BayCom (BCML) 10-Q 15 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 07, 2019
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Entity Registrant Name	BayCom Corp
Entity Central Index Key	0001730984
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Trading Symbol	BCML
Entity Common Stock, Shares Outstanding		10,891,564
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Small Business	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 20,370	$ 20,846
Federal funds sold	312,102	302,735
Cash and cash equivalents	332,472	323,581
Interest bearing deposits in banks	3,481	3,980
Investment securities available-for-sale	97,299	99,796
Federal Home Loan Bank ("FHLB") stock, at par	5,096	5,162
Federal Reserve Bank ("FRB") stock, at par	4,166	4,081
Loans held for sale	4,208	855
Loans, net of allowance for loan losses of $5,405 and $5,140 at March 31, 2019 and December 31, 2018, respectively	959,561	970,189
Premises and equipment, net	6,479	11,168
Other real estate owned ("OREO")	801	801
Core deposit intangible	6,816	7,205
Cash surrender value of bank owned life insurance policies, net	19,766	19,602
Right-of-use assets ("ROU")	7,502	0
Goodwill	14,594	14,594
Interest receivable and other assets	20,229	17,381
Total Assets	1,482,470	1,478,395
LIABILITIES AND SHAREHOLDERS' EQUITY
Noninterest and interest bearing deposits	1,250,567	1,257,768
Lease liabilities	7,818	0
Salary continuation plan	3,400	3,338
Interest payable and other liabilities	6,093	8,375
Junior subordinated deferrable interest debentures, net	8,181	8,161
Total liabilities	1,276,059	1,277,642
Commitments and contingencies (Note 18)
Shareholders' equity
Preferred stock - no par value; 10,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock - no par value; 100,000,000 shares authorized; 10,891,564 and 10,869,275 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively	149,368	149,248
Additional paid in capital	287	287
Accumulated other comprehensive income (loss), net of tax	494	(103)
Retained earnings	56,262	51,321
Total shareholders' equity	206,411	200,753
Total Liabilities and Shareholders' Equity	$ 1,482,470	$ 1,478,395

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Loans, net of allowance for loan losses of $5,405 and $5,140 at March 31, 2019 and December 31, 2018, respectively	$ 5,405	$ 5,140
Preferred Stock, No Par Value	$ 0	$ 0
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, No Par Value	$ 0	$ 0
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	10,891,564	10,869,275
Common Stock, Shares, Outstanding	10,891,564	10,869,275

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Interest income:
Loans, including fees	$ 13,550	$ 12,280
Investment securities and interest bearing deposits in banks	2,654	1,110
FHLB dividends	92	93
FRB dividends	61	69
Total interest and dividend income	16,357	13,552
Interest expense:
Deposits	1,346	979
Other borrowings	146	159
Total interest expense	1,492	1,138
Net interest income	14,865	12,414
Provision for loan losses	277	254
Net interest income after provision for loan losses	14,588	12,160
Noninterest income:
Gain on sale of loans	190	651
Service charges and other fees	733	446
Loan servicing fees and other income	410	245
Other income	787	384
Total noninterest income	2,120	1,726
Noninterest expense:
Salaries and employee benefits	5,963	4,914
Occupancy and equipment	1,110	975
Data processing	924	708
Other	1,751	1,526
Total noninterest expense	9,748	8,123
Income before provision for income taxes	6,960	5,763
Provision for income taxes	2,019	1,694
Net income	$ 4,941	$ 4,069
Earnings per common share:
Basic earnings per common share	$ 0.45	$ 0.54
Weighted average shares outstanding	10,891,564	7,512,227
Diluted earnings per common share	$ 0.45	$ 0.54
Weighted average shares outstanding	10,891,564	7,512,227

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net income	$ 4,941	$ 4,069
Other comprehensive income (loss):
Change in unrealized gain (loss) on available-for-sale securities	833	(360)
Deferred tax (expense) benefit	(236)	78
Other comprehensive income (loss), net of tax	597	(282)
Total comprehensive income	$ 5,538	$ 3,787

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income/(Loss) [Member]
Balance at Dec. 31, 2017	$ 118,635	$ 81,307	$ 287	$ 36,828	$ 213
Balance (in shares) at Dec. 31, 2017		7,496,995
Net income	4,069			4,069
Other comprehensive loss, net	(282)				(282)
Restricted stock granted (in shares)		15,232
Stock based compensation	146	$ 146
Balance at Mar. 31, 2018	122,568	$ 81,453	287	40,897	(69)
Balance (in shares) at Mar. 31, 2018		7,512,227
Net income	10,424			10,424
Other comprehensive loss, net	(34)				(34)
Restricted stock granted (in shares)		78,148
Stock based compensation	1,034	$ 1,034
Initial public offering, net	66,761	$ 66,761
Initial public offering, net (in shares)		3,278,900
Balance at Dec. 31, 2018	200,753	$ 149,248	287	51,321	(103)
Balance (in shares) at Dec. 31, 2018		10,869,275
Net income	4,941			4,941
Other comprehensive loss, net	597				597
Restricted stock granted (in shares)		22,289
Stock based compensation	120	$ 120
Balance at Mar. 31, 2019	$ 206,411	$ 149,368	$ 287	$ 56,262	$ 494
Balance (in shares) at Mar. 31, 2019		10,891,564

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net income	$ 4,941	$ 4,069
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
(Increase) decrease in deferred tax asset	(236)	772
Accretion on acquired loans	(577)	(1,041)
Gain on sale of loans	(190)	(651)
Proceeds from sale of loans	2,846	8,754
Loans originated for sale	(8,113)	(6,378)
Gain on sale of premises	(78)	0
Accretion on junior subordinated debentures	20	15
Increase in cash surrender value of life insurance policies	(164)	(79)
Provision for loan losses	277	254
Amortization/accretion of premium/discount on investment securities	135	120
Depreciation and amortization	301	231
Core deposit intangible amortization	389	289
Stock based compensation expense	120	146
Decrease in deferred loan origination fees, net	(8)	(37)
(Increase) decrease in accrued interest receivable and other assets	(6,035)	948
Increase in salary continuation liability, net	62	60
(Increase) decrease in accrued expenses and other liabilities	5,852	(2,438)
Net cash (used in) provided by operating activities	(458)	5,034
Cash flows from investing activities:
Maturity of interest bearing deposits in banks	499	498
Purchase of investment securities	(1,501)	0
Proceeds from the maturity and repayment of investment securities	4,694	3,195
Redemption (purchase) of Federal Home Loan Bank stock	66	(366)
Purchase of Federal Reserve Bank stock	(85)	0
Net decrease in loans	13,040	2,980
Purchase of equipment and leasehold improvements	(163)	(111)
Net cash provided by investing activities	16,550	6,196
Cash flows from financing activities:
Net (decrease) increase in noninterest and interest bearing deposits	(2,872)	3,700
Net decrease in time deposits	(4,329)	(9,232)
Net cash used in financing activities	(7,201)	(5,532)
Increase in cash and cash equivalents	8,891	5,698
Cash and cash equivalents at beginning of period	323,581	249,853
Cash and cash equivalents at end of period	332,472	255,551
Cash paid during the year for:
Interest expense	1,455	989
Income tax, net of refunds	1,676	0
Non-cash investing activities:
Change in unrealized gain (loss) on available-for-sale securities, net of tax	597	(282)
Recognition of ROU	7,834	0
Recognition of lease liability	$ 8,150	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
BASIS OF PRESENTATION	NOTE 1 – BASIS OF PRESENTATION BayCom Corp (the “Company”) is a bank holding company headquartered in Walnut Creek, California. United Business Bank (the “Bank”), the wholly owned banking subsidiary, is a California state-chartered bank which provides a broad range of financial services primarily to local small and mid-sized businesses, service professionals and individuals. In the 14 years of operation, the Bank has grown to 22 full service banking branches. The main office is located in Walnut Creek, California and branch offices are located in Oakland, Castro Valley, Mountain View, Napa, Stockton (2), Pleasanton, Livermore, San Jose, Long Beach, Sacramento, San Francisco and Glendale, California, and Seattle, Washington (2) and New Mexico (6). In addition, the Bank has one loan production office in Los Angeles, California. The condensed consolidated financial statements include the accounts of the Company and the Bank. All intercompany transactions and balances have been eliminated in consolidation. The condensed consolidated financial statements include all adjustments of a normal and recurring nature, which are, in the opinion of management, necessary for a fair presentation of the financial position and results of operations for the periods presented. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and, therefore, do not include all information and footnotes normally included in annual financial statements prepared in conformity with accounting principles generally accepted in the United States of America. Accordingly, these condensed consolidated financial statements should be read in conjunction with the consolidated audited financial statements and notes thereto for the year ended December 31, 2018. Results of operations for interim periods are not necessarily indicative of results for the full year. Certain prior year information has been reclassified to conform to current year presentation. The reclassifications had no impact on consolidated net income or shareholders’ equity. On December 7, 2018, the Company announced the signing of a definitive agreement (the “Agreement”) whereby the Company will acquire Uniti Financial Corporation (“Uniti”), in a cash and equity transaction valued at approximately $63.9 million in aggregate based on the closing price of Company common stock on that date. See Note 3 for more information. Lease Accounting On January 1, 2019, the Company adopted the new accounting standards that require lessees to recognize operating leases on the Consolidated Balance Sheet as right-of-use assets and lease liabilities based on the value of the discounted future lease payments. Lessor accounting is largely unchanged. Expanded disclosures about the nature and terms of lease agreements are required prospectively and are included in Note 7. The Company elected to retain prior determinations of whether an existing contract contains a lease and how the lease should be classified. The recognition of leases existing on January 1, 2019 did not require an adjustment to beginning retained earnings. Upon adoption, the Company recognized right-of-use assets and lease liabilities of $7.8 million and $8.2 million, respectively. Adoption of the standard did not have a significant effect on the Company’s regulatory capital measures. Revenue Recognition In accordance with Topic 606, revenues are recognized when control of promised goods or services is transferred to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. To determine revenue recognition for arrangements that an entity determines are within the scope of Topic 606, the Company performs the following five steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the Company satisfies a performance obligation. The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company assesses the goods or services that are promised within each contract and identifies those that contain performance obligations; and assesses whether each promised good or service is distinct. The Company then recognizes as revenue the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. All of the Company’s revenue from contracts with customers in scope of ASC 606 is recognized in noninterest income and included in our commercial and consumer banking segment. For the three months ended March 31, 2019, the Company recognized $87,000 in deposit fees, and $42,000 in debit card interchange fees considered in scope of ASC 606. There was a total of $2.0 million of noninterest income considered not in scope of ASC 606. On April 5, 2012, the JOBS Act was signed into law. The JOBS Act contains provisions that, among other things, reduce certain reporting requirements for qualifying public companies. As an “emerging growth company” we may delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. We intend to take advantage of the benefits of this extended transition period. Accordingly, our condensed consolidated financial statements may not be comparable to companies that comply with such new or revised accounting standards.

ACCOUNTING STANDARDS RECENTLY I

ACCOUNTING STANDARDS RECENTLY ISSUED OR ADOPTED	3 Months Ended
	Mar. 31, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
ACCOUNTING STANDARDS RECENTLY ISSUED OR ADOPTED	NOTE 2 - ACCOUNTING STANDARDS RECENTLY ISSUED OR ADOPTED In June 2016, the FASB issued ASU No. 2016-13, Measurement of Credit Losses on Financial Instruments (Topic 326) and subsequent amendment to the initial guidance in November 2018, ASU No. 2018-19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses In January 2017, the FASB issued ASU No. 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. In March 2017, FASB issued ASU 2017-08, Receivables—Nonrefundable Fees and Other Costs (Topic 310) In June 2018, the FASB issued ASU No. 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. In August, 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement . This ASU contains some technical adjustments related to the fair value disclosure requirements of public companies. Included in this ASU is the additional disclosure requirement of unrealized gains and losses for the period in recurring level 3 fair value disclosures and the range and weighted average of significant unobservable inputs, among other technical changes. ASU 2018-13 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted for any removed or modified disclosures. The adoption of ASU 2018-13 is not expected to have a material impact on the Company’s consolidated financial statements. In August 2018, FASB issued ASU No. 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. The amendments in this ASU broaden the scope of ASC Subtopic 350-40 to include costs incurred to implement a hosting arrangement that is a service contract. The amendments align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The costs are capitalized or expensed depending on the nature of the costs and the project stage during which they are incurred, consistent with the accounting for costs for internal-use software. The amendments in this ASU result in consistent capitalization of implementation costs of a hosting arrangement that is a service contract and implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendments in this ASU. This ASU is effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. The amendments in this ASU should be applied either retrospectively to all implementation costs incurred after the date of adoption. Adoption of ASU 2018-15 is not expected to have a material impact on the Company’s consolidated financial statements. In March 2019, FASB issued ASU No. 2019-01, Leases (Topic 842) - Codification Improvements.

