Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2023

Retirement Benefits [Abstract]

Summary of Restricted Shares Issued, Vested and Forfeited

The table below summarizes the details of the restricted shares issued, vested, and forfeited for the years ending December 31, 2023, 2022 and 2021.

	Year Ended December 31,
	2023				2022				2021
	Number of Shares		Number of Employees		Number of Shares		Number of Employees		Number of Shares		Number of Employees
Restricted shares issued		64,225		113		56,496		109		48,750		96
Restricted shares vested		32,427		69		26,900		60		18,845		50
Restricted shares awarded due to retirement		2,350		4		3,775		3		4,425		7
Restricted shares awarded for other		700		1		-		-		-		-
Restricted shares forfeited		6,350		8		8,000		9		2,575		4

Activity of Restricted Stock Awards

The following table summarizes the activity of restricted stock awards as of December 31:

	Year Ended December 31,
	2023					2022					2021
	Number of Shares			Weighted average fair value per award		Number of Shares			Weighted average fair value per award		Number of Shares			Weighted average fair value per award
Beginning of period		128,952		$	25.75		111,131		$	23.02		88,226		$	28.40
Granted		64,225			22.24		56,496			30.46		48,750			22.70
Vested		(35,477	)		22.54		(30,675	)		24.77		(23,270	)		42.03
Forfeited		(6,350	)		21.72		(8,000	)		30.15		(2,575	)		24.28
Nonvested, end of period		151,350		$	25.00		128,952		$	25.75		111,131		$	23.02