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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2019

Compensation And Retirement Disclosure [Abstract]

Summary of Restricted Shares Issued, Vested and Forfeited

The table below summarizes the details of the restricted shares issued, vested, and forfeited for the years ending December 31, 2019, 2018 and 2017.

		Year Ended December 31,
		2019								2018								2017
		Number of Shares				Number of Employees				Number of Shares				Number of Employees				Number of Shares				Number of Employees
Restricted shares issued			38,100				94				33,000				80				32,000				74
Restricted shares vested			26,070				63				28,790				56				24,230				52
Restricted shares awarded due to retirement			14,300				3				-				-				640				1
Restricted shares forfeited			3,220				4				2,620				5				1,080				2

Activity of Restricted Stock Awards

The following table summarizes the activity of restricted stock awards as of December 31:

		Year Ended December 31,
		2019								2018								2017
		Number of Shares				Weighted average fair value per award				Number of Shares				Weighted average fair value per award				Number of Shares				Weighted average fair value per award
Beginning of period			93,940			$	29.87				92,350			$	19.17				86,300			$	14.10
Granted			38,100				25.14				33,000				44.63				32,000				27.79
Vested			(40,370	)			21.76				(28,790	)			13.18				(24,870	)			12.81
Forfeited			(3,220	)			30.12				(2,620	)			44.04				(1,080	)			37.06
Nonvested, end of period			88,450			$	31.52				93,940			$	29.87				92,350			$	19.17

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- Definition

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

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

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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.

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