Share-Based Payment Plans |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Share-Based Payment Plans | |
| Share-Based Payment Plans | Note 15: Share-Based Payment Plans Equity-based incentive awards for Company officers are currently issued pursuant to the 2017 Equity Incentive Plan. The Company issued 68,893 and 80,875 shares during the three months ended March 31, 2026 and 2025, respectively. The Compensation Committee of the Board of Directors also approved a plan for non-executive directors to receive a portion of their annual retainer fees in the form of shares of common stock. They are to receive a portion of their annual fees, issued quarterly, in the form of restricted common stock equal to $70,000 per member, rounded up to the nearest whole share. Accordingly, there were 2,639 and 2,863 shares, issued to non-executive directors during the three months ended March 31, 2026 and 2025, respectively. The Company also established an ESOP to provide shares of stock for all employees who meet certain requirements. Expense recognized for the contribution to the ESOP totaled $414,000 and $337,000 for the three months ended March 31, 2026 and 2025, respectively. The Company contributed 43,868 shares and 30,802 shares to the ESOP for the three months ended March 31, 2026 and 2025, respectively. |