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Stock-Based Compensation
 12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation

16.  Stock-Based Compensation

Stock Options

As of December 31, 2016 and 2015, there were no outstanding stock options. There were also no unrecognized compensation costs related to nonvested stock options granted under the stock option plan.

 

Additional information related to the stock option plan follows:

 

     2016      2015    2014  

Intrinsic value of options exercised

    $ 0      $0    $ 67  

Cash received from option exercises

      0        0      549  

Restricted Stock Awards

A summary of changes in nonvested restricted stock awards follows:

 

     Shares     

Weighted-average
Grant Date

Fair Value

  

Nonvested at January 1, 2016

      84,600        $17.01  

Granted

      52,750        17.66  

Vested

      (36,624 )       16.96  
  

 

 

     

 

 

  

Nonvested at December 31, 2016

      100,726        $17.36  
  

 

 

     

 

 

  

As of December 31, 2016 and 2015, there was $1,190 and $958, respectively, of total unrecognized compensation cost related to nonvested shares granted under the restricted stock award plan. The fair value of shares vesting during 2016, 2015, and 2014 was $624, $530 and $518, respectively. Compensation expense for restricted stock awards was $820 in 2016, $621 in 2015, and $548 in 2014.

The number of authorized stock-based awards still available for grant as of December 31, 2016 was 256,991.