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STOCK COMPENSATION PLANS (Tables)
3 Months Ended
Mar. 31, 2020
STOCK COMPENSATION PLANS  
Summary of restricted stock units awards granted

 

 

 

 

 

 

 

 

 

 

 

Market Value at

 

 

Date of Award

    

Units Granted

    

grant date

    

Vesting Term

February, 2017

 

28,427

 

13.39

 

4 years

February, 2018

 

18,643

 

16.30

 

4 years

April, 2018

 

8,000

 

16.00

 

Immediate

February, 2019

 

27,790

 

15.70

 

4 years

October, 2019

 

8,000

 

15.40

 

Immediate

February, 2020

 

132,000

 

15.46

 

4 years

 

Summary of changes in nonvested shares

 

 

 

 

 

 

 

 

    

 

    

Weighted Average

 

 

 

Number

 

Grant Date

 

 

 

Outstanding

 

Fair Value

 

Nonvested balance at January 1, 2020

 

69,145

 

$

14.52

 

Granted during the period

 

132,000

 

 

15.46

 

Vested during the period

 

(25,521)

 

 

14.99

 

Nonvested balance at March 31, 2020

 

175,624

 

$

15.16