Juniata Valley Financial (JUVF) 10-K 16 Mar 23 2022 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2022	Mar. 16, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Entity File Number	0-13232
Document Period End Date	Dec. 31, 2022
Entity Registrant Name	JUNIATA VALLEY FINANCIAL CORP
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	23-2235254
Entity Address, Address Line One	Bridge and Main Streets
Entity Address, Address Line Two	PO Box 66
Entity Address, City or Town	Mifflintown
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	17059-0066
City Area Code	855
Local Phone Number	582-5101
Title of 12(b) Security	NONE
No Trading Symbol Flag	true
Security Exchange Name	NONE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Amendment Flag	false
Entity Central Index Key	0000714712
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Public Float			$ 72,445,245
Auditor Name	Crowe LLP
Auditor Firm ID	173
Auditor Location	Cleveland, Ohio
Entity Common Stock, Shares Outstanding		5,013,899

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($)	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 10,856,000	$ 12,928,000
Interest bearing deposits with banks	143,000	598,000
Cash and cash equivalents	10,999,000	13,526,000
Interest bearing time deposits with banks	0	735,000
Equity securities	1,056,000	1,124,000
Debt securities available for sale	73,536,000	335,424,000
Debt securities held to maturity (fair value 2022 - $209,887, 2021 - $0)	209,565,000	0
Restricted investment in bank stock	3,666,000	2,116,000
Total loans	484,512,000	418,303,000
Less: Allowance for loan losses	(4,027,000)	(3,508,000)
Total loans, net of allowance for loan losses	480,485,000	414,795,000
Premises and equipment, net	8,190,000	8,371,000
Other real estate owned	0	87,000
Bank owned life insurance and annuities	15,197,000	16,852,000
Investment in low income housing partnerships	1,507,000	2,306,000
Core deposit and other intangible assets	121,000	175,000
Goodwill	9,047,000	9,047,000
Mortgage servicing rights	92,000	120,000
Deferred tax asset	11,838,000	1,594,000
Accrued interest receivable and other assets	5,576,000	4,246,000
Total assets	830,875,000	810,518,000
Liabilities:
Non-interest bearing	199,131,000	182,022,000
Interest bearing	512,381,000	526,425,000
Total deposits	711,512,000	708,447,000
Short-term borrowings and repurchase agreements	55,710,000	4,227,000
Long-term debt	20,000,000	20,000,000
Other interest bearing liabilities	1,011,000	1,568,000
Accrued interest payable and other liabilities	5,693,000	4,986,000
Total liabilities	793,926,000	739,228,000
Commitments and contingent liabilities
Stockholders' Equity:
Preferred stock, no par value: Authorized - 500,000 shares, none issued	0	0
Common stock, par value $1.00 per share: Authorized 20,000,000 shares; Issued - 5,151,279 shares at December 31, 2022 and December 31, 2021; Outstanding - 5,003,059 shares at December 31, 2022 and 4,988,542 shares at December 31, 2021	5,151,000	5,151,000
Surplus	24,986,000	25,008,000
Retained earnings	51,217,000	47,298,000
Accumulated other comprehensive loss	(41,867,000)	(3,365,000)
Cost of common stock in Treasury: 148,220 shares at December 31, 2022; 162,737 shares at December 31, 2021	(2,538,000)	(2,802,000)
Total stockholders' equity	36,949,000	71,290,000
Total liabilities and stockholders' equity	$ 830,875,000	$ 810,518,000

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements of Financial Condition [Abstract]
Securities held-to-maturity, fair value	$ 209,887	$ 0
Preferred stock, no par value	$ 0	$ 0
Preferred stock, authorized	500,000	500,000
Preferred Stock, Shares Issued	0	0
Common Stock, Par or Stated Value Per Share	$ 1	$ 1
Common Stock, Shares Authorized	20,000,000	20,000,000
Common Stock, Shares Issued	5,151,279	5,151,279
Common Stock, Shares, Outstanding	5,003,059	4,988,542
Treasury Stock, Shares	148,220	162,737

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Interest and dividend income:
Loans, including fees	$ 21,227,000	$ 19,462,000
Taxable securities	6,077,000	4,912,000
Tax-exempt securities	155,000	154,000
Other interest income	96,000	25,000
Total interest income	27,555,000	24,553,000
Interest expense:
Deposits	2,577,000	2,272,000
Short-term borrowings and repurchase agreements	362,000	90,000
FRB advances	0	18,000
Long-term debt	471,000	832,000
Other interest bearing liabilities	12,000	6,000
Total interest expense	3,422,000	3,218,000
Net interest income	24,133,000	21,335,000
Provision for loan losses	455,000	(769,000)
Net interest income after provision for loan losses	23,678,000	22,104,000
Non-interest income:
Earnings on bank-owned life insurance and annuities	219,000	246,000
Gain (loss) on sales and calls of securities	(1,453,000)	21,000
Change in value of equity securities	(68,000)	151,000
Gain from life insurance proceeds	380,000	0
Other non-interest income	1,542,000	331,000
Total non-interest income	5,225,000	5,154,000
Non-interest expense:
Employee compensation expense	8,445,000	8,414,000
Employee benefits	2,370,000	2,286,000
Occupancy	1,284,000	1,259,000
Equipment	734,000	743,000
Data processing expense	2,582,000	2,693,000
Professional fees	800,000	841,000
Taxes, other than income	503,000	574,000
FDIC Insurance premiums	405,000	310,000
Gain on other real estate owned	(28,000)	(64,000)
Amortization of intangible assets	54,000	66,000
Amortization of investment in low income housing partnerships	799,000	799,000
Long-term debt prepayment penalty	0	691,000
Other non-interest expense	1,993,000	1,758,000
Total non-interest expense	19,941,000	20,370,000
Income before income taxes	8,962,000	6,888,000
Income tax provision	642,000	284,000
Net income	$ 8,320,000	$ 6,604,000
Earnings per share
Basic	$ 1.66	$ 1.32
Diluted	$ 1.66	$ 1.32
Customer Service Fees [Member]
Non-interest income:
Non-interest income	$ 1,472,000	$ 1,355,000
Debit Card fee Income [Member]
Non-interest income:
Non-interest income	1,703,000	1,755,000
Trust Fees [Member]
Non-interest income:
Non-interest income	472,000	445,000
Commissions from Sales of Non-Deposit Products [Member]
Non-interest income:
Non-interest income	384,000	368,000
Fees Derived From Loan Activity [Member]
Non-interest income:
Non-interest income	540,000	441,000
Mortgage Banking Income [Member]
Non-interest income:
Non-interest income	$ 34,000	$ 41,000

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($)		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements of Comprehensive Income (Loss) [Abstract]
Net income: Pre-Tax Amount		$ 8,962,000	$ 6,888,000
Tax effect		(642,000)	(284,000)
Net income		8,320,000	6,604,000
Other comprehensive loss:
Unrealized holding losses arising during the period, Pre-Tax Amount		(51,247,000)	(9,288,000)
Unrealized holding losses arising during the period, Tax Effect		10,762,000	1,950,000
Unrealized holding losses arising during the period, Net-of-Tax Amount		(40,485,000)	(7,338,000)
Reclassification adjustment for (gains) losses included in net income, Pre-Tax Amount	[1],[2]	1,453,000	(21,000)
Reclassification adjustment for (gains) losses included in net income, Tax Effect	[1],[2]	(305,000)	4,000
Reclassification adjustment for (gains) losses included in net income, Net-of-Tax Amount	[1],[2]	1,148,000	(17,000)
Amortization of unrealized holding losses on held to maturity securities, Pre-Tax Amount		1,342,000	0
Amortization of unrealized holding losses on held to maturity securities, Tax Effect		(291,000)	0
Amortization of unrealized holding losses on held to maturity securities, Net-of-Tax Amount		1,051,000	0
Unrealized gains on cash flow hedge, Pre-Tax Amount		1,220,000	538,000
Unrealized gains on cash flow hedge, Tax Effect		(256,000)	(113,000)
Unrealized gains on cash flow hedge, Net-of-Tax Amount		964,000	425,000
Reclassification adjustment for (gains) losses included in net income, Pre-Tax Amount	[2]	(1,493,000)	60,000
Reclassification adjustment for (gains) losses included in net income, Tax Effect	[2]	313,000	(13,000)
Reclassification adjustment for (gains) losses included in net income, Net-of-Tax	[2]	(1,180,000)	47,000
Other comprehensive loss, Pre-Tax Amount		(48,725,000)	(8,711,000)
Other comprehensive loss, Tax Effect		10,223,000	1,828,000
Net current period other comprehensive income (loss)		(38,502,000)	(6,883,000)
Total comprehensive loss, Pre-Tax Amount		(39,763,000)	(1,823,000)
Total comprehensive loss, Tax Effect		9,581,000	1,544,000
Total comprehensive loss, Net-of-Tax Amount		$ (30,182,000)	$ (279,000)
[1] Amounts are included in gain (loss) on sales and calls of securities on the Consolidated Statements of Income as a separate element within total non-interest income. Amounts are included in interest expense on short-term borrowings and repurchase agreements and in other non-interest income on the Consolidated Statements of Income.

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Surplus [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock [Member]	Total
Beginning balance at Dec. 31, 2020	$ 5,151	$ 25,011	$ 45,096	$ 3,518	$ (2,179)	$ 76,597
Beginning balance, shares at Dec. 31, 2020	5,025,441
Net income			6,604			6,604
Other comprehensive loss				(6,883)		(6,883)
Cash dividends			(4,402)			(4,402)
Stock-based compensation		158				$ 158
Forfeiture of restricted stock, Shares						(200)
Purchase of treasury stock					(861)	$ (861)
Purchase of treasury stock, shares	(50,682)					(50,482)
Treasury stock issued for stock plans		(161)			238	$ 77
Treasury stock issued for stock plans, shares	13,783
Ending balance at Dec. 31, 2021	$ 5,151	25,008	47,298	(3,365)	(2,802)	$ 71,290
Ending balance, shares at Dec. 31, 2021	4,988,542					4,988,542
Net income			8,320			$ 8,320
Other comprehensive loss				(38,502)		(38,502)
Cash dividends			(4,401)			(4,401)
Stock-based compensation		176				$ 176
Forfeiture of restricted stock, Shares						(825)
Purchase of treasury stock					(3)	$ (3)
Purchase of treasury stock, shares	(995)					(170)
Treasury stock issued for stock plans		(198)			267	$ 69
Treasury stock issued for stock plans, shares	15,512
Ending balance at Dec. 31, 2022	$ 5,151	$ 24,986	$ 51,217	$ (41,867)	$ (2,538)	$ 36,949
Ending balance, shares at Dec. 31, 2022	5,003,059					5,003,059

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements of in Stockholders' Equity [Abstract]
Cash Dividends per share	$ 0.88	$ 0.88

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Operating activities:
Net income	$ 8,320,000	$ 6,604,000
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	455,000	(769,000)
Depreciation	631,000	712,000
Net amortization of securities premiums	408,000	1,220,000
Net amortization of loan origination fees	393,000	895,000
Deferred net loan origination costs	(636,000)	(693,000)
Amortization of intangibles	54,000	66,000
Amortization of investment in low income housing partnerships	799,000	799,000
Net amortization of purchase fair value adjustments	(112,000)	(211,000)
Net realized (gain) loss on sales and calls of available for sale securities	1,453,000	(21,000)
Change in value of equity securities	68,000	(151,000)
Net gain on other real estate owned	(28,000)	(64,000)
Earnings on bank owned life insurance and annuities	(219,000)	(246,000)
Deferred income tax expense	129,000	49,000
Stock-based compensation expense	176,000	158,000
Proceeds from mortgage loans sold to others	62,000	79,000
Mortgage banking income	(34,000)	(41,000)
Gain from life insurance proceeds	(380,000)	0
(Increase) decrease in accrued interest receivable and other assets	(1,753,000)	476,000
Increase in accrued interest payable and other liabilities	150,000	4,000
Net cash provided by operating activities	9,936,000	8,866,000
Investing activities:
Securities available for sale	(53,295,000)	(181,122,000)
FHLB stock	(1,550,000)	0
Premises and equipment	(449,000)	(274,000)
Bank owned life insurance and annuities	(31,000)	(38,000)
Redemption of equity securities	0	118,000
Sales of debt securities available for sale	23,271,000	42,997,000
Maturities of and principal repayments on securities available for sale	27,918,000	78,608,000
Maturities of and principal repayments on securities held to maturity	4,116,000	0
Redemption of FHLB stock	0	1,307,000
Life insurance claims	2,285,000	0
Sale of other real estate owned	145,000	125,000
Sale of other assets	0	1,000
Net decrease in interest bearing time deposits with banks	735,000	0
Net (increase) decrease in loans	(65,821,000)	4,404,000
Net cash used in investing activities	(62,676,000)	(53,874,000)
Financing activities:
Net increase in deposits	3,065,000	85,577,000
Net increase (decrease) in short-term borrowings and securities sold under agreements to repurchase	51,483,000	(20,523,000)
Repayment of FRB advances	0	(27,955,000)
Repayment of long-term debt	0	(15,000,000)
Cash dividends	(4,401,000)	(4,402,000)
Purchase of treasury stock	(3,000)	(861,000)
Treasury stock issued for employee stock plans	69,000	77,000
Net cash provided by financing activities	50,213,000	16,913,000
Net decrease in cash and cash equivalents	(2,527,000)	(28,095,000)
Cash and cash equivalents at beginning of year	13,526,000	41,621,000
Cash and cash equivalents at end of period	10,999,000	13,526,000
Supplemental information:
Interest paid	3,341,000	3,414,000
Income tax paid	425,000	289,000
Supplemental schedule of noncash investing and financing activities:
Transfer of securities from available for sale to held to maturity	212,340,000	0
Transfer of loans to other real estate owned	30,000	148,000
Transfer of loans to repossessed vehicles	$ 0	$ 1,000

NATURE OF OPERATIONS

NATURE OF OPERATIONS	12 Months Ended
	Dec. 31, 2022
NATURE OF OPERATIONS
NATURE OF OPERATIONS	​ 1. NATURE OF OPERATIONS ​ Juniata Valley Financial Corp. (“Juniata” or the “Company”) is a bank holding company operating in central and northern Pennsylvania for the purpose of delivering financial services within its local market. Through its wholly-owned banking subsidiary, The Juniata Valley Bank (the “Bank”), Juniata provides retail and commercial banking and other financial services through 15 branch locations located in Juniata, Mifflin, Perry, McKean, Potter and Huntingdon Counties. Additionally, in Mifflin, Juniata and Centre Counties, the Company maintains four offices for loan production, trust services and wealth management sales. Each of the Company’s lines of business are part of the same reporting segment, whose operating results are regularly reviewed and managed by a centralized executive management group. As a result, the Company has only one reportable segment for financial reporting purposes. The Bank provides a full range of banking services, including online and mobile banking, an automatic teller machine network, checking accounts, identity protection products for consumers, savings accounts, money market accounts, fixed rate certificates of deposit, club accounts, secured and unsecured commercial and consumer loans, construction and mortgage loans, online account opening, safe deposit facilities and credit loans with overdraft checking protection. The Bank also provides a variety of trust services. The Company has a contractual arrangement with a broker-dealer to allow the offering of annuities, mutual funds, stock and bond brokerage services and long-term care insurance to its local market. The Bank operates under a state bank charter and is subject to regulation by the Pennsylvania Department of Banking and the Federal Deposit Insurance Corporation. Juniata is subject to regulation by the Board of Governors of the Federal Reserve Bank and the Pennsylvania Department of Banking and Securities.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	​ 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accounting policies of Juniata Valley Financial Corp. and its wholly owned subsidiary conform to accounting principles generally accepted in the United States of America (“GAAP”) and to general financial services industry practices. A summary of the more significant accounting policies applied in the preparation of the accompanying consolidated financial statements follows. Principles of Consolidation The consolidated financial statements include the accounts of Juniata Valley Financial Corp. and its wholly owned subsidiary, The Juniata Valley Bank. All significant intercompany transactions and balances have been eliminated. Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant Group Concentrations of Credit Risk Most of the Company’s activities are with customers located within Juniata’s footprint in central and northern Pennsylvania. Note 5 discusses the types of securities in which the Company invests. Note 6 discusses the types of lending in which the Company engages. As a percentage of total risk based capital, credit exposure to residential buildings and dwellings represented 70%, credit exposure to lessors of non-residential buildings and dwellings represented 56%, credit exposure to hotels and motels represented 36%, credit exposure to builders of new housing for-sale represented 33% and credit exposure to continuing care retirement communities represented 21% as of December 31, 2022. There were no other concentrations of credit to any industry equaling more than 15% of total capital. The Bank’s business activities are geographically concentrated in the counties of Juniata, Mifflin, Perry, Huntingdon, Centre, Franklin, McKean, Potter and Snyder, Pennsylvania. The Bank has a diversified loan portfolio; however, a substantial portion of its debtors’ ability to honor their obligations is dependent upon the economy in central and northern Pennsylvania. Revenue Recognition The Company generally acts in a principal capacity, on its own behalf, in most contracts with customers. In such transactions, revenue and related costs to provide these services are recognized on a gross basis in the financial statements. In some cases, the Company acts in an agent capacity, deriving revenue through assisting other entities in transactions with its customers. In such transactions, revenue and the related costs to provide the services are recognized on a net basis in the financial statements. These transactions primarily relate to non-deposit product commissions and fees derived from customers’ use of various interchange and ATM/debit card networks. All the Company’s revenue from contracts with customers in the scope of ASC Topic 606, Revenue from Contracts with Customers Cash Flows For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks, interest bearing demand deposits with banks and federal funds sold. Generally, federal funds are sold for one-day periods. Interest Bearing Time Deposits with Banks Interest bearing time deposits with banks consist of certificates of deposits in other banks with original maturities of greater than 90 days. These time deposits all have maturities within five years. Debt Securities Debt securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity. Debt securities classified as available for sale are those securities that the Company intends to hold for an indefinite period but not necessarily to maturity. Securities available for sale are carried at fair value, with the unrealized gains and losses, net of tax, reported as a component of other comprehensive income. Interest and dividends are recognized as income when earned. Interest income includes amortization of purchase premium or discount. Premiums and discounts on securities are amortized on the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Management evaluates debt securities for other-than-temporary impairment (“OTTI”) on a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For debt securities in an unrealized loss position, management considers the extent and duration of the unrealized loss, and the financial condition and near-term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a debt security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: (1) OTTI related to credit loss, which must be recognized in the income statement and (2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. Equity Securities Equity securities are carried at fair value, with changes in fair value reported in net income. Equity securities without readily determinable fair values are carried at cost, minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment. Restricted Investment in Bank Stock The Bank is a member of the FHLB system. Members are required to own a certain amount of stock based on the level of borrowings and other factors and may invest in additional amounts. The Bank also owns restricted stock investments in the Atlantic Community Bankers Bank (“ACBB”). Both the FHLB and ACBB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income. The Bank owned $3.6 million in restricted stock investments with the FHLB at December 31, 2022 and $2.1 million at December 31, 2021. The Bank owned $80,000 in restricted stock investments with the ACBB at December 31, 2022 and 2021. Loans Loans that the Company has the intent and ability to hold for the foreseeable future or until maturity are stated at the outstanding unpaid principal balances, net of any deferred fees or costs and the allowance for loan losses. Interest income on all loans, other than non-accrual loans, is accrued over the term of the loans based on the amount of principal outstanding. The loan portfolio includes the following classes: (1) commercial, financial and agricultural, (2) real estate - commercial, (3) real estate - construction, (4) real estate – mortgage, (5) obligations of states and political subdivisions, and (6) personal loans. Interest income on consumer, mortgage and commercial loans is discontinued and loans are placed on non-accrual status at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Loans are charged off to the extent principal or interest is deemed uncollectible. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on non-accrual or charged off at an earlier date if collection of principal or interest is considered doubtful. Non-accrual loans and loans past due 90 days still on accrual include both homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Under the cost-recovery method, interest income is not recognized until the loan principal balance is reduced to zero. Under the cash-basis method, interest income is recorded when the payment is received in cash. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, the loan has performed in accordance with the contractual terms for a reasonable period and future payments are reasonably assured. Loan Origination Fees and Costs Loan origination fees and related direct origination costs for a given loan are deferred and amortized over the life of the loan on a level-yield basis as an adjustment to interest income over the contractual life of the loan. As of December 31, 2022, the amount of net unamortized origination fees carried as an adjustment to outstanding loan balances was $47,000. As of December 31, 2021, the amount of net unamortized origination fees carried as an adjustment to outstanding loan balances was $489,000. Acquired Loans Loans that Juniata acquires through business combinations are recorded at fair value with no carryover of the related allowance for loan losses. Some of these loans have shown evidence of credit deterioration since origination. These purchased credit impaired (“PCI”) loans are recorded at the amount paid, such that there is no carryover of the seller’s allowance for loan losses. Such purchased credit impaired loans are accounted for individually or aggregated into pools of loans based on common risk characteristics, such as credit score, loan type, and date of origination. Juniata estimates the amount and timing of expected cash flows for each loan or pool, and the expected cash flows in excess of the amount paid is recorded as interest income over the remaining life of the loan or pool (accretable yield). The excess of the loan’s or pool’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). Over the life of the loan or pool, expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded as a provision for loan losses. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. PCI loans that met the criteria for impairment or non-accrual of interest prior to the acquisition may be considered performing upon acquisition, regardless of whether the customer is contractually delinquent, if Juniata expects to fully collect the new carrying value (i.e. fair value) of the loans. As such, Juniata may no longer consider the loan to be non-accrual or nonperforming and may accrue interest on these loans, including the impact of any accretable discount. In addition, charge-offs on such loans would be first applied to the nonaccretable difference portion of the fair value adjustment. Loans acquired through business combinations that do not meet the specific criteria of ASC 310-30, but for which a discount is attributable at least in part to credit quality, are also accounted for in accordance with this guidance. As a result, related discounts are recognized subsequently through accretion based on the contractual cash flows of the acquired loans. Allowance for Loan Losses The allowance for loan losses (“allowance”) represents management’s estimate of losses inherent in the loan portfolio as of the consolidated statement of financial condition date and is recorded as a reduction to loans. The allowance for loan losses is increased by the provision for loan losses, and decreased by charge-offs, net of recoveries. Loans deemed to be uncollectible are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes the loan balance is uncollectible. Subsequent recoveries, if any, are credited to the allowance. Management estimates the allowance balance required using past loan loss experience, the nature and volume of the portfolio, information about specific borrower situations and estimated collateral values, economic conditions, as well as other factors. Allocations of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management’s judgement, should be charged off. For financial reporting purposes, the provision for loan losses charged to current operating income is based on management’s estimates, and actual losses may vary from estimates. These estimates are reviewed and adjusted at least quarterly and are reported in earnings in the periods in which they become known. Loans included in any class are considered for charge-off when: ● principal or interest has been in default for 120 days or more and for which no payment has been received during the previous four months; ● all collateral securing the loan has been liquidated and a deficiency balance remains; ● a bankruptcy notice is received for an unsecured loan; ● a confirming loss event has occurred; or ● the loan is deemed to be uncollectible for any other reason. There are two components of the allowance: (1) specific allowances allocated to loans evaluated for impairment under ASC Section 310-10-35; and (2) allowances calculated for pools of loans evaluated collectively for impairment under ASC Subtopic 450-20, Contingencies The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (“TDRs”) and classified as impaired. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all the circumstances surrounding the loans and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis by 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 is collateral dependent. If a loan is impaired, a portion of the allowance is allocated so that the loan is reported, net, at the present value of estimated future cash flows using the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Impairment for substantially all the Company’s impaired loans is measured based on the estimated fair value of the loan’s collateral. For real estate - commercial loans, estimated fair values are determined primarily through third-party appraisals. When a real estate secured loan becomes impaired, a decision is made regarding whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the loan-to-value ratio based on the current appraisal and the condition of the property. Appraised values may be discounted to arrive at the estimated selling price of the collateral, which is considered the estimated fair value. The discounts also include the estimated costs to sell the property. For commercial, financial and agricultural, and obligations of states and political subdivision loans, estimated fair values are determined based on the borrower’s financial statements, inventory reports, aging accounts receivable, equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. For such loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The Company generally does not separately identify individual consumer segment loans for impairment analysis unless such loans are subject to a restructuring agreement. Troubled debt restructurings are individually evaluated for impairment and included in the separately identified impairment disclosures. Loans whose terms are modified are classified as troubled debt restructurings if the Company grants borrowers concessions and it is deemed that those borrowers are experiencing financial difficulty. Concessions granted under a troubled debt restructuring generally involve a below-market interest rate based on the loan’s risk characteristics, an extension of a loan’s stated maturity date or a significant delay in payment. Non-accrual troubled debt restructurings are restored to accrual status if principal and interest payments, under the modified terms, are current for a sustained period after modification. For TDRs that subsequently default, the Company determines the amount of the allowance on that loan in accordance with the accounting policy for the allowance for loan losses on loans individually identified as impaired. The Company incorporates recent historical experience related to TDRs, including the performance of TDRs that subsequently default, into the calculation of the allowance by loan portfolio class. The general component of the allowance covers loans that are collectively evaluated for impairment. In accordance with ASC Subtopic 450-20, when measuring estimated credit losses, these loans are grouped into homogenous pools with similar characteristics and evaluated collectively considering both quantitative measures, such as historical loss, and qualitative measures, in the form of environmental adjustments. Quantitative factor determination: An average annual loss rate is calculated for each pool through an analysis of historical losses over a five-year look-back period. Using data for each loan, a loss emergence period is determined within each class pool. The loss emergence period reflects the approximate length of time from the point when a loss is incurred (the loss trigger event) to the point of loss confirmation (the date of eventual charge-off). The loss emergence period is applied to the average annual loss to produce the quantitative factor for each pooled class. Qualitative factor determination: Historical loss rates computed in the quantitative component reflects an estimate of the level of incurred losses in the portfolio based on historical experience. Management considers that the current conditions may deviate from those that prevailed over the historical look-back period. Thus, the quantitative rates are an imperfect estimate, necessitating an evaluation of qualitative considerations to incorporate these risks. ​ Management considered qualitative risk factors including: ● National, regional and local economic and business conditions, and developments that affect the collectability of the portfolio, including the condition of various market segments; ● Changes in the volume and severity of past due loans, the volume of non-accrual loans, and the volume and severity of adversely classified loans; ● Changes in the nature and volume of the portfolio and terms of loans; ● Changes in the experience, ability and depth of lending and credit management and other relevant staff; ● Existence and effect of any concentrations of credit and changes in the level of such concentrations; ● Changes in the quality of the loan review system; ● Changes in lending policies and procedures including changes in underwriting standards and collection, charge-off and recovery practices; ● Changes in the value of underlying collateral for collateral-dependent loans; and ● Effect of external influences, including competition, legal and regulatory requirements. Within each loan class, an analysis was performed over a ten-year look-back period to discover peak historical losses, and with this data, management established ranges of risk from minimal to very high, for each risk factor, to produce a supportable anchor for risk assignment. Based on the framework for risk factor evaluation and range of adjustments established through the anchoring process, a risk assessment and corresponding adjustment was assigned for each class as of December 31, 2022. Adjustments to the factors are supported through documentation of changes in conditions in a narrative accompanying the allowance for loan loss calculation. The combination of quantitative and qualitative factors was applied to year-end balances in each class to establish the overall allowance. Reserve for Unfunded Lending Commitments The reserve for unfunded lending commitments represents management’s estimate of probable incurred losses inherent in its unfunded lending commitments and is recorded in other liabilities on the consolidated statement of financial condition, when necessary. The amount of the reserve for unfunded lending commitments is not material to the consolidated financial statements. Loans Held for Sale and Mortgage Servicing Rights The Company has originated residential mortgage loans with the intent to sell. These individual loans were normally sold to the buyer immediately. The Company maintains servicing rights on these loans. When mortgage loans are sold with servicing retained, servicing rights are initially recorded at fair value with the income statement effect recorded in gains on sales of loans. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. Under the fair value measurement method, the Company measures servicing rights at fair value at each reporting date and reports changes in fair value of servicing assets in earnings in the period in which the changes occur, which are included with mortgage banking income on the income statement. The fair values of servicing rights are subject to fluctuations because of changes in estimated and actual prepayment speeds and default rates and losses. The carrying amount of mortgage servicing rights was $92,000 and $120,000 at December 31, 2022 and 2021, respectively. Servicing fee income, which is reported on the income statement as mortgage banking income, is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. Servicing fees totaled $63,000 and $80,000 for the years ended December 31, 2022 and 2021, respectively. Late fees and ancillary fees related to loan servicing are not material. Commercial, Financial and Agricultural Lending The Company originates commercial, financial and agricultural loans primarily to businesses located in its primary market area and surrounding areas. These loans are used for various business purposes, which include short-term loans and lines of credit to finance machinery and equipment purchases, inventory and accounts receivable. Generally, the maximum term for loans extended on machinery and equipment is shorter and does not exceed the projected useful life of such machinery and equipment. Most business lines of credit are written with a five year maturity, subject to an annual review. Commercial, financial and agricultural loans are generally secured with short-term assets; however, in many cases, additional collateral, such as real estate, is provided as additional security for the loan. Loan-to-value maximum values have been established by the Company and are specific to the type of collateral. Collateral values may be determined using invoices, inventory reports, accounts receivable aging reports, collateral appraisals, etc. In underwriting commercial, financial and agricultural loans, an analysis of the borrower’s capacity to repay the loan, the adequacy of the borrower’s capital and collateral, as well as an evaluation of conditions affecting the borrower, is performed. Analysis of the borrower’s past, present and future cash flows is also an important aspect of the Company’s analysis. Concentration analysis assists in identifying industry specific risk inherent in commercial, financial and agricultural lending. Mitigants include the identification of secondary and tertiary sources of repayment and appropriate increases in oversight. Commercial, financial and agricultural loans generally present a higher level of risk than certain other types of loans, particularly during slow economic conditions. Real Estate – Commercial Lending The Company engages in real estate – commercial lending in its primary market area and surrounding areas. The Company’s real estate – commercial portfolio is secured primarily by residential housing, commercial buildings, raw land and hotels. Generally, real estate – commercial loans have terms that do not exceed 20 years, have loan-to-value ratios of up to 80% of the appraised value of the property and are typically secured by personal guarantees of the borrowers. As economic conditions deteriorate, the Company reduces its exposure in real estate loans with higher risk characteristics. In underwriting these loans, the Company performs a thorough analysis of the financial condition of the borrower, the borrower’s credit history, and the reliability and predictability of the cash flow generated by the property securing the loan. Appraisals on properties securing real estate – commercial loans originated by the Company are performed by independent appraisers. Real estate – commercial loans generally present a higher level of risk than certain other types of loans, particularly during slow economic conditions. Real Estate – Construction Lending The Company engages in real estate – construction lending in its primary market area and surrounding areas. The Company’s real estate – construction lending consists of commercial and residential site development loans, as well as commercial building construction and residential housing construction loans. The Company’s commercial real estate – construction loans are generally secured with the subject property, and advances are made in conformity with a pre-determined draw schedule supported by independent inspections. Terms of construction loans depend on the specifics of the project, such as estimated absorption rates, estimated time to complete, etc. In underwriting commercial real estate – construction loans, the Company performs a thorough analysis of the financial condition of the borrower, the borrower’s credit history, the reliability and predictability of the cash flow generated by the project using feasibility studies, market data, etc. Appraisals on properties securing real estate – commercial loans originated by the Company are performed by independent appraisers. Real estate – construction loans generally present a higher level of risk than certain other types of loans, particularly during slow economic conditions. The difficulty of estimating total construction costs adds to the risk as well. Real Estate – Mortgage Lending The Company’s real estate – mortgage portfolio is comprised of one-to-four family residential mortgages and commercial loans secured by one-to-four family properties. One-to-four family residential mortgage loan originations, including home equity installment and home equity lines of credit loans, are generated by the Company’s marketing efforts, its present customers, walk-in customers and referrals. These loans originate primarily within the Company’s market area or with customers primarily from the market area. The Company offers fixed-rate and adjustable rate real estate – mortgage loans with terms up to a maximum of 25 years for both permanent structures and those under construction. The Company’s one-to-four family residential mortgage originations are secured primarily by properties located in its primary market area and surrounding areas. Most of the Company’s residential real estate – mortgage loans originate with a loan-to-value of 80% or less. Home equity installment loans are secured by the borrower’s primary residence with a maximum loan-to-value of 80% and a maximum term of 15 years. Home equity lines of credit are secured by the borrower’s primary residence with a maximum loan-to-value of 90% and a maximum term of 20 years. In underwriting one-to-four family residential real estate – mortgage loans, the Company evaluates the borrower’s ability to make monthly payments, the borrower’s repayment history and the value of the property securing the loan. The ability to repay is determined by the borrower’s employment history, current financial conditions, and credit background. The analysis is based primarily on the customer’s ability to repay and secondarily on the collateral or security. Most properties securing real estate – mortgage loans made by the Company are appraised by independent fee appraisers. The Company generally requires real estate – mortgage loan borrowers to obtain an attorney’s title opinion or title insurance, and fire and property insurance (including flood insurance, if necessary) in an amount not less than the amount of the loan. The Company does not engage in sub-prime residential real estate – mortgage originations. Residential real estate – mortgage loans and home equity loans generally present a lower level of risk than certain other types of consumer loans because they are secured by the borrower’s primary residence. Risk is increased when the Company is in a subordinate position for the loan collateral. ​ Obligations of States and Political Subdivisions The Company lends to local municipalities and other tax-exempt organizations. These loans are primarily tax-anticipation notes and, as such, carry little risk. Historically, the Company has never had a loss on any loan of this type. Personal Lending The Company offers a variety of secured and unsecured personal loans, including vehicle loans, mobile home loans and loans secured by savings deposits as well as other types of personal loans. Personal loan terms vary according to the type and value of collateral and creditworthiness of the borrower. In underwriting personal loans, a thorough analysis of the borrower’s willingness and financial ability to repay the loan as agreed is performed. The ability to repay is determined by the borrower’s employment history, current financial conditions and credit background. Personal loans may entail greater credit risk than do residential mortgage loans, particularly in the case of personal loans which are unsecured or are secured by rapidly depreciable assets, such as automobiles or recreational equipment. In such cases, any repossessed collateral for a defaulted personal loan may not provide an adequate source of repayment of the outstanding loan balance because of the greater likelihood of damage, loss or depreciation. In addition, personal loan collections are dependent on the borrower’s continuing financial stability and, thus are more likely to be affected by adverse personal circumstances. Furthermore, the application of various federal and state laws, including bankruptcy and insolvency laws, may limit the amount which can be recovered on such loans. Other Real Estate Owned Assets acquired in settlement of mortgage loan indebtedness are recorded as other real estate owned (“OREO”) at fair value less estimated costs to sell, establishing a new cost basis. Physical possession of residential real estate property collateralizing a consumer mortgage loan occurs when legal title is obtained upon

RECENT ACCOUNTING STANDARDS UPD

RECENT ACCOUNTING STANDARDS UPDATE ("ASU")	12 Months Ended
	Dec. 31, 2022
RECENT ACCOUNTING STANDARDS UPDATE ("ASU")
RECENT ACCOUNTING STANDARDS UPDATE ("ASU")	3. RECENT ACCOUNTING STANDARDS UPDATE (“ASU”) New Accounting Standards Adopted in 2022: ASU 2020-04, Reference Rate Report (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting Issued: Summary: The new guidance provides the following optional expedients that reduce costs and complexity of accounting for reference rate reform: ● Simplify accounting analyses for contract modifications. ● Allow hedging relationships to continue without de-designation if there are qualifying change in the critical terms of an existing hedging relationship due to reference rate reform. ● Allow a change in the systematic and rational method used to recognize in earnings the components excluded from the assessment of hedge effectiveness. ● Allow a change in the designated benchmark interest rate to a different eligible benchmark interest rate in a fair value hedging relationship. ● Allow the shortcut method for a fair value hedging relationship to continue for the remainder of the hedging relationship. ● Simplify the assessment of hedge effectiveness and provide temporary optional expedients for cash flow hedging relationships affected by reference rate reform. ● Allow a one-time election to sell or transfer debt securities classified as held to maturity that reference a rate affected by reference rate reform and are classified as held to maturity before January 1, 2020. ​ In January 2021, the FASB issued ASU 2021-01 which clarified that all derivative instruments affected by the changes to interest rates used for discounting, margining or contract price alignment, regardless of whether they reference LIBOR or another rate expected to be discontinued as a result of reference rate reform, an entity may apply certain practical expedients in Topic 848. ​ Effective Date: Pending Accounting Standards: ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Issued: Summary: Effective Date: ● For debt securities with other-than-temporary impairment (“OTTI”), the guidance will be applied prospectively , if applicable. ● Existing purchased credit impaired (“PCI”) assets will be grandfathered and classified as purchased credit deteriorated (“PCD”) assets as the date of adoption. The asset will be grossed up for the allowance for expected credit losses for all PCD assets at the date of adoption and will continue to recognize the noncredit discount in interest income based on the yield of such assets as of the adoption date. Subsequent changes in expected credit losses will be recorded through the allowance. ● For all other assets within the scope of CECL, a cumulative-effect adjustment will be recognized in retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company is adopting Topic 326, as of January 1, 2023. While the Company has not finalized the impact of implementing CECL, the Company expects to recognize a one-time cumulative effect increase to the allowance for credit losses on loans of between $1.0 million to $1.2 million upon adoption. The future impact of CECL on the Company’s allowance for credit losses and provision expense subsequent to the initial adoption will depend on changes in the loan portfolio, economic conditions and refinements to key assumptions including forecasting and qualitative factors. The Company measured its allowance under its current incurred loan loss model as of December 31, 2022. The impact of adoption on the allowance for credit losses on off-balance sheet commitments and for credit losses on securities held to maturity is not expected to be material. ASU 2022-02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures Issued: Summary: guidance for TDRs, an entity will apply the loan refinancing and restructuring guidance to determine whether a modification or other form of restructuring results in a new loan or a continuation of an existing loan. Additionally, the amendments in this ASU require a public business entity to disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases in the existing vintage disclosures. Effective Date:

RESTRICTIONS ON CASH AND DUE FR

RESTRICTIONS ON CASH AND DUE FROM BANKS	12 Months Ended
	Dec. 31, 2022
RESTRICTIONS ON CASH AND DUE FROM BANKS
RESTRICTIONS ON CASH AND DUE FROM BANKS	4. RESTRICTIONS ON CASH AND DUE FROM BANKS The Bank is required to maintain cash reserve balances with the Federal Reserve Bank if vault cash is insufficient to cover the reserve requirement. As of December 31, 2022 and 2021, respectively, no reserves were required to be held at the Federal Reserve Bank.

