Penns Woods Bancorp (PWOD) 10-K 13 Mar 24 2023 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Dec. 31, 2023	Mar. 01, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	0-17077
Entity Registrant Name	PENNS WOODS BANCORP, INC.
Entity Incorporation, State or Country Code	PA
Entity Address, Address Line One	300 Market Street, P.O. Box 967
Entity Tax Identification Number	23-2226454
Entity Address, City or Town	Williamsport,
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	17703-0967
City Area Code	570
Local Phone Number	322-1111
Title of 12(b) Security	Common stock, $5.55 par value
Trading Symbol	PWOD
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Smaller Reporting Company	true
Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Public Float			$ 176,799,000
Entity Common Stock, Shares Outstanding		7,513,898
Documents Incorporated by Reference	Portions of the registrant’s definitive proxy statement prepared in connection with its annual meeting of shareholders to be held on May 7, 2024 are incorporated by reference in Part III hereof.
Entity Central Index Key	0000716605
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Audit Information [Abstract]
Auditor Location	Cranberry Township, Pennsylvania
Auditor Name	S.R. Snodgrass, P.C.
Auditor Firm ID	74

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS:
Noninterest-bearing balances	$ 28,969	$ 27,390
Interest-bearing deposits in other financial institutions	8,493	12,943
Total cash and cash equivalents	37,462	40,333
Investment debt securities, available for sale, at fair value	190,945	193,673
Investment equity securities, at fair value	1,122	1,142
Restricted investment in bank stock	24,323	19,171
Loans held for sale	3,993	3,298
Loans	1,839,764	1,639,731
Allowance for credit losses	(11,446)	(15,637)
Loans, net	1,828,318	1,624,094
Premises and equipment, net	30,250	31,844
Accrued interest receivable	11,044	9,481
Bank-owned life insurance	33,867	34,452
Investment in limited partnerships	7,815	8,656
Goodwill	16,450	16,450
Intangibles	210	327
Operating lease right of use asset	2,512	2,651
Deferred tax assets	4,655	6,868
Other assets	11,843	7,640
TOTAL ASSETS	2,204,809	2,000,080
LIABILITIES:
Interest-bearing deposits	1,118,320	1,037,397
Noninterest-bearing deposits	471,173	519,063
Total deposits	1,589,493	1,556,460
Short-term borrowings	145,926	153,349
Long-term borrowings	252,598	102,783
Accrued interest payable	3,814	603
Operating lease liability	2,570	2,708
Other liabilities	18,852	16,512
TOTAL LIABILITIES	2,013,253	1,832,415
SHAREHOLDERS’ EQUITY:
Preferred stock, no par value, 3,000,000 shares authorized; no shares issued	0	0
Common stock, par value $5.55, 22,500,000 shares authorized; 8,019,219 and 7,566,810 shares issued; 7,508,994 and 7,056,585 shares outstanding	44,550	42,039
Additional paid-in capital	61,733	54,252
Retained earnings	107,238	98,147
Accumulated other comprehensive loss:
Net unrealized loss on available for sale securities	(6,396)	(9,819)
Defined benefit plan	(2,754)	(4,139)
Treasury stock at cost, 510,225 shares	(12,815)	(12,815)
TOTAL SHAREHOLDERS' EQUITY	191,556	167,665
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,204,809	$ 2,000,080

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Preferred stock, shares authorized (in shares)	3,000,000	3,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 5.55	$ 5.55
Common stock, shares authorized (in shares)	22,500,000	22,500,000
Common stock, shares issued (in shares)	8,019,219	7,566,810
Common stock, shares outstanding (in shares(	7,508,994	7,056,585
Treasury stock (in shares)	510,225	510,225

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INTEREST AND DIVIDEND INCOME:
Loans, including fees	$ 83,291,000	$ 58,682,000	$ 53,232,000
Investment securities:
Taxable	5,346,000	3,634,000	3,281,000
Tax-exempt	517,000	823,000	655,000
Dividend and other interest income	2,441,000	1,789,000	1,246,000
TOTAL INTEREST AND DIVIDEND INCOME	91,595,000	64,928,000	58,414,000
INTEREST EXPENSE:
Deposits	22,131,000	3,690,000	5,545,000
Short-term borrowings	8,401,000	1,007,000	9,000
Long-term borrowings	6,099,000	2,451,000	3,142,000
TOTAL INTEREST EXPENSE	36,631,000	7,148,000	8,696,000
NET INTEREST INCOME	54,964,000	57,780,000	49,718,000
(Recovery) provision for loan credit losses	(927,000)	1,910,000	640,000
Recovery for off balance sheet credit exposures	(552,000)	0	0
TOTAL (RECOVERY) PROVISION FOR CREDIT LOSSES	(1,479,000)	1,910,000	640,000
NET INTEREST INCOME AFTER (RECOVERY) PROVISION FOR CREDIT LOSSES	56,443,000	55,870,000	49,078,000
NON-INTEREST INCOME:
Net debt securities (losses) gains, available for sale	(193,000)	(219,000)	699,000
Net equity securities gains (losses)	15,000	(146,000)	(40,000)
Bank-owned life insurance	1,063,000	664,000	916,000
Gain on sale of loans	1,046,000	1,131,000	2,474,000
Other	930,000	931,000	838,000
TOTAL NON-INTEREST INCOME	8,375,000	8,713,000	11,669,000
NON-INTEREST EXPENSE:
Salaries and employee benefits	25,062,000	24,267,000	23,014,000
Occupancy	3,168,000	3,080,000	3,209,000
Furniture and equipment	3,392,000	3,288,000	3,522,000
Software amortization	843,000	840,000	868,000
Pennsylvania shares tax	1,082,000	1,452,000	1,350,000
Professional fees	2,953,000	2,434,000	2,432,000
Federal Deposit Insurance Corporation deposit insurance	1,578,000	938,000	963,000
Marketing	684,000	690,000	545,000
Intangible amortization	117,000	154,000	191,000
Goodwill impairment	0	653,000	0
Other	5,617,000	5,202,000	4,811,000
TOTAL NON-INTEREST EXPENSE	44,496,000	42,998,000	40,905,000
INCOME BEFORE INCOME TAX PROVISION	20,322,000	21,585,000	19,842,000
INCOME TAX PROVISION	3,714,000	4,163,000	3,794,000
CONSOLIDATED NET INCOME	16,608,000	17,422,000	16,048,000
Earnings attributable to noncontrolling interest	0	0	15,000
NET INCOME ATTRIBUTABLE TO PENNS WOODS BANCORP, INC.	$ 16,608,000	$ 17,422,000	$ 16,033,000
EARNINGS PER SHARE - BASIC (in dollars per share)	$ 2.34	$ 2.47	$ 2.27
EARNINGS PER SHARE - DILUTED (in dollars per share)	$ 2.34	$ 2.47	$ 2.27
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	7,112,450	7,059,437	7,061,818
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares)	7,112,450	7,059,437	7,061,818
Service charges
NON-INTEREST INCOME:
Service charges, insurance commissions, brokerage commissions, and debit card income	$ 2,090,000	$ 2,103,000	$ 1,703,000
Insurance commissions
NON-INTEREST INCOME:
Service charges, insurance commissions, brokerage commissions, and debit card income	529,000	491,000	553,000
Brokerage commissions
NON-INTEREST INCOME:
Service charges, insurance commissions, brokerage commissions, and debit card income	575,000	620,000	851,000
Loan broker income
NON-INTEREST INCOME:
Service charges, insurance commissions, brokerage commissions, and debit card income	992,000	1,674,000	2,164,000
Debit card income
NON-INTEREST INCOME:
Service charges, insurance commissions, brokerage commissions, and debit card income	$ 1,328,000	$ 1,464,000	$ 1,511,000

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 16,608	$ 17,422	$ 16,048
Other comprehensive income (loss):
Unrealized gain (loss) on available for sale securities	4,140	(15,652)	(2,264)
Tax effect	(869)	3,287	475
Net realized loss (gain) included in net income	193	219	(699)
Tax effect	(41)	(46)	147
Decrease (increase) of unrecognized pension and post-retirement items	1,754	(827)	2,674
Tax effect	(369)	173	(563)
Total other comprehensive income (loss)	4,808	(12,846)	(230)
Comprehensive income	$ 21,416	$ 4,576	$ 15,818

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	COMMON STOCK	ADDITIONAL PAID-IN CAPITAL	RETAINED EARNINGS	RETAINED EARNINGS Adoption Impact	ACCUMULATED OTHER COMPREHENSIVE LOSS	TREASURY STOCK	NON-CONTROLLING INTEREST
Beginning balance (in shares) at Dec. 31, 2020		7,532,576
Beginning balance at Dec. 31, 2020	$ 164,146	$ 41,847	$ 52,523	$ 82,769		$ (882)	$ (12,115)	$ 4
Increase (Decrease) in Shareholders' Equity
Net income	16,048			16,033				15
Other comprehensive income (loss)	(230)					(230)
Stock-based compensation recognized in earnings	960		960
Dividends declared	(9,041)			(9,041)
Common shares issued for employee stock purchase plan (in shares)		3,850
Common shares issued for employee stock purchase plan	87	$ 21	66
Common shares issued for director compensation plan (in shares)		13,846
Common shares issued for director compensation plan	321	$ 77	244
Distributions to noncontrolling interest	(17)							(17)
Noncontrolling interest purchase	0		2					(2)
Ending balance (in shares) at Dec. 31, 2021		7,550,272
Ending balance at Dec. 31, 2021	172,274	$ 41,945	53,795	89,761		(1,112)	(12,115)	0
Increase (Decrease) in Shareholders' Equity
Net income	17,422			17,422
Other comprehensive income (loss)	(12,846)					(12,846)
Stock-based compensation recognized in earnings	1,231		1,231
Dividends declared	(9,036)			(9,036)
Common shares issued for employee stock purchase plan (in shares)		3,617
Common shares issued for employee stock purchase plan	82	$ 20	62
Common shares issued for director compensation plan (in shares)		12,921
Common shares issued for director compensation plan	312	$ 74	238
Cash settlement of options	(1,074)		(1,074)
Purchase of treasury stock	(700)						(700)
Ending balance (in shares) at Dec. 31, 2022		7,566,810
Ending balance at Dec. 31, 2022	$ 167,665	$ 42,039	54,252	98,147	$ 1,647	(13,958)	(12,815)	0
Increase (Decrease) in Shareholders' Equity
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2016-13 [Member]
Net income	$ 16,608			16,608
Other comprehensive income (loss)	4,808					4,808
Stock-based compensation recognized in earnings	951		951
Dividends declared	(9,164)			(9,164)
Common shares issued for employee stock purchase plan (in shares)		3,894
Common shares issued for employee stock purchase plan	89	$ 22	67
Common shares issued for director compensation plan (in shares)		10,517
Common shares issued for director compensation plan	255	$ 58	197
Common shares issued for registered at-the-market offering, net proceeds (in shares)		420,069
Common shares issued for registered at-the-market offering, net proceeds	8,291	$ 2,331	5,960
Dividend reinvestment plan (in shares)		17,929
Dividend reinvestment plan	406	$ 100	306
Ending balance (in shares) at Dec. 31, 2023		8,019,219
Ending balance at Dec. 31, 2023	$ 191,556	$ 44,550	$ 61,733	$ 107,238		$ (9,150)	$ (12,815)	$ 0

CONSOLIDATED STATEMENT OF CHA_2

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Stockholders' Equity [Abstract]
Dividends declared (in dollars per share)	$ 1.28	$ 1.28	$ 1.28
Treasury stock (in shares)		30,000

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
OPERATING ACTIVITIES:
Net income	$ 16,608,000	$ 17,422,000	$ 16,048,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	2,832,000	3,466,000	3,711,000
Amortization of intangible assets	117,000	154,000	191,000
Amortization of investment security discounts and premiums, net	419,000	1,140,000	1,142,000
Goodwill impairment	0	653,000	0
Loss on sale of premises and equipment	(148,000)	301,000	18,000
(Recovery) provision for credit losses	(1,479,000)	1,910,000	640,000
Stock based compensation	951,000	1,231,000	960,000
Securities losses (gains), available for sale	193,000	219,000	(699,000)
Originations of loans held for sale	(39,079,000)	(39,388,000)	(85,938,000)
Proceeds of loans held for sale	39,430,000	40,946,000	89,926,000
Gain on sale of loans	(1,046,000)	(1,131,000)	(2,474,000)
Net equity securities (gains) losses	(15,000)	146,000	40,000
Security trades payable	0	(111,000)	(1,455,000)
Earnings on bank-owned life insurance	(1,063,000)	(664,000)	(916,000)
Increase (decrease) in deferred tax asset	497,000	(681,000)	(359,000)
Other, net	605,000	(1,720,000)	(2,912,000)
Net cash provided by operating activities	18,822,000	23,893,000	17,923,000
Investment debt securities available for sale:
Proceeds from sales	24,702,000	5,557,000	17,947,000
Proceeds from calls, maturities and repayments	28,158,000	17,372,000	20,997,000
Purchases	(46,411,000)	(66,984,000)	(46,499,000)
Proceeds from sales of equity securities	35,000	0	0
Net increase in loans	(199,726,000)	(248,130,000)	(48,170,000)
Acquisition of premises and equipment	(806,000)	(377,000)	(1,137,000)
Proceeds from sale of premises and equipment	557,000	150,000	2,000
Proceeds from the sale of foreclosed assets	0	120,000	335,000
Purchase of bank-owned life insurance	(8,000)	(22,000)	(30,000)
Proceeds from bank-owned life insurance death benefit	1,656,000	2,000	825,000
Distribution of non-controlling interest	0	0	(25,000)
Investment in limited partnership	0	(695,000)	(1,070,000)
Proceeds from redemption of regulatory stock	41,739,000	11,282,000	3,143,000
Purchases of regulatory stock	(46,891,000)	(15,922,000)	(2,297,000)
Net cash used for investing activities	(196,995,000)	(297,647,000)	(55,979,000)
FINANCING ACTIVITIES:
Net increase (decrease) in interest-bearing deposits	80,923,000	(89,558,000)	81,869,000
Net (decrease) increase in noninterest-bearing deposits	(47,890,000)	24,703,000	45,003,000
Proceeds from long-term borrowings	180,000,000	0	0
Repayment of long-term borrowings	(30,000,000)	(23,000,000)	(30,000,000)
Net (decrease) increase in short-term borrowings	(7,423,000)	147,602,000	503,000
Finance lease principal payments	(185,000)	(180,000)	(165,000)
Dividends paid	(9,164,000)	(9,036,000)	(9,041,000)
Distributions to non-controlling interest	0	0	(17,000)
Issuance of common stock	9,041,000	394,000	408,000
Purchase of treasury stock	0	(700,000)	0
Net cash provided by financing activities	175,302,000	50,225,000	88,560,000
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(2,871,000)	(223,529,000)	50,504,000
CASH AND CASH EQUIVALENTS, BEGINNING	40,333,000	263,862,000	213,358,000
CASH AND CASH EQUIVALENTS, ENDING	37,462,000	40,333,000	263,862,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid	33,420,000	7,196,000	9,157,000
Income taxes paid	3,021,000	3,001,000	4,236,000
Transfer of loans to foreclosed real estate	770,000	97,000	83,000
Right of use lease assets obtained in exchange for lessee finance lease liabilities	0	0	2,653,000
Recognition of low-income housing tax asset	0	3,873,000	0
Recognition of commitment on low-income housing project	0	3,873,000	0
Adoption of ASU 2016-13, financial instruments - credit losses non-cash impact	$ 1,647,000	$ 0	$ 0

