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Stock Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2013
Stock Compensation Plans  
Schedule of the status of stock option plans
A summary of the status of the Company’s stock option plans is presented below:
 
 
 
Six Months Ended June 30,
 
 
 
2013
 
2012
 
 
 
 
 
 
Weighted
 
 
 
 
Weighted
 
 
 
 
 
 
Average
 
 
 
 
Average
 
 
 
 
 
 
Exerice
 
 
 
 
Exerice
 
 
 
Shares
 
Price
 
Shares
 
Price
 
Outstanding at the beginning of the year
 
 
129,170
 
$
14.26
 
 
188,193
 
$
12.62
 
Granted
 
 
-
 
 
-
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
Forfeited
 
 
-
 
 
-
 
 
-
 
 
-
 
Outstanding at the end of the year
 
 
129,170
 
$
14.26
 
 
188,193
 
$
12.62
 
Options exercisable at year end
 
 
129,170
 
$
14.26
 
 
188,193
 
$
12.62
 
Weighted average fair value of options granted during the year
 
 
 
 
$
-
 
 
 
 
$
-
 
Stock-based compensation expense
 
 
 
 
$
-
 
 
 
 
$
-
 
 
Schedule of information pertaining to options outstanding
Information pertaining to options outstanding at June 30, 2013 is as follows:
 
 
 
Options Outstanding
 
Options Excercisable
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Average
 
Weighted
 
 
 
 
Weighted
 
 
 
 
 
 
Remaining
 
Average
 
 
 
 
Average
 
 
 
Number
 
Contractual
 
Exercise
 
Number
 
Exercise
 
Range of Exercise Price
 
Outstanding
 
Life
 
Price
 
Exercisable
 
Price
 
$10.01 - $23.13
 
 
129,170
 
 
2.95
 
$
14.26
 
 
129,170
 
$
14.26