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Common Stock (Tables)
12 Months Ended
Dec. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Compensation Expense and Related Tax Benefits for Restricted Stock Awards Recognized

The following table presents compensation expense and related tax benefits for restricted stock awards recognized on the consolidated statements of income.

 

(Dollars in thousands)

 

2020

 

 

2019

 

 

2018

 

Compensation expense

 

$

414

 

 

$

346

 

 

$

267

 

Tax benefit

 

 

(87

)

 

 

(73

)

 

 

(56

)

Net income effect

 

$

327

 

 

$

273

 

 

$

211

 

Schedule of Non-Vested Restricted Stock

The following table presents information regarding the non-vested restricted stock for the years ended December 31, 2020 and 2019.

 

 

 

Shares

 

 

Weighted-Average Grant Date Fair Value

 

Non-vested at January 1, 2020

 

 

28,039

 

 

$

27.05

 

Vested

 

 

(14,771

)

 

 

25.89

 

Forfeited

 

 

(100

)

 

 

26.06

 

Granted

 

 

28,259

 

 

 

19.28

 

Non-vested at December 31, 2020

 

 

41,427

 

 

 

22.08

 

 

 

Shares

 

 

Weighted-Average Grant Date Fair Value

 

Non-vested at January 1, 2019

 

 

20,226

 

 

$

28.76

 

Vested

 

 

(10,637

)

 

 

28.21

 

Forfeited

 

 

 

 

 

 

Granted

 

 

18,450

 

 

 

26.06

 

Non-vested at December 31, 2019

 

 

28,039

 

 

 

27.05