Bank First (BFC) 10-Q9 Aug 232023 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2023	Aug. 09, 2023
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	001-38676
Entity Registrant Name	Bank First Corp
Entity Incorporation, State or Country Code	WI
Entity Tax Identification Number	39-1435359
Entity Address, Address Line One	402 North 8th Street
Entity Address, City or Town	Manitowoc
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	54220
City Area Code	920
Local Phone Number	652-3100
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	BFC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		10,389,859
Entity Central Index Key	0001746109
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 50,113	$ 51,524
Interest-bearing deposits	61,213	67,827
Cash and cash equivalents	111,326	119,351
Securities held to maturity, at amortized cost ($76,118 and $43,770 fair value at June 30, 2023 and December 31, 2022, respectively)	77,708	45,097
Securities available for sale, at fair value ($211,767 and $325,960 amortized cost at June 30, 2023 and December 31, 2022, respectively)	191,303	304,637
Loans held for sale	1,560	648
Loans	3,314,481	2,893,978
Allowance for credit losses - loans ("ACL-Loans")	(43,409)	(22,680)
Loans, net	3,271,072	2,871,298
Premises and equipment, net	66,958	56,448
Goodwill	175,104	110,206
Other investments	21,521	16,495
Cash value of life insurance	60,489	46,050
Core deposit intangibles, net	30,225	16,829
Mortgage servicing rights ("MSR")	13,504	9,582
Other real estate owned ("OREO")	2,239	2,520
Investment in minority-owned subsidiaries	45,415	44,180
Other assets	23,647	17,091
TOTAL ASSETS	4,092,071	3,660,432
Deposits:
Interest-bearing deposits	2,321,893	2,126,137
Noninterest-bearing deposits	1,083,843	934,092
Total deposits	3,405,736	3,060,229
Securities sold under repurchase agreements	23,802	97,196
Notes payable	35,825	1,929
Subordinated notes	23,500	23,500
Junior subordinated notes	10,944
Other liabilities	21,392	24,475
Total liabilities	3,521,199	3,207,329
Stockholders' equity:
Serial preferred stock - $0.01 par value; Authorized - 5,000,000 shares
Common stock - $0.01 par value; Authorized - 20,000,000 shares; Issued - 11,515,130 and 10,064,858 shares as of June 30, 2023 and December 31, 2022, respectively; Outstanding - 10,389,240 and 9,021,697 shares as of June 30, 2023 and December 31, 2022, respectively	115	101
Additional paid-in capital	332,718	218,263
Retained earnings	304,525	295,496
Treasury stock, at cost - 1,125,890 and 1,043,161 shares as of June 30, 2023 and December 31, 2022, respectively	(51,548)	(45,191)
Accumulated other comprehensive loss	(14,938)	(15,566)
Total stockholders' equity	570,872	453,103
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 4,092,071	$ 3,660,432

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Consolidated Balance Sheets
Securities held to maturity	$ 76,118	$ 43,770
Securities available for sale, amortized cost	$ 211,767	$ 325,960
Serial preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Serial preferred stock, shares authorized	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	11,515,130	10,064,858
Common stock, shares outstanding	10,389,240	9,021,697
Treasury stock, shares	1,125,890	1,043,161

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Interest income:
Loans, including fees	$ 42,665	$ 23,472	$ 80,756	$ 45,778
Securities:
Taxable	1,946	1,388	4,021	2,676
Tax-exempt	243	437	546	886
Other	1,075	523	1,508	700
Total interest income	45,929	25,820	86,831	50,040
Interest expense:
Deposits	10,084	1,741	17,534	3,302
Securities sold under repurchase agreements	570	2	1,131	5
Borrowed funds	1,003	597	1,660	963
Total interest expense	11,657	2,340	20,325	4,270
Net interest income	34,272	23,480	66,506	45,770
Provision for credit losses		500	4,182	1,700
Net interest income after provision for credit losses	34,272	22,980	62,324	44,070
Noninterest income:
Service charges	1,766	1,441	3,365	2,863
Income from Ansay and Associates, LLC ("Ansay")	950	819	2,021	1,645
Income from UFS, LLC ("UFS")	770	563	1,660	1,268
Loan servicing income	749	448	1,385	886
Valuation adjustment on MSR	(548)	1,511	231	1,961
Net gain on sales of mortgage loans	236	403	376	1,074
Net gain (loss) on sales and valuations of OREO	(489)	(25)	(489)	146
Other	631	391	1,365	942
Total noninterest income	4,065	5,551	9,914	10,785
Noninterest expense:
Salaries, commissions, and employee benefits	9,870	7,006	19,782	14,181
Occupancy	1,317	1,214	2,908	2,329
Data processing	2,094	1,431	3,958	2,776
Postage, stationery, and supplies	224	144	604	327
Net loss on sale of securities			75
Advertising	85	55	166	144
Charitable contributions	228	235	451	403
Outside service fees	1,347	1,386	3,549	2,558
Amortization of intangibles	1,672	294	3,094	587
Other	2,620	1,454	4,534	2,645
Total noninterest expense	19,457	13,219	39,121	25,950
Income before provision for income taxes	18,880	15,312	33,117	28,905
Provision for income taxes	4,748	3,658	8,305	7,068
Net Income	$ 14,132	$ 11,654	$ 24,812	$ 21,837
Earnings per share - basic	$ 1.37	$ 1.55	$ 2.46	$ 2.89
Earnings per share - diluted	$ 1.37	$ 1.55	$ 2.46	$ 2.89

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Consolidated Statements of Comprehensive Income
Net income	$ 14,132	$ 11,654	$ 24,812	$ 21,837
Unrealized gains (losses) on available for sale securities:
Unrealized holding gains (losses) arising during period	(2,441)	(10,193)	785	(21,424)
Amortization of unrealized holding gains on securities transferred from available for sale to held to maturity				(1)
Reclassification adjustment for losses included in net income			75
Income tax (expense) benefit	659	2,752	(232)	5,785
Total other comprehensive (loss) income	(1,782)	(7,441)	628	(15,640)
Comprehensive income	$ 12,350	$ 4,213	$ 25,440	$ 6,197

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Retained Earnings Adoption of new accounting pronouncement	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)	Adoption of new accounting pronouncement	Total
Balance at Dec. 31, 2021	$ 85	$ 93,149		$ 258,104	$ (32,294)	$ 3,609		$ 322,653
Net income				10,183				10,183
Other comprehensive income (loss)						(8,199)		(8,199)
Purchase of treasury stock					(5,018)			(5,018)
Sale of treasury stock					37			37
Cash dividends on common stock				(1,673)				(1,673)
Amortization of stock-based compensation		320						320
Vesting of restricted stock awards		(1,303)			1,303
Balance at Mar. 31, 2022	85	92,166		266,614	(35,972)	(4,590)		318,303
Balance at Dec. 31, 2021	85	93,149		258,104	(32,294)	3,609		322,653
Net income								21,837
Balance at Jun. 30, 2022	85	92,613		276,630	(43,135)	(12,031)		314,162
Balance at Mar. 31, 2022	85	92,166		266,614	(35,972)	(4,590)		318,303
Net income				11,654				11,654
Other comprehensive income (loss)						(7,441)		(7,441)
Purchase of treasury stock					(7,186)			(7,186)
Sale of treasury stock					23			23
Cash dividends on common stock				(1,638)				(1,638)
Amortization of stock-based compensation		447						447
Balance at Jun. 30, 2022	85	92,613		276,630	(43,135)	(12,031)		314,162
Balance at Dec. 31, 2022	101	218,263	$ (10,050)	295,496	(45,191)	(15,566)	$ (10,050)	453,103
Net income				10,680				10,680
Other comprehensive income (loss)						2,410		2,410
Purchase of treasury stock					(6,727)			(6,727)
Sale of treasury stock					37			37
Cash dividends on common stock				(2,616)				(2,616)
Amortization of stock-based compensation		456						456
Vesting of restricted stock awards		(1,585)			1,585
Shares issued in the acquisition of Hometown Bancorp, Ltd. (1,450,272 shares)	14	115,065						115,079
Balance at Mar. 31, 2023	115	332,199		293,510	(50,296)	(13,156)		562,372
Balance at Dec. 31, 2022	101	218,263	$ (10,050)	295,496	(45,191)	(15,566)	$ (10,050)	453,103
Net income								24,812
Shares issued in the acquisition of Hometown Bancorp, Ltd. (1,450,272 shares)								115,079
Balance at Jun. 30, 2023	115	332,718		304,525	(51,548)	(14,938)		570,872
Balance at Mar. 31, 2023	115	332,199		293,510	(50,296)	(13,156)		562,372
Net income				14,132				14,132
Other comprehensive income (loss)						(1,782)		(1,782)
Purchase of treasury stock					(1,341)			(1,341)
Sale of treasury stock					44			44
Cash dividends on common stock				(3,117)				(3,117)
Amortization of stock-based compensation		564						564
Vesting of restricted stock awards		(45)			45
Balance at Jun. 30, 2023	$ 115	$ 332,718		$ 304,525	$ (51,548)	$ (14,938)		$ 570,872

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Cash dividends, per share	$ 0.30	$ 0.25	$ 0.22	$ 0.22
Hometown Bancorp, Ltd.
Shares issued in the acquisition of Hometown Bancshares, Inc (in shares)		1,450,272

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Cash flows from operating activities:
Net income				$ 24,812	$ 21,837
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses			$ 500	4,182	1,700	$ 2,200
Depreciation and amortization of premises and equipment				1,017	798
Amortization of intangibles	$ 1,672		294	3,094	587
Net amortization (accretion) of securities				(1,017)	291
Amortization of stock-based compensation				1,020	767
Accretion of purchase accounting valuations				(4,380)	(566)
Net change in deferred loan fees and costs				(1,159)	(890)
Change in fair value of MSR and other investments				(358)	(2,137)
Net loss (gain) on sale of OREO and valuation allowance	489		25	489	(146)
Proceeds from sales of mortgage loans				33,531	58,572
Originations of mortgage loans held for sale				(34,067)	(57,454)
Gain on sales of mortgage loans	(236)		(403)	(376)	(1,074)
Realized loss on sale of securities				75
Net earnings on life insurance				(731)	(378)
Decrease (increase) in other assets				(2,617)	877
Decrease in other liabilities				(4,671)	(9,798)
Net cash provided by operating activities				15,163	10,073
Activity in securities available for sale and held to maturity:
Sales				34,197
Maturities, prepayments, and calls				116,568	7,891
Purchases					(137,299)
Net increase in loans				(12,437)	(150,307)
Proceeds from sale of OREO				1,485	320
Proceeds from sales of other investments					13
Net sales (purchases) of Federal Home Loan Bank ("FHLB") stock				262	(10,397)
Net purchases of Federal Reserve Bank ("FRB") stock				(3,970)
Purchases of premises and equipment				(6,752)	(1,945)
Net cash received in business combination				89,959
Net cash provided by (used in) investing activities				221,759	(289,576)
Cash flows from financing activities, net of effects of business combination:
Net increase (decrease) in deposits				(187,026)	73,330
Net decrease in securities sold under repurchase agreements				(73,394)	(24,997)
Proceeds from advances of notes payable				121,700	3,021,000
Repayment of notes payable				(92,507)	(3,027,250)
Dividends paid				(5,733)	(3,311)
Proceeds from sales of common stock				81	98
Repurchase of common stock				(8,068)	(12,242)
Net cash provided by (used in) financing activities				(244,947)	26,628
Net decrease in cash and cash equivalents				(8,025)	(252,875)
Cash and cash equivalents at beginning of period		$ 119,351		119,351	296,860	296,860
Cash and cash equivalents at end of period	111,326		$ 43,985	111,326	43,985	$ 119,351
Cash paid during the period for:
Interest				17,546	4,299
Income taxes				8,606	6,335
Supplemental schedule of noncash activities:
MSR resulting from sale of loans				389	269
Amortization of unrealized holding gains on securities transferred from available for sale to held to maturity recognized in other comprehensive income, net of tax					(1)
Change in unrealized gains and losses on investment securities available for sale, net of tax				628	(15,639)
Acquisition:
Fair value of assets acquired	615,105			615,105
Fair value of liabilities assumed	549,564			549,564
Excess of assets acquired over liabilities assumed	$ 65,541			65,541
Common stock issued in acquisition		$ 115,079		115,079
Joint Venture \| UFS
Adjustments to reconcile net income to net cash provided by operating activities:
Undistributed income of joint venture				(1,660)	(1,268)
Activity in securities available for sale and held to maturity:
Dividends received				1,457	1,239
Joint Venture \| Ansay
Adjustments to reconcile net income to net cash provided by operating activities:
Undistributed income of joint venture				(2,021)	(1,645)
Activity in securities available for sale and held to maturity:
Dividends received				$ 990	$ 909

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
BASIS OF PRESENTATION	Jun. 30, 2023
BASIS OF PRESENTATION
BASIS OF PRESENTATION	NOTE 1 – BASIS OF PRESENTATION Bank First Corporation (the “Company”) provides a variety of financial services to individual and corporate customers through its wholly-owned subsidiary, Bank First, N.A. (the “Bank”). The Bank operates as a full-service financial institution with a primary market area including, but not limited to, the counties in which the Bank’s branches are located. The Bank has twenty-eight locations located in Manitowoc, Outagamie, Brown, Winnebago, Sheboygan, Shawano, Waupaca, Ozaukee, Monroe, Fond du Lac, Waushara, Columbia and Jefferson counties in Wisconsin. The Company and Bank are subject to the regulations of certain federal agencies and undergo periodic examinations by those regulatory authorities. These interim unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain information and footnote disclosures required by GAAP have been omitted or abbreviated. These unaudited consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 (“Annual Report”). The unaudited consolidated financial statements include all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods. The results for interim periods are not necessarily indicative of results for a full year. Critical Accounting Policies and Estimates Preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. These estimates are based on management’s best knowledge of current events and actions the Company may undertake in the future. Estimates are used in accounting for, among other items, the allowance for credit losses on securities and loans, valuation of loans in acquisition transactions, valuation of mortgage servicing rights, useful lives for depreciation and amortization, fair value of financial instruments, valuation of deferred tax assets, uncertain income tax positions and contingencies. Estimates that are particularly susceptible to significant change for the Company include the determination of the allowance for credit losses, the determination of the valuation of mortgage servicing rights, the determination and assessment of deferred tax assets and liabilities, and the valuation of loans acquired in acquisition transactions; therefore, these are critical accounting policies. Factors that may cause sensitivity to the aforementioned estimates include but are not limited to: external market factors such as market interest rates and employment rates, changes to operating policies and procedures, changes in applicable banking or tax regulations, and changes to deferred tax estimates. Actual results may ultimately differ from estimates, although management does not generally believe such differences would materially affect the consolidated financial statements in any individual reporting period presented. There have been no material changes or developments with respect to the assumptions or methodologies that the Company uses when applying what management believes are critical accounting policies and developing critical accounting estimates as previously disclosed in the Company’s Annual Report, other than what is disclosed in “Updates to Significant Accounting Policies” noted below. Updates to Significant Accounting Policies On January 1, 2023, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses The Company adopted ASU 2016-13 using the prospective transition approach for financial assets considered purchased credit deteriorated (“PCD”) that were previously classified as purchase credit impaired (“PCI”). The amortized cost of the PCD assets were adjusted to reflect the addition of $0.3 million to the allowance for credit losses. The remaining noncredit discount (based on the adjusted amortized cost) will be accreted into interest income at the effective interest rate over the remaining life of the assets. The following table presents the changes in the allowance for credit losses required as a result of this adoption: January 1, 2023 As December 31, 2022 Reported After ASU Pre-ASU 2016-13 Impact of Allowance for Credit Losses 2016-13 Adoption Adoption 2016-13 Adoption Assets Loans held for investments Commercial/industrial $ 5,930 $ 4,071 $ 1,859 Commercial real estate - owner occupied 7,186 5,204 1,982 Commercial real estate - non-owner occupied 7,319 5,405 1,914 Construction and development 3,655 1,592 2,063 Residential 1-4 family 8,511 5,944 2,567 Consumer 934 314 620 Other 117 150 (33) Loans held for investments, total 33,652 22,680 10,972 Liabilities Unfunded commitments 3,264 - 3,264 Total $ 36,916 $ 22,680 $ 14,236 As a result of adopting ASU 2016-13, certain of the Company’s accounting policies were updated as follows: Securities: The net carrying value of debt securities classified as held to maturity or available for sale is adjusted for amortization of premiums and accretion of discounts utilizing the effective interest method over the expected estimated maturity. Such amortization and accretion is included as an adjustment to interest income from securities. Interest and dividends are included in interest income from securities. Transfers of debt securities into the held to maturity classification from the available for sale classification are made at fair value as of the date of transfer. The unrealized holding gain or loss as of the date of transfer is retained in other comprehensive income and in the carrying value of the held to maturity securities, establishing the amortized cost of the security. These unrealized holding gains and losses as of the date of transfer are amortized or accreted over the remaining life of the security. Realized gains or losses, determined on the basis of the cost of specific securities sold, are included in earnings. Prior to January 1, 2023, unrealized gains or losses considered temporary and the noncredit portion of unrealized losses deemed other-than-temporary were reported as an increase or decrease in accumulated other comprehensive income. The credit related portion of unrealized losses deemed other-than-temporary were recorded in current period earnings. Subsequent to January 1, 2023, the Bank evaluates securities for potential credit losses at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. As part of such monitoring, the credit quality of individual securities and their issuers are assessed. If, based on information available such as the decline in the credit worthiness of the issuer, external market ratings or the anticipated or realized elimination of associated dividends, potential credit losses are identified on securities an allowance for credit losses would be established. Loans and Related Interest Income – Originated : Interest income is accrued on the unpaid principal balance using the simple interest method. The accrual of interest income on loans is discontinued when, in the opinion of management, there is reasonable doubt as to the borrower’s ability to meet payment of interest or principal when due. Loans are generally placed on nonaccrual status when contractually past due 90 days or more as to interest or principal, though may be placed in such status earlier. Loans past due 90 days or more may continue on accrual only when they are well secured and/or in process of collection or renewal. When interest accrual is discontinued, all previously accrued but uncollected interest is reversed against current period interest income. Except in very limited circumstances, cash collections on nonaccrual loans are credited to the loan receivable balance and no interest income is recognized on those loans until the principal balance is paid in full. Accrual of interest may be resumed when the customer is current on all principal and interest payments and has been paying on a timely basis for a sustained period of time. See Note 5 for additional information and disclosures on loans. Loans and Related Interest Income – Acquired: Prior to January 1, 2023, as described in further detail in the Company’s Annual Report, the Company initially classified acquired loans as either PCI loans (i.e., loans that reflect credit deterioration since origination and it is probable at acquisition that the Company will be unable to collect all contractually required payments) or purchased non-impaired loans (i.e., “performing acquired loans”). The Company estimated the fair value of PCI loans based on the amount and timing of expected principal, interest and other cash flows for each loan. The excess of the loan’s contractual principal and interest payments over all cash flows expected to be collected at acquisition was considered an amount that should not be accreted. These credit discounts (“nonaccretable marks”) were included in the determination of the initial fair value for acquired loans; therefore, no allowance for credit losses was recorded at the acquisition date. Differences between the estimated fair values and expected cash flows of acquired loans at the acquisition date that were not credit-based (“accretable marks”) were subsequently accreted to interest income over the estimated life of the loans. Subsequent to the acquisition date for PCI loans, increases in cash flows over those expected at the acquisition date resulted in a move of the discount from nonaccretable to accretable, while decreases in expected cash flows after the acquisition date were recognized through the provision for credit losses. Subsequent to January 1, 2023, acquired loans that have evidence of more-than-insignificant deterioration in credit quality since origination are considered PCD loans. At acquisition, an estimate of expected credit losses is made for PCD loans. This initial allowance for credit losses is allocated to individual PCD loans and added to the purchase price or acquisition date fair value to establish the initial amortized cost basis of the PCD loans. Any difference between the unpaid principal balance of PCD loans and the amortized cost basis is considered to relate to noncredit factors, resulting in a discount or premium that is amortized to interest income. For acquired loans not deemed PCD loans at acquisition, the difference between the initial fair value mark and the unpaid principal balance are recognized in interest income over the estimated life of the loans. In addition, an initial allowance for expected credit losses is estimated and recorded as provision expense at the acquisition date. The subsequent measurement of expected credit losses for all acquired loans is the same as the subsequent measurement of expected credit losses for originated loans. See Note 5 for additional information and disclosures on loans. Allowance for Credit Losses - Loans: Prior to January 1, 2023, as described in further detail in the Company’s Annual Report, the Company used an incurred loss impairment model. This methodology assessed the overall appropriateness of the allowance for credit losses and included allocations for specifically identified impaired loans and loss factors for all remaining loans, with a component primarily based on historical loss rates and another component primarily based on other qualitative factors. Impaired loans were individually assessed and measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price or the fair value of the collateral if the loan was collateral dependent. Loans that were determined not to be impaired were collectively evaluated for impairment, stratified by type and allocated loss ranges based on the Company’s actual historical loss ratios for each strata, and adjustments were also provided for certain environmental and other qualitative factors. Subsequent to January 1, 2023, the Company uses a current expected loss model (“CECL”). This methodology also considers historical loss rates and other qualitative adjustments, as well as a new forward-looking component that considers reasonable and supportable forecasts over the expected life of each loan. To develop the ACL-Loans estimate under the current expected loss model, the Company segments the loan portfolio into loan pools based on loan type and similar credit risk elements; performs an individual evaluation of PCD loans; calculates the historical loss rates for the segmented loan pools; applies the loss rates over the calculated life of the pooled loans; adjusts for forecasted macro-level economic conditions; and determines qualitative adjustments based on factors and conditions unique to the Bank's portfolio. The Company further individually evaluates certain impaired loans based on the amount and timing of estimated future cash flows and collateral values and establishes specific reserves when these estimated future cash flows or collateral values do not justify the carrying value of the loan. Allowance for Credit Losses - Unfunded Commitments : Other Recently Implemented Accounting Standards In March 2022, the FASB issued ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings (“TDRs”) and Vintage Disclosures Recently Issued Not Yet Effective Accounting Standards In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. Reference rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848,

