STOCK COMPENSATION PLAN (Tables)

3 Months Ended

Mar. 31, 2022

STOCK COMPENSATION PLAN

Summary of Non-Vested Restricted Shares Activity

The following table presents a summary of the status of the Company’s non-vested restricted stock awards as of March 31, 2022, and changes during the period then ended is presented below:

		Weighted
		Average
		Grant Date
	Shares	Fair Value
Non-vested at January 1, 2022	22,789	$	18.48
Vested	(6,250)		20.00
Forfeited	—		—
Granted	10,486		15.90
Non-vested at March 31, 2022	27,025	$	17.13

Schedule of Stock Options Activity

A summary of the status of the outstanding stock options as of March 31, 2022, and changes during the period then ended, is presented below:

		Weighted
		Average
		Exercise
	Shares	Price
Outstanding at beginning of year	71,947	$	17.78
Granted	—		—
Exercised	—		—
Expired	(11,600)		18.00
Outstanding at end of year	60,347	$	17.74