SECURITIES

SECURITIES	12 Months Ended
	Dec. 31, 2022
SECURITIES
SECURITIES	5. SECURITIES Equity Securities Equity securities owned by the Company consist of common stock of various financial services providers (“Bank Stocks”). The Company had $1.1 million in equity securities recorded at fair value on the consolidated statements of financial condition as of December 31, 2022 and December 31, 2021. During the years ended December 31, 2022 and 2021, the Company recorded a net loss of $68,000 and a net gain of $151,000, respectively, on the consolidated statements of income because of the change in fair value of the Company’s equity securities. The Company redeemed $118,000 in equity securities in 2021. Debt Securities The Company’s investment portfolio includes primarily mortgage-backed securities issued by U.S. Government sponsored agencies backed by residential mortgages (approximately 77%), bonds issued by U.S. Government sponsored agencies (approximately 15%), corporate debt securities (approximately 5%) and municipalities (approximately 3%) as of December 31, 2022. Most of the municipal bonds are general obligation bonds with maturities or pre-refunding dates within 5 years. The Company reassessed classification of certain investments, and effective October 1, 2022, transferred $28.4 million of obligations of U.S. Government sponsored enterprises and $183.9 million in mortgage-backed securities from the available for sale to held to maturity security classification. The transfer occurred at fair value. The combined related unrealized loss of $46.8 million, included in other comprehensive income, remained in other comprehensive income to be amortized out of other comprehensive income with an offsetting entry to interest income as a yield adjustment through earnings over the remaining term of the securities. No gain or loss was recorded at the time of transfer. The Company had holding of securities from two issuers in excess of 10% of stockholders’ equity, other than the U.S. Government and its agencies at December 31, 2022 and December 31, 2021. Holdings of Federal Farm Credit Bank and Pennsylvania Housing Finance had fair values of $10.9 million and $6.1 million, respectively, as of December 31, 2022 and $12.4 million and $7.5 million, respectively, as of December 31, 2021. The amortized cost and fair value of debt securities as of December 31, 2022 and 2021, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because the securities may be called or prepaid with or without prepayment penalties. Securities not due at a single maturity date are shown separately. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) December 31, 2022 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrealized ​ Unrealized ​ Cost Value Gains Losses Debt Securities Available for Sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 15,500 ​ $ 13,705 ​ $ — ​ $ (1,795) ​ ​ 15,500 ​ 13,705 ​ — ​ (1,795) Obligations of state and political subdivisions ​ ​ ​ ​ After one year but within five years ​ 4,076 ​ ​ 3,924 ​ ​ — ​ ​ (152) After five years but within ten years ​ ​ 4,608 ​ 3,755 ​ — ​ ​ (853) ​ ​ 8,684 ​ 7,679 ​ — ​ (1,005) Corporate debt securities ​ ​ ​ ​ After one year but within five years ​ 4,673 ​ ​ 4,190 ​ ​ — ​ ​ (483) After five years but within ten years ​ 13,000 ​ ​ 11,151 ​ ​ — ​ ​ (1,849) ​ ​ 17,673 ​ 15,341 ​ — ​ (2,332) Mortgage-backed securities ​ 39,479 ​ ​ 36,811 ​ ​ — ​ ​ (2,668) Total ​ $ 81,336 ​ $ 73,536 ​ $ — ​ $ (7,800) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) December 31, 2022 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrecognized ​ Unrecognized ​ Cost Value Gains Losses Debt Securities Held to Maturity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 13,039 ​ $ 13,067 ​ $ 28 ​ $ — After five years but within ten years ​ ​ 15,561 ​ ​ 15,605 ​ ​ 56 ​ ​ (12) ​ ​ ​ 28,600 ​ ​ 28,672 ​ ​ 84 ​ ​ (12) Mortgage-backed securities ​ ​ 180,965 ​ ​ 181,215 ​ ​ 1,682 ​ ​ (1,432) Total ​ $ 209,565 ​ $ 209,887 ​ $ 1,766 ​ $ (1,444) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2021 ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrealized ​ Unrealized ​ ​ Cost ​ Value ​ Gains ​ Losses Debt Securities Available for Sale ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ After one year but within five years ​ $ 6,000 ​ $ 5,807 ​ $ — ​ $ (193) After five years but within ten years ​ ​ 35,881 ​ ​ 34,719 ​ ​ — ​ ​ (1,162) ​ ​ 41,881 ​ 40,526 ​ — ​ (1,355) Obligations of state and political subdivisions ​ ​ ​ ​ After one year but within five years ​ 3,810 ​ ​ 3,937 ​ 129 ​ ​ (2) After five years but within ten years ​ 1,246 ​ 1,221 ​ — ​ ​ (25) After ten years ​ ​ 4,118 ​ 4,062 ​ — ​ ​ (56) ​ ​ 9,174 ​ 9,220 ​ 129 ​ (83) Corporate debt securities ​ ​ ​ ​ After one year but within five years ​ 2,000 ​ ​ 1,972 ​ ​ — ​ ​ (28) After five years but within ten years ​ 32,408 ​ ​ 33,024 ​ ​ 805 ​ ​ (189) ​ ​ 34,408 ​ 34,996 ​ 805 ​ (217) Mortgage-backed securities ​ 254,762 ​ ​ 250,682 ​ ​ 812 ​ ​ (4,892) Total ​ $ 340,225 ​ $ 335,424 ​ $ 1,746 ​ $ (6,547) ​ Certain obligations of the U.S. Government and state and political subdivisions are pledged to secure public deposits, securities sold under agreements to repurchase and for other purposes as required or permitted by law. The carrying value of the pledged assets was $102.3 million and $82.7 million at December 31, 2022 and 2021, respectively. In addition to cash received from the scheduled maturities of securities, some investment securities available for sale are sold at current market values through normal operations. Following is a summary of proceeds received from all investment securities transactions and the resulting realized gains and losses: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Year Ended ​ ​ December 31, ​ 2022 2021 Gross proceeds from sales and calls of securities ​ $ 23,271 ​ $ 43,115 Gross realized gains from sold and called securities ​ ​ 25 ​ ​ 175 Gross realized losses from sold and called securities ​ (1,478) ​ (154) Net gains (losses) from sales and calls of securities ​ $ (1,453) ​ $ 21 ​ The tax benefit (provision) related to these net realized gains and losses was $305,000 and ($4,000) in 2022 and 2021, respectively. The Bank sold $24.7 million, par value, of subordinated debt of unconsolidated financial institutions, classified as corporate debt securities, at a loss of $1.5 million during 2022. Management’s intent with respect to these securities changed in 2022 due to the adverse regulatory impact of substantial (relative to capital) holdings of subordinated debt. ​ The following table summarizes securities with unrealized and unrecognized losses at December 31, 2022 and December 31, 2021, aggregated by category and length of time in a continuous unrealized or unrecognized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Losses at December 31, 2022 ​ ​ Less Than 12 Months ​ 12 Months or More ​ Total (Dollars in thousands) Number ​ ​ ​ ​ Number ​ ​ ​ ​ Number ​ ​ ​ ​ ​ ​ of ​ Fair ​ Unrealized ​ of ​ Fair ​ Unrealized ​ of ​ Fair ​ Unrealized ​ ​ Securities ​ Value ​ Losses ​ Securities ​ Value ​ Losses ​ Securities ​ Value ​ Losses Securities available for sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises 1 ​ $ 2,456 ​ $ (44) 2 ​ $ 11,248 ​ $ (1,751) 3 ​ $ 13,704 ​ $ (1,795) Obligations of state and political subdivisions 4 ​ ​ 2,781 ​ (20) 7 ​ 4,898 ​ (985) 11 ​ 7,679 ​ (1,005) Corporate debt securities ​ 5 ​ ​ 9,831 ​ ​ (1,669) 4 ​ ​ 5,510 ​ ​ (663) 9 ​ ​ 15,341 ​ ​ (2,332) Mortgage-backed securities 33 ​ ​ 36,493 ​ ​ (2,630) 1 ​ ​ 319 ​ ​ (38) 34 ​ ​ 36,812 ​ ​ (2,668) Total temporarily impaired securities available for sale 43 ​ $ 51,561 ​ $ (4,363) 14 ​ $ 21,975 ​ $ (3,437) 57 ​ $ 73,536 ​ $ (7,800) Securities held to maturity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises 1 ​ $ 3,463 ​ $ (12) — ​ $ — ​ $ — 1 ​ $ 3,463 ​ $ (12) Mortgage-backed securities 9 ​ ​ 21,643 ​ ​ (392) 12 ​ ​ 48,788 ​ ​ (1,040) 21 ​ ​ 70,431 ​ ​ (1,432) Total temporarily impaired securities held to maturity ​ 10 ​ $ 25,106 ​ $ (404) 12 ​ $ 48,788 ​ $ (1,040) 22 ​ $ 73,894 ​ $ (1,444) Total 53 ​ $ 76,667 ​ $ (4,767) 26 ​ $ 70,763 ​ $ (4,477) 79 ​ $ 147,430 ​ $ (9,244) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Losses at December 31, 2021 ​ ​ Less Than 12 Months ​ 12 Months or More ​ Total (Dollars in thousands) Number ​ ​ ​ ​ Number ​ ​ ​ ​ Number ​ ​ ​ ​ ​ ​ of ​ Fair ​ Unrealized ​ of ​ Fair ​ Unrealized ​ of ​ Fair ​ Unrealized ​ ​ Securities ​ Value ​ Losses ​ Securities ​ Value ​ Losses ​ Securities ​ Value ​ Losses Securities available for sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises 5 ​ $ 22,130 ​ $ (752) 3 ​ $ 18,396 ​ $ (603) 8 ​ $ 40,526 ​ $ (1,355) Obligations of state and political subdivisions 7 ​ ​ 5,781 ​ (83) — ​ — ​ — 7 ​ 5,781 ​ (83) Corporate debt securities ​ 6 ​ ​ 10,144 ​ ​ (217) — ​ ​ — ​ ​ — 6 ​ ​ 10,144 ​ ​ (217) Mortgage-backed securities 36 ​ ​ 182,328 ​ ​ (3,504) 5 ​ ​ 26,443 ​ ​ (1,388) 41 ​ ​ 208,771 ​ ​ (4,892) Total temporarily impaired securities available for sale 54 ​ $ 220,383 ​ $ (4,556) 8 ​ $ 44,839 ​ $ (1,991) 62 ​ $ 265,222 ​ $ (6,547) ​ At December 31, 2022, four obligations of U.S. Government sponsored enterprises, 11 obligations of state and political subdivisions, nine corporate debt securities and 55 mortgage-backed securities had unrealized losses. Twenty-six of these securities were in a continuous loss position for 12 months or more, with the majority of the unrealized losses related to the Company’s mortgage-backed securities portfolio. The mortgage-backed securities in the Company’s portfolio are government sponsored enterprise (“GSE”) pass-through instruments issued by the Federal National Mortgage Association (“FNMA”), which guarantees the timely payment of principal on these investments. The unrealized losses noted above are considered temporary impairments. The decline in the values of the debt securities is due only to interest rate fluctuations and other market conditions, rather than erosion of issuer credit quality, and as a result, timely payment of contractual cash flows, including principal and interest, has continued and is not considered at risk. None of the debt securities are deemed to be other-than-temporarily impaired because the Company does not intend to sell the securities, does not believe it will be required to sell the securities before their anticipated recovery and expects to recover the entire amortized cost basis.

LOANS AND RELATED ALLOWANCE FOR

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES	12 Months Ended
	Dec. 31, 2022
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES	6. LOANS AND RELATED ALLOWANCE FOR LOAN LOSSES Loan Portfolio Classification The following table presents the loan portfolio by class at December 31, 2022 and 2021. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ December 31, 2022 December 31, 2021 Commercial, financial and agricultural ​ $ 61,458 ​ $ 62,639 Real estate - commercial ​ ​ 199,206 ​ ​ 159,806 Real estate - construction ​ 50,748 ​ 43,281 Real estate - mortgage ​ 150,290 ​ 131,754 Obligations of states and political subdivisions ​ ​ 18,770 ​ ​ 16,323 Personal ​ 4,040 ​ 4,500 Total ​ $ 484,512 ​ $ 418,303 ​ The following tables summarize loans and the activity in the allowance for loan losses by loan class, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of and for the years ended December 31, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ Obligations ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ ​ ​ ​ ​ ​ ​ of states ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ financial and ​ Real estate- ​ Real estate- ​ and political ​ Real estate- ​ ​ ​ ​ ​ ​ ​ ​ agricultural ​ commercial ​ construction ​ subdivisions ​ mortgage ​ Personal ​ Total Year Ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 251 ​ $ 1,020 ​ $ 884 ​ $ 45 ​ $ 1,269 ​ $ 39 ​ $ 3,508 Provision for loan losses ​ 44 ​ 90 ​ 262 ​ 9 ​ 45 ​ 5 ​ 455 Charge-offs ​ — ​ — ​ — ​ — ​ (23) ​ (13) ​ (36) Recoveries ​ 2 ​ — ​ — ​ — ​ 94 ​ 4 ​ 100 Balance, end of period ​ $ 297 ​ $ 1,110 ​ $ 1,146 ​ $ 54 ​ $ 1,385 ​ $ 35 ​ $ 4,027 December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 302 ​ $ 908 ​ $ 1,586 ​ $ 28 ​ $ 1,200 ​ $ 70 ​ $ 4,094 Provision for loan losses ​ (58) ​ 76 ​ (788) ​ 17 ​ 8 ​ (24) ​ (769) Charge-offs ​ — ​ — ​ — ​ — ​ — ​ (17) ​ (17) Recoveries ​ 7 ​ 36 ​ 86 ​ — ​ 61 ​ 10 ​ 200 Balance, end of period ​ $ 251 ​ $ 1,020 ​ $ 884 ​ $ 45 ​ $ 1,269 ​ $ 39 ​ $ 3,508 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ Obligations ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ ​ ​ ​ ​ ​ ​ of states ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ financial and ​ Real estate- ​ Real estate- ​ and political ​ Real estate- ​ ​ ​ ​ ​ ​ ​ ​ agricultural ​ commercial ​ construction ​ subdivisions ​ mortgage ​ Personal ​ Total December 31, 2022 ​ ​ ​ ​ ​ ​ ​ Loans allocated by: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ 2,025 ​ $ — ​ $ — ​ $ 377 ​ $ — ​ $ 2,402 Acquired with credit deterioration ​ ​ — ​ ​ 334 ​ ​ — ​ ​ — ​ ​ 419 ​ ​ — ​ ​ 753 Collectively evaluated for impairment ​ ​ 61,458 ​ ​ 196,847 ​ ​ 50,748 ​ ​ 18,770 ​ ​ 149,494 ​ ​ 4,040 ​ ​ 481,357 ​ ​ $ 61,458 ​ $ 199,206 ​ $ 50,748 ​ $ 18,770 ​ $ 150,290 ​ $ 4,040 ​ $ 484,512 Allowance for loan losses allocated by: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Acquired with credit deterioration ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Collectively evaluated for impairment ​ ​ 297 ​ ​ 1,110 ​ ​ 1,146 ​ ​ 54 ​ ​ 1,385 ​ ​ 35 ​ ​ 4,027 ​ ​ $ 297 ​ $ 1,110 ​ $ 1,146 ​ $ 54 ​ $ 1,385 ​ $ 35 ​ $ 4,027 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ Loans allocated by: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ 5,262 ​ $ — ​ $ — ​ $ 437 ​ $ — ​ $ 5,699 Acquired with credit deterioration ​ ​ — ​ ​ 357 ​ ​ — ​ ​ — ​ ​ 481 ​ ​ — ​ ​ 838 Collectively evaluated for impairment ​ ​ 62,639 ​ ​ 154,187 ​ ​ 43,281 ​ ​ 16,323 ​ ​ 130,836 ​ ​ 4,500 ​ ​ 411,766 ​ ​ $ 62,639 ​ $ 159,806 ​ $ 43,281 ​ $ 16,323 ​ $ 131,754 ​ $ 4,500 ​ $ 418,303 Allowance for loan losses allocated by: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 2 ​ $ — ​ $ 2 Acquired with credit deterioration ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Collectively evaluated for impairment ​ ​ 251 ​ ​ 1,020 ​ ​ 884 ​ ​ 45 ​ ​ 1,267 ​ ​ 39 ​ ​ 3,506 ​ ​ $ 251 ​ $ 1,020 ​ $ 884 ​ $ 45 ​ $ 1,269 ​ $ 39 ​ $ 3,508 ​ The following tables summarize information regarding impaired loans by portfolio class as of December 31, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ As of December 31, 2022 ​ As of December 31, 2021 ​ Recorded Unpaid Principal Related Recorded Unpaid Principal Related ​ ​ Investment ​ Balance ​ Allowance ​ Investment ​ Balance ​ Allowance Impaired loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ With no related allowance recorded: ​ ​ ​ ​ ​ ​ Real estate - commercial ​ $ 2,025 ​ $ 2,471 ​ $ — ​ $ 5,262 ​ $ 5,720 ​ $ — Acquired with credit deterioration ​ 334 ​ ​ 344 ​ — ​ 357 ​ ​ 366 ​ — Real estate – construction ​ — ​ — ​ — ​ — ​ 649 ​ — Real estate - mortgage ​ 377 ​ 993 ​ — ​ 368 ​ 1,054 ​ — Acquired with credit deterioration ​ 419 ​ ​ 634 ​ — ​ 481 ​ ​ 660 ​ — With an allowance recorded: ​ ​ ​ ​ ​ ​ ​ ​ Real estate - mortgage ​ $ — ​ $ — ​ $ — ​ $ 69 ​ $ 68 ​ $ 2 Total: ​ ​ ​ ​ ​ ​ Real estate - commercial ​ $ 2,025 ​ $ 2,471 ​ $ — ​ $ 5,262 ​ $ 5,720 ​ $ — Acquired with credit deterioration ​ 334 ​ 344 ​ — ​ 357 ​ 366 ​ — Real estate - construction ​ — ​ — ​ — ​ — ​ 649 ​ — Real estate – mortgage ​ 377 ​ 993 ​ — ​ 437 ​ 1,122 ​ 2 Acquired with credit deterioration ​ 419 ​ 634 ​ — ​ 481 ​ 660 ​ — ​ ​ $ 3,155 ​ $ 4,442 ​ $ — ​ $ 6,537 ​ $ 8,517 ​ $ 2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Year Ended December 31, 2022 ​ Year Ended December 31, 2021 ​ Average Interest Cash Basis Average Interest Cash Basis ​ ​ Recorded ​ Income ​ Interest ​ Recorded ​ Income ​ Interest ​ ​ Investment ​ Recognized ​ Income ​ Investment ​ Recognized ​ Income Impaired Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ With no related allowance recorded: ​ ​ ​ ​ ​ ​ Real estate - commercial ​ $ 3,650 ​ $ 190 ​ $ — ​ $ 4,346 ​ $ 166 ​ $ — Acquired with credit deterioration ​ 344 ​ — ​ — ​ 345 ​ — ​ — Real estate - mortgage ​ 400 ​ 10 ​ 39 ​ 579 ​ 10 ​ 30 Acquired with credit deterioration ​ 447 ​ — ​ — ​ 602 ​ — ​ — Total: ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial ​ $ 3,650 ​ $ 190 ​ $ — ​ $ 4,346 ​ $ 166 ​ $ — Acquired with credit deterioration ​ 344 ​ — ​ — ​ 345 ​ — ​ — Real estate - mortgage ​ 400 ​ 10 ​ 39 ​ 579 ​ 10 ​ 30 Acquired with credit deterioration ​ 447 ​ — ​ — ​ 602 ​ — ​ — ​ ​ $ 4,841 ​ $ 200 ​ $ 39 ​ $ 5,872 ​ $ 176 ​ $ 30 ​ The recorded investment in loans excludes accrued interest receivable and loan origination fees, net due to immateriality. For purposes of this disclosure, the unpaid principal balance is not reduced for partial charge-offs. ​ The following table presents non-accrual loans by classes of the loan portfolio as of December 31, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ December 31, 2022 December 31, 2021 Non-accrual loans: ​ ​ ​ ​ ​ ​ Real estate - mortgage ​ $ 139 ​ $ 141 Total ​ $ 139 ​ $ 141 ​ Interest income not recorded based on the original contractual terms of the loans for non-accrual loans was $49,000 in 2022 and in 2021. Consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process at December 31, 2022 and December 31, 2021 totaled $123,000 and $85,000, respectively. The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio summarized by the past due status as of December 31, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ ​ ​ than 89 ​ ​ ​ ​ ​ 30 ‑ 59 Days ​ 60 ‑ 89 Days ​ than 89 ​ Total Past ​ ​ ​ ​ Days and ​ ​ Current ​ Past Due(2) ​ Past Due ​ Days ​ Due ​ Total Loans ​ Accruing(1) As of December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial and agricultural ​ $ 61,359 ​ $ 75 ​ $ — ​ $ 24 ​ $ 99 ​ $ 61,458 ​ $ 24 Real estate - commercial ​ 198,761 ​ — ​ 104 ​ 7 ​ 111 ​ 198,872 ​ 7 Real estate - construction ​ 50,748 ​ — ​ — ​ — ​ — ​ 50,748 ​ — Real estate - mortgage ​ 149,488 ​ 205 ​ 36 ​ 142 ​ 383 ​ 149,871 ​ 4 Obligations of states and political subdivisions ​ 18,770 ​ — ​ — ​ — ​ — ​ 18,770 ​ — Personal ​ 4,008 ​ 27 ​ 1 ​ 4 ​ 32 ​ 4,040 ​ 4 Subtotal ​ ​ 483,134 ​ ​ 307 ​ ​ 141 ​ ​ 177 ​ ​ 625 ​ ​ 483,759 ​ ​ 39 Loans acquired with credit deterioration ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial ​ 334 ​ — ​ — ​ — ​ — ​ 334 ​ — Real estate - mortgage ​ 419 ​ — ​ — ​ — ​ — ​ 419 ​ — Subtotal ​ ​ 753 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 753 ​ ​ — ​ ​ $ 483,887 ​ $ 307 ​ $ 141 ​ $ 177 ​ $ 625 ​ $ 484,512 ​ $ 39 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ ​ ​ than 89 ​ ​ ​ ​ ​ 30 ‑ 59 Days ​ 60 ‑ 89 Days ​ than 89 ​ Total Past ​ ​ ​ ​ Days and ​ Current Past Due(2) Past Due Days Due Total Loans Accruing(1) As of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial and agricultural ​ $ 62,628 ​ $ 11 ​ $ — ​ $ — ​ $ 11 ​ $ 62,639 ​ $ — Real estate - commercial ​ 159,396 ​ 53 ​ — ​ — ​ 53 ​ 159,449 ​ — Real estate - construction ​ 43,281 ​ — ​ — ​ — ​ — ​ 43,281 ​ — Real estate - mortgage ​ 130,242 ​ 440 ​ 488 ​ 103 ​ 1,031 ​ 131,273 ​ 85 Obligations of states and political subdivisions ​ 16,323 ​ — ​ — ​ — ​ — ​ 16,323 ​ — Personal ​ 4,492 ​ 8 ​ — ​ — ​ 8 ​ 4,500 ​ — Subtotal ​ ​ 416,362 ​ ​ 512 ​ ​ 488 ​ ​ 103 ​ ​ 1,103 ​ ​ 417,465 ​ ​ 85 Loans acquired with credit deterioration ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial ​ 357 ​ — ​ — ​ — ​ — ​ 357 ​ — Real estate - mortgage ​ 481 ​ — ​ — ​ — ​ — ​ 481 ​ — Subtotal ​ ​ 838 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 838 ​ ​ — ​ ​ $ 417,200 ​ $ 512 ​ $ 488 ​ $ 103 ​ $ 1,103 ​ $ 418,303 ​ $ 85 (1) These loans are guaranteed, or well secured, and there is an effective means of collection in process. (2) Loans are considered past due when the borrower is in arrears on two or more monthly payments. Troubled Debt Restructurings As of December 31, 2022 and 2021, the Company had a recorded investment in troubled debt restructurings of $2.3 million and $5.6 million, respectively. The decline in troubled debt restructured loans between periods was primarily due to the payoff of a $3.1 million troubled debt restructured loan in 2022. There were no specific reserves for the troubled debt restructured loans, no restructured loans in default with respect to the restructured terms and no commitments to lend additional amounts to these customers as of December 31, 2022 and 2021. There were also no defaults of troubled debt restructurings within 12 months of restructure during 2022 or 2021. There were no loans whose terms were modified, resulting in troubled debt restructurings during 2022. The modification of the terms of the real estate - commercial loan that occurred during the year ended December 31, 2021 consisted of a decline in the stated rate of interest below the current market rate. The following table summarizes the loan whose term was modified, resulting in troubled debt restructurings during 2021. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Pre-Modification Post-Modification ​ ​ ​ ​ Number of ​ Outstanding ​ Outstanding ​ ​ ​ ​ ​ Contracts ​ Recorded Investment ​ Recorded Investment ​ Recorded Investment Year ended December 31, 2021 ​ ​ ​ ​ ​ ​ ​ Accruing troubled debt restructurings: ​ ​ ​ Real estate - commercial 1 ​ $ 2,254 ​ $ 2,254 ​ $ 1,854 ​ 1 ​ $ 2,254 ​ $ 2,254 ​ $ 1,854 ​ The troubled debt restructurings described above had no specific allowance for loan losses and resulted in no charge-offs during the year ending December 31, 2021. ​ Credit Quality Indicators ​ The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. This analysis includes loans to commercial customers with an aggregate loan exposure greater than $500,000 and for lines of credit in excess of $50,000. This analysis is performed on a continuing basis with all such loans reviewed annually. The Company uses the following definitions for risk ratings: ​ Special Mention ​ Substandard ​ Doubtful ​ Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered pass-rated loans. ​ The following table presents the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of December 31, 2022 and December 31, 2021. The decline in special mention real estate – commercial loans as of December 31, 2022 compared to December 31, 2021 was largely due to a $2.9 million payoff of a special mention loan, as well as paydowns and the upgrade of two loan relationships to pass ratings in 2022. The decline in substandard real estate – commercial as of December 31, 2022 compared to December 31, 2021 was primarily due to the payoff of a $3.1 million substandard loan relationship in 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 Pass Mention Substandard Doubtful Total Commercial, financial and agricultural ​ $ 60,990 ​ $ 468 ​ $ — ​ $ — ​ $ 61,458 Real estate - commercial ​ 186,977 ​ 9,802 ​ 2,427 ​ — ​ 199,206 Real estate - construction ​ 50,008 ​ 740 ​ — ​ — ​ 50,748 Real estate - mortgage ​ 149,272 ​ 222 ​ 796 ​ — ​ 150,290 Obligations of states and political subdivisions ​ 18,770 ​ — ​ — ​ — ​ 18,770 Personal ​ 4,040 ​ — ​ — ​ — ​ 4,040 Total ​ $ 470,057 ​ $ 11,232 ​ $ 3,223 ​ $ — ​ $ 484,512 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 Pass Mention Substandard Doubtful Total Commercial, financial and agricultural ​ $ 61,372 ​ $ 577 ​ $ 690 ​ $ — ​ $ 62,639 Real estate - commercial ​ 137,684 ​ 16,429 ​ 5,693 ​ — ​ 159,806 Real estate - construction ​ 42,394 ​ — ​ 887 ​ — ​ 43,281 Real estate - mortgage ​ 130,584 ​ 252 ​ 918 ​ — ​ 131,754 Obligations of states and political subdivisions ​ 16,323 ​ — ​ — ​ — ​ 16,323 Personal ​ 4,500 ​ — ​ — ​ — ​ 4,500 Total ​ $ 392,857 ​ $ 17,258 ​ $ 8,188 ​ $ — ​ $ 418,303 ​

BANK OWNED LIFE INSURANCE AND A

BANK OWNED LIFE INSURANCE AND ANNUITIES	12 Months Ended
	Dec. 31, 2022
BANK OWNED LIFE INSURANCE AND ANNUITIES
BANK OWNED LIFE INSURANCE AND ANNUITIES	7. BANK OWNED LIFE INSURANCE AND ANNUITIES The Company holds bank-owned life insurance (“BOLI”) and deferred annuities with a combined cash value of $15.2 million and $16.9 million at December 31, 2022 and 2021, respectively. As annuitants retire, the deferred annuities may be converted to payout annuities to create payment streams that match certain post-retirement liabilities. The cash surrender value on the BOLI and annuities decreased by $1.7 million in 2022 with the net change resulting from proceeds from death benefits received, premium payments and earnings recorded as non-interest income. The net increase in cash surrender value on the BOLI and annuities was $284,000 in 2021. The contracts are owned by the Bank in various insurance companies. The crediting rate on the policies varies annually based on the insurance companies’ investment portfolio returns in their general fund and market conditions. Changes in cash value of BOLI and annuities in 2022 and 2021 are shown below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Life ​ Deferred ​ ​ ​ ​ Insurance Annuities Total Balance as of January 1, 2021 ​ $ 16,010 $ 558 ​ $ 16,568 Earnings ​ 225 ​ 21 ​ 246 Premiums on existing policies ​ 26 ​ 12 ​ 38 Balance as of December 31, 2021 ​ 16,261 ​ 591 ​ 16,852 Earnings ​ 198 ​ 21 ​ 219 Premiums on existing policies ​ 8 ​ 12 ​ 20 Annuity payments received ​ ​ 10 ​ ​ — ​ ​ 10 Death Benefits received ​ (1,847) ​ (57) ​ (1,904) Balance as of December 31, 2022 ​ $ 14,630 ​ $ 567 ​ $ 15,197 ​

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2022
PREMISES AND EQUIPMENT
PREMISES AND EQUIPMENT	8. PREMISES AND EQUIPMENT Premises and equipment consist of the following: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, ​ 2022 2021 Land ​ $ 294 ​ $ 294 Buildings and improvements ​ 13,698 ​ 13,486 Furniture, computer software and equipment ​ 7,144 ​ 6,940 ​ ​ 21,136 ​ 20,720 Less: accumulated depreciation ​ (12,946) ​ (12,349) ​ ​ $ 8,190 ​ $ 8,371 ​ Depreciation expense on premises and equipment charged to operations was $631,000 in 2022 and $712,000 in 2021. ​ The Company had no premises and equipment subject to lease agreements in which it acts as the lessor.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS
GOODWILL AND OTHER INTANGIBLE ASSETS	9. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill ​ On September 8, 2006, the Company acquired a branch office in Richfield, PA. Goodwill associated with this transaction is carried at $2.0 million. On November 30, 2015, the Company acquired FNBPA and carries goodwill of $3.4 million relating to the acquisition. On April 30, 2018, Juniata completed the acquisition of the remaining stock of LCB and, as a result, recorded goodwill of $3.6 million. Total goodwill at both December 31, 2022 and December 31, 2021 was $9.0 million. ​ Intangible Assets ​ On November 30, 2015, a core deposit intangible in the amount of $303,000 associated with the FNBPA acquisition was recorded. On April 30, 2018, a core deposit intangible of $289,000 associated with the LCB acquisition was recorded. Both core deposit intangibles are being amortized over a ten-year period using a sum of the years’ digits basis. ​ The following table shows the amortization schedule for each of the intangible assets recorded. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) FNBPA LCB ​ ​ Acquisition ​ Acquisition ​ ​ Core ​ Core ​ ​ Deposit ​ Deposit ​ ​ Intangible ​ Intangible Beginning Balance at Acquisition Date ​ $ 303 ​ $ 289 Amortization expense recorded prior to December 31, 2020 ​ 223 ​ 128 Amortization expense recorded in Years ended: ​ ​ December 31, 2021 ​ 27 ​ 39 December 31, 2022 ​ 21 ​ 33 Unamortized balance as of December 31, 2022 ​ $ 32 ​ $ 89 ​ ​ ​ ​ ​ ​ ​ Scheduled Amortization expense for years ended: ​ ​ December 31, 2023 ​ $ 16 ​ $ 28 December 31, 2024 ​ 11 ​ 23 December 31, 2025 ​ 5 ​ 17 December 31, 2026 ​ — ​ 12 December 31, 2027 ​ — ​ 7 Thereafter ​ — ​ 2 ​

