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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Stock-Based Compensation [Abstract]  
Summary of Stock Option Activity

2024

2023

Weighted

Weighted

Average

Average

Exercise

Intrinsic

Exercise

Intrinsic

Options

Price

Value

Options

Price

Value

Outstanding, beginning of year

215,725

$

29.81

218,975

$

26.70

Granted

33,000

27.25

41,000

29.66

Exercised

(12,375)

21.72

(38,000)

23.30

Forfeited

(15,750)

31.98

(6,250)

29.16

Outstanding, end of year

220,600

$

29.78

$

112

215,725

$

29.81

$

759

Exercisable, end of year

187,600

$

30.22

$

112

174,725

$

29.85

$

626

Schedule of Fair Value Assumptions

Years Ended December 31,

2024

2023

Dividend yield

4.55%

3.59%

Expected life

10 years

10 years

Expected volatility

36.90%

35.09%

Risk-free interest rate

4.40%

3.88%

Weighted average fair value of options granted

$

7.54

$

8.90

Summary of Restricted Stock Activity

2024

2023

Weighted-Average

Weighted-Average

Number of

Grant Date

Number of

Grant Date

Shares

Fair Value

Shares

Fair Value

Non-vested, beginning of year

45,966

$29.90

44,460

$30.12

Granted

25,177

27.25

19,446

29.66

Vested

(12,309)

30.24

(15,090)

30.20

Forfeited

(4,350)

29.98

(2,850)

30.15

Non-vested at December 31

54,484

$23.07

45,966

$29.90