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Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement, Noncash Expense [Abstract]

Summary of Restricted Stock Award Activity

The following table is a summary of restricted stock award activity for the year ended December 31, 2024:

		Number of Shares				Weighted Average Grant Date Fair Value
Non-vested at beginning of year			10,087			$	16.34
Granted			22,011				17.49
Vested			(21,098	)			16.94
Forfeited			(1,000	)			17.49
Non-vested at end of year			10,000			$	17.49

Summary of Restricted Stock Units Activity

The following is a summary of restricted stock units’ activity for the year ended December 31, 2024:

		Number of Shares				Weighted Average Grant Date Fair Value
Non-vested at beginning of year			228,386			$	21.89
Granted			146,147				16.34
Vested			(43,065	)			27.49
Forfeited			(41,420	)			17.78
Non-vested at end of year			290,048			$	18.85

Summary of Performance Based Restricted Stock Units Activity

The following table is a summary of performance-based restricted stock units’ activity for the year ended December 31, 2024. Actual shares that have vested, or will vest depend on the level of attainment of the performance based criteria:

		Number of Shares				Weighted Average Grant Date Fair Value
Non-vested at beginning of year			77,766			$	22.22
Granted			54,754				15.59
Vested			(14,870	)			27.58
Forfeited			(11,454	)			17.62
Non-vested at end of year			106,196			$	18.55

Share-Based Compensation Expense and The Total Income Tax Benefit Included In Consolidated Statements of Income

The share-based compensation expense and the total income tax benefit included in the statements on income for the years ended December 31 was as follows (in thousands):

		2024				2023				2022
Salaries and employee benefits		$	1,237			$	1,346			$	2,234
Other noninterest expense			373				328				317
Total share-based compensation expense		$	1,610			$	1,674			$	2,551
Income tax benefit realized for compensation costs		$	404			$	444			$	486

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- Definition

Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Subparagraph (c)
-Paragraph 2
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

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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

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-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

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+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
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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

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-Name Accounting Standards Codification
-Section 50
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