Guaranty Bancshares (GNTY) 10-Q 7 Nov 19 2019 Q3 Quarterly report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION - shares	9 Months Ended
	Sep. 30, 2019	Nov. 01, 2019
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Trading Symbol	GNTY
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 Registrant Name	GUARANTY BANCSHARES INC /TX/
Entity Central Index Key	0001058867
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		11,531,943
Entity Interactive Data Current	Yes
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, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 42,051	$ 44,471
Federal funds sold	14,250	20,275
Interest-bearing deposits	2,347	6,764
Total cash and cash equivalents	58,648	71,510
Securities available for sale	221,345	232,975
Securities held to maturity	156,925	163,164
Loans held for sale	3,841	1,795
Loans, net	1,720,595	1,645,444
Accrued interest receivable	7,825	9,292
Premises and equipment, net	52,956	52,227
Other real estate owned	551	751
Cash surrender value of life insurance	34,280	26,301
Deferred tax asset	2,363	3,209
Core deposit intangible, net	4,066	4,706
Goodwill	32,160	32,160
Other assets	30,467	23,436
Total assets	2,326,022	2,266,970
Deposits
Noninterest-bearing	528,301	489,789
Interest-bearing	1,435,012	1,381,691
Total deposits	1,963,313	1,871,480
Securities sold under agreements to repurchase	11,363	12,228
Accrued interest and other liabilities	23,508	10,733
Federal Home Loan Bank advances	60,623	115,136
Subordinated debentures	11,310	12,810
Total liabilities	2,070,117	2,022,387
Commitments and contingencies (see Note 12)
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, 12,889,597 and 12,835,486 shares issued, and 11,534,393 and 11,829,868 shares outstanding, respectively	12,890	12,835
Additional paid-in capital	186,165	185,174
Retained earnings	92,947	80,088
Treasury stock, 1,355,204 and 1,005,618 shares at cost	(34,419)	(24,352)
Accumulated other comprehensive loss	(1,678)	(9,162)
Total shareholders' equity	255,905	244,583
Total liabilities and shareholders' equity	$ 2,326,022	$ 2,266,970

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
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)	12,889,597	12,835,486
Common stock, shares outstanding (in shares)	11,534,393	11,829,868
Treasury stock (in shares)	1,355,204	1,005,618

CONSOLIDATED STATEMENTS OF EARN

CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Interest income
Loans, including fees	$ 22,996	$ 20,879	$ 67,821	$ 55,377
Securities
Taxable	1,417	1,526	4,543	4,713
Nontaxable	955	966	2,871	2,812
Federal funds sold and interest-bearing deposits	485	304	1,478	837
Total interest income	25,853	23,675	76,713	63,739
Interest expense
Deposits	5,304	4,670	16,681	11,948
FHLB advances and federal funds purchased	298	593	1,126	1,181
Subordinated debentures	156	173	495	516
Other borrowed money	12	10	35	34
Total interest expense	5,770	5,446	18,337	13,679
Net interest income	20,083	18,229	58,376	50,060
Provision for loan losses	100	500	1,250	1,750
Net interest income after provision for loan losses	19,983	17,729	57,126	48,310
Noninterest income
Service charges	978	921	2,693	2,661
Net realized gain (loss) on securities transactions		1	(22)	(50)
Net realized gain on sale of loans	910	637	2,070	1,871
Other income	2,728	1,990	7,547	6,648
Total noninterest income	4,616	3,549	12,288	11,130
Noninterest expense
Employee compensation and benefits	8,896	8,156	26,575	23,723
Occupancy expenses	2,448	2,217	7,336	6,076
Other expenses	4,091	4,654	12,388	12,431
Total noninterest expense	15,435	15,027	46,299	42,230
Income before income taxes	9,164	6,251	23,115	17,210
Income tax provision	1,634	1,160	4,205	3,126
Net earnings	$ 7,530	$ 5,091	$ 18,910	$ 14,084
Basic earnings per share (in USD per share)	$ 0.65	$ 0.43	$ 1.62	$ 1.23
Diluted earnings per share (in USD per share)	$ 0.65	$ 0.42	$ 1.62	$ 1.22

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net earnings	$ 7,530	$ 5,091	$ 18,910	$ 14,084
Unrealized gains (losses) on securities
Unrealized holding gains (losses) arising during the period	1,232	(1,592)	9,716	(6,104)
Amortization of net unrealized gains on held to maturity securities	5	6	14	28
Reclassification adjustment for net (gains) losses included in net earnings		(1)	22	50
Tax effect	(260)	334	(2,065)	1,271
Unrealized gains (losses) on securities, net of tax	977	(1,253)	7,687	(4,755)
Unrealized holding (losses) gains arising during the period on interest rate swaps	(29)	67	(203)	263
Total other comprehensive income (loss)	948	(1,186)	7,484	(4,492)
Reclassification of certain tax effects from accumulated other comprehensive income				(486)
Comprehensive income	$ 8,478	$ 3,905	$ 26,394	$ 9,106

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2017	$ 207,345	$ 0	$ 11,921	$ 155,601	$ 66,037	$ (20,087)	$ (6,127)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	14,084				14,084
Other comprehensive income (loss)	(4,492)						(4,492)
Reclassification of certain tax effects from accumulated other comprehensive income					486		(486)
Exercise of stock options	140		6	134
Purchase of treasury stock	(9)					(9)
Issuance of common stock	29,568		900	28,668
Stock based compensation	378			378
Dividends: Common Stock	(5,017)				(5,017)
Ending balance at Sep. 30, 2018	241,997	0	12,827	184,781	75,590	(20,096)	(11,105)
Beginning balance at Jun. 30, 2018	239,658	0	12,823	184,548	72,293	(20,087)	(9,919)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	5,091				5,091
Other comprehensive income (loss)	(1,186)						(1,186)
Exercise of stock options	94		4	90
Purchase of treasury stock	(9)					(9)
Stock based compensation	143			143
Dividends: Common Stock	(1,794)				(1,794)
Ending balance at Sep. 30, 2018	241,997	0	12,827	184,781	75,590	(20,096)	(11,105)
Beginning balance at Dec. 31, 2018	244,583	0	12,835	185,174	80,088	(24,352)	(9,162)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	18,910				18,910
Other comprehensive income (loss)	7,484						7,484
Exercise of stock options	553		24	529
Purchase of treasury stock	(10,067)					(10,067)
Restricted stock grants			31	(31)
Stock based compensation	493			493
Dividends: Common Stock	(6,051)				(6,051)
Ending balance at Sep. 30, 2019	255,905	0	12,890	186,165	92,947	(34,419)	(1,678)
Beginning balance at Jun. 30, 2019	250,121	0	12,886	185,918	87,492	(33,549)	(2,626)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	7,530				7,530
Other comprehensive income (loss)	948						948
Exercise of stock options	72		4	68
Purchase of treasury stock	(870)					(870)
Stock based compensation	179			179
Dividends: Common Stock	(2,075)				(2,075)
Ending balance at Sep. 30, 2019	$ 255,905	$ 0	$ 12,890	$ 186,165	$ 92,947	$ (34,419)	$ (1,678)

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement Of Stockholders Equity [Abstract]
Common stock dividends (in USD per share)	$ 0.18	$ 0.15	$ 0.52	$ 0.43

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Cash flows from operating activities
Net earnings	$ 7,530	$ 5,091	$ 18,910	$ 14,084
Adjustments to reconcile net earnings to net cash provided from operating activities:
Depreciation			2,914	2,457
Amortization			1,040	881
Deferred taxes			(1,219)	577
Premium amortization, net of discount accretion			2,888	3,247
Net realized loss on securities transactions		(1)	22	50
Gain on sale of loans	(910)	(637)	(2,070)	(1,871)
Provision for loan losses	100	500	1,250	1,750	$ 2,250
Origination of loans held for sale			(55,265)	(56,276)
Proceeds from loans held for sale			55,289	59,217
Write-down of other real estate and repossessed assets			0	392
Net loss on sale of premises, equipment, other real estate owned and other assets			19	478
Stock based compensation			493	378
Net change in accrued interest receivable and other assets			(13,943)	(5,170)
Net change in accrued interest payable and other liabilities			10,495	1,768
Net cash provided by operating activities			20,823	21,962
Securities available for sale:
Purchases			(5,120)	(124,914)
Proceeds from sales			3,957	111,813
Proceeds from maturities and principal repayments			21,182	20,697
Securities held to maturity:
Proceeds from maturities and principal repayments			4,692	8,184
Cash paid in connection with acquisitions			0	(6,423)
Net originations of loans			(76,538)	(138,024)
Net purchases of premises and equipment			(3,643)	(2,924)
Net proceeds from sale of premises, equipment, other real estate owned and other assets			318	1,898
Net cash used in investing activities			(55,152)	(104,766)
Cash flows from financing activities
Net change in deposits			91,833	(20,402)
Net change in securities sold under agreements to repurchase			(865)	(1,772)
Proceeds from FHLB advances			156,000	325,000
Repayment of FHLB advances			(210,513)	(251,513)
Repayments of debentures			(1,500)	(1,000)
Purchase of treasury stock			(10,067)	(9)
Exercise of stock options			553	140
Cash dividends			(3,974)	(5,017)
Net cash provided by financing activities			21,467	45,427
Net change in cash and cash equivalents			(12,862)	(37,377)
Cash and cash equivalents at beginning of period			71,510	91,428	91,428
Cash and cash equivalents at end of period	58,648	54,051	58,648	54,051	$ 71,510
Supplemental disclosures of cash flow information
Interest paid			18,269	13,137
Income taxes paid			4,011	4,008
Supplemental schedule of noncash investing and financing activities
Cash dividends accrued	$ 2,077	$ 0	2,077	0
Transfer loans to other real estate owned and repossessed assets			137	591
Common stock issued in acquisitions			0	29,568
Reclassification of certain tax effects from accumulated other comprehensive income			0	486
Acquired banks
Securities held to maturity:
Cash received from acquired banks			$ 0	$ 24,927

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2019
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 making 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 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, 2018, included in Guaranty’s Annual Report on Form 10-K for the year ended December 31, 2018. 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. Recent Accounting Pronouncements : In February 2018, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) 2018-02, Income Statement — Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which sets forth a "current expected credit loss" ("CECL") model requiring the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. For public companies, the amendments in this update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company expects that the transition will result in an increase to the allowance for loan losses upon adoption on January 1, 2020, although we are not yet prepared to disclosure the magnitude of the expected increase. The Company’s transition team has run parallel models for calculating the expected losses using various forecasts and qualitative factor adjustments, beginning in January 2019, to gain a comprehensive understanding of the impact that CECL and its underlying assumptions will have on the allowance upon adoption and through future periods. Documentation and model assumptions will continue to be refined during the fourth quarter of 2019. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842)

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
ACQUISITIONS	NOTE 2 - ACQUISITIONS On close of business June 1, 2018, the Company acquired 100% of the outstanding shares of capital stock of Westbound Bank, a Texas banking association (“Westbound”), in exchange for a combination of cash and shares of the Company’s common stock amounting to total consideration of $35,991. Under the terms of the acquisition, the Company issued 899,816 shares of the Company’s common stock in exchange for 2,311,952 shares of Westbound, representing 100% of the outstanding shares of common and preferred stock of Westbound. With the acquisition, the Company has expanded its market into the Houston metropolitan region. Results of operations of the acquired company were included in the Company’s results beginning June 2, 2018. The fair value of the common shares issued as part of the consideration paid for Westbound was determined based upon the closing price of the Company’s common shares on the acquisition date. Goodwill of $13,418 arising from the acquisition of Westbound consisted largely of synergies and the cost savings resulting from the combining of the operations of the companies. None of the goodwill is expected to be deductible for income tax purposes. The following table summarizes the consideration paid for Westbound: Consideration: Westbound Cash $ 6,423 Equity instruments 29,568 Fair value of total consideration transferred $ 35,991 Cash consideration includes contingent consideration related to an escrow agreement in which $1,750 was retained from amounts paid to Westbound shareholders for payment to Guaranty in the event that certain defined loan relationships experienced actual losses during the three year period following the close of the transaction on June 1, 2018. If the loans defined in the escrow agreement do experience losses, funds from the escrow account will be remitted to Guaranty. If the loans payoff or do not experience losses, funds from the escrow account will be remitted to Westbound shareholders according to terms set forth in the escrow agreement. The following table summarizes the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition, June 1, 2018. Westbound Cash and due from banks $ 24,927 Investment securities available for sale 15,264 Loans, net of discount 154,687 Accrued interest receivable 651 Premises and equipment 8,625 Core deposit intangible 2,700 Other assets 9,205 Total assets acquired 216,059 Non-interest bearing deposits 40,595 Interest bearing deposits 140,826 Federal Home Loan Bank advances 10,500 Accrued interest and other liabilities 1,565 Total liabilities assumed 193,486 Net assets acquired 22,573 Total consideration paid 35,991 Goodwill $ 13,418 The fair value of net assets acquired includes fair value adjustments to certain receivables that were not considered impaired as of the acquisition date (“acquired performing loans”). The fair value adjustments were determined using discounted contractual cash flows. However, the Company believed that all contractual cash flows related to these financial instruments would be collected. As such, these receivables were not considered impaired at the acquisition date and were not subject to the guidance relating to purchased credit impaired loans, which have shown evidence of credit deterioration since origination. Acquired performing loans had fair value and gross contractual amounts receivable of $154,687.

MARKETABLE SECURITIES

MARKETABLE SECURITIES	9 Months Ended
	Sep. 30, 2019
Investments Debt And Equity Securities [Abstract]
MARKETABLE SECURITIES	NOTE 3 - MARKETABLE SECURITIES The following tables summarize the amortized cost and fair value of securities available for sale and securities held to maturity as of September 30, 2019 and December 31, 2018 and the corresponding amounts of gross unrealized gains and losses: September 30, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available for sale: Corporate bonds $ 19,686 $ 533 $ — $ 20,219 Municipal securities 15,670 603 — 16,273 Mortgage-backed securities 87,946 676 555 88,067 Collateralized mortgage obligations 95,297 1,522 33 96,786 Total available for sale $ 218,599 $ 3,334 $ 588 $ 221,345 Held to maturity: Municipal securities $ 138,876 $ 4,985 $ 8 $ 143,853 Mortgage-backed securities 15,119 188 43 15,264 Collateralized mortgage obligations 2,930 118 — 3,048 Total held to maturity $ 156,925 $ 5,291 $ 51 $ 162,165 December 31, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available for sale: Corporate bonds $ 19,743 $ — $ 789 $ 18,954 Municipal securities 15,778 75 260 15,593 Mortgage-backed securities 93,083 52 3,676 89,459 Collateralized mortgage obligations 111,341 — 2,372 108,969 Total available for sale $ 239,945 $ 127 $ 7,097 $ 232,975 Held to maturity: Municipal securities $ 141,942 $ 1,156 $ 1,094 $ 142,004 Mortgage-backed securities 17,163 54 500 16,717 Collateralized mortgage obligations 4,059 48 28 4,079 Total held to maturity $ 163,164 $ 1,258 $ 1,622 $ 162,800 Management evaluates securities for other-than-temporary impairment (“OTTI”) on at least a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been 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 issuer for a period of time sufficient to allow for any anticipated recovery in fair value. The Company did not record any OTTI losses on any of its securities during the nine months ended September 30, 2019 or for the year ended December 31, 2018. Information pertaining to securities with gross unrealized losses as of September 30, 2019 and December 31, 2018 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, 2019 Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Available for sale: Corporate bonds $ — $ — $ — $ — $ — $ — Municipal securities — — — — — — Mortgage-backed securities — — (555 ) 64,192 (555 ) 64,192 Collateralized mortgage obligations — — (33 ) 2,965 (33 ) 2,965 Total available for sale $ — $ — $ (588 ) $ 67,157 $ (588 ) $ 67,157 Held to maturity: Municipal securities $ (6 ) $ 3,016 $ (2 ) $ 763 $ (8 ) $ 3,779 Mortgage-backed securities — — (43 ) 7,287 (43 ) 7,287 Collateralized mortgage obligations — 13 — — — 13 Total held to maturity $ (6 ) $ 3,029 $ (45 ) $ 8,050 $ (51 ) $ 11,079 Less Than 12 Months 12 Months or Longer Total December 31, 2018 Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Available for sale: Corporate bonds $ (453 ) $ 11,236 $ (336 ) $ 7,718 $ (789 ) $ 18,954 Municipal securities (17 ) 2,219 (243 ) 7,407 (260 ) 9,626 Mortgage-backed securities (89 ) 7,173 (3,587 ) 76,717 (3,676 ) 83,890 Collateralized mortgage obligations (79 ) 9,232 (2,293 ) 99,390 (2,372 ) 108,622 Total available for sale $ (638 ) $ 29,860 $ (6,459 ) $ 191,232 $ (7,097 ) $ 221,092 Held to maturity: Municipal securities $ (512 ) $ 55,793 $ (582 ) $ 26,511 $ (1,094 ) $ 82,304 Mortgage-backed securities (21 ) 1,478 (479 ) 12,317 (500 ) 13,795 Collateralized mortgage obligations (28 ) 2,171 — — (28 ) 2,171 Total held to maturity $ (561 ) $ 59,442 $ (1,061 ) $ 38,828 $ (1,622 ) $ 98,270 The number of investment positions in an unrealized loss position totaled 26 at September 30, 2019. The securities in a loss position were composed of tax-exempt municipal bonds, corporate bonds, collateralized mortgage obligations and mortgage backed 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, 2019, there were no holdings of securities of any one issuer, other than the U.S. government and its agencies, in an amount greater than 10% of shareholders’ equity. Securities with fair values of approximately $240,348 and $259,557 at September 30, 2019 and December 31, 2018, respectively, were pledged to secure public fund deposits and for other purposes as required or permitted by law. The proceeds from sales of available for sale securities and the associated gains and losses are listed below for the: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Proceeds from sales $ — $ 102,356 $ 3,957 $ 111,813 Gross gains — 4 — 4 Gross losses — (3 ) (22 ) (54 ) There were no held to maturity securities sold during the three or nine months ended September 30, 2019 or 2018. The contractual maturities at September 30, 2019 of available for sale and held to maturity 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, 2019 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Due within one year $ 1,023 $ 1,027 $ 2,150 $ 2,164 Due after one year through five years 13,421 13,748 29,272 30,148 Due after five years through ten years 13,333 13,907 33,943 35,375 Due after ten years 7,579 7,810 73,511 76,166 Mortgage-backed securities 87,946 88,067 15,119 15,264 Collateralized mortgage obligations 95,297 96,786 2,930 3,048 Total Securities $ 218,599 $ 221,345 $ 156,925 $ 162,165

