Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2022

Share-based Payment Arrangement [Abstract]

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 March 31,
	2022		2021
Stock and ESPP Options
Pre-tax compensation expense	$	29	$	75
Income tax expense (benefit)	(17)		(72)
Stock and ESPP option expense, net of income taxes	$	12	$	3
Restricted Stock Awards
Pre-tax compensation expense	$	1,071	$	1,115
Income tax expense (benefit)	(226)		(237)
Restricted stock awards expense, net of income taxes	$	845	$	878
Total Share-Based Compensation
Pre-tax compensation expense	$	1,100	$	1,190
Income tax expense (benefit)	(243)		(309)
Total share-based compensation expense, net of income taxes	$	857	$	881

Stock Option Activity Under Stock Option Plans

Stock option activity under the Corporation's stock option plans as of March 31, 2022 and changes during the three months ended March 31, 2022, were as follows:

	Number of Shares	Weighted-Average Exercise Price		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value
Outstanding at January 1, 2022	28,500	$	17.14
Exercised	(3,000)	$	12.46
Outstanding March 31, 2022	25,500	$	17.69	1.37	$	609,645
Vested and Expected to Vest at March 31, 2022	25,500	$	17.69	1.37	$	609,645
Exercisable at March 31, 2022	25,500	$	17.69	1.37	$	609,645

Summary of Unvested RSAs Outstanding

The following table summarizes information on unvested RSAs outstanding as of March 31, 2022:

	Number of Shares	Weighted-Average Grant Date Fair Value
Unvested RSAs at January 1, 2022	411,259	$	35.86
Granted	5,666	$	41.77
Vested	(1,200)	$	38.96
Forfeited	(2,850)	$	36.78
Unvested RSAs at March 31, 2022	412,875	$	35.92