Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Change in Restricted Stock Unit

The following table summarizes information about the changes in restricted stock units for the years ended December 31, 2022 and 2021, respectively. There was no restricted stock unit activity for the year ended December 31, 2020.

	For the year ended					For the year ended
	December 31, 2022					December 31, 2021
	Restricted Stock Units Outstanding			Weighted Average Grant Date Fair Value		Restricted Stock Units Outstanding		Weighted Average Grant Date Fair Value
Balance at beginning of period		22,597		$	48.91		—	$	—
Grants		24,833			47.19		22,597		48.91
Vesting		(7,425	)		48.91		—		—
Forfeited/expired		(348	)		48.91		—		—
Balance at end of period		39,657		$	47.83		22,597	$	48.91

Performance Stock Units

Also under the 2021 Plan

Schedule of Change in Performance Stock Units

The following table summarizes information about the changes in PSUs as of and for the years ended December 31, 2022 and 2021, respectively. There was no PSU activity during the years ended December 31, 2020.

	For the year ended					For the year ended
	December 31, 2022					December 31, 2021
	Performance-Based Restricted Stock Units Outstanding			Weighted Average Grant Date Fair Value		Performance-Based Restricted Stock Units Outstanding		Weighted Average Grant Date Fair Value
Balance at beginning of period		22,597		$	48.91		—	$	—
Grants		24,833			47.19		22,597		48.91
Vesting		—			—		—		—
Forfeited/expired		(348	)		48.91		—		—
Balance at end of period		47,082		$	48.00		22,597	$	48.91

Schedule of Analysis of Stock Option Activity

An analysis of stock option activity for the year ended December 31, 2022 is presented in the table and narrative below:

	Shares			Weighted- Average Ex. Price		Weighted- Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value ($000)
Outstanding, beginning of year		1,669,976		$	25.11
Granted		240,583			47.19
Exercised		(355,692	)		18.42
Cancelled		(64,454	)		31.56
Outstanding, end of year		1,490,413			29.99		5.86	$	12,519
Exercisable at end of year		770,401		$	22.12		4.16	$	10,057

Schedule of Information Concerning Outstanding and Vested Stock Options

The following table summarizes information concerning outstanding and vested stock options as of December 31, 2022:

Exercise Price		Number Outstanding		Remaining Contracted Life (Years)		Number Vested
$	15.43		68,785		0.8		68,785
$	16.95		226,781		2.8		226,781
$	21.18		440,060		4.4		324,440
$	29.70		306,125		6.5		107,495
$	34.55		10,950		7.1		1,950
$	48.91		199,979		8.6		40,950
$	47.19		237,733		9.6		—

Summary of Vested and Unvested Restricted Stock Outstanding

The following table summarizes information about vested and unvested restricted stock.

	For the year ended					For the year ended					For the year ended
	December 31, 2022					December 31, 2021					December 31, 2020
	Restricted Stock Outstanding			Weighted Average Grant Date Fair Value		Restricted Stock Outstanding			Weighted Average Grant Date Fair Value		Restricted Stock Outstanding			Weighted Average Grant Date Fair Value
Balance at beginning of period		46,598		$	35.75		95,888		$	29.89		105,309		$	29.93
Grants		15,425			40.89		12,110			49.58		56,480			29.22
Vesting		(37,010	)		37.61		(60,011	)		29.25		(65,662	)		29.39
Forfeited/expired		(200	)		29.70		(1,389	)		32.76		(239	)		29.70
Balance at end of period		24,813		$	36.21		46,598		$	35.75		95,888		$	29.89