Stock Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2012

Stock Incentive Plans

Schedule of weighted average assumptions for estimating the fair value of the stock options

	2010
	Director
Number of options granted	67,500
Risk-free interest rate	1.98		%
Expected life, in years	4.9
Estimated Forfeiture Rate	—
Expected volatility	47.17		%
Expected dividend yield	3.01		%
Estimated fair value per option	$	1.48

Schedule of status and changes in stock option plans

	2012				2011				2010
			Weighted-				Weighted-				Weighted-
			Average				Average				Average
			Exercise				Exercise				Exercise
	Shares		Price		Shares		Price		Shares		Price
Outstanding at beginning of year	1,017,922		$	16.23	1,351,593		$	16.09	1,592,755		$	16.12
Granted	—		––		—		––		67,500		4.49
Exercised	—		––		—		––		—		––
Forfeited	(160,454	)	12.07		(333,671	)	15.67		(308,662	)	13.70
Outstanding at end of year	857,468		$	17.01	1,017,922		$	16.23	1,351,593		$	16.09
Exercisable at end of year	857,468		$	17.01	1,017,922		$	16.23	1,291,593		$	16.63
Intrinsic value of options exercised during the year			$	—			$	—			$	—
Weighted-average fair value per option for options granted during the year			$	—			$	—			$	1.48

Summary of stock options outstanding by range of exercise prices

								Options
		Options Outstanding						Exercisable
					Weighted-
			Weighted-		Average
Range of			Average		Remaining
Exercise			Exercise		Contractual	Intrinsic			Intrinsic
Prices		Number	Price		Life	Value		Number	Value
$	4.49-7.53	105,000	$	6.01	7.00			105,000
16.00-16.03		156,439	16.00		0.21			156,439
17.12-19.74		596,029	19.21		2.38			596,029
		857,468	$	17.01	2.55	$	8	857,468	$	8

Schedule of changes in stock awards (restricted stock units)

	2012				2011			2010
			Weighted-			Weighted-			Weighted-
			Average			Average			Average
			Grant Date			Grant Date			Grant Date
	Shares		Fair Value		Shares	Fair Value		Shares	Fair Value
Outstanding at beginning of year	455,352		$	4.98	194,914	$	4.75	—	$	—
Granted	266,258		4.83		250,728	5.16		191,579	4.75
Dividend equivalents earned	32,704		4.79		9,710	5.20		3,335	4.61
Vested	(9,925	)	4.19		—	––		—	––
Forfeited	(7,977	)	5.15		—	––		—	––
Outstanding at end of year	736,412		$	4.92	455,352	$	4.98	194,914	$	4.75

Summary of the changes in the company's stock unit awards

	2012				2011
			Weighted-			Weighted-
			Average			Average
			Grant Date			Grant Date
	Shares		Fair Value		Shares	Fair Value
Non-vested at beginning of year	22,771		$	5.23	—	$	—
Granted	31,897		4.77		22,426	5.23
Dividend equivalents earned	2,252		4.76		345	5.22
Vested	(23,929	)	5.21		—	—
Forfeited	—		—		—	—
Non-vested at end of year	32,991		$	4.77	22,771	$	5.23
Outstanding at end of year	56,920		$	4.96	22,771	$	5.23