OPERATIONS AND SUMMARY OF SIGNI

OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The accompanying consolidated financial statements include the accounts of Penns Woods Bancorp, Inc. and its wholly owned subsidiaries, Jersey Shore State Bank (“JSSB”), Luzerne Bank ("Luzerne" and collectively with JSSB , the "Banks"), Woods Real Estate Development Co., Inc., Woods Investment Company, Inc., United Insurance Solutions, LLC, and The M Group Inc. D/B/A The Comprehensive Financial Group (“The M Group”), a wholly owned subsidiary of JSSB (collectively, the “Corporation”). All significant intercompany balances and transactions have been eliminated. Nature of Business The Banks engage in a full-service commercial banking business, making available to the community a wide range of financial services including, but not limited to, installment loans, credit cards, mortgage and home equity loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities and local government, and various types of demand and time deposits including, but not limited to, checking accounts, savings accounts, money market deposit accounts, certificates of deposit, and IRAs. Deposits are insured by the Federal Deposit Insurance Corporation (“FDIC”) to the extent provided by law. The financial services are provided by the Banks to individuals, partnerships, non-profit organizations, and corporations through their twenty-four offices located in Clinton, Lycoming, Centre, Montour, Union, Blair, and Luzerne Counties, Pennsylvania. Woods Real Estate Development Co., Inc. engages in real estate transactions on behalf of Penns Woods Bancorp, Inc. and the Banks. Woods Investment Company, Inc., a Delaware holding company, is engaged in investing activities. The M Group engages in securities brokerage and financial planning services, which include the sale of life insurance products, annuities, and estate planning services. United Insurance Solutions, LLC offers property and casualty and auto insurance products within the Corporation's market footprint. The Corporation became the sole owner of United Insurance Solutions, LLC when it purchased the outstanding 20% minority interest on October 1, 2021. Operations are managed and financial performance is evaluated on a corporate-wide basis. Accordingly, all financial service operations are considered by management to be aggregated in one reportable operating segment. Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of net deferred tax assets, impairment of goodwill, credit losses of debt securities, fair value of financial instruments, and the valuation of real estate acquired through, or in lieu of, foreclosure on settlement of debt. Cash and Cash Equivalents Cash and cash equivalents include cash on hand and in banks and federal funds sold. Interest-earning deposits mature within 90 days and are carried at cost. Net cash flows are reported for loan, deposit, and short-term borrowing transactions. Restrictions on Cash and Cash Equivalents Based on deposit levels, the Banks must maintain cash and other reserves with the Federal Reserve Bank of Philadelphia ("FRB"). Investment Securities Investment securities are classified at the time of purchase, based on management’s intention and ability, as securities held to maturity, securities available for sale, or securities held for trading. Debt securities acquired with the intent and ability to hold to maturity are stated at cost, adjusted for amortization of premium and accretion of discount, which are computed using the interest method and recognized as adjustments of interest income. Certain other debt securities have been classified as available for sale to serve principally as a source of liquidity. Unrealized holding gains and losses for available for sale securities are reported as a separate component of shareholders’ equity, net of tax, until realized. Equity securities are carried at fair value. Unrealized holding gains and losses for equity securities are recognized as a separate component within the income statement. Realized security gains and losses are computed using the specific identification method for debt securities and the average cost method for marketable equity securities. Interest and dividends on investment securities are recognized as income when earned and is not included within the investment balance. Securities are periodically reviewed for credit losses upon a number of factors, including, but not limited to, extent to which the fair value has been less than cost, the financial condition of the underlying issuer, the ability of the issuer to meet contractual obligations, the likelihood of the security’s ability to recover any decline in its fair value, whether it is more likely than not that the Corporation would be required to sell the security before its anticipated recovery in fair value, and a review of the Corporation’s capital adequacy, interest rate risk position, and liquidity. The assessment of a security’s ability to recover any decline in fair value, the ability of the issuer to meet contractual obligations, and management’s intent and ability requires considerable judgment. A decline in value that is considered to be other-than-temporary is recorded as a loss within non-interest income in the Consolidated Statement of Income. Fair values of investment securities are based on observed market prices. Certain investment securities do not have observed bid prices and their fair value is based on instruments with similar risk elements. Since regulatory stock is redeemable at par, the Corporation carries it at cost. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff generally are stated at the principal amount outstanding, net of deferred fees and discounts, unamortized loan fees and costs, and the allowance for credit losses. Interest on loans is recognized as income when earned on the accrual method and is not included within the loan balance. The Corporation’s general policy has been to stop accruing interest on loans when it is determined a reasonable doubt exists as to the collectability of additional interest. Income is subsequently recognized only to the extent that cash payments are received provided the loan is not delinquent in payment and, in management’s judgment, the borrower has the ability and intent to make future principal payments. Otherwise, payments are applied to the unpaid principal balance of the loan. Loans are restored to accrual status if certain conditions are met, including but not limited to, the repayment of all unpaid interest and scheduled principal due, ongoing performance consistent with the contractual agreement, and the future expectation of continued, timely payments. Loan origination and commitment fees as well as certain direct loan origination costs are being deferred and amortized as an adjustment to the related loan’s yield over the contractual lives of the related loans. Allowance for Credit Losses CECL Adoption and Updated Significant Accounting Policy On January 1, 2023, the Company adopted ASU 2016-13, Financial Instruments - Credit Losses (ASC Topic 326): Measurement of Credit Losses on Financial Instruments, which replaces the incurred loss methodology, and is referred to as CECL. The measurement of expected credit losses under CECL is applicable to financial assets measured at amortized cost, including loans and HTM debt securities. It also applies to off-balance sheet (“OBS”) credit exposures (loan commitments, standby letters of credit, financial guarantees, and other similar instruments). The Company adopted CECL using the modified retrospective method for all financial assets measured at amortized cost, net of investments in leases and OBS credit exposures. Results for reporting periods beginning after January 1, 2023 are presented under CECL, while prior period results are reported in accordance with the previously applicable incurred loss methodology. The Company recorded an overall decrease of $3,789,000 to the Allowance for Credit Losses (“ACL”) on January 1, 2023 as a result of the adoption of CECL with an associated increase to retained earnings of $2,993,000 and decrease to deferred tax assets of $796,000. The Company also recorded a liability of $1,703,000 for OBS credit exposures that resulted in a decrease to retained earnings of $1,346,000 and an increase to deferred tax assets of $357,000. The discussion that follows describes the methodology for determining the ACL under the CECL model that was adopted effective January 1, 2023. The allowance methodology for prior periods is disclosed in the Company’s 2022 Annual Report on Form 10-K. The Company has elected to exclude accrued interest receivable from the measurement of its ACL. When a loan is placed on non-accrual status, any outstanding accrued interest is reversed against interest income. Loans: The ACL for loans is an estimate of the expected losses to be realized over the life of the loans in the portfolio. The ACL is determined for two distinct categories of loans: 1) loans evaluated collectively for expected credit losses and 2) loans evaluated individually for expected credit losses. The ACL also includes certain qualitative and forecast adjustments to the CECL model. Loans Evaluated Collectively : • Loans aggregated into pools based on similar risk characteristics. • The probability of default "PD" and loss given default rate "LGD" CECL model components are determined based on loss estimates driven by historical experience at the input level. • The PD model component uses "through the economic cycle transition" matrices based on the Company's historical loan and transaction data across each pool of loans. Adjustments to PD are made based on the borrowers credit score and origination. • The LGD model component calculates a lifetime LGD estimate across each pool of loans utilizing a nonparametric loss curve modeling approach. Adjustments to LGD are made based on the loan-to-value at origination. • Reasonable and supportable forecasts are incorporated through the utilization of qualitative factors. • Cash flow assumptions are established for each loan using maturity date, amortization schedule and interest rate. • A constant prepayment rate is calculated for each loan pool in the CECL model. Loans Evaluated Individually : Loans evaluated individually for expected credit losses include loans determined to be collateral-dependant or that do not share similar risk characteristics with the rest of the pool. Loans evaluated individually may have specific allocations assigned. For loans measured using the fair value of collateral, if the analysis determines that sufficient collateral value would be available for repayment of the debt, then no allocations would be assigned to those loans. Collateral could be in the form of real estate or business assets, such as accounts receivable or inventory, in the case of commercial and industrial loans. For loans secured by real estate, estimated fair values are determined through appraisals performed by third-party appraisers or third party evaluations for commercial real estate loans and our internal appraisal department for 1-4 family real estate secured loans, discounted to arrive at expected net sale proceeds. For collateral dependent loans, estimated real estate fair values are also net of estimated selling costs. When a real estate secured loan is impaired, a decision is made regarding whether an updated appraisal of the real estate is necessary. This decision is based on various considerations, including: the age of the most recent appraisal; the loan-to-value ratio based on the original appraisal; the condition of the property; the Company’s experience and knowledge of the real estate market; the purpose of the loan; market factors; payment status; the strength of any guarantors; and the existence and age of other indications of value such as broker price opinions, among others. The Company generally obtains updated evaluations for collateral dependent loans secured predominantly by real estate every 12 months. When updated evaluations are not obtained for loans secured by real estate, fair values are estimated based on the original appraisal values, as long as the original appraisal indicated an acceptable loan-to-value position and there has not been a significant deterioration in the collateral value since the original appraisal was performed. Management regularly reviews loans in the portfolio to assess credit quality indicators and to determine appropriate loan classification. For commercial loans, commercial mortgages and construction loans to commercial borrowers, an internal credit rating process is used. The Company believes that internal credit ratings are the most relevant credit quality indicator for these types of loans. The migration of loans through the various internal credit rating categories is a significant component of the ACL methodology for these loans, which bases the PD on this migration. Assigning credit ratings involves judgment. Credit ratings may be changed based on ongoing monitoring procedures, or if specific loan review assessments identify a deterioration or an improvement in the loan. The following is a summary of the Company's internal credit rating categories: • Pass : These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk. • Special Mention : These loans have a heightened credit risk, but not to the point of justifying a classification of Substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak. • Substandard or Lower : There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt. The allocation of the ACL is reviewed to evaluate its appropriateness in relation to the overall risk profile of the loan portfolio. The Company considers risk factors such as: local and national economic conditions; trends in delinquencies and non-accrual loans; the diversity of borrower industry types; and the composition of the portfolio by loan type. Qualitative and Other Adjustments to ACL: In addition to the quantitative credit loss estimates for loans evaluated collectively, qualitative factors that may not be fully captured in the quantitative results are also evaluated. These include changes in lending policy, volume of the portfolio, economy conditions, credit concentrations, level of problem loans, loan review, collateral value, and experience of credit staff. Qualitative adjustments are judgmental and are based on Management’s knowledge of the portfolio and the markets in which the Company operates. Qualitative adjustments are evaluated and approved on a quarterly basis. OBS Credit Exposures: The ACL for OBS credit exposures is recorded in other liabilities on the consolidated balance sheet. This ACL represents management’s estimate of expected losses in its unfunded loan commitments and other OBS credit exposures, such as letters of credit and credit recourse on sold residential mortgage loans. The ACL specific to unfunded commitments is determined by estimating future draws and applying the expected loss rates on those draws. Future draws are based on historical averages of utilization rates (i.e., the likelihood of draws taken). The ACL for OBS credit exposures is increased or decreased by charges or reductions to expense, through the provision for credit losses. The impact from the adoption of CECL is shown below: January 1, 2023 (In Thousands) Pre-Adoption Adoption Impact As Reported Assets ACL on loans Commercial, financial, and agricultural $ 1,914 $ 2,656 $ 4,570 Real estate mortgage: Residential 5,061 (3,893) 1,168 Commercial 6,110 (2,660) 3,450 Construction 188 (96) 92 Consumer automobile loans 1,617 240 1,857 Other consumer installment loans 109 602 711 Unallocated 638 (638) — Liabilities ACL for unfunded commitments 143 1,703 1,846 $ 15,780 $ (2,086) $ 13,694 The allowance for credit losses represents the amount which management estimates is adequate to provide for probable losses inherent in its loan portfolio as of the Consolidated Balance Sheet date. The allowance method is used in providing for loan losses. Accordingly, all loan losses are charged to the allowance and all recoveries are credited to it. The allowance for credit losses is established through a provision for credit losses charged to operations. The provision for credit losses is based upon management’s quarterly review of the loan portfolio. The purpose of the review is to assess loan quality, identify individually evaluated loans, analyze delinquencies, ascertain loan growth, evaluate potential charge-offs and recoveries, and assess general economic conditions in the markets served. An external independent loan review is also performed semi-annually for the Banks. Management remains committed to an aggressive program of problem loan identification and resolution. Although management believes that it uses the best information available to make such determinations and that the allowance for credit losses is adequate at December 31, 2023, future adjustments could be necessary if circumstances or economic conditions differ substantially from the assumptions used in making the initial determinations. A downturn in the local economy, rising unemployment, or negative performance trends in financial information from borrowers could be indicators of subsequent increased levels of nonperforming assets and possible charge-offs, which would normally require increased credit loss provisions. An integral part of the periodic regulatory examination process is the review of the adequacy of the Banks' credit loss allowance. The regulatory agencies could require the Banks, based on their evaluation of information available at the time of their examination, to provide additional credit loss provisions to further supplement the allowance. Loan Charge-off Policies Loans are generally fully or partially charged down to the fair value of collateral securing the asset when: • management judges the asset to be uncollectible; • repayment is deemed to be protracted beyond reasonable time frames; • the asset has been classified as a loss by either the internal loan review process or external examiners; • the borrower has filed bankruptcy and the loss becomes evident due to a lack of assets; or • the loan is 180 days past due unless both well secured and in the process of collection. Troubled Loan Modifications Under GAAP, a modification is a Troubled Loan Modification (TLM) if the borrower is experiencing financial difficulties and the modification is a direct change in contractual cash flows. This excludes insignificant payment delays. ASU 2022-02 does not amend the current modification guidance other than to eliminate Troubled Debt Restructures (TDRs). An evaluation needs to be completed to determine whether the modification represents a new loan or a continuation of an existing loan. A loan modification or refinancing results in a new loan if: the terms of the new loan are at least as favorable to the lender as the terms of the other loans to similar borrowers, and the modifications to the terms of the loan are more than minor. Financial difficulties existing when: • the borrower may have financial difficulties even though not currently in default with the lender; • the borrower is currently delinquent on any of its debt (with or outside of the Bank); • it is probable the borrower will be in payment default on any of its debt in the foreseeable future without modification; • the borrower has declared or is declaring bankruptcy; • there is substantial doubt as to whether the borrower will continue to be a going concern (commercial loans); • the borrower has securities that have been, are in the process of, or under threat of being delisted from an exchange; • the forecasted cash flows will be insufficient to service the existing debt for the foreseeable future; and • without modification, the borrower cannot obtain funds from other sources at the same rate as a non-troubled borrower. A direct change in contractual cash flows includes: principal forgiveness, interest rate reduction, and term extension (other than an insignificant payment delay). Once a TLM is identified, an impairment calculation is completed. Those loans that are deemed collateral dependent loans will be measured for impairment separately, outside of the CECL model. Those that are not collateral dependent will be included in the CECL model. Loans Held for Sale In general, fixed rate residential mortgage loans originated by the Banks are held for sale and are carried at cost due to their short holding period, which can range from less than two weeks to a maximum of thirty days. Sold loans are not serviced by the Banks. Proceeds from the sale of loans in excess of the carrying value are accounted for as a gain. Total gains on the sale of loans are shown as a component of non-interest income within the Consolidated Statement of Income. Foreclosed Assets Foreclosed assets are carried at the lower of cost or fair value less estimated selling costs. Prior to foreclosure, the value of the underlying loan is written down to the fair value of the real estate to be acquired by a charge to the allowance for loan losses, if necessary. Any subsequent write-downs are charged against operating expenses. Net operating expenses and gains and losses realized from disposition are included in non-interest expense and income, respectively, within the Consolidated Statement of Income. Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed using straight-line and accelerated methods over the estimated useful lives of the related assets, which range from five fifteen Bank-Owned Life Insurance The Corporation has purchased life insurance policies on certain officers and directors. Bank-owned life insurance is recorded at its cash surrender value, or the amount that can be realized. Increases in the cash surrender value are recognized as a component of non-interest income within the Consolidated Statement of Income. Goodwill The Corporation performs an annual impairment analysis of goodwill for its purchased subsidiaries, Luzerne Bank and The M Group. Based on the fair value of these reporting units, estimated using the expected present value of future cash flows, an impairment of goodwill was recognized in 2022 of $653,000 related to The M Group. No impairment of goodwill was recognized in 2023 or 2021. Intangible Assets The Corporation also had intangible assets of $210,000, which is net of accumulated amortization of $810,000, as a result of the purchase of two books of business related to investment product sales. The book of business intangible is being amortized using the straight-line method over a period of ten years. Investments in Limited Partnerships The Corporation was a limited partner in two partnerships at December 31, 2023 that provides low income elderly housing in the Corporation’s geographic market area. The carrying value of the Corporation’s investment in the limited partnerships was $7,815,000 at December 31, 2023 and $8,656,000 at December 31, 2022. The investments will be amortized using the proportional amortization method over the period of the related tax benefits. Both partnerships have reached the level of occupancy needed to begin the ten year tax credit recognition period. There was $841,000 and $519,000 in amortization recognized in 2023 and 2022. The Corporation recognized a liability during 2022 in the amount of $3,873,000 for future equity contributions to be made to one of the partnerships, which is still outstanding at December 31, 2023. Off-Balance Sheet Financial Instruments In the ordinary course of business, the Corporation enters into off-balance sheet financial instruments. Those instruments consist of commitments to extend credit and standby letters of credit. When those instruments are funded or become payable, the Corporation reports the amounts in its financial statements. Marketing Cost Marketing costs are generally expensed as incurred. Income Taxes The Corporation prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not recognition threshold should be derecognized in the first subsequent financial reporting period in which that threshold is no longer met. Deferred tax assets and liabilities result from temporary differences in financial and income tax methods of accounting, and are reflected at currently enacted income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. The Corporation analyzed its deferred tax asset position and determined that there was not a need for a valuation allowance due to the Corporation’s ability to generate future ordinary and capital taxable income. The Corporation when applicable recognizes interest and penalties on income taxes as a component of income tax provision. Earnings Per Share The Corporation provides dual presentation of basic and diluted earnings per share. Basic earnings per share is calculated utilizing net income as reported in the numerator and weighted average shares outstanding in the denominator. The computation of diluted earnings per share differs in that the dilutive effects of any stock options are adjusted in the denominator. Employee Benefits Pension and employee benefits include contributions, determined actuarially, to a defined benefit retirement plan covering the eligible employees of JSSB. The plan is funded on a current basis to the extent that it is deductible under existing federal tax regulations. Pension and other employee benefits also include contributions to a defined contribution Section 401(k) plan covering eligible employees. Contributions matching those made by eligible employees are funded throughout the year. In addition, an elective contribution may be made annually at the discretion of the board of directors. The M Group Products and Income Recognition The M Group product line is comprised primarily of annuities, life insurance, and mutual funds. The revenues generated from life insurance sales are commission only, as The M Group does not underwrite the policies. Life insurance sales include permanent and term policies with the majority of the policies written being permanent. Term life insurance policies are written for 10, 15, 20, and 30 year terms with the majority of the policies being written for 20 years. None of these products are offered as an integral part of lending activities. Commissions from the sale of annuities are recognized at the time notice is received from the third party broker/dealer or an insurance company that the transaction has been accepted and approved, which is also the time when commission income is received. Life insurance commissions are recognized at varying points based on the payment option chosen by the customer. Commissions from monthly and annual payment plans are recognized at the start of each annual period for the life insurance, while quarterly and semi-annual premium payments are recognized quarterly and semi-annually when the earnings process is complete. For example, semi-annual payments on the first of January and July would result in commission income recognition on the first of January and July, while payments on the first of January, April, July, and October would result in commission income recognition on those dates. The potential for chargebacks only exists for those policies on a monthly payment plan since income is recognized at the beginning of the annual coverage period versus at the time of each monthly payment. No liability is maintained for chargebacks as these are removed from income at the time of the occurrence. Accumulated Other Comprehensive Income (Loss) The Corporation is required to present accumulated other comprehensive income (loss) in a full set of general-purpose financial statements for all periods presented. Accumulated other comprehensive income (loss) is comprised of unrealized holding gains (losses) on the available for sale securities portfolio and the unrecognized components of net periodic benefit costs of the defined benefit pension plan. Segment Reporting The Corporation has determined that its only reportable segment is Community Banking. Reclassification of Comparative Amounts Certain items previously reported have been reclassified to conform to the current year’s reporting format. Such reclassifications did not affect net income or shareholders’ equity. Recent Accounting Pronouncements Not Yet Adopted In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment . To simplify the subsequent measurement of goodwill, the FASB eliminated Step 2 from the goodwill impairment test. In computing the implied fair value of goodwill under Step 2, an entity had to perform procedures to determine the fair value at the impairment testing date of its assets and liabilities (including unrecognized assets and liabilities) following the procedure that would be required in determining the fair value of assets acquired and liabilities assumed in a business combination. Instead, under the amendments in this Update, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The Update is effective for smaller reporting companies and all other entities for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. This Update is not expected to have a significant impact on the Company’s financial statements. In January 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, March 2020 , to provide temporary optional expedients and exceptions to the U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate. Entities can elect not to apply certain modification accounting requirements to contracts affected by what the guidance calls “reference rate reform” if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Also, entities can elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform if certain criteria are met, and can make a one-time election to sell and/o

