XML 64 R53.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Summary of the effects of share-based compensation to options and awards granted under the Company's equity incentive plans The following table summarizes the effects of share-based compensation for options and awards granted under the Company's equity incentive plans for each of the periods presented:
 
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
(Dollars in thousands)
Salaries and employee benefits
$
4,289

 
$
3,787

 
$
3,266

Directors stock awards
96

 
255

 
150

Income tax benefit
(1,427
)
 
(1,227
)
 
(1,903
)
Net share-based compensation effect
$
2,958

 
$
2,815

 
$
1,513


Summary of option activity for stock option plans
The following is a summary of option activity for our stock option plans for the year ended December 31, 2019:
 
 
Number
of Units
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value
(in thousands)
Stock options outstanding as of January 1, 2019
147,644

 
$
15.77

 
 
 
 
Changes during the year:


 


 
 
 
 
Granted

 

 
 
 
 
Exercised
(10,553
)
 
14.31

 
 
 
 
Expired
(3,278
)
 
80.08

 
 
 
 
Forfeited

 

 
 
 
 
Stock options outstanding as of December 31, 2019
133,813

 
14.31

 
2.3
 
$
2,043

 
 
 
 
 
 
 
 
Vested and exercisable as of December 31, 2019
133,813

 
14.31

 
3.3
 
2,043


Schedule of activity of restricted stock awards and units
The table below presents the activity of restricted stock awards and units for each of the periods presented:
 
 
Number
of Units
 
Weighted
Average
Grant Date
Fair Value
 
Fair Value
of Restricted
Stock Awards
and Units That
Vested During
The Year
(in thousands)
Unvested as of December 31, 2016
437,697

 
$
22.01

 
 
 
 
 
 
 
 
Changes during the year:
 
 
 
 
 
Granted
126,204

 
31.35

 
 
Forfeited
(31,570
)
 
24.89

 
 
Vested
(134,780
)
 
19.81

 
$
4,224

Unvested as of December 31, 2017
397,551

 
25.49

 
 
 
 
 
 
 
 
Changes during the year:
 
 
 
 
 
Granted
118,846

 
29.47

 
 
Forfeited
(25,481
)
 
27.39

 
 
Vested
(128,191
)
 
24.59

 
3,763

Unvested as of December 31, 2018
362,725

 
26.98

 
 
 
 
 
 
 
 
Changes during the year:
 

 
 

 
 
Granted
181,431

 
28.89

 
 
Forfeited
(17,689
)
 
29.10

 
 
Vested
(160,000
)
 
24.55

 
3,927

Unvested as of December 31, 2019
366,467

 
28.89