Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2022

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 March 31, 2022.

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2022	270,758			$	28.45
Granted	57,000			35.83
Exercised	(12,145)			19.81
Forfeited	(246)			19.67
Outstanding at March 31, 2022	315,367			30.12
Vested at Period-End	177,611			28.24
Expected to Vest	137,756			32.55
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted	$	7.65
Fair Value Assumptions:
Dividend Yield	2.90		%
Expected Volatility	27.15		%
Risk Free Interest Rate	1.69		%
Expected Lives (in years)	8.56

Schedule of Stock Options Roll Forward

The following table summarizes information about stock option activity for the year to date period ended March 31, 2022.

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2022	270,758			$	28.45
Granted	57,000			35.83
Exercised	(12,145)			19.81
Forfeited	(246)			19.67
Outstanding at March 31, 2022	315,367			30.12
Vested at Period-End	177,611			28.24
Expected to Vest	137,756			32.55
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted	$	7.65
Fair Value Assumptions:
Dividend Yield	2.90		%
Expected Volatility	27.15		%
Risk Free Interest Rate	1.69		%
Expected Lives (in years)	8.56

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 month periods ended March 31, 2022 and 2021:

	For the Three Months Ended March 31,
	2022		2021
Amount expensed	$	75	$	72

The following table presents information on the amounts expensed related to restricted stock units for the periods ended March 31, 2022 and 2021:

	For the Three Months Ended March 31,
	2022		2021
Amount expensed	$	35	$	32

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes information about restricted stock unit activity for the periods ended March 31, 2022 and 2021.

	Restricted Stock Units	Weighted Average Grant Date Fair Value
Non-vested at January 1, 2022	13,203	$	30.15
Granted	4,186	35.83
Vested	(4,263)	29.02
Non-vested at March 31, 2022	13,126	32.32
Non-vested at January 1, 2021	12,012	30.70
Granted	4,880	28.54
Vested	(3,689)	29.82
Non-vested at March 31, 2021	13,203	30.15