STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2021

STOCK-BASED COMPENSATION

Activity Related to Stock Options

				Weighted-
				Average	Aggregate
		Weighted-		Remaining	Intrinsic
	Number of	Average Exercise		Contractual	Value
	Options	Price		Years	(In thousands)
Options outstanding at January 1, 2021	28,842	$	15.05
Options outstanding at January 1, 2021 as adjusted for conversion	18,685		23.23
Options acquired	180,020		35.39
Options exercised	(17,102)		23.40
Options forfeited	(29,421)		35.38
Options outstanding at September 30, 2021	152,182	$	35.24	7.4	$	18
Options vested and exercisable at September 30, 2021	152,182	$	35.24	7.4	$	18

Information Related to Stock Option Plan

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands)	2021		2020		2021		2020
Cash received for option exercise cost	$	—	$	—	$	396	$	38
Income tax benefit recognized on stock option exercises		—		—		—		—
Intrinsic value of options exercised		—		—		77		8

Activity Related to Restricted Stock Awards

		Weighted-
		Average
	Number of	Grant-Date
	Shares	Fair Value
Unvested allocated shares outstanding at January 1, 2021	—	$	—
Shares acquired in the Merger	101,778		25.98
Shares granted	390,027		26.48
Shares vested	(9,838)		25.41
Shares forfeited	(33,089)		25.73
Unvested allocated shares at September 30, 2021	448,878	$	26.45

Information Related to Restricted Stock Award Plan

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(Dollars in thousands)	2021		2020		2021		2020
Compensation expense recognized	$	1,454	$	444	$	3,804	$	1,311
Income tax expense recognized on vesting of RSA		—		(38)		(86)		(95)

Activity Related to Performance Based Equity Awards

		Weighted-
		Average
	Number of	Grant-Date
	Shares	Fair Value
Maximum aggregate share payout at January 1, 2021	—	$	—
Shares granted	38,948		31.40
Maximum aggregate share payout at September 30, 2021	38,948	$	31.40
Minimum aggregate share payout	—		—
Expected aggregate share payout	25,963	$	31.40

Information Related to Performance Based Share Award Plan

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands)	2021		2020		2021		2020
Compensation expense recognized	$	81	$	210	$	81	$	362
Income tax expense recognized on vesting of LTIP		—		—		—		—