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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award A summary of the Company’s stock option plan awards and activity for the three and six months ended June 30, 2023, follows: 
For the Three Months Ended June 30, 2023
SharesWeighted-Average Exercise PriceWeighted-Average Remaining Contractual Term in YearsAggregate Intrinsic ValueWeighted-Average Grant Date Fair Value
Outstanding at April 1, 2023217,519 $11.20 $353,111 $4.10 
Exercised— — 
Outstanding at June 30, 2023217,519 11.20 0.94104,584 4.10 
Vested217,519 11.20 0.94104,584 4.10 
Exercisable at June 30, 2023217,519 11.20 0.94104,584 4.10 
For the Six Months Ended June 30, 2023
SharesWeighted-Average Exercise PriceWeighted-Average Remaining Contractual Term in YearsAggregate Intrinsic ValueWeighted-Average Grant Date Fair Value
Outstanding at January 1, 2023217,519 $11.20 $823,028 $4.10 
Exercised— — — $— 
Outstanding at June 30, 2023217,519 11.20 0.94104,584 4.10 
Vested217,519 11.20 0.94104,584 4.10 
Exercisable at June 30, 2023217,519 11.20 0.94104,584 4.10 
Nonvested Restricted Stock Shares Activity A summary of changes in nonvested restricted stock awards for the three and six months ended June 30, 2023, follows: 
For the Three Months Ended June 30, 2023
SharesWeighted-Average
Grant Date
Fair Value
Nonvested at April 1, 202327,618 $14.92 
Nonvested at June 30, 202327,618 14.92 
Expected to vest assuming a 3% forfeiture rate over the vesting term26,789 14.92 
For the Six Months Ended June 30, 2023
SharesWeighted-Average
Grant Date
Fair Value
Nonvested at January 1, 202331,272 $16.93 
Granted27,618 14.92 
Vested(31,272)16.93 
Nonvested at June 30, 202327,618 14.92 
Expected to vest assuming a 3% forfeiture rate over the vesting term26,789 14.92