Primis Financial (FRST) 10-Q 9 Nov 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Nov. 02, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2020
Entity File Number	001-33037
Entity Registrant Name	Southern National Bancorp of Virginia Inc
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	20-1417448
Entity Address, Address Line One	6830 Old Dominion Drive
Entity Address, City or Town	McLean
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22101
City Area Code	703
Local Phone Number	893-7400
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	SONA
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		24,368,612
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001325670
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	[1]
Cash and cash equivalents:
Cash and due from financial institutions	$ 7,186	$ 7,909
Interest-bearing deposits in other financial institutions	142,086	24,019
Total cash and cash equivalents	149,272	31,928
Securities available for sale, at fair value	157,896	164,820
Securities held to maturity, at amortized cost (fair value of $50,551 and $72,666, respectively)	49,323	72,448
Total loans	2,523,709	2,186,047
Less allowance for loan losses	(25,779)	(10,261)
Net loans	2,497,930	2,175,786
Stock in Federal Reserve Bank and Federal Home Loan Bank	16,927	17,832
Equity investment in mortgage affiliate	13,238	5,020
Preferred investment in mortgage affiliate	3,305	3,305
Bank premises and equipment, net	30,679	31,184
Operating lease right-of-use assets	7,033	8,013
Goodwill	101,954	101,954
Core deposit intangibles, net	6,168	7,191
Bank-owned life insurance	65,015	63,850
Other real estate owned	5,388	6,224
Deferred tax assets, net	14,477	11,788
Accrued interest receivable	21,076	8,210
Other assets	14,892	12,617
Total assets	3,154,573	2,722,170
LIABILITIES AND STOCKHOLDERS' EQUITY
Noninterest-bearing demand deposits	467,581	339,153
Interest-bearing deposits:
NOW accounts	472,553	391,172
Money market accounts	534,899	466,867
Savings accounts	179,756	144,486
Time deposits	561,685	783,040
Total interest-bearing deposits	1,748,893	1,785,565
Total deposits	2,216,474	2,124,718
Securities sold under agreements to repurchase - short term	16,181	12,883
Paycheck Protection Program Liquidity Facility borrowings	283,906	0
Federal Home Loan Bank (FHLB) advances	100,000	121,640
Junior subordinated debt - long term	9,669	9,632
Senior subordinated notes - long term	105,709	47,051
Operating lease liabilities	7,800	8,469
Other liabilities	25,851	20,536
Total liabilities	2,765,590	2,344,929
Commitments and contingencies (See Note 6)
Stockholders' equity:
Preferred stock, $0.01 par value. Authorized 5,000,000 shares; no shares issued and outstanding
Common stock, $0.01 par value. Authorized 45,000,000 shares; 24,368,853 and 24,181,534 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	243	241
Additional paid in capital	308,814	306,755
Retained earnings	76,486	69,462
Accumulated other comprehensive income	3,440	783
Total stockholders' equity	388,983	377,241
Total liabilities and stockholders' equity	$ 3,154,573	$ 2,722,170
[1]	Derived from audited consolidated financial statements

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Statement Of Financial Position [Abstract]
Securities held to maturity fair value (in dollars)	$ 50,551	$ 72,666
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	24,368,853	24,181,534
Common stock, shares outstanding	24,368,853	24,181,534

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Interest and dividend income:
Interest and fees on loans	$ 27,266	$ 28,340	$ 81,051	$ 84,692
Interest and dividends on taxable securities	1,006	1,375	3,382	4,275
Interest and dividends on tax exempt securities	123	145	355	453
Interest and dividends on other earning assets	312	614	1,072	1,750
Total interest and dividend income	28,707	30,474	85,860	91,170
Interest expense:
Interest on deposits	4,357	8,001	16,006	23,117
Interest on federal reserve board borrowings	180	0	201	0
Interest on repurchase agreements	24	20	65	65
Interest on junior subordinated debt	89	158	349	458
Interest on senior subordinated notes	968	711	2,392	2,135
Interest on other borrowings	91	569	861	2,464
Total interest expense	5,709	9,459	19,874	28,239
Net interest income	22,998	21,015	65,986	62,931
Provision for loan losses	2,000	150	16,349	350
Net interest income after provision for loan losses	20,998	20,865	49,637	62,581
Noninterest income:
Account maintenance and deposit service fees	1,633	1,837	4,820	5,312
Income from bank-owned life insurance	394	392	1,165	1,300
Equity gain from mortgage affiliate	3,826	599	8,218	1,175
Recoveries related to acquired charged-off loans and investment securities	288	145	2,707	1,060
Other	130	1	574	380
Total noninterest income	6,271	2,974	17,484	9,227
Noninterest expenses:
Salaries and benefits	7,817	6,567	27,464	19,523
Occupancy expenses	1,432	968	4,776	4,572
Furniture and equipment expenses	719	514	1,977	1,962
Amortization of core deposit intangible	341	352	1,023	1,077
Virginia franchise tax expense	615	563	1,844	1,689
Data processing expense	701	622	2,364	1,704
Telephone and communication expense	382	477	1,119	1,258
Net (gain) loss on other real estate owned	(16)	0	55	(38)
Professional fees	1,494	673	3,560	2,576
Other operating expenses	1,779	1,878	5,004	8,473
Total noninterest expenses	15,264	12,614	49,186	42,796
Income before income taxes	12,005	11,225	17,935	29,012
Income tax expense	2,417	2,361	3,611	4,809
Net income	9,588	8,864	14,324	24,203
Other comprehensive income:
Unrealized gain on available for sale securities	23	740	3,353	4,668
Accretion of amounts previously recorded upon transfer to held to maturity from available for sale	3	4	10	10
Net unrealized gain	26	744	3,363	4,678
Tax effect	5	157	706	983
Other comprehensive income	21	587	2,657	3,695
Comprehensive income	$ 9,609	$ 9,451	$ 16,981	$ 27,898
Earnings per share, basic (in dollars per share)	$ 0.40	$ 0.37	$ 0.59	$ 1.01
Earnings per share, diluted (in dollars per share)	$ 0.39	$ 0.36	$ 0.59	$ 0.99

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, 2018	$ 240	$ 305,654	$ 44,985	$ (2,589)	$ 348,290
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	24,203	0	24,203
Changes in other comprehensive income on investment securities, net of tax and accretion	0	0	0	3,695	3,695
Dividends on common stock	0	0	(6,514)	0	(6,514)
Issuance of common stock under Stock Incentive Plan	1	603	0	0	604
Stock-based compensation expense	0	352	0	0	352
Balance at Sep. 30, 2019	241	306,609	62,674	1,106	370,630
Balance at Jun. 30, 2019	241	306,049	55,983	519	362,792
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	8,864	0	8,864
Changes in other comprehensive income on investment securities, net of tax and accretion	0	0	0	587	587
Dividends on common stock	0	0	(2,173)	0	(2,173)
Issuance of common stock under Stock Incentive Plan	0	475	0	0	475
Stock-based compensation expense	0	85	0	0	85
Balance at Sep. 30, 2019	241	306,609	62,674	1,106	370,630
Balance at Dec. 31, 2019	241	306,755	69,462	783	377,241	[1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	14,324	0	14,324
Changes in other comprehensive income on investment securities, net of tax and accretion	0	0	0	2,657	2,657
Dividends on common stock	0	0	(7,300)	0	(7,300)
Issuance of common stock under Stock Incentive Plan	2	574	0	0	576
Stock-based compensation expense	0	1,485	0	0	1,485
Balance at Sep. 30, 2020	243	308,814	76,486	3,440	388,983
Balance at Jun. 30, 2020	243	308,672	69,335	3,419	381,669
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	0	9,588	0	9,588
Changes in other comprehensive income on investment securities, net of tax and accretion	0	0	0	21	21
Dividends on common stock	0	0	(2,437)	0	(2,437)
Issuance of common stock under Stock Incentive Plan	0	50	0	0	50
Stock-based compensation expense	0	92	0	0	92
Balance at Sep. 30, 2020	$ 243	$ 308,814	$ 76,486	$ 3,440	$ 388,983
[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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Statement Of Stockholders Equity [Abstract]
Tax on change in unrealized loss on securities available for sale	$ 5	$ 157	$ 706	$ 983
Common stock dividends per share (in dollars per share)	$ 0.10	$ 0.09	$ 0.30	$ 0.27
Issuance of common shares under Stock Incentive Plan (in shares)	7,250	54,450	93,250	73,900

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Operating activities:
Net income	$ 14,324,000	$ 24,203,000
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:
Depreciation and amortization	3,946,000	4,526,000
Amortization of operating lease right-of-use assets	2,255,000	1,901,000
Accretion of loan discount	(3,596,000)	(2,689,000)
Amortization of FDIC indemnification asset	0	531,000
Provision for loan losses	16,349,000	350,000
Earnings on bank-owned life insurance	(1,165,000)	(1,300,000)
Equity gain on mortgage affiliate	(8,218,000)	(1,175,000)
Stock-based compensation expense	1,485,000	352,000
(Gain) loss on other real estate owned	55,000	(38,000)
Provision for deferred income taxes	(3,395,000)	(1,197,000)
Net increase in other assets and accrued interest receivable	(15,141,000)	(3,642,000)
Net increase in other liabilities	3,370,000	5,710,000
Net cash and cash equivalents provided by operating activities	10,269,000	27,532,000
Investing activities:
Purchases of held to maturity investment securities	(15,197,000)	(10,233,000)
Purchases of available for sale investment securities	(29,284,000)	(35,082,000)
Proceeds from paydowns, maturities and calls of available for sale investment securities	38,451,000	18,151,000
Proceeds from paydowns, maturities and calls of held to maturity investment securities	37,998,000	23,685,000
Net decrease of FRB and FHLB stock	905,000	4,920,000
Net (increase) decrease in loans	(335,156,000)	37,883,000
Proceeds from bank-owned life insurance death benefit	0	343,000
Sales of other real estate owned, net of improvements	1,041,000	93,000
Purchases of bank premises and equipment	(965,000)	(504,000)
Net cash and cash equivalents provided by (used in) investing activities	(302,207,000)	39,256,000
Financing activities:
Net increase in deposits	91,756,000	81,149,000
Cash dividends paid on common stock	(7,300,000)	(6,514,000)
Issuance of common stock under Stock Incentive Plan	576,000	604,000
Issuance of subordinated notes, net of cost	58,686,000	0
Net increase in PPPLF borrowings	283,906,000	0
Net decrease in short-term borrowings	(18,342,000)	(122,066,000)
Net cash and cash equivalents provided by (used in) financing activities	409,282,000	(46,827,000)
Increase in cash and cash equivalents	117,344,000	19,961,000
Cash and cash equivalents at beginning of period	31,928,000	28,611,000
Cash and cash equivalents at end of period	149,272,000	48,572,000
Cash payments for:
Interest	21,704,000	27,097,000
Income taxes	4,187,000	3,467,000
Supplemental schedule of noncash investing and financing activities
Initial recognition of operating lease right-of-use assets	0	8,615,000
Initial recognition of operating lease liabilities	$ 0	$ 9,099,000

ACCOUNTING POLICIES

ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2020
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. 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 September 30, 2020, Sonabank had forty-two full-service branches in Virginia and Maryland and through certain internet and mobile applications. Thirty-seven full-service retail branches are in Virginia, located in Ashland, Burgess, Callao, Central Garage, Charlottesville, Chester, Clifton Forge, Colonial Heights, Courtland, Deltaville, Fairfax, Front Royal, Gloucester, Gloucester Point, Hampton, Hartfield, Heathsville, Kilmarnock, Leesburg, McLean, Mechanicsville (2), Middleburg, Midlothian, New Market, Newport News, Quinton, Reston, Richmond, South Riding, Surry, Tappahannock (2), Urbanna, Warrenton, Waverly, and Williamsburg, and five full-service retail branches in Maryland, located in Bethesda, Brandywine, Owings, Rockville, and Upper Marlboro. We have administrative offices in Warrenton and Glen Allen, Virginia, and in Georgetown, Washington, D.C. 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 Annual Report on Form 10-K for the year ended December 31, 2019. 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 include: the determination of the allowance for loan losses, the fair value of investment securities, other than temporary impairment of investment securities, the valuation of goodwill and intangible assets, other real estate owned (“OREO”) and deferred taxes. Risks and Uncertainties The outbreak of the novel corona virus disease 2019 (“COVID-19”) has adversely impacted a broad range of industries in which the Company’s customers operate and has impaired and could continue to impair their ability to fulfill their financial obligations to the Company. In March 2020, the World Health Organization declared COVID-19 to be a global pandemic. The spread of COVID-19 has caused significant uncertainty, volatility and disruption in the U.S. and global economy and has disrupted banking and other financial activity in the areas in which the Company operates. Given the ongoing and dynamic nature COVID-19, it is not possible to accurately predict the extent, severity or duration of these conditions or when normal economic and operating conditions will resume. For this reason, the extent to which the COVID-19 pandemic affects our business, operations and financial condition, as well as our regulatory capital and liquidity ratios and credit ratings, is highly uncertain and unpredictable and depends on, among other things, new information that may emerge concerning the scope, duration and severity of the COVID-19 pandemic and actions taken by governmental authorities and other parties in response to the pandemic. If the pandemic is prolonged, the adverse impact on the markets in which we operate and on our business, operations and financial condition could deepen. Congress, the President, and the Federal Reserve have taken several actions designed to minimize the economic impact of COVID-19. The Coronavirus Aid, Relief and Economic Security (“CARES”) Act was signed into law at the end of March 2020 as a $2 trillion legislative package. The goal of the CARES Act is to prevent a severe economic downturn through various measures, including direct financial aid to American families and economic stimulus to significantly impacted industry sectors. The package also includes extensive emergency funding for hospitals and healthcare providers. In addition to the general impact of COVID-19, certain provisions of the CARES Act as well as other recent legislative and regulatory relief efforts have had and are expected to continue to have a material impact on the Company’s operations. The CARES Act includes provisions that temporarily delay the required implementation date of Financial Accounting Standards Board (“FASB”) ASC Topic 326, Financial Instruments—Credit Losses , and suspend the requirements related to accounting for a troubled debt restructuring , for certain entities. The Company’s business is dependent upon the willingness and ability of its employees and customers to conduct banking and other financial transactions. If the global response to contain COVID-19 escalates further or is unsuccessful, the Company could experience a material adverse effect on its business, financial condition, results of operations and cash flows. While it is not possible to know the full universe or extent that the impact of COVID-19, and resulting measures to curtail its spread, will have on the Company’s operations, the Company is disclosing potentially material items of which it is aware. Financial position and results of operations The Company’s fee income has decreased due to COVID-19. In accordance with regulatory guidelines, the Company is actively working with COVID-19-affected customers to waive fees from a variety of sources, such as, but not limited to, insufficient funds and overdraft fees, ATM fees and account maintenance fees. These reductions in fees are thought, at this time, to be temporary in conjunction with the duration of COVID-19 and the related economic impact. At this time, the Company is unable to project the materiality of the impact, but believes that the economic impact of COVID-19 is likely to impact its fee income in future periods. The Company’s interest income has decreased due to COVID-19. In accordance with regulatory guidelines, the Company is actively working with COVID-19-affected borrowers to defer their payments, interest, and fees. While interest and fees will continue to accrue to income through normal GAAP accounting, should eventual credit losses on these deferred payments emerge, interest income and fees accrued would need to be reversed, which would negatively impact interest income. At this time, the Company is unable to project the materiality of the impact, but believes that the economic impact of COVID-19 may affect its borrowers’ ability to repay in future periods. Capital and liquidity While the Company believes that it has sufficient capital to withstand an extended economic recession brought about by COVID-19, its reported and regulatory capital ratios could be adversely impacted by further credit losses. The Company relies on cash on hand as well as dividends from its subsidiary bank to service its debt. If the Company’s capital deteriorates such that its subsidiary bank is unable to pay dividends to it for an extended period of time, the Company may not be able to service its debt. The Company maintains access to multiple sources of liquidity. Wholesale funding markets have remained open to us, but rates for short term funding have recently been volatile. If funding costs are elevated for an extended period of time, it could have an adverse effect on the Company’s net interest margin. If an extended recession causes a large number of the Company’s deposit customers to withdraw their funds, the Company might become more reliant on volatile or more expensive sources of funding. Asset valuation Goodwill is evaluated for impairment on an annual basis or more frequently if events or circumstances warrant. Our annual assessment occurs during the third calendar quarter. In response to the effects of COVID-19, management determined there to be a triggering event in the third quarter of 2020 warranting a goodwill assessment. For the third quarter 2020 assessment, we performed a step one quantitative assessment to determine if the fair value of our single reporting unit was less than its carrying amount. We concluded that the fair value of our single reporting unit exceeded its carrying amount and no impairment was present based on management’s assessment. We will continue to monitor and assess the impacts of COVID-19 on the Company’s goodwill in the fourth quarter. Currently, the Company does not expect COVID-19 to affect its ability to account timely for the assets on its balance sheet; however, this could change in future periods. While certain valuation assumptions and judgments will change to account for pandemic-related circumstances such as widening credit spreads, the Company does not anticipate significant changes in the methodology used to determine the fair value of assets measured in accordance with GAAP. COVID-19 could cause a further and sustained decline in the Company’s stock price or the occurrence of what management would deem to be an event that could, under certain circumstances, cause us to perform another goodwill impairment test and result in an impairment charge being recorded for that period. In the event that the Company concludes that all or a portion of its goodwill is impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. It is possible that the lingering effects of COVID-19 could cause the occurrence of what management would deem to be an event that could, under certain circumstances, cause us to perform an intangible asset impairment test and result in an impairment charge being recorded for that period. In the event that the Company concludes that all or a portion of its intangible assets are impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. Processes, controls and business continuity plan The Company has invoked its Board-approved Pandemic Preparedness Plan that includes a remote working strategy. The Company does not anticipate incurring additional material cost related to its continued deployment of the remote working strategy. No material operational or internal control challenges or risks have been identified to date. The Company does not anticipate significant challenges to its ability to maintain its systems and controls in light of the measures the Company has taken to prevent the spread of COVID-19. The Company does not currently face any material resource constraint through the implementation of its business continuity plans. Lending operations and accommodations to borrowers As a result of COVID-19, businesses in the Company’s markets have experienced significant operational disruptions. In accordance with regulatory guidelines to work with borrowers during this unprecedented environment, the Company provided certain modifications, including interest only or principal and interest deferments. As of October 30, 2020, total modified loans or loans with requests for modifications were $80.7 million and the Company anticipates minimal additional deferrals in the fourth quarter of 2020. With the passage of the Paycheck Protection Program (“PPP”), administered by the Small Business Administration (“SBA”), the Company is actively assisting its customers with loan applications through the program. PPP loans have a two or five year term and earn interest at 1%. The Company believes that the majority of these loans will ultimately be forgiven by the SBA in accordance with the terms of the program. As of September 30, 2020, the Company had originated 4,343 PPP loans representing $348.0 million to its customers. Loans funded through the PPP program are guaranteed by the SBA and loans that meet certain regulatory criteria are subject to forgiveness. In the event that the PPP loans are not fully guaranteed by the SBA, the Company could be required to establish additional allowance for credit loss through additional credit loss expense charged to earnings. We expect forgiveness of the PPP loans to begin in the fourth quarter of 2020 and continue into 2021. Federal Reserve Paycheck Protection Program Liquidity Facility ​ On April 9, 2020, the Board of Governors of the Federal Reserve issued guidance for banks that wish to participate in the Federal Reserve’s Paycheck Protection Program Liquidity Facility (“PPPLF”). Under the PPPLF, the Federal Reserve Banks will extend funding, on a non-recourse basis, to banks participating in the PPP administered by the SBA, taking PPP loans originated under the PPP as collateral. Credit The Company is working with customers directly affected by COVID-19 and is offering short-term assistance in accordance with regulatory guidelines. As a result of the economic environment caused by the COVID-19 virus, the Company is engaging in more frequent communication with borrowers to better understand their financial situation and the challenges they face, allowing it to respond proactively as needs and issues arise. It is possible that the Company’s asset quality measures could worsen at future measurement periods if the effects of COVID-19 are prolonged. Recent Accounting Pronouncements Adoption of New Accounting Standards: In August 2018, FASB issued ASU 2018-13, Fair Value Measurement (Topic 820) New Accounting Standards Not Yet Adopted: In June 2016 , Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments along with several other subsequent codification updates related to accounting for credit losses, sets forth a “current expected credit loss” ("CECL") model requiring the Company to measure all expected credit losses for financial instruments recorded at amortized cost held at the reporting date. The estimate is to be based on historical experience, current conditions and reasonable and 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. The amendments were effective for the Company beginning January 1, 2020. The Company estimates that the initial adoption of this ASU will result in an increase of approximately $ million in our allowance for loan losses, including transfers of non-accretable discount on loans. The increase is a result of changing from an “incurred loss” model, which encompasses allowances for current known and inherent losses within the portfolio, to an “expected loss” model, which encompasses allowances for losses expected to be incurred over the life of the portfolio. The adoption of this ASU requires that we establish an allowance for expected credit losses for certain debt securities and other financial assets which are not material. In December 2019, FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes (Topic 740) In March 2020, FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) - Facilitation of the Effects of Reference Rate Reform on Financial Reporting ​ In October 2020, FASB issued ASU 2020-08, Codification Improvements to Subtopic 310-20, Receivables - Nonrefundable Fees and Other Costs.

