BayCom (BCML) 10-Q 9 Aug 19 2019 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Jul. 31, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Entity Registrant Name	BayCom Corp
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		12,052,266
Entity Central Index Key	0001730984
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Amendment Flag	false
Trading Symbol	BCML

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 27,587	$ 20,846
Federal funds sold	324,007	302,735
Cash and cash equivalents	351,594	323,581
Interest bearing deposits in banks	3,232	3,980
Investment securities available-for-sale	100,271	99,796
Federal Home Loan Bank ("FHLB") stock, at par	7,174	5,162
Federal Reserve Bank ("FRB") stock, at par	4,169	4,081
Loans held for sale	1,016	855
Loans, net of allowance for loan losses of $5,880 and $5,140 at June 30,2019 and December 31, 2018, respectively	1,213,527	970,189
Premises and equipment, net	6,581	11,168
Other real estate owned ("OREO")	627	801
Core deposit intangible	6,990	7,205
Cash surrender value of bank owned life insurance policies, net	19,918	19,602
Right-of-use assets ("ROU")	10,598
Goodwill	26,449	14,594
Interest receivable and other assets	19,581	17,381
Total Assets	1,771,727	1,478,395
LIABILITIES AND SHAREHOLDERS' EQUITY
Noninterest and interest bearing deposits	1,505,382	1,257,768
Lease liabilities	10,798
Salary continuation plan	3,471	3,338
Interest payable and other liabilities	9,238	8,375
Junior subordinated deferrable interest debentures, net	8,201	8,161
Total liabilities	1,537,090	1,277,642
Commitments and contingencies (Note 15)
Shareholders' equity
Preferred stock - no par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock - no par value; 100,000,000 shares authorized; 12,052,266 and 10,869,275 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	174,575	149,248
Additional paid in capital	287	287
Accumulated other comprehensive income (loss), net of tax	1,286	(103)
Retained earnings	58,489	51,321
Total shareholders' equity	234,637	200,753
Total Liabilities and Shareholders' Equity	$ 1,771,727	$ 1,478,395

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS - (Parenthetical) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
CONDENSED CONSOLIDATED BALANCE SHEETS
Loans, net of allowance for loan losses of $5,880 and $5,140 at June 30,2019 and December 31, 2018, respectively	$ 5,880	$ 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	12,052,266	10,869,275
Common Stock, Shares, Outstanding	12,052,266	10,869,275

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest income:
Loans, including fees	$ 15,120	$ 12,074	$ 28,670	$ 24,354
Investment securities and interest bearing deposits in banks	2,674	1,540	5,328	2,650
FHLB dividends	92	87	184	180
FRB dividends	62	50	123	119
Total interest and dividend income	17,948	13,751	34,305	27,303
Interest expense:
Deposits	1,783	1,025	3,129	2,004
Other borrowings	147	126	293	285
Total interest expense	1,930	1,151	3,422	2,289
Net interest income	16,018	12,600	30,883	25,014
Provision for loan losses	445	243	722	497
Net interest income after provision for loan losses	15,573	12,357	30,161	24,517
Noninterest income:
Gain on sale of loans	903	548	1,169	1,199
Service charges and other fees	663	469	1,396	915
Loan servicing fees and other income	514	274	924	519
Gain on sale of premises	109		187
Gain on sale of OREO	112		112
Other income	239	792	872	1,176
Total noninterest income	2,540	2,083	4,660	3,809
Noninterest expense:
Salaries and employee benefits	7,198	4,547	13,161	9,461
Occupancy and equipment	1,064	1,268	2,174	2,243
Data processing	3,683	615	4,607	1,323
Other	2,850	2,226	4,601	3,752
Total noninterest expense	14,795	8,656	24,543	16,779
Income before provision for income taxes	3,318	5,784	10,278	11,547
Provision for income taxes	1,091	1,496	3,110	3,190
Net income	$ 2,227	$ 4,288	$ 7,168	$ 8,357
Earnings per common share :
Basic earnings per common share	$ 0.20	$ 0.45	$ 0.64	$ 0.99
Weighted average shares outstanding	11,384,287	9,467,431	11,139,287	8,495,230
Diluted earnings per common share	$ 0.20	$ 0.45	$ 0.64	$ 0.99
Weighted average shares outstanding	11,384,287	9,467,431	11,139,287	8,495,230

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 2,227	$ 4,288	$ 7,168	$ 8,357
Other comprehensive income (loss):
Change in unrealized gain (loss) on available-for-sale securities	1,112	(405)	1,945	(806)
Deferred tax (expense) benefit	(320)	120	(556)	239
Other comprehensive income (loss), net of tax	792	(285)	1,389	(567)
Total comprehensive income	$ 3,019	$ 4,003	$ 8,557	$ 7,790

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Income/(Loss)	Total
Balance at Dec. 31, 2017	$ 81,307	$ 287	$ 36,828	$ 213	$ 118,635
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	$ 81,453	287	40,897	(69)	122,568
Balance (in shares) at Mar. 31, 2018	7,512,227
Balance at Dec. 31, 2017	$ 81,307	287	36,828	213	118,635
Balance (in shares) at Dec. 31, 2017	7,496,995
Net income					8,357
Other comprehensive loss, net					(567)
Balance at Jun. 30, 2018	$ 148,522	287	45,185	(354)	193,640
Balance (in shares) at Jun. 30, 2018	10,869,275
Balance at Mar. 31, 2018	$ 81,453	287	40,897	(69)	122,568
Balance (in shares) at Mar. 31, 2018	7,512,227
Net income			4,288		4,288
Other comprehensive loss, net				(285)	(285)
Restricted stock granted (in shares)	78,148
Stock based compensation	$ 308				308
Initial public offering, net	$ 66,761				66,761
Initial public offering, net (in shares)	3,278,900
Balance at Jun. 30, 2018	$ 148,522	287	45,185	(354)	193,640
Balance (in shares) at Jun. 30, 2018	10,869,275
Net income			6,136		6,136
Other comprehensive loss, net				251	251
Stock based compensation	$ 726				726
Balance at Dec. 31, 2018	$ 149,248	287	51,321	(103)	200,753
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	$ 149,368	287	56,262	494	206,411
Balance (in shares) at Mar. 31, 2019	10,891,564
Balance at Dec. 31, 2018	$ 149,248	287	51,321	(103)	200,753
Balance (in shares) at Dec. 31, 2018	10,869,275
Net income					7,168
Other comprehensive loss, net					1,389
Balance at Jun. 30, 2019	$ 174,575	287	58,489	1,286	234,637
Balance (in shares) at Jun. 30, 2019	12,052,266
Balance at Mar. 31, 2019	$ 149,368	287	56,262	494	206,411
Balance (in shares) at Mar. 31, 2019	10,891,564
Net income			2,227		2,227
Other comprehensive loss, net				792	792
Restricted stock granted (in shares)	45,696
Stock based compensation	$ 320				320
Stock issued in acquisition	$ 24,887				24,887
Stock issued in acquisition (in shares)	1,115,006
Balance at Jun. 30, 2019	$ 174,575	$ 287	$ 58,489	$ 1,286	$ 234,637
Balance (in shares) at Jun. 30, 2019	12,052,266

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flow from operating activities:
Net income	$ 7,168,000	$ 8,357,000
Adjustments to reconcile net income to net cash provided by operating activities:
Increase in deferred tax asset	(1,020,000)	(1,433,000)
Accretion on acquired loans	(1,356,000)	(1,553,000)
Gain on sale of loans	(1,169,000)	(1,199,000)
Proceeds from sale of loans	13,607,000	21,298,000
Loans originated for sale	(20,544,000)	(23,010,000)
Write-down on premises		600,000
Gain on sale of premises	(187,000)
Gain on sale of OREO	(112,000)
Accretion on junior subordinated debentures	40,000	30,000
Increase in cash surrender value of life insurance policies	(316,000)	(155,000)
Provision for loan losses	722,000	497,000
Amortization/accretion of premium/discount on investment securities	226,000	241,000
Depreciation and amortization	562,000	458,000
Core deposit intangible amortization	781,000	578,000
Stock based compensation expense	440,000	454,000
Increase (decrease) in deferred loan origination fees, net	129,000	(46,000)
(Increase) decrease in interest receivable and other assets	(7,413,000)	1,196,000
Increase (decrease) in salary continuation plan, net	133,000	(840,000)
Increase (decrease) in interest payable and other liabilities	10,475,000	(2,181,000)
Net cash provided by operating activities	2,166,000	3,292,000
Cash flows from investing activities:
Maturity of interest bearing deposits in banks	748,000	498,000
Purchase of investment securities	(6,138,000)	(21,772,000)
Proceeds from the maturity and repayment of investment securities	12,448,000	6,797,000
Purchase of Federal Home Loan Bank stock	(477,000)	(325,000)
Purchase of Federal Reserve Bank stock	(88,000)	(370,000)
Proceed from death benefit on BOLI investment		777,000
Net decrease (increase) in loans	41,831,000	(14,675,000)
Proceeds from sale of premises	4,961,000
Proceeds from sale of OREO	362,000
Purchase of equipment and leasehold improvements	(286,000)	(432,000)
Net cash paid in acquisition	(9,342,000)
Net cash provided by (used in) investing activities	44,019,000	(29,502,000)
Cash flows from financing activities:
Net (decrease) increase in noninterest and interest bearing deposits	(14,725,000)	42,089,000
Net decrease in time deposits	(3,447,000)	(8,226,000)
Decrease in other borrowings		(6,000,000)
Proceeds from initial public offering, net		66,761,000
Net cash (used in) provided by financing activities	(18,172,000)	94,624,000
Increase in cash and cash equivalents	28,013,000	68,414,000
Cash and cash equivalents at beginning of period	323,581,000	249,853,000
Cash and cash equivalents at end of period	351,594,000	318,267,000
Supplemental disclosure of cash flow information:
Interest expense	2,183,000	2,260,000
Income tax, net of refunds	4,040,000	2,522,000
Non-cash investing and financing activities:
Change in unrealized gain (loss) on available-for-sale securities, net of tax	1,389,000	$ (567,000)
Recognition of ROU	11,411,000
Recognition of lease liability	11,727,000
Acquisition:
Assets acquired, net of cash received	289,546,000
Liabilities assumed	267,172,000
Cash consideration	37,814,000
Common stock issued	24,887,000
Goodwill	$ 11,855,000

