New Peoples Bankshares (NWPP) 10-Q 15 Nov 21 2022 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2021	Nov. 15, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	000-33411
Entity Registrant Name	NEW PEOPLES BANKSHARES, INC.
Entity Central Index Key	0001163389
Entity Tax Identification Number	31-1804543
Entity Incorporation, State or Country Code	VA
Entity Address, Address Line One	67 Commerce Drive
Entity Address, City or Town	Honaker
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	24260
City Area Code	276
Local Phone Number	873-7000
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		23,922,086

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
INTEREST AND DIVIDEND INCOME
Loans including fees	$ 7,602	$ 7,271	$ 21,483	$ 21,483
Interest-earning deposits with banks	28	16	69	191
Investments	388	245	969	814
Dividends on equity securities (restricted)	26	34	90	108
Total Interest and Dividend Income	8,044	7,566	22,611	22,597
INTEREST EXPENSE
Deposits	522	1,024	1,780	3,417
Borrowed funds	104	128	349	484
Total Interest Expense	626	1,152	2,129	3,901
NET INTEREST INCOME	7,418	6,414	20,482	18,696
NET INTEREST INCOME AFTER
PROVISION FOR LOAN LOSSES	7,418	5,964	20,110	16,696
NONINTEREST INCOME
Service charges and fees	1,001	859	2,674	2,238
Card processing and interchange	982	892	2,918	2,480
Insurance and investment fees	222	206	723	447
Net gain on sales of available-for-sale securities	322		322	4
Other noninterest income	443	159	840	744
Total Noninterest Income	2,970	2,116	7,477	5,913
NONINTEREST EXPENSES
Salaries and employee benefits	3,239	2,981	9,417	10,300
Occupancy and equipment expense	2,215	1,132	4,575	3,395
Data processing and telecommunications	609	604	1,835	1,881
Other operating expenses	2,004	1,565	5,313	5,149
Total Noninterest Expenses	8,067	6,282	21,140	20,725
INCOME BEFORE INCOME TAXES	2,321	1,798	6,447	1,884
INCOME TAX EXPENSE	476	374	1,354	385
NET INCOME	$ 1,845	$ 1,424	$ 5,093	$ 1,499
Income Per Share
Basic and diluted	$ 0.08	$ 0.06	$ 0.21	$ 0.06
Average Weighted Shares of Common Stock
Basic and diluted	23,922,086	23,922,086	23,922,086	23,922,086
Federal funds sold			$ 0	$ 1

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
NET INCOME	$ 1,845	$ 1,424	$ 5,093	$ 1,499
Investment securities activity
Unrealized (losses) gains arising during the period	(45)	28	(629)	1,039
in net income	(322)	0	(322)	(4)
Other comprehensive (loss) gain on investment securities	(367)	28	(951)	1,035
Related tax benefit (expense)	76	(6)	199	(217)
TOTAL OTHER COMPREHENSIVE (LOSS) INCOME	(291)	22	(752)	818
TOTAL COMPREHENSIVE INCOME	$ 1,554	$ 1,446	$ 4,341	$ 2,317

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 16,851	$ 16,023
Interest-bearing deposits with banks	69,577	76,105
Federal funds sold	114	222
Total Cash and Cash Equivalents	86,542	92,350
Investment securities available-for-sale	105,228	48,406
Loans held for sale	109	389
Loans receivable	574,053	575,566
Allowance for loan losses	(6,657)	(7,191)
Net loans	567,396	568,375
Bank premises and equipment, net	19,711	22,174
Other real estate owned	2,318	3,334
Accrued interest receivable	2,142	2,392
Deferred taxes, net	1,974	3,126
Right-of-use assets – operating leases	5,151	5,439
Other assets	10,278	10,317
Total Assets	800,849	756,302
Deposits:
Noninterest bearing	255,443	223,725
Interest-bearing	458,046	444,287
Total Deposits	713,489	668,012
Borrowed funds	16,496	21,496
Lease liabilities – operating leases	5,151	5,439
Accrued interest payable	290	436
Accrued expenses and other liabilities	2,905	2,742
Total Liabilities	738,331	698,125
STOCKHOLDERS’ EQUITY
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,922,086 shares issued and outstanding at September 30, 2021 and December 31, 2020	47,844	47,844
Additional paid-in-capital	14,570	14,570
Retained earnings (deficit)	114	(4,979)
Accumulated other comprehensive (loss) income	(10)	742
Total Stockholders’ Equity	62,518	58,177
Total Liabilities and Stockholders’ Equity	$ 800,849	$ 756,302

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common Stock, Par or Stated Value Per Share	$ 2	$ 2
Common Stock, Shares Authorized	50,000,000	50,000,000
Common Stock, Shares, Issued	23,922,086	23,922,086
Common Stock, Shares, Outstanding	23,922,086	23,922,086

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 47,844	$ 14,570	$ (7,869)	$ 57	$ 54,602
Balance at beginning, shares at Dec. 31, 2019	23,922
Net income			46		46
Other comprehensive income, net of tax				603	603
Ending balance, value at Mar. 31, 2020	$ 47,844	14,570	(7,823)	660	55,251
Balance at ending, shares at Mar. 31, 2020	23,922
Beginning balance, value at Dec. 31, 2019	$ 47,844	14,570	(7,869)	57	54,602
Balance at beginning, shares at Dec. 31, 2019	23,922
Other comprehensive income, net of tax					818
Ending balance, value at Sep. 30, 2020	$ 47,844	14,570	(6,370)	875	56,919
Balance at ending, shares at Sep. 30, 2020	23,922
Beginning balance, value at Mar. 31, 2020	$ 47,844	14,570	(7,823)	660	55,251
Balance at beginning, shares at Mar. 31, 2020	23,922
Net income			29		29
Other comprehensive income, net of tax				193	193
Ending balance, value at Jun. 30, 2020	$ 47,844	14,570	(7,794)	853	55,473
Balance at ending, shares at Jun. 30, 2020	23,922
Net income			1,424		1,424
Other comprehensive income, net of tax				22	22
Ending balance, value at Sep. 30, 2020	$ 47,844	14,570	(6,370)	875	56,919
Balance at ending, shares at Sep. 30, 2020	23,922
Beginning balance, value at Dec. 31, 2020	$ 47,844	14,570	(4,979)	742	58,177
Balance at beginning, shares at Dec. 31, 2020	23,922
Net income			1,585		1,585
Other comprehensive income, net of tax				(415)	(415)
Ending balance, value at Mar. 31, 2021	$ 47,844	14,570	(3,394)	327	59,347
Balance at ending, shares at Mar. 31, 2021	23,922
Beginning balance, value at Dec. 31, 2020	$ 47,844	14,570	(4,979)	742	58,177
Balance at beginning, shares at Dec. 31, 2020	23,922
Other comprehensive income, net of tax					(752)
Ending balance, value at Sep. 30, 2021	$ 47,844	14,570	114	(10)	62,518
Balance at ending, shares at Sep. 30, 2021	23,922
Beginning balance, value at Mar. 31, 2021	$ 47,844	14,570	(3,394)	327	59,347
Balance at beginning, shares at Mar. 31, 2021	23,922
Net income			1,663		1,663
Other comprehensive income, net of tax				(46)	(46)
Ending balance, value at Jun. 30, 2021	$ 47,844	14,570	(1,731)	281	60,964
Balance at ending, shares at Jun. 30, 2021	23,922
Net income			1,845		1,845
Other comprehensive income, net of tax				(291)	(291)
Ending balance, value at Sep. 30, 2021	$ 47,844	$ 14,570	$ 114	$ (10)	$ 62,518
Balance at ending, shares at Sep. 30, 2021	23,922

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 5,093	$ 1,499
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	1,609	1,634
Provision for loan losses	372	2,000
Income on bank owned life insurance	(25)	(61)
Net gain on sale of securities available-for-sale	(322)	(4)
Gain on sale of mortgage loans	(95)	(144)
(Gain) Loss on sale of premises and equipment	(149)	19
Loss on sale of repossessed assets	0	2
Gain on sale of other real estate owned	(122)	(52)
Loans originated for sale	(5,494)	(10,307)
Proceeds from sales of loans originated for sale	5,869	10,116
Adjustment to carrying value of premises transferred to other real estate owned	1,067	0
Adjustment of carrying value of other real estate owned	423	132
Adjustment of carrying value of repossessed assets	0	33
Amortization/accretion of bond premiums/discounts	336	318
Deferred tax expense	1,351	385
Net change in:
Accrued interest receivable	250	(666)
Other assets	(491)	(314)
Accrued interest payable	(146)	(203)
Accrued expenses and other liabilities	212	741
Net Cash Provided by Operating Activities	9,738	5,128
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease (increase) in loans	41	(23,445)
Purchase of securities available-for-sale	(77,168)	(2,045)
Proceeds from sale of investment securities available-for-sale	7,686	1,025
Proceeds from repayments and maturities of securities available-for-sale	11,695	8,281
Net redemption (purchase) of equity securities (restricted)	555	(22)
Payments for the purchase of premises and equipment	(2,217)	(1,992)
Proceeds from sale of premises and equipment	1,203	1
Proceeds from sales of repossessed assets	0	73
Proceeds from insurance claims on other real estate owned	54	0
Proceeds from sales of other real estate owned	2,128	562
Net Cash Used in Investing Activities	(56,023)	(17,562)
CASH FLOWS FROM FINANCING ACTIVITIES
Net change in short term borrowings	(5,000)	0
Net change in noninterest bearing deposits	31,718	44,589
Net change in interest bearing deposits	13,759	(4,394)
Net Cash Provided by Financing Activities	40,477	40,195
Net (decrease) increase in cash and cash equivalents	(5,808)	27,761
Cash and Cash Equivalents, Beginning of the Period	92,350	50,147
Cash and Cash Equivalents, End of the Period	86,542	77,908
Supplemental Disclosure of Cash Paid During the Period for:
Interest	2,275	4,104
Taxes	0	0
Supplemental Disclosure of Non-cash Transactions:
Other real estate acquired in settlement of foreclosed loans	566	914
Loans made to finance sale of other real estate owned	0	428
Transfer of premises and equipment to other real estate	950	0
Change in unrealized gains on securities available for sale	$ (951)	$ 1,035

NATURE OF OPERATIONS

NATURE OF OPERATIONS	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF OPERATIONS	NOTE 1 NATURE OF OPERATIONS Nature of Operations –

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES These consolidated financial statements conform to U. S. generally accepted accounting principles (GAAP) and to general industry practices. In the opinion of management, the accompanying consolidated financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the Company’s financial position at September 30, 2021 and December 31, 2020, and the results of operations for the three and nine month periods ended September 30, 2021 and 2020. The Notes included herein should be read in conjunction with the notes to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. The results of operations for interim periods are not necessarily indicative of the results of operations that may be expected for a full year or any future period. The consolidated financial statements include New Peoples, the Bank, NPB Insurance Services, Inc., and NPB Web Services, Inc. (hereinafter, collectively referred to as the Company, we, us or our). All significant intercompany balances and transactions have been eliminated. In accordance with Accounting Standards Codification (ASC) 942, Financial Services – Depository and Lending, NPB Capital Trust I and 2 are not included in the consolidated financial statements. 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, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The determination of the adequacy of the allowance for loan losses and the determination of the deferred tax asset and related valuation allowance are based on estimates that are particularly susceptible to significant changes in the economic environment and market conditions.