STOCK- BASED COMPENSATION

STOCK- BASED COMPENSATION	9 Months Ended
	Sep. 30, 2020
STOCK- BASED COMPENSATION [Abstract]
STOCK-BASED COMPENSATION	​ ​ 2. STOCK-BASED COMPENSATION 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 incentives 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 and 2010 Plan are no longer awarded. A summary of the activity in the stock option plan during the nine months ended September 30, 2020 follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Weighted ​ Average ​ Aggregate ​ ​ ​ ​ Average ​ Remaining ​ Intrinsic ​ ​ ​ ​ Exercise ​ Contractual ​ Value ​ ​ Shares ​ Price ​ Term ​ (in thousands) Options outstanding, beginning of period 555,750 ​ $ 10.02 4.3 ​ $ 3,518 Forfeited (11,700) ​ ​ 10.91 ​ Exercised (93,250) ​ ​ 7.60 ​ ​ Options outstanding, end of period 450,800 ​ $ 10.50 4.0 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exercisable at end of period 336,540 ​ $ 9.63 3.4 ​ $ — ​ Stock-based compensation expense associated with stock options was $16 thousand and $12 thousand for the three months ended September 30, 2020 and 2019, respectively and $118 thousand and $55 thousand for the nine months ended September 30, 2020 and 2019, respectively. As of September 30, 2020, unrecognized compensation expense associated with stock options was $12 thousand, which is expected to be recognized over a weighted average period of nine months. A summary of the activity in the restricted stock plan during the nine months ended September 30, 2020 follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Weighted ​ Average ​ ​ ​ ​ ​ Average ​ Remaining ​ ​ ​ ​ ​ Exercise ​ Contractual ​ ​ ​ Shares ​ Price ​ Term ​ Unvested restricted stock outstanding, beginning of period 86,500 ​ $ 14.85 3.8 Granted 102,500 ​ 14.56 Vested (91,800) ​ 12.09 Unvested restricted stock outstanding, end of period 97,200 ​ $ 14.20 4.1 ​ ​ Restricted stock compensation expense totaled $76 thousand and $73 thousand for the three months ended September 30, 2020 and 2019, respectively and $1.4 million and $297 thousand for the nine months ended September 30, 2020 and 2019, respectively. As of September 30, 2020, unrecognized compensation expense associated with restricted stock was $1.2 million, which is expected to be recognized over a weighted average period of 4.1

INVESTMENT SECURITIES

INVESTMENT SECURITIES	9 Months Ended
	Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract]
INVESTMENT 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 September 30, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 40,341 ​ $ 1,723 ​ $ — ​ $ 42,064 Obligations of states and political subdivisions ​ 22,332 ​ 917 ​ (116) ​ 23,133 Corporate securities ​ 10,000 ​ 88 ​ — ​ 10,088 Trust preferred securities ​ 2,530 ​ 176 ​ (290) ​ 2,416 Residential government-sponsored collateralized mortgage obligations ​ 33,145 ​ 891 ​ (1) ​ 34,035 Government-sponsored agency securities ​ 5,984 ​ 96 ​ — ​ 6,080 Agency commercial mortgage-backed securities ​ 27,253 ​ 1,140 ​ — ​ 28,393 SBA pool securities ​ 11,766 ​ 84 ​ (163) ​ 11,687 Total ​ $ 153,351 ​ $ 5,115 ​ $ (570) ​ $ 157,896 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Gross Unrealized ​ Fair ​ Cost Gains Losses Value December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 48,540 ​ $ 455 ​ $ (16) ​ $ 48,979 Obligations of states and political subdivisions ​ ​ 17,041 ​ ​ 541 ​ ​ — ​ ​ 17,582 Corporate securities ​ ​ 2,004 ​ ​ 8 ​ ​ — ​ ​ 2,012 Trust preferred securities ​ ​ 2,530 ​ ​ 283 ​ ​ (245) ​ ​ 2,568 Residential government-sponsored collateralized mortgage obligations ​ ​ 36,511 ​ ​ 217 ​ ​ (39) ​ ​ 36,689 Government-sponsored agency securities ​ ​ 14,823 ​ ​ 47 ​ ​ (48) ​ ​ 14,822 Agency commercial mortgage-backed securities ​ ​ 27,557 ​ ​ 192 ​ ​ (18) ​ ​ 27,731 SBA pool securities ​ ​ 14,622 ​ ​ 11 ​ ​ (196) ​ ​ 14,437 Total ​ $ 163,628 ​ $ 1,754 ​ $ (562) ​ $ 164,820 ​ The amortized cost, gross 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 September 30, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 29,831 ​ $ 807 ​ $ (2) ​ $ 30,636 Obligations of states and political subdivisions ​ 11,256 ​ 207 ​ — ​ 11,463 Trust preferred securities ​ 1,784 ​ — ​ (12) ​ 1,772 Residential government-sponsored collateralized mortgage obligations ​ 1,452 ​ 45 ​ — ​ 1,497 Government-sponsored agency securities ​ 5,000 ​ 183 ​ — ​ 5,183 Total ​ $ 49,323 ​ $ 1,242 ​ $ (14) ​ $ 50,551 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Gross Unrecognized ​ Fair ​ Cost Gains Losses ​ Value December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 22,925 ​ $ 62 ​ $ (52) ​ $ 22,935 Obligations of states and political subdivisions ​ 15,071 ​ 165 ​ (1) ​ 15,235 Trust preferred securities ​ 1,938 ​ 99 ​ (2) ​ 2,035 Residential government-sponsored collateralized mortgage obligations ​ 3,128 ​ 10 ​ (9) ​ 3,129 Government-sponsored agency securities ​ 29,386 ​ 108 ​ (162) ​ 29,332 Total ​ $ 72,448 ​ $ 444 ​ $ (226) ​ $ 72,666 ​ During the three and nine months ended September 30, 2020, $14.3 million and $29.3 million, respectively, of available for sale investment securities were purchased. During the nine months ended September 30, 2020, $15.2 million of held to maturity investment securities were purchased. No held to maturity investment securities were purchased during the three months ended September 30, 2020. During the three and nine months ended September 30, 2019, $10.0 million and $35.1 million, respectively, of available for sale investment securities were purchased. Held to maturity investment securities of $10.2 million were purchased during the three and nine months ended September 30, 2019. No investment securities were sold during the three and nine months ended September 30, 2020 and 2019. The fair value and carrying amount, if different, of debt investment securities as of September 30, 2020, 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 ​ $ 2,559 ​ $ 2,666 ​ $ 3,410 ​ $ 3,527 Due in five to ten years ​ 16,095 ​ 16,616 ​ 2,685 ​ 2,738 Due after ten years ​ 22,192 ​ 22,435 ​ 11,945 ​ 12,153 Residential government-sponsored mortgage-backed securities ​ 40,341 ​ 42,064 ​ 29,831 ​ 30,636 Residential government-sponsored collateralized mortgage obligations ​ 33,145 ​ 34,035 ​ 1,452 ​ 1,497 Agency commercial mortgage-backed securities ​ 27,253 ​ 28,393 ​ — ​ — SBA pool securities ​ 11,766 ​ 11,687 ​ — ​ — Total ​ $ 153,351 ​ $ 157,896 ​ $ 49,323 ​ $ 50,551 ​ Investment securities with a carrying amount of approximately $101.3 million and $120.5 million at September 30, 2020 and December 31, 2019, 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 its securities portfolio for indicators of other than temporary impairment. At September 30, 2020 and December 31, 2019, certain investment securities’ fair values were below cost. As outlined in the tables below, there were investment securities with fair values totaling approximately $17.7 million in the portfolio with the carrying value exceeding the estimated fair value that were considered temporarily impaired at September 30, 2020. 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 September 30, 2020. The following tables present information regarding investment securities available for sale and held to maturity in a continuous unrealized loss position as of September 30, 2020 and December 31, 2019 by duration of time in a loss position (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ Less than 12 months ​ 12 Months or More ​ Total ​ Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale ​ value ​ Losses ​ value ​ Losses ​ value ​ Losses Obligations of states and political subdivisions ​ $ 6,076 ​ $ (116) ​ $ — ​ $ — ​ $ 6,076 ​ $ (116) Trust preferred securities ​ ​ — ​ ​ — ​ ​ 750 ​ ​ (290) ​ ​ 750 ​ ​ (290) Residential government-sponsored collateralized mortgage obligations ​ ​ 310 ​ ​ (1) ​ ​ — ​ ​ — ​ ​ 310 ​ ​ (1) SBA pool securities ​ — ​ — ​ 8,357 ​ (163) ​ 8,357 ​ (163) Total ​ $ 6,386 ​ $ (117) ​ $ 9,107 ​ $ (453) ​ $ 15,493 ​ $ (570) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ 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 ​ $ 336 ​ $ (1) ​ $ 146 ​ $ (1) ​ $ 482 ​ $ (2) Trust preferred securities ​ 1,743 ​ (10) ​ 29 ​ (2) ​ 1,772 ​ (12) Total ​ $ 2,079 ​ $ (11) ​ $ 175 ​ $ (3) ​ $ 2,254 ​ $ (14) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 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 ​ $ 2,686 ​ $ (7) ​ $ 1,758 ​ $ (9) ​ $ 4,444 ​ $ (16) Trust preferred securities ​ — ​ — ​ 795 ​ (245) ​ 795 ​ (245) Residential government-sponsored collateralized mortgage obligations ​ ​ 4,253 ​ (25) ​ 3,133 ​ (14) ​ 7,386 ​ (39) Government-sponsored agency securities ​ ​ 4,924 ​ (48) ​ — ​ — ​ 4,924 ​ (48) Agency commercial mortgage-backed securities ​ ​ 2,833 ​ (6) ​ 3,126 ​ (12) ​ 5,959 ​ (18) SBA pool securities ​ ​ 1,148 ​ (2) ​ 9,420 ​ (194) ​ 10,568 ​ (196) Total ​ $ 15,844 ​ $ (88) ​ $ 18,232 ​ $ (474) ​ $ 34,076 ​ $ (562) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 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 ​ $ 14,978 ​ $ (41) ​ $ 1,402 ​ $ (11) ​ $ 16,380 ​ $ (52) Obligations of states and political subdivisions ​ 2,011 ​ (1) ​ — ​ — ​ 2,011 ​ (1) Trust preferred securities ​ — ​ — ​ 53 ​ (2) ​ 53 ​ (2) Residential government-sponsored collateralized mortgage obligations ​ 1,162 ​ (3) ​ 571 ​ (6) ​ 1,733 ​ (9) Government-sponsored agency securities ​ — ​ — ​ 20,833 ​ (162) ​ 20,833 ​ (162) Total ​ $ 18,151 ​ $ (45) ​ $ 22,859 ​ $ (181) ​ $ 41,010 ​ $ (226) ​ As of September 30, 2020, we owned pooled trust preferred investment securities as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ % 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 Aa1 AA ​ $ 1,874 ​ $ 1,754 ​ $ 1,743 17 % $ 219 MMCF III B ​ Senior Sub A3 A- Ba1 WD ​ ​ 31 ​ ​ 30 ​ ​ 29 ​ 48 % ​ 4 ​ ​ $ 1,905 ​ $ 1,784 ​ $ 1,772 ​ $ 223 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available for Sale ​ ​ ​ ​ Cumulative OTTI Other Than ​ ​ ​ ​ Related to Temporarily Impaired: ​ ​ ​ ​ Credit Loss (2) TPREF FUNDING II Mezzanine A1 A- Caa3 WD ​ $ 1,500 ​ $ 1,040 ​ $ 750 32 % $ 400 ALESCO V C1 Mezzanine A2 A Caa1 C ​ 2,150 ​ ​ 1,490 ​ ​ 1,666 15 % 660 ​ ​ $ 3,650 ​ $ 2,530 ​ $ 2,416 ​ $ 1,060 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 5,555 ​ $ 4,314 ​ $ 4,188 ​ (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. There have been no changes to our cash flow analyses and assumptions as of September 30, 2020. There were no other than temporary impairment charges related to credit losses or sales of these securities during the three and nine months ended September 30, 2020 and 2019. ​ Changes in accumulated other comprehensive income (loss) by component for the three and nine months ended September 30, 2020 and 2019 are shown in the tables below. All amounts are net of tax (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Holding ​ ​ ​ ​ ​ ​ ​ ​ Gains on ​ Held to Maturity ​ ​ ​ For the three months ended September 30, 2020 Available for Sale Securities Total Beginning balance ​ $ 3,573 ​ $ (154) ​ $ 3,419 Current period other comprehensive income ​ 19 ​ 2 ​ 21 Ending balance ​ $ 3,592 ​ $ (152) ​ $ 3,440 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Holding ​ ​ ​ ​ ​ ​ ​ ​ Gains on ​ Held to Maturity ​ ​ ​ For the three months ended September 30, 2019 ​ Available for Sale ​ Securities ​ Total Beginning balance ​ $ 684 ​ $ (165) ​ $ 519 Current period other comprehensive income ​ 585 ​ 2 ​ 587 Ending balance ​ $ 1,269 ​ $ (163) ​ $ 1,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Holding ​ ​ ​ ​ ​ ​ ​ ​ Gains on ​ Held to Maturity ​ ​ ​ For the nine months ended September 30, 2020 ​ Available for Sale ​ Securities ​ Total Beginning balance ​ $ 943 ​ $ (160) ​ $ 783 Current period other comprehensive income ​ 2,649 ​ 8 ​ 2,657 Ending balance ​ $ 3,592 ​ $ (152) ​ $ 3,440 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Holding ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) on ​ Held to Maturity ​ ​ ​ For the nine months ended September 30, 2019 ​ Available for Sale ​ Securities ​ Total Beginning balance ​ $ (2,419) ​ $ (170) ​ $ (2,589) Current period other comprehensive income ​ 3,688 ​ 7 ​ 3,695 Ending balance ​ $ 1,269 ​ $ (163) ​ $ 1,106 ​

