ENB Financial (ENBP) 10-K 29 Mar 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Feb. 15, 2018	Jun. 30, 2017
Document And Entity Information
Entity Registrant Name	ENB Financial Corp
Entity Central Index Key	1,437,479
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 60,076,731
Entity Common Stock, Shares Outstanding		2,849,823
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 21,867	$ 19,852
Interest-bearing deposits in other banks	31,206	25,780
Total cash and cash equivalents	53,073	45,632
Securities available for sale (at fair value)	319,661	308,111
Loans held for sale	2,892	2,552
Loans (net of unearned income)	597,553	571,567
Less: Allowance for loan losses	8,240	7,562
Net loans	589,313	564,005
Premises and equipment	25,687	22,568
Regulatory stock	5,794	5,372
Bank owned life insurance	27,814	24,687
Other assets	9,388	11,326
Total assets	1,033,622	984,253
Deposits:
Noninterest-bearing	314,917	280,543
Interest-bearing	551,560	536,948
Total deposits	866,477	817,491
Short-term borrowings		8,329
Long-term debt	65,850	61,257
Other liabilities	1,536	2,237
Total liabilities	933,863	889,314
Stockholders' equity:
Common stock, par value $0.20; Shares: Authorized 12,000,000 Issued 2,869,557 and Outstanding 2,849,823 as of 12/31/17 Issued 2,869,557 and Outstanding 2,850,382 as of 12/31/16	574	574
Capital surplus	4,415	4,403
Retained earnings	98,629	95,475
Accumulated other comprehensive loss net of tax	(3,195)	(4,885)
Less: Treasury stock cost on 19,734 shares as of 12/31/17 19,175 shares as of 12/31/16	(664)	(628)
Total stockholders' equity	99,759	94,939
Total liabilities and stockholders' equity	$ 1,033,622	$ 984,253

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.20	$ 0.20
Common stock, authorized	12,000,000	12,000,000
Common stock, issued	2,869,557	2,869,557
Common stock, outstanding	2,849,823	2,850,382
Treasury shares	19,734	19,175

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Interest and dividend income:
Interest and fees on loans	$ 24,253	$ 22,525	$ 20,205
Interest on securities available for sale
Taxable	3,841	1,480	2,969
Tax-exempt	4,248	3,863	3,234
Interest on deposits at other banks	388	138	75
Dividend income	387	335	359
Total interest and dividend income	33,117	28,341	26,842
Interest expense:
Interest on deposits	1,929	2,067	2,484
Interest on borrowings	1,010	987	1,260
Total interest expense	2,939	3,054	3,744
Net interest income	30,178	25,287	23,098
Provision for loan losses	940	325	150
Net interest income after provision for loan losses	29,238	24,962	22,948
Other income:
Trust and investment services income	1,776	1,475	1,286
Service fees	2,669	2,259	2,019
Commissions	2,303	2,169	2,033
Gains on securities transactions, net	675	2,370	2,840
Gains on sale of mortgages	1,715	1,512	806
Earnings on bank-owned life insurance	688	785	726
Other income	495	574	345
Total other income	10,321	11,144	10,055
Operating expenses:
Salaries and employee benefits	19,340	16,769	14,796
Occupancy	2,413	2,183	2,092
Equipment	1,166	1,091	1,126
Advertising & marketing	698	614	552
Computer software & data processing	2,210	1,831	1,594
Shares tax	859	807	781
Professional services	1,673	1,590	1,443
Other expense	2,518	2,315	2,351
Total operating expenses	30,877	27,200	24,735
Income before income taxes	8,682	8,906	8,268
Provision for federal income taxes	2,338	1,353	1,358
Net income	$ 6,344	$ 7,553	$ 6,910
Earnings per share of common stock	$ 2.23	$ 2.65	$ 2.42
Cash dividends paid per share	$ 1.12	$ 1.09	$ 1.08
Weighted average shares outstanding	2,849,084	2,850,610	2,853,310

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 6,344	$ 7,553	$ 6,910
Securities available for sale not other-than-temporarily impaired:
Unrealized gains (losses) arising during the period	3,235	(4,649)	941
Income tax effect	(1,100)	1,580	(320)
Total	2,135	(3,069)	621
Gains recognized in earnings	(675)	(2,370)	(2,840)
Income tax effect	230	806	965
Total	(445)	(1,564)	(1,875)
Other comprehensive income (loss), net of tax	1,690	(4,633)	(1,254)
Comprehensive Income	$ 8,034	$ 2,920	$ 5,656

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Capital Surplus [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Total
Balance, beginning at Dec. 31, 2014	$ 574	$ 4,375	$ 87,200	$ 1,002	$ (384)	$ 92,767
Net income			6,910			6,910
Other comprehensive income net of tax				(1,254)		(1,254)
Treasury stock purchased					(752)	(752)
Treasury stock issued		20			492	512
Cash dividends paid			(3,081)			(3,081)
Balance, ending at Dec. 31, 2015	574	4,395	91,029	(252)	(644)	95,102
Net income			7,553			7,553
Other comprehensive income net of tax				(4,633)		(4,633)
Treasury stock purchased					(465)	(465)
Treasury stock issued		8			481	489
Cash dividends paid			(3,107)			(3,107)
Balance, ending at Dec. 31, 2016	574	4,403	95,475	(4,885)	(628)	94,939
Net income			6,344			6,344
Other comprehensive income net of tax				1,690		1,690
Treasury stock purchased					(568)	(568)
Treasury stock issued		12			532	544
Cash dividends paid			(3,190)			(3,190)
Balance, ending at Dec. 31, 2017	$ 574	$ 4,415	$ 98,629	$ (3,195)	$ (664)	$ 99,759

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended												12 Months Ended			17 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2017
Statement of Stockholders' Equity [Abstract]
Treasury stock purchased, shares													16,500	14,000	22,935	42,635
Treasury stock issued, shares													15,941	14,858	15,623
Cash dividends paid, per share	$ 0.28	$ 0.28	$ 0.28	$ 0.28	$ 0.28	$ 0.27	$ 0.27	$ 0.27	$ 0.27	$ 0.27	$ 0.27	$ 0.27	$ 1.12	$ 1.09	$ 1.08

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net income	$ 6,344	$ 7,553	$ 6,910
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization of securities premiums and discounts and loan fees	3,892	6,481	6,268
Decrease (increase) in interest receivable	66	(150)	106
Increase (decrease) in interest payable	1	(72)	(130)
Provision for loan losses	940	325	150
Gains on securities transactions, net	(675)	(2,370)	(2,840)
Gains on sale of mortgages	(1,715)	(1,512)	(806)
Loans originated for sale	(42,847)	(46,556)	(25,863)
Proceeds from sales of loans	44,222	46,642	26,049
Earnings on bank-owned life insurance	(688)	(785)	(726)
Loss on sale of other real estate owned			30
Depreciation of premises and equipment and amortization of software	1,624	1,623	1,548
Net decrease (increase) in deferred income tax	1,496	(381)	275
Other assets and other liabilities, net	(1,310)	(354)	(563)
Net cash provided by operating activities	11,350	10,444	10,408
Securities available for sale:
Proceeds from maturities, calls, and repayments	21,864	59,094	45,941
Proceeds from sales	80,642	163,085	154,384
Purchases	(114,269)	(251,616)	(199,023)
Proceeds from sale of other real estate owned			176
Purchase of regulatory bank stock	(2,920)	(2,267)	(1,511)
Redemptions of regulatory bank stock	2,498	1,209	424
Purchase of bank-owned life insurance	(2,439)	(33)	(2,540)
Net increase in loans	(26,693)	(51,507)	(49,695)
Purchases of premises and equipment, net	(4,510)	(2,280)	(689)
Purchase of computer software	(118)	(326)	(180)
Net cash used for investing activities	(45,945)	(84,641)	(52,713)
Cash flows from financing activities:
Net increase in demand, NOW, and savings accounts	61,181	96,929	60,876
Net decrease in time deposits	(12,195)	(19,500)	(20,465)
Net increase (decrease) in short-term borrowings	(8,329)	(407)	8,736
Proceeds from long-term debt	19,593	17,163	12,794
Repayments of long-term debt	(15,000)	(15,500)	(15,500)
Dividends paid	(3,190)	(3,107)	(3,081)
Proceeds from sale of treasury stock	544	489	512
Treasury stock purchased	(568)	(465)	(752)
Net cash provided by financing activities	42,036	75,602	43,120
Increase in cash and cash equivalents	7,441	1,405	815
Cash and cash equivalents at beginning of period	45,632	44,227	43,412
Cash and cash equivalents at end of period	53,073	45,632	44,227
Supplemental disclosures of cash flow information:
Interest paid	2,938	3,126	3,874
Income taxes paid	1,725	1,840	1,067
Supplemental disclosure of non-cash investing and financing activities:
Net transfer of other real estate owned from loans			137
Fair value adjustments for securities available for sale	$ (2,560)	$ 7,019	$ (1,899)

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations ENB Financial Corp, through its wholly owned subsidiary, Ephrata National Bank, provides financial services to Northern Lancaster County and surrounding communities. ENB Financial Corp, a bank holding company, was formed on July 1, 2008, to become the parent company of Ephrata National Bank, which existed as a stand-alone national bank since its formation on April 11, 1881. The Corporation’s wholly owned subsidiary, Ephrata National Bank, offers a full array of banking services including loan and deposit products for both personal and commercial customers, as well as trust and investment services, through twelve full-service office locations. Basis of Presentation The consolidated financial statements of ENB Financial Corp and its subsidiary, Ephrata National Bank, (collectively “the Corporation”) conform to U.S. generally accepted accounting principles (GAAP). The preparation of these statements requires that management make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Material estimates of the Corporation, including the allowance for loan losses, the fair market value of financial instruments, and deferred tax assets or liabilities, are evaluated regularly by management. Actual results could differ from the reported estimates given different conditions or assumptions. The accounting and reporting policies followed by the Corporation conform with U.S. GAAP and to general practices within the banking industry. All significant intercompany transactions have been eliminated in consolidation. The following is a summary of the more significant policies. Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents are identified as cash and due from banks and include cash on hand, collection items, amounts due from banks, and interest bearing deposits in other banks with maturities of less than 90 days. Securities Available for Sale The Corporation classifies its entire portfolio of debt and equity securities as available for sale securities, which the Corporation reports at fair value. Any unrealized valuation gains or losses in the portfolio are reported as a separate component of stockholders' equity, net of deferred income taxes. The constant yield method is used for the amortization of premiums and the accretion of discounts for all of the Corporation’s securities with the exception of collateralized mortgage obligations (CMOs) and mortgage backed securities (MBS). The constant yield method maintains a stable yield on the instrument through its maturity. For CMOs and MBS, a two-step/proration method is used for amortization and accretion. The first step is a proration based on the current pay down. This component ensures that the book price stays level with par. The second step amortizes or accretes the remaining premium or discount to the calculated final amortization or accretion date based on the current three-month constant prepayment rates. Net gains or losses realized on sales or calls of securities are reported as gains or losses on security transactions during the year of sale, using the specific identification method. Other Than Temporary Impairment (“OTTI”) Management monitors all of the Corporation’s securities for OTTI on a monthly basis and determines whether any impairment should be recorded. A number of factors are considered in determining whether a security is impaired, including, but not limited to, the following: · Percentage of unrealized losses, · Period of time the security has had unrealized losses, · Type of security, · Maturity date of the instrument if a debt instrument, · The intent to sell the security or whether it is more likely than not that the Corporation would be required to sell the security before its anticipated recovery in market value, · Amount of projected credit losses based on current cash flow analysis, default and severity rates, and · Market dynamics impacting the market for and liquidity of the security. Management will more closely evaluate those securities that have unrealized losses of 10% or more and have had unrealized losses for more than twelve months. If management determines that the declines in value of the security are not temporary, or if management does not have the ability to hold the security until maturity, which is the case with equity securities, then management will record impairment on the security. For equity securities, typically the amount of impairment is the difference between the security’s book value and current fair market value determined by obtaining independent market pricing. For debt securities evaluated for impairment, management will determine what portion of the unrealized valuation loss is attributed to projected or known loss of principal, and what portion is attributed to market pricing not reflective of the true value of the security, based on current cash flow analysis. Management will generally record impairment equivalent to the projected or known loss of principal, known as the credit loss. The other portion of the fair market value loss is attributed to market factors and it is management’s opinion that these fair value losses are temporary and not permanent. All impairment is recorded as a loss on securities and is included in the Corporation’s Consolidated Statements of Income. Loans Held for Investment Loans receivable, that management has the intent and ability to hold for the foreseeable future, or until maturity or payoff, generally are reported at the outstanding principal balances, reduced by any charge-offs and net of any deferred loan origination fees or costs. Net loan origination fees and costs are deferred and recognized as an adjustment of yield over the contractual life of the loan. Interest accrues daily on outstanding loan balances. Generally, the accrual of interest discontinues when the ability to collect the loan becomes doubtful or when a loan becomes more than 90 days past due as to principal and interest. These loans are referred to as non-accrual loans. Management may elect to continue the accrual of interest based on the expectation of future payments and/or the sufficiency of the underlying collateral. Loans Held for Sale Loans originated and intended for sale on the secondary market are carried at the lower of cost or fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. In general, fixed-rate residential mortgage loans originated by the Corporation and held for sale are carried in the aggregate at the lower of cost or market. The Corporation originates loans for immediate sale with servicing retained and servicing released to several investors. However, the vast majority of the sold mortgages are sold to the Federal Home Loan Bank of Pittsburgh (FHLB) and Fannie Mae, with servicing retained. As a result, the Corporation has a growing portfolio of mortgages that are serviced on behalf of FHLB and Fannie Mae. In addition, the Corporation originates FHA, VA, and USDA mortgages which are originated for immediate sale to various investors on a service-released basis. Allowance for Loan Losses The allowance for loan losses is maintained at a level considered by management to be adequate to provide for known and inherent risks in the loan portfolio at the Consolidated Balance Sheets dates. The monthly provision or credit for loan losses is an expense or a reduction of expense which increases or decreases the allowance, and charge-offs, net of recoveries, decrease the allowance. The Corporation performs ongoing credit reviews of the loan portfolio and considers current economic conditions, historical loan loss experience, and other factors in determining the adequacy of the reserve balance. Loans determined to be uncollectible are charged to the allowance during the period in which such determination is made. In calculating the allowance, management will begin by compiling the balance of loans by credit quality for each loan segment in order that allocations can be made in aggregate based on historic losses and qualitative factors. Prior to calculating these aggregate allocations, management will individually evaluate commercial and commercial real estate loans for impairment. A loan is impaired when it is probable that a creditor will be unable to collect all principal and interest due according to the contractual terms of the loan agreement. All other loan types such as residential mortgages, home equity loans and lines of credit, and all other consumer loans, are not individually evaluated for impairment and are therefore allocated for in aggregate. These loans are considered to be large groups of smaller-balance homogenous loans and are measured for impairment collectively. Loans that experience insignificant payment delays, which are defined as 90 days or less, generally are not classified as impaired. Management determines the significance of payment delays on a case-by-case basis, taking into consideration all circumstances concerning the loan, the creditworthiness and payment history of the borrower, the length of the payment delay, and the amount of shortfall in relation to the principal and interest owed. For loans deemed to be impaired, management will provide a specific allocation. This loan balance is then subtracted from the total loan balances being allocated for in the aggregate. The remaining balances, along with the full loan balances for the other loan types are then multiplied by an adjusted loss ratio, which is the sum of both the historical loss ratio and a qualitative factor adjustment. Generally both the historical loss ratio and the qualitative factor adjustment will increase as the credit rating of the loan deteriorates. The credit ratings begin with unclassified loans, which represent the best internal credit rating, also referred to as a “pass” credit and then continue with declining grades of special mention, substandard, doubtful, and loss. Special mention loans are no longer deemed to be a “pass” credit and require additional management attention. They are essentially placed on “watched” status and attempts are made to improve the credit to an unclassified status. If the credit would deteriorate further it would then be a substandard credit, which for regulatory purposes, is deemed to be a classified loan. Doubtful and loss credit grades represent further credit deterioration and are also considered classified loans. For each loan type, all of these credit rating categories are broken out with adjusted loss ratios. The loan balance is then multiplied by the adjusted loss ratio to produce the required allowance. The allowances are totaled and added to any specific allocations on impaired loans to arrive at the total allowance for loan losses for the Corporation. Management tracks and assigns a historical loss percentage for each loan rating category within each loan type. A rolling three-year historical loss ratio, calculated on a quarterly basis, with a 60%, 30%, and 10% weighting for the past three years is used. In this manner the historical loss percentage is heavily weighted to the current loss environment, but has sufficient weighting assigned to prior periods to avoid unnecessary volatile fluctuations based on just one period’s data. Management currently utilizes nine qualitative factors that are adjusted based on changes in the lending environment and economic conditions. The qualitative factors include the following: · levels of and trends in delinquencies, non-accruals, and charge-offs, · trends in the nature and volume of the loan portfolio, · changes in lending policies and procedures, · experience, ability, and depth of lending personnel and management oversight, · national and local economic trends, · concentrations of credit, · external factors such as competition, legal, and regulatory requirements, · changes in the quality of loan review and Board oversight, · changes in the value of underlying collateral. The number of qualitative factors can change. Factors can be added for new risks or taken away if the risk no longer applies. Each loan type will have its own risk profile and management will evaluate and adjust each qualitative factor for each loan type quarterly, if necessary. For example, if one area of the loan portfolio is experiencing sharp increases in growth, it is likely the qualitative factor for trends in the loan portfolio would be increased for that loan type. As levels of delinquencies and non-accrual loans decline for any segment of the loan portfolio it is likely that factor would be reduced. In terms of the Corporation’s loan portfolio, the commercial and industrial loans and commercial real estate loans are deemed to have more risk than the consumer real estate loans and other consumer loans in the portfolio. The commercial loans not secured by real estate are highly dependent on their financial condition and therefore are more dependent on economic conditions. The commercial loans secured by real estate are also dependent on economic conditions but generally have stronger forms of collateral. More recently, commercial real estate has been negatively impacted by devaluation so these commercial loans carry a higher qualitative factor for changes in the value of collateral. The commercial loans and commercial real estate loans have historically been responsible for the majority of the Corporation’s delinquencies, non-accrual loans, and charge-offs, so both of these categories carry higher qualitative factors than consumer real estate loans and other consumer loans. Of particular focus currently is the dairy component of the Corporation’s agricultural loans. The decline in milk prices continues to put financial pressure on these operations and management has increased qualitative factors over the year to reflect this. The Corporation has historically experienced very low levels of consumer real estate and consumer loan charge-offs so these qualitative factors are set lower than the commercial real estate and commercial and industrial loans. Impaired and Non-Accrual Loans The definition of “impaired loans” is not the same as the definition of “non-accrual loans,” although the two categories overlap. Generally, a non-accrual loan will always be considered impaired due to payment delinquency or uncertain collection, but there are cases where an impaired loan is not considered non-accrual. The primary factors considered by management in determining impairment include payment status and collateral value, but could also include debt service coverage, financial health of the business, and other external factors that could impact the ability of the borrower to fully repay the loan. The amount of impairment for these types of loans is determined by the difference between the present value of the expected cash flows related to the loan using the original interest rate and its recorded value or, as a practical expedient in the case of collateral-dependent loans, the difference between the fair value of the collateral and the recorded amount of the loan. When foreclosure is probable, impairment is measured based on the fair value of the collateral on a discounted basis, relative to the loan amount. Management will place a business or commercial loan on non-accrual status when it is determined that the loan is impaired, or when the loan is 90 days past due with a history of prolonged periods of delinquency. These customers will generally be placed on non-accrual status at the end of each quarter. Consumer loans over 90 days delinquent are generally charged off or, in the case of larger residential real estate loans, they would be placed on non-accrual status as the Corporation seeks to bring the customer current or pursue foreclosure options. When the borrower is on non-accrual, the Corporation will reverse any accrued interest on the books and will discontinue recognizing any interest income until the borrower is placed back on accrual status or fully pays off the loan balance plus any accrued interest. Payments received by the customer while the loan is on non-accrual are fully applied against principal. The Corporation maintains records of the full amount of interest that is owed by the borrower. A non-accrual loan will generally only be placed back on accrual status after the borrower has become current and has demonstrated six consecutive months of non-delinquency. Allowance for Off-Balance Sheet Extensions of Credit The Corporation maintains an allowance for off-balance sheet extensions of credit, which would include any unadvanced amount on lines of credit and any letters of credit provided to borrowers. The allowance is carried as a liability and is included in other liabilities on the Corporation’s Consolidated Balance Sheets. The liability was $317,000 as of December 31, 2017, and $345,000 as of December 31, 2016. As the unadvanced portion of lines of credit increases, this provision will increase. Management follows the same methodology as the allowance for loan losses when calculating the allowance for off-balance sheet extensions of credit, with the exception of multiplying the unadvanced total by a high/low balance variance to arrive at the expected unadvanced portion that could be drawn upon at any time, or the amount at risk. The unadvanced amounts for each loan segment are broken down by credit classification. A historical loss ratio and qualitative factor are calculated for each credit classification by loan type. The historical loss ratio and qualitative factor are combined to produce an adjusted loss ratio, which is multiplied by the amount at risk for each credit classification within each loan segment to arrive at an allocation. The allocations are summed to arrive at the total allowance for off-balance sheet extensions of credit. Other Real Estate Owned (OREO) OREO represents properties acquired through customer loan defaults. These properties are recorded at the lower of cost or fair value less projected disposal costs at acquisition date. Fair value is determined by current appraisals. Costs associated with holding OREO are charged to operational expense. OREO is a component of other assets on the Corporation’s Consolidated Balance Sheets. The Corporation had no OREO as of December 31, 2017, or December 31, 2016. Mortgage Servicing Rights (MSRs) The Corporation has agreements for the express purpose of selling residential mortgage loans on the secondary market, referred to as mortgage servicing rights. The Corporation maintains all servicing rights for loans currently sold through FHLB and Fannie Mae. The Corporation had $661,000 of MSRs as of December 31, 2017, compared to $410,000 as of December 31, 2016. Management expects MSRs to continue to grow as a result of the expanded mortgage program. The value of newly originated MSRs is determined by estimating the life of the mortgage and how long the Corporation will have access to the servicing income stream to determine the relative fair value. The Corporation utilizes a third party that calculates the MSR valuation on a quarterly basis. A longer estimated life would increase the MSR while a shorter estimated life would decrease the value of the asset. Management records the MSR value based on this reporting. Ultimately the value of the MSRs would be at what level a willing buyer and seller would exchange the MSRs. MSRs are amortized in proportion to the estimated servicing income over the estimated life of the servicing portfolio. Impairment is evaluated based on the fair value of the rights, portfolio interest rates, and prepayment characteristics. MSRs are a component of other assets on the Consolidated Balance Sheets. Premises and Equipment Land is carried at cost. Premises and equipment are carried at cost, less accumulated depreciation. Book depreciation is computed using straight-line methods over the estimated useful lives of generally fifteen to thirty-nine years for buildings and improvements and four to ten years for furniture and equipment. Maintenance and repairs of property and equipment are charged to operational expense as incurred, while major improvements are capitalized. Net gains or losses upon disposition are included in other income or operational expense, as applicable. Transfer of Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Bank-Owned Life Insurance (BOLI) BOLI is carried by the Corporation at the cash surrender value of the underlying policies. Income earned on the policies is based on any increase in cash surrender value less the cost of the insurance, which varies according to age and health of the insured. The life insurance policies owned by the Corporation had a cash surrender value of $27,814,000 and $24,687,000 as of December 31, 2017, and 2016, respectively. The increase in BOLI cash surrender value was primarily due to $2.5 million of additional policies being purchased in December of 2017, with the remainder of the increase attributable to normal appreciation of existing policies as a result of returns exceeding expenses. Advertising Costs The Corporation expenses advertising costs as incurred. Advertising costs for the years ended December 31, 2017, 2016, and 2015, were $698,000, $614,000, and $552,000, respectively. Income Taxes An asset and liability approach is followed for financial accounting and reporting for income taxes. Accordingly, a net deferred tax asset or liability is recorded in the consolidated financial statements for the tax effects of temporary differences, which are items of income and expense reported in different periods for income tax and financial reporting purposes. Deferred tax expense is determined by the change in the assets or liabilities related to deferred income taxes. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Earnings per Share The Corporation currently maintains a simple capital structure with no stock option plans that would have a dilutive effect on earnings per share. Earnings per share are calculated by dividing net income by the weighted-average number of shares outstanding for the periods. Comprehensive Income The Corporation is required to present comprehensive income in a full set of general-purpose consolidated financial statements for all periods presented. Other comprehensive income (loss) consists of unrealized holding gains and losses on the available for sale securities portfolio. Segment Disclosure U.S. generally accepted accounting principles establish standards for the manner in which public business enterprises report information about segments in the annual financial statements and requires that those enterprises report selected information about operating segments in interim financial reports issued to shareholders. It also establishes standards for related disclosures regarding financial products and services, geographic areas, and major customers. The Corporation has only one operating segment consisting of its banking and fiduciary operations. Pension Plans The Corporation provides an optional 401(k) plan, in which employees may elect to defer pre-tax salary dollars, subject to the maximum annual Internal Revenue Service contribution amounts. The Corporation will match 50% of employee contributions up to 5%, limiting the match to 2.5%. As part of the 401(k) Plan, the Corporation also has a noncontributory Profit Sharing Plan which covers substantially all employees. The Corporation provides a 3% Non-Elective contribution to all employees and contributes a 2% Elective Contribution to all employees aged 21 or older who work 1,000 or greater hours in a calendar year and have completed at least one full year of employment. Trust Assets and Income Assets held by ENB’s Money Management Group in a fiduciary or agency capacity for customers are not included in the Corporation’s Consolidated Balance Sheets since these items are not assets of the Corporation. In accordance with banking industry practice, trust income is recognized on a cash basis; as such income does not differ significantly from amounts that would be recognized on an accrual basis. Trust income is reported in the Corporation’s Consolidated Statements of Income under other income. Reclassification of Comparative Amounts Certain comparative amounts for the prior year have been reclassified to conform to current-year classifications. Such reclassifications had no material effect on net income or stockholders’ equity. Recently Issued Accounting Standards In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU 2016-04, Liabilities – In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606). Revenue from Contracts with Customers (Topic 606), Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606). Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date In May 2016, the FASB issued ASU 2016-12, Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740) In October 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230) In December 2016, the FASB issued ASU 2016-20 , Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers Guarantees In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805), Clarifying the Definition of a Business In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment after December 15, 2021. This Update is not expected to have a significant impact on the Corporation’s financial statements. In February 2017, the FASB issued ASU 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20). beginning after December 15, 2018, and interim reporting periods within annual reporting periods beginning after December 15, 2019. This Update is not expected to have a significant impact on the Corporation’s financial statements. In February 2017, the FASB issued ASU 2017-06 , Plan Accounting: Defined Benefit Pension Plans (Topic 960), Defined Contribution Pension Plans (Topic 962), and Health and Welfare Benefit Plans (Topic 965) This Update relates primarily to the reporting by an employee benefit plan for its interest in a master trust, which is a trust for which a regulated financial institution serves as a trustee or custodian and in which assets of more than one plan sponsored by a single employer or by a group of employers under common control are held. For each master trust in which a plan holds an interest, the amendments in this Update require a plan's interest in that master trust and any change in that interest to be presented in separate line items in the statement of net assets available for benefits and in the statement of changes in net assets available for benefits, respectively. The amendments in this Update remove the requirement to disclose the percentage interest in the master trust for plans with divided interests and require that all plans disclose the dollar amount of their interest in each of those general types of investments, which supplements the existing requirement to disclose the master trusts balances in each general type of investments. There are also increased disclosure requirements for investments in master In March 2017, the FASB issued ASU 2017-07, Compensation—Retirement Benefits (Topic 715) In March 2017, the FASB issued ASU 2017-08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20). In May 2017, the FASB issued ASU 2017-09, Compensation – Stock Compensation (Topic 718) available for issuance. The amendments in this Update should be applied prospectively to an award modified on or after the adoption date. This Update is not expected to have a significant impact on the Corporation’s financial statements. In May 2017, the FASB issued ASU 2017-10, Service Concession Arrangements (Topic 853) Revenue from Contracts with Customers (Topic 606)) Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , deferred the effective date of Update 2014-09 by one year. This Update is not expected to have a significant impact on the Corporation’s financial statements. In July 2017, the FASB issued ASU 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivative and Hedging (Topic 815) Debt—Debt with Conversion and Other Options amendments in Part II of this Update do not require any transition guidance because those amendments do not have an accounting effect. This Update is not expected to have a significant impact on the Corporation’s financial statements. In August 2017, the FASB issued ASU 2017-12, Derivatives and Hedging (Topic 850) an entity adopts the amendments in this Update. The amended presentation and disclosure guidance is required only prospectively. This Update is not expected to have a significant impact on the Corporation’s financial statements. In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842) date and transition requirements for the amendments are the same as the effective date and transition requirements in ASU 2016-02. This Update is not expected to have a significant impact on the Corporation’s financial statements. In February 2018, the FASB issued ASU 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220)