INCOME PER SHARE

INCOME PER SHARE	9 Months Ended
	Sep. 30, 2021
Income Per Share
INCOME PER SHARE	NOTE 3 INCOME PER SHARE Basic income per share computations are based on the weighted average number of shares outstanding during each period. Dilutive earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued relate to outstanding common stock warrants and are determined by the Treasury Method. For the three-month and nine-month periods ended September 30, 2021 and 2020, there were no potential common shares. Basic and diluted net income per common share calculations follows: Schedule Basic and diluted net income per common share (Dollars in Thousands, Except For the three months For the nine months 2021 2020 2021 2020 Net income $ 1,845 $ 1,424 $ 5,093 $ 1,499 Weighted average shares outstanding 23,922,086 23,922,086 23,922,086 23,922,086 Weighted average dilutive shares outstanding 23,922,086 23,922,086 23,922,086 23,922,086 Basic and diluted income per share $ 0.08 $ 0.06 $ 0.21 $ 0.06

CAPITAL

CAPITAL	9 Months Ended
	Sep. 30, 2021
Banking Regulation, Total Capital [Abstract]
CAPITAL	NOTE 4 CAPITAL Capital Requirements and Ratios The Company meets eligibility criteria of a small bank holding company in accordance with the Federal Reserve’s Small Bank Holding Company Policy Statement issued in February 2015 and, therefore, is not obligated to report consolidated regulatory capital. The Bank is subject to various capital requirements administered by federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and, possibly, additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the following table) of total and Tier 1 capital to risk-weighted assets, Tier 1 capital to average assets, and Common Equity Tier 1 capital to risk-weighted assets. As of September 30, 2021, the Bank meets all capital adequacy requirements to which it is subject. The Bank’s actual capital amounts and ratios are presented in the following table as of September 30, 2021 and December 31, 2020, respectively. Schedule Bank’s actual capital amounts and ratios Actual Minimum Capital Requirement Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars are in thousands) Amount Ratio Amount Ratio Amount Ratio September 30, 2021: Total Capital to Risk Weighted Assets 82,575 16.37 % $ 40,365 8.0 % $ 50,456 10.0 % Tier 1 Capital to Risk Weighted Assets 76,264 15.11 % 30,274 6.0 % 40,365 8.0 % Tier 1 Capital to Average Assets 76,264 9.53 % 32,004 4.0 % 40,005 5.0 % Common Equity Tier 1 Capital to Risk Weighted Assets 76,264 15.11 % 22,705 4.5 % 32,796 6.5 % December 31, 2020: Total Capital to Risk Weighted Assets 77,133 16.41 % $ 37,603 8.0 % $ 47,028 10.0 % Tier 1 Capital to Risk Weighted Assets 71,241 15.16 % 28,202 6.0 % 37,603 8.0 % Tier 1 Capital to Average Assets 71,241 9.49 % 30,036 4.0 % 37,545 5.0 % Common Equity Tier 1 Capital to Risk Weighted Assets 71,241 15.16 % 21,152 4.5 % 30,552 6.5 % Accordingly, as of September 30, 2021, and December 31, 2020, the Bank was well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since such dates that management believes have changed the Bank’s category. The Bank is also subject to the rules implementing the Basel III capital framework and certain related provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The final rules require the Bank to comply with the following minimum capital ratios: (i) a Common Equity Tier 1 capital to risk-weighted assets ratio of at least 4.5%, plus a 2.5% capital conservation buffer (effectively resulting in a minimum Common Equity Tier 1 capital to risk-weighted assets ratio of 7%), (ii) a ratio of Tier 1 capital to risk-weighted assets of at least 6.0%, plus the 2.5% capital conservation buffer (effectively resulting in a minimum Tier 1 capital ratio of 8.5%), (iii) a ratio of total capital to risk-weighted assets of at least 8.0%, plus the 2.5% capital conservation buffer (effectively resulting in a minimum total capital ratio of 10.5%), and (iv) a leverage ratio of 4%, calculated as the ratio of Tier 1 capital to average assets. The capital conservation buffer is designed to absorb losses during periods of economic stress. Banking institutions with a Common Equity Tier 1 capital to risk-weighted assets ratio above the minimum but below the conservation buffer face constraints on dividends, equity repurchases, and compensation based on the amount of the shortfall. All ratios shown in the table above exceed the minimum requirements. The Bank’s capital conservation buffer as of September 30, 2021, was 8.37%.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	9 Months Ended
	Sep. 30, 2021
Investment securities activity
INVESTMENT SECURITIES	NOTE 5 INVESTMENT SECURITIES The amortized cost and estimated fair value of available-for-sale (AFS) securities as of September 30, 2021 and December 31, 2020 is as follows: Schedule of estimated fair value of available-for-sale (AFS) securities Gross Gross Approximate Amortized Unrealized Unrealized Fair (Dollars are in thousands) Cost Gains Losses Value September 30, 2021 U.S. Treasuries $ 6,338 $ — $ 46 $ 6,292 U.S. Government Agencies 9,566 149 65 9,650 Taxable municipals 23,597 283 47 23,833 Corporate bonds 2,016 30 — 2,046 Mortgage backed securities 63,723 251 567 63,407 Total Securities AFS $ 105,240 $ 713 $ 725 $ 105,228 December 31, 2020 U.S. Government Agencies $ 13,852 $ 322 $ 67 $ 14,107 Taxable municipals 5,157 188 — 5,345 Corporate bonds 5,893 186 31 6,048 Mortgage backed securities 22,565 388 47 22,906 Total Securities AFS $ 47,467 $ 1,084 $ 145 $ 48,406 The following table details unrealized losses and related fair values in the AFS portfolio. This information is aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of September 30, 2021 and December 31, 2020. Schedule of unrealized loss position Less than 12 Months 12 Months or More Total (Dollars are in thousands) Fair Value Unrealized Fair Unrealized Fair Unrealized September 30, 2021 U.S. Treasuries $ 6,292 $ 46 $ — $ — $ 6,292 $ 46 U.S. Government Agencies — — 3,714 65 3,714 65 Taxable municipals 2,963 47 — — 2,963 47 Mortgage backed securities 45,419 539 817 28 46,236 567 Total Securities AFS $ 54,674 $ 632 $ 4,531 $ 93 $ 59,205 $ 725 December 31, 2020 U.S. Government Agencies $ 1,479 $ 12 $ 3,829 $ 55 $ 5,308 $ 67 Taxable municipals — — — — — — Corporate bonds 1,219 31 — — 1,219 31 Mortgage backed securities 7,517 44 218 3 7,735 47 Total Securities AFS $ 10,215 $ 87 $ 4,047 $ 58 $ 14,262 $ 145 At September 30, 2021, there were 78 securities in a loss position, of which 26 have been in a loss position for twelve months or more. Management believes that all unrealized losses have resulted from temporary changes in the interest rates and current market conditions and are not a result of credit deterioration. Management does not intend to sell, and it is not likely that the Bank will be required to sell any of the securities referenced in the table above before recovery of their amortized cost. Investment securities with a carrying value of $ 5.2 6.8 The following table summarizes sales of AFS debt securities for the nine months-ended September 30, Schedule summarizes sales of AFS debt securities (Dollars are in thousands) 2021 2020 Proceeds $ 7,686 $ 1,025 Gains 322 7 Losses — (3 ) Tax provision (benefit) 68 (1 ) The amortized cost and fair value of investment securities at September 30, 2021, by contractual maturity, are shown in the following schedule. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Schedule amortized cost and fair value of investment securities Weighted (Dollars are in thousands) Amortized Fair Average Securities Available-for-Sale Cost Value Yield Due in one year or less $ 1,255 $ 1,261 3.11 % Due after one year through five years 4,868 4,892 1.64 % Due after five years through ten years 12,072 12,166 1.66 % Due after ten years 87,045 86,909 1.59 % Total $ 105,240 $ 105,228 1.62 % The Bank, as a member of the Federal Reserve Bank and the Federal Home Loan Bank of Atlanta (FHLB), is required to hold stock in each. The Bank also owns stock in CBB Financial Corp., which is a correspondent of the Bank. These equity securities, which are included in Other Assets on the consolidated balance sheet, are restricted from trading and are recorded at a cost of $ 2.0 2.6

