South Plains Financial (SPFI) 10-Q 14 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 14, 2019
Cover [Abstract]
Entity Registrant Name	SOUTH PLAINS FINANCIAL, INC.
Entity Central Index Key	0001163668
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		17,983,146
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Address, Country	US
Entity Address, State or Province	TX

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 38,302	$ 47,802
Interest-bearing deposits in banks	367,064	198,187
Federal funds sold	2,750	0
Cash and cash equivalents	408,116	245,989
Securities available for sale	263,564	338,196
Loans held for sale	38,932	38,382
Loans held for investment	1,935,653	1,957,197
Allowance for loan losses	(24,171)	(23,126)
Accrued interest receivable	9,976	12,957
Premises and equipment, net	59,705	59,787
Bank-owned life insurance	57,794	57,172
Other assets	27,601	26,191
Total assets	2,777,170	2,712,745
Deposits:
Noninterest-bearing	513,383	510,067
Interest-bearing	1,768,475	1,767,387
Total deposits	2,281,858	2,277,454
Short-term borrowings	8,810	17,705
Accrued expenses and other liabilities	27,524	29,416
Notes payable & other borrowings	95,000	95,000
Subordinated debt securities	26,472	34,002
Junior subordinated deferrable interest debentures	46,393	46,393
Total liabilities	2,486,057	2,499,970
Commitments and contingent liabilities
ESOP owned shares	0	58,195
Stockholders' equity:
Common stock, $1.00 par value per share, 30,000,000 shares authorized; 17,978,520 and 14,771,520 issued and outstanding at June 30, 2019 and December 31, 2018, respectively	17,979	14,772
Additional paid-in capital	140,189	80,412
Retained earnings	129,408	119,834
Accumulated other comprehensive income (loss)	3,537	(2,243)
Stockholders' equity including ESOP owned shares	291,113	212,775
Less ESOP owned shares	0	58,195
Total stockholders' equity	291,113	154,580
Total liabilities and stockholders' equity	$ 2,777,170	$ 2,712,745

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	17,978,520	14,771,520
Common stock, shares outstanding (in shares)	17,978,520	14,771,520

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest income:
Loans, including fees	$ 28,592	$ 25,627	$ 56,690	$ 49,736
Securities:
Taxable	1,816	792	3,992	1,587
Non taxable	218	1,021	443	2,116
Federal funds sold and interest-bearing deposits in banks	1,883	968	3,388	2,252
Total interest income	32,509	28,408	64,513	55,691
Interest expense:
Deposits	6,139	3,796	12,028	7,289
Notes payable & other borrowings	618	473	1,268	903
Subordinated debt securities	403	245	809	490
Junior subordinated deferrable interest debentures	512	455	1,025	852
Total interest expense	7,672	4,969	15,130	9,534
Net interest income	24,837	23,439	49,383	46,157
Provision for loan losses	875	1,540	1,483	2,318
Net interest income, after provision for loan losses	23,962	21,899	47,900	43,839
Noninterest income:
Service charges on deposit accounts	1,979	1,861	3,884	3,778
Income from insurance activities	1,210	1,135	2,960	2,530
Net gain on sales of loans	6,235	5,899	10,895	10,210
Bank card services and interchange fees	2,071	2,051	4,081	4,009
Investment commissions	493	425	826	875
Other	1,715	1,597	3,132	3,034
Total noninterest income	13,703	12,968	25,778	24,436
Noninterest expense:
Salaries and employee benefits	18,784	17,818	37,909	35,419
Occupancy and equipment, net	3,416	3,391	6,823	6,715
Professional services	1,611	1,400	3,317	2,829
Marketing and development	796	760	1,513	1,578
IT and data services	689	553	1,382	1,103
Bank card expenses	806	659	1,530	1,323
Appraisal expenses	407	354	730	639
Other	3,421	3,487	6,762	6,693
Total noninterest expense	29,930	28,422	59,966	56,299
Income before income taxes	7,735	6,445	13,712	11,976
Income tax expense (benefit)	1,655	(6,568)	2,859	(6,538)
Net income	$ 6,080	$ 13,013	$ 10,853	$ 18,514
Earnings per share:
Basic (in dollars per share)	$ 0.37	$ 0.88	$ 0.69	$ 1.25
Diluted (in dollars per share)	$ 0.37	$ 0.88	$ 0.69	$ 1.25
Net income	$ 6,080	$ 13,013	$ 10,853	$ 18,514
Other comprehensive income (loss):
Change in net unrealized loss on securities available for sale	4,410	(1,011)	7,317	(4,171)
Tax effect	(926)	970	(1,537)	970
Other comprehensive income (loss)	3,484	(41)	5,780	(3,201)
Comprehensive income	$ 9,564	12,972	$ 16,633	15,313
Pro Forma [Member]
Noninterest expense:
Income tax expense (benefit)		969		1,852
Net income		$ 5,333		$ 9,981
Earnings per share:
Basic (in dollars per share)		$ 0.36		$ 0.68
Diluted (in dollars per share)		$ 0.36		$ 0.68
Net income		$ 5,333		$ 9,981

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]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Less: ESOP Owned Shares [Member]	Total
Balance at Dec. 31, 2017	$ 15,154	$ 85,888	$ 120,589	$ (446)	$ (5,858)	$ (57,121)	$ 158,206
Balance (in shares) at Dec. 31, 2017	15,153,510
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	18,514	0	0	0	18,514
Cash dividends, common	0	0	(17,544)	0	0	0	(17,544)
Other comprehensive income (loss), (net of tax)	0	0	0	(3,201)	0	0	(3,201)
Balance at Jun. 30, 2018	$ 15,154	85,888	121,559	(3,647)	(5,858)	(57,121)	155,975
Balance (in shares) at Jun. 30, 2018	15,153,510
Balance at Mar. 31, 2018	$ 15,154	85,888	123,875	(3,606)	(5,858)	(57,121)	158,332
Balance (in shares) at Mar. 31, 2018	15,153,510
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	13,013	0	0	0	13,013
Cash dividends, common	0	0	(15,329)	0	0	0	(15,329)
Other comprehensive income (loss), (net of tax)	0	0	0	(41)	0	0	(41)
Balance at Jun. 30, 2018	$ 15,154	85,888	121,559	(3,647)	(5,858)	(57,121)	155,975
Balance (in shares) at Jun. 30, 2018	15,153,510
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative change in accounting principle	$ 0	0	(1,279)	0	0	0	(1,279)
Balance at Dec. 31, 2018	$ 14,772	80,412	119,834	(2,243)	0	(58,195)	$ 154,580
Balance (in shares) at Dec. 31, 2018	14,771,520						14,771,520
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net	$ 3,207	48,185	0	0	0	0	$ 51,392
Issuance of common stock, net (in shares)	3,207,000
Net income	$ 0	0	10,853	0	0	0	10,853
Other comprehensive income (loss), (net of tax)	0	0	0	5,780	0	0	5,780
Terminated ESOP put option	0	0	0	0	0		58,195
Stock based compensation	0	142	0	0	0	0	142
Share-based liability awards modified to equity awards	0	11,450	0	0	0	0	11,450
Balance at Jun. 30, 2019	$ 17,979	140,189	129,408	3,537	0	0	$ 291,113
Balance (in shares) at Jun. 30, 2019	17,978,520						17,978,520
Balance at Mar. 31, 2019	$ 14,772	80,412	123,328	53	0	(58,195)	$ 160,370
Balance (in shares) at Mar. 31, 2019	14,771,520
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net	$ 3,207	48,185	0	0	0	0	51,392
Issuance of common stock, net (in shares)	3,207,000
Net income	$ 0	0	6,080	0	0	0	6,080
Other comprehensive income (loss), (net of tax)	0	0	0	3,484	0	0	3,484
Terminated ESOP put option	0	0	0	0	0		58,195
Stock based compensation	0	142	0	0	0	0	142
Share-based liability awards modified to equity awards	0	11,450	0	0	0	0	11,450
Balance at Jun. 30, 2019	$ 17,979	$ 140,189	$ 129,408	$ 3,537	$ 0	$ 0	$ 291,113
Balance (in shares) at Jun. 30, 2019	17,978,520						17,978,520

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) [Abstract]
Cash dividends, common (in dollars per share)	$ 1.04	$ 1.19

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net income	$ 10,853	$ 18,514
Adjustments to reconcile net income to net cash from operating activities:
Provision for loan losses	1,483	2,318
Depreciation and amortization	2,474	2,611
Accretion and amortization	(296)	1,228
Other gains, net	(149)	(107)
Net gain on sales of loans	(10,895)	(10,210)
Proceeds from sales of loans held for sale	274,021	275,120
Loans originated for sale	(263,676)	(266,918)
Earnings on bank-owned life insurance	(622)	(666)
Stock based compensation	142	0
Net change in:
Accrued interest receivable and other assets	45	(6,340)
Accrued expenses and other liabilities	8,279	5,152
Net cash from operating activities	21,659	20,702
Activity in securities available for sale:
Purchases	(11,233)	(200,664)
Maturities, prepayments, and calls	93,478	210,172
Activity in securities held to maturity:
Maturities, prepayments, and calls	0	14,675
Loan originations and principal collections, net	19,940	(83,319)
Purchases of premises and equipment, net	(2,406)	(1,721)
Proceeds from sales of premises and equipment	74	35
Proceeds from sales of foreclosed assets	1,244	1,848
Net cash from investing activities	101,097	(58,974)
Cash flows from financing activities:
Net change in deposits	4,404	29,550
Net change in short-term borrowings	(8,895)	10,800
Proceeds from common stock issuance, net	51,392	0
Payments made on notes payable and other borrowings	(7,530)	0
Cash dividends on common stock	0	(17,544)
Net cash from financing activities	39,371	22,806
Net change in cash and cash equivalents	162,127	(15,466)
Beginning cash and cash equivalents	245,989	294,563
Ending cash and cash equivalents	408,116	279,097
Supplemental disclosures of cash flow information:
Interest paid on deposits and borrowed funds	14,866	7,313
Income taxes paid	2,853	0
Supplemental schedule of noncash investing and financing activities:
Loans transferred to foreclosed assets	1,166	5,526
Share-based liability awards modified to equity awards	$ 11,450	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Wholly Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Windmark Insurance Agency, Inc. Non-bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (SPFCT) III-V Non-bank subsidiaries Basis of Presentation and Consolidation The interim consolidated financial statements in this Report have not been audited by an independent registered public accounting firm, but in the opinion of management, reflect all adjustments necessary for a fair presentation of the Company’s financial position and results of operations. All such adjustments were of a normal and recurring nature. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q adopted by the Securities and Exchange Commission (“SEC”). Accordingly, the financial statements do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Company’s consolidated financial statements, and notes thereto, for the year ended December 31, 2018 in our prospectus filed with the SEC pursuant to Rule 424(b) of the Securities Act of 1933, as amended, on May 9, 2019 (“IPO Prospectus”). Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period. Use of Estimates Change in Capital Structure On March 11, 2019, the Company amended and restated its Certificate of Formation. The original Certificate of Formation was amended to change the capital structure to authorize the issuance of 30,000,000 shares of common stock, par value $1.00 per share. The Company completed a 29-to-1 stock split of the Company’s outstanding shares of common stock for shareholders of record as of March 11, 2019. The stock split was payable in the form of a dividend on or about March 11, 2019. Shareholders received 29 additional shares for each share held as of the record date. All share and per share amounts in the consolidated financial statements have been retroactively adjusted to reflect this stock split for all periods presented. Stock Offering Pro Forma Information In accordance with applicable provisions of the Internal Revenue Code of 1986, as amended, the terms of the South Plains Financial, Inc. Employee Stock Ownership Plan (“ESOP”), provided that, for so long as we were a privately held company, ESOP participants would have the right, for a specified period of time, to require us to repurchase shares of our common stock that were distributed to them by the ESOP. This repurchase obligation terminated upon the consummation of our initial public offering and listing of our common stock on the NASDAQ Global Select Market in May 2019. However, because we were privately held at December 31, 2018, the shares of common stock held by the ESOP have been reflected in our consolidated balance sheets as a line item called ESOP-owned shares, that appears between total liabilities and stockholders’ equity during that period. As a result, the value of ESOP-owned shares have been deducted from stockholders’ equity in our consolidated balance sheet for that period. For all periods following our initial public offering and continued listing of our common stock on the NASDAQ Global Select Market, the ESOP-owned shares are and will be included in stockholders’ equity. Change in Accounting Principle Stock-based Compensation Recent Accounting Pronouncements Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) ASU 2016-01 Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ASU 2016-02 Leases (Topic 842). ASU 2016-13 Financial Instruments - Credit Losses (Topic 326).

