ENB Financial (ENBP) 10-K 27 Mar 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Mar. 06, 2020	Jun. 30, 2019
Document And Entity Information
Entity Registrant Name	ENB Financial Corp
Entity Central Index Key	0001437479
Document Type	10-K
Document Period End Date	Dec. 31, 2019
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	Non-accelerated Filer
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Public Float			$ 70,576,836
Entity Common Stock, Shares Outstanding		5,611,832
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	PA
Entity File Number	000-53297
Document Annual Report	true
Document Transition Report	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 24,304	$ 26,675
Interest-bearing deposits in other banks	16,749	14,690
Total cash and cash equivalents	41,053	41,365
Securities available for sale (at fair value)	308,097	294,065
Equity securities available for sale (at fair value)	6,708	5,934
Loans held for sale	2,342	1,429
Loans (net of unearned income)	753,618	694,073
Less: Allowance for loan losses	9,447	8,666
Net loans	744,171	685,407
Premises and equipment	25,033	25,551
Regulatory stock	7,291	6,348
Bank owned life insurance	28,818	28,085
Other assets	8,237	9,658
Total assets	1,171,750	1,097,842
Deposits:
Noninterest-bearing	363,857	369,081
Interest-bearing	610,231	550,653
Total deposits	974,088	919,734
Short-term borrowings	200	7,870
Long-term debt	77,872	65,386
Other liabilities	2,902	2,050
Total liabilities	1,055,062	995,040
Stockholders' equity:
Common stock, par value $0.10 as of 12/31/19; $0.20 as of 12/31/18 Shares: Authorized 24,000,000 as of 12/31/19; 12,000,000 as of 12/31/18 Issued 5,739,114 and Outstanding 5,640,742 as of 12/31/19 Issued 2,869,557 and Outstanding 2,852,532 as of 12/31/18	574	574
Capital surplus	4,482	4,435
Retained earnings	111,944	104,067
Accumulated other comprehensive income (loss) net of tax	1,600	(5,678)
Less: Treasury stock cost on 98,372 shares as of 12/31/19 17,025 shares as of 12/31/18	(1,912)	(596)
Total stockholders' equity	116,688	102,802
Total liabilities and stockholders' equity	$ 1,171,750	$ 1,097,842

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.10	$ 0.20
Common stock, authorized	24,000,000	12,000,000
Common stock, issued	5,739,114	2,869,557
Common stock, outstanding	5,640,742	2,852,532
Treasury shares	98,372	17,025

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Interest and dividend income:
Interest and fees on loans	$ 33,318	$ 27,966
Interest on securities available for sale
Taxable	4,898	4,704
Tax-exempt	2,433	2,861
Interest on deposits at other banks	371	392
Dividend income	717	575
Total interest and dividend income	41,737	36,498
Interest expense:
Interest on deposits	3,551	2,067
Interest on borrowings	1,568	1,307
Total interest expense	5,119	3,374
Net interest income	36,618	33,124
Provision for loan losses	770	660
Net interest income after provision for loan losses	35,848	32,464
Other income:
Trust and investment services income	2,042	1,959
Service fees	2,744	2,929
Commissions	2,889	2,596
Gains (losses) on sale of debt securities, net	411	(286)
Gains (losses) on equity securities, net	88	(5)
Gains on sale of mortgages	1,936	1,602
Earnings on bank-owned life insurance	731	1,638
Other income	465	604
Total other income	11,306	11,037
Operating expenses:
Salaries and employee benefits	21,032	20,240
Occupancy	2,432	2,475
Equipment	1,172	1,129
Advertising & marketing	820	773
Computer software & data processing	2,637	2,341
Shares tax	930	901
Professional services	2,088	1,974
Other expense	2,522	2,613
Total operating expenses	33,633	32,446
Income before income taxes	13,521	11,055
Provision for federal income taxes	2,126	1,306
Net income	$ 11,395	$ 9,749
Earnings per share of common stock	$ 2.01	$ 1.71
Cash dividends paid per share	$ 0.620	$ 0.575
Weighted average shares outstanding	5,679,145	5,708,738

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 11,395	$ 9,749
Securities available for sale not other-than-temporarily impaired:
Unrealized gains (losses) arising during the period	9,624	(2,631)
Income tax effect	(2,021)	556
Total	7,603	(2,075)
(Gains)/losses recognized in earnings	(411)	286
Income tax effect	86	(60)
Total	(325)	226
Other comprehensive income (loss), net of tax	7,278	(1,849)
Comprehensive Income	$ 18,673	$ 7,900

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, 2017	$ 574	$ 4,415	$ 98,629	$ (3,195)	$ (664)	$ 99,759
Net income			9,749			9,749
Other comprehensive income (loss) net of tax				(1,849)		(1,849)
Change in accounting principal for adoption of ASU 2017-08			(1,663)			(1,663)
Reclassification of certain income tax effects from accumulated other comprehensive loss			634	(634)
Treasury stock purchased					(463)	(463)
Treasury stock issued		20			531	551
Cash dividends paid			(3,282)			(3,282)
Balance, ending at Dec. 31, 2018	574	4,435	104,067	(5,678)	(596)	102,802
Net income			11,395			11,395
Other comprehensive income (loss) net of tax				7,278		7,278
Treasury stock purchased					(1,897)	(1,897)
Treasury stock issued		47			581	628
Cash dividends paid			(3,518)			(3,518)
Balance, ending at Dec. 31, 2019	$ 574	$ 4,482	$ 111,944	$ 1,600	$ (1,912)	$ 116,688

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]
Treasury stock purchased, shares	96,066	25,800
Treasury stock issued, shares	31,744	31,218
Cash dividends paid, per share	$ 0.620	$ 0.575

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income	$ 11,395	$ 9,749
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization of securities premiums and discounts and loan fees	3,494	3,936
Increase in interest receivable	(14)	(70)
Increase in interest payable	124	12
Provision for loan losses	770	660
(Gain) loss on sale of debt securities, net	(411)	286
(Gain) loss on equity securities, net	(88)	5
Gains on sale of mortgages	(1,936)	(1,602)
Loans originated for sale	(52,733)	(43,450)
Proceeds from sales of loans	53,756	46,515
Earnings on bank-owned life insurance	(731)	(1,638)
Depreciation of premises and equipment and amortization of software	1,556	1,618
Net decrease (increase) in deferred income tax	(286)	1,352
Other assets and other liabilities, net	563	(616)
Net cash provided by operating activities	15,459	16,757
Debt securities:
Proceeds from maturities, calls, and repayments	30,930	16,255
Proceeds from sales of debt securities	39,859	57,654
Purchases of debt securities	(78,847)	(61,674)
Equity securities:
Proceeds from sales of equity securities	168	278
Purchases of equity securities	(175)	(548)
Purchase of regulatory bank stock	(3,027)	(1,952)
Redemptions of regulatory bank stock	2,084	1,398
Proceeds from bank-owned life insurance		1,364
Net increase in loans	(60,057)	(97,288)
Purchases of premises and equipment, net	(928)	(1,320)
Purchase of computer software	(161)	(101)
Net cash used for investing activities	(70,154)	(85,934)
Cash flows from financing activities:
Net increase in demand, NOW, and savings accounts	52,387	69,448
Net increase (decrease) in time deposits	1,967	(16,191)
Net increase (decrease) in short-term borrowings	(7,670)	7,870
Proceeds from long-term debt	24,723	14,161
Repayments of long-term debt	(12,237)	(14,625)
Dividends paid	(3,518)	(3,282)
Proceeds from sale of treasury stock	628	551
Treasury stock purchased	(1,897)	(463)
Net cash provided by financing activities	54,383	57,469
Decrease in cash and cash equivalents	(312)	(11,708)
Cash and cash equivalents at beginning of period	41,365	53,073
Cash and cash equivalents at end of period	41,053	41,365
Supplemental disclosures of cash flow information:
Interest paid	4,995	3,362
Income taxes paid	1,800	375
Supplemental disclosure of non-cash investing and financing activities:
Fair value adjustments for securities available for sale	(9,213)	2,345
Initial recognition of operating right-of-use assets	1,075
Initial recognition of operating lease liabilities	$ 1,075

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2019
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. Equity Securities Equity securities includes common stocks of public companies that the Corporation has the positive intent and ability to hold for an indeterminate amount of time. Such securities are reported at fair value with unrealized holding gains and losses included in earnings. 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. Commercial real estate lending is highly impacted by the value of collateral so these commercial loans carry a higher qualitative factor for changes in collateral value. While the Corporation’s CRE loans have performed well historically, other commercial loans and commercial mortgage 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. 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. 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 residential real estate loans the Corporation will seek 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 $436,000 as of December 31, 2019, and $333,000 as of December 31, 2018. 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, 2019, or December 31, 2018. 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 $892,000 of MSRs as of December 31, 2019, compared to $905,000 as of December 31, 2018. The value of MSRs declined during 2019 as amortization on existing assets outpaced the valuation of new assets. Management expects MSRs to grow going forward as a result of the expanded mortgage program and a more stable interest rate environment. 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. The following chart provides the activity of the Corporation’s mortgage servicing rights for the years ended December 31, 2019 and 2018. MORTGAGE SERVICING RIGHTS (DOLLARS IN THOUSANDS) December 31, 2019 2018 $ $ Beginning Balance 905 661 Additions 284 315 Amortization (242 ) (52 ) Disposals (55 ) (19 ) Ending Balance 892 905 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 $28,818,000 and $28,085,000 as of December 31, 2019, and 2018, respectively. The increase in BOLI cash surrender value was primarily due to normal appreciation of existing policies as a result of returns exceeding expenses. Leases The Company has operating leases for several branch locations and office space. Generally, the underlying lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company may also lease certain office equipment under operating leases. Many of our leases include both lease (e.g., minimum rent payments) and non-lease components (e.g., common-area or other maintenance costs). The Company accounts for each component separately based on the standalone price of each component. In addition, there are several operating leases with lease terms of less than one year and therefore, we have elected the practical expedient to exclude these short-term leases from our right of use assets and lease liabilities. Most leases include one or more options to renew. The exercise of lease renewal options is typically at the sole discretion of management and is based on whether the extension options are reasonably certain to be exercised after giving proper consideration to all facts and circumstances of the lease. If management determines that the Company is reasonably certain to exercise the extension option(s), the additional term is included in the calculation of the lease liability. As most of our leases do not provide an implicit rate, we use the fully collateralized FHLB borrowing rate, commensurate with the lease terms based on the information available at the lease commencement date in determining the present value of the lease payments Advertising Costs The Corporation expenses advertising costs as incurred. Advertising costs for the years ended December 31, 2019 and 2018 were $820,000 and $773,000, 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. Retirement 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. Revenue from Contracts with Customers The Company records revenue from contracts with customers in accordance with Accounting Standards Topic 606, Revenue from Contracts with Customers (Topic 606). The Corporation’s primary sources of revenue are derived from interest and dividends earned on loans, investment securities, and other financial instruments that are not within the scope of Topic 606. The Corporation has evaluated the nature of its contracts with customers and determined that further disaggregation of revenue from contracts with customers into more granular categories beyond what is presented in the Consolidated Statements of Income was not necessary. The Corporation generally fully satisfies its performance obligations on its contracts with customers as services are rendered and the transaction prices are typically fixed; charged either on a periodic basis or based on activity. Because performance obligations are satisfied as services are rendered and the transaction prices are fixed, there is little judgment involved in applying Topic 606 that significantly affects the determination of the amount and timing of revenue from contracts with customers. 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. Change in Accounting Principle Leases In February 2016, the FASB issued Accounting Standards Update (ASU) 2016-02, Leases. The new leases standard requires a lessor to classify leases as either sales-type, direct financing or operating, similar to existing U.S. GAAP. Classification depends on the same five criteria used by lessees plus certain additional factors. The subsequent accounting treatment for all three lease types is substantially equivalent to existing U.S. GAAP for sales-type leases, direct financing leases, and operating leases. However, the new standard updates certain aspects of the lessor accounting model to align it with the new lessee accounting model, as well as with the new revenue standard under Topic 606. The new leases standard addresses other considerations including identification of a lease, separating lease and non-lease components of a contract, sale and leaseback transactions, modifications, combining contracts, reassessment of the lease term, and re-measurement of lease payments. ASU 2016-02 became effective for us on January 1, 2019 and initially required transition using a modified retrospective approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842) “Leases (Topic 842) - Targeted Improvements,” ASU 2018-20, “Leases (Topic 842) - Narrow-Scope Improvements for Lessors,” Leases (Topic 842): Codification Improvements, Upon adoption of ASU 2016-02, ASU 2018-01, ASU 2018-11, ASU 2018-20, and ASU 2019-01 on January 1, 2019, we recognized right-of-use assets and related lease liabilities totaling $908 thousand and $916 thousand, respectively. We elected to apply certain practical expedients provided under ASU 2016-02 whereby we did not reassess (i) whether any expired or existing contracts are or contain leases, (ii) the lease classification for any expired or existing leases and (iii) initial direct costs for any existing leases. We also did not apply the recognition requirements of ASU 2016-02 to any short-term leases (as defined by related accounting guidance). We expect to account for lease and non-lease components separately because such amounts are readily determinable under our lease contracts and because we expect this election will result in a lower impact on our balance sheet. We utilized the modified-retrospective transition approach prescribed by ASU 2018-11 at the time of adoption. Recently Issued Accounting Standards In June 2016, the FASB issued Accounting Standards Update (ASU) 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. ASU 2016-13 requires credit losses on most financial assets measured at amortized cost and certain other instruments to be measured using an expected credit loss model (referred to as the current expected credit loss (CECL) model). Under this model, entities will estimate credit losses over the entire contractual term of the instrument (considering estimated prepayments, but not expected extensions or modifications unless reasonable expectation of a troubled debt restructuring exists) from the date of initial recognition of that instrument. The ASU also replaces the current accounting model for purchased credit impaired loans and debt securities. The allowance for credit losses for purchased financial assets with a more-than insignificant amount of credit deterioration since origination (“PCD assets”), should be determined in a similar manner to other financial assets measured on an amortized cost basis. However, upon initial recognition, the allowance for credit losses is added to the purchase price (“gross up approach”) to determine the initial amortized cost basis. The subsequent accounting for PCD financial assets is the same expected loss model described above. Further, the ASU made certain targeted amendments to the existing impairment model for available-for-sale (“AFS”) debt securities. For an AFS debt security for which there is neither the intent nor a more-likely-than-not requirement to sell, an entity will record credit losses as an allowance rather than a write-down of the amortized cost basis. ASU 2016-13 was originally effective for annual and interim periods beginning after December 15, 2019. With certain exceptions, transit

SECURITIES

SECURITIES	12 Months Ended
	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
SECURITIES	NOTE B - SECURITIES (DOLLARS IN THOUSANDS) DEBT SECURITIES The amortized cost and fair value of debt securities held at December 31, 2019, and 2018, are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value $ $ $ $ December 31, 2019 U.S. government agencies 32,621 31 (28 ) 32,624 U.S. agency mortgage-backed securities 48,859 215 (448 ) 48,626 U.S. agency collateralized mortgage obligations 60,124 323 (194 ) 60,253 Asset-backed securities 23,646 7 (391 ) 23,262 Corporate bonds 54,604 316 (40 ) 54,880 Obligations of states and political subdivisions 86,216 2,245 (9 ) 88,452 Total securities available for sale 306,070 3,137 (1,110 ) 308,097 December 31, 2018 U.S. government agencies 31,025 5 (910 ) 30,120 U.S. agency mortgage-backed securities 46,363 2 (1,726 ) 44,639 U.S. agency collateralized mortgage obligations 55,182 74 (1,166 ) 54,090 Asset-backed securities 11,440 — (41 ) 11,399 Corporate bonds 61,085 — (1,893 ) 59,192 Obligations of states and political subdivisions 96,157 69 (1,601 ) 94,625 Total securities available for sale 301,252 150 (7,337 ) 294,065 The amortized cost and fair value of debt securities available for sale at December 31, 2019, 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 25,341 25,335 Due after one year through five years 140,027 140,296 Due after five years through ten years 31,995 32,011 Due after ten years 108,707 110,455 Total debt securities 306,070 308,097 Securities available for sale with a par value of $66,712,000 and $58,668,000 at December 31, 2019 and 2018, 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 $68,732,000 at December 31, 2019, and $58,914,000 at December 31, 2018. 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 2019 2018 $ $ Proceeds from sales 39,859 57,660 Gross realized gains 443 130 Gross realized losses 32 416 Information pertaining to securities with gross unrealized losses at December 31, 2019, and December 31, 2018, 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, 2019 U.S. government agencies 1,222 (3 ) 15,971 (25 ) 17,193 (28 ) U.S. agency mortgage-backed securities 5,040 (32 ) 24,027 (416 ) 29,067 (448 ) U.S. agency collateralized mortgage obligations 17,457 (50 ) 17,512 (144 ) 34,969 (194 ) Asset-backed securities 10,278 (169 ) 9,126 (222 ) 19,404 (391 ) Corporate bonds 2,562 (4 ) 13,041 (36 ) 15,603 (40 ) Obligations of states & political subdivisions 2,642 (9 ) — — 2,642 (9 ) Total temporarily impaired securities 39,201 (267 ) 79,677 (843 ) 118,878 (1,110 ) As of December 31, 2018 U.S. government agencies — — 28,116 (910 ) 28,116 (910 ) U.S. agency mortgage-backed securities — — 42,041 (1,726 ) 42,041 (1,726 ) U.S. agency collateralized mortgage obligations 8,055 (85 ) 40,735 (1,081 ) 48,790 (1,166 ) Asset-backed securities 5,563 (41 ) — — 5,563 (41 ) Corporate bonds 20,228 (455 ) 38,964 (1,438 ) 59,192 (1,893 ) Obligations of states & political subdivisions 12,367 (104 ) 68,982 (1,497 ) 81,349 (1,601 ) Total temporarily impaired securities 46,213 (685 ) 218,838 (6,652 ) 265,051 (7,337 ) In the debt security portfolio, there are 59 positions carrying unrealized losses as of December 31, 2019. There were no instruments considered to be other-than-temporarily impaired at December 31, 2019. 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). EQUITY SECURITIES The following tables summarize the amortized cost, gross unrealized gains and losses, and fair value of equity securities held at December 31, 2019 and December 31, 2018. Gross Gross (DOLLARS IN THOUSANDS) Amortized Unrealized Unrealized Fair Cost Gains Losses Value $ $ $ $ December 31, 2019 CRA-qualified mutual funds 6,071 — — 6,071 Bank stocks 614 26 (3 ) 637 Total equity securities 6,685 26 (3 ) 6,708 Gross Gross (DOLLARS IN THOUSANDS) Amortized Unrealized Unrealized Fair Cost Gains Losses Value $ $ $ $ December 31, 2018 CRA-qualified mutual funds 5,410 — — 5,410 Bank stocks 591 — (67 ) 524 Total equity securities 6,001 — (67 ) 5,934 The following table presents the net gains and losses on the Corporation’s equity investments recognized in earnings during the year ended December 31, 2019 and 2018, and the portion of unrealized gains and losses for the periods that relates to equity investments held as of December 31, 2019 and 2018. NET GAINS AND LOSSES ON EQUITY INVESTMENTS RECOGNIZED IN EARNINGS (DOLLARS IN THOUSANDS) Year Ended Year Ended December 31, 2019 December 31, 2018 $ $ Net gains (losses) recognized in equity securities during the period 88 (5 ) Less: Net gains realized on the sale of equity securities during the period 16 53 Unrealized gains (losses) recognized in equity securities held at reporting date 72 (58 ) Proceeds from the sales of equity securities totaled $168,000 in 2019 and $278,000 in 2018.