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2022
DEPOSITS
DEPOSITS	10. DEPOSITS The aggregate amount of demand deposit overdrafts that were reclassified as loans was $46,000 at December 31, 2022, compared to $31,000 at December 31, 2021. Deposits consist of the following: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, ​ 2022 2021 Demand, non-interest bearing ​ $ 199,131 ​ $ 182,022 Interest-bearing demand and money market ​ 227,028 ​ 240,974 Savings ​ 143,082 ​ 142,187 Time deposits, $250,000 or more ​ 13,238 ​ 13,547 Other time deposits ​ 129,033 ​ 129,717 ​ ​ $ 711,512 ​ $ 708,447 ​ Included in interest bearing demand and money markets as of December 31, 2021 was $30.0 million in brokered demand deposits, while there were no brokered deposits as of December 31, 2022. ​ The aggregate amount of scheduled maturities of time deposits as of December 31, 2022 include the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Time Deposits Maturing in: $250,000 or more Other Total Time Deposits 2023 ​ $ 4,366 ​ $ 53,416 ​ $ 57,782 2024 ​ 6,901 ​ 44,731 ​ 51,632 2025 ​ 1,436 ​ 10,322 ​ 11,758 2026 ​ — ​ 13,058 ​ 13,058 2027 ​ 267 ​ 5,896 ​ 6,163 Later ​ 268 ​ 1,610 ​ 1,878 ​ ​ $ 13,238 ​ $ 129,033 ​ $ 142,271 ​

BORROWINGS

BORROWINGS	12 Months Ended
	Dec. 31, 2022
BORROWINGS
BORROWINGS	11. BORROWINGS Short term borrowings, and the related maximum amounts outstanding at the end of any month in the years ended December 31, 2022 and 2021, are presented below. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ Maximum Outstanding at ​ ​ Years Ended December 31, ​ ​ Any Month End ​ 2022 2021 ​ 2022 2021 Repurchase agreements ​ $ 7,585 ​ $ 4,227 ​ ​ $ 7,585 ​ $ 4,804 Short-term borrowings with FHLB: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Overnight advances ​ 28,125 ​ — ​ ​ 28,125 ​ 9,000 3-month advances ​ ​ 20,000 ​ ​ — ​ ​ ​ 20,000 ​ ​ 20,000 ​ ​ $ 55,710 ​ $ 4,227 ​ ​ $ 55,710 ​ $ 33,804 ​ Short-term borrowings were at their maximum 2022 outstanding levels on December 31, 2022. Repurchase agreements increased between the years ended December 31, 2022 and 2021 due to an additional customer relationship added in 2022. Overnight borrowings increased as of December 31, 2022 compared to December 31, 2021 due to increased funding needs, primarily from loan growth in 2022, while 3-month advances increased due to Juniata reverting to using $20.0 million in FHLB short-term advances to supplement core deposits to satisfy its funding needs in lieu of brokered demand deposits. The following table presents supplemental information related to short-term borrowings. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Securities sold under ​ ​ ​ ​ ​ ​ agreements to repurchase ​ ​ Short-term borrowings ​ ​ 2022 2021 ​ 2022 2021 Amount outstanding as of December 31 ​ $ 7,585 ​ $ 4,227 ​ ​ $ 48,125 ​ $ — ​ Weighted average interest rate as of December 31 ​ 3.44 % 0.10 % ​ 4.55 % — % Average amount outstanding during the year ​ $ 5,532 ​ $ 4,249 ​ ​ $ 18,635 ​ $ 6,741 ​ Weighted average interest rate during the year ​ 1.54 % 0.10 % ​ 3.05 % 0.38 % ​ The Bank has repurchase agreements with some of its depositors, under which customers’ funds are invested daily into an interest bearing account. These funds are carried by the Company as short-term debt. It is the Company’s policy to completely collateralize repurchase agreements with U.S. Government securities. As of December 31, 2022, the securities that serve as collateral for securities sold under agreements to repurchase had a fair value of $10.5 million. The interest rate paid on these funds is variable and subject to change daily. Long-term debt is comprised only of FHLB advances with an original maturity of one year or more. Outstanding balances were $20,000,000 as of December 31, 2022 and December 31, 2021. The following table summarizes the scheduled maturities of long-term debt as of December 31, 2022. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Scheduled ​ Weighted Average ​ Year Maturities Interest Rate ​ 2023 ​ $ — ​ — % 2024 ​ ​ 15,000 ​ 2.29 ​ 2025 ​ ​ 5,000 2.41 ​ 2026 ​ — — ​ 2027 ​ — — ​ Thereafter ​ ​ — ​ — ​ ​ ​ $ 20,000 2.32 % ​ The Bank must maintain sufficient qualifying collateral with the FHLB to secure borrowings. Therefore, a Master Collateral Agreement has been entered into which pledges all mortgage related assets as collateral for future borrowings. Mortgage related assets could include loans or investment securities. As of December 31, 2022, the amount of loans included in qualifying collateral was $306.3 million. As of December 31, 2021, the amount of loans included in qualifying collateral was $253.8 million. No investment securities were included in qualifying collateral as of December 31, 2022 or 2021. ​ The Bank’s maximum borrowing capacity with the FHLB was $214.7 million, with a balance of $68.4 million outstanding as of December 31, 2022. The Bank’s maximum borrowing capacity with the FHLB was $182.6 million, with a balance of $20.7 million outstanding as of December 31, 2021. To borrow additional amounts, the FHLB would require the Bank to purchase additional FHLB Stock. The FHLB is a source of both short-term and long-term funding. The Bank must maintain sufficient qualifying collateral to secure all outstanding advances. Qualifying collateral is defined by the FHLB and includes outstanding balances of the Company’s real estate loans, excluding loans with certain risk mitigants, including delinquencies and loans made to insiders, borrowers with low credit scores or loans with high loan-to-value ratios.

OPERATING LEASE OBLIGATIONS

OPERATING LEASE OBLIGATIONS	12 Months Ended
	Dec. 31, 2022
OPERATING LEASE OBLIGATIONS
OPERATING LEASE OBLIGATIONS	12. OPERATING LEASE OBLIGATIONS The Company has four operating leases, of which one is with a related party. The leases are comprised of real estate property for branch and office space with terms extending through 2029. As of December 31, 2022, the Company had operating lease ROU assets The calculated amount of the ROU assets and lease liabilities are impacted by the length of the lease term and the discount rate used to calculate the present value of the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception, the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Topic 842 requires the use of the rate implicit in the lease as the discount rate if that rate is readily determinable. As this rate is rarely determinable, the Company utilized its incremental borrowing rate at lease inception, which is the rate the Company would have incurred to borrow on a collateralized basis over a similar term at an amount equal to the lease payments in a similar economic environment. As of December 31, 2022, the weighted-average remaining operating lease term was 5.1 years, and the weighted-average discount rate was 4.97%. The Company’s total operating lease cost for the years ended December 31, 2022 and 2021 was $110,000 and $119,000, respectively. During the years ended December 31, 2022 and 2021, total operating lease payments made to a related party totaled $24,000. The future minimum payments for operating leases with initial or remaining terms of one year or more as of December 31, 2022 were as follows: ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ Years ending December 31, Lease Obligation 2023 ​ $ 107 2024 ​ 95 2025 ​ 95 2026 ​ 52 2027 ​ 49 2028 and beyond ​ 62 Total Future Minimum Lease Payments ​ ​ 460 Amounts Representing Interest ​ ​ (57) Present Value of Net Future Minimum Lease Payments ( Lease Liability ) ​ $ 403 ​

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2022
INCOME TAXES
INCOME TAXES	13. INCOME TAXES The components of income tax expense for the two years ended December 31 were: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Years Ended December 31, ​ 2022 2021 Current tax expense ​ $ 513 ​ $ 235 Deferred tax expense ​ 129 ​ 49 Total tax provision ​ $ 642 ​ $ 284 ​ Federal credits are available for ten years for Juniata’s investment in two low income housing projects. Tax credits associated with phase I of the projects will continue through January 2023 2027 The total tax provision during the year ended December 31, 2022 was $642,000 compared to $284,000 during the year ended December 31, 2021. A reconciliation of the statutory income tax expense computed at 21% to the income tax expense included in the consolidated statements of income follows: ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Years Ended December 31, ​ ​ 2022 2021 Income before income taxes ​ $ 8,962 ​ $ 6,888 ​ Statutory tax rate ​ 21 % 21 % Federal tax at statutory rate ​ 1,882 ​ 1,447 ​ Tax-exempt interest ​ (189) ​ (208) ​ Net earnings on BOLI ​ (67) ​ (36) ​ Gain from life insurance proceeds ​ (80) ​ — ​ Stock-based compensation ​ 3 ​ (2) ​ Federal tax credits ​ (902) ​ (902) ​ Other permanent differences ​ (5) ​ (15) ​ Total tax provision ​ $ 642 ​ $ 284 ​ Effective tax rate ​ 7.2 % 4.1 % ​ ​ Deductible temporary differences and taxable temporary differences gave rise to a net deferred tax asset for the Company as of December 31, 2022 and December 31, 2021. The components are detailed below: ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Years Ended December 31, ​ 2022 2021 Deferred Tax Assets: ​ ​ Allowance for loan losses ​ $ 847 ​ $ 741 Deferred directors’ compensation ​ 212 ​ 329 Employee and director benefits ​ 252 ​ 264 Stock-based compensation ​ ​ 51 ​ ​ 59 Investment in low income housing project ​ 494 ​ 397 Fair value adjustments to acquired assets and liabilities ​ 146 ​ 172 Tax credit carryforward ​ — ​ 235 Lease liability ​ ​ 85 ​ ​ 63 Unrealized loss on debt securities available for sale ​ ​ 1,638 ​ ​ 1,008 Unrealized loss on debt securities held to maturity ​ 9,536 ​ — Total deferred tax assets ​ 13,261 ​ 3,268 ​ ​ ​ ​ ​ ​ ​ Deferred Tax Liabilities: ​ ​ Depreciation ​ (124) ​ (165) Right of use asset ​ ​ (83) ​ ​ (62) Loan origination fees and costs ​ (559) ​ (505) Prepaid expenses ​ (10) ​ (20) Unrealized gains on debt securities available for sale ​ ​ — ​ ​ — Unrealized gain from securities impairment ​ ​ (16) ​ ​ (58) Unrealized gain on derivatives ​ ​ (56) ​ ​ (114) Annuity earnings ​ (73) ​ (68) Fair value of mortgage servicing rights ​ (19) ​ (25) Intangible assets ​ (26) ​ (37) Goodwill ​ (429) ​ (429) Other ​ (28) ​ (42) Total deferred tax liabilities ​ (1,423) ​ (1,525) Net deferred tax asset included in other assets ​ $ 11,838 ​ $ 1,743 ​ The Company has concluded that the deferred tax assets are realizable (on a more likely than not basis) through the combination of future reversals of existing taxable temporary differences, certain tax planning strategies and expected future taxable income. It is the Company’s policy to recognize interest and penalties on unrecognized tax benefits in income tax expense in the Consolidated Statements of Income. No significant income tax uncertainties were identified because of the Company’s evaluation of its income tax position. Therefore, the Company recognized no adjustment for unrecognized income tax benefits for the years ended December 31, 2022 and 2021. The Company is no longer subject to examination by taxing authorities for years before 2019. Tax years 2019 through the present, with limited exception, remain open to examination.

STOCKHOLDERS' EQUITY AND REGULA

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2022
STOCKHOLDERS' EQUITY AND REGULATORY MATTERS
STOCKHOLDERS' EQUITY AND REGULATORY MATTERS	14. STOCKHOLDERS’ EQUITY AND REGULATORY MATTERS The Company is authorized to issue shares of preferred stock with no par value. The Board has the ability to fix the voting, dividend, redemption and other rights of the preferred stock, which can be issued in one or more series. No shares of preferred stock have been issued. The Company has a dividend reinvestment and stock purchase plan. Under this plan, additional shares of Juniata Valley Financial Corp. stock may be purchased by shareholders at the prevailing market prices through reinvested dividends and voluntary cash payments, within limits. To the extent that shares are not available in the open market, the Company has reserved common stock to be issued under the plan. Any adjustment in capitalization of the Company will result in a proportionate adjustment to the reserved shares for this plan. At December 31, 2022, 141,887 shares were available for issuance under the Dividend Reinvestment Plan. No shares were issued under this plan in 2022 or 2021. The Company periodically repurchases shares of its common stock under a share repurchase program approved by the Board of Directors. In November of 2021, the Board of Directors authorized the repurchase of an additional 200,000 shares of its common stock through its share repurchase program. The program will remain authorized until all approved shares are repurchased, unless terminated by the Board of Directors. Repurchases have typically been through open market transactions and have complied with all regulatory restrictions on the timing and amount of such repurchases. Shares repurchased have been added to treasury stock and accounted for at cost. These shares may be reissued for stock option exercises, stock awards, employee stock purchase plan purchases, to fulfill dividend reinvestment program needs and to supply shares needed for exchange in an acquisition. During 2022 and 2021, 170 and 50,482 shares, respectively, were repurchased in conjunction with this program. In 2022 and 2021, 825 and 200 issued shares, respectively, were transferred to treasury due to forfeitures of restricted stock awards. Remaining shares authorized to be repurchased in the program were 208,312 as of December 31, 2022. Regulatory Capital The Bank is subject to risk-based capital standards by which banks are evaluated in terms of capital adequacy. These regulatory capital requirements are administered by the federal banking agencies. Failure to meet minimum capital requirements can result in certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital and classification are also subject to qualitative judgments by the regulators. Management believes that, as of December 31, 2022, the Bank meets all capital adequacy requirements to which it is subject. Prompt corrective action regulations provide five classifications: well-capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If adequately capitalized, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. At year-end 2022 and 2021, the most recent regulatory notifications categorized the Bank as well-capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the institution’s category. In 2019, the federal banking agencies jointly issued a final rule that provides for an optional, simplified measure of capital adequacy, the community bank leverage ratio framework (“CBLR framework”), for qualifying community banking organizations, consistent with Section 201 of the Economic Growth Act. As of December 31, 2022, the Bank was a qualifying community banking organization as defined by the federal banking agencies but elected to use the risk-weighting framework under the Basel III capital requirements at year-end 2022 and 2021. A capital conservation buffer of 2.50% is applicable to all capital ratios except for the Tier 1 Leverage ratio. The capital conservation buffer is equal to the lowest value of the three applicable capital ratios less the regulatory minimum (“adequately capitalized”) for each respective capital measurement. The Bank’s capital conservation buffer at December 31, 2022 was 2.50% and is included in the capital adequacy ratios in the tables below. Compliance with the capital conservation buffer is required to avoid limitations on certain capital distributions, especially dividends. ​ ​ Actual and required capital amounts and ratios as of December 31, 2022 and December 31, 2021, are presented below. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Regulatory ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Requirements ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ to be Well ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ under Prompt (Dollars in thousands) ​ ​ ​ ​ ​ ​ for Capital ​ Corrective Action ​ ​ Actual ​ Adequacy Purposes ​ Provisions The Juniata Valley Bank Amount Ratio Amount Ratio Amount Ratio ​ As of December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Capital (to Risk Weighted Assets) ​ $ 73,143 13.01 % $ 59,040 10.50 % $ 56,229 10.00 % Tier 1 Capital (to Risk Weighted Assets) ​ 69,116 12.29 % 47,794 8.50 % 44,983 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) ​ 69,116 12.29 % 39,360 7.00 % 36,549 6.50 % Tier 1 Capital (to Average Assets) Leverage ​ 69,116 8.48 % 32,605 4.00 % 40,756 5.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021: ​ ​ ​ ​ Total Capital (to Risk Weighted Assets) ​ $ 56,153 11.06 % $ 54,580 10.50 % $ 51,981 10.00 % Tier 1 Capital (to Risk Weighted Assets) ​ 56,153 11.06 % 44,184 8.50 % 41,585 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) ​ 56,153 11.06 % 36,387 7.00 % 33,788 6.50 % Tier 1 Capital (to Average Assets) Leverage ​ 56,153 6.99 % 32,502 4.00 % 40,627 5.00 % ​ The actual regulatory capital amounts and ratios reported in Juniata’s December 31, 2021 Form 10-K were total capital of $68.4 million; tier 1 capital and common equity tier 1 capital of $64.9 million; total capital ratio – 13.16%; tier 1 capital and common equity tier 1 capital ratios – 12.48%; and leverage ratio – 7.98%. The change was the result of refiling the Bank’s December 31, 2021 call report, subsequent to filing the December 31, 2021 Form 10-K, due to the treatment of subordinated debt of unconsolidated financial institutions. ​ Certain regulatory restrictions exist regarding the ability of the Bank to transfer funds to the Company in the form of cash dividends, loans or advances. As of December 31, 2022, $37,324,000 of undistributed earnings of the Bank, included in the consolidated stockholders’ equity, was available for distribution to the Company as dividends without prior regulatory approval, subject to the regulatory capital requirements above.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2022
EARNINGS PER SHARE
EARNINGS PER SHARE	15. EARNINGS PER SHARE Basic earnings per share (“EPS”) is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. Potential common shares that may be issued by the Company relate solely to outstanding stock options and are determined using the treasury stock method. Restricted stock is participating, and therefore, is included in the basic EPS calculation. The following table sets forth the computation of basic and diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ (Amounts in thousands, except earnings per share data) ​ Year ended December 31, ​ 2022 2021 Net income ​ $ 8,320 ​ $ 6,604 Weighted-average common shares outstanding ​ 5,000 ​ 5,004 Basic earnings per share ​ ​ 1.66 ​ ​ 1.32 ​ ​ ​ ​ ​ ​ ​ Weighted-average common shares outstanding ​ $ 5,000 ​ $ 5,004 Common stock equivalents due to effect of stock options ​ 9 ​ 9 Total weighted-average common shares and equivalents ​ $ 5,009 ​ $ 5,013 Diluted earnings per share ​ $ 1.66 ​ $ 1.32 Anti-dilutive stock options outstanding ​ 1 ​ — ​

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME	12 Months Ended
	Dec. 31, 2022
ACCUMULATED OTHER COMPREHENSIVE INCOME
ACCUMULATED OTHER COMPREHENSIVE INCOME	16. ACCUMULATED OTHER COMPREHENSIVE INCOME The following tables show changes in accumulated other comprehensive income by component, net of tax, for the years ending December 31, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Gains on Cash Flow Hedges Unrealized Losses on Securities Total Beginning balance, December 31, 2021 ​ $ 427 ​ $ (3,792) ​ $ (3,365) Current period other comprehensive income (loss): ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) before reclassification ​ ​ 964 ​ ​ (40,485) ​ ​ (39,521) Amounts reclassified from accumulated other comprehensive income (loss) ​ ​ (1,180) ​ ​ 2,199 ​ ​ 1,019 Net current period other comprehensive loss ​ (216) ​ (38,286) ​ (38,502) Ending balance, December 31, 2022 ​ $ 211 ​ $ (42,078) ​ $ (41,867) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Gains and (Losses) on Cash Flow Hedges Unrealized Gains and (Losses) on Available for Sale Securities Total Beginning balance, December 31, 2020 ​ $ (45) ​ $ 3,563 ​ $ 3,518 Current period other comprehensive income (loss): ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) before reclassification ​ ​ 425 ​ ​ (7,338) ​ ​ (6,913) Amounts reclassified from accumulated other comprehensive income (loss) ​ ​ 47 ​ ​ (17) ​ ​ 30 Net current period other comprehensive income (loss) ​ 472 ​ (7,355) ​ (6,883) Ending balance, December 31, 2021 ​ $ 427 ​ $ (3,792) ​ $ (3,365) ​ The following table shows significant amounts reclassified out of each component of accumulated other comprehensive income for the year ending December 31, 2022: ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ Details About Accumulated Other Comprehensive Loss Components Amount Reclassified From Accumulated Other Comprehensive Loss ​ Affected Line Item in the Consolidated Statements of Income Unrealized gains and losses on securities ​ ​ ​ ​ ​ Realized losses on available for sale securities ​ $ 1,453 ​ (Gain) loss on sales and calls of securities Amortization of unrealized losses on held to maturity securities ​ ​ 1,342 ​ ​ Total before tax ​ ​ 2,795 ​ ​ Tax effect ​ ​ (596) ​ Income tax provision (benefit) Net of tax ​ ​ 2,199 ​ ​ Unrealized gains and losses on cash flow hedges ​ ​ ​ ​ ​ Realized gains on cash flow hedges ​ ​ (291) ​ Short-term borrowings and repurchase agreements Realized gains on swap termination ​ ​ (1,202) ​ Other non-interest income Total before tax ​ ​ (1,493) ​ ​ Tax effect ​ ​ 313 ​ Income tax provision (benefit) Net of tax ​ ​ (1,180) ​ ​ Total reclassifications for the period, net of tax ​ $ 1,019 ​ ​ ​ The following table shows significant amounts reclassified out of each component of accumulated other comprehensive loss for the year ending December 31, 2021: ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ Details About Accumulated Other Comprehensive Loss Components Amount Reclassified From Accumulated Other Comprehensive Loss ​ Affected Line Item in the Consolidated Statements of Income Unrealized gains and losses on securities ​ ​ ​ ​ ​ Realized gains on available for sale securities ​ $ (21) ​ (Gain) loss on sales and calls of securities Total before tax ​ ​ (21) ​ ​ Tax effect ​ ​ 4 ​ Income tax provision (benefit) Net of tax ​ ​ (17) ​ ​ Unrealized gains and losses on cash flow hedges ​ ​ ​ ​ ​ Realized losses on cash flow hedges ​ ​ 60 ​ Short-term borrowings and repurchase agreements Total before tax ​ ​ 60 ​ ​ Tax effect ​ ​ (13) ​ Income tax provision (benefit) Net of tax ​ ​ 47 ​ ​ Total reclassifications for the period, net of tax ​ $ 30 ​ ​ ​

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	12 Months Ended
	Dec. 31, 2022
FAIR VALUE MEASUREMENT
FAIR VALUE MEASUREMENT	17. FAIR VALUE MEASUREMENT Fair value measurement and disclosure guidance defines fair value as the price that would be received to sell an asset or transfer a liability in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date under current market conditions. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability is not adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact. Additional guidance is provided on determining when the volume and level of activity for the asset or liability has significantly decreased. The guidance also includes guidance on identifying circumstances when a transaction may not be considered orderly. Fair value measurement and disclosure guidance provides a list of factors that a reporting entity should evaluate to determine whether there has been a significant decrease in the volume and level of activity for the asset or liability in relation to normal market activity for the asset or liability. When the reporting entity concludes there has been a significant decrease in the volume and level of activity for the asset or liability, further analysis of the information from that market is needed, and significant adjustments to the related prices may be necessary to estimate fair value in accordance with fair value measurement and disclosure guidance. This guidance clarifies that, when there has been a significant decrease in the volume and level of activity for the asset or liability, some transactions may not be orderly. In those situations, the entity must evaluate the weight of the evidence to determine whether the transaction is orderly. The guidance provides a list of circumstances that may indicate that a transaction is not orderly. A transaction price that is not associated with an orderly transaction is given little, if any, weight when estimating fair value. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. The income approach uses valuation techniques to convert future amounts, such as cash flows or earnings, to a single present amount on a discounted basis. The cost approach is based on the amount that currently would be required to replace the service capacity of an asset (replacement cost). Valuation techniques should be consistently applied. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable, meaning those that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources, or unobservable, meaning those that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. In that regard, the guidance establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1 Inputs Level 2 Inputs Level 3 Inputs An asset’s or liability’s placement in the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality, the Company’s creditworthiness, among other things, as well as unobservable parameters. Any such valuation adjustments are applied consistently over time. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Equities Securities The fair value of equity securities is based upon quoted prices in active markets and is reported using Level 1 inputs. Debt Securities For debt securities where quoted prices are not available, fair values are calculated based on market prices of similar securities and are reported at fair value utilizing Level 2 inputs. For these securities, the Company obtains fair value measurement from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the debt securities’ terms and conditions, among other things. For debt securities where quoted prices or market prices of similar securities are not available, fair values are calculated using other market indicators and are reported at fair value utilizing Level 3 inputs. Derivatives The fair values of derivatives are based on valuation models using observable market data as of the measurement date utilizing Level 2 inputs. The Company’s derivatives are comprised of interest rate swaps traded in an over-the-counter market where quoted market prices are not always available; therefore, the fair values are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of curves, prepayment rates and volatility factors used to value the position. Most market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. Impaired Loans Certain impaired loans are reported on a non-recurring basis at the fair value of the underlying collateral since repayment is expected solely from the collateral. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the expected proceeds. These assets are included in the Level 3 fair value classification, based upon the lowest level of input that is significant to the fair value measurements. Other Real Estate Owned Certain assets included in other real estate owned are carried at fair value because of impairment and accordingly are measured on a non-recurring basis as they are carried at the lower of cost or fair value. These assets are subsequently accounted for at the lower of cost or fair value less estimated costs to sell. Values are estimated using Level 3 inputs, based on appraisals that consider the sales prices of property in the proximate vicinity less estimated costs to sell. Mortgage Servicing Rights The fair value of servicing assets is based on the present value of estimated future cash flows on pools of mortgages stratified by rate and maturity date and are considered Level 3 inputs. The following tables summarize financial assets and financial liabilities measured at fair value as of December 31, 2022 and December 31, 2021, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant ​ ​ ​ (Dollars in thousands) ​ Active Markets ​ Other ​ Other ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ December 31, 2022 ​ Assets ​ Inputs ​ Inputs ​ Total Assets measured at fair value on a recurring basis: ​ ​ ​ ​ Debt securities available for sale: ​ ​ ​ ​ Obligations of U.S. Government agencies and corporations ​ $ — ​ $ 13,705 ​ $ — ​ $ 13,705 Obligations of state and political subdivisions ​ — ​ 7,679 ​ — ​ 7,679 Corporate debt securities ​ ​ — ​ ​ 8,196 ​ ​ 7,145 ​ ​ 15,341 Mortgage-backed securities ​ — ​ 36,811 ​ — ​ 36,811 Total debt securities available for sale ​ $ — ​ $ 66,391 ​ $ 7,145 ​ $ 73,536 Equity securities ​ $ 1,056 ​ $ — ​ $ — ​ $ 1,056 Mortgage servicing rights ​ $ — ​ $ — ​ $ 92 ​ $ 92 Interest rate swaps ​ $ — ​ $ 268 ​ $ — ​ $ 268 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant ​ ​ ​ (Dollars in thousands) ​ Active Markets ​ Other ​ Other ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ December 31, 2021 ​ Assets ​ Inputs ​ Inputs ​ Total Assets measured at fair value on a recurring basis: ​ ​ ​ ​ Debt securities available for sale: ​ ​ ​ ​ Obligations of U.S. Government agencies and corporations ​ $ — ​ $ 40,526 ​ $ — ​ $ 40,526 Obligations of state and political subdivisions ​ — ​ 9,220 ​ — ​ 9,220 Corporate debt securities ​ ​ — ​ ​ 30,476 ​ ​ 4,520 ​ ​ 34,996 Mortgage-backed securities ​ — ​ 250,682 ​ — ​ 250,682 Total debt securities available for sale ​ $ — ​ $ 330,904 ​ $ 4,520 ​ $ 335,424 Equity securities ​ $ 1,124 ​ $ — ​ $ — ​ $ 1,124 Mortgage servicing rights ​ $ — ​ $ — ​ $ 120 ​ $ 120 Interest rate swaps ​ $ — ​ $ 541 ​ $ — ​ $ 541 ​ The table below presents a reconciliation of the beginning and ending balances of investment securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2022 and 2021. ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended (Dollars in thousands) ​ December 31, ​ ​ 2022 ​ 2021 Investment Securities: ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 4,520 ​ $ 2,000 Total gains (loss) included in OCI ​ ​ (1,375) ​ ​ 20 Purchases ​ ​ 4,000 ​ ​ 2,500 Principal payments and other ​ ​ — ​ ​ — Sales ​ ​ — ​ ​ — Balance, end of period ​ $ 7,145 ​ $ 4,520 ​ Mortgage servicing rights and assets measured at fair value on a nonrecurring basis for which Level 3 inputs have been used to determine fair value are immaterial to the Company’s consolidated financial statements. ​ Fair Value of Financial Instruments Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent weaknesses in any estimation technique. Therefore, the fair value estimates herein are not necessarily indicative of the amounts the Company could have realized in sales transactions on the dates indicated. The estimated fair value amounts have been measured as of their respective year ends and have not been re-evaluated or updated for purposes of these consolidated financial statements after those respective dates. As such, the estimated fair values of these financial instruments after the respective reporting dates may be different from the amounts reported at each year end. The information presented below should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is provided only for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The carrying amounts and estimated fair values of the Company’s financial instruments are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial Instruments (Dollars in thousands) ​ December 31, 2022 ​ December 31, 2021 ​ Carrying Fair Carrying Fair ​ ​ Value ​ Value ​ Value ​ Value Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 10,856 ​ $ 10,856 ​ $ 12,928 ​ $ 12,928 Interest bearing deposits with banks ​ 143 ​ 143 ​ 598 ​ 598 Interest bearing time deposits with banks ​ — ​ — ​ 735 ​ 735 Debt securities available for sale ​ 73,536 ​ 73,536 ​ 336,548 ​ 336,548 Debt securities held to maturity ​ ​ 209,565 ​ ​ 209,887 ​ ​ — ​ ​ — Restricted investment in bank stock ​ ​ 3,666 ​ N/A ​ 2,116 ​ N/A Loans, net of allowance for loan losses ​ 480,485 ​ 467,667 ​ 414,795 ​ 414,984 Interest rate swaps ​ ​ 268 ​ ​ 268 ​ ​ 541 ​ ​ 541 Accrued interest receivable ​ 2,124 ​ 2,124 ​ 1,814 ​ 1,814 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ Non-interest bearing deposits ​ $ 199,131 ​ $ 199,131 ​ $ 182,022 ​ $ 182,022 Interest bearing deposits ​ 512,381 ​ 508,753 ​ 526,425 ​ 528,952 Securities sold under agreements to repurchase ​ 7,585 ​ N/A ​ 4,227 ​ N/A Short-term borrowings ​ 48,125 ​ 48,122 ​ — ​ — Long-term debt ​ 20,000 ​ 19,156 ​ 20,000 ​ 20,520 Other interest bearing liabilities ​ 1,011 ​ 1,009 ​ 1,568 ​ 1,568 Accrued interest payable ​ 333 ​ 333 ​ 252 ​ 252 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Off-balance sheet financial instruments: ​ ​ ​ ​ Commitments to extend credit ​ $ — ​ $ — ​ $ — ​ $ — Letters of credit ​ — ​ — ​ — ​ — ​ The following tables present the carrying amount, fair value and placement in the fair value hierarchy of the Company’s financial instruments not previously disclosed as of December 31, 2022 and December 31, 2021. These tables exclude financial instruments for which the carrying amount approximates fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Other ​ Other ​ ​ Carrying ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ Amount ​ Fair Value ​ Assets or Liabilities ​ Inputs ​ Inputs December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial instruments - Assets ​ ​ ​ ​ ​ Debt securities held to maturity ​ $ 209,565 ​ $ 209,887 ​ $ — ​ $ 209,887 ​ $ — Loans, net of allowance for loan losses ​ ​ 480,485 ​ ​ 467,667 ​ ​ — ​ ​ — ​ ​ 467,667 Financial instruments - Liabilities ​ ​ ​ ​ ​ ​ ​ ​ Interest bearing deposits ​ $ 512,381 ​ $ 508,753 ​ $ — ​ $ 508,753 ​ $ — Long-term debt ​ 20,000 ​ 19,156 ​ — ​ 19,156 ​ — Other interest bearing liabilities ​ 1,011 ​ 1,009 ​ — ​ 1,009 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) ​ (Level 2) ​ (Level 3) ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Other ​ Other ​ ​ Carrying ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Amount Fair Value Assets or Liabilities Inputs Inputs December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial instruments - Assets ​ ​ ​ ​ ​ Interest bearing time deposits with banks ​ $ 735 ​ $ 735 ​ $ — ​ $ 735 ​ $ — Loans, net of allowance for loan losses ​ 414,795 ​ 414,984 ​ — ​ — ​ 414,984 Financial instruments - Liabilities ​ ​ ​ ​ ​ ​ ​ ​ Interest bearing deposits ​ $ 526,425 ​ $ 528,952 ​ $ — ​ $ 528,952 ​ $ — Long-term debt ​ 20,000 ​ 20,520 ​ — ​ 20,520 ​ — Other interest bearing liabilities ​ 1,568 ​ 1,568 ​ — ​ 1,568 ​ — ​

REVENUE RECOGNITION

REVENUE RECOGNITION	12 Months Ended
	Dec. 31, 2022
REVENUE RECOGNITION
REVENUE RECOGNITION	18. REVENUE RECOGNITION The Company adopted ASU 2014-09, Revenue from Contracts with Customers The Company generally acts in a principal capacity, on its own behalf, in most contracts with customers. In such transactions, revenue and related costs to provide these services are recognized on a gross basis in the financial statements. In some cases, the Company acts in an agent capacity, deriving revenue through assisting other entities in transactions with its customers. In such transactions, revenue and the related costs to provide the services are recognized on a net basis in the financial statements. These transactions primarily relate to non-deposit product commissions and fees derived from customer’s use of various interchange and ATM/debit card networks. All the Company’s revenue from contracts with customers in the scope of ASC 606 are recognized within non-interest income on the consolidated statements of income. Revenue streams not within the scope of ASC 606 included in non-interest income on the consolidated statements of income include earnings on bank-owned life insurance and annuities, fees derived from loan activity, mortgage banking income, gain/loss on sales and calls of securities, and the change in value of equity securities. A description of the Company’s sources of revenue accounted for under ASC 606 are as follows: Customer Service Fees Debit Card Fee Income Trust Fees Commissions From Sales Of Non-Deposit Products Other Non-Interest Income Gains/Losses On Sales Of Other Real Estate Owned

