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Stock-Based Compensation Plan (Tables)
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Restricted Stock Activity

The following table presents restricted stock activity for the three months ended March 31, 2024 and 2023:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

 

 

Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

Nonvested, beginning of period

 

 

56,914

 

 

$

35.06

 

 

 

38,780

 

 

$

33.47

 

Granted

 

 

41,940

 

 

 

30.00

 

 

 

36,378

 

 

 

36.80

 

Vested

 

 

(23,557

)

 

 

34.22

 

 

 

(12,749

)

 

 

32.33

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Nonvested, end of period

 

 

75,297

 

 

$

32.45

 

 

 

62,409

 

 

$

35.64