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Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Stock-based Compensation Stock Options Activity
A summary of the transactions under the 2005 Plan for the year ended December 31, 2021 and 2020 is as follows:
($ in thousands, except share data)Number of
Options
Outstanding
Weighted
Average
Exercise
Price
Aggregate
Intrinsic
Value
Outstanding, as of January 1, 2021100,000 $5.77 $195 
Options granted— — 
Options exercised(48,000)1.33 
Options forfeited— — 
Options expired— — 
Outstanding, as of December 31, 202152,000 $6.37 $333 
Fully vested and expected to vest52,000 $6.37 $333 
Vested52,000 $6.37 $333 
A summary of the transactions under the 2010 Plan for the year ended December 31, 2021 and 2020 is as follows:
($ in thousands, except share data)Number of
Options
Outstanding
Weighted
Average
Exercise
Price
Aggregate
Intrinsic
Value
Outstanding, as of January 1, 2021220,000 $7.75 $52 
Options granted— — 
Options exercised(10,000)2.53 
Options forfeited— — 
Options expired— — 
Outstanding, as of December 31, 2021210,000 $8.00 $1,000 
Fully vested and expected to vest210,000 $8.00 $1,000 
Vested210,000 $8.00 $1,000 
Summary of Information Related to Stock Option Plan
Information related to the 2005 Plan for the periods indicated follows:
Year Ended December 31,
($ in thousands)202120202019
Intrinsic value of options exercised$231 $370 $592 
Cash received from option exercises$64 $63 $179 
Tax benefit realized from option exercised$27 $17 $
Information related to stock options exercised under the 2010 Plan for the periods indicated follows:
Year Ended December 31,
($ in thousands)202120202019
Intrinsic value of options exercised$86 $729 $1,728 
Cash received from option exercises$25 $317 $385 
Tax benefit realized from option exercised$— $157 $453 
Summary of Changes in Non-vested Restricted Stock Awards
A summary of the changes in the Company’s non-vested restricted stock awards under the 2021 Plan for the year ended December 31, 2021 is as follows:
($ in thousands, except share data)
Shares
Issued
Weighted
Average
Grant Date
Fair Value
Aggregate
Intrinsic
Value
Non-vested, as of January 1, 2021— $— $— 
Awards granted176,793 9.90 
Awards vested(152)9.90 
Awards forfeited— — 
Non-vested, as of December 31, 2021176,641 $9.90 $2,254 
Summary of Information Related to Non-vested Restricted Stock Awards
Information related to non-vested restricted stock awards under the 2010 Plan for the periods indicated follows:
Year Ended December 31,
($ in thousands)202120202019
Tax (provision) benefit realized from awards vested$(85)$21 $144