STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2014

Stock-Based Compensation Tables

Schedule of restricted stock awards activity

The following tables summarize information regarding restricted stock outstanding at March 31, 2014 and 2013 including activity during the three months then ended.

				Weighted
				Average
	Shares			Grant Price
January 1, 2013		30,409		$	19.39
Restricted stock granted		8,076			26.00
Restricted stock legally vested		(5,883	)		(17.85	)
March 31, 2013		32,602		$	21.30
January 1, 2014		32,602		$	21.30
Restricted stock granted		6,400			31.25
Restricted stock legally vested		(7,640	)		(18.91	)
March 31, 2014		31,362		$	23.92

Schedule of future compensation expense for restricted stock awards

Scheduled compensation expense per calendar year assuming all restricted shares eventually vest to employees would be as follows:

2014	$	166
2015		157
2016		162
2017		122
2018		82
Thereafter		40
Totals	$	729