XML 59 R45.htm IDEA: XBRL DOCUMENT v3.24.0.1

Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Restricted Stock Activity

Restricted stock activity for the year ended December 31, 2023, 2022, and 2021 was as follows:

						RSA						Weighted Average Grant Price						PRSU						Weighted Average Grant Price						RSU						Weighted Average Grant Price						Total						Weighted Average Grant Price
Nonvested balance as of January 1, 2021						143,246						$	23.04					39,570						$	28.85					4,988						$	24.08					187,804						$	24.29
Granted (1)						67,515						22.39						23,550						27.12						2,065						21.68						93,130						23.57
Vested						(61,384)						22.26						—						—						(2,001)						22.91						(63,385)						22.28
Forfeited						(7,760)						23.24						—						—						—						—						(7,760)						23.24
Nonvested balance as of December 31, 2021						141,617						23.06						63,120						28.20						5,052						23.56						209,789						24.62
Granted (1)						62,560						34.04						37,335						24.71						3,115						27.95						103,010						30.47
Vested						(62,353)						23.21						(43,020)						18.91						(2,062)						23.20						(107,435)						21.49
Forfeited						(8,507)						26.15						—						—						—						—						(8,507)						26.15
Nonvested balance as of December 31, 2022						133,317						27.95						57,435						32.89						6,105						25.92						196,857						29.32
Granted (1)						—						—						34,840						35.79						54,955						34.43						89,795						34.96
Vested						(56,931)						27.03						(36,120)						31.31						(3,253)						26.06						(96,304)						28.60
Forfeited						(4,435)						30.20						—						—						(820)						36.42						(5,255)						31.17
Nonvested balance as of December 31, 2023						71,951						$	28.53					56,155						$	35.70					56,987						$	33.97					185,093						$	32.38
Unrecognized compensation cost (in thousands)						$	1,229											$	879											$	1,393											$	3,501
Weighted average remaining recognition period (in years)						1.80												1.64												2.79												2.15

(1)The number of restricted shares/units shown includes the shares that would be granted if the target level of performance is achieved related to the PRSU. The number of shares actually issued may vary. During the year ended December 31, 2023, an additional 18,060 were issued related to actual performance results of previously granted awards.

Share-based Payment Arrangement, Expensed and Capitalized, Amount

Share-based compensation expense related to restricted stock and ESPP included in the Consolidated Statements of Income was as follows:

						For the Year Ended December 31,
						2023						2022						2021
						(In Thousands)
Share-based compensation expense						$	2,977					$	2,584					$	2,513

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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
-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

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration