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Stock Awards (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Stock Option Activity

The following table summarizes the Company’s stock option activity for the periods presented.

 

 

 

Three Months Ended

 

 

 

March 31, 2023

 

 

March 31, 2022

 

 

 

Number of
Shares

 

 

Average
Exercise
Price

 

 

Number of
Shares

 

 

Average
Exercise
Price

 

Options:

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, beginning of period

 

 

419,650

 

 

$

9.79

 

 

 

420,250

 

 

$

9.79

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

600

 

 

 

10.86

 

Options outstanding, end of period

 

 

419,650

 

 

$

9.79

 

 

 

419,650

 

 

$

9.79

 

Options exercisable, end of period

 

 

419,650

 

 

$

9.79

 

 

 

415,916

 

 

$

9.77