SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Schedule of stock option plans, changes in options outstanding

For the Company’s stock option plans, changes in options outstanding during the nine months ended September 30, 2019 were as follows:

						Weighted
				Weighted		Average	Aggregate
				Average		Remaining	Intrinsic
	Number of			Exercise		Contractual	Value
	Options			Price		Term	(In thousands)
Balance, January 1, 2019		91,310		$	13.63
Exercised during 2019		(1,660	)		14.26
Expired during 2019		(930	)		20.73
Forfeited during 2019		(20,000	)		13.07
Balance, September 30, 2019		68,720		$	13.68	2.08 years	$	986
Vested and expected to vest		68,720		$	13.68	2.08 years	$	986
Exercisable at September 30, 2019		68,720		$	13.68	2.08 years	$	986

Schedule of changes in nonvested performance-based shares

Changes in non-vested shares dependent on performance criteria for the nine months ended September 30, 2019 were as follows:

			Weighted
			Average
	Number of		Grant Date
	Shares		Fair Value
Balance, January 1, 2019		42,998	$	35.33
Granted during 2019		47,770		26.34
Balance, September 30, 2019		90,768	$	30.60

Schedule of changes in nonvested shares

Changes in service-based restricted stock awards/units for the nine months ended September 30, 2019 were as follows:

				Weighted
				Average
	Number of			Grant Date
	Shares			Fair Value
Balance, January 1, 2019		366,541		$	30.64
Granted during 2019		223,396			26.51
Vested during 2019		(140,178	)		27.44
Forfeited during 2019		(4,146	)		31.53
Balance, September 30, 2019		445,613		$	29.57

Schedule of calculation of basic and diluted earnings per share

The following is a reconciliation of the calculation of basic and diluted earnings per share. Basic net income per share is calculated by dividing net income available to shareholders by the weighted average shares outstanding during the reporting period. Diluted net income per share is computed similarly to that of basic net income per share, except that the denominator is increased to include the number of additional shares that would have been outstanding utilizing the Treasury Stock Method if all shares underlying potentially dilutive stock options were issued and all restricted stock, stock warrants or restricted stock units were to vest during the reporting period.

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(Dollars in thousands, except per share data)	2019		2018		2019		2018
Net income available to common shareholders	$	12,226	$	10,724	$	35,201	$	33,441
Basic weighted-average shares outstanding		19,314,666		19,053,849		19,370,627		18,865,982
Plus: common stock equivalents		170,239		186,249		126,094		201,004
Diluted weighted-average shares outstanding		19,484,905		19,240,098		19,496,721		19,066,986
Net income per share
Basic	$	0.63	$	0.56	$	1.82	$	1.77
Diluted		0.63		0.56		1.81		1.75