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Equity Incentive Plan (Tables)
3 Months Ended
Mar. 31, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Company's Outstanding Restricted Stock

The following is a summary of the Company’s outstanding restricted shares and changes therein for the three-month period ended March 31, 2022:

 

 

 

Three months ended

 

 

 

March 31, 2022

 

 

 

Number of

Restricted

Shares

 

 

Weighted

Average Grant

Date Fair Value

 

Nonvested at beginning of period

 

 

69,840

 

 

$

20.14

 

Granted

 

 

31,774

 

 

 

24.51

 

Vested

 

 

(25,084

)

 

 

24.62

 

Forfeited

 

 

 

 

 

 

Nonvested at end of period

 

 

76,530

 

 

$

21.87

 

The following is a summary of the status of the Company’s outstanding restricted shares as of March 31, 2022:

 

At March 31, 2022

 

Date of Award

 

Shares

 

 

Remaining Expense

 

 

Remaining Vesting

Period (Years)

 

April 10, 2018

 

 

1,559

 

 

$

23

 

 

 

0.75

 

March 14, 2019

 

 

4,373

 

 

 

69

 

 

 

1.75

 

March 14, 2020

 

 

4,304

 

 

 

64

 

 

 

0.75

 

March 14, 2020

 

 

7,798

 

 

 

135

 

 

 

2.75

 

March 3, 2021

 

 

13,030

 

 

 

212

 

 

 

3.75

 

March 3, 2021

 

 

13,692

 

 

 

230

 

 

 

1.75

 

March 3, 2022

 

 

14,750

 

 

 

325

 

 

 

4.75

 

March 3, 2022

 

 

17,024

 

 

 

374

 

 

 

2.75

 

 

 

 

76,530

 

 

$

1,432

 

 

 

2.92