MVB Financial (MVBF) 10-K 9 Mar 21 2020 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2020	Mar. 08, 2021	Jun. 30, 2020
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2020
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	000-50567
Entity Registrant Name	MVB Financial Corp.
Entity Incorporation, State or Country Code	WV
Entity Tax Identification Number	20-0034461
Entity Address, Address Line One	301 Virginia Avenue
Entity Address, City or Town	Fairmont
Entity Address, State or Province	WV
Entity Address, Postal Zip Code	26554
City Area Code	304
Local Phone Number	363-4800
Title of 12(b) Security	Common Stock, $1.00 Par Value Per Share
Trading Symbol	MVBF
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 137,985,864
Entity Common Stock, Shares Outstanding		11,568,156
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s definitive proxy statement relating to the 2021 Annual Meeting of Shareholders are incorporated by reference into Part III of this Annual Report on Form 10-K.
Entity Central Index Key	0001277902
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Cash and cash equivalents:
Cash and due from banks	$ 19,110	$ 18,430
Interest-bearing balances with banks	244,783	9,572
Total cash and cash equivalents	263,893	28,002
Certificates of deposit with banks	11,803	12,549
Investment securities available-for-sale	410,624	235,821
Equity securities	27,585	18,514
Loans held-for-sale	1,062	109,788
Loans receivable	1,453,744	1,374,541
Allowance for loan losses	(25,844)	(11,775)
Loans receivable, net	1,427,900	1,362,766
Premises and equipment, net	26,203	21,974
Bank-owned life insurance	41,262	35,374
Equity method investment	46,494	0
Accrued interest receivable and other assets	72,300	53,142
Assets of branches held-for-sale	0	46,554
Goodwill	2,350	19,630
TOTAL ASSETS	2,331,476	1,944,114
Deposits:
Noninterest-bearing	715,791	278,547
Interest-bearing	1,266,598	986,495
Total deposits	1,982,389	1,265,042
Deposits of branches held-for-sale	0	188,270
Accrued interest payable and other liabilities	55,931	41,685
Repurchase agreements	10,266	10,172
FHLB and other borrowings	0	222,885
Subordinated debt	43,407	4,124
Total liabilities	2,091,993	1,732,178
STOCKHOLDERS’ EQUITY
Preferred stock - par value $1,000; 20,000 shares authorized; 733 shares issued and outstanding as of December 31, 2020 and December 31, 2019	7,334	7,334
Common stock - par value $1; 20,000,000 shares authorized; 12,374,322 and 11,526,306 shares issued and outstanding, respectively, as of December 31, 2020 and 11,995,366 and 11,944,289 shares issued and outstanding, respectively, as of December 31, 2019	12,374	11,995
Additional paid-in capital	129,119	122,516
Retained earnings	105,171	72,496
Accumulated other comprehensive income (loss)	2,226	(1,321)
Treasury stock - 848,016 and 51,077 shares as of December 31, 2020 and December 31, 2019, respectively, at cost	(16,741)	(1,084)
Total stockholders’ equity	239,483	211,936
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 2,331,476	$ 1,944,114

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 1,000
Preferred stock, shares authorized (in shares)	20,000
Preferred stock, shares issued (in shares)	733
Common stock, par value (in dollars per share)	$ 1
Common stock, shares authorized (in shares)	20,000,000
Common stock, shares issued (in shares)	12,374,322	11,995,366
Common stock, shares outstanding (in shares)	11,526,306	11,944,289
Treasury stock, shares (in shares)	848,016	51,077

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
INTEREST INCOME
Interest and fees on loans	$ 72,999	$ 74,854	$ 62,468
Interest on deposits with banks	437	489	403
Interest on investment securities	2,448	3,055	3,580
Interest on tax-exempt loans and securities	4,569	3,963	3,309
Total interest income	80,453	82,361	69,760
INTEREST EXPENSE
Interest on deposits	10,294	17,439	11,635
Interest on short-term borrowings	1,072	4,752	4,315
Interest on subordinated debt	261	770	1,756
Total interest expense	11,627	22,961	17,706
NET INTEREST INCOME	68,826	59,400	52,054
Provision for loan losses	16,579	1,789	2,440
Net interest income after provision for loan losses	52,247	57,611	49,614
NONINTEREST INCOME
Mortgage fee income	33,427	41,045	32,337
Payment card and service charge income	2,821	1,980	1,680
Insurance and investment services income	872	727	716
Gain (loss) on sale of available-for-sale securities, net	914	(166)	327
Gain (loss) on sale of equity securities, net	3,501	(7)	0
Gain (loss) on derivatives, net	2,341	1,253	(278)
Holding gain on equity securities	374	13,767	590
Compliance consulting income	4,436	921	0
Equity method investment income	24,174	0	0
Gains on acquisition and divestiture activity	17,640	0	0
Other operating income	1,337	5,084	3,268
Total noninterest income	91,837	64,604	38,640
NONINTEREST EXPENSES
Salaries and employee benefits	61,629	56,175	46,224
Occupancy expense	4,599	4,816	4,234
Equipment depreciation and maintenance	3,672	3,640	3,239
Data processing and communications	5,375	4,025	3,741
Mortgage processing	1,744	3,041	3,551
Marketing, contributions and sponsorships	1,096	1,290	1,141
Professional fees	8,453	4,999	3,559
Insurance, tax and assessment expense	2,090	1,663	1,846
Travel, entertainment, dues and subscriptions	3,390	4,151	2,808
Other operating expenses	5,093	3,401	2,535
Total noninterest expense	97,141	87,201	72,878
Income from continuing operations, before income taxes	46,943	35,014	15,376
Income tax expense - continuing operations	9,532	8,450	3,373
Net income from continuing operations	37,411	26,564	12,003
Income from discontinued operations, before income taxes	0	575	0
Income tax expense - discontinued operations	0	148	0
Net income from discontinued operations	0	427	0
Net income	37,411	26,991	12,003
Preferred dividends	461	479	489
Net income available to common shareholders	$ 36,950	$ 26,512	$ 11,514
Earnings per share from continuing operations - basic (in dollars per share)	$ 3.13	$ 2.22	$ 1.04
Earnings per share from discontinued operations - basic (in dollars per share)	0	0.04	0
Earnings per common shareholder - basic (in dollars per share)	3.13	2.26	1.04
Earnings per share from continuing operations - diluted (in dollars per share)	3.06	2.16	1
Earnings per share from discontinued operations - diluted (in dollars per share)	0	0.04	0
Earnings per common shareholder - diluted (in dollars per share)	$ 3.06	$ 2.20	$ 1
Weighted average shares outstanding - basic (in shares)	11,821,574	11,713,885	11,030,984
Weighted average shares outstanding - diluted (in shares)	12,088,106	12,044,667	12,722,003

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 37,411	$ 26,991	$ 12,003
Other comprehensive income (loss):
Unrealized holding gains (losses) on securities available-for-sale	6,979	8,498	(4,167)
Income tax effect	(1,635)	(2,294)	1,125
Reclassification adjustment for (gain) loss recognized in income	(914)	166	(327)
Income tax effect	214	(44)	88
Change in defined benefit pension plan	(1,403)	(1,467)	(22)
Income tax effect	329	396	6
Reclassification adjustment for amortization of net actuarial loss recognized in income	420	271	306
Income tax effect	(98)	(73)	(83)
Reclassification adjustment for carrying value adjustment - investment hedge recognized in income	(473)	44	0
Income tax effect	128	(12)	0
Total other comprehensive income (loss)	3,547	5,485	(3,074)
Comprehensive income	$ 40,958	$ 32,476	$ 8,929

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Chartwell	Preferred stock	Common stock	Common stockChartwell	Additional paid-in capital	Additional paid-in capitalChartwell	Retained earnings	Accumulated other comprehensive income (loss)	Treasury stock
Beginning balance (in shares) at Dec. 31, 2017			783	10,495,704						51,077
Beginning balance at Dec. 31, 2017	$ 150,192		$ 7,834	$ 10,496		$ 98,698		$ 37,236	$ (2,988)	$ (1,084)
Increase (Decrease) in Stockholders' Equity
Net income	12,003							12,003
Other comprehensive income (loss)	(3,074)								(3,074)
Cash dividends paid	(1,220)							(1,220)
Dividends on preferred stock	(489)							(489)
Stock-based compensation	1,267					1,267
Common stock options exercised (in shares)				162,666
Common stock options exercised	2,129			$ 161		1,968
Restricted stock units vested	1					(1)
Stranded AOCI								646	(646)
Market-to-market on equity positions								98	(98)
Common stock issued from subordinated debt conversion, net of costs (in shares)				1,000,000
Common stock issued from subordinated debt conversion, net of costs	15,965			$ 1,000		14,965
Common stock issued related to Paladin acquisition	0
Ending balance (in shares) at Dec. 31, 2018			783	11,658,370						51,077
Ending balance at Dec. 31, 2018	176,773		$ 7,834	$ 11,658		116,897		48,274	(6,806)	$ (1,084)
Increase (Decrease) in Stockholders' Equity
Net income	26,991							26,991
Other comprehensive income (loss)	5,485								5,485
Cash dividends paid	(2,290)							(2,290)
Dividends on preferred stock	(479)							(479)
Stock-based compensation	1,759					1,759
Common stock options exercised (in shares)				210,050
Common stock options exercised	2,164			$ 210		1,954
Restricted stock units vested (in shares)				9,576
Restricted stock units vested	10					(10)
Common stock issued from subordinated debt conversion, net of costs (in shares)				62,500
Common stock issued from subordinated debt conversion, net of costs	1,000			$ 62		938
Common stock issued related to acquisitions (in shares)					54,870
Common stock issued related to Paladin acquisition	0	$ 1,033			$ 55		$ 978
Redemption of preferred stock (in shares)			(50)
Redemption of preferred stock	(500)		$ (500)
Ending balance (in shares) at Dec. 31, 2019			733	11,995,366						51,077
Ending balance at Dec. 31, 2019	211,936		$ 7,334	$ 11,995		122,516		72,496	(1,321)	$ (1,084)
Increase (Decrease) in Stockholders' Equity
Net income	37,411							37,411
Other comprehensive income (loss)	3,547								3,547
Cash dividends paid	(4,275)							(4,275)
Dividends on preferred stock	(461)							(461)
Stock-based compensation	$ 2,353					2,353
Common stock options exercised (in shares)	305,697			305,697
Common stock options exercised	$ 4,459			$ 306		4,153
Restricted stock units vested (in shares)				53,981						525
Restricted stock units vested	(77)			$ 54		(124)				$ (7)
Common stock repurchased (in shares)										796,414
Common stock repurchased	(15,650)									$ (15,650)
Common stock issued related to acquisitions (in shares)				19,278
Common stock issued related to Paladin acquisition	240			$ 19		221
Ending balance (in shares) at Dec. 31, 2020			733	12,374,322						848,016
Ending balance at Dec. 31, 2020	$ 239,483		$ 7,334	$ 12,374		$ 129,119		$ 105,171	$ 2,226	$ (16,741)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]
Cash dividends paid (in dollars per share)	$ 0.36	$ 0.195	$ 0.11

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
OPERATING ACTIVITIES
Net income	$ 37,411	$ 26,991	$ 12,003
Adjustments to reconcile net income to net cash from operating activities:
Net amortization and accretion of investments	1,892	1,258	1,293
Net amortization of deferred loan (fees) costs	1,692	(448)	(324)
Provision for loan losses	16,579	1,789	2,440
Depreciation and amortization	3,292	3,260	2,938
Stock-based compensation	2,353	1,759	1,267
Loans originated for sale	(1,334,910)	(1,604,825)	(1,214,078)
Proceeds of loans sold	1,477,063	1,611,889	1,237,402
Holding gain on equity securities	(374)	(13,767)	(590)
Mortgage fee income	(33,427)	(41,045)	(32,337)
Gain on sale of available-for-sale securities	(948)	(105)	(352)
Loss on sale of available-for-sale securities	34	271	25
Gain on sale of equity securities	(3,501)	0	0
Loss on sale of equity securities	0	7	0
Gain on sale of portfolio loans	(332)	(520)	(198)
Gains on acquisition and divestiture activity	(17,640)	0	0
Income on bank-owned life insurance, including death benefit proceeds in excess of cash surrender value	(888)	(1,197)	(1,182)
Deferred taxes	(3,386)	(3,953)	139
Amortization of operating lease right-of-use asset	86	10	0
Equity method investment income	(27,574)	0	0
Return on equity method investment	3,400	0	0
Other assets	(27,286)	(14,753)	(3,013)
Other liabilities	18,699	25,317	1,261
Net cash from operating activities	112,235	(8,062)	6,694
INVESTING ACTIVITIES
Purchases of investment securities available-for-sale	(269,790)	(70,984)	(31,068)
Maturities/paydowns of investment securities available-for-sale	64,493	33,583	25,748
Sales of investment securities available-for-sale	54,023	31,220	2,743
Purchases of premises and equipment, including premises and equipment included in assets of branches held-for-sale	(6,615)	(2,042)	(2,693)
Disposals of premises and equipment	1,687	0	0
Net increase in loans and loans included in assets of branches held-for-sale	(70,186)	(113,076)	(199,282)
Purchases of restricted bank stock	(25,831)	(49,600)	(29,370)
Redemptions of restricted bank stock	38,048	45,853	25,681
Proceeds from sale of certificates of deposit with banks	1,739	2,229	0
Purchases of certificates of deposit with banks	(993)	0	0
Proceeds from sale of other real estate owned	8,309	731	707
Purchase of bank-owned life insurance	(5,000)	(574)	(1,149)
Proceeds from death benefit of bank-owned life insurance policies	0	688	706
Purchase of equity securities	(9,918)	(1,400)	(2,000)
Sales of equity securities	4,622	5,968	0
Proceeds from divestitures	(136,005)	0	0
Cash paid for acquisitions	57,306	(2,651)	0
Net cash from investing activities	(294,111)	(120,055)	(209,977)
FINANCING ACTIVITIES
Net increase in deposits and deposits in branches held-for-sale	574,691	144,158	149,574
Net change in repurchase agreements	94	(4,753)	(7,478)
Net change in FHLB and other borrowings	(180,283)	7,998	62,718
Subordinated debt issuance (redemption)	40,000	(12,400)	0
Subordinated debt issuance and conversion costs	(717)	0	(35)
Common stock repurchased	(15,746)	0	0
Preferred stock redemption	0	(500)	0
Common stock options exercised	4,464	2,164	2,129
Cash dividends paid on common stock	(4,275)	(2,290)	(1,220)
Cash dividends paid on preferred stock	(461)	(479)	(489)
Net cash from financing activities	417,767	133,898	205,199
Net change in cash and cash equivalents	235,891	5,781	1,916
Cash and cash equivalents at beginning of period	28,002	22,221	20,305
Cash and cash equivalents at end of period	263,893	28,002	22,221
Business combination non-cash disclosures:
Assets acquired in business combinations (net of cash received)	87,722	3,389	0
Liabilities assumed in business combination	148,731	855	0
Supplemental disclosure of cash flow information:
Loans transferred to other real estate owned	800	115	1,369
Employee stock-based compensation tax withholding obligations	35	57	161
Restricted stock units vested	49	10	1
Common stock converted from subordinated debt	0	1,000	15,965
Initial recognition of operating lease right-of-use assets	0	12,935	0
Initial recognition of operating lease liabilities	0	15,659	0
Common stock issued related to Paladin acquisition	240	0	0
Cash payments for:
Interest on deposits, repurchase agreements and borrowings	12,271	22,970	17,277
Income taxes	$ 11,966	$ 3,962	$ 191

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Note 1 – Summary of Significant Accounting Policies Business and Organization The Company is a financial holding company and was organized as a West Virginia corporation in 2003. MVB operates principally through its wholly-owned subsidiary, the Bank. The Bank’s subsidiaries include MVB Insurance, MVB CDC, Chartwell, Paladin Fraud and MVB Technology. MVB conducts a wide range of business activities, primarily CoRe banking. The Company also continues to be involved in new innovative strategies to provide independent banking to corporate clients throughout the United States by leveraging recent investments in Fintech. MVB considers Fintech companies as those entities that use technology to electronically move funds. Since the formation of the Bank, the Company has acquired a number of financial institutions and other financial services businesses. Future acquisitions and divestitures will be consistent with the Company’s strategic direction. The Company's most recent acquisition and divestiture activity includes the following: l In September 2019, the Company acquired Chartwell, based from Bethesda, MD. Chartwell provides integrated regulatory compliance, state licensing, financial crimes prevention and enterprise risk management services that include consulting, outsourcing, testing and training solutions. Chartwell has expanded its services to both Fintech clients and banks, in coordination with MVB Bank’s current compliance officers, to help create and implement strategy and provide expert compliance resources with respect to new client due diligence. l In November 2019, the Company entered into a Purchase and Assumption Agreement with Summit Community Bank, Inc. (“Summit”), a subsidiary of Summit Financial Group, Inc., pursuant to which Summit purchased certain assets and assumed certain liabilities of three Bank branch locations in Berkeley County, WV, and one Bank branch location in Jefferson County, WV. The Company closed this transaction in April 2020. l In March 2020, the Bank entered into an Agreement with Intercoastal Mortgage Company, a Virginia corporation (“Intercoastal”), and each of H. Edward Dean, III, Tom Pyne and Peter Cameron, providing for the combination of the Bank's mortgage origination services and Intercoastal. The transaction closed in July 2020. On the closing date, Intercoastal converted into a Virginia limited liability company and the Bank contributed certain of its assets and liabilities associated with its mortgage operations to Intercoastal as a capital contribution, in exchange for common units of a new entity, ICM, representing 47% of the common interest of ICM, as well as $7.5 million in preferred units. The Company recognizes its ownership interest in ICM as an equity method investment. l In April 2020, the Bank entered into a Purchase and Assumption Agreement with the Federal Deposit Insurance Corporation (“FDIC”), as receiver for The First State Bank, Barboursville, WV, providing for the assumption by the Bank of certain liabilities and the purchase by the Bank of certain assets of First State. First State depositors automatically became depositors of the Bank and, subject to the insurance limitations, deposits will continue to be insured by the FDIC without interruption. In the Agreement, the Bank agreed to pay no deposit premium and to acquire the assets at a discount to book value. The Bank also acquired three branch locations in Barboursville, Teays Valley and Huntington, WV. l In April 2020, Paladin Fraud acquired substantially all of the assets and certain liabilities of Paladin, LLC, a Washington limited liability company. l In August 2020, MVB Technology entered into an Asset Purchase Agreement with Invest Forward, Inc., a Delaware corporation doing business as Grand. Pursuant to the Asset Purchase Agreement, MVB Technology acquired substantially all the assets of Grand. The purchase price of the transaction consisted of cash totaling $1.0 million, plus the conversion of MVB’s note with Invest Forward. Business Overview Commercial and Retail Banking The Company’s primary business activities, which are conducted through the Bank and its subsidiaries, are primarily CoRe banking. The Bank offers its customers a full range of products and services including: l Various demand deposit accounts, savings accounts, money market accounts and certificates of deposit; l Commercial, consumer and real estate mortgage loans and lines of credit; l Debit cards; l Cashier’s checks; l Safe deposit rental facilities; and l Non-deposit investment services offered through an association with a broker-dealer. Fintech Banking In addition to its CoRe banking activities, the Company is also involved in innovative strategies to provide independent banking to corporate clients throughout the United States by leveraging recent investments in Fintech. The dedicated Fintech sales team specializes in providing banking services to corporate Fintech clients, with an overarching focus on operational risk and compliance. Managing banking relationships with clients in the payments, digital savings, cryptocurrency, crowd funding, lottery and gaming industries is complex from both an operational and regulatory perspective. COVID-19 Pandemic During 2020, economies throughout the world have been severely disrupted as a result of the outbreak of COVID-19. The outbreak and any preventative or protective actions that the Company or its clients may take in respect of this virus may result in a period of disruption, including the Company’s financial reporting capabilities, its operations generally and could potentially impact the Company’s clients, providers and third parties. The extent to which the COVID-19 pandemic impacts the Company’s future operating results will depend on future developments, which are highly uncertain and cannot be predicted. Basis of Presentation The financial statements are consolidated to include the accounts of the Company, its subsidiary, MVB Bank and the Bank’s wholly-owned subsidiaries. These statements have been prepared in accordance with U.S. GAAP and practices in the banking industry. All significant inter-company accounts and transactions have been eliminated in the consolidated financial statements. In preparing the consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses for the period. Estimates are based on known facts and circumstances and actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change relate to determination of the allowance for loan losses, purchased credit impaired loans, derivative instruments, goodwill and deferred tax assets and liabilities. Unconsolidated investments where the Company has the ability to exercise significant influence over the operating and financial policies of the respective investee are accounted for using the equity method of accounting; those that are not consolidated or accounted for using the equity method of accounting are accounted for under cost or fair value accounting. For these investments accounted for under the equity method, the Company records its investment in non-consolidated affiliates and the portion of income or loss in equity in earnings of non-consolidated affiliates. The Company periodically evaluates these investments for impairment. As of December 31, 2020, the Company holds one equity method investment. Certain amounts in the 2019 and 2018 consolidated financial statements have been reclassified to conform to the 2020 financial statement presentation and there was no change to net income. The Company has evaluated subsequent events for potential recognition and/or disclosure through the date these consolidated financial statements were issued. Cash and Cash Equivalents Cash equivalents include cash on hand, deposits in banks and interest-earning deposits. Interest-earning deposits with original maturities of 90 days or less are considered cash equivalents. Net cash flows are reported for loans, deposits and short-term borrowing transactions. Investment Securities Investment securities at the time of purchase are classified as one of the following: Available-for-Sale Securities - Includes debt that will be held for indefinite periods of time. These securities may be sold in response to changes in market interest or prepayment rates, needs for liquidity and changes in the availability of and yield of alternative investments. Such securities are reported at fair value, with unrealized holding gains and losses excluded from earnings and reported as a separate component of stockholders’ equity, net of estimated income tax effect. Equity Securities - Includes equity securities that are adjusted to fair value on a monthly basis, with the change in value recorded directly on the income statement. The Company has elected to measure the equity securities without readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes for underlying transactions for identical or similar investments of new issues. The amortized cost of investment in debt securities is adjusted for amortization of premiums and accretion of discounts, computed by a method that results in a level yield. Gains and losses on the sale of investment securities are computed on the basis of specific identification of the adjusted cost of each security. Securities are periodically reviewed for other-than-temporary impairment. For debt securities, management considers whether the present value of future cash flows expected to be collected are less than the security’s amortized cost basis (the difference defined as the credit loss), the magnitude and duration of the decline, the reasons underlying the decline and the Company’s intent to sell the security or whether it is more likely than not that the Company would be required to sell the security before its anticipated recovery in market value, to determine whether the loss in value is other than temporary. If a decline in value is determined to be other than temporary, if the Company does not intend to sell the security, and it is more-likely-than-not that it will not be required to sell the security before recovery of the security’s amortized cost basis, the charge to earnings is limited to the amount of credit loss. Any remaining difference between fair value and amortized cost (the difference defined as the non-credit portion) is recognized in other comprehensive income, net of applicable taxes. A decline in value that is considered to be other-than-temporary is recorded as a loss within noninterest income in the consolidated statement of income. The Bank is a member of the FHLB of Pittsburgh and as such, is required to maintain a minimum investment in stock of the FHLB that varies with the level of advances outstanding with the FHLB. As of December 31, 2020 and 2019, the Bank holds $2.8 million and $15.0 million, respectively, which is included in accrued interest receivable and other assets. The stock is bought from and sold to the FHLB based upon its $100 par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost and evaluated by management. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) a significant decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted; (b) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance; (c) the impact of legislative and regulatory changes on the customer base of the FHLB; and (d) the liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein. Management considered that the FHLB’s regulatory capital ratios have improved in the most recent quarters, liquidity appears adequate, new shares of FHLB stock continue to exchange hands at the $100 par value and the FHLB has repurchased shares of excess capital stock from its members during 2020 and 2019. Loans and Allowance for Loan Losses Loans are stated at the amount of unpaid principal reduced by an allowance for loan losses. Loans are considered non-accrual when scheduled principal or interest payments are 90 days past due. Interest income on loans is recognized on an accrual basis. The allowance for loan losses is maintained at a level deemed adequate to absorb probable losses inherent in the loan portfolio. The Company consistently applies a quarterly loan review process to continually evaluate loans for changes in credit risk. This process serves as the primary means by which the Company evaluates the adequacy of the allowance for loan losses, and is based upon periodic review of the collectability of loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific and general components. The specific component relates to loans that are impaired. The general component covers all loans that are not impaired, and is based upon historical loss experience adjusted for qualitative factors. The Company allocates the allowance based on the factors described below, which conform to the Company’s loan classification policy. In reviewing risk within the loan portfolio, management has determined there to be several different risk categories within the loan portfolio. The allowance for loan losses consists of amounts applicable to: (i) residential real estate loans; (ii) commercial and commercial real estate secured loans; (iii) home equity loans; and (iv) consumer and other loans. Factors considered in this process include general loan terms, collateral and availability of historical data to support the analysis. Historical loss percentages for each loan category are calculated and used as the basis for calculating allowance allocations. Certain qualitative factors are evaluated to determine additional inherent risks in the loan portfolio, which are not necessarily reflected in the historical loss percentages. These factors are then added to the historical allocation percentages to get the adjusted factor to be applied to non-classified loans on a weighted basis, by risk grade. The following qualitative factors are analyzed: l Lending policies and procedures l Nature and volume of the portfolio l Experience and ability of lending management and staff l Volume and severity of problem credits l Quality of the loan review system l Conclusions of loan reviews, audits and exams l National, state, regional and local economic trends and business conditions l General economic conditions l Unemployment rates l Inflation / Consumer Price Index l Value of underlying collateral l Existence and effect of any credit concentrations l Consumer sentiment l Other external factors The Company analyzes its loan portfolio each quarter to determine the appropriateness of its allowance for loan losses. A loan that has deteriorated and requires additional collection efforts by the Bank could warrant non-accrual status. A thorough review is presented to the Chief Credit Officer and/or the Special Assets Review Committee (“SARC”), as required with respect to any loan which is in a collection process and to make a determination as to whether the loan should be placed on non-accrual status. The placement of loans on non-accrual status is subject to applicable regulatory restrictions and guidelines. Generally, loans should be placed in non-accrual status when the loan reaches 90 days past due, when it becomes likely the borrower cannot or will not make scheduled principal or interest payments, when full repayment of principal and interest is not expected, or when the loan displays potential loss characteristics. Normally, all accrued interest is charged off when a loan is placed in non-accrual status, unless Management believes it is likely the accrued interest will be collected. Any payments subsequently received are applied to principal. To remove a loan from non-accrual status, all principal and interest due must be paid up to date and the Bank is reasonably sure of future satisfactory payment performance. Usually, this requires a six-month recent history of payments due. Removal of a loan from non-accrual status will require the approval of the Chief Credit Officer and/or SARC. Loans are considered to be impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in evaluating impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. The Company also separately evaluates individual consumer loans for impairment. Loans are identified individually by monitoring the delinquency status of the Bank’s portfolio. Once identified, the Bank’s ongoing communications with the borrower allow evaluation of the significance of the payment delays and the circumstances surrounding the loan and the borrower. Once the determination has been made that a loan is impaired, the amount of the impairment is measured using one of three valuation methods: (a) the present value of expected future cash flows discounted at the loan’s effective interest rate; (b) the loan’s observable market price; or (c) the fair value of the collateral less selling costs. The method is selected on a loan-by-loan basis, with management primarily utilizing the fair value of collateral method. The evaluation of the need and amount of a specific allocation of the allowance and whether a loan can be removed from impairment status is made on a quarterly basis. The Company defers loan origination and commitment fees and direct loan origination costs and the net amount is amortized as an adjustment of the related loan’s yield. Purchased Credit Impaired Loans The Company may purchase individual loans and groups of loans, some of which have shown evidence of credit deterioration since origination. These PCI loans are recorded at the amount paid, such that there is no carryover of the seller's allowance for loan losses. After acquisition, losses are recognized by an increase in the allowance for loan losses. Such PCI loans are accounted for individually or aggregated into pools of loans based on common risk characteristics, such as credit score, loan type and date of origination. The Company estimates the amount and timing of expected cash flows for each loan or pool and the expected cash flows in excess of amount paid is recorded as interest income over the remaining life of the loan or pool (accretable yield). The excess of the loan's or pool's contractual principal and interest over expected cash flows is not recorded (non-accretable difference). Over the life of the loan or pool, expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded as a provision for loan losses. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. Troubled Debt Restructurings A restructuring of debt constitutes a troubled debt restructuring (“TDR”) if the creditor for economic or legal reasons related to the debtor’s financial difficulties grants a concession to the debtor that it would not otherwise consider. Concessions may include interest rate reductions or below market interest rates, principal forgiveness, restructuring amortization schedules and other actions intended to minimize potential losses. The determination of whether a concession has been granted includes an evaluation of the debtor’s ability to access funds at a market rate for debt with similar risk characteristics and among other things, the significance of the modification relative to unpaid principal or collateral value of the debt and/or the significance of a delay in the timing of payments relative to the frequency of payments, original maturity date or the expected duration of the loan. The most common concessions granted generally include one or more modifications to the terms of the debt such as a reduction in the interest rate for the remaining life of the debt, an extension of the maturity date at an interest rate lower than the current market rate for new debt with similar risk, or reduction of the unpaid principal or interest. All TDRs are considered impaired loans. Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation, while land is carried at cost. Depreciation expense is computed for financial reporting by the straight-line-method based on the estimated useful lives of assets, which range from seven three Bank-Owned Life Insurance Bank-owned life insurance represents life insurance on the lives of certain Company employees who have provided positive consent allowing the Company to be the beneficiary of such policies. These policies are recorded at their cash surrender value or the amount that can be realized upon surrender of the policy. Income from these policies is not subject to income taxes and is recorded as noninterest income. Equity Method Investment Investments in companies in which the Company has significant influence over the operating and financing decisions are accounted for using the equity method of accounting. These investments are included in the equity method investment line item on the consolidated balance sheets. The Company recognizes its proportionate share of the investee's profits and losses in the equity method investment income line item with corresponding adjustments to the equity method investment line item. Intangible Assets and Goodwill Goodwill is reviewed for potential impairment at least annually at the reporting unit level. In addition to the annual impairment evaluation, the Company evaluates for impairment when events or circumstances indicate that it is more likely than not an impairment loss has occurred. The Company performs its annual impairment test during the fourth quarter. The Company first assesses qualitative factors to determine whether it is necessary to perform the two-step goodwill impairment test discussed below. The Company assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. Examples of qualitative factors include: economic conditions; industry and market considerations; increases in labor or other costs; overall financial performance such as negative or declining cash flows; relevant entity-specific events such as changes in management, key personnel, strategy or customers; and regulatory or political developments. The Company early adopted ASU 2017-04, Intangibles–Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. Topic 350, Intangibles—Goodwill and Other (Topic 350) and did so for the period ended December 31, 2020. This guidance simplified the accounting for goodwill impairment for all entities by requiring impairment charges to be based on Step 1 of the previous accounting guidance’s two-step impairment test under ASC Topic 350. Under the new guidance, if a reporting unit’s carrying amount exceeds its fair value, the entity will record an impairment charge based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. The new standard eliminates the requirement to calculate a goodwill impairment charge using Step 2, which involved calculating an implied fair value of goodwill for each reporting unit for which the first step indicated impairment. The standard does not change the guidance on completing Step 1 of the goodwill impairment test. Entities are still be able to perform optional qualitative goodwill impairment assessment before determining whether to proceed to the quantitative step of determining whether the reporting unit’s carrying amount exceeds it fair value. For intangible assets subject to amortization, the recoverability test is performed when a triggering event occurs and an impairment loss is recognized if the carrying value of the intangible asset exceeds fair value and is not recoverable. The carrying value of the intangible asset is considered not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use of the asset. Intangible assets deemed to have indefinite useful lives are not subject to amortization. An impairment loss is recognized if the carrying value of the intangible asset with an indefinite life exceeds its fair value. Derivative Instruments Interest Rate Lock Commitments and Hedges The Company enters into commitments to originate mortgage loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). Rate lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. The period of time between issuance of a loan commitment and closing and sale of the loan generally ranges from 30 days to 120 days. The Company protects itself from changes in interest rates through the use of best efforts forward delivery commitments, whereby the Company commits to sell a loan at the time the borrower commits to an interest rate with the intent that the buyer has assumed interest rate risk on the loan. The correlation between the rate lock commitments and hedges is very high due to their similarity. As a result of these strategies, the Company limits the exposure of losses with these arrangements and will not realize significant gains related to its rate lock commitments due to changes in interest rates. For loans not originated on a best effort basis, the Company also uses mortgage-backed security hedges and pair-offs to mitigate interest rate risk by entering into securities and mortgage-backed securities trades with brokers. The fair value of rate lock commitments and hedges is not readily ascertainable with precision because rate lock commitments and hedges are not actively traded in stand-alone-markets. The Company determines the fair value of rate lock commitments and hedges by measuring the change in the value of the underlying asset while taking into consideration the probability that the rate lock commitments will close. Fair value changes are recorded in noninterest income in the Company’s consolidated statement of income. At December 31, 2020 and 2019, the balance of interest rate lock commitments was $0 and $1.7 million, respectively. There were no forward sales commitments as of December 31, 2020 and 2019. Interest Rate Swaps Beginning in 2015, the Company entered into interest rate swap agreements to facilitate the risk management strategies of a small number of commercial banking clients. The Company mitigates this risk by entering into equal and offsetting interest rate swap agreements with highly rated third-party financial institutions. The interest rate swap agreements are free-standing derivatives and are recorded at fair value on the Company’s consolidated balance sheet. Fair value changes are recorded in noninterest income in the Company’s consolidated net income statement. At December 31, 2020 and 2019, the fair value of interest rate swap agreements was $13.8 million and $5.7 million, respectively. Fair Value Hedge The Company entered into an interest rate swap designated as a fair value hedge to mitigate the effect of changing interest rates on the fair values of certain designated fixed-rate loans and available for sale securities. This involves the receipt of variable amounts from a counterparty in exchange for the Company making fixed payments over the life of the agreements without the exchange of the underlying notional amount. The gain or loss on the derivative as well as the offsetting gain or loss on the hedged item attributable to the hedged risk are recognized in earnings. The Company entered into a pay-fixed/receive-variable interest rate swap in January 2019 with a notional amount of $23.0 million and $30.0 million at December 31, 2020 and 2019, respectively, which was designated as a fair value hedge associated with the Company’s fixed-rate loan program and certain available for sale securities. At December 31, 2020 and 2019, the fair value of interest rate swap hedge was $0.1 million and $0.4 million, respectively. Mortgage Servicing Rights Mortgage servicing rights (“MSRs”) are recorded when the Bank sells mortgage loans and retains the servicing on those loans. On a monthly basis, MVB tracks the amount of mortgage loans that are sold with servicing retained. A valuation is done to determine the MSRs value, which is then recorded as an asset and amortized over the period of estimated net servicing revenues. The balance of MSRs is evaluated for impairment quarterly, and was determined not to be impaired at December 31, 2020 or 2019. Servicing loans for others generally consists of collecting mortgage payments from borrowers, maintaining escrow accounts, remitting payments to third party investors and, when necessary, foreclosure processing. Serviced loans are not included in the Consolidated Balance Sheets. At December 31, 2020 and 2019, the value of MSRs was $2.9 million and $0.3 million, respectively. Foreclosed Assets Held for Resale Foreclosed assets held for resale acquired in satisfaction of mortgage obligations and in foreclosure proceedings are recorded at fair value less estimated selling costs at the time of foreclosure, establishing a new cost basis, with any valuation adjustments charged to the allowance for loan losses. In subsequent periods, foreclosed assets are recorded at the lower of cost or fair value less any costs to sell. Costs relating to improvement of the property are capitalized, while holding costs of the property are charged to other loan origination and maintenance expense in the period incurred. Subsequent declines in fair value and gains or losses on sale are recorded in other noninterest expense. At December 31, 2020 and 2019, the Company held other real estate of $5.7 million and $1.4 million, respectively. These amounts include the foreclosed assets that were acquired from our acquisition of First State. Fair Value Measurements Accounting standards require that the Company adopt fair value measurement for financial assets and financial liabilities. This enhanced guidance for using fair value to measure assets and liabilities applies whenever other standards require or permit assets or liabilities to be measured at fair value. This guidance does not expand the use of fair value in any new circumstances. The following summarizes the methods and significant assumptions used by the Company in estimating its fair value disclosures for financial instruments. Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities include items for which quoted prices are available, but traded less frequently, and items that are fair valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported da

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	Note 2 – Investment Securities Amortized cost and fair values of investment securities available-for-sale at December 31, 2020 are summarized as follows: (Dollars in thousands) Amortized Cost Unrealized Gain Unrealized Loss Fair Value United States government agency securities $ 56,207 $ 995 $ (210) $ 56,992 United States sponsored mortgage-backed securities 94,968 972 (171) 95,769 Municipal securities 223,642 8,327 (82) 231,887 Other debt securities 7,500 — — 7,500 Total debt securities 382,317 10,294 (463) 392,148 Other securities 18,401 146 (71) 18,476 Total investment securities available-for-sale $ 400,718 $ 10,440 $ (534) $ 410,624 Amortized cost and fair values of investment securities available-for-sale at December 31, 2019 are summarized as follows: (Dollars in thousands) Amortized Cost Unrealized Gain Unrealized Loss Fair Value United States government agency securities $ 52,046 $ 199 $ (249) $ 51,996 United States sponsored mortgage-backed securities 58,748 188 (624) 58,312 Municipal securities 108,750 4,399 (57) 113,092 Total debt securities 219,544 4,786 (930) 223,400 Other securities 12,247 181 (7) 12,421 Total investment securities available-for-sale $ 231,791 $ 4,967 $ (937) $ 235,821 The following table summarizes amortized cost and fair values of debt securities by maturity: December 31, 2020 Available for sale (Dollars in thousands) Amortized Cost Fair Value Within one year $ — $ — After one year, but within five years 9,254 9,629 After five years, but within ten years 36,097 36,863 After ten years 336,966 345,656 Total $ 382,317 $ 392,148 The table above reflects contractual maturities. Actual results will differ as the loans underlying the mortgage-backed securities may repay sooner than scheduled. Investment securities with a carrying value of $229.4 million and $68.0 million at December 31, 2020 and 2019, respectively, were pledged to secure public funds, repurchase agreements and potential borrowings at the Federal Reserve discount window. The Company’s investment portfolio includes securities that are in an unrealized loss position as of December 31, 2020, the details of which are included in the following table. Although these securities, if sold at December 31, 2020 would result in a pretax loss of $0.5 million, the Company has no intent to sell the applicable securities at such fair values, and maintains the Company has the ability to hold these securities until all principal has been recovered. It is more likely than not that the Company will not, for liquidity purposes, sell any securities at a loss. Declines in the fair values of these securities can be traced to general market conditions, which reflect the prospect for the economy as a whole. When determining other-than-temporary impairment on securities, the Company considers such factors as adverse conditions specifically related to a certain security or to specific conditions in an industry or geographic area, the time frame securities have been in an unrealized loss position, the Company’s ability to hold the security for a period of time sufficient to allow for anticipated recovery in value, whether or not the security has been downgraded by a rating agency and whether or not the financial condition of the security issuer has severely deteriorated. As of December 31, 2020, the Company considers all securities with unrealized loss positions to be temporarily impaired, and consequently, does not believe the Company will sustain material realized losses as a result of the current temporary decline in fair value. The following table discloses the length of time that investments have remained in an unrealized loss position at December 31, 2020: (Dollars in thousands) Less than 12 months 12 months or more Description and number of positions Fair Value Unrealized Loss Fair Value Unrealized Loss United States government agency securities (27) $ 19,021 $ (68) $ 12,574 $ (142) United States sponsored mortgage-backed securities (9) 15,331 (155) 3,349 (16) Municipal securities (14) 11,856 (82) — — Other securities (5) 3,947 (71) — — $ 50,155 $ (376) $ 15,923 $ (158) The following table discloses the length of time that investments have remained in an unrealized loss position at December 31, 2019: (Dollars in thousands) Less than 12 months 12 months or more Description and number of positions Fair Value Unrealized Loss Fair Value Unrealized Loss United States government agency securities (26) $ 8,160 $ (59) $ 15,399 $ (190) United States sponsored mortgage-backed securities (40) 16,660 (170) 27,498 (454) Municipal securities (13) 6,018 (40) 828 (17) Other securities (2) 1,093 (7) — — $ 31,931 $ (276) $ 43,725 $ (661) The following table summarizes the investment sales and related gains and losses in 2020, 2019 and 2018: (Dollars in thousands) 2020 2019 2018 Sales of available-for-sale investments $ 54,023 $ 31,220 $ 2,743 Gross gains 948 105 352 Gross losses 34 271 25 Sales of equity investments $ 4,622 $ 5,968 $ — Gross gains 3,501 — — Gross losses — 7 — The Company recognized unrealized holding gains on equity securities of $0.4 million, $13.8 million and $0.6 million in 2020, 2019 and 2018, respectively, and these were recorded in noninterest income. A majority of the 2019 unrealized holding gains on equity securities was the result of the Company recognizing a $13.5 million pre-tax gain after a valuation on its Fintech investment portfolio in the second quarter of 2019.

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Dec. 31, 2020
Receivables [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	Note 3 – Loans and Allowance for Loan Losses Prior to the ICM transaction, the Company routinely generated one to four family mortgages for sale into the secondary market. During 2020, 2019 and 2018, the Company recognized sales proceeds of $1.48 billion, $1.61 billion and $1.24 billion, resulting in mortgage fee income of $33.4 million, $41.0 million and $32.3 million, respectively. The components of loans in the Consolidated Balance Sheet at December 31, were as follows: (Dollars in thousands) 2020 2019 Commercial and non-residential real estate $ 1,141,114 $ 1,063,828 Residential 240,264 271,604 Home equity 30,828 35,106 Consumer 3,156 3,697 PCI loans: Commercial and non-residential real estate 21,008 — Residential 16,943 — Consumer 1,488 — Total loans 1,454,801 1,374,235 Deferred loan origination costs and (fees), net (1,057) 306 Loans receivable $ 1,453,744 $ 1,374,541 The following table summarizes the primary segments of the loan portfolio, excluding PCI loans, as of December 31, 2020 and 2019: (Dollars in thousands) Commercial Residential Home Equity Consumer Total December 31, 2020 Individually evaluated for impairment $ 13,334 $ 1,960 $ 95 $ 5 $ 15,394 Collectively evaluated for impairment 1,127,780 238,304 30,733 3,151 1,399,968 Total Loans $ 1,141,114 $ 240,264 $ 30,828 $ 3,156 $ 1,415,362 December 31, 2019 Individually evaluated for impairment $ 7,401 $ 1,953 $ 95 $ 34 $ 9,483 Collectively evaluated for impairment 1,056,427 269,651 35,011 3,663 1,364,752 Total Loans $ 1,063,828 $ 271,604 $ 35,106 $ 3,697 $ 1,374,235 The Company currently manages its loan portfolios and the respective exposure to credit losses (credit risk) by the following specific portfolio segments which are levels at which the Company develops and documents its systematic methodology to determine the allowance for credit losses attributable to each respective portfolio segment. These segments are as follows: Commercial business loans – Commercial loans are made to provide funds for equipment and general corporate needs, as well as to finance owner occupied real estate, and to finance future cash flows of Federal Government lease contracts. Repayment of these loans primarily uses the funds obtained from the operation of the borrower’s business. Commercial loans also include lines of credit that are utilized to finance a borrower’s short-term credit needs and/or to finance a percentage of eligible receivables and inventory. This segment includes both company originated and purchased participation loans. Credit risk arises from the successful operation of the business which may be affected by competition, rising interest rates, regulatory changes and adverse conditions in the local and regional economy. Commercial real estate loans – Commercial real estate loans consist of non-owner occupied properties, such as investment properties for retail, office and multifamily with a history of occupancy and cash flow. This segment includes both company originated and purchased participation loans. These loans carry the risk of adverse changes in the local economy and a tenant’s deteriorating credit strength, lease expirations in soft markets and sustained vacancies which can adversely impact cash flow. Commercial acquisition, development and construction loans – Commercial acquisition, development and construction loans are intended to finance the construction of commercial and residential properties, including the construction of single-family dwellings, and also includes loans for the acquisition and development of land. Construction loans represent a higher degree of risk than permanent real estate loans and may be affected by a variety of factors such as the borrower’s ability to control costs and adhere to time schedules and the risk that constructed units may not be absorbed by the market within the anticipated time frame or at the anticipated price. The loan commitment on these loans often includes an interest reserve that allows the lender to periodically advance loan funds to pay interest charges on the outstanding balance of the loan. Commercial SBA PPP loans –This segment includes the loan originated through the recently created SBA PPP loans. Credit risk is heightened as this SBA program mandates that these loans require no collateral and no guarantors of the loans. However, the loans are backed by a full guaranty of the SBA, so long as the loans were originated in accordance with the program guidelines. Additionally, these loans are eligible for full forgiveness by the SBA so long as the borrowers comply with the program guidelines as it pertains to their eligibility to borrow these funds, as well as their use of the funds. Residential mortgage loans – This residential real estate subsegment contains permanent and construction mortgage loans principally to consumers secured by residential real estate. Residential real estate loans are evaluated for the adequacy of repayment sources at the time of approval, based upon measures including credit scores, debt-to-income ratios, and collateral values. Credit risk arises from the borrower’s, and where applicable the builder's, continuing financial stability, which can be adversely impacted by job loss, divorce, illness, or personal bankruptcy, among other factors. Also impacting credit risk would be a shortfall in the value of the residential real estate in relation to the outstanding loan balance in the event of a default or subsequent liquidation of the real estate collateral. Home equity lines of credit – This segment includes subsegment for senior lien and subordinate lien lines of credit. Credit risk is similar to residential real estate loans described above as it is subject to the borrower’s continuing financial stability and the value of the collateral securing the loan. Consumer loans – This segment of loans includes primarily installment loans and personal lines of credit. Consumer loans include installment loans used by clients to purchase automobiles, boats and recreational vehicles. Credit risk is similar to residential real estate loans described above as it is subject to the borrower’s continuing financial stability and the value of the collateral securing the loan. The following table presents impaired loans by class, excluding PCI loans, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of December 31, 2020 and 2019: Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans (Dollars in thousands) Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance December 31, 2020 Commercial: Commercial business $ 3,431 $ 1,032 $ 5,653 $ 9,084 $ 10,440 Commercial real estate 772 264 944 1,716 1,864 Acquisition and development — — 2,534 2,534 3,939 Total commercial 4,203 1,296 9,131 13,334 16,243 Residential — — 1,960 1,960 2,232 Home equity — — 95 95 95 Consumer — — 5 5 5 Total impaired loans $ 4,203 $ 1,296 $ 11,191 $ 15,394 $ 18,575 December 31, 2019 Commercial: Commercial business $ 2,606 $ 249 $ 644 $ 3,250 $ 4,308 Commercial real estate 1,786 325 295 2,081 2,171 Acquisition and development — — 2,070 2,070 3,467 Total commercial 4,392 574 3,009 7,401 9,946 Residential — — 1,953 1,953 2,045 Home equity — — 95 95 100 Consumer — — 34 34 35 Total impaired loans $ 4,392 $ 574 $ 5,091 $ 9,483 $ 12,126 The following table presents the average recorded investment in impaired loans, excluding PCI loans, and related interest income recognized for the years ended: December 31, 2020 December 31, 2019 December 31, 2018 (Dollars in thousands) Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Commercial: Commercial business $ 6,066 $ — $ — $ 3,202 $ — $ — $ 4,052 $ 51 $ 106 Commercial real estate 3,057 97 104 3,220 162 140 6,416 159 94 Acquisition and development 1,207 67 73 2,151 123 131 1,367 106 8 Total commercial 10,330 164 177 8,573 285 271 11,835 316 208 Residential 2,541 19 19 2,719 16 16 2,569 20 14 Home equity 87 — — 154 2 2 100 2 1 Consumer 7 — — 45 — — 149 — — Total $ 12,965 $ 183 $ 196 $ 11,491 $ 303 $ 289 $ 14,653 $ 338 $ 223 As of December 31, 2020, there are five loans collateralized by residential real estate property in the process of foreclosure. The total recorded investment in these loans was $0.2 million as of December 31, 2020. These loans are included in the table above and have no specific allowance allocated to them. As of December 31, 2020, the loans acquired through the acquisition of First State held 32 foreclosed residential real estate properties, representing $2.6 million, or 56.6%, of the total balance of other real estate owned. These properties are held as a result of the foreclosures of various commercial loans to different borrowers. There are eleven additional loans collateralized by residential real estate property in the process of foreclosure. The total recorded investment in these loans was $1.1 million as of December 31, 2020. These loans are included in the table above and have no specific allowance allocated to them. As of December 31, 2019, the Bank held eleven foreclosed residential real estate properties representing $0.6 million, or 40.9%, of the total balance of other real estate owned. These properties are held as a result of the foreclosures of primarily two commercial loan relationships, one of which included two properties for a total of $0.3 million, while the other included seven properties for a total of $0.2 million. The three remaining properties, totaling $0.1 million, were the result of the foreclosure of two unrelated borrowers. There are seven additional consumer mortgage loans collateralized by residential real estate property in the process of foreclosure. The total recorded investment in these loans was $0.6 million as of December 31, 2019. These loans are included in the table above and have no specific allowance allocated to them. Bank management uses a nine point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first six categories are considered not criticized and are aggregated as “Pass” rated. The criticized rating categories utilized by management generally follow bank regulatory definitions. Loans categorized as “Pass” rated have adequate sources of repayment, with little identifiable risk of collection and general conformity to the Bank's policy requirements, product guidelines and underwriting standards. Any exceptions that are identified during the underwriting and approval process have been adequately mitigated by other factors. Loans categorized as “Special Mention” rated have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the institution’s credit position at some future date. Special mention assets are not adversely classified and do not expose the institution to sufficient risk to warrant adverse classification. Loans categorized as “Substandard” rated are inadequately protected by the current sound worth and paying capacity of the borrower or of the collateral pledged, if any. Loans so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt and are characterized by the distinct possibility that bank will sustain some loss if the deficiencies are not corrected. Loans categorized as “Doubtful” rated have all the weakness inherent in those classified substandard with the added characteristic that the weakness make collections or liquidation in full, on the basis of currently known facts, conditions and values, highly questionable and improbable. However, these loans are not yet rated as loss because certain events may occur which would salvage the debt. The Special Mention category includes assets that are currently protected but are potentially weak, resulting in an undue and unwarranted credit risk, but not to the point of justifying a Substandard classification. Loans in the Substandard category have well-defined weaknesses that jeopardize the liquidation of the debt and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. Any portion of a loan that has been or is expected to be charged off is placed in the Loss category. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Bank has a structured loan rating process with several layers of internal and external oversight. Generally, consumer and residential mortgage loans are included in the Pass categories unless a specific action, such as past due status, bankruptcy, repossession or death occurs to raise awareness of a possible credit event. The Bank’s Chief Credit Officer is responsible for the timely and accurate risk rating of the loans in the portfolio at origination and on an ongoing basis. The Credit Department ensures that a review of all commercial relationships of $1.0 million or greater is performed annually. Review of the appropriate risk grade is included in both the internal and external loan review process, and on an ongoing basis. The Bank has an experienced Credit Department that continually reviews and assesses loans within the portfolio. The Bank engages an external consultant to conduct independent loan reviews on at least an annual basis. Generally, the external consultant reviews larger commercial relationships or criticized relationships. The Credit Department compiles detailed reviews, including plans for resolution, on loans classified as Substandard on a quarterly basis. Loans in the Special Mention and Substandard categories that are collectively evaluated for impairment are given separate consideration in the determination of the allowance. The following table represents the classes of the loan portfolio, excluding PCI loans, summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of December 31, 2020 and 2019: (Dollars in thousands) Pass Special Mention Substandard Doubtful Total December 31, 2020 Commercial: Commercial business $ 496,222 $ 9,529 $ 17,045 $ 1,095 $ 523,891 Commercial real estate 356,544 32,044 34,001 533 423,122 Acquisition and development 80,771 25,001 4,184 2,170 112,126 SBA PPP 81,975 — — — 81,975 Total commercial 1,015,512 66,574 55,230 3,798 1,141,114 Residential 236,250 948 2,896 170 240,264 Home equity 30,277 381 144 26 30,828 Consumer 3,124 32 — — 3,156 Total Loans $ 1,285,163 $ 67,935 $ 58,270 $ 3,994 $ 1,415,362 December 31, 2019 Commercial: Commercial business $ 511,590 $ 17,398 $ 11,894 $ — $ 540,882 Commercial real estate 406,712 3,564 1,494 — 411,770 Acquisition and development 106,428 1,869 2,879 — 111,176 Total commercial 1,024,730 22,831 16,267 — 1,063,828 Residential 267,367 1,946 2,177 114 271,604 Home equity 34,641 383 82 — 35,106 Consumer 3,613 56 28 — 3,697 Total Loans $ 1,330,351 $ 25,216 $ 18,554 $ 114 $ 1,374,235 Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. A loan that has deteriorated and requires additional collection efforts by the Bank could warrant non-accrual status. A thorough review is presented to the Chief Credit Officer and/or the SARC, as required with respect to any loan which is in a collection process and to make a determination as to whether the loan should be placed on non-accrual status. The placement of loans on non-accrual status is subject to applicable regulatory restrictions and guidelines. Generally, loans should be placed in non-accrual status when the loan reaches 90 days past due, when it becomes likely the borrower cannot or will not make scheduled principal or interest payments, when full repayment of principal and interest is not expected or when the loan displays potential loss characteristics. Normally, all accrued interest is charged off when a loan is placed in non-accrual status, unless the Company believes it is likely the accrued interest will be collected. Any payments subsequently received are applied to principal. To remove a loan from non-accrual status, all principal and interest due must be paid up to date and the Bank is reasonably sure of future satisfactory payment performance. Usually, this requires t he receipt of six . Removal of a loan from non-accrual status will require the approval of the Chief Credit Officer and/or SARC. The following table presents the classes of the loan portfolio, excluding PCI loans, summarized by aging categories of performing loans and nonaccrual loans as of December 31, 2020 and 2019: (Dollars in thousands) Current 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Total Loans Non-Accrual 90+ Days Still Accruing December 31, 2020 Commercial: Commercial business $ 521,799 $ 1,040 $ 33 $ 1,019 $ 2,092 $ 523,891 $ 8,601 $ — Commercial real estate 422,343 34 212 533 779 423,122 944 — Acquisition and development 109,686 — — 2,440 2,440 112,126 2,534 — SBA PPP 81,975 — — — — 81,975 — — Total commercial 1,135,803 1,074 245 3,992 5,311 1,141,114 12,079 — Residential 235,420 2,058 1,969 817 4,844 240,264 1,534 — Home equity 30,369 289 75 95 459 30,828 95 — Consumer 3,156 — — — — 3,156 5 — Total Loans $ 1,404,748 $ 3,421 $ 2,289 $ 4,904 $ 10,614 $ 1,415,362 $ 13,713 $ — December 31, 2019 Commercial: Commercial business $ 537,602 $ 3,189 $ 47 $ 44 $ 3,280 $ 540,882 $ 2,848 $ — Commercial real estate 411,070 522 178 — 700 411,770 295 — Acquisition and development 110,717 180 — 279 459 111,176 390 — Total commercial 1,059,389 3,891 225 323 4,439 1,063,828 3,533 — Residential 267,515 3,003 549 537 4,089 271,604 1,461 — Home equity 34,382 545 84 95 724 35,106 95 — Consumer 3,610 1 58 28 87 3,697 34 — Total Loans $ 1,364,896 $ 7,440 $ 916 $ 983 $ 9,339 $ 1,374,235 $ 5,123 $ — The ALL is maintained to absorb losses from the loan portfolio and is based on management’s continuing evaluation of the risk characteristics and credit quality of the loan portfolio, assessment of current economic conditions, diversification and size of the portfolio, adequacy of collateral, past and anticipated loss experience and the amount of non-performing loans. Interest income on loans would have increased by approximately $0.6 million, $0.6 million and $0.8 million for 2020, 2019 and 2018, respectively, if loans had performed in accordance with their terms. The Bank’s methodology for determining the ALL is based on the requirements of ASC Section 310 for loans individually evaluated for impairment (discussed above) and ASC Subtopic 450-20 for loans collectively evaluated for impairment, as well as the Interagency Policy Statements on the Allowance for Loan and Lease Losses and other bank regulatory guidance. The total of the two components represents the Bank’s ALL. The Bank analyzes certain impaired loans in homogeneous pools, rather than on an individual basis, when those loans are below specific thresholds based on outstanding principal balance. More specifically, residential mortgage loans, home equity lines of credit and consumer loans, when considered impaired, are evaluated collectively for impairment by applying allocation rates derived from the Bank’s historical losses specific to impaired loans and the reserve totaled $0.1 million and $0.1 million, and $0.2 million as of December 31, 2020, 2019 and 2018, respectively. Loans that are collectively evaluated for impairment are analyzed with general allowances being made as appropriate. For general allowances, historical loss trends are used in the estimation of losses in the current portfolio. These historical loss amounts are modified by qualified factors. The segments described above, which are based on the Federal call code assigned to each loan, provide the starting point for the ALL analysis. Company and Bank management track the historical net charge-off activity at the call code level. A historical charge-off factor is calculated utilizing a defined number of consecutive historical quarters. All pools currently utilize a rolling 12 quarters. “Pass” rated credits are segregated from “Criticized” credits for the application of qualitative factors. Loans in the criticized pools, which possess certain qualities or characteristics that may lead to collection and loss issues, are closely monitored by management and subject to additional qualitative factors. Company and Bank management have identified a number of additional qualitative factors which it uses to supplement the historical charge-off factor as these factors are likely to cause estimated credit losses associated with the existing loan pools to differ from historical loss experience. The additional factors that are evaluated quarterly and updated using information obtained from internal, regulatory and governmental sources are: lending policies and procedures, nature and volume of the portfolio, experience and ability of lending management and staff, volume and severity of problem credits, conclusion of loan reviews, audits and exams, changes in the value of underlying collateral, effect of concentrations of credit from a loan type, industry and/or geographic standpoint, changes in economic and business conditions, consumer sentiment and other external factors. The combination of historical charge-off and qualitative factors are then weighted for each risk grade. These weightings are determined internally based upon the likelihood of loss as a loan risk grading deteriorates. To estimate the liability for off-balance sheet credit exposures, Bank management analyzed the portfolios of letters of credit, non-revolving lines of credit and revolving lines of credit and based its calculation on the expectation of future advances of each loan category. Letters of credit were determined to be highly unlikely to advance since they are generally in place only to ensure various forms of performance of the borrowers. In the Bank’s history, there have been no letters of credit drawn upon. In addition, many of the letters of credit are cash secured and do not warrant an allocation. Non-revolving lines of credit were determined to be highly likely to advance as these are typically construction lines. Meanwhile, the likelihood of revolving lines of credit advancing varies with each individual borrower. Therefore, the future usage of each line was estimated based on the average line utilization of the revolving line of credit portfolio as a whole. Once the estimated future advances were calculated, an allocation rate, which was derived from the Bank’s historical losses and qualitative environmental factors, was applied in the similar manner as those used for the allowance for loan loss calculation. The resulting estimated loss allocations were totaled to determine the liability for unfunded commitments related to these loans, which Management considers necessary to anticipate potential losses on those commitments that have a reasonable probability of funding. The liability for unfunded commitments was $0.6 million and $0.3 million as of December 31, 2020 and 2019, respectively. Bank management reviews the loan portfolio on a quarterly basis using a defined, consistently applied process in order to make appropriate and timely adjustments to the ALL. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged off against the ALL. The following tables summarize the activity of primary segments of the ALL, excluding the ALL related to PCI loans, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment for the years ending December 31, 2020, 2019 and 2018: (Dollars in thousands) Commercial Residential Home Equity Consumer Total ALL balance at December 31, 2019 $ 10,098 $ 1,272 $ 327 $ 78 $ 11,775 Charge-offs (1,932) (224) (23) — (2,179) Recoveries 22 — 9 3 34 Provision 15,845 684 (15) (30) 16,484 Allowance contributed with mortgage combination transaction — (354) — — (354) ALL balance at December 31, 2020 $ 24,033 $ 1,378 $ 298 $ 51 $ 25,760 Individually evaluated for impairment $ 1,296 $ — $ — $ — $ 1,296 Collectively evaluated for impairment $ 22,737 $ 1,378 $ 298 $ 51 $ 24,464 (Dollars in thousands) Commercial Residential Home Equity Consumer Total ALL balance at December 31, 2018 $ 8,605 $ 1,405 $ 684 $ 245 $ 10,939 Charge-offs (998) — — (10) (1,008) Recoveries 1 1 4 49 55 Provision 2,490 (134) (361) (206) 1,789 ALL balance at December 31, 2019 $ 10,098 $ 1,272 $ 327 $ 78 $ 11,775 Individually evaluated for impairment $ 574 $ — $ — $ — $ 574 Collectively evaluated for impairment $ 9,524 $ 1,272 $ 327 $ 78 $ 11,201 (Dollars in thousands) Commercial Residential Home Equity Consumer Total ALL balance at December 31, 2017 $ 7,804 $ 1,119 $ 705 $ 250 $ 9,878 Charge-offs (1,024) (166) — (290) (1,480) Recoveries 15 22 59 5 101 Provision 1,810 430 (80) 280 2,440 ALL balance at December 31, 2018 $ 8,605 $ 1,405 $ 684 $ 245 $ 10,939 Individually evaluated for impairment $ 1,043 $ — $ — $ — $ 1,043 Collectively evaluated for impairment $ 7,562 $ 1,405 $ 684 $ 245 $ 9,896 The allowance for loan losses is based on estimates, and actual losses will vary from current estimates. Management believes that the granularity of the homogeneous pools and the related historical loss ratios and other qualitative factors, as well as the consistency in the application of assumptions, result in an ALL that is representative of the risk found in the components of the portfolio at any given date. Troubled Debt Restructurings At December 31, 2020 and 2019, the Bank had specific reserve allocations for TDRs of $0.6 million and $0.5 million, respectively. Loans considered to be troubled debt restructured loans totaled $10.2 million and $7.7 million as of December 31, 2020 and December 31, 2019, respectively. Of these totals, $1.6 million and $4.4 million, respectively, represent accruing troubled debt restructured loans and represent 12% and 46%, respectively, of total impaired loans. Meanwhile, as of December 31, 2020, $8.0 million represents seven loans to three borrowers that have defaulted under the restructured terms. The largest of these loans, at $2.2 million, is a restructured commercial loan to a company previously dependent on the coal industry, which is now structured as an unsecured loan. Three of these loans to an unrelated borrower, totaling $5.2 million, are restructured equipment loans to a borrower in the coal industry, which was provided extended interest-only terms to allow time for the collateral equipment to be sold. The last of these loans are commercial acquisition and development loans totaling $0.6 million that were considered TDRs due to extended interest only periods and/or unsatisfactory repayment structures once transitioned to principal and interest payments. These borrowers have experienced continued financial difficulty and are considered non-performing loans as of December 31, 2020. The unsecured loan and the three development loans were also considered non-performing loans as of December 31, 2019. During the year ended December 31, 2020, no restructured loans defaulted under their modified terms that were not already classified as non-performing for having previously defaulted under their modified terms. There were no commitments to advance funds to any TDRs as of December 31, 2020. The following table presents details related to loans identified as TDRs during the years ended December 31, 2020 and 2019. New TDRs 1 December 31, 2020 December 31, 2019 (Dollars in thousands) Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Commercial: Commercial business 6 $ 6,294 $ 5,326 2 $ 336 $ 333 Commercial real estate 2 159 150 — — — Acquisition and development — — — — — — Total commercial 8 6,453 5,476 2 336 333 Residential 1 87 86 3 246 323 Home equity — — — — — — Consumer — — — — — — Total 9 $ 6,540 $ 5,562 5 $ 582 $ 656 1 The pre-modification and post-modification balances represent the balances outstanding immediately before and after modification of the loan. Purchased Credit Impaired Loans As a result of the acquisition of First State, the Company has PCI loans. The Company did not hold any PCI loans as of December 31, 2019. See Note 24 – Acquisitions and Divestitures for further details of the acquisition of First State. The carrying amount of the PCI loan portfolio is as follows: (Dollars in thousands) As of December 31, 2020 Commercial $ 21,008 Residential 16,943 Consumer 1,488 Outstanding balance $ 39,439 Carrying amount, net of allowance $ 39,355 Accretable yield, or income expected to be collected, is as follows: (Dollars in thousands) As of December 31, 2020 Beginning balance $ — New loans purchased 11,746 Accretion of income (2,945) Reclassification from non-accretable difference (488) Ending balance $ 8,313 For the PCI loan portfolio disclosed above, the Company increased the allowance for loan losses by $0.1 million during 2020. PCI loans purchased during 2020, for which it was probable at acquisition that all contractually required payments would not be collected are as follows: (Dollars in thousands) Contractually required payments receivable of loans purchased during the period: Commercial $ 36,046 Residential 47,787 Consumer 2,990 Cash flows expected to be collected at acquisition $ 86,823 Fair value of loans acquired at acquisition $ 50,235 Income is not recognized on PCI loans if the Company cannot reasonably estimate cash flows expected to be collected and, as of December 31, 2020, the Company held no such loans. The following tables summarize the primary segments of the ALL, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of December 31, 2020 for the PCI loan portfolio: (Dollars in thousands) Residential Total ALL balance as of December 31, 2019 $ — $ — Charge-offs (11) (11) Provision 95 95 ALL balance at December 31, 2020 $ 84 $ 84 Collectively evaluated for impairment $ 84 84 As of December 31, 2020, the loans in the Company's PCI loan portfolio are all collectively evaluated for impairment and are segmented into three categories: commercial loans totaling $17.1 million, residential loans totaling $16.9 million and consumer loans totaling $1.3 million, for portfolio total of $35.4 million. The following table represents the classes of the PCI loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of December 31, 2020: (Dollars in thousands) Pass Special Mention Substandard Doubtful Total December 31, 2020 Commercial: Commercial Business $ 12,263 $ 136 $ 345 $ 4,860 $ 17,604 Commercial Real Estate 982 3 263 21 1,269 Acquisition & Development 1,900 — — 235 2,135 Total Commercial 15,145 139 608 5,116 21,008 Residential 15,157 — 1,665 121 16,943 Consumer 1,256 — — 232 1,488 Total Loans $ 31,558 $ 139 $ 2,273 $ 5,469 $ 39,439 The following table presents the classes of the PCI loan portfolio summarized by aging categories of performing loans and non-accrual loans as of December 31, 2020: (Dollars in thousands) Current 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Total Loans Non-Accrual December 31, 2020 Commercial: Commercial Business $ 16,264 $ 71 $ 65 $ 1,204 $ 1,340 $ 17,604 $ — Commercial Real Estate 1,157 — — 112 112 1,269 — Acquisition & Development 2,135 — — — — 2,135 — Total Commercial 19,556 71 65 1,316 1,452 21,008 — Residential 13,714 710 145 2,374 3,229 16,943 — Consumer 1,245 3 1 239 243 1,488 — Total Loans $ 34,515 $ 784 $ 211 $ 3,929 $ 4,924 $ 39,439 $ — None of the PCI loans are considered non-accrual as they are all currently accreting interest income under PCI accounting. As the Company's PCI loan portfolio is accounted for in pools with similar risk characteristics in accordance with

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
PREMISES AND EQUIPMENT	Note 4 – Premises and Equipment The following table presents the components of premises and equipment at December 31,: (Dollars in thousands) 2020 2019 Land $ 3,936 $ 3,105 Buildings and improvements 14,350 13,352 Furniture, fixtures and equipment 18,701 15,553 Construction in progress 326 1,019 Leasehold improvements 3,079 1,985 40,392 35,014 Accumulated depreciation (14,189) (13,040) Premises and equipment, net $ 26,203 $ 21,974 Depreciation expense totaled $3.0 million, $3.0 million and $2.8 million for 2020, 2019 and 2018, respectively. The Company leases certain premises, for the operation of banking offices and certain equipment under operating and finance leases. At December 31, 2020, the Company had lease liabilities totaling $18.4 million, of which $18.3 million was related to operating leases and $0.2 million was related to finance leases, and right-of-use assets totaling $17.7 million, of which $17.5 million was related to operating leases and $0.2 million was related to finance leases, related to these leases. Lease liabilities and right-of-use assets are reflected in other liabilities other assets The Company leases certain premises, for the operation of some banking offices and equipment under operating and finance leases.At December 31, 2019, the Company had lease liabilities totaling $14.8 million, of which $14.6 million was related to operating leases and $0.2 million was related to finance leases, and right-of-use assets totaling $13.5 million, of which $13.2 million was related to operating leases and $0.3 million was related to finance leases, related to these leases. For the year ended December 31, 2019, the weighted-average remaining lease term for finance leases was 2.7 years and the weighted-average discount rate used in the measurement of finance lease liabilities was 2.8%. For the year ended December 31, 2019, the weighted-average remaining lease term for operating leases was 11.8 years and the weighted-average discount rate used in the measurement of operating lease liabilities was 3.5%. Lease costs were as follows: (Dollars in thousands) December 31, 2020 December 31, 2019 Amortization of right-of-use assets, finance leases $ 65 $ 77 Interest on lease liabilities, finance leases 4 6 Operating lease cost 2,072 2,120 Short-term lease cost 27 72 Variable lease cost 38 38 Total lease cost $ 2,206 $ 2,313 Rent expense for the year ended December 31, 2018, prior to the adoption of ASU 2016-02, was $2.0 million. There were no sale and leaseback transactions, leveraged leases or lease transactions with related parties during the year ended December 31, 2020. Future minimum payments for finance leases and operating leases with initial or remaining terms of one year or more are as follows: December 31, 2020 (Dollars in thousands) Finance Leases Operating Leases 2021 $ 68 $ 1,779 2022 59 1,623 2023 41 1,825 2024 5 1,779 2025 5 1,709 2026 and thereafter 4 14,280 Total future minimum lease payments $ 182 $ 22,995 Less: Amounts representing interest (6) (4,723) Present value of net future minimum lease payments $ 176 $ 18,272

EQUITY METHOD INVESTMENT

EQUITY METHOD INVESTMENT	12 Months Ended
	Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]
EQUITY METHOD INVESTMENT	Note 5 – Equity Method Investment In the third quarter of 2020, the Company acquired a portion of ICM and recognizes its ownership as an equity method investment initially recorded at fair value. In accordance with Rule 8-03(b)(3) of Regulation S-X, the Company must assess whether its equity method investment is a significant equity method investment. In evaluating the significance of this investment, the Company performed the income, asset, and investment tests described in S-X 3-05 and S-X 1-02(w). Rule 8-03(b)(3) of Regulation S-X requires summarized financial information in a quarterly report if any of the three tests exceeds 20%. Under the income test, the Company’s proportionate share of its equity method investee's aggregated net income exceeded the applicable threshold of 20%, and accordingly it is required to provide summarized income statement information for this investee for all periods presented. The Company's share of net income from its equity method investment totaled $24.2 million for the year ended December 31, 2020. The following table provides summarized income statement information for the Company's equity method investment. As ICM did not exist prior to July 1, 2020, no historical financial information is presented. Twelve Months Ended December 31, (Dollars in thousands) 2020 Total revenues $ 120,323 Gross profit 59,659 Net income 59,761 Gain on sale of loans 100,402 Volume of loans sold 2,948,724 As of December 31, 2020, the locked mortgage pipeline was $1.54 billion. For more information, please see Note 24 – Acquisitions and Divestitures.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2020
Deposits [Abstract]
DEPOSITS	Note 6 – Deposits Deposits at December 31, were as follows: (Dollars in thousands) 2020 2019 Demand deposits of individuals, partnerships and corporations Noninterest-bearing demand $ 715,791 $ 278,547 Interest-bearing demand 496,502 351,435 Savings and money markets 545,501 363,026 Time deposits, including CDs and IRAs 224,595 272,034 Total deposits $ 1,982,389 $ 1,265,042 Time deposits that meet or exceed the FDIC insurance limit $ 16,955 $ 8,955 Maturities of time deposits at December 31, 2020 were as follows (dollars in thousands): 2021 $ 126,863 2022 62,833 2023 20,864 2024 12,705 2025 1,330 Total $ 224,595

BORROWED FUNDS

BORROWED FUNDS	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
BORROWED FUNDS	Note 7 – Borrowed Funds The Bank is a member of the FHLB of Pittsburgh, Pennsylvania. At December 31, 2019 the Bank had borrowed $222.9 million. No amounts were outstanding as of December 31, 2020. As of December 31, 2020, the Bank's maximum borrowing capacity with the FHLB was $452.2 million and the remaining borrowing capacity was $440.9 million, with the difference being deposit letters of credit. Short-term borrowings Along with traditional deposits, the Bank has access to short-term borrowings from FHLB to fund its operations and investments. Information related to short-term borrowings is summarized as follows: (Dollars in thousands) 2020 2019 Balance at end of year $ — $ 192,063 Average balance during the year 68,407 187,226 Maximum month-end balance 154,248 240,811 Weighted-average rate during the year 0.58 % 2.24 % Weighted-average rate at December 31 — % 1.81 % Long-term borrowings As of December 31, 2020, the Bank had no long-term borrowings with the FHLB. As of December 31, 2019, the Bank had long-term borrowings totaling $30.8 million. Of this total, $30.0 million was fixed interest rate notes, originated in November 2019, due between November 2022 and November 2024, with interest of between 1.7% and 1.8% payable monthly and $0.8 million was fixed interest rate notes, originated between October 2006 and April 2007, due between October 2021 and April 2022, with interest of between 5.18% and 5.20% payable monthly. Repurchase agreements Along with traditional deposits, the Bank has access to securities sold under agreements to repurchase. Repurchase agreements with customers represent funds deposited by customers, on an overnight basis, that are collateralized by investment securities owned by the Company. Repurchase agreements with customers are presented as an individual line item on the consolidated balance sheets. All repurchase agreements are subject to terms and conditions of repurchase/security agreements between the Company and the client and are accounted for as secured borrowings. The Company’s repurchase agreements reflected in liabilities consist of customer accounts and securities which are pledged on an individual security basis. The Company monitors the fair value of the underlying securities on a monthly basis. Repurchase agreements are reflected at the amount of cash received in connection with the transaction and included in securities sold under agreements to repurchase on the consolidated balance sheets. The primary risk with the Company's repurchase agreements is market risk associated with the investments securing the transactions, as it may be required to provide additional collateral based on fair value changes of the underlying investments. Securities pledged as collateral under repurchase agreements are maintained with safekeeping agents. All of the Company’s repurchase agreements were overnight agreements at December 31, 2020 and December 31, 2019. These borrowings were collateralized with investment securities with a carrying value of $10.7 million and $10.5 million at December 31, 2020 and December 31, 2019, respectively, and were comprised of United States Government Agencies and Mortgage backed securities. Declines in the value of the collateral would require the Company to increase the amounts of securities pledged. Information related to repurchase agreements is summarized as follows: (Dollars in thousands) 2020 2019 Balance at end of year $ 10,266 $ 10,172 Average balance during the year 9,856 11,252 Maximum month-end balance 10,505 14,655 Weighted-average rate during the year 0.23 % 0.43 % Weighted-average rate at December 31 0.14 % 0.44 % Subordinated Debt Information related to subordinated debt is summarized as follows: (Dollars in thousands) 2020 2019 Balance at end of year $ 43,407 $ 4,124 Average balance during the year 7,568 12,125 Maximum month-end balance 43,524 17,524 Weighted-average rate during the year 3.45 % 6.35 % Weighted-average rate at December 31 4.02 % 3.51 % In November 2020, the Company completed the private placement of $40 million fixed-to-floating rate subordinated notes to certain qualified institutional investors. These notes are unsecured and have a ten-year term, maturing December 1, 2030, and will bear interest at a fixed rate of 4.25%, payable semi-annually in arrears, for the first five years of the term. Thereafter, the interest rate will reset quarterly to an interest rate per annum equal to a benchmark rate, which is expected to be Three-Month Term SOFR, plus 401 basis points, payable quarterly in arrears. These notes have been structured to qualify as Tier 2 capital for regulatory capital purposes. In March 2007, the Company completed the private placement of $4 million Floating Rate, Trust Preferred Securities through its MVB Financial Statutory Trust I subsidiary (the “Trust”). The Company established the Trust for the sole purpose of issuing the Trust Preferred Securities pursuant to an Amended and Restated Declaration of Trust. The Trust Preferred Securities and the Debentures mature in 2037 and have been redeemable by the Company since 2012. Interest payments are due in March, June, September and December and are adjusted at the interest due dates at a rate of 1.62% over the three-month LIBOR Rate. The obligations of the Company with respect to the issuance of the trust preferred securities constitute a full and unconditional guarantee by the Company of the Trust’s obligations with respect to the trust preferred securities to the extent set forth in the related guarantees. The securities issued by the Trust are includable for regulatory purposes as a component of the Company’s Tier 1 capital. In June 2014, the Company issued its Convertible Subordinated Promissory Notes to various investors in the aggregate principal amount of $29.4 million. The notes were issued in $0.1 million increments per note, subject to a minimum investment of $1 million. The Notes were to expire 10 years after the initial issuance date of the Notes. In July 2019, the Federal Reserve Board provided the Company with its approval for the Company to redeem all of the outstanding Notes. On or about August 1, 2019, the Company provided notice to the holders of the outstanding notes that it would redeem the outstanding notes on September 30, 2019. In 2019, $1.0 million of subordinated debt was converted into common stock, which resulted in the issuance of 62,500 new shares and $12.4 million of subordinated debt was redeemed. These transactions provided an annual interest expense savings of $1.0 million. In 2018, $16.0 million of subordinated debt was converted into common stock, which resulted in the issuance of 1,000,000 new shares and providing an annual interest expense savings of $1.1 million.

COMMITMENTS AND CONTINGENT LIAB

COMMITMENTS AND CONTINGENT LIABILITIES	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENT LIABILITIES	Note 8 – Commitments and Contingent Liabilities Commitments The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the statements of financial condition. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s credit worthiness on a case-by-case basis. The amount and type of collateral obtained, if deemed necessary by the Company upon extension of credit, varies and 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. Standby letters of credit generally have fixed expiration dates or other termination clauses and may require payment of a fee. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. The Company’s policy for obtaining collateral, and the nature of such collateral, is essentially the same as that involved in making commitments to extend credit. Specifically, the Bank has entered into agreements to extend credit or provide conditional payments pursuant to standby and commercial letters of credit. In addition, the Bank utilizes letters of credit issued by the FHLB to collateralize certain public funds deposits. Total contractual amounts of the commitments as of December 31, were as follows: (Dollars in thousands) 2020 2019 Available on lines of credit $ 393,814 $ 385,871 Stand-by letters of credit 19,806 18,145 Other loan commitments 22,418 24,821 $ 436,038 $ 428,837 Concentration of Credit Risk The Company grants a majority of its commercial, financial, agricultural, real estate and installment loans to customers throughout the North Central West Virginia Northern Virginia markets. Collateral for loans is primarily residential and commercial real estate, personal property and business equipment. The Company evaluates the credit worthiness of each of its customers on a case-by-case basis and the amount of collateral it obtains is based upon management’s credit evaluation. Regulatory The Company is required to maintain certain reserve balances on hand in accordance with the Federal Reserve Board requirements. In accordance with these requirements, the Company implemented a deposit reclassification program that allowed the Company to maintain no such reserve balances as of December 31, 2020 and 2019. Contingent Liabilities The subsidiary Bank is involved in various legal actions arising in the ordinary course of business. In the opinion of management and counsel, the outcome of these matters will not have a significant adverse effect on the consolidated financial statements.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	Note 9 – Income Taxes The provisions for income taxes for the years ended December 31, were as follows: (Dollars in thousands) 2020 2019 2018 Current: Federal $ 10,899 $ 10,450 $ 2,203 State 2,019 2,101 1,031 $ 12,918 $ 12,551 $ 3,234 Deferred: Federal $ (3,183) $ (3,716) $ 117 State (203) (237) 22 (3,386) (3,953) 139 Income tax expense $ 9,532 $ 8,598 $ 3,373 Following is a reconciliation of income taxes at federal statutory rates to recorded income taxes for the year ended December 31: 2020 2019 2018 (Dollars in thousands) Amount % Amount % Amount % Income tax at federal statutory rate $ 9,858 21.0 % $ 7,353 21.0 % $ 3,229 21.0 % Tax effect of: State income taxes, net of federal income taxes 1,435 3.1 % 2,101 6.0 % 738 4.8 % Tax exempt earnings (1,381) (3.0) % (856) (2.8) % (594) (3.9) % Other (380) (0.8) % — — % — — % $ 9,532 20.3 % $ 8,598 24.2 % $ 3,373 21.9 % Deferred income tax assets and liabilities were comprised of the following at December 31: (Dollars in thousands) 2020 2019 Gross deferred tax assets: Allowance for loan losses $ 7,141 $ 3,310 Minimum pension liability 1,544 1,589 SERP/RSU 1,039 652 Other 1,209 10 Total gross deferred tax assets 10,933 5,561 Gross deferred tax liabilities: Depreciation (1,733) (1,505) Pension (262) (164) Unrealized gain on securities available-for-sale (2,320) (1,088) Holding gain on equity securities (3,893) (3,838) Goodwill (2,498) (2,134) Total gross deferred tax liabilities (10,706) (8,729) Net deferred tax assets (liabilities) $ 227 $ (3,168) Deferred income tax assets and deferred income tax liabilities were included in other assets and other liabilities, respectively. The Company has invested, as a limited partner, in three Section 42 affordable housing investment funds. In exchange for these investments, the Company receives its pro rata share of income, expense, gains and losses, including tax credits, that are received by the projects. As of December 31, 2020 and December 31, 2019, the Company recognized, as an investment, $2.8 million and $3.0 million in the aggregate between the three affordable housing investment funds. In addition, the Company has recognized no gains or losses from the funds.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	Note 10 – Related Party Transactions The Company has granted loans to officers and directors of the Company and to their immediate family members as well as loans to related companies. These related party loans are made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with unrelated parties and do not involve more than normal risk of collectability. Set forth below is a summary of the related loan activity. (Dollars in thousands) Balance at Beginning of Year Borrowings Executive Officer and Director Retirements Repayments Balance at End of Year December 31, 2020 $ 12,284 $ 24,453 $ (8,187) $ (1,127) $ 27,423 December 31, 2019 $ 27,971 $ 13,897 $ — $ (29,584) $ 12,284 The Company held related party deposits of $73.8 million and $35.5 million at December 31, 2020 and December 31, 2019, respectively. The Company held no related party repurchase agreements at December 31, 2020 and December 31, 2019.

PENSION PLAN

PENSION PLAN	12 Months Ended
	Dec. 31, 2020
Retirement Benefits [Abstract]
PENSION PLAN	Note 11 – Pension Plan The Company participates in a trusteed pension plan known as the Allegheny Group Retirement Plan covering virtually all full-time employees. Benefits are based on years of service and the employee’s compensation. Accruals under this plan were frozen as of May 31, 2014. Freezing the plan resulted in a re-measurement of the pension obligations and plan assets as of the freeze date. The pension obligation was re-measured using the discount rate based on the Citigroup Above Median Pension Discount Curve in effect on May 31, 2014 of 4.46%. On June 19, 2017, the Company approved a Supplemental Executive Retirement Plan (“SERP”), pursuant to which the Chief Executive Officer of PMG is entitled to receive certain supplemental nonqualified retirement benefits. The SERP took effect on December 31, 2017. If the executive completes three years of continuous employment prior to retirement date (which shall be no earlier than the date he attains age 55) he will, upon retirement, be entitled to receive $1.8 million payable in 180 equal consecutive installments of $10 thousand. The liability is calculated by discounting the anticipated future cash flows at 4.0%. The liability accrued for this obligation was $1.2 million and $0.8 million as of December 31, 2020 and 2019, respectively. Service cost was $0.2 million and $0.4 million in 2020 and 2019, respectively. Pension expense was $0.3 million, $0.3 million and $0.3 million in 2020, 2019 and 2018, respectively. Information pertaining to the activity in the Company’s defined benefit plan, using the latest available actuarial valuations with a measurement date of December 31, 2020 and 2019 is as follows: (Dollars in thousands) 2020 2019 Change in benefit obligation Benefit obligation at beginning of year $ 11,435 $ 9,416 Interest cost 365 392 Actuarial loss (54) 99 Assumption changes 1,255 1,769 Benefits paid (286) (241) Benefit obligation at end of year $ 12,715 $ 11,435 Change in plan assets: Fair value of plan assets at beginning of year $ 6,165 $ 5,238 Actual return on plan assets 511 808 Employer contribution 706 360 Benefits paid (286) (241) Fair value of plan assets at end of year $ 7,096 $ 6,165 Funded status $ (5,619) $ (5,270) Unrecognized net actuarial loss 6,591 5,883 Prepaid pension cost recognized $ 972 $ 613 Accumulated benefit obligation $ 12,715 $ 11,435 At December 31, 2020, 2019 and 2018, the weighted-average assumptions used to determine the benefit obligation are as follows: 2020 2019 2018 Discount rate 2.50 % 3.24 % 4.23 % Rate of compensation increase N/A N/A N/A The components of net periodic pension cost are as follows: (Dollars in thousands) 2020 2019 2018 Interest cost $ 365 $ 392 $ 352 Expected return on plan assets (438) (407) (372) Amortization of net actuarial loss 420 271 306 Net periodic pension cost $ 347 $ 256 $ 286 For the years December 31, 2020, 2019 and 2018, the weighted-average assumptions used to determine net periodic pension cost are as follows: 2020 2019 2018 Discount rate 2.50 % 3.24 % 3.55 % Expected long-term rate of return on plan assets 6.75 % 6.75 % 6.75 % Rate of compensation increase N/A N/A N/A The Company’s pension plan asset allocations at December 31, 2020 and 2019 are as follows: 2020 2019 Plan Assets Cash 9 % 4 % Fixed income 20 % 23 % Alternative investments 19 % 15 % Domestic equities 27 % 33 % Foreign equities 24 % 24 % Real estate investment trusts 1 % 1 % Total 100 % 100 % The estimated net loss for the plan that is expected to be amortized from accumulated other comprehensive income into net periodic benefit cost over the next fiscal year is $0.5 million. The following table sets forth by level within the fair value hierarchy, as defined in Note 18 – Fair Value Measurements , the Pension Plan’s assets at fair value as of December 31, 2020. (Dollars in thousands) Level I Level II Level III Total Assets: Cash $ 639 $ — $ — $ 639 Fixed income 1,419 — — 1,419 Alternative investments — — 1,348 1,348 Domestic equities 1,916 — — 1,916 Foreign equities 1,703 — — 1,703 Real estate investment trusts — — 71 71 Total assets at fair value $ 5,677 $ — $ 1,419 $ 7,096 The following table sets forth by level, within the fair value hierarchy, as defined in Note 18 – Fair Value Measurements, the Pension Plan’s assets at fair value as of December 31, 2019. (Dollars in thousands) Level I Level II Level III Total Assets: Cash $ 247 $ — $ — $ 247 Fixed income 1,418 — — 1,418 Alternative investments — — 925 925 Domestic equities 2,034 — — 2,034 Foreign equities 1,480 — — 1,480 Real estate investment trusts — — 61 61 Total assets at fair value $ 5,179 $ — $ 986 $ 6,165 Investment in government securities and short-term investments are valued at the closing price reported on the active market on which the individual securities are traded. Alternative investments and investment in debt securities are valued at quoted prices which are available but traded less frequently, and items that are fair valued using other financial instruments, the parameters of which can be directly observed. The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while this plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. The following table includes the Company's best estimate of the plan contribution for next fiscal year and the benefits expected to be paid in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. (Dollars in thousands) Cash Flow Contributions for the period of January 1, 2021 through December 31, 2021 $ 199 Estimated future benefit payments reflecting expected future service 2021 $ 344 2022 $ 407 2023 $ 423 2024 $ 445 2025 $ 508 2026 through 2030 $ 2,652

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	Note 12 – Goodwill and Other Intangible Assets The table below summarizes the changes in carrying amounts of goodwill and other intangibles, including core deposit intangibles, for the periods presented: Intangibles (Dollars in thousands) Goodwill Gross Accumulated Depreciation Net Balance at January 1, 2020 $ 19,630 $ 4,226 $ (753) $ 3,473 Reduction of goodwill and intangibles from sale of branches to Summit (1,598) (845) 441 (404) Intangibles resulting from First State acquisition — 560 — 560 Reduction of goodwill from ICM transaction (16,882) — — — Goodwill resulting from Paladin acquisition 1,200 — — — Amortization expense — — (1,229) (1,229) Balance at December 31, 2020 $ 2,350 $ 3,941 $ (1,541) $ 2,400 Balance at January 1, 2019 $ 18,480 $ 1,006 $ (456) $ 550 Goodwill and intangibles resulting from Chartwell acquisition 1,150 3,220 — 3,220 Amortization expense — — (297) (297) Balance at December 31, 2019 $ 19,630 $ 4,226 $ (753) $ 3,473 Balance at January 1, 2018 $ 18,480 $ 1,006 $ (360) $ 646 Amortization expense — — (96) (96) Balance at December 31, 2018 $ 18,480 $ 1,006 $ (456) $ 550 Goodwill represents the excess of the purchase price over the fair value of acquired net assets under the acquisition method of accounting. Intangibles represent the core deposit intangibles from the acquisition of First State in 2020 and the intangibles resulting from the Chartwell and Paladin acquisitions. The value of the acquired core deposit relationships was determined using the present value of the difference between a market participant’s cost of obtaining alternative funds and the cost to maintain the acquired deposit base. The core deposit intangibles were being amortized over a ten-year period using an accelerated method. The intangibles resulting from the Chartwell acquisition are related to their customer relationships, backlog, a trademark and a non-competition agreement. These items are amortized over five years, 5.3 years, 15 years and four years, respectively. The table below presents estimated amortization expense for the Company’s other intangible assets (dollars in thousands): 2021 $ 616 2022 616 2023 507 2024 235 2025 47 Thereafter 379 $ 2,400 The Company’s assessment of qualitative factors determined that it is not more likely than not that the fair value of each reporting unit is less than its carrying amount and therefore, goodwill is not impaired as of December 31, 2020 and 2019. The Company has not identified any triggering events since the impairment evaluation that would indicate potential impairment. Intangibles, including core deposit intangibles are evaluated for impairment if events and circumstances indicate a potential for impairment. Such an evaluation of other intangible assets is based on undiscounted cash flow projections. No impairment charges were recorded for other intangible assets in any of the periods presented.

STOCK OFFERINGS

STOCK OFFERINGS	12 Months Ended
	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
STOCK OFFERINGS	Note 13 – Stock Offerings In August 2019, the Board of Directors of the Company announced the approval of a stock repurchase program, of which 49,100 shares were repurchased for $0.7 million at an average price of $14.52 per share, between March 2020 and July 2020. In August 2020, the Board of Directors of the Company announced the approval of an extension of the existing stock repurchase program. Under the extended program, the Company is authorized to repurchase up to $5.0 million of its outstanding shares of common stock over the next 12 months or until the aggregate share repurchases are completed, whichever date comes first, on the open market or in privately negotiated transactions. The stock repurchase program does not require the Company to repurchase any specified number of shares of its common stock, and it may be discontinued, suspended or restarted at any time at the Company's discretion. From August 2020 through November 2020, the Company purchased an additional 210,824 shares for $3.5 million at an average price of $15.93 per share. In December 2020, the Company repurchased 536,490 shares of its common stock at a price of $20.25 per share via a modified “Dutch auction” tender offer. Additionally, the Company’s Board of Directors authorized the repurchase from time to time, on or before December 31, 2021, of up to $31.9 million of shares of the Company’s common stock as part of the Company’s stock repurchase program, which repurchases may occur from time to time, on the open market or otherwise, at such prices and upon such terms as the Company may determine and otherwise in accordance with applicable law.

STOCK OPTIONS AND OTHER EQUITY

STOCK OPTIONS AND OTHER EQUITY AWARDS	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
STOCK OPTIONS AND OTHER EQUITY AWARDS	Note 14 – Stock Options and Other Equity Awards The MVB Financial Corp. Incentive Stock Plan (the “Plan”) provides for the issuance of stock options, restricted stock awards and RSUs to selected employees and directors. As of December 31, 2020, the Plan had 3.2 million shares authorized and 569,997 shares remaining available for issuance. To date, the Company has awarded both stock options and RSUs to selected employees and directors. Stock-Based Compensation Expense Stock-based compensation expense is recognized as salary and employee benefit cost the fair value of the instruments on the date of the grant. The amount that the Company recognized in stock-based compensation expense related to the issuance of stock options and RSUs is presented in the following table: (Dollars in thousands) 2020 2019 2018 Stock Options $ 950 $ 873 $ 936 RSUs 1,403 886 331 Total Stock-based compensation expense $ 2,353 $ 1,759 $ 1,267 Proceeds from stock options exercised were $4.5 million, $2.2 million and $2.1 million during 2020, 2019 and 2018, respectively. During 2020, 2019 and 2018, certain options were exercised in cashless transactions. Shares were forfeited related to exercise price and related tax obligations and the Company paid tax authorities amounts due resulting in a net cash outflow. Stock Options Under the provisions of the Plan, the option price per share shall not be less than the fair market value of the common stock on the date of the grant. Stock options expire ten years from the date of the grant. With the exception of 125,000 shares granted in 2017 that vest in four years and expire in ten years, all options granted vest in five years and expire ten years from the date of the grant. The following summarizes stock options as of and for the year ended December 31, 2020 and 2019 and the changes for the years then ended: 2020 Number of Shares Weighted-Average Exercise Price Outstanding at beginning of year 1,593,241 $ 14.96 Granted 126,250 18.11 Exercised (305,697) 14.36 Forfeited (9,750) 16.85 Expired (7,250) 14.78 Outstanding at end of year 1,396,794 $ 15.36 Exercisable at end of year 947,988 $ 14.66 Weighted-average fair value of options granted during 2020 $ 4.48 Weighted-average fair value of options granted during 2019 $ 4.22 Weighted-average fair value of options granted during 2018 $ 5.97 The intrinsic value of options exercised during 2020, 2019 and 2018 was $1.9 million, $1.9 million and $0.9 million, respectively. The fair value for the options was estimated at the date of grant using a Black-Scholes option-pricing model with the following inputs: 2020 2019 2018 Average risk-free interest rates 0.66 % 2.02 % 2.81 % Weighted-average life seven years seven years seven years Expected volatility 30.9 % 21.8 % 18.6 % Expected dividend yield 2.20 % 0.84 % 0.54 % The following summarizes information related to the total outstanding and exercisable stock options at December 31, 2020: Options Outstanding Options Exercisable Total Options Weighted-Average Exercise Price Intrinsic Value (in millions) Weighted-Average Remaining Life Total Options Weighted-Average Exercise Price Intrinsic Value (in millions) Weighted-Average Remaining Life 1,396,794 $15.36 $10.2 5.64 947,988 $14.66 $7.6 4.80 At December 31, 2020, based on stock options outstanding at that time, the total unrecognized pre-tax compensation expense related to unvested stock options was $1.3 million. This cost is expected to be recognized over a weighted-average period of 2.9 years. At December 31, 2020, the fair value of stock options vested during the year was $0.9 million. Restricted Stock Units Under the provisions of the Plan, RSUs are similar to restricted stock awards, except the recipient does not receive the stock immediately, but instead receives it according to a vesting plan and distribution schedule after achieving required performance milestones or upon remaining with the Company for a particular length of time. Each RSU that vests entitles the recipient to receive one share of the Company’s common stock on a specified issuance date. The recipient does not have any stockholder rights, including voting, dividend or liquidation rights, with respect to the shares underlying awarded RSUs until the recipient becomes the record holder of those shares. The Company granted 153,642 RSUs in 2020, 97,911 of which were time-based awards and 55,731 of which were performance-based awards. Time-based RSUs granted in 2020 vest in five equal installments per year over a five-year period, with the exception of time-based grants to members of the board of directors, which vest over a one-year period. Performance-based RSUs vest in one installment at the end of three years, based on set criteria. A summary of the activity for the Company’s RSUs for the period indicated is presented in the following table: 2020 Shares Weighted-Average Grant Date Fair Value Balance at beginning of year 160,758 $ 16.67 Granted 153,642 13.08 Vested (53,981) 15.36 Forfeited (7,383) 16.55 Balance at end of year 253,036 $ 14.70 Weighted-average fair value of RSUs granted during 2020 $ 13.08 Weighted-average fair value of RSUs granted during 2019 $ 15.50 Weighted-average fair value of RSUs granted during 2018 $ 19.33

REGULATORY CAPITAL REQUIREMENTS

REGULATORY CAPITAL REQUIREMENTS	12 Months Ended
	Dec. 31, 2020
Banking and Thrift, Other Disclosures [Abstract]
REGULATORY CAPITAL REQUIREMENTS	Note 15 – Regulatory Capital Requirements The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. The Bank is required to comply with applicable capital adequacy standards established by the FDIC. The Company is exempt from the Federal Reserve Board’s capital adequacy standards as it believes it meets the requirements of the Small Bank Holding Company Policy Statement. West Virginia state chartered banks, such as the Bank, are subject to similar capital requirements adopted by the West Virginia Division of Financial Institutions. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios of Total capital, Tier 1 capital and Tier 1 common equity to risk-weighted assets, and of Tier 1 capital to average assets, as defined. As of December 31, 2020 and 2019, the Company and the Bank meet all capital adequacy requirements to which they are subject. The most recent notification from the FDIC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier 1 risk-based, Tier 1 common equity risk-based and Tier 1 leverage ratios as set forth in the table below. Both the Company’s and the Bank’s actual capital amounts and ratios are presented in the table below. Actual Minimum Capital Requirement Minimum to be Well Capitalized (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2020 Total Capital (to risk-weighted assets) Subsidiary Bank $ 273,318 15.8% $ 138,277 8.0% $ 172,846 10.0% Tier 1 Capital (to risk-weighted assets) Subsidiary Bank $ 251,565 14.6% $ 103,708 6.0% $ 138,277 8.0% Common Equity Tier 1 Capital (to risk-weighted assets) Subsidiary Bank $ 251,565 14.6% $ 77,781 4.5% $ 112,350 6.5% Tier 1 Capital (to average assets) Subsidiary Bank $ 251,565 11.0% $ 91,269 4.0% $ 114,086 5.0% As of December 31, 2019 Total Capital (to risk-weighted assets) Subsidiary Bank $ 201,672 12.8% $ 125,686 8.0% $ 157,107 10.0% Tier 1 Capital (to risk-weighted assets) Subsidiary Bank $ 189,365 12.1% $ 94,264 6.0% $ 125,686 8.0% Common Equity Tier 1 Capital (to risk-weighted assets) Subsidiary Bank $ 189,365 12.1% $ 70,698 4.5% $ 102,120 6.5% Tier 1 Capital (to average assets) Subsidiary Bank $ 189,365 9.9% $ 76,182 4.0% $ 95,227 5.0%

REGULATORY RESTRICTION ON DIVID

REGULATORY RESTRICTION ON DIVIDEND	12 Months Ended
	Dec. 31, 2020
Disclosure of Restrictions on Dividends, Loans and Advances Disclosure [Abstract]
REGULATORY RESTRICTION ON DIVIDEND	Note 16 – Regulatory Restriction on Dividends The approval of the regulatory agencies is required if the total of all dividends declared by the Bank in any calendar year exceeds the Bank’s net profits, as defined, for that year combined with its retained net profits for the preceding two

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	Note 17 – Fair Value of Financial Instruments The carrying values and estimated fair values of financial instruments are summarized as follows: Fair Value Measurements at: (Dollars in thousands) Carrying Value Estimated Fair Value Quoted Prices in Active Markets for Identical Assets (Level I) Significant Other Observable Inputs (Level II) Significant Unobservable Inputs (Level III) December 31, 2020 Financial assets: Cash and cash equivalents $ 263,893 $ 263,893 $ 263,893 $ — $ — Certificates of deposit with banks 11,803 11,986 — 11,986 — Securities available-for-sale 410,624 410,624 — 366,945 43,679 Equity securities 27,585 27,585 472 — 27,113 Loans held-for-sale 1,062 1,062 — 1,062 — Loans 1,427,900 1,434,275 — — 1,434,275 Mortgage servicing rights 2,942 2,942 — — 2,942 Interest rate swap 13,822 13,822 — 13,822 — Accrued interest receivable 7,793 7,793 — 2,770 5,023 Fair value hedge 2,215 2,215 — 2,215 — Bank-owned life insurance 41,262 41,262 — 41,262 — Financial liabilities: Deposits $ 1,982,389 $ 1,964,860 $ — $ 1,964,860 $ — Repurchase agreements 10,266 10,266 — 10,266 — Fair value hedge 2,141 2,141 — 2,141 — Interest rate swap 13,822 13,822 — 13,822 — Accrued interest payable 572 572 — 572 — Subordinated debt 43,407 45,536 — 45,536 — December 31, 2019 Financial assets: Cash and cash equivalents $ 28,002 $ 28,002 $ 28,002 $ — $ — Certificates of deposits with banks 12,549 12,586 — 12,586 — Securities available-for-sale 235,821 235,821 — 198,562 37,259 Equity securities 18,514 18,514 — — 18,514 Loans held-for-sale 109,788 109,788 — 109,788 — Loans 1,362,766 1,364,706 — — 1,364,706 Mortgage servicing rights 348 348 — — 348 Interest rate lock commitment 1,660 1,660 — — 1,660 Interest rate swap 5,722 5,722 — 5,722 — Fair value hedge 1,770 1,770 — 1,770 — Accrued interest receivable 7,909 7,909 — 1,592 6,317 Bank-owned life insurance 35,374 35,374 — 35,374 — Financial liabilities: Deposits $ 1,265,042 $ 1,249,135 $ — $ 1,249,135 $ — Repurchase agreements 10,172 10,172 — 10,172 — FHLB and other borrowings 222,885 222,891 — 222,891 — Mortgage-backed security hedges 186 186 — 186 — Fair value hedge 1,418 1,418 — 1,418 Interest rate swap 5,722 5,722 — 5,722 — Accrued interest payable 1,060 1,060 — 1,060 — Subordinated debt 4,124 4,124 — 4,124 —

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	Note 18 – Fair Value Measurements Fair value estimates are made at a specific point in time, based on relevant market information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on-and-off balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Assets Measured on a Recurring Basis As required by accounting standards, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company classified investments in government securities as Level II instruments and valued them using the market approach. The following measurements are made on a recurring basis. Available-for-sale investment securities — Available-for-sale investment securities are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. Level I securities include those traded on an active exchange, such as the New York Stock Exchange, United States Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level II securities include mortgage-backed securities issued by government sponsored entities and private label entities, municipal bonds and corporate debt securities. There have been no changes in valuation techniques for the year ended December 31, 2020. Valuation techniques are consistent with techniques used in prior periods. Certain local municipal securities related to tax increment financing (“TIF”) are independently valued and classified as Level III instruments. Equity securities — Certain equity securities are recorded at fair value on a nonrecurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. The valuation methodologies utilized may include significant unobservable inputs. Loans held-for-sale — The fair value of mortgage loans held-for-sale is determined, when possible, using quoted secondary-market prices or investor commitments. If no such quoted price exists, the fair value of a loan is determined using quoted prices for a similar asset or assets, adjusted for the specific attributes of that loan, which would be used by other market participants. Interest rate lock commitment — The Company estimates the fair value of interest rate lock commitments based on the value of the underlying mortgage loan, quoted mortgage-backed security prices and estimates of the fair value of the mortgage servicing rights and the probability that the mortgage loan will fund within the terms of the interest rate lock commitments. Mortgage-backed security hedges — Mortgage-backed security hedges are considered derivatives and are recorded at fair value based on observable market data of the individual mortgage-backed security. Interest rate swap — Interest rate swaps are recorded at fair value based on third-party vendors who compile prices from various sources and may determine fair value of identical or similar instruments by using pricing models that consider observable market data. Fair value hedge — Treated like an interest rate swap, fair value hedges are recorded at fair value based on third-party vendors who compile prices from various sources and may determine fair value of identical or similar instruments by using pricing models that consider observable market data. The following tables present the assets reported on the consolidated statements of financial condition at their fair value on a recurring basis as of December 31, 2020 and 2019 by level within the fair value hierarchy. December 31, 2020 (Dollars in thousands) Level I Level II Level III Total Assets: United States government agency securities $ — $ 56,992 $ — $ 56,992 United States sponsored mortgage-backed securities — 95,769 — 95,769 Municipal securities — 188,208 43,679 231,887 Other securities — 18,476 — 18,476 Equity securities 472 — — 472 Loans held-for-sale — 1,062 — 1,062 Interest rate swap — 13,822 — 13,822 Fair value hedge — 2,215 — 2,215 Liabilities: Interest rate swap — 13,822 — 13,822 Fair value hedge — 2,141 — 2,141 December 31, 2019 (Dollars in thousands) Level I Level II Level III Total Assets: United States government agency securities $ — $ 51,996 $ — $ 51,996 United States sponsored mortgage-backed securities — 58,312 — 58,312 Municipal securities — 75,833 37,259 113,092 Other securities — 12,421 — 12,421 Loans held-for-sale — 109,788 — 109,788 Interest rate lock commitment — — 1,660 1,660 Interest rate swap — 5,722 — 5,722 Fair value hedge — 1,770 — 1,770 Liabilities: Interest rate swap — 5,722 — 5,722 Fair value hedge — 1,418 — 1,418 Mortgage-backed security hedges — 186 — 186 The following table represents recurring Level III assets: (Dollars in thousands) Interest Rate Lock Commitments Municipal Securities Equity Securities Total Balance at December 31, 2019 $ 1,660 $ 37,259 $ — $ 38,919 Realized and unrealized gains (losses) included in earnings (1,660) 3 — (1,657) Purchase of securities — 22,228 — 22,228 Maturities/calls — (15,778) — (15,778) Unrealized gain included in other comprehensive income (loss) — 7,119 — 7,119 Unrealized loss included in other comprehensive income (loss) — (7,152) — (7,152) Balance at December 31, 2020 $ — $ 43,679 $ — $ 43,679 Balance at December 31, 2018 $ 1,750 $ 33,122 $ 300 $ 35,172 Realized and unrealized losses included in earnings (90) — — (90) Purchase of securities — 842 — 842 Reclassification to nonrecurring assets — — (300) (300) Maturities/calls — (15,716) — (15,716) Unrealized gain included in other comprehensive income (loss) — 34,702 — 34,702 Unrealized loss included in other comprehensive income (loss) — (15,691) — (15,691) Balance at December 31, 2019 $ 1,660 $ 37,259 $ — $ 38,919 Assets Measured on a Nonrecurring Basis The Company may be required, from time to time, to measure certain financial assets, financial liabilities, non-financial assets and non-financial liabilities at fair value on a nonrecurring basis in accordance with U.S. GAAP. These include assets that are measured at the lower of cost or market value that were recognized at fair value below cost at the end of the period. Certain non-financial assets measured at fair value on a non-recurring basis include foreclosed assets (upon initial recognition or subsequent impairment), non-financial assets and non-financial liabilities measured at fair value in the second step of a goodwill impairment test, and intangible assets and other non-financial long-lived assets measured at fair value for impairment assessment. Non-financial assets measured at fair value on a nonrecurring basis during 2020 and 2019 include certain foreclosed assets which, upon initial recognition, were remeasured and reported at fair value through a charge-off to the allowance for possible loan losses and certain foreclosed assets which, subsequent to their initial recognition, were remeasured at fair value through a write-down included in other noninterest expense. Impaired loans — Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment using one of several methods, including collateral value, liquidation value and discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. Collateral values are estimated using Level II inputs based on observable market data or Level III inputs based on customized discounting criteria. For a majority of impaired real estate related loans, the Company obtains a current external appraisal. Other valuation techniques are used as well, including internal valuations, comparable property analysis and contractual sales information. Other real estate owned — Other real estate owned, which is obtained through the Bank’s foreclosure process, is valued utilizing the appraised collateral value. Collateral values are estimated using Level II inputs based on observable market data or Level III inputs based on customized discounting criteria. At the time the foreclosure is completed, the Company obtains a current external appraisal. Other debt securities — Certain debt securities are recorded at fair value on a nonrecurring basis. These other debt securities, which include preferred member interest in an equity method investment, are securities without a readily determinable fair value and are measured at cost minus impairment, if any, plus or minus any changes resulting from observable price changes in orderly transactions, as defined, for identical or similar investments of the same issuer. Equity securities — Certain equity securities are recorded at fair value on a nonrecurring basis. Equity securities without a readily determinable fair value are measured at cost minus impairment, if any, plus or minus any changes resulting from observable price changes in orderly transactions, as defined, for identical or similar investments of the same issuer. Assets measured at fair value on a nonrecurring basis as of December 31, 2020 and 2019 are included in the table below: December 31, 2020 (Dollars in thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 14,098 $ 14,098 Other real estate owned — — 5,730 5,730 Other debt securities — — 7,500 7,500 Equity securities — — 27,113 27,113 December 31, 2019 (Dollars in thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 8,909 $ 8,909 Other real estate owned — — 1,397 1,397 Equity securities — — 18,514 18,514 The following tables presents quantitative information about the Level III significant unobservable inputs for assets and liabilities measured at fair value at December 31, 2020 and 2019. Quantitative Information about Level III Fair Value Measurements (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2020 Nonrecurring measurements: Impaired loans $ 14,098 Appraisal of collateral 1 Appraisal adjustments 2 20% - 62% Liquidation expense 2 5% - 10% Other real estate owned $ 5,730 Appraisal of collateral 1 Appraisal adjustments 2 20% - 30% Liquidation expense 2 5% - 10% Other debt securities $ 7,500 Net asset value Cost minus impairment —% Equity securities $ 27,113 Net asset value Cost minus impairment —% Recurring measurements: Municipal securities (Local TIF bonds) $ 43,679 Appraisal of bond 3 Bond appraisal adjustment 4 5% - 15% Quantitative Information about Level III Fair Value Measurements (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2019 Nonrecurring measurements: Impaired loans $ 8,909 Appraisal of collateral 1 Appraisal adjustments 2 20% - 62% Liquidation expense 2 5% - 10% Other real estate owned $ 1,397 Appraisal of collateral 1 Appraisal adjustments 2 20% - 30% Liquidation expense 2 5% - 10% Equity securities $ 18,514 Net asset value Cost minus impairment —% Recurring measurements: Municipal securities (Local TIF bonds) $ 37,259 Appraisal of bond 3 Bond appraisal adjustment 4 5% - 15% Interest rate lock commitments $ 1,660 Pricing model Pull through rates 77% - 82% 1 Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level III inputs which are not identifiable. 2 Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted-average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. 3 Fair value determined through independent analysis of liquidity, rating, yield and duration. 4 Appraisals may be adjusted for qualitative factors, such as local economic conditions.

COMPREHENSIVE INCOME

COMPREHENSIVE INCOME	12 Months Ended
	Dec. 31, 2020
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
COMPREHENSIVE INCOME	Note 19 – Comprehensive Income The following tables present the components of accumulated other comprehensive income (“AOCI”) for the years ended December 31: (Dollars in thousands) 2020 2019 2018 Details about AOCI Components Amount Reclassified from AOCI Amount Reclassified from AOCI Amount Reclassified from AOCI Consolidated Statement of Income Line Item Available-for-sale securities Unrealized holding gain (loss) $ 914 $ (166) $ 327 Gain (loss) on sale of available-for-sale securities 914 (166) 327 Total before tax (214) 44 (88) Income tax expense 700 (122) 239 Net of tax Defined benefit pension plan items Amortization of net actuarial loss (420) (271) (306) Salaries and employee benefits (420) (271) (306) Total before tax 98 73 83 Income tax expense (322) (198) (223) Net of tax Investment hedge Carrying value adjustment 473 (44) — Interest on investment securities 473 (44) — Total before tax (128) 12 — Income tax expense 345 (32) — Net of tax Total reclassifications $ 723 $ (352) $ 16 (Dollars in thousands) Unrealized gains (losses) on available for-sale securities Defined benefit pension plan items Investment Hedge Total Balance at January 1, 2020 $ 2,942 $ (4,295) $ 32 $ (1,321) Other comprehensive income (loss) before reclassification 5,344 (1,074) — 4,270 Amounts reclassified from AOCI (700) 322 (345) (723) Net current period OCI 4,644 (752) (345) 3,547 Balance at December 31, 2020 $ 7,586 $ (5,047) $ (313) $ 2,226 Balance at January 1, 2019 $ (3,384) $ (3,422) $ — $ (6,806) Other comprehensive income (loss) before reclassification 6,204 (1,071) — 5,133 Amounts reclassified from AOCI 122 198 32 352 Net current period OCI 6,326 (873) 32 5,485 Balance at December 31, 2019 $ 2,942 $ (4,295) $ 32 $ (1,321)

CONDENSED FINANCIAL STATEMENTS

CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY	12 Months Ended
	Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]
CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY	Note 20 – Condensed Financial Statements of Parent Company Information relative to the parent company’s condensed balance sheets at December 31, 2020 and 2019 and the related condensed statements of income and cash flows for the years ended December 31, 2020, 2019 and 2018 are presented below: Condensed Balance Sheets December 31, (Dollars in thousands) 2020 2019 Assets Cash $ 15,566 $ 1,058 Investment in subsidiaries 265,679 211,271 Other assets 6,077 6,397 Total assets $ 287,322 $ 218,726 Liabilities and stockholders’ equity Other liabilities $ 4,432 $ 2,666 Subordinated debt 43,407 4,124 Total liabilities 47,839 6,790 Total stockholders’ equity 239,483 211,936 Total liabilities and stockholders’ equity $ 287,322 $ 218,726 Condensed Statements of Income Year ended December 31, (Dollars in thousands) 2020 2019 2018 Income, dividends from Bank subsidiary $ 6,688 $ 6,280 $ 8,906 Operating expenses 16,804 14,296 13,439 Loss from continuing operations, before income taxes (10,116) (8,016) (4,533) Income tax benefit - continuing operations (2,082) (1,880) (1,569) Net loss from continuing operations (8,034) (6,136) (2,964) Income from discontinued operations, before income taxes — 575 — Income tax expense - discontinued operations — 148 — Net income from discontinued operations — 427 — Equity in undistributed income earnings of subsidiaries 45,445 32,700 14,967 Net income $ 37,411 $ 26,991 $ 12,003 Preferred dividends $ 461 $ 479 $ 489 Net income available to common shareholders $ 36,950 $ 26,512 $ 11,514 Condensed Statements of Cash Flows (Dollars in thousands) 2020 2019 2018 OPERATING ACTIVITIES Net income $ 37,411 $ 26,991 $ 12,003 Equity in undistributed earnings of subsidiaries (45,445) (32,700) (14,967) Stock-based compensation 2,353 1,759 1,267 Other assets (2,101) (4,104) 1,997 Other liabilities 1,767 344 1,311 Net cash from operating activities (6,015) (7,710) 1,611 INVESTING ACTIVITIES Investment in subsidiaries (2,982) 16,791 (2,194) Net cash from investing activities (2,982) 16,791 (2,194) FINANCING ACTIVITIES Proceeds from stock issuance 240 1,033 — AOCI reclassification of pension and available-for-sale investments — — 743 Subordinated debt issuance (redemption) 40,000 (12,400) (35) Common stock repurchased (15,746) — — Preferred stock redemption — (500) — Common stock options exercised 4,464 2,164 2,129 Cash dividends paid on common stock (4,275) (2,290) (1,220) Cash dividends paid on preferred stock (461) (479) (489) Net cash from financing activities 24,222 (12,472) 1,128 Net change in cash 15,225 (3,391) 545 Cash at beginning of period 1,058 4,449 3,904 Cash at end of period $ 16,283 $ 1,058 $ 4,449 Noncash common stock converted from subordinated debt $ — $ 1,000 $ 15,965

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
SEGMENT REPORTING	Note 21 – Segment Reporting The Company has identified three reportable segments: CoRe banking; mortgage banking; and financial holding company. Revenue from CoRe banking activities consists primarily of interest earned on loans and investment securities and service charges on deposit accounts. The Fintech division, Chartwell and Paladin Fraud reside in the CoRe banking segment. Revenue from the mortgage banking activities is comprised of interest earned on loans and fees received as a result of the mortgage loan origination process. Prior to July 1, 2020, the mortgage banking services were conducted by PMG. In July 2020, the Company announced the completion of PMG’s combination with Intercoastal to form ICM. The Company has recognized its ownership as an equity method investment, initially recorded at fair value. Income related to this equity method investment is included in the Mortgage Banking segment. Revenue from financial holding company activities is mainly comprised of intercompany service income and dividends. Information about the reportable segments and reconciliation to the consolidated financial statements for the years ended December 31, 2020, 2019 and 2018 are as follows: 2020 (Dollars in thousands) CoRe Banking Mortgage Banking Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 75,812 $ 6,269 $ 3 $ (1,631) $ 80,453 Interest expense 10,400 3,139 261 (2,173) 11,627 Net interest income (loss) 65,412 3,130 (258) 542 68,826 Provision for (recovery of) loan losses 16,649 (70) — — 16,579 Net interest income after provision for loan losses 48,763 3,200 (258) 542 52,247 Noninterest Income: Mortgage fee income 247 33,722 — (542) 33,427 Other income 30,082 29,768 6,685 (8,125) 58,410 Total noninterest income 30,329 63,490 6,685 (8,667) 91,837 Noninterest Expenses: Salaries and employee benefits 28,801 21,550 11,278 — 61,629 Other expenses 33,298 5,074 5,265 (8,125) 35,512 Total noninterest expenses 62,099 26,624 16,543 (8,125) 97,141 Income (loss) before income taxes 16,993 40,066 (10,116) — 46,943 Income tax expense (benefit) 1,752 9,862 (2,082) — 9,532 Net income (loss) $ 15,241 $ 30,204 $ (8,034) $ — $ 37,411 Preferred stock dividends — — 461 — 461 Net income (loss) available to common shareholders $ 15,241 $ 30,204 $ (8,495) $ — $ 36,950 Capital Expenditures for the year ended December 31, 2020 $ 6,439 $ 99 $ 77 $ — $ 6,615 Total Assets as of December 31, 2020 2,343,556 58,140 284,943 (355,163) 2,331,476 Goodwill as of December 31, 2020 2,350 — — — 2,350 2019 (Dollars in thousands) CoRe Banking Mortgage Banking Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 75,874 $ 8,342 $ 13 $ (1,868) $ 82,361 Interest expense 18,698 6,014 769 (2,520) 22,961 Net interest income 57,176 2,328 (756) 652 59,400 Provision for loan losses 1,622 167 — — 1,789 Net interest income after provision for loan losses 55,554 2,161 (756) 652 57,611 Noninterest Income: Mortgage fee income 657 41,040 — (652) 41,045 Other income 23,033 1,289 6,268 (7,031) 23,559 Total noninterest income 23,690 42,329 6,268 (7,683) 64,604 Noninterest Expenses: Salaries and employee benefits 19,067 28,432 8,676 — 56,175 Other expenses 25,070 8,136 4,851 (7,031) 31,026 Total noninterest expenses 44,137 36,568 13,527 (7,031) 87,201 Income (loss) from continuing operations, before income taxes 35,107 7,922 (8,015) — 35,014 Income tax expense (benefit) - continuing operations 8,175 2,155 (1,880) — 8,450 Net income (loss) from continuing operations 26,932 5,767 (6,135) — 26,564 Income from discontinued operations, before income taxes — — 575 — 575 Income tax expense - discontinued operations — — 148 — 148 Net income from discontinued operations — — 427 — 427 Net income (loss) 26,932 5,767 (5,708) — 26,991 Preferred stock dividends — — 479 — 479 Net income (loss) available to common shareholders $ 26,932 $ 5,767 $ (6,187) $ — $ 26,512 Capital Expenditures for the year ended December 31, 2019 $ 1,438 $ 112 $ 492 $ — $ 2,042 Total Assets as of December 31, 2019 1,953,975 248,382 216,411 (474,564) 1,944,114 Goodwill as of December 31, 2019 2,748 16,882 — — 19,630 2018 (Dollars in thousands) CoRe Banking Mortgage Banking Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 63,762 $ 6,667 $ 5 $ (674) $ 69,760 Interest expense 13,667 4,085 1,756 (1,802) 17,706 Net interest income 50,095 2,582 (1,751) 1,128 52,054 Provision for loan losses 2,386 54 — — 2,440 Net interest income after provision for loan losses 47,709 2,528 (1,751) 1,128 49,614 Noninterest Income: Mortgage fee income 585 32,880 — (1,128) 32,337 Other income 6,479 (243) 6,411 (6,344) 6,303 Total noninterest income 7,064 32,637 6,411 (7,472) 38,640 Noninterest Expenses: Salaries and employee benefits 14,924 23,927 7,373 — 46,224 Other expenses 20,081 8,608 4,309 (6,344) 26,654 Total noninterest expenses 35,005 32,535 11,682 (6,344) 72,878 Income (loss) before income taxes 19,768 2,630 (7,022) — 15,376 Income tax expense (benefit) 4,265 677 (1,569) — 3,373 Net income (loss) $ 15,503 $ 1,953 $ (5,453) $ — $ 12,003 Preferred stock dividends — — 489 — 489 Net income (loss) available to common shareholders $ 15,503 $ 1,953 $ (5,942) $ — $ 11,514 Capital Expenditures for the year ended December 31, 2018 $ 2,284 $ 272 $ 137 $ — $ 2,693