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2019
BASIS OF PRESENTATION
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 15 years of operation, the Bank has grown to 25 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, Glendale, Buena Park, Los Angeles, and Garden Grove, California, and Seattle, Washington (2), 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 November 30, 2018, the Company completed the acquisition of Bethlehem Financial Corporation (“BFC”), the holding company for MyBank, both of Belen, New Mexico (“BFC Merger”) and on May 24, 2019, the Company completed the acquisition of Uniti Financial Corporation ("Uniti”), the holding company for Uniti Bank, both of Buena Park, California ("Uniti Merger"). See Note 3 Acquisitions for additional information on the BFC Merger and the Uniti Merger (collectively the "BFC and Uniti Mergers"). On June 28, 2019, the Company announced the signing of a definitive agreement (the “Agreement”) whereby the Company will acquire TIG Bancorp (“TIG”), in a cash and equity transaction valued at approximately $39.4 million in aggregate based on the closing price of Company common stock on that date. See Note 3 Acquisitions for additional information on the proposed TIG merger. Lease Accounting On January 1, 2019, the Company adopted the new accounting standards that require lessees to recognize operating leases on the Consolidated Balance Sheets 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 and six months ended June 30, 2019, the Company recognized $102,000 and $189,000 in deposit fees, and $43,000 and $85,000 in debit card interchange fees considered in scope of ASC 606, respectively. There was a total of $2.4 million and $4.4 million of noninterest income considered not in scope of ASC 606 for the three and six months ended June 30, 2019. 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	6 Months Ended
	Jun. 30, 2019
ACCOUNTING STANDARDS RECENTLY ISSUED OR ADOPTED
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 April 2019, ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments, and in May 2019, ASU 2019-05 Financial Instruments—Credit Losses, Topic 326, all of which clarifies codification and corrects unintended application of the guidance. ASU 2016-13 significantly changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. In issuing the standard, the FASB is responding to criticism that today’s guidance delays recognition of credit losses. The standard will replace today’s “incurred loss” approach with an “expected loss” model. The new model, referred to as the current expected credit loss (“CECL”) model, will apply to: (1) financial assets subject to credit losses and measured at amortized cost, and (2) certain off-balance sheet credit exposures. This includes, but is not limited to, loans, leases, held-to-maturity securities, loan commitments, and financial guarantees. The CECL model does not apply to available-for-sale (“AFS”) debt securities. For AFS debt securities with unrealized losses, entities will measure credit losses in a manner similar to what they do today, except that the losses will be recognized as allowances rather than reductions in the amortized cost of the securities. As a result, entities will recognize improvements to estimated credit losses immediately in earnings rather than as interest income over time, as they do today. The ASU also simplifies the accounting model for purchased credit-impaired debt securities and loans. ASU 2016-13 also expands the disclosure requirements regarding an entity’s assumptions, models, and methods for estimating the allowance for loan and lease losses. In addition, public business entities will need to disclose the amortized cost balance for each class of financial asset by credit quality indicator, disaggregated by the year of origination. ASU 2018-19 clarifies that receivables arising from operating leases are accounted for using lease guidance and not as financial instruments. ASU 2019-04, “Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments,” affects a variety of topics in the Codification and applies to all reporting entities within the scope of the affected accounting guidance. ASU 2019-05 allows entities to irrevocably elect, upon adoption of ASU 2016-13, the fair value option on financial instruments that (1) were previously recorded at amortized cost and (2) are within the scope of ASC 326-20 if the instruments are eligible for the fair value option under ASC 825-10. The fair value option election does not apply to held-to-maturity debt securities. Entities are required to make this election on an instrument-by-instrument basis. These ASUs are effective for interim and annual reporting periods beginning after December 15, 2019 for SEC filers, one year later for non SEC filing public business entities and beginning after December 15, 2021 for nonpublic business entities, however, the FASB board proposed in July 2019 extending the adoption date for certain SEC filers to fiscal years beginning after December 15, 2022. Early adoption is permitted for interim and annual reporting periods beginning after December 15, 2018. Entities will apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (i.e., modified retrospective approach). The Company is reviewing the requirements of these ASUs and expects to begin developing and implementing processes and procedures to ensure it is fully compliant with the amendments at the adoption date. Upon adoption, the Company expects changes in the processes and procedures used to calculate the allowance for loan losses, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. The new guidance may result in an increase in the allowance for loan losses which will also reflect the new requirement to include the nonaccretable principal differences on purchased credit-impaired loans; however, the Company is still in the process of determining the magnitude of the change and its impact on the Company's consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. This guidance removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation, and goodwill impairment will simply be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. All other goodwill impairment guidance will remain largely unchanged. Entities will continue to have the option to perform a qualitative assessment to determine if a quantitative impairment test is necessary. The amendments in this ASU are required for public business entities and other entities that have goodwill reported in their financial statements and have not elected the private company alternative for the subsequent measurement of goodwill. ASU No. 2017-04 is effective for interim and annual reporting periods beginning after December 15, 2019 for public business entities who are not SEC filers and one year later for all other entities. The Company does not expect ASU 2017-04 to have a material impact on its consolidated financial statements. In March 2017, FASB issued ASU 2017-08, Receivables—Nonrefundable Fees and Other Costs (Topic 310) . ASU 2017-08 shortens the amortization period for certain callable debt securities held at a premium to require such premiums to be amortized to the earliest call date unless applicable guidance related to certain pools of securities is applied to consider estimated prepayments. Under prior guidance, entities were generally required to amortize premiums on individual, non-pooled callable debt securities as a yield adjustment over the contractual life of the security. ASU 2017-08 does not change the accounting for callable debt securities held at a discount. The Company adopted ASU 2017-08 on January 1, 2019. The adoption of ASU 2017-08 did not have a material impact on its consolidated financial statements. In June 2018, the FASB issued ASU No. 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. This new guidance simplifies the accounting for share-based payment transactions for acquiring goods and services from nonemployees, applying some of the same requirements as employee share-based payment transactions. This ASU will not affect the accounting for share-based payment awards to nonemployee directors, which will continue to be treated as employee share-based transactions under the current standards. The Company adopted ASU 2018-07 on January 1, 2019. The adoption of ASU 2018-07 did not have a material impact on its consolidated financial statements. 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. The changes in this amendment include: (1) determining the fair value of the underlying asset by lessors that are not manufacturers or dealers; (2) presentation on the statement of cash flows – sales types and direct financing leases; and (3) transition disclosures related to Topic 250, Accounting Changes and Error Corrections. This ASU specifically provides an exception to the paragraph 250-10-50-3 that would otherwise have required interim disclosures in the period an accounting change including the effect of that change on income from continuing operations, net income, any other financial statement line item, and any affected per share amounts. For items 1 and 2, this ASU is effective for fiscal and interim periods beginning after December 15, 2019. Item 3 does not have an effective date because the amendments related to transition disclosures are included in Topic 842. The adoption of ASU 2019-01 is not expected to have a material impact on the Company’s consolidated financial statements.

ACQUISITION

ACQUISITION	6 Months Ended
	Jun. 30, 2019
ACQUISITION
ACQUISITION	NOTE 3 – ACQUISITION On May 24, 2019, the Company completed the Uniti Merger. As of the acquisition date, Uniti merged into the Company and Uniti Bank merged into United Business Bank. The acquisition increased the Company’s market share in California, through the addition of three branch offices located in Southern California. BayCom issued an aggregate of 1,115,006 shares of its common stock and paid aggregate cash consideration of $37.8 million. The total consideration transferred was $62.7 million in the Uniti Merger. On November 30, 2018, the Company completed the BFC Merger. As of the acquisition date, BFC merged into the Company and MyBank merged into United Business Bank. The acquisition increased the Company’s market share in New Mexico through the addition of five branch offices located in Central New Mexico. The Company paid BFC shareholders $62.00 in cash for each share of BFC common stock or $23.5 million in total. The Company assumed subordinated debentures held by a subsidiary of BFC. The primary reason for the BFC and Uniti Mergers was to create depth in the Company's geographic footprint consistent with its ongoing acquisition growth strategy, and to achieve operational scale and realize efficiencies of a larger combined organization. The mergers constitute business acquisitions as defined by FASB ASC 805, Business Combinations. FASB ASC 805 establishes principles and requirements for how the acquirer of a business recognizes and measures in its financial statements the identifiable assets acquired and the liabilities assumed. The Company was considered the acquirer in these transactions. Accordingly, the preliminary estimates of fair values of BFC and Uniti assets, including the identifiable intangible assets, and the assumed liabilities in the BFC Merger and Uniti Merger were measured and recorded as of November 30, 2018 and May 24, 2019, respectively. Fair values on the acquisition dates are preliminary and represent management’s best estimates based on available information and facts and circumstances in existence on the acquisition date. Fair values are subject to refinement for up to one year after the closing date of the acquisitions as additional information regarding the closing date fair values becomes available. The following table summarizes the fair value of the assets acquired and liabilities assumed at the acquisition date: Uniti Merger BFC Merger dated dated May 24, 2019 November 30, 2018 Fair value of assets: Cash and due from banks $ 6,392 $ 4,932 Federal funds sold 22,080 9,346 Total cash and cash equivalents 28,472 14,278 Investment securities available-for-sale 5,096 56,198 FHLB stock, at par 1,535 154 FRB stock, at par — 173 Loans, net 276,719 75,384 Premises and equipment, net 463 3,291 OREO 76 1,066 Core deposit intangible 566 3,604 Cash surrender value of bank owned life insurance policies, net — 2,937 Servicing assets 1,824 — Interest receivable and other assets 3,267 735 Total assets acquired 318,018 157,820 Liabilities: Deposits Noninterest bearing 143,082 97,771 Interest bearing 122,704 37,711 265,786 135,482 Junior subordinated deferrable interest debentures, net — 2,715 Other liabilities 1,386 329 Total liabilities assumed 267,172 138,526 Cash consideration 37,814 23,523 Common stock issued 24,887 — Goodwill $ 11,855 $ 4,229 The following table presents the net assets acquired and the estimated fair value adjustments, which resulted in goodwill at the acquisition date: Uniti Merger BFC Merger dated dated May 24, 2019 November 30, 2018 Book value of net assets acquired $ 47,445 $ 16,201 Fair value adjustments: Investments available-for-sale — (382) Loans, net 4,617 284 Premises and equipment, net — 668 Write-down on OREO (32) (229) Core deposit intangible 566 3,604 Deferred tax assets (695) (1,176) Write-down on servicing assets (805) — Time deposits (250) (54) Junior subordinated deferrable interest debentures, net — 378 Total purchase accounting adjustments 3,401 3,093 Fair value of net assets acquired 50,846 19,294 Price paid: Cash paid 37,814 23,523 Common stock issued 24,887 — Total price paid 62,701 23,523 Goodwill $ 11,855 $ 4,229 Pro Forma Results of Operations The operating results of the Company for the three months and six months ended June 30, 2019 in the condensed consolidated statements of income include the operating results by the net assets acquired in the BFC and Uniti Mergers since the November 30, 2018 and May 24, 2019 merger dates. The following table represents the net interest income, net income, basic and diluted earnings per share, as if the BFC and Uniti Mergers were 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 June 30, Six months ended June 30, 2019 2018 2019 2018 Net interest income $ 17,735 $ 17,680 $ 34,148 $ 33,302 Net income 1,118 5,612 6,632 10,551 Basic earnings per share $ 0.09 $ 0.53 $ 0.55 $ 1.10 Diluted earnings per share $ 0.09 $ 0.53 $ 0.55 $ 1.10 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. Acquisition Related Expenses Acquisition expenses are recognized in the periods in which the costs are incurred and the services are received. The Company incurred third-party acquisition expenses in the consolidated statements of income for the periods indicated as follows: Uniti Merger BFC Merger Six months ended Year ended June 30, 2019 December 31, 2018 Professional fees $ 535 $ 130 Data processing 2,657 1,290 Severance expense 578 536 Other 365 369 Total $ 4,135 $ 2,325 Pending Acquisition On June 28, 2019, BayCom Corp entered into an Agreement and Plan of Merger with TIG Bancorp (the “Agreement”), headquartered in Greenwood Village, Colorado pursuant to which TIG will be merged with and into the Company, and immediately thereafter TIG’s bank subsidiary, First State Bank of Colorado, will be merged with and into United Business Bank. First State Bank of Colorado serves the Denver metropolitan area and nearby Colorado communities through seven branch offices. Subject to the terms and conditions of the Agreement, at the effective time of the merger each TIG shareholder will receive (i) $6.34 in cash and (ii) 0.27543 shares of Company common stock. Based on the closing price of the Company’s common stock of $21.90 on June 28, 2019, the consideration value per share of TIG was $12.37 or approximately $39.4 million in aggregate. The total value of the merger consideration will fluctuate until closing based on the value of the Company's stock price. Upon consummation of the Merger, the shareholders of TIG will own approximately 6.8% of the combined company. The Agreement has been unanimously approved by the boards of directors of both the Company and TIG. The merger is subject to approval by TIG’s shareholders and certain other customary closing conditions and is expected to close in the fourth quarter of 2019. At June 30, 2019, TIG had approximately $230.5 million in total assets, $145.7 million in total loans, $197.0 million in total deposits and $32.0 million in shareholders’ equity. 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 merger with TIG had 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 Six months ended June 30, June 30, 2019 2018 2019 2018 Net interest income $ 18,405 $ 15,014 $ 35,813 $ 29,631 Net income 2,780 4,884 8,344 9,307 Basic earnings per share $ 0.23 $ 0.47 $ 0.69 $ 0.99 Diluted earnings per share $ 0.23 $ 0.47 $ 0.69 $ 0.99

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2019
INVESTMENT SECURITIES
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 June 30, 2019 cost gains losses fair value U.S. Treasuries $ 993 $ 3 $ — $ 996 U.S. Government Agencies 13,512 89 (14) 13,587 Municipal securities 17,153 326 (15) 17,464 Mortgage-backed securities 28,802 852 (8) 29,646 Collateralized mortgage obligations 23,685 492 (11) 24,166 SBA securities 4,280 9 (48) 4,241 Corporate bonds 10,040 135 (4) 10,171 Total $ 98,465 $ 1,906 $ (100) $ 100,271 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 June 30, 2019 fair value loss fair value loss fair value loss U.S. Treasuries $ — $ — $ — $ — $ — $ — U.S. Government Agencies 1,509 (14) — — 1,509 (14) Municipal securities 529 (4) 1,872 (11) 2,401 (15) Mortgage-backed securities 721 (5) 1,313 (3) 2,034 (8) Collateralized mortgage obligations 926 (10) 322 (1) 1,248 (11) SBA securities — — 2,489 (48) 2,489 (48) Corporate bonds 1,518 (4) — — 1,518 (4) Total $ 5,203 $ (37) $ 5,996 $ (63) $ 11,199 $ (100) 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 June 30, 2019, the Company held 214 investment securities, of which 20 were in an unrealized loss position for more than twelve months and 22 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. June 30, 2019 December 31, 2018 Amortized Estimated Amortized Estimated cost fair value cost fair value Available-for-sale: Due in one year or less $ 12,031 $ 12,057 $ 14,292 $ 14,279 Due after one through five years 28,978 29,439 26,287 26,327 Due after five years through ten years 20,258 20,720 20,840 20,758 Due after ten years 37,198 38,055 38,516 38,432 Total $ 98,465 $ 100,271 $ 99,935 $ 99,796 For both the three and six months ended June 30, 2019 and 2018, no realized gains or losses were recorded.

