Share Based Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Outstanding Nonvested Restricted Shares

A roll forward of the Company’s nonvested restricted shares for the nine months ended September 30, 2014 is presented below:

	Shares	Weighted Average Exercise Price
Nonvested shares, beginning of year	5,000	$	10.43
Granted	150,500	15.69
Nonvested shares, at period end	155,500	$	15.52

Summary of Outstanding Stock Options

A roll forward of the Company’s outstanding stock options for the nine months ended September 30, 2014 is presented below:

	Shares	Weighted Average Exercise Price
Outstanding at beginning of year	206,063	$	32.20
Forfeited	20,319	31.81
Expired	35,164	37.00
Options outstanding and exercisable, at year end	150,580	$	31.14

Information Pertaining to Outstanding and Exercisable Options

Information pertaining to options outstanding and exercisable at September 30, 2014 is as follows:

Range of Exercise Prices	Number Outstanding	Weighted Average Remaining Contractual Life (Years)	Weighted Average Exercise Price
$21.14 - $24.99	42,985	5.55	$	21.41
$25.00 - $29.99	2,792	5.51	25.76
$30.00 - $34.99	45,470	3.02	31.25
$35.00 - $39.99	29,567	2.56	36.54
$40.00 - $40.14	29,766	0.72	40.14
$21.14 - $40.14	150,580	3.24	$	31.14