First Northern Community Bancorp (FNRN) 10-Q 5 Aug 21 2021 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2021	Aug. 02, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Document Transition Report	false
Entity File Number	000-30707
Entity Registrant Name	First Northern Community Bancorp
Entity Central Index Key	0001114927
Entity Incorporation, State or Country Code	CA
Entity Tax Identification Number	68-0450397
Entity Address, Address Line One	195 N. First Street
Entity Address, City or Town	Dixon
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95620
City Area Code	707
Local Phone Number	678-3041
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		13,600,536

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 332,595	$ 267,177
Certificates of deposit	13,003	16,923
Investment securities - available-for-sale	561,559	435,080
Loans, net of allowance for loan losses of $15,379 at June 30, 2021 and $15,416 at December 31, 2020	872,750	875,830
Loans held-for-sale	1,306	9,190
Stock in Federal Home Loan Bank and other equity securities, at cost	7,097	6,480
Premises and equipment, net	6,381	6,513
Interest receivable and other assets	39,885	38,183
Total Assets	1,834,576	1,655,376
Liabilities:
Demand deposits	744,432	645,538
Interest-bearing transaction deposits	418,359	390,126
Savings and MMDA's	446,644	385,908
Time, $250,000 or less	39,360	41,947
Time, over $250,000	14,432	14,643
Total deposits	1,663,227	1,478,162
Federal Home Loan Bank advances	0	5,000
Interest payable and other liabilities	18,875	21,557
Total Liabilities	1,682,102	1,504,719
Commitments and contingencies (Note 7)
Stockholders' Equity:
Common stock, no par value; 16,000,000 shares authorized; 13,600,536 shares issued and outstanding at June 30, 2021 and 13,634,463 shares issued and outstanding at December 31, 2020	107,223	107,527
Additional paid-in capital	977	977
Retained earnings	43,262	37,115
Accumulated other comprehensive income, net	1,012	5,038
Total Stockholders' Equity	152,474	150,657
Total Liabilities and Stockholders' Equity	$ 1,834,576	$ 1,655,376

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Assets
Loans, allowance for loan losses	$ 15,379	$ 15,416
Stockholder's Equity:
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	16,000,000	16,000,000
Common stock, shares issued (in shares)	13,600,536	13,634,463
Common stock, shares outstanding (in shares)	13,600,536	13,634,463

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Interest and dividend income:
Loans	$ 10,474	$ 9,702	$ 19,711	$ 18,937
Due from banks interest bearing accounts	144	159	292	692
Investment securities
Taxable	1,491	1,667	2,977	3,424
Non-taxable	140	124	283	224
Other earning assets	103	83	185	207
Total interest and dividend income	12,352	11,735	23,448	23,484
Interest expense:
Deposits	231	385	455	903
Total interest expense	231	385	455	903
Net interest income	12,121	11,350	22,993	22,581
Provision for loan losses	0	800	300	1,450
Net interest income after provision for loan losses	12,121	10,550	22,693	21,131
Non-interest income:
Service charges on deposit accounts	406	219	766	655
Gains on sales of loans held-for-sale	407	586	1,046	750
Investment and brokerage services income	152	126	296	284
Mortgage brokerage income	14	19	14	54
Loan servicing income	105	5	460	128
Debit card income	672	507	1,271	1,007
(Losses) gains on sales/calls of available-for-sale securities	(191)	4	(201)	42
Other income	219	182	422	377
Total non-interest income	1,784	1,648	4,074	3,297
Non-interest expenses:
Salaries and employee benefits	5,589	5,411	11,228	11,163
Occupancy and equipment	879	892	1,706	1,787
Data processing	927	713	1,718	1,328
Stationery and supplies	76	75	133	154
Advertising	84	103	150	173
Directors' fees	84	77	122	121
Other real estate owned recovery	0	(1)	0	(1)
Other expense	1,717	1,237	2,800	2,352
Total non-interest expenses	9,356	8,507	17,857	17,077
Income before provision for income taxes	4,549	3,691	8,910	7,351
Provision for income taxes	1,243	986	2,426	1,967
Net income	$ 3,306	$ 2,705	$ 6,484	$ 5,384
Basic earnings per common share (in dollars per share)	$ 0.24	$ 0.20	$ 0.48	$ 0.40
Diluted earnings per common share (in dollars per share)	$ 0.24	$ 0.20	$ 0.47	$ 0.40

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) [Abstract]
Net income	$ 3,306	$ 2,705	$ 6,484	$ 5,384
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses) arising during the period, net of tax effect of $5 and $501 for the three months ended June 30, 2021 and June 30, 2020, respectively, and $(1,682) and $2,556 for the six months ended June 30, 2021 and June 30, 2020, respectively	10	1,242	(4,169)	6,338
Less: reclassification adjustment due to losses (gains) realized on sales of securities, net of tax effect of $55 and $(1) for the three months ended June 30, 2021 and June 30, 2020, respectively, and $58 and $(12) for the six months ended June 30, 2021 and June 30, 2020, respectively	136	(3)	143	(30)
Other comprehensive income (loss), net of tax	146	1,239	(4,026)	6,308
Comprehensive income	$ 3,452	$ 3,944	$ 2,458	$ 11,692

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Unrealized holding (losses) gains on securities:
Unrealized holding gains (losses) arising during the period, tax	$ 5	$ 501	$ (1,682)	$ 2,556
Reclassification adjustment due to losses (gains) realized on sales of securities, tax	$ 55	$ (1)	$ 58	$ (12)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2019	$ 100,187	$ 977	$ 31,617	$ 134	$ 132,915
Balance (in shares) at Dec. 31, 2019	12,919,132
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			2,679		2,679
Other comprehensive income (loss), net of taxes				5,069	5,069
Stock dividend adjustment	$ 348		(348)		0
Stock dividend adjustment (in shares)	1,310
Cash in lieu of fractional shares			(8)		(8)
Cash in lieu of fractional shares (in shares)	(166)
Stock-based compensation	$ 134				134
Common shares issued related to restricted stock grants, net of reversals	$ 0				0
Common shares issued related to restricted stock grants, net of reversals (in shares)	38,224
Stock options exercised, net	$ 4				4
Stock options exercised, net (in shares)	10,067
Balance at Mar. 31, 2020	$ 100,673	977	33,940	5,203	140,793
Balance (in shares) at Mar. 31, 2020	12,968,567
Balance at Dec. 31, 2019	$ 100,187	977	31,617	134	132,915
Balance (in shares) at Dec. 31, 2019	12,919,132
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income					5,384
Other comprehensive income (loss), net of taxes					6,308
Balance at Jun. 30, 2020	$ 100,822	977	36,645	6,442	144,886
Balance (in shares) at Jun. 30, 2020	12,968,567
Balance at Mar. 31, 2020	$ 100,673	977	33,940	5,203	140,793
Balance (in shares) at Mar. 31, 2020	12,968,567
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			2,705		2,705
Other comprehensive income (loss), net of taxes				1,239	1,239
Stock-based compensation	$ 149				149
Balance at Jun. 30, 2020	$ 100,822	977	36,645	6,442	144,886
Balance (in shares) at Jun. 30, 2020	12,968,567
Balance at Dec. 31, 2020	$ 107,527	977	37,115	5,038	150,657
Balance (in shares) at Dec. 31, 2020	13,634,463
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			3,178		3,178
Other comprehensive income (loss), net of taxes				(4,172)	(4,172)
Stock dividend adjustment	$ 329		(329)		0
Stock dividend adjustment (in shares)	1,282
Cash in lieu of fractional shares			(8)		(8)
Cash in lieu of fractional shares (in shares)	(168)
Stock-based compensation	$ 144				144
Common shares issued related to restricted stock grants	$ 0				0
Common shares issued related to restricted stock grants (in shares)	38,400
Stock options exercised, net	$ 0				0
Stock options exercised, net (in shares)	6,108
Balance at Mar. 31, 2021	$ 108,000	977	39,956	866	149,799
Balance (in shares) at Mar. 31, 2021	13,680,085
Balance at Dec. 31, 2020	$ 107,527	977	37,115	5,038	150,657
Balance (in shares) at Dec. 31, 2020	13,634,463
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income					6,484
Other comprehensive income (loss), net of taxes					(4,026)
Balance at Jun. 30, 2021	$ 107,223	977	43,262	1,012	152,474
Balance (in shares) at Jun. 30, 2021	13,600,536
Balance at Mar. 31, 2021	$ 108,000	977	39,956	866	149,799
Balance (in shares) at Mar. 31, 2021	13,680,085
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			3,306		3,306
Other comprehensive income (loss), net of taxes				146	146
Stock-based compensation	$ 148				148
Common shares issued related to restricted stock grants	$ 0				0
Common shares issued related to restricted stock grants (in shares)	3,000
Stock repurchase and retirement	$ (925)				(925)
Stock repurchase and retirement (in shares)	(82,549)
Balance at Jun. 30, 2021	$ 107,223	$ 977	$ 43,262	$ 1,012	$ 152,474
Balance (in shares) at Jun. 30, 2021	13,600,536

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Cash Flows From Operating Activities
Net income	$ 3,306	$ 3,178	$ 2,705	$ 2,679	$ 6,484	$ 5,384
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation					377	480
Accretion and amortization of investment securities premiums and discounts, net					1,879	835
Valuation adjustment on mortgage servicing rights					(34)	198
Increase in deferred loan origination fees and costs, net					1,614	5,685
Provision for loan losses	0		800		300	1,450	$ 3,050
Stock-based compensation					292	283
Losses (gains) on sales/calls of available-for-sale securities	191		(4)		201	(42)
Amortization of operating lease right-of-use asset					503	511
Gains on sales of loans held-for-sale	(407)		(586)		(1,046)	(750)
Proceeds from sales of loans held-for-sale					44,091	36,088
Originations of loans held-for-sale					(36,926)	(33,056)
Changes in assets and liabilities:
Increase in interest receivable and other assets					(547)	(1,004)
Decrease in interest payable and other liabilities					(2,682)	(2,297)
Net cash provided by operating activities					14,506	13,765
Cash Flows From Investing Activities
Proceeds from calls or maturities of available-for-sale securities					10,190	21,700
Proceeds from sales of available-for-sale securities					19,447	10,344
Principal repayments on available-for-sale securities					43,134	29,691
Purchase of available-for-sale securities					(206,980)	(46,777)
Net decrease (increase) in certificates of deposit					3,920	(5,638)
Net decrease (increase) in loans					2,931	(218,356)
Net (increase) decrease in stock in Federal Home Loan Bank and other equity securities, at cost					(617)	94
Purchases of premises and equipment					(245)	(779)
Net cash used in investing activities					(128,220)	(209,721)
Cash Flows From Financing Activities
Net increase in deposits					185,065	299,571
Decrease in Federal Home Loan Bank advances					(5,000)
Increase in Federal Home Loan Bank advances						10,000
Cash dividends paid in lieu of fractional shares					(8)	(8)
Stock options exercised					0	4
Repurchases of common stock					(925)	0
Net cash provided by financing activities					179,132	309,567
Net increase in Cash and Cash Equivalents					65,418	113,611
Cash and Cash Equivalents, beginning of period		$ 267,177		$ 111,493	267,177	111,493	111,493
Cash and Cash Equivalents, end of period	$ 332,595		$ 225,104		332,595	225,104	$ 267,177
Cash paid during the period for:
Interest					452	912
Income taxes					2,670	2,450
Supplemental disclosures of non-cash investing and financing activities:
Stock dividend distributed					6,636	7,016
Unrealized holding (losses) gains on available for sale securities, net of taxes					(4,026)	6,308
Transfer of loans held-for-sale to loans held-for-investment					$ 1,765	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2021
BASIS OF PRESENTATION [Abstract]
BASIS OF PRESENTATION	1. BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements of First Northern Community Bancorp (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information and with the instructions to Form 10-Q and Articles 9 and 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. The results of operations for any interim period are not necessarily indicative of results expected for the full year. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 as filed with the Securities and Exchange Commission (“SEC”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements as well as reported amounts of revenue and expense during the reporting period. Actual results could differ from those estimates.

ACCOUNTING POLICIES

ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2021
ACCOUNTING POLICIES [Abstract]
ACCOUNTING POLICIES	2. ACCOUNTING POLICIES The most significant accounting policies followed by the Company are presented in Note 1 to the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. These policies, along with the disclosures presented in the other financial statement notes and in this discussion, provide information on how significant assets and liabilities are valued in the financial statements and how those values are determined. Based on the valuation techniques used and the sensitivity of financial statement amounts to the methods, assumptions, and estimates underlying those amounts, Management has identified the allowance for loan losses accounting to be the accounting area requiring the most subjective or complex judgments, and as such the accounting area that could be most subject to revision as new information becomes available. A discussion of the factors affecting accounting for the allowance for loan losses is included in the “Asset Quality” and “Allowance for Loan Losses” discussions below. Certain amounts in prior periods have been reclassified to conform to the current presentation. Application of these principles requires the Company to make certain estimates, assumptions, and judgments that affect the amounts reported in the financial statements and accompanying notes. These estimates, assumptions, and judgments are based on information available as of the date of the financial statements; accordingly, as this information changes, the financial statements could reflect different estimates, assumptions, and judgments. Certain accounting policies inherently have a greater reliance on the use of estimates, assumptions and judgments and as such have a greater possibility of producing results that could be materially different than originally reported. Estimates, assumptions and judgments are necessary when assets and liabilities are required to be recorded at fair value, when a decline in the value of an asset not carried on the financial statements at fair value warrants an impairment writedown or valuation reserve to be established, or when an asset or liability needs to be recorded contingent upon a future event. Carrying assets and liabilities at fair value inherently results in more financial statement volatility. The fair values and the information used to record valuation adjustments for certain assets and liabilities are based either on quoted market prices or are provided by other third-party sources, when available. Recently Issued Accounting Pronouncements: The Coronavirus Aid, Relief and Economic Security (‘CARES’) Act was passed by Congress and signed into law on March 27, 2020. Section 4013 of the CARES Act provides that a financial institution may elect to not apply GAAP requirements to loan modifications related to the COVID-19 pandemic that would otherwise be categorized as a TDR, and suspends the determination of loan modifications related to the COVID-19 pandemic from being treated as TDR’s. The relief from TDR guidance applies to modifications of loans that were not more than 30 days past due as of December 31, 2019, and modifications that occur beginning on March 1, 2020 until the earlier of: sixty days after the date on which the national emergency related to the COVID-19 outbreak is terminated or December 31, 2020. The suspension of TDR accounting and reporting guidance may not be applied to any adverse impact on the credit of a borrower that is not related to the COVID-19 pandemic. In December 2020, the Consolidated Appropriations Act, 2021 was signed into law. Section 541 of this legislation, “Extension of Temporary Relief From Troubled Debt Restructurings and Insurer Clarification,” extends Section 4013 of the CARES Act to the earlier of January 1, 2022 or 60 days after the termination of the national emergency declared relating to COVID-19. Future TDRs are indeterminable and will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic . On April 3, 2020, the SEC Office of the Chief Accountant issued a public statement communicating that for eligible entities that elect to apply Section 4013 of the CARES Act, the SEC staff would not object that this is in accordance with GAAP for the periods for which such elections are available. In June 2020, the American Institute of Certified Public Accountants published Q&A Section 2130.41 regarding a technical question regarding the recognition of interest income on Section 4013 loans which provided multiple permitted policy elections regarding the recognition of interest on Section 4013 restructured loans. The Bank has continued to actively assist its communities by providing temporary loan relief under Section 4013 of the CARES Act. This relief included loan modifications which include forbearance programs (both full payment deferrals and interest only payments) to customers who have been negatively impacted by the pandemic. For loans that have been provided temporary full payment deferrals, the Bank has made a policy election to cease recognition of interest income during the term of the payment deferrals (generally three In March 2020, the FASB issued ASU 2020-02, Financial Instruments—Credit Losses (Topic 326) and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 119 and Update to SEC Section on Effective Date Related to Accounting Standards Update No. 2016-02, Leases (Topic 842). Leases (Topic 842) Financial Instruments - Credit Losses (Topic 326) hile the Company is currently unable to reasonably estimate the impact of adopting ASU , it expects that the impact of adoption will be significantly influenced by the composition, characteristics and quality of the Company’s loan and securities portfolios as well as the prevailing economic conditions and forecasts as of the adoption date. In March 2020, the FASB issued ASU 2020-03, Codification Improvements to Financial Instruments. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848). In January 2021, the FASB issued ASU 2021-01, Reference Rate Reform (Topic 848): Scope. This ASU clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The ASU also amends the expedients and exceptions in Topic 848 to capture the incremental consequences of the scope clarification and to tailor the existing guidance to derivative instruments affected by the discounting transition. An entity may elect to apply ASU 2021-01 on contract modifications that change the interest rate used for margining, discounting, or contract price alignment retrospectively as of any date from the beginning of the interim period that includes March 12, 2020, or prospectively to new modifications from any date within the interim period that includes or is subsequent to January 7, 2021, up to the date that financial statements are available to be issued. An entity may elect to apply ASU 2021-01 to eligible hedging relationships existing as of the beginning of the interim period that includes March 12, 2020, and to new eligible hedging relationships entered into after the beginning of the interim period that includes March 12, 2020. The Company is in the process of evaluating the provisions of this ASU, but does not expect it to have a material impact on the Company’s consolidated financial statements.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2021
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	3. INVESTMENT SECURITIES The amortized cost, unrealized gains and losses and estimated fair values of investments in debt and other securities at June 30, 2021 are summarized as follows (in thousands) Amortized cost Unrealized gains Unrealized losses Estimated fair value Investment securities available-for-sale: U.S. Treasury Securities $ 74,057 $ 696 $ (152 ) $ 74,601 Securities of U.S. government agencies and corporations 95,718 562 (967 ) 95,313 Obligations of states and political subdivisions 35,693 1,585 (118 ) 37,160 Collateralized mortgage obligations 110,918 1,474 (308 ) 112,084 Mortgage-backed securities 240,724 3,133 (1,456 ) 242,401 Total debt securities $ 557,110 $ 7,450 $ (3,001 ) $ 561,559 The amortized cost, unrealized gains and losses and estimated fair values of investments in debt and other securities at December 31, 2020 are summarized as follows: (in thousands) Amortized cost Unrealized gains Unrealized losses Estimated fair value Investment securities available-for-sale: U.S. Treasury Securities $ 37,910 $ 982 $ (1 ) $ 38,891 Securities of U.S. government agencies and corporations 105,506 1,317 (265 ) 106,558 Obligations of states and political subdivisions 31,013 1,878 (9 ) 32,882 Collateralized mortgage obligations 71,531 1,937 (8 ) 73,460 Mortgage-backed securities 179,021 4,359 (91 ) 183,289 Total debt securities $ 424,981 $ 10,473 $ (374 ) $ 435,080 The Company had $20,244,000 and $12,000,000 in proceeds from sales, calls and maturities of available-for-sale securities for the three-month periods ended June 30, 2021 and 2020, respectively. Gross realized gains on sales/calls of available-for-sale securities were three-month periods ended June 30, 2021 and 2020, respectively. Gross realized losses on sales of available-for-sale securities were for the three-month periods ended June 30, 2021 and 2020, respectively. Gross realized gains on sales/calls of available-for-sale securities were $ and $ for the six-month periods ended June 30, 2021 and 2020, respectively. Gross realized losses on sales of available-for-sale securities were $ and $ for the six-month periods ended June 30, 2021 and 2020, respectively. The amortized cost and estimated market value of debt and other securities at June 30, 2021, by contractual maturity, are shown in the following table (in thousands) Amortized cost Estimated fair value Maturity in years: Due in one year or less $ 16,109 $ 16,274 Due after one year through five years 111,664 112,446 Due after five years through ten years 55,291 55,165 Due after ten years 22,404 23,189 Subtotal 205,468 207,074 MBS & CMO 351,642 354,485 Total $ 557,110 $ 561,559 Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. In addition, factors such as prepayments and interest rates may affect the yield on the carrying value of mortgage-related securities. An analysis of gross unrealized losses of the available-for-sale investment securities portfolio as of June 30, 2021, follows (in thousands) Less than 12 months 12 months or more Total Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses U.S. Treasury Securities $ 38,466 $ (152 ) $ — $ — $ 38,466 $ (152 ) Securities of U.S. government agencies and corporations 64,890 (967 ) — — 64,890 (967 ) Obligations of states and political subdivisions 6,642 (118 ) — — 6,642 (118 ) Collateralized Mortgage obligations 28,160 (308 ) — — 28,160 (308 ) Mortgage-backed securities 133,878 (1,456 ) — — 133,878 (1,456 ) Total $ 272,036 $ (3,001 ) $ — $ — $ 272,036 $ (3,001 ) No decline in value was considered “other-than-temporary” during the first six months of 2021. securities, all considered investment grade, which had an aggregate fair value of $ and a total unrealized loss of $ have been in an unrealized loss position for less than twelve months as of June 30, 2021. securities have been in an unrealized loss position for more than twelve months as of June 30, 2021. The unrealized losses on the Company’s investment securities were caused by market conditions for these types of investments, particularly changes in risk-free interest rates. The Company does not intend to sell the securities and has concluded it is not more likely than not that will be required to sell these securities prior to recovery of their anticipated cost basis. Therefore, the Company does not consider these investments to be other than temporarily impaired as of June 30, 2021. The fair value of investment securities could decline in the future if the general economy deteriorates, inflation increases, credit ratings decline, the issuer’s financial condition deteriorates, or the liquidity for securities declines. As a result, other than temporary impairments may occur in the future. The coronavirus pandemic and the impact of governmental health measures in response thereto may increase the likelihood of such other than temporary impairments. An analysis of gross unrealized losses of the available-for-sale investment securities portfolio as of December 31, 2020, follows: (in thousands) Less than 12 months 12 months or more Total Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses U.S. Treasury Securities $ 4,276 $ (1 ) $ — $ — $ 4,276 $ (1 ) Securities of U.S. government agencies and corporations 58,164 (265 ) — — 58,164 (265 ) Obligations of states and political subdivisions 1,603 (9 ) — — 1,603 (9 ) Collateralized Mortgage obligations 1,697 (8 ) — — 1,697 (8 ) Mortgage-backed securities 30,208 (91 ) — — 30,208 (91 ) Total $ 95,948 $ (374 ) $ — $ — $ 95,948 $ (374 ) Investment securities carried at $38,086,000 and $41,916,000 at June 30, 2021 and December 31, 2020, respectively, were pledged to secure public deposits or for other purposes as required or permitted by law

