Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2015

Stock-Based Compensation [Abstract]

Information regarding stock option plan

Information regarding Bancorp’s stock-based compensation plan as of and for the three months ended March 31, 2015 is as follows:

	2015
	Shares			Weighted Average Price
Options outstanding, December 31, 2014		328,200		$	4.33
Options granted		-			-
Options exercised		(20,500	)	$	4.53
Options forfeited		(49,400	)	$	4.13
Options outstanding, March 31, 2015		258,300		$	4.36
Options exercisable, March 31, 2015		75,901		$	4.12

Summary of nonvested options in stock option plan

The following table summarizes the nonvested options in Bancorp’s stock option plan as of March 31, 2015.

	Shares			Weighted Average Grant Date Exercise Price
Nonvested options outstanding, December 31, 2014		198,505		$	4.44
Nonvested options granted		-			-
Nonvested options vested		(16,106	)	$	4.34
Nonvested options forfeited		-			-
Nonvested options outstanding, March 31, 2015		182,399		$	4.45