ACQUISITION

ACQUISITION	3 Months Ended
	Mar. 31, 2019
Business Combinations [Abstract]
ACQUISITION	NOTE 3 - ACQUISITION On November 30, 2018, $62.00 $23.5 The following table summarizes the fair value of the assets acquired and liabilities assumed at the acquisition date: BFC Acquisition Date November 30, 2018 Fair value of assets: Cash and due from banks $ 4,932 Federal funds sold 9,346 Total cash and cash equivalents 14,278 Investment securities 56,198 FHLB stock, at par 154 FRB stock, at par 173 Loans, net 75,384 OREO 1,066 Core deposit intangible 3,604 BOLI 2,937 Deferred tax assets, net 3,291 Other assets 735 Total assets acquired 157,820 Liabilities: Deposits Noninterest bearing 97,771 Interest bearing 37,711 135,482 Junior subordinated debt 2,715 Other liabilities 329 Total liabilities assumed 138,526 Cash consideration 23,523 Goodwill $ 4,229 The following table presents the net assets acquired and the estimated fair value adjustments, which resulted in goodwill at the acquisition date: BFC Acquisition Date November 30, 2018 Book value of net assets acquired $ 16,201 Fair value adjustments: Investments (382 ) Loans 284 Branch facilities 668 Write-down on real estate investment (229 ) Core deposit intangible 3,604 Deferred tax assets (1,176 ) Time deposits (54 ) Junior subordinated debt 378 Total purchase accounting adjustments 3,093 Fair value of net assets acquired 19,294 Price paid: Cash paid 23,523 Total price paid 23,523 Goodwill $ 4,229 Pro Forma Results of Operations The operating results of the Company for the three months ended March 31, 2019 in the condensed consolidated statements of income include the operating results of BFC since its acquisition date. The following table represents the net interest income, net income, basic and diluted earnings per share, as if the merger with BFC was effective January 1, 2018. The unaudited pro forma information in the following table is intended for informational purposes only and is not necessarily indicative of future operating results or operating results that would have occurred had the mergers been completed at the beginning of the respective year. No assumptions have been applied to the pro forma results of operation regarding possible revenue enhancements, expense efficiencies or asset dispositions. Unaudited pro forma net interest income, net income and earnings per share are presented below: Three months ended, March 31, 2019 March 31, 2018 Net interest income $ 14,865 $ 14,023 Net income 4,941 4,446 Basic earnings per share $ 0.45 $ 0.59 Diluted earnings per share $ 0.45 $ 0.59 These amounts include the acquisition-related third party expenses, accretion of the discounts on acquired loans and amortization of the fair value mark adjustments on core deposit intangible. Pending Acquisition On December 7, 2018, the Company entered into a definitive agreement (the “Agreement”) with Uniti Financial Corporation, (“Uniti”), headquartered in Buena Park, California, pursuant to which Uniti will be merged with and into BayCom Corp, immediately thereafter Uniti’s bank subsidiary, Uniti Bank, will be merged with and into United Business Bank. Uniti Bank serves the Los Angeles and Orange County communities in Southern California through three branches. Under the terms of the Agreement, Uniti shareholders will receive (i) $2.30 in cash and (ii) 0.07234 shares of Company common stock for each share of Uniti common stock The unaudited pro forma information in the following table is intended for informational purposes only and is not necessarily indicative of future operating results or operating results that would have occurred had the mergers been completed at the beginning of each respective year. No assumptions have been applied to the pro forma results of operation regarding possible revenue enhancements, expense efficiencies or asset dispositions. Three months ended, March 31, 2019 March 31, 2018 Net interest income $ 18,496 $ 15,622 Net income 5,787 4,945 Basic earnings per share $ 0.48 $ 0.57 Diluted earnings per share $ 0.48 $ 0.57

INVESTMENT SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	NOTE 4 – INVESTMENT SECURITIES The amortized cost, gross unrealized gains and losses, and estimated fair values of securities available-for-sale at the dates indicated are summarized as follows: Gross Gross Amortized unrealized unrealized Estimated March 31, 2019 cost gains losses fair value U.S. Treasuries $ 989 $ 2 $ - $ 991 U.S. Government Agencies 12,267 45 (17 ) 12,295 Municipal securities 19,232 199 (54 ) 19,377 Mortgage-backed securities 48,598 625 (98 ) 49,125 Collateralized mortgage obligations 4,511 54 (17 ) 4,548 SBA securities 3,990 5 (59 ) 3,936 Corporate bonds 7,018 20 (11 ) 7,027 Total $ 96,605 $ 950 $ (256 ) $ 97,299 Gross Gross Amortized unrealized unrealized Estimated December 31, 2018 cost gains losses fair value U.S. Treasuries $ 984 $ 1 $ - $ 985 U.S. Government Agencies 13,761 21 (17 ) 13,765 Municipal securities 19,604 65 (166 ) 19,503 Mortgage-backed securities 49,565 243 (206 ) 49,602 Collateralized mortgage obligations 4,705 32 (20 ) 4,717 SBA securities 4,300 2 (61 ) 4,241 Corporate bonds 7,016 4 (37 ) 6,983 Total $ 99,935 $ 368 $ (507 ) $ 99,796 The estimated fair value and gross unrealized losses for securities available-for-sale aggregated by the length of time that individual securities have been in a continuous unrealized loss position at the dates indicated are as follows: Less than 12 months 12 months or more Total Estimated Unrealized Estimated Unrealized Estimated Unrealized March 31, 2019 fair value loss fair value loss fair value loss U.S. Treasuries $ - $ - $ - $ - $ - $ - U.S. Government Agencies 1,510 (14 ) 1,747 (3 ) 3,257 (17 ) Municipal securities 1,526 (2 ) 7,164 (52 ) 8,690 (54 ) Mortgage-backed securities 10,301 (47 ) 6,017 (51 ) 16,318 (98 ) Collateralized mortgage obligations 957 (11 ) 810 (6 ) 1,767 (17 ) SBA securities - - 2,803 (59 ) 2,803 (59 ) Corporate bonds 1,513 (11 ) - - 1,513 (11 ) Total $ 15,807 $ (85 ) $ 18,541 $ (171 ) $ 34,348 $ (256 ) Less than 12 months 12 months or more Total Estimated Unrealized Estimated Unrealized Estimated Unrealized December 31, 2018 fair value loss fair value loss fair value loss U.S. Treasuries $ - $ - $ - $ - $ - $ - U.S. Government Agencies 4,014 (9 ) 1,743 (8 ) 5,757 (17 ) Municipal securities 6,883 (35 ) 7,537 (131 ) 14,420 (166 ) Mortgage-backed securities 14,919 (91 ) 6,054 (115 ) 20,973 (206 ) Collateralized mortgage obligations 2,427 (9 ) 477 (11 ) 2,904 (20 ) SBA securities 677 (32 ) 2,336 (29 ) 3,013 (61 ) Corporate bonds 4,975 (37 ) - - 4,975 (37 ) Total $ 33,895 $ (213 ) $ 18,147 $ (294 ) $ 52,042 $ (507 ) At March 31, 2019, the Company held 215 investment securities, of which 33 24 were in an unrealized loss position for less than twelve months. These temporary unrealized losses relate principally to current interest rates for similar types of securities. The Company anticipates full recovery of amortized cost with respect to these securities at maturity or sooner in the event of a more favorable market interest rate environment. The amortized cost and estimated fair value of securities available-for-sale at the dates indicated by contractual maturity are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. March 31, 2019 December 31, 2018 Amortized Estimated Amortized Estimated cost fair value cost fair value Available-for-sale: Due in one year or less $ 13,865 $ 13,878 $ 14,292 $ 14,279 Due after one through five years 27,416 27,627 26,287 26,327 Due after five years through ten years 16,345 16,514 20,840 20,758 Due after ten years 38,979 39,280 38,516 38,432 Total $ 96,605 $ 97,299 $ 99,935 $ 99,796 For the three months ended March 31, 2019 and March 31, 2018, no gross realized gains or losses were recorded.

LOANS

LOANS	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
LOANS	NOTE 5 - LOANS The Company’s loan portfolio at the dates indicated is summarized below: March 31, December 31, 2019 2018 Commercial and industrial $ 126,580 $ 121,855 Construction and land 45,669 47,302 Commercial real estate 691,055 701,983 Residential 100,467 102,708 Consumer 1,553 1,847 Total loans 965,324 975,695 Net deferred loan fees (358 ) (366 ) Allowance for loan losses (5,405 ) (5,140 ) Net loans $ 959,561 $ 970,189 The Company’s total impaired loans, including nonaccrual loans, accruing TDR loans and accreting purchase credit impaired (“PCI”) loans that have experienced post-acquisition declines in cash flows expected to be collected are summarized as follows: Commercial and industrial Construction and land Commercial real estate Residential Consumer Total March 31, 2019 Recorded investment in impaired loans: With no specific allowance recorded $ 2,378 $ - $ 1,342 $ 645 $ - $ 4,365 With a specific allowance recorded 10 - - - - 10 Total recorded investment in impaired loans $ 2,388 $ - $ 1,342 $ 645 $ - $ 4,375 Specific allowance on impaired loans 10 - - - - 10 December 31, 2018 Recorded investment in impaired loans: With no specific allowance recorded $ 1,868 $ - $ 1,346 $ 654 $ - $ 3,868 With a specific allowance recorded 10 - - - - 10 Total recorded investment in impaired loans $ 1,878 $ - $ 1,346 $ 654 $ - $ 3,878 Specific allowance on impaired loans 10 - - - - 10 Three months ended March 31, 2019 Average recorded investment in impaired loans $ 2,372 $ - $ 1,344 $ 650 $ - $ 4,366 Interest recognized 33 - 20 1 - 54 Three months ended March 31, 2018 Average recorded investment in impaired loans - - 890 132 - 1,022 Interest recognized - - 10 - - 10 Impaired loans on accrual are loans that have been restructured and are performing under modified loan agreements, and principal and interest is determined to be collectible. Nonaccrual loans are loans where principal and interest have been determined to not be fully collectible. There were no government guaranteed portions of nonaccrual loans at March 31, 2019 and December 31, 2018. The following tables present loans by class, modified as troubled debt restructurings (“TDRs”), during the periods indicated: Three months ended March 31, 2019 Number of loans Rate modification Term modification Interest only modification Combined modification Total Commercial and industrial 2 $ - $ 176 $ - $ 321 $ 497 Construction and land - - - - - - Commercial real estate - - - - - - Residential - - - - - - Consumer - - - - - - Total 2 $ - $ 176 $ - $ 321 $ 497 Year ended December 31, 2018 Number of loans Rate modification Term modification Interest only modification Combined modification Total Commercial and industrial - $ - $ - $ - $ - $ - Construction and land - - - - - - Commercial real estate - - - - - - Residential 2 - 125 - 471 596 Consumer - - - - - - Total 2 $ - $ 125 $ - $ 471 $ 596 For the three months ended March 31, 2019 and 2018, the Company recorded no charge-offs related to restructured loans. As of March 31, 2019 and December 31, 2018, TDR loans had a related allowance of $10,000. There are no commitments to lend additional amounts to borrowers with outstanding loans that are classified as TDRs at March 31, 2019. At March 31, 2019, $766,000 of TDR loans were performing in accordance with their modified terms. Risk Rating System The Company evaluates and assigns a risk grade to each loan based on certain criteria to assess the credit quality of each loan. The assignment of a risk rating is done for each individual loan. Loans are graded from inception and on a continuing basis until the debt is repaid. Any adverse or beneficial trends will trigger a review of the loan risk rating. Each loan is assigned a risk grade based on its characteristics. Loans with low to average credit risk are assigned a lower risk grade than those with higher credit risk as determined by the individual loan characteristics. The Company’s Pass loans includes loans with acceptable business or individual credit risk where the borrower’s operations, cash flow or financial condition provides evidence of low to average levels of risk. Loans that are assigned higher risk grades are loans that exhibit the following characteristics: A Special Mention asset has potential weaknesses that deserve close attention. If left uncorrected, these potential weaknesses may result in a deterioration of the repayment prospects for the asset or in the Company’s credit position at some future date. Special Mention assets are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. Loans in this category would be characterized by any of the following situations: · Credit that is currently protected but is potentially a weak asset; · Credit that is difficult to manage because of an inadequate loan agreement, the condition of and/or control over collateral, failure to obtain proper documentation, or any other deviation from product lending practices; and · Adverse financial trends. A Special Mention rating should be a temporary rating, pending the occurrence of an event that would cause the risk rating to either improve or to be downgraded. A Substandard asset is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged. Assets so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. Assets are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. The potential loss does not have to be recognizable in an individual credit for that credit to be risk rated Substandard. A loan can be fully and adequately secured and still be considered Substandard. Some characteristics of Substandard loans are: · Inability to service debt from ordinary and recurring cash flow; · Chronic delinquency; · Reliance upon alternative sources of repayment; · Term loans that are granted on liberal terms because the borrower cannot service normal payments for that type of debt; · Repayment dependent upon the liquidation of collateral; · Inability to perform as agreed, but adequately protected by collateral; · Necessity to renegotiate payments to a non-standard level to ensure performance; and · The borrower is bankrupt, or for any other reason, future repayment is dependent on court action. Any asset classified Doubtful has all the weaknesses inherent in one 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 value, highly questionable and improbable. Doubtful assets have a high probability of loss, yet certain important and reasonably specific pending factors may work toward the strengthening of the asset. Losses are recognized as charges to the allowance when the loan or portion of the loan is considered uncollectible or at the time of foreclosure. Recoveries on loans previously charged off are credited to the allowance for loan losses. The following tables present the internally assigned risk grade by class of loans at the dates indicated: Special March 31, 2019 Pass mention Substandard Doubtful Total Commercial and industrial $ 123,935 $ 1,972 $ 673 $ - $ 126,580 Construction and land 42,755 152 2,762 - 45,669 Commercial real estate 672,715 16,105 2,235 - 691,055 Residential 99,240 582 645 - 100,467 Consumer 1,541 12 - - 1,553 Total $ 940,186 $ 18,823 $ 6,315 $ - $ 965,324 Special December 31, 2018 Pass mention Substandard Doubtful Total Commercial and industrial $ 119,926 $ 1,302 $ 627 $ - $ 121,855 Construction and land 44,490 - 2,812 - 47,302 Commercial real estate 686,154 12,120 3,709 - 701,983 Residential 101,908 147 653 - 102,708 Consumer 1,847 - - - 1,847 Total $ 954,325 $ 13,569 $ 7,801 $ - $ 975,695 The following tables provide an aging of the Company’s loans receivable as of the dates indicated: 90 Days 30-59 Days 60-89 Days or more Total Total loans Nonaccrual March 31, 2019 past due past due past due past due Current PCI loans receivable loans Commercial and industrial $ 593 $ 19 $ 1,861 $ 2,473 $ 124,103 $ 4 $ 126,580 $ 2,388 Construction and land - - - - 45,445 224 45,669 - Commercial real estate 7,791 484 - 8,275 673,040 9,740 691,055 576 Residential 343 - 57 400 98,295 1,772 100,467 645 Consumer 1 - - 1 1,552 - 1,553 - Total $ 8,728 $ 503 $ 1,918 $ 11,149 $ 942,435 $ 11,740 $ 965,324 $ 3,609 90 Days 30-59 Days 60-89 Days or more Total Total loans Nonaccrual December 31, 2018 past due past due past due past due Current PCI loans receivable loans Commercial and industrial $ 270 $ 349 $ 1,861 $ 2,480 $ 119,373 $ 2 $ 121,855 $ 1,878 Construction and land - - - - 47,069 233 47,302 - Commercial real estate 2,345 356 501 3,202 688,005 10,776 701,983 596 Residential 93 - 57 150 100,765 1,793 102,708 654 Consumer - 4 - 4 1,843 - 1,847 - Total $ 2,708 $ 709 $ 2,419 $ 5,836 $ 957,055 $ 12,804 $ 975,695 $ 3,128 At March 31, 2019 and December 31, 2018, there were no loans greater than 90 days past due and still accruing. Interest foregone on nonaccrual loans was approximately $42,000 and $2,000 for the three months ended March 31, 2019 and 2018, respectively. Purchase Credit Impaired Loans As part of acquisitions, the Company has purchased loans, some of which have shown evidence of credit deterioration since origination and it is probable at the acquisition that all contractually requirement payments would not be collected. The unpaid principal balance and carrying value of the Company’s PCI loans at the dates indicated are as follows: March 31, 2019 December 31, 2018 Unpaid Unpaid principal Carrying principal Carrying balance value balance value Commercial and industrial $ 125 $ 4 $ 125 $ 2 Construction and land 323 224 335 233 Commercial real estate 11,535 9,740 12,605 10,776 Residential 2,358 1,772 2,381 1,793 Consumer - - - - Total $ 14,341 $ 11,740 $ 15,446 $ 12,804

