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STOCK COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2015

STOCK COMPENSATION [Abstract]

Summary of restricted stock activity

A summary of restricted stock activity for the three month period ended June 30, 2015 is presented below:

		Shares				Weighted–Average Grant Date Fair Value
Nonvested at April 1, 2015			26,015			$	27.94
Granted			-			$	-
Vested			-			$	-
Forfeited or cancelled			-			$	-
Nonvested at June 30, 2015			26,015			$	27.94

A summary of restricted stock activity for the six month period ended June 30, 2015 is presented below:

		Shares				Weighted–Average Grant Date Fair Value
Nonvested at January 1, 2015			26,428			$	27.92
Granted			-			$	-
Vested			(413	)		$	26.61
Forfeited or cancelled			-			$	-
Nonvested at June 30, 2015			26,015			$	27.94

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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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