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Common Stock (Tables)
12 Months Ended
Dec. 31, 2021
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)

 

2021

 

 

2020

 

 

2019

 

Compensation expense

 

$

696

 

 

$

414

 

 

$

346

 

Tax benefit

 

 

(146

)

 

 

(87

)

 

 

(73

)

Net income effect

 

$

550

 

 

$

327

 

 

$

273

 

Schedule of Non-Vested Restricted Stock

The following table presents information regarding the non-vested restricted stock for the years ended December 31, 2021 and 2020.

 

 

 

Shares

 

 

Weighted-Average Grant Date Fair Value

 

Non-vested at January 1, 2021

 

 

41,427

 

 

$

22.08

 

Vested

 

 

(23,833

)

 

 

21.68

 

Forfeited

 

 

(2,427

)

 

 

25.32

 

Granted

 

 

32,155

 

 

 

28.46

 

Non-vested at December 31, 2021

 

 

47,322

 

 

 

26.45

 

 

 

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