LOANS

LOANS	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
LOANS	NOTE 6 LOANS There were $109 thousand of loans held for sale at September 30, 2021 and $389 thousand at December 31, 2020, which represents mortgage loans originated for sale. These originations and sales are executed on a best efforts basis. Loans receivable outstanding as of September 30, 2021 and December 31, 2020 are summarized as follows: Schedule of Loans receivable on nonaccrual status (Dollars are in thousands) September 30, December 31, 2020 Real estate secured: Commercial $ 198,748 $ 179,381 Construction and land development 30,497 25,031 Residential 1-4 family 221,628 222,980 Multifamily 21,852 16,569 Farmland 19,322 18,368 Total real estate loans 492,047 462,329 Commercial 57,317 86,010 Agriculture 3,866 4,450 Consumer installment loans 18,983 20,632 All other loans 1,840 2,145 Total loans $ 574,053 $ 575,566 Included in commercial loans at September 30, 2021 and December 31, 2020 were $9.6 million and $34.8 million of Paycheck Protection Program (PPP) loans, respectively, that are guaranteed by the Small Business Administration (SBA). Fees paid by SBA for round 1 PPP loans ranged from 1% to 5% of the amount borrowed, with 5% paid on loans up to $350 thousand, 3% on loans between $350 thousand and $2 million, and 1% on loans over $2 million. For round 2 PPP loans the fee structure was modified to the lesser of 50%, or $2.5 thousand for loans up to $50 thousand, 5% on loans ranging from $50 thousand to $350 thousand; 3% on loans between $350 thousand and $2 million and 1% on loans over $2 million. Included in total loans above are net deferred fees of $390 thousand and $496 thousand, including unearned PPP loans fees, at September 30, 2021 and December 31, 2020, respectively. Income from net deferred fees is recognized as income over the lives of the respective loans as a yield adjustment. If loans repay prior to scheduled maturities any unamortized fee or cost is recognized at that time. Loans receivable on nonaccrual status as of September 30, 2021 and December 31, 2020 are summarized as follows: Schedule Of Summary Loans receivable on nonaccrual status (Dollars are in thousands) September 30, December 31, 2020 Real estate secured: Commercial $ 452 $ 2,225 Construction and land development 31 57 Residential 1-4 family 2,431 2,700 Multifamily 111 — Farmland 83 101 Total real estate loans 3,108 5,083 Commercial 8 453 Consumer installment loans and other loans 10 12 Total loans receivable on nonaccrual status $ 3,126 $ 5,548 Total interest income not recognized on nonaccrual loans for the nine months ended September 30, 2021 and September 30, 2020 was $445 thousand and $418 thousand, respectively. The following tables present information concerning the Company’s investment in loans considered impaired as of September 30, 2021 and December 31, 2020: Summary of impaired loans As of September 30, 2021 (Dollars are in thousands) Recorded Unpaid Principal Balance Related With no related allowance recorded: Real estate secured: Commercial $ 102 $ 141 $ — Construction and land development 30 305 — Residential 1-4 family 1,605 1,901 — Multifamily — — — Farmland 344 513 — Commercial — — — Agriculture — — — Consumer installment loans 2 3 — All other loans — — — With an allowance recorded: Real estate secured: Commercial 333 386 112 Construction and land development — — — Residential 1-4 family 488 537 58 Multifamily — — — Farmland 200 211 20 Commercial 29 37 3 Agriculture — — — Consumer installment loans — — — All other loans — — — Total $ 3,133 $ 4,034 $ 193 As of December 31, 2020 (Dollars are in thousands) Recorded Unpaid Principal Balance Related With no related allowance recorded: Real estate secured: Commercial $ 385 $ 386 $ — Construction and land development 99 376 — Residential 1-4 family 1,662 1,898 — Multifamily — — — Farmland 391 560 — Commercial — — — Agriculture — — — Consumer installment loans 5 6 — All other loans — — — With an allowance recorded: Real estate secured: Commercial 1,566 1,678 574 Construction and land development — — — Residential 1-4 family 337 365 72 Multifamily — — — Farmland 208 220 2 Commercial 429 437 404 Agriculture — — — Consumer installment loans — — — All other loans — — — Total $ 5,082 $ 5,926 $ 1,052 The following tables present information concerning the Company’s average impaired loans and interest recognized on those impaired loans, for the periods indicated: Nine Months Ended September 30, 2021 September 30, 2020 (Dollars are in thousands) Average Interest Average Interest Real estate secured: Commercial $ 281 $ — $ 2,004 $ 1 Construction and land development 75 9 87 12 Residential 1-4 family 1,773 24 1,819 49 Multifamily — — — — Farmland 467 14 590 51 Commercial — — 74 1 Agriculture — — — — Consumer installment loans 3 — 3 — All other loans — — — — With an allowance recorded: Real estate secured: Commercial 1,010 3 493 — Construction and land development — — — — Residential 1-4 family 338 6 104 3 Multifamily — — — — Farmland 102 4 213 7 Commercial 129 1 160 1 Agriculture — — — — Consumer installment loans — — — — All other loans — — — — Total $ 4,178 $ 61 $ 5,547 $ 125 Three Months Ended September 30, 2021 September 30, 2020 (Dollars are in thousands) Average Interest Average Interest Real estate secured: Commercial $ 122 $ — $ 1,673 $ — Construction and land development 56 5 107 8 Residential 1-4 family 1,764 10 2,334 36 Multifamily — — — — Farmland 452 5 419 41 Commercial — — 33 — Agriculture — — — — Consumer installment loans 3 — 7 — All other loans — — — — With an allowance recorded: Real estate secured: Commercial 519 — 553 — Construction and land development — — — — Residential 1-4 family 357 6 154 3 Multifamily — — — — Farmland 100 4 211 5 Commercial 29 — 34 1 Agriculture — — — — Consumer installment loans — — — — All other loans — — — — Total $ 3,402 $ 30 $ 5,525 $ 94 An age analysis of past due loans receivable as of September 30, 2021 and December 31, 2020 is below. At September 30, 2021 and December 31, 2020, no loans over 90 days past due were accruing. Summary age analysis of past due loans receivable As of September 30, 2021 (Dollars are in thousands) Loans Loans Loans Total Current Total Real estate secured: Commercial 45 $ — — 45 198,703 $ 198,748 Construction and land development 21 32 — 53 30,444 30,497 Residential 1-4 family 1,228 667 411 2,306 219,322 221,628 Multifamily 111 — — 111 21,741 21,852 Farmland 119 — — 119 19,203 19,322 Total real estate loans 1,524 699 411 2,634 489,413 492,047 Commercial 5 7 — 12 57,305 57,317 Agriculture 1 — — 1 3,865 3,866 Consumer installment loans 46 3 — 49 18,934 18,983 All other loans — — — — 1,840 1,840 Total loans 1,576 $ 709 411 2,696 571,357 $ 574,053 As of December 31, 2020 (Dollars are in thousands) Loans Loans Loans Total Current Total Real estate secured: Commercial $ 969 $ — $ — $ 969 $ 178,412 $ 179,381 Construction and land development 64 — — 64 24,967 25,031 Residential 1-4 family 5,717 615 690 7,022 215,958 222,980 Multifamily — — — — 16,569 16,569 Farmland 57 — — 57 18,311 18,368 Total real estate loans 6,807 615 690 8,112 454,217 462,329 Commercial 214 — — 214 85,796 86,010 Agriculture 7 1 — 8 4,442 4,450 Consumer installment loans 214 22 — 236 20,396 20,632 All other loans — — — — 2,145 2,145 Total loans $ 7,242 $ 638 $ 690 $ 8,570 $ 566,996 $ 575,566 The Company categorizes loans receivable into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans receivable as to credit risk. The Company uses the following definitions for risk ratings: Pass Special Mention Substandard A substandard loan is inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified as substandard must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt; they are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful Loans classified doubtful have all the weaknesses inherent in loans classified as substandard, plus the added characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. Based on the most recent analysis performed, the risk categories of loans receivable as of September 30, 2021 and December 31, 2020 were as follows: Schedule of summary of category of loans receivable As of September 30, 2021 (Dollars are in thousands) Pass Special Substandard Doubtful Total Real estate secured: Commercial $ 189,216 $ 9,079 $ 453 $ — $ 198,748 Construction and land development 30,300 165 32 — 30,497 Residential 1-4 family 218,305 893 2,430 — 221,628 Multifamily 21,517 224 111 — 21,852 Farmland 18,562 677 83 — 19,322 Total real estate loans 477,900 11,038 3,109 — 492,047 Commercial 56,081 1,227 9 — 57,317 Agriculture 3,866 — — — 3,866 Consumer installment loans 18,972 2 9 — 18,983 All other loans 1,840 — — — 1,840 Total $ 558,659 $ 12,267 $ 3,127 $ — $ 574,053 As of December 31, 2020 (Dollars are in thousands) Pass Special Substandard Doubtful Total Real estate secured: Commercial $ 171,212 $ 6,112 $ 2,057 $ — $ 179,381 Construction and land development 23,168 1,806 57 — 25,031 Residential 1-4 family 218,947 1,304 2,729 — 222,980 Multifamily 16,337 232 — — 16,569 Farmland 17,019 1,249 100 — 18,368 Total real estate loans 446,683 10,703 4,943 — 462,329 Commercial 81,846 3,711 453 — 86,010 Agriculture 4,255 195 — — 4,450 Consumer installment loans 20,615 5 12 — 20,632 All other loans 2,145 — — — 2,145 Total $ 555,544 $ 14,614 $ 5,408 $ — $ 575,566

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
ALLOWANCE FOR LOAN LOSSES	NOTE 7 ALLOWANCE FOR LOAN LOSSES In determining the amount of our allowance for loan losses, we rely on an analysis of our loan portfolio, our experience and our evaluation of general economic conditions. If our assumptions prove to be incorrect, our current allowance may not be sufficient to cover future loan losses and we may experience significant increases to our provision. Due to the underlying SBA guarantee provided for PPP loans, these accounts were not included in either the portfolio segment or impairment calculations at September 30, 2021 and December 31, 2020. Additionally, due to uncertainties presented by the ongoing pandemic and the resulting economic uncertainty, internal and external qualitative factors were revised accordingly. This revision included reviewing our internal scoring related to loan modifications and extensions, and external factors, specifically, unemployment and other economic factors. The following table presents activity in the allowance for loan losses for the nine- and three-month periods ending September 30, 2021, and 2020, respectively. Additionally, the allocation of the allowance by recorded portfolio segment and impairment method is presented as of September 30, 2021, and December 31, 2020, respectively. Summary of activity in the allowance for loan losses Real estate secured (Dollars are in thousands) Commercial Construction and Land Development Residential 1-4 family Multifamily Farmland Commercial Agriculture Consumer and All Other Unallocated Total Nine months ended September 30, 2021 Beginning balance $ 2,281 $ 233 $ 1,951 $ 151 $ 97 $ 2,275 $ 40 $ 163 $ — $ 7,191 Charge-offs (915 ) — (48 ) — — (92 ) — (55 ) — (1,110 ) Recoveries 2 6 25 — — 134 1 36 — 204 Provision 700 (69 ) 180 6 59 (842 ) (14 ) (42 ) 394 372 Ending balance $ 2,068 $ 170 $ 2,108 $ 157 $ 156 $ 1,475 $ 27 $ 102 $ 394 $ 6,657 Three months ended September 30, 2021 Beginning balance $ 2,151 $ 155 $ 2,046 $ 160 $ 137 $ 1,916 $ 28 $ 103 $ — $ 6,696 Charge-offs — — (38 ) — — — — (27 ) — (65 ) Recoveries — 6 8 — — 3 — 9 — 26 Provision (83 ) 9 92 (3 ) 19 (444 ) (1 ) 17 394 — Ending balance $ 2,068 $ 170 $ 2,108 $ 157 $ 156 $ 1,475 $ 27 $ 102 $ 394 $ 6,657 Allowance for loan losses at September 30, 2021 Individually evluated for impairment $ 112 $ — $ 58 $ — $ 20 $ 3 $ — $ — $ — $ 193 Collectively evaluated for impairment 1,956 170 2,050 157 136 1,472 27 102 394 6,464 Total $ 2,068 $ 170 $ 2,108 $ 157 $ 156 $ 1,475 $ 27 $ 102 $ 394 $ 6,657 Loans at September 30, 2021 Individually evluated for impairment $ 435 $ 30 $ 2,093 $ — $ 544 $ 29 $ — $ 2 $ — $ 3,133 Collectively evaluated for impairment 198,313 30,467 219,535 21,852 18,778 57,288 3,866 20,821 — 570,920 Total $ 198,748 $ 30,497 $ 221,628 $ 21,852 $ 19,322 $ 57,317 $ 3,866 $ 20,823 $ — $ 574,053 Real estate secured (Dollars are in thousands) Commercial Construction and Land Development Residential 1-4 family Multifamily Farmland Commercial Agriculture Consumer and All Other Unallocated Total Allowance for loan losses at December 31, 2020 Individually evluat ed for impairment $ 574 $ — $ 72 $ — $ 2 $ 404 $ — $ — $ — $ 1,052 Collectively evaluated for impairment 1,707 233 1,879 151 95 1,871 40 163 — 6,139 Total $ 2,281 $ 233 $ 1,951 $ 151 $ 97 $ 2,275 $ 40 $ 163 $ — $ 7,191 Loans at December 31, 2020 Individually evluated for impairment $ 1,951 $ 99 $ 1,999 $ — $ 599 $ 429 $ — $ 5 $ — $ 5,082 Collectively evaluated for impairment 177,430 24,932 220,981 16,569 17,769 85,581 4,450 22,772 — 570,484 Total $ 179,381 $ 25,031 $ 222,980 $ 16,569 $ 18,368 $ 86,010 $ 4,450 $ 22,777 $ — $ 575,566 Real estate secured (Dollars are in thousands) Commercial Construction and Land Development Residential 1-4 family Multifamily Farmland Commercial Agriculture Consumer and All Other Unallocated Total Nine months ended September 30, 2020 Beginning balance $ 1,248 $ 158 $ 1,736 $ 104 $ 109 $ 1,789 $ 27 $ 195 $ 2 $ 5,368 Charge-offs (65 ) — (66 ) — (42 ) (326 ) (15 ) (59 ) — (573 ) Recoveries 56 — 31 — 33 34 1 37 — 192 Provision 874 32 361 44 20 627 31 13 (2 ) 2,000 Ending balance $ 2,113 $ 190 $ 2,062 $ 148 $ 120 $ 2,124 $ 44 $ 186 $ — $ 6,987 Three months ended September 30, 2020 Beginning balance $ 2,054 $ 169 $ 2,039 $ 145 $ 121 $ 1,817 $ 49 $ 181 $ — $ 6,575 Charge-offs (43 ) — (66 ) — — — — (15 ) — (124 ) Recoveries 54 — 14 — — 3 — 15 — 86 Provision 48 21 75 3 (1 ) 304 (5 ) 5 — 450 Ending balance $ 2,113 $ 190 $ 2,062 $ 148 $ 120 $ 2,124 $ 44 $ 186 $ — $ 6,987 Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

TROUBLED DEBT RESTRUCTURINGS

TROUBLED DEBT RESTRUCTURINGS	9 Months Ended
	Sep. 30, 2021
Troubled Debt Restructurings
TROUBLED DEBT RESTRUCTURINGS	NOTE 8 TROUBLED DEBT RESTRUCTURINGS There were $2.8 million in loans that were classified as troubled debt restructurings (TDRs) at September 30, 2021 and $4.0 million at December 31, 2020. All loans considered to be TDRs are individually evaluated for impairment as part of the allowance for loan losses calculation. The following table presents information related to loans modified as TDRs during the nine and three months ended September 30, 2021 and 2020. Schedule of loans modified as TDRs For the nine months ended For the nine months ended Troubled Debt Restructurings (Dollars are in thousands) # of Loans Pre-Mod. Recorded Investment Post-Mod. # of Pre-Mod. Post-Mod. Real estate secured: Commercial — $ — $ — 3 $ 190 $ 190 Construction and land — — — — — — Residential 1-4 family — — — 27 1,236 1,236 Multifamily — — — — — — Farmland — — — — — — Total real estate loans — — — 30 1,426 1,426 Commercial Agriculture — — — — — — Consumer installment loans — — — 2 7 7 All other loans — — — — — — Total — $ — $ — 32 $ 1,433 $ 1,433 For the three months ended For the three months ended Troubled Debt Restructurings (Dollars are in thousands) # of Loans Pre-Mod. Recorded Investment Post-Mod. # of Pre-Mod. Post-Mod. Real estate secured: Commercial — $ — $ — — $ — $ — Construction and land — — — — — — Residential 1-4 family — — — 1 32 32 Multifamily — — — — — — Farmland — — — — — — Total real estate loans — — — 1 32 32 Commercial Agriculture — — — — — — Consumer installment loans — — — — — — All other loans — — — — — — Total — $ — $ — 1 $ 32 $ 32 During the three months and nine months ended September 30, 2021, no loans were modified for which the modification was considered to be a troubled dept restructuring. During the three months ended September 30, 2020, one modified loan with a balance of $ 32 1.4 During the three months ended September 30, 2021, one loan with a balance of $ 119 1.1 835 During the three months ended September 30, 2020, no loans previously modified as troubled debt restructurings defaulted. During the nine months ended September 30, 2020, one loan previously modified as a troubled debt restructuring, with a balance of $ 31 663 In determining the allowance for loan losses, management considers TDRs and subsequent defaults in these restructurings in its estimate. The Company evaluates all TDRs for possible further impairment. As a result, the allowance may be increased, adjustments may be made in the allocation of the allowance, or charge-offs may be taken to further write down the carrying value of the loan.