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Dec. 31, 2019
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 2019 and 2018. LOAN PORTFOLIO (DOLLARS IN THOUSANDS) December 31, 2019 2018 $ $ Commercial real estate Commercial mortgages 120,212 101,419 Agriculture mortgages 175,367 165,926 Construction 16,209 18,092 Total commercial real estate 311,788 285,437 Consumer real estate (a) 1-4 family residential mortgages 258,676 219,037 Home equity loans 9,770 10,271 Home equity lines of credit 70,809 64,413 Total consumer real estate 339,255 293,721 Commercial and industrial Commercial and industrial 58,019 61,043 Tax-free loans 16,388 22,567 Agriculture loans 20,804 20,512 Total commercial and industrial 95,211 104,122 Consumer 5,416 9,197 Gross loans prior to deferred costs and allowance for loan losses 751,670 692,477 Deferred loan costs, net 1,948 1,596 Allowance for loan losses (9,447 ) (8,666 ) Total net loans 744,171 685,407 (a) Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $154,577,000 and $126,916,000 as of December 31, 2019, and 2018, 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, 2019 and 2018. 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, 2019 Mortgages Mortgages Construction Industrial Loans Loans Total $ $ $ $ $ $ $ Grade: Pass 117,875 158,896 16,209 52,028 16,388 18,530 379,926 Special Mention 827 4,546 — 618 — 939 6,930 Substandard 1,510 11,925 — 5,293 — 1,335 20,063 Doubtful — — — 80 — — 80 Loss — — — — — — — Total 120,212 175,367 16,209 58,019 16,388 20,804 406,999 COMMERCIAL CREDIT EXPOSURE CREDIT RISK PROFILE BY INTERNALLY ASSIGNED GRADE (DOLLARS IN THOUSANDS) Commercial Commercial Agriculture and Tax-free Agriculture December 31, 2018 Mortgages Mortgages Construction Industrial Loans Loans Total $ $ $ $ $ $ $ Grade: Pass 99,013 154,132 17,567 59,348 22,367 19,487 371,914 Special Mention 176 3,478 525 518 200 453 5,350 Substandard 2,230 8,316 — 1,177 — 572 12,295 Doubtful — — — — — — — Loss — — — — — — — Total 101,419 165,926 18,092 61,043 22,567 20,512 389,559 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, 2019 and 2018: CONSUMER CREDIT EXPOSURE CREDIT RISK PROFILE BY PAYMENT PERFORMANCE (DOLLARS IN THOUSANDS) 1-4 Family Home Equity December 31, 2019 Residential Home Equity Lines of Mortgages Loans Credit Consumer Total Payment performance: $ $ $ $ $ Performing 257,374 9,678 70,799 5,412 343,263 Non-performing 1,302 92 10 4 1,408 Total 258,676 9,770 70,809 5,416 344,671 CONSUMER CREDIT EXPOSURE CREDIT RISK PROFILE BY PAYMENT PERFORMANCE (DOLLARS IN THOUSANDS) 1-4 Family Home Equity December 31, 2018 Residential Home Equity Lines of Mortgages Loans Credit Consumer Total Payment performance: $ $ $ $ $ Performing 218,641 10,271 64,413 9,196 302,521 Non-performing 396 — — 1 397 Total 219,037 10,271 64,413 9,197 302,918 The following tables present an age analysis of the Corporation’s past due loans, segregated by loan portfolio class, as of December 31, 2019 and 2018: AGING OF LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Loans Greater Receivable > 30-59 Days 60-89 Days than 90 Total Past Total Loans 90 Days and December 31, 2019 Past Due Past Due Days Due Current Receivable Accruing $ $ $ $ $ $ $ Commercial real estate Commercial mortgages — — 228 228 119,984 120,212 — Agriculture mortgages 962 — 1,070 2,032 173,335 175,367 — Construction — — — — 16,209 16,209 — Consumer real estate 1-4 family residential mortgages 2,254 161 1,302 3,717 254,959 258,676 807 Home equity loans 52 — 92 144 9,626 9,770 — Home equity lines of credit 43 — 10 53 70,756 70,809 10 Commercial and industrial Commercial and industrial 68 — 538 606 57,413 58,019 — Tax-free loans — — — — 16,388 16,388 — Agriculture loans 2 — — 2 20,802 20,804 — Consumer 14 12 4 30 5,386 5,416 4 Total 3,395 173 3,244 6,812 744,858 751,670 821 AGING OF LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Loans December 31, 2018 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 — — 237 237 101,182 101,419 — Agriculture mortgages 326 — 816 1,142 164,784 165,926 — Construction — — — — 18,092 18,092 — Consumer real estate 1-4 family residential mortgages 455 201 396 1,052 217,985 219,037 396 Home equity loans 62 35 — 97 10,174 10,271 — Home equity lines of credit 95 — — 95 64,318 64,413 — Commercial and industrial Commercial and industrial 24 — — 24 61,019 61,043 — Tax-free loans — — — — 22,567 22,567 — Agriculture loans 118 — — 118 20,394 20,512 — Consumer 10 15 1 26 9,171 9,197 1 Total 1,090 251 1,450 2,791 689,686 692,477 397 As of December 31, 2019, and 2018, all of the Corporation’s loans on non-accrual status were also considered impaired. Interest income on loans would have increased by approximately $137,000 and $47,000 during 2019 and 2018, respectively, if these loans had performed in accordance with their original terms. 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) 2019 2018 $ $ Commercial real estate Commercial mortgages 228 1,017 Agriculture mortgages 1,070 816 Construction — — Consumer real estate 1-4 family residential mortgages 495 — Home equity loans 92 — Home equity lines of credit — — Commercial and industrial 538 Commercial and industrial — — Tax-free loans — — Agriculture loans — — Consumer — — Total 2,423 1,833 During 2019, there were two loan modifications made causing loans to be considered a troubled debt restructuring (TDR). During 2018, there was also one loan modification made causing a loan to be considered a 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. In the first quarter of 2019, a loan modification was made on a $439,000 business loan secured by 1-4 family residential property, which delayed the timing of principal payments. This loan is both non-accrual and TDR and is reflected as a non-accrual loan in the above table under 1-4 family residential mortgages. In the first quarter of 2019, a loan modification was made on a $718,000 agricultural mortgage, which moved the timing of the annual principal payment and changed interest payments from monthly to annually. The farmer had suffered a fire loss in late 2018 impacting one year’s harvest. No other loans were modified during 2019 that constituted a TDR. There was one loan modification, constituting a TDR, made in the first nine months of 2018. An agricultural mortgage loan was modified in the first quarter of 2018, where a concession on principal payment was made. The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2019: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 724 765 — 859 — Agriculture mortgages 1,912 1,928 — 1,903 43 Construction — — — — — Total commercial real estate 2,636 2,693 — 2,762 43 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with no related allowance 2,636 2,693 — 2,762 43 With an allowance recorded: Commercial real estate Commercial mortgages 92 100 49 93 — Agriculture mortgages 718 718 60 760 — Construction — — — — — Total commercial real estate 810 818 109 853 — Commercial and industrial Commercial and industrial 538 549 80 261 — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial 538 549 80 261 — Total with a related allowance 1,348 1,367 189 1,114 — Total by loan class: Commercial real estate Commercial mortgages 815 865 49 952 — Agriculture mortgages 2,630 2,646 60 2,663 43 Construction — — — — — Total commercial real estate 3,445 3,511 109 3,615 43 Commercial and industrial Commercial and industrial 538 549 80 261 — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial 538 549 80 261 — Total 3,983 4,060 189 3,876 43 The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2018: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 370 901 — 396 — Agriculture mortgages 1,692 1,692 — 1,063 45 Construction — — — — — Total commercial real estate 2,062 2,593 — 1,459 45 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with no related allowance 2,062 2,593 — 1,459 45 With an allowance recorded: Commercial real estate Commercial mortgages 647 694 132 484 — Agriculture mortgages — — — — — Construction — — — — — Total commercial real estate 647 694 132 484 — Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — 124 6 Total commercial and industrial — — — 124 6 Total with a related allowance 647 694 132 608 6 Total by loan class: Commercial real estate Commercial mortgages 1,017 1,595 132 880 — Agriculture mortgages 1,692 1,692 — 1,063 45 Construction — — — — — Total commercial real estate 2,709 3,287 132 1,943 45 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — 124 6 Total commercial and industrial — — — 124 6 Total 2,709 3,287 132 2,067 51 The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2019: 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 4,296 2,408 1,428 103 431 8,666 Charge-offs (122 ) — (63 ) (26 ) — (211 ) Recoveries 170 1 48 3 — 222 Provision (credit) (25 ) 446 371 (39 ) 17 770 Ending balance 4,319 2,855 1,784 41 448 9,447 Ending balance: individually evaluated for impairment 109 — 80 — — 189 Ending balance: collectively evaluated for impairment 4,210 2,855 1,704 41 448 9,258 Loans receivable: Ending balance 311,788 339,255 95,211 5,416 751,670 Ending balance: individually evaluated for impairment 3,445 — 538 — 3,983 Ending balance: collectively evaluated for impairment 308,343 339,255 94,673 5,416 747,687 The dollar amount of the allowance increased for all loan segments except consumer since December 31, 2018. Loan growth was the direct cause of the higher allowance balances, with the levels of charge offs being relatively low in 2019 at $211,000, and more than offset by $222,000 of recoveries. A larger amount of recoveries than charge-offs in commercial loans allowed for a credit provision, whereas under commercial and industrial loans the charge offs as a percentage of loan balance were more pronounced. This increased the historical loss ratios, causing the allocation of additional provision expense of $371,000. The decline in allowance allocated to the consumer loans was due to smaller balances in this loan segment as a large consumer loan paid off in 2019. Impaired loans increased by $1,275,000 from December 31, 2018 to December 31, 2019, which did cause a $57,000 increase in the specific allocation of provision expense on these loans. The Corporation’s allowance allocation is still overweighted toward commercial real estate loans due to the higher historical losses experienced. Approximately 46% of the allowance is dedicated to this sector that comprises 41% of total loan balances. This compares to 30% of the allowance being allocated to the consumer real estate sector which comprises 45% of all loan balances. Losses on consumer real estate have traditionally been lower than commercial loans. The commercial and industrial sector has 19% of the allowance allocated and comprises 13% of loan balances. Commercial and industrial historical losses have generally been lower than commercial real estate but higher than consumer real estate, based on loan balances outstanding. The December 31, 2019 ending balance of the allowance was up $781,000, or 9.0%, from December 31, 2018, and the allowance as a percentage of total loans was 1.25% as of December 31, 2018 and December 31, 2019. The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2018: 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 3,863 2,052 1,829 98 398 8,240 Charge-offs (223 ) (20 ) (110 ) (27 ) — (380 ) Recoveries 72 — 66 8 — 146 Provision (credit) 584 376 (357 ) 24 33 660 Ending balance 4,296 2,408 1,428 103 431 8,666 Ending balance: individually evaluated for impairment 132 — — — — 132 Ending balance: collectively evaluated for impairment 4,164 2,408 1,428 103 431 8,534 Loans receivable: Ending balance 285,437 293,721 104,122 9,197 692,477 Ending balance: individually evaluated for impairment 2,709 — — — 2,709 Ending balance: collectively evaluated for impairment 282,728 293,721 104,122 9,197 689,768 The dollar amount of the allowance increased for all loan segments except commercial and industrial from December 31, 2017 to December 31, 2018. Loan growth and higher charge-off amounts resulted in higher allowance balances. The higher charge-offs in 2018 increased the historical loss adjustments in the commercial real estate and consumer real estate pools causing the associated allowance to increase in those areas. The decline in allowance allocated to the commercial and industrial segment was due to a change in the allowance calculation that occurred in early 2018. Prior to 2018, the business loan pool, included in commercial and industrial, had a large special adjustment factor for potential impairment. The loss rate for this pool also declined from December 31, 2017, to December 31, 2018. The December 31, 2018 ending balance of the allowance was up $426,000, or 5.2%, from December 31, 2017, and the allowance as a percentage of total loans was down from 1.38% as of December 31, 2017, to 1.25% as of December 31, 2018.

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2019
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, 2019 2018 $ $ Land 5,043 5,043 Buildings and improvements 29,610 29,302 Furniture and equipment 15,240 14,592 Construction in process 104 133 Total 49,997 49,070 Less accumulated depreciation (24,964 ) (23,519 ) Premises and equipment 25,033 25,551 Depreciation expense, which is included in operating expenses, amounted to $1,446,000 for 2019, and $1,456,000 for 2018. 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, 2019 and 2018, the construction in process consists primarily of costs associated with various small projects.

REGULATORY STOCK

REGULATORY STOCK	12 Months Ended
	Dec. 31, 2019
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, 2019, the Bank held $7,103,000 in stock of the FHLB compared to $6,160,000 as of December 31, 2018. 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 7.75% annualized on activity stock and 4.50% annualized on membership stock as of December 31, 2019. 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. 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, 2019 and December 31, 2018.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2019
Deposits:
DEPOSITS	NOTE F – DEPOSITS (DOLLARS IN THOUSANDS) Deposits by major classifications are summarized as follows: December 31, 2019 2018 $ $ Non-interest bearing demand 363,857 369,081 Interest-bearing demand 25,171 20,104 NOW accounts 96,941 89,072 Money market deposit accounts 141,649 108,594 Savings accounts 211,285 199,665 Time deposits under $250,000 126,796 127,300 Time deposits of $250,000 or more 8,389 5,918 Total deposits 974,088 919,734 At December 31, 2019, the scheduled maturities of time deposits are as follows: 2020 73,544 2021 24,350 2022 11,404 2023 10,027 2024 15,860 Total 135,185

SHORT TERM BORROWINGS

SHORT TERM BORROWINGS	12 Months Ended
	Dec. 31, 2019
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, 2019 and 2018: 2019 2018 $ $ Total short-term borrowings outstanding at year end 200 7,870 Average interest rate at year end 1.95% 2.60% Maximum outstanding at any month end 7,747 17,322 Average amount outstanding for the year 1,890 5,332 Weighted-average interest rate for the year 2.55% 1.88% As of December 31, 2019, 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 $24.9 million as of December 31, 2019. For further information on borrowings from the FHLB see Note H.

OTHER BORROWED FUNDS

OTHER BORROWED FUNDS	12 Months Ended
	Dec. 31, 2019
Long-term Debt, Unclassified [Abstract]
OTHER BORROWED FUNDS	NOTE H – OTHER BORROWED FUNDS (DOLLARS IN THOUSANDS) December 31, 2019 2018 Weighted- Weighted- Average Average Amount Rate Amount Rate $ % $ % FHLB fixed rate loans 2019 — — 12,237 1.53 2020 16,340 1.85 16,340 1.85 2021 14,505 1.72 14,505 1.72 2022 15,804 1.84 15,804 1.84 2023 13,816 2.77 6,500 2.93 2024 17,407 2.02 — — Total other borrowings 77,872 2.02 65,386 1.87 Maturities of other borrowings at December 31, 2019, and 2018, are summarized as follows: All of the Corporation’s long term borrowed funds were through the FHLB of Pittsburgh as of December 31, 2019 and 2018. 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 $455.6 million as of December 31, 2019, with remaining borrowing capacity of $388.1 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, 2019
Class of Stock Disclosures [Abstract]
CAPITAL TRANSACTIONS	NOTE I – CAPITAL TRANSACTIONS On February 20, 2019, the Board of Directors of the Corporation approved a plan to repurchase, in the open market and privately negotiated transactions, up to 100,000 shares of its outstanding common stock. This plan replaces the 2015 plan. The first purchase of common stock under this plan occurred on May 13, 2019. By December 31, 2019, a total of 77,266 shares were repurchased at a total cost of $1,567,000, for an average cost per share of $20.28. The total number of shares authorized to be repurchased under the plan was increased to 200,000 pursuant to the 2-for-1 stock split, which became effective on June 28, 2019. Shares repurchased under the plan were held as treasury shares to be utilized in connection with the Corporation’s three stock purchase plans. 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 17,421 shares issued through the ESPP in 2019 with 235,264 shares issued since existence. The DRP was started in 2005 and has grown to nearly as large as the ESPP with 12,783 shares issued in 2019 and 204,453 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 1,540 shares were issued in connection with this plan in 2019 and 36,038 since existence. In 2018, there were 16,538 shares issued through the ESPP, 12,654 shares issued through the DRP, and 2,026 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 2019 and 2018 was 31,744 and 31,218, respectively. As of December 31, 2019, the Corporation held 98,372 treasury shares, at a weighted-average cost of $19.44 per share, with a cost basis of $1,912,000.

RETIREMENT PLANS

RETIREMENT PLANS	12 Months Ended
	Dec. 31, 2019
Retirement Benefits [Abstract]
RETIREMENT PLANS	NOTE J – RETIREMENT PLANS The Corporation has a 401(k) Savings Plan under which the Corporation makes an employer matching contribution, a non-elective safe harbor contribution and a discretionary non-elective profit sharing contribution. Employee contributions to the plan are subject to the maximum annual Internal Revenue Service contribution amounts which were$19,000 for 2019, and $18,500 for 2018, for persons under age 50, and for persons over age 50 was $25,000 in 2019 and $24,500 in 2018. The employer matching contribution is made on the compensation of all eligible employees, up to a maximum of 2.5% of an eligible employee’s compensation, at $0.50 for every $1.00 of employee contribution up to 5% of an eligible employee’s salary. The Corporation’s cost for this 401(k) match was $363,000 and $345,000 for 2019 and 2018, respectively. The employer non-elective safe harbor contribution is 3% of all employee compensation for the year. Based on the performance of the Corporation the Compensation Committee determined the discretionary non-elective profit sharing contribution would be 2% of all eligible employee compensation. For the Corporation, the expense of the 401(k) matching contribution will be smaller than the non-elective safe harbor and the discretionary non-elective profit sharing expenses as the Corporation is matching a maximum of up to 2.5% of salary, depending on employee contributions, compared to contributing up to 5.0% of eligible employee’s salaries in the safe harbor and discretionary profit sharing contributions. For purposes of the 401(k) Savings Plan, covered compensation was limited to $280,000 in 2019 and $275,000 in 2018. Total expenses of the plan were $692,000 and $620,000, for 2019 and 2018, respectively. The Corporation’s 401(k) Savings Plan is fully funded as all obligations are funded monthly.

DEFERRED COMPENSATION

DEFERRED COMPENSATION	12 Months Ended
	Dec. 31, 2019
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, 2019, and December 31, 2018. The death benefits totaled $6,768,000 at December 31, 2019, and $6,691,000 at December 31, 2018. The cash surrender value of the above policies totaled $4,980,000 and $4,873,000 as of December 31, 2019, and 2018, respectively. The net present value of the vested portion of deferred payments totaled $0 at December 31, 2019, and December 31, 2018. The interest rate used to discount these obligations was 4.50% for 2018. These net present value amounts were included in other liabilities on the Corporation’s Consolidated Balance Sheets. Total charges to expense for deferred compensation amounted to $0 for 2019, and $2,000 for 2018, and are included in other operating expenses in the Consolidated Statements of Income.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2019
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, 2019 2018 $ % $ % Income tax at statutory rate 2,839 21.0 2,322 21.0 Tax-exempt interest income (650 ) (4.8 ) (743 ) (6.7 ) Non-deductible interest expense 56 0.4 47 0.4 Bank-owned life insurance (153 ) (1.1 ) (344 ) (3.1 ) Other 34 0.2 24 0.2 Income tax expense 2,126 15.7 1,306 11.8 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. As a result of The Tax Cuts and Jobs Act, enacted on December 22, 2017, the Corporation’s federal income tax rate was lowered from 34% to 21% effective January 1, 2018, and the Corporate Alternative Minimum Tax (AMT) was repealed. Therefore, all AMT tax credits previously carried forward were initially transferred to Federal income tax receivable to utilize against any corporate Federal income tax amounts payable. As of December 31, 2017, the Corporation had $1,230,000 of AMT credits that could be carried forward. These credits were carried forward and utilized against the 2018 Corporate Federal Income Tax Return. The $1,230,000 of AMT credit utilized against the Corporation’s 2018 Federal Corporation Income Tax liability caused an overpayment of $674,000, which is being utilized against the 2019 Corporate Federal Income Tax due. 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 2016. Significant components of income tax expense are as follows: (DOLLARS IN THOUSANDS) Year Ended December 31, 2019 2018 $ $ Current tax expense 2,412 (46 ) Deferred tax (benefit) expense (286 ) 1,352 Income tax expense 2,126 1,306 Components of the Corporation's net deferred tax position are as follows: (DOLLARS IN THOUSANDS) December 31, 2019 2018 $ $ Deferred tax assets Allowance for loan losses 1,984 1,820 Net unrealized holding losses on securities available for sale — 1,523 Allowance for off-balance sheet extensions of credit 92 70 Interest on non-accrual loans 9 7 Other 75 53 Total deferred tax assets 2,160 3,473 Deferred tax liabilities Premises and equipment (993 ) (1,006 ) Net unrealized holding gains on securities available for sale (426 ) — Discount on investment securities (9 ) (2 ) Other (128 ) (198 ) Total deferred tax liabilities (1,556 ) (1,206 ) Net deferred tax assets 604 2,267

REGULATORY MATTERS AND RESTRICT

REGULATORY MATTERS AND RESTRICTIONS	12 Months Ended
	Dec. 31, 2019
Broker-Dealer, Net Capital Requirement, SEC Regulation [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, 2019 and 2018, 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, 2019 and December 31, 2018, 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, 2019 Total Capital to Risk-Weighted Assets Consolidated 124,970 14.5 68,740 8.0 85,925 10.0 Bank 123,346 14.4 68,688 8.0 85,860 10.0 Tier I Capital to Risk-Weighted Assets Consolidated 115,087 13.4 51,555 6.0 68,740 8.0 Bank 113,463 13.2 51,516 6.0 68,688 8.0 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated. 115,087 13.4 38,666 4.5 55,851 6.5 Bank 113,463 13.2 38,637 4.5 55,809 6.5 Tier I Capital to Average Assets Consolidated. 115,087 9.9 46,271 4.0 57,839 5.0 Bank 113,463 9.8 46,271 4.0 57,839 5.0 As of December 31, 2018 Total Capital to Risk-Weighted Assets Consolidated. 117,479 14.3 65,730 8.0 82,163 10.0 Bank 115,988 14.1 65,680 8.0 82,100 10.0 Tier I Capital to Risk-Weighted Assets Consolidated 108,480 13.2 49,298 6.0 65,730 8.0 Bank 106,989 13.0 49,260 6.0 65,680 8.0 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 108,480 13.2 36,973 4.5 53,406 6.5 Bank 106,989 13.0 36,945 4.5 53,365 6.5 Tier I Capital to Average Assets Consolidated. 108,480 10.0 43,519 4.0 54,398 5.0 Bank 106,989 9.8 43,519 4.0 54,398 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 2020, without the approval of the OCC, of approximately $13.1 million, plus an additional amount equal to the Corporation’s net profits for 2020, up to the date of any such dividend declaration.

