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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2025

Accounting Policies [Abstract]

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, 2025 were as follows:


						Weighted
						Average
		Number of				Grant Date
		Shares				Fair Value
Balance, January 1, 2025			135,477			$	33.35
Granted during 2025			66,252				29.55
Vested during 2025			(65,515	)			36.80
Forfeited during 2025			(2,278	)			30.96
Balance, June 30, 2025			133,936			$	30.37

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, 2025 were as follows:


						Weighted
						Average
		Number of				Grant Date
		Shares				Fair Value
Balance, January 1, 2025			247,905			$	33.00
Granted during 2025			88,101				29.55
Vested during 2025			(109,609	)			33.51
Forfeited during 2025			(8,665	)			32.51
Balance, June 30, 2025			217,732			$	31.36

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 shares of 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)	2025				2024				2025				2024
Net income available to common shareholders	$	7,941			$	7,530			$	15,536			$	16,161

Basic weighted average shares outstanding		17,704,110				17,747,070				17,657,771				17,729,355
Plus: common stock equivalents		69,127				45,226				141,324				82,540
Diluted weighted average shares outstanding		17,773,237				17,792,296				17,799,095				17,811,895
Net income per share
Basic	$	0.45			$	0.42			$	0.88			$	0.91
Diluted		0.45				0.42				0.87				0.91