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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2025
STOCK-BASED COMPENSATION [Abstract]  
Restricted Stock Activity Under Omnibus Plan [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The
 
following
 
table
 
summarizes
 
the
 
restricted
 
stock
 
activity
 
under
 
the
 
Omnibus
 
Plan
 
during
 
the
 
nine-month
 
periods
 
ended
September 30, 2025 and 2024:
Nine-Month Period Ended September 30,
2025
2024
Number of
Weighted-
Number of
Weighted-
shares of
Average
shares of
Average
restricted
Grant Date
restricted
Grant Date
stock
 
Fair Value
stock
 
Fair Value
Unvested shares outstanding at beginning of year
1,007,621
$
14.39
889,642
$
12.30
Granted
(1)
461,236
18.46
413,516
17.49
Forfeited
(8,818)
16.27
(7,156)
13.69
Vested
(423,729)
13.13
(276,558)
12.36
Unvested shares outstanding at end of period
1,036,310
$
16.71
1,019,444
$
14.38
(1)
For the
 
nine-month period
 
ended September
 
30, 2025,
 
includes
15,691
 
shares of
 
restricted stock
 
awarded to
 
independent directors
 
and
445,545
 
shares of
 
restricted stock
 
awarded to
employees, of
 
which
103,560
 
shares were
 
granted to
 
retirement-eligible employees
 
and thus
 
charged to
 
earnings as
 
of the
 
grant date.
 
For the
 
nine-month period
 
ended September
 
30,
2024, includes
16,448
 
shares of restricted
 
stock awarded to
 
independent directors and
397,068
 
shares of restricted
 
stock awarded to
 
employees, of which
84,122
 
shares were granted
 
to
retirement-eligible employees and thus charged to earnings
 
as of the grant date.
Summary Of Performance Units Activity [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine-Month Period Ended September 30,
2025
2024
Number
 
Weighted-
Number
 
Weighted-
of
Average
of
Average
Performance
Grant Date
Performance
Grant Date
Units
Fair Value
Units
Fair Value
Performance units at beginning of year
549,032
$
14.37
534,261
$
12.25
Additions
(1)
160,744
18.66
165,487
18.39
Vested
(2)
(166,669)
13.15
(150,716)
11.26
Performance units at end of period
543,107
$
16.01
549,032
$
14.37
(1)
Units granted during the nine-month
 
periods ended September 30,
 
2025 and 2024 are based
 
on the achievement of the
 
Relative TSR and TBVPS performance
 
goals during a three-
year performance cycle beginning January 1, 2025 and January
 
1, 2024, respectively, and ending on
 
December 31, 2027 and December 31, 2026, respectively.
(2)
Units
 
vested
 
during
 
the
 
nine-month
 
periods
 
ended
 
September
 
30,
 
2025
 
and
 
2024
 
are
 
related
 
to
 
performance
 
units
 
granted
 
in
 
2022
 
and
 
2021,
 
respectively,
 
that
 
met
 
the
 
pre-
established targets and were settled with shares
 
of common stock reissued from treasury shares.
Summary Of Valuation Assumptions [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The following table
 
summarizes the valuation
 
assumptions used to
 
calculate the fair
 
value as of
 
the grant date
 
of the Relative
 
TSR
component
 
of the
 
performance units
 
granted under
 
the Omnibus
 
Plan during
 
the nine-month
 
periods ended
 
September 30,
 
2025 and
2024:
Nine-Month Period Ended September 30,
2025
2024
Risk-free interest rate
(1)
3.92
%
4.41
%
Correlation coefficient
74.96
73.80
Expected dividend yield
(2)
-
-
Expected volatility
(3)
31.94
34.65
Expected life (in years)
2.79
2.78
(1)
Based on the yield on zero-coupon U.S. Treasury
 
Separate Trading of Registered Interest and
 
Principal of Securities as of the grant date for a period equal to the
 
simulation term.
(2)
Assumes that dividends are reinvested at each ex-dividend date.
(3)
Calculated based on the historical volatility of the Corporation's
 
stock price with a look-back period equal to the simulation
 
term using daily stock prices.