STOCK BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2011

STOCK BASED COMPENSATION [Abstract]

Restricted Stock Activity

Restricted Stock Activity:	Years Ended December 31,
	2011		2010		2009
	Shares	Weighted Average Grant Date Fair Value	Shares	Weighted Average Grant Date Fair Value	Shares	Weighted Average Grant Date Fair Value
Nonvested at beginning of year	170,575	$     36.29	124,080	$     36.93	87,685	$     36.95
Granted (1)	79,491	44.99	135,704	36.86	92,555	33.66
Forfeited	(233)	35.85	-	-	(790)	23.67
Vested	(13,904)	41.77	(89,209)	38.05	(55,370)	31.68
Nonvested at end of year	235,929	38.90	170,575	36.29	124,080	36.93

(1)Includes shares granted in prior years for which performance conditions have been satisfied and the number of shares have been determined.

Restricted Stock Non-vested Awards By Expected Vesting Period

Following is a vesting schedule of the total nonvested shares as of December 31, 2011:

Nonvested Shares Vesting Schedule	Number of Shares
2012	50,061
2013	49,224
2014	46,575
2015	15,127
2016	13,645
2017	13,297
2018	12,000
2019	16,200
2020	19,800
Total Nonvested Shares	235,929

Stock Option Activity (Employees)

Following is a summary of the total employee stock options exercised with related weighted average exercise share prices for 2011, 2010 and 2009.

Stock Option Activity:	Years Ended December 31,
	2011		2010		2009
	Shares	Weighted Average Exercise Price	Shares	Weighted Average Exercise Price	Shares	Weighted Average Exercise Price
Outstanding at beginning of year	250	$      25.30	4,750	$      21.80	55,436	$      20.51
Exercised	(250)	25.30	(4,500)	21.61	(50,686)	20.39
Outstanding at end of year	-		250	25.30	4,750	21.80
Exercisable at end of year	-		250	$      25.30	4,750	$      21.80

Stock Option Activity (Directors)

Following is a summary of the total director stock options exercised with related weighted average exercise share prices for 2011, 2010 and 2009.

Stock Option Activity:	Years Ended December 31,
	2011		2010		2009
	Shares	Weighted Average Exercise Price	Shares	Weighted Average Exercise Price	Shares	Weighted Average Exercise Price
Outstanding at beginning of year	18,000	$      24.33	31,500	$      23.65	38,250	$      23.29
Exercised	(9,000)	23.36	(13,500)	22.74	(6,750)	21.64
Outstanding at end of year	9,000	25.31	18,000	24.33	31,500	23.65
Exercisable at end of year	9,000	$      25.31	18,000	$      24.33	31,500	$      23.65

Director outstanding stock options at December 31, 2011, all exercisable:
Exercise Price Range	Number	Weighted Average Remaining Contractual Life	Weighted Average Exercise Price	Intrinsic Value
$24.02 - $26.60	9,000	0.9 years	$25.31	$164,000