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Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 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 September 30, 2020.
SharesWeighted Average Exercise Price
Outstanding at January 1, 2020248,495 $26.78 
Granted52,324 34.25 
Exercised(26,822)22.23 
Forfeited(2,834)28.79 
Outstanding at September 30, 2020271,163 28.65 
Vested at Period-End147,759 25.84 
Expected to Vest123,404 32.01 
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted$4.84 
Fair Value Assumptions:
Dividend Yield2.90 %
Expected Volatility20.25 %
Risk Free Interest Rate1.53 %
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 September 30, 2020.
SharesWeighted Average Exercise Price
Outstanding at January 1, 2020248,495 $26.78 
Granted52,324 34.25 
Exercised(26,822)22.23 
Forfeited(2,834)28.79 
Outstanding at September 30, 2020271,163 28.65 
Vested at Period-End147,759 25.84 
Expected to Vest123,404 32.01 
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted$4.84 
Fair Value Assumptions:
Dividend Yield2.90 %
Expected Volatility20.25 %
Risk Free Interest Rate1.53 %
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 nine month periods ended September 30, 2020 and 2019:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2020201920202019
Amount expensed$76 $79 $227 $237 
The following table presents information on the amounts expensed related to restricted stock units for the periods ended September 30, 2020 and 2019:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2020201920202019
Amount expensed$30 $19 $88 $55 
Schedule of Nonvested Restricted Stock Units Activity
The following table summarizes information about restricted stock unit activity for the periods ended September 30, 2020 and 2019.
Restricted Stock UnitsWeighted Average Grant Date Fair Value
Non-vested at January 1, 20207,721 $30.27 
Granted3,942 34.25 
Non-vested at September 30, 202011,663 31.62 
Non-vested at January 1, 20193,582 30.70 
Granted4,139 29.89 
Non-vested at September 30, 20197,721 30.27