Primis Financial (FRST) 10-Q 9 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 02, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	Southern National Bancorp of Virginia Inc
Entity Central Index Key	0001325670
Trading Symbol	sona
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		24,117,326
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
Cash and cash equivalents:
Cash and due from financial institutions		$ 6,868	$ 6,939	[1]
Interest-bearing deposits in other financial institutions		24,973	20,877	[1]
Federal funds sold	[1]		795
Total cash and cash equivalents		31,841	28,611	[1]
Securities available for sale, at fair value		156,192	143,377	[1]
Securities held to maturity, at amortized cost (fair value of $88,667 and $89,109, respectively)		90,592	92,462	[1]
Total loans		2,157,215	2,178,824	[1]
Less allowance for loan losses		(11,874)	(12,283)	[1]
Net loans		2,145,341	2,166,541	[1]
Stock in Federal Reserve Bank and Federal Home Loan Bank		18,427	19,522	[1]
Equity investment in mortgage affiliate		3,847	3,829	[1]
Preferred investment in mortgage affiliate		3,305	3,305	[1]
Bank premises and equipment, net		31,478	32,352	[1]
Operating lease right-of-use assets		7,865
Goodwill		101,954	101,954	[1]
Core deposit intangibles, net		8,246	8,609	[1]
Bank-owned life insurance		62,674	62,495	[1]
Other real estate owned		5,041	5,077	[1]
Deferred tax assets, net		13,876	14,104	[1]
Other assets		23,516	19,057	[1]
Total assets		2,704,195	2,701,295	[1]
LIABILITIES AND STOCKHOLDERS' EQUITY
Noninterest-bearing demand deposits		328,808	320,043	[1]
Interest-bearing deposits:
NOW accounts		361,301	345,597	[1]
Money market accounts		426,072	355,469	[1]
Savings accounts		148,547	151,050	[1]
Time deposits		846,325	925,441	[1]
Total interest-bearing deposits		1,782,245	1,777,557	[1]
Total deposits		2,111,053	2,097,600	[1]
Securities sold under agreements to repurchase-short term		13,623	18,721	[1]
Federal Home Loan Bank (FHLB) advances-short term		135,640	163,340	[1]
Junior subordinated debt - long term		9,596	9,584	[1]
Senior subordinated notes-long term		47,080	47,089	[1]
Operating lease liabilities		8,856
Other liabilities		25,658	16,671	[1]
Total liabilities		2,351,506	2,353,005	[1]
Commitments and contingencies (See Note 6)				[1]
Stockholders' equity:
Preferred stock, $0.01 par value. Authorized 5,000,000 shares; no shares issued and outstanding				[1]
Common stock, $0.01 par value. Authorized 45,000,000 shares; 24,107,103 and 24,052,253 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively		241	240	[1]
Additional paid in capital		305,879	305,654	[1]
Retained earnings		48,300	44,985	[1]
Accumulated other comprehensive loss		(1,731)	(2,589)	[1]
Total stockholders' equity		352,689	348,290	[1]
Total liabilities and stockholders' equity		$ 2,704,195	$ 2,701,295	[1]
[1]	Derived from audited consolidated financial statements

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Securities held to maturity fair value (in dollars)	$ 88,667	$ 89,109
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	45,000,000	45,000,000
Common stock, shares issued	24,107,103	24,052,253
Common stock, shares outstanding	24,107,103	24,052,253

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Interest and dividend income:
Interest and fees on loans	$ 27,974	$ 25,905
Interest and dividends on taxable securities	1,425	1,482
Interest and dividends on tax exempt securities	156	159
Interest and dividends on other earning assets	746	467
Interest on federal funds sold	2	7
Total interest and dividend income	30,303	28,020
Interest expense:
Interest on deposits	7,462	3,270
Interest on repurchase agreements	23	22
Interest on junior subordinated debt	150	128
Interest on senior subordinated notes	712	711
Interest on other borrowings	1,004	1,389
Total interest expense	9,351	5,520
Net interest income	20,952	22,500
Provision for loan losses	200	1,600
Net interest income after provision for loan losses	20,752	20,900
Noninterest income:
Account maintenance and deposit service fees	1,687	1,408
Income from bank-owned life insurance	523	307
Equity gain (loss) from mortgage affiliate	18	(317)
Recoveries related to acquired charged-off loans and investment securities	591	1,483
Other	243	198
Total noninterest income	3,062	3,079
Noninterest expenses:
Salaries and benefits	5,812	6,772
Occupancy expenses	1,803	1,650
Furniture and equipment expenses	710	797
Amortization of core deposit intangible	363	362
Virginia franchise tax expense	563	364
FDIC assessment		335
Data processing expense	512	466
Telephone and communication expense	375	594
Net (gain) loss on other real estate owned	(2)	200
Other operating expenses	6,154	2,079
Total noninterest expenses	16,290	13,619
Income before income taxes	7,524	10,360
Income tax expense	1,504	2,101
Net income	6,020	8,259
Other comprehensive income (loss):
Unrealized gain (loss) on available for sale securities	1,084	(1,876)
Accretion of amounts previously recorded upon transfer to held to maturity from available for sale	3	4
Net unrealized gain (loss)	1,087	(1,872)
Tax effect	229	(394)
Other comprehensive income (loss)	858	(1,478)
Comprehensive income	$ 6,878	$ 6,781
Earnings per share, basic (in dollars per share)	$ 0.25	$ 0.34
Earnings per share, diluted (in dollars per share)	$ 0.25	$ 0.34

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2017				$ (1,152)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			$ 8,259		$ 8,259
Changes in other comprehensive income on investment securities, net of tax and accreation				(1,478)	(1,478)
Dividends on common stock			(1,917)		(1,917)
Issuance of common stock under Stock Incentive Plan	$ 1	$ 353			354
Stock-based compensation expense		75			75
Reclassification from accumulated other comprehensive loss to retained earnings due to adoption of ASU 2018-02				(1,381)
Balance at Mar. 31, 2018	240	305,360	25,324	(2,859)	328,065
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Impact of adoption of ASU 2016-02			229	(229)
Balance at Dec. 31, 2018	240	305,654	44,985	(2,589)	348,290	[1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			6,020		6,020
Changes in other comprehensive income on investment securities, net of tax and accreation				858	858
Dividends on common stock			(2,170)		(2,170)
Issuance of common stock under Stock Incentive Plan	1	121			122
Stock-based compensation expense		104			104
Balance at Mar. 31, 2019	$ 241	$ 305,879	48,300	$ (1,731)	352,689
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Impact of adoption of ASU 2016-02			$ (535)		$ (535)
[1]	Derived from audited consolidated financial statements

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Of Stockholders Equity [Abstract]
Tax on change in unrealized loss on securities available for sale	$ 229	$ (394)
Accretion on change in unrecognized loss on securities held to maturity, portion of OTTI	$ 3	$ 3
Common stock dividends per share (in dollars per share)	$ 0.09	$ 0.08
Issuance of common shares under Stock Incentive Plan (in shares)	17,250	51,200

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating activities:
Net income	$ 6,020	$ 8,259
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:
Depreciation and amortization - premises and equipment	881	841
Amortization of operating lease right-of-use assets	586
Amortization of core deposit intangible	363	362
Other amortization, net	497	677
Accretion of loan discount	(816)	(1,212)
Amortization of FDIC indemnification asset	177	173
Provision for loan losses	200	1,600
Earnings on bank-owned life insurance	(523)	(307)
Equity (gain) loss on mortgage affiliate	(18)	317
Stock based compensation expense	104	75
(Gain) loss on other real estate owned	(2)	200
Net (increase) decrease in other assets	(4,420)	1,353
Net increase in other liabilities	8,641	2,064
Net cash and cash equivalents provided by operating activities	11,690	14,402
Investing activities:
Purchases of available for sale investment securities	(15,313)
Proceeds from paydowns, maturities and calls of available for sale investment securities	3,172	3,414
Proceeds from paydowns, maturities and calls of held to maturity investment securities	1,778	1,190
Sales (purchases) of FRB and FHLB stock	1,095	(26)
Net (increase) decrease in loans	21,815	(43,445)
Proceeds from bank-owned life insurance death benefit	344
Proceeds from sales of other real estate owned, net of improvements	38	52
Proceeds from sales of bank premise and equipment and assets held for sale		2,136
Purchases of bank premises and equipment	(7)	(1,623)
Net cash and cash equivalents provided by (used in) investing activities	12,922	(38,302)
Financing activities:
Net increase in deposits	13,464	29,315
Cash dividends paid on common stock	(2,170)	(1,917)
Issuance of common stock under Stock Incentive Plan	122	354
Net decrease in short-term borrowings	(32,798)	(690)
Net cash and cash equivalents provided by (used in) financing activities	(21,382)	27,062
Increase in cash and cash equivalents	3,230	3,162
Cash and cash equivalents at beginning of period	28,611	25,463
Cash and cash equivalents at end of period	31,841	28,625
Cash payments for:
Interest	8,989	4,898
Income taxes		$ 471
Supplemental schedule of noncash investing and financing activities
Initial recognition of operating lease right-of-use assets	8,296
Initial recognition of operating lease liabilities	$ 9,305

ACCOUNTING POLICIES

ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2019
ACCOUNTING POLICIES [Abstract]
ACCOUNTING POLICIES	1. ACCOUNTING POLICIES Southern National Bancorp of Virginia, Inc. (“Southern National” or “SNBV” or the “Company”) is a corporation that was formed on July 28, 2004 under the laws of the Commonwealth of Virginia and is the holding company for Sonabank (“Sonabank” or the “Bank”) a Virginia state-chartered bank which commenced operations on April 14, 2005. As of the close of business on June 23, 2017, SNBV completed its merger with Eastern Virginia Bankshares, Inc. (“EVBS”) and the merger of EVBS’s wholly-owned subsidiary, EVB, with and into SNBV’s wholly-owned subsidiary, Sonabank. Sonabank provides a range of financial services to individuals and small and medium sized businesses. At March 31, 2019, Sonabank had thirty-eight full-service retail branches in Virginia, located in the counties of Chesterfield (2), Essex (2), Fairfax (Reston, McLean and Fairfax), Gloucester (2), Hanover (3), King William, Lancaster, Middlesex (3), New Kent, Northumberland (3), Southampton, Surry, Sussex, and in Charlottesville, Clifton Forge, Colonial Heights, Front Royal, Hampton, Haymarket, Leesburg, Middleburg, New Market, Newport News, Richmond, South Riding, Warrenton, and Williamsburg, and seven full-service retail branches in Maryland, in Rockville, Shady Grove, Bethesda, Upper Marlboro, Brandywine, Owings and Huntingtown. The consolidated financial statements include the accounts of Southern National and its subsidiaries Sonabank and EVB Statutory Trust I (the “Trust”). Significant inter-company accounts and transactions have been eliminated in consolidation. Southern National consolidates subsidiaries in which it holds, directly or indirectly, more than 50 percent of the voting rights or where it exercises control. Entities where Southern National holds 20 to 50 percent of the voting rights, or has the ability to exercise significant influence, or both, are accounted for under the equity method. Southern National has an interest in one affiliate, Southern Trust Mortgage, LLC (“STM”), which it accounts for as an equity method investment. In addition, Southern National owns the Trust which is an unconsolidated subsidiary. The junior subordinated debt owed to the Trust is reported as a liability of Southern National. The unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and instructions for Form 10‑Q and follow general practice within the banking industry. Accordingly, the unaudited consolidated financial statements do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. However, in the opinion of management, all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of the results of the interim periods presented have been made. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for the full year. For further information, refer to the consolidated financial statements and footnotes thereto included in Southern National’s Form 10‑K for the year ended December 31, 2018. Revenue from Contracts with Customers Southern National records revenue from contracts with customers in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts with Customers (Topic 606). Under Topic 606, we 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) we satisfy a performance obligation. Significant revenue has not been recognized in the current reporting period that results from performance obligations satisfied in previous periods. Our primary sources of revenue are derived from financial instruments, namely loans, investment securities, and other financial instruments that are not within the scope of Topic 606. We have evaluated the nature of the Company’s 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 and Comprehensive Income was not necessary. Southern National 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. Operating Leases The Company leases certain properties and equipment under operating leases. For leases in effect upon adoption of FASB Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) at January 1, 2019 and for any leases commencing thereafter, the Company recognizes a liability to make lease payments, the operating lease liability, and an asset representing the right to use the underlying asset during the lease term, the right-of-use asset. The operating lease liability is measured at the present value of the remaining lease payments, discounted at the Company’s incremental borrowing rate at inception. The right-of-use asset is measured at the amount of the operating lease liability adjusted for the remaining balance of any lease incentives received, any cumulative prepaid or accrued rent if the lease payments are uneven throughout the lease term, any unamortized initial direct costs, and any impairment of the right-of-use-asset. Lease expense consists of a single lease cost calculated so that the remaining cost of the lease is allocated over the remaining lease term on a straight-line basis, variable lease payments not included in the operating lease liability, and any impairment of the right-of-use asset. Certain of the Company’s leases contain options to renew the lease; however, these renewal options are not included in the calculation of the operating lease liabilities as they are not reasonably certain to be exercised. The Company’s leases do not contain residual value guarantees or material variable lease payments. The Company does not have any material restrictions or covenants imposed by leases that would impact the Company’s ability to pay dividends or cause the Company to incur additional financial obligations. The Company has made an accounting policy election to not apply the recognition requirements in Topic 842 to short-term leases. The Company has also elected to use the practical expedient to make an accounting policy election for property leases to use the discount rates in effect on January 2, 2019 for the remaining life of the leases. Use of Estimates The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the carrying value of investment securities, other than temporary impairment of investment securities and the valuation of goodwill and intangible assets. Recent Accounting Pronouncements Adoption of New Accounting Standards: In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The FASB issued this ASU to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet by lessees for those leases classified as operating leases under current U.S. GAAP and disclosing key information about leasing arrangements. In July 2018, the FASB issued ASU 2018-10, Codification Improvements to Topic 842, Leases, which updates narrow aspects of the guidance issued in ASU 2016-02. The amendments in this ASU were effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2018. Early adoption of this ASU was permitted for all entities. The Company adopted ASU 2016-02 in the first quarter of 2019 and inventoried and categorized its lease agreements. Upon adoption, the Company recognized right-of-use assets and associated operating lease liabilities of $8.3 million and $9.3 million, respectively. Right-of-use assets and operating lease liabilities are reflected on our consolidated balance sheets. The company currently does not have any finance leases. See Note 5 – Leases for additional disclosures related to leases. In March 2017, the FASB issued ASU 2017-08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20), Premium Amortization on Purchased Callable Debt Securities, which shortens the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. ASU 2017-08 became effective for public entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The company adopted ASU 2017-08 in the first quarter of 2019 and it did not have a material impact on the Company’s consolidated financial statements. In July 2018, the FASB issued ASU 2018-09, Codification Improvements . This ASU makes changes to a variety of topics to clarify, correct errors in, or make minor improvements to the Accounting Standards Codification. The majority of the amendments in ASU 2018-09 were effective for the Company for fiscal years beginning after December 15, 2018. The Company adopted ASU 2018-09 in the first quarter of 2019 and it did not have a material impact on the Company’s consolidated financial statements. New Accounting Standards Not Yet Adopted: In June 2016 , the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which sets forth a “current expected credit loss” ("CECL") model requiring the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. For public business entities that are U.S. Securities and Exchange Commission filers, the amendments in this update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Southern National has engaged a third-party to collect data that will be needed to produce historical inputs into any models created as a result of adopting this ASU. We are currently evaluating the impact of the adoption of this ASU on our consolidated financial statements. In January 2017, the FASB issued ASU 2017-04 , Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, which eliminates the second step of the previous FASB guidance for testing goodwill for impairment and is intended to reduce cost and complexity of goodwill impairment testing. The amendments in this ASU modify the concept of impairment from the condition that exists when the carrying amount of goodwill exceeds its implied fair value to the condition that exists when the carrying amount of a reporting unit exceeds its fair value. After determining if the carrying amount of a reporting unit exceeds its fair value, the entity should take an impairment charge of the same amount to the goodwill for that reporting unit, not to exceed the total goodwill amount for that reporting unit. ASU 2017-04 is effective for annual periods beginning after December 15, 2019, including interim periods within those annual periods. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. Southern National is currently evaluating the impact of adopting the new guidance on its consolidated financial statements. In August 2018, FASB issued ASU 2018-13, Fair Value measurement (Topic 820) . This ASU adds, eliminates and modifies certain disclosure requirements for fair value measurements. The amendments in ASU 2018-13 are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted. The disclosures are effective using the prospective method for certain disclosures and retrospective for majority of the disclosures. Southern National is currently in the process of evaluating the impact of adopting the new guidance on its consolidated financial statements and disclosures.