TRANSACTIONS WITH DIRECTORS AND

TRANSACTIONS WITH DIRECTORS AND OFFICERS	12 Months Ended
	Dec. 31, 2019
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, 2018 5,669 Advances 2,935 Repayments (3,435 ) Balance, December 31, 2018 5,169 Balance, January 1, 2019 5,169 Advances 140 Repayments (136 ) Other changes (4,533 ) Balance, December 31, 2019 640 In the Corporation’s case, other changes in the table above for the year ended December 31, 2019, represented two directors and two executive officers who retired during the year. Deposits from the insiders totaled $1,019,000 as of December 31, 2019, and $3,102,000 as of December 31, 2018.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2019
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, 2019, firm loan commitments totaled approximately $62.2 million; unused lines of credit totaled $263.2 million; and open letters of credit totaled $8.7 million. The sum of these commitments, $334.1 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, 2018, totaled $284.0 million, representing firm loan commitments of $40.0 million, unused lines of credit of $235.3 million, and open letters of credit totaling $8.7 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, 2019
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, 2019, the Corporation’s legal lending limit was $18,502,000, and the Corporation’s lending policy limit was $13,876,000. This compared to a legal lending limit of $17,398,000, and lending policy limit of $13,049,000 as of December 31, 2018. As of December 31, 2019 and 2018, 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 $339.3 million, or 45.1%, of the $751.7 million gross loans outstanding as of December 31, 2019. This compares to $293.7 million, or 42.4%, of the $692.5 million of gross loans outstanding as of December 31, 2018. Residential real estate consists of first mortgages and home equity loans. A concentration in commercial real estate of 41.5%, or $311.8 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 23.3% of gross loans as of December 31, 2019, compared to 24.0% as of December 31, 2018; 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, 2019, the largest specific industry type categories were dairy cattle and milk production loans of $90.3 million, or 12.0% of gross loans, non-residential real estate investment loans of $58.1 million, or 7.7% of gross loans, and residential real estate investment loans with a balance of $48.6 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 $95.2 million of loans designated as commercial and industrial for the Uniform Bank Performance Reports, the largest concentration within that area is $16.4 million of loans to political subdivisions, which account for 2.2% 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, 2019, were obligations of states and political subdivisions located in the states of Pennsylvania, Illinois, and Texas. Based on fair market value, the Corporation held $19.7 million of obligations issued by municipalities within the state of Pennsylvania, which is 22.3% of the municipal portfolio, and 6.4% of total debt securities. The Corporation held $14.2 million of obligations issued by municipalities within the state of Illinois, which is 16.0% of the municipal portfolio, and 4.6% of total debt securities. The Corporation also held $13.0 million of obligations of states and political subdivisions issued by municipalities located within the state of Texas, which is 14.7% of the municipal portfolio, and 4.2% 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, 2019, no municipal bonds were below the A3/A- credit ratings the Corporation requires at the time of purchase. The Corporation held $54.6 million of corporate bonds based on amortized cost as of December 31, 2019. As a total, the $54.6 million represents 17.8% 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 under both of these limits as of December 31, 2019. 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 $54.6 million of total corporate securities, $33.5 million is domestic and $21.1 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, $40.9 million, or 74.9%, 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 $40.9 million of financial and brokerage-related corporate issues, $19.8 million is domestic and $21.1 million is foreign. All of the $21.1 million of foreign financial-related corporate paper is in the form of foreign bank-issued debt. Out of the $19.8 million of domestic financial-related debt, $14.2 million is in bank debt and $5.6 million is in brokerage. The remaining $13.7 million of non-financial related corporate paper consists of $5.1 million in energy companies, $2.0 million in insurance companies, $2.6 million in consumer goods, $2.0 million in healthcare, and $2.0 million in biotechnology. 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, 2019, 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, and all were considered investment grade.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
LEASES	NOTE Q – LEASES A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant or equipment for a period of time in exchange for consideration. On January 1, 2019, the Corporation adopted ASU No. 2016-02 “Leases” (Topic 842) and all subsequent ASUs that modified Topic 842. For the Corporation, Topic 842 primarily affected the accounting treatment for operating lease agreements in which the Corporation is the lessee. All of these leases in which the Corporation is the lessee are comprised of real estate property for branches and office space with terms extending through 2026. All of the Corporation’s leases are classified as operating leases, and therefore, were previously not recognized on the Corporation’s Consolidated Balance Sheets. With the adoption of Topic 842, operating lease agreements are required to be recognized on the Consolidated Balance Sheets as a right-of-use (“ROU”) asset and a corresponding lease liability. The following table represents the Consolidated Balance Sheet classification of the Corporation’s ROU assets and lease liabilities. Lease Consolidated Balance Sheets Classification (Dollars in Thousands) Classification December 31, 2019 Lease Right-of-Use Assets Operating lease right-of use assets Other Assets $ 908 Lease Liabilities Operating lease liabilties Other Liabilities $ 916 The calculated amount of the ROU assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to determine the present value of the minimum lease payments. The Corporation’s lease agreements often include one or more options to renew at the Corporation’s discretion. If at lease inception, the Corporation considers the exercising of a renewal option to be reasonably certain, the Corporation will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As the rate is rarely determinable, the Corporation utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. For operating leases existing prior to January 1, 2019, the rate for the remaining lease term as of January 1, 2019 was used. December 31, 2019 Weighted-average remaining lease term Operating leases 5.3 years Weighted-average discount rate Operating leases 3.09% The following table represents lease costs and other lease information. As the Corporation elected, for all classes of underlying assets, not to separate lease and non-lease components and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance and utilities. Future minimum payments for operating leases with initial or remaining terms of one year or more as of December 31, 2019 were as follows: Lease Payment Schedule (Dollars in Thousands) Operating Leases Twelve Months Ended: December 31, 2020 $ 202 December 31, 2021 204 December 31, 2022 169 December 31, 2023 153 December 31, 2024 155 Thereafter 113 Total Future Minimum Lease Payments 996 Amounts Representing Interests (80 ) Present Value of Net Future Minimum Lease Payments $ 916

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE R - FAIR VALUE MEASUREMENTS U.S. generally accepted accounting principles establish a hierarchal disclosure framework associated with the level of observable pricing utilized in measuring assets and liabilities at fair value. The three broad levels defined by the hierarchy 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: Assets and liabilities that have little to no observable pricing as of the reported date. These items do not have two-way markets and are measured using management’s best estimate of fair value, where the inputs into the determination of fair value require significant management judgement or estimation. This hierarchy requires the use of observable market data when available. The following tables provide the fair market value for assets required to be measured and reported at fair value on a recurring basis on the Consolidated Balance Sheets as of December 31, 2019 and December 31, 2018, by level within the fair value hierarchy. As required by U.S. generally accepted accounting principles, 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 ON A RECURRING BASIS (DOLLARS IN THOUSANDS) December 31, 2019 Level I Level II Level III Total $ $ $ $ U.S. government agencies — 32,624 — 32,624 U.S. agency mortgage-backed securities — 48,626 — 48,626 U. S. agency collateralized mortgage obligations — 60,253 — 60,253 Asset-backed securities — 23,262 — 23,262 Corporate bonds — 54,880 — 54,880 Obligations of states and political subdivisions — 88,452 — 88,452 Marketable equity securities 6,708 — — 6,708 Total securities 6,708 308,097 — 314,805 On December 31, 2019, 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, 2019, the CRA fund investments had a $6,071,000 book and market value and the bank stocks had a book value of $614,000 and a market value of $637,000. 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. ASSETS REPORTED AT FAIR VALUE ON A RECURRING BASIS (DOLLARS IN THOUSANDS) December 31, 2018 Level I Level II Level III Total $ $ $ $ U.S. government agencies — 30,120 — 30,120 U.S. agency mortgage-backed securities — 44,639 — 44,639 U. S. agency collateralized mortgage obligations — 54,090 — 54,090 Asset-backed securities 11,399 11,399 Corporate bonds — 59,192 — 59,192 Obligations of states and political subdivisions — 94,625 — 94,625 Marketable equity securities 5,934 — — 5,934 Total securities 5,934 294,065 — 299,999 On December 31, 2018, 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, 2018, the CRA fund investments had a $5,410,000 book and market value and the bank stocks had a book value of $591,000 and a market value of $524,000. The following table provides the fair value for each class of assets required to be measured and reported at fair value on a nonrecurring basis on the Consolidated Balance Sheets as of December 31, 2019 and December 31, 2018, by level within the fair value hierarchy: ASSETS MEASURED ON A NONRECURRING BASIS (DOLLARS IN THOUSANDS) December 31, 2019 Level I Level II Level III Total $ $ $ $ Assets: Impaired Loans — — 3,794 3,794 — — 3,794 3,794 December 31, 2018 Level I Level II Level III Total $ $ $ $ Assets: Impaired Loans — — 2,577 2,577 Total — — 2,577 2,577 The Corporation had a total of $3,983,000 of impaired loans as of December 31, 2019, with $189,000 of specific allocation against these loans. As of December 31, 2018, the Corporation had a total of $2,709,000 of impaired loans with $132,000 of specific allocation against these loans. The value of impaired loans is generally determined through independent appraisals of the underlying collateral. 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, 2019 Fair Value Valuation Unobservable Range Estimate Techniques Input (Weighted Avg) Impaired loans 3,794 Appraisal of collateral (1) Appraisal adjustments (2) 0% to -20% (-20%) Liquidation expenses (2) 0% to -10% (-10%) December 31, 2018 Fair Value Valuation Unobservable Range Estimate Techniques Input (Weighted Avg) Impaired loans 2,577 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, 2019
Unobservable inputs - Appraisal adjustments
DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE S - DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS The following tables provide the carrying amount for each class of assets and liabilities and the fair value for certain financial instruments that are not required to be measured or reported at fair value on the Corporation's Consolidated Balance Sheets as of December 31, 2019 and December 31, 2018: FINANCIAL INSTRUMENTS NOT REQUIRED TO BE MEASURED OR REPORTED AT FAIR VALUE (DOLLARS IN THOUSANDS) December 31, 2019 Quoted Prices in Active Markets Significant Other Significant for Identical Observable Unobservable Carrying Assets Inputs Inputs Amount Fair Value (Level 1) (Level II) (Level III) $ $ $ $ $ Financial Assets: Cash and cash equivalents 41,053 41,053 41,053 — — Regulatory stock 7,291 7,291 7,291 — — Loans held for sale 2,342 2,342 2,342 — — Loans, net of allowance 744,171 759,011 — — 759,011 Mortgage servicing assets 892 1,049 — — 1,049 Accrued interest receivable 3,768 3,768 3,768 — — Bank owned life insurance 28,818 28,818 28,818 — — Financial Liabilities: Demand deposits 363,857 363,857 363,857 — — Interest-bearing demand deposits 25,171 25,171 25,171 — — NOW accounts 96,941 96,941 96,941 — — Money market deposit accounts 141,649 141,649 141,649 — — Savings accounts 211,285 211,285 211,285 — — Time deposits 135,185 136,781 — — 136,781 Total deposits 974,088 975,684 838,903 — 136,781 Short-term borrowings 200 200 200 — — Long-term debt 77,872 76,825 — — 76,825 Accrued interest payable 521 521 521 — — FINANCIAL INSTRUMENTS NOT REQUIRED TO BE MEASURED OR REPORTED AT FAIR VALUE (DOLLARS IN THOUSANDS) December 31, 2018 Quoted Prices in Active Markets Significant Other Significant for Identical Observable Unobservable Carrying Assets Inputs Inputs Amount Fair Value (Level 1) (Level II) (Level III) $ $ $ $ $ Financial Assets: Cash and cash equivalents 41,365 41,365 41,365 — — Regulatory stock 6,348 6,348 6,348 — — Loans held for sale 1,429 1,429 1,429 — — Loans, net of allowance 685,407 687,844 — — 687,844 Mortgage servicing assets 905 997 — — 997 Accrued interest receivable 3,754 3,754 3,754 — — Bank owned life insurance 28,085 28,085 28,085 — — Financial Liabilities: Demand deposits 369,081 369,081 369,081 — — Interest-bearing demand deposits 20,104 20,104 20,104 — — NOW accounts 89,072 89,072 89,072 — — Money market deposit accounts 108,594 108,594 108,594 — — Savings accounts 199,665 199,665 199,665 — — Time deposits 133,218 132,351 — — 132,351 Total deposits 919,734 918,867 786,516 — 132,351 Short-term borrowings 7,870 7,870 7,870 — — Long-term debt 65,386 65,286 — — 65,286 Accrued interest payable 397 397 397 — —

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	NOTE T – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The activity in accumulated other comprehensive income (loss) for the years ended December 31, 2019 and 2018 is as follows: ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (1) (2) (DOLLARS IN THOUSANDS) Unrealized Gains (Losses) on Securities Available-for-Sale $ Balance at January 1, 2019 (5,678 ) Other comprehensive income before reclassifications 7,603 Amount reclassified from accumulated other comprehensive income (325 ) Period change 7,278 Balance at December 31, 2019 1,600 Balance at January 1, 2018 (3,195 ) Other comprehensive loss before reclassifications (2,075 ) Amount reclassified from accumulated other comprehensive loss 226 Reclassification of certain income tax effects from accumulated other comprehensive income (loss) (634 ) Period change (2,483 ) Balance at December 31, 2018 (5,678 ) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using a Federal income tax rate of 21%. (2) Amounts in parentheses indicate debits. DETAILS ABOUT ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) COMPONENTS (1) (DOLLARS IN THOUSANDS) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Year Ended December 31, Affected Line Item 2019 2018 in the Consolidated $ $ Statements of Income Securities available-for-sale: Net securities gains (losses) reclassified into earnings 411 (286 ) Gains (losses) on debt securities, net Related income tax expense (86 ) 60 Provision for federal income taxes Net effect on accumulated other comprehensive income (loss) for the period 325 (226 ) Total reclassifications for the period 325 (226 ) (1) Amounts in parentheses indicate debits.

CONDENSED PARENT ONLY DATA

CONDENSED PARENT ONLY DATA	12 Months Ended
	Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract]
CONDENSED PARENT ONLY DATA	NOTE U – CONDENSED PARENT ONLY DATA Condensed Balance Sheets (Parent Company Only) (DOLLARS IN THOUSANDS) December 31, 2019 2018 $ $ Assets Cash 870 861 Equity securities 637 524 Equity in bank subsidiary 115,064 101,311 Other assets 117 106 Total assets 116,688 102,802 Stockholders' Equity Common stock 574 574 Capital surplus 4,482 4,435 Retained earnings 111,944 104,067 Accumulated other comprehensive income (loss), net of tax 1,600 (5,678 ) Treasury stock (1,912 ) (596 ) Total stockholders' equity 116,688 102,802 Condensed Statements of Comprehensive Income (DOLLARS IN THOUSANDS) Year Ended December 31, 2019 2018 $ $ Income Dividend income - investment securities 20 13 Gains (losses) on securities transactions 88 (5 ) Dividend income 5,019 3,282 Undistributed earnings of bank subsidiary 6,475 6,614 Total income 11,602 9,904 Expense Shareholder expenses 154 132 Other expenses 53 23 Total expense 207 155 Net Income 11,395 9,749 Comprehensive Income 18,673 7,900 Condensed Statements of Cash Flows (DOLLARS IN THOUSANDS) Year Ended December 31, 2019 2018 Cash Flows from Operating Activities: $ $ Net Income 11,395 9,749 Equity in undistributed earnings of subsidiaries (6,475 ) (6,614 ) (Gains)losses on securities transactions, net (88 ) 5 Net increase in other assets (11 ) (1 ) Net cash provided by operating activities 4,821 3,139 Cash Flows from Investing Activities: Proceeds from sales of equity securities 168 277 Purchases of equity securities (193 ) (548 ) Net cash used for investing activities (25 ) (271 ) Cash Flows from Financing Activities: Proceeds from issuance of treasury stock 628 551 Payment to repurchase common stock (1,897 ) (463 ) Dividends paid (3,518 ) (3,282 ) Net cash used for financing activities (4,787 ) (3,194 ) Cash and Cash Equivalents: Net change in cash and cash equivalents 9 (326 ) Cash and cash equivalents at beginning of period 861 1,187 Cash and cash equivalents at end of period 870 861 The unaudited quarterly results of operations for the years ended 2019 and 2018, are as follows:

SUMMARY OF QUARTERLY FINANCIAL

SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Data [Abstract]
SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED)	NOTE V - SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED) (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) 2019 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 10,162 10,462 10,590 10,523 Interest expense 1,179 1,304 1,301 1,335 Net interest income 8,983 9,158 9,289 9,188 Less provision (credit) for loan losses 180 30 630 (70 ) Net interest income after provision (credit) for loan losses 8,803 9,128 8,659 9,258 Other income 2,544 2,762 2,943 3,057 Operating expenses: Salaries and employee benefits 5,188 5,105 5,227 5,512 Occupancy and equipment expenses 917 877 902 908 Other operating expenses 2,177 2,235 1,999 2,586 Total operating expenses 8,282 8,217 8,128 9,006 Income before income taxes 3,065 3,673 3,474 3,309 Provision for Federal income taxes 462 584 550 530 Net income 2,603 3,089 2,924 2,779 FINANCIAL RATIOS Per share data: Net income 0.46 0.54 0.51 0.49 Cash dividends paid 0.150 0.155 0.155 0.160 2018 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 8,524 8,897 9,348 9,729 Interest expense 774 842 872 886 Net interest income 7,750 8,055 8,476 8,843 Less provision for loan losses 190 90 190 190 Net interest income after provision for loan losses 7,560 7,965 8,286 8,653 Other income 3,380 2,628 2,787 2,242 Operating expenses: Salaries and employee benefits 4,960 5,221 5,197 4,862 Occupancy and equipment expenses 951 893 920 840 Other operating expenses 1,973 2,053 1,954 2,622 Total operating expenses 7,884 8,167 8,071 8,324 Income before income taxes 3,056 2,426 3,002 2,571 Provision for Federal income taxes 235 300 425 346 Net income 2,821 2,126 2,577 2,225 FINANCIAL RATIOS Per share data: Net income 0.50 0.37 0.45 0.39 Cash dividends paid 0.140 0.145 0.145 0.145

