Juniata Valley Financial (JUVF) 10-Q 31 May 24 2024 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2024	Apr. 30, 2024
Cover
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	000-13232
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, City or Town	Mifflintown
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	17059
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 Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		5,000,518
Entity Central Index Key	0000714712
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 5,085	$ 17,189
Interest bearing deposits with banks	8,352	11,741
Cash and cash equivalents	13,437	28,930
Equity securities	1,060	1,073
Debt securities available for sale	66,639	67,564
Debt securities held to maturity (fair value $193,182 and $198,147, respectively)	198,680	200,644
Restricted investment in bank stock	2,018	1,707
Total loans	536,716	525,394
Less: Allowance for credit losses	(5,792)	(5,677)
Total loans, net of allowance for credit losses	530,924	519,717
Premises and equipment, net	8,135	8,180
Bank owned life insurance and annuities	14,900	14,841
Investment in low income housing partnerships	1,073	1,154
Core deposit and other intangible assets	321	343
Goodwill	9,812	9,812
Mortgage servicing rights	81	83
Deferred tax asset	11,033	11,319
Accrued interest receivable and other assets	6,305	5,188
Total assets	864,418	870,555
Liabilities:
Non-interest bearing	199,770	197,027
Interest bearing	538,650	552,018
Total deposits	738,420	749,045
Short-term borrowings and repurchase agreements	57,214	52,810
Long-term debt	20,000	20,000
Other interest bearing liabilities	884	951
Accrued interest payable and other liabilities	6,418	7,612
Total liabilities	822,936	830,418
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 March 31, 2024 and December 31, 2023; Outstanding - 5,000,518 shares at March 31, 2024 and 4,991,129 shares at December 31, 2023	5,151	5,151
Surplus	24,802	24,924
Retained earnings	51,554	51,297
Accumulated other comprehensive loss	(37,583)	(38,640)
Cost of common stock in Treasury: 150,761 shares at March 31, 2024; 160,150 shares at December 31, 2023	(2,442)	(2,595)
Total stockholders' equity	41,482	40,137
Total liabilities and stockholders' equity	$ 864,418	$ 870,555

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Consolidated Statements of Financial Condition
Debt securities held to maturity, fair value	$ 193,182	$ 198,147
Preferred stock, no par value	$ 0	$ 0
Preferred stock, shares 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	5,000,518	4,991,129
Treasury stock, shares outstanding	150,761	160,150

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income:
Loans, including fees	$ 7,467,000	$ 6,120,000
Taxable securities	1,465,000	1,580,000
Tax-exempt securities	30,000	36,000
Other interest income	43,000	16,000
Total interest income	9,005,000	7,752,000
Interest expense:
Deposits	2,642,000	1,443,000
Short-term borrowings and repurchase agreements	698,000	415,000
Long-term debt	117,000	116,000
Other interest bearing liabilities	9,000	10,000
Total interest expense	3,466,000	1,984,000
Net interest income	5,539,000	5,768,000
Provision for credit losses	120,000	243,000
Net interest income after provision for credit losses	5,419,000	5,525,000
Non-interest income:
Earnings on bank-owned life insurance and annuities	56,000	55,000
Change in value of equity securities	(13,000)	(22,000)
Other non-interest income	100,000	107,000
Total non-interest income	1,296,000	1,213,000
Non-interest expense:
Employee compensation expense	2,208,000	2,035,000
Employee benefits	645,000	735,000
Occupancy	332,000	304,000
Equipment	143,000	165,000
Data processing expense	663,000	597,000
Professional fees	254,000	195,000
Taxes, other than income	56,000	109,000
FDIC Insurance premiums	155,000	71,000
Amortization of intangible assets	22,000	11,000
Amortization of investment in low-income housing partnerships	81,000	112,000
Other non-interest expense	600,000	424,000
Total non-interest expense	5,159,000	4,758,000
Income before income taxes	1,556,000	1,980,000
Income tax provision	201,000	247,000
Net income	$ 1,355,000	$ 1,733,000
Earnings per share
Basic (in dollars per share)	$ 0.27	$ 0.35
Diluted (in dollars per share)	$ 0.27	$ 0.35
Customer service fees
Non-interest income:
Non-interest income	$ 371,000	$ 323,000
Debit card fee Income
Non-interest income:
Non-interest income	404,000	417,000
Trust fees
Non-interest income:
Non-interest income	107,000	132,000
Commissions from sales of non-deposit products
Non-interest income:
Non-interest income	102,000	95,000
Fees derived from loan activity
Non-interest income:
Non-interest income	159,000	93,000
Mortgage banking income
Non-interest income:
Non-interest income	$ 10,000	$ 13,000

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Consolidated Statements of Comprehensive Income (Unaudited)
Net income, Pre-Tax Amount		$ 1,556	$ 1,980
Tax effect		(201)	(247)
Net income		1,355	1,733
Other comprehensive income:
Unrealized holding gain arising during the period, Pre-Tax Amount		166	36
Unrealized holding gain arising during the period, Tax Effect		(35)	(7)
Unrealized holding gain arising during the period, Net-of-Tax Amount		131	29
Amortization of unrealized holding losses on held to maturity securities, Pre-Tax Amount	[1],[2]	1,181	1,173
Amortization of unrealized holding losses on held to maturity securities, Tax Effect	[1],[2]	(255)	(255)
Amortization of unrealized holding losses on held to maturity securities, Net-of-Tax Amount	[1],[2]	926	918
Unrealized gain on cash flow hedge, Pre-Tax Amount			1
Unrealized gain on cash flow hedge, Net-of-Tax Amount			1
Reclassification adjustment for gain included in net income, Pre-Tax Amount	[2],[3]		(214)
Reclassification adjustment for gain included in net income, Tax Effect	[2],[3]		45
Reclassification adjustment for gain included in net income, Net-of-Tax	[2],[3]		(169)
Other comprehensive income (loss), Pre-Tax Amount		1,347	996
Other comprehensive income (loss), Tax Effect		(290)	(217)
Net current period other comprehensive income (loss)		1,057	779
Total comprehensive income (loss), Pre-Tax Amount		2,903	2,976
Total comprehensive income (loss), Tax Effect		(491)	(464)
Total comprehensive income (loss), Net-of-Tax Amount		$ 2,412	$ 2,512
[1] Amounts included in interest income on the Consolidated Statements of Income. Income tax amounts are included in the provision for income taxes on the Consolidated Statements of 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 (Unaudited) - USD ($) $ in Thousands	Common Stock	Surplus	Retained Earnings Impact of adopting ASC 326	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Impact of adopting ASC 326	Total
Beginning balance at Dec. 31, 2022	$ 5,151	$ 24,986		$ 49,961	$ (41,867)	$ (2,538)		$ 35,693
Beginning balance, shares at Dec. 31, 2022	5,003,059
Net income				1,733				1,733
Other comprehensive income					779			779
Cash dividends at $0.22 per share				(1,101)				(1,101)
Stock-based compensation		32						32
Purchase of treasury stock						(9)		(9)
Purchase of treasury stock, shares	(569)
Treasury stock issued for stock plans		(195)				195
Treasury stock issued for stock plans, shares	11,409
Ending balance at Mar. 31, 2023	$ 5,151	24,823	$ (854)	49,739	(41,088)	(2,352)	$ (854)	36,273
Ending balance, shares at Mar. 31, 2023	5,013,899
Beginning balance at Dec. 31, 2023	$ 5,151	24,924		51,297	(38,640)	(2,595)		$ 40,137
Beginning balance, shares at Dec. 31, 2023	4,991,129							4,991,129
Net income				1,355				$ 1,355
Other comprehensive income					1,057			1,057
Cash dividends at $0.22 per share				(1,098)				(1,098)
Stock-based compensation		34						34
Purchase of treasury stock						(3)		(3)
Purchase of treasury stock, shares	(239)
Treasury stock issued for stock plans		(156)				156
Treasury stock issued for stock plans, shares	9,628
Ending balance at Mar. 31, 2024	$ 5,151	$ 24,802		$ 51,554	$ (37,583)	$ (2,442)		$ 41,482
Ending balance, shares at Mar. 31, 2024	5,000,518							5,000,518

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Consolidated Statements of Stockholders' Equity (Unaudited)
Cash dividends per share	$ 0.22	$ 0.22

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Operating activities:
Net income	$ 1,355,000	$ 1,733,000
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	120,000	243,000
Depreciation	132,000	145,000
Net amortization of securities premiums	31,000	34,000
Net amortization of loan origination costs	(14,000)	(30,000)
Deferred net loan origination costs	(105,000)	(111,000)
Amortization of intangibles	22,000	11,000
Amortization of investment in low-income housing partnerships	81,000	112,000
Net amortization of purchase fair value adjustments	0	(5,000)
Change in value of equity securities	13,000	22,000
Earnings on bank owned life insurance and annuities	(56,000)	(55,000)
Deferred income tax expense	4,000	250,000
Stock-based compensation expense	34,000	32,000
Proceeds from mortgage loans sold to others	12,000	15,000
Mortgage banking income	(10,000)	(13,000)
Increase in accrued interest receivable and other assets	(1,124,000)	(1,154,000)
(Decrease) increase in accrued interest payable and other liabilities	(1,261,000)	324,000
Net cash (used in) provided by operating activities	(766,000)	1,553,000
Investing activities:
FHLB stock	(311,000)	0
Premises and equipment	(87,000)	(47,000)
Bank owned life insurance and annuities	(3,000)	(7,000)
Maturities of and principal repayments on securities available for sale	1,060,000	1,054,000
Maturities of and principal repayments on securities held to maturity	3,144,000	3,101,000
Redemption of FHLB stock	0	348,000
Net increase in loans	(11,206,000)	(3,846,000)
Net cash (used in) provided by investing activities	(7,403,000)	603,000
Financing activities:
Net (decrease) increase in deposits	(10,627,000)	12,746,000
Net increase (decrease) in short-term borrowings and securities sold under agreements to repurchase	4,404,000	(12,888,000)
Cash dividends	(1,098,000)	(1,101,000)
Purchase of treasury stock	(3,000)	(9,000)
Net cash used in financing activities	(7,324,000)	(1,252,000)
Net (decrease) increase in cash and cash equivalents	(15,493,000)	904,000
Cash and cash equivalents at beginning of year	28,930,000	10,999,000	$ 10,999,000
Cash and cash equivalents at end of period	13,437,000	11,903,000	$ 28,930,000
Supplemental information:
Interest paid	3,054,000	1,691,000
Income tax paid	$ 315,000	$ 215,000

BASIS OF PRESENTATION AND ACCOU

BASIS OF PRESENTATION AND ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2024
BASIS OF PRESENTATION AND ACCOUNTING POLICIES
BASIS OF PRESENTATION AND ACCOUNTING POLICIES	1. BASIS OF PRESENTATION AND ACCOUNTING POLICIES The consolidated financial statements include the accounts of Juniata Valley Financial Corp. (the “Company” or “Juniata”) and its wholly owned subsidiary, The Juniata Valley Bank (the “Bank” or “JVB”). All significant intercompany accounts and transactions have been eliminated. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information. Accordingly, they do not include all the information and footnotes required by U.S. GAAP for complete consolidated financial statements. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results may differ from those estimates, and such differences could be material to the financial statements. Estimates that are particularly susceptible to material change include the determination of the allowance for credit losses, and possible impairment of goodwill and other intangible assets. In the opinion of management, all adjustments considered necessary for fair presentation have been included. Operating results for the three months ended March 31, 2024 are not necessarily indicative of the results that can be expected for the year ending December 31, 2024. For further information, refer to the consolidated financial statements and notes thereto included in Juniata Valley Financial Corp.’s Annual Report on Form 10-K/A (“Annual Report”) for the year ended December 31, 2023. The Company has evaluated events and transactions occurring subsequent to the consolidated statement of financial condition date of March 31, 2024 for items that should potentially be recognized or disclosed in these consolidated financial statements. The evaluation was conducted through the date these consolidated financial statements were issued.

RECENT ACCOUNTING STANDARDS UPD

RECENT ACCOUNTING STANDARDS UPDATES	3 Months Ended
	Mar. 31, 2024
RECENT ACCOUNTING STANDARDS UPDATES
RECENT ACCOUNTING STANDARDS UPDATES	2. RECENT ACCOUNTING STANDARDS UPDATES Adoption of New Accounting Standards: None.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	3 Months Ended
	Mar. 31, 2024
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	3. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Components of accumulated other comprehensive income (loss), net of tax, consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ ​ Gains ​ Gains ​ Gains ​ ​ (Dollars in thousands) ​ (Losses) on ​ (Losses) on ​ (Losses) on ​ ​ ​ ​ Cash Flow ​ AFS ​ HTM ​ ​ March 31, 2024 Hedges Securities Securities Total Beginning balance, December 31, 2023 ​ $ — ​ $ (6,454) ​ $ (32,186) ​ $ (38,640) Current period other comprehensive income (loss): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income before reclassification ​ ​ — ​ ​ 131 ​ ​ — ​ ​ 131 Amounts reclassified from accumulated other comprehensive income ​ ​ — ​ ​ — ​ ​ 926 ​ ​ 926 Net current period other comprehensive income ​ — ​ 131 ​ 926 ​ 1,057 Ending balance, March 31, 2024 ​ $ — ​ $ (6,323) ​ $ (31,260) ​ $ (37,583) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ ​ Gains ​ Gains ​ Gains ​ ​ ​ (Dollars in thousands) ​ (Losses) on ​ (Losses) on ​ (Losses) on ​ ​ ​ ​ ​ Cash Flow ​ AFS ​ HTM ​ ​ ​ March 31, 2023 Hedges Securities Securities Total Beginning balance, December 31, 2022 ​ $ 211 ​ $ (6,161) ​ $ (35,917) ​ $ (41,867) Current period other comprehensive income (loss): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income before reclassification ​ ​ 1 ​ ​ 29 ​ ​ — ​ ​ 30 Amounts reclassified from accumulated other comprehensive income (loss) ​ ​ (169) ​ ​ — ​ ​ 918 ​ ​ 749 Net current period other comprehensive income (loss) ​ (168) ​ 29 ​ 918 ​ 779 Ending balance, March 31, 2023 ​ $ 43 ​ $ (6,132) ​ $ (34,999) ​ $ (41,088) ​

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2024
EARNINGS PER SHARE
EARNINGS PER SHARE	4. 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 dilutive effect on EPS 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, increasing the total number of shares outstanding. Potential common shares that may be issued by the Company relate solely to outstanding stock options and are determined using the treasury stock method. The following tables set forth the computation of basic and diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ (Amounts in thousands, except earnings per share data) ​ Three months ended March 31, ​ 2024 2023 Net income ​ $ 1,355 ​ $ 1,733 Weighted-average common shares outstanding ​ 4,995 ​ 5,008 Basic earnings per share ​ ​ 0.27 ​ ​ 0.35 ​ ​ ​ ​ ​ ​ ​ Weighted-average common shares outstanding ​ $ 4,995 ​ $ 5,008 Common stock equivalents due to effect of stock options ​ 9 ​ 10 Total weighted-average common shares and equivalents ​ $ 5,004 ​ $ 5,018 Diluted earnings per share ​ $ 0.27 ​ $ 0.35 Anti-dilutive stock options outstanding ​ 5 ​ 7 ​