SECURITIES

SECURITIES	6 Months Ended
	Jun. 30, 2019
SECURITIES [Abstract]
SECURITIES	2. SECURITIES The amortized cost and fair value of securities, with gross unrealized gains and losses, at period-end follow: Amortized Cost Gross Gains Gross Losses Fair Value June 30, 2019 Available for sale: U.S. government and agencies $ 10,343 $ 63 $ (2 ) $ 10,404 State and municipal 31,249 772 (31 ) 31,990 Mortgage-backed securities 179,509 3,199 (127 ) 182,581 Asset-backed and other amortizing securities 37,986 603 - 38,589 $ 259,087 $ 4,637 $ (160 ) $ 263,564 Amortized Gross Gains Gross Losses Fair Value December 31, 2018 Available for sale: U.S. government and agencies $ 84,765 $ 18 $ (76 ) $ 84,707 State and municipal 32,205 480 (375 ) 32,310 Mortgage-backed securities 184,267 29 (2,040 ) 182,256 Asset-backed and other amortizing securities 39,799 1 (877 ) 38,923 $ 341,036 $ 528 $ (3,368 ) $ 338,196 The amortized cost and fair value of securities at June 30, 2019 are presented below by contractual maturity. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Other securities are shown separately since they are not due at a single maturity date. Available for Sale Amortized Fair Within 1 year $ 3,496 $ 3,496 After 1 year through 5 years 7,317 7,380 After 5 years through 10 years 10,105 10,249 After 10 years 20,674 21,269 Other 217,495 221,170 $ 259,087 $ 263,564 At June 30, 2019 and December 31, 2018, there were no holdings of securities of any one issuer, other than the U.S. government and its agencies, in an amount greater than 10% of stockholders’ equity. Securities with a carrying value of approximately $207.1 million and $200.0 million at June 30, 2019 and December 31, 2018, respectively, were pledged to collateralize public deposits and for other purposes as required or permitted by law. The following table segregates securities with unrealized losses at the periods indicated, by the duration they have been in a loss position: Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss June 30, 2019 U.S. government and agencies $ - $ - $ 5,591 $ 2 $ 5,591 $ 2 State and municipal - - 4,395 31 4,395 31 Mortgage-backed securities - - 42,240 127 42,240 127 Asset-backed and other amortizing securities - - - - - - $ - $ - $ 52,226 $ 160 $ 52,226 $ 160 December 31, 2018 U.S. government and agencies $ 77,891 $ 27 $ 2,048 $ 49 $ 79,939 $ 76 State and municipal 5,662 92 9,781 283 15,443 375 Mortgage-backed securities 108,962 293 54,035 1,747 162,997 2,040 Asset-backed and other amortizing securities - - 37,351 877 37,351 877 $ 192,515 $ 412 $ 103,215 $ 2,956 $ 295,730 $ 3,368 There were 27 securities with an unrealized loss at June 30, 2019. Management does not believe that these losses are other than temporary as there is no intent to sell any of these securities before recovery and it is not probable that we will be required to sell any of these securities before recovery, and credit loss, if any, is not material. Any unrealized losses are largely due to increases in market interest rates over the yields available at the time the underlying securities were purchased. The fair value is expected to recover as the securities approach their maturity date or if market yields for such investments decline. Management does not believe any of the securities are impaired due to reasons of credit quality. Accordingly, as of June 30, 2019, management believes the impairments detailed in the table above are temporary and no impairment loss has been realized in the Company’s consolidated financial statements.

LOANS

LOANS	6 Months Ended
	Jun. 30, 2019
LOANS [Abstract]
LOANS	3. LOANS Loans are summarized by category as follows: June 30, December 31, Commercial real estate $ 533,680 $ 538,037 Commercial - specialized 294,188 305,022 Commercial - general 391,434 427,728 Consumer: 1-4 family residential 348,569 346,153 Auto loans 206,777 191,647 Other consumer 71,559 70,209 Construction 89,446 78,401 1,935,653 1,957,197 Allowance for loan losses (24,171 ) (23,126 ) Loans, net $ 1,911,482 $ 1,934,071 The Company has certain lending policies, underwriting standards, and procedures in place that are designed to maximize loan income with an acceptable level of risk. Management reviews and approves these policies, underwriting standards, and procedures on a regular basis and makes changes as appropriate. Management receives frequent reports related to loan originations, quality, concentrations, delinquencies, non-performing, and potential problem loans. Diversification in the loan portfolio is a means of managing risk associated with fluctuations in economic conditions, both by type of loan and geography. Commercial – General and Specialized Commercial Real Estate Construction Consumer The following table details the activity in the allowance for loan losses. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Beginning Balance Provision for loan losses Charge-offs Recoveries Ending Balance For the three months ended June 30, 2019 Commercial real estate $ 5,335 $ (28 ) $ - $ 108 $ 5,415 Commercial - specialized 2,327 985 (5 ) 39 3,346 Commercial - general 8,504 (324 ) (60 ) 205 8,325 Consumer: 1-4 family residential 2,416 (127 ) - 21 2,310 Auto loans 3,067 202 (248 ) 46 3,067 Other consumer 1,174 216 (233 ) 42 1,199 Construction 558 (49 ) - - 509 Total $ 23,381 $ 875 $ (546 ) $ 461 $ 24,171 For the three months ended June 30, 2018 Commercial real estate $ 5,129 $ 746 $ (1,539 ) $ - $ 4,336 Commercial - specialized 2,650 265 - 9 2,924 Commercial - general 8,925 (313 ) (28 ) 149 8,733 Consumer: 1-4 family residential 1,427 160 (140 ) 4 1,451 Auto loans 2,386 372 (184 ) 29 2,603 Other consumer 1,053 184 (140 ) 61 1,158 Construction 399 126 (15 ) - 510 Total $ 21,969 $ 1,540 $ (2,046 ) $ 252 $ 21,715 Beginning Balance Provision for loan losses Charge-offs Recoveries Ending Balance For the six months ended June 30, 2019 Commercial real estate $ 5,579 $ (379 ) $ - $ 215 $ 5,415 Commercial - specialized 2,516 804 (37 ) 63 3,346 Commercial - general 8,173 (60 ) (65 ) 277 8,325 Consumer: 1-4 family residential 2,249 28 (19 ) 52 2,310 Auto loans 2,994 500 (506 ) 79 3,067 Other consumer 1,192 429 (513 ) 91 1,199 Construction 423 161 (75 ) - 509 Total $ 23,126 $ 1,483 $ (1,215 ) $ 777 $ 24,171 For the six months ended June 30, 2018 Commercial real estate $ 3,769 $ 2,106 $ (1,539 ) $ - $ 4,336 Commercial - specialized 2,367 530 (38 ) 65 2,924 Commercial - general 10,151 (1,626 ) (127 ) 335 8,733 Consumer: 1-4 family residential 1,787 (199 ) (141 ) 4 1,451 Auto loans 2,068 892 (418 ) 61 2,603 Other consumer 971 438 (349 ) 98 1,158 Construction 348 177 (15 ) - 510 Total $ 21,461 $ 2,318 $ (2,627 ) $ 563 $ 21,715 The following table shows the Company’s investment in loans disaggregated based on the method of evaluating impairment: Recorded Investment Allowance for Loan Losses Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated June 30, 2019 Commercial real estate $ 403 $ 533,277 $ - $ 5,415 Commercial - specialized 1,922 292,266 68 3,278 Commercial - general 2,667 388,767 333 7,992 Consumer: 1-4 family residential 2,432 346,137 35 2,275 Auto loans - 206,777 - 3,067 Other consumer - 71,559 - 1,199 Construction - 89,446 - 509 Total $ 7,424 $ 1,928,229 $ 436 $ 23,735 December 31, 2018 Commercial real estate $ 1,819 $ 536,218 $ - $ 5,579 Commercial - specialized 2,116 302,906 - 2,516 Commercial - general 2,950 424,778 233 7,940 Consumer: 1-4 family residential 2,475 343,678 8 2,241 Auto loans - 191,647 - 2,994 Other consumer - 70,209 - 1,192 Construction - 78,401 - 423 Total $ 9,360 $ 1,947,837 $ 241 $ 22,885 Impaired loan information follows: Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment June 30, 2019 Commercial real estate $ 858 $ 403 $ - $ 403 $ - $ 1,111 Commercial - specialized 3,137 1,875 47 1,922 68 2,019 Commercial - general 3,260 - 2,667 2,667 333 2,809 Consumer: 1-4 family 2,851 1,976 456 2,432 35 2,454 Auto loans - - - - - - Other consumer - - - - - - Construction - - - - - - Total $ 10,106 $ 4,254 $ 3,170 $ 7,424 $ 436 $ 8,393 December 31, 2018 Commercial real estate $ 2,274 $ 1,819 $ - $ 1,819 $ - $ 4,590 Commercial - specialized 2,116 2,116 - 2,116 - 3,742 Commercial - general 4,758 240 2,710 2,950 233 3,963 Consumer: 1-4 family 2,894 2,111 364 2,475 8 2,881 Auto loans - - - - - - Other consumer - - - - - - Construction - - - - - - Total $ 12,042 $ 6,286 $ 3,074 $ 9,360 $ 241 $ 15,176 All impaired loans $250,000 and greater were specifically evaluated for impairment. Interest income recognized using a cash-basis method on impaired loans for the period ended June 30, 2019 and the year ended December 31, 2018 was not significant. Additional funds committed to be advanced on impaired loans are not significant. The table below provides an age analysis on accruing past-due loans and nonaccrual loans: 30-89 Days Past Due 90 Days or More Past Due Nonaccrual June 30, 2019 Commercial real estate $ 545 $ 309 $ 294 Commercial - specialized 1,717 224 2,445 Commercial - general 777 650 2,096 Consumer: 1-4 Family residential 1,488 111 1,749 Auto loans 616 24 - Other consumer 539 44 - Construction 1,186 - - Total $ 6,868 $ 1,362 $ 6,584 December 31, 2018 Commercial real estate $ 1,748 $ - $ 217 Commercial - specialized 992 - 2,550 Commercial - general 2,625 - 2,134 Consumer: 1-4 Family residential 1,611 440 1,489 Auto loans 825 50 Other consumer 883 74 Construction - - - Total $ 8,684 $ 564 $ 6,390 The Company grades its loans on a thirteen-point grading scale. These grades fit in one of the following categories: (i) pass, (ii) special mention, (iii) substandard, (iv) doubtful, or (v) loss. Loans categorized as loss are charged-off immediately. The grading of loans reflect a judgment about the risks of default associated with the loan. The Company reviews the grades on loans as part of our on-going monitoring of the credit quality of our loan portfolio. Pass loans have financial factors or nature of collateral that are considered reasonable credit risks in the normal course of lending and encompass several grades that are assigned based on varying levels of risk, ranging from credits that are secured by cash or marketable securities, to watch credits which have all the characteristics of an acceptable credit risk but warrant more than the normal level of monitoring. Special mention loans have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of repayment prospects for the loans at some future date. Substandard loans are inadequately protected by the current net worth and paying capacity of the borrower or by the collateral pledged, if any. These loans have a well-defined weakness or weaknesses that jeopardize collection and present the distinct possibility that some loss will be sustained if the deficiencies are not corrected. A protracted workout on these credits is a distinct possibility. Prompt corrective action is therefore required to strengthen the Company’s position, and/or to reduce exposure and to assure that adequate remedial measures are taken by the borrower. Credit exposure becomes more likely in such credits and a serious evaluation of the secondary support to the credit is performed. Substandard loans can be accruing or can be nonaccrual depending on the circumstances of the individual loans. Doubtful loans have all the weaknesses inherent in substandard loans with the added characteristics that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. All doubtful loans are on nonaccrual. The following table summarizes the internal classifications of loans: Pass Special Mention Substandard Doubtful Total June 30, 2019 Commercial real estate $ 509,597 $ 21,096 $ 2,987 $ - $ 533,680 Commercial - specialized 282,369 - 11,819 - 294,188 Commercial - general 380,703 1,304 9,427 - 391,434 Consumer: 1-4 family residential 343,337 - 5,232 - 348,569 Auto loans 206,396 - 381 - 206,777 Other consumer 71,334 - 225 - 71,559 Construction 89,446 - - - 89,446 Total $ 1,883,182 $ 22,400 $ 30,071 $ - $ 1,935,653 December 31, 2018 Commercial real estate $ 514,249 $ 17,300 $ 6,488 $ - $ 538,037 Commercial - specialized 301,289 - 3,733 - 305,022 Commercial - general 415,675 1,449 10,604 - 427,728 Consumer: 1-4 family residential 340,836 - 5,317 - 346,153 Auto loans 191,435 - 212 - 191,647 Other consumer 70,075 - 134 - 70,209 Construction 78,401 - - - 78,401 Total $ 1,911,960 $ 18,749 $ 26,488 $ - $ 1,957,197 There were no loans restructured as troubled debt restructurings during the six-month period ended June 30, 2019 and the year ended December 31, 2018.

