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Share-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Summary of Company's Restricted Stock Activity
The following is a summary of the Company’s restricted stock activity during the nine months ended September 30, 2020:
Number of
Shares
Weighted
Average
Price
Outstanding, January 1, 202013,110 $15.93 
Granted13,041 16.87 
Vested(13,052)15.96 
Outstanding, September 30, 202013,099 $16.83 
The following is a summary of the Company’s RSU activity during the nine months ended September 30, 2020:
Number of
Shares
Weighted
Average
Price
Outstanding, January 1, 2020300,629 $18.13 
Granted175,869 15.37 
Vested(92,432)18.80 
Forfeited(8,736)18.03 
Outstanding, September 30, 2020375,330 $16.67 
Option Activity under the Company's Stock Option Plans
A summary of the activity under the Company’s stock option plans as of September 30, 2020 is as follows:
Number of
Shares
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value
Outstanding, January 1, 202031,706 $7.76 0.58$305,120 
Expired(28,940)7.83 
Outstanding, September 30, 20202,766 $6.94 1.32$8,329 
Options exercisable at September 30, 20202,766 $6.94 1.32$8,329