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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award | Long Term Incentive Plan The Long Term Incentive Plan provides for the grant of incentive stock options, non-qualified stock options, restricted stock, restricted stock units, performance units and performance shares. The Compensation Committee of the Board of Directors administers the Long Term Incentive Plan.
Shares Available for Grant at December 31, 2024 |  |  |  | 392,331 |
The following table summarizes information about stock option activity for the year ended December 31, 2024.
| Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life (in years) |  | Aggregate Intrinsic Value
Outstanding at January 1, 2024 | 305,308 |  |  | $ | 28.96 |  |  |  |  |
Granted | — |  |  | $ | — |  |  |  |  |
Exercised | (18,792) |  |  | $ | 22.91 |  |  |  |  |
Forfeited | (40,063) |  |  | $ | 28.47 |  |  |  |  |
Outstanding at December 31, 2024 | 246,453 |  |  | $ | 29.50 |  |  | 5.10 |  | $ | 256 |
Vested at Period-End | 189,700 |  |  | $ | 28.89 |  |  | 4.39 |  | $ | 242 |
Expected to Vest | 56,753 |  |  | $ | 31.54 |  |  | 7.47 |  | $ | 14 |
The following table summarizes information about restricted stock unit activity for the years ended December 31, 2024, 2023 and 2022.
| Restricted Stock Units |  | Weighted Average Grant Date Fair Value
Non-vested at January 1, 2024 | — |  |  | $ | — |
Granted | — |  |  | — |
Vested | — |  |  | — |
Non-vested at December 31, 2024 | — |  |  | — |
Non-vested at January 1, 2023 | 13,925 |  |  | $ | 30.47 |
Granted | 5,164 |  |  | 31.47 |
Vested | (19,089) |  |  | 30.74 |
Non-vested at December 31, 2023 | — |  |  | — |
Non-vested at January 1, 2022 | 14,007 |  |  | $ | 28.42 |
Granted | 4,441 |  |  | 33.78 |
Vested | (4,523) |  |  | 27.35 |
Non-vested at December 31, 2022 | 13,925 |  |  | 30.47 |
The following table presents information on the amounts expensed related to Restricted Stock Units awarded pursuant to the Long Term Incentive Plan for the years ended December 31, 2024, 2023 and 2022.
|  | 2024 |  | 2023 |  | 2022
Amount Expensed During the Year |  | $ | — |  |  | $ | 321 |  |  | $ | 141 |
Compensation Costs for Non-vested Awards Not Yet Recognized |  | — |  |  | — |  |  | 158 |
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity | The following table summarizes information about restricted stock awards for the year ended December 31, 2024:
| Restricted Stock Awards | Weighted Average Grant Date Fair Value
Outstanding at January 1, 2024 | — |  | $ | — |
Granted | 22,230 |  | $ | 24.54 |
Vested | (412) |  | $ | 24.54 |
Forfeited | — |  | — |
Outstanding at December 31, 2024 | 21,818 |  | $ | 24.54 |
Share-Based Payment Arrangement, Expensed and Capitalized, Amount | The following table presents information on the amounts expensed related to restricted stock awards.
|  | For the Year Ended December 31,
|  | 2024 |  | 2023
Amount expensed |  | $ | 90 |  |  | $ | — |
Other Stock Based Compensation Disclosure Table | The following is the Schedule of Other Information on restricted stock awards.
|  | 2024
Restricted Stock Awards Granted |  | 22,230 |
Weighted Average Grant Date Information: |  |
Fair Value of Awards Granted |  | $ | 24.54 |
Total Grant Date Fair Value of Awards Granted in Period |  | $ | 546 |
Total Fair Value of Awards Vested in Period |  | $ | 10 |
Amount Expensed During the Year |  | $ | 90 |
Compensation Costs for Non-vested Awards Not Yet Recognized |  | $ | 456 |
Weighted Average Expected Vesting Period, In Years |  | 3.41
The following is the Schedule of Other Information on Stock Options Granted.
|  | 2024 |  | 2023 |  | 2022
Stock Options Granted |  | — |  |  | 57,680 |  |  | 60,471 |
Weighted Average Grant Date Information: |  |  |  |  |  |
Fair Value of Options Granted |  | $ | — |  |  | $ | 7.78 |  |  | $ | 7.21 |
Fair Value Assumptions: |  |  |  |  |  |
Dividend Yield |  | — | % |  | 3.30 | % |  | 2.90 | %
Expected Volatility |  | — | % |  | 28.38 | % |  | 27.15 | %
Risk Free Interest Rate |  | — | % |  | 3.57 | % |  | 1.69 | %
Expected Lives (in years) |  | 0 |  | 8.34 |  | 8.56
Amount Expensed During the Year |  | $ | 197 |  |  | $ | 284 |  |  | $ | 312 |
Compensation Costs for Non-vested Awards Not Yet Recognized |  | 201 |  |  | 536 |  |  | 542 |
Weighted Average Expected Vesting Period, In Years |  | 1.77 |  | 2.29 |  | 2.22
Proceeds From Stock Options Exercised |  | $ | 433 |  |  | $ | 96 |  |  | $ | 631 |
Tax Benefits Related to Stock Options Exercised |  | 34 |  |  | 11 |  |  | 34 |
Intrinsic Value of Stock Options Exercised |  | 115 |  |  | 34 |  |  | 338 |
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range | The following is the Schedule of Stock Options Granted Under the Long Term Incentive Plan by Exercise Price Range.
|  | Exercise Price Ranges |  |
|  | $19.99 to $20.41 | $27.04 to $27.47 | $30.26 | $31.34 to $33.78 |  |  | Total
Outstanding at December 31, 2024 |  |  |  |  |  |  |  |
Number of Stock Options Outstanding |  | 15,336 |  | 86,728 |  | 27,687 |  | 116,702 |  |  |  | 246,453 |
Weighted-Average Remaining Contractual Life (in years) |  | 0.65 | 4.62 | 2.07 | 6.85 |  |  | 5.10
Weighted-Average Exercise Price |  | $ | 20.23 |  | $ | 27.26 |  | $ | 30.26 |  | $ | 32.20 |  |  |  | $ | 29.50 |
Vested at December 31, 2024 |  |  |  |  |  |  |  |
Number of Stock Options Outstanding |  | 15,336 |  | 78,252 |  | 27,687 |  | 68,425 |  |  |  | 189,700 |
Weighted-Average Remaining Contractual Life (in years) |  | 0.65 | 4.46 | 2.07 | 6.23 |  |  | 4.39
Weighted-Average Exercise Price |  | $ | 20.23 |  | $ | 27.28 |  | $ | 30.26 |  | $ | 32.11 |  |  |  | $ | 28.89 |
Schedule of Employee Stock Ownership Plan (ESOP) Disclosures | Schedule of ESOP Compensation Expense
|  | 2024 |  | 2023 |  | 2022
ESOP Compensation Expense |  | $ | 1,879 |  |  | $ | 1,540 |  |  | $ | 1,457 |

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