BORROWING ARRANGEMENTS

BORROWING ARRANGEMENTS	6 Months Ended
	Jun. 30, 2019
BORROWING ARRANGEMENTS [Abstract]
BORROWING ARRANGEMENTS	4. BORROWING ARRANGEMENTS Subordinated debt securities In January 2014, the Company issued $20.9 million in subordinated debt securities. These securities pay interest quarterly and mature January 2024. There was $6.5 million issued at a current rate of 4% and $14.4 million at a current rate of 5%. These rates are fixed for five years and then float at Wall Street Journal In December 2018, the Company issued $26.5 million in subordinated debt securities. $12.4 million of the securities have a maturity date of December 2028 and an average fixed rate of 5.74% for the first five years. The remaining $14.1 million of securities have a maturity date of December 2030 and an average fixed rate of 6.41% for the first seven years. After the fixed rate periods, all securities will float at the Wall Street Journal

EMPLOYEE BENEFITS

EMPLOYEE BENEFITS	6 Months Ended
	Jun. 30, 2019
EMPLOYEE BENEFITS [Abstract]
EMPLOYEE BENEFITS	5. EMPLOYEE BENEFITS Non-Qualified Plans As a result of the Company becoming a reporting company with the SEC, the Company is now required to use the fair value method for these SARs. The Company’s calculation of the fair value of the SARs, as of January 1, 2019, exceeded the recorded intrinsic value by $1.6 million. Therefore, the Company recorded a cumulative-effect adjustment to retained earnings for $1.3 million ($1.6 million net of $340,000 in tax) effective January 1, 2019 and applied this change prospectively. The Company recorded expense of $607,000 for the increase in the intrinsic value of the SARs, prior to the change to the fair value method, and the change in fair value of the SARs at January 1, 2019. The Company also recorded $69,000 of expense related to vesting for the SARs, prior to conversion on May 6, 2019. See next footnote for further discussion of the conversion.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2019
STOCK-BASED COMPENSATION [Abstract]
STOCK-BASED COMPENSATION	6. STOCK-BASED COMPENSATION Equity Incentive Plan The 2019 Equity Incentive Plan (“Plan”) was approved by the Company’s Board of Directors on January 16, 2019 and by its shareholders on March 6, 2019. The purpose of this Plan is to: (i) attract and retain the best available personnel for positions of substantial responsibility, (ii) provide additional incentive to employees, directors and consultants, and (iii) promote the success of the Company’s business. This Plan permits the grant of incentive stock options, nonstatutory stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, performance shares, and other stock-based awards. The maximum aggregate number of shares of common stock that may be issued pursuant to all awards under the Plan is 2,300,000. The maximum aggregate number of shares that may be issued under the Plan may be increased annually by up to 3% of the total issued and outstanding common shares of the Company at the beginning of each fiscal year. The fair value of each option award is estimated on the date of grant using a closed form option valuation (“Black-Scholes”) model that uses the assumptions noted in the table below. Expected volatilities are based on historical volatilities of the Company’s common stock and similar peer company averages. The Company uses historical data to estimate option exercise and post-vesting termination behavior. The expected term of options granted represents the period of time that options granted are expected to be outstanding, which takes in to account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on U.S. Treasury yield curve in effect at the time of the grant. Options A summary of activity in the Plan during the six months ended June 30, 2019 is presented in the table below: Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Six Months Ended June 30, 2019 Outstanding at beginning of year: - $ - - $ - Granted 1,411,342 12.50 5.59 6,223 Exercised - - - - Forfeited - - - - Balance, June 30, 2019 1,411,342 $ 12.50 5.59 $ 6,223 Exercisable at end of period - $ - - $ - Vested at end of period 1,206,900 $ 11.53 5.96 $ 6,223 A summary of assumptions used to calculate the fair values of the awards is presented below: Six Months Ended June 30, 2019 Expected volatility 24.88% to 28.64 % Expected dividend yield 0.70 % Expected term (years) 0.5 - 7.0 years Risk-free interest rate 2.39% to 2.63 % Weighted average grant date fair value $ 8.61 On January 16, 2019, the Company approved the conversion of its previously issued SARs to stock options. There were 1,401,000 outstanding SARs that were converted effective as of May 6, 2019, which are included in the tables above. The fair value of the SARs was $11.5 million at the conversion date. During the modification of these awards from liabilities to equity, the Company accelerated the expiration date, between two and four years, on 750,000 of the options. As a result, the fair value of the options after modification was $11.2 million. However, since the fair value of the new equity awards was less than the fair value of the liability awards, no adjustment was made to the income statement. The $11.5 million was reclassified from liabilities to equity. Restricted Stock Awards and Units A summary of activity in the Plan during the six months ended June 30, 2019 is presented in the table below: Number of Shares Weighted- Average Grant Date Fair Value Six Months Ended June 30, 2019 Outstanding at beginning of year: - $ - Granted 52,764 21.32 Exercised - - Forfeited - - Balance, June 30, 2019 52,764 $ 21.32 Exercisable at end of period - $ - Vested at end of period - $ - Restricted stock granted typically vests over five years, but vesting periods may vary. Compensation expense for these grants will be recognized over the vesting period of the awards based on the fair value of the stock at the issue date. The total unrecognized compensation cost for the awards outstanding under the Plan at June 30, 2019 was $2.0 million and will be recognized over a weighted average remaining period of 2.46 years. Employment Agreement Effective March 6, 2019, the Company entered into an employment agreement with its President. The employment agreement has an initial term of three years and will automatically renew for additional three-year terms, unless the Company or the President provides 90-days’ advance notice of non-renewal. In the event that the President’s employment is terminated by the Company without cause or by the President for good reason, each as defined in the employment agreement, the employment agreement provides that he will receive severance equal to two times the sum of his annual base salary and annual target cash incentive bonus and a lump sum payment equal to 24 months’ of the monthly premiums to continue existing healthcare coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”). If such involuntary termination occurs within the 24-month period following a change in control, as defined in the employment agreement, in lieu of the foregoing, the severance due would be three times the sum of annual base salary and annual target cash incentive bonus and a lump sum payment equal to 36 months’ of the monthly premiums to continue existing healthcare coverage under COBRA. Additionally, any equity and phantom equity awards would fully vest upon any termination of employment by the Company without cause or by the President for good reason.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2019
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	7. COMMITMENTS AND CONTINGENCIES Financial instruments with off-balance-sheet risk Financial instruments whose contract amounts represent credit risk outstanding follow: June 30, 2019 December 31, 2018 Commitments to grant loans and unfunded commitments under lines of credit $ 386,601 $ 346,245 Standby letters-of-credit 8,195 5,062 Commitments to grant loans and extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The commitments for lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Company, is based on management’s credit evaluation of the customer. Standby letters-of-credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those letters-of-credit are primarily issued to support public and private borrowing arrangements. Essentially all letters-of-credit issued have expiration dates within one year. The credit risk involved in issuing letters-of-credit is essentially the same as that involved in extending loan facilities to customers. The Company requires collateral supporting those commitments if deemed necessary. Litigation Federal Home Loan Bank

CAPITAL AND REGULATORY MATTERS

CAPITAL AND REGULATORY MATTERS	6 Months Ended
	Jun. 30, 2019
CAPITAL AND REGULATORY MATTERS [Abstract]
CAPITAL AND REGULATORY MATTERS	8. CAPITAL AND REGULATORY MATTERS The Company and its bank subsidiary are subject to various regulatory capital requirements administered by its banking regulators. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and its bank subsidiary’s financial statements. Under capital guidelines and the regulatory framework for prompt corrective action, the Company and its bank subsidiary must meet specific capital guidelines that involve quantitative measures of their 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. Prompt corrective action provisions are not applicable to bank holding companies. In July 2013, the Federal Reserve Board published final rules for the adoption of the Basel III regulatory capital framework (“Basel III”). Basel III, among other things, (i) introduced a new capital measure called Common Equity Tier 1 (“CET1”), (ii) specified that Tier 1 capital consists of CET1 and Additional Tier 1 Capital instruments meeting specified requirements, (iii) defined Common Equity Tier 1 narrowly by requiring that most deductions/adjustments to regulatory capital measures be made to CET1 and not to the other components of capital and (iv) expanded the scope of the deductions/adjustments as compared to existing regulations. Basel III became effective for the Company and its bank subsidiary on January 1, 2016 with certain transition provisions fully phased-in on January 1, 2019. Quantitative measures established by regulation to ensure capital adequacy require the Company and its bank subsidiary to maintain minimum amounts and ratios (set forth in the following table) of total, Tier 1 and CET1 capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier 1 capital (as defined) to average assets (as defined). Management believes, as of June 30, 2019 and December 31, 2018, that the Company and its bank subsidiary met all capital adequacy requirements to which they are subject. As of June 30, 2019, the bank subsidiary was well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based, CET1 and Tier 1 leverage ratios as set forth in the following tables. There are no conditions or events since June 30, 2019 that management believes have changed the bank subsidiary’s category. The Company and its bank subsidiary’s actual capital amounts and ratios follow: Actual Minimum Required Under BASEL III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio June 30, 2019: Total Capital to Risk Weighted Assets: Consolidated $ 383,399 17.7 % $ 226,833 10.5 % N/A N/A City Bank 305,013 14.1 % 226,793 10.5 % $ 215,994 10.0 % Tier I Capital to Risk Weighted Assets: Consolidated 332,575 15.4 % 183,627 8.5 % N/A N/A City Bank 280,662 13.0 % 183,594 8.5 % 172,795 8.0 % Common Tier 1 (CET1): Consolidated 287,525 13.3 % 151,222 7.0 % N/A N/A City Bank 280,662 13.0 % 151,195 7.0 % 140,396 6.5 % Tier I Capital to Average Assets: Consolidated 332,575 12.1 % 108,707 4.0 % N/A N/A City Bank 280,662 10.2 % 109,919 4.0 % 137,398 5.0 % December 31, 2018: Total Capital to Risk Weighted Assets: Consolidated $ 309,798 14.3 % $ 214,301 9.9 % N/A N/A City Bank 294,572 13.6 % 214,246 9.9 % $ 216,958 10.0 % Tier I Capital to Risk Weighted Assets: Consolidated 260,020 12.0 % 170,898 7.9 % N/A N/A City Bank 271,266 12.5 % 170,855 7.9 % 173,567 8.0 % Common Tier 1 (CET1): Consolidated 215,020 9.9 % 138,346 6.4 % N/A N/A City Bank 271,266 12.5 % 138,311 6.4 % 141,023 6.5 % Tier I Capital to Average Assets: Consolidated 260,020 9.6 % 108,033 4.0 % N/A N/A City Bank 271,266 10.1 % 107,940 4.0 % 134,925 5.0 % State banking regulations place certain restrictions on dividends paid by banks to their shareholders. Dividends paid by the Company’s bank subsidiary would be prohibited if the effect thereof would cause the bank subsidiary’s capital to be reduced below applicable minimum capital requirements.

DERIVATIVES

DERIVATIVES	6 Months Ended
	Jun. 30, 2019
DERIVATIVES [Abstract]
DERIVATIVES	9. DERIVATIVES The Company utilizes interest rate swap agreements as part of its asset-liability management strategy to help manage its interest-rate risk position. The notional amount of the interest rate swaps does not represent amounts exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest rate swap agreements. The following table reflects the fair value hedges included in the consolidated balance sheets: June 30, 2019 December 31, 2018 Notional Amount Fair Value Notional Amount Fair Value Included in other liabilities: Interest rate swaps related to fixed rate loans $ 10,768 $ 331 $ - $ - Included in other assets: Interest rate swaps related to fixed rate loans $ - $ - $ 10,917 $ 169 Mortgage banking derivatives The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets: June 30, 2019 December 31, 2018 Notional Amount Fair Value Notional Amount Fair Value Included in other assets: Forward contracts related to mortgage loans held for sale $ - $ - $ - $ - Interest rate lock commitments 73,812 1,537 46,891 1,063 Total included in other assets $ 73,812 $ 1,537 $ 46,891 $ 1,063 Included in other liabilities: Forward contracts related to mortgage loans held for sale $ 73,151 $ 496 $ 54,998 $ 672 Interest rate lock commitments - - - - Total included in other liabilities $ 73,151 $ 496 $ 54,998 $ 672

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2019
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	10. EARNINGS PER SHARE The factors used in the earnings per share computation follow: Three Months Ended June, Six Months Ended June 30, 2019 2018 2019 2018 Net income $ 6,080 $ 13,013 $ 10,853 $ 18,514 Weighted average common shares outstanding - basic 16,459,366 14,771,520 15,620,106 14,771,520 Effect of dilutive securities: Stock-based compensation awards 104,177 - 104,215 - Weighted average common shares outstanding - diluted 16,563,543 14,771,520 15,724,321 14,771,520 Basic earnings per share $ 0.37 $ 0.88 $ 0.69 $ 1.25 Diluted earnings per share $ 0.37 $ 0.88 $ 0.69 $ 1.25

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2019
SEGMENT INFORMATION [Abstract]
SEGMENT INFORMATION	11. SEGMENT INFORMATION Financial results by reportable segment are detailed below: Three months ended June 30, 2019 Banking Insurance Consolidated Net interest income $ 24,837 $ - $ 24,837 Provision for loan loss (875 ) - (875 ) Noninterest income 12,563 1,140 13,703 Noninterest expense (29,098 ) (832 ) (29,930 ) Income before income taxes 7,427 308 7,735 Income tax (expense) benefit (1,590 ) (65 ) (1,655 ) Net income $ 5,837 $ 243 $ 6,080 Three months ended June 30, 2018 Banking Insurance Consolidated Net interest income $ 23,439 $ - $ 23,439 Provision for loan loss (1,540 ) - (1,540 ) Noninterest income 11,905 1,063 12,968 Noninterest expense (27,615 ) (807 ) (28,422 ) Income before income taxes 6,189 256 6,445 Income tax (expense) benefit 6,402 166 6,568 Net income $ 12,591 $ 422 $ 13,013 Financial results by reportable segment are detailed below: Six months ended June 30, 2019 Banking Insurance Consolidated Net interest income $ 49,383 $ - $ 49,383 Provision for loan loss (1,483 ) - (1,483 ) Noninterest income 22,933 2,845 25,778 Noninterest expense (58,170 ) (1,796 ) (59,966 ) Income before income taxes 12,663 1,049 13,712 Income tax (expense) benefit (2,730 ) (129 ) (2,859 ) Net income $ 9,933 $ 920 $ 10,853 Six months ended June 30, 2018 Banking Insurance Consolidated Net interest income $ 46,157 $ - $ 46,157 Provision for loan loss (2,318 ) - (2,318 ) Noninterest income 22,040 2,396 24,436 Noninterest expense (54,569 ) (1,730 ) (56,299 ) Income before income taxes 11,310 666 11,976 Income tax (expense) benefit 6,372 166 6,538 Net income $ 17,682 $ 832 $ 18,514