SECURITIES

SECURITIES	3 Months Ended
	Mar. 31, 2024
SECURITIES
SECURITIES	5. SECURITIES Equity Securities Equity securities owned by the Company consist of common stock of various financial services providers. ASC Topic 321, Investments – Equity Securities requires all equity securities within its scope to be measured at fair value with changes in fair value recognized in net income. The Company had $1.1 million in equity securities recorded at fair value as of March 31, 2024 and December 31, 2023. The Company recorded net losses of $13,000 and $22,000 during the three months ended March 31, 2024 and 2023, respectively, due to changes in the fair value of the Company’s portfolio of equity securities during the applicable periods. 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 that are not classified as held to maturity or trading are classified as available for sale. Securities available for sale are carried at fair value, with unrealized holding gains and losses reported in other comprehensive income, net of tax. The Company’s debt securities portfolio includes primarily bonds issued by U.S. Government sponsored enterprises (approximately 17% of the investment portfolio), mortgage-backed securities issued by Government-sponsored entities and backed by residential mortgages (approximately 75%), corporate debt securities (approximately 6%) and municipal bonds (approximately 2%) as of March 31, 2024. Most of the municipal bonds are general obligation bonds with maturities or pre-refunding dates within 5 years. At each of March 31, 2024 and December 31, 2023, excluding securities of the U.S. Government and its agencies, the Company had holdings of securities from two issuers in excess of 10% of stockholders’ equity; holdings in Federal Farm Credit Bank and Pennsylvania Housing Finance securities had fair values of $11.3 million and $4.8 million, respectively, as of March 31, 2024, and $11.3 million and $4.9 million, respectively, as of December 31, 2023. The amortized cost and fair value of debt securities as of March 31, 2024 and December 31, 2023, by contractual maturity, are shown in the tables 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) March 31, 2024 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrealized ​ Unrealized Debt Securities Available for Sale Cost Value Gains Losses Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 15,500 ​ $ 14,127 ​ $ — ​ $ (1,373) ​ ​ 15,500 ​ 14,127 ​ — ​ (1,373) Obligations of state and political subdivisions ​ ​ ​ ​ Within one year ​ 500 ​ 500 ​ — ​ ​ — After one year but within five years ​ 2,518 ​ ​ 2,358 ​ ​ — ​ ​ (160) After five years but within ten years ​ ​ 4,355 ​ 3,604 ​ — ​ ​ (751) ​ ​ 7,373 ​ 6,462 ​ — ​ (911) Corporate debt securities ​ ​ ​ ​ After one year but within five years ​ 4,592 ​ ​ 4,069 ​ ​ — ​ ​ (523) After five years but within ten years ​ 13,000 ​ ​ 10,347 ​ ​ — ​ ​ (2,653) ​ ​ 17,592 ​ 14,416 ​ — ​ (3,176) Mortgage-backed securities ​ 34,178 ​ ​ 31,634 ​ ​ — ​ ​ (2,544) Total ​ $ 74,643 ​ $ 66,639 ​ $ — ​ $ (8,004) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) March 31, 2024 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrecognized ​ Unrecognized Debt Securities Held to Maturity Cost Value Gains Losses Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 21,128 ​ $ 20,967 ​ $ — ​ $ (161) After five years but within ten years ​ ​ 8,627 ​ ​ 8,514 ​ ​ — ​ ​ (113) ​ ​ ​ 29,755 ​ ​ 29,481 ​ ​ — ​ ​ (274) Mortgage-backed securities ​ ​ 168,925 ​ ​ 163,701 ​ ​ 385 ​ ​ (5,609) Total ​ $ 198,680 ​ $ 193,182 ​ $ 385 ​ $ (5,883) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2023 ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrealized ​ Unrealized Debt Securities Available for Sale ​ Cost ​ Value ​ Gains ​ Losses Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ After one year but within five years ​ $ 15,500 ​ $ 14,173 ​ $ — ​ $ (1,327) ​ ​ 15,500 ​ 14,173 ​ — ​ (1,327) Obligations of state and political subdivisions ​ ​ ​ ​ Within one year ​ 500 ​ 496 ​ — ​ ​ (4) After one year but within five years ​ 2,514 ​ ​ 2,387 ​ ​ — ​ ​ (127) After five years but within ten years ​ 4,355 ​ 3,625 ​ — ​ ​ (730) ​ ​ 7,369 ​ 6,508 ​ — ​ (861) Corporate debt securities ​ ​ ​ ​ After one year but within five years ​ 4,608 ​ ​ 4,048 ​ ​ — ​ ​ (560) After five years but within ten years ​ 13,000 ​ ​ 9,780 ​ ​ — ​ ​ (3,220) ​ ​ 17,608 ​ 13,828 ​ — ​ (3,780) Mortgage-backed securities ​ 35,257 ​ ​ 33,055 ​ ​ — ​ ​ (2,202) Total ​ $ 75,734 ​ $ 67,564 ​ $ — ​ $ (8,170) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) December 31, 2023 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrecognized ​ Unrecognized Debt Securities Held to Maturity Cost Value Gains Losses Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 15,886 ​ $ 15,984 ​ $ 104 ​ $ (6) After five years but within ten years ​ ​ 13,634 ​ ​ 13,702 ​ ​ 85 ​ ​ (17) ​ ​ ​ 29,520 ​ ​ 29,686 ​ ​ 189 ​ ​ (23) Mortgage-backed securities ​ ​ 171,124 ​ ​ 168,461 ​ ​ 1,917 ​ ​ (4,580) Total ​ $ 200,644 ​ $ 198,147 ​ $ 2,106 ​ $ (4,603) ​ Certain obligations of the U.S. Government and state and political subdivisions, as well as mortgage-backed securities 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 $177.9 million and $192.1 million on March 31, 2024 and December 31, 2023, respectively. In addition to cash received from the scheduled maturities of investment securities, some securities available for sale are sold or called at current market values during normal operations. There were no sales of securities during the three month periods ended March 31, 2024 or March 31, 2023. The following tables summarize debt securities with unrealized and unrecognized losses at March 31, 2024 and December 31, 2023, aggregated by category and length of time in a continuous unrealized loss position. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Losses at March 31, 2024 ​ ​ 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 — ​ $ — ​ $ — 3 ​ $ 14,127 ​ $ (1,373) 3 ​ $ 14,127 ​ $ (1,373) Obligations of state and political subdivisions — ​ ​ — ​ — 7 ​ ​ 5,962 ​ ​ (911) 7 ​ 5,962 ​ (911) Corporate debt securities ​ — ​ ​ — ​ ​ — 9 ​ ​ 14,416 ​ ​ (3,176) 9 ​ ​ 14,416 ​ ​ (3,176) Mortgage-backed securities — ​ ​ — ​ ​ — 33 ​ ​ 31,634 ​ ​ (2,544) 33 ​ ​ 31,634 ​ ​ (2,544) Total temporarily impaired securities available for sale — ​ $ — ​ $ — 52 ​ $ 66,139 ​ $ (8,004) 52 ​ $ 66,139 ​ $ (8,004) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Losses at December 31, 2023 ​ ​ 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 — ​ $ — ​ $ — 3 ​ $ 14,173 ​ $ (1,327) 3 ​ $ 14,173 ​ $ (1,327) Obligations of state and political subdivisions 1 ​ ​ 1,456 ​ (11) 7 ​ ​ 5,052 ​ ​ (850) 8 ​ 6,508 ​ (861) Corporate debt securities ​ — ​ ​ — ​ ​ — 9 ​ ​ 13,828 ​ ​ (3,780) 9 ​ ​ 13,828 ​ ​ (3,780) Mortgage-backed securities — ​ ​ — ​ ​ — 34 ​ ​ 33,055 ​ ​ (2,202) 34 ​ ​ 33,055 ​ ​ (2,202) Total temporarily impaired securities available for sale 1 ​ $ 1,456 ​ $ (11) 53 ​ $ 66,108 ​ $ (8,159) 54 ​ $ 67,564 ​ $ (8,170) Securities held to maturity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ 2 ​ $ 8,258 ​ $ (23) — ​ $ — ​ $ — 2 ​ $ 8,258 ​ $ (23) Mortgage-backed securities ​ 6 ​ ​ 17,894 ​ ​ (480) 16 ​ ​ 50,843 ​ ​ (4,100) 22 ​ ​ 68,737 ​ ​ (4,580) Total temporarily impaired securities held to maturity 8 ​ $ 26,152 ​ $ (503) 16 ​ $ 50,843 ​ $ (4,100) 24 ​ $ 76,995 ​ $ (4,603) Total 9 ​ $ 27,608 ​ $ (514) 69 ​ $ 116,951 ​ $ (12,259) 78 ​ $ 144,559 ​ $ (12,773) ​ ​ At March 31, 2024, three obligations of U.S. Government sponsored enterprises, seven obligations of state and political subdivisions, nine corporate debt securities, and thirty-three mortgage-backed securities available for sale had unrealized losses, all of which have been in a continuous loss position for twelve months or more. 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”) or Federal Home Loan Mortgage Corporation (“FHLMC”), which guarantees the timely payment of principal on these investments. ASC 326 made targeted changes to the accounting for credit losses on securities available for sale. The concept of other-than-temporarily impaired securities was replaced with the allowance for credit losses. Unlike held to maturity debt securities, available for sale securities are evaluated on an individual level and pooling of securities is not allowed. For available for sale debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or if it is more likely than not that it will be required to sell, the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For debt securities available for sale that do not meet the criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of the cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as credit loss expense (or reversal). Losses are charged against the allowance when management believes the uncollectibility of an available for sale security is confirmed or when either of the criteria regarding intent or requirement to sell is met. As of March 31, 2024, management determined that an immaterial credit loss existed because the decline in fair value of the available for sale debt securities was mostly attributable to changes in interest rates 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. Credit Quality Indicators ​ All the Company’s held to maturity debt securities are issued by U.S. government agencies or U.S. government-sponsored enterprises. These securities are either explicitly or implicitly guaranteed by the U.S. government, except for the Federal Farm Credit Bank securities, but all are highly rated by major rating agencies and have a long history of no credit losses. Therefore, the Company did not record an allowance for credit losses for these securities as of March 31, 2024. ​ The Company monitors the credit quality of held to maturity debt securities using credit ratings. The credit ratings are sourced from nationally recognized rating agencies. All held to maturity debt securities were current in their payment of principal and interest as of March 31, 2024. ​ The following table summarizes the amortized cost of held to maturity debt securities aggregated by credit quality indicator based on the latest information available as of March 31, 2024. ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2024 ​ AAA ​ Total Securities held to maturity ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ $ 29,755 ​ $ 29,755 Mortgage-backed securities ​ ​ 168,925 ​ ​ 168,925 ​ ​ $ 198,680 ​ $ 198,680 ​

LOANS AND RELATED ALLOWANCE FOR

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES	3 Months Ended
	Mar. 31, 2024
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES	6. LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES Loans that the Company originated and has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at the outstanding unpaid principal balances, net of any deferred fees or costs and the allowance for credit losses. Interest income on all loans, other than nonaccrual loans, is accrued over the term of the loans based on the amount of principal outstanding. Unearned income is amortized to income over the life of the loans, using the interest method. 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. The Company originates loans in the portfolio with the intent to hold them until maturity. Should the Company no longer intend to hold loans to maturity based on asset/liability management practices, the Company transfers loans from its portfolio to held for sale at fair value. Any write-down recorded upon transfer is charged against the allowance for credit losses. Any write-downs recorded after the initial transfers are recorded as a charge to other non-interest expense. Gains or losses recognized upon sale are included in gains on sales of loans, which is a component of non-interest income. Loans Held for Sale The Company has originated residential mortgage loans with the intent to sell. These individual loans are 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. 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. Late fees and ancillary fees related to loan servicing are not material. Allowance for Credit Losses (“ACL”) The Company adopted ASU 2013-13 on January 1, 2023 to calculate the ACL, which requires a projection of credit losses estimated over the contractual term of the loans, adjusted for expected prepayments when appropriate. The contractual term excludes expected extensions, renewals and modifications unless either of the following applies: management has a reasonable expectation at the reporting date that a loan modification will be executed with an individual borrower, or the extension or renewal options are included in the original or modified contract at the reporting date and not unconditionally cancellable by the Company. The allowance for credit losses is a valuation account that is deducted from the loan’s amortized cost basis to present the net amount expected to be collected on the loan. The ACL is adjusted through the provision for credit losses and reduced by net charge offs of loans. Management estimates the allowance balance using relevant available information, from internal and external sources, related to past events, current conditions and reasonable and supportable forecasts of certain macro-economic variables. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, lending personnel, delinquency trends, credit concentrations, loan review results, changes in collateral values, as well as the impact of changes in the regulatory and business environment or other relevant factors. The Company utilizes the Discounted Cash Flow (“DCF”) method to analyze most loan segments, particularly loan segments with longer average lives and regular payment structures, as it allows for the effective incorporation of a reasonable and supportable forecast in a directionally consistent and objective manner. The DCF model has two key components; a loss driver analysis combined with a cash flow analysis. The contractual cash flow is adjusted for probability of default/loss given defaults (“PD/LGD”) and prepayment speed to establish a reserve level. The prepayment and curtailment studies are updated quarterly by a third-party for each applicable pool of loans. The Company estimates losses over a four quarter forecast period using Federal Open Market Committee (“FOMC”) estimates for real GDP and unemployment rate. Based on the final values in the forecast and the uncertainty of a post-pandemic economic recovery, management has elected to revert to historical loss experience over four quarters. The economic factors considered as part of the ACL were selected after a rigorous regression analysis and model selection process. Additionally, the Company uses reasonable credit risk assumptions based on an annual report produced by Moody’s for the obligations of states and political subdivisions segment. The Weighted Average Remaining Life (“WARM”) method is used to analyze the personal loan segment, which includes revolving credit plans, automobile loans and other consumer loans, because this segment contains loans with many different structures, payment streams and collateral. The WARM method uses an average annual charge-off rate applied to the contractual term, further adjusted for estimated prepayments to determine the unadjusted historical charge-off rate for the remaining balance of assets. The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist. The Company has identified the following portfolio segments and measures the allowance for credit losses using the following methods: ​ ​ ​ ​ ​ Portfolio Segments ​ Methodology ​ Loss Drivers Commercial, financial and agricultural ​ DCF ​ National unemployment Real estate - commercial ​ DCF ​ National unemployment & national GDP Real estate - construction: ​ ​ ​ ​ 1-4 family residential construction ​ DCF ​ National unemployment & national GDP Other construction loans ​ DCF ​ National unemployment & national GDP Real estate - mortgage ​ DCF ​ National unemployment & national GDP Obligations of states and political subdivisions ​ DCF ​ Moody's report Personal ​ Remaining Life ​ Call report loss history ​ According to ASC 326, an entity may make an accounting policy election not to measure an allowance for credit losses for accrued interest receivable if the entity writes off the applicable accrued interest receivable balance in a timely manner. The Company has made the accounting policy election not to measure an allowance for credit losses for accrued interest receivable for all loan segments. Accrual of interest on loans is discontinued when the payment of principal or interest is in doubt or when a loan becomes contractually past due by 90 days or more with respect to principal or interest, except for loans that are well-secured and in the process of collection. When a loan is placed on nonaccrual status, any accrued but uncollected interest is reversed from current income. ​ ASC 326 requires the Company to establish a liability for anticipated credit losses for unfunded commitments. To accomplish this, the Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. At March 31, 2024, the Company had $63.5 million in unfunded commitments and $463,000 in anticipated credit losses in the reserve for unfunded lending commitments. At December 31, 2023, the Company had $56.0 million in unfunded commitments and $419,000 in anticipated credit losses in the reserve for unfunded lending commitments. The reserve for unfunded commitments is recorded in other liabilities on the Consolidated Statements of Financial Condition as opposed to in the ACL. Provisions to the reserve for unfunded lending commitments are recorded as other noninterest expense on the Consolidated Statements of Income. ​ The determination of the ACL is complex, and the Company makes decisions on the effects of matters that are inherently uncertain. Evaluations of the loan portfolio and individual credits require certain estimates, assumptions and judgements as to the facts and circumstances related to particular situations or credits. There may be significant changes in the ACL in future periods determined by factors prevailing at that point in time along with future forecasts. ​ ​ Risks associated with each portfolio segment are as follows: ​ 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 credit review. Commercial 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 and other methods. In underwriting commercial loans, the Company performs an analysis of the borrower’s character, capacity to repay the loan, the adequacy of the borrower’s capital and collateral and conditions affecting the borrower. Evaluation 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 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 commercial real estate 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 1-4 family residential construction loans and other construction loans, which are construction loans for purposes other than constructing 1-4 family residential properties such as land development and commercial building construction loans. ​ The Company’s 1-4 family residential construction loans are loans for constructing 1-4 family residential properties, which will secure the loan. Other 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 and estimated time to complete. In underwriting real estate - construction loans, the Company performs a thorough analysis of the financial condition of the borrower, the borrower’s credit history and, when applicable, the reliability and predictability of the cash flow generated by the project using feasibility studies, market data, and other resources. Most appraisals on properties securing real estate - construction 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 1-4 family residential mortgages and business loans secured by 1-4 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 a term up to a maximum of 25-years for both permanent structures and those under construction. The Company’s 1-4 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 20 years In underwriting 1-4 family residential real estate 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 loans made by the Company are appraised by independent fee appraisers. The Company generally requires 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 mortgage originations. Residential 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 minimal 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. Loan Portfolio Classification The following table presents the loan portfolio by class at March 31, 2024 and December 31, 2023. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ March 31, 2024 December 31, 2023 Commercial, financial and agricultural ​ $ 69,178 ​ $ 65,821 Real estate - commercial ​ ​ 236,442 ​ ​ 223,077 Real estate - construction: ​ ​ ​ ​ 1-4 family residential construction ​ ​ 5,002 ​ ​ 5,085 Other construction loans ​ ​ 45,025 ​ ​ 47,504 Real estate - mortgage ​ 160,439 ​ 162,385 Obligations of states and political subdivisions ​ ​ 16,630 ​ ​ 17,232 Personal ​ 4,000 ​ 4,290 Total ​ $ 536,716 ​ $ 525,394 ​ The following tables disclose allowance for credit loss activity by loan class for the three months ended March 31, 2024 and March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate- ​ ​ Obligations ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ ​ ​ ​ construction ​ Real estate- ​ of states ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ financial and ​ Real estate- ​ 1-4 family ​ construction ​ and political ​ Real estate- ​ ​ ​ ​ ​ ​ ​ ​ agricultural ​ commercial ​ residential ​ other ​ subdivisions ​ mortgage ​ Personal ​ Total Three Months Ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance, ​ $ 740 ​ $ 2,799 ​ $ 104 ​ $ 778 ​ $ 39 ​ $ 1,157 ​ $ 60 ​ $ 5,677 Provision for credit losses ​ 40 ​ 144 ​ 1 ​ ​ (30) ​ ​ 18 ​ ​ (50) ​ ​ (3) ​ 120 Loans charged off ​ — ​ — ​ — ​ — ​ — ​ — ​ (9) ​ (9) Recoveries collected ​ — ​ — ​ — ​ — ​ — ​ 1 ​ 3 ​ 4 Total ending allowance balance ​ $ 780 ​ $ 2,943 ​ $ 105 ​ $ 748 ​ $ 57 ​ $ 1,108 ​ $ 51 ​ $ 5,792 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate- ​ ​ Obligations ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ ​ ​ ​ construction ​ Real estate- ​ of states ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ financial and ​ Real estate- ​ 1-4 family ​ construction ​ and political ​ Real estate- ​ ​ ​ ​ ​ ​ ​ ​ agricultural ​ commercial ​ residential ​ other ​ subdivisions ​ mortgage ​ Personal ​ Total Three Months Ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance, prior to ASC 326 adoption ​ $ 297 ​ $ 1,110 ​ $ 69 ​ $ 1,077 ​ $ 54 ​ $ 1,385 ​ $ 35 ​ $ 4,027 Impact of adopting ASC 326 ​ ​ 337 ​ ​ 1,204 ​ ​ 114 ​ ​ (407) ​ ​ (9) ​ ​ (497) ​ ​ 15 ​ ​ 757 Initial allowance on loans purchased with credit deterioration ​ ​ ​ ​ ​ 106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 248 ​ ​ ​ ​ ​ 354 Provision for credit losses ​ (2) ​ 176 ​ (26) ​ ​ 101 ​ ​ — ​ ​ (23) ​ ​ 17 ​ 243 Loans charged off ​ — ​ — ​ — ​ — ​ — ​ (19) ​ (7) ​ (26) Recoveries collected ​ — ​ — ​ — ​ — ​ — ​ 18 ​ 1 ​ 19 Total ending allowance balance ​ $ 632 ​ $ 2,596 ​ $ 157 ​ $ 771 ​ $ 45 ​ $ 1,112 ​ $ 61 ​ $ 5,374 ​ There were no consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process as of March 31, 2024 or December 31, 2023. Charge-offs will occur when a confirmed loss is identified. Professional appraisals of collateral, discounted for expected selling costs, appraisal age, economic conditions and other known factors, are used to determine the charge-off amount. Under ASC 326, loans that do not share risk characteristics are not evaluated collectively and are instead individually evaluated. When management determines foreclosure is probable, expected credit losses are based on the fair value of the collateral, adjusted for selling costs as appropriate. The following table presents the amortized cost basis of collateral-dependent loans by class of loans and collateral type as of March 31, 2024. ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Real Estate Real estate - mortgage ​ $ 122 Total ​ $ 122 ​ The following table presents the amortized cost basis of collateral-dependent loans by class of loans and collateral type as of December 31, 2023. ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Real Estate Real estate - commercial ​ $ 4,877 Real estate - mortgage ​ ​ 57 Total ​ $ 4,934 ​ ​ Loans on which the accrual of interest has been discontinued are designated as non-accrual loans. Accrual of interest on loans is generally discontinued when the contractual payment of principal or interest has become 90 days past due or reasonable doubt exists as to the full, timely collection of principal or interest. However, it is the Company’s policy to continue to accrue interest on loans over 90 days past due if (1) they are guaranteed or well secured and (2) there is an effective means of timely collection in process. When a loan is placed on non-accrual status, all unpaid interest credited to income in the current year is reversed against current period income, and unpaid interest accrued in prior years is charged against the allowance for credit losses. Interest received on nonaccrual loans generally is either applied against principal or reported as interest income, according to management’s judgment as to the collectability of principal. Generally, accruals are resumed on loans only when the obligation is brought fully current with respect to interest and principal, has performed in accordance with the contractual terms for a reasonable period and the ultimate collectability of the total contractual principal and interest is no longer in doubt. The Company’s nonaccrual and charge-off policies are the same, regardless of the loan type. The following tables present the amortized cost basis of loans on nonaccrual status, including nonaccrual status loans with no allowance, and loans past due over 89 days still accruing as of March 31, 2024 and December 31, 2023, respectively. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Nonaccrual with ​ Nonaccrual with ​ Loans Past Due ​ ​ No Allowance ​ an Allowance ​ Over 89 Days As of March 31, 2024 ​ for Credit Loss ​ for Credit Loss ​ Still Accruing(1) Commercial, financial and agricultural ​ $ — ​ $ 90 ​ $ — Real estate - mortgage ​ ​ 122 ​ ​ — ​ ​ 35 Total ​ $ 122 ​ $ 90 ​ $ 35 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Nonaccrual with ​ Nonaccrual with ​ Loans Past Due ​ ​ No Allowance ​ an Allowance ​ Over 89 Days As of December 31, 2023 ​ for Credit Loss ​ for Credit Loss ​ Still Accruing(1) Commercial, financial and agricultural ​ $ — ​ $ 18 ​ $ — Real estate - commercial ​ ​ 4,877 ​ ​ — ​ ​ — Real estate - mortgage ​ ​ 57 ​ ​ — ​ ​ — Total ​ $ 4,934 ​ $ 18 ​ $ — (1) These loans are guaranteed, or well-secured, and there is an effective means of collection in process. The Company recognized no interest income on nonaccrual loans for the three months ended March 31, 2024 and $12,000 for the year ended December 31, 2023. ​ 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. Past due status is determined by the contractual terms of the loan. The following tables present the classes of the loan portfolio, summarized by the past due status as of March 31, 2024 and December 31, 2023, respectively. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ 30 ‑ 59 Days ​ 60 ‑ 89 Days ​ Than 89 Days ​ Total Past As of March 31, 2024 ​ Past Due(1) ​ Past Due ​ Past Due ​ Due Commercial, financial and agricultural ​ $ 8 ​ $ — ​ $ 72 ​ $ 80 Real estate - construction: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other construction loans ​ ​ 3 ​ — ​ — ​ 3 Real estate - mortgage ​ ​ 398 ​ ​ 3 ​ ​ 35 ​ ​ 436 Personal ​ 4 ​ 10 ​ — ​ 14 Total ​ $ 413 ​ $ 13 ​ $ 107 ​ $ 533 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ 30 ‑ 59 Days ​ 60 ‑ 89 Days ​ Than 89 Days ​ Total Past As of December 31, 2023 Past Due(1) Past Due Past Due Due Commercial, financial and agricultural ​ $ 73 ​ $ — ​ $ — ​ $ 73 Real estate - commercial ​ 117 ​ — ​ — ​ 117 Real estate - mortgage ​ 332 ​ ​ 90 ​ ​ 4 ​ 426 Personal ​ 9 ​ — ​ — ​ 9 Total ​ $ 531 ​ $ 90 ​ $ 4 ​ $ 625 (1) Loans are considered past due when the borrower is in arrears on two or more monthly payments. ​ Occasionally, the Company modifies loans to borrowers in financial difficulty by providing principal forgiveness, term extension, an other-then-insignificant payment delay or interest rate reduction. When principal forgiveness is provided, the amount of forgiveness is charged off against the allowance for credit losses. In some cases, the Company may provide multiple types of concessions on one loan. Typically, one type of concession, such as a term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted. There were no loans modified to borrowers experiencing financial difficulty during the three months ended March 31, 2024 or March 31, 2023 and, as such, there were no payment defaults on loans modified to borrowers experiencing financial difficulty during the three months ended March 31, 2024 or March 31, 2023. ​ If the Company determines a modified loan (or a portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount. ​ 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 more than $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 to be pass-rated loans. ​ The following tables present 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 March 31, 2024 and December 31, 2023, respectively. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ As of March 31, 2024 Pass Mention Substandard Doubtful Total Commercial, financial and agricultural ​ $ 64,843 ​ $ 4,245 ​ $ 18 ​ $ 72 ​ $ 69,178 Real estate - commercial ​ 221,899 ​ 13,624 ​ 919 ​ — ​ 236,442 Real estate - construction: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1-4 family residential construction ​ ​ 4,999 ​ 3 ​ — ​ — ​ 5,002 Other construction loans ​ ​ 40,156 ​ 4,869 ​ — ​ — ​ 45,025 Real estate - mortgage ​ 159,549 ​ 212 ​ 678 ​ — ​ 160,439 Obligations of states and political subdivisions ​ 16,630 ​ — ​ — ​ — ​ 16,630 Personal ​ 4,000 ​ — ​ — ​ — ​ 4,000 Total ​ $ 512,076 ​ $ 22,953 ​ $ 1,615 ​ $ 72 ​ $ 536,716 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 Pass Mention Substandard Doubtful Total Commercial, financial and agricultural ​ $ 62,952 ​ $ 2,851 ​ $ 18 ​ $ — ​ $ 65,821 Real estate - commercial ​ 203,590 ​ 13,682 ​ 5,805 ​ — ​ 223,077 Real estate - construction: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1-4 family residential construction ​ ​ 5,085 ​ ​ — ​ — ​ — ​ 5,085 Other construction loans ​ ​ 42,845 ​ ​ 4,659 ​ — ​ — ​ 47,504 Real estate - mortgage ​ 162,111 ​ 218 ​ 56 ​ — ​ 162,385 Obligations of states and political subdivisions ​ 17,232 ​ — ​ — ​ — ​ 17,232 Personal ​ 4,290 ​ — ​ — ​ — ​ 4,290 Total ​ $ 498,105 ​ $ 21,410 ​ 5,879 ​ $ — ​ $ 525,394 ​ ​ Based on the most recent analysis performed, the amortized cost basis by risk category of loans by class of loan and by origination year as of March 31, 2024 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ Revolving ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Converted ​ ​ ​ As of March 31, 2024 2024 2023 2022 2021 2020 Prior Cost Basis to Term Total Commercial, financial and agricultural: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 1,210 ​ ​ 10,704 ​ ​ 4,735 ​ ​ 11,185 ​ ​ 4,567 ​ ​ 4,310 ​ ​ 28,132 ​ $ — ​ $ 64,843 Special Mention ​ ​ — ​ ​ 68 ​ ​ 386 ​ ​ — ​ ​ — ​ ​ — ​ ​ 3,791 ​ ​ — ​ ​ 4,245 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 18 ​ ​ — ​ ​ — ​ ​ 18 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 72 ​ ​ — ​ ​ — ​ ​ 72 Total commercial, financial and agricultural loans ​ $ 1,210 ​ $ 10,772 ​ $ 5,121 ​ $ 11,185 ​ $ 4,567 ​ $ 4,400 ​ $ 31,923 ​ $ — ​ $ 69,178 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial and agricultural loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 15,940 ​ ​ 36,572 ​ ​ 53,395 ​ ​ 27,845 ​ ​ 15,691 ​ ​ 69,653 ​ ​ 2,788 ​ $ 15 ​ $ 221,899 Special Mention ​ ​ — ​ ​ — ​ ​ 4,416 ​ ​ — ​ ​ 3,915 ​ ​ 5,098 ​ ​ 195 ​ ​ — ​ ​ 13,624 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 919 ​ ​ — ​ ​ — ​ ​ 919 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total real estate - commercial loans ​ $ 15,940 ​ $ 36,572 ​ $ 57,811 ​ $ 27,845 ​ $ 19,606 ​ $ 75,670 ​ $ 2,983 ​ $ 15 ​ $ 236,442 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - construction - 1-4 family residential: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 28