ACQUISITIONS

ACQUISITIONS	6 Months Ended
ACQUISITIONS	Jun. 30, 2023
ACQUISITIONS
ACQUISITIONS	NOTE 2 – ACQUISITIONS On February 10, 2023, the Company completed a merger with Hometown Bancorp, Ltd. (“Hometown”), a bank holding company headquartered in Fond du Lac, Wisconsin, pursuant to the Agreement and Plan of Bank Merger (“Merger Agreement”), dated as of July 25, 2022 by and among the Company and Hometown, whereby Hometown merged with and into the Company, and Hometown Bank, Hometown’s wholly-owned banking subsidiary, merged with and into the Bank. Hometown’s principal activity was the ownership and operation of Hometown Bank, a state-chartered banking institution that operated ten (10) branches in Wisconsin at the time of closing. The merger consideration totaled approximately $130.5 million. Pursuant to the terms of the Merger Agreement, Hometown shareholders could elect to receive either 0.3962 shares of the Company’s common stock or $29.16 in cash for each outstanding share of Hometown common stock, subject to a maximum of 30% cash consideration in total, with cash paid in lieu of any remaining fractional share. Company stock issued totaled 1,450,272 shares valued at approximately $115.1 million, with cash of $15.4 million comprising the remainder of merger consideration. The fair value of the assets acquired and liabilities assumed on February 10, 2023 was as follows: As Recorded by Fair Value As Recorded by Hometown Adjustments the Company Cash, cash equivalents and securities $ 174,582 $ (1,010) $ 173,572 Other investments 1,195 — 1,195 Loans, net 406,168 (10,367) 395,801 Premises and equipment, net 7,577 (1,109) 6,468 Core deposit intangible 405 16,085 16,490 Other assets 28,011 (6,432) 21,579 Total assets acquired $ 617,938 $ (2,833) $ 615,105 Deposits $ 532,165 $ 209 $ 532,374 Other borrowings 5,000 (331) 4,669 Junior subordinated debentures 12,372 (1,464) 10,908 Other liabilities 469 1,144 1,613 Total liabilities assumed $ 550,006 $ (442) $ 549,564 Excess of assets acquired over liabilities assumed $ 67,932 $ (2,391) $ 65,541 Less: purchase price 130,452 Goodwill 64,911 Refinement to fair value estimates (1) (21) Goodwill (after refinement) $ 64,890 (1) Refinement consists of adjustments to the initial fair value estimates of other assets and liabilities. The Company purchased loans through the acquisition of Hometown for which there was, at the date of acquisition, more than insignificant deterioration of credit quality since origination (PCD Loans). The carrying amount of these loans at acquisition was as follows: February 10, 2023 Purchase price of PCD loans at acquisition $ 30,276 Allowance for credit losses on PCD loans at acquisition 5,534 Par value of PCD acquired loans at acquisition $ 35,810 The Company accounted for this transaction under the acquisition method of accounting, and thus, the financial position and results of operations of Hometown prior to the consummation date was not included in the accompanying consolidated financial statements. The accounting required assets purchased and liabilities assumed to be recorded at their respective fair values at the date of acquisition. The Company determined the fair value of core deposit intangibles, securities, premises and equipment, loans, other assets and liabilities and deposits with the assistance of third-party valuations, appraisals and third-party advisors. The estimated fair values will be subject to refinement for up to one year after deal consummation as additional information becomes available relative to the closing date fair values. For more information concerning the Company’s acquisitions, see “Note 2 – Acquisition” in the Company’s audited consolidated financial statements included in the Company’s Annual Report.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
EARNINGS PER SHARE	Jun. 30, 2023
EARNINGS PER SHARE
EARNINGS PER SHARE	NOTE 3 – EARNINGS PER SHARE The two-class method is used in the calculation of basic and diluted earnings per share. Under the two-class method, earnings available to common shareholders for the period are allocated between common shareholders and participating securities according to dividends declared (or accumulated) and participation rights in undistributed earnings. There were no anti-dilutive stock options for the six months ended June 30, 2023 or 2022. The following table presents the factors used in the earnings per share computations for the period indicated: Three Months Ended June 30, Six Months Ended June 30, (in thousands, except per share data) 2023 2022 2023 2022 Basic Net income available to common shareholders $ 14,132 $ 11,654 $ 24,812 $ 21,837 Less: Earnings allocated to participating securities (80) (93) (144) (172) Net income allocated to common shareholders $ 14,052 $ 11,561 $ 24,668 $ 21,665 Weighted average common shares outstanding including participating securities 10,389,790 7,516,892 10,083,026 7,557,909 Less: Participating securities (1) (58,065) (59,449) (58,467) (59,170) Average shares 10,331,725 7,457,443 10,024,559 7,498,739 Basic earnings per common shares $ 1.37 $ 1.55 $ 2.46 $ 2.89 Diluted Net income available to common shareholders $ 14,132 $ 11,654 $ 24,812 $ 21,837 Weighted average common shares outstanding for basic earnings per common share 10,331,725 7,457,443 10,024,559 7,498,739 Add: Dilutive effects of stock based compensation awards 14,850 15,118 22,728 19,027 Average shares and dilutive potential common shares 10,346,575 7,472,561 10,047,287 7,517,766 Diluted earnings per common share $ 1.37 $ 1.55 $ 2.46 $ 2.89 (1) Participating securities are restricted stock awards whereby the stock certificates have been issued, are included in outstanding shares, receive dividends and can be voted, but have not vested.

SECURITIES

SECURITIES	6 Months Ended
SECURITIES	Jun. 30, 2023
SECURITIES
SECURITIES	NOTE 4 – SECURITIES The following is a summary of available for sale securities: Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value June 30, 2023 U.S. Treasury securities $ 49,647 $ — $ (6,580) $ 43,067 Obligations of U.S. Government sponsored agencies 32,784 3 (3,411) 29,376 Obligations of states and political subdivisions 63,958 21 (6,474) 57,505 Mortgage-backed securities 43,430 25 (1,982) 41,473 Corporate notes 20,955 — (2,050) 18,905 Certificates of deposit 993 — (16) 977 Total available for sale securities $ 211,767 $ 49 $ (20,513) $ 191,303 December 31, 2022 U.S. Treasury securities $ 149,614 $ — $ (7,517) $ 142,097 Obligations of U.S. Government sponsored agencies 24,935 — (3,186) 21,749 Obligations of states and political subdivisions 90,701 88 (7,603) 83,186 Mortgage-backed securities 38,701 — (2,064) 36,637 Corporate notes 21,005 381 (1,392) 19,994 Certificates of deposit 1,004 — (30) 974 Total available for sale securities $ 325,960 $ 469 $ (21,792) $ 304,637 The following is a summary of held to maturity securities: Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value June 30, 2023 U.S. Treasury securities $ 73,556 $ 122 $ (1,711) $ 71,967 Obligations of states and political subdivisions 4,152 — (1) 4,151 Total held to maturity securities $ 77,708 $ 122 $ (1,712) $ 76,118 December 31, 2022 U.S. Treasury securities $ 39,902 $ 115 $ (1,440) $ 38,577 Obligations of states and political subdivisions 5,195 — (2) 5,193 Total held to maturity securities $ 45,097 $ 115 $ (1,442) $ 43,770 The following table shows the fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: Less Than 12 Months Greater Than 12 Months Total Number Fair Unrealized Fair Unrealized Fair Unrealized of Value Losses Value Losses Value Losses Securities June 30, 2023 - Available for Sale U.S. Treasury securities $ — $ — $ 43,067 $ (6,580) $ 43,067 $ (6,580) 9 Obligations of U.S. Government sponsored agencies 9,517 (204) 19,036 (3,207) 28,553 (3,411) 26 Obligations of states and political subdivisions 13,624 (377) 38,037 (6,097) 51,661 (6,474) 69 Mortgage-backed securities 24,647 (1,325) 13,933 (657) 38,580 (1,982) 111 Corporate notes 4,850 (139) 12,194 (1,911) 17,044 (2,050) 9 Certificate of Deposits — — 977 (16) 977 (16) 4 Totals $ 52,638 $ (2,045) $ 127,244 $ (18,468) $ 179,882 $ (20,513) 228 June 30, 2023 - Held to Maturity U.S. Treasury securities $ 39,755 $ (549) $ 27,913 $ (1,162) $ 67,668 $ (1,711) 51 Obligations of states and political subdivisions 218 (1) — — 218 (1) 1 Totals $ 39,973 $ (550) $ 27,913 $ (1,162) $ 67,886 $ (1,712) 52 December 31, 2022 - Available for Sale U.S. Treasury securities $ 99,433 $ (559) $ 42,664 $ (6,958) $ 142,097 $ (7,517) 12 Obligations of U.S. Government sponsored agencies 6,735 (652) 15,014 (2,534) 21,749 (3,186) 16 Obligations of states and political subdivisions 50,839 (2,650) 15,933 (4,953) 66,772 (7,603) 103 Mortgage-backed securities 35,731 (1,993) 879 (71) 36,610 (2,064) 107 Corporate notes 9,701 (920) 3,080 (472) 12,781 (1,392) 8 Certificate of Deposits 974 (30) — — 974 (30) 4 Totals $ 203,413 $ (6,804) $ 77,570 $ (14,988) $ 280,983 $ (21,792) 250 December 31, 2022 - Held to Maturity U.S. Treasury securities $ 29,464 $ (1,306) $ 4,868 $ (134) $ 34,332 $ (1,440) 15 Obligations of states and political subdivisions 417 (2) — — 417 (2) 2 Totals $ 29,881 $ (1,308) $ 4,868 $ (134) $ 34,749 $ (1,442) 17 As of June 30, 2023, no allowance for credit losses has been recognized on available for sale securities in an unrealized loss position as the Company does not believe any of the debt securities are credit impaired. This is based on the Company’s analysis of the risk characteristics, including credit ratings, and other qualitative factors related to these securities. The issuers of these securities continue to make timely principal and interest payments under the contractual terms of the securities. The Company does not intend to sell these securities and it is more likely than not that the Company will not be required to sell the debt securities before recovery of their amortized cost, which may be at maturity. The unrealized losses have occurred as a result of changes in interest rates, market spreads and market conditions subsequent to purchase, not credit deterioration. Furthermore, based on its analysis the Company has determined that held to maturity securities have zero expected credit losses. U.S. Treasury securities have the full faith and credit backing of the United States Government and the amount of Obligations of states and political subdivisions at June 30, 2023 are not material to the financial statements. The following is a summary of amortized cost and estimated fair value of securities by contractual maturity as of June 30, 2023. Contractual maturities will differ from expected maturities for mortgage-backed securities because borrowers may have the right to call or prepay obligations without penalties. Available for Sale Held to Maturity Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value Due in one year or less $ 5,982 $ 5,828 $ 9,907 $ 9,794 Due after one year through 5 years 26,624 24,737 62,753 61,154 Due after 5 years through ten years 79,587 70,436 5,048 5,170 Due after 10 years 56,144 48,829 — — Subtotal 168,337 149,830 77,708 76,118 Mortgage-backed securities 43,430 41,473 — — Total $ 211,767 $ 191,303 $ 77,708 $ 76,118 As of June 30, 2023 and December 31, 2022, the carrying values of securities pledged to secure public deposits, securities sold under repurchase agreements, and for other purposes required or permitted by law were approximately $161.8 million and $226.9 million, respectively. Sales of securities available for sale produced $34.2 million in proceeds, $0.1 million in gross gains and $0.2 million in gross losses for the six months ended June 30, 2023. There were no sales of securities during the six months ended June 30, 2022.

LOANS, ALLOWANCE FOR CREDIT LOS

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY	6 Months Ended
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY	Jun. 30, 2023
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY	NOTE 5 – LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY The following table presents total loans by portfolio segment and class of loan as of June 30, 2023 and December 31, 2022: 2023 2022 Commercial/industrial $ 534,323 $ 492,563 Commercial real estate - owner occupied 905,763 717,401 Commercial real estate - non-owner occupied 760,808 681,783 Construction and development 183,520 200,022 Residential 1‑4 family 867,156 739,339 Consumer 49,256 44,796 Other 15,642 18,905 Subtotals 3,316,468 2,894,809 ACL - Loans (43,409) (22,680) Loans, net of ACL - Loans 3,273,059 2,872,129 Deferred loan fees, net (1,987) (831) Loans, net $ 3,271,072 $ 2,871,298 The ACL - Loans is based on the Company’s evaluation of historical default and loss experience, current and projected economic conditions, asset quality trends, known and inherent risks in the portfolio, adverse situations that may affect the borrowers’ ability to repay a loan, the estimated value of any underlying collateral, composition of the loan portfolio and other relevant factors. Loans with similar risk characteristics are evaluated in pools and, depending on the nature of each identified pool, the Company utilizes a discounted cash flow (“DCF”), probability of default / loss given default (“PD/LGD”) or remaining life method. The historical loss experience estimate by pool is then adjusted by forecast factors that are quantitatively related to the Company’s historical credit loss experience, such as national unemployment rates, gross domestic product and indexes which are indicative of the value of underlying collateral. Losses are forecasted over the expected life of the loan, first by predicting over a period of time determined to be reasonable and supportable (currently four calendar quarters), and at the end of the reasonable and supportable period reverting to long term historical averages.. The reasonable and supportable period and reversion period are re-evaluated each quarter by the Company and are dependent on the current economic environment among other factors. The expected credit losses for each loan pool are then adjusted for changes in qualitative factors not inherently considered in the quantitative analyses. The qualitative adjustments either increase or decrease the quantitative model estimation. The Company considers factors that are relevant within the qualitative framework which include the following: lending policy, changes in nature and volume of loans, staff experience, changes in volume and trends of problem loans, concentration risk, trends in underlying collateral values, external factors, quality of loan review system and other economic conditions. Expected credit losses for loans that no longer share similar risk characteristics with the collectively evaluated pools are excluded from the collective evaluation and estimated on an individual basis. Individual evaluations are performed for nonaccrual loans, loans rated substandard, and modified loans (previously classified as TDRs). Specific allocations of the ACL for credit losses on individually evaluated loans are estimated on one of several methods, including the estimated fair value of the underlying collateral, observable market value of similar debt or the present value of expected cash flows. A summary of the activity in the ACL - Loans by loan type as of June 30, 2023 is summarized as follows: Commercial Commercial Real Estate - Real Estate - Construction Commercial / Owner Non - Owner and Residential Industrial Occupied Occupied Development 1-4 Family Consumer Other Total ACL - Loans - January 1, 2023 $ 4,071 $ 5,204 $ 5,405 $ 1,592 $ 5,944 $ 314 $ 150 $ 22,680 Adoption of CECL 1,859 1,982 1,914 2,063 2,567 620 (33) 10,972 ACL - Loans on PCD loans acquired 1,082 4,424 — — 28 — — 5,534 Charge-offs — — — — — — (55) (55) Recoveries 3 70 — — 102 3 8 186 Provision 135 1,171 1,080 (417) 2,004 76 43 4,092 ACL - Loans - June 30, 2023 $ 7,150 $ 12,851 $ 8,399 $ 3,238 $ 10,645 $ 1,013 $ 113 $ 43,409 A summary of the activity in the allowance for loan losses (“ALL”) by loan type as of June 30, 2022 is as follows: Commercial Commercial Real Estate - Real Estate - Construction Commercial / Owner Non - Owner and Residential Industrial Occupied Occupied Development 1-4 Family Consumer Other Total ALL - January 1, 2022 $ 3,699 $ 5,633 $ 5,151 $ 984 $ 4,445 $ 224 $ 179 $ 20,315 Charge-offs — — — — (39) — (18) (57) Recoveries 454 74 3 152 5 — 53 741 Provision 182 706 261 46 555 24 (74) 1,700 ALL June 30, 2022 4,335 6,413 5,415 1,182 4,966 248 140 22,699 ALL ending balance individually evaluated for impairment 150 — 794 — — — — 944 ALL ending balance collectively evaluated for impairment $ 4,185 $ 6,413 $ 4,621 $ 1,182 $ 4,966 $ 248 $ 140 $ 21,755 Loans outstanding - June 30, 2022 $ 394,999 $ 589,018 $ 575,106 $ 158,742 $ 616,609 $ 35,365 $ 18,601 $ 2,388,440 Loans ending balance individually evaluated for impairment 694 2,578 1,417 — 218 — — 4,907 Loans ending balance collectively evaluated for impairment $ 394,305 $ 586,440 $ 573,689 $ 158,742 $ 616,391 $ 35,365 $ 18,601 $ 2,383,533 In addition to the ACL-Loans, the Company has established an ACL-Unfunded Commitments, classified in other liabilities on the consolidated balance sheets. This allowance is maintained to absorb losses arising from unfunded loan commitments, and is determined quarterly based on methodology similar to the methodology for determining the ACL-Loans. The ACL - Unfunded Commitments was $3.5 million at June 30, 2023. See Note 10 for further information on commitments. The provision for credit losses is determined by the Company as the amount to be added to the ACL loss accounts for various types of financial instruments including loans, investment securities, and off-balance sheet credit exposures after net charge-offs have been deducted to bring the ACL to a level that, in management’s judgment, is necessary to absorb expected credit losses over the lives of the respective financial instruments. The following table presents the components of the provision for credit losses. Six Months Ended Year Ended June 30, 2023 June 30, 2022 December 31, 2022 Provision for credit losses on: Loans $ 4,092 $ 1,700 $ 2,200 Unfunded Commitments 90 — — Total provision for credit losses $ 4,182 $ 1,700 $ 2,200 The Company’s past due and non-accrual loans as of June 30, 2023 is summarized as follows: 90 Days Non-Accrual 30-89 Days or more with no Past Due Past Due Non- specifically Accruing and Accruing Accrual Total allocated ACL Commercial/industrial $ 78 $ 175 $ 785 $ 1,038 $ 47 Commercial real estate - owner occupied 190 — 3,334 3,524 3,334 Commercial real estate - non-owner occupied — — — — — Construction and development — — — — — Residential 1‑4 family 847 422 467 1,736 467 Consumer 13 4 14 31 14 Other — — — — — $ 1,128 $ 601 $ 4,600 $ 6,329 $ 3,862 The Company’s past due and non-accrual loans as of December 31, 2022 is summarized as follows: 90 Days 30-89 Days or more Past Due Past Due Accruing and Accruing Non-Accrual Total Commercial/industrial $ 192 $ — $ 418 $ 610 Commercial real estate - owner occupied 1,301 — 2,688 3,989 Commercial real estate - non-owner occupied — — — — Construction and development 237 — 17 254 Residential 1‑4 family 774 268 505 1,547 Consumer 19 5 — 24 Other — — — — $ 2,523 $ 273 $ 3,628 $ 6,424 Interest recognized on non-accrual loans is considered immaterial to the consolidated financial statements for the six months ended June 30, 2023 and 2022. A loan is considered to be collateral dependent when, based upon management’s assessment, the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. For collateral dependent loans, expected credit losses are based on the estimated fair value of the collateral at the balance sheet date, with consideration for estimated selling costs if satisfaction of the loan depends on the sale of the collateral. The following table presents collateral dependent loans by portfolio segment and collateral type, including those loans with and without a related allowance allocation. A significant portion of the loan balances in this table and essentially all of the allowance allocations relate to PCD loans which were acquired from Hometown. Real estate collateral primarily consists of operating facilities of the underlying borrowers. Other business assets collateral primarily consists of receivables and inventory of the underlying borrowers. Collateral Type As of June 30, 2023 Other Without an With an Allowance Real Estate Business Assets Total Allowance Allowance Allocation Commercial/industrial $ — $ 1,605 $ 1,605 $ — $ 1,605 $ 1,277 Commercial real estate - owner occupied 16,763 — 16,763 3,277 13,486 4,054 Commercial real estate - non-owner occupied — — — — — — Construction and development — — — — — — Residential 1‑4 family — — — — — — Consumer — — — — — — Other — — — — — — Total Loans $ 16,763 $ 1,605 $ 18,368 $ 3,277 $ 15,091 $ 5,331 Prior to the adoption of ASU 2016-13, the allowance included specific reserves for certain individually evaluated impaired loans. Specific reserves reflected estimated losses on impaired loans from management’s analysis developed through specific credit allocations. The following table shows a summary of impaired loans individually evaluated as of December 31, 2022: Commercial Commercial Real Estate - Real Estate - Construction Commercial/ Owner Non - Owner and Residential Industrial Occupied Occupied Development 1 ‑ 4 Family Consumer Other Total With an allowance recorded: Recorded investment $ — $ — $ 18 $ — $ — $ — $ — $ 18 Unpaid principal balance — — 18 — — — — 18 Related allowance — — 8 — — — — 8 With no related allowance recorded: Recorded investment $ 284 $ 2,487 $ 497 $ — $ 200 $ — $ — $ 3,468 Unpaid principal balance 284 2,487 497 — 200 — — 3,468 Related allowance — — — — — — — — Total: Recorded investment $ 284 $ 2,487 $ 515 $ — $ 200 $ — $ — $ 3,486 Unpaid principal balance 284 2,487 515 — 200 — — 3,486 Related allowance — — 8 — — — — 8 Average recorded investment $ 361 $ 3,726 $ 1,017 $ — $ 237 $ — $ — $ 5,341 The Company utilizes a numerical risk rating system for commercial relationships. All other types of relationships (ex: residential, consumer, other) are assigned a “Pass” rating, unless they have fallen 90 days past due or more, at which time they receive a rating of 7. The Company uses split ratings for government guaranties on loans. The portion of a loan that is supported by a government guaranty is included with other Pass credits. The determination of a commercial loan risk rating begins with completion of a matrix, which assigns scores based on the strength of the borrower’s debt service coverage, collateral coverage, balance sheet leverage, industry outlook, and customer concentration. A weighted average is taken of these individual scores to arrive at the overall rating. This rating is subject to adjustment by the loan officer based on facts and circumstances pertaining to the borrower. Risk ratings are subject to independent review. Commercial borrowers with ratings between 1 and 5 are considered Pass credits, with 1 being most acceptable and 5 being just above the minimum level of acceptance. Commercial borrowers rated 6 have potential weaknesses which may jeopardize repayment ability. Borrowers rated 7 have a well-defined weakness or weaknesses such as the inability to demonstrate significant cash flow for debt service based on analysis of the company’s financial information. These loans remain on accrual status provided full collection of principal and interest is reasonably expected. Otherwise they are deemed impaired and placed on nonaccrual status. Borrowers rated 8 are the same as 7 rated credits with one exception: collection or liquidation in full is not probable. The following table presents total loans by risk ratings and year of origination. Loans acquired from other previously acquired institutions have been included in the table based upon the actual origination date. Amortized Cost Basis by Origination Year As of June 30, 2023 Revolving 2023 2022 2021 2020 2019 Prior Revolving to Term Total Commercial/industrial Grades 1-4 $ 45,751 $ 142,793 $ 75,388 $ 63,403 $ 15,001 $ 25,878 $ 102,564 $ - $ 470,778 Grade 5 1,903 5,217 13,698 1,869 1,907 4,780 16,756 - 46,130 Grade 6 - 216 762 - - 7 931 - 1,916 Grade 7 120 233 6,010 3,857 1,888 1,097 2,294 - 15,499 Grade 8 - - - - - - - - - Total $ 47,774 $ 148,459 $ 95,858 $ 69,129 $ 18,796 $ 31,762 $ 122,545 $ - $ 534,323 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - owner occupied Grades 1-4 $ 19,174 $ 106,813 $ 191,210 $ 127,458 $ 58,225 $ 207,706 $ 51,787 $ - $ 762,373 Grade 5 2,982 18,339 15,943 5,617 5,905 30,001 6,499 - 85,286 Grade 6 - 257 1,177 447 1,606 729 1,193 - 5,409 Grade 7 621 5,783 1,318 8,819 14,291 16,250 5,613 - 52,695 Grade 8 - - - - - - - - - Total $ 22,777 $ 131,192 $ 209,648 $ 142,341 $ 80,027 $ 254,686 $ 65,092 $ - $ 905,763 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied Grades 1-4 $ 22,152 $ 94,708 $ 237,008 $ 129,194 $ 74,477 $ 158,387 $ 13,869 $ - $ 729,795 Grade 5 963 2,520 13,670 3,767 2,837 2,568 - - 26,325 Grade 6 - - - - - 73 - - 73 Grade 7 - - 65 372 16 4,162 - - 4,615 Grade 8 - - - - - - - - - Total $ 23,115 $ 97,228 $ 250,743 $ 133,333 $ 77,330 $ 165,190 $ 13,869 $ - $ 760,808 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction and development Grades 1-4 $ 19,167 $ 82,547 $ 41,133 $ 5,741 $ 1,957 $ 5,119 $ 732 $ - $ 156,396 Grade 5 7,830 12,304 3,521 54 62 190 450 - 24,411 Grade 6 - - 411 - - - - - 411 Grade 7 - - - 921 - 805 576 - 2,302 Grade 8 - - - - - - - - - Total $ 26,997 $ 94,851 $ 45,065 $ 6,716 $ 2,019 $ 6,114 $ 1,758 $ - $ 183,520 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential 1 ‑ 4 family Grades 1-4 $ 60,308 $ 205,441 $ 209,510 $ 168,135 $ 45,265 $ 87,437 $ 77,804 $ - $ 853,900 Grade 5 1,193 3,357 798 79 393 2,140 416 - 8,376 Grade 6 162 - 85 - - 183 87 - 517 Grade 7 32 417 30 1,047 105 2,559 173 - 4,363 Grade 8 - - - - - - - - - Total $ 61,695 $ 209,215 $ 210,423 $ 169,261 $ 45,763 $ 92,319 $ 78,480 $ - $ 867,156 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer Grades 1-4 $ 15,558 $ 15,670 $ 8,215 $ 5,712 $ 1,677 $ 1,494 $ 914 $ - $ 49,240 Grade 5 - - - - - - - - - Grade 6 - - - - - - - - - Grade 7 - - - - - 16 - - 16 Grade 8 - - - - - - - - - Total $ 15,558 $ 15,670 $ 8,215 $ 5,712 $ 1,677 $ 1,510 $ 914 $ - $ 49,256 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Other Grades 1-4 $ 215 $ 696 $ 601 $ 1,333 $ 78 $ 10,409 $ 2,218 $ - $ 15,550 Grade 5 - - - - - - 92 - 92 Grade 6 - - - - - - - - - Grade 7 - - - - - - - - - Grade 8 - - - - - - - - - Total $ 215 $ 696 $ 601 $ 1,333 $ 78 $ 10,409 $ 2,310 $ - $ 15,642 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 55 $ - $ 55 Total Loans $ 198,131 $ 697,311 $ 820,553 $ 527,825 $ 225,690 $ 561,990 $ 284,968 $ - $ 3,316,468 The breakdown of loans by risk rating as of December 31, 2022 is as follows: Pass (1-5) 6 7 8 Total Commercial/industrial $ 474,586 $ 3,708 $ 14,156 $ — $ 492,450 Commercial real estate - owner occupied 665,986 8,031 42,946 — 716,963 Commercial real estate - non-owner occupied 677,303 — 4,317 — 681,620 Construction and development 198,581 — 1,127 — 199,708 Residential 1‑4 family 736,146 151 3,217 — 739,514 Consumer 44,961 — 2 — 44,963 Other 18,760 — — — 18,760 $ 2,816,323 $ 11,890 $ 65,765 $ — $ 2,893,978 On January 1, 2023, the Company adopted ASU 2022-02, which eliminated the accounting guidance for TDRs by creditors and enhanced the disclosure requirements for certain loan modifications to borrowers experiencing financial difficulty. Loans that were both experiencing financial difficulty and were modified during the six months ended June 30, 2023, were insignificant to these consolidated financial statements. The Company also had no new TDRs during the six months ended June 30, 2022. The following tables present loans acquired with deteriorated credit quality and the change in the accretable and non-accretable components of the related discounts prior to the adoption of ASU 2016-13. December 31, 2022 Unpaid Recorded Principal Investment Balance Commercial & Industrial $ 712 $ 1,091 Commercial real estate - owner occupied 2,539 2,843 Commercial real estate - non-owner occupied — — Construction and development — — Residential 1‑4 family 824 1,045 Consumer — — Other — — $ 4,075 $ 4,979 June 30, 2022 December 31, 2022 Accretable Non-accretable Accretable Non-accretable discount discount discount discount Balance at beginning of period $ 813 $ 149 $ 813 $ 149 Acquired balance, net — — 292 211 Reclassifications between accretable and non-accretable 13 (13) 135 (135) Accretion to loan interest income (250) — (561) — Balance at end of period $ 576 $ 136 $ 679 $ 225