LOANS

LOANS	6 Months Ended
	Jun. 30, 2021
LOANS [Abstract]
LOANS	4. LOANS The composition of the Company’s loan portfolio, by loan class, as of June 30, 2021 and December 31, 2020 was as follows: ($ in thousands) June 30, 2021 December 31, 2020 Commercial $ 224,897 $ 255,926 Commercial Real Estate 483,005 454,053 Agriculture 86,842 95,048 Residential Mortgage 74,018 64,497 Residential Construction 3,985 4,223 Consumer 18,964 19,467 891,711 893,214 Allowance for loan losses (15,379 ) (15,416 ) Net deferred origination fees and costs (3,582 ) (1,968 ) Loans, net $ 872,750 $ 875,830 The Company manages asset quality and credit risk by maintaining diversification in its loan portfolio and through review processes that include analysis of credit requests and ongoing examination of outstanding loans and delinquencies, with particular attention to portfolio dynamics and loan mix. The Company strives to identify loans experiencing difficulty early enough to correct the problems, to record charge-offs promptly based on realistic assessments of collectability and current collateral values and to maintain an adequate allowance for loan losses at all times. Asset quality reviews of loans and other non-performing assets are administered using credit risk rating standards and criteria similar to those employed by state and federal banking regulatory agencies. Commercial loans, whether secured or unsecured, generally are made to support the short-term operations and other needs of small businesses. These loans are generally secured by the receivables, equipment, and other real property of the business and are susceptible to the related risks described above. Problem commercial loans are generally identified by periodic review of financial information that may include financial statements, tax returns, and payment history of the borrower. Based on this information, the Company may decide to take any of several courses of action, including demand for repayment, requiring the borrower to provide a significant principal payment and/or additional collateral or requiring similar support from guarantors. Notwithstanding, when repayment becomes unlikely based on the borrower’s income and cash flow, repossession or foreclosure of the underlying collateral may become necessary. Collateral values may be determined by appraisals obtained through Bank-approved, licensed appraisers, qualified independent third parties, purchase invoices, or other appropriate documentation. Commercial real estate loans generally fall into two categories, owner-occupied and non-owner occupied. Loans secured by owner-occupied real estate are primarily susceptible to changes in the market conditions of the related business. This may be driven by, among other things, industry changes, geographic business changes, changes in the individual financial capacity of the business owner, general economic conditions, and changes in business cycles. These same risks apply to Commercial loans whether secured by equipment, receivables or other personal property or unsecured. Problem commercial real estate loans are generally identified by periodic review of financial information that may include financial statements, tax returns, payment history of the borrower, and site inspections. Based on this information, the Company may decide to take any of several courses of action, including demand for repayment, requiring the borrower to provide a significant principal payment and/or additional collateral or requiring similar support from guarantors. Notwithstanding, when repayment becomes unlikely based on the borrower’s income and cash flow, repossession or foreclosure of the underlying collateral may become necessary. Losses on loans secured by owner occupied real estate, equipment, or other personal property generally are dictated by the value of underlying collateral at the time of default and liquidation of the collateral. When default is driven by issues related specifically to the business owner, collateral values tend to provide better repayment support and may result in little or no loss. Alternatively, when default is driven by more general economic conditions, underlying collateral generally has devalued more and results in larger losses due to default. Loans secured by non-owner occupied real estate are primarily susceptible to risks associated with swings in occupancy or vacancy and related shifts in lease rates, rental rates or room rates. Most often, these shifts are a result of changes in general economic or market conditions or overbuilding and resulting over-supply of space. Losses are dependent on the value of underlying collateral at the time of default. Values are generally driven by these same factors and influenced by interest rates and required rates of return as well as changes in occupancy costs. Collateral values may be determined by appraisals obtained through Bank-approved, licensed appraisers, qualified independent third parties, sales invoices, or other appropriate means. Agricultural loans, whether secured or unsecured, generally are made to producers and processors of crops and livestock. Repayment is primarily from the sale of an agricultural product or service. Agricultural loans are generally secured by inventory, receivables, equipment, and other real property. Agricultural loans primarily are susceptible to changes in market demand for specific commodities. This may be exacerbated by, among other things, industry changes, changes in the individual financial capacity of the business owner, general economic conditions and changes in business cycles, as well as adverse weather conditions such as drought or floods. Problem agricultural loans are generally identified by periodic review of financial information that may include financial statements, tax returns, crop budgets, payment history, and crop inspections. Based on this information, the Company may decide to take any of several courses of action, including demand for repayment, requiring the borrower to provide a significant principal payment and/or additional collateral or requiring similar support from guarantors. Notwithstanding, when repayment becomes unlikely based on the borrower’s income and cash flow, repossession or foreclosure of the underlying collateral may become necessary. Residential mortgage loans, which are secured by real estate, are primarily susceptible to four risks; non-payment due to diminished or lost income, over-extension of credit, a lack of borrower’s cash flow to sustain payments, and shortfalls in collateral value. In general, non-payment is usually due to loss of employment and follows general economic trends in the economy, particularly the upward movement in the unemployment rate, loss of collateral value, and demand shifts. Construction loans, whether owner-occupied or non-owner occupied residential development loans, are not only susceptible to the related risks described above but the added risks of construction, including cost over-runs, mismanagement of the project, or lack of demand and market changes experienced at time of completion. Losses are primarily related to underlying collateral value and changes therein as described above. Problem construction loans are generally identified by periodic review of financial information that may include financial statements, tax returns and payment history of the borrower. Based on this information, the Company may decide to take any of several courses of action, including demand for repayment, requiring the borrower to provide a significant principal payment and/or additional collateral or requiring similar support from guarantors, or repossession or foreclosure of the underlying collateral. Collateral values may be determined by appraisals obtained through Bank-approved, licensed appraisers, qualified independent third parties, purchase invoices, or other appropriate documentation. Consumer loans, whether unsecured or secured, are primarily susceptible to four risks: non-payment due to diminished or lost income, over-extension of credit, a lack of borrower’s cash flow to sustain payments, and shortfall in collateral value. In general, non-payment is usually due to loss of employment and will follow general economic trends in the economy, particularly the upward movements in the unemployment rate, loss of collateral value, and demand shifts. Collateral values may be determined by appraisals obtained through Bank-approved, licensed appraisers, qualified independent third parties, purchase invoices, or other appropriate documentation. Collateral valuations are obtained at origination of the credit. Once repayment is questionable, and the loan has been deemed classified, collateral valuations are obtained periodically (generally annually but may be more frequent depending on the collateral type). As of June 30, 2021, approximately 25% in principal amount of the Company’s loans were for general commercial uses, including professional, retail and small businesses. Approximately 54% in principal amount of the Company’s loans were secured by commercial real estate, consisting primarily of loans secured by commercial properties and construction and land development loans. Approximately 10% in principal amount of the Company’s loans were for agriculture, approximately 8% in principal amount of the Company’s loans were residential mortgage loans, approximately 1% in principal amount of the Company’s loans were residential construction loans and approximately 2% in principal amount of the Company’s loans were consumer loans. Once a loan becomes delinquent or repayment becomes questionable, a Company collection officer will address collateral shortfalls with the borrower and attempt to obtain additional collateral or a principal payment. If this is not forthcoming and payment of principal and interest in accordance with the contractual terms of the loan agreement becomes unlikely, the Company will consider the loan to be impaired and will estimate its probable loss, using the present value of future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. For collateral dependent loans, the Company will utilize a recent valuation of the underlying collateral less estimated costs of sale, and charge-off the loan down to the estimated net realizable amount. Depending on the length of time until final collection, the Company may periodically revalue the estimated loss and take additional charge-offs or specific reserves as warranted. Revaluations may occur as often as every 3-12 months depending on the underlying collateral and volatility of values. Final charge-offs or recoveries are taken when the collateral is liquidated and the actual loss is confirmed. Unpaid balances on loans after or during collection and liquidation may also be pursued through legal action and attachment of wages or judgment liens on the borrower’s other assets. At June 30, 2021 and December 31, 2020, all loans were pledged under a blanket collateral lien to secure actual or potential borrowings from the Federal Home Loan Bank (“FHLB”). Non-accrual and Past Due Loans The Company’s loans by delinquency and non-accrual status, as of June 30, 2021 and December 31, 2020, were as follows: ($ in thousands) Current & Accruing 30-59 Days Past Due & Accruing 60-89 Days Past Due & Accruing 90 Days or More Past Due & Accruing Nonaccrual Total Loans June 30 2021 Commercial $ 224,869 $ — $ — $ — $ 28 $ 224,897 Commercial Real Estate 476,435 — — — 6,570 483,005 Agriculture 77,696 16 — — 9,130 86,842 Residential Mortgage 73,874 — — — 144 74,018 Residential Construction 3,985 — — — — 3,985 Consumer 18,279 — — — 685 18,964 Total $ 875,138 $ 16 $ — $ — $ 16,557 $ 891,711 December 31, 2020 Commercial $ 255,563 $ — $ — $ — $ 363 $ 255,926 Commercial Real Estate 449,178 — — — 4,875 454,053 Agriculture 85,918 — — — 9,130 95,048 Residential Mortgage 64,344 — — — 153 64,497 Residential Construction 4,223 — — — — 4,223 Consumer 18,777 — — — 690 19,467 Total $ 878,003 $ — $ — $ — $ 15,211 $ 893,214 Non-accrual loans amounted to $16,557,000 at June 30, 2021 and were comprised of one commercial loan totaling $28,000, four commercial real estate loans totaling $6,570,000 , agriculture loans totaling $ Impaired Loans 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 according to the contractual terms of the loan agreement, including scheduled interest payments. Loans to be considered for impairment include non-accrual loans, troubled debt restructurings and loans with a risk rating of 5 (special mention) or worse and an aggregate exposure of $500,000 or more. Once identified, impaired loans are measured individually for impairment using one of three methods: present value of expected cash flows discounted at the loan’s effective interest rate; the loan’s observable market price; or fair value of collateral if the loan is collateral dependent. In general, any portion of the recorded investment in a collateral dependent loan in excess of the fair value of the collateral that can be identified as uncollectible, and is, therefore, deemed a confirmed loss, is promptly charged-off against the allowance for loan losses. Impaired loans, segregated by loan class, as of June 30, 2021 and December 31, 2020 were as follows: ($ in thousands) Unpaid Contractual Principal Balance Recorded Investment with No Allowance Recorded Investment with Allowance Total Recorded Investment Related Allowance June 30 2021 Commercial $ 56 $ 28 $ — $ 28 $ — Commercial Real Estate 7,051 6,570 — 6,570 — Agriculture 9,189 1,365 7,765 9,130 3,990 Residential Mortgage 683 144 525 669 84 Residential Construction 250 — 251 251 4 Consumer 770 685 64 749 3 Total $ 17,999 $ 8,792 $ 8,605 $ 17,397 $ 4,081 December 31, 2020 Commercial $ 1,087 $ 363 $ 661 $ 1,024 $ 11 Commercial Real Estate 5,146 4,875 — 4,875 — Agriculture 9,189 1,365 7,765 9,130 2,093 Residential Mortgage 1,046 153 883 1,036 159 Residential Construction 684 — 652 652 83 Consumer 773 690 64 754 1 Total $ 17,925 $ 7,446 $ 10,025 $ 17,471 $ 2,347 The average recorded investment in impaired loans and the amount of interest income recognized on impaired loans during the three months ended June 30, 2021 and June 30, 2020 was as follows: ($ in thousands) Three Months Ended June 30, 2021 Three Months Ended June 30, 2020 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial $ 156 $ 6 $ 1,468 $ 14 Commercial Real Estate 6,687 — 3,231 — Agriculture 9,130 — 4,572 — Residential Mortgage 846 5 1,071 6 Residential Construction 253 4 676 9 Consumer 750 2 645 1 Total $ 17,822 $ 17 $ 11,663 $ 30 The average recorded investment in impaired loans and the amount of interest income recognized on impaired loans during the six months ended June 30, 2021 and June 30, 2020 was as follows: ($ in thousands) Six Months Ended June 30, 2021 Six Months Ended June 30, 2020 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial $ 445 $ 7 $ 1,529 $ 35 Commercial Real Estate 6,083 — 2,393 4 Agriculture 9,130 — 3,048 — Residential Mortgage 910 13 1,075 15 Residential Construction 386 8 681 18 Consumer 752 3 541 3 Total $ 17,706 $ 31 $ 9,267 $ 75 Troubled Debt Restructurings The Company’s loan portfolio includes certain loans that have been modified in a Troubled Debt Restructuring (“TDR”), which are loans on which concessions in terms have been granted because of the borrowers’ financial difficulties and, as a result, the Company receives less than the current market-based compensation for the loan. These concessions may include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance, or other actions. Certain TDRs are placed on non-accrual status at the time of restructure and may be returned to accruing status after considering the borrower’s sustained repayment performance for a reasonable period, generally . When a loan is modified, it is measured based upon the present value of future cash flows discounted at the contractual interest rate of the original loan agreement, or the fair value of collateral less selling costs if the loan is collateral dependent. If the value of the modified loan is less than the recorded investment in the loan, impairment is recognized through a specific allowance or a charge-off of the loan. The Company had $939,000 and $2,325,000 in TDR loans as of June 30, 2021 and December 31, 2020, respectively. Specific reserves for TDR loans totaled $91,000 and $253,000 as of June 30, 2021 and December 31, 2020, respectively. TDR loans performing in compliance with modified terms totaled $840,000 and $2,260,000 as of June 30, 2021 and December 31, 2020, respectively. There were no commitments to advance additional funds on existing TDR loans as of June 30, 2021 and December 31, 2020. On March 22, 2020, the Federal bank regulatory agencies issued joint guidance advising that the agencies have confirmed with the staff of the Financial Accounting Standards Board that short-term modifications due to COVID-19, made on a good faith basis to borrowers who were current prior to relief, are not TDRs. The CARES Act also provided relief from TDR classification for certain COVID-19 loan modifications. In December 2020, the Consolidated Appropriations Act, 2021 was signed into law. Section 541 of this legislation, “Extension of Temporary Relief From Troubled Debt Restructurings and Insurer Clarification,” extends Section 4013 of the CARES Act to the earlier of January 1, 2022 or 60 days after the termination of the national emergency declared relating to COVID-19. Loans modified as TDRs during the three months ended June 30, 2021 were as follows: ($ in thousands) Three Months Ended June 30, 2021 Number of Contracts Pre-modification outstanding recorded investment Post- modification outstanding recorded investment Consumer 1 $ 99 $ 99 Total 1 $ 99 $ 99 Loans modified as TDRs during the six months ended June 30, 2021 were as follows: ($ in thousands) Six Months Ended June 30, 2021 Number of Contracts Pre-modification outstanding recorded investment Post- modification outstanding recorded investment Consumer 1 $ 99 $ 99 Total 1 $ 99 $ 99 There were loans modified as TDRs during the months ended June . Loan modifications generally involve reductions in the interest rate, payment extensions, forgiveness of principal, or forbearance. loans were modified as a TDR within the previous 12 months that subsequently defaulted during the three and six months ended June 30, 2021 and June 30, 2020. Credit Quality Indicators All loans are rated using the credit risk ratings and criteria adopted by the Company. Risk ratings are adjusted as future circumstances warrant. All credits risk rated 1, 2, 3 or 4 equate to a Pass as indicated by Federal and State bank regulatory agencies; a 5 equates to a Special Mention; a 6 equates to Substandard; a 7 equates to Doubtful; and an 8 equates to a Loss. For the definitions of each risk rating, see Note 4 to our consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2020. The following table presents the risk ratings by loan class as of June 30, 2021 and December 31, 2020: ($ in thousands) Pass Special Mention Substandard Doubtful Loss Total June 30, 2021 Commercial $ 214,546 $ 9,947 $ 404 $ — $ — $ 224,897 Commercial Real Estate 467,965 3,793 11,247 — — 483,005 Agriculture 77,616 96 1,365 7,765 — 86,842 Residential Mortgage 73,696 — 322 — — 74,018 Residential Construction 3,985 — — — — 3,985 Consumer 18,279 — 685 — — 18,964 Total $ 856,087 $ 13,836 $ 14,023 $ 7,765 $ — $ 891,711 December 31, 2020 Commercial $ 244,327 $ 10,731 $ 868 $ — $ — $ 255,926 Commercial Real Estate 431,381 9,255 13,417 — — 454,053 Agriculture 83,493 — 11,555 — — 95,048 Residential Mortgage 64,018 — 479 — — 64,497 Residential Construction 4,223 — — — — 4,223 Consumer 18,697 — 770 — — 19,467 Total $ 846,139 $ 19,986 $ 27,089 $ — $ — $ 893,214 Allowance for Loan Losses The following tables detail activity in the allowance for loan losses by loan class for the and months ended June . Three months ended June 30, 2021 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of March 31, 2021 $ 1,468 $ 7,561 $ 5,171 $ 680 $ 37 $ 186 $ 610 $ 15,713 Provision for loan losses 421 (223 ) 88 (46 ) 18 — (258 ) — Charge-offs (334 ) — — — — (3 ) — (337 ) Recoveries — — — — — 3 — 3 Net charge-offs (334 ) — — — — — — (334 ) Balance as of June 30, 2021 $ 1,555 $ 7,338 $ 5,259 $ 634 $ 55 $ 186 $ 352 $ 15,379 Six months ended June 30, 2021 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of December 31, 2020 $ 2,252 $ 7,915 $ 3,834 $ 635 $ 128 $ 214 $ 438 $ 15,416 Provision for loan losses (358 ) (577 ) 1,425 (1 ) (73 ) (30 ) (86 ) 300 Charge-offs (347 ) — — — — (6 ) — (353 ) Recoveries 8 — — — — 8 — 16 Net charge-offs (339 ) — — — — 2 — (337 ) Balance as of June 30, 2021 $ 1,555 $ 7,338 $ 5,259 $ 634 $ 55 $ 186 $ 352 $ 15,379 The following table details the allowance for loan losses allocated to loans individually and collectively evaluated for impairment by loan class as of ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Period-end amount allocated to: Loans individually evaluated for impairment $ — $ — $ 3,990 $ 84 $ 4 $ 3 $ — $ 4,081 Loans collectively evaluated for impairment 1,555 7,338 1,269 550 51 183 352 11,298 Ending Balance $ 1,555 $ 7,338 $ 5,259 $ 634 $ 55 $ 186 $ 352 $ 15,379 The following table details activity in the allowance for loan losses by loan class for the and six months ended June . Three months ended June 30, 2020 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of March 31, 2020 $ 2,606 $ 7,406 $ 1,788 $ 536 $ 260 $ 251 $ 22 $ 12,869 Provision for loan losses (230 ) 28 (133 ) 4 (15 ) (27 ) 1,173 800 Charge-offs (39 ) — — — — (4 ) — (43 ) Recoveries 1 — — — — 4 — 5 Net charge-offs (38 ) — — — — — — (38 ) Balance as of June 30 2020 $ 2,338 $ 7,434 $ 1,655 $ 540 $ 245 $ 224 $ 1,195 $ 13,631 Six months ended June 30, 2020 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of December 31, 2019 $ 2,354 $ 6,846 $ 2,054 $ 466 $ 201 $ 236 $ 199 $ 12,356 Provision for loan losses 156 588 (399 ) 74 44 (9 ) 996 1,450 Charge-offs (184 ) — — — — (13 ) — (197 ) Recoveries 12 — — — — 10 — 22 Net charge-offs (172 ) — — — — (3 ) — (175 ) Balance as of June 30, 2020 $ 2,338 $ 7,434 $ 1,655 $ 540 $ 245 $ 224 $ 1,195 $ 13,631 The following table details the allowance for loan losses allocated to loans individually and collectively evaluated for impairment by loan class as of . ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Period-end amount allocated to: Loans individually evaluated for impairment $ 19 $ — $ — $ 167 $ 73 $ 1 $ — $ 260 Loans collectively evaluated for impairment 2,319 7,434 1,655 373 172 223 1,195 13,371 Ending Balance $ 2,338 $ 7,434 $ 1,655 $ 540 $ 245 $ 224 $ 1,195 $ 13,631 The following table details activity in the allowance for loan losses and the amount allocated to loans individually and collectively evaluated for impairment as of and for the year ended . Year ended December 31, 2020 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of December 31, 2019 $ 2,354 $ 6,846 $ 2,054 $ 466 $ 201 $ 236 $ 199 $ 12,356 Provision for loan losses (91 ) 1,069 1,780 169 (73 ) (43 ) 239 3,050 Charge-offs (212 ) — — — — (15 ) — (227 ) Recoveries 201 — — — — 36 — 237 Net (charge-offs) recoveries (11 ) — — — — 21 — 10 Ending Balance $ 2,252 $ 7,915 $ 3,834 $ 635 $ 128 $ 214 $ 438 $ 15,416 Period-end amount allocated to: Loans individually evaluated for impairment $ 11 $ — $ 2,093 $ 159 $ 83 $ 1 $ — $ 2,347 Loans collectively evaluated for impairment 2,241 7,915 1,741 476 45 213 438 13,069 Balance as of December 31, 2020 $ 2,252 $ 7,915 $ 3,834 $ 635 $ 128 $ 214 $ 438 $ 15,416 The Company’s investment in loans as of June , and related to each balance in the allowance for loan losses by loan class and disaggregated on the basis of the Company’s impairment methodology was as follows: ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Total June 30, 2021 Loans individually evaluated for impairment $ 28 $ 6,570 $ 9,130 $ 669 $ 251 $ 749 $ 17,397 Loans collectively evaluated for impairment 224,869 476,435 77,712 73,349 3,734 18,215 874,314 Ending Balance $ 224,897 $ 483,005 $ 86,842 $ 74,018 $ 3,985 $ 18,964 $ 891,711 June 30, 2020 Loans individually evaluated for impairment $ 1,473 $ 5,708 $ 9,145 $ 1,067 $ 671 $ 961 $ 19,025 Loans collectively evaluated for impairment 332,845 453,790 87,185 68,620 15,298 22,063 979,801 Ending Balance $ 334,318 $ 459,498 $ 96,330 $ 69,687 $ 15,969 $ 23,024 $ 998,826 December 31, 2020 Loans individually evaluated for impairment $ 1,024 $ 4,875 $ 9,130 $ 1,036 $ 652 $ 754 $ 17,471 Loans collectively evaluated for impairment 254,902 449,178 85,918 63,461 3,571 18,713 875,743 Ending Balance $ 255,926 $ 454,053 $ 95,048 $ 64,497 $ 4,223 $ 19,467 $ 893,214

