Guaranty Bancshares (GNTY) 10-Q 5 Nov 21 2021 Q3 Quarterly report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION - shares	9 Months Ended
	Sep. 30, 2021	Nov. 01, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Trading Symbol	GNTY
Entity Registrant Name	GUARANTY BANCSHARES, INC.
Entity Central Index Key	0001058867
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Common Stock, Shares Outstanding		12,086,977
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity File Number	001-38087
Entity Tax Identification Number	75-1656431
Entity Address, Address Line One	16475 Dallas Parkway, Suite 600
Entity Address, City or Town	Addison
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75001
City Area Code	888
Local Phone Number	572 - 9881
Entity Shell Company	false
Title of 12(b) Security	Common Stock, par value $1.00 per share
Security Exchange Name	NASDAQ
Entity Incorporation, State or Country Code	TX
Document Quarterly Report	true
Document Transition Report	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 34,741	$ 47,836
Federal funds sold	346,500	218,825
Interest-bearing deposits	27,634	85,130
Total cash and cash equivalents	408,875	351,791
Securities available for sale	269,070	380,795
Securities held to maturity	173,676	0
Loans held for sale	1,903	5,542
Loans, net of allowance for credit losses of $30,621 and $33,619, respectively	1,938,268	1,831,737
Accrued interest receivable	7,673	9,834
Premises and equipment, net	53,834	55,212
Other real estate owned	40	404
Cash surrender value of life insurance	36,582	35,510
Core deposit intangible, net	2,426	2,999
Goodwill	32,160	32,160
Other assets	43,761	34,848
Total assets	2,968,268	2,740,832
Deposits
Noninterest-bearing	972,854	779,740
Interest-bearing	1,590,217	1,506,650
Total deposits	2,563,071	2,286,390
Securities sold under agreements to repurchase	11,195	15,631
Accrued interest and other liabilities	26,284	25,257
Line of credit	3,000	12,000
Federal Home Loan Bank advances	47,500	109,101
Subordinated debentures	19,810	19,810
Total liabilities	2,670,860	2,468,189
Commitments and contingencies (see Note 11)
Shareholders' equity
Preferred stock, $5.00 par value, 15,000,000 shares authorized, no shares issued	0	0
Common stock, $1.00 par value, 50,000,000 shares authorized, 14,097,738 and 12,951,676 shares issued, and 12,081,477 and 10,935,415 shares outstanding, respectively	14,098	12,952
Additional paid-in capital	224,458	188,032
Retained earnings	100,910	113,449
Treasury stock, 2,016,261 shares at cost	(51,419)	(51,419)
Accumulated other comprehensive income	9,361	9,629
Total shareholders' equity	297,408	272,643
Total liabilities and shareholders' equity	$ 2,968,268	$ 2,740,832

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Statement Of Financial Position [Abstract]
Allowance for credit losses	$ 30,621	$ 33,619
Preferred stock, par value (in USD per share)	$ 5	$ 5
Preferred stock, shares authorized (in shares)	15,000,000	15,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in USD per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	14,097,738	12,951,676
Common stock, shares outstanding (in shares)	12,081,477	10,935,415
Treasury stock (in shares)	2,016,261	2,016,261

CONSOLIDATED STATEMENTS OF EARN

CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest income
Loans, including fees	$ 22,605	$ 22,681	$ 69,664	$ 69,337
Securities
Taxable	1,203	1,051	3,393	3,532
Nontaxable	1,050	1,074	3,142	3,135
Federal funds sold and interest-bearing deposits	377	150	833	785
Total interest income	25,235	24,956	77,032	76,789
Interest expense
Deposits	1,348	2,285	4,444	9,746
FHLB advances and federal funds purchased	107	141	308	346
Subordinated debentures	182	192	558	511
Other borrowed money	28	59	184	156
Total interest expense	1,665	2,677	5,494	10,759
Net interest income	23,570	22,279	71,538	66,030
Provision for credit losses	(700)	(300)	(1,700)	13,200
Net interest income after provision for credit losses	24,270	22,579	73,238	52,830
Noninterest income
Service charges	1,003	717	2,687	2,196
Net realized gain on sale of loans	1,759	2,114	4,401	4,811
Other income	3,687	3,832	11,450	9,604
Total noninterest income	6,449	6,663	18,538	16,611
Noninterest expense
Employee compensation and benefits	10,998	9,439	31,145	26,982
Occupancy expenses	2,738	2,597	8,258	7,624
Other expenses	5,551	4,722	14,899	13,743
Total noninterest expense	19,287	16,758	54,302	48,349
Income before income taxes	11,432	12,484	37,474	21,092
Income tax provision	2,179	2,350	6,827	3,605
Net earnings	$ 9,253	$ 10,134	$ 30,647	$ 17,487
Basic earnings per share (in USD per share)	$ 0.77	$ 0.84	$ 2.54	$ 1.43
Diluted earnings per share (in USD per share)	$ 0.76	$ 0.84	$ 2.51	$ 1.43

CONSOLIDATED STATEMENTS OF EA_2

CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) (Parenthetical)	3 Months Ended
	Mar. 31, 2021
Income Statement [Abstract]
Percentage of adjusted effect of stock dividend issued	10.00%

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net earnings	$ 9,253	$ 10,134	$ 30,647	$ 17,487
Other comprehensive income (loss):
Unrealized gains (losses) on securities, net of tax	1,654	397	(1,268)	12,094
Unrealized gains (losses) on interest rate swaps
Unrealized holding gains (losses) arising during the period	62	99	534	(730)
Reclassification of realized losses on interest rate swap termination from accumulated other comprehensive income	466		466
Unrealized gains (losses) on interest rate swaps	528	99	1,000	(730)
Total other comprehensive income (loss)	2,182	496	(268)	11,364
Comprehensive income	$ 11,435	$ 10,630	$ 30,379	$ 28,851

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Impact of adoption of ASC 326	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained EarningsImpact of adoption of ASC 326	Treasury Stock	Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2019	$ 261,551	$ (3,593)	$ 12,905	$ 186,692	$ 98,239	$ (3,593)	$ (34,492)	$ (1,793)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	17,487				17,487
Other comprehensive income (loss)	11,364							11,364
10% stock dividend
Exercise of stock options	72		4	68
Purchase of treasury stock	(14,110)						(14,110)
Stock based compensation	494			494
Dividends: Common Stock	(6,412)				(6,412)
Ending balance at Sep. 30, 2020	266,853		12,909	187,254	105,721		(48,602)	9,571
Beginning balance at Jun. 30, 2020	258,875		12,908	187,073	97,788		(47,969)	9,075
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	10,134				10,134
Other comprehensive income (loss)	496							496
Exercise of stock options	0		1	(1)
Purchase of treasury stock	(633)						(633)
Stock based compensation	182			182
Dividends: Common Stock	(2,201)				(2,201)
Ending balance at Sep. 30, 2020	266,853		12,909	187,254	105,721		(48,602)	9,571
Beginning balance at Dec. 31, 2020	272,643		12,952	188,032	113,449		(51,419)	9,629
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	30,647				30,647
Other comprehensive income (loss)	(268)							(268)
10% stock dividend	35,947		1,094	34,853	(35,947)
Exercise of stock options	1,113		48	1,065
Restricted stock grants			4	(4)
Stock based compensation	512			512
Dividends: Common Stock	(7,239)				(7,239)
Ending balance at Sep. 30, 2021	297,408		14,098	224,458	100,910		(51,419)	9,361
Beginning balance at Jun. 30, 2021	287,729		14,074	223,822	94,073		(51,419)	7,179
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	9,253				9,253
Other comprehensive income (loss)	2,182							2,182
Exercise of stock options	477		20	457
Restricted stock grants	0		4	(4)
Stock based compensation	183			183
Dividends: Common Stock	(2,416)				2,416
Ending balance at Sep. 30, 2021	$ 297,408		$ 14,098	$ 224,458	$ 100,910		$ (51,419)	$ 9,361

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement Of Stockholders Equity [Abstract]
Common stock dividends (in USD per share)	$ 0.20		$ 0.18	$ 0.60	$ 0.53
Impact of adoption of ASC 326, tax					$ 955
Stock dividend rate percentage		10.00%		10.00%

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Cash flows from operating activities
Net earnings	$ 9,253	$ 10,134	$ 30,647	$ 17,487
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation			3,294	3,045
Amortization			932	1,010
Deferred taxes			(181)	(2,949)
Premium amortization, net of discount accretion			3,291	2,948
Gain on sale of loans	(1,759)	(2,114)	(4,401)	(4,811)
Provision for credit losses	(700)	(300)	(1,700)	13,200
Origination of loans held for sale			(84,944)	(121,628)
Proceeds from loans held for sale			92,984	119,659
Write-down of other real estate and repossessed assets			6	358
Net gain on sale of premises, equipment, other real estate owned and other assets			16	103
Stock based compensation			512	494
Net change in accrued interest receivable and other assets			(5,034)	(2,607)
Net change in accrued interest payable and other liabilities			1,799	1,897
Net cash provided by operating activities			37,221	28,206
Securities available for sale:
Purchases			(125,826)	(333,838)
Proceeds from maturities and principal repayments			63,264	342,452
Securities held to maturity:
Purchases			(7,797)
Proceeds from maturities and principal repayments			938	3,024
Net originations of loans			(105,333)	(248,409)
Purchases of premises and equipment			(1,912)	(5,148)
Proceeds from BOLI death benefit			464	0
Proceeds from sale of premises, equipment, other real estate owned and other assets			319	509
Net cash used in investing activities			(175,883)	(241,410)
Cash flows from financing activities
Net change in deposits			276,681	266,278
Net change in securities sold under agreements to repurchase			(4,436)	9,420
Proceeds from FHLB advances			120,000	290,000
Repayment of FHLB advances			(181,601)	(246,013)
Proceeds from line of credit			8,000	25,000
Repayment of line of credit			(17,000)	(18,000)
Proceeds from issuance of debentures			0	10,000
Repayments of debentures			0	(500)
Purchase of treasury stock			0	(14,110)
Exercise of stock options			1,113	72
Cash dividends			(7,011)	(6,286)
Net cash provided by financing activities			195,746	315,861
Net change in cash and cash equivalents			57,084	102,657
Cash and cash equivalents at beginning of period			351,791	90,714	$ 90,714
Cash and cash equivalents at end of period	408,875	193,371	408,875	193,371	$ 351,791
Supplemental disclosures of cash flow information
Interest paid			5,743	11,456
Income taxes paid			7,850	5,545
Supplemental schedule of noncash investing and financing activities
Cash dividends accrued	$ 2,416	$ 2,201	2,416	2,201
Held to maturity securities transferred to available for sale			0	152,486
Available for sale securities transferred to held to maturity			172,292	0
Transfer of loans to other real estate owned and repossessed assets			502	221
Stock dividend			$ 35,947

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations : Guaranty Bancshares, Inc. (“Guaranty”) is a bank holding company headquartered in Mount Pleasant, Texas that provides, through its wholly-owned subsidiary, Guaranty Bank & Trust, N.A. (the “Bank”), a broad array of financial products and services to individuals and corporate customers, primarily in its markets of East Texas, Dallas/Fort Worth, Greater Houston and Central Texas. The terms “the Company,” “we,” “us” and “our” mean Guaranty and its subsidiaries, when appropriate. The Company’s main sources of income are derived from granting loans throughout its markets and investing in securities issued by the U.S. Treasury, U.S. government agencies and state and political subdivisions. The Company’s primary lending products are real estate, commercial and consumer loans. Although the Company has a diversified loan portfolio, a substantial portion of its debtors’ abilities to honor contracts is dependent on the economy of the State of Texas and primarily the economies of East Texas, Dallas/Fort Worth, Greater Houston and Central Texas. The Company primarily funds its lending activities with deposit operations. The Company’s primary deposit products are checking accounts, money market accounts and certificates of deposit. Basis of Presentation : The consolidated financial statements in this Quarterly Report on Form 10-Q (this “Report”) include the accounts of Guaranty, the Bank, and their respective other direct and indirect subsidiaries and any other entities in which Guaranty has a controlling interest. The Bank has six wholly-owned non-bank subsidiaries, Guaranty Company, Inc., G B COM, INC., 2800 South Texas Avenue LLC, Pin Oak Realty Holdings, Inc., Pin Oak Asset Management, LLC (formerly Pin Oak Energy Holdings, LLC) and White Oak Aviation, LLC. All significant intercompany balances and transactions have been eliminated in consolidation. The accounting and financial reporting policies followed by the Company conform, in all material respects, to accounting principles generally accepted in the United States of America (“GAAP”) and to general practices within the financial services industry. The consolidated financial statements in this report have not been audited by an independent registered public accounting firm, but in the opinion of management, reflect all adjustments necessary for a fair presentation of the Company’s financial position and results of operations. All such adjustments were of a normal and recurring nature. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q adopted by the Securities and Exchange Commission (“SEC”). Accordingly, the financial statements do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Company’s consolidated financial statements, and notes thereto, for the year ended December 31, 2020, included in Guaranty’s Annual Report on Form 10-K for the year ended December 31, 2020. Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period. All dollar amounts referenced and discussed in the notes to the consolidated financial statements in this report are presented in thousands, unless noted otherwise. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates and assumptions may also affect disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. COVID-19 : On March 11, 2020, the World Health Organization declared the outbreak of a novel coronavirus (“COVID-19”) as a global pandemic, of which virus variants continue to spread through the United States and around the world. The declaration of a global pandemic indicates that almost all public commerce and business activities must be, to varying degrees, curtailed with the goal of decreasing the rate of new infections. The outbreak of COVID-19, and its subsequent variants, could adversely impact a broad range of industries in which the Company’s customers operate and impair their ability to fulfill their financial obligations to the Company. Government leaders and the Federal Reserve have taken several actions designed to mitigate the economic fallout resulting from the coronavirus. The Coronavirus Aid, Relief and Economic Security (“CARES”) Act, signed into law on March 27, 2020, authorized more than $ 2 trillion to battle COVID-19 and its economic effects, including immediate cash relief for individual citizens, loan programs for small businesses, support for hospitals and other medical providers, and various types of economic relief for impacted businesses and industries. The goal of CARES Act was to prevent severe economic downturn. The CARES Act also provided for temporary interest only or payment deferral modifications for loans without classifying them as troubled debt restructurings under current accounting rules. Additional government-backed hardship relief measures were signed into law in early 2021, as well as extension of many of the CARES Act provisions. Due to the COVID-19 pandemic, market interest rates declined significantly, with the 10-year Treasury bond falling below 1.00% on March 3, 2020 for the first time. On March 16, 2020, the Federal Open Market Committee reduced the target federal funds rate range to 0.00 % to 0.25 %, at which it remains as of September 30, 2021. These reductions in interest rates and other effects of the COVID-19 outbreak may adversely affect the Company’s financial condition and results of operations, as well as business and consumer confidence. As a result of the spread of COVID-19 and its variants, economic uncertainties have arisen which can negatively impact net interest income and noninterest income. Other financial impacts could occur though such potential impact remains unknown at this time. Allowance for Credit Losses: Held to Maturity Debt Securities The allowance for credit losses on held to maturity securities is a contra-asset valuation account that is deducted from the amortized cost basis of held to maturity securities to present management's best estimate of the net amount expected to be collected. Held to maturity securities are charged-off against the allowance when deemed uncollectible. Adjustments to the allowance are reported in our income statement as a component of provision for credit losses. Management measures expected credit losses on held to maturity securities on a collective basis by major security type with each types sharing similar risk characteristics and considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. Management has made the accounting policy election to exclude accrued interest receivable on held to maturity securities from the estimate of credit losses. Available for Sale Debt Securities For available for sale debt securities in an unrealized loss position, the Company first assesses whether or not it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the securities amortized cost basis is written down to fair value through income. For available for sale debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of the cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected are less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as provisions for or reversal of credit loss expense. Losses are charged against the allowance when management believes a security is uncollectible or when either of the criteria regarding intent to sell or required to sell is met. Accrued interest receivable on securities is excluded from the estimate of credit losses. Loans The allowance for credit losses is a valuation account that is deducted from the loans' amortized cost basis to present the net amount expected to be collected over the lifetime of the loans. Loans are charged off against the allowance when management believes the uncollectibility of a loan balance is confirmed. Recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. Subsequent recoveries, if any, are credited to the allowance. Management estimates the allowance balance using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. We use the weighted-average remaining maturity method (WARM method) as the basis for the estimation of expected credit losses. The WARM method uses a historical average annual charge-off rate. This average annual charge-off rate contains loss content over a historical lookback period and is used as a foundation for estimating the credit loss reserve for the remaining outstanding balances of loans in a segment at the balance sheet date. The average annual charge-off rate is applied to the contractual term, further adjusted for estimated prepayments, to determine the unadjusted historical charge-off rate. The calculation of the unadjusted historical charge-off rate is then adjusted for current conditions and for reasonable and supportable forecast periods. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as for changes in environmental conditions, such as changes in unemployment rates, property values, or other relevant factors. These qualitative factors serve to compensate for additional areas of uncertainty inherent in the portfolio that are not reflected in our historic loss factors. The allowance for credit losses is measured on a collective (pool or segment) basis when similar risk characteristics exist. Our loan portfolio segments include both regulatory call report codes and by internally identified risk ratings for our commercial loan segments and by delinquency status for our consumer loan segments. We also have separately identified our mortgage warehouse loans, internally originated SBA loans, SBA loans acquired from Westbound Bank in 2018 and loans originated under the Paycheck Protection Program ("PPP") for inherent risk analysis. Accrued interest receivable on loans is excluded from the estimate of credit losses. Below is a summary of the segments and certain of the inherent risks in the Company’s loan portfolio: Commercial and industrial: This portfolio segment includes general secured and unsecured commercial loans which are not secured by real estate or may be secured by real estate but made for the primary purpose of a short term revolving line of credit. Credit risk inherent in this portfolio segment include fluctuations in the local and national economy. Construction and development: This portfolio segment includes all loans for the purpose of construction, including both business and residential structures; and real estate development loans, including non-agricultural vacant land. Credit risk inherent in this portfolio include fluctuations in property values, unemployment, and changes in the local and national economy. Commercial real estate: The commercial real estate portfolio segment includes all commercial loans that are secured by real estate, other than those included in the construction and development, farmland, multi-family, and 1-4 family residential segments. Risks inherent in this portfolio segment include fluctuations in property values and changes in the local and national economy impacting the sale of the finished structures. Farmland: The farmland portfolio includes loans that are secured by real estate that is used or usable for agricultural purposes, including land used for crops, livestock production, grazing & pastureland and timberland. This segment includes land with a 1-4 family residential structure if the value of the land exceeds the value of the residence. Risks inherent in this portfolio segment include adverse changes in climate, fluctuations in feed and cattle prices and changes in property values. Consumer: This portfolio segment consists of non-real estate loans to consumers. This includes secured and unsecured loans such as auto and personal loans. The risks inherent in this portfolio segment include those factors that would impact the consumer’s ability to meet their obligations under the loan. These include increases in the local unemployment rate and fluctuations in consumer and business sales. 1-4 family residential: This portfolio segment includes loans to both commercial and consumer borrowers secured by real estate for housing units of up to four families. Risks inherent in this portfolio segment include increases in the local unemployment rate, changes in the local economy and factors that would impact the value of the underlying collateral, such as changes in property values. Multi-family residential: This portfolio segment includes loans secured by structures containing five or more residential housing units. Risks inherent in this portfolio segment include increases to the local unemployment rate, changes in the local economy, and factors that would impact property values. Agricultural: The agricultural portfolio segment includes loans to individuals and companies in the dairy and cattle industries and farmers. Loans in the segment are secured by collateral including cattle, crops and equipment. Risks inherent in this portfolio segment include adverse changes in climate and fluctuations in feed and cattle prices. The following groups of loans are considered to carry specific similar inherent risk characteristics, which the Bank considers separately during its calculation of the allowance for credit losses. These groups of loans are reported within the segments identified in the previous table. Mortgage Warehouse: The mortgage warehouse portfolio includes loans in which we purchase mortgage loan ownership interests from unaffiliated mortgage originators that are generally held by us for a period of less than 30-days, typically 5-10 days before they are sold to an approved investor. These loans are consistently underwritten based on standards established by the approved investor. Risks inherent in this portfolio include borrower or mortgage originator fraud. SBA – Acquired Loans The SBA – acquired loans segment consists of partially SBA guaranteed loans that were acquired from Westbound Bank in June 2018. These loans are commercial real estate and commercial and industrial in nature and were underwritten with guidelines that are less conservative than our Company. Risks inherent in this portfolio include increases in interest rates, as most are variable rate loans, generally lower levels of borrower equity, less conservative underwriting guidelines, fluctuations in real estate values and changes in the local and national economy. SBA – Originated Loans The SBA – originated loans segment consists of loans that are partially guaranteed by the SBA and were originated and underwritten by Guaranty Bank & Trust loan officers. Risks inherent in this portfolio include increases in interest rates due to variable rate structures, generally lower levels of borrower equity or net worth, fluctuations in real estate values and changes in the local and national economy. SBA – Paycheck Protection Program Loans Loans originated under the PPP are 100 % government guaranteed by the SBA. As a result, the loans are excluded from the segments above and a minimal reserve estimate was applied to this segment of loans for purposes of calculating the credit loss provision. In general, the loans in our portfolio have low historical credit losses. The credit quality of loans in our portfolio is impacted by delinquency status and debt service coverage generated by our borrowers’ businesses and fluctuations in the value of real estate collateral. Management considers delinquency status to be the most meaningful indicator of the credit quality of one-to-four single family residential, home equity loans and lines of credit and other consumer loans. In general, these types of loans do not begin to show signs of credit deterioration or default until they have been outstanding for some period of time, a process we refer to as “seasoning.” As a result, a portfolio of older loans will usually behave more predictably than a portfolio of newer loans. We consider the majority of our consumer type loans to be “seasoned” and that the credit quality and current level of delinquencies and defaults represents the level of reserve needed in the allowance for credit losses. If delinquencies and defaults were to increase, we may be required to increase our provision for credit losses, which would adversely affect our results of operations and financial condition. Delinquency statistics are updated at least monthly. Internal risk ratings are considered the most meaningful indicator of credit quality for new commercial and industrial, construction, and commercial real estate loans. Internal risk ratings are a key factor that impact management’s estimates of loss factors used in determining the amount of the allowance for credit losses. Internal risk ratings are updated on a continuous basis. Loans that do not share risk characteristics are evaluated on an individual basis. Loans evaluated individually are not also included in the collective evaluation. When management determines that foreclosure is probable, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. Credit Quality Indicators - The Company monitors the credit quality of the loans in the various segments by identifying and evaluating credit quality indicators specific to each segment class. This information is incorporated into management’s analysis of the adequacy of the allowance for credit losses. Information for the credit quality indicators is updated monthly or quarterly for classified assets and at least annually for the remainder of the portfolio. The following is a discussion of the primary credit quality indicators most closely monitored for the loan portfolio, by class: Commercial and industrial: In assessing risk associated with commercial loans, management considers the business’s cash flow and the value of the underlying collateral to be the primary credit quality indicators. Construction and development: In assessing the credit quality of construction loans, management considers the ability of the borrower to make principal and interest payments in the event that they are unable to sell the completed structure to be a primary credit quality indicator. For real estate development loans, management also considers the likelihood of the successful sale of the constructed properties in the development. Commercial real estate: Management considers the strength of the borrower’s cash flows, changes in property values and occupancy status to be key credit quality indicators of commercial real estate loans. Farmland: In assessing risk associated with farmland loans, management considers the borrower’s cash flows and underlying property values to be key credit quality indicators. Consumer: Management considers delinquency status to be the primary credit quality indicator of consumer loans. Others include the debt to income ratio of the borrower, the borrower’s credit history, the availability of other credit to the borrower, the borrower’s past-due history, and, if applicable, the value of the underlying collateral to be primary credit quality indicators. 1-4 family residential: Management considers delinquency status to be the primary credit quality indicator of 1-4 family residential loans. Others include changes in the local economy, changes in property values, and changes in local unemployment rates to be key credit quality indicators of the loans in the 1-4 family residential loan segment. Multi-family residential: Management considers changes in the local economy, changes in property values, vacancy rates and changes in local unemployment rates to be key credit quality indicators of the loans in the multifamily loan segment. Agricultural: In assessing risk associated with agricultural loans, management considers the borrower’s cash flows, the value of the underlying collateral and sources of secondary repayment to be primary credit quality indicators. From time to time, we modify our loan agreement with a borrower. A modified loan is considered a troubled debt restructuring when two conditions are met: (i) the borrower is experiencing financial difficulty and (ii) concessions are made by us that would not otherwise be considered for a borrower with similar credit risk characteristics. Modifications to loan terms may include a lower interest rate, a reduction of principal, or a longer term to maturity. We review each troubled debt restructured loan and determine on a case by case basis if the loan can be grouped with its like segment for allowance consideration or whether it should be individually evaluated for a specific allowance for credit loss allocation. If individually evaluated, an allowance for credit loss allocation is based on either the present value of estimated future cash flows or the estimated fair value of the underlying collateral. In response to the COVID-19 pandemic, the Bank provided financial relief to many of its customers through a 3-month principal and interest payment deferral program or an up to 6-month interest only program. Pursuant to the CARES Act and the April 7, 2020 Interagency guidance and GAAP, these loan modifications, and certain subsequent modifications, are not considered to be troubled debt restructurings. Reserve for Unfunded Commitments The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancelable by the Company. The allowance for credit losses on off balance sheet credit exposures is adjusted as a provision for credit loss expense. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Effect of Stock Splits and Stock Dividends on Prior Period Presentation : Earnings and dividends per share and weighted average shares outstanding are presented as if all stock splits and stock dividends were effective from the earliest period presented through the date of issuance of the financial statements. Unless indicated otherwise, other share amounts have not been adjusted.

