Share Based Compensation (Tables)

6 Months Ended

Jun. 30, 2012

Share-Based Compensation [Abstract]

Fair value of options granted determined by using weighted-average assumptions

	2012
Risk free interest rate		1.27	%
Dividend yield		3.38	%
Volatility		33.00	%

Summary of options outstanding

	Outstanding				Exercisable
	Number		Weighted Average Remaining Contractual Life (Years)		Number		Weighted Average Exercise Price
Range of Exercise Prices
$5.34-$5.39		37,500		9.41		2,500	$	5.34
$14.47-$15.34		82,000		5.60		82,000		14.47
$15.35-$16.50		52,500		4.71		52,500		15.78
$16.51-$19.10		30,000		3.59		30,000		19.10
$19.11-$19.17		30,000		2.59		30,000		19.17
Outstanding at end of period		232,000		5.37		197,000	$	16.12

Summary of stock options

	2012				2011
	Options		Weighted Average Exercise Price per Share		Options		Weighted Average Exercise Price per Share
Outstanding at beginning of period		197,000	$	16.12		197,000	$	16.12
Granted		35,000		5.39		—		—
Forfeited or expired		—		—		—		—
Exercised		—		—		—		—
Stock dividend or split		—		—		—		—
Outstanding at end of period		232,000	$	14.50		197,000	$	16.12
Exercisable at end of period		197,000	$	16.12		196,167	$	16.17

Summary of the status of nonvested stock options

	Nonvested Shares		Weighted Average Exercise Price per share
Nonvested at January 1, 2012		833	$	5.34
Granted		35,000		5.39
Vested		833		5.34
Forfeited or expired		—		—
Nonvested at March 31, 2012		35,000	$	5.39

Summary of the status of restricted shares

	2012
	Shares			Weighted Average Grant Date Fair Value
Nonvested at January 1, 2012		124,352		$	4.68
Granted		62,105			5.39
Forfeited or expired		—			—
Vested		(33,749	)		4.35
Nonvested at March 31, 2012		152,708		$	5.04