STOCK BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2020

STOCK BASED COMPENSATION

Schedule of Information on Stock Awards Exercised

(dollars in thousands)	2020		2019		2018
Total intrinsic value	$	—	$	—	$	243
Cash received		—		—		118
Actual tax benefit realized for tax deductions		—		—		—

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, 2020	3,500	$	45.70
Granted	17,100		46.13
Vested	(15,600)		46.32
Nonvested at December 31, 2020	5,000	$	45.22

Schedule of Nonvested Performance-based Units

		Weighted-Average
		Grant-Date
Nonvested Shares	Shares	Fair Value
Nonvested at January 1, 2020	277,085	$	44.86
Granted, net	7,053		44.73
Vested	(120,204)		44.91
Forfeited	(6,419)		43.98
Nonvested at December 31, 2020	157,515	$	44.85