Annual report pursuant to Section 13 and 15(d)

Note 13 - Employee and Director Benefits (Tables)

v3.22.4
Note 13 - Employee and Director Benefits (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
   

Shares

   

Weighted Average Exercise Price

   

Weighted Average Remaining Contractual Term (years)

   

Aggregate Intrinsic Value

 
                           

(In Thousands)

 

Year Ended December 31, 2022:

                               

Outstanding at beginning of year

    353,250     $ 19.28       3.8     $ 23,525  

Exercised

    (70,500 )     17.96       2.2       3,592  

Forfeited

    (2,750 )     37.94       5.4       85  

Outstanding at end of year

    280,000     $ 19.43       3.0     $ 14,088  
                                 

Exercisable at December 31, 2022:

    220,500     $ 14.37       2.0     $ 12,279  
                                 

Year Ended December 31, 2021:

                               

Outstanding at beginning of year

    641,450     $ 18.15       4.6     $ 16,985  

Exercised

    (278,200 )     12.58       2.8       20,131  

Forfeited

    (10,000 )     38.38       5.2       466  

Outstanding at end of year

    353,250     $ 19.28       3.8     $ 23,525  
                                 

Exercisable at December 31, 2021:

    264,000     $ 12.89       2.8     $ 19,353  
                                 

Year Ended December 31, 2020:

                               

Outstanding at beginning of year

    965,750     $ 15.20       4.9     $ 21,914  

Exercised

    (306,300 )     11.38       2.9       8,854  

Forfeited

    (18,000 )     30.79       6.1       171  

Outstanding at end of year

    641,450     $ 18.15       4.6     $ 16,985  
                                 

Exercisable at December 31, 2020:

    182,200     $ 12.86       3.5     $ 4,998  
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

Range of Exercise Price

   

Shares

   

Weighted Average Exercise Price

   

Weighted Average Remaining Contractual Term (years)

   

Aggregate Intrinsic Value

 
                               

(In Thousands)

 
$ 5.00 - 6.00       40,000     $ 5.50       0.2     $ 2,536  
  6.00 - 7.00       41,500       6.92       1.4       2,573  
  15.00 - 16.00       59,000       15.45       2.0       3,154  
  17.00 - 18.00       21,500       17.17       2.3       1,112  
  18.00 - 19.00       6,000       18.49       2.7       556  
  19.00 - 20.00       36,000       19.16       3.1       1,791  
  25.00 - 26.00       4,000       25.41       3.7       174  
  38.00 - 39.00       12,500       38.24       4.1       383  
          220,500     $ 14.37       2.0     $ 12,279  
Share-Based Payment Arrangement, Outstanding Award, Activity, Excluding Option [Table Text Block]
   

Restricted Stock

   

Performance Stock

 
   

Shares

   

Weighted Average Grant Date Fair Value

   

Shares

   

Weighted Average Grant Date Fair Value

 

Year Ended December 31, 2022:

                               

Non-vested at beginning of year

    126,975     $ 42.28       12,437     $ 37.05  

Granted

    53,974       83.24       11,415       72.81  

Vested

    (28,160 )     43.27       -       -  

Forfeited

    (11,209 )     58.82       -       -  

Non-vested at end of year

    141,580     $ 56.39       23,852     $ 54.16  
                                 

Year Ended December 31, 2021:

                               

Non-vested at beginning of year

    84,307     $ 34.93       -     $ -  

Granted

    69,295       48.92       12,437       37.05  

Vested

    (14,274 )     29.33       -       -  

Forfeited

    (12,353 )     39.60       -       -  

Non-vested at end of year

    126,975     $ 42.28       12,437     $ 37.05  
                                 

Year Ended December 31, 2020:

                               

Non-vested at beginning of year

    71,290     $ 32.24       -     $ -  

Granted

    33,695       33.91       -       -  

Vested

    (20,178 )     23.76       -       -  

Forfeited

    (500 )     34.09       -       -  

Non-vested at end of year

    84,307     $ 34.93       -     $ -