LOANS

LOANS	6 Months Ended
	Jun. 30, 2019
LOANS
LOANS	NOTE 5 - LOANS The Company’s loan portfolio at the dates indicated is summarized below: June 30, December 31, 2019 2018 Commercial and industrial $ 151,862 $ 121,855 Construction and land 30,502 47,302 Commercial real estate 902,896 701,983 Residential 128,590 102,708 Consumer 6,052 1,847 Total loans 1,219,902 975,695 Net deferred loan fees (495) (366) Allowance for loan losses (5,880) (5,140) Net loans $ 1,213,527 $ 970,189 The Company’s total impaired loans, including nonaccrual loans, accruing loans modified as troubled debt restructurings (“TDRs”), 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 Construction Commercial industrial and land real estate Residential Consumer Total June 30, 2019 Recorded investment in impaired loans: With no specific allowance recorded $ 2,231 $ — $ 2,215 $ 120 $ — $ 4,566 With a specific allowance recorded 19 — — — — 19 Total recorded investment in impaired loans $ 2,250 $ — $ 2,215 $ 120 $ — $ 4,585 Specific allowance on impaired loans 19 — — — — 19 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 June 30, 2019 Average recorded investment in impaired loans $ 2,326 $ — $ 1,386 $ 282 $ — $ 3,994 Interest recognized 1 — — — — 1 Six months ended June 30, 2019 Average recorded investment in impaired loans 2,347 — 1,162 441 — 3,950 Interest recognized 34 — 20 1 — 55 Three months ended June 30, 2018 Average recorded investment in impaired loans 702 — 890 132 — 1,724 Interest recognized — — 6 — — 6 Six months ended June 30, 2018 Average recorded investment in impaired loans 102 — 1,002 74 — 1,178 Interest recognized 10 — 11 2 — 23 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. The following table presents nonaccrual loans at the dates indicated: June 30, December 31, 2019 2018 Commercial and industrial $ 2,250 $ 1,878 Construction and land — — Commercial real estate 1,452 596 Residential 120 654 Consumer — — Total $ 3,822 $ 3,128 The balance of nonaccrual loans guaranteed by a government agency, which reduce the Company’s credit exposure, was $3.0 million and none as of June 30, 2019 and December 31, 2018, respectively. Interest foregone on nonaccrual loans was approximately $46,000 and $88,000 for the three and six months ended June 30, 2019 compared to $8,500 and $10,500 for the three and six months ended June 30, 2018, respectively. In situations where, for economic or legal reasons related to a borrower’s financial difficulties, the Company grants a concession to the borrower that it would not otherwise consider, the related loan is classified as a TDR. TDRs are generally placed on nonaccrual status at the time of restructuring and included in impaired loans. These loans are returned to accrual status after the borrower demonstrates performance with the modified terms for a sustained period of time (generally six months) and has the capacity to continue to perform in accordance with the modified terms of the restructured debt. At both June 30, 2019 and December 31, 2018, the TDR portfolio totaled $1.4 million. At June 30, 2019, $763,000 of TDR loans were performing in accordance with their modified terms. At June 30, 2019, the Company had no commitments to extend additional credit to borrowers whose loan terms have been modified in TDRs. All TDRs are also included in the loans individually evaluated for impairment as part of the calculation of the allowance for loan losses. As of June 30, 2019 and December 31, 2018, TDR loans had a related allowance of $10,000. No loans accounted for as TDRs were charged-off to the allowance for loan losses for either the three or six months ended June 30, 2019 and 2018. There were no TDRs for which there was a payment default within the first 12 months of the modification during the six months ended June 30, 2019. The following tables present TDR loans by class, during the periods indicated: Number of Rate Term Interest only Combined Three months ended June 30, 2019 loans modification modification modification modification Total Commercial and industrial — $ — $ — $ — $ — $ — Construction and land — — — — — — Commercial real estate — — — — — — Residential — — — — — — Consumer — — — — — — Total — $ — $ — $ — $ — $ — Number of Rate Term Interest only Combined Six months ended June 30, 2019 loans modification modification modification modification Total Commercial and industrial 2 $ — $ 176 $ — $ 321 $ 497 Construction and land — — — — — — Commercial real estate — — — — — — Residential — — — — — — Consumer — — — — — — Total 2 $ — $ 176 $ — $ 321 $ 497 Number of Rate Term Interest only Combined Three months ended June 30, 2018 loans modification modification modification modification Total Commercial and industrial — $ — $ — $ — $ — $ — Construction and land — — — — — — Commercial real estate — — — — — — Residential 1 — 129 — — 129 Consumer — — — — — — Total 1 $ — $ 129 $ — $ — $ 129 Number of Rate Term Interest only Combined Six months ended June 30, 2018 loans modification modification modification modification Total Commercial and industrial 1 $ — $ — $ — $ 11 $ 11 Construction and land — — — — — — Commercial real estate 1 — — — 776 776 Residential 1 — 129 — — 129 Consumer — — — — — — Total 3 $ — $ 129 $ — $ 787 $ 916 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: June 30, 2019 Pass mention Substandard Doubtful Total Commercial and industrial $ 149,943 $ 1,253 $ 666 $ — $ 151,862 Construction and land 27,618 147 2,737 — 30,502 Commercial real estate 882,714 16,038 4,144 — 902,896 Residential 127,239 1,231 120 — 128,590 Consumer 6,041 11 — — 6,052 Total $ 1,193,555 $ 18,680 $ 7,667 $ — $ 1,219,902 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: Recorded 90 Days investment > 30-59 Days 60-89 Days or more Total Total loans 90 days and June 30, 2019 past due past due past due past due Current PCI loans receivable accruing Commercial and industrial $ 579 $ 359 $ 1,763 $ 2,701 $ 148,385 $ 776 $ 151,862 $ — Construction and land 93 — — 93 30,189 220 30,502 — Commercial real estate 306 3,916 1,960 6,182 880,865 15,849 902,896 597 Residential — 39 — 39 126,795 1,756 128,590 — Consumer — 5 — 5 6,047 — 6,052 — Total $ 978 $ 4,319 $ 3,723 $ 9,020 $ 1,192,281 $ 18,601 $ 1,219,902 $ 597 Recorded 90 Days investment > 30-59 Days 60-89 Days or more Total Total loans 90 days and December 31, 2018 past due past due past due past due Current PCI loans receivable accruing Commercial and industrial $ 270 $ 349 $ 1,861 $ 2,480 $ 119,373 $ 2 $ 121,855 $ — Construction and land — — — — 47,069 233 47,302 — Commercial real estate 2,345 356 501 3,202 688,005 10,776 701,983 — Residential 93 — 57 150 100,765 1,793 102,708 — Consumer — 4 — 4 1,843 — 1,847 — Total $ 2,708 $ 709 $ 2,419 $ 5,836 $ 957,055 $ 12,804 $ 975,695 $ — 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: June 30, 2019 December 31, 2018 Unpaid Unpaid principal Carrying principal Carrying balance value balance value Commercial and industrial $ 1,462 $ 776 $ 125 $ 2 Construction and land 319 220 335 233 Commercial real estate 18,568 15,849 12,605 10,776 Residential 2,340 1,756 2,381 1,793 Consumer — — — — Total $ 22,689 $ 18,601 $ 15,446 $ 12,804 The following table summarized the accretable yield on the purchased credit impaired loans for the periods indicated: Three months ended Six months ended June 30, June 30, 2019 2018 2019 2018 Balance at beginning of period $ 231 $ 353 $ 256 $ 372 Additions 350 — 350 — Accretion (24) (78) (46) (97) Payoffs — — (3) — Balance at end of period $ 557 $ 275 $ 557 $ 275

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	6 Months Ended
	Jun. 30, 2019
ALLOWANCE FOR LOAN LOSSES
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: Commercial Construction Commercial Three months ended June 30, 2019 and industrial and land real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 1,135 $ 340 $ 3,326 $ 235 $ 2 $ 367 $ 5,405 Charge-offs — — — — — — — Recoveries 30 — — — — — 30 Provision for loan losses 85 (74) 527 (10) — (83) 445 Ending balance $ 1,250 $ 266 $ 3,853 $ 225 $ 2 $ 284 $ 5,880 Commercial Construction Commercial Six months ended June 30, 2019 and industrial and land 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 39 — — — — — 39 Provision for loan losses 194 (61) 656 10 3 (80) 722 Ending balance $ 1,250 $ 266 $ 3,853 $ 225 $ 2 $ 284 $ 5,880 June 30, 2019 Allowance for loan losses related to: Loans individually evaluated for impairment $ 19 $ — $ — $ — $ — $ — $ 19 Loans collectively evaluated for impairment 1,233 266 3,490 587 1 284 5,861 PCI loans — — — — — — — Commercial Construction Commercial Three months ended June 30, 2018 and industrial and land real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 1,005 $ 251 $ 2,782 $ 160 $ — $ 402 $ 4,600 Charge-offs (251) — — — — — (251) Recoveries 8 — — — — — 8 Provision for loan losses 140 41 179 15 2 (134) 243 Ending balance $ 902 $ 292 $ 2,961 $ 175 $ 2 $ 268 $ 4,600 Commercial Construction Commercial Six months ended June 30, 2018 and industrial and land real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 841 $ 199 $ 2,695 $ 150 $ 3 $ 327 $ 4,215 Charge-offs (251) — — — — — (251) Recoveries 139 — — — — — 139 Provision for loan losses 173 93 266 25 (1) (59) 497 Ending balance $ 902 $ 292 $ 2,961 $ 175 $ 2 $ 268 $ 4,600 June 30, 2018 Allowance for loan losses related to: Loans individually evaluated for impairment $ 11 $ — $ — $ — $ — $ — $ 11 Loans collectively evaluated for impairment 891 292 2,961 175 2 268 4,589 PCI loans — — — — — — —

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	6 Months Ended
	Jun. 30, 2019
PREMISES AND EQUIPMENT
PREMISES AND EQUIPMENT	NOTE 7 – PREMISES AND EQUIPMENT Premises and equipment consisted of the following at the dates indicated: June 30, December 31, 2019 2018 Premises owned $ 4,571 $ 10,267 Write-down on premises owned — (600) Premises owned, net 4,571 9,667 Leasehold improvements 2,178 1,654 Furniture, fixtures and equipment 4,016 3,835 Less accumulated depreciation and amortization (4,184) (3,988) Total premises and equipment, net $ 6,581 $ 11,168 Depreciation and amortization included in occupancy and equipment expense for the three months and six months ended June 30, 2019 was $261,000 and $562,000 compared to $227,000 and $458,000 for the three and six months ended June 30, 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 noninterest income. 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 June 30, 2019, include only the periods for which Topic 842 was effective: Year ending December 31, $ 1,465 2,759 2,431 1,801 1,299 Thereafter 1,906 Total lease payments 11,661 Less: interest (863) Present value of lease liabilities $ 10,798 The following table presents the weighted average operating lease term and discount rate at the date indicated: June 30, 2019 Weighted-average remaining lease term 5.06 years Weighted-average discount rate 2.89 %

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2019
GOODWILL AND INTANGIBLE ASSETS
GOODWILL AND INTANGIBLE ASSETS	NOTE 8 – GOODWILL AND INTANGIBLE ASSETS Goodwill Changes in the Company’s goodwill for the periods indicated are as follows: June 30, December 31, 2019 2018 Balance, January 1 $ 14,594 $ 10,365 Acquired goodwill 11,855 4,229 Impairment — — Balance at end of period $ 26,449 $ 14,594 Impairment exists when a reporting unit’s carrying value of goodwill exceeds its fair value. As of June 30, 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 it 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: June 30, December 31, 2019 2018 Balance, January 1 $ 7,205 $ 4,772 Additions 566 3,604 Less amortization (781) (1,171) Balance at end of period $ 6,990 $ 7,205 The Company recorded total amortization expense of $392,000 and $781,000 for the three and six months ended June 30, 2019 compared to $289,000 and $578,000 for the three and six months ended June 30, 2018, respectively. Estimated annual amortization at June 30, 2019 is as follows: Year ending December 31, $ 778 1,441 1,418 1,418 642 Thereafter 1,293 Total $ 6,990

INTEREST RECEIVABLE AND OTHER A

INTEREST RECEIVABLE AND OTHER ASSETS	6 Months Ended
	Jun. 30, 2019
INTEREST RECEIVABLE AND OTHER ASSETS
INTEREST RECEIVABLE AND OTHER ASSETS	NOTE 9 – INTEREST RECEIVABLE AND OTHER ASSETS The Company’s interest receivable and other assets at the dates indicated consisted of the following: June 30, December 31, 2019 2018 Deferred tax assets, net $ 7,295 $ 5,891 Accrued interest receivable 4,228 3,676 Investment in SBIC Fund 2,113 1,347 Prepaid assets 1,322 2,156 Servicing asset 2,446 814 Low income housing partnership, net 705 607 Investment in statutory trusts 395 395 All other 1,077 2,495 Total $ 19,581 $ 17,381

DEPOSITS

DEPOSITS	6 Months Ended
	Jun. 30, 2019
DEPOSITS
DEPOSITS	NOTE 10 – DEPOSITS The Company’s deposits consisted of the following at the dates indicated: June 30, December 31, 2019 2018 Demand deposits $ 538,504 $ 398,045 NOW accounts and savings 248,029 246,288 Money market 385,934 398,081 Time under $250,000 189,842 117,653 Time $250,000 and over 143,073 97,701 Total $ 1,505,382 $ 1,257,768

INTEREST PAYABLE AND OTHER LIAB

INTEREST PAYABLE AND OTHER LIABILITIES	6 Months Ended
	Jun. 30, 2019
INTEREST PAYABLE AND OTHER LIABILITIES
INTEREST PAYABLE AND OTHER LIABILITIES	NOTE 11 - INTEREST PAYABLE AND OTHER LIABILITIES The Company’s interest payable and other liabilities at the dates indicated consisted of the following: June 30, December 31, 2019 2018 Accrued expenses $ 5,448 $ 5,508 Deferred rents — 528 CDARs deferred fees 434 494 Accounts payable 1,044 811 Reserve for unfunded commitments 375 330 Accrued interest payable 1,453 198 Miscellaneous other liabilities 484 506 Total $ 9,238 $ 8,375

OTHER EXPENSES

OTHER EXPENSES	6 Months Ended
	Jun. 30, 2019
OTHER EXPENSES
OTHER EXPENSES	NOTE 12– OTHER EXPENSES The Company’s other expenses at the dates indicated consisted of the following: Three months ended Six months ended June 30, June 30, 2019 2018 2019 2018 Professional fees $ 867 $ 557 $ 1,264 $ 898 Core deposit premium amortization 392 290 781 578 Marketing and promotions 396 248 606 459 Stationary and supplies 161 91 298 215 Insurance (including FDIC premiums) 159 107 315 265 Communication and postage 112 109 207 222 Loan default related expense 119 3 150 44 Director fees 375 72 496 131 Bank service charges 19 18 31 47 Courier expense 117 110 231 227 Write-down on premises — 600 — 600 Other expenses 133 21 222 66 Total $ 2,850 $ 2,226 $ 4,601 $ 3,752

