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STOCK COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 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

October, 2020

8,000

9.46

Immediate

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

 

140,000

 

15.12

Forfeited during the period

(3,167)

15.46

Vested during the period

 

(35,825)

 

14.99

Nonvested balance at December 31, 2020

 

170,153

$

14.90