MORTGAGE SERVICING RIGHTS

MORTGAGE SERVICING RIGHTS	6 Months Ended
MORTGAGE SERVICING RIGHTS	Jun. 30, 2023
MORTGAGE SERVICING RIGHTS
MORTGAGE SERVICING RIGHTS	NOTE 6 – MORTGAGE SERVICING RIGHTS Loans serviced for others are not included in the accompanying consolidated balance sheets. MSRs are recognized as separate assets when loans sold in the secondary market are sold with servicing retained. The Company utilizes a third-party consulting firm to determine an accurate assessment of the MSRs fair value. The third-party firm collects relevant data points from numerous sources. Some of these data points relate directly to the pricing level or relative value of the mortgage servicing while other data points relate to the assumptions used to derive fair value. In addition, the valuation evaluates specific collateral types, and current and historical performance of the collateral in question. The valuation process focuses on the non-distressed secondary servicing market, common industry practices and current regulatory standards. The primary determinants of the fair value of MSRs are servicing fee percentage, ancillary income, expected loan life or prepayment speeds, discount rates, costs to service, delinquency rates, foreclosure losses and recourse obligations. The valuation data also contains interest rate shock analyses for monitoring fair value changes in differing interest rate environments. Following is an analysis of activity in the MSR asset: Six Months Ended Year Ended June 30, 2023 December 31, 2022 Fair value at beginning of period $ 9,582 $ 5,016 Servicing asset additions 389 771 Loan payments and payoffs (787) (918) Changes in valuation inputs and assumptions used in the valuation model 629 3,012 Amount recognized through earnings 231 2,865 MSR asset acquired 3,691 1,701 Fair value at end of period $ 13,504 $ 9,582 Unpaid principal balance of loans serviced for others $ 1,192,197 $ 866,941 Mortgage servicing rights as a percent of loans serviced for others 1.13 1.11 The primary economic assumptions utilized by the Company in measuring the value of MSRs were constant prepayment speeds of 7.9 and 7.9 months as of June 30, 2023 and December 31, 2022 and discount rates of 10.20% and 10.21% as of each of those periods, respectively.

NOTES PAYABLE

NOTES PAYABLE	6 Months Ended
NOTES PAYABLE	Jun. 30, 2023
NOTES PAYABLE
NOTES PAYABLE	NOTE 7 – NOTES PAYABLE From time to time the Company utilizes FHLB advances to fund liquidity. At June 30, 2023 and December 31, 2022, the Company had outstanding balances borrowed from the FHLB of $36.1 million and $1.9 million, respectively. The advances, rate, and maturities of FHLB advances were as follows: June 30, December 31, Maturity Rate 2023 2022 Fixed rate, fixed term 06/01/2023 1.79% $ — $ 807 Fixed rate, fixed term 11/21/2023 3.06% 600 600 Fixed rate, fixed term 03/23/2026 4.02% 10,000 — Fixed rate, fixed term 05/26/2026 1.95% 5,000 — Fixed rate, fixed term 03/23/2027 3.91% 10,000 — Fixed rate, fixed term 03/23/2028 3.85% 10,000 — Fixed rate, fixed term 04/22/2030 0.00% 508 508 36,108 1,915 Adjustment due to purchase accounting (283) 14 $ 35,825 $ 1,929 Future maturities of borrowings were as follows: June 30, December 31, 2023 2022 1 year or less $ 600 $ 1,407 1 to 2 years — — 2 to 3 years 15,000 — 3 to 4 years 10,000 — 4 to 5 years 10,000 — Over 5 years 508 508 $ 36,108 $ 1,915 As of June 30, 2023, the Company had borrowing availability at the FHLB totaling $775.6 million in addition to the existing borrowings noted in the tables above. The Company maintains a $7.5 million line of credit with a commercial bank, which was entered into on May 15, 2022. There were no outstanding balances on this note at June 30, 2023 or December 31, 2022. Any future borrowings will require monthly payments of interest at a variable rate, and will be due in full on May 15, 2024.

SUBORDINATED NOTES AND JUNIOR S

SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES	6 Months Ended
SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES	Jun. 30, 2023
SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES
SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES	NOTE 8 – SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES During September 2017, the Company entered into subordinated note agreements with three separate commercial banks. The Company had outstanding balances of $11.5 million under these agreements as of June 30, 2023 and December 31, 2022. These notes were all issued with 10-year maturities, carry interest at a variable rate payable quarterly, are callable on or after the sixth anniversary of the issuance dates, and qualify for Tier 2 capital for regulatory purposes. During July 2020, the Company entered into subordinated note agreements with two separate commercial banks. The Company had outstanding balances of $6.0 million under these agreements as of June 30, 2023 and December 31, 2022. These notes were issued with 10-year maturities, carry interest at a fixed rate of 5.0% through June 30, 2025, and at a variable rate thereafter, payable quarterly. These notes are callable on or after January 1, 2026 and qualify for Tier 2 capital for regulatory purposes. During August 2022, the Company entered into subordinated note agreements with an individual. The Company had outstanding balances of $6.0 million under these agreements as of June 30, 2023. These notes were issued with 10-year maturities, carry interest at a fixed rate of 5.25% through August 6, 2027, and at a variable rate thereafter, payable quarterly. These notes are callable on or after August 6, 2027 and qualify for Tier 2 capital for regulatory purposes. As a result of the acquisition of Hometown during February 2023, the Company acquired all of the common securities of Hometown’s wholly-owned subsidiaries, Hometown Bancorp, Ltd. Capital Trust I (“Trust I”) and Hometown Bancorp, Ltd. Capital Trust II (“Trust II”). The Company also assumed adjustable rate junior subordinated debentures issued to these trusts. The junior subordinated debentures issued to Trust I and Trust II total $4.1 and $8.2 million, respectively, carry interest at floating rates resetting on each quarterly payment date, and are due on January 7, 2034 and December 15, 2036, respectively. Both junior subordinated debentures are redeemable by the Company, subject to prior approval by the Federal Reserve Bank, on any quarterly payment date. The junior subordinated debentures represent the sole asset of Trust I and Trust II. The trusts are not included in the consolidated financial statements. The net effect of all agreements assumed with respect to Trust I and Trust II is that the Company, through payments on its debentures, is liable for the distributions and other payments required on the trusts’ preferred securities. Trust I and Trust II also provide the Company with $12.0 million in Tier 1 capital for regulatory capital purposes. Interest on all debentures is current. Applicable discounts (initially recorded to carry the acquired debentures at their then estimated fair value) are being accreted to interest expense over the remaining life of the debentures, and total $1.4 million at June 30, 2023.

REGULATORY MATTERS

REGULATORY MATTERS	6 Months Ended
REGULATORY MATTERS	Jun. 30, 2023
REGULATORY MATTERS
REGULATORY MATTERS	NOTE 9 – REGULATORY MATTERS Banks and certain bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations involve quantitative measures of assets, liabilities, and certain off-balance sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can initiate regulatory action. The Economic Growth, Regulatory Relief, and Consumer Protection Act, signed into law in May 2018 raised the threshold for those bank holding companies subject to the Federal Reserve’s Small Bank Holding Company Policy Statement to $3 billion. As a result, as of the effective date of that change in 2018, the Company was no longer required to comply with the risk-based capital rules applicable to the Bank. The Federal Reserve may, however, require smaller bank holding companies to maintain certain minimum capital levels, depending upon general economic conditions and a bank holding company’s particular condition, risk profile and growth plans. Due to the acquisition of Denmark Bancshares, Inc. (“Denmark”) the Company is subject to compliance with risk-based capital rules beginning with the third quarter of 2022, and will remain so as long as it remains above the $3 billion threshold. Under regulatory guidance for non-advanced approaches institutions, the Bank is required to maintain minimum amounts and ratios of common equity Tier I capital to risk-weighted assets, including an additional conservation buffer determined by banking regulators. As of June 30, 2023 and December 31, 2022, this buffer was 2.5%. The Bank met all capital adequacy requirements to which they are subject as of June 30, 2023 and December 31, 2022. Actual and required capital amounts and ratios are presented below at period-end: To Be Well Minimum Capital Capitalized Under For Capital Adequacy with Prompt Corrective Actual Adequacy Purposes Capital Buffer Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio June 30, 2023 Total capital (to risk-weighted assets): Company $ 458,698 12.89 % $ 284,759 8.00 % $ 373,747 10.50 % $ 355,949 10.00 % Bank $ 436,571 12.27 % $ 284,567 8.00 % $ 373,494 10.50 % $ 355,709 10.00 % Tier 1 capital (to risk-weighted assets): Company $ 400,018 11.24 % $ 213,570 6.00 % $ 302,557 8.50 % $ 284,759 8.00 % Bank $ 401,391 11.28 % $ 213,425 6.00 % $ 302,352 8.50 % $ 284,567 8.00 % Common Equity Tier 1 capital (to risk-weighted assets): Company $ 388,018 10.90 % $ 160,177 4.50 % $ 249,164 7.00 % $ 231,367 6.50 % Bank $ 401,391 11.28 % $ 160,069 4.50 % $ 248,996 7.00 % $ 231,211 6.50 % Tier 1 capital (to average assets): Company $ 400,018 10.25 % $ 156,117 4.00 % $ 156,117 4.00 % $ 195,146 5.00 % Bank $ 401,391 10.27 % $ 156,349 4.00 % $ 156,349 4.00 % $ 195,436 5.00 % December 31, 2022 Total capital (to risk-weighted assets): Company $ 387,814 12.23 % $ 253,689 8.00 % $ 332,967 10.50 % $ 317,112 10.00 % Bank $ 372,312 11.75 % $ 253,504 8.00 % $ 332,724 10.50 % $ 316,880 10.00 % Tier 1 capital (to risk-weighted assets): Company $ 341,634 10.77 % $ 190,267 6.00 % $ 269,545 8.50 % $ 253,689 8.00 % Bank $ 349,632 11.03 % $ 190,128 6.00 % $ 269,348 8.50 % $ 253,504 8.00 % Common Equity Tier 1 capital (to risk-weighted assets): Company $ 341,634 10.77 % $ 142,700 4.50 % $ 221,978 7.00 % $ 206,123 6.50 % Bank $ 349,632 11.03 % $ 142,596 4.50 % $ 221,816 7.00 % $ 205,972 6.50 % Tier 1 capital (to average assets): Company $ 341,634 9.69 % $ 140,992 4.00 % $ 140,992 4.00 % $ 176,240 5.00 % Bank $ 349,632 9.93 % $ 140,887 4.00 % $ 140,887 4.00 % $ 176,108 5.00 %

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
COMMITMENTS AND CONTINGENCIES	Jun. 30, 2023
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	NOTE 10 – COMMITMENTS AND CONTINGENCIES The Company enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (rate-lock commitments). Rate-lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. Accordingly, such commitments, along with any related fees received from potential borrowers, are recorded at fair value in derivative assets or liabilities, with changes in fair value recorded in the net gain or loss on sale of mortgage loans. Fair value is based on fees currently charged to enter into similar agreements and for fixed rate commitments also considers the difference between current levels of interest rates and committed rates. The notional amount of rate-lock commitments at June 30, 2023 and December 31, 2022 was approximately $9.2 million and $3.7 million, respectively. The Company is party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss is represented by the contractual or notional amount of these commitments. The Company follows the same credit policies in making commitments as it does for on-balance-sheet instruments. Since some of the commitments are expected to expire without being drawn upon and some of the commitments may not be drawn upon to the total extent of the commitment, the notional amount of these commitments does not necessarily represent future cash requirements. The following commitments were outstanding: Notional Amount June 30, 2023 December 31, 2022 Commitments to extend credit: Fixed $ 115,231 $ 120,906 Variable 662,118 539,658 Credit card arrangements 19,386 17,364 Letters of credit 11,306 10,343

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
FAIR VALUE MEASUREMENTS	Jun. 30, 2023
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	NOTE 11 – FAIR VALUE MEASUREMENTS Accounting guidance establishes a fair value hierarchy to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value. Level 1: Quoted prices (unadjusted) or identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. Information regarding the fair value of assets measured at fair value on a recurring basis is as follows: Instruments Markets Other Significant Measured for Identical Observable Unobservable At Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) June 30, 2023 Assets Securities available for sale U.S. Treasury securities $ 43,067 $ — $ 43,067 $ — Obligations of U.S. Government sponsored agencies 29,376 — 29,376 — Obligations of states and political subdivisions 57,505 — 57,505 — Mortgage-backed securities 41,473 — 41,473 — Corporate notes 18,905 — 18,905 — Certificates of deposit 977 — 977 — Mortgage servicing rights 13,504 — 13,504 — December 31, 2022 Assets Securities available for sale U.S. Treasury securities $ 142,097 $ — $ 142,097 $ — Obligations of U.S. Government sponsored agencies 21,749 — 21,749 — Obligations of states and political subdivisions 83,186 — 83,186 — Mortgage-backed securities 36,637 — 36,637 — Corporate notes 19,994 — 19,994 — Certificates of deposit 974 — 974 — Mortgage servicing rights 9,582 — 9,582 — There were no assets measured on a recurring basis using significant unobservable inputs (Level 3) during these periods. Information regarding the fair value of assets measured at fair value on a non-recurring basis is as follows: Quoted Prices In Active Significant Assets Markets Other Significant Measured for Identical Observable Unobservable At Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) June 30, 2023 OREO $ 2,239 $ — $ — $ 2,239 Loans individually evaluated, net of reserve 13,038 — — 13,038 $ 15,277 $ — $ — $ 15,277 December 31, 2022 OREO $ 2,520 $ — $ — $ 2,520 Impaired Loans, net of impairment reserve 3,478 — — 3,478 $ 5,998 $ — $ — $ 5,998 The following is a description of the valuation methodologies used by the Company for the items noted in the table above, including the general classification of such instruments in the fair value hierarchy. For loans individually evaluated (referred to as impaired loans prior to January 1, 2023), the amount of reserve is based upon the present value of expected future cash flows discounted at the loan’s effective interest rate, the estimated fair value of the underlying collateral for collateral-dependent loans, or the estimated liquidity of the note. For OREO, the fair value is based upon the estimated fair value of the underlying collateral adjusted for the expected costs to sell. The following table shows significant unobservable inputs used in the fair value measurement of Level 3 assets: Weighted Unobservable Range of Average Valuation Technique Inputs Discounts Discount As of June 30, 2023 Other real estate owned Third party appraisals, sales contracts or brokered price options Collateral discounts and estimated costs to sell 0 % 0 % Loans individually evaluated Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 70 % 29.0 % As of December 31, 2022 Other real estate owned Third party appraisals, sales contracts or brokered price options Collateral discounts and estimated costs to sell 0 % 0 % Impaired loans Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 71 % 25.5 % The carrying value and estimated fair value of financial instruments at June 30, 2023 and December 31, 2022 follows: Carrying June 30, 2023 amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 111,326 $ 111,326 $ — $ — $ 111,326 Securities held to maturity 77,708 — 76,118 — 76,118 Securities available for sale 191,303 — 191,303 — 191,303 Loans held for sale 1,560 — — 1,560 1,560 Loans, net 3,271,072 — — 3,149,751 3,149,751 Other investments, at cost 21,521 — — 21,521 21,521 Mortgage servicing rights 13,504 — 13,504 — 13,504 Financial liabilities: Deposits $ 3,405,736 $ — $ — $ 3,091,088 $ 3,091,088 Securities sold under repurchase agreements 23,802 — 23,802 — 23,802 Notes payable 35,825 — 35,825 — 35,825 Subordinated notes 23,500 — 23,500 — 23,500 Junior subordinated debentures 10,944 — 10,944 — 10,944 Carrying December 31, 2022 amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 119,351 $ 119,351 $ — $ — $ 119,351 Securities held to maturity 45,097 — 43,770 — 43,770 Securities available for sale 304,637 — 304,637 — 304,637 Loans held for sale 648 — — 648 648 Loans, net 2,871,298 — — 2,832,454 2,832,454 Other investments, at cost 16,495 — — 16,495 16,495 Mortgage servicing rights 9,582 — 9,582 — 9,582 Financial liabilities: Deposits $ 3,060,229 — — 2,732,007 2,732,007 Securities sold under repurchase agreements 97,196 — 97,196 — 97,196 Notes payable 1,929 — 1,929 — 1,929 Subordinated notes 23,500 — 23,500 — 23,500 The fair value of a financial instrument is the current amount that would be exchanged between willing parties, other than in a forced liquidation. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. Consequently, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. Fair value estimates are made at a specific point in time based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters that could affect the estimates. Fair value estimates are based on existing on- and off-balance-sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Deposits with no stated maturities are defined as having a fair value equivalent to the amount payable on demand. This prohibits adjusting fair value derived from retaining those deposits for an expected future period of time. This component, commonly referred to as a deposit base intangible, is neither considered in the above amounts nor is it recorded as an intangible asset on the consolidated balance sheet. Significant assets and liabilities that are not considered financial assets and liabilities include premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