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The changes in accumulated other comprehensive income (loss) by component shown, net of tax and parenthesis indicating debits to net income, as of December 31, 2023, 2022, and 2021 were as follows: Twelve Months Ended Twelve Months Ended Twelve Months Ended (In Thousands) Net Unrealized (Loss) Gain on Available * Defined Total* Net Unrealized Gain (Loss) on Available * Defined * Total * Net Unrealized Gain (Loss) on Available * Defined * Total * Beginning balance $ (9,819) $ (4,139) $ (13,958) $ 2,373 $ (3,485) $ (1,112) $ 4,714 $ (5,596) $ (882) Other comprehensive income (loss) before reclassifications 3,271 1,268 4,539 (12,365) (709) (13,074) (1,789) 1,965 176 Amounts reclassified from accumulated other comprehensive income (loss) 152 117 269 173 55 228 (552) 146 (406) Net current-period other comprehensive income (loss) 3,423 1,385 4,808 (12,192) (654) (12,846) (2,341) 2,111 (230) Ending balance $ (6,396) $ (2,754) $ (9,150) $ (9,819) $ (4,139) $ (13,958) $ 2,373 $ (3,485) $ (1,112) *Amounts net of 21% tax rate The reclassifications out of accumulated other comprehensive (loss) income shown, net of tax and parenthesis indicating debits to net income, as of December 31, 2023, 2022, and 2021 were as follows: (In Thousands) Amount Reclassified from Accumulated Other Comprehensive (Loss) Income Details about Accumulated Other Comprehensive (Loss) Income Components Twelve Months Ended Affected Line Item December 31, 2023 December 31, 2022 December 31, 2021 Net realized (loss) gain on available for sale securities $ (193) $ (219) $ 699 Net debt securities (losses) gain, net available for sale Income tax effect 41 46 (147) Income tax provision $ (152) $ (173) $ 552 Net unrecognized pension expense $ (148) $ (69) $ (186) Other non-interest expense Income tax effect 31 14 40 Income tax provision $ (117) $ (55) $ (146)

PER SHARE DATA

PER SHARE DATA	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
PER SHARE DATA	PER SHARE DATA There are no convertible securities which would affect the denominator in calculating basic and dilutive earnings per share; therefore, net income as presented on the consolidated statement of income will be used as the numerator. The following table sets forth the composition of the weighted average common shares (denominator) used in the basic and dilutive per share computation. Year Ended December 31, 2023 2022 2021 Weighted average common shares issued 7,622,675 7,559,306 7,542,043 Average treasury stock shares (510,225) (499,869) (480,225) Weighted average common shares outstanding - basic 7,112,450 7,059,437 7,061,818 Dilutive effect of outstanding stock options — — — Weighted average common shares outstanding - diluted 7,112,450 7,059,437 7,061,818 There were a total of 1,000,000 non-qualified employee stock options (Note 14) outstanding on December 31, 2023 that had a weighted average strike price of $25.55. Options on December 31, 2022 had an average strike price of $25.34 with a total of 914,000 options outstanding. Grants outstanding at year-end 2021 totaled to 1,034,525 options with an average strike price of $27.23. These options were excluded, on a weighted average basis, in the computation of diluted earnings per share for the 2023, 2022, and 2021 periods presented due to the average market price of common shares being less than the strike price of the options.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	INVESTMENT SECURITIES The amortized cost, gross gains and losses, and fair values of investment securities at December 31, 2023 and 2022 are as follows: 2023 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for sale (AFS): U.S. Government and agency securities $ 4,000 $ 3 $ (60) $ 3,943 Mortgage-backed securities 15,457 120 (222) 15,355 State and political securities 120,740 162 (5,287) 115,615 Other debt securities 58,844 97 (2,909) 56,032 Total debt securities $ 199,041 $ 382 $ (8,478) $ 190,945 Investment equity securities: Other equity securities $ 1,300 $ — $ (178) $ 1,122 Total equity securities $ 1,300 $ — $ (178) $ 1,122 2022 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for sale (AFS): U.S. Government and agency securities $ 3,002 $ — $ (106) $ 2,896 Mortgage-backed securities 1,496 — (214) 1,282 State and political securities 151,426 157 (8,774) 142,809 Other debt securities 50,178 58 (3,550) 46,686 Total debt securities $ 206,102 $ 215 $ (12,644) $ 193,673 Investment equity securities: Other equity securities $ 1,350 $ — $ (208) $ 1,142 Total equity securities $ 1,350 $ — $ (208) $ 1,142 The following tables show the Corporation’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, at December 31, 2023 and 2022. 2023 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (In Thousands) Value Losses Value Losses Value Losses Available for sale (AFS) U.S. Government and agency securities $ — $ — $ 2,940 $ (60) $ 2,940 $ (60) Mortgage-backed securities 7,559 (78) 984 (144) 8,543 (222) State and political securities 6,051 (128) 99,405 (5,159) 105,456 (5,287) Other debt securities 12,976 (218) 35,449 (2,691) 48,425 (2,909) Total Debt Securities AFS $ 26,586 $ (424) $ 138,778 $ (8,054) $ 165,364 $ (8,478) 2022 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (In Thousands) Value Losses Value Losses Value Losses Available for sale (AFS) U.S. Government and agency securities $ 2,896 $ (106) $ — $ — $ 2,896 $ (106) Mortgage-backed securities — — 1,282 (214) 1,282 (214) State and political securities 95,444 (4,797) 36,283 (3,977) 131,727 (8,774) Other debt securities 16,896 (664) 25,144 (2,886) 42,040 (3,550) Total Debt Securities AFS $ 115,236 $ (5,567) $ 62,709 $ (7,077) $ 177,945 $ (12,644) At December 31, 2023 there were 27 individual securities in a continuous unrealized loss position for less than twelve months and 177 individual securities in a continuous unrealized loss position for greater than twelve months. The Corporation reviews its position quarterly and has asserted that at December 31, 2023 and 2022, the declines outlined in the above table do not represent credit losses and the Corporation does not intend to sell and does not believe they will be required to sell these securities before recovery of their cost basis, which may be at maturity. The Corporation has concluded that no allowance for credit losses is necessary as the unrealized losses are the result of interest rate changes that are not expected to result in the non-collection of principal and interest during the period. The amortized cost and fair value of debt securities at December 31, 2023, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities since borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Cost Fair Value Due in one year or less $ 37,991 $ 37,305 Due after one year to five years 78,601 74,864 Due after five years to ten years 71,951 68,271 Due after ten years 10,498 10,505 Total $ 199,041 $ 190,945 Total gross proceeds from sales of securities available for sale were $24,702,000, $5,557,000, and $17,947,000 for 2023, 2022, and 2021, respectively. The following table represents gross realized gains and losses on those transactions: Year Ended December 31, (In Thousands) 2023 2022 2021 Gross realized gains: U.S. Government and agency securities $ — $ — $ — Mortgage-backed securities — — — State and political securities 146 14 408 Other debt securities — — 323 Total gross realized gains $ 146 $ 14 $ 731 Gross realized losses: U.S. Government and agency securities $ — $ — $ — Mortgage-backed securities — — — State and political securities 339 233 32 Other debt securities — — — Total gross realized losses $ 339 $ 233 $ 32 There were no impairment charges included in gross realized losses for the years ended December 31, 2023, 2022, and 2021. Investment securities with a carrying value of approximately $107,800,000 and $154,946,000 at December 31, 2023 and 2022, respectively, were pledged to secure certain deposits, repurchase agreements, and for other purposes as required by law. Equity securities consist of Community Reinvestment Act funds along with other smaller investments in other exchange traded equities. At December 31, 2023 and December 31, 2022, we had $1,122,000 and $1,142,000, respectively, in equity securities recorded at fair value. The following is a summary of unrealized and realized gains and losses recognized in net income on equity securities during the years ended December 31, 2023, 2022 and 2021: (In Thousands) 2023 2022 2021 Net gain (loss) recognized in equity securities during the period $ 15 $ (146) $ (40) Less: Net (loss) gain realized on the sale of equity securities during the period (1) — — Unrealized gain (loss) recognized in equity securities held at reporting date $ 16 $ (146) $ (40)

FEDERAL HOME LOAN BANK STOCK

FEDERAL HOME LOAN BANK STOCK	12 Months Ended
	Dec. 31, 2023
Federal Home Loan Banks [Abstract]
FEDERAL HOME LOAN BANK STOCK	FEDERAL HOME LOAN BANK STOCK The Banks are members of the Federal Home Loan Bank (“FHLB”) of Pittsburgh and as such, are required to maintain a minimum investment in stock of the FHLB that varies with the level of advances outstanding with the FHLB. The stock is bought from and sold to the FHLB based upon its $100 par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost and evaluated for impairment as necessary. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) the significance of the decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted (b) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance (c) the impact of legislative and regulatory changes on the customer base of the FHLB and (d) the liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein. Management considered that the FHLB maintains regulatory capital ratios in excess of all regulatory capital requirements, liquidity appears adequate, new shares of FHLB stock continue to change hands at the $100 par value, and the payment of dividends.

