Stock-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2014

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Schedule of Option Pricing Assumptions and Estimated Fair Value

The following table presents the option pricing assumptions and the estimated fair value of the options using these assumptions for grants made for the years ended:

	December 31,
	2014			2013			2012
Weighted-average dividend yield	2.90		%	2.40		%	2.20		%
Weighted-average risk-free interest rate	1.65		%	1.60		%	0.79		%
Weighted-average expected volatility	35.39		%	52.32		%	53.31		%
Weighted-average expected life in years	5.30			5.30			5.30
Weighted-average fair value of options granted	$	8.92		$	15.97		$	13.00

Schedule of Stock Option Activity

Stock option activity for the year ended December 31, 2014 is as follows:

	Number of Shares		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term	Aggregate Intrinsic Value
Options outstanding at January 1, 2014	111,950		$	33.36
Granted	4,500		35.22
Exercised	(19,000	)	32.58
Forfeited and expired	(3,200	)	38.32
Options outstanding at December 31, 2014	94,250		$	33.44	4.5	$	664
Options exercisable at December 31, 2014	73,150		$	33.21	3.8	$	545

Summary of Nonvested Stock Options

A summary of the status of the Company’s nonvested stock options as of December 31, 2014 and changes during the year then ended is presented below:

	Awards		Weighted-Average Grant Date Fair Value
Nonvested at January 1, 2014	34,950		$	11.23
Granted	4,500		8.92
Vested	(17,000	)	9.88
Forfeited	(1,350	)	12.05
Nonvested at December 31, 2014	21,100		$	11.77

Summary of Activity Related to Restricted Stock Awards and Stock Purchase Grants

The following table presents a summary of the activity related to restricted stock units, restricted stock awards and the MSPP for the period indicated:

	Restricted Stock Units				Restricted Stock				MSPP
	Number of Units		Weighted-Average Grant Date Fair Value		Number of Shares		Weighted-Average Grant Date Fair Value		Number of Shares		Weighted-Average Grant Date Fair Value
Nonvested at January 1, 2014	—		$	—	10,480		$	34.53	14,220		$	11.14
Granted	1,055		37.50		7,176		39.06		5,055		12.35
Vested	(1,055	)	37.50		(6,183	)	35.47		(6,923	)	10.55
Forfeited	—		—		(516	)	34.57		(247	)	11.43
Nonvested at December 31, 2014	—		$	—	10,957		$	36.96	12,105		$	11.97

Summary of Activity Related to Long-term Performance Share Plan

The following table presents a summary of the activity related to LTIP for the period indicated:

	Number of Shares		Weighted-Average Grant Date Fair Value
Nonvested at January 1, 2014	44,792		$	35.78
Granted	20,613		41.18
Vested	—		—
Forfeited	(22,627	)	34.77
Nonvested at December 31, 2014	42,778		$	38.92

Restricted Stock Awards and Management Stock Purchase Plan [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Schedule of Compensation Expense

Compensation expense recognized in connection with the restricted stock units, restricted stock awards, and MSPP is presented in the following table:

	For The Years Ended December 31,
	2014		2013		2012
Restricted stock units	$	40	$	—	$	—
Restricted stock awards	214		149		163
MSPP grants	67		73		65
Total compensation expense	$	321	$	222	$	228
Related income tax benefit	$	112	$	78	$	80
Fair value of grants vested	$	332	$	229	$	121

Long-Term Performance Share Plan [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Schedule of Compensation Expense

Compensation expense recognized in connection with the LTIP is presented in the following table:

	For The Years Ended December 31,
	2014		2013		2012
Compensation expense	$	151	$	200	$	174
Related income tax benefit	$	53	$	70	$	61
Fair value of grants vested	$	—	$	497	$	609