SECURITIES AVAILABLE FOR SALE

SECURITIES AVAILABLE FOR SALE	12 Months Ended
	Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]
SECURITIES AVAILABLE FOR SALE	NOTE B - SECURITIES AVAILABLE FOR SALE (DOLLARS IN THOUSANDS) The amortized cost and fair value of securities held at December 31, 2017, and 2016, are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value $ $ $ $ December 31, 2017 U.S. government agencies 35,101 — (749 ) 34,352 U.S. agency mortgage-backed securities 52,981 8 (916 ) 52,073 U.S. agency collateralized mortgage obligations 55,493 46 (898 ) 54,641 Corporate bonds 61,334 24 (589 ) 60,769 Obligations of states and political subdivisions 114,047 243 (2,047 ) 112,243 Total debt securities 318,956 321 (5,199 ) 314,078 Marketable equity securities 5,547 36 — 5,583 Total securities available for sale 324,503 357 (5,199 ) 319,661 December 31, 2016 U.S. government agencies 33,124 — (863 ) 32,261 U.S. agency mortgage-backed securities 56,826 22 (979 ) 55,869 U.S. agency collateralized mortgage obligations 38,737 41 (842 ) 37,936 Corporate bonds 52,928 8 (845 ) 52,091 Obligations of states and political subdivisions 128,428 346 (4,344 ) 124,430 Total debt securities 310,043 417 (7,873 ) 302,587 Marketable equity securities 5,469 55 — 5,524 Total securities available for sale 315,512 472 (7,873 ) 308,111 The amortized cost and fair value of debt securities available for sale at December 31, 2017, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities due to certain call or prepayment provisions. CONTRACTUAL MATURITY OF DEBT SECURITIES (DOLLARS IN THOUSANDS) Amortized Cost Fair Value $ $ Due in one year or less 18,451 18,223 Due after one year through five years 122,859 121,231 Due after five years through ten years 68,321 67,020 Due after ten years 109,325 107,604 Total debt securities 318,956 314,078 Securities available for sale with a par value of $64,580,000 and $63,726,000 at December 31, 2017 and 2016, respectively, were pledged or restricted for public funds, borrowings, or other purposes as required by law. The fair market value of these pledged securities was $66,157,000 at December 31, 2017, and $65,770,000 at December 31, 2016. Proceeds from active sales of debt securities available for sale, along with the associated gross realized gains and gross realized losses, are shown below. Realized gains and losses are computed on the basis of specific identification. PROCEEDS FROM SALES OF SECURITIES AVAILABLE FOR SALE (DOLLARS IN THOUSANDS) Securities Available for Sale 2017 2016 2015 $ $ $ Proceeds from sales 80,642 163,085 154,384 Gross realized gains 946 2,457 2,934 Gross realized losses 271 87 94 The bottom portion of the above table shows the net gains on security transactions, including any impairment taken on securities held by the Corporation. The net gain or loss from security transactions is also reflected on the Corporation’s Consolidated Statements of Income and Consolidated Statements of Cash Flows. Information pertaining to securities with gross unrealized losses at December 31, 2017, and December 31, 2016, aggregated by investment category and length of time that individual securities have been in a continuous loss position follows: TEMPORARY IMPAIRMENTS OF SECURITIES (DOLLARS IN THOUSANDS) Less than 12 months More than 12 months Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses $ $ $ $ $ $ As of December 31, 2017 U.S. government agencies 9,941 (59 ) 24,411 (690 ) 34,352 (749 ) U.S. agency mortgage-backed securities 10,326 (78 ) 37,123 (838 ) 47,449 (916 ) U.S. agency collateralized mortgage obligations 29,551 (280 ) 20,980 (618 ) 50,531 (898 ) Corporate bonds 38,543 (282 ) 15,019 (307 ) 53,562 (589 ) Obligations of states & political subdivisions 15,188 (142 ) 68,278 (1,905 ) 83,466 (2,047 ) Total temporarily impaired securities 103,549 (841 ) 165,811 (4,358 ) 269,360 (5,199 ) As of December 31, 2016 U.S. government agencies 32,261 (863 ) — — 32,261 (863 ) U.S. agency mortgage-backed securities 47,418 (856 ) 3,989 (123 ) 51,407 (979 ) U.S. agency collateralized mortgage obligations 33,206 (842 ) — — 33,206 (842 ) Corporate bonds 45,335 (830 ) 2,002 (15 ) 47,337 (845 ) Obligations of states & political subdivisions 101,229 (4,063 ) 8,041 (281 ) 109,270 (4,344 ) Total temporarily impaired securities 259,449 (7,454 ) 14,032 (419 ) 273,481 (7,873 ) In the debt security portfolio, there are 187 positions carrying unrealized losses as of December 31, 2017. There were no instruments considered to be other-than-temporarily impaired at December 31, 2017. The Corporation evaluates both equity and fixed income positions for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic and market concerns warrant such evaluation. Equity investments are bank stocks held by the Corporation with no maturity date, whereas the fixed income positions are bonds held by the Corporation with fixed maturity dates. U.S. generally accepted accounting principles provide for the bifurcation of OTTI into two categories: (a) the amount of the total OTTI related to a decrease in cash flows expected to be collected from the debt security (the credit loss), which is recognized in earnings, and (b) the amount of total OTTI related to all other factors, which is recognized, net of taxes, as a component of accumulated other comprehensive income (loss).

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	NOTE C - LOANS AND ALLOWANCE FOR LOAN LOSSES The following table presents the Corporation’s loan portfolio by category of loans for 2017 and 2016. LOAN PORTFOLIO (DOLLARS IN THOUSANDS) December 31, 2017 2016 $ $ Commercial real estate Commercial mortgages 90,072 86,434 Agriculture mortgages 152,050 163,753 Construction 18,670 24,880 Total commercial real estate 260,792 275,067 Consumer real estate (a) 1-4 family residential mortgages 176,971 150,253 Home equity loans 11,181 10,391 Home equity lines of credit 61,104 53,127 Total consumer real estate 249,256 213,771 Commercial and industrial Commercial and industrial 41,426 42,471 Tax-free loans 20,722 13,091 Agriculture loans 18,794 21,630 Total commercial and industrial 80,942 77,192 Consumer 5,320 4,537 Gross loans prior to deferred costs and allowance for loan losses 596,310 570,567 Deferred loan costs, net 1,243 1,000 Allowance for loan losses (8,240 ) (7,562 ) Total net loans 589,313 564,005 (a) Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $98,262,000 and $66,767,000 as of December 31, 2017, and 2016, respectively. The Corporation grades commercial credits differently than consumer credits. The following tables represent all of the Corporation’s commercial credit exposures by internally assigned grades as of December 31, 2017 and 2016. The grading analysis estimates the capability of the borrower to repay the contractual obligations under the loan agreements as scheduled or at all. The Corporation's internal commercial credit risk grading system is based on experiences with similarly graded loans. The Corporation's internally assigned grades for commercial credits are as follows: · Pass – loans which are protected by the current net worth and paying capacity of the obligor or by the value of the underlying collateral. · Special Mention – loans where a potential weakness or risk exists, which could cause a more serious problem if not corrected. · Substandard – loans that have a well-defined weakness based on objective evidence and characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected. · Doubtful – loans classified as doubtful have all the weaknesses inherent in a substandard asset. In addition, these weaknesses make collection or liquidation in full highly questionable and improbable, based on existing circumstances. · Loss – loans classified as a loss are considered uncollectible, or of such value that continuance as an asset is not warranted. COMMERCIAL CREDIT EXPOSURE CREDIT RISK PROFILE BY INTERNALLY ASSIGNED GRADE (DOLLARS IN THOUSANDS) Commercial Commercial Agriculture and Tax-free Agriculture December 31, 2017 Mortgages Mortgages Construction Industrial Loans Loans Total $ $ $ $ $ $ $ Grade: Pass 86,259 143,037 17,670 37,947 20,514 17,798 323,225 Special Mention 160 3,873 — 1,015 208 270 5,526 Substandard 3,653 5,140 1,000 2,464 — 726 12,983 Doubtful — — — — — — — Loss — — — — — — — Total 90,072 152,050 18,670 41,426 20,722 18,794 341,734 COMMERCIAL CREDIT EXPOSURE CREDIT RISK PROFILE BY INTERNALLY ASSIGNED GRADE (DOLLARS IN THOUSANDS) Commercial Commercial Agriculture and Tax-free Agriculture December 31, 2016 Mortgages Mortgages Construction Industrial Loans Loans Total $ $ $ $ $ $ $ Grade: Pass 78,367 155,820 23,880 36,887 13,091 20,245 328,290 Special Mention 4,860 5,360 — 1,955 — 653 12,828 Substandard 3,207 2,573 1,000 3,629 — 732 11,141 Doubtful — — — — — — — Loss — — — — — — — Total 86,434 163,753 24,880 42,471 13,091 21,630 352,259 For consumer loans, the Corporation evaluates credit quality based on whether the loan is considered performing or non-performing. A consumer loan is considered non-performing when it is over 90 days past due. Management will generally charge off consumer loans more than 120 days past due for closed end loans and over 180 days for open-end consumer loans. The following table presents the balances of consumer loans by classes of the loan portfolio based on payment performance as of December 31, 2017 and 2016: CONSUMER CREDIT EXPOSURE CREDIT RISK PROFILE BY PAYMENT PERFORMANCE (DOLLARS IN THOUSANDS) 1-4 Family Home Equity December 31, 2017 Residential Home Equity Lines of Mortgages Loans Credit Consumer Total Payment performance: $ $ $ $ $ Performing 176,576 11,181 61,074 5,305 254,136 Non-performing 395 — 30 15 440 Total 176,971 11,181 61,104 5,320 254,576 CONSUMER CREDIT EXPOSURE CREDIT RISK PROFILE BY PAYMENT PERFORMANCE (DOLLARS IN THOUSANDS) 1-4 Family Home Equity December 31, 2016 Residential Home Equity Lines of Mortgages Loans Credit Consumer Total Payment performance: $ $ $ $ $ Performing 149,873 10,388 53,127 4,536 217,924 Non-performing 380 3 — 1 384 Total 150,253 10,391 53,127 4,537 218,308 The following tables present an age analysis of the Corporation’s past due loans, segregated by loan portfolio class, as of December 31, 2017 and 2016: AGING OF LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Loans December 31, 2017 Greater Receivable > 30-59 Days 60-89 Days than 90 Total Past Total Loans 90 Days and Past Due Past Due Days Due Current Receivable Accruing $ $ $ $ $ $ $ Commercial real estate Commercial mortgages — — 372 372 89,700 90,072 — Agriculture mortgages — — — — 152,050 152,050 — Construction — — — — 18,670 18,670 — Consumer real estate 1-4 family residential mortgages 533 248 395 1,176 175,795 176,971 395 Home equity loans 40 — — 40 11,141 11,181 — Home equity lines of credit — — 30 30 61,074 61,104 30 Commercial and industrial Commercial and industrial 65 109 — 174 41,252 41,426 — Tax-free loans — — — — 20,722 20,722 — Agriculture loans — — — — 18,794 18,794 — Consumer 8 3 15 26 5,294 5,320 15 Total 646 360 812 1,818 594,492 596,310 440 AGING OF LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Loans December 31, 2016 Greater Receivable > 30-59 Days 60-89 Days than 90 Total Past Total Loans 90 Days and Past Due Past Due Days Due Current Receivable Accruing $ $ $ $ $ $ $ Commercial real estate Commercial mortgages — 419 417 836 85,598 86,434 — Agriculture mortgages 165 — — 165 163,588 163,753 — Construction — — — — 24,880 24,880 — Consumer real estate 1-4 family residential mortgages 565 662 380 1,607 148,639 150,253 380 Home equity loans 178 — 3 181 10,307 10,391 3 Home equity lines of credit — — — — 53,037 53,127 — Commercial and industrial Commercial and industrial 266 — 75 341 42,130 42,471 — Tax-free loans — — — — 13,091 13,091 — Agriculture loans — — — — 21,630 21,630 — Consumer 16 4 1 21 4,516 4,537 1 Total 1,190 1,085 876 3,151 567,416 570,567 384 As of December 31, 2017, 2016, and 2015, all of the Corporation’s loans on non-accrual status were also considered impaired. Interest income on loans would have increased by approximately $24,000, ,000 The following table presents non-accrual loans by classes of the loan portfolio as of December 31: NON-ACCRUAL LOANS BY LOAN CLASS (DOLLARS IN THOUSANDS) 2017 2016 $ $ Commercial real estate Commercial mortgages 393 646 Agriculture mortgages — — Construction — — Consumer real estate 1-4 family residential mortgages — — Home equity loans — — Home equity lines of credit — — Commercial and industrial Commercial and industrial — 75 Tax-free loans — — Agriculture loans — — Consumer — — Total 393 721 During 2017 there was one loan modification made causing a loan to be considered a troubled debt restructuring (TDR). A TDR is a loan where management has granted a concession to a borrower that is experiencing financial difficulty. A concession is generally defined as more favorable payment or credit terms granted to a borrower in an effort to improve the likelihood of the lender collecting principal in its entirety. Concessions usually are in the form of interest only for a period of time, or a lower interest rate offered in an effort to enable the borrower to continue to make normally scheduled payments. The loan classified as a TDR during 2017 was an agricultural loan with a principal balance at December 31, 2017, of $245,000. The concession granted to the borrower was an interest-only period initially running for three months to March 31, 2017. However, in April 2017, that deferral period was extended for an additional three months, causing management to classify the loan as a TDR. The concession period ended June 30, 2017. Subsequent to June 30, 2017, the borrower resumed normal principal and interest payments as of July 2017. There were no loans classified as a TDR in 2016 or 2015. The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2017: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 393 690 — 585 4 Agriculture mortgages 1,174 1,174 — 1,210 54 Construction — — — — — Total commercial real estate 1,567 1,864 — 1,795 58 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans 245 245 — 163 7 Total commercial and industrial 245 245 — 163 7 Total with no related allowance 1,812 2,109 — 1,958 65 With an allowance recorded: Commercial real estate Commercial mortgages — — — — — Agriculture mortgages — — — — — Construction — — — — — Total commercial real estate — — — — — Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with a related allowance — — — — — Total by loan class: Commercial real estate Commercial mortgages 393 690 — 585 4 Agriculture mortgages 1,174 1,174 — 1,210 54 Construction — — — — — Total commercial real estate 1,567 1,864 — 1,795 58 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans 245 245 — 163 7 Total commercial and industrial 245 245 — 163 7 Total 1,812 2,109 — 1,958 65 The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2016: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 646 743 — 768 2 Agriculture mortgages 1,248 1,248 — 1,285 55 Construction — — — — — Total commercial real estate 1,894 1,991 — 2,053 57 Commercial and industrial Commercial and industrial 75 75 — 76 — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial 75 75 — 76 — Total with no related allowance 1,969 2,066 — 2,129 57 With an allowance recorded: Commercial real estate Commercial mortgages — — — — — Agriculture mortgages — — — — — Construction — — — — — Total commercial real estate — — — — — Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with a related allowance — — — — — Total by loan class: Commercial real estate Commercial mortgages 646 743 — 768 2 Agriculture mortgages 1,248 1,248 — 1,285 55 Construction — — — — — Total commercial real estate 1,894 1,991 — 2,053 57 Commercial and industrial Commercial and industrial 75 75 — 76 — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial 75 75 — 76 — Total 1,969 2,066 — 2,129 57 The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2015: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 380 952 — 544 — Agriculture mortgages 1,325 1,325 — 1,359 83 Construction — — — — — Total commercial real estate 1,705 2,277 — 1,903 83 Commercial and industrial Commercial and industrial — 49 — 54 3 Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — 49 — 54 3 Total with no related allowance 1,705 2,326 — 1,957 86 With an allowance recorded: Commercial real estate Commercial mortgages — — — — — Agriculture mortgages — — — — — Construction — — — — — Total commercial real estate — — — — — Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with a related allowance — — — — — Total by loan class: Commercial real estate Commercial mortgages 380 952 — 544 — Agriculture mortgages 1,325 1,325 — 1,359 83 Construction — — — — — Total commercial real estate 1,705 2,277 — 1,903 83 Commercial and industrial Commercial and industrial — 49 — 54 3 Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — 49 — 54 3 Total 1,705 2,326 — 1,957 86 The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2017: ALLOWANCE FOR CREDIT LOSSES AND RECORDED INVESTMENT IN LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Commercial Commercial Consumer and Real Estate Real Estate Industrial Consumer Unallocated Total $ $ $ $ $ $ Allowance for credit losses: Beginning balance 3,795 1,652 1,552 82 481 7,562 Charge-offs (200 ) — (89 ) (28 ) — (317 ) Recoveries — 20 24 11 — 55 Provision (credit) 268 380 342 33 (83 ) 940 Ending balance 3,863 2,052 1,829 98 398 8,240 Ending balance: individually evaluated for impairment — — — — — — Ending balance: collectively evaluated for impairment 3,863 2,052 1,829 98 398 8,240 Loans receivable: Ending balance 260,792 249,256 80,942 5,320 596,310 Ending balance: individually evaluated for impairment 1,567 — 245 — 1,812 Ending balance: collectively evaluated for impairment 259,225 249,256 80,697 5,320 594,498 The dollar amount of the allowance increased for all loan segments since December 31, 2016. Loan growth and higher charge-off amounts resulted in higher allowance balances but delinquencies, non-performing loans, and classified loans were all down from prior years’ levels. The higher charge-offs in 2017 increased the historical loss adjustments in the commercial real estate and commercial and industrial pools causing the associated allowance to increase in those areas. The primary reason for the increase in allowance in the consumer real estate segment was due to a significant 16.6% increase in loan balances as well as increases in some qualititative factors related to this segment. The December 31, 2017 ending balance of the allowance was up $678,000, or 9.0%, from December 31, 2016, and the allowance as a percentage of total loans was up from 1.32% as of December 31, 2016, to 1.38% as of December 31, 2017. The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2016: ALLOWANCE FOR CREDIT LOSSES AND RECORDED INVESTMENT IN LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Commercial Commercial Consumer and Real Estate Real Estate Industrial Consumer Unallocated Total $ $ $ $ $ $ Allowance for credit losses: Beginning balance 3,831 1,403 1,314 62 468 7,078 Charge-offs — — (23 ) (31 ) — (54 ) Recoveries — 10 193 10 — 213 Provision (credit) (36 ) 239 68 41 13 325 Ending balance 3,795 1,652 1,552 82 481 7,562 Ending balance: individually evaluated for impairment — — — — — — Ending balance: collectively evaluated for impairment 3,795 1,652 1,552 82 481 7,562 Loans receivable: Ending balance 275,067 213,771 77,192 4,537 570,567 Ending balance: individually evaluated for impairment 1,894 — 75 — 1,969 Ending balance: collectively evaluated for impairment 273,173 213,771 77,117 4,537 568,598 The dollar amount of the allowance increased for all loan segments with the exception of commercial real estate since December 31, 2015. Loan growth resulted in higher allowance balances but delinquencies, non-performing loans, and classified loans were all down from prior years’ levels so the Corporation was not carrying as large of an allowance as a percentage of total loans. The amount of allowance allocated to commercial real estate remained at nearly the same level as the prior year. While commercial real estate loans increased $14.2 million, or 5.4%, from December 31, 2015 to December 31, 2016, the allowance remained at the same level due to improvements in the qualitative factors. The growth rate of agricultural real estate lending slowed significantly and commercial real estate outside of agricultural real estate showed a slight decline. While commercial real estate construction accounted for the majority of the commercial real estate growth, the health of the Corporation’s developers had improved from 2015 to 2016 not requiring any additional reserves. The December 31, 2016 ending balance of the allowance was up $484,000, or 6.8%, from December 31, 2015, but the allowance as a percentage of total loans declined from 1.36% as of December 31, 2015, to 1.32% as of December 31, 2016. The Corporation recorded provision expense for the consumer real estate segment to compensate for 7% growth in the residential mortgage portfolio and 32% growth in home equity loans. A smaller provision was recorded for commercial and industrial loans to account for 1% growth coupled with a five basis point increase in the qualitative factor adjustment for that pool. Provision expense of $41,000 was booked against the consumer loan segment in response to $31,000 of charge-offs and a 16.6% increase in unsecured consumer loan balances. The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2015: ALLOWANCE FOR CREDIT LOSSES AND RECORDED INVESTMENT IN LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Commercial Commercial Consumer and Real Estate Real Estate Industrial Consumer Unallocated Total $ $ $ $ $ $ Allowance for credit losses: Beginning balance 3,834 1,367 1,301 66 573 7,141 Charge-offs (272 ) (28 ) (44 ) (18 ) — (362 ) Recoveries 34 — 112 3 — 149 Provision (credit) 235 64 (55 ) 11 (105 ) 150 Ending balance 3,831 1,403 1,314 62 468 7,078 Ending balance: individually evaluated for impairment — — — — — — Ending balance: collectively evaluated for impairment 3,831 1,403 1,314 62 468 7,078 Loans receivable: Ending balance 260,900 181,200 73,577 3,892 519,569 Ending balance: individually evaluated for impairment 1,705 — — — 1,705 Ending balance: collectively evaluated for impairment 259,195 181,200 73,577 3,892 517,864 The dollar amount of the allowance for all major loan segments did not change materially from December 31, 2014 to December 31, 2015, however the allowance as a percentage of loan balances did decline for all segments. Delinquencies, non-performing loans, and classified loans were all down from prior years’ levels so the Corporation was not carrying as large of an allowance as a percentage of total loans. The December 31, 2015 ending balance of the allowance was down $63,000, or 0.9%, from December 31, 2014. The Corporation recorded provision expense for the commercial real estate segment to compensate for increased charge-off activity in that segment. Provision expense was also recorded for the consumer real estate and consumer segments of the portfolio, but at smaller levels primarily due to limited charge-offs and growth within those portfolios. The Corporation was able to record a credit provision for the commercial and industrial segment due to continued improvements in credit loss experience and additional recoveries received. Commercial and industrial charge-offs in 2015 were only $44,000, while recoveries totaled $112,000. This enabled management to record a $55,000 credit provision for this segment.

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
PREMISES AND EQUIPMENT	NOTE D – PREMISES AND EQUIPMENT (DOLLARS IN THOUSANDS ) The major classes of the Corporation’s premises and equipment and accumulated depreciation are as follows: December 31, 2017 2016 $ $ Land 5,043 3,787 Buildings and improvements 26,424 26,307 Furniture and equipment 13,510 12,970 Construction in process 2,773 180 Total 47,750 43,244 Less accumulated depreciation (22,063 ) (20,676 ) Premises and equipment 25,687 22,568 Depreciation expense, which is included in operating expenses, amounted to $1,391,000 for 2017, $1,408,000 for 2016, and $1,440,000 for 2015. The construction in process category represents expenditures for ongoing projects. When construction is completed, these amounts will be reclassified into buildings and improvements, and/or furniture and equipment. Depreciation only begins when the project or asset is placed into service. As of December 31, 2017, the construction in process consists primarily of costs associated with the building of the permanent branch office in Strasburg, PA which was opened for business in January of 2018.

REGULATORY STOCK

REGULATORY STOCK	12 Months Ended
	Dec. 31, 2017
Federal Home Loan Bank Stock and Federal Reserve Bank Stock [Abstract]
REGULATORY STOCK	NOTE E – REGULATORY STOCK The Bank is a member of the Federal Home Loan Bank (FHLB) of Pittsburgh, which is one of 12 regional Federal Home Loan Banks. Each FHLB serves as a reserve or central bank for its members within its assigned region. As a member, the Bank is required to purchase and maintain stock in the FHLB in an amount equal to 0.10% of its asset value plus an additional 4% of its outstanding advances from the FHLB and mortgage partnership finance loans sold to the FHLB. At December 31, 2017, the Bank held $5,606,000 in stock of the FHLB compared to $5,184,000 as of December 31, 2016. The FHLB repurchases excess capital stock on a quarterly basis and pays a quarterly dividend on stock held by the Corporation. The FHLB’s quarterly dividend yield was 5.00% annualized on activity stock and 2.00% annualized on membership stock as of December 31, 2017. Most of the Corporation’s dividend is based on the activity stock, which is based on the amount of borrowings and mortgage activity with FHLB. Subsequent to December 31, 2017, but prior to the filing of this Form 10-K report, the FHLB of Pittsburgh declared a first quarter 2018 dividend, based on 2017 results, with a yield of 6.75% annualized based on activity stock and 3.50% annualized on membership stock. The Corporation will continue to monitor the financial condition of the FHLB quarterly to assess its ability to continue to regularly repurchase excess capital stock and pay a quarterly dividend. The Corporation also owned $151,000 of Federal Reserve Bank stock and $37,000 of Atlantic Community Bancshares, Inc. stock, the Bank Holding Company of ACBB, as of December 31, 2017 and December 31, 2016.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2017
Deposits:
DEPOSITS	NOTE F – DEPOSITS (DOLLARS IN THOUSANDS) Deposits by major classifications are summarized as follows: December 31, 2017 2016 $ $ Non-interest bearing demand 314,917 280,543 Interest-bearing demand 20,230 20,108 NOW accounts 86,758 85,540 Money market deposit accounts 105,994 93,943 Savings accounts 189,169 175,753 Time deposits under $250,000 143,073 151,988 Time deposits of $250,000 or more 6,336 9,616 Total deposits 866,477 817,491 At December 31, 2017, the scheduled maturities of time deposits are as follows: 2018 64,234 2019 29,406 2020 22,479 2021 22,355 2022 10,935 Total 149,409

SHORT TERM BORROWINGS

SHORT TERM BORROWINGS	12 Months Ended
	Dec. 31, 2017
Short-term Debt [Abstract]
SHORT TERM BORROWINGS	NOTE G – SHORT TERM BORROWINGS (DOLLARS IN THOUSANDS) Short-term borrowings consist of Federal funds purchased that mature one business day from the transaction date, overnight borrowings from the Federal Reserve Discount Window, and FHLB advances with a term of less than one year. A summary of short-term borrowings is as follows for the years ended December 31, 2017, 2016, and 2015: 2017 2016 2015 $ $ $ Total short-term borrowings outstanding at year end — 8,329 8,736 Average interest rate at year end — 0.65 0.29 Maximum outstanding at any month end 28,674 16,532 13,666 Average amount outstanding for the year 7,331 11,087 8,720 Weighted-average interest rate for the year 0.75% 0.49% 0.34% As of December 31, 2017, the Corporation had approved unsecured Federal funds lines of $32 million. The Corporation also has the ability to borrow through the FRB Discount Window. The amount of borrowing available through the Discount Window was $29.8 million as of December 31, 2017. For further information on borrowings from the FHLB see Note H.

