v3.26.1
Stock Incentive Plans (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity

Changes in the stock options outstanding related to the Plans are summarized below (dollars in thousands except per share data):

 

 

June 30, 2026

 

 

 

Number of Options

 

 

Weighted
Average
Exercise Price

 

 

Aggregate
Intrinsic Value

 

Outstanding at January 1, 2026

 

 

226,294

 

 

$

33.17

 

 

$

-

 

Issued

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

(37,997

)

 

 

30.10

 

 

 

-

 

Forfeited

 

 

(12,937

)

 

 

34.35

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding at June 30, 2026

 

 

175,360

 

 

$

33.75

 

 

$

1,864

 

 

 

 

 

 

 

 

 

 

Options exercisable at June 30, 2026

 

 

137,020

 

 

$

33.98

 

 

$

1,425

 

Schedule of Options Outstanding and Exercisable, by Exercise Price Range

Summary information pertaining to options outstanding at June 30, 2026 is shown below.

 

 

Options Outstanding

 

 

Options Exercisable

 

Exercise Price

 

Number of
Options
Outstanding

 

 

Weighted-
Average
Remaining
Contractual Life

 

Weighted-
Average
Exercise
Price

 

 

Number of
Options
Exercisable

 

 

Weighted-
Average
Exercise
Price

 

$23.75 to $30.00

 

 

71,040

 

 

5.3 Years

 

$

26.02

 

 

 

57,180

 

 

$

25.58

 

$30.01 to $40.00

 

 

61,800

 

 

5.9 Years

 

 

36.54

 

 

 

37,320

 

 

 

37.03

 

$40.01 to $42.62

 

 

42,520

 

 

1.9 Years

 

 

42.62

 

 

 

42,520

 

 

 

42.62

 

Total

 

 

175,360

 

 

4.7 Years

 

$

33.75

 

 

 

137,020

 

 

$

33.98

 

 

Summary of Changes in the Restricted Stock Grants Outstanding

Changes in the restricted stock grants outstanding during the six months ended June 30, 2026 are summarized below (dollars in thousands except per share data):

 

 

June 30, 2026

 

 

 

Number of
Shares

 

 

Weighted
Average
Grant Date
Fair Value
Per Share

 

 

Aggregate
Intrinsic Value

 

Nonvested as of January 1, 2026

 

 

62,468

 

 

$

33.30

 

 

$

2,772

 

Issued

 

 

20,900

 

 

 

40.85

 

 

 

928

 

Vested

 

 

(24,974

)

 

 

(33.33

)

 

 

(1,108

)

Forfeited

 

 

(220

)

 

 

(35.91

)

 

 

(10

)

Nonvested at June 30, 2026

 

 

58,174

 

 

$

35.99

 

 

$

2,582