OTHER REAL ESTATE OWNED

OTHER REAL ESTATE OWNED	9 Months Ended
	Sep. 30, 2021
Real Estate [Abstract]
OTHER REAL ESTATE OWNED	NOTE 9 OTHER REAL ESTATE OWNED The following table summarizes the activity in other real estate owned for the nine months ended September 30, 2021 and the year ended December 31, 2020: Schedule Of other real estate owned (Dollars are in thousands) September 30, December 31, 2020 Balance, beginning of period $ 3,334 $ 3,393 Additions 566 1,128 Transfers from premises and equipment 950 — Proceeds from sales (2,128 ) (687 ) Proceeds from insurance claims (54 ) — Loans made to finance sales — (428 ) Adjustment of carrying value (423 ) (132 ) Gains from sales, net 73 60 Balance, end of period $ 2,318 $ 3,334 During the three months ended September 30, 2021, three former branch office sites were transferred to Other Real Estate Owned at a value of $ 950 1.375 683

FAIR VALUES

FAIR VALUES	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
FAIR VALUES	NOTE 10 FAIR VALUES The financial reporting standard, “Fair Value Measurements and Disclosures” provides a framework for measuring fair value under generally accepted accounting principles and requires disclosures about the fair value of assets and liabilities recognized in the balance sheet in periods subsequent to initial recognition, whether the measurements are made on a recurring basis (for example, available-for-sale investment securities) or on a nonrecurring basis (for example, impaired loans and other real estate acquired through foreclosure). Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Fair Value Measurements and Disclosures also establish fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value. Level 1: Quoted prices in active markets for identical assets or liabilities. Level 1 assets and liabilities include debt and equity securities and derivative contracts that are traded in an exchange market, as well as U. S. Treasury, other U. S. Government and agency mortgage-backed debt securities that are highly liquid and are actively traded in over-the-counter markets. Level 2: Significant observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. This category generally includes certain derivative contracts and impaired loans. Investment Securities Available for Sale Loans - Foreclosed Assets – Assets and liabilities measured at fair value are as follows as of September 30, 2021 (for purpose of this table the impaired loans are shown net of the related allowance): Schedule Assets and liabilities measured at fair value September 30, 2021 (Dollars are in thousands) Quoted market price in active markets Significant other observable inputs Significant unobservable inputs (On a recurring basis) U.S. Treasuries $ — $ 6,292 $ — U.S. Government Agencies — 9,650 — Taxable municipals — 23,833 — Corporate bonds — 2,046 — Mortgage backed securities — 63,407 — (On a non-recurring basis) — — 2,318 Impaired loans — — 2,940 Total $ — $ 105,228 $ 5,258 Assets and liabilities measured at fair value are as follows as of December 31, 2020 (for purpose of this table the impaired loans are shown net of the related allowance): December 31, 2020 (Dollars are in thousands) Quoted market price in active markets Significant other observable inputs Significant unobservable inputs (On a recurring basis) U.S. Government Agencies $ — $ 14,107 $ — Taxable municipals — 5,345 — Corporate bonds — 6,048 — Mortgage backed securities — 22,906 — (On a non-recurring basis) — — 3,334 Impaired loans — 4,030 Total $ — $ 48,406 $ 7,364 For Level 3 assets measured at fair value on a recurring or non-recurring basis as of September 30, 2021 and December 31, 2020, the significant unobservable inputs used in the fair value measurements were as follows: Schedule of significant unobservable inputs Level 3 assets (Dollars in thousands) Fair Value September 30, 2021 Fair Value at December 31, 2020 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 2,940 $ 4,030 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 18 Other Real Estate Owned $ 2,318 $ 3,334 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 18 Fair Value of Financial Instruments Fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is practical to estimate the value, is based upon the characteristics of the instruments and relevant market information. Financial instruments include cash, evidence of ownership in an entity, or contracts that convey or impose on an entity that contractual right or obligation to either receive or deliver cash for another financial instrument. The following summary presents the methodologies and assumptions used to estimate the fair value of the Company’s financial instruments presented below. The information used to determine fair value is highly subjective and judgmental in nature and, therefore, the results may not be precise. Subjective factors include, among other things, estimates of cash flows, risk characteristics, credit quality, and interest rates, all of which are subject to change. Since the fair value is estimated as of the balance sheet date, the amounts that will actually be realized or paid upon settlement or maturity on these various instruments could be significantly different. The carrying amount and fair value of the Company’s financial instruments that are not required to be measured or reported at fair value on a recurring basis as of September 30, 2021 and December 31, 2020 are as follows: Schedule fair value financial instruments Fair Value Measurements (Dollars are in thousands) Carrying Fair Quoted market price in active markets Significant other observable inputs Significant unobservable inputs September 30, 2021 Financial Instruments – Assets Net Loans $ 567,396 $ 567,797 $ — $ 564,857 $ 2,940 Financial Instruments – Liabilities Time Deposits 206,680 209,177 — 209,177 — Borrowed funds 16,496 15,438 — 15,438 — December 31, 2020 Financial Instruments – Assets Net Loans $ 568,375 $ 564,664 $ — $ 560,634 $ 4,030 Financial Instruments – Liabilities Time Deposits 234,449 237,768 — 237,768 — Borrowed funds 21,496 16,788 — 16,788 — Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. 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, involve uncertainties and matters of significant judgment, and therefore cannot be determined with precision. Changes in assumptions can significantly affect the estimates. Estimated fair values have been determined by the Company using historical data, as generally provided in the Company’s regulatory reports, and an estimation methodology suitable for each category of financial instruments. The Company’s fair value estimates, methods and assumptions are set forth below for the Company’s other financial instruments. The carrying values of cash and due from banks, federal funds sold, interest-bearing deposits, deposits with no stated maturities and accrued interest approximates fair value and are excluded from the table above. In accordance with our adoption of Accounting Standards Update (ASU) 2016-01 in 2018, the methods utilized to measure the fair value of financial instruments at September 30, 2021 and December 31, 2020, represent an approximation of exit price; however, an actual exit price may differ.

LEASING ACTIVITIES

LEASING ACTIVITIES	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
LEASING ACTIVITIES	NOTE 11 LEASING ACTIVITIES As of September 30, 2021, the Bank leases five branch office sites resulting from sale leaseback transactions entered into in 2017 and 2019. The lease agreements have maturity dates ranging from May 2032 to September 2034. While it is assumed that there are currently no circumstances in which the leases would be terminated prior to expiration, on October 1, 2021, the company repurchased the branch office that was sold under a sale leaseback transaction in 2019. The weighted average remaining life of the lease terms at September 30, 2021 was 11.14 The discount rate used in determining the lease liability for each individual lease was the FHLB fixed advance rate which corresponded to the lease term for each transaction. This methodology is expected to be used for any other subsequent lease agreements. The weighted average discount rate for the leases at September 30, 2021 was 3.16 For the nine months ended September 30, 2021 and 2020, operating lease expenses were $ 421 429 The Company’s other operating leases were evaluated and determined to be immaterial to the financial statements. At September 30, 2021, future minimum rental commitments under the non-cancellable operating leases discussed above are as follows (dollars are in thousands): Schedule Of non-cancellable operating lease 2021 $ 128 2022 530 2023 544 2024 546 2025 550 Thereafter 3,978 Total lease payments 6,276 Less imputed interest 1,125 Total $ 5,151 After considering the repurchase of the branch office October 1, 2021, minimum future rental commitments will consist of total lease payments of $ 4.956 899 4.057

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	NOTE 12 REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue from contracts with customers as defined in ASC 606 is recognized within Noninterest income. The following table presents Noninterest income by revenue stream for the three and nine months ended September 30, 2021 and 2020. Schedule of Redeemable Noncontrolling Interest For the three months ended For the nine months ended September 30, September 30, (Dollars in thousands) 2021 2020 2021 2020 Service charges and fees $ 1,001 $ 859 $ 2,674 $ 2,238 Card Processing and interchange income 982 892 2,918 2,480 Gain on sale of securities available-for-sale (1) 322 — 322 4 Insurance and investment fees 222 206 723 447 Other noninterest income 443 159 840 744 Total Noninterest Income $ 2,970 $ 2,116 $ 7,477 $ 5,913 (1) Not within the scope of ASU 2014-09

NONINTEREST EXPENSES

NONINTEREST EXPENSES - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Noninterest Expenses
NONINTEREST EXPENSES			NOTE 13 NONINTEREST EXPENSES Other operating expenses, included as part of noninterest expenses, consisted of the following for the periods presented: Schedule of noninterest expenses For the three months ended September 30, For the nine months ended September 30, (Dollars are in thousands) 2021 2020 2021 2020 Advertising $ 85 $ 42 $ 193 $ 166 ATM network expense 368 357 1,113 1,113 Legal and professional fees 254 112 842 602 Consulting fees 58 82 206 443 Loan related expenses 198 88 448 275 Printing and supplies 29 38 89 105 FDIC insurance premiums 81 103 218 297 Other real estate owned expenses, net 301 59 439 255 Other operating expenses 630 684 1,765 1,893 Total other operating expenses $ 2,004 $ 1,565 $ 5,313 $ 5,149
Advertising	$ 85	$ 42	$ 193	$ 166
ATM network expense	368	357	1,113	1,113
Legal and professional fees	254	112	842	602
Consulting fees	58	82	206	443
Loan related expenses	198	88	448	275
Printing and supplies	29	38	89	105
FDIC insurance premiums	81	103	218	297
Other real estate owned expenses, net	301	59	439	255
Other operating expenses	630	684	1,765	1,893
Total other operating expenses	$ 2,004	$ 1,565	$ 5,313	$ 5,149

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 14 SUBSEQUENT EVENTS Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. No subsequent events have occurred since September 30, 2021, except for the repurchase of a branch office site that had been previously sold under a sale leaseback transaction in 2019.

