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Stock-Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2022
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 March 31, 2022.
| Shares |  | Weighted Average Exercise Price
Outstanding at January 1, 2022 | 270,758 |  |  | $ | 28.45 |
Granted | 57,000 |  |  | 35.83 |
Exercised | (12,145) |  |  | 19.81 |
Forfeited | (246) |  |  | 19.67 |
Outstanding at March 31, 2022 | 315,367 |  |  | 30.12 |
Vested at Period-End | 177,611 |  |  | 28.24 |
Expected to Vest | 137,756 |  |  | 32.55 |
Stock Options Granted |  |  |
Weighted Average Grant Date Information: |  |  |
Fair Value of Options Granted | $ | 7.65 |  |  |
Fair Value Assumptions: |  |  |
Dividend Yield | 2.90 | % |  |
Expected Volatility | 27.15 | % |  |
Risk Free Interest Rate | 1.69 | % |  |
Expected Lives (in years) | 8.56 |  |
Schedule of Stock Options Roll Forward | The following table summarizes information about stock option activity for the year to date period ended March 31, 2022.
| Shares |  | Weighted Average Exercise Price
Outstanding at January 1, 2022 | 270,758 |  |  | $ | 28.45 |
Granted | 57,000 |  |  | 35.83 |
Exercised | (12,145) |  |  | 19.81 |
Forfeited | (246) |  |  | 19.67 |
Outstanding at March 31, 2022 | 315,367 |  |  | 30.12 |
Vested at Period-End | 177,611 |  |  | 28.24 |
Expected to Vest | 137,756 |  |  | 32.55 |
Stock Options Granted |  |  |
Weighted Average Grant Date Information: |  |  |
Fair Value of Options Granted | $ | 7.65 |  |  |
Fair Value Assumptions: |  |  |
Dividend Yield | 2.90 | % |  |
Expected Volatility | 27.15 | % |  |
Risk Free Interest Rate | 1.69 | % |  |
Expected Lives (in years) | 8.56 |  |
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 month periods ended March 31, 2022 and 2021:
|  | For the Three Months Ended March 31, |  |
|  | 2022 |  | 2021 |  |  |  |
Amount expensed |  | $ | 75 |  |  | $ | 72 |  |  |  |  |
The following table presents information on the amounts expensed related to restricted stock units for the periods ended March 31, 2022 and 2021:
|  | For the Three Months Ended March 31, |  |
|  | 2022 |  | 2021 |  |  |  |
Amount expensed |  | $ | 35 |  |  | $ | 32 |  |  |  |  |
Schedule of Nonvested Restricted Stock Units Activity | The following table summarizes information about restricted stock unit activity for the periods ended March 31, 2022 and 2021.
| Restricted Stock Units |  | Weighted Average Grant Date Fair Value
Non-vested at January 1, 2022 | 13,203 |  |  | $ | 30.15 |
Granted | 4,186 |  |  | 35.83 |
Vested | (4,263) |  |  | 29.02 |
Non-vested at March 31, 2022 | 13,126 |  |  | 32.32 |
Non-vested at January 1, 2021 | 12,012 |  |  | 30.70 |
Granted | 4,880 |  |  | 28.54 |
Vested | (3,689) |  |  | 29.82 |
Non-vested at March 31, 2021 | 13,203 |  |  | 30.15 |

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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=122041274&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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