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ACCOUNTING FOR STOCK BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2017
ACCOUNTING FOR STOCK BASED COMPENSATION [Abstract]  
Summary of Activity Related to Stock Options
The following table presents a summary of activity related to stock options granted under the Stock Plans, and changes during the six-month period then ended:

  
Number of
Options
  
Weighted-Average
Exercise Price
  
Weighted-Average
Remaining
Contractual Years
  
Aggregate
Intrinsic Value
 
Options outstanding at January 1, 2017
  
209,254
  
$
15.48
       
Options granted
  
-
   
-
       
Options exercised
  
(42,179
)
  
14.87
       
Options outstanding at June 30, 2017
  
167,075
  
$
15.64
   
2.1
  
$
662
 
Options vested and exercisable at June 30, 2017
  
167,075
  
$
15.64
   
2.1
  
$
662
 
Information Related to Stock Option Plan
Information related to stock options during each period is as follows:

  
At or for the Three Months
Ended June 30,
  
At or for the Six Months
Ended June 30,
 
  
2017
  
2016
  
2017
  
2016
 
Cash received for option exercise cost
 
$
2
  
$
2,900
  
$
626
  
$
2,900
 
Income tax benefit recognized on stock option exercises(1)
  
-
   
64
   
69
   
64
 
Intrinsic value of options exercised
  
1
   
732
   
276
   
732
 
(1)
Effective January 1, 2017, income tax benefits were recognized as discrete items in income tax expense in accordance to ASU 2016-09. Prior to January, 1, 2017, income tax benefits were recognized through additional paid in capital.
Summary of Activity Related to Restricted Stock Awards
The following table presents a summary of activity related to the RSAs granted, and changes during the three-month period then ended:

  
Number of Shares
  
Weighted-Average
Grant-Date Fair
Value
 
Unvested allocated shares outstanding at January 1, 2017
  
152,409
  
$
16.56
 
Shares granted
  
121,857
   
19.60
 
Shares vested
  
(82,520
)
  
16.34
 
Shares forfeited
  
(16,448
)
  
17.24
 
Unvested allocated shares at June 30, 2017
  
175,298
  
$
18.71
 
Information Related to Restricted Stock Award Plan
Information related to RSAs during each period is as follows:

  
At or for the Three Months
Ended June 30,
  
At or for the Six Months
Ended June 30,
 
  
2017
  
2016
  
2017
  
2016
 
Compensation expense recognized
 
$
370
  
$
390
  
$
666
  
$
828
 
Income tax benefit recognized on vesting of RSA(1)
  
114
   
77
   
116
   
78
 
(1)
Effective January 1, 2017, income tax benefits were recognized as discrete items in income tax expense in accordance to ASU 2016-09. Prior to January, 1, 2017, income tax benefits were recognized through additional paid in capital.
Summary of Activity Related to Performance Based Equity Awards
The following table presents a summary of activity related to performance based equity awards, and changes during the three-month period then ended:

  
Number of
Shares
  
Weighted-Average
Grant-Date Fair Value
 
Maximum aggregate share payout at January 1, 2017
  
24,730
  
$
17.35
 
Shares granted
  
71,976
   
19.75
 
Shares forfeited
  
(10,010
)
  
18.73
 
Maximum aggregate share payout at June 30, 2017
  
86,696
  
$
19.18
 
Minimum aggregate share payout
  
-
   
-
 
Likely aggregate share payout
  
49,974
  
$
19.47