MORTGAGE OPERATIONS

MORTGAGE OPERATIONS	6 Months Ended
	Jun. 30, 2021
MORTGAGE OPERATIONS [Abstract]
MORTGAGE OPERATIONS	5. MORTGAGE OPERATIONS Transfers and servicing of financial assets and extinguishments of liabilities are accounted for and reported based on consistent application of a financial-components approach that focuses on control. Transfers of financial assets that are sales are distinguished from transfers that are secured borrowings. Retained servicing rights on loans sold are measured by allocating the previous carrying amount of the transferred assets between the loans sold and retained interest, if any, based on their relative fair value at the date of transfer. Fair values are estimated using discounted cash flows based on a current market interest rate. The Company recognizes a gain and a related asset for the fair value of the rights to service loans for others when loans are sold. The Company sold a substantial portion of its portfolio of conforming long-term residential mortgage loans originated during the six months ended for cash proceeds equal to the fair value of the loans. The Company serviced real estate mortgage loans for others totaling at and , respectively. The recorded value of mortgage servicing rights is amortized in proportion to, and over the period of, estimated net servicing revenues. The Company assesses capitalized mortgage servicing rights for impairment based upon the fair value of those rights at each reporting date. For purposes of measuring impairment, the rights are stratified based upon the product type, term and interest rates. Fair value is determined by discounting estimated net future cash flows from mortgage servicing activities using discount rates that approximate current market rates and estimated prepayment rates, among other assumptions. The amount of impairment recognized, if any, is the amount by which the capitalized mortgage servicing rights for a stratum exceeds their fair value. Impairment, if any, is recognized through a valuation allowance for each individual stratum. Changes in the carrying amount of mortgage servicing rights are reported in earnings under other operating income on the condensed consolidated statements of income. Key assumptions used in measuring the fair value of mortgage servicing rights as of June 30, 2021 and December 31, 2020 were as follows: June 30, 2021 December 31, 2020 Constant prepayment rate 17.46 % 20.22 % Discount rate 9.50 % 10.00 % Weighted average life (years) 4.65 3.96 The following table summarizes the Company’s mortgage servicing rights assets as of June 30, 2021 and December 31, 2020. Mortgage servicing rights are included in Interest Receivable and Other Assets on the condensed consolidated balance sheets: (in thousands) December 31, 2020 Additions Reductions June 30, 2021 Mortgage servicing rights $ 1,628 $ 391 $ (229 ) $ 1,790 Valuation allowance (386 ) — 34 (352 ) Mortgage servicing rights, net of valuation allowance $ 1,242 $ 391 $ (195 ) $ 1,438 At June 30, 2021 and December 31, 2020, the estimated fair market value of the Company’s mortgage servicing rights assets was $1,438,000 and $1,242,000, respectively. The changes in fair value of mortgage servicing rights during 2021 was primarily due to changes in prepayment speeds. The Company received contractually specified servicing fees of $129,000 and $131,000 for the three months ended June 30, 2021 and June 30, 2020, respectively. The Company received contractually specified servicing fees of $263,000 and $262,000 for the six months ended June 30, 2021 and June 30, 2020, respectively. Contractually specified servicing fees are included in non-interest income on the condensed consolidated statements of income, net of the amortization of the mortgage servicing rights assets.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2021
FAIR VALUE MEASUREMENTS [Abstract]
FAIR VALUE MEASUREMENTS	6. FAIR VALUE MEASUREMENTS The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. Securities available-for-sale and trading securities are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other assets on a non-recurring basis, such as loans held-for-sale, loans held-for-investment and certain other assets. These non-recurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. Transfers between levels of the fair value hierarchy are recognized on the actual date of the event or circumstances that caused the transfer, which generally corresponds with the Company’s quarterly valuation process. Assets Recorded at Fair Value on a Recurring Basis The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of June 30, 2021 (in thousands) June 30 2021 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) U.S. Treasury securities $ 74,601 $ 74,601 $ — $ — Securities of U.S. government agencies and corporations 95,313 — 95,313 — Obligations of states and political subdivisions 37,160 — 37,160 — Collateralized mortgage obligations 112,084 — 112,084 — Mortgage-backed securities 242,401 — 242,401 — Total investments at fair value $ 561,559 $ 74,601 $ 486,958 $ — There were no transfers of assets measured at fair value on a recurring basis between level 1 and level 2 of the fair value hierarchy. The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of December 31, 2020: (in thousands) December 31, 2020 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) U.S. Treasury securities $ 38,891 $ 38,891 $ — $ — Securities of U.S. government agencies and corporations 106,558 — 106,558 — Obligations of states and political subdivisions 32,882 — 32,882 — Collateralized mortgage obligations 73,460 — 73,460 — Mortgage-backed securities 183,289 — 183,289 — Total investments at fair value $ 435,080 $ 38,891 $ 396,189 $ — Assets Recorded at Fair Value on a Non-Recurring Basis Assets measured at fair value on a non-recurring basis are included in the table below by level within the fair value hierarchy as of June 30, 2021 and December 31, 2020 (in thousands) June 30 , 2021 Carrying Value Level 1 Level 2 Level 3 Impaired loans $ 3,774 $ — $ — $ 3,774 Mortgage servicing rights 1,438 — — 1,438 Total assets at fair value $ 5,212 $ — $ — $ 5,212 (in thousands) December 31, 2020 Carrying Value Level 1 Level 2 Level 3 Impaired loans $ 5,700 $ — $ — $ 5,700 Mortgage servicing rights 1,242 — — 1,242 Total assets at fair value $ 6,942 $ — $ — $ 6,942 There were no liabilities measured at fair value on a recurring or non-recurring basis at June 30, 2021 and December 31, 2020. Key methods and assumptions used in measuring the fair value of mortgage servicing rights as of June 30, 2021 and impaired loans as of December 31, 2020 were as follows Method Assumption Inputs Impaired loans Collateral, market, income, enterprise, liquidation External appraised values, management assumptions regarding market trends or other relevant factors, selling costs generally ranging from 6% to 10%. Mortgage servicing rights Discounted cash flows Present value of expected future cash flows was estimated using a discount rate factor of and as of June 30, 2021 and December 31, 2020, respectively. A constant prepayment rate of and as of June 30, 2021 and December 31, 2020, respectively, was utilized. The following section describes the valuation methodologies used for assets and liabilities recorded at fair value. Investment Securities Available-for-Sale Investment securities available-for-sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, if available. If quoted market prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions, and other factors such as credit loss assumptions. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange, U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include mortgage-backed securities issued by government sponsored entities, municipal bonds and corporate debt securities. Securities classified as Level 3 include asset-backed securities in less liquid markets where valuations include significant unobservable assumptions. Impaired Loans The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, the Company measures impairment. The fair value of impaired loans is estimated using one of several methods, including the present value of expected cash flows discounted at the loan’s effective interest rate, the loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. Those impaired loans not requiring charge-off or specific allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. At June 30, 2021 certain impaired loans were considered Mortgage Servicing Rights Mortgage servicing rights (MSRs) are subject to impairment testing. All mortgage servicing rights are initially measured and recorded at fair value at the time loans are sold. The fair value of MSRs is determined based on the price that would be received to sell the MSRs in an orderly transaction between market participants at the measurement date. Subsequent fair value measurements are determined using a discounted cash flow model. In order to determine the fair value of the mortgage servicing rights, the present value of expected future cash flows is estimated. Assumptions used include market discount rates, anticipated prepayment speeds, delinquency and foreclosure rates, and ancillary fee income. At June 30, 2021, the discount rate and constant prepayment rate used in measuring the fair value of the Company’s mortgage servicing rights was and , respectively. The model used to calculate the fair value of the Company’s mortgage servicing rights is periodically validated. The model assumptions and the mortgage servicing rights fair value estimates are also compared to observable trades of similar portfolios as well as to mortgage servicing rights broker valuations and industry surveys, as available. If the valuation model reflects a value less than the carrying value, mortgage servicing rights are adjusted to fair value through a valuation allowance as determined by the model. As such, the Company classifies mortgage servicing rights subjected to non-recurring fair value adjustments as Level 3. Disclosures about Fair Value of Financial Instruments The estimated fair values of the Company’s financial instruments for the periods ended June 30, 2021 and December 31, 2020 were approximately as (in thousands) June 30, 2021 December 31, 2020 Level Carrying amount Fair value Carrying amount Fair value Financial assets: Cash and cash equivalents 1 $ 332,595 $ 332,595 $ 267,177 $ 267,177 Certificates of deposit 2 13,003 13,367 16,923 17,455 Stock in Federal Home Loan Bank and other equity securities 3 7,097 7,097 6,480 6,480 Loans receivable: Net loans 3 872,750 819,330 875,830 830,448 Loans held-for-sale 2 1,306 1,332 9,190 9,522 Interest receivable 2 4,804 4,804 5,099 5,099 Financial liabilities: Deposits 3 1,663,227 1,642,997 1,478,162 1,457,051 Federal Home Loan Bank advances 2 — — 5,000 4,996 Interest payable 2 62 62 59 59 Limitations Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument and expected exit prices. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Other significant assets and liabilities that are not considered financial assets or liabilities include deferred tax liabilities and premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in many of the estimates.

