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Share-Based Compensation Plans (Tables) | 6 Months Ended
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Jun. 30, 2021
Share Based Compensation [Abstract] |
Summary of Restricted Stock Units and Performance Share Units Activity | The MD&C Committee approved the grant of restricted stock units (“RSUs”) and performance share units (“PSUs”) shown in the table below to certain members of management during the six months ended June 30, 2021.
|  | Number of Underlying Shares |  |  | Weighted Average Per Share Grant Date Fair Value |
RSUs |  |  | 59,998 |  |  | $ | 27.50 |
PSUs |  |  | 22,178 |  |  |  | 27.58 |
Summary of Restricted Stock Awards and Restricted Stock Units Activity | The following is a summary of restricted stock awards and restricted stock units activity for the six months ended June 30, 2021:
|  | Number of Shares |  |  | Weighted Average Market Price at Grant Date |
Outstanding at beginning of year |  |  | 168,513 |  |  | $ | 25.65 |
Granted |  |  | 91,526 |  |  |  | 27.99 |
Vested |  |  | (29,888 | ) |  |  | 26.64 |
Forfeited |  |  | (25,977 | ) |  |  | 26.68 |
Outstanding at end of period |  |  | 204,174 |  |  | $ | 26.42 |
Share-Based Compensation Expense Included in Consolidated Statements of Income | The share-based compensation expense included in the consolidated statements of income, is as follows (in thousands):
|  | Three months ended June 30, |  |  | Six months ended June 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Salaries and employee benefits |  | $ | 383 |  |  | $ | 228 |  |  | $ | 571 |  |  | $ | 532 |
Other noninterest expense |  |  | 179 |  |  |  | 141 |  |  |  | 207 |  |  |  | 169 |
Total share-based compensation expense |  | $ | 562 |  |  | $ | 369 |  |  | $ | 778 |  |  | $ | 701 |

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- 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=115993241&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
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + 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)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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