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STOCK COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2014

STOCK COMPENSATION [Abstract]

Summary of restricted stock activity

A summary of restricted stock activity from December 31, 2013 to March 31, 2014 is presented below:

		Shares				Weighted–Average Grant Date Fair Value
Nonvested at December 31, 2013			20,639			$	27.17
Granted			990				30.33
Vested			(215	)			23.18
Forfeited or Cancelled			-				-
Nonvested at March 31, 2014			21,414			$	27.36

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- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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