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	9 Months Ended
	Sep. 30, 2020
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 September 30, 2020 and December 31, 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 December 31, 2019 Loans secured by real estate: ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 416,717 ​ $ 414,479 Commercial real estate - non-owner occupied ​ 605,053 ​ 559,195 Secured by farmland ​ 16,608 ​ 17,622 Construction and land loans ​ 120,066 ​ 150,750 Residential 1-4 family (1) ​ 581,237 ​ 604,777 Multi- family residential ​ 107,672 ​ 82,055 Home equity lines of credit (1) ​ 97,727 ​ 109,006 Total real estate loans ​ 1,945,080 ​ 1,937,884 ​ ​ ​ ​ ​ ​ ​ Commercial loans ​ 216,711 ​ 221,447 Paycheck Protection Program Loans ​ ​ 348,022 ​ ​ — Consumer loans ​ 23,078 ​ 26,304 Subtotal ​ 2,532,891 ​ 2,185,635 Plus (less) deferred costs (fees) on loans ​ (9,182) ​ 412 Total loans ​ $ 2,523,709 ​ $ 2,186,047 (1) Included $13.5 million of loans as of December 31, 2019, acquired in the Greater Atlantic Bank (“GAB”) transaction covered under an FDIC loss-share agreement. The loss-share agreement covering single family loans expired on December 31, 2019. ​ 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 Company’s consolidated financial results. Accretable discount on the acquired loans totaled $8.5 million and $11.2 million at September 30, 2020 and December 31, 2019, respectively. Accretion associated with the acquired loans held for investment of $1.1 million and $901 thousand was recognized during the three months ended September 30, 2020 and 2019, respectively, and $3.6 million and $2.7 million was recognized during the nine months ended September 30, 2020 and 2019, respectively. Impaired loans for the portfolio were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ ​ Unpaid ​ ​ ​ ​ Recorded ​ Principal ​ Related September 30, 2020 ​ Investment (1) ​ Balance ​ Allowance With no related allowance recorded ​ ​ ​ Commercial real estate - owner occupied ​ $ 10,192 ​ $ 11,632 ​ $ — Commercial real estate - non-owner occupied (2) ​ 7,009 ​ 7,103 ​ — Construction and land development ​ 1,749 ​ 1,818 ​ — Commercial loans ​ 5,006 ​ 6,264 ​ — Paycheck Protection Program Loans ​ ​ — ​ ​ — ​ ​ — Residential 1-4 family (3) ​ 5,929 ​ 6,958 ​ — Other consumer loans ​ 18 ​ 18 ​ — Total ​ $ 29,903 ​ $ 33,793 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ With an allowance recorded ​ ​ ​ Commercial real estate - owner occupied ​ $ — ​ $ — ​ $ — Commercial real estate - non-owner occupied (2) ​ — ​ — ​ — Construction and land development ​ — ​ — ​ — Commercial loans ​ 2,292 ​ ​ 2,304 ​ ​ 1,080 Paycheck Protection Program Loans ​ ​ — ​ ​ — ​ ​ — Residential 1-4 family (3) ​ — ​ ​ — ​ ​ — Other consumer loans ​ — ​ ​ — ​ ​ — Total ​ $ 2,292 ​ $ 2,304 ​ $ 1,080 Grand total ​ $ 32,195 ​ $ 36,097 ​ $ 1,080 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ ​ Unpaid ​ ​ ​ ​ Recorded ​ Principal ​ Related December 31, 2019 ​ Investment (1) ​ Balance ​ Allowance With no related allowance recorded ​ ​ ​ Commercial real estate - owner occupied ​ $ 6,890 ​ $ 8,530 ​ $ — Commercial real estate - non-owner occupied (2) ​ 3,120 ​ 3,363 ​ — Construction and land development ​ 345 ​ 747 ​ — Commercial loans ​ 5,049 ​ 8,490 ​ — Residential 1-4 family (3) ​ 1,021 ​ 2,719 ​ — Other consumer loans ​ — ​ — ​ — Total ​ $ 16,425 ​ $ 23,849 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ With an allowance recorded ​ ​ ​ Commercial real estate - owner occupied ​ $ — ​ $ — ​ $ — Commercial real estate - non-owner occupied (2) ​ 176 ​ 281 ​ 1 Construction and land development ​ — ​ — ​ — Commercial loans ​ 2,498 ​ ​ 2,533 ​ ​ 957 Residential 1-4 family (3) ​ 2,841 ​ ​ 3,243 ​ ​ 92 Other consumer loans ​ 39 ​ 39 ​ 1 Total ​ $ 5,554 ​ $ 6,096 ​ $ 1,051 Grand total ​ $ 21,979 ​ $ 29,945 ​ $ 1,051 (1) Recorded investment is after cumulative prior charge offs of $1.8 million and $1.5 million as of September 30, 2020 and December 31, 2019, respectively. These loans also have aggregate SBA guarantees of $0.2 million and $4.4 million as of September 30, 2020 and December 31, 2019, respectively. (2) Includes loans secured by farmland and multi-family residential loans. (3) Includes home equity lines of credit. The following tables present the average recorded investment and interest income (loss) recognized for impaired loans recognized by class of loans for the three months ended September 30, 2020 and 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ Average ​ Interest ​ Recorded Income Three Months Ended September 30, 2020 ​ Investment ​ Recognized With no related allowance recorded ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 11,441 $ 109 Commercial real estate - non-owner occupied (1) ​ 7,011 16 Construction and land development ​ 1,754 42 Commercial loans ​ 7,303 30 Paycheck Protection Program Loans ​ ​ — ​ ​ — Residential 1-4 family (2) ​ 6,554 55 Other consumer loans ​ 19 — Total ​ $ 34,082 $ 252 With an allowance recorded ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ — $ — Commercial real estate - non-owner occupied (1) ​ — — Construction and land development ​ — — Commercial loans ​ 2,394 — Paycheck Protection Program Loans ​ ​ — ​ ​ — Residential 1-4 family (2) ​ — — Other consumer loans ​ — — Total ​ $ 2,394 $ — Grand total ​ $ 36,476 $ 252 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ Average ​ Interest ​ Recorded Income (loss) Three Months Ended September 30, 2019 ​ Investment ​ Recognized With no related allowance recorded ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 4,562 $ 69 Commercial real estate - non-owner occupied (1) ​ 4,718 69 Construction and land development ​ 379 15 Commercial loans ​ 5,552 54 Residential 1-4 family (2) ​ 1,645 41 Other consumer loans ​ — — Total ​ $ 16,856 $ 248 With an allowance recorded ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ — $ — Commercial real estate - non-owner occupied (1) ​ — — Construction and land development ​ — — Commercial loans ​ 2,760 48 Residential 1-4 family (2) ​ 345 (13) Other consumer loans ​ — — Total ​ $ 3,105 $ 35 Grand total ​ $ 19,961 $ 283 ________________________________________ (1) Includes loans secured by farmland and multi-family residential loans. (2) 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 nine months ended September 30, 2020 and 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ Average ​ Interest ​ ​ Recorded ​ Income Nine Months Ended September 30, 2020 Investment Recognized With no related allowance recorded ​ ​ Commercial real estate - owner occupied ​ $ 11,757 ​ $ 345 Commercial real estate - non-owner occupied (1) ​ 7,111 ​ 113 Construction and land development ​ 1,826 ​ 46 Commercial loans ​ 6,406 ​ 126 Paycheck Protection Program Loans ​ ​ — ​ ​ — Residential 1-4 family (2) ​ 6,983 ​ 115 Other consumer loans ​ 19 ​ — Total ​ $ 34,102 ​ $ 745 With an allowance recorded ​ ​ Commercial real estate - owner occupied ​ $ — ​ $ — Commercial real estate - non-owner occupied (1) ​ — ​ — Construction and land development ​ — ​ — Commercial loans ​ 2,456 ​ ​ 1 Paycheck Protection Program Loans ​ ​ — ​ ​ — Residential 1-4 family (2) ​ — ​ ​ ​ Other consumer loans ​ — ​ — Total ​ $ 2,456 ​ $ 1 Grand total ​ $ 36,558 ​ $ 746 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ Average ​ Interest ​ ​ Recorded ​ Income Nine Months Ended September 30, 2019 Investment Recognized With no related allowance recorded ​ ​ Commercial real estate - owner occupied ​ $ 4,612 ​ $ 227 Commercial real estate - non-owner occupied (1) ​ 4,774 ​ 206 Construction and land development ​ 396 ​ 43 Commercial loans ​ 5,604 ​ 163 Residential 1-4 family (2) ​ 1,665 ​ 148 Other consumer loans ​ — ​ — Total ​ $ 17,051 ​ $ 787 With an allowance recorded ​ ​ Commercial real estate - owner occupied ​ $ — ​ $ — Commercial real estate - non-owner occupied (1) ​ — ​ — Construction and land development ​ — ​ — Commercial loans ​ 2,799 ​ 147 Residential 1-4 family (2) ​ 345 ​ 25 Other consumer loans ​ — ​ — Total ​ $ 3,144 ​ $ 172 Grand total ​ $ 20,195 ​ $ 959 ________________________________________ (1) (2) ​ The following tables present the aging of the recorded investment in past due loans by class of loans as of September 30, 2020 and December 31, 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 - 59 60 - 89 90 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Days ​ Days ​ Days ​ Total ​ Nonaccrual ​ Loans Not ​ Total September 30, 2020 ​ Past Due ​ Past Due ​ or More ​ Past Due ​ Loans (3) ​ Past Due ​ Loans (4) Total loans: ​ ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 370 ​ $ — ​ $ — ​ $ 370 ​ $ 2,788 ​ $ 413,559 ​ $ 416,717 Commercial real estate - non-owner occupied (1) ​ 443 ​ — ​ — ​ 443 ​ 1,537 ​ 727,353 ​ 729,333 Construction and land development ​ 40 ​ — ​ — ​ 40 ​ 1,690 ​ 118,336 ​ 120,066 Commercial loans ​ 73 ​ 3 ​ — ​ 76 ​ 5,416 ​ 211,219 ​ 216,711 Paycheck Protection Program Loans ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 348,022 ​ ​ 348,022 Residential 1-4 family (2) ​ 1,211 ​ 372 ​ — ​ 1,583 ​ 3,839 ​ 673,542 ​ 678,964 Other consumer loans ​ 108 ​ 1 ​ — ​ 109 ​ — ​ 22,969 ​ 23,078 Total ​ $ 2,245 ​ $ 376 ​ $ — ​ $ 2,621 ​ $ 15,270 ​ $ 2,515,000 ​ $ 2,532,891 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 - 59 60 - 89 90 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Days ​ Days ​ Days ​ Total ​ Nonaccrual ​ Loans Not ​ Total December 31, 2019 ​ Past Due ​ Past Due ​ or More ​ Past Due ​ Loans (3) ​ Past Due ​ Loans Total loans: ​ ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 813 ​ $ — ​ $ — ​ $ 813 ​ $ — ​ $ 413,666 ​ $ 414,479 Commercial real estate - non-owner occupied (1) ​ 936 ​ — ​ — ​ 936 ​ — ​ 657,936 ​ 658,872 Construction and land development ​ 746 ​ 275 ​ — ​ 1,021 ​ — ​ 149,729 ​ 150,750 Commercial loans ​ 234 ​ 62 ​ — ​ 296 ​ 6,337 ​ 214,814 ​ 221,447 Residential 1-4 family (2) ​ 4,060 ​ — ​ — ​ 4,060 ​ 2,524 ​ 707,199 ​ 713,783 Other consumer loans ​ 107 ​ — ​ — ​ 107 ​ 39 ​ 26,158 ​ 26,304 Total ​ $ 6,896 ​ $ 337 ​ $ — ​ $ 7,233 ​ $ 8,900 ​ $ 2,169,502 ​ $ 2,185,635 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. (3) Nonaccrual loans include SBA guaranteed amounts totaling $4.1 million at September 30, 2020 and December 31, 2019. (4) Includes $80.7 million of loans that were subject to deferrals at October 30, 2020. ​ Activity in the allowance for loan and lease losses by class of loan for the three months ended September 30, 2020 and 2019 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 September 30, 2020 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,558 ​ $ 8,378 ​ $ 717 ​ $ 5,490 ​ $ 3,854 ​ $ 903 ​ $ 727 ​ $ 23,627 Provision (recovery) ​ ​ 1,480 ​ ​ 330 ​ ​ 7 ​ ​ 909 ​ ​ (589) ​ ​ (59) ​ ​ (78) ​ ​ 2,000 Charge offs ​ — ​ — ​ — ​ (12) ​ (47) ​ (27) ​ — ​ (86) Recoveries ​ — ​ 4 ​ — ​ — ​ 225 ​ 9 ​ — ​ 238 Ending balance ​ $ 5,038 ​ $ 8,712 ​ $ 724 ​ $ 6,387 ​ $ 3,443 ​ $ 826 ​ $ 649 ​ $ 25,779 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 833 ​ $ 1,890 ​ $ 802 ​ $ 5,834 ​ $ 1,127 ​ $ 273 ​ $ 854 ​ $ 11,613 Provision (recovery) ​ (113) ​ (281) ​ 16 ​ 133 ​ 347 ​ 11 ​ 37 ​ 150 Charge offs ​ — ​ (1) ​ — ​ (266) ​ (315) ​ (65) ​ — ​ (647) Recoveries ​ (1) ​ 4 ​ — ​ 65 ​ 8 ​ 9 ​ — ​ 85 Ending balance ​ $ 719 ​ $ 1,612 ​ $ 818 ​ $ 5,766 ​ $ 1,167 ​ $ 228 ​ $ 891 ​ $ 11,201 ​ Activity in the allowance for loan and lease losses by class of loan for the nine months ended September 30, 2020 and 2019 is summarized below (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial Commercial ​ ​ ​ ​ ​ ​ ​ ​ Real Estate ​ Real Estate ​ Construction ​ ​ ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ ​ ​ Owner ​ Non-owner ​ and Land ​ Commercial ​ 1-4 Family ​ Consumer ​ ​ ​ ​ Nine Months Ended September 30, 2020 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 810 ​ $ 1,720 ​ $ 683 ​ $ 5,418 ​ $ 1,266 ​ $ 190 ​ $ 174 ​ $ 10,261 Provision for non-purchased loans ​ 4,223 ​ 6,983 ​ 41 ​ 1,574 ​ 2,208 ​ 701 ​ 475 ​ 16,205 Provision for purchase credit impaired loans ​ ​ — ​ ​ — ​ ​ — ​ ​ 144 ​ ​ — ​ ​ — ​ ​ — ​ ​ 144 Provision ​ ​ 4,223 ​ ​ 6,983 ​ ​ 41 ​ ​ 1,718 ​ ​ 2,208 ​ ​ 701 ​ ​ 475 ​ ​ 16,349 Charge offs ​ — ​ — ​ — ​ (834) ​ (292) ​ (92) ​ — ​ (1,218) Recoveries ​ 5 ​ 9 ​ — ​ 85 ​ 261 ​ 27 ​ — ​ 387 Ending balance ​ $ 5,038 ​ $ 8,712 ​ $ 724 ​ $ 6,387 ​ $ 3,443 ​ $ 826 ​ $ 649 ​ $ 25,779 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 802 ​ $ 1,669 ​ $ 821 ​ $ 7,097 ​ $ 1,106 ​ $ 224 ​ $ 564 ​ $ 12,283 Provision (recovery) ​ ​ 497 ​ ​ 399 ​ ​ (3) ​ ​ (1,235) ​ ​ 166 ​ ​ 199 ​ ​ 327 ​ ​ 350 Charge offs ​ (782) ​ (463) ​ — ​ (433) ​ (405) ​ (221) ​ — ​ (2,304) Recoveries ​ 202 ​ 7 ​ — ​ 337 ​ 300 ​ 26 ​ — ​ 872 Ending balance ​ $ 719 ​ $ 1,612 ​ $ 818 ​ $ 5,766 ​ $ 1,167 ​ $ 228 ​ $ 891 ​ $ 11,201 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. ​ No allowance for credit losses has been recognized for PPP loans as these loans are fully guaranteed by the SBA. ​ ​ The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method as of September 30, 2020 and the balance in the allowance for loan losses and the recorded investment in non-covered loans by portfolio segment and based on the impairment method as of December 31, 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real Estate ​ Real Estate ​ Construction ​ ​ ​ ​ ​ Paycheck ​ ​ ​ ​ Other ​ ​ ​ ​ ​ ​ ​ Owner ​ Non-owner ​ and Land ​ Commercial ​ Protection ​ 1-4 Family ​ Consumer ​ ​ ​ ​ ​ September 30, 2020 ​ Occupied ​ Occupied (1) ​ Development ​ Loans ​ Program ​ Residential (2) ​ Loans ​ Unallocated ​ Total Ending allowance balance attributable to loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ — ​ $ — ​ $ 1,080 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 1,080 Collectively evaluated for impairment ​ 5,038 ​ 8,712 ​ 724 ​ 5,307 ​ — ​ 3,443 ​ 826 ​ 649 ​ 24,699 Total ending allowance ​ $ 5,038 ​ $ 8,712 ​ $ 724 ​ $ 6,387 ​ $ — ​ $ 3,443 ​ $ 826 ​ $ 649 ​ $ 25,779 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 10,192 ​ $ 7,009 ​ $ 1,749 ​ $ 7,298 ​ $ — ​ $ 5,929 ​ $ 18 ​ $ — ​ $ 32,195 Collectively evaluated for impairment ​ 406,525 ​ 722,324 ​ 118,317 ​ 209,413 ​ 348,022 ​ 673,035 ​ 23,060 ​ — ​ 2,500,696 Total ending loan balances ​ $ 416,717 ​ $ 729,333 ​ $ 120,066 ​ $ 216,711 ​ $ 348,022 ​ $ 678,964 ​ $ 23,078 ​ $ — ​ $ 2,532,891 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ Ending allowance balance attributable to loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ — ​ $ — ​ $ 957 ​ $ — ​ $ 85 ​ $ — ​ $ — ​ $ 1,042 Collectively evaluated for impairment ​ 810 ​ 1,720 ​ 683 ​ 4,461 ​ — ​ 1,181 ​ 190 ​ 174 ​ 9,219 Total ending allowance ​ $ 810 ​ $ 1,720 ​ $ 683 ​ $ 5,418 ​ $ — ​ $ 1,266 ​ $ 190 ​ $ 174 ​ $ 10,261 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ 6,890 ​ $ 3,120 ​ $ 345 ​ $ 7,544 ​ $ — ​ $ 1,443 ​ $ — ​ $ — ​ $ 19,342 Collectively evaluated for impairment ​ 407,589 ​ 655,752 ​ 150,405 ​ 213,903 ​ — ​ 712,340 ​ 26,304 ​ — ​ 2,166,293 Total ending loan balances ​ $ 414,479 ​ $ 658,872 ​ $ 150,750 ​ $ 221,447 ​ $ — ​ $ 713,783 ​ $ 26,304 ​ $ — ​ $ 2,185,635 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. ​ Troubled Debt Restructurings A modification is classified as a 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 rates 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. For the CARES Act provisions regarding TDR accounting suspension, refer to note 1 in our consolidated financial statements. There were eight TDRs in the amount of $1.6 million as of September 30, 2020 primarily due to the economic impact of COVID-19. There have been no defaults of TDRs modified during the past twelve months. 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 September 30, 2020 or December 31, 2019. As of September 30, 2020 and December 31, 2019, 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 ​ ​ ​ ​ ​ September 30, 2020 ​ Mention ​ Substandard (3) ​ Pass ​ Total Commercial real estate - owner occupied ​ $ 7,665 ​ $ 6,962 ​ $ 402,090 ​ $ 416,717 Commercial real estate - non-owner occupied (1) ​ 3,470 ​ 4,651 ​ 721,212 ​ 729,333 Construction and land development ​ — ​ 1,690 ​ 118,376 ​ 120,066 Commercial loans ​ 2,338 ​ 4,182 ​ 210,191 ​ 216,711 Paycheck Protection Program Loans ​ ​ — ​ ​ — ​ ​ 348,022 ​ ​ 348,022 Residential 1-4 family (2) ​ 580 ​ 1,818 ​ 676,566 ​ 678,964 Other consumer loans ​ 115 ​ — ​ 22,963 ​ 23,078 Total ​ $ 14,168 ​ $ 19,303 ​ $ 2,499,420 ​ $ 2,532,891 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ Special ​ ​ ​ ​ ​ December 31, 2019 ​ Mention ​ Substandard (3) ​ Pass ​ Total Commercial real estate - owner occupied ​ $ 3,821 ​ $ 3,975 ​ $ 406,683 ​ $ 414,479 Commercial real estate - non-owner occupied (1) ​ 4,193 ​ 176 ​ 654,503 ​ 658,872 Construction and land development ​ — ​ 690 ​ 150,060 ​ 150,750 Commercial loans ​ 3,432 ​ 4,462 ​ 213,553 ​ 221,447 Residential 1-4 family (2) ​ 666 ​ 1,194 ​ 711,923 ​ 713,783 Other consumer loans ​ 122 ​ — ​ 26,182 ​ 26,304 Total ​ $ 12,234 ​ $ 10,497 ​ $ 2,162,904 ​ $ 2,185,635 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. (3) Includes SBA guarantees of $0.2 million and $4.1 million as of September 30, 2020 and December 31, 2019, respectively. ​ The amount of foreclosed residential real estate property held at September 30, 2020 and December 31, 2019 was $1.3 million and $1.4 million, respectively. The recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure was $1.7 million and $1.9 million at September 30, 2020 and December 31, 2019, respectively.

LEASES

LEASES	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
LEASES	5. LEASES The Company leases certain premises and equipment under operating leases. In recognizing lease right-of-use assets and related liabilities, we account for lease and non-lease components (such as taxes, insurance, and common area maintenance costs) separately as such amounts are generally readily determinable under our lease contracts. At September 30, 2020 and December 31, 2019, the Company had operating lease liabilities totaling $7.8 million and $8.5 million, respectively, and right-of-use assets totaling $7.0 million and $8.0 million, respectively, 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 September 30, 2020 and 2019, our net operating lease cost was $609 thousand and $625 thousand, respectively, and for the nine months ended September 30, 2020 and 2019, our net operating lease cost was $2.3 million and $1.9 million, respectively, and were reflected in occupancy expenses on our income statements. The following table presents supplemental cash flow and other information related to our operating leases: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Nine Months Ended ​ (in thousands except for percent and period data) ​ September 30, 2020 ​ ​ September 30, 2019 ​ Supplemental cash flow information: ​ ​ ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of lease liabilities ​ $ 3,724 ​ ​ $ 3,682 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other information: ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average remaining lease term - operating leases, in years ​ ​ 5.3 ​ ​ ​ 5.9 ​ Weighted-average discount rate - operating leases ​ 2.6 % ​ 2.8 % ​ ​ The following table summarizes the maturity of remaining lease liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of (dollars in thousands) ​ September 30, 2020 Lease payments due: ​ ​ ​ Less than one year ​ $ 2,125 One to three years ​ ​ 3,456 Three to five years ​ ​ 1,411 More than five years ​ 1,449 Total lease payments ​ ​ 8,441 Less: imputed interest ​ ​ (641) Lease liabilities ​ $ 7,800 ​ As of September 30, 2020, the Company did not have any operating leases that have not yet commenced that will create additional lease liabilities and right-of-use assets for the Company.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2020
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	6. COMMITMENTS AND CONTINGENCIES 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 $13.7 million and $17.7 million as of September 30, 2020 and December 31, 2019, respectively. 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 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 September 30, 2020 and December 31, 2019, we had unfunded lines of credit and undisbursed construction loan funds totaling $348.5 million and $324.8 million, respectively. Virtually all of our unfunded lines of credit and undisbursed construction loan funds are variable rate.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2020
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 September 30, 2020 ​ ​ Basic EPS ​ $ 9,588 24,270 ​ $ 0.40 Effect of dilutive stock options and unvested restricted stock ​ — 105 ​ (0.01) Diluted EPS ​ $ 9,588 24,375 ​ $ 0.39 ​ ​ ​ ​ ​ ​ ​ ​ ​ For the three months ended September 30, 2019 ​ ​ Basic EPS ​ $ 8,864 24,072 ​ $ 0.37 Effect of dilutive stock options and unvested restricted stock ​ — 302 ​ (0.01) Diluted EPS ​ $ 8,864 24,374 ​ $ 0.36 ​ ​ ​ For the nine months ended September 30, 2020 ​ ​ Basic EPS ​ $ 14,324 24,229 ​ $ 0.59 Effect of dilutive stock options and unvested restricted stock ​ — 121 ​ — Diluted EPS ​ $ 14,324 24,350 ​ $ 0.59 ​ ​ ​ ​ ​ ​ ​ ​ ​ For the nine months ended September 30, 2019 ​ ​ Basic EPS ​ $ 24,203 24,036 ​ $ 1.01 Effect of dilutive stock options and unvested restricted stock ​ — 299 ​ (0.02) Diluted EPS ​ $ 24,203 24,335 ​ $ 0.99 ​ The Company did not have any anti-dilutive options as of September 30, 2020 and 2019.