LOAN CREDIT QUALITY AND RELATED

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES	12 Months Ended
	Dec. 31, 2023
Loans and Leases Receivable Disclosure [Abstract]
LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES	LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES Management segments the Banks' loan portfolio to a level that enables risk and performance monitoring according to similar risk characteristics. Loans are segmented based on the underlying collateral characteristics. Categories include commercial, financial, and agricultural, real estate, and installment loans. Real estate loans are further segmented into three categories: residential, commercial, and construction, while installment loans are classified as either consumer automobile loans or other installment loans. The following table presents the related aging categories of loans, by class, as of December 31, 2023 and 2022: 2023 (In Thousands) Past Due Past Due 90 Current Total Commercial, financial, and agricultural $ 749 $ 587 $ 212,130 $ 213,466 Real estate mortgage: Residential 10,158 1,970 786,373 798,501 Commercial 1,466 273 529,862 531,601 Construction 812 — 39,577 40,389 Consumer automobile loans 2,748 307 241,343 244,398 Other consumer installment loans 620 11 9,730 10,361 $ 16,553 $ 3,148 $ 1,819,015 1,838,716 Net deferred loan fees and discounts 1,048 Allowance for credit losses (11,446) Loans, net $ 1,828,318 2022 (In Thousands) Past Due Past Due 90 Current Total Commercial, financial, and agricultural $ 94 $ 432 $ 189,935 $ 190,461 Real estate mortgage: Residential 5,472 1,644 701,093 708,209 Commercial 2,564 2,719 495,349 500,632 Construction 511 — 42,797 43,308 Consumer automobile loans 2,089 80 183,943 186,112 Other consumer installment loans 152 15 10,194 10,361 $ 10,882 $ 4,890 $ 1,623,311 1,639,083 Net deferred loan fees and discounts 648 Allowance for loan losses (15,637) Loans, net $ 1,624,094 The majority of the commercial real-estate segment is 1-4 family residential or owner occupied properties. The Banks have not historically focused on non-owner occupied office buildings. As of December 31, 2023, non-mixed use non-owner occupied office building exposure is less than $20,000,000 with no loans being past due or nonperforming. The Allowance for Credit Losses ("ACL") related to loans consists of loans evaluated collectively and individually for expected credit losses. The ACL related to loans represents an estimate of expected credit losses over the expected life of the loans as of the balance sheet date and is recorded as a reduction to net loans. The ACL for off balance sheet credit exposure includes estimated losses on unfunded loan commitments, letters of credit and other off balance sheet credit exposures and is recorded in other liabilities. The total ACL is increased by charges to expense, through the provision for credit losses, and decreased by charge-offs, net of recoveries. The following table presents the components of the ACL as of December 31, 2023: December 31, (In Thousands) 2023 ACL - loans $ 11,446 ACL - off balance sheet credit exposure 1,342 Total ACL $ 12,788 Non-Accrual Loans December 31, 2023 December 31, 2022 Non-accrual Loans (In Thousands) With a Related ACL Without a Related ACL Total Total Non-accrual loans Commercial, financial, and agricultural $ — $ 504 $ 504 $ 432 Real estate mortgage: Residential 21 259 280 524 Commercial — 214 214 2,659 Construction — — — — Consumer automobile — — — — Other consumer installment loans — — — — $ 21 $ 977 $ 998 $ 3,615 Total interest income recorded on non-accrual loans at December 31, 2023 totaled $117,000. Impaired Loans The following table presents the recorded investment, unpaid principal balance, and related allowance of impaired loans by segment as of December 31, 2022: 2022 (In Thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial, financial, and agricultural $ 295 $ 295 $ — Real estate mortgage: Residential 3,388 3,388 — Commercial 2,588 2,588 — Construction — — — Consumer automobile loans — — — Other consumer installment loans — — — 6,271 6,271 — With an allowance recorded: Commercial, financial, and agricultural 403 403 4 Real estate mortgage: Residential 933 933 111 Commercial 3,607 3,607 827 Construction — — — Consumer automobile loans — — — Other consumer installment loans 19 — 19 4,962 4,943 961 Total: Commercial, financial, and agricultural 698 698 4 Real estate mortgage: Residential 4,321 4,321 111 Commercial 6,195 6,195 827 Construction — — — Consumer automobile loans — — — Other consumer installment loans 19 — 19 $ 11,233 $ 11,214 $ 961 The following table presents the average recorded investment in impaired loans and related interest income recognized for December 31, 2022 and 2021: 2022 (In Thousands) Average Interest Income Interest Income Commercial, financial, and agricultural $ 765 $ 20 $ — Real estate mortgage: Residential 4,676 192 3 Commercial 7,233 201 26 Construction 34 1 — Consumer automobile loans 3 1 — Other consumer installment loans 16 — — $ 12,727 $ 415 $ 29 2021 (In Thousands) Average Interest Income Interest Income Commercial, financial, and agricultural $ 1,345 $ 13 $ — Real estate mortgage: Residential 5,530 174 — Commercial 9,462 122 — Construction 116 2 — Consumer automobile loans 30 — — Other consumer installment loans 12 1 — $ 16,495 $ 312 $ — At December 31, 2023, additional funds totaling $2,000 are committed to be advanced in connection with individually evaluated loans. The following table presents outstanding loan balances of collateral-dependent loans by class as of December 31, 2023: (In Thousands) Real estate Unsecured* Total Real estate mortgage: Residential $ 1,533 $ — $ 1,533 Commercial 88 — 88 Total $ 1,621 $ — $ 1,621 * Loan considered unsecured due to lien position on property Loan Modifications On January 1, 2023, the Corporation adopted ASU 2022-02. Loan modifications to borrowers experiencing financial difficulty reported below do not include modifications with insignificant payment delays. ASU 2022-02 lists the following factors when considering if the loan modification has insignificant payment delays: (1) the amount of the restructured payments subject to the delay is insignificant relative to the unpaid principal or collateral value of the debt and will result in an insignificant shortfall in the contractual amount due, and (2) the delay in timing of the restructured payment period is insignificant relative to the frequency of payments due under the debt, the debt’s original contractual maturity or the debt’s original expected duration. Prior to the adoption of ASU 2022-02 the loan portfolio also includes certain loans that have been modified in a Troubled Debt Restructuring ("TDR"), where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance, or other actions. Certain TDRs are classified as non-performing at the time of restructure and may only be returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period, generally six months. There were no loan modifications to borrowers experiencing financial difficulty completed during the twelve months ended December 31, 2023. Of the one new TDRs that was granted for the year ended December 31, 2022, one loan totaling $220,000 was granted rate concessions. No loan modifications considered TDRs made during the twelve months prior to December 31, 2023 and 2022 defaulted. Loans considered modifications amounted to $5,019,000 and $7,468,000 as of December 31, 2023 and December 31, 2022, respectively. Loan modifications that are considered TDRs completed during the twelve months ended December 31, 2023, 2022, and 2021 were as follows: Year Ended December 31, 2022 (In Thousands, Except Number of Contracts) Number Pre-Modification Post-Modification Commercial, financial, and agricultural — $ — $ — Real estate mortgage: Residential 1 220 220 Commercial — — — Construction — — — Other consumer installment loans — — — Total 1 $ 220 $ 220 Year Ended December 31, 2021 (In Thousands, Except Number of Contracts) Number Pre-Modification Post-Modification Commercial, financial, and agricultural 1 $ 949 $ 949 Real estate mortgage: Residential 3 1,265 1,265 Commercial 2 842 842 Construction — — — Other consumer installment loans — — — Total 6 $ 3,056 $ 3,056 Internal Credit Ratings Management uses a ten point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first six categories are considered not criticized, and are aggregated as “Pass” rated. The criticized rating categories utilized by management generally follow bank regulatory definitions. The Special Mention category includes assets that are currently protected but are potentially weak, resulting in an undue and unwarranted credit risk, but not to the point of justifying a Substandard classification. Loans in the Substandard category have well-defined weaknesses that jeopardize the liquidation of the debt, and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. All loans greater than 90 days past due are evaluated for Substandard classification. Loans in the Doubtful category exhibit the same weaknesses found in the Substandard loans, however, the weaknesses are more pronounced. Such loans are static and collection in full is improbable. However, these loans are not yet rated as loss because certain events may occur which would salvage the debt. Loans classified Loss are considered uncollectible and charge-off is imminent. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Banks have a structured loan rating process with several layers of internal and external oversight. Generally, consumer and residential mortgage loans are included in the pass category unless a specific action, such as bankruptcy, repossession, or death occurs to raise awareness of a possible credit event. An external semi-annual loan review of large commercial relationships is performed, as well as a sample of smaller transactions. The 2023 loan review evaluated 59% of the Bank's average outstanding commercial portfolio which can consist of outstanding loans, commercial real estate mortgages and outstanding commitments. Detailed reviews, including plans for resolution, are performed on loans classified as substandard, doubtful, or loss on a quarterly basis. The following table presents the credit quality categories identified above as of December 31, 2023 and 2022: December 31, 2023 (In Thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial, financial, and agricultural Pass $ 31,190 $ 49,615 $ 35,901 $ 31,980 $ 3,123 $ 29,502 $ 29,397 $ 101 $ 210,809 Special Mention — 183 37 19 — 138 223 — 600 Substandard or Lower — — — 85 — 742 487 743 2,057 $ 31,190 $ 49,798 $ 35,938 $ 32,084 $ 3,123 $ 30,382 $ 30,107 $ 844 $ 213,466 Current period gross write offs $ — $ 41 $ — $ — $ — $ — $ — $ — $ 41 Real estate mortgage: Residential Pass $ 135,939 $ 134,077 $ 88,844 $ 51,378 $ 33,914 $ 148,802 $ 56,519 $ 146,055 $ 795,528 Special Mention — 844 273 — — — — — 1,117 Substandard or Lower — — — — — 1,790 — 66 1,856 $ 135,939 $ 134,921 $ 89,117 $ 51,378 $ 33,914 $ 150,592 $ 56,519 $ 146,121 $ 798,501 Current period gross write offs $ — $ — $ — $ — $ — $ 9 $ 73 $ — $ 82 Commercial Pass $ 55,664 $ 107,638 $ 128,094 $ 49,603 $ 24,104 $ 144,377 $ 12,338 $ 821 $ 522,639 Special Mention — 153 2,990 — — 1,891 — — 5,034 Substandard or Lower — — — — 59 3,869 — — 3,928 $ 55,664 $ 107,791 $ 131,084 $ 49,603 $ 24,163 $ 150,137 $ 12,338 $ 821 $ 531,601 Current period gross write offs $ 59 $ — $ — $ — $ — $ 3 $ — $ — $ 62 Construction Pass $ 25,494 $ 6,837 $ 1,742 $ 1,302 $ 392 $ 4,272 $ 261 $ — $ 40,300 Special Mention — — — — — — — — — Substandard or Lower — — — — — 89 — — 89 $ 25,494 $ 6,837 $ 1,742 $ 1,302 $ 392 $ 4,361 $ 261 $ — $ 40,389 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Consumer Automobile Pass $ 119,922 $ 78,443 $ 19,567 $ 15,348 $ 7,305 $ 3,813 $ — $ — $ 244,398 Special Mention — — — — — — — — — Substandard or Lower — — — — — — — — — $ 119,922 $ 78,443 $ 19,567 $ 15,348 $ 7,305 $ 3,813 $ — $ — $ 244,398 Current period gross write offs $ 30 $ 320 $ 178 $ 113 $ 8 $ 17 $ — $ — $ 666 Installment loans to individuals Pass $ 2,952 $ 2,188 $ 1,177 $ 524 $ 407 $ 3,071 $ — $ 42 $ 10,361 Special Mention — — — — — — — — — Substandard or Lower — — — — — — — — — $ 2,952 $ 2,188 $ 1,177 $ 524 $ 407 $ 3,071 $ — $ 42 $ 10,361 Current period gross write offs $ 232 $ 47 $ 23 $ 8 $ 12 $ 34 $ 13 $ 11 $ 380 The information presented in the table above is not required for periods prior to the adoption of CECL. The following table presents the most comparable required information for the prior period, internal credit ratings for the report loan segments as of December 31, 2022: 2022 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment (In Thousands) Residential Commercial Construction Totals Pass $ 184,783 $ 705,515 $ 488,993 $ 43,209 $ 186,112 $ 10,361 $ 1,618,973 Special Mention 125 266 4,526 — — — 4,917 Substandard 5,553 2,428 7,113 99 — — 15,193 Total $ 190,461 $ 708,209 $ 500,632 $ 43,308 $ 186,112 $ 10,361 $ 1,639,083 Activity in the allowance is presented for the twelve months ended December 31, 2023, 2022, and 2021: 2023 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,914 $ 5,061 $ 6,110 $ 188 $ 1,617 $ 109 $ 638 $ 15,637 Impact of adopting ASC 326 2,656 (3,893) (2,660) (96) 240 602 (638) (3,789) Charge-offs (41) (82) (62) — (666) (380) — (1,231) Recoveries 1,538 29 26 — 79 84 — 1,756 Provision (2,688) 85 (62) 53 1,398 287 — (927) Ending Balance $ 3,379 $ 1,200 $ 3,352 $ 145 $ 2,668 $ 702 $ — $ 11,446 2022 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,946 $ 4,701 $ 5,336 $ 179 $ 1,411 $ 111 $ 492 $ 14,176 Charge-offs (21) (21) (154) — (386) (267) — (849) Recoveries 186 47 4 29 58 76 — 400 Provision (197) 334 924 (20) 534 189 146 1,910 Ending Balance $ 1,914 $ 5,061 $ 6,110 $ 188 $ 1,617 $ 109 $ 638 $ 15,637 2021 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,936 $ 4,460 $ 3,635 $ 134 $ 1,906 $ 261 $ 1,471 $ 13,803 Charge-offs (37) (219) (14) — (286) (173) — (729) Recoveries 27 112 109 10 143 61 — 462 Provision 20 348 1,606 35 (352) (38) (979) 640 Ending Balance $ 1,946 $ 4,701 $ 5,336 $ 179 $ 1,411 $ 111 $ 492 $ 14,176 The shift in allocation and the changes in the provision for credit losses are primarily due to changes in the credit metrics within the loan portfolio coupled with the adoption of CECL on January 1, 2023. The provision for commercial and agricultural loans decreased during 2023 due to an increase in the level of net recoveries which had a significant impact on the ACL model's PD assumption. The reserve for residential real estate loans decreased primarily due to the adoption of CECL. The provision for commercial real estate loans decreased primarily due to the adoption of CECL and improvement in portfolio credit metrics. The provision for consumer automobiles increased due to increased indirect loan volume and an increase in net charge-offs. The provision for commercial and agricultural loans decreased during 2022 due to levels and trends of nonaccrual loans in our portfolio and a decline in net charge-offs. The provision for residential real estate loans remained flat as the portfolio size increased but was offset by a decline in the level of net charge-offs. The provision for this loan type is adjusted by national indices as well as our historical losses. The provision for commercial real estate loans decreased primarily due to an improvement in portfolio credit metrics. The provision for consumer automobiles increased due to increased indirect loan volume and concerns regarding the impact of inflation on the customer base. The Corporation grants commercial, industrial, residential, and installment loans to customers throughout north-east and central Pennsylvania. Although the Corporation has a diversified loan portfolio at December 31, 2023 and 2022, a substantial portion of its debtors’ ability to honor their contracts is dependent on the economic conditions within this region. The amount of foreclosed residential real estate held at December 31, 2023 and December 31, 2022, totaled $700,000 and $950,000, respectively. Consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process at December 31, 2023 and December 31, 2022, totaled $601,000 and $890,000, respectively. The Corporation has a concentration of loans at December 31, 2023 and 2022 as follows: 2023 2022 Owners of residential rental properties 18.74 % 19.67 % Owners of commercial rental properties 14.65 % 15.63 % The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2022: 2022 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment Unallocated Totals (In Thousands) Residential Commercial Construction Allowance for Loan Losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 4 $ 111 $ 827 $ — $ — $ 19 $ — $ 961 Collectively evaluated for impairment 1,910 4,950 5,283 188 1,617 90 638 14,676 Total ending allowance balance $ 1,914 $ 5,061 $ 6,110 $ 188 $ 1,617 $ 109 $ 638 $ 15,637 Loans: Individually evaluated for impairment $ 698 $ 4,321 $ 6,195 $ — $ — $ 19 $ 11,233 Collectively evaluated for impairment 189,763 703,888 494,437 43,308 186,112 10,342 1,627,850 Total ending loans balance $ 190,461 $ 708,209 $ 500,632 $ 43,308 $ 186,112 $ 10,361 $ 1,639,083

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
PREMISES AND EQUIPMENT	PREMISES AND EQUIPMENT Major classifications of premises and equipment are summarized as follows at December 31, 2023 and 2022: (In Thousands) 2023 2022 Land $ 6,595 $ 6,680 Premises 22,129 22,571 Furniture and equipment 13,223 12,732 Leasehold improvements 4,157 4,000 Finance lease right-of-use assets 6,576 7,006 Total 52,680 52,989 Less accumulated depreciation and amortization 22,430 21,145 Net premises and equipment $ 30,250 $ 31,844 Depreciation and amortization related to premises and equipment for the years ended 2023, 2022, and 2021 was $1,990,000, $2,107,000, and $2,436,000, respectively.

