STOCK OPTIONS (Tables)

12 Months Ended

Dec. 31, 2015

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, 2015, and the changes for the year then ended:

	2015			2014
		Weighted-			Weighted-
	Number	Average		Number	Average
	of	Exercise		of	Exercise
	Shares	Price		Shares	Price
Outstanding at beginning of year	1,355,905	$	13.15	1,091,410	$	12.21
Granted	45,500		14.80	288,495		14.80
Exercised	(204,670)		7.31	(6,400)		7.31
Forfeited/expired	(6,440)		13.33	(17,600)		13.33
Outstanding at end of year	1,190,295	$	13.15	1,355,905	$	13.15
Exercisable at end of year	562,499	$	11.82	543,870	$	11.82
Weighted-average fair value of options granted during 2015		$	2.72
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, 2015:

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
1,190,295	$	13.15	(55,773)	6.96	562,499	$	11.82	720,259	6.07