Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

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, 2015:

	Outstanding		Exercisable
	Number	Weighted Average Remaining Contractual Life (Years)	Number	Weighted Average Exercise Price
Range of Exercise Prices
$5.39	30,000	6.59	30,000	$	5.39
$9.07-$9.56	106,589	7.93	61,218	9.14
$11.03	109,500	8.90	36,500	11.03
$12.12	7,500	9.07	—	—
$14.47	75,000	2.60	75,000	14.47
$16.00	30,000	1.59	30,000	16.00
$19.10	30,000	0.59	30,000	19.10
Outstanding at end of period	388,589	6.04	262,718	$	12.42

Summary of Stock Options

A summary of the status of stock options at June 30, 2015 and 2014 is presented in the table below:

	June 30,				June 30,
	2015				2014
	Options		Weighted Average Exercise Price per Share		Options	Weighted Average Exercise Price per Share
Outstanding at beginning of period	452,530		$	12.09	337,696	$	12.43
Granted	—		—		—	—
Forfeited or expired	(44,350	)	15.97		—	—
Exercised	(19,591	)	9.30		—	—
Stock dividend or split	—		—		—	—
Outstanding at end of period	388,589		$	11.78	337,696	$	12.43
Exercisable at end of period	262,718		$	12.42	230,732	$	14.12

Schedule of Valuation Assumptions

Summary of the Status of Restricted Shares

A summary of the status of outstanding restricted shares at June 30, 2015 is presented in the table below:

	Nonvested Shares		Weighted Average Grant Date Fair Value
Nonvested at January 1, 2015	38,552		$	6.45
Granted	—		—
Vested	(28,552	)	5.28
Forfeited or expired	—		—
Nonvested at June 30, 2015	10,000		$	9.48