XML 63 R49.htm IDEA: XBRL DOCUMENT v3.25.0.1
Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2024
Retirement Benefits [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, 2024, 2023 and 2022.

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

Number of
Shares

 

 

Number of Employees

 

 

Number of
Shares

 

 

Number of Employees

 

 

Number of
Shares

 

 

Number of Employees

 

Restricted shares issued

 

 

60,169

 

 

 

111

 

 

 

64,225

 

 

 

113

 

 

 

56,496

 

 

 

109

 

Restricted shares vested

 

 

38,825

 

 

 

74

 

 

 

32,427

 

 

 

69

 

 

 

26,900

 

 

 

60

 

Restricted shares awarded due to
  retirement

 

 

8,700

 

 

 

2

 

 

 

2,350

 

 

 

4

 

 

 

3,775

 

 

 

3

 

Restricted shares awarded for other

 

 

-

 

 

 

-

 

 

 

700

 

 

 

1

 

 

 

-

 

 

 

-

 

Restricted shares forfeited

 

 

5,811

 

 

 

7

 

 

 

6,350

 

 

 

8

 

 

 

8,000

 

 

 

9

 

 

 

Activity of Restricted Stock Awards

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

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

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

 

 

151,350

 

 

$

25.00

 

 

 

128,952

 

 

$

25.75

 

 

 

111,131

 

 

$

23.02

 

Granted

 

 

60,169

 

 

 

24.13

 

 

 

64,225

 

 

 

22.24

 

 

 

56,496

 

 

 

30.46

 

Vested

 

 

(47,525

)

 

 

23.42

 

 

 

(35,477

)

 

 

22.54

 

 

 

(30,675

)

 

 

24.77

 

Forfeited

 

 

(5,811

)

 

 

24.89

 

 

 

(6,350

)

 

 

21.72

 

 

 

(8,000

)

 

 

30.15

 

Nonvested, end of period

 

 

158,183

 

 

$

25.17

 

 

 

151,350

 

 

$

25.00

 

 

 

128,952

 

 

$

25.75