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Employee Benefit Plans - Fair Value Assumptions (Details) - $ / shares
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award      
Options granted (in shares) 89,000 151,500 96,000
Weighted Average Exercise Price: Options granted (in usd per share) $ 19.21 $ 19.80 $ 21.31
Stock Options      
Share-based Compensation Arrangement by Share-based Payment Award      
Options granted (in shares) 89,000 151,500 96,000
Weighted Average Exercise Price: Options granted (in usd per share) $ 19.21 $ 19.80 $ 21.31
Weighted average fair value of options (in usd per share) $ 7.72 $ 6.12 $ 6.20
Expected life in years [1] 8 years 4 months 17 days 8 years 6 months 8 years 2 months 23 days
Expected volatility [2] 43.69% 32.69% 27.05%
Risk-free interest rate [3] 1.14% 1.28% 2.21%
Dividend yield [4] 1.68% 1.64% 1.37%
[1] The expected life of the options was estimated based on historical employee behavior and represents the period of time that options granted are expected to be outstanding.
[2] The expected volatility of the Company’s stock price was based on the historical volatility over the period commensurate with the expected life of the options.
[3] The risk-free interest rate is the U.S. Treasury rate commensurate with the expected life of the options on the date of grant.
[4] The expected dividend yield is the projected annual yield based on the grant date stock price.