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2024
GOODWILL AND OTHER INTANGIBLE ASSETS
GOODWILL AND OTHER INTANGIBLE ASSETS	7. 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 Bancorp, Inc. and, as a result, the Company carries goodwill of $3.4 million relating to the acquisition. On April 30, 2018 , the Company acquired the remainder of the outstanding common stock of Liverpool Community Bank and, as a result, the Company carries goodwill of $3.6 million relating to the acquisition. On May 12, 2023 , the Company acquired a branch office (“Path Valley”) in Spring Run, Pennsylvania. Goodwill associated with this transaction is carried at $765,000 . Total goodwill at both March 31, 2024 and December 31, 2023 was $9.8 million. 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 as of December 31, or more frequently if events and circumstances exists that indicate that a goodwill impairment test should be performed. Impairment exists when a reporting unit’s carrying value of goodwill exceeds its fair value. There was no goodwill impairment during the three months ended March 31, 2024 or March 31, 2023. Intangible Assets On November 30, 2015, a core deposit intangible in the amount of $303,000 associated with the FNBPA Bancorp, Inc. acquisition was recorded and is being amortized over a ten-year period using a sum of the years’ digits basis. Amortization expense recognized for the intangible related to the FNBPA acquisition for the three months ended March 31, 2024 and March 31, 2023 was $3,000 and $4,000, respectively. On April 30, 2018, a core deposit intangible in the amount of $289,000 associated with the Liverpool Community Bank acquisition was recorded and is being amortized over a ten-year period using a sum of the years’ digit basis. Amortization expense recognized for the intangible related to the Liverpool Community Bank acquisition for the three months ended March 31, 2024 and March 31, 2023 was $6,000 and $7,000, respectively. On May 12, 2023, a core deposit intangible in the amount of $303,000 associated with the Path Valley branch acquisition was recorded and is being amortized over a ten-year period using a sum of the years’ digit basis. Amortization expense recognized for the intangible related to the Path Valley branch acquisition for the three months ended March 31, 2024 was $13,000, while no amortization expense was recorded for the three months ended March 31, 2023. The following table shows the amortization schedule for each of the intangible assets recorded. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) Path Valley FNBPA LCB ​ ​ Acquisition ​ Acquisition ​ Acquisition ​ ​ Core ​ Core ​ Core ​ ​ Deposit ​ Deposit ​ Deposit ​ ​ Intangible ​ Intangible ​ Intangible Beginning Balance at Acquisition Date ​ $ 303 ​ $ 303 ​ $ 289 Amortization expense recorded prior to January 1, 2023 ​ — ​ 250 ​ 167 Amortization expense recorded in the twelve months ​ ​ ​ ended December 31, 2023 ​ 37 ​ 37 ​ 61 Unamortized balance as of December 31, 2023 ​ 266 ​ 16 ​ 61 Amortization expense recorded in the ​ ​ ​ ​ ​ ​ ​ three months ended March 31, 2024 ​ ​ 13 ​ ​ 3 ​ ​ 6 Unamortized balance as of March 31, 2024 ​ $ 253 ​ $ 13 ​ $ 55 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Scheduled remaining amortization expense for years ended: ​ ​ ​ ​ ​ ​ December 31, 2024 ​ $ 38 ​ $ 8 ​ $ 17 December 31, 2025 ​ ​ 46 ​ ​ 5 ​ 17 December 31, 2026 ​ 40 ​ — ​ 12 December 31, 2027 ​ 35 ​ — ​ ​ 7 December 31, 2028 ​ 29 ​ — ​ ​ 2 Thereafter ​ ​ 65 ​ ​ — ​ ​ — ​

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2024
DEPOSITS
DEPOSITS	8. DEPOSITS ​ At March 31, 2024 and December 31, 2023, time deposits that met or exceeded the FDIC insurance limit of $250,000 were $32.3 million and $33.4 million, respectively.

BORROWINGS

BORROWINGS	3 Months Ended
	Mar. 31, 2024
BORROWINGS
BORROWINGS	9. BORROWINGS Borrowings consisted of the following as of March 31, 2024 and December 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ March 31, ​ December 31, ​ 2024 2023 Securities sold under agreements to repurchase ​ $ 17,214 ​ $ 12,810 Short-term debt ​ ​ 40,000 ​ ​ 40,000 Long-term debt with FHLB ​ 20,000 ​ 20,000 ​ ​ $ 77,214 ​ $ 72,810 ​ Long-term debt is comprised only of Federal Home Loan Bank (“FHLB”) advances with an original maturity of one year or more. The following table summarizes the scheduled maturities of long-term debt as of March 31, 2024. ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Scheduled ​ Weighted Average ​ Year Maturities Interest Rate ​ 2024 ​ $ 15,000 ​ 2.29 % 2025 ​ ​ 5,000 ​ 2.41 ​ 2026 ​ ​ — — ​ 2027 ​ — — ​ 2028 ​ — — ​ Thereafter ​ ​ — ​ — ​ ​ ​ $ 20,000 2.32 % ​

STOCK COMPENSATION PLAN

STOCK COMPENSATION PLAN	3 Months Ended
	Mar. 31, 2024
STOCK COMPENSATION PLAN
STOCK COMPENSATION PLAN	10. STOCK COMPENSATION PLAN Long-Term Incentive Plan The Company maintains the 2016 Long-Term Incentive Plan (the “Plan”); the Plan 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. The Plan expanded the types of awards authorized by the 2011 Plan to include, among others, restricted stock. Under the provisions of the Plan, 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. The Plan is administered by a committee of the Board of Directors. ​ The maximum number of shares of common stock that may be issued under the Plan is 300,000 shares, and 177,100 shares remained available for grant as of March 31, 2024. Shares of common stock issued under the Plan may be treasury shares or authorized but unissued shares. Forfeited awards are returned to the pool of shares available for grant for future awards. ​ Through the three months ended March 31, 2024, 9,628 restricted shares were awarded to certain officers and all directors. Each of the awards vest after three-years, with no interim vesting. As of March 31, 2024, there was $266,000 of unrecognized compensation cost related to all non-vested restricted stock awards. This cost is expected to be recognized over the vesting period through February 2027 ​ 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 stock-based compensation expense for the three months ended March 31, 2024 and March 31, 2023 of $34,000 and $32,000, respectively. ​ ​ The following table presents a summary of the status of the Company’s non-vested restricted stock awards as of March 31, 2024. Changes during the period then ended are presented further below: ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Grant Date ​ ​ Shares ​ Fair Value Non-vested at January 1, 2024 25,322 ​ $ 16.21 Vested (6,141) ​ 16.55 Forfeited ​ — ​ ​ — Granted 9,628 ​ 12.35 Non-vested at March 31, 2024 28,809 ​ $ 14.85 ​ No stock options were awarded during the three months ended March 31, 2024. Previously granted stock options vest over a period of three ​ Total options outstanding as of March 31, 2024 have an exercise price of $17.80, and a weighted average remaining contractual life of approximately eleven months. ​ As of March 31, 2024, there was no unrecognized compensation cost related to options granted under the Plan, and no options were exercised under the Plan during the period. ​ A summary of the status of the outstanding stock options as of March 31, 2024, and changes during the period then ended, is presented below: ​ ​ ​ ​ ​ ​ ​ ​ 2024 ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Exercise ​ ​ Shares ​ Price Outstanding at beginning of year 50,425 ​ $ 17.76 Granted — ​ — Exercised — ​ — Expired (24,225) ​ 17.72 Outstanding at end of year 26,200 ​ $ 17.80 ​ Employee Stock Purchase Plan The Company has an Employee Stock Purchase Plan under which employees, through payroll deductions, may 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 no shares issued from treasury under this plan during the three months ended March 31, 2024 and 2023, respectively. As of March 31, 2024, there were 152,420 shares reserved for issuance under the Employee Stock Purchase Plan.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	3 Months Ended
	Mar. 31, 2024
FAIR VALUE MEASUREMENT
FAIR VALUE MEASUREMENT	11. 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 instruction 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 that 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 assets and liabilities measured at fair value, as well as the general classification of such assets and liabilities 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 and 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. Equity Securities – Debt Securities – Other Real Estate Owned – Mortgage Servicing Rights The following tables summarize financial assets and financial liabilities measured at fair value as of March 31, 2024 and December 31, 2023 segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value. There were no assets measured at fair value on a non-recurring basis as of March 31, 2024 or December 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant ​ ​ ​ (Dollars in thousands) ​ Active Markets ​ Other ​ Other ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ March 31, 2024 ​ 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 ​ $ — ​ $ 14,127 ​ $ — ​ $ 14,127 Obligations of state and political subdivisions ​ — ​ 6,462 ​ — ​ 6,462 Corporate debt securities ​ ​ — ​ ​ 7,922 ​ ​ 6,494 ​ ​ 14,416 Mortgage-backed securities ​ — ​ 31,634 ​ — ​ 31,634 Total debt securities available for sale ​ $ — ​ $ 60,145 ​ $ 6,494 ​ $ 66,639 Equity securities ​ $ 1,060 ​ $ — ​ $ — ​ $ 1,060 Mortgage servicing rights ​ $ — ​ $ — ​ $ 81 ​ $ 81 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant ​ ​ ​ (Dollars in thousands) ​ Active Markets ​ Other ​ Other ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ December 31, 2023 ​ 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 ​ $ — ​ $ 14,173 ​ $ — ​ $ 14,173 Obligations of state and political subdivisions ​ — ​ 6,508 ​ — ​ 6,508 Corporate debt securities ​ ​ — ​ ​ 7,675 ​ ​ 6,153 ​ ​ 13,828 Mortgage-backed securities ​ — ​ 33,055 ​ — ​ 33,055 Total debt securities available for sale ​ $ — ​ $ 61,411 ​ $ 6,153 ​ $ 67,564 Equity securities ​ $ 1,073 ​ $ — ​ $ — ​ $ 1,073 Mortgage servicing rights ​ $ — ​ $ — ​ $ 83 ​ $ 83 ​ 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 three month periods ended March 31, 2024 and 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended (Dollars in thousands) ​ March 31, ​ ​ 2024 ​ 2023 Investment Securities: ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 6,153 ​ $ 7,145 Total gain (loss) included in OCI ​ ​ 341 ​ ​ (496) Purchases ​ ​ — ​ ​ — Principal payments and other ​ ​ — ​ ​ — Sales ​ ​ — ​ ​ — Balance, end of period ​ $ 6,494 ​ $ 6,649 ​ 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 reported 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 subsequent to 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 quarter 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) ​ March 31, 2024 ​ December 31, 2023 ​ Carrying Fair Carrying Fair ​ ​ Value ​ Value ​ Value ​ Value Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 5,085 ​ $ 5,085 ​ $ 17,189 ​ $ 17,189 Interest bearing deposits with banks ​ 8,352 ​ 8,352 ​ 11,741 ​ 11,741 Debt securities available for sale ​ 66,639 ​ 66,639 ​ 67,564 ​ 67,564 Debt securities held to maturity ​ ​ 198,680 ​ ​ 193,182 ​ ​ 200,644 ​ ​ 198,147 Loans, net of allowance for credit losses ​ 530,924 ​ 511,280 ​ 519,717 ​ 500,439 Accrued interest receivable ​ 2,621 ​ 2,621 ​ 2,438 ​ 2,438 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ Time deposits ​ $ 198,177 ​ $ 194,800 ​ $ 197,387 ​ $ 194,219 Securities sold under agreements to repurchase ​ 17,214 ​ N/A ​ 12,810 ​ N/A Short-term borrowings ​ 40,000 ​ 39,853 ​ 40,000 ​ 39,868 Long-term debt ​ 20,000 ​ 19,748 ​ 20,000 ​ 19,638 Other interest bearing liabilities ​ 884 ​ 880 ​ 951 ​ 947 Accrued interest payable ​ 1,809 ​ 1,809 ​ 1,397 ​ 1,397 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 March 31, 2024 and December 31, 2023. The 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 March 31, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial instruments – Assets ​ ​ ​ ​ ​ Debt securities held to maturity ​ $ 198,680 ​ $ 193,182 ​ $ — ​ $ 193,182 ​ $ — Loans, net of allowance for credit losses ​ ​ 530,924 ​ ​ 511,280 ​ ​ — ​ ​ — ​ ​ 511,280 Financial instruments – Liabilities ​ ​ ​ ​ ​ ​ ​ ​ Time deposits ​ $ 198,177 ​ $ 194,800 ​ $ — ​ $ 194,800 ​ $ — Short-term borrowings ​ ​ 40,000 ​ ​ 39,853 ​ ​ — ​ ​ 39,853 ​ — Long-term debt ​ 20,000 ​ 19,748 ​ — ​ 19,748 ​ — Other interest bearing liabilities ​ 884 ​ 880 ​ — ​ 880 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (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, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial instruments – Assets ​ ​ ​ ​ ​ Debt securities held to maturity ​ $ 200,644 ​ $ 198,147 ​ $ — ​ $ 198,147 ​ $ — Loans, net of allowance for credit losses ​ 519,717 ​ ​ 500,439 ​ ​ — ​ ​ — ​ ​ 500,439 Financial instruments – Liabilities ​ ​ ​ ​ ​ ​ ​ ​ Time deposits ​ $ 197,387 ​ $ 194,219 ​ $ — ​ $ 194,219 ​ $ — Short-term borrowings ​ ​ 40,000 ​ ​ 39,868 ​ ​ — ​ ​ 39,868 ​ ​ — Long-term debt ​ 20,000 ​ 19,638 ​ — ​ 19,638 ​ — Other interest bearing liabilities ​ 951 ​ 947 ​ — ​ 947 ​ — ​

