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Stock-Based Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes the Company’s stock option activity for the nine month period ended September 30, 2015:
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Weighted
 
Average
 
 
 
 
 
 
 
Average
 
Remaining
 
Aggregate
 
 
 
 
 
Exercise
 
Contractual
 
Intrinsic
 
 
 
Shares
 
Price
 
Term (Years)
 
Value*
 
Outstanding at December 31, 2014
 
 
1,355,416
 
$
25.36
 
 
 
 
 
 
 
Granted
 
 
299,700
 
$
25.64
 
 
 
 
 
 
 
Exercised
 
 
(138,190)
 
$
19.51
 
 
 
 
 
 
 
Forfeited or expired
 
 
(14,600)
 
$
26.59
 
 
 
 
 
 
 
Outstanding at September 30, 2015
 
 
1,502,326
 
$
25.94
 
 
3.9
 
$
2,111,000
 
Exercisable at September 30, 2015
 
 
544,856
 
$
25.20
 
 
2.6
 
$
1,117,000
 
 
*
The aggregate intrinsic value of outstanding and exercisable stock options is defined as the difference between the closing price of the Company's stock on September 30, 2015, the last trading day of the quarter, of $27.04 and the exercise price multiplied by the number of in-the-money outstanding and exercisable stock options.
Schedule of Cash Proceeds Received from Share-based Payment Awards [Table Text Block]
The following table summarizes the Company’s stock option exercise activity for the three and nine months ended September 30, 2015 and 2014:
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
 
 
(Dollars in thousands)
 
Total intrinsic value of stock options exercised
 
$
30
 
$
146
 
$
1,188
 
$
242
 
Cash received from stock option exercises
 
$
184
 
$
618
 
$
2,696
 
$
1,226
 
Income tax benefit from the exercise of stock options
 
$
12
 
$
48
 
$
463
 
$
85
 
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
The following table summarizes the Company’s restricted stock award activity for the nine-month period ended September 30, 2015:
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Weighted
 
Average
 
 
 
 
 
Shares of
 
Average
 
Remaining
 
Aggregate
 
 
 
Restricted
 
Grant Date
 
Contractual
 
Intrinsic
 
 
 
Stock
 
Fair Value
 
Term (Years)
 
Value*
 
Non-vested at December 31, 2014
 
 
54,050
 
$
26.58
 
 
 
 
 
 
 
Issued
 
 
21,900
 
 
25.64
 
 
 
 
 
 
 
Vested
 
 
(6,050)
 
 
27.04
 
 
 
 
 
 
 
Forfeited
 
 
-
 
 
-
 
 
 
 
 
 
 
Non-vested at September 30, 2015
 
 
69,900
 
$
26.25
 
 
2.6
 
$
1,890,000
 
 
*
The aggregate intrinsic value of non-vested restricted stock was calculated using the closing price of the Company's stock on September 30, 2015, the last trading day of the quarter, of $27.04 multiplied by the number of non-vested restricted shares outstanding.