STOCK BASED COMPENSATION

STOCK BASED COMPENSATION	6 Months Ended
STOCK BASED COMPENSATION	Jun. 30, 2023
STOCK BASED COMPENSATION
STOCK BASED COMPENSATION	NOTE 12 – STOCK BASED COMPENSATION The Company has made restricted share grants pursuant to the Bank First Corporation 2011 Equity Plan and the Bank First Corporation 2020 Equity Plan, which replaced the 2011 Plan. The purpose of the Plan is to provide financial incentives for selected employees and for the non-employee Directors of the Company, thereby promoting the long-term growth and financial success of the Company. The number of shares of Company stock that may be issued pursuant to awards under the 2020 Plan shall not exceed, in the aggregate, 700,000. As of June 30, 2023, 76,641 shares of Company stock have been awarded under the 2020 Plan. Compensation expense for restricted stock is based on the fair value of the awards of Bank First Corporation common stock at the time of grant. The value of restricted stock grants that are expected to vest is amortized into expense over the vesting periods. For the six months ended June 30, 2023 and 2022, compensation expense of $1.0 million and $0.8 million, respectively, was recognized related to restricted stock awards. As of June 30, 2023, there was $3.1 million of unrecognized compensation cost related to non-vested restricted stock awards granted under the plan. That cost is expected to be recognized over a weighted average period of 1.83 years. The aggregate grant date fair value of restricted stock awards that vested during the six months ended June 30, 2023, was approximately $1.6 million. For the year ended For the year ended June 30, 2023 June 30, 2022 Weighted- Weighted- Average Grant- Average Grant- Shares Date Fair Value Shares Date Fair Value Restricted Stock Outstanding at beginning of year 59,272 $ 65.85 58,611 $ 61.44 Granted 25,375 80.17 25,451 69.73 Vested (25,762) 62.05 (20,785) 60.52 Forfeited or cancelled (820) 65.09 (4,005) 60.50 Outstanding at end of year 58,065 $ 71.41 59,272 $ 65.85

LEASES

LEASES	6 Months Ended
LEASES	Jun. 30, 2023
LEASES
LEASES	NOTE 13 – LEASES Accounting standards require lessees to recognize leases on-balance sheet and disclose key information about leasing arrangements, establishing a right-of-use (“ROU”) model that requires a lessee to recognize a ROU lease asset and liability on the balance sheet for all leases with a term longer than 12 months. Leases are classified as finance or operating, with classification affecting the pattern and classification of expense recognition in the income statement. Lessee Leases The Company’s lessee leases are operating leases, and consist of leased real estate for branches. Options to extend and renew leases are generally exercised under normal circumstances. Advance notification is required prior to termination, and any noticing period is often limited to the months prior to renewal. Rent escalations are generally specified by a payment schedule, or are subject to a defined formula. The Company also elected the practical expedient to not separate lease and non-lease components for all leases, the majority of which consist of real estate common area maintenance expenses. Generally, leases do not include guaranteed residual values, but instead typically specify that the leased premises are to be returned in satisfactory condition with the Company liable for damages. For operating leases, the lease liability and ROU asset (before adjustments) are recorded at the present value of future lease payments. Accounting standards require the use of the lease interest rate; however, this rate is typically not known. As an alternative, the use of an entity’s fully secured incremental borrowing rate is permitted. The Company is electing to utilize the Wall Street Journal Prime Rate on the date of lease commencement. Six Months Ended (dollars in thousands) June 30, 2023 June 30, 2022 Amortization of ROU Assets - Operating Leases $ (1) $ — Interest on Lease Liabilities - Operating Leases 44 43 Operating Lease Cost (Cost resulting from lease payments) 43 43 Weighted Average Lease Term (Years) - Operating Leases 30.50 31.50 Weighted Average Discount Rate - Operating Leases 5.50 % 5.50 % A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liabilities as of June 30, 2023 is as follows: June 30, 2023 Operating lease payments due: Within one year $ 85 After one but within two years 86 After two but within three years 90 After three but within four years 94 After four years but within five years 94 After five years 3,090 Total undiscounted cash flows 3,539 Discount on cash flows (1,957) Total operating lease liabilities $ 1,582

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
BASIS OF PRESENTATION (Policies)	Jun. 30, 2023
BASIS OF PRESENTATION
Critical Accounting Policies and Estimates	Critical Accounting Policies and Estimates Preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. These estimates are based on management’s best knowledge of current events and actions the Company may undertake in the future. Estimates are used in accounting for, among other items, the allowance for credit losses on securities and loans, valuation of loans in acquisition transactions, valuation of mortgage servicing rights, useful lives for depreciation and amortization, fair value of financial instruments, valuation of deferred tax assets, uncertain income tax positions and contingencies. Estimates that are particularly susceptible to significant change for the Company include the determination of the allowance for credit losses, the determination of the valuation of mortgage servicing rights, the determination and assessment of deferred tax assets and liabilities, and the valuation of loans acquired in acquisition transactions; therefore, these are critical accounting policies. Factors that may cause sensitivity to the aforementioned estimates include but are not limited to: external market factors such as market interest rates and employment rates, changes to operating policies and procedures, changes in applicable banking or tax regulations, and changes to deferred tax estimates. Actual results may ultimately differ from estimates, although management does not generally believe such differences would materially affect the consolidated financial statements in any individual reporting period presented. There have been no material changes or developments with respect to the assumptions or methodologies that the Company uses when applying what management believes are critical accounting policies and developing critical accounting estimates as previously disclosed in the Company’s Annual Report, other than what is disclosed in “Updates to Significant Accounting Policies” noted below.
Updates to Significant Accounting Policies	Updates to Significant Accounting Policies On January 1, 2023, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses The Company adopted ASU 2016-13 using the prospective transition approach for financial assets considered purchased credit deteriorated (“PCD”) that were previously classified as purchase credit impaired (“PCI”). The amortized cost of the PCD assets were adjusted to reflect the addition of $0.3 million to the allowance for credit losses. The remaining noncredit discount (based on the adjusted amortized cost) will be accreted into interest income at the effective interest rate over the remaining life of the assets. The following table presents the changes in the allowance for credit losses required as a result of this adoption: January 1, 2023 As December 31, 2022 Reported After ASU Pre-ASU 2016-13 Impact of Allowance for Credit Losses 2016-13 Adoption Adoption 2016-13 Adoption Assets Loans held for investments Commercial/industrial $ 5,930 $ 4,071 $ 1,859 Commercial real estate - owner occupied 7,186 5,204 1,982 Commercial real estate - non-owner occupied 7,319 5,405 1,914 Construction and development 3,655 1,592 2,063 Residential 1-4 family 8,511 5,944 2,567 Consumer 934 314 620 Other 117 150 (33) Loans held for investments, total 33,652 22,680 10,972 Liabilities Unfunded commitments 3,264 - 3,264 Total $ 36,916 $ 22,680 $ 14,236 As a result of adopting ASU 2016-13, certain of the Company’s accounting policies were updated as follows: Securities: The net carrying value of debt securities classified as held to maturity or available for sale is adjusted for amortization of premiums and accretion of discounts utilizing the effective interest method over the expected estimated maturity. Such amortization and accretion is included as an adjustment to interest income from securities. Interest and dividends are included in interest income from securities. Transfers of debt securities into the held to maturity classification from the available for sale classification are made at fair value as of the date of transfer. The unrealized holding gain or loss as of the date of transfer is retained in other comprehensive income and in the carrying value of the held to maturity securities, establishing the amortized cost of the security. These unrealized holding gains and losses as of the date of transfer are amortized or accreted over the remaining life of the security. Realized gains or losses, determined on the basis of the cost of specific securities sold, are included in earnings. Prior to January 1, 2023, unrealized gains or losses considered temporary and the noncredit portion of unrealized losses deemed other-than-temporary were reported as an increase or decrease in accumulated other comprehensive income. The credit related portion of unrealized losses deemed other-than-temporary were recorded in current period earnings. Subsequent to January 1, 2023, the Bank evaluates securities for potential credit losses at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. As part of such monitoring, the credit quality of individual securities and their issuers are assessed. If, based on information available such as the decline in the credit worthiness of the issuer, external market ratings or the anticipated or realized elimination of associated dividends, potential credit losses are identified on securities an allowance for credit losses would be established. Loans and Related Interest Income – Originated : Interest income is accrued on the unpaid principal balance using the simple interest method. The accrual of interest income on loans is discontinued when, in the opinion of management, there is reasonable doubt as to the borrower’s ability to meet payment of interest or principal when due. Loans are generally placed on nonaccrual status when contractually past due 90 days or more as to interest or principal, though may be placed in such status earlier. Loans past due 90 days or more may continue on accrual only when they are well secured and/or in process of collection or renewal. When interest accrual is discontinued, all previously accrued but uncollected interest is reversed against current period interest income. Except in very limited circumstances, cash collections on nonaccrual loans are credited to the loan receivable balance and no interest income is recognized on those loans until the principal balance is paid in full. Accrual of interest may be resumed when the customer is current on all principal and interest payments and has been paying on a timely basis for a sustained period of time. See Note 5 for additional information and disclosures on loans. Loans and Related Interest Income – Acquired: Prior to January 1, 2023, as described in further detail in the Company’s Annual Report, the Company initially classified acquired loans as either PCI loans (i.e., loans that reflect credit deterioration since origination and it is probable at acquisition that the Company will be unable to collect all contractually required payments) or purchased non-impaired loans (i.e., “performing acquired loans”). The Company estimated the fair value of PCI loans based on the amount and timing of expected principal, interest and other cash flows for each loan. The excess of the loan’s contractual principal and interest payments over all cash flows expected to be collected at acquisition was considered an amount that should not be accreted. These credit discounts (“nonaccretable marks”) were included in the determination of the initial fair value for acquired loans; therefore, no allowance for credit losses was recorded at the acquisition date. Differences between the estimated fair values and expected cash flows of acquired loans at the acquisition date that were not credit-based (“accretable marks”) were subsequently accreted to interest income over the estimated life of the loans. Subsequent to the acquisition date for PCI loans, increases in cash flows over those expected at the acquisition date resulted in a move of the discount from nonaccretable to accretable, while decreases in expected cash flows after the acquisition date were recognized through the provision for credit losses. Subsequent to January 1, 2023, acquired loans that have evidence of more-than-insignificant deterioration in credit quality since origination are considered PCD loans. At acquisition, an estimate of expected credit losses is made for PCD loans. This initial allowance for credit losses is allocated to individual PCD loans and added to the purchase price or acquisition date fair value to establish the initial amortized cost basis of the PCD loans. Any difference between the unpaid principal balance of PCD loans and the amortized cost basis is considered to relate to noncredit factors, resulting in a discount or premium that is amortized to interest income. For acquired loans not deemed PCD loans at acquisition, the difference between the initial fair value mark and the unpaid principal balance are recognized in interest income over the estimated life of the loans. In addition, an initial allowance for expected credit losses is estimated and recorded as provision expense at the acquisition date. The subsequent measurement of expected credit losses for all acquired loans is the same as the subsequent measurement of expected credit losses for originated loans. See Note 5 for additional information and disclosures on loans. Allowance for Credit Losses - Loans: Prior to January 1, 2023, as described in further detail in the Company’s Annual Report, the Company used an incurred loss impairment model. This methodology assessed the overall appropriateness of the allowance for credit losses and included allocations for specifically identified impaired loans and loss factors for all remaining loans, with a component primarily based on historical loss rates and another component primarily based on other qualitative factors. Impaired loans were individually assessed and measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price or the fair value of the collateral if the loan was collateral dependent. Loans that were determined not to be impaired were collectively evaluated for impairment, stratified by type and allocated loss ranges based on the Company’s actual historical loss ratios for each strata, and adjustments were also provided for certain environmental and other qualitative factors. Subsequent to January 1, 2023, the Company uses a current expected loss model (“CECL”). This methodology also considers historical loss rates and other qualitative adjustments, as well as a new forward-looking component that considers reasonable and supportable forecasts over the expected life of each loan. To develop the ACL-Loans estimate under the current expected loss model, the Company segments the loan portfolio into loan pools based on loan type and similar credit risk elements; performs an individual evaluation of PCD loans; calculates the historical loss rates for the segmented loan pools; applies the loss rates over the calculated life of the pooled loans; adjusts for forecasted macro-level economic conditions; and determines qualitative adjustments based on factors and conditions unique to the Bank's portfolio. The Company further individually evaluates certain impaired loans based on the amount and timing of estimated future cash flows and collateral values and establishes specific reserves when these estimated future cash flows or collateral values do not justify the carrying value of the loan. Allowance for Credit Losses - Unfunded Commitments :
Other Recently Implemented Accounting Standards and Recently Issued Not Yet Effective Accounting Standards	Other Recently Implemented Accounting Standards In March 2022, the FASB issued ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings (“TDRs”) and Vintage Disclosures Recently Issued Not Yet Effective Accounting Standards In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. Reference rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848,

BASIS OF PRESENTATION (Tables)

BASIS OF PRESENTATION (Tables)	6 Months Ended
BASIS OF PRESENTATION (Tables)	Jun. 30, 2023
BASIS OF PRESENTATION
Schedule of changes in the allowance for credit losses due to adoption of ASU 2016-13	The following table presents the changes in the allowance for credit losses required as a result of this adoption: January 1, 2023 As December 31, 2022 Reported After ASU Pre-ASU 2016-13 Impact of Allowance for Credit Losses 2016-13 Adoption Adoption 2016-13 Adoption Assets Loans held for investments Commercial/industrial $ 5,930 $ 4,071 $ 1,859 Commercial real estate - owner occupied 7,186 5,204 1,982 Commercial real estate - non-owner occupied 7,319 5,405 1,914 Construction and development 3,655 1,592 2,063 Residential 1-4 family 8,511 5,944 2,567 Consumer 934 314 620 Other 117 150 (33) Loans held for investments, total 33,652 22,680 10,972 Liabilities Unfunded commitments 3,264 - 3,264 Total $ 36,916 $ 22,680 $ 14,236

ACQUISITIONS (Tables)

ACQUISITIONS (Tables) - Hometown Bancorp, Ltd.	6 Months Ended
ACQUISITIONS (Tables) - Hometown Bancorp, Ltd.	Jun. 30, 2023
ACQUISITIONS
Schedule of fair value of the assets acquired and liabilities assumed	The fair value of the assets acquired and liabilities assumed on February 10, 2023 was as follows: As Recorded by Fair Value As Recorded by Hometown Adjustments the Company Cash, cash equivalents and securities $ 174,582 $ (1,010) $ 173,572 Other investments 1,195 — 1,195 Loans, net 406,168 (10,367) 395,801 Premises and equipment, net 7,577 (1,109) 6,468 Core deposit intangible 405 16,085 16,490 Other assets 28,011 (6,432) 21,579 Total assets acquired $ 617,938 $ (2,833) $ 615,105 Deposits $ 532,165 $ 209 $ 532,374 Other borrowings 5,000 (331) 4,669 Junior subordinated debentures 12,372 (1,464) 10,908 Other liabilities 469 1,144 1,613 Total liabilities assumed $ 550,006 $ (442) $ 549,564 Excess of assets acquired over liabilities assumed $ 67,932 $ (2,391) $ 65,541 Less: purchase price 130,452 Goodwill 64,911 Refinement to fair value estimates (1) (21) Goodwill (after refinement) $ 64,890 (1) Refinement consists of adjustments to the initial fair value estimates of other assets and liabilities.
Schedule of loans purchased through acquisition	The Company purchased loans through the acquisition of Hometown for which there was, at the date of acquisition, more than insignificant deterioration of credit quality since origination (PCD Loans). The carrying amount of these loans at acquisition was as follows: February 10, 2023 Purchase price of PCD loans at acquisition $ 30,276 Allowance for credit losses on PCD loans at acquisition 5,534 Par value of PCD acquired loans at acquisition $ 35,810

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
EARNINGS PER SHARE (Tables)	Jun. 30, 2023
EARNINGS PER SHARE
Schedule of earnings per common share	Three Months Ended June 30, Six Months Ended June 30, (in thousands, except per share data) 2023 2022 2023 2022 Basic Net income available to common shareholders $ 14,132 $ 11,654 $ 24,812 $ 21,837 Less: Earnings allocated to participating securities (80) (93) (144) (172) Net income allocated to common shareholders $ 14,052 $ 11,561 $ 24,668 $ 21,665 Weighted average common shares outstanding including participating securities 10,389,790 7,516,892 10,083,026 7,557,909 Less: Participating securities (1) (58,065) (59,449) (58,467) (59,170) Average shares 10,331,725 7,457,443 10,024,559 7,498,739 Basic earnings per common shares $ 1.37 $ 1.55 $ 2.46 $ 2.89 Diluted Net income available to common shareholders $ 14,132 $ 11,654 $ 24,812 $ 21,837 Weighted average common shares outstanding for basic earnings per common share 10,331,725 7,457,443 10,024,559 7,498,739 Add: Dilutive effects of stock based compensation awards 14,850 15,118 22,728 19,027 Average shares and dilutive potential common shares 10,346,575 7,472,561 10,047,287 7,517,766 Diluted earnings per common share $ 1.37 $ 1.55 $ 2.46 $ 2.89 (1) Participating securities are restricted stock awards whereby the stock certificates have been issued, are included in outstanding shares, receive dividends and can be voted, but have not vested.

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
SECURITIES (Tables)	Jun. 30, 2023
SECURITIES
Schedule of securities available for sale	The following is a summary of available for sale securities: Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value June 30, 2023 U.S. Treasury securities $ 49,647 $ — $ (6,580) $ 43,067 Obligations of U.S. Government sponsored agencies 32,784 3 (3,411) 29,376 Obligations of states and political subdivisions 63,958 21 (6,474) 57,505 Mortgage-backed securities 43,430 25 (1,982) 41,473 Corporate notes 20,955 — (2,050) 18,905 Certificates of deposit 993 — (16) 977 Total available for sale securities $ 211,767 $ 49 $ (20,513) $ 191,303 December 31, 2022 U.S. Treasury securities $ 149,614 $ — $ (7,517) $ 142,097 Obligations of U.S. Government sponsored agencies 24,935 — (3,186) 21,749 Obligations of states and political subdivisions 90,701 88 (7,603) 83,186 Mortgage-backed securities 38,701 — (2,064) 36,637 Corporate notes 21,005 381 (1,392) 19,994 Certificates of deposit 1,004 — (30) 974 Total available for sale securities $ 325,960 $ 469 $ (21,792) $ 304,637
Schedule of securities held to maturity	The following is a summary of held to maturity securities: Gross Gross Amortized Unrealized Unrealized Estimated Cost Gains Losses Fair Value June 30, 2023 U.S. Treasury securities $ 73,556 $ 122 $ (1,711) $ 71,967 Obligations of states and political subdivisions 4,152 — (1) 4,151 Total held to maturity securities $ 77,708 $ 122 $ (1,712) $ 76,118 December 31, 2022 U.S. Treasury securities $ 39,902 $ 115 $ (1,440) $ 38,577 Obligations of states and political subdivisions 5,195 — (2) 5,193 Total held to maturity securities $ 45,097 $ 115 $ (1,442) $ 43,770
Schedule of fair value and gross unrealized losses of securities	The following table shows the fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: Less Than 12 Months Greater Than 12 Months Total Number Fair Unrealized Fair Unrealized Fair Unrealized of Value Losses Value Losses Value Losses Securities June 30, 2023 - Available for Sale U.S. Treasury securities $ — $ — $ 43,067 $ (6,580) $ 43,067 $ (6,580) 9 Obligations of U.S. Government sponsored agencies 9,517 (204) 19,036 (3,207) 28,553 (3,411) 26 Obligations of states and political subdivisions 13,624 (377) 38,037 (6,097) 51,661 (6,474) 69 Mortgage-backed securities 24,647 (1,325) 13,933 (657) 38,580 (1,982) 111 Corporate notes 4,850 (139) 12,194 (1,911) 17,044 (2,050) 9 Certificate of Deposits — — 977 (16) 977 (16) 4 Totals $ 52,638 $ (2,045) $ 127,244 $ (18,468) $ 179,882 $ (20,513) 228 June 30, 2023 - Held to Maturity U.S. Treasury securities $ 39,755 $ (549) $ 27,913 $ (1,162) $ 67,668 $ (1,711) 51 Obligations of states and political subdivisions 218 (1) — — 218 (1) 1 Totals $ 39,973 $ (550) $ 27,913 $ (1,162) $ 67,886 $ (1,712) 52 December 31, 2022 - Available for Sale U.S. Treasury securities $ 99,433 $ (559) $ 42,664 $ (6,958) $ 142,097 $ (7,517) 12 Obligations of U.S. Government sponsored agencies 6,735 (652) 15,014 (2,534) 21,749 (3,186) 16 Obligations of states and political subdivisions 50,839 (2,650) 15,933 (4,953) 66,772 (7,603) 103 Mortgage-backed securities 35,731 (1,993) 879 (71) 36,610 (2,064) 107 Corporate notes 9,701 (920) 3,080 (472) 12,781 (1,392) 8 Certificate of Deposits 974 (30) — — 974 (30) 4 Totals $ 203,413 $ (6,804) $ 77,570 $ (14,988) $ 280,983 $ (21,792) 250 December 31, 2022 - Held to Maturity U.S. Treasury securities $ 29,464 $ (1,306) $ 4,868 $ (134) $ 34,332 $ (1,440) 15 Obligations of states and political subdivisions 417 (2) — — 417 (2) 2 Totals $ 29,881 $ (1,308) $ 4,868 $ (134) $ 34,749 $ (1,442) 17
Schedule of amortized cost and estimated fair value of securities	The following is a summary of amortized cost and estimated fair value of securities by contractual maturity as of June 30, 2023. Contractual maturities will differ from expected maturities for mortgage-backed securities because borrowers may have the right to call or prepay obligations without penalties. Available for Sale Held to Maturity Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value Due in one year or less $ 5,982 $ 5,828 $ 9,907 $ 9,794 Due after one year through 5 years 26,624 24,737 62,753 61,154 Due after 5 years through ten years 79,587 70,436 5,048 5,170 Due after 10 years 56,144 48,829 — — Subtotal 168,337 149,830 77,708 76,118 Mortgage-backed securities 43,430 41,473 — — Total $ 211,767 $ 191,303 $ 77,708 $ 76,118