EQUITY INCENTIVE PLANS

EQUITY INCENTIVE PLANS	6 Months Ended
	Jun. 30, 2019
EQUITY INCENTIVE PLANS
EQUITY INCENTIVE PLANS	NOTE 13 – 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 officers. As of June 30, 2019, a total of 161,365 equity incentive awards have been granted under the 2017 Plan, all which are awards of restricted stock. 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 were 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 and six months ended June 30, 2019, total compensation expense for these plans was $320,000 and $440,000, respectively, compared to $308,000 and $454,000 for the three and six months ended June 30, 2018, respectively. As of June 30, 2019, there was $2.6 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: 2019 2018 Weighted-average Weighted-average grant date grant date Shares fair value Shares fair value Non-vested at January 1, 131,000 $ 19.18 67,481 $ 13.51 Granted 22,289 22.38 15,232 19.45 Vested (19,253) 19.51 (8,706) 13.40 Non-vested at March 31, 134,036 20.76 74,007 14.60 Granted 45,696 24.60 78,148 22.00 Vested (36,582) 19.55 — — Non-vested at June 30, 143,150 21.63 152,155 19.05

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	6 Months Ended
	Jun. 30, 2019
FAIR VALUE MEASUREMENT
FAIR VALUE MEASUREMENT	NOTE 14 – 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 - Inputs are unadjusted quoted prices in active markets (as defined) for identical assets or liabilities that the Company has the ability to access at the measurement date. 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 to determine the hierarchy 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: June 30, 2019 Total Level 1 Level 2 Level 3 U.S. Treasuries $ 996 $ 996 $ — $ — U.S. Government Agencies 13,587 — 13,587 — Municipal securities 17,464 — 17,464 — Mortgage-backed securities 29,646 — 29,646 — Collateralized mortgage obligations 24,166 — 24,166 — SBA securities 4,241 — 4,241 — Corporate bonds 10,171 — 10,171 — Total assets measured at fair value $ 100,271 $ 996 $ 99,275 $ — 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: June 30, 2019 Total Level 1 Level 2 Level 3 Performing impaired loans $ 763 $ — $ — $ 763 Nonperforming impaired loans 3,822 — — 3,822 OREO 627 — — 627 Total assets measured at fair value $ 5,212 $ — $ — $ 5,212 December 31, 2018 Total Level 1 Level 2 Level 3 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 carrying amounts and fair values of the Company's financial instruments at the dates indicated are presented below: Carrying Fair Fair value measurements June 30, 2019 amount value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 351, 594 $ 351,594 $ 351,594 $ — $ — Interest bearing deposits in banks 3,232 3,232 3,232 — — Investment securities available-for-sale 100,271 100,271 996 99,275 — Loans held for sale 1,016 1,016 — 1,016 — Loans, net 1,213,527 1,213,527 — — 1,213,527 Other equity securities 11,343 11,343 11,343 — — Accrued interest receivable 4,228 4,228 — 4,228 — Financial liabilities: Deposits 1,505,382 1,505,382 — 1,505,382 — Subordinated debentures 8,201 8,201 — — 8,201 Accrued interest payable 1,453 1,453 — 1,453 — Off-balance sheet liabilities: Undisbursed loan commitments, lines of credit, standby letters of credit 121,438 121,063 — — 121,063 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 held for sale 855 855 — 855 — Loans, net 970,189 967,882 — — 967,882 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	6 Months Ended
	Jun. 30, 2019
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	NOTE 15 – 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 June 30, 2019 and December 31, 2018, undisbursed commitments totaled $120.7 million and $99.2 million, respectively. In addition, at June 30, 2019 and December 31, 2018, the Company has issued standby letter of credit commitments, primarily issued for the third party performance obligations of clients totaling $769,000 and $1.8 million, respectively. There were no outstanding balances at June 30, 2019 and December 31, 2018. 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 June 30, 2019 and December 31, 2018, the reserve associated with these commitments included in interest payable and other liabilities on the consolidated balance sheets was $375,000 and $330,000, respectively. Commercial Real Estate Concentrations At June 30, 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 June 30, 2019 and December 31, 2018, the remaining commitments to the LIHTC and SBIC were approximately $3.6 million and $473,000, respectively and $3.8 million and $976,000, respectively. Deposits At June 30, 2019, approximately $129.8 million, or 8.6%, of the Company's deposits were derived from its top ten depositors. At December 31, 2018, approximately $148.6 million, or 11.5%, of the Company's deposits were derived from its 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 June 30, 2019 and December 31, 2018, the FHLB issued letters of credit on behalf of the Company totaling $1.0 million and $11.5 million, as collateral for local agency deposits, respectively.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2019
BASIS OF PRESENTATION
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 and six months ended June 30, 2019, the Company recognized $102,000 and $189,000 in deposit fees, and $43,000 and $85,000 in debit card interchange fees considered in scope of ASC 606, respectively. There was a total of $2.4 million and $4.4 million of noninterest income considered not in scope of ASC 606 for the three and six months ended June 30, 2019. 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)	6 Months Ended
	Jun. 30, 2019
Schedule of fair value of the assets acquired and liabilities assumed	The following table summarizes the fair value of the assets acquired and liabilities assumed at the acquisition date: Uniti Merger BFC Merger dated dated May 24, 2019 November 30, 2018 Fair value of assets: Cash and due from banks $ 6,392 $ 4,932 Federal funds sold 22,080 9,346 Total cash and cash equivalents 28,472 14,278 Investment securities available-for-sale 5,096 56,198 FHLB stock, at par 1,535 154 FRB stock, at par — 173 Loans, net 276,719 75,384 Premises and equipment, net 463 3,291 OREO 76 1,066 Core deposit intangible 566 3,604 Cash surrender value of bank owned life insurance policies, net — 2,937 Servicing assets 1,824 — Interest receivable and other assets 3,267 735 Total assets acquired 318,018 157,820 Liabilities: Deposits Noninterest bearing 143,082 97,771 Interest bearing 122,704 37,711 265,786 135,482 Junior subordinated deferrable interest debentures, net — 2,715 Other liabilities 1,386 329 Total liabilities assumed 267,172 138,526 Cash consideration 37,814 23,523 Common stock issued 24,887 — Goodwill $ 11,855 $ 4,229
Schedule of net assets acquired and the estimated fair value adjustments, which resulted in goodwill at the acquisition date	The following table presents the net assets acquired and the estimated fair value adjustments, which resulted in goodwill at the acquisition date: Uniti Merger BFC Merger dated dated May 24, 2019 November 30, 2018 Book value of net assets acquired $ 47,445 $ 16,201 Fair value adjustments: Investments available-for-sale — (382) Loans, net 4,617 284 Premises and equipment, net — 668 Write-down on OREO (32) (229) Core deposit intangible 566 3,604 Deferred tax assets (695) (1,176) Write-down on servicing assets (805) — Time deposits (250) (54) Junior subordinated deferrable interest debentures, net — 378 Total purchase accounting adjustments 3,401 3,093 Fair value of net assets acquired 50,846 19,294 Price paid: Cash paid 37,814 23,523 Common stock issued 24,887 — Total price paid 62,701 23,523 Goodwill $ 11,855 $ 4,229
Schedule of unaudited proforma net interest income, net income and earnings per share	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 merger with TIG had 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 Six months ended June 30, June 30, 2019 2018 2019 2018 Net interest income $ 18,405 $ 15,014 $ 35,813 $ 29,631 Net income 2,780 4,884 8,344 9,307 Basic earnings per share $ 0.23 $ 0.47 $ 0.69 $ 0.99 Diluted earnings per share $ 0.23 $ 0.47 $ 0.69 $ 0.99
Schedule of Acquisition Related Expenses	Acquisition expenses are recognized in the periods in which the costs are incurred and the services are received. The Company incurred third-party acquisition expenses in the consolidated statements of income for the periods indicated as follows: Uniti Merger BFC Merger Six months ended Year ended June 30, 2019 December 31, 2018 Professional fees $ 535 $ 130 Data processing 2,657 1,290 Severance expense 578 536 Other 365 369 Total $ 4,135 $ 2,325
Pro Forma [Member]
Schedule of unaudited proforma net interest income, net income and earnings per share	Unaudited pro forma net interest income, net income and earnings per share are presented below: Three months ended June 30, Six months ended June 30, 2019 2018 2019 2018 Net interest income $ 17,735 $ 17,680 $ 34,148 $ 33,302 Net income 1,118 5,612 6,632 10,551 Basic earnings per share $ 0.09 $ 0.53 $ 0.55 $ 1.10 Diluted earnings per share $ 0.09 $ 0.53 $ 0.55 $ 1.10

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2019
INVESTMENT SECURITIES
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 June 30, 2019 cost gains losses fair value U.S. Treasuries $ 993 $ 3 $ — $ 996 U.S. Government Agencies 13,512 89 (14) 13,587 Municipal securities 17,153 326 (15) 17,464 Mortgage-backed securities 28,802 852 (8) 29,646 Collateralized mortgage obligations 23,685 492 (11) 24,166 SBA securities 4,280 9 (48) 4,241 Corporate bonds 10,040 135 (4) 10,171 Total $ 98,465 $ 1,906 $ (100) $ 100,271 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 June 30, 2019 fair value loss fair value loss fair value loss U.S. Treasuries $ — $ — $ — $ — $ — $ — U.S. Government Agencies 1,509 (14) — — 1,509 (14) Municipal securities 529 (4) 1,872 (11) 2,401 (15) Mortgage-backed securities 721 (5) 1,313 (3) 2,034 (8) Collateralized mortgage obligations 926 (10) 322 (1) 1,248 (11) SBA securities — — 2,489 (48) 2,489 (48) Corporate bonds 1,518 (4) — — 1,518 (4) Total $ 5,203 $ (37) $ 5,996 $ (63) $ 11,199 $ (100) 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. June 30, 2019 December 31, 2018 Amortized Estimated Amortized Estimated cost fair value cost fair value Available-for-sale: Due in one year or less $ 12,031 $ 12,057 $ 14,292 $ 14,279 Due after one through five years 28,978 29,439 26,287 26,327 Due after five years through ten years 20,258 20,720 20,840 20,758 Due after ten years 37,198 38,055 38,516 38,432 Total $ 98,465 $ 100,271 $ 99,935 $ 99,796

LOANS (Tables)

LOANS (Tables)	6 Months Ended
	Jun. 30, 2019
LOANS
Schedule of accounts, notes, loans and financing receivable	The Company’s loan portfolio at the dates indicated is summarized below: June 30, December 31, 2019 2018 Commercial and industrial $ 151,862 $ 121,855 Construction and land 30,502 47,302 Commercial real estate 902,896 701,983 Residential 128,590 102,708 Consumer 6,052 1,847 Total loans 1,219,902 975,695 Net deferred loan fees (495) (366) Allowance for loan losses (5,880) (5,140) Net loans $ 1,213,527 $ 970,189
Schedule of impaired financing receivables	The Company’s total impaired loans, including nonaccrual loans, accruing loans modified as troubled debt restructurings (“TDRs”), 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 Construction Commercial industrial and land real estate Residential Consumer Total June 30, 2019 Recorded investment in impaired loans: With no specific allowance recorded $ 2,231 $ — $ 2,215 $ 120 $ — $ 4,566 With a specific allowance recorded 19 — — — — 19 Total recorded investment in impaired loans $ 2,250 $ — $ 2,215 $ 120 $ — $ 4,585 Specific allowance on impaired loans 19 — — — — 19 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 June 30, 2019 Average recorded investment in impaired loans $ 2,326 $ — $ 1,386 $ 282 $ — $ 3,994 Interest recognized 1 — — — — 1 Six months ended June 30, 2019 Average recorded investment in impaired loans 2,347 — 1,162 441 — 3,950 Interest recognized 34 — 20 1 — 55 Three months ended June 30, 2018 Average recorded investment in impaired loans 702 — 890 132 — 1,724 Interest recognized — — 6 — — 6 Six months ended June 30, 2018 Average recorded investment in impaired loans 102 — 1,002 74 — 1,178 Interest recognized 10 — 11 2 — 23
Schedule of financing receivables, non accrual status	The following table presents nonaccrual loans at the dates indicated: June 30, December 31, 2019 2018 Commercial and industrial $ 2,250 $ 1,878 Construction and land — — Commercial real estate 1,452 596 Residential 120 654 Consumer — — Total $ 3,822 $ 3,128
Schedule of debtor troubled debt restructuring, current period	The following tables present TDR loans by class, during the periods indicated: Number of Rate Term Interest only Combined Three months ended June 30, 2019 loans modification modification modification modification Total Commercial and industrial — $ — $ — $ — $ — $ — Construction and land — — — — — — Commercial real estate — — — — — — Residential — — — — — — Consumer — — — — — — Total — $ — $ — $ — $ — $ — Number of Rate Term Interest only Combined Six months ended June 30, 2019 loans modification modification modification modification Total Commercial and industrial 2 $ — $ 176 $ — $ 321 $ 497 Construction and land — — — — — — Commercial real estate — — — — — — Residential — — — — — — Consumer — — — — — — Total 2 $ — $ 176 $ — $ 321 $ 497 Number of Rate Term Interest only Combined Three months ended June 30, 2018 loans modification modification modification modification Total Commercial and industrial — $ — $ — $ — $ — $ — Construction and land — — — — — — Commercial real estate — — — — — — Residential 1 — 129 — — 129 Consumer — — — — — — Total 1 $ — $ 129 $ — $ — $ 129 Number of Rate Term Interest only Combined Six months ended June 30, 2018 loans modification modification modification modification Total Commercial and industrial 1 $ — $ — $ — $ 11 $ 11 Construction and land — — — — — — Commercial real estate 1 — — — 776 776 Residential 1 — 129 — — 129 Consumer — — — — — — Total 3 $ — $ 129 $ — $ 787 $ 916
Schedule of financing receivable credit quality indicators	The following tables present the internally assigned risk grade by class of loans at the dates indicated: June 30, 2019 Pass mention Substandard Doubtful Total Commercial and industrial $ 149,943 $ 1,253 $ 666 $ — $ 151,862 Construction and land 27,618 147 2,737 — 30,502 Commercial real estate 882,714 16,038 4,144 — 902,896 Residential 127,239 1,231 120 — 128,590 Consumer 6,041 11 — — 6,052 Total $ 1,193,555 $ 18,680 $ 7,667 $ — $ 1,219,902 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: Recorded 90 Days investment > 30-59 Days 60-89 Days or more Total Total loans 90 days and June 30, 2019 past due past due past due past due Current PCI loans receivable accruing Commercial and industrial $ 579 $ 359 $ 1,763 $ 2,701 $ 148,385 $ 776 $ 151,862 $ — Construction and land 93 — — 93 30,189 220 30,502 — Commercial real estate 306 3,916 1,960 6,182 880,865 15,849 902,896 597 Residential — 39 — 39 126,795 1,756 128,590 — Consumer — 5 — 5 6,047 — 6,052 — Total $ 978 $ 4,319 $ 3,723 $ 9,020 $ 1,192,281 $ 18,601 $ 1,219,902 $ 597 Recorded 90 Days investment > 30-59 Days 60-89 Days or more Total Total loans 90 days and December 31, 2018 past due past due past due past due Current PCI loans receivable accruing Commercial and industrial $ 270 $ 349 $ 1,861 $ 2,480 $ 119,373 $ 2 $ 121,855 $ — Construction and land — — — — 47,069 233 47,302 — Commercial real estate 2,345 356 501 3,202 688,005 10,776 701,983 — Residential 93 — 57 150 100,765 1,793 102,708 — Consumer — 4 — 4 1,843 — 1,847 — Total $ 2,708 $ 709 $ 2,419 $ 5,836 $ 957,055 $ 12,804 $ 975,695 $ —
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: June 30, 2019 December 31, 2018 Unpaid Unpaid principal Carrying principal Carrying balance value balance value Commercial and industrial $ 1,462 $ 776 $ 125 $ 2 Construction and land 319 220 335 233 Commercial real estate 18,568 15,849 12,605 10,776 Residential 2,340 1,756 2,381 1,793 Consumer — — — — Total $ 22,689 $ 18,601 $ 15,446 $ 12,804 The following table summarized the accretable yield on the purchased credit impaired loans for the periods indicated: Three months ended Six months ended June 30, June 30, 2019 2018 2019 2018 Balance at beginning of period $ 231 $ 353 $ 256 $ 372 Additions 350 — 350 — Accretion (24) (78) (46) (97) Payoffs — — (3) — Balance at end of period $ 557 $ 275 $ 557 $ 275

