Share-Based Payment Plans	6 Months Ended
Jun. 30, 2023
Share-Based Payment Plans
Share-Based Payment Plans	Note 13: Share-Based Payment Plans Equity-based incentive awards for Company officers are currently issued pursuant to the 2017 Equity Incentive Plan (the “2017 Incentive Plan”). During the three months ended June 30, 2023 and 2022, the Company did not issue any shares. During the six months ended June 30, 2023 and 2022, the Company issued 84,335 and 64,962 shares, respectively. During 2018, the Compensation Committee of the Board of Directors approved a plan for non-executive directors to receive a portion of their annual retainer fees in the form of shares of common stock equal to $10,000, rounded up to the nearest whole share. In January 2021, the Board of Directors amended the plan for nonexecutive directors to receive a portion of their annual fees, issued quarterly, in the form of restricted common stock equal to $50,000 per member, rounded up to the nearest whole share, to be effective after the Company’s annual meeting of shareholders held in May 2021. Accordingly, there were 3,682 and 3,766 shares, issued to non-executive directors during the three months ended June 30, 2023 and 2022, respectively and there were 6,545 and 5,821 shares, issued to non-executive directors during the six months ended June 30, 2023 and 2022, respectively. The Company established an employee stock ownership plan (“ESOP”) effective as of January 1, 2020 to provide certain benefits for all employees who meet certain requirements. There was no expense recognized for the contribution to the ESOP during the three months ended June 30, 2023 and 2022. Expense recognized for the contribution to the ESOP totaled $810,000 and $653,000 for the six months ended June 30, 2023 and 2022, respectively. The Company contributed 33,293 shares and 20,709 shares to the ESOP for the six months ended June 30, 2023 and 2022, respectively.

Share-Based Payment Plans

6 Months Ended

Jun. 30, 2023

Note 13: Share-Based Payment Plans

Equity-based incentive awards for Company officers are currently issued pursuant to the 2017 Equity Incentive Plan (the “2017 Incentive Plan”). During the three months ended June 30, 2023 and 2022, the Company did not issue any shares. During the six months ended June 30, 2023 and 2022, the Company issued 84,335 and 64,962 shares, respectively.

During 2018, the Compensation Committee of the Board of Directors approved a plan for non-executive directors to receive a portion of their annual retainer fees in the form of shares of common stock equal to $10,000, rounded up to the nearest whole share. In January 2021, the Board of Directors amended the plan for nonexecutive directors to receive a portion of their annual fees, issued quarterly, in the form of restricted common stock equal to $50,000 per member, rounded up to the nearest whole share, to be effective after the Company’s annual meeting of shareholders held in May 2021. Accordingly, there were 3,682 and 3,766 shares, issued to non-executive directors during the three months ended June 30, 2023 and 2022, respectively and there were 6,545 and 5,821 shares, issued to non-executive directors during the six months ended June 30, 2023 and 2022, respectively.

The Company established an employee stock ownership plan (“ESOP”) effective as of January 1, 2020 to provide certain benefits for all employees who meet certain requirements. There was no expense recognized for the contribution to the ESOP during the three months ended June 30, 2023 and 2022. Expense recognized for the contribution to the ESOP totaled $810,000 and $653,000 for the six months ended June 30, 2023 and 2022, respectively. The Company contributed 33,293 shares and 20,709 shares to the ESOP for the six months ended June 30, 2023 and 2022, respectively.