LOANS, ALLOWANCE FOR CREDIT L_2

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY (Tables)	6 Months Ended
	Jun. 30, 2023
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Schedule of total loans by portfolio segment and class of loan	The following table presents total loans by portfolio segment and class of loan as of June 30, 2023 and December 31, 2022: 2023 2022 Commercial/industrial $ 534,323 $ 492,563 Commercial real estate - owner occupied 905,763 717,401 Commercial real estate - non-owner occupied 760,808 681,783 Construction and development 183,520 200,022 Residential 1‑4 family 867,156 739,339 Consumer 49,256 44,796 Other 15,642 18,905 Subtotals 3,316,468 2,894,809 ACL - Loans (43,409) (22,680) Loans, net of ACL - Loans 3,273,059 2,872,129 Deferred loan fees, net (1,987) (831) Loans, net $ 3,271,072 $ 2,871,298
Summary of the activity in the ACL by loan type	A summary of the activity in the ACL - Loans by loan type as of June 30, 2023 is summarized as follows: Commercial Commercial Real Estate - Real Estate - Construction Commercial / Owner Non - Owner and Residential Industrial Occupied Occupied Development 1-4 Family Consumer Other Total ACL - Loans - January 1, 2023 $ 4,071 $ 5,204 $ 5,405 $ 1,592 $ 5,944 $ 314 $ 150 $ 22,680 Adoption of CECL 1,859 1,982 1,914 2,063 2,567 620 (33) 10,972 ACL - Loans on PCD loans acquired 1,082 4,424 — — 28 — — 5,534 Charge-offs — — — — — — (55) (55) Recoveries 3 70 — — 102 3 8 186 Provision 135 1,171 1,080 (417) 2,004 76 43 4,092 ACL - Loans - June 30, 2023 $ 7,150 $ 12,851 $ 8,399 $ 3,238 $ 10,645 $ 1,013 $ 113 $ 43,409 A summary of the activity in the allowance for loan losses (“ALL”) by loan type as of June 30, 2022 is as follows: Commercial Commercial Real Estate - Real Estate - Construction Commercial / Owner Non - Owner and Residential Industrial Occupied Occupied Development 1-4 Family Consumer Other Total ALL - January 1, 2022 $ 3,699 $ 5,633 $ 5,151 $ 984 $ 4,445 $ 224 $ 179 $ 20,315 Charge-offs — — — — (39) — (18) (57) Recoveries 454 74 3 152 5 — 53 741 Provision 182 706 261 46 555 24 (74) 1,700 ALL June 30, 2022 4,335 6,413 5,415 1,182 4,966 248 140 22,699 ALL ending balance individually evaluated for impairment 150 — 794 — — — — 944 ALL ending balance collectively evaluated for impairment $ 4,185 $ 6,413 $ 4,621 $ 1,182 $ 4,966 $ 248 $ 140 $ 21,755 Loans outstanding - June 30, 2022 $ 394,999 $ 589,018 $ 575,106 $ 158,742 $ 616,609 $ 35,365 $ 18,601 $ 2,388,440 Loans ending balance individually evaluated for impairment 694 2,578 1,417 — 218 — — 4,907 Loans ending balance collectively evaluated for impairment $ 394,305 $ 586,440 $ 573,689 $ 158,742 $ 616,391 $ 35,365 $ 18,601 $ 2,383,533
Schedule of components of the provision for credit losses	The provision for credit losses is determined by the Company as the amount to be added to the ACL loss accounts for various types of financial instruments including loans, investment securities, and off-balance sheet credit exposures after net charge-offs have been deducted to bring the ACL to a level that, in management’s judgment, is necessary to absorb expected credit losses over the lives of the respective financial instruments. The following table presents the components of the provision for credit losses. Six Months Ended Year Ended June 30, 2023 June 30, 2022 December 31, 2022 Provision for credit losses on: Loans $ 4,092 $ 1,700 $ 2,200 Unfunded Commitments 90 — — Total provision for credit losses $ 4,182 $ 1,700 $ 2,200
Summary of past due loans	The Company’s past due and non-accrual loans as of June 30, 2023 is summarized as follows: 90 Days Non-Accrual 30-89 Days or more with no Past Due Past Due Non- specifically Accruing and Accruing Accrual Total allocated ACL Commercial/industrial $ 78 $ 175 $ 785 $ 1,038 $ 47 Commercial real estate - owner occupied 190 — 3,334 3,524 3,334 Commercial real estate - non-owner occupied — — — — — Construction and development — — — — — Residential 1‑4 family 847 422 467 1,736 467 Consumer 13 4 14 31 14 Other — — — — — $ 1,128 $ 601 $ 4,600 $ 6,329 $ 3,862 The Company’s past due and non-accrual loans as of December 31, 2022 is summarized as follows: 90 Days 30-89 Days or more Past Due Past Due Accruing and Accruing Non-Accrual Total Commercial/industrial $ 192 $ — $ 418 $ 610 Commercial real estate - owner occupied 1,301 — 2,688 3,989 Commercial real estate - non-owner occupied — — — — Construction and development 237 — 17 254 Residential 1‑4 family 774 268 505 1,547 Consumer 19 5 — 24 Other — — — — $ 2,523 $ 273 $ 3,628 $ 6,424
Schedule of collateral dependent loans by portfolio segment and collateral type	Collateral Type As of June 30, 2023 Other Without an With an Allowance Real Estate Business Assets Total Allowance Allowance Allocation Commercial/industrial $ — $ 1,605 $ 1,605 $ — $ 1,605 $ 1,277 Commercial real estate - owner occupied 16,763 — 16,763 3,277 13,486 4,054 Commercial real estate - non-owner occupied — — — — — — Construction and development — — — — — — Residential 1‑4 family — — — — — — Consumer — — — — — — Other — — — — — — Total Loans $ 16,763 $ 1,605 $ 18,368 $ 3,277 $ 15,091 $ 5,331
Summary of impaired loans individually evaluated	Prior to the adoption of ASU 2016-13, the allowance included specific reserves for certain individually evaluated impaired loans. Specific reserves reflected estimated losses on impaired loans from management’s analysis developed through specific credit allocations. The following table shows a summary of impaired loans individually evaluated as of December 31, 2022: Commercial Commercial Real Estate - Real Estate - Construction Commercial/ Owner Non - Owner and Residential Industrial Occupied Occupied Development 1 ‑ 4 Family Consumer Other Total With an allowance recorded: Recorded investment $ — $ — $ 18 $ — $ — $ — $ — $ 18 Unpaid principal balance — — 18 — — — — 18 Related allowance — — 8 — — — — 8 With no related allowance recorded: Recorded investment $ 284 $ 2,487 $ 497 $ — $ 200 $ — $ — $ 3,468 Unpaid principal balance 284 2,487 497 — 200 — — 3,468 Related allowance — — — — — — — — Total: Recorded investment $ 284 $ 2,487 $ 515 $ — $ 200 $ — $ — $ 3,486 Unpaid principal balance 284 2,487 515 — 200 — — 3,486 Related allowance — — 8 — — — — 8 Average recorded investment $ 361 $ 3,726 $ 1,017 $ — $ 237 $ — $ — $ 5,341
Schedule of loans by risk ratings and year of origination	The following table presents total loans by risk ratings and year of origination. Loans acquired from other previously acquired institutions have been included in the table based upon the actual origination date. Amortized Cost Basis by Origination Year As of June 30, 2023 Revolving 2023 2022 2021 2020 2019 Prior Revolving to Term Total Commercial/industrial Grades 1-4 $ 45,751 $ 142,793 $ 75,388 $ 63,403 $ 15,001 $ 25,878 $ 102,564 $ - $ 470,778 Grade 5 1,903 5,217 13,698 1,869 1,907 4,780 16,756 - 46,130 Grade 6 - 216 762 - - 7 931 - 1,916 Grade 7 120 233 6,010 3,857 1,888 1,097 2,294 - 15,499 Grade 8 - - - - - - - - - Total $ 47,774 $ 148,459 $ 95,858 $ 69,129 $ 18,796 $ 31,762 $ 122,545 $ - $ 534,323 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - owner occupied Grades 1-4 $ 19,174 $ 106,813 $ 191,210 $ 127,458 $ 58,225 $ 207,706 $ 51,787 $ - $ 762,373 Grade 5 2,982 18,339 15,943 5,617 5,905 30,001 6,499 - 85,286 Grade 6 - 257 1,177 447 1,606 729 1,193 - 5,409 Grade 7 621 5,783 1,318 8,819 14,291 16,250 5,613 - 52,695 Grade 8 - - - - - - - - - Total $ 22,777 $ 131,192 $ 209,648 $ 142,341 $ 80,027 $ 254,686 $ 65,092 $ - $ 905,763 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied Grades 1-4 $ 22,152 $ 94,708 $ 237,008 $ 129,194 $ 74,477 $ 158,387 $ 13,869 $ - $ 729,795 Grade 5 963 2,520 13,670 3,767 2,837 2,568 - - 26,325 Grade 6 - - - - - 73 - - 73 Grade 7 - - 65 372 16 4,162 - - 4,615 Grade 8 - - - - - - - - - Total $ 23,115 $ 97,228 $ 250,743 $ 133,333 $ 77,330 $ 165,190 $ 13,869 $ - $ 760,808 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction and development Grades 1-4 $ 19,167 $ 82,547 $ 41,133 $ 5,741 $ 1,957 $ 5,119 $ 732 $ - $ 156,396 Grade 5 7,830 12,304 3,521 54 62 190 450 - 24,411 Grade 6 - - 411 - - - - - 411 Grade 7 - - - 921 - 805 576 - 2,302 Grade 8 - - - - - - - - - Total $ 26,997 $ 94,851 $ 45,065 $ 6,716 $ 2,019 $ 6,114 $ 1,758 $ - $ 183,520 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential 1 ‑ 4 family Grades 1-4 $ 60,308 $ 205,441 $ 209,510 $ 168,135 $ 45,265 $ 87,437 $ 77,804 $ - $ 853,900 Grade 5 1,193 3,357 798 79 393 2,140 416 - 8,376 Grade 6 162 - 85 - - 183 87 - 517 Grade 7 32 417 30 1,047 105 2,559 173 - 4,363 Grade 8 - - - - - - - - - Total $ 61,695 $ 209,215 $ 210,423 $ 169,261 $ 45,763 $ 92,319 $ 78,480 $ - $ 867,156 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer Grades 1-4 $ 15,558 $ 15,670 $ 8,215 $ 5,712 $ 1,677 $ 1,494 $ 914 $ - $ 49,240 Grade 5 - - - - - - - - - Grade 6 - - - - - - - - - Grade 7 - - - - - 16 - - 16 Grade 8 - - - - - - - - - Total $ 15,558 $ 15,670 $ 8,215 $ 5,712 $ 1,677 $ 1,510 $ 914 $ - $ 49,256 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Other Grades 1-4 $ 215 $ 696 $ 601 $ 1,333 $ 78 $ 10,409 $ 2,218 $ - $ 15,550 Grade 5 - - - - - - 92 - 92 Grade 6 - - - - - - - - - Grade 7 - - - - - - - - - Grade 8 - - - - - - - - - Total $ 215 $ 696 $ 601 $ 1,333 $ 78 $ 10,409 $ 2,310 $ - $ 15,642 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ 55 $ - $ 55 Total Loans $ 198,131 $ 697,311 $ 820,553 $ 527,825 $ 225,690 $ 561,990 $ 284,968 $ - $ 3,316,468 The breakdown of loans by risk rating as of December 31, 2022 is as follows: Pass (1-5) 6 7 8 Total Commercial/industrial $ 474,586 $ 3,708 $ 14,156 $ — $ 492,450 Commercial real estate - owner occupied 665,986 8,031 42,946 — 716,963 Commercial real estate - non-owner occupied 677,303 — 4,317 — 681,620 Construction and development 198,581 — 1,127 — 199,708 Residential 1‑4 family 736,146 151 3,217 — 739,514 Consumer 44,961 — 2 — 44,963 Other 18,760 — — — 18,760 $ 2,816,323 $ 11,890 $ 65,765 $ — $ 2,893,978
Schedule of loans acquired with deteriorated credit quality	The following tables present loans acquired with deteriorated credit quality and the change in the accretable and non-accretable components of the related discounts prior to the adoption of ASU 2016-13. December 31, 2022 Unpaid Recorded Principal Investment Balance Commercial & Industrial $ 712 $ 1,091 Commercial real estate - owner occupied 2,539 2,843 Commercial real estate - non-owner occupied — — Construction and development — — Residential 1‑4 family 824 1,045 Consumer — — Other — — $ 4,075 $ 4,979
Schedule of change in the accretable and non-accretable components of discounts on loans acquired with deteriorated credit quality	June 30, 2022 December 31, 2022 Accretable Non-accretable Accretable Non-accretable discount discount discount discount Balance at beginning of period $ 813 $ 149 $ 813 $ 149 Acquired balance, net — — 292 211 Reclassifications between accretable and non-accretable 13 (13) 135 (135) Accretion to loan interest income (250) — (561) — Balance at end of period $ 576 $ 136 $ 679 $ 225

MORTGAGE SERVICING RIGHTS (Tabl

MORTGAGE SERVICING RIGHTS (Tables)	6 Months Ended
MORTGAGE SERVICING RIGHTS (Tables)	Jun. 30, 2023
MORTGAGE SERVICING RIGHTS
Schedule of analysis of activity in the MSR asset	Following is an analysis of activity in the MSR asset: Six Months Ended Year Ended June 30, 2023 December 31, 2022 Fair value at beginning of period $ 9,582 $ 5,016 Servicing asset additions 389 771 Loan payments and payoffs (787) (918) Changes in valuation inputs and assumptions used in the valuation model 629 3,012 Amount recognized through earnings 231 2,865 MSR asset acquired 3,691 1,701 Fair value at end of period $ 13,504 $ 9,582 Unpaid principal balance of loans serviced for others $ 1,192,197 $ 866,941 Mortgage servicing rights as a percent of loans serviced for others 1.13 1.11

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	6 Months Ended
NOTES PAYABLE (Tables)	Jun. 30, 2023
NOTES PAYABLE
Schedule of advances, rate, and maturities of FHLB advances	The advances, rate, and maturities of FHLB advances were as follows: June 30, December 31, Maturity Rate 2023 2022 Fixed rate, fixed term 06/01/2023 1.79% $ — $ 807 Fixed rate, fixed term 11/21/2023 3.06% 600 600 Fixed rate, fixed term 03/23/2026 4.02% 10,000 — Fixed rate, fixed term 05/26/2026 1.95% 5,000 — Fixed rate, fixed term 03/23/2027 3.91% 10,000 — Fixed rate, fixed term 03/23/2028 3.85% 10,000 — Fixed rate, fixed term 04/22/2030 0.00% 508 508 36,108 1,915 Adjustment due to purchase accounting (283) 14 $ 35,825 $ 1,929
Schedule of future maturities of borrowings	Future maturities of borrowings were as follows: June 30, December 31, 2023 2022 1 year or less $ 600 $ 1,407 1 to 2 years — — 2 to 3 years 15,000 — 3 to 4 years 10,000 — 4 to 5 years 10,000 — Over 5 years 508 508 $ 36,108 $ 1,915 As of June 30, 2023, the Company had borrowing availability at the FHLB totaling $775.6 million in addition to the existing borrowings noted in the tables above.

REGULATORY MATTERS (Tables)

REGULATORY MATTERS (Tables)	6 Months Ended
REGULATORY MATTERS (Tables)	Jun. 30, 2023
REGULATORY MATTERS
Schedule of Actual and required capital amounts and ratios	Actual and required capital amounts and ratios are presented below at period-end: To Be Well Minimum Capital Capitalized Under For Capital Adequacy with Prompt Corrective Actual Adequacy Purposes Capital Buffer Action Provisions Amount Ratio Amount Ratio Amount Ratio Amount Ratio June 30, 2023 Total capital (to risk-weighted assets): Company $ 458,698 12.89 % $ 284,759 8.00 % $ 373,747 10.50 % $ 355,949 10.00 % Bank $ 436,571 12.27 % $ 284,567 8.00 % $ 373,494 10.50 % $ 355,709 10.00 % Tier 1 capital (to risk-weighted assets): Company $ 400,018 11.24 % $ 213,570 6.00 % $ 302,557 8.50 % $ 284,759 8.00 % Bank $ 401,391 11.28 % $ 213,425 6.00 % $ 302,352 8.50 % $ 284,567 8.00 % Common Equity Tier 1 capital (to risk-weighted assets): Company $ 388,018 10.90 % $ 160,177 4.50 % $ 249,164 7.00 % $ 231,367 6.50 % Bank $ 401,391 11.28 % $ 160,069 4.50 % $ 248,996 7.00 % $ 231,211 6.50 % Tier 1 capital (to average assets): Company $ 400,018 10.25 % $ 156,117 4.00 % $ 156,117 4.00 % $ 195,146 5.00 % Bank $ 401,391 10.27 % $ 156,349 4.00 % $ 156,349 4.00 % $ 195,436 5.00 % December 31, 2022 Total capital (to risk-weighted assets): Company $ 387,814 12.23 % $ 253,689 8.00 % $ 332,967 10.50 % $ 317,112 10.00 % Bank $ 372,312 11.75 % $ 253,504 8.00 % $ 332,724 10.50 % $ 316,880 10.00 % Tier 1 capital (to risk-weighted assets): Company $ 341,634 10.77 % $ 190,267 6.00 % $ 269,545 8.50 % $ 253,689 8.00 % Bank $ 349,632 11.03 % $ 190,128 6.00 % $ 269,348 8.50 % $ 253,504 8.00 % Common Equity Tier 1 capital (to risk-weighted assets): Company $ 341,634 10.77 % $ 142,700 4.50 % $ 221,978 7.00 % $ 206,123 6.50 % Bank $ 349,632 11.03 % $ 142,596 4.50 % $ 221,816 7.00 % $ 205,972 6.50 % Tier 1 capital (to average assets): Company $ 341,634 9.69 % $ 140,992 4.00 % $ 140,992 4.00 % $ 176,240 5.00 % Bank $ 349,632 9.93 % $ 140,887 4.00 % $ 140,887 4.00 % $ 176,108 5.00 %

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
COMMITMENTS AND CONTINGENCIES (Tables)	Jun. 30, 2023
COMMITMENTS AND CONTINGENCIES
Schedule of commitments outstanding	The following commitments were outstanding: Notional Amount June 30, 2023 December 31, 2022 Commitments to extend credit: Fixed $ 115,231 $ 120,906 Variable 662,118 539,658 Credit card arrangements 19,386 17,364 Letters of credit 11,306 10,343

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Jun. 30, 2023
FAIR VALUE MEASUREMENTS
Schedule of fair value of assets measured at fair value on a recurring basis	Information regarding the fair value of assets measured at fair value on a recurring basis is as follows: Instruments Markets Other Significant Measured for Identical Observable Unobservable At Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) June 30, 2023 Assets Securities available for sale U.S. Treasury securities $ 43,067 $ — $ 43,067 $ — Obligations of U.S. Government sponsored agencies 29,376 — 29,376 — Obligations of states and political subdivisions 57,505 — 57,505 — Mortgage-backed securities 41,473 — 41,473 — Corporate notes 18,905 — 18,905 — Certificates of deposit 977 — 977 — Mortgage servicing rights 13,504 — 13,504 — December 31, 2022 Assets Securities available for sale U.S. Treasury securities $ 142,097 $ — $ 142,097 $ — Obligations of U.S. Government sponsored agencies 21,749 — 21,749 — Obligations of states and political subdivisions 83,186 — 83,186 — Mortgage-backed securities 36,637 — 36,637 — Corporate notes 19,994 — 19,994 — Certificates of deposit 974 — 974 — Mortgage servicing rights 9,582 — 9,582 —
Schedule of fair value of assets measured on a non-recurring basis	Information regarding the fair value of assets measured at fair value on a non-recurring basis is as follows: Quoted Prices In Active Significant Assets Markets Other Significant Measured for Identical Observable Unobservable At Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) June 30, 2023 OREO $ 2,239 $ — $ — $ 2,239 Loans individually evaluated, net of reserve 13,038 — — 13,038 $ 15,277 $ — $ — $ 15,277 December 31, 2022 OREO $ 2,520 $ — $ — $ 2,520 Impaired Loans, net of impairment reserve 3,478 — — 3,478 $ 5,998 $ — $ — $ 5,998
Schedule of fair value measurement on inputs and valuation techniques	The following table shows significant unobservable inputs used in the fair value measurement of Level 3 assets: Weighted Unobservable Range of Average Valuation Technique Inputs Discounts Discount As of June 30, 2023 Other real estate owned Third party appraisals, sales contracts or brokered price options Collateral discounts and estimated costs to sell 0 % 0 % Loans individually evaluated Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 70 % 29.0 % As of December 31, 2022 Other real estate owned Third party appraisals, sales contracts or brokered price options Collateral discounts and estimated costs to sell 0 % 0 % Impaired loans Third party appraisals and discounted cash flows Collateral discounts and discount rates 0% - 71 % 25.5 %
Schedule of carrying value and estimated fair value of financial instruments	The carrying value and estimated fair value of financial instruments at June 30, 2023 and December 31, 2022 follows: Carrying June 30, 2023 amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 111,326 $ 111,326 $ — $ — $ 111,326 Securities held to maturity 77,708 — 76,118 — 76,118 Securities available for sale 191,303 — 191,303 — 191,303 Loans held for sale 1,560 — — 1,560 1,560 Loans, net 3,271,072 — — 3,149,751 3,149,751 Other investments, at cost 21,521 — — 21,521 21,521 Mortgage servicing rights 13,504 — 13,504 — 13,504 Financial liabilities: Deposits $ 3,405,736 $ — $ — $ 3,091,088 $ 3,091,088 Securities sold under repurchase agreements 23,802 — 23,802 — 23,802 Notes payable 35,825 — 35,825 — 35,825 Subordinated notes 23,500 — 23,500 — 23,500 Junior subordinated debentures 10,944 — 10,944 — 10,944 Carrying December 31, 2022 amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 119,351 $ 119,351 $ — $ — $ 119,351 Securities held to maturity 45,097 — 43,770 — 43,770 Securities available for sale 304,637 — 304,637 — 304,637 Loans held for sale 648 — — 648 648 Loans, net 2,871,298 — — 2,832,454 2,832,454 Other investments, at cost 16,495 — — 16,495 16,495 Mortgage servicing rights 9,582 — 9,582 — 9,582 Financial liabilities: Deposits $ 3,060,229 — — 2,732,007 2,732,007 Securities sold under repurchase agreements 97,196 — 97,196 — 97,196 Notes payable 1,929 — 1,929 — 1,929 Subordinated notes 23,500 — 23,500 — 23,500