FAIR VALUE

FAIR VALUE	9 Months Ended
	Sep. 30, 2020
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) September 30, 2020 (Level 1) (Level 2) (Level 3) Available for sale securities ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 42,064 ​ $ — ​ $ 42,064 ​ $ — Obligations of states and political subdivisions ​ 23,133 ​ — ​ 23,133 ​ — Corporate securities ​ 10,088 ​ — ​ 9,088 ​ 1,000 Trust preferred securities ​ 2,416 ​ — ​ 2,416 ​ — Residential government-sponsored collateralized mortgage obligations ​ 34,035 ​ — ​ 34,035 ​ — Government-sponsored agency securities ​ 6,080 ​ — ​ 6,080 ​ — Agency commercial mortgage-backed securities ​ 28,393 ​ — ​ 28,393 ​ — SBA pool securities ​ 11,687 ​ — ​ 11,687 ​ — Total ​ $ 157,896 ​ $ — ​ $ 156,896 ​ $ 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, 2019 (Level 1) (Level 2) (Level 3) Available for sale securities ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 48,979 ​ $ — ​ $ 48,979 ​ $ — Obligations of states and political subdivisions ​ ​ 17,582 ​ ​ — ​ ​ 17,582 ​ ​ — Corporate securities ​ ​ 2,012 ​ ​ — ​ ​ 1,012 ​ ​ 1,000 Trust preferred securities ​ 2,568 ​ — ​ 2,568 ​ — Residential government-sponsored collateralized mortgage obligations ​ ​ 36,689 ​ ​ — ​ ​ 36,689 ​ ​ — Government-sponsored agency securities ​ ​ 14,822 ​ ​ — ​ ​ 14,822 ​ ​ — Agency commercial mortgage-backed securities ​ ​ 27,731 ​ ​ — ​ ​ 27,731 ​ ​ — SBA pool securities ​ ​ 14,437 ​ ​ — ​ ​ 14,437 ​ ​ — Total ​ $ 164,820 ​ $ — ​ $ 163,820 ​ $ 1,000 ​ No corporate securities that are classified as Level 3 above were purchased or sold during 2020 or 2019. These corporate securities did not have a material impact on the income statement for the three and nine months ended September 30, 2020 and 2019. 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 5% to 10% of collateral valuation at September 30, 2020 and December 31, 2019. Fair value is classified as Level 3 in the fair value hierarchy. Loans identified as impaired totaled $32.2 million (including SBA guarantees of $0.2 million) as of September 30, 2020, with $1.1 million allocation made to the allowance for loan losses compared to a carrying amount of $22.0 million (including SBA guarantees of $4.4 million) with $1.1 million allocation made to the allowance for loan losses at December 31, 2019. 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% to 10% of collateral valuation at September 30, 2020 and December 31, 2019. Fair value is classified as Level 3 in the fair value hierarchy. OREO is further evaluated quarterly for any additional impairment. At September 30, 2020 and December 31, 2019, the total amount of OREO was $5.4 million and $6.2 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) September 30, 2020 (Level 1) (Level 2) (Level 3) Impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 10,192 ​ $ — ​ $ — $ 10,192 Commercial real estate - non-owner occupied (1) ​ 7,009 ​ — ​ — ​ 7,009 Construction and land development ​ 1,749 ​ — ​ — ​ 1,749 Commercial loans ​ 7,298 ​ — ​ — ​ 7,298 Residential 1-4 family (2) ​ 5,929 ​ — ​ — ​ 5,929 Consumer ​ 18 ​ — ​ — ​ 18 Other real estate owned: ​ ​ ​ ​ ​ ​ ​ Commercial real estate - non-owner occupied (1) ​ 1,678 ​ — ​ — ​ 1,678 Construction and land development ​ 2,427 ​ — ​ — ​ 2,427 Residential 1-4 family (2) ​ 1,283 ​ — ​ — ​ 1,283 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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, 2019 (Level 1) (Level 2) (Level 3) Impaired loans: ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 6,890 ​ $ — ​ $ — ​ $ 6,890 Commercial real estate - non-owner occupied (1) ​ ​ 3,296 ​ ​ — ​ ​ — ​ ​ 3,296 Construction and land development ​ ​ 345 ​ ​ — ​ ​ — ​ ​ 345 Commercial loans ​ 7,547 ​ — ​ — ​ ​ 7,547 Residential 1-4 family (2) ​ 3,862 ​ — ​ — ​ ​ 3,862 Consumer ​ ​ 39 ​ ​ — ​ ​ — ​ ​ 39 Other real estate owned: ​ ​ ​ ​ ​ ​ ​ Commercial real estate - non-owner occupied (1) ​ 1,984 ​ — ​ — ​ ​ 1,984 Construction and land development ​ 2,874 ​ — ​ — ​ ​ 2,874 Residential 1-4 family (2) ​ 1,366 ​ — ​ — ​ ​ 1,366 (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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ December 31, 2019 ​ Fair Value Carrying Fair Carrying Fair ​ ​ Hierarchy Level ​ Amount ​ Value ​ Amount ​ Value Financial assets: ​ ​ ​ ​ Cash and cash equivalents Level 1 ​ $ 149,272 ​ $ 149,272 ​ $ 31,928 ​ $ 31,928 Securities available for sale Level 2 & Level 3 ​ 157,896 ​ 157,896 ​ 164,820 ​ 164,820 Securities held to maturity Level 2 ​ 49,323 ​ 50,551 ​ 72,448 ​ 72,666 Stock in Federal Reserve Bank and Federal Home Loan Bank Level 2 ​ 16,927 ​ 16,927 ​ 17,832 ​ 17,832 Equity investment in mortgage affiliate Level 3 ​ 13,238 ​ 13,238 ​ 5,020 ​ 5,020 Preferred investment in mortgage affiliate Level 3 ​ 3,305 ​ 3,305 ​ 3,305 ​ 3,305 Net loans Level 3 ​ 2,497,930 ​ 2,536,849 ​ 2,175,786 ​ 2,180,487 Accrued interest receivable Level 2 & Level 3 ​ 21,076 ​ 21,076 ​ 8,210 ​ 8,210 Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ Demand deposits and NOW accounts Level 2 ​ $ 940,134 ​ $ 940,134 ​ $ 730,325 ​ $ 730,325 Money market and savings accounts Level 2 ​ 714,655 ​ 714,655 ​ 611,353 ​ 611,353 Time deposits Level 3 ​ 561,685 ​ 568,258 ​ 783,040 ​ 786,420 Securities sold under agreements to repurchase Level 1 ​ 16,181 ​ 16,181 ​ 12,883 ​ 12,883 PPPLF borrowings ​ Level 1 ​ ​ 283,906 ​ ​ 283,906 ​ ​ — ​ ​ — FHLB short term advances Level 1 ​ 100,000 ​ 100,000 ​ 121,640 ​ 121,640 Junior subordinated debt Level 2 ​ 9,669 ​ 8,451 ​ 9,632 ​ 9,206 Senior subordinated notes Level 2 ​ 105,709 ​ 110,610 ​ 47,051 ​ 48,156 Accrued interest payable Level 1 & Level 3 ​ 3,077 ​ 3,077 ​ 4,907 ​ 4,907 ​ Carrying amount is the estimated fair value for cash and cash equivalents (including federal funds sold), accrued interest receivable and payable, demand deposits, savings accounts, money market accounts, short-term debt (FHLB short-term advances and securities sold under agreements to repurchase) and PPPLF borrowings. The investment in common stock of our mortgage affiliate is accounted for using the equity method. Under the equity method, the carrying value of Southern National’s investment in STM was originally recorded at cost but is adjusted periodically to record Southern National’s proportionate share of STM’s earnings or losses through noninterest income and decreased by the amount of cash dividends or similar distributions received from STM. The investment in preferred stock of our mortgage affiliate is considered to be a non-marketable equity security that does not have a readily determinable fair value. Non-marketable equity securities with no recurring market value data available are reviewed periodically and any observable market value change is adjusted through noninterest income. Southern National evaluates its investments in this non-marketable equity security for impairment and recoverability of the recorded investment by considering positive and negative evidence, including the profitability and asset quality of STM, dividend payment history and recent redemption experience. Impairment is assessed at each reporting period and if identified, is recognized in noninterest income. No impairment was recorded for the three and nine months ended September 30, 2020 and 2019. 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.

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	9 Months Ended
	Sep. 30, 2020
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 September 30, 2020 and December 31, 2019 was $16.2 million and $12.9 million, respectively.

JUNIOR SUBORDINATED DEBT AND SE

JUNIOR SUBORDINATED DEBT AND SENIOR SUBORDINATED NOTES	9 Months Ended
	Sep. 30, 2020
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 of trust preferred securities that were issued on September 17, 2003 and placed through a 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. At September 30, 2020 and December 31, 2019, we had $9.7 million and $9.6 million, respectively, of Junior Subordinated Debt outstanding. 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 September 30, 2020 and December 31, 2019, the interest rate was 3.20% and 4.85%, 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 may be included in Tier 1 capital for regulatory capital adequacy determination purposes up to 25% of Tier 1 capital after its inclusion. At September 30, 2020, all of the trust preferred securities qualified as Tier 1 capital. 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 September 30, 2020, all of the SNBV Senior Subordinated Notes qualified as Tier 2 capital. 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 $1.1 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. At September 30, 2020, 80% of the EVBS Senior Subordinated Notes qualified as Tier 2 capital. ​ On August 25, 2020, Southern National completed the sale of $60.0 million of its fixed-to-floating rate Subordinated Notes due 2030 (the “SNBV Subordinated Notes”). The SNBV Subordinated Notes will bear interest at an initial rate of 5.40% per annum, payable semi-annually in arrears on March 1 and September 1 of each year, commencing on March 1, 2021. From and including September 1, 2025 to, but excluding the maturity date or the date of earlier redemption (the “floating rate period”), the interest rate will reset quarterly to an annual interest rate equal to the Benchmark rate, which is expected to be three-month Term SOFR plus 531 basis points, for each quarterly interest period during the floating rate period, payable quarterly in arrears on March 1, June 1, September 1, and December 1 of each year, commencing on December 1, 2025. Notwithstanding the foregoing, in the event that the Benchmark rate is less than zero, the Benchmark rate shall be deemed to be zero. At September 30, 2020, all of the SNBV Subordinated Notes qualified as Tier 2 capital. ​ At September 30, 2020, the remaining unamortized debt issuance costs related to the Subordinated Notes totaled $1.9 million. ​

ORGANIZATION AND SIGNIFICANT AC

ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2020
ACCOUNTING POLICIES [Abstract]
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 include: the determination of the allowance for loan losses, the fair value of investment securities, other than temporary impairment of investment securities, the valuation of goodwill and intangible assets, other real estate owned (“OREO”) and deferred taxes.
Risks and Uncertainties	Risks and Uncertainties The outbreak of the novel corona virus disease 2019 (“COVID-19”) has adversely impacted a broad range of industries in which the Company’s customers operate and has impaired and could continue to impair their ability to fulfill their financial obligations to the Company. In March 2020, the World Health Organization declared COVID-19 to be a global pandemic. The spread of COVID-19 has caused significant uncertainty, volatility and disruption in the U.S. and global economy and has disrupted banking and other financial activity in the areas in which the Company operates. Given the ongoing and dynamic nature COVID-19, it is not possible to accurately predict the extent, severity or duration of these conditions or when normal economic and operating conditions will resume. For this reason, the extent to which the COVID-19 pandemic affects our business, operations and financial condition, as well as our regulatory capital and liquidity ratios and credit ratings, is highly uncertain and unpredictable and depends on, among other things, new information that may emerge concerning the scope, duration and severity of the COVID-19 pandemic and actions taken by governmental authorities and other parties in response to the pandemic. If the pandemic is prolonged, the adverse impact on the markets in which we operate and on our business, operations and financial condition could deepen. Congress, the President, and the Federal Reserve have taken several actions designed to minimize the economic impact of COVID-19. The Coronavirus Aid, Relief and Economic Security (“CARES”) Act was signed into law at the end of March 2020 as a $2 trillion legislative package. The goal of the CARES Act is to prevent a severe economic downturn through various measures, including direct financial aid to American families and economic stimulus to significantly impacted industry sectors. The package also includes extensive emergency funding for hospitals and healthcare providers. In addition to the general impact of COVID-19, certain provisions of the CARES Act as well as other recent legislative and regulatory relief efforts have had and are expected to continue to have a material impact on the Company’s operations. The CARES Act includes provisions that temporarily delay the required implementation date of Financial Accounting Standards Board (“FASB”) ASC Topic 326, Financial Instruments—Credit Losses , and suspend the requirements related to accounting for a troubled debt restructuring , for certain entities. The Company’s business is dependent upon the willingness and ability of its employees and customers to conduct banking and other financial transactions. If the global response to contain COVID-19 escalates further or is unsuccessful, the Company could experience a material adverse effect on its business, financial condition, results of operations and cash flows. While it is not possible to know the full universe or extent that the impact of COVID-19, and resulting measures to curtail its spread, will have on the Company’s operations, the Company is disclosing potentially material items of which it is aware. Financial position and results of operations The Company’s fee income has decreased due to COVID-19. In accordance with regulatory guidelines, the Company is actively working with COVID-19-affected customers to waive fees from a variety of sources, such as, but not limited to, insufficient funds and overdraft fees, ATM fees and account maintenance fees. These reductions in fees are thought, at this time, to be temporary in conjunction with the duration of COVID-19 and the related economic impact. At this time, the Company is unable to project the materiality of the impact, but believes that the economic impact of COVID-19 is likely to impact its fee income in future periods. The Company’s interest income has decreased due to COVID-19. In accordance with regulatory guidelines, the Company is actively working with COVID-19-affected borrowers to defer their payments, interest, and fees. While interest and fees will continue to accrue to income through normal GAAP accounting, should eventual credit losses on these deferred payments emerge, interest income and fees accrued would need to be reversed, which would negatively impact interest income. At this time, the Company is unable to project the materiality of the impact, but believes that the economic impact of COVID-19 may affect its borrowers’ ability to repay in future periods. Capital and liquidity While the Company believes that it has sufficient capital to withstand an extended economic recession brought about by COVID-19, its reported and regulatory capital ratios could be adversely impacted by further credit losses. The Company relies on cash on hand as well as dividends from its subsidiary bank to service its debt. If the Company’s capital deteriorates such that its subsidiary bank is unable to pay dividends to it for an extended period of time, the Company may not be able to service its debt. The Company maintains access to multiple sources of liquidity. Wholesale funding markets have remained open to us, but rates for short term funding have recently been volatile. If funding costs are elevated for an extended period of time, it could have an adverse effect on the Company’s net interest margin. If an extended recession causes a large number of the Company’s deposit customers to withdraw their funds, the Company might become more reliant on volatile or more expensive sources of funding. Asset valuation Goodwill is evaluated for impairment on an annual basis or more frequently if events or circumstances warrant. Our annual assessment occurs during the third calendar quarter. In response to the effects of COVID-19, management determined there to be a triggering event in the third quarter of 2020 warranting a goodwill assessment. For the third quarter 2020 assessment, we performed a step one quantitative assessment to determine if the fair value of our single reporting unit was less than its carrying amount. We concluded that the fair value of our single reporting unit exceeded its carrying amount and no impairment was present based on management’s assessment. We will continue to monitor and assess the impacts of COVID-19 on the Company’s goodwill in the fourth quarter. Currently, the Company does not expect COVID-19 to affect its ability to account timely for the assets on its balance sheet; however, this could change in future periods. While certain valuation assumptions and judgments will change to account for pandemic-related circumstances such as widening credit spreads, the Company does not anticipate significant changes in the methodology used to determine the fair value of assets measured in accordance with GAAP. COVID-19 could cause a further and sustained decline in the Company’s stock price or the occurrence of what management would deem to be an event that could, under certain circumstances, cause us to perform another goodwill impairment test and result in an impairment charge being recorded for that period. In the event that the Company concludes that all or a portion of its goodwill is impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. It is possible that the lingering effects of COVID-19 could cause the occurrence of what management would deem to be an event that could, under certain circumstances, cause us to perform an intangible asset impairment test and result in an impairment charge being recorded for that period. In the event that the Company concludes that all or a portion of its intangible assets are impaired, a non-cash charge for the amount of such impairment would be recorded to earnings. Such a charge would have no impact on tangible capital or regulatory capital. Processes, controls and business continuity plan The Company has invoked its Board-approved Pandemic Preparedness Plan that includes a remote working strategy. The Company does not anticipate incurring additional material cost related to its continued deployment of the remote working strategy. No material operational or internal control challenges or risks have been identified to date. The Company does not anticipate significant challenges to its ability to maintain its systems and controls in light of the measures the Company has taken to prevent the spread of COVID-19. The Company does not currently face any material resource constraint through the implementation of its business continuity plans. Lending operations and accommodations to borrowers As a result of COVID-19, businesses in the Company’s markets have experienced significant operational disruptions. In accordance with regulatory guidelines to work with borrowers during this unprecedented environment, the Company provided certain modifications, including interest only or principal and interest deferments. As of October 30, 2020, total modified loans or loans with requests for modifications were $80.7 million and the Company anticipates minimal additional deferrals in the fourth quarter of 2020. With the passage of the Paycheck Protection Program (“PPP”), administered by the Small Business Administration (“SBA”), the Company is actively assisting its customers with loan applications through the program. PPP loans have a two or five year term and earn interest at 1%. The Company believes that the majority of these loans will ultimately be forgiven by the SBA in accordance with the terms of the program. As of September 30, 2020, the Company had originated 4,343 PPP loans representing $348.0 million to its customers. Loans funded through the PPP program are guaranteed by the SBA and loans that meet certain regulatory criteria are subject to forgiveness. In the event that the PPP loans are not fully guaranteed by the SBA, the Company could be required to establish additional allowance for credit loss through additional credit loss expense charged to earnings. We expect forgiveness of the PPP loans to begin in the fourth quarter of 2020 and continue into 2021. Federal Reserve Paycheck Protection Program Liquidity Facility ​ On April 9, 2020, the Board of Governors of the Federal Reserve issued guidance for banks that wish to participate in the Federal Reserve’s Paycheck Protection Program Liquidity Facility (“PPPLF”). Under the PPPLF, the Federal Reserve Banks will extend funding, on a non-recourse basis, to banks participating in the PPP administered by the SBA, taking PPP loans originated under the PPP as collateral. Credit The Company is working with customers directly affected by COVID-19 and is offering short-term assistance in accordance with regulatory guidelines. As a result of the economic environment caused by the COVID-19 virus, the Company is engaging in more frequent communication with borrowers to better understand their financial situation and the challenges they face, allowing it to respond proactively as needs and issues arise. It is possible that the Company’s asset quality measures could worsen at future measurement periods if the effects of COVID-19 are prolonged.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Adoption of New Accounting Standards: In August 2018, FASB issued ASU 2018-13, Fair Value Measurement (Topic 820) New Accounting Standards Not Yet Adopted: In June 2016 , Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments along with several other subsequent codification updates related to accounting for credit losses, sets forth a “current expected credit loss” ("CECL") model requiring the Company to measure all expected credit losses for financial instruments recorded at amortized cost held at the reporting date. The estimate is to be based on historical experience, current conditions and reasonable and 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. The amendments were effective for the Company beginning January 1, 2020. The Company estimates that the initial adoption of this ASU will result in an increase of approximately $ million in our allowance for loan losses, including transfers of non-accretable discount on loans. The increase is a result of changing from an “incurred loss” model, which encompasses allowances for current known and inherent losses within the portfolio, to an “expected loss” model, which encompasses allowances for losses expected to be incurred over the life of the portfolio. The adoption of this ASU requires that we establish an allowance for expected credit losses for certain debt securities and other financial assets which are not material. In December 2019, FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes (Topic 740) In March 2020, FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) - Facilitation of the Effects of Reference Rate Reform on Financial Reporting ​ In October 2020, FASB issued ASU 2020-08, Codification Improvements to Subtopic 310-20, Receivables - Nonrefundable Fees and Other Costs.

