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Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Options Outstanding
Options granted to date vest ratably over a five-year period and expire ten years after the date of grant. Stock options outstanding at March 31, 2014 are as follows:
 
Outstanding Stock Options
 
Exercisable Stock Options
Exercise
Price Range
Number
 
Weighted Average
Exercise
Price
 
Weighted Average Remaining Contractual
Life (Years)
 
Number
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual
Life (Years)
$9.00 - $10.99
23,494

 
$
9.00

 
4.8
 
23,494

 
$
9.00

 
4.8
$11.00 - $12.99
63,354

 
12.05

 
6.3
 
42,249

 
12.02

 
5.9
$17.00 - $18.99
12,962

 
18.41

 
2.4
 
12,962

 
18.41

 
2.4
 
99,810

 
12.16

 
5.4
 
78,705

 
12.17

 
5.0
Summary of Stock Option Activity
The following table summarizes stock option activity for the periods indicated:
 
2014
 
2013
 
Options
 
Weighted Average Exercise
Price
 
Options
 
Weighted Average Exercise
Price
Outstanding, January 1
104,966

 
$
12.43

 
110,586

 
$
12.42

Granted

 

 

 

Exercised

 

 

 

Expired
(5,156
)
 
17.66

 

 

Outstanding, March 31
99,810

 
12.16

 
110,586

 
12.42

Exercisable, March 31
78,705

 
12.17

 
73,519

 
12.82