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
ALLOWANCE FOR LOAN LOSSES	NOTE 6 – ALLOWANCE FOR LOAN LOSSES The following tables summarize the Company’s allowance for loan losses individually and collectively evaluated for impairment by loan product as of or for the periods ending as indicated: Three months ended March 31, 2019 Commercial and industrial Construction and land Commercial real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 1,017 $ 327 $ 3,214 $ 215 $ 3 $ 364 $ 5,140 Charge-offs - - (17 ) - (4 ) - (21 ) Recoveries 9 - - - - - 9 Provision for loan losses 109 13 129 20 3 3 277 Ending balance $ 1,135 $ 340 $ 3,326 $ 235 $ 2 $ 367 $ 5,405 Allowance for loan losses related to: Loans individually evaluated for impairment $ 10 $ - $ - $ - $ - $ - $ 10 Loans collectively evaluated for impairment 1,125 340 3,326 235 2 367 5,395 PCI loans - - - - - - - Commercial Construction Commercial Three months ended March 31, 2018 and industrial and land real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 841 $ 199 $ 2,620 $ 150 $ 3 $ 402 $ 4,215 Charge-offs - - - - - - - Recoveries 131 - - - - - 131 Provision for loan losses 33 52 162 10 (3 ) - 254 Ending balance $ 1,005 $ 251 $ 2,782 $ 160 $ - $ 402 $ 4,600 Allowance for loan losses related to: Loans individually evaluated for impairment $ 11 $ - $ - $ - $ - $ - $ 11 Loans collectively evaluated for impairment 994 251 2,782 160 - 402 4,589 PCI loans - - - - - - -

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	3 Months Ended
	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
PREMISES AND EQUIPMENT	NOTE 7 – PREMISES AND EQUIPMENT Premises and equipment consisted of the following at the dates indicated: March 31, December 31, 2019 2018 Premises owned $ 4,787 $ 10,267 Write-down on premises owned - (600 ) Premises owned, net 4,787 9,667 Leasehold improvements 1,743 1,654 Furniture, fixtures and equipment 3,873 3,835 Less accumulated depreciation and amortization (3,924 ) (3,988 ) Total premises and equipment, net $ 6,479 $ 11,168 Depreciation and amortization included in occupancy and equipment expense totaled $301,000 and $231,000 for the three months ended March 31, 2019 and 2018, respectively. On March 29, 2019, the Company sold a commercial building in Oakland, California with a carrying value of $4.6 million. In connection with the sale, the Company leased back 4,021 square feet, representing 11.1% of the total square footage. The sale resulted in a $78,000 gain, included in other income. The proceeds from the sale were in escrow at March 31, 2019 and included in interest receivable and other assets. The Company leases 16 branches and administration offices under noncancelable operating leases. These leases expire on various dates through 2025. All leases have an option to renew one or more times following the expiration of the initial term with renewal periods between three and twelve years. The Company adopted the requirements of Topic 842 effective January 1, 2019, which required the Company record a right of use lease asset and a lease liability for leases with an initial term of more than 12 months for leases that existed as of January 1, 2019. The periods prior to the date of adoption are accounted for under Lease Topic 840; therefore, the following disclosures of future minimum lease payments as of March 31, 2019, include only the periods for which Topic 842 was effective: Year ending December 31, 2019 $ 1,616 2020 1,898 2021 1,575 2022 1,442 2023 953 Thereafter 434 Total lease payments 7,918 Less: interest (100 ) Present value of lease liabilities $ 7,818 The following table presents the weighted average operating lease term and discount rate at the date indicated: March 31, 2019 Weighted-average remaining lease term 4.46 years Weighted-average discount rate 2.89 %

CASH SURRENDER VALUE OF LIFE IN

CASH SURRENDER VALUE OF LIFE INSURANCE	3 Months Ended
	Mar. 31, 2019
CASH SURRENDER VALUE OF LIFE INSURANCE [Abstract]
CASH SURRENDER VALUE OF LIFE INSURANCE	NOTE 8 – CASH SURRENDER VALUE OF LIFE INSURANCE Activity on the Bank owned life insurance policies is as follows for the periods indicated: March 31, December 31, 2019 2018 Beginning balance $ 19,602 $ 17,132 Increase in cash value of life insurance 164 304 Additional policies purchased - 2,943 Death benefit carrying value payout - (777 ) Ending balance $ 19,766 $ 19,602 End of period death benefit $ 42,255 $ 42,374 Number of policies owned 51 51 Insurance companies used 7 7 Current and former directors and officers covered 28 28 The Bank owned life insurance policies are recorded on the Company’s financial statements at their reported cash (surrender) values. As a result of current tax law and the nature of these policies, the Company records any increase, less any applicable surrender charges, in cash value of these policies as nontaxable noninterest income. If the Company decided to surrender any of the policies prior the death of the insured, such surrender may result in a tax expense related to the life-to-date cumulative increase in the cash surrender value of the policy. If the Company retains such policies until the death of the insured, the Company would receive nontaxable proceeds from the insurance company equal to the death benefit of the policies.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	NOTE 9 – GOODWILL AND INTANGIBLE ASSETS Goodwill Changes in the Company’s goodwill for the periods indicated are as follows: March 31, December 31, 2019 2018 Balance at beginning of period $ 14,594 $ 10,365 Acquired goodwill - 4,229 Impairment - - Balance at end of period $ 14,594 $ 14,594 Impairment exists when a reporting unit’s carrying value of goodwill exceeds its fair value. As of March 31, 2019, the Company had positive equity and the Company elected to perform a qualitative assessment to determine if it was more likely than not that the fair value of the Company exceeded its carrying value, including goodwill. The qualitative assessment indicated that is was more likely than not that its fair value exceeded its carrying value, resulting in no impairment. Core Deposit Intangible Changes in the Company’s core deposit intangible for the periods indicated were as follows: March 31, December 31, 2019 2018 Balance at beginning of period $ 7,205 $ 4,772 Additions - 3,604 Less amortization (389 ) (1,171 ) Balance at end of period $ 6,816 $ 7,205 Amortization expense in other noninterest expense on the consolidated statements of income totaled $389,000 and $1.2 million for the three months ended March 31, 2019 and year ended December 31, 2018, respectively. Estimated annual amortization at March 31, 2019 is as follows: Year ending December 31, 2019 $ 1,156 2020 1,395 2021 1,368 2022 1,368 2023 542 Thereafter 987 Total $ 6,816

OTHER ASSETS

OTHER ASSETS	3 Months Ended
	Mar. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER ASSETS	NOTE 10 – OTHER ASSETS The Company’s other assets at the dates indicated consisted of the following: March 31, December 31, 2019 2018 Deferred tax assets, net $ 5,655 $ 5,891 Accrued interest receivable 3,641 3,676 Investment in SBIC Fund 1,805 1,347 Prepaid assets 2,264 2,156 Servicing asset 673 814 Low income housing partnership, net 537 607 Investment in statutory trusts 395 395 Proceeds receivable on sale of premises 4,629 - All other 630 2,495 Total $ 20,229 $ 17,381

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2019
Banking and Thrift [Abstract]
DEPOSITS	NOTE 11 – DEPOSITS The Company’s deposits consisted of the following at the dates indicated: March 31, December 31, 2019 2018 Demand deposits $ 416,804 $ 398,045 NOW accounts and savings 250,213 246,288 Money market 372,525 398,081 Time under $250,000 116,747 117,653 Time $250,000 and over 94,278 97,701 Total $ 1,250,567 $ 1,257,768

BORROWINGS

BORROWINGS	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
BORROWINGS	NOTE 12 – BORROWINGS The Company has an approved secured borrowing facility with the Federal Home Loan Bank of San Francisco (“FHLB”) for up to 25% of total assets for a term not to exceed five years under a blanket lien of certain types of loans. There were no outstanding borrowings under this facility at March 31, 2019 and December 31, 2018. The Company has a Federal Funds line with five corresponding banks. Cumulative available commitments totaled $65.0 million at March 31, 2019. There were no amounts outstanding under these facilities at March 31, 2019 and December 31, 2018.

JUNIOR SUBORDINATED DEFERRABLE

JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES	NOTE 13 – JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES The Company acquired the BFC Trust in the acquisition of BFC. The BFC Trust was formed in Delaware with capital of $93,000 for the sole purpose of issuing trust preferred securities fully and unconditionally guaranteed by BFC. The BFC Trust issued Floating Rate Capital Trust Pass-Through Securities (“BFC Trust Preferred Securities”), with a liquidation value of $1,000 per security, for gross proceeds of $3.1 million prior to the BFC acquisition and the liability was assumed during the acquisition. The entire proceeds of the issuance were invested by the BFC Trust in $3.1 million of Floating Rate Junior Subordinated Deferrable Interest Debentures issued by BFC, with identical maturities, repricing and payment terms as the BFC Trust Preferred Securities. The subordinated debentures have a variable interest rate based on the three months LIBOR plus 2.75%, with quarterly repricing. The debentures are redeemable by the Company subject to prior approval from the Federal Reserve on any March 15, June 15, September 15, or December 15. The redemption price is par plus accrued and unpaid interest, except in the case of redemption under special event which is defined in the debenture. The BFC Trust Preferred Securities are subject to mandatory redemption to the extent of any early redemption of the subordinated debentures or upon its maturity on June 17, 2034. The Company acquired the FULB Trust in the acquisition of First ULB Corp. (“FULB”). The FULB Trust was formed in Delaware with capital of $192,000 for the sole purpose of issuing trust preferred securities fully and unconditionally guaranteed by FULB. The FULB Trust issued 6,200 Floating Rate Capital Trust Pass-Through Securities (“FULB Trust Preferred Securities”), with a liquidation value of $1,000 per security, for gross proceeds of $6.2 million prior to the FULB acquisition and the liability was assumed during the acquisition. The entire proceeds of the issuance were invested by the FULB Trust in $6.4 million of Floating Rate Junior Subordinated Deferrable Interest Debentures issued by FULB, with identical maturities, repricing and payment terms as the FULB Trust Preferred Securities. The subordinated debentures have a variable interest rate based on the three months LIBOR plus 2.5%, with quarterly repricing. The debentures are redeemable by the Company subject to prior approval from the Federal Reserve, on any March 15, June 15, September 15, or December 15. The redemption price is par plus accrued and unpaid interest, except in the case of redemption under special event which is defined in the debenture. The FULB Trust Preferred Securities are subject to mandatory redemption to the extent of any early redemption of the subordinated debentures or upon its maturity on September 15, 2034. Holders of the trust preferred securities issued by the Trusts are entitled to a cumulative cash distribution on the liquidation amount of $1,000 per security. Each of the Trusts has the option to defer payment of the distributions for a period of up to five years, as long as the Company is not in default of the payment of interest on the subordinated debentures. The trust preferred securities were sold and issued in private transactions pursuant to an exemption from registration under the Securities Act of 1933, as amended. The Company has guaranteed, on a subordinated basis, distributions and other payments due on the trust preferred securities.

OTHER LIABILITIES

OTHER LIABILITIES	3 Months Ended
	Mar. 31, 2019
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES	NOTE 14 – OTHER LIABILITIES The Company’s other liabilities at the dates indicated consisted of the following: March 31, December 31, 2019 2018 Accrued expenses $ 3,747 $ 5,508 Deferred rents - 528 CDARs deferred fees 456 494 Contingent liability 403 418 Accounts payable 811 811 Reserve for unfunded commitments 330 330 Accrued interest 254 217 Miscellaneous other liabilities 92 69 Total $ 6,093 $ 8,375

EQUITY INCENTIVE PLANS

EQUITY INCENTIVE PLANS	3 Months Ended
	Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
EQUITY INCENTIVE PLANS	NOTE 15 – EQUITY INCENTIVE PLANS 2017 Omnibus Equity Incentive Plan The shareholders approved the Omnibus Equity Incentive Plan (“2017 Plan”) in November 2017. The 2017 Plan provides for the awarding by the Company’s Board of Directors of equity incentive awards to employees and non-employee directors. An equity incentive award may be an option, stock appreciation rights, restricted stock units, stock award, other stock-based award or performance award granted under the 2017 Plan. Factors considered by the Board in awarding equity incentives to officers and employees include the performance of the Company, the employee’s or officer’s job performance, the importance of his or her position, and his or her contribution to the organization’s goals for the award period. Generally, awards are restricted and have a vesting period of no longer than ten years. Subject to adjustment as provided in the 2017 Plan, the maximum number of shares of common stock that may be delivered pursuant to awards granted under the 2017 Plan is 450,000. The 2017 Plan provides for an annual restricted stock grant limits to officers, employees and directors. The annual stock grant limit per person for officers and employees is the lessor of 50,000 shares or a value of $2.0 million, and per person for directors the maximum is 25,000 shares. All unvested restricted shares outstanding vest in the event of a change in control of the Company. Awarded shares of restricted stock vest over (i) a one-year period following the date of grant, in the case of the non-employee directors, and (ii) a three-year or five-year period following the date of grant, with the initial vesting occurring on the one-year anniversary of the date of grant, in the case of the executive 2014 Omnibus Equity Incentive Plan In 2014, the shareholders approved the Omnibus Equity Incentive Plan (the “2014 Plan”). A total of 148,962 equity incentive awards have been granted under the 2014 Plan. The awards are shares of restricted stock and have a vesting period of one to five years. No future equity awards will be made from the 2014 Plan. The Company recognizes compensation expense for the restricted stock awards based on the fair value of the shares at the award date. For the three months ended March 31, 2019 and 2018, total compensation expense for these plans was $120,000 and $146,000, respectively. As of March 31, 2019, there was $2.5 million of total unrecognized compensation cost related to non-vested shares granted as restricted stock awards. The cost is expected to be recognized over the remaining weighted-average vesting period of approximately two years. The following table provides the restricted stock grant activity for the periods indicated: Three months ended March 31, 2019 Year ended December 31, 2018 Weighted-average Weighted-average grant date grant date Shares fair value Shares fair value Non-vested, beginning of period 131,000 $ 19.18 67,481 $ 13.51 Granted 22,289 22.38 93,380 21.58 Vested (19,253 ) 19.51 (29,861 ) 13.88 Non-vested, end of period 134,036 $ 20.76 131,000 $ 19.18