STOCK- BASED COMPENSATION

STOCK- BASED COMPENSATION	3 Months Ended
	Mar. 31, 2019
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
STOCK-BASED COMPENSATION	2 . STOCK-BASED COMPENSATION In 2004, the Company’s Board of Directors adopted a stock option plan that authorized the reservation of up to 302,500 shares of common stock and provided for the granting of stock options to certain directors, officers and employees. The 2010 Stock Awards and Incentive Plan (the “2010 Plan”) was approved by the Company’s Board of Directors in January 2010 and approved by the stockholders at the Annual Stockholder Meeting in April 2010. The 2010 Plan authorized the reservation of an additional 700,000 shares of common stock for the granting of stock awards. The options granted to officers and employees are incentive stock options and the options granted to non-employee directors are non-qualified stock options. The purpose of the plan is to afford key employees an incentive to remain in the employment of Southern National and to assist in the attracting and retaining of non-employee directors by affording them an opportunity to share in Southern National’s future success. Under the plan, the option’s price cannot be less than the fair market value of the stock on the grant date. The maximum term of the options is ten years and options granted may be subject to a graded vesting schedule. At the June 21, 2017 Annual Meeting of Stockholders of Southern National, the 2017 Equity Compensation Plan (the “2017 Plan”) was approved as recommended by the Board of Directors. The 2017 Plan replaced the 2010 Plan and has a maximum number of 750,000 shares reserved for issuance. The purpose of the 2017 Plan is to promote the success of the Company by providing greater incentive to employees, non-employee directors, consultants and advisors to associate their personal interests with the long-term financial success of the Company, including its subsidiaries, and with growth in stockholder value, consistent with the Company’s risk management practices. Because the 2017 Plan was approved, shares under the 2004 stock-option plan or 2010 Plan will no longer be awarded. A summary of the activity in the stock option plan during the three months ended March 31, 2019 follows: Weighted Weighted Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Shares Price Term (in thousands) Options outstanding, beginning of period 642,350 $ 9.77 Forfeited (1,400) 9.32 Exercised (17,250) 6.40 Options outstanding, end of period 623,700 $ 9.77 4.9 $ 2,988 Exercisable at end of period 480,250 $ 9.04 4.2 $ 2,551 Stock-based compensation expense associated with stock options was $21 thousand and $39 thousand for the three months ended March 31, 2019 and 2018, respectively. As of March 31, 2019, unrecognized compensation expense associated with stock options was $71 thousand, which is expected to be recognized over a weighted average period of 1.5 years. In 2019, 48,500 shares of restricted stock were granted at a weighted average exercise price of $14.15 to certain officers of Southern National under the 2017 Plan and are subject to vesting in five years. These shares are included in the total shares outstanding at March 31, 2019. In 2019, 2,700 shares of restricted stock granted to certain officers of Southern National under the 2017 Plan were forfeited. Restricted stock compensation expense totaled $83 thousand and $6 thousand for the three months ended March 31, 2019 and 2018, respectively. As of March 31, 2019, unrecognized compensation expense associated with restricted stock was $1.4 million, which is expected to be recognized over a weighted average period of 4.4 years.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
SECURITIES	3 . INVESTMENT SECURITIES The amortized cost and fair value of available for sale investment securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows (in thousands): Amortized Gross Unrealized Fair Cost Gains Losses Value March 31, 2019 Residential government-sponsored mortgage-backed securities $ 42,552 $ 15 $ (455) $ 42,112 Obligations of states and political subdivisions 18,235 138 (34) 18,339 Corporate securities 2,007 6 — 2,013 Trust preferred securities 2,589 315 (324) 2,580 Residential government-sponsored collateralized mortgage obligations 42,680 3 (806) 41,877 Government-sponsored agency securities 3,247 — (64) 3,183 Agency commercial mortgage-backed securities 27,947 — (542) 27,405 SBA pool securities 18,921 15 (253) 18,683 Total $ 158,178 $ 492 $ (2,478) $ 156,192 Amortized Gross Unrealized Fair Cost Gains Losses Value December 31, 2018 Residential government-sponsored mortgage-backed securities $ 27,945 $ — $ (643) $ 27,302 Obligations of states and political subdivisions 18,305 30 (280) 18,055 Corporate securities 2,008 1 (1) 2,008 Trust preferred securities 2,589 356 (304) 2,641 Residential government-sponsored collateralized mortgage obligations 44,095 3 (1,041) 43,057 Government-sponsored agency securities 3,247 — (122) 3,125 Agency commercial mortgage-backed securities 28,069 — (765) 27,304 SBA pool securities 20,183 10 (308) 19,885 Total $ 146,441 $ 400 $ (3,464) $ 143,377 The amortized cost, unrecognized gains and losses, and fair value of investment securities held to maturity were as follows (in thousands): Amortized Gross Unrecognized Fair Cost Gains Losses Value March 31, 2019 Residential government-sponsored mortgage-backed securities $ 9,361 $ 4 $ (171) $ 9,194 Obligations of states and political subdivisions 20,693 118 (71) 20,740 Trust preferred securities 2,529 146 (1) 2,674 Residential government-sponsored collateralized mortgage obligations 5,351 — (66) 5,285 Government-sponsored agency securities 52,658 — (1,884) 50,774 Total $ 90,592 $ 268 $ (2,193) $ 88,667 Amortized Gross Unrecognized Fair Cost Gains Losses Value December 31, 2018 Residential government-sponsored mortgage-backed securities $ 9,699 $ 4 $ (230) $ 9,473 Obligations of states and political subdivisions 21,496 85 (147) 21,434 Trust preferred securities 2,610 150 (1) 2,759 Residential government-sponsored collateralized mortgage obligations 6,001 — (91) 5,910 Government-sponsored agency securities 52,656 — (3,123) 49,533 Total $ 92,462 $ 239 $ (3,592) $ 89,109 The amortized cost amounts are net of recognized other than temporary impairment. In the three months ended March 31, 2019, $15.3 million of available for sale investment securities were purchased. The fair value and carrying amount, if different, of debt investment securities as of March 31, 2019, by contractual maturity were as follows (in thousands). Investment securities not due at a single maturity date are shown separately. Available for Sale Held to Maturity Amortized Amortized Cost Fair Value Cost Fair Value Due in one to five years $ 3,358 $ 3,332 $ 4,966 $ 4,970 Due in five to ten years 6,584 6,623 18,942 18,454 Due after ten years 16,136 16,160 51,972 50,764 Residential government-sponsored mortgage-backed securities 42,552 42,112 9,361 9,194 Residential government-sponsored collateralized mortgage obligations 42,680 41,877 5,351 5,285 Agency commercial mortgage-backed securities 27,947 27,405 — — SBA pool securities 18,921 18,683 — — Total $ 158,178 $ 156,192 $ 90,592 $ 88,667 Investment securities with a carrying amount of approximately $160.0 million and $165.7 million at March 31, 2019 and December 31, 2018, respectively, were pledged to secure public deposits, certain other deposits, a line of credit for advances from the Federal Home Loan Bank (“FHLB”) of Atlanta, and repurchase agreements. Southern National monitors the portfolio for indicators of other than temporary impairment. At March 31, 2019 and December 31, 2018, certain investment securities’ fair values were below cost. As outlined in the table below, there were investment securities with fair values totaling approximately $192.0 million in the portfolio with the carrying value exceeding the estimated fair value that are considered temporarily impaired at March 31, 2019. Because the decline in fair value is attributable to changes in interest rates and market illiquidity, and not credit quality, and because we do not have the intent to sell these investment securities and it is likely that we will not be required to sell the investment securities before their anticipated recovery, management does not consider these investment securities to be other than temporarily impaired as of March 31, 2019. The following tables present information regarding investment securities available for sale and held to maturity in a continuous unrealized loss position as of March 31, 2019 and December 31, 2018 by duration of time in a loss position (in thousands): March 31, 2019 Less than 12 months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale value Losses value Losses value Losses Residential government-sponsored mortgage-backed securities $ 149 $ — $ 26,635 $ (455) $ 26,784 $ (455) Obligations of states and political subdivisions — — 6,757 (34) 6,757 (34) Corporate securities — — — — — — Trust preferred securities — — 780 (324) 780 (324) Residential government-sponsored collateralized mortgage obligations — — 41,439 (806) 41,439 (806) Government-sponsored agency securities — — 3,183 (64) 3,183 (64) Agency commercial mortgage-backed securities — — 27,405 (542) 27,405 (542) SBA pool securities 2,549 (21) 12,026 (232) 14,575 (253) Total $ 2,698 $ (21) $ 118,225 $ (2,457) $ 120,923 $ (2,478) March 31, 2019 Less than 12 months 12 Months or More Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Held to Maturity value Losses value Losses value Losses Residential government-sponsored mortgage-backed securities $ — $ — $ 8,661 $ (171) $ 8,661 $ (171) Obligations of states and political subdivisions — — 6,300 (71) 6,300 (71) Trust preferred securities — — 60 (1) 60 (1) Residential government-sponsored collateralized mortgage obligations — — 5,285 (66) 5,285 (66) Government-sponsored agency securities — — 50,774 (1,884) 50,774 (1,884) Total $ — $ — $ 71,080 $ (2,193) $ 71,080 $ (2,193) December 31, 2018 Less than 12 months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale value Losses value Losses value Losses Residential government-sponsored mortgage-backed securities $ 393 $ (5) $ 26,910 $ (638) $ 27,303 $ (643) Obligations of states and political subdivisions 2,220 (78) 13,385 (202) 15,605 (280) Corporate securities 1,008 (1) — — 1,008 (1) Trust preferred securities — — 795 (304) 795 (304) Residential government-sponsored collateralized mortgage obligations — — 42,598 (1,041) 42,598 (1,041) Government-sponsored agency securities — — 3,125 (122) 3,125 (122) Agency commercial mortgage-backed securities — — 27,304 (765) 27,304 (765) SBA pool securities 6,009 (70) 10,546 (238) 16,555 (308) Total $ 9,630 $ (154) $ 124,663 $ (3,310) $ 134,293 $ (3,464) December 31, 2018 Less than 12 months 12 Months or More Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Held to Maturity value Losses value Losses value Losses Residential government-sponsored mortgage-backed securities $ — $ — $ 8,935 $ (230) $ 8,935 $ (230) Obligations of states and political subdivisions 3,273 (10) 7,187 (137) 10,460 (147) Trust preferred securities — — 60 (1) 60 (1) Residential government-sponsored collateralized mortgage obligations — — 5,910 (91) 5,910 (91) Government-sponsored agency securities — — 49,532 (3,123) 49,532 (3,123) Total $ 3,273 $ (10) $ 71,624 $ (3,582) $ 74,897 $ (3,592) As of March 31, 2019, we owned pooled trust preferred securities as follows: % of Previously Current Recognized Defaults and Cumulative Ratings When Estimated Deferrals to Other Tranche Purchased Current Ratings Par Book Fair Total Comprehensive Security Level Moody's Fitch Moody's Fitch Value Value Value Collateral Loss (1) Held to Maturity ALESCO VII A1B Senior Aaa AAA Aa2 AA $ 2,658 $ 2,468 $ 2,614 17 % $ 219 MMCF III B Senior Sub A3 A- Ba1 BBB 61 61 60 45 % 4 2,719 2,529 2,674 $ 223 Cumulative OTTI Available for Sale Related to Other Than Temporarily Impaired: Credit Loss (2) TPREF FUNDING II Mezzanine A1 A- Caa3 D 1,500 1,099 775 28 % $ 400 ALESCO V C1 Mezzanine A2 A Caa1 C 2,150 1,490 1,805 14 % 660 3,650 2,589 2,580 $ 1,060 Total $ 6,369 $ 5,118 $ 5,254 (1) Pre-tax, and represents unrealized losses at date of transfer from available-for-sale to held-to-maturity, net of accretion (2) Pre-tax Each of these investment securities has been evaluated for other than temporary impairment. In performing a detailed cash flow analysis of each investment security, Sonabank works with independent third parties to estimate expected cash flows and assist with the evaluation of other than temporary impairment. The cash flow analyses performed included the following assumptions: · 0.5% of the remaining performing collateral will default or defer per annum. · Recoveries of 9% with a two year lag on all defaults and deferrals. · No prepayments for 10 years and then 1% per annum for the remaining life of the investment security. · Our investment securities have been modeled using the above assumptions by independent third parties using the forward LIBOR curve to discount projected cash flows to present values. We recognized no other than temporary impairment charges during the three months ended March 31, 2019 and 2018, respectively. Changes in accumulated other comprehensive loss by component for the three months ended March 31, 2019 and 2018 are shown in the tables below. All amounts are net of tax (in thousands). Unrealized Holding Losses on Held to Maturity For the three months ended March 31, 2019 Available for Sale Securities Total Beginning balance $ (2,419) $ (170) $ (2,589) Current period other comprehensive income 856 2 858 Ending balance $ (1,563) $ (168) $ (1,731) Unrealized Holding Losses on Held to Maturity For the three months ended March 31, 2018 Available for Sale Securities Total Beginning balance $ (999) $ (153) $ (1,152) Amounts reclassified from accumulated other comprehensive loss due to the adoption of ASU 2018-02 (199) (30) (229) Subtotal (1,198) (183) (1,381) Current period other comprehensive (loss) income (1,482) 4 (1,478) Ending balance $ (2,680) $ (179) $ (2,859)

