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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Schedule of stock option plans, changes in options outstanding
    Weighted        
Weighted     Average     Aggregate  
Average     Remaining     Intrinsic  
Number of Exercise     Contractual     Value  
    Options     Price     Term     (In thousands)  
Balance, January 1, 2015     345,189     $ 17.38                  
Granted during 2015                            
Exercised during 2015     (14,388 )     12.60                  
Expired during 2015     (16,539 )     18.24                  
Forfeited during 2015     (6,378 )     13.99                  
Balance, June 30, 2015     307,884       17.60       4.80 years     $ 1,423  
Vested and expected to vest (1)     293,532       17.82       4.80 years     $ 1,292  
Exercisable at June 30, 2015     254,729       18.42       4.34 years     $ 104  

 

(1) Does not include shares which are not expected to vest as a result of anticipated forfeitures.
Schedule of weighted average assumption
Three Months Six Months  
Ended Ended  
June 30, June 30,  
2014 2014  
                 
Dividend Yield     1.05 %     1.02 %
Expected volatility     40 %     40 %
Expected life     7 years       7 years  
Risk-free interest rate     2.26 %     2.18 %
Schedule of changes in nonvested performance-based shares
Weighted  
Average  
Number of Grant Date  
Shares Fair Value  
Balance, January 1, 2015     92,767     $ 18.12  
Granted during 2015            
Vested during 2015            
Forfeited during 2015            
Balance, June 30, 2015     92,767     $ 18.12  
Schedule of changes in nonvested shares
Weighted  
Average  
Number of Grant Date  
Shares Fair Value  
Balance, January 1, 2015     252,328     $ 17.34  
Granted during 2015     160,764       20.94  
Vested during 2015     (66,827 )     16.35  
Forfeited during 2015     (2,124 )     20.24  
Balance, June 30, 2015     344,141     $ 19.20  
Schedule of calculation of basic and diluted earnings per share
Three Months Ended Six Months Ended  
June 30, June 30,  
(In thousands, except per share data) 2015 2014     2015     2014  
               
Net income to common shareholders   $ 5,238     $ 3,783     $ 10,246     $ 6,814  
                                 
Basic weighted-average common shares outstanding     15,082,516       11,721,256       14,996,596       11,664,410  
Plus: common stock equivalents     150,635       124,819       193,185       150,396  
Diluted weighted-average common shares outstanding     15,233,151       11,846,075       15,189,781       11,814,806  
Net income per common share                                
Basic   $ 0.34     $ 0.32     $ 0.68     $ 0.58  
Diluted     0.34       0.32       0.67       0.58