Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2022:

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2022	278,899			$	27.62
Granted	58,710			34.79
Exercised	(17,803)			20.56
Forfeited	(18,844)			30.71
Outstanding at September 30, 2022	300,962			29.24
Vested at Period-End	178,250			27.56
Expected to Vest	122,712			31.68
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted	$	7.43
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 September 30, 2022:

	Shares			Weighted Average Exercise Price
Outstanding at January 1, 2022	278,899			$	27.62
Granted	58,710			34.79
Exercised	(17,803)			20.56
Forfeited	(18,844)			30.71
Outstanding at September 30, 2022	300,962			29.24
Vested at Period-End	178,250			27.56
Expected to Vest	122,712			31.68
Stock Options Granted
Weighted Average Grant Date Information:
Fair Value of Options Granted	$	7.43
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 and nine month periods ended September 30, 2022 and 2021:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
Amount expensed	$	79	$	71	$	233	$	212

The following table presents information on the amounts expensed related to restricted stock units for the periods ended September 30, 2022 and 2021:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
Amount expensed	$	35	$	32	$	105	$	98

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes information about restricted stock unit activity for the periods ended September 30, 2022 and 2021:

	Restricted Stock Units	Weighted Average Grant Date Fair Value
Non-vested at January 1, 2022	13,599	$	29.27
Granted	4,312	34.79
Vested	(4,391)	28.17
Non-vested at September 30, 2022	13,520	31.38
Non-vested at January 1, 2021	12,373	29.81
Granted	5,026	27.71
Vested	(3,800)	28.95
Non-vested at September 30, 2021	13,599	29.27