Equity Incentive Plan (Tables)

9 Months Ended

Sep. 30, 2013

Equity Incentive Plan

Schedule of activity for stock options

	Stock Options
	Number of Shares			Weighted Average Exercise Price
Outstanding at beginning of year	40,681			$	9.49
Granted	22,000			$	14.00
Cancelled	(3,988		)	$	9.85
Forfeited	(5,769		)	$	11.45
Outstanding at end of period	52,924			$	11.12
Exercisable at end of period	17,176
Weighted average fair value of options granted during the period	$	5.31

Schedule of options outstanding and exercisable

Options Outstanding				Options Exercisable
Number	Weighted-Average	Weighted		Number	Weighted
Outstanding	Remaining	Average		Exercisable	Average
as of 09/30/2013	Contractual Life	Exercise Price		as of 09/30/2013	Exercise Price
10,712	6.40 Years	$	9.33	8,406	$	9.33
12,166	7.40 Years	$	9.55	6,135	$	9.55
10,896	8.40 Years	$	9.58	2,635	$	9.58
19,150	9.40 Years	$	14.00	—
52,924	8.13 Years	$	11.12	17,176	$	9.45

Schedule of activity for non-vested restricted stock

	Non-vested
	Restricted Stock
	Number of Shares		Weighted Average Grant Date Value
Outstanding at beginning of year	30,281		$	8.49
Granted	22,000		$	12.76
Vested	(10,761	)	$	8.48
Forfeited	(5,769	)	$	10.31
Outstanding at end of period	35,751		$	10.83