Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Share-Based Compensation

Schedule of restricted stock and performance-based restricted stock activity

	Years Ended December 31,
	2019			2018			2017
	Shares	Weighted		Shares	Weighted		Shares	Weighted
	Under	Average		Under	Average		Under	Average
	Restriction	Fair Value		Restriction	Fair Value		Restriction	Fair Value
Outstanding at beginning of year	89,135	$	68.70	93,086	$	63.13	95,493	$	55.86
Granted	33,778		92.52	39,451		75.05	40,226		73.42
Vested and unrestricted	(44,085)		68.41	(43,276)		62.46	(42,453)		56.56
Forfeited	(626)		75.50	(126)		70.63	(180)		63.87
Outstanding at end of period	78,202	$	79.09	89,135	$	68.70	93,086	$	63.13
	Years Ended December 31,
	2019			2018			2017
	Performance-based	Weighted		Performance-based	Weighted		Performance-based	Weighted
	Shares Under	Average		Shares Under	Average		Shares Under	Average
	Restriction	Fair Value		Restriction	Fair Value		Restriction	Fair Value
Outstanding at beginning of year	105,170	$	66.79	105,660	$	62.75	94,610	$	57.60
Granted (1)	63,447		69.61	31,832		75.14	29,829		74.96
Vested and unrestricted	(84,512)		56.42	(27,801)		61.50	(18,259)		53.99
Forfeited	—		—	(4,521)		62.41	(520)		53.99
Outstanding at end of period	84,105	$	79.34	105,170	$	66.79	105,660	$	62.75

(1) Includes a true-up of previously awarded performance-based restricted share awards. The updated shares were calculated based on the attainment of pre-established performance objectives.