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	NOTE 4 - LOANS AND ALLOWANCE FOR LOAN LOSSES The following table summarizes the Company’s loan portfolio by type of loan as of: September 30, 2019 December 31, 2018 Commercial and industrial $ 299,714 $ 261,779 Real estate: Construction and development 256,459 237,503 Commercial real estate 581,742 582,519 Farmland 61,073 67,845 1-4 family residential 406,880 393,067 Multi-family residential 58,198 38,386 Consumer 53,315 54,777 Agricultural 18,728 23,277 Overdrafts 330 382 Total loans 1,736,439 1,659,535 Net of: Deferred loan costs 550 560 Allowance for loan losses (16,394 ) (14,651 ) Total net loans $ 1,720,595 $ 1,645,444 The following tables present the activity in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method for the nine months ended September 30, 2019, for the year ended December 31, 2018 and for the nine months ended September 30, 2018: For the Nine Months Ended September 30, 2019 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance $ 1,751 $ 1,920 $ 6,025 $ 643 $ 2,868 $ 631 $ 565 $ 238 $ 10 $ 14,651 Provision for loan losses (152 ) 215 863 (49 ) 220 199 (28 ) (126 ) 108 1,250 Loans charged-off (49 ) — — — (14 ) — (32 ) — (137 ) (232 ) Recoveries 507 — 1 — 3 — 95 89 30 725 Ending balance $ 2,057 $ 2,135 $ 6,889 $ 594 $ 3,077 $ 830 $ 600 $ 201 $ 11 $ 16,394 Allowance ending balance: Individually evaluated for impairment $ — $ — $ 1,186 $ 62 $ 20 $ — $ — $ — $ — $ 1,268 Collectively evaluated for impairment 2,057 2,135 5,703 532 3,057 830 600 201 11 15,126 Ending balance $ 2,057 $ 2,135 $ 6,889 $ 594 $ 3,077 $ 830 $ 600 $ 201 $ 11 $ 16,394 Loans: Individually evaluated for impairment $ 302 $ 1,325 $ 17,222 $ 133 $ 2,337 $ — $ — $ 64 $ — $ 21,383 Collectively evaluated for impairment 299,412 $ 255,134 564,520 60,940 404,543 58,198 53,315 18,664 330 1,715,056 Ending balance $ 299,714 $ 256,459 $ 581,742 $ 61,073 $ 406,880 $ 58,198 $ 53,315 $ 18,728 $ 330 $ 1,736,439 For the Year Ended December 31, 2018 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance $ 1,581 $ 1,724 $ 4,585 $ 523 $ 3,022 $ 629 $ 602 $ 187 $ 6 $ 12,859 Provision for loan losses 426 196 1,472 120 (196 ) 2 127 (12 ) 115 2,250 Loans charged-off (367 ) — (33 ) — (93 ) — (254 ) (2 ) (169 ) (918 ) Recoveries 111 — 1 — 135 — 90 65 58 460 Ending balance $ 1,751 $ 1,920 $ 6,025 $ 643 $ 2,868 $ 631 $ 565 $ 238 $ 10 $ 14,651 Allowance ending balance: Individually evaluated for impairment $ 64 $ 4 $ 341 $ 78 $ 6 $ — $ — $ — $ — $ 493 Collectively evaluated for impairment 1,687 1,916 5,684 565 2,862 631 565 238 10 14,158 Ending balance $ 1,751 $ 1,920 $ 6,025 $ 643 $ 2,868 $ 631 $ 565 $ 238 $ 10 $ 14,651 Loans: Individually evaluated for impairment $ 1,022 $ 1,250 $ 7,153 $ 140 $ 1,383 $ — $ — $ 408 $ — $ 11,356 Collectively evaluated for impairment 260,757 $ 236,253 575,366 67,705 391,684 38,386 54,777 22,869 382 1,648,179 Ending balance $ 261,779 $ 237,503 $ 582,519 $ 67,845 $ 393,067 $ 38,386 $ 54,777 $ 23,277 $ 382 $ 1,659,535 For the Nine Months Ended September 30, 2018 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance $ 1,581 $ 1,724 $ 4,585 $ 523 $ 3,022 $ 629 $ 602 $ 187 $ 6 $ 12,859 Provision for loan losses 138 119 1,329 100 (161 ) 41 101 (3 ) 86 1,750 Loans charged-off (66 ) — (32 ) — (19 ) — (175 ) (2 ) (117 ) (411 ) Recoveries 54 — — — 49 — 41 65 34 243 Ending balance $ 1,707 $ 1,843 $ 5,882 $ 623 $ 2,891 $ 670 $ 569 $ 247 $ 9 $ 14,441 Allowance ending balance: Individually evaluated for impairment $ 315 $ — $ 61 $ 74 $ 4 $ — $ — $ — $ — $ 454 Collectively evaluated for impairment 1,392 1,843 5,821 549 2,887 670 569 247 9 13,987 Ending balance $ 1,707 $ 1,843 $ 5,882 $ 623 $ 2,891 $ 670 $ 569 $ 247 $ 9 $ 14,441 Loans: Individually evaluated for impairment $ 1,584 $ 1,684 $ 6,360 $ 218 $ 1,571 $ — $ — $ 409 $ — $ 11,826 Collectively evaluated for impairment 247,174 $ 227,623 592,793 64,991 390,885 38,523 53,947 23,775 326 1,640,037 Ending balance $ 248,758 $ 229,307 $ 599,153 $ 65,209 $ 392,456 $ 38,523 $ 53,947 $ 24,184 $ 326 $ 1,651,863 Credit Quality 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. 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. The Company typically measures impairment based on the present value of expected future cash flows, discounted at the loan's effective interest rate, or based on the loan's observable market price or the fair value of the collateral if the loan is collateral-dependent. The following tables summarize the credit exposure in the Company’s consumer and commercial loan portfolios as of: September 30, 2019 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer and Overdrafts Agricultural Total Grade: Pass $ 299,358 $ 254,527 $ 561,933 $ 60,792 $ 405,635 $ 58,198 $ 53,495 $ 18,493 $ 1,712,431 Special mention 149 600 2,859 44 830 — 61 102 4,645 Substandard 207 1,332 16,950 237 415 — 89 133 19,363 Total $ 299,714 $ 256,459 $ 581,742 $ 61,073 $ 406,880 $ 58,198 $ 53,645 $ 18,728 $ 1,736,439 December 31, 2018 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer and Overdrafts Agricultural Total Grade: Pass $ 260,863 $ 236,253 $ 569,648 $ 67,541 $ 391,956 $ 38,386 $ 55,055 $ 22,713 $ 1,642,415 Special mention 224 — 5,691 49 514 — 48 115 6,641 Substandard 692 1,250 7,180 255 597 — 56 449 10,479 Total $ 261,779 $ 237,503 $ 582,519 $ 67,845 $ 393,067 $ 38,386 $ 55,159 $ 23,277 $ 1,659,535 The following tables summarize the payment status of loans in the Company’s total loan portfolio, including an aging of delinquent loans, loans 90 days or more past due continuing to accrue interest and loans classified as nonperforming as of: September 30, 2019 30 to 59 Days Past Due 60 to 89 Days Past Due 90 Days and Greater Past Due Total Past Due Current Total Loans Recorded Investment > 90 Days and Accruing Commercial and industrial $ 664 $ 88 $ — $ 752 $ 298,962 $ 299,714 $ — Real estate: Construction and development 1,498 — 99 1,597 254,862 256,459 — Commercial real estate 1,960 278 521 2,759 578,983 581,742 — Farmland 255 — — 255 60,818 61,073 — 1-4 family residential 4,819 890 414 6,123 400,757 406,880 — Multi-family residential — — — — 58,198 58,198 — Consumer 341 81 90 512 52,803 53,315 — Agricultural 65 — — 65 18,663 18,728 — Overdrafts — — — — 330 330 — Total $ 9,602 $ 1,337 $ 1,124 $ 12,063 $ 1,724,376 $ 1,736,439 $ — December 31, 2018 30 to 59 Days Past Due 60 to 89 Days Past Due 90 Days and Greater Past Due Total Past Due Current Total Loans Recorded Investment > 90 Days and Accruing Commercial and industrial $ 209 $ 493 $ 266 $ 968 $ 260,811 $ 261,779 $ — Real estate: Construction and development 735 2,816 — 3,551 233,952 237,503 — Commercial real estate 1,803 3 3,227 5,033 577,486 582,519 — Farmland 485 — — 485 67,360 67,845 — 1-4 family residential 2,849 666 596 4,111 388,956 393,067 — Multi-family residential — — — — 38,386 38,386 — Consumer 526 51 56 633 54,144 54,777 — Agricultural 105 59 41 205 23,072 23,277 — Overdrafts — — — — 382 382 — Total $ 6,712 $ 4,088 $ 4,186 $ 14,986 $ 1,644,549 $ 1,659,535 $ — The following table presents information regarding nonaccrual loans as of: September 30, 2019 December 31, 2018 Commercial and industrial $ 15 $ 366 Real estate: Construction and development 106 — Commercial real estate 6,966 3,700 Farmland 133 140 1-4 family residential 3,403 1,567 Consumer 214 66 Agricultural 44 52 Total $ 10,881 $ 5,891 Impaired Loans and 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. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due from the borrower in accordance with original contractual terms of the loan. Loans with insignificant delays or insignificant short falls in the amount of payments expected to be collected are not considered to be impaired. Loans defined as individually impaired, based on applicable accounting guidance, include larger balance nonperforming loans and TDRs. The outstanding balances of TDRs are shown below: September 30, 2019 December 31, 2018 Nonaccrual TDRs $ 118 $ 335 Performing TDRs 7,297 861 Total $ 7,415 $ 1,196 Specific reserves on TDRs $ 184 $ — The following tables present loans by class, modified as TDRs, that occurred during the nine months ended September 30, 2019, the twelve months ended December 31, 2018 and the nine months ended September 30, 2018: Nine Months Ended September 30, 2019 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Commercial real estate 4 $ 1,680 $ 1,515 Total 4 $ 1,680 $ 1,515 There were no TDRs that subsequently defaulted through September 30, 2019. Year Ended December 31, 2018 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Commercial and industrial 3 $ 504 $ 504 1-4 family residential 1 78 78 Total 4 $ 582 $ 582 There was one TDR that subsequently defaulted, therefore remained on nonaccrual status as of December 31, 2018. The TDRs described above did not increase the allowance for loan losses and resulted in no charge-offs during the year ended December 31, 2018. Nine Months Ended September 30, 2018 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: 1-4 family residential 1 $ 15 $ 15 Farmland 1 78 78 Total 2 $ 93 $ 93 There were no TDRs that subsequently defaulted through September 30, 2018. The TDRs described above did not increase the allowance for loan losses and resulted in no charge-offs during the nine months ended September 30, 2018. The following table presents information about the Company’s impaired loans as of: September 30, 2019 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment With no related allowance recorded: Commercial and industrial $ 302 $ 302 $ — $ 239 Real estate: Construction and development 1,325 1,325 — 938 Commercial real estate 3,923 3,923 — 3,115 Farmland — — — — 1-4 family residential 2,283 2,283 — 1,225 Multi-family residential — — — — Consumer — — — — Agricultural 64 64 — 175 Subtotal 7,897 7,897 — 5,692 With allowance recorded: Commercial and industrial — — — 61 Real estate: Construction and development — — — — Commercial real estate 13,299 13,299 1,186 5,892 Farmland 133 133 62 102 1-4 family residential 54 54 20 73 Multi-family residential — — — — Consumer — — — — Agricultural — — — — Subtotal 13,486 13,486 1,268 6,128 Total $ 21,383 $ 21,383 $ 1,268 $ 11,820 The following table presents information about the Company’s impaired loans as of: December 31, 2018 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment With no related allowance recorded: Commercial and industrial $ 837 $ 837 $ — $ 842 Real estate: Construction and development 720 720 — 518 Commercial real estate 5,168 5,168 — 5,138 Farmland — — — 62 1-4 family residential 1,223 1,223 — 1,132 Multi-family residential — — — 54 Consumer — — — — Agricultural 408 408 — 456 Subtotal 8,356 8,356 — 8,202 With allowance recorded: Commercial and industrial 185 185 64 300 Real estate: Construction and development 530 530 4 44 Commercial real estate 1,985 1,985 341 677 Farmland 140 140 78 147 1-4 family residential 160 160 6 128 Multi-family residential — — — — Consumer — — — — Agricultural — — — 52 Subtotal 3,000 3,000 493 1,348 Total $ 11,356 $ 11,356 $ 493 $ 9,550 During the nine months ended September 30, 2019 and 2018, total interest income and cash-based interest income recognized on impaired loans was minimal.

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT	NOTE 5 - SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT At September 30, 2019 and December 31, 2018, securities sold under agreements to repurchase totaled $11,363 and $12,228, respectively. The Company has a $25,000 revolving line of credit, which had no outstanding balance at quarter end, bears interest at the prime rate, with interest payable quarterly, and matures in March 2020. Federal Home Loan Bank (FHLB) advances as of September 30, 2019 , were as follows: Fixed rate advances, with monthly interest payments, principal due in: Year Current Weighted Average Rate Principal Due 2019 1.83 % $ 45,000 2020 2.09 % 6,500 2021 1.87 % 1,500 2022 1.99 % 1,500 2023 — — Thereafter 1.76 % 6,000 60,500 Fixed rate advances, with monthly principal and interest payments, principal due in: Year Current Weighted Average Rate 2021 1.38 % 123 $ 60,623 NOTE 6 - SUBORDINATED DEBENTURES Subordinated debentures are made up of the following as of: September 30, 2019 December 31, 2018 Trust II Debentures $ 3,093 $ 3,093 Trust III Debentures 2,062 2,062 DCB Trust I Debentures 5,155 5,155 Other debentures 1,000 2,500 $ 11,310 $ 12,810 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, 2019 and December 31, 2018 . 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 Debentures 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, 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 July 2015, the Company issued $4,000 in debentures, of which $3,000 were issued to directors and other related parties. The $3,000 of debentures to related parties were repaid in May 2017 and a $500 par value debenture, which carried a rate of 2.5%, matured and was repaid in July 2017. The remaining $500 debenture, which carried a rate of 4.00%, matured and was repaid in January 2019. In December 2015, the Company issued $5,000 in debentures, of which $2,500 were issued to directors and other related parties. In May 2017, $2,000 of the related party debentures were repaid with a portion of the proceeds of Guaranty’s initial public offering. A further $1,000 of other debentures matured and were paid off in full in July of 2018 and another $1,000 of debentures matured and were paid off in full in July of the current year. The remaining $1,000 of debentures were issued at par value of $500 each with rates of 4.50% and 5.00% and maturity dates of January 1, 2020 and July 1, 2020, respectively. 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 rede emed, plus all accrued interest.

SUBORDINATED DEBENTURES

SUBORDINATED DEBENTURES	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT	NOTE 5 - SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT At September 30, 2019 and December 31, 2018, securities sold under agreements to repurchase totaled $11,363 and $12,228, respectively. The Company has a $25,000 revolving line of credit, which had no outstanding balance at quarter end, bears interest at the prime rate, with interest payable quarterly, and matures in March 2020. Federal Home Loan Bank (FHLB) advances as of September 30, 2019 , were as follows: Fixed rate advances, with monthly interest payments, principal due in: Year Current Weighted Average Rate Principal Due 2019 1.83 % $ 45,000 2020 2.09 % 6,500 2021 1.87 % 1,500 2022 1.99 % 1,500 2023 — — Thereafter 1.76 % 6,000 60,500 Fixed rate advances, with monthly principal and interest payments, principal due in: Year Current Weighted Average Rate 2021 1.38 % 123 $ 60,623 NOTE 6 - SUBORDINATED DEBENTURES Subordinated debentures are made up of the following as of: September 30, 2019 December 31, 2018 Trust II Debentures $ 3,093 $ 3,093 Trust III Debentures 2,062 2,062 DCB Trust I Debentures 5,155 5,155 Other debentures 1,000 2,500 $ 11,310 $ 12,810 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, 2019 and December 31, 2018 . 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 Debentures 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, 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 July 2015, the Company issued $4,000 in debentures, of which $3,000 were issued to directors and other related parties. The $3,000 of debentures to related parties were repaid in May 2017 and a $500 par value debenture, which carried a rate of 2.5%, matured and was repaid in July 2017. The remaining $500 debenture, which carried a rate of 4.00%, matured and was repaid in January 2019. In December 2015, the Company issued $5,000 in debentures, of which $2,500 were issued to directors and other related parties. In May 2017, $2,000 of the related party debentures were repaid with a portion of the proceeds of Guaranty’s initial public offering. A further $1,000 of other debentures matured and were paid off in full in July of 2018 and another $1,000 of debentures matured and were paid off in full in July of the current year. The remaining $1,000 of debentures were issued at par value of $500 each with rates of 4.50% and 5.00% and maturity dates of January 1, 2020 and July 1, 2020, respectively. 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 rede emed, plus all accrued interest.

