Under the Company's 2023 Stock Compensation Plan, restricted stock units ("RSUs") and performance stock units ("PSUs") were awarded to certain non-officer directors and management personnel. These awards typically vest over two-, three- or five-year periods from the grant date and are subject to forfeiture until performance and employment conditions are achieved.

Compensation expense is generally measured based on the fair value of the Company's stock on the grant date, and is recognized over the applicable vesting period.

The following table presents the activities of RSUs and PSUs for the six months ended June 30, 2026:


(dollars in thousands, except per share data)	Shares	Weighted Average Grant Date Fair Value Per Share		Fair Value of RSUs and PSUs That Vested During the Period
Non-vested RSUs and PSUs, beginning of period	289,154	$	24.27
Changes during the period:
Granted	117,319	30.36
Forfeited	(35,298)	24.63
Vested	(102,907)	22.89		$	3,537
Non-vested RSUs and PSUs, end of period	268,268	27.42

The following table presents the activities of RSUs and PSUs for the six months ended June 30, 2025:


(dollars in thousands, except per share data)	Shares	Weighted Average Grant Date Fair Value Per Share		Fair Value of RSUs and PSUs That Vested During the Period
Non-vested RSUs and PSUs, beginning of period	284,151	$	22.48
Changes during the period:
Granted	105,751	30.17
Forfeited	(1,763)	35.19
Vested	(101,865)	25.49		$	3,018
Non-vested RSUs and PSUs, end of period	286,274	24.18