Stock-based Compensation (Tables)

The following table provides information about options outstanding for the three months ended March 31, 2019:



	Shares		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Options outstanding, December 31, 2018	50,601		$	18.28	$	4.68
Forfeited	—		—		—
Expired	—		—		—
Exercised	(29,600	)	$	18.25	$	4.48
Options outstanding, March 31, 2019	21,001		$	18.32	$	4.95

Proceeds, related tax benefits realized from options exercised and intrinsic value of options exercised were as follows:



	Three Months Ended March 31,
(dollars in thousands)	2019		2018
Proceeds from exercise of stock options	$	540	$	992
Related tax benefit recognized	137		210
Net proceeds of options exercised	$	677	$	1,202

Intrinsic value of options exercised	$	652	$	999

The following table provides information about options outstanding and exercisable at March 31, 2019:



(dollars in thousands, except share data and exercise price)	Outstanding		Exercisable
Number of shares	21,001		21,001
Weighted average exercise price	$	18.32	$	18.32
Aggregate intrinsic value	$	374	$	374
Weighted average remaining contractual term in years	0.5		0.5

The following table details the RSUs for the three months ended March 31, 2019:



	Three Months Ended March 31, 2019
	Number of Shares		Weighted Average Grant Date Fair Value
Beginning balance	76,746		$	39.71
Granted	36,690		$	34.75
Vested	(2,300	)	$	31.68
Forfeited	(3,501	)	$	41.13
Ending balance	107,635		$	38.14

The following table details the PSUs for the three months ended March 31, 2019:



	Three Months Ended March 31, 2019
	Number of Shares		Weighted Average Grant Date Fair Value
Beginning balance	121,656		$	36.82
Granted	46,395		$	33.00
Vested	—		$	—
Forfeited	(8,254	)	$	39.28
Ending balance	159,797		$	35.58