015     96,902   $ 16.81  
Granted     72,920     15.88  
Vested     (55,648)     16.01  
Forfeited/cancelled/expired     (2,901)     19.58  
Nonvested at December 31, 2016     111,273   $ 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:

 

    Units
(expected)
  Units
(maximum)
    Weighted-
Average
Grant Date 
Fair Value
 
Unearned at December 31, 2015     94,585   113,502 $ 19.46  
Awarded     64,434     77,3206 17.01  
               
Forfeited     (7,447)     (9,296) 19.46  
Expired     -     - -  
Unearned at December 31, 2016     151,572   181,526 $ 18.47