OTHER BORROWED FUNDS

OTHER BORROWED FUNDS	12 Months Ended
	Dec. 31, 2017
Long-term Debt, Unclassified [Abstract]
OTHER BORROWED FUNDS	NOTE H – OTHER BORROWED FUNDS (DOLLARS IN THOUSANDS) Maturities of other borrowings at December 31, 2017, and 2016, are summarized as follows: December 31, 2017 2016 Weighted- Weighted- Average Average Amount Rate Amount Rate $ % $ % FHLB fixed rate loans 2017 — — 15,000 1.26 2018 14,625 1.25 11,650 1.22 2019 12,237 1.53 9,267 1.58 2020 10,677 1.59 10,677 1.59 2021 14,505 1.72 9,443 1.59 2022 13,806 1.72 5,220 1.26 Total other borrowings 65,850 1.56 61,257 1.41 All of the Corporation’s long term borrowed funds were through the FHLB of Pittsburgh as of December 31, 2017. As a member of the FHLB of Pittsburgh, the Corporation has access to significant credit facilities. Borrowings from FHLB are secured with a blanket security agreement and the required investment in FHLB member bank stock. As part of the security agreement, the Corporation maintains unencumbered qualifying assets (principally 1-4 family residential mortgage loans) in an amount at least as much as the advances from the FHLB. Additionally, all of the Corporation’s FHLB stock is pledged to secure these advances. The Corporation had an FHLB maximum borrowing capacity of $352.3 million as of December 31, 2017, with remaining borrowing capacity of $286.5 million. The borrowing arrangement with the FHLB is subject to annual renewal. The maximum borrowing capacity is recalculated quarterly.

CAPITAL TRANSACTIONS

CAPITAL TRANSACTIONS	12 Months Ended
	Dec. 31, 2017
Class of Stock Disclosures [Abstract]
CAPITAL TRANSACTIONS	NOTE I – CAPITAL TRANSACTIONS On June 17, 2015, the Board of Directors of ENB Financial Corp announced the approval of a new plan to purchase, in open market and privately negotiated transactions, up to 140,000 shares of its outstanding common stock. Shares repurchased are being held as treasury shares to be utilized in connection with the Corporation’s three stock purchase plans. The first purchase of common stock under this plan occurred on July 31, 2015. As of December 31, 2017, a total of 42,635 shares were repurchased under this plan at a weighted-average cost per share of $33.54. Currently, the following three stock purchase plans are in place: · a nondiscriminatory employee stock purchase plan (ESPP), which allows employees to purchase shares at a 10% discount from the stock’s fair market value at the end of each quarter, · a dividend reinvestment plan (DRP), and; · a directors’ stock purchase plan (DSPP). The ESPP was started in 2001 and is the largest of the three plans. There were 8,162 shares issued through the ESPP in 2017 with 100,652 shares issued since existence. The DRP was started in 2005 and has grown to nearly as large as the ESPP with 6,368 shares issued in 2017 and 91,437 total shares issued since existence. Lastly, the DSPP was started in 2010 as an additional option for board compensation. This plan is limited to outside directors. Only 1,411 shares were issued in connection with this plan in 2017 and 16,236 since existence. In 2016, there were 6,880 shares issued through the ESPP, 6,265 shares issued through the DRP, and 1,713 shares issued through the DSPP. The plans are beneficial to the Corporation as all reissued shares increase capital and since dividends are paid out in the form of additional shares, the plans act as a source of funds. The total amount of shares issued from Treasury for these plans collectively in 2017, 2016, and 2015 was 15,941, 14,858, and 15,623, respectively. All plans issue shares from treasury shares acquired. During 2017, 15,941 shares were reissued from treasury shares in connection with the plans. As of December 31, 2017, the Corporation held 19,734 treasury shares, at a weighted-average cost of $33.65 per share, with a cost basis of $664,000.

RETIREMENT PLANS

RETIREMENT PLANS	12 Months Ended
	Dec. 31, 2017
Retirement Benefits [Abstract]
RETIREMENT PLANS	NOTE J – RETIREMENT PLANS The Corporation provides an optional 401(k) plan, in which employees may elect to defer pre-tax or after-tax salary dollars, subject to the maximum annual Internal Revenue Service contribution amounts. The contribution maximum for 2017, 2016, and 2015 was $18,000, for persons under age 50, and for persons over age 50 was $24,000 in all three years. The Corporation matches employee contributions into the 401(k) plan at a rate of 50% on the first 5.0% of employee contributions. The Corporation’s cost for this 401(k) match was $316,000, $266,000 and $225,000 for 2017, 2016, and 2015, respectively. Effective January 1, 2016, the Corporation consolidated its Money Purchase Pension Plan and 401(k) Savings Plan. In the process of the consolidation the Money Purchase Pension feature was discontinued and replaced with a Non-Elective Safe Harbor feature and a Non-Elective Employer Contribution feature. Under the new plan, the Corporation provides a Non-Elective Safe Harbor Contribution equal to 3% of all employees’ compensation for the year. Additionally, the Corporation may contribute a Non-Elective Employer Contribution of up to 2% annually to all employees aged 21 or older who work 1,000 or greater hours in a calendar year and have met the eligibility requirements of the plan. In year 2015, the Corporation provided 5% of all employee compensation in the Money Purchase Pension Plan for qualifying employees. The qualification for the Non-Elective Employer Contribution under the new 401(k) Savings Plan mirrors the requirements of the Money Purchase Pension Plan. Effective January 1, 2016, the balance of the Money Purchase Pension Plan was transferred into the new 401(k) Savings Plan. For purposes of the new 401(k) Savings Plan and the former Money Purchase Pension Plan, covered compensation was limited to $270,000 in 2017 and $265,000 in 2016 and 2015. Total expenses of the plan were $704,000, $651,000, and $497,000, for 2017, 2016, and 2015, respectively. The Corporation’s new 401(k) Savings Plan is fully funded as all obligations are funded monthly. Employees who have met the eligibility requirements of the new plan have the potential to receive employer contributions of 7.5% of their compensation. Employees that contributed at least 5% of their compensation into the new 401(k) Savings Plan will continue to receive an employer matching contribution of 2.5% of their compensation. Employees who met the eligibility requirements under the new 401(k) Savings Plan will receive a Non-Elective Safe Harbor Contribution of 3% of their compensation and may receive a Non-Elective Employer Contribution of 2% of their compensation.

DEFERRED COMPENSATION

DEFERRED COMPENSATION	12 Months Ended
	Dec. 31, 2017
Deferred Compensation Arrangements [Abstract]
DEFERRED COMPENSATION	NOTE K - DEFERRED COMPENSATION Prior to 1999, directors of the Corporation had the ability to defer their directors’ fees into a directors’ deferred compensation plan. Directors electing to defer their compensation signed a contract that allowed the Corporation to take out a life insurance policy on the director designed to fund the future deferred compensation obligation, which is paid out over a ten-year period at retirement age. A contract and life insurance policy was taken out for each period of pay deferred. The amount of deferred compensation to be paid to each director was actuarially determined based on the amount of life insurance the annual directors’ fees were able to purchase. This amount varies for each director depending on age, general health, and the number of years until the director is entitled to begin receiving payments. The Corporation is the owner and beneficiary of all life insurance policies on the directors. At the time the directors’ pay was deferred, the Corporation used the amount of the annual directors’ fees to pay the premiums on the life insurance policies. The Corporation could continue to pay premiums after the deferment period, or could allow the policies to fund annual premiums through loans against the policy’s cash surrender value. The Corporation has continued to pay the premiums on the life insurance policies and no loans exist on the policies. The life insurance policies had an aggregate face amount of $3,409,000 for December 31, 2017, and December 31, 2016. The death benefits totaled $6,680,000 at December 31, 2017, and $6,399,000 at December 31, 2016. The cash surrender value of the above policies totaled $4,775,000 and $4,726,000 as of December 31, 2017, and 2016, respectively. The net present value of the vested portion of deferred payments totaled $130,000 at December 31, 2017, and $279,000 at December 31, 2016. The interest rate used to discount these obligations was 4.50% for 2017 and 2016. These net present value amounts are included in other liabilities on the Corporation’s Consolidated Balance Sheets. Total charges to expense for deferred compensation amounted to $9,000 for 2017, $16,000 for 2016, and $23,000 for 2015, and are included in other operating expenses in the Consolidated Statements of Income.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE L - INCOME TAXES Federal income tax expense as reported differs from the amount computed by applying the statutory Federal income tax rate to income before taxes. A reconciliation of the differences by amount and percent is as follows: FEDERAL INCOME TAX SUMMARY (DOLLARS IN THOUSANDS) Year Ended December 31, 2017 2016 2015 $ % $ % $ % Income tax at statutory rate 2,952 34.0 3,028 34.0 2,811 34.0 Tax-exempt interest income (1,620 ) (18.7 ) (1,478 ) (16.6 ) (1,270 ) (15.4 ) Non-deductible interest expense 72 0.8 52 0.6 39 0.5 Bank-owned life insurance (234 ) (2.7 ) (267 ) (3.0 ) (247 ) (3.0 ) Other 37 0.4 18 0.2 25 0.3 Change in corporate tax rate 1,131 13.1 — — — — Income tax expense 2,338 26.9 1,353 15.2 1,358 16.4 The ability to realize the benefit of deferred tax assets is dependent upon a number of factors, including the generation of future taxable income, the ability to carry back losses to recover taxes paid in previous years, the ability to offset capital losses with capital gains, the reversal of deferred tax liabilities, and certain tax planning strategies. The Corporation has a deferred tax asset for credits related to Alternative Minimum Taxes (AMT) of $1,158,000 as of December 31, 2017, and $1,043,000 as of December 31, 2016. The AMT credits have an unlimited carry-forward period. No valuation has been established for these deferred tax assets in view of the Corporation’s ability to carry forward tax credits to future years, coupled with the anticipated future taxable income as evidenced by the Corporation’s earnings potential. Additionally, this asset’s value was not impacted by the change in the corporate tax rate described below. U.S. generally accepted accounting principles prescribe a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not recognition threshold should be derecognized in the first subsequent financial reporting period in which that threshold is no longer met. There is currently no liability for uncertain tax positions and no known unrecognized tax benefits. The Corporation recognizes, when applicable, interest and penalties related to unrecognized tax benefits in the provision for income taxes in the Consolidated Statements of Income. With few exceptions, the Corporation is no longer subject to U.S. federal, state, or local income tax examinations by tax authorities for years before 2014. The Tax Cuts and Jobs Act, enacted on December 22, 2017, lowered the Corporation’s federal income tax rate from 34% to 21% effective January 1, 2018. As a result, the carrying value of net deferred tax assets was reduced which increased income tax expense by $1,131,000. Significant components of income tax expense are as follows: (DOLLARS IN THOUSANDS) Year Ended December 31, 2017 2016 2015 $ $ $ Current tax expense 842 1,734 1,095 Deferred tax expense (benefit) 365 (381 ) 275 Valuation allowance adjustment — — (12 ) Change in corporate tax rate 1,131 — — Income tax expense 2,338 1,353 1,358 Components of the Corporation's net deferred tax position are as follows: (DOLLARS IN THOUSANDS) December 31, 2017 2016 2015 $ $ $ Deferred tax assets Allowance for loan losses 2,802 2,571 2,406 Net unrealized holding losses on securities available for sale 1,016 2,516 130 Deferred compensation reserve 44 95 148 Capital loss carryforward — — 13 Tax credit carryforward 1,158 1,043 1,085 Allowance for off-balance sheet extensions of credit 108 117 155 Interest on non-accrual loans 174 166 155 Other 11 7 7 Total deferred tax assets 5,313 6,515 4,099 Valuation allowance — — (13 ) Net deferred taxes 5,313 6,515 4,086 Deferred tax liabilities Premises and equipment (2,670 ) (1,497 ) (1,852 ) Discount on investment securities — — (1 ) Other (161 ) (41 ) (24 ) Total deferred tax liabilities (2,831 ) (1,538 ) (1,877 ) Net deferred tax assets 2,482 4,977 2,209

REGULATORY MATTERS AND RESTRICT

REGULATORY MATTERS AND RESTRICTIONS	12 Months Ended
	Dec. 31, 2017
Regulatory Capital Requirements [Abstract]
REGULATORY MATTERS AND RESTRICTIONS	NOTE M – REGULATORY MATTERS AND RESTRICTIONS The Corporation and the Bank are subject to various regulatory capital requirements administered by the Federal banking agencies. Failure to meet the minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Corporation’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Corporation and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The quantitative measures established by regulation to ensure capital adequacy require the Corporation and the Bank to maintain minimum amounts and ratios (set forth below) of tier I capital to average assets, and common equity tier I capital, tier I capital, and total capital to risk-weighted assets. As of December 31, 2017 and 2016, the Corporation and Bank were categorized as “well capitalized” under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the institution’s category. The following chart details the Corporation’s and the Bank’s capital levels as of December 31, 2017 and December 31, 2016, compared to regulatory levels. CAPITAL LEVELS To Be Well (DOLLARS IN THOUSANDS) Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provision $ % $ % $ % As of December 31, 2017 Total Capital to Risk-Weighted Assets Consolidated 111,512 15.0 59,525 8.0 74,406 10.0 Bank 109,961 14.8 59,502 8.0 74,378 10.0 Tier I Capital to Risk-Weighted Assets Consolidated 102,955 13.8 44,644 6.0 59,525 8.0 Bank 101,404 13.6 44,627 6.0 59,502 8.0 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 102,955 13.8 33,483 4.5 48,364 6.5 Bank 101,404 13.6 33,470 4.5 48,346 6.5 Tier I Capital to Average Assets Consolidated 102,955 10.1 40,971 4.0 51,214 5.0 Bank 101,404 9.9 40,971 4.0 51,214 5.0 As of December 31, 2016 Total Capital to Risk-Weighted Assets Consolidated 107,732 15.2 56,635 8.0 70,794 10.0 Bank 106,084 15.0 56,634 8.0 70,793 10.0 Tier I Capital to Risk-Weighted Assets Consolidated 99,824 14.1 42,476 6.0 56,635 8.0 Bank 98,176 13.9 42,476 6.0 56,634 8.0 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 99,824 14.1 31,857 4.5 46,016 6.5 Bank 98,176 13.9 31,857 4.5 46,015 6.5 Tier I Capital to Average Assets Consolidated 99,824 10.2 39,092 4.0 48,865 5.0 Bank 98,176 10.1 39,059 4.0 48,824 5.0 In addition to the capital guidelines, certain laws restrict the amount of dividends paid to stockholders in any given year. The approval of the OCC shall be required if the total of all dividends declared by the Corporation in any year shall exceed the total of its net profits for that year combined with retained net profits of the preceding two years. Under this restriction, the Corporation could declare dividends in 2017, without the approval of the OCC, of approximately $7.1 million, plus an additional amount equal to the Corporation’s net profits for 2018, up to the date of any such dividend declaration.

TRANSACTIONS WITH DIRECTORS AND

TRANSACTIONS WITH DIRECTORS AND OFFICERS	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
TRANSACTIONS WITH DIRECTORS AND OFFICERS	NOTE N – TRANSACTIONS WITH DIRECTORS AND OFFICERS The following table presents activity in the amounts due from directors, executive officers, immediate family, and affiliated companies. These transactions are made on the same terms and conditions, including interest rates and collateral requirements as those prevailing at the time for comparable transactions with others. An analysis of the activity with respect to such aggregate loans to related parties is shown below. LOANS TO INSIDERS (DOLLARS IN THOUSANDS) Actual $ Balance, January 1, 2016 4,248 Advances 2,427 Repayments (2,222 ) Balance, December 31, 2016 4,453 Balance, January 1, 2017 4,453 Advances 3,358 Repayments (2,142 ) Balance, December 31, 2017 5,669 Deposits from the insiders totaled $4,034,000 as of December 31, 2017, and $4,999,000 as of December 31, 2016.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE O - COMMITMENTS AND CONTINGENCIES In the normal course of business, the Corporation makes various commitments that are not reflected in the accompanying consolidated financial statements. These are commonly referred to as off-balance sheet commitments and include firm commitments to extend credit, unused lines of credit, and open letters of credit. On December 31, 2017, firm loan commitments totaled approximately $45.0 million; unused lines of credit totaled $214.2 million; and open letters of credit totaled $11.3 million. The sum of these commitments, $270.5 million, represents total exposure to credit loss in the event of nonperformance by customers with respect to these financial instruments; however the vast majority of these commitments are typically not drawn upon. The same credit policies for on-balance sheet instruments apply for making commitments and conditional obligations and the actual credit losses that could arise from the exercise of these commitments is expected to compare favorably with the loan loss experience on the loan portfolio taken as a whole. Commitments to extend credit on December 31, 2016, totaled $234.6 million, representing firm loan commitments of $35.1 million, unused lines of credit of $189.2 million, and open letters of credit totaling $10.3 million. Firm commitments to extend credit and unused lines of credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Each customer’s creditworthiness is evaluated on an individual basis. The amount of collateral obtained, if deemed necessary by the extension of credit, is based on management’s credit evaluation of the customer. These commitments are supported by various types of collateral, where it is determined that collateral is required. Open letters of credit are conditional commitments issued to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support public and private borrowing arrangements. Most guarantees expire within one year. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. While various assets of the customer act as collateral for these letters of credit, real estate is the primary collateral held for these potential obligations.

FINANCIAL INSTRUMENTS WITH CONC

FINANCIAL INSTRUMENTS WITH CONCENTRATIONS OF CREDIT RISK	12 Months Ended
	Dec. 31, 2017
Risks and Uncertainties [Abstract]
FINANCIAL INSTRUMENTS WITH CONCENTRATIONS OF CREDIT RISK	NOTE P - FINANCIAL INSTRUMENTS WITH CONCENTRATIONS OF CREDIT RISK The Corporation determines concentrations of credit risk by reviewing loans by borrower, geographical area, and loan purpose. The amount of credit extended to a single borrower or group of borrowers is capped by the legal lending limit, which is defined as 15% of the Bank’s risk-based capital, less the allowance for loan losses. The Corporation’s lending policy further restricts the amount to 75% of the legal lending limit. As of December 31, 2017, the Corporation’s legal lending limit was $16,494,000, and the Corporation’s lending policy limit was $12,371,000. This compared to a legal lending limit of $15,913,000, and lending policy limit of $11,934,000 as of December 31, 2016. As of December 31, 2017 and 2016, no lending relationships exceeded the Corporation’s internal lending policy limit. Geographically, the primary lending area for the Corporation encompasses Lancaster, Lebanon, and Berks counties of Pennsylvania, with the vast majority of the loans made in Lancaster County. The ability of debtors to honor their loan agreements is impacted by the health of the local economy. The Corporation’s immediate market area benefits from a diverse economy, which has resulted in a diverse loan portfolio. As a community bank, the largest amount of loans outstanding consists of personal mortgages, residential rental loans, and personal loans secured by real estate. Beyond personal lending, the Corporation’s business and commercial lending includes loans for agricultural, construction, specialized manufacturing, service industries, many types of small businesses, and loans to governmental units and non-profit entities. Management evaluates concentrations of credit based on loan purpose on a quarterly basis. The Corporation’s greatest concentration of loans by purpose is residential real estate, which comprises $249.3 million, or 41.8%, of the $596.3 million gross loans outstanding as of December 31, 2017. This compares to $213.8 million, or 37.5%, of the $570.6 million of gross loans outstanding as of December 31, 2016. Residential real estate consists of first mortgages and home equity loans. A concentration in commercial real estate of 43.7%, or $260.8 million, also exists; however, within that category there is not a concentration by specific industry type. The Corporation remains focused on agricultural purpose loans, of which the vast majority are real estate secured. Agricultural mortgages made up 25.5% of gross loans as of December 31, 2017, compared to 28.7% as of December 31, 2016; however these agricultural mortgages are spread over several broader types of agricultural purpose loans. More specifically within these larger purpose categories, management monitors on a quarterly basis the largest concentrations of non-consumer credit based on the North American Industrial Classification System (NAICS). As of December 31, 2017, the largest specific industry type categories were dairy cattle and milk production loans of $81.2 million, or 13.6% of gross loans, residential real estate investment loans of $38.8 million, or 6.5% of gross loans, and non-residential real estate investment loans with a balance of $38.7 million, or 6.5% of gross loans. Outside of consumer and commercial real estate, including agricultural mortgages, the third largest component of the Corporation’s loans consist of commercial and industrial loans. These loans are generally secured by personal guarantees, inventory, or pledges of municipalities. Out of the $80.9 million of loans designated as commercial and industrial for the Uniform Bank Performance Reports, the largest concentration within that area is $20.7 million of loans to political subdivisions, which account for 3.5% of gross loans outstanding. For the Corporation, these loans consisted of tax-free loans to local municipalities. To evaluate risk for the securities portfolio, the Corporation reviews both geographical concentration and credit ratings. The largest geographical concentrations as of December 31, 2017, were obligations of states and political subdivisions located in the states of Pennsylvania, Texas, and Illinois. Based on fair market value, the Corporation held $30.4 million of obligations issued by municipalities within the state of Pennsylvania, which is 27.1% of the municipal portfolio, and 9.7% of total debt securities. The Corporation held $19.5 million of obligations issued by municipalities within the state of Texas, which is 17.4% of the municipal portfolio, and 6.2% of total debt securities. The Corporation also held $15.2 million of obligations of states and political subdivisions issued by municipalities located within the state of Illinois, which is 13.5% of the municipal portfolio, and 4.8% of total debt securities. Internal policy requires municipal bonds purchased to be rated at least A3 by Moody’s and/or A- by Standard & Poor’s (S&P) at the time of purchase. As of December 31, 2017, no municipal bonds were below the A3/A- credit ratings the Corporation requires at the time of purchase. The Corporation held $61.3 million of corporate bonds based on amortized cost as of December 31, 2017. As a total, the $61.3 million represents 19.2% of the Corporation’s total debt securities. Management has a policy limit for corporate holdings at 55% of total regulatory capital and 20% of the securities portfolio. The Corporation was at these policy limits as of December 31, 2017. Management believes shorter corporate bonds currently provide better structure and return than government agencies and mortgage backed securities and CMOs. To limit the Corporation’s credit exposure to any one issuer, the policy limits investment to $3 million of par value per company. Out of the $61.3 million of total corporate securities, $39.1 million is domestic and $22.2 million is foreign-issued debt. None of the Corporation’s foreign corporate debt originates from the European countries that have struggled with the sovereign debt crisis, namely Portugal, Italy, Ireland, Greece, and Spain. Most of the Corporation’s foreign-issued debt is from the United Kingdom, Australia, and Switzerland. Within the corporate bond segment of the portfolio, management has preferred to invest in the banking, brokerage, and finance industry, where management is more comfortable analyzing and evaluating the credit risk of these firms. As a result, based on amortized cost, $47.9 million, or 78.1%, of the corporate bonds held are invested in national or foreign banks, bank holding companies, brokerage firms, or finance companies. In this broader finance-related group, management has selectively pursued foreign bank-issued debt where there is governmental ownership of the bank, and/or implied backing driven by the heavy reliance on these banks for the nation’s financial system. Out of the total $47.9 million of financial and brokerage-related corporate issues, $25.6 million is domestic and $22.3 million is foreign. All of the $22.3 million of foreign financial-related corporate paper is in the form of foreign bank-issued debt. Out of the $25.6 million of domestic financial-related debt, $14.5 million is in bank debt and $11.1 million is in brokerage. The remaining $13.4 million of non-financial related corporate paper consists of $4.1 million in energy companies, $2.1 million in insurance companies, $2.1 million in real estate companies, $2.1 million in healthcare, $2.0 million in biotechnology, and $1.0 million in farm equipment. By internal policy, at time of purchase, all corporate bonds must carry a credit rating of at least A3 by Moody’s or A- by S&P, and at all times corporate bonds are to be investment grade, which is defined as Baa3 for Moody’s and BBB- for S&P, or above. As of December 31, 2017, all of the Corporation’s corporate bonds carried at least one single A credit rating of A3 by Moody’s or A- by S&P.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE Q - FAIR VALUE MEASUREMENTS The following disclosures show the hierarchal disclosure framework associated with the level of pricing observations utilized in measuring assets and liabilities at fair value. The three broad levels defined by U.S. generally accepted accounting principles are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are fair-valued using other financial instruments, the parameters of which can be directly observed. Level III: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. This hierarchy requires the use of observable market data when available. The following table presents the assets reported on the Consolidated Balance Sheets at their fair value as of December 31, 2017, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. ASSETS REPORTED AT FAIR VALUE (DOLLARS IN THOUSANDS) December 31, 2017 Level I Level II Level III Total $ $ $ $ U.S. government agencies — 34,352 — 34,352 U.S. agency mortgage-backed securities — 52,073 — 52,073 U. S. agency collateralized mortgage obligations — 54,641 — 54,641 Corporate bonds — 60,769 — 60,769 Obligations of states and political subdivisions — 112,243 — 112,243 Marketable equity securities 5,583 — — 5,583 Total securities 5,583 314,078 — 319,661 On December 31, 2017, the Corporation held no securities valued using level III inputs. All of the Corporation’s debt instruments were valued using level II inputs, where quoted prices are available and observable but not necessarily quotes on identical securities traded in active markets on a daily basis. The Corporation’s CRA fund investments and bank stocks are fair valued utilizing level I inputs because the funds have their own quoted prices in an active market. As of December 31, 2017, the CRA fund investments had a $5,280,000 book and market value and the bank stocks had a book value of $267,000 and a market value of $303,000. Financial instruments are considered level III when their values are determined using pricing models, discounted cash flow methodologies, or similar techniques, and at least one significant model assumption or input is unobservable. In addition to these unobservable inputs, the valuation models for level III financial instruments typically also rely on a number of inputs that are readily observable either directly or indirectly. Level III financial instruments also include those for which the determination of fair value requires significant management judgment or estimation. The following table presents the assets reported on the Consolidated Balance Sheets at their fair value as of December 31, 2016, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. ASSETS REPORTED AT FAIR VALUE (DOLLARS IN THOUSANDS) December 31, 2016 Level I Level II Level III Total $ $ $ $ U.S. government agencies — 32,261 — 32,261 U.S. agency mortgage-backed securities — 55,869 — 55,869 U. S. agency collateralized mortgage obligations — 37,936 — 37,936 Corporate bonds — 52,091 — 52,091 Obligations of states and political subdivisions — 124,430 — 124,430 Marketable equity securities 5,524 — — 5,524 Total securities 5,524 302,587 — 308,111 On December 31, 2016, the Corporation held no securities valued using level III inputs. All of the Corporation’s debt instruments were valued using level II inputs, where quoted prices are available and observable but not necessarily quotes on identical securities traded in active markets on a daily basis. The Corporation’s CRA fund investments and bank stocks are fair valued utilizing level I inputs because the funds have their own quoted prices in an active market. As of December 31, 2016, the CRA fund investments had a $5,250,000 book and market value and the bank stocks had a book value of $219,000 and a market value of $274,000. The following table presents the assets measured on a nonrecurring basis on the Consolidated Balance Sheets at their fair value as of December 31, 2017, and December 31, 2016, by level within the fair value hierarchy. ASSETS MEASURED ON A NONRECURRING BASIS (DOLLARS IN THOUSANDS) December 31, 2017 Level I Level II Level III Total $ $ $ $ Assets: Impaired Loans — — 1,812 1,812 OREO — — — — Total — — 1,812 1,812 December 31, 2016 Level I Level II Level III Total $ $ $ $ Assets: Impaired Loans — — 1,969 1,969 OREO — — — — Total — — 1,969 1,969 The Corporation had a total of $1,812,000 of impaired loans as of December 31, 2017, with no specific allocation against these loans. As of December 31, 2016, the Corporation had a total of $1,969,000 of impaired loans with no specific allocation against these loans. Other real estate owned (OREO) is measured at fair value, less estimated costs to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management. The assets are carried at the lower of carrying amount or fair value, less estimated costs to sell. The Corporation had no OREO as of December 31, 2017 or December 31, 2016. The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis for which the Corporation has utilized level III inputs to determine fair value: QUANTITATIVE INFORMATION ABOUT LEVEL III FAIR VALUE MEASUREMENTS (DOLLARS IN THOUSANDS) December 31, 2017 Fair Value Valuation Unobservable Range Estimate Techniques Input (Weighted Avg) Impaired loans 1,812 Appraisal of collateral (1) Appraisal adjustments (2) 0% to -20% (-20%) Liquidation expenses (2) 0% to -10% (-10%) December 31, 2016 Fair Value Valuation Unobservable Range Estimate Techniques Input (Weighted Avg) Impaired loans 1,969 Appraisal of collateral (1) Appraisal adjustments (2) 0% to -20% (-20%) Liquidation expenses (2) 0% to -10% (-10%) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally includes various level III inputs which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.

