STOCK INCENTIVE PLANS (Tables)

6 Months Ended

Jun. 30, 2018

Employee Benefits And Share Based Compensation [Abstract]

Schedule Of Restricted Stock Awards [Table Text Block]

Restricted Stock Awards

The table below presents information related to the Company’s restricted common stock at June 30, 2018 and 2017.

($ in thousands, except per share data)
	Six Months Ended June 30,
	2018			2017
			Weighted			Weighted
			Average			Average
			Grant Date			Grant Date
	Shares		Fair Value	Shares		Fair Value
Unvested, beginning of period	-	$	-	8,000	$	12.23
Granted	-		-	-		-
Vested and issued	-		-	(8,000)		12.23
Unvested, end of period	-	$	-	-	$	-

Compensation expense during period		$	-		$	33

Schedule of fully vested common stock issued

Stock Awards

The Company issues immediately vested common stock under the Incentive Plan to certain executive officers, employees and directors. The following table presents information related to fully vested common stock issued during the six months ended June 30, 2018 and 2017.

($ in thousands, except per share data)
		Six Months Ended June 30,
		2018		2017
Fully vested shares granted⁽¹⁾		37,920		21,839
Weighted average grant date price per share	$	7.62	$	9.74
Compensation expense related to fully vested shares of common stock awards⁽²⁾	$	289	$	213

Schedule of Performance Units outstanding

The following table presents information related to Performance Units outstanding during the six months ended June 30, 2018 and 2017.

($ in thousands, except per share data)
	Six Months Ended June 30,
	2018			2017
			Weighted			Weighted
			Average			Average
			Grant Date			Grant Date
	Shares		Fair Value	Shares		Fair Value
Unvested, beginning of period	41,693	$	9.95	45,305	$	10.33
Granted	27,935		7.45	15,707		9.55
Vested and issued	(12,806)		10.28	(9,660)		10.52
Unvested, end of period	56,822	$	8.65	51,352	$	10.06

Compensation expense during period		$	104		$	130
Unrecognized compensation expense, end of period		$	270		$	276
Intrinsic value, end of period		$	427		$	506
Weighted-average remaining vesting term (in years)			1.4			1.3