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Stock Based Compensation Plan (Tables)
9 Months Ended
Sep. 30, 2023
Stock Based Compensation Plan  
Summary of stock options activity

September 30, 2023

Weighted Average

Aggregate Intrinsic

    

Shares

    

Exercise Price

    

Value

Outstanding at January 1, 2023

 

189,934

$

11.76

 

  

Granted

 

 

 

  

Exercised

 

(27,375)

 

11.75

 

  

Forfeited or expired

 

(412)

 

9.44

 

  

Outstanding at September 30, 2023

 

162,147

 

11.77

$

985,741

Exercisable September 30, 2023

 

162,147

$

11.77

$

985,741

Summary of stock options outstanding and exercisable

    

September 30, 2023

Options Outstanding

Options Exercisable

Weighted Average

Weighted Average

Remaining

Remaining

Number

Contractual Life

Number

Contractual Life

Exercise Prices

    

Outstanding

    

in Years

    

Exercisable

    

in Years

$11.01 - $12.00

 

161,085

 

1.57

 

161,085

 

1.57

$12.01 - $13.00

 

1,062

 

1.23

 

1,062

 

1.23

Total

 

162,147

 

1.57

 

162,147

 

1.57

Summary of restricted stock awards

The table below provides a summary of the restricted stock awards granted under the 2015 plan for the nine months ended September 30, 2023.

September 30, 2023

Weighted Average

    

Shares

    

Grant Date Fair Value

Nonvested at January 1, 2023

 

55,185

$

21.80

Granted

 

180

 

21.78

Vested

 

(9,124)

 

19.15

Forfeited

 

(370)

 

15.50

Nonvested at September 30, 2023

 

45,871

22.37