Investar Holding (ISTR) 10-Q 9 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 09, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	ISTR
Entity Registrant Name	Investar Holding Corp
Entity Central Index Key	1,602,658
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		8,815,285

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 11,720,000	$ 9,773,000
Interest-bearing balances due from other banks	23,238,000	19,569,000
Federal funds sold	3,000	106,000
Cash and cash equivalents	34,961,000	29,448,000
Available for sale securities at fair value (amortized cost of $185,121 and $166,258, respectively)	183,584,000	163,051,000
Held to maturity securities at amortized cost (estimated fair value of $19,418 and $19,612, respectively)	19,460,000	20,091,000
Loans, net of allowance for loan losses of $7,320 and $7,051, respectively	925,640,000	886,375,000
Other equity securities	7,025,000	5,362,000
Bank premises and equipment, net of accumulated depreciation of $7,497 and $6,751, respectively	31,510,000	31,722,000
Other real estate owned, net	3,830,000	4,065,000
Accrued interest receivable	3,197,000	3,218,000
Deferred tax asset	2,343,000	2,868,000
Goodwill and other intangible assets, net	3,213,000	3,234,000
Bank owned life insurance	7,297,000	7,201,000
Other assets	3,466,000	2,325,000
Total assets	1,225,526,000	1,158,960,000
Deposits [Abstract]
Noninterest-bearing	130,625,000	108,404,000
Interest-bearing	764,200,000	799,383,000
Total deposits	894,825,000	907,787,000
Advances from Federal Home Loan Bank	109,285,000	82,803,000
Repurchase agreements	36,745,000	39,087,000
Subordinated debt, net of unamortized issuance costs	18,145,000	0
Junior subordinated debt	3,609,000	3,609,000
Other borrowings	0	1,000,000
Accrued taxes and other liabilities	12,121,000	11,917,000
Total liabilities	1,074,730,000	1,046,203,000
STOCKHOLDERS’ EQUITY
Preferred stock, no par value per share; 5,000,000 shares authorized	0	0
Common stock, $1.00 par value per share; 40,000,000 shares authorized; 8,815,119 and 7,101,851 shares issued and outstanding, respectively	8,815,000	7,102,000
Surplus	113,246,000	81,499,000
Retained earnings	29,644,000	26,227,000
Accumulated other comprehensive loss	(909,000)	(2,071,000)
Total stockholders’ equity	150,796,000	112,757,000
Total liabilities and stockholders’ equity	$ 1,225,526,000	$ 1,158,960,000

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Available-for-sale securities at fair value, amortized cost	$ 185,121	$ 166,258
Held-to-maturity securities at amortized cost, estimated fair value	19,418	19,612
Allowance for loan losses	7,320	7,051
Bank premises and equipment, accumulated depreciation	$ 7,497	$ 6,751
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	8,815,119	7,101,851
Common stock, shares outstanding (in shares)	8,815,119	7,101,851

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
INTEREST INCOME
Interest and fees on loans	$ 10,559	$ 9,781	$ 20,563	$ 19,266
Interest on investment securities	1,199	891	2,228	1,747
Other interest income	86	47	146	84
Total interest income	11,844	10,719	22,937	21,097
INTEREST EXPENSE
Interest on deposits	1,827	1,763	3,680	3,278
Interest on borrowings	715	298	1,095	614
Total interest expense	2,542	2,061	4,775	3,892
Net interest income	9,302	8,658	18,162	17,205
Provision for loan losses	375	800	725	1,254
Net interest income after provision for loan losses	8,927	7,858	17,437	15,951
NONINTEREST INCOME
Service charges on deposit accounts	96	88	193	185
Gain on sale of investment securities, net	109	144	215	224
Gain on sale of fixed assets, net	1	1,252	24	1,252
(Loss) gain on sale of other real estate owned, net	(10)	10	(5)	11
Gain on sale of loans, net	0	0	0	313
Servicing fees and fee income on serviced loans	378	537	801	1,128
Other operating income	227	225	458	430
Total noninterest income	801	2,256	1,686	3,543
Income before noninterest expense	9,728	10,114	19,123	19,494
NONINTEREST EXPENSE
Depreciation and amortization	391	369	767	739
Salaries and employee benefits	4,109	3,890	8,059	7,763
Occupancy	245	242	509	478
Data processing	355	367	723	741
Marketing	119	102	147	214
Professional fees	231	375	463	654
Customer reimbursements	0	584	0	584
Acquisition expense	80	0	225	0
Other operating expenses	1,398	1,175	2,719	2,315
Total noninterest expense	6,928	7,104	13,612	13,488
Income before income tax expense	2,800	3,010	5,511	6,006
Income tax expense	877	1,005	1,724	2,011
Net income	$ 1,923	$ 2,005	$ 3,787	$ 3,995
EARNINGS PER SHARE
Basic earnings per share (in dollars per share)	$ 0.22	$ 0.28	$ 0.48	$ 0.56
Diluted earnings per share (in dollars per share)	0.22	0.28	0.47	0.55
Cash dividends declared per common share (in dollars per share)	$ 0.02	$ 0.01	$ 0.04	$ 0.02

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 1,923	$ 2,005	$ 3,787	$ 3,995
Unrealized gain (loss) on investment securities:
Unrealized gain, available for sale, net of tax expense of $279, $408, $660 and $887, respectively	518	757	1,225	1,648
Reclassification of realized gain, net of tax expense of $38, $50, $75 and $78, respectively	(70)	(93)	(139)	(145)
Unrealized loss, transfer from available for sale to held to maturity, net of tax benefit of $0 for all respective periods	(1)	(1)	(1)	(2)
Fair value of derivative financial instruments:
Change in fair value of interest rate swap designated as a cash flow hedge, net of tax (benefit) expense of ($23), ($109), $42 and ($351), respectively	(43)	(202)	77	(651)
Total other comprehensive income	404	461	1,162	850
Total comprehensive income	$ 2,327	$ 2,466	$ 4,949	$ 4,845

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss), available for sale, tax expense (benefit)	$ 279	$ 408	$ 660	$ 887
Reclassification of realized gains, tax expense	38	50	75	78
Unrealized loss transfer from available for sale to held to maturity, tax benefit	0	0	0	0
Change in fair value of interest rate swap designated as a cash flow hedge, net of tax expense (benefit)	$ (23)	$ (109)	$ 42	$ (351)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Surplus [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Beginning Balance at Dec. 31, 2015	$ 109,350	$ 7,264	$ 84,099	$ 18,650	$ (663)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Surrendered shares	(65)	(4)	(61)
Shares repurchased	(3,473)	(222)	(3,251)
Options and warrants exercised	165	12	153
Dividends declared	(303)			(303)
Stock-based compensation	609	52	557
Net tax effect of stock-based compensation	2		2
Net income	7,880			7,880
Other comprehensive loss, net	(1,408)				(1,408)
Ending Balance at Dec. 31, 2016	112,757	7,102	81,499	26,227	(2,071)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Surrendered shares	(109)	(5)	(104)
Options and warrants exercised	667	50	617
Dividends declared	(370)			(370)
Common stock issued in offering, net of direct costs of $1,991	32,509	1,624	30,885
Stock-based compensation	386	44	342
Net tax effect of stock-based compensation	7	0	7	0	0
Net income	3,787
Other comprehensive loss, net	1,162				1,162
Ending Balance at Jun. 30, 2017	$ 150,796	$ 8,815	$ 113,246	$ 29,644	$ (909)

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)$ / shares
Statement of Stockholders' Equity [Abstract]
Cash dividends declared per common share (in dollars per share) | $ / shares	$ 0.04
Stock issuance costs | $	$ 1,991

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income	$ 3,787	$ 3,995
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	767	739
Provision for loan losses	725	1,254
Amortization of purchase accounting adjustments	1	(27)
Provision for other real estate owned	0	7
Net amortization of securities	559	534
Gain on sale of securities, net	(215)	(224)
Gain on sale of fixed assets, net	(24)	(1,252)
Loss (gain) on sale of other real estate owned, net	5	(11)
Impairment of other real estate owned	183	0
FHLB stock dividend	(39)	(31)
Stock-based compensation	386	306
Deferred taxes	(101)	(2)
Net change in value of bank owned life insurance	(96)	(89)
Amortization of subordinated debt issuance costs	12	0
Loans held for sale:
Originations	0	(495)
Proceeds from sales	0	23,837
Gain on sale of loans	0	(313)
Net change in:
Accrued interest receivable	22	(9)
Other assets	(409)	166
Accrued taxes and other liabilities	(6)	5,272
Net cash provided by operating activities	5,557	33,657
Cash flows from investing activities:
Proceeds from sales of investment securities available for sale	19,049	8,418
Funds invested in securities available for sale	(49,561)	(52,263)
Proceeds from maturities, prepayments and calls of investment securities available for sale	11,338	7,425
Proceeds from maturities, prepayments and calls of investment securities held to maturity	596	701
Proceeds from redemption of other equity securities	2,000	0
Purchase of other equity securities	(3,624)	(1,505)
Net increase in loans	(39,991)	(61,598)
Proceeds from sales of other real estate owned	47	480
Proceeds from the sales of fixed assets	327	2,649
Purchases of fixed assets	(837)	(1,632)
Acquisition of trademark intangible	0	(100)
Purchase of bank owned life insurance	0	(3,500)
Purchase of other investments	(624)	(553)
Distributions from investments	12	0
Net cash used in investing activities	(61,268)	(101,478)
Cash flows from financing activities:
Net (decrease) increase in customer deposits	(12,962)	129,837
Net decrease in repurchase agreements	(2,342)	(10,245)
Net increase (decrease) in short-term FHLB advances	15,000	(28,780)
Proceeds from long-term FHLB advances	15,000	0
Repayment of long-term FHLB advances	(3,518)	(5,118)
Cash dividends paid on common stock	(263)	(128)
Proceeds from public offering of common stock, net of issuance costs	32,509	0
Proceeds from stock options and warrants exercised	667	15
Payments to repurchase common stock	0	(1,592)
Proceeds from other borrowings	78	0
Repayment of other borrowings	(1,078)	0
Proceeds from subordinated debt, net of issuance costs	18,133	0
Net cash provided by financing activities	61,224	83,989
Net increase in cash and cash equivalents	5,513	16,168
Cash and cash equivalents, beginning of period	29,448	20,966
Cash and cash equivalents, end of period	$ 34,961	$ 37,134

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited consolidated financial statements of Investar Holding Corporation (the “Company”) have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include information or footnotes necessary for a complete presentation of financial position, results of operations, and cash flows in conformity with GAAP. However, in the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the financial statements have been included. The results of operations for the three and six month periods ended June 30, 2017 are not necessarily indicative of the results that may be expected for the entire fiscal year. These statements should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2016 , including the notes thereto, which were included as part of the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 9, 2017. Nature of Operations Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank (the “Bank”), a Louisiana-chartered bank. The Company’s primary market is South Louisiana. At June 30, 2017 , the Company operated 12 full service banking offices located throughout its market and had 157 employees. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could be material. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses. Such agencies may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the allowance for loan losses may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated. Other estimates that are susceptible to significant change in the near term relate to the determination of other-than-temporary impairments of securities and the fair value of financial instruments. Investment Securities The Company’s investments in securities are accounted for in accordance with applicable guidance contained in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), which requires the classification of securities into one of the following categories: • Securities to be held to maturity (“HTM”): bonds, notes, and debentures for which the Company has the positive intent and ability to hold to maturity are reported at cost, adjusted for premiums and discounts that are recognized in interest income using the interest method over the period to maturity. • Securities available for sale (“AFS”): available for sale securities consist of bonds, notes, and debentures that are available to meet the Company’s operating needs. These securities are reported at fair value. Unrealized holding gains and losses, net of tax, on available for sale securities are reported as a net amount in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Realized gains and losses on the sale of investment securities are determined using the specific-identification method. The Company follows FASB guidance related to the recognition and presentation of other-than-temporary impairment. The guidance specifies that if an entity does not have the intent to sell a debt security prior to recovery, the security would not be considered other-than-temporarily impaired unless there is a credit loss. When an entity does not intend to sell the security, and it is more likely than not that the entity will not have to sell the security before recovery of its cost basis, it will recognize the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income. Loans The Company’s loan portfolio categories include real estate, commercial and consumer loans. Real estate loans are further categorized into construction and development, one-to-four family residential, multifamily, farmland and commercial real estate loans. The consumer loan category includes loans originated through indirect lending. Indirect lending, which is lending initiated through third-party business partners, is largely comprised of loans made through automotive dealerships. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are stated at unpaid principal balances, adjusted by an allowance for loan losses. Interest on loans is calculated by using the simple interest method on daily balances of the principal amount outstanding. Loans are ordinarily placed on nonaccrual when a loan is specifically determined to be impaired or when principal or interest is delinquent for 90 days or more; however, management may elect to continue the accrual when the estimated net realizable value of collateral is sufficient to cover the principal balance and the accrued interest. Any unpaid interest previously accrued on nonaccrual loans is reversed from income. Interest income, generally, is not recognized on specific impaired loans unless the likelihood of further loss is remote. Interest payments received on such loans are applied as a reduction of the loan principal balance. Interest income on other nonaccrual loans is recognized only to the extent of interest payments received. The Company considers a loan to be impaired when, based upon current information and events, it believes it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. The Company’s impaired loans include troubled debt restructurings and performing and non-performing major loans for which full payment of principal or interest is not expected. Large groups of smaller balance homogenous loans are collectively evaluated for impairment. The Company calculates an allowance required for impaired loans based on the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price or the fair value of its collateral. If the recorded investment in the impaired loan exceeds the measure of fair value, a valuation allowance is required as a component of the allowance for loan losses. Changes to the valuation allowance are recorded as a component of the provision for loan losses. The Company follows the FASB accounting guidance on sales of financial assets, which includes participating interests in loans. For loan participations that are structured in accordance with this guidance, the sold portions are recorded as a reduction of the loan portfolio. Loan participations that do not meet the criteria are accounted for as secured borrowings. Reclassifications Certain reclassifications have been made to the 2016 financial statements to be consistent with the 2017 presentation. Concentrations of Credit Risk The Company’s loan portfolio consists of the various types of loans described in Note 4, Loans. Real estate or other assets secure most loans. The majority of loans have been made to individuals and businesses in the Company’s market of South Louisiana. Customers are dependent on the condition of the local economy for their livelihoods and servicing their loan obligations. The Company does not have any significant concentrations in any one industry or individual customer. New Accounting Pronouncement Accounting Standards Update (“ASU”) 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting was effective for the Company on January 1, 2017. ASU 2016-09 requires that all income tax effects related to vestings of share-based payment awards be reported in earnings as an increase (or decrease) to income tax expense. Previously, excess income tax benefits of a vested award were reported as an increase (or decrease) to additional paid-in capital to the extent that those benefits were greater than (or less than) the income tax benefits recognized in earnings during the award’s vesting period. The requirement to report those income tax effects in earnings has been applied to vestings occurring on or after January 1, 2017 and resulted in recording a $57,000 tax benefit for the six months ended June 30, 2017. ASU 2016-09 also requires that all income tax-related cash flows resulting from share-based payments be reported as operating activities in the statement of cash flows. We have elected to apply that change in cash flow classification on a prospective basis. The impact of this change and that of the remaining provisions of ASU 2016-09 did not have significant impact on our financial statements. Recent Accounting Pronouncements FASB ASC Topic 718 “Compensation – Stock Compensation: Scope of Modification Accounting” Update No. 2017-09. The Financial Accounting Standards Board (“FASB”) issued ASU No. 2017-09 in May 2017. The ASU clarifies when changes to terms or conditions of a share-based payment award must be accounted for as a modification. Under the new guidance, an entity will not apply modification accounting to a share-based payment award if all of the following are the same immediately before and after the change: (i) the fair value of the award, (ii) the vesting conditions of the award, and (iii) the classification of the award as either an equity or liability instrument. ASU 2017-09 will be effective for the Company beginning January 1, 2018. Early adoption is permitted. The guidance requires companies to apply the requirements prospectively to awards modified on or after the adoption date. ASU 2017-09 is not expected to have a significant impact on the Company’s consolidated financial statements. FASB ASC Subtopic 310-20 “Receivables – Nonrefundable Fees and Other Costs, Premium Amortization on Purchased Callable Debt Securities” Update No. 2017-08. The FASB issued ASU No. 2017-08 in March 2017. The amendments in the ASU shorten the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. Update 2017-08 will be effective for the Company beginning January 1, 2019. Early adoption is permitted, including adoption in an interim period. If an entity early adopts in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. The amendments should be applied on a modified retrospective basis, with a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The Company is assessing the impact of ASU 2017-08 on its accounting and disclosures. FASB ASC Topic 350 “Intangibles – Goodwill and Other: Simplifying the Test for Goodwill Impairment” Update No. 2017-04. The FASB issued ASU No. 2017-04 in January 2017. The ASU simplifies how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Therefore, any carrying amount which exceeds the reporting unit’s fair value, up to the amount of goodwill recorded, will be recognized as an impairment loss. ASU 2017-04 will be effective for the Company on January 1, 2020. The amendments will be applied prospectively on or after the effective date. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. Based on recent goodwill impairments tests, which did not require the application of Step 2, the Company does not expect the adoption of this ASU to have an immediate impact. FASB ASC Topic 805 “Business Combinations: Clarifying the Definition of a Business” Update No. 2017-01. The FASB issued ASU No. 2017-01 in January 2017. The amendments in the ASU are intended to clarify the definition and the current interpretation of a business to assist companies and other reporting organizations with evaluating whether transactions should be accounted for as acquisitions or disposals of assets or businesses. The ASU will be effective for the Company beginning January 1, 2018. The amendments will be applied prospectively on or after the effective date. Early application of the amendments in this ASU is allowed for transactions, including when a subsidiary or group of assets is deconsolidated/derecognized, in which the acquisition date occurs before the issuance date or effective date of the amendments, only when the transaction has not been reported in financial statements that have been issued or made available for issuance. The adoption of this standard is not expected to have a material impact on the Company’s financial statements. FASB ASC Topic 230 “Statement of Cash Flows – Classification of Certain Cash Receipts and Cash Payments” Update No. 2016-15. The FASB issued ASU No. 2016-15 in August 2016. The amendments in the ASU address eight specific cash flow issues with the objective of reducing the existing diversity in practice, as the issues are either unclear or do not have specific guidance under current GAAP. ASU 2016-15 will be effective on January 1, 2018. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. FASB ASC Topic 326 “Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments” Update No. 2016-13. The FASB issued ASU No. 2016-13 in June 2016. The amendments introduce an impairment model that is based on expected credit losses, rather than incurred losses, to estimate credit losses on certain types of financial instruments (e.g., loans and held-to-maturity securities), including certain off-balance sheet financial instruments (e.g., loan commitments). The expected credit losses should consider historical information, current information, and reasonable and supportable forecasts, including estimates of prepayments, over the contractual term. Financial instruments with similar risk characteristics may be grouped together when estimating expected credit losses. The ASU also amends the current AFS security impairment model for debt securities. The new model will require an estimate of expected credit losses when the fair value is below the amortized cost of the asset through the use of an allowance to record estimated credit losses (and subsequent recoveries). Non-credit related losses will continue to be recognized through other comprehensive income. In addition, the amendments provide for a simplified accounting model for purchased financial assets with a more-than-insignificant amount of credit deterioration since their origination. The initial estimate of expected credit losses would be recognized through an allowance for loan losses with an offset (i.e., increase) to the cost basis of the related financial asset at acquisition. ASU 2016-13 will be effective for the Company beginning January 1, 2020. The amendments will be applied through a modified-retrospective approach, resulting in a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. A prospective transition approach is required for debt securities for which other-than-temporary impairment had been recognized before the effective date. Amounts previously recognized in accumulated other comprehensive income as of the date of adoption that relate to improvements in cash flows expected to be collected should continue to be accreted into income over the remaining life of the asset. Recoveries of amounts previously written off relating to improvements in cash flows after the date of adoption should be recorded in earnings when received. Management is currently evaluating the potential impact of ASU 2016-13 on the Company’s consolidated financial statements. FASB ASC Topic 825 “Financial Instruments – Overall” Update No. 2016-1. The FASB issued ASU No. 2016-1 in January 2016 to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The ASU will not change the guidance for classifying and measuring investments in debt securities or loans; however, it will impact how entities measure certain equity investments, recognize changes in the fair value of financial liabilities measured under the fair value option that are attributable to instrument-specific credit risk, and disclose and present financial assets and liabilities in financial statements. The main provisions require investments in equity securities to be measured at fair value through net income, unless they qualify for a new practicability exception, the equity method of accounting, or consolidation, and require fair value changes arising from changes in instrument-specific credit risk for financial liabilities that are measured under the fair value option to be recognized in other comprehensive income. The amendments will also require entities to present financial assets and financial liabilities separately, grouped by measurement category and form of financial asset in the statement of financial position or in the accompanying notes to the financial statements. Entities will also no longer have to disclose the methods and significant assumptions for financial instruments measured at amortized cost, but will be required to measure such instruments under the “exit price” notion for disclosure purposes. The amendments in this ASU are effective for the Company beginning January 1, 2018. The Company will record a cumulative-effect adjustment to beginning retained earnings as of the beginning of the first reporting period in which the guidance is adopted, with two exceptions. The amendments related to equity investments without readily determinable fair values will be effective prospectively. The requirement to use the exit price notion to measure fair value of financial instruments for disclosure purposes will also be applied prospectively. The Company does not expect a significant cumulative-effect adjustment to be recorded at adoption or any significant impact to the consolidated financial statements associated with the accounting for its current equity investments. The Company does anticipate financial statement disclosures to be impacted, specifically related to financial instruments measured at amortized cost whose fair values are disclosed under the “entry price” notion, but is currently still in the process of determining the impact. FASB ASC Topic 606 “Revenue from Contracts with Customers” Update No. 2014-9. The FASB issued ASU No. 2014-9 in May 2014 which implements a common revenue standard and clarifies the principles used for recognizing revenue. The amendments in the ASU clarify that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. As part of that principle, the entity should identify the contract(s) with the customer, identify the performance obligation(s) of the contract, determine the transaction price, allocate that transaction price to the performance obligation(s), and then recognize revenue when or as the entity satisfies the performance obligation(s). The amendments also provide additional guidance/principles associated with gross vs. net presentation (i.e., principal versus agency considerations). The amendments in ASU No. 2014-9 will be effective for the Company beginning January 1, 2018. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that annual reporting period. The amendments will be applied through the election of one of two retrospective methods. The Company intends to adopt the amendments beginning January 1, 2018 through the modified-retrospective transition method and does not expect to recognize a significant cumulative adjustment to equity upon implementation of the standard. Further, the Company does not expect a significant impact to the Company’s consolidated statements of comprehensive income or consolidated balance sheets from either a presentation or timing perspective, but is still analyzing some contracts.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The following is a summary of the information used in the computation of basic and diluted earnings per share for the three and six months ended June 30, 2017 and 2016 (in thousands, except share data). Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Net income $ 1,923 $ 2,005 $ 3,787 $ 3,995 Weighted average number of common shares outstanding used in computation of basic earnings per share 8,685,980 7,158,532 7,950,049 7,176,545 Effect of dilutive securities: Restricted stock 27,045 15,298 20,557 12,705 Stock options 43,640 14,715 34,478 14,752 Stock warrants 23,963 11,231 22,212 11,249 Weighted average number of common shares outstanding plus effect of dilutive securities used in computation of diluted earnings per share 8,780,628 7,199,776 8,027,296 7,215,251 Basic earnings per share $ 0.22 $ 0.28 $ 0.48 $ 0.56 Diluted earnings per share $ 0.22 $ 0.28 $ 0.47 $ 0.55

