STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2014

A summary of option activity in the plans is as follows (dollars in thousands, except per option data):

Options	Number Outstanding			Weighted-Average Exercise Price		Weighted- Average Remaining Contractual Life in Years		Aggregate Intrinsic Value
Outstanding at January 1, 2014		355,328		$	17.65		---		---
Forfeited		(330	)		22.77		---		---
Expired		(94,737	)		15.09		---		---
Outstanding at December 31, 2014		260,261		$	18.57		1.54	$	---

Exerciseable at December 31, 2014		260,261		$	18.57		1.54	$	---

Information related to stock options during each year follows (dollars in thousands):

	2014		2013		2012
Intrinsic value of options exercised	$	---	$	---	$	---
Cash received from option exercises		---		---		---
Tax benefit realized from option exercises		---		---		---

A summary of changes in the Company’s nonvested restricted stock awards for the year follows:

Nonvested Stock Awards	Shares			Weighted- Average Grant-Date Fair Value		Aggregate Intrinsic Value
Outstanding at January 1, 2014		206,171		$	4.28	$	1,121,570
Granted		98,500			5.12		535,840
Vested		(74,325	)		4.02		404,328
Forfeited		(12,667	)		3.96		68,908
Outstanding at December 31, 2014		217,679		$	4.77	$	1,184,174