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SHARE BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2018
Share Based Compensation [Abstract]  
Fair Values of all Options Granted Estimated Using Binomial Option-Pricing Model with Weighted-average Assumptions
201820172016
Dividend yield2.64%2.45%3.48%
Weighted average expected volatility39.13%40.27%41.54%
Weighted average risk-free interest rate2.61%2.14%1.42%
Weighted average expected lives (in years)5.615.675.71
Weighted average grant-date fair value$11.73$13.42$7.75
Summary of Share Option Activity
Weighted
NumberWeightedAverageAggregate
ofAverageContractualIntrinsic
CommonExerciseRemainingValue
SharesShare PriceLife(Years)(in thousands)
Balance at January 1, 201887,300$26.22$1,160
Granted16,212$38.15
Exercised(20,888)$21.13$383
Forfeited(920)$36.19
Expired(196)$42.48
Balance at December 31, 201881,508$29.743.7$369
Exercisable at December 31, 201851,801$25.482.6$347
Weighted average fair value of options
granted during the year$11.73
Summary of Activity for Company's Restricted Stock
NumberWeighted
ofAverage
CommonGrant-Date
(In dollars, except share data):SharesFair Value
Restricted stock at January 1, 2018189,035$30.92
Granted82,585$38.93
Vested(65,530)$27.84
Forfeited(2,487)$32.63
Restricted stock at December 31, 2018203,603$35.14