Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents share-based compensation expense and the related tax benefits for the periods indicated:


	Three Months Ended March 31,
($ in thousands)	2026		2025
Share-based compensation expense related to:
Stock options	$	66	$	68
Restricted stock awards	164		162
Total share-based compensation expense	$	230	$	230
Related tax benefits	$	61	$	61

The following table presents unrecognized share-based compensation expense as of the date indicated:

March 31, 2026

($ in thousands)

Unrecognized Expense

Weighted-Average Remaining Expected Recognition Period

Unrecognized share-based compensation expense related to:

Stock options

179

1.0 years

Restricted stock awards

1,555

2.6 years

Total unrecognized share-based compensation expense

1,734

2.5 years

The following tables represent stock option activity for the periods indicated:


	Three Months Ended March 31, 2026
($ in thousands except per share data)	Number of Shares	Weighted-Average Exercise Price Per Share		Weighted-Average Contractual Term	Aggregated Intrinsic Value
Outstanding at beginning of period	369,680	$	15.98	5.7 years	$	2,097

Exercised	(10,000)	$	11.21	1.1 years

Outstanding at end of period	359,680	$	16.11	5.5 years	$	2,295
Exercisable at end of period	267,361	$	16.16	4.8 years	$	1,691

The following table represents information regarding unvested stock options for the periods indicated:


	Three Months Ended March 31, 2026
	Number of Shares	Weighted-Average Exercise Price Per Share
Outstanding at beginning of period	98,319	$	16.16

Vested	(6,000)	$	19.46

Outstanding at end of period	92,319	$	15.95

The following table represents restricted stock award activity for the periods indicated:


	Three Months Ended March 31, 2026
	Number of Shares	Weighted-Average Grant Date Fair Value Per Share
Outstanding at beginning of period	90,850	$	20.52

Vested	(5,000)	$	21.96

Outstanding at end of period	85,850	$	20.52