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STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Allocation of Recognized Compensation Expense
Compensation expense recognized in connection with the stock based compensation plans are presented in the following table for the years ended December 31, 2018, 2017, and 2016:

(in thousands)
 
2018
 
2017
 
2016
Stock options and restricted stock awards
 
$
350

 
$
399

 
$
543

Performance stock units
 
237

 
290

 
304

Restricted stock units
 
711

 
585

 
431

Total compensation expense
 
$
1,298

 
$
1,274

 
$
1,278

Summary of Stock Option Activity
tock Option and Restricted Stock Awards Activity: A summary combined status of the stock option and restricted stock awards as of December 31, 2018 and 2017, and changes during the year then ended is presented below:

Stock Options
 
Number of Stock Options Outstanding
 
Weighted Average Exercise Price
 
Aggregate Intrinsic Value
Outstanding at January 1, 2018
 
169,921

 
$
18.95

 
 
Granted
 

 

 
 
Exercised
 
(47,534
)
 
16.32

 
 
Forfeited
 
(750
)
 
22.16

 
 
Outstanding at December 31, 2018
 
121,637

 
$
19.96

 
$
313

 
 
 
 
 
 
 
Ending vested and expected to vest December 31, 2018
 
121,637

 
$
19.96

 
$
313

Exercisable at December 31, 2018
 
101,554

 
20.66

 
192


Stock Options
 
Number of Stock Options Outstanding
 
Weighted Average Exercise Price
 
Aggregate Intrinsic Value
Outstanding at January 1, 2017
 
236,763

 
$
17.99

 
 
Granted
 

 

 
 
Exercised
 
(55,725
)
 
15.19

 
 
Forfeited
 
(11,117
)
 
17.38

 
 
Outstanding at December 31, 2017
 
169,921

 
$
18.95

 
1,370

 
 
 
 
 
 
 
Ending vested and expected to vest December 31, 2017
 
169,921

 
$
18.95

 
$
1,370

Exercisable at December 31, 2017
 
100,317

 
18.66

 
838

Summary of Restricted Stock Awards Activity
Restricted Stock Awards
 
Number of Restricted Stock Awards Outstanding
 
Weighted Average Grant Date Fair Value
Outstanding at January 1, 2018
 

 

Awarded
 
12,420

 
$
24.14

Vested
 
(12,420
)
 
24.14

Forfeited
 

 

Outstanding at December 31, 2018
 

 
$


Restricted Stock Awards
 
Number of Restricted Stock Awards Outstanding
 
Weighted Average Grant Date Fair Value
Outstanding at January 1, 2017
 

 

Awarded
 
8,004

 
$
29.96

Vested
 
(8,004
)
 
29.96

Forfeited
 

 

Outstanding at December 31, 2017
 

 
$

Performance stock units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Units Activity
The following table summarizes performance units at target as of December 31, 2018 and 2017:

Performance Stock Units
 
Number of Performance Stock Units Outstanding
 
Weighted Average Grant Date Fair Value
Nonvested at January 1, 2018
 
33,627

 
$
25.21

Awarded
 
23,011

 
26.30

Vested and exercised
 
(15,017
)
 
22.25

Forfeited
 
(3,756
)
 
27.94

Nonvested at December 31, 2018
 
37,865

 
$
26.77


Performance Stock Units
 
Number of Performance Stock Units Outstanding
 
Weighted Average Grant Date Fair Value
Nonvested at January 1, 2017
 
34,246

 
$
21.25

Awarded
 
17,711

 
26.74

Vested and exercised
 
(15,121
)
 
18.84

Forfeited
 
(3,209
)
 
21.51

Nonvested at December 31, 2017
 
33,627

 
$
25.21

Restricted stock units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Units Activity
The following table summarizes restricted stock units activity in 2018 and 2017:
Restricted Stock Units
 
Number of Restricted Stock Units Outstanding
 
Weighted Average Grant Date Fair Value
Outstanding at January 1, 2018
 
74,168

 
$
26.60

Granted
 
46,743

 
28.66

Vested and exercised
 
(26,489
)
 
24.36

Forfeited
 
(13,682
)
 
28.28

Outstanding at December 31, 2018
 
80,740

 
$
28.24


Restricted Stock Units
 
Number of Restricted Stock Units Outstanding
 
Weighted Average Grant Date Fair Value
Outstanding at January 1, 2017
 
40,681

 
$
22.03

Granted
 
57,561

 
28.48

Vested and exercised
 
(12,667
)
 
21.49

Forfeited
 
(11,407
)
 
25.43

Outstanding at December 31, 2017
 
74,168

 
$
26.60