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SHARE-BASED COMPENSATION (Tables) | 9 Months Ended
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Sep. 30, 2024
Share-Based Payment Arrangement [Abstract] |
Summary of Components of Share Based Compensation Awards | The following table summarizes the components of the Corporation's share-based compensation awards recorded as an expense and the income tax benefit of such awards.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Stock and ESPP Options |  |  |  |  |  |  |
Pre-tax compensation expense | $ | 28 |  |  | $ | 35 |  |  | $ | 130 |  |  | $ | 80 |
Income tax expense (benefit) | — |  |  | — |  |  | (40) |  |  | (62) |
Stock and ESPP option expense, net of income taxes | $ | 28 |  |  | $ | 35 |  |  | $ | 90 |  |  | $ | 18 |
Restricted Stock Awards |  |  |  |  |  |  |
Pre-tax compensation expense | $ | 1,409 |  |  | $ | 1,325 |  |  | $ | 4,061 |  |  | $ | 3,712 |
Income tax expense (benefit) | (204) |  |  | (393) |  |  | (727) |  |  | (906) |
Restricted stock awards expense, net of income taxes | $ | 1,205 |  |  | $ | 932 |  |  | $ | 3,334 |  |  | $ | 2,806 |
Total Share-Based Compensation |  |  |  |  |  |  |
Pre-tax compensation expense | $ | 1,437 |  |  | $ | 1,360 |  |  | $ | 4,191 |  |  | $ | 3,792 |
Income tax expense (benefit) | (204) |  |  | (393) |  |  | (767) |  |  | (968) |
Total share-based compensation expense, net of income taxes | $ | 1,233 |  |  | $ | 967 |  |  | $ | 3,424 |  |  | $ | 2,824 |
Summary of Stock Option Activity Under Stock Option Plans | Stock option activity under the Corporation's stock option plans as of September 30, 2024 and changes during the nine months ended September 30, 2024, were as follows:
| Number of Shares |  | Weighted-Average Exercise Price |  | Weighted Average Remaining Contractual Term (in Years) |  | Aggregate Intrinsic Value
Outstanding at January 1, 2024 | 90,075 |  |  | $ | 20.21 |  |  |  |  |
Exercised | (49,084) |  |  | $ | 18.34 |  |  |  |  |
Outstanding September 30, 2024 | 40,991 |  |  | $ | 22.44 |  |  | 1.94 |  | $ | 605 |
Vested and Expected to Vest at September 30, 2024 | 40,991 |  |  | $ | 22.44 |  |  | 1.94 |  | $ | 605 |
Exercisable at September 30, 2024 | 40,991 |  |  | $ | 22.44 |  |  | 1.94 |  | $ | 605 |
Summary of Unvested RSAs Outstanding | The following table summarizes information on unvested RSAs outstanding as of September 30, 2024:
| Number of Shares |  | Weighted-Average Grant Date Fair Value
Unvested RSAs at January 1, 2024 | 452,426 |  |  | $ | 37.94 |
Granted | 192,663 |  |  | $ | 35.93 |
Vested | (83,356) |  |  | $ | 42.84 |
Forfeited | (6,225) |  |  | $ | 39.63 |
Unvested RSAs at September 30, 2024 | 555,508 |  |  | $ | 36.49 |

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