Share Based Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The assumptions used to value SARs granted during 2019 were as follows:

	5-year vesting SARs		7-year vesting SARs
Risk-free interest rate	2.43	%	2.51	%
Expected dividend yield	2.30	%	2.30	%
Expected common stock volatility	35.71	%	40.84	%
Expected life	5.5 years		7.0 years

Schedule of Share-based Compensation, Stock Options, Activity

A summary of our SAR and stock option activity the first six months of 2020 and 2019 is as follows:

	For the Six Months Ended June 30,
	2020
	Options/SARs	Aggregate Intrinsic Value (in thousands)		Remaining Contractual Term (Yrs.)	Weighted-Average Exercise Price
Outstanding, January 1	330,703				$	20.44
Granted	—				—
Exercised	—				—
Forfeited	—				—
Expired	—				—
Outstanding, June 30	330,703	$	529	6.83	$	20.44
Exercisable, June 30	179,375	$	529	5.77	$	17.03

	For the Six Months Ended June 30,
	2019
	Options/SARs		Aggregate Intrinsic Value (in thousands)		Remaining Contractual Term (Yrs.)	Weighted-Average Exercise Price
Outstanding, January 1	232,091					$	17.36
Granted	138,125					23.94
Exercised	(31,413	)				11.83
Forfeited	—					—
Expired	—					—
Outstanding, June 30	338,803		$	2,132	7.66	$	20.56
Exercisable, June 30	112,989		$	1,189	5.84	$	16.32

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

A summary of our RSU activity and related information is as follows.

Dollars in thousands, except per share amounts	RSUs		Weighted Average Grant Date Fair Value
Nonvested, December 31, 2019	2,892		25.93
Granted	12,841		18.19
Forfeited	—		—
Vested	(651	)	25.60
Nonvested, June 30, 2020	15,082		20.45