QUARTERLY FINANCIAL DATA (UNAUD

QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY FINANCIAL DATA (UNAUDITED)	Note 22 – Quarterly Financial Data (Unaudited) Earnings Per Share (Dollars in thousands) Interest Income Net Interest Income Income Before Taxes Net Income Basic Diluted 2020 First quarter $ 20,699 $ 16,171 $ 1,227 $ 1,048 $ 0.08 $ 0.08 Second quarter 21,774 18,458 24,042 18,034 1.50 1.49 Third quarter 18,627 16,510 8,512 6,491 0.53 0.53 Fourth quarter 19,353 17,687 13,162 11,838 1.00 0.97 Earnings Per Share (Dollars in thousands) Interest Income Net Interest Income Income Before Taxes Net Income Basic Diluted 2019 First quarter $ 19,623 $ 13,972 $ 3,989 $ 3,192 $ 0.26 $ 0.26 Second quarter 20,470 14,529 20,526 15,377 1.31 1.18 Third quarter 21,038 15,034 5,668 4,327 0.36 0.35 Fourth quarter 21,230 15,865 5,406 4,095 0.34 0.32

ACQUISITIONS AND DIVESTITURES

ACQUISITIONS AND DIVESTITURES	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
ACQUISITIONS AND DIVESTITURES	Note 24 – Acquisitions and Divestitures The First State Bank Acquisition In April 2020, the Bank entered into a Purchase and Assumption Agreement with the FDIC, as receiver for First State, providing for the assumption by the Bank of certain liabilities and the purchase by the Bank of certain assets of First State. This was deemed to be a strategic opportunity to acquire deposits and certain assets of an institution that operated in counties contiguous to the Company's Southern WV market and further solidified the strategy for growth within core commercial markets. The Company has accounted for this acquisition under the acquisition method of accounting in accordance with FASB ASC Topic 805, Business Combinations , whereby the assets acquired and liabilities assumed were recorded by the Company at their estimated fair values as of their acquisition date. Fair value estimates were based on management's acceptance of a fair market valuation analysis performed by an independent third-party firm. In first quarter 2020, the Bank submitted a bid to the FDIC which included a bid based upon acquiring loans at a discounted amount, and also assuming the deposits of First State with no deposit premium. The Bank was notified that it was the winning bidder in the process, and the net asset discount accepted by the FDIC was $33.2 million. Immediately after the closing of this transaction, the FDIC remitted these funds to the Bank. As part of this transaction, the Bank acquired three branch locations for aggregate consideration of approximately $1.5 million. Also included was other real estate owned (“OREO”) at 46.5% of the book value, along with deposits with an aggregate value of approximately $140.0 million, cash and investment securities of $37.0 million and loans with a book value of $83.5 million. Net proceeds received from the FDIC for the transaction were $39.6 million. The statement of net assets acquired and the resulting bargain purchase gain recorded is presented in the following tables. As explained in the notes that accompany the following table, the assets acquired and liabilities assumed were recorded at the acquisition date fair value. (Dollars in thousands) As recorded by The First State Bank Fair Value Adjustments As recorded by MVB Assets Cash and cash equivalents $ 26,053 $ — $ 26,053 Investment securities - available-for-sale, at fair value 10,964 — 10,964 Loans 83,514 (22,861) (a) 60,653 OREO 22,610 (10,520) (b) 12,090 Premises and equipment, net 1,582 (12) (c) 1,570 Accrued interest receivable and other assets 2,234 211 (d) 2,445 Total Assets $ 146,957 $ (33,182) $ 113,775 Liabilities Deposits - transaction accounts $ 70,931 $ — $ 70,931 Deposits - certificates of deposit 69,029 2,560 (e) 71,589 Total deposits 139,960 2,560 142,520 FHLB and other borrowings 5,800 — 5,800 Accrued interest payable and other liabilities 411 — 411 Total Liabilities $ 146,171 $ 2,560 $ 148,731 Net identifiable assets acquired over/(under) liabilities assumed $ 786 $ (35,742) $ (34,956) (a) Adjustment reflects the fair value adjustments based on the Company's evaluation of the acquired loan portfolio and excludes the allowance for loan losses recorded by First State. (b) Adjustment reflects the fair value of OREO acquired. (c) Adjustment reflects the fair value adjustments based on the Company's evaluation of the acquired premises and equipment. (d) Adjustment reflects the recording of the core deposit intangible on the acquired deposit accounts and the fair value adjustment to other assets. (e) Adjustment arises since the interest rates paid on interest-bearing deposits where higher than rates available in the market on similar deposits as of the acquisition date. The following table summarizes the assets acquired and liabilities assumed in the First State acquisition as of the acquisition date, and the pre-tax bargain purchase gain of $4.7 million recognized on the transaction, which is included in gains on acquisition and divestiture activity in the consolidated statements of income. (Dollars in thousands) Assets acquired at fair value: Cash and cash equivalents $ 26,053 Investment securities - available-for-sale, at fair value 10,964 Loans 60,653 OREO 12,090 Premises and equipment, net 1,570 Accrued interest receivable and other assets 2,445 Total fair value of assets acquired $ 113,775 Liabilities assumed at fair value: Deposits $ 142,520 FHLB and other borrowings 5,800 Accrued interest payable and other liabilities 411 Total fair value of liabilities acquired $ 148,731 Net assets assumed at fair value $ (34,956) Transaction cash consideration received from the FDIC 39,627 Bargain purchase gain, before tax $ 4,671 Acquired Loans The following table outlines the contractually required payments receivable, cash flows the Company expects to receive, non-accretable credit adjustments and the accretable yield for all First State loans as of the acquisition date: (Dollars in thousands) Contractually Required Payments Receivable Non-Accretable Credit Adjustments Cash Flows Expected to be Collected Accretable FMV Adjustments Carrying Value of Loans Receivable PCI loans $ 86,823 $ 24,842 $ 61,981 $ 11,746 $ 50,235 Purchased performing loans 12,818 2,561 10,257 1,817 8,440 Other purchased loans 1,978 — 1,978 — 1,978 Total $ 101,619 $ 27,403 $ 74,216 $ 13,563 $ 60,653 The Company recorded all loans acquired at the estimated fair value on the purchase date, with no carryover of the related allowance for loan losses. On the acquisition date, the Company segmented the loan portfolio into six loan pools: performing commercial, performing commercial real estate, performing consumer and residential real estate, classified commercial, classified commercial real estate and classified consumer and residential real estate. Of the 934 loans acquired, 663 were determined to be of deteriorated credit and were accounted for under ASC 310-30 as PCI loans. The 271 remaining loans acquired were accounted for under ASC 310-20 as purchased performing loans. Other purchased loans include premium finance loans, credit cards and overdrawn escrow accounts. The Company had an independent third-party determine the net discounted value of cash flows on approximately 718 performing loans totaling $39.5 million. The valuation took into consideration the loans' underlying characteristics, including account types, remaining terms, annual interest rates, interest types, past delinquencies, timing of principal and interest payments, current market rates, loan to value ratios, loss exposures and remaining balances. These performing loans were segmented into pools based on loan and payment type and in some cases, risk grade. The Company established a credit risk-related non-accretable difference of $24.8 million relating to these acquired, credit-impaired loans, reflected in the recorded net fair value. It further estimated the timing and amount of expected cash flows in excess of the estimated fair value and established an accretable discount adjustment of $11.7 million at acquisition relating to these impaired loans. The following table discloses the impact of the acquisition of First State from the acquisition date through December 31, 2020. This table also presents certain pro forma information (net interest income and noninterest income and net income) as of the First State acquisition had occurred on January 1, 2019. The pro forma financial information is not necessarily indicative of the results of operations had the acquisitions been effective as of these dates. Deal-related costs from the First State acquisition of $1.2 million have been excluded from the 12 month period of 2020 pro forma information presented below and included in the 12 month period of 2019 pro forma information below. The actual results and pro forma information were as follows: Year Ended December 31, (Dollars in thousands) Revenue Net Income 2020: Actual First State results included in consolidated statement of income since acquisition date $ 8,793 $ 3,351 Supplemental consolidated pro forma as if First State had been acquired January 1, 2019 $ 157,180 $ 34,522 2019: Supplemental consolidated pro forma as if First State had been acquired January 1, 2019 $ 133,429 $ 29,290 Paladin, LLC Acquisition In April 2020, Paladin Fraud, LLC, a newly-formed West Virginia limited liability company and wholly-owned subsidiary of MVB Bank, entered into an Asset Purchase Agreement by and among Paladin Fraud, Paladin, LLC, a Washington limited liability company, James Houlihan and Jamon Whitehead. Pursuant to the Purchase Agreement, Paladin Fraud acquired substantially all of the assets and certain liabilities of Paladin and the purchase price of the transaction consisted of 19,278 unregistered shares of MVB common stock and an undisclosed amount of cash. Paladin is a respected leader in the fraud prevention industry and has formed a specialty niche that aligns well with the MVB as a preferred bank for Fintech companies. Divestiture of Four Eastern Panhandle, WV Branches In November 2019, the Company entered into a Purchase and Assumption Agreement with Summit, pursuant to which Summit purchased certain assets and assumed certain liabilities of three Bank branch locations in Berkeley County, WV and one Bank branch location in Jefferson County, WV. Upon closing, Summit assumed $188.1 million in deposits and acquired $36.8 million in loans, as well as cash, real property, personal property and other fixed assets. The Company recognized a gain of $9.6 million related to this transaction and was recorded in noninterest income for the in 2020. The completion of this sale resulted in the Company exiting the Eastern Panhandle, WV market. The Company closed this transaction in April 2020, and as such, no assets or liabilities of branches are classified as held-for-sale as of December 31, 2020. The Company recognized a gain on sale of banking centers of $9.6 million, which is included in gains on acquisition and divestiture activity. Assets to be acquired and liabilities to be assumed that were classified as held-for-sale as of December 31, 2019 are summarized as follows: (Dollars in thousands) As of December 31, 2019, Loans $ 42,916 Premises and equipment, net 3,638 Assets of branches held-for-sale $ 46,554 Noninterest-bearing deposits $ 19,251 Interest-bearing deposits 169,019 Deposits of branches held-for-sale $ 188,270 Combination with Intercoastal In July 2020, the Company completed the combination with Intercoastal to form ICM. The Bank contributed certain of its assets and in exchange received common units representing 47% of the common interest of ICM, as well as $7.5 million in preferred units. The Company has recognized its ownership as an equity method investment, initially recorded at fair value. The Company recognized a gain on this transaction of $3.3 million, which is included in gains on acquisition and divestiture activity. Acquisition of Grand Software In August 2020, MVB Technology, LLC, a newly formed West Virginia limited liability company and wholly-owned subsidiary of the Bank, entered into an Asset Purchase Agreement with Invest Forward, Inc., a Delaware corporation doing business as Grand. Pursuant to the Purchase Agreement, MVB Technology acquired the assets of Grand. The purchase price of the transaction consisted of cash totaling $1.0 million, plus the conversion of MVB’s note with Invest Forward. As of December 31, 2020, the assets acquired were recorded in premises and equipment with a balance of $1.3 million.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	12 Months Ended
	Dec. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENT	Note 25 – Subsequent Event In January 2021, the Company redeemed all of its outstanding shares of series B convertible noncumulative perpetual preferred stock, par value $1.00 per share, with a liquidation preference of $1,000 per share and all of its outstanding shares of series C convertible noncumulative perpetual preferred stock, par value $1.00 per share, with a liquidation preference of $1,000 per share, at a redemption price per share equal to $10,000, plus declared and unpaid dividends of $46.03 per share of series B preferred stock, and $49.86 per share of series C preferred stock. Upon redemption, the Preferred Stock was no longer outstanding and all rights with respect to such stock ceased and terminated, except the right to payment of the redemption price.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The financial statements are consolidated to include the accounts of the Company, its subsidiary, MVB Bank and the Bank’s wholly-owned subsidiaries. These statements have been prepared in accordance with U.S. GAAP and practices in the banking industry. All significant inter-company accounts and transactions have been eliminated in the consolidated financial statements. In preparing the consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses for the period. Estimates are based on known facts and circumstances and actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change relate to determination of the allowance for loan losses, purchased credit impaired loans, derivative instruments, goodwill and deferred tax assets and liabilities. Unconsolidated investments where the Company has the ability to exercise significant influence over the operating and financial policies of the respective investee are accounted for using the equity method of accounting; those that are not consolidated or accounted for using the equity method of accounting are accounted for under cost or fair value accounting. For these investments accounted for under the equity method, the Company records its investment in non-consolidated affiliates and the portion of income or loss in equity in earnings of non-consolidated affiliates. The Company periodically evaluates these investments for impairment. As of December 31, 2020, the Company holds one equity method investment.
Reclassifications	Certain amounts in the 2019 and 2018 consolidated financial statements have been reclassified to conform to the 2020 financial statement presentation and there was no change to net income.
Subsequent Events	The Company has evaluated subsequent events for potential recognition and/or disclosure through the date these consolidated financial statements were issued.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash equivalents include cash on hand, deposits in banks and interest-earning deposits. Interest-earning deposits with original maturities of 90 days or less are considered cash equivalents. Net cash flows are reported for loans, deposits and short-term borrowing transactions.
Investment Securities	Investment Securities Investment securities at the time of purchase are classified as one of the following: Available-for-Sale Securities - Includes debt that will be held for indefinite periods of time. These securities may be sold in response to changes in market interest or prepayment rates, needs for liquidity and changes in the availability of and yield of alternative investments. Such securities are reported at fair value, with unrealized holding gains and losses excluded from earnings and reported as a separate component of stockholders’ equity, net of estimated income tax effect. Equity Securities - Includes equity securities that are adjusted to fair value on a monthly basis, with the change in value recorded directly on the income statement. The Company has elected to measure the equity securities without readily determinable fair values at cost minus impairment, if any, plus or minus changes resulting from observable price changes for underlying transactions for identical or similar investments of new issues. The amortized cost of investment in debt securities is adjusted for amortization of premiums and accretion of discounts, computed by a method that results in a level yield. Gains and losses on the sale of investment securities are computed on the basis of specific identification of the adjusted cost of each security. Securities are periodically reviewed for other-than-temporary impairment. For debt securities, management considers whether the present value of future cash flows expected to be collected are less than the security’s amortized cost basis (the difference defined as the credit loss), the magnitude and duration of the decline, the reasons underlying the decline and the Company’s intent to sell the security or whether it is more likely than not that the Company would be required to sell the security before its anticipated recovery in market value, to determine whether the loss in value is other than temporary. If a decline in value is determined to be other than temporary, if the Company does not intend to sell the security, and it is more-likely-than-not that it will not be required to sell the security before recovery of the security’s amortized cost basis, the charge to earnings is limited to the amount of credit loss. Any remaining difference between fair value and amortized cost (the difference defined as the non-credit portion) is recognized in other comprehensive income, net of applicable taxes. A decline in value that is considered to be other-than-temporary is recorded as a loss within noninterest income in the consolidated statement of income. The Bank is a member of the FHLB of Pittsburgh and as such, is required to maintain a minimum investment in stock of the FHLB that varies with the level of advances outstanding with the FHLB. As of December 31, 2020 and 2019, the Bank holds $2.8 million and $15.0 million, respectively, which is included in accrued interest receivable and other assets. The stock is bought from and sold to the FHLB based upon its $100 par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost and evaluated by management. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) a significant decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted; (b) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance; (c) the impact of legislative and regulatory changes on the customer base of the FHLB; and (d) the liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein. Management considered that the FHLB’s regulatory capital ratios have improved in the most recent quarters, liquidity appears adequate, new shares of FHLB stock continue to exchange hands at the $100 par value and the FHLB has repurchased shares of excess capital stock from its members during 2020 and 2019.
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses Loans are stated at the amount of unpaid principal reduced by an allowance for loan losses. Loans are considered non-accrual when scheduled principal or interest payments are 90 days past due. Interest income on loans is recognized on an accrual basis. The allowance for loan losses is maintained at a level deemed adequate to absorb probable losses inherent in the loan portfolio. The Company consistently applies a quarterly loan review process to continually evaluate loans for changes in credit risk. This process serves as the primary means by which the Company evaluates the adequacy of the allowance for loan losses, and is based upon periodic review of the collectability of loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific and general components. The specific component relates to loans that are impaired. The general component covers all loans that are not impaired, and is based upon historical loss experience adjusted for qualitative factors. The Company allocates the allowance based on the factors described below, which conform to the Company’s loan classification policy. In reviewing risk within the loan portfolio, management has determined there to be several different risk categories within the loan portfolio. The allowance for loan losses consists of amounts applicable to: (i) residential real estate loans; (ii) commercial and commercial real estate secured loans; (iii) home equity loans; and (iv) consumer and other loans. Factors considered in this process include general loan terms, collateral and availability of historical data to support the analysis. Historical loss percentages for each loan category are calculated and used as the basis for calculating allowance allocations. Certain qualitative factors are evaluated to determine additional inherent risks in the loan portfolio, which are not necessarily reflected in the historical loss percentages. These factors are then added to the historical allocation percentages to get the adjusted factor to be applied to non-classified loans on a weighted basis, by risk grade. The following qualitative factors are analyzed: l Lending policies and procedures l Nature and volume of the portfolio l Experience and ability of lending management and staff l Volume and severity of problem credits l Quality of the loan review system l Conclusions of loan reviews, audits and exams l National, state, regional and local economic trends and business conditions l General economic conditions l Unemployment rates l Inflation / Consumer Price Index l Value of underlying collateral l Existence and effect of any credit concentrations l Consumer sentiment l Other external factors The Company analyzes its loan portfolio each quarter to determine the appropriateness of its allowance for loan losses. A loan that has deteriorated and requires additional collection efforts by the Bank could warrant non-accrual status. A thorough review is presented to the Chief Credit Officer and/or the Special Assets Review Committee (“SARC”), as required with respect to any loan which is in a collection process and to make a determination as to whether the loan should be placed on non-accrual status. The placement of loans on non-accrual status is subject to applicable regulatory restrictions and guidelines. Generally, loans should be placed in non-accrual status when the loan reaches 90 days past due, when it becomes likely the borrower cannot or will not make scheduled principal or interest payments, when full repayment of principal and interest is not expected, or when the loan displays potential loss characteristics. Normally, all accrued interest is charged off when a loan is placed in non-accrual status, unless Management believes it is likely the accrued interest will be collected. Any payments subsequently received are applied to principal. To remove a loan from non-accrual status, all principal and interest due must be paid up to date and the Bank is reasonably sure of future satisfactory payment performance. Usually, this requires a six-month recent history of payments due. Removal of a loan from non-accrual status will require the approval of the Chief Credit Officer and/or SARC. Loans are considered to be impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in evaluating impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. The Company also separately evaluates individual consumer loans for impairment. Loans are identified individually by monitoring the delinquency status of the Bank’s portfolio. Once identified, the Bank’s ongoing communications with the borrower allow evaluation of the significance of the payment delays and the circumstances surrounding the loan and the borrower. Once the determination has been made that a loan is impaired, the amount of the impairment is measured using one of three valuation methods: (a) the present value of expected future cash flows discounted at the loan’s effective interest rate; (b) the loan’s observable market price; or (c) the fair value of the collateral less selling costs. The method is selected on a loan-by-loan basis, with management primarily utilizing the fair value of collateral method. The evaluation of the need and amount of a specific allocation of the allowance and whether a loan can be removed from impairment status is made on a quarterly basis. The Company defers loan origination and commitment fees and direct loan origination costs and the net amount is amortized as an adjustment of the related loan’s yield.
Purchased Credit Impaired Loans	Purchased Credit Impaired Loans The Company may purchase individual loans and groups of loans, some of which have shown evidence of credit deterioration since origination. These PCI loans are recorded at the amount paid, such that there is no carryover of the seller's allowance for loan losses. After acquisition, losses are recognized by an increase in the allowance for loan losses. Such PCI loans are accounted for individually or aggregated into pools of loans based on common risk characteristics, such as credit score, loan type and date of origination. The Company estimates the amount and timing of expected cash flows for each loan or pool and the expected cash flows in excess of amount paid is recorded as interest income over the remaining life of the loan or pool (accretable yield). The excess of the loan's or pool's contractual principal and interest over expected cash flows is not recorded (non-accretable difference).
Troubled Debt Restructurings	Troubled Debt Restructurings A restructuring of debt constitutes a troubled debt restructuring (“TDR”) if the creditor for economic or legal reasons related to the debtor’s financial difficulties grants a concession to the debtor that it would not otherwise consider. Concessions may include interest rate reductions or below market interest rates, principal forgiveness, restructuring amortization schedules and other actions intended to minimize potential losses. The determination of whether a concession has been granted includes an evaluation of the debtor’s ability to access funds at a market rate for debt with similar risk characteristics and among other things, the significance of the modification relative to unpaid principal or collateral value of the debt and/or the significance of a delay in the timing of payments relative to the frequency of payments, original maturity date or the expected duration of the loan. The most common concessions granted generally include one or more modifications to the terms of the debt such as a reduction in the interest rate for the remaining life of the debt, an extension of the maturity date at an interest rate lower than the current market rate for new debt with similar risk, or reduction of the unpaid principal or interest. All TDRs are considered impaired loans.
Premises and Equipment	Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation, while land is carried at cost. Depreciation expense is computed for financial reporting by the straight-line-method based on the estimated useful lives of assets, which range from seven three
Bank-Owned Life Insurance	Bank-Owned Life Insurance Bank-owned life insurance represents life insurance on the lives of certain Company employees who have provided positive consent allowing the Company to be the beneficiary of such policies. These policies are recorded at their cash surrender value or the amount that can be realized upon surrender of the policy. Income from these policies is not subject to income taxes and is recorded as noninterest income.
Equity Method Investment	Equity Method InvestmentInvestments in companies in which the Company has significant influence over the operating and financing decisions are accounted for using the equity method of accounting. These investments are included in the equity method investment line item on the consolidated balance sheets. The Company recognizes its proportionate share of the investee's profits and losses in the equity method investment income line item with corresponding adjustments to the equity method investment line item.
Intangible Assets and Goodwill	Intangible Assets and Goodwill Goodwill is reviewed for potential impairment at least annually at the reporting unit level. In addition to the annual impairment evaluation, the Company evaluates for impairment when events or circumstances indicate that it is more likely than not an impairment loss has occurred. The Company performs its annual impairment test during the fourth quarter. The Company first assesses qualitative factors to determine whether it is necessary to perform the two-step goodwill impairment test discussed below. The Company assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. Examples of qualitative factors include: economic conditions; industry and market considerations; increases in labor or other costs; overall financial performance such as negative or declining cash flows; relevant entity-specific events such as changes in management, key personnel, strategy or customers; and regulatory or political developments. The Company early adopted ASU 2017-04, Intangibles–Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. Topic 350, Intangibles—Goodwill and Other (Topic 350) and did so for the period ended December 31, 2020. This guidance simplified the accounting for goodwill impairment for all entities by requiring impairment charges to be based on Step 1 of the previous accounting guidance’s two-step impairment test under ASC Topic 350. Under the new guidance, if a reporting unit’s carrying amount exceeds its fair value, the entity will record an impairment charge based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. The new standard eliminates the requirement to calculate a goodwill impairment charge using Step 2, which involved calculating an implied fair value of goodwill for each reporting unit for which the first step indicated impairment. The standard does not change the guidance on completing Step 1 of the goodwill impairment test. Entities are still be able to perform optional qualitative goodwill impairment assessment before determining whether to proceed to the quantitative step of determining whether the reporting unit’s carrying amount exceeds it fair value. For intangible assets subject to amortization, the recoverability test is performed when a triggering event occurs and an impairment loss is recognized if the carrying value of the intangible asset exceeds fair value and is not recoverable. The carrying value of the intangible asset is considered not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use of the asset. Intangible assets deemed to have indefinite useful lives are not subject to amortization. An impairment loss is recognized if the carrying value of the intangible asset with an indefinite life exceeds its fair value.
Interest Rate Lock Commitments and Hedges	Interest Rate Lock Commitments and Hedges The Company enters into commitments to originate mortgage loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). Rate lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. The period of time between issuance of a loan commitment and closing and sale of the loan generally ranges from 30 days to 120 days. The Company protects itself from changes in interest rates through the use of best efforts forward delivery commitments, whereby the Company commits to sell a loan at the time the borrower commits to an interest rate with the intent that the buyer has assumed interest rate risk on the loan. The correlation between the rate lock commitments and hedges is very high due to their similarity. As a result of these strategies, the Company limits the exposure of losses with these arrangements and will not realize significant gains related to its rate lock commitments due to changes in interest rates. For loans not originated on a best effort basis, the Company also uses mortgage-backed security hedges and pair-offs to mitigate interest rate risk by entering into securities and mortgage-backed securities trades with brokers.
Interest Rate Swap	Interest Rate Swaps Beginning in 2015, the Company entered into interest rate swap agreements to facilitate the risk management strategies of a small number of commercial banking clients. The Company mitigates this risk by entering into equal and offsetting interest rate swap agreements with highly rated third-party financial institutions. The interest rate swap agreements are free-standing derivatives and
Fair Value Hedge	Fair Value HedgeThe Company entered into an interest rate swap designated as a fair value hedge to mitigate the effect of changing interest rates on the fair values of certain designated fixed-rate loans and available for sale securities. This involves the receipt of variable amounts from a counterparty in exchange for the Company making fixed payments over the life of the agreements without the exchange of the underlying notional amount. The gain or loss on the derivative as well as the offsetting gain or loss on the hedged item attributable to the hedged risk are recognized in earnings. The Company entered into a pay-fixed/receive-variable interest rate swap in January 2019 with a notional amount of $23.0 million and $30.0 million at December 31, 2020 and 2019, respectively, which was designated as a fair value hedge associated with the Company’s fixed-rate loan program and certain available for sale securities.
Mortgage Servicing Rights	Mortgage Servicing RightsMortgage servicing rights (“MSRs”) are recorded when the Bank sells mortgage loans and retains the servicing on those loans. On a monthly basis, MVB tracks the amount of mortgage loans that are sold with servicing retained. A valuation is done to determine the MSRs value, which is then recorded as an asset and amortized over the period of estimated net servicing revenues. The balance of MSRs is evaluated for impairment quarterly, and was determined not to be impaired at December 31, 2020 or 2019. Servicing loans for others generally consists of collecting mortgage payments from borrowers, maintaining escrow accounts, remitting payments to third party investors and, when necessary, foreclosure processing. Serviced loans are not included in the Consolidated Balance Sheets.
Foreclosed Assets Held for Resale	Foreclosed Assets Held for ResaleForeclosed assets held for resale acquired in satisfaction of mortgage obligations and in foreclosure proceedings are recorded at fair value less estimated selling costs at the time of foreclosure, establishing a new cost basis, with any valuation adjustments charged to the allowance for loan losses. In subsequent periods, foreclosed assets are recorded at the lower of cost or fair value less any costs to sell. Costs relating to improvement of the property are capitalized, while holding costs of the property are charged to other loan origination and maintenance expense in the period incurred. Subsequent declines in fair value and gains or losses on sale are recorded in other noninterest expense.
Fair Value Measurements	Fair Value Measurements Accounting standards require that the Company adopt fair value measurement for financial assets and financial liabilities. This enhanced guidance for using fair value to measure assets and liabilities applies whenever other standards require or permit assets or liabilities to be measured at fair value. This guidance does not expand the use of fair value in any new circumstances. The following summarizes the methods and significant assumptions used by the Company in estimating its fair value disclosures for financial instruments. Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities include items for which quoted prices are available, but traded less frequently, and items that are fair valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way markets and are measured using management’s best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation.
Revenue Recognition	Revenue Recognition The Company records revenue from contracts with customers in accordance with ASU 2014-09, Revenue from Contracts with Customers (“Topic 606”). Under Topic 606, the Company must identify the contract with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when (or as) the Company satisfies a performance obligation. Significant revenue has not been recognized in the current reporting period that results from performance obligations satisfied in previous periods. The Company’s primary sources of revenue are derived from interest and fees earned on loans, investment securities and other financial instruments that are not within the scope of Topic 606. The Company has evaluated the nature of its contracts with customers and determined that further disaggregation of revenue from contracts with customers into more granular categories beyond what is presented in the Consolidated Statements of Income is not currently necessary. The Company generally fully satisfies its performance obligations on its contracts with customers as services are rendered and the transaction prices are typically fixed, charged either on a periodic basis or based on activity. Because performance obligations are satisfied as services are rendered and the transaction prices are fixed, there is little judgment involved in applying Topic 606 that significantly affects the determination of the amount and timing of revenue from contracts with customers. Payment Card and Service Charge Income Payment card and service charge income are comprised of service charges on accounts and interchange and debit card transaction fees. Service charges on accounts consist of account analysis fees, monthly service fees, check orders and other account related fees. The Company’s performance obligation for account analysis fees and monthly service fees is generally satisfied and the related revenue recognized, over the period in which the service is provided. Check orders and other account related fees are largely transactional based and therefore, the Company’s performance obligation is satisfied and related revenue recognized, at a point in time. Payment for service charges on accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Interchange and debit card transaction fees are primarily comprised of interchange fees earned whenever the Bank’s debit and credit cards are processed through card payment networks, such as Visa. The Bank’s performance obligation for debit card and interchange income is generally satisfied, and the related revenue recognized, on a transactional basis. Payment is typically received immediately or in the following month. The Company also enters into interchange arrangements with minimum commitment fees. Minimum commitment fees are recognized ratably, until such time that minimum commitment fees are exceeded or expected to be exceeded. Compliance Consulting Income Compliance consulting income is comprised of consulting revenue generated by Chartwell and Paladin Fraud. Chartwell provides integrated regulatory compliance, state licensing, financial crimes prevention and enterprise risk management services that include consulting, outsourcing, testing and training solutions. Paladin Fraud provides an extensive and customizable suite of fraud prevention services for merchants, credit agencies, Fintech companies and other vendors to help clients and partners defend against threats. Chartwell and Paladin Fraud account for a contract after it has been approved by all parties to the arrangement, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of consideration is probable. The services promised are then evaluated in each contract at inception to determine whether the contract should be accounted for as having one or more performance obligations. Both Chartwell and Paladin Fraud's services included in its contracts are distinct from one another. The transaction price for each contract is determined based upon the consideration expected to be received for the distinct services being provided under the contract. Revenue is recognized as performance obligations are satisfied and the customer obtains control of the goods or services provided. In determining when performance obligations are satisfied, factors considered include contract terms, payment terms and whether there is an alternative future use of the product or service. Consulting engagements may vary in length and scope but will generally include the review and/or preparation of regulatory filings, business plans, financial models and other risk management services to customers within financial industries. Revenue from consulting services is recognized upon completion of deliverables as outlined in the consulting agreement. Other Operating Income Other operating income is primarily comprised of ATM fees, wire transfer fees, travelers check fees, revenue streams such as safe deposit box rental fees and other miscellaneous service charges. ATM fees, wire transfer fees and travelers check fees are primarily generated when a Bank’s cardholder uses a non-Bank ATM or a non-Bank cardholder uses a Bank ATM. Safe deposit box rental fees are charged to the customer on an annual basis and recognized upon receipt of payment. The Bank determined that since rentals and renewals occur fairly consistently over time, revenue is recognized on a basis consistent with the duration of the performance obligation. Other service charges include revenue from processing wire transfers, bill pay service, cashier’s checks and other services. The Bank’s performance obligations for fees and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. The Bank’s performance obligation for the gains and losses on sales of other real estate owned is satisfied, and the related revenue recognized, after each sale of other real estate owned is closed.
Marketing Costs	Marketing CostsMarketing costs are expensed as incurred.
Stock Based Compensation	Stock-Based CompensationCompensation cost is recognized for stock options and restricted stock units (“RSUs”) issued to employees, based on the fair value of these awards at the date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award.
Earnings Per Share	Earnings Per Share The Company determines basic earnings per share by dividing net income less preferred stock dividends by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is determined by dividing net income less dividends on convertible preferred stock plus interest on convertible subordinated debt by the weighted-average number of shares outstanding, increased by both the number of shares that would be issued assuming the exercise of stock options under the Company’s 2003 and 2013 Stock Incentive Plans and the conversion of preferred stock and subordinated debt, if dilutive.
Comprehensive Income	Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities and minimum pension liability, are reported as a separate component of the equity section of the Consolidated Balance Sheet, such items, along with net income, are components of comprehensive income.
Income Taxes	Income Taxes The amount reflected as income taxes represents federal and state income taxes on financial statement income. Certain items of income and expense, primarily the provision for possible loan losses, allowance for losses on foreclosed assets held for resale, depreciation and accretion of discounts on investment securities are reported in different accounting periods for income tax purposes. The Company and the Bank file a consolidated federal income tax return. Deferred tax assets and liabilities are computed based on the difference between the financial statement basis and income tax bases of assets and liabilities using the enacted marginal tax rates. Deferred income tax expenses or benefits are based on the changes in the net deferred tax asset or liability from period to period. Deferred tax assets and liabilities are the result of timing differences in recognition of revenue and expense for income tax and financial statement purposes. No deferred income tax valuation allowance is provided since it is more likely than not that realization of the deferred income tax asset will occur in future years. The Company prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more likely than not recognition threshold is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more likely than not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more likely than not recognition threshold should be reversed in the first subsequent financial reporting period in which that threshold is no longer met. There is currently no liability for uncertain tax positions and no known unrecognized tax benefits. With limited exception, the Company’s federal and state income tax returns for taxable years through 2016 have been closed for purposes of examination by the federal and state taxing jurisdictions.
Operating Segments	Operating SegmentsAn operating segment is defined as a component of an enterprise that engages in business activities that generates revenue and incurs expense, and the operating results of which are reviewed by the chief operating decision maker in the determination of resource allocation and performance. While the Company’s chief decision makers monitor the revenue streams of the various Company’s products and services, operations are managed and financial performance is evaluated on a Company-wide basis. The Company has identified three reportable segments: CoRe banking; mortgage banking; and financial holding company.
Business Combinations	Business Combinations U.S. GAAP requires that the acquisition method of accounting, formerly referred to as the purchase method, be used for all business combinations that an acquirer is identified for each business combination. Under U.S. GAAP, the acquirer is the entity that obtains control of one or more businesses in the business combination, and the acquisition date is the date the acquirer achieves control. U.S. GAAP requires that the acquirer recognize the fair value of assets acquired, liabilities assumed and any non-controlling interest in the acquired entity at the acquisition date.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (i) the assets have been isolated from the Company, (ii) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and (iii) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Recent Accounting Pronouncements and Developments	Recent Accounting Pronouncements and Developments In August 2018, the FASB issued ASU 2018-14, Compensation – Retirement Benefits – Defined Benefit Plans – General (Subtopic 715-20): Disclosure Framework – Changes to the Disclosure Requirement for Defined Benefit Plans , which modifies the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. The updates in this ASU are part of the disclosure framework project ASU 2018-14 and modify the disclosure requirements under ASC 715-20 for employers that sponsor defined benefit pension or other postretirement plans. Those modifications include the removal and addition of disclosure requirements as well as clarifying specific disclosure requirements. The ASU removed the following disclosures: 1) the amounts in accumulated other comprehensive income expected to be recognized as components of net periodic benefit cost over the next fiscal year; 2) the amount and timing of plan assets expected to be returned to the employer; 3) the disclosures related to the June 2001 amendments to the Japanese Welfare Pension Insurance Law; 4) related party disclosures about the amount of future annual benefits covered by insurance and annuity contracts and significant transactions between the employer or related parties and the plan; 5) for nonpublic entities, the reconciliation of the opening balances to the closing balances of plan assets measured on a recurring basis in Level 3 of the fair value hierarchy; however, nonpublic entities will be required to disclose separately the amounts of transfers into and out of Level 3 of the fair value hierarchy and purchases of Level 3 plan assets and 6) for public entities, the effects of a one-percentage-point change in assumed health care cost trend rates on the (i) aggregate of the service and interest cost components of net periodic benefit costs and (ii) benefit obligation for postretirement health care benefits. The ASU added the following disclosures: 1) the weighted-average interest crediting rates for cash balance plans and other plans with promised interest crediting rates and 2) an explanation of the reasons for significant gains and losses related to changes in the benefit obligation for the period. The ASU then clarified the following disclosures: 1) the projected benefit obligation (“PBO”) and fair value of plan assets for plans with PBOs more than plan assets; and 2) the accumulated benefit obligation (“ABO”) and fair value of plan assets for plans with ABOs more than plan assets. ASU 2018-14 is effective for public business entities for fiscal years ending after December 15, 2020. As ASU 2018-14 only revises disclosure requirements, it did not have a material impact on the Company's consolidated financial statements. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement. The updates in this ASU are part of the disclosure framework project and modify the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. The modifications include additions, modification and removal of disclosure requirements. The ASU removed the following disclosure requirements: 1) the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, 2) the policy for timing of transfers between levels, 3) the valuation process for Level 3 fair value measurements and 4) for nonpublic entities, the changes in unrealized gains and losses for the period included in earnings for recurring Level 3 fair value measurements held at the end of the reporting period. The ASU added the following disclosure requirements: 1) the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period; and 2) the range and weighted-average of significant unobservable inputs used to develop Level 3 fair value measurements. For certain unobservable inputs, an entity may disclose other quantitative information (such as the median or arithmetic average) in lieu of the weighted-average if the entity determines that other quantitative information would be a more reasonable and rational method to reflect the distribution of unobservable inputs used to develop Level 3 fair value measurements. The ASU also modified the following disclosure requirements: 1) in lieu of a rollforward for Level 3 fair value measurements, a nonpublic entity is required to disclose transfers into and out of Level 3 of the fair value hierarchy and purchases and issues of Level 3 assets and liabilities; 2) for investments in certain entities that calculate net asset value, an entity is required to disclose the timing of liquidation of an investee's assets and the date when restrictions from redemption might lapse only if the investee has communicated the timing to the entity or announced the timing publicly; and 3) clarification that the measurement uncertainty disclosure is to communicate information about the uncertainty in measurement as of the reporting date. ASU 2018-13 is effective for public business entities for fiscal years and interim periods within those years beginning after December 15, 2019. Adoption of this standard did not have a material impact on the Company's consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and subsequent amendments to the initial guidance in November 2018, ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments – Credit Losses , in April 2019, ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments , in May 2019, ASU 2019-05, Financial Instruments – Credit Losses, Topic 326 and in November 2019, ASU 2019-10, Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates and ASU 2019-11, Codification Improvements to Topic 326, Financial Instruments – Credit Losses , all of which clarifies codification and corrects unintended application of the guidance. The new guidance replaces the incurred loss impairment methodology in current U.S. GAAP with an expected credit loss methodology and requires consideration of a broader range of information to determine credit loss estimates. Financial assets measured at amortized cost will be presented at the net amount expected to be collected by using an allowance for credit losses. PCI loans will receive an allowance account at the acquisition date that represents a component of the purchase price allocation. Credit losses relating to available-for-sale debt securities will be recorded through an allowance for credit losses, with such allowance limited to the amount by which fair value is below amortized cost. The guidance was initially effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. On November 15, 2019, the FASB issued ASU 2019-10, Financial Investments – Credit Issues (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates , which finalizes a delay in the effective date of the standard for smaller reporting companies until January 2023. The Company expects to recognize a one-time cumulative effect adjustment to the allowance for loan losses as of the beginning of the first reporting period in which the new standard is effective, but cannot yet determine the magnitude of any such one-time adjustment or the overall impact of the new guidance on the consolidated financial statements. In that regard, the Company has formed a cross-functional implementation team. The team is working to develop an implementation plan which will include assessment and documentation of processes, internal controls and data sources; model development and documentation; and system configuration, among other things. The Company is also in the process of implementing a third-party vendor solution to assist it in the application of this standard. The adoption of this standard could result in an increase in the allowance for loan losses as a result of changing from an “incurred loss” model, which encompasses allowances for current known and inherent losses within the portfolio, to an “expected loss” model, which encompasses allowances for losses expected to be incurred over the life of the portfolio. While the Company is currently unable to reasonably estimate the impact of adopting ASU 2016-13, it expects that the impact of adoption will be significantly influenced by the composition, characteristics and quality of its loan portfolio, as well as the prevailing economic conditions and forecasts as of the adoption date. In January 2020, the FASB issued ASU 2020-01, Investments-Equity Securities (Topic 321), Investments-Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815)-Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 . ASU 2020-01 clarifies the interaction between accounting standards related to equity securities, equity method investments and certain derivatives, including accounting for the transition into and out of the equity method and measuring certain purchased options and forward contracts to acquire investments. The amendments will be effective for the Company on January 1, 2021. The Company does not expect this standard to have a material effect on its consolidated financial statements. In March 2020, the FASB issued ASU 2020-03, Codification Improvements to Financial Instruments . The amendments represent clarification and improvements to the codification and correct unintended application. This standard was effective immediately upon issuance and its adoption did not have a material effect on the Company’s consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . The amendments provide optional expedients and exceptions for certain contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of rate reform. The guidance is effective from the date of issuance until December 31, 2022. The guidance permits entities to not apply modification accounting or remeasure lease payments in lease contracts if the changes to the contract are related to the discontinuation of the reference rate. If certain criteria are met, the amendments also allow exceptions to the de-designation criteria of the hedging relationship and the assessment of hedge effectiveness during the transition period. In January 2021, ASU 2021-01 was issued by the FASB and clarifies that certain exceptions in reference rate reform apply to derivatives that are affected by the discounting transition. The Company will continue to assess the impact as the reference rate transition occurs over the next two years. In August 2020, the SEC issued a final rule that modernizes the disclosure requirements in Regulation S-K relating to the description of the business, legal proceedings, and risk factors, which are required in many SEC filings, including Form 10-K and registration statements. The final rule was effective in November 2020, 30 days after its date of publication in the Federal Register. The Company adopted the amendments in preparing this report.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Earnings Per Share	For the years ended December 31, (Dollars in thousands except shares and per share data) 2020 2019 2018 Numerator for basic earnings per share: Net income from continuing operations $ 37,411 $ 26,564 $ 12,003 Less: Dividends on preferred stock 461 479 489 Net income from continuing operations available to common shareholders - basic 36,950 26,085 11,514 Net income from discontinued operations available to common shareholders - basic and diluted — 427 — Net income available to common shareholders $ 36,950 $ 26,512 $ 11,514 Numerator for diluted earnings per share: Net income from continuing operations available to common shareholders - basic $ 36,950 $ 26,085 $ 11,514 Add: Dividends on preferred stock — — 489 Add: Interest on subordinated debt (tax effected) — — 753 Net income available to common shareholders from continuing operations - diluted $ 36,950 $ 26,085 $ 12,756 Denominator: Total average shares outstanding 11,821,574 11,713,885 11,030,984 Effect of dilutive convertible preferred stock — — 489,625 Effect of dilutive convertible subordinated debt — — 837,500 Effect of dilutive stock options and restricted stock units 266,532 330,782 363,894 Total diluted average shares outstanding 12,088,106 12,044,667 12,722,003 Earnings per share from continuing operations - basic $ 3.13 $ 2.22 $ 1.04 Earnings per share from discontinued operations - basic $ — $ 0.04 $ — Earnings per common share - basic $ 3.13 $ 2.26 $ 1.04 Earnings per share from continuing operations - diluted $ 3.06 $ 2.16 $ 1.00 Earnings per share from discontinued operations - diluted $ — $ 0.04 $ — Earnings per common share - diluted $ 3.06 $ 2.20 $ 1.00