STOCK- BASED COMPENSATION (Tabl

STOCK- BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2020
STOCK- BASED COMPENSATION [Abstract]
Schedule of activity in the stock option plan	A summary of the activity in the stock option plan during the nine months ended September 30, 2020 follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Weighted ​ Average ​ Aggregate ​ ​ ​ ​ Average ​ Remaining ​ Intrinsic ​ ​ ​ ​ Exercise ​ Contractual ​ Value ​ ​ Shares ​ Price ​ Term ​ (in thousands) Options outstanding, beginning of period 555,750 ​ $ 10.02 4.3 ​ $ 3,518 Forfeited (11,700) ​ ​ 10.91 ​ Exercised (93,250) ​ ​ 7.60 ​ ​ Options outstanding, end of period 450,800 ​ $ 10.50 4.0 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exercisable at end of period 336,540 ​ $ 9.63 3.4 ​ $ —
Schedule of activity in the restricted stock plan	A summary of the activity in the restricted stock plan during the nine months ended September 30, 2020 follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Weighted ​ Average ​ ​ ​ ​ ​ Average ​ Remaining ​ ​ ​ ​ ​ Exercise ​ Contractual ​ ​ ​ Shares ​ Price ​ Term ​ Unvested restricted stock outstanding, beginning of period 86,500 ​ $ 14.85 3.8 Granted 102,500 ​ 14.56 Vested (91,800) ​ 12.09 Unvested restricted stock outstanding, end of period 97,200 ​ $ 14.20 4.1 ​

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2020
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 September 30, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 40,341 ​ $ 1,723 ​ $ — ​ $ 42,064 Obligations of states and political subdivisions ​ 22,332 ​ 917 ​ (116) ​ 23,133 Corporate securities ​ 10,000 ​ 88 ​ — ​ 10,088 Trust preferred securities ​ 2,530 ​ 176 ​ (290) ​ 2,416 Residential government-sponsored collateralized mortgage obligations ​ 33,145 ​ 891 ​ (1) ​ 34,035 Government-sponsored agency securities ​ 5,984 ​ 96 ​ — ​ 6,080 Agency commercial mortgage-backed securities ​ 27,253 ​ 1,140 ​ — ​ 28,393 SBA pool securities ​ 11,766 ​ 84 ​ (163) ​ 11,687 Total ​ $ 153,351 ​ $ 5,115 ​ $ (570) ​ $ 157,896 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Gross Unrealized ​ Fair ​ Cost Gains Losses Value December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 48,540 ​ $ 455 ​ $ (16) ​ $ 48,979 Obligations of states and political subdivisions ​ ​ 17,041 ​ ​ 541 ​ ​ — ​ ​ 17,582 Corporate securities ​ ​ 2,004 ​ ​ 8 ​ ​ — ​ ​ 2,012 Trust preferred securities ​ ​ 2,530 ​ ​ 283 ​ ​ (245) ​ ​ 2,568 Residential government-sponsored collateralized mortgage obligations ​ ​ 36,511 ​ ​ 217 ​ ​ (39) ​ ​ 36,689 Government-sponsored agency securities ​ ​ 14,823 ​ ​ 47 ​ ​ (48) ​ ​ 14,822 Agency commercial mortgage-backed securities ​ ​ 27,557 ​ ​ 192 ​ ​ (18) ​ ​ 27,731 SBA pool securities ​ ​ 14,622 ​ ​ 11 ​ ​ (196) ​ ​ 14,437 Total ​ $ 163,628 ​ $ 1,754 ​ $ (562) ​ $ 164,820
Schedule of amortized cost, unrecognized gains and losses, and fair value of held to maturity securities	The amortized cost, gross 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 September 30, 2020 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 29,831 ​ $ 807 ​ $ (2) ​ $ 30,636 Obligations of states and political subdivisions ​ 11,256 ​ 207 ​ — ​ 11,463 Trust preferred securities ​ 1,784 ​ — ​ (12) ​ 1,772 Residential government-sponsored collateralized mortgage obligations ​ 1,452 ​ 45 ​ — ​ 1,497 Government-sponsored agency securities ​ 5,000 ​ 183 ​ — ​ 5,183 Total ​ $ 49,323 ​ $ 1,242 ​ $ (14) ​ $ 50,551 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Gross Unrecognized ​ Fair ​ Cost Gains Losses ​ Value December 31, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 22,925 ​ $ 62 ​ $ (52) ​ $ 22,935 Obligations of states and political subdivisions ​ 15,071 ​ 165 ​ (1) ​ 15,235 Trust preferred securities ​ 1,938 ​ 99 ​ (2) ​ 2,035 Residential government-sponsored collateralized mortgage obligations ​ 3,128 ​ 10 ​ (9) ​ 3,129 Government-sponsored agency securities ​ 29,386 ​ 108 ​ (162) ​ 29,332 Total ​ $ 72,448 ​ $ 444 ​ $ (226) ​ $ 72,666
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 September 30, 2020, 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 ​ $ 2,559 ​ $ 2,666 ​ $ 3,410 ​ $ 3,527 Due in five to ten years ​ 16,095 ​ 16,616 ​ 2,685 ​ 2,738 Due after ten years ​ 22,192 ​ 22,435 ​ 11,945 ​ 12,153 Residential government-sponsored mortgage-backed securities ​ 40,341 ​ 42,064 ​ 29,831 ​ 30,636 Residential government-sponsored collateralized mortgage obligations ​ 33,145 ​ 34,035 ​ 1,452 ​ 1,497 Agency commercial mortgage-backed securities ​ 27,253 ​ 28,393 ​ — ​ — SBA pool securities ​ 11,766 ​ 11,687 ​ — ​ — Total ​ $ 153,351 ​ $ 157,896 ​ $ 49,323 ​ $ 50,551
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 September 30, 2020 and December 31, 2019 by duration of time in a loss position (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ Less than 12 months ​ 12 Months or More ​ Total ​ Fair Unrealized Fair Unrealized Fair Unrealized Available for Sale ​ value ​ Losses ​ value ​ Losses ​ value ​ Losses Obligations of states and political subdivisions ​ $ 6,076 ​ $ (116) ​ $ — ​ $ — ​ $ 6,076 ​ $ (116) Trust preferred securities ​ ​ — ​ ​ — ​ ​ 750 ​ ​ (290) ​ ​ 750 ​ ​ (290) Residential government-sponsored collateralized mortgage obligations ​ ​ 310 ​ ​ (1) ​ ​ — ​ ​ — ​ ​ 310 ​ ​ (1) SBA pool securities ​ — ​ — ​ 8,357 ​ (163) ​ 8,357 ​ (163) Total ​ $ 6,386 ​ $ (117) ​ $ 9,107 ​ $ (453) ​ $ 15,493 ​ $ (570) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ 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 ​ $ 336 ​ $ (1) ​ $ 146 ​ $ (1) ​ $ 482 ​ $ (2) Trust preferred securities ​ 1,743 ​ (10) ​ 29 ​ (2) ​ 1,772 ​ (12) Total ​ $ 2,079 ​ $ (11) ​ $ 175 ​ $ (3) ​ $ 2,254 ​ $ (14) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 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 ​ $ 2,686 ​ $ (7) ​ $ 1,758 ​ $ (9) ​ $ 4,444 ​ $ (16) Trust preferred securities ​ — ​ — ​ 795 ​ (245) ​ 795 ​ (245) Residential government-sponsored collateralized mortgage obligations ​ ​ 4,253 ​ (25) ​ 3,133 ​ (14) ​ 7,386 ​ (39) Government-sponsored agency securities ​ ​ 4,924 ​ (48) ​ — ​ — ​ 4,924 ​ (48) Agency commercial mortgage-backed securities ​ ​ 2,833 ​ (6) ​ 3,126 ​ (12) ​ 5,959 ​ (18) SBA pool securities ​ ​ 1,148 ​ (2) ​ 9,420 ​ (194) ​ 10,568 ​ (196) Total ​ $ 15,844 ​ $ (88) ​ $ 18,232 ​ $ (474) ​ $ 34,076 ​ $ (562) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 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 ​ $ 14,978 ​ $ (41) ​ $ 1,402 ​ $ (11) ​ $ 16,380 ​ $ (52) Obligations of states and political subdivisions ​ 2,011 ​ (1) ​ — ​ — ​ 2,011 ​ (1) Trust preferred securities ​ — ​ — ​ 53 ​ (2) ​ 53 ​ (2) Residential government-sponsored collateralized mortgage obligations ​ 1,162 ​ (3) ​ 571 ​ (6) ​ 1,733 ​ (9) Government-sponsored agency securities ​ — ​ — ​ 20,833 ​ (162) ​ 20,833 ​ (162) Total ​ $ 18,151 ​ $ (45) ​ $ 22,859 ​ $ (181) ​ $ 41,010 ​ $ (226)
Schedule of owned pooled trust preferred securities	As of September 30, 2020, we owned pooled trust preferred investment securities as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ % 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 Aa1 AA ​ $ 1,874 ​ $ 1,754 ​ $ 1,743 17 % $ 219 MMCF III B ​ Senior Sub A3 A- Ba1 WD ​ ​ 31 ​ ​ 30 ​ ​ 29 ​ 48 % ​ 4 ​ ​ $ 1,905 ​ $ 1,784 ​ $ 1,772 ​ $ 223 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available for Sale ​ ​ ​ ​ Cumulative OTTI Other Than ​ ​ ​ ​ Related to Temporarily Impaired: ​ ​ ​ ​ Credit Loss (2) TPREF FUNDING II Mezzanine A1 A- Caa3 WD ​ $ 1,500 ​ $ 1,040 ​ $ 750 32 % $ 400 ALESCO V C1 Mezzanine A2 A Caa1 C ​ 2,150 ​ ​ 1,490 ​ ​ 1,666 15 % 660 ​ ​ $ 3,650 ​ $ 2,530 ​ $ 2,416 ​ $ 1,060 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 5,555 ​ $ 4,314 ​ $ 4,188 ​ (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	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Holding ​ ​ ​ ​ ​ ​ ​ ​ Gains on ​ Held to Maturity ​ ​ ​ For the three months ended September 30, 2020 Available for Sale Securities Total Beginning balance ​ $ 3,573 ​ $ (154) ​ $ 3,419 Current period other comprehensive income ​ 19 ​ 2 ​ 21 Ending balance ​ $ 3,592 ​ $ (152) ​ $ 3,440 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Holding ​ ​ ​ ​ ​ ​ ​ ​ Gains on ​ Held to Maturity ​ ​ ​ For the three months ended September 30, 2019 ​ Available for Sale ​ Securities ​ Total Beginning balance ​ $ 684 ​ $ (165) ​ $ 519 Current period other comprehensive income ​ 585 ​ 2 ​ 587 Ending balance ​ $ 1,269 ​ $ (163) ​ $ 1,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Holding ​ ​ ​ ​ ​ ​ ​ ​ Gains on ​ Held to Maturity ​ ​ ​ For the nine months ended September 30, 2020 ​ Available for Sale ​ Securities ​ Total Beginning balance ​ $ 943 ​ $ (160) ​ $ 783 Current period other comprehensive income ​ 2,649 ​ 8 ​ 2,657 Ending balance ​ $ 3,592 ​ $ (152) ​ $ 3,440 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Holding ​ ​ ​ ​ ​ ​ ​ ​ Gains (Losses) on ​ Held to Maturity ​ ​ ​ For the nine months ended September 30, 2019 ​ Available for Sale ​ Securities ​ Total Beginning balance ​ $ (2,419) ​ $ (170) ​ $ (2,589) Current period other comprehensive income ​ 3,688 ​ 7 ​ 3,695 Ending balance ​ $ 1,269 ​ $ (163) ​ $ 1,106

