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SHARE-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following weighted-average assumptions were used to determine compensation expense related to stock options in 2018 and 2017:
 
 
 
2018
 
 
2017
 
Risk-free interest rate
 
 
2.80
%
 
 
2.04
%
Expected dividend yield
 
 
2.47
%
 
 
3.15
%
Expected term
 
 
8.0
 
 
 
8.0
 
Expected volatility
 
 
19.9
%
 
 
19.7
%
Share-based Compensation, Stock Options, Activity [Table Text Block]
The following tables summarize stock option activity under the Company’s plans:
 
Stock Options
 
 
 
Years ended December 31,
 
 
 
2018
 
 
2017
 
Stock Options
 
Shares
 
 
Weighted Average
Exercise Price
 
 
Shares
 
 
Weighted Average
Exercise Price
 
Outstanding at beginning of year
 
 
1,502,493
 
 
$
26.57
 
 
 
1,486,257
 
 
$
26.13
 
Granted
 
 
129,200
 
 
 
37.22
 
 
 
211,200
 
 
 
27.94
 
Exercised
 
 
(429,047
)
 
 
25.96
 
 
 
(174,989
)
 
 
24.48
 
Forfeited or expired
 
 
(29,026
)
 
 
26.67
 
 
 
(19,975
)
 
 
26.53
 
Outstanding at end of year
 
 
1,173,620
 
 
$
27.96
 
 
 
1,502,493
 
 
$
26.57
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at end of year
 
 
692,007
 
 
$
26.92
 
 
 
877,131
 
 
$
26.59
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average fair market value of options granted
 
$
7.07
 
 
 
 
 
 
$
4.05
 
 
 
 
 
 
 
 
Weighted Average Remaining Contractual

Life (in Years)
 
 
Aggregate Intrinsic Value
 
Outstanding - December 31, 2018
 
4.2
 
 
$
2,452,000
 
Exercisable - December 31, 2018
 
2.3
 
 
$
1,560,000
 
Schedule of Nonvested Share Activity [Table Text Block]
The aggregate intrinsic value of outstanding and exercisable stock options is defined as the difference between the market value of the Company’s stock on December 31, 2018 of $29.17 and the exercise price multiplied by the number of in-the-money outstanding and exercisable stock options.
 
Non-vested Stock Options
 
 
 
Number of Options
 
 
Weighted Average

Exercise Price
 
 
Weighted Average

Fair Value
 
Non-vested - December 31, 2016
 
 
724,125
 
 
$
26.20
 
 
$
3.07
 
Granted
 
 
211,200
 
 
 
27.94
 
 
 
4.05
 
Vested
 
 
(296,638
)
 
 
26.71
 
 
 
3.01
 
Forfeited
 
 
(13,325
)
 
 
26.16
 
 
 
3.12
 
Non-vested - December 31, 2017
 
 
625,362
 
 
$
26.55
 
 
$
3.43
 
Granted
 
 
129,200
 
 
 
37.22
 
 
 
7.07
 
Vested
 
 
(243,798
)
 
 
26.42
 
 
 
3.25
 
Forfeited
 
 
(29,151
)
 
 
26.67
 
 
 
3.46
 
Non-vested - December 31, 2018
 
 
481,613
 
 
$
29.46
 
 
$
4.49
 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table summarizes information about outstanding and exercisable stock options at December 31, 2018:
 
 
 
 
Options Outstanding
 
 
Options Exercisable
 
Range of Exercise Prices
 
 
Number of

Options

Outstanding
 
 
Weighted

Average

Remaining

Contractual Life

(in Years)
 
 
Weighted

Average

Exercise

Price
 
 
Number of

Options

Exercisable
 
 
Weighted

Average

Exercise

Price
 
$25.51 to $25.86
 
 
 
448,225
 
 
 
3.2
 
 
$
25.57
 
 
 
256,600
 
 
$
25.59
 
$27.04 to $37.22
 
 
 
725,395
 
 
 
4.8
 
 
$
29.43
 
 
 
435,407
 
 
$
27.70
 
 
 
 
 
 
1,173,620
 
 
 
4.2
 
 
$
27.96
 
 
 
692,007
 
 
$
26.92
 
Cash Proceeds Received and Tax Benefit from Share-based Payment Awards [Table Text Block]
The following table summarizes stock option activity for the years ended December 31: 
 
 
 
2018
 
 
2017
 
 
 
(Dollars in thousands)
 
Total intrinsic value of stock options exercised
 
$
3,822
 
 
$
618
 
Net proceeds from stock option exercises
 
$
4,403
 
 
$
4,284
 
Income tax benefit from the exercise of stock options
 
$
994
 
 
$
188
 
Total fair value of stock options vested
 
$
793
 
 
$
892
 
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
The following table summarizes restricted stock award activity during the years ended December 31, 2017 and 2018:
 
 
 
Shares of Restricted

Stock
 
 
Weighted Average

Grant Date Fair Value
 
Non-vested - December 31, 2016
 
 
58,500
 
 
$
26.09
 
Issued
 
 
30,800
 
 
 
27.94
 
Vested
 
 
(23,250
)
 
 
26.54
 
Non-vested - December 31, 2017
 
 
66,050
 
 
$
26.79
 
Issued
 
 
25,319
 
 
 
37.22
 
Vested
 
 
(25,514
)
 
 
27.49
 
Forfeited
 
 
(4,375
)
 
 
26.60
 
Non-vested - December 31, 2018
 
 
61,480
 
 
$
30.74