Share-based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2014

Share-based Compensation Plans

Summary of activity related to restricted stock granted, vested and forfeited

	Number of Shares			Average Grant Date Fair Value
Balance December 31, 2013		195,048		$	4.87
Granted		134,368			7.34
Vested		(97,111	)		4.24
Forfeited		(28,184	)		5.96
Balance December 31, 2014		204,121		$	6.65

Summary of activity related to options granted, exercised, and forfeited

	Options Outstanding
						Options Available for Grant
	Number of Shares			Weighted Average Exercise Price
Balance, December 31, 2013		562,257		$	6.34		1,593,616
Granted		341,643			7.38
Forfeited		(86,266	)		7.80
Expired		(6,738	)		11.03
Exercised		(68,339	)		3.95
Balance, December 31, 2014		742,557		$	6.83		2,003,176

	December 31, 2014
	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value
Vested or expected to vest		706,840	$	6.82		7.65	$	1,445,657
Exercisable at December 31, 2014		285,212	$	6.73		5.76	$	811,638

Summary of the expense recognized related to share-based compensation awards

	For the Twelve Months Ended December 31,
	2014		2013		2012
		(dollars in thousands)
Share-based compensation expense:
Stock options	$	490	$	240	$	127
Restricted stock		503		293		204
Total expense	$	993	$	533	$	331
Unrecognized compensation expense:
Stock options	$	1,065	$	645	$	529
Restricted stock		967		651		573
Total unrecognized expense	$	2,032	$	1,296	$	1,102

Schedule of assumptions used in the calculation of weighted average fair value of options granted

	For the Twelve Months Ended December 31,
	2014		2013		2012
Expected volatility		49.38%		55.33%		52.26%
Expected term (years)		5.61		6.00		7.00
Dividend yield		0.67%		0.00%		0.00%
Risk free rate		1.75%		1.54%		1.11%
Weighted-average grant date fair value	$	3.32	$	3.30	$	2.87