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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Compensation  
Schedule of restricted stock and performance-based restricted stock activity

Years Ended December 31,

2022

2021

2020

    

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

 

65,171

$

84.30

66,550

$

85.16

78,202

$

79.09

Granted

 

38,864

85.22

39,840

79.27

34,799

90.10

Vested and unrestricted

 

(38,328)

86.02

(40,763)

80.82

(43,757)

78.10

Forfeited

(2,294)

83.10

(456)

81.17

(2,694)

87.70

Outstanding at end of period

 

63,413

$

83.87

65,171

$

84.30

66,550

$

85.16

Years Ended December 31,

2022

2021

2020

    

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

 

72,418

$

86.53

 

71,964

$

84.94

84,105

$

79.34

Granted (1)

 

31,828

86.35

 

49,460

77.56

36,649

84.68

Vested and unrestricted

 

(26,504)

92.52

 

(48,666)

75.05

(42,123)

73.55

Forfeited

(2,673)

83.01

(340)

87.43

(6,667)

84.86

Outstanding at end of period

 

75,069

$

84.46

 

72,418

$

86.53

71,964

$

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.