XML 44 R37.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Share-Based Compensation Plans (Tables)
 6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Summary of Restricted Stock Awards ,Restricted Stock Unit Award and Performance Share Units Activity

The Company granted restricted stock awards (“RSAs”), restricted stock unit award (“RSUs”), and performance-based restricted stock units (“PSUs”) during the six months ended June 30, 2024 as follows:

 

 

Number of
   Underlying
Shares

 

 

Weighted Average Grant Date Fair Value

 

RSAs

 

 

22,011

 

 

$

17.49

 

RSUs

 

 

131,665

 

 

$

15.56

 

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
June 30,

 

 

Six months ended
June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Salaries and employee benefits

 

$

505

 

 

$

453

 

 

$

1,033

 

 

$

963

 

Other noninterest expense

 

 

241

 

 

 

204

 

 

 

282

 

 

 

245

 

Total share-based compensation expense

 

$

746

 

 

$

657

 

 

$

1,315

 

 

$

1,208

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax benefit realized for compensation costs

 

$

94

 

 

$

69

 

 

$

383

 

 

$

438