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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Option Activity under the Company's Stock Option Plans
A summary of the status of the Company’s option plans as of December 31, 2019 and the changes during the year ending on that date is represented below.
 
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(in Years)
 
Aggregate
Intrinsic
Value
Outstanding, beginning of year
 
67,488

 
$
8.28

 
2.86
 
$
440,483

Exercised
 
(35,782
)
 
8.75

 
 
 
 
Outstanding, end of year
 
31,706

 
$
7.76

 
0.58
 
$
305,120

Options exercisable at year-end
 
31,706

 
$
7.76

 
0.58
 
$
305,120


Summary of Company's Restricted Stock
Information regarding the Company’s RSUs and changes during the year ended December 31, 2019 is as follows:
 
 
Number of
RSUs
 
Weighted
Average
Price
Outstanding, beginning of year
 
299,347

 
$
16.60

Granted
 
149,559

 
16.54

Vested
 
(138,578
)
 
13.12

Forfeited
 
(9,699
)
 
18.02

Outstanding, end of year
 
300,629

 
$
18.13


Information regarding the Company’s restricted stock for the year ended December 31, 2019 is as follows:
 
 
Number of
Shares
 
Weighted
Average
Price
Outstanding, beginning of year
 
11,701

 
$
20.18

Granted
 
13,052

 
15.96

Vested
 
(11,643
)
 
20.24

Outstanding, end of year
 
13,110

 
$
15.93