Stock Options (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Compensation, Stock Options Granted

Stock Options Granted
Date	Shares	Forfeited	Outstanding	Strike Price		Vesting Period	Expiration
March 11, 2020	119,300	—	119,300	$	25.34	3 years	10 years
March 11, 2020	119,200	—	119,200	25.34		5 years	10 years
March 15, 2019	120,900	(1,950)	118,950	28.01		3 years	10 years
March 15, 2019	119,100	(1,800)	117,300	28.01		5 years	10 years
August 24, 2018	75,300	(1,950)	73,350	30.67		3 years	10 years
August 24, 2018	149,250	(4,050)	145,200	30.67		5 years	10 years
January 5, 2018	18,750	—	18,750	30.07		3 years	10 years
January 5, 2018	18,750	—	18,750	30.07		5 years	10 years
March 24, 2017	69,375	(6,750)	62,625	29.47		3 years	10 years
March 24, 2017	35,625	—	35,625	29.47		5 years	10 years
August 27, 2015	58,125	(22,875)	35,250	28.02		5 years	10 years

A summary of stock option activity is presented below:

	September 30, 2020			September 30, 2019
	Shares	Weighted Average Exercise Price		Shares	Weighted Average Exercise Price
Outstanding, beginning of year	625,800	$	29.29	395,550	$	30.08
Granted	238,500	25.34		240,000	28.01
Exercised	—	—		—	—
Forfeited	—	—		—	—
Expired	—	—		—	—
Outstanding, end of period	864,300	$	28.20	635,550	$	29.30
Exercisable, end of period	97,875	$	28.95	—	$	—