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLES	GOODWILL AND OTHER INTANGIBLES As of December 31, 2023 and 2022, goodwill had a gross carrying value of $17,380,000 and accumulated amortization of $277,000. During 2022 an impairment charge of $653,000 was recognized resulting in a net carrying amount of $16,450,000 at December 31, 2022. The impairment charge occurred due to a decline in revenue that was experienced during 2022 for The M Group. The gross carrying amount of goodwill is tested for impairment annually. Based on the fair value of the reporting unit, estimated using the expected present value of future cash flows, there was no evidence of impairment of the carrying amount at December 31, 2023. Identifiable intangibles are amortized to their estimated residual values over the expected useful lives. Such lives are also periodically reassessed to determine if any amortization period adjustments are required. Since the acquisition, no such adjustments were recorded. The identifiable intangible assets consist of two book of business intangibles that are being amortized on a straight-line basis over the useful life of such assets. The net carrying amount of the book of business intangibles at December 31, 2023 was $210,000 with $810,000 accumulated amortization as of that date. As of December 31, 2023, the estimated future amortization expense for the core deposit and trade name intangible was: (In Thousands) Book of Business Intangible 2024 $ 102 2025 102 2026 6 $ 210

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2023
Nonmonetary Transactions [Abstract]
DEPOSITS	DEPOSITS Time deposits of $250,000 or more totaled approximately $50,722,000 on December 31, 2023 and $31,501,000 on December 31, 2022. Total time deposit maturities are as follows at December 31, 2023: (In Thousands) 2023 2024 $ 266,948 2025 100,566 2026 11,228 2027 4,443 2028 1,050 Thereafter 557 Total $ 384,792 Total deposits at December 31, 2023 and 2022 are as follows: 2023 2022 (In Thousands) Amount Amount Noninterest-bearing $ 471,173 $ 519,063 Savings 219,287 247,952 Super Now 214,888 372,574 Money Market 299,353 270,589 Time 260,067 137,949 Brokered Time Deposits 124,725 8,333 Total deposits $ 1,589,493 $ 1,556,460

SHORT-TERM BORROWINGS

SHORT-TERM BORROWINGS	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
SHORT-TERM BORROWINGS	SHORT-TERM BORROWINGS Short-term borrowings consist of securities sold under agreements to repurchase and primarily FHLB advances, which generally represent overnight or less than six month borrowings. In addition to the outstanding balances noted below, the Banks also have additional lines of credit totaling $100,000,000 available from correspondent banks other than the FHLB. The outstanding balances and related information for short-term borrowings are summarized as follows at December 31, 2023 and 2022: (In Thousands) 2023 2022 Repurchase Agreements: Balance at year end $ 3,631 $ 5,153 Maximum amount outstanding at any month end 5,153 6,634 Average balance outstanding during the year 4,110 5,216 Weighted-average interest rate: At year end 0.45 % 0.29 % Paid during the year 0.57 % 0.16 % Overnight: Balance at year end $ 92,295 $ 148,196 Maximum amount outstanding at any month end 178,010 148,196 Average balance outstanding during the year 126,742 24,099 Weighted-average interest rate: At year end 5.68 % 4.45 % Paid during the year 5.45 % 4.14 % Short-Term: Balance at year end $ 50,000 $ — Maximum amount outstanding at any month end 50,000 — Average balance outstanding during the year 26,288 — Weighted-average interest rate: At year end 5.62 % — % Paid during the year 5.59 % — % We utilize securities sold under agreements to repurchase to facilitate the needs of our customers and to facilitate secured short-term funding needs. Securities sold under agreements to repurchase are stated at the amount of cash received in connection with the transaction. We monitor collateral levels on a continuous basis. We may be required to provide additional collateral based on the fair value of the underlying securities. Securities pledged as collateral under repurchase agreements are maintained with our safekeeping agents. The remaining contractual maturity of repurchase agreements in the consolidated balance sheets as of December 31, 2023 and 2022 is presented in the following tables. 2023 2022 Remaining Contractual Maturity of the Agreements (In Thousands) Overnight and Continuous Overnight and Continuous Repurchase Agreements: State and political securities $ 7,976 $ 6,193 Other debt securities — 972 Total carrying value of collateral pledged $ 7,976 $ 7,165 Total liability recognized for repurchase agreements $ 3,631 $ 5,153

LONG-TERM BORROWINGS

LONG-TERM BORROWINGS	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
LONG-TERM BORROWINGS	LONG-TERM BORROWINGS The following represents outstanding long-term borrowings with the FHLB by contractual maturities at December 31, 2023 and 2022: (In Thousands) Weighted Average Interest Rate Stated Interest Rate Range Description Maturity 2023 2022 From To 2023 2022 Fixed 2023 — % 2.60 % 1.84 % 3.10 % $ — $ 25,000 Fixed 2024 2.24 % 2.24 % 1.50 % 2.96 % 40,000 40,000 Fixed 2025 3.97 % 1.62 % 1.14 % 5.48 % 95,000 30,000 Fixed 2026 4.54 % — % 4.31 % 5.01 % 15,000 — Fixed 2027 4.30 % — % 4.05 % 4.88 % 40,000 — Fixed 2028 3.94 % — % 3.76 % 4.45 % 55,000 — Total Fixed 3.77 % 2.14 % 245,000 95,000 Total 3.77 % 2.14 % $ 245,000 $ 95,000 (In Thousands) Amount Weighted Average Rate 2024 $ 40,000 2.24 % 2025 95,000 3.97 % 2026 15,000 4.54 % 2027 40,000 4.30 % 2028 55,000 3.94 % $ 245,000 3.77 % The Banks maintain a credit arrangement which includes a revolving line of credit with the FHLB. Under this credit arrangement, at December 31, 2023, JSSB has a remaining borrowing capacity of $274,524,000 and Luzerne has a remaining capacity of $188,554,000, which are subject to annual renewal and typically incur no service charges. Under terms of a blanket agreement, collateral for the FHLB borrowings must be secured by certain qualifying assets of each Bank which consist principally of first mortgage loans and state and political securities, along with other securities. Total outstanding letters of credit at December 31, 2023 with the FHLB for JSSB are $200,000 while Luzerne has $0 outstanding.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The following temporary differences gave rise to the net deferred tax asset position at December 31, 2023 and 2022: (In Thousands) 2023 2022 Deferred tax assets: Allowance for loan losses $ 2,685 $ 3,314 Deferred compensation 1,838 1,788 Lease liability 2,317 2,203 Fair value adjustment on equity securities 37 40 Unrealized loss on available for sale securities 1,700 2,610 Non-qualified Stock Options 668 883 Capital loss carryforward 380 380 Other 174 202 Total 9,799 11,420 Deferred tax liabilities: Lease right of use asset 2,090 2,028 Defined pension 1,359 914 Investment security accretion 311 177 Deferred loan fees and discounts 218 135 Depreciation 356 481 Amortization 430 437 Valuation allowance 380 380 Total 5,144 4,552 Deferred tax asset, net $ 4,655 $ 6,868 A valuation allowance was established on the $1,003,000 of capital loss carryforwards in 2021. The valuation allowance was increased by $807,000 to a total of $1,810,000 due to additional capital losses resulting when the Corporation's federal tax return was filed in October of 2022. There were no other valuation allowances established at December 31, 2021, because of the Corporation’s ability to carry back losses to recover taxes paid in previous years and certain tax strategies, together with the anticipated future taxable income as evidenced by the Corporation’s earning potential. The Corporation is no longer subject to federal, state, and local examinations by tax authorities for years before 2020. The provision or benefit for income taxes is comprised of the following for the year ended December 31, 2023, 2022, and 2021: (In Thousands) 2023 2022 2021 Currently payable $ 2,779 $ 4,671 $ 4,153 Deferred expense (benefit) 935 (508) (359) Total provision $ 3,714 $ 4,163 $ 3,794 A reconciliation between the expected income tax or benefit and the effective income tax rate on income before income tax provision or benefit follows for the year ended December 31, 2023, 2022, and 2021: 2023 2022 2021 (In Thousands) Amount % Amount % Amount % Provision at expected rate $ 4,268 21.00 % $ 4,532 21.00 % $ 4,167 21.00 % (Decrease) increase in tax resulting from: Tax-exempt income (548) (2.70) (516) (2.39) (520) (2.62) Other, net (6) (0.03) 147 0.68 147 0.74 Effective income tax provision and rate $ 3,714 18.27 % $ 4,163 19.29 % $ 3,794 19.12 %

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Defined Benefit Pension Plan The Corporation has a noncontributory defined benefit pension plan (the “Plan”) for all employees meeting certain age and length of service requirements that were hired prior to January 1, 2004, at which time entrance into the Plan was frozen. The benefit accrual for the Plan was subsequently frozen at December 31, 2014. Benefits are based primarily on years of service and the average annual compensation during the highest five The following table sets forth the obligation and funded status as of December 31, 2023 and 2022: (In Thousands) 2023 2022 Change in benefit obligation: Benefit obligation at beginning of year $ 16,544 $ 21,923 Interest cost 792 553 Actuarial loss (gain) 113 (209) Benefits paid (916) (904) Change in actuarial assumptions 325 (4,819) Benefit obligation at end of year $ 16,858 $ 16,544 Change in plan assets: Fair value of plan assets at beginning of year $ 20,894 $ 26,073 Actual return on plan assets 3,351 (4,272) Benefits paid (916) (904) Adjustment to fair value of plan assets — (3) Fair value of plan assets at end of year 23,329 20,894 Funded status $ 6,471 $ 4,350 Accounts recognized on balance sheet as: Total assets $ 6,471 $ 4,350 Amounts not yet recognized as a component of net periodic pension cost: Amounts recognized in accumulated other comprehensive income (loss) consist of: Net loss $ 3,486 $ 5,240 The accumulated benefit obligation for the Plan was $16,858,000 and $16,544,000 at December 31, 2023 and 2022, respectively. Components of Net Periodic Cost and Other Amounts Recognized in Other Comprehensive Income (Loss) as of December 31, 2023, 2022, and 2021 are as follows: (In Thousands) 2023 2022 2021 Net periodic pension cost: Interest cost $ 792 $ 553 $ 509 Expected return on plan assets (1,306) (1,652) (1,542) Amortization of unrecognized net loss 148 69 186 Net periodic (benefit) cost $ (366) $ (1,030) $ (847) Assumptions Weighted-average assumptions used to determine benefit obligations at December 31, 2023, 2022, and 2021: 2023 2022 2021 Discount rate 4.73 % 4.93 % 2.61 % Rate of compensation increase N/A N/A N/A Weighted-average assumptions used to determine net periodic cost for years ended December 31, 2023, 2022, and 2021: 2023 2022 2021 Discount rate 4.93 % 2.61 % 2.24 % Expected long-term return on plan assets 7.00 % 7.00 % 7.00 % The expected long-term rate of return was estimated using market benchmarks by which the plan assets would outperform the market value in the future, based on historical experience adjusted for changes in asset allocation and expectations for overall lower future returns on similar investments compared to past periods. Plan Assets The Plan’s weighted-average asset allocations at December 31, 2023 and 2022 by asset category are as follows: Asset Category 2023 2022 Cash 3.91 % 4.84 % Fixed income securities 14.34 % 15.05 % Equity 70.96 % 66.36 % Inflation Hedges/Real Assets 5.38 % 3.92 % Hedged Strategies 5.41 % 9.83 % Total 100.00 % 100.00 % The investment objective for the Plan is to maximize total return with tolerance for slightly above average risk, meaning the fund is able to tolerate short-term volatility to achieve above-average returns over the long term. Asset allocation favors equities, with target allocation of approximately 62% equity securities, 15.0% fixed income securities, 10% inflation hedges/real assets, 10% hedged strategies, and 3% cash. Due to volatility in the market, the target allocation is not always desirable and asset allocations will fluctuate between the acceptable ranges. The equity portfolio’s exposure is primarily in mid and large capitalization domestic equities with limited exposure to small capitalization and international stocks. It is management’s intent to give the investment managers flexibility, within the overall guidelines, with respect to investment decisions and their timing. However, certain investments require specific review and approval by management. Management is also informed of anticipated, significant modifications of any previously approved investment, or anticipated use of derivatives to execute investment strategies. The following table sets forth by level, within the fair value hierarchy detailed in Note 20 - Fair Value Measurements, the Plan’s assets at fair value as of December 31, 2023 and 2022: 2023 (In Thousands) Level I Level II Level III Total Assets: Cash and cash equivalents $ 913 $ — $ — $ 913 Mutual funds - taxable fixed income 3,346 — — 3,346 Mutual funds - domestic equity 11,606 — — 11,606 Mutual funds - international equity 4,947 — — 4,947 Inflation Hedges/Real Assets 1,255 — — 1,255 Hedged Strategies 1,262 — — 1,262 Total assets at fair value $ 23,329 $ — $ — $ 23,329 2022 (In Thousands) Level I Level II Level III Total Assets: Cash and cash equivalents $ 1,012 $ — $ — $ 1,012 Mutual funds - taxable fixed income 3,144 — — 3,144 Mutual funds - domestic equity 8,393 — — 8,393 Mutual funds - international equity 5,472 — — 5,472 Inflation Hedges/Real Assets 819 — — 819 Hedged Strategies 2,054 — — 2,054 Total assets at fair value $ 20,894 $ — $ — $ 20,894 The following future benefit payments are expected to be paid: (In Thousands) 2024 $ 1,105 2025 1,145 2026 1,196 2027 1,210 2028 1,223 2029-2032 6,024 $ 11,903 The Corporation does not expect to contribute to its Pension Plan in 2024. 401(k) Savings Plan The Corporation also offers a 401(k) savings plan in which eligible participating employees may elect to contribute up to a maximum percentage allowable not to exceed the limits of Code Sections 401(k), 404, and 415. The Corporation may make matching contributions equal to a discretionary percentage that is determined by the Board of Directors. Participants are at all times fully vested in their contributions and vest over a period of five years regarding the employer contribution. Contribution expense was approximately $540,000, $548,000, and $500,000 for the years ended December 31, 2023, 2022, and 2021, respectively. Deferred Compensation Plan The Corporation has a deferred compensation plan whereby participating directors elect to forego directors’ fees paid in cash. Under this plan, the Corporation will make payments for a ten-year period beginning at the later of age 65 or ceasing to be a director in most cases or at death, if earlier, at which time payments would be made to their designated beneficiaries. To fund benefits under the deferred compensation plan, the Corporation has acquired bank-owned life insurance policies on the lives of the participating directors for which insurance benefits are payable to the Corporation. The Corporation incurred expenses related to the plan of $656,000, $588,000, and $463,000 for the years ended December 31, 2023, 2022, and 2021, respectively. Benefits paid under the plan were approximately $545,000, $267,000, and $57,000 in 2023, 2022, and 2021, respectively.

