Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of components of share-based compensation awards

The following table summarizes the components of the Corporation's share-based compensation awards recorded as an expense and the income tax benefit of such awards.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Stock and ESPP Options
Pre-tax compensation expense	$	23	$	36	$	76	$	72
Income tax expense (benefit)	—		—		(29)		(57)
Stock and ESPP option expense, net of income taxes	$	23	$	36	$	47	$	15
Restricted Stock Awards
Pre-tax compensation expense	$	1,112	$	1,026	$	3,492	$	2,815
Income tax expense (benefit)	149		(226)		(344)		(951)
Restricted stock awards expense, net of income taxes	$	1,261	$	800	$	3,148	$	1,864
Total Share-Based Compensation
Pre-tax compensation expense	$	1,135	$	1,062	$	3,568	$	2,887
Income tax expense (benefit)	149		(226)		(373)		(1,008)
Total share-based compensation expense, net of income taxes	$	1,284	$	836	$	3,195	$	1,879

Schedule of stock option activity under stock option plans

Stock option activity under the Corporation's stock option plans as of September 30, 2020 and changes during the nine months ended September 30, 2020, were as follows:

	Number of Shares	Weighted-Average Exercise Price		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value
Outstanding at January 1, 2020	59,350	$	13.51
Exercised	(10,050)	$	8.29
Outstanding September 30, 2020	49,300	$	14.57	2.06	$	423,463
Vested and Expected to Vest at September 30,2020	49,300	$	14.57	2.06	$	423,463
Exercisable at September 30, 2020	49,300	$	14.57	2.06	$	423,463

Schedule of unvested RSAs outstanding

The following table summarizes information on unvested RSAs outstanding as of September 30, 2020:

	Number of Shares	Weighted-Average Grant Date Fair Value
Unvested RSAs at January 1, 2020	351,048	$	40.67
Granted	135,292	$	26.89
Vested	(116,520)	$	40.46
Forfeited	(525)	$	40.44
Unvested RSAs at September 30, 2020	369,295	$	36.17