SHARE BASED COMPENSATION AND BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2014

SHARE BASED COMPENSATION AND BENEFIT PLANS [Abstract]

Summary of outstanding stock option grants and transactions

A summary of outstanding stock option grants and related transactions follows:

						Weighted-
						Average
				Average		Remaining		Aggregated
	Number of			Exercise		Contractual		Intrinsic
	Shares			Price		Term (Years)		Value
	(In thousands)
Outstanding at January 1, 2014		320,300		$	4.52
Granted		-
Exercised		(32,896	)		2.93
Forfeited		(5,300	)		5.22
Expired		(284	)		3.46
Outstanding at December 31, 2014		281,820		$	4.69		7.10	$	2,431
Vested and expected to vest at December 31, 2014		277,216		$	4.69		7.08	$	2,394
Exercisable at December 31, 2014		198,884		$	4.62		6.68	$	1,752

Summary of non-vested restricted stock and stock units and transactions

A summary of outstanding non-vested stock and related transactions follows:

				Weighted-
				Average
	Number			Grant Date
	of Shares			Fair Value
Outstanding at January 1, 2014		303,980		$	3.77
Granted		105,624			13.79
Vested		-
Forfeited		(2,474	)		13.34
Outstanding at December 31, 2014		407,130		$	6.31

Summary of weighted-average assumptions used in Black-Scholes option pricing model for grants of stock options

A summary of the weighted-average assumptions used in the Black-Scholes option pricing model for grants of stock options follows (no stock options were granted in 2014):

	2013			2012
Expected dividend yield		0.31	%		0.74	%
Risk-free interest rate		1.12			0.88
Expected life (in years)		6.00			6.00
Expected volatility		101.30	%		100.01	%
Per share weighted-average grant date fair value	$	4.98		$	2.04

Information regarding options exercised

Certain information regarding options exercised during the periods ending December 31 follows:

	2014		2013		2012
	(In thousands)
Intrinsic value	$	321	$	117	$	3
Cash proceeds received	$	96	$	39	$	4
Tax benefit realized	$	112	$	-	$	-