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Stock Based Compensation Plan (Tables)
3 Months Ended
Mar. 31, 2022
Stock Based Compensation Plan  
Summary of stock options activity

March 31, 2022

Weighted Average

Aggregate Intrinsic

    

Shares

    

Exercise Price

    

Value

Outstanding at beginning of period

 

534,236

$

10.45

 

  

Granted

 

 

 

  

Exercised

 

(206,472)

 

9.16

 

  

Forfeited or expired

 

(3,091)

 

8.25

 

  

Outstanding at end of period

 

324,673

 

11.30

$

3,442,730

Exercisable at end of period

 

324,673

$

11.30

$

3,442,730

Summary of stock options outstanding and exercisable

    

March 31, 2022

Options Outstanding

Options Exercisable

Weighted Average

Weighted Average

Remaining

Remaining

Number

Contractual Life

Number

Contractual Life

Exercise Prices

    

Outstanding

    

in Years

    

Exercisable

    

in Years

$0.00 - $11.00

 

41,624

 

0.29

 

41,624

 

0.29

$11.01 - $12.00

 

266,987

 

2.65

 

266,987

 

2.65

$12.01 - $16.00

 

1,062

 

2.73

 

1,062

 

2.73

$16.01 - $18.16

 

15,000

 

6.08

 

15,000

 

6.08

Total

 

324,673

 

2.51

 

324,673

 

2.51

Summary of restricted stock awards

The table below provides a summary of the restricted stock awards granted under the 2015 plan for the three months ended March 31, 2022.

March 31, 2022

Weighted Average

    

Shares

    

Grant Date Fair Value

Nonvested at January 1, 2022

 

75,826

$

17.25

Granted

 

 

Vested

 

(13,960)

 

16.78

Forfeited

 

(1,500)

 

16.45

Nonvested at March 31, 2022

 

60,366

17.38