Stock Options (Tables)

3 Months Ended

Mar. 31, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

Stock Options Granted
Date	Shares	Forfeited		Outstanding	Strike Price		Vesting Period	Expiration
March 15, 2019	80,600	—		80,600	$	42.01	3 years	10 years
March 15, 2019	79,400	—		79,400	42.01		5 years	10 years
August 24, 2018	50,200	—		50,200	46.00		3 years	10 years
August 24, 2018	99,500	—		99,500	46.00		5 years	10 years
January 5, 2018	12,500	—		12,500	45.11		3 years	10 years
January 5, 2018	12,500	—		12,500	45.11		5 years	10 years
March 24, 2017	46,250	(4,500	)	41,750	44.21		3 years	10 years
March 24, 2017	23,750	—		23,750	44.21		5 years	10 years
August 27, 2015	38,750	(15,250	)	23,500	42.03		5 years	10 years

A summary of stock option activity is presented below:

	March 31, 2019			March 31, 2018
	Shares	Weighted Average Exercise Price		Shares	Weighted Average Exercise Price
Outstanding, beginning of year	263,700	$	45.12	93,500	$	43.59
Granted	160,000	42.01		25,000	45.11
Exercised	—	—		—	—
Forfeited	—	—		—	—
Expired	—	—		—	—
Outstanding, end of period	423,700	$	43.94	118,500	$	43.91
Exercisable, end of period	—	$	—	—	$	—