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STOCK BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of company's stock options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

Number

 

Average

 

Remaining

 

Aggregate

 

 

of

 

Exercise

 

Contractual

 

Intrinsic

(Dollars in thousands, except per share amounts)

     

Options

     

Price

     

Life

     

Value

Outstanding, January 1, 2018

 

 —

 

$

 —

 

 

 

 

 

 

Granted

 

47,393

 

 

36.19

 

 

 

 

 

 

Outstanding, December 31, 2018

 

47,393

 

 

36.19

 

 

9.1

years

$

 —

Vested and Exercisable, December 31, 2018

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Number of

 

Average

Range of Exercise Prices

    

Options

    

Exercise Price

$36.19

 

47,393

 

$

36.19

 

 

47,393

 

 

36.19

The following table summarizes stock option exercise activity:

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

(In thousands)

    

2018

    

2017

    

2016

Intrinsic value of options exercised

 

$

 —

 

$

__

 

$

115

Cash received from options exercised

 

 

__

 

 

__

 

 

62

Tax benefit realized from options exercised

 

 

 

 

 

 

 —

 

Restricted stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of status of unvested restricted stock

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

Average Grant-Date

 

    

Shares

    

Fair Value

Unvested, January 1, 2018

 

317,692

 

$

27.16

Granted

 

83,782

 

 

32.99

Vested

 

(61,367)

 

 

24.15

Forfeited

 

(15,225)

 

 

29.43

Unvested, December 31, 2018

 

324,882

 

 

29.13

 

Restricted stock units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of status of unvested restricted stock

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

Average Grant-Date

 

    

Shares

    

Fair Value

Unvested, January 1, 2018

 

68,776

 

$

24.46

Granted

 

21,693

 

 

33.23

Reinvested dividends

 

2,103

 

 

26.73

Forfeited

 

(13,334)

 

 

21.85

Unvested, December 31, 2018

 

79,238

 

 

27.36