STOCK OPTIONS

STOCK OPTIONS	9 Months Ended
	Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
STOCK OPTIONS	NOTE 7 - STOCK OPTIONS The Company’s 2015 Equity Incentive Plan (the “Plan”) which was adopted by the Company and approved by its shareholders in April 2015, amended and restated the Company’s 2014 Stock Option Plan. The maximum number of shares of common stock that may be issued pursuant to stock-based awards under the Plan equals 1,000,000 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. Currently outstanding option awards have vesting periods ranging from 5 to 10 years and have 10-year contractual terms. 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 activity in the Plan during the nine months ended September 30, 2019 and 2018 follows: Nine Months Ended September 30, 2019 Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Outstanding at beginning of year 537,872 $ 26.49 6.96 $ 2,088 Granted 35,000 29.85 9.61 26 Exercised (22,172 ) 24.93 5.29 125 Forfeited (26,400 ) 29.53 8.20 46 Balance, September 30, 2019 524,300 $ 26.63 6.38 $ 2,255 Exercisable at end of period 235,680 $ 25.22 5.42 $ 1,307 Nine Months Ended September 30, 2018 Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Outstanding at beginning of year 469,044 $ 25.11 7.32 $ 2,623 Granted 90,000 32.59 9.72 — Exercised (6,000 ) 23.33 5.98 41 Forfeited (11,800 ) 23.41 5.74 81 Balance, September 30, 2018 541,244 $ 26.41 7.12 $ 2,320 Exercisable at end of period 171,184 $ 24.29 5.81 $ 1,024 A summary of nonvested activity in the Plan during the nine months ended September 30, 2019 and 2018 follows: Nine Months Ended September 30, 2019 Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Outstanding at beginning of year 331,560 $ 27.74 7.77 $ 975 Granted 35,000 29.85 9.61 26 Vested (54,340 ) 28.10 7.48 172 Forfeited (23,600 ) 33.03 9.18 46 Balance, September 30, 2019 288,620 $ 27.78 7.16 $ 949 Nine Months Ended September 30, 2018 Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Outstanding at beginning of year 334,400 $ 25.72 7.91 $ 1,673 Granted 90,000 32.59 9.72 — Vested (44,940 ) 26.19 8.04 199 Forfeited (9,400 ) 29.38 7.20 81 Balance, September 30, 2018 370,060 $ 27.39 7.72 $ 1,297 As of September 30, 2019, there was $2,255 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 3.48 years. The Company granted options under the Plan during the first nine months of 2019 and 2018. Expense of $493 and $378 was recorded during the nine months ended September 30, 2019 and 2018, respectively. Restricted Stock Awards and Units A summary of activity in the Plan during the nine months ended September 30, 2019 and 2018 follows: Nine Months Ended September 30, 2019 Number of Shares Weighted-Average Grant Date Fair Value Outstanding at beginning of year 2,398 $ 31.57 Granted 30,500 30.25 Exercised (1,439 ) 31.57 Forfeited — — Balance, September 30, 2019 31,459 $ 29.33 Exercisable at end of period — $ — Nine Months Ended September 30, 2018 Number of Shares Weighted-Average Grant Date Fair Value Outstanding at beginning of year 2,398 $ 31.57 Granted — — Exercised — — Forfeited — — Balance, September 30, 2018 2,398 $ 31.57 Exercisable at end of period 959 $ — A summary of nonvested activity in the Plan during the nine months ended September 30, 2019 and 2018 follows: Nine Months Ended September 30, 2019 Number of Shares Weighted-Average Grant Date Fair Value Outstanding at beginning of year 1,439 $ 31.57 Granted 30,500 30.25 Vested (480 ) 31.57 Forfeited — — Balance, September 30, 2019 31,459 $ 29.33 Nine Months Ended September 30, 2018 Number of Shares Weighted-Average Grant Date Fair Value Outstanding at beginning of year 2,398 $ 31.57 Granted — — Vested (959 ) 31.57 Forfeited — — Balance, September 30, 2018 1,439 $ 31.57 Information related to the Plan is as follows for the nine months ended: September 30, 2019 September 30, 2018 Intrinsic value of options exercised $ 125 $ 41 Cash received from options exercised 553 140 Weighted average fair value of options granted 16.75 5.62 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.

EMPLOYEE BENEFITS

EMPLOYEE BENEFITS	9 Months Ended
	Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]
EMPLOYEE BENEFITS	NOTE 8 - 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, 2019 and 2018 totaled $973 and $856, 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, 2019 and December 31, 2018, the number of shares held by the KSOP were 1,262,078 and 1,333,496, respectively. There were no unallocated shares to plan participants as of September 30, 2019 or as of December 31, 2018. All shares held by the KSOP were treated as outstanding at each of the respective period ends. 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 $34,280 and $26,301 as of September 30, 2019 and December 31, 2018, respectively. Expense related to these plans totaled $504 and $419 for the nine months ended September 30, 2019 and 2018, respectively, and $502 for the year ended December 31, 2018. This expense is included in employee compensation and benefits on the Company’s consolidated statements of earnings. The recorded liability totaled approximately $4,023 and $3,667 as of September 30, 2019 and December 31, 2018, 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, 2019 and 2018 totaled $2,304 and $2,170, respectively, and $2,943 for the year ended December 31, 2018. This expense is included in employee compensation and benefits on the consolidated statements of earnings.

LEASES

LEASES	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
LEASES	NOTE 9 – 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 15 years. Some of the Company’s operating leases include options to extend the leases for up to 5 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 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, 2019, operating lease right-of-use assets and liabilities were both $11.4 million. Operating lease expense for operating leases accounted for under ASC 842 for the nine months ended September 30, 2019 was approximately $1,306, 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, 2019 Operating leases Operating lease right-of-use assets $ 11,360 Operating lease liabilities 11,433 Weighted average remaining lease term Operating leases 10 years Weighted average discount rate Operating leases 2.74 % The Company leases some of its banking facilities under non-cancelable operating leases expiring in various years through 2023 and thereafter. Minimum future lease payments under these non-cancelable operating leases in excess of one year as of September 30, 2019, are as follows: 2019 $ 444 2020 1,536 2021 1,340 2022 1,229 2023 1,219 Thereafter 7,340 Total lease payments 13,108 Less: interest (1,675 ) Present value of lease liabilities $ 11,433 As of September 30, 2019, the Company has no additional operating leases commencing subsequent to the quarter end date.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 10 - INCOME TAXES Tax Cuts and Jobs Act The Tax Cuts and Jobs Act was enacted on December 22, 2017. Among other things, the new law (i) establishes a new, flat corporate federal statutory income tax rate of 21%, (ii) eliminates the corporate alternative minimum tax and allows the use of any such carryforwards to offset regular tax liability for any taxable year, (iii) limits the deduction for net interest expense incurred by U.S. corporations, (iv) allows businesses to immediately expense, for tax purposes, the cost of new investments in certain qualified depreciable assets, (v) eliminates or reduces certain deductions related to meals and entertainment expenses, (vi) modifies the limitation on excessive employee remuneration to eliminate the exception for performance-based compensation and clarifies the definition of a covered employee and (vii) limits the deductibility of deposit insurance premiums. The Tax Cuts and Jobs Act also significantly changes U.S. tax law related to foreign operations; however, such changes do not currently impact us. As stated above, as a result of the enactment of the Tax Cuts and Jobs Act on December 22, 2017, we remeasured our deferred tax assets and liabilities based upon the newly enacted U.S. statutory federal income tax rate of 21%, which is the tax rate at which these assets and liabilities are expected to reverse in the future. Notwithstanding the foregoing, we are still analyzing certain aspects of the new law and refining our calculations, which could affect the measurement of these assets and liabilities or give rise to new deferred tax amounts. Income tax expense was as follows for: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Income tax expense for the period $ 1,634 $ 1,160 $ 4,205 $ 3,126 Effective tax rate 17.83 % 18.56 % 18.19 % 18.16 % The effective tax rates differ from the statutory federal tax rate of 21%

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	NOTE 11 - 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 sheet 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 6. Management believes 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 is the Company’s objective to hedge the change in fair value of floating rate debentures at coverage levels that are appropriate, given anticipated or existing interest rate levels and other market considerations, as well as the relationship of change in this liability to other liabilities of the Company. To meet this objective, the Company utilizes interest rate swaps as an asset/liability management strategy to hedge the change in value of the cash flows due to changes in expected interest rate assumptions. Interest rate swaps with notional amounts totaling $5,000 as of September 30, 2019 and December 31, 2018, were designated as cash flow hedges of the debentures and were determined to be fully effective during all periods presented. As such, no amount of ineffectiveness has been included in net income. Therefore, 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 amount included in accumulated other comprehensive income would be reclassified to current earnings should the hedges no longer be considered effective. The Company expects the hedges to remain fully effective during the remaining terms of the swaps. The information pertaining to outstanding interest rate swap agreements used to hedge floating rate debentures was as follows as of: September 30, 2019 Notional Amount Pay Rate Receive Rate Effective Date Maturity in Years Unrealized Losses $ 2,000 5.979 % 3 month LIBOR plus 1.67% 10/1/2016 6.50 $ 356 $ 3,000 7.505 % 3 month LIBOR plus 3.35% 10/30/2012 3.08 $ 240 December 31, 2018 Notional Amount Pay Rate Receive Rate Effective Date Maturity in Years Unrealized Losses $ 2,000 5.979 % 3 month LIBOR plus 1.67% 10/1/2016 7.25 $ 220 $ 3,000 7.505 % 3 month LIBOR plus 3.35% 10/30/2012 3.83 $ 173 Interest expense recorded on these swap transactions totaled $495 and $516 during the nine months ended September 30, 2019 and 2018, respectively, and $687 for the year ended December 31, 2018. This expense is reported as a component of interest expense on the debentures. At September 30, 2019, the Company expected none of the unrealized loss to be reclassified as a reduction of interest expense during the remainder of 2019.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 12 - 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 assesses the credit risk associated with certain commitments to extend credit in determining the level of the allowance for credit losses. 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, 2019 and December 31, 2018, 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, 2019 December 31, 2018 Commitments to extend credit $ 381,699 $ 342,523 Letters of credit 9,069 11,675 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, 2019, the Company had letters of credit of $2,000 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, 2019
Banking And Thrift [Abstract]
REGULATORY MATTERS	NOTE 13 - 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, 2019 and December 31, 2018 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 I” (“CETI”), (ii) specified that Tier I capital consist of CETI and “Additional Tier I Capital” instruments meeting specified requirements, (iii) defined CETI narrowly by requiring that most deductions/adjustments to regulatory capital measures be made to CETI and not to the other components of capital and (iv) expanded the scope of the deductions/adjustments as compared to existing regulations. Starting in January 2016, the implementation of the capital conservation buffer was effective for the Company starting at the 0.625% level and increasing 0.625% each year thereafter, until it reached 2.5% on January 1, 2019. The capital conservation buffer is designed to absorb losses during periods of economic stress and effectively increases the minimum required risk-weighted capital ratios. As of September 30, 2019 and December 31, 2018, 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, CETI, Tier 1 risk-based and Tier I leverage ratios as set forth in the table. There are no conditions or events since September 30, 2019 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 I capital, net of goodwill, the rules permit the inclusion of $10,310 of trust preferred securities in Tier I capital at September 30, 2019 and December 31, 2018. Additionally, the rules provide that trust preferred securities would no longer qualify for Tier I 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 For Capital Adequacy Purposes Minimum Required Under Basel III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio September 30, 2019 Total capital to risk-weighted assets: Consolidated $ 248,009 13.22 % $ 150,082 8.00 % $ 196,983 10.50 % n/a Bank 246,851 12.89 % 153,230 8.00 % 201,114 10.50 % $ 191,537 10.00 % Tier 1 capital to risk-weighted assets: Consolidated 231,615 12.35 % 112,562 6.00 % 159,462 8.50 % n/a Bank 230,457 12.03 % 114,922 6.00 % 162,807 8.50 % 153,230 8.00 % Tier 1 capital to average assets: (1) Consolidated 231,615 10.16 % 91,205 4.00 % 91,205 4.00 % n/a Bank 230,457 10.04 % 91,784 4.00 % 91,784 4.00 % 114,730 5.00 % Common equity tier 1 capital to risk-weighted assets: Consolidated 221,305 11.80 % 84,421 4.50 % 131,322 7.00 % n/a Bank 230,457 12.03 % 86,192 4.50 % 134,076 7.00 % 124,499 6.50 % (1) The Tier 1 capital ratio (to average assets) is not impacted by the Basel III Capital Rules; however, the Federal Reserve Board 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 For Capital Adequacy Purposes Minimum Required Under Basel III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio December 31, 2018 Total capital to risk-weighted assets: Consolidated $ 241,791 13.25 % $ 146,020 8.00 % $ 191,651 10.50 % n/a Bank 242,142 13.27 % 146,015 8.00 % 191,645 10.50 % $ 182,519 10.00 % Tier 1 capital to risk-weighted assets: Consolidated 227,140 12.44 % 109,515 6.00 % 155,146 8.50 % n/a Bank 227,491 12.46 % 109,511 6.00 % 155,141 8.50 % 146,015 8.00 % Tier 1 capital to average assets: Consolidated 227,140 10.16 % 89,422 4.00 % 89,422 4.00 % n/a Bank 227,491 10.18 % 89,414 4.00 % 89,414 4.00 % 111,768 5.00 % Common equity tier 1 capital to risk-weighted assets: Consolidated 216,830 11.88 % 82,136 4.50 % 127,768 7.00 % n/a Bank 227,491 12.46 % 82,134 4.50 % 127,763 7.00 % 118,637 6.50 % 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, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE	NOTE 14 - 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). Impaired Loans: The fair value of impaired loans with specific allocations of the allowance for loan losses is generally based on the present value of estimated future cash flows using the loan's existing rate or, if repayment is expected solely from the collateral, 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). Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. 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). 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, 2019 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) Assets (liabilities) at fair value on a recurring basis: Available for sale securities: Mortgage-backed securities $ 88,067 $ — $ 88,067 $ — Collateralized mortgage obligations 96,786 — 96,786 — Municipal securities 16,273 — 16,273 — Corporate bonds 20,219 — 20,219 — Loans held for sale 3,841 — — 3,841 Cash surrender value of life insurance 34,280 — 34,280 — SBA servicing assets 706 — — 706 Derivative instrument assets 596 — 596 — Derivative instrument liabilities (596 ) — (596 ) — Assets at fair value on a nonrecurring basis: Impaired loans 20,115 — — 20,115 Other real estate owned 551 — — 551 As of December 31, 2018 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) Assets (liabilities) at fair value on a recurring basis: Available for sale securities: Mortgage-backed securities $ 89,459 $ — $ 89,459 $ — Collateralized mortgage obligations 108,969 — 108,969 — Municipal securities 15,593 — 15,593 — Corporate bonds 18,954 — 18,954 — Derivative instruments (392 ) — (392 ) — Assets at fair value on a nonrecurring basis: Impaired loans 10,863 — — 10,863 Other real estate owned 751 — — 751 There were no transfers between Level 2 and Level 3 during the nine months ended September 30, 2019 or for the year ended December 31, 2018. Nonfinancial Assets and Nonfinancial Liabilities Nonfinancial assets measured at fair value on a nonrecurring basis during the nine months ended September 30, 2019 and 2018 include certain foreclosed assets which, upon initial recognition, were remeasured and reported at fair value through a charge-off to the allowance for loan 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, 2019 December 31, 2018 September 30, 2018 Other real estate owned remeasured at initial recognition: Carrying value of other real estate owned prior to remeasurement $ 137 $ 542 $ 180 Charge-offs recognized in the allowance for loan losses (9 ) (25 ) (23 ) Fair value of other real estate owned remeasured at initial recognition $ 128 $ 517 $ 157 Other real estate owned remeasured subsequent to initial recognition: Carrying value of other real estate owned prior to remeasurement $ — $ 599 $ 599 Write-downs included in collection and other real estate owned expense — (56 ) (56 ) Fair value of other real estate owned remeasured subsequent to initial recognition $ — $ 543 $ 543 The following tables present quantitative information about nonrecurring Level 3 fair value measurements as of: Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) September 30, 2019 Impaired loans $ 20,115 Fair value of collateral - sales comparison approach Selling costs or other normal adjustments: Real estate Equipment 10%-20% (16%) 10%-20% (12%) Other real estate owned $ 551 Appraisal value of collateral Selling costs or other normal adjustments 10%-20% (16%) . Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) December 31, 2018 Impaired loans $ 10,863 Fair value of collateral - sales comparison approach Selling costs or other normal adjustments: Real estate Equipment 10%-20% (16%) 10%-20% (19%) Other real estate owned $ 751 Appraisal value of collateral Selling costs or other normal adjustments 10%-20% (16%) The carrying amounts and estimated fair values of financial instruments not previously discussed in this note, as of September 30, 2019 and December 31, 2018, are as follows: Fair value measurements as of September 30, 2019 using: Carrying Amount Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value Financial assets: Cash, due from banks, federal funds sold and interest-bearing deposits $ 58,648 $ 58,648 $ — $ — $ 58,648 Marketable securities held to maturity 156,925 — 162,165 — 162,165 Loans, net 1,720,595 — — 1,719,467 1,719,467 Accrued interest receivable 7,825 — 7,825 — 7,825 Nonmarketable equity securities 11,644 — 11,644 — 11,644 Cash surrender value of life insurance 34,280 — 34,280 — 34,280 Financial liabilities: Deposits $ 1,963,313 $ 1,432,490 $ 534,075 $ — $ 1,966,565 Securities sold under repurchase agreements 11,363 — 11,363 — 11,363 Accrued interest payable 1,719 — 1,719 — 1,719 Federal Home Loan Bank advances 60,623 — 60,634 — 60,634 Subordinated debentures 11,310 — 9,153 — 9,153 Fair value measurements as of December 31, 2018 using: Carrying Amount Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value Financial assets: Cash, due from banks, federal funds sold and interest-bearing deposits $ 71,510 $ 71,510 $ — $ — $ 71,510 Marketable securities held to maturity 163,164 — 162,800 — 162,800 Loans, net 1,645,444 — — 1,630,600 1,630,600 Accrued interest receivable 9,292 — 9,292 — 9,292 Nonmarketable equity securities 14,937 — 14,937 — 14,937 Cash surrender value of life insurance 26,301 — 26,301 — 26,301 Financial liabilities: Deposits $ 1,871,480 $ 1,435,985 $ 434,647 $ — $ 1,870,632 Securities sold under repurchase agreements 12,228 — 12,228 — 12,228 Accrued interest payable 1,651 — 1,651 — 1,651 Federal Home Loan Bank advances 115,136 — 114,934 — 114,934 Subordinated debentures 12,810 — 10,724 — 10,724 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. 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, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 15 - 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 September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Numerator: Net earnings (basic) $ 7,530 $ 5,091 $ 18,910 $ 14,084 Net earnings (diluted) $ 7,530 $ 5,091 $ 18,910 $ 14,084 Denominator: Weighted-average shares outstanding (basic) 11,550,335 11,962,654 11,674,298 11,452,968 Effect of dilutive securities: Common stock equivalent shares from stock options 62,538 70,780 58,844 100,539 Weighted-average shares outstanding (diluted) 11,612,873 12,033,434 11,733,142 11,553,507 Net earnings per share Basic $ 0.65 $ 0.43 $ 1.62 $ 1.23 Diluted $ 0.65 $ 0.42 $ 1.62 $ 1.22

