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STOCK COMPENSATION PLANS (Tables)
9 Months Ended
Sep. 30, 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 period

 

28,427

 

 

13.39

 

Vested during the period

 

(31,559)

 

 

11.55

 

Nonvested balance at September 30, 2017

 

87,285

 

$

11.78