RECENT ACCOUNTING DEVELOPMENTS

RECENT ACCOUNTING DEVELOPMENTS	9 Months Ended
	Sep. 30, 2021
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING DEVELOPMENTS	NOTE 15 RECENT ACCOUNTING DEVELOPMENTS The following is a summary of recent authoritative announcements: In June 2016, per ASU No. 2016-13, ‘Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,’ the Financial Accounting Standards Board (the FASB) issued guidance to change the accounting for credit losses and modify the impairment model for certain debt securities. Subsequently, per ASU No. 2019-10, implementation for the Company is delayed until reporting periods beginning after December 15, 2022. Early adoption is permitted for all organizations for periods beginning after December 15, 2018. The Company is currently evaluating the effect that implementation of the new standard will have on its financial position, results of operations, and cash flows. In May 2019, the FASB issued targeted transition relief for entities which irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. For those entities, the amendments to the transition guidance for ASU 2016-13 will increase comparability of financial statement information by providing an option to align measurement methodologies for similar financial assets. Subsequently, per ASU No. 2019-10, implementation for the Company is delayed until reporting periods beginning after December 15, 2021. The Company is currently in the process of evaluating the impact of adoption of this guidance on its financial statements. In November 2019, the FASB released ASU 2019-10, ‘Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842),’ in which the FASB shared a new philosophy to extend and simplify how effective dates for certain major Updates would be staggered between larger public companies (bucket one) and all other entities (bucket two). A major Update would first be effective for bucket-one entities. For bucket-two entities, including the Company, it is anticipated that the FASB will consider requiring an effective date staggered at least two years after bucket one for major Updates. Generally, it is expected that early application would continue to be allowed for all entities. The Company is considered a bucket-two entity due to its eligibility to be a smaller reporting company, per the Securities and Exchange Commission (the SEC). This Update applies to ASU 2016-13, as discussed above, ASU 2017-12, which does not apply to the Company, and ASU 2016-02, which the Company has already early-adopted. In December 2019, the FASB released ASU 2019-12, ‘Income Taxes (Topic 740),’ which simplify the accounting for income taxes by removing certain exceptions to the general principles in Topic 740, improve consistent application, and simplify GAAP for other areas of Topic 740. The amendments in this Update are effective for the Company for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. The Company does not expect these amendments to have a material effect on its financial statements. In January 2020, the FASB released ASU 2020-01, ‘Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815),’ which clarify certain interactions between the guidance to account for certain equity securities under Topic 321, 323 and 815, and improve current GAAP by reducing diversity in practice and increasing comparability of accounting. The amendments in this Update are effective for the Company for fiscal years beginning after December 31, 2021, and interim periods within those fiscal years. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In March 2020, the FASB released ASU 2020-03, ‘Codification Improvements to Financial Instruments,’ as part of its ongoing project for improving the Codification or correcting its unintended application. This Update is being issued to increase stakeholder awareness of these amendments. These amendments affect Fair Value Option Disclosures, Applicability of Portfolio Exception in Topic 820 to Nonfinancial Items, Disclosures for Depository and Lending Institutions, Cross-Reference to Line-of-Credit or Revolving-Debt Arrangements Guidance in Subtopic 470-50, Cross-Reference to Net Asset Value Practical Expedient in Subtopic 820-10, Interaction of Topic 842 and Topic 326, and Interaction of Topic 326 and Subtopic 860-20. The amendments in this update are effective immediately. The Company does not expect these amendments to have a material effect on its financial statements. In March 2020, the FASB released ASU 2020-04, ‘Reference Rate Reform (Topic 848), Facilitation of the Effects of Reference Rate Reform on Financial Reporting,’ which provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform. The amendments in this Update are elective and apply to all entities, subject to meeting certain criteria, that have contracts, hedging relationships, and other transactions that reference the London Interbank Offering Rate (LIBOR) or another reference rate expected to be discontinued because of reference rate reform. The amendments in the Update are effective for the Company as of March 12, 2020 through December 31, 2022. The Company is working through implementation of this guidance, but does not expect this amendment to have a material impact on its financial statements. In August 2020, the FASB released ASU 2020-06, ‘Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity,’ which reduces the number of accounting models for convertible debt instruments and convertible preferred stock. The Board concluded that eliminating certain accounting models simplifies the accounting for convertible instruments, reduces complexity for preparers and practitioners, and improves the decision usefulness and relevance of the information provided to financial statement users. The amendments in this Update are effective for the Company for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. The Company does not expect these amendments to have a material effect on its financial statements. In January 2021, the FASB released ASU 2021-01, ‘Reference Rate Reform (Topic 848),’ which 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 related to reference rate reform. The amendments in this Update are effective immediately for all entities. An entity may elect to apply the amendments in the Update on a full retrospective basis as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020, or on a prospective basis to new modifications from any date within an interim period that includes or is subsequent to the date of the issuance of a final Update, up to the date that financial statements are available to be issued. The Company does not expect this amendment to have a material effect on its financial statements. In July 2021, the FASB released ASU 2021-05, ‘Lessors – Certain Leases with Variable Lease Payments (Topic 842),’ which amends the lease classification requirements for lessors to align them with practice under Topic 840. The amendments in this Update amend Topic 842 and are effective for the Company for fiscal years beginning after December 15, 2021, and for interim periods within fiscal years beginning after December 13, 2022. The Company may elect either (1) to retrospectively apply the amendments to leases that commenced or were modified on or after the adoption of Update 2016-02 or (2) prospectively to leases that commence or are modified on or after the date that the Company first applies the amendments. The Company does not expect this amendment to have a material effect on its financial statements. In August 2021, the FASB released ASU 2021-06, ‘Presentation of Financial Statements (Topic 205), Financial Services – Depository and Lending (Topic 942), and Financial Services – Investment Companies (Topic 946),’ which amends certain SEC paragraphs pursuant to SEC final rule releases No. 33-10786, Amendments to Financial Disclosures about Acquired and Disposed Businesses Update of Statistical Disclosures for Bank and Savings and Loan Registrants Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

INCOME PER SHARE (Tables)

INCOME PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2021
Income Per Share
Schedule Basic and diluted net income per common share	Schedule Basic and diluted net income per common share (Dollars in Thousands, Except For the three months For the nine months 2021 2020 2021 2020 Net income $ 1,845 $ 1,424 $ 5,093 $ 1,499 Weighted average shares outstanding 23,922,086 23,922,086 23,922,086 23,922,086 Weighted average dilutive shares outstanding 23,922,086 23,922,086 23,922,086 23,922,086 Basic and diluted income per share $ 0.08 $ 0.06 $ 0.21 $ 0.06

CAPITAL (Tables)

CAPITAL (Tables)	9 Months Ended
	Sep. 30, 2021
Banking Regulation, Total Capital [Abstract]
Schedule Bank’s actual capital amounts and ratios	Schedule Bank’s actual capital amounts and ratios Actual Minimum Capital Requirement Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars are in thousands) Amount Ratio Amount Ratio Amount Ratio September 30, 2021: Total Capital to Risk Weighted Assets 82,575 16.37 % $ 40,365 8.0 % $ 50,456 10.0 % Tier 1 Capital to Risk Weighted Assets 76,264 15.11 % 30,274 6.0 % 40,365 8.0 % Tier 1 Capital to Average Assets 76,264 9.53 % 32,004 4.0 % 40,005 5.0 % Common Equity Tier 1 Capital to Risk Weighted Assets 76,264 15.11 % 22,705 4.5 % 32,796 6.5 % December 31, 2020: Total Capital to Risk Weighted Assets 77,133 16.41 % $ 37,603 8.0 % $ 47,028 10.0 % Tier 1 Capital to Risk Weighted Assets 71,241 15.16 % 28,202 6.0 % 37,603 8.0 % Tier 1 Capital to Average Assets 71,241 9.49 % 30,036 4.0 % 37,545 5.0 % Common Equity Tier 1 Capital to Risk Weighted Assets 71,241 15.16 % 21,152 4.5 % 30,552 6.5 %

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2021
Investment securities activity
Schedule of estimated fair value of available-for-sale (AFS) securities	Schedule of estimated fair value of available-for-sale (AFS) securities Gross Gross Approximate Amortized Unrealized Unrealized Fair (Dollars are in thousands) Cost Gains Losses Value September 30, 2021 U.S. Treasuries $ 6,338 $ — $ 46 $ 6,292 U.S. Government Agencies 9,566 149 65 9,650 Taxable municipals 23,597 283 47 23,833 Corporate bonds 2,016 30 — 2,046 Mortgage backed securities 63,723 251 567 63,407 Total Securities AFS $ 105,240 $ 713 $ 725 $ 105,228 December 31, 2020 U.S. Government Agencies $ 13,852 $ 322 $ 67 $ 14,107 Taxable municipals 5,157 188 — 5,345 Corporate bonds 5,893 186 31 6,048 Mortgage backed securities 22,565 388 47 22,906 Total Securities AFS $ 47,467 $ 1,084 $ 145 $ 48,406
Schedule of unrealized loss position	Schedule of unrealized loss position Less than 12 Months 12 Months or More Total (Dollars are in thousands) Fair Value Unrealized Fair Unrealized Fair Unrealized September 30, 2021 U.S. Treasuries $ 6,292 $ 46 $ — $ — $ 6,292 $ 46 U.S. Government Agencies — — 3,714 65 3,714 65 Taxable municipals 2,963 47 — — 2,963 47 Mortgage backed securities 45,419 539 817 28 46,236 567 Total Securities AFS $ 54,674 $ 632 $ 4,531 $ 93 $ 59,205 $ 725 December 31, 2020 U.S. Government Agencies $ 1,479 $ 12 $ 3,829 $ 55 $ 5,308 $ 67 Taxable municipals — — — — — — Corporate bonds 1,219 31 — — 1,219 31 Mortgage backed securities 7,517 44 218 3 7,735 47 Total Securities AFS $ 10,215 $ 87 $ 4,047 $ 58 $ 14,262 $ 145
Schedule summarizes sales of AFS debt securities	Schedule summarizes sales of AFS debt securities (Dollars are in thousands) 2021 2020 Proceeds $ 7,686 $ 1,025 Gains 322 7 Losses — (3 ) Tax provision (benefit) 68 (1 )
Schedule amortized cost and fair value of investment securities	Schedule amortized cost and fair value of investment securities Weighted (Dollars are in thousands) Amortized Fair Average Securities Available-for-Sale Cost Value Yield Due in one year or less $ 1,255 $ 1,261 3.11 % Due after one year through five years 4,868 4,892 1.64 % Due after five years through ten years 12,072 12,166 1.66 % Due after ten years 87,045 86,909 1.59 % Total $ 105,240 $ 105,228 1.62 %

LOANS (Tables)

