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Shareholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Consolidated and Bank Actual Capital and Minimum Required Levels
At December 31, 2019, consolidated and bank actual capital and minimum required levels are presented below:
 
 
Actual:
 
Minimum Required For Capital Adequacy Purposes:
 
Minimum Required To Be Well-Capitalized Under Prompt Corrective Action Regulations:
 
 
Amount
 
Ratio
 
Amount
 
Ratio (1)
 
Amount
 
Ratio
Total Capital (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 

 
 

Consolidated
 
$
499,020

 
14.28
%
 
$
279,499

 
8.00
%
 
N/A

 
N/A

Bank
 
447,090

 
12.82

 
278,997

 
8.00

 
$
348,746

 
10.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 (Core) Capital (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 
 
 

Consolidated
 
$
442,742

 
12.67
%
 
$
209,624

 
6.00
%
 
N/A

 
N/A

Bank
 
430,812

 
12.35

 
209,248

 
6.00

 
$
278,997

 
8.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Common Equity Tier 1 (CET 1) Capital Ratio (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 
 
 

Consolidated
 
$
427,295

 
12.23
%
 
$
157,218

 
4.50
%
 
N/A

 
N/A

Bank
 
430,812

 
12.35

 
156,936

 
4.50

 
$
226,685

 
6.50
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 (Core) Capital (to Average Assets)
 
 

 
 

 
 

 
 

 
 

 
 

Consolidated
 
$
442,742

 
10.53
%
 
$
168,195

 
4.00
%
 
N/A

 
N/A

Bank
 
430,812

 
10.27

 
167,765

 
4.00

 
$
209,706

 
5.00
%
(1) Excludes capital conservation buffer.
 
At December 31, 2018, consolidated and bank actual capital and minimum required levels are presented below:
 
 
Actual:
 
Minimum Required For Capital Adequacy Purposes:
 
Minimum Required To Be Well-Capitalized Under Prompt Corrective Action Regulations:
 
 
Amount
 
Ratio
 
Amount
 
Ratio (1)
 
Amount
 
Ratio
Total Capital (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 

 
 

Consolidated
 
$
381,385

 
12.36
%
 
$
246,805

 
8.00
%
 
N/A

 
N/A

Bank
 
381,294

 
12.37

 
246,594

 
8.00

 
$
308,242

 
10.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 (Core) Capital (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 
 
 

Consolidated
 
$
365,562

 
11.85
%
 
$
185,104

 
6.00
%
 
N/A

 
N/A

Bank
 
365,471

 
11.86

 
184,945

 
6.00

 
$
246,594

 
8.00
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Common Equity Tier 1 (CET 1) Capital Ratio (to Risk Weighted Assets)
 
 

 
 

 
 

 
 

 
 
 
 

Consolidated
 
$
354,251

 
11.48
%
 
$
138,828

 
4.50
%
 
N/A

 
N/A

Bank
 
365,471

 
11.86

 
138,709

 
4.50

 
$
200,357

 
6.50
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 (Core) Capital (to Average Assets)
 
 

 
 

 
 

 
 

 
 

 
 

Consolidated
 
$
365,562

 
9.75
%
 
$
149,917

 
4.00
%
 
N/A

 
N/A

Bank
 
365,471

 
9.78

 
149,484

 
4.00

 
$
186,854

 
5.00
%

    
(1) Excludes capital conservation buffer.
Schedule of Restricted Stock and Cash Entitlements Expense
The following table presents expense recorded for restricted stock and cash entitlements as well as the related tax effect for the years ended 2019, 2018, and 2017:
 
 
2019
 
2018
 
2017
 
 
 
 
 
 
 
Restricted Stock Expense
 
$
1,287

 
$
1,355

 
$
1,246

Cash Entitlement Expense
 
639

 
718

 
657

Tax Effect
 
(499
)
 
(542
)
 
(746
)
Net of Tax
 
$
1,427

 
$
1,531

 
$
1,157
Schedule of Restricted Stock Grants Outstanding
The following table presents information on restricted stock grants outstanding for the period shown:
 
 
Year Ended
December 31, 2019
 
 
Restricted
Shares
 
Weighted
Average Market
Price at Grant
 
 
 
 
 
Outstanding at Beginning of Period
 
44,682

 
$
32.47

Granted
 
41,361

 
31.64

Issued and Vested
 
(41,359
)
 
32.31

Forfeited
 
(1,405
)
 
31.97

Outstanding at End of Period
 
43,279

 
$
32.71