Non-Cash Share-Based Employee Compensation (Tables)

9 Months Ended

Sep. 30, 2023

Non-Cash Share-Based Employee Compensation

Summary of stock option activity

	Stock Options		Wgt. Avg. Exercise Price ($) Per Share		Wgt. Avg. Remaining Contractual Life (Years)		Wgt. Avg. Grant Date Fair Value ($) Per Share		Aggregate Intrinsic Value ($)
As of January 1, 2023
Outstanding		200,300		15.48		7.87		5.64		460,925
Vested		86,846		17.83		6.73		6.57		101,090
Nonvested		113,454		13.68		8.74		4.93		359,835
Period activity
Issued		28,600		11.51		—		6.57		—
Exercised		—		—		—		—		—
Forfeited		2,300		13.58		—		4.97		—
Expired		2,000		11.15		—		7.02		—
As of September 30, 2023
Outstanding		224,600		15.03		7.49		5.75		60,410
Vested		135,913		16.27		6.87		5.89		19,789
Nonvested		88,687		13.13		8.45		5.54		40,621

Summary of non-vested restricted stock

	Number of Shares		Weighted Average Grant Date Price per Share
Unvested as of January 1, 2023		41,129	$	13.20
Granted		45,412		12.37
Vested and issued		25,497		13.18
Vested-to be issued		31,663		11.87
Cancelled/forfeited		-		-
Unvested as of September 30, 2023		29,381	$	13.37