STOCK OPTIONS

STOCK OPTIONS	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
STOCK OPTIONS	STOCK OPTIONS In 2020, the Corporation adopted the 2020 Equity Incentive Plan which replaced the 2014 Equity Incentive Plan. The Equity Incentive Plans are designed to help the Corporation attract, retain, and motivate employees and non-employee directors. Incentive stock options, non-qualified stock options, and restricted stock may be granted as part of the plan. A summary of stock option activity for the year ended December 31, 2023 is presented below: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at January 1, 2023 914,000 $ 25.34 7.71 $ — Granted 89,000 27.77 9.06 Cash Settlement — — Forfeited (3,000) 28.01 Expired — — Outstanding at December 31, 2023 1,000,000 $ 25.55 6.92 $ — Options exercisable at December 31, 2023 223,400 $ 26.58 5.68 $ — On December 31, 2023, a total of 1,000,000 options were outstanding. Outstanding options at December 31, 2023 and the related vesting schedules are summarized below: Stock Options Granted Date Shares Forfeited Cash Settlement Outstanding Strike Price Vesting Period Expiration January 20, 2023 59,500 — — 59,500 $ 27.77 3 years 10 years January 20, 2023 29,500 — — 29,500 27.77 5 years 10 years January 18, 2022 156,000 — — 156,000 24.10 3 years 10 years January 18, 2022 78,000 — — 78,000 24.10 5 years 10 years April 9, 2021 156,500 — — 156,500 24.23 3 years 10 years April 9, 2021 78,000 — — 78,000 24.23 5 years 10 years March 11, 2020 119,300 — — 119,300 25.34 3 years 10 years March 11, 2020 119,200 — — 119,200 25.34 5 years 10 years March 15, 2019 120,900 (19,800) — 101,100 28.01 3 years 10 years March 15, 2019 119,100 (19,200) — 99,900 28.01 5 years 10 years August 27, 2015 58,125 (26,250) (28,875) 3,000 28.02 5 years 10 years The fair value of stock options is estimated using the Black-Scholes option pricing model. The following is a summary of the assumptions used in this model for the stock options granted during 2023, 2022, and 2021: 2023 2022 2021 Risk-free interest rate 3.76 % 1.23 % 0.82 % Expected volatility 31.42 % 33.50 % 36.56 % Expected annual dividend $ 1.28 $ 1.28 $ 1.28 Expected life 6.51 years 6.84 years 6.84 years Weighted average grant date fair value per option $ 6.11 $ 4.28 $ 4.72 The estimated fair value of options, including the effect of estimated forfeitures, is recognized as expense on a straight line basis over the options’ vesting periods while ensuring that the cumulative amount of compensation cost recognized at least equals the value of the vested portion of the award at that date. The Corporation determines the fair value of options granted using the Black-Scholes option-pricing model. The risk-free interest rate is based on the United States Treasury bond with a similar term to the expected life of the options at the grant date. Expected volatility was estimated based on the adjusted historic volatility of the Corporation’s shares. The expected life was estimated to equal the contractual life of the options. The dividend yield rate was based upon recent historical dividends paid on shares. For the years ended December 31, 2023, 2022, and 2021 there was $951,000, $1,231,000, and $960,000 in total share-based compensation expense, respectively. There was additional compensation expense of $183,000 (after-tax $145,000) associated with the voluntary cash settlement of 346,725 outstanding stock options that occurred in June of 2022. The compensation expense is recorded as part of the non-interest expenses in the Consolidated Statement of Income. As of December 31, 2023, total unrecognized compensation costs related to non-vested options was $1,190,000. Exercisable stock awards at December 31, 2023 were 223,400 with a weighted average remaining exercisable contractual life of 5.68 years.

EMPLOYEE STOCK PURCHASE PLAN

EMPLOYEE STOCK PURCHASE PLAN	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
EMPLOYEE STOCK PURCHASE PLAN	EMPLOYEE STOCK PURCHASE PLAN The Corporation maintains the Penns Woods Bancorp, Inc. Employee Stock Purchase Plan (“Plan”). The Plan is intended to encourage employee participation in the ownership and economic progress of the Corporation. The Plan allows for up to 1,500,000 shares to be purchased by employees. The purchase price of the shares is 95% of fair value with an employee eligible to purchase up to the lesser of 15% of base compensation or $12,000 in fair value annually. There were 3,894, 3,617 and 3,850 shares issued under the plan for the years ended December 31, 2023, 2022 and 2021 respectively.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Certain directors and executive officers of the Corporation and the Banks, including their immediate families and companies in which they are principal owners (more than ten percent), are indebted to the Corporation. Such indebtedness was incurred in the ordinary course of business on the same terms and at those rates prevailing at the time for comparable transactions with others. A summary of loan activity with executive officers, directors, principal shareholders, and associates of such persons is listed below for the years ended December 31, 2023 and 2022: (In Thousands) Beginning Balance New Loans Other Repayments Ending Balance 2022 12,366 10,651 (5,266) (6,206) $ 11,545 2023 11,545 2,484 — (5,850) 8,179 Loan balances that are no longer considered part of a related party relationship are shown as other activity. Deposits from related parties held by the Banks amounted to $21,290,000 at December 31, 2023 and $19,694,000 at December 31, 2022.

OFF-BALANCE SHEET RISK

OFF-BALANCE SHEET RISK	12 Months Ended
	Dec. 31, 2023
Off Balance Sheet Risk
OFF-BALANCE SHEET RISK	OFF-BALANCE SHEET RISK The Corporation is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit, interest rate, or liquidity risk in excess of the amount recognized in the Consolidated Balance Sheet. The contract amounts of these instruments express the extent of involvement the Corporation has in particular classes of financial instruments. The Corporation’s exposure to credit loss from nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual amount of these instruments. The Corporation uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. The Corporation may require collateral or other security to support financial instruments with off-balance sheet credit risk. Financial instruments whose contract amounts represent credit risk are as follows at December 31, 2023 and 2022: (In Thousands) 2023 2022 Commitments to extend credit $ 161,037 $ 169,365 Standby letters of credit 13,969 9,915 Credit exposure from the sale of assets with recourse 6,995 7,358 Commitments to extend credit are legally binding agreements to lend to customers. Commitments generally have fixed expiration dates or other termination clauses and may require payment of fees. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future liquidity requirements. The Corporation evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Corporation, on an extension of credit is based on management’s credit assessment of the counterparty. Standby letters of credit represent conditional commitments issued by the Corporation to guarantee the performance of a customer to a third party. These instruments are issued primarily to support bid or performance related contracts. The coverage period for these instruments is typically a one year period with an annual renewal option subject to prior approval by management. Fees earned from the issuance of these letters are recognized upon expiration of the coverage period. For secured letters of credit, the collateral is typically Bank deposit instruments or customer business assets.

CAPITAL REQUIREMENTS

CAPITAL REQUIREMENTS	12 Months Ended
	Dec. 31, 2023
Schedule of Investments [Abstract]
CAPITAL REQUIREMENTS	CAPITAL REQUIREMENTS Federal regulations require the Corporation and the Banks to maintain minimum amounts of capital. Specifically, each is required to maintain certain minimum dollar amounts and ratios of Common Equity Tier 1, Total, and Tier 1 capital to risk-weighted assets and of Tier 1 capital to average total assets. In addition to the capital requirements, the Federal Deposit Insurance Corporation Improvement Act (“FDICIA”) established five capital categories ranging from “well capitalized” to “critically undercapitalized.” Should any institution fail to meet the requirements to be considered “adequately capitalized,” it would become subject to a series of increasingly restrictive regulatory actions. As of December 31, 2023 and 2022, the FDIC categorized the Banks as well capitalized under the regulatory framework for prompt corrective action. To be classified as a well capitalized financial institution, common equity tier I risk-based, tier I risked-based, total risk-based, and tier I leverage capital ratios must be at least 6.5%, 8%, 10%, and 5%, respectively. We expect to continue to emphasize growth in our commercial and consumer loan portfolios, and additional regulatory capital generated through retained earnings and other sources will be necessary to support any such continued growth. At December 31, 2023, each of the Banks were “well capitalized” as defined by applicable bank regulatory standards. Applicable regulatory capital requirements also require each Bank to maintain a “capital conservation buffer,” consisting solely of tier 1 common equity, of 2.5% above the regulatory minimum capital requirements for each of the tier 1 common equity (“CET1”), tier 1 (“Tier 1”), and total capital (“Total Capital”) ratios. As a result of the capital conservation buffer requirements, if a bank does not maintain CET1, Tier 1 and Total Capital ratios of at least 7%, 8.5%, and 10.5%, respectively, determined as of the end of each calendar quarter, the bank’s ability to make certain discretionary payments, including discretionary dividend payments, are subject to a maximum payout ratio limitation unless the FDIC approves the distribution or payment. At December 31, 2023, each of Banks exceeded the capital conservation buffer requirements for applicable capital ratios. The Corporation’s and the Banks' actual capital ratios (using the definitions from the prompt corrective action rules) are presented in the following tables, which shows that the Corporation and both Banks met all regulatory capital requirements. Consolidated Corporation 2023 2022 (In Thousands) Amount Ratio Amount Ratio Common Equity Tier I Capital (to Risk-weighted Assets) Actual $ 184,546 10.098 % $ 165,346 9.973 % For Capital Adequacy Purposes 82,240 4.500 % 74,607 4.500 % Minimum To Maintain Capital Conservation Buffer 127,929 7.000 % 116,056 7.000 % To Be Well Capitalized 118,791 6.500 % 107,766 6.500 % Total Capital (to Risk-weighted Assets) Actual $ 197,334 10.798 % $ 181,127 10.925 % For Capital Adequacy Purposes 146,200 8.000 % 132,633 8.000 % Minimum To Maintain Capital Conservation Buffer 191,888 10.500 % 174,081 10.500 % To Be Well Capitalized 182,751 10.000 % 165,791 10.000 % Tier I Capital (to Risk-weighted Assets) Actual $ 184,546 10.098 % $ 165,346 9.973 % For Capital Adequacy Purposes 109,653 6.000 % 99,476 6.000 % Minimum To Maintain Capital Conservation Buffer 155,342 8.500 % 140,925 8.500 % To Be Well Capitalized 146,204 8.000 % 132,635 8.000 % Tier I Capital (to Average Assets) Actual $ 184,546 8.597 % $ 165,346 8.636 % For Capital Adequacy Purposes 85,865 4.000 % 76,585 4.000 % To Be Well Capitalized 107,332 5.000 % 95,731 5.000 % Jersey Shore State Bank 2023 2022 (In Thousands) Amount Ratio Amount Ratio Common Equity Tier I Capital (to Risk-weighted Assets) Actual $ 131,356 9.890 % $ 119,783 9.781 % For Capital Adequacy Purposes 59,768 4.500 % 55,109 4.500 % Minimum To Maintain Capital Conservation Buffer 92,972 7.000 % 85,725 7.000 % To Be Well Capitalized 86,331 6.500 % 79,602 6.500 % Total Capital (to Risk-weighted Assets) Actual $ 142,134 10.701 % $ 131,379 10.728 % For Capital Adequacy Purposes 106,258 8.000 % 97,971 8.000 % Minimum To Maintain Capital Conservation Buffer 139,464 10.500 % 128,587 10.500 % To Be Well Capitalized 132,823 10.000 % 122,464 10.000 % Tier I Capital (to Risk-weighted Assets) Actual $ 131,356 9.890 % $ 119,783 9.781 % For Capital Adequacy Purposes 79,690 6.000 % 73,479 6.000 % Minimum To Maintain Capital Conservation Buffer 112,894 8.500 % 104,095 8.500 % To Be Well Capitalized 106,254 8.000 % 97,972 8.000 % Tier I Capital (to Average Assets) Actual $ 131,356 8.344 % $ 119,783 8.383 % For Capital Adequacy Purposes 62,970 4.000 % 57,155 4.000 % To Be Well Capitalized 78,713 5.000 % 71,444 5.000 % Luzerne Bank 2023 2022 (In Thousands) Amount Ratio Amount Ratio Common Equity Tier I Capital (to Risk-weighted Assets) Actual $ 51,974 10.288 % $ 43,364 9.877 % For Capital Adequacy Purposes 22,734 4.500 % 19,757 4.500 % Minimum To Maintain Capital Conservation Buffer 35,363 7.000 % 30,733 7.000 % To Be Well Capitalized 32,837 6.500 % 28,538 6.500 % Total Capital (to Risk-weighted Assets) Actual $ 53,984 10.686 % $ 47,549 10.830 % For Capital Adequacy Purposes 40,415 8.000 % 35,124 8.000 % Minimum To Maintain Capital Conservation Buffer 53,044 10.500 % 46,100 10.500 % To Be Well Capitalized 50,518 10.000 % 43,905 10.000 % Tier I Capital (to Risk-weighted Assets) Actual $ 51,974 10.288 % $ 43,364 9.877 % For Capital Adequacy Purposes 30,311 6.000 % 26,342 6.000 % Minimum To Maintain Capital Conservation Buffer 42,941 8.500 % 37,318 8.500 % To Be Well Capitalized 40,415 8.000 % 35,123 8.000 % Tier I Capital (to Average Assets) Actual $ 51,974 8.316 % $ 43,364 8.260 % For Capital Adequacy Purposes 25,000 4.000 % 21,000 4.000 % To Be Well Capitalized 31,249 5.000 % 26,249 5.000 % During the twelve months ended December 31, 2023, the Company sold 420,069 shares of common stock in a registered at-the-market offering pursuant to the terms of an equity distribution agreement, dated September 13, 2023 (the “Distribution Agreement”), between D.A. Davidson & Co. (the “Distribution Agent”) and the Company. Under the terms of the Distribution Agreement, the Company paid the Distribution Agent a fee in the amount of 2.75% of the gross proceeds from the sale of such shares, and realized net proceeds of $8,291,000 from the sales of shares under the Distribution Agreement for the year ended December 31, 2023.