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2019
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 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, 2018, included in Guaranty’s Annual Report on Form 10-K for the year ended December 31, 2018. 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.
Recent Accounting Pronouncements	Recent Accounting Pronouncements : In February 2018, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) 2018-02, Income Statement — Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which sets forth a "current expected credit loss" ("CECL") model requiring the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. For public companies, the amendments in this update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company expects that the transition will result in an increase to the allowance for loan losses upon adoption on January 1, 2020, although we are not yet prepared to disclosure the magnitude of the expected increase. The Company’s transition team has run parallel models for calculating the expected losses using various forecasts and qualitative factor adjustments, beginning in January 2019, to gain a comprehensive understanding of the impact that CECL and its underlying assumptions will have on the allowance upon adoption and through future periods. Documentation and model assumptions will continue to be refined during the fourth quarter of 2019. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842)

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
Schedule of Business Acquisitions	The following table summarizes the consideration paid for Westbound: Consideration: Westbound Cash $ 6,423 Equity instruments 29,568 Fair value of total consideration transferred $ 35,991
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition, June 1, 2018. Westbound Cash and due from banks $ 24,927 Investment securities available for sale 15,264 Loans, net of discount 154,687 Accrued interest receivable 651 Premises and equipment 8,625 Core deposit intangible 2,700 Other assets 9,205 Total assets acquired 216,059 Non-interest bearing deposits 40,595 Interest bearing deposits 140,826 Federal Home Loan Bank advances 10,500 Accrued interest and other liabilities 1,565 Total liabilities assumed 193,486 Net assets acquired 22,573 Total consideration paid 35,991 Goodwill $ 13,418

MARKETABLE SECURITIES (Tables)

MARKETABLE SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2019
Investments Debt And Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Value of Available for Sale and Held to Maturity Securities	The following tables summarize the amortized cost and fair value of securities available for sale and securities held to maturity as of September 30, 2019 and December 31, 2018 and the corresponding amounts of gross unrealized gains and losses: September 30, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available for sale: Corporate bonds $ 19,686 $ 533 $ — $ 20,219 Municipal securities 15,670 603 — 16,273 Mortgage-backed securities 87,946 676 555 88,067 Collateralized mortgage obligations 95,297 1,522 33 96,786 Total available for sale $ 218,599 $ 3,334 $ 588 $ 221,345 Held to maturity: Municipal securities $ 138,876 $ 4,985 $ 8 $ 143,853 Mortgage-backed securities 15,119 188 43 15,264 Collateralized mortgage obligations 2,930 118 — 3,048 Total held to maturity $ 156,925 $ 5,291 $ 51 $ 162,165 December 31, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available for sale: Corporate bonds $ 19,743 $ — $ 789 $ 18,954 Municipal securities 15,778 75 260 15,593 Mortgage-backed securities 93,083 52 3,676 89,459 Collateralized mortgage obligations 111,341 — 2,372 108,969 Total available for sale $ 239,945 $ 127 $ 7,097 $ 232,975 Held to maturity: Municipal securities $ 141,942 $ 1,156 $ 1,094 $ 142,004 Mortgage-backed securities 17,163 54 500 16,717 Collateralized mortgage obligations 4,059 48 28 4,079 Total held to maturity $ 163,164 $ 1,258 $ 1,622 $ 162,800
Schedule of Securities with Gross Unrealized Losses	Information pertaining to securities with gross unrealized losses as of September 30, 2019 and December 31, 2018 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, 2019 Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Available for sale: Corporate bonds $ — $ — $ — $ — $ — $ — Municipal securities — — — — — — Mortgage-backed securities — — (555 ) 64,192 (555 ) 64,192 Collateralized mortgage obligations — — (33 ) 2,965 (33 ) 2,965 Total available for sale $ — $ — $ (588 ) $ 67,157 $ (588 ) $ 67,157 Held to maturity: Municipal securities $ (6 ) $ 3,016 $ (2 ) $ 763 $ (8 ) $ 3,779 Mortgage-backed securities — — (43 ) 7,287 (43 ) 7,287 Collateralized mortgage obligations — 13 — — — 13 Total held to maturity $ (6 ) $ 3,029 $ (45 ) $ 8,050 $ (51 ) $ 11,079 Less Than 12 Months 12 Months or Longer Total December 31, 2018 Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Available for sale: Corporate bonds $ (453 ) $ 11,236 $ (336 ) $ 7,718 $ (789 ) $ 18,954 Municipal securities (17 ) 2,219 (243 ) 7,407 (260 ) 9,626 Mortgage-backed securities (89 ) 7,173 (3,587 ) 76,717 (3,676 ) 83,890 Collateralized mortgage obligations (79 ) 9,232 (2,293 ) 99,390 (2,372 ) 108,622 Total available for sale $ (638 ) $ 29,860 $ (6,459 ) $ 191,232 $ (7,097 ) $ 221,092 Held to maturity: Municipal securities $ (512 ) $ 55,793 $ (582 ) $ 26,511 $ (1,094 ) $ 82,304 Mortgage-backed securities (21 ) 1,478 (479 ) 12,317 (500 ) 13,795 Collateralized mortgage obligations (28 ) 2,171 — — (28 ) 2,171 Total held to maturity $ (561 ) $ 59,442 $ (1,061 ) $ 38,828 $ (1,622 ) $ 98,270
Schedule of Proceeds from Sales of Securities	The proceeds from sales of available for sale securities and the associated gains and losses are listed below for the: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Proceeds from sales $ — $ 102,356 $ 3,957 $ 111,813 Gross gains — 4 — 4 Gross losses — (3 ) (22 ) (54 )
Investments Classified by Contractual Maturity Date	The contractual maturities at September 30, 2019 of available for sale and held to maturity 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, 2019 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Due within one year $ 1,023 $ 1,027 $ 2,150 $ 2,164 Due after one year through five years 13,421 13,748 29,272 30,148 Due after five years through ten years 13,333 13,907 33,943 35,375 Due after ten years 7,579 7,810 73,511 76,166 Mortgage-backed securities 87,946 88,067 15,119 15,264 Collateralized mortgage obligations 95,297 96,786 2,930 3,048 Total Securities $ 218,599 $ 221,345 $ 156,925 $ 162,165

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	9 Months Ended
	Sep. 30, 2019
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, 2019 December 31, 2018 Commercial and industrial $ 299,714 $ 261,779 Real estate: Construction and development 256,459 237,503 Commercial real estate 581,742 582,519 Farmland 61,073 67,845 1-4 family residential 406,880 393,067 Multi-family residential 58,198 38,386 Consumer 53,315 54,777 Agricultural 18,728 23,277 Overdrafts 330 382 Total loans 1,736,439 1,659,535 Net of: Deferred loan costs 550 560 Allowance for loan losses (16,394 ) (14,651 ) Total net loans $ 1,720,595 $ 1,645,444
Schedule of Allowance for Loan Losses Activity	The following tables present the activity in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method for the nine months ended September 30, 2019, for the year ended December 31, 2018 and for the nine months ended September 30, 2018: For the Nine Months Ended September 30, 2019 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance $ 1,751 $ 1,920 $ 6,025 $ 643 $ 2,868 $ 631 $ 565 $ 238 $ 10 $ 14,651 Provision for loan losses (152 ) 215 863 (49 ) 220 199 (28 ) (126 ) 108 1,250 Loans charged-off (49 ) — — — (14 ) — (32 ) — (137 ) (232 ) Recoveries 507 — 1 — 3 — 95 89 30 725 Ending balance $ 2,057 $ 2,135 $ 6,889 $ 594 $ 3,077 $ 830 $ 600 $ 201 $ 11 $ 16,394 Allowance ending balance: Individually evaluated for impairment $ — $ — $ 1,186 $ 62 $ 20 $ — $ — $ — $ — $ 1,268 Collectively evaluated for impairment 2,057 2,135 5,703 532 3,057 830 600 201 11 15,126 Ending balance $ 2,057 $ 2,135 $ 6,889 $ 594 $ 3,077 $ 830 $ 600 $ 201 $ 11 $ 16,394 Loans: Individually evaluated for impairment $ 302 $ 1,325 $ 17,222 $ 133 $ 2,337 $ — $ — $ 64 $ — $ 21,383 Collectively evaluated for impairment 299,412 $ 255,134 564,520 60,940 404,543 58,198 53,315 18,664 330 1,715,056 Ending balance $ 299,714 $ 256,459 $ 581,742 $ 61,073 $ 406,880 $ 58,198 $ 53,315 $ 18,728 $ 330 $ 1,736,439 For the Year Ended December 31, 2018 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance $ 1,581 $ 1,724 $ 4,585 $ 523 $ 3,022 $ 629 $ 602 $ 187 $ 6 $ 12,859 Provision for loan losses 426 196 1,472 120 (196 ) 2 127 (12 ) 115 2,250 Loans charged-off (367 ) — (33 ) — (93 ) — (254 ) (2 ) (169 ) (918 ) Recoveries 111 — 1 — 135 — 90 65 58 460 Ending balance $ 1,751 $ 1,920 $ 6,025 $ 643 $ 2,868 $ 631 $ 565 $ 238 $ 10 $ 14,651 Allowance ending balance: Individually evaluated for impairment $ 64 $ 4 $ 341 $ 78 $ 6 $ — $ — $ — $ — $ 493 Collectively evaluated for impairment 1,687 1,916 5,684 565 2,862 631 565 238 10 14,158 Ending balance $ 1,751 $ 1,920 $ 6,025 $ 643 $ 2,868 $ 631 $ 565 $ 238 $ 10 $ 14,651 Loans: Individually evaluated for impairment $ 1,022 $ 1,250 $ 7,153 $ 140 $ 1,383 $ — $ — $ 408 $ — $ 11,356 Collectively evaluated for impairment 260,757 $ 236,253 575,366 67,705 391,684 38,386 54,777 22,869 382 1,648,179 Ending balance $ 261,779 $ 237,503 $ 582,519 $ 67,845 $ 393,067 $ 38,386 $ 54,777 $ 23,277 $ 382 $ 1,659,535 For the Nine Months Ended September 30, 2018 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer Agricultural Overdrafts Total Allowance for loan losses: Beginning balance $ 1,581 $ 1,724 $ 4,585 $ 523 $ 3,022 $ 629 $ 602 $ 187 $ 6 $ 12,859 Provision for loan losses 138 119 1,329 100 (161 ) 41 101 (3 ) 86 1,750 Loans charged-off (66 ) — (32 ) — (19 ) — (175 ) (2 ) (117 ) (411 ) Recoveries 54 — — — 49 — 41 65 34 243 Ending balance $ 1,707 $ 1,843 $ 5,882 $ 623 $ 2,891 $ 670 $ 569 $ 247 $ 9 $ 14,441 Allowance ending balance: Individually evaluated for impairment $ 315 $ — $ 61 $ 74 $ 4 $ — $ — $ — $ — $ 454 Collectively evaluated for impairment 1,392 1,843 5,821 549 2,887 670 569 247 9 13,987 Ending balance $ 1,707 $ 1,843 $ 5,882 $ 623 $ 2,891 $ 670 $ 569 $ 247 $ 9 $ 14,441 Loans: Individually evaluated for impairment $ 1,584 $ 1,684 $ 6,360 $ 218 $ 1,571 $ — $ — $ 409 $ — $ 11,826 Collectively evaluated for impairment 247,174 $ 227,623 592,793 64,991 390,885 38,523 53,947 23,775 326 1,640,037 Ending balance $ 248,758 $ 229,307 $ 599,153 $ 65,209 $ 392,456 $ 38,523 $ 53,947 $ 24,184 $ 326 $ 1,651,863
Summary of Credit Exposure by Internally Assigned Grade	The following tables summarize the credit exposure in the Company’s consumer and commercial loan portfolios as of: September 30, 2019 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer and Overdrafts Agricultural Total Grade: Pass $ 299,358 $ 254,527 $ 561,933 $ 60,792 $ 405,635 $ 58,198 $ 53,495 $ 18,493 $ 1,712,431 Special mention 149 600 2,859 44 830 — 61 102 4,645 Substandard 207 1,332 16,950 237 415 — 89 133 19,363 Total $ 299,714 $ 256,459 $ 581,742 $ 61,073 $ 406,880 $ 58,198 $ 53,645 $ 18,728 $ 1,736,439 December 31, 2018 Commercial and industrial Construction and development Commercial real estate Farmland 1-4 family residential Multi-family residential Consumer and Overdrafts Agricultural Total Grade: Pass $ 260,863 $ 236,253 $ 569,648 $ 67,541 $ 391,956 $ 38,386 $ 55,055 $ 22,713 $ 1,642,415 Special mention 224 — 5,691 49 514 — 48 115 6,641 Substandard 692 1,250 7,180 255 597 — 56 449 10,479 Total $ 261,779 $ 237,503 $ 582,519 $ 67,845 $ 393,067 $ 38,386 $ 55,159 $ 23,277 $ 1,659,535
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, loans 90 days or more past due continuing to accrue interest and loans classified as nonperforming as of: September 30, 2019 30 to 59 Days Past Due 60 to 89 Days Past Due 90 Days and Greater Past Due Total Past Due Current Total Loans Recorded Investment > 90 Days and Accruing Commercial and industrial $ 664 $ 88 $ — $ 752 $ 298,962 $ 299,714 $ — Real estate: Construction and development 1,498 — 99 1,597 254,862 256,459 — Commercial real estate 1,960 278 521 2,759 578,983 581,742 — Farmland 255 — — 255 60,818 61,073 — 1-4 family residential 4,819 890 414 6,123 400,757 406,880 — Multi-family residential — — — — 58,198 58,198 — Consumer 341 81 90 512 52,803 53,315 — Agricultural 65 — — 65 18,663 18,728 — Overdrafts — — — — 330 330 — Total $ 9,602 $ 1,337 $ 1,124 $ 12,063 $ 1,724,376 $ 1,736,439 $ — December 31, 2018 30 to 59 Days Past Due 60 to 89 Days Past Due 90 Days and Greater Past Due Total Past Due Current Total Loans Recorded Investment > 90 Days and Accruing Commercial and industrial $ 209 $ 493 $ 266 $ 968 $ 260,811 $ 261,779 $ — Real estate: Construction and development 735 2,816 — 3,551 233,952 237,503 — Commercial real estate 1,803 3 3,227 5,033 577,486 582,519 — Farmland 485 — — 485 67,360 67,845 — 1-4 family residential 2,849 666 596 4,111 388,956 393,067 — Multi-family residential — — — — 38,386 38,386 — Consumer 526 51 56 633 54,144 54,777 — Agricultural 105 59 41 205 23,072 23,277 — Overdrafts — — — — 382 382 — Total $ 6,712 $ 4,088 $ 4,186 $ 14,986 $ 1,644,549 $ 1,659,535 $ —
Schedule of Nonaccrual Loans	The following table presents information regarding nonaccrual loans as of: September 30, 2019 December 31, 2018 Commercial and industrial $ 15 $ 366 Real estate: Construction and development 106 — Commercial real estate 6,966 3,700 Farmland 133 140 1-4 family residential 3,403 1,567 Consumer 214 66 Agricultural 44 52 Total $ 10,881 $ 5,891
Summary of Troubled Debt Restructuring	The outstanding balances of TDRs are shown below: September 30, 2019 December 31, 2018 Nonaccrual TDRs $ 118 $ 335 Performing TDRs 7,297 861 Total $ 7,415 $ 1,196 Specific reserves on TDRs $ 184 $ — The following tables present loans by class, modified as TDRs, that occurred during the nine months ended September 30, 2019, the twelve months ended December 31, 2018 and the nine months ended September 30, 2018: Nine Months Ended September 30, 2019 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Commercial real estate 4 $ 1,680 $ 1,515 Total 4 $ 1,680 $ 1,515 There were no TDRs that subsequently defaulted through September 30, 2019. Year Ended December 31, 2018 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: Commercial and industrial 3 $ 504 $ 504 1-4 family residential 1 78 78 Total 4 $ 582 $ 582 There was one TDR that subsequently defaulted, therefore remained on nonaccrual status as of December 31, 2018. The TDRs described above did not increase the allowance for loan losses and resulted in no charge-offs during the year ended December 31, 2018. Nine Months Ended September 30, 2018 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings: 1-4 family residential 1 $ 15 $ 15 Farmland 1 78 78 Total 2 $ 93 $ 93
Summary of Impaired Loans	The following table presents information about the Company’s impaired loans as of: September 30, 2019 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment With no related allowance recorded: Commercial and industrial $ 302 $ 302 $ — $ 239 Real estate: Construction and development 1,325 1,325 — 938 Commercial real estate 3,923 3,923 — 3,115 Farmland — — — — 1-4 family residential 2,283 2,283 — 1,225 Multi-family residential — — — — Consumer — — — — Agricultural 64 64 — 175 Subtotal 7,897 7,897 — 5,692 With allowance recorded: Commercial and industrial — — — 61 Real estate: Construction and development — — — — Commercial real estate 13,299 13,299 1,186 5,892 Farmland 133 133 62 102 1-4 family residential 54 54 20 73 Multi-family residential — — — — Consumer — — — — Agricultural — — — — Subtotal 13,486 13,486 1,268 6,128 Total $ 21,383 $ 21,383 $ 1,268 $ 11,820 The following table presents information about the Company’s impaired loans as of: December 31, 2018 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment With no related allowance recorded: Commercial and industrial $ 837 $ 837 $ — $ 842 Real estate: Construction and development 720 720 — 518 Commercial real estate 5,168 5,168 — 5,138 Farmland — — — 62 1-4 family residential 1,223 1,223 — 1,132 Multi-family residential — — — 54 Consumer — — — — Agricultural 408 408 — 456 Subtotal 8,356 8,356 — 8,202 With allowance recorded: Commercial and industrial 185 185 64 300 Real estate: Construction and development 530 530 4 44 Commercial real estate 1,985 1,985 341 677 Farmland 140 140 78 147 1-4 family residential 160 160 6 128 Multi-family residential — — — — Consumer — — — — Agricultural — — — 52 Subtotal 3,000 3,000 493 1,348 Total $ 11,356 $ 11,356 $ 493 $ 9,550