EARNINGS PER SHARE CALCULATION

EARNINGS PER SHARE CALCULATION	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE CALCULATION	NOTE 16 – EARNINGS PER SHARE CALCULATION Earnings per common share (“EPS”) are computed based on the weighted average number of common shares outstanding during the period. Basic EPS excludes dilution and is computed by dividing net earnings available to common stockholders by the weighted average of common shares outstanding. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The number of potential common shares included in the quarterly diluted EPS is computed using the average market price during the three months included in the reporting period under the treasury stock method. The number of potential common shares included in year-to-date diluted EPS is a year-to-date weighted average of potential shares included in each quarterly diluted EPS computation. Dilutive income per share includes the effect of stock options and other potentially dilutive securities using the treasury stock method. Nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are considered participating securities and are included in the computation of earnings per share. All of the Company's nonvested restricted stock awards qualify as participating securities. There were no dilutive shares at March 31, 2019 or 2018. Earnings per share have been computed as follows for the periods shown: March 31, March 31, 2019 2018 Net interest income $ 14,865 $ 12,414 Net income 4,941 4,069 Basic earnings per share $ 0.45 $ 0.54 Diluted earnings per share $ 0.45 $ 0.54

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE 17 – FAIR VALUE MEASUREMENT The following tables have information about the Company’s assets and liabilities measured at fair value and the fair value techniques used to determine such fair value. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels (Level 1, Level 2, and Level 3). Level 1 - Level 2 - Inputs are inputs other than quoted prices include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 - Inputs are unobservable inputs for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the hierarchy. In such cases, the lowest level of inputs that is significant to the measurement is used for to determine the hierarch for the entire asset or liability. Transfers between levels of the fair value hierarchy are recognized on the actual date of the event or circumstances that caused the transfer, which generally coincides with our quarterly valuation process. There were no transfers between levels during 2019 or 2018. The following assets are measured at fair value on a recurring basis at the dates indicated: March 31, 2019 Total Level 1 Level 2 Level 3 U.S. Treasuries $ 991 $ 991 $ - $ - U.S. Government Agencies 12,295 - 12,295 - Municipal securities 19,377 - 19,377 - Mortgage-backed securities 49,125 - 49,125 - Collateralized mortgage obligations 4,548 - 4,548 - SBA securities 3,936 - 3,936 - Corporate bonds 7,027 - 7,027 - Total assets measured at fair value $ 97,299 $ 991 $ 96,308 $ - December 31, 2018 Total Level 1 Level 2 Level 3 U.S. Treasuries $ 985 $ 985 $ - $ - U.S. Government Agencies 13,765 - 13,765 - Municipal securities 19,503 - 19,503 - Mortgage-backed securities 49,602 - 49,602 - Collateralized mortgage obligations 6,983 - 6,983 - SBA securities 4,241 - 4,241 - Corporate bonds 4,717 - 4,717 - Total assets measured at fair value $ 99,796 $ 985 $ 98,811 $ - The following assets are measured at fair value on a nonrecurring basis as of the dates indicated: Total Level 1 Level 2 Level 3 March 31, 2019 Performing impaired loans $ 766 $ - $ - $ 766 Nonperforming impaired loans 3,608 - - 3,608 OREO 801 - - 801 Total assets measured at fair value $ 5,175 $ - $ - $ 5,175 Total Level 1 Level 2 Level 3 December 31, 2018 Performing impaired loans $ 750 $ - $ - $ 750 Nonperforming impaired loans 3,128 - - 3,128 OREO 801 - - 801 Total assets measured at fair value $ 4,679 $ - $ - $ 4,679 The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan may be considered impaired and an allowance for loan losses is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. The fair value of impaired loans is estimated using one of several methods, including collateral value, market value of similar debt, enterprise and liquidation value and discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. When the fair value of the collateral is based on an observable market price or a current appraised value which uses substantially observable data, the Company records the impaired loan as nonrecurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value or the appraised value contains a significant assumption and there is no observable market price, the Company records the impaired loan as nonrecurring Level 3. The Company records OREO at fair value on a non-recurring basis based on the collateral value of the property. When the fair value of the collateral is based on an observable market price or a current appraised value which uses substantially observable data, the Company records the OREO as non-recurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value or the appraised value contains a significant assumption, and there is no observable market price, the Company records the impaired loan as non-recurring Level 3. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Management also incorporates assumptions regarding market trends or other relevant factors and selling and commission costs ranging from 5% to 7%. Such adjustments and assumptions are typically significant and result in a Level 3 classification of the inputs for determining fair value. The following methods and assumptions were used to estimate the fair value disclosure for financial instruments: Cash and cash equivalents - Cash and cash equivalents include cash and due from banks, interest bearing deposits in banks, and Fed funds sold, and are valued at their carrying amounts because of the short-term nature of these instruments. Interest bearing deposits in banks - Interest bearing deposits in banks are valued based on quoted interest rates for comparable instruments with similar remaining maturities. Investment securities available-for-sale Other equity securities - The carrying value of the FHLB and FRB stock approximates the fair value because the stock is redeemable at par. Loans - Loans with variable interest rates are valued at the current carrying value, because these loans are regularly adjusted to market rates. The fair value of fixed rate with remaining maturities in excess of one year is estimated by discounting the future cash flows using current rates at which similar loans would be made to borrowers with similar credit ratings for the same remaining maturities. The allowance for loan losses is considered to be a reasonable estimate of the loan discount related to credit risk. Interest receivable and payable - The accrued interest receivable and payable balance approximates its fair value. Deposits - The fair value of noninterest bearing deposits, interest bearing transaction accounts and savings accounts is the amount payable on demand at the reporting date. The fair value of time deposits is estimated by discounting the future cash flows using current rates offered for deposits of similar remaining maturities. Other borrowings - The fair value is estimated by discounting the future cash flows using current rates offered for similar borrowings. The discount rate is equal to the market rate of currently offered similar products. This is an adjustable rate borrowing and adjusts to market on a quarterly basis. Junior Subordinated Deferrable Interest Debentures Undisbursed loan commitments and standby letters of credit Loans held for sale - The carrying amounts and fair values of the Company's financial instruments at the dates indicated are presented below: Carrying Fair Fair value measurements March 31, 2019 amount value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 332,472 $ 332,472 $ 332,472 $ - $ - Interest bearing deposits in banks 3,481 3,481 3,481 - - Investment securities available-for-sale 97,299 97,299 991 96,308 - Loans, net 959,561 958,609 - - 958,609 Loans held for sale 4,208 4,208 - 4,208 - Other equity securities 9,262 9,262 9,262 - - Accrued interest receivable 3,641 3,641 - 3,641 - Financial liabilities: Deposits 1,250,567 1,250,932 - 1,250,932 - Subordinated debentures 8,181 8,129 - - 8,129 Accrued interest payable 236 236 - 236 - Off-balance sheet liabilities: Undisbursed loan commitments, lines of credit, standby letters of credit 92,395 92,065 - - 92,065 Carrying Fair Fair value measurements December 31, 2018 amount value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 323,581 $ 323,581 $ 323,581 $ - $ - Interest bearing deposits in banks 3,980 3,980 3,980 - - Investment securities available-for-sale 99,796 99,796 985 98,811 - Loans, net 970,189 967,882 - - 967,882 Loans held for sale 855 855 - 855 - Other equity securities 9,243 9,243 9,243 - - Accrued interest receivable 3,676 3,676 - 3,676 - Financial liabilities: Deposits 1,257,768 1,259,045 - 1,259,045 - Subordinated debentures 8,161 6,824 - - 6,824 Accrued interest payable 198 198 - 198 - Off-balance sheet liabilities: Undisbursed loan commitments, lines of credit, standby letters of credit 101,076 100,746 - - 100,746

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 18 – COMMITMENTS AND CONTINGENCIES Lending and Letter of Credit Commitments In the normal course of business, the Company enters into various commitments to extend credit which are not reflected in the financial statements. These commitments consist of the undisbursed balance on personal, commercial lines, including commercial real estate secured lines of credit, and of undisbursed funds on construction and development loans. At March 31, 2019 and December 31, 2018, undisbursed commitments totaled $90.5 million and $ 99.2 Commitments generally have fixed expiration dates or other termination clauses. The actual liquidity needs or the credit risk that the Company will experience will be lower than the contractual amount of commitments to extend credit because a significant portion of these commitments are expected to expire without being drawn upon. The commitments are generally variable rate and include unfunded home equity lines of credit, commercial real estate construction where disbursement is made over the course of construction, commercial revolving lines of credit, and unsecured personal lines of credit. The Company’s outstanding loan commitments are made using the same underwriting standards as comparable outstanding loans. As of March 31, 2019 and December 31, 2018, the reserve associated with these commitments included in interest payable and other liabilities on the consolidated balance sheets was $330,000. Commercial Real Estate Concentrations At March 31, 2019 and December 31, 2018, in management’s judgment, a concentration of loans existed in commercial real estate related loans. The Company’s commercial real estate loans are secured by owner-occupied and non-owner occupied commercial real estate and multi-family properties. Although management believes that loans within these concentrations have no more than the normal risk of collectability, a decline in the performance of the economy in general or a decline in real estate value in the Company’s primary market areas in particular, could have an adverse impact on collectability. Other Assets The Company has commitments to fund Low Income Housing Tax Credit Partnerships (“LIHTC”) and a Small Business Investment Company (“SBIC”). At both March 31, 2019 and December 31, 2018, the remaining commitments to the LIHTC and SBIC were approximately $3.8 million and $976,000 Deposits At March 31, 2019, approximately $148.8 million, or 11.9%, of the Company's deposits are derived from the top ten depositors. At December 31, 2018, approximately $148.6 million, or 11.5%, of the Company's deposits are derived from the top ten depositors. Local Agency Deposits In the normal course of business, the Company accepts deposits from local agencies. The Company is required to provide collateral for certain local agency deposits in the states of California, New Mexico and Washington. As of March 31, 2019 and December 31, 2018, the FHLB issued letters of credit on behalf of the Company totaling $11.5 million, as collateral for local agency deposits.

ORGANIZATION AND SUMMARY OF SIG

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Revenue Recognition	Revenue Recognition In accordance with Topic 606, revenues are recognized when control of promised goods or services is transferred to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. To determine revenue recognition for arrangements that an entity determines are within the scope of Topic 606, the Company performs the following five steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the Company satisfies a performance obligation. The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company assesses the goods or services that are promised within each contract and identifies those that contain performance obligations; and assesses whether each promised good or service is distinct. The Company then recognizes as revenue the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. All of the Company’s revenue from contracts with customers in scope of ASC 606 is recognized in noninterest income and included in our commercial and consumer banking segment. For the three months ended March 31, 2019, the Company recognized $87,000 in deposit fees, and $42,000 in debit card interchange fees considered in scope of ASC 606. There was a total of $2.0 million of noninterest income considered not in scope of ASC 606. On April 5, 2012, the JOBS Act was signed into law. The JOBS Act contains provisions that, among other things, reduce certain reporting requirements for qualifying public companies. As an “emerging growth company” we may delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. We intend to take advantage of the benefits of this extended transition period. Accordingly, our condensed consolidated financial statements may not be comparable to companies that comply with such new or revised accounting standards.

ACQUISITION (Tables)

ACQUISITION (Tables)	3 Months Ended
	Mar. 31, 2019
Schedule of Business Acquisitions, by Acquisition	The following table summarizes the fair value of the assets acquired and liabilities assumed at the acquisition date: BFC Acquisition Date November 30, 2018 Fair value of assets: Cash and due from banks $ 4,932 Federal funds sold 9,346 Total cash and cash equivalents 14,278 Investment securities 56,198 FHLB stock, at par 154 FRB stock, at par 173 Loans, net 75,384 OREO 1,066 Core deposit intangible 3,604 BOLI 2,937 Deferred tax assets, net 3,291 Other assets 735 Total assets acquired 157,820 Liabilities: Deposits Noninterest bearing 97,771 Interest bearing 37,711 135,482 Junior subordinated debt 2,715 Other liabilities 329 Total liabilities assumed 138,526 Cash consideration 23,523 Goodwill $ 4,229
Business Combination, Segment Allocation	The following table presents the net assets acquired and the estimated fair value adjustments, which resulted in goodwill at the acquisition date: BFC Acquisition Date November 30, 2018 Book value of net assets acquired $ 16,201 Fair value adjustments: Investments (382 ) Loans 284 Branch facilities 668 Write-down on real estate investment (229 ) Core deposit intangible 3,604 Deferred tax assets (1,176 ) Time deposits (54 ) Junior subordinated debt 378 Total purchase accounting adjustments 3,093 Fair value of net assets acquired 19,294 Price paid: Cash paid 23,523 Total price paid 23,523 Goodwill $ 4,229
Schedule Of Business Acquisition Proforma Information	The unaudited pro forma information in the following table is intended for informational purposes only and is not necessarily indicative of future operating results or operating results that would have occurred had the mergers been completed at the beginning of each respective year. No assumptions have been applied to the pro forma results of operation regarding possible revenue enhancements, expense efficiencies or asset dispositions. Three months ended, March 31, 2019 March 31, 2018 Net interest income $ 18,496 $ 15,622 Net income 5,787 4,945 Basic earnings per share $ 0.48 $ 0.57 Diluted earnings per share $ 0.48 $ 0.57
Pro Forma [Member]
Schedule Of Business Acquisition Proforma Information	Unaudited pro forma net interest income, net income and earnings per share are presented below: Three months ended, March 31, 2019 March 31, 2018 Net interest income $ 14,865 $ 14,023 Net income 4,941 4,446 Basic earnings per share $ 0.45 $ 0.59 Diluted earnings per share $ 0.45 $ 0.59