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Nature of Operations	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	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.
Equity Securities	Equity Securities Equity securities includes common stocks of public companies that the Corporation has the positive intent and ability to hold for an indeterminate amount of time. Such securities are reported at fair value with unrealized holding gains and losses included in earnings.
Other Than Temporary Impairment ("OTTI")	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. Commercial real estate lending is highly impacted by the value of collateral so these commercial loans carry a higher qualitative factor for changes in collateral value. While the Corporation’s CRE loans have performed well historically, other commercial loans and commercial mortgage 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. 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. 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 residential real estate loans the Corporation will seek 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 $436,000 as of December 31, 2019, and $333,000 as of December 31, 2018. 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, 2019, or December 31, 2018.
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 $892,000 of MSRs as of December 31, 2019, compared to $905,000 as of December 31, 2018. The value of MSRs declined during 2019 as amortization on existing assets outpaced the valuation of new assets. Management expects MSRs to grow going forward as a result of the expanded mortgage program and a more stable interest rate environment. 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. The following chart provides the activity of the Corporation’s mortgage servicing rights for the years ended December 31, 2019 and 2018. MORTGAGE SERVICING RIGHTS (DOLLARS IN THOUSANDS) December 31, 2019 2018 $ $ Beginning Balance 905 661 Additions 284 315 Amortization (242 ) (52 ) Disposals (55 ) (19 ) Ending Balance 892 905
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 $28,818,000 and $28,085,000 as of December 31, 2019, and 2018, respectively. The increase in BOLI cash surrender value was primarily due to normal appreciation of existing policies as a result of returns exceeding expenses.
Leases	Leases The Company has operating leases for several branch locations and office space. Generally, the underlying lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company may also lease certain office equipment under operating leases. Many of our leases include both lease (e.g., minimum rent payments) and non-lease components (e.g., common-area or other maintenance costs). The Company accounts for each component separately based on the standalone price of each component. In addition, there are several operating leases with lease terms of less than one year and therefore, we have elected the practical expedient to exclude these short-term leases from our right of use assets and lease liabilities. Most leases include one or more options to renew. The exercise of lease renewal options is typically at the sole discretion of management and is based on whether the extension options are reasonably certain to be exercised after giving proper consideration to all facts and circumstances of the lease. If management determines that the Company is reasonably certain to exercise the extension option(s), the additional term is included in the calculation of the lease liability. As most of our leases do not provide an implicit rate, we use the fully collateralized FHLB borrowing rate, commensurate with the lease terms based on the information available at the lease commencement date in determining the present value of the lease payments
Advertising Costs	Advertising Costs The Corporation expenses advertising costs as incurred. Advertising costs for the years ended December 31, 2019 and 2018 were $820,000 and $773,000, 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.
Retirement Plans	Retirement 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.
Revenue from Contracts with Customers	Revenue from Contracts with Customers The Company records revenue from contracts with customers in accordance with Accounting Standards Topic 606, Revenue from Contracts with Customers (Topic 606). The Corporation’s primary sources of revenue are derived from interest and dividends earned on loans, investment securities, and other financial instruments that are not within the scope of Topic 606. The Corporation has evaluated the nature of its contracts with customers and determined that further disaggregation of revenue from contracts with customers into more granular categories beyond what is presented in the Consolidated Statements of Income was not necessary. The Corporation generally fully satisfies its performance obligations on its contracts with customers as services are rendered and the transaction prices are typically fixed; charged either on a periodic basis or based on activity. Because performance obligations are satisfied as services are rendered and the transaction prices are fixed, there is little judgment involved in applying Topic 606 that significantly affects the determination of the amount and timing of revenue from contracts with customers.
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.
Change in Accounting Principle	Change in Accounting Principle Leases In February 2016, the FASB issued Accounting Standards Update (ASU) 2016-02, Leases. The new leases standard requires a lessor to classify leases as either sales-type, direct financing or operating, similar to existing U.S. GAAP. Classification depends on the same five criteria used by lessees plus certain additional factors. The subsequent accounting treatment for all three lease types is substantially equivalent to existing U.S. GAAP for sales-type leases, direct financing leases, and operating leases. However, the new standard updates certain aspects of the lessor accounting model to align it with the new lessee accounting model, as well as with the new revenue standard under Topic 606. The new leases standard addresses other considerations including identification of a lease, separating lease and non-lease components of a contract, sale and leaseback transactions, modifications, combining contracts, reassessment of the lease term, and re-measurement of lease payments. ASU 2016-02 became effective for us on January 1, 2019 and initially required transition using a modified retrospective approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842) “Leases (Topic 842) - Targeted Improvements,” ASU 2018-20, “Leases (Topic 842) - Narrow-Scope Improvements for Lessors,” Leases (Topic 842): Codification Improvements, Upon adoption of ASU 2016-02, ASU 2018-01, ASU 2018-11, ASU 2018-20, and ASU 2019-01 on January 1, 2019, we recognized right-of-use assets and related lease liabilities totaling $908 thousand and $916 thousand, respectively. We elected to apply certain practical expedients provided under ASU 2016-02 whereby we did not reassess (i) whether any expired or existing contracts are or contain leases, (ii) the lease classification for any expired or existing leases and (iii) initial direct costs for any existing leases. We also did not apply the recognition requirements of ASU 2016-02 to any short-term leases (as defined by related accounting guidance). We expect to account for lease and non-lease components separately because such amounts are readily determinable under our lease contracts and because we expect this election will result in a lower impact on our balance sheet. We utilized the modified-retrospective transition approach prescribed by ASU 2018-11 at the time of adoption.
Recently Issued Accounting Standards	Recently Issued Accounting Standards In June 2016, the FASB issued Accounting Standards Update (ASU) 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. ASU 2016-13 requires credit losses on most financial assets measured at amortized cost and certain other instruments to be measured using an expected credit loss model (referred to as the current expected credit loss (CECL) model). Under this model, entities will estimate credit losses over the entire contractual term of the instrument (considering estimated prepayments, but not expected extensions or modifications unless reasonable expectation of a troubled debt restructuring exists) from the date of initial recognition of that instrument. The ASU also replaces the current accounting model for purchased credit impaired loans and debt securities. The allowance for credit losses for purchased financial assets with a more-than insignificant amount of credit deterioration since origination (“PCD assets”), should be determined in a similar manner to other financial assets measured on an amortized cost basis. However, upon initial recognition, the allowance for credit losses is added to the purchase price (“gross up approach”) to determine the initial amortized cost basis. The subsequent accounting for PCD financial assets is the same expected loss model described above. Further, the ASU made certain targeted amendments to the existing impairment model for available-for-sale (“AFS”) debt securities. For an AFS debt security for which there is neither the intent nor a more-likely-than-not requirement to sell, an entity will record credit losses as an allowance rather than a write-down of the amortized cost basis. ASU 2016-13 was originally effective for annual and interim periods beginning after December 15, 2019. With certain exceptions, transition to the new requirements will be through a cumulative effect adjustment to opening retained earnings as of the beginning of the first reporting period in which the guidance is adopted. In November 2019, the FASB issued ASU 2019-10, Financial Instruments ‒ Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes the Disclosure Requirements for Fair Value Measurements In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments, Topic 326, Financial Instruments – Credit Losses Topic 815, Derivatives and Hedging Topic 825, Financial Instruments Financial Instruments ‒ Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) In May 2019, the FASB issued ASU 2019-05, Financial Instruments – Credit Losses, Topic 326 Financial Instruments ‒ Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) In July 2019, the FASB issued ASU 2019-07, Codification Updates to SEC Sections, Amendments to SEC Paragraphs Pursuant to SEC Final Rule Releases No. 33-10532, Disclosure Update and Simplification, and Nos. 33-10231 and 33-10442, Investment Company Reporting Modernization, and Miscellaneous Updates. Disclosure Update and Simplification Investment Company Reporting Modernization In November 2019, the FASB issued ASU 2019-09, Financial Services ‒ Insurance (Topic 944) Financial Services ‒ Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts In November 2019, the FASB issued ASU 2019-11, Codification Improvements to Topic 326, Financial Instruments – Credit Losses In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740) In January 2020, the FASB issued ASU 2020-1, Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815)

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Schedule of Mortgage Servicing Rights	The following chart provides the activity of the Corporation’s mortgage servicing rights for the years ended December 31, 2019 and 2018. MORTGAGE SERVICING RIGHTS (DOLLARS IN THOUSANDS) December 31, 2019 2018 $ $ Beginning Balance 905 661 Additions 284 315 Amortization (242 ) (52 ) Disposals (55 ) (19 ) Ending Balance 892 905

SECURITIES (Tables)

SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of securities	The amortized cost and fair value of debt securities held at December 31, 2019, and 2018, are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value $ $ $ $ December 31, 2019 U.S. government agencies 32,621 31 (28 ) 32,624 U.S. agency mortgage-backed securities 48,859 215 (448 ) 48,626 U.S. agency collateralized mortgage obligations 60,124 323 (194 ) 60,253 Asset-backed securities 23,646 7 (391 ) 23,262 Corporate bonds 54,604 316 (40 ) 54,880 Obligations of states and political subdivisions 86,216 2,245 (9 ) 88,452 Total securities available for sale 306,070 3,137 (1,110 ) 308,097 December 31, 2018 U.S. government agencies 31,025 5 (910 ) 30,120 U.S. agency mortgage-backed securities 46,363 2 (1,726 ) 44,639 U.S. agency collateralized mortgage obligations 55,182 74 (1,166 ) 54,090 Asset-backed securities 11,440 — (41 ) 11,399 Corporate bonds 61,085 — (1,893 ) 59,192 Obligations of states and political subdivisions 96,157 69 (1,601 ) 94,625 Total securities available for sale 301,252 150 (7,337 ) 294,065
Schedule of contractual maturity of debt securities	The amortized cost and fair value of debt securities available for sale at December 31, 2019, 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 25,341 25,335 Due after one year through five years 140,027 140,296 Due after five years through ten years 31,995 32,011 Due after ten years 108,707 110,455 Total debt securities 306,070 308,097
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 2019 2018 $ $ Proceeds from sales 39,859 57,660 Gross realized gains 443 130 Gross realized losses 32 416
Schedule of securities in an unrealized loss position (temporary impairment)	Information pertaining to securities with gross unrealized losses at December 31, 2019, and December 31, 2018, 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, 2019 U.S. government agencies 1,222 (3 ) 15,971 (25 ) 17,193 (28 ) U.S. agency mortgage-backed securities 5,040 (32 ) 24,027 (416 ) 29,067 (448 ) U.S. agency collateralized mortgage obligations 17,457 (50 ) 17,512 (144 ) 34,969 (194 ) Asset-backed securities 10,278 (169 ) 9,126 (222 ) 19,404 (391 ) Corporate bonds 2,562 (4 ) 13,041 (36 ) 15,603 (40 ) Obligations of states & political subdivisions 2,642 (9 ) — — 2,642 (9 ) Total temporarily impaired securities 39,201 (267 ) 79,677 (843 ) 118,878 (1,110 ) As of December 31, 2018 U.S. government agencies — — 28,116 (910 ) 28,116 (910 ) U.S. agency mortgage-backed securities — — 42,041 (1,726 ) 42,041 (1,726 ) U.S. agency collateralized mortgage obligations 8,055 (85 ) 40,735 (1,081 ) 48,790 (1,166 ) Asset-backed securities 5,563 (41 ) — — 5,563 (41 ) Corporate bonds 20,228 (455 ) 38,964 (1,438 ) 59,192 (1,893 ) Obligations of states & political subdivisions 12,367 (104 ) 68,982 (1,497 ) 81,349 (1,601 ) Total temporarily impaired securities 46,213 (685 ) 218,838 (6,652 ) 265,051 (7,337 )
Schedule of unrealized gains and losses, and fair value of equity securities	The following tables summarize the amortized cost, gross unrealized gains and losses, and fair value of equity securities held at December 31, 2019 and December 31, 2018. Gross Gross (DOLLARS IN THOUSANDS) Amortized Unrealized Unrealized Fair Cost Gains Losses Value $ $ $ $ December 31, 2019 CRA-qualified mutual funds 6,071 — — 6,071 Bank stocks 614 26 (3 ) 637 Total equity securities 6,685 26 (3 ) 6,708 Gross Gross (DOLLARS IN THOUSANDS) Amortized Unrealized Unrealized Fair Cost Gains Losses Value $ $ $ $ December 31, 2018 CRA-qualified mutual funds 5,410 — — 5,410 Bank stocks 591 — (67 ) 524 Total equity securities 6,001 — (67 ) 5,934
Schedule of unrealized gains and losses	The following table presents the net gains and losses on the Corporation’s equity investments recognized in earnings during the year ended December 31, 2019 and 2018, and the portion of unrealized gains and losses for the periods that relates to equity investments held as of December 31, 2019 and 2018. NET GAINS AND LOSSES ON EQUITY INVESTMENTS RECOGNIZED IN EARNINGS (DOLLARS IN THOUSANDS) Year Ended Year Ended December 31, 2019 December 31, 2018 $ $ Net gains (losses) recognized in equity securities during the period 88 (5 ) Less: Net gains realized on the sale of equity securities during the period 16 53 Unrealized gains (losses) recognized in equity securities held at reporting date 72 (58 )

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
Schedule of loan portfolio by category	The following table presents the Corporation’s loan portfolio by category of loans for 2019 and 2018. LOAN PORTFOLIO (DOLLARS IN THOUSANDS) December 31, 2019 2018 $ $ Commercial real estate Commercial mortgages 120,212 101,419 Agriculture mortgages 175,367 165,926 Construction 16,209 18,092 Total commercial real estate 311,788 285,437 Consumer real estate (a) 1-4 family residential mortgages 258,676 219,037 Home equity loans 9,770 10,271 Home equity lines of credit 70,809 64,413 Total consumer real estate 339,255 293,721 Commercial and industrial Commercial and industrial 58,019 61,043 Tax-free loans 16,388 22,567 Agriculture loans 20,804 20,512 Total commercial and industrial 95,211 104,122 Consumer 5,416 9,197 Gross loans prior to deferred costs and allowance for loan losses 751,670 692,477 Deferred loan costs, net 1,948 1,596 Allowance for loan losses (9,447 ) (8,666 ) Total net loans 744,171 685,407 (a) Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $154,577,000 and $126,916,000 as of December 31, 2019, and 2018, 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, 2019 Mortgages Mortgages Construction Industrial Loans Loans Total $ $ $ $ $ $ $ Grade: Pass 117,875 158,896 16,209 52,028 16,388 18,530 379,926 Special Mention 827 4,546 — 618 — 939 6,930 Substandard 1,510 11,925 — 5,293 — 1,335 20,063 Doubtful — — — 80 — — 80 Loss — — — — — — — Total 120,212 175,367 16,209 58,019 16,388 20,804 406,999 COMMERCIAL CREDIT EXPOSURE CREDIT RISK PROFILE BY INTERNALLY ASSIGNED GRADE (DOLLARS IN THOUSANDS) Commercial Commercial Agriculture and Tax-free Agriculture December 31, 2018 Mortgages Mortgages Construction Industrial Loans Loans Total $ $ $ $ $ $ $ Grade: Pass 99,013 154,132 17,567 59,348 22,367 19,487 371,914 Special Mention 176 3,478 525 518 200 453 5,350 Substandard 2,230 8,316 — 1,177 — 572 12,295 Doubtful — — — — — — — Loss — — — — — — — Total 101,419 165,926 18,092 61,043 22,567 20,512 389,559 CONSUMER CREDIT EXPOSURE CREDIT RISK PROFILE BY PAYMENT PERFORMANCE (DOLLARS IN THOUSANDS) 1-4 Family Home Equity December 31, 2019 Residential Home Equity Lines of Mortgages Loans Credit Consumer Total Payment performance: $ $ $ $ $ Performing 257,374 9,678 70,799 5,412 343,263 Non-performing 1,302 92 10 4 1,408 Total 258,676 9,770 70,809 5,416 344,671 CONSUMER CREDIT EXPOSURE CREDIT RISK PROFILE BY PAYMENT PERFORMANCE (DOLLARS IN THOUSANDS) 1-4 Family Home Equity December 31, 2018 Residential Home Equity Lines of Mortgages Loans Credit Consumer Total Payment performance: $ $ $ $ $ Performing 218,641 10,271 64,413 9,196 302,521 Non-performing 396 — — 1 397 Total 219,037 10,271 64,413 9,197 302,918
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, 2019 and 2018: AGING OF LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Loans Greater Receivable > 30-59 Days 60-89 Days than 90 Total Past Total Loans 90 Days and December 31, 2019 Past Due Past Due Days Due Current Receivable Accruing $ $ $ $ $ $ $ Commercial real estate Commercial mortgages — — 228 228 119,984 120,212 — Agriculture mortgages 962 — 1,070 2,032 173,335 175,367 — Construction — — — — 16,209 16,209 — Consumer real estate 1-4 family residential mortgages 2,254 161 1,302 3,717 254,959 258,676 807 Home equity loans 52 — 92 144 9,626 9,770 — Home equity lines of credit 43 — 10 53 70,756 70,809 10 Commercial and industrial Commercial and industrial 68 — 538 606 57,413 58,019 — Tax-free loans — — — — 16,388 16,388 — Agriculture loans 2 — — 2 20,802 20,804 — Consumer 14 12 4 30 5,386 5,416 4 Total 3,395 173 3,244 6,812 744,858 751,670 821 AGING OF LOANS RECEIVABLE (DOLLARS IN THOUSANDS) Loans December 31, 2018 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 — — 237 237 101,182 101,419 — Agriculture mortgages 326 — 816 1,142 164,784 165,926 — Construction — — — — 18,092 18,092 — Consumer real estate 1-4 family residential mortgages 455 201 396 1,052 217,985 219,037 396 Home equity loans 62 35 — 97 10,174 10,271 — Home equity lines of credit 95 — — 95 64,318 64,413 — Commercial and industrial Commercial and industrial 24 — — 24 61,019 61,043 — Tax-free loans — — — — 22,567 22,567 — Agriculture loans 118 — — 118 20,394 20,512 — Consumer 10 15 1 26 9,171 9,197 1 Total 1,090 251 1,450 2,791 689,686 692,477 397
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) 2019 2018 $ $ Commercial real estate Commercial mortgages 228 1,017 Agriculture mortgages 1,070 816 Construction — — Consumer real estate 1-4 family residential mortgages 495 — Home equity loans 92 — Home equity lines of credit — — Commercial and industrial 538 Commercial and industrial — — Tax-free loans — — Agriculture loans — — Consumer — — Total 2,423 1,833
Schedule of impaired loans	The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2019: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 724 765 — 859 — Agriculture mortgages 1,912 1,928 — 1,903 43 Construction — — — — — Total commercial real estate 2,636 2,693 — 2,762 43 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with no related allowance 2,636 2,693 — 2,762 43 With an allowance recorded: Commercial real estate Commercial mortgages 92 100 49 93 — Agriculture mortgages 718 718 60 760 — Construction — — — — — Total commercial real estate 810 818 109 853 — Commercial and industrial Commercial and industrial 538 549 80 261 — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial 538 549 80 261 — Total with a related allowance 1,348 1,367 189 1,114 — Total by loan class: Commercial real estate Commercial mortgages 815 865 49 952 — Agriculture mortgages 2,630 2,646 60 2,663 43 Construction — — — — — Total commercial real estate 3,445 3,511 109 3,615 43 Commercial and industrial Commercial and industrial 538 549 80 261 — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial 538 549 80 261 — Total 3,983 4,060 189 3,876 43 The following table summarizes information in regards to impaired loans by loan portfolio class as of December 31, 2018: IMPAIRED LOAN ANALYSIS (DOLLARS IN THOUSANDS) Recorded Unpaid Related Average Interest $ $ $ $ $ With no related allowance recorded: Commercial real estate Commercial mortgages 370 901 — 396 — Agriculture mortgages 1,692 1,692 — 1,063 45 Construction — — — — — Total commercial real estate 2,062 2,593 — 1,459 45 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — — — Total commercial and industrial — — — — — Total with no related allowance 2,062 2,593 — 1,459 45 With an allowance recorded: Commercial real estate Commercial mortgages 647 694 132 484 — Agriculture mortgages — — — — — Construction — — — — — Total commercial real estate 647 694 132 484 — Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — 124 6 Total commercial and industrial — — — 124 6 Total with a related allowance 647 694 132 608 6 Total by loan class: Commercial real estate Commercial mortgages 1,017 1,595 132 880 — Agriculture mortgages 1,692 1,692 — 1,063 45 Construction — — — — — Total commercial real estate 2,709 3,287 132 1,943 45 Commercial and industrial Commercial and industrial — — — — — Tax-free loans — — — — — Agriculture loans — — — 124 6 Total commercial and industrial — — — 124 6 Total 2,709 3,287 132 2,067 51
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, 2019: 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 4,296 2,408 1,428 103 431 8,666 Charge-offs (122 ) — (63 ) (26 ) — (211 ) Recoveries 170 1 48 3 — 222 Provision (credit) (25 ) 446 371 (39 ) 17 770 Ending balance 4,319 2,855 1,784 41 448 9,447 Ending balance: individually evaluated for impairment 109 — 80 — — 189 Ending balance: collectively evaluated for impairment 4,210 2,855 1,704 41 448 9,258 Loans receivable: Ending balance 311,788 339,255 95,211 5,416 751,670 Ending balance: individually evaluated for impairment 3,445 — 538 — 3,983 Ending balance: collectively evaluated for impairment 308,343 339,255 94,673 5,416 747,687 The following table details activity in the allowance for loan losses by portfolio segment for the year ended December 31, 2018: 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 3,863 2,052 1,829 98 398 8,240 Charge-offs (223 ) (20 ) (110 ) (27 ) — (380 ) Recoveries 72 — 66 8 — 146 Provision (credit) 584 376 (357 ) 24 33 660 Ending balance 4,296 2,408 1,428 103 431 8,666 Ending balance: individually evaluated for impairment 132 — — — — 132 Ending balance: collectively evaluated for impairment 4,164 2,408 1,428 103 431 8,534 Loans receivable: Ending balance 285,437 293,721 104,122 9,197 692,477 Ending balance: individually evaluated for impairment 2,709 — — — 2,709 Ending balance: collectively evaluated for impairment 282,728 293,721 104,122 9,197 689,768

