STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2022

STOCK-BASED COMPENSATION

Summary of Stock Option Awards

				Weighted-Average
		Weighted-		Remaining
		Average		Contractual Term In	Aggregate
	Shares	Exercise Price		Years	Intrinsic Value
Outstanding at January 1, 2022	613,626	$	25.24	7.17	$	5,362,902
Granted	—		—	—		—
Less exercised	32,952	$	16.04	—	$	486,754
Forfeited or expired	—		—	—		—
Outstanding at June 30, 2022	580,674	$	25.77	6.71	$	2,619,892
Expected to vest, assuming a 0.31% annual forfeiture rate (1)	579,160	$	25.76	6.70	$	2,615,442
Exercisable at June 30, 2022	233,090	$	21.86	4.99	$	1,669,026

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(1) Forfeiture rate has been calculated and estimated to assume a forfeiture of 3.1% of the options forfeited over 10 years.

Summary of Nonvested Awards

		Weighted-Average
		Grant-Date Fair Value
Nonvested Shares	Shares	Per Share
Nonvested at January 1, 2022	121,672	$	28.02
Granted	—		—
Less vested	1,180		31.91
Forfeited or expired	—		—
Nonvested at June 30, 2022	120,492	$	27.98