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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Compensation  
Schedule of stock option activity

Year Ended December 31,

 

2023

2022

2020

 

Weighted

Weighted

Weighted

 

Average

Average

Average

 

Exercise

Exercise

Exercise

 

 

Shares

Price

Shares

Price

Shares

Price

 

Outstanding at January 1, 2023

    

161,832

    

$

66.20

    

185,125

    

$

63.03

    

256,425

    

$

59.01

Assumed stock options and warrants from ACBI merger

23,410

40.73

Exercised

 

(48,749)

 

55.88

(43,525)

 

41.16

(64,075)

 

45.35

Forfeited

 

 

(356)

 

38.31

(6,250)

 

85.42

Expired

 

(5,491)

 

32.25

(2,822)

 

36.98

(975)

 

24.37

Outstanding at December 31, 2023

 

107,592

 

72.60

161,832

 

66.20

185,125

 

63.03

Exercisable at December 31, 2023

 

107,592

 

72.60

161,832

 

66.20

185,125

 

63.03

Schedule of information pertaining to options outstanding

Options Outstanding

Options Exercisable

Weighted

Weighted

Average

Average

Remaining

Weighted

Remaining

Weighted

Range of

Number

Contractual

Average

Number

Contractual

Average

Exercise Prices

Outstanding

Life

Exercise Price

Outstanding

Life

Exercise Price

$

37.72

-

$

40.00

    

4,348

    

1.1

years

$

38.32

    

4,348

1.1

years

$

38.32

$

40.01

-

$

55.00

 

27,539

 

2.9

years

$

45.42

 

27,539

2.9

years

$

45.42

$

55.01

-

$

70.00

 

18,536

 

1.2

years

$

63.93

 

18,536

1.2

years

$

63.93

$

85.01

-

$

91.35

 

57,169

 

3.6

years

$

91.12

57,169

3.6

years

$

91.12

 

107,592

 

2.7

years

$

72.60

 

107,592

2.7

years

$

72.60

Summary of nonvested restricted stock

    

    

Weighted-

 

Average

 

Grant-Date

 

Restricted Stock

Shares

Fair Value

 

Nonvested at January 1, 2023

 

50,506

$

89.12

Vested

 

(31,537)

 

89.29

Forfeited

 

(2,721)

 

90.00

Nonvested at December 31, 2023

 

16,248

$

88.63

Vesting schedule of shares

    

Shares

 

2024

 

11,373

2025

 

4,875

 

16,248

Summary of nonvested RSUs

    

    

Weighted-

 

Average

 

Grant-Date

 

Restricted Stock Units

Shares

Fair Value

 

Outstanding at January 1, 2023

 

940,512

$

73.82

Granted

 

398,655

 

74.45

Vested

(455,443)

71.65

Forfeited

(10,676)

76.15

Outstanding at December 31, 2023

 

873,048

$

75.22