COMMITMENTS, CONTINGENT LIABILI

COMMITMENTS, CONTINGENT LIABILITIES AND GUARANTEES	3 Months Ended
	Mar. 31, 2024
COMMITMENTS, CONTINGENT LIABILITIES AND GUARANTEES
COMMITMENTS, CONTINGENT LIABILITIES AND GUARANTEES	12. COMMITMENTS, CONTINGENT LIABILITIES AND GUARANTEES In the ordinary course of business, the Company makes commitments to extend credit to its customers through letters of credit, loan commitments and lines of credit. At March 31, 2024, the Company had $139.7 million outstanding in loan commitments and other unused lines of credit extended to its customers as compared to $137.4 million at December 31, 2023. The Company does not issue any guarantees that would require liability recognition or disclosure, other than its letters of credit. Letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third-party. Generally, financial and performance letters of credit have expiration dates within one year of issuance, while commercial letters of credit have longer term commitments. The credit risk involved in issuing letters of credit is essentially the same as the risks that are involved in extending loan facilities to customers. The Company generally holds collateral and/or personal guarantees supporting these commitments. The Company had outstanding $3.7 million and $3.6 million of financial and performance letters of credit commitments as of March 31, 2024 and December 31, 2023, respectively. Commercial letters of credit as of March 31, 2024 and December 31, 2023 totaled $10.4 million and $9.3 million, respectively. Management believes the proceeds obtained through a liquidation of collateral and the enforcement of guarantees would be sufficient to cover the potential number of future payments required under the corresponding guarantees. The amount of the liability as of March 31, 2024 for payments under letters of credit issued was not material. Because these instruments have fixed maturity dates, and because many of them will expire without being drawn upon, they do not generally present any significant liquidity risk. 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. The FHLB has no obligation to commit to purchase any mortgage loans through, or from, the Company.

DERIVATIVES

DERIVATIVES	3 Months Ended
	Mar. 31, 2024
DERIVATIVES
DERIVATIVES	13. DERIVATIVES The Company may use interest rate swap agreements as part of its asset liability management strategy to help manage its interest rate risk position. The Company had no interest rate swaps as of March 31, 2024 and December 31, 2023. In April 2023, the Company’s remaining interest rate swap with a notional amount of $20.0 million designated as a cash flow hedge on a short-term FHLB advance matured. Changes in the fair value of the swap were recorded in other comprehensive income. The interest rate swap was determined to be fully effective during the 2023 period and, as such, no amount of ineffectiveness was included in net income . The effect of cash flow hedge accounting on accumulated other comprehensive income for the period ended December 31, 2023 was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2023 ​ Amount of Gain Location of Gain Amount of Gain ​ ​ Recognized in ​ Reclassified ​ Reclassified from ​ ​ OCI on Derivatives ​ from OCI into Income ​ OCI into Income Interest rate contract ​ $ 2 ​ Interest expense on short-term borrowings and repurchase agreements ​ $ (269) Total ​ $ 2 ​ ​ ​ $ (269) ​ The gain recognized into income for the cash flow hedging relationship on the Consolidated Statements of Income was $214,000 for the three months ended March 31, 2023.

BRANCH ACQUISITION

BRANCH ACQUISITION	3 Months Ended
	Mar. 31, 2024
BRANCH ACQUISITION
BRANCH ACQUISITION	14. BRANCH ACQUISITION On May 12, 2023, the Company completed the acquisition of a branch office in Spring Run, Pennsylvania. The acquisition included real estate and deposits. The liabilities were recorded on the balance sheet at their estimated fair values as of May 12, 2023, and their results of operations of the branch have been included in the Consolidated Statement of Income since such date. Included in the purchase price of the branch was goodwill and core deposit intangible of $765,000 and $303,000 , respectively. The core deposit intangible is being amortized over a ten-year period using a sum of the years’ digit basis. The goodwill will not be amortized but will be measured annually for impairment. The following table summarizes the estimated fair value of the assets acquired and liabilities assumed: ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ Cash received at settlement ​ $ 17,384 Fixed assets ​ ​ 248 Goodwill ​ ​ 765 Core deposit intangible ​ ​ 303 Other assets purchased ​ ​ 3 ​ ​ $ 18,703 Liabilities: ​ ​ ​ Deposits purchased ​ $ 18,697 Other liabilities assumed ​ ​ 6 ​ ​ $ 18,703 ​ The estimated fair values of the assets and liabilities, including identifiable intangible assets, are subject to refinement. Subsequent adjustments to the estimated fair values of assets and liabilities acquired, and the resulting goodwill, is allowed for a period of up to one year after the acquisition date for new information that becomes available reflecting circumstances at the acquisition date.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2024
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	15. SUBSEQUENT EVENTS On April 16, 2024, the Board of Directors declared a cash dividend of $0.22 per share to shareholders of record on May 17, 2024, payable on May 31, 2024. ​

RECENT ACCOUNTING STANDARDS U_2

RECENT ACCOUNTING STANDARDS UPDATES (Policy)	3 Months Ended
	Mar. 31, 2024
RECENT ACCOUNTING STANDARDS UPDATES
Adoption of New Accounting Standards	Adoption of New Accounting Standards: None.

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	3 Months Ended
	Mar. 31, 2024
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Components of Accumulated Other Comprehensive Income (Loss)	Components of accumulated other comprehensive income (loss), net of tax, consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ ​ Gains ​ Gains ​ Gains ​ ​ (Dollars in thousands) ​ (Losses) on ​ (Losses) on ​ (Losses) on ​ ​ ​ ​ Cash Flow ​ AFS ​ HTM ​ ​ March 31, 2024 Hedges Securities Securities Total Beginning balance, December 31, 2023 ​ $ — ​ $ (6,454) ​ $ (32,186) ​ $ (38,640) Current period other comprehensive income (loss): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income before reclassification ​ ​ — ​ ​ 131 ​ ​ — ​ ​ 131 Amounts reclassified from accumulated other comprehensive income ​ ​ — ​ ​ — ​ ​ 926 ​ ​ 926 Net current period other comprehensive income ​ — ​ 131 ​ 926 ​ 1,057 Ending balance, March 31, 2024 ​ $ — ​ $ (6,323) ​ $ (31,260) ​ $ (37,583) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ ​ Gains ​ Gains ​ Gains ​ ​ ​ (Dollars in thousands) ​ (Losses) on ​ (Losses) on ​ (Losses) on ​ ​ ​ ​ ​ Cash Flow ​ AFS ​ HTM ​ ​ ​ March 31, 2023 Hedges Securities Securities Total Beginning balance, December 31, 2022 ​ $ 211 ​ $ (6,161) ​ $ (35,917) ​ $ (41,867) Current period other comprehensive income (loss): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income before reclassification ​ ​ 1 ​ ​ 29 ​ ​ — ​ ​ 30 Amounts reclassified from accumulated other comprehensive income (loss) ​ ​ (169) ​ ​ — ​ ​ 918 ​ ​ 749 Net current period other comprehensive income (loss) ​ (168) ​ 29 ​ 918 ​ 779 Ending balance, March 31, 2023 ​ $ 43 ​ $ (6,132) ​ $ (34,999) ​ $ (41,088) ​

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2024
EARNINGS PER SHARE
Computation of Basic and Diluted Earnings per Share	The following tables set forth the computation of basic and diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ (Amounts in thousands, except earnings per share data) ​ Three months ended March 31, ​ 2024 2023 Net income ​ $ 1,355 ​ $ 1,733 Weighted-average common shares outstanding ​ 4,995 ​ 5,008 Basic earnings per share ​ ​ 0.27 ​ ​ 0.35 ​ ​ ​ ​ ​ ​ ​ Weighted-average common shares outstanding ​ $ 4,995 ​ $ 5,008 Common stock equivalents due to effect of stock options ​ 9 ​ 10 Total weighted-average common shares and equivalents ​ $ 5,004 ​ $ 5,018 Diluted earnings per share ​ $ 0.27 ​ $ 0.35 Anti-dilutive stock options outstanding ​ 5 ​ 7 ​

SECURITIES (Tables)

SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2024
SECURITIES
Schedule of Debt Securities Available for Sale and Held to Maturity	The amortized cost and fair value of debt securities as of March 31, 2024 and December 31, 2023, by contractual maturity, are shown in the tables 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) March 31, 2024 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrealized ​ Unrealized Debt Securities Available for Sale Cost Value Gains Losses Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 15,500 ​ $ 14,127 ​ $ — ​ $ (1,373) ​ ​ 15,500 ​ 14,127 ​ — ​ (1,373) Obligations of state and political subdivisions ​ ​ ​ ​ Within one year ​ 500 ​ 500 ​ — ​ ​ — After one year but within five years ​ 2,518 ​ ​ 2,358 ​ ​ — ​ ​ (160) After five years but within ten years ​ ​ 4,355 ​ 3,604 ​ — ​ ​ (751) ​ ​ 7,373 ​ 6,462 ​ — ​ (911) Corporate debt securities ​ ​ ​ ​ After one year but within five years ​ 4,592 ​ ​ 4,069 ​ ​ — ​ ​ (523) After five years but within ten years ​ 13,000 ​ ​ 10,347 ​ ​ — ​ ​ (2,653) ​ ​ 17,592 ​ 14,416 ​ — ​ (3,176) Mortgage-backed securities ​ 34,178 ​ ​ 31,634 ​ ​ — ​ ​ (2,544) Total ​ $ 74,643 ​ $ 66,639 ​ $ — ​ $ (8,004) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) March 31, 2024 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrecognized ​ Unrecognized Debt Securities Held to Maturity Cost Value Gains Losses Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 21,128 ​ $ 20,967 ​ $ — ​ $ (161) After five years but within ten years ​ ​ 8,627 ​ ​ 8,514 ​ ​ — ​ ​ (113) ​ ​ ​ 29,755 ​ ​ 29,481 ​ ​ — ​ ​ (274) Mortgage-backed securities ​ ​ 168,925 ​ ​ 163,701 ​ ​ 385 ​ ​ (5,609) Total ​ $ 198,680 ​ $ 193,182 ​ $ 385 ​ $ (5,883) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2023 ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrealized ​ Unrealized Debt Securities Available for Sale ​ Cost ​ Value ​ Gains ​ Losses Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ After one year but within five years ​ $ 15,500 ​ $ 14,173 ​ $ — ​ $ (1,327) ​ ​ 15,500 ​ 14,173 ​ — ​ (1,327) Obligations of state and political subdivisions ​ ​ ​ ​ Within one year ​ 500 ​ 496 ​ — ​ ​ (4) After one year but within five years ​ 2,514 ​ ​ 2,387 ​ ​ — ​ ​ (127) After five years but within ten years ​ 4,355 ​ 3,625 ​ — ​ ​ (730) ​ ​ 7,369 ​ 6,508 ​ — ​ (861) Corporate debt securities ​ ​ ​ ​ After one year but within five years ​ 4,608 ​ ​ 4,048 ​ ​ — ​ ​ (560) After five years but within ten years ​ 13,000 ​ ​ 9,780 ​ ​ — ​ ​ (3,220) ​ ​ 17,608 ​ 13,828 ​ — ​ (3,780) Mortgage-backed securities ​ 35,257 ​ ​ 33,055 ​ ​ — ​ ​ (2,202) Total ​ $ 75,734 ​ $ 67,564 ​ $ — ​ $ (8,170) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) December 31, 2023 ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ Amortized ​ Fair ​ Unrecognized ​ Unrecognized Debt Securities Held to Maturity Cost Value Gains Losses Obligations of U.S. Government sponsored enterprises ​ ​ ​ ​ ​ After one year but within five years ​ $ 15,886 ​ $ 15,984 ​ $ 104 ​ $ (6) After five years but within ten years ​ ​ 13,634 ​ ​ 13,702 ​ ​ 85 ​ ​ (17) ​ ​ ​ 29,520 ​ ​ 29,686 ​ ​ 189 ​ ​ (23) Mortgage-backed securities ​ ​ 171,124 ​ ​ 168,461 ​ ​ 1,917 ​ ​ (4,580) Total ​ $ 200,644 ​ $ 198,147 ​ $ 2,106 ​ $ (4,603)
Schedule of Gross Unrealized Losses and Fair Value	The following tables summarize debt securities with unrealized and unrecognized losses at March 31, 2024 and December 31, 2023, aggregated by category and length of time in a continuous unrealized loss position. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Losses at March 31, 2024 ​ ​ 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 — ​ $ — ​ $ — 3 ​ $ 14,127 ​ $ (1,373) 3 ​ $ 14,127 ​ $ (1,373) Obligations of state and political subdivisions — ​ ​ — ​ — 7 ​ ​ 5,962 ​ ​ (911) 7 ​ 5,962 ​ (911) Corporate debt securities ​ — ​ ​ — ​ ​ — 9 ​ ​ 14,416 ​ ​ (3,176) 9 ​ ​ 14,416 ​ ​ (3,176) Mortgage-backed securities — ​ ​ — ​ ​ — 33 ​ ​ 31,634 ​ ​ (2,544) 33 ​ ​ 31,634 ​ ​ (2,544) Total temporarily impaired securities available for sale — ​ $ — ​ $ — 52 ​ $ 66,139 ​ $ (8,004) 52 ​ $ 66,139 ​ $ (8,004) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized Losses at December 31, 2023 ​ ​ 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 — ​ $ — ​ $ — 3 ​ $ 14,173 ​ $ (1,327) 3 ​ $ 14,173 ​ $ (1,327) Obligations of state and political subdivisions 1 ​ ​ 1,456 ​ (11) 7 ​ ​ 5,052 ​ ​ (850) 8 ​ 6,508 ​ (861) Corporate debt securities ​ — ​ ​ — ​ ​ — 9 ​ ​ 13,828 ​ ​ (3,780) 9 ​ ​ 13,828 ​ ​ (3,780) Mortgage-backed securities — ​ ​ — ​ ​ — 34 ​ ​ 33,055 ​ ​ (2,202) 34 ​ ​ 33,055 ​ ​ (2,202) Total temporarily impaired securities available for sale 1 ​ $ 1,456 ​ $ (11) 53 ​ $ 66,108 ​ $ (8,159) 54 ​ $ 67,564 ​ $ (8,170) Securities held to maturity ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ 2 ​ $ 8,258 ​ $ (23) — ​ $ — ​ $ — 2 ​ $ 8,258 ​ $ (23) Mortgage-backed securities ​ 6 ​ ​ 17,894 ​ ​ (480) 16 ​ ​ 50,843 ​ ​ (4,100) 22 ​ ​ 68,737 ​ ​ (4,580) Total temporarily impaired securities held to maturity 8 ​ $ 26,152 ​ $ (503) 16 ​ $ 50,843 ​ $ (4,100) 24 ​ $ 76,995 ​ $ (4,603) Total 9 ​ $ 27,608 ​ $ (514) 69 ​ $ 116,951 ​ $ (12,259) 78 ​ $ 144,559 ​ $ (12,773)
Schedule of amortized cost of held to maturity debt securities by credit quality indicator	​ The following table summarizes the amortized cost of held to maturity debt securities aggregated by credit quality indicator based on the latest information available as of March 31, 2024. ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2024 ​ AAA ​ Total Securities held to maturity ​ ​ ​ ​ ​ ​ Obligations of U.S. Government sponsored enterprises ​ $ 29,755 ​ $ 29,755 Mortgage-backed securities ​ ​ 168,925 ​ ​ 168,925 ​ ​ $ 198,680 ​ $ 198,680 ​

