Share-Based Compensation Plan (Tables)

9 Months Ended

Sep. 30, 2016

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

Restricted stock awarded under the 2006 Equity Compensation Plan

The following table summarizes restricted stock awarded under the 2006 Equity Compensation Plan:

	September 30, 2016
	Shares		Weighted-Average Grant Date Fair Value		Aggregate Value (in thousands)
Non-vested at December 31, 2015	153,399		$	17.17
Granted	53,500		20.76
Vested	(33,691	)	16.49
Forfeited	(2,250	)	19.91
Non-vested at September 30, 2016	170,958		$	18.39	$	4,835

Stock options outstanding activity

The following table summarizes options outstanding under the 2006 Equity Compensation Plan and remaining outstanding unexercised options under the 1997 Stock Incentive Plan.  

	September 30, 2016
	Shares		Weighted-Average Exercise Price		Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2015	30,012		$	14.00	$	—
Granted	—		—		—
Exercised	(6,650	)	14.00		—
Forfeited	—		—		—
Outstanding at September 30, 2016	23,362		$	14.00	$	334
Options exercisable at September 30, 2016	23,362		$	14.00	$	334

Schedule of options outstanding and exercisable

As of September 30, 2016, options outstanding and exercisable are summarized as follows:

Exercise Prices		Options Outstanding	Weighted-Average Remaining Contractual Life (years)	Options Exercisable
$	14.00	18,362	2.47	18,362
$	14.00	5,000	3.10	5,000
$	14.00	23,362	2.61	23,362