STOCK INCENTIVE PLAN (Tables)

3 Months Ended

Mar. 31, 2024

STOCK INCENTIVE PLAN

Schedule of transactions related to restricted stock units under 2016 plan

	Restricted Stock Units	Weighted Average Grant Date Fair Value
Nonvested at December 31, 2023	146,832	$	33.98
Granted	108,490		45.07
Vested (1)	(32,000)		29.95
Forfeited	—		—
Nonvested at March 31, 2024	223,322	$	36.33

(1) Vested shares include 7,680 shares vested and withheld for employee taxes.

Schedule of additional data related to restricted share unit activity

(in thousands, except weighted average period in years)		2024
Total compensation cost, net of estimated forfeitures, related to nonvested restricted share unit awards not yet recognized, pre tax	$	7,248
Weighted average period in years over which restricted share and share unit cost is expected to be recognized (in years)		2.1
Total fair value of shares vested during the year	$	958