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	3 Months Ended
	Mar. 31, 2019
Loans and Allowance for Loan Losses [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	4 . LOANS AND ALLOWANCE FOR LOAN LOSSES The following table summarizes the composition of our loan portfolio as of March 31, 2019 and December 31, 2018 (in thousands): March 31, 2019 December 31, 2018 Loans secured by real estate: Commercial real estate - owner occupied $ 416,750 $ 407,031 Commercial real estate - non-owner occupied 549,891 540,698 Secured by farmland 19,682 20,966 Construction and land loans 149,054 146,654 Residential 1-4 family (1) 568,616 565,083 Multi- family residential 83,219 82,516 Home equity lines of credit (1) 121,136 128,225 Total real estate loans 1,908,348 1,891,173 Commercial loans 218,375 255,441 Consumer loans 30,319 32,347 Subtotal 2,157,042 2,178,961 Less deferred costs (fees) on loans 173 (137) Loans, net of deferred fees $ 2,157,215 $ 2,178,824 (1) Includes $18.7 million and $18.3 million of loans as of March 31, 2019 and December 31, 2018, respectively, acquired in the Greater Atlantic Bank (“GAB”) transaction covered under an FDIC loss-share agreement. The agreement covering single family loans expires in December 2019. In the first quarter of 2019, $33.9 million of commercial loans were reclassified into loans secured by real estate, upon review and validation of collateral and Call Report codes. Accounting policy related to the allowance for loan losses is considered a critical policy given the level of estimation, judgment, and uncertainty in the levels of the allowance required to account for the inherent probable losses in the loan portfolio and the material effect such estimation, judgment, and uncertainty can have on the consolidated financial results. As part of the GAB acquisition, the Bank and the FDIC entered into loss sharing agreements on approximately $143.4 million (contractual basis) of GAB’s assets. There were two agreements with the FDIC: one for single family loans which is a 10‑year agreement expiring in December 2019, and one for non-single family (commercial) assets which was a 5‑year agreement which expired in December 2014. The Bank will continue to share in the losses on the loans and foreclosed loan collateral with the FDIC as specified in the loss sharing agreement related to single family loans; we refer to these assets collectively as “covered assets.” Loans that are not covered in the loss sharing agreement are referred to as “non-covered loans”. Covered loans totaled $18.7 million and $18.3 million at March 31, 2019 and December 31, 2018, respectively. Accretable discount on the acquired EVBS, GAB, Prince George’s Federal Savings Bank (“PGFSB”), and the HarVest Bank (“HarVest”) loans totaled $12.6 million and $13.5 million at March 31, 2019 and December 31, 2018, respectively. Accretion of $749 thousand and $816 thousand associated with the acquired loans held for investment was recognized in the three months ended March 31, 2019 and 2018, respectively. For the three acquisitions subsequent to the GAB acquisition noted above, management sold the majority of the purchased credit impaired loans immediately after closing of the acquisition. Impaired loans for the covered and non-covered portfolios were as follows (in thousands): Total Loans Unpaid Recorded Principal Related March 31, 2019 Investment (1) Balance Allowance With no related allowance recorded Commercial real estate - owner occupied $ 4,540 $ 5,989 $ — Commercial real estate - non-owner occupied (2) 3,927 4,421 — Construction and land development 353 365 — Commercial loans 3,560 4,240 — Residential 1-4 family (3) 2,558 4,966 — Other consumer loans 19 40 — Total $ 14,957 $ 20,021 $ — With an allowance recorded Commercial real estate - owner occupied $ — $ — $ — Commercial real estate - non-owner occupied (2) — — — Construction and land development — — — Commercial loans 2,810 4,670 600 Residential 1-4 family (3) 783 831 — Other consumer loans — — — Total $ 3,593 $ 5,501 $ 600 Grand total $ 18,550 $ 25,522 $ 600 (1) Recorded investment is after cumulative prior charge offs of $2.0 million. These loans also have aggregate SBA guarantees of $4 .8 million. (2) Includes loans secured by farmland and multi-family loans. (3) Includes home equity lines of credit. Total Loans Unpaid Recorded Principal Related December 31, 2018 Investment (1) Balance Allowance With no related allowance recorded Commercial real estate - owner occupied $ 2,795 $ 4,777 $ — Commercial real estate - non-owner occupied (2) 171 333 — Construction and land development — 336 — Commercial loans 3,450 6,013 — Residential 1-4 family (3) 1,591 5,911 — Other consumer loans — — — Total $ 8,007 $ 17,370 $ — With an allowance recorded Commercial real estate - owner occupied $ — $ — $ — Commercial real estate - non-owner occupied (2) — — — Construction and land development — — — Commercial loans 2,626 3,276 612 Residential 1-4 family (3) 1,429 1,476 6 Other consumer loans — — — Total $ 4,055 $ 4,752 $ 618 Grand total $ 12,062 $ 22,122 $ 618 (1) Recorded investment is after cumulative prior charge offs of $1.5 million. These loans also have aggregate SBA guarantees of $ 3.4 million. (2) Includes loans secured by farmland and multi-family loans. (3) Includes home equity lines of credit. The following tables present the average recorded investment and interest income recognized for impaired loans recognized by class of loans for the three months ended March 31, 2019 and 2018 (in thousands): Total Loans Average Interest Recorded Income Three Months Ended March 31, 2019 Investment Recognized With no related allowance recorded Commercial real estate - owner occupied $ 6,034 $ 66 Commercial real estate - non-owner occupied (1) 4,435 37 Construction and land development 370 14 Commercial loans 5,011 11 Residential 1-4 family (2) 5,305 59 Other consumer loans 40 — Total $ 21,195 $ 187 With an allowance recorded Commercial real estate - owner occupied $ — $ — Commercial real estate - non-owner occupied (1) — — Construction and land development — — Commercial loans 4,712 50 Residential 1-4 family (2) 984 18 Other consumer loans — — Total $ 5,696 $ 68 Grand total $ 26,891 $ 255 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit. Total Loans Average Interest Recorded Income Three Months Ended March 31, 2018 Investment Recognized With no related allowance recorded Commercial real estate - owner occupied $ 671 $ 9 Commercial real estate - non-owner occupied (1) 877 14 Construction and land development 9,972 — Commercial loans 4,842 3 Residential 1-4 family (2) 3,548 14 Other consumer loans — — Total $ 19,910 $ 40 With an allowance recorded Commercial real estate - owner occupied $ — $ — Commercial real estate - non-owner occupied (1) — — Construction and land development — — Commercial loans 929 — Residential 1-4 family (2) — — Other consumer loans — — Total $ 929 $ — Grand total $ 20,839 $ 40 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit. The following tables present the aging of the recorded investment in past due loans by class of loans as of March 31, 2019 and December 31, 2018 (in thousands): 30 - 59 60 - 89 Days Days 90 Days Total Nonaccrual Loans Not Total March 31, 2019 Past Due Past Due or More Past Due Loans Past Due Loans Total loans: Commercial real estate - owner occupied $ 3,310 $ 164 $ — $ 3,474 $ 1,161 $ 412,115 $ 416,750 Commercial real estate - non-owner occupied (1) 100 200 — 300 1,387 651,105 652,792 Construction and land development 389 28 — 417 — 148,637 149,054 Commercial loans 114 176 — 290 3,375 214,710 218,375 Residential 1-4 family (2) 5,530 331 — 5,861 1,501 682,390 689,752 Other consumer loans 37 — — 37 20 30,262 30,319 Total $ 9,480 $ 899 $ — $ 10,379 $ 7,444 $ 2,139,219 $ 2,157,042 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit. 30 - 59 60 - 89 Days Days 90 Days Total Nonaccrual Loans Not Total December 31, 2018 Past Due Past Due or More Past Due Loans Past Due Loans Total loans: Commercial real estate - owner occupied $ 577 $ 344 $ — $ 921 $ 1,284 $ 404,826 $ 407,031 Commercial real estate - non-owner occupied (1) 581 617 — 1,198 — 642,982 644,180 Construction and land development 851 — — 851 — 145,803 146,654 Commercial loans 319 168 — 487 3,391 251,563 255,441 Residential 1-4 family (2) 5,523 197 — 5,720 2,055 685,533 693,308 Other consumer loans 142 18 — 160 — 32,187 32,347 Total $ 7,993 $ 1,344 $ — $ 9,337 $ 6,730 $ 2,162,894 $ 2,178,961 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit. Nonaccrual loans include SBA guaranteed amounts totaling $4.8 million and $3.4 million at March 31, 2019 and December 31, 2018, respectively. Activity in the allowance for non-covered loan and lease losses for the three months ended March 31, 2019 and 2018 is summarized below (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Owner Non-owner and Land Commercial 1-4 Family Consumer Three Months Ended March 31, 2019 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Allowance for loan losses: Beginning balance $ 802 $ 1,669 $ 821 $ 7,097 $ 1,106 $ 224 $ 564 $ 12,283 Provision (recovery) 11 624 99 (887) 56 83 214 200 Charge offs — (462) — (167) — (60) — (689) Recoveries 3 — — 63 8 6 — 80 Ending balance $ 816 $ 1,831 $ 920 $ 6,106 $ 1,170 $ 253 $ 778 $ 11,874 Three Months Ended March 31, 2018 Allowance for loan losses: Beginning balance $ 690 $ 1,321 $ 692 $ 4,496 $ 1,586 $ 612 $ — $ 9,397 Provision (recovery) 165 229 112 831 (34) 297 — 1,600 Charge offs — — — (230) (166) (91) — (487) Recoveries 4 — — 175 64 2 — 245 Ending balance $ 859 $ 1,550 $ 804 $ 5,272 $ 1,450 $ 820 $ — $ 10,755 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit. The following tables present the balance in the allowance for loan losses and the recorded investment in non-covered loans by portfolio segment and based on impairment method as of March 31, 2019 and December 31, 2018 (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Owner Non-owner and Land Commercial 1-4 Family Consumer March 31, 2019 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ — $ — $ — $ 600 $ — $ — $ — $ 600 Collectively evaluated for impairment 816 1,831 920 5,506 1,170 253 778 11,274 Total ending allowance $ 816 $ 1,831 $ 920 $ 6,106 $ 1,170 $ 253 $ 778 $ 11,874 Loans: Individually evaluated for impairment $ 4,540 $ 3,927 $ 353 $ 3,560 $ 2,558 $ 19 $ — $ 14,957 Collectively evaluated for impairment 412,210 648,865 148,701 214,815 687,194 30,300 — 2,142,085 Total ending loan balances $ 416,750 $ 652,792 $ 149,054 $ 218,375 $ 689,752 $ 30,319 $ — $ 2,157,042 December 31, 2018 Ending allowance balance attributable to loans: Individually evaluated for impairment $ — $ — $ — $ 600 $ — $ — $ — $ 600 Collectively evaluated for impairment 802 1,669 821 6,497 1,106 224 564 11,683 Total ending allowance $ 802 $ 1,669 $ 821 $ 7,097 $ 1,106 $ 224 $ 564 $ 12,283 Loans: Individually evaluated for impairment $ 2,795 $ 171 $ — $ 3,450 $ 1,591 $ — $ — $ 8,007 Collectively evaluated for impairment 404,236 644,009 146,654 251,991 691,717 32,347 — 2,170,954 Total ending loan balances $ 407,031 $ 644,180 $ 146,654 $ 255,441 $ 693,308 $ 32,347 $ — $ 2,178,961 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit. Troubled Debt Restructurings A modification is classified as a troubled debt restructuring (“TDR”) if both of the following exist: (1) the borrower is experiencing financial difficulty and (2) the Bank has granted a concession to the borrower. The Bank determines that a borrower may be experiencing financial difficulty if the borrower is currently delinquent on any of its debt, or if the Bank is concerned that the borrower may not be able to perform in accordance with the current terms of the loan agreement in the foreseeable future. Many aspects of the borrower’s financial situation are assessed when determining whether they are experiencing financial difficulty, particularly as it relates to commercial borrowers due to the complex nature of the loan structure, business/industry risk and borrower/guarantor structures. Concessions may include the reduction of an interest rate at a rate lower than current market rate for a new loan with similar risk, extension of the maturity date, reduction of accrued interest, or principal forgiveness. When evaluating whether a concession has been granted, the Bank also considers whether the borrower has provided additional collateral or guarantors and whether such additions adequately compensate the Bank for the restructured terms, or if the revised terms are consistent with those currently being offered to new loan customers. The assessments of whether a borrower is experiencing (or is likely to experience) financial difficulty and whether a concession has been granted is subjective in nature and management’s judgment is required when determining whether a modification is a TDR. Although each occurrence is unique to the borrower and is evaluated separately, for all portfolio segments, TDRs are typically modified through reduction in interest rates, reductions in payments, changing the payment terms from principal and interest to interest only, and/or extensions in term maturity. As of March 31, 2019, we had two loans in TDRs. One loan was modified in TDRs during the year ending December 31, 2018. One TDR which had been modified in 2013 defaulted in 2015. This loan, in the amount of $656 thousand, was current as of March 31, 2019. Credit Quality Indicators Through its system of internal controls, Southern National evaluates and segments loan portfolio credit quality on a quarterly basis using regulatory definitions for Special Mention, Substandard and Doubtful. Special Mention loans are considered to be criticized. Substandard and Doubtful loans are considered to be classified. Special Mention loans are loans that have a potential weakness that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position. Substandard loans may be inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful loans have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Southern National had no loans classified Doubtful at March 31, 2019 or December 31, 2018. As of March 31, 2019 and December 31, 2018, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows (in thousands): Total Loans Special March 31, 2019 Mention Substandard (3) Pass Total Commercial real estate - owner occupied $ 3,596 $ 5,519 $ 407,635 $ 416,750 Commercial real estate - non-owner occupied (1) 4,255 185 648,352 652,792 Construction and land development — — 149,054 149,054 Commercial loans 5,327 3,218 209,830 218,375 Residential 1-4 family (2) 393 1,957 687,402 689,752 Other consumer loans 137 — 30,182 30,319 Total $ 13,708 $ 10,879 $ 2,132,455 $ 2,157,042 Total Loans Special December 31, 2018 Mention Substandard (3) Pass Total Commercial real estate - owner occupied $ 6,611 $ 2,810 $ 397,610 $ 407,031 Commercial real estate - non-owner occupied (1) 4,382 189 639,609 644,180 Construction and land development — — 146,654 146,654 Commercial loans 2,373 2,689 250,379 255,441 Residential 1-4 family (2) 395 1,982 690,931 693,308 Other consumer loans 142 — 32,205 32,347 Total $ 13,903 $ 7,670 $ 2,157,388 $ 2,178,961 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. (3) Includes SBA guarantees of $4.8 million and $3.4 million as of March 31, 2019 and December 31, 2018. The amount of foreclosed residential real estate property held at March 31, 2019 and December 31, 2018 was $1.2 million. The recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure was $1.1 million and $1.5 million at March 31, 2019 and December 31, 2018, respectively.

LEASES

LEASES	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Leases	5. LEASES The Company leases certain premises and equipment under operating leases. At March 31, 2019, the Company had operating lease liabilities totaling $8.9 million and right-of-use assets totaling $7.8 million related to these leases. Operating lease liabilities and right-of-use assets are reflected in our consolidated balance sheets. We do not currently have any financing leases. For the three months ended March 31, 2019, our net operating lease cost was $586 thousand and was reflected in occupancy expenses on our income statement. The following table presents other information related to our operating leases: For the Three Months Ended March 31, (in thousands except for percent and period data) 2019 Cash paid for amounts included in the measurement of lease liabilities $ 670 Right-of-use assets obtained in exchange for new operating lease liabilities $ 155 Weighted-average remaining lease term - operating leases, in years 6.1 Weighted-average discount rate - operating leases 3.0 % The following table summarizes the maturity of remaining lease liabilities: As of March 31, (dollars in thousands) 2019 Lease payments due: Less than one year $ 1,824 One to three years 3,359 Three to five years 2,367 More than five years 2,199 Total lease payments 9,749 Less: Interest (893) Lease liabilities $ 8,856 As of March 31, 2019, the Company does not have or expect any operating leases that have not yet commenced or will create additional lease liabilities and right-of-use assets for the Company.

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	3 Months Ended
	Mar. 31, 2019
Financial Instruments With Off Balance Sheet Risk [Abstract]
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	6. FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK Southern National 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, standby letters of credit and guarantees of credit card accounts. These instruments involve elements of credit and funding risk in excess of the amount recognized in the consolidated balance sheet. Letters of credit are written conditional commitments issued by Southern National to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. We had letters of credit outstanding totaling $19.2 million as of March 31, 2019 and December 31, 2018. Our exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and letters of credit is based on the contractual amount of these instruments. We use the same credit policies in making commitments and conditional obligations as we do for on-balance sheet instruments. Unless noted otherwise, we do not require collateral or other security to support financial instruments with credit risk. 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 are made predominately for adjustable rate loans, and generally have fixed expiration dates of up to three months or other termination clauses and usually require payment of a fee. Since many of the commitments may expire without being completely drawn upon, the total commitment amounts do not necessarily represent future cash requirements. We evaluate each customer’s creditworthiness on a case-by-case basis. At March 31, 2019 and December 31, 2018, we had unfunded lines of credit and undisbursed construction loan funds totaling $338.2 million and $339.2 million, respectively. Virtually all of our unfunded lines of credit and undisbursed construction loan funds are variable rate.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE	7. EARNINGS PER SHARE The following is a reconciliation of the denominators of the basic and diluted earnings per share (“EPS”) computations (amounts in thousands, except per share data): Weighted Average Income Shares Per Share (Numerator) (Denominator) Amount For the three months ended March 31, 2019 Basic EPS $ 6,020 24,012 $ 0.25 Effect of dilutive stock options — 299 — Diluted EPS $ 6,020 24,311 $ 0.25 For the three months ended March 31, 2018 Basic EPS $ 8,259 23,962 $ 0.34 Effect of dilutive stock options and warrants — 271 — Diluted EPS $ 8,259 24,233 $ 0.34 The Company did not have any anti-dilutive options in 2019 and 2018.

