v3.26.3
Employee Benefit Plans (Tables)
 9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Restricted Shares Activity And Related Information
A summary of the Company’s restricted shares activity and related information is presented below:
Nine months ended September 30,
20262025
Restricted AwardsAverage Market Price at GrantRestricted AwardsAverage Market Price at Grant
Outstanding at January 1133,624 $97.80 134,949 $84.90 
Granted40,923 128.86 40,745 114.75 
Vested/Forfeited(35,685)134.90 (42,120)72.16 
Outstanding at September 30138,862 $108.84 133,574 $97.63 
Information regarding stock-based compensation associated with restricted shares is provided in the following table (in thousands):
Three months ended September 30,Nine months ended September 30,
2026202520262025
Stock-based compensation expense associated with restricted shares, RSUs, and PSUs$1,082 $908 $2,861 $2,466 
At period-end:September 30, 2026
Unrecognized stock-based compensation expense associated with restricted shares$8,723 
Weighted average period (in years) in which the above amount is expected to be recognized3.3
Schedule of Net Benefit Costs
The following table presents the components of the Company's net periodic benefit cost, which is included in the line item "other expenses" in the consolidated statements of income (in thousands):
Three months ended September 30,Nine months ended September 30,
2026202520262025
Components of net periodic cost:
Interest cost$83 $131 $320 $393 
Expected return on plan assets(115)(206)(524)(616)
Net amortization and deferral39 51 127 151 
Net Periodic Pension Cost (Benefit)$7 $(24)$(77)$(72)