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT (Tables)	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Schedule of Debt Maturities	Fixed rate advances, with monthly interest payments, principal due in: Year Current Weighted Average Rate Principal Due 2019 1.83 % $ 45,000 2020 2.09 % 6,500 2021 1.87 % 1,500 2022 1.99 % 1,500 2023 — — Thereafter 1.76 % 6,000 60,500 Fixed rate advances, with monthly principal and interest payments, principal due in: Year Current Weighted Average Rate 2021 1.38 % 123 $ 60,623

SUBORDINATED DEBENTURES (Tables

SUBORDINATED DEBENTURES (Tables)	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Schedule of Subordinated Debentures and Other Debentures	Subordinated debentures are made up of the following as of: September 30, 2019 December 31, 2018 Trust II Debentures $ 3,093 $ 3,093 Trust III Debentures 2,062 2,062 DCB Trust I Debentures 5,155 5,155 Other debentures 1,000 2,500 $ 11,310 $ 12,810 Trust II Debentures Trust III Debentures DCB Trust I Debentures 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

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	9 Months Ended
	Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Schedule of Stock Option Activity	A summary of activity in the Plan during the nine months ended September 30, 2019 and 2018 follows: Nine Months Ended September 30, 2019 Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Outstanding at beginning of year 537,872 $ 26.49 6.96 $ 2,088 Granted 35,000 29.85 9.61 26 Exercised (22,172 ) 24.93 5.29 125 Forfeited (26,400 ) 29.53 8.20 46 Balance, September 30, 2019 524,300 $ 26.63 6.38 $ 2,255 Exercisable at end of period 235,680 $ 25.22 5.42 $ 1,307 Nine Months Ended September 30, 2018 Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Outstanding at beginning of year 469,044 $ 25.11 7.32 $ 2,623 Granted 90,000 32.59 9.72 — Exercised (6,000 ) 23.33 5.98 41 Forfeited (11,800 ) 23.41 5.74 81 Balance, September 30, 2018 541,244 $ 26.41 7.12 $ 2,320 Exercisable at end of period 171,184 $ 24.29 5.81 $ 1,024
Schedule of Nonvested Stock Option Activity	A summary of nonvested activity in the Plan during the nine months ended September 30, 2019 and 2018 follows: Nine Months Ended September 30, 2019 Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Outstanding at beginning of year 331,560 $ 27.74 7.77 $ 975 Granted 35,000 29.85 9.61 26 Vested (54,340 ) 28.10 7.48 172 Forfeited (23,600 ) 33.03 9.18 46 Balance, September 30, 2019 288,620 $ 27.78 7.16 $ 949 Nine Months Ended September 30, 2018 Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Outstanding at beginning of year 334,400 $ 25.72 7.91 $ 1,673 Granted 90,000 32.59 9.72 — Vested (44,940 ) 26.19 8.04 199 Forfeited (9,400 ) 29.38 7.20 81 Balance, September 30, 2018 370,060 $ 27.39 7.72 $ 1,297
Summary of Restricted Stock Awards and Units Activity	A summary of activity in the Plan during the nine months ended September 30, 2019 and 2018 follows: Nine Months Ended September 30, 2019 Number of Shares Weighted-Average Grant Date Fair Value Outstanding at beginning of year 2,398 $ 31.57 Granted 30,500 30.25 Exercised (1,439 ) 31.57 Forfeited — — Balance, September 30, 2019 31,459 $ 29.33 Exercisable at end of period — $ — Nine Months Ended September 30, 2018 Number of Shares Weighted-Average Grant Date Fair Value Outstanding at beginning of year 2,398 $ 31.57 Granted — — Exercised — — Forfeited — — Balance, September 30, 2018 2,398 $ 31.57 Exercisable at end of period 959 $ —
Summary of Nonvested Restricted Stock Awards and Units Activity	A summary of nonvested activity in the Plan during the nine months ended September 30, 2019 and 2018 follows: Nine Months Ended September 30, 2019 Number of Shares Weighted-Average Grant Date Fair Value Outstanding at beginning of year 1,439 $ 31.57 Granted 30,500 30.25 Vested (480 ) 31.57 Forfeited — — Balance, September 30, 2019 31,459 $ 29.33 Nine Months Ended September 30, 2018 Number of Shares Weighted-Average Grant Date Fair Value Outstanding at beginning of year 2,398 $ 31.57 Granted — — Vested (959 ) 31.57 Forfeited — — Balance, September 30, 2018 1,439 $ 31.57
Plan Information	Information related to the Plan is as follows for the nine months ended: September 30, 2019 September 30, 2018 Intrinsic value of options exercised $ 125 $ 41 Cash received from options exercised 553 140 Weighted average fair value of options granted 16.75 5.62

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2019
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, 2019 Operating leases Operating lease right-of-use assets $ 11,360 Operating lease liabilities 11,433 Weighted average remaining lease term Operating leases 10 years Weighted average discount rate Operating leases 2.74 %
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 2023 and thereafter. Minimum future lease payments under these non-cancelable operating leases in excess of one year as of September 30, 2019, are as follows: 2019 $ 444 2020 1,536 2021 1,340 2022 1,229 2023 1,219 Thereafter 7,340 Total lease payments 13,108 Less: interest (1,675 ) Present value of lease liabilities $ 11,433

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Schedule of Income Tax Expense and Effective Tax Rate	Income tax expense was as follows for: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Income tax expense for the period $ 1,634 $ 1,160 $ 4,205 $ 3,126 Effective tax rate 17.83 % 18.56 % 18.19 % 18.16 %

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Schedule of Interest Rates Swap Agreements	The information pertaining to outstanding interest rate swap agreements used to hedge floating rate debentures was as follows as of: September 30, 2019 Notional Amount Pay Rate Receive Rate Effective Date Maturity in Years Unrealized Losses $ 2,000 5.979 % 3 month LIBOR plus 1.67% 10/1/2016 6.50 $ 356 $ 3,000 7.505 % 3 month LIBOR plus 3.35% 10/30/2012 3.08 $ 240 December 31, 2018 Notional Amount Pay Rate Receive Rate Effective Date Maturity in Years Unrealized Losses $ 2,000 5.979 % 3 month LIBOR plus 1.67% 10/1/2016 7.25 $ 220 $ 3,000 7.505 % 3 month LIBOR plus 3.35% 10/30/2012 3.83 $ 173

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2019
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, 2019 December 31, 2018 Commitments to extend credit $ 381,699 $ 342,523 Letters of credit 9,069 11,675

REGULATORY MATTERS (Tables)

REGULATORY MATTERS (Tables)	9 Months Ended
	Sep. 30, 2019
Banking And Thrift [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 For Capital Adequacy Purposes Minimum Required Under Basel III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio September 30, 2019 Total capital to risk-weighted assets: Consolidated $ 248,009 13.22 % $ 150,082 8.00 % $ 196,983 10.50 % n/a Bank 246,851 12.89 % 153,230 8.00 % 201,114 10.50 % $ 191,537 10.00 % Tier 1 capital to risk-weighted assets: Consolidated 231,615 12.35 % 112,562 6.00 % 159,462 8.50 % n/a Bank 230,457 12.03 % 114,922 6.00 % 162,807 8.50 % 153,230 8.00 % Tier 1 capital to average assets: (1) Consolidated 231,615 10.16 % 91,205 4.00 % 91,205 4.00 % n/a Bank 230,457 10.04 % 91,784 4.00 % 91,784 4.00 % 114,730 5.00 % Common equity tier 1 capital to risk-weighted assets: Consolidated 221,305 11.80 % 84,421 4.50 % 131,322 7.00 % n/a Bank 230,457 12.03 % 86,192 4.50 % 134,076 7.00 % 124,499 6.50 % (1) The Tier 1 capital ratio (to average assets) is not impacted by the Basel III Capital Rules; however, the Federal Reserve Board 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 For Capital Adequacy Purposes Minimum Required Under Basel III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio December 31, 2018 Total capital to risk-weighted assets: Consolidated $ 241,791 13.25 % $ 146,020 8.00 % $ 191,651 10.50 % n/a Bank 242,142 13.27 % 146,015 8.00 % 191,645 10.50 % $ 182,519 10.00 % Tier 1 capital to risk-weighted assets: Consolidated 227,140 12.44 % 109,515 6.00 % 155,146 8.50 % n/a Bank 227,491 12.46 % 109,511 6.00 % 155,141 8.50 % 146,015 8.00 % Tier 1 capital to average assets: Consolidated 227,140 10.16 % 89,422 4.00 % 89,422 4.00 % n/a Bank 227,491 10.18 % 89,414 4.00 % 89,414 4.00 % 111,768 5.00 % Common equity tier 1 capital to risk-weighted assets: Consolidated 216,830 11.88 % 82,136 4.50 % 127,768 7.00 % n/a Bank 227,491 12.46 % 82,134 4.50 % 127,763 7.00 % 118,637 6.50 %

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2019
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, 2019 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) Assets (liabilities) at fair value on a recurring basis: Available for sale securities: Mortgage-backed securities $ 88,067 $ — $ 88,067 $ — Collateralized mortgage obligations 96,786 — 96,786 — Municipal securities 16,273 — 16,273 — Corporate bonds 20,219 — 20,219 — Loans held for sale 3,841 — — 3,841 Cash surrender value of life insurance 34,280 — 34,280 — SBA servicing assets 706 — — 706 Derivative instrument assets 596 — 596 — Derivative instrument liabilities (596 ) — (596 ) — Assets at fair value on a nonrecurring basis: Impaired loans 20,115 — — 20,115 Other real estate owned 551 — — 551 As of December 31, 2018 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) Assets (liabilities) at fair value on a recurring basis: Available for sale securities: Mortgage-backed securities $ 89,459 $ — $ 89,459 $ — Collateralized mortgage obligations 108,969 — 108,969 — Municipal securities 15,593 — 15,593 — Corporate bonds 18,954 — 18,954 — Derivative instruments (392 ) — (392 ) — Assets at fair value on a nonrecurring basis: Impaired loans 10,863 — — 10,863 Other real estate owned 751 — — 751
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, 2019 December 31, 2018 September 30, 2018 Other real estate owned remeasured at initial recognition: Carrying value of other real estate owned prior to remeasurement $ 137 $ 542 $ 180 Charge-offs recognized in the allowance for loan losses (9 ) (25 ) (23 ) Fair value of other real estate owned remeasured at initial recognition $ 128 $ 517 $ 157 Other real estate owned remeasured subsequent to initial recognition: Carrying value of other real estate owned prior to remeasurement $ — $ 599 $ 599 Write-downs included in collection and other real estate owned expense — (56 ) (56 ) Fair value of other real estate owned remeasured subsequent to initial recognition $ — $ 543 $ 543
Schedule of Quantitative Information About Nonrecurring Level 3 Fair Value Measurements	The following tables present quantitative information about nonrecurring Level 3 fair value measurements as of: Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) September 30, 2019 Impaired loans $ 20,115 Fair value of collateral - sales comparison approach Selling costs or other normal adjustments: Real estate Equipment 10%-20% (16%) 10%-20% (12%) Other real estate owned $ 551 Appraisal value of collateral Selling costs or other normal adjustments 10%-20% (16%) . Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) December 31, 2018 Impaired loans $ 10,863 Fair value of collateral - sales comparison approach Selling costs or other normal adjustments: Real estate Equipment 10%-20% (16%) 10%-20% (19%) Other real estate owned $ 751 Appraisal value of collateral Selling costs or other normal adjustments 10%-20% (16%)
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, 2019 and December 31, 2018, are as follows: Fair value measurements as of September 30, 2019 using: Carrying Amount Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value Financial assets: Cash, due from banks, federal funds sold and interest-bearing deposits $ 58,648 $ 58,648 $ — $ — $ 58,648 Marketable securities held to maturity 156,925 — 162,165 — 162,165 Loans, net 1,720,595 — — 1,719,467 1,719,467 Accrued interest receivable 7,825 — 7,825 — 7,825 Nonmarketable equity securities 11,644 — 11,644 — 11,644 Cash surrender value of life insurance 34,280 — 34,280 — 34,280 Financial liabilities: Deposits $ 1,963,313 $ 1,432,490 $ 534,075 $ — $ 1,966,565 Securities sold under repurchase agreements 11,363 — 11,363 — 11,363 Accrued interest payable 1,719 — 1,719 — 1,719 Federal Home Loan Bank advances 60,623 — 60,634 — 60,634 Subordinated debentures 11,310 — 9,153 — 9,153 Fair value measurements as of December 31, 2018 using: Carrying Amount Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value Financial assets: Cash, due from banks, federal funds sold and interest-bearing deposits $ 71,510 $ 71,510 $ — $ — $ 71,510 Marketable securities held to maturity 163,164 — 162,800 — 162,800 Loans, net 1,645,444 — — 1,630,600 1,630,600 Accrued interest receivable 9,292 — 9,292 — 9,292 Nonmarketable equity securities 14,937 — 14,937 — 14,937 Cash surrender value of life insurance 26,301 — 26,301 — 26,301 Financial liabilities: Deposits $ 1,871,480 $ 1,435,985 $ 434,647 $ — $ 1,870,632 Securities sold under repurchase agreements 12,228 — 12,228 — 12,228 Accrued interest payable 1,651 — 1,651 — 1,651 Federal Home Loan Bank advances 115,136 — 114,934 — 114,934 Subordinated debentures 12,810 — 10,724 — 10,724

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2019
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 September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Numerator: Net earnings (basic) $ 7,530 $ 5,091 $ 18,910 $ 14,084 Net earnings (diluted) $ 7,530 $ 5,091 $ 18,910 $ 14,084 Denominator: Weighted-average shares outstanding (basic) 11,550,335 11,962,654 11,674,298 11,452,968 Effect of dilutive securities: Common stock equivalent shares from stock options 62,538 70,780 58,844 100,539 Weighted-average shares outstanding (diluted) 11,612,873 12,033,434 11,733,142 11,553,507 Net earnings per share Basic $ 0.65 $ 0.43 $ 1.62 $ 1.23 Diluted $ 0.65 $ 0.42 $ 1.62 $ 1.22

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) $ in Thousands	Sep. 30, 2019USD ($)subsidary	Jan. 01, 2019USD ($)	Mar. 31, 2018USD ($)
Property, Plant and Equipment [Line Items]
Number of subsidiaries | subsidary	6
Operating lease liability	$ 11,433
Operating lease right of use asset	$ 11,360
Accounting Standards Update 2018-02
Property, Plant and Equipment [Line Items]
Operating lease liability		$ 12,000
Operating lease right of use asset		$ 12,000
Accumulated Other Comprehensive Loss | Accounting Standards Update 2018-02
Property, Plant and Equipment [Line Items]
Reclassification of certain tax effects from accumulated other comprehensive income			$ 486
Retained Earnings | Accounting Standards Update 2018-02
Property, Plant and Equipment [Line Items]
Reclassification of certain tax effects from accumulated other comprehensive income			$ 486