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	INVESTMENT SECURITIES The amortized cost and approximate fair value of investment securities classified as available for sale are summarized below as of the dates presented (dollars in thousands). Amortized Cost Gross Unrealized Gains Gross Fair Value June 30, 2017 Obligations of other U.S. government agencies and corporations $ 50,477 $ 96 $ (368 ) $ 50,205 Obligations of state and political subdivisions 26,596 20 (433 ) 26,183 Corporate bonds 15,264 55 (336 ) 14,983 Residential mortgage-backed securities 89,457 166 (674 ) 88,949 Commercial mortgage-backed securities 2,494 6 (41 ) 2,459 Equity securities 833 12 (40 ) 805 Total $ 185,121 $ 355 $ (1,892 ) $ 183,584 Amortized Cost Gross Gross Fair December 31, 2016 Obligations of other U.S. government agencies and corporations $ 29,809 $ 68 $ (387 ) $ 29,490 Obligations of state and political subdivisions 29,631 15 (1,791 ) 27,855 Corporate bonds 15,292 54 (378 ) 14,968 Residential mortgage-backed securities 88,295 193 (900 ) 87,588 Commercial mortgage-backed securities 2,520 — (76 ) 2,444 Equity securities 711 46 (51 ) 706 Total $ 166,258 $ 376 $ (3,583 ) $ 163,051 Proceeds from sales of investment securities available for sale and gross gains and losses are summarized below as of the dates presented (dollars in thousands). Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Proceeds from sale $ 8,724 $ 4,978 $ 19,049 $ 8,418 Gross gains $ 141 $ 144 $ 248 $ 224 Gross losses $ (32 ) $ — $ (33 ) $ — The amortized cost and approximate fair value of investment securities classified as held to maturity are summarized below as of the dates presented (dollars in thousands). Amortized Cost Gross Gross Fair June 30, 2017 Obligations of state and political subdivisions $ 12,763 $ 12 $ (7 ) $ 12,768 Residential mortgage-backed securities 6,697 7 (54 ) 6,650 Total $ 19,460 $ 19 $ (61 ) $ 19,418 Amortized Cost Gross Gross Fair December 31, 2016 Obligations of state and political subdivisions $ 12,976 $ 2 $ (429 ) $ 12,549 Residential mortgage-backed securities 7,115 8 (60 ) 7,063 Total $ 20,091 $ 10 $ (489 ) $ 19,612 Securities are classified in the consolidated balance sheets according to management’s intent. The Company had no securities classified as trading as of June 30, 2017 or December 31, 2016 . The aggregate fair values and aggregate unrealized losses on securities whose fair values are below book values are summarized in the tables below. Unrealized losses are generally due to changes in interest rates. The Company has the intent to hold these securities either until maturity or a forecasted recovery, and it is more likely than not that the Company will not have to sell the securities before the recovery of their cost basis. Due to the nature of the investment and current market prices, these unrealized losses are considered a temporary impairment of the securities. The number of securities available for sale, fair value, and unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are summarized below as of the dates presented (dollars in thousands). Less than 12 Months 12 Months or More Total Count Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized June 30, 2017 Obligations of other U.S. government agencies and corporations 59 $ 34,362 $ (368 ) $ 435 $ — $ 34,797 $ (368 ) Obligations of state and political subdivisions 15 13,797 (120 ) 8,352 (313 ) 22,149 (433 ) Corporate bonds 23 1,934 (66 ) 7,402 (270 ) 9,336 (336 ) Residential mortgage-backed securities 109 59,174 (657 ) 2,890 (17 ) 62,064 (674 ) Commercial mortgage-backed securities 3 1,436 (41 ) — — 1,436 (41 ) Equity securities 2 208 (14 ) 480 (26 ) 688 (40 ) Total 211 $ 110,911 $ (1,266 ) $ 19,559 $ (626 ) $ 130,470 $ (1,892 ) Less than 12 Months 12 Months or More Total Count Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized December 31, 2016 Obligations of other U.S. government agencies and corporations 45 $ 22,819 $ (382 ) $ 448 $ (5 ) $ 23,267 $ (387 ) Obligations of state and political subdivisions 33 25,764 (1,791 ) — — 25,764 (1,791 ) Corporate bonds 27 3,724 (132 ) 6,929 (246 ) 10,653 (378 ) Residential mortgage-backed securities 110 60,433 (883 ) 1,778 (17 ) 62,211 (900 ) Commercial mortgage-backed securities 4 2,444 (76 ) — — 2,444 (76 ) Equity securities 3 50 (4 ) 492 (47 ) 542 (51 ) Total 222 $ 115,234 $ (3,268 ) $ 9,647 $ (315 ) $ 124,881 $ (3,583 ) The number of securities held to maturity, fair value, and unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are summarized below as of the dates presented (dollars in thousands). Less than 12 Months 12 Months or More Total Count Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized June 30, 2017 Obligations of state and political subdivisions 1 $ 6,231 $ (7 ) $ — $ — $ 6,231 $ (7 ) Residential mortgage-backed securities 6 4,442 (54 ) — — 4,442 (54 ) Total 7 $ 10,673 $ (61 ) $ — $ — $ 10,673 $ (61 ) Less than 12 Months 12 Months or More Total Count Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized December 31, 2016 Obligations of state and political subdivisions 5 $ 9,597 $ (429 ) $ — $ — $ 9,597 $ (429 ) Residential mortgage-backed securities 6 4,677 (60 ) — — 4,677 (60 ) Total 11 $ 14,274 $ (489 ) $ — $ — $ 14,274 $ (489 ) The unrealized losses in the Company’s investment portfolio, caused by interest rate increases, are not credit issues and the Company does not intend to sell the securities. Furthermore, it is not more likely than not that the Company will be required to sell the securities before recovery of their amortized cost bases. The Company does not consider these securities to be other-than-temporarily impaired at June 30, 2017 or December 31, 2016 . The weighted average tax equivalent yield, amortized cost and approximate fair value of debt securities, by contractual maturity (including mortgage-backed securities), are shown below as of the dates presented. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties (dollars in thousands). Securities Available for Sale Securities Held to Maturity Weighted Average T.E. Yield Amortized Cost Fair Value Weighted Amortized Fair June 30, 2017 Due within one year 2.19 % $ 922 $ 919 7.17 % $ 685 $ 686 Due after one year through five years 2.31 10,410 10,405 7.17 3,095 3,101 Due after five years through ten years 2.84 25,448 25,118 7.17 2,745 2,750 Due after ten years 2.49 147,508 146,337 3.52 12,935 12,881 Total debt securities $ 184,288 $ 182,779 $ 19,460 $ 19,418 Securities Available for Sale Securities Held to Maturity Weighted Amortized Fair Weighted Amortized Fair December 31, 2016 Due within one year 1.61 % $ 1,753 $ 1,750 7.17 % $ 685 $ 686 Due after one year through five years 2.27 10,509 10,476 7.17 3,095 3,089 Due after five years through ten years 2.77 27,173 26,771 7.17 2,745 2,637 Due after ten years 2.51 126,112 123,348 3.52 13,566 13,200 Total debt securities $ 165,547 $ 162,345 $ 20,091 $ 19,612

LOANS

LOANS	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
LOANS	LOANS The Company’s loan portfolio consists of the following categories of loans as of the dates presented (dollars in thousands). June 30, 2017 December 31, 2016 Construction and development $ 109,627 $ 90,737 1-4 Family 177,979 177,205 Multifamily 46,109 42,759 Farmland 8,006 8,207 Commercial real estate 408,523 380,716 Total mortgage loans on real estate 750,244 699,624 Commercial and industrial 98,837 85,377 Consumer 83,879 108,425 Total loans $ 932,960 $ 893,426 The table below provides an analysis of the aging of loans as of the dates presented (dollars in thousands). June 30, 2017 Past Due and Accruing 30-59 days 60-89 days 90 or more days Nonaccrual Total Past Due & Nonaccrual Current Total Loans Construction and development $ — $ — $ — $ 30 $ 30 $ 109,597 $ 109,627 1-4 Family 50 112 — 46 208 177,771 177,979 Multifamily — — — — — 46,109 46,109 Farmland — — — — — 8,006 8,006 Commercial real estate 29 — — — 29 408,494 408,523 Total mortgage loans on real estate 79 112 — 76 267 749,977 750,244 Commercial and industrial 49 — — 26 75 98,762 98,837 Consumer 311 142 1 1,063 1,517 82,362 83,879 Total loans $ 439 $ 254 $ 1 $ 1,165 $ 1,859 $ 931,101 $ 932,960 December 31, 2016 Past Due and Accruing 30-59 days 60-89 days 90 or more days Nonaccrual Total Past Due & Nonaccrual Current Total Loans Construction and development $ 48 $ — $ — $ 480 $ 528 $ 90,209 $ 90,737 1-4 Family 427 — — 47 474 176,731 177,205 Multifamily — — — — — 42,759 42,759 Farmland — — — — — 8,207 8,207 Commercial real estate — — — — — 380,716 380,716 Total mortgage loans on real estate 475 — — 527 1,002 698,622 699,624 Commercial and industrial 30 — — 443 473 84,904 85,377 Consumer 378 149 1 1,008 1,536 106,889 108,425 Total loans $ 883 $ 149 $ 1 $ 1,978 $ 3,011 $ 890,415 $ 893,426 Credit Quality Indicators Loans are categorized into risk categories based on relevant information about the ability of borrowers to service their debt, such as current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The following definitions are utilized for risk ratings, which are consistent with the definitions used in supervisory guidance: Pass - Loans not meeting the criteria below are considered pass. These loans have high credit characteristics and financial strength. The borrowers at least generate profits and cash flow that are in line with peer and industry standards and have debt service coverage ratios above loan covenants and our policy guidelines. For some of these loans, a guaranty from a financially capable party mitigates characteristics of the borrower that might otherwise result in a lower grade. Special Mention - Loans classified as special mention possess some credit deficiencies that need to be corrected to avoid a greater risk of default in the future. For example, financial ratios relating to the borrower may have deteriorated. Often, a special mention categorization is temporary while certain factors are analyzed or matters addressed before the loan is re-categorized as either pass or substandard. Substandard - Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the borrower or the liquidation value of any collateral. If deficiencies are not addressed, it is likely that this category of loan will result in the Bank incurring a loss. Where a borrower has been unable to adjust to industry or general economic conditions, the borrower’s loan is often categorized as substandard. Doubtful - Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loss - Loans classified as loss are considered uncollectible and of such little value that their continuance as recorded assets is not warranted. This classification does not mean that the assets have absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off these assets. The table below presents the Company’s loan portfolio by category and credit quality indicator as of the dates presented (dollars in thousands). June 30, 2017 Pass Special Mention Substandard Total Construction and development $ 109,578 $ — $ 49 $ 109,627 1-4 Family 177,888 — 91 177,979 Multifamily 45,259 — 850 46,109 Farmland 8,006 — — 8,006 Commercial real estate 407,956 — 567 408,523 Total mortgage loans on real estate 748,687 — 1,557 750,244 Commercial and industrial 96,358 — 2,479 98,837 Consumer 82,420 396 1,063 83,879 Total loans $ 927,465 $ 396 $ 5,099 $ 932,960 December 31, 2016 Pass Special Mention Substandard Total Construction and development $ 90,238 $ — $ 499 $ 90,737 1-4 Family 177,091 20 94 177,205 Multifamily 42,759 — — 42,759 Farmland 8,207 — — 8,207 Commercial real estate 380,716 — — 380,716 Total mortgage loans on real estate 699,011 20 593 699,624 Commercial and industrial 83,215 59 2,103 85,377 Consumer 106,916 501 1,008 108,425 Total loans $ 889,142 $ 580 $ 3,704 $ 893,426 The Company had no loans that were classified as doubtful or loss as of June 30, 2017 or December 31, 2016 . Loan participations and whole loans sold to and serviced for others are not included in the accompanying consolidated balance sheets. The balance of loans serviced for others was $223.5 million and $274.9 million as of June 30, 2017 and December 31, 2016 , respectively. The unpaid principal balance of these loans was approximately $274.0 million and $319.6 million as of June 30, 2017 and December 31, 2016 , respectively. In the ordinary course of business, the Company makes loans to its executive officers, principal stockholders, directors and to companies in which these individuals are principal owners. Loans outstanding to such related party borrowers (including companies in which they are principal owners) amounted to approximately $27.1 million and $20.0 million as of June 30, 2017 and December 31, 2016 , respectively. These loans are all current and performing according to the original terms. These loans were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with persons not related to the Company or the Bank and did not involve more than normal risk of collectability or present other unfavorable features. The table below shows the aggregate amount of loans to such related parties as of the dates presented (dollars in thousands). June 30, 2017 December 31, 2016 Balance, beginning of period $ 19,957 $ 17,992 New loans 9,252 5,058 Repayments and changes in relationship (2,135 ) (3,093 ) Balance, end of period $ 27,074 $ 19,957 Loans Acquired with Deteriorated Credit Quality The Company elected to account for certain loans acquired as acquired impaired loans under ASC 310-30 due to evidence of credit deterioration at acquisition and the probability that the Company will be unable to collect all contractually required payments. The table below shows the changes in the accretable yield on acquired impaired loans for the periods presented (dollars in thousands). Acquired Balance, period ended December 31, 2015 $ 395 Net transfers from (to) nonaccretable difference to (from) accretable yield 1 Accretion to interest income (121 ) Balance, period ended December 31, 2016 $ 275 Loan disposals (250 ) Accretion to interest income (25 ) Balance, period ended June 30, 2017 $ —