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and estimated fair values of securities available-for-sale	The amortized cost, gross unrealized gains and losses, and estimated fair values of securities available-for-sale at the dates indicated are summarized as follows: Gross Gross Amortized unrealized unrealized Estimated March 31, 2019 cost gains losses fair value U.S. Treasuries $ 989 $ 2 $ - $ 991 U.S. Government Agencies 12,267 45 (17 ) 12,295 Municipal securities 19,232 199 (54 ) 19,377 Mortgage-backed securities 48,598 625 (98 ) 49,125 Collateralized mortgage obligations 4,511 54 (17 ) 4,548 SBA securities 3,990 5 (59 ) 3,936 Corporate bonds 7,018 20 (11 ) 7,027 Total $ 96,605 $ 950 $ (256 ) $ 97,299 Gross Gross Amortized unrealized unrealized Estimated December 31, 2018 cost gains losses fair value U.S. Treasuries $ 984 $ 1 $ - $ 985 U.S. Government Agencies 13,761 21 (17 ) 13,765 Municipal securities 19,604 65 (166 ) 19,503 Mortgage-backed securities 49,565 243 (206 ) 49,602 Collateralized mortgage obligations 4,705 32 (20 ) 4,717 SBA securities 4,300 2 (61 ) 4,241 Corporate bonds 7,016 4 (37 ) 6,983 Total $ 99,935 $ 368 $ (507 ) $ 99,796
Schedule of available-for-sale securities, continuous unrealized loss position, fair value	The estimated fair value and gross unrealized losses for securities available-for-sale aggregated by the length of time that individual securities have been in a continuous unrealized loss position at the dates indicated are as follows: Less than 12 months 12 months or more Total Estimated Unrealized Estimated Unrealized Estimated Unrealized March 31, 2019 fair value loss fair value loss fair value loss U.S. Treasuries $ - $ - $ - $ - $ - $ - U.S. Government Agencies 1,510 (14 ) 1,747 (3 ) 3,257 (17 ) Municipal securities 1,526 (2 ) 7,164 (52 ) 8,690 (54 ) Mortgage-backed securities 10,301 (47 ) 6,017 (51 ) 16,318 (98 ) Collateralized mortgage obligations 957 (11 ) 810 (6 ) 1,767 (17 ) SBA securities - - 2,803 (59 ) 2,803 (59 ) Corporate bonds 1,513 (11 ) - - 1,513 (11 ) Total $ 15,807 $ (85 ) $ 18,541 $ (171 ) $ 34,348 $ (256 ) Less than 12 months 12 months or more Total Estimated Unrealized Estimated Unrealized Estimated Unrealized December 31, 2018 fair value loss fair value loss fair value loss U.S. Treasuries $ - $ - $ - $ - $ - $ - U.S. Government Agencies 4,014 (9 ) 1,743 (8 ) 5,757 (17 ) Municipal securities 6,883 (35 ) 7,537 (131 ) 14,420 (166 ) Mortgage-backed securities 14,919 (91 ) 6,054 (115 ) 20,973 (206 ) Collateralized mortgage obligations 2,427 (9 ) 477 (11 ) 2,904 (20 ) SBA securities 677 (32 ) 2,336 (29 ) 3,013 (61 ) Corporate bonds 4,975 (37 ) - - 4,975 (37 ) Total $ 33,895 $ (213 ) $ 18,147 $ (294 ) $ 52,042 $ (507 )
Schedule of investments classified by contractual maturity date	The amortized cost and estimated fair value of securities available-for-sale at the dates indicated by contractual maturity are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. March 31, 2019 December 31, 2018 Amortized Estimated Amortized Estimated cost fair value cost fair value Available-for-sale: Due in one year or less $ 13,865 $ 13,878 $ 14,292 $ 14,279 Due after one through five years 27,416 27,627 26,287 26,327 Due after five years through ten years 16,345 16,514 20,840 20,758 Due after ten years 38,979 39,280 38,516 38,432 Total $ 96,605 $ 97,299 $ 99,935 $ 99,796

LOANS (Tables)

LOANS (Tables)	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Schedule of accounts, notes, loans and financing receivable	The Company’s loan portfolio at the dates indicated is summarized below: March 31, December 31, 2019 2018 Commercial and industrial $ 126,580 $ 121,855 Construction and land 45,669 47,302 Commercial real estate 691,055 701,983 Residential 100,467 102,708 Consumer 1,553 1,847 Total loans 965,324 975,695 Net deferred loan fees (358 ) (366 ) Allowance for loan losses (5,405 ) (5,140 ) Net loans $ 959,561 $ 970,189
Schedule of impaired financing receivables	The Company’s total impaired loans, including nonaccrual loans, accruing TDR loans and accreting purchase credit impaired (“PCI”) loans that have experienced post-acquisition declines in cash flows expected to be collected are summarized as follows: Commercial and industrial Construction and land Commercial real estate Residential Consumer Total March 31, 2019 Recorded investment in impaired loans: With no specific allowance recorded $ 2,378 $ - $ 1,342 $ 645 $ - $ 4,365 With a specific allowance recorded 10 - - - - 10 Total recorded investment in impaired loans $ 2,388 $ - $ 1,342 $ 645 $ - $ 4,375 Specific allowance on impaired loans 10 - - - - 10 December 31, 2018 Recorded investment in impaired loans: With no specific allowance recorded $ 1,868 $ - $ 1,346 $ 654 $ - $ 3,868 With a specific allowance recorded 10 - - - - 10 Total recorded investment in impaired loans $ 1,878 $ - $ 1,346 $ 654 $ - $ 3,878 Specific allowance on impaired loans 10 - - - - 10 Three months ended March 31, 2019 Average recorded investment in impaired loans $ 2,372 $ - $ 1,344 $ 650 $ - $ 4,366 Interest recognized 33 - 20 1 - 54 Three months ended March 31, 2018 Average recorded investment in impaired loans - - 890 132 - 1,022 Interest recognized - - 10 - - 10
Schedule of debtor troubled debt restructuring, current period	The following tables present loans by class, modified as troubled debt restructurings (“TDRs”), during the periods indicated: Three months ended March 31, 2019 Number of loans Rate modification Term modification Interest only modification Combined modification Total Commercial and industrial 2 $ - $ 176 $ - $ 321 $ 497 Construction and land - - - - - - Commercial real estate - - - - - - Residential - - - - - - Consumer - - - - - - Total 2 $ - $ 176 $ - $ 321 $ 497 Year ended December 31, 2018 Number of loans Rate modification Term modification Interest only modification Combined modification Total Commercial and industrial - $ - $ - $ - $ - $ - Construction and land - - - - - - Commercial real estate - - - - - - Residential 2 - 125 - 471 596 Consumer - - - - - - Total 2 $ - $ 125 $ - $ 471 $ 596
Schedule of financing receivable credit quality indicators	The following tables present the internally assigned risk grade by class of loans at the dates indicated: Special March 31, 2019 Pass mention Substandard Doubtful Total Commercial and industrial $ 123,935 $ 1,972 $ 673 $ - $ 126,580 Construction and land 42,755 152 2,762 - 45,669 Commercial real estate 672,715 16,105 2,235 - 691,055 Residential 99,240 582 645 - 100,467 Consumer 1,541 12 - - 1,553 Total $ 940,186 $ 18,823 $ 6,315 $ - $ 965,324 Special December 31, 2018 Pass mention Substandard Doubtful Total Commercial and industrial $ 119,926 $ 1,302 $ 627 $ - $ 121,855 Construction and land 44,490 - 2,812 - 47,302 Commercial real estate 686,154 12,120 3,709 - 701,983 Residential 101,908 147 653 - 102,708 Consumer 1,847 - - - 1,847 Total $ 954,325 $ 13,569 $ 7,801 $ - $ 975,695
Schedule of past due financing receivables	The following tables provide an aging of the Company’s loans receivable as of the dates indicated: 90 Days 30-59 Days 60-89 Days or more Total Total loans Nonaccrual March 31, 2019 past due past due past due past due Current PCI loans receivable loans Commercial and industrial $ 593 $ 19 $ 1,861 $ 2,473 $ 124,103 $ 4 $ 126,580 $ 2,388 Construction and land - - - - 45,445 224 45,669 - Commercial real estate 7,791 484 - 8,275 673,040 9,740 691,055 576 Residential 343 - 57 400 98,295 1,772 100,467 645 Consumer 1 - - 1 1,552 - 1,553 - Total $ 8,728 $ 503 $ 1,918 $ 11,149 $ 942,435 $ 11,740 $ 965,324 $ 3,609 90 Days 30-59 Days 60-89 Days or more Total Total loans Nonaccrual December 31, 2018 past due past due past due past due Current PCI loans receivable loans Commercial and industrial $ 270 $ 349 $ 1,861 $ 2,480 $ 119,373 $ 2 $ 121,855 $ 1,878 Construction and land - - - - 47,069 233 47,302 - Commercial real estate 2,345 356 501 3,202 688,005 10,776 701,983 596 Residential 93 - 57 150 100,765 1,793 102,708 654 Consumer - 4 - 4 1,843 - 1,847 - Total $ 2,708 $ 709 $ 2,419 $ 5,836 $ 957,055 $ 12,804 $ 975,695 $ 3,128
Schedule of purchase credit impaired loans	The unpaid principal balance and carrying value of the Company’s PCI loans at the dates indicated are as follows: March 31, 2019 December 31, 2018 Unpaid Unpaid principal Carrying principal Carrying balance value balance value Commercial and industrial $ 125 $ 4 $ 125 $ 2 Construction and land 323 224 335 233 Commercial real estate 11,535 9,740 12,605 10,776 Residential 2,358 1,772 2,381 1,793 Consumer - - - - Total $ 14,341 $ 11,740 $ 15,446 $ 12,804

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Allowance for Credit Losses on Financing Receivables	The following tables summarize the Company’s allowance for loan losses individually and collectively evaluated for impairment by loan product as of or for the periods ending as indicated: Three months ended March 31, 2019 Commercial and industrial Construction and land Commercial real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 1,017 $ 327 $ 3,214 $ 215 $ 3 $ 364 $ 5,140 Charge-offs - - (17 ) - (4 ) - (21 ) Recoveries 9 - - - - - 9 Provision for loan losses 109 13 129 20 3 3 277 Ending balance $ 1,135 $ 340 $ 3,326 $ 235 $ 2 $ 367 $ 5,405 Allowance for loan losses related to: Loans individually evaluated for impairment $ 10 $ - $ - $ - $ - $ - $ 10 Loans collectively evaluated for impairment 1,125 340 3,326 235 2 367 5,395 PCI loans - - - - - - - Commercial Construction Commercial Three months ended March 31, 2018 and industrial and land real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 841 $ 199 $ 2,620 $ 150 $ 3 $ 402 $ 4,215 Charge-offs - - - - - - - Recoveries 131 - - - - - 131 Provision for loan losses 33 52 162 10 (3 ) - 254 Ending balance $ 1,005 $ 251 $ 2,782 $ 160 $ - $ 402 $ 4,600 Allowance for loan losses related to: Loans individually evaluated for impairment $ 11 $ - $ - $ - $ - $ - $ 11 Loans collectively evaluated for impairment 994 251 2,782 160 - 402 4,589 PCI loans - - - - - - -

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	3 Months Ended
	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Premises and equipment consisted of the following at the dates indicated: March 31, December 31, 2019 2018 Premises owned $ 4,787 $ 10,267 Write-down on premises owned - (600 ) Premises owned, net 4,787 9,667 Leasehold improvements 1,743 1,654 Furniture, fixtures and equipment 3,873 3,835 Less accumulated depreciation and amortization (3,924 ) (3,988 ) Total premises and equipment, net $ 6,479 $ 11,168
Schedule of Future Minimum Rental Payments for Operating Leases	The periods prior to the date of adoption are accounted for under Lease Topic 840; therefore, the following disclosures of future minimum lease payments as of March 31, 2019, include only the periods for which Topic 842 was effective: Year ending December 31, 2019 $ 1,616 2020 1,898 2021 1,575 2022 1,442 2023 953 Thereafter 434 Total lease payments 7,918 Less: interest (100 ) Present value of lease liabilities $ 7,818
Schedule Of Other Information Related To Leases	The following table presents the weighted average operating lease term and discount rate at the date indicated: March 31, 2019 Weighted-average remaining lease term 4.46 years Weighted-average discount rate 2.89 %

CASH SURRENDER VALUE OF LIFE _2

CASH SURRENDER VALUE OF LIFE INSURANCE (Tables)	3 Months Ended
	Mar. 31, 2019
CASH SURRENDER VALUE OF LIFE INSURANCE [Abstract]
Summary of Activity on the Bank Owned Life Insurance Policies	Activity on the Bank owned life insurance policies is as follows for the periods indicated: March 31, December 31, 2019 2018 Beginning balance $ 19,602 $ 17,132 Increase in cash value of life insurance 164 304 Additional policies purchased - 2,943 Death benefit carrying value payout - (777 ) Ending balance $ 19,766 $ 19,602 End of period death benefit $ 42,255 $ 42,374 Number of policies owned 51 51 Insurance companies used 7 7 Current and former directors and officers covered 28 28

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Company's goodwill	Changes in the Company’s goodwill for the periods indicated are as follows: March 31, December 31, 2019 2018 Balance at beginning of period $ 14,594 $ 10,365 Acquired goodwill - 4,229 Impairment - - Balance at end of period $ 14,594 $ 14,594
Schedule of finite-lived intangible assets	Changes in the Company’s core deposit intangible for the periods indicated were as follows: March 31, December 31, 2019 2018 Balance at beginning of period $ 7,205 $ 4,772 Additions - 3,604 Less amortization (389 ) (1,171 ) Balance at end of period $ 6,816 $ 7,205
Schedule of finite-lived intangible assets, future amortization expense	Estimated annual amortization at March 31, 2019 is as follows: Year ending December 31, 2019 $ 1,156 2020 1,395 2021 1,368 2022 1,368 2023 542 Thereafter 987 Total $ 6,816

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	3 Months Ended
	Mar. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of other assets	The Company’s other assets at the dates indicated consisted of the following: March 31, December 31, 2019 2018 Deferred tax assets, net $ 5,655 $ 5,891 Accrued interest receivable 3,641 3,676 Investment in SBIC Fund 1,805 1,347 Prepaid assets 2,264 2,156 Servicing asset 673 814 Low income housing partnership, net 537 607 Investment in statutory trusts 395 395 Proceeds receivable on sale of premises 4,629 - All other 630 2,495 Total $ 20,229 $ 17,381

DEPOSITS (Tables)

DEPOSITS (Tables)	3 Months Ended
	Mar. 31, 2019
Banking and Thrift [Abstract]
Deposit liabilities, type	The Company’s deposits consisted of the following at the dates indicated: March 31, December 31, 2019 2018 Demand deposits $ 416,804 $ 398,045 NOW accounts and savings 250,213 246,288 Money market 372,525 398,081 Time under $250,000 116,747 117,653 Time $250,000 and over 94,278 97,701 Total $ 1,250,567 $ 1,257,768

