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Equity Incentive Plan (Tables)
3 Months Ended
Mar. 31, 2023
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Company's Outstanding Restricted Stock

The following is a summary of the Company’s outstanding restricted shares and changes therein for the three-month periods ended March 31, 2023:

 

 

 

Three months ended

 

 

 

March 31, 2023

 

 

 

Number of
Restricted
Shares

 

 

Weighted
Average Grant
Date Fair Value

 

Nonvested at beginning of period

 

 

70,475

 

 

$

21.88

 

Granted

 

 

47,536

 

 

 

21.85

 

Vested

 

 

(27,694

)

 

 

21.52

 

Forfeited

 

 

(1,740

)

 

 

21.74

 

Nonvested at end of period

 

 

88,577

 

 

$

21.98

 

 

The following is a summary of the status of the Company’s outstanding restricted shares as of March 31, 2023:

 

At March 31, 2023

 

Date of Award

 

Shares

 

 

Remaining Expense

 

 

Remaining Vesting
Period (Years)

 

March 14, 2019

 

 

1,924

 

 

$

28

 

 

 

0.75

 

March 14, 2020

 

 

4,265

 

 

 

72

 

 

 

1.75

 

March 3, 2021

 

 

7,776

 

 

 

125

 

 

 

2.75

 

March 3, 2021

 

 

6,852

 

 

 

98

 

 

 

0.75

 

March 3, 2022

 

 

9,554

 

 

 

204

 

 

 

3.75

 

March 3, 2022

 

 

11,357

 

 

 

223

 

 

 

1.75

 

March 14, 2023

 

 

17,103

 

 

 

337

 

 

 

4.75

 

March 14, 2023

 

 

29,746

 

 

 

588

 

 

 

2.75

 

 

 

88,577

 

 

$

1,675

 

 

 

2.87