REGULATORY RESTRICTIONS

REGULATORY RESTRICTIONS	12 Months Ended
	Dec. 31, 2023
Disclosure of Restrictions on Dividends, Loans and Advances Disclosure [Abstract]
REGULATORY RESTRICTIONS	REGULATORY RESTRICTIONS The Pennsylvania Banking Code restricts the availability of capital funds for payment of dividends by all state-chartered banks. Accordingly, at December 31, 2023, the balance in the additional paid in capital account totaling $16,107,000 for JSSB and $44,104,000 for Luzerne is unavailable for dividends. The Banks are subject to regulatory restrictions, which limit the ability to loan funds to Penns Woods Bancorp, Inc. At December 31, 2023, the regulatory lending limit amounted to approximately $27,500,000. Cash and Due from Banks JSSB and Luzerne had no reserve requirements by the district Federal Reserve Bank at December 31, 2023 or 2022; however, if they did they would be reported with cash and due from banks. The required reserves are computed by applying prescribed ratios to the classes of average deposit balances. These are held in the form of cash on hand and a balance maintained directly with the Federal Reserve Bank.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The following disclosures show the hierarchical disclosure framework associated with the level of pricing observations utilized in measuring assets and liabilities at fair value. The three broad levels of pricing observations are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently, and items that are fair valued using other financial instruments, the parameters of which can be directly observed. Level III: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. This hierarchy requires the use of observable market data when available. The following table presents the assets reported on the balance sheet at their fair value on a recurring basis as of December 31, 2023 and 2022, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. 2023 (In Thousands) Level I Level II Level III Total Assets measured on a recurring basis: Investment securities, available for sale: U.S. Government and agency securities $ — $ 3,943 $ — $ 3,943 Mortgage-backed securities — 15,355 — 15,355 State and political securities — 115,615 — 115,615 Other debt securities — 56,032 — 56,032 Investment equity securities: Other equity securities 1,122 — — 1,122 2022 (In Thousands) Level I Level II Level III Total Assets measured on a recurring basis: Investment securities, available for sale: U.S. Government and agency securities $ — $ 2,896 $ — $ 2,896 Mortgage-backed securities — 1,282 — 1,282 State and political securities — 142,809 — 142,809 Other debt securities — 46,686 — 46,686 Investment equity securities: Other equity securities 1,142 — — 1,142 The following table presents the assets reported on the balance sheet at their fair value on a non-recurring basis as of December 31, 2023 and 2022, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. 2023 (In Thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Collateral-dependent loans $ — $ — $ 1,621 $ 1,621 Other real estate owned — — 853 853 2022 (In Thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Collateral-dependent loans $ — $ — $ 1,923 $ 1,923 Other real estate owned — — 83 83 The following table provides a listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques as of December 31, 2023 and 2022: 2023 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Technique(s) Unobservable Inputs Range Weighted Average Collateral-dependent loans $ 1,621 Appraisal of collateral (1) Appraisal of collateral (1) (15)% to (24)% (31)% Other real estate owned $ 853 Appraisal of collateral (1) Appraisal of collateral (1) (20)% (20)% 2022 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Technique(s) Unobservable Inputs Range Weighted Average Impaired loans $ 1,923 Appraisal of collateral (1) Appraisal of collateral (1) (15)% to (34)% (14)% Other real estate owned $ 83 Appraisal of collateral (1) Appraisal of collateral (1) (20)% (20)% (1) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The significant unobservable inputs used in the fair value measurement of the Corporation’s collateral-dependent loans using the discounted cash flow valuation technique include temporary changes in payment amounts and the probability of default. Significant increases (decreases) in payment amounts would result in significantly higher (lower) fair value measurements. The probability of default is 0% for collateral-dependent loans using the discounted cash flow valuation technique because all defaulted collateral-dependent loans are valued using the appraisal of collateral valuation technique. The significant unobservable input used in the fair value measurement of the Corporation’s collateral-dependent loans using the appraisal of collateral valuation technique include appraisal adjustments, which are adjustments to appraisals by management for qualitative factors such as economic conditions and estimated liquidation expenses. The significant unobservable input used in the fair value measurement of the Corporation’s other real estate owned are the same inputs used to value collateral-dependent loans using the appraisal of collateral valuation technique.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS The Corporation is required to disclose fair values for its financial instruments. Fair values are made at a specific point in time, based on relevant market information and information about the financial instrument. These fair values do not reflect any premium or discount that could result from offering for sale at one time the Corporation’s entire holdings of a particular financial instrument. Also, it is the Corporation’s general practice and intention to hold most of its financial instruments to maturity and not to engage in trading or sales activities. Because no market exists for a significant portion of the Corporation’s financial instruments, fair values are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These fair values are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions can significantly affect the fair values. The carrying amounts for cash and cash equivalents, restricted investments in bank stock, bank-owned life insurance, non-time deposits, accrued interest receivable and payable approximate fair value and are considered Level I measurements. Fair values have been determined by the Corporation using historical data and an estimation methodology suitable for each category of financial instruments. The Corporation’s fair values, methods, and assumptions are set forth below for the Corporation’s other financial instruments. As certain assets and liabilities, such as deferred tax assets, premises and equipment, and many other operational elements of the Corporation, are not considered financial instruments but have value, the fair value of financial instruments would not represent the full fair value of the Corporation. The fair values of the Corporation’s financial instruments not required to be measured or reported at fair value are as follows at December 31, 2023 and 2022: Fair Value Measurements at December 31, 2023 (In Thousands) Carrying Value Fair Value Quoted Prices in Active Markets for Identical Assets (Level I) Significant Other Observable Inputs (Level II) Significant Unobservable Inputs Financial assets: Loans held for sale $ 3,993 $ 3,993 $ 3,993 $ — $ — Loans, net 1,828,318 1,806,044 — — 1,806,044 Financial liabilities: Time deposits $ 384,792 $ 382,139 $ — $ — $ 382,139 Short-term borrowings 145,926 145,926 145,926 — — Long-term borrowings 252,598 251,570 — — 251,570 Fair Value Measurements at December 31, 2022 (In Thousands) Carrying Value Fair Value Quoted Prices in Active Markets for Identical Assets (Level I) Significant Other Observable Inputs (Level II) Significant Unobservable Inputs (Level III) Financial assets: Loans held for sale $ 3,298 $ 3,298 $ 3,298 $ — $ — Loans, net 1,624,094 1,594,073 — — 1,594,073 Financial liabilities: Time deposits $ 146,282 $ 137,559 $ — $ — $ 137,559 Short-term borrowings 153,349 153,349 153,349 — — Long-term borrowings 102,783 99,118 — — 99,118

REVENUE RECOGNITION

REVENUE RECOGNITION	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition	REVENUE RECOGNITION On January 1, 2018, the Corporation adopted ASU No. 2014-09 “Revenue from Contracts with Customers” (Topic 606) and all subsequent ASUs that modified Topic 606 using the modified retrospective method, and applied the guidance to all contracts in scope that were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts were not adjusted and continue to be reported in accordance with our historic accounting under Topic 605. The core principle of Topic 606, Revenue from Contracts with Customers , is that an entity recognize revenue at an amount that reflects the consideration to which the entity expects to be entitled in exchange for transferring goods or services to a customer. Topic 606 requires entities to exercise more judgment when considering the terms of a contract than under Topic 605, Revenue Recognition . Topic 606 applies to all contracts with customers to provide goods or services in the ordinary course of business, except for contracts that are specifically excluded from its scope. Topic 606 does not apply to revenue associated with interest income on financial instruments, including loans and securities. Additionally, certain noninterest income streams such as certain credit and debit card fees, income from bank owned life insurance, and gain and losses on sales of loans, equity, lending, and investment securities are out of scope of Topic 606. Topic 606 is applicable to noninterest revenue streams such as service charges on deposit accounts, merchant income, wire transfer income, check cashing fees, check printing fees, safe deposit box rental fees, life insurance, broker fee's, and brokerage commissions. These revenue streams are largely transactional based and revenue is recognized upon completion of transaction. Principal versus Agent Considerations When more than one party is involved in providing goods or services to a customer, Topic 606 requires the Corporation to determine whether it is the principal or an agent in these transactions by evaluating the nature of its promise to the customer. An entity is a principal and therefore records revenue on a gross basis if it controls a promised good or service before transferring that good or service to the customer. An entity is an agent and records as revenue the net amount it retains for its agency services if its role is to arrange for another entity to provide the goods or services. The Corporation most commonly acts as a principal and records revenue on a gross basis, except in certain circumstances. As an example, revenues earned from interchange fees, in which the Corporation acts as an agent, are recorded as non-interest income, net of the related expenses paid to the principal. Brokerage and insurance commissions are recognized when The M Group's services to the broker dealer and investment representative are complete. Debit Card Fees Interchange fees are one source of debit and credit card income that is comprised of an amount merchants pay card-issuing banks for the processing of their electronic transactions as a form of payment. ATM service charges, check card usage, and POS debit card transactions generate interchange and debit card income. Per Topic 606 interchange and debit card transaction fees are reported net of related network costs. See Note 1 - Recent Accounting Pronouncements. Prior to the adoption of Topic 606, non-interest expense included network costs. Interchange and debit card transaction fees at December 31, 2023, 2022, and 2021 are reported on a net basis of $1,328,000 $1,464,000, and $1,511,000, respectively. The below table compares gross interchange and debit card transaction fees net network costs for 2023, 2022, and 2021: (In Thousands) 2023 2022 2021 Debit card transaction fees $ 2,573 $ 2,539 $ 2,684 Other processing service fees 366 357 236 Gross interchange and card based transaction fees 2,939 2,896 2,920 Network costs 1,611 1,432 1,409 Net interchange and card based transaction fees $ 1,328 $ 1,464 $ 1,511

LEASES

LEASES	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Leases	LEASES The following table shows finance lease right of use assets and finance lease liabilities as of December 31, 2023: (In Thousands) Statement of Financial Condition classification December 31, 2023 December 31, 2022 Finance lease right of use assets Premises and equipment, net $ 6,576 $ 7,006 Finance lease liabilities Long-term borrowings 7,598 7,783 The following table shows the components of finance and operating lease expense for the year ended December 31, 2023. (In Thousands) 2023 2022 2021 Finance Lease Cost: Amortization of right-of-use asset $ 429 $ 429 $ 474 Interest expense 241 244 257 Operating lease cost 287 285 297 Total Lease Cost $ 957 $ 958 $ 1,028 A maturity analysis of operating and finance lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows: (In Thousands) Operating Finance 2024 $ 255 $ 427 2025 257 929 2026 260 387 2027 268 388 2028 271 390 2029 and thereafter 2,029 8,498 Total undiscounted cash flows 3,340 11,019 Discount on cash flows (770) (3,421) Total lease liability $ 2,570 $ 7,598 The following table shows the weighted average remaining lease term and weighted average discount rate for both operating and finance leases outstanding as of December 31, 2023. Operating Finance Weighted-average term (years) 16.31 22.52 Weighted-average discount rate 3.56 % 3.21 %
Leases	LEASES The following table shows finance lease right of use assets and finance lease liabilities as of December 31, 2023: (In Thousands) Statement of Financial Condition classification December 31, 2023 December 31, 2022 Finance lease right of use assets Premises and equipment, net $ 6,576 $ 7,006 Finance lease liabilities Long-term borrowings 7,598 7,783 The following table shows the components of finance and operating lease expense for the year ended December 31, 2023. (In Thousands) 2023 2022 2021 Finance Lease Cost: Amortization of right-of-use asset $ 429 $ 429 $ 474 Interest expense 241 244 257 Operating lease cost 287 285 297 Total Lease Cost $ 957 $ 958 $ 1,028 A maturity analysis of operating and finance lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows: (In Thousands) Operating Finance 2024 $ 255 $ 427 2025 257 929 2026 260 387 2027 268 388 2028 271 390 2029 and thereafter 2,029 8,498 Total undiscounted cash flows 3,340 11,019 Discount on cash flows (770) (3,421) Total lease liability $ 2,570 $ 7,598 The following table shows the weighted average remaining lease term and weighted average discount rate for both operating and finance leases outstanding as of December 31, 2023. Operating Finance Weighted-average term (years) 16.31 22.52 Weighted-average discount rate 3.56 % 3.21 %

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pay vs Performance Disclosure
Net Income	$ 16,608	$ 17,422	$ 16,033

