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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Stock-Based Compensation [Abstract]  
Summarization of outstanding and exercisable options

The following tables below summarize option activity and outstanding and exercisable options at and for the year ended December 31, 2017.









 

 

 

 

 

 

 

 



 

 

 

Weighted

 

 

 

Weighted-Average



 

 

 

Average

 

Aggregate

 

Contractual Life



 

 

 

Exercise

 

Intrinsic

 

Remaining In

(dollars in thousands, except per share amounts)

 

Shares

 

Price

 

Value

 

Years



 

 

 

 

 

 

 

 

Outstanding at January 1, 2017

 

15,081 

 

$                    27.70 

 

$                           - 

 

 

Exercised

 

(14,231)

 

27.70 

 

134 

 

 

Expired

 

(350)

 

27.70 

 

 -

 

 

Forfeited

 

(500)

 

27.70 

 

 -

 

 



 

 

 

 

 

 

 

 

Outstanding at December 31, 2017

 

 -

 

$                           - 

 

$                           - 

 

 -



 

 

 

 

 

 

 

 

Exercisable at December 31, 2017

 

 -

 

$                           - 

 

$                           - 

 

 -



Summary of the unvested restricted stock awards outstanding

The Company has outstanding restricted stock in accordance with the Plan. As of December 31, 2018 and 2017, unrecognized stock compensation expense was $430,000 and $521,000, respectively. The following tables summarize the unvested restricted stock awards outstanding at December 31, 2018 and 2017respectively.







 

 

 

 

 



 

Restricted Stock

 



 

 

 

 

 



 

Number of Shares

 

Weighted
 Average Grant
Date Fair Value

 



 

 

 

 

 

Nonvested at January 1, 2018

 

32,809 

 

$                    22.61 

 

Granted

 

10,662 

 

36.43 

 

Vested

 

(17,607)

 

21.85 

 

Cancelled

 

(391)

 

27.69 

 



 

 

 

 

 

Nonvested at December 31, 2018

 

25,473 

 

$                    28.76 

 











 

 

 

 

 

 

 



 

Restricted Stock

 



 

Number of Shares

 

Weighted
 Average Grant
Date Fair Value

 



 

 

 

 

 

Nonvested at January 1, 2017

 

47,881 

 

$                    20.41 

 

Granted

 

6,752 

 

30.20 

 

Vested

 

(21,738)

 

20.13 

 

Cancelled

 

(86)

 

20.75 

 



 

 

 

 

 

Nonvested at December 31, 2017

 

32,809 

 

$                    22.61