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	6 Months Ended
	Jun. 30, 2019
FAIR VALUE DISCLOSURES [Abstract]
FAIR VALUE DISCLOSURES	12. FAIR VALUE DISCLOSURES Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability is not adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact. Valuation techniques that are consistent with the market approach, the income approach and/or the cost approach are required by GAAP. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. The income approach uses valuation techniques to convert future amounts, such as cash flows or earnings, to a single present amount on a discounted basis. The cost approach is based on the amount that currently would be required to replace the service capacity of an asset. Valuation techniques should be consistently applied. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable, meaning those that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources, or unobservable, meaning those that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The fair value hierarchy for valuation inputs gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: • Level 1 Inputs • Level 2 Inputs • Level 3 Inputs The following table summarizes fair value measurements: Level 1 Level 2 Level 3 Total June 30, 2019 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: U.S. government and agencies $ - $ 10,404 $ - $ 10,404 State and municipal - 31,990 - 31,990 Mortgage-backed securities - 182,581 - 182,581 Asset-backed and other amortizing securities - 38,589 - 38,589 Loans held for sale (mandatory) - 30,861 - 30,861 Mortgage servicing rights - 1,589 - 1,589 Asset derivatives - 1,537 - 1,537 Liability derivatives - (827 ) - (827 ) Assets measured at fair value on a non-recurring basis: Impaired loans - - 6,988 6,988 Other real estate owned - - 2,305 2,305 Loans held for sale (best efforts) - 8,071 - 8,071 December31, 2018 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: U.S. government and agencies $ 74,419 $ 10,288 $ - $ 84,707 State and municipal - 32,310 - 32,310 Mortgage-backed securities - 182,256 - 182,256 Asset-backed and other amortizing securities - 38,923 - 38,923 Loans held for sale (mandatory) - 31,874 - 31,874 Mortgage servicing rights - 1,270 - 1,270 Asset derivatives - 1,232 - 1,232 Liability derivatives - (672 ) - (672 ) Assets measured at fair value on a non-recurring basis: Impaired loans - - 9,119 9,119 Other real estate owned - - 2,285 2,285 Loans held for sale (best efforts) - 6,508 - 6,508 Securities Loans held for sale (mandatory) Mortgage servicing rights Derivatives Impaired loans Foreclosed assets Loans held for sale (best efforts) The following table presents quantitative information about non-recurring Level 3 fair value measurements: Fair Value Valuation Techniques Unobservable Inputs Range of Discounts June 30, 2019 Impaired loans $ 6,988 Third party appraisals or inspections Collateral discounts and selling costs 0%-100 % Other real estate owned 2,305 Third party appraisals or inspections Collateral discounts and selling costs 15%-66 % December 31, 2018 Impaired loans $ 9,119 Third party appraisals or inspections Collateral discounts and selling costs 0%-100 % Other real estate owned 2,285 Third party appraisals or inspections Collateral discounts and selling costs 15%-66 % The estimated fair values, and related carrying amounts, of the Company’s financial instruments are as follows: Carrying Amount Level 1 Level 2 Level 3 Total Fair Value June 30, 2019 Financial assets: Cash and cash equivalents $ 408,116 $ 408,116 $ - $ - $ 408,116 Loans, net 1,911,482 - - 1,903,358 1,903,358 Accrued interest receivable 9,976 - 9,976 - 9,976 Bank-owned life insurance 57,794 - 57,794 - 57,794 Financial liabilities: Deposits $ 2,281,858 $ 2,050,839 $ 233,483 $ - $ 2,284,322 Accrued interest payable 2,306 - 2,306 - 2,306 Notes payable & other borrowings 95,000 - 95,000 - 95,000 Junior subordinated deferrable interest debentures 46,393 - 46,393 - 46,393 Subordinated debt securities 26,472 - 26,472 - 26,472 Carrying Amount Level 1 Level 2 Level 3 Total Fair Value December 31, 2018 Financial assets: Cash and cash equivalents $ 245,989 $ 245,989 $ - $ - $ 245,989 Loans, net 1,934,071 - - 1,923,167 1,923,167 Accrued interest receivable 12,957 - 12,957 - 12,957 Bank-owned life insurance 57,172 - 57,172 - 57,172 Financial liabilities: Deposits $ 2,277,454 $ 1,965,925 $ 312,524 $ - $ 2,278,449 Accrued interest payable 2,042 - 2,042 - 2,042 Notes payable & other borrowings 95,000 - 95,000 - 95,000 Junior subordinated deferrable interest debentures 46,393 - 46,393 - 46,393 Subordinated debt securities 34,002 - 34,002 - 34,002

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2019
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	13. SUBSEQUENT EVENTS On July 25, 2019, the Company entered into a definitive agreement with West Texas State Bank (“WTSB”) in an all-cash merger valued at $76.1 million. The agreement provides for the merger of WTSB with and into City Bank, with City Bank as the surviving entity. This transaction is expected to close in the fourth quarter of 2019, subject to the satisfaction or waiver of customary closing conditions, including approval by WTSB’s shareholders and the receipt of regulatory approvals.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Operations	Nature of Operations Wholly Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Windmark Insurance Agency, Inc. Non-bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (SPFCT) III-V Non-bank subsidiaries
Consolidation	The consolidated financial statements in this Quarterly Report on Form 10-Q (“Report”) include the accounts of SPFI and its wholly owned consolidated subsidiaries (collectively referred to as the “Company”) identified above. All significant intercompany balances and transactions have been eliminated in consolidation.
Basis of Presentation	The interim consolidated financial statements in this Report have not been audited by an independent registered public accounting firm, but in the opinion of management, reflect all adjustments necessary for a fair presentation of the Company’s financial position and results of operations. All such adjustments were of a normal and recurring nature. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q adopted by the Securities and Exchange Commission (“SEC”). Accordingly, the financial statements do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Company’s consolidated financial statements, and notes thereto, for the year ended December 31, 2018 in our prospectus filed with the SEC pursuant to Rule 424(b) of the Securities Act of 1933, as amended, on May 9, 2019 (“IPO Prospectus”). Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period.
Use of Estimates	Use of Estimates
Change in Capital Structure	Change in Capital Structure On March 11, 2019, the Company amended and restated its Certificate of Formation. The original Certificate of Formation was amended to change the capital structure to authorize the issuance of 30,000,000 shares of common stock, par value $1.00 per share. The Company completed a 29-to-1 stock split of the Company’s outstanding shares of common stock for shareholders of record as of March 11, 2019. The stock split was payable in the form of a dividend on or about March 11, 2019. Shareholders received 29 additional shares for each share held as of the record date. All share and per share amounts in the consolidated financial statements have been retroactively adjusted to reflect this stock split for all periods presented.
Stock Offering	Stock Offering
Pro Forma Information	Pro Forma Information In accordance with applicable provisions of the Internal Revenue Code of 1986, as amended, the terms of the South Plains Financial, Inc. Employee Stock Ownership Plan (“ESOP”), provided that, for so long as we were a privately held company, ESOP participants would have the right, for a specified period of time, to require us to repurchase shares of our common stock that were distributed to them by the ESOP. This repurchase obligation terminated upon the consummation of our initial public offering and listing of our common stock on the NASDAQ Global Select Market in May 2019. However, because we were privately held at December 31, 2018, the shares of common stock held by the ESOP have been reflected in our consolidated balance sheets as a line item called ESOP-owned shares, that appears between total liabilities and stockholders’ equity during that period. As a result, the value of ESOP-owned shares have been deducted from stockholders’ equity in our consolidated balance sheet for that period. For all periods following our initial public offering and continued listing of our common stock on the NASDAQ Global Select Market, the ESOP-owned shares are and will be included in stockholders’ equity.
Change in Accounting Principle	Change in Accounting Principle
Stock-based Compensation	Stock-based Compensation
Recent Accounting Pronouncements	Recent Accounting Pronouncements Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) ASU 2016-01 Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ASU 2016-02 Leases (Topic 842). ASU 2016-13 Financial Instruments - Credit Losses (Topic 326).

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Subsidiaries Information	The following are subsidiaries of SPFI: Wholly Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Windmark Insurance Agency, Inc. Non-bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (SPFCT) III-V Non-bank subsidiaries

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2019
SECURITIES [Abstract]
Amortized Cost and Fair Value of Securities, with Gross Unrealized Gains and Losses	The amortized cost and fair value of securities, with gross unrealized gains and losses, at period-end follow: Amortized Cost Gross Gains Gross Losses Fair Value June 30, 2019 Available for sale: U.S. government and agencies $ 10,343 $ 63 $ (2 ) $ 10,404 State and municipal 31,249 772 (31 ) 31,990 Mortgage-backed securities 179,509 3,199 (127 ) 182,581 Asset-backed and other amortizing securities 37,986 603 - 38,589 $ 259,087 $ 4,637 $ (160 ) $ 263,564 Amortized Gross Gains Gross Losses Fair Value December 31, 2018 Available for sale: U.S. government and agencies $ 84,765 $ 18 $ (76 ) $ 84,707 State and municipal 32,205 480 (375 ) 32,310 Mortgage-backed securities 184,267 29 (2,040 ) 182,256 Asset-backed and other amortizing securities 39,799 1 (877 ) 38,923 $ 341,036 $ 528 $ (3,368 ) $ 338,196
Amortized Cost and Fair Value of Securities by Contractual Maturity	The amortized cost and fair value of securities at June 30, 2019 are presented below by contractual maturity. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Other securities are shown separately since they are not due at a single maturity date. Available for Sale Amortized Fair Within 1 year $ 3,496 $ 3,496 After 1 year through 5 years 7,317 7,380 After 5 years through 10 years 10,105 10,249 After 10 years 20,674 21,269 Other 217,495 221,170 $ 259,087 $ 263,564
Securities with Unrealized Losses Segregated by the Period in a Loss Position	The following table segregates securities with unrealized losses at the periods indicated, by the duration they have been in a loss position: Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss June 30, 2019 U.S. government and agencies $ - $ - $ 5,591 $ 2 $ 5,591 $ 2 State and municipal - - 4,395 31 4,395 31 Mortgage-backed securities - - 42,240 127 42,240 127 Asset-backed and other amortizing securities - - - - - - $ - $ - $ 52,226 $ 160 $ 52,226 $ 160 December 31, 2018 U.S. government and agencies $ 77,891 $ 27 $ 2,048 $ 49 $ 79,939 $ 76 State and municipal 5,662 92 9,781 283 15,443 375 Mortgage-backed securities 108,962 293 54,035 1,747 162,997 2,040 Asset-backed and other amortizing securities - - 37,351 877 37,351 877 $ 192,515 $ 412 $ 103,215 $ 2,956 $ 295,730 $ 3,368

LOANS (Tables)

