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Share-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [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, 2020:
 
Number of
Shares
 
Weighted
Average
Price
Outstanding, January 1, 2020
300,629

 
$
18.13

Granted
169,169

 
15.56

Vested
(84,082
)
 
18.74

Forfeited
(5,416
)
 
18.45

Outstanding, March 31, 2020
380,300

 
$
16.85


The following is a summary of the Company’s restricted stock activity during the three months ended March 31, 2020:
 
Number of
Shares
 
Weighted
Average
Price
Outstanding, January 1, 2020
13,110

 
$
15.93

Granted
13,041

 
16.87

Vested
(13,052
)
 
15.96

Outstanding, March 31, 2020
13,099

 
$
16.83
Option Activity under the Company's Stock Option Plans
A summary of the activity under the Company’s stock option plans as of March 31, 2020 is as follows:
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value
Outstanding, January 1, 2019
31,706

 
$
7.76

 
0.58
 
$
305,120

Granted
—

 
—

 
 
 
 
Exercised
—

 
—

 
 
 
 
Outstanding, March 31, 2020
31,706

 
$
7.76

 
0.33
 
$
96,811

Options exercisable at March 31, 2020
31,706

 
$
7.76

 
0.33
 
$
96,811