LOANS AND RELATED ALLOWANCE F_2

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Tables)	3 Months Ended
	Mar. 31, 2024
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES
Loan Portfolio by Class	The following table presents the loan portfolio by class at March 31, 2024 and December 31, 2023. ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ March 31, 2024 December 31, 2023 Commercial, financial and agricultural ​ $ 69,178 ​ $ 65,821 Real estate - commercial ​ ​ 236,442 ​ ​ 223,077 Real estate - construction: ​ ​ ​ ​ 1-4 family residential construction ​ ​ 5,002 ​ ​ 5,085 Other construction loans ​ ​ 45,025 ​ ​ 47,504 Real estate - mortgage ​ 160,439 ​ 162,385 Obligations of states and political subdivisions ​ ​ 16,630 ​ ​ 17,232 Personal ​ 4,000 ​ 4,290 Total ​ $ 536,716 ​ $ 525,394
Activity in the Allowance for Loan Losses by Loan Class	The following tables disclose allowance for credit loss activity by loan class for the three months ended March 31, 2024 and March 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate- ​ ​ Obligations ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ ​ ​ ​ construction ​ Real estate- ​ of states ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ financial and ​ Real estate- ​ 1-4 family ​ construction ​ and political ​ Real estate- ​ ​ ​ ​ ​ ​ ​ ​ agricultural ​ commercial ​ residential ​ other ​ subdivisions ​ mortgage ​ Personal ​ Total Three Months Ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance, ​ $ 740 ​ $ 2,799 ​ $ 104 ​ $ 778 ​ $ 39 ​ $ 1,157 ​ $ 60 ​ $ 5,677 Provision for credit losses ​ 40 ​ 144 ​ 1 ​ ​ (30) ​ ​ 18 ​ ​ (50) ​ ​ (3) ​ 120 Loans charged off ​ — ​ — ​ — ​ — ​ — ​ — ​ (9) ​ (9) Recoveries collected ​ — ​ — ​ — ​ — ​ — ​ 1 ​ 3 ​ 4 Total ending allowance balance ​ $ 780 ​ $ 2,943 ​ $ 105 ​ $ 748 ​ $ 57 ​ $ 1,108 ​ $ 51 ​ $ 5,792 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate- ​ ​ Obligations ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, ​ ​ ​ ​ construction ​ Real estate- ​ of states ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ financial and ​ Real estate- ​ 1-4 family ​ construction ​ and political ​ Real estate- ​ ​ ​ ​ ​ ​ ​ ​ agricultural ​ commercial ​ residential ​ other ​ subdivisions ​ mortgage ​ Personal ​ Total Three Months Ended ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance, prior to ASC 326 adoption ​ $ 297 ​ $ 1,110 ​ $ 69 ​ $ 1,077 ​ $ 54 ​ $ 1,385 ​ $ 35 ​ $ 4,027 Impact of adopting ASC 326 ​ ​ 337 ​ ​ 1,204 ​ ​ 114 ​ ​ (407) ​ ​ (9) ​ ​ (497) ​ ​ 15 ​ ​ 757 Initial allowance on loans purchased with credit deterioration ​ ​ ​ ​ ​ 106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 248 ​ ​ ​ ​ ​ 354 Provision for credit losses ​ (2) ​ 176 ​ (26) ​ ​ 101 ​ ​ — ​ ​ (23) ​ ​ 17 ​ 243 Loans charged off ​ — ​ — ​ — ​ — ​ — ​ (19) ​ (7) ​ (26) Recoveries collected ​ — ​ — ​ — ​ — ​ — ​ 18 ​ 1 ​ 19 Total ending allowance balance ​ $ 632 ​ $ 2,596 ​ $ 157 ​ $ 771 ​ $ 45 ​ $ 1,112 ​ $ 61 ​ $ 5,374 ​
Schedule of collateral dependent loans	The following table presents the amortized cost basis of collateral-dependent loans by class of loans and collateral type as of March 31, 2024. ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Real Estate Real estate - mortgage ​ $ 122 Total ​ $ 122 ​ The following table presents the amortized cost basis of collateral-dependent loans by class of loans and collateral type as of December 31, 2023. ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Real Estate Real estate - commercial ​ $ 4,877 Real estate - mortgage ​ ​ 57 Total ​ $ 4,934
Nonaccrual Loans by Classes of the Loan Portfolio	The following tables present the amortized cost basis of loans on nonaccrual status, including nonaccrual status loans with no allowance, and loans past due over 89 days still accruing as of March 31, 2024 and December 31, 2023, respectively. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Nonaccrual with ​ Nonaccrual with ​ Loans Past Due ​ ​ No Allowance ​ an Allowance ​ Over 89 Days As of March 31, 2024 ​ for Credit Loss ​ for Credit Loss ​ Still Accruing(1) Commercial, financial and agricultural ​ $ — ​ $ 90 ​ $ — Real estate - mortgage ​ ​ 122 ​ ​ — ​ ​ 35 Total ​ $ 122 ​ $ 90 ​ $ 35 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Nonaccrual with ​ Nonaccrual with ​ Loans Past Due ​ ​ No Allowance ​ an Allowance ​ Over 89 Days As of December 31, 2023 ​ for Credit Loss ​ for Credit Loss ​ Still Accruing(1) Commercial, financial and agricultural ​ $ — ​ $ 18 ​ $ — Real estate - commercial ​ ​ 4,877 ​ ​ — ​ ​ — Real estate - mortgage ​ ​ 57 ​ ​ — ​ ​ — Total ​ $ 4,934 ​ $ 18 ​ $ — (1) These loans are guaranteed, or well-secured, and there is an effective means of collection in process.
Loan Portfolio Summarized by the Past Due Status	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ 30 ‑ 59 Days ​ 60 ‑ 89 Days ​ Than 89 Days ​ Total Past As of March 31, 2024 ​ Past Due(1) ​ Past Due ​ Past Due ​ Due Commercial, financial and agricultural ​ $ 8 ​ $ — ​ $ 72 ​ $ 80 Real estate - construction: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other construction loans ​ ​ 3 ​ — ​ — ​ 3 Real estate - mortgage ​ ​ 398 ​ ​ 3 ​ ​ 35 ​ ​ 436 Personal ​ 4 ​ 10 ​ — ​ 14 Total ​ $ 413 ​ $ 13 ​ $ 107 ​ $ 533 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ 30 ‑ 59 Days ​ 60 ‑ 89 Days ​ Than 89 Days ​ Total Past As of December 31, 2023 Past Due(1) Past Due Past Due Due Commercial, financial and agricultural ​ $ 73 ​ $ — ​ $ — ​ $ 73 Real estate - commercial ​ 117 ​ — ​ — ​ 117 Real estate - mortgage ​ 332 ​ ​ 90 ​ ​ 4 ​ 426 Personal ​ 9 ​ — ​ — ​ 9 Total ​ $ 531 ​ $ 90 ​ $ 4 ​ $ 625 (1) Loans are considered past due when the borrower is in arrears on two or more monthly payments. ​
Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating	​ The following tables present 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 March 31, 2024 and December 31, 2023, respectively. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ As of March 31, 2024 Pass Mention Substandard Doubtful Total Commercial, financial and agricultural ​ $ 64,843 ​ $ 4,245 ​ $ 18 ​ $ 72 ​ $ 69,178 Real estate - commercial ​ 221,899 ​ 13,624 ​ 919 ​ — ​ 236,442 Real estate - construction: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1-4 family residential construction ​ ​ 4,999 ​ 3 ​ — ​ — ​ 5,002 Other construction loans ​ ​ 40,156 ​ 4,869 ​ — ​ — ​ 45,025 Real estate - mortgage ​ 159,549 ​ 212 ​ 678 ​ — ​ 160,439 Obligations of states and political subdivisions ​ 16,630 ​ — ​ — ​ — ​ 16,630 Personal ​ 4,000 ​ — ​ — ​ — ​ 4,000 Total ​ $ 512,076 ​ $ 22,953 ​ $ 1,615 ​ $ 72 ​ $ 536,716 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2023 Pass Mention Substandard Doubtful Total Commercial, financial and agricultural ​ $ 62,952 ​ $ 2,851 ​ $ 18 ​ $ — ​ $ 65,821 Real estate - commercial ​ 203,590 ​ 13,682 ​ 5,805 ​ — ​ 223,077 Real estate - construction: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1-4 family residential construction ​ ​ 5,085 ​ ​ — ​ — ​ — ​ 5,085 Other construction loans ​ ​ 42,845 ​ ​ 4,659 ​ — ​ — ​ 47,504 Real estate - mortgage ​ 162,111 ​ 218 ​ 56 ​ — ​ 162,385 Obligations of states and political subdivisions ​ 17,232 ​ — ​ — ​ — ​ 17,232 Personal ​ 4,290 ​ — ​ — ​ — ​ 4,290 Total ​ $ 498,105 ​ $ 21,410 ​ 5,879 ​ $ — ​ $ 525,394 ​ ​ Based on the most recent analysis performed, the amortized cost basis by risk category of loans by class of loan and by origination year as of March 31, 2024 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ Revolving ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Converted ​ ​ ​ As of March 31, 2024 2024 2023 2022 2021 2020 Prior Cost Basis to Term Total Commercial, financial and agricultural: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 1,210 ​ ​ 10,704 ​ ​ 4,735 ​ ​ 11,185 ​ ​ 4,567 ​ ​ 4,310 ​ ​ 28,132 ​ $ — ​ $ 64,843 Special Mention ​ ​ — ​ ​ 68 ​ ​ 386 ​ ​ — ​ ​ — ​ ​ — ​ ​ 3,791 ​ ​ — ​ ​ 4,245 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 18 ​ ​ — ​ ​ — ​ ​ 18 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 72 ​ ​ — ​ ​ — ​ ​ 72 Total commercial, financial and agricultural loans ​ $ 1,210 ​ $ 10,772 ​ $ 5,121 ​ $ 11,185 ​ $ 4,567 ​ $ 4,400 ​ $ 31,923 ​ $ — ​ $ 69,178 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial and agricultural loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 15,940 ​ ​ 36,572 ​ ​ 53,395 ​ ​ 27,845 ​ ​ 15,691 ​ ​ 69,653 ​ ​ 2,788 ​ $ 15 ​ $ 221,899 Special Mention ​ ​ — ​ ​ — ​ ​ 4,416 ​ ​ — ​ ​ 3,915 ​ ​ 5,098 ​ ​ 195 ​ ​ — ​ ​ 13,624 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 919 ​ ​ — ​ ​ — ​ ​ 919 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total real estate - commercial loans ​ $ 15,940 ​ $ 36,572 ​ $ 57,811 ​ $ 27,845 ​ $ 19,606 ​ $ 75,670 ​ $ 2,983 ​ $ 15 ​ $ 236,442 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - construction - 1-4 family residential: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 282 ​ ​ 1,305 ​ ​ 3,412 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ $ 4,999 Special Mention ​ ​ — ​ ​ — ​ ​ 3 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 3 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total real estate - construction - 1-4 family residential loans ​ $ 282 ​ $ 1,305 ​ $ 3,415 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 5,002 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - construction - 1-4 family residential: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - construction - other: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 64 ​ ​ 5,603 ​ ​ 7,792 ​ ​ 13,907 ​ ​ 2,332 ​ ​ 3,113 ​ ​ 7,203 ​ ​ 142 ​ $ 40,156 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 4,641 ​ ​ 228 ​ ​ ​ ​ ​ ​ ​ ​ 4,869 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ — Total real estate - construction - other loans ​ $ 64 ​ $ 5,603 ​ $ 7,792 ​ $ 13,907 ​ $ 6,973 ​ $ 3,341 ​ $ 7,203 ​ $ 142 ​ $ 45,025 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - construction - other: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ Revolving ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Converted ​ ​ ​ As of March 31, 2024 (cont.) 2024 2023 2022 2021 2020 Prior Cost Basis to Term Total Real estate - mortgage: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 2,660 ​ ​ 26,247 ​ ​ 42,317 ​ ​ 18,410 ​ ​ 14,050 ​ ​ 47,724 ​ ​ 7,859 ​ ​ 282 ​ $ 159,549 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 212 ​ ​ — ​ ​ — ​ ​ 212 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 678 ​ ​ — ​ ​ — ​ ​ 678 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ — ​ ​ — ​ ​ — Total real estate - mortgage loans ​ $ 2,660 ​ $ 26,247 ​ $ 42,317 ​ $ 18,410 ​ $ 14,050 ​ $ 48,614 ​ $ 7,859 ​ $ 282 ​ $ 160,439 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - mortgage: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of states and political subdivisions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 1,226 ​ ​ 643 ​ ​ 3,866 ​ ​ 2,283 ​ ​ 4,926 ​ ​ 3,686 ​ ​ — ​ ​ — ​ $ 16,630 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total Obligations of states and political subdivisions ​ $ 1,226 ​ $ 643 ​ $ 3,866 ​ $ 2,283 ​ $ 4,926 ​ $ 3,686 ​ $ — ​ $ — ​ $ 16,630 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of states and political subdivisions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Personal: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 354 ​ ​ 2,044 ​ ​ 906 ​ ​ 286 ​ ​ 60 ​ ​ 241 ​ ​ 87 ​ ​ 22 ​ $ 4,000 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total personal loans ​ $ 354 ​ $ 2,044 ​ $ 906 ​ $ 286 ​ $ 60 ​ $ 241 ​ $ 87 ​ $ 22 ​ $ 4,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Personal: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ (9) ​ $ — ​ $ — ​ $ (9) The amortized cost basis by risk category of loans by class of loan and by origination year as of December 31, 2023 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ Revolving ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Converted ​ ​ ​ As of December 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Commercial, financial and agricultural: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 10,750 ​ $ 5,123 ​ $ 11,793 ​ $ 4,971 ​ $ 3,903 ​ $ 830 ​ $ 25,582 ​ $ — ​ $ 62,952 Special Mention ​ ​ 70 ​ ​ 414 ​ ​ — ​ ​ — ​ ​ 72 ​ ​ — ​ ​ 2,295 ​ ​ — ​ ​ 2,851 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 18 ​ ​ — ​ ​ — ​ ​ 18 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total commercial, financial and agricultural loans ​ $ 10,820 ​ $ 5,537 ​ $ 11,793 ​ $ 4,971 ​ $ 3,975 ​ $ 848 ​ $ 27,877 ​ $ — ​ $ 65,821 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial, financial and agricultural loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 36,375 ​ $ 53,927 ​ $ 23,561 ​ $ 15,952 ​ $ 17,606 ​ $ 53,465 ​ $ 2,688 ​ $ 16 ​ $ 203,590 Special Mention ​ ​ — ​ ​ 4,469 ​ ​ — ​ ​ 3,894 ​ ​ 211 ​ ​ 4,909 ​ ​ 199 ​ ​ — ​ ​ 13,682 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ 4,877 ​ ​ — ​ ​ 928 ​ ​ — ​ ​ — ​ ​ 5,805 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total real estate - commercial loans ​ $ 36,375 ​ $ 58,396 ​ $ 23,561 ​ $ 24,723 ​ $ 17,817 ​ $ 59,302 ​ $ 2,887 ​ $ 16 ​ $ 223,077 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - commercial: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - construction - 1-4 family residential: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 1,674 ​ $ 3,411 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 5,085 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total real estate - construction - 1-4 family residential loans ​ $ 1,674 ​ $ 3,411 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 5,085 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - construction - 1-4 family residential: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - construction - other: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 5,254 ​ $ 7,405 ​ $ 17,928 ​ $ 2,354 ​ $ 276 ​ $ 3,088 ​ $ 6,390 ​ $ 150 ​ $ 42,845 Special Mention ​ ​ — ​ ​ — ​ ​ 2 ​ ​ 4,657 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 4,659 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total real estate - construction - other loans ​ $ 5,254 ​ $ 7,405 ​ $ 17,930 ​ $ 7,011 ​ $ 276 ​ $ 3,088 ​ $ 6,390 ​ $ 150 ​ $ 47,504 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - construction - other: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ Revolving ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Converted ​ ​ ​ As of December 31, 2023 (cont.) 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Real estate - mortgage: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 27,062 ​ $ 43,005 ​ $ 19,173 ​ $ 14,577 ​ $ 5,524 ​ $ 44,359 ​ $ 8,084 ​ $ 327 ​ $ 162,111 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 218 ​ ​ — ​ ​ — ​ ​ 218 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 56 ​ ​ — ​ ​ — ​ ​ 56 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total real estate - mortgage loans ​ $ 27,062 ​ $ 43,005 ​ $ 19,173 ​ $ 14,577 ​ $ 5,524 ​ $ 44,633 ​ $ 8,084 ​ $ 327 ​ $ 162,385 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Real estate - mortgage: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ (19) ​ $ — ​ $ — ​ $ (19) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of states and political subdivisions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 350 ​ $ 3,876 ​ $ 2,413 ​ $ 5,094 ​ $ 12 ​ $ 5,486 ​ $ 1 ​ $ — ​ $ 17,232 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total Obligations of states and political subdivisions ​ $ 350 ​ $ 3,876 ​ $ 2,413 ​ $ 5,094 ​ $ 12 ​ $ 5,486 ​ $ 1 ​ $ — ​ $ 17,232 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of states and political subdivisions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Personal: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Risk Rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 2,385 ​ $ 1,093 ​ $ 362 ​ $ 87 ​ $ 63 ​ $ 187 ​ $ 91 ​ $ 22 ​ $ 4,290 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total personal loans ​ $ 2,385 ​ $ 1,093 ​ $ 362 ​ $ 87 ​ $ 63 ​ $ 187 ​ $ 91 ​ $ 22 ​ $ 4,290 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Personal: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current period gross write offs ​ $ (4) ​ $ (2) ​ $ — ​ $ (4) ​ $ — ​ $ (18) ​ $ — ​ $ — ​ $ (28) ​

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2024
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) Path Valley FNBPA LCB ​ ​ Acquisition ​ Acquisition ​ Acquisition ​ ​ Core ​ Core ​ Core ​ ​ Deposit ​ Deposit ​ Deposit ​ ​ Intangible ​ Intangible ​ Intangible Beginning Balance at Acquisition Date ​ $ 303 ​ $ 303 ​ $ 289 Amortization expense recorded prior to January 1, 2023 ​ — ​ 250 ​ 167 Amortization expense recorded in the twelve months ​ ​ ​ ended December 31, 2023 ​ 37 ​ 37 ​ 61 Unamortized balance as of December 31, 2023 ​ 266 ​ 16 ​ 61 Amortization expense recorded in the ​ ​ ​ ​ ​ ​ ​ three months ended March 31, 2024 ​ ​ 13 ​ ​ 3 ​ ​ 6 Unamortized balance as of March 31, 2024 ​ $ 253 ​ $ 13 ​ $ 55 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Scheduled remaining amortization expense for years ended: ​ ​ ​ ​ ​ ​ December 31, 2024 ​ $ 38 ​ $ 8 ​ $ 17 December 31, 2025 ​ ​ 46 ​ ​ 5 ​ 17 December 31, 2026 ​ 40 ​ — ​ 12 December 31, 2027 ​ 35 ​ — ​ ​ 7 December 31, 2028 ​ 29 ​ — ​ ​ 2 Thereafter ​ ​ 65 ​ ​ — ​ ​ — ​

BORROWINGS (Tables)

BORROWINGS (Tables)	3 Months Ended
	Mar. 31, 2024
BORROWINGS
Schedule of borrowings	Borrowings consisted of the following as of March 31, 2024 and December 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ March 31, ​ December 31, ​ 2024 2023 Securities sold under agreements to repurchase ​ $ 17,214 ​ $ 12,810 Short-term debt ​ ​ 40,000 ​ ​ 40,000 Long-term debt with FHLB ​ 20,000 ​ 20,000 ​ ​ $ 77,214 ​ $ 72,810
Scheduled maturities of long-term debt	Long-term debt is comprised only of Federal Home Loan Bank (“FHLB”) advances with an original maturity of one year or more. The following table summarizes the scheduled maturities of long-term debt as of March 31, 2024. ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ Scheduled ​ Weighted Average ​ Year Maturities Interest Rate ​ 2024 ​ $ 15,000 ​ 2.29 % 2025 ​ ​ 5,000 ​ 2.41 ​ 2026 ​ ​ — — ​ 2027 ​ — — ​ 2028 ​ — — ​ Thereafter ​ ​ — ​ — ​ ​ ​ $ 20,000 2.32 % ​

