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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Schedule of Warrants

The Company calculated the value using the Black-Scholes Option-Pricing model with the following weighted average assumptions.

 

Dividend yield 0.93 %
Expected volatility 33.73 %
Expected life 7  Years
Risk-free interest rate 1.84 %
Schedule of Intangible Assets

The table below presents a rollforward of goodwill and intangible assets for the years ended December 31, 2017, 2016, and 2015:

 

       Identifiable 
(In thousands)  Goodwill   Intangible Assets 
Balance as of 1/1/15  $563   $ 
   Acquisitions during the period   1,010    1,741 
   Amortization during the period       82 
Balance as of 12/31/15  $1,573   $1,659 
   Amortization during the period       124 
Balance as of 12/31/16  $1,573   $1,535 
   Acquisitions during the period   15,534    5,466 
   Amortization during the period       321 
Balance as of 12/31/17  $17,107   $6,680 
Schedule of Estimated Amortization Expense

Estimated amortization expense for each of the next five years is shown in the table below.

 

(In thousands)     
 2018   $719 
 2019    719 
 2020    712 
 2021    708 
 2022    593