Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2014

Activity under the incentive and non-qualified stock option plans

The following is a summary of the activity under the Company’s incentive and non-qualified stock option plans for the years ended December 31, 2014 and 2013 and the nine months ended December 31, 2012:



	For the Years Ended December 31,						For the Nine Months Ended December 31,
	2014			2013			2012
	Shares	Weighted Avg. Exercise Price		Shares	Weighted Avg. Exercise Price		Shares	Weighted Avg. Exercise Price
Balance, Beginning of Period	61,500	$	22.49	68,400	$	22.63	72,900	$	22.62
Options Granted	—	—		—	—		—	—
Options Exercised	—	—		—	—		—	—
Options Forfeited	14,000	22.74		6,900	23.87		4,500	22.58
Balance, End of Period	47,500	$	22.41	61,500	$	22.49	68,400	$	22.63

Options Exercisable	34,300	$	22.00	42,300	$	22.03	43,800	$	22.14
Weighted-Average Remaining Life Of Exercisable Options	1.1 years			1.3 years			1.8 years
Options Available For Grant	50,000			50,000			50,000

Options outstanding

At December 31, 2014, the Company had the following options outstanding:



Grant Date	Outstanding Options	Option Price	Expiration Date
01/01/05	18,000	$20.55	01/01/15
01/01/06	3,500	$23.91	01/01/16
08/24/06	3,500	$23.03	08/24/16
05/24/07	2,000	$24.34	05/24/17
07/09/07	1,000	$24.61	07/09/17
10/01/07	2,000	$24.28	10/01/17
01/01/08	13,000	$23.49	01/01/18
05/19/08	2,500	$22.91	05/19/18
07/01/08	2,000	$22.91	07/01/18

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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