Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2012

Stock-Based Compensation [Abstract]

Summary of restricted stock issued

The following table summarizes all restricted stock issued:

				Weighted
				average
	Restricted			issuance price
	shares			per share
Balance at December 31, 2011		122,208		$	30.74
Restricted shares granted		54,637			22.97
Restricted shares vested		(54,233	)		32.46
Balance at September 30, 2012		122,612		$	26.52

Summary of all stock options outstanding

The following table summarizes all stock options outstanding:

								Weighted
				Weighted				average
	Shares			average		Aggregate		contractual
	subject			exercise price		intrinsic		remaining life
	to option			per share		value		in years
Balance at December 31, 2011		104,000		$	28.57	$	126,570		6.2
Granted		16,000			22.95
Exercised		(4,000	)		15.04
Balance at September 30, 2012		116,000		$	28.27	$	232,070		6.2

Summary of stock options outstanding

The following table summarizes information about stock options outstanding as of September 30, 2012:

	Options outstanding						Options exercisable
					Weighted				Weighted
	Number				average		Number		average
	of		Average		exercise		of		exercise
Range of exercise prices	options		life (1)		price		options		price
$8.52 - $8.55		6,000		0.6	$	8.55		6,000	$	8.55
$10.025 - $15.625		6,000		1.6		12.63		6,000		12.63
$20.16 - $26.86		56,000		6.6		23.37		40,000		23.53
$37.225 - $40.455		48,000		6.0		38.40		48,000		38.40
Total		116,000		5.8	$	28.27		100,000	$	29.12

⁽¹⁾ Average life remaining in years.