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Restricted Stock Plan | 6 Months Ended
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Jun. 30, 2024
Restricted Stock Plan |
Restricted Stock Plan | Note 11: Restricted Stock Plan ​ A summary of the status of the Company’s nonvested restricted shares as of June 30, 2024, and changes during the six months ended June 30, 2024, is presented below: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | Weighted- |  |  | ​
​ | ​ | Average | ​ | ​ | ​
​ | ​ | Grant-Date | ​ | ​ | ​
​ | ​ | Shares | ​ | Fair Value
Nonvested, beginning of year |  | 217,500 | ​ | $ | 11.79
Granted |  | 124,290 | ​ |  | 11.66
Vested |  | (62,500) | ​ |  | 13.35
Forfeited |  | — | ​ |  | —
Nonvested, end of year |  | 279,290 | ​ | $ | 11.62
​ Total compensation cost recognized in the income statement for share-based payment arrangements during the three and six months ended June 30, 2024 and 2023 was $137,000 and $680,000 and $68,000 and $513,000, respectively. As of June 30, 2024 and 2023, there was $1,957,000 and $803,000, respectively, of total unrecognized compensation cost related to nonvested share based compensation arrangements granted under the Plan. That cost is expected to be recognized over a weighted-average period of 6.3 years.

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