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) - USD ($)	Jun. 01, 2018	Sep. 30, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Goodwill		$ 32,160,000	$ 32,160,000
Westbound Bank
Business Acquisition [Line Items]
Percentage of shares acquired	100.00%
Total consideration transferred	$ 35,991,000
Shares issued (shares)	899,816
Shares of acquired company exchanged (shares)	2,311,952
Goodwill	$ 13,418,000
Goodwill expected to be deducted	0
Contingent consideration withheld in escrow	$ 1,750,000
Performance period pertinent to contingent consideration	3 years
Fair value of performing loans	$ 154,687,000

ACQUISITIONS - Consideration (D

ACQUISITIONS - Consideration (Details) - USD ($) $ in Thousands	Jun. 01, 2018	Sep. 30, 2019	Sep. 30, 2018
Business Acquisition [Line Items]
Cash		$ 0	$ 6,423
Westbound Bank
Business Acquisition [Line Items]
Cash	$ 6,423
Equity instruments	29,568
Fair value of total consideration transferred	$ 35,991

ACQUISITIONS - Purchase Price A

ACQUISITIONS - Purchase Price Allocation (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Jun. 01, 2018
Liabilities [Abstract]
Goodwill	$ 32,160	$ 32,160
Westbound Bank
Assets [Abstract]
Cash and due from banks			$ 24,927
Investment securities available for sale			15,264
Loans, net of discount			154,687
Accrued interest receivable			651
Premises and equipment			8,625
Core deposit intangible			2,700
Other assets			9,205
Total assets acquired			216,059
Liabilities [Abstract]
Non-interest bearing deposits			40,595
Interest bearing deposits			140,826
Federal Home Loan Bank advances			10,500
Accrued interest and other liabilities			1,565
Total liabilities assumed			193,486
Net assets acquired			22,573
Total consideration paid			35,991
Goodwill			$ 13,418

MARKETABLE SECURITIES - Schedul

MARKETABLE SECURITIES - Schedule of Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Available for sale:
Available-for-sale debt securities, amortized cost basis	$ 218,599	$ 239,945
Gross Unrealized Gain	3,334	127
Gross Unrealized Loss	588	7,097
Estimated Fair Value	221,345	232,975
Held to maturity:
Amortized Cost	156,925	163,164
Gross Unrealized Gains	5,291	1,258
Gross Unrealized Losses	51	1,622
Estimated Fair Value	162,165	162,800
Corporate bonds
Available for sale:
Available-for-sale debt securities, amortized cost basis	19,686	19,743
Gross Unrealized Gain	533	0
Gross Unrealized Loss	0	789
Estimated Fair Value	20,219	18,954
Mortgage-backed securities
Available for sale:
Available-for-sale debt securities, amortized cost basis	87,946	93,083
Gross Unrealized Gain	676	52
Gross Unrealized Loss	555	3,676
Estimated Fair Value	88,067	89,459
Held to maturity:
Amortized Cost	15,119	17,163
Gross Unrealized Gains	188	54
Gross Unrealized Losses	43	500
Estimated Fair Value	15,264	16,717
Collateralized mortgage obligations
Available for sale:
Available-for-sale debt securities, amortized cost basis	95,297	111,341
Gross Unrealized Gain	1,522	0
Gross Unrealized Loss	33	2,372
Estimated Fair Value	96,786	108,969
Held to maturity:
Amortized Cost	2,930	4,059
Gross Unrealized Gains	118	48
Gross Unrealized Losses	0	28
Estimated Fair Value	3,048	4,079
Municipal securities
Available for sale:
Available-for-sale debt securities, amortized cost basis	15,670	15,778
Gross Unrealized Gain	603	75
Gross Unrealized Loss	0	260
Estimated Fair Value	16,273	15,593
Held to maturity:
Amortized Cost	138,876	141,942
Gross Unrealized Gains	4,985	1,156
Gross Unrealized Losses	8	1,094
Estimated Fair Value	$ 143,853	$ 142,004

MARKETABLE SECURITIES - Narrati

MARKETABLE SECURITIES - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2019USD ($)Position	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)Positionsecurity	Sep. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Investments Debt And Equity Securities [Abstract]
Other than temporary impairment losses on debt securities related to credit losses	$ 0		$ 0		$ 0
Number of investment positions in an unrealized loss position | Position	26		26
Number of securities other than agencies amount | security			0
Fair value of securities pledged as collateral	$ 240,348,000		$ 240,348,000		$ 259,557,000
Number of held-to-maturity securities sold	0	0	0	0

MARKETABLE SECURITIES - Securit

MARKETABLE SECURITIES - Securities in Continuous Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Gross Unrealized Losses
Less Than 12 Months	$ 0	$ (638)
12 Months or Longer	(588)	(6,459)
Total	(588)	(7,097)
Estimated Fair Value
Less Than 12 Months	0	29,860
12 Months or Longer	67,157	191,232
Total	67,157	221,092
Gross Unrealized Losses
Less Than 12 Months	(6)	(561)
12 Months or Longer	(45)	(1,061)
Total	(51)	(1,622)
Estimated Fair Value
Less Than 12 Months	3,029	59,442
12 Months or Longer	8,050	38,828
Total	11,079	98,270
Corporate bonds
Gross Unrealized Losses
Less Than 12 Months	0	(453)
12 Months or Longer	0	(336)
Total	0	(789)
Estimated Fair Value
Less Than 12 Months	0	11,236
12 Months or Longer	0	7,718
Total	0	18,954
Mortgage-backed securities
Gross Unrealized Losses
Less Than 12 Months	0	(89)
12 Months or Longer	(555)	(3,587)
Total	(555)	(3,676)
Estimated Fair Value
Less Than 12 Months	0	7,173
12 Months or Longer	64,192	76,717
Total	64,192	83,890
Gross Unrealized Losses
Less Than 12 Months	0	(21)
12 Months or Longer	(43)	(479)
Total	(43)	(500)
Estimated Fair Value
Less Than 12 Months	0	1,478
12 Months or Longer	7,287	12,317
Total	7,287	13,795
Collateralized mortgage obligations
Gross Unrealized Losses
Less Than 12 Months	0	(79)
12 Months or Longer	(33)	(2,293)
Total	(33)	(2,372)
Estimated Fair Value
Less Than 12 Months	0	9,232
12 Months or Longer	2,965	99,390
Total	2,965	108,622
Gross Unrealized Losses
Less Than 12 Months	0	(28)
12 Months or Longer	0	0
Total	0	(28)
Estimated Fair Value
Less Than 12 Months	13	2,171
12 Months or Longer	0	0
Total	13	2,171
Municipal securities
Gross Unrealized Losses
Less Than 12 Months	0	(17)
12 Months or Longer	0	(243)
Total	0	(260)
Estimated Fair Value
Less Than 12 Months	0	2,219
12 Months or Longer	0	7,407
Total	0	9,626
Gross Unrealized Losses
Less Than 12 Months	(6)	(512)
12 Months or Longer	(2)	(582)
Total	(8)	(1,094)
Estimated Fair Value
Less Than 12 Months	3,016	55,793
12 Months or Longer	763	26,511
Total	$ 3,779	$ 82,304

MARKETABLE SECURITIES - Sale of

MARKETABLE SECURITIES - Sale of Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Sale Of Marketable Securities [Abstract]
Proceeds from sales	$ 0	$ 102,356	$ 3,957	$ 111,813
Gross gains	0	4	0	4
Gross losses	$ 0	$ (3)	$ (22)	$ (54)

MARKETABLE SECURITIES - Contrac

MARKETABLE SECURITIES - Contractual Maturities of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Amortized Cost
Due within one year	$ 1,023
Due after one year through five years	13,421
Due after five years through ten years	13,333
Due after ten years	7,579
Available-for-sale debt securities, amortized cost basis	218,599	$ 239,945
Estimated Fair Value
Due within one year	1,027
Due after one year through five years	13,748
Due after five years through ten years	13,907
Due after ten years	7,810
Available-for-sale debt securities, estimated fair value	221,345	232,975
Amortized Cost
Due within one year	2,150
Due after one year through five years	29,272
Due after five years through ten years	33,943
Due after ten years	73,511
Amortized Cost	156,925	163,164
Estimated Fair Value
Due within one year	2,164
Due after one year through five years	30,148
Due after five years through ten years	35,375
Due after ten years	76,166
Held-to-maturity securities, estimated fair value	162,165	162,800
Mortgage-backed securities
Amortized Cost
Available-for-sale securities without single maturity date	87,946
Available-for-sale debt securities, amortized cost basis	87,946	93,083
Estimated Fair Value
Available-for-sale securities without single maturity date	88,067
Available-for-sale debt securities, estimated fair value	88,067	89,459
Amortized Cost
Held-to-maturity securities, without single maturity date	15,119
Amortized Cost	15,119	17,163
Estimated Fair Value
Held-to-maturity securities, without single maturity date	15,264
Held-to-maturity securities, estimated fair value	15,264	16,717
Collateralized mortgage obligations
Amortized Cost
Available-for-sale securities without single maturity date	95,297
Available-for-sale debt securities, amortized cost basis	95,297	111,341
Estimated Fair Value
Available-for-sale securities without single maturity date	96,786
Available-for-sale debt securities, estimated fair value	96,786	108,969
Amortized Cost
Held-to-maturity securities, without single maturity date	2,930
Amortized Cost	2,930	4,059
Estimated Fair Value
Held-to-maturity securities, without single maturity date	3,048
Held-to-maturity securities, estimated fair value	$ 3,048	$ 4,079

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN LOSSES - Summary of Loan Portfolio by Type of Loan (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Loans held for investment:
Total loans	$ 1,736,439	$ 1,659,535	$ 1,651,863
Deferred loan costs	550	560
Allowance for loan losses	(16,394)	(14,651)	(14,441)	$ (12,859)
Total net loans	1,720,595	1,645,444
Commercial and industrial
Loans held for investment:
Total loans	299,714	261,779	248,758
Allowance for loan losses	(2,057)	(1,751)	(1,707)	(1,581)
Construction and development
Loans held for investment:
Total loans	256,459	237,503	229,307
Allowance for loan losses	(2,135)	(1,920)	(1,843)	(1,724)
Commercial real estate
Loans held for investment:
Total loans	581,742	582,519	599,153
Allowance for loan losses	(6,889)	(6,025)	(5,882)	(4,585)
Farmland
Loans held for investment:
Total loans	61,073	67,845	65,209
Allowance for loan losses	(594)	(643)	(623)	(523)
1-4 family residential
Loans held for investment:
Total loans	406,880	393,067	392,456
Allowance for loan losses	(3,077)	(2,868)	(2,891)	(3,022)
Multi-family residential
Loans held for investment:
Total loans	58,198	38,386	38,523
Allowance for loan losses	(830)	(631)	(670)	(629)
Consumer
Loans held for investment:
Total loans	53,315	54,777	53,947
Allowance for loan losses	(600)	(565)	(569)	(602)
Agricultural
Loans held for investment:
Total loans	18,728	23,277	24,184
Allowance for loan losses	(201)	(238)	(247)	(187)
Overdrafts
Loans held for investment:
Total loans	330	382	326
Allowance for loan losses	$ (11)	$ (10)	$ (9)	$ (6)

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN LOSSES - Schedule of Allowance for Loan Losses Activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Allowance for loan losses:
Beginning balance			$ 14,651	$ 12,859	$ 12,859
Provision for loan losses	$ 100	$ 500	1,250	1,750	2,250
Loans charged-off			(232)	(411)	(918)
Recoveries			725	243	460
Ending balance	16,394	14,441	16,394	14,441	14,651
Allowance ending balance:
Individually evaluated for impairment	1,268	454	1,268	454	493
Collectively evaluated for impairment	15,126	13,987	15,126	13,987	14,158
Ending balance	16,394	14,441	16,394	14,441	14,651
Loans:
Individually evaluated for impairment	21,383	11,826	21,383	11,826	11,356
Collectively evaluated for impairment	1,715,056	1,640,037	1,715,056	1,640,037	1,648,179
Ending balance	1,736,439	1,651,863	1,736,439	1,651,863	1,659,535
Commercial and industrial
Allowance for loan losses:
Beginning balance			1,751	1,581	1,581
Provision for loan losses			(152)	138	426
Loans charged-off			(49)	(66)	(367)
Recoveries			507	54	111
Ending balance	2,057	1,707	2,057	1,707	1,751
Allowance ending balance:
Individually evaluated for impairment		315		315	64
Collectively evaluated for impairment	2,057	1,392	2,057	1,392	1,687
Ending balance	2,057	1,707	2,057	1,707	1,751
Loans:
Individually evaluated for impairment	302	1,584	302	1,584	1,022
Collectively evaluated for impairment	299,412	247,174	299,412	247,174	260,757
Ending balance	299,714	248,758	299,714	248,758	261,779
Construction and development
Allowance for loan losses:
Beginning balance			1,920	1,724	1,724
Provision for loan losses			215	119	196
Ending balance	2,135	1,843	2,135	1,843	1,920
Allowance ending balance:
Individually evaluated for impairment					4
Collectively evaluated for impairment	2,135	1,843	2,135	1,843	1,916
Ending balance	2,135	1,843	2,135	1,843	1,920
Loans:
Individually evaluated for impairment	1,325	1,684	1,325	1,684	1,250
Collectively evaluated for impairment	255,134	227,623	255,134	227,623	236,253
Ending balance	256,459	229,307	256,459	229,307	237,503
Commercial real estate
Allowance for loan losses:
Beginning balance			6,025	4,585	4,585
Provision for loan losses			863	1,329	1,472
Loans charged-off				(32)	(33)
Recoveries			1		1
Ending balance	6,889	5,882	6,889	5,882	6,025
Allowance ending balance:
Individually evaluated for impairment	1,186	61	1,186	61	341
Collectively evaluated for impairment	5,703	5,821	5,703	5,821	5,684
Ending balance	6,889	5,882	6,889	5,882	6,025
Loans:
Individually evaluated for impairment	17,222	6,360	17,222	6,360	7,153
Collectively evaluated for impairment	564,520	592,793	564,520	592,793	575,366
Ending balance	581,742	599,153	581,742	599,153	582,519
Farmland
Allowance for loan losses:
Beginning balance			643	523	523
Provision for loan losses			(49)	100	120
Ending balance	594	623	594	623	643
Allowance ending balance:
Individually evaluated for impairment	62	74	62	74	78
Collectively evaluated for impairment	532	549	532	549	565
Ending balance	594	623	594	623	643
Loans:
Individually evaluated for impairment	133	218	133	218	140
Collectively evaluated for impairment	60,940	64,991	60,940	64,991	67,705
Ending balance	61,073	65,209	61,073	65,209	67,845
1-4 family residential
Allowance for loan losses:
Beginning balance			2,868	3,022	3,022
Provision for loan losses			220	(161)	(196)
Loans charged-off			(14)	(19)	(93)
Recoveries			3	49	135
Ending balance	3,077	2,891	3,077	2,891	2,868
Allowance ending balance:
Individually evaluated for impairment	20	4	20	4	6
Collectively evaluated for impairment	3,057	2,887	3,057	2,887	2,862
Ending balance	3,077	2,891	3,077	2,891	2,868
Loans:
Individually evaluated for impairment	2,337	1,571	2,337	1,571	1,383
Collectively evaluated for impairment	404,543	390,885	404,543	390,885	391,684
Ending balance	406,880	392,456	406,880	392,456	393,067
Multi-family residential
Allowance for loan losses:
Beginning balance			631	629	629
Provision for loan losses			199	41	2
Ending balance	830	670	830	670	631
Allowance ending balance:
Collectively evaluated for impairment	830	670	830	670	631
Ending balance	830	670	830	670	631
Loans:
Collectively evaluated for impairment	58,198	38,523	58,198	38,523	38,386
Ending balance	58,198	38,523	58,198	38,523	38,386
Consumer
Allowance for loan losses:
Beginning balance			565	602	602
Provision for loan losses			(28)	101	127
Loans charged-off			(32)	(175)	(254)
Recoveries			95	41	90
Ending balance	600	569	600	569	565
Allowance ending balance:
Collectively evaluated for impairment	600	569	600	569	565
Ending balance	600	569	600	569	565
Loans:
Collectively evaluated for impairment	53,315	53,947	53,315	53,947	54,777
Ending balance	53,315	53,947	53,315	53,947	54,777
Agricultural
Allowance for loan losses:
Beginning balance			238	187	187
Provision for loan losses			(126)	(3)	(12)
Loans charged-off				(2)	(2)
Recoveries			89	65	65
Ending balance	201	247	201	247	238
Allowance ending balance:
Collectively evaluated for impairment	201	247	201	247	238
Ending balance	201	247	201	247	238
Loans:
Individually evaluated for impairment	64	409	64	409	408
Collectively evaluated for impairment	18,664	23,775	18,664	23,775	22,869
Ending balance	18,728	24,184	18,728	24,184	23,277
Overdrafts
Allowance for loan losses:
Beginning balance			10	6	6
Provision for loan losses			108	86	115
Loans charged-off			(137)	(117)	(169)
Recoveries			30	34	58
Ending balance	11	9	11	9	10
Allowance ending balance:
Collectively evaluated for impairment	11	9	11	9	10
Ending balance	11	9	11	9	10
Loans:
Collectively evaluated for impairment	330	326	330	326	382
Ending balance	$ 330	$ 326	$ 330	$ 326	$ 382