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Fair Values of Investment Securities Available-for-sale	Amortized cost and fair values of investment securities available-for-sale at December 31, 2020 are summarized as follows: (Dollars in thousands) Amortized Cost Unrealized Gain Unrealized Loss Fair Value United States government agency securities $ 56,207 $ 995 $ (210) $ 56,992 United States sponsored mortgage-backed securities 94,968 972 (171) 95,769 Municipal securities 223,642 8,327 (82) 231,887 Other debt securities 7,500 — — 7,500 Total debt securities 382,317 10,294 (463) 392,148 Other securities 18,401 146 (71) 18,476 Total investment securities available-for-sale $ 400,718 $ 10,440 $ (534) $ 410,624 Amortized cost and fair values of investment securities available-for-sale at December 31, 2019 are summarized as follows: (Dollars in thousands) Amortized Cost Unrealized Gain Unrealized Loss Fair Value United States government agency securities $ 52,046 $ 199 $ (249) $ 51,996 United States sponsored mortgage-backed securities 58,748 188 (624) 58,312 Municipal securities 108,750 4,399 (57) 113,092 Total debt securities 219,544 4,786 (930) 223,400 Other securities 12,247 181 (7) 12,421 Total investment securities available-for-sale $ 231,791 $ 4,967 $ (937) $ 235,821 The following table summarizes amortized cost and fair values of debt securities by maturity: December 31, 2020 Available for sale (Dollars in thousands) Amortized Cost Fair Value Within one year $ — $ — After one year, but within five years 9,254 9,629 After five years, but within ten years 36,097 36,863 After ten years 336,966 345,656 Total $ 382,317 $ 392,148
Investments in an Unrealized Loss Position	The following table discloses the length of time that investments have remained in an unrealized loss position at December 31, 2020: (Dollars in thousands) Less than 12 months 12 months or more Description and number of positions Fair Value Unrealized Loss Fair Value Unrealized Loss United States government agency securities (27) $ 19,021 $ (68) $ 12,574 $ (142) United States sponsored mortgage-backed securities (9) 15,331 (155) 3,349 (16) Municipal securities (14) 11,856 (82) — — Other securities (5) 3,947 (71) — — $ 50,155 $ (376) $ 15,923 $ (158) The following table discloses the length of time that investments have remained in an unrealized loss position at December 31, 2019: (Dollars in thousands) Less than 12 months 12 months or more Description and number of positions Fair Value Unrealized Loss Fair Value Unrealized Loss United States government agency securities (26) $ 8,160 $ (59) $ 15,399 $ (190) United States sponsored mortgage-backed securities (40) 16,660 (170) 27,498 (454) Municipal securities (13) 6,018 (40) 828 (17) Other securities (2) 1,093 (7) — — $ 31,931 $ (276) $ 43,725 $ (661)
Realized Gain (Loss) on Investments	The following table summarizes the investment sales and related gains and losses in 2020, 2019 and 2018: (Dollars in thousands) 2020 2019 2018 Sales of available-for-sale investments $ 54,023 $ 31,220 $ 2,743 Gross gains 948 105 352 Gross losses 34 271 25 Sales of equity investments $ 4,622 $ 5,968 $ — Gross gains 3,501 — — Gross losses — 7 —

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Dec. 31, 2020
Receivables [Abstract]
Components of Loans in Consolidated Balance Sheet	The components of loans in the Consolidated Balance Sheet at December 31, were as follows: (Dollars in thousands) 2020 2019 Commercial and non-residential real estate $ 1,141,114 $ 1,063,828 Residential 240,264 271,604 Home equity 30,828 35,106 Consumer 3,156 3,697 PCI loans: Commercial and non-residential real estate 21,008 — Residential 16,943 — Consumer 1,488 — Total loans 1,454,801 1,374,235 Deferred loan origination costs and (fees), net (1,057) 306 Loans receivable $ 1,453,744 $ 1,374,541
Primary Segments of the Loan Portfolio	The following table summarizes the primary segments of the loan portfolio, excluding PCI loans, as of December 31, 2020 and 2019: (Dollars in thousands) Commercial Residential Home Equity Consumer Total December 31, 2020 Individually evaluated for impairment $ 13,334 $ 1,960 $ 95 $ 5 $ 15,394 Collectively evaluated for impairment 1,127,780 238,304 30,733 3,151 1,399,968 Total Loans $ 1,141,114 $ 240,264 $ 30,828 $ 3,156 $ 1,415,362 December 31, 2019 Individually evaluated for impairment $ 7,401 $ 1,953 $ 95 $ 34 $ 9,483 Collectively evaluated for impairment 1,056,427 269,651 35,011 3,663 1,364,752 Total Loans $ 1,063,828 $ 271,604 $ 35,106 $ 3,697 $ 1,374,235
Impaired Loans by Class	The following table presents impaired loans by class, excluding PCI loans, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of December 31, 2020 and 2019: Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans (Dollars in thousands) Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance December 31, 2020 Commercial: Commercial business $ 3,431 $ 1,032 $ 5,653 $ 9,084 $ 10,440 Commercial real estate 772 264 944 1,716 1,864 Acquisition and development — — 2,534 2,534 3,939 Total commercial 4,203 1,296 9,131 13,334 16,243 Residential — — 1,960 1,960 2,232 Home equity — — 95 95 95 Consumer — — 5 5 5 Total impaired loans $ 4,203 $ 1,296 $ 11,191 $ 15,394 $ 18,575 December 31, 2019 Commercial: Commercial business $ 2,606 $ 249 $ 644 $ 3,250 $ 4,308 Commercial real estate 1,786 325 295 2,081 2,171 Acquisition and development — — 2,070 2,070 3,467 Total commercial 4,392 574 3,009 7,401 9,946 Residential — — 1,953 1,953 2,045 Home equity — — 95 95 100 Consumer — — 34 34 35 Total impaired loans $ 4,392 $ 574 $ 5,091 $ 9,483 $ 12,126 The carrying amount of the PCI loan portfolio is as follows: (Dollars in thousands) As of December 31, 2020 Commercial $ 21,008 Residential 16,943 Consumer 1,488 Outstanding balance $ 39,439 Carrying amount, net of allowance $ 39,355
Average Recorded Investment in Impaired Loans and Related Interest Income Recognized	December 31, 2020 December 31, 2019 December 31, 2018 (Dollars in thousands) Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Average Investment in Impaired Loans Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Commercial: Commercial business $ 6,066 $ — $ — $ 3,202 $ — $ — $ 4,052 $ 51 $ 106 Commercial real estate 3,057 97 104 3,220 162 140 6,416 159 94 Acquisition and development 1,207 67 73 2,151 123 131 1,367 106 8 Total commercial 10,330 164 177 8,573 285 271 11,835 316 208 Residential 2,541 19 19 2,719 16 16 2,569 20 14 Home equity 87 — — 154 2 2 100 2 1 Consumer 7 — — 45 — — 149 — — Total $ 12,965 $ 183 $ 196 $ 11,491 $ 303 $ 289 $ 14,653 $ 338 $ 223
Classes of the Loan Portfolio Summarized by the Aggregate Pass and the Criticized Categories	The following table represents the classes of the loan portfolio, excluding PCI loans, summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of December 31, 2020 and 2019: (Dollars in thousands) Pass Special Mention Substandard Doubtful Total December 31, 2020 Commercial: Commercial business $ 496,222 $ 9,529 $ 17,045 $ 1,095 $ 523,891 Commercial real estate 356,544 32,044 34,001 533 423,122 Acquisition and development 80,771 25,001 4,184 2,170 112,126 SBA PPP 81,975 — — — 81,975 Total commercial 1,015,512 66,574 55,230 3,798 1,141,114 Residential 236,250 948 2,896 170 240,264 Home equity 30,277 381 144 26 30,828 Consumer 3,124 32 — — 3,156 Total Loans $ 1,285,163 $ 67,935 $ 58,270 $ 3,994 $ 1,415,362 December 31, 2019 Commercial: Commercial business $ 511,590 $ 17,398 $ 11,894 $ — $ 540,882 Commercial real estate 406,712 3,564 1,494 — 411,770 Acquisition and development 106,428 1,869 2,879 — 111,176 Total commercial 1,024,730 22,831 16,267 — 1,063,828 Residential 267,367 1,946 2,177 114 271,604 Home equity 34,641 383 82 — 35,106 Consumer 3,613 56 28 — 3,697 Total Loans $ 1,330,351 $ 25,216 $ 18,554 $ 114 $ 1,374,235 The following table represents the classes of the PCI loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system as of December 31, 2020: (Dollars in thousands) Pass Special Mention Substandard Doubtful Total December 31, 2020 Commercial: Commercial Business $ 12,263 $ 136 $ 345 $ 4,860 $ 17,604 Commercial Real Estate 982 3 263 21 1,269 Acquisition & Development 1,900 — — 235 2,135 Total Commercial 15,145 139 608 5,116 21,008 Residential 15,157 — 1,665 121 16,943 Consumer 1,256 — — 232 1,488 Total Loans $ 31,558 $ 139 $ 2,273 $ 5,469 $ 39,439
Classes of the Loan Portfolio Summarized by Aging Categories	The following table presents the classes of the loan portfolio, excluding PCI loans, summarized by aging categories of performing loans and nonaccrual loans as of December 31, 2020 and 2019: (Dollars in thousands) Current 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Total Loans Non-Accrual 90+ Days Still Accruing December 31, 2020 Commercial: Commercial business $ 521,799 $ 1,040 $ 33 $ 1,019 $ 2,092 $ 523,891 $ 8,601 $ — Commercial real estate 422,343 34 212 533 779 423,122 944 — Acquisition and development 109,686 — — 2,440 2,440 112,126 2,534 — SBA PPP 81,975 — — — — 81,975 — — Total commercial 1,135,803 1,074 245 3,992 5,311 1,141,114 12,079 — Residential 235,420 2,058 1,969 817 4,844 240,264 1,534 — Home equity 30,369 289 75 95 459 30,828 95 — Consumer 3,156 — — — — 3,156 5 — Total Loans $ 1,404,748 $ 3,421 $ 2,289 $ 4,904 $ 10,614 $ 1,415,362 $ 13,713 $ — December 31, 2019 Commercial: Commercial business $ 537,602 $ 3,189 $ 47 $ 44 $ 3,280 $ 540,882 $ 2,848 $ — Commercial real estate 411,070 522 178 — 700 411,770 295 — Acquisition and development 110,717 180 — 279 459 111,176 390 — Total commercial 1,059,389 3,891 225 323 4,439 1,063,828 3,533 — Residential 267,515 3,003 549 537 4,089 271,604 1,461 — Home equity 34,382 545 84 95 724 35,106 95 — Consumer 3,610 1 58 28 87 3,697 34 — Total Loans $ 1,364,896 $ 7,440 $ 916 $ 983 $ 9,339 $ 1,374,235 $ 5,123 $ — The following table presents the classes of the PCI loan portfolio summarized by aging categories of performing loans and non-accrual loans as of December 31, 2020: (Dollars in thousands) Current 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due Total Past Due Total Loans Non-Accrual December 31, 2020 Commercial: Commercial Business $ 16,264 $ 71 $ 65 $ 1,204 $ 1,340 $ 17,604 $ — Commercial Real Estate 1,157 — — 112 112 1,269 — Acquisition & Development 2,135 — — — — 2,135 — Total Commercial 19,556 71 65 1,316 1,452 21,008 — Residential 13,714 710 145 2,374 3,229 16,943 — Consumer 1,245 3 1 239 243 1,488 — Total Loans $ 34,515 $ 784 $ 211 $ 3,929 $ 4,924 $ 39,439 $ —
Allowance Activity	The following tables summarize the activity of primary segments of the ALL, excluding the ALL related to PCI loans, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment for the years ending December 31, 2020, 2019 and 2018: (Dollars in thousands) Commercial Residential Home Equity Consumer Total ALL balance at December 31, 2019 $ 10,098 $ 1,272 $ 327 $ 78 $ 11,775 Charge-offs (1,932) (224) (23) — (2,179) Recoveries 22 — 9 3 34 Provision 15,845 684 (15) (30) 16,484 Allowance contributed with mortgage combination transaction — (354) — — (354) ALL balance at December 31, 2020 $ 24,033 $ 1,378 $ 298 $ 51 $ 25,760 Individually evaluated for impairment $ 1,296 $ — $ — $ — $ 1,296 Collectively evaluated for impairment $ 22,737 $ 1,378 $ 298 $ 51 $ 24,464 (Dollars in thousands) Commercial Residential Home Equity Consumer Total ALL balance at December 31, 2018 $ 8,605 $ 1,405 $ 684 $ 245 $ 10,939 Charge-offs (998) — — (10) (1,008) Recoveries 1 1 4 49 55 Provision 2,490 (134) (361) (206) 1,789 ALL balance at December 31, 2019 $ 10,098 $ 1,272 $ 327 $ 78 $ 11,775 Individually evaluated for impairment $ 574 $ — $ — $ — $ 574 Collectively evaluated for impairment $ 9,524 $ 1,272 $ 327 $ 78 $ 11,201 (Dollars in thousands) Commercial Residential Home Equity Consumer Total ALL balance at December 31, 2017 $ 7,804 $ 1,119 $ 705 $ 250 $ 9,878 Charge-offs (1,024) (166) — (290) (1,480) Recoveries 15 22 59 5 101 Provision 1,810 430 (80) 280 2,440 ALL balance at December 31, 2018 $ 8,605 $ 1,405 $ 684 $ 245 $ 10,939 Individually evaluated for impairment $ 1,043 $ — $ — $ — $ 1,043 Collectively evaluated for impairment $ 7,562 $ 1,405 $ 684 $ 245 $ 9,896 The following tables summarize the primary segments of the ALL, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of December 31, 2020 for the PCI loan portfolio: (Dollars in thousands) Residential Total ALL balance as of December 31, 2019 $ — $ — Charge-offs (11) (11) Provision 95 95 ALL balance at December 31, 2020 $ 84 $ 84 Collectively evaluated for impairment $ 84 84
Loans Identified as Troubled Debt Restructuring	The following table presents details related to loans identified as TDRs during the years ended December 31, 2020 and 2019. New TDRs 1 December 31, 2020 December 31, 2019 (Dollars in thousands) Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Commercial: Commercial business 6 $ 6,294 $ 5,326 2 $ 336 $ 333 Commercial real estate 2 159 150 — — — Acquisition and development — — — — — — Total commercial 8 6,453 5,476 2 336 333 Residential 1 87 86 3 246 323 Home equity — — — — — — Consumer — — — — — — Total 9 $ 6,540 $ 5,562 5 $ 582 $ 656 1 The pre-modification and post-modification balances represent the balances outstanding immediately before and after modification of the loan.
Financing Receivable, Accretiable Yield	Accretable yield, or income expected to be collected, is as follows: (Dollars in thousands) As of December 31, 2020 Beginning balance $ — New loans purchased 11,746 Accretion of income (2,945) Reclassification from non-accretable difference (488) Ending balance $ 8,313
Summary of Loans Acquired	PCI loans purchased during 2020, for which it was probable at acquisition that all contractually required payments would not be collected are as follows: (Dollars in thousands) Contractually required payments receivable of loans purchased during the period: Commercial $ 36,046 Residential 47,787 Consumer 2,990 Cash flows expected to be collected at acquisition $ 86,823 Fair value of loans acquired at acquisition $ 50,235 The following table outlines the contractually required payments receivable, cash flows the Company expects to receive, non-accretable credit adjustments and the accretable yield for all First State loans as of the acquisition date: (Dollars in thousands) Contractually Required Payments Receivable Non-Accretable Credit Adjustments Cash Flows Expected to be Collected Accretable FMV Adjustments Carrying Value of Loans Receivable PCI loans $ 86,823 $ 24,842 $ 61,981 $ 11,746 $ 50,235 Purchased performing loans 12,818 2,561 10,257 1,817 8,440 Other purchased loans 1,978 — 1,978 — 1,978 Total $ 101,619 $ 27,403 $ 74,216 $ 13,563 $ 60,653

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of Premises and Equipment	The following table presents the components of premises and equipment at December 31,: (Dollars in thousands) 2020 2019 Land $ 3,936 $ 3,105 Buildings and improvements 14,350 13,352 Furniture, fixtures and equipment 18,701 15,553 Construction in progress 326 1,019 Leasehold improvements 3,079 1,985 40,392 35,014 Accumulated depreciation (14,189) (13,040) Premises and equipment, net $ 26,203 $ 21,974
Summary of Lease Cost	Lease costs were as follows: (Dollars in thousands) December 31, 2020 December 31, 2019 Amortization of right-of-use assets, finance leases $ 65 $ 77 Interest on lease liabilities, finance leases 4 6 Operating lease cost 2,072 2,120 Short-term lease cost 27 72 Variable lease cost 38 38 Total lease cost $ 2,206 $ 2,313
Summary of Finance Lease Liability	Future minimum payments for finance leases and operating leases with initial or remaining terms of one year or more are as follows: December 31, 2020 (Dollars in thousands) Finance Leases Operating Leases 2021 $ 68 $ 1,779 2022 59 1,623 2023 41 1,825 2024 5 1,779 2025 5 1,709 2026 and thereafter 4 14,280 Total future minimum lease payments $ 182 $ 22,995 Less: Amounts representing interest (6) (4,723) Present value of net future minimum lease payments $ 176 $ 18,272
Summary of Operating Lease Liability	Future minimum payments for finance leases and operating leases with initial or remaining terms of one year or more are as follows: December 31, 2020 (Dollars in thousands) Finance Leases Operating Leases 2021 $ 68 $ 1,779 2022 59 1,623 2023 41 1,825 2024 5 1,779 2025 5 1,709 2026 and thereafter 4 14,280 Total future minimum lease payments $ 182 $ 22,995 Less: Amounts representing interest (6) (4,723) Present value of net future minimum lease payments $ 176 $ 18,272

EQUITY METHOD INVESTMENT (Table

EQUITY METHOD INVESTMENT (Tables)	12 Months Ended
	Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	The following table provides summarized income statement information for the Company's equity method investment. As ICM did not exist prior to July 1, 2020, no historical financial information is presented. Twelve Months Ended December 31, (Dollars in thousands) 2020 Total revenues $ 120,323 Gross profit 59,659 Net income 59,761 Gain on sale of loans 100,402 Volume of loans sold 2,948,724

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2020
Deposits [Abstract]
Schedule of Deposits	Deposits at December 31, were as follows: (Dollars in thousands) 2020 2019 Demand deposits of individuals, partnerships and corporations Noninterest-bearing demand $ 715,791 $ 278,547 Interest-bearing demand 496,502 351,435 Savings and money markets 545,501 363,026 Time deposits, including CDs and IRAs 224,595 272,034 Total deposits $ 1,982,389 $ 1,265,042 Time deposits that meet or exceed the FDIC insurance limit $ 16,955 $ 8,955
Maturities of Time Deposits	Maturities of time deposits at December 31, 2020 were as follows (dollars in thousands): 2021 $ 126,863 2022 62,833 2023 20,864 2024 12,705 2025 1,330 Total $ 224,595

BORROWED FUNDS (Tables)

BORROWED FUNDS (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Information Related to Short-term Borrowings	Information related to short-term borrowings is summarized as follows: (Dollars in thousands) 2020 2019 Balance at end of year $ — $ 192,063 Average balance during the year 68,407 187,226 Maximum month-end balance 154,248 240,811 Weighted-average rate during the year 0.58 % 2.24 % Weighted-average rate at December 31 — % 1.81 %
Information Related To Repurchase Agreements	Information related to repurchase agreements is summarized as follows: (Dollars in thousands) 2020 2019 Balance at end of year $ 10,266 $ 10,172 Average balance during the year 9,856 11,252 Maximum month-end balance 10,505 14,655 Weighted-average rate during the year 0.23 % 0.43 % Weighted-average rate at December 31 0.14 % 0.44 %
Information Related to Subordinated Debt	Information related to subordinated debt is summarized as follows: (Dollars in thousands) 2020 2019 Balance at end of year $ 43,407 $ 4,124 Average balance during the year 7,568 12,125 Maximum month-end balance 43,524 17,524 Weighted-average rate during the year 3.45 % 6.35 % Weighted-average rate at December 31 4.02 % 3.51 %

COMMITMENTS AND CONTINGENT LI_2

COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Contractual Amounts of Commitments	Total contractual amounts of the commitments as of December 31, were as follows: (Dollars in thousands) 2020 2019 Available on lines of credit $ 393,814 $ 385,871 Stand-by letters of credit 19,806 18,145 Other loan commitments 22,418 24,821 $ 436,038 $ 428,837

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Provision for Income Taxes	The provisions for income taxes for the years ended December 31, were as follows: (Dollars in thousands) 2020 2019 2018 Current: Federal $ 10,899 $ 10,450 $ 2,203 State 2,019 2,101 1,031 $ 12,918 $ 12,551 $ 3,234 Deferred: Federal $ (3,183) $ (3,716) $ 117 State (203) (237) 22 (3,386) (3,953) 139 Income tax expense $ 9,532 $ 8,598 $ 3,373
Reconciliation of Income Taxes at Federal Statutory Rates to Recorded Income Taxes	Following is a reconciliation of income taxes at federal statutory rates to recorded income taxes for the year ended December 31: 2020 2019 2018 (Dollars in thousands) Amount % Amount % Amount % Income tax at federal statutory rate $ 9,858 21.0 % $ 7,353 21.0 % $ 3,229 21.0 % Tax effect of: State income taxes, net of federal income taxes 1,435 3.1 % 2,101 6.0 % 738 4.8 % Tax exempt earnings (1,381) (3.0) % (856) (2.8) % (594) (3.9) % Other (380) (0.8) % — — % — — % $ 9,532 20.3 % $ 8,598 24.2 % $ 3,373 21.9 %
Deferred Income Tax Assets and (Liabilities)	Deferred income tax assets and liabilities were comprised of the following at December 31: (Dollars in thousands) 2020 2019 Gross deferred tax assets: Allowance for loan losses $ 7,141 $ 3,310 Minimum pension liability 1,544 1,589 SERP/RSU 1,039 652 Other 1,209 10 Total gross deferred tax assets 10,933 5,561 Gross deferred tax liabilities: Depreciation (1,733) (1,505) Pension (262) (164) Unrealized gain on securities available-for-sale (2,320) (1,088) Holding gain on equity securities (3,893) (3,838) Goodwill (2,498) (2,134) Total gross deferred tax liabilities (10,706) (8,729) Net deferred tax assets (liabilities) $ 227 $ (3,168)

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Related Loan Activity	Set forth below is a summary of the related loan activity. (Dollars in thousands) Balance at Beginning of Year Borrowings Executive Officer and Director Retirements Repayments Balance at End of Year December 31, 2020 $ 12,284 $ 24,453 $ (8,187) $ (1,127) $ 27,423 December 31, 2019 $ 27,971 $ 13,897 $ — $ (29,584) $ 12,284

PENSION PLAN (Tables)

PENSION PLAN (Tables)	12 Months Ended
	Dec. 31, 2020
Retirement Benefits [Abstract]
Defined Benefit Plan Activity	Information pertaining to the activity in the Company’s defined benefit plan, using the latest available actuarial valuations with a measurement date of December 31, 2020 and 2019 is as follows: (Dollars in thousands) 2020 2019 Change in benefit obligation Benefit obligation at beginning of year $ 11,435 $ 9,416 Interest cost 365 392 Actuarial loss (54) 99 Assumption changes 1,255 1,769 Benefits paid (286) (241) Benefit obligation at end of year $ 12,715 $ 11,435 Change in plan assets: Fair value of plan assets at beginning of year $ 6,165 $ 5,238 Actual return on plan assets 511 808 Employer contribution 706 360 Benefits paid (286) (241) Fair value of plan assets at end of year $ 7,096 $ 6,165 Funded status $ (5,619) $ (5,270) Unrecognized net actuarial loss 6,591 5,883 Prepaid pension cost recognized $ 972 $ 613 Accumulated benefit obligation $ 12,715 $ 11,435
Weighted Average Assumptions Used	At December 31, 2020, 2019 and 2018, the weighted-average assumptions used to determine the benefit obligation are as follows: 2020 2019 2018 Discount rate 2.50 % 3.24 % 4.23 % Rate of compensation increase N/A N/A N/A For the years December 31, 2020, 2019 and 2018, the weighted-average assumptions used to determine net periodic pension cost are as follows: 2020 2019 2018 Discount rate 2.50 % 3.24 % 3.55 % Expected long-term rate of return on plan assets 6.75 % 6.75 % 6.75 % Rate of compensation increase N/A N/A N/A
Components of Net Periodic Pension Cost	The components of net periodic pension cost are as follows: (Dollars in thousands) 2020 2019 2018 Interest cost $ 365 $ 392 $ 352 Expected return on plan assets (438) (407) (372) Amortization of net actuarial loss 420 271 306 Net periodic pension cost $ 347 $ 256 $ 286
Pension Plan Asset Allocations	The Company’s pension plan asset allocations at December 31, 2020 and 2019 are as follows: 2020 2019 Plan Assets Cash 9 % 4 % Fixed income 20 % 23 % Alternative investments 19 % 15 % Domestic equities 27 % 33 % Foreign equities 24 % 24 % Real estate investment trusts 1 % 1 % Total 100 % 100 %
Plan Assets at Fair Value by Level	The following table sets forth by level within the fair value hierarchy, as defined in Note 18 – Fair Value Measurements , the Pension Plan’s assets at fair value as of December 31, 2020. (Dollars in thousands) Level I Level II Level III Total Assets: Cash $ 639 $ — $ — $ 639 Fixed income 1,419 — — 1,419 Alternative investments — — 1,348 1,348 Domestic equities 1,916 — — 1,916 Foreign equities 1,703 — — 1,703 Real estate investment trusts — — 71 71 Total assets at fair value $ 5,677 $ — $ 1,419 $ 7,096 The following table sets forth by level, within the fair value hierarchy, as defined in Note 18 – Fair Value Measurements, the Pension Plan’s assets at fair value as of December 31, 2019. (Dollars in thousands) Level I Level II Level III Total Assets: Cash $ 247 $ — $ — $ 247 Fixed income 1,418 — — 1,418 Alternative investments — — 925 925 Domestic equities 2,034 — — 2,034 Foreign equities 1,480 — — 1,480 Real estate investment trusts — — 61 61 Total assets at fair value $ 5,179 $ — $ 986 $ 6,165
Estimate of Plan Contributions in Future Years	The following table includes the Company's best estimate of the plan contribution for next fiscal year and the benefits expected to be paid in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. (Dollars in thousands) Cash Flow Contributions for the period of January 1, 2021 through December 31, 2021 $ 199 Estimated future benefit payments reflecting expected future service 2021 $ 344 2022 $ 407 2023 $ 423 2024 $ 445 2025 $ 508 2026 through 2030 $ 2,652

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amounts of Goodwill and Other Intangibles	The table below summarizes the changes in carrying amounts of goodwill and other intangibles, including core deposit intangibles, for the periods presented: Intangibles (Dollars in thousands) Goodwill Gross Accumulated Depreciation Net Balance at January 1, 2020 $ 19,630 $ 4,226 $ (753) $ 3,473 Reduction of goodwill and intangibles from sale of branches to Summit (1,598) (845) 441 (404) Intangibles resulting from First State acquisition — 560 — 560 Reduction of goodwill from ICM transaction (16,882) — — — Goodwill resulting from Paladin acquisition 1,200 — — — Amortization expense — — (1,229) (1,229) Balance at December 31, 2020 $ 2,350 $ 3,941 $ (1,541) $ 2,400 Balance at January 1, 2019 $ 18,480 $ 1,006 $ (456) $ 550 Goodwill and intangibles resulting from Chartwell acquisition 1,150 3,220 — 3,220 Amortization expense — — (297) (297) Balance at December 31, 2019 $ 19,630 $ 4,226 $ (753) $ 3,473 Balance at January 1, 2018 $ 18,480 $ 1,006 $ (360) $ 646 Amortization expense — — (96) (96) Balance at December 31, 2018 $ 18,480 $ 1,006 $ (456) $ 550
Estimated Amortization Expense for Other Intangible Assets	The table below presents estimated amortization expense for the Company’s other intangible assets (dollars in thousands): 2021 $ 616 2022 616 2023 507 2024 235 2025 47 Thereafter 379 $ 2,400

STOCK OPTIONS AND OTHER EQUIT_2

STOCK OPTIONS AND OTHER EQUITY AWARDS (Tables)	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Summary of Stock-Based Compensation Expense	The amount that the Company recognized in stock-based compensation expense related to the issuance of stock options and RSUs is presented in the following table: (Dollars in thousands) 2020 2019 2018 Stock Options $ 950 $ 873 $ 936 RSUs 1,403 886 331 Total Stock-based compensation expense $ 2,353 $ 1,759 $ 1,267
Stock Option Activity	The following summarizes stock options as of and for the year ended December 31, 2020 and 2019 and the changes for the years then ended: 2020 Number of Shares Weighted-Average Exercise Price Outstanding at beginning of year 1,593,241 $ 14.96 Granted 126,250 18.11 Exercised (305,697) 14.36 Forfeited (9,750) 16.85 Expired (7,250) 14.78 Outstanding at end of year 1,396,794 $ 15.36 Exercisable at end of year 947,988 $ 14.66 Weighted-average fair value of options granted during 2020 $ 4.48 Weighted-average fair value of options granted during 2019 $ 4.22 Weighted-average fair value of options granted during 2018 $ 5.97
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The fair value for the options was estimated at the date of grant using a Black-Scholes option-pricing model with the following inputs: 2020 2019 2018 Average risk-free interest rates 0.66 % 2.02 % 2.81 % Weighted-average life seven years seven years seven years Expected volatility 30.9 % 21.8 % 18.6 % Expected dividend yield 2.20 % 0.84 % 0.54 %
Outstanding and Exercisable Options Information	The following summarizes information related to the total outstanding and exercisable stock options at December 31, 2020: Options Outstanding Options Exercisable Total Options Weighted-Average Exercise Price Intrinsic Value (in millions) Weighted-Average Remaining Life Total Options Weighted-Average Exercise Price Intrinsic Value (in millions) Weighted-Average Remaining Life 1,396,794 $15.36 $10.2 5.64 947,988 $14.66 $7.6 4.80
Summary of RSUs	A summary of the activity for the Company’s RSUs for the period indicated is presented in the following table: 2020 Shares Weighted-Average Grant Date Fair Value Balance at beginning of year 160,758 $ 16.67 Granted 153,642 13.08 Vested (53,981) 15.36 Forfeited (7,383) 16.55 Balance at end of year 253,036 $ 14.70 Weighted-average fair value of RSUs granted during 2020 $ 13.08 Weighted-average fair value of RSUs granted during 2019 $ 15.50 Weighted-average fair value of RSUs granted during 2018 $ 19.33

REGULATORY CAPITAL REQUIREMEN_2

REGULATORY CAPITAL REQUIREMENTS (Tables)	12 Months Ended
	Dec. 31, 2020
Banking and Thrift, Other Disclosures [Abstract]
Actual Capital Amounts and Ratios	Both the Company’s and the Bank’s actual capital amounts and ratios are presented in the table below. Actual Minimum Capital Requirement Minimum to be Well Capitalized (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2020 Total Capital (to risk-weighted assets) Subsidiary Bank $ 273,318 15.8% $ 138,277 8.0% $ 172,846 10.0% Tier 1 Capital (to risk-weighted assets) Subsidiary Bank $ 251,565 14.6% $ 103,708 6.0% $ 138,277 8.0% Common Equity Tier 1 Capital (to risk-weighted assets) Subsidiary Bank $ 251,565 14.6% $ 77,781 4.5% $ 112,350 6.5% Tier 1 Capital (to average assets) Subsidiary Bank $ 251,565 11.0% $ 91,269 4.0% $ 114,086 5.0% As of December 31, 2019 Total Capital (to risk-weighted assets) Subsidiary Bank $ 201,672 12.8% $ 125,686 8.0% $ 157,107 10.0% Tier 1 Capital (to risk-weighted assets) Subsidiary Bank $ 189,365 12.1% $ 94,264 6.0% $ 125,686 8.0% Common Equity Tier 1 Capital (to risk-weighted assets) Subsidiary Bank $ 189,365 12.1% $ 70,698 4.5% $ 102,120 6.5% Tier 1 Capital (to average assets) Subsidiary Bank $ 189,365 9.9% $ 76,182 4.0% $ 95,227 5.0%

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Carrying Values and Estimated Fair Values of Financial Instruments	The carrying values and estimated fair values of financial instruments are summarized as follows: Fair Value Measurements at: (Dollars in thousands) Carrying Value Estimated Fair Value Quoted Prices in Active Markets for Identical Assets (Level I) Significant Other Observable Inputs (Level II) Significant Unobservable Inputs (Level III) December 31, 2020 Financial assets: Cash and cash equivalents $ 263,893 $ 263,893 $ 263,893 $ — $ — Certificates of deposit with banks 11,803 11,986 — 11,986 — Securities available-for-sale 410,624 410,624 — 366,945 43,679 Equity securities 27,585 27,585 472 — 27,113 Loans held-for-sale 1,062 1,062 — 1,062 — Loans 1,427,900 1,434,275 — — 1,434,275 Mortgage servicing rights 2,942 2,942 — — 2,942 Interest rate swap 13,822 13,822 — 13,822 — Accrued interest receivable 7,793 7,793 — 2,770 5,023 Fair value hedge 2,215 2,215 — 2,215 — Bank-owned life insurance 41,262 41,262 — 41,262 — Financial liabilities: Deposits $ 1,982,389 $ 1,964,860 $ — $ 1,964,860 $ — Repurchase agreements 10,266 10,266 — 10,266 — Fair value hedge 2,141 2,141 — 2,141 — Interest rate swap 13,822 13,822 — 13,822 — Accrued interest payable 572 572 — 572 — Subordinated debt 43,407 45,536 — 45,536 — December 31, 2019 Financial assets: Cash and cash equivalents $ 28,002 $ 28,002 $ 28,002 $ — $ — Certificates of deposits with banks 12,549 12,586 — 12,586 — Securities available-for-sale 235,821 235,821 — 198,562 37,259 Equity securities 18,514 18,514 — — 18,514 Loans held-for-sale 109,788 109,788 — 109,788 — Loans 1,362,766 1,364,706 — — 1,364,706 Mortgage servicing rights 348 348 — — 348 Interest rate lock commitment 1,660 1,660 — — 1,660 Interest rate swap 5,722 5,722 — 5,722 — Fair value hedge 1,770 1,770 — 1,770 — Accrued interest receivable 7,909 7,909 — 1,592 6,317 Bank-owned life insurance 35,374 35,374 — 35,374 — Financial liabilities: Deposits $ 1,265,042 $ 1,249,135 $ — $ 1,249,135 $ — Repurchase agreements 10,172 10,172 — 10,172 — FHLB and other borrowings 222,885 222,891 — 222,891 — Mortgage-backed security hedges 186 186 — 186 — Fair value hedge 1,418 1,418 — 1,418 Interest rate swap 5,722 5,722 — 5,722 — Accrued interest payable 1,060 1,060 — 1,060 — Subordinated debt 4,124 4,124 — 4,124 —

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2020
Fair value of assets and liabilities
Schedule of Recurring Level III Assets	The following table represents recurring Level III assets: (Dollars in thousands) Interest Rate Lock Commitments Municipal Securities Equity Securities Total Balance at December 31, 2019 $ 1,660 $ 37,259 $ — $ 38,919 Realized and unrealized gains (losses) included in earnings (1,660) 3 — (1,657) Purchase of securities — 22,228 — 22,228 Maturities/calls — (15,778) — (15,778) Unrealized gain included in other comprehensive income (loss) — 7,119 — 7,119 Unrealized loss included in other comprehensive income (loss) — (7,152) — (7,152) Balance at December 31, 2020 $ — $ 43,679 $ — $ 43,679 Balance at December 31, 2018 $ 1,750 $ 33,122 $ 300 $ 35,172 Realized and unrealized losses included in earnings (90) — — (90) Purchase of securities — 842 — 842 Reclassification to nonrecurring assets — — (300) (300) Maturities/calls — (15,716) — (15,716) Unrealized gain included in other comprehensive income (loss) — 34,702 — 34,702 Unrealized loss included in other comprehensive income (loss) — (15,691) — (15,691) Balance at December 31, 2019 $ 1,660 $ 37,259 $ — $ 38,919
Quantitative Information About the Level III Significant Unobservable Inputs for Assets and Liabilities Measured at Fair Value on Nonrecurring Basis	The following tables presents quantitative information about the Level III significant unobservable inputs for assets and liabilities measured at fair value at December 31, 2020 and 2019. Quantitative Information about Level III Fair Value Measurements (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2020 Nonrecurring measurements: Impaired loans $ 14,098 Appraisal of collateral 1 Appraisal adjustments 2 20% - 62% Liquidation expense 2 5% - 10% Other real estate owned $ 5,730 Appraisal of collateral 1 Appraisal adjustments 2 20% - 30% Liquidation expense 2 5% - 10% Other debt securities $ 7,500 Net asset value Cost minus impairment —% Equity securities $ 27,113 Net asset value Cost minus impairment —% Recurring measurements: Municipal securities (Local TIF bonds) $ 43,679 Appraisal of bond 3 Bond appraisal adjustment 4 5% - 15% Quantitative Information about Level III Fair Value Measurements (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range December 31, 2019 Nonrecurring measurements: Impaired loans $ 8,909 Appraisal of collateral 1 Appraisal adjustments 2 20% - 62% Liquidation expense 2 5% - 10% Other real estate owned $ 1,397 Appraisal of collateral 1 Appraisal adjustments 2 20% - 30% Liquidation expense 2 5% - 10% Equity securities $ 18,514 Net asset value Cost minus impairment —% Recurring measurements: Municipal securities (Local TIF bonds) $ 37,259 Appraisal of bond 3 Bond appraisal adjustment 4 5% - 15% Interest rate lock commitments $ 1,660 Pricing model Pull through rates 77% - 82% 1 Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level III inputs which are not identifiable. 2 Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted-average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. 3 Fair value determined through independent analysis of liquidity, rating, yield and duration. 4 Appraisals may be adjusted for qualitative factors, such as local economic conditions.
Recurring
Fair value of assets and liabilities
Financial Assets and Liabilities Measured at Fair Value	The following tables present the assets reported on the consolidated statements of financial condition at their fair value on a recurring basis as of December 31, 2020 and 2019 by level within the fair value hierarchy. December 31, 2020 (Dollars in thousands) Level I Level II Level III Total Assets: United States government agency securities $ — $ 56,992 $ — $ 56,992 United States sponsored mortgage-backed securities — 95,769 — 95,769 Municipal securities — 188,208 43,679 231,887 Other securities — 18,476 — 18,476 Equity securities 472 — — 472 Loans held-for-sale — 1,062 — 1,062 Interest rate swap — 13,822 — 13,822 Fair value hedge — 2,215 — 2,215 Liabilities: Interest rate swap — 13,822 — 13,822 Fair value hedge — 2,141 — 2,141 December 31, 2019 (Dollars in thousands) Level I Level II Level III Total Assets: United States government agency securities $ — $ 51,996 $ — $ 51,996 United States sponsored mortgage-backed securities — 58,312 — 58,312 Municipal securities — 75,833 37,259 113,092 Other securities — 12,421 — 12,421 Loans held-for-sale — 109,788 — 109,788 Interest rate lock commitment — — 1,660 1,660 Interest rate swap — 5,722 — 5,722 Fair value hedge — 1,770 — 1,770 Liabilities: Interest rate swap — 5,722 — 5,722 Fair value hedge — 1,418 — 1,418 Mortgage-backed security hedges — 186 — 186
Non-recurring
Fair value of assets and liabilities
Financial Assets and Liabilities Measured at Fair Value	Assets measured at fair value on a nonrecurring basis as of December 31, 2020 and 2019 are included in the table below: December 31, 2020 (Dollars in thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 14,098 $ 14,098 Other real estate owned — — 5,730 5,730 Other debt securities — — 7,500 7,500 Equity securities — — 27,113 27,113 December 31, 2019 (Dollars in thousands) Level I Level II Level III Total Impaired loans $ — $ — $ 8,909 $ 8,909 Other real estate owned — — 1,397 1,397 Equity securities — — 18,514 18,514