MARKETABLE SECURITIES

MARKETABLE SECURITIES	9 Months Ended
	Sep. 30, 2021
Investments Debt And Equity Securities [Abstract]
MARKETABLE SECURITIES	NOTE 2 - MARKETABLE SECURITIES The following tables summarize the amortized cost and fair value of available for sale and held to maturity securities as of September 30, 2021 and securities available for sale as of December 31, 2020 and the corresponding amounts of gross unrealized gains and losses: September 30, 2021 Amortized Gross Gross Estimated Available for sale: U.S. government agencies $ 10,013 $ 46 $ — $ 10,059 Corporate bonds 34,105 1,233 92 35,246 Mortgage-backed securities 157,846 2,143 847 159,142 Collateralized mortgage obligations 63,272 1,405 54 64,623 Total available for sale $ 265,236 $ 4,827 $ 993 $ 269,070 Held to maturity: Municipal securities $ 170,634 $ 9,139 $ 147 $ 179,626 Mortgage-backed securities 3,042 — 37 3,005 Total held to maturity $ 173,676 $ 9,139 $ 184 $ 182,631 December 31, 2020 Amortized Gross Gross Estimated Available for sale: Corporate bonds $ 29,608 $ 1,382 $ 8 $ 30,982 Municipal securities 164,668 11,036 — 175,704 Mortgage-backed securities 104,210 3,041 87 107,164 Collateralized mortgage obligations 64,611 2,335 1 66,945 Total available for sale $ 363,097 $ 17,794 $ 96 $ 380,795 There is no allowance for credit losses recorded for our available for sale or held to maturity debt securities as of September 30, 2021 or December 31, 2020. Information pertaining to securities with gross unrealized losses as of September 30, 2021 and December 31, 2020, for which no allowance for credit losses has been recorded, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position is detailed in the following tables: Less Than 12 Months 12 Months or Longer Total September 30, 2021 Gross Estimated Gross Estimated Gross Estimated Available for sale: Corporate bonds $ ( 92 ) $ 7,678 $ — $ — $ ( 92 ) $ 7,678 Mortgage-backed securities ( 803 ) 68,150 ( 44 ) 3,276 ( 847 ) 71,426 Collateralized mortgage obligations ( 54 ) 18,203 — — ( 54 ) 18,203 Total available for sale $ ( 949 ) $ 94,031 $ ( 44 ) $ 3,276 $ ( 993 ) $ 97,307 Held to maturity: Municipal securities $ ( 147 ) $ 4,381 $ — $ — $ ( 147 ) $ 4,381 Mortgage-backed securities ( 37 ) 3,006 — — ( 37 ) 3,006 Total held to maturity $ ( 184 ) $ 7,387 $ — $ — $ ( 184 ) $ 7,387 Less Than 12 Months 12 Months or Longer Total December 31, 2020 Gross Estimated Gross Estimated Gross Estimated Available for sale: Corporate bonds $ ( 8 ) $ 2,493 $ — $ — $ ( 8 ) $ 2,493 Mortgage-backed securities ( 87 ) 25,775 — — ( 87 ) 25,775 Collateralized mortgage obligations — — ( 1 ) 106 ( 1 ) 106 Total available for sale $ ( 95 ) $ 28,268 $ ( 1 ) $ 106 $ ( 96 ) $ 28,374 There were 26 investments in an unrealized loss position, and 22 available for sale debt securities in an unrealized loss position with no recorded allowance for credit losses at September 30, 2021. The available for sale securities in a loss position were composed of corporate bonds, collateralized mortgage obligations and mortgage-backed securities. Management evaluates available for sale debt securities in an unrealized loss position to determine whether the impairment is due to credit-related factors or noncredit-related factors. With respect to the collateralized mortgage obligations and mortgage-backed securities issued by the U.S. Government and its agencies, the Company has determined that a decline in fair value is not due to credit-related factors. The Company monitors the credit quality of other debt securities through the use of credit ratings and other factors specific to an individual security in assessing whether or not the decline in fair value of municipal or corporate securities, relative to their amortized cost, is due to credit-related factors. Triggers to prompt further investigation of securities when the fair value is less than the amortized cost are when a security has been downgraded and falls below an A credit rating, and the security’s unrealized loss exceeds 20 % of its book value. Consideration is given to (1) the extent to which fair value is less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for any anticipated recovery in fair value. Based on evaluation of available evidence, management believes the unrealized losses on the securities as of September 30, 2021 is not credit-related. Management does not have the intent to sell any of these securities and believes that it is more likely than not the Company will not have to sell any such securities before recovery of cost. The fair values are expected to recover as the securities approach their maturity date or repricing date or if market yields for the investments decline. Management assesses held to maturity securities sharing similar risk characteristics on a collective basis for expected credit losses under CECL. As of September 30, 2021, our held to maturity securities consisted of municipal bonds and mortgage-backed securities issued by the U.S. Government and its agencies. With regard to the mortgage-backed securities issued by the U.S. government, or agencies thereof, it is expected that the securities will not be settled at prices less than the amortized cost bases of the securities as such securities are backed by the full faith and credit of and/or guaranteed by the U.S. government. For municipal securities, management reviewed key risk indicators, including ratings by credit agencies when available, and determined that there is no current expectation of credit loss. Accordingly, no allowance for credit losses has been recorded for these securities. Mortgage-backed securities and collateralized mortgage obligations are backed by pools of mortgages that are insured or guaranteed by the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association or the Government National Mortgage Association. As of September 30, 2021 , there were no holdings of securities of any one issuer, other than the collateralized mortgage obligations and mortgage-backed securities issued by the U.S. government and its agencies, in an amount greater than 10% of shareholders’ equity. Securities with fair values of approximately $ 279,726 and $ 314,962 at September 30, 2021 and December 31, 2020, respectively, were pledged to secure public fund deposits and for other purposes as required or permitted by law. There were no securities sold during the three or nine months ended September 30, 2021 or 2020. From time to time, we have reclassified certain securities from available for sale to held to maturity. Such transfers are made at fair value at the date of transfer. The unrealized holding gains at the date of transfer are retained in other comprehensive income and in the carrying value of the held to maturity securities and are amortized over the remaining life of the security. The net unamortized, unrealized gain remaining on transferred securities included in accumulated other comprehensive income in the accompanying balance sheet totaled $ 9,684 at September 30, 2021. This amount will be amortized out of accumulated other comprehensive income over the remaining life of the underlying securities as an adjustment of the yield on those securities. The contractual maturities at September 30, 2021 of available for sale securities at carrying value and estimated fair value are shown below. The Company invests in mortgage-backed securities and collateralized mortgage obligations that have expected maturities that differ from their contractual maturities. These differences arise because borrowers and/or issuers may have the right to call or prepay their obligation with or without call or prepayment penalties. Available for Sale Held to Maturity September 30, 2021 Amortized Estimated Amortized Estimated Due within one year $ — $ — $ 4,802 $ 4,868 Due after one year through five years 14,645 15,430 48,612 50,466 Due after five years through ten years 29,473 29,875 50,369 53,350 Due after ten years — — 66,851 70,942 Mortgage-backed securities 157,846 159,142 3,042 3,005 Collateralized mortgage obligations 63,272 64,623 — — Total securities $ 265,236 $ 269,070 $ 173,676 $ 182,631

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
LOANS AND ALLOWANCE FOR CREDIT LOSSES	NOTE 3 - LOANS AND ALLOWANCE FOR CREDIT LOSSES The following table summarizes the Company’s loan portfolio by type of loan as of: September 30, 2021 December 31, 2020 Commercial and industrial $ 308,647 $ 356,291 Real estate: Construction and development 309,746 270,407 Commercial real estate 633,353 594,216 Farmland 135,413 78,508 1-4 family residential 403,403 389,096 Multi-family residential 40,810 21,701 Consumer 52,992 51,044 Agricultural 14,199 15,734 Warehouse lending (1) 71,823 89,480 Overdrafts 495 342 Total loans (2) 1,970,881 1,866,819 Net of: Deferred loan fees, net ( 1,992 ) ( 1,463 ) Allowance for credit losses ( 30,621 ) ( 33,619 ) Total net loans (2) $ 1,938,268 $ 1,831,737 (1) Warehouse lending is presented as a component of commercial and industrial loans on remaining tables. (2) Excludes accrued interest receivable on loans of $ 5.8 million and $ 7.0 million as of September 30, 2021 and December 31, 2020, respectively, which is presented separately on the consolidated balance sheets. The Company’s estimate of the allowance for credit losses (“ACL”) reflects losses expected over the remaining contractual life of the assets. The contractual term does not consider extensions, renewals or modifications unless the Company has identified an expected troubled debt restructuring. The following tables present the activity in the ACL by class of loans for the nine months ended September 30, 2021, for the year ended December 31, 2020 and for the nine months ended September 30, 2020: For the Nine Months Ended Commercial Construction Commercial Farmland 1-4 family Multi-family Consumer Agricultural Overdrafts Total Allowance for credit losses: Beginning balance $ 4,033 $ 4,735 $ 15,780 $ 1,220 $ 6,313 $ 363 $ 929 $ 239 $ 7 $ 33,619 Provision for credit losses ( 268 ) ( 774 ) ( 670 ) 365 ( 559 ) 213 ( 61 ) ( 73 ) 127 ( 1,700 ) Loans charged-off ( 300 ) — ( 816 ) — — — ( 113 ) — ( 173 ) ( 1,402 ) Recoveries 15 1 11 — — — 32 — 45 104 Ending balance $ 3,480 $ 3,962 $ 14,305 $ 1,585 $ 5,754 $ 576 $ 787 $ 166 $ 6 $ 30,621 For the Year Ended Commercial Construction Commercial Farmland 1-4 family Multi-family Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance, prior to adoption of ASC 326 $ 2,056 $ 2,378 $ 6,853 $ 570 $ 3,125 $ 409 $ 602 $ 197 $ 12 $ 16,202 Impact of adopting ASC 326 546 323 2,228 26 1,339 ( 50 ) 72 73 ( 9 ) 4,548 Provision for credit losses 1,398 2,034 6,698 624 1,915 4 373 ( 33 ) 187 13,200 Loans charged-off ( 68 ) — — — ( 68 ) — ( 155 ) ( 18 ) ( 234 ) ( 543 ) Recoveries 101 — 1 — 2 — 37 20 51 212 Ending balance $ 4,033 $ 4,735 $ 15,780 $ 1,220 $ 6,313 $ 363 $ 929 $ 239 $ 7 $ 33,619 For the Nine Months Ended Commercial Construction Commercial Farmland 1-4 family Multi-family Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance $ 2,056 $ 2,378 $ 6,853 $ 570 $ 3,125 $ 409 $ 602 $ 197 $ 12 $ 16,202 Impact of adopting ASC 326 546 323 2,228 26 1,339 ( 50 ) 72 73 ( 9 ) 4,548 Provision for credit losses 1,366 2,228 6,613 694 1,778 ( 34 ) 407 59 89 13,200 Loans charged-off ( 43 ) — — — ( 59 ) — ( 136 ) ( 18 ) ( 128 ) ( 384 ) Recoveries 93 — 1 — 2 — 30 20 45 191 Ending balance $ 4,018 $ 4,929 $ 15,695 $ 1,290 $ 6,185 $ 325 $ 975 $ 331 $ 9 $ 33,757 D uring the year ended December 31, 2020, a total allowance for credit losses provision of $ 13,200 was recorded primarily to account for the estimated impact of COVID-19 on credit quality and resulted largely from changes to individual loan risk ratings, as well as COVID-specific qualitative factors primarily derived from changes in national GDP, Texas unemployment rates and national industry related CRE trends, all of which were impacted by the effects of COVID-19. We recorded no provision in the first quarter of 2021, a $ 1,000 reverse provision in the second quarter and a $ 700 reverse provision in the third quarter. These provision reversals capture the improvements that have occurred to macroeconomic factors evaluated at the onset of the pandemic as part of the aforementioned COVID-specific qualitative factors, as well as risk rating upgrades for specific loans, which impact the reserve calculations within our model, offset by growth in our overall loan portfolio. Although management is cautiously optimistic about improving vaccination and hospitalization rates and economic trends, it is very likely that the economic effects of the pandemic will continue into 2022. The Company uses the weighted-average remaining maturity ("WARM") method as the basis for the estimation of expected credit losses. The WARM method uses a historical average annual charge-off rate containing loss content over a historical lookback period and is used as a foundation for estimating the credit loss reserve for the remaining outstanding balances of loans in a segment at the balance sheet date. The average annual charge-off rate is applied to the contractual term, further adjusted for estimated prepayments, to determine the unadjusted historical charge-off rate. The calculation of the unadjusted historical charge-off rate is then adjusted, using qualitative factors, for current conditions and for reasonable and supportable forecast periods. Qualitative loss factors are based on the Company’s judgment of company, market, industry or business specific data, differences in loan-specific risk characteristics such as underwriting standards, portfolio mix, risk grades, delinquency level, or term. These qualitative factors serve to compensate for additional areas of uncertainty inherent in the portfolio that are not reflected in our historic loss factors. Additionally, we have adjusted for changes in expected environmental and economic conditions, such as changes in unemployment rates, property values, and other relevant factors over the next 12 to 24 months. Management adjusted the historical loss experience for these expectations. No reversion adjustments were necessary, as the starting point for the Company’s estimate was a cumulative loss rate covering the expected contractual term of the portfolio. The ACL is measured on a collective segment basis when similar risk characteristics exist. Our loan portfolio is segmented first by regulatory call report code, and second, by internally identified risk grades for our commercial loan segments and by delinquency status for our consumer loan segments. We also have separate segments for our warehouse lines of credit, for our internally originated SBA loans, for our SBA loans acquired from Westbound Bank and for SBA-guaranteed PPP loans. Consistent forecasts of the loss drivers are used across the loan segments. For loans that do not share general risk characteristics with segments, we estimate a specific reserve on an individual basis. A reserve is recorded when the carrying amount of the loan exceeds the discounted estimated cash flows using the loan's initial effective interest rate or the fair value of collateral for collateral-dependent loans. Assets are graded “pass” when the relationship exhibits acceptable credit risk and indicates repayment ability, tolerable collateral coverage and reasonable performance history. Lending relationships exhibiting potentially significant credit risk and marginal repayment ability and/or asset protection are graded “special mention.” Assets classified as “substandard” are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified must have a well-defined weakness that jeopardizes the liquidation of the debt. Substandard graded loans are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Assets graded “doubtful” are substandard graded loans that have added characteristics that make collection or liquidation in full improbable. Loans that are on nonaccrual status are generally classified as substandard. In general, the loans in our portfolio have low historical credit losses. The Company closely monitors economic conditions and loan performance trends to manage and evaluate the exposure to credit risk. Key factors tracked by the Company and utilized in evaluating the credit quality of the loan portfolio include trends in delinquency ratios, the level of nonperforming assets, borrower’s repayment capacity, and collateral coverage. The following table summarizes the credit exposure in the Company’s loan portfolio, by year of origination, as of September 30, 2021: September 30, 2021 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Total Commercial and industrial: Pass $ 199,537 $ 40,901 $ 20,982 $ 9,595 $ 4,333 $ 17,616 $ 86,768 $ 379,732 Special mention — 96 — — 21 — — 117 Substandard — 278 60 196 43 5 — 582 Nonaccrual — — — 25 — 14 — 39 Total commercial and industrial loans $ 199,537 $ 41,275 $ 21,042 $ 9,816 $ 4,397 $ 17,635 $ 86,768 $ 380,470 Charge-offs $ — $ — $ ( 167 ) $ ( 67 ) $ ( 19 ) $ — $ ( 47 ) $ ( 300 ) Recoveries — — — — — — 15 15 Current period net $ — $ — $ ( 167 ) $ ( 67 ) $ ( 19 ) $ — $ ( 32 ) $ ( 285 ) Construction and development: Pass $ 153,740 $ 78,121 $ 29,164 $ 7,149 $ 16,405 $ 14,347 $ 8,313 $ 307,239 Special mention — 710 — — 955 — — 1,665 Substandard — — 609 3 — — — 612 Nonaccrual — — 230 — — — — 230 Total construction and development loans $ 153,740 $ 78,831 $ 30,003 $ 7,152 $ 17,360 $ 14,347 $ 8,313 $ 309,746 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — 1 — 1 Current period net $ — $ — $ — $ — $ — $ 1 $ — $ 1 Commercial real estate: Pass $ 100,853 $ 98,665 $ 80,197 $ 64,919 $ 44,565 $ 176,005 $ 14,699 $ 579,903 Special mention 398 — — 2,439 4,591 1,629 — 9,057 Substandard — 7,040 — 10,124 13,110 13,732 — 44,006 Nonaccrual — 60 — 73 33 221 — 387 Total commercial real estate loans $ 101,251 $ 105,765 $ 80,197 $ 77,555 $ 62,299 $ 191,587 $ 14,699 $ 633,353 Charge-offs $ — $ — $ ( 17 ) $ ( 56 ) $ ( 472 ) $ ( 271 ) $ — $ ( 816 ) Recoveries — — — — 11 — — 11 Current period net $ — $ — $ ( 17 ) $ ( 56 ) $ ( 461 ) $ ( 271 ) $ — $ ( 805 ) Farmland: Pass $ 72,382 $ 12,776 $ 8,683 $ 8,541 $ 5,345 $ 21,626 $ 5,777 $ 135,130 Special mention — — — — — 28 — 28 Substandard — — — — — 118 — 118 Nonaccrual — — — — — 109 28 137 Total farmland loans $ 72,382 $ 12,776 $ 8,683 $ 8,541 $ 5,345 $ 21,881 $ 5,805 $ 135,413 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — September 30, 2021 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Total 1-4 family residential: Pass $ 101,523 $ 72,986 $ 48,075 $ 38,577 $ 29,077 $ 97,575 $ 13,368 $ 401,181 Special mention — — — — — 57 — 57 Substandard — — — — — — — — Nonaccrual — — 184 383 254 1,344 — 2,165 Total 1-4 family residential loans $ 101,523 $ 72,986 $ 48,259 $ 38,960 $ 29,331 $ 98,976 $ 13,368 $ 403,403 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Multi-family residential: Pass $ 13,113 $ 4,312 $ 4,392 $ 15,448 $ 545 $ 2,194 $ 131 $ 40,135 Special mention — — — — — — — — Substandard — — — — 675 — — 675 Nonaccrual — — — — — — — — Total multi-family residential loans $ 13,113 $ 4,312 $ 4,392 $ 15,448 $ 1,220 $ 2,194 $ 131 $ 40,810 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Consumer and overdrafts: Pass $ 21,949 $ 14,015 $ 5,654 $ 5,400 $ 820 $ 656 $ 4,838 $ 53,332 Special mention — 1 9 — — — — 10 Substandard — — — — — — — — Nonaccrual 8 25 22 70 9 11 — 145 Total consumer loans and overdrafts $ 21,957 $ 14,041 $ 5,685 $ 5,470 $ 829 $ 667 $ 4,838 $ 53,487 Charge-offs $ ( 180 ) $ ( 34 ) $ ( 38 ) $ ( 32 ) $ ( 2 ) $ — $ — $ ( 286 ) Recoveries 45 3 — 8 2 19 — 77 Current period net $ ( 135 ) $ ( 31 ) $ ( 38 ) $ ( 24 ) $ — $ 19 $ — $ ( 209 ) Agricultural: Pass $ 2,611 $ 2,081 $ 1,052 $ 1,082 $ 275 $ 592 $ 6,366 $ 14,059 Special mention — — — — 20 — — 20 Substandard — — 5 31 39 13 — 88 Nonaccrual — 20 — 9 3 — — 32 Total agricultural loans $ 2,611 $ 2,101 $ 1,057 $ 1,122 $ 337 $ 605 $ 6,366 $ 14,199 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Total loans: Pass $ 665,708 $ 323,857 $ 198,199 $ 150,711 $ 101,365 $ 330,611 $ 140,260 $ 1,910,711 Special mention 398 807 9 2,439 5,587 1,714 — 10,954 Substandard — 7,318 674 10,354 13,867 13,868 — 46,081 Nonaccrual 8 105 436 560 299 1,699 28 3,135 Total loans $ 666,114 $ 332,087 $ 199,318 $ 164,064 $ 121,118 $ 347,892 $ 140,288 $ 1,970,881 Charge-offs $ ( 180 ) $ ( 34 ) $ ( 222 ) $ ( 155 ) $ ( 493 ) $ ( 271 ) $ ( 47 ) $ ( 1,402 ) Recoveries 45 3 — 8 13 20 15 104 Total current period net (charge-offs) recoveries $ ( 135 ) $ ( 31 ) $ ( 222 ) $ ( 147 ) $ ( 480 ) $ ( 251 ) $ ( 32 ) $ ( 1,298 ) The following table summarizes the credit exposure in the Company’s loan portfolio, by year of origination, as of December 31, 2020: December 31, 2020 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Total Commercial and industrial: Pass $ 278,687 $ 30,563 $ 12,860 $ 4,366 $ 6,131 $ 16,294 $ 90,074 $ 438,975 Special mention 124 119 222 4,040 1,324 — — 5,829 Substandard — 307 540 50 43 — — 940 Nonaccrual — — 13 — 14 — — 27 Total commercial and industrial loans $ 278,811 $ 30,989 $ 13,635 $ 8,456 $ 7,512 $ 16,294 $ 90,074 $ 445,771 Charge-offs $ — $ — $ ( 43 ) $ — $ — $ — $ ( 25 ) $ ( 68 ) Recoveries — — 43 — — 14 44 101 Current period net $ — $ — $ — $ — $ — $ 14 $ 19 $ 33 Construction and development: Pass $ 118,590 $ 76,926 $ 26,212 $ 24,524 $ 7,742 $ 10,507 $ 3,266 $ 267,767 Special mention 356 — — 990 — — — 1,346 Substandard — 609 5 — 680 — — 1,294 Nonaccrual — — — — — — — — Total construction and development loans $ 118,946 $ 77,535 $ 26,217 $ 25,514 $ 8,422 $ 10,507 $ 3,266 $ 270,407 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate: Pass $ 91,819 $ 80,753 $ 89,542 $ 72,311 $ 86,946 $ 123,463 $ 5,890 $ 550,724 Special mention — 2,716 3,542 849 5,724 449 — 13,280 Substandard — — 2,010 4,913 4,445 8,240 — 19,608 Nonaccrual — 1,140 151 4,158 4,769 386 — 10,604 Total commercial real estate loans $ 91,819 $ 84,609 $ 95,245 $ 82,231 $ 101,884 $ 132,538 $ 5,890 $ 594,216 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — 1 — 1 Current period net $ — $ — $ — $ — $ — $ 1 $ — $ 1 Farmland: Pass $ 17,444 $ 12,668 $ 10,327 $ 6,620 $ 9,904 $ 15,402 $ 5,864 $ 78,229 Special mention — — — — — 35 — 35 Substandard — — — — — 129 — 129 Nonaccrual — — — — — 115 — 115 Total farmland loans $ 17,444 $ 12,668 $ 10,327 $ 6,620 $ 9,904 $ 15,681 $ 5,864 $ 78,508 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — December 31, 2020 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Total 1-4 family residential: Pass $ 87,578 $ 62,937 $ 52,087 $ 37,224 $ 43,858 $ 93,486 $ 10,091 $ 387,261 Special mention — — — — — 168 — 168 Substandard — — — — — — — — Nonaccrual — — 326 44 163 1,134 — 1,667 Total 1-4 family residential loans $ 87,578 $ 62,937 $ 52,413 $ 37,268 $ 44,021 $ 94,788 $ 10,091 $ 389,096 Charge-offs $ — $ — $ — $ — $ ( 9 ) $ ( 59 ) $ — $ ( 68 ) Recoveries — — — — — 2 — 2 Current period net $ — $ — $ — $ — $ ( 9 ) $ ( 57 ) $ — $ ( 66 ) Multi-family residential: Pass $ 5,889 $ 4,498 $ 3,617 $ 1,371 $ 1,737 $ 4,391 $ 198 $ 21,701 Special mention — — — — — — — — Substandard — — — — — — — — Nonaccrual — — — — — — — — Total multi-family residential loans $ 5,889 $ 4,498 $ 3,617 $ 1,371 $ 1,737 $ 4,391 $ 198 $ 21,701 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Consumer and overdrafts: Pass $ 24,740 $ 11,176 $ 9,369 $ 1,701 $ 735 $ 513 $ 2,825 $ 51,059 Special mention 16 83 9 7 — — — 115 Substandard — — — — — — — — Nonaccrual 24 36 131 20 1 — — 212 Total consumer loans and overdrafts $ 24,780 $ 11,295 $ 9,509 $ 1,728 $ 736 $ 513 $ 2,825 $ 51,386 Charge-offs $ ( 243 ) $ ( 63 ) $ ( 31 ) $ ( 43 ) $ ( 3 ) $ ( 6 ) $ — $ ( 389 ) Recoveries 49 2 12 8 4 13 — 88 Current period net $ ( 194 ) $ ( 61 ) $ ( 19 ) $ ( 35 ) $ 1 $ 7 $ — $ ( 301 ) Agricultural: Pass $ 3,489 $ 1,718 $ 1,893 $ 607 $ 273 $ 189 $ 7,408 $ 15,577 Special mention — — — 36 — — — 36 Substandard — 7 10 — 24 — — 41 Nonaccrual — — 33 — 45 2 — 80 Total agricultural loans $ 3,489 $ 1,725 $ 1,936 $ 643 $ 342 $ 191 $ 7,408 $ 15,734 Charge-offs $ — $ — $ ( 18 ) $ — $ — $ — $ — $ ( 18 ) Recoveries — — — — 20 — — 20 Current period net $ — $ — $ ( 18 ) $ — $ 20 $ — $ — $ 2 Total loans: Pass $ 628,236 $ 281,239 $ 205,907 $ 148,724 $ 157,326 $ 264,245 $ 125,616 $ 1,811,293 Special mention 496 2,918 3,773 5,922 7,048 652 — 20,809 Substandard — 923 2,565 4,963 5,192 8,369 — 22,012 Nonaccrual 24 1,176 654 4,222 4,992 1,637 — 12,705 Total loans $ 628,756 $ 286,256 $ 212,899 $ 163,831 $ 174,558 $ 274,903 $ 125,616 $ 1,866,819 Charge-offs $ ( 243 ) $ ( 63 ) $ ( 92 ) $ (43 ) $ ( 12 ) $ ( 65 ) $ ( 25 ) $ ( 543 ) Recoveries 49 2 55 8 24 30 44 212 Total current period net (charge-offs) recoveries $ ( 194 ) $ ( 61 ) $ ( 37 ) $ ( 35 ) $ 12 $ ( 35 ) $ 19 $ ( 331 ) There were no loans classified in the “doubtful” or “loss” risk rating categories as of September 30, 2021 and December 31, 2020. The following table presents the amortized cost basis of individually evaluated collateral-dependent loans by class of loans, and their impact on the ACL, as of September 30, 2021: Real Estate Non-RE Total Allowance for Credit Losses Allocation Commercial and industrial $ 119 $ — $ 119 $ 40 Real estate: Construction and development 609 — 609 207 Commercial real estate 4,540 — 4,540 603 Total $ 5,268 $ — $ 5,268 $ 850 The following table presents the amortized cost basis of individually evaluated collateral-dependent loans by class of loans, and their impact on the ACL, as of December 31, 2020: Real Estate Non-RE Total Allowance for Credit Losses Allocation Commercial and industrial $ 129 $ — $ 129 $ 44 Real estate: Construction and development 609 — 609 208 Commercial real estate 9,989 — 9,989 2,048 Total $ 10,727 $ — $ 10,727 $ 2,300 The following tables summarize the payment status of loans in the Company’s total loan portfolio, including an aging of delinquent loans and loans 90 days or more past due continuing to accrue interest as of: September 30, 2021 30 to 59 Days 60 to 89 Days 90 Days Total Current Total Recorded Commercial and industrial $ 874 $ — $ 38 $ 912 $ 379,558 $ 380,470 $ — Real estate: Construction and — — 230 230 309,516 309,746 — Commercial real 197 777 258 1,232 632,121 633,353 — Farmland 149 195 28 372 135,041 135,413 — 1-4 family residential 1,407 465 569 2,441 400,962 403,403 — Multi-family residential — — — — 40,810 40,810 — Consumer 206 33 47 286 52,706 52,992 — Agricultural 31 9 20 60 14,139 14,199 — Overdrafts — — — — 495 495 — Total $ 2,864 $ 1,479 $ 1,190 $ 5,533 $ 1,965,348 $ 1,970,881 $ — December 31, 2020 30 to 59 Days 60 to 89 Days 90 Days Total Current Total Recorded Commercial and industrial $ 385 $ 25 $ 22 $ 432 $ 445,339 $ 445,771 $ — Real estate: Construction and 256 — — 256 270,151 270,407 — Commercial real 1,094 — 10,105 11,199 583,017 594,216 — Farmland 117 3 — 120 78,388 78,508 — 1-4 family residential 2,097 556 127 2,780 386,316 389,096 — Multi-family residential — — — — 21,701 21,701 — Consumer 383 124 97 604 50,440 51,044 — Agricultural 50 46 45 141 15,593 15,734 — Overdrafts — — — — 342 342 — Total $ 4,382 $ 754 $ 10,396 $ 15,532 $ 1,851,287 $ 1,866,819 $ — Troubled Debt Restructurings A troubled debt restructuring (“TDR”) is a restructuring in which a bank, for economic or legal reasons related to a borrower's financial difficulties, grants a concession to the borrower that it would not otherwise consider. The outstanding balances of TDRs are shown below: September 30, 2021 December 31, 2020 Nonaccrual TDRs $ 84 $ 90 Performing TDRs 9,522 9,626 Total $ 9,606 $ 9,716 Specific reserves on TDRs $ — $ — There was one loan modified as a TDR during the nine months ended September 30, 2021. No TDRs have subsequently defaulted during 2021, and the TDRs described above did no t increase the allowance for credit losses and did no t result in any charge-offs during the nine months ended September 30, 2021. The following table presents the loan, by class, modified as a TDR during the nine months ended September 30, 2021: Nine Months Ended September 30, 2021 Number Pre-Modification Post-Modification Troubled Debt Restructurings: Commercial and industrial 1 $ 17 $ 17 Total 1 $ 17 $ 17 The following table presents loans, by class, modified as TDRs during the year ended December 31, 2020: Year Ended December 31, 2020 Number Pre-Modification Post-Modification Troubled Debt Restructurings: Construction and development 2 $ 1,289 $ 1,081 Commercial and industrial 1 129 85 Commercial real estate 1 1,017 670 Total 4 $ 2,435 $ 1,836 There were no TDRs that subsequently defaulted during 2020 , and the TDRs described above did no t increase the allowance for credit losses and resulted in no charge-offs during the year ended December 31, 2020 .

