v3.25.2
Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
2006 Stock Option Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Status of Stock Option Plan

 

 

2025

 

2024

 

 

Options

 

 

Weighted Average Exercise Price

 

 

Remaining Contractual Life

 

Options

 

 

Weighted Average Exercise Price

 

 

Remaining Contractual Life

Outstanding at beginning of year

 

 

27,822

 

 

$

14.38

 

 

 

 

 

58,857

 

 

$

14.38

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

(29,715

)

 

 

14.38

 

 

 

Outstanding at end of period

 

 

27,822

 

 

$

14.38

 

 

1.3 years

 

 

29,142

 

 

$

14.38

 

 

2.3 years

Options exercisable at end of period

 

 

27,822

 

 

$

14.38

 

 

1.3 years

 

 

29,142

 

 

$

14.38

 

 

2.3 years

 

2012 Equity Incentive Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Status of Stock Option Plan

 

 

2025

 

2024

 

 

Options

 

 

Exercise Price

 

 

Intrinsic Value

 

 

Remaining Contractual Life

 

Options

 

 

Exercise Price

 

 

Intrinsic Value

 

 

Remaining Contractual Life

Outstanding at beginning of year

 

 

13,100

 

 

$

11.76

 

 

$

28,000

 

 

 

 

 

13,101

 

 

$

14.38

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

9,306

 

 

 

10.69

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

(2,407

)

 

 

14.38

 

 

 

 

 

 

Outstanding at end of period

 

 

13,100

 

 

$

11.76

 

 

$

53,000

 

 

6.6 years

 

 

20,000

 

 

$

12.66

 

 

$

17,000

 

 

5.8 years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options exercisable at end of period

 

 

5,655

 

 

$

13.17

 

 

$

15,000

 

 

3.8 years

 

 

10,694

 

 

$

14.38

 

 

$

 

 

2.3 years

Schedule of Unvested Restricted Stock Activity

 

 

For the Six Months
Ended June 30, 2025

 

 

Weighted Average Grant Price (per Share)

 

 

For the Six Months
Ended June 30, 2024

 

 

Weighted Average Grant Price (per Share)

 

Unvested shares outstanding at beginning of year

 

 

57,001

 

 

$

11.10

 

 

 

17,719

 

 

$

13.94

 

Granted

 

 

 

 

 

 

 

 

52,252

 

 

 

10.69

 

Vested

 

 

(32,782

)

 

 

11.37

 

 

 

(10,926

)

 

 

13.64

 

Unvested shares outstanding at end of period

 

 

24,219

 

 

$

10.73

 

 

 

59,045

 

 

$

11.12

 

2025 Equity Incentive Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Unvested Restricted Stock Activity

 

 

At June 30, 2025

 

 

Weighted Average Grant Price (per Share)

 

Unvested shares outstanding at beginning of year

 

 

 

 

$

 

Granted

 

 

27,197

 

 

 

15.77

 

Unvested shares outstanding at end of period

 

 

27,197

 

 

$

15.77

 

2025 Equity Incentive Plan [Member] | Restricted Stock [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Awards Granted

Grant Date

 

Number of Restricted Stock Awards

 

 

Vesting

 

Fair Value per Share of Award on Grant Date

 

 

Awardees

 

 

 

 

 

 

 

 

 

 

 

March 12, 2025

 

 

4,720

 

 

100% on March 12, 2026

 

$

15.77

 

 

Non-employee directors

March 12, 2025

 

 

22,477

 

 

25% per year for four years with first vesting on March 12, 2026

 

$

15.77

 

 

Employees