Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Share-Based Compensation

Schedule of restricted stock and performance-based restricted stock activity

	Shares	Weighted		Performance-based		Weighted
	Under	Average		Shares Under		Average
	Restriction	Fair Value		Restriction		Fair Value
Outstanding at beginning of year	78,202	$	79.09	84,105		$	79.34
Granted	34,799		90.10	36,649	(1)		84.68
Vested and unrestricted	(43,480)		78.07	(42,123)			73.55
Forfeited	—		—	(1,868)			84.61
Outstanding at end of period	69,521	$	85.24	76,763		$	84.94

(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 and granted under the 2002 Incentive Plan.