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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 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 restricted stock activity during the six months ended June 30, 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, June 30, 2018
11,071

 
$
20.44

The following is a summary of the Company’s RSU activity during the six months ended June 30, 2018:
 
Number of
Shares
 
Weighted
Average
Price
Outstanding, January 1, 2018
267,732

 
$
13.93

Granted
151,733

 
19.13

Vested
(116,921
)
 
13.80

Forfeited
(4,650
)
 
18.61

Outstanding, June 30, 2018
297,894

 
$
16.56

Option Activity under the Company's Stock Option Plans
There were no grants of stock options in the first six 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
(34,728
)
 
8.84

 
 
 
 
Forfeited

 

 
 
 
 
Expired

 

 
 
 
 
Outstanding, June 30, 2018
67,488

 
$
8.31

 
3.36
 
$
780,627

Options exercisable at June 30, 2018
67,488

 
$
8.31

 
3.36
 
$
780,627