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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2017
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, 2017   179,159   $16.27           
Granted during 2017                  
Exercised during 2017   (33,862)   17.93           
Expired during 2017   (7,722)   26.90           
Forfeited during 2017   (581)   14.73           
Balance, September 30, 2017   136,994    15.27    3.30 years   $2,530 
Vested and expected to vest   136,990    15.27    3.30 years   $2,530 
Exercisable at September 30, 2017   136,934    15.27    3.30 years   $2,529 

 

Schedule of changes in nonvested performance-based shares
      Weighted 
       Average 
   Number of   Grant Date 
   Shares   Fair Value 
Balance, January 1, 2017   92,767   $18.12 
Granted during 2017        
Vested during 2017        
Forfeited during 2017        
Balance, September 30, 2017   92,767   $18.12 

 

Schedule of changes in nonvested shares

 

       Weighted 
       Average 
   Number of   Grant Date 
   Shares   Fair Value 
Balance, January 1, 2017   368,130   $19.26 
Granted during 2017   136,708    30.13 
Vested during 2017   (148,619)   18.52 
Forfeited during 2017   (5,938)   25.30 
Balance, September 30, 2017   350,281   $23.71 

 

Schedule of calculation of basic and diluted earnings per share

 

   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
(Dollars in thousands, except per share data)  2017   2016   2017   2016 
                 
Net income to shareholders  $10,206   $7,116   $26,128   $19,169 
                     
Basic weighted-average shares outstanding   17,800,153    16,467,654    17,478,293    16,167,153 
Plus: common stock equivalents   323,115    205,942    275,438    180,102 
Diluted weighted-average shares outstanding   18,123,268    16,673,596    17,753,731    16,347,255 
Net income per share                    
Basic  $0.57   $0.43   $1.49   $1.19 
Diluted   0.56    0.43    1.47    1.17