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2019 2018 $ $ Land 5,043 5,043 Buildings and improvements 29,610 29,302 Furniture and equipment 15,240 14,592 Construction in process 104 133 Total 49,997 49,070 Less accumulated depreciation (24,964 ) (23,519 ) Premises and equipment 25,033 25,551

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2019
Deposits:
Schedule of Deposit Liabilities	Deposits by major classifications are summarized as follows: December 31, 2019 2018 $ $ Non-interest bearing demand 363,857 369,081 Interest-bearing demand 25,171 20,104 NOW accounts 96,941 89,072 Money market deposit accounts 141,649 108,594 Savings accounts 211,285 199,665 Time deposits under $250,000 126,796 127,300 Time deposits of $250,000 or more 8,389 5,918 Total deposits 974,088 919,734
Maturities of time deposits	At December 31, 2019, the scheduled maturities of time deposits are as follows: 2020 73,544 2021 24,350 2022 11,404 2023 10,027 2024 15,860 Total 135,185

SHORT TERM BORROWINGS (Tables)

SHORT TERM BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2019
Short-term Debt [Abstract]
Schedule of Short-term borrowings	A summary of short-term borrowings is as follows for the years ended December 31, 2019 and 2018: 2019 2018 $ $ Total short-term borrowings outstanding at year end 200 7,870 Average interest rate at year end 1.95% 2.60% Maximum outstanding at any month end 7,747 17,322 Average amount outstanding for the year 1,890 5,332 Weighted-average interest rate for the year 2.55% 1.88%

OTHER BORROWED FUNDS (Tables)

OTHER BORROWED FUNDS (Tables)	12 Months Ended
	Dec. 31, 2019
Long-term Debt, Unclassified [Abstract]
Schedule of Federal Home Loan Bank Advances by Maturity	December 31, 2019 2018 Weighted- Weighted- Average Average Amount Rate Amount Rate $ % $ % FHLB fixed rate loans 2019 — — 12,237 1.53 2020 16,340 1.85 16,340 1.85 2021 14,505 1.72 14,505 1.72 2022 15,804 1.84 15,804 1.84 2023 13,816 2.77 6,500 2.93 2024 17,407 2.02 — — Total other borrowings 77,872 2.02 65,386 1.87

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2019 2018 $ % $ % Income tax at statutory rate 2,839 21.0 2,322 21.0 Tax-exempt interest income (650 ) (4.8 ) (743 ) (6.7 ) Non-deductible interest expense 56 0.4 47 0.4 Bank-owned life insurance (153 ) (1.1 ) (344 ) (3.1 ) Other 34 0.2 24 0.2 Income tax expense 2,126 15.7 1,306 11.8
Schedule of Components of Income Tax Expense	Significant components of income tax expense are as follows: (DOLLARS IN THOUSANDS) Year Ended December 31, 2019 2018 $ $ Current tax expense 2,412 (46 ) Deferred tax (benefit) expense (286 ) 1,352 Income tax expense 2,126 1,306
Schedule of Deferred Tax Assets and Liabilities	Components of the Corporation's net deferred tax position are as follows: (DOLLARS IN THOUSANDS) December 31, 2019 2018 $ $ Deferred tax assets Allowance for loan losses 1,984 1,820 Net unrealized holding losses on securities available for sale — 1,523 Allowance for off-balance sheet extensions of credit 92 70 Interest on non-accrual loans 9 7 Other 75 53 Total deferred tax assets 2,160 3,473 Deferred tax liabilities Premises and equipment (993 ) (1,006 ) Net unrealized holding gains on securities available for sale (426 ) — Discount on investment securities (9 ) (2 ) Other (128 ) (198 ) Total deferred tax liabilities (1,556 ) (1,206 ) Net deferred tax assets 604 2,267

REGULATORY MATTERS AND RESTRI_2

REGULATORY MATTERS AND RESTRICTIONS (Tables)	12 Months Ended
	Dec. 31, 2019
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of Regulatory Capital Requirements	The following chart details the Corporation’s and the Bank’s capital levels as of December 31, 2019 and December 31, 2018, 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, 2019 Total Capital to Risk-Weighted Assets Consolidated 124,970 14.5 68,740 8.0 85,925 10.0 Bank 123,346 14.4 68,688 8.0 85,860 10.0 Tier I Capital to Risk-Weighted Assets Consolidated 115,087 13.4 51,555 6.0 68,740 8.0 Bank 113,463 13.2 51,516 6.0 68,688 8.0 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated. 115,087 13.4 38,666 4.5 55,851 6.5 Bank 113,463 13.2 38,637 4.5 55,809 6.5 Tier I Capital to Average Assets Consolidated. 115,087 9.9 46,271 4.0 57,839 5.0 Bank 113,463 9.8 46,271 4.0 57,839 5.0 As of December 31, 2018 Total Capital to Risk-Weighted Assets Consolidated. 117,479 14.3 65,730 8.0 82,163 10.0 Bank 115,988 14.1 65,680 8.0 82,100 10.0 Tier I Capital to Risk-Weighted Assets Consolidated 108,480 13.2 49,298 6.0 65,730 8.0 Bank 106,989 13.0 49,260 6.0 65,680 8.0 Common Equity Tier I Capital to Risk-Weighted Assets Consolidated 108,480 13.2 36,973 4.5 53,406 6.5 Bank 106,989 13.0 36,945 4.5 53,365 6.5 Tier I Capital to Average Assets Consolidated. 108,480 10.0 43,519 4.0 54,398 5.0 Bank 106,989 9.8 43,519 4.0 54,398 5.0

TRANSACTIONS WITH DIRECTORS A_2

TRANSACTIONS WITH DIRECTORS AND OFFICERS (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2018 5,669 Advances 2,935 Repayments (3,435 ) Balance, December 31, 2018 5,169 Balance, January 1, 2019 5,169 Advances 140 Repayments (136 ) Other changes (4,533 ) Balance, December 31, 2019 640

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Schedule of ROU Assets and Lease Liabilities	The following table represents the Consolidated Balance Sheet classification of the Corporation’s ROU assets and lease liabilities. Lease Consolidated Balance Sheets Classification (Dollars in Thousands) Classification December 31, 2019 Lease Right-of-Use Assets Operating lease right-of use assets Other Assets $ 908 Lease Liabilities Operating lease liabilties Other Liabilities $ 916
Schedule of Opreating Leases Weighted-Average Discount Term and Rate	December 31, 2019 Weighted-average remaining lease term Operating leases 5.3 years Weighted-average discount rate Operating leases 3.09%
Schedule of Maturities of Operating Leases	Future minimum payments for operating leases with initial or remaining terms of one year or more as of December 31, 2019 were as follows: Lease Payment Schedule (Dollars in Thousands) Operating Leases Twelve Months Ended: December 31, 2020 $ 202 December 31, 2021 204 December 31, 2022 169 December 31, 2023 153 December 31, 2024 155 Thereafter 113 Total Future Minimum Lease Payments 996 Amounts Representing Interests (80 ) Present Value of Net Future Minimum Lease Payments $ 916

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of assets measured on a recurring basis	The following tables provide the fair market value for assets required to be measured and reported at fair value on a recurring basis on the Consolidated Balance Sheets as of December 31, 2019 and December 31, 2018, by level within the fair value hierarchy. As required by U.S. generally accepted accounting principles, 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 ON A RECURRING BASIS (DOLLARS IN THOUSANDS) December 31, 2019 Level I Level II Level III Total $ $ $ $ U.S. government agencies — 32,624 — 32,624 U.S. agency mortgage-backed securities — 48,626 — 48,626 U. S. agency collateralized mortgage obligations — 60,253 — 60,253 Asset-backed securities — 23,262 — 23,262 Corporate bonds — 54,880 — 54,880 Obligations of states and political subdivisions — 88,452 — 88,452 Marketable equity securities 6,708 — — 6,708 Total securities 6,708 308,097 — 314,805 ASSETS REPORTED AT FAIR VALUE ON A RECURRING BASIS (DOLLARS IN THOUSANDS) December 31, 2018 Level I Level II Level III Total $ $ $ $ U.S. government agencies — 30,120 — 30,120 U.S. agency mortgage-backed securities — 44,639 — 44,639 U. S. agency collateralized mortgage obligations — 54,090 — 54,090 Asset-backed securities 11,399 11,399 Corporate bonds — 59,192 — 59,192 Obligations of states and political subdivisions — 94,625 — 94,625 Marketable equity securities 5,934 — — 5,934 Total securities 5,934 294,065 — 299,999
Schedule of assets measured on a nonrecurring basis	The following table provides the fair value for each class of assets required to be measured and reported at fair value on a nonrecurring basis on the Consolidated Balance Sheets as of December 31, 2019 and December 31, 2018, by level within the fair value hierarchy: ASSETS MEASURED ON A NONRECURRING BASIS (DOLLARS IN THOUSANDS) December 31, 2019 Level I Level II Level III Total $ $ $ $ Assets: Impaired Loans — — 3,794 3,794 — — 3,794 3,794 December 31, 2018 Level I Level II Level III Total $ $ $ $ Assets: Impaired Loans — — 2,577 2,577 Total — — 2,577 2,577
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, 2019 Fair Value Valuation Unobservable Range Estimate Techniques Input (Weighted Avg) Impaired loans 3,794 Appraisal of collateral (1) Appraisal adjustments (2) 0% to -20% (-20%) Liquidation expenses (2) 0% to -10% (-10%) December 31, 2018 Fair Value Valuation Unobservable Range Estimate Techniques Input (Weighted Avg) Impaired loans 2,577 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 _2

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2019
Unobservable inputs - Liquidation expenses
Schedule of carrying amount and fair value of financial instruments	The following tables provide the carrying amount for each class of assets and liabilities and the fair value for certain financial instruments that are not required to be measured or reported at fair value on the Corporation's Consolidated Balance Sheets as of December 31, 2019 and December 31, 2018: FINANCIAL INSTRUMENTS NOT REQUIRED TO BE MEASURED OR REPORTED AT FAIR VALUE (DOLLARS IN THOUSANDS) December 31, 2019 Quoted Prices in Active Markets Significant Other Significant for Identical Observable Unobservable Carrying Assets Inputs Inputs Amount Fair Value (Level 1) (Level II) (Level III) $ $ $ $ $ Financial Assets: Cash and cash equivalents 41,053 41,053 41,053 — — Regulatory stock 7,291 7,291 7,291 — — Loans held for sale 2,342 2,342 2,342 — — Loans, net of allowance 744,171 759,011 — — 759,011 Mortgage servicing assets 892 1,049 — — 1,049 Accrued interest receivable 3,768 3,768 3,768 — — Bank owned life insurance 28,818 28,818 28,818 — — Financial Liabilities: Demand deposits 363,857 363,857 363,857 — — Interest-bearing demand deposits 25,171 25,171 25,171 — — NOW accounts 96,941 96,941 96,941 — — Money market deposit accounts 141,649 141,649 141,649 — — Savings accounts 211,285 211,285 211,285 — — Time deposits 135,185 136,781 — — 136,781 Total deposits 974,088 975,684 838,903 — 136,781 Short-term borrowings 200 200 200 — — Long-term debt 77,872 76,825 — — 76,825 Accrued interest payable 521 521 521 — — FINANCIAL INSTRUMENTS NOT REQUIRED TO BE MEASURED OR REPORTED AT FAIR VALUE (DOLLARS IN THOUSANDS) December 31, 2018 Quoted Prices in Active Markets Significant Other Significant for Identical Observable Unobservable Carrying Assets Inputs Inputs Amount Fair Value (Level 1) (Level II) (Level III) $ $ $ $ $ Financial Assets: Cash and cash equivalents 41,365 41,365 41,365 — — Regulatory stock 6,348 6,348 6,348 — — Loans held for sale 1,429 1,429 1,429 — — Loans, net of allowance 685,407 687,844 — — 687,844 Mortgage servicing assets 905 997 — — 997 Accrued interest receivable 3,754 3,754 3,754 — — Bank owned life insurance 28,085 28,085 28,085 — — Financial Liabilities: Demand deposits 369,081 369,081 369,081 — — Interest-bearing demand deposits 20,104 20,104 20,104 — — NOW accounts 89,072 89,072 89,072 — — Money market deposit accounts 108,594 108,594 108,594 — — Savings accounts 199,665 199,665 199,665 — — Time deposits 133,218 132,351 — — 132,351 Total deposits 919,734 918,867 786,516 — 132,351 Short-term borrowings 7,870 7,870 7,870 — — Long-term debt 65,386 65,286 — — 65,286 Accrued interest payable 397 397 397 — —

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of accumulated other comprehensive income	The activity in accumulated other comprehensive income (loss) for the years ended December 31, 2019 and 2018 is as follows: ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (1) (2) (DOLLARS IN THOUSANDS) Unrealized Gains (Losses) on Securities Available-for-Sale $ Balance at January 1, 2019 (5,678 ) Other comprehensive income before reclassifications 7,603 Amount reclassified from accumulated other comprehensive income (325 ) Period change 7,278 Balance at December 31, 2019 1,600 Balance at January 1, 2018 (3,195 ) Other comprehensive loss before reclassifications (2,075 ) Amount reclassified from accumulated other comprehensive loss 226 Reclassification of certain income tax effects from accumulated other comprehensive income (loss) (634 ) Period change (2,483 ) Balance at December 31, 2018 (5,678 ) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using a Federal income tax rate of 21%. (2) Amounts in parentheses indicate debits. DETAILS ABOUT ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) COMPONENTS (1) (DOLLARS IN THOUSANDS) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Year Ended December 31, Affected Line Item 2019 2018 in the Consolidated $ $ Statements of Income Securities available-for-sale: Net securities gains (losses) reclassified into earnings 411 (286 ) Gains (losses) on debt securities, net Related income tax expense (86 ) 60 Provision for federal income taxes Net effect on accumulated other comprehensive income (loss) for the period 325 (226 ) Total reclassifications for the period 325 (226 ) (1) Amounts in parentheses indicate debits.

CONDENSED PARENT ONLY DATA (Tab

CONDENSED PARENT ONLY DATA (Tables)	12 Months Ended
	Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract]
Condensed Balance Sheet	Condensed Balance Sheets (Parent Company Only) (DOLLARS IN THOUSANDS) December 31, 2019 2018 $ $ Assets Cash 870 861 Equity securities 637 524 Equity in bank subsidiary 115,064 101,311 Other assets 117 106 Total assets 116,688 102,802 Stockholders' Equity Common stock 574 574 Capital surplus 4,482 4,435 Retained earnings 111,944 104,067 Accumulated other comprehensive income (loss), net of tax 1,600 (5,678 ) Treasury stock (1,912 ) (596 ) Total stockholders' equity 116,688 102,802
Condensed Statements of Comprehensive Income	Condensed Statements of Comprehensive Income (DOLLARS IN THOUSANDS) Year Ended December 31, 2019 2018 $ $ Income Dividend income - investment securities 20 13 Gains (losses) on securities transactions 88 (5 ) Dividend income 5,019 3,282 Undistributed earnings of bank subsidiary 6,475 6,614 Total income 11,602 9,904 Expense Shareholder expenses 154 132 Other expenses 53 23 Total expense 207 155 Net Income 11,395 9,749 Comprehensive Income 18,673 7,900
Condensed Statements of Cash Flows	Condensed Statements of Cash Flows (DOLLARS IN THOUSANDS) Year Ended December 31, 2019 2018 Cash Flows from Operating Activities: $ $ Net Income 11,395 9,749 Equity in undistributed earnings of subsidiaries (6,475 ) (6,614 ) (Gains)losses on securities transactions, net (88 ) 5 Net increase in other assets (11 ) (1 ) Net cash provided by operating activities 4,821 3,139 Cash Flows from Investing Activities: Proceeds from sales of equity securities 168 277 Purchases of equity securities (193 ) (548 ) Net cash used for investing activities (25 ) (271 ) Cash Flows from Financing Activities: Proceeds from issuance of treasury stock 628 551 Payment to repurchase common stock (1,897 ) (463 ) Dividends paid (3,518 ) (3,282 ) Net cash used for financing activities (4,787 ) (3,194 ) Cash and Cash Equivalents: Net change in cash and cash equivalents 9 (326 ) Cash and cash equivalents at beginning of period 861 1,187 Cash and cash equivalents at end of period 870 861

SUMMARY OF QUARTERLY FINANCIA_2

SUMMARY OF QUARTERLY FINANCIAL DATA (Tables)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Data [Abstract]
Schedule of Quarterly Results of Operations	2019 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 10,162 10,462 10,590 10,523 Interest expense 1,179 1,304 1,301 1,335 Net interest income 8,983 9,158 9,289 9,188 Less provision (credit) for loan losses 180 30 630 (70 ) Net interest income after provision (credit) for loan losses 8,803 9,128 8,659 9,258 Other income 2,544 2,762 2,943 3,057 Operating expenses: Salaries and employee benefits 5,188 5,105 5,227 5,512 Occupancy and equipment expenses 917 877 902 908 Other operating expenses 2,177 2,235 1,999 2,586 Total operating expenses 8,282 8,217 8,128 9,006 Income before income taxes 3,065 3,673 3,474 3,309 Provision for Federal income taxes 462 584 550 530 Net income 2,603 3,089 2,924 2,779 FINANCIAL RATIOS Per share data: Net income 0.46 0.54 0.51 0.49 Cash dividends paid 0.150 0.155 0.155 0.160 2018 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr $ $ $ $ Interest income 8,524 8,897 9,348 9,729 Interest expense 774 842 872 886 Net interest income 7,750 8,055 8,476 8,843 Less provision for loan losses 190 90 190 190 Net interest income after provision for loan losses 7,560 7,965 8,286 8,653 Other income 3,380 2,628 2,787 2,242 Operating expenses: Salaries and employee benefits 4,960 5,221 5,197 4,862 Occupancy and equipment expenses 951 893 920 840 Other operating expenses 1,973 2,053 1,954 2,622 Total operating expenses 7,884 8,167 8,071 8,324 Income before income taxes 3,056 2,426 3,002 2,571 Provision for Federal income taxes 235 300 425 346 Net income 2,821 2,126 2,577 2,225 FINANCIAL RATIOS Per share data: Net income 0.50 0.37 0.45 0.39 Cash dividends paid 0.140 0.145 0.145 0.145

