STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2016

STOCK-BASED COMPENSATION

Schedule of weighted average assumptions as of grant date used to determine fair value of options granted

	2016	2015	2014
Risk-free interest rate	NA	NA	2.08	%
Expected term (years)	NA	NA	7.00
Expected stock price volatility	NA	NA	28.04	%
Dividend yield	NA	NA	2.49	%

Summary of stock option activity

				Weighted
				Average
		Weighted		Remaining
		Average		Contractual	Aggregate
		Exercise		Term	Intrinsic
Options	Shares	Price		(years)	Value
Outstanding, beginning of year	310,665	$	12.83
Granted	—		—
Exercised	(111,595)		13.94
Forfeited or expired	(5,956)		16.07
Outstanding at end of period	193,114	$	12.09	4.0	$	4,309
Exercisable at end of period	181,710	$	11.83	3.8	$	4,101
Fully vested and expected to vest	192,542	$	12.07	4.0	$	4,299

Schedule of information related to the 2007 stock incentive plan and the 2003 plan

	2016		2015		2014
Intrinsic value of options exercised	$	1,306	$	244	$	55
Cash received from option exercises		1,556		294		66
Tax benefit realized from option exercises		164		31		—
Weighted average (per share) fair value of options granted		NA		NA		3.78

Summary of changes in the nonvested shares

		Weighted Average
	Restricted	Grant Date
	Shares	Fair Value
Nonvested at January 1, 2016	101,631	$	16.57
Granted	50,152		22.48
Vested	(43,244)		14.75
Forfeited	(4,220)		20.00
Nonvested at December 31, 2016	104,319	$	20.03

Schedule of shares awarded by quarter

Quarter		Shares	Price per Share
2014	2Q	21,780	$	16.53
2015	2Q	14,084		19.89
2015	4Q	1,341		19.89
2016	1Q	358		19.89
2016	2Q	17,976		21.89