XML 49 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
SHARE-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Nonvested Restricted Shares Activity
The following table presents a summary of nonvested restricted shares activity for 2017.
 
Shares
 
Weighted Average Grant Date
Fair Value
 
 
 
 
Nonvested shares, beginning of year
227,337

 
$
16.88

Granted
67,753

 
22.52

Forfeited
(13,079
)
 
18.36

Vested
(13,600
)
 
17.95

Nonvested shares, end of year
268,411

 
$
18.18

Schedule of Restricted Shares Compensation Expense
The following table presents restricted shares compensation expense, with tax benefit information, and fair value of shares vested for the years ended December 31, 2017, 2016, and 2015.
 
Years Ended December 31,
(Dollars in thousands)
2017
 
2016
 
2015
 
 
 
 
 
 
Restricted share award expense
$
1,369

 
$
941

 
$
732

Restricted share award tax benefit
465

 
320

 
256

Fair value of shares vested
303

 
237

 
43

Summary of Outstanding Stock Options Activity
The following table presents a summary of outstanding stock options activity for 2017.
 
 
Shares
 
Weighted Average
Exercise Price
 
 
 
 
Outstanding, beginning of year
80,370

 
$
27.37

Forfeited
(1,300
)
 
21.14

Expired
(19,487
)
 
32.33

Options outstanding and exercisable, end of year
59,583

 
$
25.89

Schedule of Information Pertaining to Options Outstanding and Exercisable
The following table presents information pertaining to options outstanding and exercisable at December 31, 2017.
 
Range of
Exercise Prices
 
Number
Outstanding and Exercisable
 
Weighted Average
Remaining Contractual
Life (Years)
 
Weighted
Average
Exercise Price
 
 
 
 
 
 
 
$21.14 - $24.99
 
33,699

 
2.36
 
$
21.49

$25.00 - $29.99
 
2,792

 
2.25
 
25.76

$30.00 - $34.99
 
15,744

 
0.47
 
30.10

$35.00 - $37.59
 
7,348

 
1.52
 
37.08

$21.14 - $37.59
 
59,583

 
1.75
 
$
25.89

Employee Stock Ownership Plan
The following table presents information for the employee stock purchase plan for the years ended December 31, 2017, 2016 and 2015.
 
Years Ended December 31,
(Dollars in thousands except share information)
2017
 
2016
 
2015
 
 
 
 
 
 
Shares purchased
6,632

 
6,334

 
6,305

Weighted average price of shares purchased
$
20.57

 
$
16.64

 
$
15.83

Compensation expense recognized
17

 
17

 
8

Tax benefits
6

 
6

 
3