FAIR VALUE

FAIR VALUE	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE	8. FAIR VALUE ASC 820 establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability The following is a description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy: Assets Measured on a Recurring Basis: Investment Securities Available for Sale Where quoted prices are available in an active market, investment securities are classified within Level 1 of the valuation hierarchy. Level 1 investment securities include highly liquid government bonds and mortgage products. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of investment securities with similar characteristics or discounted cash flow. Level 2 investment securities include U.S. agency securities, mortgage-backed securities, obligations of states and political subdivisions and certain corporate, asset-backed and other securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, investment securities are classified within Level 3 of the valuation hierarchy. Currently, a majority of Southern National’s available for sale debt investment securities are considered to be Level 2 investment securities, except for a few corporate securities that are classified as Level 3 investment securities. Assets measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) March 31, 2019 (Level 1) (Level 2) (Level 3) Available for sale securities Residential government-sponsored mortgage-backed securities $ 42,112 $ — $ 42,112 $ — Obligations of states and political subdivisions 18,339 — 18,339 — Corporate securities 2,013 — 1,013 1,000 Trust preferred securities 2,580 — 2,580 — Residential government-sponsored collateralized mortgage obligations 41,877 — 41,877 — Government-sponsored agency securities 3,183 — 3,183 — Agency commercial mortgage-backed securities 27,405 — 27,405 — SBA pool securities 18,683 — 18,683 — Total $ 156,192 $ — $ 155,192 $ 1,000 Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) December 31, 2018 (Level 1) (Level 2) (Level 3) Available for sale securities Residential government-sponsored mortgage-backed securities $ 27,302 $ — $ 27,302 $ — Obligations of states and political subdivisions 18,055 — 18,055 — Corporate securities 2,008 — 1,008 1,000 Trust preferred securities 2,641 — 2,641 — Residential government-sponsored collateralized mortgage obligations 43,057 — 43,057 — Government-sponsored agency securities 3,125 — 3,125 — Agency commercial mortgage-backed securities 27,304 — 27,304 — SBA pool securities 19,885 — 19,885 — Total $ 143,377 $ — $ 142,377 $ 1,000 Assets and Liabilities Measured on a Non-recurring Basis: Impaired Loans Generally, we measure the impairment for impaired loans considering the fair value of the loan’s collateral (if the loan is collateral dependent). Fair value of the loan’s collateral is determined by an independent appraisal or evaluation less estimated costs related to selling the collateral. In some cases appraised value is net of costs to sell. Estimated selling costs range from 6% to 10% of collateral valuation at March 31, 2019 and December 31, 2018. Fair value is classified as Level 3 in the fair value hierarchy. Loans identified as impaired totaled $18.6 million (including SBA guarantees of $4.8 million) as of March 31, 2019 with no allocation made to the allowance for loan losses compared to a carrying amount of $12.1 million (including SBA guarantees of $3.4 million) with no allocation made to the allowance for loan losses at December 31, 2018. Assets held for sale In connection with the merger with EVBS, SNBV acquired four properties that were either former EVBS administrative locations or previously anticipated to be future EVBS administrative locations. Assets held for sale are measured at fair value less cost to sell, based on appraisals conducted by an independent, licensed appraiser outside of the Company using observable market data. If the fair value is significantly adjusted due to differences in the comparable properties, or is discounted by the Company because of marketability, then the fair value is considered Level 3. Assets held for sale are measured at fair value on a non-recurring basis. Subsequent fair value adjustments are recorded in the period incurred and included in other noninterest expense on the consolidated statements of income. Other Real Estate Owned (“OREO”) OREO is evaluated at the time of acquisition and recorded at fair value as determined by independent appraisal or evaluation less cost to sell. In some cases appraised value is net of costs to sell. Selling costs have been in the range from 5.0% to 7.6% of collateral valuation at March 31, 2019 and December 31, 2018. Fair value is classified as Level 3 in the fair value hierarchy. OREO is further evaluated quarterly for any additional impairment. At March 31, 2019 and December 31, 2018, the total amount of OREO was $5.0 million and $5.1 million, respectively. Assets measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) March 31, 2019 (Level 1) (Level 2) (Level 3) Impaired loans: Commercial real estate - owner occupied $ 4,540 $ — $ — $ 4,540 Commercial real estate - non-owner occupied (1) 3,927 — — 3,927 Commercial loans 6,370 — — 6,370 Residential 1-4 family (2) 3,341 — — 3,341 Assets held for sale 600 — — 600 Other real estate owned: Commercial real estate - owner occupied (1) 908 — — 908 Construction and land development 2,902 — — 2,902 Residential 1-4 family (2) 1,231 — — 1,231 Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) December 31, 2018 (Level 1) (Level 2) (Level 3) Impaired loans: Commercial real estate - owner occupied $ 2,795 $ — $ — $ 2,795 Commercial real estate - non-owner occupied (1) 171 — — 171 Commercial loans 6,076 — — 6,076 Residential 1-4 family (2) 3,020 — — 3,020 Assets held for sale 600 — — 600 Other real estate owned: Commercial real estate - owner occupied (1) 908 — — 908 Construction and land development 2,938 — — 2,938 Residential 1-4 family (2) 1,231 — — 1,231 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. Fair Value of Financial Instruments The carrying amount, estimated fair values and fair value hierarchy levels (previously defined) of financial instruments were as follows (in thousands) for the periods indicated: March 31, 2019 December 31, 2018 Fair Value Carrying Fair Carrying Fair Hierarchy Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 31,841 $ 31,841 $ 28,611 $ 28,611 Securities available for sale Level 2 & Level 3 156,192 156,192 143,377 143,377 Securities held to maturity Level 2 90,592 88,667 92,462 89,109 Stock in Federal Reserve Bank and Federal Home Loan Bank Level 2 18,427 18,427 19,522 19,522 Equity investment in mortgage affiliate Level 3 3,847 3,847 3,829 3,829 Preferred investment in mortgage affiliate Level 3 3,305 3,305 3,305 3,305 Net loans Level 3 2,145,341 2,123,900 2,166,541 2,134,021 Accrued interest receivable Level 2 & Level 3 8,963 8,963 8,745 8,745 Financial liabilities: Demand deposits Level 2 $ 690,109 690,109 $ 665,640 665,640 Money market and savings accounts Level 2 574,619 574,619 506,519 506,519 Certificates of deposit Level 3 846,325 843,136 925,441 919,175 Securities sold under agreements to repurchase Level 1 13,623 13,623 18,721 18,721 FHLB short term advances Level 1 135,640 135,640 163,340 163,340 Junior subordinated debt Level 2 9,596 12,880 9,584 12,065 Senior subordinated notes Level 2 47,080 58,178 47,089 57,173 Accrued interest payable Level 1 & Level 3 4,347 4,347 3,985 3,985 Carrying amount is the estimated fair value for cash and cash equivalents (including federal funds sold), equity investments in our mortgage affiliate, preferred investments in our mortgage affiliate, accrued interest receivable and payable, demand deposits, savings accounts, money market accounts, securities sold under agreements to repurchase, and short-term debt (FHLB short-term advances and securities sold under agreements to repurchase). Fair value of long-term debt is based on current rates for similar financing. Carrying amount of Federal Reserve Bank and FHLB stock is a reasonable estimate of fair value as these securities are not readily marketable and are based on the ultimate recoverability of the par value. The fair value of off-balance-sheet items is not considered material. Fair value of net loans, certificates of deposits, junior subordinated debt, and senior subordinated notes are measured using the exit-price notion in accordance with the adoption of ASU 2016‑01 in 2018.

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	3 Months Ended
	Mar. 31, 2019
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	9. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS Other short-term borrowings can consist of FHLB of Atlanta overnight advances, other FHLB advances maturing within one year, federal funds purchased and securities sold under agreements to repurchase (“repo”) that mature within one year, which are secured transactions with customers. The balance in repo accounts at March 31, 2019 and December 31, 2018 was $13.6 million and $18.7 million, respectively.

JUNIOR SUBORDINATED DEBT AND SE

JUNIOR SUBORDINATED DEBT AND SENIOR SUBORDINATED NOTES	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
JUNIOR SUBORDINATED DEBT AND SENIOR SUBORDINATED NOTES	10. JUNIOR SUBORDINATED DEBT AND SENIOR SUBORDINATED NOTES In connection with our merger with EVBS, the Company assumed $10.3 million (fair value adjustment of $801 thousand) of trust preferred securities that were issued on September 17, 2003 and placed through the Trust in a pooled underwriting totaling approximately $650 million. The trust issuer invested the total proceeds from the sale of the trust preferred securities in Floating Rate Junior Subordinated Deferrable Interest Debentures (“Junior Subordinated Debt”) issued by EVBS. The trust preferred securities pay cumulative cash distributions quarterly at a variable rate per annum, reset quarterly, equal to the three-month LIBOR plus 2.95%. As of March 31, 2019 and December 31, 2018, the interest rate was 5.56% and 5.73%, respectively. The dividends paid to holders of the trust preferred securities, which are recorded as interest expense, are deductible for income tax purposes. The trust preferred securities have a mandatory redemption date of September 17, 2033, and became subject to varying call provisions beginning on September 17, 2008. The Company has fully and unconditionally guaranteed the trust preferred securities through the combined operation of the Junior Subordinated Debt and other related documents. The Company’s obligation under the guarantee is unsecured and subordinate to senior and subordinated indebtedness of the Company. The trust preferred securities may be included in Tier 1 capital for regulatory capital adequacy determination purposes up to 25% of Tier 1 capital after its inclusion. At March 31, 2019, all of the trust preferred securities qualified as Tier 1 capital. Subject to certain exceptions and limitations, the Company is permitted to elect from time to time to defer regularly scheduled interest payments on its outstanding Junior Subordinated Debt relating to its trust preferred securities. If the Company defers interest payments on the Junior Subordinated Debt for more than 20 consecutive quarters, the Company would be in default under the governing agreements for such notes and the amount due under such agreements would be immediately due and payable. On January 20, 2017, Southern National completed the sale of $27.0 million of its fixed-to-floating rate Subordinated Notes due 2027 (the “SNBV Senior Subordinated Notes”). The SNBV Senior Subordinated Notes will initially bear interest at 5.875% per annum until January 31, 2022; thereafter, the SNBV Senior Subordinated Notes will be payable at an annual floating rate equal to three-month LIBOR plus a spread of 3.95% until maturity or early redemption. At March 31, 2019, all of the SNBV Senior Subordinated Notes qualified as Tier 2 capital. At March 31, 2019, the remaining unamortized debt issuance costs related to the SNBV Senior Subordinated Notes totaled $737 thousand. Also in connection with our merger with EVBS, the Company assumed the Senior Subordinated Note Purchase Agreement previously entered into by EVBS on April 22, 2015 with certain institutional accredited investors pursuant to which EVBS sold $20.0 million (fair value adjustment of $1.9 million) in aggregate principal amount of its 6.50% Fixed-to-Floating Rate Subordinated Notes due 2025 (the “EVBS Senior Subordinated Notes”) to the investors at a price equal to 100% of the aggregate principal amount of the EVBS Senior Subordinated Notes. The EVBS Senior Subordinated Notes bear interest at an annual rate of 6.50%, payable semi-annually in arrears on May 1 and November 1 of each year ending on May 1, 2020. From and including May 1, 2020 to, but excluding, the maturity date, the EVBS Senior Subordinated Notes will bear interest at an annual rate, reset quarterly, equal to LIBOR determined on the determination date of the applicable interest period plus 502 basis points, payable quarterly in arrears on February 1, May 1, August 1 and November 1 of each year, beginning on August 1, 2020. The Company may, at its option, redeem, in whole or in part, the EVBS Senior Subordinated Notes as early as May 1, 2020, and any partial redemption would be made pro rata among all of the holders. At March 31, 2019 all of the EVBS Senior Subordinated Notes qualified as Tier 2 capital.

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2019
ACCOUNTING POLICIES [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers Southern National records revenue from contracts with customers in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts with Customers (Topic 606). Under Topic 606, we 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) we satisfy a performance obligation. Significant revenue has not been recognized in the current reporting period that results from performance obligations satisfied in previous periods. Our primary sources of revenue are derived from financial instruments, namely loans, investment securities, and other financial instruments that are not within the scope of Topic 606. We have evaluated the nature of the Company’s 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 and Comprehensive Income was not necessary. Southern National 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.
Operating Leases	Operating Leases The Company leases certain properties and equipment under operating leases. For leases in effect upon adoption of FASB Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) at January 1, 2019 and for any leases commencing thereafter, the Company recognizes a liability to make lease payments, the operating lease liability, and an asset representing the right to use the underlying asset during the lease term, the right-of-use asset. The operating lease liability is measured at the present value of the remaining lease payments, discounted at the Company’s incremental borrowing rate at inception. The right-of-use asset is measured at the amount of the operating lease liability adjusted for the remaining balance of any lease incentives received, any cumulative prepaid or accrued rent if the lease payments are uneven throughout the lease term, any unamortized initial direct costs, and any impairment of the right-of-use-asset. Lease expense consists of a single lease cost calculated so that the remaining cost of the lease is allocated over the remaining lease term on a straight-line basis, variable lease payments not included in the operating lease liability, and any impairment of the right-of-use asset. Certain of the Company’s leases contain options to renew the lease; however, these renewal options are not included in the calculation of the operating lease liabilities as they are not reasonably certain to be exercised. The Company’s leases do not contain residual value guarantees or material variable lease payments. The Company does not have any material restrictions or covenants imposed by leases that would impact the Company’s ability to pay dividends or cause the Company to incur additional financial obligations. The Company has made an accounting policy election to not apply the recognition requirements in Topic 842 to short-term leases. The Company has also elected to use the practical expedient to make an accounting policy election for property leases to use the discount rates in effect on January 2, 2019 for the remaining life of the leases.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the carrying value of investment securities, other than temporary impairment of investment securities and the valuation of goodwill and intangible assets.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Adoption of New Accounting Standards: In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The FASB issued this ASU to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet by lessees for those leases classified as operating leases under current U.S. GAAP and disclosing key information about leasing arrangements. In July 2018, the FASB issued ASU 2018-10, Codification Improvements to Topic 842, Leases, which updates narrow aspects of the guidance issued in ASU 2016-02. The amendments in this ASU were effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2018. Early adoption of this ASU was permitted for all entities. The Company adopted ASU 2016-02 in the first quarter of 2019 and inventoried and categorized its lease agreements. Upon adoption, the Company recognized right-of-use assets and associated operating lease liabilities of $8.3 million and $9.3 million, respectively. Right-of-use assets and operating lease liabilities are reflected on our consolidated balance sheets. The company currently does not have any finance leases. See Note 5 – Leases for additional disclosures related to leases. In March 2017, the FASB issued ASU 2017-08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20), Premium Amortization on Purchased Callable Debt Securities, which shortens the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. ASU 2017-08 became effective for public entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The company adopted ASU 2017-08 in the first quarter of 2019 and it did not have a material impact on the Company’s consolidated financial statements. In July 2018, the FASB issued ASU 2018-09, Codification Improvements . This ASU makes changes to a variety of topics to clarify, correct errors in, or make minor improvements to the Accounting Standards Codification. The majority of the amendments in ASU 2018-09 were effective for the Company for fiscal years beginning after December 15, 2018. The Company adopted ASU 2018-09 in the first quarter of 2019 and it did not have a material impact on the Company’s consolidated financial statements. New Accounting Standards Not Yet Adopted: In June 2016 , the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which sets forth a “current expected credit loss” ("CECL") model requiring the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost and applies to some off-balance sheet credit exposures. For public business entities that are U.S. Securities and Exchange Commission filers, the amendments in this update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Southern National has engaged a third-party to collect data that will be needed to produce historical inputs into any models created as a result of adopting this ASU. We are currently evaluating the impact of the adoption of this ASU on our consolidated financial statements. In January 2017, the FASB issued ASU 2017-04 , Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, which eliminates the second step of the previous FASB guidance for testing goodwill for impairment and is intended to reduce cost and complexity of goodwill impairment testing. The amendments in this ASU modify the concept of impairment from the condition that exists when the carrying amount of goodwill exceeds its implied fair value to the condition that exists when the carrying amount of a reporting unit exceeds its fair value. After determining if the carrying amount of a reporting unit exceeds its fair value, the entity should take an impairment charge of the same amount to the goodwill for that reporting unit, not to exceed the total goodwill amount for that reporting unit. ASU 2017-04 is effective for annual periods beginning after December 15, 2019, including interim periods within those annual periods. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. Southern National is currently evaluating the impact of adopting the new guidance on its consolidated financial statements. In August 2018, FASB issued ASU 2018-13, Fair Value measurement (Topic 820) . This ASU adds, eliminates and modifies certain disclosure requirements for fair value measurements. The amendments in ASU 2018-13 are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted. The disclosures are effective using the prospective method for certain disclosures and retrospective for majority of the disclosures. Southern National is currently in the process of evaluating the impact of adopting the new guidance on its consolidated financial statements and disclosures.

