Stock-Based Compensation

6 Months Ended

Jun. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Employee Benefit Plans

Stock-Based Compensation

Certain officers and directors of the Company participate in incentive and non-qualified stock option plans. Options are granted at exercise prices not less than the fair value of the Company’s common stock on the date of the grant. The following is a summary of the activity under the Company’s stock option plans for the periods presented:

	Three Months Ended June 30,
	2018			2017
	Shares		Weighted Average Exercise Price	Shares		Weighted Average Exercise Price
Balance, Beginning of Period	4,150		$22.91	21,500		$23.57
Options Exercised	(100	)	22.91	—		—
Options Forfeited	(2,400	)	22.91	(2,000	)	24.34
Balance, End of Period	1,650		$22.91	19,500		$23.49

	Six Months Ended June 30,
	2018			2017
	Shares		Weighted Average Exercise Price	Shares		Weighted Average Exercise Price
Balance, Beginning of Period	4,500		$22.91	21,500		$23.57
Options Exercised	(450	)	22.91	—		—
Options Forfeited	(2,400	)	22.91	(2,000	)	24.34
Balance, End of Period	1,650		$22.91	19,500		$23.49
Options Exercisable	1,650			19,100
Options Available For Grant	50,000			50,000

At June 30, 2018, the Company had the following options outstanding:

Grant Date	Outstanding Options	Option Price	Expiration Date
07/01/08	1,650	$22.91	07/01/18