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT	NOTE 4 - SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT At September 30, 2021 and December 31, 2020, securities sold under agreements to repurchase totaled $ 11,195 and $ 15,631 , respectively. The Company has an unsecured $ 25,000 revolving line of credit, which had a $ 3,000 outstanding balance at September 30, 2021 , bears interest at the greater of (i) the prime rate, which was 3.25 % at September 30, 2021 , or (ii) the rate floor of 3.50 %, with interest payable quarterly, and matures in March 2022. Federal Home Loan Bank (FHLB) advances, as of September 30, 2021, were as follows: Fixed rate advances, with monthly interest payments, principal due in: Year Current Principal Due 2021 0.13 % $ 40,000 2022 1.99 % 1,500 2023 — — 2024 1.76 % 6,000 2025 — — $ 47,500 There are no fixed rate advances, with monthly principal and interest payments outstanding as of September 30, 2021 .

SUBORDINATED DEBENTURES

SUBORDINATED DEBENTURES	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
SUBORDINATED DEBENTURES	NOTE 5 - SUBORDINATED DEBENTURES Subordinated debentures were made up of the following as of: September 30, 2021 December 31, 2020 Trust II Debentures $ 3,093 $ 3,093 Trust III Debentures 2,062 2,062 DCB Trust I Debentures 5,155 5,155 Other debentures 9,500 9,500 $ 19,810 $ 19,810 The Company has three trusts, Guaranty (TX) Capital Trust II (“Trust II”), Guaranty (TX) Capital Trust III (“Trust III”), and DCB Financial Trust I (“DCB Trust I”) (“Trust II”, “Trust III” and together with “DCB Trust I,” the “Trusts”). Upon formation, the Trusts issued pass-through securities (“TruPS”) with a liquidation value of $ 1,000 per share to third parties in private placements. Concurrently with the issuance of the TruPS, the Trusts issued common securities to the Company. The Trusts invested the proceeds of the sales of securities to the Company (“Debentures”). The Debentures mature approximately 30 years after the formation date, which may be shortened if certain conditions are met (including the Company having received prior approval of the Federal Reserve and any other required regulatory approvals). Trust II Trust III DCB Trust I Formation date October 30, 2002 July 25, 2006 March 29, 2007 Capital trust pass-through securities Number of shares 3,000 2,000 5,000 Original liquidation value $ 3,000 $ 2,000 $ 5,000 Common securities liquidation value 93 62 155 The securities held by the Trusts qualify as Tier 1 capital for the Company under Federal Reserve Board guidelines. The Federal Reserve’s guidelines restrict core capital elements (including trust preferred securities and qualifying perpetual preferred stock) to 25% of all core capital elements, net of goodwill less any associated deferred tax liability. Because the Company’s aggregate amount of trust preferred securities is less than the limit of 25% of Tier 1 capital, net of goodwill, the full amount is includable in Tier 1 capital at September 30, 2021 and December 31, 2020. Additionally, the terms provide that trust preferred securities would no longer qualify for Tier 1 capital within five years of their maturity, but would be included as Tier 2 capital. However, the trust preferred securities would be amortized out of Tier 2 capital by one-fifth each year and excluded from Tier 2 capital completely during the year prior to maturity of the junior subordinated debentures. With certain exceptions, the amount of the principal and any accrued and unpaid interest on the Debentures are subordinated in right of payment to the prior payment in full of all senior indebtedness of the Company. Interest on the Debentures is payable quarterly. The interest is deferrable on a cumulative basis for up to five consecutive years following a suspension of dividend payments on all other capital stock. No principal payments are due until maturity for each of the Debentures. Trust II Debentures Trust III Debentures DCB Trust I Original amount $ 3,093 $ 2,062 $ 5,155 Maturity date October 30, 2032 October 1, 2036 June 15, 2037 Interest due Quarterly Quarterly Quarterly In accordance with ASC 810, " Consolidation, " the junior subordinated debentures issued by the Company to the subsidiary trusts are shown as liabilities in the consolidated balance sheets and interest expense associated with the junior subordinated debentures is shown in the consolidated statements of earnings. Trust II Debentures Interest is payable at a variable rate per annum, reset quarterly, equal to 3 month LIBOR plus 3.35 %. On any interest payment date on or after October 30, 2012 and prior to maturity date, the debentures are redeemable for cash at the option of the Company, on at least 30 , but not more than 60 days ’ notice, in whole or in part, at a redemption price equal to 100 % of the principal amount to be redeemed, plus accrued interest to the date of redemption. Trust III Debentures Interest is payable at a variable rate per annum, reset quarterly, equal to 3 month LIBOR plus 1.67 %. On any interest payment date on or after October 1, 2016 and prior to maturity date, the debentures are redeemable for cash at the option of the Company, on at least 30 , but not more than 60 days ’ notice, in whole or in part, at a redemption price equal to 100 % of the principal amount to be redeemed, plus accrued interest to the date of redemption. DCB Trust I Debentures Interest is payable at a variable rate per annum, reset quarterly, equal to 3 month LIBOR plus 1.80 %. On any interest payment date on or after June 15, 2012 and prior to maturity date, the debentures are redeemable for cash at the option of the Company, on at least 30 , but not more than 60 days ’ notice, in whole or in part, at a redemption price equal to 100 % of the principal amount to be redeemed, plus accrued interest to the date of redemption. Other Debentures In May 2020, the Company issued $ 10,000 in debentures to directors and other related parties. The debentures were issued at a par value of $ 500 each with fixed annual rates between 1.00 % and 4.00 % and maturity dates between November 1, 2020 and November 1, 2024 . $ 500 matured in November of 2020 and $ 9,500 remain as of September 30, 2021 . At the Company’s option, and with 30 days advanced notice to the holder, the entire principal amount and all accrued interest may be paid to the holder on or before the due date of any debenture. The redemption price is equal to 100 % of the face amount of the debenture redeemed, plus all accrued interest. The scheduled principal payments and weighted average rates of other debentures are as follows: Year Current Principal Due 2022 2.45 % $ 2,000 2023 2.85 % 3,500 2024 3.74 % 4,000 $ 9,500

EQUITY AWARDS

EQUITY AWARDS	9 Months Ended
	Sep. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
EQUITY AWARDS	NOTE 6 – EQUITY AWARDS The Company’s 2015 Equity Incentive Plan (the “Plan”) was adopted by the Company and approved by its shareholders in April 2015. The maximum number of shares of common stock that may be issued pursuant to stock-based awards under the Plan equals 1,100,000 shares, all of which may be subject to incentive stock option treatment. Option awards are generally granted with an exercise price equal to the market price of the Company’s common stock at the date of grant; those option awards have vesting periods ranging from 5 to 10 years and have 10-year contractual terms. Restricted stock awards vest under the period of restriction specified within their respective award agreements as determined by the Company. Forfeitures are recognized as they occur, subject to a 90-day grace period for vested options. The fair value of each option award is estimated on the date of grant using a closed form option valuation (Black-Scholes) model that uses the assumptions noted in the table below. Expected volatilities are based on historical volatilities of the Company’s common stock and similar peer group averages. The Company uses historical data to estimate option exercise and post-vesting termination behavior. The expected term of options granted is based on historical data and represents the period of time that options granted are expected to be outstanding, which takes in to account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on U.S. Treasury yield curve in effect at the time of the grant. A summary of stock option activity in the Plan during the nine months ended September 30, 2021 and 2020 follows: Nine Months Ended September 30, 2021 Number of Weighted- Weighted- Aggregate Outstanding at beginning of year 506,200 $ 26.81 5.82 $ 1,805 Effect of 10 % stock dividend 50,770 Granted 45,500 33.49 9.59 107 Exercised ( 48,630 ) 22.89 3.82 630 Forfeited ( 19,020 ) 26.01 6.84 187 Balance, September 30, 2021 534,820 $ 25.22 5.53 $ 5,684 Exercisable at end of period 307,786 $ 23.78 4.33 $ 3,715 Nine Months Ended September 30, 2020 Number of Weighted- Weighted- Aggregate Outstanding at beginning of year 508,000 $ 26.68 6.24 $ 3,159 Granted 39,000 27.43 9.51 24 Exercised ( 3,000 ) 24.00 2.04 3 Forfeited ( 37,600 ) 29.68 8.12 24 Balance, September 30, 2020 506,400 $ 26.53 5.62 $ 304 Exercisable at end of period 302,220 $ 25.55 4.77 $ 244 A summary of nonvested stock option activity in the Plan during the nine months ended September 30, 2021 and 2020 follows: Nine Months Ended September 30, 2021 Number of Weighted-Average Outstanding at beginning of year 214,680 $ 4.46 Effect of 10 % stock dividend 23,218 Granted 45,500 5.82 Vested ( 47,344 ) ( 5.72 ) Forfeited ( 9,020 ) ( 8.06 ) Balance, September 30, 2021 227,034 $ 5.11 Nine Months Ended September 30, 2020 Number of Weighted-Average Outstanding at beginning of year 251,120 $ 4.97 Granted 39,000 3.86 Vested ( 53,340 ) ( 6.07 ) Forfeited ( 32,600 ) ( 2.20 ) Balance, September 30, 2020 204,180 $ 5.54 Information related to stock options in the Plan is as follows for the nine months ended: September 30, 2021 September 30, 2020 Intrinsic value of options exercised $ 630 $ 3 Cash received from options exercised 1,113 72 Weighted average fair value of options granted 5.82 3.86 Restricted Stock Awards and Units A summary of restricted stock activity in the Plan during the nine months ended September 30, 2021 and 2020 follows: Nine Months Ended September 30, 2021 Number of Weighted-Average Outstanding at beginning of year 35,300 $ 29.72 Effect of 10 % stock dividend 3,530 — Granted 3,500 33.09 Vested ( 7,850 ) 27.26 Forfeited — — Balance, September 30, 2021 34,480 $ 27.41 Nine Months Ended September 30, 2020 Number of Weighted-Average Outstanding at beginning of year 31,459 $ 30.29 Granted — — Vested ( 13,380 ) 30.30 Forfeited — — Balance, September 30, 2020 18,079 $ 30.28 Restricted stock granted to employees typically vests over five years , but vesting periods may vary. Compensation expense for these grants will be recognized over the vesting period of the awards based on the fair value of the stock at the issue date. As of September 30, 2021, there was $ 1,831 of total unrecognized compensation expense related to unvested stock options granted under the Plan. The expense is expected to be recognized over a weighted-average period of 3.16 years. The Company granted options and restricted stock under the Plan during the first nine months of 2021 and 2020. Expense of $ 512 and $ 494 was recorded during the nine months ended September 30, 2021 and 2020 , respectively, which represents the fair value of shares vested during those periods.

EMPLOYEE BENEFITS

EMPLOYEE BENEFITS	9 Months Ended
	Sep. 30, 2021
Compensation And Retirement Disclosure [Abstract]
EMPLOYEE BENEFITS	NOTE 7 - EMPLOYEE BENEFITS KSOP The Company maintains an Employee Stock Ownership Plan containing Section 401(k) provisions covering substantially all employees (“KSOP”). The plan provides for a matching contribution of up to 5 % of a participant’s qualified compensation starting January 1, 2016. Guaranty’s total contributions accrued or paid during the nine months ended September 30, 2021 and 2020 totaled $ 1,146 and $ 1,031 , respectively. Upon separation from service or other distributable event, a participant’s account under the KSOP may be distributed in kind in the form of the GNTY common shares allocated to his or her account (with the balance payable in cash), or the entire account can be liquidated and distributed in cash. As of September 30, 2021, the number of shares held by the KSOP was 1,287,897 . There were no unallocated shares to plan participants as of September 30, 2021, and all shares held by the KSOP were treated as outstanding. Executive Incentive Retirement Plan The Company established a non-qualified, non-contributory executive incentive retirement plan covering a selected group of key personnel to provide benefits equal to amounts computed under an “award criteria” at various targeted salary levels as adjusted for annual earnings performance of the Company. The plan is non-funded. In connection with the Executive Incentive Retirement Plan, the Company has purchased life insurance policies on the respective officers. The cash surrender value of life insurance policies held by the Company totaled $ 36,582 and $ 35,510 as of September 30, 2021 and December 31, 2020 , respectively. A gain of $ 277,000 on proceeds from these life insurance policies resulting from the death of a former bank officer was recorded for the nine months ended September 30, 2021 . No such gains were recorded during the nine months ended September 31, 2020. Expense related to these plans totaled $ 588 and $ 500 for the nine months ended September 30, 2021 and 2020, respectively, and $ 592 for the year ended December 31, 2020. This expense is included in employee compensation and benefits on the Company’s consolidated statements of earnings. The recorded liability totaled approximately $ 4,861 and $ 4,383 as of September 30, 2021 and December 31, 2020, respectively and is included in accrued interest and other liabilities on the Company’s consolidated balance sheets. Bonus Plan The Company has a bonus plan that rewards officers and employees based on performance of individual business units of the Company. Earnings and growth performance goals for each business unit and for the Company as a whole are established at the beginning of the calendar year and approved annually by Guaranty’s board of directors. The bonus plan provides for a predetermined bonus amount to be contributed to the employee bonus pool based on (i) earnings target and growth for individual business units and (ii) achieving certain pre-tax return on average equity and pre-tax return on average asset levels for the Company as a whole. These bonus amounts are established annually by Guaranty’s board of directors. The bonus expense under this plan for the nine months ended September 30, 2021 and 2020 totaled $ 3,529 and $ 1,610 , respectively. This expense is included in employee compensation and benefits on the consolidated statements of earnings.

LEASES

LEASES	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
LEASES	NOTE 8 – LEASES The Company has operating leases for bank locations, ATMs, corporate offices, and certain other arrangements, which have remaining lease terms of 1 year to 14 years . Some of the Company’s operating leases include options to extend the leases for up to 10 years . Operating leases in which we are the lessee must be recorded as right-of-use assets with corresponding lease liabilities. The right-of-use asset represents our right to utilize the underlying asset during the lease term, while the lease liability represents the present value of the obligation of the Company to make periodic lease payments over the life of the lease. The associated operating lease costs are comprised of the amortization of the right-of-use asset and the implicit interest accreted on the lease liability, which is recognized on a straight-line basis over the life of the lease. As of September 30, 2021, operating lease right-of-use assets were $ 14,810 and liabilities were $ 15,243 , and as of December 31, 2020, lease assets and liabilities were $ 13,291 and $ 13,539 , respectively, and were included within the accompanying consolidated balance sheets as components of other assets and accrued interest and other liabilities, respectively. Operating lease expense for operating leases accounted for under ASC 842 for the nine months ended September 30, 2021 and 2020 was approximately $ 1,715 and $ 1,416 , respectively, and is included as a component of occupancy expenses within the accompanying consolidated statements of earnings. The table below summarizes other information related to our operating leases as of: September 30, 2021 December 31, 2020 Operating leases Operating lease right-of-use assets $ 14,810 $ 13,291 Operating lease liabilities 15,243 13,539 Weighted average remaining lease term Operating leases 9 years 9 years Weighted average discount rate Operating leases 1.95 % 2.19 % The Company leases some of its banking facilities under non-cancelable operating leases expiring in various years through 2025 and thereafter. Minimum future lease payments under these non-cancelable operating leases as of September 30, 2021, are as follows: Year Ended December 31, Amount 2021 $ 554 2022 2,152 2023 2,090 2024 2,035 2025 1,868 Thereafter 7,441 Total lease payments 16,140 Less: interest ( 897 ) Present value of lease liabilities $ 15,243

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 9 - INCOME TAXES Income tax expense was as follows for: Three Months Ended Nine Months Ended 2021 2020 2021 2020 Income tax expense for the period $ 2,179 $ 2,350 $ 6,827 $ 3,605 Effective tax rate 19.06 % 18.82 % 18.22 % 17.09 % The effective tax rates differ from the statutory federal tax rate of 21 % for the three and nine months ended September 30, 2021 and 2020 , largely due to tax exempt interest income earned on certain investment securities and loans and the nontaxable earnings on bank owned life insurance.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2021
Derivative Instruments And Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	NOTE 10 - DERIVATIVE FINANCIAL INSTRUMENTS The Company utilizes certain derivative financial instruments. Stand-alone derivative financial instruments such as interest rate swaps, are used to economically hedge interest rate risk related to the Company’s liabilities. These derivative instruments involve both credit and market risk. The notional amounts are amounts on which calculations, payments, and the value of the derivative are based. Notional amounts do not represent direct credit exposures. Direct credit exposure is limited to the net difference between the calculated amounts to be received and paid, if any. Such difference, which represents the fair value of the derivative instruments, is reflected on the Company’s consolidated balance sheets in other liabilities. The Company is exposed to credit related losses in the event of nonperformance by the counterparties to those agreements. The Company controls the credit risk of its financial contracts through credit approvals, limits and monitoring procedures, and does not expect any counterparties to fail to perform their respective obligations. The Company entered into interest rate swaps to receive payments at a fixed rate in exchange for paying a floating rate on the debentures discussed in Note 5. Management believed that entering into the interest rate swaps exposed the Company to variability in their fair value due to changes in the level of interest rates. It was the Company’s objective to hedge the change in fair value of floating rate debentures at coverage levels that were appropriate, given anticipated or existing interest rate levels and other market considerations, as well as the relationship of change in the liability to other liabilities of the Company. During the quarter ended September 30, 2021, Guaranty terminated these interest rate swaps with notional amounts totaling $ 5,000 as of December 31, 2020, as the risk exposure declined to acceptable levels. The swaps were cancelled at an expense of $ 466 , which is included in non-interest expense in the Consolidated Statement of Earnings. The Company also entered into interest rate swaps to receive payments at a floating rate in exchange for paying a fixed rate, the objective of which is to reduce the overall cost of short-term 3-month FHLB advances that will be renewed consistent with the reset terms on the interest rate swap and that are included in the amounts in Note 4. Interest rate swaps with notional amounts totaling $ 40,000 as of September 30, 2021 and December 31, 2020 were designated as cash flow hedges of the FHLB advances. The aggregate fair value of the swaps is recorded in accrued interest and other liabilities within the Company’s consolidated balance sheets with changes in fair value recorded in other comprehensive income. The information pertaining to outstanding interest rate swap agreements used to hedge floating rate debentures and FHLB advances was as follows as of: September 30, 2021 Notional Pay Receive Effective Maturity Unrealized $ 15,000 0.668 % 3 month LIBOR 3/18/2020 1.47 $ 93 15,000 0.790 % 3 month LIBOR 3/18/2020 3.47 17 10,000 0.530 % 3 month LIBOR 3/23/2020 1.48 41 December 31, 2020 Notional Pay Receive Effective Maturity Unrealized $ 2,000 5.979 % 3 month LIBOR plus 1.67 % 10/1/2016 5.25 $ 408 3,000 7.505 % 3 month LIBOR plus 3.35 % 10/30/2012 1.83 221 15,000 0.668 % 3 month LIBOR 3/18/2020 2.22 159 15,000 0.790 % 3 month LIBOR 3/18/2020 4.22 288 10,000 0.530 % 3 month LIBOR 3/23/2020 2.23 75 Interest expense recorded on these swap transactions totaled $ 483 and $ 509 during the nine months ended September 30, 2021 and 2020, respectively. This expense is reported as a component of interest expense on the debentures and the FHLB advances and federal funds purchased. At September 30, 2021 , the Company expected none of the unrealized loss to be reclassified as a reduction of interest expense during the remainder of 2021 .

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2021
Commitments And Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 11 - COMMITMENTS AND CONTINGENCIES In the normal course of business, the Company enters into various transactions, which, in accordance with GAAP, are not included in its consolidated balance sheets. These transactions are referred to as “off-balance sheet commitments.” The Company enters into these transactions to meet the financing needs of its customers. These transactions include commitments to extend credit and letters of credit, which involve elements of credit risk in excess of the amounts recognized in the consolidated balance sheets. The Company minimizes its exposure to loss under these commitments by subjecting them to credit approval and monitoring procedures. The Company enters into contractual commitments to extend credit, normally with fixed expiration dates or termination clauses, at specified rates and for specific purposes. Customers use credit commitments to ensure that funds will be available for working capital purposes, for capital expenditures and to ensure access to funds at specified terms and conditions. Substantially all of the Company’s commitments to extend credit are contingent upon customers maintaining specific credit standards at the time of loan funding. Management considers the likelihood of commitments and letters of credit to be funded, along with credit related conditions present in the loan agreements when estimating an ACL for off-balance sheet commitments. Loan agreements executed in connection with construction loans and commercial lines of credit have standard conditions which must be met prior to the Company being required to provide additional funding, including conditions precedent that typically include: (i) no event of default or potential default has occurred; (ii) that no material adverse events have taken place that would materially affect the borrower or the value of the collateral, (iii) that the borrower remains in compliance with all loan obligations and covenants and has made no misrepresentations; (iv) that the collateral has not been damaged or impaired; (v) that the project remains on budget and in compliance with all laws and regulations; and (vi) that all management agreements, lease agreements and franchise agreements that affect the value of the collateral remain in force. If the conditions precedent have not been met, the Company retains the option to cease current draws and/or future funding. As a result of these conditions within our loan agreements, management has determined that credit risk is minimal and there is no recorded ACL as of September 30, 2021 and December 31, 2020. Letters of credit are written conditional commitments issued by the Company to guarantee the performance of a customer to a third party. The Company’s policies generally require that letters of credit arrangements contain security and debt covenants similar to those contained in loan agreements. In the event the customer does not perform in accordance with the terms of the agreement with the third party, the Company would be required to fund the commitment. The maximum potential amount of future payments the Company could be required to make is represented by the contractual amount shown in the table below. If the commitment were funded, the Company would be entitled to seek recovery from the customer. As of September 30, 2021 and December 31, 2020 , no amounts have been recorded as liabilities for the Bank’s potential obligations under these guarantees. Commitments and letters of credit outstanding were as follows as of: Contract or Notional Amount September 30, 2021 December 31, 2020 Commitments to extend credit $ 392,332 $ 324,277 Letters of credit 9,922 8,488 Litigation The Company is involved in certain claims and lawsuits occurring in the normal course of business. Management, after consultation with legal counsel, does not believe that the outcome of these actions, if determined adversely, would have a material impact on the consolidated financial statements of the Company. FHLB Letters of Credit At September 30, 2021, the Company had letters of credit of $ 35,833 pledged to secure public deposits, repurchase agreements, and for other purposes required or permitted by law.

