STOCK OPTIONS (Tables)

12 Months Ended

Dec. 31, 2013

STOCK OPTIONS

Assumptions used in estimating fair value of stock options

	2013	2012
Dividend yield	0%	0%
Expected volatility	43.9%	41.8%
Expected life of option	Five Years	Five Years
Risk-free interest rate	0.7%	0.8%
Fair value of each option on grant date	$4.72	$2.73

Stock option activity

Options	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Outstanding at January 1, 2013	21,362		$	6.72
Granted	4,250		12.56
Exercised	(13,695	)	6.53
Expired and forfeited	(500	)	12.56
Outstanding at December 31, 2013	11,417		$	8.87	2.67	$	66,876
Vested or expected to vest at December 31, 2013	11,417		$	8.87	2.67	$	66,876
Exercisable at December 31, 2013	4,166		$	6.57	1.24	$	33,977

Summary of information about stock options outstanding

	Options Outstanding				Options Exercisable
		Weighted-
	Number	Average	Weighted-		Number	Weighted-
Range of	Outstanding at	Remaining	Average		Exercisable at	Average
Exercise	December 31,	Contractual	Exercise		December 31,	Exercise
Price	2013	Life (years)	Price		2013	Price
$ 5.00 - $5.99	1,500	0.31	$	5.00	1,500	$	5.00
$ 7.00 - $7.99	6,167	2.24	$	7.56	2,666	$	7.45
$12.00 - $13.00	3,750	4.31	$	12.56	—	$	—
	11,417	2.67	$	8.87	4,166	$	6.57