STOCK OPTIONS (Tables)

12 Months Ended

Dec. 31, 2017

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

Stock Option Activity

The following summarizes MVB’s stock options as of and for the year ended December 31, 2017, and the changes for the year then ended:

	2017				2016
	Number of Shares		Weighted Average Exercise Price		Number of Shares		Weighted Average Exercise Price
Outstanding at beginning of year	1,499,795		$	13.11	1,190,295		$	13.15
Granted	321,750		15.12		432,000		12.72
Exercised	(49,400	)	12.24		(55,000	)	9.02
Forfeited/expired	(94,500	)	8.41		(67,500	)	14.59
Outstanding at end of year	1,677,645		$	13.46	1,499,795		$	13.11
Exercisable at end of year	910,647		$	13.00	768,598		$	12.75
Weighted-average fair value of options granted during 2017			$	4.05
Weighted-average fair value of options granted during 2016			$	2.98
Weighted-average fair value of options granted during 2015			$	2.72

Outstanding and Exercisable Options Information

The following summarizes information related to the total outstanding and exercisable options at December 31, 2017:

Options Outstanding					Options Exercisable
Total Options	Weighted-Average Exercise Price		Intrinsic Value	Weighted-Average Remaining Life	Total Options	Weighted-Average Exercise Price		Intrinsic Value	Weighted-Average Remaining Life
1,677,645	$	13.46	11,145,745	6.63	910,647	$	13.00	6,465,272	5.28