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
ALLOWANCE FOR LOAN LOSSES	ALLOWANCE FOR LOAN LOSSES The table below shows a summary of the activity in the allowance for loan losses for the three and six months ended June 30, 2017 and 2016 (dollars in thousands). Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Balance, beginning of period $ 7,243 $ 6,463 $ 7,051 $ 6,128 Provision for loan losses 375 800 725 1,254 Loans charged off (314 ) (180 ) (480 ) (336 ) Recoveries 16 8 24 45 Balance, end of period $ 7,320 $ 7,091 $ 7,320 $ 7,091 The following tables outline the activity in the allowance for loan losses by collateral type for the three and six months ended June 30, 2017 and 2016 , and show both the allowances and portfolio balances for loans individually and collectively evaluated for impairment as of June 30, 2017 and 2016 (dollars in thousands). Three months ended June 30, 2017 Construction & Farmland 1-4 Multifamily Commercial Commercial & Consumer Total Allowance for loan losses: Beginning balance $ 694 $ 54 $ 1,237 $ 374 $ 2,908 $ 744 $ 1,232 $ 7,243 Provision 101 — 38 (13 ) 128 132 (11 ) 375 Charge-offs — — — — — (193 ) (121 ) (314 ) Recoveries 11 — 1 — — — 4 16 Ending balance $ 806 $ 54 $ 1,276 $ 361 $ 3,036 $ 683 $ 1,104 $ 7,320 Three months ended June 30, 2016 Construction & Farmland 1-4 Multifamily Commercial Commercial & Consumer Total Allowance for loan losses: Beginning balance $ 729 $ 46 $ 1,257 $ 279 $ 2,292 $ 550 $ 1,310 $ 6,463 Provision 54 15 22 31 138 478 62 800 Charge-offs (7 ) — — — — — (173 ) (180 ) Recoveries 3 — 1 — — — 4 8 Ending balance $ 779 $ 61 $ 1,280 $ 310 $ 2,430 $ 1,028 $ 1,203 $ 7,091 Six months ended June 30, 2017 Construction & Farmland 1-4 Multifamily Commercial Commercial & Consumer Total Allowance for loan losses: Beginning balance $ 579 $ 60 $ 1,377 $ 355 $ 2,499 $ 759 $ 1,422 $ 7,051 Provision 213 (6 ) (103 ) 6 537 117 (39 ) 725 Charge-offs — — — — — (193 ) (287 ) (480 ) Recoveries 14 — 2 — — — 8 24 Ending balance $ 806 $ 54 $ 1,276 $ 361 $ 3,036 $ 683 $ 1,104 $ 7,320 Ending allowance balance for loans individually evaluated for impairment — — — — — — 297 297 Ending allowance balance for loans collectively evaluated for impairment $ 806 $ 54 $ 1,276 $ 361 $ 3,036 $ 683 $ 807 $ 7,023 Ending allowance balance for loans acquired with deteriorated credit quality $ — $ — $ — $ — $ — $ — $ — $ — Loans receivable: Balance of loans individually evaluated for impairment $ 189 $ — $ 1,651 $ — $ 595 $ 26 $ 1,063 $ 3,524 Balance of loans collectively evaluated for impairment 109,438 8,006 176,328 46,109 407,928 98,811 82,816 929,436 Total period-end balance $ 109,627 $ 8,006 $ 177,979 $ 46,109 $ 408,523 $ 98,837 $ 83,879 $ 932,960 Balance of loans acquired with deteriorated credit quality $ 207 $ — $ 483 $ 1,035 $ — $ — $ — $ 1,725 Six months ended June 30, 2016 Construction & Farmland 1-4 Multifamily Commercial Commercial & Consumer Total Allowance for loan losses: Beginning balance $ 644 $ 22 $ 1,213 $ 246 $ 2,156 $ 513 $ 1,334 $ 6,128 Provision 143 39 66 64 273 495 174 1,254 Charge-offs (14 ) — (7 ) — — — (315 ) (336 ) Recoveries 6 — 8 — 1 20 10 45 Ending balance $ 779 $ 61 $ 1,280 $ 310 $ 2,430 $ 1,028 $ 1,203 $ 7,091 Ending allowance balance for loans individually evaluated for impairment — — — — — 500 238 738 Ending allowance balance for loans collectively evaluated for impairment $ 779 $ 61 $ 1,280 $ 310 $ 2,430 $ 528 $ 965 $ 6,353 Ending allowance balance for loans acquired with deteriorated credit quality $ — $ — $ — $ — $ — $ — $ — $ — Loans receivable: Balance of loans individually evaluated for impairment $ 1,207 $ — $ 2,146 $ — $ 890 $ 2,775 $ 938 $ 7,956 Balance of loans collectively evaluated for impairment 99,873 8,343 164,632 37,300 331,416 72,328 95,622 809,514 Total period-end balance $ 101,080 $ 8,343 $ 166,778 $ 37,300 $ 332,306 $ 75,103 $ 96,560 $ 817,470 Balance of loans acquired with deteriorated credit quality $ 682 $ — $ 804 $ 1,043 $ — $ — $ 36 $ 2,565 Impaired Loans The Company considers a loan to be impaired when, based on current information and events, the Company determines that it will not be able to collect all amounts due according to the loan agreement, including scheduled interest payments. Generally, those loans rated special mention or lower are evaluated for impairment each quarter. Determination of impairment is treated the same across all classes of loans. When the Company identifies a loan as impaired, it measures the impairment based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, except when the sole (remaining) source of repayment for the loans is the operation or liquidation of the collateral. In these cases when foreclosure is probable, the Company uses the current fair value of the collateral, less selling costs, instead of discounted cash flows. If the Company determines that the value of the impaired loan is less than the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount), the Company recognizes impairment through an allowance estimate or a charge-off to the allowance for loan losses. When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is on nonaccrual, all payments are applied to principal, under the cost recovery method. When the ultimate collectability of the total principal of an impaired loan is not in doubt and the loan is on nonaccrual, contractual interest is credited to interest income when received, under the cash basis method. The following tables include the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable, as of the dates indicated. The Company determined the specific allowance based on the present values of expected future cash flows, discounted at the loan’s effective interest rate, except when the remaining source of repayment for the loan is the operation or liquidation of the collateral. In those cases, the current fair value of the collateral, less estimated selling cost, was used to determine the specific allowance recorded (dollars in thousands). June 30, 2017 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 189 $ 207 $ — 1-4 Family 1,651 1,680 — Commercial real estate 595 610 — Total mortgage loans on real estate 2,435 2,497 — Commercial and industrial 26 26 — Consumer 145 162 — Total 2,606 2,685 — With related allowance recorded: Consumer 918 948 297 Total 918 948 297 Total loans: Construction and development 189 207 — 1-4 Family 1,651 1,680 — Commercial real estate 595 610 — Total mortgage loans on real estate 2,435 2,497 — Commercial and industrial 26 26 — Consumer 1,063 1,110 297 Total $ 3,524 $ 3,633 $ 297 December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 645 $ 661 $ — 1-4 Family 1,673 1,701 — Commercial real estate 608 623 — Total mortgage loans on real estate 2,926 2,985 — Commercial and industrial 15 16 Consumer 153 166 — Total 3,094 3,167 — With related allowance recorded: Commercial and industrial 428 430 136 Consumer 855 873 287 Total 1,283 1,303 423 Total loans: Construction and development 645 661 — 1-4 Family 1,673 1,701 — Commercial real estate 608 623 — Total mortgage loans on real estate 2,926 2,985 — Commercial and industrial 443 446 136 Consumer 1,008 1,039 287 Total $ 4,377 $ 4,470 $ 423 Presented in the tables below is the average recorded investment of the impaired loans and the related amount of interest income recognized during the time within the period that the loans were impaired. The average balances are calculated based on the month-end balances of the loans during the periods reported (dollars in thousands). Three months ended June 30, 2017 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Construction and development $ 339 $ 1 $ 1,209 $ 67 1-4 Family 1,655 26 2,037 26 Commercial real estate 599 25 712 2 Total mortgage loans on real estate 2,593 52 3,958 95 Commercial and industrial 26 — 1,294 — Consumer 234 — 246 5 Total 2,853 52 5,498 100 With related allowance recorded: Commercial and industrial — — 662 — Consumer 891 — 626 2 Total 891 — 1,288 2 Total loans: Construction and development 339 1 1,209 67 1-4 Family 1,655 26 2,037 26 Commercial real estate 599 25 712 2 Total mortgage loans on real estate 2,593 52 3,958 95 Commercial and industrial 26 — 1,956 — Consumer 1,125 — 872 7 Total $ 3,744 $ 52 $ 6,786 $ 102 Six months ended June 30, 2017 2016 Average Interest Average Interest With no related allowance recorded: Construction and development $ 490 $ 6 $ 1,217 $ 77 1-4 Family 1,661 43 1,870 43 Commercial real estate 603 27 669 3 Total mortgage loans on real estate 2,754 76 3,756 123 Commercial and industrial 234 — 654 — Consumer 300 1 330 7 Total 3,288 77 4,740 130 With related allowance recorded: Commercial and industrial — — 331 — Consumer 837 1 494 5 Total 837 1 825 5 Total loans: Construction and development 490 6 1,217 77 1-4 Family 1,661 43 1,870 43 Commercial real estate 603 27 669 3 Total mortgage loans on real estate 2,754 76 3,756 123 Commercial and industrial 234 — 985 — Consumer 1,137 2 824 12 Total $ 4,125 $ 78 $ 5,565 $ 135 Troubled Debt Restructurings In situations where, for economic or legal reasons related to a borrower’s financial difficulties, the Company grants a concession for other than an insignificant period of time to the borrower that the Company would not otherwise consider, the related loan is classified as a troubled debt restructuring (“TDR”). The Company strives to identify borrowers in financial difficulty early and work with them to modify their loans to more affordable terms before such loans reach nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. In cases in which the Company grants the borrower new terms that provide for a reduction of either interest or principal, or otherwise include a concession, the Company identifies the loan as a TDR and measures any impairment on the restructuring as previously noted for impaired loans. Loans classified as TDRs, consisting of eighteen credits, totaled approximately $2.4 million at both June 30, 2017 and December 31, 2016 . Eight of the restructured loans were considered TDRs due to modification of terms through adjustments to maturity, nine of the restructured loans were considered TDRs due to a reduction in the interest rate to a rate lower than the current market rate, and one restructured loan was considered a TDR due to modification of terms through principal payment forbearance, paying interest only for a specified period of time. As of June 30, 2017 and December 31, 2016 , all restructured loans were performing under their modified terms. The Company individually evaluates each TDR for allowance purposes, primarily based on collateral value, and excludes these loans from the loan population that is collectively evaluated for impairment. At June 30, 2017 and December 31, 2016 , there were no available balances on loans classified as TDRs that the Company was committed to lend. The table below presents the TDR pre- and post-modification outstanding recorded investments by loan categories for loans modified during the six month periods ended June 30, 2017 and 2016 (dollars in thousands). June 30, 2017 June 30, 2016 Number of Contracts Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Pre- Post- Troubled Debt Restructurings 1-4 Family — $ — $ — 11 $ 789 $ 789 Total $ — $ — $ 789 $ 789 There were no loans modified under TDRs during the previous twelve month period that subsequently defaulted during the three months ended June 30, 2017 and 2016 .

SUBORDINATED DEBT SECURITIES

SUBORDINATED DEBT SECURITIES	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
SUBORDINATED DEBT SECURITIES	SUBORDINATED DEBT SECURITIES On March 24, 2017 , the Company issued and sold $18.6 million in aggregate principal amount of its 6.00% Fixed-to-Floating Rate Subordinated Notes (the “Notes”) due March 30, 2027 . Beginning on March 30, 2022 , the Company may redeem the Notes, in whole or in part, at their principal amount plus any accrued and unpaid interest. The Notes bear an interest rate of 6.00% per annum until March 30, 2022 , on which date the interest rate will reset quarterly to an annual interest rate equal to the then-current LIBOR plus 394.5 basis points. The carrying value of subordinated debt was $18.1 million at June 30, 2017 . The subordinated debt securities were recorded net of issuance costs of $ 0.5 million . The issuance costs are being amortized using the straight-line method over the life of the Notes.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY On March 22, 2017 , the Company completed a common stock offering of 1.6 million shares of its common stock at a price of $21.25 per share. The common stock offering generated net proceeds of $32.5 million . Total stockholders’ equity was $150.8 million at June 30, 2017 , compared to $112.8 million at December 31, 2016 .

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION Equity Incentive Plan. The Company previously granted equity awards to its employees and non-employee directors under its 2014 Long-Term Incentive Compensation Plan (the “2014 Plan”). Effective May 24, 2017, the Company’s shareholders approved its 2017 Long-Term Incentive Compensation Plan (the “Plan”) and ceased using the 2014 Plan. The Plan authorizes the grant of various types of equity grants and awards, such as restricted stock, stock options and stock appreciation rights to eligible participants, which include all of the Company’s employees, non-employee directors, and consultants. The Plan has reserved 600,000 shares of common stock for grant, award or issuance to eligible participants, including shares underlying granted options. The Plan is administered by the Compensation Committee of the Company’s Board of Directors, which determines, within the provisions of the Plan, those eligible employees to whom, and the times at which, grants and awards will be made. The Compensation Committee, in its discretion, may delegate its authority and duties under the Plan to specified officers; however, only the Compensation Committee may approve the terms of grants and awards to the Company’s executive officers and directors. Stock Options The Company uses a Black-Scholes option pricing model to estimate the fair value of share-based awards. The Black-Scholes option pricing model incorporates various and highly subjective assumptions, including expected term and expected volatility. Stock option expense in the accompanying consolidated statements of income for the three and six months ended June 30, 2017 was $57,000 and $108,000 , respectively, and $49,000 and $92,000 for the three and six months ended June 30, 2016 . The assumptions presented below were used for the options granted during the six months ended June 30, 2017 . Expected dividends 0.22 % Expected volatility 20.46 % Risk-free interest rate 2.19 % Expected term (in years) 7.0 Weighted-average grant date fair value $ 5.39 At June 30, 2017 , there was $0.8 million of unrecognized compensation cost related to stock options that is expected to be recognized over a weighted-average period of 3.2 years . The table below summarizes stock option activity for the periods presented. Six months ended June 30, 2017 2016 Number of Options Weighted Average Exercise Price Number of Options Weighted Average Exercise Price Outstanding at beginning of period 319,364 $ 14.37 278,352 $ 14.37 Granted 36,177 20.25 46,512 14.28 Forfeited (5,334 ) 14.00 — — Exercised (15,041 ) 13.45 (1,083 ) 14.00 Outstanding at end of period 335,166 $ 15.05 323,781 $ 14.36 Exercisable at end of period 95,177 $ 14.50 59,134 $ 14.23 At June 30, 2017 , the shares underlying outstanding stock options and exercisable stock options had aggregate intrinsic values of $2.6 million and $0.8 million , respectively. Time Vested Restricted Stock Awards During the six months ended June 30, 2017 and 2016 , the Company issued shares of time vested restricted stock with vesting terms ranging from two to five years . The total share-based compensation expense to be recognized for these awards is determined based on the market price of the Company’s common stock at the grant date applied to the total number of shares awarded and is amortized over the vesting period. The table below summarizes the time vested restricted stock award activity for the periods presented. Six months ended June 30, 2017 2016 Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value Balance at beginning of period 93,366 $ 14.75 60,592 $ 14.85 Granted 52,966 20.10 54,837 14.67 Forfeited (7,836 ) 16.15 (1,157 ) 16.32 Earned and issued (18,422 ) 15.11 (6,991 ) 15.68 Balance at end of period 120,074 $ 16.96 107,281 $ 14.70 At June 30, 2017 , there was $1.1 million of unrecognized compensation cost related to time vested restricted stock awards that is expected to be recognized over a weighted average period of 3.4 years .

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS The Company currently holds interest rate swap contracts to manage exposure against the variability in the expected future cash flows (future interest payments) attributable to changes in the 1-month LIBOR associated with the forecasted issuances of 1-month fixed rate debt arising from a rollover strategy. An interest rate swap is an agreement whereby one party agrees to pay a fixed rate of interest on a notional principal amount in exchange for receiving a floating rate of interest on the same notional amount, for a predetermined period of time, from a second party. The amounts relating to the notional principal amount are not actually exchanged. The maximum length of time over which the Company is currently hedging its exposure to the variability in future cash flows for forecasted transactions is approximately 3.1 years . The total notional amount of the derivative contracts is $50.0 million . For the three and six months ended June 30, 2017 , a loss of $43,000 and a gain of $77,000 , respectively, have been recognized in “Other comprehensive income (loss)” in the accompanying consolidated statements of comprehensive income for the change in fair value of the interest rate swaps compared to losses of $0.2 million and $0.7 million , respectively, recognized for the three and six months ended June 30, 2016 . The swap contracts had a fair value of $0.1 million as of June 30, 2017 and have been recorded in “Other assets” in the accompanying consolidated balance sheet. The accumulated gain of $0.1 million included in “Accumulated other comprehensive loss” in the accompanying consolidated balance sheet would be reclassified to current earnings if the hedge transactions become probable of not occurring. The Company expects the hedges to remain fully effective during the remaining term of the swap contracts.

