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Equity Incentive Plan (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Company's Restricted Stock

The following is a summary of the status of the Company’s restricted shares, and changes therein during the twelve months ended December 31, 2017 and 2016:

 

 

 

December 31, 2017

 

 

December 31, 2016

 

 

 

Number of

Restricted

Shares

 

 

Weighted

Average

Grant Date

Fair Value

 

 

Number of

Restricted

Shares

 

 

Weighted

Average

Grant Date

Fair Value

 

Nonvested at beginning of period

 

 

37,050

 

 

$

10.77

 

 

 

16,983

 

 

$

10.82

 

Granted

 

 

17,898

 

 

 

22.15

 

 

 

28,864

 

 

 

10.75

 

Vested

 

 

(12,810

)

 

 

10.76

 

 

 

(5,657

)

 

 

10.82

 

Forfeited

 

 

 

 

 

 

 

 

(3,140

)

 

 

10.87

 

Nonvested at end of period

 

 

42,138

 

 

 

15.60

 

 

 

37,050

 

 

 

10.77

 

NOTE 16 - EQUITY INCENTIVE PLAN (Continued)

 

The following is a summary of the status of the Company’s awarded restricted shares as of December 31, 2017:

 

At December 31, 2017

Date of Award

 

Shares

 

 

Remaining Expense

 

 

Remaining Vesting Period (Years)

January 15, 2016

 

 

10,260

 

 

$

66

 

 

 

3.00

March 11, 2016

 

 

15,748

 

 

 

33

 

 

 

1.00

March 20, 2017

 

 

11,713

 

 

 

110

 

 

 

2.00

March 20, 2017

 

 

6,185

 

 

 

108

 

 

 

4.00

 

 

 

43,906

 

 

$

317

 

 

 

2.79