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Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Award Activity under Plan

The following is the activity under the Plan during 2022:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maximum
Awarded
Service Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Maximum
Awarded
Performance
Units

 

 

Weighted
Average
Grant Date
Fair Value

 

Beginning balance - non-vested shares

 

 

99,564

 

 

$

16.13

 

 

 

158,988

 

 

$

14.40

 

Granted

 

 

132,268

 

 

 

16.63

 

 

 

56,724

 

 

 

17.25

 

Vested

 

 

(35,817

)

 

 

15.79

 

 

 

(65,481

)

 

 

17.48

 

Forfeited

 

 

(3,000

)

 

 

13.68

 

 

 

(12,862

)

 

 

14.74

 

Ending balance - non-vested shares

 

 

193,015

 

 

$

16.69

 

 

 

137,369

 

 

$

15.85

 

 

The following is the activity under the Plan during 2021:

 

 

 

Maximum
Awarded
Service Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Maximum
Awarded
Performance
Units

 

 

Weighted
Average
Grant Date
Fair Value

 

Beginning balance - non-vested shares

 

 

67,765

 

 

$

14.32

 

 

 

153,070

 

 

$

14.46

 

Granted

 

 

68,195

 

 

 

16.99

 

 

 

58,245

 

 

 

14.21

 

Vested

 

 

(31,180

)

 

 

14.96

 

 

 

(52,327

)

 

 

14.34

 

Forfeited

 

 

(5,216

)

 

 

14.29

 

 

 

0

 

 

 

0.00

 

Ending balance - non-vested shares

 

 

99,564

 

 

$

16.13

 

 

 

158,988

 

 

$

14.40