Employee Benefits (Tables)

12 Months Ended

Dec. 31, 2019

Employee Benefits

Schedule of fair value of weighted-average assumptions of options granted

	2019			2018			2017
Risk-Free Interest Rate		1.85	%		2.65	%		N/A
Expected Term		84 months			84 months			N/A
Expected Stock Price Volatility		22.1	%		20.6	%		N/A
Dividend Yield		0.00	%		0.00	%		N/A
Weighted Average Fair Value	$	7.18			6.43			N/A

Schedule of activity related to options

				Weighted
		Weighted		Average
		Average		Remaining
		Exercise		Contractual
	Options	Price		Life (Years)
December 31, 2019
Outstanding at beginning of year	919,175	$	13.39
Granted	11,250		25.50
Exercised	(14,000)		12.50
Forfeited	—		—
Outstanding at period end	916,425	$	13.56	5.92
Vested or expected to vest	916,425	$	13.56	5.92
Exercisable at period end	709,660	$	12.95	5.59

Schedule of activity related to restricted stock

		Weighted Average
		Grant Date
	Shares	Fair Value
December 31, 2019
Outstanding at beginning of year	148,500	$	22.56
Granted	110,500		25.50
Vested	—		—
Outstanding at period end	259,000	$	23.81