REGULATORY MATTERS

REGULATORY MATTERS	9 Months Ended
	Sep. 30, 2021
Banking And Thrifts [Abstract]
REGULATORY MATTERS	NOTE 12 - REGULATORY MATTERS The Company on a consolidated basis and the Bank are subject to various regulatory capital requirements administered by federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities, and certain off balance sheet items as calculated under regulatory accounting practices. The Company’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The Basel III Capital Rules, a comprehensive capital framework for U.S. banking organizations, became effective for the Company and Bank on January 1, 2015, with certain transition provisions that were fully phased in on January 1, 2019. Quantitative measures established by the Basel III Capital Rules to ensure capital adequacy require the maintenance of minimum amounts and ratios (set forth in the table below) of Common Equity Tier 1 capital, Tier 1 capital and Total capital (as defined in the regulations) to risk-weighted assets (as defined), and or Tier 1 capital to adjusted quarterly average assets (as defined). Management believes, as of September 30, 2021 and December 31, 2020, that the Bank met all capital adequacy requirements to which it was subject. The Basel III Capital Rules, among other things, have (i) introduced a new capital measure called “Common Equity Tier 1” (“CET1”), (ii) specified that Tier 1 capital consist of CET1 and “Additional Tier 1 Capital” instruments meeting specified requirements, (iii) defined CET1 narrowly by requiring that most deductions/adjustments to regulatory capital measures be made to CET1 and not to the other components of capital, (iv) expanded the scope of the deductions/adjustments as compared to existing regulations, and (v) imposed a "capital conservation buffer" of 2.5 % above minimum risk-based capital requirements, below which an institution would be subject to limitations on certain activities including payment of dividends, share repurchases and discretionary bonuses to executive officers. As of September 30, 2021 and December 31, 2020, the Company’s capital ratios exceeded those levels necessary to be categorized as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized”, the Company must maintain minimum total risk-based, CET1, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the table. There are no conditions or events since September 30, 2021 that management believes have changed the Company’s category. The Federal Reserve’s guidelines regarding the capital treatment of trust preferred securities limits restricted core capital elements (including trust preferred securities and qualifying perpetual preferred stock) to 25% of all core capital elements, net of goodwill less any associated deferred tax liability. Because the Company’s aggregate amount of trust preferred securities is less than the limit of 25% of Tier 1 capital, net of goodwill, the rules permit the inclusion of $ 10,310 of trust preferred securities in Tier 1 capital as of September 30, 2021 and December 31, 2020. Additionally, the rules provide that trust preferred securities would no longer qualify for Tier 1 capital within five years of their maturity, but would be included as Tier 2 capital. However, the trust preferred securities would be amortized out of Tier 2 capital by one-fifth each year and excluded from Tier 2 capital completely during the year prior to maturity of the subordinated debentures. A comparison of the Company’s and Bank’s actual capital amounts and ratios to required capital amounts and ratios are presented in the following tables as of: Actual Minimum Required Minimum Required To Be Well Amount Ratio Amount Ratio Amount Ratio Amount Ratio September 30, 2021 Total capital to risk-weighted assets: Consolidated $ 289,390 14.13 % $ 163,886 8.00 % $ 215,100 10.50 % n/a Bank 301,528 14.71 % 164,015 8.00 % 215,270 10.50 % $ 205,019 10.00 % Tier 1 capital to risk-weighted assets: Consolidated 263,721 12.87 % 122,914 6.00 % 174,129 8.50 % n/a Bank 275,839 13.45 % 123,011 6.00 % 174,266 8.50 % 164,015 8.00 % Tier 1 capital to average assets: (1) Consolidated 263,721 9.06 % 116,422 4.00 % 116,422 4.00 % n/a Bank 275,839 9.48 % 116,418 4.00 % 116,418 4.00 % 145,523 5.00 % Common equity tier 1 capital to risk-weighted assets: Consolidated 253,411 12.37 % 92,186 4.50 % 143,400 7.00 % n/a Bank 275,839 13.45 % 92,259 4.50 % 143,513 7.00 % 133,262 6.50 % (1) The Tier 1 capital ratio (to average assets) is not impacted by the Basel III Capital Rules; however, the Federal Reserve and the FDIC may require the Consolidated Company and the Bank, respectively, to maintain a Tier 1 capital ratio (to average assets) above the required minimum. Actual Minimum Required Minimum Required To Be Well Amount Ratio Amount Ratio Amount Ratio Amount Ratio December 31, 2020 Total capital to risk-weighted assets: Consolidated $ 263,144 13.20 % $ 159,496 8.00 % $ 209,338 10.50 % n/a Bank 285,490 14.32 % 159,514 8.00 % 209,362 10.50 % $ 199,392 10.00 % Tier 1 capital to risk-weighted assets: Consolidated 238,115 11.94 % 119,622 6.00 % 169,464 8.50 % n/a Bank 260,459 13.06 % 119,635 6.00 % 169,483 8.50 % 159,514 8.00 % Tier 1 capital to average assets: (1) Consolidated 238,115 9.13 % 104,293 4.00 % 104,293 4.00 % n/a Bank 260,459 9.99 % 104,293 4.00 % 104,293 4.00 % 130,366 5.00 % Common equity tier 1 capital to risk-weighted assets: Consolidated 227,805 11.43 % 89,716 4.50 % 139,559 7.00 % n/a Bank 260,459 13.06 % 89,726 4.50 % 139,574 7.00 % 129,605 6.50 % (1) The Tier 1 capital ratio (to average assets) is not impacted by the Basel III Capital Rules; however, the Federal Reserve and the FDIC may require the Consolidated Company and the Bank, respectively, to maintain a Tier 1 capital ratio (to average assets) above the required minimum. Dividends paid by Guaranty are mainly provided by dividends from its subsidiaries. However, certain regulatory restrictions exist regarding the ability of its bank subsidiary to transfer funds to Guaranty in the form of cash dividends, loans or advances. The amount of dividends that a subsidiary bank organized as a national banking association, such as the Bank, may declare in a calendar year is the subsidiary bank’s net profits for that year combined with its retained net profits for the preceding two years.

FAIR VALUE

FAIR VALUE	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE	NOTE 13 - FAIR VALUE Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1 - Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 - Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 - Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Company used the following methods and significant assumptions to estimate fair value: Marketable Securities : The fair values for marketable securities are determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values are calculated based on market prices of similar securities (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). Loans Held For Sale : Loans held for sale are carried at the lower of cost or fair value, which is evaluated on a pool-level basis. The fair value of loans held for sale is determined using quoted prices for similar assets, adjusted for specific attributes of that loan or other observable market data, such as outstanding commitments from third party investors (Level 2). Derivative Instruments : The fair values of derivatives are based on valuation models using observable market data as of the measurement date (Level 2). Other Real Estate Owned : Assets acquired through or instead of loan foreclosure are initially recorded at fair value less costs to sell when acquired, establishing a new cost basis. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. Fair value is commonly based on recent real estate appraisals which are updated no less frequently than annually. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Real estate owned properties are evaluated on a quarterly basis for additional impairment and adjusted accordingly (Level 3). Individually Evaluated Collateral Dependent Loans : The fair value of individually evaluated collateral dependent loans is generally based on the fair value of collateral, less costs to sell. The fair value of real estate collateral is determined using recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant (Level 3). Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business (Level 3). The following tables summarize quantitative disclosures about the fair value measurements for each category of financial assets (liabilities) carried at fair value: As of September 30, 2021 Fair Value Quoted Significant Significant Assets (liabilities) at fair value on a recurring basis: Available for sale securities: Mortgage-backed securities $ 159,142 $ — $ 159,142 $ — Collateralized mortgage obligations 64,623 — 64,623 — Corporate bonds 35,246 — 35,246 — U.S. government agencies 10,059 — 10,059 — Loans held for sale 1,903 — — 1,903 Cash surrender value of life insurance 36,582 — 36,582 — SBA servicing assets 808 — — 808 Derivative instrument liabilities ( 151 ) — ( 151 ) — Assets at fair value on a nonrecurring basis: Individually evaluated collateral dependent loans 4,418 — — 4,418 As of December 31, 2020 Fair Value Quoted Significant Significant Assets (liabilities) at fair value on a recurring basis: Available for sale securities: Mortgage-backed securities $ 107,164 $ — $ 107,164 $ — Collateralized mortgage obligations 66,945 — 66,945 — Municipal securities 175,704 — 175,704 — Corporate bonds 30,982 — 30,982 — Loans held for sale 5,542 — — 5,542 Cash surrender value of life insurance 35,510 — 35,510 — SBA servicing assets 763 — — 763 Derivative instrument assets 629 — 629 — Derivative instrument liabilities ( 1,151 ) — ( 1,151 ) — Assets at fair value on a nonrecurring basis: Individually evaluated collateral dependent loans 8,427 — — 8,427 There were no transfers between Level 2 and Level 3 during the nine months ended September 30, 2021 or for the year ended December 31, 2020. Nonfinancial Assets and Nonfinancial Liabilities Nonfinancial assets measured at fair value on a nonrecurring basis during the nine months ended September 30, 2021 and 2020 include certain foreclosed assets which, upon initial recognition, were remeasured and reported at fair value through a charge-off to the allowance for credit losses and certain foreclosed assets which, subsequent to their initial recognition, were remeasured at fair value through a write-down included in current earnings. The fair value of a foreclosed asset is estimated using Level 2 inputs based on observable market data or Level 3 inputs based on customized discounting criteria. The following table presents foreclosed assets that were remeasured and recorded at fair value as of: September 30, December 31, September 30, Other real estate owned remeasured at initial recognition: Carrying value of other real estate owned prior to remeasurement $ — $ 42 $ — Charge-offs recognized in the allowance for credit losses — ( 9 ) — Fair value of other real estate owned remeasured at initial recognition $ — $ 33 $ — Other real estate owned remeasured subsequent to initial recognition: Carrying value of other real estate owned prior to remeasurement $ — $ 62 $ 62 Write-downs included in collection and other real estate owned expense — ( 1 ) ( 1 ) Fair value of other real estate owned remeasured subsequent to initial recognition $ — $ 61 $ 61 The following table presents quantitative information about nonrecurring Level 3 fair value measurements as of: September 30, 2021 Fair Value Valuation Unobservable Input(s) Range Other real estate owned $ 40 Appraisal value of collateral Selling costs or other normal adjustments 10 %- 20 % ( 16 %) December 31, 2020 Fair Value Valuation Unobservable Input(s) Range Other real estate owned $ 404 Appraisal value of collateral Selling costs or other normal adjustments 10 %- 20 % ( 16 %) The following table presents information on individually evaluated collateral dependent loans as of September 30, 2021: Fair Value Measurements Using Level 1 Level 2 Level 3 Total Fair Value Commercial and industrial $ — $ — $ 79 $ 79 Real estate: Construction and development — — 402 402 Commercial real estate — — 3,937 3,937 Total $ — $ — $ 4,418 $ 4,418 The carrying amounts and estimated fair values of financial instruments not previously discussed in this note, as of September 30, 2021 and December 31, 2020, are as follows: Fair value measurements as of Carrying Level 1 Level 2 Level 3 Total Financial assets: Cash, due from banks, federal funds sold and interest-bearing deposits $ 408,875 $ 408,875 $ — $ — $ 408,875 Marketable securities held to maturity 173,676 — 182,631 — 182,631 Loans, net 1,938,268 — — 1,949,191 1,949,191 Accrued interest receivable 7,673 — 7,673 — 7,673 Nonmarketable equity securities 14,061 — 14,061 — 14,061 Financial liabilities: Deposits $ 2,563,071 $ 2,221,716 $ 342,153 $ — $ 2,563,869 Securities sold under repurchase agreements 11,195 — 11,195 — 11,195 Accrued interest payable 555 — 555 — 555 Federal Home Loan Bank advances 47,500 — 47,653 — 47,653 Subordinated debentures 19,810 — 17,813 — 17,813 Fair value measurements as of Carrying Level 1 Level 2 Level 3 Total Financial assets: Cash, due from banks, federal funds sold and interest-bearing deposits $ 351,792 $ 351,792 $ — $ — $ 351,792 Loans, net 1,831,737 — — 1,846,868 1,846,868 Accrued interest receivable 9,834 — 9,834 — 9,834 Nonmarketable equity securities 14,095 — 14,095 — 14,095 Financial liabilities: Deposits $ 2,286,390 $ 1,907,587 $ 380,570 $ — $ 2,288,157 Securities sold under repurchase agreements 15,631 — 15,631 — 15,631 Accrued interest payable 804 — 804 — 804 Federal Home Loan Bank advances 109,101 — 109,381 — 109,381 Subordinated debentures 19,810 — 17,406 — 17,406 The methods and assumptions, not previously presented, used to estimate fair values are described as follows: Cash and Cash Equivalents The carrying amounts of cash and short-term instruments approximate fair values (Level 1). Loans, net The fair value of fixed-rate loans and variable-rate loans that reprice on an infrequent basis is estimated by discounting future cash flows using the current interest rates at which similar loans with similar terms would be made to borrowers of similar credit quality (Level 3). Cash Surrender Value of Life Insurance The carrying amounts of bank-owned life insurance approximate their fair value (Level 2). Nonmarketable Equity Securities It is not practical to determine the fair value of Independent Bankers Financial Corporation, Federal Home Loan Bank, Federal Reserve Bank and other stock due to restrictions placed on its transferability. Deposits and Securities Sold Under Repurchase Agreements The fair values disclosed for demand deposits (e.g., interest and non-interest checking, passbook savings, and certain types of money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amount) (Level 1). The fair values of deposit liabilities with defined maturities are estimated by discounting future cash flows using interest rates currently offered for deposits of similar remaining maturities (Level 2). Other Borrowings The fair value of borrowings, consisting of lines of credit, Federal Home Loan Bank advances and Subordinated debentures is estimated by discounting future cash flows using currently available rates for similar financing (Level 2). Accrued Interest Receivable/Payable The carrying amounts of accrued interest approximate their fair values (Level 2). Off-balance Sheet Instruments Fair values for off-balance sheet, credit-related financial instruments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The fair value of commitments is not material.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 14 - EARNINGS PER SHARE Basic earnings per share is computed by dividing net earnings available to common shareholders by the weighted-average common shares outstanding for the period. Diluted earnings per share reflects the maximum potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock and would then share in the net earnings of the Company. Dilutive share equivalents include stock-based awards issued to employees. Stock options granted by the Company are treated as potential shares in computing earnings per share. Diluted shares outstanding include the dilutive effect of in-the-money awards which is calculated based on the average share price for each fiscal period using the treasury stock method. Under the treasury stock method, the amount that the employee must pay for exercising stock options, the amount of compensation cost for future service that the Company has not yet recognized, and the amount of tax impact that would be recorded in additional paid-in capital when the award becomes deductible are assumed to be used to repurchase shares. The computations of basic and diluted earnings per share for the Company were as follows for the: Three Months Ended Nine Months Ended 2021 2020 2021 2020 Numerator: Net earnings (basic) $ 9,253 $ 10,134 $ 30,647 $ 17,487 Net earnings (diluted) $ 9,253 $ 10,134 $ 30,647 $ 17,487 Denominator: Weighted-average shares outstanding (basic)* 12,067,769 12,113,266 12,054,426 12,271,889 Effect of dilutive securities: Common stock equivalent shares from stock options 143,620 — 155,058 — Weighted-average shares outstanding (diluted)* 12,211,389 12,113,266 12,209,484 12,271,889 Net earnings per share Basic $ 0.77 $ 0.84 $ 2.54 $ 1.43 Diluted $ 0.76 $ 0.84 $ 2.51 $ 1.43 * Periods prior to the stock dividend issued during the first quarter of 2021 have been adjusted to give effect to the 10 % stock dividend.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation : The consolidated financial statements in this Quarterly Report on Form 10-Q (this “Report”) include the accounts of Guaranty, the Bank, and their respective other direct and indirect subsidiaries and any other entities in which Guaranty has a controlling interest. The Bank has six wholly-owned non-bank subsidiaries, Guaranty Company, Inc., G B COM, INC., 2800 South Texas Avenue LLC, Pin Oak Realty Holdings, Inc., Pin Oak Asset Management, LLC (formerly Pin Oak Energy Holdings, LLC) and White Oak Aviation, LLC. All significant intercompany balances and transactions have been eliminated in consolidation. The accounting and financial reporting policies followed by the Company conform, in all material respects, to accounting principles generally accepted in the United States of America (“GAAP”) and to general practices within the financial services industry. The consolidated financial statements in this report have not been audited by an independent registered public accounting firm, but in the opinion of management, reflect all adjustments necessary for a fair presentation of the Company’s financial position and results of operations. All such adjustments were of a normal and recurring nature. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q adopted by the Securities and Exchange Commission (“SEC”). Accordingly, the financial statements do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Company’s consolidated financial statements, and notes thereto, for the year ended December 31, 2020, included in Guaranty’s Annual Report on Form 10-K for the year ended December 31, 2020. Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period. All dollar amounts referenced and discussed in the notes to the consolidated financial statements in this report are presented in thousands, unless noted otherwise. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates and assumptions may also affect disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.
Covid- 19	COVID-19 : On March 11, 2020, the World Health Organization declared the outbreak of a novel coronavirus (“COVID-19”) as a global pandemic, of which virus variants continue to spread through the United States and around the world. The declaration of a global pandemic indicates that almost all public commerce and business activities must be, to varying degrees, curtailed with the goal of decreasing the rate of new infections. The outbreak of COVID-19, and its subsequent variants, could adversely impact a broad range of industries in which the Company’s customers operate and impair their ability to fulfill their financial obligations to the Company. Government leaders and the Federal Reserve have taken several actions designed to mitigate the economic fallout resulting from the coronavirus. The Coronavirus Aid, Relief and Economic Security (“CARES”) Act, signed into law on March 27, 2020, authorized more than $ 2 trillion to battle COVID-19 and its economic effects, including immediate cash relief for individual citizens, loan programs for small businesses, support for hospitals and other medical providers, and various types of economic relief for impacted businesses and industries. The goal of CARES Act was to prevent severe economic downturn. The CARES Act also provided for temporary interest only or payment deferral modifications for loans without classifying them as troubled debt restructurings under current accounting rules. Additional government-backed hardship relief measures were signed into law in early 2021, as well as extension of many of the CARES Act provisions. Due to the COVID-19 pandemic, market interest rates declined significantly, with the 10-year Treasury bond falling below 1.00% on March 3, 2020 for the first time. On March 16, 2020, the Federal Open Market Committee reduced the target federal funds rate range to 0.00 % to 0.25 %, at which it remains as of September 30, 2021. These reductions in interest rates and other effects of the COVID-19 outbreak may adversely affect the Company’s financial condition and results of operations, as well as business and consumer confidence. As a result of the spread of COVID-19 and its variants, economic uncertainties have arisen which can negatively impact net interest income and noninterest income. Other financial impacts could occur though such potential impact remains unknown at this time.
Allowance for Credit Losses	Allowance for Credit Losses: Held to Maturity Debt Securities The allowance for credit losses on held to maturity securities is a contra-asset valuation account that is deducted from the amortized cost basis of held to maturity securities to present management's best estimate of the net amount expected to be collected. Held to maturity securities are charged-off against the allowance when deemed uncollectible. Adjustments to the allowance are reported in our income statement as a component of provision for credit losses. Management measures expected credit losses on held to maturity securities on a collective basis by major security type with each types sharing similar risk characteristics and considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. Management has made the accounting policy election to exclude accrued interest receivable on held to maturity securities from the estimate of credit losses. Available for Sale Debt Securities For available for sale debt securities in an unrealized loss position, the Company first assesses whether or not it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the securities amortized cost basis is written down to fair value through income. For available for sale debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of the cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected are less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as provisions for or reversal of credit loss expense. Losses are charged against the allowance when management believes a security is uncollectible or when either of the criteria regarding intent to sell or required to sell is met. Accrued interest receivable on securities is excluded from the estimate of credit losses. Loans The allowance for credit losses is a valuation account that is deducted from the loans' amortized cost basis to present the net amount expected to be collected over the lifetime of the loans. Loans are charged off against the allowance when management believes the uncollectibility of a loan balance is confirmed. Recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. Subsequent recoveries, if any, are credited to the allowance. Management estimates the allowance balance using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. We use the weighted-average remaining maturity method (WARM method) as the basis for the estimation of expected credit losses. The WARM method uses a historical average annual charge-off rate. This average annual charge-off rate contains loss content over a historical lookback period and is used as a foundation for estimating the credit loss reserve for the remaining outstanding balances of loans in a segment at the balance sheet date. The average annual charge-off rate is applied to the contractual term, further adjusted for estimated prepayments, to determine the unadjusted historical charge-off rate. The calculation of the unadjusted historical charge-off rate is then adjusted for current conditions and for reasonable and supportable forecast periods. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as for changes in environmental conditions, such as changes in unemployment rates, property values, or other relevant factors. These qualitative factors serve to compensate for additional areas of uncertainty inherent in the portfolio that are not reflected in our historic loss factors. The allowance for credit losses is measured on a collective (pool or segment) basis when similar risk characteristics exist. Our loan portfolio segments include both regulatory call report codes and by internally identified risk ratings for our commercial loan segments and by delinquency status for our consumer loan segments. We also have separately identified our mortgage warehouse loans, internally originated SBA loans, SBA loans acquired from Westbound Bank in 2018 and loans originated under the Paycheck Protection Program ("PPP") for inherent risk analysis. Accrued interest receivable on loans is excluded from the estimate of credit losses. Below is a summary of the segments and certain of the inherent risks in the Company’s loan portfolio: Commercial and industrial: This portfolio segment includes general secured and unsecured commercial loans which are not secured by real estate or may be secured by real estate but made for the primary purpose of a short term revolving line of credit. Credit risk inherent in this portfolio segment include fluctuations in the local and national economy. Construction and development: This portfolio segment includes all loans for the purpose of construction, including both business and residential structures; and real estate development loans, including non-agricultural vacant land. Credit risk inherent in this portfolio include fluctuations in property values, unemployment, and changes in the local and national economy. Commercial real estate: The commercial real estate portfolio segment includes all commercial loans that are secured by real estate, other than those included in the construction and development, farmland, multi-family, and 1-4 family residential segments. Risks inherent in this portfolio segment include fluctuations in property values and changes in the local and national economy impacting the sale of the finished structures. Farmland: The farmland portfolio includes loans that are secured by real estate that is used or usable for agricultural purposes, including land used for crops, livestock production, grazing & pastureland and timberland. This segment includes land with a 1-4 family residential structure if the value of the land exceeds the value of the residence. Risks inherent in this portfolio segment include adverse changes in climate, fluctuations in feed and cattle prices and changes in property values. Consumer: This portfolio segment consists of non-real estate loans to consumers. This includes secured and unsecured loans such as auto and personal loans. The risks inherent in this portfolio segment include those factors that would impact the consumer’s ability to meet their obligations under the loan. These include increases in the local unemployment rate and fluctuations in consumer and business sales. 1-4 family residential: This portfolio segment includes loans to both commercial and consumer borrowers secured by real estate for housing units of up to four families. Risks inherent in this portfolio segment include increases in the local unemployment rate, changes in the local economy and factors that would impact the value of the underlying collateral, such as changes in property values. Multi-family residential: This portfolio segment includes loans secured by structures containing five or more residential housing units. Risks inherent in this portfolio segment include increases to the local unemployment rate, changes in the local economy, and factors that would impact property values. Agricultural: The agricultural portfolio segment includes loans to individuals and companies in the dairy and cattle industries and farmers. Loans in the segment are secured by collateral including cattle, crops and equipment. Risks inherent in this portfolio segment include adverse changes in climate and fluctuations in feed and cattle prices. The following groups of loans are considered to carry specific similar inherent risk characteristics, which the Bank considers separately during its calculation of the allowance for credit losses. These groups of loans are reported within the segments identified in the previous table. Mortgage Warehouse: The mortgage warehouse portfolio includes loans in which we purchase mortgage loan ownership interests from unaffiliated mortgage originators that are generally held by us for a period of less than 30-days, typically 5-10 days before they are sold to an approved investor. These loans are consistently underwritten based on standards established by the approved investor. Risks inherent in this portfolio include borrower or mortgage originator fraud. SBA – Acquired Loans The SBA – acquired loans segment consists of partially SBA guaranteed loans that were acquired from Westbound Bank in June 2018. These loans are commercial real estate and commercial and industrial in nature and were underwritten with guidelines that are less conservative than our Company. Risks inherent in this portfolio include increases in interest rates, as most are variable rate loans, generally lower levels of borrower equity, less conservative underwriting guidelines, fluctuations in real estate values and changes in the local and national economy. SBA – Originated Loans The SBA – originated loans segment consists of loans that are partially guaranteed by the SBA and were originated and underwritten by Guaranty Bank & Trust loan officers. Risks inherent in this portfolio include increases in interest rates due to variable rate structures, generally lower levels of borrower equity or net worth, fluctuations in real estate values and changes in the local and national economy. SBA – Paycheck Protection Program Loans Loans originated under the PPP are 100 % government guaranteed by the SBA. As a result, the loans are excluded from the segments above and a minimal reserve estimate was applied to this segment of loans for purposes of calculating the credit loss provision. In general, the loans in our portfolio have low historical credit losses. The credit quality of loans in our portfolio is impacted by delinquency status and debt service coverage generated by our borrowers’ businesses and fluctuations in the value of real estate collateral. Management considers delinquency status to be the most meaningful indicator of the credit quality of one-to-four single family residential, home equity loans and lines of credit and other consumer loans. In general, these types of loans do not begin to show signs of credit deterioration or default until they have been outstanding for some period of time, a process we refer to as “seasoning.” As a result, a portfolio of older loans will usually behave more predictably than a portfolio of newer loans. We consider the majority of our consumer type loans to be “seasoned” and that the credit quality and current level of delinquencies and defaults represents the level of reserve needed in the allowance for credit losses. If delinquencies and defaults were to increase, we may be required to increase our provision for credit losses, which would adversely affect our results of operations and financial condition. Delinquency statistics are updated at least monthly. Internal risk ratings are considered the most meaningful indicator of credit quality for new commercial and industrial, construction, and commercial real estate loans. Internal risk ratings are a key factor that impact management’s estimates of loss factors used in determining the amount of the allowance for credit losses. Internal risk ratings are updated on a continuous basis. Loans that do not share risk characteristics are evaluated on an individual basis. Loans evaluated individually are not also included in the collective evaluation. When management determines that foreclosure is probable, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. Credit Quality Indicators - The Company monitors the credit quality of the loans in the various segments by identifying and evaluating credit quality indicators specific to each segment class. This information is incorporated into management’s analysis of the adequacy of the allowance for credit losses. Information for the credit quality indicators is updated monthly or quarterly for classified assets and at least annually for the remainder of the portfolio. The following is a discussion of the primary credit quality indicators most closely monitored for the loan portfolio, by class: Commercial and industrial: In assessing risk associated with commercial loans, management considers the business’s cash flow and the value of the underlying collateral to be the primary credit quality indicators. Construction and development: In assessing the credit quality of construction loans, management considers the ability of the borrower to make principal and interest payments in the event that they are unable to sell the completed structure to be a primary credit quality indicator. For real estate development loans, management also considers the likelihood of the successful sale of the constructed properties in the development. Commercial real estate: Management considers the strength of the borrower’s cash flows, changes in property values and occupancy status to be key credit quality indicators of commercial real estate loans. Farmland: In assessing risk associated with farmland loans, management considers the borrower’s cash flows and underlying property values to be key credit quality indicators. Consumer: Management considers delinquency status to be the primary credit quality indicator of consumer loans. Others include the debt to income ratio of the borrower, the borrower’s credit history, the availability of other credit to the borrower, the borrower’s past-due history, and, if applicable, the value of the underlying collateral to be primary credit quality indicators. 1-4 family residential: Management considers delinquency status to be the primary credit quality indicator of 1-4 family residential loans. Others include changes in the local economy, changes in property values, and changes in local unemployment rates to be key credit quality indicators of the loans in the 1-4 family residential loan segment. Multi-family residential: Management considers changes in the local economy, changes in property values, vacancy rates and changes in local unemployment rates to be key credit quality indicators of the loans in the multifamily loan segment. Agricultural: In assessing risk associated with agricultural loans, management considers the borrower’s cash flows, the value of the underlying collateral and sources of secondary repayment to be primary credit quality indicators. From time to time, we modify our loan agreement with a borrower. A modified loan is considered a troubled debt restructuring when two conditions are met: (i) the borrower is experiencing financial difficulty and (ii) concessions are made by us that would not otherwise be considered for a borrower with similar credit risk characteristics. Modifications to loan terms may include a lower interest rate, a reduction of principal, or a longer term to maturity. We review each troubled debt restructured loan and determine on a case by case basis if the loan can be grouped with its like segment for allowance consideration or whether it should be individually evaluated for a specific allowance for credit loss allocation. If individually evaluated, an allowance for credit loss allocation is based on either the present value of estimated future cash flows or the estimated fair value of the underlying collateral. In response to the COVID-19 pandemic, the Bank provided financial relief to many of its customers through a 3-month principal and interest payment deferral program or an up to 6-month interest only program. Pursuant to the CARES Act and the April 7, 2020 Interagency guidance and GAAP, these loan modifications, and certain subsequent modifications, are not considered to be troubled debt restructurings. Reserve for Unfunded Commitments The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancelable by the Company. The allowance for credit losses on off balance sheet credit exposures is adjusted as a provision for credit loss expense. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Effect of Stock Splits and Stock Dividends on Prior Period Presentation : Earnings and dividends per share and weighted average shares outstanding are presented as if all stock splits and stock dividends were effective from the earliest period presented through the date of issuance of the financial statements. Unless indicated otherwise, other share amounts have not been adjusted.