STOCK COMPENSATION PLAN (Tables

STOCK COMPENSATION PLAN (Tables)	3 Months Ended
	Mar. 31, 2024
STOCK COMPENSATION PLAN
Summary of non-vested restricted shares activity	​ ​ The following table presents a summary of the status of the Company’s non-vested restricted stock awards as of March 31, 2024. Changes during the period then ended are presented further below: ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Grant Date ​ ​ Shares ​ Fair Value Non-vested at January 1, 2024 25,322 ​ $ 16.21 Vested (6,141) ​ 16.55 Forfeited ​ — ​ ​ — Granted 9,628 ​ 12.35 Non-vested at March 31, 2024 28,809 ​ $ 14.85
Schedule of stock options activity	A summary of the status of the outstanding stock options as of March 31, 2024, and changes during the period then ended, is presented below: ​ ​ ​ ​ ​ ​ ​ ​ 2024 ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Exercise ​ ​ Shares ​ Price Outstanding at beginning of year 50,425 ​ $ 17.76 Granted — ​ — Exercised — ​ — Expired (24,225) ​ 17.72 Outstanding at end of year 26,200 ​ $ 17.80

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023 segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value. There were no assets measured at fair value on a non-recurring basis as of March 31, 2024 or December 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant ​ ​ ​ (Dollars in thousands) ​ Active Markets ​ Other ​ Other ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ March 31, 2024 ​ 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 ​ $ — ​ $ 14,127 ​ $ — ​ $ 14,127 Obligations of state and political subdivisions ​ — ​ 6,462 ​ — ​ 6,462 Corporate debt securities ​ ​ — ​ ​ 7,922 ​ ​ 6,494 ​ ​ 14,416 Mortgage-backed securities ​ — ​ 31,634 ​ — ​ 31,634 Total debt securities available for sale ​ $ — ​ $ 60,145 ​ $ 6,494 ​ $ 66,639 Equity securities ​ $ 1,060 ​ $ — ​ $ — ​ $ 1,060 Mortgage servicing rights ​ $ — ​ $ — ​ $ 81 ​ $ 81 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Level 1) (Level 2) (Level 3) ​ ​ ​ ​ Quoted Prices in ​ Significant ​ Significant ​ ​ ​ (Dollars in thousands) ​ Active Markets ​ Other ​ Other ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ ​ December 31, 2023 ​ 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 ​ $ — ​ $ 14,173 ​ $ — ​ $ 14,173 Obligations of state and political subdivisions ​ — ​ 6,508 ​ — ​ 6,508 Corporate debt securities ​ ​ — ​ ​ 7,675 ​ ​ 6,153 ​ ​ 13,828 Mortgage-backed securities ​ — ​ 33,055 ​ — ​ 33,055 Total debt securities available for sale ​ $ — ​ $ 61,411 ​ $ 6,153 ​ $ 67,564 Equity securities ​ $ 1,073 ​ $ — ​ $ — ​ $ 1,073 Mortgage servicing rights ​ $ — ​ $ — ​ $ 83 ​ $ 83
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 three month periods ended March 31, 2024 and 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended (Dollars in thousands) ​ March 31, ​ ​ 2024 ​ 2023 Investment Securities: ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 6,153 ​ $ 7,145 Total gain (loss) included in OCI ​ ​ 341 ​ ​ (496) Purchases ​ ​ — ​ ​ — Principal payments and other ​ ​ — ​ ​ — Sales ​ ​ — ​ ​ — Balance, end of period ​ $ 6,494 ​ $ 6,649
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) ​ March 31, 2024 ​ December 31, 2023 ​ Carrying Fair Carrying Fair ​ ​ Value ​ Value ​ Value ​ Value Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 5,085 ​ $ 5,085 ​ $ 17,189 ​ $ 17,189 Interest bearing deposits with banks ​ 8,352 ​ 8,352 ​ 11,741 ​ 11,741 Debt securities available for sale ​ 66,639 ​ 66,639 ​ 67,564 ​ 67,564 Debt securities held to maturity ​ ​ 198,680 ​ ​ 193,182 ​ ​ 200,644 ​ ​ 198,147 Loans, net of allowance for credit losses ​ 530,924 ​ 511,280 ​ 519,717 ​ 500,439 Accrued interest receivable ​ 2,621 ​ 2,621 ​ 2,438 ​ 2,438 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial liabilities: ​ ​ ​ ​ Time deposits ​ $ 198,177 ​ $ 194,800 ​ $ 197,387 ​ $ 194,219 Securities sold under agreements to repurchase ​ 17,214 ​ N/A ​ 12,810 ​ N/A Short-term borrowings ​ 40,000 ​ 39,853 ​ 40,000 ​ 39,868 Long-term debt ​ 20,000 ​ 19,748 ​ 20,000 ​ 19,638 Other interest bearing liabilities ​ 884 ​ 880 ​ 951 ​ 947 Accrued interest payable ​ 1,809 ​ 1,809 ​ 1,397 ​ 1,397 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 March 31, 2024 and December 31, 2023. The 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 March 31, 2024 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial instruments – Assets ​ ​ ​ ​ ​ Debt securities held to maturity ​ $ 198,680 ​ $ 193,182 ​ $ — ​ $ 193,182 ​ $ — Loans, net of allowance for credit losses ​ ​ 530,924 ​ ​ 511,280 ​ ​ — ​ ​ — ​ ​ 511,280 Financial instruments – Liabilities ​ ​ ​ ​ ​ ​ ​ ​ Time deposits ​ $ 198,177 ​ $ 194,800 ​ $ — ​ $ 194,800 ​ $ — Short-term borrowings ​ ​ 40,000 ​ ​ 39,853 ​ ​ — ​ ​ 39,853 ​ — Long-term debt ​ 20,000 ​ 19,748 ​ — ​ 19,748 ​ — Other interest bearing liabilities ​ 884 ​ 880 ​ — ​ 880 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (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, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial instruments – Assets ​ ​ ​ ​ ​ Debt securities held to maturity ​ $ 200,644 ​ $ 198,147 ​ $ — ​ $ 198,147 ​ $ — Loans, net of allowance for credit losses ​ 519,717 ​ ​ 500,439 ​ ​ — ​ ​ — ​ ​ 500,439 Financial instruments – Liabilities ​ ​ ​ ​ ​ ​ ​ ​ Time deposits ​ $ 197,387 ​ $ 194,219 ​ $ — ​ $ 194,219 ​ $ — Short-term borrowings ​ ​ 40,000 ​ ​ 39,868 ​ ​ — ​ ​ 39,868 ​ ​ — Long-term debt ​ 20,000 ​ 19,638 ​ — ​ 19,638 ​ — Other interest bearing liabilities ​ 951 ​ 947 ​ — ​ 947 ​ — ​

DERIVATIVES (Tables)

DERIVATIVES (Tables)	3 Months Ended
	Mar. 31, 2024
DERIVATIVES
Schedule of Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income	The effect of cash flow hedge accounting on accumulated other comprehensive income for the period ended December 31, 2023 was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (Dollars in thousands) ​ December 31, 2023 ​ Amount of Gain Location of Gain Amount of Gain ​ ​ Recognized in ​ Reclassified ​ Reclassified from ​ ​ OCI on Derivatives ​ from OCI into Income ​ OCI into Income Interest rate contract ​ $ 2 ​ Interest expense on short-term borrowings and repurchase agreements ​ $ (269) Total ​ $ 2 ​ ​ ​ $ (269)

BRANCH ACQUISITION (Tables)

BRANCH ACQUISITION (Tables)	3 Months Ended
	Mar. 31, 2024
BRANCH ACQUISITION
Summary of estimated fair value of the assets acquired and liabilities assumed	​ ​ ​ ​ ​ (Dollars in thousands) ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ Cash received at settlement ​ $ 17,384 Fixed assets ​ ​ 248 Goodwill ​ ​ 765 Core deposit intangible ​ ​ 303 Other assets purchased ​ ​ 3 ​ ​ $ 18,703 Liabilities: ​ ​ ​ Deposits purchased ​ $ 18,697 Other liabilities assumed ​ ​ 6 ​ ​ $ 18,703

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Beginning balance	$ 40,137	$ 35,693
Net current period other comprehensive income (loss)	1,057	779
Ending balance	41,482	36,273
Gains (Losses) on Cash Flow Hedges
Beginning balance		211
Other comprehensive income before reclassification		1
Amounts reclassified from accumulated other comprehensive income (loss)		(169)
Net current period other comprehensive income (loss)		(168)
Ending balance		43
Unrealized Gains (Losses) on AFS Securities
Beginning balance	(6,454)	(6,161)
Other comprehensive income before reclassification	131	29
Net current period other comprehensive income (loss)	131	29
Ending balance	(6,323)	(6,132)
Unrealized Gains (Losses) on HTM Securities
Beginning balance	(32,186)	(35,917)
Other comprehensive income before reclassification		0
Amounts reclassified from accumulated other comprehensive income (loss)	926	918
Net current period other comprehensive income (loss)	926	918
Ending balance	(31,260)	(34,999)
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(38,640)	(41,867)
Other comprehensive income before reclassification	131	30
Amounts reclassified from accumulated other comprehensive income (loss)	926	749
Net current period other comprehensive income (loss)	1,057	779
Ending balance	$ (37,583)	$ (41,088)

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	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
EARNINGS PER SHARE
Net income	$ 1,355	$ 1,733
Weighted-average common shares outstanding	4,995	5,008
Basic earnings per share	$ 0.27	$ 0.35
Common stock equivalents due to effect of stock options	9	10
Total weighted-average common shares and equivalents	5,004	5,018
Diluted earnings per share	$ 0.27	$ 0.35
Anti-dilutive stock options outstanding	5	7

SECURITIES (Details)

SECURITIES (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Debt securities available for sale	$ 66,639,000		$ 67,564,000
Carrying value of pledged assets	177,900,000		192,100,000
Equity securities	1,060,000		1,073,000
Held-to-maturity securities	198,680,000		200,644,000
Realized gain (loss) on equity securities	(13,000)	$ (22,000)
Proceeds from sales or calls of securities	$ 0	$ 0
Mortgage-Backed Securities
Investment portfolio percentage	75%
Held-to-maturity securities	$ 168,925,000
Obligations of U.S. Government Agencies and Corporations
Investment portfolio percentage	17%
Debt securities available for sale	$ 14,127,000		14,173,000
Held-to-maturity securities	$ 29,755,000		29,520,000
Corporate Debt Securities
Investment portfolio percentage	6%
Debt securities available for sale	$ 14,416,000		13,828,000
Obligations of State and Political Subdivisions
Investment portfolio percentage	2%
Debt securities available for sale	$ 6,462,000		6,508,000
Debt Securities Maturity Term	5 years
Federal Farm Credit Bank
Available-for-sale and held-to-maturity securities greater than 10% of stockholders equity	$ 11,300,000		11,300,000
Pennsylvania Housing Finance
Available-for-sale and held-to-maturity securities greater than 10% of stockholders equity	$ 4,800,000		$ 4,900,000

SECURITIES (Debt Securities Ava

SECURITIES (Debt Securities Available for Sale) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Schedule of Available-for-sale Securities
Amortized Cost of AFS Securities, Total	$ 74,643	$ 75,734
Gross Unrealized Gains on AFS Securities, Total	0	0
Gross Unrealized Losses on AFS Securities, Total	(8,004)	(8,170)
Obligations of U.S. Government Agencies and Corporations
Schedule of Available-for-sale Securities
Amortized Cost of AFS Securities Maturing After One Year But Within Five Years	15,500	15,500
Amortized Cost of AFS Securities, Total	15,500	15,500
Fair Value of AFS Securities Maturing After One Year But Within Five Years	14,127	14,173
Gross Unrealized Gains on AFS Securities Maturing After One Year But Within Five Years	0	0
Gross Unrealized Gains on AFS Securities, Total	0	0
Gross Unrealized Losses on AFS Securities Maturing After One Year But Within Five Years	(1,373)	(1,327)
Gross Unrealized Losses on AFS Securities, Total	(1,373)	(1,327)
Obligations of State and Political Subdivisions
Schedule of Available-for-sale Securities
Amortized Cost of AFS Securities Maturing Within One Year	500	500
Amortized Cost of AFS Securities Maturing After One Year But Within Five Years	2,518	2,514
Amortized Cost of AFS Securities Maturing After Five Years But Within Ten Years	4,355	4,355
Amortized Cost of AFS Securities, Total	7,373	7,369
Fair Value of AFS Securities Maturing Within One Year	500	496
Fair Value of AFS Securities Maturing After One Year But Within Five Years	2,358	2,387
Fair Value of AFS Securities Maturing After Five Years But Within Ten Years	3,604	3,625
Gross Unrealized Gains on AFS Securities Maturing Within One Year	0	0
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	0
Gross Unrealized Gains on AFS Securities, Total	0	0
Gross Unrealized Losses On AFS Securities Maturing Within One Year		(4)
Gross Unrealized Losses on AFS Securities Maturing After One Year But Within Five Years	(160)	(127)
Gross Unrealized Losses on AFS Securities Maturing After Five Years But Within Ten Years	(751)	(730)
Gross Unrealized Losses on AFS Securities, Total	(911)	(861)
Corporate Debt Securities
Schedule of Available-for-sale Securities
Amortized Cost of AFS Securities Maturing After One Year But Within Five Years	4,592	4,608
Amortized Cost of AFS Securities Maturing After Five Years But Within Ten Years	13,000	13,000
Amortized Cost of AFS Securities, Total	17,592	17,608
Fair Value of AFS Securities Maturing After One Year But Within Five Years	4,069	4,048
Fair Value of AFS Securities Maturing After Five Years But Within Ten Years	10,347	9,780
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	0
Gross Unrealized Gains on AFS Securities, Total	0	0
Gross Unrealized Losses on AFS Securities Maturing After One Year But Within Five Years	(523)	(560)
Gross Unrealized Losses on AFS Securities Maturing After Five Years But Within Ten Years	(2,653)	(3,220)
Gross Unrealized Losses on AFS Securities, Total	(3,176)	(3,780)
Mortgage-Backed Securities
Schedule of Available-for-sale Securities
Amortized Cost of AFS Securities Without Single Maturity Date	34,178	35,257
Fair Value of AFS Securities Without Single Maturity Date	31,634	33,055
Gross Unrealized Gains on AFS Securities Without Single Maturity Date	0	0
Gross Unrealized Losses on AFS Securities Without Single Maturity Date	$ (2,544)	$ (2,202)

SECURITIES (Held to Maturity) (

SECURITIES (Held to Maturity) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Schedule of Held-to-Maturity Securities
Amortized Cost of HTM Securities, Total	$ 198,680	$ 200,644
Fair Value of HTM Securities, Total	193,182	198,147
Gross Unrealized Gains on HTM Securities, Total	385	2,106
Gross Unrealized Losses on HTM Securities, Total	(5,883)	(4,603)
Obligations of U.S. Government Agencies and Corporations
Schedule of Held-to-Maturity Securities
Amortized Cost of HTM Securities Maturing After One Year But Within Five Years	21,128	15,886
Amortized Cost of HTM Securities Maturing After Five Years But Within Ten Years	8,627	13,634
Amortized Cost of HTM Securities, Total	29,755	29,520
Fair Value of HTM Securities Maturing After One Year But Within Five Years	20,967	15,984
Fair Value of HTM Securities Maturing After Five Years But Within Ten Years	8,514	13,702
Fair Value of HTM Securities, Total	29,481	29,686
Gross Unrealized Gains on HTM Securities Maturing After one year but within five years		104
Gross Unrealized Gains on HTM Securities Maturing After five years but within ten years		85
Gross Unrealized Gains on HTM Securities, Total		189
Gross Unrealized Losses on HTM Securities Maturing After one year but within five years	(161)	(6)
Gross Unrealized Losses on HTM Securities Maturing After five years but within ten years	(113)	(17)
Gross Unrealized Losses on HTM Securities, Total	(274)	(23)
Mortgage-Backed Securities
Schedule of Held-to-Maturity Securities
Amortized Cost of HTM Securities, Total	168,925
Amortized Cost of HTM Securities Without Single Maturity Date	168,925	171,124
Fair Value of HTM Securities Without Single Maturity Date	163,701	168,461
Gross Unrealized Gains on HTM Securities Without Single Maturity Date	385	1,917
Gross Unrealized Losses on HTM Securities Without Single Maturity Date	$ (5,609)	$ (4,580)

SECURITIES (Summary of Proceeds

SECURITIES (Summary of Proceeds Received from Sales or Calls of Available for Sale Securities) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
SECURITIES
Gross proceeds from sales and calls of securities	$ 0	$ 0

