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STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2015
STOCK-BASED COMPENSATION PLANS  
Summary of the status of stock options as and the changes during the year

 

 

 

 

 

 

 

 

 

 

2015

 

 

  

Number of

  

Weighted

 

 

 

Shares

 

Average

 

 

 

Underlying

 

Exercise

 

 

 

Options

 

Prices

 

Outstanding, January 1

 

 

17,050

 

$

20.46

 

Granted

 

 

 —

 

 

 —

 

Exercised

 

 

 —

 

 

 —

 

Forfeited

 

 

(17,050)

 

$

20.46

 

Outstanding and exercisable, December 31

 

 

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

 

Number of

 

Weighted

 

 

 

Shares

 

Average

 

 

 

Underlying

 

Exercise

 

 

  

Options

  

Prices 

 

Outstanding, March 11 (Acquisition Date)

 

 

19,700

 

$

13.96

 

Granted

 

 

11,850

 

$

23.16

 

Exercised

 

 

(14,500)

 

$

13.83

 

Outstanding and exercisable, December 31

 

 

17,050

 

$

20.46

 

Weighted-average fair value per share of stock options granted during the year

 

$

0.66

 

 

 

 

 

Summary of restricted shares and the changes during the year

 

 

 

 

 

 

 

 

  

2015

 

 

 

 

 

Weighted

 

 

 

 

 

Average Grant

 

 

 

Number of

 

Date Fair Value

 

 

  

Shares

  

Per Share

 

Balance, January 1

 

7,334

 

$

21.32

 

Granted

 

8,000

 

$

17.81

 

Vested

 

(7,332)

 

$

17.82

 

Balance, December 31

 

8,002

 

$

18.27

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

 

 

 

Weighted

 

 

 

 

 

Average Grant

 

 

 

Number of

 

Date Fair Value

 

 

    

Shares

    

Per Share

 

Balance, March 11 (Acquisition Date)

 

 —

 

 

 

 

Granted

 

8,000

 

$

21.42

 

Vested

 

(666)

 

$

22.54

 

Balance, December 31

 

7,334

 

$

21.32