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EMPLOYEE STOCK COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Share-Based Compensation Expense

The following table presents share-based compensation expense and the related tax benefits for the periods indicated:

		Three Months Ended September 30,								Nine Months Ended September 30,
($ in thousands)		2018				2017				2018				2017
Stock options		$	32			$	36			$	145			$	703
Restricted stock awards and units		1,366				2,185				5,128				9,167
Stock appreciation rights		—				—				—				42
Total share-based compensation expense		$	1,398			$	2,221			$	5,273			$	9,912
Related tax benefits		$	410			$	927			$	1,546			$	4,122

Unrecognized Share-Based Compensation Expense

The following table presents unrecognized share-based compensation expense as of September 30, 2018:

($ in thousands)		Unrecognized Expense				Weighted-Average Remaining Expected Recognition Period
Stock option awards		$	173			1.6 years
Restricted stock awards and restricted stock units		10,853				2.4 years
Total		$	11,026			2.4 years

Option Activity

The following table represents stock option activity for the three months ended September 30, 2018:

		Three Months Ended September 30, 2018
($ in thousands except per share data)		Number of Shares			Weighted-Average Exercise Price Per Share				Weighted-Average Remaining Contract Term		Aggregated Intrinsic Value
Outstanding at beginning of period		186,973			$	13.54			6.3 years		$	1,123
Outstanding at end of period		186,973			$	13.54			6.1 years		$	1,002
Exercisable at end of period		123,125			$	13.67			5.8 years		$	644

The following table represents stock option activity for the nine months ended September 30, 2018:

		Nine Months Ended September 30, 2018
($ in thousands except per share data)		Number of Shares			Weighted-Average Exercise Price Per Share				Weighted-Average Remaining Contract Term		Aggregated Intrinsic Value
Outstanding at beginning of period		210,973			$	13.99			7.0 years		$	1,405
Exercised		(24,000	)		$	17.50			8.2 years		$	—
Outstanding at end of period		186,973			$	13.54			6.1 years		$	1,002
Exercisable at end of period		123,125			$	13.67			5.8 years		$	644

Nonvested Share

The following table sets forth information regarding unvested stock options for the three and nine months ended September 30, 2018.

		Three Months Ended September 30, 2018							Nine Months Ended September 30, 2018
		Number of Shares			Weighted-Average Exercise Price Per Share				Number of Shares			Weighted-Average Exercise Price Per Share
Outstanding at beginning of period		73,324			$	13.32			105,432			$	13.31
Vested		(9,476	)		$	13.46			(41,584	)		$	13.32
Outstanding at end of period		63,848			$	13.30			63,848			$	13.30

Restricted Stock and Restricted Stock Units Activity

The following table presents unvested restricted stock awards and restricted stock units activity for the three and nine months ended September 30, 2018:

		Three Months Ended September 30, 2018							Nine Months Ended September 30, 2018
		Number of Shares			Weighted Average Grant Date Fair Value Per Share				Number of Shares			Weighted Average Grant Date Fair Value Per Share
Outstanding at beginning of period		985,237			$	18.84			911,633			$	18.73
Granted (1)		41,108			$	20.00			619,970			$	18.92
Vested (1)		(68,506	)		$	18.02			(386,723	)		$	18.84
Forfeited (1)		(45,140	)		$	18.23			(232,181	)		$	18.27
Outstanding at end of period		912,699			$	18.99			912,699			$	18.99

(1) The number of granted shares/units includes aggregate performance-based shares of 0 and 306,801 for the three and nine months ended September 30, 2018, respectively. The number of vested shares includes aggregate performance-based shares of 0 and 44,817 for the three and nine months ended September 30, 2018, respectively. The number of forfeited shares includes aggregate performance-based shares of 12,958 and 60,378 for the three and nine months ended September 30, 2018, respectively. The vesting of these awards is subject to certain performance targets and goals being met. These performance targets include conditions relating to the Company’s profitability and regulatory standing. The actual amounts of stock released upon vesting will be determined by the Compensation Committee of the Company's Board of Directors upon the Committee's certification of the satisfaction of the target level of performance.

Summary of all Outstanding SARs

The following table represents SARs activity as of and for the three months ended September 30, 2018:

		Three Months Ended September 30, 2018
($ in thousands except per share data)		Number of Shares			Weighted-Average Exercise Price Per Share				Weighted-Average Remaining Contract Term		Aggregated Intrinsic Value
Outstanding at beginning of period		1,559,012			$	11.60			4.1 years		$	12,390
Outstanding at end of period		1,559,012			$	11.60			3.9 years		$	11,377
Exercisable at end of period		1,559,012			$	11.60			3.9 years		$	11,377

The following table represents SARs activity as of and for the nine months ended September 30, 2018:

		Nine Months Ended September 30, 2018
($ in thousands except per share data)		Number of Shares			Weighted-Average Exercise Price Per Share				Weighted-Average Remaining Contract Term		Aggregated Intrinsic Value
Outstanding at beginning of period		1,559,012			$	11.60			4.6 years		$	14,105
Outstanding at end of period		1,559,012			$	11.60			3.9 years		$	11,377
Exercisable at end of period		1,559,012			$	11.60			3.9 years		$	11,377

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