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2022
EMPLOYEE BENEFIT PLANS
EMPLOYEE BENEFIT PLANS	19. EMPLOYEE BENEFIT PLANS Long-Term Incentive Plan The Company maintains the 2016 Long-Term Incentive Plan (the “Plan”), that amended and restated the former 2011 Stock Option Plan (the “2011 Plan”). The Plan continues in effect for any outstanding awards under the 2011 Plan in accordance with the terms and conditions governing such awards immediately prior to the effective date of the Plan but expanded the types of awards authorized to include, among others, restricted stock. Under the provisions of the Plan, while active, awards may consist of grants of incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock and performance shares to officers and key employees of the Company, as well as directors. Compensation expense for stock options granted and restricted stock awarded is measured using the fair value of the award on the grant date and is recognized over the vesting period. The Company recognized $176,000 and $158,000 of expense for the years ended December 31, 2022 and 2021, respectively, for stock-based compensation. The Plan is administered by a committee of the Board of Directors. The Committee determines, among other things, the recipients of stock compensation, the number of shares to be subject to each award, the option price, the duration of the option and the restricted period, as appropriate. A recipient of the restricted shares will forfeit those shares in their entirety if employment is terminated prior to the vesting date for reasons other than retirement, death or disability. Forfeited awards are returned to the pool of shares available for grant for future awards. The maximum number of shares of common stock that may be issued under the Plan is 300,000 shares, and 163,990 shares were available for grant as of December 31, 2022. Shares of common stock issued under the Plan may be treasury shares or authorized but unissued shares. During 2022, a total of 10,486 restricted shares were awarded to certain officers and all directors. In 2021, a total of 8,839 shares of restricted stock were awarded to certain officers. Each award vests after three-years, with interim vesting in the case of death, disability or retirement as approved by the board of directors. The following table presents compensation expense and related tax benefits for restricted stock awards recognized on the consolidated statement of income. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ 2022 2021 Compensation expense ​ $ 176 ​ $ 158 Tax benefit ​ (37) ​ (33) Net income effect ​ $ 139 ​ $ 125 ​ At December 31, 2022, there was $138,000 of unrecognized compensation cost related to all non-vested restricted stock awards. This cost is expected to be recognized through February 2025. The following table presents a summary of non-vested restricted shares activity for 2022. ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Grant Date ​ ​ Shares ​ Fair Value Non-vested at January 1, 2022 22,789 ​ $ 18.48 Vested (11,475) ​ 18.72 Forfeited ​ (825) ​ ​ 17.32 Granted 10,486 ​ 15.90 Non-vested at December 31, 2022 20,975 ​ $ 17.10 ​ No stock options were awarded in 2022. Outstanding options granted prior to 2022 have all vested and are exercisable at the grant price, which is at least the fair market value of the stock on the grant date. The Plan provides that the option price per share is not to be less than the fair market value of the stock on the day the option was granted, but in no event less than the par value of such stock. Options granted under the Plan are exercisable no earlier than one year after the date of grant and expire ten years after the date of the grant. All options previously granted under the Plans are scheduled to expire through February 17, 2025. Total options outstanding as of December 31, 2022 have exercise prices between $17.65 and $18.00, with a weighted average exercise price of $17.74 and a weighted average remaining contractual life of 1.40 years. As of December 31, 2022, there was no unrecognized compensation cost related to options granted under the Plan. No options were exercised under the Plans for the years ended December 31, 2022 and 2021. A summary of the status of the outstanding stock options as of December 31, 2022 and 2021, and changes during the years ending on those dates is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ ​ Weighted ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ Average ​ ​ ​ ​ Exercise ​ ​ ​ Exercise ​ ​ Shares ​ Price ​ Shares ​ Price Outstanding at beginning of year 71,947 ​ $ 17.78 81,547 ​ $ 17.78 Granted — ​ — — ​ — Exercised — ​ — — ​ — Expired (11,600) ​ 18.00 (9,600) ​ 17.75 Outstanding at end of year 60,347 ​ $ 17.74 71,947 ​ $ 17.78 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Options exercisable at year-end 60,347 ​ 71,947 ​ Weighted-average fair value of options granted during the year ​ $ — ​ $ — Intrinsic value of options exercised during the year ​ $ — ​ $ — Intrinsic value of options cancelled during the year ​ $ — ​ Intrinsic value of options outstanding and exercisable at December 31, 2022 ​ $ — ​ ​ Defined Contribution Plan (“401(k) Plan”) The Company has a 401(k) Plan under which employees, through payroll deductions, are able to defer portions of their compensation. The Company makes an annual non-elective fully vested contribution equal to 3% of compensation to each eligible participant. For the year ended December 31, 2022, the contribution amount totaled $258,000, which was credited to employee’s accounts by January 31, 2022. This liability at December 31, 2021 totaled $252,000 and was credited to employee accounts by January 31, 2021. Expense incurred under this plan was $259,000 and $250,000 in 2022 and 2021, respectively. The 401(k) Plan also includes an employer matching contribution for employees that elect to defer compensation into this program. The matching contribution in 2022 and 2021 was $226,000 and $222,000, respectively. Employee Stock Purchase Plan The Company has an Employee Stock Purchase Plan under which employees, through payroll deductions, are able to purchase shares of Company stock annually. The option price of the stock purchases is between 95% and 100% of the fair market value of the stock on the offering termination date as determined annually by the Board of Directors. The maximum number of shares which employees may purchase under the Plan is 250,000; however, the annual issuance of shares may not exceed 5,000 shares plus any unissued shares from prior offerings. There were 5,026 shares issued in 2022 and 4,944 shares issued in 2021 under this plan. As of December 31, 2022, there were 156,650 shares reserved for issuance under the Employee Stock Purchase Plan. Supplemental Retirement Plans The Company has non-qualified supplemental retirement plans for directors and key employees. At December 31, 2022 and 2021, the present value of the future liability associated with these plans was $100,000 and $112,000, respectively. For the years ended December 31, 2022 and 2021, $15,000 and $11,000, respectively, was recorded as expense in connection with these plans. The Company offsets the cost of these plans through the purchase of bank-owned life insurance and annuities. See Note 7. Deferred Compensation Plans The Company has entered into deferred compensation agreements with certain directors to provide each director with an additional retirement benefit, or to provide their beneficiary with a benefit, in the event of pre-retirement death. At December 31, 2022 and 2021, the present value of the future liability was $1.0 million and $1.6 million, respectively. The decline between periods was the result of the pre-retirement death of a current director in 2022. For the years ended December 31, 2022 and 2021, $26,000 and $13,000, respectively, was recorded as expense in connection with these plans. Separate accounts are maintained for each participating director with interest credited on a quarterly basis at the then current rate offered on long-term certificates of deposit. The Company offsets the cost of these plans through the purchase of bank-owned life insurance. See Note 7. Salary Continuation Plans The Company has non-qualified salary continuation plans for key employees. At December 31, 2022 and 2021, the present value of the future liability was $1.1 million and $1.2 million, respectively. For the years ended December 31, 2022 and 2021, $89,000 and $85,000, respectively, was recorded as expense in connection with these plans. The Company offsets the cost of these plans through the purchase of bank-owned life insurance. See Note 7.

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	12 Months Ended
	Dec. 31, 2022
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	20. FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments may include commitments to extend credit and letters of credit. Because many commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. These instruments involve, to varying degrees, elements of credit risk that are not recognized in the consolidated financial statements. Exposure to credit loss in the event of non-performance by the other party to the financial instrument for commitments to extend credit and letters of credit is represented by the contractual amount of those instruments. The Bank uses the same credit policies in making these commitments and conditional obligations as it does for on-balance sheet instruments. The Company controls the credit risk of its financial instruments through credit approvals, limits and monitoring procedures; however, it does not generally require collateral for such financial instruments since there is no principal credit risk. A summary of the Company’s financial instrument commitments is as follows: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, ​ 2022 2021 Commitments to grant loans ​ $ 103,848 ​ $ 94,349 Unfunded commitments under lines of credit ​ 12,203 ​ 12,714 Outstanding letters of credit ​ 2,609 ​ 5,724 ​ Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since portions of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained by the Bank upon extension of credit is based on management’s credit evaluation of the counterparty. Collateral held varies but may include personal or commercial real estate, accounts receivable, inventory and equipment. Outstanding letters of credit are instruments issued by the Bank that guarantee payment to the beneficiary by the Bank in the event of default by the Bank’s customer in the non-performance of an obligation or service. Most letters of credit are extended for one year periods. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Bank holds collateral supporting those commitments for which collateral is deemed necessary. The amount of the liability as of December 31, 2022 and 2021 for guarantees under letters of credit issued is not material. The maximum undiscounted exposure related to these guarantees on December 31, 2022 was $2.6 million, and the approximate value of underlying collateral upon liquidation that would be expected to cover this maximum potential exposure was $31.2 million.

RELATED-PARTY TRANSACTIONS

RELATED-PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2022
RELATED-PARTY TRANSACTIONS
RELATED-PARTY TRANSACTIONS	21. RELATED-PARTY TRANSACTIONS The Bank has granted loans to certain of its executive officers, directors and their related interests. The aggregate dollar amount of these loans was $4.9 million and $4.7 million at December 31, 2022 and 2021, respectively. During 2022, $1.0 million in new loans and advances were added, while repayments totaled $281,000. Additionally, loans totaling $492,000 were no longer considered related party loans as of December 31, 2022 due to the death of a current director in 2022. None of these loans were past due, in non-accrual status or restructured on December 31, 2022 or 2021. ​ Deposits and other funds from related parties held by Juniata amounted to $1.3 million and $2.5 million at December 31, 2022 and 2021, respectively.

DERIVATIVES

DERIVATIVES	12 Months Ended
	Dec. 31, 2022
DERIVATIVES
DERIVATIVES	22. DERIVATIVES The Company uses interest rate swap agreements as part of its asset liability management strategy to help manage its interest rate risk position. The notional amount of the interest rate swaps does not represent amounts exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest rate swap agreements. As of December 31, 2022, an interest rate swap with a notional amount of $20.0 million was designated as a cash flow hedge of a short-term FHLB advance. As of December 31, 2021, interest rate swaps with a notional amount totaling $40.0 million, were designated as cash flow hedges, of which $20.0 million were hedges of brokered deposits, and the other $20.0 million were hedges of certain forecasted FHLB long-term advances. Based on updated funding need projections, including the proceeds from the sale of investment securities and continued core deposit growth, Juniata unwound two forward starting swaps at a gain of $1.2 million in June 2022. The amounts previously recognized in accumulated other comprehensive income were reclassified to other non-interest income because it became probable that the forecasted hedged transactions would not occur. Also in 2022, an interest rate swap with a notional amount totaling $20.0 million was de-designated as a cash flow hedge on brokered deposits and designated instead, as a cash flow hedge on a short-term FHLB advance. The remaining interest rate swap was determined to be fully effective during the periods presented, and as such, no amount of ineffectiveness has been included in net income . The aggregate fair value of the swaps is recorded in either other assets or other liabilities on the Consolidated Statements of Condition, with changes in fair value recorded in other comprehensive income. The Company expects the hedge to remain fully effective during the remaining terms of the swap. The Company presents derivative positions gross on the balance sheet. The following table reflects the derivatives recorded on the Consolidated Statements of Condition as of December 31, 2022 and 2021. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2022 ​ December 31, 2021 ​ ​ Fair ​ Fair ​ ​ ​ ​ Value ​ ​ ​ Value ​ ​ Notional ​ Asset ​ Notional ​ Asset Derivatives designated as hedges: ​ Amount ​ (Liability) ​ Amount ​ (Liability) Interest rate swap - pay fixed / receive floating on 3-month brokered deposit ​ $ — ​ $ — ​ $ 20,000 ​ $ 52 Interest rate swap - pay fixed / receive floating on 3-month FHLB advance ​ ​ 20,000 ​ ​ 268 ​ ​ — ​ ​ — Interest rate swaps - forward-starting on long-term FHLB advances ​ ​ — ​ ​ — ​ ​ 20,000 ​ ​ 489 ​ ​ The effect of cash flow hedge accounting, before income taxes, on accumulated other comprehensive income for the period ended December 31, 2022 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2022 ​ Amount of Gain Location of (Gain) Amount of (Gain) ​ ​ (Loss) Recognized in ​ Loss Reclassified ​ Loss Reclassified ​ ​ OCI on Derivatives ​ from OCI into Income ​ from OCI into Income Interest rate contract ​ $ 18 ​ Interest expense on short-term borrowings and repurchase agreements ​ $ (291) Swap termination gain ​ ​ 1,202 ​ Other non-interest income ​ ​ (1,202) Total ​ $ 1,220 ​ ​ ​ ​ $ (1,493) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2021 ​ Amount of Gain Location of (Gain) Amount of (Gain) ​ ​ (Loss) Recognized in ​ Loss Reclassified ​ Loss Reclassified ​ ​ OCI on Derivatives ​ from OCI into Income ​ from OCI into Income Interest rate contracts ​ $ 538 ​ Interest expense on short-term borrowings and repurchase agreements ​ $ 60 Total ​ $ 538 ​ ​ ​ ​ $ 60 ​ The effect of cash flow hedge accounting on the Consolidated Statements of Income for the years ended December 31, 2022 and 2021 were as follows: ​ Location and Amount of Gain or Loss Recognized in Income on Fair Value and Cash Flow Hedging Relationships ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (Expense) ​ ​ Year Ended (Dollars in thousands) ​ December 31, ​ ​ 2022 ​ 2021 Effects of cash flow hedging: ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedging relationships: ​ ​ ​ ​ ​ ​ Amount reclassified from AOCI into income ​ $ 291 ​ $ (60) Amount reclassified from AOCI into income for swap termination ​ ​ 1,202 ​ ​ — Total ​ $ 1,493 ​ $ (60) ​

COMMITMENTS AND CONTINGENT LIAB

COMMITMENTS AND CONTINGENT LIABILITIES	12 Months Ended
	Dec. 31, 2022
COMMITMENTS AND CONTINGENT LIABILITIES
COMMITMENTS AND CONTINGENT LIABILITIES	23. COMMITMENTS AND CONTINGENT LIABILITIES The Company, from time to time, may be a defendant in legal proceedings relating to the conduct of its banking business. Most of such legal proceedings are a normal part of the banking business and, in management’s opinion, the consolidated financial condition and results of operations of the Company would not be materially affected by the outcome of such legal proceedings. Additionally, the Company has sold qualifying residential mortgage loans to the FHLB as part of its Mortgage Partnership Finance Program (“Program”). Under the terms of the Program, there is limited recourse back to the Company for loans that do not perform in accordance with the terms of the loan agreement. Each loan sold under the Program is “credit enhanced” such that the individual loan’s rating is raised to “BBB”, as determined by the FHLB. The Program can be terminated by either the FHLB or the Company, without cause, by giving notice to the other party. The FHLB has no obligation to commit to purchase any mortgage through, or from, the Company.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	12 Months Ended
	Dec. 31, 2022
SUBSEQUENT EVENT
SUBSEQUENT EVENT	24. SUBSEQUENT EVENT In January 2023

JUNIATA VALLEY FINANCIAL CORP.

JUNIATA VALLEY FINANCIAL CORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2022
JUNIATA VALLEY FINANCIAL CORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION
JUNIATA VALLEY FINANCIAL CORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION	25. JUNIATA VALLEY FINANCIAL CORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION CONDENSED BALANCE SHEETS (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2022 2021 ASSETS ​ ​ ​ ​ Cash and cash equivalents ​ $ 59 ​ $ 85 Investment in bank subsidiary ​ 35,961 ​ 70,265 Equity securities ​ ​ 872 ​ ​ 914 Other assets ​ 85 ​ 38 TOTAL ASSETS ​ $ 36,977 ​ $ 71,302 ​ ​ ​ ​ ​ ​ ​ LIABILITIES ​ ​ Accounts payable and other liabilities ​ $ 28 ​ $ 12 ​ ​ ​ ​ ​ ​ ​ STOCKHOLDERS’ EQUITY ​ 36,949 ​ 71,290 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY ​ $ 36,977 ​ $ 71,302 ​ CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE LOSS (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2022 2021 INCOME ​ ​ ​ ​ Interest and dividends on investment securities available for sale ​ $ 43 ​ $ 43 Dividends from bank subsidiary ​ 4,401 ​ 5,074 Change in value of equity securities ​ (42) ​ 97 TOTAL INCOME ​ 4,402 ​ 5,214 EXPENSE ​ ​ Other non-interest expense ​ 138 ​ 184 TOTAL EXPENSE ​ 138 ​ 184 INCOME BEFORE INCOME TAXES AND EQUITY ​ ​ IN UNDISTRIBUTED NET INCOME OF SUBSIDIARY ​ 4,264 ​ 5,030 Income tax benefit ​ (34) ​ (25) ​ ​ 4,298 ​ 5,055 Undistributed net income of subsidiary ​ 4,022 ​ 1,549 NET INCOME ​ ​ 8,320 ​ ​ 6,604 OTHER COMPREHENSIVE LOSS ​ ​ (38,502) ​ ​ (6,883) TOTAL COMPREHENSIVE LOSS ​ $ (30,182) ​ $ (279) ​ CONDENSED STATEMENTS OF CASH FLOWS (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2022 2021 Cash flows from operating activities: ​ ​ ​ ​ ​ ​ Net income ​ $ 8,320 ​ $ 6,604 Adjustments to reconcile net income to net cash provided by operating activities: ​ ​ Undistributed net income of subsidiary ​ (4,022) ​ (1,549) Change in value of equity securities ​ 42 ​ (97) (Increase) decrease in other assets ​ (47) ​ 39 Increase in other liabilities ​ 16 ​ 11 Net cash provided by operating activities ​ 4,309 ​ 5,008 ​ ​ ​ ​ ​ ​ ​ Cash flows from investing activities: ​ ​ Proceeds from the maturity of available for sale investment securities ​ — ​ 118 Net cash provided by investing activities ​ — ​ 118 ​ ​ ​ ​ ​ ​ ​ Cash flows from financing activities: ​ ​ Cash dividends ​ (4,401) ​ (4,402) Purchase of treasury stock ​ (3) ​ (861) Treasury stock issued for stock plans ​ 69 ​ 77 Net cash used in financing activities ​ (4,335) ​ (5,186) Net decrease in cash and cash equivalents ​ (26) ​ (60) Cash and cash equivalents at beginning of year ​ 85 ​ 145 Cash and cash equivalents at end of year ​ $ 59 ​ $ 85 ​

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2022
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Juniata Valley Financial Corp. and its wholly owned subsidiary, The Juniata Valley Bank. All significant intercompany transactions and balances have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Significant Group Concentrations of Credit Risk	Significant Group Concentrations of Credit Risk Most of the Company’s activities are with customers located within Juniata’s footprint in central and northern Pennsylvania. Note 5 discusses the types of securities in which the Company invests. Note 6 discusses the types of lending in which the Company engages. As a percentage of total risk based capital, credit exposure to residential buildings and dwellings represented 70%, credit exposure to lessors of non-residential buildings and dwellings represented 56%, credit exposure to hotels and motels represented 36%, credit exposure to builders of new housing for-sale represented 33% and credit exposure to continuing care retirement communities represented 21% as of December 31, 2022. There were no other concentrations of credit to any industry equaling more than 15% of total capital. The Bank’s business activities are geographically concentrated in the counties of Juniata, Mifflin, Perry, Huntingdon, Centre, Franklin, McKean, Potter and Snyder, Pennsylvania. The Bank has a diversified loan portfolio; however, a substantial portion of its debtors’ ability to honor their obligations is dependent upon the economy in central and northern Pennsylvania.
Revenue Recognition	Revenue Recognition The Company generally acts in a principal capacity, on its own behalf, in most contracts with customers. In such transactions, revenue and related costs to provide these services are recognized on a gross basis in the financial statements. In some cases, the Company acts in an agent capacity, deriving revenue through assisting other entities in transactions with its customers. In such transactions, revenue and the related costs to provide the services are recognized on a net basis in the financial statements. These transactions primarily relate to non-deposit product commissions and fees derived from customers’ use of various interchange and ATM/debit card networks. All the Company’s revenue from contracts with customers in the scope of ASC Topic 606, Revenue from Contracts with Customers
Cash Flows	Cash Flows For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks, interest bearing demand deposits with banks and federal funds sold. Generally, federal funds are sold for one-day periods.
Interest Bearing Time Deposits with Banks	Interest Bearing Time Deposits with Banks Interest bearing time deposits with banks consist of certificates of deposits in other banks with original maturities of greater than 90 days. These time deposits all have maturities within five years.
Securities	Debt Securities Debt securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity. Debt securities classified as available for sale are those securities that the Company intends to hold for an indefinite period but not necessarily to maturity. Securities available for sale are carried at fair value, with the unrealized gains and losses, net of tax, reported as a component of other comprehensive income. Interest and dividends are recognized as income when earned. Interest income includes amortization of purchase premium or discount. Premiums and discounts on securities are amortized on the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Management evaluates debt securities for other-than-temporary impairment (“OTTI”) on a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For debt securities in an unrealized loss position, management considers the extent and duration of the unrealized loss, and the financial condition and near-term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a debt security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: (1) OTTI related to credit loss, which must be recognized in the income statement and (2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. Equity Securities Equity securities are carried at fair value, with changes in fair value reported in net income. Equity securities without readily determinable fair values are carried at cost, minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment.
Restricted Investment in Bank Stock	Restricted Investment in Bank Stock The Bank is a member of the FHLB system. Members are required to own a certain amount of stock based on the level of borrowings and other factors and may invest in additional amounts. The Bank also owns restricted stock investments in the Atlantic Community Bankers Bank (“ACBB”). Both the FHLB and ACBB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income. The Bank owned $3.6 million in restricted stock investments with the FHLB at December 31, 2022 and $2.1 million at December 31, 2021. The Bank owned $80,000 in restricted stock investments with the ACBB at December 31, 2022 and 2021.
Loans	Loans Loans that the Company has the intent and ability to hold for the foreseeable future or until maturity are stated at the outstanding unpaid principal balances, net of any deferred fees or costs and the allowance for loan losses. Interest income on all loans, other than non-accrual loans, is accrued over the term of the loans based on the amount of principal outstanding. The loan portfolio includes the following classes: (1) commercial, financial and agricultural, (2) real estate - commercial, (3) real estate - construction, (4) real estate – mortgage, (5) obligations of states and political subdivisions, and (6) personal loans. Interest income on consumer, mortgage and commercial loans is discontinued and loans are placed on non-accrual status at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Loans are charged off to the extent principal or interest is deemed uncollectible. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on non-accrual or charged off at an earlier date if collection of principal or interest is considered doubtful. Non-accrual loans and loans past due 90 days still on accrual include both homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Under the cost-recovery method, interest income is not recognized until the loan principal balance is reduced to zero. Under the cash-basis method, interest income is recorded when the payment is received in cash. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, the loan has performed in accordance with the contractual terms for a reasonable period and future payments are reasonably assured.
Loan Origination Fees and Costs	Loan Origination Fees and Costs Loan origination fees and related direct origination costs for a given loan are deferred and amortized over the life of the loan on a level-yield basis as an adjustment to interest income over the contractual life of the loan. As of December 31, 2022, the amount of net unamortized origination fees carried as an adjustment to outstanding loan balances was $47,000. As of December 31, 2021, the amount of net unamortized origination fees carried as an adjustment to outstanding loan balances was $489,000.
Acquired Loans	Acquired Loans Loans that Juniata acquires through business combinations are recorded at fair value with no carryover of the related allowance for loan losses. Some of these loans have shown evidence of credit deterioration since origination. These purchased credit impaired (“PCI”) loans are recorded at the amount paid, such that there is no carryover of the seller’s allowance for loan losses. Such purchased credit impaired loans are accounted for individually or aggregated into pools of loans based on common risk characteristics, such as credit score, loan type, and date of origination. Juniata estimates the amount and timing of expected cash flows for each loan or pool, and the expected cash flows in excess of the amount paid is recorded as interest income over the remaining life of the loan or pool (accretable yield). The excess of the loan’s or pool’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). Over the life of the loan or pool, expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded as a provision for loan losses. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. PCI loans that met the criteria for impairment or non-accrual of interest prior to the acquisition may be considered performing upon acquisition, regardless of whether the customer is contractually delinquent, if Juniata expects to fully collect the new carrying value (i.e. fair value) of the loans. As such, Juniata may no longer consider the loan to be non-accrual or nonperforming and may accrue interest on these loans, including the impact of any accretable discount. In addition, charge-offs on such loans would be first applied to the nonaccretable difference portion of the fair value adjustment. Loans acquired through business combinations that do not meet the specific criteria of ASC 310-30, but for which a discount is attributable at least in part to credit quality, are also accounted for in accordance with this guidance. As a result, related discounts are recognized subsequently through accretion based on the contractual cash flows of the acquired loans.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses (“allowance”) represents management’s estimate of losses inherent in the loan portfolio as of the consolidated statement of financial condition date and is recorded as a reduction to loans. The allowance for loan losses is increased by the provision for loan losses, and decreased by charge-offs, net of recoveries. Loans deemed to be uncollectible are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes the loan balance is uncollectible. Subsequent recoveries, if any, are credited to the allowance. Management estimates the allowance balance required using past loan loss experience, the nature and volume of the portfolio, information about specific borrower situations and estimated collateral values, economic conditions, as well as other factors. Allocations of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management’s judgement, should be charged off. For financial reporting purposes, the provision for loan losses charged to current operating income is based on management’s estimates, and actual losses may vary from estimates. These estimates are reviewed and adjusted at least quarterly and are reported in earnings in the periods in which they become known. Loans included in any class are considered for charge-off when: ● principal or interest has been in default for 120 days or more and for which no payment has been received during the previous four months; ● all collateral securing the loan has been liquidated and a deficiency balance remains; ● a bankruptcy notice is received for an unsecured loan; ● a confirming loss event has occurred; or ● the loan is deemed to be uncollectible for any other reason. There are two components of the allowance: (1) specific allowances allocated to loans evaluated for impairment under ASC Section 310-10-35; and (2) allowances calculated for pools of loans evaluated collectively for impairment under ASC Subtopic 450-20, Contingencies The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (“TDRs”) and classified as impaired. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all the circumstances surrounding the loans and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis by 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 is collateral dependent. If a loan is impaired, a portion of the allowance is allocated so that the loan is reported, net, at the present value of estimated future cash flows using the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Impairment for substantially all the Company’s impaired loans is measured based on the estimated fair value of the loan’s collateral. For real estate - commercial loans, estimated fair values are determined primarily through third-party appraisals. When a real estate secured loan becomes impaired, a decision is made regarding whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the loan-to-value ratio based on the current appraisal and the condition of the property. Appraised values may be discounted to arrive at the estimated selling price of the collateral, which is considered the estimated fair value. The discounts also include the estimated costs to sell the property. For commercial, financial and agricultural, and obligations of states and political subdivision loans, estimated fair values are determined based on the borrower’s financial statements, inventory reports, aging accounts receivable, equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. For such loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The Company generally does not separately identify individual consumer segment loans for impairment analysis unless such loans are subject to a restructuring agreement. Troubled debt restructurings are individually evaluated for impairment and included in the separately identified impairment disclosures. Loans whose terms are modified are classified as troubled debt restructurings if the Company grants borrowers concessions and it is deemed that those borrowers are experiencing financial difficulty. Concessions granted under a troubled debt restructuring generally involve a below-market interest rate based on the loan’s risk characteristics, an extension of a loan’s stated maturity date or a significant delay in payment. Non-accrual troubled debt restructurings are restored to accrual status if principal and interest payments, under the modified terms, are current for a sustained period after modification. For TDRs that subsequently default, the Company determines the amount of the allowance on that loan in accordance with the accounting policy for the allowance for loan losses on loans individually identified as impaired. The Company incorporates recent historical experience related to TDRs, including the performance of TDRs that subsequently default, into the calculation of the allowance by loan portfolio class. The general component of the allowance covers loans that are collectively evaluated for impairment. In accordance with ASC Subtopic 450-20, when measuring estimated credit losses, these loans are grouped into homogenous pools with similar characteristics and evaluated collectively considering both quantitative measures, such as historical loss, and qualitative measures, in the form of environmental adjustments. Quantitative factor determination: An average annual loss rate is calculated for each pool through an analysis of historical losses over a five-year look-back period. Using data for each loan, a loss emergence period is determined within each class pool. The loss emergence period reflects the approximate length of time from the point when a loss is incurred (the loss trigger event) to the point of loss confirmation (the date of eventual charge-off). The loss emergence period is applied to the average annual loss to produce the quantitative factor for each pooled class. Qualitative factor determination: Historical loss rates computed in the quantitative component reflects an estimate of the level of incurred losses in the portfolio based on historical experience. Management considers that the current conditions may deviate from those that prevailed over the historical look-back period. Thus, the quantitative rates are an imperfect estimate, necessitating an evaluation of qualitative considerations to incorporate these risks. ​ Management considered qualitative risk factors including: ● National, regional and local economic and business conditions, and developments that affect the collectability of the portfolio, including the condition of various market segments; ● Changes in the volume and severity of past due loans, the volume of non-accrual loans, and the volume and severity of adversely classified loans; ● Changes in the nature and volume of the portfolio and terms of loans; ● Changes in the experience, ability and depth of lending and credit management and other relevant staff; ● Existence and effect of any concentrations of credit and changes in the level of such concentrations; ● Changes in the quality of the loan review system; ● Changes in lending policies and procedures including changes in underwriting standards and collection, charge-off and recovery practices; ● Changes in the value of underlying collateral for collateral-dependent loans; and ● Effect of external influences, including competition, legal and regulatory requirements. Within each loan class, an analysis was performed over a ten-year look-back period to discover peak historical losses, and with this data, management established ranges of risk from minimal to very high, for each risk factor, to produce a supportable anchor for risk assignment. Based on the framework for risk factor evaluation and range of adjustments established through the anchoring process, a risk assessment and corresponding adjustment was assigned for each class as of December 31, 2022. Adjustments to the factors are supported through documentation of changes in conditions in a narrative accompanying the allowance for loan loss calculation. The combination of quantitative and qualitative factors was applied to year-end balances in each class to establish the overall allowance.
Reserve for Unfunded Lending Commitments	Reserve for Unfunded Lending Commitments The reserve for unfunded lending commitments represents management’s estimate of probable incurred losses inherent in its unfunded lending commitments and is recorded in other liabilities on the consolidated statement of financial condition, when necessary. The amount of the reserve for unfunded lending commitments is not material to the consolidated financial statements.
Loans Held for Sale and Mortgage Servicing Rights	Loans Held for Sale and Mortgage Servicing Rights The Company has originated residential mortgage loans with the intent to sell. These individual loans were normally sold to the buyer immediately. The Company maintains servicing rights on these loans. When mortgage loans are sold with servicing retained, servicing rights are initially recorded at fair value with the income statement effect recorded in gains on sales of loans. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. Under the fair value measurement method, the Company measures servicing rights at fair value at each reporting date and reports changes in fair value of servicing assets in earnings in the period in which the changes occur, which are included with mortgage banking income on the income statement. The fair values of servicing rights are subject to fluctuations because of changes in estimated and actual prepayment speeds and default rates and losses. The carrying amount of mortgage servicing rights was $92,000 and $120,000 at December 31, 2022 and 2021, respectively. Servicing fee income, which is reported on the income statement as mortgage banking income, is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. Servicing fees totaled $63,000 and $80,000 for the years ended December 31, 2022 and 2021, respectively. Late fees and ancillary fees related to loan servicing are not material.
Other Real Estate Owned	Other Real Estate Owned Assets acquired in settlement of mortgage loan indebtedness are recorded as other real estate owned (“OREO”) at fair value less estimated costs to sell, establishing a new cost basis. Physical possession of residential real estate property collateralizing a consumer mortgage loan occurs when legal title is obtained upon completion of foreclosure or when the borrower conveys all interest in the property to satisfy the loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. If fair value declines after foreclosure, a valuation allowance is recorded through expense. Operating costs after acquisition are expensed.
Goodwill and Intangibles	Goodwill and Other Intangibles Goodwill arises from business combinations and is generally determined as the excess of the fair value of the consideration transferred, plus the fair value of any noncontrolling interest in the acquiree, over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not amortized but tested for impairment at least annually or more frequently if events and circumstances exists that indicate that a goodwill impairment test should be performed. Juniata has selected December 31 as the date to perform the annual impairment test. Intangible assets with definite useful lives are amortized over their estimated useful lives to their estimated residual values. Goodwill is the only intangible asset with an indefinite life on our balance sheet. Other intangible assets consist of core deposit intangible assets arising from whole bank acquisitions and are amortized on an accelerated method over their estimated useful lives. There were no impairment losses recognized because of periodic impairment testing in the years ended December 31, 2022 and 2021.
Derivatives	Derivatives At the inception of a derivative contract, the Company designates the derivative as one of three types based on the Company’s intentions and belief as to its likely effectiveness as a hedge. These three types are (1) a hedge of the fair value of a recognized asset or liability or of an unrecognized firm commitment (“Fair value hedge”), (2) a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability (“cash flow hedge”), or (3) an instrument with no hedging designation (“Stand-alone derivative”). For a fair value hedge, the gain or loss on the derivative, as well as the offsetting loss or gain on the hedged item attributable to the hedged risk, are recognized in current earnings as fair values change. For a cash flow hedge, the gain or loss on the derivative is reported in other comprehensive income and is reclassified into earnings in the same periods during which the hedged transaction affects earnings. Change in the fair value of derivatives that do not qualify for hedge accounting are reported currently in earnings, as non-interest income. Net cash settlements on derivative that qualify for hedge accounting are recorded in interest income or interest expense, based on the item being hedged. Net cash settlements on derivatives that do not qualify for hedge accounting are reported in non-interest income. Cash flows on hedges are classified in the cash flow statement the same as the cash flows of the items being hedged. The Company formally documents the relationship between derivatives and hedged items, as well as the risk-management objective and the strategy for undertaking hedge transactions at the inception of the hedging relationship. This documentation includes linking fair value of cash flow hedges to specific assets and liabilities on the balance sheet or to specific firm commitments or forecasted transactions. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivative instruments that are used are highly effective in offsetting changes in fair values or cash flows of the hedged items. The Company will discontinue hedge accounting if it determines the derivative is no longer effective in offsetting changes in the fair value or cash flows of the hedged item, the derivative is settled or terminates, a hedged forecasted transaction is no longer probable, a hedged firm commitment is no longer firm, or treatment of the derivative as a hedge is no longer appropriate or intended. When hedge accounting is discontinued, subsequent changes in fair value of the derivative are recorded as non-interest income. When a fair value hedge is discontinued, the hedged asset or liability is no longer adjusted for changes in fair value, and the existing basis adjustment is amortized or accreted over the remaining life of the asset or liability. When a cash flow hedge is discontinued but the hedged cash flows or forecasted transactions are still expected to occur, gains or losses that were accumulated in other comprehensive income are amortized into earnings over the same periods which the hedged transactions will affect earnings. The Company is exposed to losses if a counterparty fails to make its payments under a contract in which the Company is in the net receiving position. The Company anticipates that the counterparties will be able to fully satisfy their obligations under the agreements. All the contracts to which the Company is a party settle monthly or quarterly. In addition, the Company obtains collateral above certain thresholds of the fair value of its hedges for each counterparty based upon their credit standing, and the Company has netting agreements with the dealers with which it does business.
Premises and Equipment	Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed principally using the straight-line method over the estimated useful lives of the related assets, which range from 3 to 10 years for furniture and equipment and 25 to 40 years for buildings. Expenditures for maintenance and repairs are charged against income as incurred. Costs of major additions and improvements are capitalized. Amortization of leasehold improvements is computed on a straight-line basis over the shorter of the assets’ useful life or the related lease term.
Trust Assets and Revenues	Trust Assets and Revenues Assets held in a fiduciary capacity are not assets of the Bank or the Bank’s Trust Department and are, therefore, not included in the consolidated financial statements. Trust revenues are recorded on the accrual basis as the related obligations are satisfied.
Bank Owned Life Insurance, Annuities and Split-dollar Arrangements	Bank Owned Life Insurance, Annuities and Split-dollar Arrangements The Company has purchased life insurance policies on certain key executives. Bank owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement. Juniata has committed to a continuation of life insurance coverage for certain persons post-retirement. The estimated present value of future benefits to be paid was $1.1 million and $1.2 million as of December 31, 2022 and 2021, respectively, and is included in other liabilities. The related net benefit for 2022 was $120,000, and the related expense for 2021 was $52,000.
Investments in Low-income Housing Partnerships	Investments in Low-income Housing Partnerships Juniata has invested as a limited partner in two partnerships that provide low-income housing in Lewistown, Pennsylvania. The carrying value of the investment in the limited partnerships was $1.5 million at December 31, 2022 and $2.3 million at December 31, 2021. The decline in carrying value in 2022 was the result of amortization since the final remaining draw occurred in 2019.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with income tax accounting guidance ASC Topic 740, Income Taxes Current income tax accounting guidance results in two components of income tax expense: current and deferred. Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Company determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between the book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are reduced by a valuation allowance if, based on the weight of the evidence available, it is more likely than not that some, or all, of a deferred tax asset will not be realized. The Company recognizes a benefit for uncertain tax positions if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term “more likely than not” means a likelihood of more than 50 percent; the terms “examined” and “upon examination” also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances and information available at the reporting date and is subject to management’s judgment. The Company recognizes interest and penalties on income taxes, if any, as a component of income tax expense.
Advertising	Advertising The Company follows a policy of charging costs of advertising to expense as incurred. Advertising expenses were $260,000 and $228,000 in 2022 and 2021, respectively, and included in other non-interest expense.
Off-balance Sheet Financial Instruments	Off-balance Sheet Financial Instruments In the ordinary course of business, the Bank has entered into off-balance sheet financial instruments consisting of commitments to extend credit and letters of credit. Such financial instruments are recorded on the consolidated statement of financial condition when they are funded.
Transfer of Financial Assets	Transfer of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Earnings Per Common Share	Earnings Per Common Share Basic earnings per common share is net income divided by weighted average number of common shares outstanding during the period. All outstanding unvested share-based payment awards that contain rights to nonforfeitable dividends are considered participating securities for this calculation. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock options.
Comprehensive Income	Comprehensive Income Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes changes in unrealized gains and losses on securities available for sale and unrealized gains and losses on cash flow hedges arising during the period, as well as reclassification adjustments for realized gains and losses on securities available for sale and cash flow hedges included in net income.
Loss Contingencies	Loss Contingencies Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable, and an amount or range of loss can be reasonably estimated. Management believes that there are no such matters that will have a material effect on the financial statements.
Dividend Restrictions	Dividend Restrictions Banking regulations require maintaining certain capital levels and may limit the dividends paid by the Bank to the Company or by the Company to shareholders.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in a separate footnote. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates.
Stock-based Compensation	Stock-based Compensation The Company sponsors a stock compensation plan for certain key officers which allows, among other stock-based compensation methods, for stock options and restricted stock awards. Prior to 2016, stock options were used exclusively for long-term compensation. Beginning in 2016, restricted shares awards have been used. Compensation expense for stock options granted and restricted stock awarded is measured using the fair value of the award on the grant date and is recognized over the vesting period. The stock-based compensation expense amounts for stock options were derived based on the fair value of options using the Black-Scholes option-pricing model.
Segment Reporting	Segment Reporting Management does not separately allocate expenses, including the cost of funding loan demand, between the commercial, retail and trust operations of the Company. As such, discrete financial information is not available, and segment reporting would not be meaningful.
Reclassifications	Reclassifications Some items in the prior year financial statements were reclassified to conform to the current presentation. Reclassifications had no effect on prior year net income or shareholders’ equity.
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member]
Loans	Commercial, Financial and Agricultural Lending The Company originates commercial, financial and agricultural loans primarily to businesses located in its primary market area and surrounding areas. These loans are used for various business purposes, which include short-term loans and lines of credit to finance machinery and equipment purchases, inventory and accounts receivable. Generally, the maximum term for loans extended on machinery and equipment is shorter and does not exceed the projected useful life of such machinery and equipment. Most business lines of credit are written with a five year maturity, subject to an annual review. Commercial, financial and agricultural loans are generally secured with short-term assets; however, in many cases, additional collateral, such as real estate, is provided as additional security for the loan. Loan-to-value maximum values have been established by the Company and are specific to the type of collateral. Collateral values may be determined using invoices, inventory reports, accounts receivable aging reports, collateral appraisals, etc. In underwriting commercial, financial and agricultural loans, an analysis of the borrower’s capacity to repay the loan, the adequacy of the borrower’s capital and collateral, as well as an evaluation of conditions affecting the borrower, is performed. Analysis of the borrower’s past, present and future cash flows is also an important aspect of the Company’s analysis. Concentration analysis assists in identifying industry specific risk inherent in commercial, financial and agricultural lending. Mitigants include the identification of secondary and tertiary sources of repayment and appropriate increases in oversight. Commercial, financial and agricultural loans generally present a higher level of risk than certain other types of loans, particularly during slow economic conditions.
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member]
Loans	Real Estate – Commercial Lending The Company engages in real estate – commercial lending in its primary market area and surrounding areas. The Company’s real estate – commercial portfolio is secured primarily by residential housing, commercial buildings, raw land and hotels. Generally, real estate – commercial loans have terms that do not exceed 20 years, have loan-to-value ratios of up to 80% of the appraised value of the property and are typically secured by personal guarantees of the borrowers. As economic conditions deteriorate, the Company reduces its exposure in real estate loans with higher risk characteristics. In underwriting these loans, the Company performs a thorough analysis of the financial condition of the borrower, the borrower’s credit history, and the reliability and predictability of the cash flow generated by the property securing the loan. Appraisals on properties securing real estate – commercial loans originated by the Company are performed by independent appraisers. Real estate – commercial loans generally present a higher level of risk than certain other types of loans, particularly during slow economic conditions. Real Estate – Construction Lending The Company engages in real estate – construction lending in its primary market area and surrounding areas. The Company’s real estate – construction lending consists of commercial and residential site development loans, as well as commercial building construction and residential housing construction loans. The Company’s commercial real estate – construction loans are generally secured with the subject property, and advances are made in conformity with a pre-determined draw schedule supported by independent inspections. Terms of construction loans depend on the specifics of the project, such as estimated absorption rates, estimated time to complete, etc. In underwriting commercial real estate – construction loans, the Company performs a thorough analysis of the financial condition of the borrower, the borrower’s credit history, the reliability and predictability of the cash flow generated by the project using feasibility studies, market data, etc. Appraisals on properties securing real estate – commercial loans originated by the Company are performed by independent appraisers. Real estate – construction loans generally present a higher level of risk than certain other types of loans, particularly during slow economic conditions. The difficulty of estimating total construction costs adds to the risk as well. Real Estate – Mortgage Lending The Company’s real estate – mortgage portfolio is comprised of one-to-four family residential mortgages and commercial loans secured by one-to-four family properties. One-to-four family residential mortgage loan originations, including home equity installment and home equity lines of credit loans, are generated by the Company’s marketing efforts, its present customers, walk-in customers and referrals. These loans originate primarily within the Company’s market area or with customers primarily from the market area. The Company offers fixed-rate and adjustable rate real estate – mortgage loans with terms up to a maximum of 25 years for both permanent structures and those under construction. The Company’s one-to-four family residential mortgage originations are secured primarily by properties located in its primary market area and surrounding areas. Most of the Company’s residential real estate – mortgage loans originate with a loan-to-value of 80% or less. Home equity installment loans are secured by the borrower’s primary residence with a maximum loan-to-value of 80% and a maximum term of 15 years. Home equity lines of credit are secured by the borrower’s primary residence with a maximum loan-to-value of 90% and a maximum term of 20 years. In underwriting one-to-four family residential real estate – mortgage loans, the Company evaluates the borrower’s ability to make monthly payments, the borrower’s repayment history and the value of the property securing the loan. The ability to repay is determined by the borrower’s employment history, current financial conditions, and credit background. The analysis is based primarily on the customer’s ability to repay and secondarily on the collateral or security. Most properties securing real estate – mortgage loans made by the Company are appraised by independent fee appraisers. The Company generally requires real estate – mortgage loan borrowers to obtain an attorney’s title opinion or title insurance, and fire and property insurance (including flood insurance, if necessary) in an amount not less than the amount of the loan. The Company does not engage in sub-prime residential real estate – mortgage originations. Residential real estate – mortgage loans and home equity loans generally present a lower level of risk than certain other types of consumer loans because they are secured by the borrower’s primary residence. Risk is increased when the Company is in a subordinate position for the loan collateral. ​ Obligations of States and Political Subdivisions The Company lends to local municipalities and other tax-exempt organizations. These loans are primarily tax-anticipation notes and, as such, carry little risk. Historically, the Company has never had a loss on any loan of this type.
Personal Loan [Member] | Consumer Portfolio Segment [Member]
Loans	Personal Lending The Company offers a variety of secured and unsecured personal loans, including vehicle loans, mobile home loans and loans secured by savings deposits as well as other types of personal loans. Personal loan terms vary according to the type and value of collateral and creditworthiness of the borrower. In underwriting personal loans, a thorough analysis of the borrower’s willingness and financial ability to repay the loan as agreed is performed. The ability to repay is determined by the borrower’s employment history, current financial conditions and credit background. Personal loans may entail greater credit risk than do residential mortgage loans, particularly in the case of personal loans which are unsecured or are secured by rapidly depreciable assets, such as automobiles or recreational equipment. In such cases, any repossessed collateral for a defaulted personal loan may not provide an adequate source of repayment of the outstanding loan balance because of the greater likelihood of damage, loss or depreciation. In addition, personal loan collections are dependent on the borrower’s continuing financial stability and, thus are more likely to be affected by adverse personal circumstances. Furthermore, the application of various federal and state laws, including bankruptcy and insolvency laws, may limit the amount which can be recovered on such loans.