COMPREHENSIVE INCOME (Tables)

COMPREHENSIVE INCOME (Tables)	12 Months Ended
	Dec. 31, 2020
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Reclassification Out of Accumulated Other Comprehensive Income	The following tables present the components of accumulated other comprehensive income (“AOCI”) for the years ended December 31: (Dollars in thousands) 2020 2019 2018 Details about AOCI Components Amount Reclassified from AOCI Amount Reclassified from AOCI Amount Reclassified from AOCI Consolidated Statement of Income Line Item Available-for-sale securities Unrealized holding gain (loss) $ 914 $ (166) $ 327 Gain (loss) on sale of available-for-sale securities 914 (166) 327 Total before tax (214) 44 (88) Income tax expense 700 (122) 239 Net of tax Defined benefit pension plan items Amortization of net actuarial loss (420) (271) (306) Salaries and employee benefits (420) (271) (306) Total before tax 98 73 83 Income tax expense (322) (198) (223) Net of tax Investment hedge Carrying value adjustment 473 (44) — Interest on investment securities 473 (44) — Total before tax (128) 12 — Income tax expense 345 (32) — Net of tax Total reclassifications $ 723 $ (352) $ 16
Components of Accumulated Other Comprehensive Income	(Dollars in thousands) Unrealized gains (losses) on available for-sale securities Defined benefit pension plan items Investment Hedge Total Balance at January 1, 2020 $ 2,942 $ (4,295) $ 32 $ (1,321) Other comprehensive income (loss) before reclassification 5,344 (1,074) — 4,270 Amounts reclassified from AOCI (700) 322 (345) (723) Net current period OCI 4,644 (752) (345) 3,547 Balance at December 31, 2020 $ 7,586 $ (5,047) $ (313) $ 2,226 Balance at January 1, 2019 $ (3,384) $ (3,422) $ — $ (6,806) Other comprehensive income (loss) before reclassification 6,204 (1,071) — 5,133 Amounts reclassified from AOCI 122 198 32 352 Net current period OCI 6,326 (873) 32 5,485 Balance at December 31, 2019 $ 2,942 $ (4,295) $ 32 $ (1,321)

CONDENSED FINANCIAL STATEMENT_2

CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY (Tables)	12 Months Ended
	Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]
Condensed Balance Sheets	Condensed Balance Sheets December 31, (Dollars in thousands) 2020 2019 Assets Cash $ 15,566 $ 1,058 Investment in subsidiaries 265,679 211,271 Other assets 6,077 6,397 Total assets $ 287,322 $ 218,726 Liabilities and stockholders’ equity Other liabilities $ 4,432 $ 2,666 Subordinated debt 43,407 4,124 Total liabilities 47,839 6,790 Total stockholders’ equity 239,483 211,936 Total liabilities and stockholders’ equity $ 287,322 $ 218,726
Condensed Statements of Income	Condensed Statements of Income Year ended December 31, (Dollars in thousands) 2020 2019 2018 Income, dividends from Bank subsidiary $ 6,688 $ 6,280 $ 8,906 Operating expenses 16,804 14,296 13,439 Loss from continuing operations, before income taxes (10,116) (8,016) (4,533) Income tax benefit - continuing operations (2,082) (1,880) (1,569) Net loss from continuing operations (8,034) (6,136) (2,964) Income from discontinued operations, before income taxes — 575 — Income tax expense - discontinued operations — 148 — Net income from discontinued operations — 427 — Equity in undistributed income earnings of subsidiaries 45,445 32,700 14,967 Net income $ 37,411 $ 26,991 $ 12,003 Preferred dividends $ 461 $ 479 $ 489 Net income available to common shareholders $ 36,950 $ 26,512 $ 11,514
Condensed Statements of Cash Flows	Condensed Statements of Cash Flows (Dollars in thousands) 2020 2019 2018 OPERATING ACTIVITIES Net income $ 37,411 $ 26,991 $ 12,003 Equity in undistributed earnings of subsidiaries (45,445) (32,700) (14,967) Stock-based compensation 2,353 1,759 1,267 Other assets (2,101) (4,104) 1,997 Other liabilities 1,767 344 1,311 Net cash from operating activities (6,015) (7,710) 1,611 INVESTING ACTIVITIES Investment in subsidiaries (2,982) 16,791 (2,194) Net cash from investing activities (2,982) 16,791 (2,194) FINANCING ACTIVITIES Proceeds from stock issuance 240 1,033 — AOCI reclassification of pension and available-for-sale investments — — 743 Subordinated debt issuance (redemption) 40,000 (12,400) (35) Common stock repurchased (15,746) — — Preferred stock redemption — (500) — Common stock options exercised 4,464 2,164 2,129 Cash dividends paid on common stock (4,275) (2,290) (1,220) Cash dividends paid on preferred stock (461) (479) (489) Net cash from financing activities 24,222 (12,472) 1,128 Net change in cash 15,225 (3,391) 545 Cash at beginning of period 1,058 4,449 3,904 Cash at end of period $ 16,283 $ 1,058 $ 4,449 Noncash common stock converted from subordinated debt $ — $ 1,000 $ 15,965

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
Information About the Reportable Segments and Reconciliation to the Consolidated Financial Statements	Information about the reportable segments and reconciliation to the consolidated financial statements for the years ended December 31, 2020, 2019 and 2018 are as follows: 2020 (Dollars in thousands) CoRe Banking Mortgage Banking Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 75,812 $ 6,269 $ 3 $ (1,631) $ 80,453 Interest expense 10,400 3,139 261 (2,173) 11,627 Net interest income (loss) 65,412 3,130 (258) 542 68,826 Provision for (recovery of) loan losses 16,649 (70) — — 16,579 Net interest income after provision for loan losses 48,763 3,200 (258) 542 52,247 Noninterest Income: Mortgage fee income 247 33,722 — (542) 33,427 Other income 30,082 29,768 6,685 (8,125) 58,410 Total noninterest income 30,329 63,490 6,685 (8,667) 91,837 Noninterest Expenses: Salaries and employee benefits 28,801 21,550 11,278 — 61,629 Other expenses 33,298 5,074 5,265 (8,125) 35,512 Total noninterest expenses 62,099 26,624 16,543 (8,125) 97,141 Income (loss) before income taxes 16,993 40,066 (10,116) — 46,943 Income tax expense (benefit) 1,752 9,862 (2,082) — 9,532 Net income (loss) $ 15,241 $ 30,204 $ (8,034) $ — $ 37,411 Preferred stock dividends — — 461 — 461 Net income (loss) available to common shareholders $ 15,241 $ 30,204 $ (8,495) $ — $ 36,950 Capital Expenditures for the year ended December 31, 2020 $ 6,439 $ 99 $ 77 $ — $ 6,615 Total Assets as of December 31, 2020 2,343,556 58,140 284,943 (355,163) 2,331,476 Goodwill as of December 31, 2020 2,350 — — — 2,350 2019 (Dollars in thousands) CoRe Banking Mortgage Banking Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 75,874 $ 8,342 $ 13 $ (1,868) $ 82,361 Interest expense 18,698 6,014 769 (2,520) 22,961 Net interest income 57,176 2,328 (756) 652 59,400 Provision for loan losses 1,622 167 — — 1,789 Net interest income after provision for loan losses 55,554 2,161 (756) 652 57,611 Noninterest Income: Mortgage fee income 657 41,040 — (652) 41,045 Other income 23,033 1,289 6,268 (7,031) 23,559 Total noninterest income 23,690 42,329 6,268 (7,683) 64,604 Noninterest Expenses: Salaries and employee benefits 19,067 28,432 8,676 — 56,175 Other expenses 25,070 8,136 4,851 (7,031) 31,026 Total noninterest expenses 44,137 36,568 13,527 (7,031) 87,201 Income (loss) from continuing operations, before income taxes 35,107 7,922 (8,015) — 35,014 Income tax expense (benefit) - continuing operations 8,175 2,155 (1,880) — 8,450 Net income (loss) from continuing operations 26,932 5,767 (6,135) — 26,564 Income from discontinued operations, before income taxes — — 575 — 575 Income tax expense - discontinued operations — — 148 — 148 Net income from discontinued operations — — 427 — 427 Net income (loss) 26,932 5,767 (5,708) — 26,991 Preferred stock dividends — — 479 — 479 Net income (loss) available to common shareholders $ 26,932 $ 5,767 $ (6,187) $ — $ 26,512 Capital Expenditures for the year ended December 31, 2019 $ 1,438 $ 112 $ 492 $ — $ 2,042 Total Assets as of December 31, 2019 1,953,975 248,382 216,411 (474,564) 1,944,114 Goodwill as of December 31, 2019 2,748 16,882 — — 19,630 2018 (Dollars in thousands) CoRe Banking Mortgage Banking Financial Holding Company Intercompany Eliminations Consolidated Interest income $ 63,762 $ 6,667 $ 5 $ (674) $ 69,760 Interest expense 13,667 4,085 1,756 (1,802) 17,706 Net interest income 50,095 2,582 (1,751) 1,128 52,054 Provision for loan losses 2,386 54 — — 2,440 Net interest income after provision for loan losses 47,709 2,528 (1,751) 1,128 49,614 Noninterest Income: Mortgage fee income 585 32,880 — (1,128) 32,337 Other income 6,479 (243) 6,411 (6,344) 6,303 Total noninterest income 7,064 32,637 6,411 (7,472) 38,640 Noninterest Expenses: Salaries and employee benefits 14,924 23,927 7,373 — 46,224 Other expenses 20,081 8,608 4,309 (6,344) 26,654 Total noninterest expenses 35,005 32,535 11,682 (6,344) 72,878 Income (loss) before income taxes 19,768 2,630 (7,022) — 15,376 Income tax expense (benefit) 4,265 677 (1,569) — 3,373 Net income (loss) $ 15,503 $ 1,953 $ (5,453) $ — $ 12,003 Preferred stock dividends — — 489 — 489 Net income (loss) available to common shareholders $ 15,503 $ 1,953 $ (5,942) $ — $ 11,514 Capital Expenditures for the year ended December 31, 2018 $ 2,284 $ 272 $ 137 $ — $ 2,693

QUARTERLY FINANCIAL DATA (UNA_2

QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Data	Earnings Per Share (Dollars in thousands) Interest Income Net Interest Income Income Before Taxes Net Income Basic Diluted 2020 First quarter $ 20,699 $ 16,171 $ 1,227 $ 1,048 $ 0.08 $ 0.08 Second quarter 21,774 18,458 24,042 18,034 1.50 1.49 Third quarter 18,627 16,510 8,512 6,491 0.53 0.53 Fourth quarter 19,353 17,687 13,162 11,838 1.00 0.97 Earnings Per Share (Dollars in thousands) Interest Income Net Interest Income Income Before Taxes Net Income Basic Diluted 2019 First quarter $ 19,623 $ 13,972 $ 3,989 $ 3,192 $ 0.26 $ 0.26 Second quarter 20,470 14,529 20,526 15,377 1.31 1.18 Third quarter 21,038 15,034 5,668 4,327 0.36 0.35 Fourth quarter 21,230 15,865 5,406 4,095 0.34 0.32

ACQUISITIONS AND DIVESTITURES (

ACQUISITIONS AND DIVESTITURES (Tables)	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Summary of Net Liabilities Assumed	As explained in the notes that accompany the following table, the assets acquired and liabilities assumed were recorded at the acquisition date fair value. (Dollars in thousands) As recorded by The First State Bank Fair Value Adjustments As recorded by MVB Assets Cash and cash equivalents $ 26,053 $ — $ 26,053 Investment securities - available-for-sale, at fair value 10,964 — 10,964 Loans 83,514 (22,861) (a) 60,653 OREO 22,610 (10,520) (b) 12,090 Premises and equipment, net 1,582 (12) (c) 1,570 Accrued interest receivable and other assets 2,234 211 (d) 2,445 Total Assets $ 146,957 $ (33,182) $ 113,775 Liabilities Deposits - transaction accounts $ 70,931 $ — $ 70,931 Deposits - certificates of deposit 69,029 2,560 (e) 71,589 Total deposits 139,960 2,560 142,520 FHLB and other borrowings 5,800 — 5,800 Accrued interest payable and other liabilities 411 — 411 Total Liabilities $ 146,171 $ 2,560 $ 148,731 Net identifiable assets acquired over/(under) liabilities assumed $ 786 $ (35,742) $ (34,956) (a) Adjustment reflects the fair value adjustments based on the Company's evaluation of the acquired loan portfolio and excludes the allowance for loan losses recorded by First State. (b) Adjustment reflects the fair value of OREO acquired. (c) Adjustment reflects the fair value adjustments based on the Company's evaluation of the acquired premises and equipment. (d) Adjustment reflects the recording of the core deposit intangible on the acquired deposit accounts and the fair value adjustment to other assets. (e) Adjustment arises since the interest rates paid on interest-bearing deposits where higher than rates available in the market on similar deposits as of the acquisition date. The following table summarizes the assets acquired and liabilities assumed in the First State acquisition as of the acquisition date, and the pre-tax bargain purchase gain of $4.7 million recognized on the transaction, which is included in gains on acquisition and divestiture activity in the consolidated statements of income. (Dollars in thousands) Assets acquired at fair value: Cash and cash equivalents $ 26,053 Investment securities - available-for-sale, at fair value 10,964 Loans 60,653 OREO 12,090 Premises and equipment, net 1,570 Accrued interest receivable and other assets 2,445 Total fair value of assets acquired $ 113,775 Liabilities assumed at fair value: Deposits $ 142,520 FHLB and other borrowings 5,800 Accrued interest payable and other liabilities 411 Total fair value of liabilities acquired $ 148,731 Net assets assumed at fair value $ (34,956) Transaction cash consideration received from the FDIC 39,627 Bargain purchase gain, before tax $ 4,671
Summary of Loans Acquired	PCI loans purchased during 2020, for which it was probable at acquisition that all contractually required payments would not be collected are as follows: (Dollars in thousands) Contractually required payments receivable of loans purchased during the period: Commercial $ 36,046 Residential 47,787 Consumer 2,990 Cash flows expected to be collected at acquisition $ 86,823 Fair value of loans acquired at acquisition $ 50,235 The following table outlines the contractually required payments receivable, cash flows the Company expects to receive, non-accretable credit adjustments and the accretable yield for all First State loans as of the acquisition date: (Dollars in thousands) Contractually Required Payments Receivable Non-Accretable Credit Adjustments Cash Flows Expected to be Collected Accretable FMV Adjustments Carrying Value of Loans Receivable PCI loans $ 86,823 $ 24,842 $ 61,981 $ 11,746 $ 50,235 Purchased performing loans 12,818 2,561 10,257 1,817 8,440 Other purchased loans 1,978 — 1,978 — 1,978 Total $ 101,619 $ 27,403 $ 74,216 $ 13,563 $ 60,653
Pro Forma Information	The actual results and pro forma information were as follows: Year Ended December 31, (Dollars in thousands) Revenue Net Income 2020: Actual First State results included in consolidated statement of income since acquisition date $ 8,793 $ 3,351 Supplemental consolidated pro forma as if First State had been acquired January 1, 2019 $ 157,180 $ 34,522 2019: Supplemental consolidated pro forma as if First State had been acquired January 1, 2019 $ 133,429 $ 29,290
Assets and Liabilities of Branches Held for Sale	Assets to be acquired and liabilities to be assumed that were classified as held-for-sale as of December 31, 2019 are summarized as follows: (Dollars in thousands) As of December 31, 2019, Loans $ 42,916 Premises and equipment, net 3,638 Assets of branches held-for-sale $ 46,554 Noninterest-bearing deposits $ 19,251 Interest-bearing deposits 169,019 Deposits of branches held-for-sale $ 188,270

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Other Narrative (Details) $ / shares in Units, shares in Millions	1 Months Ended	12 Months Ended
	Aug. 31, 2020USD ($)	Dec. 31, 2020USD ($)segmentinvestmentmethod$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)shares	Jul. 31, 2020USD ($)	Apr. 30, 2020numberOfBank	Nov. 30, 2019numberOfBank
Summary of Significant Accounting Policies [Line Items]
Branch locations acquired, number | numberOfBank						3
Number of equity method investments | investment		1
Period past due for loans to be considered as delinquent		90 days
Total valuation methods used on impaired loans | method		3
Total loans serviced for others		$ 2,900,000	$ 300,000
Other real estate		5,700,000	1,400,000
Marketing expense		1,096,000	$ 1,290,000	$ 1,141,000
Change in tax rate				$ 600,000
Deferred income tax valuation allowance		0
Liability for uncertain tax positions		0
Unrecognized tax benefits		$ 0
Number of reportable segments | segment		3
Stock Options
Summary of Significant Accounting Policies [Line Items]
Antidilutive securities (in shares) | shares		0.5	0.4	0.3
Grand Software
Summary of Significant Accounting Policies [Line Items]
Payments for asset acquisitions	$ 1,000,000
Berkeley County, WV
Summary of Significant Accounting Policies [Line Items]
Branch locations held for sale, number | numberOfBank							3
Jefferson County, WV
Summary of Significant Accounting Policies [Line Items]
Branch locations held for sale, number | numberOfBank							1
Minimum | Building and Leasehold Improvements
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives		7 years
Minimum | Furniture, Fixtures And Equipment
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives		3 years
Maximum | Building and Leasehold Improvements
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives		40 years
Maximum | Furniture, Fixtures And Equipment
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives		10 years
Subsidiary Bank
Summary of Significant Accounting Policies [Line Items]
FHLB stock		$ 2,800,000	$ 15,000,000
FHLB stock par value (in dollars per share) | $ / shares		$ 100	$ 100
Intercoastal
Summary of Significant Accounting Policies [Line Items]
Percentage of common interest acquired					47.00%
Preferred units acquired					$ 7,500,000

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Derivative Instruments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Minimum
Derivative [Line Items]
Period between issuance of a loan commitment and closing and sale of the loan	30 days
Maximum
Derivative [Line Items]
Period between issuance of a loan commitment and closing and sale of the loan	120 days
Level III
Derivative [Line Items]
Interest rate lock commitments	$ 43,679,000	$ 38,919,000	$ 35,172,000
Forward Sales Commitments
Derivative [Line Items]
Derivative liability	0	0
Fair value hedge
Derivative [Line Items]
Notional amount	23,000,000	30,000,000
Carrying Value | Interest rate lock commitment
Derivative [Line Items]
Derivative asset		1,660,000
Carrying Value | Interest rate swap
Derivative [Line Items]
Derivative liability	13,822,000	5,722,000
Derivative asset	13,822,000	5,722,000
Carrying Value | Fair value hedge
Derivative [Line Items]
Derivative liability	2,141,000	1,418,000
Derivative asset	2,215,000	1,770,000
Derivative fair value	100,000	400,000
Estimated Fair Value | Interest rate lock commitment
Derivative [Line Items]
Derivative asset		1,660,000
Estimated Fair Value | Interest rate lock commitment | Level III
Derivative [Line Items]
Derivative asset		1,660,000
Estimated Fair Value | Interest rate swap
Derivative [Line Items]
Derivative liability	13,822,000	5,722,000
Derivative asset	13,822,000	5,722,000
Estimated Fair Value | Interest rate swap | Level III
Derivative [Line Items]
Derivative liability	0	0
Derivative asset	0	0
Estimated Fair Value | Fair value hedge
Derivative [Line Items]
Derivative liability	2,141,000	1,418,000
Derivative asset	2,215,000	1,770,000
Estimated Fair Value | Fair value hedge | Level III
Derivative [Line Items]
Derivative liability	0
Derivative asset	0	0
Interest Rate Lock Commitments | Interest rate lock commitment | Level III
Derivative [Line Items]
Interest rate lock commitments	$ 0	$ 1,660,000	$ 1,750,000

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Numerator for basic earnings per share:
Net income from continuing operations									$ 37,411	$ 26,564	$ 12,003
Less: Dividends on preferred stock									461	479	489
Net income from continuing operations available to common shareholders - basic									36,950	26,085	11,514
Net income from discontinued operations available to common shareholders - basic and diluted									0	427	0
Net income available to common shareholders									36,950	26,512	11,514
Numerator for diluted earnings per share:
Net income from continuing operations available to common shareholders - basic									36,950	26,085	11,514
Add: Dividends on preferred stock									0	0	489
Add: Interest on subordinated debt (tax effected)									0	0	753
Net income available to common shareholders from continuing operations - diluted									$ 36,950	$ 26,085	$ 12,756
Denominator:
Total average shares outstanding (in shares)									11,821,574	11,713,885	11,030,984
Effect of dilutive convertible preferred stock (in shares)									0	0	489,625
Effect of dilutive convertible subordinated debt (in shares)									0	0	837,500
Effect of dilutive stock options and restricted stock units (in shares)									266,532	330,782	363,894
Total diluted average shares outstanding (in shares)									12,088,106	12,044,667	12,722,003
Earnings per share from continuing operations - basic (in dollars per share)									$ 3.13	$ 2.22	$ 1.04
Earnings per share from discontinued operations - basic (in dollars per share)									0	0.04	0
Earnings per common share - basic (in dollars per share)	$ 1	$ 0.53	$ 1.50	$ 0.08	$ 0.34	$ 0.36	$ 1.31	$ 0.26	3.13	2.26	1.04
Earnings per share from continuing operations - diluted (in dollars per share)									3.06	2.16	1
Earnings per share from discontinued operations - diluted (in dollars per share)									0	0.04	0
Earnings per common share - diluted (in dollars per share)	$ 0.97	$ 0.53	$ 1.49	$ 0.08	$ 0.32	$ 0.35	$ 1.18	$ 0.26	$ 3.06	$ 2.20	$ 1

INVESTMENT SECURITIES - Held-to

INVESTMENT SECURITIES - Held-to-maturity (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Securities held-to-maturity	$ 0	$ 0

INVESTMENT SECURITIES - Availab

INVESTMENT SECURITIES - Available-for-sale (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	$ 400,718	$ 231,791
Unrealized Gain	10,440	4,967
Unrealized Loss	(534)	(937)
Fair Value	410,624	235,821
Total debt securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	382,317	219,544
Unrealized Gain	10,294	4,786
Unrealized Loss	(463)	(930)
Fair Value	392,148	223,400
United States government agency securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	56,207	52,046
Unrealized Gain	995	199
Unrealized Loss	(210)	(249)
Fair Value	56,992	51,996
United States sponsored mortgage-backed securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	94,968	58,748
Unrealized Gain	972	188
Unrealized Loss	(171)	(624)
Fair Value	95,769	58,312
Municipal securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	223,642	108,750
Unrealized Gain	8,327	4,399
Unrealized Loss	(82)	(57)
Fair Value	231,887	113,092
Other debt securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	7,500
Unrealized Gain	0
Unrealized Loss	0
Fair Value	7,500
Other securities
Amortized cost and fair values of investment securities available-for-sale
Amortized Cost	18,401	12,247
Unrealized Gain	146	181
Unrealized Loss	(71)	(7)
Fair Value	$ 18,476	$ 12,421

INVESTMENT SECURITIES - Summary

INVESTMENT SECURITIES - Summary of Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Available for sale, Amortized Cost
Amortized Cost	$ 400,718	$ 231,791
Available for sale, Fair Value
Fair Value	410,624	235,821
Total debt securities
Available for sale, Amortized Cost
Within one year	0
After one year, but within five years	9,254
After five years, but within ten years	36,097
After ten years	336,966
Amortized Cost	382,317	219,544
Available for sale, Fair Value
Within one year	0
After one year, but within five years	9,629
After five years, but within ten years	36,863
After ten years	345,656
Fair Value	$ 392,148	$ 223,400

INVESTMENT SECURITIES - Summa_2

INVESTMENT SECURITIES - Summary of Unrealized Loss Positions (Details) $ in Thousands	Dec. 31, 2020USD ($)numberOfBank	Dec. 31, 2019USD ($)numberOfBank
Investments in an unrealized loss position
Carrying value of investment securities pledged	$ 229,400	$ 68,000
Amount of pretax loss if securities in an unrealized loss position are sold	(500)
Investments in an Unrealized Loss Position
Less than 12 months, fair value	50,155	31,931
Less than 12 months, unrealized loss	(376)	(276)
12 months or more, fair value	15,923	43,725
12 months or more, unrealized loss	$ (158)	$ (661)
United States government agency securities
Description and Number of Positions
Number of investments in an unrealized loss position, AFS | numberOfBank	27	26
Investments in an Unrealized Loss Position
Less than 12 months, fair value	$ 19,021	$ 8,160
Less than 12 months, unrealized loss	(68)	(59)
12 months or more, fair value	12,574	15,399
12 months or more, unrealized loss	$ (142)	$ (190)
United States sponsored mortgage-backed securities
Description and Number of Positions
Number of investments in an unrealized loss position, AFS | numberOfBank	9	40
Investments in an Unrealized Loss Position
Less than 12 months, fair value	$ 15,331	$ 16,660
Less than 12 months, unrealized loss	(155)	(170)
12 months or more, fair value	3,349	27,498
12 months or more, unrealized loss	$ (16)	$ (454)
Municipal securities
Description and Number of Positions
Number of investments in an unrealized loss position, AFS | numberOfBank	14	13
Investments in an Unrealized Loss Position
Less than 12 months, fair value	$ 11,856	$ 6,018
Less than 12 months, unrealized loss	(82)	(40)
12 months or more, fair value	0	828
12 months or more, unrealized loss	$ 0	$ (17)
Other securities
Description and Number of Positions
Number of investments in an unrealized loss position, AFS | numberOfBank	5	2
Investments in an Unrealized Loss Position
Less than 12 months, fair value	$ 3,947	$ 1,093
Less than 12 months, unrealized loss	(71)	(7)
12 months or more, fair value	0	0
12 months or more, unrealized loss	$ 0	$ 0

INVESTMENT SECURITIES - Gains (

INVESTMENT SECURITIES - Gains (losses) on sales of investments (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Sales of investment securities available-for-sale		$ 54,023,000	$ 31,220,000	$ 2,743,000
Gross gains		948,000	105,000	352,000
Gross losses		34,000	271,000	25,000
Sales of equity investments		4,622,000	5,968,000	0
Gross gains		3,501,000	0	0
Loss on sale of equity securities		0	7,000	0
Holding gain on equity securities		374,000	13,767,000	590,000
Unrealized holding gains on equity securities	$ 13,500,000
Securities held-to-maturity		0	0
Proceeds from sale of held-to-maturity securities		$ 0	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN LOSSES - Loan Summary (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Components of loans
Proceeds of loans sold	$ 1,477,063	$ 1,611,889	$ 1,237,402
Mortgage fee income	33,427	41,045	$ 32,337
Loan balance	1,454,801	1,374,235
Deferred loan origination costs and (fees), net	(1,057)	306
Loans receivable	1,453,744	1,374,541
Purchased credit impaired loans
Components of loans
Loan balance	39,439
Commercial and non-residential real estate
Components of loans
Loan balance	1,141,114	1,063,828
Commercial and non-residential real estate | Purchased credit impaired loans
Components of loans
Loan balance	21,008	0
Residential
Components of loans
Loan balance	240,264	271,604
Residential | Purchased credit impaired loans
Components of loans
Loan balance	16,943	0
Home equity
Components of loans
Loan balance	30,828	35,106
Consumer
Components of loans
Loan balance	3,156	3,697
Consumer | Purchased credit impaired loans
Components of loans
Loan balance	$ 1,488	$ 0

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN LOSSES - Primary Segments (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Primary segments of the loan portfolio:
Individually evaluated for impairment	$ 15,394	$ 9,483
Collectively evaluated for impairment	1,399,968	1,364,752
Total loans	1,415,362	1,374,235
Purchased credit impaired loans
Primary segments of the loan portfolio:
Collectively evaluated for impairment	35,400
Commercial
Primary segments of the loan portfolio:
Individually evaluated for impairment	13,334	7,401
Collectively evaluated for impairment	1,127,780	1,056,427
Total loans	1,141,114	1,063,828
Commercial | Purchased credit impaired loans
Primary segments of the loan portfolio:
Collectively evaluated for impairment	17,100
Residential
Primary segments of the loan portfolio:
Individually evaluated for impairment	1,960	1,953
Collectively evaluated for impairment	238,304	269,651
Total loans	240,264	271,604
Residential | Purchased credit impaired loans
Primary segments of the loan portfolio:
Collectively evaluated for impairment	16,900
Home equity
Primary segments of the loan portfolio:
Individually evaluated for impairment	95	95
Collectively evaluated for impairment	30,733	35,011
Total loans	30,828	35,106
Consumer
Primary segments of the loan portfolio:
Individually evaluated for impairment	5	34
Collectively evaluated for impairment	3,151	3,663
Total loans	3,156	$ 3,697
Consumer | Purchased credit impaired loans
Primary segments of the loan portfolio:
Collectively evaluated for impairment	$ 1,300

LOANS AND ALLOWANCE FOR LOAN _5

LOANS AND ALLOWANCE FOR LOAN LOSSES - Narrative (Details)	12 Months Ended
	Dec. 31, 2020USD ($)numberOfBankloanpropertycategory	Dec. 31, 2019USD ($)loanloanRelationshipborrowerproperty
Activity in the allowance for loan losses:
Number of additional collateralized loans in the process of foreclosure | numberOfBank	5
Investment in loans in the process of foreclosure	$ 200,000
Number foreclosed properties held | property	32
Number of points in internal risk rating system | category	9
Number of categories in internal risk rating system considered as not criticized | category	6
Commercial relationship credit review threshold amount	$ 1,000,000
Past due period before loans placed in non-accrual status	90 days
Recent loan payment history before removal from non-accrual status	6 months
Residential
Activity in the allowance for loan losses:
Number foreclosed properties held | property		11
Foreclosed properties held	$ 2,600,000	$ 600,000
Increase (decrease) in impaired loans (percentage)	56.60%	40.90%
Residential | Commercial Loan Relationship One
Activity in the allowance for loan losses:
Foreclosed properties held		$ 300,000
Residential | Commercial Loan Relationship Two
Activity in the allowance for loan losses:
Foreclosed properties held		200,000
Residential | Commercial Loan Relationship Three
Activity in the allowance for loan losses:
Foreclosed properties held		$ 100,000
Number of borrowers | borrower		2
Consumer
Activity in the allowance for loan losses:
Number of additional collateralized loans in the process of foreclosure | loan	11	7
Investment in loans in the process of foreclosure	$ 1,100,000	$ 600,000
Related allowance	$ 0	$ 0
Commercial
Activity in the allowance for loan losses:
Number of loan relationships causing increase in impaired loans | loanRelationship		2

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN LOSSES - Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Impaired loans by class
Impaired loans with specific allowance, recorded investment	$ 4,203	$ 4,392
Impaired loans with specific allowance, related allowance	1,296	574
Impaired loans with no specific allowance, recorded investment	11,191	5,091
Total impaired loans, recorded investment	15,394	9,483
Total impaired loans, unpaid principal balance	18,575	12,126
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	12,965	11,491	$ 14,653
Interest Income Recognized on Accrual Basis	183	303	338
Interest Income Recognized on Cash Basis	196	289	223
Commercial
Impaired loans by class
Impaired loans with specific allowance, recorded investment	4,203	4,392
Impaired loans with specific allowance, related allowance	1,296	574
Impaired loans with no specific allowance, recorded investment	9,131	3,009
Total impaired loans, recorded investment	13,334	7,401
Total impaired loans, unpaid principal balance	16,243	9,946
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	10,330	8,573	11,835
Interest Income Recognized on Accrual Basis	164	285	316
Interest Income Recognized on Cash Basis	177	271	208
Commercial | Commercial business
Impaired loans by class
Impaired loans with specific allowance, recorded investment	3,431	2,606
Impaired loans with specific allowance, related allowance	1,032	249
Impaired loans with no specific allowance, recorded investment	5,653	644
Total impaired loans, recorded investment	9,084	3,250
Total impaired loans, unpaid principal balance	10,440	4,308
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	6,066	3,202	4,052
Interest Income Recognized on Accrual Basis	0	0	51
Interest Income Recognized on Cash Basis	0	0	106
Commercial | Commercial real estate
Impaired loans by class
Impaired loans with specific allowance, recorded investment	772	1,786
Impaired loans with specific allowance, related allowance	264	325
Impaired loans with no specific allowance, recorded investment	944	295
Total impaired loans, recorded investment	1,716	2,081
Total impaired loans, unpaid principal balance	1,864	2,171
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	3,057	3,220	6,416
Interest Income Recognized on Accrual Basis	97	162	159
Interest Income Recognized on Cash Basis	104	140	94
Commercial | Acquisition and development
Impaired loans by class
Impaired loans with specific allowance, recorded investment	0	0
Impaired loans with specific allowance, related allowance	0	0
Impaired loans with no specific allowance, recorded investment	2,534	2,070
Total impaired loans, recorded investment	2,534	2,070
Total impaired loans, unpaid principal balance	3,939	3,467
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	1,207	2,151	1,367
Interest Income Recognized on Accrual Basis	67	123	106
Interest Income Recognized on Cash Basis	73	131	8
Residential
Impaired loans by class
Impaired loans with specific allowance, recorded investment	0	0
Impaired loans with specific allowance, related allowance	0	0
Impaired loans with no specific allowance, recorded investment	1,960	1,953
Total impaired loans, recorded investment	1,960	1,953
Total impaired loans, unpaid principal balance	2,232	2,045
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	2,541	2,719	2,569
Interest Income Recognized on Accrual Basis	19	16	20
Interest Income Recognized on Cash Basis	19	16	14
Home equity
Impaired loans by class
Impaired loans with specific allowance, recorded investment	0	0
Impaired loans with specific allowance, related allowance	0	0
Impaired loans with no specific allowance, recorded investment	95	95
Total impaired loans, recorded investment	95	95
Total impaired loans, unpaid principal balance	95	100
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	87	154	100
Interest Income Recognized on Accrual Basis	0	2	2
Interest Income Recognized on Cash Basis	0	2	1
Consumer
Impaired loans by class
Impaired loans with specific allowance, recorded investment	0	0
Impaired loans with specific allowance, related allowance	0	0
Impaired loans with no specific allowance, recorded investment	5	34
Total impaired loans, recorded investment	5	34
Total impaired loans, unpaid principal balance	5	35
Average recorded investment in impaired loans and related interest income recognized
Average Investment in Impaired Loans	7	45	149
Interest Income Recognized on Accrual Basis	0	0	0
Interest Income Recognized on Cash Basis	$ 0	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN _7

LOANS AND ALLOWANCE FOR LOAN LOSSES - Internal Risk Rating Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	$ 1,415,362	$ 1,374,235
Loan balance	1,454,801	1,374,235
Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	39,439
SBA PPP
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	82,000
Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	1,141,114	1,063,828
Loan balance	1,141,114	1,063,828
Commercial | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	21,008	0
Commercial | Commercial business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	523,891	540,882
Commercial | Commercial business | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	17,604
Commercial | Commercial real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	423,122	411,770
Commercial | Commercial real estate | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	1,269
Commercial | Acquisition and development
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	112,126	111,176
Commercial | Acquisition and development | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	2,135
Commercial | SBA PPP
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	81,975
Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	240,264	271,604
Loan balance	240,264	271,604
Residential | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	16,943	0
Home equity
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	30,828	35,106
Loan balance	30,828	35,106
Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	3,156	3,697
Loan balance	3,156	3,697
Consumer | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	1,488	0
Pass
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	1,285,163	1,330,351
Pass | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	31,558
Pass | Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	1,015,512	1,024,730
Pass | Commercial | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	15,145
Pass | Commercial | Commercial business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	496,222	511,590
Pass | Commercial | Commercial business | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	12,263
Pass | Commercial | Commercial real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	356,544	406,712
Pass | Commercial | Commercial real estate | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	982
Pass | Commercial | Acquisition and development
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	80,771	106,428
Pass | Commercial | Acquisition and development | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	1,900
Pass | Commercial | SBA PPP
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	81,975
Pass | Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	236,250	267,367
Pass | Residential | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	15,157
Pass | Home equity
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	30,277	34,641
Pass | Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	3,124	3,613
Pass | Consumer | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	1,256
Special Mention
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	67,935	25,216
Special Mention | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	139
Special Mention | Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	66,574	22,831
Special Mention | Commercial | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	139
Special Mention | Commercial | Commercial business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	9,529	17,398
Special Mention | Commercial | Commercial business | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	136
Special Mention | Commercial | Commercial real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	32,044	3,564
Special Mention | Commercial | Commercial real estate | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	3
Special Mention | Commercial | Acquisition and development
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	25,001	1,869
Special Mention | Commercial | Acquisition and development | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	0
Special Mention | Commercial | SBA PPP
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	0
Special Mention | Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	948	1,946
Special Mention | Residential | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	0
Special Mention | Home equity
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	381	383
Special Mention | Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	32	56
Special Mention | Consumer | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	0
Substandard
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	58,270	18,554
Substandard | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	2,273
Substandard | Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	55,230	16,267
Substandard | Commercial | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	608
Substandard | Commercial | Commercial business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	17,045	11,894
Substandard | Commercial | Commercial business | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	345
Substandard | Commercial | Commercial real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	34,001	1,494
Substandard | Commercial | Commercial real estate | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	263
Substandard | Commercial | Acquisition and development
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	4,184	2,879
Substandard | Commercial | Acquisition and development | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	0
Substandard | Commercial | SBA PPP
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	0
Substandard | Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	2,896	2,177
Substandard | Residential | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	1,665
Substandard | Home equity
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	144	82
Substandard | Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	0	28
Substandard | Consumer | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	0
Doubtful
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	3,994	114
Doubtful | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	5,469
Doubtful | Commercial
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	3,798	0
Doubtful | Commercial | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	5,116
Doubtful | Commercial | Commercial business
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	1,095	0
Doubtful | Commercial | Commercial business | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	4,860
Doubtful | Commercial | Commercial real estate
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	533	0
Doubtful | Commercial | Commercial real estate | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	21
Doubtful | Commercial | Acquisition and development
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	2,170	0
Doubtful | Commercial | Acquisition and development | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	235
Doubtful | Commercial | SBA PPP
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	0
Doubtful | Residential
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	170	114
Doubtful | Residential | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	121
Doubtful | Home equity
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	26	0
Doubtful | Consumer
Classes of the loan portfolio summarized by credit quality indicators:
Total loans, excluding acquired	0	$ 0
Doubtful | Consumer | Purchased credit impaired loans
Classes of the loan portfolio summarized by credit quality indicators:
Loan balance	$ 232

