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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Stock Options Valuation Assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

Dividend Yield

 

 

2.70 

%

 

 

2.72 

%

 

 

2.84 

%

Expected Life (years)

 

 

6.36 

 

 

 

6.36 

 

 

 

7.00 

 

Expected Volatility

 

 

20.76 

%

 

 

20.58 

%

 

 

20.19 

%

Risk-free Interest Rate

 

 

2.11 

%

 

 

1.16 

%

 

 

1.28 

%

Weighted Average Fair Value

 

$

3.64 

 

 

$

2.48 

 

 

$

1.95 

 

 

Schedule Of Stock Options Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options

 

Weighted Average Exercise Price

 

Weighted Average Remaining Contractual Term (years)

 

Aggregate Intrinsic Value
($ in thousands)

Balance, December 31, 2013

 

 

263,976 

 

 

$

15.64 

 

 

 

 

 

 

 

 

 

Granted

 

 

31,300 

 

 

 

22.93 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(42,151)

 

 

 

16.46 

 

 

 

 

 

 

 

 

 

Expired

 

 

(3,947)

 

 

 

22.04 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(12,486)

 

 

 

19.06 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2014

 

 

236,692 

 

 

$

16.17 

 

 

 

5.71 

 

 

$

2,093 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable, December 31, 2014

 

 

161,127 

 

 

$

15.12 

 

 

 

4.59 

 

 

$

1,594 

 

 

Schedule Of Restricted Stock Award Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares

 

Weighted Average Grant Date Fair Value

Balance, December 31, 2013

 

 

25,524 

 

$

16.82 

Granted

 

 

21,383 

 

 

21.34 

Vested

 

 

(11,721)

 

 

17.00 

Forfeited

 

 

(6,678)

 

 

21.38 

Balance, December 31, 2014

 

 

28,508 

 

$

19.07 

 

Schedule Of Activity Under Share Based Compensation Plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

 

 

(in thousands)

Total intrinsic value of stock options exercised

 

$

287 

 

$

30 

 

$

23 

Total fair value of restricted stock awards vested

 

$

273 

 

$

136 

 

$

137 

 

Schedule Of Employee Stock Purchase Plan Valuation Assumptions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

Dividend Yield

 

 

2.95 

%

 

 

3.00 

%

 

 

3.20 

%

Expected Life (years)

 

 

0.50 

 

 

 

0.50 

 

 

 

0.50 

 

Expected Volatility

 

 

22.41 

%

 

 

14.21 

%

 

 

21.66 

%

Risk-free Interest Rate

 

 

0.08 

%

 

 

0.11 

%

 

 

0.10 

%

Weighted Average Fair Value

 

$

6.56 

 

 

$

4.80 

 

 

$

4.26 

 

 

Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Unrecognized Compensation Cost

 

 

 

 

 

 

 

 

 

 

(in thousands)

2015 

 

$

96 
2016 

 

 

78 
2017 

 

 

48 
2018 

 

 

13 

 

Restricted Stock [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Unrecognized Compensation Cost

 

 

 

 

 

 

 

 

 

 

(in thousands)

2015 

 

$

155 
2016 

 

 

130 
2017 

 

 

83 
2018 

 

 

23