LOANS (Tables)	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Schedule of Loans receivable on nonaccrual status	Schedule of Loans receivable on nonaccrual status (Dollars are in thousands) September 30, December 31, 2020 Real estate secured: Commercial $ 198,748 $ 179,381 Construction and land development 30,497 25,031 Residential 1-4 family 221,628 222,980 Multifamily 21,852 16,569 Farmland 19,322 18,368 Total real estate loans 492,047 462,329 Commercial 57,317 86,010 Agriculture 3,866 4,450 Consumer installment loans 18,983 20,632 All other loans 1,840 2,145 Total loans $ 574,053 $ 575,566
Schedule Of Summary Loans receivable on nonaccrual status	Schedule Of Summary Loans receivable on nonaccrual status (Dollars are in thousands) September 30, December 31, 2020 Real estate secured: Commercial $ 452 $ 2,225 Construction and land development 31 57 Residential 1-4 family 2,431 2,700 Multifamily 111 — Farmland 83 101 Total real estate loans 3,108 5,083 Commercial 8 453 Consumer installment loans and other loans 10 12 Total loans receivable on nonaccrual status $ 3,126 $ 5,548
Summary of impaired loans	Summary of impaired loans As of September 30, 2021 (Dollars are in thousands) Recorded Unpaid Principal Balance Related With no related allowance recorded: Real estate secured: Commercial $ 102 $ 141 $ — Construction and land development 30 305 — Residential 1-4 family 1,605 1,901 — Multifamily — — — Farmland 344 513 — Commercial — — — Agriculture — — — Consumer installment loans 2 3 — All other loans — — — With an allowance recorded: Real estate secured: Commercial 333 386 112 Construction and land development — — — Residential 1-4 family 488 537 58 Multifamily — — — Farmland 200 211 20 Commercial 29 37 3 Agriculture — — — Consumer installment loans — — — All other loans — — — Total $ 3,133 $ 4,034 $ 193 As of December 31, 2020 (Dollars are in thousands) Recorded Unpaid Principal Balance Related With no related allowance recorded: Real estate secured: Commercial $ 385 $ 386 $ — Construction and land development 99 376 — Residential 1-4 family 1,662 1,898 — Multifamily — — — Farmland 391 560 — Commercial — — — Agriculture — — — Consumer installment loans 5 6 — All other loans — — — With an allowance recorded: Real estate secured: Commercial 1,566 1,678 574 Construction and land development — — — Residential 1-4 family 337 365 72 Multifamily — — — Farmland 208 220 2 Commercial 429 437 404 Agriculture — — — Consumer installment loans — — — All other loans — — — Total $ 5,082 $ 5,926 $ 1,052 The following tables present information concerning the Company’s average impaired loans and interest recognized on those impaired loans, for the periods indicated: Nine Months Ended September 30, 2021 September 30, 2020 (Dollars are in thousands) Average Interest Average Interest Real estate secured: Commercial $ 281 $ — $ 2,004 $ 1 Construction and land development 75 9 87 12 Residential 1-4 family 1,773 24 1,819 49 Multifamily — — — — Farmland 467 14 590 51 Commercial — — 74 1 Agriculture — — — — Consumer installment loans 3 — 3 — All other loans — — — — With an allowance recorded: Real estate secured: Commercial 1,010 3 493 — Construction and land development — — — — Residential 1-4 family 338 6 104 3 Multifamily — — — — Farmland 102 4 213 7 Commercial 129 1 160 1 Agriculture — — — — Consumer installment loans — — — — All other loans — — — — Total $ 4,178 $ 61 $ 5,547 $ 125 Three Months Ended September 30, 2021 September 30, 2020 (Dollars are in thousands) Average Interest Average Interest Real estate secured: Commercial $ 122 $ — $ 1,673 $ — Construction and land development 56 5 107 8 Residential 1-4 family 1,764 10 2,334 36 Multifamily — — — — Farmland 452 5 419 41 Commercial — — 33 — Agriculture — — — — Consumer installment loans 3 — 7 — All other loans — — — — With an allowance recorded: Real estate secured: Commercial 519 — 553 — Construction and land development — — — — Residential 1-4 family 357 6 154 3 Multifamily — — — — Farmland 100 4 211 5 Commercial 29 — 34 1 Agriculture — — — — Consumer installment loans — — — — All other loans — — — — Total $ 3,402 $ 30 $ 5,525 $ 94
Summary age analysis of past due loans receivable	Summary age analysis of past due loans receivable As of September 30, 2021 (Dollars are in thousands) Loans Loans Loans Total Current Total Real estate secured: Commercial 45 $ — — 45 198,703 $ 198,748 Construction and land development 21 32 — 53 30,444 30,497 Residential 1-4 family 1,228 667 411 2,306 219,322 221,628 Multifamily 111 — — 111 21,741 21,852 Farmland 119 — — 119 19,203 19,322 Total real estate loans 1,524 699 411 2,634 489,413 492,047 Commercial 5 7 — 12 57,305 57,317 Agriculture 1 — — 1 3,865 3,866 Consumer installment loans 46 3 — 49 18,934 18,983 All other loans — — — — 1,840 1,840 Total loans 1,576 $ 709 411 2,696 571,357 $ 574,053 As of December 31, 2020 (Dollars are in thousands) Loans Loans Loans Total Current Total Real estate secured: Commercial $ 969 $ — $ — $ 969 $ 178,412 $ 179,381 Construction and land development 64 — — 64 24,967 25,031 Residential 1-4 family 5,717 615 690 7,022 215,958 222,980 Multifamily — — — — 16,569 16,569 Farmland 57 — — 57 18,311 18,368 Total real estate loans 6,807 615 690 8,112 454,217 462,329 Commercial 214 — — 214 85,796 86,010 Agriculture 7 1 — 8 4,442 4,450 Consumer installment loans 214 22 — 236 20,396 20,632 All other loans — — — — 2,145 2,145 Total loans $ 7,242 $ 638 $ 690 $ 8,570 $ 566,996 $ 575,566
Schedule of summary of category of loans receivable	Schedule of summary of category of loans receivable As of September 30, 2021 (Dollars are in thousands) Pass Special Substandard Doubtful Total Real estate secured: Commercial $ 189,216 $ 9,079 $ 453 $ — $ 198,748 Construction and land development 30,300 165 32 — 30,497 Residential 1-4 family 218,305 893 2,430 — 221,628 Multifamily 21,517 224 111 — 21,852 Farmland 18,562 677 83 — 19,322 Total real estate loans 477,900 11,038 3,109 — 492,047 Commercial 56,081 1,227 9 — 57,317 Agriculture 3,866 — — — 3,866 Consumer installment loans 18,972 2 9 — 18,983 All other loans 1,840 — — — 1,840 Total $ 558,659 $ 12,267 $ 3,127 $ — $ 574,053 As of December 31, 2020 (Dollars are in thousands) Pass Special Substandard Doubtful Total Real estate secured: Commercial $ 171,212 $ 6,112 $ 2,057 $ — $ 179,381 Construction and land development 23,168 1,806 57 — 25,031 Residential 1-4 family 218,947 1,304 2,729 — 222,980 Multifamily 16,337 232 — — 16,569 Farmland 17,019 1,249 100 — 18,368 Total real estate loans 446,683 10,703 4,943 — 462,329 Commercial 81,846 3,711 453 — 86,010 Agriculture 4,255 195 — — 4,450 Consumer installment loans 20,615 5 12 — 20,632 All other loans 2,145 — — — 2,145 Total $ 555,544 $ 14,614 $ 5,408 $ — $ 575,566

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Summary of activity in the allowance for loan losses	Summary of activity in the allowance for loan losses Real estate secured (Dollars are in thousands) Commercial Construction and Land Development Residential 1-4 family Multifamily Farmland Commercial Agriculture Consumer and All Other Unallocated Total Nine months ended September 30, 2021 Beginning balance $ 2,281 $ 233 $ 1,951 $ 151 $ 97 $ 2,275 $ 40 $ 163 $ — $ 7,191 Charge-offs (915 ) — (48 ) — — (92 ) — (55 ) — (1,110 ) Recoveries 2 6 25 — — 134 1 36 — 204 Provision 700 (69 ) 180 6 59 (842 ) (14 ) (42 ) 394 372 Ending balance $ 2,068 $ 170 $ 2,108 $ 157 $ 156 $ 1,475 $ 27 $ 102 $ 394 $ 6,657 Three months ended September 30, 2021 Beginning balance $ 2,151 $ 155 $ 2,046 $ 160 $ 137 $ 1,916 $ 28 $ 103 $ — $ 6,696 Charge-offs — — (38 ) — — — — (27 ) — (65 ) Recoveries — 6 8 — — 3 — 9 — 26 Provision (83 ) 9 92 (3 ) 19 (444 ) (1 ) 17 394 — Ending balance $ 2,068 $ 170 $ 2,108 $ 157 $ 156 $ 1,475 $ 27 $ 102 $ 394 $ 6,657 Allowance for loan losses at September 30, 2021 Individually evluated for impairment $ 112 $ — $ 58 $ — $ 20 $ 3 $ — $ — $ — $ 193 Collectively evaluated for impairment 1,956 170 2,050 157 136 1,472 27 102 394 6,464 Total $ 2,068 $ 170 $ 2,108 $ 157 $ 156 $ 1,475 $ 27 $ 102 $ 394 $ 6,657 Loans at September 30, 2021 Individually evluated for impairment $ 435 $ 30 $ 2,093 $ — $ 544 $ 29 $ — $ 2 $ — $ 3,133 Collectively evaluated for impairment 198,313 30,467 219,535 21,852 18,778 57,288 3,866 20,821 — 570,920 Total $ 198,748 $ 30,497 $ 221,628 $ 21,852 $ 19,322 $ 57,317 $ 3,866 $ 20,823 $ — $ 574,053

TROUBLED DEBT RESTRUCTURINGS (T

TROUBLED DEBT RESTRUCTURINGS (Tables)	9 Months Ended
	Sep. 30, 2021
Troubled Debt Restructurings
Schedule of loans modified as TDRs	Schedule of loans modified as TDRs For the nine months ended For the nine months ended Troubled Debt Restructurings (Dollars are in thousands) # of Loans Pre-Mod. Recorded Investment Post-Mod. # of Pre-Mod. Post-Mod. Real estate secured: Commercial — $ — $ — 3 $ 190 $ 190 Construction and land — — — — — — Residential 1-4 family — — — 27 1,236 1,236 Multifamily — — — — — — Farmland — — — — — — Total real estate loans — — — 30 1,426 1,426 Commercial Agriculture — — — — — — Consumer installment loans — — — 2 7 7 All other loans — — — — — — Total — $ — $ — 32 $ 1,433 $ 1,433

OTHER REAL ESTATE OWNED (Tables

OTHER REAL ESTATE OWNED (Tables)	9 Months Ended
	Sep. 30, 2021
Real Estate [Abstract]
Schedule Of other real estate owned	Schedule Of other real estate owned (Dollars are in thousands) September 30, December 31, 2020 Balance, beginning of period $ 3,334 $ 3,393 Additions 566 1,128 Transfers from premises and equipment 950 — Proceeds from sales (2,128 ) (687 ) Proceeds from insurance claims (54 ) — Loans made to finance sales — (428 ) Adjustment of carrying value (423 ) (132 ) Gains from sales, net 73 60 Balance, end of period $ 2,318 $ 3,334

FAIR VALUES (Tables)

FAIR VALUES (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Schedule Assets and liabilities measured at fair value	Schedule Assets and liabilities measured at fair value September 30, 2021 (Dollars are in thousands) Quoted market price in active markets Significant other observable inputs Significant unobservable inputs (On a recurring basis) U.S. Treasuries $ — $ 6,292 $ — U.S. Government Agencies — 9,650 — Taxable municipals — 23,833 — Corporate bonds — 2,046 — Mortgage backed securities — 63,407 — (On a non-recurring basis) — — 2,318 Impaired loans — — 2,940 Total $ — $ 105,228 $ 5,258 Assets and liabilities measured at fair value are as follows as of December 31, 2020 (for purpose of this table the impaired loans are shown net of the related allowance): December 31, 2020 (Dollars are in thousands) Quoted market price in active markets Significant other observable inputs Significant unobservable inputs (On a recurring basis) U.S. Government Agencies $ — $ 14,107 $ — Taxable municipals — 5,345 — Corporate bonds — 6,048 — Mortgage backed securities — 22,906 — (On a non-recurring basis) — — 3,334 Impaired loans — 4,030 Total $ — $ 48,406 $ 7,364
Schedule of significant unobservable inputs Level 3 assets	Schedule of significant unobservable inputs Level 3 assets (Dollars in thousands) Fair Value September 30, 2021 Fair Value at December 31, 2020 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 2,940 $ 4,030 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 18 Other Real Estate Owned $ 2,318 $ 3,334 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 18
Schedule fair value financial instruments	Schedule fair value financial instruments Fair Value Measurements (Dollars are in thousands) Carrying Fair Quoted market price in active markets Significant other observable inputs Significant unobservable inputs September 30, 2021 Financial Instruments – Assets Net Loans $ 567,396 $ 567,797 $ — $ 564,857 $ 2,940 Financial Instruments – Liabilities Time Deposits 206,680 209,177 — 209,177 — Borrowed funds 16,496 15,438 — 15,438 — December 31, 2020 Financial Instruments – Assets Net Loans $ 568,375 $ 564,664 $ — $ 560,634 $ 4,030 Financial Instruments – Liabilities Time Deposits 234,449 237,768 — 237,768 — Borrowed funds 21,496 16,788 — 16,788 —

LEASING ACTIVITIES (Tables)

LEASING ACTIVITIES (Tables)	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Schedule Of non-cancellable operating lease	Schedule Of non-cancellable operating lease 2021 $ 128 2022 530 2023 544 2024 546 2025 550 Thereafter 3,978 Total lease payments 6,276 Less imputed interest 1,125 Total $ 5,151

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Schedule of Redeemable Noncontrolling Interest	Schedule of Redeemable Noncontrolling Interest For the three months ended For the nine months ended September 30, September 30, (Dollars in thousands) 2021 2020 2021 2020 Service charges and fees $ 1,001 $ 859 $ 2,674 $ 2,238 Card Processing and interchange income 982 892 2,918 2,480 Gain on sale of securities available-for-sale (1) 322 — 322 4 Insurance and investment fees 222 206 723 447 Other noninterest income 443 159 840 744 Total Noninterest Income $ 2,970 $ 2,116 $ 7,477 $ 5,913

INCOME PER SHARE (Details)

INCOME PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Per Share
Net income	$ 1,845	$ 1,424	$ 5,093	$ 1,499
Weighted average shares outstanding	23,922,086	23,922,086	23,922,086	23,922,086
Weighted average dilutive shares outstanding	23,922,086	23,922,086	23,922,086	23,922,086
Basic and diluted income per share	$ 0.08	$ 0.06	$ 0.21	$ 0.06