DISCLOSURES ABOUT FAIR VALUE OF

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2017
Fair Value, Assets, Liabilities and Stockholders' Equity Measured on Recurring Basis [Abstract]
DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE R - DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS The following methods and assumptions were used to estimate the fair value of each class of financial instruments: Cash and Cash Equivalents For these short-term instruments, the carrying amount is a reasonable estimate of fair value. Securities Available for Sale Management utilizes quoted market pricing for the fair value of the Corporation's securities that are available for sale, if available. If a quoted market rate is not available, fair value is estimated using quoted market prices for similar securities. Regulatory Stock Regulatory stock is valued at a stable dollar price, which is the price used to purchase or liquidate shares; therefore the carrying amount is a reasonable estimate of fair value. Loans Held for Sale Loans held for sale are individual loans for which the Corporation has a firm sales commitment; therefore, the carrying value is a reasonable estimate of the fair value. Loans The fair value of fixed and variable rate loans is estimated by discounting back the scheduled future cash flows of the particular loan product, using the market interest rates of comparable loan products in the Corporation’s greater market area, with the same general structure, comparable credit ratings, and for the same remaining maturities. Accrued Interest Receivable The carrying amount of accrued interest receivable is a reasonable estimate of fair value. Bank-Owned Life Insurance Fair value is equal to the cash surrender value of the life insurance policies. Deposits The fair value of non-interest bearing demand deposit accounts and interest bearing demand deposit and savings accounts is based on the amount payable on demand at the reporting date. The fair value of fixed-maturity time deposits is estimated by discounting back the expected cash flows of the time deposit using market interest rates from the Corporation’s greater market area, which are currently being offered for similar time deposits with similar remaining maturities. Borrowings The fair value of a term borrowing is estimated by comparing the rate currently offered for the same type of borrowing instrument with a matching remaining term. Accrued Interest Payable The carrying amount of accrued interest payable is a reasonable estimate of fair value. Firm Commitments to Extend Credit, Lines of Credit, and Open Letters of Credit These financial instruments are generally not subject to sale and estimated fair values are not readily available. The carrying value, represented by the net deferred fee arising from the unrecognized commitment or letter of credit, and the fair value, determined by discounting the remaining contractual fee over the term of the commitment, using fees currently charged to enter into similar agreements with similar credit risk, is not considered material for disclosure purposes. The contractual amounts of unfunded commitments are presented in Note O. The carrying amounts and estimated fair values of the Corporation's financial instruments at December 31, 2017, are summarized as follows: FAIR VALUE OF FINANCIAL INSTRUMENTS (DOLLARS IN THOUSANDS) December 31, 2017 Quoted Prices in Active Markets Significant Other Significant for Identical Observable Unobservable Carrying Assets Inputs Inputs Amount Fair Value (Level I) (Level II) (Level III) $ $ $ $ $ Financial Assets: Cash and cash equivalents 53,073 53,073 53,073 — — Securities available for sale 319,661 319,661 5,583 314,078 — Regulatory stock 5,794 5,794 5,794 — — Loans held for sale 2,892 2,892 2,892 — — Loans, net of allowance 589,313 590,415 — — 590,415 Accrued interest receivable 3,684 3,684 3,684 — — Bank owned life insurance 27,814 27,814 27,814 — — Financial Liabilities: Demand deposits 314,917 314,917 314,917 — — Interest-bearing demand deposits 20,230 20,230 20,230 — — NOW accounts 86,758 86,758 86,758 — — Money market deposit accounts 105,994 105,994 105,994 — — Savings accounts 189,169 189,169 189,169 — — Time deposits 149,409 150,165 — — 150,165 Total deposits 866,477 867,233 717,068 — 150,165 Long-term debt 65,850 65,850 — — 65,850 Accrued interest payable 385 385 385 — — The carrying amounts and estimated fair values of the Corporation’s financial instruments at December 31, 2016, are summarized as follows: FAIR VALUE OF FINANCIAL INSTRUMENTS (DOLLARS IN THOUSANDS) December 31, 2016 Quoted Prices in Active Markets Significant Other Significant for Identical Observable Unobservable Carrying Assets Inputs Inputs Amount Fair Value (Level I) (Level II) (Level III) $ $ $ $ $ Financial Assets: Cash and cash equivalents 45,632 45,632 45,632 — — Securities available for sale 308,111 308,111 5,524 302,587 — Regulatory stock 5,372 5,372 5,372 — — Loans held for sale 2,552 2,552 2,552 — — Loans, net of allowance 564,005 563,418 — — 563,418 Accrued interest receivable 3,750 3,750 3,750 — — Bank owned life insurance 24,687 24,687 24,687 — — Financial Liabilities: Demand deposits 280,543 280,543 280,543 — — Interest-bearing demand deposits 20,108 20,108 20,108 — — NOW accounts 85,540 85,540 85,540 — — Money market deposit accounts 93,943 93,943 93,943 — — Savings accounts 175,753 175,753 175,753 — — Time deposits 161,604 163,464 — — 163,464 Total deposits 817,491 819,351 655,887 — 163,464 Short-term borrowings 8,329 8,329 8,329 — — Long-term debt 61,257 61,372 — — 61,372 Accrued interest payable 384 384 384 — —

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	12 Months Ended
	Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	NOTE S – ACCUMULATED OTHER COMPREHENSIVE LOSS The activity in accumulated other comprehensive loss for the years ended December 31, 2017 and 2016 is as follows: ACCUMULATED OTHER COMPREHENSIVE LOSS (1) (2) (DOLLARS IN THOUSANDS) Unrealized Gains (Losses) on Securities Available-for-Sale $ Balance at January 1, 2017 (4,885 ) Other comprehensive income before reclassifications 2,135 Amount reclassified from accumulated other comprehensive loss (445 ) Period change 1,690 Balance at December 31, 2017 (3,195 ) Balance at January 1, 2016 (252 ) Other comprehensive loss before reclassifications (3,069 ) Amount reclassified from accumulated other comprehensive loss (1,564 ) Period change (4,633 ) Balance at December 31, 2016 (4,885 ) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using a Federal income tax rate of 34%. (2) Amounts in parentheses indicate debits. DETAILS ABOUT ACCUMULATED OTHER COMPREHENSIVE LOSS COMPONENTS (1) (DOLLARS IN THOUSANDS) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Year Ended December 31, Affected Line Item 2017 2016 in the Consolidated $ $ Statements of Income Securities available-for-sale: Net securities gains reclassified into earnings 675 2,370 Gains on securities transactions, net Related income tax expense (230 ) (806 ) Provision for federal income taxes Net effect on accumulated other comprehensive loss for the period 445 1,564 Total reclassifications for the period 445 1,564 (1) Amounts in parentheses indicate debits.

CONDENSED PARENT ONLY DATA

CONDENSED PARENT ONLY DATA	12 Months Ended
	Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
CONDENSED PARENT ONLY DATA	NOTE T – CONDENSED PARENT ONLY DATA Condensed Balance Sheets (Parent Company Only) (DOLLARS IN THOUSANDS) December 31, 2017 2016 $ $ Assets Cash 1,187 1,356 Securities available for sale (at fair value) 304 274 Equity in bank subsidiary 98,184 93,255 Other assets 84 54 Total assets 99,759 94,939 Stockholders' Equity Common stock 574 574 Capital surplus 4,415 4,403 Retained earnings 98,629 95,475 Accumulated other comprehensive loss, net of tax (3,195 ) (4,885 ) Treasury stock (664 ) (628 ) Total stockholders' equity 99,759 94,939 Condensed Statements of Comprehensive Income (DOLLARS IN THOUSANDS) Year Ended December 31, 2017 2016 2015 $ $ $ Income Dividend income - investment securities 10 29 16 Gains on securities transactions 57 171 25 Dividend income 3,190 3,606 3,581 Undistributed earnings of bank subsidiary 3,228 3,918 3,462 Total income 6,485 7,724 7,084 Expense Shareholder expenses 120 125 118 Other expenses 21 46 56 Total expense 141 171 174 Net Income 6,344 7,553 6,910 Comprehensive Income 8,034 2,920 5,656 Condensed Statements of Cash Flows (DOLLARS IN THOUSANDS) Year Ended December 31, 2017 2016 2015 Cash Flows from Operating Activities: $ $ $ Net Income 6,344 7,553 6,910 Equity in undistributed earnings of subsidiaries (3,228 ) (3,918 ) (3,462 ) Gains on securities transactions, net (57 ) (171 ) (25 ) Net change in other assets (30 ) 12 5 Net cash provided by operating activities 3,029 3,476 3,428 Cash Flows from Investing Activities: Proceeds from sales of securities available for sale 150 812 167 Purchases of securities available for sale (134 ) (358 ) (467 ) Net cash provided by (used for) investing activities 16 454 (300 ) Cash Flows from Financing Activities: Proceeds from issuance of treasury stock 544 489 512 Payment to repurchase common stock (568 ) (465 ) (752 ) Dividends paid (3,190 ) (3,107 ) (3,081 ) Net cash used for financing activities (3,214 ) (3,083 ) (3,321 ) Cash and Cash Equivalents: Net change in cash and cash equivalents (169 ) 847 (193 ) Cash and cash equivalents at beginning of period 1,356 509 702 Cash and cash equivalents at end of period 1,187 1,356 509 The unaudited quarterly results of operations for the years ended 2017, 2016, and 2015 are as follows:

SUMMARY OF QUARTERLY FINANCIAL

SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Data [Abstract]
SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED)	NOTE U - SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED) (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) 2017 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 7,982 8,213 8,444 8,478 Interest expense 702 731 754 752 Net interest income 7,280 7,482 7,690 7,726 Less provision for loan losses 90 120 240 490 Net interest income after provision for loan losses 7,190 7,362 7,450 7,236 Other income 2,412 2,512 2,622 2,775 Operating expenses: Salaries and employee benefits 4,719 4,811 4,840 4,970 Occupancy and equipment expenses 881 902 923 873 Other operating expenses 1,918 2,002 1,884 2,154 Total operating expenses 7,518 7,715 7,647 7,997 Income before income taxes 2,084 2,159 2,425 2,014 Provision for Federal income taxes 257 287 391 1,403 Net income 1,827 1,872 2,034 611 FINANCIAL RATIOS Per share data: Net income 0.64 0.66 0.71 0.21 Cash dividends paid 0.28 0.28 0.28 0.28 2016 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 6,886 6,294 7,393 7,768 Interest expense 811 757 751 735 Net interest income 6,075 5,537 6,642 7,033 Less provision (credit) for loan losses (50 ) 50 200 125 Net interest income after provision (credit) for loan losses 6,125 5,487 6,442 6,908 Other income 2,651 3,087 2,828 2,578 Operating expenses: Salaries and employee benefits 3,971 4,040 4,219 4,539 Occupancy and equipment expenses 777 787 831 879 Other operating expenses 1,734 1,885 1,698 1,840 Total operating expenses 6,482 6,712 6,748 7,258 Income before income taxes 2,294 1,862 2,522 2,228 Provision for Federal income taxes 382 218 445 308 Net income 1,912 1,644 2,077 1,920 FINANCIAL RATIOS Per share data: Net income 0.67 0.58 0.73 0.67 Cash dividends paid 0.27 0.27 0.27 0.28 2015 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 6,872 6,718 6,761 6,491 Interest expense 1,014 951 928 851 Net interest income 5,858 5,767 5,833 5,640 Less provision (credit) for loan losses 200 100 (150 ) — Net interest income after provision (credit) for loan losses 5,658 5,667 5,983 5,640 Other income 2,201 2,394 2,342 3,118 Operating expenses: Salaries and employee benefits 3,702 3,674 3,679 3,741 Occupancy and equipment expenses 822 822 791 783 Other operating expenses 1,626 1,691 1,620 1,784 Total operating expenses 6,150 6,187 6,090 6,308 Income before income taxes 1,709 1,874 2,235 2,450 Provision for Federal income taxes 243 278 382 455 Net income 1,466 1,596 1,853 1,995 FINANCIAL RATIOS Per share data: Net income 0.51 0.56 0.65 0.70 Cash dividends paid 0.27 0.27 0.27 0.27

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE V – SUBSEQUENT EVENTS Subsequent to December 31, 2017, but prior to the filing of this document, the Corporation was saddened to learn of the untimely February 1, 2018 death of a former employee that was covered under Ephrata National Bank’s executive bank owned life insurance (BOLI) plan. A Form 8-K was filed on February 13, 2018 as a matter of public information. The Bank purchased and is the beneficiary of all BOLI life insurance policies taken out on key officers. The purpose of the life insurance policies is to supplement employee benefits the Bank provides to all employees. Due to the death of this employee, the Bank will be receiving the face amount of life insurance plus the net cash surrender value on all applicable policies. This event is expected to positively impact the Corporation’s net income by approximately $910,000 in the first quarter of 2018.

SUMMARY OF SIGNIFICANT ACCOUN31

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements of ENB Financial Corp and its subsidiary, Ephrata National Bank, (collectively “the Corporation”) conform to U.S. generally accepted accounting principles (GAAP). The preparation of these statements requires that management make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Material estimates of the Corporation, including the allowance for loan losses, the fair market value of financial instruments, and deferred tax assets or liabilities, are evaluated regularly by management. Actual results could differ from the reported estimates given different conditions or assumptions. The accounting and reporting policies followed by the Corporation conform with U.S. GAAP and to general practices within the banking industry. All significant intercompany transactions have been eliminated in consolidation. The following is a summary of the more significant policies.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents are identified as cash and due from banks and include cash on hand, collection items, amounts due from banks, and interest bearing deposits in other banks with maturities of less than 90 days.
Securities Available for Sale	Securities Available for Sale The Corporation classifies its entire portfolio of debt and equity securities as available for sale securities, which the Corporation reports at fair value. Any unrealized valuation gains or losses in the portfolio are reported as a separate component of stockholders' equity, net of deferred income taxes. The constant yield method is used for the amortization of premiums and the accretion of discounts for all of the Corporation’s securities with the exception of collateralized mortgage obligations (CMOs) and mortgage backed securities (MBS). The constant yield method maintains a stable yield on the instrument through its maturity. For CMOs and MBS, a two-step/proration method is used for amortization and accretion. The first step is a proration based on the current pay down. This component ensures that the book price stays level with par. The second step amortizes or accretes the remaining premium or discount to the calculated final amortization or accretion date based on the current three-month constant prepayment rates. Net gains or losses realized on sales or calls of securities are reported as gains or losses on security transactions during the year of sale, using the specific identification method. Other Than Temporary Impairment (“OTTI”) Management monitors all of the Corporation’s securities for OTTI on a monthly basis and determines whether any impairment should be recorded. A number of factors are considered in determining whether a security is impaired, including, but not limited to, the following: · Percentage of unrealized losses, · Period of time the security has had unrealized losses, · Type of security, · Maturity date of the instrument if a debt instrument, · The intent to sell the security or whether it is more likely than not that the Corporation would be required to sell the security before its anticipated recovery in market value, · Amount of projected credit losses based on current cash flow analysis, default and severity rates, and · Market dynamics impacting the market for and liquidity of the security. Management will more closely evaluate those securities that have unrealized losses of 10% or more and have had unrealized losses for more than twelve months. If management determines that the declines in value of the security are not temporary, or if management does not have the ability to hold the security until maturity, which is the case with equity securities, then management will record impairment on the security. For equity securities, typically the amount of impairment is the difference between the security’s book value and current fair market value determined by obtaining independent market pricing. For debt securities evaluated for impairment, management will determine what portion of the unrealized valuation loss is attributed to projected or known loss of principal, and what portion is attributed to market pricing not reflective of the true value of the security, based on current cash flow analysis. Management will generally record impairment equivalent to the projected or known loss of principal, known as the credit loss. The other portion of the fair market value loss is attributed to market factors and it is management’s opinion that these fair value losses are temporary and not permanent. All impairment is recorded as a loss on securities and is included in the Corporation’s Consolidated Statements of Income.
Loans Held for Investment	Loans Held for Investment Loans receivable, that management has the intent and ability to hold for the foreseeable future, or until maturity or payoff, generally are reported at the outstanding principal balances, reduced by any charge-offs and net of any deferred loan origination fees or costs. Net loan origination fees and costs are deferred and recognized as an adjustment of yield over the contractual life of the loan. Interest accrues daily on outstanding loan balances. Generally, the accrual of interest discontinues when the ability to collect the loan becomes doubtful or when a loan becomes more than 90 days past due as to principal and interest. These loans are referred to as non-accrual loans. Management may elect to continue the accrual of interest based on the expectation of future payments and/or the sufficiency of the underlying collateral.
Loans Held for Sale	Loans Held for Sale Loans originated and intended for sale on the secondary market are carried at the lower of cost or fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. In general, fixed-rate residential mortgage loans originated by the Corporation and held for sale are carried in the aggregate at the lower of cost or market. The Corporation originates loans for immediate sale with servicing retained and servicing released to several investors. However, the vast majority of the sold mortgages are sold to the Federal Home Loan Bank of Pittsburgh (FHLB) and Fannie Mae, with servicing retained. As a result, the Corporation has a growing portfolio of mortgages that are serviced on behalf of FHLB and Fannie Mae. In addition, the Corporation originates FHA, VA, and USDA mortgages which are originated for immediate sale to various investors on a service-released basis.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is maintained at a level considered by management to be adequate to provide for known and inherent risks in the loan portfolio at the Consolidated Balance Sheets dates. The monthly provision or credit for loan losses is an expense or a reduction of expense which increases or decreases the allowance, and charge-offs, net of recoveries, decrease the allowance. The Corporation performs ongoing credit reviews of the loan portfolio and considers current economic conditions, historical loan loss experience, and other factors in determining the adequacy of the reserve balance. Loans determined to be uncollectible are charged to the allowance during the period in which such determination is made. In calculating the allowance, management will begin by compiling the balance of loans by credit quality for each loan segment in order that allocations can be made in aggregate based on historic losses and qualitative factors. Prior to calculating these aggregate allocations, management will individually evaluate commercial and commercial real estate loans for impairment. A loan is impaired when it is probable that a creditor will be unable to collect all principal and interest due according to the contractual terms of the loan agreement. All other loan types such as residential mortgages, home equity loans and lines of credit, and all other consumer loans, are not individually evaluated for impairment and are therefore allocated for in aggregate. These loans are considered to be large groups of smaller-balance homogenous loans and are measured for impairment collectively. Loans that experience insignificant payment delays, which are defined as 90 days or less, generally are not classified as impaired. Management determines the significance of payment delays on a case-by-case basis, taking into consideration all circumstances concerning the loan, the creditworthiness and payment history of the borrower, the length of the payment delay, and the amount of shortfall in relation to the principal and interest owed. For loans deemed to be impaired, management will provide a specific allocation. This loan balance is then subtracted from the total loan balances being allocated for in the aggregate. The remaining balances, along with the full loan balances for the other loan types are then multiplied by an adjusted loss ratio, which is the sum of both the historical loss ratio and a qualitative factor adjustment. Generally both the historical loss ratio and the qualitative factor adjustment will increase as the credit rating of the loan deteriorates. The credit ratings begin with unclassified loans, which represent the best internal credit rating, also referred to as a “pass” credit and then continue with declining grades of special mention, substandard, doubtful, and loss. Special mention loans are no longer deemed to be a “pass” credit and require additional management attention. They are essentially placed on “watched” status and attempts are made to improve the credit to an unclassified status. If the credit would deteriorate further it would then be a substandard credit, which for regulatory purposes, is deemed to be a classified loan. Doubtful and loss credit grades represent further credit deterioration and are also considered classified loans. For each loan type, all of these credit rating categories are broken out with adjusted loss ratios. The loan balance is then multiplied by the adjusted loss ratio to produce the required allowance. The allowances are totaled and added to any specific allocations on impaired loans to arrive at the total allowance for loan losses for the Corporation. Management tracks and assigns a historical loss percentage for each loan rating category within each loan type. A rolling three-year historical loss ratio, calculated on a quarterly basis, with a 60%, 30%, and 10% weighting for the past three years is used. In this manner the historical loss percentage is heavily weighted to the current loss environment, but has sufficient weighting assigned to prior periods to avoid unnecessary volatile fluctuations based on just one period’s data. Management currently utilizes nine qualitative factors that are adjusted based on changes in the lending environment and economic conditions. The qualitative factors include the following: · levels of and trends in delinquencies, non-accruals, and charge-offs, · trends in the nature and volume of the loan portfolio, · changes in lending policies and procedures, · experience, ability, and depth of lending personnel and management oversight, · national and local economic trends, · concentrations of credit, · external factors such as competition, legal, and regulatory requirements, · changes in the quality of loan review and Board oversight, · changes in the value of underlying collateral. The number of qualitative factors can change. Factors can be added for new risks or taken away if the risk no longer applies. Each loan type will have its own risk profile and management will evaluate and adjust each qualitative factor for each loan type quarterly, if necessary. For example, if one area of the loan portfolio is experiencing sharp increases in growth, it is likely the qualitative factor for trends in the loan portfolio would be increased for that loan type. As levels of delinquencies and non-accrual loans decline for any segment of the loan portfolio it is likely that factor would be reduced. In terms of the Corporation’s loan portfolio, the commercial and industrial loans and commercial real estate loans are deemed to have more risk than the consumer real estate loans and other consumer loans in the portfolio. The commercial loans not secured by real estate are highly dependent on their financial condition and therefore are more dependent on economic conditions. The commercial loans secured by real estate are also dependent on economic conditions but generally have stronger forms of collateral. More recently, commercial real estate has been negatively impacted by devaluation so these commercial loans carry a higher qualitative factor for changes in the value of collateral. The commercial loans and commercial real estate loans have historically been responsible for the majority of the Corporation’s delinquencies, non-accrual loans, and charge-offs, so both of these categories carry higher qualitative factors than consumer real estate loans and other consumer loans. Of particular focus currently is the dairy component of the Corporation’s agricultural loans. The decline in milk prices continues to put financial pressure on these operations and management has increased qualitative factors over the year to reflect this. The Corporation has historically experienced very low levels of consumer real estate and consumer loan charge-offs so these qualitative factors are set lower than the commercial real estate and commercial and industrial loans.
Impaired and Non-Accrual Loans	Impaired and Non-Accrual Loans The definition of “impaired loans” is not the same as the definition of “non-accrual loans,” although the two categories overlap. Generally, a non-accrual loan will always be considered impaired due to payment delinquency or uncertain collection, but there are cases where an impaired loan is not considered non-accrual. The primary factors considered by management in determining impairment include payment status and collateral value, but could also include debt service coverage, financial health of the business, and other external factors that could impact the ability of the borrower to fully repay the loan. The amount of impairment for these types of loans is determined by the difference between the present value of the expected cash flows related to the loan using the original interest rate and its recorded value or, as a practical expedient in the case of collateral-dependent loans, the difference between the fair value of the collateral and the recorded amount of the loan. When foreclosure is probable, impairment is measured based on the fair value of the collateral on a discounted basis, relative to the loan amount. Management will place a business or commercial loan on non-accrual status when it is determined that the loan is impaired, or when the loan is 90 days past due with a history of prolonged periods of delinquency. These customers will generally be placed on non-accrual status at the end of each quarter. Consumer loans over 90 days delinquent are generally charged off or, in the case of larger residential real estate loans, they would be placed on non-accrual status as the Corporation seeks to bring the customer current or pursue foreclosure options. When the borrower is on non-accrual, the Corporation will reverse any accrued interest on the books and will discontinue recognizing any interest income until the borrower is placed back on accrual status or fully pays off the loan balance plus any accrued interest. Payments received by the customer while the loan is on non-accrual are fully applied against principal. The Corporation maintains records of the full amount of interest that is owed by the borrower. A non-accrual loan will generally only be placed back on accrual status after the borrower has become current and has demonstrated six consecutive months of non-delinquency.
Allowance for Off-Balance Sheet Extensions of Credit	Allowance for Off-Balance Sheet Extensions of Credit The Corporation maintains an allowance for off-balance sheet extensions of credit, which would include any unadvanced amount on lines of credit and any letters of credit provided to borrowers. The allowance is carried as a liability and is included in other liabilities on the Corporation’s Consolidated Balance Sheets. The liability was $317,000 as of December 31, 2017, and $345,000 as of December 31, 2016. As the unadvanced portion of lines of credit increases, this provision will increase. Management follows the same methodology as the allowance for loan losses when calculating the allowance for off-balance sheet extensions of credit, with the exception of multiplying the unadvanced total by a high/low balance variance to arrive at the expected unadvanced portion that could be drawn upon at any time, or the amount at risk. The unadvanced amounts for each loan segment are broken down by credit classification. A historical loss ratio and qualitative factor are calculated for each credit classification by loan type. The historical loss ratio and qualitative factor are combined to produce an adjusted loss ratio, which is multiplied by the amount at risk for each credit classification within each loan segment to arrive at an allocation. The allocations are summed to arrive at the total allowance for off-balance sheet extensions of credit.
Other Real Estate Owned (OREO)	Other Real Estate Owned (OREO) OREO represents properties acquired through customer loan defaults. These properties are recorded at the lower of cost or fair value less projected disposal costs at acquisition date. Fair value is determined by current appraisals. Costs associated with holding OREO are charged to operational expense. OREO is a component of other assets on the Corporation’s Consolidated Balance Sheets. The Corporation had no OREO as of December 31, 2017, or December 31, 2016.
Mortgage Servicing Rights (MSRs)	Mortgage Servicing Rights (MSRs) The Corporation has agreements for the express purpose of selling residential mortgage loans on the secondary market, referred to as mortgage servicing rights. The Corporation maintains all servicing rights for loans currently sold through FHLB and Fannie Mae. The Corporation had $661,000 of MSRs as of December 31, 2017, compared to $410,000 as of December 31, 2016. Management expects MSRs to continue to grow as a result of the expanded mortgage program. The value of newly originated MSRs is determined by estimating the life of the mortgage and how long the Corporation will have access to the servicing income stream to determine the relative fair value. The Corporation utilizes a third party that calculates the MSR valuation on a quarterly basis. A longer estimated life would increase the MSR while a shorter estimated life would decrease the value of the asset. Management records the MSR value based on this reporting. Ultimately the value of the MSRs would be at what level a willing buyer and seller would exchange the MSRs. MSRs are amortized in proportion to the estimated servicing income over the estimated life of the servicing portfolio. Impairment is evaluated based on the fair value of the rights, portfolio interest rates, and prepayment characteristics. MSRs are a component of other assets on the Consolidated Balance Sheets.
Premises and Equipment	Premises and Equipment Land is carried at cost. Premises and equipment are carried at cost, less accumulated depreciation. Book depreciation is computed using straight-line methods over the estimated useful lives of generally fifteen to thirty-nine years for buildings and improvements and four to ten years for furniture and equipment. Maintenance and repairs of property and equipment are charged to operational expense as incurred, while major improvements are capitalized. Net gains or losses upon disposition are included in other income or operational expense, as applicable.
Transfer of Assets	Transfer of Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Bank-Owned Life Insurance (BOLI)	Bank-Owned Life Insurance (BOLI) BOLI is carried by the Corporation at the cash surrender value of the underlying policies. Income earned on the policies is based on any increase in cash surrender value less the cost of the insurance, which varies according to age and health of the insured. The life insurance policies owned by the Corporation had a cash surrender value of $27,814,000 and $24,687,000 as of December 31, 2017, and 2016, respectively. The increase in BOLI cash surrender value was primarily due to $2.5 million of additional policies being purchased in December of 2017, with the remainder of the increase attributable to normal appreciation of existing policies as a result of returns exceeding expenses.
Advertising Costs	Advertising Costs The Corporation expenses advertising costs as incurred. Advertising costs for the years ended December 31, 2017, 2016, and 2015, were $698,000, $614,000, and $552,000, respectively.
Income Taxes	Income Taxes An asset and liability approach is followed for financial accounting and reporting for income taxes. Accordingly, a net deferred tax asset or liability is recorded in the consolidated financial statements for the tax effects of temporary differences, which are items of income and expense reported in different periods for income tax and financial reporting purposes. Deferred tax expense is determined by the change in the assets or liabilities related to deferred income taxes. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes.
Earnings per Share	Earnings per Share The Corporation currently maintains a simple capital structure with no stock option plans that would have a dilutive effect on earnings per share. Earnings per share are calculated by dividing net income by the weighted-average number of shares outstanding for the periods.
Comprehensive Income	Comprehensive Income The Corporation is required to present comprehensive income in a full set of general-purpose consolidated financial statements for all periods presented. Other comprehensive income (loss) consists of unrealized holding gains and losses on the available for sale securities portfolio.
Segment Disclosure	Segment Disclosure U.S. generally accepted accounting principles establish standards for the manner in which public business enterprises report information about segments in the annual financial statements and requires that those enterprises report selected information about operating segments in interim financial reports issued to shareholders. It also establishes standards for related disclosures regarding financial products and services, geographic areas, and major customers. The Corporation has only one operating segment consisting of its banking and fiduciary operations.
Pension Plans	Pension Plans The Corporation provides an optional 401(k) plan, in which employees may elect to defer pre-tax salary dollars, subject to the maximum annual Internal Revenue Service contribution amounts. The Corporation will match 50% of employee contributions up to 5%, limiting the match to 2.5%. As part of the 401(k) Plan, the Corporation also has a noncontributory Profit Sharing Plan which covers substantially all employees. The Corporation provides a 3% Non-Elective contribution to all employees and contributes a 2% Elective Contribution to all employees aged 21 or older who work 1,000 or greater hours in a calendar year and have completed at least one full year of employment.
Trust Assets and Income	Trust Assets and Income Assets held by ENB’s Money Management Group in a fiduciary or agency capacity for customers are not included in the Corporation’s Consolidated Balance Sheets since these items are not assets of the Corporation. In accordance with banking industry practice, trust income is recognized on a cash basis; as such income does not differ significantly from amounts that would be recognized on an accrual basis. Trust income is reported in the Corporation’s Consolidated Statements of Income under other income.
Reclassification of Comparative Amounts	Reclassification of Comparative Amounts Certain comparative amounts for the prior year have been reclassified to conform to current-year classifications. Such reclassifications had no material effect on net income or stockholders’ equity.
Recently Issued Accounting Standards	Recently Issued Accounting Standards In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU 2016-04, Liabilities – In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606). Revenue from Contracts with Customers (Topic 606), Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606). Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date In May 2016, the FASB issued ASU 2016-12, Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740) In October 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230) In December 2016, the FASB issued ASU 2016-20 , Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers Guarantees In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805), Clarifying the Definition of a Business In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment after December 15, 2021. This Update is not expected to have a significant impact on the Corporation’s financial statements. In February 2017, the FASB issued ASU 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20). beginning after December 15, 2018, and interim reporting periods within annual reporting periods beginning after December 15, 2019. This Update is not expected to have a significant impact on the Corporation’s financial statements. In February 2017, the FASB issued ASU 2017-06 , Plan Accounting: Defined Benefit Pension Plans (Topic 960), Defined Contribution Pension Plans (Topic 962), and Health and Welfare Benefit Plans (Topic 965) This Update relates primarily to the reporting by an employee benefit plan for its interest in a master trust, which is a trust for which a regulated financial institution serves as a trustee or custodian and in which assets of more than one plan sponsored by a single employer or by a group of employers under common control are held. For each master trust in which a plan holds an interest, the amendments in this Update require a plan's interest in that master trust and any change in that interest to be presented in separate line items in the statement of net assets available for benefits and in the statement of changes in net assets available for benefits, respectively. The amendments in this Update remove the requirement to disclose the percentage interest in the master trust for plans with divided interests and require that all plans disclose the dollar amount of their interest in each of those general types of investments, which supplements the existing requirement to disclose the master trusts balances in each general type of investments. There are also increased disclosure requirements for investments in master In March 2017, the FASB issued ASU 2017-07, Compensation—Retirement Benefits (Topic 715) In March 2017, the FASB issued ASU 2017-08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20). In May 2017, the FASB issued ASU 2017-09, Compensation – Stock Compensation (Topic 718) available for issuance. The amendments in this Update should be applied prospectively to an award modified on or after the adoption date. This Update is not expected to have a significant impact on the Corporation’s financial statements. In May 2017, the FASB issued ASU 2017-10, Service Concession Arrangements (Topic 853) Revenue from Contracts with Customers (Topic 606)) Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , deferred the effective date of Update 2014-09 by one year. This Update is not expected to have a significant impact on the Corporation’s financial statements. In July 2017, the FASB issued ASU 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivative and Hedging (Topic 815) Debt—Debt with Conversion and Other Options amendments in Part II of this Update do not require any transition guidance because those amendments do not have an accounting effect. This Update is not expected to have a significant impact on the Corporation’s financial statements. In August 2017, the FASB issued ASU 2017-12, Derivatives and Hedging (Topic 850) an entity adopts the amendments in this Update. The amended presentation and disclosure guidance is required only prospectively. This Update is not expected to have a significant impact on the Corporation’s financial statements. In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842) date and transition requirements for the amendments are the same as the effective date and transition requirements in ASU 2016-02. This Update is not expected to have a significant impact on the Corporation’s financial statements. In February 2018, the FASB issued ASU 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220)