MARKETABLE SECURITIES (Tables)

MARKETABLE SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2021
Investments Debt And Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Value of Securities Available for Sale and Held to Maturity Securities	The following tables summarize the amortized cost and fair value of available for sale and held to maturity securities as of September 30, 2021 and securities available for sale as of December 31, 2020 and the corresponding amounts of gross unrealized gains and losses: September 30, 2021 Amortized Gross Gross Estimated Available for sale: U.S. government agencies $ 10,013 $ 46 $ — $ 10,059 Corporate bonds 34,105 1,233 92 35,246 Mortgage-backed securities 157,846 2,143 847 159,142 Collateralized mortgage obligations 63,272 1,405 54 64,623 Total available for sale $ 265,236 $ 4,827 $ 993 $ 269,070 Held to maturity: Municipal securities $ 170,634 $ 9,139 $ 147 $ 179,626 Mortgage-backed securities 3,042 — 37 3,005 Total held to maturity $ 173,676 $ 9,139 $ 184 $ 182,631 December 31, 2020 Amortized Gross Gross Estimated Available for sale: Corporate bonds $ 29,608 $ 1,382 $ 8 $ 30,982 Municipal securities 164,668 11,036 — 175,704 Mortgage-backed securities 104,210 3,041 87 107,164 Collateralized mortgage obligations 64,611 2,335 1 66,945 Total available for sale $ 363,097 $ 17,794 $ 96 $ 380,795
Schedule of Securities with Gross Unrealized Losses	Information pertaining to securities with gross unrealized losses as of September 30, 2021 and December 31, 2020, for which no allowance for credit losses has been recorded, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position is detailed in the following tables: Less Than 12 Months 12 Months or Longer Total September 30, 2021 Gross Estimated Gross Estimated Gross Estimated Available for sale: Corporate bonds $ ( 92 ) $ 7,678 $ — $ — $ ( 92 ) $ 7,678 Mortgage-backed securities ( 803 ) 68,150 ( 44 ) 3,276 ( 847 ) 71,426 Collateralized mortgage obligations ( 54 ) 18,203 — — ( 54 ) 18,203 Total available for sale $ ( 949 ) $ 94,031 $ ( 44 ) $ 3,276 $ ( 993 ) $ 97,307 Held to maturity: Municipal securities $ ( 147 ) $ 4,381 $ — $ — $ ( 147 ) $ 4,381 Mortgage-backed securities ( 37 ) 3,006 — — ( 37 ) 3,006 Total held to maturity $ ( 184 ) $ 7,387 $ — $ — $ ( 184 ) $ 7,387 Less Than 12 Months 12 Months or Longer Total December 31, 2020 Gross Estimated Gross Estimated Gross Estimated Available for sale: Corporate bonds $ ( 8 ) $ 2,493 $ — $ — $ ( 8 ) $ 2,493 Mortgage-backed securities ( 87 ) 25,775 — — ( 87 ) 25,775 Collateralized mortgage obligations — — ( 1 ) 106 ( 1 ) 106 Total available for sale $ ( 95 ) $ 28,268 $ ( 1 ) $ 106 $ ( 96 ) $ 28,374
Investments Classified by Contractual Maturity Date	The contractual maturities at September 30, 2021 of available for sale securities at carrying value and estimated fair value are shown below. The Company invests in mortgage-backed securities and collateralized mortgage obligations that have expected maturities that differ from their contractual maturities. These differences arise because borrowers and/or issuers may have the right to call or prepay their obligation with or without call or prepayment penalties. Available for Sale Held to Maturity September 30, 2021 Amortized Estimated Amortized Estimated Due within one year $ — $ — $ 4,802 $ 4,868 Due after one year through five years 14,645 15,430 48,612 50,466 Due after five years through ten years 29,473 29,875 50,369 53,350 Due after ten years — — 66,851 70,942 Mortgage-backed securities 157,846 159,142 3,042 3,005 Collateralized mortgage obligations 63,272 64,623 — — Total securities $ 265,236 $ 269,070 $ 173,676 $ 182,631

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Summary of Loan Portfolio by Type of Loan	The following table summarizes the Company’s loan portfolio by type of loan as of: September 30, 2021 December 31, 2020 Commercial and industrial $ 308,647 $ 356,291 Real estate: Construction and development 309,746 270,407 Commercial real estate 633,353 594,216 Farmland 135,413 78,508 1-4 family residential 403,403 389,096 Multi-family residential 40,810 21,701 Consumer 52,992 51,044 Agricultural 14,199 15,734 Warehouse lending (1) 71,823 89,480 Overdrafts 495 342 Total loans (2) 1,970,881 1,866,819 Net of: Deferred loan fees, net ( 1,992 ) ( 1,463 ) Allowance for credit losses ( 30,621 ) ( 33,619 ) Total net loans (2) $ 1,938,268 $ 1,831,737 (1) Warehouse lending is presented as a component of commercial and industrial loans on remaining tables. (2) Excludes accrued interest receivable on loans of $ 5.8 million and $ 7.0 million as of September 30, 2021 and December 31, 2020, respectively, which is presented separately on the consolidated balance sheets.
Schedule of Allowance for Credit Losses Activity	The Company’s estimate of the allowance for credit losses (“ACL”) reflects losses expected over the remaining contractual life of the assets. The contractual term does not consider extensions, renewals or modifications unless the Company has identified an expected troubled debt restructuring. The following tables present the activity in the ACL by class of loans for the nine months ended September 30, 2021, for the year ended December 31, 2020 and for the nine months ended September 30, 2020: For the Nine Months Ended Commercial Construction Commercial Farmland 1-4 family Multi-family Consumer Agricultural Overdrafts Total Allowance for credit losses: Beginning balance $ 4,033 $ 4,735 $ 15,780 $ 1,220 $ 6,313 $ 363 $ 929 $ 239 $ 7 $ 33,619 Provision for credit losses ( 268 ) ( 774 ) ( 670 ) 365 ( 559 ) 213 ( 61 ) ( 73 ) 127 ( 1,700 ) Loans charged-off ( 300 ) — ( 816 ) — — — ( 113 ) — ( 173 ) ( 1,402 ) Recoveries 15 1 11 — — — 32 — 45 104 Ending balance $ 3,480 $ 3,962 $ 14,305 $ 1,585 $ 5,754 $ 576 $ 787 $ 166 $ 6 $ 30,621 For the Year Ended Commercial Construction Commercial Farmland 1-4 family Multi-family Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance, prior to adoption of ASC 326 $ 2,056 $ 2,378 $ 6,853 $ 570 $ 3,125 $ 409 $ 602 $ 197 $ 12 $ 16,202 Impact of adopting ASC 326 546 323 2,228 26 1,339 ( 50 ) 72 73 ( 9 ) 4,548 Provision for credit losses 1,398 2,034 6,698 624 1,915 4 373 ( 33 ) 187 13,200 Loans charged-off ( 68 ) — — — ( 68 ) — ( 155 ) ( 18 ) ( 234 ) ( 543 ) Recoveries 101 — 1 — 2 — 37 20 51 212 Ending balance $ 4,033 $ 4,735 $ 15,780 $ 1,220 $ 6,313 $ 363 $ 929 $ 239 $ 7 $ 33,619 For the Nine Months Ended Commercial Construction Commercial Farmland 1-4 family Multi-family Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance $ 2,056 $ 2,378 $ 6,853 $ 570 $ 3,125 $ 409 $ 602 $ 197 $ 12 $ 16,202 Impact of adopting ASC 326 546 323 2,228 26 1,339 ( 50 ) 72 73 ( 9 ) 4,548 Provision for credit losses 1,366 2,228 6,613 694 1,778 ( 34 ) 407 59 89 13,200 Loans charged-off ( 43 ) — — — ( 59 ) — ( 136 ) ( 18 ) ( 128 ) ( 384 ) Recoveries 93 — 1 — 2 — 30 20 45 191 Ending balance $ 4,018 $ 4,929 $ 15,695 $ 1,290 $ 6,185 $ 325 $ 975 $ 331 $ 9 $ 33,757
Summary of Credit Exposure	The following table summarizes the credit exposure in the Company’s loan portfolio, by year of origination, as of September 30, 2021: September 30, 2021 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Total Commercial and industrial: Pass $ 199,537 $ 40,901 $ 20,982 $ 9,595 $ 4,333 $ 17,616 $ 86,768 $ 379,732 Special mention — 96 — — 21 — — 117 Substandard — 278 60 196 43 5 — 582 Nonaccrual — — — 25 — 14 — 39 Total commercial and industrial loans $ 199,537 $ 41,275 $ 21,042 $ 9,816 $ 4,397 $ 17,635 $ 86,768 $ 380,470 Charge-offs $ — $ — $ ( 167 ) $ ( 67 ) $ ( 19 ) $ — $ ( 47 ) $ ( 300 ) Recoveries — — — — — — 15 15 Current period net $ — $ — $ ( 167 ) $ ( 67 ) $ ( 19 ) $ — $ ( 32 ) $ ( 285 ) Construction and development: Pass $ 153,740 $ 78,121 $ 29,164 $ 7,149 $ 16,405 $ 14,347 $ 8,313 $ 307,239 Special mention — 710 — — 955 — — 1,665 Substandard — — 609 3 — — — 612 Nonaccrual — — 230 — — — — 230 Total construction and development loans $ 153,740 $ 78,831 $ 30,003 $ 7,152 $ 17,360 $ 14,347 $ 8,313 $ 309,746 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — 1 — 1 Current period net $ — $ — $ — $ — $ — $ 1 $ — $ 1 Commercial real estate: Pass $ 100,853 $ 98,665 $ 80,197 $ 64,919 $ 44,565 $ 176,005 $ 14,699 $ 579,903 Special mention 398 — — 2,439 4,591 1,629 — 9,057 Substandard — 7,040 — 10,124 13,110 13,732 — 44,006 Nonaccrual — 60 — 73 33 221 — 387 Total commercial real estate loans $ 101,251 $ 105,765 $ 80,197 $ 77,555 $ 62,299 $ 191,587 $ 14,699 $ 633,353 Charge-offs $ — $ — $ ( 17 ) $ ( 56 ) $ ( 472 ) $ ( 271 ) $ — $ ( 816 ) Recoveries — — — — 11 — — 11 Current period net $ — $ — $ ( 17 ) $ ( 56 ) $ ( 461 ) $ ( 271 ) $ — $ ( 805 ) Farmland: Pass $ 72,382 $ 12,776 $ 8,683 $ 8,541 $ 5,345 $ 21,626 $ 5,777 $ 135,130 Special mention — — — — — 28 — 28 Substandard — — — — — 118 — 118 Nonaccrual — — — — — 109 28 137 Total farmland loans $ 72,382 $ 12,776 $ 8,683 $ 8,541 $ 5,345 $ 21,881 $ 5,805 $ 135,413 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — September 30, 2021 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Total 1-4 family residential: Pass $ 101,523 $ 72,986 $ 48,075 $ 38,577 $ 29,077 $ 97,575 $ 13,368 $ 401,181 Special mention — — — — — 57 — 57 Substandard — — — — — — — — Nonaccrual — — 184 383 254 1,344 — 2,165 Total 1-4 family residential loans $ 101,523 $ 72,986 $ 48,259 $ 38,960 $ 29,331 $ 98,976 $ 13,368 $ 403,403 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Multi-family residential: Pass $ 13,113 $ 4,312 $ 4,392 $ 15,448 $ 545 $ 2,194 $ 131 $ 40,135 Special mention — — — — — — — — Substandard — — — — 675 — — 675 Nonaccrual — — — — — — — — Total multi-family residential loans $ 13,113 $ 4,312 $ 4,392 $ 15,448 $ 1,220 $ 2,194 $ 131 $ 40,810 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Consumer and overdrafts: Pass $ 21,949 $ 14,015 $ 5,654 $ 5,400 $ 820 $ 656 $ 4,838 $ 53,332 Special mention — 1 9 — — — — 10 Substandard — — — — — — — — Nonaccrual 8 25 22 70 9 11 — 145 Total consumer loans and overdrafts $ 21,957 $ 14,041 $ 5,685 $ 5,470 $ 829 $ 667 $ 4,838 $ 53,487 Charge-offs $ ( 180 ) $ ( 34 ) $ ( 38 ) $ ( 32 ) $ ( 2 ) $ — $ — $ ( 286 ) Recoveries 45 3 — 8 2 19 — 77 Current period net $ ( 135 ) $ ( 31 ) $ ( 38 ) $ ( 24 ) $ — $ 19 $ — $ ( 209 ) Agricultural: Pass $ 2,611 $ 2,081 $ 1,052 $ 1,082 $ 275 $ 592 $ 6,366 $ 14,059 Special mention — — — — 20 — — 20 Substandard — — 5 31 39 13 — 88 Nonaccrual — 20 — 9 3 — — 32 Total agricultural loans $ 2,611 $ 2,101 $ 1,057 $ 1,122 $ 337 $ 605 $ 6,366 $ 14,199 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Total loans: Pass $ 665,708 $ 323,857 $ 198,199 $ 150,711 $ 101,365 $ 330,611 $ 140,260 $ 1,910,711 Special mention 398 807 9 2,439 5,587 1,714 — 10,954 Substandard — 7,318 674 10,354 13,867 13,868 — 46,081 Nonaccrual 8 105 436 560 299 1,699 28 3,135 Total loans $ 666,114 $ 332,087 $ 199,318 $ 164,064 $ 121,118 $ 347,892 $ 140,288 $ 1,970,881 Charge-offs $ ( 180 ) $ ( 34 ) $ ( 222 ) $ ( 155 ) $ ( 493 ) $ ( 271 ) $ ( 47 ) $ ( 1,402 ) Recoveries 45 3 — 8 13 20 15 104 Total current period net (charge-offs) recoveries $ ( 135 ) $ ( 31 ) $ ( 222 ) $ ( 147 ) $ ( 480 ) $ ( 251 ) $ ( 32 ) $ ( 1,298 ) The following table summarizes the credit exposure in the Company’s loan portfolio, by year of origination, as of December 31, 2020: December 31, 2020 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Total Commercial and industrial: Pass $ 278,687 $ 30,563 $ 12,860 $ 4,366 $ 6,131 $ 16,294 $ 90,074 $ 438,975 Special mention 124 119 222 4,040 1,324 — — 5,829 Substandard — 307 540 50 43 — — 940 Nonaccrual — — 13 — 14 — — 27 Total commercial and industrial loans $ 278,811 $ 30,989 $ 13,635 $ 8,456 $ 7,512 $ 16,294 $ 90,074 $ 445,771 Charge-offs $ — $ — $ ( 43 ) $ — $ — $ — $ ( 25 ) $ ( 68 ) Recoveries — — 43 — — 14 44 101 Current period net $ — $ — $ — $ — $ — $ 14 $ 19 $ 33 Construction and development: Pass $ 118,590 $ 76,926 $ 26,212 $ 24,524 $ 7,742 $ 10,507 $ 3,266 $ 267,767 Special mention 356 — — 990 — — — 1,346 Substandard — 609 5 — 680 — — 1,294 Nonaccrual — — — — — — — — Total construction and development loans $ 118,946 $ 77,535 $ 26,217 $ 25,514 $ 8,422 $ 10,507 $ 3,266 $ 270,407 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate: Pass $ 91,819 $ 80,753 $ 89,542 $ 72,311 $ 86,946 $ 123,463 $ 5,890 $ 550,724 Special mention — 2,716 3,542 849 5,724 449 — 13,280 Substandard — — 2,010 4,913 4,445 8,240 — 19,608 Nonaccrual — 1,140 151 4,158 4,769 386 — 10,604 Total commercial real estate loans $ 91,819 $ 84,609 $ 95,245 $ 82,231 $ 101,884 $ 132,538 $ 5,890 $ 594,216 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — 1 — 1 Current period net $ — $ — $ — $ — $ — $ 1 $ — $ 1 Farmland: Pass $ 17,444 $ 12,668 $ 10,327 $ 6,620 $ 9,904 $ 15,402 $ 5,864 $ 78,229 Special mention — — — — — 35 — 35 Substandard — — — — — 129 — 129 Nonaccrual — — — — — 115 — 115 Total farmland loans $ 17,444 $ 12,668 $ 10,327 $ 6,620 $ 9,904 $ 15,681 $ 5,864 $ 78,508 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — December 31, 2020 2020 2019 2018 2017 2016 Prior Revolving Loans Amortized Cost Total 1-4 family residential: Pass $ 87,578 $ 62,937 $ 52,087 $ 37,224 $ 43,858 $ 93,486 $ 10,091 $ 387,261 Special mention — — — — — 168 — 168 Substandard — — — — — — — — Nonaccrual — — 326 44 163 1,134 — 1,667 Total 1-4 family residential loans $ 87,578 $ 62,937 $ 52,413 $ 37,268 $ 44,021 $ 94,788 $ 10,091 $ 389,096 Charge-offs $ — $ — $ — $ — $ ( 9 ) $ ( 59 ) $ — $ ( 68 ) Recoveries — — — — — 2 — 2 Current period net $ — $ — $ — $ — $ ( 9 ) $ ( 57 ) $ — $ ( 66 ) Multi-family residential: Pass $ 5,889 $ 4,498 $ 3,617 $ 1,371 $ 1,737 $ 4,391 $ 198 $ 21,701 Special mention — — — — — — — — Substandard — — — — — — — — Nonaccrual — — — — — — — — Total multi-family residential loans $ 5,889 $ 4,498 $ 3,617 $ 1,371 $ 1,737 $ 4,391 $ 198 $ 21,701 Charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Recoveries — — — — — — — — Current period net $ — $ — $ — $ — $ — $ — $ — $ — Consumer and overdrafts: Pass $ 24,740 $ 11,176 $ 9,369 $ 1,701 $ 735 $ 513 $ 2,825 $ 51,059 Special mention 16 83 9 7 — — — 115 Substandard — — — — — — — — Nonaccrual 24 36 131 20 1 — — 212 Total consumer loans and overdrafts $ 24,780 $ 11,295 $ 9,509 $ 1,728 $ 736 $ 513 $ 2,825 $ 51,386 Charge-offs $ ( 243 ) $ ( 63 ) $ ( 31 ) $ ( 43 ) $ ( 3 ) $ ( 6 ) $ — $ ( 389 ) Recoveries 49 2 12 8 4 13 — 88 Current period net $ ( 194 ) $ ( 61 ) $ ( 19 ) $ ( 35 ) $ 1 $ 7 $ — $ ( 301 ) Agricultural: Pass $ 3,489 $ 1,718 $ 1,893 $ 607 $ 273 $ 189 $ 7,408 $ 15,577 Special mention — — — 36 — — — 36 Substandard — 7 10 — 24 — — 41 Nonaccrual — — 33 — 45 2 — 80 Total agricultural loans $ 3,489 $ 1,725 $ 1,936 $ 643 $ 342 $ 191 $ 7,408 $ 15,734 Charge-offs $ — $ — $ ( 18 ) $ — $ — $ — $ — $ ( 18 ) Recoveries — — — — 20 — — 20 Current period net $ — $ — $ ( 18 ) $ — $ 20 $ — $ — $ 2 Total loans: Pass $ 628,236 $ 281,239 $ 205,907 $ 148,724 $ 157,326 $ 264,245 $ 125,616 $ 1,811,293 Special mention 496 2,918 3,773 5,922 7,048 652 — 20,809 Substandard — 923 2,565 4,963 5,192 8,369 — 22,012 Nonaccrual 24 1,176 654 4,222 4,992 1,637 — 12,705 Total loans $ 628,756 $ 286,256 $ 212,899 $ 163,831 $ 174,558 $ 274,903 $ 125,616 $ 1,866,819 Charge-offs $ ( 243 ) $ ( 63 ) $ ( 92 ) $ (43 ) $ ( 12 ) $ ( 65 ) $ ( 25 ) $ ( 543 ) Recoveries 49 2 55 8 24 30 44 212 Total current period net (charge-offs) recoveries $ ( 194 ) $ ( 61 ) $ ( 37 ) $ ( 35 ) $ 12 $ ( 35 ) $ 19 $ ( 331 )
Summary of Amortized Cost Basis of Collateral-dependent Loans	The following table presents the amortized cost basis of individually evaluated collateral-dependent loans by class of loans, and their impact on the ACL, as of September 30, 2021: Real Estate Non-RE Total Allowance for Credit Losses Allocation Commercial and industrial $ 119 $ — $ 119 $ 40 Real estate: Construction and development 609 — 609 207 Commercial real estate 4,540 — 4,540 603 Total $ 5,268 $ — $ 5,268 $ 850 The following table presents the amortized cost basis of individually evaluated collateral-dependent loans by class of loans, and their impact on the ACL, as of December 31, 2020: Real Estate Non-RE Total Allowance for Credit Losses Allocation Commercial and industrial $ 129 $ — $ 129 $ 44 Real estate: Construction and development 609 — 609 208 Commercial real estate 9,989 — 9,989 2,048 Total $ 10,727 $ — $ 10,727 $ 2,300
Summary of Payment Status of Loans	The following tables summarize the payment status of loans in the Company’s total loan portfolio, including an aging of delinquent loans and loans 90 days or more past due continuing to accrue interest as of: September 30, 2021 30 to 59 Days 60 to 89 Days 90 Days Total Current Total Recorded Commercial and industrial $ 874 $ — $ 38 $ 912 $ 379,558 $ 380,470 $ — Real estate: Construction and — — 230 230 309,516 309,746 — Commercial real 197 777 258 1,232 632,121 633,353 — Farmland 149 195 28 372 135,041 135,413 — 1-4 family residential 1,407 465 569 2,441 400,962 403,403 — Multi-family residential — — — — 40,810 40,810 — Consumer 206 33 47 286 52,706 52,992 — Agricultural 31 9 20 60 14,139 14,199 — Overdrafts — — — — 495 495 — Total $ 2,864 $ 1,479 $ 1,190 $ 5,533 $ 1,965,348 $ 1,970,881 $ — December 31, 2020 30 to 59 Days 60 to 89 Days 90 Days Total Current Total Recorded Commercial and industrial $ 385 $ 25 $ 22 $ 432 $ 445,339 $ 445,771 $ — Real estate: Construction and 256 — — 256 270,151 270,407 — Commercial real 1,094 — 10,105 11,199 583,017 594,216 — Farmland 117 3 — 120 78,388 78,508 — 1-4 family residential 2,097 556 127 2,780 386,316 389,096 — Multi-family residential — — — — 21,701 21,701 — Consumer 383 124 97 604 50,440 51,044 — Agricultural 50 46 45 141 15,593 15,734 — Overdrafts — — — — 342 342 — Total $ 4,382 $ 754 $ 10,396 $ 15,532 $ 1,851,287 $ 1,866,819 $ —
Summary of Troubled Debt Restructuring	The outstanding balances of TDRs are shown below: September 30, 2021 December 31, 2020 Nonaccrual TDRs $ 84 $ 90 Performing TDRs 9,522 9,626 Total $ 9,606 $ 9,716 Specific reserves on TDRs $ — $ — There was one loan modified as a TDR during the nine months ended September 30, 2021. No TDRs have subsequently defaulted during 2021, and the TDRs described above did no t increase the allowance for credit losses and did no t result in any charge-offs during the nine months ended September 30, 2021. The following table presents the loan, by class, modified as a TDR during the nine months ended September 30, 2021: Nine Months Ended September 30, 2021 Number Pre-Modification Post-Modification Troubled Debt Restructurings: Commercial and industrial 1 $ 17 $ 17 Total 1 $ 17 $ 17 The following table presents loans, by class, modified as TDRs during the year ended December 31, 2020: Year Ended December 31, 2020 Number Pre-Modification Post-Modification Troubled Debt Restructurings: Construction and development 2 $ 1,289 $ 1,081 Commercial and industrial 1 129 85 Commercial real estate 1 1,017 670 Total 4 $ 2,435 $ 1,836

