Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Stock and ESPP Options
Pre-tax compensation expense	$	21	$	40	$	49	$	115
Income tax expense (benefit)	(57)		(20)		(73)		(92)
Stock and ESPP option expense, net of income taxes	$	(36)	$	20	$	(24)	$	23
Restricted Stock Awards
Pre-tax compensation expense	$	1,123	$	1,168	$	2,195	$	2,283
Income tax expense (benefit)	(234)		(246)		(461)		(483)
Restricted stock awards expense, net of income taxes	$	889	$	922	$	1,734	$	1,800
Total Share-Based Compensation
Pre-tax compensation expense	$	1,144	$	1,208	$	2,244	$	2,398
Income tax expense (benefit)	(291)		(266)		(534)		(575)
Total share-based compensation expense, net of income taxes	$	853	$	942	$	1,710	$	1,823

Stock Option Activity Under Stock Option Plans

Stock option activity under the Corporation's stock option plans as of June 30, 2022 and changes during the six months ended June 30, 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
Transferred Options from Level One	148,600	$	18.84
Exercised	(20,095)	$	16.74
Outstanding June 30, 2022	157,005	$	18.80	2.95	$	2,640,826
Vested and Expected to Vest at June 30, 2022	157,005	$	18.80	2.95	$	2,640,826
Exercisable at June 30, 2022	157,005	$	18.80	2.95	$	2,640,826

Summary of Unvested RSAs Outstanding

The following table summarizes information on unvested RSAs outstanding as of June 30, 2022:

	Number of Shares	Weighted-Average Grant Date Fair Value
Unvested RSAs at January 1, 2022	411,259	$	35.86
Granted	35,258	$	33.48
Vested	(7,034)	$	38.06
Forfeited	(7,000)	$	35.56
Unvested RSAs at June 30, 2022	432,483	$	35.63