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	6 Months Ended
	Jun. 30, 2019
ALLOWANCE FOR LOAN LOSSES
Schedule of AllolwanceSchedule of Allowance for loan losses 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: Commercial Construction Commercial Three months ended June 30, 2019 and industrial and land real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 1,135 $ 340 $ 3,326 $ 235 $ 2 $ 367 $ 5,405 Charge-offs — — — — — — — Recoveries 30 — — — — — 30 Provision for loan losses 85 (74) 527 (10) — (83) 445 Ending balance $ 1,250 $ 266 $ 3,853 $ 225 $ 2 $ 284 $ 5,880 Commercial Construction Commercial Six months ended June 30, 2019 and industrial and land 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 39 — — — — — 39 Provision for loan losses 194 (61) 656 10 3 (80) 722 Ending balance $ 1,250 $ 266 $ 3,853 $ 225 $ 2 $ 284 $ 5,880 June 30, 2019 Allowance for loan losses related to: Loans individually evaluated for impairment $ 19 $ — $ — $ — $ — $ — $ 19 Loans collectively evaluated for impairment 1,233 266 3,490 587 1 284 5,861 PCI loans — — — — — — — Commercial Construction Commercial Three months ended June 30, 2018 and industrial and land real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 1,005 $ 251 $ 2,782 $ 160 $ — $ 402 $ 4,600 Charge-offs (251) — — — — — (251) Recoveries 8 — — — — — 8 Provision for loan losses 140 41 179 15 2 (134) 243 Ending balance $ 902 $ 292 $ 2,961 $ 175 $ 2 $ 268 $ 4,600 Commercial Construction Commercial Six months ended June 30, 2018 and industrial and land real estate Residential Consumer Unallocated Total Allowance for loan losses Beginning balance $ 841 $ 199 $ 2,695 $ 150 $ 3 $ 327 $ 4,215 Charge-offs (251) — — — — — (251) Recoveries 139 — — — — — 139 Provision for loan losses 173 93 266 25 (1) (59) 497 Ending balance $ 902 $ 292 $ 2,961 $ 175 $ 2 $ 268 $ 4,600 June 30, 2018 Allowance for loan losses related to: Loans individually evaluated for impairment $ 11 $ — $ — $ — $ — $ — $ 11 Loans collectively evaluated for impairment 891 292 2,961 175 2 268 4,589 PCI loans — — — — — — —

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2019
PREMISES AND EQUIPMENT
Schedule of Premises and Equipment	Premises and equipment consisted of the following at the dates indicated: June 30, December 31, 2019 2018 Premises owned $ 4,571 $ 10,267 Write-down on premises owned — (600) Premises owned, net 4,571 9,667 Leasehold improvements 2,178 1,654 Furniture, fixtures and equipment 4,016 3,835 Less accumulated depreciation and amortization (4,184) (3,988) Total premises and equipment, net $ 6,581 $ 11,168
Schedule of Lease payments	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 June 30, 2019, include only the periods for which Topic 842 was effective: Year ending December 31, $ 1,465 2,759 2,431 1,801 1,299 Thereafter 1,906 Total lease payments 11,661 Less: interest (863) Present value of lease liabilities $ 10,798
Schedule of Weighted average operating lease term and discount rate	The following table presents the weighted average operating lease term and discount rate at the date indicated: June 30, 2019 Weighted-average remaining lease term 5.06 years Weighted-average discount rate 2.89 %

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2019
GOODWILL AND INTANGIBLE ASSETS
Schedule of company's goodwill	Changes in the Company’s goodwill for the periods indicated are as follows: June 30, December 31, 2019 2018 Balance, January 1 $ 14,594 $ 10,365 Acquired goodwill 11,855 4,229 Impairment — — Balance at end of period $ 26,449 $ 14,594
Schedule of finite-lived intangible assets	Changes in the Company’s core deposit intangible for the periods indicated were as follows: June 30, December 31, 2019 2018 Balance, January 1 $ 7,205 $ 4,772 Additions 566 3,604 Less amortization (781) (1,171) Balance at end of period $ 6,990 $ 7,205
Schedule of finite-lived intangible assets, future amortization expense	Estimated annual amortization at June 30, 2019 is as follows: Year ending December 31, $ 778 1,441 1,418 1,418 642 Thereafter 1,293 Total $ 6,990

INTEREST RECEIVABLE AND OTHER_2

INTEREST RECEIVABLE AND OTHER ASSETS (Tables)	6 Months Ended
	Jun. 30, 2019
INTEREST RECEIVABLE AND OTHER ASSETS
Schedule of Interest receivable and other assets	The Company’s interest receivable and other assets at the dates indicated consisted of the following: June 30, December 31, 2019 2018 Deferred tax assets, net $ 7,295 $ 5,891 Accrued interest receivable 4,228 3,676 Investment in SBIC Fund 2,113 1,347 Prepaid assets 1,322 2,156 Servicing asset 2,446 814 Low income housing partnership, net 705 607 Investment in statutory trusts 395 395 All other 1,077 2,495 Total $ 19,581 $ 17,381

DEPOSITS (Tables)

DEPOSITS (Tables)	6 Months Ended
	Jun. 30, 2019
DEPOSITS
Schedule of Deposits	The Company’s deposits consisted of the following at the dates indicated: June 30, December 31, 2019 2018 Demand deposits $ 538,504 $ 398,045 NOW accounts and savings 248,029 246,288 Money market 385,934 398,081 Time under $250,000 189,842 117,653 Time $250,000 and over 143,073 97,701 Total $ 1,505,382 $ 1,257,768

INTEREST PAYABLE AND OTHER LI_2

INTEREST PAYABLE AND OTHER LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2019
INTEREST PAYABLE AND OTHER LIABILITIES
Schedule of interest payable and other liabilities	The Company’s interest payable and other liabilities at the dates indicated consisted of the following: June 30, December 31, 2019 2018 Accrued expenses $ 5,448 $ 5,508 Deferred rents — 528 CDARs deferred fees 434 494 Accounts payable 1,044 811 Reserve for unfunded commitments 375 330 Accrued interest payable 1,453 198 Miscellaneous other liabilities 484 506 Total $ 9,238 $ 8,375

OTHER EXPENSES (Tables)

OTHER EXPENSES (Tables)	6 Months Ended
	Jun. 30, 2019
OTHER EXPENSES
Schedule of other expenses	The Company’s other expenses at the dates indicated consisted of the following: Three months ended Six months ended June 30, June 30, 2019 2018 2019 2018 Professional fees $ 867 $ 557 $ 1,264 $ 898 Core deposit premium amortization 392 290 781 578 Marketing and promotions 396 248 606 459 Stationary and supplies 161 91 298 215 Insurance (including FDIC premiums) 159 107 315 265 Communication and postage 112 109 207 222 Loan default related expense 119 3 150 44 Director fees 375 72 496 131 Bank service charges 19 18 31 47 Courier expense 117 110 231 227 Write-down on premises — 600 — 600 Other expenses 133 21 222 66 Total $ 2,850 $ 2,226 $ 4,601 $ 3,752

EQUITY INCENTIVE PLANS (Tables)

EQUITY INCENTIVE PLANS (Tables)	6 Months Ended
	Jun. 30, 2019
EQUITY INCENTIVE PLANS
Schedule of nonvested restricted stock units activity	The following table provides the restricted stock grant activity for the periods indicated: 2019 2018 Weighted-average Weighted-average grant date grant date Shares fair value Shares fair value Non-vested at January 1, 131,000 $ 19.18 67,481 $ 13.51 Granted 22,289 22.38 15,232 19.45 Vested (19,253) 19.51 (8,706) 13.40 Non-vested at March 31, 134,036 20.76 74,007 14.60 Granted 45,696 24.60 78,148 22.00 Vested (36,582) 19.55 — — Non-vested at June 30, 143,150 21.63 152,155 19.05

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	6 Months Ended
	Jun. 30, 2019
FAIR VALUE MEASUREMENT
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: June 30, 2019 Total Level 1 Level 2 Level 3 U.S. Treasuries $ 996 $ 996 $ — $ — U.S. Government Agencies 13,587 — 13,587 — Municipal securities 17,464 — 17,464 — Mortgage-backed securities 29,646 — 29,646 — Collateralized mortgage obligations 24,166 — 24,166 — SBA securities 4,241 — 4,241 — Corporate bonds 10,171 — 10,171 — Total assets measured at fair value $ 100,271 $ 996 $ 99,275 $ — 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: June 30, 2019 Total Level 1 Level 2 Level 3 Performing impaired loans $ 763 $ — $ — $ 763 Nonperforming impaired loans 3,822 — — 3,822 OREO 627 — — 627 Total assets measured at fair value $ 5,212 $ — $ — $ 5,212 December 31, 2018 Total Level 1 Level 2 Level 3 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 June 30, 2019 amount value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 351, 594 $ 351,594 $ 351,594 $ — $ — Interest bearing deposits in banks 3,232 3,232 3,232 — — Investment securities available-for-sale 100,271 100,271 996 99,275 — Loans held for sale 1,016 1,016 — 1,016 — Loans, net 1,213,527 1,213,527 — — 1,213,527 Other equity securities 11,343 11,343 11,343 — — Accrued interest receivable 4,228 4,228 — 4,228 — Financial liabilities: Deposits 1,505,382 1,505,382 — 1,505,382 — Subordinated debentures 8,201 8,201 — — 8,201 Accrued interest payable 1,453 1,453 — 1,453 — Off-balance sheet liabilities: Undisbursed loan commitments, lines of credit, standby letters of credit 121,438 121,063 — — 121,063 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 held for sale 855 855 — 855 — Loans, net 970,189 967,882 — — 967,882 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) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jun. 28, 2019	Jan. 01, 2019
Operating Lease, Right-of-Use Asset	$ 10,598,000	$ 10,598,000		$ 7,800,000
Operating Lease, Liability	10,798,000	10,798,000		$ 8,200,000
Proceeds from Deposits from Customers	102,000	189,000
New Revenue Recognition Accounting Standard	2,400,000	4,400,000
TIG Bancorp [Member]
Business Acquisition, Transaction Costs			$ 39,400,000
Debit Card [Member]
Debit Card Interchange Fees	$ 43,000	$ 85,000

