Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Company's Restricted Stock Activity

The following is a summary of the Company’s RSU activity during the three months ended March 31, 2018:

	Number of Shares		Weighted Average Price
Outstanding, January 1, 2018	267,732		$	13.93
Granted	146,233		19.11
Vested	(116,921	)	13.80
Forfeited	(344	)	17.29
Outstanding, March 31, 2018	296,700		$	16.53

The following is a summary of the Company’s restricted stock activity during the three months ended March 31, 2018:

	Number of Shares		Weighted Average Price
Outstanding, January 1, 2018	22,982		$	14.44
Granted	10,945		20.55
Vested	(22,856	)	14.46
Forfeited	—		—
Outstanding, March 31, 2018	11,071		$	20.43

Option Activity under the Company's Stock Option Plans

There were no grants of stock options in the first three months of 2018 or 2017. Option activity under the Company’s stock option plans is as follows:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value
Outstanding, January 1, 2018	102,216		$	8.49	4.27	$	1,101,806
Granted	—		—
Exercised	(26,250	)	9.44
Forfeited	—		—
Expired	—		—
Outstanding, March 31, 2018	75,966		$	8.16	2.88	$	889,821
Options exercisable at March 31, 2018	75,966		$	8.16	2.88	$	889,821