Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v2.4.0.8
Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2014
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 incentive stock option plan for the nine months ended September 30, 2014 follows:
 
 
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
Weighted-
 
Average
 
 
 
 
 
 
 
 
Average
 
Remaining
 
Aggregate
 
 
 
 
 
 
Exercise
 
Contractual
 
Intrinsic
 
Incentive options
 
Shares
 
Price
 
Term
 
Value
 
Outstanding at January 1, 2014
 
 
6,350
 
$
29.82
 
 
 
 
 
 
 
Granted
 
 
-
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
 
 
 
Forfeited
 
 
-
 
 
-
 
 
 
 
 
 
 
Expired
 
 
(5,600)
 
$
30.00
 
 
 
 
 
 
 
Outstanding at September 30, 2014
 
 
750
 
$
28.50
 
 
3.4
 
 
-
 
Exercisable at September 30, 2014
 
 
750
 
$
28.50
 
 
3.4
 
 
-
 
Nonvested Restricted Stock Shares Activity [Table Text Block]
A summary of restricted stock activity under the Bancorp’s incentive stock option plan for the nine months ended September 30, 2014 follows:
  
 
 
 
 
Weighted-
 
Weighted-
 
 
 
 
 
 
 
Average
 
Average
 
Aggregate
 
 
 
 
 
Exercise
 
Grant Date
 
Intrinsic
 
Restricted stock
 
Shares
 
Price
 
Fair Value
 
Value
 
Nonvested at January 1, 2014
 
$
11,100
 
$
21.54
 
$
21.54
 
$
46,750
 
Granted
 
 
4,175
 
 
26.32
 
 
23.33
 
 
375
 
Vested
 
 
(2,500)
 
 
18.86
 
 
18.86
 
 
(17,225)
 
Forfeited
 
 
-
 
 
-
 
 
-
 
 
-
 
Nonvested at September 30, 2014
 
$
12,775
 
$
23.63
 
$
22.65
 
$
29,900