STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2023

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, 2023	92,137	$	35.39	6.2		—
Options exercised	—		—
Options forfeited	—		—
Options outstanding at March 31, 2023	92,137	$	35.39	6.0	$	—
Options vested and exercisable at March 31, 2023	92,137	$	35.39	6.0	$	—

Information Related to Stock Option Plan

	Three Months Ended
	March 31,
(In thousands)	2023		2022
Cash received for option exercise cost	$	—	$	—
Income tax (expense) benefit recognized on stock option exercises		—		—
Intrinsic value of options exercised		—		—

Schedule of exercise prices and weighted-average remaining contractual lives of both outstanding and vested options

	Outstanding Options		Vested Options
		Weighted		Weighted
		Average		Average
		Contractual		Contractual
		Years		Years
	Amount	Remaining	Amount	Remaining
Exercise Prices:
$34.87	35,671	6.9	35,671	6.9
$35.35	32,079	5.9	32,079	5.9
$36.19	24,387	4.9	24,387	4.9
Total	92,137	6.0	92,137	6.0

Activity Related to Restricted Stock Awards

		Weighted-
		Average
	Number of	Grant-Date
	Shares	Fair Value
Unvested allocated shares outstanding at January 1, 2023	350,758	$	28.63
Shares granted	195,437		26.40
Shares vested	(92,897)		27.46
Shares forfeited	(1,284)		27.29
Unvested allocated shares outstanding at March 31, 2023	452,014	$	27.91

Information Related to Restricted Stock Award Plan

	Three Months Ended
	March 31,
(Dollars in thousands)	2023		2022
Compensation expense recognized	$	1,058	$	1,024
Income tax (expense) benefit recognized on vesting of RSAs		(13)		329

Activity Related to Performance Based Equity Awards

		Weighted-
		Average
	Number of	Grant-Date
	Shares	Fair Value
Maximum aggregate share payout at January 1, 2023	95,831	$	30.35
Shares granted	92,187		16.97
Maximum aggregate share payout at March 31, 2023	188,018	$	23.79
Minimum aggregate share payout	—		—
Expected aggregate share payout	157,468	$	22.58

Information Related to Performance Based Share Award Plan

	Three Months Ended
	March 31,
(In thousands)	2023		2022
Compensation expense recognized	$	245	$	195
Income tax expense recognized on vesting of PSAs		(15)		—