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Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation
The following table presents stock-based compensation expense related to the 2016 Equity Plan, included in the consolidated statements of income, for each of the periods indicated.
($ in thousands)December 31, 2024December 31, 2023
Stock-based compensation expense$1,730 $1,174 
The following table presents the total stock-based compensation expense related to unvested awards that has not yet been recognized at December 31, 2024 and 2023, and the weighted-average period over which the expense will be recognized.
At December 31, 2024
($ in thousands)Restricted StockRestricted Stock UnitsPerformance Stock Units
Unrecognized stock-based compensation expense$214 $855 $359 
Weighted-average period unrecognized expense is expected to be recognized0.4 years1.1 years2.2 years
At December 31, 2023
($ in thousands)Restricted StockRestricted Stock Units
Unrecognized stock-based compensation expense$175 $1,684 
Weighted-average period unrecognized expense is expected to be recognized0.5 years1.3 years
Schedule of Share-based Compensation, Restricted Stock and Units Award Activity
The following table summarizes the Company’s restricted stock, restricted stock unit and performance stock unit activity for the year ended December 31, 2024.
Restricted StockRestricted Stock UnitsPerformance Stock Units
Number of SharesWeighted-Average Grant Date Fair Value per ShareNumber of SharesWeighted-Average Grant Date Fair Value per ShareNumber of SharesWeighted-Average Grant Date Fair Value per Share
Outstanding at December 31, 202345,322 $15.42 165,055 $11.56 — $— 
Granted51,610 11.39 53,279 11.31 43,651 11.32 
Vested(45,322)15.39 (79,974)11.56 — — 
Forfeited— — (3,256)11.56 — — 
Outstanding at December 31, 202451,610 11.42 135,104 11.46 43,651 11.32