XML 41 R29.htm IDEA: XBRL DOCUMENT v3.4.0.3
Note 10 - Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2016
Notes Tables  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
Three Months Ended March 31,
 
 
 
2016
 
 
2015
 
 
 
Shares
 
 
Weighted-
Average
Exercise Price
 
 
Shares
 
 
Weighted-
Average
Exercise Price
 
                                 
Beginning balance
    298,740     $ 9.97       759,683     $ 11.36  
Issued
    -       -       -       -  
Exercised
    (16,759 )     11.80       (280,425 )     12.40  
Forfeited
    (1,100 )     15.48       -       -  
Expired
    (6,037 )     13.57       (8,007 )     16.90  
Ending balance
    274,844     $ 9.76       471,251     $ 10.65  
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
Outstanding:
 
Stock Options
   
Weighted-Average
   
Weighted-Average
Remaining
 
Range of Exercise Prices
 
Outstanding
   
Exercise Price
   
Contractual Life
 
$5.76
  $9.21     157,495     $ 5.76       2.78  
$9.22
  $15.47     96,544       12.61       1.41  
$15.48
  $22.66     11,657       19.05       4.68  
$22.67
  $49.50     9,148       36.61       7.40  
          274,844     $ 9.76       2.53  
Exercisable:
 
Stock Options
   
Weighted-Average
 
Range of Exercise Prices
 
Exercisable
   
Exercise Price
 
$5.76
  $9.21     105,448     $ 5.76  
$9.22
  $15.47     96,544       12.61  
$15.48
  $22.66     10,337       18.93  
$22.67
  $49.50     2,648       24.59  
          214,977     $ 9.70  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
 
Three Months Ended
 
 
Years Ended December 31,
 
 
 
March 31, 2016
 
 
2015
 
 
2014
 
Expected volatility
    n/a       31.21 %     34.25 %
Weighted-Average volatility
    n/a       31.21 %     34.25 %
Expected dividends
    0.0 %     0.0 %     0.0 %
Expected term (in years)
    n/a       7.0       9.4  
Risk-free rate
    n/a       1.64 %     2.26 %
Weighted-average fair value (grant date)
    n/a     $ 16.73     $ 13.49  
Weighted-average fair value (grant date)
for Virginia Heritage Bank ("VHB") options assumed
    n/a       n/a     $ 24.89  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
 
 
Three Months Ended March 31,
 
 
 
2016
 
 
2015
 
 
 
Shares
 
 
Weighted-
Average Grant
Date Fair Value
 
 
Shares
 
 
Weighted-
Average Grant
Date Fair Value
 
                                 
Unvested at beginning
    369,093     $ 24.43       509,336     $ 21.58  
Issued
    139,732       46.17       78,070       36.06  
Forfeited
    (766 )     37.48       (339 )     28.09  
Vested
    (195,188 )     22.53       (193,338 )     20.66  
Unvested at end
    312,871     $ 35.29       393,729     $ 24.90