FAIR VALUES OF FINANCIAL INSTRU

FAIR VALUES OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
FAIR VALUES OF FINANCIAL INSTRUMENTS	FAIR VALUES OF FINANCIAL INSTRUMENTS In accordance with FASB ASC Topic 820, Fair Value Measurement and Disclosure (“ASC 820”), disclosure of fair value information about financial instruments, whether or not recognized in the balance sheet, is required. The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. Fair value is best determined based upon quoted market prices. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows, and the fair value estimates may not be realized in an immediate settlement of the instruments. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may be appropriate. In such instances, determining the price at which willing market participants would transact at the measurement date under current market conditions depends on the facts and circumstances and requires use of significant judgment. The fair value is a reasonable point within the range that is most representative of fair value under current market conditions. Fair Value Hierarchy In accordance with ASC 820, the Company groups its financial assets and financial liabilities measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Level 1 – Valuation is based upon quoted prices for identical assets or liabilities traded in active markets. Level 2 – Valuation is based upon observable inputs other than quoted prices included in level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3 – Valuation is based upon unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies, and similar techniques that use significant unobservable inputs. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following methods and assumptions were used by the Company in estimating fair value disclosures for financial instruments: Cash and Due from Banks – For these short-term instruments, fair value is the carrying value. Cash and due from banks is classified in level 1 of the fair value hierarchy. Federal Funds Sold – The fair value is the carrying value. The Company classifies these assets in level 1 of the fair value hierarchy. Investment Securities and Other Equity Securities – Where quoted prices are available in an active market, the Company classifies the securities within level 1 of the valuation hierarchy. Securities are defined as both long and short positions. Level 1 securities include highly liquid government bonds and exchange-traded equities. If quoted market prices are not available, the Company estimates fair values using pricing models and discounted cash flows that consider standard input factors such as observable market data, benchmark yields, interest rate volatilities, broker/dealer quotes, and credit spreads. Examples of such instruments, which would generally be classified within level 2 of the valuation hierarchy, include Government Sponsored Enterprise obligations, corporate bonds and other securities. Mortgage-backed securities are included in level 2 if observable inputs are available. In certain cases where there is limited activity or less transparency around inputs to the valuation, the Company classifies those securities in level 3. Equity securities are valued based on market quoted prices and are classified in level 1 as they are actively traded. Loans – For variable-rate loans that re-price frequently and with no significant change in credit risk, fair values are based on carrying values. Fair values for certain mortgage loans (for example, one-to-four family residential), credit card loans, and other consumer loans are based on quoted market prices of similar instruments sold in conjunction with securitization transactions, adjusted for differences in loan characteristics. Fair values for other loans (for example, commercial real estate and investment property mortgage loans, commercial and industrial loans) are estimated using discounted cash flow analyses, using market interest rates for comparable loans. Fair values for nonperforming loans, which are loans for which the accrual of interest has stopped or loans that are contractually 90 past due on which interest continues to accrue, are estimated using discounted cash flow analyses or underlying collateral values, where applicable. The Company classifies loans in level 3 of the fair value hierarchy. Deposit Liabilities – The fair values disclosed for noninterest-bearing demand deposits are, by definition, equal to the amount payable on demand at the reporting date (that is, their carrying amounts). These noninterest-bearing deposits are classified in level 2 of the fair value hierarchy. The carrying amounts of variable-rate (for example interest-bearing checking, savings, and money market accounts), fixed-term money market accounts and certificates of deposit approximate their fair values at the reporting date. Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies market interest rates on comparable instruments to a schedule of aggregated expected monthly maturities on time deposits. All interest-bearing deposits are classified in level 3 of the fair value hierarchy. Short-Term Borrowings – The carrying amounts of federal funds purchased, borrowings under repurchase agreements, and other short-term borrowings approximate their fair values. The Company classifies these borrowings in level 2 of the fair value hierarchy. Long-Term Borrowings – The fair values of long-term borrowings are estimated using discounted cash flows analyses based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements. The fair value of the Company’s long-term debt is therefore classified in level 3 in the fair value hierarchy. Subordinated Debt Securities - The fair value of subordinated debt is estimated based on current market rates on similar debt in the market. The Company classifies this debt in level 2 of the fair value hierarchy. Commitments – The fair value of commitments to extend credit was not significant. Derivative Instruments – The fair value for interest rate swap agreements are based upon the amounts required to settle the contracts. These derivative instruments are classified in level 2 of the fair value hierarchy. Fair Value of Assets and Liabilities Measured on a Recurring Basis Assets and liabilities measured at fair value on a recurring basis are summarized in the table below as of the dates indicated (dollars in thousands). Estimated Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) June 30, 2017 Assets: Obligations of other U.S. government agencies $ 50,205 $ — $ 50,205 $ — Obligations of state and political subdivisions 26,183 — 7,270 18,913 Corporate bonds 14,983 — 13,663 1,320 Residential mortgage-backed securities 88,949 — 88,949 — Commercial mortgage-backed securities 2,459 — 2,459 — Equity securities 805 805 — — Derivative financial instruments 127 — 127 — Total assets $ 183,711 $ 805 $ 162,673 $ 20,233 December 31, 2016 Assets: Obligations of other U.S. government agencies $ 29,490 $ — $ 29,490 $ — Obligations of state and political subdivisions 27,855 — 10,199 17,656 Corporate bonds 14,968 — 14,344 624 Residential mortgage-backed securities 87,588 — 87,588 — Commercial mortgage-backed securities 2,444 — 2,444 — Equity securities 706 706 — — Derivative financial instruments 8 — 8 — Total assets $ 163,059 $ 706 $ 144,073 $ 18,280 The Company reviews fair value hierarchy classifications on a quarterly basis. Changes in the Company’s ability to observe inputs to the valuation may cause reclassification of certain assets or liabilities within the fair value hierarchy. The tables below provide a reconciliation for assets measured at fair value on a recurring basis using significant unobservable inputs, or Level 3 inputs, for the three months ended June 30, 2017 and June 30, 2016 (dollars in thousands). Obligations of State and Political Subdivisions Corporate Bonds Total Balance at December 31, 2016 $ 17,656 $ 624 $ 18,280 Realized gains (losses) included in net income — — — Unrealized gains (losses) included in other comprehensive income 1,257 (4 ) 1,253 Purchases — 700 700 Sales — — — Transfers into Level 3 — — — Transfers out of Level 3 — — — Balance at June 30, 2017 $ 18,913 $ 1,320 $ 20,233 Obligations of Corporate Total Balance at December 31, 2015 $ 10,395 $ 1,136 $ 11,531 Realized gains (losses) included in net income — — — Unrealized gains (losses) included in other comprehensive income 562 (33 ) 529 Purchases 8,665 — 8,665 Sales — — — Transfers into Level 3 — — — Transfers out of Level 3 — (485 ) (485 ) Balance at June 30, 2016 $ 19,622 $ 618 $ 20,240 Fair Value of Assets Measured on a Nonrecurring Basis Assets measured at fair value on a nonrecurring basis are summarized in the table below as of the dates indicated (dollars in thousands). Estimated Valuation Technique Unobservable Inputs Range of Discounts Weighted Average Discount June 30, 2017 Impaired loans $ 267 Discounted cash flows, Underlying collateral value Collateral discounts and estimated costs to sell 0% - 100% 27% December 31, 2016 Impaired loans $ 801 Discounted cash flows, Underlying collateral value Collateral discounts and estimated costs to sell 1% - 100% 32% There were no liabilities measured on a nonrecurring basis at June 30, 2017 or December 31, 2016 . The estimated fair values of the Company’s financial instruments are summarized in the table below as of the dates indicated (dollars in thousands). June 30, 2017 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 34,958 $ 34,958 $ 34,958 $ — $ — Federal funds sold 3 3 3 — — Investment securities 203,044 203,002 805 169,196 33,001 Other equity securities 7,025 7,025 — 7,025 — Loans, net of allowance 925,640 925,460 — — 925,460 Derivative financial instruments 127 127 — 127 — Financial liabilities: Deposits, noninterest-bearing $ 130,625 $ 130,625 $ — $ 130,625 $ — Deposits, interest-bearing 764,200 746,231 — — 746,231 FHLB short-term advances and repurchase agreements 127,930 127,930 — 127,930 — FHLB long-term advances 18,100 17,977 — — 17,977 Junior subordinated debt 3,609 2,848 — — 2,848 Subordinated debt 18,600 18,832 — 18,832 — December 31, 2016 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 29,342 $ 29,342 $ 29,342 $ — $ — Federal funds sold 106 106 106 — — Investment securities 183,142 182,663 706 151,128 30,829 Other equity securities 5,362 5,362 — 5,362 — Loans, net of allowance 886,375 890,949 — — 890,949 Derivative financial instruments 8 8 — 8 — Financial liabilities: Deposits, noninterest-bearing $ 108,404 $ 108,404 $ — $ 108,404 $ — Deposits, interest-bearing 799,383 779,397 — — 779,397 FHLB short-term advances and repurchase agreements 112,690 112,690 — 112,690 — FHLB long-term advances 9,200 9,233 — — 9,233 Junior subordinated debt 3,609 3,635 — — 3,635 Other borrowings 1,000 1,001 — 1,001 —

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The expense for income taxes and the effective tax rate included in the consolidated statements of income are shown in the table below for the periods presented (dollars in thousands). Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Income tax expense $ 877 $ 1,005 $ 1,724 $ 2,011 Effective tax rate 31.3 % 33.4 % 31.3 % 33.5 % The effective tax rates differ from the statutory tax rate of 35% largely due to tax exempt interest income earned on certain investment securities.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES The Company is a party to financial instruments with off-balance-sheet risk entered into in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit consisting of loan commitments and standby letters of credit, which are not included in the accompanying financial statements. Commitments to extend credit are agreements to lend money with fixed expiration dates or termination clauses. The Company applies the same credit standards used in the lending process when extending these commitments, and periodically reassesses the customer’s creditworthiness through ongoing credit reviews. Since some commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Collateral is obtained based on the Company’s assessment of the transaction. Essentially all standby letters of credit issued have expiration dates within one year. The table below shows the approximate amounts of the Company’s commitments to extend credit as of the dates presented (dollars in thousands). June 30, 2017 December 31, 2016 Commitments to extend credit Loan commitments $ 119,913 $ 142,891 Standby letters of credit 485 1,008 Additionally, at June 30, 2017 , the Company had unfunded commitments of $0.3 million for its investment in Small Business Investment Company qualified funds During the first quarter of 2017, the Company announced that it has entered into a definitive agreement to acquire Citizens Bancshares, Inc. (“Citizens”) and its wholly-owned subsidiary, Citizens Bank, in Ville Platte, Louisiana, which has three branches in Evangeline Parish. The acquisition transactions were completed on July 1, 2017. The Company’s acquisition of Citizens, which is the first acquisition since the completion of its initial public offering, expands its branch footprint in Louisiana. Consequently, the Company recognized approximately $80,000 and $225,000 of expenses related to the acquisition for the three and six months ended June 30, 2017 , respectively, which is included in noninterest expense on the consolidated statements of income.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On July 1, 2017, the Company completed the acquisition of Citizens, and its wholly-owned subsidiary, Citizens Bank, located in Evangeline Parish, further expanding its footprint in Louisiana. The Company paid an aggregate amount of cash consideration equal to $45.8 million , or approximately $419.20 in exchange for each share of Citizens common stock that was outstanding immediately prior to the effective time of the acquisition. At June 30, 2017, Citizens had approximately $250 million in assets, $130 million in net loans, $212 million in deposits and $36 million in stockholders’ equity, and served the residents of Evangeline Parish through its three branch locations. On August 4, 2017, the Company entered into an Agreement and Plan of Reorganization (the “Merger Agreement”) with BOJ Bancshares, Inc. (“BOJ”), the parent company for The Highlands Bank, Jackson, Louisiana, and Investar Interim Corporation, a Louisiana corporation and wholly-owned subsidiary of Investar Bank (“Merger Subsidiary”). The Merger Agreement provides for the merger of BOJ with and into the Merger Subsidiary, with the Merger Subsidiary as the surviving corporation, followed by the merger of the Merger Subsidiary with and into Investar Bank, with Investar Bank as the surviving corporation. Promptly following the holding company mergers, The Highlands Bank will merge with and into Investar Bank. The Merger Agreement provides for consideration to be paid to the shareholders of BOJ in the form of cash and shares of the Company’s common stock. Shareholders of BOJ will be entitled to receive an aggregate amount of cash consideration equal to $3.95 million , subject to certain adjustments. Shareholders of BOJ will also be entitled to receive an aggregate of 799,559 shares of the Company’s common stock, subject to adjustment based upon fluctuations in the Company’s average closing price for the ten consecutive trading days prior to the closing date. The transaction is valued at approximately $22.1 million based upon the closing price of the Company’s common stock of $22.65 on August 4, 2017. The value of the merger consideration will fluctuate upon changes in the Company’s stock price, and is subject to potential adjustments more fully described in the Merger Agreement. It is expected that shareholders of BOJ will own approximately 9% of the combined company following the acquisition. At June 30, 2017, BOJ had approximately $150 million in assets, $104 million in net loans, $123 million in deposits and $17 million in stockholders’ equity. Highlands Bank offers a full range of banking products and services to the residents of East Feliciana, West Feliciana, and East Baton Rouge Parishes through its five branch locations.

SUMMARY OF SIGNIFICANT ACCOUN23

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of Investar Holding Corporation (the “Company”) have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include information or footnotes necessary for a complete presentation of financial position, results of operations, and cash flows in conformity with GAAP. However, in the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the financial statements have been included. The results of operations for the three and six month periods ended June 30, 2017 are not necessarily indicative of the results that may be expected for the entire fiscal year. These statements should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2016 , including the notes thereto, which were included as part of the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 9, 2017.
Nature of Operations	Nature of Operations Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank (the “Bank”), a Louisiana-chartered bank. The Company’s primary market is South Louisiana. At June 30, 2017 , the Company operated 12 full service banking offices located throughout its market and had 157 employees
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could be material. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses. Such agencies may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the allowance for loan losses may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated. Other estimates that are susceptible to significant change in the near term relate to the determination of other-than-temporary impairments of securities and the fair value of financial instruments.
Investment Securities	Investment Securities The Company’s investments in securities are accounted for in accordance with applicable guidance contained in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), which requires the classification of securities into one of the following categories: • Securities to be held to maturity (“HTM”): bonds, notes, and debentures for which the Company has the positive intent and ability to hold to maturity are reported at cost, adjusted for premiums and discounts that are recognized in interest income using the interest method over the period to maturity. • Securities available for sale (“AFS”): available for sale securities consist of bonds, notes, and debentures that are available to meet the Company’s operating needs. These securities are reported at fair value. Unrealized holding gains and losses, net of tax, on available for sale securities are reported as a net amount in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Realized gains and losses on the sale of investment securities are determined using the specific-identification method. The Company follows FASB guidance related to the recognition and presentation of other-than-temporary impairment. The guidance specifies that if an entity does not have the intent to sell a debt security prior to recovery, the security would not be considered other-than-temporarily impaired unless there is a credit loss. When an entity does not intend to sell the security, and it is more likely than not that the entity will not have to sell the security before recovery of its cost basis, it will recognize the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income.
Reclassifications	Reclassifications Certain reclassifications have been made to the 2016 financial statements to be consistent with the 2017 presentation.
Concentrations of Credit Risk	Concentrations of Credit Risk The Company’s loan portfolio consists of the various types of loans described in Note 4, Loans. Real estate or other assets secure most loans. The majority of loans have been made to individuals and businesses in the Company’s market of South Louisiana. Customers are dependent on the condition of the local economy for their livelihoods and servicing their loan obligations. The Company does not have any significant concentrations in any one industry or individual customer.
Recent Accounting Pronouncements	New Accounting Pronouncement Accounting Standards Update (“ASU”) 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting was effective for the Company on January 1, 2017. ASU 2016-09 requires that all income tax effects related to vestings of share-based payment awards be reported in earnings as an increase (or decrease) to income tax expense. Previously, excess income tax benefits of a vested award were reported as an increase (or decrease) to additional paid-in capital to the extent that those benefits were greater than (or less than) the income tax benefits recognized in earnings during the award’s vesting period. The requirement to report those income tax effects in earnings has been applied to vestings occurring on or after January 1, 2017 and resulted in recording a $57,000 tax benefit for the six months ended June 30, 2017. ASU 2016-09 also requires that all income tax-related cash flows resulting from share-based payments be reported as operating activities in the statement of cash flows. We have elected to apply that change in cash flow classification on a prospective basis. The impact of this change and that of the remaining provisions of ASU 2016-09 did not have significant impact on our financial statements. Recent Accounting Pronouncements FASB ASC Topic 718 “Compensation – Stock Compensation: Scope of Modification Accounting” Update No. 2017-09. The Financial Accounting Standards Board (“FASB”) issued ASU No. 2017-09 in May 2017. The ASU clarifies when changes to terms or conditions of a share-based payment award must be accounted for as a modification. Under the new guidance, an entity will not apply modification accounting to a share-based payment award if all of the following are the same immediately before and after the change: (i) the fair value of the award, (ii) the vesting conditions of the award, and (iii) the classification of the award as either an equity or liability instrument. ASU 2017-09 will be effective for the Company beginning January 1, 2018. Early adoption is permitted. The guidance requires companies to apply the requirements prospectively to awards modified on or after the adoption date. ASU 2017-09 is not expected to have a significant impact on the Company’s consolidated financial statements. FASB ASC Subtopic 310-20 “Receivables – Nonrefundable Fees and Other Costs, Premium Amortization on Purchased Callable Debt Securities” Update No. 2017-08. The FASB issued ASU No. 2017-08 in March 2017. The amendments in the ASU shorten the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. Update 2017-08 will be effective for the Company beginning January 1, 2019. Early adoption is permitted, including adoption in an interim period. If an entity early adopts in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. The amendments should be applied on a modified retrospective basis, with a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The Company is assessing the impact of ASU 2017-08 on its accounting and disclosures. FASB ASC Topic 350 “Intangibles – Goodwill and Other: Simplifying the Test for Goodwill Impairment” Update No. 2017-04. The FASB issued ASU No. 2017-04 in January 2017. The ASU simplifies how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Therefore, any carrying amount which exceeds the reporting unit’s fair value, up to the amount of goodwill recorded, will be recognized as an impairment loss. ASU 2017-04 will be effective for the Company on January 1, 2020. The amendments will be applied prospectively on or after the effective date. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. Based on recent goodwill impairments tests, which did not require the application of Step 2, the Company does not expect the adoption of this ASU to have an immediate impact. FASB ASC Topic 805 “Business Combinations: Clarifying the Definition of a Business” Update No. 2017-01. The FASB issued ASU No. 2017-01 in January 2017. The amendments in the ASU are intended to clarify the definition and the current interpretation of a business to assist companies and other reporting organizations with evaluating whether transactions should be accounted for as acquisitions or disposals of assets or businesses. The ASU will be effective for the Company beginning January 1, 2018. The amendments will be applied prospectively on or after the effective date. Early application of the amendments in this ASU is allowed for transactions, including when a subsidiary or group of assets is deconsolidated/derecognized, in which the acquisition date occurs before the issuance date or effective date of the amendments, only when the transaction has not been reported in financial statements that have been issued or made available for issuance. The adoption of this standard is not expected to have a material impact on the Company’s financial statements. FASB ASC Topic 230 “Statement of Cash Flows – Classification of Certain Cash Receipts and Cash Payments” Update No. 2016-15. The FASB issued ASU No. 2016-15 in August 2016. The amendments in the ASU address eight specific cash flow issues with the objective of reducing the existing diversity in practice, as the issues are either unclear or do not have specific guidance under current GAAP. ASU 2016-15 will be effective on January 1, 2018. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. FASB ASC Topic 326 “Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments” Update No. 2016-13. The FASB issued ASU No. 2016-13 in June 2016. The amendments introduce an impairment model that is based on expected credit losses, rather than incurred losses, to estimate credit losses on certain types of financial instruments (e.g., loans and held-to-maturity securities), including certain off-balance sheet financial instruments (e.g., loan commitments). The expected credit losses should consider historical information, current information, and reasonable and supportable forecasts, including estimates of prepayments, over the contractual term. Financial instruments with similar risk characteristics may be grouped together when estimating expected credit losses. The ASU also amends the current AFS security impairment model for debt securities. The new model will require an estimate of expected credit losses when the fair value is below the amortized cost of the asset through the use of an allowance to record estimated credit losses (and subsequent recoveries). Non-credit related losses will continue to be recognized through other comprehensive income. In addition, the amendments provide for a simplified accounting model for purchased financial assets with a more-than-insignificant amount of credit deterioration since their origination. The initial estimate of expected credit losses would be recognized through an allowance for loan losses with an offset (i.e., increase) to the cost basis of the related financial asset at acquisition. ASU 2016-13 will be effective for the Company beginning January 1, 2020. The amendments will be applied through a modified-retrospective approach, resulting in a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. A prospective transition approach is required for debt securities for which other-than-temporary impairment had been recognized before the effective date. Amounts previously recognized in accumulated other comprehensive income as of the date of adoption that relate to improvements in cash flows expected to be collected should continue to be accreted into income over the remaining life of the asset. Recoveries of amounts previously written off relating to improvements in cash flows after the date of adoption should be recorded in earnings when received. Management is currently evaluating the potential impact of ASU 2016-13 on the Company’s consolidated financial statements. FASB ASC Topic 825 “Financial Instruments – Overall” Update No. 2016-1. The FASB issued ASU No. 2016-1 in January 2016 to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The ASU will not change the guidance for classifying and measuring investments in debt securities or loans; however, it will impact how entities measure certain equity investments, recognize changes in the fair value of financial liabilities measured under the fair value option that are attributable to instrument-specific credit risk, and disclose and present financial assets and liabilities in financial statements. The main provisions require investments in equity securities to be measured at fair value through net income, unless they qualify for a new practicability exception, the equity method of accounting, or consolidation, and require fair value changes arising from changes in instrument-specific credit risk for financial liabilities that are measured under the fair value option to be recognized in other comprehensive income. The amendments will also require entities to present financial assets and financial liabilities separately, grouped by measurement category and form of financial asset in the statement of financial position or in the accompanying notes to the financial statements. Entities will also no longer have to disclose the methods and significant assumptions for financial instruments measured at amortized cost, but will be required to measure such instruments under the “exit price” notion for disclosure purposes. The amendments in this ASU are effective for the Company beginning January 1, 2018. The Company will record a cumulative-effect adjustment to beginning retained earnings as of the beginning of the first reporting period in which the guidance is adopted, with two exceptions. The amendments related to equity investments without readily determinable fair values will be effective prospectively. The requirement to use the exit price notion to measure fair value of financial instruments for disclosure purposes will also be applied prospectively. The Company does not expect a significant cumulative-effect adjustment to be recorded at adoption or any significant impact to the consolidated financial statements associated with the accounting for its current equity investments. The Company does anticipate financial statement disclosures to be impacted, specifically related to financial instruments measured at amortized cost whose fair values are disclosed under the “entry price” notion, but is currently still in the process of determining the impact. FASB ASC Topic 606 “Revenue from Contracts with Customers” Update No. 2014-9. The FASB issued ASU No. 2014-9 in May 2014 which implements a common revenue standard and clarifies the principles used for recognizing revenue. The amendments in the ASU clarify that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. As part of that principle, the entity should identify the contract(s) with the customer, identify the performance obligation(s) of the contract, determine the transaction price, allocate that transaction price to the performance obligation(s), and then recognize revenue when or as the entity satisfies the performance obligation(s). The amendments also provide additional guidance/principles associated with gross vs. net presentation (i.e., principal versus agency considerations). The amendments in ASU No. 2014-9 will be effective for the Company beginning January 1, 2018. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that annual reporting period. The amendments will be applied through the election of one of two retrospective methods. The Company intends to adopt the amendments beginning January 1, 2018 through the modified-retrospective transition method and does not expect to recognize a significant cumulative adjustment to equity upon implementation of the standard. Further, the Company does not expect a significant impact to the Company’s consolidated statements of comprehensive income or consolidated balance sheets from either a presentation or timing perspective, but is still analyzing some contracts.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Common Share	The following is a summary of the information used in the computation of basic and diluted earnings per share for the three and six months ended June 30, 2017 and 2016 (in thousands, except share data). Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Net income $ 1,923 $ 2,005 $ 3,787 $ 3,995 Weighted average number of common shares outstanding used in computation of basic earnings per share 8,685,980 7,158,532 7,950,049 7,176,545 Effect of dilutive securities: Restricted stock 27,045 15,298 20,557 12,705 Stock options 43,640 14,715 34,478 14,752 Stock warrants 23,963 11,231 22,212 11,249 Weighted average number of common shares outstanding plus effect of dilutive securities used in computation of diluted earnings per share 8,780,628 7,199,776 8,027,296 7,215,251 Basic earnings per share $ 0.22 $ 0.28 $ 0.48 $ 0.56 Diluted earnings per share $ 0.22 $ 0.28 $ 0.47 $ 0.55

