XML 94 R52.htm IDEA: XBRL DOCUMENT v3.22.0.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2021
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,
(Dollars in thousands)202120202019
Salaries and employee benefits$4,580 $3,822 $4,289 
Directors stock awards91 165 96 
Income tax benefit(1,449)(809)(1,427)
Net share-based compensation effect$3,222 $3,178 $2,958 
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, 2021:
 
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, 2021133,813 $14.31 
Changes during the year:
Granted— — 
Exercised(86,373)14.31 944 
Expired— — 
Forfeited— — 
Stock options outstanding as of December 31, 202147,440 14.32 0.3657 
Vested and exercisable as of December 31, 202147,440 14.32 0.3657 
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, 2018362,725 $26.98 
Changes during the year:
Granted181,431 28.89 
Forfeited(17,689)29.10 
Vested(160,000)24.55 $3,927 
Unvested as of December 31, 2019366,467 28.89 
Changes during the year:
Granted322,180 18.11 
Forfeited(28,058)23.79 
Vested(128,215)29.48 3,780 
Unvested as of December 31, 2020532,374 22.49 
Changes during the year:  
Granted221,774 21.93 
Forfeited(75,850)21.95 
Vested(192,959)23.42 5,077 
Unvested as of December 31, 2021485,339 21.95