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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2021

Accounting Policies [Abstract]

Schedule of Changes in Options Outstanding

For the Company’s stock option plans, changes in options outstanding during the six months ended June 30, 2021 were as follows:

										Weighted
						Weighted				Average		Aggregate
						Average				Remaining		Intrinsic
		Number of				Exercise				Contractual		Value
		Options				Price				Term		(In thousands)
Balance, January 1, 2021			50,660			$	13.59
Exercised during 2021			(2,820	)			12.42
Expired during 2021			—				—
Forfeited during 2021			(2,480	)			13.50
Balance, June 30, 2021			45,360			$	13.67			1.21 years		$	789
Vested and expected to vest			45,360			$	13.67			1.21 years		$	789
Exercisable at June 30, 2021			45,360			$	13.67			1.21 years		$	789

Schedule of Changes in Non-Vested Performance-Based Shares

Changes in non-vested shares dependent on performance criteria for the six months ended June 30, 2021 were as follows:

						Weighted
						Average
		Number of				Grant Date
		Shares				Fair Value
Balance, January 1, 2021			221,600			$	20.47
Granted during 2021			51,710				31.36
Vested during 2021			(36,032	)			35.33
Forfeited during 2021			(11,843	)			26.32
Balance, June 30, 2021			225,435			$	20.29

Schedule of Changes in Service-Based Restricted Stock Awards/Units

Changes in service-based restricted stock awards/units for the six months ended June 30, 2021 were as follows:

						Weighted
						Average
		Number of				Grant Date
		Shares				Fair Value
Balance, January 1, 2021			777,166			$	19.24
Granted during 2021			211,356				31.36
Vested during 2021			(252,316	)			22.01
Forfeited during 2021			(23,314	)			16.55
Balance, June 30, 2021			712,892			$	21.94

Schedule of Calculation of Basic and Diluted Earnings per Share

The following is a reconciliation of the calculation of basic and diluted earnings per share. Basic net income per share is calculated by dividing net income available to shareholders by the weighted average shares outstanding during the reporting period. Diluted net income per share is computed similarly to that of basic net income per share, except that the denominator is increased to include the number of additional shares that would have been outstanding utilizing the Treasury Stock Method if all shares underlying potentially dilutive stock options were issued and all restricted stock, stock warrants or restricted stock units were to vest during the reporting period.

	Three Months Ended								Six Months Ended
	June 30,								June 30,
(Dollars in thousands, except per share data)	2021				2020				2021				2020
Net income available to common shareholders	$	14,418			$	8,242			$	27,596			$	9,615
Basic weighted average shares outstanding		18,963,237				18,872,070				18,956,807				18,865,206
Plus: common stock equivalents		476,202				187,752				516,343				125,850
Diluted weighted average shares outstanding		19,439,439				19,059,822				19,473,150				18,991,056
Net income per share
Basic	$	0.76			$	0.44			$	1.46			$	0.51
Diluted		0.74				0.43				1.42				0.51

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