STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2016

STOCK PLANS AND STOCK BASED COMPENSATION

Summary of stock option activity

	Nine Months Ended
	September 30, 2016
		Weighted
		Average
		Exercise
Options	Shares	Price
Outstanding, beginning of year	310,665	$	12.83
Granted	—		—
Exercised	(59,625)		14.20
Forfeited or expired	(12,125)		12.16
Outstanding at end of period	238,915	$	12.52
Exercisable at end of period	198,065	$	11.99
Fully vested and expected to vest	237,727	$	12.50

Schedule of details of stock options outstanding

	September 30,		December 31,
	2016		2015
Stock options vested and currently exercisable:
Number		198,065		269,415
Weighted average exercise price	$	11.99	$	12.48
Aggregate intrinsic value	$	2,567	$	2,801
Weighted average remaining life (in years)		3.3		3.6

Schedule of unrecognized stock option compensation expense related to unvested awards

Year	(in thousands)
October 2016 - December 2016	$	22
2017		35

Summary of changes in the nonvested shares

		Weighted Average
	Restricted	Grant Date
	Shares	Fair Value
Nonvested at January 1, 2016	101,631	$	16.57
Granted	40,152		21.91
Vested	(30,048)		13.75
Forfeited	(500)		16.55
Nonvested at September 30, 2016	111,235	$	19.26

Summary of executive's payout percentage from the LTIP upon achievement of certain performance levels

Performance	Payout
Threshold	0	%
Target	100	%
Superior	150	%

Schedule of executive's eligibility for payout of shares determined by certain measures

			Evaluated
Performance Measure	Weight		vs.
Return on Assets	50	%	Peer
Total Shareholder Return	25	%	Peer
Earnings Per Share	25	%	Goal

Schedule of shares awarded by quarter

Quarter		Shares	Price per Share
2016	1Q	358		19.89
2016	2Q	17,976		21.89