STOCK COMPENSATION PLANS (Tables)

3 Months Ended

Mar. 31, 2017

STOCK COMPENSATION PLANS

Summary of restricted stock units awards granted

Date of Award	Units Granted	Market Value at grant date	Vesting Term
March, 2014	52,774	12.95	4 years
March, 2015	37,730	11.15	4 years
May, 2015	3,000	10.77	Immediate
February, 2016	35,733	9.91	4 years
February, 2017	28,427	13.39	4 years

Summary of changes in nonvested shares

		Weighted Average
	Number	Grant Date
	Outstanding	Fair Value
Nonvested balance at January 1, 2017	90,417	$	11.19
Granted during the quarter	28,427		13.39
Vested during the quarter	(31,559)		11.55
Nonvested balance at March 31, 2017	87,285	$	11.78