RECENT ACCOUNTING STANDARDS U_2

RECENT ACCOUNTING STANDARDS UPDATES (Policy)	12 Months Ended
	Dec. 31, 2022
RECENT ACCOUNTING STANDARDS UPDATE ("ASU")
Adoption of New Accounting Standards	New Accounting Standards Adopted in 2022: ASU 2020-04, Reference Rate Report (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting Issued: Summary: The new guidance provides the following optional expedients that reduce costs and complexity of accounting for reference rate reform: ● Simplify accounting analyses for contract modifications. ● Allow hedging relationships to continue without de-designation if there are qualifying change in the critical terms of an existing hedging relationship due to reference rate reform. ● Allow a change in the systematic and rational method used to recognize in earnings the components excluded from the assessment of hedge effectiveness. ● Allow a change in the designated benchmark interest rate to a different eligible benchmark interest rate in a fair value hedging relationship. ● Allow the shortcut method for a fair value hedging relationship to continue for the remainder of the hedging relationship. ● Simplify the assessment of hedge effectiveness and provide temporary optional expedients for cash flow hedging relationships affected by reference rate reform. ● Allow a one-time election to sell or transfer debt securities classified as held to maturity that reference a rate affected by reference rate reform and are classified as held to maturity before January 1, 2020. ​ In January 2021, the FASB issued ASU 2021-01 which clarified that all derivative instruments affected by the changes to interest rates used for discounting, margining or contract price alignment, regardless of whether they reference LIBOR or another rate expected to be discontinued as a result of reference rate reform, an entity may apply certain practical expedients in Topic 848. ​ Effective Date: Pending Accounting Standards: ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Issued: Summary: Effective Date: ● For debt securities with other-than-temporary impairment (“OTTI”), the guidance will be applied prospectively , if applicable. ● Existing purchased credit impaired (“PCI”) assets will be grandfathered and classified as purchased credit deteriorated (“PCD”) assets as the date of adoption. The asset will be grossed up for the allowance for expected credit losses for all PCD assets at the date of adoption and will continue to recognize the noncredit discount in interest income based on the yield of such assets as of the adoption date. Subsequent changes in expected credit losses will be recorded through the allowance. ● For all other assets within the scope of CECL, a cumulative-effect adjustment will be recognized in retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company is adopting Topic 326, as of January 1, 2023. While the Company has not finalized the impact of implementing CECL, the Company expects to recognize a one-time cumulative effect increase to the allowance for credit losses on loans of between $1.0 million to $1.2 million upon adoption. The future impact of CECL on the Company’s allowance for credit losses and provision expense subsequent to the initial adoption will depend on changes in the loan portfolio, economic conditions and refinements to key assumptions including forecasting and qualitative factors. The Company measured its allowance under its current incurred loan loss model as of December 31, 2022. The impact of adoption on the allowance for credit losses on off-balance sheet commitments and for credit losses on securities held to maturity is not expected to be material. ASU 2022-02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures Issued: Summary: guidance for TDRs, an entity will apply the loan refinancing and restructuring guidance to determine whether a modification or other form of restructuring results in a new loan or a continuation of an existing loan. Additionally, the amendments in this ASU require a public business entity to disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases in the existing vintage disclosures. Effective Date:

BORROWINGS (Policy)

BORROWINGS (Policy)	12 Months Ended
	Dec. 31, 2022
BORROWINGS
Repurchase Agreements, Policy	The Bank has repurchase agreements with some of its depositors, under which customers’ funds are invested daily into an interest bearing account. These funds are carried by the Company as short-term debt. It is the Company’s policy to completely collateralize repurchase agreements with U.S. Government securities.

SECURITIES (Tables)

SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2022
SECURITIES
Debt Securities Available for Sale	The amortized cost and fair value of debt securities as of December 31, 2022 and 2021, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because the securities may be called or prepaid with or without prepayment penalties. Securities not due at a single maturity date are shown separately. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) December 31, 2022 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrealized ​ Unrealized ​ Cost Value Gains Losses Debt Securities Available for Sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 15,500 ​ $ 13,705 ​ $ — ​ $ (1,795) ​ ​ 15,500 ​ 13,705 ​ — ​ (1,795) Obligations of state and political subdivisions ​ ​ ​ ​ After one year but within five years ​ 4,076 ​ ​ 3,924 ​ ​ — ​ ​ (152) After five years but within ten years ​ ​ 4,608 ​ 3,755 ​ — ​ ​ (853) ​ ​ 8,684 ​ 7,679 ​ — ​ (1,005) Corporate debt securities ​ ​ ​ ​ After one year but within five years ​ 4,673 ​ ​ 4,190 ​ ​ — ​ ​ (483) After five years but within ten years ​ 13,000 ​ ​ 11,151 ​ ​ — ​ ​ (1,849) ​ ​ 17,673 ​ 15,341 ​ — ​ (2,332) Mortgage-backed securities ​ 39,479 ​ ​ 36,811 ​ ​ — ​ ​ (2,668) Total ​ $ 81,336 ​ $ 73,536 ​ $ — ​ $ (7,800) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) December 31, 2022 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrecognized ​ Unrecognized ​ Cost Value Gains Losses Debt Securities Held to Maturity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 13,039 ​ $ 13,067 ​ $ 28 ​ $ — After five years but within ten years ​ ​ 15,561 ​ ​ 15,605 ​ ​ 56 ​ ​ (12) ​ ​ ​ 28,600 ​ ​ 28,672 ​ ​ 84 ​ ​ (12) Mortgage-backed securities ​ ​ 180,965 ​ ​ 181,215 ​ ​ 1,682 ​ ​ (1,432) Total ​ $ 209,565 ​ $ 209,887 ​ $ 1,766 ​ $ (1,444) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2021 ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrealized ​ Unrealized ​ ​ Cost ​ Value ​ Gains ​ Losses Debt Securities Available for Sale ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ After one year but within five years ​ $ 6,000 ​ $ 5,807 ​ $ — ​ $ (193) After five years but within ten years ​ ​ 35,881 ​ ​ 34,719 ​ ​ — ​ ​ (1,162) ​ ​ 41,881 ​ 40,526 ​ — ​ (1,355) Obligations of state and political subdivisions ​ ​ ​ ​ After one year but within five years ​ 3,810 ​ ​ 3,937 ​ 129 ​ ​ (2) After five years but within ten years ​ 1,246 ​ 1,221 ​ — ​ ​ (25) After ten years ​ ​ 4,118 ​ 4,062 ​ — ​ ​ (56) ​ ​ 9,174 ​ 9,220 ​ 129 ​ (83) Corporate debt securities ​ ​ ​ ​ After one year but within five years ​ 2,000 ​ ​ 1,972 ​ ​ — ​ ​ (28) After five years but within ten years ​ 32,408 ​ ​ 33,024 ​ ​ 805 ​ ​ (189) ​ ​ 34,408 ​ 34,996 ​ 805 ​ (217) Mortgage-backed securities ​ 254,762 ​ ​ 250,682 ​ ​ 812 ​ ​ (4,892) Total ​ $ 340,225 ​ $ 335,424 ​ $ 1,746 ​ $ (6,547) ​
Summary of Proceeds Received from Sales or Calls of Available for Sale Securities	In addition to cash received from the scheduled maturities of securities, some investment securities available for sale are sold at current market values through normal operations. Following is a summary of proceeds received from all investment securities transactions and the resulting realized gains and losses: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Year Ended ​ ​ December 31, ​ 2022 2021 Gross proceeds from sales and calls of securities ​ $ 23,271 ​ $ 43,115 Gross realized gains from sold and called securities ​ ​ 25 ​ ​ 175 Gross realized losses from sold and called securities ​ (1,478) ​ (154) Net gains (losses) from sales and calls of securities ​ $ (1,453) ​ $ 21
Schedule of Gross Unrealized Losses and Fair Value	The following table summarizes securities with unrealized and unrecognized losses at December 31, 2022 and December 31, 2021, aggregated by category and length of time in a continuous unrealized or unrecognized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Losses at December 31, 2022 ​ ​ Less Than 12 Months ​ 12 Months or More ​ Total (Dollars in thousands) Number ​ ​ ​ ​ Number ​ ​ ​ ​ Number ​ ​ ​ ​ ​ ​ of ​ Fair ​ Unrealized ​ of ​ Fair ​ Unrealized ​ of ​ Fair ​ Unrealized ​ ​ Securities ​ Value ​ Losses ​ Securities ​ Value ​ Losses ​ Securities ​ Value ​ Losses Securities available for sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises 1 ​ $ 2,456 ​ $ (44) 2 ​ $ 11,248 ​ $ (1,751) 3 ​ $ 13,704 ​ $ (1,795) Obligations of state and political subdivisions 4 ​ ​ 2,781 ​ (20) 7 ​ 4,898 ​ (985) 11 ​ 7,679 ​ (1,005) Corporate debt securities ​ 5 ​ ​ 9,831 ​ ​ (1,669) 4 ​ ​ 5,510 ​ ​ (663) 9 ​ ​ 15,341 ​ ​ (2,332) Mortgage-backed securities 33 ​ ​ 36,493 ​ ​ (2,630) 1 ​ ​ 319 ​ ​ (38) 34 ​ ​ 36,812 ​ ​ (2,668) Total temporarily impaired securities available for sale 43 ​ $ 51,561 ​ $ (4,363) 14 ​ $ 21,975 ​ $ (3,437) 57 ​ $ 73,536 ​ $ (7,800) Securities held to maturity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises 1 ​ $ 3,463 ​ $ (12) — ​ $ — ​ $ — 1 ​ $ 3,463 ​ $ (12) Mortgage-backed securities 9 ​ ​ 21,643 ​ ​ (392) 12 ​ ​ 48,788 ​ ​ (1,040) 21 ​ ​ 70,431 ​ ​ (1,432) Total temporarily impaired securities held to maturity ​ 10 ​ $ 25,106 ​ $ (404) 12 ​ $ 48,788 ​ $ (1,040) 22 ​ $ 73,894 ​ $ (1,444) Total 53 ​ $ 76,667 ​ $ (4,767) 26 ​ $ 70,763 ​ $ (4,477) 79 ​ $ 147,430 ​ $ (9,244) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Losses at December 31, 2021 ​ ​ Less Than 12 Months ​ 12 Months or More ​ Total (Dollars in thousands) Number ​ ​ ​ ​ Number ​ ​ ​ ​ Number ​ ​ ​ ​ ​ ​ of ​ Fair ​ Unrealized ​ of ​ Fair ​ Unrealized ​ of ​ Fair ​ Unrealized ​ ​ Securities ​ Value ​ Losses ​ Securities ​ Value ​ Losses ​ Securities ​ Value ​ Losses Securities available for sale ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises 5 ​ $ 22,130 ​ $ (752) 3 ​ $ 18,396 ​ $ (603) 8 ​ $ 40,526 ​ $ (1,355) Obligations of state and political subdivisions 7 ​ ​ 5,781 ​ (83) — ​ — ​ — 7 ​ 5,781 ​ (83) Corporate debt securities ​ 6 ​ ​ 10,144 ​ ​ (217) — ​ ​ — ​ ​ — 6 ​ ​ 10,144 ​ ​ (217) Mortgage-backed securities 36 ​ ​ 182,328 ​ ​ (3,504) 5 ​ ​ 26,443 ​ ​ (1,388) 41 ​ ​ 208,771 ​ ​ (4,892) Total temporarily impaired securities available for sale 54 ​ $ 220,383 ​ $ (4,556) 8 ​ $ 44,839 ​ $ (1,991) 62 ​ $ 265,222 ​ $ (6,547)

LOANS AND RELATED ALLOWANCE F_2

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Tables)	12 Months Ended
	Dec. 31, 2022
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES
Loan Portfolio by Class	The following table presents the loan portfolio by class at December 31, 2022 and 2021. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ December 31, 2022 December 31, 2021 Commercial, financial and agricultural ​ $ 61,458 ​ $ 62,639 Real estate - commercial ​ ​ 199,206 ​ ​ 159,806 Real estate - construction ​ 50,748 ​ 43,281 Real estate - mortgage ​ 150,290 ​ 131,754 Obligations of states and political subdivisions ​ ​ 18,770 ​ ​ 16,323 Personal ​ 4,040 ​ 4,500 Total ​ $ 484,512 ​ $ 418,303 ​
Activity in the Allowance for Loan Losses by Loan Class	The following tables summarize loans and the activity in the allowance for loan losses by loan class, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of and for the years ended December 31, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ Obligations ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ ​ ​ ​ ​ ​ ​ of states ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ financial and ​ Real estate- ​ Real estate- ​ and political ​ Real estate- ​ ​ ​ ​ ​ ​ ​ ​ agricultural ​ commercial ​ construction ​ subdivisions ​ mortgage ​ Personal ​ Total Year Ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 251 ​ $ 1,020 ​ $ 884 ​ $ 45 ​ $ 1,269 ​ $ 39 ​ $ 3,508 Provision for loan losses ​ 44 ​ 90 ​ 262 ​ 9 ​ 45 ​ 5 ​ 455 Charge-offs ​ — ​ — ​ — ​ — ​ (23) ​ (13) ​ (36) Recoveries ​ 2 ​ — ​ — ​ — ​ 94 ​ 4 ​ 100 Balance, end of period ​ $ 297 ​ $ 1,110 ​ $ 1,146 ​ $ 54 ​ $ 1,385 ​ $ 35 ​ $ 4,027 December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 302 ​ $ 908 ​ $ 1,586 ​ $ 28 ​ $ 1,200 ​ $ 70 ​ $ 4,094 Provision for loan losses ​ (58) ​ 76 ​ (788) ​ 17 ​ 8 ​ (24) ​ (769) Charge-offs ​ — ​ — ​ — ​ — ​ — ​ (17) ​ (17) Recoveries ​ 7 ​ 36 ​ 86 ​ — ​ 61 ​ 10 ​ 200 Balance, end of period ​ $ 251 ​ $ 1,020 ​ $ 884 ​ $ 45 ​ $ 1,269 ​ $ 39 ​ $ 3,508 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ Obligations ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ ​ ​ ​ ​ ​ ​ of states ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ financial and ​ Real estate- ​ Real estate- ​ and political ​ Real estate- ​ ​ ​ ​ ​ ​ ​ ​ agricultural ​ commercial ​ construction ​ subdivisions ​ mortgage ​ Personal ​ Total December 31, 2022 ​ ​ ​ ​ ​ ​ ​ Loans allocated by: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ 2,025 ​ $ — ​ $ — ​ $ 377 ​ $ — ​ $ 2,402 Acquired with credit deterioration ​ ​ — ​ ​ 334 ​ ​ — ​ ​ — ​ ​ 419 ​ ​ — ​ ​ 753 Collectively evaluated for impairment ​ ​ 61,458 ​ ​ 196,847 ​ ​ 50,748 ​ ​ 18,770 ​ ​ 149,494 ​ ​ 4,040 ​ ​ 481,357 ​ ​ $ 61,458 ​ $ 199,206 ​ $ 50,748 ​ $ 18,770 ​ $ 150,290 ​ $ 4,040 ​ $ 484,512 Allowance for loan losses allocated by: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Acquired with credit deterioration ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Collectively evaluated for impairment ​ ​ 297 ​ ​ 1,110 ​ ​ 1,146 ​ ​ 54 ​ ​ 1,385 ​ ​ 35 ​ ​ 4,027 ​ ​ $ 297 ​ $ 1,110 ​ $ 1,146 ​ $ 54 ​ $ 1,385 ​ $ 35 ​ $ 4,027 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ Loans allocated by: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ 5,262 ​ $ — ​ $ — ​ $ 437 ​ $ — ​ $ 5,699 Acquired with credit deterioration ​ ​ — ​ ​ 357 ​ ​ — ​ ​ — ​ ​ 481 ​ ​ — ​ ​ 838 Collectively evaluated for impairment ​ ​ 62,639 ​ ​ 154,187 ​ ​ 43,281 ​ ​ 16,323 ​ ​ 130,836 ​ ​ 4,500 ​ ​ 411,766 ​ ​ $ 62,639 ​ $ 159,806 ​ $ 43,281 ​ $ 16,323 ​ $ 131,754 ​ $ 4,500 ​ $ 418,303 Allowance for loan losses allocated by: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated for impairment ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 2 ​ $ — ​ $ 2 Acquired with credit deterioration ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Collectively evaluated for impairment ​ ​ 251 ​ ​ 1,020 ​ ​ 884 ​ ​ 45 ​ ​ 1,267 ​ ​ 39 ​ ​ 3,506 ​ ​ $ 251 ​ $ 1,020 ​ $ 884 ​ $ 45 ​ $ 1,269 ​ $ 39 ​ $ 3,508
Impaired Loans by Loan Portfolio Class	​ The following tables summarize information regarding impaired loans by portfolio class as of December 31, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ As of December 31, 2022 ​ As of December 31, 2021 ​ Recorded Unpaid Principal Related Recorded Unpaid Principal Related ​ ​ Investment ​ Balance ​ Allowance ​ Investment ​ Balance ​ Allowance Impaired loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ With no related allowance recorded: ​ ​ ​ ​ ​ ​ Real estate - commercial ​ $ 2,025 ​ $ 2,471 ​ $ — ​ $ 5,262 ​ $ 5,720 ​ $ — Acquired with credit deterioration ​ 334 ​ ​ 344 ​ — ​ 357 ​ ​ 366 ​ — Real estate – construction ​ — ​ — ​ — ​ — ​ 649 ​ — Real estate - mortgage ​ 377 ​ 993 ​ — ​ 368 ​ 1,054 ​ — Acquired with credit deterioration ​ 419 ​ ​ 634 ​ — ​ 481 ​ ​ 660 ​ — With an allowance recorded: ​ ​ ​ ​ ​ ​ ​ ​ Real estate - mortgage ​ $ — ​ $ — ​ $ — ​ $ 69 ​ $ 68 ​ $ 2 Total: ​ ​ ​ ​ ​ ​ Real estate - commercial ​ $ 2,025 ​ $ 2,471 ​ $ — ​ $ 5,262 ​ $ 5,720 ​ $ — Acquired with credit deterioration ​ 334 ​ 344 ​ — ​ 357 ​ 366 ​ — Real estate - construction ​ — ​ — ​ — ​ — ​ 649 ​ — Real estate – mortgage ​ 377 ​ 993 ​ — ​ 437 ​ 1,122 ​ 2 Acquired with credit deterioration ​ 419 ​ 634 ​ — ​ 481 ​ 660 ​ — ​ ​ $ 3,155 ​ $ 4,442 ​ $ — ​ $ 6,537 ​ $ 8,517 ​ $ 2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Year Ended December 31, 2022 ​ Year Ended December 31, 2021 ​ Average Interest Cash Basis Average Interest Cash Basis ​ ​ Recorded ​ Income ​ Interest ​ Recorded ​ Income ​ Interest ​ ​ Investment ​ Recognized ​ Income ​ Investment ​ Recognized ​ Income Impaired Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ With no related allowance recorded: ​ ​ ​ ​ ​ ​ Real estate - commercial ​ $ 3,650 ​ $ 190 ​ $ — ​ $ 4,346 ​ $ 166 ​ $ — Acquired with credit deterioration ​ 344 ​ — ​ — ​ 345 ​ — ​ — Real estate - mortgage ​ 400 ​ 10 ​ 39 ​ 579 ​ 10 ​ 30 Acquired with credit deterioration ​ 447 ​ — ​ — ​ 602 ​ — ​ — Total: ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial ​ $ 3,650 ​ $ 190 ​ $ — ​ $ 4,346 ​ $ 166 ​ $ — Acquired with credit deterioration ​ 344 ​ — ​ — ​ 345 ​ — ​ — Real estate - mortgage ​ 400 ​ 10 ​ 39 ​ 579 ​ 10 ​ 30 Acquired with credit deterioration ​ 447 ​ — ​ — ​ 602 ​ — ​ — ​ ​ $ 4,841 ​ $ 200 ​ $ 39 ​ $ 5,872 ​ $ 176 ​ $ 30 ​
Nonaccrual Loans by Classes of the Loan Portfolio	The following table presents non-accrual loans by classes of the loan portfolio as of December 31, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ December 31, 2022 December 31, 2021 Non-accrual loans: ​ ​ ​ ​ ​ ​ Real estate - mortgage ​ $ 139 ​ $ 141 Total ​ $ 139 ​ $ 141 ​
Loan Portfolio Summarized by the Past Due Status	The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio summarized by the past due status as of December 31, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ ​ ​ than 89 ​ ​ ​ ​ ​ 30 ‑ 59 Days ​ 60 ‑ 89 Days ​ than 89 ​ Total Past ​ ​ ​ ​ Days and ​ ​ Current ​ Past Due(2) ​ Past Due ​ Days ​ Due ​ Total Loans ​ Accruing(1) As of December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial and agricultural ​ $ 61,359 ​ $ 75 ​ $ — ​ $ 24 ​ $ 99 ​ $ 61,458 ​ $ 24 Real estate - commercial ​ 198,761 ​ — ​ 104 ​ 7 ​ 111 ​ 198,872 ​ 7 Real estate - construction ​ 50,748 ​ — ​ — ​ — ​ — ​ 50,748 ​ — Real estate - mortgage ​ 149,488 ​ 205 ​ 36 ​ 142 ​ 383 ​ 149,871 ​ 4 Obligations of states and political subdivisions ​ 18,770 ​ — ​ — ​ — ​ — ​ 18,770 ​ — Personal ​ 4,008 ​ 27 ​ 1 ​ 4 ​ 32 ​ 4,040 ​ 4 Subtotal ​ ​ 483,134 ​ ​ 307 ​ ​ 141 ​ ​ 177 ​ ​ 625 ​ ​ 483,759 ​ ​ 39 Loans acquired with credit deterioration ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial ​ 334 ​ — ​ — ​ — ​ — ​ 334 ​ — Real estate - mortgage ​ 419 ​ — ​ — ​ — ​ — ​ 419 ​ — Subtotal ​ ​ 753 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 753 ​ ​ — ​ ​ $ 483,887 ​ $ 307 ​ $ 141 ​ $ 177 ​ $ 625 ​ $ 484,512 ​ $ 39 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Past Due ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ ​ ​ than 89 ​ ​ ​ ​ ​ 30 ‑ 59 Days ​ 60 ‑ 89 Days ​ than 89 ​ Total Past ​ ​ ​ ​ Days and ​ Current Past Due(2) Past Due Days Due Total Loans Accruing(1) As of December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial and agricultural ​ $ 62,628 ​ $ 11 ​ $ — ​ $ — ​ $ 11 ​ $ 62,639 ​ $ — Real estate - commercial ​ 159,396 ​ 53 ​ — ​ — ​ 53 ​ 159,449 ​ — Real estate - construction ​ 43,281 ​ — ​ — ​ — ​ — ​ 43,281 ​ — Real estate - mortgage ​ 130,242 ​ 440 ​ 488 ​ 103 ​ 1,031 ​ 131,273 ​ 85 Obligations of states and political subdivisions ​ 16,323 ​ — ​ — ​ — ​ — ​ 16,323 ​ — Personal ​ 4,492 ​ 8 ​ — ​ — ​ 8 ​ 4,500 ​ — Subtotal ​ ​ 416,362 ​ ​ 512 ​ ​ 488 ​ ​ 103 ​ ​ 1,103 ​ ​ 417,465 ​ ​ 85 Loans acquired with credit deterioration ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial ​ 357 ​ — ​ — ​ — ​ — ​ 357 ​ — Real estate - mortgage ​ 481 ​ — ​ — ​ — ​ — ​ 481 ​ — Subtotal ​ ​ 838 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 838 ​ ​ — ​ ​ $ 417,200 ​ $ 512 ​ $ 488 ​ $ 103 ​ $ 1,103 ​ $ 418,303 ​ $ 85 (1) These loans are guaranteed, or well secured, and there is an effective means of collection in process. (2) Loans are considered past due when the borrower is in arrears on two or more monthly payments.
Summary of Loans Whose Terms Have Been Modified	The following table summarizes the loan whose term was modified, resulting in troubled debt restructurings during 2021. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Pre-Modification Post-Modification ​ ​ ​ ​ Number of ​ Outstanding ​ Outstanding ​ ​ ​ ​ ​ Contracts ​ Recorded Investment ​ Recorded Investment ​ Recorded Investment Year ended December 31, 2021 ​ ​ ​ ​ ​ ​ ​ Accruing troubled debt restructurings: ​ ​ ​ Real estate - commercial 1 ​ $ 2,254 ​ $ 2,254 ​ $ 1,854 ​ 1 ​ $ 2,254 ​ $ 2,254 ​ $ 1,854 ​
Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating	The following table presents the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of December 31, 2022 and December 31, 2021. The decline in special mention real estate – commercial loans as of December 31, 2022 compared to December 31, 2021 was largely due to a $2.9 million payoff of a special mention loan, as well as paydowns and the upgrade of two loan relationships to pass ratings in 2022. The decline in substandard real estate – commercial as of December 31, 2022 compared to December 31, 2021 was primarily due to the payoff of a $3.1 million substandard loan relationship in 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2022 Pass Mention Substandard Doubtful Total Commercial, financial and agricultural ​ $ 60,990 ​ $ 468 ​ $ — ​ $ — ​ $ 61,458 Real estate - commercial ​ 186,977 ​ 9,802 ​ 2,427 ​ — ​ 199,206 Real estate - construction ​ 50,008 ​ 740 ​ — ​ — ​ 50,748 Real estate - mortgage ​ 149,272 ​ 222 ​ 796 ​ — ​ 150,290 Obligations of states and political subdivisions ​ 18,770 ​ — ​ — ​ — ​ 18,770 Personal ​ 4,040 ​ — ​ — ​ — ​ 4,040 Total ​ $ 470,057 ​ $ 11,232 ​ $ 3,223 ​ $ — ​ $ 484,512 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 Pass Mention Substandard Doubtful Total Commercial, financial and agricultural ​ $ 61,372 ​ $ 577 ​ $ 690 ​ $ — ​ $ 62,639 Real estate - commercial ​ 137,684 ​ 16,429 ​ 5,693 ​ — ​ 159,806 Real estate - construction ​ 42,394 ​ — ​ 887 ​ — ​ 43,281 Real estate - mortgage ​ 130,584 ​ 252 ​ 918 ​ — ​ 131,754 Obligations of states and political subdivisions ​ 16,323 ​ — ​ — ​ — ​ 16,323 Personal ​ 4,500 ​ — ​ — ​ — ​ 4,500 Total ​ $ 392,857 ​ $ 17,258 ​ $ 8,188 ​ $ — ​ $ 418,303

