Stock Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2019

Stock Compensation Plans

Schedule of stock option activity under the plans

Following is stock option activity under the plans during the nine months ended September 30, 2019:

				Weighted
		Weighted		Average
		Average		Remaining	Aggregate Intrinsic
		Exercise		Contractual	Value
	Options Outstanding	Price		Term (in years)	(in 000’s)
Options outstanding, January 1, 2019	39,400	$	14.00
Forfeited or cancelled	—		—
Exercised	(19,200)		10.15
Granted	—		—
Options outstanding, September 30, 2019	20,200	$	17.66	5.02	$	228
Vested or expected to vest at September 30, 2019	20,200	$	17.66	5.02	$	228
Exercisable at September 30, 2019	14,500	$	17.48	4.70	$	166

Schedule of proceeds, related tax benefits realized from options exercised and intrinsic value of options exercised

Proceeds, related tax benefits realized from options exercised and intrinsic value of options exercised were as follows (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Proceeds of options exercised	$	—	$	—	$	191	$	111
Related tax benefit recognized		—		—		4		28
Intrinsic value of options exercised		—		—		390		1,034

Schedule of restricted stock units and stock grants

There was approximately $801,000 and $961,000 included within other liabilities at September 30, 2019 and December 31, 2018, respectively, related to the STIP.

	Restricted Stock Units			Stock Grants
		Weighted-Average			Weighted-Average
		Grant Date			Grant Date
Unvested Shares	Shares	Fair Value		Shares	Fair Value
Unvested at January 1, 2019	144,586	$	23.94	30,372	$	28.48
Granted	82,930		25.61	78,922		22.25
Vested	(54,771)		20.13	(60,375)		21.17
Forfeited	(12,549)		25.64	—		—
Unvested at September 30, 2019	160,196	$	25.72	48,919	$	27.18