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Stock-Based Compensation (Tables) | 9 Months Ended
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Sep. 30, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The following table summarizes information about stock option activity for the year to date period ended September 30, 2020.
| Shares |  | Weighted Average Exercise Price
Outstanding at January 1, 2020 | 248,495 |  |  | $ | 26.78 |
Granted | 52,324 |  |  | 34.25 |
Exercised | (26,822) |  |  | 22.23 |
Forfeited | (2,834) |  |  | 28.79 |
Outstanding at September 30, 2020 | 271,163 |  |  | 28.65 |
Vested at Period-End | 147,759 |  |  | 25.84 |
Expected to Vest | 123,404 |  |  | 32.01 |
Stock Options Granted |  |  |
Weighted Average Grant Date Information: |  |  |
Fair Value of Options Granted | $ | 4.84 |  |  |
Fair Value Assumptions: |  |  |
Dividend Yield | 2.90 | % |  |
Expected Volatility | 20.25 | % |  |
Risk Free Interest Rate | 1.53 | % |  |
Expected Lives (in years) | 6.68 |  |
Schedule of Stock Options Roll Forward | The following table summarizes information about stock option activity for the year to date period ended September 30, 2020.
| Shares |  | Weighted Average Exercise Price
Outstanding at January 1, 2020 | 248,495 |  |  | $ | 26.78 |
Granted | 52,324 |  |  | 34.25 |
Exercised | (26,822) |  |  | 22.23 |
Forfeited | (2,834) |  |  | 28.79 |
Outstanding at September 30, 2020 | 271,163 |  |  | 28.65 |
Vested at Period-End | 147,759 |  |  | 25.84 |
Expected to Vest | 123,404 |  |  | 32.01 |
Stock Options Granted |  |  |
Weighted Average Grant Date Information: |  |  |
Fair Value of Options Granted | $ | 4.84 |  |  |
Fair Value Assumptions: |  |  |
Dividend Yield | 2.90 | % |  |
Expected Volatility | 20.25 | % |  |
Risk Free Interest Rate | 1.53 | % |  |
Expected Lives (in years) | 6.68 |  |
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs | The following table presents information on the amounts expensed related to stock options for the three and nine month periods ended September 30, 2020 and 2019:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Amount expensed |  | $ | 76 |  |  | $ | 79 |  |  | $ | 227 |  |  | $ | 237 |
The following table presents information on the amounts expensed related to restricted stock units for the periods ended September 30, 2020 and 2019:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Amount expensed |  | $ | 30 |  |  | $ | 19 |  |  | $ | 88 |  |  | $ | 55 |
Schedule of Nonvested Restricted Stock Units Activity | The following table summarizes information about restricted stock unit activity for the periods ended September 30, 2020 and 2019.
| Restricted Stock Units |  | Weighted Average Grant Date Fair Value
Non-vested at January 1, 2020 | 7,721 |  |  | $ | 30.27 |
Granted | 3,942 |  |  | 34.25 |
Non-vested at September 30, 2020 | 11,663 |  |  | 31.62 |
Non-vested at January 1, 2019 | 3,582 |  |  | 30.70 |
Granted | 4,139 |  |  | 29.89 |
Non-vested at September 30, 2019 | 7,721 |  |  | 30.27 |

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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 changes in outstanding nonvested restricted stock units. + 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)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + 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 (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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