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Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Summary of Employee Stock Option Activity
The summary of our stock option activity for the nine months ended September 30, 2020 is as follows:
SharesWeighted Average
Exercise Price
Weighted Average Remaining Contractual
Term
Options outstanding, beginning of period355,218 $16.63 5.0
Exercised(10,000)9.57 
Options outstanding, end of period 345,218 16.83 4.4
Options exercisable 335,216 $16.59 4.3
Summary of Changes in Nonvested Shares
A summary of changes in the Company's nonvested shares for the nine months ended September 30, 2020 is as follows:
Nonvested SharesSharesWeighted Average
Grant-Date Fair Value
Nonvested at January 1, 202080,370 $24.28 
Granted38,170 24.90 
Vested(19,850)23.10 
Forfeited(1,400)24.46 
Nonvested at September 30, 202097,290 $24.76