XML 38 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Options Outstanding
The following table summarizes the Corporation's stock options outstanding at June 30, 2014:
 
Outstanding
 
Exercisable
 
Number
 
Weighted Average
Remaining
Contractual Life
(Years)
 
Number
 
Weighted Average
Exercise Price
Range of Exercise Prices
 
 
 
 
 
 
 
$5.34-$5.39
37,500

 
7.41
 
25,833

 
$
5.39

$9.07-$9.56
128,196

 
8.91
 
32,899

 
9.07

$14.47
79,500

 
3.60
 
79,500

 
14.47

$16.00-$16.50
32,500

 
2.47
 
32,500

 
16.04

$19.10
30,000

 
1.59
 
30,000

 
19.10

$19.17
30,000

 
0.59
 
30,000

 
19.17

Outstanding at end of period
337,696

 
5.49
 
230,732

 
14.12

Summary of Stock Options
A summary of the status of stock options at June 30, 2014 and 2013 is presented in the table below:
 
 
2014
 
2013
 
Options
 
Weighted Average
Exercise
Price per Share
 
Options
 
Weighted Average
Exercise
Price per Share
Outstanding at beginning of period
337,696

 
12.43

 
232,000

 
14.50

Granted

 

 
107,863

 
9.07

Forfeited or expired

 

 

 

Exercised

 

 

 

Stock dividend or split

 

 

 

Outstanding at end of period
337,696

 
12.43

 
339,863

 
12.78

Exercisable at end of period
230,732

 
14.12

 
197,000

 
16.12

Summary of the Status of Restricted Shares
A summary of the status of restricted shares at June 30, 2014 is presented in the table below:
 
 
Nonvested
Shares
 
Weighted Average
Grant Date
Fair Value
Nonvested at January 1, 2014
83,355

 
$
5.86

Granted

 

Vested
(44,803
)
 
5.35

Forfeited or expired

 

Nonvested at June 30, 2014
38,552

 
6.45