SECURITIES (Schedule of Unreali

SECURITIES (Schedule of Unrealized Losses) (Details) $ in Thousands	Mar. 31, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Schedule of Available-for-sale Securities
Number of Securities, Less Than 12 Months | security		1
Fair Value, Less Than 12 Months		$ 1,456
Unrealized Losses, Less Than 12 Months		$ (11)
Number of Securities, 12 Months or More | security	52	53
Fair Value, 12 Months or More	$ 66,139	$ 66,108
Unrealized Losses, 12 Months or More	$ (8,004)	$ (8,159)
Number of Securities, Total | security	52	54
Fair Value, Total	$ 66,139	$ 67,564
Unrealized Losses, Total	$ (8,004)	$ (8,170)
Number of Securities, Less Than 12 Months. | security		8
Fair Value, Less Than 12 Months		$ 26,152
Unrealized Losses, Less Than 12 Months		$ (503)
Number of Securities, 12 Months or More | security		16
Fair Value, 12 Months or More		$ 50,843
Unrealized Losses, 12 Months or More		$ (4,100)
Number of Securities, Total | security		24
Fair Value, Total		$ 76,995
Unrealized Losses, Total		$ (4,603)
Number of Securities, Less Than 12 Months. | security		9
Fair Value, Less Than 12 Months		$ 27,608
Unrealized Losses, Less Than 12 Months		$ (514)
Number of Securities, 12 Months or More | security		(69)
Fair Value, 12 Months or More		$ 116,951
Unrealized Losses, 12 Months or More		$ (12,259)
Number of Securities, Total | security		78
Fair Value, Total		$ 144,559
Unrealized Losses, Total		$ (12,773)
Obligations of U.S. Government Agencies and Corporations
Schedule of Available-for-sale Securities
Number of Securities, 12 Months or More | security	3	3
Fair Value, 12 Months or More	$ 14,127	$ 14,173
Unrealized Losses, 12 Months or More	$ (1,373)	$ (1,327)
Number of Securities, Total | security	3	3
Fair Value, Total	$ 14,127	$ 14,173
Unrealized Losses, Total	$ (1,373)	$ (1,327)
Number of Securities, Less Than 12 Months. | security		2
Fair Value, Less Than 12 Months		$ 8,258
Unrealized Losses, Less Than 12 Months		$ (23)
Number of Securities, 12 Months or More | security		0
Fair Value, 12 Months or More		$ 0
Unrealized Losses, 12 Months or More		$ 0
Number of Securities, Total | security		2
Fair Value, Total		$ 8,258
Unrealized Losses, Total		$ (23)
Obligations of State and Political Subdivisions
Schedule of Available-for-sale Securities
Number of Securities, Less Than 12 Months | security		1
Fair Value, Less Than 12 Months		$ 1,456
Unrealized Losses, Less Than 12 Months		$ (11)
Number of Securities, 12 Months or More | security	7	7
Fair Value, 12 Months or More	$ 5,962	$ 5,052
Unrealized Losses, 12 Months or More	$ (911)	$ (850)
Number of Securities, Total | security	7	8
Fair Value, Total	$ 5,962	$ 6,508
Unrealized Losses, Total	$ (911)	$ (861)
Corporate Debt Securities
Schedule of Available-for-sale Securities
Number of Securities, 12 Months or More | security	9	9
Fair Value, 12 Months or More	$ 14,416	$ 13,828
Unrealized Losses, 12 Months or More	$ (3,176)	$ (3,780)
Number of Securities, Total | security	9	9
Fair Value, Total	$ 14,416	$ 13,828
Unrealized Losses, Total	$ (3,176)	$ (3,780)
Mortgage-Backed Securities
Schedule of Available-for-sale Securities
Number of Securities, 12 Months or More | security	33	34
Fair Value, 12 Months or More	$ 31,634	$ 33,055
Unrealized Losses, 12 Months or More	$ (2,544)	$ (2,202)
Number of Securities, Total | security	33	34
Fair Value, Total	$ 31,634	$ 33,055
Unrealized Losses, Total	$ (2,544)	$ (2,202)
Number of Securities, Less Than 12 Months. | security		6
Fair Value, Less Than 12 Months		$ 17,894
Unrealized Losses, Less Than 12 Months		$ (480)
Number of Securities, 12 Months or More | security		16
Fair Value, 12 Months or More		$ 50,843
Unrealized Losses, 12 Months or More		$ (4,100)
Number of Securities, Total | security		22
Fair Value, Total		$ 68,737
Unrealized Losses, Total		$ (4,580)

SECURITIES (Aggregation by cred

SECURITIES (Aggregation by credit quality indicator) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Schedule of Held-to-Maturity Securities
Amortized Cost of HTM Securities, Total	$ 198,680	$ 200,644
Obligations of U.S. Government Agencies and Corporations
Schedule of Held-to-Maturity Securities
Amortized Cost of HTM Securities, Total	29,755	$ 29,520
Mortgage-Backed Securities
Schedule of Held-to-Maturity Securities
Amortized Cost of HTM Securities, Total	168,925
Fitch, AAA Rating
Schedule of Held-to-Maturity Securities
Amortized Cost of HTM Securities, Total	198,680
Fitch, AAA Rating | Obligations of U.S. Government Agencies and Corporations
Schedule of Held-to-Maturity Securities
Amortized Cost of HTM Securities, Total	29,755
Fitch, AAA Rating | Mortgage-Backed Securities
Schedule of Held-to-Maturity Securities
Amortized Cost of HTM Securities, Total	$ 168,925

LOANS AND RELATED ALLOWANCE F_3

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Allowance for Credit Losses
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 more than $50,000.
Interest income on nonaccrual loans	$ 0	$ 12,000
Unfunded commitments	63,500,000	56,000,000
Unfunded commitments, allowance for credit loss	$ 463,000	419,000
Home Equity Lines of Credit
Financing Receivable, Allowance for Credit Losses
Maximum loan-to-value ratio	90%
Home Equity Installments
Financing Receivable, Allowance for Credit Losses
Maximum loan-to-value ratio	80%
Commercial Portfolio Segment | Commercial Loan
Financing Receivable, Allowance for Credit Losses
Maximum loan-to-value ratio	80%
Commercial Portfolio Segment | Home Equity Lines of Credit
Financing Receivable, Allowance for Credit Losses
Loan period for lending, maximum	20 years
Commercial Portfolio Segment | Home Equity Installments
Financing Receivable, Allowance for Credit Losses
Loan period for lending, maximum	15 years
Consumer Portfolio Segment | Mortgage Loan
Financing Receivable, Allowance for Credit Losses
Maximum loan-to-value ratio	80%
Loan period for lending, maximum	25 years
Loan balance in the process of foreclosure	$ 0	$ 0
Real Estate Portfolio Segment | Commercial Loan
Financing Receivable, Allowance for Credit Losses
Loan period for lending, maximum	20 years

LOANS AND RELATED ALLOWANCE F_4

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Loan Portfolio by Class) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	$ 536,716	$ 525,394
Commercial, Financial and Agricultural | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	69,178	65,821
Commercial Loan | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	236,442	223,077
1-4 family residential construction | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	5,002	5,085
Other construction loans | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	45,025	47,504
Mortgage Loan | Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	160,439	162,385
Obligations of State and Political Subdivisions | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	16,630	17,232
Personal Loan | Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	$ 4,000	$ 4,290

LOANS AND RELATED ALLOWANCE F_5

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Allowance for Credit Loss Activity By Loan Class) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 5,677
Initial allowance on loans purchased with credit deterioration		$ 354
Credit loss expense	120	243
Loans charged off	(9)	(26)
Recoveries collected	4	19
Total ending allowance balance	5,792	5,374
Prior adaption
Beginning Balance		4,027
Impact of adopting ASC 326
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		757
Commercial, Financial and Agricultural | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	740
Credit loss expense	40	(2)
Total ending allowance balance	780	632
Prior adaption
Beginning Balance		297
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Impact of adopting ASC 326
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		337
Commercial Loan | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	2,799
Initial allowance on loans purchased with credit deterioration		106
Credit loss expense	144	176
Total ending allowance balance	2,943	2,596
Prior adaption
Beginning Balance		1,110
Commercial Loan | Commercial Portfolio Segment | Impact of adopting ASC 326
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		1,204
1-4 family residential construction | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	104
Credit loss expense	1	(26)
Total ending allowance balance	105	157
Prior adaption
Beginning Balance		69
1-4 family residential construction | Commercial Portfolio Segment | Impact of adopting ASC 326
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		114
Other construction loans | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	778
Credit loss expense	(30)	101
Total ending allowance balance	748	771
Prior adaption
Beginning Balance		1,077
Other construction loans | Commercial Portfolio Segment | Impact of adopting ASC 326
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		(407)
Mortgage Loan | Consumer Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,157
Initial allowance on loans purchased with credit deterioration		248
Credit loss expense	(50)	(23)
Loans charged off		(19)
Recoveries collected	1	18
Total ending allowance balance	1,108	1,112
Prior adaption
Beginning Balance		1,385
Mortgage Loan | Consumer Portfolio Segment | Impact of adopting ASC 326
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		(497)
Obligations of State and Political Subdivisions | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	39
Credit loss expense	18
Total ending allowance balance	57
Obligations of State and Political Subdivisions | Consumer Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Total ending allowance balance		45
Prior adaption
Beginning Balance		54
Obligations of State and Political Subdivisions | Consumer Portfolio Segment | Impact of adopting ASC 326
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		(9)
Personal Loan | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Credit loss expense		17
Loans charged off		(7)
Recoveries collected		1
Total ending allowance balance		61
Prior adaption
Beginning Balance		35
Personal Loan | Commercial Portfolio Segment | Impact of adopting ASC 326
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		$ 15
Personal Loan | Consumer Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	60
Credit loss expense	(3)
Loans charged off	(9)
Recoveries collected	3
Total ending allowance balance	$ 51

LOANS AND RELATED ALLOWANCE F_6

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Collateral-Dependent Loans) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	$ 536,716	$ 525,394
Real Estate
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	122	4,934
Commercial Loan | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	236,442	223,077
Commercial Loan | Real Estate | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross		4,877
Mortgage Loan | Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	160,439	162,385
Mortgage Loan | Real Estate | Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Financing receivables, gross	$ 122	$ 57

LOANS AND RELATED ALLOWANCE F_7

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - (Amortized Cost Basis of Loans Nonaccrual Status) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable
Nonaccrual with No Allowance for Credit Loss	$ 122	$ 4,934
Nonaccrual	90	18
Loans Past Due Greater than 90 Days and Accruing	35
Commercial, Financial and Agricultural | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Nonaccrual	90	18
Commercial Loan | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Nonaccrual with No Allowance for Credit Loss		4,877
Mortgage Loan | Consumer Portfolio Segment
Accounts, Notes, Loans and Financing Receivable
Nonaccrual with No Allowance for Credit Loss	122	$ 57
Loans Past Due Greater than 90 Days and Accruing	$ 35

LOANS AND RELATED ALLOWANCE F_8

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Loan Portfolio Summarized by the Past Due Status) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	$ 536,716	$ 525,394
Total Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	533	625
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	413	531
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	13	90
Greater than 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	107	4
Commercial, Financial and Agricultural | Commercial Portfolio Segment
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	69,178	65,821
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Total Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	80	73
Commercial, Financial and Agricultural | Commercial Portfolio Segment | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	8	73
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Greater than 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	72
Commercial Loan | Commercial Portfolio Segment
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	236,442	223,077
Commercial Loan | Commercial Portfolio Segment | Total Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross		117
Commercial Loan | Commercial Portfolio Segment | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross		117
Construction Loan | Commercial Portfolio Segment | Total Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	3
Construction Loan | Commercial Portfolio Segment | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	3
Mortgage Loan | Consumer Portfolio Segment
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	160,439	162,385
Mortgage Loan | Consumer Portfolio Segment | Total Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	436	426
Mortgage Loan | Consumer Portfolio Segment | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	398	332
Mortgage Loan | Consumer Portfolio Segment | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	3	90
Mortgage Loan | Consumer Portfolio Segment | Greater than 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	35	4
Obligations of State and Political Subdivisions | Commercial Portfolio Segment
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	16,630	17,232
Personal Loan | Consumer Portfolio Segment
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	4,000	4,290
Personal Loan | Consumer Portfolio Segment | Total Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	14	9
Personal Loan | Consumer Portfolio Segment | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	4	$ 9
Personal Loan | Consumer Portfolio Segment | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Financing receivables, gross	$ 10

LOANS AND RELATED ALLOWANCE F_9

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment
Financing receivables, gross	$ 536,716	$ 525,394
Pass
Financing Receivable, Recorded Investment
Financing receivables, gross	512,076	498,105
Special Mention
Financing Receivable, Recorded Investment
Financing receivables, gross	22,953	21,410
Substandard
Financing Receivable, Recorded Investment
Financing receivables, gross	1,615	5,879
Doubtful
Financing Receivable, Recorded Investment
Financing receivables, gross	72
Commercial, Financial and Agricultural | Commercial Portfolio Segment
Financing Receivable, Recorded Investment
Financing receivables, gross	69,178	65,821
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Pass
Financing Receivable, Recorded Investment
Financing receivables, gross	64,843	62,952
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Special Mention
Financing Receivable, Recorded Investment
Financing receivables, gross	4,245	2,851
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Substandard
Financing Receivable, Recorded Investment
Financing receivables, gross	18	18
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Doubtful
Financing Receivable, Recorded Investment
Financing receivables, gross	72
Commercial Loan | Commercial Portfolio Segment
Financing Receivable, Recorded Investment
Financing receivables, gross	236,442	223,077
Commercial Loan | Commercial Portfolio Segment | Pass
Financing Receivable, Recorded Investment
Financing receivables, gross	221,899	203,590
Commercial Loan | Commercial Portfolio Segment | Special Mention
Financing Receivable, Recorded Investment
Financing receivables, gross	13,624	13,682
Commercial Loan | Commercial Portfolio Segment | Substandard
Financing Receivable, Recorded Investment
Financing receivables, gross	919	5,805
1-4 family residential construction | Commercial Portfolio Segment
Financing Receivable, Recorded Investment
Financing receivables, gross	5,002	5,085
1-4 family residential construction | Commercial Portfolio Segment | Pass
Financing Receivable, Recorded Investment
Financing receivables, gross	4,999	5,085
1-4 family residential construction | Commercial Portfolio Segment | Special Mention
Financing Receivable, Recorded Investment
Financing receivables, gross	3
Other construction loans | Commercial Portfolio Segment
Financing Receivable, Recorded Investment
Financing receivables, gross	45,025	47,504
Other construction loans | Commercial Portfolio Segment | Pass
Financing Receivable, Recorded Investment
Financing receivables, gross	40,156	42,845
Other construction loans | Commercial Portfolio Segment | Special Mention
Financing Receivable, Recorded Investment
Financing receivables, gross	4,869	4,659
Mortgage Loan | Consumer Portfolio Segment
Financing Receivable, Recorded Investment
Financing receivables, gross	160,439	162,385
Mortgage Loan | Consumer Portfolio Segment | Pass
Financing Receivable, Recorded Investment
Financing receivables, gross	159,549	162,111
Mortgage Loan | Consumer Portfolio Segment | Special Mention
Financing Receivable, Recorded Investment
Financing receivables, gross	212	218
Mortgage Loan | Consumer Portfolio Segment | Substandard
Financing Receivable, Recorded Investment
Financing receivables, gross	678	56
Obligations of State and Political Subdivisions | Commercial Portfolio Segment
Financing Receivable, Recorded Investment
Financing receivables, gross	16,630	17,232
Obligations of State and Political Subdivisions | Commercial Portfolio Segment | Pass
Financing Receivable, Recorded Investment
Financing receivables, gross	16,630	17,232
Personal Loan | Consumer Portfolio Segment
Financing Receivable, Recorded Investment
Financing receivables, gross	4,000	4,290
Personal Loan | Consumer Portfolio Segment | Pass
Financing Receivable, Recorded Investment
Financing receivables, gross	$ 4,000	$ 4,290

LOANS AND RELATED ALLOWANCE _10

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Amortized Cost Basis by Risk Category ) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Commercial, Financial and Agricultural | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	$ 1,210	$ 10,820
Originated two years prior to current fiscal year	10,772	5,537
Originated three years prior to current fiscal year	5,121	11,793
Originated four years prior to current fiscal year	11,185	4,971
Originated five years prior to current fiscal year	4,567	3,975
Originated more than five years prior to current fiscal year	4,400	848
Revolving Loans Amortized Cost Basis	31,923	27,877
Total	69,178	65,821
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	1,210	10,750
Originated two years prior to current fiscal year	10,704	5,123
Originated three years prior to current fiscal year	4,735	11,793
Originated four years prior to current fiscal year	11,185	4,971
Originated five years prior to current fiscal year	4,567	3,903
Originated more than five years prior to current fiscal year	4,310	830
Revolving Loans Amortized Cost Basis	28,132	25,582
Total	64,843	62,952
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Special Mention
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year		70
Originated two years prior to current fiscal year	68	414
Originated three years prior to current fiscal year	386
Originated five years prior to current fiscal year		72
Revolving Loans Amortized Cost Basis	3,791	2,295
Total	4,245	2,851
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Substandard
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated more than five years prior to current fiscal year	18	18
Total	18	18
Commercial, Financial and Agricultural | Commercial Portfolio Segment | Doubtful
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated more than five years prior to current fiscal year	72
Total	72
Commercial Loan | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	15,940	36,375
Originated two years prior to current fiscal year	36,572	58,396
Originated three years prior to current fiscal year	57,811	23,561
Originated four years prior to current fiscal year	27,845	24,723
Originated five years prior to current fiscal year	19,606	17,817
Originated more than five years prior to current fiscal year	75,670	59,302
Revolving Loans Amortized Cost Basis	2,983	2,887
Revolving Loans Converted to Term	15	16
Total	236,442	223,077
Commercial Loan | Commercial Portfolio Segment | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	15,940	36,375
Originated two years prior to current fiscal year	36,572	53,927
Originated three years prior to current fiscal year	53,395	23,561
Originated four years prior to current fiscal year	27,845	15,952
Originated five years prior to current fiscal year	15,691	17,606
Originated more than five years prior to current fiscal year	69,653	53,465
Revolving Loans Amortized Cost Basis	2,788	2,688
Revolving Loans Converted to Term	15	16
Total	221,899	203,590
Commercial Loan | Commercial Portfolio Segment | Special Mention
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated two years prior to current fiscal year		4,469
Originated three years prior to current fiscal year	4,416
Originated four years prior to current fiscal year		3,894
Originated five years prior to current fiscal year	3,915	211
Originated more than five years prior to current fiscal year	5,098	4,909
Revolving Loans Amortized Cost Basis	195	199
Total	13,624	13,682
Commercial Loan | Commercial Portfolio Segment | Substandard
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated four years prior to current fiscal year		4,877
Originated more than five years prior to current fiscal year	919	928
Total	919	5,805
1-4 family residential construction | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	282	1,674
Originated two years prior to current fiscal year	1,305	3,411
Originated three years prior to current fiscal year	3,415
Total	5,002	5,085
1-4 family residential construction | Commercial Portfolio Segment | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	282	1,674
Originated two years prior to current fiscal year	1,305	3,411
Originated three years prior to current fiscal year	3,412
Total	4,999	5,085
1-4 family residential construction | Commercial Portfolio Segment | Special Mention
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated three years prior to current fiscal year	3
Total	3
Other construction loans | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	64	5,254
Originated two years prior to current fiscal year	5,603	7,405
Originated three years prior to current fiscal year	7,792	17,930
Originated four years prior to current fiscal year	13,907	7,011
Originated five years prior to current fiscal year	6,973	276
Originated more than five years prior to current fiscal year	3,341	3,088
Revolving Loans Amortized Cost Basis	7,203	6,390
Revolving Loans Converted to Term	142	150
Total	45,025	47,504
Other construction loans | Commercial Portfolio Segment | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	64	5,254
Originated two years prior to current fiscal year	5,603	7,405
Originated three years prior to current fiscal year	7,792	17,928
Originated four years prior to current fiscal year	13,907	2,354
Originated five years prior to current fiscal year	2,332	276
Originated more than five years prior to current fiscal year	3,113	3,088
Revolving Loans Amortized Cost Basis	7,203	6,390
Revolving Loans Converted to Term	142	150
Total	40,156	42,845
Other construction loans | Commercial Portfolio Segment | Special Mention
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated three years prior to current fiscal year		2
Originated four years prior to current fiscal year		4,657
Originated five years prior to current fiscal year	4,641
Originated more than five years prior to current fiscal year	228
Total	4,869	4,659
Mortgage Loan | Consumer Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	2,660	27,062
Originated two years prior to current fiscal year	26,247	43,005
Originated three years prior to current fiscal year	42,317	19,173
Originated four years prior to current fiscal year	18,410	14,577
Originated five years prior to current fiscal year	14,050	5,524
Originated more than five years prior to current fiscal year	48,614	44,633
Revolving Loans Amortized Cost Basis	7,859	8,084
Revolving Loans Converted to Term	282	327
Total	160,439	162,385
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Write-off By Origination Year [Abstract]
Originated more than five years prior to current fiscal year		(19)
Total		(19)
Mortgage Loan | Consumer Portfolio Segment | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	2,660	27,062
Originated two years prior to current fiscal year	26,247	43,005
Originated three years prior to current fiscal year	42,317	19,173
Originated four years prior to current fiscal year	18,410	14,577
Originated five years prior to current fiscal year	14,050	5,524
Originated more than five years prior to current fiscal year	47,724	44,359
Revolving Loans Amortized Cost Basis	7,859	8,084
Revolving Loans Converted to Term	282	327
Total	159,549	162,111
Mortgage Loan | Consumer Portfolio Segment | Special Mention
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated more than five years prior to current fiscal year	212	218
Total	212	218
Mortgage Loan | Consumer Portfolio Segment | Substandard
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated more than five years prior to current fiscal year	678	56
Total	678	56
Obligations of State and Political Subdivisions | Commercial Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	1,226
Originated two years prior to current fiscal year	643
Originated three years prior to current fiscal year	3,866
Originated four years prior to current fiscal year	2,283
Originated five years prior to current fiscal year	4,926
Originated more than five years prior to current fiscal year	3,686
Total	16,630
Obligations of State and Political Subdivisions | Commercial Portfolio Segment | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	1,226
Originated two years prior to current fiscal year	643
Originated three years prior to current fiscal year	3,866
Originated four years prior to current fiscal year	2,283
Originated five years prior to current fiscal year	4,926
Originated more than five years prior to current fiscal year	3,686
Total	16,630
Obligations of State and Political Subdivisions | Consumer Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year		350
Originated two years prior to current fiscal year		3,876
Originated three years prior to current fiscal year		2,413
Originated four years prior to current fiscal year		5,094
Originated five years prior to current fiscal year		12
Originated more than five years prior to current fiscal year		5,486
Revolving Loans Amortized Cost Basis		1
Total		17,232
Obligations of State and Political Subdivisions | Consumer Portfolio Segment | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year		350
Originated two years prior to current fiscal year		3,876
Originated three years prior to current fiscal year		2,413
Originated four years prior to current fiscal year		5,094
Originated five years prior to current fiscal year		12
Originated more than five years prior to current fiscal year		5,486
Revolving Loans Amortized Cost Basis		1
Total		17,232
Personal Loan | Consumer Portfolio Segment
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	354	2,385
Originated two years prior to current fiscal year	2,044	1,093
Originated three years prior to current fiscal year	906	362
Originated four years prior to current fiscal year	286	87
Originated five years prior to current fiscal year	60	63
Originated more than five years prior to current fiscal year	241	187
Revolving Loans Amortized Cost Basis	87	91
Revolving Loans Converted to Term	22	22
Total	4,000	4,290
Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Write-off By Origination Year [Abstract]
Originated current fiscal year		(4)
Originated two years prior to current fiscal year		(2)
Originated four years prior to current fiscal year		(4)
Originated more than five years prior to current fiscal year	9	(18)
Total	9	(28)
Personal Loan | Consumer Portfolio Segment | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Originated current fiscal year	354	2,385
Originated two years prior to current fiscal year	2,044	1,093
Originated three years prior to current fiscal year	906	362
Originated four years prior to current fiscal year	286	87
Originated five years prior to current fiscal year	60	63
Originated more than five years prior to current fiscal year	241	187
Revolving Loans Amortized Cost Basis	87	91
Revolving Loans Converted to Term	22	22
Total	$ 4,000	$ 4,290