SECURITIES AVAILABLE FOR SALE (

SECURITIES AVAILABLE FOR SALE (Tables)	12 Months Ended
	Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of securities	The amortized cost and fair value of securities held at December 31, 2017, and 2016, are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value $ $ $ $ December 31, 2017 U.S. government agencies 35,101 — (749 ) 34,352 U.S. agency mortgage-backed securities 52,981 8 (916 ) 52,073 U.S. agency collateralized mortgage obligations 55,493 46 (898 ) 54,641 Corporate bonds 61,334 24 (589 ) 60,769 Obligations of states and political subdivisions 114,047 243 (2,047 ) 112,243 Total debt securities 318,956 321 (5,199 ) 314,078 Marketable equity securities 5,547 36 — 5,583 Total securities available for sale 324,503 357 (5,199 ) 319,661 December 31, 2016 U.S. government agencies 33,124 — (863 ) 32,261 U.S. agency mortgage-backed securities 56,826 22 (979 ) 55,869 U.S. agency collateralized mortgage obligations 38,737 41 (842 ) 37,936 Corporate bonds 52,928 8 (845 ) 52,091 Obligations of states and political subdivisions 128,428 346 (4,344 ) 124,430 Total debt securities 310,043 417 (7,873 ) 302,587 Marketable equity securities 5,469 55 — 5,524 Total securities available for sale 315,512 472 (7,873 ) 308,111
Schedule of contractual maturity of debt securities	The amortized cost and fair value of debt securities available for sale at December 31, 2017, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities due to certain call or prepayment provisions. CONTRACTUAL MATURITY OF DEBT SECURITIES (DOLLARS IN THOUSANDS) Amortized Cost Fair Value $ $ Due in one year or less 18,451 18,223 Due after one year through five years 122,859 121,231 Due after five years through ten years 68,321 67,020 Due after ten years 109,325 107,604 Total debt securities 318,956 314,078
Schedule of proceeds and gains and losses on securities available for sale	Proceeds from active sales of debt securities available for sale, along with the associated gross realized gains and gross realized losses, are shown below. Realized gains and losses are computed on the basis of specific identification. PROCEEDS FROM SALES OF SECURITIES AVAILABLE FOR SALE (DOLLARS IN THOUSANDS) Securities Available for Sale 2017 2016 2015 $ $ $ Proceeds from sales 80,642 163,085 154,384 Gross realized gains 946 2,457 2,934 Gross realized losses 271 87 94
Schedule of securities in an unrealized loss position (temporary impairment)	Information pertaining to securities with gross unrealized losses at December 31, 2017, and December 31, 2016, aggregated by investment category and length of time that individual securities have been in a continuous loss position follows: TEMPORARY IMPAIRMENTS OF SECURITIES (DOLLARS IN THOUSANDS) Less than 12 months More than 12 months Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses $ $ $ $ $ $ As of December 31, 2017 U.S. government agencies 9,941 (59 ) 24,411 (690 ) 34,352 (749 ) U.S. agency mortgage-backed securities 10,326 (78 ) 37,123 (838 ) 47,449 (916 ) U.S. agency collateralized mortgage obligations 29,551 (280 ) 20,980 (618 ) 50,531 (898 ) Corporate bonds 38,543 (282 ) 15,019 (307 ) 53,562 (589 ) Obligations of states & political subdivisions 15,188 (142 ) 68,278 (1,905 ) 83,466 (2,047 ) Total temporarily impaired securities 103,549 (841 ) 165,811 (4,358 ) 269,360 (5,199 ) As of December 31, 2016 U.S. government agencies 32,261 (863 ) — — 32,261 (863 ) U.S. agency mortgage-backed securities 47,418 (856 ) 3,989 (123 ) 51,407 (979 ) U.S. agency collateralized mortgage obligations 33,206 (842 ) — — 33,206 (842 ) Corporate bonds 45,335 (830 ) 2,002 (15 ) 47,337 (845 ) Obligations of states & political subdivisions 101,229 (4,063 ) 8,041 (281 ) 109,270 (4,344 ) Total temporarily impaired securities 259,449 (7,454 ) 14,032 (419 ) 273,481 (7,873 )

LOANS AND ALLOWANCE FOR LOAN 33

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Schedule of loan portfolio by category	The following table presents the Corporation’s loan portfolio by category of loans for 2017 and 2016. LOAN PORTFOLIO (DOLLARS IN THOUSANDS) December 31, 2017 2016 $ $ Commercial real estate Commercial mortgages 90,072 86,434 Agriculture mortgages 152,050 163,753 Construction 18,670 24,880 Total commercial real estate 260,792 275,067 Consumer real estate (a) 1-4 family residential mortgages 176,971 150,253 Home equity loans 11,181 10,391 Home equity lines of credit 61,104 53,127 Total consumer real estate 249,256 213,771 Commercial and industrial Commercial and industrial 41,426 42,471 Tax-free loans 20,722 13,091 Agriculture loans 18,794 21,630 Total commercial and industrial 80,942 77,192 Consumer 5,320 4,537 Gross loans prior to deferred costs and allowance for loan losses 596,310 570,567 Deferred loan costs, net 1,243 1,000 Allowance for loan losses (8,240 ) (7,562 ) Total net loans 589,313 564,005 (a) Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $98,262,000 and $66,767,000 as of December 31, 2017, and 2016, respectively.
Schedule of commercial and consumer credit exposure	COMMERCIAL CREDIT EXPOSURE CREDIT RISK PROFILE BY INTERNALLY ASSIGNED GRADE (DOLLARS IN THOUSANDS) Commercial Commercial Agriculture and Tax-free Agriculture December 31, 2017 Mortgages Mortgages Construction Industrial Loans Loans Total $ $ $ $ $ $ $ Grade: Pass 86,259 143,037 17,670 37,947 20,514 17,798 323,225 Special Mention 160 3,873 — 1,015 208 270 5,526 Substandard 3,653 5,140 1,000 2,464 — 726 12,983 Doubtful — — — — — — — Loss — — — — — — — Total 90,072 152,050 18,670 41,426 20,722 18,794 341,734 COMMERCIAL CREDIT EXPOSURE CREDIT RISK PROFILE BY INTERNALLY ASSIGNED GRADE (DOLLARS IN THOUSANDS) Commercial Commercial Agriculture and Tax-free Agriculture December 31, 2016 Mortgages Mortgages Construction Industrial Loans Loans Total $ $ $ $ $ $ $ Grade: Pass 78,367 155,820 23,880 36,887 13,091 20,245 328,290 Special Mention 4,860 5,360 — 1,955 — 653 12,828 Substandard 3,207 2,573 1,000 3,629 — 732 11,141 Doubtful — — — — — — — Loss — — — — — — — Total 86,434 163,753 24,880 42,471 13,091 21,630 352,259 CONSUMER CREDIT EXPOSURE CREDIT RISK PROFILE BY PAYMENT PERFORMANCE (DOLLARS IN THOUSANDS) 1-4 Family Home Equity December 31, 2017 Residential Home Equity Lines of Mortgages Loans Credit Consumer Total Payment performance: $ $ $ $ $ Performing 176,576 11,181 61,074 5,305 254,136 Non-performing 395 — 30 15 440 Total 176,971 11,181 61,104 5,320 254,576 CONSUMER CREDIT EXPOSURE CREDIT RISK PROFILE BY PAYMENT PERFORMANCE (DOLLARS IN THOUSANDS) 1-4 Family Home Equity December 31, 2016 Residential Home Equity Lines of Mortgages Loans Credit Consumer Total Payment performance: $ $ $ $ $ Performing 149,873 10,388 53,127 4,536 217,924 Non-performing 380 3 — 1 384 Total 150,253 10,391 53,127 4,537 218,308
Schedule of aging of loans receivable	The following tables present an age analysis of the Corporation’s past due loans, segregated by loan portfolio class, as of December 31, 2017 and 2016: AGING OF LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Loans December 31, 2017 Greater Receivable > 30-59 Days 60-89 Days than 90 Total Past Total Loans 90 Days and Past Due Past Due Days Due Current Receivable Accruing $ $ $ $ $ $ $ Commercial real estate Commercial mortgages — — 372 372 89,700 90,072 — Agriculture mortgages — — — — 152,050 152,050 — Construction — — — — 18,670 18,670 — Consumer real estate 1-4 family residential mortgages 533 248 395 1,176 175,795 176,971 395 Home equity loans 40 — — 40 11,141 11,181 — Home equity lines of credit — — 30 30 61,074 61,104 30 Commercial and industrial Commercial and industrial 65 109 — 174 41,252 41,426 — Tax-free loans — — — — 20,722 20,722 — Agriculture loans — — — — 18,794 18,794 — Consumer 8 3 15 26 5,294 5,320 15 Total 646 360 812 1,818 594,492 596,310 440 AGING OF LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Loans December 31, 2016 Greater Receivable > 30-59 Days 60-89 Days than 90 Total Past Total Loans 90 Days and Past Due Past Due Days Due Current Receivable Accruing $ $ $ $ $ $ $ Commercial real estate Commercial mortgages — 419 417 836 85,598 86,434 — Agriculture mortgages 165 — — 165 163,588 163,753 — Construction — — — — 24,880 24,880 — Consumer real estate 1-4 family residential mortgages 565 662 380 1,607 148,639 150,253 380 Home equity loans 178 — 3 181 10,307 10,391 3 Home equity lines of credit — — — — 53,037 53,127 — Commercial and industrial Commercial and industrial 266 — 75 341 42,130 42,471 — Tax-free loans — — — — 13,091 13,091 — Agriculture loans — — — — 21,630 21,630 — Consumer 16 4 1 21 4,516 4,537 1 Total 1,190 1,085 876 3,151 567,416 570,567 384
Schedule of nonaccrual loans by class	The following table presents non-accrual loans by classes of the loan portfolio as of December 31: NON-ACCRUAL LOANS BY LOAN CLASS (DOLLARS IN THOUSANDS) 2017 2016 $ $ Commercial real estate Commercial mortgages 393 646 Agriculture mortgages — — Construction — — Consumer real estate 1-4 family residential mortgages — — Home equity loans — — Home equity lines of credit — — Commercial and industrial Commercial and industrial — 75 Tax-free loans — — Agriculture loans — — Consumer — — Total 393 721
Schedule of impaired loans	The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2017: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 393 690 — 585 4 Agriculture mortgages 1,174 1,174 — 1,210 54 Construction — — — — — Total commercial real estate 1,567 1,864 — 1,795 58 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans 245 245 — 163 7 Total commercial and industrial 245 245 — 163 7 Total with no related allowance 1,812 2,109 — 1,958 65 With an allowance recorded: Commercial real estate Commercial mortgages — — — — — Agriculture mortgages — — — — — Construction — — — — — Total commercial real estate — — — — — Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with a related allowance — — — — — Total by loan class: Commercial real estate Commercial mortgages 393 690 — 585 4 Agriculture mortgages 1,174 1,174 — 1,210 54 Construction — — — — — Total commercial real estate 1,567 1,864 — 1,795 58 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans 245 245 — 163 7 Total commercial and industrial 245 245 — 163 7 Total 1,812 2,109 — 1,958 65 The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2016: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 646 743 — 768 2 Agriculture mortgages 1,248 1,248 — 1,285 55 Construction — — — — — Total commercial real estate 1,894 1,991 — 2,053 57 Commercial and industrial Commercial and industrial 75 75 — 76 — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial 75 75 — 76 — Total with no related allowance 1,969 2,066 — 2,129 57 With an allowance recorded: Commercial real estate Commercial mortgages — — — — — Agriculture mortgages — — — — — Construction — — — — — Total commercial real estate — — — — — Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with a related allowance — — — — — Total by loan class: Commercial real estate Commercial mortgages 646 743 — 768 2 Agriculture mortgages 1,248 1,248 — 1,285 55 Construction — — — — — Total commercial real estate 1,894 1,991 — 2,053 57 Commercial and industrial Commercial and industrial 75 75 — 76 — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial 75 75 — 76 — Total 1,969 2,066 — 2,129 57 The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2015: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 380 952 — 544 — Agriculture mortgages 1,325 1,325 — 1,359 83 Construction — — — — — Total commercial real estate 1,705 2,277 — 1,903 83 Commercial and industrial Commercial and industrial — 49 — 54 3 Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — 49 — 54 3 Total with no related allowance 1,705 2,326 — 1,957 86 With an allowance recorded: Commercial real estate Commercial mortgages — — — — — Agriculture mortgages — — — — — Construction — — — — — Total commercial real estate — — — — — Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with a related allowance — — — — — Total by loan class: Commercial real estate Commercial mortgages 380 952 — 544 — Agriculture mortgages 1,325 1,325 — 1,359 83 Construction — — — — — Total commercial real estate 1,705 2,277 — 1,903 83 Commercial and industrial Commercial and industrial — 49 — 54 3 Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — 49 — 54 3 Total 1,705 2,326 — 1,957 86
Schedule of allowance for credit losses	The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2017: ALLOWANCE FOR CREDIT LOSSES AND RECORDED INVESTMENT IN LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Commercial Commercial Consumer and Real Estate Real Estate Industrial Consumer Unallocated Total $ $ $ $ $ $ Allowance for credit losses: Beginning balance 3,795 1,652 1,552 82 481 7,562 Charge-offs (200 ) — (89 ) (28 ) — (317 ) Recoveries — 20 24 11 — 55 Provision (credit) 268 380 342 33 (83 ) 940 Ending balance 3,863 2,052 1,829 98 398 8,240 Ending balance: individually evaluated for impairment — — — — — — Ending balance: collectively evaluated for impairment 3,863 2,052 1,829 98 398 8,240 Loans receivable: Ending balance 260,792 249,256 80,942 5,320 596,310 Ending balance: individually evaluated for impairment 1,567 — 245 — 1,812 Ending balance: collectively evaluated for impairment 259,225 249,256 80,697 5,320 594,498 The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2016: ALLOWANCE FOR CREDIT LOSSES AND RECORDED INVESTMENT IN LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Commercial Commercial Consumer and Real Estate Real Estate Industrial Consumer Unallocated Total $ $ $ $ $ $ Allowance for credit losses: Beginning balance 3,831 1,403 1,314 62 468 7,078 Charge-offs — — (23 ) (31 ) — (54 ) Recoveries — 10 193 10 — 213 Provision (credit) (36 ) 239 68 41 13 325 Ending balance 3,795 1,652 1,552 82 481 7,562 Ending balance: individually evaluated for impairment — — — — — — Ending balance: collectively evaluated for impairment 3,795 1,652 1,552 82 481 7,562 Loans receivable: Ending balance 275,067 213,771 77,192 4,537 570,567 Ending balance: individually evaluated for impairment 1,894 — 75 — 1,969 Ending balance: collectively evaluated for impairment 273,173 213,771 77,117 4,537 568,598 The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2015: ALLOWANCE FOR CREDIT LOSSES AND RECORDED INVESTMENT IN LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Commercial Commercial Consumer and Real Estate Real Estate Industrial Consumer Unallocated Total $ $ $ $ $ $ Allowance for credit losses: Beginning balance 3,834 1,367 1,301 66 573 7,141 Charge-offs (272 ) (28 ) (44 ) (18 ) — (362 ) Recoveries 34 — 112 3 — 149 Provision (credit) 235 64 (55 ) 11 (105 ) 150 Ending balance 3,831 1,403 1,314 62 468 7,078 Ending balance: individually evaluated for impairment — — — — — — Ending balance: collectively evaluated for impairment 3,831 1,403 1,314 62 468 7,078 Loans receivable: Ending balance 260,900 181,200 73,577 3,892 519,569 Ending balance: individually evaluated for impairment 1,705 — — — 1,705 Ending balance: collectively evaluated for impairment 259,195 181,200 73,577 3,892 517,864

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of Premises and Equipment	The major classes of the Corporation’s premises and equipment and accumulated depreciation are as follows: December 31, 2017 2016 $ $ Land 5,043 3,787 Buildings and improvements 26,424 26,307 Furniture and equipment 13,510 12,970 Construction in process 2,773 180 Total 47,750 43,244 Less accumulated depreciation (22,063 ) (20,676 ) Premises and equipment 25,687 22,568

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2017
Deposits:
Schedule of Deposit Liabilities	Deposits by major classifications are summarized as follows: December 31, 2017 2016 $ $ Non-interest bearing demand 314,917 280,543 Interest-bearing demand 20,230 20,108 NOW accounts 86,758 85,540 Money market deposit accounts 105,994 93,943 Savings accounts 189,169 175,753 Time deposits under $250,000 143,073 151,988 Time deposits of $250,000 or more 6,336 9,616 Total deposits 866,477 817,491
Maturities of time deposits	At December 31, 2017, the scheduled maturities of time deposits are as follows: 2018 64,234 2019 29,406 2020 22,479 2021 22,355 2022 10,935 Total 149,409

SHORT TERM BORROWINGS (Tables)

SHORT TERM BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2017
Short-term Debt [Abstract]
Schedule of Short-term borrowings	A summary of short-term borrowings is as follows for the years ended December 31, 2017, 2016, and 2015: 2017 2016 2015 $ $ $ Total short-term borrowings outstanding at year end — 8,329 8,736 Average interest rate at year end — 0.65 0.29 Maximum outstanding at any month end 28,674 16,532 13,666 Average amount outstanding for the year 7,331 11,087 8,720 Weighted-average interest rate for the year 0.75% 0.49% 0.34%

OTHER BORROWED FUNDS (Tables)

OTHER BORROWED FUNDS (Tables)	12 Months Ended
	Dec. 31, 2017
Long-term Debt, Unclassified [Abstract]
Schedule of Federal Home Loan Bank Advances by Maturity	Maturities of other borrowings at December 31, 2017, and 2016, are summarized as follows: December 31, 2017 2016 Weighted- Weighted- Average Average Amount Rate Amount Rate $ % $ % FHLB fixed rate loans 2017 — — 15,000 1.26 2018 14,625 1.25 11,650 1.22 2019 12,237 1.53 9,267 1.58 2020 10,677 1.59 10,677 1.59 2021 14,505 1.72 9,443 1.59 2022 13,806 1.72 5,220 1.26 Total other borrowings 65,850 1.56 61,257 1.41