ACQUISITION - Fair value of ass

ACQUISITION - Fair value of assets and liabilities (Details) - USD ($) $ in Thousands	May 24, 2019	Nov. 30, 2018	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2017
Fair value of assets:
Cash and due from banks			$ 27,587	$ 20,846
Federal funds sold			324,007	302,735
Total cash and cash equivalents			351,594	323,581
FHLB stock, at par			7,174	5,162
FRB stock, at par			4,169	4,081
Loans, net			1,213,527	967,882
OREO			627	801
Core deposit intangible			6,990	7,205
Cash surrender value of bank owned life insurance policies, net			19,918	19,602
Servicing assets			2,446	814
Interest receivable and other assets			19,581	17,381
Total Assets			1,771,727	1,478,395
Deposits
Noninterest bearing			1,505,382	1,257,768
Deposits			1,505,382	1,259,045
Total liabilities			1,537,090	1,277,642
Net cash paid in acquisition			9,342
Goodwill			$ 26,449	$ 14,594	$ 10,365
Uniti Merger [Member]
Fair value of assets:
Cash and due from banks	$ 6,392
Federal funds sold	22,080
Total cash and cash equivalents	28,472
Investment securities available-for-sale	5,096
FHLB stock, at par	1,535
Loans, net	276,719
Premises and equipment, net	463
OREO	76
Core deposit intangible	566
Servicing assets	1,824
Interest receivable and other assets	3,267
Total Assets	318,018
Deposits
Noninterest bearing	143,082
Interest bearing	122,704
Deposits	265,786
Other liabilities	1,386
Total liabilities	267,172
Net cash paid in acquisition	37,814
Common stock issued	24,887
Goodwill	$ 11,855
BFC Merger [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 available-for-sale		56,198
FHLB stock, at par		154
FRB stock, at par		173
Loans, net		75,384
Premises and equipment, net		3,291
OREO		1,066
Core deposit intangible		3,604
Cash surrender value of bank owned life insurance policies, net		2,937
Interest receivable and other assets		735
Total Assets		157,820
Deposits
Noninterest bearing		97,771
Interest bearing		37,711
Deposits		135,482
Junior subordinated deferrable interest debentures, net		2,715
Other liabilities		329
Total liabilities		138,526
Net cash paid in acquisition		23,523
Goodwill		$ 4,229

ACQUISITION - Net Assets acquir

ACQUISITION - Net Assets acquired and Goodwill (Details) - USD ($) $ in Thousands	May 24, 2019	Nov. 30, 2018	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2017
Fair value of assets:
Net Loans			$ 1,213,527	$ 970,189
Premises and equipment, net			6,581	11,168
Core deposit intangible			6,990	7,205
Junior subordinated deferrable interest debentures, net			8,201	8,161
Price paid:
Net cash paid in acquisition			9,342
Goodwill			$ 26,449	$ 14,594	$ 10,365
Uniti Merger [Member]
Book value of net assets acquired	$ 47,445
Fair value of assets:
Net Loans	4,617
Write-down on OREO	(32)
Core deposit intangible	566
Deferred tax asset, net	(695)
Write-down on servicing assets	(805)
Time deposits	(250)
Total purchase accounting adjustments	3,401
Fair value of net assets acquired	50,846
Price paid:
Net cash paid in acquisition	37,814
Common stock issued	24,887
Total price paid	62,701
Goodwill	$ 11,855
BFC Merger [Member]
Book value of net assets acquired		$ 16,201
Fair value of assets:
Investments available-for-sale		(382)
Net Loans		284
Premises and equipment, net		668
Write-down on OREO		(229)
Core deposit intangible		3,604
Deferred tax asset, net		(1,176)
Time deposits		(54)
Junior subordinated deferrable interest debentures, net		378
Total purchase accounting adjustments		3,093
Fair value of net assets acquired		19,294
Price paid:
Net cash paid in acquisition		23,523
Total price paid		23,523
Goodwill		$ 4,229

ACQUISITION - Unaudited proform

ACQUISITION - Unaudited proforma results (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Net interest income	$ 16,018		$ 12,600		$ 30,883		$ 25,014
Net income	$ 2,227	$ 4,941	$ 4,288	$ 4,069	$ 7,168	$ 6,136	$ 8,357
Basic earnings per share	$ 0.20		$ 0.45		$ 0.64		$ 0.99
Pro Forma [Member]
Net interest income	$ 17,735		$ 17,680		$ 34,148		$ 33,302
Net income	$ 1,118		$ 5,612		$ 6,632		$ 10,551
Basic earnings per share	$ 0.09		$ 0.53		$ 0.55		$ 1.10
Diluted earnings per share	$ 0.09		$ 0.53		$ 0.55		$ 1.10

ACQUISITION - Acquisition Relat

ACQUISITION - Acquisition Related Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Professional fees	$ 867	$ 557	$ 1,264	$ 898
Data processing	$ 3,683	$ 615	4,607	$ 1,323
Uniti Merger [Member]
Professional fees			535
Data processing			2,657
Severance expense			578
Other			365
Total year-to-date			$ 4,135
BFC Merger [Member]
Professional fees					$ 130
Data processing					1,290
Severance expense					536
Other					369
Total year-to-date					$ 2,325

ACQUISITION - Pending acquisiti

ACQUISITION - Pending acquisition (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Net interest income	$ 16,018	$ 12,600	$ 30,883	$ 25,014
Diluted earnings per share	$ 0.20	$ 0.45	$ 0.64	$ 0.99
Pending Acquisition [Member]
Net interest income	$ 2,780	$ 4,884	$ 8,344	$ 9,307
Net income	$ 18,405	$ 15,014	$ 35,813	$ 29,631
Basic earnings per share	$ 0.23	$ 0.47	$ 0.69	$ 0.99
Diluted earnings per share	$ 0.23	$ 0.47	$ 0.69	$ 0.99

ACQUISITION - Additional inform

ACQUISITION - Additional information (Details) $ / shares in Units, $ in Thousands	Jun. 28, 2019USD ($)item$ / shares	May 24, 2019USD ($)itemshares	Nov. 30, 2018USD ($)item$ / shares	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Payments to Acquire Businesses, Net of Cash Acquired				$ 9,342
Assets				1,771,727	$ 1,478,395
Deposits				$ 1,505,382	$ 1,257,768
Uniti Merger [Member]
Number of Branch Offices | item		3
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares		1,115,006
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable		$ 24,887
Payments to Acquire Businesses, Net of Cash Acquired		37,814
Business Combination, Consideration Transferred		62,701
Assets		$ 318,018
BFC Merger [Member]
Number of Branch Offices | item			5
Payments to Acquire Businesses, Net of Cash Acquired			$ 23,523
Business Combination, Consideration Transferred			$ 23,523
Business Acquisition, Share Price | $ / shares			$ 62
Assets			$ 157,820
TIG Bancorp [Member]
Number of Branch Offices | item	7
Business Combination, Consideration Transferred	$ 39,400
Business Acquisition, Share Price | $ / shares	$ 6.34
Common Stock, Conversion Basis	0.27543 shares of Company common stock
Common Stock, Par or Stated Value Per Share | $ / shares	$ 21.90
Business Combination, Consideration Transferred Value Per Share | $ / shares	$ 12.37
Business Acquisition, Percentage of Voting Interests Acquired	6.80%
Assets	$ 230,500
Total loans	145,700
Deposits	197,000
Business Combination Recognition In Equity	$ 32,000

INVESTMENT SECURITIES - Amortiz

INVESTMENT SECURITIES - Amortized Cost, Gross Unrealized Gains and Losses, and Estimated Fair Values of Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Amortized cost	$ 98,465	$ 99,935
Gross Unrealized gains	1,906	368
Gross Unrealized losses	(100)	(507)
Estimated fair value	100,271	99,796
US Treasuries [Member]
Amortized cost	993	984
Gross Unrealized gains	3	1
Gross Unrealized losses	0	0
Estimated fair value	996	985
U.S. Government Agencies [Member]
Amortized cost	13,512	13,761
Gross Unrealized gains	89	21
Gross Unrealized losses	(14)	(17)
Estimated fair value	13,587	13,765
Municipal securities [Member]
Amortized cost	17,153	19,604
Gross Unrealized gains	326	65
Gross Unrealized losses	(15)	(166)
Estimated fair value	17,464	19,503
Mortgage-backed securities [Member]
Amortized cost	28,802	49,565
Gross Unrealized gains	852	243
Gross Unrealized losses	(8)	(206)
Estimated fair value	29,646	49,602
Collateralized mortgage obligation securities [Member]
Amortized cost	23,685	4,705
Gross Unrealized gains	492	32
Gross Unrealized losses	(11)	(20)
Estimated fair value	24,166	4,717
SBA Securities [Member]
Amortized cost	4,280	4,300
Gross Unrealized gains	9	2
Gross Unrealized losses	(48)	(61)
Estimated fair value	4,241	4,241
Corporate Bonds [Member]
Amortized cost	10,040	7,016
Gross Unrealized gains	135	4
Gross Unrealized losses	(4)	(37)
Estimated fair value	$ 10,171	$ 6,983

INVESTMENT SECURITIES - Gross U

INVESTMENT SECURITIES - Gross Unrealized Losses and Estimated Fair Value for Securities Available-for-Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Less than 12 months Estimated Fair Value	$ 5,203	$ 33,895
Less than 12 months Unrealized Loss	(37)	(213)
12 months or more Estimated Fair Value	5,996	18,147
12 months or more Unrealized Loss	(63)	(294)
Total Estimated Fair Value	11,199	52,042
Total Unrealized Loss	(100)	(507)
US Treasuries [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	1,509	4,014
Less than 12 months Unrealized Loss	(14)	(9)
12 months or more Estimated Fair Value	0	1,743
12 months or more Unrealized Loss	0	(8)
Total Estimated Fair Value	1,509	5,757
Total Unrealized Loss	(14)	(17)
Municipal securities [Member]
Less than 12 months Estimated Fair Value	529	6,883
Less than 12 months Unrealized Loss	(4)	(35)
12 months or more Estimated Fair Value	1,872	7,537
12 months or more Unrealized Loss	(11)	(131)
Total Estimated Fair Value	2,401	14,420
Total Unrealized Loss	(15)	(166)
Mortgage-backed securities [Member]
Less than 12 months Estimated Fair Value	721	14,919
Less than 12 months Unrealized Loss	(5)	(91)
12 months or more Estimated Fair Value	1,313	6,054
12 months or more Unrealized Loss	(3)	(115)
Total Estimated Fair Value	2,034	20,973
Total Unrealized Loss	(8)	(206)
Collateralized mortgage obligation securities [Member]
Less than 12 months Estimated Fair Value	926	2,427
Less than 12 months Unrealized Loss	(10)	(9)
12 months or more Estimated Fair Value	322	477
12 months or more Unrealized Loss	(1)	(11)
Total Estimated Fair Value	1,248	2,904
Total Unrealized Loss	(11)	(20)
SBA Securities [Member]
Less than 12 months Estimated Fair Value		677
Less than 12 months Unrealized Loss		(32)
12 months or more Estimated Fair Value	2,489	2,336
12 months or more Unrealized Loss	(48)	(29)
Total Estimated Fair Value	2,489	3,013
Total Unrealized Loss	(48)	(61)
Corporate Bonds [Member]
Less than 12 months Estimated Fair Value	1,518	4,975
Less than 12 months Unrealized Loss	(4)	(37)
12 months or more Estimated Fair Value	0	0
12 months or more Unrealized Loss	0	0
Total Estimated Fair Value	1,518	4,975
Total Unrealized Loss	$ (4)	$ (37)

INVESTMENT SECURITIES - Amort_2

INVESTMENT SECURITIES - Amortized Cost and Estimated Fair Value of Available-for-Sale Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Available-for-sale: Amortized Cost
Due in one year or less	$ 12,031	$ 14,292
Due after one through five years	28,978	26,287
Due after five years through ten years	20,258	20,840
Due after ten years	37,198	38,516
Available-for-sale Amortized Cost	98,465	99,935
Available-for-sale: Fair Value
Due in one year or less	12,057	14,279
Due after one through five years	29,439	26,327
Due after five years through ten years	20,720	20,758
Due after ten years	38,055	38,432
Available-for-sale Fair Value	$ 100,271	$ 99,796

INVESTMENT SECURITIES - Additio

INVESTMENT SECURITIES - Additional information (Details)	Jun. 30, 2019item
INVESTMENT SECURITIES
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	214
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	20
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	22

LOANS - Summary of Loans (Detai

LOANS - Summary of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
LOANS
Commercial and industrial	$ 151,862		$ 121,855
Construction and land	30,502		47,302
Commercial real estate	902,896		701,983
Residential	128,590		102,708
Total loans	1,219,902		975,695
Consumer	6,052		1,847
Net deferred loan fees	(495)		(366)
Allowance for loan losses	(5,880)	$ (5,405)	(5,140)	$ (4,600)	$ (4,600)	$ (4,215)
Net Loans	$ 1,213,527		$ 970,189