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	9 Months Ended
	Sep. 30, 2020
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 September 30, 2020 and December 31, 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 December 31, 2019 Loans secured by real estate: ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 416,717 ​ $ 414,479 Commercial real estate - non-owner occupied ​ 605,053 ​ 559,195 Secured by farmland ​ 16,608 ​ 17,622 Construction and land loans ​ 120,066 ​ 150,750 Residential 1-4 family (1) ​ 581,237 ​ 604,777 Multi- family residential ​ 107,672 ​ 82,055 Home equity lines of credit (1) ​ 97,727 ​ 109,006 Total real estate loans ​ 1,945,080 ​ 1,937,884 ​ ​ ​ ​ ​ ​ ​ Commercial loans ​ 216,711 ​ 221,447 Paycheck Protection Program Loans ​ ​ 348,022 ​ ​ — Consumer loans ​ 23,078 ​ 26,304 Subtotal ​ 2,532,891 ​ 2,185,635 Plus (less) deferred costs (fees) on loans ​ (9,182) ​ 412 Total loans ​ $ 2,523,709 ​ $ 2,186,047 (1) Included $13.5 million of loans as of December 31, 2019, acquired in the Greater Atlantic Bank (“GAB”) transaction covered under an FDIC loss-share agreement. The loss-share agreement covering single family loans expired on December 31, 2019. ​
Schedule of summary of impaired loans	Impaired loans for the portfolio were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ ​ Unpaid ​ ​ ​ ​ Recorded ​ Principal ​ Related September 30, 2020 ​ Investment (1) ​ Balance ​ Allowance With no related allowance recorded ​ ​ ​ Commercial real estate - owner occupied ​ $ 10,192 ​ $ 11,632 ​ $ — Commercial real estate - non-owner occupied (2) ​ 7,009 ​ 7,103 ​ — Construction and land development ​ 1,749 ​ 1,818 ​ — Commercial loans ​ 5,006 ​ 6,264 ​ — Paycheck Protection Program Loans ​ ​ — ​ ​ — ​ ​ — Residential 1-4 family (3) ​ 5,929 ​ 6,958 ​ — Other consumer loans ​ 18 ​ 18 ​ — Total ​ $ 29,903 ​ $ 33,793 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ With an allowance recorded ​ ​ ​ Commercial real estate - owner occupied ​ $ — ​ $ — ​ $ — Commercial real estate - non-owner occupied (2) ​ — ​ — ​ — Construction and land development ​ — ​ — ​ — Commercial loans ​ 2,292 ​ ​ 2,304 ​ ​ 1,080 Paycheck Protection Program Loans ​ ​ — ​ ​ — ​ ​ — Residential 1-4 family (3) ​ — ​ ​ — ​ ​ — Other consumer loans ​ — ​ ​ — ​ ​ — Total ​ $ 2,292 ​ $ 2,304 ​ $ 1,080 Grand total ​ $ 32,195 ​ $ 36,097 ​ $ 1,080 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ ​ Unpaid ​ ​ ​ ​ Recorded ​ Principal ​ Related December 31, 2019 ​ Investment (1) ​ Balance ​ Allowance With no related allowance recorded ​ ​ ​ Commercial real estate - owner occupied ​ $ 6,890 ​ $ 8,530 ​ $ — Commercial real estate - non-owner occupied (2) ​ 3,120 ​ 3,363 ​ — Construction and land development ​ 345 ​ 747 ​ — Commercial loans ​ 5,049 ​ 8,490 ​ — Residential 1-4 family (3) ​ 1,021 ​ 2,719 ​ — Other consumer loans ​ — ​ — ​ — Total ​ $ 16,425 ​ $ 23,849 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ With an allowance recorded ​ ​ ​ Commercial real estate - owner occupied ​ $ — ​ $ — ​ $ — Commercial real estate - non-owner occupied (2) ​ 176 ​ 281 ​ 1 Construction and land development ​ — ​ — ​ — Commercial loans ​ 2,498 ​ ​ 2,533 ​ ​ 957 Residential 1-4 family (3) ​ 2,841 ​ ​ 3,243 ​ ​ 92 Other consumer loans ​ 39 ​ 39 ​ 1 Total ​ $ 5,554 ​ $ 6,096 ​ $ 1,051 Grand total ​ $ 21,979 ​ $ 29,945 ​ $ 1,051 (1) Recorded investment is after cumulative prior charge offs of $1.8 million and $1.5 million as of September 30, 2020 and December 31, 2019, respectively. These loans also have aggregate SBA guarantees of $0.2 million and $4.4 million as of September 30, 2020 and December 31, 2019, respectively. (2) Includes loans secured by farmland and multi-family residential 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 (loss) recognized for impaired loans recognized by class of loans for the three months ended September 30, 2020 and 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ Average ​ Interest ​ Recorded Income Three Months Ended September 30, 2020 ​ Investment ​ Recognized With no related allowance recorded ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 11,441 $ 109 Commercial real estate - non-owner occupied (1) ​ 7,011 16 Construction and land development ​ 1,754 42 Commercial loans ​ 7,303 30 Paycheck Protection Program Loans ​ ​ — ​ ​ — Residential 1-4 family (2) ​ 6,554 55 Other consumer loans ​ 19 — Total ​ $ 34,082 $ 252 With an allowance recorded ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ — $ — Commercial real estate - non-owner occupied (1) ​ — — Construction and land development ​ — — Commercial loans ​ 2,394 — Paycheck Protection Program Loans ​ ​ — ​ ​ — Residential 1-4 family (2) ​ — — Other consumer loans ​ — — Total ​ $ 2,394 $ — Grand total ​ $ 36,476 $ 252 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ Average ​ Interest ​ Recorded Income (loss) Three Months Ended September 30, 2019 ​ Investment ​ Recognized With no related allowance recorded ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 4,562 $ 69 Commercial real estate - non-owner occupied (1) ​ 4,718 69 Construction and land development ​ 379 15 Commercial loans ​ 5,552 54 Residential 1-4 family (2) ​ 1,645 41 Other consumer loans ​ — — Total ​ $ 16,856 $ 248 With an allowance recorded ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ — $ — Commercial real estate - non-owner occupied (1) ​ — — Construction and land development ​ — — Commercial loans ​ 2,760 48 Residential 1-4 family (2) ​ 345 (13) Other consumer loans ​ — — Total ​ $ 3,105 $ 35 Grand total ​ $ 19,961 $ 283 ________________________________________ (1) Includes loans secured by farmland and multi-family residential loans. (2) 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 nine months ended September 30, 2020 and 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ Average ​ Interest ​ ​ Recorded ​ Income Nine Months Ended September 30, 2020 Investment Recognized With no related allowance recorded ​ ​ Commercial real estate - owner occupied ​ $ 11,757 ​ $ 345 Commercial real estate - non-owner occupied (1) ​ 7,111 ​ 113 Construction and land development ​ 1,826 ​ 46 Commercial loans ​ 6,406 ​ 126 Paycheck Protection Program Loans ​ ​ — ​ ​ — Residential 1-4 family (2) ​ 6,983 ​ 115 Other consumer loans ​ 19 ​ — Total ​ $ 34,102 ​ $ 745 With an allowance recorded ​ ​ Commercial real estate - owner occupied ​ $ — ​ $ — Commercial real estate - non-owner occupied (1) ​ — ​ — Construction and land development ​ — ​ — Commercial loans ​ 2,456 ​ ​ 1 Paycheck Protection Program Loans ​ ​ — ​ ​ — Residential 1-4 family (2) ​ — ​ ​ ​ Other consumer loans ​ — ​ — Total ​ $ 2,456 ​ $ 1 Grand total ​ $ 36,558 ​ $ 746 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ ​ Average ​ Interest ​ ​ Recorded ​ Income Nine Months Ended September 30, 2019 Investment Recognized With no related allowance recorded ​ ​ Commercial real estate - owner occupied ​ $ 4,612 ​ $ 227 Commercial real estate - non-owner occupied (1) ​ 4,774 ​ 206 Construction and land development ​ 396 ​ 43 Commercial loans ​ 5,604 ​ 163 Residential 1-4 family (2) ​ 1,665 ​ 148 Other consumer loans ​ — ​ — Total ​ $ 17,051 ​ $ 787 With an allowance recorded ​ ​ Commercial real estate - owner occupied ​ $ — ​ $ — Commercial real estate - non-owner occupied (1) ​ — ​ — Construction and land development ​ — ​ — Commercial loans ​ 2,799 ​ 147 Residential 1-4 family (2) ​ 345 ​ 25 Other consumer loans ​ — ​ — Total ​ $ 3,144 ​ $ 172 Grand total ​ $ 20,195 ​ $ 959 ________________________________________ (1) (2) ​
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 September 30, 2020 and December 31, 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 - 59 60 - 89 90 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Days ​ Days ​ Days ​ Total ​ Nonaccrual ​ Loans Not ​ Total September 30, 2020 ​ Past Due ​ Past Due ​ or More ​ Past Due ​ Loans (3) ​ Past Due ​ Loans (4) Total loans: ​ ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 370 ​ $ — ​ $ — ​ $ 370 ​ $ 2,788 ​ $ 413,559 ​ $ 416,717 Commercial real estate - non-owner occupied (1) ​ 443 ​ — ​ — ​ 443 ​ 1,537 ​ 727,353 ​ 729,333 Construction and land development ​ 40 ​ — ​ — ​ 40 ​ 1,690 ​ 118,336 ​ 120,066 Commercial loans ​ 73 ​ 3 ​ — ​ 76 ​ 5,416 ​ 211,219 ​ 216,711 Paycheck Protection Program Loans ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 348,022 ​ ​ 348,022 Residential 1-4 family (2) ​ 1,211 ​ 372 ​ — ​ 1,583 ​ 3,839 ​ 673,542 ​ 678,964 Other consumer loans ​ 108 ​ 1 ​ — ​ 109 ​ — ​ 22,969 ​ 23,078 Total ​ $ 2,245 ​ $ 376 ​ $ — ​ $ 2,621 ​ $ 15,270 ​ $ 2,515,000 ​ $ 2,532,891 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 - 59 60 - 89 90 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Days ​ Days ​ Days ​ Total ​ Nonaccrual ​ Loans Not ​ Total December 31, 2019 ​ Past Due ​ Past Due ​ or More ​ Past Due ​ Loans (3) ​ Past Due ​ Loans Total loans: ​ ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 813 ​ $ — ​ $ — ​ $ 813 ​ $ — ​ $ 413,666 ​ $ 414,479 Commercial real estate - non-owner occupied (1) ​ 936 ​ — ​ — ​ 936 ​ — ​ 657,936 ​ 658,872 Construction and land development ​ 746 ​ 275 ​ — ​ 1,021 ​ — ​ 149,729 ​ 150,750 Commercial loans ​ 234 ​ 62 ​ — ​ 296 ​ 6,337 ​ 214,814 ​ 221,447 Residential 1-4 family (2) ​ 4,060 ​ — ​ — ​ 4,060 ​ 2,524 ​ 707,199 ​ 713,783 Other consumer loans ​ 107 ​ — ​ — ​ 107 ​ 39 ​ 26,158 ​ 26,304 Total ​ $ 6,896 ​ $ 337 ​ $ — ​ $ 7,233 ​ $ 8,900 ​ $ 2,169,502 ​ $ 2,185,635 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. (3) Nonaccrual loans include SBA guaranteed amounts totaling $4.1 million at September 30, 2020 and December 31, 2019. (4) Includes $80.7 million of loans that were subject to deferrals at October 30, 2020. ​
Schedule of Activity for Loan and Lease Losses By Class of Loan	Activity in the allowance for loan and lease losses by class of loan for the three months ended September 30, 2020 and 2019 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 September 30, 2020 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,558 ​ $ 8,378 ​ $ 717 ​ $ 5,490 ​ $ 3,854 ​ $ 903 ​ $ 727 ​ $ 23,627 Provision (recovery) ​ ​ 1,480 ​ ​ 330 ​ ​ 7 ​ ​ 909 ​ ​ (589) ​ ​ (59) ​ ​ (78) ​ ​ 2,000 Charge offs ​ — ​ — ​ — ​ (12) ​ (47) ​ (27) ​ — ​ (86) Recoveries ​ — ​ 4 ​ — ​ — ​ 225 ​ 9 ​ — ​ 238 Ending balance ​ $ 5,038 ​ $ 8,712 ​ $ 724 ​ $ 6,387 ​ $ 3,443 ​ $ 826 ​ $ 649 ​ $ 25,779 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 833 ​ $ 1,890 ​ $ 802 ​ $ 5,834 ​ $ 1,127 ​ $ 273 ​ $ 854 ​ $ 11,613 Provision (recovery) ​ (113) ​ (281) ​ 16 ​ 133 ​ 347 ​ 11 ​ 37 ​ 150 Charge offs ​ — ​ (1) ​ — ​ (266) ​ (315) ​ (65) ​ — ​ (647) Recoveries ​ (1) ​ 4 ​ — ​ 65 ​ 8 ​ 9 ​ — ​ 85 Ending balance ​ $ 719 ​ $ 1,612 ​ $ 818 ​ $ 5,766 ​ $ 1,167 ​ $ 228 ​ $ 891 ​ $ 11,201 ​ Activity in the allowance for loan and lease losses by class of loan for the nine months ended September 30, 2020 and 2019 is summarized below (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial Commercial ​ ​ ​ ​ ​ ​ ​ ​ Real Estate ​ Real Estate ​ Construction ​ ​ ​ ​ ​ ​ ​ Other ​ ​ ​ ​ ​ ​ ​ Owner ​ Non-owner ​ and Land ​ Commercial ​ 1-4 Family ​ Consumer ​ ​ ​ ​ Nine Months Ended September 30, 2020 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 810 ​ $ 1,720 ​ $ 683 ​ $ 5,418 ​ $ 1,266 ​ $ 190 ​ $ 174 ​ $ 10,261 Provision for non-purchased loans ​ 4,223 ​ 6,983 ​ 41 ​ 1,574 ​ 2,208 ​ 701 ​ 475 ​ 16,205 Provision for purchase credit impaired loans ​ ​ — ​ ​ — ​ ​ — ​ ​ 144 ​ ​ — ​ ​ — ​ ​ — ​ ​ 144 Provision ​ ​ 4,223 ​ ​ 6,983 ​ ​ 41 ​ ​ 1,718 ​ ​ 2,208 ​ ​ 701 ​ ​ 475 ​ ​ 16,349 Charge offs ​ — ​ — ​ — ​ (834) ​ (292) ​ (92) ​ — ​ (1,218) Recoveries ​ 5 ​ 9 ​ — ​ 85 ​ 261 ​ 27 ​ — ​ 387 Ending balance ​ $ 5,038 ​ $ 8,712 ​ $ 724 ​ $ 6,387 ​ $ 3,443 ​ $ 826 ​ $ 649 ​ $ 25,779 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2019 ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 802 ​ $ 1,669 ​ $ 821 ​ $ 7,097 ​ $ 1,106 ​ $ 224 ​ $ 564 ​ $ 12,283 Provision (recovery) ​ ​ 497 ​ ​ 399 ​ ​ (3) ​ ​ (1,235) ​ ​ 166 ​ ​ 199 ​ ​ 327 ​ ​ 350 Charge offs ​ (782) ​ (463) ​ — ​ (433) ​ (405) ​ (221) ​ — ​ (2,304) Recoveries ​ 202 ​ 7 ​ — ​ 337 ​ 300 ​ 26 ​ — ​ 872 Ending balance ​ $ 719 ​ $ 1,612 ​ $ 818 ​ $ 5,766 ​ $ 1,167 ​ $ 228 ​ $ 891 ​ $ 11,201 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. ​
Schedule of allowance for loan losses and the recorded investment by portfolio segment	​
Schedule of the risk category of loans by class of loans	As of September 30, 2020 and December 31, 2019, 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 ​ ​ ​ ​ ​ September 30, 2020 ​ Mention ​ Substandard (3) ​ Pass ​ Total Commercial real estate - owner occupied ​ $ 7,665 ​ $ 6,962 ​ $ 402,090 ​ $ 416,717 Commercial real estate - non-owner occupied (1) ​ 3,470 ​ 4,651 ​ 721,212 ​ 729,333 Construction and land development ​ — ​ 1,690 ​ 118,376 ​ 120,066 Commercial loans ​ 2,338 ​ 4,182 ​ 210,191 ​ 216,711 Paycheck Protection Program Loans ​ ​ — ​ ​ — ​ ​ 348,022 ​ ​ 348,022 Residential 1-4 family (2) ​ 580 ​ 1,818 ​ 676,566 ​ 678,964 Other consumer loans ​ 115 ​ — ​ 22,963 ​ 23,078 Total ​ $ 14,168 ​ $ 19,303 ​ $ 2,499,420 ​ $ 2,532,891 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ Special ​ ​ ​ ​ ​ December 31, 2019 ​ Mention ​ Substandard (3) ​ Pass ​ Total Commercial real estate - owner occupied ​ $ 3,821 ​ $ 3,975 ​ $ 406,683 ​ $ 414,479 Commercial real estate - non-owner occupied (1) ​ 4,193 ​ 176 ​ 654,503 ​ 658,872 Construction and land development ​ — ​ 690 ​ 150,060 ​ 150,750 Commercial loans ​ 3,432 ​ 4,462 ​ 213,553 ​ 221,447 Residential 1-4 family (2) ​ 666 ​ 1,194 ​ 711,923 ​ 713,783 Other consumer loans ​ 122 ​ — ​ 26,182 ​ 26,304 Total ​ $ 12,234 ​ $ 10,497 ​ $ 2,162,904 ​ $ 2,185,635 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. (3) Includes SBA guarantees of $0.2 million and $4.1 million as of September 30, 2020 and December 31, 2019, respectively.

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Schedule of operating lease other information	The following table presents supplemental cash flow and other information related to our operating leases: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Nine Months Ended ​ (in thousands except for percent and period data) ​ September 30, 2020 ​ ​ September 30, 2019 ​ Supplemental cash flow information: ​ ​ ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of lease liabilities ​ $ 3,724 ​ ​ $ 3,682 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other information: ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average remaining lease term - operating leases, in years ​ ​ 5.3 ​ ​ ​ 5.9 ​ Weighted-average discount rate - operating leases ​ 2.6 % ​ 2.8 % ​
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 (dollars in thousands) ​ September 30, 2020 Lease payments due: ​ ​ ​ Less than one year ​ $ 2,125 One to three years ​ ​ 3,456 Three to five years ​ ​ 1,411 More than five years ​ 1,449 Total lease payments ​ ​ 8,441 Less: imputed interest ​ ​ (641) Lease liabilities ​ $ 7,800

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2020
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 September 30, 2020 ​ ​ Basic EPS ​ $ 9,588 24,270 ​ $ 0.40 Effect of dilutive stock options and unvested restricted stock ​ — 105 ​ (0.01) Diluted EPS ​ $ 9,588 24,375 ​ $ 0.39 ​ ​ ​ ​ ​ ​ ​ ​ ​ For the three months ended September 30, 2019 ​ ​ Basic EPS ​ $ 8,864 24,072 ​ $ 0.37 Effect of dilutive stock options and unvested restricted stock ​ — 302 ​ (0.01) Diluted EPS ​ $ 8,864 24,374 ​ $ 0.36 ​ ​ ​ For the nine months ended September 30, 2020 ​ ​ Basic EPS ​ $ 14,324 24,229 ​ $ 0.59 Effect of dilutive stock options and unvested restricted stock ​ — 121 ​ — Diluted EPS ​ $ 14,324 24,350 ​ $ 0.59 ​ ​ ​ ​ ​ ​ ​ ​ ​ For the nine months ended September 30, 2019 ​ ​ Basic EPS ​ $ 24,203 24,036 ​ $ 1.01 Effect of dilutive stock options and unvested restricted stock ​ — 299 ​ (0.02) Diluted EPS ​ $ 24,203 24,335 ​ $ 0.99

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2020
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) September 30, 2020 (Level 1) (Level 2) (Level 3) Available for sale securities ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 42,064 ​ $ — ​ $ 42,064 ​ $ — Obligations of states and political subdivisions ​ 23,133 ​ — ​ 23,133 ​ — Corporate securities ​ 10,088 ​ — ​ 9,088 ​ 1,000 Trust preferred securities ​ 2,416 ​ — ​ 2,416 ​ — Residential government-sponsored collateralized mortgage obligations ​ 34,035 ​ — ​ 34,035 ​ — Government-sponsored agency securities ​ 6,080 ​ — ​ 6,080 ​ — Agency commercial mortgage-backed securities ​ 28,393 ​ — ​ 28,393 ​ — SBA pool securities ​ 11,687 ​ — ​ 11,687 ​ — Total ​ $ 157,896 ​ $ — ​ $ 156,896 ​ $ 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, 2019 (Level 1) (Level 2) (Level 3) Available for sale securities ​ ​ ​ ​ Residential government-sponsored mortgage-backed securities ​ $ 48,979 ​ $ — ​ $ 48,979 ​ $ — Obligations of states and political subdivisions ​ ​ 17,582 ​ ​ — ​ ​ 17,582 ​ ​ — Corporate securities ​ ​ 2,012 ​ ​ — ​ ​ 1,012 ​ ​ 1,000 Trust preferred securities ​ 2,568 ​ — ​ 2,568 ​ — Residential government-sponsored collateralized mortgage obligations ​ ​ 36,689 ​ ​ — ​ ​ 36,689 ​ ​ — Government-sponsored agency securities ​ ​ 14,822 ​ ​ — ​ ​ 14,822 ​ ​ — Agency commercial mortgage-backed securities ​ ​ 27,731 ​ ​ — ​ ​ 27,731 ​ ​ — SBA pool securities ​ ​ 14,437 ​ ​ — ​ ​ 14,437 ​ ​ — Total ​ $ 164,820 ​ $ — ​ $ 163,820 ​ $ 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) September 30, 2020 (Level 1) (Level 2) (Level 3) Impaired loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 10,192 ​ $ — ​ $ — $ 10,192 Commercial real estate - non-owner occupied (1) ​ 7,009 ​ — ​ — ​ 7,009 Construction and land development ​ 1,749 ​ — ​ — ​ 1,749 Commercial loans ​ 7,298 ​ — ​ — ​ 7,298 Residential 1-4 family (2) ​ 5,929 ​ — ​ — ​ 5,929 Consumer ​ 18 ​ — ​ — ​ 18 Other real estate owned: ​ ​ ​ ​ ​ ​ ​ Commercial real estate - non-owner occupied (1) ​ 1,678 ​ — ​ — ​ 1,678 Construction and land development ​ 2,427 ​ — ​ — ​ 2,427 Residential 1-4 family (2) ​ 1,283 ​ — ​ — ​ 1,283 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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, 2019 (Level 1) (Level 2) (Level 3) Impaired loans: ​ ​ ​ ​ ​ Commercial real estate - owner occupied ​ $ 6,890 ​ $ — ​ $ — ​ $ 6,890 Commercial real estate - non-owner occupied (1) ​ ​ 3,296 ​ ​ — ​ ​ — ​ ​ 3,296 Construction and land development ​ ​ 345 ​ ​ — ​ ​ — ​ ​ 345 Commercial loans ​ 7,547 ​ — ​ — ​ ​ 7,547 Residential 1-4 family (2) ​ 3,862 ​ — ​ — ​ ​ 3,862 Consumer ​ ​ 39 ​ ​ — ​ ​ — ​ ​ 39 Other real estate owned: ​ ​ ​ ​ ​ ​ ​ Commercial real estate - non-owner occupied (1) ​ 1,984 ​ — ​ — ​ ​ 1,984 Construction and land development ​ 2,874 ​ — ​ — ​ ​ 2,874 Residential 1-4 family (2) ​ 1,366 ​ — ​ — ​ ​ 1,366 (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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ December 31, 2019 ​ Fair Value Carrying Fair Carrying Fair ​ ​ Hierarchy Level ​ Amount ​ Value ​ Amount ​ Value Financial assets: ​ ​ ​ ​ Cash and cash equivalents Level 1 ​ $ 149,272 ​ $ 149,272 ​ $ 31,928 ​ $ 31,928 Securities available for sale Level 2 & Level 3 ​ 157,896 ​ 157,896 ​ 164,820 ​ 164,820 Securities held to maturity Level 2 ​ 49,323 ​ 50,551 ​ 72,448 ​ 72,666 Stock in Federal Reserve Bank and Federal Home Loan Bank Level 2 ​ 16,927 ​ 16,927 ​ 17,832 ​ 17,832 Equity investment in mortgage affiliate Level 3 ​ 13,238 ​ 13,238 ​ 5,020 ​ 5,020 Preferred investment in mortgage affiliate Level 3 ​ 3,305 ​ 3,305 ​ 3,305 ​ 3,305 Net loans Level 3 ​ 2,497,930 ​ 2,536,849 ​ 2,175,786 ​ 2,180,487 Accrued interest receivable Level 2 & Level 3 ​ 21,076 ​ 21,076 ​ 8,210 ​ 8,210 Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ Demand deposits and NOW accounts Level 2 ​ $ 940,134 ​ $ 940,134 ​ $ 730,325 ​ $ 730,325 Money market and savings accounts Level 2 ​ 714,655 ​ 714,655 ​ 611,353 ​ 611,353 Time deposits Level 3 ​ 561,685 ​ 568,258 ​ 783,040 ​ 786,420 Securities sold under agreements to repurchase Level 1 ​ 16,181 ​ 16,181 ​ 12,883 ​ 12,883 PPPLF borrowings ​ Level 1 ​ ​ 283,906 ​ ​ 283,906 ​ ​ — ​ ​ — FHLB short term advances Level 1 ​ 100,000 ​ 100,000 ​ 121,640 ​ 121,640 Junior subordinated debt Level 2 ​ 9,669 ​ 8,451 ​ 9,632 ​ 9,206 Senior subordinated notes Level 2 ​ 105,709 ​ 110,610 ​ 47,051 ​ 48,156 Accrued interest payable Level 1 & Level 3 ​ 3,077 ​ 3,077 ​ 4,907 ​ 4,907

ACCOUNTING POLICIES (Narrative)

ACCOUNTING POLICIES (Narrative) (Details)	3 Months Ended	9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2020USD ($)property	Oct. 30, 2020USD ($)	Apr. 30, 2020USD ($)	Jan. 01, 2020USD ($)	Apr. 30, 2019loan
Organization And Significant Accounting Policies [Line Items]
Number of branches | property		42
Goodwill, impairment loss	$ 0
Paycheck Protection Program Loans [Member]
Organization And Significant Accounting Policies [Line Items]
Financing receivable, covered, before allowance for credit loss				$ 348,000,000
Number of domestic loans that have been approved | loan						4,343
Finance receivable covered available to loan	$ 283,900,000	$ 283,900,000
Restatement Adjustment [Member]
Organization And Significant Accounting Policies [Line Items]
Financing receivable, allowance for credit loss					$ 9,000,000
Subsequent Event [Member]
Organization And Significant Accounting Policies [Line Items]
Financing receivable loans modified or request for modifications			$ 80,700,000
Virginia
Organization And Significant Accounting Policies [Line Items]
Number of branches | property		37
Maryland
Organization And Significant Accounting Policies [Line Items]
Number of branches | property		5

STOCK- BASED COMPENSATION (Narr

STOCK- BASED COMPENSATION (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jun. 21, 2017
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	$ 16	$ 12	$ 118	$ 55
Unrecognized compensation expense associated with the stock options	12		$ 12
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, other than options			102,500
Weighted Average Exercise Price, Granted, other than options			$ 14.56
Restricted Stock [Member] | Stock Option Plan 2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	1,400	$ 73		$ 297
Stock-based compensation income	76
Unrecognized compensation expense associated with the other than options	$ 1,200		$ 1,200
Unrecognized compensation cost weighted average recognition period			4 years 6 months