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($)					3 Months Ended
	May 12, 2023	Apr. 30, 2018	Nov. 30, 2015	Sep. 08, 2006	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Goodwill included in acquisition price					$ 9,812,000		$ 9,812,000
Amortization of intangible assets					22,000	$ 11,000
Goodwill impairment loss					0	0
Branch Office in Richfield, PA
Acquisition date				Sep. 08, 2006
Goodwill included in acquisition price				$ 2,000,000
FNBPA Bancorp, Inc
Acquisition date			Nov. 30, 2015
Goodwill included in acquisition price			$ 3,400,000
Core deposit intangible			$ 303,000
Intangible assets amortization period			10 years
Amortization of intangible assets					3,000	4,000
Liverpool Community Bank
Acquisition date		Apr. 30, 2018
Goodwill included in acquisition price		$ 3,600,000
Core deposit intangible		$ 289,000
Intangible assets amortization period		10 years
Amortization of intangible assets					6,000	7,000
Path Valley Branch office Acquisition
Acquisition date	May 12, 2023
Goodwill included in acquisition price	$ 765,000
Core deposit intangible	$ 303,000
Intangible assets amortization period	10 years
Amortization of intangible assets					$ 13,000	$ 0

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS (Amortization Schedule for Intangible Assets) (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	May 12, 2023	Apr. 30, 2018	Nov. 30, 2015
Finite-Lived Intangible Assets
Amortization of intangible assets	$ 22,000	$ 11,000
Path Valley Branch office Acquisition
Finite-Lived Intangible Assets
Beginning Balance at Acquisition Date					$ 303,000
Amortization of intangible assets	13,000	0
Path Valley Branch office Acquisition | Core Deposits
Finite-Lived Intangible Assets
Beginning Balance at Acquisition Date					$ 303,000
Amortization of intangible assets	13,000		$ 37,000
Unamortized balance	253,000		266,000
Scheduled remaining amortization expense for years ended:
December 31, 2024	38,000
December 31, 2025	46,000
December 31, 2026	40,000
December 31, 2027	35,000
December 31, 2028	29,000
Thereafter	65,000
FNBPA Bancorp, Inc
Finite-Lived Intangible Assets
Beginning Balance at Acquisition Date							$ 303,000
Amortization of intangible assets	3,000	4,000
FNBPA Bancorp, Inc | Core Deposits
Finite-Lived Intangible Assets
Beginning Balance at Acquisition Date							$ 303,000
Amortization of intangible assets	3,000		37,000	$ 250,000
Unamortized balance	13,000		16,000
Scheduled remaining amortization expense for years ended:
December 31, 2024	8,000
December 31, 2025	5,000
Liverpool Community Bank
Finite-Lived Intangible Assets
Beginning Balance at Acquisition Date						$ 289,000
Amortization of intangible assets	6,000	$ 7,000
Liverpool Community Bank | Core Deposits
Finite-Lived Intangible Assets
Beginning Balance at Acquisition Date						$ 289,000
Amortization of intangible assets	6,000		61,000	$ 167,000
Unamortized balance	55,000		$ 61,000
Scheduled remaining amortization expense for years ended:
December 31, 2024	17,000
December 31, 2025	17,000
December 31, 2026	12,000
December 31, 2027	7,000
December 31, 2028	$ 2,000

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
DEPOSITS
Time deposits at or above FDIC limit	$ 32.3	$ 33.4

BORROWINGS (Schedule of Borrowi

BORROWINGS (Schedule of Borrowings) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
BORROWINGS
Securities sold under agreements to repurchase	$ 17,214	$ 12,810
Short-term debt	40,000	40,000
Long-term debt with FHLB	20,000	20,000
Total borrowings	$ 77,214	$ 72,810

BORROWINGS (Scheduled Maturitie

BORROWINGS (Scheduled Maturities of Long-Term Debt) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Scheduled Maturities
2024	$ 15,000
2025	5,000
2026	0
2027	0
2028	0
Thereafter	0
Long-term Debt, Total	$ 20,000	$ 20,000
Weighted Average Interest Rate
2024	2.29%
2025	2.41%
2026	0%
2027	0%
2028	0%
Thereafter	0%
Weighted average interest rate	2.32%

STOCK COMPENSATION PLAN (Detail

STOCK COMPENSATION PLAN (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Stock-based compensation expense	$ 34,000	$ 32,000
Weighted average exercise price	$ 17.80		$ 17.76
Long-Term Incentive Plan
Shares available for grant	177,100
Long-Term Incentive Plan | Maximum
Shares authorized under share-based payment awards	300,000
Employee Stock Purchase Plan
Number of share per year in addition to prior unissued shares	5,000
Shares issued during period under employee stock purchase plans	0	0
Shares reserved for future issuance	152,420
Employee Stock Purchase Plan | Maximum
Shares authorized under share-based payment awards	250,000
Option price as a percentage of fair value	100%
Employee Stock Purchase Plan | Minimum
Option price as a percentage of fair value	95%
Employee Stock Option
Stock options awarded	0
Employee Stock Option | Long-Term Incentive Plan
Stock Options compensation costs not yet recognized	$ 0
Award expiration period	10 years
Award expiration date	Feb. 17, 2025
Exercise price, upper range limit	$ 17.80
Weighted average remaining contractual life	11 months
Cash received from option exercises	$ 0
Employee Stock Option | Long-Term Incentive Plan | Maximum
Award vesting period	5 years
Employee Stock Option | Long-Term Incentive Plan | Minimum
Award vesting period	3 years
Restricted Stock
Number of shares awarded	9,628
Award vesting period	3 years
Restricted stocks. compensation costs not yet recognized	$ 266,000
Compensation cost not yet recognized, period for recognition	3 years

STOCK COMPENSATION PLAN (Non-Ve

STOCK COMPENSATION PLAN (Non-Vested Restricted Shares Activity) (Details) - Restricted Stock	3 Months Ended
	Mar. 31, 2024 $ / shares shares
Number of shares
Beginning Balance | shares	25,322
Vested | shares	(6,141)
Forfeited | shares	0
Granted | shares	9,628
Ending Balance | shares	28,809
Weighted Average Grant Date Fair Value
Beginning Balance | $ / shares	$ 16.21
Vested | $ / shares	16.55
Forfeited | $ / shares	0
Granted | $ / shares	12.35
Ending Balance | $ / shares	$ 14.85

STOCK COMPENSATION PLAN (Stock

STOCK COMPENSATION PLAN (Stock Options Activity) (Details)	3 Months Ended
	Mar. 31, 2024 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding Roll Forward
Outstanding beginning balance, Shares | shares	50,425
Granted, Shares | shares	0
Exercised, Shares | shares	0
Forfeited, Shares | shares	(24,225)
Outstanding ending balance, Shares | shares	26,200
Beginning, weighted average exercise price | $ / shares	$ 17.76
Granted, Weighted average exercise price | $ / shares	0
Exercised, Weighted average exercise price | $ / shares	0
Expired, Weighted average exercise price | $ / shares	17.72
Ending, weighted average exercise price | $ / shares	$ 17.80

FAIR VALUE MEASUREMENT (Fair Va

FAIR VALUE MEASUREMENT (Fair Value Measurements by Level of Valuation Inputs) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	$ 66,639	$ 67,564
Equity securities	1,060	1,073
Obligations of U.S. Government Agencies and Corporations
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	14,127	14,173
Obligations of State and Political Subdivisions
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	6,462	6,508
Corporate Debt Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	14,416	13,828
Fair Value, Measurements, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	66,639	67,564
Fair Value, Measurements, Recurring | Obligations of U.S. Government Agencies and Corporations
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	14,127	14,173
Fair Value, Measurements, Recurring | Obligations of State and Political Subdivisions
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	6,462	6,508
Fair Value, Measurements, Recurring | Corporate Debt Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	14,416	13,828
Fair Value, Measurements, Recurring | Mortgage-Backed Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	31,634	33,055
Fair Value, Measurements, Recurring | Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Equity securities	1,060	1,073
Fair Value, Measurements, Recurring | (Level 1) Quoted Prices in Active Markets for Identical Assets | Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Equity securities	1,060	1,073
Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	60,145	61,411
Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs | Obligations of U.S. Government Agencies and Corporations
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	14,127	14,173
Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs | Obligations of State and Political Subdivisions
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	6,462	6,508
Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs | Corporate Debt Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	7,922	7,675
Fair Value, Measurements, Recurring | (Level 2) Significant Other Observable Inputs | Mortgage-Backed Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	31,634	33,055
Fair Value, Measurements, Recurring | (Level 3) Significant Other Unobservable Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	6,494	6,153
Fair Value, Measurements, Recurring | (Level 3) Significant Other Unobservable Inputs | Corporate Debt Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities available for sale	6,494	6,153
Fair Value, Measurements, Recurring | Mortgage Servicing Rights
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Mortgage servicing rights	81	83
Fair Value, Measurements, Recurring | Mortgage Servicing Rights | (Level 3) Significant Other Unobservable Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Mortgage servicing rights	$ 81	$ 83

FAIR VALUE MEASUREMENT (Reconci

FAIR VALUE MEASUREMENT (Reconciliation of Investment Securities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
FAIR VALUE MEASUREMENT
Beginning balance	$ 6,153	$ 7,145
Total gain (loss) included in OCI	341	(496)
Purchases	0	0
Principal payments and other	0	0
Sales	0	0
Ending balance	$ 6,494	$ 6,649

FAIR VALUE MEASUREMENT (Carryin

FAIR VALUE MEASUREMENT (Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financial assets:
Interest bearing deposits with banks	$ 8,352	$ 11,741
Debt securities available for sale	66,639	67,564
Debt securities held to maturity	193,182	198,147
Restricted investment in bank stock	2,018	1,707
Financial liabilities:
Time deposits	538,650	552,018
Short-term borrowings	57,214	52,810
Long-term debt	20,000	20,000
Other interest bearing liabilities	884	951
Carrying Value
Financial assets:
Cash and due from banks	5,085	17,189
Interest bearing deposits with banks	8,352	11,741
Debt securities available for sale	66,639	67,564
Debt securities held to maturity	198,680	200,644
Loans, net of allowance for credit losses	530,924	519,717
Accrued interest receivable	2,621	2,438
Financial liabilities:
Time deposits	198,177	197,387
Securities sold under agreements to repurchase	17,214	12,810
Short-term borrowings	40,000	40,000
Long-term debt	20,000	20,000
Other interest bearing liabilities	884	951
Accrued interest payable	1,809	1,397
Off-balance sheet financial instruments:
Commitments to extend credit	0	0
Letters of credit	0	0
Fair Value
Financial assets:
Cash and due from banks	5,085	17,189
Interest bearing deposits with banks	8,352	11,741
Debt securities available for sale	66,639	67,564
Debt securities held to maturity	193,182	198,147
Loans, net of allowance for credit losses	511,280	500,439
Accrued interest receivable	2,621	2,438
Financial liabilities:
Time deposits	194,800	194,219
Short-term borrowings	39,853	39,868
Long-term debt	19,748	19,638
Other interest bearing liabilities	880	947
Accrued interest payable	1,809	1,397
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 ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities held to maturity	$ 193,182	$ 198,147
Time deposits	538,650	552,018
Short-term borrowings	57,214	52,810
Long-term debt	20,000	20,000
Other interest bearing liabilities	884	951
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities held to maturity	198,680	200,644
Loans, net of allowance for credit losses	530,924	519,717
Time deposits	198,177	197,387
Short-term borrowings	40,000	40,000
Long-term debt	20,000	20,000
Other interest bearing liabilities	884	951
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities held to maturity	193,182	198,147
Loans, net of allowance for credit losses	511,280	500,439
Time deposits	194,800	194,219
Short-term borrowings	39,853	39,868
Long-term debt	19,748	19,638
Other interest bearing liabilities	880	947
Fair Value | (Level 2) Significant Other Observable Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Debt securities held to maturity	193,182	198,147
Time deposits	194,800	194,219
Short-term borrowings	39,853	39,868
Long-term debt	19,748	19,638
Other interest bearing liabilities	880	947
Fair Value | (Level 3) Significant Other Unobservable Inputs
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Loans, net of allowance for credit losses	$ 511,280	$ 500,439

COMMITMENTS, CONTINGENT LIABI_2

COMMITMENTS, CONTINGENT LIABILITIES AND GUARANTEES (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Loss Contingencies
Letter of Credit expiration period	1 year
Commitments to Grant Loans
Loss Contingencies
Outstanding loans commitments and other unused lines of credit	$ 139.7	$ 137.4
Outstanding Letters of Credit
Loss Contingencies
Outstanding loans commitments and other unused lines of credit	3.7	3.6
Commercial Letter Of Credit
Loss Contingencies
Outstanding loans commitments and other unused lines of credit	$ 10.4	$ 9.3

DERIVATIVES (Details)

DERIVATIVES (Details) - Designated as Hedging Instrument - USD ($)	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Apr. 30, 2023
Notional Amount	$ 0	$ 0	$ 20,000,000
Interest rate swaps, ineffectiveness	no amount of ineffectiveness was included in net income

DERIVATIVES (Effect of Cash Flo

DERIVATIVES (Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023		Dec. 31, 2023
Derivative Instruments, Gain (Loss)
Amount of Gain Recognized in OCI on Derivatives	$ 1		$ 2
Amount of Gain reclassified from OCI into Income	$ (214)	[1],[2]	(269)
Interest Rate Contracts
Derivative Instruments, Gain (Loss)
Amount of Gain Recognized in OCI on Derivatives			2
Amount of Gain reclassified from OCI into Income			$ (269)
[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. Income tax amounts are included in the provision for income taxes 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 ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2023		Dec. 31, 2023
Derivative Instruments, Gain (Loss)
Amount reclassified from AOCI into income	$ 214,000	[1],[2]	$ 269,000
Interest Income (Expense)
Derivative Instruments, Gain (Loss)
Amounts reclassified from accumulated other comprehensive income	$ 214,000
[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. Income tax amounts are included in the provision for income taxes on the Consolidated Statements of Income.

BRANCH ACQUISITION - Narratives

BRANCH ACQUISITION - Narratives (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023	May 12, 2023
BRANCH ACQUISITION
Goodwill	$ 9,812,000	$ 9,812,000
Path Valley Branch office Acquisition
BRANCH ACQUISITION
Goodwill			$ 765,000
Core deposit intangible			$ 303,000
Core deposit intangible amortization period			10 years

BRANCH ACQUISITION (Details)

BRANCH ACQUISITION (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023	May 12, 2023
Assets:
Goodwill	$ 9,812,000	$ 9,812,000
Path Valley Branch office Acquisition
Assets:
Cash received at settlement			$ 17,384,000
Fixed assets			248,000
Goodwill			765,000
Core deposit intangible			303,000
Other assets purchased			3,000
Total assets			18,703,000
Liabilities:
Deposits purchased			18,697,000
Other liabilities assumed			6,000
Total liabilities			$ 18,703,000

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Subsequent Event	Apr. 16, 2024 $ / shares
SUBSEQUENT EVENTS
Dividends payable, date declared	Apr. 16, 2024
Dividends payable per share	$ 0.22
Dividends payable, date of record	May 17, 2024
Dividends payable, date to be paid	May 31, 2024

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 1,355	$ 1,733

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false