Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2021

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,
	2021		2020		2021		2020
Stock and ESPP Options
Pre-tax compensation expense	$	16	$	23	$	131	$	76
Income tax expense (benefit)	—		—		(92)		(29)
Stock and ESPP option expense, net of income taxes	$	16	$	23	$	39	$	47
Restricted Stock Awards
Pre-tax compensation expense	$	1,201	$	1,112	$	3,484	$	3,492
Income tax expense (benefit)	(136)		149		(619)		(344)
Restricted stock awards expense, net of income taxes	$	1,065	$	1,261	$	2,865	$	3,148
Total Share-Based Compensation
Pre-tax compensation expense	$	1,217	$	1,135	$	3,615	$	3,568
Income tax expense (benefit)	(136)		149		(711)		(373)
Total share-based compensation expense, net of income taxes	$	1,081	$	1,284	$	2,904	$	3,195

Schedule of stock option activity under stock option plans

Stock option activity under the Corporation's stock option plans as of September 30, 2021 and changes during the nine months ended September 30, 2021, were as follows:

	Number of Shares	Weighted-Average Exercise Price		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value
Outstanding at January 1, 2021	45,800	$	15.00
Exercised	(17,300)	$	11.46
Outstanding September 30, 2021	28,500	$	17.14	1.75	$	703,905
Vested and Expected to Vest at September 30, 2021	28,500	$	17.14	1.75	$	703,905
Exercisable at September 30, 2021	28,500	$	17.14	1.75	$	703,905

Schedule of unvested RSAs outstanding

The following table summarizes information on unvested RSAs outstanding as of September 30, 2021:

	Number of Shares	Weighted-Average Grant Date Fair Value
Unvested RSAs at January 1, 2021	357,883	$	36.30
Granted	147,406	$	42.37
Vested	(94,260)	$	48.31
Forfeited	(5,050)	$	36.56
Unvested RSAs at September 30, 2021	405,979	$	35.69