LOANS - Total Impaired Loans In

LOANS - Total Impaired Loans Including Non-Accrual Loans, Accruing TDR Loans and Accreting PCI Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Total recorded investment in impaired loans	$ 4,585		$ 4,585		$ 3,878
Specific allowance on impaired loans	19		19		10
Average recorded investment in impaired loans	3,994	$ 1,724	3,950	$ 1,178
Interest recognized	1	6	55	23
Consumer [Member]
Total recorded investment in impaired loans	0		0		0
Specific allowance on impaired loans	0		0		0
Average recorded investment in impaired loans	0	0	0	0
Interest recognized	0	0	0	0
Commercial real estate [Member]
Total recorded investment in impaired loans	2,215		2,215		1,346
Specific allowance on impaired loans	0		0		0
Average recorded investment in impaired loans	1,386	890	1,162	1,002
Interest recognized	0	6	20	11
Residential [Member]
Total recorded investment in impaired loans	120		120		654
Specific allowance on impaired loans	0		0		0
Average recorded investment in impaired loans	282	132	441	74
Interest recognized	0	0	1	2
Commercial and industrial [Member]
Total recorded investment in impaired loans	2,250		2,250		1,878
Specific allowance on impaired loans	19		19		10
Average recorded investment in impaired loans	2,326	702	2,347	102
Interest recognized	1		34	10
Construction and land [Member]
Total recorded investment in impaired loans	0		0		0
Specific allowance on impaired loans	0		0		0
Average recorded investment in impaired loans	0	0	0	0
Interest recognized	0	$ 0	0	$ 0
With No Related Allowance Recorded [Member]
With no specific allowance recorded	4,566		4,566		3,868
With No Related Allowance Recorded [Member] | Consumer [Member]
With no specific allowance recorded	0		0		0
With No Related Allowance Recorded [Member] | Commercial real estate [Member]
With no specific allowance recorded	2,215		2,215		1,346
With No Related Allowance Recorded [Member] | Residential [Member]
With no specific allowance recorded	120		120		654
With No Related Allowance Recorded [Member] | Commercial and industrial [Member]
With no specific allowance recorded	2,231		2,231		1,868
With No Related Allowance Recorded [Member] | Construction and land [Member]
With no specific allowance recorded	0		0		0
With An Allowance Recorded [Member]
With a specific allowance recorded	19		19		10
With An Allowance Recorded [Member] | Consumer [Member]
With a specific allowance recorded	0		0		0
With An Allowance Recorded [Member] | Commercial real estate [Member]
With a specific allowance recorded	0		0		0
With An Allowance Recorded [Member] | Residential [Member]
With a specific allowance recorded	0		0		0
With An Allowance Recorded [Member] | Commercial and industrial [Member]
With a specific allowance recorded	19		19		10
With An Allowance Recorded [Member] | Construction and land [Member]
With a specific allowance recorded	$ 0		$ 0		$ 0

LOANS - Nonaccrual Loans (Detai

LOANS - Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 3,822	$ 3,128
Commercial real estate [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	1,452	596
Residential [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	120	654
Commercial and industrial [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	2,250	1,878
Construction and land [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	0	0
Consumer [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 0	$ 0

LOANS - Loans by Class Modified

LOANS - Loans by Class Modified as Troubled Debt Restructuring (Details) - Troubled Debt Restructurings [Member] loan in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)loan	Jun. 30, 2018USD ($)loan	Jun. 30, 2019USD ($)loan	Jun. 30, 2018USD ($)loan
Number of Loans | loan	0	1	2	3
Rate Modification	$ 0	$ 0	$ 0	$ 0
Term Modification	0	129	176	129
Interest Only Modification	0	0	0	0
Rate & Term Modification	0	0	321	787
Total	$ 0	$ 129	$ 497	$ 916
Consumer [Member]
Number of Loans | loan	0	0	0	0
Rate Modification	$ 0	$ 0	$ 0	$ 0
Term Modification	0	0	0	0
Interest Only Modification	0	0	0	0
Rate & Term Modification	0	0	0
Total	$ 0	$ 0	$ 0	$ 0
Commercial real estate [Member]
Number of Loans | loan	0	0	0	1
Rate Modification	$ 0	$ 0	$ 0	$ 0
Term Modification	0	0	0	0
Interest Only Modification	0	0	0	0
Rate & Term Modification	0	0	0	776
Total	$ 0	$ 0	$ 0	$ 776
Residential [Member]
Number of Loans | loan	0	1	0	1
Rate Modification	$ 0	$ 0	$ 0	$ 0
Term Modification	0	129	0	129
Interest Only Modification	0	0	0	0
Rate & Term Modification	0	0	0
Total	$ 0	$ 129	$ 0	$ 129
Commercial and industrial [Member]
Number of Loans | loan	0	0	2	1
Rate Modification	$ 0	$ 0	$ 0	$ 0
Term Modification	0	0	176	0
Interest Only Modification	0	0	0	0
Rate & Term Modification	0	0	321	11
Total	$ 0	$ 0	$ 497	$ 11
Construction and land [Member]
Number of Loans | loan	0	0	0	0
Rate Modification	$ 0	$ 0	$ 0	$ 0
Term Modification	0	0	0	0
Interest Only Modification	0	0	0	0
Rate & Term Modification	0	0	0
Total	$ 0	$ 0	$ 0	$ 0

LOANS - Internally Assigned Gra

LOANS - Internally Assigned Grade by Class of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Total loans [Member]
Risk Category Of Loans By Class	$ 1,219,902	$ 975,695
Total loans [Member] | Consumer [Member]
Risk Category Of Loans By Class	6,052	1,847
Total loans [Member] | Commercial real estate [Member]
Risk Category Of Loans By Class	902,896	701,983
Total loans [Member] | Residential [Member]
Risk Category Of Loans By Class	128,590	102,708
Total loans [Member] | Commercial and industrial [Member]
Risk Category Of Loans By Class	151,862	121,855
Total loans [Member] | Construction and land [Member]
Risk Category Of Loans By Class	30,502	47,302
Pass [Member]
Risk Category Of Loans By Class	1,193,555	954,325
Pass [Member] | Consumer [Member]
Risk Category Of Loans By Class	6,041	1,847
Pass [Member] | Commercial real estate [Member]
Risk Category Of Loans By Class	882,714	686,154
Pass [Member] | Residential [Member]
Risk Category Of Loans By Class	127,239	101,908
Pass [Member] | Commercial and industrial [Member]
Risk Category Of Loans By Class	149,943	119,926
Pass [Member] | Construction and land [Member]
Risk Category Of Loans By Class	27,618	44,490
Special Mention [Member]
Risk Category Of Loans By Class	18,680	13,569
Special Mention [Member] | Consumer [Member]
Risk Category Of Loans By Class	11	0
Special Mention [Member] | Commercial real estate [Member]
Risk Category Of Loans By Class	16,038	12,120
Special Mention [Member] | Residential [Member]
Risk Category Of Loans By Class	1,231	147
Special Mention [Member] | Commercial and industrial [Member]
Risk Category Of Loans By Class	1,253	1,302
Special Mention [Member] | Construction and land [Member]
Risk Category Of Loans By Class	147	0
Substandard [Member]
Risk Category Of Loans By Class	7,667	7,801
Substandard [Member] | Consumer [Member]
Risk Category Of Loans By Class		0
Substandard [Member] | Commercial real estate [Member]
Risk Category Of Loans By Class	4,144	3,709
Substandard [Member] | Residential [Member]
Risk Category Of Loans By Class	120	653
Substandard [Member] | Commercial and industrial [Member]
Risk Category Of Loans By Class	666	627
Substandard [Member] | Construction and land [Member]
Risk Category Of Loans By Class	2,737	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 - Aging of the Company's

LOANS - Aging of the Company's Loan Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Total Past Due	$ 9,020	$ 5,836
Current	1,192,281	957,055
PCI Loans	18,601	12,804
Total Loans Receivable	1,219,902	975,695
Recorded Investment > 90 Days and Accruing	597	0
Consumer [Member]
Total Past Due	5	4
Current	6,047	1,843
PCI Loans	0	0
Total Loans Receivable	6,052	1,847
Recorded Investment > 90 Days and Accruing	0	0
Commercial real estate [Member]
Total Past Due	6,182	3,202
Current	880,865	688,005
PCI Loans	15,849	10,776
Total Loans Receivable	902,896	701,983
Recorded Investment > 90 Days and Accruing	597	0
Residential [Member]
Total Past Due	39	150
Current	126,795	100,765
PCI Loans	1,756	1,793
Total Loans Receivable	128,590	102,708
Recorded Investment > 90 Days and Accruing	0	0
Commercial and industrial [Member]
Total Past Due	2,701	2,480
Current	148,385	119,373
PCI Loans	776	2
Total Loans Receivable	151,862	121,855
Recorded Investment > 90 Days and Accruing	0	0
Construction and land [Member]
Total Past Due	93	0
Current	30,189	47,069
PCI Loans	220	233
Total Loans Receivable	30,502	47,302
Recorded Investment > 90 Days and Accruing	0	0
30 to 59 Days Past Due [Member]
Total Past Due	978	2,708
30 to 59 Days Past Due [Member] | Consumer [Member]
Total Past Due	0	0
30 to 59 Days Past Due [Member] | Commercial real estate [Member]
Total Past Due	306	2,345
30 to 59 Days Past Due [Member] | Residential [Member]
Total Past Due	0	93
30 to 59 Days Past Due [Member] | Commercial and industrial [Member]
Total Past Due	579	270
30 to 59 Days Past Due [Member] | Construction and land [Member]
Total Past Due	93	0
60 to 89 Days Past Due [Member]
Total Past Due	4,319	709
60 to 89 Days Past Due [Member] | Consumer [Member]
Total Past Due	5	4
60 to 89 Days Past Due [Member] | Commercial real estate [Member]
Total Past Due	3,916	356
60 to 89 Days Past Due [Member] | Residential [Member]
Total Past Due	39	0
60 to 89 Days Past Due [Member] | Commercial and industrial [Member]
Total Past Due	359	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	3,723	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	1,960	501
Greater than 90 Days Past Due [Member] | Residential [Member]
Total Past Due	0	57
Greater than 90 Days Past Due [Member] | Commercial and industrial [Member]
Total Past Due	1,763	1,861
Greater than 90 Days Past Due [Member] | Construction and land [Member]
Total Past Due	$ 0	$ 0

LOANS - Carrying Amount and Unp

LOANS - Carrying Amount and Unpaid Balance of PCI Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Unpaid Principal Balance	$ 22,689	$ 15,446
Carrying Value	18,601	12,804
Consumer [Member]
Unpaid Principal Balance	0	0
Carrying Value	0	0
Commercial real estate [Member]
Unpaid Principal Balance	18,568	12,605
Carrying Value	15,849	10,776
Residential [Member]
Unpaid Principal Balance	2,340	2,381
Carrying Value	1,756	1,793
Commercial and industrial [Member]
Unpaid Principal Balance	1,462	125
Carrying Value	776	2
Construction and land [Member]
Unpaid Principal Balance	319	335
Carrying Value	$ 220	$ 233

LOANS - Accretable yield on the

LOANS - Accretable yield on the PCI Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
LOANS
Balance at beginning of period	$ 231	$ 353	$ 256	$ 372
Additions	350	0	350	0
Accretion	(24)	(78)	(46)	(97)
Payoffs	0	0	(3)	0
Balance at end of period	$ 557	$ 275	$ 557	$ 275

LOANS - Textual (Details)

LOANS - Textual (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
LOANS
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 3,822		$ 3,822		$ 3,128
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	46	$ 9	86	$ 11
Financing Receivable, Recorded Investment, TDR Portfolio, Amount	1,400		1,400		1,400
Financing Receivable, Modification, TDR Loans, Portfolio, Amount	763,000		763,000
Financing Receivable, TDR Loans, Allowance for Loan Losses	$ 10,000		$ 10,000		$ 10,000

ALLOWANCE FOR LOAN LOSSES (Deta

ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Allowance for loan losses Beginning balance	$ 5,405	$ 4,600	$ 5,140	$ 4,215
Allowance for loan losses Charge-offs	0	(251)	(21)	(251)
Allowance for loan losses Recoveries	30	8	39	139
Allowance for loan losses provision for loan losses	445	243	722	497
Allowance for loan losses Ending balance	5,880	4,600	5,880	4,600
Allowance for loan losses related to: Loans individually evaluated for impairment	19	11	19	11
Allowance for loan losses related to: Loans collectively evaluated for impairment	5,861	4,589	5,861	4,589
Allowance for loan losses related to: PCI loans	0	0	0	0
Commercial and industrial [Member]
Allowance for loan losses Beginning balance	1,135	1,005	1,017	841
Allowance for loan losses Charge-offs	0	(251)	0	(251)
Allowance for loan losses Recoveries	30	8	39	139
Allowance for loan losses provision for loan losses	85	140	194	173
Allowance for loan losses Ending balance	1,250	902	1,250	902
Allowance for loan losses related to: Loans individually evaluated for impairment	19	11	19	11
Allowance for loan losses related to: Loans collectively evaluated for impairment	1,233	891	1,233	891
Allowance for loan losses related to: PCI loans	0	0	0	0
Construction and land [Member]
Allowance for loan losses Beginning balance	340	251	327	199
Allowance for loan losses Charge-offs	0	0	0	0
Allowance for loan losses Recoveries	0	0	0	0
Allowance for loan losses provision for loan losses	(74)	41	(61)	93
Allowance for loan losses Ending balance	266	292	266	292
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	266	292	266	292
Allowance for loan losses related to: PCI loans	0	0	0	0
Commercial real estate [Member]
Allowance for loan losses Beginning balance	3,326	2,782	3,214	2,695
Allowance for loan losses Charge-offs	0	0	(17)	0
Allowance for loan losses Recoveries	0	0	0	0
Allowance for loan losses provision for loan losses	527	179	656	266
Allowance for loan losses Ending balance	3,853	2,961	3,853	2,961
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	3,490	2,961	3,490	2,961
Allowance for loan losses related to: PCI loans	0	0	0	0
Residential [Member]
Allowance for loan losses Beginning balance	235	160	215	150
Allowance for loan losses Charge-offs	0	0	0	0
Allowance for loan losses Recoveries	0	0	0	0
Allowance for loan losses provision for loan losses	(10)	15	10	25
Allowance for loan losses Ending balance	225	175	225	175
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	587	175	587	175
Allowance for loan losses related to: PCI loans	0	0	0	0
Consumer [Member]
Allowance for loan losses Beginning balance	2	0	3	3
Allowance for loan losses Charge-offs	0	0	(4)	0
Allowance for loan losses Recoveries	0	0	0	0
Allowance for loan losses provision for loan losses	0	2	3	(1)
Allowance for loan losses Ending balance	2	2	2	2
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	1	2	1	2
Allowance for loan losses related to: PCI loans	0	0	0	0
Unallocated [Member]
Allowance for loan losses Beginning balance	367	402	364	327
Allowance for loan losses Charge-offs	0	0	0	0
Allowance for loan losses Recoveries	0	0	0	0
Allowance for loan losses provision for loan losses	(83)	(134)	(80)	(59)
Allowance for loan losses Ending balance	284	268	284	268
Allowance for loan losses related to: Loans individually evaluated for impairment	0	0	0	0
Allowance for loan losses related to: Loans collectively evaluated for impairment	284	268	284	268
Allowance for loan losses related to: PCI loans	$ 0	$ 0	$ 0	$ 0