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Schedule of Amortized Cost and Approximate Fair Value of Investment Securities Classified as Available for Sale	Proceeds from sales of investment securities available for sale and gross gains and losses are summarized below as of the dates presented (dollars in thousands). Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Proceeds from sale $ 8,724 $ 4,978 $ 19,049 $ 8,418 Gross gains $ 141 $ 144 $ 248 $ 224 Gross losses $ (32 ) $ — $ (33 ) $ — The amortized cost and approximate fair value of investment securities classified as available for sale are summarized below as of the dates presented (dollars in thousands). Amortized Cost Gross Unrealized Gains Gross Fair Value June 30, 2017 Obligations of other U.S. government agencies and corporations $ 50,477 $ 96 $ (368 ) $ 50,205 Obligations of state and political subdivisions 26,596 20 (433 ) 26,183 Corporate bonds 15,264 55 (336 ) 14,983 Residential mortgage-backed securities 89,457 166 (674 ) 88,949 Commercial mortgage-backed securities 2,494 6 (41 ) 2,459 Equity securities 833 12 (40 ) 805 Total $ 185,121 $ 355 $ (1,892 ) $ 183,584 Amortized Cost Gross Gross Fair December 31, 2016 Obligations of other U.S. government agencies and corporations $ 29,809 $ 68 $ (387 ) $ 29,490 Obligations of state and political subdivisions 29,631 15 (1,791 ) 27,855 Corporate bonds 15,292 54 (378 ) 14,968 Residential mortgage-backed securities 88,295 193 (900 ) 87,588 Commercial mortgage-backed securities 2,520 — (76 ) 2,444 Equity securities 711 46 (51 ) 706 Total $ 166,258 $ 376 $ (3,583 ) $ 163,051
Schedule of Amortized Cost and Approximate Fair Value of Investment Securities Classified as Held to Maturity	The amortized cost and approximate fair value of investment securities classified as held to maturity are summarized below as of the dates presented (dollars in thousands). Amortized Cost Gross Gross Fair June 30, 2017 Obligations of state and political subdivisions $ 12,763 $ 12 $ (7 ) $ 12,768 Residential mortgage-backed securities 6,697 7 (54 ) 6,650 Total $ 19,460 $ 19 $ (61 ) $ 19,418 Amortized Cost Gross Gross Fair December 31, 2016 Obligations of state and political subdivisions $ 12,976 $ 2 $ (429 ) $ 12,549 Residential mortgage-backed securities 7,115 8 (60 ) 7,063 Total $ 20,091 $ 10 $ (489 ) $ 19,612
Schedule of Unrealized Losses and Fair Value by Investment Category for Securities Available for Sale	The number of securities available for sale, fair value, and unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are summarized below as of the dates presented (dollars in thousands). Less than 12 Months 12 Months or More Total Count Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized June 30, 2017 Obligations of other U.S. government agencies and corporations 59 $ 34,362 $ (368 ) $ 435 $ — $ 34,797 $ (368 ) Obligations of state and political subdivisions 15 13,797 (120 ) 8,352 (313 ) 22,149 (433 ) Corporate bonds 23 1,934 (66 ) 7,402 (270 ) 9,336 (336 ) Residential mortgage-backed securities 109 59,174 (657 ) 2,890 (17 ) 62,064 (674 ) Commercial mortgage-backed securities 3 1,436 (41 ) — — 1,436 (41 ) Equity securities 2 208 (14 ) 480 (26 ) 688 (40 ) Total 211 $ 110,911 $ (1,266 ) $ 19,559 $ (626 ) $ 130,470 $ (1,892 ) Less than 12 Months 12 Months or More Total Count Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized December 31, 2016 Obligations of other U.S. government agencies and corporations 45 $ 22,819 $ (382 ) $ 448 $ (5 ) $ 23,267 $ (387 ) Obligations of state and political subdivisions 33 25,764 (1,791 ) — — 25,764 (1,791 ) Corporate bonds 27 3,724 (132 ) 6,929 (246 ) 10,653 (378 ) Residential mortgage-backed securities 110 60,433 (883 ) 1,778 (17 ) 62,211 (900 ) Commercial mortgage-backed securities 4 2,444 (76 ) — — 2,444 (76 ) Equity securities 3 50 (4 ) 492 (47 ) 542 (51 ) Total 222 $ 115,234 $ (3,268 ) $ 9,647 $ (315 ) $ 124,881 $ (3,583 )
Schedule of Weighted Average Tax Equivalent Yield, Amortized Cost and Approximate Fair Value of Investment Debt Securities by Contractual Maturity (Including Mortgage-backed Securities)	The weighted average tax equivalent yield, amortized cost and approximate fair value of debt securities, by contractual maturity (including mortgage-backed securities), are shown below as of the dates presented. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties (dollars in thousands). Securities Available for Sale Securities Held to Maturity Weighted Average T.E. Yield Amortized Cost Fair Value Weighted Amortized Fair June 30, 2017 Due within one year 2.19 % $ 922 $ 919 7.17 % $ 685 $ 686 Due after one year through five years 2.31 10,410 10,405 7.17 3,095 3,101 Due after five years through ten years 2.84 25,448 25,118 7.17 2,745 2,750 Due after ten years 2.49 147,508 146,337 3.52 12,935 12,881 Total debt securities $ 184,288 $ 182,779 $ 19,460 $ 19,418 Securities Available for Sale Securities Held to Maturity Weighted Amortized Fair Weighted Amortized Fair December 31, 2016 Due within one year 1.61 % $ 1,753 $ 1,750 7.17 % $ 685 $ 686 Due after one year through five years 2.27 10,509 10,476 7.17 3,095 3,089 Due after five years through ten years 2.77 27,173 26,771 7.17 2,745 2,637 Due after ten years 2.51 126,112 123,348 3.52 13,566 13,200 Total debt securities $ 165,547 $ 162,345 $ 20,091 $ 19,612
Held to Maturity [Member]
Schedule of Unrealized Losses and Fair Value by Investment Category for Securities Held to Maturity	Less than 12 Months 12 Months or More Total Count Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized June 30, 2017 Obligations of state and political subdivisions 1 $ 6,231 $ (7 ) $ — $ — $ 6,231 $ (7 ) Residential mortgage-backed securities 6 4,442 (54 ) — — 4,442 (54 ) Total 7 $ 10,673 $ (61 ) $ — $ — $ 10,673 $ (61 ) Less than 12 Months 12 Months or More Total Count Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized December 31, 2016 Obligations of state and political subdivisions 5 $ 9,597 $ (429 ) $ — $ — $ 9,597 $ (429 ) Residential mortgage-backed securities 6 4,677 (60 ) — — 4,677 (60 ) Total 11 $ 14,274 $ (489 ) $ — $ — $ 14,274 $ (489 )

LOANS (Tables)

LOANS (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of Loan Portfolio Excluding Loans Held for Sale	The Company’s loan portfolio consists of the following categories of loans as of the dates presented (dollars in thousands). June 30, 2017 December 31, 2016 Construction and development $ 109,627 $ 90,737 1-4 Family 177,979 177,205 Multifamily 46,109 42,759 Farmland 8,006 8,207 Commercial real estate 408,523 380,716 Total mortgage loans on real estate 750,244 699,624 Commercial and industrial 98,837 85,377 Consumer 83,879 108,425 Total loans $ 932,960 $ 893,426
Schedule of Aging Analysis of Loans	The table below provides an analysis of the aging of loans as of the dates presented (dollars in thousands). June 30, 2017 Past Due and Accruing 30-59 days 60-89 days 90 or more days Nonaccrual Total Past Due & Nonaccrual Current Total Loans Construction and development $ — $ — $ — $ 30 $ 30 $ 109,597 $ 109,627 1-4 Family 50 112 — 46 208 177,771 177,979 Multifamily — — — — — 46,109 46,109 Farmland — — — — — 8,006 8,006 Commercial real estate 29 — — — 29 408,494 408,523 Total mortgage loans on real estate 79 112 — 76 267 749,977 750,244 Commercial and industrial 49 — — 26 75 98,762 98,837 Consumer 311 142 1 1,063 1,517 82,362 83,879 Total loans $ 439 $ 254 $ 1 $ 1,165 $ 1,859 $ 931,101 $ 932,960 December 31, 2016 Past Due and Accruing 30-59 days 60-89 days 90 or more days Nonaccrual Total Past Due & Nonaccrual Current Total Loans Construction and development $ 48 $ — $ — $ 480 $ 528 $ 90,209 $ 90,737 1-4 Family 427 — — 47 474 176,731 177,205 Multifamily — — — — — 42,759 42,759 Farmland — — — — — 8,207 8,207 Commercial real estate — — — — — 380,716 380,716 Total mortgage loans on real estate 475 — — 527 1,002 698,622 699,624 Commercial and industrial 30 — — 443 473 84,904 85,377 Consumer 378 149 1 1,008 1,536 106,889 108,425 Total loans $ 883 $ 149 $ 1 $ 1,978 $ 3,011 $ 890,415 $ 893,426
Summary of the Company's Loan Portfolio by Category and Credit Quality Indicator	The table below presents the Company’s loan portfolio by category and credit quality indicator as of the dates presented (dollars in thousands). June 30, 2017 Pass Special Mention Substandard Total Construction and development $ 109,578 $ — $ 49 $ 109,627 1-4 Family 177,888 — 91 177,979 Multifamily 45,259 — 850 46,109 Farmland 8,006 — — 8,006 Commercial real estate 407,956 — 567 408,523 Total mortgage loans on real estate 748,687 — 1,557 750,244 Commercial and industrial 96,358 — 2,479 98,837 Consumer 82,420 396 1,063 83,879 Total loans $ 927,465 $ 396 $ 5,099 $ 932,960 December 31, 2016 Pass Special Mention Substandard Total Construction and development $ 90,238 $ — $ 499 $ 90,737 1-4 Family 177,091 20 94 177,205 Multifamily 42,759 — — 42,759 Farmland 8,207 — — 8,207 Commercial real estate 380,716 — — 380,716 Total mortgage loans on real estate 699,011 20 593 699,624 Commercial and industrial 83,215 59 2,103 85,377 Consumer 106,916 501 1,008 108,425 Total loans $ 889,142 $ 580 $ 3,704 $ 893,426
Schedule of Aggregate Amount of Loans to Related Parties	The table below shows the aggregate amount of loans to such related parties as of the dates presented (dollars in thousands). June 30, 2017 December 31, 2016 Balance, beginning of period $ 19,957 $ 17,992 New loans 9,252 5,058 Repayments and changes in relationship (2,135 ) (3,093 ) Balance, end of period $ 27,074 $ 19,957
Summary of Accretable Yield on Acquired Impaired Loans	The table below shows the changes in the accretable yield on acquired impaired loans for the periods presented (dollars in thousands). Acquired Balance, period ended December 31, 2015 $ 395 Net transfers from (to) nonaccretable difference to (from) accretable yield 1 Accretion to interest income (121 ) Balance, period ended December 31, 2016 $ 275 Loan disposals (250 ) Accretion to interest income (25 ) Balance, period ended June 30, 2017 $ —

