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Stock-Based Compensation
 12 Months Ended
Dec. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock-Based Compensation

16.  Stock-Based Compensation

Stock Options

A summary of the status of the stock options is presented below:

 

    

Stock
Options

    

Weighted-average

Exercise Price

  

Outstanding at January 1, 2013

      75,500      $ 16.79   

Exercised

      (40,000 )      17.45   
  

 

 

    

 

 

  

Outstanding at December 31, 2013

      35,500      $ 16.04   
  

 

 

    

 

 

  

Options vested and exercisable at December 31, 2013

      35,500     

Fair value of options granted during 2013

      N/A     

Number of authorized stock-based awards available for grant

      393,441     

Options outstanding and exercisable at December 31, 2013 are as follows:

 

Exercise Price

    Number      Remaining
Contractual
Life		  

$16.04

      35,500         1.0 years   

The aggregate intrinsic value of all options outstanding and exercisable at December 31, 2013 and 2012 was $105 and $13, respectively.

Additional information related to the stock option plan follows:

 

     2013      2012    2011  

Intrinsic value of options exercised

    $ 99       $114    $ 151   

Cash received from option exercises

      698       424      259   

As of December 31, 2013, there was no unrecognized compensation cost related to nonvested stock options granted under the stock option plan.

Restricted Stock Awards

A summary of changes in nonvested restricted stock awards follows:

 

     Shares    

Weighted-average

Grant Date

Fair Value

  

Nonvested at January 1, 2013

      49,574        $15.37   

Granted

      31,500        17.10   

Forfeited

      (525 )      16.44   

Vested

      (18,473 )      15.33   
  

 

 

    

 

 

  

Nonvested at December 31, 2013

      62,076        $16.25   
  

 

 

    

 

 

  

 

As of December 31, 2013 and 2012, there was $675 and $536, respectively, of total unrecognized compensation cost related to nonvested shares granted under the restricted stock award plan. The fair value of shares vesting during 2013, 2012, and 2011 was $323, $206 and $173, respectively. Compensation expense for restricted stock awards was $390 in 2013, $277 in 2012, and $213 in 201.