v3.25.2
Employee Benefit Plans (Tables)
 6 Months Ended
Jun. 30, 2025
Employee Benefit Plans [Abstract]  
Components of Net Periodic Benefit Costs

The following sets forth the components of net periodic benefit costs of the Pension Plan and the line item on the Consolidated Statement of Income where such amounts are included, for the three and six months ended June 30, 2025 and 2024, respectively (in thousands):

 
Three Months Ended
June 30,
    
Six Months Ended
June 30,
    
   
2025
    
2024
    
2025
    
2024
  
Affected line item on the Consolidated
Statement of Income
Service cost
  
$
54
    
$
84
    
$
137
    
$
165
  
Salary and Employee Benefits
Interest cost
    
113
      
106
      
226
      
211
  
Other Expenses
Expected return on plan assets
    
(196
)
    
(195
)
    
(397
)
    
(395
)
Other Expenses
Net amortization and deferral
    
-
      
14
      
-
      
16
  
Other Expenses
Net periodic benefit cost
  
$
(29
)
  
$
9
 
$
(34
)
  
$
(3
)
  
Restricted Stock Activity

The following table details the vesting, awarding and forfeiting of restricted stock during the three and six months ended June 30, 2025:


 
Three months
    
Six months
  
   
Unvested
Shares
    
Weighted
Average
Market Price
    
Unvested
Shares
    
Weighted
Average
Market Price
  
Outstanding, beginning of period
    
10,781
    
$
53.73
      
10,927
    
$
53.81
  
Granted
    
3,106
      
56.82
      
3,106
      
56.82
  
Forfeited
    -       -       (119 )     (59.37 )
Vested
    
(4,344
)
    
(55.51
)
    
(4,371
)
    
(55.55
)
Outstanding, end of period
    
9,543
    
$
53.92
      
9,543
    
$
53.92