Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of Information about Options Outstanding

The following table provides information about options outstanding for the three months ended September 30, 2013:

	Shares			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Options outstanding, June 30, 2013		688,476		$	20.69	$	4.69
Granted		11,475		$	21.24	$	4.83
Forfeited		—		$	—	$	—
Expired		(250	)	$	22.00	$	4.90
Exercised		(39,600	)	$	20.45	$	4.64
Options outstanding, September 30, 2013		660,101		$	20.72	$	4.70

The following table provides information about options outstanding for the nine months ended September 30, 2013:

	Shares			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Options outstanding, December 31, 2012		784,226		$	20.40	$	4.62
Granted		11,475		$	21.24	$	4.83
Forfeited		(650	)	$	19.65	$	4.62
Expired		(250	)	$	22.00	$	4.90
Exercised		(134,700	)	$	18.93	$	4.22
Options outstanding, September 30, 2013		660,101		$	20.72	$	4.70

Schedule of Information about Unvested Options

The following table provides information about unvested options for the three months ended September 30, 2013:

	Shares			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Unvested options, June 30, 2013		80,106		$	19.89	$	4.65
Granted		11,475		$	21.24	$	4.83
Vested		(61,435	)	$	20.93	$	4.79
Forfeited		—		$	—	$	—
Unvested options, September 30, 2013		30,146		$	18.27	$	4.42

The following table provides information about unvested options for the nine months ended September 30, 2013:

	Shares			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Unvested options, December 31, 2012		80,756		$	19.89	$	4.65
Granted		11,475		$	21.24	$	4.83
Vested		(61,435	)	$	20.93	$	4.79
Forfeited		(650	)	$	19.65	$	4.62
Unvested options, September 30, 2013		30,146		$	18.27	$	4.42

Schedule of Related Tax Benefits Realized from Options Exercised and Intrinsic Value of Options Exercised

Proceeds, related tax benefits realized from options exercised and intrinsic value of options exercised during the three months ended September 30, 2013 and 2012 are detailed below:

	Three Months Ended September 30,				Nine Months Ended September 30,
(dollars in thousands)	2013		2012		2013		2012
Proceeds from exercise of stock options	$	810	$	162	$	2,550	$	1,362
Related tax benefit recognized		75		27		231		107
Net proceeds of options exercised	$	885	$	189	$	2,781	$	1,469
Intrinsic value of options exercised	$	215	$	38	$	661	$	269

Schedule of Information about Options Outstanding and Exercisable

The following table provides information about options outstanding and exercisable at September 30, 2013:

(dollars in thousands, except exercise price)	Outstanding		Exercisable
Number of shares		660,101		629,955
Weighted average exercise price	$	20.72	$	20.83
Aggregate intrinsic value	$	4,127	$	3,865
Weighted average contractual term in years		3.3		3.1

Schedule of Unvested Restricted Stock Awards

The following table details the unvested RSAs for the three and nine months ended September 30, 2013:

	Three Months  Ended September 30, 2013					Nine Months  Ended September 30, 2013
	Number of Shares			Weighted Average Grant Date Fair Value		Number of Shares			Weighted Average Grant Date Fair Value
Beginning balance		46,815		$	18.89		56,631		$	19.15
Granted		6,665			22.50		6,665			22.50
Vested		(2,980	)		16.78		(9,115	)		19.20
Forfeited		—			—		(3,681	)		20.38
Ending balance		50,500		$	19.49		50,500		$	19.49

Schedule of Unvested Performance Stock Awards

The following table details the unvested PSAs for the three and nine months ended September 30, 2013:

	Three Months  Ended September 30, 2013					Nine Months  Ended September 30, 2013
	Number of Shares			Weighted Average Grant Date Fair Value		Number of Shares			Weighted Average Grant Date Fair Value
Beginning balance		184,191		$	10.62		185,766		$	10.62
Granted		75,714			13.36		75,714			13.36
Vested		(54,925	)		9.64		(54,925	)		9.64
Forfeited		—			—		(1,575	)		10.77
Ending balance		204,980		$	11.90		204,980		$	11.90