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Equity Incentive Plan (Tables)
9 Months Ended
Sep. 30, 2021
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, 2021:

 

 

 

Three months ended

 

 

Nine Months Ended

 

 

 

September 30, 2021

 

 

September 30, 2021

 

 

 

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

 

 

72,071

 

 

$

20.13

 

 

 

54,274

 

 

$

20.90

 

Granted

 

 

 

 

 

 

 

 

39,139

 

 

 

19.17

 

Vested

 

 

 

 

 

 

 

 

(20,275

)

 

 

20.35

 

Forfeited

 

 

 

 

 

 

 

 

(1,067

)

 

 

19.56

 

Nonvested at end of period

 

 

72,071

 

 

$

20.13

 

 

 

72,071

 

 

$

20.13

 

The following is a summary of the status of the Company’s outstanding restricted shares as of September 30, 2021:

 

At September 30, 2021

 

Date of Award

 

Shares

 

 

Remaining Expense

 

 

Remaining Vesting

Period (Years)

 

March 20, 2017

 

 

1,198

 

 

$

6

 

 

 

0.25

 

April 10, 2018

 

 

3,114

 

 

 

41

 

 

 

1.25

 

March 14, 2019

 

 

3,401

 

 

 

16

 

 

 

0.25

 

March 14, 2019

 

 

6,560

 

 

 

89

 

 

 

2.25

 

March 14, 2020

 

 

9,139

 

 

 

114

 

 

 

1.25

 

March 14, 2020

 

 

10,390

 

 

 

160

 

 

 

3.25

 

March 3, 2021

 

 

16,277

 

 

 

243

 

 

 

4.25

 

March 3, 2021

 

 

21,992

 

 

 

323

 

 

 

2.25

 

 

 

 

72,071

 

 

$

992

 

 

 

2.55