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Stock-Based Compensation | 3 Months Ended
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Mar. 31, 2015
Stock-Based Compensation [Abstract] |
Stock-Based Compensation | 3. Stock-Based Compensation No awards were granted during the three month period ending March 31, 2015. As of March 31, 2015, there was $50,000 of total unrecognized compensation cost related to non-vested options granted in 201 4 under the 20 14 Stock Option Plan, which will be fully amortized by December 31, 201 5. A summary of stock options from all plans, adjusted for stock dividends declared, is shown below.
|  |  | Weighted |  |  |  |  |
|  |  | Average Exercise |  | Weighted Average |  | Aggregate
|  |  | Price |  | Remaining |  | Intrinsic Value
| Options |  | Per Share |  | Contractual Term |  | ($000)
Outstanding at January 1, 2015 | 206,463 |  | $ | 26.74 |  | 5.7 | Yrs. |  | $ | 478
Granted | - |  |  | - |  | - |  |  |  | -
Exercised | (5,978) |  |  | 25.87 |  | 5.1 |  |  |  | -
Forfeited | - |  |  | - |  | - |  |  |  | -
Outstanding at March 31, 2015 | 200,485 |  | $ | 26.76 |  | 5.5 |  |  | $ | 235
Exercisable at March 31, 2015 | 187,985 |  | $ | 26.61 |  | 5.2 | Yrs. |  | $ | 235
Intrinsic value represents the amount by which the market price of the stock on the measurement date exceeded the exercise price of the option. The stock price was $27.69 as of March 31, 2015 and $29.05 as of December 31, 201 4. A summary of the Company’s restricted stock activity and related information for the three month period ended March 31, 2015 is as follows:
|  |  |  | Weighted-Average
| Number of |  |  | Grant Date
| Restricted Stock |  |  | Fair Value
Outstanding, January 1, 2015 | 9,300 |  | $ | 29.08
Granted | - |  |  | -
Vested | - |  |  | -
Forfeited | - |  |  | -
Non-vested at March 31, 2015 | 9,300 |  | $ | 29.08
The expected future compensation expense relating to the 9,300 shares of non-vested restricted stock outstanding as of March 31, 2015 is $257,000.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 + Details
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