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STOCK COMPENSATION PLANS (Tables) | 6 Months Ended
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Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Unrecognized Share-Based Compensation Expense | The following table presents unrecognized share-based compensation expense as of June 30, 2015:
| Unrecognized Expense |  | Average Expected Recognition Period
| ($ in thousands)
Stock option awards | $ | 897 |  |  | 2.8 years
Restricted stock awards and restricted stock units | 13,457 |  |  | 2.6 years
Total | $ | 14,354 |  |  | 2.6 years
Option Activity | The following table represents stock option activity as of and for the three months ended June 30, 2015:
| Number of Shares |  | Weighted- Average Exercise Price per Share |  | Weighted- Average Remaining Contract Term |  | Aggregated Intrinsic Value (In thousands)
Outstanding at beginning of period | 828,530 |  |  | $ | 12.72 |  |  | 7.4 years |  | $ | 229 |
Granted | — |  |  | $ | — |  |  | 0.0 years |  | $ | — |
Exercised | (40,000 | ) |  | $ | 11.60 |  |  | 5.4 years |  | $ | — |
Forfeited | (8,014 | ) |  | $ | 15.81 |  |  | 6.0 years |  | $ | — |
Outstanding at end of period | 780,516 |  |  | $ | 12.75 |  |  | 7.5 years |  | $ | 935 |
Exercisable at end of period | 581,016 |  |  | $ | 12.14 |  |  | 7.9 years |  | $ | 935 |
The following table represents stock option activity as of and for the six months ended June 30, 2015:
| Number of Shares |  | Weighted- Average Exercise Price per Share |  | Weighted- Average Remaining Contract Term |  | Aggregated Intrinsic Value (In thousands)
Outstanding at beginning of period | 879,070 |  |  | $ | 12.67 |  |  | 7.3 years |  | $ | 32 |
Granted | — |  |  | $ | — |  |  | 0.0 years |  | $ | — |
Exercised | (40,000 | ) |  | $ | 11.60 |  |  | 5.4 years |  | $ | — |
Forfeited | (58,554 | ) |  | $ | 12.31 |  |  | 5.5 years |  | $ | — |
Outstanding at end of period | 780,516 |  |  | $ | 12.75 |  |  | 7.5 years |  | $ | 935 |
Exercisable at end of period | 581,016 |  |  | $ | 12.14 |  |  | 7.9 years |  | $ | 935 |
Nonvested Share | The following table represents changes in unvested stock options and related information as of and for the three and six months ended June 30, 2015:
| Three Months Ended June 30, 2015 |  | Six Months Ended June 30, 2015
| Number of Shares |  | Weighted- Average Exercise Price per Share |  | Number of Shares |  | Weighted- Average Exercise Price per Share
Outstanding at beginning of period | 552,672 |  |  | $ | 12.74 |  |  | 552,672 |  |  | $ | 12.74 |
Granted | — |  |  | $ | — |  |  | — |  |  | $ | — |
Vested | (74,995 | ) |  | $ | 12.47 |  |  | (74,995 | ) |  | $ | 12.47 |
Forfeited | — |  |  | $ | — |  |  | — |  |  | $ | — |
Outstanding at end of period | 477,677 |  |  | $ | 12.78 |  |  | 477,677 |  |  | $ | 12.78 |
Restricted Stock and Restricted Stock Units Activity | The following table represents unvested restricted stock awards and restricted stock units activity as of and for the three and six months ended June 30, 2015:
| Three Months Ended June 30, 2015 |  | Six Months Ended June 30, 2015
| Number of Shares |  | Weighted- Average Price per Share |  | Number of Shares |  | Weighted- Average Price per Share
Outstanding at beginning of period | 1,316,884 |  |  | $ | 12.46 |  |  | 1,287,302 |  |  | $ | 12.53 |
Granted | 586,311 |  |  | $ | 12.31 |  |  | 666,981 |  |  | $ | 12.14 |
Vested | (263,810 | ) |  | $ | 12.63 |  |  | (286,229 | ) |  | $ | 12.52 |
Forfeited | (46,455 | ) |  | $ | 12.30 |  |  | (75,124 | ) |  | $ | 12.27 |
Outstanding at end of period | 1,592,930 |  |  | $ | 12.38 |  |  | 1,592,930 |  |  | $ | 12.38 |
Summary of all Outstanding SARs | The following table represents a summary of all outstanding SARs (Initial SAR and Additional SARs, together the SARs):
| Initial SAR |  | Additional SAR I (1) |  | Additional SAR II (2) |  | Additional SAR III (3) |  | Additional SAR IV (4) |  | Additional SAR V (5) |  | Additional SAR VI (6) |  | Additional SAR VII (7)
Grant Date | 8/21/2012 |  |  | 6/21/2013 |  |  | 7/1/2013 |  |  | 7/2/2013 |  |  | 12/10/2013 |  |  | 5/21/2014 |  |  | 5/21/2014 |  |  | 11/7/2014 |
Number of shares | 500,000 |  |  | 150,933 |  |  | 88,366 |  |  | 15,275 |  |  | 70,877 |  |  | 252,023 |  |  | 279,469 |  |  | 216,334 |
Base price per share | $ | 12.12 |  |  | $ | 13.06 |  |  | $ | 13.60 |  |  | $ | 13.55 |  |  | $ | 12.83 |  |  | $ | 10.09 |  |  | $ | 10.09 |  |  | $ | 11.62 |
Grant date fair value per share | $ | 2.77 |  |  | $ | 2.38 |  |  | $ | 2.17 |  |  | $ | 2.19 |  |  | $ | 2.47 |  |  | $ | 1.65 |  |  | $ | 2.22 |  |  | $ | 1.84 |
(1) | Issued due to the Company’s common stock issuance for an underwritten public offering completed on June 21, 2013.
(2) | Issued due to the Company’s common stock issuance in connection with the PBOC acquisition completed on July 1, 2013.
(3) | Issued due to the Company’s common stock issuance for the exercise of over-allotment option granted to the underwriters of the Company’s public common stock offering initially completed on June 21, 2013.
(4) | Issued due to the Company’s common stock issuance in a private placement completed on December 10, 2013.
(5) | Issued due to the Company’s common stock issuance for an underwritten public offering completed on May 21, 2014.
(6) | The Additional SAR VI originally related to 300,219 shares of common stock with a scheduled vesting of May 21, 2017, as described above. As a result of the settlements of portions of the Purchase Contacts, the Additional SAR VI accelerated in vesting with respect to 148,097 shares and 20,750 shares were forfeited as of June 30, 2015. A portion of Additional SAR VI that has accelerated in vesting has the same terms and conditions as the Initial SAR.
(7) | Issued due to the Company's common stock issuance completed on November 7, 2014.

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