Stock Based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Share-based Payment Arrangement [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

Activity under the Company’s options for the three months ended March 31, 2020 was as follows:

	Number of Stock Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value
Outstanding at December 31, 2019	69,526		$	8.29
Granted	-			-
Exercised	(25,413	)		7.39
Forfeited/cancelled/expired	-			-
Outstanding at March 31, 2020	44,113			8.81	2.2	$	1,027,318
Exercisable at March 31, 2020	44,113		$	8.81	2.2	$	1,027,318

Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

Activity under the Company’s restricted shares for the three months ended March 31, 2020 was as follows:

			Weighted-
			Average
	Nonvested		Grant Date
	Shares		Fair Value
Nonvested at December 31, 2019	76,601		$	21.58
Granted	20,684			24.07
Vested	(47,198	)		21.41
Forfeited/cancelled/expired	-			-
Nonvested March 31, 2020	50,087		$	22.77

Schedule of Unearned Performance Unit Awards [Table Text Block]

A summary of the status of unearned performance unit awards and the change during the period is presented in the table below:

				Weighted
				Average Grant
	Units		Units	Date Fair
	(expected)		(maximum)	Value
Unearned at December 31, 2019	90,097			$	23.85
Awarded	82,579				10.77
Change in estimate	2,490				22.75
Vested shares	(37,337	)			22.75
Unearned at March 31, 2020	137,827		206,744	$	16.29

Schedule of Unearned Restricted Unit Awards [Table Text Block]

A summary of the status of unearned restricted stock units and the changes in restricted stock units during the period is presented in the table below:

			Weighted
			Average Grant
	Units		Date Fair
	(expected)		Value
Unearned at December 31, 2019	73,069		$	23.62
Awarded	123,870			10.77
Vested shares	(27,626	)		24.54
Unearned at March 31, 2020	169,313		$	14.07