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STOCK BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [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, 2019, 2018, and 2017:

(in thousands)
 
2019
 
2018
 
2017
Stock options and restricted stock awards
 
$
328

 
$
350

 
$
399

Performance stock units
 
170

 
237

 
290

Restricted stock units
 
854

 
711

 
585

Total compensation expense
 
$
1,352

 
$
1,298

 
$
1,274

Summary of Stock Option Activity
A summary combined status of the stock option and restricted stock awards as of December 31, 2019 and 2018, and changes during the year then ended is presented below:

Stock Options
 
Number of Stock Options Outstanding
 
Weighted Average Exercise Price
 
Aggregate Intrinsic Value (in thousands)
Outstanding at January 1, 2019
 
121,637

 
$
19.96

 
 
Granted
 

 

 
 
Exercised
 
(13,853
)
 
18.44

 
 
Forfeited
 

 

 
 
Outstanding at December 31, 2019
 
107,784

 
$
20.15

 
$
565

 
 
 
 
 
 
 
Ending vested and expected to vest December 31, 2019
 
107,784

 
$
20.15

 
$
565

Exercisable at December 31, 2019
 
98,460

 
20.48

 
483


Stock Options
 
Number of Stock Options Outstanding
 
Weighted Average Exercise Price
 
Aggregate Intrinsic Value (in thousands)
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

Summary of Restricted Stock Awards Activity
There were no restricted stock awards granted in 2019.
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
 

 
$

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, 2019 and 2018:

Performance Stock Units
 
Number of Performance Stock Units Outstanding
 
Weighted Average Grant Date Fair Value
Nonvested at January 1, 2019
 
37,865

 
$
26.77

Awarded
 
17,968

 
23.24

Vested and exercised
 
(11,801
)
 
23.92

Forfeited
 
(974
)
 
28.78

Nonvested at December 31, 2019
 
43,058

 
$
26.01


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

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 2019 and 2018:

Restricted Stock Units
 
Number of Restricted Stock Units Outstanding
 
Weighted Average Grant Date Fair Value
Outstanding at January 1, 2019
 
80,740

 
$
28.24

Granted
 
50,352

 
22.45

Vested and exercised
 
(19,411
)
 
26.11

Forfeited
 
(5,129
)
 
29.28

Outstanding at December 31, 2019
 
106,552

 
$
25.82


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