Share Based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Restricted Stock and Performance Stock Units Granted

A summary of restricted stock and performance stock units (“PSU”) granted pursuant to our long-term incentive plan follows:

	Three Months Ended March 31,
	2023	2022
Restricted stock	71,346	56,287
PSU	18,790	19,748

Share-Based Payment Arrangement, Option, Activity

A summary of outstanding stock option grants and related transactions follows:

	Number of Shares	Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)	Aggregated Intrinsic Value
					(In thousands)
Outstanding at January 1, 2023	40,307	$	8.32
Granted	—	—
Exercised	15,500	6.42
Forfeited	—	—
Expired	—	—
Outstanding at March 31, 2023	24,807	$	9.50	1.8	$	207,728
Vested and expected to vest at March 31, 2023	24,807	$	9.50	1.8	$	207,728
Exercisable at March 31, 2023	24,807	$	9.50	1.8	$	207,728

Schedule of Nonvested Restricted Stock Units Activity

A summary of outstanding non-vested stock and related transactions follows:

	Number of Shares	Weighted- Average Grant Date Fair Value
Outstanding at January 1, 2023	246,136	$	22.82
Granted	90,136	23.59
Vested	(56,661)	22.80
Forfeited	(2,566)	22.69
Outstanding at March 31, 2023	277,045	$	23.07

Cash Proceeds Received and Tax Benefit from Share-Based Payment Awards

Certain information regarding options exercised during the periods follows:

	Three Months Ended March 31,
	2023		2022
	(In thousands)
Intrinsic value	$	223	$	313
Cash proceeds received	$	100	$	50
Tax benefit realized	$	47	$	66