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of Allowance for Loan Losses	The table below shows a summary of the activity in the allowance for loan losses for the three and six months ended June 30, 2017 and 2016 (dollars in thousands). Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Balance, beginning of period $ 7,243 $ 6,463 $ 7,051 $ 6,128 Provision for loan losses 375 800 725 1,254 Loans charged off (314 ) (180 ) (480 ) (336 ) Recoveries 16 8 24 45 Balance, end of period $ 7,320 $ 7,091 $ 7,320 $ 7,091
Summary of Allowance for Loan Losses	The following tables outline the activity in the allowance for loan losses by collateral type for the three and six months ended June 30, 2017 and 2016 , and show both the allowances and portfolio balances for loans individually and collectively evaluated for impairment as of June 30, 2017 and 2016 (dollars in thousands). Three months ended June 30, 2017 Construction & Farmland 1-4 Multifamily Commercial Commercial & Consumer Total Allowance for loan losses: Beginning balance $ 694 $ 54 $ 1,237 $ 374 $ 2,908 $ 744 $ 1,232 $ 7,243 Provision 101 — 38 (13 ) 128 132 (11 ) 375 Charge-offs — — — — — (193 ) (121 ) (314 ) Recoveries 11 — 1 — — — 4 16 Ending balance $ 806 $ 54 $ 1,276 $ 361 $ 3,036 $ 683 $ 1,104 $ 7,320 Three months ended June 30, 2016 Construction & Farmland 1-4 Multifamily Commercial Commercial & Consumer Total Allowance for loan losses: Beginning balance $ 729 $ 46 $ 1,257 $ 279 $ 2,292 $ 550 $ 1,310 $ 6,463 Provision 54 15 22 31 138 478 62 800 Charge-offs (7 ) — — — — — (173 ) (180 ) Recoveries 3 — 1 — — — 4 8 Ending balance $ 779 $ 61 $ 1,280 $ 310 $ 2,430 $ 1,028 $ 1,203 $ 7,091 Six months ended June 30, 2017 Construction & Farmland 1-4 Multifamily Commercial Commercial & Consumer Total Allowance for loan losses: Beginning balance $ 579 $ 60 $ 1,377 $ 355 $ 2,499 $ 759 $ 1,422 $ 7,051 Provision 213 (6 ) (103 ) 6 537 117 (39 ) 725 Charge-offs — — — — — (193 ) (287 ) (480 ) Recoveries 14 — 2 — — — 8 24 Ending balance $ 806 $ 54 $ 1,276 $ 361 $ 3,036 $ 683 $ 1,104 $ 7,320 Ending allowance balance for loans individually evaluated for impairment — — — — — — 297 297 Ending allowance balance for loans collectively evaluated for impairment $ 806 $ 54 $ 1,276 $ 361 $ 3,036 $ 683 $ 807 $ 7,023 Ending allowance balance for loans acquired with deteriorated credit quality $ — $ — $ — $ — $ — $ — $ — $ — Loans receivable: Balance of loans individually evaluated for impairment $ 189 $ — $ 1,651 $ — $ 595 $ 26 $ 1,063 $ 3,524 Balance of loans collectively evaluated for impairment 109,438 8,006 176,328 46,109 407,928 98,811 82,816 929,436 Total period-end balance $ 109,627 $ 8,006 $ 177,979 $ 46,109 $ 408,523 $ 98,837 $ 83,879 $ 932,960 Balance of loans acquired with deteriorated credit quality $ 207 $ — $ 483 $ 1,035 $ — $ — $ — $ 1,725 Six months ended June 30, 2016 Construction & Farmland 1-4 Multifamily Commercial Commercial & Consumer Total Allowance for loan losses: Beginning balance $ 644 $ 22 $ 1,213 $ 246 $ 2,156 $ 513 $ 1,334 $ 6,128 Provision 143 39 66 64 273 495 174 1,254 Charge-offs (14 ) — (7 ) — — — (315 ) (336 ) Recoveries 6 — 8 — 1 20 10 45 Ending balance $ 779 $ 61 $ 1,280 $ 310 $ 2,430 $ 1,028 $ 1,203 $ 7,091 Ending allowance balance for loans individually evaluated for impairment — — — — — 500 238 738 Ending allowance balance for loans collectively evaluated for impairment $ 779 $ 61 $ 1,280 $ 310 $ 2,430 $ 528 $ 965 $ 6,353 Ending allowance balance for loans acquired with deteriorated credit quality $ — $ — $ — $ — $ — $ — $ — $ — Loans receivable: Balance of loans individually evaluated for impairment $ 1,207 $ — $ 2,146 $ — $ 890 $ 2,775 $ 938 $ 7,956 Balance of loans collectively evaluated for impairment 99,873 8,343 164,632 37,300 331,416 72,328 95,622 809,514 Total period-end balance $ 101,080 $ 8,343 $ 166,778 $ 37,300 $ 332,306 $ 75,103 $ 96,560 $ 817,470 Balance of loans acquired with deteriorated credit quality $ 682 $ — $ 804 $ 1,043 $ — $ — $ 36 $ 2,565
Schedule of Aging Analysis of Loans	The following tables include the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable, as of the dates indicated. The Company determined the specific allowance based on the present values of expected future cash flows, discounted at the loan’s effective interest rate, except when the remaining source of repayment for the loan is the operation or liquidation of the collateral. In those cases, the current fair value of the collateral, less estimated selling cost, was used to determine the specific allowance recorded (dollars in thousands). June 30, 2017 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 189 $ 207 $ — 1-4 Family 1,651 1,680 — Commercial real estate 595 610 — Total mortgage loans on real estate 2,435 2,497 — Commercial and industrial 26 26 — Consumer 145 162 — Total 2,606 2,685 — With related allowance recorded: Consumer 918 948 297 Total 918 948 297 Total loans: Construction and development 189 207 — 1-4 Family 1,651 1,680 — Commercial real estate 595 610 — Total mortgage loans on real estate 2,435 2,497 — Commercial and industrial 26 26 — Consumer 1,063 1,110 297 Total $ 3,524 $ 3,633 $ 297 December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 645 $ 661 $ — 1-4 Family 1,673 1,701 — Commercial real estate 608 623 — Total mortgage loans on real estate 2,926 2,985 — Commercial and industrial 15 16 Consumer 153 166 — Total 3,094 3,167 — With related allowance recorded: Commercial and industrial 428 430 136 Consumer 855 873 287 Total 1,283 1,303 423 Total loans: Construction and development 645 661 — 1-4 Family 1,673 1,701 — Commercial real estate 608 623 — Total mortgage loans on real estate 2,926 2,985 — Commercial and industrial 443 446 136 Consumer 1,008 1,039 287 Total $ 4,377 $ 4,470 $ 423 Presented in the tables below is the average recorded investment of the impaired loans and the related amount of interest income recognized during the time within the period that the loans were impaired. The average balances are calculated based on the month-end balances of the loans during the periods reported (dollars in thousands). Three months ended June 30, 2017 2016 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Construction and development $ 339 $ 1 $ 1,209 $ 67 1-4 Family 1,655 26 2,037 26 Commercial real estate 599 25 712 2 Total mortgage loans on real estate 2,593 52 3,958 95 Commercial and industrial 26 — 1,294 — Consumer 234 — 246 5 Total 2,853 52 5,498 100 With related allowance recorded: Commercial and industrial — — 662 — Consumer 891 — 626 2 Total 891 — 1,288 2 Total loans: Construction and development 339 1 1,209 67 1-4 Family 1,655 26 2,037 26 Commercial real estate 599 25 712 2 Total mortgage loans on real estate 2,593 52 3,958 95 Commercial and industrial 26 — 1,956 — Consumer 1,125 — 872 7 Total $ 3,744 $ 52 $ 6,786 $ 102 Six months ended June 30, 2017 2016 Average Interest Average Interest With no related allowance recorded: Construction and development $ 490 $ 6 $ 1,217 $ 77 1-4 Family 1,661 43 1,870 43 Commercial real estate 603 27 669 3 Total mortgage loans on real estate 2,754 76 3,756 123 Commercial and industrial 234 — 654 — Consumer 300 1 330 7 Total 3,288 77 4,740 130 With related allowance recorded: Commercial and industrial — — 331 — Consumer 837 1 494 5 Total 837 1 825 5 Total loans: Construction and development 490 6 1,217 77 1-4 Family 1,661 43 1,870 43 Commercial real estate 603 27 669 3 Total mortgage loans on real estate 2,754 76 3,756 123 Commercial and industrial 234 — 985 — Consumer 1,137 2 824 12 Total $ 4,125 $ 78 $ 5,565 $ 135
Summary of TDR Pre- and Post-modification Outstanding Recorded Investments by Loan Categories	The table below presents the TDR pre- and post-modification outstanding recorded investments by loan categories for loans modified during the six month periods ended June 30, 2017 and 2016 (dollars in thousands). June 30, 2017 June 30, 2016 Number of Contracts Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Pre- Post- Troubled Debt Restructurings 1-4 Family — $ — $ — 11 $ 789 $ 789 Total $ — $ — $ 789 $ 789

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Assumptions Used for Option Awards Granted	The assumptions presented below were used for the options granted during the six months ended June 30, 2017 . Expected dividends 0.22 % Expected volatility 20.46 % Risk-free interest rate 2.19 % Expected term (in years) 7.0 Weighted-average grant date fair value $ 5.39
Schedule of Stock Option Activity	The table below summarizes stock option activity for the periods presented. Six months ended June 30, 2017 2016 Number of Options Weighted Average Exercise Price Number of Options Weighted Average Exercise Price Outstanding at beginning of period 319,364 $ 14.37 278,352 $ 14.37 Granted 36,177 20.25 46,512 14.28 Forfeited (5,334 ) 14.00 — — Exercised (15,041 ) 13.45 (1,083 ) 14.00 Outstanding at end of period 335,166 $ 15.05 323,781 $ 14.36 Exercisable at end of period 95,177 $ 14.50 59,134 $ 14.23
Time Vested Restricted Stock Award Activity	The table below summarizes the time vested restricted stock award activity for the periods presented. Six months ended June 30, 2017 2016 Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value Balance at beginning of period 93,366 $ 14.75 60,592 $ 14.85 Granted 52,966 20.10 54,837 14.67 Forfeited (7,836 ) 16.15 (1,157 ) 16.32 Earned and issued (18,422 ) 15.11 (6,991 ) 15.68 Balance at end of period 120,074 $ 16.96 107,281 $ 14.70

FAIR VALUES OF FINANCIAL INST29

FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and liabilities measured at fair value on a recurring basis are summarized in the table below as of the dates indicated (dollars in thousands). Estimated Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) June 30, 2017 Assets: Obligations of other U.S. government agencies $ 50,205 $ — $ 50,205 $ — Obligations of state and political subdivisions 26,183 — 7,270 18,913 Corporate bonds 14,983 — 13,663 1,320 Residential mortgage-backed securities 88,949 — 88,949 — Commercial mortgage-backed securities 2,459 — 2,459 — Equity securities 805 805 — — Derivative financial instruments 127 — 127 — Total assets $ 183,711 $ 805 $ 162,673 $ 20,233 December 31, 2016 Assets: Obligations of other U.S. government agencies $ 29,490 $ — $ 29,490 $ — Obligations of state and political subdivisions 27,855 — 10,199 17,656 Corporate bonds 14,968 — 14,344 624 Residential mortgage-backed securities 87,588 — 87,588 — Commercial mortgage-backed securities 2,444 — 2,444 — Equity securities 706 706 — — Derivative financial instruments 8 — 8 — Total assets $ 163,059 $ 706 $ 144,073 $ 18,280
Summary of Assets Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs	The tables below provide a reconciliation for assets measured at fair value on a recurring basis using significant unobservable inputs, or Level 3 inputs, for the three months ended June 30, 2017 and June 30, 2016 (dollars in thousands). Obligations of State and Political Subdivisions Corporate Bonds Total Balance at December 31, 2016 $ 17,656 $ 624 $ 18,280 Realized gains (losses) included in net income — — — Unrealized gains (losses) included in other comprehensive income 1,257 (4 ) 1,253 Purchases — 700 700 Sales — — — Transfers into Level 3 — — — Transfers out of Level 3 — — — Balance at June 30, 2017 $ 18,913 $ 1,320 $ 20,233 Obligations of Corporate Total Balance at December 31, 2015 $ 10,395 $ 1,136 $ 11,531 Realized gains (losses) included in net income — — — Unrealized gains (losses) included in other comprehensive income 562 (33 ) 529 Purchases 8,665 — 8,665 Sales — — — Transfers into Level 3 — — — Transfers out of Level 3 — (485 ) (485 ) Balance at June 30, 2016 $ 19,622 $ 618 $ 20,240
Summary of Assets Measured at Fair Value on a Nonrecurring Basis	Assets measured at fair value on a nonrecurring basis are summarized in the table below as of the dates indicated (dollars in thousands). Estimated Valuation Technique Unobservable Inputs Range of Discounts Weighted Average Discount June 30, 2017 Impaired loans $ 267 Discounted cash flows, Underlying collateral value Collateral discounts and estimated costs to sell 0% - 100% 27% December 31, 2016 Impaired loans $ 801 Discounted cash flows, Underlying collateral value Collateral discounts and estimated costs to sell 1% - 100% 32%
Summary of Estimated Fair Values of Company's Financial Instruments	The estimated fair values of the Company’s financial instruments are summarized in the table below as of the dates indicated (dollars in thousands). June 30, 2017 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 34,958 $ 34,958 $ 34,958 $ — $ — Federal funds sold 3 3 3 — — Investment securities 203,044 203,002 805 169,196 33,001 Other equity securities 7,025 7,025 — 7,025 — Loans, net of allowance 925,640 925,460 — — 925,460 Derivative financial instruments 127 127 — 127 — Financial liabilities: Deposits, noninterest-bearing $ 130,625 $ 130,625 $ — $ 130,625 $ — Deposits, interest-bearing 764,200 746,231 — — 746,231 FHLB short-term advances and repurchase agreements 127,930 127,930 — 127,930 — FHLB long-term advances 18,100 17,977 — — 17,977 Junior subordinated debt 3,609 2,848 — — 2,848 Subordinated debt 18,600 18,832 — 18,832 — December 31, 2016 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 29,342 $ 29,342 $ 29,342 $ — $ — Federal funds sold 106 106 106 — — Investment securities 183,142 182,663 706 151,128 30,829 Other equity securities 5,362 5,362 — 5,362 — Loans, net of allowance 886,375 890,949 — — 890,949 Derivative financial instruments 8 8 — 8 — Financial liabilities: Deposits, noninterest-bearing $ 108,404 $ 108,404 $ — $ 108,404 $ — Deposits, interest-bearing 799,383 779,397 — — 779,397 FHLB short-term advances and repurchase agreements 112,690 112,690 — 112,690 — FHLB long-term advances 9,200 9,233 — — 9,233 Junior subordinated debt 3,609 3,635 — — 3,635 Other borrowings 1,000 1,001 — 1,001 —

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Summary of Expense for Income Taxes and Effective Tax Rate Included in Consolidated Statement of Operations	The expense for income taxes and the effective tax rate included in the consolidated statements of income are shown in the table below for the periods presented (dollars in thousands). Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Income tax expense $ 877 $ 1,005 $ 1,724 $ 2,011 Effective tax rate 31.3 % 33.4 % 31.3 % 33.5 %

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Summary of Commitments to Extend Credit	The table below shows the approximate amounts of the Company’s commitments to extend credit as of the dates presented (dollars in thousands). June 30, 2017 December 31, 2016 Commitments to extend credit Loan commitments $ 119,913 $ 142,891 Standby letters of credit 485 1,008

SUMMARY OF SIGNIFICANT ACCOUN32

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail)	Jun. 30, 2017EmployeeBank
Accounting Policies [Abstract]
Number of full service banking offices | Bank	12
Number of employees | Employee	157

EARNINGS PER SHARE - Computatio

EARNINGS PER SHARE - Computation of Basic and Diluted Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Earnings Per Share Basic And Diluted [Line Items]
Net income	$ 1,923	$ 2,005	$ 3,787	$ 3,995	$ 7,880
Weighted average number of common shares outstanding used in computation of basic earnings per share	8,685,980	7,158,532	7,950,049	7,176,545
Effect of dilutive securities:
Weighted average number of common shares outstanding plus effect of dilutive securities used in computation of diluted earnings per share	8,780,628	7,199,776	8,027,296	7,215,251
Basic earnings per share (in dollars per share)	$ 0.22	$ 0.28	$ 0.48	$ 0.56
Diluted earnings per share (in dollars per share)	$ 0.22	$ 0.28	$ 0.47	$ 0.55
Restricted Stock [Member]
Effect of dilutive securities:
Effect of dilutive securities	27,045	15,298	20,557	12,705
Stock Options [Member]
Effect of dilutive securities:
Effect of dilutive securities	43,640	14,715	34,478	14,752
Stock Warrants [Member]
Effect of dilutive securities:
Effect of dilutive securities	23,963	11,231	22,212	11,249

INVESTMENT SECURITIES - Schedul

INVESTMENT SECURITIES - Schedule of Amortized Cost and Approximate Fair Value of Investment Securities Classified as Available for Sale (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	$ 185,121	$ 166,258
Gross unrealized gains	355	376
Gross unrealized losses	(1,892)	(3,583)
Fair value	183,584	163,051
Obligations of other U.S. government agencies and corporations [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	50,477	29,809
Gross unrealized gains	96	68
Gross unrealized losses	(368)	(387)
Fair value	50,205	29,490
Obligations of state and political subdivisions [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	26,596	29,631
Gross unrealized gains	20	15
Gross unrealized losses	(433)	(1,791)
Fair value	26,183	27,855
Corporate bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	15,264	15,292
Gross unrealized gains	55	54
Gross unrealized losses	(336)	(378)
Fair value	14,983	14,968
Residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	89,457	88,295
Gross unrealized gains	166	193
Gross unrealized losses	(674)	(900)
Fair value	88,949	87,588
Commercial mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	2,494	2,520
Gross unrealized gains	6	0
Gross unrealized losses	(41)	(76)
Fair value	2,459	2,444
Equity securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	833	711
Gross unrealized gains	12	46
Gross unrealized losses	(40)	(51)
Fair value	$ 805	$ 706

INVESTMENT SECURITIES - Sched35

INVESTMENT SECURITIES - Schedules of Proceeds from Sale of Investment Securities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Proceeds from sale	$ 8,724	$ 4,978	$ 19,049	$ 8,418
Gross gains	141	144	248	224
Gross losses	$ (32)	$ 0	$ (33)	$ 0

INVESTMENT SECURITIES - Sched36

INVESTMENT SECURITIES - Schedule of Amortized Cost and Approximate Fair Value of Investment Securities Classified as Held to Maturity (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	$ 19,460	$ 20,091
Gross unrealized gains	19	10
Gross unrealized losses	(61)	(489)
Fair value	19,418	19,612
Obligations of state and political subdivisions [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	12,763	12,976
Gross unrealized gains	12	2
Gross unrealized losses	(7)	(429)
Fair value	12,768	12,549
Residential mortgage-backed securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	6,697	7,115
Gross unrealized gains	7	8
Gross unrealized losses	(54)	(60)
Fair value	$ 6,650	$ 7,063

INVESTMENT SECURITIES - Sched37

INVESTMENT SECURITIES - Schedule of Unrealized Losses and Fair Value by Investment Category for Securities Available for Sale (Detail) $ in Thousands	Jun. 30, 2017USD ($)Security	Dec. 31, 2016USD ($)Security
Schedule of Available-for-sale Securities [Line Items]
Count | Security	211	222
Less than 12 months fair value	$ 110,911	$ 115,234
Less than 12 Months unrealized losses	(1,266)	(3,268)
12 months or more fair value	19,559	9,647
12 months or more unrealized losses	(626)	(315)
Total fair value	130,470	124,881
Unrealized losses	$ (1,892)	$ (3,583)
Obligations of other U.S. government agencies and corporations [Member]
Schedule of Available-for-sale Securities [Line Items]
Count | Security	59	45
Less than 12 months fair value	$ 34,362	$ 22,819
Less than 12 Months unrealized losses	(368)	(382)
12 months or more fair value	435	448
12 months or more unrealized losses	0	(5)
Total fair value	34,797	23,267
Unrealized losses	$ (368)	$ (387)
Obligations of state and political subdivisions [Member]
Schedule of Available-for-sale Securities [Line Items]
Count | Security	15	33
Less than 12 months fair value	$ 13,797	$ 25,764
Less than 12 Months unrealized losses	(120)	(1,791)
12 months or more fair value	8,352	0
12 months or more unrealized losses	(313)	0
Total fair value	22,149	25,764
Unrealized losses	$ (433)	$ (1,791)
Corporate bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Count | Security	23	27
Less than 12 months fair value	$ 1,934	$ 3,724
Less than 12 Months unrealized losses	(66)	(132)
12 months or more fair value	7,402	6,929
12 months or more unrealized losses	(270)	(246)
Total fair value	9,336	10,653
Unrealized losses	$ (336)	$ (378)
Residential mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Count | Security	109	110
Less than 12 months fair value	$ 59,174	$ 60,433
Less than 12 Months unrealized losses	(657)	(883)
12 months or more fair value	2,890	1,778
12 months or more unrealized losses	(17)	(17)
Total fair value	62,064	62,211
Unrealized losses	$ (674)	$ (900)
Commercial mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Count | Security	3	4
Less than 12 months fair value	$ 1,436	$ 2,444
Less than 12 Months unrealized losses	(41)	(76)
12 months or more fair value	0	0
12 months or more unrealized losses	0	0
Total fair value	1,436	2,444
Unrealized losses	$ (41)	$ (76)
Equity securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Count | Security	2	3
Less than 12 months fair value	$ 208	$ 50
Less than 12 Months unrealized losses	(14)	(4)
12 months or more fair value	480	492
12 months or more unrealized losses	(26)	(47)
Total fair value	688	542
Unrealized losses	$ (40)	$ (51)

INVESTMENT SECURITIES - Sched38

INVESTMENT SECURITIES - Schedule of Unrealized Losses and Fair Value by Investment Category for Securities Held to Maturity (Detail) $ in Thousands	Jun. 30, 2017USD ($)Security	Dec. 31, 2016USD ($)Security
Schedule of Held-to-maturity Securities [Line Items]
Count | Security	7	11
Less than 12 months, fair value	$ 10,673	$ 14,274
Less than 12 months, unrealized losses	(61)	(489)
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Total, fair value	10,673	14,274
Total, unrealized losses	$ (61)	$ (489)
Obligations of state and political subdivisions [Member]
Schedule of Held-to-maturity Securities [Line Items]
Count | Security	1	5
Less than 12 months, fair value	$ 6,231	$ 9,597
Less than 12 months, unrealized losses	(7)	(429)
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Total, fair value	6,231	9,597
Total, unrealized losses	$ (7)	$ (429)
Residential mortgage-backed securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Count | Security	6	6
Less than 12 months, fair value	$ 4,442	$ 4,677
Less than 12 months, unrealized losses	(54)	(60)
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Total, fair value	4,442	4,677
Total, unrealized losses	$ (54)	$ (60)

