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Stock Incentive Plan (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Summary of Compensation Cost, Net of Forfeitures, Related to Stock-based Compensation

The following table summarizes the compensation cost, net of forfeitures, related to stock-based compensation for the years ended December 31, 2023, 2022, and 2021 (in thousands):

		2023				2022				2021
Stock and stock unit awards:
Pre-tax compensation expense		$	1,656			$	1,874			$	1,304
Income tax benefit			(348	)			(394	)			(274	)
Total share-based compensation expense, net of income taxes		$	1,308			$	1,480			$	1,030

Summary of Unvested Stock and Stock Units

The following table summarizes non-vested stock and stock unit activity for the years ended December 31, 2023, 2022, and 2021:

		2023								2022								2021
						Weighted-avg								Weighted-avg								Weighted-avg
						Grant-date								Grant-date								Grant-date
		Shares				Fair Value				Shares				Fair Value				Shares				Fair Value
Nonvested, beginning of year			82,048			$	37.41				62,040			$	34.27				42,220			$	34.62
Granted			45,986				27.64				63,150				41.07				48,575				34.42
Vested			(49,525	)			(34.88	)			(40,759	)			(38.20	)			(28,355	)			(35.02	)
Forfeited			(1,769	)			(35.15	)			(2,383	)			(39.35	)			(400	)			(34.34	)
Nonvested, end of year			76,740			$	33.24				82,048			$	37.41				62,040			$	34.27
Fair value of shares vested						$	1,727,554							$	1,556,870							$	993,094

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- Definition

Tabular disclosure of the change in restricted stock and restricted stock units (RSUs).

+ References

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- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

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