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Stock Based Compensation Plan (Tables)
3 Months Ended
Mar. 31, 2025
Stock Based Compensation Plan  
Summary of stock options activity

March 31, 2025

Weighted Average

Aggregate Intrinsic

    

Shares

    

Exercise Price

    

Value

Outstanding at January 1, 2025

 

58,660

$

11.77

 

  

Granted

 

 

 

  

Exercised

 

(10,927)

 

11.77

 

  

Forfeited or expired

 

(8,598)

 

11.77

 

  

Outstanding at March 31, 2025

 

39,135

 

11.77

$

185,751

Exercisable March 31, 2025

 

39,135

$

11.77

$

185,751

Summary of stock options outstanding and exercisable

    

March 31, 2025

Options Outstanding

Options Exercisable

Weighted Average

Weighted Average

Remaining

Remaining

Number

Contractual Life

Number

Contractual Life

Exercise Prices

    

Outstanding

    

in Years

    

Exercisable

    

in Years

$11.01 - $12.00

 

38,823

 

0.08

 

38,823

 

0.08

$12.01 - $13.00

 

312

 

0.38

 

312

 

0.38

Total

 

39,135

 

0.08

 

39,135

 

0.08

Summary of restricted stock awards

The table below provides a summary of the restricted stock awards granted under the 2015 plan for the three months ended March 31, 2025.

March 31, 2025

Weighted Average

    

Shares

    

Grant Date Fair Value

Nonvested at January 1, 2025

 

54,388

$

21.97

Granted

 

1,250

 

18.60

Vested

 

(2,589)

 

15.93

Forfeited

 

(2,630)

 

22.49

Nonvested at March 31, 2025

 

50,419

22.17