STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Stock Option Activity

The table below summarizes the Company’s stock option activity for the periods indicated.

Stock Options
	Shares		Weighted Average Price		Weighted Average Remaining Contractual Term (Years)
Outstanding at December 31, 2016	319,364		$	14.36	7.67
Granted	36,177		20.25
Forfeited	(5,334	)	14.00
Exercised	(27,290	)	13.70
Outstanding at December 31, 2017	322,917		15.09		7.19
Granted	31,788		20.25
Forfeited	(1,644	)	14.00
Exercised	(12,415	)	14.07
Outstanding at December 31, 2018	340,646		15.98		6.49
Granted	36,984		24.40
Forfeited	—		—
Exercised	(20,416	)	14.06
Outstanding at December 31, 2019	357,214		16.96		5.93
Exercisable at December 31, 2019	209,610		15.19		5.27

Schedule of Assumptions Used for Option Awards Granted

The table below shows the assumptions used for the stock options granted during the years ended December 31, 2019 and 2018.

	2019			2018
Dividend yield	0.82		%	0.52		%
Expected volatility	27.26		%	24.99		%
Risk-free interest rate	2.63		%	2.68		%
Expected term (in years)	6.5			6.5
Weighted-average grant date fair value	$	7.30		$	7.16

Time Vested Restricted Stock Award Activity

The following table summarizes the RSA and RSU activity for the years ended December 31, 2019 and December 31, 2018.

	December 31,
	2019				2018
	Shares		Weighted Avg Grant Date Fair Value		Shares		Weighted Avg Grant Date Fair Value
Balance, beginning of period	135,848		$	20.47	112,688		$	17.28
Granted	79,439		24.46		60,260		24.01
Forfeited	(5,828	)	23.70		(3,441	)	20.73
Earned and issued	(41,243	)	19.65		(33,659	)	16.75
Balance, end of period	168,216		$	22.43	135,848		$	20.47