Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Stock-Based Compensation [Abstract]

Summary of Stock Option Activity

The following table summarizes stock option activity during the year ended December 31, 2023:

	2023
	Number Outstanding		Weighted Average Exercise Price
Outstanding at beginning of year		31,250	$	12.96
Granted during the year		–		–
Exercised during the year		–		–
Forfeited or expired during the year		–		–
Outstanding at end of year		31,250	$	12.96
Exercisable at end of year		31,250	$	12.96

Options Outstanding and Exercisable

Options outstanding and exercisable at year‑end 2023 were as follows:

	Outstanding							Exercisable
Grant Date	Number Outstanding		Weighted Average Remaining Contractual Life	Weighted Average Exercise Price		Aggregate Intrinsic Value		Number Outstanding		Weighted Average Exercise Price		Aggregate Intrinsic Value
February 24, 2016		31,250		$	12.96				31,250	$	12.96
		31,250	2.13 years	$	12.96	$	–		31,250	$	12.96	$	–

Summary of Restricted Stock Unit Activity

A summary of restricted stock unit activity for the year ended December 31, 2023 is as follows:

	Restricted Stock Units (In thousands)			Weighted Average Grant Date Fair Value		Remaining Contractual Life (months)
Unvested at December 31, 2022		52,949			12.24		43
Granted during period		92,720		$	8.56		52
Vested during period		11,848			–		–
Forfeited or expired during period		(19,290	)		–		–
Unvested at December 31, 2023		114,531		$	9.12		39