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	6 Months Ended
	Jun. 30, 2021
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	7. FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit in the form of loans or through standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the balance sheet. The contract amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Bank’s exposure to credit loss in the event of non-performance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual notional amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Financial instruments, whose contract amounts represent credit risk at the indicated periods, were as follows: (in thousands) June 30, 2021 December 31, 2020 Undisbursed loan commitments $ 178,389 $ 189,097 Standby letters of credit 3,122 1,731 Commitments to sell loans 190 1,052 $ 181,701 $ 191,880 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation. Collateral held varies but may include accounts receivable, inventory, property, plant and equipment, and income-producing commercial properties. Standby letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Bank issues both financial and performance standby letters of credit. The financial standby letters of credit are primarily to guarantee payment to third parties. At June 30, 2021 and December 31, 2020, there were at June 30, 2021 and December 31, 2020, respectively. At June 30, 2021, the Bank had experienced Commitments to extend credit and standby letters of credit bear similar credit risk characteristics as outstanding loans. As of June 30, 2021 and December 31, 2020, the Company had The Bank has set aside a reserve for unfunded commitments in the amount of $ and $ at June 30, 2021 and December 31, 2020, respectively, which is recorded in “interest payable and other liabilities” on the Condensed Consolidated Balance Sheets. Mortgage loans sold to investors may be sold with servicing rights retained, for which the Company makes only standard legal representations and warranties as to meeting certain underwriting and collateral documentation standards. In the past two years, the Company has not had to repurchase any loans due to deficiencies in underwriting or loan documentation. Management believes that any liabilities that may result from such recourse provisions are not significant.

STOCK PLANS

STOCK PLANS	6 Months Ended
	Jun. 30, 2021
STOCK PLANS [Abstract]
STOCK PLANS	8. STOCK PLANS On January 27, 2021, the Board of Directors of the Company declared a 5% stock dividend payable as of March 25, 2021 to shareholders of record as of February 26, 2021. All stock options and restricted stock outstanding have been adjusted to give retroactive effect to stock dividends. The following table presents the activity related to stock options for the three months ended June 30, 2021. Number of Shares Weighted Average Exercise Price Aggregate Intrinsic Value Weighted Average Remaining Contractual Term (in years) Options outstanding at Beginning of Period 597,947 $ 9.01 Granted — — Expired — — Cancelled / Forfeited — — Exercised — — Options outstanding at End of Period 597,947 $ 9.01 $ 1,342,898 6.33 Exercisable (vested) at End of Period 394,704 $ 8.21 $ 1,200,243 5.36 The following table presents the activity related to stock options for the six months ended June 30, 2021. Number of Shares Weighted Average Exercise Price Aggregate Intrinsic Value Weighted Average Remaining Contractual Term (in years) Options outstanding at Beginning of Period 607,631 $ 8.91 Granted — $ — Expired — $ — Cancelled / Forfeited — — Exercised (9,684 ) 3.31 Options outstanding at End of Period 597,947 $ 9.01 $ 1,342,898 6.33 Exercisable (vested) at End of Period 394,704 $ 8.21 $ 1,200,243 5.36 The intrinsic value of options exercised was $63,000 and $96,000 during the six months ended June 30, 2021 and June 30, 2020, respectively. The fair value of awards vested was $182,000 and $149,000 during the six months ended June 30, 2021 and June 30, 2020, respectively. As of June 30, 2021, there was $246,000 of total unrecognized compensation cost related to non-vested stock options. This cost is expected to be recognized over a weighted average period of approximately 2.08 years. There was $35,000 and $75,000 of recognized compensation cost related to stock options granted for the three and six months ended June 30, 2021, respectively. The following table presents the activity related to non-vested restricted stock for the three months ended June 30,2021. Number of Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Weighted Average Remaining Contractual Term (in years) Non-vested Restricted stock outstanding at Beginning of Period 160,147 $ 10.46 _ _ Granted 3,000 11.45 Cancelled / Forfeited — — Exercised/Released/Vested (1,708) 10.59 Non-vested restricted stock outstanding at End of Period 161,439 $ 10.47 $ 1,816,189 2.78 The following table presents the activity related to non-vested restricted stock for the six months ended June 30, 2021. Number of Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Weighted Average Remaining Contractual Term (in years) Non-vested Restricted stock outstanding at Beginning of Period 148,699 $ 10.31 _ _ _ _ Granted 43,320 10.50 Cancelled / Forfeited — — Exercised/Released/Vested (30,580) 9.70 Non-vested restricted stock outstanding at End of Period 161,439 $ 10.47 $ 1,816,189 2.78 The weighted average fair value of restricted stock granted during the six months ended June 30, 2021 was $10.50 per share. As of June 30, 2021, there was $955,000 of total unrecognized compensation cost related to non-vested restricted stock. This cost is expected to be recognized over a weighted average period of approximately 2.78 years. There was $105,000 and $201,000 of recognized compensation cost related to restricted stock awards for the three and six months ended June 30, 2021, respectively. The Company has an Employee Stock Purchase Plan (“ESPP”). There are 325,543 shares authorized for issuance under the ESPP. The total number of shares authorized has been adjusted to give retroactive effect to stock dividends and stock splits, including the 5% stock dividend declared on January 27, 2021, payable March 25, 2021 to shareholders of record as of February 26, 2021. The ESPP will expire on March 16, 2026. The ESPP is implemented by participation periods of not more than twenty-seven months each. The Board of Directors determines the commencement date and duration of each participation period. The Board of Directors approved the current participation period of November 24, 2020 to November 23, 2021. An eligible employee is one who has been continually employed for at least 90 days prior to commencement of a participation period. Under the terms of the ESPP, employees can choose to have up to 10 percent of their compensation withheld to purchase the Company’s common stock each participation period. The purchase price of the stock is 85 percent of the lower of the fair value on the last trading day before the date of participation or the fair value on the last trading day during the participation period. As of June 30, 2021, there was $16,000 of unrecognized compensation cost related to ESPP issuances. This cost is expected to be recognized over a weighted average period of approximately 0.50 years. There was $8,000 and $16,000 of recognized compensation cost related to ESPP issuances for the three and six months ended June 30, 2021, respectively. The weighted average fair value option at issuance date during the six months ended June 30, 2021 was $2.38 per share. A summary of the weighted average assumptions used in valuing ESPP issuances during the three and six months ended June 30, 2021 is presented below. Three Months Ended June 30, 2021 Six Months Ended June 30, 2021 Risk Free Interest Rate 0.10 % 0.10 % Expected Dividend Yield 0.00 % 0.00 % Expected Life in Years 1.00 1.00 Expected Price Volatility 25.30 % 25.30 %

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	6 Months Ended
	Jun. 30, 2021
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table details activity in accumulated other comprehensive income (loss) for the three months ended June 30, 2021. (in thousands) Unrealized Gains on Securities Officers’ retirement plan Directors’ retirement plan Accumulated Other Comprehensive Income Balance as of March 31, 2021 $ 3,024 $ (2,105 ) $ (53 ) $ 866 Current period other comprehensive income 146 — — 146 Balance as of June 30 2021 $ 3,170 $ (2,105 ) $ (53 ) $ 1,012 The following table details activity in accumulated other comprehensive income (loss) for the six months ended June 30, 2021. (in thousands) Unrealized Gains on Securities Officers’ retirement plan Directors’ retirement plan Accumulated Other Comprehensive Income Balance as of December 31, 2020 $ 7,196 $ (2,105 ) $ (53 ) $ 5,038 Current period other comprehensive loss (4,026 ) — — (4,026 ) Balance as of June 30, 2021 $ 3,170 $ (2,105 ) $ (53 ) $ 1,012 The following table details activity in accumulated other comprehensive income (loss) for the three months ended June 30, 2020. (in thousands) Unrealized Gains on Securities Officers’ retirement plan Directors’ retirement plan Accumulated Other Comprehensive Income Balance as of March 31, 2020 $ 6,630 $ (1,411 ) $ (16 ) $ 5,203 Current period other comprehensive income 1,239 — — 1,239 Balance as of June 30 2020 $ 7,869 $ (1,411 ) $ (16 ) $ 6,442 The following table details activity in accumulated other comprehensive income (loss) for the six months ended June 30, 2020. (in thousands) Unrealized Gains on Securities Officers’ retirement plan Directors’ retirement plan Accumulated Other Comprehensive Income Balance as of December 31, 2019 $ 1,561 $ (1,411 ) $ (16 ) $ 134 Current period other comprehensive income 6,308 — — 6,308 Balance as of June 30, 2020 $ 7,869 $ (1,411 ) $ (16 ) $ 6,442

OUTSTANDING SHARES AND EARNINGS

OUTSTANDING SHARES AND EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2021
OUTSTANDING SHARES AND EARNINGS PER SHARE [Abstract]
OUTSTANDING SHARES AND EARNINGS PER SHARE	10. OUTSTANDING SHARES AND EARNINGS PER SHARE On January 27, 2021, the Board of Directors of the Company declared a 5% stock dividend payable March 25, 2021 to shareholders of record as of February 26, 2021. All income per share amounts have been adjusted to give retroactive effect to stock dividends. Earnings Per Share (EPS) Basic EPS includes no dilution and is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding for the respective period. Diluted EPS is computed by dividing net income available to common shareholders by the weighted average number of shares outstanding plus dilutive shares for the quarter. Diluted shares include all common stock equivalents (“in-the-money” stock options, unvested restricted stock, stock units, warrants and rights, convertible bonds and preferred stock), which reflects the potential dilution of securities that could share in the earnings of the Company. The following table presents a reconciliation of basic and diluted EPS for the three and six months ended June 30, 2021 and 2020 (dollars in thousands except per share amounts): Three months ended June 30, Six months ended June 30, 2021 2020 2021 2020 Basic earnings per share: Net income $ 3,306 $ 2,705 $ 6,484 $ 5,384 Weighted average common shares outstanding 13,520,646 13,471,089 13,507,501 13,454,992 Basic EPS $ 0.24 $ 0.20 $ 0.48 $ 0.40 Diluted earnings per share: Net income $ 3,306 $ 2,705 $ 6,484 $ 5,384 Weighted average common shares outstanding 13,520,646 13,471,089 13,507,501 13,454,992 Effect of dilutive shares 176,796 95,828 164,932 125,634 Adjusted weighted average common shares outstanding 13,697,442 13,566,917 13,672,433 13,580,626 Diluted EPS $ 0.24 $ 0.20 $ 0.47 $ 0.40 Stock options which were not included in the computation of diluted earnings per share because they would have had an anti-dilutive effect amounted to 226,654 shares and 424,475 shares for the three months ended June 30, 2021 and 2020, respectively. Unvested restricted stock which were not included in the computation of diluted earnings per share because they would have had an anti-dilutive effect amounted to 0 shares and 45,239 shares for the three months ended June 30, 2021 and 2020, respectively. Stock options which were not included in the computation of diluted earnings per share because they would have had an anti-dilutive effect amounted to 285,105 shares and 424,475 shares for the six months ended June 30, 2021 and 2020, respectively. Unvested restricted stock which were not included in the computation of diluted earnings per share because they would have had an anti-dilutive effect amounted to 20,049 shares and 44,138 shares for the six months ended June 30, 2021 and 2020, respectively.

LEASES

LEASES	6 Months Ended
	Jun. 30, 2021
LEASES [Abstract]
LEASES	11. LEASES The Company leases ten branch and administrative locations under operating leases expiring on various dates through 2030. Leases with an initial term of 12 months or less are not recorded on the balance sheet and lease expense is recognized on a straight-line basis over the lease term. For lease agreements entered into or reassessed after the adoption of Topic 842, the Company combines lease and nonlease components. The Bank had no financing leases as of June 30, 2021. Most leases include options to renew, with renewal terms that can extend the lease term from 3 to 10 years. The exercise of lease renewal options is at the Company’s sole discretion. Most leases are currently in the extension period. For the remaining leases with options to renew, the Company has not included the extended lease terms in the calculation of lease liabilities as the options are not reasonably certain of being exercised. Certain lease agreements include rental payments that are adjusted periodically for inflation. The Company’s lease agreements do not contain any residual value guarantees or restrictive covenants. The Company uses its FHLB advance fixed rates, which are its incremental borrowing rates for secured borrowings, as the discount rates to calculate lease liabilities. The Company had right-of-use assets totaling $5,410,000 and $5,913,000 as of June 30, 2021 and December 31, 2020, respectively. The Company had lease liabilities totaling as of June 30, 2021 and December 31, 2020, respectively. The Company recognized lease expenses totaling for the three-month periods ended June 30, 2021 and 2020, respectively, and $ and $ for the six-month periods ended June 30, 2021 and 2020, respectively. Lease expense is included in Occupancy and equipment expense on the Condensed Consolidated Statements of Income The table below summarizes the maturity of remaining lease liabilities at June 30, 2021 (in thousands) June 30, 2021 2021 $ 591 2022 1,083 2023 948 2024 840 2025 817 2026 2,192 Total lease payments 6,471 Less: interest (525 ) Present value of lease liabilities $ 5,946 The following table presents supplemental cash flow information related to leases for the three and six months ended June 30, 2021: Three months ended June 30, Six June 30 (in thousands) 2021 2020 2021 2020 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 293 $ 300 $ 583 $ 549 Right-of-use assets obtained in exchange for new operating lease liabilities — 221 — 221 The following table presents the weighted average operating lease term and discount rate as of June 30, 2021 and December 31, 2020: June 30, 2021 December 31, 2020 Weighted-average remaining lease term – operating leases, in years 6.89 7.23 Weighted-average discount rate – operating leases 2.43 % 2.43 %

SHORT-TERM BORROWINGS

SHORT-TERM BORROWINGS	6 Months Ended
	Jun. 30, 2021
SHORT-TERM BORROWINGS [Abstract]
SHORT-TERM BORROWINGS	12. SHORT-TERM BORROWINGS Short-term borrowings totaled $0 and $5,000,000 as of June 30, 2021 and December 31, 2020, respectively. This consisted of an advance with the FHLB through its COVID-19 Relief and Recovery Advances Program. The advance had a interest rate and matured in the second quarter of 2021. The advance was secured under terms of a blanket collateral agreement by a pledge of FHLB stock and certain other qualifying collateral such as commercial and mortgage loans.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2021
BASIS OF PRESENTATION [Abstract]
Basis of Presentation	1. BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements of First Northern Community Bancorp (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information and with the instructions to Form 10-Q and Articles 9 and 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. The results of operations for any interim period are not necessarily indicative of results expected for the full year. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 as filed with the Securities and Exchange Commission (“SEC”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements as well as reported amounts of revenue and expense during the reporting period. Actual results could differ from those estimates.

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2021
ACCOUNTING POLICIES [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements: The Coronavirus Aid, Relief and Economic Security (‘CARES’) Act was passed by Congress and signed into law on March 27, 2020. Section 4013 of the CARES Act provides that a financial institution may elect to not apply GAAP requirements to loan modifications related to the COVID-19 pandemic that would otherwise be categorized as a TDR, and suspends the determination of loan modifications related to the COVID-19 pandemic from being treated as TDR’s. The relief from TDR guidance applies to modifications of loans that were not more than 30 days past due as of December 31, 2019, and modifications that occur beginning on March 1, 2020 until the earlier of: sixty days after the date on which the national emergency related to the COVID-19 outbreak is terminated or December 31, 2020. The suspension of TDR accounting and reporting guidance may not be applied to any adverse impact on the credit of a borrower that is not related to the COVID-19 pandemic. In December 2020, the Consolidated Appropriations Act, 2021 was signed into law. Section 541 of this legislation, “Extension of Temporary Relief From Troubled Debt Restructurings and Insurer Clarification,” extends Section 4013 of the CARES Act to the earlier of January 1, 2022 or 60 days after the termination of the national emergency declared relating to COVID-19. Future TDRs are indeterminable and will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response to the pandemic . On April 3, 2020, the SEC Office of the Chief Accountant issued a public statement communicating that for eligible entities that elect to apply Section 4013 of the CARES Act, the SEC staff would not object that this is in accordance with GAAP for the periods for which such elections are available. In June 2020, the American Institute of Certified Public Accountants published Q&A Section 2130.41 regarding a technical question regarding the recognition of interest income on Section 4013 loans which provided multiple permitted policy elections regarding the recognition of interest on Section 4013 restructured loans. The Bank has continued to actively assist its communities by providing temporary loan relief under Section 4013 of the CARES Act. This relief included loan modifications which include forbearance programs (both full payment deferrals and interest only payments) to customers who have been negatively impacted by the pandemic. For loans that have been provided temporary full payment deferrals, the Bank has made a policy election to cease recognition of interest income during the term of the payment deferrals (generally three In March 2020, the FASB issued ASU 2020-02, Financial Instruments—Credit Losses (Topic 326) and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 119 and Update to SEC Section on Effective Date Related to Accounting Standards Update No. 2016-02, Leases (Topic 842). Leases (Topic 842) Financial Instruments - Credit Losses (Topic 326) hile the Company is currently unable to reasonably estimate the impact of adopting ASU , it expects that the impact of adoption will be significantly influenced by the composition, characteristics and quality of the Company’s loan and securities portfolios as well as the prevailing economic conditions and forecasts as of the adoption date. In March 2020, the FASB issued ASU 2020-03, Codification Improvements to Financial Instruments. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848). In January 2021, the FASB issued ASU 2021-01, Reference Rate Reform (Topic 848): Scope. This ASU clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The ASU also amends the expedients and exceptions in Topic 848 to capture the incremental consequences of the scope clarification and to tailor the existing guidance to derivative instruments affected by the discounting transition. An entity may elect to apply ASU 2021-01 on contract modifications that change the interest rate used for margining, discounting, or contract price alignment retrospectively as of any date from the beginning of the interim period that includes March 12, 2020, or prospectively to new modifications from any date within the interim period that includes or is subsequent to January 7, 2021, up to the date that financial statements are available to be issued. An entity may elect to apply ASU 2021-01 to eligible hedging relationships existing as of the beginning of the interim period that includes March 12, 2020, and to new eligible hedging relationships entered into after the beginning of the interim period that includes March 12, 2020. The Company is in the process of evaluating the provisions of this ASU, but does not expect it to have a material impact on the Company’s consolidated financial statements.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2021
INVESTMENT SECURITIES [Abstract]
Amortized Cost, Unrealized Gains and Losses and Estimated Fair Values of Investments in Debt and Other Securities	The amortized cost, unrealized gains and losses and estimated fair values of investments in debt and other securities at June 30, 2021 are summarized as follows (in thousands) Amortized cost Unrealized gains Unrealized losses Estimated fair value Investment securities available-for-sale: U.S. Treasury Securities $ 74,057 $ 696 $ (152 ) $ 74,601 Securities of U.S. government agencies and corporations 95,718 562 (967 ) 95,313 Obligations of states and political subdivisions 35,693 1,585 (118 ) 37,160 Collateralized mortgage obligations 110,918 1,474 (308 ) 112,084 Mortgage-backed securities 240,724 3,133 (1,456 ) 242,401 Total debt securities $ 557,110 $ 7,450 $ (3,001 ) $ 561,559 The amortized cost, unrealized gains and losses and estimated fair values of investments in debt and other securities at December 31, 2020 are summarized as follows: (in thousands) Amortized cost Unrealized gains Unrealized losses Estimated fair value Investment securities available-for-sale: U.S. Treasury Securities $ 37,910 $ 982 $ (1 ) $ 38,891 Securities of U.S. government agencies and corporations 105,506 1,317 (265 ) 106,558 Obligations of states and political subdivisions 31,013 1,878 (9 ) 32,882 Collateralized mortgage obligations 71,531 1,937 (8 ) 73,460 Mortgage-backed securities 179,021 4,359 (91 ) 183,289 Total debt securities $ 424,981 $ 10,473 $ (374 ) $ 435,080
Amortized Cost and Estimated Market Value of Debt and Other Securities by Contractual or Expected Maturity	The amortized cost and estimated market value of debt and other securities at June 30, 2021, by contractual maturity, are shown in the following table (in thousands) Amortized cost Estimated fair value Maturity in years: Due in one year or less $ 16,109 $ 16,274 Due after one year through five years 111,664 112,446 Due after five years through ten years 55,291 55,165 Due after ten years 22,404 23,189 Subtotal 205,468 207,074 MBS & CMO 351,642 354,485 Total $ 557,110 $ 561,559
Analysis of Gross Unrealized Losses of the Available-for-sale Investment Securities Portfolio	An analysis of gross unrealized losses of the available-for-sale investment securities portfolio as of June 30, 2021, follows (in thousands) Less than 12 months 12 months or more Total Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses U.S. Treasury Securities $ 38,466 $ (152 ) $ — $ — $ 38,466 $ (152 ) Securities of U.S. government agencies and corporations 64,890 (967 ) — — 64,890 (967 ) Obligations of states and political subdivisions 6,642 (118 ) — — 6,642 (118 ) Collateralized Mortgage obligations 28,160 (308 ) — — 28,160 (308 ) Mortgage-backed securities 133,878 (1,456 ) — — 133,878 (1,456 ) Total $ 272,036 $ (3,001 ) $ — $ — $ 272,036 $ (3,001 ) An analysis of gross unrealized losses of the available-for-sale investment securities portfolio as of December 31, 2020, follows: (in thousands) Less than 12 months 12 months or more Total Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses U.S. Treasury Securities $ 4,276 $ (1 ) $ — $ — $ 4,276 $ (1 ) Securities of U.S. government agencies and corporations 58,164 (265 ) — — 58,164 (265 ) Obligations of states and political subdivisions 1,603 (9 ) — — 1,603 (9 ) Collateralized Mortgage obligations 1,697 (8 ) — — 1,697 (8 ) Mortgage-backed securities 30,208 (91 ) — — 30,208 (91 ) Total $ 95,948 $ (374 ) $ — $ — $ 95,948 $ (374 )

