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Stock and Incentive Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Plan Activity

The following table summarizes the Stock Plan activity for the periods presented:

 

 

Three Months Ended September 30, 2022

 

 

 

Performance
Awards and Units

 

 

Time-Vested
Awards and Units

 

Nonvested shares, beginning of period

 

 

151,756

 

 

 

354,709

 

Granted

 

 

 

 

 

6,992

 

Released from restriction

 

 

 

 

 

(169

)

Forfeited

 

 

(1,670

)

 

 

(3,177

)

Nonvested shares, end of period

 

 

150,086

 

 

 

358,355

 

 

 

 

Nine Months Ended September 30, 2022

 

 

 

Performance
Awards and Units

 

 

Time-Vested
Awards and Units

 

Nonvested shares, beginning of period

 

 

140,821

 

 

 

337,466

 

Granted

 

 

60,773

 

 

 

133,307

 

Released from restriction

 

 

(19,723

)

 

 

(106,096

)

Forfeited

 

 

(31,785

)

 

 

(6,322

)

Nonvested shares, end of period

 

 

150,086

 

 

 

358,355

 

Compensation Expense for Awards and Units Under Stock Plan

The following table presents information regarding compensation expense for awards and units under the Stock Plan for the periods presented ($ in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Performance awards and units

 

$

381

 

 

$

311

 

 

$

916

 

 

$

517

 

Time-vested awards and units

 

 

848

 

 

 

805

 

 

 

2,798

 

 

 

3,994

 

Total compensation expense

 

$

1,229

 

 

$

1,116

 

 

$

3,714

 

 

$

4,511