Share-Based Compensation Plans (Tables)

3 Months Ended

Mar. 31, 2013

Share-Based Compensation Plans

Summary of recognized and unrecognized share based compensation expense

	For the Three Months Ended
	March 31,
(dollar amounts in thousands)	2013		2012
Share-based compensation expense:
Stock option expense	$	61	$	13
Restricted stock expense	73		26
Total expense	$	134	$	39
Unrecognized compensation expense:
Stock option expense	$	583	$	272
Restricted stock expense	640		251
Total unrecognized expense	$	1,223	$	523

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

	Options Outstanding				Options
	Number		Weighted Average		Available for
	of Shares		Exercise Price		Grant
Balance, December 31, 2012	523,129		$	6.11	1,715,616
Granted	46,685		5.80
Forfeited	(6,596	)	5.73
Expired	(4,275	)	4.62
Exercised	(1,180	)	4.37
Balance, March 31, 2013	557,763		$	6.10	1,669,073

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

	Number of		Average Grant
	Shares		Date Fair Value
Balance December 31, 2012	196,850		$	4.27
Granted	25,862		5.80
Vested	(1,050	)	12.14
Forfeited	(2,611	)	3.83
Balance March 31, 2013	219,051		$	4.42

Summary of the aggregate intrinsic value of options vested and expected to vest and exercisable

				Weighted Average
		Weighted		Remaining	Aggregate
		Average		Contractual Life	Intrinsic
	Shares	Exercise Price		(Years)	Value
Vested or expected to vest	534,540	$	6.13	7.435	$	551,375
Exercisable at March 31, 2013	258,589	$	7.35	5.784	$	346,358

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

	For the Three Months Ended
	March 31,
	2013		2012
Expected volatility	55.30%		52.08%
Expected term (years)	6		7
Dividend yield	0.00%		0.00%
Risk free rate	1.14%		1.31%
Weighted-average grant date fair value	$	3.01	$	2.09