LOANS (Tables)

LOANS (Tables)	6 Months Ended
	Jun. 30, 2021
LOANS [Abstract]
Loan Portfolio, by Loan Class	The composition of the Company’s loan portfolio, by loan class, as of June 30, 2021 and December 31, 2020 was as follows: ($ in thousands) June 30, 2021 December 31, 2020 Commercial $ 224,897 $ 255,926 Commercial Real Estate 483,005 454,053 Agriculture 86,842 95,048 Residential Mortgage 74,018 64,497 Residential Construction 3,985 4,223 Consumer 18,964 19,467 891,711 893,214 Allowance for loan losses (15,379 ) (15,416 ) Net deferred origination fees and costs (3,582 ) (1,968 ) Loans, net $ 872,750 $ 875,830
Loans by Delinquency and Non-Accrual Status	The Company’s loans by delinquency and non-accrual status, as of June 30, 2021 and December 31, 2020, were as follows: ($ in thousands) Current & Accruing 30-59 Days Past Due & Accruing 60-89 Days Past Due & Accruing 90 Days or More Past Due & Accruing Nonaccrual Total Loans June 30 2021 Commercial $ 224,869 $ — $ — $ — $ 28 $ 224,897 Commercial Real Estate 476,435 — — — 6,570 483,005 Agriculture 77,696 16 — — 9,130 86,842 Residential Mortgage 73,874 — — — 144 74,018 Residential Construction 3,985 — — — — 3,985 Consumer 18,279 — — — 685 18,964 Total $ 875,138 $ 16 $ — $ — $ 16,557 $ 891,711 December 31, 2020 Commercial $ 255,563 $ — $ — $ — $ 363 $ 255,926 Commercial Real Estate 449,178 — — — 4,875 454,053 Agriculture 85,918 — — — 9,130 95,048 Residential Mortgage 64,344 — — — 153 64,497 Residential Construction 4,223 — — — — 4,223 Consumer 18,777 — — — 690 19,467 Total $ 878,003 $ — $ — $ — $ 15,211 $ 893,214
Impaired Loans, Segregated by Loan Class	Impaired loans, segregated by loan class, as of June 30, 2021 and December 31, 2020 were as follows: ($ in thousands) Unpaid Contractual Principal Balance Recorded Investment with No Allowance Recorded Investment with Allowance Total Recorded Investment Related Allowance June 30 2021 Commercial $ 56 $ 28 $ — $ 28 $ — Commercial Real Estate 7,051 6,570 — 6,570 — Agriculture 9,189 1,365 7,765 9,130 3,990 Residential Mortgage 683 144 525 669 84 Residential Construction 250 — 251 251 4 Consumer 770 685 64 749 3 Total $ 17,999 $ 8,792 $ 8,605 $ 17,397 $ 4,081 December 31, 2020 Commercial $ 1,087 $ 363 $ 661 $ 1,024 $ 11 Commercial Real Estate 5,146 4,875 — 4,875 — Agriculture 9,189 1,365 7,765 9,130 2,093 Residential Mortgage 1,046 153 883 1,036 159 Residential Construction 684 — 652 652 83 Consumer 773 690 64 754 1 Total $ 17,925 $ 7,446 $ 10,025 $ 17,471 $ 2,347
Average Recorded Investment and Interest Income in Impaired Loans Recognized Using Accrual Basis Method of Accounting	The average recorded investment in impaired loans and the amount of interest income recognized on impaired loans during the three months ended June 30, 2021 and June 30, 2020 was as follows: ($ in thousands) Three Months Ended June 30, 2021 Three Months Ended June 30, 2020 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial $ 156 $ 6 $ 1,468 $ 14 Commercial Real Estate 6,687 — 3,231 — Agriculture 9,130 — 4,572 — Residential Mortgage 846 5 1,071 6 Residential Construction 253 4 676 9 Consumer 750 2 645 1 Total $ 17,822 $ 17 $ 11,663 $ 30 The average recorded investment in impaired loans and the amount of interest income recognized on impaired loans during the six months ended June 30, 2021 and June 30, 2020 was as follows: ($ in thousands) Six Months Ended June 30, 2021 Six Months Ended June 30, 2020 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial $ 445 $ 7 $ 1,529 $ 35 Commercial Real Estate 6,083 — 2,393 4 Agriculture 9,130 — 3,048 — Residential Mortgage 910 13 1,075 15 Residential Construction 386 8 681 18 Consumer 752 3 541 3 Total $ 17,706 $ 31 $ 9,267 $ 75
Loans Modified as TDR's	Loans modified as TDRs during the three months ended June 30, 2021 were as follows: ($ in thousands) Three Months Ended June 30, 2021 Number of Contracts Pre-modification outstanding recorded investment Post- modification outstanding recorded investment Consumer 1 $ 99 $ 99 Total 1 $ 99 $ 99 Loans modified as TDRs during the six months ended June 30, 2021 were as follows: ($ in thousands) Six Months Ended June 30, 2021 Number of Contracts Pre-modification outstanding recorded investment Post- modification outstanding recorded investment Consumer 1 $ 99 $ 99 Total 1 $ 99 $ 99
Risk Ratings by Loan Class	The following table presents the risk ratings by loan class as of June 30, 2021 and December 31, 2020: ($ in thousands) Pass Special Mention Substandard Doubtful Loss Total June 30, 2021 Commercial $ 214,546 $ 9,947 $ 404 $ — $ — $ 224,897 Commercial Real Estate 467,965 3,793 11,247 — — 483,005 Agriculture 77,616 96 1,365 7,765 — 86,842 Residential Mortgage 73,696 — 322 — — 74,018 Residential Construction 3,985 — — — — 3,985 Consumer 18,279 — 685 — — 18,964 Total $ 856,087 $ 13,836 $ 14,023 $ 7,765 $ — $ 891,711 December 31, 2020 Commercial $ 244,327 $ 10,731 $ 868 $ — $ — $ 255,926 Commercial Real Estate 431,381 9,255 13,417 — — 454,053 Agriculture 83,493 — 11,555 — — 95,048 Residential Mortgage 64,018 — 479 — — 64,497 Residential Construction 4,223 — — — — 4,223 Consumer 18,697 — 770 — — 19,467 Total $ 846,139 $ 19,986 $ 27,089 $ — $ — $ 893,214
Allowance for Loan Losses	The following tables detail activity in the allowance for loan losses by loan class for the and months ended June . Three months ended June 30, 2021 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of March 31, 2021 $ 1,468 $ 7,561 $ 5,171 $ 680 $ 37 $ 186 $ 610 $ 15,713 Provision for loan losses 421 (223 ) 88 (46 ) 18 — (258 ) — Charge-offs (334 ) — — — — (3 ) — (337 ) Recoveries — — — — — 3 — 3 Net charge-offs (334 ) — — — — — — (334 ) Balance as of June 30, 2021 $ 1,555 $ 7,338 $ 5,259 $ 634 $ 55 $ 186 $ 352 $ 15,379 Six months ended June 30, 2021 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of December 31, 2020 $ 2,252 $ 7,915 $ 3,834 $ 635 $ 128 $ 214 $ 438 $ 15,416 Provision for loan losses (358 ) (577 ) 1,425 (1 ) (73 ) (30 ) (86 ) 300 Charge-offs (347 ) — — — — (6 ) — (353 ) Recoveries 8 — — — — 8 — 16 Net charge-offs (339 ) — — — — 2 — (337 ) Balance as of June 30, 2021 $ 1,555 $ 7,338 $ 5,259 $ 634 $ 55 $ 186 $ 352 $ 15,379 The following table details the allowance for loan losses allocated to loans individually and collectively evaluated for impairment by loan class as of ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Period-end amount allocated to: Loans individually evaluated for impairment $ — $ — $ 3,990 $ 84 $ 4 $ 3 $ — $ 4,081 Loans collectively evaluated for impairment 1,555 7,338 1,269 550 51 183 352 11,298 Ending Balance $ 1,555 $ 7,338 $ 5,259 $ 634 $ 55 $ 186 $ 352 $ 15,379 The following table details activity in the allowance for loan losses by loan class for the and six months ended June . Three months ended June 30, 2020 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of March 31, 2020 $ 2,606 $ 7,406 $ 1,788 $ 536 $ 260 $ 251 $ 22 $ 12,869 Provision for loan losses (230 ) 28 (133 ) 4 (15 ) (27 ) 1,173 800 Charge-offs (39 ) — — — — (4 ) — (43 ) Recoveries 1 — — — — 4 — 5 Net charge-offs (38 ) — — — — — — (38 ) Balance as of June 30 2020 $ 2,338 $ 7,434 $ 1,655 $ 540 $ 245 $ 224 $ 1,195 $ 13,631 Six months ended June 30, 2020 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of December 31, 2019 $ 2,354 $ 6,846 $ 2,054 $ 466 $ 201 $ 236 $ 199 $ 12,356 Provision for loan losses 156 588 (399 ) 74 44 (9 ) 996 1,450 Charge-offs (184 ) — — — — (13 ) — (197 ) Recoveries 12 — — — — 10 — 22 Net charge-offs (172 ) — — — — (3 ) — (175 ) Balance as of June 30, 2020 $ 2,338 $ 7,434 $ 1,655 $ 540 $ 245 $ 224 $ 1,195 $ 13,631 The following table details the allowance for loan losses allocated to loans individually and collectively evaluated for impairment by loan class as of . ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Period-end amount allocated to: Loans individually evaluated for impairment $ 19 $ — $ — $ 167 $ 73 $ 1 $ — $ 260 Loans collectively evaluated for impairment 2,319 7,434 1,655 373 172 223 1,195 13,371 Ending Balance $ 2,338 $ 7,434 $ 1,655 $ 540 $ 245 $ 224 $ 1,195 $ 13,631 The following table details activity in the allowance for loan losses and the amount allocated to loans individually and collectively evaluated for impairment as of and for the year ended . Year ended December 31, 2020 ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Unallocated Total Balance as of December 31, 2019 $ 2,354 $ 6,846 $ 2,054 $ 466 $ 201 $ 236 $ 199 $ 12,356 Provision for loan losses (91 ) 1,069 1,780 169 (73 ) (43 ) 239 3,050 Charge-offs (212 ) — — — — (15 ) — (227 ) Recoveries 201 — — — — 36 — 237 Net (charge-offs) recoveries (11 ) — — — — 21 — 10 Ending Balance $ 2,252 $ 7,915 $ 3,834 $ 635 $ 128 $ 214 $ 438 $ 15,416 Period-end amount allocated to: Loans individually evaluated for impairment $ 11 $ — $ 2,093 $ 159 $ 83 $ 1 $ — $ 2,347 Loans collectively evaluated for impairment 2,241 7,915 1,741 476 45 213 438 13,069 Balance as of December 31, 2020 $ 2,252 $ 7,915 $ 3,834 $ 635 $ 128 $ 214 $ 438 $ 15,416 The Company’s investment in loans as of June , and related to each balance in the allowance for loan losses by loan class and disaggregated on the basis of the Company’s impairment methodology was as follows: ($ in thousands) Commercial Commercial Real Estate Agriculture Residential Mortgage Residential Construction Consumer Total June 30, 2021 Loans individually evaluated for impairment $ 28 $ 6,570 $ 9,130 $ 669 $ 251 $ 749 $ 17,397 Loans collectively evaluated for impairment 224,869 476,435 77,712 73,349 3,734 18,215 874,314 Ending Balance $ 224,897 $ 483,005 $ 86,842 $ 74,018 $ 3,985 $ 18,964 $ 891,711 June 30, 2020 Loans individually evaluated for impairment $ 1,473 $ 5,708 $ 9,145 $ 1,067 $ 671 $ 961 $ 19,025 Loans collectively evaluated for impairment 332,845 453,790 87,185 68,620 15,298 22,063 979,801 Ending Balance $ 334,318 $ 459,498 $ 96,330 $ 69,687 $ 15,969 $ 23,024 $ 998,826 December 31, 2020 Loans individually evaluated for impairment $ 1,024 $ 4,875 $ 9,130 $ 1,036 $ 652 $ 754 $ 17,471 Loans collectively evaluated for impairment 254,902 449,178 85,918 63,461 3,571 18,713 875,743 Ending Balance $ 255,926 $ 454,053 $ 95,048 $ 64,497 $ 4,223 $ 19,467 $ 893,214

MORTGAGE OPERATIONS (Tables)

MORTGAGE OPERATIONS (Tables)	6 Months Ended
	Jun. 30, 2021
MORTGAGE OPERATIONS [Abstract]
Key Assumptions Used in Measuring the Fair Value of Mortgage Servicing Rights	Key assumptions used in measuring the fair value of mortgage servicing rights as of June 30, 2021 and December 31, 2020 were as follows: June 30, 2021 December 31, 2020 Constant prepayment rate 17.46 % 20.22 % Discount rate 9.50 % 10.00 % Weighted average life (years) 4.65 3.96
Mortgage Servicing Rights Assets	The following table summarizes the Company’s mortgage servicing rights assets as of June 30, 2021 and December 31, 2020. Mortgage servicing rights are included in Interest Receivable and Other Assets on the condensed consolidated balance sheets: (in thousands) December 31, 2020 Additions Reductions June 30, 2021 Mortgage servicing rights $ 1,628 $ 391 $ (229 ) $ 1,790 Valuation allowance (386 ) — 34 (352 ) Mortgage servicing rights, net of valuation allowance $ 1,242 $ 391 $ (195 ) $ 1,438

