Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Stock option activity

A summary of the combined activity of the Company’s stock option compensation plans for the nine months ended September 30, 2020 follows (in thousands, except per share amounts): 

	Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (In thousands)
Options outstanding at January 1, 2020	121,120	$	8.73
Options exercised	(43,300)	$	6.38
Options forfeited	(550)	$	7.40
Options outstanding at September 30, 2020	77,270	$	10.05	1.77	$	182,699
Options vested or expected to vest at September 30, 2020	77,270	$	10.05	1.77	$	182,699
Options exercisable at September 30, 2020	77,270	$	10.05	1.77	$	182,699

Information related to the stock option plan is as follows (in thousands):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
Intrinsic value of options exercised	$	51	$	4	$	432	$	269
Cash received from options exercised	$	50	$	3	$	277	$	163
Excess tax benefit realized for option exercises	$	6	$	—	$	78	$	25

Restricted common stock activity

The following table summarizes restricted stock and performance award activity for the nine months ended September 30, 2020 as follows: 

	Shares	Weighted Average Grant-Date Fair Value
Nonvested outstanding shares at January 1, 2020	45,160	$	17.38
Granted	21,397	$	16.42
Vested	(34,703)	$	18.23
Forfeited	(367)	$	18.42
Nonvested outstanding shares at September 30, 2020	31,487	$	15.78