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2019
Other Liabilities Disclosure [Abstract]
Other liabilities	The Company’s other liabilities at the dates indicated consisted of the following: March 31, December 31, 2019 2018 Accrued expenses $ 3,747 $ 5,508 Deferred rents - 528 CDARs deferred fees 456 494 Contingent liability 403 418 Accounts payable 811 811 Reserve for unfunded commitments 330 330 Accrued interest 254 217 Miscellaneous other liabilities 92 69 Total $ 6,093 $ 8,375

EQUITY INCENTIVE PLANS (Tables)

EQUITY INCENTIVE PLANS (Tables)	3 Months Ended
	Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of nonvested restricted stock units activity	The following table provides the restricted stock grant activity for the periods indicated: Three months ended March 31, 2019 Year ended December 31, 2018 Weighted-average Weighted-average grant date grant date Shares fair value Shares fair value Non-vested, beginning of period 131,000 $ 19.18 67,481 $ 13.51 Granted 22,289 22.38 93,380 21.58 Vested (19,253 ) 19.51 (29,861 ) 13.88 Non-vested, end of period 134,036 $ 20.76 131,000 $ 19.18

EARNINGS PER SHARE CALCULATION

EARNINGS PER SHARE CALCULATION (Tables)	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Schedule of earnings per share, basic and diluted	Earnings per share have been computed as follows for the periods shown: March 31, March 31, 2019 2018 Net interest income $ 14,865 $ 12,414 Net income 4,941 4,069 Basic earnings per share $ 0.45 $ 0.54 Diluted earnings per share $ 0.45 $ 0.54

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of fair value, assets measured on recurring basis	The following assets are measured at fair value on a recurring basis at the dates indicated: March 31, 2019 Total Level 1 Level 2 Level 3 U.S. Treasuries $ 991 $ 991 $ - $ - U.S. Government Agencies 12,295 - 12,295 - Municipal securities 19,377 - 19,377 - Mortgage-backed securities 49,125 - 49,125 - Collateralized mortgage obligations 4,548 - 4,548 - SBA securities 3,936 - 3,936 - Corporate bonds 7,027 - 7,027 - Total assets measured at fair value $ 97,299 $ 991 $ 96,308 $ - December 31, 2018 Total Level 1 Level 2 Level 3 U.S. Treasuries $ 985 $ 985 $ - $ - U.S. Government Agencies 13,765 - 13,765 - Municipal securities 19,503 - 19,503 - Mortgage-backed securities 49,602 - 49,602 - Collateralized mortgage obligations 6,983 - 6,983 - SBA securities 4,241 - 4,241 - Corporate bonds 4,717 - 4,717 - Total assets measured at fair value $ 99,796 $ 985 $ 98,811 $ -
Schedule of fair value measurements, nonrecurring	The following assets are measured at fair value on a nonrecurring basis as of the dates indicated: Total Level 1 Level 2 Level 3 March 31, 2019 Performing impaired loans $ 766 $ - $ - $ 766 Nonperforming impaired loans 3,608 - - 3,608 OREO 801 - - 801 Total assets measured at fair value $ 5,175 $ - $ - $ 5,175 Total Level 1 Level 2 Level 3 December 31, 2018 Performing impaired loans $ 750 $ - $ - $ 750 Nonperforming impaired loans 3,128 - - 3,128 OREO 801 - - 801 Total assets measured at fair value $ 4,679 $ - $ - $ 4,679
Schedule of estimated fair value of financial instruments	The carrying amounts and fair values of the Company's financial instruments at the dates indicated are presented below: Carrying Fair Fair value measurements March 31, 2019 amount value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 332,472 $ 332,472 $ 332,472 $ - $ - Interest bearing deposits in banks 3,481 3,481 3,481 - - Investment securities available-for-sale 97,299 97,299 991 96,308 - Loans, net 959,561 958,609 - - 958,609 Loans held for sale 4,208 4,208 - 4,208 - Other equity securities 9,262 9,262 9,262 - - Accrued interest receivable 3,641 3,641 - 3,641 - Financial liabilities: Deposits 1,250,567 1,250,932 - 1,250,932 - Subordinated debentures 8,181 8,129 - - 8,129 Accrued interest payable 236 236 - 236 - Off-balance sheet liabilities: Undisbursed loan commitments, lines of credit, standby letters of credit 92,395 92,065 - - 92,065 Carrying Fair Fair value measurements December 31, 2018 amount value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 323,581 $ 323,581 $ 323,581 $ - $ - Interest bearing deposits in banks 3,980 3,980 3,980 - - Investment securities available-for-sale 99,796 99,796 985 98,811 - Loans, net 970,189 967,882 - - 967,882 Loans held for sale 855 855 - 855 - Other equity securities 9,243 9,243 9,243 - - Accrued interest receivable 3,676 3,676 - 3,676 - Financial liabilities: Deposits 1,257,768 1,259,045 - 1,259,045 - Subordinated debentures 8,161 6,824 - - 6,824 Accrued interest payable 198 198 - 198 - Off-balance sheet liabilities: Undisbursed loan commitments, lines of credit, standby letters of credit 101,076 100,746 - - 100,746

BASIS OF PRESENTATION (Details

BASIS OF PRESENTATION (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	Dec. 07, 2018
Proceeds from Deposits from Customers	$ 87
New Revenue Recognition Accounting Standard	2,000
Right-of-use assets	7,502	$ 7,800	$ 0
Lease liabilities	7,818	$ 8,200	$ 0
Uniti Financial Corporation [Member]
Business Acquisition, Transaction Costs				$ 63,900
Debit Card [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 42

ACQUISITION (Details)

ACQUISITION (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Nov. 30, 2018	Dec. 31, 2017
Fair value of Assets:
Cash and due from banks	$ 20,370	$ 20,846
Federal funds sold	312,102	302,735
Total cash and cash equivalents	332,472	323,581
FHLB stock, at par	5,096	5,162
FRB stock, at par	4,166	4,081
Loans, net	958,609	967,882
OREO	801	801
Core deposit intangible	6,816	7,205		$ 4,772
Deferred tax asset, net	5,655	5,891
Other assets	20,229	17,381
Deposits
Noninterest bearing	1,250,567	1,257,768
Total deposits	1,250,567	1,257,768
Junior subordinated debt	8,181	8,161
Other liabilities	6,093	8,375
Total liabilities assumed	1,276,059	1,277,642
Cash consideration	403	418
Goodwill	$ 14,594	$ 14,594		$ 10,365
Bethlehem Financial Corporation [Member]
Fair value of Assets:
Cash and due from banks			$ 4,932
Federal funds sold			9,346
Total cash and cash equivalents			14,278
Investment securities			56,198
FHLB stock, at par			154
FRB stock, at par			173
Loans, net			75,384
OREO			1,066
Core deposit intangible			3,604
BOLI			2,937
Deferred tax asset, net			3,291
Other assets			735
Total assets acquired			157,820
Deposits
Noninterest bearing			97,771
Interest bearing			37,711
Total deposits			135,482
Junior subordinated debt			378
Other liabilities			329
Total liabilities assumed			138,526
Cash consideration			23,523
Goodwill			4,229
Bethlehem Financial Corporation [Member] | Liability [Member]
Deposits
Junior subordinated debt			$ 2,715

ACQUISITION (Details 1)

ACQUISITION (Details 1) - USD ($) $ in Thousands	1 Months Ended
	Nov. 30, 2018	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Fair value adjustments:
Loans		$ 959,561	$ 970,189
Core deposit intangible		6,816	7,205	$ 4,772
Junior subordinated debt		8,181	8,161
Goodwill		$ 14,594	$ 14,594	$ 10,365
Bethlehem Financial Corporation [Member]
Book value of net assets acquired	$ 16,201
Fair value adjustments:
Investments	(382)
Loans	284
Branch facilities, net	668
Write-down on real estate investment	(229)
Core deposit intangible	3,604
Deferred tax asset, net	(1,176)
Time-deposits	(54)
Junior subordinated debt	378
Total purchase accounting adjustments	3,093
Fair value of net assets acquired	19,294
Cash paid	23,523
Total price paid	23,523
Goodwill	$ 4,229

ACQUISITION (Details 2)

ACQUISITION (Details 2) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net interest income	$ 14,865	$ 12,414
Diluted earnings per share	$ 0.45	$ 0.59
Pro Forma [Member]
Net interest income	$ 14,865	$ 14,023
Net income	$ 4,941	$ 4,446
Basic earnings per share	$ 0.45	$ 0.59

ACQUISITION (Details 3)

ACQUISITION (Details 3) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net interest income	$ 14,865	$ 12,414
Diluted earnings per share	$ 0.45	$ 0.59
Pending Acquisition [Member]
Net interest income	$ 18,496	$ 15,622
Net income	$ 5,787	$ 4,945
Basic earnings per share	$ 0.48	$ 0.57
Diluted earnings per share	$ 0.48	$ 0.57

ACQUISITION (Details Textual)

ACQUISITION (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Dec. 07, 2018	Mar. 31, 2019	Dec. 31, 2018	Nov. 30, 2018
Assets		$ 1,482,470	$ 1,478,395
Deposits		1,250,567	$ 1,257,768
Bethlehem Financial Corporation [Member]
Business Acquisition, Share Price				$ 62
Assets		329,300
Bank Loans		277,000
Deposits				$ 135,482
Business Combination Cash Consideration Payable				$ 23,500
Business Combination Recognition In Equity		48,600
Uniti Financial Corporation [Member]
Common Stock, Conversion Basis	0.07234 shares of Company common stock for each share of Uniti common stock
Business Acquisition, Share Price	$ 2.30
Deposits		$ 278,600
Business Combination Cash Consideration Payable	$ 63,900
Common Stock, Par or Stated Value Per Share	$ 23.39

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Amortized cost	$ 96,605	$ 99,935
Gross Unrealized gains	950	368
Gross Unrealized losses	(256)	(507)
Estimated fair value	97,299	99,796
US Treasury Securities [Member]
Amortized cost	989	984
Gross Unrealized gains	2	1
Gross Unrealized losses	0	0
Estimated fair value	991	985
U.S. Government Agencies [Member]
Amortized cost	12,267	13,761
Gross Unrealized gains	45	21
Gross Unrealized losses	(17)	(17)
Estimated fair value	12,295	13,765
Municipal securities [Member]
Amortized cost	19,232	19,604
Gross Unrealized gains	199	65
Gross Unrealized losses	(54)	(166)
Estimated fair value	19,377	19,503
Mortgage-backed securities [Member]
Amortized cost	48,598	49,565
Gross Unrealized gains	625	243
Gross Unrealized losses	(98)	(206)
Estimated fair value	49,125	49,602
Collateralized Mortgage Obligations [Member]
Amortized cost	4,511	4,705
Gross Unrealized gains	54	32
Gross Unrealized losses	(17)	(20)
Estimated fair value	4,548	4,717
SBA Securites [Member]
Amortized cost	3,990	4,300
Gross Unrealized gains	5	2
Gross Unrealized losses	(59)	(61)
Estimated fair value	3,936	4,241
Corporate Bond Securities [Member]
Amortized cost	7,018	7,016
Gross Unrealized gains	20	4
Gross Unrealized losses	(11)	(37)
Estimated fair value	$ 7,027	$ 6,983

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 1) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Less than 12 months Estimated Fair Value	$ 15,807	$ 33,895
Less than 12 months Unrealized Loss	(85)	(213)
12 months or more Estimated Fair Value	18,541	18,147
12 months or more Unrealized Loss	(171)	(294)
Total Estimated Fair Value	34,348	52,042
Total Unrealized Loss	(256)	(507)
US Treasury Securities [Member]
Less than 12 months Estimated Fair Value	0	0
Less than 12 months Unrealized Loss	0	0
12 months or more Estimated Fair Value	0	0
12 months or more Unrealized Loss	0	0
Total Estimated Fair Value	0	0
Total Unrealized Loss	0	0
U.S. Government Agencies [Member]
Less than 12 months Estimated Fair Value	1,510	4,014
Less than 12 months Unrealized Loss	(14)	(9)
12 months or more Estimated Fair Value	1,747	1,743
12 months or more Unrealized Loss	(3)	(8)
Total Estimated Fair Value	3,257	5,757
Total Unrealized Loss	(17)	(17)
Municipal securities [Member]
Less than 12 months Estimated Fair Value	1,526	6,883
Less than 12 months Unrealized Loss	(2)	(35)
12 months or more Estimated Fair Value	7,164	7,537
12 months or more Unrealized Loss	(52)	(131)
Total Estimated Fair Value	8,690	14,420
Total Unrealized Loss	(54)	(166)
Mortgage-backed securities [Member]
Less than 12 months Estimated Fair Value	10,301	14,919
Less than 12 months Unrealized Loss	(47)	(91)
12 months or more Estimated Fair Value	6,017	6,054
12 months or more Unrealized Loss	(51)	(115)
Total Estimated Fair Value	16,318	20,973
Total Unrealized Loss	(98)	(206)
Collateralized mortgage obligations [Member]
Less than 12 months Estimated Fair Value	957	2,427
Less than 12 months Unrealized Loss	(11)	(9)
12 months or more Estimated Fair Value	810	477
12 months or more Unrealized Loss	(6)	(11)
Total Estimated Fair Value	1,767	2,904
Total Unrealized Loss	(17)	(20)
SBA Securites [Member]
Less than 12 months Estimated Fair Value	0	677
Less than 12 months Unrealized Loss	0	(32)
12 months or more Estimated Fair Value	2,803	2,336
12 months or more Unrealized Loss	(59)	(29)
Total Estimated Fair Value	2,803	3,013
Total Unrealized Loss	(59)	(61)
Corporate Bond Securities [Member]
Less than 12 months Estimated Fair Value	1,513	4,975
Less than 12 months Unrealized Loss	(11)	(37)
12 months or more Estimated Fair Value	0	0
12 months or more Unrealized Loss	0	0
Total Estimated Fair Value	1,513	4,975
Total Unrealized Loss	$ (11)	$ (37)

INVESTMENT SECURITIES (Detail_2

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Available-for-sale: Amortized Cost
Due in one year or less	$ 13,865	$ 14,292
Due after one through five years	27,416	26,287
Due after five years through ten years	16,345	20,840
Due after ten years	38,979	38,516
Available-for-sale Amortized Cost	96,605	99,935
Available-for-sale: Fair Value
Due in one year or less	13,878	14,279
Due after one through five years	27,627	26,327
Due after five years through ten years	16,514	20,758
Due after ten years	39,280	38,432
Available-for-sale Fair Value	$ 97,299	$ 99,796