CAPITAL (Details)

CAPITAL (Details) $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Banking Regulation, Total Capital [Abstract]
Total Capital to Risk Weighted Assets, Actual, Amount	$ 82,575	$ 77,133
Total Capital to Risk Weighted Assets, Actual, Ratio	0.1637	0.1641
Total Capital to Risk Weighted Assets, Minimum Capital Requirement, Amount	$ 40,365	$ 37,603
Total Capital to Risk Weighted Assets, Minimum Capital Requirement, Ratio	0.080	0.080
Total Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 50,456	$ 47,028
Total Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.100	0.100
Tier 1 Capital Risk Weighted Assets, Actual, Amount	$ 76,264	$ 71,241
Tier 1 Capital Risk Weighted Assets, Actual, Ratio	0.1511	0.1516
Tier 1 Capital Risk Weighted Assets, Minimum Capital Requirement, Amount	$ 30,274	$ 28,202
Tier 1 Capital Risk Weighted Assets, Minimum Capital Requirement, Ratio	0.060	0.060
Tier 1 Capital Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 40,365	$ 37,603
Tier 1 Capital Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8	0.080
Tier 1 Capital to Average Assets, Actual, Amount	$ 76,264	$ 71,241
Tier 1 Capital to Average Assets, Actual, Ratio	0.0953	0.0949
Tier 1 Capital to Average Assets, Minimum Capital Requirement, Amount	$ 32,004	$ 30,036
Tier 1 Capital to Average Assets, Minimum Capital Requirement, Ratio	0.040	0.040
Tier 1 Capital to Average Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 40,005	$ 37,545
Tier 1 Capital to Average Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5	0.050
Common Equity Tier 1 Capital to Risk Weighted Assets, Actual, Amount	$ 76,264	$ 71,241
Common Equity Tier 1 Capital to Risk Weighted Assets, Actual, Ratio	0.1511	0.1516
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum Capital Requirement, Amount	$ 22,705	$ 21,152
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum Capital Requirement, Ratio	0.045	0.045
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 32,796	$ 30,552
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.065	0.065

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Marketable Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	$ 105,240	$ 47,467
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	713	1,084
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	725	145
Available-for-sale Securities	105,228	48,406
US Treasury Securities [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	6,338
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	46
Available-for-sale Securities	6,292
US Government Agencies Debt Securities [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	9,566	13,852
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	149	322
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	65	67
Available-for-sale Securities	9,650	14,107
Taxable Municipal Notes [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	23,597	5,157
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	283	188
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	47
Available-for-sale Securities	23,833	5,345
Corporate Debt Securities [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	2,016	5,893
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	30	186
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax		31
Available-for-sale Securities	2,046	6,048
Collateralized Mortgage Backed Securities [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Amortized Cost Basis	63,723	22,565
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	251	388
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	567	47
Available-for-sale Securities	$ 63,407	$ 22,906

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 1) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Marketable Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 54,674	$ 10,215
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	632	87
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	4,531	4,047
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	93	58
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	59,205	14,262
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	725	145
US Treasury Securities [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	6,292
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	46
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	6,292
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	46
US Government Agencies Debt Securities [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value		1,479
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss		12
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	3,714	3,829
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	65	55
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	3,714	5,308
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	65	67
Taxable Municipal Notes [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	2,963
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	47
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	2,963
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	47
Collateralized Mortgage Backed Securities [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	45,419	7,517
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	539	44
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	817	218
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	28	3
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	46,236	7,735
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	$ 567	47
Corporate Debt Securities [Member]
Marketable Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value		1,219
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss		31
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value		1,219
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss		$ 31

INVESTMENT SECURITIES (Detail_2

INVESTMENT SECURITIES (Details 2) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Investment securities activity
Proceeds	$ 7,686,000	$ 1,025,000
Gains	322	7
Losses		(3)
Tax provision (benefit)	$ 68	$ (1)

INVESTMENT SECURITIES (Detail_3

INVESTMENT SECURITIES (Details 3) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Investment securities activity
Due in one year or less, amortized cost	$ 1,255
Due in one year or less, fair value	$ 1,261
Weighted Average Yield One	3.11%
Due after one year through five years, amortized cost	$ 4,868
Due after one year through five years, fair value	$ 4,892
Weighted Average Yield Two	1.64%
Due after five years through ten years, amortized cost	$ 12,072
Due after five years through ten years, fair value	$ 12,166
Weighted Average Yield Three	1.66%
Due after ten years, amortized cost	$ 87,045
Due after ten years, fair value	$ 86,909
Weighted Average Yield Four	1.59%
Amortized cost, total	$ 105,240	$ 47,467
Approximate fair value	$ 105,228	$ 48,406
Weighted Average Yield Total	1.62%

INVESTMENT SECURITIES (Detail_4

INVESTMENT SECURITIES (Details Narrative) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Investment securities activity
Investment securities	$ 5,200	$ 6,800
Restricted from trading amount	$ 2,000	$ 2,600

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 574,053	$ 575,566
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	492,047	462,329
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	57,317	86,010
Commercial Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	198,748	179,381
Commercial Borrower [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	57,317	86,010
Commercial Borrower [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	30,497	25,031
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	221,628	222,980
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	21,852	16,569
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	19,322	18,368
Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3,866	4,450
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18,983	20,632
Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 1,840	$ 2,145

LOANS (Details 1)

LOANS (Details 1) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Nonaccrual	$ 3,108	$ 5,083
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Nonaccrual	3,126	5,548
Commercial Borrower [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Nonaccrual	10	12
Commercial Borrower [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Nonaccrual	452	2,225
Real Estate Investment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Nonaccrual	31	57
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Nonaccrual	2,431	2,700
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Nonaccrual	111
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Nonaccrual	83	101
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Nonaccrual	$ 8	$ 453

LOANS (Details 2)

LOANS (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	$ 3,133		$ 3,133		$ 5,082
Impaired Financing Receivable, Unpaid Principal Balance	4,034		4,034		5,926
Impaired Financing Receivable, Related Allowance	193		193		1,052
Average Recorded Investment	3,402	$ 5,525	4,178	$ 5,547
Interest Income Recognized	30	94	61	125
Commercial Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment
Impaired Financing Receivable, Unpaid Principal Balance
Impaired Financing Receivable, Related Allowance
Average Recorded Investment		33		74
Interest Income Recognized				1
Commercial Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	29		29		429
Impaired Financing Receivable, Unpaid Principal Balance	37		37		437
Impaired Financing Receivable, Related Allowance	3		3		404
Average Recorded Investment	29	34	129	160
Interest Income Recognized		1	1	1
Commercial Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	102		102		385
Impaired Financing Receivable, Unpaid Principal Balance	141		141		386
Impaired Financing Receivable, Related Allowance
Average Recorded Investment	122	1,673	281	2,004
Interest Income Recognized				1
Commercial Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	333		333		1,566
Impaired Financing Receivable, Unpaid Principal Balance	386		386		1,678
Impaired Financing Receivable, Related Allowance	112		112		574
Average Recorded Investment	519	553	1,010	493
Interest Income Recognized			3
Real Estate Investment [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	30		30		99
Impaired Financing Receivable, Unpaid Principal Balance	305		305		376
Impaired Financing Receivable, Related Allowance
Average Recorded Investment	56	107	75	87
Interest Income Recognized	5	8	9	12
Real Estate Investment [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment
Impaired Financing Receivable, Unpaid Principal Balance
Impaired Financing Receivable, Related Allowance
Average Recorded Investment
Interest Income Recognized
Residential Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	1,605		1,605		1,662
Impaired Financing Receivable, Unpaid Principal Balance	1,901		1,901		1,898
Impaired Financing Receivable, Related Allowance
Average Recorded Investment	1,764	2,334	1,773	1,819
Interest Income Recognized	10	36	24	49
Residential Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	488		488		337
Impaired Financing Receivable, Unpaid Principal Balance	537		537		365
Impaired Financing Receivable, Related Allowance	58		58		72
Average Recorded Investment	357	154	338	104
Interest Income Recognized	6	3	6	3
Multifamily [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment
Impaired Financing Receivable, Unpaid Principal Balance
Impaired Financing Receivable, Related Allowance
Average Recorded Investment
Interest Income Recognized
Multifamily [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment
Impaired Financing Receivable, Unpaid Principal Balance
Impaired Financing Receivable, Related Allowance
Average Recorded Investment
Interest Income Recognized
Farmland [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	344		344		391
Impaired Financing Receivable, Unpaid Principal Balance	513		513		560
Impaired Financing Receivable, Related Allowance
Average Recorded Investment	452	419	467	590
Interest Income Recognized	5	41	14	51
Farmland [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	200		200		208
Impaired Financing Receivable, Unpaid Principal Balance	211		211		220
Impaired Financing Receivable, Related Allowance	20		20		2
Average Recorded Investment	100	211	102	213
Interest Income Recognized	4	5	4	7
Agriculture [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment
Impaired Financing Receivable, Unpaid Principal Balance
Impaired Financing Receivable, Related Allowance
Average Recorded Investment
Interest Income Recognized
Agriculture [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment
Impaired Financing Receivable, Unpaid Principal Balance
Impaired Financing Receivable, Related Allowance
Average Recorded Investment
Interest Income Recognized
Consumer Loan [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	2		2		5
Impaired Financing Receivable, Unpaid Principal Balance	3		3		6
Impaired Financing Receivable, Related Allowance
Average Recorded Investment	3	7	3	3
Interest Income Recognized
Consumer Loan [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment
Impaired Financing Receivable, Unpaid Principal Balance
Impaired Financing Receivable, Related Allowance
Average Recorded Investment
Interest Income Recognized
All Other Loans [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment
Impaired Financing Receivable, Unpaid Principal Balance
Impaired Financing Receivable, Related Allowance
Average Recorded Investment
Interest Income Recognized
All Other Loans [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment
Impaired Financing Receivable, Unpaid Principal Balance
Impaired Financing Receivable, Related Allowance
Average Recorded Investment
Interest Income Recognized

LOANS (Details 3)

LOANS (Details 3) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	$ 1,576	$ 7,242
Loans 60-89 Days Past Due	709	638
Loans 90 or More Days Past Due	411	690
Total Past Due Loans	2,696	8,570
Current Loans	571,357	566,996
Total	574,053	575,566
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	1,524	6,807
Loans 60-89 Days Past Due	699	615
Loans 90 or More Days Past Due	411	690
Total Past Due Loans	2,634	8,112
Current Loans	489,413	454,217
Total	492,047	462,329
Commercial Borrower [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	5	214
Loans 60-89 Days Past Due	7
Loans 90 or More Days Past Due
Total Past Due Loans	12	214
Current Loans	57,305	85,796
Total	57,317	86,010
Commercial Borrower [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	45	969
Loans 60-89 Days Past Due
Loans 90 or More Days Past Due
Total Past Due Loans	45	969
Current Loans	198,703	178,412
Total	30,497	25,031
Commercial Borrower [Member] | Real Estate Investment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	198,748	179,381
Real Estate Investment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	21	64
Loans 60-89 Days Past Due	32
Loans 90 or More Days Past Due
Total Past Due Loans	53	64
Current Loans	30,444	24,967
Total	30,497	25,031
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	1,228	5,717
Loans 60-89 Days Past Due	667	615
Loans 90 or More Days Past Due	411	690
Total Past Due Loans	2,306	7,022
Current Loans	219,322	215,958
Total	221,628	222,980
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	111
Loans 60-89 Days Past Due
Loans 90 or More Days Past Due
Total Past Due Loans	111
Current Loans	21,741	16,569
Total	21,852	16,569
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	119	57
Loans 60-89 Days Past Due
Loans 90 or More Days Past Due
Total Past Due Loans	119	57
Current Loans	19,203	18,311
Total	19,322	18,368
Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	1	7
Loans 60-89 Days Past Due		1
Loans 90 or More Days Past Due
Total Past Due Loans	1	8
Current Loans	3,865	4,442
Total	3,866	4,450
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due	46	214
Loans 60-89 Days Past Due	3	22
Loans 90 or More Days Past Due
Total Past Due Loans	49	236
Current Loans	18,934	20,396
Total	18,983	20,632
Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans 30-59 Days Past Due
Loans 60-89 Days Past Due
Loans 90 or More Days Past Due
Total Past Due Loans
Current Loans	1,840	2,145
Total	$ 1,840	$ 2,145

