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STOCK COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2020
STOCK COMPENSATION PLANS [Abstract]  
Changes in Shares of Class A Common Stock Underlying Options and Restricted Stock Awards
The following summary reflects changes in the shares of Class A Stock under option:

 
 
2020
Shares
   
2020
Weighted
Average
Exercise
Price
   
2019
Shares
   
2019
Weighted
Average
Exercise
Price
   
2018
Shares
   
2018
Weighted
Average
Exercise
Price
 
Plan options
                                   
Outstanding at beginning of year
   
153,250
   
$
20.40
     
168,750
   
$
20.11
     
176,802
   
$
19.91
 
Granted
   
     
     
     
     
     
 
Exercised
   
(36,903
)
   
18.83
     
(15,500
)
   
17.15
     
(8,052
)
   
15.77
 
Expired
   
     
     
     
     
     
 
Outstanding at end of year
   
116,347
   
$
20.90
     
153,250
   
$
20.40
     
168,750
   
$
20.11
 
 
                                               
Options exercisable at year end
   
116,347
   
$
20.90
     
153,250
   
$
20.40
     
168,750
   
$
20.11
 
Employee and Director Stock Options
The following table summarizes information about employee and director stock options outstanding and exercisable at December 31, 2020:

Options Outstanding and Exercisable
 
 
 
 
 
 
Range of Exercise
Price
 
Shares Outstanding at
December 31, 2020
 
Weighted Average
Remaining Life
 
Weighted Average
Exercise Price
 
Aggregate Intrinsic
Value
$
19.01 - 20.46
 
48,847
 
0.92 Years
 
$
19.03
 
$
881,573
$
20.47 - 22.66
 
67,500
 
2.85 Years
 
$
22.26
 
$
1,000,350
Changes in Shares of Class A Stock in Restricted Stock Awards (RSA)
The following summary reflects changes in the shares of Class A Stock Restricted Stock Awards (RSA):

 
2020
Shares
   
2020
Weighted
Average
Grant Date
Fair Value
   
2019
Shares
   
2019
Weighted
Average
Grant Date
Fair Value
   
2018
Shares
   
2018
Weighted
Average
Exercise
Price
 
Plan RSA’s
                                   
Outstanding at beginning of year
   
5,000
   
$
36.11
     
5,000
   
$
38.51
     
5,000
   
$
38.10
 
Granted
   
5,000
     
35.01
     
5,000
     
36.11
     
5,000
     
38.51
 
Vested/Released
   
(5,000
)
   
36.11
     
(5,000
)
   
38.51
     
(5,000
)
   
38.10
 
Cancelled
   
     
     
     
     
     
 
Unvested Outstanding at end of year
   
5,000
   
$
35.01
     
5,000
   
$
36.11
     
5,000
   
$
38.51