INVESTMENT SECURITIES - Sched39

INVESTMENT SECURITIES - Schedule of Amortized Cost and Approximate Fair Value of Investment Debt Securities by Contractual Maturity (Including Mortgage-backed Securities) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Weighted Average T.E. Yield [Abstract]
Weighted average T.E. yield of securities available-for-sale, due within one year	2.19%	1.61%
Weighted average T.E. yield of securities available-for-sale, due after one year through five years	2.31%	2.27%
Weighted average T.E. yield of securities available-for-sale, due after five years through ten years	2.84%	2.77%
Weighted average T.E. yield of securities available-for-sale, due after ten years	2.49%	2.51%
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis [Abstract]
Amortized cost of securities available-for-sale, due within one year	$ 922	$ 1,753
Amortized cost of securities available-for-sale, due after one year through five years	10,410	10,509
Amortized cost of securities available-for-sale, due after five years through ten years	25,448	27,173
Amortized cost of securities available-for-sale, due after ten years	147,508	126,112
Amortized cost of total debt securities	184,288	165,547
Available-for-sale Securities, Debt Maturities, Single Maturity Date [Abstract]
Fair value of securities available-for-sale, due within one year	919	1,750
Fair value of securities available-for-sale, due after one year through five years	10,405	10,476
Fair value of securities available-for-sale, due after five years through ten years	25,118	26,771
Fair value of securities available-for-sale, due after ten years	146,337	123,348
Fair value of total debt securities available-for-sale	$ 182,779	$ 162,345
Held-to-Maturity Securities, Debt Maturities, Single Maturity Date, Weighted Average T.E. Yield [Abstract]
Weighted average T.E. yield of securities held-to-maturity, due within one year	7.17%	7.17%
Weighted average T.E. yield of securities held-to-maturity, due after one year through five years	7.17%	7.17%
Weighted average T.E. yield of securities held-to-maturity, due after five years through ten years	7.17%	7.17%
Weighted average T.E. yield of securities held-to-maturity, due after ten years	3.52%	3.52%
Held-to-maturity Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis [Abstract]
Amortized cost of securities held-to-maturity, due within one year	$ 685	$ 685
Amortized cost of securities held-to-maturity, due after one year through five years	3,095	3,095
Amortized cost of securities held-to-maturity, due after five years through ten years	2,745	2,745
Amortized cost of securities held-to-maturity, due after ten years	12,935	13,566
Amortized cost	19,460	20,091
Held-to-maturity Securities, Debt Maturities, Single Maturity Date, Fair Value [Abstract]
Fair value of securities held-to-maturity, due within one year	686	686
Fair value of securities held-to-maturity, due after one year through five years	3,101	3,089
Fair value of securities held-to-maturity, due after five years through ten years	2,750	2,637
Fair value of securities held-to-maturity, due after ten years	12,881	13,200
Fair value of total debt securities held-to-maturity	$ 19,418	$ 19,612

INVESTMENT SECURITIES - Additio

INVESTMENT SECURITIES - Additional Information (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Securities classified as trading securities	$ 0	$ 0
Held to maturity securities with gross unrealized losses	$ 61,000	$ 489,000

LOANS - Schedule of Loan Portfo

LOANS - Schedule of Loan Portfolio Excluding Loans Held for Sale (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 932,960	$ 893,426	$ 817,470
Mortgage Loans on Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	750,244	699,624
Mortgage Loans on Real Estate [Member] | Construction and development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	109,627	90,737	101,080
Mortgage Loans on Real Estate [Member] | 1-4 Family residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	177,979	177,205	166,778
Mortgage Loans on Real Estate [Member] | Multifamily [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	46,109	42,759	37,300
Mortgage Loans on Real Estate [Member] | Farmland [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	8,006	8,207	8,343
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	408,523	380,716	332,306
Commercial and industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	98,837	85,377	75,103
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 83,879	$ 108,425	$ 96,560

LOANS - Schedule of Aging Analy

LOANS - Schedule of Aging Analysis of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	$ 1,165	$ 1,978
Total past due & nonaccrual	1,859	3,011
Current	931,101	890,415
Total Loans	932,960	893,426	$ 817,470
30-59 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	439	883
60-89 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	254	149
90 or more days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	1	1
Mortgage Loans on Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	76	527
Total past due & nonaccrual	267	1,002
Current	749,977	698,622
Total Loans	750,244	699,624
Mortgage Loans on Real Estate [Member] | 30-59 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	79	475
Mortgage Loans on Real Estate [Member] | 60-89 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	112	0
Mortgage Loans on Real Estate [Member] | 90 or more days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Construction and development [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	30	480
Total past due & nonaccrual	30	528
Current	109,597	90,209
Total Loans	109,627	90,737	101,080
Mortgage Loans on Real Estate [Member] | Construction and development [Member] | 30-59 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	48
Mortgage Loans on Real Estate [Member] | Construction and development [Member] | 60-89 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Construction and development [Member] | 90 or more days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | 1-4 Family residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	46	47
Total past due & nonaccrual	208	474
Current	177,771	176,731
Total Loans	177,979	177,205	166,778
Mortgage Loans on Real Estate [Member] | 1-4 Family residential [Member] | 30-59 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	50	427
Mortgage Loans on Real Estate [Member] | 1-4 Family residential [Member] | 60-89 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	112	0
Mortgage Loans on Real Estate [Member] | 1-4 Family residential [Member] | 90 or more days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	0	0
Total past due & nonaccrual	0	0
Current	46,109	42,759
Total Loans	46,109	42,759	37,300
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | 30-59 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | 60-89 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Multifamily [Member] | 90 or more days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Farmland [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	0	0
Total past due & nonaccrual	0	0
Current	8,006	8,207
Total Loans	8,006	8,207	8,343
Mortgage Loans on Real Estate [Member] | Farmland [Member] | 30-59 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Farmland [Member] | 60-89 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Farmland [Member] | 90 or more days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	0	0
Total past due & nonaccrual	29	0
Current	408,494	380,716
Total Loans	408,523	380,716	332,306
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member] | 30-59 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	29	0
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member] | 60-89 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member] | 90 or more days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Commercial and industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	26	443
Total past due & nonaccrual	75	473
Current	98,762	84,904
Total Loans	98,837	85,377	75,103
Commercial and industrial [Member] | 30-59 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	49	30
Commercial and industrial [Member] | 60-89 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Commercial and industrial [Member] | 90 or more days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	0	0
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	1,063	1,008
Total past due & nonaccrual	1,517	1,536
Current	82,362	106,889
Total Loans	83,879	108,425	$ 96,560
Consumer [Member] | 30-59 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	311	378
Consumer [Member] | 60-89 days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	142	149
Consumer [Member] | 90 or more days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due and accruing	$ 1	$ 1

LOANS - Summary of the Company'

LOANS - Summary of the Company's Loan Portfolio by Category and Credit Quality Indicator (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Financing Receivable, Recorded Investment [Line Items]
Total Loans	$ 932,960	$ 893,426	$ 817,470
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	927,465	889,142
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	396	580
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	5,099	3,704
Mortgage Loans on Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	750,244	699,624
Mortgage Loans on Real Estate [Member] | Construction and development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	109,627	90,737	101,080
Mortgage Loans on Real Estate [Member] | 1-4 Family residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	177,979	177,205	166,778
Mortgage Loans on Real Estate [Member] | Farmland [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	8,006	8,207	8,343
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	408,523	380,716	332,306
Mortgage Loans on Real Estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	748,687	699,011
Mortgage Loans on Real Estate [Member] | Pass [Member] | Construction and development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	109,578	90,238
Mortgage Loans on Real Estate [Member] | Pass [Member] | 1-4 Family residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	177,888	177,091
Mortgage Loans on Real Estate [Member] | Pass [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	45,259	42,759
Mortgage Loans on Real Estate [Member] | Pass [Member] | Farmland [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	8,006	8,207
Mortgage Loans on Real Estate [Member] | Pass [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	407,956	380,716
Mortgage Loans on Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	20
Mortgage Loans on Real Estate [Member] | Special Mention [Member] | Construction and development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Mortgage Loans on Real Estate [Member] | Special Mention [Member] | 1-4 Family residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	20
Mortgage Loans on Real Estate [Member] | Special Mention [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Mortgage Loans on Real Estate [Member] | Special Mention [Member] | Farmland [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Mortgage Loans on Real Estate [Member] | Special Mention [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Mortgage Loans on Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,557	593
Mortgage Loans on Real Estate [Member] | Substandard [Member] | Construction and development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	49	499
Mortgage Loans on Real Estate [Member] | Substandard [Member] | 1-4 Family residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	91	94
Mortgage Loans on Real Estate [Member] | Substandard [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	850	0
Mortgage Loans on Real Estate [Member] | Substandard [Member] | Farmland [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	0
Mortgage Loans on Real Estate [Member] | Substandard [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	567	0
Commercial and industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	98,837	85,377	75,103
Commercial and industrial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	96,358	83,215
Commercial and industrial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	0	59
Commercial and industrial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	2,479	2,103
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	83,879	108,425	$ 96,560
Consumer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	82,420	106,916
Consumer [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	396	501
Consumer [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	$ 1,063	$ 1,008

LOANS - Schedule of Aggregate A

LOANS - Schedule of Aggregate Amount of Loans to Related Parties (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, beginning of period	$ 19,957	$ 17,992
New loans	9,252	5,058
Repayments and changes in relationship	(2,135)	(3,093)
Balance, end of period	$ 27,074	$ 19,957

LOANS - Summary of Accretable Y

LOANS - Summary of Accretable Yield on Acquired Impaired Loans (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Beginning balance	$ 275	$ 395
Net transfers from (to) nonaccretable difference to (from) accretable yield		1
Loan disposals	(250)
Accretion to interest income	(25)	(121)
Ending Balance	$ 0	$ 275

LOANS - Additional Information

LOANS - Additional Information (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 932,960,000	$ 893,426,000	$ 817,470,000
Non-accrual	1,165,000	1,978,000
Balances of loans sold to and serviced for others	223,500,000	274,900,000
Unpaid principal balances of loans sold to and serviced for others	274,000,000	319,600,000
Loan outstanding to related parties	27,074,000	19,957,000		$ 17,992,000
Doubtful or Loss [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	0	0
30-59 days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due and accruing	$ 439,000	$ 883,000

ALLOWANCE FOR LOAN LOSSES - Sch

ALLOWANCE FOR LOAN LOSSES - Schedule of Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Allowance for loan losses:
Balance, beginning of period	$ 7,243	$ 6,463	$ 7,051	$ 6,128
Provision for loan losses	375	800	725	1,254
Loans charged off	(314)	(180)	(480)	(336)
Recoveries	16	8	24	45
Balance, end of period	$ 7,320	$ 7,091	$ 7,320	$ 7,091

ALLOWANCE FOR LOAN LOSSES - Sum

ALLOWANCE FOR LOAN LOSSES - Summary of Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Allowance for loan losses:
Balance, beginning of period	$ 7,243	$ 6,463	$ 7,051	$ 6,128
Provision	(375)	(800)	(725)	(1,254)
Charge-offs	(314)	(180)	(480)	(336)
Recoveries	16	8	24	45
Balance, end of period	7,320	7,091	7,320	7,091
Ending allowance balance for loans individually evaluated for impairment	297	738	297	738
Ending allowance balance for loans collectively evaluated for impairment	7,023	6,353	7,023	6,353
Loans receivable:
Balance of loans individually evaluated for impairment	3,524	7,956	3,524	7,956
Balance of loans collectively evaluated for impairment	929,436	809,514	929,436	809,514
Total Loans	932,960	817,470	932,960	817,470	$ 893,426
Balance of loans acquired with deteriorated credit quality	1,725	2,565	1,725	2,565
Mortgage Loans on Real Estate [Member]
Loans receivable:
Total Loans	750,244		750,244		699,624
Mortgage Loans on Real Estate [Member] | Construction and development [Member]
Allowance for loan losses:
Balance, beginning of period	694	729	579	644
Provision	(101)	(54)	(213)	(143)
Charge-offs	0	(7)	0	(14)
Recoveries	11	3	14	6
Balance, end of period	806	779	806	779
Ending allowance balance for loans individually evaluated for impairment	0	0	0	0
Ending allowance balance for loans collectively evaluated for impairment	806	779	806	779
Loans receivable:
Balance of loans individually evaluated for impairment	189	1,207	189	1,207
Balance of loans collectively evaluated for impairment	109,438	99,873	109,438	99,873
Total Loans	109,627	101,080	109,627	101,080	90,737
Balance of loans acquired with deteriorated credit quality	207	682	207	682
Mortgage Loans on Real Estate [Member] | Farmland [Member]
Allowance for loan losses:
Balance, beginning of period	54	46	60	22
Provision	0	(15)	6	(39)
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	54	61	54	61
Ending allowance balance for loans individually evaluated for impairment	0	0	0	0
Ending allowance balance for loans collectively evaluated for impairment	54	61	54	61
Loans receivable:
Balance of loans individually evaluated for impairment	0	0	0	0
Balance of loans collectively evaluated for impairment	8,006	8,343	8,006	8,343
Total Loans	8,006	8,343	8,006	8,343	8,207
Balance of loans acquired with deteriorated credit quality	0	0	0	0
Mortgage Loans on Real Estate [Member] | 1-4 Family residential [Member]
Allowance for loan losses:
Balance, beginning of period	1,237	1,257	1,377	1,213
Provision	(38)	(22)	103	(66)
Charge-offs	0	0	0	(7)
Recoveries	1	1	2	8
Balance, end of period	1,276	1,280	1,276	1,280
Ending allowance balance for loans individually evaluated for impairment	0	0	0	0
Ending allowance balance for loans collectively evaluated for impairment	1,276	1,280	1,276	1,280
Loans receivable:
Balance of loans individually evaluated for impairment	1,651	2,146	1,651	2,146
Balance of loans collectively evaluated for impairment	176,328	164,632	176,328	164,632
Total Loans	177,979	166,778	177,979	166,778	177,205
Balance of loans acquired with deteriorated credit quality	483	804	483	804
Mortgage Loans on Real Estate [Member] | Multifamily [Member]
Allowance for loan losses:
Balance, beginning of period	374	279	355	246
Provision	13	(31)	(6)	(64)
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Balance, end of period	361	310	361	310
Ending allowance balance for loans individually evaluated for impairment	0	0	0	0
Ending allowance balance for loans collectively evaluated for impairment	361	310	361	310
Loans receivable:
Balance of loans individually evaluated for impairment	0	0	0	0
Balance of loans collectively evaluated for impairment	46,109	37,300	46,109	37,300
Total Loans	46,109	37,300	46,109	37,300	42,759
Balance of loans acquired with deteriorated credit quality	1,035	1,043	1,035	1,043
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member]
Allowance for loan losses:
Balance, beginning of period	2,908	2,292	2,499	2,156
Provision	(128)	(138)	(537)	(273)
Charge-offs	0	0	0	0
Recoveries	0	0	0	1
Balance, end of period	3,036	2,430	3,036	2,430
Ending allowance balance for loans individually evaluated for impairment	0	0	0	0
Ending allowance balance for loans collectively evaluated for impairment	3,036	2,430	3,036	2,430
Loans receivable:
Balance of loans individually evaluated for impairment	595	890	595	890
Balance of loans collectively evaluated for impairment	407,928	331,416	407,928	331,416
Total Loans	408,523	332,306	408,523	332,306	380,716
Balance of loans acquired with deteriorated credit quality	0	0	0	0
Commercial and industrial [Member]
Allowance for loan losses:
Balance, beginning of period	744	550	759	513
Provision	(132)	(478)	(117)	(495)
Charge-offs	(193)	0	(193)	0
Recoveries	0	0	0	20
Balance, end of period	683	1,028	683	1,028
Ending allowance balance for loans individually evaluated for impairment	0	500	0	500
Ending allowance balance for loans collectively evaluated for impairment	683	528	683	528
Loans receivable:
Balance of loans individually evaluated for impairment	26	2,775	26	2,775
Balance of loans collectively evaluated for impairment	98,811	72,328	98,811	72,328
Total Loans	98,837	75,103	98,837	75,103	85,377
Balance of loans acquired with deteriorated credit quality	0	0	0	0
Consumer [Member]
Allowance for loan losses:
Balance, beginning of period	1,232	1,310	1,422	1,334
Provision	11	(62)	39	(174)
Charge-offs	(121)	(173)	(287)	(315)
Recoveries	4	4	8	10
Balance, end of period	1,104	1,203	1,104	1,203
Ending allowance balance for loans individually evaluated for impairment	297	238	297	238
Ending allowance balance for loans collectively evaluated for impairment	807	965	807	965
Loans receivable:
Balance of loans individually evaluated for impairment	1,063	938	1,063	938
Balance of loans collectively evaluated for impairment	82,816	95,622	82,816	95,622
Total Loans	83,879	96,560	83,879	96,560	$ 108,425
Balance of loans acquired with deteriorated credit quality	$ 0	$ 36	$ 0	$ 36

