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Stock-Based Compensation Plans (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes the Company’s stock option activity for the three-month period ended March 31, 2017:
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Weighted
 
Average
 
 
 
 
 
 
 
Average
 
Remaining
 
Aggregate
 
 
 
 
 
Exercise
 
Contractual
 
Intrinsic
 
 
 
Shares
 
Price
 
Term (Years)
 
Value*
 
Outstanding at December 31, 2016
 
 
1,486,257
 
$
26.13
 
 
 
 
 
 
 
 
Exercised
 
 
(13,387)
 
$
26.59
 
 
 
 
 
 
 
 
Forfeited or expired
 
 
(2,650)
 
$
26.08
 
 
 
 
 
 
 
 
Outstanding at March 31, 2017
 
 
1,470,220
 
$
26.12
 
 
 
3.4
 
$
3,002,000
 
Exercisable at March 31, 2017
 
 
748,620
 
$
26.06
 
 
 
2.4
 
$
1,610,000
 
 
* The aggregate intrinsic value of outstanding and exercisable stock options is defined as the difference between the market value of the Company's stock on March 31, 2017 of $28.08 and the exercise price multiplied by the number of in-the-money outstanding and exercisable stock options.
Schedule of Cash Proceeds Received from Share-based Payment Awards [Table Text Block]
The following table summarizes the Company’s stock option exercise activity for the three months ended March 31, 2017 and 2016:
 
 
 
Three Months Ended March 31,
 
 
 
2017
 
2016
 
 
 
(Dollars in thousands)
 
Total intrinsic value of stock options exercised
 
$
41
 
$
1
 
Cash received from stock option exercises
 
$
356
 
$
12
 
Income tax benefit from the exercise of stock options
 
$
15
 
$
-
 
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
The following table summarizes the Company’s restricted stock award activity for the three month period ended March 31, 2017:
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Weighted
 
Average
 
 
 
 
 
Shares of
 
Average
 
Remaining
 
Aggregate
 
 
 
Restricted
 
Grant Date
 
Contractual
 
Intrinsic
 
 
 
Stock
 
Fair Value
 
Term (Years)
 
Value*
 
Non-vested at December 31, 2016
 
 
58,500
 
$
26.09
 
 
 
 
 
 
 
 
Issued
 
 
-
 
 
-
 
 
 
 
 
 
 
 
Vested
 
 
-
 
 
 
 
 
 
 
 
 
 
 
Forfeited
 
 
-
 
 
-
 
 
 
 
 
 
 
 
Non-vested at March 31, 2017
 
 
58,500
 
$
26.09
 
 
 
2.5
 
$
1,643,000
 
 
* The aggregate intrinsic value of non-vested restricted stock was calculated using the market value of the Company's stock on March 31, 2017 of $28.08 multiplied by the number of non-vested restricted shares outstanding.