LOANS (Details 4)

LOANS (Details 4) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 574,053	$ 575,566
Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	558,659	555,544
Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	12,267	14,614
Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	3,127	5,408
Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	492,047	462,329
Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	477,900	446,683
Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	11,038	10,703
Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	3,109	4,943
Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	57,317	86,010
Commercial Portfolio Segment [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	56,081	81,846
Commercial Portfolio Segment [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,227	3,711
Commercial Portfolio Segment [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	9	453
Commercial Portfolio Segment [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Commercial Portfolio Segment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	198,748	179,381
Commercial Portfolio Segment [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	189,216	171,212
Commercial Portfolio Segment [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	9,079	6,112
Commercial Portfolio Segment [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	453	2,057
Commercial Portfolio Segment [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Real Estate Investment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	30,497	25,031
Real Estate Investment [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	30,300	23,168
Real Estate Investment [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	165	1,806
Real Estate Investment [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	32	57
Real Estate Investment [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	221,628	222,980
Residential Real Estate [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	218,305	218,947
Residential Real Estate [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	893	1,304
Residential Real Estate [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,430	2,729
Residential Real Estate [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	21,852	16,569
Multifamily [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	21,517	16,337
Multifamily [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	224	232
Multifamily [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	111
Multifamily [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	19,322	18,368
Farmland [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	18,562	17,019
Farmland [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	677	1,249
Farmland [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	83	100
Farmland [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	3,866	4,450
Agriculture [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	3,866	4,255
Agriculture [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		195
Agriculture [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Agriculture [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	18,983	20,632
Consumer Loan [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	18,972	20,615
Consumer Loan [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2	5
Consumer Loan [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	9	12
Consumer Loan [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,840	2,145
Other Loans [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,840	2,145
Other Loans [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Other Loans [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Other Loans [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total

ALLOWANCE FOR LOAN LOSSES (Deta

ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	$ 6,696	$ 6,575	$ 7,191	$ 5,368
Charge-offs	(65)	(124)	(1,110)	(573)
Recoveries	26	86	204	192
Provision		450	372	2,000
Ending balance	6,657	6,987	6,657	6,987
Individually evluat ed for impairment	193		193		$ 1,052
Collectively evaluated for impairment	6,464		6,464		6,139
Total	6,657		6,657		7,191
Individually evluated for impairment	3,133		3,133		5,082
Collectively evaluated for impairment	570,920		570,920		570,484
Total	574,053		574,053		575,566
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	492,047		492,047		462,329
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	1,916	1,817	2,275	1,789
Charge-offs			(92)	(326)
Recoveries	3	3	134	34
Provision	(444)	304	(842)	627
Ending balance	1,475	2,124	1,475	2,124
Individually evluat ed for impairment	3		3		404
Collectively evaluated for impairment	1,472		1,472		1,871
Total	1,475		1,475		2,275
Individually evluated for impairment	29		29		429
Collectively evaluated for impairment	57,288		57,288		85,581
Total	57,317		57,317		86,010
Commercial Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	2,151	2,054	2,281	1,248
Charge-offs		(43)	(915)	(65)
Recoveries		54	2	56
Provision	(83)	48	700	874
Ending balance	2,068	2,113	2,068	2,113
Individually evluat ed for impairment	112		112		574
Collectively evaluated for impairment	1,956		1,956		1,707
Total	2,068		2,068		2,281
Individually evluated for impairment	435		435		1,951
Collectively evaluated for impairment	198,313		198,313		177,430
Total	198,748		198,748		179,381
Real Estate Investment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	155	169	233	158
Charge-offs
Recoveries	6		6
Provision	9	21	(69)	32
Ending balance	170	190	170	190
Individually evluat ed for impairment
Collectively evaluated for impairment	170		170		233
Total	170		170		233
Individually evluated for impairment	30		30		99
Collectively evaluated for impairment	30,467		30,467		24,932
Total	30,497		30,497		25,031
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	2,046	2,039	1,951	1,736
Charge-offs	(38)	(66)	(48)	(66)
Recoveries	8	14	25	31
Provision	92	75	180	361
Ending balance	2,108	2,062	2,108	2,062
Individually evluat ed for impairment	58		58		72
Collectively evaluated for impairment	2,050		2,050		1,879
Total	2,108		2,108		1,951
Individually evluated for impairment	2,093		2,093		1,999
Collectively evaluated for impairment	219,535		219,535		220,981
Total	221,628		221,628		222,980
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	160	145	151	104
Charge-offs
Recoveries
Provision	(3)	3	6	44
Ending balance	157	148	157	148
Individually evluat ed for impairment
Collectively evaluated for impairment	157		157		151
Total	157		157		151
Individually evluated for impairment
Collectively evaluated for impairment	21,852		21,852		16,569
Total	21,852		21,852		16,569
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	137	121	97	109
Charge-offs				(42)
Recoveries				33
Provision	19	(1)	59	20
Ending balance	156	120	156	120
Individually evluat ed for impairment	20		20		2
Collectively evaluated for impairment	136		136		95
Total	156		156		97
Individually evluated for impairment	544		544		599
Collectively evaluated for impairment	18,778		18,778		17,769
Total	19,322		19,322		18,368
Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	28	49	40	27
Charge-offs				(15)
Recoveries			1	1
Provision	(1)	(5)	(14)	31
Ending balance	27	44	27	44
Individually evluat ed for impairment
Collectively evaluated for impairment	27		27		40
Total	27		27		40
Individually evluated for impairment
Collectively evaluated for impairment	3,866		3,866		4,450
Total	3,866		3,866		4,450
Consumer And All Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	103	181	163	195
Charge-offs	(27)	(15)	(55)	(59)
Recoveries	9	15	36	37
Provision	17	5	(42)	13
Ending balance	102	186	102	186
Individually evluat ed for impairment
Collectively evaluated for impairment	102		102		163
Total	102		102		163
Individually evluated for impairment	2		2		5
Collectively evaluated for impairment	20,821		20,821		22,772
Total	20,823		20,823		22,777
Unallocated Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance				2
Charge-offs
Recoveries
Provision	394		394	(2)
Ending balance	394		394
Individually evluat ed for impairment
Collectively evaluated for impairment	394		394
Total	394		394
Individually evluated for impairment
Collectively evaluated for impairment
Total

TROUBLED DEBT RESTRUCTURINGS (D

TROUBLED DEBT RESTRUCTURINGS (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)Decimal	Sep. 30, 2020USD ($)Decimal	Sep. 30, 2021USD ($)Decimal	Sep. 30, 2020USD ($)Decimal
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal		1		32
Pre-Mod. Recorded Investment		$ 32		$ 1,433
Post-Mod. Recorded Investment		$ 32		$ 1,433
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal		1		30
Pre-Mod. Recorded Investment		$ 32		$ 1,426
Post-Mod. Recorded Investment		$ 32		$ 1,426
Commercial Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal				3
Pre-Mod. Recorded Investment				$ 190
Post-Mod. Recorded Investment				$ 190
Real Estate Investment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal
Pre-Mod. Recorded Investment
Post-Mod. Recorded Investment
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal		1		27
Pre-Mod. Recorded Investment		$ 32		$ 1,236
Post-Mod. Recorded Investment		$ 32		$ 1,236
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal
Pre-Mod. Recorded Investment
Post-Mod. Recorded Investment
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal
Pre-Mod. Recorded Investment
Post-Mod. Recorded Investment
Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal
Pre-Mod. Recorded Investment
Post-Mod. Recorded Investment
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal				2
Pre-Mod. Recorded Investment				$ 7
Post-Mod. Recorded Investment				$ 7
Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
# of Loans | Decimal
Pre-Mod. Recorded Investment
Post-Mod. Recorded Investment

TROUBLED DEBT RESTRUCTURINGS _2

TROUBLED DEBT RESTRUCTURINGS (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Assets Sold under Agreements to Repurchase [Line Items]
Loans	$ 119	$ 32		$ 31
Total loan					$ 1,400
TDRs loan Charge off			$ 1,100
Loans [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Loans		$ 663	$ 835

OTHER REAL ESTATE OWNED (Detail

OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Real Estate [Abstract]
Balance, end of period	$ 3,334	$ 3,393
Additions	566	1,128
Transfers from premises and equipment	950
Proceeds from sales	(2,128)	(687)
Proceeds from insurance claims	(54)
Loans made to finance sales		(428)
Adjustment of carrying value	(423)	(132)
Gains from sales, net	73	60
Balance, end of period	$ 2,318	$ 3,334

OTHER REAL ESTATE OWNED (Deta_2

OTHER REAL ESTATE OWNED (Details Narrative) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Real Estate [Abstract]
Other Real Estate Owned	$ 950	$ 2,128	$ 562
Other real estate	$ 1,375	$ 1,375		$ 683

FAIR VALUES (Details)

FAIR VALUES (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned
Impaired loans
Total
Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 1 [Member] | Taxable Municipals [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 1 [Member] | Corporate Bond Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 1 [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned
Impaired loans
Total	105,228	48,406
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	9,650	14,107
Fair Value, Inputs, Level 2 [Member] | US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	6,292
Fair Value, Inputs, Level 2 [Member] | Taxable Municipals [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	23,833	5,345
Fair Value, Inputs, Level 2 [Member] | Corporate Bond Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	2,046	6,048
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	63,407	22,906
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	2,318	3,334
Impaired loans	2,940	4,030
Total	5,258	7,364
Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 3 [Member] | Taxable Municipals [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 3 [Member] | Corporate Bond Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 3 [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments

FAIR VALUES (Details 1)

FAIR VALUES (Details 1) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Impaired Loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 2,940	$ 4,030
Valuation Technique	Appraised Value/Discounted Cash Flows/Market Value of Note
Impaired Loans [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
General Range of Significant Unobservable Input Parcentage	0.00%
Impaired Loans [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
General Range of Significant Unobservable Input Parcentage	18.00%
Other Real Estate Owned [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 2,318	$ 3,334
Valuation Technique	Appraised Value/Comparable Sales/Other Estimates from Independent Sources
Other Real Estate Owned [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
General Range of Significant Unobservable Input Parcentage	0.00%
Other Real Estate Owned [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
General Range of Significant Unobservable Input Parcentage	18.00%

FAIR VALUES (Details 2)

FAIR VALUES (Details 2) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net Loans	$ 567,396	$ 568,375
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net Loans
Time deposits
Borrowed funds
Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net Loans	564,857	560,634
Time deposits	209,177	237,768
Borrowed funds	15,438	16,788
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net Loans	2,940	4,030
Time deposits
Borrowed funds
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net Loans	567,396	568,375
Time deposits	206,680	234,449
Borrowed funds	16,496	21,496
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net Loans	567,797	564,664
Time deposits	209,177	237,768
Borrowed funds	$ 15,438	$ 16,788

LEASING ACTIVITIES (Details)

LEASING ACTIVITIES (Details) $ in Thousands	Sep. 30, 2021USD ($)
Leases [Abstract]
2021	$ 128
2022	530
2023	544
2024	546
2025	550
Thereafter	3,978
Total lease payments	6,276
Less imputed interest	1,125
Total	$ 5,151

LEASING ACTIVITIES (Details Nar

LEASING ACTIVITIES (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Leases [Abstract]
Weighted average remaining life	11 years 1 month 20 days
Weighted average discount rate	$ 0.0316
Operating lease expenses	$ 421	$ 429

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
Service charges and fees		$ 1,001	$ 859	$ 2,674	$ 2,238
Card Processing and interchange income		982	892	2,918	2,480
Gain on sale of securities available for sale	[1]	322		322	4
Insurance and investment fees		222	206	723	447
Other noninterest income		443	159	840	744
Total Noninterest Income		$ 2,970	$ 2,116	$ 7,477	$ 5,913
[1]	Not within the scope of ASU 2014-09