STOCK BASED COMPENSATION (Table

STOCK BASED COMPENSATION (Tables)	6 Months Ended
STOCK BASED COMPENSATION (Tables)	Jun. 30, 2023
STOCK BASED COMPENSATION
Schedule of share-based compensation, restricted stock and restricted stock units activity	For the year ended For the year ended June 30, 2023 June 30, 2022 Weighted- Weighted- Average Grant- Average Grant- Shares Date Fair Value Shares Date Fair Value Restricted Stock Outstanding at beginning of year 59,272 $ 65.85 58,611 $ 61.44 Granted 25,375 80.17 25,451 69.73 Vested (25,762) 62.05 (20,785) 60.52 Forfeited or cancelled (820) 65.09 (4,005) 60.50 Outstanding at end of year 58,065 $ 71.41 59,272 $ 65.85

LEASES (Tables)

LEASES (Tables)	6 Months Ended
LEASES (Tables)	Jun. 30, 2023
LEASES
Schedule of lease cost and other information related to leases	Six Months Ended (dollars in thousands) June 30, 2023 June 30, 2022 Amortization of ROU Assets - Operating Leases $ (1) $ — Interest on Lease Liabilities - Operating Leases 44 43 Operating Lease Cost (Cost resulting from lease payments) 43 43 Weighted Average Lease Term (Years) - Operating Leases 30.50 31.50 Weighted Average Discount Rate - Operating Leases 5.50 % 5.50 %
Schedule of maturity analysis of operating lease liabilities	A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liabilities as of June 30, 2023 is as follows: June 30, 2023 Operating lease payments due: Within one year $ 85 After one but within two years 86 After two but within three years 90 After three but within four years 94 After four years but within five years 94 After five years 3,090 Total undiscounted cash flows 3,539 Discount on cash flows (1,957) Total operating lease liabilities $ 1,582

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) $ in Thousands	Jun. 30, 2023 USD ($)	Mar. 31, 2023 item	Jan. 01, 2023 USD ($)	Dec. 31, 2022 USD ($)
BASIS OF PRESENTATION
Number of bank locations \| item		28
Retained earnings	$ 304,525			$ 295,496
Allowance for Credit Losses	43,409			22,680
Commercial/industrial
BASIS OF PRESENTATION
Allowance for Credit Losses	7,150			4,071
Commercial real estate-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses	12,851			5,204
Commercial real estate - non-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses	8,399			5,405
Construction and development
BASIS OF PRESENTATION
Allowance for Credit Losses	3,238			1,592
Residential 1-4 family
BASIS OF PRESENTATION
Allowance for Credit Losses	10,645			5,944
Consumer
BASIS OF PRESENTATION
Allowance for Credit Losses	1,013			314
Other
BASIS OF PRESENTATION
Allowance for Credit Losses	$ 113			150
Assets, Loans held for investments
BASIS OF PRESENTATION
Allowance for Credit Losses				22,680
Assets, Loans held for investments \| Commercial/industrial
BASIS OF PRESENTATION
Allowance for Credit Losses				4,071
Assets, Loans held for investments \| Commercial real estate-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses				5,204
Assets, Loans held for investments \| Commercial real estate - non-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses				5,405
Assets, Loans held for investments \| Construction and development
BASIS OF PRESENTATION
Allowance for Credit Losses				1,592
Assets, Loans held for investments \| Residential 1-4 family
BASIS OF PRESENTATION
Allowance for Credit Losses				5,944
Assets, Loans held for investments \| Consumer
BASIS OF PRESENTATION
Allowance for Credit Losses				314
Assets, Loans held for investments \| Other
BASIS OF PRESENTATION
Allowance for Credit Losses				150
Adoption of CECL
BASIS OF PRESENTATION
Allowance for Credit Losses				10,972
Adoption of CECL \| Commercial/industrial
BASIS OF PRESENTATION
Allowance for Credit Losses				1,859
Adoption of CECL \| Commercial real estate-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses				1,982
Adoption of CECL \| Commercial real estate - non-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses				1,914
Adoption of CECL \| Construction and development
BASIS OF PRESENTATION
Allowance for Credit Losses				2,063
Adoption of CECL \| Residential 1-4 family
BASIS OF PRESENTATION
Allowance for Credit Losses				2,567
Adoption of CECL \| Consumer
BASIS OF PRESENTATION
Allowance for Credit Losses				620
Adoption of CECL \| Other
BASIS OF PRESENTATION
Allowance for Credit Losses				(33)
ASU 2016-13 \| Reported after ASU Adoption
BASIS OF PRESENTATION
Allowance for Credit Losses				36,916
ASU 2016-13 \| Reported after ASU Adoption \| Assets, Loans held for investments
BASIS OF PRESENTATION
Allowance for Credit Losses				33,652
ASU 2016-13 \| Reported after ASU Adoption \| Assets, Loans held for investments \| Commercial/industrial
BASIS OF PRESENTATION
Allowance for Credit Losses				5,930
ASU 2016-13 \| Reported after ASU Adoption \| Assets, Loans held for investments \| Commercial real estate-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses				7,186
ASU 2016-13 \| Reported after ASU Adoption \| Assets, Loans held for investments \| Commercial real estate - non-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses				7,319
ASU 2016-13 \| Reported after ASU Adoption \| Assets, Loans held for investments \| Construction and development
BASIS OF PRESENTATION
Allowance for Credit Losses				3,655
ASU 2016-13 \| Reported after ASU Adoption \| Assets, Loans held for investments \| Residential 1-4 family
BASIS OF PRESENTATION
Allowance for Credit Losses				8,511
ASU 2016-13 \| Reported after ASU Adoption \| Assets, Loans held for investments \| Consumer
BASIS OF PRESENTATION
Allowance for Credit Losses				934
ASU 2016-13 \| Reported after ASU Adoption \| Assets, Loans held for investments \| Other
BASIS OF PRESENTATION
Allowance for Credit Losses				117
ASU 2016-13 \| Reported after ASU Adoption \| Liabilities, Unfunded commitments
BASIS OF PRESENTATION
Allowance for Credit Losses				3,264
ASU 2016-13 \| Adoption of CECL
BASIS OF PRESENTATION
Retained earnings			$ (10,100)
Allowance for Credit Losses				14,236
ASU 2016-13 \| Adoption of CECL \| Financial Asset Acquired with Credit Deterioration
BASIS OF PRESENTATION
Allowance for Credit Losses			300
ASU 2016-13 \| Adoption of CECL \| Assets, Loans held for investments
BASIS OF PRESENTATION
Allowance for Credit Losses			11,000	10,972
ASU 2016-13 \| Adoption of CECL \| Assets, Loans held for investments \| Commercial/industrial
BASIS OF PRESENTATION
Allowance for Credit Losses				1,859
ASU 2016-13 \| Adoption of CECL \| Assets, Loans held for investments \| Commercial real estate-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses				1,982
ASU 2016-13 \| Adoption of CECL \| Assets, Loans held for investments \| Commercial real estate - non-owner occupied
BASIS OF PRESENTATION
Allowance for Credit Losses				1,914
ASU 2016-13 \| Adoption of CECL \| Assets, Loans held for investments \| Construction and development
BASIS OF PRESENTATION
Allowance for Credit Losses				2,063
ASU 2016-13 \| Adoption of CECL \| Assets, Loans held for investments \| Residential 1-4 family
BASIS OF PRESENTATION
Allowance for Credit Losses				2,567
ASU 2016-13 \| Adoption of CECL \| Assets, Loans held for investments \| Consumer
BASIS OF PRESENTATION
Allowance for Credit Losses				620
ASU 2016-13 \| Adoption of CECL \| Assets, Loans held for investments \| Other
BASIS OF PRESENTATION
Allowance for Credit Losses				(33)
ASU 2016-13 \| Adoption of CECL \| Liabilities, Unfunded commitments
BASIS OF PRESENTATION
Allowance for Credit Losses			$ 3,300	$ 3,264

ACQUISITIONS - Hometown (Detail

ACQUISITIONS - Hometown (Details) - Hometown Bancorp, Ltd. $ / shares in Units, $ in Thousands	Feb. 10, 2023 USD ($) item $ / shares shares
ACQUISITIONS
Number of branches operated \| item	10
Total amount of merger consideration	$ 130,452
Number of company shares received for each share of acquisition company common stock \| shares	0.3962
Acquisition price, cash per share \| $ / shares	$ 29.16
Maximum percentage of total consideration consisting of cash	30%
Number of shares issued as part of consideration \| shares	1,450,272
Value of shares issued in business combination	$ 115,100
Cash paid as consideration	$ 15,400

ACQUISITIONS - Hometown - Fair

ACQUISITIONS - Hometown - Fair value of assets acquired and liabilities assumed (Details) - USD ($) $ in Thousands	Feb. 10, 2023	Jun. 30, 2023	Dec. 31, 2022
ACQUISITIONS
Total assets acquired		$ 615,105
Total liabilities assumed		549,564
Excess of assets acquired over liabilities assumed		65,541
Goodwill		$ 175,104	$ 110,206
Hometown Bancorp, Ltd.
ACQUISITIONS
Cash, cash equivalents and securities	$ 173,572
Other investments	1,195
Loans, net	395,801
Premises and equipment, net	6,468
Core deposit intangible	16,490
Other assets	21,579
Total assets acquired	615,105
Deposits	532,374
Other borrowings	4,669
Junior subordinated debentures	10,908
Other liabilities	1,613
Total liabilities assumed	549,564
Excess of assets acquired over liabilities assumed	65,541
Less: purchase price	130,452
Goodwill	64,911
Refinement to fair value estimates	(21)
Goodwill (after refinement)	64,890
Hometown Bancorp, Ltd. \| Adjustments
ACQUISITIONS
Cash, cash equivalents and securities	(1,010)
Loans, net	(10,367)
Premises and equipment, net	(1,109)
Core deposit intangible	16,085
Other assets	(6,432)
Total assets acquired	(2,833)
Deposits	209
Other borrowings	(331)
Junior subordinated debentures	(1,464)
Other liabilities	1,144
Total liabilities assumed	(442)
Excess of assets acquired over liabilities assumed	(2,391)
Hometown Bancorp, Ltd. \| Previously Reported
ACQUISITIONS
Cash, cash equivalents and securities	174,582
Other investments	1,195
Loans, net	406,168
Premises and equipment, net	7,577
Core deposit intangible	405
Other assets	28,011
Total assets acquired	617,938
Deposits	532,165
Other borrowings	5,000
Junior subordinated debentures	12,372
Other liabilities	469
Total liabilities assumed	550,006
Excess of assets acquired over liabilities assumed	$ 67,932

ACQUISITIONS - Hometown - Loans

ACQUISITIONS - Hometown - Loans purchased through acquisition (Details) - Hometown Bancorp, Ltd. $ in Thousands	Feb. 10, 2023 USD ($)
ACQUISITIONS
Purchase price of PCD loans at acquisition	$ 30,276
Allowance for credit losses on PCD loans at acquisition	5,534
Par value of PCD acquired loans at acquisition	$ 35,810

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
EARNINGS PER SHARE
Antidilutive Securities excluded from computation of earnings per share, amount					0	0
Basic
Net income available to common shareholders	$ 14,132	$ 10,680	$ 11,654	$ 10,183	$ 24,812	$ 21,837
Less: Earnings allocated to participating securities	(80)		(93)		(144)	(172)
Net income available to common shareholders	$ 14,052		$ 11,561		$ 24,668	$ 21,665
Weighted average common shares outstanding including participating securities	10,389,790		7,516,892		10,083,026	7,557,909
Less: Participating securities	(58,065)		(59,449)		(58,467)	(59,170)
Average shares outstanding, basic	10,331,725		7,457,443		10,024,559	7,498,739
Basic earnings per common shares	$ 1.37		$ 1.55		$ 2.46	$ 2.89
Diluted
Net income available to common shareholders	$ 14,132	$ 10,680	$ 11,654	$ 10,183	$ 24,812	$ 21,837
Weighted average common shares outstanding for basic earnings per common share	10,331,725		7,457,443		10,024,559	7,498,739
Add: Dilutive effects of stock based compensation awards	14,850		15,118		22,728	19,027
Average shares and dilutive potential common shares	10,346,575		7,472,561		10,047,287	7,517,766
Diluted earnings per common share	$ 1.37		$ 1.55		$ 2.46	$ 2.89

SECURITIES - Summary of securit

SECURITIES - Summary of securities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Available for sale securities
Amortized Cost	$ 211,767		$ 325,960
Gross Unrealized Gains	49		469
Gross Unrealized Losses	(20,513)		(21,792)
Estimated Fair Value	191,303	$ 191,303	304,637
Held to maturity securities
Amortized Cost	77,708		45,097
Gross Unrealized Gains	122		115
Gross Unrealized Losses	(1,712)		(1,442)
Estimated Fair Value	76,118	$ 76,118	43,770
U.S. Treasury securities
Available for sale securities
Amortized Cost	49,647		149,614
Gross Unrealized Losses	(6,580)		(7,517)
Estimated Fair Value	43,067		142,097
Held to maturity securities
Amortized Cost	73,556		39,902
Gross Unrealized Gains	122		115
Gross Unrealized Losses	(1,711)		(1,440)
Estimated Fair Value	71,967		38,577
Obligations of U.S. Government sponsored agencies
Available for sale securities
Amortized Cost	32,784		24,935
Gross Unrealized Gains	3
Gross Unrealized Losses	(3,411)		(3,186)
Estimated Fair Value	29,376		21,749
Obligations of states and political subdivisions
Available for sale securities
Amortized Cost	63,958		90,701
Gross Unrealized Gains	21		88
Gross Unrealized Losses	(6,474)		(7,603)
Estimated Fair Value	57,505		83,186
Held to maturity securities
Amortized Cost	4,152		5,195
Gross Unrealized Losses	(1)		(2)
Estimated Fair Value	4,151		5,193
Mortgage-backed securities
Available for sale securities
Amortized Cost	43,430		38,701
Gross Unrealized Gains	25
Gross Unrealized Losses	(1,982)		(2,064)
Estimated Fair Value	41,473		36,637
Corporate notes
Available for sale securities
Amortized Cost	20,955		21,005
Gross Unrealized Gains			381
Gross Unrealized Losses	(2,050)		(1,392)
Estimated Fair Value	18,905		19,994
Certificates of deposit
Available for sale securities
Amortized Cost	993		1,004
Gross Unrealized Losses	(16)		(30)
Estimated Fair Value	$ 977		$ 974

SECURITIES - Fair value and gro

SECURITIES - Fair value and gross unrealized losses of securities with unrealized losses (Details) $ in Thousands	Jun. 30, 2023 USD ($) item	Dec. 31, 2022 USD ($) item
Available for Sale
Less Than 12 Months, Fair Value	$ 52,638	$ 203,413
Less Than 12 Months, Unrealized Losses	(2,045)	(6,804)
Greater Than 12 Months, Fair Value	127,244	77,570
Greater Than 12 Months, Unrealized Losses	(18,468)	(14,988)
Total, Fair Value	179,882	280,983
Total, Unrealized Losses	$ (20,513)	$ (21,792)
Number of Securities \| item	228	250
Held to Maturity
Less Than 12 Months, Fair Value	$ 39,973	$ 29,881
Less Than 12 Months, Unrealized Losses	(550)	(1,308)
Greater Than 12 Months, Fair Value	27,913	4,868
Greater Than 12 Months, Unrealized Losses	(1,162)	(134)
Total, Fair Value	67,886	34,749
Total, Unrealized Losses	$ (1,712)	$ (1,442)
Number of Securities \| item	52	17
Debt Securities, Available for Sale, Allowance for credit losses	$ 0
Debt Securities, Held to maturity, Allowance for credit losses	0
U.S. Treasury securities
Available for Sale
Less Than 12 Months, Fair Value		$ 99,433
Less Than 12 Months, Unrealized Losses		(559)
Greater Than 12 Months, Fair Value	43,067	42,664
Greater Than 12 Months, Unrealized Losses	(6,580)	(6,958)
Total, Fair Value	43,067	142,097
Total, Unrealized Losses	$ (6,580)	$ (7,517)
Number of Securities \| item	9	12
Held to Maturity
Less Than 12 Months, Fair Value	$ 39,755	$ 29,464
Less Than 12 Months, Unrealized Losses	(549)	(1,306)
Greater Than 12 Months, Fair Value	27,913	4,868
Greater Than 12 Months, Unrealized Losses	(1,162)	(134)
Total, Fair Value	67,668	34,332
Total, Unrealized Losses	$ (1,711)	$ (1,440)
Number of Securities \| item	51	15
Obligations of U.S. Government sponsored agencies
Available for Sale
Less Than 12 Months, Fair Value	$ 9,517	$ 6,735
Less Than 12 Months, Unrealized Losses	(204)	(652)
Greater Than 12 Months, Fair Value	19,036	15,014
Greater Than 12 Months, Unrealized Losses	(3,207)	(2,534)
Total, Fair Value	28,553	21,749
Total, Unrealized Losses	$ (3,411)	$ (3,186)
Number of Securities \| item	26	16
Obligations of states and political subdivisions
Available for Sale
Less Than 12 Months, Fair Value	$ 13,624	$ 50,839
Less Than 12 Months, Unrealized Losses	(377)	(2,650)
Greater Than 12 Months, Fair Value	38,037	15,933
Greater Than 12 Months, Unrealized Losses	(6,097)	(4,953)
Total, Fair Value	51,661	66,772
Total, Unrealized Losses	$ (6,474)	$ (7,603)
Number of Securities \| item	69	103
Held to Maturity
Less Than 12 Months, Fair Value	$ 218	$ 417
Less Than 12 Months, Unrealized Losses	(1)	(2)
Total, Fair Value	218	417
Total, Unrealized Losses	$ (1)	$ (2)
Number of Securities \| item	1	2
Mortgage-backed securities
Available for Sale
Less Than 12 Months, Fair Value	$ 24,647	$ 35,731
Less Than 12 Months, Unrealized Losses	(1,325)	(1,993)
Greater Than 12 Months, Fair Value	13,933	879
Greater Than 12 Months, Unrealized Losses	(657)	(71)
Total, Fair Value	38,580	36,610
Total, Unrealized Losses	$ (1,982)	$ (2,064)
Number of Securities \| item	111	107
Corporate notes
Available for Sale
Less Than 12 Months, Fair Value	$ 4,850	$ 9,701
Less Than 12 Months, Unrealized Losses	(139)	(920)
Greater Than 12 Months, Fair Value	12,194	3,080
Greater Than 12 Months, Unrealized Losses	(1,911)	(472)
Total, Fair Value	17,044	12,781
Total, Unrealized Losses	$ (2,050)	$ (1,392)
Number of Securities \| item	9	8
Certificates of Deposits
Available for Sale
Less Than 12 Months, Fair Value		$ 974
Less Than 12 Months, Unrealized Losses		(30)
Greater Than 12 Months, Fair Value	$ 977
Greater Than 12 Months, Unrealized Losses	(16)
Total, Fair Value	977	974
Total, Unrealized Losses	$ (16)	$ (30)
Number of Securities \| item	4	4

SECURITIES - Amortized cost and

SECURITIES - Amortized cost and estimated fair value of securities by contractual maturity (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022
Available for Sale, Amortized Cost
Due in one year or less			$ 5,982
Due after one year through 5 years			26,624
Due after 5 years through ten years			79,587
Due after 10 years			56,144
Subtotal			168,337
Mortgage-backed securities			43,430
Amortized Cost	$ 211,767		211,767	$ 325,960
Available for Sale, Estimated Fair Value
Due in one year or less			5,828
Due after one year through 5 years			24,737
Due after 5 years through ten years			70,436
Due after 10 years			48,829
Subtotal			149,830
Mortgage-backed securities			41,473
Total	191,303		191,303	304,637
Held to Maturity, Amortized Cost
Due in one year or less			9,907
Due after one year through 5 years			62,753
Due after 5 years through ten years			5,048
Subtotal			77,708
Amortized Cost	77,708		77,708	45,097
Held to Maturity, Estimated Fair Value
Due in one year or less			9,794
Due after one year through 5 years			61,154
Due after 5 years through ten years			5,170
Subtotal			76,118
Total	76,118		$ 76,118	43,770
Additional disclosures
Carrying values of pledged securities	161,800			$ 226,900
Proceeds from sale of securities available for sale	34,200	$ 0
Gross gains	100
Gross losses	$ 200