INVESTMENT SECURITIES (Detail_3

INVESTMENT SECURITIES (Details Textual)	Mar. 31, 2019Investment
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	215
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	33
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	24

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Commercial and industrial	$ 126,580	$ 121,855
Construction and land	45,669	47,302
Commercial real estate	691,055	701,983
Residential	100,467	102,708
Consumer	1,553	1,847
Total loans	965,324	975,695
Net deferred loan fees	(358)	(366)
Allowance for loan losses	(5,405)	(5,140)	$ (4,600)	$ (4,215)
Net loans	$ 959,561	$ 970,189

LOANS (Details 1)

LOANS (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Total recorded investment in impaired loans	$ 4,375		$ 3,878
Specific allowance on impaired loans	10		10
Average recorded investment in impaired loans	4,366	$ 1,022
Interest recognized	54	10
Consumer [Member]
Total recorded investment in impaired loans	0		0
Specific allowance on impaired loans	0		0
Average recorded investment in impaired loans	0	0
Interest recognized	0	0
Commercial real estate [Member]
Total recorded investment in impaired loans	1,342		1,346
Specific allowance on impaired loans	0		0
Average recorded investment in impaired loans	1,344	890
Interest recognized	20	10
Residential [Member]
Total recorded investment in impaired loans	645		654
Specific allowance on impaired loans	0		0
Average recorded investment in impaired loans	650	132
Interest recognized	1	0
Commercial and industrial [Member]
Total recorded investment in impaired loans	2,388		1,878
Specific allowance on impaired loans	10		10
Average recorded investment in impaired loans	2,372	0
Interest recognized	33	0
Construction and land [Member]
Total recorded investment in impaired loans	0		0
Specific allowance on impaired loans	0		0
Average recorded investment in impaired loans	0	0
Interest recognized	0	$ 0
With No Related Allowance Recorded [Member]
With no specific allowance recorded	4,365		3,868
With No Related Allowance Recorded [Member] | Consumer [Member]
With no specific allowance recorded	0		0
With No Related Allowance Recorded [Member] | Commercial real estate [Member]
With no specific allowance recorded	1,342		1,346
With No Related Allowance Recorded [Member] | Residential [Member]
With no specific allowance recorded	645		654
With No Related Allowance Recorded [Member] | Commercial and industrial [Member]
With no specific allowance recorded	2,378		1,868
With No Related Allowance Recorded [Member] | Construction and land [Member]
With no specific allowance recorded	0		0
With An Allowance Recorded [Member]
With a specific allowance recorded	10		10
With An Allowance Recorded [Member] | Consumer [Member]
With a specific allowance recorded	0		0
With An Allowance Recorded [Member] | Commercial real estate [Member]
With a specific allowance recorded	0		0
With An Allowance Recorded [Member] | Residential [Member]
With a specific allowance recorded	0		0
With An Allowance Recorded [Member] | Commercial and industrial [Member]
With a specific allowance recorded	10		10
With An Allowance Recorded [Member] | Construction and land [Member]
With a specific allowance recorded	$ 0		$ 0

LOANS (Details 2)

LOANS (Details 2) - Troubled Debt Restructurings [Member] $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019USD ($)Number	Dec. 31, 2018USD ($)Number
Number of Loans | Number	2	2
Rate Modification	$ 0	$ 0
Term Modification	176	125
Interest Only Modification	0	0
Rate & Term Modification	321	471
Total	$ 497	$ 596
Consumer [Member]
Number of Loans | Number	0	0
Rate Modification	$ 0	$ 0
Term Modification	0	0
Interest Only Modification	0	0
Rate & Term Modification	0	0
Total	$ 0	$ 0
Commercial real estate [Member]
Number of Loans | Number	0	0
Rate Modification	$ 0	$ 0
Term Modification	0	0
Interest Only Modification	0	0
Rate & Term Modification	0	0
Total	$ 0	$ 0
Residential [Member]
Number of Loans | Number	0	2
Rate Modification	$ 0	$ 0
Term Modification	0	125
Interest Only Modification	0	0
Rate & Term Modification	0	471
Total	$ 0	$ 596
Commercial and industrial [Member]
Number of Loans | Number	2	0
Rate Modification	$ 0	$ 0
Term Modification	176	0
Interest Only Modification	0	0
Rate & Term Modification	321	0
Total	$ 497	$ 0
Construction and land [Member]
Number of Loans | Number	0	0
Rate Modification	$ 0	$ 0
Term Modification	0	0
Interest Only Modification	0	0
Rate & Term Modification	0	0
Total	$ 0	$ 0

LOANS (Details 3)

LOANS (Details 3) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Total loans [Member]
Risk Category Of Loans By Class	$ 965,324	$ 975,695
Total loans [Member] | Consumer [Member]
Risk Category Of Loans By Class	1,553	1,847
Total loans [Member] | Commercial real estate [Member]
Risk Category Of Loans By Class	691,055	701,983
Total loans [Member] | Residential [Member]
Risk Category Of Loans By Class	100,467	102,708
Total loans [Member] | Commercial and industrial [Member]
Risk Category Of Loans By Class	126,580	121,855
Total loans [Member] | Construction and land [Member]
Risk Category Of Loans By Class	45,669	47,302
Pass [Member]
Risk Category Of Loans By Class	940,186	954,325
Pass [Member] | Consumer [Member]
Risk Category Of Loans By Class	1,541	1,847
Pass [Member] | Commercial real estate [Member]
Risk Category Of Loans By Class	672,715	686,154
Pass [Member] | Residential [Member]
Risk Category Of Loans By Class	99,240	101,908
Pass [Member] | Commercial and industrial [Member]
Risk Category Of Loans By Class	123,935	119,926
Pass [Member] | Construction and land [Member]
Risk Category Of Loans By Class	42,755	44,490
Special Mention [Member]
Risk Category Of Loans By Class	18,823	13,569
Special Mention [Member] | Consumer [Member]
Risk Category Of Loans By Class	12	0
Special Mention [Member] | Commercial real estate [Member]
Risk Category Of Loans By Class	16,105	12,120
Special Mention [Member] | Residential [Member]
Risk Category Of Loans By Class	582	147
Special Mention [Member] | Commercial and industrial [Member]
Risk Category Of Loans By Class	1,972	1,302
Special Mention [Member] | Construction and land [Member]
Risk Category Of Loans By Class	152	0
Substandard [Member]
Risk Category Of Loans By Class	6,315	7,801
Substandard [Member] | Consumer [Member]
Risk Category Of Loans By Class	0	0
Substandard [Member] | Commercial real estate [Member]
Risk Category Of Loans By Class	2,235	3,709
Substandard [Member] | Residential [Member]
Risk Category Of Loans By Class	645	653
Substandard [Member] | Commercial and industrial [Member]
Risk Category Of Loans By Class	673	627
Substandard [Member] | Construction and land [Member]
Risk Category Of Loans By Class	2,762	2,812
Doubtful [Member]
Risk Category Of Loans By Class	0	0
Doubtful [Member] | Consumer [Member]
Risk Category Of Loans By Class	0	0
Doubtful [Member] | Commercial real estate [Member]
Risk Category Of Loans By Class	0	0
Doubtful [Member] | Residential [Member]
Risk Category Of Loans By Class	0	0
Doubtful [Member] | Commercial and industrial [Member]
Risk Category Of Loans By Class	0	0
Doubtful [Member] | Construction and land [Member]
Risk Category Of Loans By Class	$ 0	$ 0

LOANS (Details 4)

LOANS (Details 4) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Total Past Due	$ 11,149	$ 5,836
Current	942,435	957,055
PCI Loans	11,740	12,804
Total Loans Receivable	965,324	975,695
Recorded Investment > 90 Days and Accruing	3,609	3,128
Consumer [Member]
Total Past Due	1	4
Current	1,552	1,843
PCI Loans	0	0
Total Loans Receivable	1,553	1,847
Recorded Investment > 90 Days and Accruing	0	0
Commercial real estate [Member]
Total Past Due	8,275	3,202
Current	673,040	688,005
PCI Loans	9,740	10,776
Total Loans Receivable	691,055	701,983
Recorded Investment > 90 Days and Accruing	576	596
Residential [Member]
Total Past Due	400	150
Current	98,295	100,765
PCI Loans	1,772	1,793
Total Loans Receivable	100,467	102,708
Recorded Investment > 90 Days and Accruing	645	654
Commercial and industrial [Member]
Total Past Due	2,473	2,480
Current	124,103	119,373
PCI Loans	4	2
Total Loans Receivable	126,580	121,855
Recorded Investment > 90 Days and Accruing	2,388	1,878
Construction and land [Member]
Total Past Due	0	0
Current	45,445	47,069
PCI Loans	224	233
Total Loans Receivable	45,669	47,302
Recorded Investment > 90 Days and Accruing	0	0
30 to 59 Days Past Due [Member]
Total Past Due	8,728	2,708
30 to 59 Days Past Due [Member] | Consumer [Member]
Total Past Due	1	0
30 to 59 Days Past Due [Member] | Commercial real estate [Member]
Total Past Due	7,791	2,345
30 to 59 Days Past Due [Member] | Residential [Member]
Total Past Due	343	93
30 to 59 Days Past Due [Member] | Commercial and industrial [Member]
Total Past Due	593	270
30 to 59 Days Past Due [Member] | Construction and land [Member]
Total Past Due	0	0
60 to 89 Days Past Due [Member]
Total Past Due	503	709
60 to 89 Days Past Due [Member] | Consumer [Member]
Total Past Due	0	4
60 to 89 Days Past Due [Member] | Commercial real estate [Member]
Total Past Due	484	356
60 to 89 Days Past Due [Member] | Residential [Member]
Total Past Due	0	0
60 to 89 Days Past Due [Member] | Commercial and industrial [Member]
Total Past Due	19	349
60 to 89 Days Past Due [Member] | Construction and land [Member]
Total Past Due	0	0
Greater Than 90 Days Past Due [Member]
Total Past Due	1,918	2,419
Greater Than 90 Days Past Due [Member] | Consumer [Member]
Total Past Due	0	0
Greater Than 90 Days Past Due [Member] | Commercial real estate [Member]
Total Past Due	0	501
Greater Than 90 Days Past Due [Member] | Residential [Member]
Total Past Due	57	57
Greater Than 90 Days Past Due [Member] | Commercial and industrial [Member]
Total Past Due	1,861	1,861
Greater Than 90 Days Past Due [Member] | Construction and land [Member]
Total Past Due	$ 0	$ 0

LOANS (Details 5)

LOANS (Details 5) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Unpaid Principal Balance	$ 14,341	$ 15,446
Carrying Value	11,740	12,804
Consumer [Member]
Unpaid Principal Balance	0	0
Carrying Value	0	0
Commercial real estate [Member]
Unpaid Principal Balance	11,535	12,605
Carrying Value	9,740	10,776
Residential [Member]
Unpaid Principal Balance	2,358	2,381
Carrying Value	1,772	1,793
Commercial and industrial [Member]
Unpaid Principal Balance	125	125
Carrying Value	4	2
Construction and land [Member]
Unpaid Principal Balance	323	335
Carrying Value	$ 224	$ 233

LOANS (Details Textual)

LOANS (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 42	$ 2
Loans and Leases Receivable, Allowance	5,405	$ 4,600	$ 5,140	$ 4,215
Loans and Leases Receivable Performing Nonaccrual of Interest	$ 766

ALLOWANCE FOR LOAN LOSSES (Deta

ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Allowance for loan losses Beginning balance	$ 5,140	$ 4,215
Allowance for loan losses Charge-offs	(21)	0
Allowance for loan losses Recoveries	9	131
Provision for loan losses	277	254
Allowance for loan losses Ending balance	5,405	4,600
Allowance for loan losses related to: Loans individually evaluated for impairment	10	11
Allowance for loan losses related to: Loans collectively evaluated for impairment	5,395	4,589
Allowance for loan losses related to: PCI loans	0	0
Unallocated [Member]
Allowance for loan losses Beginning balance	364	402
Allowance for loan losses Charge-offs	0	0
Allowance for loan losses Recoveries	0	0
Provision for loan losses	3	0
Allowance for loan losses Ending balance	367	402
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	367	402
Allowance for loan losses related to: PCI loans	0	0
Consumer [Member]
Allowance for loan losses Beginning balance	3	3
Allowance for loan losses Charge-offs	(4)	0
Allowance for loan losses Recoveries	0	0
Provision for loan losses	3	(3)
Allowance for loan losses Ending balance	2	0
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	2	0
Allowance for loan losses related to: PCI loans	0	0
Commercial Real Estate [Member]
Allowance for loan losses Beginning balance	3,214	2,620
Allowance for loan losses Charge-offs	(17)	0
Allowance for loan losses Recoveries	0	0
Provision for loan losses	129	162
Allowance for loan losses Ending balance	3,326	2,782
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	3,326	2,782
Allowance for loan losses related to: PCI loans	0	0
Residential [Member]
Allowance for loan losses Beginning balance	215	150
Allowance for loan losses Charge-offs	0	0
Allowance for loan losses Recoveries	0	0
Provision for loan losses	20	10
Allowance for loan losses Ending balance	235	160
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	235	160
Allowance for loan losses related to: PCI loans	0	0
Commercial and Industrial [Member]
Allowance for loan losses Beginning balance	1,017	841
Allowance for loan losses Charge-offs	0	0
Allowance for loan losses Recoveries	9	131
Provision for loan losses	109	33
Allowance for loan losses Ending balance	1,135	1,005
Allowance for loan losses related to: Loans individually evaluated for impairment	10	11
Allowance for loan losses related to: Loans collectively evaluated for impairment	1,125	994
Allowance for loan losses related to: PCI loans	0	0
Construction and Land [Member]
Allowance for loan losses Beginning balance	327	199
Allowance for loan losses Charge-offs	0	0
Allowance for loan losses Recoveries	0	0
Provision for loan losses	13	52
Allowance for loan losses Ending balance	340	251
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	340	251
Allowance for loan losses related to: PCI loans	$ 0	$ 0

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Premises owned	$ 4,787	$ 10,267
Write-down on premises owned	0	(600)
Premises owned, net	4,787	9,667
Less accumulated depreciation and amortization	(3,924)	(3,988)
Total premises and equipment, net	6,479	11,168
Leasehold Improvements [Member]
Property, Plant and Equipment, Gross	1,743	1,654
Furniture Fixtures and Equipment [Member]
Property, Plant and Equipment, Gross	$ 3,873	$ 3,835

