Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Stock-Based Compensation

Summary of restricted stock transactions

The following summarizes the restricted stock transactions for the year ended December 31:

		Weighted
		Average
		Grant Date
	Shares	Fair Value
Outstanding at January 1, 2021	63,755	$	32.90
Granted	77,913		23.00
Vested	(41,059)		33.85
Forfeited/canceled/expired	—		-
Outstanding at December 31, 2021	100,609	$	24.85
Granted	66,274		28.70
Vested	(75,763)		25.45
Forfeited/canceled/expired	—		—
Outstanding at December 31, 2022	91,120	$	27.15
Granted	139,663		20.41
Vested	(37,224)		26.74
Forfeited/canceled/expired	—		—
Non-vested and outstanding at December 31, 2022	193,559	$	22.36
Weighted average remaining contractual life (in years)	2.5