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Allowances for off-balance sheet extensions of credit	$ 436,000	$ 333,000
Other Real Estate Owned (OREO)
Mortgage Servicing Rights (MSRs)	892,000	905,000	$ 661,000
Bank owned life insurance	28,818,000	28,085,000
Advertising costs	$ 820,000	$ 773,000
Percentage increase in assets and liabilities	1.00%
Right-of-use assets	$ 908,000
Lease liabilities	$ 916,000
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	1000
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

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Mortgage Servicing Rights) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Beginning Balance	$ 905	$ 661
Additions	284	315
Amortization	(242)	(52)
Disposals	(55)	(19)
Ending Balance	$ 892	$ 905

SECURITIES (Narrative) (Details

SECURITIES (Narrative) (Details)	12 Months Ended
	Dec. 31, 2019USD ($)item	Dec. 31, 2018USD ($)
Debt Securities, Available-for-sale [Line Items]
Available for sale debt securities pledged or restricted for public funds, par value	$ 66,712,000	$ 58,668,000
Available for sale debt securities pledged or restricted for public funds, fair value	68,732,000	58,914,000
Proceeds from sales of equity securities	$ 168,000	$ 278,000
Debt Security Portfolio [Member]
Debt Securities, Available-for-sale [Line Items]
Number of securities considered temporarily impaired | item	59

SECURITIES (Schedule of Amortiz

SECURITIES (Schedule of Amortized Cost and Fair Value of Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Securities Available For Sale
Amortized Cost	$ 306,070	$ 301,252
Gross Unrealized Gains	3,137	150
Gross Unrealized Losses	(1,110)	(7,337)
Fair Value	308,097	294,065
U.S. Government Agencies [Member]
Securities Available For Sale
Amortized Cost	32,621	31,025
Gross Unrealized Gains	31	5
Gross Unrealized Losses	(28)	(910)
Fair Value	32,624	30,120
U.S. Agency Mortgage-Backed Securities [Member]
Securities Available For Sale
Amortized Cost	48,859	46,363
Gross Unrealized Gains	215	2
Gross Unrealized Losses	(448)	(1,726)
Fair Value	48,626	44,639
U.S. Agency Collateralized Mortgage Obligations [Member]
Securities Available For Sale
Amortized Cost	60,124	55,182
Gross Unrealized Gains	323	74
Gross Unrealized Losses	(194)	(1,166)
Fair Value	60,253	54,090
Asset-backed Securities [Member]
Securities Available For Sale
Amortized Cost	23,646	11,440
Gross Unrealized Gains	7
Gross Unrealized Losses	(391)	(41)
Fair Value	23,262	11,399
Corporate Bonds [Member]
Securities Available For Sale
Amortized Cost	54,604	61,085
Gross Unrealized Gains	316
Gross Unrealized Losses	(40)	(1,893)
Fair Value	54,880	59,192
Obligations of States and Political Subdivisions [Member]
Securities Available For Sale
Amortized Cost	86,216	96,157
Gross Unrealized Gains	2,245	69
Gross Unrealized Losses	(9)	(1,601)
Fair Value	$ 88,452	$ 94,625

SECURITIES (Schedule of Contrac

SECURITIES (Schedule of Contractual Maturity of Debt Securities) (Details) $ in Thousands	Dec. 31, 2019USD ($)
Contractual maturity of debt securities, Amortized Cost
Due in one year or less	$ 25,341
Due after one year through five years	140,027
Due after five years through ten years	31,995
Due after ten years	108,707
Total debt securities	306,070
Contractual maturity of debt securities, Fair Value
Due in one year or less	25,335
Due after one year through five years	140,296
Due after five years through ten years	32,011
Due after ten years	110,455
Securities available for sale	$ 308,097

SECURITIES (Schedule of Proceed

SECURITIES (Schedule of Proceeds and Gains and Losses on Securities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Proceeds from sales	$ 39,859	$ 57,660
Gross realized gains	443	130
Gross realized losses	$ 32	$ 416

SECURITIES (Schedule of Securit

SECURITIES (Schedule of Securities in an Unrealized Loss Position) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Fair Value
Less than 12 months	$ 39,201	$ 46,213
More than 12 months	79,677	218,838
Total	118,878	265,051
Gross Unrealized Losses
Less than 12 months	(267)	(685)
More than 12 months	(843)	(6,652)
Total	(1,110)	(7,337)
U.S. Government Agencies [Member]
Fair Value
Less than 12 months	1,222
More than 12 months	15,971	28,116
Total	17,193	28,116
Gross Unrealized Losses
Less than 12 months	(3)
More than 12 months	(25)	(910)
Total	(28)	(910)
U.S. Agency Mortgage-Backed Securities [Member]
Fair Value
Less than 12 months	5,040
More than 12 months	24,027	42,041
Total	29,067	42,041
Gross Unrealized Losses
Less than 12 months	(32)
More than 12 months	(416)	(1,726)
Total	(448)	(1,726)
U.S. Agency Collateralized Mortgage Obligations [Member]
Fair Value
Less than 12 months	17,457	8,055
More than 12 months	17,512	40,735
Total	34,969	48,790
Gross Unrealized Losses
Less than 12 months	(50)	(85)
More than 12 months	(144)	(1,081)
Total	(194)	(1,166)
Asset-backed Securities [Member]
Fair Value
Less than 12 months	10,278	5,563
More than 12 months	9,126
Total	19,404	5,563
Gross Unrealized Losses
Less than 12 months	(169)	(41)
More than 12 months	(222)
Total	(391)	(41)
Corporate Bonds [Member]
Fair Value
Less than 12 months	2,562	20,228
More than 12 months	13,041	38,964
Total	15,603	59,192
Gross Unrealized Losses
Less than 12 months	(4)	(455)
More than 12 months	(36)	(1,438)
Total	(40)	(1,893)
Obligations of States and Political Subdivisions [Member]
Fair Value
Less than 12 months	2,642	12,367
More than 12 months		68,982
Total	2,642	81,349
Gross Unrealized Losses
Less than 12 months	(9)	(104)
More than 12 months		(1,497)
Total	$ (9)	$ (1,601)

SECURITIES (Schedule of Unreali

SECURITIES (Schedule of Unrealized Gains and Losses, and Fair Value of Equity Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 306,070	$ 301,252
Fair Value	308,097	294,065
CRA-qualified mutual fund [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	6,071	5,410
Gross Unrealized Gains
Gross Unrealized Losses
Fair Value	6,071	5,410
Bank Stock [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	614	591
Gross Unrealized Gains	26
Gross Unrealized Losses	(3)	(67)
Fair Value	637	524
Total equity securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	6,685	6,001
Gross Unrealized Gains	26
Gross Unrealized Losses	(3)	(67)
Fair Value	$ 6,708	$ 5,934

SECURITIES (Schedule of Unrea_2

SECURITIES (Schedule of Unrealized Gains and Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Net gains (losses) recognized in equity securities during the period	$ 88	$ (5)
Less: Net gains realized on the sale of equity securities during the period	16	53
Unrealized gains (losses) recognized in equity securities held at reporting date	$ 72	$ (58)

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN LOSSES (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Foregone interest income for impaired loans		$ 137,000	$ 47,000
Increase/Decrease in ending balance of allowance for loan losses		$ 781,000	$ 426,000
Increase/Decrease in ending balance of allowance for loan losses			9.00%
Allowance as percentage of total loans		1.25%	1.25%
Percentage of loans balance		46.00%
Percetage of loan losses balance		41.00%
Increase amount in Impaired loans		$ 1,275,000
Increase of specific allowance of provision expenses		57,000
Commercial Real Estate Agriculture Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Increase/Decrease in ending balance of allowance for loan losses	$ 718,000
Loans Serviced for Others [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Real estate loans serviced for others		$ 154,577,000	$ 126,916,000
Consumer Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of loans balance		30.00%
Percetage of loan losses balance		45.00%
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of loans balance		19.00%
Percetage of loan losses balance		13.00%
1-4 Family Residential Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Increase/Decrease in ending balance of allowance for loan losses	$ 439,000

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Loan Portfolio by Category) (Details) - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		$ 751,670	$ 692,477
Deferred loan costs, net		1,948	1,596
Allowance for loan losses		(9,447)	(8,666)	$ (8,240)
Net loans		744,171	685,407
Home Equity Loan [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses	[1]	9,770	10,271
Consumer Home Equity Lines of Credit [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses	[1]	70,809	64,413
Commercial Real Estate [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		311,788	285,437
Allowance for loan losses		(4,319)	(4,296)	(3,863)
Commercial Real Estate [Member] | Construction Loans [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		16,209	18,092
Commercial Real Estate [Member] | Agriculture mortgages loans [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		175,367	165,926
Commercial Real Estate [Member] | Commercial and Industrial [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		120,212	101,419
Residential Portfolio Segment [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses	[1]	339,255	293,721
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses	[1]	258,676	219,037
Residential Portfolio Segment [Member] | Home Equity Loan [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		9,770	10,271
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		70,809	64,413
Commercial mortgages [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		95,211	104,122
Commercial mortgages [Member] | Agriculture mortgages loans [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		20,804	20,512
Commercial mortgages [Member] | Commercial and Industrial [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		58,019	61,043
Commercial mortgages [Member] | Government Sector [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		16,388	22,567
Consumer [Member]
Loan Portfolio
Gross loans prior to deferred costs and allowance for loan losses		5,416	9,197
Allowance for loan losses		$ (41)	$ (103)	$ (98)
[1]	Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $154,577,000 and $126,916,000 as of December 31, 2019, and 2018, respectively.

LOANS AND ALLOWANCE FOR LOAN _5

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Commercial and Consumer Credit Exposure) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Total	$ 406,999	$ 389,559
Pass [Member]
Total	379,926	371,914
Special Mention [Member]
Total	6,930	5,350
Substandard [Member]
Total	20,063	12,295
Doubtful [Member]
Total	80
Loss [Member]
Total
Construction Loans [Member]
Total	16,209	18,092
Construction Loans [Member] | Pass [Member]
Total	16,209	17,567
Construction Loans [Member] | Special Mention [Member]
Total		525
Construction Loans [Member] | Substandard [Member]
Total
Construction Loans [Member] | Doubtful [Member]
Total
Construction Loans [Member] | Loss [Member]
Total
Agriculture mortgages loans [Member]
Total	175,367	165,926
Agriculture mortgages loans [Member] | Pass [Member]
Total	158,896	154,132
Agriculture mortgages loans [Member] | Special Mention [Member]
Total	4,546	3,478
Agriculture mortgages loans [Member] | Substandard [Member]
Total	11,925	8,316
Agriculture mortgages loans [Member] | Doubtful [Member]
Total
Agriculture mortgages loans [Member] | Loss [Member]
Total
Commercial and Industrial [Member]
Total	58,019	61,043
Commercial and Industrial [Member] | Pass [Member]
Total	52,028	59,348
Commercial and Industrial [Member] | Special Mention [Member]
Total	618	518
Commercial and Industrial [Member] | Substandard [Member]
Total	5,293	1,177
Commercial and Industrial [Member] | Doubtful [Member]
Total	80
Commercial and Industrial [Member] | Loss [Member]
Total
Government Sector [Member]
Total	16,388	22,567
Government Sector [Member] | Pass [Member]
Total	16,388	22,367
Government Sector [Member] | Special Mention [Member]
Total		200
Government Sector [Member] | Substandard [Member]
Total
Government Sector [Member] | Doubtful [Member]
Total
Government Sector [Member] | Loss [Member]
Total
Agriculture loans [Member]
Total	20,804	20,512
Agriculture loans [Member] | Pass [Member]
Total	18,530	19,487
Agriculture loans [Member] | Special Mention [Member]
Total	939	453
Agriculture loans [Member] | Substandard [Member]
Total	1,335	572
Agriculture loans [Member] | Doubtful [Member]
Total
Agriculture loans [Member] | Loss [Member]
Total
Commercial mortgages [Member]
Total	120,212	101,419
Commercial mortgages [Member] | Pass [Member]
Total	117,875	99,013
Commercial mortgages [Member] | Special Mention [Member]
Total	827	176
Commercial mortgages [Member] | Substandard [Member]
Total	1,510	2,230
Commercial mortgages [Member] | Doubtful [Member]
Total
Commercial mortgages [Member] | Loss [Member]
Total

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Credit Risk Profile by Payment Performance) (Details) - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018
Gross loans prior to deferred costs and allowance for loan losses		$ 751,670	$ 692,477
Consumer Borrower [Member]
Gross loans prior to deferred costs and allowance for loan losses		344,671	302,918
Home Equity Loan [Member]
Gross loans prior to deferred costs and allowance for loan losses	[1]	9,770	10,271
Consumer Home Equity Lines of Credit [Member]
Gross loans prior to deferred costs and allowance for loan losses	[1]	70,809	64,413
1-4 Family Residential Mortgages [Member]
Gross loans prior to deferred costs and allowance for loan losses		258,676	219,037
Consumer [Member]
Gross loans prior to deferred costs and allowance for loan losses		5,416	9,197
Performing [Member]
Gross loans prior to deferred costs and allowance for loan losses		343,263	302,521
Performing [Member] | Home Equity Loan [Member]
Gross loans prior to deferred costs and allowance for loan losses		9,678	10,271
Performing [Member] | Consumer Home Equity Lines of Credit [Member]
Gross loans prior to deferred costs and allowance for loan losses		70,799	64,413
Performing [Member] | 1-4 Family Residential Mortgages [Member]
Gross loans prior to deferred costs and allowance for loan losses		257,374	218,641
Performing [Member] | Consumer [Member]
Gross loans prior to deferred costs and allowance for loan losses		5,412	9,196
Nonperforming [Member]
Gross loans prior to deferred costs and allowance for loan losses		1,408	397
Nonperforming [Member] | Home Equity Loan [Member]
Gross loans prior to deferred costs and allowance for loan losses		92
Nonperforming [Member] | Consumer Home Equity Lines of Credit [Member]
Gross loans prior to deferred costs and allowance for loan losses		10
Nonperforming [Member] | 1-4 Family Residential Mortgages [Member]
Gross loans prior to deferred costs and allowance for loan losses		1,302	396
Nonperforming [Member] | Consumer [Member]
Gross loans prior to deferred costs and allowance for loan losses		$ 4	$ 1
[1]	Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $154,577,000 and $126,916,000 as of December 31, 2019, and 2018, respectively.

LOANS AND ALLOWANCE FOR LOAN _7

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Aging of Loans Receivable) (Details) - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Past Due [Line Items]
Total Past Due		$ 6,812	$ 2,791
Current		744,858	689,686
Total Loans Receivable		751,670	692,477
Loans Receivable - Greater than 90 Days and Accruing		821	397
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		3,395	1,090
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		173	251
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		3,244	1,450
Home Equity Loan [Member]
Financing Receivable, Past Due [Line Items]
Total Loans Receivable	[1]	9,770	10,271
Consumer Home Equity Lines of Credit [Member]
Financing Receivable, Past Due [Line Items]
Total Loans Receivable	[1]	70,809	64,413
Commercial Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Total Loans Receivable		311,788	285,437
Commercial Real Estate [Member] | Construction Loans [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Current		16,209	18,092
Total Loans Receivable		16,209	18,092
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, 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, 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, Past Due [Line Items]
Total Past Due
Commercial Real Estate [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		228	237
Current		119,984	101,182
Total Loans Receivable		120,212	101,419
Loans Receivable - Greater than 90 Days and Accruing
Commercial Real Estate [Member] | Commercial and Industrial [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial Real Estate [Member] | Commercial and Industrial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial Real Estate [Member] | Commercial and Industrial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		228	237
Commercial Real Estate [Member] | Agriculture mortgages loans [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		2,032	1,142
Current		173,335	164,784
Total Loans Receivable		175,367	165,926
Loans Receivable - Greater than 90 Days and Accruing
Commercial Real Estate [Member] | Agriculture mortgages loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		962	326
Commercial Real Estate [Member] | Agriculture mortgages loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial Real Estate [Member] | Agriculture mortgages loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		1,070	816
Residential Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Loans Receivable	[1]	339,255	293,721
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		3,717	1,052
Current		254,959	217,985
Total Loans Receivable	[1]	258,676	219,037
Loans Receivable - Greater than 90 Days and Accruing		807	396
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		2,254	455
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		161	201
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		1,302	396
Residential Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		144	97
Current		9,626	10,174
Total Loans Receivable		9,770	10,271
Loans Receivable - Greater than 90 Days and Accruing
Residential Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		52	62
Residential Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due			35
Residential Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		92
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		53	95
Current		70,756	64,318
Total Loans Receivable		70,809	64,413
Loans Receivable - Greater than 90 Days and Accruing		10
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		43	95
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, 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, Past Due [Line Items]
Total Past Due		10
Commercial mortgages [Member]
Financing Receivable, Past Due [Line Items]
Total Loans Receivable		95,211	104,122
Commercial mortgages [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		606	24
Current		57,413	61,019
Total Loans Receivable		58,019	61,043
Loans Receivable - Greater than 90 Days and Accruing
Commercial mortgages [Member] | Commercial and Industrial [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		68	24
Commercial mortgages [Member] | Commercial and Industrial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial mortgages [Member] | Commercial and Industrial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		538
Commercial mortgages [Member] | Agriculture mortgages loans [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		2	118
Current		20,802	20,394
Total Loans Receivable		20,804	20,512
Loans Receivable - Greater than 90 Days and Accruing
Commercial mortgages [Member] | Agriculture mortgages loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		2	118
Commercial mortgages [Member] | Agriculture mortgages loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial mortgages [Member] | Agriculture mortgages loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial mortgages [Member] | Government Sector [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Current		16,388	22,567
Total Loans Receivable		16,388	22,567
Loans Receivable - Greater than 90 Days and Accruing
Commercial mortgages [Member] | Government Sector [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial mortgages [Member] | Government Sector [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial mortgages [Member] | Government Sector [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Consumer [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		30	26
Current		5,386	9,171
Total Loans Receivable		5,416	9,197
Loans Receivable - Greater than 90 Days and Accruing		4	1
Consumer [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		14	10
Consumer [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		12	15
Consumer [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due		$ 4	$ 1
[1]	Real estate loans serviced for others, which are not included in the Consolidated Balance Sheets, totaled $154,577,000 and $126,916,000 as of December 31, 2019, and 2018, respectively.