BANK OWNED LIFE INSURANCE AND_2

BANK OWNED LIFE INSURANCE AND ANNUITIES (Tables)	12 Months Ended
	Dec. 31, 2022
BANK OWNED LIFE INSURANCE AND ANNUITIES
Summary of Changes in Cash Value of BOLI and Annuities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Life ​ Deferred ​ ​ ​ ​ Insurance Annuities Total Balance as of January 1, 2021 ​ $ 16,010 $ 558 ​ $ 16,568 Earnings ​ 225 ​ 21 ​ 246 Premiums on existing policies ​ 26 ​ 12 ​ 38 Balance as of December 31, 2021 ​ 16,261 ​ 591 ​ 16,852 Earnings ​ 198 ​ 21 ​ 219 Premiums on existing policies ​ 8 ​ 12 ​ 20 Annuity payments received ​ ​ 10 ​ ​ — ​ ​ 10 Death Benefits received ​ (1,847) ​ (57) ​ (1,904) Balance as of December 31, 2022 ​ $ 14,630 ​ $ 567 ​ $ 15,197

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2022
PREMISES AND EQUIPMENT
Premises and Equipment	Premises and equipment consist of the following: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, ​ 2022 2021 Land ​ $ 294 ​ $ 294 Buildings and improvements ​ 13,698 ​ 13,486 Furniture, computer software and equipment ​ 7,144 ​ 6,940 ​ ​ 21,136 ​ 20,720 Less: accumulated depreciation ​ (12,946) ​ (12,349) ​ ​ $ 8,190 ​ $ 8,371 ​

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS
Amortization Schedule for Intangible Assets	The following table shows the amortization schedule for each of the intangible assets recorded. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) FNBPA LCB ​ ​ Acquisition ​ Acquisition ​ ​ Core ​ Core ​ ​ Deposit ​ Deposit ​ ​ Intangible ​ Intangible Beginning Balance at Acquisition Date ​ $ 303 ​ $ 289 Amortization expense recorded prior to December 31, 2020 ​ 223 ​ 128 Amortization expense recorded in Years ended: ​ ​ December 31, 2021 ​ 27 ​ 39 December 31, 2022 ​ 21 ​ 33 Unamortized balance as of December 31, 2022 ​ $ 32 ​ $ 89 ​ ​ ​ ​ ​ ​ ​ Scheduled Amortization expense for years ended: ​ ​ December 31, 2023 ​ $ 16 ​ $ 28 December 31, 2024 ​ 11 ​ 23 December 31, 2025 ​ 5 ​ 17 December 31, 2026 ​ — ​ 12 December 31, 2027 ​ — ​ 7 Thereafter ​ — ​ 2

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2022
DEPOSITS
Schedule of Deposits	Deposits consist of the following: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, ​ 2022 2021 Demand, non-interest bearing ​ $ 199,131 ​ $ 182,022 Interest-bearing demand and money market ​ 227,028 ​ 240,974 Savings ​ 143,082 ​ 142,187 Time deposits, $250,000 or more ​ 13,238 ​ 13,547 Other time deposits ​ 129,033 ​ 129,717 ​ ​ $ 711,512 ​ $ 708,447 ​
Schedule of Maturities of Time Deposits	The aggregate amount of scheduled maturities of time deposits as of December 31, 2022 include the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Time Deposits Maturing in: $250,000 or more Other Total Time Deposits 2023 ​ $ 4,366 ​ $ 53,416 ​ $ 57,782 2024 ​ 6,901 ​ 44,731 ​ 51,632 2025 ​ 1,436 ​ 10,322 ​ 11,758 2026 ​ — ​ 13,058 ​ 13,058 2027 ​ 267 ​ 5,896 ​ 6,163 Later ​ 268 ​ 1,610 ​ 1,878 ​ ​ $ 13,238 ​ $ 129,033 ​ $ 142,271

BORROWINGS (Tables)

BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2022
BORROWINGS
Schedule of Borrowings	Short term borrowings, and the related maximum amounts outstanding at the end of any month in the years ended December 31, 2022 and 2021, are presented below. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ Maximum Outstanding at ​ ​ Years Ended December 31, ​ ​ Any Month End ​ 2022 2021 ​ 2022 2021 Repurchase agreements ​ $ 7,585 ​ $ 4,227 ​ ​ $ 7,585 ​ $ 4,804 Short-term borrowings with FHLB: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Overnight advances ​ 28,125 ​ — ​ ​ 28,125 ​ 9,000 3-month advances ​ ​ 20,000 ​ ​ — ​ ​ ​ 20,000 ​ ​ 20,000 ​ ​ $ 55,710 ​ $ 4,227 ​ ​ $ 55,710 ​ $ 33,804 ​ The following table presents supplemental information related to short-term borrowings. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Securities sold under ​ ​ ​ ​ ​ ​ agreements to repurchase ​ ​ Short-term borrowings ​ ​ 2022 2021 ​ 2022 2021 Amount outstanding as of December 31 ​ $ 7,585 ​ $ 4,227 ​ ​ $ 48,125 ​ $ — ​ Weighted average interest rate as of December 31 ​ 3.44 % 0.10 % ​ 4.55 % — % Average amount outstanding during the year ​ $ 5,532 ​ $ 4,249 ​ ​ $ 18,635 ​ $ 6,741 ​ Weighted average interest rate during the year ​ 1.54 % 0.10 % ​ 3.05 % 0.38 % ​
Scheduled Maturities of Long-Term Debt	The following table summarizes the scheduled maturities of long-term debt as of December 31, 2022. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Scheduled ​ Weighted Average ​ Year Maturities Interest Rate ​ 2023 ​ $ — ​ — % 2024 ​ ​ 15,000 ​ 2.29 ​ 2025 ​ ​ 5,000 2.41 ​ 2026 ​ — — ​ 2027 ​ — — ​ Thereafter ​ ​ — ​ — ​ ​ ​ $ 20,000 2.32 % ​

OPERATING LEASE OBLIGATIONS (Ta

OPERATING LEASE OBLIGATIONS (Tables)	12 Months Ended
	Dec. 31, 2022
OPERATING LEASE OBLIGATIONS
Summary of future minimum payments for operating leases	The future minimum payments for operating leases with initial or remaining terms of one year or more as of December 31, 2022 were as follows: ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ Years ending December 31, Lease Obligation 2023 ​ $ 107 2024 ​ 95 2025 ​ 95 2026 ​ 52 2027 ​ 49 2028 and beyond ​ 62 Total Future Minimum Lease Payments ​ ​ 460 Amounts Representing Interest ​ ​ (57) Present Value of Net Future Minimum Lease Payments ( Lease Liability ) ​ $ 403

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2022
INCOME TAXES
Components of Income Tax Expense	The components of income tax expense for the two years ended December 31 were: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Years Ended December 31, ​ 2022 2021 Current tax expense ​ $ 513 ​ $ 235 Deferred tax expense ​ 129 ​ 49 Total tax provision ​ $ 642 ​ $ 284 ​
Effective Income Tax Rate Reconciliation	​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Years Ended December 31, ​ ​ 2022 2021 Income before income taxes ​ $ 8,962 ​ $ 6,888 ​ Statutory tax rate ​ 21 % 21 % Federal tax at statutory rate ​ 1,882 ​ 1,447 ​ Tax-exempt interest ​ (189) ​ (208) ​ Net earnings on BOLI ​ (67) ​ (36) ​ Gain from life insurance proceeds ​ (80) ​ — ​ Stock-based compensation ​ 3 ​ (2) ​ Federal tax credits ​ (902) ​ (902) ​ Other permanent differences ​ (5) ​ (15) ​ Total tax provision ​ $ 642 ​ $ 284 ​ Effective tax rate ​ 7.2 % 4.1 %
Schedule of Deferred Tax Assets and Liabilities	​ Deductible temporary differences and taxable temporary differences gave rise to a net deferred tax asset for the Company as of December 31, 2022 and December 31, 2021. The components are detailed below: ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Years Ended December 31, ​ 2022 2021 Deferred Tax Assets: ​ ​ Allowance for loan losses ​ $ 847 ​ $ 741 Deferred directors’ compensation ​ 212 ​ 329 Employee and director benefits ​ 252 ​ 264 Stock-based compensation ​ ​ 51 ​ ​ 59 Investment in low income housing project ​ 494 ​ 397 Fair value adjustments to acquired assets and liabilities ​ 146 ​ 172 Tax credit carryforward ​ — ​ 235 Lease liability ​ ​ 85 ​ ​ 63 Unrealized loss on debt securities available for sale ​ ​ 1,638 ​ ​ 1,008 Unrealized loss on debt securities held to maturity ​ 9,536 ​ — Total deferred tax assets ​ 13,261 ​ 3,268 ​ ​ ​ ​ ​ ​ ​ Deferred Tax Liabilities: ​ ​ Depreciation ​ (124) ​ (165) Right of use asset ​ ​ (83) ​ ​ (62) Loan origination fees and costs ​ (559) ​ (505) Prepaid expenses ​ (10) ​ (20) Unrealized gains on debt securities available for sale ​ ​ — ​ ​ — Unrealized gain from securities impairment ​ ​ (16) ​ ​ (58) Unrealized gain on derivatives ​ ​ (56) ​ ​ (114) Annuity earnings ​ (73) ​ (68) Fair value of mortgage servicing rights ​ (19) ​ (25) Intangible assets ​ (26) ​ (37) Goodwill ​ (429) ​ (429) Other ​ (28) ​ (42) Total deferred tax liabilities ​ (1,423) ​ (1,525) Net deferred tax asset included in other assets ​ $ 11,838 ​ $ 1,743 ​

STOCKHOLDERS' EQUITY AND REGU_2

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS (Tables)	12 Months Ended
	Dec. 31, 2022
STOCKHOLDERS' EQUITY AND REGULATORY MATTERS
Schedule of Compliance with Regulatory Capital Requirements	​ Actual and required capital amounts and ratios as of December 31, 2022 and December 31, 2021, are presented below. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Regulatory ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Requirements ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ to be Well ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized ​ ​ ​ ​ ​ ​ ​ Minimum Requirement ​ under Prompt (Dollars in thousands) ​ ​ ​ ​ ​ ​ for Capital ​ Corrective Action ​ ​ Actual ​ Adequacy Purposes ​ Provisions The Juniata Valley Bank Amount Ratio Amount Ratio Amount Ratio ​ As of December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Capital (to Risk Weighted Assets) ​ $ 73,143 13.01 % $ 59,040 10.50 % $ 56,229 10.00 % Tier 1 Capital (to Risk Weighted Assets) ​ 69,116 12.29 % 47,794 8.50 % 44,983 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) ​ 69,116 12.29 % 39,360 7.00 % 36,549 6.50 % Tier 1 Capital (to Average Assets) Leverage ​ 69,116 8.48 % 32,605 4.00 % 40,756 5.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021: ​ ​ ​ ​ Total Capital (to Risk Weighted Assets) ​ $ 56,153 11.06 % $ 54,580 10.50 % $ 51,981 10.00 % Tier 1 Capital (to Risk Weighted Assets) ​ 56,153 11.06 % 44,184 8.50 % 41,585 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) ​ 56,153 11.06 % 36,387 7.00 % 33,788 6.50 % Tier 1 Capital (to Average Assets) Leverage ​ 56,153 6.99 % 32,502 4.00 % 40,627 5.00 % ​

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2022
EARNINGS PER SHARE
Computation of Basic and Diluted Earnings per Share	The following table sets forth the computation of basic and diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ (Amounts in thousands, except earnings per share data) ​ Year ended December 31, ​ 2022 2021 Net income ​ $ 8,320 ​ $ 6,604 Weighted-average common shares outstanding ​ 5,000 ​ 5,004 Basic earnings per share ​ ​ 1.66 ​ ​ 1.32 ​ ​ ​ ​ ​ ​ ​ Weighted-average common shares outstanding ​ $ 5,000 ​ $ 5,004 Common stock equivalents due to effect of stock options ​ 9 ​ 9 Total weighted-average common shares and equivalents ​ $ 5,009 ​ $ 5,013 Diluted earnings per share ​ $ 1.66 ​ $ 1.32 Anti-dilutive stock options outstanding ​ 1 ​ —

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	12 Months Ended
	Dec. 31, 2022
ACCUMULATED OTHER COMPREHENSIVE INCOME
Components of Accumulated Other Comprehensive Income	The following tables show changes in accumulated other comprehensive income by component, net of tax, for the years ending December 31, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Gains on Cash Flow Hedges Unrealized Losses on Securities Total Beginning balance, December 31, 2021 ​ $ 427 ​ $ (3,792) ​ $ (3,365) Current period other comprehensive income (loss): ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) before reclassification ​ ​ 964 ​ ​ (40,485) ​ ​ (39,521) Amounts reclassified from accumulated other comprehensive income (loss) ​ ​ (1,180) ​ ​ 2,199 ​ ​ 1,019 Net current period other comprehensive loss ​ (216) ​ (38,286) ​ (38,502) Ending balance, December 31, 2022 ​ $ 211 ​ $ (42,078) ​ $ (41,867) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Gains and (Losses) on Cash Flow Hedges Unrealized Gains and (Losses) on Available for Sale Securities Total Beginning balance, December 31, 2020 ​ $ (45) ​ $ 3,563 ​ $ 3,518 Current period other comprehensive income (loss): ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) before reclassification ​ ​ 425 ​ ​ (7,338) ​ ​ (6,913) Amounts reclassified from accumulated other comprehensive income (loss) ​ ​ 47 ​ ​ (17) ​ ​ 30 Net current period other comprehensive income (loss) ​ 472 ​ (7,355) ​ (6,883) Ending balance, December 31, 2021 ​ $ 427 ​ $ (3,792) ​ $ (3,365) ​
Schedule of reclassification out of each component of accumulated other comprehensive income	The following table shows significant amounts reclassified out of each component of accumulated other comprehensive income for the year ending December 31, 2022: ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ Details About Accumulated Other Comprehensive Loss Components Amount Reclassified From Accumulated Other Comprehensive Loss ​ Affected Line Item in the Consolidated Statements of Income Unrealized gains and losses on securities ​ ​ ​ ​ ​ Realized losses on available for sale securities ​ $ 1,453 ​ (Gain) loss on sales and calls of securities Amortization of unrealized losses on held to maturity securities ​ ​ 1,342 ​ ​ Total before tax ​ ​ 2,795 ​ ​ Tax effect ​ ​ (596) ​ Income tax provision (benefit) Net of tax ​ ​ 2,199 ​ ​ Unrealized gains and losses on cash flow hedges ​ ​ ​ ​ ​ Realized gains on cash flow hedges ​ ​ (291) ​ Short-term borrowings and repurchase agreements Realized gains on swap termination ​ ​ (1,202) ​ Other non-interest income Total before tax ​ ​ (1,493) ​ ​ Tax effect ​ ​ 313 ​ Income tax provision (benefit) Net of tax ​ ​ (1,180) ​ ​ Total reclassifications for the period, net of tax ​ $ 1,019 ​ ​ ​ The following table shows significant amounts reclassified out of each component of accumulated other comprehensive loss for the year ending December 31, 2021: ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ Details About Accumulated Other Comprehensive Loss Components Amount Reclassified From Accumulated Other Comprehensive Loss ​ Affected Line Item in the Consolidated Statements of Income Unrealized gains and losses on securities ​ ​ ​ ​ ​ Realized gains on available for sale securities ​ $ (21) ​ (Gain) loss on sales and calls of securities Total before tax ​ ​ (21) ​ ​ Tax effect ​ ​ 4 ​ Income tax provision (benefit) Net of tax ​ ​ (17) ​ ​ Unrealized gains and losses on cash flow hedges ​ ​ ​ ​ ​ Realized losses on cash flow hedges ​ ​ 60 ​ Short-term borrowings and repurchase agreements Total before tax ​ ​ 60 ​ ​ Tax effect ​ ​ (13) ​ Income tax provision (benefit) Net of tax ​ ​ 47 ​ ​ Total reclassifications for the period, net of tax ​ $ 30 ​ ​

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	12 Months Ended
	Dec. 31, 2022
FAIR VALUE MEASUREMENT
Fair Value Measurements by Level of Valuation Inputs	The following tables summarize financial assets and financial liabilities measured at fair value as of December 31, 2022 and December 31, 2021, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant ​ ​ ​ (Dollars in thousands) ​ Active Markets ​ Other ​ Other ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ December 31, 2022 ​ Assets ​ Inputs ​ Inputs ​ Total Assets measured at fair value on a recurring basis: ​ ​ ​ ​ Debt securities available for sale: ​ ​ ​ ​ Obligations of U.S. Government agencies and corporations ​ $ — ​ $ 13,705 ​ $ — ​ $ 13,705 Obligations of state and political subdivisions ​ — ​ 7,679 ​ — ​ 7,679 Corporate debt securities ​ ​ — ​ ​ 8,196 ​ ​ 7,145 ​ ​ 15,341 Mortgage-backed securities ​ — ​ 36,811 ​ — ​ 36,811 Total debt securities available for sale ​ $ — ​ $ 66,391 ​ $ 7,145 ​ $ 73,536 Equity securities ​ $ 1,056 ​ $ — ​ $ — ​ $ 1,056 Mortgage servicing rights ​ $ — ​ $ — ​ $ 92 ​ $ 92 Interest rate swaps ​ $ — ​ $ 268 ​ $ — ​ $ 268 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant ​ ​ ​ (Dollars in thousands) ​ Active Markets ​ Other ​ Other ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ December 31, 2021 ​ Assets ​ Inputs ​ Inputs ​ Total Assets measured at fair value on a recurring basis: ​ ​ ​ ​ Debt securities available for sale: ​ ​ ​ ​ Obligations of U.S. Government agencies and corporations ​ $ — ​ $ 40,526 ​ $ — ​ $ 40,526 Obligations of state and political subdivisions ​ — ​ 9,220 ​ — ​ 9,220 Corporate debt securities ​ ​ — ​ ​ 30,476 ​ ​ 4,520 ​ ​ 34,996 Mortgage-backed securities ​ — ​ 250,682 ​ — ​ 250,682 Total debt securities available for sale ​ $ — ​ $ 330,904 ​ $ 4,520 ​ $ 335,424 Equity securities ​ $ 1,124 ​ $ — ​ $ — ​ $ 1,124 Mortgage servicing rights ​ $ — ​ $ — ​ $ 120 ​ $ 120 Interest rate swaps ​ $ — ​ $ 541 ​ $ — ​ $ 541 ​
Reconciliation of Investment Securities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs	The table below presents a reconciliation of the beginning and ending balances of investment securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2022 and 2021. ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended (Dollars in thousands) ​ December 31, ​ ​ 2022 ​ 2021 Investment Securities: ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 4,520 ​ $ 2,000 Total gains (loss) included in OCI ​ ​ (1,375) ​ ​ 20 Purchases ​ ​ 4,000 ​ ​ 2,500 Principal payments and other ​ ​ — ​ ​ — Sales ​ ​ — ​ ​ — Balance, end of period ​ $ 7,145 ​ $ 4,520 ​
Carrying Amounts and Estimated Fair Values of Financial Instruments	The carrying amounts and estimated fair values of the Company’s financial instruments are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial Instruments (Dollars in thousands) ​ December 31, 2022 ​ December 31, 2021 ​ Carrying Fair Carrying Fair ​ ​ Value ​ Value ​ Value ​ Value Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 10,856 ​ $ 10,856 ​ $ 12,928 ​ $ 12,928 Interest bearing deposits with banks ​ 143 ​ 143 ​ 598 ​ 598 Interest bearing time deposits with banks ​ — ​ — ​ 735 ​ 735 Debt securities available for sale ​ 73,536 ​ 73,536 ​ 336,548 ​ 336,548 Debt securities held to maturity ​ ​ 209,565 ​ ​ 209,887 ​ ​ — ​ ​ — Restricted investment in bank stock ​ ​ 3,666 ​ N/A ​ 2,116 ​ N/A Loans, net of allowance for loan losses ​ 480,485 ​ 467,667 ​ 414,795 ​ 414,984 Interest rate swaps ​ ​ 268 ​ ​ 268 ​ ​ 541 ​ ​ 541 Accrued interest receivable ​ 2,124 ​ 2,124 ​ 1,814 ​ 1,814 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ Non-interest bearing deposits ​ $ 199,131 ​ $ 199,131 ​ $ 182,022 ​ $ 182,022 Interest bearing deposits ​ 512,381 ​ 508,753 ​ 526,425 ​ 528,952 Securities sold under agreements to repurchase ​ 7,585 ​ N/A ​ 4,227 ​ N/A Short-term borrowings ​ 48,125 ​ 48,122 ​ — ​ — Long-term debt ​ 20,000 ​ 19,156 ​ 20,000 ​ 20,520 Other interest bearing liabilities ​ 1,011 ​ 1,009 ​ 1,568 ​ 1,568 Accrued interest payable ​ 333 ​ 333 ​ 252 ​ 252 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Off-balance sheet financial instruments: ​ ​ ​ ​ Commitments to extend credit ​ $ — ​ $ — ​ $ — ​ $ — Letters of credit ​ — ​ — ​ — ​ — ​
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following tables present the carrying amount, fair value and placement in the fair value hierarchy of the Company’s financial instruments not previously disclosed as of December 31, 2022 and December 31, 2021. These tables exclude financial instruments for which the carrying amount approximates fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Other ​ Other ​ ​ Carrying ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ Amount ​ Fair Value ​ Assets or Liabilities ​ Inputs ​ Inputs December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial instruments - Assets ​ ​ ​ ​ ​ Debt securities held to maturity ​ $ 209,565 ​ $ 209,887 ​ $ — ​ $ 209,887 ​ $ — Loans, net of allowance for loan losses ​ ​ 480,485 ​ ​ 467,667 ​ ​ — ​ ​ — ​ ​ 467,667 Financial instruments - Liabilities ​ ​ ​ ​ ​ ​ ​ ​ Interest bearing deposits ​ $ 512,381 ​ $ 508,753 ​ $ — ​ $ 508,753 ​ $ — Long-term debt ​ 20,000 ​ 19,156 ​ — ​ 19,156 ​ — Other interest bearing liabilities ​ 1,011 ​ 1,009 ​ — ​ 1,009 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) ​ (Level 2) ​ (Level 3) ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Other ​ Other ​ ​ Carrying ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Amount Fair Value Assets or Liabilities Inputs Inputs December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial instruments - Assets ​ ​ ​ ​ ​ Interest bearing time deposits with banks ​ $ 735 ​ $ 735 ​ $ — ​ $ 735 ​ $ — Loans, net of allowance for loan losses ​ 414,795 ​ 414,984 ​ — ​ — ​ 414,984 Financial instruments - Liabilities ​ ​ ​ ​ ​ ​ ​ ​ Interest bearing deposits ​ $ 526,425 ​ $ 528,952 ​ $ — ​ $ 528,952 ​ $ — Long-term debt ​ 20,000 ​ 20,520 ​ — ​ 20,520 ​ — Other interest bearing liabilities ​ 1,568 ​ 1,568 ​ — ​ 1,568 ​ —

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2022
EMPLOYEE BENEFIT PLANS
Compensation Expense and Related Tax Benefits for Restricted Stock	The following table presents compensation expense and related tax benefits for restricted stock awards recognized on the consolidated statement of income. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ 2022 2021 Compensation expense ​ $ 176 ​ $ 158 Tax benefit ​ (37) ​ (33) Net income effect ​ $ 139 ​ $ 125 ​
Summary of Non-Vested Restricted Shares Activity	The following table presents a summary of non-vested restricted shares activity for 2022. ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Grant Date ​ ​ Shares ​ Fair Value Non-vested at January 1, 2022 22,789 ​ $ 18.48 Vested (11,475) ​ 18.72 Forfeited ​ (825) ​ ​ 17.32 Granted 10,486 ​ 15.90 Non-vested at December 31, 2022 20,975 ​ $ 17.10 ​
Schedule of Stock Options Activity	A summary of the status of the outstanding stock options as of December 31, 2022 and 2021, and changes during the years ending on those dates is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2022 ​ 2021 ​ ​ Weighted ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ Average ​ ​ ​ ​ Exercise ​ ​ ​ Exercise ​ ​ Shares ​ Price ​ Shares ​ Price Outstanding at beginning of year 71,947 ​ $ 17.78 81,547 ​ $ 17.78 Granted — ​ — — ​ — Exercised — ​ — — ​ — Expired (11,600) ​ 18.00 (9,600) ​ 17.75 Outstanding at end of year 60,347 ​ $ 17.74 71,947 ​ $ 17.78 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Options exercisable at year-end 60,347 ​ 71,947 ​ Weighted-average fair value of options granted during the year ​ $ — ​ $ — Intrinsic value of options exercised during the year ​ $ — ​ $ — Intrinsic value of options cancelled during the year ​ $ — ​ Intrinsic value of options outstanding and exercisable at December 31, 2022 ​ $ — ​ ​

FINANCIAL INSTRUMENTS WITH OF_2

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)	12 Months Ended
	Dec. 31, 2022
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK
Summary of Financial Instrument Commitments	A summary of the Company’s financial instrument commitments is as follows: ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, ​ 2022 2021 Commitments to grant loans ​ $ 103,848 ​ $ 94,349 Unfunded commitments under lines of credit ​ 12,203 ​ 12,714 Outstanding letters of credit ​ 2,609 ​ 5,724 ​

DERIVATIVES (Tables)

DERIVATIVES (Tables)	12 Months Ended
	Dec. 31, 2022
DERIVATIVES
Schedule of Derivatives Recorded on the Consolidated Statements of Condition	The Company presents derivative positions gross on the balance sheet. The following table reflects the derivatives recorded on the Consolidated Statements of Condition as of December 31, 2022 and 2021. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2022 ​ December 31, 2021 ​ ​ Fair ​ Fair ​ ​ ​ ​ Value ​ ​ ​ Value ​ ​ Notional ​ Asset ​ Notional ​ Asset Derivatives designated as hedges: ​ Amount ​ (Liability) ​ Amount ​ (Liability) Interest rate swap - pay fixed / receive floating on 3-month brokered deposit ​ $ — ​ $ — ​ $ 20,000 ​ $ 52 Interest rate swap - pay fixed / receive floating on 3-month FHLB advance ​ ​ 20,000 ​ ​ 268 ​ ​ — ​ ​ — Interest rate swaps - forward-starting on long-term FHLB advances ​ ​ — ​ ​ — ​ ​ 20,000 ​ ​ 489 ​
Schedule of Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income	​ The effect of cash flow hedge accounting, before income taxes, on accumulated other comprehensive income for the period ended December 31, 2022 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2022 ​ Amount of Gain Location of (Gain) Amount of (Gain) ​ ​ (Loss) Recognized in ​ Loss Reclassified ​ Loss Reclassified ​ ​ OCI on Derivatives ​ from OCI into Income ​ from OCI into Income Interest rate contract ​ $ 18 ​ Interest expense on short-term borrowings and repurchase agreements ​ $ (291) Swap termination gain ​ ​ 1,202 ​ Other non-interest income ​ ​ (1,202) Total ​ $ 1,220 ​ ​ ​ ​ $ (1,493) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2021 ​ Amount of Gain Location of (Gain) Amount of (Gain) ​ ​ (Loss) Recognized in ​ Loss Reclassified ​ Loss Reclassified ​ ​ OCI on Derivatives ​ from OCI into Income ​ from OCI into Income Interest rate contracts ​ $ 538 ​ Interest expense on short-term borrowings and repurchase agreements ​ $ 60 Total ​ $ 538 ​ ​ ​ ​ $ 60 ​
Schedule of Effect of Cash Flow Hedge Accounting on the Consolidated Statements of Income	The effect of cash flow hedge accounting on the Consolidated Statements of Income for the years ended December 31, 2022 and 2021 were as follows: ​ Location and Amount of Gain or Loss Recognized in Income on Fair Value and Cash Flow Hedging Relationships ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (Expense) ​ ​ Year Ended (Dollars in thousands) ​ December 31, ​ ​ 2022 ​ 2021 Effects of cash flow hedging: ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedging relationships: ​ ​ ​ ​ ​ ​ Amount reclassified from AOCI into income ​ $ 291 ​ $ (60) Amount reclassified from AOCI into income for swap termination ​ ​ 1,202 ​ ​ — Total ​ $ 1,493 ​ $ (60)

JUNIATA VALLEY FINANCIAL CORP_2

JUNIATA VALLEY FINANCIAL CORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
JUNIATA VALLEY FINANCIAL CORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION
Condensed Balance Sheets	CONDENSED BALANCE SHEETS (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2022 2021 ASSETS ​ ​ ​ ​ Cash and cash equivalents ​ $ 59 ​ $ 85 Investment in bank subsidiary ​ 35,961 ​ 70,265 Equity securities ​ ​ 872 ​ ​ 914 Other assets ​ 85 ​ 38 TOTAL ASSETS ​ $ 36,977 ​ $ 71,302 ​ ​ ​ ​ ​ ​ ​ LIABILITIES ​ ​ Accounts payable and other liabilities ​ $ 28 ​ $ 12 ​ ​ ​ ​ ​ ​ ​ STOCKHOLDERS’ EQUITY ​ 36,949 ​ 71,290 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY ​ $ 36,977 ​ $ 71,302 ​
Condensed Statements of Income and Comprehensive Income	CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE LOSS (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2022 2021 INCOME ​ ​ ​ ​ Interest and dividends on investment securities available for sale ​ $ 43 ​ $ 43 Dividends from bank subsidiary ​ 4,401 ​ 5,074 Change in value of equity securities ​ (42) ​ 97 TOTAL INCOME ​ 4,402 ​ 5,214 EXPENSE ​ ​ Other non-interest expense ​ 138 ​ 184 TOTAL EXPENSE ​ 138 ​ 184 INCOME BEFORE INCOME TAXES AND EQUITY ​ ​ IN UNDISTRIBUTED NET INCOME OF SUBSIDIARY ​ 4,264 ​ 5,030 Income tax benefit ​ (34) ​ (25) ​ ​ 4,298 ​ 5,055 Undistributed net income of subsidiary ​ 4,022 ​ 1,549 NET INCOME ​ ​ 8,320 ​ ​ 6,604 OTHER COMPREHENSIVE LOSS ​ ​ (38,502) ​ ​ (6,883) TOTAL COMPREHENSIVE LOSS ​ $ (30,182) ​ $ (279) ​
Condensed Statements of Cash Flows	CONDENSED STATEMENTS OF CASH FLOWS (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2022 2021 Cash flows from operating activities: ​ ​ ​ ​ ​ ​ Net income ​ $ 8,320 ​ $ 6,604 Adjustments to reconcile net income to net cash provided by operating activities: ​ ​ Undistributed net income of subsidiary ​ (4,022) ​ (1,549) Change in value of equity securities ​ 42 ​ (97) (Increase) decrease in other assets ​ (47) ​ 39 Increase in other liabilities ​ 16 ​ 11 Net cash provided by operating activities ​ 4,309 ​ 5,008 ​ ​ ​ ​ ​ ​ ​ Cash flows from investing activities: ​ ​ Proceeds from the maturity of available for sale investment securities ​ — ​ 118 Net cash provided by investing activities ​ — ​ 118 ​ ​ ​ ​ ​ ​ ​ Cash flows from financing activities: ​ ​ Cash dividends ​ (4,401) ​ (4,402) Purchase of treasury stock ​ (3) ​ (861) Treasury stock issued for stock plans ​ 69 ​ 77 Net cash used in financing activities ​ (4,335) ​ (5,186) Net decrease in cash and cash equivalents ​ (26) ​ (60) Cash and cash equivalents at beginning of year ​ 85 ​ 145 Cash and cash equivalents at end of year ​ $ 59 ​ $ 85

NATURE OF OPERATIONS (Details)

NATURE OF OPERATIONS (Details)	12 Months Ended
	Dec. 31, 2022 location Office segment
NATURE OF OPERATIONS
Number of branches | location	15
Number of offices maintained | Office	4
Number of reportable segment | segment	1

