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Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock option activity
A summary of the combined activity of the Company’s stock option compensation plans for the three month periods ended March 31, 2017 follows (in thousands, except per share amounts): 
 
 
Shares
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic Value (In thousands)
Options outstanding at January 1, 2017
 
202,215

 
$
6.87

 
 
 
 

Options exercised
 
(54,915
)
 
$
6.76

 
 
 
 

Options forfeited
 
(1,160
)
 
$
8.02

 
 
 
 

Options outstanding at March 31, 2017
 
146,140

 
$
6.91

 
3.96
 
$
1,987

Options vested or expected to vest at March 31, 2017
 
145,318

 
$
6.90

 
3.95
 
$
1,977

Options exercisable at March 31, 2017
 
132,190

 
$
6.79

 
3.80
 
$
1,813



Information related to the stock option plan is as follows (in thousands):
 
 
For the Quarter Ended
Ended March 31,
 
 
2017
 
2016
Intrinsic value of options exercised
 
$
751

 
$
114

Cash received from options exercised
 
$
371

 
$
143

Excess tax benefit realized for option exercises
 
$
92

 
$
5

Restricted common stock activity
The following table summarizes restricted stock activity for the three month period ended March 31, 2017 as follows: 
 
 
Shares
 
Weighted
Average
Grant-Date Fair Value
Nonvested outstanding shares at January 1, 2017
 
93,501

 
$
13.35

Granted
 

 
$

Vested
 
(11,205
)
 
$
12.66

Forfeited
 
(150
)
 
$
12.95

Nonvested outstanding shares at March 31, 2017
 
82,146

 
$
13.45