XML 63 R44.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Stock and Incentive Compensation Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Share-based Payment Arrangement [Abstract] |
Share-Based Compensation Cost Charged to Income | Share-based compensation cost charged to income for the years ended December 31, 2021, 2020 and 2019, is presented below. There was no stock option expense for any of the periods shown.
|  |  |  |  | Years Ended December 31,
(Dollars in thousands) |  |  |  |  |  |  |  |  | 2021 |  | 2020 |  | 2019
RSA & RSU |  |  |  |  |  |  |  |  | $ | 2,100 |  |  | $ | 2,320 |  |  | $ | 2,247 |
ESPP |  |  |  |  |  |  |  |  | 195 |  |  | — |  |  | — |
Total stock compensation expense |  |  |  |  |  |  |  |  | $ | 2,295 |  |  | $ | 2,320 |  |  | $ | 2,247 |
Related tax benefits recognized in net income |  |  |  |  |  |  |  |  | $ | 482 |  |  | $ | 487 |  |  | $ | 472 |
Time-Vested Award Activity | The following table summarizes the Company's time-vested award activity:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
| Shares |  | Weighted Average Grant-Date Fair Value |  | Shares |  | Weighted Average Grant-Date Fair Value |  | Shares |  | Weighted Average Grant-Date Fair Value
Nonvested RSA shares, January 1, | 103,359 |  |  | $ | 31.51 |  |  | 149,449 |  |  | $ | 35.15 |  |  | 174,407 |  |  | $ | 35.01 |
Granted RSA | 13,460 |  |  | 42.26 |  |  | 30,638 |  |  | 20.14 |  |  | 37,641 |  |  | 32.77 |
Vested RSA | (67,825) |  |  | 31.07 |  |  | (72,325) |  |  | 33.88 |  |  | (59,344) |  |  | 33.50 |
Forfeited RSA | (946) |  |  | 24.69 |  |  | (4,403) |  |  | 37.11 |  |  | (3,255) |  |  | 30.21 |
Nonvested RSA shares, December 31, | 48,048 |  |  | 35.27 |  |  | 103,359 |  |  | 31.51 |  |  | 149,449 |  |  | 35.15 |
Nonvested RSU, January 1, | — |  |  | $ | — |  |  | — |  |  | $ | — |  |  | — |  |  | $ | — |
Granted RSU | 73,977 |  |  | 40.64 |  |  | — |  |  | — |  |  | — |  |  | — |
Nonvested RSU, December 31 | 73,977 |  |  | 40.64 |  |  | — |  |  | — |  |  | — |  |  | — |
Stock Option Activity | The table below summarizes the status of the Company's stock options and changes during the years ended December 31, 2021, 2020 and 2019 .
(Dollars in thousands, except per share amounts) | Number of Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term (in years) |  | Aggregate Intrinsic Value
Outstanding at January 1, 2019 | 274,000 |  |  | $ | 10.38 |  |  | 6.75 |  | $ | 6,493 |
Exercised | (20,000) |  |  | 8.25 |  |  | — |  |  | — |
Outstanding at December 31, 2019 | 254,000 |  |  | 10.55 |  |  | 5.81 |  | 6,932 |
Exercised | (30,000) |  |  | 8.25 |  |  | — |  |  | — |
Outstanding at December 31, 2020 | 224,000 |  |  | 10.86 |  |  | 4.92 |  | 3,789 |
Exercised | (184,800) |  |  | 10.88 |  |  | — |  |  | — |
Outstanding at December 31, 2021 | 39,200 |  |  | 10.73 |  |  | 2.28 |  | 1,262 |
Exercisable at December 31, 2021 | 39,200 |  |  | 10.73 |  |  | 2.28 |  | 1,262 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + 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) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + 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 (h)(1) -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 S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=122041274&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration