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Share-Based Compensation (Tables)
 9 Months Ended
Sep. 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 RSU activity during the nine months ended September 30, 2018:
 
Number of
Shares
 
Weighted
Average
Price
Outstanding, January 1, 2018
267,732

 
$
13.93

Granted
153,233

 
19.14

Vested
(118,921
)
 
13.77

Forfeited
(6,697
)
 
18.88

Outstanding, September 30, 2018
295,347

 
$
16.58

The following is a summary of the Company’s restricted stock activity during the nine months ended September 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, September 30, 2018
11,071

 
$
20.44
Option Activity under the Company's Stock Option Plans
There were no grants of stock options in the first nine 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, September 30, 2018
67,488

 
$
8.31

 
3.11
 
$
659,147

Options exercisable at September 30, 2018
67,488

 
$
8.31

 
3.11
 
$
659,147