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Equity Incentive Plan (Tables)
6 Months Ended
Jun. 30, 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- and six-month periods ended June 30, 2022:

 

 

 

Three months ended

 

 

Six Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2022

 

 

 

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

 

 

76,530

 

 

$

21.87

 

 

 

69,840

 

 

$

20.14

 

Granted

 

 

 

 

 

 

 

 

31,774

 

 

 

24.51

 

Vested

 

 

(2,644

)

 

 

21.57

 

 

 

(27,728

)

 

 

24.28

 

Forfeited

 

 

(2,138

)

 

 

21.99

 

 

 

(2,138

)

 

 

21.99

 

Nonvested at end of period

 

 

71,748

 

 

$

21.88

 

 

 

71,748

 

 

$

21.88

 

 

The following is a summary of the status of the Company’s outstanding restricted shares as of June 30, 2022:

 

At June 30, 2022

 

Date of Award

 

Shares

 

 

Remaining Expense

 

 

Remaining Vesting

Period (Years)

 

April 10, 2018

 

 

1,470

 

 

$

15

 

 

 

0.50

 

March 14, 2019

 

 

4,034

 

 

 

59

 

 

 

1.50

 

March 14, 2020

 

 

4,304

 

 

 

42

 

 

 

0.50

 

March 14, 2020

 

 

6,951

 

 

 

118

 

 

 

2.50

 

March 3, 2021

 

 

11,359

 

 

 

183

 

 

 

3.50

 

March 3, 2021

 

 

13,692

 

 

 

197

 

 

 

1.50

 

March 3, 2022

 

 

12,914

 

 

 

282

 

 

 

4.50

 

March 3, 2022

 

 

17,024

 

 

 

335

 

 

 

2.50

 

 

 

 

71,748

 

 

$

1,231

 

 

 

2.61