LOANS (Tables)	6 Months Ended
	Jun. 30, 2019
LOANS [Abstract]
Summary of Loans by Category	Loans are summarized by category as follows: June 30, December 31, Commercial real estate $ 533,680 $ 538,037 Commercial - specialized 294,188 305,022 Commercial - general 391,434 427,728 Consumer: 1-4 family residential 348,569 346,153 Auto loans 206,777 191,647 Other consumer 71,559 70,209 Construction 89,446 78,401 1,935,653 1,957,197 Allowance for loan losses (24,171 ) (23,126 ) Loans, net $ 1,911,482 $ 1,934,071
Activity in Allowance for Loan Losses and Investment in Loans Disaggregated Based on Method of Evaluating Impairment	The following table details the activity in the allowance for loan losses. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Beginning Balance Provision for loan losses Charge-offs Recoveries Ending Balance For the three months ended June 30, 2019 Commercial real estate $ 5,335 $ (28 ) $ - $ 108 $ 5,415 Commercial - specialized 2,327 985 (5 ) 39 3,346 Commercial - general 8,504 (324 ) (60 ) 205 8,325 Consumer: 1-4 family residential 2,416 (127 ) - 21 2,310 Auto loans 3,067 202 (248 ) 46 3,067 Other consumer 1,174 216 (233 ) 42 1,199 Construction 558 (49 ) - - 509 Total $ 23,381 $ 875 $ (546 ) $ 461 $ 24,171 For the three months ended June 30, 2018 Commercial real estate $ 5,129 $ 746 $ (1,539 ) $ - $ 4,336 Commercial - specialized 2,650 265 - 9 2,924 Commercial - general 8,925 (313 ) (28 ) 149 8,733 Consumer: 1-4 family residential 1,427 160 (140 ) 4 1,451 Auto loans 2,386 372 (184 ) 29 2,603 Other consumer 1,053 184 (140 ) 61 1,158 Construction 399 126 (15 ) - 510 Total $ 21,969 $ 1,540 $ (2,046 ) $ 252 $ 21,715 Beginning Balance Provision for loan losses Charge-offs Recoveries Ending Balance For the six months ended June 30, 2019 Commercial real estate $ 5,579 $ (379 ) $ - $ 215 $ 5,415 Commercial - specialized 2,516 804 (37 ) 63 3,346 Commercial - general 8,173 (60 ) (65 ) 277 8,325 Consumer: 1-4 family residential 2,249 28 (19 ) 52 2,310 Auto loans 2,994 500 (506 ) 79 3,067 Other consumer 1,192 429 (513 ) 91 1,199 Construction 423 161 (75 ) - 509 Total $ 23,126 $ 1,483 $ (1,215 ) $ 777 $ 24,171 For the six months ended June 30, 2018 Commercial real estate $ 3,769 $ 2,106 $ (1,539 ) $ - $ 4,336 Commercial - specialized 2,367 530 (38 ) 65 2,924 Commercial - general 10,151 (1,626 ) (127 ) 335 8,733 Consumer: 1-4 family residential 1,787 (199 ) (141 ) 4 1,451 Auto loans 2,068 892 (418 ) 61 2,603 Other consumer 971 438 (349 ) 98 1,158 Construction 348 177 (15 ) - 510 Total $ 21,461 $ 2,318 $ (2,627 ) $ 563 $ 21,715 The following table shows the Company’s investment in loans disaggregated based on the method of evaluating impairment: Recorded Investment Allowance for Loan Losses Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated June 30, 2019 Commercial real estate $ 403 $ 533,277 $ - $ 5,415 Commercial - specialized 1,922 292,266 68 3,278 Commercial - general 2,667 388,767 333 7,992 Consumer: 1-4 family residential 2,432 346,137 35 2,275 Auto loans - 206,777 - 3,067 Other consumer - 71,559 - 1,199 Construction - 89,446 - 509 Total $ 7,424 $ 1,928,229 $ 436 $ 23,735 December 31, 2018 Commercial real estate $ 1,819 $ 536,218 $ - $ 5,579 Commercial - specialized 2,116 302,906 - 2,516 Commercial - general 2,950 424,778 233 7,940 Consumer: 1-4 family residential 2,475 343,678 8 2,241 Auto loans - 191,647 - 2,994 Other consumer - 70,209 - 1,192 Construction - 78,401 - 423 Total $ 9,360 $ 1,947,837 $ 241 $ 22,885
Impaired Loan Information	Impaired loan information follows: Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment June 30, 2019 Commercial real estate $ 858 $ 403 $ - $ 403 $ - $ 1,111 Commercial - specialized 3,137 1,875 47 1,922 68 2,019 Commercial - general 3,260 - 2,667 2,667 333 2,809 Consumer: 1-4 family 2,851 1,976 456 2,432 35 2,454 Auto loans - - - - - - Other consumer - - - - - - Construction - - - - - - Total $ 10,106 $ 4,254 $ 3,170 $ 7,424 $ 436 $ 8,393 December 31, 2018 Commercial real estate $ 2,274 $ 1,819 $ - $ 1,819 $ - $ 4,590 Commercial - specialized 2,116 2,116 - 2,116 - 3,742 Commercial - general 4,758 240 2,710 2,950 233 3,963 Consumer: 1-4 family 2,894 2,111 364 2,475 8 2,881 Auto loans - - - - - - Other consumer - - - - - - Construction - - - - - - Total $ 12,042 $ 6,286 $ 3,074 $ 9,360 $ 241 $ 15,176
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans	The table below provides an age analysis on accruing past-due loans and nonaccrual loans: 30-89 Days Past Due 90 Days or More Past Due Nonaccrual June 30, 2019 Commercial real estate $ 545 $ 309 $ 294 Commercial - specialized 1,717 224 2,445 Commercial - general 777 650 2,096 Consumer: 1-4 Family residential 1,488 111 1,749 Auto loans 616 24 - Other consumer 539 44 - Construction 1,186 - - Total $ 6,868 $ 1,362 $ 6,584 December 31, 2018 Commercial real estate $ 1,748 $ - $ 217 Commercial - specialized 992 - 2,550 Commercial - general 2,625 - 2,134 Consumer: 1-4 Family residential 1,611 440 1,489 Auto loans 825 50 Other consumer 883 74 Construction - - - Total $ 8,684 $ 564 $ 6,390
Summary of Internal Classifications of Loans	The following table summarizes the internal classifications of loans: Pass Special Mention Substandard Doubtful Total June 30, 2019 Commercial real estate $ 509,597 $ 21,096 $ 2,987 $ - $ 533,680 Commercial - specialized 282,369 - 11,819 - 294,188 Commercial - general 380,703 1,304 9,427 - 391,434 Consumer: 1-4 family residential 343,337 - 5,232 - 348,569 Auto loans 206,396 - 381 - 206,777 Other consumer 71,334 - 225 - 71,559 Construction 89,446 - - - 89,446 Total $ 1,883,182 $ 22,400 $ 30,071 $ - $ 1,935,653 December 31, 2018 Commercial real estate $ 514,249 $ 17,300 $ 6,488 $ - $ 538,037 Commercial - specialized 301,289 - 3,733 - 305,022 Commercial - general 415,675 1,449 10,604 - 427,728 Consumer: 1-4 family residential 340,836 - 5,317 - 346,153 Auto loans 191,435 - 212 - 191,647 Other consumer 70,075 - 134 - 70,209 Construction 78,401 - - - 78,401 Total $ 1,911,960 $ 18,749 $ 26,488 $ - $ 1,957,197

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2019
STOCK-BASED COMPENSATION [Abstract]
Summary of Stock Option Activity	A summary of activity in the Plan during the six months ended June 30, 2019 is presented in the table below: Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life in Years Aggregate Intrinsic Value Six Months Ended June 30, 2019 Outstanding at beginning of year: - $ - - $ - Granted 1,411,342 12.50 5.59 6,223 Exercised - - - - Forfeited - - - - Balance, June 30, 2019 1,411,342 $ 12.50 5.59 $ 6,223 Exercisable at end of period - $ - - $ - Vested at end of period 1,206,900 $ 11.53 5.96 $ 6,223
Summary of Assumptions Used to Calculate Fair Value of Awards	A summary of assumptions used to calculate the fair values of the awards is presented below: Six Months Ended June 30, 2019 Expected volatility 24.88% to 28.64 % Expected dividend yield 0.70 % Expected term (years) 0.5 - 7.0 years Risk-free interest rate 2.39% to 2.63 % Weighted average grant date fair value $ 8.61
Summary of Activity of Restricted Stock Awards and Units	A summary of activity in the Plan during the six months ended June 30, 2019 is presented in the table below: Number of Shares Weighted- Average Grant Date Fair Value Six Months Ended June 30, 2019 Outstanding at beginning of year: - $ - Granted 52,764 21.32 Exercised - - Forfeited - - Balance, June 30, 2019 52,764 $ 21.32 Exercisable at end of period - $ - Vested at end of period - $ -

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2019
COMMITMENTS AND CONTINGENCIES [Abstract]
Financial Instrument Whose Contract Amounts Represent Credit Risk Outstanding	Financial instruments whose contract amounts represent credit risk outstanding follow: June 30, 2019 December 31, 2018 Commitments to grant loans and unfunded commitments under lines of credit $ 386,601 $ 346,245 Standby letters-of-credit 8,195 5,062

CAPITAL AND REGULATORY MATTERS

CAPITAL AND REGULATORY MATTERS (Tables)	6 Months Ended
	Jun. 30, 2019
CAPITAL AND REGULATORY MATTERS [Abstract]
Actual Capital Amounts and Ratios	The Company and its bank subsidiary’s actual capital amounts and ratios follow: Actual Minimum Required Under BASEL III Fully Phased-In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio June 30, 2019: Total Capital to Risk Weighted Assets: Consolidated $ 383,399 17.7 % $ 226,833 10.5 % N/A N/A City Bank 305,013 14.1 % 226,793 10.5 % $ 215,994 10.0 % Tier I Capital to Risk Weighted Assets: Consolidated 332,575 15.4 % 183,627 8.5 % N/A N/A City Bank 280,662 13.0 % 183,594 8.5 % 172,795 8.0 % Common Tier 1 (CET1): Consolidated 287,525 13.3 % 151,222 7.0 % N/A N/A City Bank 280,662 13.0 % 151,195 7.0 % 140,396 6.5 % Tier I Capital to Average Assets: Consolidated 332,575 12.1 % 108,707 4.0 % N/A N/A City Bank 280,662 10.2 % 109,919 4.0 % 137,398 5.0 % December 31, 2018: Total Capital to Risk Weighted Assets: Consolidated $ 309,798 14.3 % $ 214,301 9.9 % N/A N/A City Bank 294,572 13.6 % 214,246 9.9 % $ 216,958 10.0 % Tier I Capital to Risk Weighted Assets: Consolidated 260,020 12.0 % 170,898 7.9 % N/A N/A City Bank 271,266 12.5 % 170,855 7.9 % 173,567 8.0 % Common Tier 1 (CET1): Consolidated 215,020 9.9 % 138,346 6.4 % N/A N/A City Bank 271,266 12.5 % 138,311 6.4 % 141,023 6.5 % Tier I Capital to Average Assets: Consolidated 260,020 9.6 % 108,033 4.0 % N/A N/A City Bank 271,266 10.1 % 107,940 4.0 % 134,925 5.0 %

DERIVATIVES (Tables)

DERIVATIVES (Tables)	6 Months Ended
	Jun. 30, 2019
DERIVATIVES [Abstract]
Fair Value Hedges	The following table reflects the fair value hedges included in the consolidated balance sheets: June 30, 2019 December 31, 2018 Notional Amount Fair Value Notional Amount Fair Value Included in other liabilities: Interest rate swaps related to fixed rate loans $ 10,768 $ 331 $ - $ - Included in other assets: Interest rate swaps related to fixed rate loans $ - $ - $ 10,917 $ 169
Fair Value of Derivatives in Consolidated Balance Sheets	The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets: June 30, 2019 December 31, 2018 Notional Amount Fair Value Notional Amount Fair Value Included in other assets: Forward contracts related to mortgage loans held for sale $ - $ - $ - $ - Interest rate lock commitments 73,812 1,537 46,891 1,063 Total included in other assets $ 73,812 $ 1,537 $ 46,891 $ 1,063 Included in other liabilities: Forward contracts related to mortgage loans held for sale $ 73,151 $ 496 $ 54,998 $ 672 Interest rate lock commitments - - - - Total included in other liabilities $ 73,151 $ 496 $ 54,998 $ 672

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2019
EARNINGS PER SHARE [Abstract]
Factors Used in Earnings Per Share Computation	The factors used in the earnings per share computation follow: Three Months Ended June, Six Months Ended June 30, 2019 2018 2019 2018 Net income $ 6,080 $ 13,013 $ 10,853 $ 18,514 Weighted average common shares outstanding - basic 16,459,366 14,771,520 15,620,106 14,771,520 Effect of dilutive securities: Stock-based compensation awards 104,177 - 104,215 - Weighted average common shares outstanding - diluted 16,563,543 14,771,520 15,724,321 14,771,520 Basic earnings per share $ 0.37 $ 0.88 $ 0.69 $ 1.25 Diluted earnings per share $ 0.37 $ 0.88 $ 0.69 $ 1.25

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2019
SEGMENT INFORMATION [Abstract]
Financial Results by Reportable Segment	Financial results by reportable segment are detailed below: Three months ended June 30, 2019 Banking Insurance Consolidated Net interest income $ 24,837 $ - $ 24,837 Provision for loan loss (875 ) - (875 ) Noninterest income 12,563 1,140 13,703 Noninterest expense (29,098 ) (832 ) (29,930 ) Income before income taxes 7,427 308 7,735 Income tax (expense) benefit (1,590 ) (65 ) (1,655 ) Net income $ 5,837 $ 243 $ 6,080 Three months ended June 30, 2018 Banking Insurance Consolidated Net interest income $ 23,439 $ - $ 23,439 Provision for loan loss (1,540 ) - (1,540 ) Noninterest income 11,905 1,063 12,968 Noninterest expense (27,615 ) (807 ) (28,422 ) Income before income taxes 6,189 256 6,445 Income tax (expense) benefit 6,402 166 6,568 Net income $ 12,591 $ 422 $ 13,013 Financial results by reportable segment are detailed below: Six months ended June 30, 2019 Banking Insurance Consolidated Net interest income $ 49,383 $ - $ 49,383 Provision for loan loss (1,483 ) - (1,483 ) Noninterest income 22,933 2,845 25,778 Noninterest expense (58,170 ) (1,796 ) (59,966 ) Income before income taxes 12,663 1,049 13,712 Income tax (expense) benefit (2,730 ) (129 ) (2,859 ) Net income $ 9,933 $ 920 $ 10,853 Six months ended June 30, 2018 Banking Insurance Consolidated Net interest income $ 46,157 $ - $ 46,157 Provision for loan loss (2,318 ) - (2,318 ) Noninterest income 22,040 2,396 24,436 Noninterest expense (54,569 ) (1,730 ) (56,299 ) Income before income taxes 11,310 666 11,976 Income tax (expense) benefit 6,372 166 6,538 Net income $ 17,682 $ 832 $ 18,514

