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Share-Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2022
Share-based Payment Arrangement [Abstract] |
Components of Share Based Compensation Awards | The following table summarizes the components of the Corporation's share-based compensation awards recorded as an expense and the income tax benefit of such awards.
| Three Months Ended March 31, |  |
| 2022 |  | 2021 |  |  |  |
Stock and ESPP Options |  |  |  |  |  |  |
Pre-tax compensation expense | $ | 29 |  |  | $ | 75 |  |  |  |  |
Income tax expense (benefit) | (17) |  |  | (72) |  |  |  |  |
Stock and ESPP option expense, net of income taxes | $ | 12 |  |  | $ | 3 |  |  |  |  |
Restricted Stock Awards |  |  |  |  |  |  |
Pre-tax compensation expense | $ | 1,071 |  |  | $ | 1,115 |  |  |  |  |
Income tax expense (benefit) | (226) |  |  | (237) |  |  |  |  |
Restricted stock awards expense, net of income taxes | $ | 845 |  |  | $ | 878 |  |  |  |  |
Total Share-Based Compensation |  |  |  |  |  |  |
Pre-tax compensation expense | $ | 1,100 |  |  | $ | 1,190 |  |  |  |  |
Income tax expense (benefit) | (243) |  |  | (309) |  |  |  |  |
Total share-based compensation expense, net of income taxes | $ | 857 |  |  | $ | 881 |  |  |  |  |
Stock Option Activity Under Stock Option Plans | Stock option activity under the Corporation's stock option plans as of March 31, 2022 and changes during the three months ended March 31, 2022, were as follows:
| Number of Shares |  | Weighted-Average Exercise Price |  | Weighted Average Remaining Contractual Term (in Years) |  | Aggregate Intrinsic Value
Outstanding at January 1, 2022 | 28,500 |  |  | $ | 17.14 |  |  |  |  |
Exercised | (3,000) |  |  | $ | 12.46 |  |  |  |  |
Outstanding March 31, 2022 | 25,500 |  |  | $ | 17.69 |  |  | 1.37 |  | $ | 609,645 |
Vested and Expected to Vest at March 31, 2022 | 25,500 |  |  | $ | 17.69 |  |  | 1.37 |  | $ | 609,645 |
Exercisable at March 31, 2022 | 25,500 |  |  | $ | 17.69 |  |  | 1.37 |  | $ | 609,645 |
Summary of Unvested RSAs Outstanding | The following table summarizes information on unvested RSAs outstanding as of March 31, 2022:
| Number of Shares |  | Weighted-Average Grant Date Fair Value
Unvested RSAs at January 1, 2022 | 411,259 |  |  | $ | 35.86 |
Granted | 5,666 |  |  | $ | 41.77 |
Vested | (1,200) |  |  | $ | 38.96 |
Forfeited | (2,850) |  |  | $ | 36.78 |
Unvested RSAs at March 31, 2022 | 412,875 |  |  | $ | 35.92 |

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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