Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes stock option activity during the six months ended June 30, 2018:

(Dollars in thousands, except share amounts)	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding at January 1, 2018	142,005		$	7.86
Granted	10,450		18.30
Exercised	(9,307	)	7.01
Outstanding at June 30, 2018	143,148		$	8.68	4.6	$	2,015
Exercisable at June 30, 2018	124,132		$	7.48	3.8	$	1,895

Fair Value Inputs, Assets, Quantitative Information

The fair value of each option and the significant weighted average assumptions used to calculate the fair value of the options granted for the six months ended June 30, 2018 were as follows:

Fair value of options granted	$	5.93
Risk-free rate of return	2.46		%
Expected option life in years	7
Expected volatility	31.35		%
Expected dividends	1.18		%

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes the activity in non-vested restricted shares for the six months ended June 30, 2018:

(Dollars in thousands, except share amounts)	Number of Shares		Average Grant-Date Fair Value
Outstanding at January 1, 2018	150,745		$	11.87
Granted	37,200		19.11
Vested	(39,190	)	13.59
Non-vested at June 30, 2018	148,755		$	13.23