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Stock Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2024
Stock Compensation Plans [Abstract]  
Stock Option Activity
Stock option activity under the Plan during the year ended December 31, 2024, was as follows:

 
Stock Options
 
   
Number
of shares
   
Weighted
average
exercise
price
 
Balance at December 31, 2023
   
674,918
   
$
8.00
 
Granted
   
     
 
Exercised
   
(52,905
)
   
6.59
 
Cancelled/Forfeited
   
(15,825
)
   
9.26
 
Expired
    (92,981 )     8.66  
Balance at December 31, 2024
   
513,207
   
$
7.99
 
Information on Stock Options
The following table presents information on stock options for the year ended December 31, 2024:

 
Number of
Shares
   
Weighted
Average
Exercise Price
   
Aggregate
Intrinsic
Value
   
Weighted
Average
Remaining
Contractual
Term
 
Options exercised
   
52,905
   
$
6.59
   
$
90
     

 
                                 
Stock options outstanding and expected to vest:
   
513,207
   
$
7.99
   
$
784
     
3.77
 
                                 
Stock options vested and currently exercisable:
   
488,339
   
$
7.94
   
$
768
     
3.60
 
Information about Non-vested Restricted Stock Awards Outstanding
The following table presents information about non-vested restricted stock awards outstanding for the year ended December 31, 2024:

 
Restricted Stock Awards
 
   
Number of
shares
   
Weighted
average
grant date
fair value
 
Balance at December 31, 2023
   
287,981
   
$
8.30
 
Granted
   
90,378
     
7.96
 
Vested
   
(84,068
)
   
8.50
 
Cancelled/Forfeited
   
(21,530
)
   
8.33
 
                 
Balance at December 31, 2024
   
272,761
   
$
8.12