Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.3.0.814
Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2015
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 incentive option activity under the Bancorp’s stock option and incentive plans described above for the nine months ended September 30, 2015 follows:
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
Weighted-
 
Average
 
 
 
 
 
 
 
Average
 
Remaining
 
Aggregate
 
 
 
 
 
Exercise
 
Contractual
 
Intrinsic
 
Incentive options
 
Shares
 
Price
 
Term
 
Value
 
Outstanding at January 1, 2015
 
750
 
$
28.50
 
 
 
 
 
Granted
 
-
 
 
-
 
 
 
 
 
Exercised
 
-
 
 
-
 
 
 
 
 
Forfeited
 
-
 
 
-
 
 
 
 
 
Expired
 
-
 
 
-
 
 
 
 
 
Outstanding at September 30, 2015
 
750
 
$
28.50
 
2.4
 
-
 
Exercisable at September 30, 2015
 
750
 
$
28.50
 
2.4
 
-
 
Nonvested Restricted Stock Shares Activity [Table Text Block]
A summary of restricted stock activity under the Bancorp’s incentive stock option and incentive plans described above for the nine months ended September 30, 2015 follows:
 
 
 
 
 
Weighted-
 
 
 
 
 
Average
 
 
 
 
 
Grant Date
 
Restricted stock
 
Shares
 
Fair Value
 
Nonvested at January 1, 2015
 
12,775
 
$
23.63
 
Granted
 
7,250
 
 
27.50
 
Vested
 
(300)
 
 
16.75
 
Forfeited
 
-
 
 
-
 
Nonvested at September 30, 2015
 
19,725
 
$
25.15