ALLOWANCE FOR LOAN LOSSES - S49

ALLOWANCE FOR LOAN LOSSES - Summary of Recorded Investment and Unpaid Principal Balance for Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Financing Receivable Impaired [Line Items]
With no related allowance recorded investment	$ 2,606		$ 2,606		$ 3,094
With no related allowance recorded unpaid principal balance	2,685		2,685		3,167
With related allowance recorded investment	918		918		1,283
With related allowance recorded unpaid principal balance	948		948		1,303
Related allowance	297		297		423
Total recorded investment	3,524		3,524		4,377
Total loans unpaid principal balance	3,633		3,633		4,470
With no related allowance average recorded investment	2,853	$ 5,498	3,288	$ 4,740
With no related allowance recorded interest income recognized	52	100	77	130
With related allowance average recorded investment	891	1,288	837	825
With related allowance recorded interest income recognized	0	2	1	5
Total loans average recorded investment	3,744	6,786	4,125	5,565
Total loans interest income recognized	52	102	78	135
Mortgage Loans on Real Estate [Member]
Financing Receivable Impaired [Line Items]
With no related allowance recorded investment	2,435		2,435		2,926
With no related allowance recorded unpaid principal balance	2,497		2,497		2,985
Related allowance	0		0		0
Total recorded investment	2,435		2,435		2,926
Total loans unpaid principal balance	2,497		2,497		2,985
With no related allowance average recorded investment	2,593	3,958	2,754	3,756
With no related allowance recorded interest income recognized	52	95	76	123
Total loans average recorded investment	2,593	3,958	2,754	3,756
Total loans interest income recognized	52	95	76	123
Mortgage Loans on Real Estate [Member] | Construction and development [Member]
Financing Receivable Impaired [Line Items]
With no related allowance recorded investment	189		189		645
With no related allowance recorded unpaid principal balance	207		207		661
Related allowance	0		0		0
Total recorded investment	189		189		645
Total loans unpaid principal balance	207		207		661
With no related allowance average recorded investment	339	1,209	490	1,217
With no related allowance recorded interest income recognized	1	67	6	77
Total loans average recorded investment	339	1,209	490	1,217
Total loans interest income recognized	1	67	6	77
Mortgage Loans on Real Estate [Member] | 1-4 Family residential [Member]
Financing Receivable Impaired [Line Items]
With no related allowance recorded investment	1,651		1,651		1,673
With no related allowance recorded unpaid principal balance	1,680		1,680		1,701
Related allowance	0		0		0
Total recorded investment	1,651		1,651		1,673
Total loans unpaid principal balance	1,680		1,680		1,701
With no related allowance average recorded investment	1,655	2,037	1,661	1,870
With no related allowance recorded interest income recognized	26	26	43	43
Total loans average recorded investment	1,655	2,037	1,661	1,870
Total loans interest income recognized	26	26	43	43
Mortgage Loans on Real Estate [Member] | Commercial Real Estate [Member]
Financing Receivable Impaired [Line Items]
With no related allowance recorded investment	595		595		608
With no related allowance recorded unpaid principal balance	610		610		623
Related allowance	0		0		0
Total recorded investment	595		595		608
Total loans unpaid principal balance	610		610		623
With no related allowance average recorded investment	599	712	603	669
With no related allowance recorded interest income recognized	25	2	27	3
Total loans average recorded investment	599	712	603	669
Total loans interest income recognized	25	2	27	3
Commercial and industrial [Member]
Financing Receivable Impaired [Line Items]
With no related allowance recorded investment	26		26		15
With no related allowance recorded unpaid principal balance	26		26		16
With related allowance recorded investment					428
With related allowance recorded unpaid principal balance					430
Related allowance	0		0		136
Total recorded investment	26		26		443
Total loans unpaid principal balance	26		26		446
With no related allowance average recorded investment	26	1,294	234	654
With no related allowance recorded interest income recognized	0	0	0	0
With related allowance average recorded investment	0	662	0	331
With related allowance recorded interest income recognized	0	0	0	0
Total loans average recorded investment	26	1,956	234	985
Total loans interest income recognized	0	0	0	0
Consumer [Member]
Financing Receivable Impaired [Line Items]
With no related allowance recorded investment	145		145		153
With no related allowance recorded unpaid principal balance	162		162		166
With related allowance recorded investment	918		918		855
With related allowance recorded unpaid principal balance	948		948		873
Related allowance	297		297		287
Total recorded investment	1,063		1,063		1,008
Total loans unpaid principal balance	1,110		1,110		$ 1,039
With no related allowance average recorded investment	234	246	300	330
With no related allowance recorded interest income recognized	0	5	1	7
With related allowance average recorded investment	891	626	837	494
With related allowance recorded interest income recognized	0	2	1	5
Total loans average recorded investment	1,125	872	1,137	824
Total loans interest income recognized	$ 0	$ 7	$ 2	$ 12

ALLOWANCE FOR LOAN LOSSES - S50

ALLOWANCE FOR LOAN LOSSES - Summary of TDR Pre- and Post-modification Outstanding Recorded Investments by Loan Categories (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)SecurityLoanContract	Jun. 30, 2016USD ($)Contract
Financing Receivable Modifications [Line Items]
Number of Contracts | SecurityLoan	18
Pre- Modification Outstanding Recorded Investment	$ 0	$ 789
Post- Modification Outstanding Recorded Investment	$ 0	$ 789
Mortgage Loans on Real Estate [Member] | 1-4 Family residential [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Contract	0	11
Pre- Modification Outstanding Recorded Investment	$ 0	$ 789
Post- Modification Outstanding Recorded Investment	$ 0	$ 789

ALLOWANCE FOR LOAN LOSSES - Add

ALLOWANCE FOR LOAN LOSSES - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)SecurityLoan	Dec. 31, 2016USD ($)
Financing Receivable Modifications [Line Items]
Number of loans under troubled debt restructurings			18
Recorded investment or loans under troubled debt restructurings | $	$ 2,400,000		$ 2,400,000	$ 2,400,000
Loans modified under troubled debt restructurings during previous twelve month period that subsequently defaulted | $	$ 0	$ 0
Troubled Debt Restructuring, Adjustments to Maturity [Member]
Financing Receivable Modifications [Line Items]
Number of loans under troubled debt restructurings			8
Troubled Debt Restructuring, Reduction in Interest Rate [Member]
Financing Receivable Modifications [Line Items]
Number of loans under troubled debt restructurings			9
Nonaccrual [Member]
Financing Receivable Modifications [Line Items]
Number of loans under troubled debt restructurings			1

SUBORDINATED DEBT SECURITIES -

SUBORDINATED DEBT SECURITIES - Additional Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Mar. 24, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Subordinated debt	$ 18,145,000		$ 0
Subordinated Debt [Member]
Debt Instrument [Line Items]
Issuance of debt		$ 18,600,000
Interest rate		6.00%
Subordinated debt	$ 18,100,000
Debt issuance costs		$ 500,000
London Interbank Offered Rate (LIBOR) [Member] | Subordinated Debt [Member]
Debt Instrument [Line Items]
Basis points	3.945%

STOCKHOLDRES' EQUITY (Details)

STOCKHOLDRES' EQUITY (Details) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions	Mar. 22, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Proceeds from public offering of common stock, net of issuance costs		$ 32,509	$ 0
Stockholders' equity		$ 150,796		$ 112,757	$ 109,350
Common Stock [Member]
Class of Stock [Line Items]
Stock issued (in shares)	1.6
Share price (usd per share)	$ 21.25
Proceeds from public offering of common stock, net of issuance costs	$ 32,500

STOCK-BASED COMPENSATION - Sche

STOCK-BASED COMPENSATION - Schedule of Assumptions Used for Option Awards Granted (Detail)	6 Months Ended
	Jun. 30, 2017$ / shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Expected dividends	0.22%
Expected volatility	20.46%
Risk-free interest rate	2.19%
Expected term (in years)	7 years
Weighted-average grant date fair value	$ 5.39

STOCK-BASED COMPENSATION - Sc55

STOCK-BASED COMPENSATION - Schedule of Stock Options Activity (Detail) - Stock Options [Member] - $ / shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Stock Options, Shares
Outstanding at beginning of period, number of options	319,364	278,352
Granted, number of options	36,177	46,512
Forfeited, number of options	(5,334)	0
Exercised, number of options	(15,041)	(1,083)
Outstanding at end of period, number of options	335,166	323,781
Exercisable at end of period, number of options	95,177	59,134
Stock Options Weighted Average Price
Outstanding at beginning of period, weighted-average exercise price	$ 14.37	$ 14.37
Granted, weighted-average exercise price	20.25	14.28
Forfeited, weighted-average exercise price	14	0
Exercised, weighted-average exercise price	13.45	14
Outstanding at end of period, weighted-average exercise price	15.05	14.36
Exercisable at end of period, weighted-average exercise price	$ 14.50	$ 14.23

STOCK-BASED COMPENSATION - Time

STOCK-BASED COMPENSATION - Time Vested Restricted Stock Award Activity (Detail) - Time Vested Restricted Stock Awards [Member] - $ / shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Balance at beginning of period, shares	93,366	60,592
Granted, shares	52,966	54,837
Forfeited, shares	(7,836)	(1,157)
Earned and issued, shares	(18,422)	(6,991)
Balance at end of period, shares	120,074	107,281
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Balance at beginning of period, weighted avg grant date fair value	$ 14.75	$ 14.85
Granted, weighted avg grant date fair value	20.10	14.67
Forfeited, weighted avg grant date fair value	16.15	16.32
Earned and issued, weighted avg grant date fair value	15.11	15.68
Balance at end of period, weighted avg grant date fair value	$ 16.96	$ 14.70

STOCK-BASED COMPENSATION - Addi

STOCK-BASED COMPENSATION - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock option expense	$ 57	$ 108	$ 49	$ 92
Unrecognized compensation cost related to stock options	800		800
Aggregate intrinsic value of stock options outstanding	2,600		2,600
Aggregate intrinsic value of exercisable stock options	800		$ 800
Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average period related to stock compensation			3 years 2 months 18 days
Time Vested Restricted Stock Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average period related to stock compensation			3 years 5 months 10 days
Unrecognized compensation cost related to time vested restricted stock award	$ 1,100		$ 1,100
Time Vested Restricted Stock Awards [Member] | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unearned compensation related to awards amortized to compensation expense, vesting period			2 years	2 years
Time Vested Restricted Stock Awards [Member] | Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unearned compensation related to awards amortized to compensation expense, vesting period				5 years
Incentive Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Reserve of common stock for grant, award or issuance to directors and employees	600,000		600,000

DERIVATIVE FINANCIAL INSTRUME58

DERIVATIVE FINANCIAL INSTRUMENTS - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Derivatives Fair Value [Line Items]
Maximum length of time hedged cash flow hedge period			3 years 1 month 24 days
Notional amount of derivative contract	$ 50,000,000		$ 50,000,000
Gain (loss) on derivative instrument	(43,000)	$ (200,000)	77,000	$ (700,000)
Derivative instrument loss included in accumulated other comprehensive income to be reclassified to earnings			100,000
Interest Rate Swap [Member] | Designated As Hedging Instrument [Member] | Cash Flow Hedging [Member] | Accrued Taxes and Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Fair value of derivative liabilities	$ 100,000		$ 100,000

FAIR VALUES OF FINANCIAL INST59

FAIR VALUES OF FINANCIAL INSTRUMENTS - Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets:
Derivative financial instruments	$ 127	$ 8
Fair Value, Measurements, Recurring [Member]
Assets:
Assets estimated fair value	183,711	163,059
Derivative financial instruments	127	8
Fair Value, Measurements, Recurring [Member] | Obligations of other U. S. government agencies [Member]
Assets:
Assets estimated fair value	50,205	29,490
Fair Value, Measurements, Recurring [Member] | Obligations of state and political subdivisions [Member]
Assets:
Assets estimated fair value	26,183	27,855
Fair Value, Measurements, Recurring [Member] | Corporate bonds [Member]
Assets:
Assets estimated fair value	14,983	14,968
Fair Value, Measurements, Recurring [Member] | Residential mortgage-backed securities [Member]
Assets:
Assets estimated fair value	88,949	87,588
Fair Value, Measurements, Recurring [Member] | Commercial mortgage-backed securities [Member]
Assets:
Assets estimated fair value	2,459	2,444
Fair Value, Measurements, Recurring [Member] | Equity securities [Member]
Assets:
Assets estimated fair value	805	706
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets:
Assets estimated fair value	805	706
Derivative financial instruments	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Obligations of other U. S. government agencies [Member]
Assets:
Assets estimated fair value	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Obligations of state and political subdivisions [Member]
Assets:
Assets estimated fair value	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Corporate bonds [Member]
Assets:
Assets estimated fair value	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Residential mortgage-backed securities [Member]
Assets:
Assets estimated fair value	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Commercial mortgage-backed securities [Member]
Assets:
Assets estimated fair value	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity securities [Member]
Assets:
Assets estimated fair value	805	706
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets:
Assets estimated fair value	162,673	144,073
Derivative financial instruments	127	8
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Obligations of other U. S. government agencies [Member]
Assets:
Assets estimated fair value	50,205	29,490
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Obligations of state and political subdivisions [Member]
Assets:
Assets estimated fair value	7,270	10,199
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate bonds [Member]
Assets:
Assets estimated fair value	13,663	14,344
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Residential mortgage-backed securities [Member]
Assets:
Assets estimated fair value	88,949	87,588
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Commercial mortgage-backed securities [Member]
Assets:
Assets estimated fair value	2,459	2,444
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Equity securities [Member]
Assets:
Assets estimated fair value	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets:
Assets estimated fair value	20,233	18,280
Derivative financial instruments	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Obligations of other U. S. government agencies [Member]
Assets:
Assets estimated fair value	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Obligations of state and political subdivisions [Member]
Assets:
Assets estimated fair value	18,913	17,656
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Corporate bonds [Member]
Assets:
Assets estimated fair value	1,320	624
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Residential mortgage-backed securities [Member]
Assets:
Assets estimated fair value	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Commercial mortgage-backed securities [Member]
Assets:
Assets estimated fair value	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Equity securities [Member]
Assets:
Assets estimated fair value	$ 0	$ 0

FAIR VALUES OF FINANCIAL INST60

FAIR VALUES OF FINANCIAL INSTRUMENTS - Summary of Assets Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	$ 18,280	$ 11,531
Realized gains (losses) included in net income	0	0
Unrealized gains (losses) included in other comprehensive income	1,253	529
Purchases	700	8,665
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	(485)
Fair value, ending balance	20,233	20,240
Obligations of state and political subdivisions [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	17,656	10,395
Realized gains (losses) included in net income	0	0
Unrealized gains (losses) included in other comprehensive income	1,257	562
Purchases	0	8,665
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Fair value, ending balance	18,913	19,622
Corporate bonds [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	624	1,136
Realized gains (losses) included in net income	0	0
Unrealized gains (losses) included in other comprehensive income	(4)	(33)
Purchases	700	0
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	(485)
Fair value, ending balance	$ 1,320	$ 618

FAIR VALUES OF FINANCIAL INST61

FAIR VALUES OF FINANCIAL INSTRUMENTS - Summary of Assets Measured at Fair Value on a Nonrecurring Basis (Detail) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated Fair Value	$ 267	$ 801
Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Valuation Technique	Discounted cash flows, Underlying collateral value	Discounted cash flows, Underlying collateral value
Unobservable Inputs	Collateral discounts and estimated costs to sell	Collateral discounts and estimated costs to sell
Weighted Average [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Weighted Average Discount	27.00%	32.00%
Minimum [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Weighted Average Discount	0.00%	1.00%
Maximum [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Weighted Average Discount	100.00%	100.00%

FAIR VALUES OF FINANCIAL INST62

FAIR VALUES OF FINANCIAL INSTRUMENTS - Summary of Estimated Fair Values of Company's Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financial assets:
Cash and due from banks	$ 34,958	$ 29,342
Federal funds sold	3	106
Investment securities	203,044	183,142
Other equity securities	7,025	5,362
Loans, net of allowance	925,640	886,375
Derivative financial instruments	127	8
Financial liabilities:
Deposits, noninterest-bearing	130,625	108,404
Deposits, interest-bearing	764,200	799,383
FHLB short-term advances and repurchase agreements	127,930	112,690
FHLB long-term advances	18,100	9,200
Junior subordinated debt	3,609	3,609
Subordinated debt	18,600
Other borrowings	0	1,000
Fair Value [Member]
Financial assets:
Cash and due from banks	34,958	29,342
Federal funds sold	3	106
Investment securities	203,002	182,663
Other equity securities	7,025	5,362
Loans, net of allowance	925,460	890,949
Derivative financial instruments	127	8
Financial liabilities:
Deposits, noninterest-bearing	130,625	108,404
Deposits, interest-bearing	746,231	779,397
FHLB short-term advances and repurchase agreements	127,930	112,690
FHLB long-term advances	17,977	9,233
Junior subordinated debt	2,848	3,635
Subordinated debt	18,832
Other borrowings		1,001
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value [Member]
Financial assets:
Cash and due from banks	34,958	29,342
Federal funds sold	3	106
Investment securities	805	706
Other equity securities	0	0
Loans, net of allowance	0	0
Derivative financial instruments	0	0
Financial liabilities:
Deposits, noninterest-bearing	0	0
Deposits, interest-bearing	0	0
FHLB short-term advances and repurchase agreements	0	0
FHLB long-term advances	0	0
Junior subordinated debt	0	0
Subordinated debt	0
Other borrowings		0
Significant Other Observable Inputs (Level 2) [Member] | Fair Value [Member]
Financial assets:
Cash and due from banks	0	0
Federal funds sold	0	0
Investment securities	169,196	151,128
Other equity securities	7,025	5,362
Loans, net of allowance	0	0
Derivative financial instruments	127	8
Financial liabilities:
Deposits, noninterest-bearing	130,625	108,404
Deposits, interest-bearing	0	0
FHLB short-term advances and repurchase agreements	127,930	112,690
FHLB long-term advances	0	0
Junior subordinated debt	0	0
Subordinated debt	18,832
Other borrowings		1,001
Significant Unobservable Inputs (Level 3) [Member] | Fair Value [Member]
Financial assets:
Cash and due from banks	0	0
Federal funds sold	0	0
Investment securities	33,001	30,829
Other equity securities	0	0
Loans, net of allowance	925,460	890,949
Derivative financial instruments	0	0
Financial liabilities:
Deposits, noninterest-bearing	0	0
Deposits, interest-bearing	746,231	779,397
FHLB short-term advances and repurchase agreements	0	0
FHLB long-term advances	17,977	9,233
Junior subordinated debt	2,848	3,635
Subordinated debt	$ 0
Other borrowings		$ 0

FAIR VALUES OF FINANCIAL INST63

FAIR VALUES OF FINANCIAL INSTRUMENTS - Additional Information (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Liabilities measured on nonrecurring basis	$ 0	$ 0

INCOME TAXES - Summary of Expen

INCOME TAXES - Summary of Expense for Income Taxes and Effective Tax Rate Included in Consolidated Statement of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income tax expense	$ 877	$ 1,005	$ 1,724	$ 2,011
Effective tax rate	31.30%	33.40%	31.30%	33.50%

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Effective income tax rate related with statutory tax rate	35.00%

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Summary of Commitments to Extend Credit (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Loan commitments [Member]
Loss Contingencies [Line Items]
Commitments to extend credit	$ 119,913	$ 142,891
Standby letters of credit [Member]
Loss Contingencies [Line Items]
Commitments to extend credit	$ 485	$ 1,008

COMMITMENTS AND CONTINGENCIES67

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail)	3 Months Ended	6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2017USD ($)
Business Acquisition [Line Items]
Commitment to fund investment in SBIC qualified funds	$ 300,000	$ 300,000
Citizens Bancshares Inc | Non Interest Expense
Business Acquisition [Line Items]
Expenses recognized	$ 80,000	$ 225,000

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ / shares in Units, $ in Thousands	Aug. 04, 2017	Jul. 01, 2017	Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Subsequent Event [Line Items]
Assets			$ 1,225,526	$ 1,158,960
Deposits			894,825	907,787
Stockholders' Equity Attributable to Parent			150,796	$ 112,757	$ 109,350
BOJ Bancshares, Inc
Subsequent Event [Line Items]
Assets			150,000
Loans Receivable, Net			104,000
Deposits			123,000
Stockholders' Equity Attributable to Parent			$ 17,000
Merger Agreement | Subsequent Event
Subsequent Event [Line Items]
Cash consideration	$ 3,950
Shares of company stock	799,559
Transaction value	$ 22,100
Share price (usd per share)	$ 22.65
Ownership percentage	9.00%
Citizens Bancshares Inc | Subsequent Event
Subsequent Event [Line Items]
Cash consideration		$ 45,800
Share price (usd per share)		$ 419.20
Citizens Bancshares Inc | Citizens Bancshares Inc | Subsequent Event
Subsequent Event [Line Items]
Assets		$ 250,000
Loans Receivable, Net		130,000
Deposits		212,000
Stockholders' Equity Attributable to Parent		$ 36,000