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	6 Months Ended
	Jun. 30, 2019
FAIR VALUE DISCLOSURES [Abstract]
Assets (Liabilities) Measured at Fair Value on Recurring and Non-Recurring Basis	The following table summarizes fair value measurements: Level 1 Level 2 Level 3 Total June 30, 2019 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: U.S. government and agencies $ - $ 10,404 $ - $ 10,404 State and municipal - 31,990 - 31,990 Mortgage-backed securities - 182,581 - 182,581 Asset-backed and other amortizing securities - 38,589 - 38,589 Loans held for sale (mandatory) - 30,861 - 30,861 Mortgage servicing rights - 1,589 - 1,589 Asset derivatives - 1,537 - 1,537 Liability derivatives - (827 ) - (827 ) Assets measured at fair value on a non-recurring basis: Impaired loans - - 6,988 6,988 Other real estate owned - - 2,305 2,305 Loans held for sale (best efforts) - 8,071 - 8,071 December31, 2018 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: U.S. government and agencies $ 74,419 $ 10,288 $ - $ 84,707 State and municipal - 32,310 - 32,310 Mortgage-backed securities - 182,256 - 182,256 Asset-backed and other amortizing securities - 38,923 - 38,923 Loans held for sale (mandatory) - 31,874 - 31,874 Mortgage servicing rights - 1,270 - 1,270 Asset derivatives - 1,232 - 1,232 Liability derivatives - (672 ) - (672 ) Assets measured at fair value on a non-recurring basis: Impaired loans - - 9,119 9,119 Other real estate owned - - 2,285 2,285 Loans held for sale (best efforts) - 6,508 - 6,508
Quantitative Information about Non-Recurring Level 3 Fair Value Measurements	The following table presents quantitative information about non-recurring Level 3 fair value measurements: Fair Value Valuation Techniques Unobservable Inputs Range of Discounts June 30, 2019 Impaired loans $ 6,988 Third party appraisals or inspections Collateral discounts and selling costs 0%-100 % Other real estate owned 2,305 Third party appraisals or inspections Collateral discounts and selling costs 15%-66 % December 31, 2018 Impaired loans $ 9,119 Third party appraisals or inspections Collateral discounts and selling costs 0%-100 % Other real estate owned 2,285 Third party appraisals or inspections Collateral discounts and selling costs 15%-66 %
Estimated Fair Values, and Related Carrying Amounts of Financial Instruments	The estimated fair values, and related carrying amounts, of the Company’s financial instruments are as follows: Carrying Amount Level 1 Level 2 Level 3 Total Fair Value June 30, 2019 Financial assets: Cash and cash equivalents $ 408,116 $ 408,116 $ - $ - $ 408,116 Loans, net 1,911,482 - - 1,903,358 1,903,358 Accrued interest receivable 9,976 - 9,976 - 9,976 Bank-owned life insurance 57,794 - 57,794 - 57,794 Financial liabilities: Deposits $ 2,281,858 $ 2,050,839 $ 233,483 $ - $ 2,284,322 Accrued interest payable 2,306 - 2,306 - 2,306 Notes payable & other borrowings 95,000 - 95,000 - 95,000 Junior subordinated deferrable interest debentures 46,393 - 46,393 - 46,393 Subordinated debt securities 26,472 - 26,472 - 26,472 Carrying Amount Level 1 Level 2 Level 3 Total Fair Value December 31, 2018 Financial assets: Cash and cash equivalents $ 245,989 $ 245,989 $ - $ - $ 245,989 Loans, net 1,934,071 - - 1,923,167 1,923,167 Accrued interest receivable 12,957 - 12,957 - 12,957 Bank-owned life insurance 57,172 - 57,172 - 57,172 Financial liabilities: Deposits $ 2,277,454 $ 1,965,925 $ 312,524 $ - $ 2,278,449 Accrued interest payable 2,042 - 2,042 - 2,042 Notes payable & other borrowings 95,000 - 95,000 - 95,000 Junior subordinated deferrable interest debentures 46,393 - 46,393 - 46,393 Subordinated debt securities 34,002 - 34,002 - 34,002

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Mar. 11, 2019$ / sharesshares	May 31, 2019USD ($)$ / sharesshares	Jun. 30, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares
Change in Capital Structure [Abstract]
Number of common stock shares authorized after change in capital structure (in shares) | shares	30,000,000		30,000,000	30,000,000
Common stock, par value (in dollars per share) | $ / shares	$ 1		$ 1	$ 1
Stock split ratio	29
Pro Forma Information [Abstract]
Federal tax rate			21.00%
Change in Accounting Principle [Abstract]
Cumulative-effect adjustment to retained earnings, net			$ 1,300,000
Cumulative-effect adjustment to retained earnings, before tax			1,600,000
Cumulative-effect adjustment to retained earnings, tax			$ 340,000
Initial Public Offering [Member]
Stock Offering [Abstract]
Common stock issued and sold (in shares) | shares		3,207,000
Common stock sold to underwriters (in shares) | shares		507,000
Offering price (in dollars per share) | $ / shares		$ 17.50
Aggregate gross proceeds from initial public offering		$ 56,100,000
Aggregate net proceeds from initial public offering		$ 51,400,000
City Bank [Member] | Bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries			City Bank
Windmark Insurance Agency Inc. [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries			Windmark Insurance Agency, Inc.
Ruidoso Retail, Inc. [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries			Ruidoso Retail, Inc.
CB Provence, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries			CB Provence, LLC
CBT Brushy Creek, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries			CBT Brushy Creek, LLC
CBT Properties, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Consolidated Subsidiaries			CBT Properties, LLC
South Plains Financial Capital Trusts (SPFCT) III-V [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly Owned, Equity Method Subsidiaries			South Plains Financial Capital Trusts (SPFCT) III-V
Stock Appreciation Rights (SARs) [Member]
Change in Accounting Principle [Abstract]
Fair value in excess of recorded intrinsic value				$ 1,600,000

SECURITIES, Available for Sale

SECURITIES, Available for Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Available for sale [Abstract]
Amortized cost	$ 259,087	$ 341,036
Gross unrealized gains	4,637	528
Gross unrealized losses	(160)	(3,368)
Fair value	263,564	338,196
U.S. Government and Agencies [Member]
Available for sale [Abstract]
Amortized cost	10,343	84,765
Gross unrealized gains	63	18
Gross unrealized losses	(2)	(76)
Fair value	10,404	84,707
State and Municipal [Member]
Available for sale [Abstract]
Amortized cost	31,249	32,205
Gross unrealized gains	772	480
Gross unrealized losses	(31)	(375)
Fair value	31,990	32,310
Mortgage-backed Securities [Member]
Available for sale [Abstract]
Amortized cost	179,509	184,267
Gross unrealized gains	3,199	29
Gross unrealized losses	(127)	(2,040)
Fair value	182,581	182,256
Asset-backed and Other Amortizing Securities [Member]
Available for sale [Abstract]
Amortized cost	37,986	39,799
Gross unrealized gains	603	1
Gross unrealized losses	0	(877)
Fair value	$ 38,589	$ 38,923

SECURITIES, Amortized Cost and

SECURITIES, Amortized Cost and Fair Value of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Available for Sale, Amortized Cost [Abstract]
Within 1 year	$ 3,496
After 1 year through 5 years	7,317
After 5 years through 10 years	10,105
After 10 years	20,674
Other	217,495
Amortized cost	259,087	$ 341,036
Available for Sale, Fair Value [Abstract]
Within 1 year	3,496
After 1 year through 5 years	7,380
After 5 years through 10 years	10,249
After 10 years	21,269
Other	221,170
Fair value	$ 263,564	$ 338,196

SECURITIES, Securities Transfer

SECURITIES, Securities Transferred and Securities Pledged (Details) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2019USD ($)Security	Dec. 31, 2018USD ($)Security
SECURITIES [Abstract]
Holdings of securities of any one issuer, other than the U.S. government and its agencies, in an amount greater than 10% of stockholders' equity | Security	0	0
Carrying value of securities pledged to collateralize public deposits and for other purposes | $	$ 207.1	$ 200

SECURITIES, Securities with Unr

SECURITIES, Securities with Unrealized Losses, Available for Sale (Details) $ in Thousands	Jun. 30, 2019USD ($)Security	Dec. 31, 2018USD ($)
Available for sale, Fair Value [Abstract]
Less than 12 months	$ 0	$ 192,515
12 months or more	52,226	103,215
Total	52,226	295,730
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	412
12 months or more	160	2,956
Total	$ 160	3,368
Number of securities with an unrealized loss | Security	27
U.S. Government and Agencies [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	$ 0	77,891
12 months or more	5,591	2,048
Total	5,591	79,939
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	27
12 months or more	2	49
Total	2	76
State and Municipal [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	5,662
12 months or more	4,395	9,781
Total	4,395	15,443
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	92
12 months or more	31	283
Total	31	375
Mortgage-backed Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	108,962
12 months or more	42,240	54,035
Total	42,240	162,997
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	293
12 months or more	127	1,747
Total	127	2,040
Asset-backed and Other Amortizing Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	0
12 months or more	0	37,351
Total	0	37,351
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	0
12 months or more	0	877
Total	$ 0	$ 877

LOANS, Summary of Loans by Cate

LOANS, Summary of Loans by Category (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)Category	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Summary of Loans by Category [Abstract]
Loans, gross	$ 1,935,653		$ 1,957,197
Allowance for loan losses	(24,171)	$ (23,381)	(23,126)	$ (21,715)	$ (21,969)	$ (21,461)
Loans, net	1,911,482		1,934,071
Commercial Real Estate [Member]
Summary of Loans by Category [Abstract]
Loans, gross	533,680		538,037
Allowance for loan losses	$ (5,415)	(5,335)	(5,579)	(4,336)	(5,129)	(3,769)
Commercial [Member]
Summary of Loans by Category [Abstract]
Number of sub-categories of loans | Category	2
Commercial [Member] | Specialized [Member]
Summary of Loans by Category [Abstract]
Loans, gross	$ 294,188		305,022
Allowance for loan losses	(3,346)	(2,327)	(2,516)	(2,924)	(2,650)	(2,367)
Commercial [Member] | General [Member]
Summary of Loans by Category [Abstract]
Loans, gross	391,434		427,728
Allowance for loan losses	(8,325)	(8,504)	(8,173)	(8,733)	(8,925)	(10,151)
Consumer [Member] | 1-4 Family Residential [Member]
Summary of Loans by Category [Abstract]
Loans, gross	348,569		346,153
Allowance for loan losses	(2,310)	(2,416)	(2,249)	(1,451)	(1,427)	(1,787)
Consumer [Member] | Auto Loans [Member]
Summary of Loans by Category [Abstract]
Loans, gross	206,777		191,647
Allowance for loan losses	(3,067)	(3,067)	(2,994)	(2,603)	(2,386)	(2,068)
Consumer [Member] | Other Consumer [Member]
Summary of Loans by Category [Abstract]
Loans, gross	71,559		70,209
Allowance for loan losses	(1,199)	(1,174)	(1,192)	(1,158)	(1,053)	(971)
Construction [Member]
Summary of Loans by Category [Abstract]
Loans, gross	89,446		78,401
Allowance for loan losses	$ (509)	$ (558)	$ (423)	$ (510)	$ (399)	$ (348)

LOANS, Activity in Allowance fo

LOANS, Activity in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Allowance for Loan Losses [Roll Forward]
Beginning Balance	$ 23,381	$ 21,969	$ 23,126	$ 21,461
Provision for loan losses	875	1,540	1,483	2,318
Charge-offs	(546)	(2,046)	(1,215)	(2,627)
Recoveries	461	252	777	563
Ending Balance	24,171	21,715	24,171	21,715
Commercial Real Estate [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	5,335	5,129	5,579	3,769
Provision for loan losses	(28)	746	(379)	2,106
Charge-offs	0	(1,539)	0	(1,539)
Recoveries	108	0	215	0
Ending Balance	5,415	4,336	5,415	4,336
Commercial [Member] | Specialized [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	2,327	2,650	2,516	2,367
Provision for loan losses	985	265	804	530
Charge-offs	(5)	0	(37)	(38)
Recoveries	39	9	63	65
Ending Balance	3,346	2,924	3,346	2,924
Commercial [Member] | General [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	8,504	8,925	8,173	10,151
Provision for loan losses	(324)	(313)	(60)	(1,626)
Charge-offs	(60)	(28)	(65)	(127)
Recoveries	205	149	277	335
Ending Balance	8,325	8,733	8,325	8,733
Consumer [Member] | 1-4 Family Residential [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	2,416	1,427	2,249	1,787
Provision for loan losses	(127)	160	28	(199)
Charge-offs	0	(140)	(19)	(141)
Recoveries	21	4	52	4
Ending Balance	2,310	1,451	2,310	1,451
Consumer [Member] | Auto Loans [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	3,067	2,386	2,994	2,068
Provision for loan losses	202	372	500	892
Charge-offs	(248)	(184)	(506)	(418)
Recoveries	46	29	79	61
Ending Balance	3,067	2,603	3,067	2,603
Consumer [Member] | Other Consumer [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	1,174	1,053	1,192	971
Provision for loan losses	216	184	429	438
Charge-offs	(233)	(140)	(513)	(349)
Recoveries	42	61	91	98
Ending Balance	1,199	1,158	1,199	1,158
Construction [Member]
Allowance for Loan Losses [Roll Forward]
Beginning Balance	558	399	423	348
Provision for loan losses	(49)	126	161	177
Charge-offs	0	(15)	(75)	(15)
Recoveries	0	0	0	0
Ending Balance	$ 509	$ 510	$ 509	$ 510

