STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2026

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, 2026
Outstanding at beginning of year:		1,076,673		$	18.92
Granted		28,675			38.92
Exercised		(3,664	)		20.38
Forfeited		-			-
Expired		-			-
Balance at end of period		1,101,684		$	19.43		3.70	$	26,056
Exercisable at end of period		1,032,447		$	18.43		3.38	$	25,453
Vested at end of period		1,032,447		$	18.43		3.38	$	25,453

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,
	2026			2025
Expected volatility		39.61	%		41.21	%
Expected dividend yield		1.80	%		1.80	%
Expected term (years)		6.1			6.1
Risk-free interest rate		3.85	%		4.43	%
Weighted average grant date fair value	$	14.44		$	13.35

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, 2026
Outstanding at beginning of year:		241,035		$	28.60
Granted		78,750			41.30
Released		(59,686	)		30.28
Expired		(701	)		23.67
Forfeited		(1,086	)		28.41
Balance at end of period		258,312		$	32.10
Nonvested at end of period		166,566		$	35.03
Vested unreleased at end of period		91,746		$	26.78

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, 2026	Six Months Ended June 30, 2025
Expected volatility	26.35% to 29.24%	31.31% to 36.08%
Expected dividend yield	1.59% to 1.78%	1.70% to 1.89%
Expected term (years)	0.5	0.5
Risk-free interest rate	3.59% to 4.12%	4.24% to 5.02%