STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2022

STOCK-BASED COMPENSATION [Abstract]

Summary of Stock Option Activity

A summary of activity in the Plan for the period indicated is presented in the table below (dollars in thousands, except per share data):

	Number of Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life in Years		Aggregate Intrinsic Value
Six Months Ended June 30, 2022
Outstanding at beginning of year:		1,602,028		$	15.42			$	13,975
Granted		45,203			29.40				—
Exercised		(7,413	)		18.58				(41	)
Forfeited		(7,449	)		19.30				(36	)
Expired		(3,317	)		18.05				(20	)
Balance, June 30, 2022		1,629,052		$	15.78		5.62	$	13,878
Exercisable at end of period		1,199,739		$	14.09		5.07	$	12,057
Vested at end of period		1,199,739		$	14.09		5.07	$	12,057

Summary of Assumptions Used to Calculate Fair Value of Awards

A summary of assumptions used to calculate the fair values of the awards granted during the periods noted is presented below:

	Six Months Ended June 30,
	2022		2021
Expected volatility	40.20% to 40.29%		41.20% to 41.32%
Expected dividend yield		1.30%		1.00%
Expected term (years)	6.1 to 6.3		6.1 to 6.2
Risk-free interest rate	1.56% to 1.95%		0.52% to 0.83%
Weighted average grant date fair value	$	10.54	$	7.07

Summary of Activity of Restricted Stock Units

A summary of activity in the Plan for the period indicated is presented in the table below:

	Number of Shares			Weighted-Average Grant Date Fair Value
Six Months Ended June 30, 2022
Outstanding at beginning of year:		42,767		$	19.35
Granted		74,891			28.78
Vested		(24,877	)		19.60
Forfeited		(4,054	)		28.18
Balance, June 30, 2022		88,727		$	26.84