Stock-based Compensation (Tables)

3 Months Ended

Mar. 31, 2013

The following is a summary of the Company's stock option plan awards during the period ended March 31, 2013:

	Shares		Weighted- Average Exercise Price		Weighted-Average Remaining Contractual Term In Years		Aggregate Intrinsic Value
Outstanding at the beginning of the year		123,906	$	8.94		6.33	$	180,903
Granted		-		-
Exercised		-		-
Forfeited		-		-
Expired		-		-
Outstanding at March 31, 2013		123,906	$	8.94		6.09	$	460,930
Exercisable		84,869	$	9.03		5.54	$	308,074
Expected to vest, assuming a 0% forfeiture rate over the vesting term		123,906	$	8.94		6.09	$	460,930

The following is a summary of the Company's non-vested restricted stock awards during the three months ended March 31, 2013:

Non-vested Shares	Shares		Weighted-Average Grant-Date Fair Value Per Share		Aggregate Intrinsic Value Per Share
Non-vested at January 1, 2013		24,747	$	8.44
Granted		-
Vested		-
Forfeited		-
Expired		-
Non-vested at March 31, 2013		24,747	$	8.44	$	12.66

Expected to vest assuming a 0% forfeiture rate over the vesting term		24,747	$	8.44	$	12.66