Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Share-based Payment Arrangement [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table summarizes information about stock option activity for the year to date period ended March 31, 2020.

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2020	241,242			$	27.58
Granted	50,800			35.28
Exercised	(14,282		)	24.05
Forfeited	(2,752		)	29.65
Outstanding at March 31, 2020	275,008			29.17
Vested at Period-End	155,195			26.23
Expected to Vest	119,813			32.97
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted	$	4.99
Fair Value Assumptions:
Dividend Yield	2.90		%
Expected Volatility	20.25		%
Risk Free Interest Rate	1.53		%
Expected Lives (in years)	6.68

The following table summarizes information about restricted stock unit activity for the periods ended March 31, 2020 and 2019.

	Restricted Stock Units	Weighted Average Grant Date Fair Value
Non-vested at January 1, 2020	7,496	$	31.18
Granted	3,827	35.28
Non-vested at March 31, 2020	11,323	32.57
Non-vested at January 1, 2019	3,478	31.62
Granted	4,018	30.79
Non-vested at March 31, 2019	7,496	31.18

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The following table presents information on the amounts expensed related to restricted stock units for the periods ended March 31, 2020 and 2019:

	For the Three Months Ended March 31,
	2020		2019
Amount expensed	$	27	$	16

The following table presents information on the amounts expensed related to stock options for the periods ended March 31, 2020 and 2019:

	For the Three Months Ended March 31,
	2020		2019
Amount expensed	$	76	$	79