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STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of weighted average assumptions as of grant date used to determine fair value of options granted




Risk-free interest rate	1.29	%	2.36	%	3.04	%
Expected term (years)	7.00		7.00		7.00
Expected stock price volatility	40.19	%	61.41	%	57.06	%
Dividend yield	0.42	%	0.46	%	0.63	%

Summary of the activity in the 2007 stock incentive plan and the 2003 plan

Options (restated for stock dividends and splits)			Weighted Average Exercise Price			Aggregate Intrinsic Value


Outstanding, beginning of year	415,723		$	13.00
Granted	78,500			11.89
Exercised	(19,900	)		5.40
Forfeited or expired	(41,191	)		13.92

Outstanding at end of year	433,132		$	13.06	5.2	$	959
Exercisable at year end	344,722		$	13.53	4.1	$	826
Fully vested and expected to vest	424,330		$	13.09	5.1	$	948

Schedule of information related to the 2007 stock incentive plan and the 2003 plan

	2012		2011		2010


Intrinsic value of options exercised	$	124	$	—	$	—
Cash received from option exercises		120		—		—
Tax benefit realized from option exercises		12		—		—
Weighted average (per share) fair value of options granted		4.88		5.16		3.59

Summary of changes in the Company's nonvested shares for 2012

		Weighted Average Grant Date Fair Value


Nonvested at January 1, 2012	46,244	$	9.68
Granted	48,061	$	11.85
Vested	0		0
Forfeited	0		0

Nonvested at December 31, 2012	94,305	$	10.79

Schedule of shares awarded

Quarter			Price per Share


2 Q	2011	6,750	$	9.53
3 Q	2011	7,902	$	8.80
4 Q	2011	9,130	$	9.44
1 Q	2012	8,750	$	9.29
2 Q	2012	7,200	$	11.83
3Q	2012	7,200	$	11.58
4Q	2012	7,200	$	12.25

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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