PREMISES AND EQUIPMENT - Premis

PREMISES AND EQUIPMENT - Premises and equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Premises owned	$ 4,571	$ 10,267
Write-down on premises owned		(600)
Premises owned, net	4,571	9,667
Less accumulated depreciation and amortization	(4,184)	(3,988)
Total premises and equipment, net	6,581	11,168
Leasehold Improvements [Member]
Property, Plant and Equipment, Gross	2,178	1,654
Furniture Fixtures and Equipment [Member]
Property, Plant and Equipment, Gross	$ 4,016	$ 3,835

PREMISES AND EQUIPMENT - Lease

PREMISES AND EQUIPMENT - Lease payments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jan. 01, 2019
PREMISES AND EQUIPMENT
2019	$ 1,465
2020	2,759
2021	2,431
2022	1,801
2023	1,299
Thereafter	1,906
Total lease payments	11,661
Less: interest	(863)
Present value of lease liabilities	$ 10,798	$ 8,200

PREMISES AND EQUIPMENT - Weight

PREMISES AND EQUIPMENT - Weighted average operating lease term and discount rate (Details)	Jun. 30, 2019
PREMISES AND EQUIPMENT
Weighted-average remaining lease term	5 years 22 days
Weighted-average discount rate	2.89%

PREMISES AND EQUIPMENT - Additi

PREMISES AND EQUIPMENT - Additional Information (Details)	Mar. 29, 2019USD ($)ft²	Jun. 30, 2019USD ($)	Mar. 31, 2018USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jan. 01, 2019
Depreciation, Depletion and Amortization		$ 261,000	$ 227,000	$ 562,000	$ 458,000
Sale Leaseback Transaction, Net Book Value	$ 4,600,000
Land Subject to Ground Leases | ft²	4,021
Percentage of Leased Land	11.10%
Sale Leaseback Transaction, Deferred Gain, Net		$ 78,000,000		$ 78,000,000
Lessor, Operating Lease, Term of Contract						12 months
Minimum [Member]
Lessor, Operating Lease, Renewal Term		3 years		3 years
Maximum [Member]
Lessor, Operating Lease, Renewal Term		12 years		12 years

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
GOODWILL AND INTANGIBLE ASSETS
Balance at beginning of period	$ 14,594	$ 10,365
Acquired goodwill	11,855	4,229
Impairment	0	0
Balance at end of period	$ 26,449	$ 14,594

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Acquired Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
GOODWILL AND INTANGIBLE ASSETS
Beginning core deposit intangible			$ 7,205	$ 4,772	$ 4,772
Additions			566		3,604
Less amortization	$ (392)	$ (290)	(781)	$ (578)	(1,171)
Ending net core deposit intangible	$ 6,990		$ 6,990		$ 7,205

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Estimated Annual Amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2017
GOODWILL AND INTANGIBLE ASSETS
2019	$ 778
2020	1,441
2021	1,418
2022	1,418
2023	642
Thereafter	1,293
Total	$ 6,990	$ 7,205	$ 4,772

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
GOODWILL AND INTANGIBLE ASSETS
Amortization of Intangible Assets	$ 392	$ 290	$ 781	$ 578	$ 1,171

INTEREST RECEIVABLE AND OTHER_3

INTEREST RECEIVABLE AND OTHER ASSETS (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
INTEREST RECEIVABLE AND OTHER ASSETS
Other Assets	$ 19,581	$ 17,381
Deferred Tax Assets, Net	7,295	5,891
Interest Receivable	4,228	3,676
Investment in statutory trusts	395	395
All other	1,077	2,495
Low Income Housing Partnership	705	607
Prepaid Expense	1,322	2,156
Restricted Investments	2,113	1,347
Servicing Asset	$ 2,446	$ 814

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
DEPOSITS
Demand deposits	$ 538,504	$ 398,045
NOW accounts and savings	248,029	246,288
Money market	385,934	398,081
Time under $250,000	189,842	117,653
Time $250,000 and over	143,073	97,701
Total deposits	$ 1,505,382	$ 1,257,768

INTEREST PAYABLE AND OTHER LI_3

INTEREST PAYABLE AND OTHER LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
INTEREST PAYABLE AND OTHER LIABILITIES
Accrued expenses	$ 5,448	$ 5,508
Deferred rents	0	528
CDARS Deferred Fees	434	494
Accounts payable	1,044	811
Reserve for unfunded commitments	375	330
Accrued interest payable	1,453	198
Miscellaneous other liabilities	484	506
Total	$ 9,238	$ 8,375

OTHER EXPENSES (Details)

OTHER EXPENSES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
OTHER EXPENSES
Professional fees	$ 867	$ 557	$ 1,264	$ 898
Core deposit premium amortization	392	290	781	578	$ 1,171
Marketing and promotions	396	248	606	459
Stationary and supplies	161	91	298	215
Insurance (including FDIC premiums)	159	107	315	265
Communication and postage	112	109	207	222
Loan default related expense	119	3	150	44
Director fees	375	72	496	131
Bank service charges	19	18	31	47
Courier expense	117	110	231	227
Write-down on premises	0	600	0	600
Other expenses	133	21	222	66
Total	$ 2,850	$ 2,226	$ 4,601	$ 3,752

EQUITY INCENTIVE PLANS - Restri

EQUITY INCENTIVE PLANS - Restricted Stock Grant Activity (Details) - $ / shares shares in Thousands	3 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018
EQUITY INCENTIVE PLANS
Shares Non-vested	134,036	131,000	74,007	67,481
Shares Granted	45,696	22,289	78,148	15,232
Shares Vested	(36,582)	(19,253)	0	(8,706)
Shares Non-vested	143,150	134,036	152,155	74,007
Weighted-Average Grant Date Fair Value Non-vested	$ 20.76	$ 19.18	$ 14.60	$ 13.51
Weighted-Average Grant Date Fair Value Granted	24.60	22.38	22	19.45
Weighted-Average Grant Date Fair Value Vested	19.55	19.51	0	13.40
Weighted-Average Grant Date Fair Value Non-vested	$ 21.63	$ 20.76	$ 19.05	$ 14.60

EQUITY INCENTIVE PLANS - Additi

EQUITY INCENTIVE PLANS - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			148,962
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 2,600,000		$ 2,600,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	450,000		450,000
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			10 years
Restricted Stock [Member] | Non-employee directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			1 year
Restricted Stock [Member] | Minimum [Member] | Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
Restricted Stock [Member] | Maximum [Member] | Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			5 years
2017 Omnibus Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			161,365
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	$ 320,000	$ 308,000	$ 440,000	$ 454,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years
2014 Omnibus Equity Incentive Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			1 year
2014 Omnibus Equity Incentive Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			5 years

FAIR VALUE MEASUREMENT - Financ

FAIR VALUE MEASUREMENT - Financial Instruments Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets, Fair Value Disclosure	$ 100,271	$ 99,796
Corporate Bonds [Member]
Assets, Fair Value Disclosure	10,171	4,717
U.S. Treasuries [Member]
Assets, Fair Value Disclosure	996	985
U.S. Government Agencies [Member]
Assets, Fair Value Disclosure	13,587	13,765
Mortgage backed securities [Member]
Assets, Fair Value Disclosure	29,646	49,602
Collateralized mortgage obligations [Member]
Assets, Fair Value Disclosure	24,166	6,983
SBA securities [Member]
Assets, Fair Value Disclosure	4,241	4,241
Municipal securities [Member]
Assets, Fair Value Disclosure	17,464	19,503
Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure	996	985
Fair Value, Inputs, Level 1 [Member] | Corporate Bonds [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | U.S. Treasuries [Member]
Assets, Fair Value Disclosure	996	985
Fair Value, Inputs, Level 1 [Member] | U.S. Government Agencies [Member]
Assets, Fair Value Disclosure	0	0
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] | 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	99,275	98,811
Fair Value, Inputs, Level 2 [Member] | Corporate Bonds [Member]
Assets, Fair Value Disclosure	10,171	4,717
Fair Value, Inputs, Level 2 [Member] | U.S. Treasuries [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] | U.S. Government Agencies [Member]
Assets, Fair Value Disclosure	13,587	13,765
Fair Value, Inputs, Level 2 [Member] | Mortgage backed securities [Member]
Assets, Fair Value Disclosure	29,646	49,602
Fair Value, Inputs, Level 2 [Member] | Collateralized mortgage obligations [Member]
Assets, Fair Value Disclosure	24,166	6,983
Fair Value, Inputs, Level 2 [Member] | SBA securities [Member]
Assets, Fair Value Disclosure	4,241	4,241
Fair Value, Inputs, Level 2 [Member] | Municipal securities [Member]
Assets, Fair Value Disclosure	17,464	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] | U.S. Treasuries [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] | 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] | 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 - Impair

FAIR VALUE MEASUREMENT - Impaired Loans Measured at Fair Value on a Non-Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
OREO	$ 627	$ 801
Fair Value, Measurements, Nonrecurring [Member]
Impaired Loan on Assets Measured at Fair Value	763	750
Nonperforming impaired loans	3,822	3,128
OREO	627	801
Total assets measured at fair value	5,212	4,679
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Impaired Loan on Assets Measured at Fair Value	0	0
Nonperforming impaired loans	0	0
OREO	0	0
Total assets measured at fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Impaired Loan on Assets Measured at Fair Value	0	0
Nonperforming impaired loans	0	0
OREO	0	0
Total assets measured at fair value	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Impaired Loan on Assets Measured at Fair Value	763	750
Nonperforming impaired loans	3,822	3,128
OREO	627	801
Total assets measured at fair value	$ 5,212	$ 4,679

FAIR VALUE MEASUREMENT - Estima

FAIR VALUE MEASUREMENT - Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017
Financial assets:
Cash and cash equivalents	$ 351,594	$ 323,581	$ 318,267	$ 249,853
Interest bearing deposits with financial institutions	3,232	3,980
Investment securities available for sale	100,271	99,796
Loans held for sale	1,016	855
Loans, net	1,213,527	970,189
Other equity securities		9,243
Accrued interest receivable	4,228	3,676
Cash and cash equivalents, Fair value	351,594	323,581
Interest bearing deposits with financial institutions, Fair value	3,232	3,980
Investment securities available for sale, Fair value	100,271	99,796
Loans held for sale, Fair value	1,016	855
Loans, net, Fair value	1,213,527	967,882
Other equity securities, Fair value	11,343	9,243
Accrued interest receivable, Fair value	4,228	3,676
Financial liabilities:
Deposits	1,505,382	1,257,768
Junior subordinated debt	8,201	8,161
Accrued interest payable	1,453	198
Deposits, Fair value	1,505,382	1,259,045
Subordinated Debentures, Fair value	8,201	6,824
Accrued interest payable, Fair value	1,453	198
Off-balance-sheet liabilities:
Undisbursed loan commitments, lines of credit, standby letters of credit	121,438	101,076
Undisbursed loan commitments, lines of credit, standby letters of credit, Fair value	121,063	100,746
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Loans held for sale	0	0
Loans, net	0	0
Other equity securities		9,243
Cash and cash equivalents, Fair value	351,594	323,581
Interest bearing deposits with financial institutions, Fair value	3,232	3,980
Investment securities available for sale, Fair value	996	985
Other equity securities, Fair value	11,343
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:
Loans held for sale	1,016	855
Loans, net	0	0
Other equity securities		0
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	99,275	98,811
Other equity securities, Fair value	0
Accrued interest receivable, Fair value	4,228	3,676
Financial liabilities:
Deposits, Fair value	1,505,382	1,259,045
Subordinated Debentures, Fair value	0	0
Accrued interest payable, Fair value	1,453	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:
Loans held for sale	0	0
Loans, net	1,213,527	967,882
Other equity securities		0
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
Accrued interest receivable, Fair value	0	0
Financial liabilities:
Deposits, Fair value	0	0
Subordinated Debentures, Fair value	8,201	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	$ 121,063	$ 100,746

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Loss Contingencies [Line Items]
Loans and Leases Receivable, Loans in Process	$ 120,700,000	$ 99,200,000
Guarantor Obligations, Maximum Exposure, Undiscounted	769,000	1,800,000
Advances from Federal Home Loan Banks	1,000,000	11,500,000
Deposits	1,505,382,000	1,257,768,000
Customer Concentration Risk [Member]
Loss Contingencies [Line Items]
Deposits	129,800,000	148,600,000
Interest Payable And Other Liabilities [Member]
Loss Contingencies [Line Items]
Loss Contingency Accrual	$ 375,000	$ 330,000
Deposit [Member]
Loss Contingencies [Line Items]
Concentration Risk, Percentage	8.60%	11.50%
Low Income Housing Tax Credit Partnerships [Member]
Loss Contingencies [Line Items]
Loans and Leases Receivable, Loans in Process	$ 3,600,000	$ 3,800,000
Small Business Investment Company [Member]
Loss Contingencies [Line Items]
Loans and Leases Receivable, Loans in Process	$ 473,000	$ 976,000