STOCK-BASED COMPENSATION (Sched

STOCK-BASED COMPENSATION (Schedule of Activity in the Stock Option Plan) (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Shares
Options outstanding, beginning of period	555,750
Forfeited	(11,700)
Exercised	(93,250)
Options outstanding, end of period	450,800	555,750
Exercisable at end of period	336,540
Weighted Average Exercise Price
Options outstanding, beginning of period	$ 10.02
Forfeited	10.91
Exercised	7.60
Options outstanding, end of period	10.50	$ 10.02
Exercisable at end of period	$ 9.63
Weighted Average Remaining Contractual Term
Options outstanding	4 years	4 years 3 months 18 days
Exercisable at end of period	3 years 4 months 24 days
Options outstanding, Aggregate Intrinsic Value	$ 0	$ 3,518
Exercisable at end of period - Aggregate Intrinsic Value	$ 0

STOCK-BASED COMPENSATION (Sch_2

STOCK-BASED COMPENSATION (Schedule of activity in the restricted stock plan) (Details) - Restricted Stock [Member] - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Shares
Unvested restricted stock outstanding, beginning of period	86,500
Granted, other than options	102,500
Vested, other than options	(91,800)
Unvested restricted stock outstanding, end of period	97,200	86,500
Weighted Average Exercise Price
Weighted Average Exercise Price, beginning of period	$ 14.85
Weighted Average Exercise Price, Granted, other than options	14.56
Weighted Average Exercise Price, Vested, other than options	12.09
Weighted Average Exercise Price, ending of period	$ 14.20	$ 14.85
Weighted Average Remaining Contractual Term	4 years 1 month 6 days	3 years 9 months 18 days

INVESTMENT SECURITIES (Narrativ

INVESTMENT SECURITIES (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Called investment securities			$ 38,451,000	$ 18,151,000
Investment securities fair values with temporary impairments	$ 17,700,000		17,700,000
OTTI charges related to credit	0	$ 0	0	0
Purchases of available for sale investment securities	14,300,000	10,000,000	29,284,000	35,082,000
Purchases of securities held to maturity	0	$ 10,200,000	15,197,000	$ 10,233,000
Federal Home Loan Bank of Atlanta [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Securities pledged for collateral	$ 101,300,000		$ 101,300,000		$ 120,500,000

INVESTMENT SECURITIES (Schedule

INVESTMENT SECURITIES (Schedule of amortized cost and fair value of securities available-for-sale) (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	$ 153,351	$ 163,628
Gross Unrealized Gains	5,115	1,754
Gross Unrealized Losses	(570)	(562)
Available for sale, fair value	157,896	164,820	[1]
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	40,341	48,540
Gross Unrealized Gains	1,723	455
Gross Unrealized Losses	0	(16)
Available for sale, fair value	42,064	48,979
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	22,332	17,041
Gross Unrealized Gains	917	541
Gross Unrealized Losses	(116)	0
Available for sale, fair value	23,133	17,582
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	10,000	2,004
Gross Unrealized Gains	88	8
Gross Unrealized Losses	0	0
Available for sale, fair value	10,088	2,012
Trust preferred securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	2,530	2,530
Gross Unrealized Gains	176	283
Gross Unrealized Losses	(290)	(245)
Available for sale, fair value	2,416	2,568
Residential Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	33,145	36,511
Gross Unrealized Gains	891	217
Gross Unrealized Losses	(1)	(39)
Available for sale, fair value	34,035	36,689
Government-Sponsored Agency Securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	5,984	14,823
Gross Unrealized Gains	96	47
Gross Unrealized Losses	0	(48)
Available for sale, fair value	6,080	14,822
Commercial Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	27,253	27,557
Gross Unrealized Gains	1,140	192
Gross Unrealized Losses	0	(18)
Available for sale, fair value	28,393	27,731
SBA Pool Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis, Total	11,766	14,622
Gross Unrealized Gains	84	11
Gross Unrealized Losses	(163)	(196)
Available for sale, fair value	$ 11,687	$ 14,437
[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	Sep. 30, 2020	Dec. 31, 2019
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	$ 49,323	$ 72,448	[1]
Gross Unrecognized Gains	1,242	444
Gross Unrecognized Losses	(14)	(226)
Securities held to maturity fair value (in dollars)	50,551	72,666
Residential Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	1,452	3,128
Gross Unrecognized Gains	45	10
Gross Unrecognized Losses	0	(9)
Securities held to maturity fair value (in dollars)	1,497	3,129
US States and Political Subdivisions Debt Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	11,256	15,071
Gross Unrecognized Gains	207	165
Gross Unrecognized Losses	0	(1)
Securities held to maturity fair value (in dollars)	11,463	15,235
US Government Agencies Debt Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	29,831	22,925
Gross Unrecognized Gains	807	62
Gross Unrecognized Losses	(2)	(52)
Securities held to maturity fair value (in dollars)	30,636	22,935
Trust preferred securities
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	1,784	1,938
Gross Unrecognized Gains	0	99
Gross Unrecognized Losses	(12)	(2)
Securities held to maturity fair value (in dollars)	1,772	2,035
Government-Sponsored Agency Securities
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Amortized Cost	5,000	29,386
Gross Unrecognized Gains	183	108
Gross Unrecognized Losses	0	(162)
Securities held to maturity fair value (in dollars)	$ 5,183	$ 29,332
[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	Sep. 30, 2020	Dec. 31, 2019
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to Maturity, due in one to five years, amortized cost	$ 3,410
Held to Maturity, due in five to ten years, amortized cost	2,685
Held to maturity, due after ten years, amortized cost	11,945
Held to maturity, amortized cost	49,323
Held to Maturity, due in one to five years, fair value	3,527
Held to Maturity, due in five to ten years, fair value	2,738
Held to maturity, due after ten years, fair value	12,153
Held to maturity fair value	50,551	$ 72,666
Available for Sale, due in one to five years, amortized cost	2,559
Available for Sale, due in five to ten years, amortized cost	16,095
Available for sale, due after ten years, amortized cost	22,192
Available for sale, amortized cost	153,351	163,628
Available for Sale, due in one to five years, fair value	2,666
Available for Sale, due in five to ten years, fair value	16,616
Available for sale, due after ten years, fair value	22,435
Available for sale, Fair value	157,896	164,820	[1]
US Government Agencies Debt Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to maturity, amortized cost	29,831
Held to maturity fair value	30,636	22,935
Available for sale, amortized cost	40,341	48,540
Available for sale, Fair value	42,064	48,979
Residential Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to maturity, amortized cost	1,452
Held to maturity fair value	1,497	3,129
Available for sale, amortized cost	33,145	36,511
Available for sale, Fair value	34,035	36,689
Commercial Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to maturity, amortized cost	0
Held to maturity fair value	0
Available for sale, amortized cost	27,253	27,557
Available for sale, Fair value	28,393	27,731
SBA Pool Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to maturity, amortized cost	0
Held to maturity fair value	0
Available for sale, amortized cost	11,766	14,622
Available for sale, Fair value	$ 11,687	$ 14,437
[1]	Derived from audited consolidated financial statements

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	Sep. 30, 2020	Dec. 31, 2019
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value	$ 6,386	$ 15,844
Available for sale, less than 12 months, unrealized losses	(117)	(88)
Available for sale, 12 months or more, fair value	9,107	18,232
Available for sale, 12 months or more, unrealized losses	(453)	(474)
Available for sale, total fair value	15,493	34,076
Available for sale, total unrealized losses	(570)	(562)
Held to maturity, less than 12 months, fair value	2,079	18,151
Held to Maturity, less than 12 months unrecognized losses	(11)	(45)
Held to Maturity, 12 months or more, fair value	175	22,859
Held to Maturity, 12 months or more, unrecognized losses	(3)	(181)
Held to maturity, total fair value	2,254	41,010
Held to maturity, total unrecognized losses	(14)	(226)
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		2,686
Available for sale, less than 12 months, unrealized losses		(7)
Available for sale, 12 months or more, fair value		1,758
Available for sale, 12 months or more, unrealized losses		(9)
Available for sale, total fair value		4,444
Available for sale, total unrealized losses		(16)
Held to maturity, less than 12 months, fair value	336	14,978
Held to Maturity, less than 12 months unrecognized losses	(1)	(41)
Held to Maturity, 12 months or more, fair value	146	1,402
Held to Maturity, 12 months or more, unrecognized losses	(1)	(11)
Held to maturity, total fair value	482	16,380
Held to maturity, total unrecognized losses	(2)	(52)
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	6,076
Available for sale, less than 12 months, unrealized losses	(116)
Available for sale, 12 months or more, fair value	0
Available for sale, 12 months or more, unrealized losses	0
Available for sale, total fair value	6,076
Available for sale, total unrealized losses	(116)
Held to maturity, less than 12 months, fair value		2,011
Held to Maturity, less than 12 months unrecognized losses		(1)
Held to Maturity, 12 months or more, fair value		0
Held to Maturity, 12 months or more, unrecognized losses		0
Held to maturity, total fair value		2,011
Held to maturity, total unrecognized losses		(1)
Trust preferred securities
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value	0	0
Available for sale, less than 12 months, unrealized losses	0	0
Available for sale, 12 months or more, fair value	750	795
Available for sale, 12 months or more, unrealized losses	(290)	(245)
Available for sale, total fair value	750	795
Available for sale, total unrealized losses	(290)	(245)
Held to maturity, less than 12 months, fair value	1,743	0
Held to Maturity, less than 12 months unrecognized losses	(10)	0
Held to Maturity, 12 months or more, fair value	29	53
Held to Maturity, 12 months or more, unrecognized losses	(2)	(2)
Held to maturity, total fair value	1,772	53
Held to maturity, total unrecognized losses	(12)	(2)
Residential Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value	310	4,253
Available for sale, less than 12 months, unrealized losses	(1)	(25)
Available for sale, 12 months or more, fair value	0	3,133
Available for sale, 12 months or more, unrealized losses	0	(14)
Available for sale, total fair value	310	7,386
Available for sale, total unrealized losses	(1)	(39)
Held to maturity, less than 12 months, fair value		1,162
Held to Maturity, less than 12 months unrecognized losses		(3)
Held to Maturity, 12 months or more, fair value		571
Held to Maturity, 12 months or more, unrecognized losses		(6)
Held to maturity, total fair value		1,733
Held to maturity, total unrecognized losses		(9)
Government-Sponsored Agency Securities
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value		4,924
Available for sale, less than 12 months, unrealized losses		(48)
Available for sale, 12 months or more, fair value		0
Available for sale, 12 months or more, unrealized losses		0
Available for sale, total fair value		4,924
Available for sale, total unrealized losses		(48)
Held to maturity, less than 12 months, fair value		0
Held to Maturity, less than 12 months unrecognized losses		0
Held to Maturity, 12 months or more, fair value		20,833
Held to Maturity, 12 months or more, unrecognized losses		(162)
Held to maturity, total fair value		20,833
Held to maturity, total unrecognized losses		(162)
Commercial Mortgage Backed Securities [Member]
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Available for sale, less than 12 months, fair value		2,833
Available for sale, less than 12 months, unrealized losses		(6)
Available for sale, 12 months or more, fair value		3,126
Available for sale, 12 months or more, unrealized losses		(12)
Available for sale, total fair value		5,959
Available for sale, total unrealized losses		(18)
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	0	1,148
Available for sale, less than 12 months, unrealized losses	0	(2)
Available for sale, 12 months or more, fair value	8,357	9,420
Available for sale, 12 months or more, unrealized losses	(163)	(194)
Available for sale, total fair value	8,357	10,568
Available for sale, total unrealized losses	$ (163)	$ (196)

INVESTMENT SECURITIES (Schedu_5

INVESTMENT SECURITIES (Schedule of owned pooled trust preferred securities) (Details) - Trust preferred securities $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)
Security
Par value - security	$ 1,905
Book value - security	1,784
Estimated fair value - security	1,772
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	2,530
Estimated fair value - other than temporarily impaired	2,416
Cumulative OTTI Related to Credit Loss	1,060
Par value	5,555
Book value	4,314
Estimated fair value	4,188
Alesco VII A1B Senior [Member] | Moody's, Aa1 Rating [Member] | Fitch, AA Rating [Member]
Security
Par value - security	1,874
Book value - security	1,754
Estimated fair value - security	$ 1,743
Current Deferrals and Defaults - Security	17.00%
Previously Recognized Cumulative Other Comprehensive Loss	$ 219
MMCF III B Senior Sub [Member] | Moody's, Ba1 Rating [Member]
Security
Par value - security	31
Book value - security	30
Estimated fair value - security	$ 29
Current Deferrals and Defaults - Security	48.00%
Previously Recognized Cumulative Other Comprehensive Loss	$ 4
TPREF Funding II Mezzanine [Member] | Moody's, Caa3 Rating [Member]
Other than temporarily impaired
Par value - other than temporarily impaired	1,500
Book value - other than temporarily impaired	1,040
Estimated fair value - other than temporarily impaired	$ 750
Current Deferrals and Defaults - other than temporarily impaired	32.00%
Cumulative OTTI Related to Credit Loss	$ 400
ALESCO V C1 Mezzanine [Member] | Moody's, Caa1 Rating [Member] | Fitch, C Rating [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	$ 1,666
Current Deferrals and Defaults - other than temporarily impaired	15.00%
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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020		Sep. 30, 2019	Dec. 31, 2019	[1]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	$ 381,669	$ 362,792	$ 377,241	[1]	$ 348,290
Net current-period other comprehensive income (loss)	21	587	2,657		3,695
Balance	388,983	370,630	388,983		370,630
Accumulated Other Comprehensive Income (Loss), Net of Tax	3,440		3,440			$ 783
Held-to-maturity Securities [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	(154)	(165)	(160)		(170)
Other comprehensive loss before reclassifications	2	2
Net current-period other comprehensive income (loss)			8		7
Balance	(152)	(163)	(152)		(163)
Accumulated Other Comprehensive Income (Loss) [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	3,419	519	783		(2,589)
Other comprehensive loss before reclassifications	21	587
Net current-period other comprehensive income (loss)			2,657		3,695
Balance	3,440	1,106	3,440		1,106
Unrealized gain (loss) on securities available for sale
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	3,573	684	943		(2,419)
Other comprehensive loss before reclassifications	19	585
Net current-period other comprehensive income (loss)			2,649		3,688
Balance	$ 3,592	$ 1,269	$ 3,592		$ 1,269
[1]	Derived from audited consolidated financial statements

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN LOSSES (Narrative) (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)contract	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Accounts Notes And Loans Receivable [Line Items]
Unpaid principal balance of loans	$ 33,793,000		$ 33,793,000		$ 23,849,000
Accretable discount on the acquired covered loans	1,100,000	$ 901,000	3,600,000	$ 2,700,000
Total loans	2,532,891,000		2,532,891,000		2,185,635,000
Accretable discount on loans	8,500,000		$ 8,500,000		11,200,000
TDRs during period | contract			8
TDR, subsequent default, number of contracts | contract			0
Mortgage loans on real estate, foreclosures			$ 1,300,000		1,400,000
Mortgage loans in process of foreclosure, amount	1,700,000		1,700,000		1,900,000
SBA guaranteed amounts included in nonaccrual loans	4,100,000		4,100,000		4,100,000
TDR amount	1,600,000		1,600,000
Doubtful [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 0		$ 0		$ 0

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Loans, net of Unearned Income) (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	$ 1,945,080	$ 1,937,884
Gross loans	2,532,891	2,185,635
Plus deferred costs on loans	(9,182)	412
Total loans	2,523,709	2,186,047	[1]
Paycheck Protection Program Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	348,022
Gross loans	348,022
GAB acquisition [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans		13,500
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	416,717	414,479
Gross loans	416,717	414,479
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	605,053	559,195
Gross loans	729,333	658,872
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	16,608	17,622
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	120,066	150,750
Gross loans	120,066	150,750
Residential Portfolio Segment [Member] | 1-4 Family Residential
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	581,237	604,777
Gross loans	678,964	713,783
Residential Portfolio Segment [Member] | Loans And Leases Receivable Multi Family Residential [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	107,672	82,055
Residential Portfolio Segment [Member] | Home Equity Loan [Member]
Accounts Notes And Loans Receivable [Line Items]
Total real estate loans	97,727	109,006
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Gross loans	216,711	221,447
Consumer Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Gross loans	$ 23,078	$ 26,304
[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	Sep. 30, 2020	Dec. 31, 2019
With no related allowance recorded
With no related allowance recorded - Recorded Investment	$ 29,903	$ 16,425
With no related allowance recorded - Unpaid Principal Balance	33,793	23,849
With an allowance recorded
With an allowance recorded - Recorded Investment	2,292	5,554
With an allowance recorded - Unpaid Principal Balance	2,304	6,096
With an allowance recorded - Allowance for Loan Losses Allocated	1,080	1,051
Recorded Investment, Grand total	32,195	21,979
Unpaid Principal Balance, Grand total	36,097	29,945
Charge off on recorded investment	1,800	1,500
Loans guaranteed by SBA	200	4,400
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment	10,192	6,890
With no related allowance recorded - Unpaid Principal Balance	11,632	8,530
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment	7,009	3,120
With no related allowance recorded - Unpaid Principal Balance	7,103	3,363
With an allowance recorded
With an allowance recorded - Recorded Investment		176
With an allowance recorded - Unpaid Principal Balance		281
With an allowance recorded - Allowance for Loan Losses Allocated		1
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
With no related allowance recorded
With no related allowance recorded - Recorded Investment	1,749	345
With no related allowance recorded - Unpaid Principal Balance	1,818	747
Residential Portfolio Segment [Member] | 1-4 Family Residential
With no related allowance recorded
With no related allowance recorded - Recorded Investment	5,929	1,021
With no related allowance recorded - Unpaid Principal Balance	6,958	2,719
With an allowance recorded
With an allowance recorded - Recorded Investment		2,841
With an allowance recorded - Unpaid Principal Balance		3,243
With an allowance recorded - Allowance for Loan Losses Allocated		92
Commercial Portfolio Segment [Member]
With no related allowance recorded
With no related allowance recorded - Recorded Investment	5,006	5,049
With no related allowance recorded - Unpaid Principal Balance	6,264	8,490
With an allowance recorded
With an allowance recorded - Recorded Investment	2,292	2,498
With an allowance recorded - Unpaid Principal Balance	2,304	2,533
With an allowance recorded - Allowance for Loan Losses Allocated	1,080	957
Consumer Portfolio Segment [Member]
With no related allowance recorded
With no related allowance recorded - Recorded Investment	18
With no related allowance recorded - Unpaid Principal Balance	$ 18
With an allowance recorded
With an allowance recorded - Recorded Investment		39
With an allowance recorded - Unpaid Principal Balance		39
With an allowance recorded - Allowance for Loan Losses Allocated		$ 1

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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	$ 34,082	$ 16,856	$ 34,102	$ 17,051
With no related allowance recorded, Interest Income Recognized	252	248	745	787
With an allowance recorded
With an allowance recorded, Average Recorded Investment	2,394	3,105	2,456	3,144
With an allowance recorded, Interest Income Recognized		35	1	172
Average Recorded Investment, Grand total	36,476	19,961	36,558	20,195
Interest Income Recognized, Grand total	252	283	746	959
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	11,441	4,562	11,757	4,612
With no related allowance recorded, Interest Income Recognized	109	69	345	227
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	7,011	4,718	7,111	4,774
With no related allowance recorded, Interest Income Recognized	16	69	113	206
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	1,754	379	1,826	396
With no related allowance recorded, Interest Income Recognized	42	15	46	43
Residential Portfolio Segment [Member] | 1-4 Family Residential
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	6,554	1,645	6,983	1,665
With no related allowance recorded, Interest Income Recognized	55	41	115	148
With an allowance recorded
With an allowance recorded, Average Recorded Investment		345		345
With an allowance recorded, Interest Income Recognized		(13)		25
Commercial Portfolio Segment [Member]
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	7,303	5,552	6,406	5,604
With no related allowance recorded, Interest Income Recognized	30	54	126	163
With an allowance recorded
With an allowance recorded, Average Recorded Investment	2,394	2,760	2,456	2,799
With an allowance recorded, Interest Income Recognized		$ 48	1	$ 147
Consumer Portfolio Segment [Member]
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	$ 19		$ 19

