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STOCK BASED COMPENSATION PLANS (Tables)
6 Months Ended
Jun. 30, 2014
STOCK BASED COMPENSATION PLANS  
Summary of Stock Option Plan Activity

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

Number

 

Average

 

Remaining

 

Aggregate

 

 

 

of

 

Exercise

 

Contractual

 

Intrinsic

 

(Dollars in thousands, except per share amounts)

 

Options

 

Price

 

Life

 

Value

 

Outstanding, January 1, 2014

 

45,395

 

$

25.54

 

 

 

 

 

Granted

 

 

 

 

 

 

 

Exercised

 

(1,274

)

$

24.00

 

 

 

 

 

Forfeited

 

(1,230

)

$

25.25

 

 

 

 

 

Expired

 

(561

)

$

24.00

 

 

 

 

 

Outstanding, June 30, 2014

 

42,330

 

$

25.61

 

2.22 years

 

 

 

Vested and Exercisable, June 30, 2014

 

42,330

 

$

25.61

 

2.22 years

 

 

 

Summary of stock options outstanding by range of exercise prices

 

 

 

Number of

 

Exercise

 

Range of Exercise Prices

 

Options

 

Price

 

 

 

37,199

 

$

25.25

 

 

 

3,000

 

$

26.55

 

 

 

2,131

 

$

30.60

 

 

 

42,330

 

 

 

Summary of Restricted Stock Awards Activity

 

 

 

 

 

 

Weighted

 

 

 

 

 

Average Grant-Date

 

 

 

Shares

 

Fair Value

 

Unvested, January 1, 2014

 

197,599

 

$

21.18

 

Granted

 

74,823

 

$

25.42

 

Vested

 

(23,695

)

$

21.58

 

Forfeited

 

(2,398

)

$

22.33

 

Unvested, June 30, 2014

 

246,329

 

$

22.42