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN LOSSES - Aging (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)component	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Aging categories of performing loans and nonaccrual loans
Current	$ 1,404,748	$ 1,364,896
Total Past Due	10,614	9,339
Total loans	1,415,362	1,374,235
Non-Accrual	13,713	5,123
90+ Days Still Accruing	0	0
Increased amount of interest income on loans	$ 600	600	$ 800
Allowance for loan losses, number of evaluation components | component	2
Impaired loans collectively evaluated	$ 100	100	$ 200
Liability for unfunded commitments	600	300
Loan balance	1,454,801	1,374,235
Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Current	34,515
Total Past Due	4,924
Non-Accrual	0
Loan balance	39,439
SBA PPP
Aging categories of performing loans and nonaccrual loans
Loan balance	82,000
Commercial
Aging categories of performing loans and nonaccrual loans
Current	1,135,803	1,059,389
Total Past Due	5,311	4,439
Total loans	1,141,114	1,063,828
Non-Accrual	12,079	3,533
90+ Days Still Accruing	0	0
Loan balance	1,141,114	1,063,828
Commercial | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Current	19,556
Total Past Due	1,452
Non-Accrual	0
Loan balance	21,008	0
Commercial | Commercial business
Aging categories of performing loans and nonaccrual loans
Current	521,799	537,602
Total Past Due	2,092	3,280
Total loans	523,891	540,882
Non-Accrual	8,601	2,848
90+ Days Still Accruing	0	0
Commercial | Commercial business | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Current	16,264
Total Past Due	1,340
Non-Accrual	0
Loan balance	17,604
Commercial | Commercial real estate
Aging categories of performing loans and nonaccrual loans
Current	422,343	411,070
Total Past Due	779	700
Total loans	423,122	411,770
Non-Accrual	944	295
90+ Days Still Accruing	0	0
Commercial | Commercial real estate | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Current	1,157
Total Past Due	112
Non-Accrual	0
Loan balance	1,269
Commercial | Acquisition and development
Aging categories of performing loans and nonaccrual loans
Current	109,686	110,717
Total Past Due	2,440	459
Total loans	112,126	111,176
Non-Accrual	2,534	390
90+ Days Still Accruing	0	0
Commercial | Acquisition and development | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Current	2,135
Total Past Due	0
Non-Accrual	0
Loan balance	2,135
Commercial | SBA PPP
Aging categories of performing loans and nonaccrual loans
Current	81,975
Total Past Due	0
Total loans	81,975
Non-Accrual	0
90+ Days Still Accruing	0
Residential
Aging categories of performing loans and nonaccrual loans
Current	235,420	267,515
Total Past Due	4,844	4,089
Total loans	240,264	271,604
Non-Accrual	1,534	1,461
90+ Days Still Accruing	0	0
Loan balance	240,264	271,604
Residential | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Current	13,714
Total Past Due	3,229
Non-Accrual	0
Loan balance	16,943	0
Home equity
Aging categories of performing loans and nonaccrual loans
Current	30,369	34,382
Total Past Due	459	724
Total loans	30,828	35,106
Non-Accrual	95	95
90+ Days Still Accruing	0	0
Loan balance	30,828	35,106
Consumer
Aging categories of performing loans and nonaccrual loans
Current	3,156	3,610
Total Past Due	0	87
Total loans	3,156	3,697
Non-Accrual	5	34
90+ Days Still Accruing	0	0
Loan balance	3,156	3,697
Consumer | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Current	1,245
Total Past Due	243
Non-Accrual	0
Loan balance	1,488	0
30-59 Days Past Due
Aging categories of performing loans and nonaccrual loans
Total Past Due	3,421	7,440
30-59 Days Past Due | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	784
30-59 Days Past Due | Commercial
Aging categories of performing loans and nonaccrual loans
Total Past Due	1,074	3,891
30-59 Days Past Due | Commercial | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	71
30-59 Days Past Due | Commercial | Commercial business
Aging categories of performing loans and nonaccrual loans
Total Past Due	1,040	3,189
30-59 Days Past Due | Commercial | Commercial business | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	71
30-59 Days Past Due | Commercial | Commercial real estate
Aging categories of performing loans and nonaccrual loans
Total Past Due	34	522
30-59 Days Past Due | Commercial | Commercial real estate | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	0
30-59 Days Past Due | Commercial | Acquisition and development
Aging categories of performing loans and nonaccrual loans
Total Past Due	0	180
30-59 Days Past Due | Commercial | Acquisition and development | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	0
30-59 Days Past Due | Commercial | SBA PPP
Aging categories of performing loans and nonaccrual loans
Total Past Due	0
30-59 Days Past Due | Residential
Aging categories of performing loans and nonaccrual loans
Total Past Due	2,058	3,003
30-59 Days Past Due | Residential | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	710
30-59 Days Past Due | Home equity
Aging categories of performing loans and nonaccrual loans
Total Past Due	289	545
30-59 Days Past Due | Consumer
Aging categories of performing loans and nonaccrual loans
Total Past Due	0	1
30-59 Days Past Due | Consumer | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	3
60-89 Days Past Due
Aging categories of performing loans and nonaccrual loans
Total Past Due	2,289	916
60-89 Days Past Due | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	211
60-89 Days Past Due | Commercial
Aging categories of performing loans and nonaccrual loans
Total Past Due	245	225
60-89 Days Past Due | Commercial | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	65
60-89 Days Past Due | Commercial | Commercial business
Aging categories of performing loans and nonaccrual loans
Total Past Due	33	47
60-89 Days Past Due | Commercial | Commercial business | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	65
60-89 Days Past Due | Commercial | Commercial real estate
Aging categories of performing loans and nonaccrual loans
Total Past Due	212	178
60-89 Days Past Due | Commercial | Commercial real estate | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	0
60-89 Days Past Due | Commercial | Acquisition and development
Aging categories of performing loans and nonaccrual loans
Total Past Due	0	0
60-89 Days Past Due | Commercial | Acquisition and development | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	0
60-89 Days Past Due | Commercial | SBA PPP
Aging categories of performing loans and nonaccrual loans
Total Past Due	0
60-89 Days Past Due | Residential
Aging categories of performing loans and nonaccrual loans
Total Past Due	1,969	549
60-89 Days Past Due | Residential | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	145
60-89 Days Past Due | Home equity
Aging categories of performing loans and nonaccrual loans
Total Past Due	75	84
60-89 Days Past Due | Consumer
Aging categories of performing loans and nonaccrual loans
Total Past Due	0	58
60-89 Days Past Due | Consumer | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	1
90+ Days Past Due
Aging categories of performing loans and nonaccrual loans
Total Past Due	4,904	983
90+ Days Past Due | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	3,929
90+ Days Past Due | Commercial
Aging categories of performing loans and nonaccrual loans
Total Past Due	3,992	323
90+ Days Past Due | Commercial | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	1,316
90+ Days Past Due | Commercial | Commercial business
Aging categories of performing loans and nonaccrual loans
Total Past Due	1,019	44
90+ Days Past Due | Commercial | Commercial business | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	1,204
90+ Days Past Due | Commercial | Commercial real estate
Aging categories of performing loans and nonaccrual loans
Total Past Due	533	0
90+ Days Past Due | Commercial | Commercial real estate | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	112
90+ Days Past Due | Commercial | Acquisition and development
Aging categories of performing loans and nonaccrual loans
Total Past Due	2,440	279
90+ Days Past Due | Commercial | Acquisition and development | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	0
90+ Days Past Due | Commercial | SBA PPP
Aging categories of performing loans and nonaccrual loans
Total Past Due	0
90+ Days Past Due | Residential
Aging categories of performing loans and nonaccrual loans
Total Past Due	817	537
90+ Days Past Due | Residential | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	2,374
90+ Days Past Due | Home equity
Aging categories of performing loans and nonaccrual loans
Total Past Due	95	95
90+ Days Past Due | Consumer
Aging categories of performing loans and nonaccrual loans
Total Past Due	0	$ 28
90+ Days Past Due | Consumer | Purchased credit impaired loans
Aging categories of performing loans and nonaccrual loans
Total Past Due	$ 239

LOANS AND ALLOWANCE FOR LOAN _9

LOANS AND ALLOWANCE FOR LOAN LOSSES - Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Changes in the allowance for loan losses
Balance at beginning of period	$ 11,775	$ 10,939	$ 9,878
Charge-offs	(2,179)	(1,008)	(1,480)
Recoveries	34	55	101
Provision	16,484	1,789	2,440
Allowance contributed with mortgage combination transaction	(354)
Balance at end of period	25,760	11,775	10,939
Individually evaluated for impairment	1,296	574	1,043
Collectively evaluated for impairment	24,464	11,201	9,896
Purchased credit impaired loans
Changes in the allowance for loan losses
Balance at beginning of period	0
Charge-offs	(11)
Provision	95
Balance at end of period	84	0
Collectively evaluated for impairment	84
Commercial
Changes in the allowance for loan losses
Balance at beginning of period	10,098	8,605	7,804
Charge-offs	(1,932)	(998)	(1,024)
Recoveries	22	1	15
Provision	15,845	2,490	1,810
Allowance contributed with mortgage combination transaction	0
Balance at end of period	24,033	10,098	8,605
Individually evaluated for impairment	1,296	574	1,043
Collectively evaluated for impairment	22,737	9,524	7,562
Residential
Changes in the allowance for loan losses
Balance at beginning of period	1,272	1,405	1,119
Charge-offs	(224)	0	(166)
Recoveries	0	1	22
Provision	684	(134)	430
Allowance contributed with mortgage combination transaction	(354)
Balance at end of period	1,378	1,272	1,405
Individually evaluated for impairment	0	0	0
Collectively evaluated for impairment	1,378	1,272	1,405
Residential | Purchased credit impaired loans
Changes in the allowance for loan losses
Balance at beginning of period	0
Charge-offs	(11)
Provision	95
Balance at end of period	84	0
Collectively evaluated for impairment	84
Home equity
Changes in the allowance for loan losses
Balance at beginning of period	327	684	705
Charge-offs	(23)	0	0
Recoveries	9	4	59
Provision	(15)	(361)	(80)
Allowance contributed with mortgage combination transaction	0
Balance at end of period	298	327	684
Individually evaluated for impairment	0	0	0
Collectively evaluated for impairment	298	327	684
Consumer
Changes in the allowance for loan losses
Balance at beginning of period	78	245	250
Charge-offs	0	(10)	(290)
Recoveries	3	49	5
Provision	(30)	(206)	280
Allowance contributed with mortgage combination transaction	0
Balance at end of period	51	78	245
Individually evaluated for impairment	0	0	0
Collectively evaluated for impairment	$ 51	$ 78	$ 245

LOANS AND ALLOWANCE FOR LOAN_10

LOANS AND ALLOWANCE FOR LOAN LOSSES - Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)contractborrowerloan	Dec. 31, 2019USD ($)contract
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Specific reserve allocations for TDR's	$ 600	$ 500
Troubled debt restructuring loans	$ 10,200	$ 7,700
Number of Contracts | contract	9	5
Pre-Modification Outstanding Recorded Investment	$ 6,540	$ 582
Post-Modification Outstanding Recorded Investment	5,562	$ 656
Acquisition and development
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Loans defaulted under the restructured terms	$ 8,000
Number of restructured loans | loan	7
Number of borrowers defaulted | borrower	3
Restructured Equipment Loan
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Loans defaulted under the restructured terms	$ 5,200
Commercial
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract	8	2
Pre-Modification Outstanding Recorded Investment	$ 6,453	$ 336
Post-Modification Outstanding Recorded Investment	$ 5,476	$ 333
Commercial | Commercial business
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract	6	2
Pre-Modification Outstanding Recorded Investment	$ 6,294	$ 336
Post-Modification Outstanding Recorded Investment	$ 5,326	$ 333
Commercial | Commercial real estate
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract	2	0
Pre-Modification Outstanding Recorded Investment	$ 159	$ 0
Post-Modification Outstanding Recorded Investment	$ 150	$ 0
Commercial | Acquisition and development
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract	0	0
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0
Residential
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract	1	3
Pre-Modification Outstanding Recorded Investment	$ 87	$ 246
Post-Modification Outstanding Recorded Investment	$ 86	$ 323
Home equity
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract	0	0
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0
Consumer
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Number of Contracts | contract	0	0
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	0	0
Accruing
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Troubled debt restructuring loans	$ 1,600	$ 4,400
Accruing | Portfolio Risk | Troubled Debt Restructured Loans
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Concentration risk, percentage	12.00%	46.00%
Commercial Borrower Two | Acquisition and development
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Loans defaulted under the restructured terms	$ 2,200
Commercial Borrower One | Acquisition and development
Details related to loans identified as Troubled Debt Restructurings (TDRs):
Loans defaulted under the restructured terms	$ 600

LOANS AND ALLOWANCE FOR LOAN_11

LOANS AND ALLOWANCE FOR LOAN LOSSES - Carrying Amount of PCI Loans (Details) - Purchased credit impaired loans $ in Thousands	Dec. 31, 2020USD ($)
Financing Receivable, Impaired [Line Items]
Outstanding balance	$ 39,439
Carrying amount, net of allowance	39,355
Commercial
Financing Receivable, Impaired [Line Items]
Outstanding balance	21,008
Residential
Financing Receivable, Impaired [Line Items]
Outstanding balance	16,943
Consumer
Financing Receivable, Impaired [Line Items]
Outstanding balance	$ 1,488

LOANS AND ALLOWANCE FOR LOAN_12

LOANS AND ALLOWANCE FOR LOAN LOSSES - Accretiable Yield (Details) - Purchased credit impaired loans $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Beginning balance	$ 0
New loans purchased	11,746
Accretion of income	(2,945)
Reclassification from non-accretable difference	(488)
Ending balance	8,313
Increase in allowance for loan losses	$ 100

LOANS AND ALLOWANCE FOR LOAN_13

LOANS AND ALLOWANCE FOR LOAN LOSSES - Contractually Required Payments (Details) - Purchased credit impaired loans $ in Thousands	Dec. 31, 2020USD ($)
Financing Receivable, Impaired [Line Items]
Cash flows expected to be collected at acquisition	$ 86,823
Fair value of loans acquired at acquisition	50,235
Commercial
Financing Receivable, Impaired [Line Items]
Contractually Required Payments Receivable	36,046
Residential
Financing Receivable, Impaired [Line Items]
Contractually Required Payments Receivable	47,787
Consumer
Financing Receivable, Impaired [Line Items]
Contractually Required Payments Receivable	$ 2,990

LOANS AND ALLOWANCE FOR LOAN_14

LOANS AND ALLOWANCE FOR LOAN LOSSES - PPP Loans and CARES Act Deferrals (Details) $ in Thousands	Dec. 31, 2020USD ($)loan	Dec. 31, 2019USD ($)
Financing Receivable, Impaired [Line Items]
Loan balance	$ 1,454,801	$ 1,374,235
Commercial
Financing Receivable, Impaired [Line Items]
Loan balance	1,141,114	1,063,828
Loans approved for modification	34,700
Consumer
Financing Receivable, Impaired [Line Items]
Loan balance	3,156	$ 3,697
Loans approved for modification	$ 13,500
SBA PPP
Financing Receivable, Impaired [Line Items]
Number of loans | loan	455
Original balance of loans	$ 92,800
Loan balance	$ 82,000

PREMISES AND EQUIPMENT - Premis

PREMISES AND EQUIPMENT - Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Premises and equipment
Gross premises and equipment	$ 40,392	$ 35,014
Accumulated depreciation	(14,189)	(13,040)
Premises and equipment, net	26,203	21,974
Land
Premises and equipment
Gross premises and equipment	3,936	3,105
Buildings and improvements
Premises and equipment
Gross premises and equipment	14,350	13,352
Furniture, fixtures and equipment
Premises and equipment
Gross premises and equipment	18,701	15,553
Construction in progress
Premises and equipment
Gross premises and equipment	326	1,019
Leasehold improvements
Premises and equipment
Gross premises and equipment	$ 3,079	$ 1,985

PREMISES AND EQUIPMENT - Lease

PREMISES AND EQUIPMENT - Lease Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 3,000	$ 3,000	$ 2,800
Lease liabilities	18,400	14,800
Operating lease, liability	18,272	14,600
Finance lease, liability	176	200
Right-of-use assets	17,700	13,500
Operating lease right-of-use asset	17,500	13,200
Finance lease right of use asset	$ 200	$ 300
Operating Lease, Liability, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilities	us-gaap:OtherLiabilities
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssets	us-gaap:OtherAssets
Finance lease, weighted average remaining lease term	2 years 3 months 18 days	2 years 8 months 12 days
Finance lease, weighted average discount rate	2.40%	2.80%
Operating lease lease, weighted average remaining lease term	12 years 10 months 24 days	11 years 9 months 18 days
Operating lease, weighted average discount rate	2.90%	3.50%
Rent expense			$ 2,000

PREMISES AND EQUIPMENT - Leas_2

PREMISES AND EQUIPMENT - Lease Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Amortization of right-of-use assets, finance leases	$ 65	$ 77
Interest on lease liabilities, finance leases	4	6
Operating lease cost	2,072	2,120
Short-term lease cost	27	72
Variable lease cost	38	38
Total lease cost	$ 2,206	$ 2,313

PREMISES AND EQUIPMENT - Summar

PREMISES AND EQUIPMENT - Summary of Lease Liability (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Finance Leases
2021	$ 68
2022	59
2023	41
2024	5
2025	5
2026 and thereafter	4
Total future minimum lease payments	182
Less: Amounts representing interest	(6)
Present value of net future minimum lease payments	176	$ 200
Operating Leases
2021	1,779
2022	1,623
2023	1,825
2024	1,779
2025	1,709
2026 and thereafter	14,280
Total future minimum lease payments	22,995
Less: Amounts representing interest	(4,723)
Present value of net future minimum lease payments	$ 18,272	$ 14,600

EQUITY METHOD INVESTMENT (Detai

EQUITY METHOD INVESTMENT (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020USD ($)	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2020USD ($)loan	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Schedule of Equity Method Investments [Line Items]
Equity method investment income									$ 24,174	$ 0	$ 0
Net income	$ 11,838	$ 6,491	$ 18,034	$ 1,048	$ 4,095	$ 4,327	$ 15,377	$ 3,192	37,411	$ 26,991	$ 12,003
Locked mortgage pipeline	$ 1,540,000								1,540,000
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Intercoastal
Schedule of Equity Method Investments [Line Items]
Total revenues									120,323
Gross profit									59,659
Net income									59,761
Gain on sale of loans									$ 100,402
Volume of loans sold | loan									2,948,724,000

DEPOSITS - Schedule of Deposits

DEPOSITS - Schedule of Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Demand deposits of individuals, partnerships and corporations
Noninterest-bearing demand	$ 715,791	$ 278,547
Interest-bearing demand	496,502	351,435
Savings and money markets	545,501	363,026
Time deposits, including CDs and IRAs	224,595	272,034
Total deposits	1,982,389	1,265,042
Time deposits that meet or exceed the FDIC insurance limit	$ 16,955	$ 8,955

DEPOSITS - Maturities (Details)

DEPOSITS - Maturities (Details) $ in Thousands	Dec. 31, 2020USD ($)
Maturities of Time Deposits
2021	$ 126,863
2022	62,833
2023	20,864
2024	12,705
2025	1,330
Total	224,595
Overdrawn deposits	$ 200

BORROWED FUNDS - Short-term Bor

BORROWED FUNDS - Short-term Borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Borrowed funds
FHLB and other borrowings	$ 0	$ 222,885
Maximum borrowing capacity with the FHLB	452,200
Remaining maximum borrowing capacity with the FHLB	440,900
Short-term Borrowings from FHLB
Short-term Borrowings and Repurchase Agreements
Balance at end of year	0	192,063
Average balance during the year	68,407	187,226
Maximum month-end balance	$ 154,248	$ 240,811
Weighted-average rate during the year	0.58%	2.24%
Weighted-average rate at December 31	0.00%	1.81%

BORROWED FUNDS - Long-term Borr

BORROWED FUNDS - Long-term Borrowings (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Borrowed funds
Borrowings from the FHLB	$ 0	$ 30,800,000
Fixed Interest Rate Notes, Originating In November 2019, Due Between November 2022 and November 2024, With Interest Of Between 1.74% and 1.81% Payable Monthly
Borrowed funds
Borrowings from the FHLB		$ 30,000,000
Fixed Interest Rate Notes, Originating In November 2019, Due Between November 2022 and November 2024, With Interest Of Between 1.74% and 1.81% Payable Monthly | Minimum
Borrowed funds
Interest rate on debt security		1.70%
Fixed Interest Rate Notes, Originating In November 2019, Due Between November 2022 and November 2024, With Interest Of Between 1.74% and 1.81% Payable Monthly | Maximum
Borrowed funds
Interest rate on debt security		1.80%
Fixed Interest Rate Notes, Originating Between October 2006 and April 2007, Due Between October 2021 and April 2022
Borrowed funds
Borrowings from the FHLB		$ 800,000
Fixed Interest Rate Notes, Originating Between October 2006 and April 2007, Due Between October 2021 and April 2022 | Minimum
Borrowed funds
Interest rate on debt security		5.18%
Fixed Interest Rate Notes, Originating Between October 2006 and April 2007, Due Between October 2021 and April 2022 | Maximum
Borrowed funds
Interest rate on debt security		5.20%

BORROWED FUNDS - Repurchase Agr

BORROWED FUNDS - Repurchase Agreements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Investment Securities
Borrowed funds
Investment securities held as collateral	$ 10,700	$ 10,500
Repurchase Agreements
Borrowed funds
Balance at end of year	10,266	10,172
Average balance during the year	9,856	11,252
Maximum month-end balance	$ 10,505	$ 14,655
Weighted-average rate during the year	0.23%	0.43%
Weighted-average rate at December 31	0.14%	0.44%

BORROWED FUNDS - Subordinated D

BORROWED FUNDS - Subordinated Debt (Details) - USD ($)	1 Months Ended		12 Months Ended
	Nov. 30, 2020	Jun. 30, 2014	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Mar. 31, 2007
Subordinated Debt
Balance at end of year			$ 43,407,000	$ 4,124,000
Subordinated debt redemption				12,400,000
Interest expense on borrowed funds			261,000	770,000	$ 1,756,000
Subordinated Debt
Subordinated Debt
Balance at end of year			43,407,000	4,124,000
Average balance during the year			7,568,000	12,125,000
Maximum month-end balance			$ 43,524,000	$ 17,524,000
Weighted-average rate during the year			3.45%	6.35%
Weighted-average rate at December 31			4.02%	3.51%
Face amount of debt issued	$ 40,000,000
Term of debt instrument	10 years
Interest rate on debt security	4.25%
Subordinated debt converted, amount				$ 1,000,000	$ 16,000,000
Subordinated debt converted into common stock (in shares)				62,500	1,000,000
Annual interest expense savings				$ 1,000,000	$ 1,100,000
Interest expense on borrowed funds			$ 300,000	$ 800,000	$ 1,800,000
SOFR | Subordinated Debt
Subordinated Debt
Variable rate basis spread	4.01%
Subordinated Debentures | Subordinated Debt
Subordinated Debt
Face amount of debt issued						$ 4,000,000
Subordinated Debentures | LIBOR | Subordinated Debt
Subordinated Debt
Variable rate basis spread			1.62%
Convertible Subordinated Promissory Notes Due 2024 | Subordinated Debt
Subordinated Debt
Face amount of debt issued		$ 29,400,000
Term of debt instrument		10 years
Debt instrument, investment amount of holder		$ 100,000
Debt instrument, minimum ownership of common stock as percentage of principal acquired		$ 1,000,000

COMMITMENTS AND CONTINGENT LI_3

COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Financial Instruments with Off-Balance-Sheet Risk
Total contractual amounts of the commitments	$ 436,038,000	$ 428,837,000
Average balance maintained in accordance with Federal Reserve Board requirements	0	0
Available on lines of credit
Financial Instruments with Off-Balance-Sheet Risk
Total contractual amounts of the commitments	393,814,000	385,871,000
Stand-by letters of credit
Financial Instruments with Off-Balance-Sheet Risk
Total contractual amounts of the commitments	19,806,000	18,145,000
Other loan commitments
Financial Instruments with Off-Balance-Sheet Risk
Total contractual amounts of the commitments	$ 22,418,000	$ 24,821,000

INCOME TAXES - Provision for In

INCOME TAXES - Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Current:
Federal	$ 10,899	$ 10,450	$ 2,203
State	2,019	2,101	1,031
Total current	12,918	12,551	3,234
Deferred:
Federal	(3,183)	(3,716)	117
State	(203)	(237)	22
Total deferred expense (benefit)	(3,386)	(3,953)	139
Income tax expense	$ 9,532	$ 8,598	$ 3,373

INCOME TAXES - Reconciliation (

INCOME TAXES - Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Effective Income Tax Rate Reconciliation, Amount
Income tax at federal statutory rate	$ 9,858	$ 7,353	$ 3,229
Tax effect of:
State income taxes, net of federal income taxes	1,435	2,101	738
Tax exempt earnings	(1,381)	(856)	(594)
Other	(380)	0	0
Income tax expense	$ 9,532	$ 8,598	$ 3,373
Effective Income Tax Rate Reconciliation, Percent
Tax at Federal tax rate (percentage)	21.00%	21.00%	21.00%
Tax effect of:
State income tax (percentage)	3.10%	6.00%	4.80%
Tax exempt earnings (percentage)	(3.00%)	(2.80%)	(3.90%)
Other (percentage)	(0.80%)	0.00%	0.00%
Income tax expense (benefit) (as a percentage)	20.30%	24.20%	21.90%

INCOME TAXES - Deferred Income

INCOME TAXES - Deferred Income Tax Assets and (Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Components of Deferred Tax Assets and Liabilities
Allowance for loan losses	$ 7,141	$ 3,310
Minimum pension liability	1,544	1,589
SERP/RSU	1,039	652
Other	1,209	10
Total gross deferred tax assets	10,933	5,561
Depreciation	(1,733)	(1,505)
Pension	(262)	(164)
Unrealized gain on securities available-for-sale	(2,320)	(1,088)
Holding gain on equity securities	(3,893)	(3,838)
Goodwill	(2,498)	(2,134)
Total gross deferred tax liabilities	(10,706)	(8,729)
Net deferred tax assets	$ 227
Net deferred tax liabilities		$ (3,168)

INCOME TAXES - Section 42 Affor

INCOME TAXES - Section 42 Affordable Housing (Details)	12 Months Ended
	Dec. 31, 2020USD ($)investment	Dec. 31, 2019USD ($)	Dec. 31, 2018investment
Schedule of Equity Method Investments [Line Items]
Gain (loss) on funds	$ 0
Affordable Housing Investment Fund
Schedule of Equity Method Investments [Line Items]
Number of investments | investment	3		3
Investment amount	$ 2,800,000	$ 3,000,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance at Beginning of Year	$ 12,284,000	$ 27,971,000
Borrowings	24,453,000	13,897,000
Executive Officer and Director Retirements	(8,187,000)	0
Repayments	(1,127,000)	(29,584,000)
Balance at End of Year	27,423,000	12,284,000
Related party deposits	73,800,000	35,500,000
Related party repurchase agreements	$ 0	$ 0

PENSION PLAN - Narrative (Detai

PENSION PLAN - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)installment	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	May 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Pension expense	$ 300	$ 300	$ 300
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.50%	3.24%	4.23%	4.46%
Benefit obligation	$ 12,715	$ 11,435	$ 9,416
Estimated net loss (gain) expected to be amortized from accumulated other comprehensive income into net periodic cost	$ 500
Supplemental Employee Retirement Plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.00%
Benefit obligation	$ 1,800
Number of equal consecutive installments | installment	180
Consecutive installments, amount	$ 10
Accrued liability	1,200	800
Service cost	$ 200	$ 400

PENSION PLAN - Summary of activ

PENSION PLAN - Summary of activity (Details) - Pension Plan - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Change in benefit obligation
Benefit obligation at beginning of year	$ 11,435	$ 9,416
Interest cost	365	392	$ 352
Actuarial loss	(54)	99
Assumption changes	1,255	1,769
Benefits paid	(286)	(241)
Benefit obligation at end of year	12,715	11,435	9,416
Change in plan assets:
Fair value of plan assets at beginning of year	6,165	5,238
Actual return on plan assets	511	808
Employer contribution	706	360
Benefits paid	(286)	(241)
Fair value of plan assets at end of year	7,096	6,165	$ 5,238
Funded status	(5,619)	(5,270)
Unrecognized net actuarial loss	6,591	5,883
Prepaid pension cost recognized	972	613
Accumulated benefit obligation	$ 12,715	$ 11,435

PENSION PLAN - Weighted Average

PENSION PLAN - Weighted Average Assumptions and Net Periodic Pension Cost (Details) - Pension Plan - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	May 31, 2014
Weighted average assumptions used to determine the benefit obligation
Discount rate	2.50%	3.24%	4.23%	4.46%
Components of net periodic pension cost
Interest cost	$ 365	$ 392	$ 352
Expected return on plan assets	(438)	(407)	(372)
Amortization of net actuarial loss	420	271	306
Net periodic pension cost	$ 347	$ 256	$ 286
Weighted average assumptions used to determine net periodic pension cost
Discount rate	2.50%	3.24%	3.55%
Expected long-term rate of return on plan assets	6.75%	6.75%	6.75%

PENSION PLAN - Plan Asset Alloc

PENSION PLAN - Plan Asset Allocations (Details) - Pension Plan	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	100.00%	100.00%
Cash
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	9.00%	4.00%
Fixed income
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	20.00%	23.00%
Alternative investments
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	19.00%	15.00%
Domestic equities
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	27.00%	33.00%
Foreign equities
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	24.00%	24.00%
Real estate investment trusts
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	1.00%	1.00%

PENSION PLAN - Plan Assets at F

PENSION PLAN - Plan Assets at Fair Value (Details) - Pension Plan - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	$ 7,096	$ 6,165	$ 5,238
Level I
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	5,677	5,179
Level II
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Level III
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,419	986
Cash
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	639	247
Cash | Level I
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	639	247
Cash | Level II
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Cash | Level III
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Fixed income
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,419	1,418
Fixed income | Level I
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,419	1,418
Fixed income | Level II
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Fixed income | Level III
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Alternative investments
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,348	925
Alternative investments | Level I
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Alternative investments | Level II
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Alternative investments | Level III
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,348	925
Domestic equities
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,916	2,034
Domestic equities | Level I
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,916	2,034
Domestic equities | Level II
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Domestic equities | Level III
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Foreign equities
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,703	1,480
Foreign equities | Level I
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	1,703	1,480
Foreign equities | Level II
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Foreign equities | Level III
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Real estate investment trusts
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	71	61
Real estate investment trusts | Level I
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Real estate investment trusts | Level II
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	0	0
Real estate investment trusts | Level III
Plan's assets at fair value by level, within the fair value hierarchy
Total assets at fair value	$ 71	$ 61

PENSION PLAN - Estimated Contri

PENSION PLAN - Estimated Contributions Over Next Fiscal Year and Benefit Payments (Details) - Pension Plan $ in Thousands	Dec. 31, 2020USD ($)
Estimated Future Employer Contributions
Contributions for the period of January 1, 2021 through December 31, 2021	$ 199
Estimated future benefit payments reflecting expected future service
2021	344
2022	407
2023	423
2024	445
2025	508
2026 through 2030	$ 2,652

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Goodwill (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill
Goodwill, beginning balance	$ 19,630,000	$ 18,480,000	$ 18,480,000
Goodwill, ending balance	2,350,000	19,630,000	18,480,000
Intangibles
Gross, beginning balance	4,226,000	1,006,000	1,006,000
Accumulated depreciation, beginning balance	(753,000)	(456,000)	(360,000)
Net, beginning balance	3,473,000	550,000	646,000
Accumulated Amortization expense	(1,229,000)	(297,000)	(96,000)
Gross, ending balance	3,941,000	4,226,000	1,006,000
Accumulated depreciation, ending balance	(1,541,000)	(753,000)	(456,000)
Net, ending balance	2,400,000	3,473,000	550,000
Intangible Assets, Other Disclosures
Goodwill impairment	0	0
Impairment charges	0	0	$ 0
Branches Sold to Summit
Goodwill
Goodwill, written off	(1,598,000)
Intangibles
Intangible assets related to sale, gross	(845,000)
Accumulated Amortization expense	(441,000)
Intangible assets related to sale, net	(404,000)
Paladin
Goodwill
Goodwill, resulting from acquisition	1,200,000
Chartwell
Goodwill
Goodwill, resulting from acquisition		1,150,000
Intangibles
Intangibles resulting from Chartwell acquisition		$ 3,220,000
Intercoastal
Goodwill
Goodwill, written off	(16,882,000)
First State Bank
Intangibles
Intangibles resulting from Chartwell acquisition	$ 560,000
Core Deposit Intangibles
Intangible Assets, Other Disclosures
Useful life of core deposit intangible assets	10 years
Customer Relationships | Chartwell
Intangible Assets, Other Disclosures
Amortization period	5 years
Backlog | Chartwell
Intangible Assets, Other Disclosures
Amortization period	5 years 3 months 18 days
Trademark | Chartwell
Intangible Assets, Other Disclosures
Amortization period	15 years
Non-competition agreement | Chartwell
Intangible Assets, Other Disclosures
Amortization period	4 years

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Estimated Amortization Expense of Other Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Estimated Amortization Expense
2021	$ 616
2022	616
2023	507
2024	235
2025	47
Thereafter	379
Total	$ 2,400	$ 3,473	$ 550	$ 646

STOCK OFFERINGS (Details)

STOCK OFFERINGS (Details) - USD ($)	Aug. 31, 2020	Dec. 31, 2020	Nov. 30, 2020	Jul. 31, 2020
Stockholders' Equity Note [Abstract]
Total number of shares purchased (in shares)		536,490	210,824	49,100
Value of shares repurchased			$ 3,500,000	$ 700,000
Average price paid per share (in dollars per share)		$ 20.25	$ 15.93	$ 14.52
Authorized repurchase amount	$ 5,000,000	$ 31,900,000
Stock repurchase program, period	12 months

STOCK OPTIONS AND OTHER EQUIT_3

STOCK OPTIONS AND OTHER EQUITY AWARDS - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)installmentshares	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Stock options
Shares authorized for issuance (in shares)	3,200,000
Shares available for issuance (in shares)	569,997
Common stock options exercised | $	$ 4,459	$ 2,164	$ 2,129
Shares granted (in shares)	126,250
Fair value of stock options vested | $	$ 900
Stock Options
Stock options
Intrinsic value of options exercised | $	1,900	$ 1,900	$ 900
Unrecognized pre-tax compensation expense | $	$ 1,300
Unrecognized pre-tax compensation expense, recognition period	2 years 10 months 24 days
RSUs
Stock options
Unrecognized pre-tax compensation expense | $	$ 2,300
Unrecognized pre-tax compensation expense, recognition period	2 years 9 months 18 days
Granted (in shares)	153,642
Fair value of RSUs vested | $	$ 800
Time Based, Restricted Stock Units
Stock options
Vesting period		5 years
Granted (in shares)	97,911
Number of vesting installments | installment	5
Time Based, Restricted Stock Units | Director
Stock options
Vesting period	1 year
Performance Based, Restricted Stock Units
Stock options
Vesting period			3 years
Granted (in shares)	55,731
Awards Granted In Period First Group | Stock Options
Stock options
Expiration term	10 years
Vesting period	5 years
Awards Granted In Period Third Group | Stock Options
Stock options
Expiration term	10 years
Shares granted (in shares)	125,000
Vesting period	4 years

STOCK OPTIONS AND OTHER EQUIT_4

STOCK OPTIONS AND OTHER EQUITY AWARDS - Summary of Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total Stock-based compensation expense	$ 2,353	$ 1,759	$ 1,267
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total Stock-based compensation expense	950	873	936
RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total Stock-based compensation expense	$ 1,403	$ 886	$ 331

STOCK OPTIONS AND OTHER EQUIT_5

STOCK OPTIONS AND OTHER EQUITY AWARDS - Stock Option Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Number of Shares
Outstanding at beginning of year (in shares)	1,593,241
Granted (in shares)	126,250
Exercised (in shares)	(305,697)
Forfeited (in shares)	(9,750)
Expired (in shares)	(7,250)
Outstanding at end of year (in shares)	1,396,794	1,593,241
Exercisable at end of year (in shares)	947,988
Weighted-Average Exercise Price
Outstanding at beginning of year (in dollars per share)	$ 14.96
Granted (in dollars per share)	18.11
Exercised (in dollars per share)	14.36
Forfeited (in dollars per share)	16.85
Expired (in dollars per share)	14.78
Outstanding at end of year (in dollars per share)	15.36	$ 14.96
Exercisable at end of year (in dollars per share)	14.66
Additional disclosure
Weighted-average fair value of options granted during the year (in dollars per share)	$ 4.48	$ 4.22	$ 5.97

STOCK OPTIONS AND OTHER EQUIT_6

STOCK OPTIONS AND OTHER EQUITY AWARDS - Stock Option Valuation Assumptions (Details) - Stock Options	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Stock options
Average risk-free interest rates	0.66%	2.02%	2.81%
Weighted average expected life	7 years	7 years	7 years
Expected volatility of the entity's stock price	30.90%	21.80%	18.60%
Expected dividend yield	2.20%	0.84%	0.54%

STOCK OPTIONS AND OTHER EQUIT_7

STOCK OPTIONS AND OTHER EQUITY AWARDS - Outstanding and Exercisable (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Options Outstanding
Total Options (in shares)	1,396,794	1,593,241
Weighted-Average Exercise Price (in dollars per share)	$ 15.36	$ 14.96
Options Exercisable
Total Options (in shares)	947,988
Weighted-Average Exercise Price (in dollars per share)	$ 14.66
Stock Options
Options Outstanding
Intrinsic Value (in millions)	$ 10,200,000
Weighted-Average Remaining Life	5 years 7 months 20 days
Options Exercisable
Intrinsic Value (in millions)	$ 7,600,000
Weighted-Average Remaining Life	4 years 9 months 18 days

STOCK OPTIONS AND OTHER EQUIT_8

STOCK OPTIONS AND OTHER EQUITY AWARDS - Summary of RSUs (Details) - RSUs - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Shares
Balance at beginning of year (in shares)	160,758
Granted (in shares)	153,642
Vested (in shares)	(53,981)
Forfeited (in shares)	(7,383)
Balance at end of year (in shares)	253,036	160,758
Weighted-Average Grant Date Fair Value
Balance at beginning of year (in dollars per share)	$ 16.67
Granted (in dollars per share)	13.08	$ 15.50	$ 19.33
Vested (in dollars per share)	15.36
Forfeited (in dollars per share)	16.55
Balance at end of year (in dollars per share)	$ 14.70	$ 16.67

REGULATORY CAPITAL REQUIREMEN_3

REGULATORY CAPITAL REQUIREMENTS (Details) - Subsidiary Bank $ in Thousands	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Total Capital (to risk-weighted assets)
Actual, amount	$ 273,318	$ 201,672
Actual, ratio	0.158	0.128
Minimum to be Well Capitalized, amount	$ 138,277	$ 125,686
Minimum to be Well Capitalized, ratio	0.080	0.080
Minimum for Capital Adequacy Purposes, amount	$ 172,846	$ 157,107
Minimum for Capital Adequacy Purposes, ratio	0.100	0.100
Tier 1 Capital (to risk-weighted assets)
Actual, amount	$ 251,565	$ 189,365
Actual, ratio	146	0.121
Minimum to be Well Capitalized, amount	$ 103,708	$ 94,264
Minimum to be Well Capitalized, ratio	60	0.060
Minimum for Capital Adequacy Purposes, amount	$ 138,277	$ 125,686
Minimum for Capital Adequacy Purposes, ratio	80	0.080
Common Equity Tier 1 Capital (to risk-weighted assets)
Actual, amount	$ 251,565	$ 189,365
Actual, ratio	14600.00%	12.10%
Minimum to be Well Capitalized, amount	$ 77,781	$ 70,698
Minimum to be Well Capitalized, ratio	4500.00%	4.50%
Minimum for Capital Adequacy Purposes, amount	$ 112,350	$ 102,120
Minimum for Capital Adequacy Purposes, ratio	6500.00%	6.50%
Tier 1 Capital (to average assets)
Actual, amount	$ 251,565	$ 189,365
Actual, ratio	0.110	0.099
Minimum to be Well Capitalized, amount	$ 91,269	$ 76,182
Minimum to be Well Capitalized, ratio	0.040	0.040
Minimum for Capital Adequacy Purposes, amount	$ 114,086	$ 95,227
Minimum for Capital Adequacy Purposes, ratio	0.050	0.050

REGULATORY RESTRICTION ON DIV_2

REGULATORY RESTRICTION ON DIVIDEND (Details)	12 Months Ended
	Dec. 31, 2020
Disclosure of Restrictions on Dividends, Loans and Advances Disclosure [Abstract]
Number of preceding years, the retained net profits of which is considered for dividend payment	2 years