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Summary of Significant Accounting Policies [Line Items]
Concentration of credit, benchmark description	There were no other concentrations of credit to any industry equaling more than 15% of total capital.
Maturity of interest-bearing time deposits	5 years
Net unamortized origination costs	$ 47,000	$ 489,000
Usual period of lines of credit for commercial, financial and agricultural lending	5 years
Restricted stock investments with the FHLB	$ 3,600,000	2,100,000
Restricted stock investments with the ACBB	80,000	80,000
Other real estate owned	0	87,000
Goodwill impairment loss	0	0
Mortgage servicing rights	92,000	120,000
Investment in low-income housing limited partnership	1,500,000	2,300,000
Accrued benefit liability	1,100,000	1,200,000
Other postretirement benefit	120,000	52,000
Advertising expense	260,000	228,000
Shareholder Service [Member]
Summary of Significant Accounting Policies [Line Items]
Trust and Estate fees recognized	$ 63,000	80,000
Leasehold Improvements [Member]
Summary of Significant Accounting Policies [Line Items]
Estimated useful life of property and equipment, description	shorter of the assets’ useful life or the related lease term
Construction Loan [Member] | Credit Exposure [Member] | Credit Concentration Risk [Member]
Summary of Significant Accounting Policies [Line Items]
Percentage of capital representing credit exposure to lessors	33%
Residential Portfolio Segment [Member] | Credit Exposure [Member] | Credit Concentration Risk [Member]
Summary of Significant Accounting Policies [Line Items]
Percentage of capital representing credit exposure to lessors	70%
Real Estate Portfolio Segment [Member] | Credit Exposure [Member] | Credit Concentration Risk [Member]
Summary of Significant Accounting Policies [Line Items]
Percentage of capital representing credit exposure to lessors	21%
Real Estate Portfolio Segment [Member] | Commercial Loan [Member]
Summary of Significant Accounting Policies [Line Items]
Loan period for lending, maximum	20 years
Maximum loan-to-value ratio	80%
Real Estate Portfolio Segment [Member] | Home Equity Lines of Credit [Member]
Summary of Significant Accounting Policies [Line Items]
Loan period for lending, maximum	20 years
Maximum loan-to-value ratio	90%
Real Estate Portfolio Segment [Member] | Home Equity Installments [Member]
Summary of Significant Accounting Policies [Line Items]
Loan period for lending, maximum	15 years
Maximum loan-to-value ratio	80%
Commercial Portfolio Segment [Member] | Credit Exposure [Member] | Credit Concentration Risk [Member]
Summary of Significant Accounting Policies [Line Items]
Percentage of capital representing credit exposure to lessors	36%
Consumer Portfolio Segment [Member] | Mortgage Loan [Member]
Summary of Significant Accounting Policies [Line Items]
Loan period for lending, maximum	25 years
Maximum loan-to-value ratio	80%
Loan balance in the process of foreclosure	$ 123,000	$ 85,000
Non-Residential Portfolio [Member] | Credit Exposure [Member] | Credit Concentration Risk [Member]
Summary of Significant Accounting Policies [Line Items]
Percentage of capital representing credit exposure to lessors	56%
Maximum [Member] | Furniture and Equipment [Member]
Summary of Significant Accounting Policies [Line Items]
Estimated useful life of property and equipment	10 years
Maximum [Member] | Building [Member]
Summary of Significant Accounting Policies [Line Items]
Estimated useful life of property and equipment	40 years
Minimum [Member] | Furniture and Equipment [Member]
Summary of Significant Accounting Policies [Line Items]
Estimated useful life of property and equipment	3 years
Minimum [Member] | Building [Member]
Summary of Significant Accounting Policies [Line Items]
Estimated useful life of property and equipment	25 years

RECENT ACCOUNTING STANDARDS U_3

RECENT ACCOUNTING STANDARDS UPDATE ("ASU") (Details) - Forecast $ in Millions	Jan. 01, 2023 USD ($)
Minimum [Member]
Increase in allowance for credit loss on financial investments	$ 1
Maximum [Member]
Increase in allowance for credit loss on financial investments	$ 1.2

SECURITIES (Details)

SECURITIES (Details)		12 Months Ended
	Oct. 01, 2022 USD ($)	Dec. 31, 2022 USD ($) security	Dec. 31, 2021 USD ($) security
Sales of debt securities available for sale		$ 23,271,000	$ 42,997,000
Redemption of equity securities		0	118,000
Debt securities available for sale		73,536,000	335,424,000
Held-to-maturity securities		209,565,000	0
Transfer of securities from available for sale to held to maturity		212,340,000	0
Unrealized Loss	$ 46,800,000
Transfer from available for sale	0
Equity securities		$ 1,056,000	$ 1,124,000
Securities in unrealized loss position | security		57	62
Securities in unrealized loss position		26
Realized gain (loss) on equity securities		$ (68,000)	$ 151,000
Income tax expense (benefit) relating to net realized gains and losses		$ 305,000	(4,000)
Obligations of U.S. Government Agencies and Corporations [Member]
Investment portfolio percentage		15%
Debt securities available for sale		$ 13,705,000	40,526,000
Transfer of securities from available for sale to held to maturity	28,400,000
Carrying value of pledged assets		$ 102,300,000	$ 82,700,000
Securities in unrealized loss position | security		3	8
Securities in unrealized loss position | security		4
Obligations of State and Political Subdivisions [Member]
Investment portfolio percentage		3%
Debt securities available for sale		$ 7,679,000	$ 9,220,000
Debt Securities Maturity Term		5 years
Securities in unrealized loss position | security		11	7
Corporate Debt Securities [Member]
Investment portfolio percentage		5%
Debt securities available for sale		$ 15,341,000	$ 34,996,000
Securities in unrealized loss position | security		9	6
Debt security		$ 24,700,000
Realized gain (loss) on debt securities		$ 1,500,000
Mortgage-Backed Securities [Member]
Investment portfolio percentage		77%
Transfer of securities from available for sale to held to maturity	$ 183,900,000
Securities in unrealized loss position | security		34	41
Securities in unrealized loss position | security		55
Federal Farm Credit Bank [Member]
Debt securities available for sale			$ 12,400,000
Held-to-maturity securities		$ 10,900,000
Pennsylvania Housing Finance [Member]
Debt securities available for sale		$ 6,100,000	$ 7,500,000

SECURITIES (Debt Securities Ava

SECURITIES (Debt Securities Available for Sale) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost of AFS Securities, Total	$ 81,336	$ 340,225
Fair Value of AFS Securities, Total	73,536	335,424
Gross Unrealized Gains on AFS Securities, Total	0	1,746
Gross Unrealized Losses on AFS Securities, Total	(7,800)	(6,547)
Obligations of U.S. Government Agencies and Corporations [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost of AFS Securities Maturing After One Year But Within Five Years	15,500	6,000
Amortized Cost of AFS Securities Maturing After Five Years But Within Ten Years		35,881
Amortized Cost of AFS Securities, Total	15,500	41,881
Fair Value of AFS Securities Maturing After One Year But Within Five Years	13,705	5,807
Fair Value of AFS Securities Maturing After Five Years But Within Ten Years		34,719
Fair Value of AFS Securities, Total	13,705	40,526
Gross Unrealized Gains on AFS Securities Maturing After One Year But Within Five Years	0	0
Gross Unrealized Gains on AFS Securities Maturing After Five Years But Within ten Years		0
Gross Unrealized Gains on AFS Securities, Total	0	0
Gross Unrealized Losses on AFS Securities Maturing After One Year But Within Five Years	(1,795)	(193)
Gross Unrealized Losses on AFS Securities Maturing After Five Years But Within Ten Years		(1,162)
Gross Unrealized Losses on AFS Securities, Total	(1,795)	(1,355)
Obligations of State and Political Subdivisions [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost of AFS Securities Maturing After One Year But Within Five Years	4,076	3,810
Amortized Cost of AFS Securities Maturing After Five Years But Within Ten Years	4,608	1,246
Amortized Cost of AFS Securities Maturing After Ten Years		4,118
Amortized Cost of AFS Securities, Total	8,684	9,174
Fair Value of AFS Securities Maturing After One Year But Within Five Years	3,924	3,937
Fair Value of AFS Securities Maturing After Five Years But Within Ten Years	3,755	1,221
Fair Value of AFS Securities Maturing After Ten Years		4,062
Fair Value of AFS Securities, Total	7,679	9,220
Gross Unrealized Gains on AFS Securities Maturing After One Year But Within Five Years	0	129
Gross Unrealized Gains on AFS Securities Maturing After Five Years But Within ten Years	0	0
Gross Unrealized Gains on AFS Securities Maturing After ten Years		0
Gross Unrealized Gains on AFS Securities, Total	0	129
Gross Unrealized Losses on AFS Securities Maturing After One Year But Within Five Years	(152)	(2)
Gross Unrealized Losses on AFS Securities Maturing After Five Years But Within Ten Years	(853)	(25)
Gross Unrealized Losses on AFS Securities Maturing After Ten Years		(56)
Gross Unrealized Losses on AFS Securities, Total	(1,005)	(83)
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost of AFS Securities Maturing After One Year But Within Five Years	4,673	2,000
Amortized Cost of AFS Securities Maturing After Five Years But Within Ten Years	13,000	32,408
Amortized Cost of AFS Securities, Total	17,673	34,408
Fair Value of AFS Securities Maturing After One Year But Within Five Years	4,190	1,972
Fair Value of AFS Securities Maturing After Five Years But Within Ten Years	11,151	33,024
Fair Value of AFS Securities, Total	15,341	34,996
Gross Unrealized Gains on AFS Securities Maturing After One Year But Within Five Years	0	0
Gross Unrealized Gains on AFS Securities Maturing After Five Years But Within ten Years	0	805
Gross Unrealized Gains on AFS Securities, Total	0	805
Gross Unrealized Losses on AFS Securities Maturing After One Year But Within Five Years	(483)	(28)
Gross Unrealized Losses on AFS Securities Maturing After Five Years But Within Ten Years	(1,849)	(189)
Gross Unrealized Losses on AFS Securities, Total	(2,332)	(217)
Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost of AFS Securities Without Single Maturity Date	39,479	254,762
Fair Value of AFS Securities Without Single Maturity Date	36,811	250,682
Gross Unrealized Gains on AFS Securities Without Single Maturity Date	0	812
Gross Unrealized Losses on AFS Securities Without Single Maturity Date	$ (2,668)	$ (4,892)

SECURITIES (Held to Maturity) (

SECURITIES (Held to Maturity) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of Held-to-Maturity Securities [Line Items]
Amortized Cost of HTM Securities, Total	$ 209,565
Fair Value of HTM Securities, Total	209,887	$ 0
Gross Unrealized Gains on HTM Securities, Total	1,766
Gross Unrealized Losses on HTM Securities, Total	(1,444)
Obligations of U.S. Government Agencies and Corporations [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Amortized Cost of HTM Securities Maturing After One Year But Within Five Years	13,039
Amortized Cost of HTM Securities Maturing After Five Years But Within Ten Years	15,561
Amortized Cost of HTM Securities, Total	28,600
Fair Value of HTM Securities Maturing After One Year But Within Five Years	13,067
Fair Value of HTM Securities Maturing After Five Years But Within Ten Years	15,605
Fair Value of HTM Securities, Total	28,672
Gross Unrealized Gains on HTM Securities Maturing After one year but within five years	28
Gross Unrealized Gains on HTM Securities Maturing After five years but within ten years	56
Gross Unrealized Gains on HTM Securities, Total	84
Gross Unrealized Losses on HTM Securities Maturing After one year but within five years	0
Gross Unrealized Losses on HTM Securities Maturing After five years but within ten years	(12)
Gross Unrealized Losses on HTM Securities, Total	(12)
Mortgage-Backed Securities [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Amortized Cost of HTM Securities Without Single Maturity Date	180,965
Fair Value of HTM Securities Without Single Maturity Date	181,215
Gross Unrealized Gains on HTM Securities Without Single Maturity Date	1,682
Gross Unrealized Losses on HTM Securities Without Single Maturity Date	$ (1,432)

SECURITIES (Summary of Proceeds

SECURITIES (Summary of Proceeds Received from Sales or Calls of Available for Sale Securities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
SECURITIES
Gross proceeds from sales and calls of securities	$ 23,271	$ 43,115
Gross realized gains from sold and called securities	25	175
Gross realized losses from sold and called securities	(1,478)	(154)
Net gains (losses) from sales and calls of securities	$ (1,453)	$ 21

SECURITIES (Schedule of Unreali

SECURITIES (Schedule of Unrealized Losses) (Details) $ in Thousands	Dec. 31, 2022 USD ($) security	Dec. 31, 2021 USD ($) security
Schedule of Available-for-sale Securities [Line Items]
Number of Securities, Less Than 12 Months | security	43	54
Fair Value, Less Than 12 Months	$ 51,561	$ 220,383
Unrealized Losses, Less Than 12 Months	$ (4,363)	$ (4,556)
Number of Securities, 12 Months or More | security	14	8
Fair Value, 12 Months or More	$ 21,975	$ 44,839
Unrealized Losses, 12 Months or More	$ (3,437)	$ (1,991)
Number of Securities, Total | security	57	62
Fair Value, Total	$ 73,536	$ 265,222
Unrealized Losses, Total	$ (7,800)	$ (6,547)
Number of Securities, Less Than 12 Months. | security	10
Fair Value, Less Than 12 Months	$ 25,106
Unrealized Losses, Less Than 12 Months	$ (404)
Number of Securities, 12 Months or More | security	12
Fair Value, 12 Months or More	$ 48,788
Unrealized Losses, 12 Months or More	$ (1,040)
Number of Securities, Total | security	22
Fair Value, Total	$ 73,894
Unrealized Losses, Total	$ (1,444)
Number of Securities, Less Than 12 Months. | security	53
Fair Value, Less Than 12 Months	$ 76,667
Unrealized Losses, Less Than 12 Months	$ (4,767)
Number of Securities, 12 Months or More | security	26
Fair Value, 12 Months or More	$ 70,763
Unrealized Losses, 12 Months or More	$ (4,477)
Number of Securities, Total | security	79
Fair Value, Total	$ 147,430
Unrealized Losses, Total	$ (9,244)
Obligations of U.S. Government Agencies and Corporations [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of Securities, Less Than 12 Months | security	1	5
Fair Value, Less Than 12 Months	$ 2,456	$ 22,130
Unrealized Losses, Less Than 12 Months	$ (44)	$ (752)
Number of Securities, 12 Months or More | security	2	3
Fair Value, 12 Months or More	$ 11,248	$ 18,396
Unrealized Losses, 12 Months or More	$ (1,751)	$ (603)
Number of Securities, Total | security	3	8
Fair Value, Total	$ 13,704	$ 40,526
Unrealized Losses, Total	$ (1,795)	$ (1,355)
Number of Securities, Less Than 12 Months. | security	1
Fair Value, Less Than 12 Months	$ 3,463
Unrealized Losses, Less Than 12 Months	$ (12)
Number of Securities, 12 Months or More | security	0
Fair Value, 12 Months or More	$ 0
Number of Securities, Total | security	1
Fair Value, Total	$ 3,463
Unrealized Losses, Total	$ (12)
Obligations of State and Political Subdivisions [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of Securities, Less Than 12 Months | security	4	7
Fair Value, Less Than 12 Months	$ 2,781	$ 5,781
Unrealized Losses, Less Than 12 Months	$ (20)	$ (83)
Number of Securities, 12 Months or More | security	7	0
Fair Value, 12 Months or More	$ 4,898	$ 0
Unrealized Losses, 12 Months or More	$ (985)	$ 0
Number of Securities, Total | security	11	7
Fair Value, Total	$ 7,679	$ 5,781
Unrealized Losses, Total	$ (1,005)	$ (83)
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of Securities, Less Than 12 Months | security	5	6
Fair Value, Less Than 12 Months	$ 9,831	$ 10,144
Unrealized Losses, Less Than 12 Months	$ (1,669)	$ (217)
Number of Securities, 12 Months or More | security	4	0
Fair Value, 12 Months or More	$ 5,510	$ 0
Unrealized Losses, 12 Months or More	$ (663)	$ 0
Number of Securities, Total | security	9	6
Fair Value, Total	$ 15,341	$ 10,144
Unrealized Losses, Total	$ (2,332)	$ (217)
Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of Securities, Less Than 12 Months | security	33	36
Fair Value, Less Than 12 Months	$ 36,493	$ 182,328
Unrealized Losses, Less Than 12 Months	$ (2,630)	$ (3,504)
Number of Securities, 12 Months or More | security	1	5
Fair Value, 12 Months or More	$ 319	$ 26,443
Unrealized Losses, 12 Months or More	$ (38)	$ (1,388)
Number of Securities, Total | security	34	41
Fair Value, Total	$ 36,812	$ 208,771
Unrealized Losses, Total	$ (2,668)	$ (4,892)
Number of Securities, Less Than 12 Months. | security	9
Fair Value, Less Than 12 Months	$ 21,643
Unrealized Losses, Less Than 12 Months	$ (392)
Number of Securities, 12 Months or More | security	12
Fair Value, 12 Months or More	$ 48,788
Unrealized Losses, 12 Months or More	$ (1,040)
Number of Securities, Total | security	21
Fair Value, Total	$ 70,431
Unrealized Losses, Total	$ (1,432)

LOANS AND RELATED ALLOWANCE F_3

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan
Financing Receivable, Allowance for Credit Losses [Line Items]
Interest income on nonaccrual loans	$ 49,000	$ 49,000
Reserves relating to TDR	$ 0	$ 0
Number of default TDR | loan	0	0
Modified trouble debt, number of contracts | loan	0
Restructured loan balance in default status	$ 0	$ 0
Credit quality indicators information	This analysis includes loans to commercial customers with an aggregate loan exposure greater than $500,000 and for lines of credit in excess of $50,000
Aggregate amount of demand deposits reclassified as loan balances	$ 46,000	31,000
Amount of payoff of a special mention loan	2,900,000
Amount of payoff of a special mention loan	$ 3,100,000
Number of Loans Upgraded to Pass | loan	2
substandard loan	$ 3,100,000
Consumer Portfolio Segment [Member] | Mortgage Loan [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Maximum loan-to-value ratio	80%
Loan balance in the process of foreclosure	$ 123,000	$ 85,000

LOANS AND RELATED ALLOWANCE F_4

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Loan Portfolio by Class) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 484,512	$ 418,303
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	61,458	62,639
Commercial Loan [Member] | Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	199,206	159,806
Construction Loan [Member] | Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	50,748	43,281
Mortgage Loan [Member] | Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	150,290	131,754
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	18,770	16,323
Personal Loan [Member] | Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 4,040	$ 4,500

LOANS AND RELATED ALLOWANCE F_5

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Activity in the Allowance for Loan Losses by Loan Class) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	$ 3,508,000	$ 4,094,000
Provision for loan losses	455,000	(769,000)
Charge-offs	(36,000)	(17,000)
Recoveries	100,000	200,000
Ending balance	4,027,000	3,508,000
Loans allocated by: individually evaluated for impairment	2,402,000	5,699,000
Loans allocated by: collectively evaluated for impairment	481,357,000	411,766,000
Financing receivable - Loans allocated	484,512,000	418,303,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	2,000
Allowance for loan losses allocated by: collectively evaluated for impairment	4,027,000	3,506,000
Financing receivable - Allowance for loan losses	4,027,000	3,508,000
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	251,000	302,000
Provision for loan losses	44,000	(58,000)
Charge-offs	0	0
Recoveries	2,000	7,000
Ending balance	297,000	251,000
Loans allocated by: individually evaluated for impairment	0	0
Loans allocated by: collectively evaluated for impairment	61,458,000	62,639,000
Financing receivable - Loans allocated	61,458,000	62,639,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Allowance for loan losses allocated by: collectively evaluated for impairment	297,000	251,000
Financing receivable - Allowance for loan losses	297,000	251,000
Commercial Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	1,020,000	908,000
Provision for loan losses	90,000	76,000
Charge-offs	0	0
Recoveries	0	36,000
Ending balance	1,110,000	1,020,000
Loans allocated by: individually evaluated for impairment	2,025,000	5,262,000
Loans allocated by: collectively evaluated for impairment	196,847,000	154,187,000
Financing receivable - Loans allocated	199,206,000	159,806,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Allowance for loan losses allocated by: collectively evaluated for impairment	1,110,000	1,020,000
Financing receivable - Allowance for loan losses	1,110,000	1,020,000
Construction Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	884,000	1,586,000
Provision for loan losses	262,000	(788,000)
Charge-offs	0	0
Recoveries	0	86,000
Ending balance	1,146,000	884,000
Loans allocated by: individually evaluated for impairment	0	0
Loans allocated by: collectively evaluated for impairment	50,748,000	43,281,000
Financing receivable - Loans allocated	50,748,000	43,281,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Allowance for loan losses allocated by: collectively evaluated for impairment	1,146,000	884,000
Financing receivable - Allowance for loan losses	1,146,000	884,000
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	45,000	28,000
Provision for loan losses	9,000	17,000
Charge-offs	0	0
Recoveries	0	0
Ending balance	54,000	45,000
Loans allocated by: individually evaluated for impairment	0	0
Loans allocated by: collectively evaluated for impairment	18,770,000	16,323,000
Financing receivable - Loans allocated	18,770,000	16,323,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Allowance for loan losses allocated by: collectively evaluated for impairment	54,000	45,000
Financing receivable - Allowance for loan losses	54,000	45,000
Mortgage Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	1,269,000	1,200,000
Provision for loan losses	45,000	8,000
Charge-offs	(23,000)	0
Recoveries	94,000	61,000
Ending balance	1,385,000	1,269,000
Loans allocated by: individually evaluated for impairment	377,000	437,000
Loans allocated by: collectively evaluated for impairment	149,494,000	130,836,000
Financing receivable - Loans allocated	150,290,000	131,754,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	2,000
Allowance for loan losses allocated by: collectively evaluated for impairment	1,385,000	1,267,000
Financing receivable - Allowance for loan losses	1,385,000	1,269,000
Personal Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	39,000	70,000
Provision for loan losses	5,000	(24,000)
Charge-offs	(13,000)	(17,000)
Recoveries	4,000	10,000
Ending balance	35,000	39,000
Loans allocated by: individually evaluated for impairment	0	0
Loans allocated by: collectively evaluated for impairment	4,040,000	4,500,000
Financing receivable - Loans allocated	4,040,000	4,500,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Allowance for loan losses allocated by: collectively evaluated for impairment	35,000	39,000
Financing receivable - Allowance for loan losses	35,000	39,000
Acquired with Credit Deterioration [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans allocated by: individually evaluated for impairment	753,000	838,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Acquired with Credit Deterioration [Member] | Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans allocated by: individually evaluated for impairment	0	0
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Acquired with Credit Deterioration [Member] | Commercial Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans allocated by: individually evaluated for impairment	334,000	357,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Acquired with Credit Deterioration [Member] | Construction Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans allocated by: individually evaluated for impairment	0	0
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Acquired with Credit Deterioration [Member] | Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans allocated by: individually evaluated for impairment	0	0
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Acquired with Credit Deterioration [Member] | Mortgage Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans allocated by: individually evaluated for impairment	419,000	481,000
Allowance for loan losses allocated by: individually evaluated for impairment	0	0
Acquired with Credit Deterioration [Member] | Personal Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans allocated by: individually evaluated for impairment	0	0
Allowance for loan losses allocated by: individually evaluated for impairment	$ 0	0
Accruing Troubled Debt Restructurings [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Charge-offs		0
Financing receivable - Allowance for loan losses		$ 0

LOANS AND RELATED ALLOWANCE F_6

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Impaired Loans by Loan Portfolio Class) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
Impaired Loans: Related Allowance		$ 2
Recorded Investment, Total	$ 3,155	6,537
Unpaid Principal Balance, Total	4,442	8,517
Commercial Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans with No Allowance: Recorded Investment	2,025	5,262
Impaired Loans with No Allowance: Unpaid Principal Balance	2,471	5,720
Impaired Loans: Related Allowance	0	0
Recorded Investment, Total	2,025	5,262
Unpaid Principal Balance, Total	2,471	5,720
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans with No Allowance: Recorded Investment	334	357
Impaired Loans with No Allowance: Unpaid Principal Balance	344	366
Impaired Loans: Related Allowance	0	0
Recorded Investment, Total	334	357
Unpaid Principal Balance, Total	344	366
Construction Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans with No Allowance: Recorded Investment	0	0
Impaired Loans with No Allowance: Unpaid Principal Balance	0	649
Impaired Loans: Related Allowance	0	0
Recorded Investment, Total	0	0
Unpaid Principal Balance, Total	0	649
Mortgage Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans with No Allowance: Recorded Investment	377	368
Impaired Loans with No Allowance: Unpaid Principal Balance	993	1,054
Impaired Loans with an Allowance: Recorded Investment	0	69
Impaired Loans with an Allowance: Unpaid Principal Balance	0	68
Impaired Loans: Related Allowance	0	2
Recorded Investment, Total	377	437
Unpaid Principal Balance, Total	993	1,122
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans with No Allowance: Recorded Investment	419	481
Impaired Loans with No Allowance: Unpaid Principal Balance	634	660
Impaired Loans: Related Allowance	0	0
Recorded Investment, Total	419	481
Unpaid Principal Balance, Total	$ 634	$ 660

LOANS AND RELATED ALLOWANCE F_7

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Impaired Loans and Related Interest Income by Loan Portfolio Class) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, Total	$ 4,841	$ 5,872
Interest Income Recognized, Total	200	176
Cash Basis Interest Income, Total	39	30
Commercial Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans with No Allowance, Average Recorded Investment	3,650	4,346
Impaired Loans with No Allowance, Interest Income Recognized	190	166
Impaired Loans with No Allowance, Cash Basis Interest Income	0	0
Average Recorded Investment, Total	3,650	4,346
Interest Income Recognized, Total	190	166
Cash Basis Interest Income, Total	0	0
Mortgage Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans with No Allowance, Average Recorded Investment	400	579
Impaired Loans with No Allowance, Interest Income Recognized	10	10
Impaired Loans with No Allowance, Cash Basis Interest Income	39	30
Average Recorded Investment, Total	400	579
Interest Income Recognized, Total	10	10
Cash Basis Interest Income, Total	39	30
Acquired with Credit Deterioration [Member] | Commercial Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment, Total	344	345
Interest Income Recognized, Total	0	0
Cash Basis Interest Income, Total	0	0
Acquired with Credit Deterioration [Member] | Construction Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans with No Allowance, Average Recorded Investment	344	345
Impaired Loans with No Allowance, Interest Income Recognized	0	0
Impaired Loans with No Allowance, Cash Basis Interest Income	0	0
Acquired with Credit Deterioration [Member] | Mortgage Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans with No Allowance, Average Recorded Investment	447	602
Impaired Loans with No Allowance, Interest Income Recognized	0	0
Impaired Loans with No Allowance, Cash Basis Interest Income	0	0
Average Recorded Investment, Total	447	602
Interest Income Recognized, Total	0	0
Cash Basis Interest Income, Total	$ 0	$ 0

LOANS AND RELATED ALLOWANCE F_8

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Nonaccrual Loans by Classes of the Loan Portfolio) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
Financing receivable, recorded investment, nonaccrual status	$ 139	$ 141
Mortgage Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Financing receivable, recorded investment, nonaccrual status	$ 139	$ 141

LOANS AND RELATED ALLOWANCE F_9

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Loan Portfolio Summarized by the Past Due Status) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	$ 484,512	$ 418,303
Total loans	484,512	418,303
Loans Past Due Greater than 89 Days and Accruing	39	85
Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	483,759	417,465
Loans Past Due Greater than 89 Days and Accruing	39	85
Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	753	838
Loans Past Due Greater than 89 Days and Accruing	0	0
Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	483,887	417,200
Current [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	483,134	416,362
Current [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	753	838
Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	625	1,103
Total Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	625	1,103
Total Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	307	512
30-59 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	307	512
30-59 Days Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	141	488
60-89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	141	488
60-89 Days Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Greater than 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	177	103
Greater than 89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	177	103
Greater than 89 Days Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	61,458	62,639
Total loans	61,458	62,639
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	61,458	62,639
Loans Past Due Greater than 89 Days and Accruing	24	0
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | Current [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	61,359	62,628
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | Total Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	99	11
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | 30-59 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	75	11
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | 60-89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | Greater than 89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	24	0
Commercial Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	199,206	159,806
Total loans	199,206	159,806
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	198,872	159,449
Loans Past Due Greater than 89 Days and Accruing	7	0
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	334	357
Loans Past Due Greater than 89 Days and Accruing	0	0
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Current [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	198,761	159,396
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Current [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	334	357
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Total Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	111	53
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Total Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | 30-59 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	53
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | 30-59 Days Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | 60-89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	104	0
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | 60-89 Days Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Greater than 89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	7	0
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Greater than 89 Days Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Construction Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	50,748	43,281
Total loans	50,748	43,281
Construction Loan [Member] | Commercial Portfolio Segment [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	50,748	43,281
Loans Past Due Greater than 89 Days and Accruing	0	0
Construction Loan [Member] | Commercial Portfolio Segment [Member] | Current [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	50,748	43,281
Construction Loan [Member] | Commercial Portfolio Segment [Member] | Total Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Construction Loan [Member] | Commercial Portfolio Segment [Member] | 30-59 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Construction Loan [Member] | Commercial Portfolio Segment [Member] | 60-89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Construction Loan [Member] | Commercial Portfolio Segment [Member] | Greater than 89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Mortgage Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	150,290	131,754
Total loans	150,290	131,754
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	149,871	131,273
Loans Past Due Greater than 89 Days and Accruing	4	85
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	419	481
Loans Past Due Greater than 89 Days and Accruing	0	0
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Current [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	149,488	130,242
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Current [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	419	481
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Total Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	383	1,031
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Total Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | 30-59 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	205	440
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | 30-59 Days Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | 60-89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	36	488
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | 60-89 Days Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Greater than 89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	142	103
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Greater than 89 Days Past Due [Member] | Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	18,770	16,323
Total loans	18,770	16,323
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	18,770	16,323
Loans Past Due Greater than 89 Days and Accruing	0	0
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | Current [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	18,770	16,323
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | Total Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | 30-59 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | 60-89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | Greater than 89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	0	0
Personal Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	4,040	4,500
Total loans	4,040	4,500
Personal Loan [Member] | Consumer Portfolio Segment [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	4,040	4,500
Loans Past Due Greater than 89 Days and Accruing	4	0
Personal Loan [Member] | Consumer Portfolio Segment [Member] | Current [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	4,008	4,492
Personal Loan [Member] | Consumer Portfolio Segment [Member] | Total Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	32	8
Personal Loan [Member] | Consumer Portfolio Segment [Member] | 30-59 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	27	8
Personal Loan [Member] | Consumer Portfolio Segment [Member] | 60-89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	1	0
Personal Loan [Member] | Consumer Portfolio Segment [Member] | Greater than 89 Days Past Due [Member] | Excluding Loans Acquired with Credit Deterioration [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables, gross	$ 4	$ 0

LOANS AND RELATED ALLOWANCE _10

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Troubled Debt Restructurings on Financing Receivables) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($) item loan
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts | loan	0
Financing Receivable, Modifications, Recorded Investment	$ 2,300	$ 5,600
Number of default TDR | loan	0	0
Restructured Loan [Member] | Accruing Troubled Debt Restructurings [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts | item		1
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 2,254
Financing Receivable, Modifications, Post-Modification Recorded Investment		2,254
Financing Receivable, Modifications, Recorded Investment		$ 1,854
Restructured Loan [Member] | Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Accruing Troubled Debt Restructurings [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Number of Contracts | item		1
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 2,254
Financing Receivable, Modifications, Post-Modification Recorded Investment		2,254
Financing Receivable, Modifications, Recorded Investment		$ 1,854

LOANS AND RELATED ALLOWANCE _11

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 484,512	$ 418,303
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	470,057	392,857
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	11,232	17,258
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,223	8,188
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	61,458	62,639
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	60,990	61,372
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	468	577
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	690
Commercial, Financial and Agricultural [Member] | Commercial Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Commercial Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	199,206	159,806
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	186,977	137,684
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	9,802	16,429
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,427	5,693
Commercial Loan [Member] | Commercial Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Construction Loan [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	50,748	43,281
Construction Loan [Member] | Commercial Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	50,008	42,394
Construction Loan [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	740	0
Construction Loan [Member] | Commercial Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	887
Construction Loan [Member] | Commercial Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Mortgage Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	150,290	131,754
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	149,272	130,584
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	222	252
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	796	918
Mortgage Loan [Member] | Consumer Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	18,770	16,323
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	18,770	16,323
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Obligations of State and Political Subdivisions [Member] | Commercial Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Personal Loan [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,040	4,500
Personal Loan [Member] | Consumer Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,040	4,500
Personal Loan [Member] | Consumer Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Personal Loan [Member] | Consumer Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Personal Loan [Member] | Consumer Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 0	$ 0

BANK OWNED LIFE INSURANCE AND_3

BANK OWNED LIFE INSURANCE AND ANNUITIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
BANK OWNED LIFE INSURANCE AND ANNUITIES
Bank owned life insurance and annuities	$ 15,197,000	$ 16,852,000	$ 16,568,000
Decrease in cash surrender value of bank-owned life insurance	$ 1,700,000	$ 284,000

BANK OWNED LIFE INSURANCE AND_4

BANK OWNED LIFE INSURANCE AND ANNUITIES (Summary of Changes in Cash Value of BOLI and Annuities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Balance	$ 16,852	$ 16,568
Earnings	219	246
Premiums on existing policies	20	38
Annuity payments received	10
Death Benefits received	(1,904)
Balance	15,197	16,852
Life Insurance [Member]
Balance	16,261	16,010
Earnings	198	225
Premiums on existing policies	8	26
Annuity payments received	10
Death Benefits received	(1,847)
Balance	14,630	16,261
Deferred Annuities [Member]
Balance	591	558
Earnings	21	21
Premiums on existing policies	12	12
Death Benefits received	(57)
Balance	$ 567	$ 591

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
PREMISES AND EQUIPMENT
Depreciation expense on premises and equipment	$ 631,000	$ 712,000

PREMISES AND EQUIPMENT (Premise

PREMISES AND EQUIPMENT (Premises and Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 21,136	$ 20,720
Less: accumulated depreciation	(12,946)	(12,349)
Property, Plant and Equipment, Net, Total	8,190	8,371
Land [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	294	294
Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	13,698	13,486
Furniture, Computer Software and Equipment [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 7,144	$ 6,940

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($)				12 Months Ended
	Apr. 30, 2018	Nov. 30, 2015	Sep. 08, 2006	Dec. 31, 2022	Dec. 31, 2021
Goodwill included in acquisition price				$ 9,047,000	$ 9,047,000
Amortization of intangible assets				54,000	66,000
Other intangible assets				92,000	120,000
Goodwill impairment loss				$ 0	$ 0
Branch Office in Richfield, PA [Member]
Acquisition date			Sep. 08, 2006
Goodwill included in acquisition price			$ 2,000,000
FNBPA Bancorp, Inc [Member]
Acquisition date		Nov. 30, 2015
Goodwill included in acquisition price		$ 3,400,000
Intangible assets included in purchase price		$ 303,000
Liverpool Community Bank [Member]
Acquisition date	Apr. 30, 2018
Goodwill included in acquisition price	$ 3,600,000
Intangible assets included in purchase price	$ 289,000
Intangible assets amortization period	10 years

