Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2022

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,
	2022			2021
	Restricted Awards	Average Market Price at Grant		Restricted Awards	Average Market Price at Grant
Outstanding at January 1	146,755	$	72.16	158,554	$	67.40
Granted	33,159	77.54		38,036	76.65
Vested	(41,635)	72.54		(52,050)	61.23
Outstanding at June 30	138,279	$	73.58	144,540	$	71.75

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,
	2022		2021		2022		2021
Stock-based compensation expense associated with restricted shares	$	683	$	691	$	1,345	$	1,475
At period-end:					June 30, 2022
Unrecognized stock-based compensation expense associated with restricted shares					$	5,699
Weighted average period (in years) in which the above amount is expected to be recognized					3.1

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,
	2022		2021		2022		2021
Components of net periodic cost:
Interest cost	$	90	$	83	$	180	$	166
Expected return on plan assets	(221)		(205)		(442)		(410)
Net amortization and deferral	195		280		390		561
Net Periodic Pension Cost	$	64	$	158	$	128	$	317