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Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Payment Arrangement, Cost by Plan [Table Text Block]

The following table summarizes share-based compensation expense:
(in thousands)
2019
 
2018
 
2017
Performance stock units
$
1,699

 
$
2,067

 
$
2,451

Restricted stock units
1,969

 
1,211

 
898

Employee stock issuance - restricted stock

 

 
78

Employee stock purchase plan
364

 
174

 

Total share-based compensation expense
$
4,032

 
$
3,452

 
$
3,427


Outstanding Long Term Incentive Awards [Table Text Block]
Information related to the outstanding grants at December 31, 2019 is shown below:
($ in thousands)

2018 - 2020 Cycle
 
2019 - 2021 Cycle
Shares issuable at target
15,726

 
20,860

Maximum shares issuable
31,452

 
41,720

Unrecognized compensation cost
$
440

 
$
705

Weighted average grant date fair value
50.19

 
47.46


Schedule of Various Information
At December 31, 2019 and 2018, the Company has reserved the following shares of its authorized but unissued common stock for possible future issuance in connection with the following:

 
December 31, 2019

 
December 31, 2018

Outstanding performance units (maximum issuance)
73,172

 
98,279

Outstanding RSU’s
117,369

 
67,027

Outstanding options and appreciation rights
28,300

 
40,650

Future awards under 2018 Stock Incentive Plan
521,573

 
632,246

Future awards under Non-Management Director Plan
96,031

 
7,413

2018 Employee Stock Purchase Plan
694,085

 
735,201

Total
1,530,530

 
1,580,816


Summary of Employee Stock Option and SSARs Activity
Following is a summary of the employee stock option and SSAR activity for 2019.
($ in thousands, except per share data)
Shares
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual Term
 
Aggregate
Intrinsic Value
Outstanding at December 31, 2018
40,650

 
$
10.14

 
 
 
 
Exercised
(12,350
)
 
10.14

 
 
 
 
Outstanding at December 31, 2019
28,300

 
$
10.14

 
0.6 years
 
$
1,077

Exercisable at December 31, 2019
28,300

 
$
10.14

 
0.6 years
 
$
1,077



Summary of Restricted Stock Units Activity
A summary of the status of the Company’s RSU awards as of December 31, 2019 and changes during the year then ended is presented below
 
Shares
 
Weighted Average
Grant Date
Fair Value
Outstanding at December 31, 2018
67,027

 
$
46.69

Granted
77,227

 
45.00

Vested
(23,842
)
 
45.38

Forfeited
(3,043
)
 
46.04

Outstanding at December 31, 2019
117,369

 
$
45.86


Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents the changes in accumulated other comprehensive income (loss) after-tax:
(in thousands)
Net Unrealized Gain (Loss) on Available-for-Sale Debt Securities
 
Unamortized Gain (Loss) on Held-to-Maturity Securities
 
Net Unrealized Loss on Cash Flow Hedges
 
Total
Balance, December 31, 2016
$
(1,533
)
 
$
(208
)
 
$

 
$
(1,741
)
Net change
(2,089
)
 
12

 

 
(2,077
)
Balance, December 31, 2017
(3,622
)
 
(196
)
 

 
(3,818
)
Net change
(4,633
)
 
3

 

 
(4,630
)
Adjustment for change in accounting policies
(792
)
 
(42
)
 

 
(834
)
Balance, December 31, 2018
(9,047
)
 
(235
)
 

 
(9,282
)
Net change
29,226

 
(33
)
 
(2,162
)
 
27,031

Transfer from available-for-sale to held-to-maturity
(5,202
)
 
5,202

 

 

Balance, December 31, 2019
$
14,977

 
$
4,934

 
$
(2,162
)
 
$
17,749


Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
 
Amounts Reclassified from Other Comprehensive Income (Loss)
 
 
(in thousands)
2019
 
2018
 
2017
 
Affected Line Item in the Statements of Operations
Realized gain (loss) on securities available-for-sale, net
$
(49
)
 
$
9

 
$
22

 
Noninterest income (expense)
Loss on cash flow hedges
(133
)
 

 

 
Interest income (expense)
Reclassifications before tax
(182
)
 
9

 
22

 
Total before income tax expense
Tax effect
45

 
(2
)
 
(9
)
 
Income tax (expense) benefit
Total reclassifications, net of tax
$
(137
)
 
$
7

 
$
13

 
Net income


Stock Options and SSARs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Various Information Various information related to the stock options and SSARs is shown below.

($ in thousands)
2019
 
2018
 
2017
Intrinsic value of option exercises on date of exercise
$
407

 
$
2,469

 
$
3,156


Restricted Stock Units (RSUs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Various Information Various information related to the RSUs is shown below.

($ in thousands)
2019
 
2018
 
2017
Total fair value at vesting date
$
1,067

 
$
1,544

 
$
1,471

Total unrecognized compensation cost for nonvested stock units
3,417

 
2,175

 
837

Expected years to recognize unearned compensation
1.9 years

 
2.0 years

 
1.8 years


Stock Plan for Non-Management Directors  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Various Information
Various information related to the Director Plan is shown below.
 
2019
 
2018
 
2017
Shares granted
11,382

 
11,750

 
10,531

Weighted average fair value
$
41.63

 
$
50.74

 
$
42.46