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Restricted Stock Plan

3 Months Ended

Mar. 31, 2025

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 March 31, 2025, and changes during the three months ended March 31, 2025, is presented below:

​	​	​	​	​	​
​		Weighted-			​
​	​	Average	​	​	​
​	​	Grant-Date	​	​	​
​	​	Shares	​	Fair Value
Nonvested, beginning of year		287,790	​	$	11.68
Granted		—	​		—
Vested		(10,000)	​		9.00
Forfeited		—	​		—
Nonvested, end of year		277,790	​	$	11.78

​

Total compensation cost recognized in the income statement for share-based payment arrangements during the three months ended March 31, 2025 and 2024 was $89,000 and $543,000, respectively.

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Stock Option and Restricted Stock Plans

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