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Stock Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of stock option activity for the period

There were no options granted in 2022, 2021 and 2020. Options exercised in 2022, 2021 and 2020 were as follows:

 

Year

 

Options Exercised

 

 

Exercised
Price

2022

 

 

83,102

 

 

$12.96 to $21.30

2021

 

 

192,504

 

 

$11.62 to $21.30

2020

 

 

97,779

 

 

$10.10 to $18.69

Options outstanding and exercisable at December 31, 2022, 2021 and 2020 were as follows:

 

Year

 

Outstanding

 

 

Range of Exercise
Prices

 

Exercisable

 

 

Weighted Average
Exercise Price

 

2022

 

 

224,882

 

 

$11.62 to $21.30

 

 

224,882

 

 

$

18.82

 

2021

 

 

308,572

 

 

$11.62 to $21.30

 

 

297,295

 

 

$

18.64

 

2020

 

 

531,170

 

 

$11.62 to $21.30

 

 

460,341

 

 

$

17.94

 

The following table provides a summary of stock option activity for the period ended December 31, 2022:

 

 

 

Shares

 

 

Average
Exercise
Price

 

 

Weighted
Average
Life (in Years)

 

Outstanding at December 31, 2021

 

 

308,572

 

 

$

18.64

 

 

 

 

Options granted

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(83,102

)

 

 

18.14

 

 

 

 

Canceled or forfeited

 

 

(588

)

 

 

18.58

 

 

 

 

Expired

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2022

 

 

224,882

 

 

 

18.82

 

 

 

2.60

 

Exercisable at December 31, 2022

 

 

224,882

 

 

$

18.82

 

 

 

2.60

 

Summary of combined restricted stock units, including performance-based restricted stock units and restricted stock activity for the period

The following table provides a summary of restricted stock units, including performance-based restricted stock units, and restricted stock activity for the year ended December 31, 2022:

 

 

 

Shares

 

 

Average
Grant-Date
Fair Value

 

Unvested shares at December 31, 2021

 

 

500,852

 

 

 

 

Granted

 

 

437,900

 

 

$

19.70

 

Vested

 

 

(111,644

)

 

$

18.09

 

Canceled or forfeited

 

 

(121,374

)

 

$

18.39

 

Unvested shares at December 31, 2022

 

 

705,734