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Financial assets:
Certificates of deposit with banks	$ 11,803,000	$ 12,549,000
Investment securities available-for-sale	410,624,000	235,821,000
Equity securities	27,585,000	18,514,000
Mortgage servicing rights	2,900,000	300,000
Bank-owned life insurance	41,262,000	35,374,000
Financial liabilities:
FHLB and other borrowings	0	222,885,000
FHLB and other borrowings
Financial liabilities:
Derivative liability	0	0
Carrying Value
Financial assets:
Cash and cash equivalents	263,893,000	28,002,000
Certificates of deposit with banks	11,803,000	12,549,000
Investment securities available-for-sale	410,624,000	235,821,000
Equity securities	27,585,000	18,514,000
Loans held-for-sale	1,062,000	109,788,000
Loans	1,427,900,000	1,362,766,000
Mortgage servicing rights	2,942,000	348,000
Accrued interest receivable	7,793,000	7,909,000
Bank-owned life insurance	41,262,000	35,374,000
Financial liabilities:
Deposits	1,982,389,000	1,265,042,000
Repurchase agreements	10,266,000	10,172,000
Accrued interest payable	572,000	1,060,000
Subordinated debt	43,407,000	4,124,000
Carrying Value | Interest rate lock commitment
Financial assets:
Derivative asset		1,660,000
Carrying Value | Interest rate swap
Financial assets:
Derivative asset	13,822,000	5,722,000
Financial liabilities:
Derivative liability	13,822,000	5,722,000
Carrying Value | Fair value hedge
Financial assets:
Derivative asset	2,215,000	1,770,000
Financial liabilities:
Derivative liability	2,141,000	1,418,000
Carrying Value | FHLB and other borrowings
Financial liabilities:
FHLB and other borrowings		222,885,000
Carrying Value | Mortgage-backed security hedges
Financial liabilities:
Derivative liability		186,000
Estimated Fair Value
Financial assets:
Cash and cash equivalents	263,893,000	28,002,000
Certificates of deposit with banks	11,986,000	12,586,000
Investment securities available-for-sale	410,624,000	235,821,000
Equity securities	27,585,000	18,514,000
Loans held-for-sale	1,062,000	109,788,000
Loans	1,434,275,000	1,364,706,000
Mortgage servicing rights	2,942,000	348,000
Accrued interest receivable	7,793,000	7,909,000
Bank-owned life insurance	41,262,000	35,374,000
Financial liabilities:
Deposits	1,964,860,000	1,249,135,000
Repurchase agreements	10,266,000	10,172,000
Accrued interest payable	572,000	1,060,000
Subordinated debt	45,536,000	4,124,000
Estimated Fair Value | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial assets:
Cash and cash equivalents	263,893,000	28,002,000
Certificates of deposit with banks	0	0
Investment securities available-for-sale	0	0
Equity securities	472,000	0
Loans held-for-sale	0	0
Loans	0	0
Mortgage servicing rights	0	0
Accrued interest receivable	0	0
Bank-owned life insurance	0	0
Financial liabilities:
Deposits	0	0
Repurchase agreements	0	0
Accrued interest payable	0	0
Subordinated debt	0	0
Estimated Fair Value | Significant Other Observable Inputs (Level II)
Financial assets:
Cash and cash equivalents	0	0
Certificates of deposit with banks	11,986,000	12,586,000
Investment securities available-for-sale	366,945,000	198,562,000
Equity securities	0	0
Loans held-for-sale	1,062,000	109,788,000
Loans	0	0
Mortgage servicing rights	0	0
Accrued interest receivable	2,770,000	1,592,000
Bank-owned life insurance	41,262,000	35,374,000
Financial liabilities:
Deposits	1,964,860,000	1,249,135,000
Repurchase agreements	10,266,000	10,172,000
Accrued interest payable	572,000	1,060,000
Subordinated debt	45,536,000	4,124,000
Estimated Fair Value | Significant Unobservable Inputs (Level III)
Financial assets:
Cash and cash equivalents	0	0
Certificates of deposit with banks	0	0
Investment securities available-for-sale	43,679,000	37,259,000
Equity securities	27,113,000	18,514,000
Loans held-for-sale	0	0
Loans	1,434,275,000	1,364,706,000
Mortgage servicing rights	2,942,000	348,000
Accrued interest receivable	5,023,000	6,317,000
Bank-owned life insurance	0	0
Financial liabilities:
Deposits	0	0
Repurchase agreements	0	0
Accrued interest payable	0	0
Subordinated debt	0	0
Estimated Fair Value | Interest rate lock commitment
Financial assets:
Derivative asset		1,660,000
Estimated Fair Value | Interest rate lock commitment | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial assets:
Derivative asset		0
Estimated Fair Value | Interest rate lock commitment | Significant Other Observable Inputs (Level II)
Financial assets:
Derivative asset		0
Estimated Fair Value | Interest rate lock commitment | Significant Unobservable Inputs (Level III)
Financial assets:
Derivative asset		1,660,000
Estimated Fair Value | Interest rate swap
Financial assets:
Derivative asset	13,822,000	5,722,000
Financial liabilities:
Derivative liability	13,822,000	5,722,000
Estimated Fair Value | Interest rate swap | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial assets:
Derivative asset	0	0
Financial liabilities:
Derivative liability	0	0
Estimated Fair Value | Interest rate swap | Significant Other Observable Inputs (Level II)
Financial assets:
Derivative asset	13,822,000	5,722,000
Financial liabilities:
Derivative liability	13,822,000	5,722,000
Estimated Fair Value | Interest rate swap | Significant Unobservable Inputs (Level III)
Financial assets:
Derivative asset	0	0
Financial liabilities:
Derivative liability	0	0
Estimated Fair Value | Fair value hedge
Financial assets:
Derivative asset	2,215,000	1,770,000
Financial liabilities:
Derivative liability	2,141,000	1,418,000
Estimated Fair Value | Fair value hedge | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial assets:
Derivative asset	0	0
Financial liabilities:
Derivative liability	0	0
Estimated Fair Value | Fair value hedge | Significant Other Observable Inputs (Level II)
Financial assets:
Derivative asset	2,215,000	1,770,000
Financial liabilities:
Derivative liability	2,141,000	1,418,000
Estimated Fair Value | Fair value hedge | Significant Unobservable Inputs (Level III)
Financial assets:
Derivative asset	0	0
Financial liabilities:
Derivative liability	$ 0
Estimated Fair Value | FHLB and other borrowings
Financial liabilities:
FHLB and other borrowings		222,891,000
Estimated Fair Value | FHLB and other borrowings | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial liabilities:
FHLB and other borrowings		0
Estimated Fair Value | FHLB and other borrowings | Significant Other Observable Inputs (Level II)
Financial liabilities:
FHLB and other borrowings		222,891,000
Estimated Fair Value | FHLB and other borrowings | Significant Unobservable Inputs (Level III)
Financial liabilities:
FHLB and other borrowings		0
Estimated Fair Value | Mortgage-backed security hedges
Financial liabilities:
Derivative liability		186,000
Estimated Fair Value | Mortgage-backed security hedges | Quoted Prices in Active Markets for Identical Assets (Level I)
Financial liabilities:
Derivative liability		0
Estimated Fair Value | Mortgage-backed security hedges | Significant Other Observable Inputs (Level II)
Financial liabilities:
Derivative liability		186,000
Estimated Fair Value | Mortgage-backed security hedges | Significant Unobservable Inputs (Level III)
Financial liabilities:
Derivative liability		$ 0

FAIR VALUE MEASUREMENTS - Asset

FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Fair value of assets and liabilities
Investment securities available-for-sale	$ 410,624	$ 235,821
Equity securities	27,585	18,514
Recurring
Fair value of assets and liabilities
Equity securities	472
Loans held-for-sale	1,062	109,788
Recurring | Level I
Fair value of assets and liabilities
Equity securities	472
Loans held-for-sale	0	0
Recurring | Level II
Fair value of assets and liabilities
Equity securities	0
Loans held-for-sale	1,062	109,788
Recurring | Level III
Fair value of assets and liabilities
Equity securities	0
Loans held-for-sale	0	0
United States government agency securities
Fair value of assets and liabilities
Investment securities available-for-sale	56,992	51,996
United States government agency securities | Recurring
Fair value of assets and liabilities
Investment securities available-for-sale	56,992	51,996
United States government agency securities | Recurring | Level I
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
United States government agency securities | Recurring | Level II
Fair value of assets and liabilities
Investment securities available-for-sale	56,992	51,996
United States government agency securities | Recurring | Level III
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
United States sponsored mortgage-backed securities
Fair value of assets and liabilities
Investment securities available-for-sale	95,769	58,312
United States sponsored mortgage-backed securities | Recurring
Fair value of assets and liabilities
Investment securities available-for-sale	95,769	58,312
United States sponsored mortgage-backed securities | Recurring | Level I
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
United States sponsored mortgage-backed securities | Recurring | Level II
Fair value of assets and liabilities
Investment securities available-for-sale	95,769	58,312
United States sponsored mortgage-backed securities | Recurring | Level III
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
Municipal securities | Recurring
Fair value of assets and liabilities
Investment securities available-for-sale	231,887	113,092
Municipal securities | Recurring | Level I
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
Municipal securities | Recurring | Level II
Fair value of assets and liabilities
Investment securities available-for-sale	188,208	75,833
Municipal securities | Recurring | Level III
Fair value of assets and liabilities
Investment securities available-for-sale	43,679	37,259
Other securities
Fair value of assets and liabilities
Investment securities available-for-sale	18,476	12,421
Other securities | Recurring
Fair value of assets and liabilities
Investment securities available-for-sale	18,476	12,421
Other securities | Recurring | Level I
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
Other securities | Recurring | Level II
Fair value of assets and liabilities
Investment securities available-for-sale	18,476	12,421
Other securities | Recurring | Level III
Fair value of assets and liabilities
Investment securities available-for-sale	0	0
Interest rate lock commitment | Recurring
Fair value of assets and liabilities
Derivative asset		1,660
Interest rate lock commitment | Recurring | Level I
Fair value of assets and liabilities
Derivative asset		0
Interest rate lock commitment | Recurring | Level II
Fair value of assets and liabilities
Derivative asset		0
Interest rate lock commitment | Recurring | Level III
Fair value of assets and liabilities
Derivative asset		1,660
Interest rate swap | Recurring
Fair value of assets and liabilities
Derivative asset	13,822	5,722
Derivative liability	13,822	5,722
Interest rate swap | Recurring | Level I
Fair value of assets and liabilities
Derivative asset	0	0
Derivative liability	0	0
Interest rate swap | Recurring | Level II
Fair value of assets and liabilities
Derivative asset	13,822	5,722
Derivative liability	13,822	5,722
Interest rate swap | Recurring | Level III
Fair value of assets and liabilities
Derivative asset	0	0
Derivative liability	0	0
Fair value hedge | Recurring
Fair value of assets and liabilities
Derivative asset	2,215	1,770
Derivative liability	2,141	1,418
Fair value hedge | Recurring | Level I
Fair value of assets and liabilities
Derivative asset	0	0
Derivative liability	0	0
Fair value hedge | Recurring | Level II
Fair value of assets and liabilities
Derivative asset	2,215	1,770
Derivative liability	2,141	1,418
Fair value hedge | Recurring | Level III
Fair value of assets and liabilities
Derivative asset	0	0
Derivative liability	$ 0	0
Mortgage-backed security hedges | Recurring
Fair value of assets and liabilities
Derivative liability		186
Mortgage-backed security hedges | Recurring | Level I
Fair value of assets and liabilities
Derivative liability		0
Mortgage-backed security hedges | Recurring | Level II
Fair value of assets and liabilities
Derivative liability		186
Mortgage-backed security hedges | Recurring | Level III
Fair value of assets and liabilities
Derivative liability		$ 0

FAIR VALUE MEASUREMENTS - Recur

FAIR VALUE MEASUREMENTS - Recurring Level III Assets (Details) - Level III - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 38,919	$ 35,172
Realized and unrealized gains (losses) included in earnings	(1,657)	(90)
Purchase of securities	22,228	842
Maturities/calls	(15,778)	(15,716)
Reclassification to nonrecurring assets		(300)
Unrealized gain included in other comprehensive income (loss)	7,119	34,702
Unrealized loss included in other comprehensive income (loss)	(7,152)	(15,691)
Ending balance	43,679	38,919
Equity Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0	300
Realized and unrealized gains (losses) included in earnings	0	0
Purchase of securities	0	0
Maturities/calls	0	0
Reclassification to nonrecurring assets		(300)
Unrealized gain included in other comprehensive income (loss)	0	0
Unrealized loss included in other comprehensive income (loss)	0	0
Ending balance	0	0
Interest rate lock commitment | Interest Rate Lock Commitments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	1,660	1,750
Realized and unrealized gains (losses) included in earnings	(1,660)	(90)
Purchase of securities	0	0
Maturities/calls	0	0
Reclassification to nonrecurring assets		0
Unrealized gain included in other comprehensive income (loss)	0	0
Unrealized loss included in other comprehensive income (loss)	0	0
Ending balance	0	1,660
Municipal Securities | Total debt securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	37,259	33,122
Realized and unrealized gains (losses) included in earnings	3	0
Purchase of securities	22,228	842
Maturities/calls	(15,778)	(15,716)
Reclassification to nonrecurring assets		0
Unrealized gain included in other comprehensive income (loss)	7,119	34,702
Unrealized loss included in other comprehensive income (loss)	(7,152)	(15,691)
Ending balance	$ 43,679	$ 37,259

FAIR VALUE MEASUREMENTS - Ass_2

FAIR VALUE MEASUREMENTS - Assets Measured at Fair Value on Nonrecurring Basis (Details) - Non-recurring - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 14,098	$ 8,909
Impaired loans | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Impaired loans | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Impaired loans | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	14,098	8,909
Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	5,730	1,397
Other real estate owned | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Other real estate owned | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Other real estate owned | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	5,730	1,397
Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	27,113	18,514
Equity Securities | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Equity Securities | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Equity Securities | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	27,113	$ 18,514
Other debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	7,500
Other debt securities | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Other debt securities | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Other debt securities | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 7,500

FAIR VALUE MEASUREMENTS - Quant

FAIR VALUE MEASUREMENTS - Quantitative Information About Level III Significant Unobservable Inputs (Details) $ in Thousands	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Non-recurring | Other debt securities | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	$ 7,500
Non-recurring | Equity Securities | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value		$ 18,514
Non-recurring | Impaired loans
Quantitative Information about Level III Fair Value Measurements
Fair Value	14,098	8,909
Non-recurring | Impaired loans | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	14,098	8,909
Non-recurring | Other real estate owned
Quantitative Information about Level III Fair Value Measurements
Fair Value	5,730	1,397
Non-recurring | Other real estate owned | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	5,730	1,397
Recurring | Equity Securities | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	27,113
Recurring | Municipal Securities | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value	$ 43,679	37,259
Recurring | Interest rate lock commitment | Level III
Quantitative Information about Level III Fair Value Measurements
Fair Value		$ 1,660
Appraisal adjustments | Non-recurring | Impaired loans | Appraisal of collateral | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Impaired loans	0.20	0.20
Appraisal adjustments | Non-recurring | Impaired loans | Appraisal of collateral | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Impaired loans	0.62	0.62
Appraisal adjustments | Non-recurring | Other real estate owned | Appraisal of collateral | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Other real estate owned	0.20	0.20
Appraisal adjustments | Non-recurring | Other real estate owned | Appraisal of collateral | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Other real estate owned	0.30	0.30
Appraisal adjustments | Recurring | Municipal Securities | Appraisal of bond | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Municipal securities	0.05	0.05
Appraisal adjustments | Recurring | Municipal Securities | Appraisal of bond | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Municipal securities	0.15	0.15
Liquidation expense | Non-recurring | Impaired loans | Appraisal of collateral | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Impaired loans	0.05	0.05
Liquidation expense | Non-recurring | Impaired loans | Appraisal of collateral | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Impaired loans	0.10	0.10
Liquidation expense | Non-recurring | Other real estate owned | Appraisal of collateral | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Other real estate owned	0.05	0.05
Liquidation expense | Non-recurring | Other real estate owned | Appraisal of collateral | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Other real estate owned	0.10	0.10
Pull through rates | Recurring | Interest rate lock commitment | Pricing model | Level III | Minimum
Quantitative Information about Level III Fair Value Measurements
Derivative asset measurement input		0.77
Pull through rates | Recurring | Interest rate lock commitment | Pricing model | Level III | Maximum
Quantitative Information about Level III Fair Value Measurements
Derivative asset measurement input		0.82
Cost minus impairment | Non-recurring | Other debt securities | Net asset value | Level III
Quantitative Information about Level III Fair Value Measurements
Securities	0
Cost minus impairment | Non-recurring | Equity Securities | Net asset value | Level III
Quantitative Information about Level III Fair Value Measurements
Securities	0	0

COMPREHENSIVE INCOME - Reclassi

COMPREHENSIVE INCOME - Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Comprehensive Income
Gain (loss) on sale of available-for-sale securities, net									$ 914	$ (166)	$ 327
Salaries and employee benefits									(61,629)	(56,175)	(46,224)
Interest on investment securities									2,448	3,055	3,580
Income from continuing operations, before income taxes									46,943	35,014	15,376
Income tax expense									(9,532)	(8,450)	(3,373)
Net income	$ 11,838	$ 6,491	$ 18,034	$ 1,048	$ 4,095	$ 4,327	$ 15,377	$ 3,192	37,411	26,991	12,003
Amount Reclassified from AOCI
Comprehensive Income
Net income									723	(352)	16
Available-for-sale securities | Amount Reclassified from AOCI
Comprehensive Income
Gain (loss) on sale of available-for-sale securities, net									914	(166)	327
Income from continuing operations, before income taxes									914	(166)	327
Income tax expense									(214)	44	(88)
Net income									700	(122)	239
Defined benefit pension plan items | Amount Reclassified from AOCI
Comprehensive Income
Salaries and employee benefits									(420)	(271)	(306)
Income from continuing operations, before income taxes									(420)	(271)	(306)
Income tax expense									98	73	83
Net income									(322)	(198)	(223)
Investment hedge | Amount Reclassified from AOCI
Comprehensive Income
Interest on investment securities									473	(44)	0
Income from continuing operations, before income taxes									473	(44)	0
Income tax expense									(128)	12	0
Net income									$ 345	$ (32)	$ 0

COMPREHENSIVE INCOME - Componen

COMPREHENSIVE INCOME - Components of AOCI (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	$ 211,936	$ 176,773	$ 150,192
Other comprehensive income (loss) before reclassification	4,270	5,133
Amounts reclassified from AOCI	(723)	352
Total other comprehensive income (loss)	3,547	5,485	(3,074)
Ending balance	239,483	211,936	176,773
Unrealized gains (losses) on available for-sale securities
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	2,942	(3,384)
Other comprehensive income (loss) before reclassification	5,344	6,204
Amounts reclassified from AOCI	(700)	122
Total other comprehensive income (loss)	4,644	6,326
Ending balance	7,586	2,942	(3,384)
Defined benefit pension plan items
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	(4,295)	(3,422)
Other comprehensive income (loss) before reclassification	(1,074)	(1,071)
Amounts reclassified from AOCI	322	198
Total other comprehensive income (loss)	(752)	(873)
Ending balance	(5,047)	(4,295)	(3,422)
Investment hedge
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	32	0
Other comprehensive income (loss) before reclassification	0	0
Amounts reclassified from AOCI	(345)	32
Total other comprehensive income (loss)	(345)	32
Ending balance	(313)	32	0
AOCI attributable to parent
Accumulated Other Comprehensive Income (AOCI)
Beginning balance	(1,321)	(6,806)	(2,988)
Total other comprehensive income (loss)	3,547	5,485	(3,074)
Ending balance	$ 2,226	$ (1,321)	$ (6,806)

CONDENSED FINANCIAL STATEMENT_3

CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY - Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Assets
Investment in subsidiaries	$ 46,494	$ 0
TOTAL ASSETS	2,331,476	1,944,114
Liabilities and stockholders’ equity
Total liabilities	2,091,993	1,732,178
Total stockholders’ equity	239,483	211,936	$ 176,773	$ 150,192
Total liabilities and stockholders’ equity	2,331,476	1,944,114
Parent Company
Assets
Cash	15,566	1,058
Investment in subsidiaries	265,679	211,271
Other assets	6,077	6,397
TOTAL ASSETS	287,322	218,726
Liabilities and stockholders’ equity
Other liabilities	4,432	2,666
Subordinated debt	43,407	4,124
Total liabilities	47,839	6,790
Total stockholders’ equity	239,483	211,936
Total liabilities and stockholders’ equity	$ 287,322	$ 218,726

CONDENSED FINANCIAL STATEMENT_4

CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY - Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Condensed Statements of income
Income tax expense - continuing operations									$ 9,532	$ 8,450	$ 3,373
Income from discontinued operations, before income taxes									0	575	0
Income tax expense - discontinued operations									0	148	0
Net income from discontinued operations									0	427	0
Equity in undistributed income earnings of subsidiaries									24,174	0	0
Net income	$ 11,838	$ 6,491	$ 18,034	$ 1,048	$ 4,095	$ 4,327	$ 15,377	$ 3,192	37,411	26,991	12,003
Preferred dividends									461	479	489
Net income available to common shareholders									36,950	26,512	11,514
Parent Company
Condensed Statements of income
Income, dividends from Bank subsidiary									6,688	6,280	8,906
Operating expenses									16,804	14,296	13,439
Loss from continuing operations, before income taxes									(10,116)	(8,016)	(4,533)
Income tax expense - continuing operations									(2,082)	(1,880)	(1,569)
Net loss from continuing operations									(8,034)	(6,136)	(2,964)
Income from discontinued operations, before income taxes									0	575	0
Income tax expense - discontinued operations									0	148	0
Net income from discontinued operations									0	427	0
Equity in undistributed income earnings of subsidiaries									45,445	32,700	14,967
Net income									37,411	26,991	12,003
Preferred dividends									461	479	489
Net income available to common shareholders									$ 36,950	$ 26,512	$ 11,514

CONDENSED FINANCIAL STATEMENT_5

CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY - Cash Flow (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
OPERATING ACTIVITIES
Net income	$ 11,838	$ 6,491	$ 18,034	$ 1,048	$ 4,095	$ 4,327	$ 15,377	$ 3,192	$ 37,411	$ 26,991	$ 12,003
Equity in undistributed earnings of subsidiaries									(24,174)	0	0
Stock-based compensation									2,353	1,759	1,267
Other assets									(27,286)	(14,753)	(3,013)
Net cash from operating activities									112,235	(8,062)	6,694
INVESTING ACTIVITIES
Net cash from investing activities									(294,111)	(120,055)	(209,977)
FINANCING ACTIVITIES
Common stock repurchased									(15,746)	0	0
Preferred stock redemption									0	(500)	0
Common stock options exercised									4,464	2,164	2,129
Cash dividends paid on common stock									(4,275)	(2,290)	(1,220)
Cash dividends paid on preferred stock									(461)	(479)	(489)
Net cash from financing activities									417,767	133,898	205,199
Net change in cash									235,891	5,781	1,916
Cash and cash equivalents at beginning of period				28,002				22,221	28,002	22,221	20,305
Cash and cash equivalents at end of period	263,893				28,002				263,893	28,002	22,221
Noncash common stock converted from subordinated debt									0	1,000	15,965
Parent Company
OPERATING ACTIVITIES
Net income									37,411	26,991	12,003
Equity in undistributed earnings of subsidiaries									(45,445)	(32,700)	(14,967)
Stock-based compensation									2,353	1,759	1,267
Other assets									(2,101)	(4,104)	1,997
Other liabilities									1,767	344	1,311
Net cash from operating activities									(6,015)	(7,710)	1,611
INVESTING ACTIVITIES
Investment in subsidiaries									(2,982)	16,791	(2,194)
Net cash from investing activities									(2,982)	16,791	(2,194)
FINANCING ACTIVITIES
Proceeds from stock issuance									240	1,033	0
AOCI reclassification of pension and available-for-sale investments									0	0	743
Subordinated debt issuance (redemption)									40,000	(12,400)	(35)
Common stock repurchased									(15,746)	0	0
Preferred stock redemption									0	(500)	0
Common stock options exercised									4,464	2,164	2,129
Cash dividends paid on common stock									(4,275)	(2,290)	(1,220)
Cash dividends paid on preferred stock									(461)	(479)	(489)
Net cash from financing activities									24,222	(12,472)	1,128
Net change in cash									15,225	(3,391)	545
Cash and cash equivalents at beginning of period				$ 1,058				$ 4,449	1,058	4,449	3,904
Cash and cash equivalents at end of period	$ 16,283				$ 1,058				16,283	1,058	4,449
Noncash common stock converted from subordinated debt									$ 0	$ 1,000	$ 15,965

SEGMENT REPORTING - Reportable

SEGMENT REPORTING - Reportable Segments and Reconciliation (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020USD ($)	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2020USD ($)segment	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Information About the Reportable Segments
Number of Reportable Segments | segment									3
Interest income	$ 19,353	$ 18,627	$ 21,774	$ 20,699	$ 21,230	$ 21,038	$ 20,470	$ 19,623	$ 80,453	$ 82,361	$ 69,760
Interest expense									11,627	22,961	17,706
NET INTEREST INCOME	17,687	16,510	18,458	16,171	15,865	15,034	14,529	13,972	68,826	59,400	52,054
Provision for loan losses									16,579	1,789	2,440
Net interest income after provision for loan losses									52,247	57,611	49,614
Noninterest Income:
Mortgage fee income									33,427	41,045	32,337
Other income									58,410	23,559	6,303
Total noninterest income									91,837	64,604	38,640
Noninterest Expenses:
Salaries and employee benefits									61,629	56,175	46,224
Other expenses									35,512	31,026	26,654
Total noninterest expense									97,141	87,201	72,878
Income (loss) before income taxes									46,943	35,014	15,376
Income tax expense (benefit)									9,532	8,450	3,373
Net income (loss) from continuing operations									37,411	26,564	12,003
Income from discontinued operations, before income taxes									0	575	0
Income tax expense - discontinued operations									0	148	0
Net income from discontinued operations										427
Net income	11,838	$ 6,491	$ 18,034	$ 1,048	4,095	$ 4,327	$ 15,377	$ 3,192	37,411	26,991	12,003
Preferred dividends									461	479	489
Net income available to common shareholders									36,950	26,512	11,514
Capital expenditures									6,615	2,042	2,693
Total assets	2,331,476				1,944,114				2,331,476	1,944,114
Goodwill	2,350				19,630				2,350	19,630	18,480	$ 18,480
Operating Segments | CoRe Banking
Information About the Reportable Segments
Interest income									75,812	75,874	63,762
Interest expense									10,400	18,698	13,667
NET INTEREST INCOME									65,412	57,176	50,095
Provision for loan losses									16,649	1,622	2,386
Net interest income after provision for loan losses									48,763	55,554	47,709
Noninterest Income:
Mortgage fee income									247	657	585
Other income									30,082	23,033	6,479
Total noninterest income									30,329	23,690	7,064
Noninterest Expenses:
Salaries and employee benefits									28,801	19,067	14,924
Other expenses									33,298	25,070	20,081
Total noninterest expense									62,099	44,137	35,005
Income (loss) before income taxes									16,993	35,107	19,768
Income tax expense (benefit)									1,752	8,175	4,265
Net income (loss) from continuing operations										26,932
Income from discontinued operations, before income taxes										0
Income tax expense - discontinued operations										0
Net income from discontinued operations										0
Net income									15,241	26,932	15,503
Preferred dividends									0	0	0
Net income available to common shareholders									15,241	26,932	15,503
Capital expenditures									6,439	1,438	2,284
Total assets	2,343,556				1,953,975				2,343,556	1,953,975
Goodwill	2,350				2,748				2,350	2,748
Operating Segments | Mortgage Banking
Information About the Reportable Segments
Interest income									6,269	8,342	6,667
Interest expense									3,139	6,014	4,085
NET INTEREST INCOME									3,130	2,328	2,582
Provision for loan losses									(70)	167	54
Net interest income after provision for loan losses									3,200	2,161	2,528
Noninterest Income:
Mortgage fee income									33,722	41,040	32,880
Other income									29,768	1,289	(243)
Total noninterest income									63,490	42,329	32,637
Noninterest Expenses:
Salaries and employee benefits									21,550	28,432	23,927
Other expenses									5,074	8,136	8,608
Total noninterest expense									26,624	36,568	32,535
Income (loss) before income taxes									40,066	7,922	2,630
Income tax expense (benefit)									9,862	2,155	677
Net income (loss) from continuing operations										5,767
Income from discontinued operations, before income taxes										0
Income tax expense - discontinued operations										0
Net income from discontinued operations										0
Net income									30,204	5,767	1,953
Preferred dividends									0	0	0
Net income available to common shareholders									30,204	5,767	1,953
Capital expenditures									99	112	272
Total assets	58,140				248,382				58,140	248,382
Goodwill	0				16,882				0	16,882
Operating Segments | Financial Holding Company
Information About the Reportable Segments
Interest income									3	13	5
Interest expense									261	769	1,756
NET INTEREST INCOME									(258)	(756)	(1,751)
Provision for loan losses									0	0	0
Net interest income after provision for loan losses									(258)	(756)	(1,751)
Noninterest Income:
Mortgage fee income									0	0	0
Other income									6,685	6,268	6,411
Total noninterest income									6,685	6,268	6,411
Noninterest Expenses:
Salaries and employee benefits									11,278	8,676	7,373
Other expenses									5,265	4,851	4,309
Total noninterest expense									16,543	13,527	11,682
Income (loss) before income taxes									(10,116)	(8,015)	(7,022)
Income tax expense (benefit)									(2,082)	(1,880)	(1,569)
Net income (loss) from continuing operations										(6,135)
Income from discontinued operations, before income taxes										575
Income tax expense - discontinued operations										148
Net income from discontinued operations										427
Net income									(8,034)	(5,708)	(5,453)
Preferred dividends									461	479	489
Net income available to common shareholders									(8,495)	(6,187)	(5,942)
Capital expenditures									77	492	137
Total assets	284,943				216,411				284,943	216,411
Goodwill	0				0				0	0
Intercompany Eliminations
Information About the Reportable Segments
Interest income									(1,631)	(1,868)	(674)
Interest expense									(2,173)	(2,520)	(1,802)
NET INTEREST INCOME									542	652	1,128
Provision for loan losses									0	0	0
Net interest income after provision for loan losses									542	652	1,128
Noninterest Income:
Mortgage fee income									(542)	(652)	(1,128)
Other income									(8,125)	(7,031)	(6,344)
Total noninterest income									(8,667)	(7,683)	(7,472)
Noninterest Expenses:
Salaries and employee benefits									0	0	0
Other expenses									(8,125)	(7,031)	(6,344)
Total noninterest expense									(8,125)	(7,031)	(6,344)
Income (loss) before income taxes									0	0	0
Income tax expense (benefit)									0	0	0
Net income (loss) from continuing operations										0
Income from discontinued operations, before income taxes										0
Income tax expense - discontinued operations										0
Net income from discontinued operations										0
Net income									0	0	0
Preferred dividends									0	0	0
Net income available to common shareholders									0	0	0
Capital expenditures									0	0	$ 0
Total assets	(355,163)				(474,564)				(355,163)	(474,564)
Goodwill	$ 0				$ 0				$ 0	$ 0

QUARTERLY FINANCIAL DATA (UNA_3

QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Interest income	$ 19,353	$ 18,627	$ 21,774	$ 20,699	$ 21,230	$ 21,038	$ 20,470	$ 19,623	$ 80,453	$ 82,361	$ 69,760
Net Interest Income	17,687	16,510	18,458	16,171	15,865	15,034	14,529	13,972	68,826	59,400	52,054
Income Before Taxes	13,162	8,512	24,042	1,227	5,406	5,668	20,526	3,989
Net income	$ 11,838	$ 6,491	$ 18,034	$ 1,048	$ 4,095	$ 4,327	$ 15,377	$ 3,192	$ 37,411	$ 26,991	$ 12,003
Earnings per common share - basic (in dollars per share)	$ 1	$ 0.53	$ 1.50	$ 0.08	$ 0.34	$ 0.36	$ 1.31	$ 0.26	$ 3.13	$ 2.26	$ 1.04
Earnings per common share - diluted (in dollars per share)	$ 0.97	$ 0.53	$ 1.49	$ 0.08	$ 0.32	$ 0.35	$ 1.18	$ 0.26	$ 3.06	$ 2.20	$ 1

ACQUISITIONS AND DIVESTITURES -

ACQUISITIONS AND DIVESTITURES - Narrative (Details)	1 Months Ended				12 Months Ended
	Aug. 31, 2020USD ($)	Jul. 31, 2020USD ($)	Apr. 30, 2020USD ($)shares	Mar. 31, 2020USD ($)numberOfBank	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Apr. 03, 2020loan	Nov. 30, 2019numberOfBank
Business Acquisition [Line Items]
Assets					$ 2,331,476,000	$ 1,944,114,000
Liabilities					2,091,993,000	1,732,178,000
Gains on acquisition and divestiture activity					17,640,000	0	$ 0
Berkeley County, WV
Business Acquisition [Line Items]
Branch locations held for sale, number | numberOfBank									3
Jefferson County, WV
Business Acquisition [Line Items]
Branch locations held for sale, number | numberOfBank									1
The First State Bank
Business Acquisition [Line Items]
Net asset discount				$ 33,200,000
Branch locations acquired, number | numberOfBank				3
Purchase consideration				$ 1,500,000
Other real estate owned, percent of book value				46.50%
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities			$ 142,520,000	$ 139,960,000
Cash and securities acquired				37,000,000
Loans			60,653,000	83,514,000
Transaction cash consideration received from the FDIC			39,627,000	$ 39,600,000
Number of loans acquired | loan								934
Cash Flows Expected to be Collected			74,216,000
Non-Accretable Credit Adjustments			27,403,000
Accretable FMV Adjustments			13,563,000
Deal related costs					1,200,000
Intercoastal
Business Acquisition [Line Items]
Percentage of common interest acquired		47.00%
Preferred units acquired		$ 7,500,000
Gains on acquisition and divestiture activity		$ 3,300,000
Purchased credit impaired loans | The First State Bank
Business Acquisition [Line Items]
Cash Flows Expected to be Collected			61,981,000
Non-Accretable Credit Adjustments			24,842,000
Accretable FMV Adjustments			11,746,000
Purchased performing loans
Business Acquisition [Line Items]
Cash Flows Expected to be Collected			39,500,000
Purchased performing loans | The First State Bank
Business Acquisition [Line Items]
Cash Flows Expected to be Collected			10,257,000
Non-Accretable Credit Adjustments			2,561,000
Accretable FMV Adjustments			1,817,000
Held-for-sale
Business Acquisition [Line Items]
Loans						$ 42,916,000
Held-for-sale | Eastern Panhandle, West Virginia Branches
Business Acquisition [Line Items]
Deposits assumed			188,100,000
Loans			$ 36,800,000
Gain on sale of banking centers					9,600,000
Assets					0
Liabilities					$ 0
Paladin
Business Acquisition [Line Items]
Number of shares issued | shares			19,278
Grand Software
Business Acquisition [Line Items]
Payments for asset acquisitions	$ 1,000,000
Intangibles resulting from Chartwell acquisition	$ 1,300,000

ACQUISITIONS AND DIVESTITURES_2

ACQUISITIONS AND DIVESTITURES - Acquired Assets and Assumed Liabilities (Details) - The First State Bank - USD ($) $ in Thousands	1 Months Ended
	Apr. 30, 2020	Mar. 31, 2020
Assets acquired at fair value:
Cash and cash equivalents	$ 26,053	$ 26,053
Investment securities - available-for-sale, at fair value	10,964	10,964
Loans	60,653	83,514
OREO	12,090	22,610
Premises and equipment, net	1,570	1,582
Accrued interest receivable and other assets	2,445	2,234
Total fair value of assets acquired	113,775	146,957
Liabilities assumed at fair value:
Deposits - transaction accounts	70,931	70,931
Deposits - certificates of deposit	71,589	69,029
Total deposits	142,520	139,960
FHLB and other borrowings	5,800	5,800
Accrued interest payable and other liabilities	411	411
Total Liabilities	148,731	146,171
Net identifiable assets acquired over/(under) liabilities assumed	(34,956)	$ 786
Fair Value Adjustments
Fair Value Adjustments
Adjustments, Cash and cash equivalents	0
Adjustments, Available for sale investment securities	0
Adjustments, Loans	(22,861)
Adjustments, OREO	(10,520)
Adjustments, Premises and equipment, net	(12)
Adjustments, Accrued interest receivable and other assets	211
Adjustments, Total Assets	(33,182)
Adjustments, Deposits - transaction accounts	0
Adjustments, Deposits - CDs	2,560
Adjustments, Deposits	2,560
Adjustments, FHLB and other borrowings	0
Adjustment, Accrued interest payable and other liabilities	0
Adjustments, Total Liabilities	2,560
Adjustments, Net identifiable assets acquired over/(under) liabilities assumed	$ (35,742)

ACQUISITIONS AND DIVESTITURES_3

ACQUISITIONS AND DIVESTITURES - First State Acquisition (Details) - The First State Bank - USD ($) $ in Thousands	1 Months Ended
	Apr. 30, 2020	Mar. 31, 2020
Business Acquisition [Line Items]
Bargain purchase gain, before tax	$ 4,671
Assets acquired at fair value:
Cash and cash equivalents	26,053	$ 26,053
Investment securities - available-for-sale, at fair value	10,964	10,964
Loans	60,653	83,514
OREO	12,090	22,610
Premises and equipment, net	1,570	1,582
Accrued interest receivable and other assets	2,445	2,234
Total fair value of assets acquired	113,775	146,957
Liabilities assumed at fair value:
Deposits	142,520	139,960
FHLB and other borrowings	5,800	5,800
Accrued interest payable and other liabilities	411	411
Total Liabilities	148,731	146,171
Net identifiable assets acquired over/(under) liabilities assumed	(34,956)	786
Transaction cash consideration received from the FDIC	$ 39,627	$ 39,600

ACQUISITIONS AND DIVESTITURES_4

ACQUISITIONS AND DIVESTITURES - Acquired Loans (Details) $ in Thousands	Apr. 30, 2020USD ($)
Purchased performing loans
Business Acquisition [Line Items]
Cash Flows Expected to be Collected	$ 39,500
The First State Bank
Business Acquisition [Line Items]
Contractually Required Payments Receivable	101,619
Non-Accretable Credit Adjustments	27,403
Cash Flows Expected to be Collected	74,216
Accretable FMV Adjustments	13,563
Carrying Value of Loans Receivable	60,653
The First State Bank | Purchased credit impaired loans
Business Acquisition [Line Items]
Contractually Required Payments Receivable	86,823
Non-Accretable Credit Adjustments	24,842
Cash Flows Expected to be Collected	61,981
Accretable FMV Adjustments	11,746
Carrying Value of Loans Receivable	50,235
The First State Bank | Purchased performing loans
Business Acquisition [Line Items]
Contractually Required Payments Receivable	12,818
Non-Accretable Credit Adjustments	2,561
Cash Flows Expected to be Collected	10,257
Accretable FMV Adjustments	1,817
Carrying Value of Loans Receivable	8,440
The First State Bank | Other purchased loans
Business Acquisition [Line Items]
Contractually Required Payments Receivable	1,978
Non-Accretable Credit Adjustments	0
Cash Flows Expected to be Collected	1,978
Accretable FMV Adjustments	0
Carrying Value of Loans Receivable	$ 1,978

ACQUISITIONS AND DIVESTITURES_5

ACQUISITIONS AND DIVESTITURES - Pro Forma Information (Details) - The First State Bank - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Actual First State results included in Consolidated Statements of Income since acquisition date, Revenue	$ 8,793
Actual First State results included in Consolidated Statements of Income since acquisition date, Net Income	3,351
Pro forma revenue	157,180	$ 133,429
Pro forma net income	$ 34,522	$ 29,290

ACQUISITIONS AND DIVESTITURES_6

ACQUISITIONS AND DIVESTITURES - Assets and Liabilities of Branches Held for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets of branches held-for-sale	$ 0	$ 46,554
Noninterest-bearing deposits	715,791	278,547
Interest-bearing deposits	1,266,598	986,495
Deposits of branches held-for-sale	$ 0	188,270
Held-for-sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loans		42,916
Premises and equipment, net		3,638
Assets of branches held-for-sale		46,554
Noninterest-bearing deposits		19,251
Interest-bearing deposits		169,019
Deposits of branches held-for-sale		$ 188,270

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - $ / shares	1 Months Ended
	Jan. 31, 2021	Dec. 31, 2020
Subsequent Event [Line Items]
Preferred stock, par value (in dollars per share)		$ 1,000
Subsequent Event | Series B Preferred Stock
Subsequent Event [Line Items]
Preferred stock, par value (in dollars per share)	$ 1
Liquidation preference (in dollars per share)	1,000
Dividends declared (in dollars per share)	46.03
Subsequent Event | Series C Preferred Stock
Subsequent Event [Line Items]
Preferred stock, par value (in dollars per share)	1
Liquidation preference (in dollars per share)	1,000
Dividends declared (in dollars per share)	49.86
Subsequent Event | Series B and Series C preferred Stock
Subsequent Event [Line Items]
Redemption price (in dollars per share)	$ 10,000