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STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of granted stock options, Black-Scholes option-pricing model assumptions

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

 

 

    

2019

    

2018

    

Dividend yield

 

 

 

2.86

%

 

2.80

%

Expected volatility

 

 

 

23.80

 

 

27.53

 

Risk-free interest rate

 

 

 

2.52

 

 

2.67

 

Expected option life

 

 

 

6.0

years

 

6.5

years

 

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, 2019

 

47,393

 

$

36.19

 

 

 

 

 

 

 

Granted

 

63,267

 

 

35.35

 

 

 

 

 

 

 

Outstanding, December 31, 2019

 

110,660

 

 

35.71

 

 

8.7

years

 

$

 —

Vested and Exercisable, December 31, 2019

 

15,795

 

 

36.19

 

 

8.1

years

 

 

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of

 

Exercise

Range of Exercise Prices

    

Options

    

Price

$35.35

 

63,267

 

$

35.35

36.19

 

47,393

 

 

36.19

 

 

110,660

 

 

 

 

Restricted Stock Awards  
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, 2019

 

324,882

 

$

29.13

Granted

 

78,952

 

 

31.92

Vested

 

(90,586)

 

 

27.20

Forfeited

 

(19,531)

 

 

30.62

Unvested, December 31, 2019

 

293,717

 

 

30.37

 

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, 2019

 

79,238

 

$

27.36

Granted

 

22,305

 

 

33.42

Reinvested dividends

 

2,556

 

 

29.03

Forfeited

 

(16,184)

 

 

23.34

Vested

 

(2,573)

 

 

32.90

Unvested, December 31, 2019

 

85,342

 

 

29.59