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Schedule of Debt Maturities	Fixed rate advances, with monthly interest payments, principal due in: Year Current Principal Due 2021 0.13 % $ 40,000 2022 1.99 % 1,500 2023 — — 2024 1.76 % 6,000 2025 — — $ 47,500

SUBORDINATED DEBENTURES (Tables

SUBORDINATED DEBENTURES (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Schedule of Subordinated Debentures and Other Debentures	Subordinated debentures were made up of the following as of: September 30, 2021 December 31, 2020 Trust II Debentures $ 3,093 $ 3,093 Trust III Debentures 2,062 2,062 DCB Trust I Debentures 5,155 5,155 Other debentures 9,500 9,500 $ 19,810 $ 19,810 Trust II Debentures Trust III Debentures DCB Trust I Original amount $ 3,093 $ 2,062 $ 5,155 Maturity date October 30, 2032 October 1, 2036 June 15, 2037 Interest due Quarterly Quarterly Quarterly
Schedule of Trusts	Trust II Trust III DCB Trust I Formation date October 30, 2002 July 25, 2006 March 29, 2007 Capital trust pass-through securities Number of shares 3,000 2,000 5,000 Original liquidation value $ 3,000 $ 2,000 $ 5,000 Common securities liquidation value 93 62 155
Schedule of Principal Payments and Weighted Average Rates of Other Debentures	The scheduled principal payments and weighted average rates of other debentures are as follows: Year Current Principal Due 2022 2.45 % $ 2,000 2023 2.85 % 3,500 2024 3.74 % 4,000 $ 9,500

EQUITY AWARDS (Tables)

EQUITY AWARDS (Tables)	9 Months Ended
	Sep. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Schedule of Stock Option Activity	A summary of stock option activity in the Plan during the nine months ended September 30, 2021 and 2020 follows: Nine Months Ended September 30, 2021 Number of Weighted- Weighted- Aggregate Outstanding at beginning of year 506,200 $ 26.81 5.82 $ 1,805 Effect of 10 % stock dividend 50,770 Granted 45,500 33.49 9.59 107 Exercised ( 48,630 ) 22.89 3.82 630 Forfeited ( 19,020 ) 26.01 6.84 187 Balance, September 30, 2021 534,820 $ 25.22 5.53 $ 5,684 Exercisable at end of period 307,786 $ 23.78 4.33 $ 3,715 Nine Months Ended September 30, 2020 Number of Weighted- Weighted- Aggregate Outstanding at beginning of year 508,000 $ 26.68 6.24 $ 3,159 Granted 39,000 27.43 9.51 24 Exercised ( 3,000 ) 24.00 2.04 3 Forfeited ( 37,600 ) 29.68 8.12 24 Balance, September 30, 2020 506,400 $ 26.53 5.62 $ 304 Exercisable at end of period 302,220 $ 25.55 4.77 $ 244
Schedule of Nonvested Stock Option Activity	A summary of nonvested stock option activity in the Plan during the nine months ended September 30, 2021 and 2020 follows: Nine Months Ended September 30, 2021 Number of Weighted-Average Outstanding at beginning of year 214,680 $ 4.46 Effect of 10 % stock dividend 23,218 Granted 45,500 5.82 Vested ( 47,344 ) ( 5.72 ) Forfeited ( 9,020 ) ( 8.06 ) Balance, September 30, 2021 227,034 $ 5.11 Nine Months Ended September 30, 2020 Number of Weighted-Average Outstanding at beginning of year 251,120 $ 4.97 Granted 39,000 3.86 Vested ( 53,340 ) ( 6.07 ) Forfeited ( 32,600 ) ( 2.20 ) Balance, September 30, 2020 204,180 $ 5.54
Plan Information	Information related to stock options in the Plan is as follows for the nine months ended: September 30, 2021 September 30, 2020 Intrinsic value of options exercised $ 630 $ 3 Cash received from options exercised 1,113 72 Weighted average fair value of options granted 5.82 3.86
Summary of Restricted Stock Awards and Units Activity	A summary of restricted stock activity in the Plan during the nine months ended September 30, 2021 and 2020 follows: Nine Months Ended September 30, 2021 Number of Weighted-Average Outstanding at beginning of year 35,300 $ 29.72 Effect of 10 % stock dividend 3,530 — Granted 3,500 33.09 Vested ( 7,850 ) 27.26 Forfeited — — Balance, September 30, 2021 34,480 $ 27.41 Nine Months Ended September 30, 2020 Number of Weighted-Average Outstanding at beginning of year 31,459 $ 30.29 Granted — — Vested ( 13,380 ) 30.30 Forfeited — — Balance, September 30, 2020 18,079 $ 30.28

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Schedule of Summarizes Other Information Related to Operating Leases	The table below summarizes other information related to our operating leases as of: September 30, 2021 December 31, 2020 Operating leases Operating lease right-of-use assets $ 14,810 $ 13,291 Operating lease liabilities 15,243 13,539 Weighted average remaining lease term Operating leases 9 years 9 years Weighted average discount rate Operating leases 1.95 % 2.19 %
Schedule of Minimum Future Lease Payments Under Non-Cancelable Operating Leases	The Company leases some of its banking facilities under non-cancelable operating leases expiring in various years through 2025 and thereafter. Minimum future lease payments under these non-cancelable operating leases as of September 30, 2021, are as follows: Year Ended December 31, Amount 2021 $ 554 2022 2,152 2023 2,090 2024 2,035 2025 1,868 Thereafter 7,441 Total lease payments 16,140 Less: interest ( 897 ) Present value of lease liabilities $ 15,243

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Schedule of Income Tax Expense and Effective Tax Rate	Income tax expense was as follows for: Three Months Ended Nine Months Ended 2021 2020 2021 2020 Income tax expense for the period $ 2,179 $ 2,350 $ 6,827 $ 3,605 Effective tax rate 19.06 % 18.82 % 18.22 % 17.09 %

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2021
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Schedule of Information Pertaining to Outstanding Interest Rate Swap Agreements	The information pertaining to outstanding interest rate swap agreements used to hedge floating rate debentures and FHLB advances was as follows as of: September 30, 2021 Notional Pay Receive Effective Maturity Unrealized $ 15,000 0.668 % 3 month LIBOR 3/18/2020 1.47 $ 93 15,000 0.790 % 3 month LIBOR 3/18/2020 3.47 17 10,000 0.530 % 3 month LIBOR 3/23/2020 1.48 41 December 31, 2020 Notional Pay Receive Effective Maturity Unrealized $ 2,000 5.979 % 3 month LIBOR plus 1.67 % 10/1/2016 5.25 $ 408 3,000 7.505 % 3 month LIBOR plus 3.35 % 10/30/2012 1.83 221 15,000 0.668 % 3 month LIBOR 3/18/2020 2.22 159 15,000 0.790 % 3 month LIBOR 3/18/2020 4.22 288 10,000 0.530 % 3 month LIBOR 3/23/2020 2.23 75

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2021
Commitments And Contingencies Disclosure [Abstract]
Schedule of Commitments and Letters of Credit Outstanding	Commitments and letters of credit outstanding were as follows as of: Contract or Notional Amount September 30, 2021 December 31, 2020 Commitments to extend credit $ 392,332 $ 324,277 Letters of credit 9,922 8,488

REGULATORY MATTERS (Tables)

REGULATORY MATTERS (Tables)	9 Months Ended
	Sep. 30, 2021
Banking And Thrifts [Abstract]
Comparison of the Company's and Bank's Actual Capital Amounts and Ratios to Required Capital Amounts and Ratios	A comparison of the Company’s and Bank’s actual capital amounts and ratios to required capital amounts and ratios are presented in the following tables as of: Actual Minimum Required Minimum Required To Be Well Amount Ratio Amount Ratio Amount Ratio Amount Ratio September 30, 2021 Total capital to risk-weighted assets: Consolidated $ 289,390 14.13 % $ 163,886 8.00 % $ 215,100 10.50 % n/a Bank 301,528 14.71 % 164,015 8.00 % 215,270 10.50 % $ 205,019 10.00 % Tier 1 capital to risk-weighted assets: Consolidated 263,721 12.87 % 122,914 6.00 % 174,129 8.50 % n/a Bank 275,839 13.45 % 123,011 6.00 % 174,266 8.50 % 164,015 8.00 % Tier 1 capital to average assets: (1) Consolidated 263,721 9.06 % 116,422 4.00 % 116,422 4.00 % n/a Bank 275,839 9.48 % 116,418 4.00 % 116,418 4.00 % 145,523 5.00 % Common equity tier 1 capital to risk-weighted assets: Consolidated 253,411 12.37 % 92,186 4.50 % 143,400 7.00 % n/a Bank 275,839 13.45 % 92,259 4.50 % 143,513 7.00 % 133,262 6.50 % (1) The Tier 1 capital ratio (to average assets) is not impacted by the Basel III Capital Rules; however, the Federal Reserve and the FDIC may require the Consolidated Company and the Bank, respectively, to maintain a Tier 1 capital ratio (to average assets) above the required minimum. Actual Minimum Required Minimum Required To Be Well Amount Ratio Amount Ratio Amount Ratio Amount Ratio December 31, 2020 Total capital to risk-weighted assets: Consolidated $ 263,144 13.20 % $ 159,496 8.00 % $ 209,338 10.50 % n/a Bank 285,490 14.32 % 159,514 8.00 % 209,362 10.50 % $ 199,392 10.00 % Tier 1 capital to risk-weighted assets: Consolidated 238,115 11.94 % 119,622 6.00 % 169,464 8.50 % n/a Bank 260,459 13.06 % 119,635 6.00 % 169,483 8.50 % 159,514 8.00 % Tier 1 capital to average assets: (1) Consolidated 238,115 9.13 % 104,293 4.00 % 104,293 4.00 % n/a Bank 260,459 9.99 % 104,293 4.00 % 104,293 4.00 % 130,366 5.00 % Common equity tier 1 capital to risk-weighted assets: Consolidated 227,805 11.43 % 89,716 4.50 % 139,559 7.00 % n/a Bank 260,459 13.06 % 89,726 4.50 % 139,574 7.00 % 129,605 6.50 % (1) The Tier 1 capital ratio (to average assets) is not impacted by the Basel III Capital Rules; however, the Federal Reserve and the FDIC may require the Consolidated Company and the Bank, respectively, to maintain a Tier 1 capital ratio (to average assets) above the required minimum.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of Financial Assets (Liabilities) Measured at Fair Value	The following tables summarize quantitative disclosures about the fair value measurements for each category of financial assets (liabilities) carried at fair value: As of September 30, 2021 Fair Value Quoted Significant Significant Assets (liabilities) at fair value on a recurring basis: Available for sale securities: Mortgage-backed securities $ 159,142 $ — $ 159,142 $ — Collateralized mortgage obligations 64,623 — 64,623 — Corporate bonds 35,246 — 35,246 — U.S. government agencies 10,059 — 10,059 — Loans held for sale 1,903 — — 1,903 Cash surrender value of life insurance 36,582 — 36,582 — SBA servicing assets 808 — — 808 Derivative instrument liabilities ( 151 ) — ( 151 ) — Assets at fair value on a nonrecurring basis: Individually evaluated collateral dependent loans 4,418 — — 4,418 As of December 31, 2020 Fair Value Quoted Significant Significant Assets (liabilities) at fair value on a recurring basis: Available for sale securities: Mortgage-backed securities $ 107,164 $ — $ 107,164 $ — Collateralized mortgage obligations 66,945 — 66,945 — Municipal securities 175,704 — 175,704 — Corporate bonds 30,982 — 30,982 — Loans held for sale 5,542 — — 5,542 Cash surrender value of life insurance 35,510 — 35,510 — SBA servicing assets 763 — — 763 Derivative instrument assets 629 — 629 — Derivative instrument liabilities ( 1,151 ) — ( 1,151 ) — Assets at fair value on a nonrecurring basis: Individually evaluated collateral dependent loans 8,427 — — 8,427
Schedule of Foreclosed Assets Measured at Fair Value	The following table presents foreclosed assets that were remeasured and recorded at fair value as of: September 30, December 31, September 30, Other real estate owned remeasured at initial recognition: Carrying value of other real estate owned prior to remeasurement $ — $ 42 $ — Charge-offs recognized in the allowance for credit losses — ( 9 ) — Fair value of other real estate owned remeasured at initial recognition $ — $ 33 $ — Other real estate owned remeasured subsequent to initial recognition: Carrying value of other real estate owned prior to remeasurement $ — $ 62 $ 62 Write-downs included in collection and other real estate owned expense — ( 1 ) ( 1 ) Fair value of other real estate owned remeasured subsequent to initial recognition $ — $ 61 $ 61
Schedule of Quantitative Information About Nonrecurring Level 3 Fair Value Measurements	The following table presents quantitative information about nonrecurring Level 3 fair value measurements as of: September 30, 2021 Fair Value Valuation Unobservable Input(s) Range Other real estate owned $ 40 Appraisal value of collateral Selling costs or other normal adjustments 10 %- 20 % ( 16 %) December 31, 2020 Fair Value Valuation Unobservable Input(s) Range Other real estate owned $ 404 Appraisal value of collateral Selling costs or other normal adjustments 10 %- 20 % ( 16 %)
Schedule of Individually Evaluated Collateral Dependent Loans at Fair Value	The following table presents information on individually evaluated collateral dependent loans as of September 30, 2021: Fair Value Measurements Using Level 1 Level 2 Level 3 Total Fair Value Commercial and industrial $ — $ — $ 79 $ 79 Real estate: Construction and development — — 402 402 Commercial real estate — — 3,937 3,937 Total $ — $ — $ 4,418 $ 4,418
Schedule of Carrying Amounts And Estimated Fair Values of Financial Instruments	The carrying amounts and estimated fair values of financial instruments not previously discussed in this note, as of September 30, 2021 and December 31, 2020, are as follows: Fair value measurements as of Carrying Level 1 Level 2 Level 3 Total Financial assets: Cash, due from banks, federal funds sold and interest-bearing deposits $ 408,875 $ 408,875 $ — $ — $ 408,875 Marketable securities held to maturity 173,676 — 182,631 — 182,631 Loans, net 1,938,268 — — 1,949,191 1,949,191 Accrued interest receivable 7,673 — 7,673 — 7,673 Nonmarketable equity securities 14,061 — 14,061 — 14,061 Financial liabilities: Deposits $ 2,563,071 $ 2,221,716 $ 342,153 $ — $ 2,563,869 Securities sold under repurchase agreements 11,195 — 11,195 — 11,195 Accrued interest payable 555 — 555 — 555 Federal Home Loan Bank advances 47,500 — 47,653 — 47,653 Subordinated debentures 19,810 — 17,813 — 17,813 Fair value measurements as of Carrying Level 1 Level 2 Level 3 Total Financial assets: Cash, due from banks, federal funds sold and interest-bearing deposits $ 351,792 $ 351,792 $ — $ — $ 351,792 Loans, net 1,831,737 — — 1,846,868 1,846,868 Accrued interest receivable 9,834 — 9,834 — 9,834 Nonmarketable equity securities 14,095 — 14,095 — 14,095 Financial liabilities: Deposits $ 2,286,390 $ 1,907,587 $ 380,570 $ — $ 2,288,157 Securities sold under repurchase agreements 15,631 — 15,631 — 15,631 Accrued interest payable 804 — 804 — 804 Federal Home Loan Bank advances 109,101 — 109,381 — 109,381 Subordinated debentures 19,810 — 17,406 — 17,406

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings Per Share	The computations of basic and diluted earnings per share for the Company were as follows for the: Three Months Ended Nine Months Ended 2021 2020 2021 2020 Numerator: Net earnings (basic) $ 9,253 $ 10,134 $ 30,647 $ 17,487 Net earnings (diluted) $ 9,253 $ 10,134 $ 30,647 $ 17,487 Denominator: Weighted-average shares outstanding (basic)* 12,067,769 12,113,266 12,054,426 12,271,889 Effect of dilutive securities: Common stock equivalent shares from stock options 143,620 — 155,058 — Weighted-average shares outstanding (diluted)* 12,211,389 12,113,266 12,209,484 12,271,889 Net earnings per share Basic $ 0.77 $ 0.84 $ 2.54 $ 1.43 Diluted $ 0.76 $ 0.84 $ 2.51 $ 1.43 * Periods prior to the stock dividend issued during the first quarter of 2021 have been adjusted to give effect to the 10 % stock dividend.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)	Mar. 16, 2020	Sep. 30, 2021USD ($)SubsidaryFamilyResidentialHouse	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)	Mar. 27, 2020USD ($)
Property, Plant and Equipment [Line Items]
Number of subsidiaries | Subsidary		6
Decrease to retained earnings		$ 100,910,000		$ 113,449,000
Retained earnings, net of tax			$ 955,000
Number of families secured by loans of real estate | Family		4
Number of housing units secured by loans from segment | ResidentialHouse		5
Paycheck Protection Program Loans
Property, Plant and Equipment [Line Items]
Percentage of government guaranteed loans		100.00%
COVID-19
Property, Plant and Equipment [Line Items]
Maximum authorized amount of coronavirus aid, relief and economic security					$ 2,000,000,000,000
Description of federal fund interest rate		Due to the COVID-19 pandemic, market interest rates declined significantly, with the 10-year Treasury bond falling below 1.00% on March 3, 2020 for the first time. On March 16, 2020, the Federal Open Market Committee reduced the target federal funds rate range to 0.00% to 0.25%, at which it remains as of September 30, 2021.
COVID-19 | Minimum
Property, Plant and Equipment [Line Items]
Federal open market committee reduced target federal funds interest rate.	0.00%
COVID-19 | Maximum
Property, Plant and Equipment [Line Items]
Federal open market committee reduced target federal funds interest rate.	0.25%

MARKETABLE SECURITIES - Schedul

MARKETABLE SECURITIES - Schedule of Amortized Cost and Fair Value of Securities Available for Sale and Held to Maturity Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Available for sale:
Available-for-sale debt securities, amortized cost basis	$ 265,236	$ 265,236	$ 363,097
Gross Unrealized Gain	4,827		17,794
Gross Unrealized Loss	993		96
Estimated Fair Value	269,070		380,795
Held to maturity:
Amortized Cost	173,676		0
Gross Unrealized Gains	9,139
Gross Unrealized Losses	184
Estimated Fair Value	182,631
U.S. government agencies
Available for sale:
Available-for-sale debt securities, amortized cost basis	10,013
Gross Unrealized Gain	46
Gross Unrealized Loss	0
Estimated Fair Value	10,059
Corporate bonds
Available for sale:
Available-for-sale debt securities, amortized cost basis	34,105		29,608
Gross Unrealized Gain	1,233		1,382
Gross Unrealized Loss	92		8
Estimated Fair Value	35,246		30,982
Mortgage-backed securities
Available for sale:
Available-for-sale debt securities, amortized cost basis	157,846		104,210
Gross Unrealized Gain	2,143		3,041
Gross Unrealized Loss	847		87
Estimated Fair Value	159,142		107,164
Held to maturity:
Amortized Cost	3,042
Gross Unrealized Gains	0
Gross Unrealized Losses	37
Estimated Fair Value	3,005
Collateralized mortgage obligations
Available for sale:
Available-for-sale debt securities, amortized cost basis	63,272		64,611
Gross Unrealized Gain	1,405		2,335
Gross Unrealized Loss	54		1
Estimated Fair Value	64,623		66,945
Municipal securities
Available for sale:
Available-for-sale debt securities, amortized cost basis			164,668
Gross Unrealized Gain			11,036
Gross Unrealized Loss			0
Estimated Fair Value			$ 175,704
Held to maturity:
Amortized Cost	170,634
Gross Unrealized Gains	9,139
Gross Unrealized Losses	147
Estimated Fair Value	$ 179,626

MARKETABLE SECURITIES - Narrati

MARKETABLE SECURITIES - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)PositionSecurity	Sep. 30, 2020Security	Sep. 30, 2021USD ($)SecurityPosition	Sep. 30, 2020Security	Dec. 31, 2020USD ($)
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Allowance for credit losses for available for sale debt securities	$ 0		$ 0		$ 0
Number of investment in an unrealized loss position | Position	26		26
Number of investment in an sale debt securities | Position	22		22
Percentage of unrealized loss exceeds book value			20.00%
Number of securities other than agencies amount | Security			0
Fair value of securities pledged as collateral	$ 279,726,000		$ 279,726,000		$ 314,962,000
Number of securities sold | Security	0	0	0	0
Unamortized, unrealized gain remaining on transferred securities			$ 9,684,000

MARKETABLE SECURITIES - Securit

MARKETABLE SECURITIES - Securities in Continuous Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Gross Unrealized Losses
Less Than 12 Months	$ (949)	$ (95)
12 Months or Longer	(44)	(1)
Total	(993)	(96)
Estimated Fair Value
Less Than 12 Months	94,031	28,268
12 Months or Longer	3,276	106
Total	97,307	28,374
Gross Unrealized Losses
Less Than 12 Months	(184)
12 Months or Longer	0
Total	184
Estimated Fair Value
Less Than 12 Months	7,387
12 Months or Longer	0
Total	7,387
Corporate bonds
Gross Unrealized Losses
Less Than 12 Months	(92)	(8)
12 Months or Longer	0
Total	(92)	(8)
Estimated Fair Value
Less Than 12 Months	7,678	2,493
12 Months or Longer	0
Total	7,678	2,493
Mortgage-backed securities
Gross Unrealized Losses
Less Than 12 Months	(803)	(87)
12 Months or Longer	(44)
Total	(847)	(87)
Estimated Fair Value
Less Than 12 Months	68,150	25,775
12 Months or Longer	3,276
Total	71,426	25,775
Gross Unrealized Losses
Less Than 12 Months	(37)
12 Months or Longer	0
Total	37
Estimated Fair Value
Less Than 12 Months	3,006
12 Months or Longer	0
Total	3,006
Collateralized mortgage obligations
Gross Unrealized Losses
Less Than 12 Months	(54)
12 Months or Longer	0	(1)
Total	(54)	(1)
Estimated Fair Value
Less Than 12 Months	18,203
12 Months or Longer	0	106
Total	18,203	$ 106
Municipal securities
Gross Unrealized Losses
Less Than 12 Months	(147)
12 Months or Longer	0
Total	147
Estimated Fair Value
Less Than 12 Months	4,381
12 Months or Longer	0
Total	$ 4,381

MARKETABLE SECURITIES - Contrac

MARKETABLE SECURITIES - Contractual Maturities of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Amortized Cost
Due within one year	$ 0
Due after one year through five years	14,645
Due after five years through ten years	29,473
Due after ten years	0
Available-for-sale debt securities, amortized cost basis	265,236	$ 265,236	$ 363,097
Estimated Fair Value
Due within one year	0
Due after one year through five years	15,430
Due after five years through ten years	29,875
Due after ten years	0
Available-for-sale debt securities, estimated fair value	269,070		380,795
Held to Maturity Amortized Cost
Due within one year	4,802
Due after one year through five years	48,612
Due after five years through ten years	50,369
Due after ten years	66,851
Held to Maturity debt securities, amortized cost	173,676		0
Held to Maturity Estimated Fair Value
Due within one year	4,868
Due after one year through five years	50,466
Due after five years through ten years	53,350
Due after ten years	70,942
Held to maturity debt securities, estimated fair value	182,631
Mortgage-backed securities
Amortized Cost
Available-for-sale debt securities, amortized cost basis	157,846
Available-for-sale debt securities, amortized cost basis	157,846		104,210
Estimated Fair Value
Available-for-sale debt securities, estimated fair value	159,142
Available-for-sale debt securities, estimated fair value	159,142		107,164
Held to Maturity Amortized Cost
Held to Maturity debt securities, amortized cost	3,042
Held to Maturity debt securities, amortized cost	3,042
Held to Maturity Estimated Fair Value
Held to maturity debt securities, estimated fair value	3,005
Held to maturity debt securities, estimated fair value	3,005
Collateralized mortgage obligations
Amortized Cost
Available-for-sale debt securities, amortized cost basis	63,272
Available-for-sale debt securities, amortized cost basis	63,272		64,611
Estimated Fair Value
Available-for-sale debt securities, estimated fair value	64,623
Available-for-sale debt securities, estimated fair value	64,623		$ 66,945
Held to Maturity Amortized Cost
Held to Maturity debt securities, amortized cost	0
Held to Maturity Estimated Fair Value
Held to maturity debt securities, estimated fair value	$ 0

LOANS AND ALLOWANCE FOR CREDI_3

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Loan Portfolio by Type of Loan (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Dec. 31, 2019
Loans held for investment:
Total loans	$ 1,970,881	$ 1,866,819
Deferred loan fees, net	(1,992)	(1,463)
Allowance for credit losses	(30,621)	(33,619)		$ (16,202)
Total net loans	1,938,268	1,831,737
Commercial and industrial
Loans held for investment:
Total loans	308,647	356,291
Allowance for credit losses	(3,480)	(4,033)	$ (4,018)	(2,056)
Construction and development
Loans held for investment:
Total loans	309,746	270,407
Allowance for credit losses	(3,962)	(4,735)	(4,929)	(2,378)
Commercial real estate
Loans held for investment:
Total loans	633,353	594,216
Allowance for credit losses	(14,305)	(15,780)	(15,695)	(6,853)
Farmland
Loans held for investment:
Total loans	135,413	78,508
Allowance for credit losses	(1,585)	(1,220)	(1,290)	(570)
1-4 family residential
Loans held for investment:
Total loans	403,403	389,096
Allowance for credit losses	(5,754)	(6,313)	(6,185)	(3,125)
Multi-family residential
Loans held for investment:
Total loans	40,810	21,701
Allowance for credit losses	(576)	(363)	(325)	(409)
Warehouse lending
Loans held for investment:
Total loans	71,823	89,480
Consumer
Loans held for investment:
Total loans	52,992	51,044
Allowance for credit losses	(787)	(929)	(975)	(602)
Agricultural
Loans held for investment:
Total loans	14,199	15,734
Allowance for credit losses	(166)	(239)	(331)	(197)
Overdrafts
Loans held for investment:
Total loans	495	342
Allowance for credit losses	$ (6)	$ (7)	$ (9)	$ (12)

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Loan Portfolio by Type of Loan (Details) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Receivables [Abstract]
Accrued interest receivable on loans	$ 5.8	$ 7

