EQUITY INCENTIVE PLANS (Tables)

9 Months Ended

Sep. 30, 2016

Equity Incentive Plans

Schedule of activity for stock options

	Stock Options
	2016
			Weighted
			Average
	Number of		Exercise
	Shares		Price
Outstanding at beginning of year		89,275	$	14.02
Granted		33,500	$	19.40
Outstanding at end of period		122,775	$	15.49
Exercisable at end of period		51,740
Weighted average fair value of options granted during the period	$	6.07

Schedule of options outstanding and exercisable

Options Outstanding					Options Exercisable
Number	Weighted-Average		Weighted		Number	Weighted
Outstanding	Remaining		Average		Exercisable	Average
as of 9/30/2016	Contractual Life		Exercise Price		as of 9/30/2016	Exercise Price
8,712	3.40	Years	$	9.33	8,712	$	9.33
9,683	4.40	Years	$	9.55	9,683	$	9.55
8,570	5.40	Years	$	9.58	7,359	$	9.58
15,200	6.40	Years	$	14.00	10,500	$	14.00
17,110	7.40	Years	$	14.98	8,286	$	14.98
30,000	8.40	Years	$	17.55	7,200	$	17.55
33,500	9.40	Years	$	19.40	—	$	—
122,775	7.41	Years	$	15.49	51,740	$	12.40

Schedule of activity for non-vested restricted stock

	Non-vested
	Restricted Stock
	2016
		Weighted
		Average
	Number of	Grant Date
	Shares	Value
Outstanding at beginning of year	44,866	$	15.21
Granted	16,500	$	19.40
Vested	(14,917)	$	14.27
Outstanding at end of period	46,449	$	17.00