LOANS, ALLOWANCE FOR LOAN LOSSE

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Total loans by portfolio segment and class of loan (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Subtotals	$ 3,316,468	$ 2,894,809
ACL - Loans	(43,409)	(22,680)
Loans, net of ACL - Loans	3,273,059	2,872,129
Deferred loan fees, net	(1,987)	(831)
Loans, net	3,271,072	2,871,298
Commercial/Industrial
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Subtotals	534,323	492,563
ACL - Loans	(7,150)	(4,071)
Commercial Real Estate - Owner Occupied
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Subtotals	905,763	717,401
ACL - Loans	(12,851)	(5,204)
Commercial Real Estate - Non-Owner Occupied
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Subtotals	760,808	681,783
ACL - Loans	(8,399)	(5,405)
Construction and development
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Subtotals	183,520	200,022
ACL - Loans	(3,238)	(1,592)
Residential 1-4 Family
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Subtotals	867,156	739,339
ACL - Loans	(10,645)	(5,944)
Consumer
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Subtotals	49,256	44,796
ACL - Loans	(1,013)	(314)
Other
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Subtotals	15,642	18,905
ACL - Loans	$ (113)	$ (150)

LOANS, ALLOWANCE FOR LOAN LOS_2

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Rollforward of activity in the ACL - Loans (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	$ 22,680
ACL on PCD loans acquired	5,534
Charge-offs	(55)
Recoveries	186
Provision	4,092	$ 1,700	$ 2,200
ACL - Loans, Ending balance	43,409		22,680
Adoption of CECL
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	10,972
ACL - Loans, Ending balance			10,972
Commercial/Industrial
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	4,071
ACL on PCD loans acquired	1,082
Recoveries	3
Provision	135
ACL - Loans, Ending balance	7,150		4,071
Commercial/Industrial \| Adoption of CECL
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	1,859
ACL - Loans, Ending balance			1,859
Commercial Real Estate - Owner Occupied
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	5,204
ACL on PCD loans acquired	4,424
Recoveries	70
Provision	1,171
ACL - Loans, Ending balance	12,851		5,204
Commercial Real Estate - Owner Occupied \| Adoption of CECL
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	1,982
ACL - Loans, Ending balance			1,982
Commercial Real Estate - Non-Owner Occupied
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	5,405
Provision	1,080
ACL - Loans, Ending balance	8,399		5,405
Commercial Real Estate - Non-Owner Occupied \| Adoption of CECL
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	1,914
ACL - Loans, Ending balance			1,914
Construction and development
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	1,592
Provision	(417)
ACL - Loans, Ending balance	3,238		1,592
Construction and development \| Adoption of CECL
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	2,063
ACL - Loans, Ending balance			2,063
Residential 1-4 Family
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	5,944
ACL on PCD loans acquired	28
Recoveries	102
Provision	2,004
ACL - Loans, Ending balance	10,645		5,944
Residential 1-4 Family \| Adoption of CECL
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	2,567
ACL - Loans, Ending balance			2,567
Consumer
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	314
Recoveries	3
Provision	76
ACL - Loans, Ending balance	1,013		314
Consumer \| Adoption of CECL
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	620
ACL - Loans, Ending balance			620
Other
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	150
Charge-offs	(55)
Recoveries	8
Provision	43
ACL - Loans, Ending balance	113		150
Other \| Adoption of CECL
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ACL - Loans, Beginning balance	$ (33)
ACL - Loans, Ending balance			$ (33)

LOANS, ALLOWANCE FOR LOAN LOS_3

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Rollforward of activity in the ALL (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2022
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ALL - Beginning Balance	$ 20,315
Charge-offs	57
Recoveries	741
Provision	1,700
ALL - Ending Balance	22,699
ALL ending balance individually evaluated for impairment	944
ALL ending balance collectively evaluated for impairment	21,755
Loans outstanding - Ending Balance	2,388,440	$ 2,893,978
Loans ending balance individually evaluated for impairment	4,907
Loans ending balance collectively evaluated for impairment	2,383,533
Commercial/Industrial
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ALL - Beginning Balance	3,699
Recoveries	454
Provision	182
ALL - Ending Balance	4,335
ALL ending balance individually evaluated for impairment	150
ALL ending balance collectively evaluated for impairment	4,185
Loans outstanding - Ending Balance	394,999	492,450
Loans ending balance individually evaluated for impairment	694
Loans ending balance collectively evaluated for impairment	394,305
Commercial Real Estate - Owner Occupied
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ALL - Beginning Balance	5,633
Recoveries	74
Provision	706
ALL - Ending Balance	6,413
ALL ending balance collectively evaluated for impairment	6,413
Loans outstanding - Ending Balance	589,018	716,963
Loans ending balance individually evaluated for impairment	2,578
Loans ending balance collectively evaluated for impairment	586,440
Commercial Real Estate - Non-Owner Occupied
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ALL - Beginning Balance	5,151
Recoveries	3
Provision	261
ALL - Ending Balance	5,415
ALL ending balance individually evaluated for impairment	794
ALL ending balance collectively evaluated for impairment	4,621
Loans outstanding - Ending Balance	575,106	681,620
Loans ending balance individually evaluated for impairment	1,417
Loans ending balance collectively evaluated for impairment	573,689
Construction and development
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ALL - Beginning Balance	984
Recoveries	152
Provision	46
ALL - Ending Balance	1,182
ALL ending balance collectively evaluated for impairment	1,182
Loans outstanding - Ending Balance	158,742	199,708
Loans ending balance collectively evaluated for impairment	158,742
Residential 1-4 Family
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ALL - Beginning Balance	4,445
Charge-offs	39
Recoveries	5
Provision	555
ALL - Ending Balance	4,966
ALL ending balance collectively evaluated for impairment	4,966
Loans outstanding - Ending Balance	616,609	739,514
Loans ending balance individually evaluated for impairment	218
Loans ending balance collectively evaluated for impairment	616,391
Consumer
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ALL - Beginning Balance	224
Provision	24
ALL - Ending Balance	248
ALL ending balance collectively evaluated for impairment	248
Loans outstanding - Ending Balance	35,365	44,963
Loans ending balance collectively evaluated for impairment	35,365
Other
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
ALL - Beginning Balance	179
Charge-offs	18
Recoveries	53
Provision	(74)
ALL - Ending Balance	140
ALL ending balance collectively evaluated for impairment	140
Loans outstanding - Ending Balance	18,601	$ 18,760
Loans ending balance collectively evaluated for impairment	$ 18,601

LOANS, ALLOWANCE FOR LOAN LOS_4

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - ACL-Unfunded commitments (Details) $ in Millions	Jun. 30, 2023 USD ($)
Other liabilities
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Reserve for unfunded commitments	$ 3.5

LOANS, ALLOWANCE FOR LOAN LOS_5

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Provision for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Provision for credit losses on:
Loans		$ 4,092	$ 1,700	$ 2,200
Unfunded commitments		90
Total provision for credit losses	$ 500	$ 4,182	$ 1,700	$ 2,200

LOANS, ALLOWANCE FOR LOAN LOS_6

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Past due and non-accrual loans (Details) - Past Due - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
30-89 Days Past Due Accruing	$ 1,128
90 Days or more Past Due and Accruing	601
Non-Accrual	4,600
Total	6,329
Non-Accrual with no specifically allocated ACL	3,862
30-89 Days Past Due Accruing		$ 2,523
90 Days or more Past Due and Accruing		273
Non-Accrual		3,628
Total		6,424
Commercial/Industrial
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
30-89 Days Past Due Accruing	78
90 Days or more Past Due and Accruing	175
Non-Accrual	785
Total	1,038
Non-Accrual with no specifically allocated ACL	47
30-89 Days Past Due Accruing		192
Non-Accrual		418
Total		610
Commercial Real Estate - Owner Occupied
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
30-89 Days Past Due Accruing	190
Non-Accrual	3,334
Total	3,524
Non-Accrual with no specifically allocated ACL	3,334
30-89 Days Past Due Accruing		1,301
Non-Accrual		2,688
Total		3,989
Construction and development
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
30-89 Days Past Due Accruing		237
Non-Accrual		17
Total		254
Residential 1-4 Family
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
30-89 Days Past Due Accruing	847
90 Days or more Past Due and Accruing	422
Non-Accrual	467
Total	1,736
Non-Accrual with no specifically allocated ACL	467
30-89 Days Past Due Accruing		774
90 Days or more Past Due and Accruing		268
Non-Accrual		505
Total		1,547
Consumer
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
30-89 Days Past Due Accruing	13
90 Days or more Past Due and Accruing	4
Non-Accrual	14
Total	31
Non-Accrual with no specifically allocated ACL	$ 14
30-89 Days Past Due Accruing		19
90 Days or more Past Due and Accruing		5
Total		$ 24

LOANS, ALLOWANCE FOR LOAN LOS_7

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Collateral dependent loans (Details) $ in Thousands	Jun. 30, 2023 USD ($)
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Without an Allowance	$ 3,277
With an Allowance	15,091
Allowance Allocation	5,331
Total
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Collateral dependent loans	18,368
Real Estate
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Collateral dependent loans	16,763
Other Business Assets
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Collateral dependent loans	1,605
Commercial/Industrial
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
With an Allowance	1,605
Allowance Allocation	1,277
Commercial/Industrial \| Total
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Collateral dependent loans	1,605
Commercial/Industrial \| Other Business Assets
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Collateral dependent loans	1,605
Commercial Real Estate - Owner Occupied
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Without an Allowance	3,277
With an Allowance	13,486
Allowance Allocation	4,054
Commercial Real Estate - Owner Occupied \| Total
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Collateral dependent loans	16,763
Commercial Real Estate - Owner Occupied \| Real Estate
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Collateral dependent loans	$ 16,763

LOANS, ALLOWANCE FOR LOAN LOS_8

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Summary of impaired loans individually evaluated (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
With an allowance recorded:
Recorded investment	$ 18
Unpaid principal balance	18
Related allowance	8
With no related allowance recorded:
Recorded investment	3,468
Unpaid principal balance	3,468
Total:
Recorded investment	3,486
Unpaid Principal Balance	3,486
Related allowance	8
Average recorded investment	5,341
Commercial/Industrial
With no related allowance recorded:
Recorded investment	284
Unpaid principal balance	284
Total:
Recorded investment	284
Unpaid Principal Balance	284
Average recorded investment	361
Commercial Real Estate - Owner Occupied
With no related allowance recorded:
Recorded investment	2,487
Unpaid principal balance	2,487
Total:
Recorded investment	2,487
Unpaid Principal Balance	2,487
Average recorded investment	3,726
Commercial real estate - non-owner occupied
With an allowance recorded:
Recorded investment	18
Unpaid principal balance	18
Related allowance	8
With no related allowance recorded:
Recorded investment	497
Unpaid principal balance	497
Total:
Recorded investment	515
Unpaid Principal Balance	515
Related allowance	8
Average recorded investment	1,017
Residential 1-4 Family
With no related allowance recorded:
Recorded investment	200
Unpaid principal balance	200
Total:
Recorded investment	200
Unpaid Principal Balance	200
Average recorded investment	$ 237

LOANS, ALLOWANCE FOR LOAN LOS_9

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Total loans by risk ratings and year of origination (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	$ 3,316,468	$ 2,894,809
2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	198,131
2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	697,311
2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	820,553
2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	527,825
2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	225,690
Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	561,990
Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	284,968
Commercial/Industrial
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	534,323	492,563
Commercial/Industrial \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	47,774
Commercial/Industrial \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	148,459
Commercial/Industrial \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	95,858
Commercial/Industrial \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	69,129
Commercial/Industrial \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	18,796
Commercial/Industrial \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	31,762
Commercial/Industrial \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	122,545
Commercial/Industrial \| Grades 1-4
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	470,778
Commercial/Industrial \| Grades 1-4 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	45,751
Commercial/Industrial \| Grades 1-4 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	142,793
Commercial/Industrial \| Grades 1-4 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	75,388
Commercial/Industrial \| Grades 1-4 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	63,403
Commercial/Industrial \| Grades 1-4 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	15,001
Commercial/Industrial \| Grades 1-4 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	25,878
Commercial/Industrial \| Grades 1-4 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	102,564
Commercial/Industrial \| Grade 5
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	46,130
Commercial/Industrial \| Grade 5 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,903
Commercial/Industrial \| Grade 5 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,217
Commercial/Industrial \| Grade 5 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	13,698
Commercial/Industrial \| Grade 5 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,869
Commercial/Industrial \| Grade 5 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,907
Commercial/Industrial \| Grade 5 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	4,780
Commercial/Industrial \| Grade 5 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	16,756
Commercial/Industrial \| Grade 6
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,916
Commercial/Industrial \| Grade 6 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	216
Commercial/Industrial \| Grade 6 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	762
Commercial/Industrial \| Grade 6 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	7
Commercial/Industrial \| Grade 6 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	931
Commercial/Industrial \| Grade 7
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	15,499
Commercial/Industrial \| Grade 7 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	120
Commercial/Industrial \| Grade 7 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	233
Commercial/Industrial \| Grade 7 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	6,010
Commercial/Industrial \| Grade 7 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	3,857
Commercial/Industrial \| Grade 7 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,888
Commercial/Industrial \| Grade 7 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,097
Commercial/Industrial \| Grade 7 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,294
Commercial Real Estate - Owner Occupied
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	905,763	717,401
Commercial Real Estate - Owner Occupied \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	22,777
Commercial Real Estate - Owner Occupied \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	131,192
Commercial Real Estate - Owner Occupied \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	209,648
Commercial Real Estate - Owner Occupied \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	142,341
Commercial Real Estate - Owner Occupied \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	80,027
Commercial Real Estate - Owner Occupied \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	254,686
Commercial Real Estate - Owner Occupied \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	65,092
Commercial Real Estate - Owner Occupied \| Grades 1-4
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	762,373
Commercial Real Estate - Owner Occupied \| Grades 1-4 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	19,174
Commercial Real Estate - Owner Occupied \| Grades 1-4 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	106,813
Commercial Real Estate - Owner Occupied \| Grades 1-4 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	191,210
Commercial Real Estate - Owner Occupied \| Grades 1-4 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	127,458
Commercial Real Estate - Owner Occupied \| Grades 1-4 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	58,225
Commercial Real Estate - Owner Occupied \| Grades 1-4 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	207,706
Commercial Real Estate - Owner Occupied \| Grades 1-4 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	51,787
Commercial Real Estate - Owner Occupied \| Grade 5
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	85,286
Commercial Real Estate - Owner Occupied \| Grade 5 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,982
Commercial Real Estate - Owner Occupied \| Grade 5 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	18,339
Commercial Real Estate - Owner Occupied \| Grade 5 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	15,943
Commercial Real Estate - Owner Occupied \| Grade 5 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,617
Commercial Real Estate - Owner Occupied \| Grade 5 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,905
Commercial Real Estate - Owner Occupied \| Grade 5 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	30,001
Commercial Real Estate - Owner Occupied \| Grade 5 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	6,499
Commercial Real Estate - Owner Occupied \| Grade 6
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,409
Commercial Real Estate - Owner Occupied \| Grade 6 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	257
Commercial Real Estate - Owner Occupied \| Grade 6 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,177
Commercial Real Estate - Owner Occupied \| Grade 6 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	447
Commercial Real Estate - Owner Occupied \| Grade 6 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,606
Commercial Real Estate - Owner Occupied \| Grade 6 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	729
Commercial Real Estate - Owner Occupied \| Grade 6 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,193
Commercial Real Estate - Owner Occupied \| Grade 7
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	52,695
Commercial Real Estate - Owner Occupied \| Grade 7 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	621
Commercial Real Estate - Owner Occupied \| Grade 7 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,783
Commercial Real Estate - Owner Occupied \| Grade 7 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,318
Commercial Real Estate - Owner Occupied \| Grade 7 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	8,819
Commercial Real Estate - Owner Occupied \| Grade 7 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	14,291
Commercial Real Estate - Owner Occupied \| Grade 7 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	16,250
Commercial Real Estate - Owner Occupied \| Grade 7 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,613
Commercial Real Estate - Non-Owner Occupied
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	760,808	681,783
Commercial Real Estate - Non-Owner Occupied \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	23,115
Commercial Real Estate - Non-Owner Occupied \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	97,228
Commercial Real Estate - Non-Owner Occupied \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	250,743
Commercial Real Estate - Non-Owner Occupied \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	133,333
Commercial Real Estate - Non-Owner Occupied \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	77,330
Commercial Real Estate - Non-Owner Occupied \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	165,190
Commercial Real Estate - Non-Owner Occupied \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	13,869
Commercial Real Estate - Non-Owner Occupied \| Grades 1-4
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	729,795
Commercial Real Estate - Non-Owner Occupied \| Grades 1-4 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	22,152
Commercial Real Estate - Non-Owner Occupied \| Grades 1-4 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	94,708
Commercial Real Estate - Non-Owner Occupied \| Grades 1-4 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	237,008
Commercial Real Estate - Non-Owner Occupied \| Grades 1-4 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	129,194
Commercial Real Estate - Non-Owner Occupied \| Grades 1-4 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	74,477
Commercial Real Estate - Non-Owner Occupied \| Grades 1-4 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	158,387
Commercial Real Estate - Non-Owner Occupied \| Grades 1-4 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	13,869
Commercial Real Estate - Non-Owner Occupied \| Grade 5
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	26,325
Commercial Real Estate - Non-Owner Occupied \| Grade 5 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	963
Commercial Real Estate - Non-Owner Occupied \| Grade 5 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,520
Commercial Real Estate - Non-Owner Occupied \| Grade 5 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	13,670
Commercial Real Estate - Non-Owner Occupied \| Grade 5 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	3,767
Commercial Real Estate - Non-Owner Occupied \| Grade 5 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,837
Commercial Real Estate - Non-Owner Occupied \| Grade 5 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,568
Commercial Real Estate - Non-Owner Occupied \| Grade 6
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	73
Commercial Real Estate - Non-Owner Occupied \| Grade 6 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	73
Commercial Real Estate - Non-Owner Occupied \| Grade 7
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	4,615
Commercial Real Estate - Non-Owner Occupied \| Grade 7 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	65
Commercial Real Estate - Non-Owner Occupied \| Grade 7 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	372
Commercial Real Estate - Non-Owner Occupied \| Grade 7 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	16
Commercial Real Estate - Non-Owner Occupied \| Grade 7 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	4,162
Construction and development
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	183,520	200,022
Construction and development \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	26,997
Construction and development \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	94,851
Construction and development \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	45,065
Construction and development \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	6,716
Construction and development \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,019
Construction and development \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	6,114
Construction and development \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,758
Construction and development \| Grades 1-4
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	156,396
Construction and development \| Grades 1-4 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	19,167
Construction and development \| Grades 1-4 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	82,547
Construction and development \| Grades 1-4 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	41,133
Construction and development \| Grades 1-4 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,741
Construction and development \| Grades 1-4 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,957
Construction and development \| Grades 1-4 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,119
Construction and development \| Grades 1-4 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	732
Construction and development \| Grade 5
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	24,411
Construction and development \| Grade 5 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	7,830
Construction and development \| Grade 5 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	12,304
Construction and development \| Grade 5 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	3,521
Construction and development \| Grade 5 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	54
Construction and development \| Grade 5 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	62
Construction and development \| Grade 5 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	190
Construction and development \| Grade 5 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	450
Construction and development \| Grade 6
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	411
Construction and development \| Grade 6 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	411
Construction and development \| Grade 7
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,302
Construction and development \| Grade 7 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	921
Construction and development \| Grade 7 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	805
Construction and development \| Grade 7 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	576
Residential 1-4 Family
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	867,156	739,339
Residential 1-4 Family \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	61,695
Residential 1-4 Family \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	209,215
Residential 1-4 Family \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	210,423
Residential 1-4 Family \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	169,261
Residential 1-4 Family \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	45,763
Residential 1-4 Family \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	92,319
Residential 1-4 Family \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	78,480
Residential 1-4 Family \| Grades 1-4
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	853,900
Residential 1-4 Family \| Grades 1-4 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	60,308
Residential 1-4 Family \| Grades 1-4 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	205,441
Residential 1-4 Family \| Grades 1-4 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	209,510
Residential 1-4 Family \| Grades 1-4 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	168,135
Residential 1-4 Family \| Grades 1-4 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	45,265
Residential 1-4 Family \| Grades 1-4 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	87,437
Residential 1-4 Family \| Grades 1-4 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	77,804
Residential 1-4 Family \| Grade 5
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	8,376
Residential 1-4 Family \| Grade 5 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,193
Residential 1-4 Family \| Grade 5 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	3,357
Residential 1-4 Family \| Grade 5 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	798
Residential 1-4 Family \| Grade 5 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	79
Residential 1-4 Family \| Grade 5 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	393
Residential 1-4 Family \| Grade 5 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,140
Residential 1-4 Family \| Grade 5 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	416
Residential 1-4 Family \| Grade 6
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	517
Residential 1-4 Family \| Grade 6 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	162
Residential 1-4 Family \| Grade 6 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	85
Residential 1-4 Family \| Grade 6 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	183
Residential 1-4 Family \| Grade 6 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	87
Residential 1-4 Family \| Grade 7
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	4,363
Residential 1-4 Family \| Grade 7 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	32
Residential 1-4 Family \| Grade 7 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	417
Residential 1-4 Family \| Grade 7 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	30
Residential 1-4 Family \| Grade 7 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,047
Residential 1-4 Family \| Grade 7 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	105
Residential 1-4 Family \| Grade 7 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,559
Residential 1-4 Family \| Grade 7 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	173
Consumer
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	49,256	44,796
Consumer \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	15,558
Consumer \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	15,670
Consumer \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	8,215
Consumer \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,712
Consumer \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,677
Consumer \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,510
Consumer \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	914
Consumer \| Grades 1-4
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	49,240
Consumer \| Grades 1-4 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	15,558
Consumer \| Grades 1-4 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	15,670
Consumer \| Grades 1-4 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	8,215
Consumer \| Grades 1-4 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	5,712
Consumer \| Grades 1-4 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,677
Consumer \| Grades 1-4 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,494
Consumer \| Grades 1-4 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	914
Consumer \| Grade 7
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	16
Consumer \| Grade 7 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	16
Other
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	15,642	$ 18,905
Current-period gross charge-offs	55
Other \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	215
Other \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	696
Other \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	601
Other \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,333
Other \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	78
Other \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	10,409
Other \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,310
Current-period gross charge-offs	55
Other \| Grades 1-4
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	15,550
Other \| Grades 1-4 \| 2032
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	215
Other \| Grades 1-4 \| 2022
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	696
Other \| Grades 1-4 \| 2021
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	601
Other \| Grades 1-4 \| 2020
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	1,333
Other \| Grades 1-4 \| 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	78
Other \| Grades 1-4 \| Prior to 2019
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	10,409
Other \| Grades 1-4 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	2,218
Other \| Grade 5
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	92
Other \| Grade 5 \| Revolving
LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY
Total loans	$ 92

