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Stock Based Compensation (Tables)

6 Months Ended

Jun. 30, 2017

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Changes in Company's Nonvested Restricted Stock Awards

A summary of changes in the Company’s nonvested Restricted Stock Awards (“RSAs”) under the Omnibus Incentive Plan for the six months ended June 30, 2017 and 2016 were as follows:

						Weighted-Average
						Grant-Date
Nonvested RSAs		Shares				Fair Value
Nonvested at January 1, 2017			126,644			$	14.92
Granted			40,541				25.96
Vested			(62,773	)			15.84
Forfeited			(843	)			14.92
Nonvested at June 30, 2017			103,569			$	18.68

Summary of Changes in Company's Stock Options

A summary of the changes in the Company’s stock options under the Omnibus Incentive Plan for the six months ended June 30, 2017 were as follows:

										Weighted-Average
										Remaining				Aggregate
						Weighted-Average				Contractual Term				Intrinsic Value
Stock Options		Shares				Exercise Price				(In Years)				(In Thousands)
Outstanding at January 1, 2017			163,661			$	15.87
Granted			58,729				25.80
Exercised			(34,433	)			15.87
Forfeited or expired			(287	)			25.80
Outstanding at June 30, 2017			187,670			$	18.96				9.07			$	1,122
Fully vested shares and shares expected to vest at June 30, 2017			187,670			$	18.96				9.07			$	1,122
Shares exercisable at June 30, 2017			32,286			$	15.87				8.76			$	280

Schedule of Information Related to Stock Options

Information related to the stock options for the six months ended June 30, 2017 and 2016 follows:

		Six Months Ended June 30,
(Dollars in thousands, except per share amounts)		2017				2016
Aggregate intrinsic value of options exercised		$	243			$	—
Cash received from option exercises			281				—
Tax benefit realized from options exercises			85				—
Weighted average fair value of options granted		$	8.71			$	5.85

Fair Value of Stock Options Granted Weighted-Average Assumptions

The fair value of the stock options granted was determined using the following weighted-average assumptions:

		Six Months Ended June 30,
		2017				2016
Risk-free interest rate			2.11	%			1.49	%
Expected term		6.25 Years				6.25 Years
Expected stock price volatility			29.70	%			34.96	%
Dividend yield			—				—

X

- Definition

Tabular disclosure of cash received from exercise of stock options and similar instruments granted under share-based payment arrangements and tax benefit from exercise of stock options.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=SL79508275-113901

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Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

+ 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)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ 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 (d)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
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-Paragraph 2
-Subparagraph (c)(1)
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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ 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 (f)(2)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

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