Stock Based Compensation (Tables)

3 Months Ended

Mar. 31, 2013

Stock Based Compensation [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, 2013 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		25,360	$	9.00		5.8		20,285	$	9.00		5.8
$	11.00 - $12.99		65,708		12.04		7.3		33,716		12.04		6.7
$	17.00 - $18.99		19,518		18.15		2.5		19,518		18.15		2.5
			110,586		12.42		6.1		73,519		12.82		5.3

Summary of Stock Option Activity

The following table summarizes stock option activity for the periods indicated:

	2013				2012
	Options		Weighted Average Exercise Price		Options		Weighted Average Exercise Price
Outstanding, January 1		110,586	$	12.42		124,123	$	12.54
Granted		-		-		14,491		12.60
Exercised		-		-		-		-
Outstanding, March 31		110,586		12.42		138,614		12.55
Exercisable, March 31		73,519		12.82		83,337		13.25