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2021
FAIR VALUE MEASUREMENTS [Abstract]
Assets and Liabilities Measured at Fair Value on a Recurring Basis	The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of June 30, 2021 (in thousands) June 30 2021 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) U.S. Treasury securities $ 74,601 $ 74,601 $ — $ — Securities of U.S. government agencies and corporations 95,313 — 95,313 — Obligations of states and political subdivisions 37,160 — 37,160 — Collateralized mortgage obligations 112,084 — 112,084 — Mortgage-backed securities 242,401 — 242,401 — Total investments at fair value $ 561,559 $ 74,601 $ 486,958 $ — There were no transfers of assets measured at fair value on a recurring basis between level 1 and level 2 of the fair value hierarchy. The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of December 31, 2020: (in thousands) December 31, 2020 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) U.S. Treasury securities $ 38,891 $ 38,891 $ — $ — Securities of U.S. government agencies and corporations 106,558 — 106,558 — Obligations of states and political subdivisions 32,882 — 32,882 — Collateralized mortgage obligations 73,460 — 73,460 — Mortgage-backed securities 183,289 — 183,289 — Total investments at fair value $ 435,080 $ 38,891 $ 396,189 $ —
Assets Measured at Fair Value on a Non-recurring Basis	Assets measured at fair value on a non-recurring basis are included in the table below by level within the fair value hierarchy as of June 30, 2021 and December 31, 2020 (in thousands) June 30 , 2021 Carrying Value Level 1 Level 2 Level 3 Impaired loans $ 3,774 $ — $ — $ 3,774 Mortgage servicing rights 1,438 — — 1,438 Total assets at fair value $ 5,212 $ — $ — $ 5,212 (in thousands) December 31, 2020 Carrying Value Level 1 Level 2 Level 3 Impaired loans $ 5,700 $ — $ — $ 5,700 Mortgage servicing rights 1,242 — — 1,242 Total assets at fair value $ 6,942 $ — $ — $ 6,942
Key Methods and Assumptions Used in Measuring Fair Value	Key methods and assumptions used in measuring the fair value of mortgage servicing rights as of June 30, 2021 and impaired loans as of December 31, 2020 were as follows Method Assumption Inputs Impaired loans Collateral, market, income, enterprise, liquidation External appraised values, management assumptions regarding market trends or other relevant factors, selling costs generally ranging from 6% to 10%. Mortgage servicing rights Discounted cash flows Present value of expected future cash flows was estimated using a discount rate factor of and as of June 30, 2021 and December 31, 2020, respectively. A constant prepayment rate of and as of June 30, 2021 and December 31, 2020, respectively, was utilized.
Estimated Fair Value of Financial Instruments	The estimated fair values of the Company’s financial instruments for the periods ended June 30, 2021 and December 31, 2020 were approximately as (in thousands) June 30, 2021 December 31, 2020 Level Carrying amount Fair value Carrying amount Fair value Financial assets: Cash and cash equivalents 1 $ 332,595 $ 332,595 $ 267,177 $ 267,177 Certificates of deposit 2 13,003 13,367 16,923 17,455 Stock in Federal Home Loan Bank and other equity securities 3 7,097 7,097 6,480 6,480 Loans receivable: Net loans 3 872,750 819,330 875,830 830,448 Loans held-for-sale 2 1,306 1,332 9,190 9,522 Interest receivable 2 4,804 4,804 5,099 5,099 Financial liabilities: Deposits 3 1,663,227 1,642,997 1,478,162 1,457,051 Federal Home Loan Bank advances 2 — — 5,000 4,996 Interest payable 2 62 62 59 59

FINANCIAL INSTRUMENTS WITH OF_2

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)	6 Months Ended
	Jun. 30, 2021
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]
Financial Instruments Whose Contract Amount Represent Credit Risk	Financial instruments, whose contract amounts represent credit risk at the indicated periods, were as follows: (in thousands) June 30, 2021 December 31, 2020 Undisbursed loan commitments $ 178,389 $ 189,097 Standby letters of credit 3,122 1,731 Commitments to sell loans 190 1,052 $ 181,701 $ 191,880

STOCK PLANS (Tables)

STOCK PLANS (Tables)	6 Months Ended
	Jun. 30, 2021
STOCK PLANS [Abstract]
Stock Option Activity	The following table presents the activity related to stock options for the three months ended June 30, 2021. Number of Shares Weighted Average Exercise Price Aggregate Intrinsic Value Weighted Average Remaining Contractual Term (in years) Options outstanding at Beginning of Period 597,947 $ 9.01 Granted — — Expired — — Cancelled / Forfeited — — Exercised — — Options outstanding at End of Period 597,947 $ 9.01 $ 1,342,898 6.33 Exercisable (vested) at End of Period 394,704 $ 8.21 $ 1,200,243 5.36 The following table presents the activity related to stock options for the six months ended June 30, 2021. Number of Shares Weighted Average Exercise Price Aggregate Intrinsic Value Weighted Average Remaining Contractual Term (in years) Options outstanding at Beginning of Period 607,631 $ 8.91 Granted — $ — Expired — $ — Cancelled / Forfeited — — Exercised (9,684 ) 3.31 Options outstanding at End of Period 597,947 $ 9.01 $ 1,342,898 6.33 Exercisable (vested) at End of Period 394,704 $ 8.21 $ 1,200,243 5.36
Activity Related to Restricted Stock	The following table presents the activity related to non-vested restricted stock for the three months ended June 30,2021. Number of Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Weighted Average Remaining Contractual Term (in years) Non-vested Restricted stock outstanding at Beginning of Period 160,147 $ 10.46 _ _ Granted 3,000 11.45 Cancelled / Forfeited — — Exercised/Released/Vested (1,708) 10.59 Non-vested restricted stock outstanding at End of Period 161,439 $ 10.47 $ 1,816,189 2.78 The following table presents the activity related to non-vested restricted stock for the six months ended June 30, 2021. Number of Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Weighted Average Remaining Contractual Term (in years) Non-vested Restricted stock outstanding at Beginning of Period 148,699 $ 10.31 _ _ _ _ Granted 43,320 10.50 Cancelled / Forfeited — — Exercised/Released/Vested (30,580) 9.70 Non-vested restricted stock outstanding at End of Period 161,439 $ 10.47 $ 1,816,189 2.78
Weighted Average Assumptions Used in Valuing ESPP	A summary of the weighted average assumptions used in valuing ESPP issuances during the three and six months ended June 30, 2021 is presented below. Three Months Ended June 30, 2021 Six Months Ended June 30, 2021 Risk Free Interest Rate 0.10 % 0.10 % Expected Dividend Yield 0.00 % 0.00 % Expected Life in Years 1.00 1.00 Expected Price Volatility 25.30 % 25.30 %

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2021
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
Activity in Accumulated Other Comprehensive Income (Loss)	The following table details activity in accumulated other comprehensive income (loss) for the three months ended June 30, 2021. (in thousands) Unrealized Gains on Securities Officers’ retirement plan Directors’ retirement plan Accumulated Other Comprehensive Income Balance as of March 31, 2021 $ 3,024 $ (2,105 ) $ (53 ) $ 866 Current period other comprehensive income 146 — — 146 Balance as of June 30 2021 $ 3,170 $ (2,105 ) $ (53 ) $ 1,012 The following table details activity in accumulated other comprehensive income (loss) for the six months ended June 30, 2021. (in thousands) Unrealized Gains on Securities Officers’ retirement plan Directors’ retirement plan Accumulated Other Comprehensive Income Balance as of December 31, 2020 $ 7,196 $ (2,105 ) $ (53 ) $ 5,038 Current period other comprehensive loss (4,026 ) — — (4,026 ) Balance as of June 30, 2021 $ 3,170 $ (2,105 ) $ (53 ) $ 1,012 The following table details activity in accumulated other comprehensive income (loss) for the three months ended June 30, 2020. (in thousands) Unrealized Gains on Securities Officers’ retirement plan Directors’ retirement plan Accumulated Other Comprehensive Income Balance as of March 31, 2020 $ 6,630 $ (1,411 ) $ (16 ) $ 5,203 Current period other comprehensive income 1,239 — — 1,239 Balance as of June 30 2020 $ 7,869 $ (1,411 ) $ (16 ) $ 6,442 The following table details activity in accumulated other comprehensive income (loss) for the six months ended June 30, 2020. (in thousands) Unrealized Gains on Securities Officers’ retirement plan Directors’ retirement plan Accumulated Other Comprehensive Income Balance as of December 31, 2019 $ 1,561 $ (1,411 ) $ (16 ) $ 134 Current period other comprehensive income 6,308 — — 6,308 Balance as of June 30, 2020 $ 7,869 $ (1,411 ) $ (16 ) $ 6,442

OUTSTANDING SHARES AND EARNIN_2

OUTSTANDING SHARES AND EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2021
OUTSTANDING SHARES AND EARNINGS PER SHARE [Abstract]
Reconciliation of Basic and Diluted EPS	The following table presents a reconciliation of basic and diluted EPS for the three and six months ended June 30, 2021 and 2020 (dollars in thousands except per share amounts): Three months ended June 30, Six months ended June 30, 2021 2020 2021 2020 Basic earnings per share: Net income $ 3,306 $ 2,705 $ 6,484 $ 5,384 Weighted average common shares outstanding 13,520,646 13,471,089 13,507,501 13,454,992 Basic EPS $ 0.24 $ 0.20 $ 0.48 $ 0.40 Diluted earnings per share: Net income $ 3,306 $ 2,705 $ 6,484 $ 5,384 Weighted average common shares outstanding 13,520,646 13,471,089 13,507,501 13,454,992 Effect of dilutive shares 176,796 95,828 164,932 125,634 Adjusted weighted average common shares outstanding 13,697,442 13,566,917 13,672,433 13,580,626 Diluted EPS $ 0.24 $ 0.20 $ 0.47 $ 0.40

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 30, 2021
LEASES [Abstract]
Maturities of Remaining Lease Liabilities	The table below summarizes the maturity of remaining lease liabilities at June 30, 2021 (in thousands) June 30, 2021 2021 $ 591 2022 1,083 2023 948 2024 840 2025 817 2026 2,192 Total lease payments 6,471 Less: interest (525 ) Present value of lease liabilities $ 5,946
Supplemental Cash Flow Information Related to Leases	The following table presents supplemental cash flow information related to leases for the three and six months ended June 30, 2021: Three months ended June 30, Six June 30 (in thousands) 2021 2020 2021 2020 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 293 $ 300 $ 583 $ 549 Right-of-use assets obtained in exchange for new operating lease liabilities — 221 — 221
Weighted Average Operating Lease Term and Discount Rate	The following table presents the weighted average operating lease term and discount rate as of June 30, 2021 and December 31, 2020: June 30, 2021 December 31, 2020 Weighted-average remaining lease term – operating leases, in years 6.89 7.23 Weighted-average discount rate – operating leases 2.43 % 2.43 %

ACCOUNTING POLICIES (Details)

ACCOUNTING POLICIES (Details) - CARES Act [Member]	6 Months Ended
	Jun. 30, 2021
Minimum [Member]
Recently Issued Accounting Pronouncements [Abstract]
Term of payment deferrals	3 months
Maximum [Member]
Recently Issued Accounting Pronouncements [Abstract]
Term of payment deferrals	6 months

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Investment securities available-for-sale [Abstract]
Amortized cost	$ 557,110,000		$ 557,110,000		$ 424,981,000
Unrealized gains	7,450,000		7,450,000		10,473,000
Unrealized losses	(3,001,000)		(3,001,000)		(374,000)
Estimated fair value	561,559,000		561,559,000		435,080,000
Proceeds from sales, calls and maturities of available-for-sale securities	20,244,000	$ 12,000,000	29,637,000	$ 32,044,000
Gross realized gains from sales/calls of available-for-sale securities	297,000	4,000	322,000	88,000
Gross realized losses from sales/calls of available-for-sale securities	488,000	$ 0	523,000	$ 46,000
U.S. Treasury Securities [Member]
Investment securities available-for-sale [Abstract]
Amortized cost	74,057,000		74,057,000		37,910,000
Unrealized gains	696,000		696,000		982,000
Unrealized losses	(152,000)		(152,000)		(1,000)
Estimated fair value	74,601,000		74,601,000		38,891,000
Securities of U.S. Government Agencies and Corporations [Member]
Investment securities available-for-sale [Abstract]
Amortized cost	95,718,000		95,718,000		105,506,000
Unrealized gains	562,000		562,000		1,317,000
Unrealized losses	(967,000)		(967,000)		(265,000)
Estimated fair value	95,313,000		95,313,000		106,558,000
Obligations of States and Political Subdivisions [Member]
Investment securities available-for-sale [Abstract]
Amortized cost	35,693,000		35,693,000		31,013,000
Unrealized gains	1,585,000		1,585,000		1,878,000
Unrealized losses	(118,000)		(118,000)		(9,000)
Estimated fair value	37,160,000		37,160,000		32,882,000
Collateralized Mortgage Obligations [Member]
Investment securities available-for-sale [Abstract]
Amortized cost	110,918,000		110,918,000		71,531,000
Unrealized gains	1,474,000		1,474,000		1,937,000
Unrealized losses	(308,000)		(308,000)		(8,000)
Estimated fair value	112,084,000		112,084,000		73,460,000
Mortgage-backed Securities [Member]
Investment securities available-for-sale [Abstract]
Amortized cost	240,724,000		240,724,000		179,021,000
Unrealized gains	3,133,000		3,133,000		4,359,000
Unrealized losses	(1,456,000)		(1,456,000)		(91,000)
Estimated fair value	$ 242,401,000		$ 242,401,000		$ 183,289,000

INVESTMENT SECURITIES, Contract

INVESTMENT SECURITIES, Contractual or Expected Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Maturity in years [Abstract]
Due in one year or less	$ 16,109
Due after one year through five years	111,664
Due after five years through ten years	55,291
Due after ten years	22,404
Subtotal	205,468
MBS & CMO	351,642
Amortized cost	557,110	$ 424,981
Maturity in years [Abstract]
Due in one year or less	16,274
Due after one year through five years	112,446
Due after five years through ten years	55,165
Due after ten years	23,189
Subtotal	207,074
MBS & CMO	354,485
Estimated fair value	$ 561,559	$ 435,080

INVESTMENT SECURITIES, Analysis

INVESTMENT SECURITIES, Analysis of Gross Unrealized Losses (Details)	Jun. 30, 2021USD ($)Security	Dec. 31, 2020USD ($)
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 272,036,000	$ 95,948,000
12 months or more, fair value	0	0
Total fair value	272,036,000	95,948,000
Less than 12 months, unrealized losses	(3,001,000)	(374,000)
12 Months or more, unrealized losses	0	0
Total unrealized losses	$ (3,001,000)	(374,000)
Investment securities in an unrealized loss position less than 12 months | Security	114
Investment securities in an unrealized loss position more than 12 months | Security	0
Investment securities pledged as collateral	$ 38,086,000	41,916,000
U.S. Treasury Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	38,466,000	4,276,000
12 months or more, fair value	0	0
Total fair value	38,466,000	4,276,000
Less than 12 months, unrealized losses	(152,000)	(1,000)
12 Months or more, unrealized losses	0	0
Total unrealized losses	(152,000)	(1,000)
Securities of U.S. Government Agencies and Corporations [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	64,890,000	58,164,000
12 months or more, fair value	0	0
Total fair value	64,890,000	58,164,000
Less than 12 months, unrealized losses	(967,000)	(265,000)
12 Months or more, unrealized losses	0	0
Total unrealized losses	(967,000)	(265,000)
Obligations of States and Political Subdivisions [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	6,642,000	1,603,000
12 months or more, fair value	0	0
Total fair value	6,642,000	1,603,000
Less than 12 months, unrealized losses	(118,000)	(9,000)
12 Months or more, unrealized losses	0	0
Total unrealized losses	(118,000)	(9,000)
Collateralized Mortgage Obligations [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	28,160,000	1,697,000
12 months or more, fair value	0	0
Total fair value	28,160,000	1,697,000
Less than 12 months, unrealized losses	(308,000)	(8,000)
12 Months or more, unrealized losses	0	0
Total unrealized losses	(308,000)	(8,000)
Mortgage-backed Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	133,878,000	30,208,000
12 months or more, fair value	0	0
Total fair value	133,878,000	30,208,000
Less than 12 months, unrealized losses	(1,456,000)	(91,000)
12 Months or more, unrealized losses	0	0
Total unrealized losses	$ (1,456,000)	$ (91,000)

LOANS (Details)

LOANS (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2021USD ($)Category	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Loan Portfolio by Loan Class [Abstract]
Loans	$ 891,711		$ 893,214	$ 998,826
Allowance for loan losses	(15,379)	$ (15,713)	(15,416)	(13,631)	$ (12,869)	$ (12,356)
Net deferred origination fees and costs	(3,582)		(1,968)
Loans, net	$ 872,750		875,830
Minimum [Member]
Loan Portfolio by Loan Class [Abstract]
Delinquent loans revaluation period	3 months
Maximum [Member]
Loan Portfolio by Loan Class [Abstract]
Delinquent loans revaluation period	12 months
Commercial [Member]
Loan Portfolio by Loan Class [Abstract]
Loans	$ 224,897		255,926	334,318
Allowance for loan losses	$ (1,555)	(1,468)	(2,252)	(2,338)	(2,606)	(2,354)
Loan portfolio by segment	25.00%
Commercial Real Estate [Member]
Loan Portfolio by Loan Class [Abstract]
Loans	$ 483,005		454,053	459,498
Allowance for loan losses	$ (7,338)	(7,561)	(7,915)	(7,434)	(7,406)	(6,846)
Categories of loans | Category	2
Loan portfolio by segment	54.00%
Agriculture [Member]
Loan Portfolio by Loan Class [Abstract]
Loans	$ 86,842		95,048	96,330
Allowance for loan losses	$ (5,259)	(5,171)	(3,834)	(1,655)	(1,788)	(2,054)
Loan portfolio by segment	10.00%
Residential Mortgage [Member]
Loan Portfolio by Loan Class [Abstract]
Loans	$ 74,018		64,497	69,687
Allowance for loan losses	$ (634)	(680)	(635)	(540)	(536)	(466)
Loan portfolio by segment	8.00%
Residential Construction [Member]
Loan Portfolio by Loan Class [Abstract]
Loans	$ 3,985		4,223	15,969
Allowance for loan losses	$ (55)	(37)	(128)	(245)	(260)	(201)
Loan portfolio by segment	1.00%
Consumer [Member]
Loan Portfolio by Loan Class [Abstract]
Loans	$ 18,964		19,467	23,024
Allowance for loan losses	$ (186)	$ (186)	$ (214)	$ (224)	$ (251)	$ (236)
Loan portfolio by segment	2.00%

