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Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation [Table Text Block]

The following tables provide information on stock-based compensation expense for the first three months of 2013 and 2012.

 

    For the Three Months Ended  
    March 31,  
(Dollars in thousands)   2013     2012  
Stock-based compensation expense   $ 22     $ 97  
Excess tax expense related to stock-based compensation     26       83  

 

    March 31,  
(Dollars in thousands)   2013     2012  
Unrecognized stock-based compensation expense   $ 148     $ 257  
Weighted average period unrecognized expense is expected to be recognized     2.1 years       2.3 years  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

The following table summarizes restricted stock award activity for the Company under the 2006 Equity Plan for the three months ended March 31, 2013.

 

    Number     Weighted Average Grant  
    of Shares     Date Fair Value  
Nonvested at beginning of period     6,548     $ 14.89  
Granted     3,930       6.81  
Vested     (6,548 )     14.89  
Cancelled     -       -  
Nonvested at end of period     3,930     $ 6.81  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes stock option activity for the Company under the 2006 Equity Plan for the three months ended March 31, 2013.

 

          Weighted     Weighted Average  
    Number     Average     Grant Date  
    of Shares     Exercise Price     Fair Value  
Outstanding at beginning of period     54,216     $ 6.64     $ 3.44  
Granted     -       -       -  
Exercised     -       -       -  
Expired/Cancelled     -       -       -  
Outstanding at end of period     54,216     $ 6.64     $ 3.44  
                         
Exercisable at end of period     -     $ -     $ -  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following weighted average assumptions were used as inputs to the Black-Scholes valuation model for options outstanding at March 31, 2013.

 

Dividend yield 0.60%
Expected volatility 58.65%
Risk-free interest rate 1.69%
Expected contract life (in years) 5.83