STOCK- BASED COMPENSATION (Tabl

STOCK- BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2019
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Schedule of activity in the stock option plan	A summary of the activity in the stock option plan during the three months ended March 31, 2019 follows: Weighted Weighted Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Shares Price Term (in thousands) Options outstanding, beginning of period 642,350 $ 9.77 Forfeited (1,400) 9.32 Exercised (17,250) 6.40 Options outstanding, end of period 623,700 $ 9.77 4.9 $ 2,988 Exercisable at end of period 480,250 $ 9.04 4.2 $ 2,551

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of securities available-for-sale	The amortized cost and fair value of available for sale investment securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows (in thousands): Amortized Gross Unrealized Fair Cost Gains Losses Value March 31, 2019 Residential government-sponsored mortgage-backed securities $ 42,552 $ 15 $ (455) $ 42,112 Obligations of states and political subdivisions 18,235 138 (34) 18,339 Corporate securities 2,007 6 — 2,013 Trust preferred securities 2,589 315 (324) 2,580 Residential government-sponsored collateralized mortgage obligations 42,680 3 (806) 41,877 Government-sponsored agency securities 3,247 — (64) 3,183 Agency commercial mortgage-backed securities 27,947 — (542) 27,405 SBA pool securities 18,921 15 (253) 18,683 Total $ 158,178 $ 492 $ (2,478) $ 156,192 Amortized Gross Unrealized Fair Cost Gains Losses Value December 31, 2018 Residential government-sponsored mortgage-backed securities $ 27,945 $ — $ (643) $ 27,302 Obligations of states and political subdivisions 18,305 30 (280) 18,055 Corporate securities 2,008 1 (1) 2,008 Trust preferred securities 2,589 356 (304) 2,641 Residential government-sponsored collateralized mortgage obligations 44,095 3 (1,041) 43,057 Government-sponsored agency securities 3,247 — (122) 3,125 Agency commercial mortgage-backed securities 28,069 — (765) 27,304 SBA pool securities 20,183 10 (308) 19,885 Total $ 146,441 $ 400 $ (3,464) $ 143,377
Schedule of amortized cost, unrecognized gains and losses, and fair value of held to maturity securities	The amortized cost, unrecognized gains and losses, and fair value of investment securities held to maturity were as follows (in thousands): Amortized Gross Unrecognized Fair Cost Gains Losses Value March 31, 2019 Residential government-sponsored mortgage-backed securities $ 9,361 $ 4 $ (171) $ 9,194 Obligations of states and political subdivisions 20,693 118 (71) 20,740 Trust preferred securities 2,529 146 (1) 2,674 Residential government-sponsored collateralized mortgage obligations 5,351 — (66) 5,285 Government-sponsored agency securities 52,658 — (1,884) 50,774 Total $ 90,592 $ 268 $ (2,193) $ 88,667 Amortized Gross Unrecognized Fair Cost Gains Losses Value December 31, 2018 Residential government-sponsored mortgage-backed securities $ 9,699 $ 4 $ (230) $ 9,473 Obligations of states and political subdivisions 21,496 85 (147) 21,434 Trust preferred securities 2,610 150 (1) 2,759 Residential government-sponsored collateralized mortgage obligations 6,001 — (91) 5,910 Government-sponsored agency securities 52,656 — (3,123) 49,533 Total $ 92,462 $ 239 $ (3,592) $ 89,109
Schedule of fair value and carrying amount, if different, of debt securities, by contractual maturity	The fair value and carrying amount, if different, of debt investment securities as of March 31, 2019, by contractual maturity were as follows (in thousands). Investment securities not due at a single maturity date are shown separately. Available for Sale Held to Maturity Amortized Amortized Cost Fair Value Cost Fair Value Due in one to five years $ 3,358 $ 3,332 $ 4,966 $ 4,970 Due in five to ten years 6,584 6,623 18,942 18,454 Due after ten years 16,136 16,160 51,972 50,764 Residential government-sponsored mortgage-backed securities 42,552 42,112 9,361 9,194 Residential government-sponsored collateralized mortgage obligations 42,680 41,877 5,351 5,285 Agency commercial mortgage-backed securities 27,947 27,405 — — SBA pool securities 18,921 18,683 — — Total $ 158,178 $ 156,192 $ 90,592 $ 88,667
Schedule of present information regarding securities in a continuous unrealized loss position by duration of time in a loss position	The following tables present information regarding investment securities available for sale and held to maturity in a continuous unrealized loss position as of March 31, 2019 and December 31, 2018 by duration of time in a loss position (in thousands): March 31, 2019 Less than 12 months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale value Losses value Losses value Losses Residential government-sponsored mortgage-backed securities $ 149 $ — $ 26,635 $ (455) $ 26,784 $ (455) Obligations of states and political subdivisions — — 6,757 (34) 6,757 (34) Corporate securities — — — — — — Trust preferred securities — — 780 (324) 780 (324) Residential government-sponsored collateralized mortgage obligations — — 41,439 (806) 41,439 (806) Government-sponsored agency securities — — 3,183 (64) 3,183 (64) Agency commercial mortgage-backed securities — — 27,405 (542) 27,405 (542) SBA pool securities 2,549 (21) 12,026 (232) 14,575 (253) Total $ 2,698 $ (21) $ 118,225 $ (2,457) $ 120,923 $ (2,478) March 31, 2019 Less than 12 months 12 Months or More Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Held to Maturity value Losses value Losses value Losses Residential government-sponsored mortgage-backed securities $ — $ — $ 8,661 $ (171) $ 8,661 $ (171) Obligations of states and political subdivisions — — 6,300 (71) 6,300 (71) Trust preferred securities — — 60 (1) 60 (1) Residential government-sponsored collateralized mortgage obligations — — 5,285 (66) 5,285 (66) Government-sponsored agency securities — — 50,774 (1,884) 50,774 (1,884) Total $ — $ — $ 71,080 $ (2,193) $ 71,080 $ (2,193) December 31, 2018 Less than 12 months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale value Losses value Losses value Losses Residential government-sponsored mortgage-backed securities $ 393 $ (5) $ 26,910 $ (638) $ 27,303 $ (643) Obligations of states and political subdivisions 2,220 (78) 13,385 (202) 15,605 (280) Corporate securities 1,008 (1) — — 1,008 (1) Trust preferred securities — — 795 (304) 795 (304) Residential government-sponsored collateralized mortgage obligations — — 42,598 (1,041) 42,598 (1,041) Government-sponsored agency securities — — 3,125 (122) 3,125 (122) Agency commercial mortgage-backed securities — — 27,304 (765) 27,304 (765) SBA pool securities 6,009 (70) 10,546 (238) 16,555 (308) Total $ 9,630 $ (154) $ 124,663 $ (3,310) $ 134,293 $ (3,464) December 31, 2018 Less than 12 months 12 Months or More Total Fair Unrecognized Fair Unrecognized Fair Unrecognized Held to Maturity value Losses value Losses value Losses Residential government-sponsored mortgage-backed securities $ — $ — $ 8,935 $ (230) $ 8,935 $ (230) Obligations of states and political subdivisions 3,273 (10) 7,187 (137) 10,460 (147) Trust preferred securities — — 60 (1) 60 (1) Residential government-sponsored collateralized mortgage obligations — — 5,910 (91) 5,910 (91) Government-sponsored agency securities — — 49,532 (3,123) 49,532 (3,123) Total $ 3,273 $ (10) $ 71,624 $ (3,582) $ 74,897 $ (3,592)
Schedule of owned pooled trust preferred securities	As of March 31, 2019, we owned pooled trust preferred securities as follows: % of Previously Current Recognized Defaults and Cumulative Ratings When Estimated Deferrals to Other Tranche Purchased Current Ratings Par Book Fair Total Comprehensive Security Level Moody's Fitch Moody's Fitch Value Value Value Collateral Loss (1) Held to Maturity ALESCO VII A1B Senior Aaa AAA Aa2 AA $ 2,658 $ 2,468 $ 2,614 17 % $ 219 MMCF III B Senior Sub A3 A- Ba1 BBB 61 61 60 45 % 4 2,719 2,529 2,674 $ 223 Cumulative OTTI Available for Sale Related to Other Than Temporarily Impaired: Credit Loss (2) TPREF FUNDING II Mezzanine A1 A- Caa3 D 1,500 1,099 775 28 % $ 400 ALESCO V C1 Mezzanine A2 A Caa1 C 2,150 1,490 1,805 14 % 660 3,650 2,589 2,580 $ 1,060 Total $ 6,369 $ 5,118 $ 5,254 (1) Pre-tax, and represents unrealized losses at date of transfer from available-for-sale to held-to-maturity, net of accretion (2) Pre-tax
Schedule of changes in accumulated other comprehensive income by component	Changes in accumulated other comprehensive loss by component for the three months ended March 31, 2019 and 2018 are shown in the tables below. All amounts are net of tax (in thousands). Unrealized Holding Losses on Held to Maturity For the three months ended March 31, 2019 Available for Sale Securities Total Beginning balance $ (2,419) $ (170) $ (2,589) Current period other comprehensive income 856 2 858 Ending balance $ (1,563) $ (168) $ (1,731) Unrealized Holding Losses on Held to Maturity For the three months ended March 31, 2018 Available for Sale Securities Total Beginning balance $ (999) $ (153) $ (1,152) Amounts reclassified from accumulated other comprehensive loss due to the adoption of ASU 2018-02 (199) (30) (229) Subtotal (1,198) (183) (1,381) Current period other comprehensive (loss) income (1,482) 4 (1,478) Ending balance $ (2,680) $ (179) $ (2,859)

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	3 Months Ended
	Mar. 31, 2019
Loans and Allowance for Loan Losses [Abstract]
Schedule of loans, net of unearned income	The following table summarizes the composition of our loan portfolio as of March 31, 2019 and December 31, 2018 (in thousands): March 31, 2019 December 31, 2018 Loans secured by real estate: Commercial real estate - owner occupied $ 416,750 $ 407,031 Commercial real estate - non-owner occupied 549,891 540,698 Secured by farmland 19,682 20,966 Construction and land loans 149,054 146,654 Residential 1-4 family (1) 568,616 565,083 Multi- family residential 83,219 82,516 Home equity lines of credit (1) 121,136 128,225 Total real estate loans 1,908,348 1,891,173 Commercial loans 218,375 255,441 Consumer loans 30,319 32,347 Subtotal 2,157,042 2,178,961 Less deferred costs (fees) on loans 173 (137) Loans, net of deferred fees $ 2,157,215 $ 2,178,824
Schedule of summary of impaired loans	Impaired loans for the covered and non-covered portfolios were as follows (in thousands): Total Loans Unpaid Recorded Principal Related March 31, 2019 Investment (1) Balance Allowance With no related allowance recorded Commercial real estate - owner occupied $ 4,540 $ 5,989 $ — Commercial real estate - non-owner occupied (2) 3,927 4,421 — Construction and land development 353 365 — Commercial loans 3,560 4,240 — Residential 1-4 family (3) 2,558 4,966 — Other consumer loans 19 40 — Total $ 14,957 $ 20,021 $ — With an allowance recorded Commercial real estate - owner occupied $ — $ — $ — Commercial real estate - non-owner occupied (2) — — — Construction and land development — — — Commercial loans 2,810 4,670 600 Residential 1-4 family (3) 783 831 — Other consumer loans — — — Total $ 3,593 $ 5,501 $ 600 Grand total $ 18,550 $ 25,522 $ 600 (1) Recorded investment is after cumulative prior charge offs of $2.0 million. These loans also have aggregate SBA guarantees of $4 .8 million. (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit. Total Loans Unpaid Recorded Principal Related December 31, 2018 Investment (1) Balance Allowance With no related allowance recorded Commercial real estate - owner occupied $ 2,795 $ 4,777 $ — Commercial real estate - non-owner occupied (2) 171 333 — Construction and land development — 336 — Commercial loans 3,450 6,013 — Residential 1-4 family (3) 1,591 5,911 — Other consumer loans — — — Total $ 8,007 $ 17,370 $ — With an allowance recorded Commercial real estate - owner occupied $ — $ — $ — Commercial real estate - non-owner occupied (2) — — — Construction and land development — — — Commercial loans 2,626 3,276 612 Residential 1-4 family (3) 1,429 1,476 6 Other consumer loans — — — Total $ 4,055 $ 4,752 $ 618 Grand total $ 12,062 $ 22,122 $ 618 (1) Recorded investment is after cumulative prior charge offs of $1.5 million. These loans also have aggregate SBA guarantees of $ 3.4 million. (2) Includes loans secured by farmland and multi-family loans. (3) Includes home equity lines of credit.
Schedule of details of average recorded investment and interest income for impaired loans recognized by class of loans	The following tables present the average recorded investment and interest income recognized for impaired loans recognized by class of loans for the three months ended March 31, 2019 and 2018 (in thousands): Total Loans Average Interest Recorded Income Three Months Ended March 31, 2019 Investment Recognized With no related allowance recorded Commercial real estate - owner occupied $ 6,034 $ 66 Commercial real estate - non-owner occupied (1) 4,435 37 Construction and land development 370 14 Commercial loans 5,011 11 Residential 1-4 family (2) 5,305 59 Other consumer loans 40 — Total $ 21,195 $ 187 With an allowance recorded Commercial real estate - owner occupied $ — $ — Commercial real estate - non-owner occupied (1) — — Construction and land development — — Commercial loans 4,712 50 Residential 1-4 family (2) 984 18 Other consumer loans — — Total $ 5,696 $ 68 Grand total $ 26,891 $ 255 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit. Total Loans Average Interest Recorded Income Three Months Ended March 31, 2018 Investment Recognized With no related allowance recorded Commercial real estate - owner occupied $ 671 $ 9 Commercial real estate - non-owner occupied (1) 877 14 Construction and land development 9,972 — Commercial loans 4,842 3 Residential 1-4 family (2) 3,548 14 Other consumer loans — — Total $ 19,910 $ 40 With an allowance recorded Commercial real estate - owner occupied $ — $ — Commercial real estate - non-owner occupied (1) — — Construction and land development — — Commercial loans 929 — Residential 1-4 family (2) — — Other consumer loans — — Total $ 929 $ — Grand total $ 20,839 $ 40 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit.
Schedule of details of aging of the recorded investment in past due loans by class of loans	The following tables present the aging of the recorded investment in past due loans by class of loans as of March 31, 2019 and December 31, 2018 (in thousands): 30 - 59 60 - 89 Days Days 90 Days Total Nonaccrual Loans Not Total March 31, 2019 Past Due Past Due or More Past Due Loans Past Due Loans Total loans: Commercial real estate - owner occupied $ 3,310 $ 164 $ — $ 3,474 $ 1,161 $ 412,115 $ 416,750 Commercial real estate - non-owner occupied (1) 100 200 — 300 1,387 651,105 652,792 Construction and land development 389 28 — 417 — 148,637 149,054 Commercial loans 114 176 — 290 3,375 214,710 218,375 Residential 1-4 family (2) 5,530 331 — 5,861 1,501 682,390 689,752 Other consumer loans 37 — — 37 20 30,262 30,319 Total $ 9,480 $ 899 $ — $ 10,379 $ 7,444 $ 2,139,219 $ 2,157,042 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit. 30 - 59 60 - 89 Days Days 90 Days Total Nonaccrual Loans Not Total December 31, 2018 Past Due Past Due or More Past Due Loans Past Due Loans Total loans: Commercial real estate - owner occupied $ 577 $ 344 $ — $ 921 $ 1,284 $ 404,826 $ 407,031 Commercial real estate - non-owner occupied (1) 581 617 — 1,198 — 642,982 644,180 Construction and land development 851 — — 851 — 145,803 146,654 Commercial loans 319 168 — 487 3,391 251,563 255,441 Residential 1-4 family (2) 5,523 197 — 5,720 2,055 685,533 693,308 Other consumer loans 142 18 — 160 — 32,187 32,347 Total $ 7,993 $ 1,344 $ — $ 9,337 $ 6,730 $ 2,162,894 $ 2,178,961 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit.
Schedule of allowance for loan losses and the recorded investment by portfolio segment	The following tables present the balance in the allowance for loan losses and the recorded investment in non-covered loans by portfolio segment and based on impairment method as of March 31, 2019 and December 31, 2018 (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Owner Non-owner and Land Commercial 1-4 Family Consumer March 31, 2019 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ — $ — $ — $ 600 $ — $ — $ — $ 600 Collectively evaluated for impairment 816 1,831 920 5,506 1,170 253 778 11,274 Total ending allowance $ 816 $ 1,831 $ 920 $ 6,106 $ 1,170 $ 253 $ 778 $ 11,874 Loans: Individually evaluated for impairment $ 4,540 $ 3,927 $ 353 $ 3,560 $ 2,558 $ 19 $ — $ 14,957 Collectively evaluated for impairment 412,210 648,865 148,701 214,815 687,194 30,300 — 2,142,085 Total ending loan balances $ 416,750 $ 652,792 $ 149,054 $ 218,375 $ 689,752 $ 30,319 $ — $ 2,157,042 December 31, 2018 Ending allowance balance attributable to loans: Individually evaluated for impairment $ — $ — $ — $ 600 $ — $ — $ — $ 600 Collectively evaluated for impairment 802 1,669 821 6,497 1,106 224 564 11,683 Total ending allowance $ 802 $ 1,669 $ 821 $ 7,097 $ 1,106 $ 224 $ 564 $ 12,283 Loans: Individually evaluated for impairment $ 2,795 $ 171 $ — $ 3,450 $ 1,591 $ — $ — $ 8,007 Collectively evaluated for impairment 404,236 644,009 146,654 251,991 691,717 32,347 — 2,170,954 Total ending loan balances $ 407,031 $ 644,180 $ 146,654 $ 255,441 $ 693,308 $ 32,347 $ — $ 2,178,961 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit.
Schedule of the risk category of loans by class of loans	As of March 31, 2019 and December 31, 2018, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows (in thousands): Total Loans Special March 31, 2019 Mention Substandard (3) Pass Total Commercial real estate - owner occupied $ 3,596 $ 5,519 $ 407,635 $ 416,750 Commercial real estate - non-owner occupied (1) 4,255 185 648,352 652,792 Construction and land development — — 149,054 149,054 Commercial loans 5,327 3,218 209,830 218,375 Residential 1-4 family (2) 393 1,957 687,402 689,752 Other consumer loans 137 — 30,182 30,319 Total $ 13,708 $ 10,879 $ 2,132,455 $ 2,157,042 Total Loans Special December 31, 2018 Mention Substandard (3) Pass Total Commercial real estate - owner occupied $ 6,611 $ 2,810 $ 397,610 $ 407,031 Commercial real estate - non-owner occupied (1) 4,382 189 639,609 644,180 Construction and land development — — 146,654 146,654 Commercial loans 2,373 2,689 250,379 255,441 Residential 1-4 family (2) 395 1,982 690,931 693,308 Other consumer loans 142 — 32,205 32,347 Total $ 13,903 $ 7,670 $ 2,157,388 $ 2,178,961 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. (3) Includes SBA guarantees of $4.8 million and $3.4 million as of March 31, 2019 and December 31, 2018.
Schedule of Activity for Loan and Lease Losses By Class of Loan [Text Block]	Nonaccrual loans include SBA guaranteed amounts totaling $4.8 million and $3.4 million at March 31, 2019 and December 31, 2018, respectively. Activity in the allowance for non-covered loan and lease losses for the three months ended March 31, 2019 and 2018 is summarized below (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Owner Non-owner and Land Commercial 1-4 Family Consumer Three Months Ended March 31, 2019 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Allowance for loan losses: Beginning balance $ 802 $ 1,669 $ 821 $ 7,097 $ 1,106 $ 224 $ 564 $ 12,283 Provision (recovery) 11 624 99 (887) 56 83 214 200 Charge offs — (462) — (167) — (60) — (689) Recoveries 3 — — 63 8 6 — 80 Ending balance $ 816 $ 1,831 $ 920 $ 6,106 $ 1,170 $ 253 $ 778 $ 11,874 Three Months Ended March 31, 2018 Allowance for loan losses: Beginning balance $ 690 $ 1,321 $ 692 $ 4,496 $ 1,586 $ 612 $ — $ 9,397 Provision (recovery) 165 229 112 831 (34) 297 — 1,600 Charge offs — — — (230) (166) (91) — (487) Recoveries 4 — — 175 64 2 — 245 Ending balance $ 859 $ 1,550 $ 804 $ 5,272 $ 1,450 $ 820 $ — $ 10,755 (1) Includes loans secured by farmland and multi-family loans. (2) Includes home equity lines of credit.