PREMISES AND EQUIPMENT (Detai_2

PREMISES AND EQUIPMENT (Details 1) - USD ($) $ in Thousands	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
2019	$ 1,616
2020	1,898
2021	1,575
2022	1,442
2023	953
Thereafter​	434
Total lease payments	7,918
Less: interest	(100)
Present value of lease liabilities	$ 7,818	$ 8,200	$ 0

PREMISES AND EQUIPMENT (Detai_3

PREMISES AND EQUIPMENT (Details 2)	Mar. 31, 2019
Weighted-average remaining lease term	4 years 5 months 15 days
Weighted-average discount rate	2.89%

PREMISES AND EQUIPMENT (Detai_4

PREMISES AND EQUIPMENT (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Mar. 29, 2019USD ($)ft²
Depreciation, Depletion and Amortization	$ 301	$ 231
Sale Leaseback Transaction, Net Book Value			$ 4,600
Land Subject to Ground Leases | ft²			4,021
Sale Leaseback Transaction, Deferred Gain, Net	$ 78

CASH SURRENDER VALUE OF LIFE _3

CASH SURRENDER VALUE OF LIFE INSURANCE (Details) Investment in Thousands, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)Investment	Mar. 31, 2018USD ($)	Dec. 31, 2018USD ($)Investment
Beginning balance	$ 19,602	$ 17,132	$ 17,132
Increase in cash value of life insurance	164	$ 79	304
Additional policies purchased	0		2,943
Death benefit carrying value payout	0		(777)
Ending balance	19,766		19,602
End of period death benefit	$ 42,255		$ 42,374
Number of policies owned | Investment	51		51
Insurance companies used | Investment	7		7
Current and former directors and officers covered | Investment	28		28

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Balance at beginning of period	$ 14,594	$ 10,365
Acquired goodwill	0	4,229
Impairment	0	0
Balance at end of period	$ 14,594	$ 14,594

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS (Details 1) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Balance at beginning of period	$ 7,205	$ 4,772	$ 4,772
Additions	0		3,604
Less amortization	(389)	$ (289)	(1,171)
Balance at end of period	$ 6,816		$ 7,205

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS (Details 2) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
2019	$ 1,156
2020	1,395
2021	1,368
2022	1,368
2023	542
Thereafter	987
Total	$ 6,816	$ 7,205	$ 4,772

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS (Details Textual) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Amortization of Intangible Assets	$ 389	$ 289	$ 1,171

OTHER ASSETS (Details)

OTHER ASSETS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Deferred tax assets, net	$ 5,655	$ 5,891
Accrued interest receivable	3,641	3,676
Investment in SBIC Fund	1,805	1,347
Prepaid assets	2,264	2,156
Servicing asset	673	814
Low income housing partnership, net	537	607
Investment in statuatory trusts	395	395
Proceeds receivable on sale of premises	4,629	0
All other	630	2,495
Total	$ 20,229	$ 17,381

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Demand deposits	$ 416,804	$ 398,045
NOW accounts and savings	250,213	246,288
Money market	372,525	398,081
Time under $250,000	116,747	117,653
Time $250,000 and over	94,278	97,701
Total deposits	$ 1,250,567	$ 1,257,768

BORROWINGS (Details Textual)

BORROWINGS (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, General Description of Terms	approved secured borrowing facility with the Federal Home Loan Bank of San Francisco ("FHLB") for up to 25% of total assets for a term not to exceed five years
Federal Home Loan Bank, Advances, General Debt Obligations, Amount of Available, Unused Funds	$ 0	$ 0
Other Commitment	$ 65,000,000

JUNIOR SUBORDINATED DEFERRABL_2

JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURES (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Subordinated Borrowing Terms and Conditions	The BFC Trust was formed in Delaware with capital of $93,000 for the sole purpose of issuing trust preferred securities fully and unconditionally guaranteed by BFC.
Subordinated Borrowing Description	The BFC Trust issued Floating Rate Capital Trust Pass-Through Securities ("BFC Trust Preferred Securities"), with a liquidation value of $1,000 per security
Proceeds from Subordinated Short-term Debt	$ 6,400,000
Preferred Stock, Amount Authorized	192,000
Preferred Stock, Liquidation Preference, Value	1,000
Proceeds from Issuance of Preferred Stock and Preference Stock	6,200	$ 6,200,000
BFC [Member]
Proceeds from Subordinated Short-term Debt	$ 3,100,000
Debt Instrument, Description of Variable Rate Basis	three months LIBOR plus 2.75%
Debt Instrument, Basis Spread on Variable Rate	2.75%
Junior Subordinated Debt [Member]
Debt Instrument, Description of Variable Rate Basis	three months LIBOR plus 2.5%
Debt Instrument, Basis Spread on Variable Rate	2.50%

OTHER LIABILITIES (Details)

OTHER LIABILITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Accrued expenses	$ 3,747	$ 5,508
Deferred rents	0	528
CDARS Deferred Fees	456	494
Contingent liability	403	418
Accounts payable	811	811
Reserve for unfunded commitments	330	330
Accrued interest	254	217
Miscellaneous other liabilities	92	69
Other Liabilities	$ 6,093	$ 8,375

EQUITY INCENTIVE PLANS (Details

EQUITY INCENTIVE PLANS (Details) - $ / shares shares in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Shares Non-vested, beginning of period	131,000	67,481
Shares Granted	22,289	93,380
Shares Vested	(19,253)	(29,861)
Shares Non-vested, end of period	134,036	131,000
Weighted-Average Grant Date Fair Value Non-vested, beginning of period	$ 19.18	$ 13.51
Weighted-Average Grant Date Fair Value Granted	22.38	21.58
Weighted-Average Grant Date Fair Value Vested	19.51	13.88
Weighted-Average Grant Date Fair Value Non-vested, end of period	$ 20.76	$ 19.18

EQUITY INCENTIVE PLANS (Detai_2

EQUITY INCENTIVE PLANS (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	148,962
Share Based Compensation	$ 120,000	$ 146,000	$ 1,034,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 2,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	450,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years
2017 Omnibus Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	144,169
2017 Omnibus Equity Incentive Plan [Member] | Officers And Employees [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross	50,000
2017 Omnibus Equity Incentive Plan [Member] | Restricted Stock [Member] | Officers And Employees [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross	25,000
Stock Issued During Period, Value, Restricted Stock Award, Gross	$ 2,000,000
2014 Omnibus Equity Incentive Plan [Member]
Share Based Compensation	$ 120,000	$ 146,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
2014 Omnibus Equity Incentive Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	1 year

EARNINGS PER SHARE CALCULATIO_2

EARNINGS PER SHARE CALCULATION (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Net interest income	$ 14,865	$ 12,414
Net income	$ 4,941	$ 4,069	$ 10,424
Basic earnings per share	$ 0.45	$ 0.54
Diluted earnings per share	$ 0.45	$ 0.54

FAIR VALUE MEASUREMENT (Details

FAIR VALUE MEASUREMENT (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Assets, Fair Value Disclosure	$ 97,299	$ 99,796
Corporate Bonds [Member]
Assets, Fair Value Disclosure	7,027	4,717
US Treasury Securities [Member]
Assets, Fair Value Disclosure	991	985
Mortgage-backed securities [Member]
Assets, Fair Value Disclosure	49,125	49,602
Collateralized mortgage obligations [Member]
Assets, Fair Value Disclosure	4,548	6,983
U.S. Government Agencies [Member]
Assets, Fair Value Disclosure	12,295	13,765
SBA securities [Member]
Assets, Fair Value Disclosure	3,936	4,241
Municipal securities [Member]
Assets, Fair Value Disclosure	19,377	19,503
Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure	991	985
Fair Value, Inputs, Level 1 [Member] | Corporate Bonds [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | US Treasury Securities [Member]
Assets, Fair Value Disclosure	991	985
Fair Value, Inputs, Level 1 [Member] | Mortgage-backed securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Collateralized mortgage obligations [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | U.S. Government Agencies [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | SBA securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Municipal securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure	96,308	98,811
Fair Value, Inputs, Level 2 [Member] | Corporate Bonds [Member]
Assets, Fair Value Disclosure	7,027	4,717
Fair Value, Inputs, Level 2 [Member] | US Treasury Securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed securities [Member]
Assets, Fair Value Disclosure	49,125	49,602
Fair Value, Inputs, Level 2 [Member] | Collateralized mortgage obligations [Member]
Assets, Fair Value Disclosure	4,548	6,983
Fair Value, Inputs, Level 2 [Member] | U.S. Government Agencies [Member]
Assets, Fair Value Disclosure	12,295	13,765
Fair Value, Inputs, Level 2 [Member] | SBA securities [Member]
Assets, Fair Value Disclosure	3,936	4,241
Fair Value, Inputs, Level 2 [Member] | Municipal securities [Member]
Assets, Fair Value Disclosure	19,377	19,503
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Corporate Bonds [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | US Treasury Securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Mortgage-backed securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Collateralized mortgage obligations [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | U.S. Government Agencies [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | SBA securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Municipal securities [Member]
Assets, Fair Value Disclosure	$ 0	$ 0

FAIR VALUE MEASUREMENT (Detai_2

FAIR VALUE MEASUREMENT (Details 1) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
OREO	$ 801	$ 801
Fair Value, Measurements, Nonrecurring [Member]
Performing Impaired Loans Fair Value Disclosure	766	750
Non performing Impaired Loans Fair Value Disclosure	3,608	3,128
OREO	801	801
Total assets measured at fair value	5,175	4,679
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Performing Impaired Loans Fair Value Disclosure	0	0
Non performing Impaired Loans Fair Value Disclosure	0	0
OREO	0	0
Total assets measured at fair value	0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Performing Impaired Loans Fair Value Disclosure	0	0
Non performing Impaired Loans Fair Value Disclosure	0	0
OREO	0	0
Total assets measured at fair value	0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Performing Impaired Loans Fair Value Disclosure	766	750
Non performing Impaired Loans Fair Value Disclosure	3,608	3,128
OREO	801	801
Total assets measured at fair value	$ 5,175	$ 4,679

FAIR VALUE MEASUREMENT (Detai_3

FAIR VALUE MEASUREMENT (Details 2) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Financial assets:
Cash and cash equivalents	$ 332,472	$ 323,581	$ 255,551	$ 249,853
Interest bearing deposits with financial institutions	3,481	3,980
Investment securities available-for-sale	97,299	99,796
Loans, net	959,561	970,189
Loans held for sale	4,208	855
Other equity securities	9,262	9,243
Accrued interest receivable	3,641	3,676
Cash and cash equivalents, Fair value	332,472	323,581
Interest bearing deposits with financial institutions, Fair value	3,481	3,980
Investment securities available-for-sale, Fair value	97,299	99,796
Other equity securities, Fair value	9,262	9,243
Loans, net, Fair value	958,609	967,882
Loans held for sale, Fair value	4,208	855
Accrued interest receivable, Fair value	3,641	3,676
Financial liabilities:
Deposits	1,250,567	1,257,768
Subordinated Debentures	8,181	8,161
Accrued interest payable	236	198
Deposits, Fair value	1,250,932	1,259,045
Subordinated Debentures, Fair value	8,129	6,824
Accrued interest payable, Fair value	236	198
Off-balance-sheet liabilities:
Undisbursed loan commitments, lines of credit, standby letters of credit	92,395	101,076
Undisbursed loan commitments, lines of credit, standby letters of credit, Fair value	92,065	100,746
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents, Fair value	332,472	323,581
Interest bearing deposits with financial institutions, Fair value	3,481	3,980
Investment securities available-for-sale, Fair value	991	985
Other equity securities, Fair value	9,262	9,243
Loans, net, Fair value	0	0
Loans held for sale, Fair value	0	0
Accrued interest receivable, Fair value	0	0
Financial liabilities:
Deposits, Fair value	0	0
Subordinated Debentures, Fair value	0	0
Accrued interest payable, Fair value	0	0
Off-balance-sheet liabilities:
Undisbursed loan commitments, lines of credit, standby letters of credit, Fair value	0	0
Fair Value, Inputs, Level 2 [Member]
Financial assets:
Cash and cash equivalents, Fair value	0	0
Interest bearing deposits with financial institutions, Fair value	0	0
Investment securities available-for-sale, Fair value	96,308	98,811
Other equity securities, Fair value	0	0
Loans, net, Fair value	0	0
Loans held for sale, Fair value	4,208	855
Accrued interest receivable, Fair value	3,641	3,676
Financial liabilities:
Deposits, Fair value	1,250,932	1,259,045
Subordinated Debentures, Fair value	0	0
Accrued interest payable, Fair value	236	198
Off-balance-sheet liabilities:
Undisbursed loan commitments, lines of credit, standby letters of credit, Fair value	0	0
Fair Value, Inputs, Level 3 [Member]
Financial assets:
Cash and cash equivalents, Fair value	0	0
Interest bearing deposits with financial institutions, Fair value	0	0
Investment securities available-for-sale, Fair value	0	0
Other equity securities, Fair value	0	0
Loans, net, Fair value	958,609	967,882
Loans held for sale, Fair value	0	0
Accrued interest receivable, Fair value	0	0
Financial liabilities:
Deposits, Fair value	0	0
Subordinated Debentures, Fair value	8,129	6,824
Accrued interest payable, Fair value	0	0
Off-balance-sheet liabilities:
Undisbursed loan commitments, lines of credit, standby letters of credit, Fair value	$ 92,065	$ 100,746

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Textual)) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Loss Contingencies [Line Items]
Loans and Leases Receivable, Loans in Process	$ 90,500		$ 99,200
Guarantor Obligations, Maximum Exposure, Undiscounted	1,900		1,800
Advances from Federal Home Loan Banks	11,500
Deposits	1,250,567		1,257,768
Low Income Housing Tax Credit Partnerships [Member]
Loss Contingencies [Line Items]
Loans and Leases Receivable, Loans in Process	$ 3,800
Small Business Investment Company [Member]
Loss Contingencies [Line Items]
Loans and Leases Receivable, Loans in Process			976
Deposit [Member]
Loss Contingencies [Line Items]
Concentration Risk, Percentage	11.90%	11.50%
Interest Payable and Other Liabilities [Member]
Loss Contingencies [Line Items]
Loss Contingency Accrual	$ 330
Customer Concentration Risk [Member]
Loss Contingencies [Line Items]
Deposits	$ 148,800		$ 148,600