Rendering

Component: (Network and Table)
Network
2315301 - Disclosure - Stock-Based Compensation (Tables)
(http://citizenscommunityfederal.net/role/StockBasedCompensationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]Period [Axis]
2015-10-01 - 2016-09-30
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
 
Schedule of restricted stock awards
Restricted Common Stock Awards

 
 
2016
 
2015
 
 
Number of Shares
 
Weighted
Average
Grant Price
 
Number of Shares
 
Weighted
Average
Grant Price
Restricted Shares
 
 
 
 
 
 
 
 
Unvested and outstanding at beginning of year
 
46,857

 
$
7.59

 
41,014

 
$
6.51

Granted
 
11,591

 
10.98

 
17,500

 
9.20

Vested
 
(13,127
)
 
7.17

 
(11,657
)
 
6.18

Forfeited
 
(22,162
)
 
7.54

 

 

Unvested and outstanding at end of year
 
23,159

 
$
9.59

 
46,857

 
$
7.59

 
 
Summary of stock option activity
Common Stock Option Awards

 
 
Option Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
2016
 
 
 
 
 
 
 
 
Outstanding at beginning of year
 
171,737

 
$
7.46

 
 
 
 
Granted
 
55,000

 
10.00

 
 
 
 
Exercised
 
(43,515
)
 
 
 
 
 
 
Forfeited or expired
 
(42,516
)
 
 
 
 
 
 
Outstanding at end of year
 
140,706

 
$
8.67

 
7.22
 


Exercisable at end of year
 
49,520

 
$
7.27

 
4.09
 
$
194

Fully vested and expected to vest
 
140,706

 
$
8.67

 
7.22
 
$
354

2015
 
 
 
 
 
 
 
 
Outstanding at beginning of year
 
179,192

 
$
6.52

 
 
 
 
Granted
 
50,000

 
9.20

 
 
 
 
Exercised
 
(51,955
)
 
 
 
 
 
 
Forfeited or expired
 
(5,500
)
 
 
 
 
 
 
Outstanding at end of year
 
171,737

 
$
7.46

 
7.58
 


Exercisable at end of year
 
63,764

 
$
6.79

 
5.33
 
 
Fully vested and expected to vest
 
171,737

 
$
7.46

 
7.58
 
 
 
 
Information related to stock option plan
Information related to the 2004 Stock Option and Incentive Plan and 2008 Equity Incentive Plan during each year follows:
 
 
2016
 
2015
 
Intrinsic value of options exercised
 
$
131

 
$
180

 
Cash received from options exercised
 
$
289

 
$
299

 
Tax benefit realized from options exercised
 
$

 
$
9

 
 
 
Assumptions used in calculating stock option expense
Set forth below is a table showing relevant assumptions used in calculating stock option expense related to the Company’s 2004 Stock Option and Incentive Plan and 2008 Equity Incentive Plan:
 
 
2016
 
2015
 
Dividend yield
 
1.02
%
 
0.88
%
 
Risk-free interest rate
 
1.7
%
 
2.1
%
 
Weighted average expected life (years)
 
10

 
10

 
Expected volatility
 
5
%
 
2
%