Stock-Based Compensation (Tables)

9 Months Ended

Sep. 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 September 30, 2021.

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2021	272,024			$	28.00
Granted	57,165			28.69
Exercised	(54,189)			28.81
Forfeited	(1,580)			22.25
Outstanding at September 30, 2021	273,420			28.42
Vested at Period-End	140,690			26.77
Expected to Vest	132,730			30.16
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted	$	4.71
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 September 30, 2021.

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2021	272,024			$	28.00
Granted	57,165			28.69
Exercised	(54,189)			28.81
Forfeited	(1,580)			22.25
Outstanding at September 30, 2021	273,420			28.42
Vested at Period-End	140,690			26.77
Expected to Vest	132,730			30.16
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted	$	4.71
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 nine month periods ended September 30, 2021 and 2020:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2021		2020		2021		2020
Amount expensed	$	71	$	76	$	212	$	227

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

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2021		2020		2021		2020
Amount expensed	$	32	$	30	$	98	$	88

Schedule of Nonvested Restricted Stock Units Activity

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

	Restricted Stock Units	Weighted Average Grant Date Fair Value
Non-vested at January 1, 2021	12,012	$	30.70
Granted	4,880	28.54
Vested	(3,689)	29.82
Non-vested at September 30, 2021	13,203	30.15
Non-vested at January 1, 2020	7,952	29.39
Granted	4,060	33.25
Non-vested at September 30, 2020	12,012	30.70