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Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2014
Compensation Plan [Abstract]  
Schedule of Assumptions Used to Estimate Fair Value
For purposes of determining the fair value of stock option awards granted, the Company used the Black-Scholes option pricing model and the assumptions set forth in the table below.

 

    2012  
Dividend yield     2.9 %
Expected volatility     44.2 %
Risk free rate of return     4.0 %
Expected lives     2.9 years  
Schedule of Stock Option Activity

The following table summarizes the stock option activity of the Plans:

 

    Shares     Weighted
Average
Exercise Price
    Weighted
Average
Grant Date
Fair Value
    Weighted
Average
Remaining
Contractual
Life (Years)
 
Outstanding at December 31, 2011     328,700       8.58       4.42       6.2  
Granted     9,830       8.59       32.57       5.6  
Exercised     (217,820 )     7.92       4.40       4.8  
Canceled     (250 )     8.69       4.57       6.3  
Outstanding at December 31, 2012     120,460       8.58       6.76       5.7  
Granted     -       -       -       -  
Exercised     (63,239 )     8.51       6.86       4.4  
Canceled     -       -       -       -  
Outstanding at December 31, 2013     57,221       8.66       6.65       5.0  
Granted     -       -       -       -  
Exercised     (16,244     8.25       7.54       3.9  
Canceled     -       -       -       -  
Outstanding at December 31, 2014     40,977       8.82       6.29       4.1  
Exercisable Options Outstanding at December 31, 2014     40,977       8.82       6.29       4.1  
Non-Vested Options Outstanding at December 31, 2014     -       -       -       -