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Schedule of Allowance for Credit Losses Activity (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Allowance for credit losses:
Beginning balance	$ 33,619	$ 16,202	$ 16,202
Impact of adopting ASC 326		4,548	4,548
Provision for credit losses	(1,700)		13,200
Loans charged-off	(1,402)	384	(543)
Recoveries	104	191	212
Ending balance	30,621		33,619
Commercial and industrial
Allowance for credit losses:
Beginning balance	4,033	2,056	2,056
Impact of adopting ASC 326		546	546
Provision for credit losses	(268)	1,366	1,398
Loans charged-off	(300)	(43)	(68)
Recoveries	15	93	101
Ending balance	3,480	4,018	4,033
Construction and development
Allowance for credit losses:
Beginning balance	4,735	2,378	2,378
Impact of adopting ASC 326		323	323
Provision for credit losses	(774)	2,228	2,034
Recoveries	1
Ending balance	3,962	4,929	4,735
Commercial real estate
Allowance for credit losses:
Beginning balance	15,780	6,853	6,853
Impact of adopting ASC 326		2,228	2,228
Provision for credit losses	670	6,613	6,698
Loans charged-off	(816)
Recoveries	11	1	1
Ending balance	14,305	15,695	15,780
Farmland
Allowance for credit losses:
Beginning balance	1,220	570	570
Impact of adopting ASC 326		26	26
Provision for credit losses	365	694	624
Ending balance	1,585	1,290	1,220
1-4 family residential
Allowance for credit losses:
Beginning balance	6,313	3,125	3,125
Impact of adopting ASC 326		1,339	1,339
Provision for credit losses	(559)	1,778	1,915
Loans charged-off		(59)	(68)
Recoveries		2	2
Ending balance	5,754	6,185	6,313
Multi-family residential
Allowance for credit losses:
Beginning balance	363	409	409
Impact of adopting ASC 326		(50)	(50)
Provision for credit losses	213	34	4
Ending balance	576	325	363
Consumer
Allowance for credit losses:
Beginning balance	929	602	602
Impact of adopting ASC 326		72	72
Provision for credit losses	(61)	407	373
Loans charged-off	(113)	(136)	(155)
Recoveries	32	30	37
Ending balance	787	975	929
Agricultural
Allowance for credit losses:
Beginning balance	239	197	197
Impact of adopting ASC 326		73	73
Provision for credit losses	(73)	59	(33)
Loans charged-off		(18)	(18)
Recoveries		20	20
Ending balance	166	331	239
Overdrafts
Allowance for credit losses:
Beginning balance	7	12	12
Impact of adopting ASC 326		(9)	(9)
Provision for credit losses	127	89	187
Loans charged-off	(173)	(128)	(234)
Recoveries	45	45	51
Ending balance	$ 6	9	$ 7
Unallocated
Allowance for credit losses:
Provision for credit losses		13,200
Ending balance		$ 33,757

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Narrative (Details)	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2021USD ($)	Jun. 30, 2021USD ($)	Mar. 31, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)Contract	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)Contract
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for credit losses provision	$ (700,000)			$ (300,000)	$ (1,700,000)	$ 13,200,000
Loans classified in doubtful or loss risk rating	0				$ 0		$ 0
Number of loans modified as TDRs | Contract					1		4
Increase in allowance for loan losses due to TDRs					$ 0		$ 0
Troubled debt restructuring charge-offs					$ 0		0
COVID-19
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for credit losses provision							$ 13,200,000
Provision for Other Credit Losses	$ 700,000	$ 1,000,000	$ 0

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Credit Exposure in Company Loan Portfolio (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	$ 666,114	$ 628,756
Credit Exposure 2020	332,087	286,256
Credit Exposure 2019	199,318	212,899
Credit Exposure 2018	164,064	163,831
Credit Exposure 2017	121,118	174,558
Credit Exposure Prior	347,892	274,903
Revolving Loans Amortized Cost	140,288	125,616
Total	1,970,881	1,866,819
Credit Exposure 2021.Charge - offs	(180)	(243)
Credit Exposure 2020.Charge - offs	(34)	(63)
Credit Exposure 2019.Charge - offs	(222)	(92)
Credit Exposure 2018.Charge - offs	(155)
Credit Exposure 2017.Charge - offs	(493)	(12)
Credit Exposure Prior.Charge - offs	(271)	(65)
Credit Exposure Revolving Loans Amortized Cost.Charge - offs	(47)	(25)
Total	(1,402)	(543)
Credit Exposure 2021, Recoveries	45	49
Credit Exposure 2020, Recoveries	3	2
Credit Exposure 2019, Recoveries		55
Credit Exposure 2018, Recoveries	8	8
Credit Exposure 2017, Recoveries	13	24
Credit Exposure Prior, Recoveries	20	30
Credit Exposure Revolving Loans Amortized Cost, Recoveries	15	44
Total	104	212
Credit Exposure 2021,Current period net	(135)	(194)
Credit Exposure 2020,Current period net	(31)	(61)
Credit Exposure 2019,Current period net	(222)	(37)
Credit Exposure 2018,Current period net	(147)	(35)
Credit Exposure 2017,Current period net	(480)	12
Credit Exposure Prior,Current period net	(251)	(35)
Credit Exposure Revolving Loans Amortized Cost,Current period net	32	19
Total	(1,298)	(331)
Pass
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	665,708	628,236
Credit Exposure 2020	323,857	281,239
Credit Exposure 2019	198,199	205,907
Credit Exposure 2018	150,711	148,724
Credit Exposure 2017	101,365	157,326
Credit Exposure Prior	330,611	264,245
Revolving Loans Amortized Cost	140,260	125,616
Total	1,910,711	1,811,293
Special Mention
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	398	496
Credit Exposure 2020	807	2,918
Credit Exposure 2019	9	3,773
Credit Exposure 2018	2,439	5,922
Credit Exposure 2017	5,587	7,048
Credit Exposure Prior	1,714	652
Total	10,954	20,809
Substandard
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2020	7,318	923
Credit Exposure 2019	674	2,565
Credit Exposure 2018	10,354	4,963
Credit Exposure 2017	13,867	5,192
Credit Exposure Prior	13,868	8,369
Total	46,081	22,012
Nonaccrual
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	8	24
Credit Exposure 2020	105	1,176
Credit Exposure 2019	436	654
Credit Exposure 2018	560	4,222
Credit Exposure 2017	299	4,992
Credit Exposure Prior	1,699	1,637
Revolving Loans Amortized Cost	28
Total	3,135	12,705
Commercial and industrial
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	199,537	278,811
Credit Exposure 2020	41,275	30,989
Credit Exposure 2019	21,042	13,635
Credit Exposure 2018	9,816	8,456
Credit Exposure 2017	4,397	7,512
Credit Exposure Prior	17,635	16,294
Revolving Loans Amortized Cost	86,768	90,074
Total	380,470	445,771
Credit Exposure 2019.Charge - offs	(167)	(43)
Credit Exposure 2018.Charge - offs	(67)
Credit Exposure 2017.Charge - offs	(19)
Credit Exposure Revolving Loans Amortized Cost.Charge - offs	(47)	(25)
Total	(300)	(68)
Credit Exposure 2019, Recoveries		43
Credit Exposure Prior, Recoveries	0	14
Credit Exposure Revolving Loans Amortized Cost, Recoveries	15	44
Total	15	101
Credit Exposure 2019,Current period net	(167)
Credit Exposure 2018,Current period net	(67)
Credit Exposure 2017,Current period net	(19)
Credit Exposure Prior,Current period net	0	14
Credit Exposure Revolving Loans Amortized Cost,Current period net	32	19
Total	(285)	33
Commercial and industrial | Pass
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	199,537	278,687
Credit Exposure 2020	40,901	30,563
Credit Exposure 2019	20,982	12,860
Credit Exposure 2018	9,595	4,366
Credit Exposure 2017	4,333	6,131
Credit Exposure Prior	17,616	16,294
Revolving Loans Amortized Cost	86,768	90,074
Total	379,732	438,975
Commercial and industrial | Special Mention
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	0	124
Credit Exposure 2020	96	119
Credit Exposure 2019		222
Credit Exposure 2018		4,040
Credit Exposure 2017	21	1,324
Total	117	5,829
Commercial and industrial | Substandard
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2020	278	307
Credit Exposure 2019	60	540
Credit Exposure 2018	196	50
Credit Exposure 2017	43	43
Credit Exposure Prior	5
Total	582	940
Commercial and industrial | Nonaccrual
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2019	0	13
Credit Exposure 2018	25
Credit Exposure 2017		14
Credit Exposure Prior	14
Revolving Loans Amortized Cost	0
Total	39	27
Construction and development
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	153,740	118,946
Credit Exposure 2020	78,831	77,535
Credit Exposure 2019	30,003	26,217
Credit Exposure 2018	7,152	25,514
Credit Exposure 2017	17,360	8,422
Credit Exposure Prior	14,347	10,507
Revolving Loans Amortized Cost	8,313	3,266
Total	309,746	270,407
Credit Exposure Prior, Recoveries	1
Total	1
Credit Exposure Prior,Current period net	1
Total	1
Construction and development | Pass
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	153,740	118,590
Credit Exposure 2020	78,121	76,926
Credit Exposure 2019	29,164	26,212
Credit Exposure 2018	7,149	24,524
Credit Exposure 2017	16,405	7,742
Credit Exposure Prior	14,347	10,507
Revolving Loans Amortized Cost	8,313	3,266
Total	307,239	267,767
Construction and development | Special Mention
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021		356
Credit Exposure 2020	710
Credit Exposure 2018		990
Credit Exposure 2017	955
Total	1,665	1,346
Construction and development | Substandard
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2020		609
Credit Exposure 2019	609	5
Credit Exposure 2018	3
Credit Exposure 2017		680
Total	612	1,294
Construction and development | Nonaccrual
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2019	230
Total	230
Commercial real estate
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	101,251	91,819
Credit Exposure 2020	105,765	84,609
Credit Exposure 2019	80,197	95,245
Credit Exposure 2018	77,555	82,231
Credit Exposure 2017	62,299	101,884
Credit Exposure Prior	191,587	132,538
Revolving Loans Amortized Cost	14,699	5,890
Total	633,353	594,216
Credit Exposure Prior, Recoveries		1
Total		1
Credit Exposure Prior,Current period net		1
Total		1
Commercial real estate | Pass
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	100,853	91,819
Credit Exposure 2020	98,665	80,753
Credit Exposure 2019	80,197	89,542
Credit Exposure 2018	64,919	72,311
Credit Exposure 2017	44,565	86,946
Credit Exposure Prior	176,005	123,463
Revolving Loans Amortized Cost	14,699	5,890
Total	579,903	550,724
Commercial real estate | Special Mention
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	398
Credit Exposure 2020		2,716
Credit Exposure 2019	0	3,542
Credit Exposure 2018	2,439	849
Credit Exposure 2017	4,591	5,724
Credit Exposure Prior	1,629	449
Total	9,057	13,280
Commercial real estate | Substandard
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2020	7,040
Credit Exposure 2019	0	2,010
Credit Exposure 2018	10,124	4,913
Credit Exposure 2017	13,110	4,445
Credit Exposure Prior	13,732	8,240
Total	44,006	19,608
Commercial real estate | Nonaccrual
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2020	60	1,140
Credit Exposure 2019		151
Credit Exposure 2018	73	4,158
Credit Exposure 2017	33	4,769
Credit Exposure Prior	221	386
Total	387	10,604
Farmland
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	72,382	17,444
Credit Exposure 2020	12,776	12,668
Credit Exposure 2019	8,683	10,327
Credit Exposure 2018	8,541	6,620
Credit Exposure 2017	5,345	9,904
Credit Exposure Prior	21,881	15,681
Revolving Loans Amortized Cost	5,805	5,864
Total	135,413	78,508
Credit Exposure 2019.Charge - offs	(17)
Credit Exposure 2018.Charge - offs	56
Credit Exposure 2017.Charge - offs	(472)
Credit Exposure Prior.Charge - offs	(271)
Total	(816)
Credit Exposure 2017, Recoveries	11
Total	11
Credit Exposure 2019,Current period net	(17)
Credit Exposure 2018,Current period net	(56)
Credit Exposure 2017,Current period net	(461)
Credit Exposure Prior,Current period net	(271)
Total	(805)
Farmland | Pass
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	72,382	17,444
Credit Exposure 2020	12,776	12,668
Credit Exposure 2019	8,683	10,327
Credit Exposure 2018	8,541	6,620
Credit Exposure 2017	5,345	9,904
Credit Exposure Prior	21,626	15,402
Revolving Loans Amortized Cost	5,777	5,864
Total	135,130	78,229
Farmland | Special Mention
Financing Receivable Recorded Investment [Line Items]
Credit Exposure Prior	28	35
Total	28	35
Farmland | Substandard
Financing Receivable Recorded Investment [Line Items]
Credit Exposure Prior	118	129
Total	118	129
Farmland | Nonaccrual
Financing Receivable Recorded Investment [Line Items]
Credit Exposure Prior	109	115
Revolving Loans Amortized Cost	28
Total	137	115
1-4 family residential
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	101,523	87,578
Credit Exposure 2020	72,986	62,937
Credit Exposure 2019	48,259	52,413
Credit Exposure 2018	38,960	37,268
Credit Exposure 2017	29,331	44,021
Credit Exposure Prior	98,976	94,788
Revolving Loans Amortized Cost	13,368	10,091
Total	403,403	389,096
Credit Exposure 2017.Charge - offs		(9)
Credit Exposure Prior.Charge - offs		(59)
Total		(68)
Credit Exposure Prior, Recoveries		2
Total		2
Credit Exposure 2017,Current period net		(9)
Credit Exposure Prior,Current period net		(57)
Total		(66)
1-4 family residential | Pass
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	101,523	87,578
Credit Exposure 2020	72,986	62,937
Credit Exposure 2019	48,075	52,087
Credit Exposure 2018	38,577	37,224
Credit Exposure 2017	29,077	43,858
Credit Exposure Prior	97,575	93,486
Revolving Loans Amortized Cost	13,368	10,091
Total	401,181	387,261
1-4 family residential | Special Mention
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2017	0
Credit Exposure Prior	57	168
Total	57	168
1-4 family residential | Nonaccrual
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2019	184	326
Credit Exposure 2018	383	44
Credit Exposure 2017	254	163
Credit Exposure Prior	1,344	1,134
Total	2,165	1,667
Multi-family residential
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	13,113	5,889
Credit Exposure 2020	4,312	4,498
Credit Exposure 2019	4,392	3,617
Credit Exposure 2018	15,448	1,371
Credit Exposure 2017	1,220	1,737
Credit Exposure Prior	2,194	4,391
Revolving Loans Amortized Cost	131	198
Total	40,810	21,701
Multi-family residential | Pass
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	13,113	5,889
Credit Exposure 2020	4,312	4,498
Credit Exposure 2019	4,392	3,617
Credit Exposure 2018	15,448	1,371
Credit Exposure 2017	545	1,737
Credit Exposure Prior	2,194	4,391
Revolving Loans Amortized Cost	131	198
Total	40,135	21,701
Multi-family residential | Substandard
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2017	675
Total	675
Consumer and Overdrafts
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	21,957	24,780
Credit Exposure 2020	14,041	11,295
Credit Exposure 2019	5,685	9,509
Credit Exposure 2018	5,470	1,728
Credit Exposure 2017	829	736
Credit Exposure Prior	667	513
Revolving Loans Amortized Cost	4,838	2,825
Total	53,487	51,386
Credit Exposure 2021.Charge - offs	(180)	(243)
Credit Exposure 2020.Charge - offs	(34)	(63)
Credit Exposure 2019.Charge - offs	(38)	(31)
Credit Exposure 2018.Charge - offs	(32)	(43)
Credit Exposure 2017.Charge - offs	(2)	(3)
Credit Exposure Prior.Charge - offs		(6)
Total	(286)	(389)
Credit Exposure 2021, Recoveries	45	49
Credit Exposure 2020, Recoveries	3	2
Credit Exposure 2019, Recoveries		12
Credit Exposure 2018, Recoveries	8	8
Credit Exposure 2017, Recoveries	2	4
Credit Exposure Prior, Recoveries	19	13
Total	77	88
Credit Exposure 2021,Current period net	(135)	(194)
Credit Exposure 2020,Current period net	(31)	(61)
Credit Exposure 2019,Current period net	(38)	(19)
Credit Exposure 2018,Current period net	(24)	(35)
Credit Exposure 2017,Current period net	0	1
Credit Exposure Prior,Current period net	19	7
Total	(209)	(301)
Consumer and Overdrafts | Pass
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	21,949	24,740
Credit Exposure 2020	14,015	11,176
Credit Exposure 2019	5,654	9,369
Credit Exposure 2018	5,400	1,701
Credit Exposure 2017	820	735
Credit Exposure Prior	656	513
Revolving Loans Amortized Cost	4,838	2,825
Total	53,332	51,059
Consumer and Overdrafts | Special Mention
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021		16
Credit Exposure 2020	1	83
Credit Exposure 2019	9	9
Credit Exposure 2018		7
Total	10	115
Consumer and Overdrafts | Nonaccrual
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	8	24
Credit Exposure 2020	25	36
Credit Exposure 2019	22	131
Credit Exposure 2018	70	20
Credit Exposure 2017	9	1
Credit Exposure Prior	11
Total	145	212
Agricultural
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	2,611	3,489
Credit Exposure 2020	2,101	1,725
Credit Exposure 2019	1,057	1,936
Credit Exposure 2018	1,122	643
Credit Exposure 2017	337	342
Credit Exposure Prior	605	191
Revolving Loans Amortized Cost	6,366	7,408
Total	14,199	15,734
Credit Exposure 2019.Charge - offs		(18)
Total		(18)
Credit Exposure 2017, Recoveries		20
Total		20
Credit Exposure 2019,Current period net		(18)
Credit Exposure 2017,Current period net		20
Total		2
Agricultural | Pass
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2021	2,611	3,489
Credit Exposure 2020	2,081	1,718
Credit Exposure 2019	1,052	1,893
Credit Exposure 2018	1,082	607
Credit Exposure 2017	275	273
Credit Exposure Prior	592	189
Revolving Loans Amortized Cost	6,366	7,408
Total	14,059	15,577
Agricultural | Special Mention
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2018		36
Credit Exposure 2017	20
Total	20	36
Agricultural | Substandard
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2020		7
Credit Exposure 2019	5	10
Credit Exposure 2018	31
Credit Exposure 2017	39	24
Credit Exposure Prior	13
Total	88	41
Agricultural | Nonaccrual
Financing Receivable Recorded Investment [Line Items]
Credit Exposure 2020	20
Credit Exposure 2019		33
Credit Exposure 2018	9
Credit Exposure 2017	3	45
Credit Exposure Prior		2
Total	$ 32	$ 80

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Amortized Cost Basis of Collateral-dependent Loans (Details) - Collateral Dependent Loans - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	$ 5,268	$ 10,727
Allowance for Credit Losses Allocation	850	2,300
Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	5,268	10,727
Commercial and industrial
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	119	129
Allowance for Credit Losses Allocation	40	44
Commercial and industrial | Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	119	129
Construction and development
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	609	609
Allowance for Credit Losses Allocation	207	208
Construction and development | Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	609	609
Commercial real estate
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	4,540	9,989
Allowance for Credit Losses Allocation	603	2,048
Commercial real estate | Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Amortized cost	$ 4,540	$ 9,989

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Payment Status of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	$ 5,533	$ 15,532
Current	1,965,348	1,851,287
Total Loans	1,970,881	1,866,819
Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	2,864	4,382
Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	1,479	754
Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	1,190	10,396
Commercial Industrial and Warehouse lending
Financing Receivable Recorded Investment Past Due [Line Items]
Total Loans	380,470	445,771
Commercial and industrial
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	912	432
Current	379,558	445,339
Total Loans	308,647	356,291
Commercial and industrial | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	874	385
Commercial and industrial | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	0	25
Commercial and industrial | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	38	22
Construction and development
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	230	256
Current	309,516	270,151
Total Loans	309,746	270,407
Construction and development | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	0	256
Construction and development | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	0
Construction and development | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	230
Commercial real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	1,232	11,199
Current	632,121	583,017
Total Loans	633,353	594,216
Commercial real estate | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	197	1,094
Commercial real estate | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	777	0
Commercial real estate | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	258	10,105
Farmland
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	372	120
Current	135,041	78,388
Total Loans	135,413	78,508
Farmland | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	149	117
Farmland | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	195	3
1-4 family residential
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	2,441	2,780
Current	400,962	386,316
Total Loans	403,403	389,096
1-4 family residential | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	1,407	2,097
1-4 family residential | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	465	556
1-4 family residential | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	569	127
Multi-family residential
Financing Receivable Recorded Investment Past Due [Line Items]
Current	40,810	21,701
Total Loans	40,810	21,701
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	286	604
Current	52,706	50,440
Total Loans	52,992	51,044
Consumer | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	206	383
Consumer | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	33	124
Consumer | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	47	97
Agricultural
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	60	141
Current	14,139	15,593
Total Loans	14,199	15,734
Agricultural | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	31	50
Agricultural | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	9	46
Agricultural | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	20	45
Overdrafts
Financing Receivable Recorded Investment Past Due [Line Items]
Current	495	342
Total Loans	$ 495	$ 342

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Troubled Debt Restructuring (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021USD ($)Contract	Dec. 31, 2020USD ($)Contract
Financing Receivable, Modifications [Line Items]
Total	$ 9,606	$ 9,716
Troubled Debt Restructurings:
Number of Contracts | Contract	1	4
Pre-Modification Outstanding Recorded Investment	$ 17	$ 2,435
Post-Modification Outstanding Recorded Investment	$ 17	$ 1,836
Commercial and industrial
Troubled Debt Restructurings:
Number of Contracts | Contract	1	1
Pre-Modification Outstanding Recorded Investment	$ 17	$ 129
Post-Modification Outstanding Recorded Investment	17	$ 85
Construction and development
Troubled Debt Restructurings:
Number of Contracts | Contract		2
Pre-Modification Outstanding Recorded Investment		$ 1,289
Post-Modification Outstanding Recorded Investment		$ 1,081
Commercial real estate
Troubled Debt Restructurings:
Number of Contracts | Contract		1
Pre-Modification Outstanding Recorded Investment		$ 1,017
Post-Modification Outstanding Recorded Investment		670
Nonaccrual TDRs
Financing Receivable, Modifications [Line Items]
Total	84	90
Performing TDRs
Financing Receivable, Modifications [Line Items]
Total	$ 9,522	$ 9,626

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Line of Credit Facility [Line Items]
Securities sold under agreements to repurchase	$ 11,195	$ 15,631
Long-term line of credit	3,000	$ 12,000
Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of credit facility, current borrowing capacity	25,000
Long-term line of credit	$ 3,000
Floor | Revolving Credit Facility
Line of Credit Facility [Line Items]
Spread on variable rate	3.50%
Prime Rate | Revolving Credit Facility
Line of Credit Facility [Line Items]
Spread on variable rate	3.25%

SECURITIES SOLD UNDER AGREEME_4

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT - Summary of Fixed-Rate Advances (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Federal Home Loan Bank, Advances, Fiscal Year Maturity [Abstract]
Federal Home Loan Bank advances	$ 47,500	$ 109,101
Fixed-rate Advances, With Monthly Interest Payments
Federal Home Loan Bank, Advances, Maturities Summary, Average Interest Rate of Amounts Due [Abstract]
2021 (percent)	0.13%
2022 (percent)	1.99%
2024 (percent)	1.76%
Federal Home Loan Bank, Advances, Fiscal Year Maturity [Abstract]
2021	$ 40,000
2022	1,500
2024	6,000
Federal Home Loan Bank advances	$ 47,500

SUBORDINATED DEBENTURES - Sched

SUBORDINATED DEBENTURES - Schedule of Subordinated Debentures (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Subordinated debentures	$ 19,810	$ 19,810
Trust II Debentures
Debt Instrument [Line Items]
Subordinated debentures	3,093	3,093
Trust III Debentures
Debt Instrument [Line Items]
Subordinated debentures	2,062	2,062
DCB Trust I Debentures
Debt Instrument [Line Items]
Subordinated debentures	5,155	5,155
Other debentures
Debt Instrument [Line Items]
Subordinated debentures	$ 9,500	$ 9,500

SUBORDINATED DEBENTURES - Narra

SUBORDINATED DEBENTURES - Narrative (Details) - USD ($) $ in Thousands	Nov. 30, 2020	May 31, 2020	Sep. 30, 2021
Debt Instrument [Line Items]
Liquidation value per share			$ 1,000
Debentures mature date			30 years
Long-term Debt			$ 9,500
Subordinated debentures | Trust II Debentures
Debt Instrument [Line Items]
Debenture issued			$ 3,093
Subordinated debentures | Trust II Debentures | Minimum
Debt Instrument [Line Items]
Notice period required for redemption of debentures			30 days
Subordinated debentures | Trust II Debentures | Maximum
Debt Instrument [Line Items]
Notice period required for redemption of debentures			60 days
Redemption price of debentures as a percentage of principal			100.00%
Subordinated debentures | Trust II Debentures | 3 Month LIBOR
Debt Instrument [Line Items]
Spread on variable rate			3.35%
Subordinated debentures | Trust III Debentures
Debt Instrument [Line Items]
Debenture issued			$ 2,062
Subordinated debentures | Trust III Debentures | Minimum
Debt Instrument [Line Items]
Notice period required for redemption of debentures			30 days
Subordinated debentures | Trust III Debentures | Maximum
Debt Instrument [Line Items]
Notice period required for redemption of debentures			60 days
Redemption price of debentures as a percentage of principal			100.00%
Subordinated debentures | Trust III Debentures | 3 Month LIBOR
Debt Instrument [Line Items]
Spread on variable rate			1.67%
Subordinated debentures | DCB Trust I Debentures
Debt Instrument [Line Items]
Debenture issued			$ 5,155
Subordinated debentures | DCB Trust I Debentures | Minimum
Debt Instrument [Line Items]
Notice period required for redemption of debentures			30 days
Subordinated debentures | DCB Trust I Debentures | Maximum
Debt Instrument [Line Items]
Notice period required for redemption of debentures			60 days
Redemption price of debentures as a percentage of principal			100.00%
Subordinated debentures | DCB Trust I Debentures | 3 Month LIBOR
Debt Instrument [Line Items]
Spread on variable rate			1.80%
Subordinated debentures | Other Debentures Issued in December 2015
Debt Instrument [Line Items]
Notice period required for redemption of debentures		30 days
Redemption price of debentures as a percentage of principal		100.00%
Debenture issued, par value per instrument issued		$ 500
Debt instrument maturity start date		Nov. 1, 2020
Debt instrument maturity end date		Nov. 1, 2024
Long-term Debt			$ 9,500
Subordinated debentures | Other Debentures Issued in December 2015 | Directors and Related Parties
Debt Instrument [Line Items]
Debenture issued		$ 10,000
Subordinated debentures | Other Debentures Issued in December 2015 | Minimum
Debt Instrument [Line Items]
Stated interest rate		1.00%
Subordinated debentures | Other Debentures Issued in December 2015 | Maximum
Debt Instrument [Line Items]
Stated interest rate		4.00%
Subordinated debentures | Other Subordinated Debentures Issued In July 2015 [Member]
Debt Instrument [Line Items]
Debentures that matured and were paid off	$ 500

