Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Compensation [Abstract]

Schedule of Fair Value of Options Granted Assumptions

	2022
Vesting period (years)		5
Expiration date (years)		10
Expected volatility		33.70%
Expected life (years)		7.5
Expected dividend yield		0.94%
Risk free interest rate		2.01%
Fair value per option	$	6.04

Schedule of Stock Option Grants Activity

	Stock Option Awards		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value
Outstanding at December 31, 2021		1,558,963	$	10.72
Granted		68,150		17.00
Forfeited		—		—
Exercised		(50,877)		9.94
Outstanding at June 30, 2022		1,576,236	$	11.01		6.96	$	7,476,000
Outstanding and expected to vest at June 30, 2022		1,576,236	$	11.01		6.96	$	7,476,000
Vested and Exercisable at June 30, 2022		805,038	$	9.62		5.44	$	4,895,000
Unrecognized compensation cost	$	2,777,000
Weighted average remaining recognition period (years)		3.53

Schedule of Activity in Restricted Stock Awards Under the Equity Plan

	Unvested Restricted Stock Awards		Weighted Average Grant Date Price
Unvested restricted stock awards at December 31, 2021		277,925	$	12.15
Granted		29,920		16.89
Forfeited		—		—
Vested		(11,610)		14.82
Unvested restricted stock awards at June 30, 2022		296,235	$	12.53
Unrecognized compensation cost	$	3,220,000
Weighted average remaining recognition period (years)		3.55