LOANS, ALLOWANCE FOR LOAN LO_10

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Breakdown of loans by risk rating (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Loans
Gross loans	$ 2,893,978	$ 2,388,440
Commercial/Industrial
Loans
Gross loans	492,450	394,999
Commercial Real Estate - Owner Occupied
Loans
Gross loans	716,963	589,018
Commercial real estate - non-owner occupied
Loans
Gross loans	681,620	575,106
Construction and development
Loans
Gross loans	199,708	158,742
Residential 1-4 Family
Loans
Gross loans	739,514	616,609
Consumer
Loans
Gross loans	44,963	35,365
Other
Loans
Gross loans	18,760	$ 18,601
Risk Rating, Pass (1-5)
Loans
Gross loans	2,816,323
Risk Rating, Pass (1-5) \| Commercial/Industrial
Loans
Gross loans	474,586
Risk Rating, Pass (1-5) \| Commercial Real Estate - Owner Occupied
Loans
Gross loans	665,986
Risk Rating, Pass (1-5) \| Commercial real estate - non-owner occupied
Loans
Gross loans	677,303
Risk Rating, Pass (1-5) \| Construction and development
Loans
Gross loans	198,581
Risk Rating, Pass (1-5) \| Residential 1-4 Family
Loans
Gross loans	736,146
Risk Rating, Pass (1-5) \| Consumer
Loans
Gross loans	44,961
Risk Rating, Pass (1-5) \| Other
Loans
Gross loans	18,760
Risk Rating, 6
Loans
Gross loans	11,890
Risk Rating, 6 \| Commercial/Industrial
Loans
Gross loans	3,708
Risk Rating, 6 \| Commercial Real Estate - Owner Occupied
Loans
Gross loans	8,031
Risk Rating, 6 \| Residential 1-4 Family
Loans
Gross loans	151
Risk Rating, 7
Loans
Gross loans	65,765
Risk Rating, 7 \| Commercial/Industrial
Loans
Gross loans	14,156
Risk Rating, 7 \| Commercial Real Estate - Owner Occupied
Loans
Gross loans	42,946
Risk Rating, 7 \| Commercial real estate - non-owner occupied
Loans
Gross loans	4,317
Risk Rating, 7 \| Construction and development
Loans
Gross loans	1,127
Risk Rating, 7 \| Residential 1-4 Family
Loans
Gross loans	3,217
Risk Rating, 7 \| Consumer
Loans
Gross loans	$ 2

LOANS, ALLOWANCE FOR LOAN LO_11

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Loans acquired with deteriorated credit quality (Details) $ in Thousands	Dec. 31, 2022 USD ($)
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Recorded investment	$ 3,486
Unpaid Principal Balance	3,486
Financial Asset Acquired with Credit Deterioration
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Recorded investment	4,075
Unpaid Principal Balance	4,979
Commercial/Industrial
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Recorded investment	284
Unpaid Principal Balance	284
Commercial/Industrial \| Financial Asset Acquired with Credit Deterioration
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Recorded investment	712
Unpaid Principal Balance	1,091
Commercial Real Estate - Owner Occupied
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Recorded investment	2,487
Unpaid Principal Balance	2,487
Commercial Real Estate - Owner Occupied \| Financial Asset Acquired with Credit Deterioration
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Recorded investment	2,539
Unpaid Principal Balance	2,843
Commercial Real Estate - Non-Owner Occupied
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Recorded investment	515
Unpaid Principal Balance	515
Residential 1-4 Family
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Recorded investment	200
Unpaid Principal Balance	200
Residential 1-4 Family \| Financial Asset Acquired with Credit Deterioration
LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY
Recorded investment	824
Unpaid Principal Balance	$ 1,045

LOANS, ALLOWANCE FOR LOAN LO_12

LOANS, ALLOWANCE FOR LOAN LOSSES, AND CREDIT QUALITY - Change in the accretable and non-accretable components of discounts on loans acquired with deteriorated credit quality (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2022
Accretable discount
Loans
Balance at beginning of period	$ 813	$ 813
Acquired balance, net		292
Reclassifications between accretable and non-accretable	13	135
Accretion to loan interest income	(250)	(561)
Balance at end of period	576	679
Non-accretable discount
Loans
Balance at beginning of period	149	149
Acquired balance, net		211
Reclassifications between accretable and non-accretable	(13)	(135)
Balance at end of period	$ 136	$ 225

MORTGAGE SERVICING RIGHTS (Deta

MORTGAGE SERVICING RIGHTS (Details) $ in Thousands	6 Months Ended	12 Months Ended
MORTGAGE SERVICING RIGHTS (Details) $ in Thousands	Jun. 30, 2023 USD ($) item M	Dec. 31, 2022 USD ($) item M
Mortgage Servicing Rights
Fair value at beginning of period	$ 9,582	$ 5,016
Servicing asset additions	389	771
Loan payments and payoffs	(787)	(918)
Changes in valuation inputs and assumptions used in the valuation model	629	3,012
Amount recognized through earnings	231	2,865
MSR asset acquired	3,691	1,701
Fair value at end of period	13,504	9,582
Unpaid principal balance of loans serviced for others	$ 1,192,197	$ 866,941
MSR asset, measurement input	0.0113	0.0111
Measurement Input, Prepayment Rate
Mortgage Servicing Rights
MSR asset, measurement input \| M	7.9	7.9
Measurement Input, Discount Rate
Mortgage Servicing Rights
MSR asset, measurement input \| item	0.1020	0.1021

NOTES PAYABLE - FHLB advances (

NOTES PAYABLE - FHLB advances (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Notes Payable
Notes payable, before adjustments	$ 36,108	$ 1,915
Purchase accounting adjustment	(283)	14
Total notes payable	$ 35,825	$ 1,929
Fixed rate, fixed term, Maturity 06/01/2023
Notes Payable
Rate		1.79%
Notes payable, before adjustments		$ 807
Fixed rate, fixed term, Maturity 11/21/2023
Notes Payable
Rate	3.06%	3.06%
Notes payable, before adjustments	$ 600	$ 600
Fixed rate, fixed term, Maturity 03/23/2026
Notes Payable
Rate	4.02%
Notes payable, before adjustments	$ 10,000
Fixed rate, putable, Maturity 05/26/2026
Notes Payable
Rate	1.95%
Notes payable, before adjustments	$ 5,000
Fixed rate, fixed term, Maturity 03/23/2027
Notes Payable
Rate	3.91%
Notes payable, before adjustments	$ 10,000
Fixed rate, fixed term, Maturity 03/23/2028
Notes Payable
Rate	3.85%
Notes payable, before adjustments	$ 10,000
Fixed rate, fixed term, Maturity 04/22/2030
Notes Payable
Rate	0%	0%
Notes payable, before adjustments	$ 508	$ 508

NOTES PAYABLE- Future maturitie

NOTES PAYABLE- Future maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
NOTES PAYABLE
1 year or less	$ 600	$ 1,407
1 to 2 years
2 to 3 years	15,000
3 to 4 years	10,000
4 to 5 years	10,000
Over 5 years	508	508
Total	$ 36,108	$ 1,915

NOTES PAYABLE - Additional Info

NOTES PAYABLE - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022	May 15, 2022
NOTES PAYABLE
Borrowing availability at the FHLB	$ 775.6
Maximum borrowing capacity			$ 7.5
Line of credit
NOTES PAYABLE
Outstanding balance	$ 0	$ 0

SUBORDINATED NOTES AND JUNIOR_2

SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES (Details) $ in Thousands	1 Months Ended
	Aug. 31, 2022	Jul. 31, 2020 item	Sep. 30, 2017 item	Jun. 30, 2023 USD ($)	Feb. 28, 2023 USD ($)	Dec. 31, 2022 USD ($)
SUBORDINATED NOTES
Outstanding balance				$ 23,500		$ 23,500
Subordinated Notes, September 2017
SUBORDINATED NOTES
Number of banks participating in note agreement \| item			3
Outstanding balance				11,500		11,500
Maturity term			10 years
Subordinated Notes, July 2020
SUBORDINATED NOTES
Number of banks participating in note agreement \| item		2
Outstanding balance				6,000		$ 6,000
Maturity term		10 years
Interest at fixed rate (as a percent)		5%
Subordinated Notes, August 2022
SUBORDINATED NOTES
Outstanding balance				6,000
Maturity term	10 years
Interest at fixed rate (as a percent)	5.25%
Subordinated Notes, Hometown Bancorp, Ltd. Capital Trust I and II
SUBORDINATED NOTES
Tier 1 capital					$ 12,000
Applicable discounts				$ 1,400
Subordinated Notes, Hometown Bancorp, Ltd. Capital Trust I
SUBORDINATED NOTES
Outstanding balance					4,100
Subordinated Notes, Hometown Bancorp, Ltd. Capital Trust II
SUBORDINATED NOTES
Outstanding balance					$ 8,200

REGULATORY MATTERS (Details)

REGULATORY MATTERS (Details) $ in Thousands	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
REGULATORY MATTERS
Threshold amount subject to the Federal Reserve's Small Bank Holding Company Policy Statement	$ 3,000,000
Minimum conservation buffer	0.025	0.025
Standardized Approach
Total capital (to risk-weighted assets):
Actual, Amount	$ 458,698	$ 387,814
Actual, Ratio	0.1289	0.1223
For Capital Adequacy Purposes, Amount	$ 284,759	$ 253,689
For Capital Adequacy Purposes, Ratio	0.0800	0.0800
Minimum Capital Adequacy with Capital Buffer, Amount	$ 373,747	$ 332,967
Minimum Capital Adequacy with Capital Buffer, Ratio	0.1050	0.1050
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 355,949	$ 317,112
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.1000	0.1000
Tier 1 capital (to risk-weighted assets):
Actual, Amount	$ 400,018	$ 341,634
Actual, Ratio	0.1124	0.1077
For Capital Adequacy Purposes, Amount	$ 213,570	$ 190,267
For Capital Adequacy Purposes, Ratio	0.0600	0.0600
Minimum Capital Adequacy with Capital Buffer, Amount	$ 302,557	$ 269,545
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0850	0.0850
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 284,759	$ 253,689
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0800	0.0800
Common Equity Tier 1 capital (to risk-weighted assets):
Actual, Amount	$ 388,018	$ 341,634
Actual, Ratio	0.1090	0.1077
For Capital Adequacy Purposes, Amount	$ 160,177	$ 142,700
For Capital Adequacy Purposes, Ratio	0.0450	0.0450
Minimum Capital Adequacy with Capital Buffer, Amount	$ 249,164	$ 221,978
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0700	0.0700
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 231,367	$ 206,123
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0650	0.0650
Tier 1 capital (to average assets):
Actual, Amount	$ 400,018	$ 341,634
Actual, Ratio	0.1025	0.0969
For Capital Adequacy Purposes, Amount	$ 156,117	$ 140,992
For Capital Adequacy Purposes, Ratio	0.0400	0.0400
Minimum Capital Adequacy with Capital Buffer, Amount	$ 156,117	$ 140,992
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0400	0.0400
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 195,146	$ 176,240
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0500	0.0500
Bank \| Standardized Approach
Total capital (to risk-weighted assets):
Actual, Amount	$ 436,571	$ 372,312
Actual, Ratio	0.1227	0.1175
For Capital Adequacy Purposes, Amount	$ 284,567	$ 253,504
For Capital Adequacy Purposes, Ratio	0.0800	0.0800
Minimum Capital Adequacy with Capital Buffer, Amount	$ 373,494	$ 332,724
Minimum Capital Adequacy with Capital Buffer, Ratio	0.1050	0.1050
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 355,709	$ 316,880
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.1000	0.1000
Tier 1 capital (to risk-weighted assets):
Actual, Amount	$ 401,391	$ 349,632
Actual, Ratio	0.1128	0.1103
For Capital Adequacy Purposes, Amount	$ 213,425	$ 190,128
For Capital Adequacy Purposes, Ratio	0.0600	0.0600
Minimum Capital Adequacy with Capital Buffer, Amount	$ 302,352	$ 269,348
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0850	0.0850
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 284,567	$ 253,504
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0800	0.0800
Common Equity Tier 1 capital (to risk-weighted assets):
Actual, Amount	$ 401,391	$ 349,632
Actual, Ratio	0.1128	0.1103
For Capital Adequacy Purposes, Amount	$ 160,069	$ 142,596
For Capital Adequacy Purposes, Ratio	0.0450	0.0450
Minimum Capital Adequacy with Capital Buffer, Amount	$ 248,996	$ 221,816
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0700	0.0700
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 231,211	$ 205,972
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0650	0.0650
Tier 1 capital (to average assets):
Actual, Amount	$ 401,391	$ 349,632
Actual, Ratio	0.1027	0.0993
For Capital Adequacy Purposes, Amount	$ 156,349	$ 140,887
For Capital Adequacy Purposes, Ratio	0.0400	0.0400
Minimum Capital Adequacy with Capital Buffer, Amount	$ 156,349	$ 140,887
Minimum Capital Adequacy with Capital Buffer, Ratio	0.0400	0.0400
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 195,436	$ 176,108
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0500	0.0500

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Interest rate lock commitments
Commitments and contingencies
Notional amount of derivatives	$ 9,200	$ 3,700
Fixed
Commitments and contingencies
Commitments to extend credit, Notional Amount	115,231	120,906
Variable
Commitments and contingencies
Commitments to extend credit, Notional Amount	662,118	539,658
Credit card arrangements
Commitments and contingencies
Commitments to extend credit, Notional Amount	19,386	17,364
Letters of credit
Commitments and contingencies
Commitments to extend credit, Notional Amount	$ 11,306	$ 10,343

FAIR VALUE MEASUREMENTS - Fair

FAIR VALUE MEASUREMENTS - Fair value of assets measured on a recurring basis (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
Assets
Mortgage servicing rights	$ 13,504	$ 9,582	$ 5,016
Recurring
Assets
Mortgage servicing rights	13,504	9,582
Recurring \| U.S. Treasury securities
Assets
Securities available for sale	43,067	142,097
Recurring \| Obligations of U.S. Government sponsored agencies
Assets
Securities available for sale	29,376	21,749
Recurring \| Obligations of states and political subdivisions
Assets
Securities available for sale	57,505	83,186
Recurring \| Mortgage-backed securities
Assets
Securities available for sale	41,473	36,637
Recurring \| Corporate notes
Assets
Securities available for sale	18,905	19,994
Recurring \| Certificates of deposit
Assets
Securities available for sale	977	974
Recurring \| Level 2
Assets
Mortgage servicing rights	13,504	9,582
Recurring \| Level 2 \| U.S. Treasury securities
Assets
Securities available for sale	43,067	142,097
Recurring \| Level 2 \| Obligations of U.S. Government sponsored agencies
Assets
Securities available for sale	29,376	21,749
Recurring \| Level 2 \| Obligations of states and political subdivisions
Assets
Securities available for sale	57,505	83,186
Recurring \| Level 2 \| Mortgage-backed securities
Assets
Securities available for sale	41,473	36,637
Recurring \| Level 2 \| Corporate notes
Assets
Securities available for sale	18,905	19,994
Recurring \| Level 2 \| Certificates of deposit
Assets
Securities available for sale	977	974
Recurring \| Level 3
Assets
Assets at fair value	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Fai_2

FAIR VALUE MEASUREMENTS - Fair value of assets measured on a non-recurring basis (Details) - Non-recurring - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets Measured at Fair Value
OREO	$ 2,239	$ 2,520
Loans individually evaluated, net of reserve	13,038	3,478
Total Assets Measured at Fair Value	15,277	5,998
Level 3
Assets Measured at Fair Value
OREO	2,239	2,520
Loans individually evaluated, net of reserve	13,038	3,478
Total Assets Measured at Fair Value	$ 15,277	$ 5,998

FAIR VALUE MEASUREMENTS - Fai_3

FAIR VALUE MEASUREMENTS - Fair value measurement on inputs and valuation techniques (Details)	Jun. 30, 2023	Dec. 31, 2022
Third party appraisals, sales contracts or brokered price options \| Collateral discounts and estimated costs to sell
Fair Value of Financial Instruments
Other real estate owned	0	0
Third party appraisals, sales contracts or brokered price options \| Collateral discounts and estimated costs to sell \| Weighted Average
Fair Value of Financial Instruments
Other real estate owned	0	0
Third party appraisals and discounted cash flows \| Collateral discounts and discount rates \| Minimum
Fair Value of Financial Instruments
Loans individually evaluated	0	0
Third party appraisals and discounted cash flows \| Collateral discounts and discount rates \| Maximum
Fair Value of Financial Instruments
Loans individually evaluated	0.70	0.71
Third party appraisals and discounted cash flows \| Collateral discounts and discount rates \| Weighted Average
Fair Value of Financial Instruments
Loans individually evaluated	0.290	0.255

FAIR VALUE MEASUREMENTS - Carry

FAIR VALUE MEASUREMENTS - Carrying value and estimated fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial assets:
Securities held to maturity	$ 76,118	$ 76,118	$ 43,770
Securities available for sale	191,303	$ 191,303	304,637
Mortgage servicing rights	13,504		9,582	$ 5,016
Carrying Amount
Financial assets:
Cash and cash equivalents	111,326		119,351
Securities held to maturity	77,708		45,097
Securities available for sale	191,303		304,637
Loans held for sale	1,560		648
Loans, net	3,271,072		2,871,298
Other investments, at cost	21,521		16,495
Mortgage servicing rights	13,504		9,582
Financial liabilities:
Deposits	3,405,736		3,060,229
Securities sold under repurchase agreements	23,802		97,196
Notes payable	35,825		1,929
Subordinated notes	23,500		23,500
Junior subordinated debentures	10,944
Carrying Amount \| Level 1
Financial assets:
Cash and cash equivalents	111,326		119,351
Carrying Amount \| Level 2
Financial assets:
Securities held to maturity	76,118		43,770
Securities available for sale	191,303		304,637
Mortgage servicing rights	13,504		9,582
Financial liabilities:
Securities sold under repurchase agreements	23,802		97,196
Notes payable	35,825		1,929
Subordinated notes	23,500		23,500
Junior subordinated debentures	10,944
Carrying Amount \| Level 3
Financial assets:
Loans held for sale	1,560		648
Loans, net	3,149,751		2,832,454
Other investments, at cost	21,521		16,495
Financial liabilities:
Deposits	3,091,088		2,732,007
Estimated Fair Value
Financial assets:
Cash and cash equivalents	111,326		119,351
Securities held to maturity	76,118		43,770
Securities available for sale	191,303		304,637
Loans held for sale	1,560		648
Loans, net	3,149,751		2,832,454
Other investments, at cost	21,521		16,495
Mortgage servicing rights	13,504		9,582
Financial liabilities:
Deposits	3,091,088		2,732,007
Securities sold under repurchase agreements	23,802		97,196
Notes payable	35,825		1,929
Subordinated notes	23,500		$ 23,500
Junior subordinated debentures	$ 10,944

STOCK BASED COMPENSATION - Summ

STOCK BASED COMPENSATION - Summary of Plans (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Restricted Stock
STOCK BASED COMPENSATION
Compensation expense	$ 1	$ 0.8
2020 Equity Plan
STOCK BASED COMPENSATION
Number of shares authorized	700,000
Aggregate number of shares awarded under the plan	76,641
2020 Equity Plan \| Restricted Stock
STOCK BASED COMPENSATION
Unrecognized compensation cost	$ 3.1
Unrecognized compensation recognition period	1 year 9 months 29 days
Aggregate grant date fair value of vested awards	$ 1.6

STOCK BASED COMPENSATION - Chan

STOCK BASED COMPENSATION - Changes in Restricted Stock (Details) - Restricted Stock - $ / shares	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Restricted Stock, Shares
Outstanding at beginning of year	59,272	58,611
Granted	25,375	25,451
Vested	(25,762)	(20,785)
Forfeited or cancelled	(820)	(4,005)
Outstanding at end of year	58,065	59,272
Restricted Stock, Weighted- Average Grant- Date Fair Value
Outstanding at beginning of year	$ 65.85	$ 61.44
Granted	80.17	69.73
Vested	62.05	60.52
Forfeited or cancelled	65.09	60.50
Outstanding at end of year	$ 71.41	$ 65.85

LEASES - Operating leases (Deta

LEASES - Operating leases (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
LEASES
Amortization of ROU Assets - Operating Leases	$ (1)
Interest on Lease Liabilities - Operating Leases	44	$ 43
Operating Lease Cost (Cost resulting from lease payments)	$ 43	$ 43
Weighted Average Lease Term (Years) - Operating Leases	30 years 6 months	31 years 6 months
Weighted Average Discount Rate - Operating Leases	5.50%	5.50%

LEASES - Maturity analysis (Det

LEASES - Maturity analysis (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Operating lease payments due:
Within one year	$ 85
After one but within two years	86
After two but within three years	90
After three but within four years	94
After four years but within five years	94
After five years	3,090
Total undiscounted cash flows	3,539
Discount on cash flows	(1,957)
Total operating lease liabilities	$ 1,582

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 14,132	$ 10,680	$ 11,654	$ 10,183	$ 24,812	$ 21,837

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false