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Income Tax Reconciliation	Federal income tax expense as reported differs from the amount computed by applying the statutory Federal income tax rate to income before taxes. A reconciliation of the differences by amount and percent is as follows: FEDERAL INCOME TAX SUMMARY (DOLLARS IN THOUSANDS) Year Ended December 31, 2017 2016 2015 $ % $ % $ % Income tax at statutory rate 2,952 34.0 3,028 34.0 2,811 34.0 Tax-exempt interest income (1,620 ) (18.7 ) (1,478 ) (16.6 ) (1,270 ) (15.4 ) Non-deductible interest expense 72 0.8 52 0.6 39 0.5 Bank-owned life insurance (234 ) (2.7 ) (267 ) (3.0 ) (247 ) (3.0 ) Other 37 0.4 18 0.2 25 0.3 Change in corporate tax rate 1,131 13.1 — — — — Income tax expense 2,338 26.9 1,353 15.2 1,358 16.4
Schedule of Components of Income Tax Expense	Significant components of income tax expense are as follows: (DOLLARS IN THOUSANDS) Year Ended December 31, 2017 2016 2015 $ $ $ Current tax expense 842 1,734 1,095 Deferred tax expense (benefit) 365 (381 ) 275 Valuation allowance adjustment — — (12 ) Change in corporate tax rate 1,131 — — Income tax expense 2,338 1,353 1,358
Schedule of Deferred Tax Assets and Liabilities	Components of the Corporation's net deferred tax position are as follows: (DOLLARS IN THOUSANDS) December 31, 2017 2016 2015 $ $ $ Deferred tax assets Allowance for loan losses 2,802 2,571 2,406 Net unrealized holding losses on securities available for sale 1,016 2,516 130 Deferred compensation reserve 44 95 148 Capital loss carryforward — — 13 Tax credit carryforward 1,158 1,043 1,085 Allowance for off-balance sheet extensions of credit 108 117 155 Interest on non-accrual loans 174 166 155 Other 11 7 7 Total deferred tax assets 5,313 6,515 4,099 Valuation allowance — — (13 ) Net deferred taxes 5,313 6,515 4,086 Deferred tax liabilities Premises and equipment (2,670 ) (1,497 ) (1,852 ) Discount on investment securities — — (1 ) Other (161 ) (41 ) (24 ) Total deferred tax liabilities (2,831 ) (1,538 ) (1,877 ) Net deferred tax assets 2,482 4,977 2,209

REGULATORY MATTERS AND RESTRI39

REGULATORY MATTERS AND RESTRICTIONS (Tables)	12 Months Ended
	Dec. 31, 2017
Regulatory Capital Requirements [Abstract]
Schedule of Regulatory Capital Requirements	The following chart details the Corporation’s and the Bank’s capital levels as of December 31, 2017 and December 31, 2016, compared to regulatory levels. CAPITAL LEVELS To Be Well (DOLLARS IN THOUSANDS) Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provision $ % $ % $ % As of December 31, 2017 Total Capital to Risk-Weighted Assets Consolidated 111,512 15.0 59,525 8.0 74,406 10.0 Bank 109,961 14.8 59,502 8.0 74,378 10.0 Tier I Capital to Risk-Weighted Assets Consolidated 102,955 13.8 44,644 6.0 59,525 8.0 Bank 101,404 13.6 44,627 6.0 59,502 8.0 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 102,955 13.8 33,483 4.5 48,364 6.5 Bank 101,404 13.6 33,470 4.5 48,346 6.5 Tier I Capital to Average Assets Consolidated 102,955 10.1 40,971 4.0 51,214 5.0 Bank 101,404 9.9 40,971 4.0 51,214 5.0 As of December 31, 2016 Total Capital to Risk-Weighted Assets Consolidated 107,732 15.2 56,635 8.0 70,794 10.0 Bank 106,084 15.0 56,634 8.0 70,793 10.0 Tier I Capital to Risk-Weighted Assets Consolidated 99,824 14.1 42,476 6.0 56,635 8.0 Bank 98,176 13.9 42,476 6.0 56,634 8.0 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 99,824 14.1 31,857 4.5 46,016 6.5 Bank 98,176 13.9 31,857 4.5 46,015 6.5 Tier I Capital to Average Assets Consolidated 99,824 10.2 39,092 4.0 48,865 5.0 Bank 98,176 10.1 39,059 4.0 48,824 5.0

TRANSACTIONS WITH DIRECTORS A40

TRANSACTIONS WITH DIRECTORS AND OFFICERS (Tables)	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Schedule of Related Party Loans	The following table presents activity in the amounts due from directors, executive officers, immediate family, and affiliated companies. These transactions are made on the same terms and conditions, including interest rates and collateral requirements as those prevailing at the time for comparable transactions with others. An analysis of the activity with respect to such aggregate loans to related parties is shown below. LOANS TO INSIDERS (DOLLARS IN THOUSANDS) Actual $ Balance, January 1, 2016 4,248 Advances 2,427 Repayments (2,222 ) Balance, December 31, 2016 4,453 Balance, January 1, 2017 4,453 Advances 3,358 Repayments (2,142 ) Balance, December 31, 2017 5,669

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Schedule of assets measured on a recurring basis	The following table presents the assets reported on the Consolidated Balance Sheets at their fair value as of December 31, 2017, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. ASSETS REPORTED AT FAIR VALUE (DOLLARS IN THOUSANDS) December 31, 2017 Level I Level II Level III Total $ $ $ $ U.S. government agencies — 34,352 — 34,352 U.S. agency mortgage-backed securities — 52,073 — 52,073 U. S. agency collateralized mortgage obligations — 54,641 — 54,641 Corporate bonds — 60,769 — 60,769 Obligations of states and political subdivisions — 112,243 — 112,243 Marketable equity securities 5,583 — — 5,583 Total securities 5,583 314,078 — 319,661 The following table presents the assets reported on the Consolidated Balance Sheets at their fair value as of December 31, 2016, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. ASSETS REPORTED AT FAIR VALUE (DOLLARS IN THOUSANDS) December 31, 2016 Level I Level II Level III Total $ $ $ $ U.S. government agencies — 32,261 — 32,261 U.S. agency mortgage-backed securities — 55,869 — 55,869 U. S. agency collateralized mortgage obligations — 37,936 — 37,936 Corporate bonds — 52,091 — 52,091 Obligations of states and political subdivisions — 124,430 — 124,430 Marketable equity securities 5,524 — — 5,524 Total securities 5,524 302,587 — 308,111
Schedule of assets measured on a nonrecurring basis	The following table presents the assets measured on a nonrecurring basis on the Consolidated Balance Sheets at their fair value as of December 31, 2017, and December 31, 2016, by level within the fair value hierarchy. ASSETS MEASURED ON A NONRECURRING BASIS (DOLLARS IN THOUSANDS) December 31, 2017 Level I Level II Level III Total $ $ $ $ Assets: Impaired Loans — — 1,812 1,812 OREO — — — — Total — — 1,812 1,812 December 31, 2016 Level I Level II Level III Total $ $ $ $ Assets: Impaired Loans — — 1,969 1,969 OREO — — — — Total — — 1,969 1,969
Schedule of Level III inputs	The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis for which the Corporation has utilized level III inputs to determine fair value: QUANTITATIVE INFORMATION ABOUT LEVEL III FAIR VALUE MEASUREMENTS (DOLLARS IN THOUSANDS) December 31, 2017 Fair Value Valuation Unobservable Range Estimate Techniques Input (Weighted Avg) Impaired loans 1,812 Appraisal of collateral (1) Appraisal adjustments (2) 0% to -20% (-20%) Liquidation expenses (2) 0% to -10% (-10%) December 31, 2016 Fair Value Valuation Unobservable Range Estimate Techniques Input (Weighted Avg) Impaired loans 1,969 Appraisal of collateral (1) Appraisal adjustments (2) 0% to -20% (-20%) Liquidation expenses (2) 0% to -10% (-10%) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally includes various level III inputs which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.

DISCLOSURES ABOUT FAIR VALUE 42

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value, Assets, Liabilities and Stockholders' Equity Measured on Recurring Basis [Abstract]
Schedule of carrying amount and fair value of financial instruments	The carrying amounts and estimated fair values of the Corporation's financial instruments at December 31, 2017, are summarized as follows: FAIR VALUE OF FINANCIAL INSTRUMENTS (DOLLARS IN THOUSANDS) December 31, 2017 Quoted Prices in Active Markets Significant Other Significant for Identical Observable Unobservable Carrying Assets Inputs Inputs Amount Fair Value (Level I) (Level II) (Level III) $ $ $ $ $ Financial Assets: Cash and cash equivalents 53,073 53,073 53,073 — — Securities available for sale 319,661 319,661 5,583 314,078 — Regulatory stock 5,794 5,794 5,794 — — Loans held for sale 2,892 2,892 2,892 — — Loans, net of allowance 589,313 590,415 — — 590,415 Accrued interest receivable 3,684 3,684 3,684 — — Bank owned life insurance 27,814 27,814 27,814 — — Financial Liabilities: Demand deposits 314,917 314,917 314,917 — — Interest-bearing demand deposits 20,230 20,230 20,230 — — NOW accounts 86,758 86,758 86,758 — — Money market deposit accounts 105,994 105,994 105,994 — — Savings accounts 189,169 189,169 189,169 — — Time deposits 149,409 150,165 — — 150,165 Total deposits 866,477 867,233 717,068 — 150,165 Long-term debt 65,850 65,850 — — 65,850 Accrued interest payable 385 385 385 — — The carrying amounts and estimated fair values of the Corporation’s financial instruments at December 31, 2016, are summarized as follows: FAIR VALUE OF FINANCIAL INSTRUMENTS (DOLLARS IN THOUSANDS) December 31, 2016 Quoted Prices in Active Markets Significant Other Significant for Identical Observable Unobservable Carrying Assets Inputs Inputs Amount Fair Value (Level I) (Level II) (Level III) $ $ $ $ $ Financial Assets: Cash and cash equivalents 45,632 45,632 45,632 — — Securities available for sale 308,111 308,111 5,524 302,587 — Regulatory stock 5,372 5,372 5,372 — — Loans held for sale 2,552 2,552 2,552 — — Loans, net of allowance 564,005 563,418 — — 563,418 Accrued interest receivable 3,750 3,750 3,750 — — Bank owned life insurance 24,687 24,687 24,687 — — Financial Liabilities: Demand deposits 280,543 280,543 280,543 — — Interest-bearing demand deposits 20,108 20,108 20,108 — — NOW accounts 85,540 85,540 85,540 — — Money market deposit accounts 93,943 93,943 93,943 — — Savings accounts 175,753 175,753 175,753 — — Time deposits 161,604 163,464 — — 163,464 Total deposits 817,491 819,351 655,887 — 163,464 Short-term borrowings 8,329 8,329 8,329 — — Long-term debt 61,257 61,372 — — 61,372 Accrued interest payable 384 384 384 — —

ACCUMULATED OTHER COMPREHENSI43

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	12 Months Ended
	Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of accumulated other comprehensive income	The activity in accumulated other comprehensive loss for the years ended December 31, 2017 and 2016 is as follows: ACCUMULATED OTHER COMPREHENSIVE LOSS (1) (2) (DOLLARS IN THOUSANDS) Unrealized Gains (Losses) on Securities Available-for-Sale $ Balance at January 1, 2017 (4,885 ) Other comprehensive income before reclassifications 2,135 Amount reclassified from accumulated other comprehensive loss (445 ) Period change 1,690 Balance at December 31, 2017 (3,195 ) Balance at January 1, 2016 (252 ) Other comprehensive loss before reclassifications (3,069 ) Amount reclassified from accumulated other comprehensive loss (1,564 ) Period change (4,633 ) Balance at December 31, 2016 (4,885 ) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using a Federal income tax rate of 34%. (2) Amounts in parentheses indicate debits. DETAILS ABOUT ACCUMULATED OTHER COMPREHENSIVE LOSS COMPONENTS (1) (DOLLARS IN THOUSANDS) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Year Ended December 31, Affected Line Item 2017 2016 in the Consolidated $ $ Statements of Income Securities available-for-sale: Net securities gains reclassified into earnings 675 2,370 Gains on securities transactions, net Related income tax expense (230 ) (806 ) Provision for federal income taxes Net effect on accumulated other comprehensive loss for the period 445 1,564 Total reclassifications for the period 445 1,564 (1) Amounts in parentheses indicate debits.

CONDENSED PARENT ONLY DATA (Tab

CONDENSED PARENT ONLY DATA (Tables)	12 Months Ended
	Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Balance Sheet	Condensed Balance Sheets (Parent Company Only) (DOLLARS IN THOUSANDS) December 31, 2017 2016 $ $ Assets Cash 1,187 1,356 Securities available for sale (at fair value) 304 274 Equity in bank subsidiary 98,184 93,255 Other assets 84 54 Total assets 99,759 94,939 Stockholders' Equity Common stock 574 574 Capital surplus 4,415 4,403 Retained earnings 98,629 95,475 Accumulated other comprehensive loss, net of tax (3,195 ) (4,885 ) Treasury stock (664 ) (628 ) Total stockholders' equity 99,759 94,939
Condensed Statements of Comprehensive Income	Condensed Statements of Comprehensive Income (DOLLARS IN THOUSANDS) Year Ended December 31, 2017 2016 2015 $ $ $ Income Dividend income - investment securities 10 29 16 Gains on securities transactions 57 171 25 Dividend income 3,190 3,606 3,581 Undistributed earnings of bank subsidiary 3,228 3,918 3,462 Total income 6,485 7,724 7,084 Expense Shareholder expenses 120 125 118 Other expenses 21 46 56 Total expense 141 171 174 Net Income 6,344 7,553 6,910 Comprehensive Income 8,034 2,920 5,656
Condensed Statements of Cash Flows	Condensed Statements of Cash Flows (DOLLARS IN THOUSANDS) Year Ended December 31, 2017 2016 2015 Cash Flows from Operating Activities: $ $ $ Net Income 6,344 7,553 6,910 Equity in undistributed earnings of subsidiaries (3,228 ) (3,918 ) (3,462 ) Gains on securities transactions, net (57 ) (171 ) (25 ) Net change in other assets (30 ) 12 5 Net cash provided by operating activities 3,029 3,476 3,428 Cash Flows from Investing Activities: Proceeds from sales of securities available for sale 150 812 167 Purchases of securities available for sale (134 ) (358 ) (467 ) Net cash provided by (used for) investing activities 16 454 (300 ) Cash Flows from Financing Activities: Proceeds from issuance of treasury stock 544 489 512 Payment to repurchase common stock (568 ) (465 ) (752 ) Dividends paid (3,190 ) (3,107 ) (3,081 ) Net cash used for financing activities (3,214 ) (3,083 ) (3,321 ) Cash and Cash Equivalents: Net change in cash and cash equivalents (169 ) 847 (193 ) Cash and cash equivalents at beginning of period 1,356 509 702 Cash and cash equivalents at end of period 1,187 1,356 509

SUMMARY OF QUARTERLY FINANCIA45

SUMMARY OF QUARTERLY FINANCIAL DATA (Tables)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Data [Abstract]
Schedule of Quarterly Results of Operations	2017 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 7,982 8,213 8,444 8,478 Interest expense 702 731 754 752 Net interest income 7,280 7,482 7,690 7,726 Less provision for loan losses 90 120 240 490 Net interest income after provision for loan losses 7,190 7,362 7,450 7,236 Other income 2,412 2,512 2,622 2,775 Operating expenses: Salaries and employee benefits 4,719 4,811 4,840 4,970 Occupancy and equipment expenses 881 902 923 873 Other operating expenses 1,918 2,002 1,884 2,154 Total operating expenses 7,518 7,715 7,647 7,997 Income before income taxes 2,084 2,159 2,425 2,014 Provision for Federal income taxes 257 287 391 1,403 Net income 1,827 1,872 2,034 611 FINANCIAL RATIOS Per share data: Net income 0.64 0.66 0.71 0.21 Cash dividends paid 0.28 0.28 0.28 0.28 2016 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 6,886 6,294 7,393 7,768 Interest expense 811 757 751 735 Net interest income 6,075 5,537 6,642 7,033 Less provision (credit) for loan losses (50 ) 50 200 125 Net interest income after provision (credit) for loan losses 6,125 5,487 6,442 6,908 Other income 2,651 3,087 2,828 2,578 Operating expenses: Salaries and employee benefits 3,971 4,040 4,219 4,539 Occupancy and equipment expenses 777 787 831 879 Other operating expenses 1,734 1,885 1,698 1,840 Total operating expenses 6,482 6,712 6,748 7,258 Income before income taxes 2,294 1,862 2,522 2,228 Provision for Federal income taxes 382 218 445 308 Net income 1,912 1,644 2,077 1,920 FINANCIAL RATIOS Per share data: Net income 0.67 0.58 0.73 0.67 Cash dividends paid 0.27 0.27 0.27 0.28 2015 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 6,872 6,718 6,761 6,491 Interest expense 1,014 951 928 851 Net interest income 5,858 5,767 5,833 5,640 Less provision (credit) for loan losses 200 100 (150 ) — Net interest income after provision (credit) for loan losses 5,658 5,667 5,983 5,640 Other income 2,201 2,394 2,342 3,118 Operating expenses: Salaries and employee benefits 3,702 3,674 3,679 3,741 Occupancy and equipment expenses 822 822 791 783 Other operating expenses 1,626 1,691 1,620 1,784 Total operating expenses 6,150 6,187 6,090 6,308 Income before income taxes 1,709 1,874 2,235 2,450 Provision for Federal income taxes 243 278 382 455 Net income 1,466 1,596 1,853 1,995 FINANCIAL RATIOS Per share data: Net income 0.51 0.56 0.65 0.70 Cash dividends paid 0.27 0.27 0.27 0.27

SUMMARY OF SIGNIFICANT ACCOUN46

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	1 Months Ended			12 Months Ended
	Feb. 28, 2018	Mar. 31, 2017	Jan. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Allowances for off-balance sheet extensions of credit				$ 317,000	$ 345,000
Other Real Estate Owned (OREO)				0	0
Mortgage Servicing Rights (MSRs)				661,000	410,000
Bank owned life insurance				$ 27,814,000	$ 24,687,000
Employer matching contribution, maximum percentage of employee pay				7.50%	7.50%
Employer matching contribution, matching percentage				2.00%	2.00%
Increase in BOLI				$ 2,500,000
Advertising costs				$ 698,000	$ 614,000	$ 552,000
Percentage increase in assets and liabilities				0.00%	1.00%
Cumulative effect adjustment from accumulated other comprehensive income to retained earnings		$ 1,700	$ 36,000
Subsequent Event [Member]
Cumulative effect adjustment from accumulated other comprehensive income to retained earnings	$ 634,000
401(K) Plan [Member]
Employee contribution percentage				5.00%
Employer matching contribution, maximum percentage of employee pay				2.50%
Employer matching contribution, matching percentage				50.00%
Working hour in a calender year				1,000
401(K) Plan [Member] | Non-Elective contribution [Member]
Employee contribution percentage				3.00%
401(K) Plan [Member] | Elective contribution [Member]
Employee contribution percentage				2.00%
Lower Range [Member] | 401(K) Plan [Member] | Non-Elective contribution [Member]
Employee contribution percentage				2.00%
Upper Range [Member] | 401(K) Plan [Member] | Non-Elective contribution [Member]
Employee contribution percentage				3.00%
Buildings and improvements [Member] | Lower Range [Member]
Useful life				15 years
Buildings and improvements [Member] | Upper Range [Member]
Useful life				39 years
Furniture and Equipment [Member] | Lower Range [Member]
Useful life				4 years
Furniture and Equipment [Member] | Upper Range [Member]
Useful life				10 years

SECURITIES AVAILABLE FOR SALE47

SECURITIES AVAILABLE FOR SALE (Narrative) (Details)	Dec. 31, 2017USD ($)item	Dec. 31, 2016USD ($)
Schedule of Available-for-sale Securities [Line Items]
Available for sale debt securities pledged or restricted for public funds, par value	$ 64,580,000	$ 63,726,000
Available for sale debt securities pledged or restricted for public funds, fair value	$ 66,157,000	$ 65,770,000
Debt Security Portfolio [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities considered temporarily impaired | item	187

SECURITIES AVAILABLE FOR SALE48

SECURITIES AVAILABLE FOR SALE (Schedule of Amortized Cost and Fair Value of Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Securities Available For Sale
Amortized Cost	$ 324,503	$ 315,512
Gross Unrealized Gains	357	472
Gross Unrealized Losses	(5,199)	(7,873)
Fair Value	319,661	308,111
U.S. Government Agencies [Member]
Securities Available For Sale
Amortized Cost	35,101	33,124
Gross Unrealized Gains
Gross Unrealized Losses	(749)	(863)
Fair Value	34,352	32,261
U.S. Agency Mortgage-Backed Securities [Member]
Securities Available For Sale
Amortized Cost	52,981	56,826
Gross Unrealized Gains	8	22
Gross Unrealized Losses	(916)	(979)
Fair Value	52,073	55,869
U.S. Agency Collateralized Mortgage Obligations [Member]
Securities Available For Sale
Amortized Cost	55,493	38,737
Gross Unrealized Gains	46	41
Gross Unrealized Losses	(898)	(842)
Fair Value	54,641	37,936
Corporate Bonds [Member]
Securities Available For Sale
Amortized Cost	61,334	52,928
Gross Unrealized Gains	24	8
Gross Unrealized Losses	(589)	(845)
Fair Value	60,769	52,091
Obligations of States and Political Subdivisions [Member]
Securities Available For Sale
Amortized Cost	114,047	128,428
Gross Unrealized Gains	243	346
Gross Unrealized Losses	(2,047)	(4,344)
Fair Value	112,243	124,430
Total Debt Securities [Member]
Securities Available For Sale
Amortized Cost	318,956	310,043
Gross Unrealized Gains	321	417
Gross Unrealized Losses	(5,199)	(7,873)
Fair Value	314,078	302,587
Marketable equity securities [Member]
Securities Available For Sale
Amortized Cost	5,547	5,469
Gross Unrealized Gains	36	55
Gross Unrealized Losses
Fair Value	$ 5,583	$ 5,524

SECURITIES AVAILABLE FOR SALE49

SECURITIES AVAILABLE FOR SALE (Schedule of Contractual Maturity of Debt Securities) (Details) $ in Thousands	Dec. 31, 2017USD ($)
Contractual maturity of debt securities, Amortized Cost
Due in one year or less	$ 18,451
Due after one year through five years	122,859
Due after five years through ten years	68,321
Due after ten years	109,325
Total debt securities	318,956
Contractual maturity of debt securities, Fair Value
Due in one year or less	18,223
Due after one year through five years	121,231
Due after five years through ten years	67,020
Due after ten years	107,604
Securities available for sale	$ 314,078

SECURITIES AVAILABLE FOR SALE50

SECURITIES AVAILABLE FOR SALE (Schedule of Proceeds and Gains and Losses on Securities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Proceeds from sales of securities available for sale
Proceeds from sales	$ 80,642	$ 163,085	$ 154,384
Gross realized gains	946	2,457	2,934
Gross realized losses	$ 271	$ 87	$ 94

SECURITIES AVAILABLE FOR SALE51

SECURITIES AVAILABLE FOR SALE (Schedule of Securities in an Unrealized Loss Position) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Fair Value
Less than 12 months	$ 103,549	$ 259,449
More than 12 months	165,811	14,032
Total	269,360	273,481
Gross Unrealized Losses
Less than 12 months	(841)	(7,454)
More than 12 months	(4,358)	(419)
Total	(5,199)	(7,873)
U.S. Government Agencies [Member]
Fair Value
Less than 12 months	9,941	32,261
More than 12 months	24,411
Total	34,352	32,261
Gross Unrealized Losses
Less than 12 months	(59)	(863)
More than 12 months	(690)
Total	(749)	(863)
U.S. Agency Mortgage-Backed Securities [Member]
Fair Value
Less than 12 months	10,326	47,418
More than 12 months	37,123	3,989
Total	47,449	51,407
Gross Unrealized Losses
Less than 12 months	(78)	(856)
More than 12 months	(838)	(123)
Total	(916)	(979)
U.S. Agency Collateralized Mortgage Obligations [Member]
Fair Value
Less than 12 months	29,551	33,206
More than 12 months	20,980
Total	50,531	33,206
Gross Unrealized Losses
Less than 12 months	(280)	(842)
More than 12 months	(618)
Total	(898)	(842)
Corporate Bonds [Member]
Fair Value
Less than 12 months	38,543	45,335
More than 12 months	15,019	2,002
Total	53,562	47,337
Gross Unrealized Losses
Less than 12 months	(282)	(830)
More than 12 months	(307)	(15)
Total	(589)	(845)
Obligations of States and Political Subdivisions [Member]
Fair Value
Less than 12 months	15,188	101,229
More than 12 months	68,278	8,041
Total	83,466	109,270
Gross Unrealized Losses
Less than 12 months	(142)	(4,063)
More than 12 months	(1,905)	(281)
Total	$ (2,047)	$ (4,344)

LOANS AND ALLOWANCE FOR LOAN 52

LOANS AND ALLOWANCE FOR LOAN LOSSES (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Foregone interest income for impaired loans	$ 24,000	$ 23,000	$ 23,000
Increase/Decrease in ending balance of allowance for loan losses	$ 678,000	$ 484,000	$ (63,000)
Increase/Decrease in ending balance of allowance for loan losses	9.00%	6.80%	0.90%
Charge-offs	$ (317,000)	$ (54,000)	$ (362,000)
Recoveries	55,000	213,000	149,000
Provision	$ 940,000	$ 325,000	$ 150,000
Allowance as a percentage of loans	1.38%	1.32%	1.36%
Agriculture loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
TDR loan	$ 245,000
Loans Serviced for Others [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Real estate loans serviced for others	$ 98,262,000	$ 66,767,000
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Increase/Decrease in ending balance of allowance for loan losses		$ 14,200,000
Increase/Decrease in ending balance of allowance for loan losses		5.40%
Residential mortgage portfolio [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of loans to compensate by provision expense		7.00%
Home Equity Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of loans to compensate by provision expense		32.00%
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of loans to compensate by provision expense		1.00%
Charge-offs			$ 44,000
Recoveries			112,000
Provision			$ 55,000
Consumer loan segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision expense		$ 41,000
Charge-offs		$ 31,000

LOANS AND ALLOWANCE FOR LOAN 53

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Loan Portfolio by Category) (Details) - USD ($) $ in Thousands		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		$ 596,310	$ 570,567	$ 519,569
Deferred loan costs, net		1,243	1,000
Allowance for loan losses		8,240	7,562	7,078	$ 7,141
Net loans		589,313	564,005
Home Equity Loan [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		11,181	10,391
Consumer Home Equity Lines of Credit [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		61,104	53,127
Commercial Real Estate [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		260,792	275,067	260,900
Allowance for loan losses		3,863	3,795	3,831	3,834
Commercial Real Estate [Member] | Commercial and Industrial [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		90,072	86,434
Commercial Real Estate [Member] | Agriculture mortgages loans [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		152,050	163,753
Commercial Real Estate [Member] | Real Estate Loan [Member] | Commercial and Industrial [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		90,072	86,434
Commercial Real Estate [Member] | Construction Loans [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		18,670	24,880
Residential Portfolio Segment [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses	[1]	249,256	213,771
Allowance for loan losses			1,403
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses	[1]	176,971	150,253
Residential Portfolio Segment [Member] | Home Equity Loan [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses	[1]	11,181	10,391
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses	[1]	61,104	53,127
Commercial mortgages [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		80,942	77,192
Allowance for loan losses			1,552
Commercial mortgages [Member] | Commercial and Industrial [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		41,426	42,471
Commercial mortgages [Member] | Agriculture mortgages loans [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		18,794	21,630
Commercial mortgages [Member] | Government Sector [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		20,722	13,091
Consumer [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		5,320	4,537	3,892
Allowance for loan losses		$ 98	$ 82	$ 62	$ 66
[1]	Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $98,262,000 and $66,767,000 as of December 31, 2017, and 2016, respectively.

