Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v2.4.0.6
Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

A summary of option activity under the Bancorp’s incentive stock option plan for the nine months ended September 30, 2012 follows:

 

                Weighted-        
          Weighted-     Average        
          Average     Remaining     Aggregate  
          Exercise     Contractual     Intrinsic  
Options   Shares     Price     Term     Value  
Outstanding at January 1, 2012     40,500     $ 25.30                  
Granted     -       -                  
Exercised     -       -                  
Forfeited     -       -                  
Expired     (14,550 )   $ 22.15                  
Outstanding at September 30, 2012     25,950     $ 27.06       0.9       -  
Exercisable at September 30, 2012     24,950     $ 27.01       0.7       -