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Stock Options (Tables)

3 Months Ended

Mar. 31, 2014

Stock Options

Summary of option activity under stock option plan

		Number of options		Weighted average exercise price			Weighted average remaining contractual term (years)		Aggregate intrinsic value ($)
									(Dollars in Thousands)
Options outstanding at December 31, 2013		515,143		$	15.98
Plus: Options granted		549,750		21.42
Less:
Options exercised		8,399		14.23
Options expired		—		—
Options forfeited		500		10.40
Options outstanding at March 31, 2014		1,055,994		18.83			6.00		6,711
Options fully vested and exercisable at March 31, 2014		222,942		18.43			2.42		1,593

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- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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