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Nonaccrual Loans by Class) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Past Due [Line Items]
Non-accrual Loans	$ 2,423	$ 1,833
Commercial Real Estate [Member] | Construction Loans [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans	495
Residential Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans	92
Residential Portfolio Segment [Member] | Consumer Home Equity Lines of Credit [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans
Consumer [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans
Commercial and Industrial [Member] | Commercial Real Estate [Member] | Real Estate Loan [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans	228	1,017
Commercial and Industrial [Member] | Commercial mortgages [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans	538
Agriculture mortgages loans [Member] | Commercial Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans	1,070	816
Agriculture mortgages loans [Member] | Commercial mortgages [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans
Government Sector [Member] | Commercial mortgages [Member]
Financing Receivable, Past Due [Line Items]
Non-accrual Loans

LOANS AND ALLOWANCE FOR LOAN _9

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Impaired Loans by Loan Portfolio Class) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Loans with no related allowance recorded:
Recorded Investment	$ 2,636	$ 2,062
Unpaid Principal Balance	2,693	2,593
Average Recorded Investment	2,762	1,459
Interest Income Recognized	43	45
Loans with an allowance recorded:
Recorded Investment	1,348	647
Unpaid Principal Balance	1,367	694
Related Allowance	189	132
Average Recorded Investment	1,114	608
Interest Income Recognized		6
Total impaired loans
Recorded Investment	3,983	2,709
Unpaid Principal Balance	4,060	3,287
Average Recorded Investment	3,876	2,067
Interest Income Recognized	43	51
Commercial Real Estate [Member]
Loans with no related allowance recorded:
Recorded Investment	2,636	2,062
Unpaid Principal Balance	2,693	2,593
Average Recorded Investment	2,762	1,459
Interest Income Recognized	43	45
Loans with an allowance recorded:
Recorded Investment	810	647
Unpaid Principal Balance	818	694
Related Allowance	109	132
Average Recorded Investment	853	484
Interest Income Recognized
Total impaired loans
Recorded Investment	3,445	2,709
Unpaid Principal Balance	3,511	3,287
Average Recorded Investment	3,615	1,943
Interest Income Recognized	43	45
Commercial Real Estate [Member] | Agriculture mortgages loans [Member]
Loans with no related allowance recorded:
Recorded Investment	1,912	1,692
Unpaid Principal Balance	1,928	1,692
Average Recorded Investment	1,903	1,063
Interest Income Recognized	43	45
Loans with an allowance recorded:
Recorded Investment	718
Unpaid Principal Balance	718
Related Allowance	60
Average Recorded Investment	760
Interest Income Recognized
Total impaired loans
Recorded Investment	2,630	1,692
Unpaid Principal Balance	2,646	1,692
Average Recorded Investment	2,663	1,063
Interest Income Recognized	43	45
Commercial Real Estate [Member] | Commercial mortgages [Member]
Loans with no related allowance recorded:
Recorded Investment	724	370
Unpaid Principal Balance	765	901
Average Recorded Investment	859	396
Interest Income Recognized
Loans with an allowance recorded:
Recorded Investment	92	647
Unpaid Principal Balance	100	694
Related Allowance	49	132
Average Recorded Investment	93	484
Interest Income Recognized
Total impaired loans
Recorded Investment	815	1,017
Unpaid Principal Balance	865	1,595
Average Recorded Investment	952	880
Interest Income Recognized
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
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
Loans with an allowance recorded:
Recorded Investment	538
Unpaid Principal Balance	549
Related Allowance	80
Average Recorded Investment	261
Interest Income Recognized
Total impaired loans
Recorded Investment	538
Unpaid Principal Balance	549
Average Recorded Investment	261
Interest Income Recognized
Commercial and Industrial [Member] | Agriculture mortgages 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		124
Interest Income Recognized		6
Total impaired loans
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment		124
Interest Income Recognized		6
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_10

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Schedule of Allowance for Credit Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Allowance for credit losses:
Beginning balance	$ 8,666	$ 8,240
Charge-offs	(211)	(380)
Recoveries	222	146
Provision (credit)	770	660
Ending balance	9,447	8,666
Ending balance: Individually evaluated for impairment	189	132
Ending balance: Collectively evaluated for impairment	9,258	8,534
Loans receivable:
Total Loans Receivable	751,670	692,477
Ending balance: Individually evaluated for impairment	3,983	2,709
Ending balance: Collectively evaluated for impairment	747,687	689,768
Commercial Real Estate [Member]
Allowance for credit losses:
Beginning balance	4,296	3,863
Charge-offs	(122)	(223)
Recoveries	170	72
Provision (credit)	(25)	584
Ending balance	4,319	4,296
Ending balance: Individually evaluated for impairment	109	132
Ending balance: Collectively evaluated for impairment	4,210	4,164
Loans receivable:
Total Loans Receivable	311,788	285,437
Ending balance: Individually evaluated for impairment	3,445	2,709
Ending balance: Collectively evaluated for impairment	308,343	282,728
Consumer Real Estate [Member]
Allowance for credit losses:
Beginning balance	2,408	2,052
Charge-offs		(20)
Recoveries	1
Provision (credit)	446	376
Ending balance	2,855	2,408
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	2,855	2,408
Loans receivable:
Total Loans Receivable	339,255	293,721
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	339,255	293,721
Commercial and Industrial [Member]
Allowance for credit losses:
Beginning balance	1,428	1,829
Charge-offs	(63)	(110)
Recoveries	48	66
Provision (credit)	371	(357)
Ending balance	1,784	1,428
Ending balance: Individually evaluated for impairment	80
Ending balance: Collectively evaluated for impairment	1,704	1,428
Loans receivable:
Total Loans Receivable	95,211	104,122
Ending balance: Individually evaluated for impairment	538
Ending balance: Collectively evaluated for impairment	94,673	104,122
Consumer [Member]
Allowance for credit losses:
Beginning balance	103	98
Charge-offs	(26)	(27)
Recoveries	3	8
Provision (credit)	(39)	24
Ending balance	41	103
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	41	103
Loans receivable:
Total Loans Receivable	5,416	9,197
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	5,416	9,197
Unallocated [Member]
Allowance for credit losses:
Beginning balance	431	398
Charge-offs
Recoveries
Provision (credit)	17	33
Ending balance	448	431
Ending balance: Individually evaluated for impairment
Ending balance: Collectively evaluated for impairment	$ 448	$ 431

PREMISES AND EQUIPMENT (Narrati

PREMISES AND EQUIPMENT (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Depreciation	$ 1,446,000	$ 1,456,000

PREMISES AND EQUIPMENT (Schedul

PREMISES AND EQUIPMENT (Schedule of Premises and Equipment and Accumulated Depreciation) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Premises and equipment, gross	$ 49,997	$ 49,070
Less accumulated depreciation	(24,964)	(23,519)
Premises and equipment, net	25,033	25,551
Land [Member]
Premises and equipment, gross	5,043	5,043
Buildings and improvements [Member]
Premises and equipment, gross	29,610	29,302
Furniture and Equipment [Member]
Premises and equipment, gross	15,240	14,592
Construction in Progress [Member]
Premises and equipment, gross	$ 104	$ 133

REGULATORY STOCK (Narrative) (D

REGULATORY STOCK (Narrative) (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Federal Home Loan Bank Stock and Federal Reserve Bank Stock [Abstract]
Federal Home Loan Bank Stock	$ 7,103,000	$ 6,160,000
Federal Reserve Bank Stock	151,000
Atlantic Community Bankers' Bank Stock	$ 37,000
Federal Home Loan Bank quarterly dividend yield, annualized on activity stock	7.75%
Federal Home Loan Bank quarterly dividend yield, annualized on membership stock	4.50%

DEPOSITS (Schedule of Deposits

DEPOSITS (Schedule of Deposits by Major Classification) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Deposits:
Non-interest bearing demand	$ 363,857	$ 369,081
Interest-bearing demand	25,171	20,104
NOW accounts	96,941	89,072
Money market deposit accounts	141,649	108,594
Savings accounts	211,285	199,665
Time deposits under $250,000	126,796	127,300
Time deposits of $250,000 or more	8,389	5,918
Total deposits	$ 974,088	$ 919,734

DEPOSITS (Schedule of Maturitie

DEPOSITS (Schedule of Maturities of Time Deposits) (Details) $ in Thousands	Dec. 31, 2019USD ($)
Maturities of time deposits
2020	$ 73,544
2021	24,350
2022	11,404
2023	10,027
2024	15,860
Total	$ 135,185

SHORT TERM BORROWINGS (Narrativ

SHORT TERM BORROWINGS (Narrative) (Details) $ in Millions	Dec. 31, 2019USD ($)
Federal Fund Lines [Member]
Amount of borrowings available	$ 32
FRB Discount Window [Member]
Amount of borrowings available	$ 24.9

SHORT TERM BORROWINGS (Schedule

SHORT TERM BORROWINGS (Schedule of Short-Term Borrowings) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Total short-term borrowings outstanding at year end	$ 200	$ 7,870
Short-term Borrowings [Member]
Average interest rate at year end	1.95%	2.60%
Maximum outstanding at any month end	$ 7,747	$ 17,322
Average amount outstanding for the year	$ 1,890	$ 5,332
Weighted-average interest rate for the year	2.55%	1.88%

OTHER BORROWED FUNDS (Narrative

OTHER BORROWED FUNDS (Narrative) (Details) - Federal Home Loan Bank Advances [Member] $ in Millions	Dec. 31, 2019USD ($)
Maximum borrowing capacity	$ 455.6
Amount available to be borrowed	$ 388.1

OTHER BORROWED FUNDS (Schedule

OTHER BORROWED FUNDS (Schedule of Maturities of other borrowings) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Federal Home Loan bank Advances
Federal Home Loan Bank Advances	$ 77,872	$ 65,386
Weighted- Average Rate %	2.02%	1.87%
FHLB Fixed Rate Loans 1 [Member]
Federal Home Loan bank Advances
Maturity Year	2019	2019
Federal Home Loan Bank Advances
Weighted- Average Rate %
FHLB Fixed Rate Loans 2 [Member]
Federal Home Loan bank Advances
Maturity Year	2020	2020
Federal Home Loan Bank Advances	$ 16,340	$ 12,237
Weighted- Average Rate %	1.85%	1.53%
FHLB Fixed Rate Loans 3 [Member]
Federal Home Loan bank Advances
Maturity Year	2021	2021
Federal Home Loan Bank Advances	$ 14,505	$ 16,340
Weighted- Average Rate %	1.72%	1.85%
FHLB Fixed Rate Loans 4 [Member]
Federal Home Loan bank Advances
Maturity Year	2022	2022
Federal Home Loan Bank Advances	$ 15,804	$ 14,505
Weighted- Average Rate %	1.84%	1.72%
FHLB Fixed Rate Loans 5 [Member]
Federal Home Loan bank Advances
Maturity Year	2023	2023
Federal Home Loan Bank Advances	$ 13,816	$ 15,804
Weighted- Average Rate %	2.77%	1.84%
FHLB Fixed Rate Loans 6 [Member]
Federal Home Loan bank Advances
Maturity Year	2024	2024
Federal Home Loan Bank Advances	$ 17,407	$ 6,500
Weighted- Average Rate %	2.02%	2.93%

CAPITAL TRANSACTIONS (Details)

CAPITAL TRANSACTIONS (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended		156 Months Ended	204 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2019	Jun. 28, 2019	Feb. 20, 2019
Class of Stock Disclosures [Abstract]
Stock buyback plan authorized					200,000	100,000
Weighted-average cost per share of shares repurchased	$ 20.28
Repurchased shares	77,266
Repurchased shares, value	$ 1,567,000
Share discount via stock purchase plan	10.00%		10.00%	10.00%
Treasury stock issued, shares	31,744	31,218
Shares issued under Employee Stock Purchase Plan (ESPP)	17,421	16,538		235,264
Shares issued under Dividend Reinvestment Plan (DRP)	12,783	12,654	204,453
Shares issued under Directors' Stock Purchase Plan	1,540	2,026		36,038
Treasury shares	98,372	17,025	98,372	98,372
Weighted-average cost per share of treasury stock	$ 19.44		$ 19.44	$ 19.44
Cost basis of treasury shares	$ 1,912,000		$ 1,912,000	$ 1,912,000

RETIREMENT PLANS (Details)

RETIREMENT PLANS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
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	1000
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] | Lower Range [Member]
Defined Contribution Plan Disclosure [Line Items]
Employee contribution	2.00%
Non-Elective contribution [Member] | 401(K) Plan [Member] | Upper Range [Member]
Defined Contribution Plan Disclosure [Line Items]
Employee contribution	3.00%
Pension [Member]
Defined Contribution Plan Disclosure [Line Items]
Covered compensation limit of the defined contribution pension plan	$ 280,000	$ 275,000
Expenses recognized for defined contribution plans	692,000	620,000
401(k) Plan [Member]
Defined Contribution Plan Disclosure [Line Items]
Expenses recognized for defined contribution plans	$ 363,000	345,000
Contribution, percentage	2.50%
Eligiblity of employees compensation	an eligible employee’s compensation, at $0.50 for every $1.00
Employee contribution	5.00%
401(k) Plan [Member] | Participants Under Age 50 [Member]
Defined Contribution Plan Disclosure [Line Items]
Maximum contribution to plans	$ 19,000	18,500
401(k) Plan [Member] | Participants Over Age 50 [Member]
Defined Contribution Plan Disclosure [Line Items]
Maximum contribution to plans	$ 25,000	$ 24,500

DEFERRED COMPENSATION (Details)

DEFERRED COMPENSATION (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Deferred Compensation Arrangements [Abstract]
Life insurance policies, aggregate face amount	$ 3,409,000	$ 3,409,000
Death benefits of life insurance policies	6,768,000	6,691,000
Cash surrender value of life insurance policies	4,980,000	4,873,000
Net present value of deferred life insurance payments	0	$ 0
Discount rate used in net present value calculation		4.50%
Deferred compensation expense	$ 0	$ 2,000

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Alternative minimum tax credits		$ 1,230,000	$ 1,230,000
Income tax liability overpayment	$ 674,000
Corporation federal income tax rate	21.00%	21.00%	34.00%

INCOME TAXES (Schedule of Incom

INCOME TAXES (Schedule of Income Tax Reconciliation) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income tax at statutory rate									$ 2,839	$ 2,322
Tax-exempt interest income									(650)	(743)
Non-deductible interest expense									56	47
Bank-owned life insurance									(153)	(344)
Other									34	24
Income tax expense	$ 530	$ 550	$ 584	$ 462	$ 346	$ 425	$ 300	$ 235	$ 2,126	$ 1,306
Income tax at statutory rate, rate									21.00%	21.00%	34.00%
Tax-exempt interest income, rate									(4.80%)	(6.70%)
Non-deductible interest expense, rate									0.40%	0.40%
Bank-owned life insurance, rate									(1.10%)	(3.10%)
Other, rate									0.20%	0.20%
Income tax expense, rate									15.70%	11.80%

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, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Current tax expense									$ 2,412	$ (46)
Deferred tax expense (benefit)									(286)	1,352
Income tax expense	$ 530	$ 550	$ 584	$ 462	$ 346	$ 425	$ 300	$ 235	$ 2,126	$ 1,306

INCOME TAXES (Schedule of Com_2

INCOME TAXES (Schedule of Components of Corporation's Net Deferred Tax Position) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets
Allowance for loan losses	$ 1,984	$ 1,820
Net unrealized holding losses on securities available for sale		1,523
Allowance for off-balance sheet extensions of credit	92	70
Interest on non-accrual loans	9	7
Other	75	53
Total deferred tax assets	2,160	3,473
Deferred tax liabilities
Premises and equipment	(993)	(1,006)
Net unrealized holding losses on securities available for sale	(426)
Discount on investment securities	(9)	(2)
Other	(128)	(198)
Total deferred tax liabilities	(1,556)	(1,206)
Net deferred tax assets	$ 604	$ 2,267

REGULATORY MATTERS AND RESTRI_3

REGULATORY MATTERS AND RESTRICTIONS (Narrative) (Details) $ in Millions	Dec. 31, 2019USD ($)
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Retained net profits available to pay dividends	$ 13.1

REGULATORY MATTERS AND RESTRI_4

REGULATORY MATTERS AND RESTRICTIONS (Schedule of Retained Net Profits Available to Pay Dividends) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Bank [Member]
Total Capital
Total Capital	$ 123,346	$ 115,988
Total Capital (to risk-weighted assets) ratio	14.40%	14.10%
Amount of capital for adequacy purposes	$ 68,688	$ 65,680
Amount of capital for adequacy purposes, ratio	8.00%	8.00%
To be well-capitalized	$ 85,860	$ 82,100
To be well-capitalized, ratio	10.00%	10.00%
Tier 1 Capital (to risk-weighted assets)
Tier 1 Capital	$ 113,463	$ 106,989
Tier 1 Capital (to risk-weighted assets) ratio	13.20%	13.00%
Amount of Tier 1 Capital for adequacy purposes	$ 51,516	$ 49,260
Amount of Tier 1 Capital for adequacy purposes, ratio	6.00%	6.00%
Tier 1 Capital to be well-capitalized	$ 68,688	$ 65,680
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	$ 113,463	$ 106,989
Common Equity Tier I Capital ratio	13.20%	13.00%
Amount of Common Equity Tier 1 Capital for adequacy purposes	$ 38,637	$ 36,945
Amount of Common Equity Tier 1 Capital for adequacy purposes, ratio	4.50%	4.50%
Common Equity Tier 1 Capital to be well-capitalized	$ 55,809	$ 53,365
Common Equity Tier 1 Capital to be well-capitalized, ratio	6.50%	6.50%
Tier 1 Leverage Capital (to average assets)
Tier 1 Capital	$ 113,463	$ 106,989
Tier 1 Capital (to average assets) ratio	9.80%	9.80%
Amount of Tier 1 Capital for adequacy purposes	$ 46,271	$ 43,519
Amount of Tier 1 Capital for adequacy purposes, ratio	4.00%	4.00%
Tier 1 Capital to be well-capitalized	$ 57,839	$ 54,398
Tier 1 Capital to be well-capitalized, ratio	5.00%	5.00%
Consolidated [Member]
Total Capital
Total Capital	$ 124,970	$ 117,479
Total Capital (to risk-weighted assets) ratio	14.50%	14.30%
Amount of capital for adequacy purposes	$ 68,740	$ 65,730
Amount of capital for adequacy purposes, ratio	8.00%	8.00%
To be well-capitalized	$ 85,925	$ 82,163
To be well-capitalized, ratio	10.00%	10.00%
Tier 1 Capital (to risk-weighted assets)
Tier 1 Capital	$ 115,087	$ 108,480
Tier 1 Capital (to risk-weighted assets) ratio	13.40%	13.20%
Amount of Tier 1 Capital for adequacy purposes	$ 51,555	$ 49,298
Amount of Tier 1 Capital for adequacy purposes, ratio	6.00%	6.00%
Tier 1 Capital to be well-capitalized	$ 68,740	$ 65,730
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	$ 115,087	$ 108,480
Common Equity Tier I Capital ratio	13.40%	13.20%
Amount of Common Equity Tier 1 Capital for adequacy purposes	$ 38,666	$ 36,973
Amount of Common Equity Tier 1 Capital for adequacy purposes, ratio	4.50%	4.50%
Common Equity Tier 1 Capital to be well-capitalized	$ 55,851	$ 53,406
Common Equity Tier 1 Capital to be well-capitalized, ratio	6.50%	6.50%
Tier 1 Leverage Capital (to average assets)
Tier 1 Capital	$ 113,463	$ 108,480
Tier 1 Capital (to average assets) ratio	9.80%	10.00%
Amount of Tier 1 Capital for adequacy purposes	$ 46,271	$ 43,519
Amount of Tier 1 Capital for adequacy purposes, ratio	4.00%	4.00%
Tier 1 Capital to be well-capitalized	$ 57,839	$ 54,398
Tier 1 Capital to be well-capitalized, ratio	5.00%	5.00%

TRANSACTIONS WITH DIRECTORS A_3

TRANSACTIONS WITH DIRECTORS AND OFFICERS (Narrative) (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Related Party Transactions [Abstract]
Related party deposit liabilities	$ 1,019,000	$ 3,102,000

TRANSACTIONS WITH DIRECTORS A_4

TRANSACTIONS WITH DIRECTORS AND OFFICERS (Schedule of Related Party Loans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Loans to Insiders
Beginning Balance	$ 5,169	$ 5,669
Advances	140	2,935
Repayments	(136)	(3,435)
Other Changes	(4,533)
Ending Balance	$ 640	$ 5,169

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Commitment to extend credit	$ 334.1	$ 284
Loan Commitments [Member]
Commitment to extend credit	62.2	40
Line of Credit [Member]
Commitment to extend credit	263.2	235.3
Open Letter of Credit [Member]
Commitment to extend credit	$ 8.7	$ 8.7

