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STOCK OPTIONS (Tables)
12 Months Ended
Dec. 31, 2014
STOCK OPTIONS  
Summary of the entity's stock options and the changes

The following summarizes MVB’s stock options as of and for the year ended December 31, 2014, and the changes for the year then ended:

 

 

 

 

 

 

 

 

 

 

    

    

    

Weighted-

 

 

 

Number

 

Average

 

 

 

of

 

Exercise

 

 

 

Shares

 

Price

 

 

 

 

 

 

 

 

Outstanding at beginning of year

 

1,091,410 

 

$

11.20 

 

Granted

 

288,495 

 

 

15.99 

 

Exercised

 

(6,400)

 

 

9.90 

 

Forfeited/expired

 

(17,600)

 

 

11.66 

 

 

 

 

 

 

 

 

Outstanding at end of year

 

1,355,905 

 

$

12.2 

 

 

 

 

 

 

 

 

Exercisable at end of year

 

543,870 

 

$

9.6 

 

 

 

 

 

 

 

 

Weighted-average fair value of options granted during 2014

 

 

 

$

3.05 

 

Weighted-average fair value of options granted during 2013

 

 

 

$

1.71 

 

 

Summary of information related to the total outstanding and exercisable options

The following summarizes information related to the total outstanding and exercisable options at December 31, 2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Outstanding

 

Options Exercisable

 

 

    

Weighted-

    

    

    

Weighted-

    

    

    

Weighted-

    

    

    

Weighted-

 

 

 

Average

 

 

 

Average

 

 

 

Average

 

 

 

Average

 

Total

 

Exercise

 

Intrinsic

 

Remaining

 

Total

 

Exercise

 

Intrinsic

 

Remaining

 

Options

 

Price

 

Value

 

Life

 

Options

 

Price

 

Value

 

Life

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,355,905

 

$

12.2 

 

3,771,104 

 

6.73 

 

543,870 

 

$

9.6 

 

2,949,958 

 

4.24