LOANS, Investment in loans Disa

LOANS, Investment in loans Disaggregated Based on Method of Evaluating Impairment (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Recorded Investment [Abstract]
Individually Evaluated	$ 7,424	$ 9,360
Collectively Evaluated	1,928,229	1,947,837
Allowance for Loan Losses [Abstract]
Individually Evaluated	436	241
Collectively Evaluated	23,735	22,885
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated	403	1,819
Collectively Evaluated	533,277	536,218
Allowance for Loan Losses [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	5,415	5,579
Commercial [Member] | Specialized [Member]
Recorded Investment [Abstract]
Individually Evaluated	1,922	2,116
Collectively Evaluated	292,266	302,906
Allowance for Loan Losses [Abstract]
Individually Evaluated	68	0
Collectively Evaluated	3,278	2,516
Commercial [Member] | General [Member]
Recorded Investment [Abstract]
Individually Evaluated	2,667	2,950
Collectively Evaluated	388,767	424,778
Allowance for Loan Losses [Abstract]
Individually Evaluated	333	233
Collectively Evaluated	7,992	7,940
Consumer [Member] | 1-4 Family Residential [Member]
Recorded Investment [Abstract]
Individually Evaluated	2,432	2,475
Collectively Evaluated	346,137	343,678
Allowance for Loan Losses [Abstract]
Individually Evaluated	35	8
Collectively Evaluated	2,275	2,241
Consumer [Member] | Auto Loans [Member]
Recorded Investment [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	206,777	191,647
Allowance for Loan Losses [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	3,067	2,994
Consumer [Member] | Other Consumer [Member]
Recorded Investment [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	71,559	70,209
Allowance for Loan Losses [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	1,199	1,192
Construction [Member]
Recorded Investment [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	89,446	78,401
Allowance for Loan Losses [Abstract]
Individually Evaluated	0	0
Collectively Evaluated	$ 509	$ 423

LOANS, Impaired Loan Informatio

LOANS, Impaired Loan Information (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	$ 10,106	$ 12,042
Recorded Investment With No Allowance	4,254	6,286
Recorded Investment With Allowance	3,170	3,074
Total Recorded Investment	7,424	9,360
Related Allowance	436	241
Average Recorded Investment	8,393	15,176
Minimum [Member]
Impaired Loan Information [Abstract]
Threshold balance of loan to be specifically reviewed for impairment	250
Commercial Real Estate [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	858	2,274
Recorded Investment With No Allowance	403	1,819
Recorded Investment With Allowance	0	0
Total Recorded Investment	403	1,819
Related Allowance	0	0
Average Recorded Investment	1,111	4,590
Commercial [Member] | Specialized [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	3,137	2,116
Recorded Investment With No Allowance	1,875	2,116
Recorded Investment With Allowance	47	0
Total Recorded Investment	1,922	2,116
Related Allowance	68	0
Average Recorded Investment	2,019	3,742
Commercial [Member] | General [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	3,260	4,758
Recorded Investment With No Allowance	0	240
Recorded Investment With Allowance	2,667	2,710
Total Recorded Investment	2,667	2,950
Related Allowance	333	233
Average Recorded Investment	2,809	3,963
Consumer [Member] | 1-4 Family [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	2,851	2,894
Recorded Investment With No Allowance	1,976	2,111
Recorded Investment With Allowance	456	364
Total Recorded Investment	2,432	2,475
Related Allowance	35	8
Average Recorded Investment	2,454	2,881
Consumer [Member] | Auto Loans [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	0	0
Recorded Investment With No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Consumer [Member] | Other Consumer [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	0	0
Recorded Investment With No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Construction [Member]
Impaired Loan Information [Abstract]
Unpaid Contractual Principal Balance	0	0
Recorded Investment With No Allowance	0	0
Recorded Investment With Allowance	0	0
Total Recorded Investment	0	0
Related Allowance	0	0
Average Recorded Investment	$ 0	$ 0

LOANS, Age Analysis on Accruing

LOANS, Age Analysis on Accruing Past-due Loans and Nonaccrual Loans (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)Point	Dec. 31, 2018USD ($)
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	$ 6,584	$ 6,390
Number of points on a grading scale for loans | Point	13
30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	$ 6,868	8,684
90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,362	564
Commercial Real Estate [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	294	217
Commercial Real Estate [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	545	1,748
Commercial Real Estate [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	309	0
Commercial [Member] | Specialized [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	2,445	2,550
Commercial [Member] | Specialized [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,717	992
Commercial [Member] | Specialized [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	224	0
Commercial [Member] | General [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	2,096	2,134
Commercial [Member] | General [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	777	2,625
Commercial [Member] | General [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	650	0
Consumer [Member] | 1-4 Family Residential [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	1,749	1,489
Consumer [Member] | 1-4 Family Residential [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,488	1,611
Consumer [Member] | 1-4 Family Residential [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	111	440
Consumer [Member] | Auto Loans [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	0
Consumer [Member] | Auto Loans [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	616	825
Consumer [Member] | Auto Loans [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	24	50
Consumer [Member] | Other Consumer [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	0
Consumer [Member] | Other Consumer [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	539	883
Consumer [Member] | Other Consumer [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	44	74
Construction [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Nonaccrual	0	0
Construction [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,186	0
Construction [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	$ 0	$ 0

LOANS, Summary of Internal Clas

LOANS, Summary of Internal Classifications of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Loans by Internal Classifications [Abstract]
Loans	$ 1,935,653	$ 1,957,197
Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	1,883,182	1,911,960
Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	22,400	18,749
Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	30,071	26,488
Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Commercial Real Estate [Member]
Loans by Internal Classifications [Abstract]
Loans	533,680	538,037
Commercial Real Estate [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	509,597	514,249
Commercial Real Estate [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	21,096	17,300
Commercial Real Estate [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	2,987	6,488
Commercial Real Estate [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Commercial [Member] | Specialized [Member]
Loans by Internal Classifications [Abstract]
Loans	294,188	305,022
Commercial [Member] | Specialized [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	282,369	301,289
Commercial [Member] | Specialized [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Commercial [Member] | Specialized [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	11,819	3,733
Commercial [Member] | Specialized [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Commercial [Member] | General [Member]
Loans by Internal Classifications [Abstract]
Loans	391,434	427,728
Commercial [Member] | General [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	380,703	415,675
Commercial [Member] | General [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	1,304	1,449
Commercial [Member] | General [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	9,427	10,604
Commercial [Member] | General [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | 1-4 Family Residential [Member]
Loans by Internal Classifications [Abstract]
Loans	348,569	346,153
Consumer [Member] | 1-4 Family Residential [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	343,337	340,836
Consumer [Member] | 1-4 Family Residential [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | 1-4 Family Residential [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	5,232	5,317
Consumer [Member] | 1-4 Family Residential [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | Auto Loans [Member]
Loans by Internal Classifications [Abstract]
Loans	206,777	191,647
Consumer [Member] | Auto Loans [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	206,396	191,435
Consumer [Member] | Auto Loans [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | Auto Loans [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	381	212
Consumer [Member] | Auto Loans [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | Other Consumer [Member]
Loans by Internal Classifications [Abstract]
Loans	71,559	70,209
Consumer [Member] | Other Consumer [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	71,334	70,075
Consumer [Member] | Other Consumer [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Consumer [Member] | Other Consumer [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	225	134
Consumer [Member] | Other Consumer [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Construction [Member]
Loans by Internal Classifications [Abstract]
Loans	89,446	78,401
Construction [Member] | Pass [Member]
Loans by Internal Classifications [Abstract]
Loans	89,446	78,401
Construction [Member] | Special Mention [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Construction [Member] | Substandard [Member]
Loans by Internal Classifications [Abstract]
Loans	0	0
Construction [Member] | Doubtful [Member]
Loans by Internal Classifications [Abstract]
Loans	$ 0	$ 0

LOANS, Troubled Debt Restructur

LOANS, Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
LOANS [Abstract]
Troubled debt restructurings	$ 0	$ 0

BORROWING ARRANGEMENTS (Details

BORROWING ARRANGEMENTS (Details) - USD ($) $ in Thousands	1 Months Ended		6 Months Ended
	Jan. 31, 2019	Dec. 31, 2018	Jun. 30, 2019	Jan. 31, 2014
Subordinated Debt Securities [Abstract]
Outstanding balance		$ 34,002	$ 26,472
Subordinated Debt Securities Issued in January 2014 [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount				$ 20,900
Debt instrument, maturity date			Jan. 31, 2024
Amount of debt securities whose holders elected to subscribe to new offering		13,400
Amount of debt securities redeemed	$ 7,500
Outstanding balance		7,500
Subordinated Debt Securities Issued in January 2014 [Member] | Debt Securities One [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount				$ 6,500
Debt instrument, current interest rate				4.00%
Debt instrument, period of fixed interest rate			5 years
Debt instrument, variable interest rate, floor			4.00%
Debt instrument, variable interest rate, ceiling			7.50%
Subordinated Debt Securities Issued in January 2014 [Member] | Debt Securities Two [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount				$ 14,400
Debt instrument, current interest rate				5.00%
Debt instrument, period of fixed interest rate			5 years
Debt instrument, variable interest rate, floor			4.00%
Debt instrument, variable interest rate, ceiling			7.50%
Subordinated Debt Securities Issued in December 2018 [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount		26,500
Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities One [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount		$ 12,400
Debt instrument, maturity date			Dec. 31, 2028
Debt instrument, current interest rate		5.74%
Debt instrument, period of fixed interest rate			5 years
Debt instrument, variable interest rate, floor			4.50%
Debt instrument, variable interest rate, ceiling			7.50%
Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities One [Member] | Maximum [Member]
Subordinated Debt Securities [Abstract]
Remaining maturity period during which debt can be called			5 years
Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities Two [Member]
Subordinated Debt Securities [Abstract]
Debt instrument, face amount		$ 14,100
Debt instrument, maturity date			Dec. 31, 2030
Debt instrument, current interest rate		6.41%
Debt instrument, period of fixed interest rate			7 years
Debt instrument, variable interest rate, floor			4.50%
Debt instrument, variable interest rate, ceiling			7.50%
Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities Two [Member] | Maximum [Member]
Subordinated Debt Securities [Abstract]
Remaining maturity period during which debt can be called			5 years

EMPLOYEE BENEFITS (Details)

EMPLOYEE BENEFITS (Details) - USD ($)	May 06, 2019	Jun. 30, 2019	Dec. 31, 2018
Non-Qualified Plans [Abstract]
Cumulative-effect adjustment to retained earnings, net of tax amount		$ 1,300,000
Cumulative-effect adjustment to retained earnings, before tax amount		1,600,000
Cumulative-effect adjustment to retained earnings, tax amount		340,000
Stock Appreciation Rights [Member]
Non-Qualified Plans [Abstract]
Fair value in excess of recorded intrinsic value			$ 1,600,000
Stock Appreciation Rights [Member] | Nonqualified Plans [Member]
Non-Qualified Plans [Abstract]
Liabilities for cost of benefits accrued			10,600,000
Fair value in excess of recorded intrinsic value			1,600,000
Cumulative-effect adjustment to retained earnings, net of tax amount		1,300,000
Cumulative-effect adjustment to retained earnings, before tax amount		1,600,000
Cumulative-effect adjustment to retained earnings, tax amount		$ 340,000
Employee benefits expense	$ 69,000		$ 607,000

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - 2019 Equity Incentive Plan [Member]	Mar. 06, 2019shares
Equity Incentive Plan [Abstract]
Maximum aggregate number of shares of common stock that may be issued (in shares)	2,300,000
Maximum [Member]
Equity Incentive Plan [Abstract]
Annual increase in number of shares that may be issued	3.00%

STOCK-BASED COMPENSATION, Stock

STOCK-BASED COMPENSATION, Stock Options Activity (Details) - 2019 Equity Incentive Plan [Member] - Stock Option [Member] - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Number of Shares [Roll Forward]
Outstanding at beginning of year (in shares)	0
Granted (in shares)	1,411,342
Exercised (in shares)	0
Forfeited (in shares)	0
Balance at end of period (in shares)	1,411,342	0
Exercisable at end of period (in shares)	0
Vested at end of period (in shares)	1,206,900
Weighted-Average Exercise Price [Abstract]
Outstanding at beginning of year (in dollars per share)	$ 0
Granted (in dollars per share)	12.50
Exercised (in dollars per share)	0
Forfeited (in dollars per share)	0
Balance at end of period (in dollars per share)	12.50	$ 0
Exercisable at end of period (in dollar per share)	0
Vested at end of period (in dollars per share)	$ 11.53
Weighted Average Remaining Contractual Life in Years [Abstract]
Options Outstanding	5 years 7 months 2 days	0 years
Granted	5 years 7 months 2 days
Exercised	0 years
Forfeited	0 years
Exercisable at end of period	0 years
Vested at end of period	5 years 11 months 16 days
Aggregate Intrinsic Value [Abstract]
Outstanding at beginning of year	$ 0
Granted	6,223
Exercised	0
Forfeited	0
Balance at end of period	6,223	$ 0
Exercisable at end of period	0
Vested at end of period	$ 6,223

STOCK-BASED COMPENSATION, Fair

STOCK-BASED COMPENSATION, Fair Value Assumptions (Details) - USD ($) $ / shares in Units, $ in Millions	May 06, 2019	Jun. 30, 2019
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected dividend yield		0.70%
Weighted average grant date fair value (in dollars per share)		$ 8.61
Equity Incentive Plan [Abstract]
Stock option modified from liabilities to equity (in shares)	750,000
Fair value of stock options after modification	$ 11.2
Amount reclassified from liabilities to equity in conversion	11.5
Maximum [Member]
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected volatility		28.64%
Expected term		7 years
Risk-free interest rate		2.63%
Equity Incentive Plan [Abstract]
Expiration period of options with accelerated vesting due to modification from liabilities to equity		4 years
Minimum [Member]
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected volatility		24.88%
Expected term		6 months
Risk-free interest rate		2.39%
Equity Incentive Plan [Abstract]
Expiration period of options with accelerated vesting due to modification from liabilities to equity		2 years
Stock Appreciation Rights (SARs) [Member]
Equity Incentive Plan [Abstract]
Fair value of share-based equity awards at conversion date	$ 11.5
2019 Equity Incentive Plan [Member] | Stock Appreciation Rights (SARs) [Member]
Equity Incentive Plan [Abstract]
Number of outstanding shares converted (in shares)	1,401,000