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Schedule of operating lease other information	The following table presents other information related to our operating leases: For the Three Months Ended March 31, (in thousands except for percent and period data) 2019 Cash paid for amounts included in the measurement of lease liabilities $ 670 Right-of-use assets obtained in exchange for new operating lease liabilities $ 155 Weighted-average remaining lease term - operating leases, in years 6.1 Weighted-average discount rate - operating leases 3.0 %
Schedule of future minimum rental payments required under non-cancelable operating leases for bank premises	The following table summarizes the maturity of remaining lease liabilities: As of March 31, (dollars in thousands) 2019 Lease payments due: Less than one year $ 1,824 One to three years 3,359 Three to five years 2,367 More than five years 2,199 Total lease payments 9,749 Less: Interest (893) Lease liabilities $ 8,856

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Schedule of reconciliation of the denominators of the basic and diluted earnings per share	The following is a reconciliation of the denominators of the basic and diluted earnings per share (“EPS”) computations (amounts in thousands, except per share data): Weighted Average Income Shares Per Share (Numerator) (Denominator) Amount For the three months ended March 31, 2019 Basic EPS $ 6,020 24,012 $ 0.25 Effect of dilutive stock options — 299 — Diluted EPS $ 6,020 24,311 $ 0.25 For the three months ended March 31, 2018 Basic EPS $ 8,259 23,962 $ 0.34 Effect of dilutive stock options and warrants — 271 — Diluted EPS $ 8,259 24,233 $ 0.34

FAIR VALUE (Tables)

FAIR VALUE (Tables)	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of assets measured at fair value on a recurring basis	Assets measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) March 31, 2019 (Level 1) (Level 2) (Level 3) Available for sale securities Residential government-sponsored mortgage-backed securities $ 42,112 $ — $ 42,112 $ — Obligations of states and political subdivisions 18,339 — 18,339 — Corporate securities 2,013 — 1,013 1,000 Trust preferred securities 2,580 — 2,580 — Residential government-sponsored collateralized mortgage obligations 41,877 — 41,877 — Government-sponsored agency securities 3,183 — 3,183 — Agency commercial mortgage-backed securities 27,405 — 27,405 — SBA pool securities 18,683 — 18,683 — Total $ 156,192 $ — $ 155,192 $ 1,000 Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) December 31, 2018 (Level 1) (Level 2) (Level 3) Available for sale securities Residential government-sponsored mortgage-backed securities $ 27,302 $ — $ 27,302 $ — Obligations of states and political subdivisions 18,055 — 18,055 — Corporate securities 2,008 — 1,008 1,000 Trust preferred securities 2,641 — 2,641 — Residential government-sponsored collateralized mortgage obligations 43,057 — 43,057 — Government-sponsored agency securities 3,125 — 3,125 — Agency commercial mortgage-backed securities 27,304 — 27,304 — SBA pool securities 19,885 — 19,885 — Total $ 143,377 $ — $ 142,377 $ 1,000
Schedule of assets measured at fair value on non recurring basis	Assets measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) March 31, 2019 (Level 1) (Level 2) (Level 3) Impaired loans: Commercial real estate - owner occupied $ 4,540 $ — $ — $ 4,540 Commercial real estate - non-owner occupied (1) 3,927 — — 3,927 Commercial loans 6,370 — — 6,370 Residential 1-4 family (2) 3,341 — — 3,341 Assets held for sale 600 — — 600 Other real estate owned: Commercial real estate - owner occupied (1) 908 — — 908 Construction and land development 2,902 — — 2,902 Residential 1-4 family (2) 1,231 — — 1,231 Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) December 31, 2018 (Level 1) (Level 2) (Level 3) Impaired loans: Commercial real estate - owner occupied $ 2,795 $ — $ — $ 2,795 Commercial real estate - non-owner occupied (1) 171 — — 171 Commercial loans 6,076 — — 6,076 Residential 1-4 family (2) 3,020 — — 3,020 Assets held for sale 600 — — 600 Other real estate owned: Commercial real estate - owner occupied (1) 908 — — 908 Construction and land development 2,938 — — 2,938 Residential 1-4 family (2) 1,231 — — 1,231 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit.
Schedule of estimated fair values and fair value hierarchy levels of financial instruments	The carrying amount, estimated fair values and fair value hierarchy levels (previously defined) of financial instruments were as follows (in thousands) for the periods indicated: March 31, 2019 December 31, 2018 Fair Value Carrying Fair Carrying Fair Hierarchy Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 31,841 $ 31,841 $ 28,611 $ 28,611 Securities available for sale Level 2 & Level 3 156,192 156,192 143,377 143,377 Securities held to maturity Level 2 90,592 88,667 92,462 89,109 Stock in Federal Reserve Bank and Federal Home Loan Bank Level 2 18,427 18,427 19,522 19,522 Equity investment in mortgage affiliate Level 3 3,847 3,847 3,829 3,829 Preferred investment in mortgage affiliate Level 3 3,305 3,305 3,305 3,305 Net loans Level 3 2,145,341 2,123,900 2,166,541 2,134,021 Accrued interest receivable Level 2 & Level 3 8,963 8,963 8,745 8,745 Financial liabilities: Demand deposits Level 2 $ 690,109 690,109 $ 665,640 665,640 Money market and savings accounts Level 2 574,619 574,619 506,519 506,519 Certificates of deposit Level 3 846,325 843,136 925,441 919,175 Securities sold under agreements to repurchase Level 1 13,623 13,623 18,721 18,721 FHLB short term advances Level 1 135,640 135,640 163,340 163,340 Junior subordinated debt Level 2 9,596 12,880 9,584 12,065 Senior subordinated notes Level 2 47,080 58,178 47,089 57,173 Accrued interest payable Level 1 & Level 3 4,347 4,347 3,985 3,985

ACCOUNTING POLICIES (Narrative)

ACCOUNTING POLICIES (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Jan. 01, 2019
Organization And Significant Accounting Policies [Line Items]
Operating Lease, Right-of-Use Asset	$ 7,865
Operating Lease, Liability	$ 8,856
Restatement Adjustment [Member] | Accounting Standards Update 2016-02 [Member]
Organization And Significant Accounting Policies [Line Items]
Operating Lease, Right-of-Use Asset		$ 8,300
Operating Lease, Liability		$ 9,300

STOCK- BASED COMPENSATION (Narr

STOCK- BASED COMPENSATION (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2017	Dec. 31, 2010	Dec. 31, 2004
Stock Option Plan 2004 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for reservation (in shares)					302,500
Stock Awards and Incentive Plan 2010 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for reservation (in shares)				700,000
Share-based compensation, award term	P10Y
Stock Option Plan 2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for reservation (in shares)			750,000
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 21	$ 39
Unrecognized compensation expense associated with the stock options	$ 71
Unrecognized compensation cost weighted average recognition period	1 year 6 months
Restricted Stock [Member] | Stock Option Plan 2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 83	$ 6
Unrecognized compensation expense associated with the other than options	$ 1,400
Unrecognized compensation cost weighted average recognition period	4 years 4 months 24 days
Granted, other than options	48,500
Granted, exercise price, other than options	$ 14.15
Equity instrument, vesting period	5 years
Restricted Stock [Member] | Stock Option Plan 2017 [Member] | Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeited, other than options	2,700

STOCK-BASED COMPENSATION (Sched

STOCK-BASED COMPENSATION (Schedule of Activity in the Stock Option Plan) (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)$ / sharesshares
Shares
Options outstanding, beginning of period | shares	642,350
Forfeited | shares	(1,400)
Exercised | shares	(17,250)
Options outstanding, end of period | shares	623,700
Exercisable at end of period | shares	480,250
Weighted Average Exercise Price
Options outstanding, beginning of period | $ / shares	$ 9.77
Forfeited | $ / shares	9.32
Exercised | $ / shares	6.40
Options outstanding, end of period | $ / shares	9.77
Exercisable at end of period | $ / shares	$ 9.04
Weighted Average Remaining Contractual Term
Options outstanding, end of period	4 years 10 months 24 days
Exercisable at end of period	4 years 2 months 12 days
Options outstanding, end of period - Aggregate Intrinsic Value | $	$ 2,988
Exercisable at end of period - Aggregate Intrinsic Value | $	$ 2,551

INVESTMENT SECURITIES (Narrativ

INVESTMENT SECURITIES (Narrative) (Details) - USD ($)	3 Months Ended		15 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Dec. 31, 2018
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Called investment securities	$ 3,172,000	$ 3,414,000
Investment securities fair values with temporary impairments	$ 192,000,000		$ 192,000,000
Other than temporary impairment performing collateral will default or defer per annum	0.50%
Recoveries ranging	9.00%
Lag period on all default and deferrals	2 years
Period of no prepayments for security	10 years
Percentage of prepayments for remaining life of the security	1.00%
OTTI charges related to credit			0
Federal Home Loan Bank of Atlanta [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Securities pledged for collateral	$ 160,000,000		$ 160,000,000	$ 165,700,000

INVESTMENT SECURITIES (Schedule

INVESTMENT SECURITIES (Schedule of amortized cost and fair value of securities available-for-sale) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	$ 158,178	$ 146,441
Gross Unrealized Gains	492	400
Gross Unrealized Losses	(2,478)	(3,464)
Available for sale, fair value	156,192	143,377	[1]
US Government Agencies Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	42,552	27,945
Gross Unrealized Gains	15
Gross Unrealized Losses	(455)	(643)
Available for sale, fair value	42,112	27,302
US States and Political Subdivisions Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	18,235	18,305
Gross Unrealized Gains	138	30
Gross Unrealized Losses	(34)	(280)
Available for sale, fair value	18,339	18,055
Corporate Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	2,007	2,008
Gross Unrealized Gains	6	1
Gross Unrealized Losses		(1)
Available for sale, fair value	2,013	2,008
Trust preferred securities
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	2,589	2,589
Gross Unrealized Gains	315	356
Gross Unrealized Losses	(324)	(304)
Available for sale, fair value	2,580	2,641
Residential Mortgage Backed Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	42,680	44,095
Gross Unrealized Gains	3	3
Gross Unrealized Losses	(806)	(1,041)
Available for sale, fair value	41,877	43,057
Government-Sponsored Agency Securities
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	3,247	3,247
Gross Unrealized Losses	(64)	(122)
Available for sale, fair value	3,183	3,125
Commercial Mortgage Backed Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	27,947	28,069
Gross Unrealized Losses	(542)	(765)
Available for sale, fair value	27,405	27,304
SBA Pool Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	18,921	20,183
Gross Unrealized Gains	15	10
Gross Unrealized Losses	(253)	(308)
Available for sale, fair value	$ 18,683	$ 19,885
[1]	Derived from audited consolidated financial statements

INVESTMENT SECURITIES (Schedu_2

INVESTMENT SECURITIES (Schedule of amortized cost, unrecognized gains and losses, and fair value of held to maturity securities) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	$ 90,592	$ 92,462	[1]
Gross Unrecognized Gains	268	239
Gross Unrecognized Losses	(2,193)	(3,592)
Securities held to maturity fair value (in dollars)	88,667	89,109
Residential Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	5,351	6,001
Gross Unrecognized Losses	(66)	(91)
Securities held to maturity fair value (in dollars)	5,285	5,910
US States and Political Subdivisions Debt Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	20,693	21,496
Gross Unrecognized Gains	118	85
Gross Unrecognized Losses	(71)	(147)
Securities held to maturity fair value (in dollars)	20,740	21,434
US Government Agencies Debt Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	9,361	9,699
Gross Unrecognized Gains	4	4
Gross Unrecognized Losses	(171)	(230)
Securities held to maturity fair value (in dollars)	9,194	9,473
Trust preferred securities
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	2,529	2,610
Gross Unrecognized Gains	146	150
Gross Unrecognized Losses	(1)	(1)
Securities held to maturity fair value (in dollars)	2,674	2,759
Government-Sponsored Agency Securities
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	52,658	52,656
Gross Unrecognized Losses	(1,884)	(3,123)
Securities held to maturity fair value (in dollars)	$ 50,774	$ 49,533
[1]	Derived from audited consolidated financial statements

INVESTMENT SECURITIES (Schedu_3

INVESTMENT SECURITIES (Schedule of fair value and carrying amount, if different, of debt securities, by contractual maturity) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to Maturity, due in one to five years, amortized cost	$ 4,966
Held to Maturity, due in five to ten years, amortized cost	18,942
Held to maturity, due after ten years, amortized cost	51,972
Held to maturity, amortized cost	90,592
Held to Maturity, due in one to five years, fair value	4,970
Held to Maturity, due in five to ten years, fair value	18,454
Held to maturity, due after ten years, fair value	50,764
Held to maturity fair value	88,667	$ 89,109
Available for Sale, due in one to five years, amortized cost	3,358
Available for Sale, due in five to ten years, amortized cost	6,584
Available for sale, due after ten years, amortized cost	16,136
Available for sale, amortized cost	158,178	146,441
Available for Sale, due in one to five years, fair value	3,332
Available for Sale, due in five to ten years, fair value	6,623
Available for sale, due after ten years, fair value	16,160
Available for sale, Fair value	156,192
US Government Agencies Debt Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to maturity, amortized cost	9,361
Held to maturity fair value	9,194	9,473
Available for sale, amortized cost	42,552	27,945
Available for sale, Fair value	42,112
Residential Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to maturity, amortized cost	5,351
Held to maturity fair value	5,285	5,910
Available for sale, amortized cost	42,680	44,095
Available for sale, Fair value	41,877
Commercial Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, amortized cost	27,947	28,069
Available for sale, Fair value	27,405
SBA Pool Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, amortized cost	18,921	$ 20,183
Available for sale, Fair value	$ 18,683

