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Stock-Based Compensation (Tables) | 9 Months Ended
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Sep. 30, 2016
Stock-Based Compensation [Abstract] |
Schedule of Stock-Based Compensation | The following tables provide information on stock-based compensation expense for the three and nine months ended September 30, 2016 and 2015. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | For the Three Months Ended |  | For the Nine Months Ended
﻿ |  | September 30, |  | September 30,
﻿(Dollars in thousands) |  | 2016 |  | 2015 |  | 2016 |  | 2015
﻿Stock-based compensation expense |  | $ | 85 |  | $ | 41 |  | $ | 262 |  | $ | 232
﻿Proceeds from issuance of common stock |  |  | 50 |  |  | 3 |  |  | 53 |  |  | 3
﻿
﻿ |  |  |  |  |  |  |  |
﻿ |  | September 30,
﻿(Dollars in thousands) |  | 2016 |  | 2015
﻿Unrecognized stock-based compensation |  |  |  |  |  |  |  |
﻿expense |  | $ | 132 |  |  | $ | 55 |
﻿Weighted average period unrecognized |  |  |  |  |  |  |  |
﻿expense is expected to be recognized |  |  | 0.6 | years |  |  | 0.4 | years
﻿
Schedule of Share-based Compensation, Restricted Stock Units Award Activity | The following table summarizes restricted stock award activity for the Company under the 2006 Equity Plan and the 2016 Equity Plan for the nine months ended September 30, 2016 and 2015. ﻿
﻿ |  |  |  |  |  |
﻿ |  |  | Number of |  | Weighted Average Grant
﻿ September 30, 2016 |  |  | Shares |  | Date Fair Value
﻿Nonvested at beginning of period |  |  | 12,488 |  | $ | 8.74
﻿Granted |  |  | 25,315 |  |  | 11.48
﻿Vested |  |  | (20,738) |  |  | 9.83
﻿Cancelled |  |  | - |  |  | -
﻿Nonvested at end of period |  |  | 17,065 |  | $ | 11.46
﻿
﻿ |  |  |  |  |  |
﻿ |  |  | Number of |  | Weighted Average Grant
﻿ September 30, 2015 |  |  | Shares |  | Date Fair Value
﻿Nonvested at beginning of period |  |  | 14,251 |  | $ | 8.33
﻿Granted |  |  | 11,915 |  |  | 9.19
﻿Vested |  |  | (13,678) |  |  | 8.90
﻿Cancelled |  |  | - |  |  | -
﻿Nonvested at end of period |  |  | 12,488 |  | $ | 8.74
﻿
Schedule of Share-based Compensation, Stock Options Activity | The following table summarizes stock option activity for the Company under the 2006 Equity Plan and the 2016 Equity Plan for the nine months ended September 30, 2016 and 2015. ﻿
﻿ |  |  |  |  |  |
﻿ |  |  | Number of |  | Weighted Average Grant
﻿ September 30, 2016 |  |  | Shares |  | Date Fair Value
﻿Outstanding at beginning of period |  |  | 61,327 |  | $ | 8.05
﻿Granted |  |  | 12,443 |  |  | 11.12
﻿Exercised |  |  | (11,684) |  |  | 6.64
﻿Expired/Cancelled |  |  | - |  |  | -
﻿Outstanding at end of period |  |  | 62,086 |  | $ | 8.29
﻿ |  |  |  |  |  |
﻿Exercisable at end of period |  |  | 58,756 |  | $ | 8.14
﻿
﻿ |  |  |  |  |  |
﻿ |  |  | Number of |  | Weighted Average Grant
﻿ September 30, 2015 |  |  | Shares |  | Date Fair Value
﻿Outstanding at beginning of period |  |  | 27,108 |  | $ | 6.64
﻿Granted |  |  | 34,219 |  |  | 9.18
﻿Exercised |  |  | - |  |  | -
﻿Expired/Cancelled |  |  | - |  |  | -
﻿Outstanding at end of period |  |  | 61,327 |  | $ | 8.05
﻿ |  |  |  |  |  |
﻿Exercisable at end of period |  |  | 27,108 |  | $ | 6.64
﻿
Schedule of Share-based Payment Award, Stock Option Valuation Assumptions | The following weighted average assumptions were used as inputs to the Black-Scholes valuation model for options granted in 2016 and 2015. ﻿ ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  | 2016 |  | 2015
﻿Dividend yield |  | 0.73 | % |  | 0 | %
﻿Expected volatility |  | 38.60 | % |  | 32 | %
﻿Risk-free interest rate |  | 1.75 | % |  | 1.97 | %
﻿Expected contract life (in years) |  | 10 years |  |  | 7 years |
﻿

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- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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