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Equity Incentive Plan (Tables)
6 Months Ended
Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Company's Restricted Stock

The following is a summary of the status of the Company’s restricted shares and changes therein for the three- and six-month periods ended June 30, 2017:

 

     Three months ended      Six months ended  
     June 30, 2017      June 30, 2017  
     Number of
Restricted
Shares
     Weighted
Average
Grant Date
Fair Value
     Number of
Restricted
Shares
     Weighted
Average
Grant Date
Fair Value
 

Nonvested at beginning of period

     42,138      $ 15.60        37,050      $ 10.77  

Granted

     —          —          17,898        22.15  

Vested

     —          —          (12,810      10.76  

Forfeited

     —          —          —          —    
  

 

 

       

 

 

    

Nonvested at June 30, 2017

     42,138      $ 15.60        42,138      $ 15.60  
  

 

 

       

 

 

    

 

The following is a summary of the status of the Company’s restricted shares as of June 30, 2017:

 

At June 30, 2017  
Shares   Expense     Years  
16,699   $ 18       0.50  
15,748     50       1.50  
11,713     146       2.50  
10,260     77       3.50  
6,185     125       4.50  

 

 

 

 

   

 

 

 
60,605   $ 416       3.08