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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2024
Stockholders' Equity Note [Abstract]  
Changes in Shares of Common Stock

The following table sets forth the changes in the number of shares of common stock for the years ended December 31:

 

 

 

Outstanding

 

 

Treasury

 

 

Issued

 

2024

 

 

 

 

 

 

 

 

 

Shares outstanding at beginning of year

 

 

15,407,406

 

 

 

692,150

 

 

 

16,099,556

 

Common stock issued

 

 

4,600,000

 

 

 

-

 

 

 

4,600,000

 

Restricted stock awards issued

 

 

22,011

 

 

 

(22,011

)

 

 

-

 

Restricted stock awards forfeited

 

 

(1,000

)

 

 

1,000

 

 

 

-

 

Restricted stock units released

 

 

64,989

 

 

 

(64,989

)

 

 

-

 

Stock awards

 

 

6,079

 

 

 

(6,079

)

 

 

-

 

Treasury stock purchases

 

 

(22,913

)

 

 

22,913

 

 

 

-

 

Shares outstanding at end of year

 

 

20,076,572

 

 

 

622,984

 

 

 

20,699,556

 

 

 

 

 

 

 

 

 

 

2023

 

 

 

 

 

 

 

 

 

Shares outstanding at beginning of year

 

 

15,340,001

 

 

 

759,555

 

 

 

16,099,556

 

Restricted stock awards issued

 

 

20,185

 

 

 

(20,185

)

 

 

-

 

Restricted stock units released

 

 

59,984

 

 

 

(59,984

)

 

 

-

 

Stock awards

 

 

10,591

 

 

 

(10,591

)

 

 

-

 

Treasury stock purchases

 

 

(23,355

)

 

 

23,355

 

 

 

-

 

Shares outstanding at end of year

 

 

15,407,406

 

 

 

692,150

 

 

 

16,099,556

 

 

 

 

 

 

 

 

 

 

2022

 

 

 

 

 

 

 

 

 

Shares outstanding at beginning of year

 

 

15,745,453

 

 

 

354,103

 

 

 

16,099,556

 

Restricted stock awards issued

 

 

12,242

 

 

 

(12,242

)

 

 

-

 

Restricted stock units released

 

 

55,912

 

 

 

(55,912

)

 

 

-

 

Stock awards

 

 

7,856

 

 

 

(7,856

)

 

 

-

 

Treasury stock purchases

 

 

(481,462

)

 

 

481,462

 

 

 

-

 

Shares outstanding at end of year

 

 

15,340,001

 

 

 

759,555

 

 

 

16,099,556