LOANS AND ALLOWANCE FOR LOAN _5

LOANS AND ALLOWANCE FOR LOAN LOSSES - Summary of Credit Exposure (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Financing Receivable Recorded Investment [Line Items]
Total loans	$ 1,736,439	$ 1,659,535	$ 1,651,863
Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	1,712,431	1,642,415
Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans	4,645	6,641
Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans	19,363	10,479
Commercial and industrial
Financing Receivable Recorded Investment [Line Items]
Total loans	299,714	261,779	248,758
Commercial and industrial | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	299,358	260,863
Commercial and industrial | Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans	149	224
Commercial and industrial | Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans	207	692
Construction and development
Financing Receivable Recorded Investment [Line Items]
Total loans	256,459	237,503	229,307
Construction and development | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	254,527	236,253
Construction and development | Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans	600
Construction and development | Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans	1,332	1,250
Commercial real estate
Financing Receivable Recorded Investment [Line Items]
Total loans	581,742	582,519	599,153
Commercial real estate | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	561,933	569,648
Commercial real estate | Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans	2,859	5,691
Commercial real estate | Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans	16,950	7,180
Farmland
Financing Receivable Recorded Investment [Line Items]
Total loans	61,073	67,845	65,209
Farmland | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	60,792	67,541
Farmland | Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans	44	49
Farmland | Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans	237	255
1-4 family residential
Financing Receivable Recorded Investment [Line Items]
Total loans	406,880	393,067	392,456
1-4 family residential | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	405,635	391,956
1-4 family residential | Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans	830	514
1-4 family residential | Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans	415	597
Multi-family residential
Financing Receivable Recorded Investment [Line Items]
Total loans	58,198	38,386	38,523
Multi-family residential | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	58,198	38,386
Consumer and Overdrafts
Financing Receivable Recorded Investment [Line Items]
Total loans	53,645	55,159
Consumer and Overdrafts | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	53,495	55,055
Consumer and Overdrafts | Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans	61	48
Consumer and Overdrafts | Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans	89	56
Agricultural
Financing Receivable Recorded Investment [Line Items]
Total loans	18,728	23,277	$ 24,184
Agricultural | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	18,493	22,713
Agricultural | Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans	102	115
Agricultural | Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans	$ 133	$ 449

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN LOSSES - Summary of Payment Status of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	$ 12,063	$ 14,986
Current	1,724,376	1,644,549
Ending balance	1,736,439	1,659,535	$ 1,651,863
Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	9,602	6,712
Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	1,337	4,088
Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	1,124	4,186
Commercial and industrial
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	752	968
Current	298,962	260,811
Ending balance	299,714	261,779	248,758
Commercial and industrial | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	664	209
Commercial and industrial | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	88	493
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		266
Construction and development
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	1,597	3,551
Current	254,862	233,952
Ending balance	256,459	237,503	229,307
Construction and development | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	1,498	735
Construction and development | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans		2,816
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	99
Commercial real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	2,759	5,033
Current	578,983	577,486
Ending balance	581,742	582,519	599,153
Commercial real estate | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	1,960	1,803
Commercial real estate | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	278	3
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	521	3,227
Farmland
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	255	485
Current	60,818	67,360
Ending balance	61,073	67,845	65,209
Farmland | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	255	485
1-4 family residential
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	6,123	4,111
Current	400,757	388,956
Ending balance	406,880	393,067	392,456
1-4 family residential | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	4,819	2,849
1-4 family residential | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	890	666
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	414	596
Multi-family residential
Financing Receivable Recorded Investment Past Due [Line Items]
Current	58,198	38,386
Ending balance	58,198	38,386	38,523
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	512	633
Current	52,803	54,144
Ending balance	53,315	54,777	53,947
Consumer | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	341	526
Consumer | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	81	51
Consumer | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	90	56
Agricultural
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	65	205
Current	18,663	23,072
Ending balance	18,728	23,277	24,184
Agricultural | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans	65	105
Agricultural | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans		59
Agricultural | Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due loans		41
Overdrafts
Financing Receivable Recorded Investment Past Due [Line Items]
Current	330	382
Ending balance	$ 330	$ 382	$ 326

LOANS AND ALLOWANCE FOR LOAN _7

LOANS AND ALLOWANCE FOR LOAN LOSSES - Schedule of Nonaccrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	$ 10,881	$ 5,891
Commercial and industrial
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	15	366
Construction and development
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	106	0
Commercial real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	6,966	3,700
Farmland
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	133	140
1-4 family residential
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	3,403	1,567
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	214	66
Agricultural
Financing Receivable Recorded Investment Past Due [Line Items]
Total loans	$ 44	$ 52

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN LOSSES - Troubled Debt Restructuring (Details) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2019USD ($)contract	Sep. 30, 2018USD ($)contract	Dec. 31, 2018USD ($)contract
Financing Receivable, Modifications [Line Items]
Total	$ 7,415		$ 1,196
Specific reserves on TDRs	$ 184		$ 0
Troubled Debt Restructurings:
Number of Contracts | contract	4	2	4
Pre-Modification Outstanding Recorded Investment	$ 1,680	$ 93	$ 582
Post-Modification Outstanding Recorded Investment	$ 1,515	$ 93	$ 582
Commercial real estate
Troubled Debt Restructurings:
Number of Contracts | contract	4
Pre-Modification Outstanding Recorded Investment	$ 1,680
Post-Modification Outstanding Recorded Investment	1,515
Commercial and industrial
Troubled Debt Restructurings:
Number of Contracts | contract			3
Pre-Modification Outstanding Recorded Investment			$ 504
Post-Modification Outstanding Recorded Investment			$ 504
1-4 family residential
Troubled Debt Restructurings:
Number of Contracts | contract		1	1
Pre-Modification Outstanding Recorded Investment		$ 15	$ 78
Post-Modification Outstanding Recorded Investment		$ 15	78
Farmland
Troubled Debt Restructurings:
Number of Contracts | contract		1
Pre-Modification Outstanding Recorded Investment		$ 78
Post-Modification Outstanding Recorded Investment		$ 78
Nonaccrual TDRs
Financing Receivable, Modifications [Line Items]
Total	118		335
Performing TDRs
Financing Receivable, Modifications [Line Items]
Total	$ 7,297		$ 861

LOANS AND ALLOWANCE FOR LOAN _9

LOANS AND ALLOWANCE FOR LOAN LOSSES - Narrative (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Receivables [Abstract]
Increase in allowance for loan losses due to TDRs	$ 0	$ 0
Troubled debt restructuring charge-offs	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN_10

LOANS AND ALLOWANCE FOR LOAN LOSSES - Summary of Impaired Loans (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, With no related allowance recorded	$ 7,897	$ 8,356
Unpaid Principal Balance, With related allowance recorded	13,486	3,000
Unpaid Principal Balance	21,383	11,356
Recorded Investment [Abstract]
Recorded Investment, With no related allowance recorded	7,897	8,356
Recorded Investment, With related allowance recorded	13,486	3,000
Recorded Investment, With related allowance recorded	21,383	11,356
Related Allowance [Abstract]
Related Allowance	1,268	493
Average Recorded Investment [Abstract]
Average Recorded Investment, With no related allowance recorded	5,692	8,202
Average Recorded Investment, With related allowance recorded	6,128	1,348
Average Recorded Investment, With related allowance recorded	11,820	9,550
Commercial and industrial
Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, With no related allowance recorded	302	837
Unpaid Principal Balance, With related allowance recorded		185
Recorded Investment [Abstract]
Recorded Investment, With no related allowance recorded	302	837
Recorded Investment, With related allowance recorded		185
Related Allowance [Abstract]
Related Allowance		64
Average Recorded Investment [Abstract]
Average Recorded Investment, With no related allowance recorded	239	842
Average Recorded Investment, With related allowance recorded	61	300
Construction and development
Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, With no related allowance recorded	1,325	720
Unpaid Principal Balance, With related allowance recorded		530
Recorded Investment [Abstract]
Recorded Investment, With no related allowance recorded	1,325	720
Recorded Investment, With related allowance recorded		530
Related Allowance [Abstract]
Related Allowance		4
Average Recorded Investment [Abstract]
Average Recorded Investment, With no related allowance recorded	938	518
Average Recorded Investment, With related allowance recorded		44
Commercial real estate
Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, With no related allowance recorded	3,923	5,168
Unpaid Principal Balance, With related allowance recorded	13,299	1,985
Recorded Investment [Abstract]
Recorded Investment, With no related allowance recorded	3,923	5,168
Recorded Investment, With related allowance recorded	13,299	1,985
Related Allowance [Abstract]
Related Allowance	1,186	341
Average Recorded Investment [Abstract]
Average Recorded Investment, With no related allowance recorded	3,115	5,138
Average Recorded Investment, With related allowance recorded	5,892	677
Farmland
Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, With related allowance recorded	133	140
Recorded Investment [Abstract]
Recorded Investment, With related allowance recorded	133	140
Related Allowance [Abstract]
Related Allowance	62	78
Average Recorded Investment [Abstract]
Average Recorded Investment, With no related allowance recorded		62
Average Recorded Investment, With related allowance recorded	102	147
1-4 family residential
Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, With no related allowance recorded	2,283	1,223
Unpaid Principal Balance, With related allowance recorded	54	160
Recorded Investment [Abstract]
Recorded Investment, With no related allowance recorded	2,283	1,223
Recorded Investment, With related allowance recorded	54	160
Related Allowance [Abstract]
Related Allowance	20	6
Average Recorded Investment [Abstract]
Average Recorded Investment, With no related allowance recorded	1,225	1,132
Average Recorded Investment, With related allowance recorded	73	128
Multi-family residential
Average Recorded Investment [Abstract]
Average Recorded Investment, With no related allowance recorded		54
Agricultural
Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, With no related allowance recorded	64	408
Recorded Investment [Abstract]
Recorded Investment, With no related allowance recorded	64	408
Average Recorded Investment [Abstract]
Average Recorded Investment, With no related allowance recorded	$ 175	456
Average Recorded Investment, With related allowance recorded		$ 52

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER DEBT - Narrative (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Line of Credit Facility [Line Items]
Securities sold under agreements to repurchase	$ 11,363,000	$ 12,228,000
Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of credit facility, current borrowing capacity	25,000,000
Long-term line of credit	$ 0

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, 2019	Dec. 31, 2018
Federal Home Loan Bank, Advances, Fiscal Year Maturity [Abstract]
Federal Home Loan Bank advances	$ 60,623	$ 115,136
Fixed-rate Advances, With Monthly Interest Payments
Federal Home Loan Bank, Advances, Maturities Summary, Average Interest Rate of Amounts Due [Abstract]
2019 (percent)	1.83%
2020 (percent)	2.09%
2021 (percent)	1.87%
2022 (percent)	1.99%
Thereafter	1.76%
Federal Home Loan Bank, Advances, Fiscal Year Maturity [Abstract]
2019	$ 45,000
2020	6,500
2021	1,500
2022	1,500
Thereafter	6,000
Federal Home Loan Bank advances	$ 60,500
Fixed-rate Advances, With Monthly Principal and Interest Payments
Federal Home Loan Bank, Advances, Maturities Summary, Average Interest Rate of Amounts Due [Abstract]
2021 (percent)	1.38%
Federal Home Loan Bank, Advances, Fiscal Year Maturity [Abstract]
2021	$ 123
Federal Home Loan Bank advances	$ 60,623

SUBORDINATED DEBENTURES - Sched

SUBORDINATED DEBENTURES - Schedule of Subordinated Debentures (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Subordinated debentures	$ 11,310	$ 12,810
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	$ 1,000	$ 2,500

SUBORDINATED DEBENTURES - Narra

SUBORDINATED DEBENTURES - Narrative (Details) - USD ($)	1 Months Ended					9 Months Ended
	Jul. 31, 2019	Jan. 31, 2019	Jul. 31, 2018	Jul. 31, 2017	May 31, 2017	Sep. 30, 2019	Dec. 31, 2015	Jul. 31, 2015
Debt Instrument [Line Items]
Liquidation value per share						$ 1,000
Debentures mature date						30 years
Subordinated debentures | Trust II Debentures
Debt Instrument [Line Items]
Debenture issued						$ 3,093,000
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						$ 2,062,000
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						$ 5,155,000
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 July 2015
Debt Instrument [Line Items]
Debenture issued								$ 4,000,000
Debentures that matured and were paid off	$ 1,000,000		$ 1,000,000
Repayments of related party debt					$ 3,000,000
Subordinated debentures | Other Debentures Issued in July 2015 | Directors and Related Parties
Debt Instrument [Line Items]
Debenture issued								$ 3,000,000
Subordinated debentures | Other Subordinated Debentures Issued in July 2015, 2.50%, Maturing July 1, 2017
Debt Instrument [Line Items]
Stated interest rate				2.50%
Debentures that matured and were paid off				$ 500,000
Subordinated debentures | Other Subordinated Debentures Issued in July 2015, 4.00%, Maturing January 1, 2019
Debt Instrument [Line Items]
Stated interest rate		4.00%
Debentures that matured and were paid off		$ 500,000
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						$ 1,000,000	$ 5,000,000
Repayments of related party debt					$ 2,000,000
Debenture issued, par value per instrument issued						$ 500,000
Debt instrument maturity start date						Jan. 1, 2020
Debt instrument maturity end date						Jul. 1, 2020
Subordinated debentures | Other Debentures Issued in December 2015 | Directors and Related Parties
Debt Instrument [Line Items]
Debenture issued							$ 2,500,000
Subordinated debentures | Other Debentures Issued in December 2015 | Minimum
Debt Instrument [Line Items]
Stated interest rate						4.50%
Subordinated debentures | Other Debentures Issued in December 2015 | Maximum
Debt Instrument [Line Items]
Stated interest rate						5.00%

SUBORDINATED DEBENTURES - Sch_2

SUBORDINATED DEBENTURES - Schedule of Trusts (Details) $ in Thousands	Sep. 30, 2019USD ($)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, 2019USD ($)
Trust II Debentures
Debt Instrument [Line Items]
Original amount	$ 3,093
Maturity date	Oct. 30, 2032
Original amount	Quarterly
Trust III Debentures
Debt Instrument [Line Items]
Original amount	$ 2,062
Maturity date	Oct. 1, 2036
Original amount	Quarterly
DCB Trust I Debentures
Debt Instrument [Line Items]
Original amount	$ 5,155
Maturity date	Jun. 15, 2037
Original amount	Quarterly

STOCK OPTIONS - Narrative (Deta

STOCK OPTIONS - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, nonvested options	$ 2,255
Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, nonvested options, period for recognition	3 years 5 months 23 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)	1,000,000
2015 Equity Incentive Plan | Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual term	10 years
Share-based compensation expense	$ 493	$ 378
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

STOCK OPTIONS - Schedule of Opt

STOCK OPTIONS - Schedule of Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017
Number of Shares
Outstanding at beginning of year (in shares)	537,872	469,044	469,044
Granted (in shares)	35,000	90,000
Exercised (in shares)	(22,172)	(6,000)
Forfeited (in shares)	(26,400)	(11,800)
Balance (in shares)	524,300	541,244	537,872	469,044
Exercisable
Outstanding (in shares)	235,680	171,184
Weighted-average exercise price (in USD per share)	$ 25.22	$ 24.29
Weighted-average remaining contractual life in years	5 years 5 months 1 day	5 years 9 months 21 days
Aggregate intrinsic value	$ 1,307	$ 1,024
Weighted-Average Exercise Price
Outstanding at beginning of year (in USD per share)	$ 26.49	$ 25.11	$ 25.11
Granted (in USD per share)	29.85	32.59
Exercised (in USD per share)	24.93	23.33
Forfeited (in USD per share)	29.53	23.41
Balance (in USD per share)	$ 26.63	$ 26.41	$ 26.49	$ 25.11
Weighted-Average Remaining Contractual Life in Years
Outstanding	6 years 4 months 17 days	7 years 1 month 13 days	6 years 11 months 15 days	7 years 3 months 25 days
Granted	9 years 7 months 9 days	9 years 8 months 19 days
Exercised	5 years 3 months 14 days	5 years 11 months 23 days
Forfeited	8 years 2 months 12 days	5 years 8 months 26 days
Aggregate Intrinsic Value
Outstanding	$ 2,088	$ 2,623	$ 2,623
Granted	26	0
Exercised	125	41
Forfeited	46	81
Outstanding	$ 2,255	$ 2,320	$ 2,088	$ 2,623

STOCK OPTIONS - Schedule of Non

STOCK OPTIONS - Schedule of Nonvested Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017
Number of Shares
Outstanding at beginning of year (in shares)	331,560	334,400	334,400
Granted (in shares)	35,000	90,000
Vested (in shares)	(54,340)	(44,940)
Forfeited (in shares)	(23,600)	(9,400)
Balance (in shares)	288,620	370,060	331,560	334,400
Weighted-Average Exercise Price
Outstanding at beginning of year (in USD per share)	$ 27.74	$ 25.72	$ 25.72
Granted (in USD per share)	29.85	32.59
Vested (in USD per share)	28.10	26.19
Forfeited (in USD per share)	33.03	29.38
Balance (in USD per share)	$ 27.78	$ 27.39	$ 27.74	$ 25.72
Weighted-Average Remaining Contractual Life in Years
Outstanding	7 years 1 month 28 days	7 years 8 months 19 days	7 years 9 months 7 days	7 years 10 months 28 days
Granted	9 years 7 months 9 days	9 years 8 months 19 days
Vested	7 years 5 months 23 days	8 years 14 days
Forfeited	9 years 2 months 4 days	7 years 2 months 12 days
Aggregate Intrinsic Value
Outstanding	$ 975	$ 1,673	$ 1,673
Granted	26	0
Vested	172	199
Forfeited	46	81
Outstanding	$ 949	$ 1,297	$ 975	$ 1,673

