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Equity Incentive Plan (Tables)
9 Months Ended
Sep. 30, 2019
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- and nine-month periods ended September 30, 2019:

 

 

 

Three months ended

 

 

Nine Months Ended

 

 

 

September 30, 2019

 

 

September 30, 2019

 

 

 

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

 

 

44,027

 

 

$

20.48

 

 

 

39,970

 

 

$

19.10

 

Granted

 

 

 

 

 

 

 

 

21,106

 

 

 

20.65

 

Vested

 

 

 

 

 

 

 

 

(16,557

)

 

 

17.31

 

Forfeited

 

 

 

 

 

 

 

 

(492

)

 

 

22.41

 

Nonvested at end of period

 

 

44,027

 

 

$

20.48

 

 

 

44,027

 

 

$

20.48

 

The following is a summary of the status of the Company’s outstanding restricted shares as of September 30, 2019:

 

At September 30, 2019

 

Date of Award

 

Shares

 

 

Remaining Expense

 

 

Remaining Vesting Period (Years)

 

January 15, 2016

 

 

4,108

 

 

$

26

 

 

 

1.25

 

March 20, 2017

 

 

3,725

 

 

 

12

 

 

 

0.25

 

March 20, 2017

 

 

3,581

 

 

 

55

 

 

 

2.25

 

April 10, 2018

 

 

5,282

 

 

 

60

 

 

 

1.25

 

April 10, 2018

 

 

6,225

 

 

 

101

 

 

 

3.25

 

March 14, 2019

 

 

10,188

 

 

 

153

 

 

 

2.25

 

March 14, 2019

 

 

10,918

 

 

 

170

 

 

 

4.25

 

 

 

 

44,027

 

 

$

577

 

 

 

2.50