EMPLOYEE BENEFITS (Tables)

12 Months Ended

Dec. 31, 2020

Retirement Benefits [Abstract]

Schedule of Share-based Compensation Expense

Share-based payments recorded in Salaries and benefits expense are as follows:

	Year Ended December 31,
	2020		2019		2018
	(In thousands)
Stock option and ESPP expense	$	1,281	$	1,676	$	616
Nonvested share expense	4,116		3,076		6,059
Subtotal	5,397		4,752		6,675
Tax benefit	1,441		1,223		1,784
Stock-based compensation expense, net of tax benefit	$	3,956	$	3,529	$	4,891

Schedule of Stock Option Activity

A summary of option activity for the year ended December 31, 2020 is as follows:

	Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years	Aggregate Intrinsic Value (In thousands)
Outstanding at December 31, 2019	1,001,147	$	11.65
Granted	532,869	$	6.16
Exercised	16,969	$	6.55
Forfeited	6,494	$	11.08
Expired	—	$	—
Outstanding at December 31, 2020	1,510,553	$	9.77	8.4 years	$	1,275
Exercisable at December 31, 2020	212,304	$	10.76	6.7 years	$	55

Schedule of Restricted Stock Activity

A summary of the Company’s nonvested shares as of December 31, 2020 and changes during the year ended December 31, 2020, including shares under the 2020 Plan, the 2009 Plan and the Inducement Plan, is as follows:

	Shares	Weighted Average Grant-Date Fair Value
Nonvested at December 31, 2019	1,274,290	$	12.89
Granted	1,732,592	$	7.03
Vested	380,473	$	13.80
Forfeited	101,803	$	9.03
Nonvested at December 31, 2020	2,524,606	$	8.80