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	Oct. 30, 2020	Sep. 30, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		$ 2,621	$ 7,233
Recorded Investment, Nonaccrual Loans		15,270	8,900
Recorded Investment, Loans Not Past Due		2,515,000	2,169,502
Gross loans		2,532,891	2,185,635
Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		2,245	6,896
Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		376	337
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		370	813
Recorded Investment, Nonaccrual Loans		2,788
Recorded Investment, Loans Not Past Due		413,559	413,666
Gross loans		416,717	414,479
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		370	813
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		443	936
Recorded Investment, Nonaccrual Loans		1,537
Recorded Investment, Loans Not Past Due		727,353	657,936
Gross loans		729,333	658,872
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		443	936
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		40	1,021
Recorded Investment, Nonaccrual Loans		1,690
Recorded Investment, Loans Not Past Due		118,336	149,729
Gross loans		120,066	150,750
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		40	746
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			275
Residential Portfolio Segment [Member] | 1-4 Family Residential
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		1,583	4,060
Recorded Investment, Nonaccrual Loans		3,839	2,524
Recorded Investment, Loans Not Past Due		673,542	707,199
Gross loans		678,964	713,783
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		1,211	4,060
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		372
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		76	296
Recorded Investment, Nonaccrual Loans		5,416	6,337
Recorded Investment, Loans Not Past Due		211,219	214,814
Gross loans		216,711	221,447
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		73	234
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		3	62
Consumer Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		109	107
Recorded Investment, Nonaccrual Loans			39
Recorded Investment, Loans Not Past Due		22,969	26,158
Gross loans		23,078	26,304
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		108	$ 107
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Past Due		1
Subsequent Event [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable deferred	$ 80,700
Paycheck Protection Program Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Loans Not Past Due		348,022
Gross loans		$ 348,022

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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020		Sep. 30, 2019
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	$ 23,627	$ 11,613	$ 10,261	[1]	$ 12,283
Provision (recovery)	2,000	150	16,349		350
Charge offs	(86)	(647)	(1,218)		(2,304)
Recoveries			387		872
Recoveries (adjustment)	238	85
Ending balance	25,779	11,201	25,779		11,201
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	3,558	833	810		802
Provision (recovery)	1,480	(113)	4,223		497
Charge offs					(782)
Recoveries			5		202
Recoveries (adjustment)		(1)
Ending balance	5,038	719	5,038		719
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	8,378	1,890	1,720		1,669
Provision (recovery)	330	(281)	6,983		399
Charge offs		(1)			(463)
Recoveries			9		7
Recoveries (adjustment)	4	4
Ending balance	8,712	1,612	8,712		1,612
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			683
Ending balance	724		724
Residential Portfolio Segment [Member] | 1-4 Family Residential
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	3,854	1,127	1,266		1,106
Provision (recovery)	(589)	347	2,208		166
Charge offs	(47)	(315)	(292)		(405)
Recoveries			261		300
Recoveries (adjustment)	225	8
Ending balance	3,443	1,167	3,443		1,167
Commercial Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	5,490	5,834	5,418		7,097
Provision (recovery)	909	133	1,718		(1,235)
Charge offs	(12)	(266)	(834)		(433)
Recoveries			85		337
Recoveries (adjustment)		65
Ending balance	6,387	5,766	6,387		5,766
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	717	802	683		821
Provision (recovery)	7	16	41		(3)
Ending balance	724	818	724		818
Consumer Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	903	273	190		224
Provision (recovery)	(59)	11	701		199
Charge offs	(27)	(65)	(92)		(221)
Recoveries			27		26
Recoveries (adjustment)	9	9
Ending balance	826	228	826		228
Unallocated
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	727	854	174		564
Provision (recovery)	(78)	37	475		327
Ending balance	$ 649	$ 891	649		$ 891
Receivables Acquired Without Deteriorated Credit Quality [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			16,205
Receivables Acquired Without Deteriorated Credit Quality [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			4,223
Receivables Acquired Without Deteriorated Credit Quality [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			6,983
Receivables Acquired Without Deteriorated Credit Quality [Member] | Residential Portfolio Segment [Member] | 1-4 Family Residential
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			2,208
Receivables Acquired Without Deteriorated Credit Quality [Member] | Commercial Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			1,574
Receivables Acquired Without Deteriorated Credit Quality [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			41
Receivables Acquired Without Deteriorated Credit Quality [Member] | Consumer Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			701
Receivables Acquired Without Deteriorated Credit Quality [Member] | Unallocated
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			475
Receivables With Deteriorated Credit Quality [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			144
Receivables With Deteriorated Credit Quality [Member] | Commercial Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Provision (recovery)			$ 144
[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	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019		Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$ 1,080		$ 1,042
Collectively evaluated for impairment	24,699		9,219
Total ending allowance	25,779	$ 23,627	10,261	[1]	$ 11,201	$ 11,613	$ 12,283
Loans:
Individually evaluated for impairment	32,195		19,342
Collectively evaluated for impairment	2,500,696		2,166,293
Total ending loan balances	2,532,891		2,185,635
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	5,038		810
Total ending allowance	5,038	3,558	810		719	833	802
Loans:
Individually evaluated for impairment	10,192		6,890
Collectively evaluated for impairment	406,525		407,589
Total ending loan balances	416,717		414,479
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	8,712		1,720
Total ending allowance	8,712	8,378	1,720		1,612	1,890	1,669
Loans:
Individually evaluated for impairment	7,009		3,120
Collectively evaluated for impairment	722,324		655,752
Total ending loan balances	729,333		658,872
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	724		683
Total ending allowance	724		683
Loans:
Individually evaluated for impairment	1,749		345
Collectively evaluated for impairment	118,317		150,405
Total ending loan balances	120,066		150,750
Residential Portfolio Segment [Member] | 1-4 Family Residential
Ending allowance balance attributable to loans:
Individually evaluated for impairment			85
Collectively evaluated for impairment	3,443		1,181
Total ending allowance	3,443	3,854	1,266		1,167	1,127	1,106
Loans:
Individually evaluated for impairment	5,929		1,443
Collectively evaluated for impairment	673,035		712,340
Total ending loan balances	678,964		713,783
Commercial Portfolio Segment [Member]
Ending allowance balance attributable to loans:
Individually evaluated for impairment	1,080		957
Collectively evaluated for impairment	5,307		4,461
Total ending allowance	6,387	5,490	5,418		5,766	5,834	7,097
Loans:
Individually evaluated for impairment	7,298		7,544
Collectively evaluated for impairment	209,413		213,903
Total ending loan balances	216,711		221,447
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Ending allowance balance attributable to loans:
Total ending allowance	724	717	683		818	802	821
Consumer Portfolio Segment [Member]
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	826		190
Total ending allowance	826	903	190		228	273	224
Loans:
Individually evaluated for impairment	18
Collectively evaluated for impairment	23,060		26,304
Total ending loan balances	23,078		26,304
Unallocated
Ending allowance balance attributable to loans:
Collectively evaluated for impairment	649		174
Total ending allowance	649	$ 727	$ 174		$ 891	$ 854	$ 564
Paycheck Protection Program Loans [Member]
Loans:
Collectively evaluated for impairment	348,022
Total ending loan balances	$ 348,022
[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	Sep. 30, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 2,532,891	$ 2,185,635
Loans guaranteed by SBA	200	4,400
Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	14,168	12,234
Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	19,303	10,497
Loans guaranteed by SBA	200	4,100
Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,499,420	2,162,904
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Total loans	416,717	414,479
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	7,665	3,821
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	6,962	3,975
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	402,090	406,683
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Accounts Notes And Loans Receivable [Line Items]
Total loans	729,333	658,872
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	3,470	4,193
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	4,651	176
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	721,212	654,503
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	120,066	150,750
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,690	690
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	118,376	150,060
Residential Portfolio Segment [Member] | 1-4 Family Residential
Accounts Notes And Loans Receivable [Line Items]
Total loans	678,964	713,783
Residential Portfolio Segment [Member] | 1-4 Family Residential | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	580	666
Residential Portfolio Segment [Member] | 1-4 Family Residential | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	1,818	1,194
Residential Portfolio Segment [Member] | 1-4 Family Residential | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	676,566	711,923
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	216,711	221,447
Commercial Portfolio Segment [Member] | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	2,338	3,432
Commercial Portfolio Segment [Member] | Substandard [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	4,182	4,462
Commercial Portfolio Segment [Member] | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	210,191	213,553
Consumer Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	23,078	26,304
Consumer Portfolio Segment [Member] | Special Mention [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	115	122
Consumer Portfolio Segment [Member] | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	22,963	$ 26,182
Paycheck Protection Program Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	348,022
Paycheck Protection Program Loans [Member] | Pass [Member]
Accounts Notes And Loans Receivable [Line Items]
Total loans	$ 348,022

LEASES (Narrative) (Details)

LEASES (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	[1]
Leases [Abstract]
Operating lease right-of-use assets	$ 7,033		$ 7,033		$ 8,013
Operating Lease, Liability	7,800		7,800		$ 8,469
Lease, Cost	$ 609	$ 625	$ 2,300	$ 1,900
[1]	Derived from audited consolidated financial statements

LEASES (Schedule of operating l

LEASES (Schedule of operating lease other information) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	$ 3,724	$ 3,682
Weighted-average remaining lease term - operating leases, in years	5 years 3 months 18 days	5 years 10 months 24 days
Weighted-average discount rate - operating leases	2.60%	2.80%

LEASES (Schedule of future mini

LEASES (Schedule of future minimum rental payments required under non-cancelable operating leases for bank premises) (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	[1]
Leases [Abstract]
Less than one year	$ 2,125
One to three years	3,456
Three to five years	1,411
More than five years	1,449
Total lease payments	8,441
Less: imputed interest	(641)
Lease liabilities	$ 7,800	$ 8,469
[1]	Derived from audited consolidated financial statements

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Line of Credit Facility [Line Items]
Unfunded lines of credit and undisbursed construction loan funds	$ 348.5	$ 324.8
Letter Of Credit [Member]
Line of Credit Facility [Line Items]
Letters of credit outstanding	$ 13.7	$ 17.7

EARNINGS PER SHARE (Narrative)

EARNINGS PER SHARE (Narrative) (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Earnings Per Share [Abstract]
Anti-dilutive options and warrants (in shares)	0	0	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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Earnings Per Share [Abstract]
Basic EPS - Income (Numerator) (in dollars)	$ 9,588	$ 8,864	$ 14,324	$ 24,203
Effect of dilutive stock options and and unvested restricted stock - Income (Numerator) (in dollars)	0	0	0	0
Net Income (Loss) Available to Common Stockholders, Diluted, Total	$ 9,588	$ 8,864	$ 14,324	$ 24,203
Basic EPS- Weighted Average Shares (Denominator) (in shares)	24,270	24,072	24,229	24,036
Effect of dilutive stock options and and unvested restricted stock- Weighted Average Shares (Denominator) (in shares)	105	302	121	299
Diluted EPS- Weighted Average Shares (Denominator) (in shares)	24,375	24,374	24,350	24,335
Basic EPS - Per Share Amount (in dollars per share)	$ 0.40	$ 0.37	$ 0.59	$ 1.01
Effect of dilutive stock options and and unvested restricted stock- Per Share Amount (in dollars per share)	(0.01)	(0.01)	0	(0.02)
Diluted EPS- Per Share Amount (in dollars per share)	$ 0.39	$ 0.36	$ 0.59	$ 0.99

FAIR VALUE (Narrative) (Details

FAIR VALUE (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019		Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2018
Accounts Notes And Loans Receivable [Line Items]
Impaired loans	$ 32,195,000		$ 32,195,000		$ 21,979,000
Allowances for loan losses	25,779,000	$ 11,201,000	25,779,000	$ 11,201,000	10,261,000	[1]	$ 23,627,000	$ 11,613,000	$ 12,283,000
Other real estate owned	5,388,000		5,388,000		6,224,000	[1]
Loans guaranteed by SBA	200,000		200,000		$ 4,400,000
Impairment loss on equity securities not readily determinable fair values	0	$ 0	$ 0	$ 0
Non-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%
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			10.00%		10.00%
Fair Value, Inputs, Level 3 [Member]
Accounts Notes And Loans Receivable [Line Items]
Allowances for loan losses	1,100,000		$ 1,100,000		$ 1,100,000
Fair Value, Inputs, Level 3 [Member] | Non-covered Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Impaired loans	32,200,000		32,200,000		22,000,000
Loans guaranteed by SBA	$ 200,000		$ 200,000		$ 4,400,000
[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	Sep. 30, 2020	Dec. 31, 2019
Available for sale securities
Available for sale, Fair value	$ 157,896	$ 164,820	[1]
Fair Value, Measurements, Recurring [Member]
Available for sale securities
Available for sale, Fair value	157,896	164,820
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	42,064	48,979
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	23,133	17,582
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	10,088	2,012
Fair Value, Measurements, Recurring [Member] | Residential Mortgage Backed Securities [Member]
Available for sale securities
Available for sale, Fair value	34,035	36,689
Fair Value, Measurements, Recurring [Member] | Government-Sponsored Agency Securities
Available for sale securities
Available for sale, Fair value	6,080	14,822
Fair Value, Measurements, Recurring [Member] | Mortgage-backed securities
Available for sale securities
Available for sale, Fair value	28,393	27,731
Fair Value, Measurements, Recurring [Member] | SBA Pool Securities [Member]
Available for sale securities
Available for sale, Fair value	11,687	14,437
Fair Value, Measurements, Recurring [Member] | Trust preferred securities
Available for sale securities
Available for sale, Fair value	2,416	2,568
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US States and Political Subdivisions Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Residential Mortgage Backed Securities [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Government-Sponsored Agency Securities
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed securities
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | SBA Pool Securities [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Trust preferred securities
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available for sale securities
Available for sale, Fair value	156,896	163,820
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	42,064	48,979
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	23,133	17,582
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	9,088	1,012
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Residential Mortgage Backed Securities [Member]
Available for sale securities
Available for sale, Fair value	34,035	36,689
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Government-Sponsored Agency Securities
Available for sale securities
Available for sale, Fair value	6,080	14,822
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed securities
Available for sale securities
Available for sale, Fair value	28,393	27,731
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | SBA Pool Securities [Member]
Available for sale securities
Available for sale, Fair value	11,687	14,437
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Trust preferred securities
Available for sale securities
Available for sale, Fair value	2,416	2,568
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available for sale securities
Available for sale, Fair value	1,000	1,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US States and Political Subdivisions Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member]
Available for sale securities
Available for sale, Fair value	1,000	1,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Residential Mortgage Backed Securities [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Government-Sponsored Agency Securities
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed securities
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | SBA Pool Securities [Member]
Available for sale securities
Available for sale, Fair value	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Trust preferred securities
Available for sale securities
Available for sale, Fair value	$ 0	$ 0
[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) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 10,192	$ 6,890
Other real estate owned	1,678	1,984
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Owner Occupied | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	10,192	6,890
Other real estate owned	1,678	1,984
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	7,009	3,296
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Non-owner Occupied | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	7,009	3,296
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	2,427	2,874
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	0	0
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	0	0
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	2,427	2,874
Residential Portfolio Segment [Member] | 1-4 Family Residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	5,929	3,862
Other real estate owned	1,283	1,366
Residential Portfolio Segment [Member] | 1-4 Family Residential | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Residential Portfolio Segment [Member] | 1-4 Family Residential | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Other real estate owned	0	0
Residential Portfolio Segment [Member] | 1-4 Family Residential | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	5,929	3,862
Other real estate owned	1,283	1,366
Commercial Portfolio Segment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	7,298	7,547
Commercial Portfolio Segment [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Commercial Portfolio Segment [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Commercial Portfolio Segment [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	7,298	7,547
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,749	345
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	1,749	345
Consumer Portfolio Segment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	18	39
Consumer Portfolio Segment [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Consumer Portfolio Segment [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Consumer Portfolio Segment [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 18	$ 39

FAIR VALUE (Schedule of estimat

FAIR VALUE (Schedule of estimated fair values and fair value hierarchy levels of financial instruments) (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Financial assets:
Securities available for sale	$ 157,896	$ 164,820	[1]
Held To Maturity Securities Fair Value	50,551	72,666
Equity Method Investments, Fair Value Disclosure	13,238	5,020	[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	149,272	31,928
Financial liabilities:
Securities sold under agreements to repurchase	16,181	12,883
PPPLF borrowings	283,906	0
FHLB short term advances	100,000	121,640
Fair Value, Inputs, Level 1 [Member] | Fair Value
Financial assets:
Cash and cash equivalents	149,272	31,928
Financial liabilities:
Securities sold under agreements to repurchase	16,181	12,883
PPPLF borrowings	283,906	0
FHLB short term advances	100,000	121,640
Fair Value, Inputs, Level 2 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial assets:
Held To Maturity Securities Fair Value	49,323	72,448
Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure	16,927	17,832
Financial liabilities:
Demand deposits	940,134	730,325
Money market and savings accounts	714,655	611,353
Junior subordinated debt	9,669	9,632
Senior subordinated notes	105,709	47,051
Fair Value, Inputs, Level 2 [Member] | Fair Value
Financial assets:
Held To Maturity Securities Fair Value	50,551	72,666
Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure	16,927	17,832
Financial liabilities:
Demand deposits	940,134	730,325
Money market and savings accounts	714,655	611,353
Junior subordinated debt	8,451	9,206
Senior subordinated notes	110,610	48,156
Fair Value, Inputs, Level 3 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial assets:
Equity Method Investments, Fair Value Disclosure	13,238	5,020
Preferred investment in mortgage affiliate	3,305	3,305
Net loans	2,497,930	2,175,786
Financial liabilities:
Certificate of deposits	561,685	783,040
Fair Value, Inputs, Level 3 [Member] | Fair Value
Financial assets:
Equity Method Investments, Fair Value Disclosure	13,238	5,020
Preferred investment in mortgage affiliate	3,305	3,305
Net loans	2,536,849	2,180,487
Financial liabilities:
Certificate of deposits	568,258	786,420
Fair Value Inputs Level 1 and Level 3 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial liabilities:
Accrued interest payable	3,077	4,907
Fair Value Inputs Level 1 and Level 3 [Member] | Fair Value
Financial liabilities:
Accrued interest payable	3,077	4,907
Fair Value Inputs Level 2 and Level 3 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial assets:
Securities available for sale	157,896	164,820
Accrued interest receivable	21,076	8,210
Fair Value Inputs Level 2 and Level 3 [Member] | Fair Value
Financial assets:
Securities available for sale	157,896	164,820
Accrued interest receivable	$ 21,076	$ 8,210
[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	Sep. 30, 2020	Dec. 31, 2019
Banking and Thrift [Abstract]
Federal Funds Purchased and Securities Sold under Agreements to Repurchase	$ 16.2	$ 12.9

JUNIOR SUBORDINATED DEBT AND _2

JUNIOR SUBORDINATED DEBT AND SENIOR SUBORDINATED NOTES (Narrative) (Details) - USD ($) $ in Thousands	Aug. 25, 2020	Jan. 20, 2017	Apr. 22, 2015	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019		Jun. 23, 2017	Sep. 17, 2003
Debt Instrument [Line Items]
Proceeds from issuance of subordinated long-term debt					$ 58,686	$ 0
Junior subordinated notes				$ 9,669	9,669		$ 9,632	[1]
Senior subordinated notes - long term				105,709	105,709		$ 47,051	[1]
Subordinated Debt [Member]
Debt Instrument [Line Items]
Proceeds from issuance of subordinated long-term debt	$ 60,000
Interest rate percentage	5.40%
Basis spread on LIBOR	5.31%
Unamortized debt issuance costs				$ 1,900	$ 1,900
Senior Subordinated Notes [Member]
Debt Instrument [Line Items]
Proceeds from issuance of senior long-term debt		$ 27,000
Interest rate percentage		5.875%
Basis spread on LIBOR		3.95%
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				3.20%	3.20%		4.85%
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 issuance of senior long-term debt			$ 20,000
Interest rate percentage			6.50%
Percentage of aggregate principle amount			100.00%
Percentage of subordinated notes considered tier 2				80.00%
Scenario, Adjustment [Member] | Eastern Virginia Bankshares Inc [Member]
Debt Instrument [Line Items]
Senior subordinated notes - long term									$ 1,100
[1]	Derived from audited consolidated financial statements