INVESTMENT SECURITIES (Schedu_4

INVESTMENT SECURITIES (Schedule of present information regarding securities in a continuous unrealized loss position by duration of time in a loss position) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value	$ 2,698	$ 9,630
Available for sale, less than 12 months, unrealized losses	(21)	(154)
Available for sale, 12 months or more, fair value	118,225	124,663
Available for sale, 12 months or more, unrealized losses	(2,457)	(3,310)
Available for sale, total fair value	120,923	134,293
Available for sale, total unrealized losses	(2,478)	(3,464)
Held to maturity, less than 12 months, fair value		3,273
Held to Maturity, less than 12 months unrecognized losses		(10)
Held to Maturity, 12 months or more, fair value	71,080	71,624
Held to Maturity, 12 months or more, unrecognized losses	(2,193)	(3,582)
Held to maturity, total fair value	71,080	74,897
Held to maturity, total unrecognized losses	(2,193)	(3,592)
US Government Agencies Debt Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value	149	393
Available for sale, less than 12 months, unrealized losses		(5)
Available for sale, 12 months or more, fair value	26,635	26,910
Available for sale, 12 months or more, unrealized losses	(455)	(638)
Available for sale, total fair value	26,784	27,303
Available for sale, total unrealized losses	(455)	(643)
Held to Maturity, 12 months or more, fair value	8,661	8,935
Held to Maturity, 12 months or more, unrecognized losses	(171)	(230)
Held to maturity, total fair value	8,661	8,935
Held to maturity, total unrecognized losses	(171)	(230)
US States and Political Subdivisions Debt Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value		2,220
Available for sale, less than 12 months, unrealized losses		(78)
Available for sale, 12 months or more, fair value	6,757	13,385
Available for sale, 12 months or more, unrealized losses	(34)	(202)
Available for sale, total fair value	6,757	15,605
Available for sale, total unrealized losses	(34)	(280)
Held to maturity, less than 12 months, fair value		3,273
Held to Maturity, less than 12 months unrecognized losses		(10)
Held to Maturity, 12 months or more, fair value	6,300	7,187
Held to Maturity, 12 months or more, unrecognized losses	(71)	(137)
Held to maturity, total fair value	6,300	10,460
Held to maturity, total unrecognized losses	(71)	(147)
Corporate Debt Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value		1,008
Available for sale, less than 12 months, unrealized losses		(1)
Available for sale, total fair value		1,008
Available for sale, total unrealized losses		(1)
Trust preferred securities
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, 12 months or more, fair value	780	795
Available for sale, 12 months or more, unrealized losses	(324)	(304)
Available for sale, total fair value	780	795
Available for sale, total unrealized losses	(324)	(304)
Held to Maturity, 12 months or more, fair value	60	60
Held to Maturity, 12 months or more, unrecognized losses	(1)	(1)
Held to maturity, total fair value	60	60
Held to maturity, total unrecognized losses	(1)	(1)
Residential Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, 12 months or more, fair value	41,439	42,598
Available for sale, 12 months or more, unrealized losses	(806)	(1,041)
Available for sale, total fair value	41,439	42,598
Available for sale, total unrealized losses	(806)	(1,041)
Held to Maturity, 12 months or more, fair value	5,285	5,910
Held to Maturity, 12 months or more, unrecognized losses	(66)	(91)
Held to maturity, total fair value	5,285	5,910
Held to maturity, total unrecognized losses	(66)	(91)
Government-Sponsored Agency Securities
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, 12 months or more, fair value	3,183	3,125
Available for sale, 12 months or more, unrealized losses	(64)	(122)
Available for sale, total fair value	3,183	3,125
Available for sale, total unrealized losses	(64)	(122)
Held to Maturity, 12 months or more, fair value	50,774	49,532
Held to Maturity, 12 months or more, unrecognized losses	(1,884)	(3,123)
Held to maturity, total fair value	50,774	49,532
Held to maturity, total unrecognized losses	(1,884)	(3,123)
Commercial Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, 12 months or more, fair value	27,405	27,304
Available for sale, 12 months or more, unrealized losses	(542)	(765)
Available for sale, total fair value	27,405	27,304
Available for sale, total unrealized losses	(542)	(765)
SBA Pool Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value	2,549	6,009
Available for sale, less than 12 months, unrealized losses	(21)	(70)
Available for sale, 12 months or more, fair value	12,026	10,546
Available for sale, 12 months or more, unrealized losses	(232)	(238)
Available for sale, total fair value	14,575	16,555
Available for sale, total unrealized losses	$ (253)	$ (308)

INVESTMENT SECURITIES (Schedu_5

INVESTMENT SECURITIES (Schedule of owned pooled trust preferred securities) (Details) - Trust preferred securities $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Security
Par value - security	$ 2,719
Book value - security	2,529
Estimated fair value - security	2,674
Previously Recognized Cumulative Other Comprehensive Loss	223
Other than temporarily impaired
Par value - other than temporarily impaired	3,650
Book value - other than temporarily impaired	2,589
Estimated fair value - other than temporarily impaired	2,580
Cumulative OTTI Related to Credit Loss	1,060
Par value	6,369
Book value	5,118
Estimated fair value	5,254
Alesco VII A1B Senior [Member] | Rating of Moody Aaa, Fitch AAA When Purchased and Moody Aa2, Fitch AA Current Ratings [Member]
Security
Par value - security	2,658
Book value - security	2,468
Estimated fair value - security	$ 2,614
Current Deferrals and Defaults - Security	17.00%
Previously Recognized Cumulative Other Comprehensive Loss	$ 219
MMCF III B Senior Sub [Member] | Rating of Moody A3, Fitch A- When Purchased and Moody Ba1, Fitch BBB Current Ratings [Member]
Security
Par value - security	61
Book value - security	61
Estimated fair value - security	$ 60
Current Deferrals and Defaults - Security	45.00%
Previously Recognized Cumulative Other Comprehensive Loss	$ 4
TPREF Funding II Mezzanine [Member] | Rating of Moody A1, Fitch A- When Purchased and Moody Caa3, Fitch C Current Ratings [Member]
Other than temporarily impaired
Par value - other than temporarily impaired	1,500
Book value - other than temporarily impaired	1,099
Estimated fair value - other than temporarily impaired	$ 775
Current Deferrals and Defaults - other than temporarily impaired	28.00%
Cumulative OTTI Related to Credit Loss	$ 400
ALESCO V C1 Mezzanine [Member] | Rating of Moody A2, Fitch A When Purchased and Moody Caa1, Fitch C Current Ratings [Member]
Other than temporarily impaired
Par value - other than temporarily impaired	2,150
Book value - other than temporarily impaired	1,490
Estimated fair value - other than temporarily impaired	$ 1,805
Current Deferrals and Defaults - other than temporarily impaired	14.00%
Cumulative OTTI Related to Credit Loss	$ 660

INVESTMENT SECURITIES (Schedu_6

INVESTMENT SECURITIES (Schedule of changes in accumulated other comprehensive income by component) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	[1]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	[1]	$ 348,290
Net current-period other comprehensive income/(loss)		858	$ (1,478)
Balance		352,689	328,065
Accumulated Other Comprehensive Income (Loss), Net of Tax		(1,731)		$ (2,589)
Held-to-maturity Securities [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance		(170)	(153)
Other comprehensive income/(loss) before reclassifications		2	(30)
Amounts reclassified from accumulated other comprehensive loss due to the adoption of ASU 2018-02			(183)
Net current-period other comprehensive income/(loss)			4
Balance		(168)	(179)
Accumulated Other Comprehensive Income (Loss) [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance		(2,589)	(1,152)
Other comprehensive income/(loss) before reclassifications		858	(229)
Amounts reclassified from accumulated other comprehensive loss due to the adoption of ASU 2018-02			(1,381)
Net current-period other comprehensive income/(loss)			(1,478)
Balance		(1,731)	(2,859)
Unrealized gains (losses) on securities available for sale
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance		(2,419)	(999)
Other comprehensive income/(loss) before reclassifications		856	(199)
Amounts reclassified from accumulated other comprehensive loss due to the adoption of ASU 2018-02			(1,198)
Net current-period other comprehensive income/(loss)			(1,482)
Balance		$ (1,563)	$ (2,680)
[1]	Derived from audited consolidated financial statements

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN LOSSES (Narrative) (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)loan	Mar. 31, 2018USD ($)	Dec. 31, 2018USD ($)loan	Dec. 31, 2017USD ($)
Accounts Notes And Loans Receivable [Line Items]
Unpaid principal balance of loans	$ 20,021,000		$ 17,370,000
Accretable discount on the acquired covered loans	749,000	$ 816,000
Total loans	2,157,042,000		2,178,961,000
Loans reclassified within portfolio classifications	33,900,000
Accretable discount on acquired EVBS, GAB, PGFSB and HarVest loans	$ 12,600,000		$ 13,500,000
TDRs during period | loan	2		1
Mortgage loans on real estate, foreclosures	$ 1,200,000
Mortgage loans in process of foreclosure, amount	1,100,000		$ 1,500,000
SBA guaranteed amounts included in nonaccrual loans	4,800,000		3,400,000
Mortgage loans trouble debt restructured current amount	656,000
Doubtful [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	0		0
GAB acquisition [Member]
Accounts Notes And Loans Receivable [Line Items]
Loss sharing agreement				$ 143,400,000
Total loans	$ 18,700,000		$ 18,300,000

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Loans, net of Unearned Income) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	$ 1,908,348	$ 1,891,173
Gross loans	2,157,042	2,178,961
Less deferred fees on loans	173	(137)
Loans, net of deferred fees	2,157,215	2,178,824	[1]
GAB acquisition [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	18,700	18,300
Gross loans	18,700	18,300
Commercial Real Estate Non-owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Gross loans		644,180
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	416,750	407,031
Gross loans	416,750	407,031
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	549,891	540,698
Gross loans	652,792	644,180
Commercial Real Estate Portfolio Segment [Member] | Loans And Leases Receivable Secured By Farmland [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	19,682	20,966
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	149,054	146,654
Gross loans	149,054	146,654
Residential Portfolio Segment [Member] | 1-4 Family Residential
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	568,616	565,083
Gross loans	689,752	693,308
Residential Portfolio Segment [Member] | Loans And Leases Receivable Multi Family Residential [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	83,219	82,516
Residential Portfolio Segment [Member] | Home Equity Loan [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	121,136	128,225
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Gross loans	218,375	255,441
Consumer Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Gross loans	$ 30,319	$ 32,347
[1]	Derived from audited consolidated financial statements

LOANS AND ALLOWANCE FOR LOAN _5

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Summary of Impaired Loans) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
With no related allowance recorded
With no related allowance recorded - Recorded Investment	$ 14,957	$ 8,007
With no related allowance recorded - Unpaid Principal Balance	20,021	17,370
With an allowance recorded
With an allowance recorded - Recorded Investment	3,593	4,055
With an allowance recorded - Unpaid Principal Balance	5,501	4,752
With an allowance recorded - Allowance for Loan Losses Allocated	600	618
Recorded Investment, Grand total	18,550	12,062
Unpaid Principal Balance, Grand total	25,522	22,122
Charge off on recorded investment	2,000	1,500
Loans guaranteed by SBA	4,800	3,400
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment	4,540	2,795
With no related allowance recorded - Unpaid Principal Balance	5,989	4,777
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment	3,927	171
With no related allowance recorded - Unpaid Principal Balance	4,421	333
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
With no related allowance recorded
With no related allowance recorded - Recorded Investment	353
With no related allowance recorded - Unpaid Principal Balance	365	336
Residential Portfolio Segment [Member] | 1-4 Family Residential
With no related allowance recorded
With no related allowance recorded - Recorded Investment	2,558	1,591
With no related allowance recorded - Unpaid Principal Balance	4,966	5,911
With an allowance recorded
With an allowance recorded - Recorded Investment	783	1,429
With an allowance recorded - Unpaid Principal Balance	831	1,476
With an allowance recorded - Allowance for Loan Losses Allocated		6
Commercial Portfolio Segment [Member]
With no related allowance recorded
With no related allowance recorded - Recorded Investment	3,560	3,450
With no related allowance recorded - Unpaid Principal Balance	4,240	6,013
With an allowance recorded
With an allowance recorded - Recorded Investment	2,810	2,626
With an allowance recorded - Unpaid Principal Balance	4,670	3,276
With an allowance recorded - Allowance for Loan Losses Allocated	600	$ 612
Consumer Portfolio Segment [Member]
With no related allowance recorded
With no related allowance recorded - Recorded Investment	19
With no related allowance recorded - Unpaid Principal Balance	$ 40

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Details of Average Recorded Investment and Interest Income for Impaired Loans Recognized by Class of Loans) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	$ 21,195	$ 19,910
With no related allowance recorded, Interest Income Recognized	187	40
With an allowance recorded
With an allowance recorded, Average Recorded Investment	5,696	929
With an allowance recorded, Interest Income Recognized	68
Average Recorded Investment, Grand total	26,891	20,839
Interest Income Recognized, Grand total	255	40
Commercial Real Estate Portfolio Segment [Member]
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		4,842
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	6,034	671
With no related allowance recorded, Interest Income Recognized	66	9
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	4,435	877
With no related allowance recorded, Interest Income Recognized	37	14
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	370	9,972
With no related allowance recorded, Interest Income Recognized	14
Residential Portfolio Segment [Member] | 1-4 Family Residential
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	5,305	3,548
With no related allowance recorded, Interest Income Recognized	59	14
With an allowance recorded
With an allowance recorded, Average Recorded Investment	984
With an allowance recorded, Interest Income Recognized	18
Commercial Portfolio Segment [Member]
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	5,011
With no related allowance recorded, Interest Income Recognized	11	3
With an allowance recorded
With an allowance recorded, Average Recorded Investment	4,712	$ 929
With an allowance recorded, Interest Income Recognized	50
Consumer Portfolio Segment [Member]
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	$ 40

LOANS AND ALLOWANCE FOR LOAN _7

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Details of Aging of the Recorded Investment in Past Due loans by Class of Loans) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	$ 10,379	$ 9,337
Recorded Investment, Nonaccrual Loans	7,444	6,730
Recorded Investment, Loans Not Past Due	2,139,219	2,162,894
Gross loans	2,157,042	2,178,961
Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	9,480	7,993
Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	899	1,344
Commercial Real Estate Non-owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Gross loans		644,180
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	3,474	921
Recorded Investment, Nonaccrual Loans	1,161	1,284
Recorded Investment, Loans Not Past Due	412,115	404,826
Gross loans	416,750	407,031
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	3,310	577
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	164	344
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	300	1,198
Recorded Investment, Nonaccrual Loans	1,387
Recorded Investment, Loans Not Past Due	651,105	642,982
Gross loans	652,792	644,180
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	100	581
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	200	617
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	417	851
Recorded Investment, Loans Not Past Due	148,637	145,803
Gross loans	149,054	146,654
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	389	851
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	28
Residential Portfolio Segment [Member] | 1-4 Family Residential
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	5,861	5,720
Recorded Investment, Nonaccrual Loans	1,501	2,055
Recorded Investment, Loans Not Past Due	682,390	685,533
Gross loans	689,752	693,308
Residential Portfolio Segment [Member] | 1-4 Family Residential | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	5,530	5,523
Residential Portfolio Segment [Member] | 1-4 Family Residential | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	331	197
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	290	487
Recorded Investment, Nonaccrual Loans	3,375	3,391
Recorded Investment, Loans Not Past Due	214,710	251,563
Gross loans	218,375	255,441
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	114	319
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	176	168
Consumer Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	37	160
Recorded Investment, Nonaccrual Loans	20
Recorded Investment, Loans Not Past Due	30,262	32,187
Gross loans	30,319	32,347
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due	$ 37	142
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		$ 18