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS (Amortization Schedule for Intangible Assets) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Apr. 30, 2018	Nov. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 54,000	$ 66,000
FNBPA Bancorp, Inc [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning Balance at Acquisition Date					$ 303,000
FNBPA Bancorp, Inc [Member] | Core Deposits [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning Balance at Acquisition Date					$ 303,000
Amortization of intangible assets	21,000	27,000	$ 223,000
Unamortized balance	32,000
Scheduled remaining amortization expense for years ended:
December 31, 2023	16,000
December 31, 2024	11,000
December 31, 2025	5,000
December 31, 2026	0
December 31, 2027	0
Thereafter	0
Liverpool Community Bank [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning Balance at Acquisition Date				$ 289,000
Liverpool Community Bank [Member] | Core Deposits [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning Balance at Acquisition Date				$ 289,000
Amortization of intangible assets	33,000	$ 39,000	$ 128,000
Unamortized balance	89,000
Scheduled remaining amortization expense for years ended:
December 31, 2023	28,000
December 31, 2024	23,000
December 31, 2025	17,000
December 31, 2026	12,000
December 31, 2027	7,000
Thereafter	$ 2,000

DEPOSITS (Details)

DEPOSITS (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
DEPOSITS
Aggregate amount of demand deposits reclassified as loan balances	$ 46,000	$ 31,000
Brokered demand deposit	$ 0	$ 30,000,000

DEPOSITS (Schedule of Deposits)

DEPOSITS (Schedule of Deposits) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
DEPOSITS
Demand, non-interest bearing	$ 199,131	$ 182,022
Interest-bearing demand and money market	227,028	240,974
Savings	143,082	142,187
Time deposits, 250,000 or more	13,238	13,547
Other time deposits	129,033	129,717
Total deposits	$ 711,512	$ 708,447

DEPOSITS (Schedule of Maturitie

DEPOSITS (Schedule of Maturities of Time Deposits) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Time Deposits 250000 or More [Member]
Maturities of Time Deposits
2023	$ 4,366
2024	6,901
2025	1,436
2027	267
Later	268
Total time deposits	13,238
Time Deposits Other [Member]
Maturities of Time Deposits
2023	53,416
2024	44,731
2025	10,322
2026	13,058
2027	5,896
Later	1,610
Total time deposits	129,033
Certificates of Deposit [Member]
Maturities of Time Deposits
2023	57,782
2024	51,632
2025	11,758
2026	13,058
2027	6,163
Later	1,878
Total time deposits	$ 142,271

BORROWINGS (Details)

BORROWINGS (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Federal Home Loan Bank, Advances [Line Items]
Long-term debt	$ 20,000,000	$ 20,000,000
Securities Sold under Agreements to Repurchase [Member]
Federal Home Loan Bank, Advances [Line Items]
Fair value of pledged assets	$ 10,500,000

BORROWINGS (Schedule of Borrowi

BORROWINGS (Schedule of Borrowings) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Short-term borrowings	$ 55,710	$ 4,227
Maximum outstanding at any month end	55,710	33,804
Securities Sold under Agreements to Repurchase [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Short-term borrowings	7,585	4,227
Maximum outstanding at any month end	$ 7,585	$ 4,804
Weighted average interest rate as of December 31	3.44%	0.10%
Average amount outstanding during the year	$ 5,532	$ 4,249
Weighted average interest rate during the year	1.54%	0.10%
Overnight Advances [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Short-term borrowings	$ 28,125	$ 0
Maximum outstanding at any month end	28,125	9,000
Three Month Advances [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Short-term borrowings	20,000	0
Maximum outstanding at any month end	20,000	20,000
Short-term borrowings with Federal Home Loan Bank [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Short-term borrowings	$ 48,125
Weighted average interest rate as of December 31	4.55%
Average amount outstanding during the year	$ 18,635	$ 6,741
Weighted average interest rate during the year	3.05%	0.38%

BORROWINGS (Summary of the Sche

BORROWINGS (Summary of the Scheduled Maturities of Long-Term Debt) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Contractual Obligation, Fiscal Year Maturity Schedule [Abstract]
2023	$ 0
2024	15,000,000
2025	5,000,000
2026	0
2027	0
Thereafter	0
Long-term Debt, Total	$ 20,000,000	$ 20,000,000
Weighted Average Interest Rate
2023	0%
2024	2.29%
2025	2.41%
2026	0%
2026	0%
Thereafter	0%
Weighted average interest rate	2.32%

BORROWINGS (Pledged Assets) (De

BORROWINGS (Pledged Assets) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Borrowings [Abstract]
Financing receivables, gross	$ 306.3	$ 253.8
Securities pledged as collateral	0	0
Maximum borrowing capacity with the Federal Home Loan Bank of Pittsburgh ("FHLB")	214.7	182.6
Federal Home Loan Bank Advances	$ 68.4	$ 20.7

OPERATING LEASE OBLIGATIONS (RO

OPERATING LEASE OBLIGATIONS (ROU Assets and Lease Liabilities) (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) lease	Dec. 31, 2021 USD ($)
OPERATING LEASE OBLIGATIONS
Number of Operating Lease Obligations | lease	4
Consolidated statements of condition classification of the Company's ROU assets and lease liabilities
Operating lease ROU assets	$ 395,000
Operating lease ROU assets, statement of financial position	Accrued interest receivable and other assets
Lease liability	$ 403,000
Operating lease liabilities, statement of financial position	Accrued interest payable and other liabilities
Options to renew	true
Weighted-average remaining operating lease term	5 years 1 month 6 days
Weighted-average discount rate	4.97%
Total operating cost	$ 110,000	$ 119,000
Total operating lease payment to related parties	$ 24,000	$ 24,000

OPERATING LEASE OBLIGATIONS (Fu

OPERATING LEASE OBLIGATIONS (Future Minimum Payments for Operating Leases) (Details)	Dec. 31, 2022 USD ($)
Operating Lease Liabilities, Payments Due [Abstract]
2023	$ 107,000
2024	95,000
2025	95,000
2026	52,000
2027	49,000
2028 and beyond	62,000
Total Future Minimum Lease Payments	460,000
Amounts Representing Interest	(57,000)
Present Value of Net Future Minimum Lease Payments (Lease Liability)	$ 403,000
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Accrued interest payable and other liabilities

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income tax credits and adjustments period	10 years
Income tax provision (benefit)	$ (642,000)	$ (284,000)
Federal statutory income tax rate	21%	21%
Adjustments to unrecognized tax benefits	$ 0	$ 0
Phase I [Member]
Tax credit expiration date related to investment in two low income housing	Dec. 31, 2023
Phase II [Member]
Tax credit expiration date related to investment in two low income housing	Dec. 31, 2027

INCOME TAXES (Components of Inc

INCOME TAXES (Components of Income Tax Expense) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
INCOME TAXES
Current tax expense	$ 513,000	$ 235,000
Deferred income tax expense	129,000	49,000
Total tax expense (benefit)	$ 642,000	$ 284,000

INCOME TAXES (Effective Income

INCOME TAXES (Effective Income Tax Rate Reconciliation) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
INCOME TAXES
Total before tax	$ 8,962,000	$ 6,888,000
Statutory tax rate	21%	21%
Federal tax at statutory rate	$ 1,882,000	$ 1,447,000
Tax-exempt interest	(189,000)	(208,000)
Net earnings on BOLI	(67,000)	(36,000)
Gain from life insurance proceeds	(80,000)
Stock-based compensation	3,000	(2,000)
Federal tax credits	(902,000)	(902,000)
Other permanent differences	(5,000)	(15,000)
Total tax expense (benefit)	$ 642,000	$ 284,000
Effective tax rate	7.20%	4.10%

INCOME TAXES (Schedule of Defer

INCOME TAXES (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred Tax Assets
Allowance for loan losses	$ 847	$ 741
Deferred directors' compensation	212	329
Employee and director benefits	252	264
Stock-based compensation	51	59
Investment in low income housing project	494	397
Fair value adjustments to acquired assets and liabilities	146	172
Tax credit carryforward	0	235
Lease liability	85	63
Unrealized losses on securities available for sale	1,638	1,008
Unrealized loss on derivatives	9,536	0
Total deferred tax assets	13,261	3,268
Deferred Tax Liabilities
Depreciation	(124)	(165)
Right of use asset	(83)	(62)
Loan origination fees and costs	(559)	(505)
Prepaid expenses	(10)	(20)
Unrealized gains on debt securities available for sale	0	0
Unrealized gain from securities impairment	(16)	(58)
Unrealized gain on derivatives	(56)	(114)
Annuity earnings	(73)	(68)
Fair value of mortgage servicing rights	(19)	(25)
Intangible assets	(26)	(37)
Goodwill	(429)	(429)
Other	(28)	(42)
Total deferred tax liabilities	(1,423)	(1,525)
Net deferred tax (liability) asset included in (other liabilities) other assets	$ 11,838	$ 1,743

STOCKHOLDERS' EQUITY AND REGU_3

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 $ / shares shares	Nov. 30, 2021 shares
STOCKHOLDERS' EQUITY AND REGULATORY MATTERS
Preferred stock, authorized	500,000	500,000
Preferred stock, no par value | $ / shares	$ 0	$ 0
Preferred Stock, Issued	0	0
Shares available for issuance under Dividend Reinvestment Plan	141,887
Capital conservation buffer ratio	0.0250
Stock issued under Dividend Reinvestment Plan	0	0
Shares repurchase program, number of shares authorized to be repurchased			200,000
Shares repurchase program, number of shares repurchased	170	50,482
Forfeiture of restricted stock, Shares	825	200
Shares repurchase program, number of shares remaining	208,312
Undistributed Earnings of Subsidiary, Available for Distribution | $	$ 37,324,000

STOCKHOLDERS' EQUITY AND REGU_4

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS (Schedule of Compliance with Regulatory Capital Requirements) (Details) - The Juniata Valley Bank [Member] $ in Thousands	Dec. 31, 2022 USD ($)	Jan. 01, 2022 USD ($)	Dec. 31, 2021 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital, Amount	$ 73,143	$ 68,400	$ 56,153
Total Capital, Ratio	0.1301	0.1316	0.1106
Total Capital, Minimum Capital Adequacy With Capital Buffer, Amount	$ 59,040		$ 54,580
Total Capital, Minimum Capital Adequacy With Capital Buffer, Ratio	0.1050		0.1050
Total Capital, Minimum Regulatory Requirements to be "Well Capitalized", Amount	$ 56,229		$ 51,981
Total Capital, Minimum Regulatory Requirements to be "Well Capitalized", Ratio	0.1000		0.1000
Tier 1 Capital, Amount	$ 69,116		$ 56,153
Tier 1 Capital, Ratio	0.1229		0.1106
Tier One Risk Based Capital Minimum Capital Adequacy With Capital Buffer, Amount	$ 47,794		$ 44,184
Tier One Risk Based Capital Minimum Capital Adequacy With Capital Buffer, Ratio	0.0850		0.0850
Tier 1 Capital, Minimum Regulatory Requirements to be "Well Capitalized", Amount	$ 44,983		$ 41,585
Tier 1 Capital, Minimum Regulatory Requirements to be "Well Capitalized", Ratio	0.0800		0.0800
Common Equity Tier 1 Capital, Amount	$ 69,116	$ 64,900	$ 56,153
Common Equity Tier 1 Capital, Ratio	0.1229	0.1248	0.1106
Common Equity Tier 1 Capital, Minimum Capital Adequacy With Capital Buffer, Amount	$ 39,360		$ 36,387
Common Equity Tier 1 Capital, Minimum Capital Adequacy With Capital Buffer, Ratio	0.0700		0.0700
Common Equity Tier 1 Capital, Minimum Regulatory Requirements to be "Well Capitalized", Amount	$ 36,549		$ 33,788
Common Equity Tier 1 Capital, Minimum Regulatory Requirements to be "Well Capitalized", Ratio	0.0650		0.0650
Tier 1, Leverage Capital to Average Assets, Amount	$ 69,116		$ 56,153
Tier 1, Leverage Capital to Average Assets, Ratio	0.0848	0.0798	0.0699
Tier 1, Leverage Capital to Average Assets, Minimum Requirement for Capital Adequacy Purposes, Amount	$ 32,605		$ 32,502
Tier 1, Leverage Capital to Average Assets, Minimum Requirement for Capital Adequacy Purposes, Ratio	0.0400		0.0400
Tier 1, Leverage Capital to Average Assets, Minimum Regulatory Requirements to be "Well Capitalized", Amount	$ 40,756		$ 40,627
Tier 1, Leverage Capital to Average Assets, Minimum Regulatory Requirements to be "Well Capitalized", Ratio	0.0500		0.0500

EARNINGS PER SHARE (Computation

EARNINGS PER SHARE (Computation of Basic and Diluted Earnings per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
EARNINGS PER SHARE
Net income	$ 8,320	$ 6,604
Weighted-average common shares outstanding	5,000	5,004
Basic earnings per share	$ 1.66	$ 1.32
Common stock equivalents due to effect of stock options	9	9
Total weighted-average common shares and equivalents	5,009	5,013
Diluted earnings per share	$ 1.66	$ 1.32
Anti-dilutive stock options outstanding	1	0

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (Components of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Beginning balance	$ 71,290	$ 76,597
Net current period other comprehensive income (loss)	(38,502)	(6,883)
Ending balance	36,949	71,290
Accumulated Other Comprehensive Loss [Member]
Beginning balance	(3,365)	3,518
Other comprehensive income (loss) before reclassification	(39,521)	(6,913)
Amounts reclassified from accumulated other comprehensive income (loss)	1,019	30
Net current period other comprehensive income (loss)	(38,502)	(6,883)
Ending balance	(41,867)	(3,365)
Unrealized Gains and Losses on Cash Flow Hedges [Member]
Beginning balance	427	(45)
Other comprehensive income (loss) before reclassification	964	425
Amounts reclassified from accumulated other comprehensive income (loss)	(1,180)	47
Net current period other comprehensive income (loss)	(216)	472
Ending balance	211	427
Unrealized Gains and Losses on Available for Sale Securities [Member]
Beginning balance	(3,792)	3,563
Other comprehensive income (loss) before reclassification	(40,485)	(7,338)
Amounts reclassified from accumulated other comprehensive income (loss)	2,199	(17)
Net current period other comprehensive income (loss)	(38,286)	(7,355)
Ending balance	$ (42,078)	$ (3,792)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (Accumulated Other Comprehensive Loss) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Realized losses on available for sale securities	$ (1,453,000)	$ 21,000
Total before tax	8,962,000	6,888,000
Tax effect	(642,000)	(284,000)
Net income	8,320,000	6,604,000
Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income	1,019,000	30,000
Unrealized Gains and Losses on Available for Sale Securities [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Realized losses on available for sale securities	1,453,000	(21,000)
Amortization of unrealized losses on held to maturity securities	1,342,000
Total before tax	2,795,000	(21,000)
Tax effect	(596,000)	4,000
Net income	2,199,000	(17,000)
Unrealized Gains and Losses on Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Realized (gains) losses on cash flow hedges	(291,000)	60,000
Realized gains on swap termination	(1,202,000)
Total before tax	(1,493,000)	60,000
Tax effect	313,000	(13,000)
Net income	$ (1,180,000)	$ 47,000

FAIR VALUE MEASUREMENT (Fair Va

FAIR VALUE MEASUREMENT (Fair Value Measurements by Level of Valuation Inputs) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	$ 73,536	$ 335,424
Equity securities	1,056	1,124
Obligations of U.S. Government Agencies and Corporations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	13,705	40,526
Obligations of State and Political Subdivisions [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	7,679	9,220
Corporate Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	15,341	34,996
Fair Value, Measurements, Recurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	73,536	335,424
Interest rate swaps, assets	268	541
Fair Value, Measurements, Recurring [Member] | Obligations of U.S. Government Agencies and Corporations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	13,705	40,526
Fair Value, Measurements, Recurring [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	7,679	9,220
Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Equity securities	1,056	1,124
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	15,341	34,996
Fair Value, Measurements, Recurring [Member] | Mortgage-Backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	36,811	250,682
Fair Value, Measurements, Recurring [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	0	0
Interest rate swaps, assets	0	0
Fair Value, Measurements, Recurring [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Obligations of U.S. Government Agencies and Corporations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Equity securities	1,056	1,124
Fair Value, Measurements, Recurring [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Corporate Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member] | Mortgage-Backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | (Level 2) Significant Other Observable Inputs [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	66,391	330,904
Interest rate swaps, assets	268	541
Fair Value, Measurements, Recurring [Member] | (Level 2) Significant Other Observable Inputs [Member] | Obligations of U.S. Government Agencies and Corporations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	13,705	40,526
Fair Value, Measurements, Recurring [Member] | (Level 2) Significant Other Observable Inputs [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	7,679	9,220
Fair Value, Measurements, Recurring [Member] | (Level 2) Significant Other Observable Inputs [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Equity securities	0	0
Fair Value, Measurements, Recurring [Member] | (Level 2) Significant Other Observable Inputs [Member] | Corporate Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	8,196	30,476
Fair Value, Measurements, Recurring [Member] | (Level 2) Significant Other Observable Inputs [Member] | Mortgage-Backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	36,811	250,682
Fair Value, Measurements, Recurring [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	7,145	4,520
Interest rate swaps, assets	0	0
Fair Value, Measurements, Recurring [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Obligations of U.S. Government Agencies and Corporations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Obligations of State and Political Subdivisions [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Equity securities	0	0
Fair Value, Measurements, Recurring [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Corporate Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	7,145	4,520
Fair Value, Measurements, Recurring [Member] | (Level 3) Significant Other Unobservable Inputs [Member] | Mortgage-Backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Mortgage Servicing Rights [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage servicing rights	92	120
Fair Value, Measurements, Recurring [Member] | Mortgage Servicing Rights [Member] | (Level 1) Quoted Prices in Active Markets for Identical Assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage servicing rights	0	0
Fair Value, Measurements, Recurring [Member] | Mortgage Servicing Rights [Member] | (Level 2) Significant Other Observable Inputs [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage servicing rights	0	0
Fair Value, Measurements, Recurring [Member] | Mortgage Servicing Rights [Member] | (Level 3) Significant Other Unobservable Inputs [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage servicing rights	$ 92	$ 120

FAIR VALUE MEASUREMENT (Reconci

FAIR VALUE MEASUREMENT (Reconciliation of Investment Securities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
FAIR VALUE MEASUREMENT
Beginning balance	$ 4,520	$ 2,000
Total gains (loss) included in OCI	(1,375)	20
Purchases	4,000	2,500
Principal payments and other	0	0
Sales	0	0
Ending balance	$ 7,145	$ 4,520
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, before Tax

FAIR VALUE MEASUREMENT (Carryin

FAIR VALUE MEASUREMENT (Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Financial assets:
Interest bearing deposits with banks	$ 143,000	$ 598,000
Interest bearing time deposits with banks	0	735,000
Debt securities held to maturity	209,887,000	0
Restricted investment in bank stock	3,666,000	2,116,000
Financial liabilities:
Non-interest bearing deposits	199,131,000	182,022,000
Interest bearing deposits	512,381,000	526,425,000
Short-term borrowings	55,710,000	4,227,000
Long-term debt	20,000,000	20,000,000
Other interest bearing liabilities	1,011,000	1,568,000
Carrying Value [Member]
Financial assets:
Cash and due from banks	10,856,000	12,928,000
Interest bearing deposits with banks	143,000	598,000
Interest bearing time deposits with banks		735,000
Debt securities available for sale	73,536,000	336,548,000
Debt securities held to maturity	209,565,000
Restricted investment in bank stock	3,666,000	2,116,000
Loans, net of allowance for loan losses	480,485,000	414,795,000
Interest rate swaps, assets	268,000	541,000
Accrued interest receivable	2,124,000	1,814,000
Financial liabilities:
Non-interest bearing deposits	199,131,000	182,022,000
Interest bearing deposits	512,381,000	526,425,000
Securities sold under agreements to repurchase	7,585,000	4,227,000
Short-term borrowings	48,125,000
Long-term debt	20,000,000	20,000,000
Other interest bearing liabilities	1,011,000	1,568,000
Accrued interest payable	333,000	252,000
Off-balance sheet financial instruments:
Commitments to extend credit	0	0
Letters of credit	0	0
Fair Value [Member]
Financial assets:
Cash and due from banks	10,856,000	12,928,000
Interest bearing deposits with banks	143,000	598,000
Interest bearing time deposits with banks		735,000
Debt securities available for sale	73,536,000	336,548,000
Debt securities held to maturity	209,887,000
Loans, net of allowance for loan losses	467,667,000	414,984,000
Interest rate swaps, assets	268,000	541,000
Accrued interest receivable	2,124,000	1,814,000
Financial liabilities:
Non-interest bearing deposits	199,131,000	182,022,000
Interest bearing deposits	508,753,000	528,952,000
Short-term borrowings	48,122,000
Long-term debt	19,156,000	20,520,000
Other interest bearing liabilities	1,009,000	1,568,000
Accrued interest payable	333,000	252,000
Off-balance sheet financial instruments:
Commitments to extend credit	0	0
Letters of credit	$ 0	$ 0

FAIR VALUE MEASUREMENT (Schedul

FAIR VALUE MEASUREMENT (Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities held to maturity	$ 209,887,000	$ 0
Interest bearing time deposits with banks	0	735,000
Interest bearing deposits	512,381,000	526,425,000
Long-term debt	20,000,000	20,000,000
Other interest bearing liabilities	1,011,000	1,568,000
(Level 1) Quoted Prices in Active Markets for Identical Assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities held to maturity	0
Loans, net of allowance for loan losses	0	0
Interest bearing time deposits with banks		0
Interest bearing deposits	0	0
Long-term debt	0	0
Other interest bearing liabilities	0	0
(Level 2) Significant Other Observable Inputs [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities held to maturity	209,887,000
Loans, net of allowance for loan losses	0	0
Interest bearing time deposits with banks		735,000
Interest bearing deposits	508,753,000	528,952,000
Long-term debt	19,156,000	20,520,000
Other interest bearing liabilities	1,009,000	1,568,000
(Level 3) Significant Other Unobservable Inputs [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities held to maturity	0
Loans, net of allowance for loan losses	467,667,000	414,984,000
Interest bearing time deposits with banks		0
Interest bearing deposits	0	0
Long-term debt	0	0
Other interest bearing liabilities	0	0
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities held to maturity	209,565,000
Loans, net of allowance for loan losses	480,485,000	414,795,000
Interest bearing time deposits with banks		735,000
Interest bearing deposits	512,381,000	526,425,000
Long-term debt	20,000,000	20,000,000
Other interest bearing liabilities	1,011,000	1,568,000
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt securities held to maturity	209,887,000
Loans, net of allowance for loan losses	467,667,000	414,984,000
Interest bearing time deposits with banks		735,000
Interest bearing deposits	508,753,000	528,952,000
Long-term debt	19,156,000	20,520,000
Other interest bearing liabilities	$ 1,009,000	$ 1,568,000

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Asset Management Services [Member]
Trust and Estate fees recognized	$ 368,000	$ 372,000
Estate Management Services [Member]
Trust and Estate fees recognized	$ 104,000	$ 73,000
Percentage of total estate fee recognized when all estate assets are collected and debts paid	25%
Percentage of total estate fee recognized when the inheritance tax return is filed	50%
Percentage of total estate fee recognized when the first and final account is confirmed	25%

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Stock-based compensation expense	$ 176,000	$ 158,000
Weighted average exercise price	$ 17.74	$ 17.78	$ 17.78
Employer's safe harbor contribution rate	3%
Employer's safe harbor contribution payable	$ 258,000
Prior year contribution payable credited in current year		$ 252,000
Defined contribution plan, cost recognized	259,000	250,000
Employer's matching contribution	226,000	222,000
Deferred compensation liability	1,000,000	1,600,000
Deferred compensation, compensation expense	26,000	13,000
Salary continuation liability	1,100,000	1,200,000
Salary continuation period expense	89,000	85,000
Supplemental Employee Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Present value of future plan liability	100,000	112,000
Supplemental retirement plans, cost recognized during period	$ 15,000	$ 11,000
Employee Stock Option [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares authorized under share-based payment awards	300,000
Shares available for grant	163,990
Restricted Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of shares awarded	10,486	8,839
Award vesting period	3 years
Unrecognized compensation cost related to non-vested awards	$ 138,000
Employee Stock Purchase Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares authorized under share-based payment awards	250,000
Stock options awarded	0
Award expiration period	10 years
Award expiration date	Feb. 17, 2025
Number of share per year in addition to prior unissued shares	5,000
Shares issued during period under employee stock purchase plans	5,026	4,944
Shares reserved for future issuance	156,650
Employee Stock Purchase Plan [Member] | Employee Stock Option [Member]
Defined Benefit Plan Disclosure [Line Items]
Exercise price, lower range limit	$ 17.65
Exercise price, upper range limit	18
Weighted average exercise price	$ 17.74
Weighted average remaining contractual life	1 year 4 months 24 days
Stock Options compensation costs not yet recognized	$ 0
Shares issued during period under employee stock purchase plans	0	0
Maximum [Member] | Employee Stock Purchase Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Option price as a percentage of fair value	100%
Minimum [Member] | Employee Stock Purchase Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Option price as a percentage of fair value	95%

EMPLOYEE BENEFIT PLANS (Compens

EMPLOYEE BENEFIT PLANS (Compensation Expense and Related Tax Benefits for Restricted Stock) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Net income effect	$ (176)	$ (158)
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Compensation expense	176	158
Tax benefit	(37)	(33)
Net income effect	$ 139	$ 125

EMPLOYEE BENEFIT PLANS (Summary

EMPLOYEE BENEFIT PLANS (Summary of Non-Vested Restricted Shares Activity) (Details) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Number of shares
Beginning Balance	22,789
Vested	(11,475)
Forfeited	(825)
Granted	10,486	8,839
Ending Balance	20,975	22,789
Weighted Average Grant Date Fair Value
Beginning Balance	$ 18.48
Vested	18.72
Forfeited	17.32
Granted	15.90
Ending Balance	$ 17.10	$ 18.48

EMPLOYEE BENEFIT PLANS (Schedul

EMPLOYEE BENEFIT PLANS (Schedule of Stock Option Activity) (Details)	12 Months Ended
	Dec. 31, 2022 USS ($) $ / shares shares	Dec. 31, 2022 USS ($) shares	Dec. 31, 2021 $ / shares shares	Dec. 31, 2021 USS ($) shares
EMPLOYEE BENEFIT PLANS
Outstanding beginning balance, Shares | shares		71,947		81,547
Granted, Shares | shares		0		0
Exercised, Shares | shares		0		0
Expired, Shares | shares		(11,600)		(9,600)
Outstanding ending balance, Shares | shares		60,347		71,947
Options exercisable at year-end, Shares | shares	60,347	60,347	71,947	71,947
Beginning, weighted average exercise price | $ / shares	$ 17.78		$ 17.78
Granted, Weighted average exercise price | $ / shares	0		0
Exercised, Weighted average exercise price | $ / shares	0		0
Expired, Weighted average exercise price | $ / shares	18		17.75
Ending, weighted average exercise price | $ / shares	17.74		17.78
Weighted-average fair value of options granted during the year | $ / shares	$ 0		$ 0
Intrinsic value of options exercised during the year | $		$ 0		$ 0
Intrinsic value of options cancelled during the year | $		0
Intrinsic value of options outstanding and exercisable at December 31, 2022 | $	$ 0	$ 0

FINANCIAL INSTRUMENTS WITH OF_3

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK
Maximum undiscounted exposure	$ 2.6
Underlying collateral upon liquidation	$ 31.2

FINANCIAL INSTRUMENTS WITH OF_4

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Summary of Financial Instrument Commitments) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Commitments to Grant Loans [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Outstanding letters of credit	$ 103,848	$ 94,349
Unfunded Commitments Under Lines of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Outstanding letters of credit	12,203	12,714
Outstanding Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Outstanding letters of credit	$ 2,609	$ 5,724

RELATED-PARTY TRANSACTIONS (Det

RELATED-PARTY TRANSACTIONS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
RELATED-PARTY TRANSACTIONS
Due from related parties	$ 4,900,000	$ 4,700,000
Due from related parties, new loans in period	1,000,000
Due from related parties, repayments in period	281,000
Related parties, deposits	1,300,000	$ 2,500,000
Loan removed or waived	$ 492,000

DERIVATIVES (Details)

DERIVATIVES (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) agreement	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Gain on sale of derivatives	$ 1,200
Number of forward swap agreement | agreement	2
Interest Rate Swap Three Months Brokered Deposit [Member]
Notional Amount		$ 20,000	$ 20,000
Interest Rate Swap Forward Long Term FHLB Advances [Member]
Notional Amount			20,000
Designated as Hedging Instrument [Member]
Notional Amount		$ 20,000	40,000
Interest rate swaps, ineffectiveness		no amount of ineffectiveness has been included in net income
Designated as Hedging Instrument [Member] | Interest Rate Swap Three Months Brokered Deposit [Member]
Notional Amount		$ 0	20,000
Designated as Hedging Instrument [Member] | Interest Rate Swap Forward Long Term FHLB Advances [Member]
Notional Amount			$ 20,000

DERIVATIVES (Derivatives Record

DERIVATIVES (Derivatives Recorded on the Consolidated Statements of Condition) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Interest Rate Swap Three Months Brokered Deposit [Member]
Derivatives, Fair Value [Line Items]
Notional Amount	$ 20,000	$ 20,000
Interest Rate Swap Forward Long Term FHLB Advances [Member]
Derivatives, Fair Value [Line Items]
Notional Amount		20,000
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Notional Amount	20,000	40,000
Designated as Hedging Instrument [Member] | Interest Rate Swap Three Months Brokered Deposit [Member]
Derivatives, Fair Value [Line Items]
Notional Amount	0	20,000
Fair Value Asset (Liability)	0	52
Designated as Hedging Instrument [Member] | Interest Rate Swap Three Months FHLB Advance [Member]
Derivatives, Fair Value [Line Items]
Notional Amount	20,000	0
Fair Value Asset (Liability)	$ 268	0
Designated as Hedging Instrument [Member] | Interest Rate Swap Forward Long Term FHLB Advances [Member]
Derivatives, Fair Value [Line Items]
Notional Amount		20,000
Fair Value Asset (Liability)		$ 489

DERIVATIVES (Effect of Cash Flo

DERIVATIVES (Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivatives		$ 1,220	$ 538
Amount reclassified from AOCI into income (expense)	[1]	(1,493)	60
Interest Rate Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivatives		18	538
Amount reclassified from AOCI into income (expense)		(291)	$ 60
Swap Termination Gain [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivatives		1,202
Swap Termination Gain [Member] | Other Non Interest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount reclassified from AOCI into income (expense)		$ (1,202)
[1] Amounts are included in interest expense on short-term borrowings and repurchase agreements and in other non-interest income on the Consolidated Statements of Income.

DERIVATIVES (Effect of Cash F_2

DERIVATIVES (Effect of Cash Flow Hedge Accounting on the Consolidated Statements of Income) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Amount reclassified from AOCI into income (expense)	[1]	$ 1,493	$ (60)
Interest Income (Expense) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount reclassified from AOCI into income (expense)		291	(60)
Total		1,493	(60)
Swap Termination Gain [Member] | Interest Income (Expense) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount reclassified from AOCI into income (expense)		$ 1,202	$ 0
[1] Amounts are included in interest expense on short-term borrowings and repurchase agreements and in other non-interest income on the Consolidated Statements of Income.

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - Subsequent Event [Member]	1 Months Ended
	Jan. 31, 2023 $ / shares
Subsequent Event [Line Items]
Dividends payable, date declared	Jan. 31, 2022
Dividends payable per share	$ 0.22
Dividends payable, date of record	Feb. 14, 2023
Dividends payable, date to be paid	Mar. 01, 2023

JUNIATA VALLEY FINANCIAL CORP_3

JUNIATA VALLEY FINANCIAL CORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Schedule of Condensed Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash and cash equivalents	$ 10,999	$ 13,526
Equity securities	1,056	1,124
Total assets	830,875	810,518
STOCKHOLDERS' EQUITY	36,949	71,290	$ 76,597
Total liabilities and stockholders' equity	830,875	810,518
Parent Company [Member]
Cash and cash equivalents	59	85
Investment in bank subsidiary	35,961	70,265
Equity securities	872	914
Other assets	85	38
Total assets	36,977	71,302
Accounts payable and other liabilities	28	12
STOCKHOLDERS' EQUITY	36,949	71,290
Total liabilities and stockholders' equity	$ 36,977	$ 71,302

JUNIATA VALLEY FINANCIAL CORP_4

JUNIATA VALLEY FINANCIAL CORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Schedule of Condensed Statements of Income and Comprehensive Income) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Other non-interest expense	$ 19,941,000	$ 20,370,000
Income tax benefit	642,000	284,000
Income before undistributed net income of subsidiary	8,320,000	6,604,000
Net income	8,320,000	6,604,000
OTHER COMPREHENSIVE LOSS	(38,502,000)	(6,883,000)
TOTAL COMPREHENSIVE LOSS	(30,182,000)	(279,000)
Parent Company [Member]
Interest and dividends on investment securities available for sale	43,000	43,000
Dividends from bank subsidiary	4,401,000	5,074,000
Change in value of equity securities	(42,000)	97,000
TOTAL INCOME	4,402,000	5,214,000
Other non-interest expense	138,000	184,000
TOTAL EXPENSE	138,000	184,000
IN UNDISTRIBUTED NET INCOME OF SUBSIDIARY	4,264,000	5,030,000
Income tax benefit	(34,000)	(25,000)
Income before undistributed net income of subsidiary	4,298,000	5,055,000
Undistributed net income of subsidiary	4,022,000	1,549,000
Net income	8,320,000	6,604,000
OTHER COMPREHENSIVE LOSS	(38,502,000)	(6,883,000)
TOTAL COMPREHENSIVE LOSS	$ (30,182,000)	$ (279,000)

JUNIATA VALLEY FINANCIAL CORP_5

JUNIATA VALLEY FINANCIAL CORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Schedule of Condensed Statements of Cash Flows) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Net income	$ 8,320	$ 6,604
Net cash provided by operating activities	9,936	8,866
Proceeds from the maturity of available for sale investment securities	27,918	78,608
Net cash used in investing activities	(62,676)	(53,874)
Cash dividends	(4,401)	(4,402)
Purchase of treasury stock	(3)	(861)
Treasury stock issued for stock plans	69	77
Net cash provided by financing activities	50,213	16,913
Net decrease in cash and cash equivalents	(2,527)	(28,095)
Cash and cash equivalents at beginning of year	13,526	41,621
Cash and cash equivalents at end of period	10,999	13,526
Parent Company [Member]
Net income	8,320	6,604
Undistributed net income of subsidiary	(4,022)	(1,549)
Change in value of equity securities	42	(97)
(Increase) decrease in other assets	(47)	39
Increase in other liabilities	16	11
Net cash provided by operating activities	4,309	5,008
Proceeds from the maturity of available for sale investment securities		118
Net cash used in investing activities		118
Cash dividends	(4,401)	(4,402)
Purchase of treasury stock	(3)	(861)
Treasury stock issued for stock plans	69	77
Net cash provided by financing activities	(4,335)	(5,186)
Net decrease in cash and cash equivalents	(26)	(60)
Cash and cash equivalents at beginning of year	85	145
Cash and cash equivalents at end of period	$ 59	$ 85