LOANS AND ALLOWANCE FOR LOAN 54

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Commercial and Consumer Credit Exposure) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Total	$ 341,734	$ 352,259
Pass [Member]
Total	323,225	328,290
Special Mention [Member]
Total	5,526	12,828
Substandard [Member]
Total	12,983	11,141
Doubtful [Member]
Total
Loss [Member]
Total
Construction Loans [Member]
Total	18,670	24,880
Construction Loans [Member] | Pass [Member]
Total	17,670	23,880
Construction Loans [Member] | Special Mention [Member]
Total
Construction Loans [Member] | Substandard [Member]
Total	1,000	1,000
Construction Loans [Member] | Doubtful [Member]
Total
Construction Loans [Member] | Loss [Member]
Total
Agriculture mortgages loans [Member]
Total	152,050	163,753
Agriculture mortgages loans [Member] | Pass [Member]
Total	143,037	155,820
Agriculture mortgages loans [Member] | Special Mention [Member]
Total	3,873	5,360
Agriculture mortgages loans [Member] | Substandard [Member]
Total	5,140	2,573
Agriculture mortgages loans [Member] | Doubtful [Member]
Total
Agriculture mortgages loans [Member] | Loss [Member]
Total
Commercial and Industrial [Member]
Total	41,426	42,471
Commercial and Industrial [Member] | Pass [Member]
Total	37,947	36,887
Commercial and Industrial [Member] | Special Mention [Member]
Total	1,015	1,955
Commercial and Industrial [Member] | Substandard [Member]
Total	2,464	3,629
Commercial and Industrial [Member] | Doubtful [Member]
Total
Commercial and Industrial [Member] | Loss [Member]
Total
Government Sector [Member]
Total	20,722	13,091
Government Sector [Member] | Pass [Member]
Total	20,514	13,091
Government Sector [Member] | Special Mention [Member]
Total	208
Government Sector [Member] | Substandard [Member]
Total
Government Sector [Member] | Doubtful [Member]
Total
Government Sector [Member] | Loss [Member]
Total
Agriculture loans [Member]
Total	18,794	21,630
Agriculture loans [Member] | Pass [Member]
Total	17,798	20,245
Agriculture loans [Member] | Special Mention [Member]
Total	270	653
Agriculture loans [Member] | Substandard [Member]
Total	726	732
Agriculture loans [Member] | Doubtful [Member]
Total
Agriculture loans [Member] | Loss [Member]
Total
Commercial mortgages [Member]
Total	90,072	86,434
Commercial mortgages [Member] | Pass [Member]
Total	86,259	78,367
Commercial mortgages [Member] | Special Mention [Member]
Total	160	4,860
Commercial mortgages [Member] | Substandard [Member]
Total	3,653	3,207
Commercial mortgages [Member] | Doubtful [Member]
Total
Commercial mortgages [Member] | Loss [Member]
Total

LOANS AND ALLOWANCE FOR LOAN 55

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Credit Risk Profile by Payment Performance) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Gross loans prior to deferred costs and allowance for loan losses	$ 596,310	$ 570,567	$ 519,569
Consumer Borrower [Member]
Gross loans prior to deferred costs and allowance for loan losses	254,576	218,308
Home Equity Loan [Member]
Gross loans prior to deferred costs and allowance for loan losses	11,181	10,391
Consumer Home Equity Lines of Credit [Member]
Gross loans prior to deferred costs and allowance for loan losses	61,104	53,127
1-4 Family Residential Mortgages [Member]
Gross loans prior to deferred costs and allowance for loan losses	176,971	150,253
Consumer [Member]
Gross loans prior to deferred costs and allowance for loan losses	5,320	4,537	$ 3,892
Performing [Member]
Gross loans prior to deferred costs and allowance for loan losses	254,136	217,924
Performing [Member] | Home Equity Loan [Member]
Gross loans prior to deferred costs and allowance for loan losses	11,181	10,388
Performing [Member] | Consumer Home Equity Lines of Credit [Member]
Gross loans prior to deferred costs and allowance for loan losses	61,074	53,127
Performing [Member] | 1-4 Family Residential Mortgages [Member]
Gross loans prior to deferred costs and allowance for loan losses	176,576	149,873
Performing [Member] | Consumer [Member]
Gross loans prior to deferred costs and allowance for loan losses	5,305	4,536
Nonperforming [Member]
Gross loans prior to deferred costs and allowance for loan losses	440	384
Nonperforming [Member] | Home Equity Loan [Member]
Gross loans prior to deferred costs and allowance for loan losses		3
Nonperforming [Member] | Consumer Home Equity Lines of Credit [Member]
Gross loans prior to deferred costs and allowance for loan losses	30
Nonperforming [Member] | 1-4 Family Residential Mortgages [Member]
Gross loans prior to deferred costs and allowance for loan losses	395	380
Nonperforming [Member] | Consumer [Member]
Gross loans prior to deferred costs and allowance for loan losses	$ 15	$ 1

LOANS AND ALLOWANCE FOR LOAN 56

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Aging of Loans Receivable) (Details) - USD ($) $ in Thousands		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		$ 1,818	$ 3,151
Current		594,492	567,416
Total Loans Receivable		596,310	570,567	$ 519,569
Loans Receivable - Greater than 90 Days and Accruing		440	384
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		646	1,190
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		360	1,085
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		812	876
Home Equity Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable		11,181	10,391
Consumer Home Equity Lines of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable		61,104	53,127
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable		260,792	275,067	260,900
Commercial Real Estate [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Current		18,670	24,880
Total Loans Receivable		18,670	24,880
Loans Receivable - Greater than 90 Days and Accruing
Commercial Real Estate [Member] | Construction Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Commercial Real Estate [Member] | Construction Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Commercial Real Estate [Member] | Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	[1]	249,256	213,771
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		1,176	1,607
Current		175,795	148,639
Total Loans Receivable	[1]	176,971	150,253
Loans Receivable - Greater than 90 Days and Accruing		395	380
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		533	565
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		248	662
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		395	380
Residential Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		40	181
Current		11,141	10,307
Total Loans Receivable	[1]	11,181	10,391
Loans Receivable - Greater than 90 Days and Accruing			3
Residential Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		40	178
Residential Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Residential Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due			3
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		30
Current		61,074	53,037
Total Loans Receivable	[1]	61,104	53,127
Loans Receivable - Greater than 90 Days and Accruing		30
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		30
Commercial mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable		80,942	77,192
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		26	21
Current		5,294	4,516
Total Loans Receivable		5,320	4,537	$ 3,892
Loans Receivable - Greater than 90 Days and Accruing		15	1
Consumer [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		8	16
Consumer [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		3	4
Consumer [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		15	1
Commercial and Industrial [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		372	836
Current		89,700	85,598
Total Loans Receivable		90,072	86,434
Loans Receivable - Greater than 90 Days and Accruing
Commercial and Industrial [Member] | Commercial Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Commercial and Industrial [Member] | Commercial Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due			419
Commercial and Industrial [Member] | Commercial Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		372	417
Commercial and Industrial [Member] | Commercial Real Estate [Member] | Real Estate Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable		90,072	86,434
Commercial and Industrial [Member] | Commercial mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		174	341
Current		41,252	42,130
Total Loans Receivable		41,426	42,471
Loans Receivable - Greater than 90 Days and Accruing
Commercial and Industrial [Member] | Commercial mortgages [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		65	266
Commercial and Industrial [Member] | Commercial mortgages [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		109
Commercial and Industrial [Member] | Commercial mortgages [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due			75
Agriculture mortgages loans [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due			165
Current		152,050	163,588
Total Loans Receivable		152,050	163,753
Loans Receivable - Greater than 90 Days and Accruing
Agriculture mortgages loans [Member] | Commercial Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due			165
Agriculture mortgages loans [Member] | Commercial Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Agriculture mortgages loans [Member] | Commercial Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Agriculture mortgages loans [Member] | Commercial mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Current		18,794	21,630
Total Loans Receivable		18,794	21,630
Loans Receivable - Greater than 90 Days and Accruing
Agriculture mortgages loans [Member] | Commercial mortgages [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Agriculture mortgages loans [Member] | Commercial mortgages [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Agriculture mortgages loans [Member] | Commercial mortgages [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Government Sector [Member] | Commercial mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Current		20,722	13,091
Total Loans Receivable		20,722	13,091
Loans Receivable - Greater than 90 Days and Accruing
Government Sector [Member] | Commercial mortgages [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Government Sector [Member] | Commercial mortgages [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Government Sector [Member] | Commercial mortgages [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
[1]	Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $98,262,000 and $66,767,000 as of December 31, 2017, and 2016, respectively.

LOANS AND ALLOWANCE FOR LOAN 57

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Nonaccrual Loans by Class) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans	$ 393	$ 721
Commercial Real Estate [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans
Residential Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans
Commercial and Industrial [Member] | Commercial Real Estate [Member] | Real Estate Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans	393	646
Commercial and Industrial [Member] | Commercial mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans		75
Agriculture mortgages loans [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans
Agriculture mortgages loans [Member] | Commercial mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans
Government Sector [Member] | Commercial mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual Loans

LOANS AND ALLOWANCE FOR LOAN 58

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Impaired Loans by Loan Portfolio Class) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Loans with no related allowance recorded:
Recorded Investment	$ 1,812	$ 1,969	$ 1,705
Unpaid Principal Balance	2,109	2,066	2,326
Average Recorded Investment	1,958	2,129	1,957
Interest Income Recognized	65	57	86
Loans with an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Total impaired loans
Recorded Investment	1,958	1,969	1,957
Unpaid Principal Balance	65	2,066	86
Average Recorded Investment	1,958	2,129	1,957
Interest Income Recognized	65	57	86
Commercial Real Estate [Member]
Loans with no related allowance recorded:
Recorded Investment	1,567	1,894	1,705
Unpaid Principal Balance	1,864	1,991	2,277
Average Recorded Investment	1,795	2,053	1,903
Interest Income Recognized	58	57	83
Loans with an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Total impaired loans
Recorded Investment	1,567	1,894	1,705
Unpaid Principal Balance	1,864	1,991	2,277
Average Recorded Investment	1,795	2,053	1,903
Interest Income Recognized	58	57	83
Commercial Real Estate [Member] | Agriculture mortgages loans [Member]
Loans with no related allowance recorded:
Recorded Investment	1,174	1,248	1,325
Unpaid Principal Balance	1,174	1,248	1,325
Average Recorded Investment	1,210	1,285	1,359
Interest Income Recognized	54	55	83
Loans with an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Total impaired loans
Recorded Investment	1,174	1,248	1,325
Unpaid Principal Balance	1,174	1,248	1,325
Average Recorded Investment	1,210	1,285	1,359
Interest Income Recognized	54	55	83
Commercial Real Estate [Member] | Commercial mortgages [Member]
Loans with no related allowance recorded:
Recorded Investment	393	646	380
Unpaid Principal Balance	690	743	952
Average Recorded Investment	585	768	544
Interest Income Recognized	4	2
Loans with an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Total impaired loans
Recorded Investment	393	646	380
Unpaid Principal Balance	690	743	952
Average Recorded Investment	585	768	544
Interest Income Recognized	4	2
Commercial Real Estate [Member] | Construction Loans [Member]
Loans with no related allowance recorded:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
Loans with an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Total impaired loans
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
Commercial and Industrial [Member]
Loans with no related allowance recorded:
Recorded Investment	245	75
Unpaid Principal Balance	245	75	49
Average Recorded Investment	163	76	54
Interest Income Recognized	7		3
Loans with an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Total impaired loans
Recorded Investment	245	75
Unpaid Principal Balance	245	75	49
Average Recorded Investment	163	76	54
Interest Income Recognized	7		3
Commercial and Industrial [Member] | Agriculture mortgages loans [Member]
Loans with no related allowance recorded:
Recorded Investment	245
Unpaid Principal Balance	245
Average Recorded Investment	163
Interest Income Recognized	7
Loans with an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Total impaired loans
Recorded Investment	245
Unpaid Principal Balance	245
Average Recorded Investment	163
Interest Income Recognized	7
Commercial and Industrial [Member] | Tax-free loans [Member]
Loans with no related allowance recorded:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
Loans with an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related Allowance
Average Recorded Investment
Interest Income Recognized
Total impaired loans
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized

LOANS AND ALLOWANCE FOR LOAN 59

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Schedule of Allowance for Credit Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Allowance for credit losses:
Beginning balance	$ 7,562	$ 7,078	$ 7,141
Charge-offs	(317)	(54)	(362)
Recoveries	55	213	149
Provision (credit)	940	325	150
Ending balance	8,240	7,562	7,078
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	8,240	7,562	7,078
Loans receivable:
Total Loans Receivable	596,310	570,567	519,569
Ending balance: Individually evaluated for impairment	1,812	1,969	1,705
Ending balance: Collectively evaluated for impairment	594,498	568,598	517,864
Commercial Real Estate [Member]
Allowance for credit losses:
Beginning balance	3,795	3,831	3,834
Charge-offs	(200)		(272)
Recoveries			34
Provision (credit)	268	(36)	235
Ending balance	3,863	3,795	3,831
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	3,863	3,795	3,831
Loans receivable:
Total Loans Receivable	260,792	275,067	260,900
Ending balance: Individually evaluated for impairment	1,567	1,894	1,705
Ending balance: Collectively evaluated for impairment	259,225	273,173	259,195
Consumer Real Estate [Member]
Allowance for credit losses:
Beginning balance	1,652	1,403	1,367
Charge-offs			(28)
Recoveries	20	10
Provision (credit)	380	239	64
Ending balance	2,052	1,652	1,403
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	2,052	1,652	1,403
Loans receivable:
Total Loans Receivable	249,256	213,771	181,200
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	249,256	213,771	181,200
Commercial and Industrial [Member]
Allowance for credit losses:
Beginning balance	1,552	1,314	1,301
Charge-offs	(89)	(23)	(44)
Recoveries	24	193	112
Provision (credit)	342	68	(55)
Ending balance	1,829	1,552	1,314
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	1,829	1,552	1,314
Loans receivable:
Total Loans Receivable	80,942	77,192	73,577
Ending balance: Individually evaluated for impairment	245	75
Ending balance: Collectively evaluated for impairment	80,697	77,117	73,577
Consumer [Member]
Allowance for credit losses:
Beginning balance	82	62	66
Charge-offs	(28)	(31)	(18)
Recoveries	11	10	3
Provision (credit)	33	41	11
Ending balance	98	82	62
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	98	82	62
Loans receivable:
Total Loans Receivable	5,320	4,537	3,892
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	5,320	4,537	3,892
Unallocated [Member]
Allowance for credit losses:
Beginning balance	481	468	573
Charge-offs
Recoveries
Provision (credit)	(83)	13	(105)
Ending balance	398	481	468
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	$ 398	$ 481	$ 468

PREMISES AND EQUIPMENT (Narrati

PREMISES AND EQUIPMENT (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Depreciation	$ 1,391,000	$ 1,408,000	$ 1,440,000

PREMISES AND EQUIPMENT (Schedul

PREMISES AND EQUIPMENT (Schedule of Premises and Equipment and Accumulated Depreciation) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Premises and equipment, gross	$ 47,750	$ 43,244
Less accumulated depreciation	(22,063)	(20,676)
Premises and equipment, net	25,687	22,568
Land [Member]
Premises and equipment, gross	5,043	3,787
Buildings and improvements [Member]
Premises and equipment, gross	26,424	26,307
Furniture and Equipment [Member]
Premises and equipment, gross	13,510	12,970
Construction in Progress [Member]
Premises and equipment, gross	$ 2,773	$ 180

REGULATORY STOCK (Narrative) (D

REGULATORY STOCK (Narrative) (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Federal Home Loan Bank Stock and Federal Reserve Bank Stock [Abstract]
Federal Home Loan Bank Stock	$ 5,606,000	$ 5,184,000
Federal Reserve Bank Stock	151,000	151,000
Atlantic Community Bankers' Bank Stock	$ 37,000	$ 37,000
Federal Home Loan Bank quarterly dividend yield, annualized on activity stock	6.75%	5.00%
Federal Home Loan Bank quarterly dividend yield, annualized on membership stock	3.50%	2.00%

DEPOSITS (Schedule of Deposits

DEPOSITS (Schedule of Deposits by Major Classification) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deposits:
Non-interest bearing demand	$ 314,917	$ 280,543
Interest-bearing demand	20,230	20,108
NOW accounts	86,758	85,540
Money market deposit accounts	105,994	93,943
Savings accounts	189,169	175,753
Time deposits under $250,000	143,073	151,988
Time deposits of $250,000 or more	6,336	9,616
Total deposits	$ 866,477	$ 817,491

DEPOSITS (Schedule of Maturitie

DEPOSITS (Schedule of Maturities of Time Deposits) (Details) $ in Thousands	Dec. 31, 2017USD ($)
Maturities of time deposits
2,018	$ 64,234
2,019	29,406
2,020	22,479
2,021	22,355
2,022	10,935
Total	$ 149,409

SHORT TERM BORROWINGS (Narrativ

SHORT TERM BORROWINGS (Narrative) (Details) $ in Millions	Dec. 31, 2017USD ($)
Federal Fund Lines [Member]
Amount of borrowings available	$ 32
FRB Discount Window [Member]
Amount of borrowings available	$ 29.8

SHORT TERM BORROWINGS (Schedule

SHORT TERM BORROWINGS (Schedule of Short-Term Borrowings) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Total short-term borrowings outstanding at year end		$ 8,329	$ 8,736
Short-term Borrowings [Member]
Average interest rate at year end	0.00%	0.65%	0.29%
Maximum outstanding at any month end	$ 28,674	$ 16,532	$ 13,666
Average amount outstanding for the year	$ 7,331	$ 11,087	$ 8,720
Weighted-average interest rate for the year	0.75%	0.49%	0.34%

OTHER BORROWED FUNDS (Narrative

OTHER BORROWED FUNDS (Narrative) (Details) - Federal Home Loan Bank Advances [Member] $ in Millions	Dec. 31, 2017USD ($)
Maximum borrowing capacity	$ 352.3
Amount available to be borrowed	$ 286.5

OTHER BORROWED FUNDS (Schedule

OTHER BORROWED FUNDS (Schedule of Maturities of other borrowings) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Federal Home Loan bank Advances
Federal Home Loan Bank Advances	$ 65,850	$ 61,257
Weighted- Average Rate %	1.56%	1.41%
FHLB Fixed Rate Loans 1 [Member]
Federal Home Loan bank Advances
Maturity Year	2,017	2,017
Federal Home Loan Bank Advances		$ 15,000
Weighted- Average Rate %		1.26%
FHLB Fixed Rate Loans 2 [Member]
Federal Home Loan bank Advances
Maturity Year	2,018	2,018
Federal Home Loan Bank Advances	$ 14,625	$ 11,650
Weighted- Average Rate %	1.25%	1.22%
FHLB Fixed Rate Loans 3 [Member]
Federal Home Loan bank Advances
Maturity Year	2,019	2,019
Federal Home Loan Bank Advances	$ 12,237	$ 9,267
Weighted- Average Rate %	1.53%	1.58%
FHLB Fixed Rate Loans 4 [Member]
Federal Home Loan bank Advances
Maturity Year	2,020	2,020
Federal Home Loan Bank Advances	$ 10,677	$ 10,677
Weighted- Average Rate %	1.59%	1.59%
FHLB Fixed Rate Loans 5 [Member]
Federal Home Loan bank Advances
Maturity Year	2,021	2,021
Federal Home Loan Bank Advances	$ 14,505	$ 9,443
Weighted- Average Rate %	1.72%	1.59%
FHLB Fixed Rate Loans 6 [Member]
Federal Home Loan bank Advances
Maturity Year	2,022	2,022
Federal Home Loan Bank Advances	$ 13,806	$ 5,220
Weighted- Average Rate %	1.72%	1.26%

CAPITAL TRANSACTIONS (Details)

CAPITAL TRANSACTIONS (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended			17 Months Ended	144 Months Ended	192 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2017	Jun. 17, 2015
Class of Stock Disclosures [Abstract]
Stock buyback plan authorized							140,000
Weighted-average cost per share of shares repurchased	$ 33.54
Share discount via stock purchase plan	10.00%			10.00%	10.00%	10.00%
Treasury stock purchased, shares	16,500	14,000	22,935	42,635
Treasury stock issued, shares	15,941	14,858	15,623
Shares issued under Employee Stock Purchase Plan (ESPP)	8,162	6,880				100,652
Shares issued under Dividend Reinvestment Plan (DRP)	6,368	6,265			91,437
Shares issued under Directors' Stock Purchase Plan	1,411	1,713				16,236
Treasury shares	19,734	19,175		19,734	19,734	19,734
Weighted-average cost per share of treasury stock	$ 33.65			$ 33.65	$ 33.65	$ 33.65
Cost basis of treasury shares	$ 664,000			$ 664,000	$ 664,000	$ 664,000

RETIREMENT PLANS (Details)

RETIREMENT PLANS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Defined Contribution Plan Disclosure [Line Items]
Contribution, percentage	7.50%	7.50%
Matching contribution, percentage of match	2.00%	2.00%
401(K) Plan [Member]
Defined Contribution Plan Disclosure [Line Items]
Contribution, percentage	2.50%
Matching contribution, percentage of match	50.00%
Employee contribution	5.00%
Working hour in a calender year	1,000
Elective contribution [Member] | 401(K) Plan [Member]
Defined Contribution Plan Disclosure [Line Items]
Employee contribution	2.00%
Non-Elective contribution [Member] | 401(K) Plan [Member]
Defined Contribution Plan Disclosure [Line Items]
Employee contribution	3.00%
Non-Elective contribution [Member] | 401(K) Plan [Member] | Upper Range [Member]
Defined Contribution Plan Disclosure [Line Items]
Employee contribution	3.00%
Non-Elective contribution [Member] | 401(K) Plan [Member] | Lower Range [Member]
Defined Contribution Plan Disclosure [Line Items]
Employee contribution	2.00%
Pension [Member]
Defined Contribution Plan Disclosure [Line Items]
Covered compensation limit of the defined contribution pension plan	$ 270,000	$ 265,000	$ 265,000
Expenses recognized for defined contribution plans	$ 704,000	$ 651,000	$ 497,000
Contribution, percentage	5.00%	5.00%	5.00%
401(k) Plan [Member]
Defined Contribution Plan Disclosure [Line Items]
Expenses recognized for defined contribution plans	$ 316,000	$ 266,000	$ 225,000
Contribution, percentage	5.00%
Matching contribution, percentage of match	50.00%
Effective contribution rate	2.50%
Employee contribution	5.00%
Working hour in a calender year	1,000
401(k) Plan [Member] | Participants Under Age 50 [Member]
Defined Contribution Plan Disclosure [Line Items]
Maximum contribution to plans	$ 18,000	18,000	18,000
401(k) Plan [Member] | Participants Over Age 50 [Member]
Defined Contribution Plan Disclosure [Line Items]
Maximum contribution to plans	$ 24,000	$ 24,000	$ 23,000

DEFERRED COMPENSATION (Details)

DEFERRED COMPENSATION (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Deferred Compensation Arrangements [Abstract]
Life insurance policies, aggregate face amount	$ 3,409,000	$ 3,409,000
Death benefits of life insurance policies	6,680,000	6,399,000
Cash surrender value of life insurance policies	4,775,000	4,726,000
Net present value of deferred life insurance payments	$ 130,000	$ 279,000
Discount rate used in net present value calculation	4.50%	4.50%
Deferred compensation expense	$ 9,000	$ 16,000	$ 23,000

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Alternative minimum tax credits	$ 1,158,000	$ 1,043,000

INCOME TAXES (Schedule of Incom

INCOME TAXES (Schedule of Income Tax Reconciliation) (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income tax at statutory rate													$ 2,952	$ 3,028	$ 2,811
Tax-exempt interest income													(1,620)	(1,478)	(1,270)
Non-deductible interest expense													72	52	39
Bank-owned life insurance													(234)	(267)	(247)
Other													37	18	25
Change in corporate tax rate													1,131
Income tax expense	$ 1,403	$ 391	$ 287	$ 257	$ 308	$ 445	$ 218	$ 382	$ 455	$ 382	$ 278	$ 243	$ 2,338	$ 1,353	$ 1,358
Income tax at statutory rate, rate													34.00%	34.00%	34.00%
Tax-exempt interest income, rate													(18.70%)	(16.60%)	(15.40%)
Non-deductible interest expense, rate													0.80%	0.60%	0.50%
Bank-owned life insurance, rate													(2.70%)	(3.00%)	(3.00%)
Other, rate													0.40%	0.20%	0.30%
Change in corporate tax rate													13.10%
Income tax expense, rate													26.90%	15.20%	16.40%

INCOME TAXES (Schedule of Compo

INCOME TAXES (Schedule of Components of Income Tax Expense) (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Current tax expense													$ 842	$ 1,734	$ 1,095
Deferred tax expense (benefit)													365	(381)	275
Valuation allowance adjustment															(12)
Change in corporate tax rate													1,131
Income tax expense	$ 1,403	$ 391	$ 287	$ 257	$ 308	$ 445	$ 218	$ 382	$ 455	$ 382	$ 278	$ 243	$ 2,338	$ 1,353	$ 1,358

INCOME TAXES (Schedule of Com75

INCOME TAXES (Schedule of Components of Corporation's Net Deferred Tax Position) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets
Allowance for loan losses	$ 2,802	$ 2,571	$ 2,406
Net unrealized holding losses on securities available for sale	1,016	2,516	130
Deferred compensation reserve	44	95	148
Capital loss carryforward			13
Tax credit carryforward	1,158	1,043	1,085
Allowance for off-balance sheet extensions of credit	108	117	155
Interest on non-accrual loans	174	166	155
Other	11	7	7
Total deferred tax assets	5,313	6,515	4,099
Valuation allowance			(13)
Net deferred taxes	5,313	6,515	4,086
Deferred tax liabilities
Premises and equipment	(2,670)	(1,497)	(1,852)
Discount on investment securities			(1)
Other	(161)	(41)	(24)
Total deferred tax liabilities	(2,831)	(1,538)	(1,877)
Net deferred tax assets	$ 2,482	$ 4,977	$ 2,209

REGULATORY MATTERS AND RESTRI76

REGULATORY MATTERS AND RESTRICTIONS (Narrative) (Details) $ in Millions	Dec. 31, 2017USD ($)
Regulatory Capital Requirements [Abstract]
Retained net profits available to pay dividends	$ 7.1