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Activity for Loan and Lease Losses By Class of Loan) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019		Mar. 31, 2018
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	$ 12,283	[1]	$ 9,397
Provision (recovery)	200		1,600
Charge offs	(689)		(487)
Recoveries	80		245
Ending balance	11,874		10,755
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	802		690
Provision (recovery)	11		165
Recoveries	3		4
Ending balance	816		859
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,669		1,321
Provision (recovery)	624		229
Charge offs	(462)
Ending balance	1,831		1,550
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	821
Ending balance	920
Residential Portfolio Segment [Member] | 1-4 Family Residential
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,106		1,586
Provision (recovery)	56		(34)
Charge offs			(166)
Recoveries	8		64
Ending balance	1,170		1,450
Commercial Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	7,097		4,496
Provision (recovery)	(887)		831
Charge offs	(167)		(230)
Recoveries	63		175
Ending balance	6,106		5,272
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	821		692
Provision (recovery)	99		112
Ending balance	920		804
Consumer Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	224		612
Provision (recovery)	83		297
Charge offs	(60)		(91)
Recoveries	6		2
Ending balance	253		$ 820
Unallocated
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	564
Provision (recovery)	214
Ending balance	$ 778
[1]	Derived from audited consolidated financial statements

LOANS AND ALLOWANCE FOR LOAN _9

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Allowance for Loan Losses and the Recorded Investment by Portfolio Segment) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018		Mar. 31, 2018	Dec. 31, 2017
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$ 600	$ 600
Collectively evaluated for impairment	11,274	11,683
Total ending allowance	11,874	12,283	[1]	$ 10,755	$ 9,397
Loans:
Individually evaluated for impairment	14,957	8,007
Collectively evaluated for impairment	2,142,085	2,170,954
Total ending loan balances	2,157,042	2,178,961
Commercial Real Estate Non-owner Occupied
Loans:
Total ending loan balances		644,180
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	816	802
Total ending allowance	816	802		859	690
Loans:
Individually evaluated for impairment	4,540	2,795
Collectively evaluated for impairment	412,210	404,236
Total ending loan balances	416,750	407,031
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	1,831	1,669
Total ending allowance	1,831	1,669		1,550	1,321
Loans:
Individually evaluated for impairment	3,927	171
Collectively evaluated for impairment	648,865	644,009
Total ending loan balances	652,792	644,180
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	920	821
Total ending allowance	920	821
Loans:
Individually evaluated for impairment	353
Collectively evaluated for impairment	148,701	146,654
Total ending loan balances	149,054	146,654
Residential Portfolio Segment [Member] | 1-4 Family Residential
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	1,170	1,106
Total ending allowance	1,170	1,106		1,450	1,586
Loans:
Individually evaluated for impairment	2,558	1,591
Collectively evaluated for impairment	687,194	691,717
Total ending loan balances	689,752	693,308
Commercial Portfolio Segment [Member]
Ending allowance balance attributable to loans:
Individually evaluated for impairment	600	600
Collectively evaluated for impairment	5,506	6,497
Total ending allowance	6,106	7,097		5,272	4,496
Loans:
Individually evaluated for impairment	3,560	3,450
Collectively evaluated for impairment	214,815	251,991
Total ending loan balances	218,375	255,441
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Ending allowance balance attributable to loans:
Total ending allowance	920	821		804	692
Consumer Portfolio Segment [Member]
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	253	224
Total ending allowance	253	224		$ 820	$ 612
Loans:
Individually evaluated for impairment	19
Collectively evaluated for impairment	30,300	32,347
Total ending loan balances	30,319	32,347
Unallocated
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	778	564
Total ending allowance	$ 778	$ 564
[1]	Derived from audited consolidated financial statements

LOANS AND ALLOWANCE FOR LOAN_10

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of the Risk Category of Loans by Class of Loans) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,157,042	$ 2,178,961
Loans guaranteed by SBA	4,800	3,400
Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	13,708	13,903
Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	10,879	7,670
Loans guaranteed by SBA	4,800	3,400
Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,132,455	2,157,388
Commercial Real Estate Non-owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Total loans		644,180
Commercial Real Estate Non-owner Occupied | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans		4,382
Commercial Real Estate Non-owner Occupied | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans		189
Commercial Real Estate Non-owner Occupied | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans		639,609
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Total loans	416,750	407,031
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,596	6,611
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	5,519	2,810
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	407,635	397,610
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Total loans	652,792	644,180
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	4,255
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	185
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	648,352
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	149,054	146,654
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	149,054	146,654
Residential Portfolio Segment [Member] | 1-4 Family Residential
Accounts Notes And Loans Receivable [Line Items]
Total loans	689,752	693,308
Residential Portfolio Segment [Member] | 1-4 Family Residential | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	393	395
Residential Portfolio Segment [Member] | 1-4 Family Residential | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,957	1,982
Residential Portfolio Segment [Member] | 1-4 Family Residential | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	687,402	690,931
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	218,375	255,441
Commercial Portfolio Segment [Member] | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	5,327	2,373
Commercial Portfolio Segment [Member] | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,218	2,689
Commercial Portfolio Segment [Member] | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	209,830	250,379
Consumer Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	30,319	32,347
Consumer Portfolio Segment [Member] | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	137	142
Consumer Portfolio Segment [Member] | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 30,182	$ 32,205

LEASES (Narrative) (Details)

LEASES (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Leases [Abstract]
Operating lease right-of-use assets	$ 7,865
Operating Lease, Liability	8,856
Lease, Cost	$ 586

LEASES (Schedule of operating l

LEASES (Schedule of operating lease other information) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ 670
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 155
Weighted-average remaining lease term - operating leases, in years	6 years 1 month 6 days
Weighted-average discount rate - operating leases	3.00%

LEASES (Schedule of future mini

LEASES (Schedule of future minimum rental payments required under non-cancelable operating leases for bank premises) (Details) $ in Thousands	Mar. 31, 2019USD ($)
Leases [Abstract]
Less than one year	$ 1,824
One to three years	3,359
Three to five years	2,367
More than five years	2,199
Total lease payments	9,749
Less: Interest	(893)
Lease liabilities	$ 8,856

FINANCIAL INSTRUMENTS WITH OF_2

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Line of Credit Facility [Line Items]
Unfunded lines of credit and undisbursed construction loan funds	$ 338.2	$ 339.2
Letter Of Credit [Member]
Line of Credit Facility [Line Items]
Letters of credit outstanding	$ 19.2	$ 19.2

EARNINGS PER SHARE (Narrative)

EARNINGS PER SHARE (Narrative) (Details) - shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share [Abstract]
Anti-dilutive options and warrants (in shares)	0	0

EARNINGS PER SHARE (Schedule of

EARNINGS PER SHARE (Schedule of Reconciliation of the Denominators of the Basic and Diluted Earnings per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share [Abstract]
Basic EPS - Income (Numerator) (in dollars)	$ 6,020	$ 8,259
Net Income (Loss) Available to Common Stockholders, Diluted, Total	$ 6,020	$ 8,259
Basic EPS- Weighted Average Shares (Denominator) (in shares)	24,012	23,962
Effect of dilutive stock options and warrants- Weighted Average Shares (Denominator) (in shares)	299	271
Diluted EPS- Weighted Average Shares (Denominator) (in shares)	24,311	24,233
Basic EPS - Per Share Amount (in dollars per share)	$ 0.25	$ 0.34
Diluted EPS- Per Share Amount (in dollars per share)	$ 0.25	$ 0.34

FAIR VALUE (Narrative) (Details

FAIR VALUE (Narrative) (Details) - USD ($)	Jun. 23, 2017	Mar. 31, 2019	Dec. 31, 2018		Mar. 31, 2018	Dec. 31, 2017
Accounts Notes And Loans Receivable [Line Items]
Impaired loans		$ 18,550,000	$ 12,062,000
Allowances for loan losses		11,874,000	12,283,000	[1]	$ 10,755,000	$ 9,397,000
Other real estate owned		5,041,000	5,077,000	[1]
Loans guaranteed by SBA		$ 4,800,000	$ 3,400,000
Eastern Virginia Bankshares Inc [Member]
Accounts Notes And Loans Receivable [Line Items]
Number of properties acquired	$ 4
Non-covered Loans [Member] | Minimum [Member]
Accounts Notes And Loans Receivable [Line Items]
Fair value of estimated costs related to selling the collateral		6.00%	6.00%
Non-covered Loans [Member] | Maximum [Member]
Accounts Notes And Loans Receivable [Line Items]
Fair value of estimated costs related to selling the collateral		10.00%	10.00%
Covered Loans [Member] | Minimum [Member]
Accounts Notes And Loans Receivable [Line Items]
Fair value of estimated costs related to selling the collateral		5.00%	5.00%
Covered Loans [Member] | Maximum [Member]
Accounts Notes And Loans Receivable [Line Items]
Fair value of estimated costs related to selling the collateral		7.60%	7.60%
Fair Value, Inputs, Level 3 [Member] | Non-covered Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Impaired loans		$ 18,600,000	$ 12,100,000
Loans guaranteed by SBA		$ 4,800,000	$ 3,400,000
[1]	Derived from audited consolidated financial statements

FAIR VALUE (Schedule of assets

FAIR VALUE (Schedule of assets measured at fair value on a recurring basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Available for sale securities
Fair value	$ 156,192	$ 143,377	[1]
Fair Value | Fair Value, Inputs, Level 2 [Member]
Available for sale securities
Fair value	156,192	143,377
Fair Value, Measurements, Recurring [Member]
Available for sale securities
Fair value	156,192	143,377
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member]
Available for sale securities
Fair value	42,112	27,302
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Available for sale securities
Fair value	18,339	18,055
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member]
Available for sale securities
Fair value	2,013	2,008
Fair Value, Measurements, Recurring [Member] | Residential Mortgage Backed Securities [Member]
Available for sale securities
Fair value	41,877	43,057
Fair Value, Measurements, Recurring [Member] | Government-Sponsored Agency Securities
Available for sale securities
Fair value	3,183	3,125
Fair Value, Measurements, Recurring [Member] | Mortgage-backed securities
Available for sale securities
Fair value	27,405	27,304
Fair Value, Measurements, Recurring [Member] | SBA Pool Securities [Member]
Available for sale securities
Fair value	18,683	19,885
Fair Value, Measurements, Recurring [Member] | Trust preferred securities
Available for sale securities
Fair value	2,580	2,641
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available for sale securities
Fair value	155,192	142,377
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Available for sale securities
Fair value	42,112	27,302
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Available for sale securities
Fair value	18,339	18,055
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Available for sale securities
Fair value	1,013	1,008
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Residential Mortgage Backed Securities [Member]
Available for sale securities
Fair value	41,877	43,057
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Government-Sponsored Agency Securities
Available for sale securities
Fair value	3,183	3,125
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed securities
Available for sale securities
Fair value	27,405	27,304
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | SBA Pool Securities [Member]
Available for sale securities
Fair value	18,683	19,885
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Trust preferred securities
Available for sale securities
Fair value	2,580	2,641
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available for sale securities
Fair value	1,000	1,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member]
Available for sale securities
Fair value	$ 1,000	$ 1,000
[1]	Derived from audited consolidated financial statements

FAIR VALUE (Schedule of Asset_2

FAIR VALUE (Schedule of Assets Measured at Fair Value on Non-recurring Basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale	$ 600
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale	600
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale		$ 600
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale		600
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	4,540	2,795
Other real estate owned	908	908
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	4,540	2,795
Other real estate owned	908	908
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	3,927	171
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	3,927	171
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	2,902	2,938
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	2,902	2,938
Residential Portfolio Segment [Member] | 1-4 Family Residential | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	3,341	3,020
Other real estate owned	1,231	1,231
Residential Portfolio Segment [Member] | 1-4 Family Residential | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	3,341	3,020
Other real estate owned	1,231	1,231
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	6,370	6,076
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 6,370	$ 6,076

FAIR VALUE (Schedule of estimat

FAIR VALUE (Schedule of estimated fair values and fair value hierarchy levels of financial instruments) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Financial assets:
Securities available for sale	$ 156,192	$ 143,377	[1]
Held To Maturity Securities Fair Value	88,667	89,109
Equity Method Investments, Fair Value Disclosure	3,847	3,829	[1]
Preferred investment in mortgage affiliate	3,305	3,305	[1]
Fair Value, Inputs, Level 1 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial assets:
Cash and cash equivalents	31,841	28,611
Financial liabilities:
Demand deposits	690,109	665,640
Money market and savings accounts	574,619	506,519
Securities sold under agreements to repurchase	13,623	18,721
FHLB short tem advances	135,640	163,340
Fair Value, Inputs, Level 1 [Member] | Fair Value
Financial assets:
Cash and cash equivalents	31,841	28,611
Financial liabilities:
Demand deposits	690,109	665,640
Money market and savings accounts	574,619	506,519
Securities sold under agreements to repurchase	13,623	18,721
FHLB short tem advances	135,640	163,340
Fair Value, Inputs, Level 2 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial assets:
Securities available for sale	156,192	143,377
Held To Maturity Securities Fair Value	90,592	92,462
Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure	18,427	19,522
Financial liabilities:
Junior subordinated debt	9,596	9,584
Senior subordinated notes	47,080	47,089
Fair Value, Inputs, Level 2 [Member] | Fair Value
Financial assets:
Securities available for sale	156,192	143,377
Held To Maturity Securities Fair Value	88,667	89,109
Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure	18,427	19,522
Financial liabilities:
Junior subordinated debt	12,880	12,065
Senior subordinated notes	58,178	57,173
Fair Value, Inputs, Level 3 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial assets:
Equity Method Investments, Fair Value Disclosure	3,847	3,829
Preferred investment in mortgage affiliate	3,305	3,305
Net loans	2,145,341	2,166,541
Financial liabilities:
Certificate of deposits	846,325	925,441
Fair Value, Inputs, Level 3 [Member] | Fair Value
Financial assets:
Equity Method Investments, Fair Value Disclosure	3,847	3,829
Preferred investment in mortgage affiliate	3,305	3,305
Net loans	2,123,900	2,134,021
Financial liabilities:
Certificate of deposits	843,136	919,175
Fair Value Inputs Level 1 and Level 3 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial liabilities:
Accrued interest payable	4,347	3,985
Fair Value Inputs Level 1 and Level 3 [Member] | Fair Value
Financial liabilities:
Accrued interest payable	4,347	3,985
Fair Value Inputs Level 2 and Level 3 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial assets:
Accrued interest receivable	8,963	8,745
Fair Value Inputs Level 2 and Level 3 [Member] | Fair Value
Financial assets:
Accrued interest receivable	$ 8,963	$ 8,745
[1]	Derived from audited consolidated financial statements

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Banking and Thrift [Abstract]
Federal Funds Purchased and Securities Sold under Agreements to Repurchase	$ 13.6	$ 18.7

JUNIOR SUBORDINATED DEBT AND _2

JUNIOR SUBORDINATED DEBT AND SENIOR SUBORDINATED NOTES (Narrative) (Details) - USD ($) $ in Thousands	Jan. 20, 2017	Apr. 22, 2015	Mar. 31, 2019	Dec. 31, 2018	Jun. 23, 2017	Sep. 17, 2003
Senior Subordinated Notes [Member]
Debt Instrument [Line Items]
Proceeds from subordinated notes	$ 27,000
Interest rate percentage	5.875%
Basis spread on LIBOR	3.95%
Unamortized debt issuance costs			$ 737
Eastern Virginia Bankshares Inc [Member]
Debt Instrument [Line Items]
Notes assumed in merger					$ 10,300
Trust preferred securities pooled underwriting amount						$ 650,000
Eastern Virginia Bankshares Inc [Member] | Junior Subordinated Debt [Member]
Debt Instrument [Line Items]
Interest rate percentage			5.56%	5.73%
Description of variable rate basis			three-month LIBOR
Basis spread on LIBOR			2.95%
Percentage of tier one capital for regulatory capital adequacy			25.00%
Eastern Virginia Bankshares Inc [Member] | Senior Subordinated Notes [Member]
Debt Instrument [Line Items]
Proceeds from subordinated notes		$ 20,000
Interest rate percentage		6.50%
Basis spread on LIBOR		5.02%
Percentage of aggregate principle amount		100.00%
Scenario, Adjustment [Member] | Eastern Virginia Bankshares Inc [Member]
Debt Instrument [Line Items]
Junior subordinated debt					(801)
Senior subordinated notes					$ 1,900