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Stock-Based Compensation (Tables) | 9 Months Ended
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Sep. 30, 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 September 30, 2022:
| Shares |  | Weighted Average Exercise Price
Outstanding at January 1, 2022 | 278,899 |  |  | $ | 27.62 |
Granted | 58,710 |  |  | 34.79 |
Exercised | (17,803) |  |  | 20.56 |
Forfeited | (18,844) |  |  | 30.71 |
Outstanding at September 30, 2022 | 300,962 |  |  | 29.24 |
Vested at Period-End | 178,250 |  |  | 27.56 |
Expected to Vest | 122,712 |  |  | 31.68 |
Stock Options Granted |  |  |
Weighted Average Grant Date Information: |  |  |
Fair Value of Options Granted | $ | 7.43 |  |  |
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 September 30, 2022:
| Shares |  | Weighted Average Exercise Price
Outstanding at January 1, 2022 | 278,899 |  |  | $ | 27.62 |
Granted | 58,710 |  |  | 34.79 |
Exercised | (17,803) |  |  | 20.56 |
Forfeited | (18,844) |  |  | 30.71 |
Outstanding at September 30, 2022 | 300,962 |  |  | 29.24 |
Vested at Period-End | 178,250 |  |  | 27.56 |
Expected to Vest | 122,712 |  |  | 31.68 |
Stock Options Granted |  |  |
Weighted Average Grant Date Information: |  |  |
Fair Value of Options Granted | $ | 7.43 |  |  |
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 and nine month periods ended September 30, 2022 and 2021:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Amount expensed |  | $ | 79 |  |  | $ | 71 |  |  | $ | 233 |  |  | $ | 212 |
The following table presents information on the amounts expensed related to restricted stock units for the periods ended September 30, 2022 and 2021:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Amount expensed |  | $ | 35 |  |  | $ | 32 |  |  | $ | 105 |  |  | $ | 98 |
Schedule of Nonvested Restricted Stock Units Activity | The following table summarizes information about restricted stock unit activity for the periods ended September 30, 2022 and 2021:
| Restricted Stock Units |  | Weighted Average Grant Date Fair Value
Non-vested at January 1, 2022 | 13,599 |  |  | $ | 29.27 |
Granted | 4,312 |  |  | 34.79 |
Vested | (4,391) |  |  | 28.17 |
Non-vested at September 30, 2022 | 13,520 |  |  | 31.38 |
Non-vested at January 1, 2021 | 12,373 |  |  | 29.81 |
Granted | 5,026 |  |  | 27.71 |
Vested | (3,800) |  |  | 28.95 |
Non-vested at September 30, 2021 | 13,599 |  |  | 29.27 |

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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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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