STOCK BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2019

STOCK BASED COMPENSATION

Schedule of Information on Stock Awards Exercised

(dollars in thousands)	2019		2018		2017
Total intrinsic value	$	0	$	243	$	44
Cash received		0		118		24
Actual tax benefit realized for tax deductions		0		0		0

Schedule of Restricted Stock Awards and Units

A summary of the changes in the Company’s non-vested shares for the year follows:

		Weighted-Average
		Grant-Date
Nonvested Shares	Shares	Fair Value
Nonvested at January 1, 2019	1,000	$	48.14
Granted	19,100		44.59
Vested	(16,600)		44.56
Nonvested at December 31, 2019	3,500	$	45.70

Schedule of Nonvested Performance-based Units

Shares granted below include the number of shares assumed granted based on actual performance criteria of the 2019-2021, 2018-2020 and 2017-2019 Long-Term Incentive Plans at December 31, 2019.

		Weighted-Average
		Grant-Date
Nonvested Shares	Shares	Fair Value
Nonvested at January 1, 2019	368,503	$	39.83
Granted	39,715		41.78
Vested	(126,672)		29.23
Forfeited	(4,461)		45.42
Nonvested at December 31, 2019	277,085	$	44.86