FINANCIAL INSTRUMENTS WITH CO_2

FINANCIAL INSTRUMENTS WITH CONCENTRATIONS OF CREDIT RISK (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Loans receivable:
Legal Lending Limit	$ 18,502,000	$ 17,398,000
Legal Lending Limit, percent	15.00%
Policy Lending Limit	$ 13,876,000	13,049,000
Policy Lending Limit, percent	75.00%
Gross loans prior to deferred costs and allowance for loan losses	$ 751,670,000	692,477,000
Securities Available for sale:
Gross Amortized Cost	306,070,000	$ 301,252,000
Commercial and Industrial Tax Free Loans [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 16,400,000
Commercial and Industrial Tax Free Loans [Member] | Credit concentration risk [Member]
Loans receivable:
Concentration risk (as a percentage)	2.20%
Total Commercial and Industrial [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 95,200,000
NAICS Dairy Cattle and Milk Production Loans [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 90,300,000
NAICS Dairy Cattle and Milk Production Loans [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	12.00%
NAICS Non-Residential Real Estate Investment Loans [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 58,100,000
NAICS Non-Residential Real Estate Investment Loans [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	7.70%
Broilers and other chicken production loans [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 48,600,000
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)	23.30%	24.00%
Commercial Real Estate [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 311,800,000
Commercial Real Estate [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	41.50%
Total Consumer Real Estate [Member]
Loans receivable:
Gross loans prior to deferred costs and allowance for loan losses	$ 339,300,000	$ 293,700,000
Total Consumer Real Estate [Member] | Credit concentration risk [Member] | Loan [Member]
Loans receivable:
Concentration risk (as a percentage)	45.10%	42.40%
Obligations of States and Political Subdivisions - States of Texas [Member]
Securities Available for sale:
Gross Amortized Cost	$ 13,000,000
Concentration Risk Percentage, as compared to total debt securities	14.70%
Concentration Risk Percentage, as compared to total municipal securities portfolio	4.20%
Obligations of States and Political Subdivisions - State of Texas [Member]
Securities Available for sale:
Gross Amortized Cost	$ 14,200,000
Concentration Risk Percentage, as compared to total debt securities	16.00%
Concentration Risk Percentage, as compared to total municipal securities portfolio	4.60%
Obligations of states and political subdivisions - State of Pennsylvania [Member]
Securities Available for sale:
Gross Amortized Cost	$ 19,700,000
Concentration Risk Percentage, as compared to total debt securities	22.30%
Concentration Risk Percentage, as compared to total municipal securities portfolio	6.40%
Energy companies [Member] | Non-Financial Commercial Paper [Member] | Corporate Bonds [Member]
Securities Available for sale:
Gross Amortized Cost	$ 5,100,000
Corporate Bonds [Member]
Securities Available for sale:
Gross Amortized Cost	$ 54,604,000	$ 61,085,000
Concentration Risk Percentage, as compared to total debt securities	17.80%
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member]
Securities Available for sale:
Gross Amortized Cost	$ 13,700,000
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member] | Real Estate Companies [Member]
Securities Available for sale:
Gross Amortized Cost	2,000,000
Corporate Bonds [Member] | Non-Financial Commercial Paper [Member] | Healthcare [Member]
Securities Available for sale:
Gross Amortized Cost	2,600,000
Corporate Bonds [Member] | Financial and Brokerage Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	$ 40,900,000
Concentration Risk Percentage, as compared to total corporate bond securities	74.90%
Corporate Bonds [Member] | Domestic Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	$ 33,500,000
Corporate Bonds [Member] | Domestic Issuers [Member] | Financial and Brokerage Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	21,100,000
Corporate Bonds [Member] | Foreign Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	21,100,000
Corporate Bonds [Member] | Foreign Issuers [Member] | Financial and Brokerage Issuers [Member]
Securities Available for sale:
Gross Amortized Cost	19,800,000
Commercial Paper - Brokerage [Member] | Domestic Issuers [Member] | Financial and Brokerage Issuers [Member] | Corporate Bonds [Member]
Securities Available for sale:
Gross Amortized Cost	5,600,000
Commercial Paper - Bank Debt [Member] | Domestic Issuers [Member] | Financial and Brokerage Issuers [Member] | Corporate Bonds [Member]
Securities Available for sale:
Gross Amortized Cost	14,200,000
Commercial Paper [Member] | Foreign Issuers [Member] | Financial and Brokerage Issuers [Member] | Corporate Bonds [Member]
Securities Available for sale:
Gross Amortized Cost	$ 21,100,000
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%
Insurance Companies [Member] | Non-Financial Commercial Paper [Member] | Corporate Bonds [Member]
Securities Available for sale:
Gross Amortized Cost	$ 2,000,000
Biotechnology [Member] | Non-Financial Commercial Paper [Member] | Corporate Bonds [Member]
Securities Available for sale:
Gross Amortized Cost	$ 2,000,000

LEASES (Schedule of ROU Assets

LEASES (Schedule of ROU Assets and Lease Liabilities) (Details)	Dec. 31, 2019USD ($)
Lease Right-of-Use Assets
Operating lease right-of use assets	$ 908,000
Lease Liabilities
Operating lease liabilties	$ 916,000

LEASES (Schedule of Opreating L

LEASES (Schedule of Opreating Leases Weighted-Average Discount Term and Rate) (Details)	Dec. 31, 2019
Leases [Abstract]
Weighted-average remaining lease term Operating leases	5 years 3 months 19 days
Weighted-average discount rate Operating leases	3.09%

LEASES (Schedule of Maturities

LEASES (Schedule of Maturities of Operating Leases) (Details)	Dec. 31, 2019USD ($)
Twelve Months Ended:
December 31, 2020	$ 202,000
December 31, 2021	204,000
December 31, 2022	169,000
December 31, 2023	153,000
December 31, 2024	155,000
Thereafter	113,000
Total Future Minimum Lease Payments	996,000
Amounts Representing Interests	(80,000)
Present Value of Net Future Minimum Lease Payments	$ 916,000

FAIR VALUE MEASUREMENTS (Narrat

FAIR VALUE MEASUREMENTS (Narrative) (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities, market value	$ 6,708,000	$ 5,934,000
Impaired Financing Receivable, Recorded Investment	3,983,000	2,709,000
Related Allowance	189,000	132,000
CRA Investment Fund [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities, book value	6,071,000	5,410,000
Regulatory Bank Stock [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities, book value	614,000	591,000
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	$ 637,000	$ 524,000

FAIR VALUE MEASUREMENTS (Schedu

FAIR VALUE MEASUREMENTS (Schedule of Assets Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Recurring Fair Value Measurements
Securities available for sale (at fair value)	$ 308,097	$ 294,065
U.S. Government Agencies [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	32,624	30,120
U.S. Agency Mortgage-Backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	48,626	44,639
U.S. Agency Collateralized Mortgage Obligations [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	60,253	54,090
Asset-backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	23,262	11,399
Corporate Bonds [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	54,880	59,192
Obligations of States and Political Subdivisions [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	88,452	94,625
Total equity securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	6,708	5,934
Fair Value Measured on a Recurring Basis [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	314,805	299,999
Fair Value Measured on a Recurring Basis [Member] | U.S. Government Agencies [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	32,624	30,120
Fair Value Measured on a Recurring Basis [Member] | U.S. Agency Mortgage-Backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	48,626	44,639
Fair Value Measured on a Recurring Basis [Member] | U.S. Agency Collateralized Mortgage Obligations [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	60,253	54,090
Fair Value Measured on a Recurring Basis [Member] | Asset-backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	23,262	11,399
Fair Value Measured on a Recurring Basis [Member] | Corporate Bonds [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	54,880	59,192
Fair Value Measured on a Recurring Basis [Member] | Obligations of States and Political Subdivisions [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	88,452	94,625
Fair Value Measured on a Recurring Basis [Member] | Total equity securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	6,708	5,934
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)	6,708	5,934
Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member] | U.S. Government Agencies [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member] | U.S. Agency Mortgage-Backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member] | U.S. Agency Collateralized Mortgage Obligations [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member] | Asset-backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member] | Corporate Bonds [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member] | Obligations of States and Political Subdivisions [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member] | Total equity securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	6,708	5,934
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)	308,097	294,065
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member] | U.S. Government Agencies [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	32,624	30,120
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member] | U.S. Agency Mortgage-Backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	48,626	44,639
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member] | U.S. Agency Collateralized Mortgage Obligations [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	60,253	54,090
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member] | Asset-backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	23,262	11,399
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member] | Corporate Bonds [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	54,880	59,192
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member] | Obligations of States and Political Subdivisions [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)	88,452	94,625
Fair Value Measured on a Recurring Basis [Member] | Significant Other Observable Inputs (Level II) [Member] | Total equity securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
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 Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member] | U.S. Government Agencies [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member] | U.S. Agency Mortgage-Backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member] | U.S. Agency Collateralized Mortgage Obligations [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member] | Asset-backed Securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member] | Corporate Bonds [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member] | Obligations of States and Political Subdivisions [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)
Fair Value Measured on a Recurring Basis [Member] | Significant Unobservable Inputs (Level III) [Member] | Total equity securities [Member]
Recurring Fair Value Measurements
Securities available for sale (at fair value)

FAIR VALUE MEASUREMENTS (Sche_2

FAIR VALUE MEASUREMENTS (Schedule of Assets Measured on Nonrecurring Basis) (Details) - Fair Value Measured on a Nonrecurring Basis [Member] - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Non-Recurring Fair Value Measurements
Impaired Loans	$ 3,794	$ 2,577
Total Fair Value, non-recurring	3,794	2,577
Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Non-Recurring Fair Value Measurements
Impaired Loans
Total Fair Value, non-recurring
Significant Other Observable Inputs (Level II) [Member]
Non-Recurring Fair Value Measurements
Impaired Loans
Total Fair Value, non-recurring
Significant Unobservable Inputs (Level III) [Member]
Non-Recurring Fair Value Measurements
Impaired Loans	3,794	2,577
Total Fair Value, non-recurring	$ 3,794	$ 2,577

FAIR VALUE MEASUREMENTS (Sche_3

FAIR VALUE MEASUREMENTS (Schedule of Level III Inputs to Determine Fair Value) (Details) - Impaired Loans [Member] - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair Value, non-recurring		$ 3,794	$ 2,577
Valuation Techniques	[1]	Appraisal of collateral	Appraisal of collateral
Lower Range [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair Value, non-recurring		$ 3,794	$ 2,577
Unobservable inputs - Appraisal adjustments	[2]	(20.00%)	(20.00%)
Unobservable inputs - Liquidation expenses	[2]	(10.00%)	(10.00%)
Upper Range [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair Value, non-recurring		$ 3,794	$ 2,577
Unobservable inputs - Appraisal adjustments	[2]	0.00%	0.00%
Unobservable inputs - Liquidation expenses	[2]	0.00%	0.00%
Weighted Average [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair Value, non-recurring		$ 3,794	$ 2,577
Unobservable inputs - Appraisal adjustments	[2]	(20.00%)	(20.00%)
Unobservable inputs - Liquidation expenses	[2]	(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.
[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 _3

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Financial Assets:
Cash and cash equivalents	$ 41,053	$ 41,365	$ 53,073
Regulatory stock	7,291	6,348
Loans, net of allowance	744,171	685,407
Bank owned life insurance	28,818	28,085
Financial Liabilities:
Demand deposits	363,857	369,081
Interest-bearing demand deposits	25,171	20,104
NOW accounts	96,941	89,072
Money market deposit accounts	141,649	108,594
Savings accounts	211,285	199,665
Total deposits	974,088	919,734
Short-term borrowings	200	7,870
Long-term debt	77,872	65,386
Carrying Amount [Member]
Financial Assets:
Cash and cash equivalents	41,053	41,365
Regulatory stock	7,291	6,348
Loans held for sale	2,342	1,429
Loans, net of allowance	744,171	685,407
Mortgage servicing assets	892	905
Accrued interest receivable	3,768	3,754
Bank owned life insurance	28,818	28,085
Financial Liabilities:
Demand deposits	363,857	369,081
Interest-bearing demand deposits	25,171	20,104
NOW accounts	96,941	89,072
Money market deposit accounts	141,649	108,594
Savings accounts	211,285	199,665
Time deposits	135,185	133,218
Total deposits	974,088	919,734
Short-term borrowings	200	7,870
Long-term debt	77,872	65,386
Accrued interest payable	521	397
Fair Value [Member]
Financial Assets:
Cash and cash equivalents	41,053	41,365
Regulatory stock	7,291	6,348
Loans held for sale	2,342	1,429
Loans, net of allowance	759,011	687,844
Mortgage servicing assets	1,049	997
Accrued interest receivable	3,768	3,754
Bank owned life insurance	28,818	28,085
Financial Liabilities:
Demand deposits	363,857	369,081
Interest-bearing demand deposits	25,171	20,104
NOW accounts	96,941	89,072
Money market deposit accounts	141,649	108,594
Savings accounts	211,285	199,665
Time deposits	136,781	132,351
Total deposits	975,684	918,867
Short-term borrowings	200	7,870
Long-term debt	76,825	65,286
Accrued interest payable	521	397
Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level I) [Member]
Financial Assets:
Cash and cash equivalents	41,053	41,365
Regulatory stock	7,291	6,348
Loans held for sale	2,342	1,429
Loans, net of allowance
Mortgage servicing assets
Accrued interest receivable	3,768	3,754
Bank owned life insurance	28,818	28,085
Financial Liabilities:
Demand deposits	363,857	369,081
Interest-bearing demand deposits	25,171	20,104
NOW accounts	96,941	89,072
Money market deposit accounts	141,649	108,594
Savings accounts	211,285	199,665
Time deposits
Total deposits	838,903	786,516
Short-term borrowings	200	7,870
Long-term debt
Accrued interest payable	521	397
Fair Value [Member] | Significant Other Observable Inputs (Level II) [Member]
Financial Assets:
Cash and cash equivalents
Regulatory stock
Loans held for sale
Loans, net of allowance
Mortgage servicing assets
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
Regulatory stock
Loans held for sale
Loans, net of allowance	759,011	687,844
Mortgage servicing assets	1,049	997
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	136,781	132,351
Total deposits	136,781	132,351
Short-term borrowings
Long-term debt	76,825	65,286
Accrued interest payable

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Schedule of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning		$ 102,802	$ 99,759
Other comprehensive income (loss), net of tax		7,278	(1,849)
Balance, ending		116,688	102,802
Unrealized Gain (Losses) on Securities AFS [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning	[1],[2]	(5,678)	(3,195)
Other comprehensive income before reclassifications	[1],[2]	7,603	(2,075)
Amount reclassified from accumulated other comprehensive loss	[1],[2]	(325)	226
Reclassification of certain in come tax effect from accumulated other comprehensive income (loss)	[1],[2]		(634)
Other comprehensive income (loss), net of tax	[1],[2]	7,278	(2,483)
Balance, ending	[1],[2]	$ 1,600	$ (5,678)
[1]	All amounts are net of tax. Related income tax expense or benefit is calculated using a Federal income tax rate of 21%.
[2]	Amounts in parentheses indicate debits.

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Schedule of Amounts Reclassified from AOCI) (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gains (losses) on debt securities, net										$ 88	$ (5)
Provision for federal income taxes		$ (530)	$ (550)	$ (584)	$ (462)	$ (346)	$ (425)	$ (300)	$ (235)	(2,126)	(1,306)
Reclassifications for the period		$ 2,779	$ 2,924	$ 3,089	$ 2,603	$ 2,225	$ 2,577	$ 2,126	$ 2,821	11,395	9,749
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassifications for the period	[1]									325	(226)
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 (losses) on debt securities, net	[1]									411	(286)
Provision for federal income taxes	[1]									(86)	60
Reclassifications for the period	[1]									$ 325	$ (226)
[1]	Amounts in parentheses indicate debits.

CONDENSED PARENT ONLY DATA (Con

CONDENSED PARENT ONLY DATA (Condensed Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash	$ 41,053	$ 41,365	$ 53,073
Equity securities	308,097	294,065
Other assets	8,237	9,658
Total assets	1,171,750	1,097,842
Stockholders' Equity:
Capital stock	574	574
Capital surplus	4,482	4,435
Retained earnings	111,944	104,067
Accumulated other comprehensive income (loss), net of tax	1,600	(5,678)
Treasury stock	(1,912)	(596)
Total stockholders' equity	116,688	102,802	99,759
Parent Company [Member]
ASSETS
Cash	870	861	$ 1,187
Equity securities	637	524
Equity in bank subsidiary	115,064	101,311
Other assets	117	106
Total assets	116,688	102,802
Stockholders' Equity:
Capital stock	574	574
Capital surplus	4,482	4,435
Retained earnings	111,944	104,067
Accumulated other comprehensive income (loss), net of tax	1,600	(5,678)
Treasury stock	(1,912)	(596)
Total stockholders' equity	$ 116,688	$ 102,802

CONDENSED PARENT ONLY DATA (C_2

CONDENSED PARENT ONLY DATA (Condensed Statements of Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Income
Gains (losses) on securities transactions									$ 88	$ (5)
Dividend income									717	575
Expense
Other expenses									2,522	2,613
Total expenses	$ 9,006	$ 8,128	$ 8,217	$ 8,282	$ 8,324	$ 8,071	$ 8,167	$ 7,884	33,633	32,446
Net income	$ 2,779	$ 2,924	$ 3,089	$ 2,603	$ 2,225	$ 2,577	$ 2,126	$ 2,821	11,395	9,749
Comprehensive Income									18,673	7,900
Parent Company [Member]
Income
Dividend income - investment securities									20	13
Gains (losses) on securities transactions									88	(5)
Dividend income									5,019	3,282
Undistributed earnings of bank subsidiary									6,475	6,614
Total Income									11,602	9,904
Expense
Shareholder expenses									154	132
Other expenses									53	23
Total expenses									207	155
Net income									11,395	9,749
Comprehensive Income									$ 18,673	$ 7,900

CONDENSED PARENT ONLY DATA (C_3

CONDENSED PARENT ONLY DATA (Condensed Statements of Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from Operating Activities:
Net income	$ 2,779	$ 2,924	$ 3,089	$ 2,603	$ 2,225	$ 2,577	$ 2,126	$ 2,821	$ 11,395	$ 9,749
(Gains) losses on securities transactions, net									(88)	5
Net cash provided by operating activities									15,459	16,757
Cash Flows from Investing Activities:
Proceeds from sales of equity securities									39,859	57,654
Purchases of equity securities									(78,847)	(61,674)
Net cash used for investing activities									(70,154)	(85,934)
Cash Flows from Financing Activities:
Proceeds from issuance of treasury stock									628	551
Payment to repurchase common stock									(1,897)	(463)
Dividends paid									(3,518)	(3,282)
Net cash used for financing activities									54,383	57,469
Cash and Cash Equivalents:
Cash and cash equivalents at beginning of period				41,365				53,073	41,365	53,073
Cash and cash equivalents at end of period	41,053				41,365				41,053	41,365
Parent Company [Member]
Cash Flows from Operating Activities:
Net income									11,395	9,749
Equity in undistributed earnings of subsidiaries									(6,475)	(6,614)
(Gains) losses on securities transactions, net									(88)	5
Net increase in other assets									(11)	(1)
Net cash provided by operating activities									4,821	3,139
Cash Flows from Investing Activities:
Proceeds from sales of equity securities									168	277
Purchases of equity securities									(193)	(548)
Net cash used for investing activities									(25)	(271)
Cash Flows from Financing Activities:
Proceeds from issuance of treasury stock									628	551
Payment to repurchase common stock									(1,897)	(463)
Dividends paid									(3,518)	(3,282)
Net cash used for financing activities									(4,787)	(3,194)
Cash and Cash Equivalents:
Net change in cash and cash equivalents									9	(326)
Cash and cash equivalents at beginning of period				$ 861				$ 1,187	861	1,187
Cash and cash equivalents at end of period	$ 870				$ 861				$ 870	$ 861

SUMMARY OF QUARTERLY FINANCIA_3

SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Quarterly Financial Data [Abstract]
Interest income	$ 10,523	$ 10,590	$ 10,462	$ 10,162	$ 9,729	$ 9,348	$ 8,897	$ 8,524	$ 41,737	$ 36,498
Interest expense	1,335	1,301	1,304	1,179	886	872	842	774	5,119	3,374
Net interest income	9,188	9,289	9,158	8,983	8,843	8,476	8,055	7,750	36,618	33,124
Less provision (credit) for loan losses	(70)	630	30	180	190	190	90	190
Net interest income after provision (credit) for loan losses	9,258	8,659	9,128	8,803	8,653	8,286	7,965	7,560	35,848	32,464
Other income	3,057	2,943	2,762	2,544	2,242	2,787	2,628	3,380	11,306	11,037
Operating expenses:
Salaries and employee benefits	5,512	5,227	5,105	5,188	4,862	5,197	5,221	4,960	21,032	20,240
Occupancy and equipment expenses	908	902	877	917	840	920	893	951
Other operating expenses	2,586	1,999	2,235	2,177	2,622	1,954	2,053	1,973
Total operating expenses	9,006	8,128	8,217	8,282	8,324	8,071	8,167	7,884	33,633	32,446
Income before income taxes	3,309	3,474	3,673	3,065	2,571	3,002	2,426	3,056	13,521	11,055
Provision for Federal income taxes	530	550	584	462	346	425	300	235	2,126	1,306
Net income	$ 2,779	$ 2,924	$ 3,089	$ 2,603	$ 2,225	$ 2,577	$ 2,126	$ 2,821	$ 11,395	$ 9,749
Earnings per share of common stock	$ 0.49	$ 0.51	$ 0.54	$ 0.46	$ 0.39	$ 0.45	$ 0.37	$ 0.50	$ 2.01	$ 1.71
Cash dividends paid per share	$ 0.160	$ 0.155	$ 0.155	$ 0.150	$ 0.145	$ 0.145	$ 0.145	$ 0.145	$ 0.620	$ 0.575