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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2016
Stockholders' Equity Note [Abstract]  
Schedule of Consolidated and Bank Actual Capital and Minimum Required Levels
At December 31, 2016, consolidated and bank actual capital and minimum required levels are presented below:
 
 
Actual:
 
Minimum Required For Capital Adequacy Purposes:
 
Minimum Required To Be Well-Capitalized Under Prompt Corrective Action Regulations:
 
 
Amount
 
Ratio
 
Amount
 
Ratio (1)
 
Amount
 
Ratio
Total Capital (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 

 
 

Consolidated
 
$
307,754

 
13.30
%
 
$
185,117

 
8.00
%
 
N/A

 
N/A

Bank
 
288,793

 
12.48

 
185,104

 
8.00

 
$
231,380

 
10.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 (Core) Capital (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 
 
 

Consolidated
 
$
292,946

 
12.66
%
 
$
138,838

 
6.00
%
 
N/A

 
N/A

Bank
 
273,985

 
11.84

 
138,828

 
6.00

 
$
185,104

 
8.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Common Tier 1, (CET 1) Capital Ratio (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 
 
 

Consolidated
 
$
282,138

 
12.19
%
 
$
104,129

 
4.50
%
 
N/A

 
N/A

Bank
 
273,985

 
11.84

 
104,121

 
4.50

 
$
150,397

 
6.50
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Core Capital (to Average Assets)
 
 

 
 

 
 

 
 

 
 

 
 

Consolidated
 
$
292,946

 
10.09
%
 
$
116,165

 
4.00
%
 
N/A

 
N/A

Bank
 
273,985

 
9.46

 
115,853

 
4.00

 
$
144,816

 
5.00
%

(1) Excludes capital conservation buffer.
 
At December 31, 2015, consolidated and bank actual capital and minimum required levels are presented below:
 
 
Actual:
 
Minimum Required For Capital Adequacy Purposes:
 
Minimum Required To Be Well-Capitalized Under Prompt Corrective Action Regulations:
 
 
Amount
 
Ratio
 
Amount
 
Ratio (1)
 
Amount
 
Ratio
Total Capital (to Risked Assets)
 
 

 
 

 
 

 
 

 
 

 
 

Consolidated
 
$
247,825

 
13.71
%
 
$
144,563

 
8.00
%
 
N/A

 
N/A

Bank
 
217,723

 
12.08

 
144,228

 
8.00

 
$
180,285

 
10.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 (Core) Capital (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 
 
 

Consolidated
 
$
233,387

 
12.92
%
 
$
108,422

 
6.00
%
 
N/A

 
N/A

Bank
 
203,285

 
11.28

 
108,171

 
6.00

 
$
144,228

 
8.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Common Tier 1, (CET 1) Capital Ratio (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 
 
 

Consolidated
 
$
228,233

 
12.63
%
 
$
81,317

 
4.50
%
 
N/A

 
N/A

Bank
 
203,285

 
11.28

 
81,128

 
4.50

 
$
117,185

 
6.50
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Core Capital (to Average Assets)
 
 

 
 

 
 

 
 

 
 

 
 

Consolidated
 
$
233,387

 
10.15
%
 
$
92,001

 
4.00
%
 
N/A

 
N/A

Bank
 
203,285

 
8.87

 
91,700

 
4.00

 
$
114,625

 
5.00
%


(1) Excludes capital conservation buffer.
Summary of Stock Option Activity
The following table presents activity for stock options under the Company’s equity incentive plan for 2016:
 
 
Year Ended December 31, 2016
 
 
Number of
Options
 
Weighted
Average Price
of Options
 
Weighted Average
Life of Options
(in years)
 
Aggregate
Intrinsic
Value
 
 
 
 
 
 
 
 
 
Outstanding at Beginning of Period
 
7,000

 
$
13.25

 
 
 
 

Granted
 

 

 
 
 
 

Exercised
 
(7,000
)
 
13.25

 
 
 
 

Forfeited
 

 

 
 
 
 

Expired
 

 

 
 
 
 

Outstanding and Exercisable at End of Period
 

 
$

 
0
 
$

Schedule of Stock Option Activity under Equity Incentive Plan
The following table presents information related to stock options under the Company’s equity incentive plan during the years ended 2016, 2015 and 2014: 
 
 
2016
 
2015
 
2014
 
 
 
 
 
 
 
Intrinsic Value of Options Exercised
 
$
137

 
$
559

 
$
221

Cash Received from Option Exercises
 
$

 
$

 
$

Tax Benefit of Option Exercises
 
$
55

 
$
224

 
$
76

Weighted Average Fair Value of Options Granted
 
$

 
$

 
$

Schedule of Restricted Stock and Cash Entitlements Expense
The following table presents expense recorded for restricted stock and cash entitlements as well as the related tax effect for the years ended 2016, 2015, and 2014:
 
 
2016
 
2015
 
2014
 
 
 
 
 
 
 
Restricted Stock Expense
 
$
1,407

 
$
963

 
$
627

Cash Entitlement Expense
 
570

 
580

 
393

Tax Effect
 
(782
)
 
(615
)
 
(413
)
Net of Tax
 
$
1,195

 
$
928

 
$
607

Schedule of Restricted Stock Grants Outstanding
The following table presents information on restricted stock grants outstanding for the period shown:
 
 
Year Ended
December 31, 2016
 
 
Restricted
Shares
 
Weighted
Average Market
Price at Grant
 
 
 
 
 
Outstanding at Beginning of Period
 
34,513

 
$
29.79

Granted
 
36,012

 
34.54

Issued and Vested
 
(35,083
)
 
30.71

Forfeited
 

 

Outstanding at End of Period
 
35,442

 
$
33.48