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Share-Based Compensation Plans (Tables)
 3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Summary of Restricted Stock Units and Performance Share Units Activity

The Company granted restricted stock units (“RSUs”) and performance-based restricted stock units (“PSUs”) during the three months ended March 31, 2024 as follows:

 

 

Number of
   Underlying
Shares

 

 

Weighted Average Grant Date Fair Value

 

RSUs

 

 

129,665

 

 

$

15.58

 

PSUs

 

 

54,754

 

 

$

15.59

 

Share-Based Compensation Expense and The Total Income Tax Benefit 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
March 31,

 

 

 

2024

 

 

2023

 

Salaries and employee benefits

 

$

528

 

 

$

510

 

Other noninterest expense

 

 

41

 

 

 

41

 

Total share-based compensation expense

 

$

569

 

 

$

551

 

 

 

 

 

 

 

 

Income tax benefit realized for compensation costs

 

$

286

 

 

$

368