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Share-Based Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2014
Share-Based Compensation Amounts Included in Net Income
The table below presents the amounts included in net income related to share-based compensation expense for the awards granted under the SICP for the years ended December 31, 2014, 2013 and 2012:
 
For the Year Ended December 31,
 
2014
 
2013
 
2012
(in thousands)
 
 
 
 
 
Awards to non-employee directors
$
540

 
$
478

 
$
443

Awards to key employees
1,418

 
1,153

 
976

Total compensation expense
1,958

 
1,631

 
1,419

Less: tax benefit
(790
)
 
(657
)
 
(569
)
Share-Based Compensation amounts included in net income
$
1,168

 
$
974

 
$
850
Directors Stock Compensation Plan  
Summary of Stock Activity under DSCP
A summary of stock activity for our non-employee directors for the years ended December 31, 2014, 2013 and 2012 is presented below.
 
Number of
Shares
 
Weighted Average
Grant Date Fair Value
Outstanding — December 31, 2012
—

 
$
—

Granted
14,141

 
$
34.99

Vested
14,141

 
$
34.99

Outstanding — December 31, 2013
—

 
$
—

Granted (1)
13,827

 
$
41.60

Vested (1)
13,827

 
$
41.60

Outstanding — December 31, 2014
—

 
$
—
Performance Incentive Plan  
Summary of Stock Activity under DSCP
The table below presents the summary of the stock activity for awards to key employees:
 
Number of
Shares
 
Weighted Average
Fair Value
Outstanding — December 31, 2012
126,968

 
$
25.24

Granted
35,237

 
$
29.90

Vested
36,498

 
$
22.17

Expired
4,565

 
$
26.08

Outstanding — December 31, 2013
121,142

 
$
28.20

Granted
41,442

 
$
39.99

Vested
39,546

 
$
26.87

Outstanding — December 31, 2014
123,038

 
$
32.60