Stock Based Compensation (Tables)

3 Months Ended

Mar. 31, 2019

Stock options outstanding at March 31, 2019 were as follows:



	Outstanding Stock Options			Exercisable Stock Options
Exercise Price Range	Number	Weighted Average Exercise Price	Weighted Average Remaining Contractual Life (Years)	Number	Weighted Average Exercise Price	Weighted Average Remaining Contractual Life (Years)
$11.00 - $12.99	13,278	11.98	1.9	13,278	11.98	1.9

he following table summarizes stock option activity for the periods indicated:



	Three Months Ended March 31,
	2019				2018
	Options	Weighted Average Exercise Price		Aggregate Intrinsic Value (in thousands) (1)	Options		Weighted Average Exercise Price		Aggregate Intrinsic Value (in thousands) (1)
Outstanding, January 1,	13,278	$	11.98		20,265		$	11.42
Granted	—	—			—		—
Exercised	—	—			(2,631	)	12.55
Expired	—	—			—		—
Outstanding, March 31,	13,278	11.98		68,593	17,634		11.25		137,000
Exercisable, March 31,	13,278	11.98		68,593	17,634		11.25		137,000
(1) Aggregate Intrinsic Value is defined as the amount by which the current market value of the underlying stock exceeds the exercise price of the option.

Restricted stock awards granted under the 2015 Plan were as follows:



	2019				2018
	Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value
Outstanding, January 1,	16,958		$	18.94	8,817		$	16.44
Granted	12,504		16.95		10,634		19.20
Vested	(2,795	)	20.01		(669	)	22.60
Forfeited	—		—		—		—
Outstanding, March 31,	26,667		$	17.89	18,782		$	17.78

The following table provides information related to stock options exercised during the periods indicated (in thousands):



	Three Months Ended March 31,
	2019		2018
Intrinsic value of options exercised	$	—	17
Cash received from options exercised	—		33
Tax benefit realized from options exercised	—		2