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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Assumptions Used To Determine Fair Value of Stock Options The following assumptions were used to determine the fair value of stock options as of the grant date to determine compensation expense for the years ended December 31, 2023, 2022, and 2021:
Stock Options:202320222021
Grant date fair valueNANA$10.27 
Expected life of optionsNANA8 years
Risk-free interest rateNANA1.33 %
Dividend yield rateNANA3.86 %
Price volatilityNANA36.46 %
Stock Options Activity The following table summarizes stock option activity during 2023: 
  Number of SharesWeighted Average Exercise PriceWeighted Average Remaining Contractual Life, in Years
 
 
Outstanding at January 1, 2023120,195 $34.21  
Granted— —  
Forfeited— —  
Exercised(15,585)28.54  
Outstanding at December 31, 2023104,610 $35.06 5.05
Restricted Stock Unit Activity The following table summarizes restricted stock unit activity during 2023:
  Number of SharesWeighted Average Grant Date Fair ValueWeighted Average Remaining Contractual Life, in Years
 
 
Outstanding at January 1, 202338,502 $34.12  
Granted25,280 45.43  
Dividend equivalents awarded2,826 — 
Vested(21,677)28.26  
Forfeited(1,903)37.53  
Outstanding at December 31, 202343,028 $41.32 1.98
Performance Stock Units Activity The following table summarizes performance stock unit activity during 2023:
  Number of SharesWeighted Average Grant Date Fair ValueWeighted Average Remaining Contractual Life, in Years
 
 
Outstanding at January 1, 2023— $—  
Granted9,453 45.43  
Dividend equivalents awarded393 — 
Vested— —  
Forfeited— —  
Outstanding at December 31, 20239,846 $43.62 2.23