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Stock Based Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2022
Stock Based Compensation Plan  
Summary of stock options activity

December 31, 2022

Weighted Average

Aggregate Intrinsic

    

Shares

    

Exercise Price

    

Value

Outstanding at January 1, 2022

 

534,236

$

10.45

 

  

Granted

 

 

 

  

Exercised

 

(340,649)

 

9.74

 

  

Forfeited or expired

 

(3,653)

 

8.79

 

  

Outstanding at December 31, 2022

 

189,934

 

11.76

$

3,232,163

Exercisable at December 31, 2022

 

189,934

$

11.76

$

3,232,163

Summary of stock options outstanding and exercisable

    

December 31, 2022

Options Outstanding

Options Exercisable

Weighted Average

Weighted Average

Remaining

Remaining

Number

Contractual Life

Number

Contractual Life

Exercise Prices

    

Outstanding

    

in Years

    

Exercisable

    

in Years

$0.00 - $11.00

 

187

 

0.04

 

187

 

0.04

$11.01 - $12.00

 

188,685

 

2.30

 

188,685

 

2.30

$12.01 - $13.00

 

1,062

 

1.98

 

1,062

 

1.98

Total

 

189,934

 

2.30

 

189,934

 

2.30

Summary of restricted stock awards

December 31, 2022

Weighted Average

    

Shares

    

Grant Date Fair Value

Nonvested at January 1, 2022

 

75,826

$

17.25

Granted

 

24,423

 

27.44

Vested

 

(42,561)

 

17.18

Forfeited

 

(2,503)

 

17.66

Nonvested at December 31, 2022

 

55,185

21.80