REGULATORY MATTERS AND RESTRI77

REGULATORY MATTERS AND RESTRICTIONS (Schedule of Retained Net Profits Available to Pay Dividends) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Bank [Member]
Total Capital
Total Capital	$ 109,961	$ 106,084
Total Capital (to risk-weighted assets) ratio	14.80%	15.00%
Amount of capital for adequacy purposes	$ 59,502	$ 56,634
Amount of capital for adequacy purposes, ratio	8.00%	8.00%
To be well-capitalized	$ 74,378	$ 70,793
To be well-capitalized, ratio	10.00%	10.00%
Tier 1 Capital (to risk-weighted assets)
Tier 1 Capital	$ 101,404	$ 98,176
Tier 1 Capital (to risk-weighted assets) ratio	13.60%	13.90%
Amount of Tier 1 Capital for adequacy purposes	$ 44,627	$ 42,476
Amount of Tier 1 Capital for adequacy purposes, ratio	6.00%	6.00%
Tier 1 Capital to be well-capitalized	$ 59,502	$ 56,634
Tier 1 Capital to be well-capitalized, ratio	8.00%	8.00%
Common Equity Tier I Capital (to risk-weighted assets)
Common Equity Tier I Capital	$ 101,404	$ 98,176
Common Equity Tier I Capital ratio	13.60%	13.90%
Amount of Common Equity Tier 1 Capital for adequacy purposes	$ 33,470	$ 31,857
Amount of Common Equity Tier 1 Capital for adequacy purposes, ratio	4.50%	4.50%
Common Equity Tier 1 Capital to be well-capitalized	$ 48,346	$ 46,016
Common Equity Tier 1 Capital to be well-capitalized, ratio	6.50%	6.50%
Tier 1 Leverage Capital (to average assets)
Tier 1 Capital	$ 101,404	$ 98,176
Tier 1 Capital (to average assets) ratio	9.90%	10.10%
Amount of Tier 1 Capital for adequacy purposes	$ 40,971	$ 39,059
Amount of Tier 1 Capital for adequacy purposes, ratio	4.00%	4.00%
Tier 1 Capital to be well-capitalized	$ 51,214	$ 48,824
Tier 1 Capital to be well-capitalized, ratio	5.00%	5.00%
Consolidated [Member]
Total Capital
Total Capital	$ 111,512	$ 107,732
Total Capital (to risk-weighted assets) ratio	15.00%	15.20%
Amount of capital for adequacy purposes	$ 59,525	$ 56,635
Amount of capital for adequacy purposes, ratio	8.00%	8.00%
To be well-capitalized	$ 74,406	$ 70,794
To be well-capitalized, ratio	10.00%	10.00%
Tier 1 Capital (to risk-weighted assets)
Tier 1 Capital	$ 102,955	$ 99,824
Tier 1 Capital (to risk-weighted assets) ratio	13.80%	14.10%
Amount of Tier 1 Capital for adequacy purposes	$ 44,644	$ 42,476
Amount of Tier 1 Capital for adequacy purposes, ratio	6.00%	6.00%
Tier 1 Capital to be well-capitalized	$ 59,525	$ 56,635
Tier 1 Capital to be well-capitalized, ratio	8.00%	8.00%
Common Equity Tier I Capital (to risk-weighted assets)
Common Equity Tier I Capital	$ 102,955	$ 99,824
Common Equity Tier I Capital ratio	13.80%	14.10%
Amount of Common Equity Tier 1 Capital for adequacy purposes	$ 33,483	$ 31,857
Amount of Common Equity Tier 1 Capital for adequacy purposes, ratio	4.50%	4.50%
Common Equity Tier 1 Capital to be well-capitalized	$ 48,364	$ 46,016
Common Equity Tier 1 Capital to be well-capitalized, ratio	6.50%	6.50%
Tier 1 Leverage Capital (to average assets)
Tier 1 Capital	$ 102,955	$ 99,824
Tier 1 Capital (to average assets) ratio	10.10%	10.20%
Amount of Tier 1 Capital for adequacy purposes	$ 40,971	$ 39,092
Amount of Tier 1 Capital for adequacy purposes, ratio	4.00%	4.00%
Tier 1 Capital to be well-capitalized	$ 51,214	$ 48,865
Tier 1 Capital to be well-capitalized, ratio	5.00%	5.00%

TRANSACTIONS WITH DIRECTORS A78

TRANSACTIONS WITH DIRECTORS AND OFFICERS (Narrative) (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Related Party Transactions [Abstract]
Related party deposit liabilities	$ 4,034,000	$ 4,999,000

TRANSACTIONS WITH DIRECTORS A79

TRANSACTIONS WITH DIRECTORS AND OFFICERS (Schedule of Related Party Loans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Loans to Insiders
Beginning Balance	$ 4,453	$ 4,248
Advances	3,358	2,427
Repayments	(2,142)	(2,222)
Ending Balance	$ 5,669	$ 4,453

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Commitment to extend credit	$ 270.5	$ 234.6
Loan Commitments [Member]
Commitment to extend credit	45	35.1
Line of Credit [Member]
Commitment to extend credit	214.2	189.2
Open Letter of Credit [Member]
Commitment to extend credit	$ 11.3	$ 10.3

FINANCIAL INSTRUMENTS WITH CO81

FINANCIAL INSTRUMENTS WITH CONCENTRATIONS OF CREDIT RISK (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Loans receivable:
Legal Lending Limit	$ 16,494,000	$ 15,913,000
Legal Lending Limit, percent	15.00%	15.00%
Policy Lending Limit	$ 12,371,000	$ 11,934,000
Policy Lending Limit, percent	75.00%	75.00%
Gross loans prior to deferred costs and allowance for loan losses	$ 596,310,000	$ 570,567,000	$ 519,569,000
Securities Available for sale:
Gross Amortized Cost	324,503,000	$ 315,512,000
Commercial and Industrial Tax Free Loans [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 20,700,000
Commercial and Industrial Tax Free Loans [Member] | Credit concentration risk [Member]
Loans receivable:
Concentration risk (as a percentage)	3.50%
Total Commercial and Industrial [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 80,900,000
NAICS Dairy Cattle and Milk Production Loans [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 81,200,000
NAICS Dairy Cattle and Milk Production Loans [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	13.60%
NAICS Non-Residential Real Estate Investment Loans [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 38,700,000
NAICS Non-Residential Real Estate Investment Loans [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	6.50%
Broilers and other chicken production loans [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 38,800,000
Broilers and other chicken production loans [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	6.50%
Commercial Real Estate Agriculture Mortgages [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	25.50%	28.70%
Commercial Real Estate [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 260,800,000
Commercial Real Estate [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	43.70%
Total Consumer Real Estate [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 249,300,000	$ 213,800,000
Total Consumer Real Estate [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	41.80%	37.50%
More Typically Known Corporate Bonds [Member]
Securities Available for sale:
Concentration Risk Percentage, as compared to total debt securities	20.00%
Concentration Risk Percentage, as compared to total municipal securities portfolio	55.00%
Corporate Bonds [Member]
Securities Available for sale:
Gross Amortized Cost	$ 61,334,000	$ 52,928,000
Concentration Risk Percentage, as compared to total debt securities	19.20%
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member]
Securities Available for sale:
Gross Amortized Cost	$ 13,400,000
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member] | Insurance Companies [Member]
Securities Available for sale:
Gross Amortized Cost	2,100,000
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member] | Farm Equipment Companies [Member]
Securities Available for sale:
Gross Amortized Cost	1,000,000
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member] | Energy companies [Member]
Securities Available for sale:
Gross Amortized Cost	4,100,000
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member] | Real Estate Companies [Member]
Securities Available for sale:
Gross Amortized Cost	2,100,000
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member] | Healthcare [Member]
Securities Available for sale:
Gross Amortized Cost	2,100,000
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member] | Biotechnology [Member]
Securities Available for sale:
Gross Amortized Cost	2,000,000
Corporate Bonds [Member] | Financial and Brokerage Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	$ 47,900,000
Concentration Risk Percentage, as compared to total corporate bond securities	78.10%
Corporate Bonds [Member] | Domestic Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	$ 39,100,000
Corporate Bonds [Member] | Domestic Issuers [Member] | Financial and Brokerage Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	25,600,000
Corporate Bonds [Member] | Domestic Issuers [Member] | Financial and Brokerage Issuers [Member] | Commercial Paper - Brokerage [Member]
Securities Available for sale:
Gross Amortized Cost	11,100,000
Corporate Bonds [Member] | Domestic Issuers [Member] | Financial and Brokerage Issuers [Member] | Commercial Paper - Bank Debt [Member]
Securities Available for sale:
Gross Amortized Cost	14,500,000
Corporate Bonds [Member] | Foreign Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	22,200,000
Corporate Bonds [Member] | Foreign Issuers [Member] | Financial and Brokerage Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	22,300,000
Corporate Bonds [Member] | Foreign Issuers [Member] | Financial and Brokerage Issuers [Member] | Commercial Paper [Member]
Securities Available for sale:
Gross Amortized Cost	22,300,000
Obligations of States and Political Subdivisions - States of Illinois [Member]
Securities Available for sale:
Gross Amortized Cost	$ 15,200,000
Concentration Risk Percentage, as compared to total debt securities	4.80%
Concentration Risk Percentage, as compared to total municipal securities portfolio	13.50%
Obligations of States and Political Subdivisions - State of Texas [Member]
Securities Available for sale:
Gross Amortized Cost	$ 19,500,000
Concentration Risk Percentage, as compared to total debt securities	6.20%
Concentration Risk Percentage, as compared to total municipal securities portfolio	17.40%
Obligations of states and political subdivisions - State of Pennsylvania [Member]
Securities Available for sale:
Gross Amortized Cost	$ 30,400,000
Concentration Risk Percentage, as compared to total debt securities	9.70%
Concentration Risk Percentage, as compared to total municipal securities portfolio	27.10%

FAIR VALUE MEASUREMENTS (Narrat

FAIR VALUE MEASUREMENTS (Narrative) (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Financing Receivable, Recorded Investment	$ 1,958,000	$ 1,969,000	$ 1,957,000
CRA Investment Fund [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities, book value	5,280,000	5,250,000
Regulatory Bank Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities, book value	267,000	219,000
Regulatory Bank Stock [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities, market value	$ 303,000	$ 274,000

FAIR VALUE MEASUREMENTS (Schedu

FAIR VALUE MEASUREMENTS (Schedule of Assets Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Recurring Fair Value Measurements
Securities available for sale (at fair value)	$ 319,661	$ 308,111
Fair Value Measured on a Recurring Basis [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	314,078	308,111
Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	5,583	5,524
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	314,078	302,587
Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
U.S. Government Agencies [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	34,352	32,261
U.S. Government Agencies [Member] | Fair Value Measured on a Recurring Basis [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	34,352	32,261
U.S. Government Agencies [Member] | Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
U.S. Government Agencies [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	34,352	32,261
U.S. Government Agencies [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
U.S. Agency Mortgage-Backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	52,073	55,869
U.S. Agency Mortgage-Backed Securities [Member] | Fair Value Measured on a Recurring Basis [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	52,073	55,869
U.S. Agency Mortgage-Backed Securities [Member] | Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
U.S. Agency Mortgage-Backed Securities [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	52,073	55,869
U.S. Agency Mortgage-Backed Securities [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
U.S. Agency Collateralized Mortgage Obligations [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	54,641	37,936
U.S. Agency Collateralized Mortgage Obligations [Member] | Fair Value Measured on a Recurring Basis [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	54,641	37,936
U.S. Agency Collateralized Mortgage Obligations [Member] | Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
U.S. Agency Collateralized Mortgage Obligations [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	54,641	37,936
U.S. Agency Collateralized Mortgage Obligations [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Corporate Bonds [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	60,769	52,091
Corporate Bonds [Member] | Fair Value Measured on a Recurring Basis [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	60,769	52,091
Corporate Bonds [Member] | Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Corporate Bonds [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	60,769	52,091
Corporate Bonds [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Obligations of States and Political Subdivisions [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	112,243	124,430
Obligations of States and Political Subdivisions [Member] | Fair Value Measured on a Recurring Basis [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	112,243	124,430
Obligations of States and Political Subdivisions [Member] | Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Obligations of States and Political Subdivisions [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	112,243	124,430
Obligations of States and Political Subdivisions [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Marketable equity securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	5,583	5,524
Marketable equity securities [Member] | Fair Value Measured on a Recurring Basis [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)		5,524
Marketable equity securities [Member] | Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	5,583	5,524
Marketable equity securities [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Marketable equity securities [Member] | Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)

FAIR VALUE MEASUREMENTS (Sche84

FAIR VALUE MEASUREMENTS (Schedule of Assets Measured on Nonrecurring Basis) (Details) - Fair Value Measured on a Nonrecurring Basis [Member] - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Non-Recurring Fair Value Measurements
Impaired Loans	$ 1,812	$ 1,969
OREO
Total Fair Value, non-recurring	1,812	1,969
Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Non-Recurring Fair Value Measurements
Impaired Loans
OREO
Total Fair Value, non-recurring
Significant Other Observable Inputs (Level II) [Member]
Non-Recurring Fair Value Measurements
Impaired Loans
OREO
Total Fair Value, non-recurring
Significant Unobservable Inputs (Level III) [Member]
Non-Recurring Fair Value Measurements
Impaired Loans	1,812	1,969
OREO
Total Fair Value, non-recurring	$ 1,812	$ 1,969

FAIR VALUE MEASUREMENTS (Sche85

FAIR VALUE MEASUREMENTS (Schedule of Level III Inputs to Determine Fair Value) (Details) - Impaired Loans [Member] - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Fair Value, non-recurring		$ 1,812	$ 1,969
Valuation Techniques	[1]	Appraisal of collateral	Appraisal of collateral
Lower Range [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Fair Value, non-recurring		$ 1,812	$ 1,969
Unobservable inputs - Appraisal adjustments		(20.00%)	(20.00%)
Unobservable inputs - Liquidation expenses		(10.00%)	(10.00%)
Upper Range [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Fair Value, non-recurring		$ 1,812	$ 1,969
Unobservable inputs - Appraisal adjustments		0.00%	0.00%
Unobservable inputs - Liquidation expenses		0.00%	0.00%
Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total Fair Value, non-recurring		$ 1,812	$ 1,969
Unobservable inputs - Appraisal adjustments		(20.00%)	(20.00%)
Unobservable inputs - Liquidation expenses		(10.00%)	(10.00%)
[1]	Fair value is generally determined through independent appraisals of the underlying collateral, which generally includes various level III inputs which are not identifiable.

DISCLOSURES ABOUT FAIR VALUE 86

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Financial Assets:
Cash and cash equivalents	$ 53,073	$ 45,632	$ 44,227	$ 43,412
Securities available for sale	319,661	308,111
Regulatory stock	5,794	5,372
Loans, net of allowance	589,313	564,005
Bank owned life insurance	27,814	24,687
Financial Liabilities:
Demand deposits	314,917	280,543
Interest-bearing demand deposits	20,230	20,108
NOW accounts	86,758	85,540
Money market deposit accounts	105,994	93,943
Savings accounts	189,169	175,753
Total deposits	866,477	817,491
Short-term borrowings		8,329	$ 8,736
Long-term debt	65,850	61,257
Carrying Amount [Member]
Financial Assets:
Cash and cash equivalents	53,073	45,632
Securities available for sale	319,661	308,111
Regulatory stock	5,794	5,372
Loans held for sale	2,892	2,552
Loans, net of allowance	589,313	564,005
Accrued interest receivable	3,684	3,750
Bank owned life insurance	27,814	24,687
Financial Liabilities:
Demand deposits	314,917	280,543
Interest-bearing demand deposits	20,230	20,108
NOW accounts	86,758	85,540
Money market deposit accounts	105,994	93,943
Savings accounts	189,169	175,753
Time deposits	149,409	161,604
Total deposits	866,477	817,491
Short-term borrowings		8,329
Long-term debt	65,850	61,257
Accrued interest payable	385	384
Fair Value [Member]
Financial Assets:
Cash and cash equivalents	53,073	45,632
Securities available for sale	319,661	308,111
Regulatory stock	5,794	5,372
Loans held for sale	2,892	2,552
Loans, net of allowance	590,415	563,418
Accrued interest receivable	3,684	3,750
Bank owned life insurance	27,814	24,687
Financial Liabilities:
Demand deposits	314,917	280,543
Interest-bearing demand deposits	20,230	20,108
NOW accounts	86,758	85,540
Money market deposit accounts	105,994	93,943
Savings accounts	189,169	175,753
Time deposits	150,165	163,464
Total deposits	867,233	819,351
Short-term borrowings		8,329
Long-term debt	65,850	61,372
Accrued interest payable	385	384
Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Financial Assets:
Cash and cash equivalents	53,073	45,632
Securities available for sale	5,583	5,524
Regulatory stock	5,794	5,372
Loans held for sale	2,892	2,552
Loans, net of allowance
Accrued interest receivable	3,684	3,750
Bank owned life insurance	27,814	24,687
Financial Liabilities:
Demand deposits	314,917	280,543
Interest-bearing demand deposits	20,230	20,108
NOW accounts	86,758	85,540
Money market deposit accounts	105,994	93,943
Savings accounts	189,169	175,753
Time deposits
Total deposits	717,068	655,887
Short-term borrowings		8,329
Long-term debt
Accrued interest payable	385	384
Fair Value [Member] | Significant Other Observable Inputs (Level II) [Member]
Financial Assets:
Cash and cash equivalents
Securities available for sale	314,078	302,587
Regulatory stock
Loans held for sale
Loans, net of allowance
Accrued interest receivable
Bank owned life insurance
Financial Liabilities:
Demand deposits
Interest-bearing demand deposits
NOW accounts
Money market deposit accounts
Savings accounts
Time deposits
Total deposits
Short-term borrowings
Long-term debt
Accrued interest payable
Fair Value [Member] | Significant Unobservable Inputs (Level III) [Member]
Financial Assets:
Cash and cash equivalents
Securities available for sale
Regulatory stock
Loans held for sale
Loans, net of allowance	590,415	563,418
Accrued interest receivable
Bank owned life insurance
Financial Liabilities:
Demand deposits
Interest-bearing demand deposits
NOW accounts
Money market deposit accounts
Savings accounts
Time deposits	150,165	163,464
Total deposits	150,165	163,464
Short-term borrowings
Long-term debt	65,850	61,372
Accrued interest payable

ACCUMULATED OTHER COMPREHENSI87

ACCUMULATED OTHER COMPREHENSIVE LOSS (Schedule of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning		$ 94,939	$ 95,102	$ 92,767
Other comprehensive income (loss), net of tax		1,690	(4,633)	(1,254)
Balance, ending		$ 99,759	$ 94,939	$ 95,102
Federal income tax rate		34.00%	34.00%	34.00%
Unrealized Gain (Losses) on Securities AFS [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning	[1],[2]	$ (4,885)	$ (252)
Other comprehensive income before reclassifications	[1],[2]	2,135	(3,069)
Amount reclassified from accumulated other comprehensive loss	[1],[2]	(445)	(1,564)
Other comprehensive income (loss), net of tax	[1],[2]	1,690	(4,633)
Balance, ending	[1],[2]	$ (3,195)	$ (4,885)	$ (252)
Federal income tax rate		34.00%	34.00%
[1]	All amounts are net of tax. Related income tax expense or benefit is calculated using a Federal income tax rate of 34%.
[2]	Amounts in parentheses indicate debits.

ACCUMULATED OTHER COMPREHENSI88

ACCUMULATED OTHER COMPREHENSIVE LOSS (Schedule of Amounts Reclassified from AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gains on securities transactions, net													$ 675	$ 2,370	$ 2,840
Provision for federal income taxes	$ (1,403)	$ (391)	$ (287)	$ (257)	$ (308)	$ (445)	$ (218)	$ (382)	$ (455)	$ (382)	$ (278)	$ (243)	(2,338)	(1,353)	(1,358)
Reclassifications for the period	$ 611	$ 2,034	$ 1,872	$ 1,827	$ 1,920	$ 2,077	$ 1,644	$ 1,912	$ 1,995	$ 1,853	$ 1,596	$ 1,466	6,344	7,553	$ 6,910
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassifications for the period													445	1,564
Reclassification out of Accumulated Other Comprehensive Income [Member] | Unrealized Gain (Losses) on Securities AFS [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gains on securities transactions, net													675	2,370
Provision for federal income taxes													(230)	(806)
Reclassifications for the period													$ 445	$ 1,564

CONDENSED PARENT ONLY DATA (Con

CONDENSED PARENT ONLY DATA (Condensed Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash	$ 53,073	$ 45,632	$ 44,227	$ 43,412
Securities available for sale (at fair value)	319,661	308,111
Other assets	9,388	11,326
Total assets	1,033,622	984,253
Stockholders' Equity:
Capital stock	574	574
Capital surplus	4,415	4,403
Retained earnings	98,629	95,475
Accumulated other comprehensive loss, net of tax	(3,195)	(4,885)
Treasury stock	(664)	(628)
Total stockholders' equity	99,759	94,939	95,102	92,767
Parent Company [Member]
ASSETS
Cash	1,187	1,356	$ 509	$ 702
Securities available for sale (at fair value)	304	274
Equity in bank subsidiary	98,184	93,255
Other assets	84	54
Total assets	99,759	94,939
Stockholders' Equity:
Capital stock	574	574
Capital surplus	4,415	4,403
Retained earnings	98,629	95,475
Accumulated other comprehensive loss, net of tax	(3,195)	(4,885)
Treasury stock	(664)	(628)
Total stockholders' equity	$ 99,759	$ 94,939

CONDENSED PARENT ONLY DATA (C90

CONDENSED PARENT ONLY DATA (Condensed Statements of Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income
Gains on securities transactions													$ 675	$ 2,370	$ 2,840
Dividend income													387	335	359
Expense
Other expenses													2,518	2,315	2,351
Total expenses	$ 7,997	$ 7,647	$ 7,715	$ 7,518	$ 7,258	$ 6,748	$ 6,712	$ 6,482	$ 6,308	$ 6,090	$ 6,187	$ 6,150	30,877	27,200	24,735
Net income	$ 611	$ 2,034	$ 1,872	$ 1,827	$ 1,920	$ 2,077	$ 1,644	$ 1,912	$ 1,995	$ 1,853	$ 1,596	$ 1,466	6,344	7,553	6,910
Comprehensive Income													8,034	2,920	5,656
Parent Company [Member]
Income
Dividend income - investment securities													10	29	16
Gains on securities transactions													57	171	25
Dividend income													3,190	3,606	3,581
Undistributed earnings of bank subsidiary													3,228	3,918	3,462
Total Income													6,485	7,724	7,084
Expense
Shareholder expenses													120	125	118
Other expenses													21	46	56
Total expenses													141	171	174
Net income													6,344	7,553	6,910
Comprehensive Income													$ 8,034	$ 2,920	$ 5,656

CONDENSED PARENT ONLY DATA (C91

CONDENSED PARENT ONLY DATA (Condensed Statements of Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash Flows from Operating Activities:
Net income	$ 611	$ 2,034	$ 1,872	$ 1,827	$ 1,920	$ 2,077	$ 1,644	$ 1,912	$ 1,995	$ 1,853	$ 1,596	$ 1,466	$ 6,344	$ 7,553	$ 6,910
Gains on securities transactions, net													(675)	(2,370)	(2,840)
Net cash provided by operating activities													11,350	10,444	10,408
Cash Flows from Investing Activities:
Proceeds from sales of securities available for sale													80,642	163,085	154,384
Purchases of securities available for sale													(114,269)	(251,616)	(199,023)
Net cash provided by (used for) investing activities													(45,945)	(84,641)	(52,713)
Cash Flows from Financing Activities:
Proceeds from issuance of treasury stock													544	489	512
Payment to repurchase common stock													(568)	(465)	(752)
Dividends paid													(3,190)	(3,107)	(3,081)
Net cash used for financing activities													42,036	75,602	43,120
Cash and Cash Equivalents:
Net change in cash and cash equivalents													7,441	1,405	815
Cash and cash equivalents at beginning of period				45,632				44,227				43,412	45,632	44,227	43,412
Cash and cash equivalents at end of period	53,073				45,632				44,227				53,073	45,632	44,227
Parent Company [Member]
Cash Flows from Operating Activities:
Net income													6,344	7,553	6,910
Equity in undistributed earnings of subsidiaries													(3,228)	(3,918)	(3,462)
Gains on securities transactions, net													(57)	(171)	(25)
Net change in other assets													(30)	12	5
Net cash provided by operating activities													3,029	3,476	3,428
Cash Flows from Investing Activities:
Proceeds from sales of securities available for sale													150	812	167
Purchases of securities available for sale													(134)	(358)	(467)
Net cash provided by (used for) investing activities													16	454	(300)
Cash Flows from Financing Activities:
Proceeds from issuance of treasury stock													544	489	512
Payment to repurchase common stock													(568)	(465)	(752)
Dividends paid													(3,190)	(3,107)	(3,081)
Net cash used for financing activities													(3,214)	(3,083)	(3,321)
Cash and Cash Equivalents:
Net change in cash and cash equivalents													(169)	847	(193)
Cash and cash equivalents at beginning of period				$ 1,356				$ 509				$ 702	1,356	509	702
Cash and cash equivalents at end of period	$ 1,187				$ 1,356				$ 509				$ 1,187	$ 1,356	$ 509

SUMMARY OF QUARTERLY FINANCIA92

SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Quarterly Financial Data [Abstract]
Interest income	$ 8,478	$ 8,444	$ 8,213	$ 7,982	$ 7,768	$ 7,393	$ 6,294	$ 6,886	$ 6,491	$ 6,761	$ 6,718	$ 6,872	$ 33,117	$ 28,341	$ 26,842
Interest expense	752	754	731	702	735	751	757	811	851	928	951	1,014	2,939	3,054	3,744
Net interest income	7,726	7,690	7,482	7,280	7,033	6,642	5,537	6,075	5,640	5,833	5,767	5,858	30,178	25,287	23,098
Less provision (credit) for loan losses	490	240	120	90	125	200	50	(50)		(150)	100	200
Net interest income after credit for loan losses	7,236	7,450	7,362	7,190	6,908	6,442	5,487	6,125	5,640	5,983	5,667	5,658	29,238	24,962	22,948
Other income	2,775	2,622	2,512	2,412	2,578	2,828	3,087	2,651	3,118	2,342	2,394	2,201	10,321	11,144	10,055
Operating expenses:
Salaries and employee benefits	4,970	4,840	4,811	4,719	4,539	4,219	4,040	3,971	3,741	3,679	3,674	3,702	19,340	16,769	14,796
Occupancy and equipment expenses	873	923	902	881	879	831	787	777	783	791	822	822
Other operating expenses	2,154	1,884	2,002	1,918	1,840	1,698	1,885	1,734	1,784	1,620	1,691	1,626
Total operating expenses	7,997	7,647	7,715	7,518	7,258	6,748	6,712	6,482	6,308	6,090	6,187	6,150	30,877	27,200	24,735
Income before income taxes	2,014	2,425	2,159	2,084	2,228	2,522	1,862	2,294	2,450	2,235	1,874	1,709	8,682	8,906	8,268
Provision for Federal income taxes	1,403	391	287	257	308	445	218	382	455	382	278	243	2,338	1,353	1,358
Net income	$ 611	$ 2,034	$ 1,872	$ 1,827	$ 1,920	$ 2,077	$ 1,644	$ 1,912	$ 1,995	$ 1,853	$ 1,596	$ 1,466	$ 6,344	$ 7,553	$ 6,910
Earnings per share of common stock	$ 0.21	$ 0.71	$ 0.66	$ 0.64	$ 0.67	$ 0.73	$ 0.58	$ 0.67	$ 0.70	$ 0.65	$ 0.56	$ 0.51	$ 2.23	$ 2.65	$ 2.42
Cash dividends paid per share	$ 0.28	$ 0.28	$ 0.28	$ 0.28	$ 0.28	$ 0.27	$ 0.27	$ 0.27	$ 0.27	$ 0.27	$ 0.27	$ 0.27	$ 1.12	$ 1.09	$ 1.08

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Subsequent Events Details
Expected life insurance proceeds	$ 910