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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Stock Options Activity
A summary of the transactions under the 2005 Plan for the six months ended June 30, 2022 is as follows:
($ in thousands, except share data)Number of
Options
Outstanding
Weighted
Average
Exercise
Price
Aggregate
Intrinsic
Value
Outstanding, as of January 1, 202252,000 $6.37 $333 
Options granted— — 
Options exercised— — 
Options forfeited— — 
Options expired— — 
Outstanding, as of June 30, 202252,000 $6.37 $214 
Fully vested and expected to vest52,000 $6.37 $214 
Vested52,000 $6.37 $214 
A summary of the stock options outstanding under the 2010 Plan for the six months ended June 30, 2022 is as follows:
($ in thousands, except share data)Number of
Options
Outstanding
Weighted
Average
Exercise
Price
Aggregate
Intrinsic
Value
Outstanding, as of January 1, 2022210,000 $8.00 $1,000 
Options granted— — 
Options exercised— — 
Options forfeited— — 
Options expired— — 
Outstanding, as of June 30, 2022210,000 $8.00 $523 
Fully vested and expected to vest210,000 $8.00 $523 
Vested210,000 $8.00 $523 
Schedule of Information Related to Stock Option Plan
Information related to the 2005 Plan for the periods indicated follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2022202120222021
Intrinsic value of options exercised$— $42 $— $174 
Cash received from option exercises$— $64 $— $64 
Tax benefit realized from option exercised$— $— $— $20 
Information related to stock options exercised under the 2010 Plan for the periods indicated follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2022202120222021
Intrinsic value of options exercised$— $— $— $86 
Cash received from option exercises$— $— $— $25 
Tax benefit realized from option exercised$— $— $— $— 
Schedule of Changes in Non-vested Restricted Stock Awards
A summary of the changes in the Company's non-vested restricted stock awards under the 2010 Plan for the six months ended June 30, 2022 is as follows:
($ in thousands, except share data)Shares IssuedWeighted Average Grant Date Fair ValueAggregate
Intrinsic
Value
Non-vested, as of January 1, 202221,000 $7.95 $268 
Awards granted— — 
Awards vested— — 
Awards forfeited(3,000)6.37 
Non-vested, as of June 30, 202218,000 $8.21 $189 
A summary of the changes in the Company’s non-vested restricted stock awards under the 2021 Plan for the six months ended June 30, 2022 is as follows:
($ in thousands, except share data)
Shares
Issued
Weighted
Average
Grant Date
Fair Value
Aggregate
Intrinsic
Value
Non-vested, as of January 1, 2022176,641 $9.90 $2,254 
Awards granted217,553 12.59 
Awards vested(58,798)9.90 
Awards forfeited(3,030)9.90 
Non-vested, as of June 30, 2022332,366 $11.66 $3,487 
Share Based Compensation Arrangement Information Related To Plan
Information related to vested restricted stock awards under the 2010 Plan for the periods indicated follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2022202120222021
Tax (provision) benefit realized from awards vested$— $(85)$— $(85)
Information related to vested restricted stock awards under the 2021 Plan for the periods indicated follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2022202120222021
Tax benefit realized from awards vested$12 $— $12 $—