LOANS, Non-accrual and Past Due

LOANS, Non-accrual and Past Due Loans (Details)	Jun. 30, 2021USD ($)Loan	Dec. 31, 2020USD ($)Loan	Jun. 30, 2020USD ($)
Non-accrual and Past Due Loans [Abstract]
Total Loans	$ 891,711,000	$ 893,214,000	$ 998,826,000
Nonaccrual	16,557,000	15,211,000
Commitments to lend additional funds to borrower whose loan was on non-accrual status	0
Current & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	875,138,000	878,003,000
30-59 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	16,000	0
60-89 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
90 Days or More Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Commercial [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	224,897,000	255,926,000	334,318,000
Nonaccrual	$ 28,000	$ 363,000
Number of nonaccrual loans | Loan	1	4
Commercial [Member] | Current & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	$ 224,869,000	$ 255,563,000
Commercial [Member] | 30-59 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Commercial [Member] | 60-89 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Commercial [Member] | 90 Days or More Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Commercial Real Estate [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	483,005,000	454,053,000	459,498,000
Nonaccrual	$ 6,570,000	$ 4,875,000
Number of nonaccrual loans | Loan	4	3
Commercial Real Estate [Member] | Current & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	$ 476,435,000	$ 449,178,000
Commercial Real Estate [Member] | 30-59 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Commercial Real Estate [Member] | 60-89 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Commercial Real Estate [Member] | 90 Days or More Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Agriculture [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	86,842,000	95,048,000	96,330,000
Nonaccrual	$ 9,130,000	$ 9,130,000
Number of nonaccrual loans | Loan	3	3
Agriculture [Member] | Current & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	$ 77,696,000	$ 85,918,000
Agriculture [Member] | 30-59 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	16,000	0
Agriculture [Member] | 60-89 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Agriculture [Member] | 90 Days or More Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Residential Mortgage [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	74,018,000	64,497,000	69,687,000
Nonaccrual	$ 144,000	$ 153,000
Number of nonaccrual loans | Loan	1	1
Residential Mortgage [Member] | Current & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	$ 73,874,000	$ 64,344,000
Residential Mortgage [Member] | 30-59 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Residential Mortgage [Member] | 60-89 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Residential Mortgage [Member] | 90 Days or More Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Residential Construction [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	3,985,000	4,223,000	15,969,000
Nonaccrual	0	0
Residential Construction [Member] | Current & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	3,985,000	4,223,000
Residential Construction [Member] | 30-59 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Residential Construction [Member] | 60-89 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Residential Construction [Member] | 90 Days or More Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Consumer [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	18,964,000	19,467,000	$ 23,024,000
Nonaccrual	$ 685,000	$ 690,000
Number of nonaccrual loans | Loan	3	5
Consumer [Member] | Current & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	$ 18,279,000	$ 18,777,000
Consumer [Member] | 30-59 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Consumer [Member] | 60-89 Days Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	0	0
Consumer [Member] | 90 Days or More Past Due & Accruing [Member]
Non-accrual and Past Due Loans [Abstract]
Total Loans	$ 0	$ 0

LOANS, Impaired Loans (Details)

LOANS, Impaired Loans (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Impaired loans [Abstract]
Unpaid contractual principal balance	$ 17,999,000		$ 17,999,000		$ 17,925,000
Recorded investment [Abstract]
Recorded investment with no allowance	8,792,000		8,792,000		7,446,000
Recorded investment with allowance	8,605,000		8,605,000		10,025,000
Total recorded investment	17,397,000		17,397,000		17,471,000
Related allowance	4,081,000		4,081,000		2,347,000
Interest income on impaired loans recognized using an accrual method of accounting [Abstract]
Average recorded investment	17,822,000	$ 11,663,000	17,706,000	$ 9,267,000
Interest income recognized	17,000	30,000	31,000	75,000
Risk Rating of 5 (Special Mention) or Worse [Member]
Impaired loans [Abstract]
Threshold aggregate exposure for loan to be considered impaired	500,000		500,000
Commercial [Member]
Impaired loans [Abstract]
Unpaid contractual principal balance	56,000		56,000		1,087,000
Recorded investment [Abstract]
Recorded investment with no allowance	28,000		28,000		363,000
Recorded investment with allowance	0		0		661,000
Total recorded investment	28,000		28,000		1,024,000
Related allowance	0		0		11,000
Interest income on impaired loans recognized using an accrual method of accounting [Abstract]
Average recorded investment	156,000	1,468,000	445,000	1,529,000
Interest income recognized	6,000	14,000	7,000	35,000
Commercial Real Estate [Member]
Impaired loans [Abstract]
Unpaid contractual principal balance	7,051,000		7,051,000		5,146,000
Recorded investment [Abstract]
Recorded investment with no allowance	6,570,000		6,570,000		4,875,000
Recorded investment with allowance	0		0		0
Total recorded investment	6,570,000		6,570,000		4,875,000
Related allowance	0		0		0
Interest income on impaired loans recognized using an accrual method of accounting [Abstract]
Average recorded investment	6,687,000	3,231,000	6,083,000	2,393,000
Interest income recognized	0	0	0	4,000
Agriculture [Member]
Impaired loans [Abstract]
Unpaid contractual principal balance	9,189,000		9,189,000		9,189,000
Recorded investment [Abstract]
Recorded investment with no allowance	1,365,000		1,365,000		1,365,000
Recorded investment with allowance	7,765,000		7,765,000		7,765,000
Total recorded investment	9,130,000		9,130,000		9,130,000
Related allowance	3,990,000		3,990,000		2,093,000
Interest income on impaired loans recognized using an accrual method of accounting [Abstract]
Average recorded investment	9,130,000	4,572,000	9,130,000	3,048,000
Interest income recognized	0	0	0	0
Residential Mortgage [Member]
Impaired loans [Abstract]
Unpaid contractual principal balance	683,000		683,000		1,046,000
Recorded investment [Abstract]
Recorded investment with no allowance	144,000		144,000		153,000
Recorded investment with allowance	525,000		525,000		883,000
Total recorded investment	669,000		669,000		1,036,000
Related allowance	84,000		84,000		159,000
Interest income on impaired loans recognized using an accrual method of accounting [Abstract]
Average recorded investment	846,000	1,071,000	910,000	1,075,000
Interest income recognized	5,000	6,000	13,000	15,000
Residential Construction [Member]
Impaired loans [Abstract]
Unpaid contractual principal balance	250,000		250,000		684,000
Recorded investment [Abstract]
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	251,000		251,000		652,000
Total recorded investment	251,000		251,000		652,000
Related allowance	4,000		4,000		83,000
Interest income on impaired loans recognized using an accrual method of accounting [Abstract]
Average recorded investment	253,000	676,000	386,000	681,000
Interest income recognized	4,000	9,000	8,000	18,000
Consumer [Member]
Impaired loans [Abstract]
Unpaid contractual principal balance	770,000		770,000		773,000
Recorded investment [Abstract]
Recorded investment with no allowance	685,000		685,000		690,000
Recorded investment with allowance	64,000		64,000		64,000
Total recorded investment	749,000		749,000		754,000
Related allowance	3,000		3,000		$ 1,000
Interest income on impaired loans recognized using an accrual method of accounting [Abstract]
Average recorded investment	750,000	645,000	752,000	541,000
Interest income recognized	$ 2,000	$ 1,000	$ 3,000	$ 3,000

LOANS, Troubled Debt Restructur

LOANS, Troubled Debt Restructurings (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)LoanContract	Jun. 30, 2020ContractLoan	Jun. 30, 2021USD ($)ContractLoan	Jun. 30, 2020ContractLoan	Dec. 31, 2020USD ($)
Troubled Debt Restructurings [Abstract]
Period of continuous payment for reclassification of nonaccrual loans to accruing status			6 months
TDR loans	$ 939,000		$ 939,000		$ 2,325,000
Specific reserves for TDR loans	91,000		91,000		253,000
TDR loans performing in compliance with modified terms	840,000		840,000		2,260,000
Commitments to advance existing TDR loans	$ 0		$ 0		$ 0
Loans Modified as TDR's [Abstract]
Number of contracts | Contract	1	0	1	0
Pre-modification outstanding recorded investment	$ 99,000		$ 99,000
Post-modification outstanding recorded investment	$ 99,000		$ 99,000
Number of TDR loans defaulted within 12 months of modification date | Loan	0	0	0	0
Consumer [Member]
Loans Modified as TDR's [Abstract]
Number of contracts | Contract	1		1
Pre-modification outstanding recorded investment	$ 99,000		$ 99,000
Post-modification outstanding recorded investment	$ 99,000		$ 99,000

LOANS, Financing Receivables by

LOANS, Financing Receivables by Credit Quality Indicator (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Risk Rating by Loan Class [Abstract]
Loans	$ 891,711	$ 893,214	$ 998,826
Pass [Member]
Risk Rating by Loan Class [Abstract]
Loans	856,087	846,139
Special Mention [Member]
Risk Rating by Loan Class [Abstract]
Loans	13,836	19,986
Substandard [Member]
Risk Rating by Loan Class [Abstract]
Loans	14,023	27,089
Doubtful [Member]
Risk Rating by Loan Class [Abstract]
Loans	7,765	0
Loss [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Commercial [Member]
Risk Rating by Loan Class [Abstract]
Loans	224,897	255,926	334,318
Commercial [Member] | Pass [Member]
Risk Rating by Loan Class [Abstract]
Loans	214,546	244,327
Commercial [Member] | Special Mention [Member]
Risk Rating by Loan Class [Abstract]
Loans	9,947	10,731
Commercial [Member] | Substandard [Member]
Risk Rating by Loan Class [Abstract]
Loans	404	868
Commercial [Member] | Doubtful [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Commercial [Member] | Loss [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Commercial Real Estate [Member]
Risk Rating by Loan Class [Abstract]
Loans	483,005	454,053	459,498
Commercial Real Estate [Member] | Pass [Member]
Risk Rating by Loan Class [Abstract]
Loans	467,965	431,381
Commercial Real Estate [Member] | Special Mention [Member]
Risk Rating by Loan Class [Abstract]
Loans	3,793	9,255
Commercial Real Estate [Member] | Substandard [Member]
Risk Rating by Loan Class [Abstract]
Loans	11,247	13,417
Commercial Real Estate [Member] | Doubtful [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Commercial Real Estate [Member] | Loss [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Agriculture [Member]
Risk Rating by Loan Class [Abstract]
Loans	86,842	95,048	96,330
Agriculture [Member] | Pass [Member]
Risk Rating by Loan Class [Abstract]
Loans	77,616	83,493
Agriculture [Member] | Special Mention [Member]
Risk Rating by Loan Class [Abstract]
Loans	96	0
Agriculture [Member] | Substandard [Member]
Risk Rating by Loan Class [Abstract]
Loans	1,365	11,555
Agriculture [Member] | Doubtful [Member]
Risk Rating by Loan Class [Abstract]
Loans	7,765	0
Agriculture [Member] | Loss [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Residential Mortgage [Member]
Risk Rating by Loan Class [Abstract]
Loans	74,018	64,497	69,687
Residential Mortgage [Member] | Pass [Member]
Risk Rating by Loan Class [Abstract]
Loans	73,696	64,018
Residential Mortgage [Member] | Special Mention [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Residential Mortgage [Member] | Substandard [Member]
Risk Rating by Loan Class [Abstract]
Loans	322	479
Residential Mortgage [Member] | Doubtful [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Residential Mortgage [Member] | Loss [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Residential Construction [Member]
Risk Rating by Loan Class [Abstract]
Loans	3,985	4,223	15,969
Residential Construction [Member] | Pass [Member]
Risk Rating by Loan Class [Abstract]
Loans	3,985	4,223
Residential Construction [Member] | Special Mention [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Residential Construction [Member] | Substandard [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Residential Construction [Member] | Doubtful [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Residential Construction [Member] | Loss [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Consumer [Member]
Risk Rating by Loan Class [Abstract]
Loans	18,964	19,467	$ 23,024
Consumer [Member] | Pass [Member]
Risk Rating by Loan Class [Abstract]
Loans	18,279	18,697
Consumer [Member] | Special Mention [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Consumer [Member] | Substandard [Member]
Risk Rating by Loan Class [Abstract]
Loans	685	770
Consumer [Member] | Doubtful [Member]
Risk Rating by Loan Class [Abstract]
Loans	0	0
Consumer [Member] | Loss [Member]
Risk Rating by Loan Class [Abstract]
Loans	$ 0	$ 0

LOANS, Allowance for Loan Losse

LOANS, Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Allowance for credit losses [Roll Forward]
Beginning balance	$ 15,713	$ 12,869	$ 15,416	$ 12,356	$ 12,356
Provision for (reversal of) loan losses	0	800	300	1,450	3,050
Charge-offs	(337)	(43)	(353)	(197)	(227)
Recoveries	3	5	16	22	237
Net (charge-offs) recoveries	(334)	(38)	(337)	(175)	10
Ending balance	15,379	13,631	15,379	13,631	15,416
Period-end amount allocated to [Abstract]
Loans individually evaluated for impairment	4,081	260	4,081	260	2,347
Loans collectively evaluated for impairment	11,298	13,371	11,298	13,371	13,069
Ending balance	15,379	13,631	15,379	13,631	15,416
Loans individually and collectively evaluated for impairment [Abstract]
Loans individually evaluated for impairment	17,397	19,025	17,397	19,025	17,471
Loans collectively evaluated for impairment	874,314	979,801	874,314	979,801	875,743
Ending balance	891,711	998,826	891,711	998,826	893,214
Commercial [Member]
Allowance for credit losses [Roll Forward]
Beginning balance	1,468	2,606	2,252	2,354	2,354
Provision for (reversal of) loan losses	421	(230)	(358)	156	(91)
Charge-offs	(334)	(39)	(347)	(184)	(212)
Recoveries	0	1	8	12	201
Net (charge-offs) recoveries	(334)	(38)	(339)	(172)	(11)
Ending balance	1,555	2,338	1,555	2,338	2,252
Period-end amount allocated to [Abstract]
Loans individually evaluated for impairment	0	19	0	19	11
Loans collectively evaluated for impairment	1,555	2,319	1,555	2,319	2,241
Ending balance	1,555	2,338	1,555	2,338	2,252
Loans individually and collectively evaluated for impairment [Abstract]
Loans individually evaluated for impairment	28	1,473	28	1,473	1,024
Loans collectively evaluated for impairment	224,869	332,845	224,869	332,845	254,902
Ending balance	224,897	334,318	224,897	334,318	255,926
Commercial Real Estate [Member]
Allowance for credit losses [Roll Forward]
Beginning balance	7,561	7,406	7,915	6,846	6,846
Provision for (reversal of) loan losses	(223)	28	(577)	588	1,069
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0	0
Ending balance	7,338	7,434	7,338	7,434	7,915
Period-end amount allocated to [Abstract]
Loans individually evaluated for impairment	0	0	0	0	0
Loans collectively evaluated for impairment	7,338	7,434	7,338	7,434	7,915
Ending balance	7,338	7,434	7,338	7,434	7,915
Loans individually and collectively evaluated for impairment [Abstract]
Loans individually evaluated for impairment	6,570	5,708	6,570	5,708	4,875
Loans collectively evaluated for impairment	476,435	453,790	476,435	453,790	449,178
Ending balance	483,005	459,498	483,005	459,498	454,053
Agriculture [Member]
Allowance for credit losses [Roll Forward]
Beginning balance	5,171	1,788	3,834	2,054	2,054
Provision for (reversal of) loan losses	88	(133)	1,425	(399)	1,780
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0	0
Ending balance	5,259	1,655	5,259	1,655	3,834
Period-end amount allocated to [Abstract]
Loans individually evaluated for impairment	3,990	0	3,990	0	2,093
Loans collectively evaluated for impairment	1,269	1,655	1,269	1,655	1,741
Ending balance	5,259	1,655	5,259	1,655	3,834
Loans individually and collectively evaluated for impairment [Abstract]
Loans individually evaluated for impairment	9,130	9,145	9,130	9,145	9,130
Loans collectively evaluated for impairment	77,712	87,185	77,712	87,185	85,918
Ending balance	86,842	96,330	86,842	96,330	95,048
Residential Mortgage [Member]
Allowance for credit losses [Roll Forward]
Beginning balance	680	536	635	466	466
Provision for (reversal of) loan losses	(46)	4	(1)	74	169
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0	0
Ending balance	634	540	634	540	635
Period-end amount allocated to [Abstract]
Loans individually evaluated for impairment	84	167	84	167	159
Loans collectively evaluated for impairment	550	373	550	373	476
Ending balance	634	540	634	540	635
Loans individually and collectively evaluated for impairment [Abstract]
Loans individually evaluated for impairment	669	1,067	669	1,067	1,036
Loans collectively evaluated for impairment	73,349	68,620	73,349	68,620	63,461
Ending balance	74,018	69,687	74,018	69,687	64,497
Residential Construction [Member]
Allowance for credit losses [Roll Forward]
Beginning balance	37	260	128	201	201
Provision for (reversal of) loan losses	18	(15)	(73)	44	(73)
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0	0
Ending balance	55	245	55	245	128
Period-end amount allocated to [Abstract]
Loans individually evaluated for impairment	4	73	4	73	83
Loans collectively evaluated for impairment	51	172	51	172	45
Ending balance	55	245	55	245	128
Loans individually and collectively evaluated for impairment [Abstract]
Loans individually evaluated for impairment	251	671	251	671	652
Loans collectively evaluated for impairment	3,734	15,298	3,734	15,298	3,571
Ending balance	3,985	15,969	3,985	15,969	4,223
Consumer [Member]
Allowance for credit losses [Roll Forward]
Beginning balance	186	251	214	236	236
Provision for (reversal of) loan losses	0	(27)	(30)	(9)	(43)
Charge-offs	(3)	(4)	(6)	(13)	(15)
Recoveries	3	4	8	10	36
Net (charge-offs) recoveries	0	0	2	(3)	21
Ending balance	186	224	186	224	214
Period-end amount allocated to [Abstract]
Loans individually evaluated for impairment	3	1	3	1	1
Loans collectively evaluated for impairment	183	223	183	223	213
Ending balance	186	224	186	224	214
Loans individually and collectively evaluated for impairment [Abstract]
Loans individually evaluated for impairment	749	961	749	961	754
Loans collectively evaluated for impairment	18,215	22,063	18,215	22,063	18,713
Ending balance	18,964	23,024	18,964	23,024	19,467
Unallocated [Member]
Allowance for credit losses [Roll Forward]
Beginning balance	610	22	438	199	199
Provision for (reversal of) loan losses	(258)	1,173	(86)	996	239
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0	0
Ending balance	352	1,195	352	1,195	438
Period-end amount allocated to [Abstract]
Loans individually evaluated for impairment	0	0	0	0	0
Loans collectively evaluated for impairment	352	1,195	352	1,195	438
Ending balance	$ 352	$ 1,195	$ 352	$ 1,195	$ 438