SUBORDINATED DEBENTURES - Sch_2

SUBORDINATED DEBENTURES - Schedule of Trusts (Details) $ in Thousands	Sep. 30, 2021USD ($)shares
Trust II
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Common securities liquidation value	$ 93
Trust III
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Common securities liquidation value	62
DCB Trust I
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Common securities liquidation value	$ 155
Capital trust pass-through securities | Trust II
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Number of shares (in shares) | shares	3,000
Original liquidation value	$ 3,000
Capital trust pass-through securities | Trust III
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Number of shares (in shares) | shares	2,000
Original liquidation value	$ 2,000
Capital trust pass-through securities | DCB Trust I
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Number of shares (in shares) | shares	5,000
Original liquidation value	$ 5,000

SUBORDINATED DEBENTURES - Sch_3

SUBORDINATED DEBENTURES - Schedule of Terms of Subordinated Debentures (Details) - Subordinated debentures $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Trust II Debentures
Debt Instrument [Line Items]
Original amount	$ 3,093
Maturity date	Oct. 30, 2032
Interest due	Quarterly
Trust III Debentures
Debt Instrument [Line Items]
Original amount	$ 2,062
Maturity date	Oct. 1, 2036
Interest due	Quarterly
DCB Trust I Debentures
Debt Instrument [Line Items]
Original amount	$ 5,155
Maturity date	Jun. 15, 2037
Interest due	Quarterly

SUBORDINATED DEBENTURES - Sch_4

SUBORDINATED DEBENTURES - Schedule of Principal Payments and Weighted Average Rates of Other Debentures (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Long Term Debt By Maturity [Abstract]
Current Weighted Average Rate, 2022	2.45%
Current Weighted Average Rate, 2023	2.85%
Current Weighted Average Rate, 2024	3.74%
Principal Due, 2022	$ 2,000
Principal Due, 2023	3,500
Principal Due, 2024	4,000
Principal payments	$ 9,500

EQUITY AWARDS - Narrative (Deta

EQUITY AWARDS - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	$ 1,831
Unrecognized compensation expense, period for recognition	3 years 1 month 28 days
Restricted Stock | Minimum | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years
2015 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares permitted for grant (in shares)	1,100,000
Grace period for vested options, forfeitures in period	90 days
2015 Equity Incentive Plan | Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual term	10 years
Share-based compensation expense	$ 512	$ 494
2015 Equity Incentive Plan | Option | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years
2015 Equity Incentive Plan | Option | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	10 years
2015 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 512	$ 494

EQUITY AWARDS - Schedule of Sto

EQUITY AWARDS - Schedule of Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Number of Shares
Outstanding at beginning of year (in shares)	506,200	508,000	508,000
Effect of 10% stock dividend (in shares)	50,770
Granted (in shares)	45,500	39,000
Exercised (in shares)	(48,630)	(3,000)
Forfeited (in shares)	(19,020)	(37,600)
Balance (in shares)	534,820	506,400	506,200	508,000
Exercisable
Outstanding (in shares)	307,786	302,220
Weighted-average exercise price (in USD per share)	$ 23.78	$ 25.55
Weighted-average remaining contractual life in years	4 years 3 months 29 days	4 years 9 months 7 days
Aggregate intrinsic value	$ 3,715	$ 244
Weighted-Average Exercise Price
Outstanding at beginning of year (in USD per share)	$ 26.81	$ 26.68	$ 26.68
Granted (in USD per share)	33.49	27.43
Exercised (in USD per share)	22.89	24
Forfeited (in USD per share)	26.01	29.68
Balance (in USD per share)	$ 25.22	$ 26.53	$ 26.81	$ 26.68
Weighted-Average Remaining Contractual Life in Years
Outstanding	5 years 6 months 10 days	5 years 7 months 13 days	5 years 9 months 25 days	6 years 2 months 26 days
Granted	9 years 7 months 2 days	9 years 6 months 3 days
Exercised	3 years 9 months 25 days	2 years 14 days
Forfeited	6 years 10 months 2 days	8 years 1 month 13 days
Aggregate Intrinsic Value
Outstanding	$ 1,805	$ 3,159	$ 3,159
Granted	107	24
Exercised	630	3
Forfeited	187	24
Outstanding	$ 5,684	$ 304	$ 1,805	$ 3,159

EQUITY AWARDS - Schedule of S_2

EQUITY AWARDS - Schedule of Stock Option Activity (Parenthetical) (Details)	9 Months Ended
	Sep. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock dividend percentage	10.00%

EQUITY AWARDS - Schedule of Non

EQUITY AWARDS - Schedule of Nonvested Stock Option Activity (Details) - $ / shares	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Number of Shares
Outstanding at beginning of year (in shares)	214,680	251,120
Effect of 10% stock dividend (in shares)	23,218
Granted (in shares)	45,500	39,000
Vested (in shares)	(47,344)	(53,340)
Forfeited (in shares)	(9,020)	(32,600)
Balance (in shares)	227,034	204,180
Weighted-Average Exercise Price
Outstanding at beginning of year (in USD per share)	$ 4.46	$ 4.97
Granted (in USD per share)	5.82	3.86
Vested (in USD per share)	(5.72)	(6.07)
Forfeited (in USD per share)	(8.06)	(2.20)
Balance (in USD per share)	$ 5.11	$ 5.54

EQUITY AWARDS - Schedule of N_2

EQUITY AWARDS - Schedule of Nonvested Stock Option Activity (Parenthetical) (Details)	9 Months Ended
	Sep. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock dividend percentage	10.00%

EQUITY AWARDS - Information Rel

EQUITY AWARDS - Information Related to Stock Options Plan (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Intrinsic value of options exercised	$ 630	$ 3
Cash received from options exercised	$ 1,113	$ 72
Weighted average fair value of options granted (in USD per share)	$ 5.82	$ 3.86

EQUITY AWARDS - Summary of Rest

EQUITY AWARDS - Summary of Restricted Stock Awards and Units Activity (Details) - Restricted Stock Awards And Units [Member] - $ / shares	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Number of Shares
Outstanding at beginning of year (in shares)	35,300	31,459
Effect of 10% stock dividend (in shares)	3,530
Granted (in shares)	3,500	0
Vested (in shares)	(7,850)	(13,380)
Forfeited (in shares)	0	0
Balance (in shares)	34,480	18,079
Weighted-Average Grant Date Fair Value
Outstanding at beginning of year	$ 29.72	$ 30.29
Granted	33.09	0
Vested	27.26	30.30
Forfeited	0	0
Balance	$ 27.41	$ 30.28

EQUITY AWARDS - Summary of Re_2

EQUITY AWARDS - Summary of Restricted Stock Awards and Units Activity (Parenthetical) (Details)	9 Months Ended
	Sep. 30, 2021
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock dividend percentage	10.00%

EMPLOYEE BENEFITS - Narrative (

EMPLOYEE BENEFITS - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Employee stock ownership plan, maximum employer contribution as a percentage of participant's qualified compensation	5.00%
Employee stock ownership plan, total contributions accrued or paid	$ 1,146	$ 1,031
Employee stock ownership plan, shares held under plan (in shares)	1,287,897
Employee stock ownership plan, unallocated shares (in shares)	0
Cash surrender value of life insurance	$ 36,582		$ 35,510
Gain on proceeds from life insurance policies	277,000	0
Bonus expense	3,529	1,610
Executive Incentive Retirement Plan | Postretirement Life Insurance | Nonqualified Plan | Unfunded Plan
Defined Benefit Plan Disclosure [Line Items]
Cash surrender value of life insurance	36,582		35,510
Plan cost	588	$ 500	592
Plan obligation	$ 4,861		$ 4,383

LEASES - Additional Information

LEASES - Additional Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Operating leases, option to extend	10 years
Operating lease right-of-use assets	$ 14,810		$ 13,291
Operating lease right-of-use liabilities	15,243		$ 13,539
Occupancy Expenses
Operating leases, rental expense	$ 1,715	$ 1,416
Minimum
Operating leases, remaining lease term	1 year
Maximum
Operating leases, remaining lease term	14 years

LEASES - Schedule of Summarizes

LEASES - Schedule of Summarizes Other Information Related to Operating Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Operating leases
Operating lease right-of-use assets	$ 14,810	$ 13,291
Operating lease liabilities	$ 15,243	$ 13,539
Weighted average remaining lease term
Operating leases	9 years	9 years
Weighted average discount rate
Operating leases	1.95%	2.19%

LEASES - Schedule of Minimum Fu

LEASES - Schedule of Minimum Future Lease Payments Under Non-Cancelable Operating Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Leases [Abstract]
2021	$ 554
2022	2,152
2023	2,090
2024	2,035
2025	1,868
Thereafter	7,441
Total lease payments	16,140
Less: interest	(897)
Present value of lease liabilities	$ 15,243	$ 13,539

INCOME TAXES - Schedule of Inco

INCOME TAXES - Schedule of Income Tax Expense and Effective Tax Rate (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Income tax expense for the period	$ 2,179	$ 2,350	$ 6,827	$ 3,605
Effective tax rate	19.06%	(18.82%)	18.22%	17.09%

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Federal statutory tax rate	21.00%	21.00%	21.00%	21.00%

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Derivative [Line Items]
Swaps cancellation expenses	$ 19,287,000	$ 16,758,000	$ 54,302,000	$ 48,349,000
Interest expense	1,665,000	$ 2,677,000	5,494,000	10,759,000
Unrealized loss to be reclassified as a reduction of interest expense			0
Interest Rate Swap
Derivative [Line Items]
Notional amount	5,000,000		5,000,000
Swaps cancellation expenses			466,000
Designated as Hedging Instrument | Cash Flow Hedging | Interest Rate Swap
Derivative [Line Items]
Interest expense			483,000	$ 509,000
Designated as Hedging Instrument | Cash Flow Hedging | Interest Rate Swap | FHLB Advances
Derivative [Line Items]
Notional amount	$ 40,000,000		$ 40,000,000		$ 40,000,000

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Information Pertaining to Outstanding Interest Rate Swap Agreements (Details) - Designated as Hedging Instrument - Cash Flow Hedging - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Interest Rate Swap, 3 month LIBOR plus 1.67%
Derivative [Line Items]
Notional Amount		$ 2,000,000
Pay Rate		5.979%
Effective Date		Oct. 1, 2016
Maturity in Years		5 years 3 months
Unrealized Losses		$ 408,000
Interest Rate Swap, 3 month LIBOR plus 1.67% | LIBOR
Derivative [Line Items]
Receive Rate		1.67%
Interest Rate Swap, 3 month LIBOR plus 3.35%
Derivative [Line Items]
Notional Amount		$ 3,000,000
Pay Rate		7.505%
Effective Date		Oct. 30, 2012
Maturity in Years		1 year 9 months 29 days
Unrealized Losses		$ 221,000
Interest Rate Swap, 3 month LIBOR plus 3.35% | LIBOR
Derivative [Line Items]
Receive Rate		3.35%
Interest Rate Swap, 3 month LIBOR
Derivative [Line Items]
Notional Amount	$ 15,000,000	$ 15,000,000
Pay Rate	0.668%	0.668%
Effective Date	Mar. 18, 2020	Mar. 18, 2020
Maturity in Years	1 year 5 months 19 days	2 years 2 months 19 days
Unrealized Losses	$ 93,000	$ 159,000
Interest Rate Swap, 3 month LIBOR
Derivative [Line Items]
Notional Amount	$ 15,000,000	$ 15,000,000
Pay Rate	0.79%	0.79%
Effective Date	Mar. 18, 2020	Mar. 18, 2020
Maturity in Years	3 years 5 months 19 days	4 years 2 months 19 days
Unrealized Losses	$ 17,000	$ 288,000
Interest Rate Swap, 3 month LIBOR
Derivative [Line Items]
Notional Amount	$ 10,000,000	$ 10,000,000
Pay Rate	0.53%	0.53%
Effective Date	Mar. 23, 2020	Mar. 23, 2020
Maturity in Years	1 year 5 months 23 days	2 years 2 months 23 days
Unrealized Losses	$ 41,000	$ 75,000

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Other Commitments [Line Items]
FHLB letters of credit	$ 35,833,000
Letters of credit
Other Commitments [Line Items]
Potential guarantee obligation	0	$ 0
Loans Receivable
Other Commitments [Line Items]
Allowance for credit loss	$ 0	$ 0

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Schedule of Commitments and Letters of Credit (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Commitments to extend credit
Other Commitments [Line Items]
Off-balance sheet liability	$ 392,332	$ 324,277
Letters of credit
Other Commitments [Line Items]
Off-balance sheet liability	$ 9,922	$ 8,488

REGULATORY MATTERS - Narrative

REGULATORY MATTERS - Narrative (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Subordinated debentures | Subordinated Debentures II, Subordinated Debentures III, and DCB Debentures I
Common equity tier 1 capital to risk-weighted assets:
Debenture issued	$ 10,310,000	$ 10,310,000
Maximum
Common equity tier 1 capital to risk-weighted assets:
Capital conservation buffer percentage	2.50%

REGULATORY MATTERS - Comparison

REGULATORY MATTERS - Comparison of the Company's and Bank's Actual Capital Amounts and Ratios to Required Capital Amounts and Ratios (Details) $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Total capital to risk-weighted assets:
Actual, Amount	$ 289,390	$ 263,144
Actual, Ratio	14.13	13.20
Minimum Required for Capital Adequacy Purposes, Amount	$ 163,886	$ 159,496
Minimum Required for Capital Adequacy Purposes, Ratio	8	8
Minimum Required Under Basel III (Including Buffer), Amount	$ 215,100	$ 209,338
Minimum Required Under Basel III (Including Buffer), Ratio	10.50	10.50
Tier 1 capital to risk-weighted assets:
Actual, Amount	$ 263,721	$ 238,115
Actual, Ratio	12.87	11.94
Minimum Required for Capital Adequacy Purposes, Amount	$ 122,914	$ 119,622
Minimum Required for Capital Adequacy Purposes, Ratio	6	6
Minimum Required Under Basel III (Including Buffer), Amount	$ 174,129	$ 169,464
Minimum Required Under Basel III (Including Buffer), Ratio	8.50	8.50
Tier 1 capital to average assets:
Actual, Amount	$ 263,721	$ 238,115
Actual, Ratio	9.06	9.13
Minimum Required for Capital Adequacy Purposes, Amount	$ 116,422	$ 104,293
Minimum Required for Capital Adequacy Purposes, Ratio	4	4
Minimum Required Under Basel III (Including Buffer), Amount	$ 116,422	$ 104,293
Minimum Required Under Basel III (Including Buffer), Ratio	4	4
Common equity tier 1 capital to risk-weighted assets:
Actual, Amount	$ 253,411	$ 227,805
Actual, Ratio	12.37	11.43
Minimum Required for Capital Adequacy Purposes, Amount	$ 92,186	$ 89,716
Minimum Required for Capital Adequacy Purposes, Ratio	4.50%	4.50%
Minimum Required Under Basel III (Including Buffer), Amount	$ 143,400	$ 139,559
Minimum Required Under Basel III (Including Buffer), Ratio	7.00%	7.00%
Bank
Total capital to risk-weighted assets:
Actual, Amount	$ 301,528	$ 285,490
Actual, Ratio	14.71	14.32
Minimum Required for Capital Adequacy Purposes, Amount	$ 164,015	$ 159,514
Minimum Required for Capital Adequacy Purposes, Ratio	8	8
Minimum Required Under Basel III (Including Buffer), Amount	$ 215,270	$ 209,362
Minimum Required Under Basel III (Including Buffer), Ratio	10.50	10.50
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 205,019	$ 199,392
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10	10
Tier 1 capital to risk-weighted assets:
Actual, Amount	$ 275,839	$ 260,459
Actual, Ratio	13.45	13.06
Minimum Required for Capital Adequacy Purposes, Amount	$ 123,011	$ 119,635
Minimum Required for Capital Adequacy Purposes, Ratio	6	6
Minimum Required Under Basel III (Including Buffer), Amount	$ 174,266	$ 169,483
Minimum Required Under Basel III (Including Buffer), Ratio	8.50	8.50
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 164,015	$ 159,514
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8	8
Tier 1 capital to average assets:
Actual, Amount	$ 275,839	$ 260,459
Actual, Ratio	9.48	9.99
Minimum Required for Capital Adequacy Purposes, Amount	$ 116,418	$ 104,293
Minimum Required for Capital Adequacy Purposes, Ratio	4	4
Minimum Required Under Basel III (Including Buffer), Amount	$ 116,418	$ 104,293
Minimum Required Under Basel III (Including Buffer), Ratio	4	4
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 145,523	$ 130,366
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5	5
Common equity tier 1 capital to risk-weighted assets:
Actual, Amount	$ 275,839	$ 260,459
Actual, Ratio	13.45	13.06
Minimum Required for Capital Adequacy Purposes, Amount	$ 92,259	$ 89,726
Minimum Required for Capital Adequacy Purposes, Ratio	4.50%	4.50%
Minimum Required Under Basel III (Including Buffer), Amount	$ 143,513	$ 139,574
Minimum Required Under Basel III (Including Buffer), Ratio	7.00%	7.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 133,262	$ 129,605
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%

FAIR VALUE - Schedule of Financ

FAIR VALUE - Schedule of Financial Assets (Liabilities) Measured at Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 269,070	$ 380,795
Loans held for sale		5,542
Cash surrender value of life insurance	36,582	35,510
SBA servicing assets	808	763
Derivative instrument assets		629
Derivative instrument liabilities	(151)	(1,151)
Individually evaluated collateral dependent loans	4,418
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	159,142	107,164
Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	64,623	66,945
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	35,246	30,982
U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,059
Assets (liabilities) at fair value on a recurring basis: | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	159,142	107,164
Assets (liabilities) at fair value on a recurring basis: | Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	64,623	66,945
Assets (liabilities) at fair value on a recurring basis: | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,059	30,982
Assets (liabilities) at fair value on a recurring basis: | U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	1,903
Assets at fair value on a nonrecurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually evaluated collateral dependent loans	4,418	8,427
Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale		175,704
Municipal securities | Assets (liabilities) at fair value on a recurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	35,246	175,704
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale		0
Cash surrender value of life insurance	0	0
SBA servicing assets	0	0
Derivative instrument assets		0
Derivative instrument liabilities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Assets (liabilities) at fair value on a recurring basis: | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Assets (liabilities) at fair value on a recurring basis: | Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Assets (liabilities) at fair value on a recurring basis: | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Assets (liabilities) at fair value on a recurring basis: | U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Assets at fair value on a nonrecurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually evaluated collateral dependent loans		0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal securities | Assets (liabilities) at fair value on a recurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale		0
Cash surrender value of life insurance	36,582	35,510
SBA servicing assets	0	0
Derivative instrument assets		629
Derivative instrument liabilities	(151)	(1,151)
Significant Other Observable Inputs (Level 2) | Assets (liabilities) at fair value on a recurring basis: | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	159,142	107,164
Significant Other Observable Inputs (Level 2) | Assets (liabilities) at fair value on a recurring basis: | Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	64,623	66,945
Significant Other Observable Inputs (Level 2) | Assets (liabilities) at fair value on a recurring basis: | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,059	30,982
Significant Other Observable Inputs (Level 2) | Assets (liabilities) at fair value on a recurring basis: | U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	0
Significant Other Observable Inputs (Level 2) | Assets at fair value on a nonrecurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually evaluated collateral dependent loans		0
Significant Other Observable Inputs (Level 2) | Municipal securities | Assets (liabilities) at fair value on a recurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	35,246	175,704
Significant Other Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale		5,542
Cash surrender value of life insurance	0	0
SBA servicing assets	808	763
Derivative instrument assets		0
Derivative instrument liabilities	0	0
Individually evaluated collateral dependent loans	4,418
Significant Other Unobservable Inputs (Level 3) | Assets (liabilities) at fair value on a recurring basis: | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Significant Other Unobservable Inputs (Level 3) | Assets (liabilities) at fair value on a recurring basis: | Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Significant Other Unobservable Inputs (Level 3) | Assets (liabilities) at fair value on a recurring basis: | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	0	0
Significant Other Unobservable Inputs (Level 3) | Assets (liabilities) at fair value on a recurring basis: | U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	1,903
Significant Other Unobservable Inputs (Level 3) | Assets at fair value on a nonrecurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually evaluated collateral dependent loans	4,418	8,427
Significant Other Unobservable Inputs (Level 3) | Municipal securities | Assets (liabilities) at fair value on a recurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 0	$ 0

FAIR VALUE - Fair Value of Fore

FAIR VALUE - Fair Value of Foreclosed Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Carrying Value | Other real estate owned remeasured at initial recognition
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	$ 0	$ 42	$ 0
Carrying Value | Revision of Prior Period, Adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0	62	62
Charge-offs | Other real estate owned remeasured at initial recognition
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0	(9)	0
Charge-offs | Revision of Prior Period, Adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0	(1)	(1)
Fair Value | Other real estate owned remeasured at initial recognition
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0	33	0
Fair Value | Revision of Prior Period, Adjustment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	$ 0	$ 61	$ 61

FAIR VALUE - Schedule of Quanti

FAIR VALUE - Schedule of Quantitative Information About Nonrecurring Level 3 Fair Value Measurements (Details) - Cost to Sell - Other real estate owned - Appraisal value of collateral $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Assets at fair value on a nonrecurring basis: | Significant Other Unobservable Inputs (Level 3)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned	$ 40	$ 404
Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned, input (percent)	0.10	0.10
Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned, input (percent)	0.20	0.20
Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned, input (percent)	0.16	0.16

FAIR VALUE - Schedule of Indivi

FAIR VALUE - Schedule of Individually Evaluated Collateral Dependent Loans at Fair Value (Details) $ in Thousands	Sep. 30, 2021USD ($)
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Individually evaluated collateral dependent loans	$ 4,418
Significant Other Unobservable Inputs (Level 3)
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Individually evaluated collateral dependent loans	4,418
Construction and Development
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Individually evaluated collateral dependent loans	402
Construction and Development | Significant Other Unobservable Inputs (Level 3)
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Individually evaluated collateral dependent loans	402
Commercial Real Estate
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Individually evaluated collateral dependent loans	3,937
Commercial Real Estate | Significant Other Unobservable Inputs (Level 3)
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Individually evaluated collateral dependent loans	3,937
Commercial and Industrial
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Individually evaluated collateral dependent loans	79
Commercial and Industrial | Significant Other Unobservable Inputs (Level 3)
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Individually evaluated collateral dependent loans	$ 79

FAIR VALUE - Schedule of Carryi

FAIR VALUE - Schedule of Carrying Amounts and Estimated Fair Value of Assets And Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Reported Value Measurement
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	$ 408,875	$ 351,792
Marketable securities held to maturity	173,676
Loans, net	1,938,268	1,831,737
Accrued interest receivable	7,673	9,834
Nonmarketable equity securities	14,061	14,095
Financial liabilities:
Deposits	2,563,071	2,286,390
Securities sold under repurchase agreements	11,195	15,631
Accrued interest payable	555	804
Federal Home Loan Bank advances	47,500	109,101
Subordinated debentures	19,810	19,810
Fair Value
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	408,875	351,792
Marketable securities held to maturity	182,631
Loans, net	1,949,191	1,846,868
Accrued interest receivable	7,673	9,834
Nonmarketable equity securities	14,061	14,095
Financial liabilities:
Deposits	2,563,869	2,288,157
Securities sold under repurchase agreements	11,195	15,631
Accrued interest payable	555	804
Federal Home Loan Bank advances	47,653	109,381
Subordinated debentures	17,813	17,406
Fair Value | Level 1 Inputs
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	408,875	351,792
Marketable securities held to maturity	0
Loans, net	0	0
Accrued interest receivable	0	0
Nonmarketable equity securities		0
Financial liabilities:
Deposits	2,221,716	1,907,587
Securities sold under repurchase agreements	0	0
Accrued interest payable	0	0
Federal Home Loan Bank advances	0	0
Subordinated debentures		0
Fair Value | Level 2 Inputs
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	0	0
Marketable securities held to maturity	182,631
Loans, net	0	0
Accrued interest receivable	7,673	9,834
Nonmarketable equity securities	14,061	14,095
Financial liabilities:
Deposits	342,153	380,570
Securities sold under repurchase agreements	11,195	15,631
Accrued interest payable	555	804
Federal Home Loan Bank advances	47,653	109,381
Subordinated debentures	17,813	17,406
Fair Value | Level 3 Inputs
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	0	0
Marketable securities held to maturity	0
Loans, net	1,949,191	1,846,868
Accrued interest receivable	0	0
Nonmarketable equity securities		0
Financial liabilities:
Deposits	0	0
Securities sold under repurchase agreements	0	0
Accrued interest payable	0	0
Federal Home Loan Bank advances	0	0
Subordinated debentures		$ 0

EARNINGS PER SHARE - Schedule o

EARNINGS PER SHARE - Schedule of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Numerator:
Net earnings (basic)	$ 9,253	$ 10,134	$ 30,647	$ 17,487
Net earnings (diluted)	$ 9,253	$ 10,134	$ 30,647	$ 17,487
Denominator:
Weighted-average shares outstanding (basic) (in shares)	12,067,769	12,113,266	12,054,426	12,271,889
Effect of dilutive securities:
Common stock equivalent shares from stock options (in shares)	143,620		155,058
Weighted-average shares outstanding (diluted) (in shares)	12,211,389	12,113,266	12,209,484	12,271,889
Net earnings per share
Basic (in USD per share)	$ 0.77	$ 0.84	$ 2.54	$ 1.43
Diluted (in USD per share)	$ 0.76	$ 0.84	$ 2.51	$ 1.43

EARNINGS PER SHARE - Schedule_2

EARNINGS PER SHARE - Schedule of Basic and Diluted Earnings Per Share (Parenthetical) (Details)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Percentage of stock dividend issued	10.00%