STOCK-BASED COMPENSATION, Restr

STOCK-BASED COMPENSATION, Restricted Stock Awards and Units (Details) - Restricted Stock Awards [Member] $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)$ / sharesshares
Number of Shares [Roll Forward]
Outstanding at beginning of year (in shares) | shares	0
Granted (in shares) | shares	52,764
Exercised (in shares) | shares	0
Forfeited (in shares) | shares	0
Balance at ending of period (in shares) | shares	52,764
Exercisable at end of period (in shares) | shares	0
Vested at end of period (in shares) | shares	0
Weighted-Average Exercise Price [Abstract]
Outstanding at beginning of year (in dollar per share) | $ / shares	$ 0
Granted (in dollars per share) | $ / shares	21.32
Exercised (in dollars per share) | $ / shares	0
Forfeited (in dollars per share) | $ / shares	0
Balance at ending of period (in dollars per share) | $ / shares	21.32
Exercisable at end of period (in dollars per share) | $ / shares	0
Vested at end of period (in dollars per share) | $ / shares	$ 0
Award vesting period	5 years
Unrecognized compensation cost | $	$ 2
Weighted average remaining period, recognition of compensation cost	2 years 5 months 16 days

STOCK-BASED COMPENSATION, Emplo

STOCK-BASED COMPENSATION, Employment Agreement (Details) - President [Member]	Mar. 06, 2019
Employment Agreement [Abstract]
Initial term of employment agreement	3 years
Automatic renewal term of employment agreement	3 years
Period of advance notice of non-renewal	90 days
Severance pay as percentage of sum of annual base salary and annual target cash incentive bonus in event of termination without cause or for good reason	200.00%
Period of monthly premiums to continue existing healthcare coverage under COBRA paid in lump sum in event of termination without cause or for good reason	24 months
Severance pay as percentage of sum of annual base salary and annual target cash incentive bonus in event of involuntary termination within 24-month period following change in control	300.00%
Period of monthly premiums to continue existing healthcare coverage under COBRA paid in lump sum in event of involuntary termination within 24-month period following change in control	36 months

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Federal Home Loan Bank Letters of Credit [Abstract]
Letters of credit outstanding balance	$ 199,000	$ 199,000
Commitments to Grant Loans and Unfunded Commitments Under Lines of Credit [Member]
Financial instruments with off-balance-sheet risk [Abstract]
Financial instruments whose contract amounts represent credit risk outstanding	386,601	346,245
Standby Letters-of-credit [Member]
Financial instruments with off-balance-sheet risk [Abstract]
Financial instruments whose contract amounts represent credit risk outstanding	$ 8,195	$ 5,062

CAPITAL AND REGULATORY MATTER_2

CAPITAL AND REGULATORY MATTERS (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Consolidated [Member]
Total Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 383,399	$ 309,798
Actual, Ratio	17.70%	14.30%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 226,833	$ 214,301
Minimum Required Under BASEL III Fully Phased-In, Ratio	10.50%	9.90%
Tier I Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 332,575	$ 260,020
Actual, Ratio	15.40%	12.00%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 183,627	$ 170,898
Minimum Required Under BASEL III Fully Phased-In, Ratio	8.50%	7.90%
Common Tier 1 (CET1) [Abstract]
Actual, Amount	$ 287,525	$ 215,020
Actual, Ratio	13.30%	9.90%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 151,222	$ 138,346
Minimum Required Under BASEL III Fully Phased-In, Ratio	7.00%	6.40%
Tier I Capital to Average Assets [Abstract]
Actual, Amount	$ 332,575	$ 260,020
Actual, Ratio	12.10%	9.60%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 108,707	$ 108,033
Minimum Required Under BASEL III Fully Phased-In, Ratio	4.00%	4.00%
City Bank [Member]
Total Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 305,013	$ 294,572
Actual, Ratio	14.10%	13.60%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 226,793	$ 214,246
Minimum Required Under BASEL III Fully Phased-In, Ratio	10.50%	9.90%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 215,994	$ 216,958
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier I Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 280,662	$ 271,266
Actual, Ratio	13.00%	12.50%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 183,594	$ 170,855
Minimum Required Under BASEL III Fully Phased-In, Ratio	8.50%	7.90%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 172,795	$ 173,567
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
Common Tier 1 (CET1) [Abstract]
Actual, Amount	$ 280,662	$ 271,266
Actual, Ratio	13.00%	12.50%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 151,195	$ 138,311
Minimum Required Under BASEL III Fully Phased-In, Ratio	7.00%	6.40%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 140,396	$ 141,023
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Tier I Capital to Average Assets [Abstract]
Actual, Amount	$ 280,662	$ 271,266
Actual, Ratio	10.20%	10.10%
Minimum Required Under BASEL III Fully Phased-In, Amount	$ 109,919	$ 107,940
Minimum Required Under BASEL III Fully Phased-In, Ratio	4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 137,398	$ 134,925
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5.00%	5.00%

DERIVATIVES (Details)

DERIVATIVES (Details) - Interest Rate Swap [Member] - Fair Value Hedging [Member] - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Other Liabilities [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	$ 10,768	$ 0
Derivative liability, fair value	331	0
Other Assets [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	0	10,917
Derivative asset, fair value	$ 0	$ 169

DERIVATIVES, Mortgage Banking D

DERIVATIVES, Mortgage Banking Derivatives (Details) - Mortgage Banking [Member] - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	$ 73,812	$ 46,891
Derivative asset, fair value	1,537	1,063
Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	73,151	54,998
Derivative liability, fair value	496	672
Forward Contracts [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	0	0
Derivative asset, fair value	0	0
Forward Contracts [Member] | Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	73,151	54,998
Derivative liability, fair value	496	672
Interest Rate Lock Commitments [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	73,812	46,891
Derivative asset, fair value	1,537	1,063
Interest Rate Lock Commitments [Member] | Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	0	0
Derivative liability, fair value	$ 0	$ 0

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Basic [Abstract]
Net income	$ 6,080	$ 13,013	$ 10,853	$ 18,514
Weighted average common shares outstanding - basic (in shares)	16,459,366	14,771,520	15,620,106	14,771,520
Effect of dilutive securities [Abstract]
Stock-based compensation awards (in shares)	104,177	0	104,215	0
Weighted average common shares outstanding - diluted (in shares)	16,563,543	14,771,520	15,724,321	14,771,520
Basic earnings per share (in dollars per share)	$ 0.37	$ 0.88	$ 0.69	$ 1.25
Diluted earnings per share (in dollars per share)	$ 0.37	$ 0.88	$ 0.69	$ 1.25

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Financial results by reportable segments [Abstract]
Net interest income	$ 24,837	$ 23,439	$ 49,383	$ 46,157
Provision for loan loss	(875)	(1,540)	(1,483)	(2,318)
Noninterest income	13,703	12,968	25,778	24,436
Noninterest expense	(29,930)	(28,422)	(59,966)	(56,299)
Income before income taxes	7,735	6,445	13,712	11,976
Income tax (expense) benefit	(1,655)	6,568	(2,859)	6,538
Net income	6,080	13,013	10,853	18,514
Banking [Member]
Financial results by reportable segments [Abstract]
Net interest income	24,837	23,439	49,383	46,157
Provision for loan loss	(875)	(1,540)	(1,483)	(2,318)
Noninterest income	12,563	11,905	22,933	22,040
Noninterest expense	(29,098)	(27,615)	(58,170)	(54,569)
Income before income taxes	7,427	6,189	12,663	11,310
Income tax (expense) benefit	(1,590)	6,402	(2,730)	6,372
Net income	5,837	12,591	9,933	17,682
Insurance [Member]
Financial results by reportable segments [Abstract]
Net interest income	0	0	0	0
Provision for loan loss	0	0	0	0
Noninterest income	1,140	1,063	2,845	2,396
Noninterest expense	(832)	(807)	(1,796)	(1,730)
Income before income taxes	308	256	1,049	666
Income tax (expense) benefit	(65)	166	(129)	166
Net income	$ 243	$ 422	$ 920	$ 832

FAIR VALUE DISCLOSURES, Assets

FAIR VALUE DISCLOSURES, Assets (Liabilities) Measured at Fair Value on Recurring and Non-Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Securities available for sale [Abstract]
Securities available for sale	$ 263,564	$ 338,196
U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	10,404	84,707
State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	31,990	32,310
Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	182,581	182,256
Recurring [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	38,589	38,923
Loans held for sale (mandatory)	30,861	31,874
Mortgage servicing rights	1,589	1,270
Asset derivatives	1,537	1,232
Liability derivatives	(827)	(672)
Recurring [Member] | U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	10,404	84,707
Recurring [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	31,990	32,310
Recurring [Member] | Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	182,581	182,256
Recurring [Member] | Level 1 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	0	0
Loans held for sale (mandatory)	0	0
Mortgage servicing rights	0	0
Asset derivatives	0	0
Liability derivatives	0	0
Recurring [Member] | Level 1 [Member] | U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	0	74,419
Recurring [Member] | Level 1 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 2 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	38,589	38,923
Loans held for sale (mandatory)	30,861	31,874
Mortgage servicing rights	1,589	1,270
Asset derivatives	1,537	1,232
Liability derivatives	(827)	(672)
Recurring [Member] | Level 2 [Member] | U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	10,404	10,288
Recurring [Member] | Level 2 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	31,990	32,310
Recurring [Member] | Level 2 [Member] | Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	182,581	182,256
Recurring [Member] | Level 3 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	0	0
Loans held for sale (mandatory)	0	0
Mortgage servicing rights	0	0
Asset derivatives	0	0
Liability derivatives	0	0
Recurring [Member] | Level 3 [Member] | U.S. Government and Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Mortgage-Backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Nonrecurring [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	6,988	9,119
Other real estate owned	2,305	2,285
Loans held-for-sale (best efforts)	8,071	6,508
Nonrecurring [Member] | Level 1 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	0	0
Other real estate owned	0	0
Loans held-for-sale (best efforts)	0	0
Nonrecurring [Member] | Level 2 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	0	0
Other real estate owned	0	0
Loans held-for-sale (best efforts)	8,071	6,508
Nonrecurring [Member] | Level 3 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Impaired loans	6,988	9,119
Other real estate owned	2,305	2,285
Loans held-for-sale (best efforts)	$ 0	$ 0

FAIR VALUE DISCLOSURES, Quantit

FAIR VALUE DISCLOSURES, Quantitative Information about Non-Recurring Level 3 Fair Value Measurements (Details) - Third Party Appraisals or Inspections [Member] - Collateral Discounts and Selling Costs [Member] $ in Thousands	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans	$ 6,988	$ 9,119
Other real estate owned	$ 2,305	$ 2,285
Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, discounts	0	0
Other real estate owned, discounts	0.15	0.15
Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, discounts	1	1
Other real estate owned, discounts	0.66	0.66

FAIR VALUE DISCLOSURES, Estimat

FAIR VALUE DISCLOSURES, Estimated Fair Values, and Related Carrying Amounts (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	$ 408,116	$ 245,989
Loans, net	1,911,482	1,934,071
Accrued interest receivable	9,976	12,957
Bank-owned life insurance	57,794	57,172
Financial liabilities [Abstract]
Deposits	2,281,858	2,277,454
Accrued interest payable	2,306	2,042
Notes payable & other borrowings	95,000	95,000
Junior subordinated deferrable interest debentures	46,393	46,393
Subordinated debt securities	26,472	34,002
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	408,116	245,989
Loans, net	1,903,358	1,923,167
Accrued interest receivable	9,976	12,957
Bank-owned life insurance	57,794	57,172
Financial liabilities [Abstract]
Deposits	2,284,322	2,278,449
Accrued interest payable	2,306	2,042
Notes payable & other borrowings	95,000	95,000
Junior subordinated deferrable interest debentures	46,393	46,393
Subordinated debt securities	26,472	34,002
Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	408,116	245,989
Loans, net	0	0
Accrued interest receivable	0	0
Bank-owned life insurance	0	0
Financial liabilities [Abstract]
Deposits	2,050,839	1,965,925
Accrued interest payable	0	0
Notes payable & other borrowings	0	0
Junior subordinated deferrable interest debentures	0	0
Subordinated debt securities	0	0
Level 2 [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Loans, net	0	0
Accrued interest receivable	9,976	12,957
Bank-owned life insurance	57,794	57,172
Financial liabilities [Abstract]
Deposits	233,483	312,524
Accrued interest payable	2,306	2,042
Notes payable & other borrowings	95,000	95,000
Junior subordinated deferrable interest debentures	46,393	46,393
Subordinated debt securities	26,472	34,002
Level 3 [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Loans, net	1,903,358	1,923,167
Accrued interest receivable	0	0
Bank-owned life insurance	0	0
Financial liabilities [Abstract]
Deposits	0	0
Accrued interest payable	0	0
Notes payable & other borrowings	0	0
Junior subordinated deferrable interest debentures	0	0
Subordinated debt securities	$ 0	$ 0

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) $ in Millions	Jul. 25, 2019USD ($)
Subsequent Event [Member] | West Texas State Bank [Member]
Business Acquisition [Abstract]
Value of all-cash merger	$ 76.1