MORTGAGE OPERATIONS (Details)

MORTGAGE OPERATIONS (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
MORTGAGE OPERATIONS [Abstract]
Real estate mortgage loans serviced	$ 212,405,000		$ 212,405,000		$ 206,208,000
Key assumptions used in measuring the fair value of mortgage servicing rights [Abstract]
Constant prepayment rate			17.46%		20.22%
Discount rate			9.50%		10.00%
Weighted average life			4 years 7 months 24 days		3 years 11 months 15 days
Mortgage servicing rights [Roll Forward]
Beginning balance			$ 1,628,000
Additions			391,000
Reductions			(229,000)
Ending balance	1,790,000		1,790,000		$ 1,628,000
Valuation allowance [Roll Forward]
Beginning balance			(386,000)
Additions			0
Reductions			34,000
Ending balance	(352,000)		(352,000)		(386,000)
Mortgage servicing rights, net of valuation allowance [Roll Forward]
Beginning balance			1,242,000
Additions			391,000
Reductions			(195,000)
Ending balance	1,438,000		1,438,000
Fair value of mortgage servicing rights assets	1,438,000		1,438,000		$ 1,242,000
Contractually specified servicing fees	$ 129,000	$ 131,000	$ 263,000	$ 262,000

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	$ 561,559,000	$ 435,080,000
Assets Recorded at Fair Value on a Non-Recurring Basis [Abstract]
Mortgage servicing rights	1,438,000	1,242,000
Recurring [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	561,559,000	435,080,000
Transfers between Levels [Abstract]
Transfers from Level 1 to Level 2	0
Transfers from Level 2 to Level 1	0
Liabilities Recorded at Fair Value [Abstract]
Liabilities	0	0
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	74,601,000	38,891,000
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	486,958,000	396,189,000
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
Non-recurring [Member]
Assets Recorded at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	3,774,000	5,700,000
Mortgage servicing rights	1,438,000	1,242,000
Total assets at fair value	5,212,000	6,942,000
Liabilities Recorded at Fair Value [Abstract]
Liabilities	0	0
Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets Recorded at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	0	0
Mortgage servicing rights	0	0
Total assets at fair value	0	0
Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets Recorded at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	0	0
Mortgage servicing rights	0	0
Total assets at fair value	0	0
Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets Recorded at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	3,774,000	5,700,000
Mortgage servicing rights	1,438,000	1,242,000
Total assets at fair value	5,212,000	6,942,000
U.S. Treasury Securities [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	74,601,000	38,891,000
U.S. Treasury Securities [Member] | Recurring [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	74,601,000	38,891,000
U.S. Treasury Securities [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	74,601,000	38,891,000
U.S. Treasury Securities [Member] | Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
U.S. Treasury Securities [Member] | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
Securities of U.S. Government Agencies and Corporations [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	95,313,000	106,558,000
Securities of U.S. Government Agencies and Corporations [Member] | Recurring [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	95,313,000	106,558,000
Securities of U.S. Government Agencies and Corporations [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
Securities of U.S. Government Agencies and Corporations [Member] | Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	95,313,000	106,558,000
Securities of U.S. Government Agencies and Corporations [Member] | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
Obligations of States and Political Subdivisions [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	37,160,000	32,882,000
Obligations of States and Political Subdivisions [Member] | Recurring [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	37,160,000	32,882,000
Obligations of States and Political Subdivisions [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
Obligations of States and Political Subdivisions [Member] | Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	37,160,000	32,882,000
Obligations of States and Political Subdivisions [Member] | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
Collateralized Mortgage Obligations [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	112,084,000	73,460,000
Collateralized Mortgage Obligations [Member] | Recurring [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	112,084,000	73,460,000
Collateralized Mortgage Obligations [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
Collateralized Mortgage Obligations [Member] | Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	112,084,000	73,460,000
Collateralized Mortgage Obligations [Member] | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
Mortgage-backed Securities [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	242,401,000	183,289,000
Mortgage-backed Securities [Member] | Recurring [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	242,401,000	183,289,000
Mortgage-backed Securities [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	0	0
Mortgage-backed Securities [Member] | Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	242,401,000	183,289,000
Mortgage-backed Securities [Member] | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets Recorded at Fair Value on a Recurring Basis [Abstract]
Total investments at fair value	$ 0	$ 0

FAIR VALUE MEASUREMENTS, Key Me

FAIR VALUE MEASUREMENTS, Key Methods and Assumptions Used (Details)	Jun. 30, 2021	Dec. 31, 2020
Collateral, Market, Income, Enterprise and Liquidation [Member] | Selling Costs [Member] | Minimum [Member]
Key methods and assumptions used in measuring fair value [Abstract]
Impaired loans, measurement input	0.06	0.06
Collateral, Market, Income, Enterprise and Liquidation [Member] | Selling Costs [Member] | Maximum [Member]
Key methods and assumptions used in measuring fair value [Abstract]
Impaired loans, measurement input	0.10	0.10
Discounted Cash Flows [Member] | Discount Rate Factor [Member]
Key methods and assumptions used in measuring fair value [Abstract]
Mortgage servicing rights, measurement input	0.0950	0.1000
Discounted Cash Flows [Member] | Constant Prepayment Rate [Member]
Key methods and assumptions used in measuring fair value [Abstract]
Mortgage servicing rights, measurement input	0.1746	0.2022

FAIR VALUE MEASUREMENTS, Fair V

FAIR VALUE MEASUREMENTS, Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Carrying Amount [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	$ 332,595	$ 267,177
Carrying Amount [Member] | Level 2 [Member]
Financial assets [Abstract]
Certificates of deposit	13,003	16,923
Loans receivable [Abstract]
Loans held-for-sale	1,306	9,190
Interest receivable	4,804	5,099
Financial liabilities [Abstract]
Federal Home Loan Bank advances	0	5,000
Interest payable	62	59
Carrying Amount [Member] | Level 3 [Member]
Financial assets [Abstract]
Stock in Federal Home Loan Bank and other equity securities	7,097	6,480
Loans receivable [Abstract]
Net loans	872,750	875,830
Financial liabilities [Abstract]
Deposits	1,663,227	1,478,162
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	332,595	267,177
Fair Value [Member] | Level 2 [Member]
Financial assets [Abstract]
Certificates of deposit	13,367	17,455
Loans receivable [Abstract]
Loans held-for-sale	1,332	9,522
Interest receivable	4,804	5,099
Financial liabilities [Abstract]
Federal Home Loan Bank advances	0	4,996
Interest payable	62	59
Fair Value [Member] | Level 3 [Member]
Financial assets [Abstract]
Stock in Federal Home Loan Bank and other equity securities	7,097	6,480
Loans receivable [Abstract]
Net loans	819,330	830,448
Financial liabilities [Abstract]
Deposits	$ 1,642,997	$ 1,457,051

FINANCIAL INSTRUMENTS WITH OF_3

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off-balance sheet credit risks	$ 181,701,000	$ 191,880,000
Undisbursed Loan Commitments [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off-balance sheet credit risks	178,389,000	189,097,000
Standby Letters of Credit [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off-balance sheet credit risks	3,122,000	1,731,000
Financial Standby Letter of Credit [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off-balance sheet credit risks	0	0
Draw on outstanding letters of credit	0	0
Performance Standby Letters of Credit [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off-balance sheet credit risks	3,122,000	1,731,000
Draw on outstanding letters of credit	0	0
Commitments to Sell Loans [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off-balance sheet credit risks	190,000	1,052,000
Derivative [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off-balance sheet credit risks	0	0
Reserve for Off-balance Sheet Activity [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Reserve for unfunded commitments	$ 650,000	$ 950,000

STOCK PLANS (Details)

STOCK PLANS (Details)	Jan. 27, 2021	Jun. 30, 2021
Dividends [Abstract]
Stock dividend percentage	5.00%
Dividends, date declared		Jan. 27, 2021
Dividends, date to be paid		Mar. 25, 2021
Dividends, date of record		Feb. 26, 2021

STOCK PLANS, Stock Options (Det

STOCK PLANS, Stock Options (Details) - Stock Options [Member] - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021	Jun. 30, 2020
Stock options, number of shares [Roll Forward]
Balance, beginning of period (in shares)	597,947	607,631	607,631
Granted (in shares)	0		0
Expired (in shares)	0		0
Cancelled / Forfeited (in shares)	0		0
Exercised (in shares)	0		(9,684)
Balance, end of period (in shares)	597,947	597,947	597,947
Exercisable (vested) at end of period (in shares)	394,704		394,704
Stock options, weighted average exercise price [Roll Forward]
Balance, beginning of period (in dollars per share)	$ 9.01	$ 8.91	$ 8.91
Granted (in dollars per share)	0		0
Expired (in dollars per share)	0		0
Cancelled / Forfeited (in dollars per share)	0		0
Exercised (in dollars per share)	0		3.31
Balance, end of period (in dollars per share)	9.01	$ 9.01	9.01
Exercisable (vested) at end of period (in dollars per share)	$ 8.21		$ 8.21
Stock options, additional disclosures [Abstract]
Outstanding, aggregate intrinsic value	$ 1,342,898		$ 1,342,898
Exercisable (vested), aggregate intrinsic value	$ 1,200,243		$ 1,200,243
Outstanding, weighted average remaining contractual term	6 years 3 months 29 days		6 years 3 months 29 days
Exercisable (vested), weighted average remaining contractual term	5 years 4 months 9 days		5 years 4 months 9 days
Intrinsic value of options exercised			$ 63,000	$ 96,000
Fair value of awards vested			182,000	$ 149,000
Unrecognized compensation related to non-vested stock options	$ 246,000		$ 246,000
Unrecognized compensation cost, period for recognition			2 years 29 days
Recognized compensation cost	$ 35,000		$ 75,000

STOCK PLANS, Restricted Stock (

STOCK PLANS, Restricted Stock (Details) - Restricted Stock [Member]	3 Months Ended	6 Months Ended
	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares
Non-vested restricted stock awards, number of shares [Roll Forward]
Outstanding at beginning of period (in shares) | shares	160,147	148,699
Granted (in shares) | shares	3,000	43,320
Cancelled / Forfeited (in shares) | shares	0	0
Exercised / Released / Vested (in shares) | shares	(1,708)	(30,580)
Outstanding at end of period (in shares) | shares	161,439	161,439
Non-vested restricted stock awards, weighted average grant-date fair value [Roll Forward]
Outstanding at beginning of period (in dollars per share) | $ / shares	$ 10.46	$ 10.31
Granted (in dollars per share) | $ / shares	11.45	10.50
Cancelled/Forfeited (in dollars per share) | $ / shares	0	0
Exercised / Released / Vested (in dollars per share) | $ / shares	10.59	9.70
Outstanding at end of period (in dollars per share) | $ / shares	$ 10.47	$ 10.47
Non-vested restricted stock awards, additional disclosures [Abstract]
Outstanding, aggregate intrinsic value | $	$ 1,816,189	$ 1,816,189
Outstanding, weighted average remaining contractual term	2 years 9 months 10 days	2 years 9 months 10 days
Unrecognized compensation related to restricted stock | $	$ 955,000	$ 955,000
Unrecognized compensation cost, period for recognition		2 years 9 months 10 days
Recognized compensation cost | $	$ 105,000	$ 201,000

STOCK PLANS, Employee Stock Pur

STOCK PLANS, Employee Stock Purchase Plan ("ESPP") (Details) - USD ($)	Jan. 27, 2021	Jun. 30, 2021	Jun. 30, 2021
Employee Stock Purchase Plan [Abstract]
Stock dividend percentage	5.00%
Dividends, date declared			Jan. 27, 2021
Dividends, date to be paid			Mar. 25, 2021
Dividends, date of record			Feb. 26, 2021
Employee Stock Purchase Plan [Member]
Employee Stock Purchase Plan [Abstract]
Unrecognized compensation cost		$ 16,000	$ 16,000
Weighted average period to recognize the unrecognized compensation			6 months
Recognized compensation cost		$ 8,000	$ 16,000
Weighted average fair value option at issuance date (in dollars per share)			$ 2.38
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Risk free interest rate		0.10%	0.10%
Expected dividend yield		0.00%	0.00%
Expected life		1 year	1 year
Expected price volatility		25.30%	25.30%
2016 Amended Employee Stock Purchase Plan [Member]
Employee Stock Purchase Plan [Abstract]
Shares authorized for issuance under plan (in shares)		325,543	325,543
Purchase price of stock in percentage for participation			85.00%
2016 Amended Employee Stock Purchase Plan [Member] | Minimum [Member]
Employee Stock Purchase Plan [Abstract]
Eligibility employment period required for plan participation			90 days
2016 Amended Employee Stock Purchase Plan [Member] | Maximum [Member]
Employee Stock Purchase Plan [Abstract]
Plan participation period			27 months
Percentage of employee compensation that can be withheld to purchase common stock			10.00%

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Activity in accumulated other comprehensive income (loss) [Roll Forward]
Balance	$ 149,799	$ 150,657	$ 140,793	$ 132,915	$ 150,657	$ 132,915
Current period other comprehensive income (loss)	146	(4,172)	1,239	5,069	(4,026)	6,308
Balance	152,474	149,799	144,886	140,793	152,474	144,886
Accumulated Other Comprehensive Income (Loss) [Member]
Activity in accumulated other comprehensive income (loss) [Roll Forward]
Balance	866	5,038	5,203	134	5,038	134
Current period other comprehensive income (loss)	146	(4,172)	1,239	5,069
Balance	1,012	866	6,442	5,203	1,012	6,442
Unrealized Gains (Losses) on Securities [Member]
Activity in accumulated other comprehensive income (loss) [Roll Forward]
Balance	3,024	7,196	6,630	1,561	7,196	1,561
Current period other comprehensive income (loss)	146		1,239		(4,026)	6,308
Balance	3,170	3,024	7,869	6,630	3,170	7,869
Officers' Retirement Plan [Member]
Activity in accumulated other comprehensive income (loss) [Roll Forward]
Balance	(2,105)	(2,105)	(1,411)	(1,411)	(2,105)	(1,411)
Current period other comprehensive income (loss)	0		0		0	0
Balance	(2,105)	(2,105)	(1,411)	(1,411)	(2,105)	(1,411)
Directors' Retirement Plan [Member]
Activity in accumulated other comprehensive income (loss) [Roll Forward]
Balance	(53)	(53)	(16)	(16)	(53)	(16)
Current period other comprehensive income (loss)	0		0		0	0
Balance	$ (53)	$ (53)	$ (16)	$ (16)	$ (53)	$ (16)

OUTSTANDING SHARES AND EARNIN_3

OUTSTANDING SHARES AND EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 27, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
OUTSTANDING SHARES AND EARNINGS PER SHARE [Abstract]
Stock dividend percentage	5.00%
Dividends, date declared						Jan. 27, 2021
Dividends, date to be paid						Mar. 25, 2021
Dividends, date of record						Feb. 26, 2021
Basic earnings per share [Abstract]
Net income		$ 3,306	$ 3,178	$ 2,705	$ 2,679	$ 6,484	$ 5,384
Weighted average common shares outstanding (in shares)		13,520,646		13,471,089		13,507,501	13,454,992
Basic EPS (in dollars per share)		$ 0.24		$ 0.20		$ 0.48	$ 0.40
Diluted earnings per share [Abstract]
Net income		$ 3,306	$ 3,178	$ 2,705	$ 2,679	$ 6,484	$ 5,384
Weighted average common shares outstanding (in shares)		13,520,646		13,471,089		13,507,501	13,454,992
Effect of dilutive shares (in shares)		176,796		95,828		164,932	125,634
Adjusted weighted average common shares outstanding (in shares)		13,697,442		13,566,917		13,672,433	13,580,626
Diluted EPS (in dollars per share)		$ 0.24		$ 0.20		$ 0.47	$ 0.40
Stock Options [Member]
Antidilutive Securities [Abstract]
Antidilutive securities excluded from EPS computation (in shares)		226,654		424,475		285,105	424,475
Restricted Stock [Member]
Antidilutive Securities [Abstract]
Antidilutive securities excluded from EPS computation (in shares)		0		45,239		20,049	44,138

LEASES (Details)

LEASES (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)Location	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Lessee, Operating Lease, Description [Abstract]
Number of branch and administrative locations leased | Location			10
Lease right-of-use assets	$ 5,410,000		$ 5,410,000		$ 5,913,000
Lease liabilities	5,946,000		5,946,000		6,453,000
Lease expenses	292,000	$ 311,000	585,000	$ 620,000
Maturities of Remaining Lease Liabilities [Abstract]
2021	591,000		591,000
2022	1,083,000		1,083,000
2023	948,000		948,000
2024	840,000		840,000
2025	817,000		817,000
2026 and thereafter	2,192,000		2,192,000
Total lease payments	6,471,000		6,471,000
Less: interest	(525,000)		(525,000)
Present value of lease liabilities	5,946,000		5,946,000		$ 6,453,000
Cash paid for amounts included in the measurement of lease liabilities [Abstract]
Operating cash flows from operating leases	293,000	300,000	583,000	549,000
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 0	$ 221,000	$ 0	$ 221,000
Weighted Average Operating Lease Term and Discount Rate [Abstract]
Weighted-average remaining lease term - operating leases, in years	6 years 10 months 20 days		6 years 10 months 20 days		7 years 2 months 23 days
Weighted-average discount rate - operating leases	2.43%		2.43%		2.43%
Minimum [Member]
Lessee, Operating Lease, Description [Abstract]
Renewal lease term	3 years		3 years
Maximum [Member]
Lessee, Operating Lease, Description [Abstract]
Renewal lease term	10 years		10 years

SHORT-TERM BORROWINGS (Details)

SHORT-TERM BORROWINGS (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Short-Term Borrowings [Abstract]
Short-term borrowings	$ 0	$ 5,000,000
Federal Home Loan Bank Advances [Member] | COVID-19 Relief and Recovery Advances Program [Member]
Short-Term Borrowings [Abstract]
Short-term borrowings	$ 5,000,000	$ 0
Interest rate	0.00%
Remaining collateral borrowing capacity with FHLB	$ 285,452,000
Line of Credit [Member]
Short-Term Borrowings [Abstract]
Unsecured lines of credit with correspondent banks	$ 122,000,000