Share-Based Compensation Plans (Tables)

6 Months Ended

Jun. 30, 2013

Share-Based Compensation Plans

Summary of recognized and unrecognized share based compensation expense

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
(dollar amounts in thousands)	2013		2012		2013		2012
Share-based compensation expense:
Stock option expense	$	54	$	40	$	115	$	53
Restricted stock expense	55		49		128		75
Total expense	$	109	$	89	$	243	$	128
Unrecognized compensation expense:
Stock option expense	$	513	$	287
Restricted stock expense	549		451
Total unrecognized expense	$	1,062	$	738

Summary of activity related to options granted, exercised, and forfeited

	Options Outstanding				Options
	Number		Weighted Average		Available for
	of Shares		Exercise Price		Grant
Balance, December 31, 2012	523,129		$	6.11	1,715,616
Granted	59,389		5.75
Forfeited	(30,597	)	4.66
Expired	(4,275	)	4.62
Exercised	(18,480	)	3.98
Balance, June 30, 2013	529,166		$	6.24	1,686,651

Summary of activity related to restricted stock granted, vested and forfeited

	Number of		Average Grant
	Shares		Date Fair Value
Balance December 31, 2012	196,850		$	4.27
Granted	25,862		5.80
Vested	(19,050	)	5.39
Forfeited	(8,892	)	5.17
Balance June 30, 2013	194,770		$	4.32

Summary of the aggregate intrinsic value of options vested and expected to vest and exercisable

				Weighted Average
		Weighted		Remaining	Aggregate
		Average		Contractual Life	Intrinsic
	Shares	Exercise Price		(Years)	Value
Vested or expected to vest	509,018	$	6.27	7.212	$	675,463
Exercisable at June 30, 2013	246,268	$	7.54	5.507	$	388,375

Schedule of assumptions used in the calculation of weighted average fair value of options granted

	For the Six Months Ended
	June 30,
	2013		2012
Expected volatility	55.32%		51.96%
Expected term (years)	6		7
Dividend yield	0.00%		0.00%
Risk free rate	1.10%		1.33%
Weighted-average grant date fair value	$	2.98	$	2.41