Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2021

Share-based Payment Arrangement, Noncash Expense [Abstract]

Restricted Shares Activity And Related Information

A summary of the Company’s restricted shares activity and related information is presented below:

	Six months ended June 30,
	2021			2020
	Restricted Awards	Average Market Price at Grant		Restricted Awards	Average Market Price at Grant
Outstanding at January 1	158,554	$	67.40	148,083	$	62.62
Granted	38,036	76.65		37,103	67.40
Forfeited	—	—		—	—
Vested	(52,050)	61.23		(26,450)	49.58
Outstanding at June 30	144,540	$	71.75	158,736	$	65.91

Information regarding stock-based compensation associated with restricted shares is provided in the following table (in thousands):

	Three months ended June 30				Six months ended June 30,
	2021		2020		2021		2020
Stock-based compensation expense associated with restricted shares	$	691	$	681	$	1,475	$	1,310
At period-end:					June 30, 2021
Unrecognized stock-based compensation expense associated with restricted shares					$	6,016
Weighted average period (in years) in which the above amount is expected to be recognized					3.2

Pension and Other Postretirement Benefits

The following table presents the components of the Company's net periodic benefit cost, which is included in the line item "other expenses" in the consolidated statements of income, (in thousands):

	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Components of net periodic cost:
Interest cost	$	83	$	112	$	166	$	224
Expected return on plan assets	(205)		(203)		(410)		(406)
Net amortization and deferral	280		272		561		544
Net Periodic Pension Cost	$	158	$	181	$	317	$	362