SHARE-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Nonvested Restricted Shares Activity

The following table presents a summary of nonvested restricted shares activity for 2024:

	Shares	Weighted Average Grant Date Fair Value
Nonvested shares, beginning of year	291,231	$	22.85
Granted	333,687	27.50
Forfeited	(20,221)	26.39
Vested	(340,369)	24.18
Nonvested shares, end of year	264,328	$	26.73

Schedule of Restricted Shares Compensation Expense

The following table presents restricted shares compensation expense, with tax benefit information, and fair value of shares vested at December 31, 2024, 2023 and 2022:

	2024		2023		2022
Restricted share award expense	$	8,616	$	2,349	$	2,012
Restricted share award federal tax benefit	1,809		493		423
Fair value of shares vested	9,658		2,460		2,498

Summary of Stock Options Activity

The following table presents the summary of stock option activity as of December 31, 2024. The Company assumed the stock options from the Merger. The weighted average of remaining contractual term of shares exercisable is 1.9 years.

	Shares	Weighted Average Exercise Price
Outstanding at June 30, 2024	—	$	—
Assumed from Merger	80,227	21.96
Exercised	(28,139)	20.20
Expired	(2,081)	17.64
Outstanding at end of period	50,007	23.13
Fully vested and expected to vest	50,007	23.13
Exercisable, at period end	50,007	$	23.13

The following table presents information about stock options exercised for the year ended December 31, 2024:

	December 31, 2024
Total intrinsic value of options exercised	$	474
Cash received from options exercised	568
Tax benefit realized from stock options exercised	72

Employee Stock Ownership Plan

The following table presents information for the employee stock purchase plan for years ended December 31, 2024, 2023 and 2022:

	2024		2023		2022
Shares purchased	11,419		6,449		5,885
Weighted average price of shares purchased	$	23.66	$	21.14	$	22.53
Compensation expense recognized	$	103	$	7	$	15