STOCK OPTIONS - Summary of Rest

STOCK OPTIONS - Summary of Restricted Stock Awards and Units Activity (Details) - Restricted Stock Awards And Units [Member] - $ / shares	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Number of Shares
Outstanding at beginning of year (in shares)	2,398	2,398
Granted (in shares)	30,500	0
Exercised (in shares)	(1,439)	0
Forfeited (in shares)	0	0
Balance (in shares)	31,459	2,398
Outstanding (in shares)	0	959
Outstanding at beginning of year	$ 31.57	$ 31.57
Granted	30.25	0
Exercised	31.57	0
Forfeited	0	0
Balance	29.33	31.57
Exercisable at end of period	$ 0	$ 0

STOCK OPTIONS - Summary of Nonv

STOCK OPTIONS - Summary of Nonvested Restricted Stock Awards and Units Activity (Details) - Restricted Stock Awards And Units [Member] - $ / shares	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Number of Shares
Outstanding at beginning of year (in shares)	1,439	2,398
Granted (in shares)	30,500	0
Vested (in shares)	(480)	(959)
Forfeited (in shares)	0	0
Balance (in shares)	31,459	1,439
Outstanding at beginning of year	$ 31.57	$ 31.57
Granted	30.25	0
Vested	31.57	31.57
Forfeited	0	0
Balance	$ 29.33	$ 31.57

STOCK OPTIONS - Information Rel

STOCK OPTIONS - Information Related to Plan (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Intrinsic value of options exercised	$ 125	$ 41
Cash received from options exercised	$ 553	$ 140
Weighted average fair value of options granted (in USD per share)	$ 16.75	$ 5.62

EMPLOYEE BENEFITS - Narrative (

EMPLOYEE BENEFITS - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
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	$ 973	$ 856
Employee stock ownership plan, shares held under plan (in shares)	1,262,078		1,333,496
Employee stock ownership plan, unallocated shares (in shares)	0		0
Cash surrender value of life insurance	$ 34,280		$ 26,301
Bonus expense	2,304	2,170	2,943
Executive Incentive Retirement Plan | Postretirement Life Insurance | Nonqualified Plan | Unfunded Plan
Defined Benefit Plan Disclosure [Line Items]
Cash surrender value of life insurance	34,280		26,301
Plan cost	504	$ 419	502
Plan obligation	$ 4,023		$ 3,667

LEASES - Additional Information

LEASES - Additional Information (Details)	9 Months Ended
	Sep. 30, 2019USD ($)
Operating leases, remaining lease term	10 years
Operating leases, option to extend	5 years
Operating lease right-of-use assets	$ 11,360,000
Operating lease right-of-use liabilities	11,400,000
Additional operating leases commenced	0
Occupancy Expenses [Member]
Operating leases, rental expense	$ 1,306,000
Minimum
Operating leases, remaining lease term	1 year
Maximum
Operating leases, remaining lease term	15 years

LEASES - Schedule of Summarizes

LEASES - Schedule of Summarizes Other Information Related to Operating Leases (Details) $ in Thousands	Sep. 30, 2019USD ($)
Operating leases
Operating lease right-of-use assets	$ 11,360
Operating lease liabilities	$ 11,433
Weighted average remaining lease term
Operating leases, remaining lease term	10 years
Weighted average discount rate
Operating leases	2.74%

LEASES - Schedule of Minimum Fu

LEASES - Schedule of Minimum Future Lease Payments Under Non-Cancelable Operating Leases (Details) $ in Thousands	Sep. 30, 2019USD ($)
Leases [Abstract]
2019	$ 444
2020	1,536
2021	1,340
2022	1,229
2023	1,219
Thereafter	7,340
Total lease payments	13,108
Less: interest	(1,675)
Operating lease liability	$ 11,433

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, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income tax provision	$ 1,634	$ 1,160	$ 4,205	$ 3,126
Effective tax rate	17.83%	18.56%	18.19%	18.16%

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
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		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Derivative [Line Items]
Ineffectiveness included in net income			$ 0
Interest expense	$ 5,770,000	$ 5,446,000	18,337,000	$ 13,679,000
Unrealized loss to be reclassified as a reduction of interest expense			0
Designated as Hedging Instrument | Cash Flow Hedging | Interest Rate Swap
Derivative [Line Items]
Notional amount	$ 5,000,000		5,000,000		$ 5,000,000
Interest expense			$ 495,000	$ 516,000	$ 687,000

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Interest Rate Swaps (Details) - Designated as Hedging Instrument - Cash Flow Hedging - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Interest Rate Swap, 3 month LIBOR plus 1.67%
Derivative [Line Items]
Notional Amount	$ 2,000,000	$ 2,000,000
Pay Rate	5.979%	5.979%
Effective Date	Oct. 1, 2016	Oct. 1, 2016
Maturity in Years	6 years 6 months	7 years 3 months
Unrealized Losses	$ 356,000	$ 220,000
Interest Rate Swap, 3 month LIBOR plus 1.67% | LIBOR
Derivative [Line Items]
Receive Rate	1.67%	1.67%
Interest Rate Swap, 3 month LIBOR plus 3.35%
Derivative [Line Items]
Notional Amount	$ 3,000,000	$ 3,000,000
Pay Rate	7.505%	7.505%
Effective Date	Oct. 30, 2012	Oct. 30, 2012
Maturity in Years	3 years 29 days	3 years 9 months 29 days
Unrealized Losses	$ 240,000	$ 173,000
Interest Rate Swap, 3 month LIBOR plus 3.35% | LIBOR
Derivative [Line Items]
Receive Rate	3.35%	3.35%

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Other Commitments [Line Items]
FHLB letters of credit	$ 2,000,000
Letters of credit
Other Commitments [Line Items]
Potential guarantee obligation	$ 0	$ 0

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Schedule of Commitments and Letters of Credit (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Commitments to extend credit
Other Commitments [Line Items]
Off-balance sheet liability	$ 381,699	$ 342,523
Letters of credit
Other Commitments [Line Items]
Off-balance sheet liability	$ 9,069	$ 11,675

REGULATORY MATTERS - Narrative

REGULATORY MATTERS - Narrative (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Common equity tier 1 capital to risk-weighted assets:
Capital conservation buffer percentage, increase		0.625%	0.625%	0.625%
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
Minimum
Common equity tier 1 capital to risk-weighted assets:
Capital conservation buffer percentage					0.625%
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) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Total capital to risk-weighted assets:
Actual, Amount	$ 248,009	$ 241,791
Actual, Ratio	13.22%	13.25%
Minimum Required for Capital Adequacy Purposes, Amount	$ 150,082	$ 146,020
Minimum Required for Capital Adequacy Purposes, Ratio	8.00%	8.00%
Minimum Required Under Basel III Fully Phased-In, Amount	$ 196,983	$ 191,651
Minimum Required Under Basel III Fully Phased-In, Ratio	10.50%	10.50%
Tier 1 capital to risk-weighted assets:
Actual, Amount	$ 231,615	$ 227,140
Actual, Ratio	12.35%	12.44%
Minimum Required for Capital Adequacy Purposes, Amount	$ 112,562	$ 109,515
Minimum Required for Capital Adequacy Purposes, Ratio	6.00%	6.00%
Minimum Required Under Basel III Fully Phased-In, Amount	$ 159,462	$ 155,146
Minimum Required Under Basel III Fully Phased-In, Ratio	8.50%	8.50%
Tier 1 capital to average assets:
Actual, Amount	$ 231,615	$ 227,140
Actual, Ratio	10.16%	10.16%
Minimum Required for Capital Adequacy Purposes, Amount	$ 91,205	$ 89,422
Minimum Required for Capital Adequacy Purposes, Ratio	4.00%	4.00%
Minimum Required Under Basel III Fully Phased-In, Amount	$ 91,205	$ 89,422
Minimum Required Under Basel III Fully Phased-In, Ratio	4.00%	4.00%
Common equity tier 1 capital to risk-weighted assets:
Actual, Amount	$ 221,305	$ 216,830
Actual, Ratio	11.80%	11.88%
Minimum Required for Capital Adequacy Purposes, Amount	$ 84,421	$ 82,136
Minimum Required for Capital Adequacy Purposes, Ratio	4.50%	4.50%
Minimum Required Under Basel III Fully Phased-In, Amount	$ 131,322	$ 127,768
Minimum Required Under Basel III Fully Phased-In, Ratio	7.00%	7.00%
Bank
Total capital to risk-weighted assets:
Actual, Amount	$ 246,851	$ 242,142
Actual, Ratio	12.89%	13.27%
Minimum Required for Capital Adequacy Purposes, Amount	$ 153,230	$ 146,015
Minimum Required for Capital Adequacy Purposes, Ratio	8.00%	8.00%
Minimum Required Under Basel III Fully Phased-In, Amount	$ 201,114	$ 191,645
Minimum Required Under Basel III Fully Phased-In, Ratio	10.50%	10.50%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 191,537	$ 182,519
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier 1 capital to risk-weighted assets:
Actual, Amount	$ 230,457	$ 227,491
Actual, Ratio	12.03%	12.46%
Minimum Required for Capital Adequacy Purposes, Amount	$ 114,922	$ 109,511
Minimum Required for Capital Adequacy Purposes, Ratio	6.00%	6.00%
Minimum Required Under Basel III Fully Phased-In, Amount	$ 162,807	$ 155,141
Minimum Required Under Basel III Fully Phased-In, Ratio	8.50%	8.50%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 153,230	$ 146,015
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
Tier 1 capital to average assets:
Actual, Amount	$ 230,457	$ 227,491
Actual, Ratio	10.04%	10.18%
Minimum Required for Capital Adequacy Purposes, Amount	$ 91,784	$ 89,414
Minimum Required for Capital Adequacy Purposes, Ratio	4.00%	4.00%
Minimum Required Under Basel III Fully Phased-In, Amount	$ 91,784	$ 89,414
Minimum Required Under Basel III Fully Phased-In, Ratio	4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 114,730	$ 111,768
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5.00%	5.00%
Common equity tier 1 capital to risk-weighted assets:
Actual, Amount	$ 230,457	$ 227,491
Actual, Ratio	12.03%	12.46%
Minimum Required for Capital Adequacy Purposes, Amount	$ 86,192	$ 82,134
Minimum Required for Capital Adequacy Purposes, Ratio	4.50%	4.50%
Minimum Required Under Basel III Fully Phased-In, Amount	$ 134,076	$ 127,763
Minimum Required Under Basel III Fully Phased-In, Ratio	7.00%	7.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 124,499	$ 118,637
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, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 221,345	$ 232,975
Loans held for sale	3,841
Cash surrender value of life insurance	34,280	26,301
SBA servicing assets	706
Derivative instrument assets	596
Derivative instrument liabilities	(596)
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	88,067	89,459
Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	96,786	108,969
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	20,219	18,954
Assets (liabilities) at fair value on a recurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instrument liabilities		(392)
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	88,067	89,459
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	96,786	108,969
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	20,219	18,954
Assets at fair value on a nonrecurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	20,115	10,863
Other real estate owned	551	751
Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	16,273	15,593
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	16,273	15,593
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
SBA servicing assets	0
Derivative instrument assets	0
Derivative instrument liabilities	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Assets (liabilities) at fair value on a recurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instrument liabilities		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 at fair value on a nonrecurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Other real estate owned	0	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	34,280
SBA servicing assets	0
Derivative instrument assets	596
Derivative instrument liabilities	(596)
Significant Other Observable Inputs (Level 2) | Assets (liabilities) at fair value on a recurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instrument liabilities		(392)
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	88,067	89,459
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	96,786	108,969
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	20,219	18,954
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]
Impaired loans	0	0
Other real estate owned	0	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	16,273	15,593
Significant Other Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	3,841
Cash surrender value of life insurance	0
SBA servicing assets	706
Derivative instrument assets	0
Derivative instrument liabilities	0
Significant Other Unobservable Inputs (Level 3) | Assets (liabilities) at fair value on a recurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instrument liabilities		0
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 at fair value on a nonrecurring basis:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	20,115	10,863
Other real estate owned	551	751
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, 2019	Dec. 31, 2018	Sep. 30, 2018
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	$ 137	$ 542	$ 180
Carrying Value | Other real estate owned remeasured subsequent to initial recognition
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0	599	599
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	(9)	(25)	(23)
Charge-offs | Other real estate owned remeasured subsequent to initial recognition
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0	(56)	(56)
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	128	517	157
Fair Value | Other real estate owned remeasured subsequent to initial recognition
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	$ 0	$ 543	$ 543

FAIR VALUE - Schedule of Quanti

FAIR VALUE - Schedule of Quantitative Information About Nonrecurring Level 3 Fair Value Measurements (Details) $ in Thousands	Sep. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Assets at fair value on a nonrecurring basis:
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	$ 20,115	$ 10,863
Other real estate owned	551	751
Assets at fair value on a nonrecurring basis: | Significant Other Unobservable Inputs (Level 3)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	20,115	10,863
Other real estate owned	551	751
Cost to Sell | Impaired loans | Fair value of collateral- sales comparison approach | Assets at fair value on a nonrecurring basis: | Significant Other Unobservable Inputs (Level 3)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	20,115	10,863
Cost to Sell | Other real estate owned | Appraisal value of collateral | 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	$ 551	$ 751
Minimum | Cost to Sell | Other real estate owned | Appraisal value of collateral
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned, input (percent)	0.10	0.10
Minimum | Cost to Sell | Real Estate | Impaired loans | Fair value of collateral- sales comparison approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, input (percent)	0.10	0.10
Minimum | Cost to Sell | Equipment | Impaired loans | Fair value of collateral- sales comparison approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, input (percent)	0.10	0.10
Maximum | Cost to Sell | Other real estate owned | Appraisal value of collateral
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned, input (percent)	0.20	0.20
Maximum | Cost to Sell | Real Estate | Impaired loans | Fair value of collateral- sales comparison approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, input (percent)	0.20	0.20
Maximum | Cost to Sell | Equipment | Impaired loans | Fair value of collateral- sales comparison approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, input (percent)	0.20	0.20
Weighted Average | Cost to Sell | Other real estate owned | Appraisal value of collateral
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned, input (percent)	0.16	0.16
Weighted Average | Cost to Sell | Real Estate | Impaired loans | Fair value of collateral- sales comparison approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, input (percent)	0.16	0.16
Weighted Average | Cost to Sell | Equipment | Impaired loans | Fair value of collateral- sales comparison approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, input (percent)	0.12	0.19

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, 2019	Dec. 31, 2018
Financial assets:
Marketable securities held to maturity	$ 162,165	$ 162,800
Reported Value Measurement
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	58,648	71,510
Marketable securities held to maturity	156,925	163,164
Loans, net	1,720,595	1,645,444
Accrued interest receivable	7,825	9,292
Nonmarketable equity securities	11,644	14,937
Cash surrender value of life insurance	34,280	26,301
Financial liabilities:
Deposits	1,963,313	1,871,480
Securities sold under repurchase agreements	11,363	12,228
Accrued interest payable	1,719	1,651
Federal Home Loan Bank advances	60,623	115,136
Subordinated debentures	11,310	12,810
Fair Value
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	58,648	71,510
Marketable securities held to maturity	162,165	162,800
Loans, net	1,719,467	1,630,600
Accrued interest receivable	7,825	9,292
Nonmarketable equity securities	11,644	14,937
Cash surrender value of life insurance	34,280	26,301
Financial liabilities:
Deposits	1,966,565	1,870,632
Securities sold under repurchase agreements	11,363	12,228
Accrued interest payable	1,719	1,651
Federal Home Loan Bank advances	60,634	114,934
Subordinated debentures	9,153	10,724
Fair Value | Level 1 Inputs
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	58,648	71,510
Marketable securities held to maturity	0	0
Loans, net	0	0
Accrued interest receivable	0	0
Nonmarketable equity securities	0	0
Cash surrender value of life insurance	0	0
Financial liabilities:
Deposits	1,432,490	1,435,985
Securities sold under repurchase agreements	0	0
Accrued interest payable	0	0
Federal Home Loan Bank advances	0	0
Subordinated debentures	0	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	162,165	162,800
Loans, net	0	0
Accrued interest receivable	7,825	9,292
Nonmarketable equity securities	11,644	14,937
Cash surrender value of life insurance	34,280	26,301
Financial liabilities:
Deposits	534,075	434,647
Securities sold under repurchase agreements	11,363	12,228
Accrued interest payable	1,719	1,651
Federal Home Loan Bank advances	60,634	114,934
Subordinated debentures	9,153	10,724
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	0
Loans, net	1,719,467	1,630,600
Accrued interest receivable	0	0
Nonmarketable equity securities	0	0
Cash surrender value of life insurance	0	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	$ 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, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Numerator:
Net earnings (basic)	$ 7,530	$ 5,091	$ 18,910	$ 14,084
Net earnings (diluted)	$ 7,530	$ 5,091	$ 18,910	$ 14,084
Denominator:
Weighted-average shares outstanding (basic) (in shares)	11,550,335	11,962,654	11,674,298	11,452,968
Effect of dilutive securities:
Common stock equivalent shares from stock options (in shares)	62,538	70,780	58,844	100,539
Weighted-average shares outstanding (diluted) (in shares)	11,612,873	12,033,434	11,733,142	11,553,507
Net earnings per share
Basic (in USD per share)	$ 0.65	$ 0.43	$ 1.62	$ 1.23
Diluted (in USD per share)	$ 0.65	$ 0.42	$ 1.62	$ 1.22