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Incentive Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of stock options granted during the nine months ended September 30, 2016 was determined at the date of grant using the Black-Scholes stock option-pricing model and the following assumptions:
 
 
 
Nine Months Ended
 
 
 
September 30,
2016
 
September 30,
2015
 
Expected average risk-free rate
 
 
2.24%
 
 
2.04%
 
Expected average life
 
 
10.00 years
 
 
10.00 years
 
Expected volatility
 
 
41.00%
 
 
42.00%
 
Expected dividend yield
 
 
2.33%
 
 
2.10%
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Following is activity under the plans during the nine months ended September 30, 2016:
 
Stock options
 
Options
Outstanding
 
Weighted
Average Exercise 
Price
 
Weighted
Average
Remaining
Contractual
Term (in years)
 
Aggregate
Intrinsic
Value
(in 000’s)
 
Options outstanding, January 1, 2016
 
 
86,220
 
$
20.27
 
 
 
 
 
 
 
Forfeited or cancelled
 
 
-
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
(35,420)
 
 
20.59
 
 
 
 
 
 
 
Granted
 
 
6,500
 
 
37.78
 
 
 
 
 
 
 
Options outstanding, September 30, 2016
 
 
57,300
 
$
22.05
 
 
3.88
 
$
1,294
 
Vested or expected to vest at September 30, 2016
 
 
57,300
 
$
22.05
 
 
3.88
 
$
1,294
 
Exercisable at September 30, 2016
 
 
39,500
 
$
17.30
 
 
1.87
 
$
1,080
 
Schedule of Cash Proceeds Received from Share-based Payment Awards [Table Text Block]
Proceeds, related tax benefits realized from options exercised and intrinsic value of options exercised were as follows (In Thousands):
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
Proceeds of options exercised
 
$
175
 
$
154
 
$
667
 
$
1,559
 
Related tax benefit recognized
 
 
46
 
 
21
 
 
158
 
 
151
 
Intrinsic value of options exercised
 
 
196
 
 
121
 
 
684
 
 
941
 
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
There was approximately $541,000 included within other liabilities at September 30, 2016 related to the STIP.
 
 
 
Restricted Stock Units
 
Stock Grants
 
 
 
 
 
 
Weighted-Average
 
 
 
 
Weighted-Average
 
 
 
 
 
 
Grant Date
 
 
 
 
Grant Date
 
Unvested Shares
 
Shares
 
Fair Value
 
Shares
 
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unvested at January 1, 2016
 
 
74,545
 
$
25.86
 
 
10,927
 
$
30.98
 
Granted
 
 
24,526
 
 
39.30
 
 
10,905
 
 
23.39
 
Vested
 
 
(7,011)
 
 
19.19
 
 
(9,171)
 
 
22.50
 
Forfeited
 
 
(16,592)
 
 
19.19
 
 
(500)
 
 
32.00
 
Unvested at September 30, 2016
 
 
75,468
 
$
32.31
 
 
12,161
 
$
32.77