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Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Restricted Shares Activity And Related Information
A summary of the Company’s restricted shares activity and related information is presented below:
Three months ended March 31,
 20252024
Restricted AwardsAverage Market Price at GrantRestricted AwardsAverage Market Price at Grant
Outstanding at January 1134,949 $84.90 135,558 $79.19 
Granted8,989 120.20 13,990 99.60 
Vested/Forfeited(29,927)74.40 (17,632)75.58 
Outstanding at March 31114,011 $90.44 131,916 $81.83 

Information regarding stock-based compensation associated with restricted shares is provided in the following table (in thousands):
Three months ended March 31,
20252024
Stock-based compensation expense associated with restricted shares, RSUs, and PSUs$719 $748 
At period-end:March 31, 2025December 31, 2024
Unrecognized stock-based compensation expense associated with restricted shares$5,638 $5,355 
Weighted average period (in years) in which the above amount is expected to be recognized3.03.1
Schedule of Net Benefit Costs
The following table presents the components of the Company's net periodic benefit cost, which is included in the line item "other expenses" in the consolidated statements of income (in thousands):
Three months ended March 31,
20252024
Components of net periodic cost:  
Interest cost$131 $129 
Expected return on plan assets(206)(207)
Net amortization and deferral51 93 
Net Periodic Pension (Benefit) Cost$(24)$15