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Stock Option Plan (Tables)
6 Months Ended
Jun. 30, 2013
Stock Option Plan Tables  
Schedule of Stock Option Rollforward

A summary of the status of the Company’s stock option plan as of and for the six months ended June 30, 2013, and for the year ended December 31, 2012 is presented below:

   Six months ended
June 30, 2013
   Year ended
December 31, 2012
 
   Shares   Weighted
average
exercise price
   Shares   Weighted
average
exercise price
 
Outstanding at
     beginning of period
   58,908   $13.95    63,408   $13.95 
Granted                
Exercised                
Forfeited   17,704   $13.95    4,500   $13.95 
Outstanding at end
     of period
   41,204   $13.95    58,908   $13.95 
Options exercisable at
     period-end
   41,204   $13.95    58,908   $13.95 

 

 

 

The following information applies to options outstanding at June 30, 2013:

Number outstanding   41,204
Exercise price on all remaining options outstanding   $13.95
Weighted-average remaining contractual life   .17 years