Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following table summarizes information about stock option activity for the year to date period ended June 30, 2020.

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2020	241,242			$	27.58
Granted	50,800			35.28
Exercised	(17,155)			23.74
Forfeited	(2,752)			29.65
Outstanding at June 30, 2020	272,135			29.24
Vested at Period-End	152,322			26.31
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

Schedule of Stock Options Roll Forward

The following table summarizes information about stock option activity for the year to date period ended June 30, 2020.

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2020	241,242			$	27.58
Granted	50,800			35.28
Exercised	(17,155)			23.74
Forfeited	(2,752)			29.65
Outstanding at June 30, 2020	272,135			29.24
Vested at Period-End	152,322			26.31
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

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

The following table presents information on the amounts expensed related to stock options for the three and six month periods ended June 30, 2020 and 2019:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2020		2019		2020		2019
Amount expensed	$	75	$	79	$	151	$	158

The following table presents information on the amounts expensed related to restricted stock units for the periods ended June 30, 2020 and 2019:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2020		2019		2020		2019
Amount expensed	$	31	$	20	$	58	$	36

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes information about restricted stock unit activity for the periods ended June 30, 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 June 30, 2020	11,323	32.57
Non-vested at January 1, 2019	3,478	31.62
Granted	4,018	30.79
Non-vested at June 30, 2019	7,496	31.18