STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2025

STOCK-BASED COMPENSATION [Abstract]

Summary of Stock Option Activity

A summary of activity in the Plan during 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, 2025
Outstanding at beginning of year:		1,175,787		$	17.83			$	21,408
Granted		30,024			34.01				61
Exercised		(32,333	)		18.60				(564	)
Forfeited		—			—				—
Expired		—			—				—
Balance at end of period		1,173,478		$	18.23		4.28	$	20,905
Exercisable at end of period		1,094,490		$	17.33		3.98	$	20,478
Vested at end of period		1,094,490		$	17.33		3.98	$	20,478

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,
	2025			2024
Expected volatility		41.21	%		40.45	%
Expected dividend yield		1.80	%		1.80	%
Expected term (years)		6.1			6.1
Risk-free interest rate		4.43	%		3.94	%
Weighted average grant date fair value	$	13.35		$	11.10

Summary of Activity of Restricted Stock Units

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

	Number of Shares			Weighted-Average Grant Date Fair Value
Six Months Ended June 30, 2025
Outstanding at beginning of year:		187,895		$	26.51
Granted		73,488			34.30
Vested		(18,271	)		29.86
Forfeited		—			—
Balance at end of period		243,112		$	28.61

Summary of Assumptions Used to Calculate the Grant Date Fair Value of the ESPP Rights

A summary of assumptions used to calculate the grant date fair value of the ESPP rights for the period indicated is presented below:

	Six Months Ended June 30, 2025
Expected volatility	31.31% to 36.08%
Expected dividend yield	1.70% to 1.89%
Expected term (years)		0.5
Risk-free interest rate	4.24% to 5.02%