Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2021

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, 2021.

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2021	264,090			$	28.84
Granted	55,500			29.55
Exercised	(22,264)			23.60
Forfeited	(1,534)			22.91
Outstanding at June 30, 2021	295,792			29.40
Vested at Period-End	166,922			28.11
Expected to Vest	128,870			31.06
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted	$	4.85
Fair Value Assumptions:
Dividend Yield	3.41		%
Expected Volatility	26.53		%
Risk Free Interest Rate	0.49		%
Expected Lives (in years)	8.75

Schedule of Stock Options Roll Forward

The following table summarizes information about stock option activity for the year to date period ended June 30, 2021.

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2021	264,090			$	28.84
Granted	55,500			29.55
Exercised	(22,264)			23.60
Forfeited	(1,534)			22.91
Outstanding at June 30, 2021	295,792			29.40
Vested at Period-End	166,922			28.11
Expected to Vest	128,870			31.06
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted	$	4.85
Fair Value Assumptions:
Dividend Yield	3.41		%
Expected Volatility	26.53		%
Risk Free Interest Rate	0.49		%
Expected Lives (in years)	8.75

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, 2021 and 2020:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2021		2020		2021		2020
Amount expensed	$	69	$	75	$	141	$	151

The following table presents information on the amounts expensed related to restricted stock units for the periods ended June 30, 2021 and 2020:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2021		2020		2021		2020
Amount expensed	$	34	$	31	$	66	$	58

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes information about restricted stock unit activity for the periods ended June 30, 2021 and 2020.

	Restricted Stock Units	Weighted Average Grant Date Fair Value
Non-vested at January 1, 2021	11,663	$	31.62
Granted	4,738	29.40
Vested	(3,582)	30.71
Non-vested at June 30, 2021	12,819	31.05
Non-vested at January 1, 2020	7,721	30.27
Granted	3,942	34.25
Non-vested at June 30, 2020	11,663	31.62