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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2020
Defined Benefit Plan [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity

A summary of the status of stock option plans is presented in the following table:

    

    

Weighted

Average

Exercisable

Number

Price

Outstanding at December 31, 2019

 

136,658

$

10.29

Granted

 

 

Exercised

 

(15,358)

 

11.56

Forfeited

 

(1,435)

 

15.05

Outstanding at June 30, 2020

 

119,865

$

10.08

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

Information pertaining to stock options outstanding at June 30, 2020, is as follows:

Options Outstanding

Options Exercisable

    

    

Weighted-

    

    

    

Average

Weighted-

Weighted-

Remaining

Average

Average

Exercise

Number

Contractual

Exercise

Number

Exercise

Prices

Outstanding

Life

Price

Exercisable

Price

$

6.60

 

25,000

 

1.4 years

$

6.60

 

25,000

$

6.60

6.80

 

13,250

 

0.7 years

 

6.80

 

13,250

 

6.80

9.48

 

21,000

 

2.4 years

 

9.48

 

21,000

 

9.48

9.60

 

27,750

 

2.9 years

 

9.60

 

27,750

 

9.60

11.76

 

2,266

 

2.0 years

 

11.76

 

2,266

 

11.76

15.05

 

30,599

 

4.8 years

 

15.05

 

30,599

 

15.05

Outstanding, end of period

 

119,865

 

2.7 years

$

10.08

119,865

$

10.08

Information pertaining to SARs outstanding at June 30, 2020, is as follows:

SARs Outstanding

SARs Exercisable

Weighted-

Average

Weighted-

 Remaining

Average

Weighted- Average

Exercise

Number

Contractual

Exercise

Number

Exercise

Prices

 

Outstanding

 

Life

Price

Exercisable

Price

$

15.19

    

18,000

    

3.50 years

    

$

15.19

    

    

$

18.12

 

21,000

 

2.50 years

 

18.12

 

 

21.61

 

34,000

 

1.50 years

 

21.61

 

 

21.72

 

12,000

 

0.50 years

 

21.72

 

12,000

 

21.72

Outstanding, end of period

 

85,000

 

2.03 years

$

19.40

 

12,000

$

21.72

Schedule of Share-based Compensation, Restricted Stock Activity

A summary of the activity of the Company’s unvested restricted stock awards for the period ended June 30, 2020 is presented below:

    

    

Weighted

Average

Grant-Date

Number

Fair Value

Balance at December 31, 2019

 

65,400

$

21.04

Granted

 

37,818

 

16.16

Vested

 

(5,500)

 

19.12

Forfeited/expired

 

(1,500)

 

18.12

Balance at June 30, 2020

 

96,218

$

19.28

Share-based Payment Arrangement, Stock Appreciation Right, Activity

A summary of the status of SARs plans is presented in the following table:

Weighted   

Average

    

Number

    

 Exercisable Price

Outstanding at December 31, 2019

67,000

$

20.54

Granted

18,000

15.19

Exercised

 

 

Forfeited

 

 

Outstanding at June 30, 2020

 

85,000

$

19.40