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Note 2 - Stock-Based Compensation

3 Months Ended

Mar. 31, 2013

Compensation and Employee Benefit Plans [Text Block]

NOTE 2 - STOCK-BASED COMPENSATION

The Company has no unvested stock options outstanding or unrecognized stock-based compensation costs outstanding as of March 31, 2013.  The company had 9,000 unvested stock options outstanding but no unrecognized stock-based compensation costs outstanding as of March 31, 2012.  Those options vested on May 9, 2012.

Stock option activity during the three months ended March 31 as follows:

		2013				Weighted- average Exercise Price				2012				Weighted- average Exercise Price
Outstanding, January 1			79,693			$	27.25				88,774			$	26.81
Exercised			18,561				24.08				-				-
Outstanding, March 31			61,132			$	28.21				88,774			$	26.81
Exercisable, March 31			61,132			$	28.21				88,774			$	26.81

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- Definition

The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans.

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No definition available.

+ Details

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