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

OPERATIONS AND SUMMARY OF SIG_2

OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of Penns Woods Bancorp, Inc. and its wholly owned subsidiaries, Jersey Shore State Bank (“JSSB”), Luzerne Bank ("Luzerne" and collectively with JSSB , the "Banks"), Woods Real Estate Development Co., Inc., Woods Investment Company, Inc., United Insurance Solutions, LLC, and The M Group Inc. D/B/A The Comprehensive Financial Group (“The M Group”), a wholly owned subsidiary of JSSB (collectively, the “Corporation”). All significant intercompany balances and transactions have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of net deferred tax assets, impairment of goodwill, credit losses of debt securities, fair value of financial instruments, and the valuation of real estate acquired through, or in lieu of, foreclosure on settlement of debt.
Cash and Cash Equivalents, Restrictions on Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash on hand and in banks and federal funds sold. Interest-earning deposits mature within 90 days and are carried at cost. Net cash flows are reported for loan, deposit, and short-term borrowing transactions. Restrictions on Cash and Cash Equivalents Based on deposit levels, the Banks must maintain cash and other reserves with the Federal Reserve Bank of Philadelphia ("FRB").
Investment Securities	Investment Securities Investment securities are classified at the time of purchase, based on management’s intention and ability, as securities held to maturity, securities available for sale, or securities held for trading. Debt securities acquired with the intent and ability to hold to maturity are stated at cost, adjusted for amortization of premium and accretion of discount, which are computed using the interest method and recognized as adjustments of interest income. Certain other debt securities have been classified as available for sale to serve principally as a source of liquidity. Unrealized holding gains and losses for available for sale securities are reported as a separate component of shareholders’ equity, net of tax, until realized. Equity securities are carried at fair value. Unrealized holding gains and losses for equity securities are recognized as a separate component within the income statement. Realized security gains and losses are computed using the specific identification method for debt securities and the average cost method for marketable equity securities. Interest and dividends on investment securities are recognized as income when earned and is not included within the investment balance. Securities are periodically reviewed for credit losses upon a number of factors, including, but not limited to, extent to which the fair value has been less than cost, the financial condition of the underlying issuer, the ability of the issuer to meet contractual obligations, the likelihood of the security’s ability to recover any decline in its fair value, whether it is more likely than not that the Corporation would be required to sell the security before its anticipated recovery in fair value, and a review of the Corporation’s capital adequacy, interest rate risk position, and liquidity. The assessment of a security’s ability to recover any decline in fair value, the ability of the issuer to meet contractual obligations, and management’s intent and ability requires considerable judgment. A decline in value that is considered to be other-than-temporary is recorded as a loss within non-interest income in the Consolidated Statement of Income. Fair values of investment securities are based on observed market prices. Certain investment securities do not have observed bid prices and their fair value is based on instruments with similar risk elements. Since regulatory stock is redeemable at par, the Corporation carries it at cost.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff generally are stated at the principal amount outstanding, net of deferred fees and discounts, unamortized loan fees and costs, and the allowance for credit losses. Interest on loans is recognized as income when earned on the accrual method and is not included within the loan balance. The Corporation’s general policy has been to stop accruing interest on loans when it is determined a reasonable doubt exists as to the collectability of additional interest. Income is subsequently recognized only to the extent that cash payments are received provided the loan is not delinquent in payment and, in management’s judgment, the borrower has the ability and intent to make future principal payments. Otherwise, payments are applied to the unpaid principal balance of the loan. Loans are restored to accrual status if certain conditions are met, including but not limited to, the repayment of all unpaid interest and scheduled principal due, ongoing performance consistent with the contractual agreement, and the future expectation of continued, timely payments. Loan origination and commitment fees as well as certain direct loan origination costs are being deferred and amortized as an adjustment to the related loan’s yield over the contractual lives of the related loans. Loans Held for Sale In general, fixed rate residential mortgage loans originated by the Banks are held for sale and are carried at cost due to their short holding period, which can range from less than two weeks to a maximum of thirty days. Sold loans are not serviced by the Banks. Proceeds from the sale of loans in excess of the carrying value are accounted for as a gain. Total gains on the sale of loans are shown as a component of non-interest income within the Consolidated Statement of Income.
Allowance for Credit Losses, Loan Charge-off Policies, and Troubled Loan Modifications	Allowance for Credit Losses CECL Adoption and Updated Significant Accounting Policy On January 1, 2023, the Company adopted ASU 2016-13, Financial Instruments - Credit Losses (ASC Topic 326): Measurement of Credit Losses on Financial Instruments, which replaces the incurred loss methodology, and is referred to as CECL. The measurement of expected credit losses under CECL is applicable to financial assets measured at amortized cost, including loans and HTM debt securities. It also applies to off-balance sheet (“OBS”) credit exposures (loan commitments, standby letters of credit, financial guarantees, and other similar instruments). The Company adopted CECL using the modified retrospective method for all financial assets measured at amortized cost, net of investments in leases and OBS credit exposures. Results for reporting periods beginning after January 1, 2023 are presented under CECL, while prior period results are reported in accordance with the previously applicable incurred loss methodology. The Company recorded an overall decrease of $3,789,000 to the Allowance for Credit Losses (“ACL”) on January 1, 2023 as a result of the adoption of CECL with an associated increase to retained earnings of $2,993,000 and decrease to deferred tax assets of $796,000. The Company also recorded a liability of $1,703,000 for OBS credit exposures that resulted in a decrease to retained earnings of $1,346,000 and an increase to deferred tax assets of $357,000. The discussion that follows describes the methodology for determining the ACL under the CECL model that was adopted effective January 1, 2023. The allowance methodology for prior periods is disclosed in the Company’s 2022 Annual Report on Form 10-K. The Company has elected to exclude accrued interest receivable from the measurement of its ACL. When a loan is placed on non-accrual status, any outstanding accrued interest is reversed against interest income. Loans: The ACL for loans is an estimate of the expected losses to be realized over the life of the loans in the portfolio. The ACL is determined for two distinct categories of loans: 1) loans evaluated collectively for expected credit losses and 2) loans evaluated individually for expected credit losses. The ACL also includes certain qualitative and forecast adjustments to the CECL model. Loans Evaluated Collectively : • Loans aggregated into pools based on similar risk characteristics. • The probability of default "PD" and loss given default rate "LGD" CECL model components are determined based on loss estimates driven by historical experience at the input level. • The PD model component uses "through the economic cycle transition" matrices based on the Company's historical loan and transaction data across each pool of loans. Adjustments to PD are made based on the borrowers credit score and origination. • The LGD model component calculates a lifetime LGD estimate across each pool of loans utilizing a nonparametric loss curve modeling approach. Adjustments to LGD are made based on the loan-to-value at origination. • Reasonable and supportable forecasts are incorporated through the utilization of qualitative factors. • Cash flow assumptions are established for each loan using maturity date, amortization schedule and interest rate. • A constant prepayment rate is calculated for each loan pool in the CECL model. Loans Evaluated Individually : Loans evaluated individually for expected credit losses include loans determined to be collateral-dependant or that do not share similar risk characteristics with the rest of the pool. Loans evaluated individually may have specific allocations assigned. For loans measured using the fair value of collateral, if the analysis determines that sufficient collateral value would be available for repayment of the debt, then no allocations would be assigned to those loans. Collateral could be in the form of real estate or business assets, such as accounts receivable or inventory, in the case of commercial and industrial loans. For loans secured by real estate, estimated fair values are determined through appraisals performed by third-party appraisers or third party evaluations for commercial real estate loans and our internal appraisal department for 1-4 family real estate secured loans, discounted to arrive at expected net sale proceeds. For collateral dependent loans, estimated real estate fair values are also net of estimated selling costs. When a real estate secured loan is impaired, a decision is made regarding whether an updated appraisal of the real estate is necessary. This decision is based on various considerations, including: the age of the most recent appraisal; the loan-to-value ratio based on the original appraisal; the condition of the property; the Company’s experience and knowledge of the real estate market; the purpose of the loan; market factors; payment status; the strength of any guarantors; and the existence and age of other indications of value such as broker price opinions, among others. The Company generally obtains updated evaluations for collateral dependent loans secured predominantly by real estate every 12 months. When updated evaluations are not obtained for loans secured by real estate, fair values are estimated based on the original appraisal values, as long as the original appraisal indicated an acceptable loan-to-value position and there has not been a significant deterioration in the collateral value since the original appraisal was performed. Management regularly reviews loans in the portfolio to assess credit quality indicators and to determine appropriate loan classification. For commercial loans, commercial mortgages and construction loans to commercial borrowers, an internal credit rating process is used. The Company believes that internal credit ratings are the most relevant credit quality indicator for these types of loans. The migration of loans through the various internal credit rating categories is a significant component of the ACL methodology for these loans, which bases the PD on this migration. Assigning credit ratings involves judgment. Credit ratings may be changed based on ongoing monitoring procedures, or if specific loan review assessments identify a deterioration or an improvement in the loan. The following is a summary of the Company's internal credit rating categories: • Pass : These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk. • Special Mention : These loans have a heightened credit risk, but not to the point of justifying a classification of Substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak. • Substandard or Lower : There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt. The allocation of the ACL is reviewed to evaluate its appropriateness in relation to the overall risk profile of the loan portfolio. The Company considers risk factors such as: local and national economic conditions; trends in delinquencies and non-accrual loans; the diversity of borrower industry types; and the composition of the portfolio by loan type. Qualitative and Other Adjustments to ACL: In addition to the quantitative credit loss estimates for loans evaluated collectively, qualitative factors that may not be fully captured in the quantitative results are also evaluated. These include changes in lending policy, volume of the portfolio, economy conditions, credit concentrations, level of problem loans, loan review, collateral value, and experience of credit staff. Qualitative adjustments are judgmental and are based on Management’s knowledge of the portfolio and the markets in which the Company operates. Qualitative adjustments are evaluated and approved on a quarterly basis. OBS Credit Exposures: The ACL for OBS credit exposures is recorded in other liabilities on the consolidated balance sheet. This ACL represents management’s estimate of expected losses in its unfunded loan commitments and other OBS credit exposures, such as letters of credit and credit recourse on sold residential mortgage loans. The ACL specific to unfunded commitments is determined by estimating future draws and applying the expected loss rates on those draws. Future draws are based on historical averages of utilization rates (i.e., the likelihood of draws taken). The ACL for OBS credit exposures is increased or decreased by charges or reductions to expense, through the provision for credit losses. The impact from the adoption of CECL is shown below: January 1, 2023 (In Thousands) Pre-Adoption Adoption Impact As Reported Assets ACL on loans Commercial, financial, and agricultural $ 1,914 $ 2,656 $ 4,570 Real estate mortgage: Residential 5,061 (3,893) 1,168 Commercial 6,110 (2,660) 3,450 Construction 188 (96) 92 Consumer automobile loans 1,617 240 1,857 Other consumer installment loans 109 602 711 Unallocated 638 (638) — Liabilities ACL for unfunded commitments 143 1,703 1,846 $ 15,780 $ (2,086) $ 13,694 The allowance for credit losses represents the amount which management estimates is adequate to provide for probable losses inherent in its loan portfolio as of the Consolidated Balance Sheet date. The allowance method is used in providing for loan losses. Accordingly, all loan losses are charged to the allowance and all recoveries are credited to it. The allowance for credit losses is established through a provision for credit losses charged to operations. The provision for credit losses is based upon management’s quarterly review of the loan portfolio. The purpose of the review is to assess loan quality, identify individually evaluated loans, analyze delinquencies, ascertain loan growth, evaluate potential charge-offs and recoveries, and assess general economic conditions in the markets served. An external independent loan review is also performed semi-annually for the Banks. Management remains committed to an aggressive program of problem loan identification and resolution. Although management believes that it uses the best information available to make such determinations and that the allowance for credit losses is adequate at December 31, 2023, future adjustments could be necessary if circumstances or economic conditions differ substantially from the assumptions used in making the initial determinations. A downturn in the local economy, rising unemployment, or negative performance trends in financial information from borrowers could be indicators of subsequent increased levels of nonperforming assets and possible charge-offs, which would normally require increased credit loss provisions. An integral part of the periodic regulatory examination process is the review of the adequacy of the Banks' credit loss allowance. The regulatory agencies could require the Banks, based on their evaluation of information available at the time of their examination, to provide additional credit loss provisions to further supplement the allowance. Loan Charge-off Policies Loans are generally fully or partially charged down to the fair value of collateral securing the asset when: • management judges the asset to be uncollectible; • repayment is deemed to be protracted beyond reasonable time frames; • the asset has been classified as a loss by either the internal loan review process or external examiners; • the borrower has filed bankruptcy and the loss becomes evident due to a lack of assets; or • the loan is 180 days past due unless both well secured and in the process of collection. Troubled Loan Modifications Under GAAP, a modification is a Troubled Loan Modification (TLM) if the borrower is experiencing financial difficulties and the modification is a direct change in contractual cash flows. This excludes insignificant payment delays. ASU 2022-02 does not amend the current modification guidance other than to eliminate Troubled Debt Restructures (TDRs). An evaluation needs to be completed to determine whether the modification represents a new loan or a continuation of an existing loan. A loan modification or refinancing results in a new loan if: the terms of the new loan are at least as favorable to the lender as the terms of the other loans to similar borrowers, and the modifications to the terms of the loan are more than minor. Financial difficulties existing when: • the borrower may have financial difficulties even though not currently in default with the lender; • the borrower is currently delinquent on any of its debt (with or outside of the Bank); • it is probable the borrower will be in payment default on any of its debt in the foreseeable future without modification; • the borrower has declared or is declaring bankruptcy; • there is substantial doubt as to whether the borrower will continue to be a going concern (commercial loans); • the borrower has securities that have been, are in the process of, or under threat of being delisted from an exchange; • the forecasted cash flows will be insufficient to service the existing debt for the foreseeable future; and • without modification, the borrower cannot obtain funds from other sources at the same rate as a non-troubled borrower. A direct change in contractual cash flows includes: principal forgiveness, interest rate reduction, and term extension (other than an insignificant payment delay).
Foreclosed Assets	Foreclosed Assets Foreclosed assets are carried at the lower of cost or fair value less estimated selling costs. Prior to foreclosure, the value of the underlying loan is written down to the fair value of the real estate to be acquired by a charge to the allowance for loan losses, if necessary. Any subsequent write-downs are charged against operating expenses. Net operating expenses and gains and losses realized from disposition are included in non-interest expense and income, respectively, within the Consolidated Statement of Income.
Premises and Equipment	Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed using straight-line and accelerated methods over the estimated useful lives of the related assets, which range from five fifteen
Bank-Owned Life Insurance	Bank-Owned Life Insurance The Corporation has purchased life insurance policies on certain officers and directors. Bank-owned life insurance is recorded at its cash surrender value, or the amount that can be realized. Increases in the cash surrender value are recognized as a component of non-interest income within the Consolidated Statement of Income.
Goodwill	Goodwill
Intangible Assets	Intangible Assets The Corporation also had intangible assets of $210,000, which is net of accumulated amortization of $810,000, as a result of the purchase of two books of business related to investment product sales. The book of business intangible is being amortized using the straight-line method over a period of ten years.
Investments in Limited Partnerships	Investments in Limited Partnerships
Off-Balance Sheet Financial Instruments	Off-Balance Sheet Financial Instruments In the ordinary course of business, the Corporation enters into off-balance sheet financial instruments. Those instruments consist of commitments to extend credit and standby letters of credit. When those instruments are funded or become payable, the Corporation reports the amounts in its financial statements.
Marketing Cost	Marketing Cost Marketing costs are generally expensed as incurred.
Income Taxes	Income Taxes The Corporation prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not recognition threshold should be derecognized in the first subsequent financial reporting period in which that threshold is no longer met. Deferred tax assets and liabilities result from temporary differences in financial and income tax methods of accounting, and are reflected at currently enacted income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. The Corporation analyzed its deferred tax asset position and determined that there was not a need for a valuation allowance due to the Corporation’s ability to generate future ordinary and capital taxable income. The Corporation when applicable recognizes interest and penalties on income taxes as a component of income tax provision.
Earnings Per Share	Earnings Per Share The Corporation provides dual presentation of basic and diluted earnings per share. Basic earnings per share is calculated utilizing net income as reported in the numerator and weighted average shares outstanding in the denominator. The computation of diluted earnings per share differs in that the dilutive effects of any stock options are adjusted in the denominator.
Employee Benefits	Employee Benefits Pension and employee benefits include contributions, determined actuarially, to a defined benefit retirement plan covering the eligible employees of JSSB. The plan is funded on a current basis to the extent that it is deductible under existing federal tax regulations. Pension and other employee benefits also include contributions to a defined contribution Section 401(k) plan covering eligible employees. Contributions matching those made by eligible employees are funded throughout the year. In addition, an elective contribution may be made annually at the discretion of the board of directors.
The M Group Products and Income Recognition	The M Group Products and Income Recognition The M Group product line is comprised primarily of annuities, life insurance, and mutual funds. The revenues generated from life insurance sales are commission only, as The M Group does not underwrite the policies. Life insurance sales include permanent and term policies with the majority of the policies written being permanent. Term life insurance policies are written for 10, 15, 20, and 30 year terms with the majority of the policies being written for 20 years. None of these products are offered as an integral part of lending activities. Commissions from the sale of annuities are recognized at the time notice is received from the third party broker/dealer or an insurance company that the transaction has been accepted and approved, which is also the time when commission income is received. Life insurance commissions are recognized at varying points based on the payment option chosen by the customer. Commissions from monthly and annual payment plans are recognized at the start of each annual period for the life insurance, while quarterly and semi-annual premium payments are recognized quarterly and semi-annually when the earnings process is complete. For example, semi-annual payments on the first of January and July would result in commission income recognition on the first of January and July, while payments on the first of January, April, July, and October would result in commission income recognition on those dates. The potential for chargebacks only exists for those policies on a monthly payment plan since income is recognized at the beginning of the annual coverage period versus at the time of each monthly payment. No liability is maintained for chargebacks as these are removed from income at the time of the occurrence.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The Corporation is required to present accumulated other comprehensive income (loss) in a full set of general-purpose financial statements for all periods presented. Accumulated other comprehensive income (loss) is comprised of unrealized holding gains (losses) on the available for sale securities portfolio and the unrecognized components of net periodic benefit costs of the defined benefit pension plan.
Segment Reporting	Segment Reporting The Corporation has determined that its only reportable segment is Community Banking.
Reclassification of Comparative Amounts	Reclassification of Comparative Amounts Certain items previously reported have been reclassified to conform to the current year’s reporting format. Such reclassifications did not affect net income or shareholders’ equity.
Recent Accounting Pronouncements Not Yet Adopted	Recent Accounting Pronouncements Not Yet Adopted In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment . To simplify the subsequent measurement of goodwill, the FASB eliminated Step 2 from the goodwill impairment test. In computing the implied fair value of goodwill under Step 2, an entity had to perform procedures to determine the fair value at the impairment testing date of its assets and liabilities (including unrecognized assets and liabilities) following the procedure that would be required in determining the fair value of assets acquired and liabilities assumed in a business combination. Instead, under the amendments in this Update, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The Update is effective for smaller reporting companies and all other entities for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. This Update is not expected to have a significant impact on the Company’s financial statements. In January 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, March 2020 , to provide temporary optional expedients and exceptions to the U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate. Entities can elect not to apply certain modification accounting requirements to contracts affected by what the guidance calls “reference rate reform” if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Also, entities can elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform if certain criteria are met, and can make a one-time election to sell and/or reclassify held-to-maturity debt securities that reference an interest rate affected by reference rate reform. The amendments in this ASU are effective for all entities upon issuance through December 31, 2022. In December 2022, the FASB issued ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 , which extends the sunset (or expiration) date of Accounting Standards Codification (ASC) Topic 848 to December 31, 2024. This gives reporting entities two additional years to apply the accounting relief provided under ASC Topic 848 for matters related to reference rate reform. ASU 2022-06 is effective for all reporting entities immediately upon issuance and must be applied on a prospective basis. This Update is not expected to have a significant impact on the Company’s financial statements. In August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40), which simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. This ASU removes from U.S. GAAP the separation models for (1) convertible debt with a cash conversion feature and (2) convertible instruments with a beneficial conversion feature. As a result, entities will not separately present in equity an embedded conversion feature in such debt. Instead, they will account for a convertible debt instrument wholly as debt, and for convertible preferred stock wholly as preferred stock (i.e., as a single unit of account), unless (1) a convertible instrument contains features that require bifurcation as a derivative under ASC 815 or (2) a convertible debt instrument was issued at a substantial premium. This ASU requires entities to provide expanded disclosures about the terms and features of convertible instruments, how the instruments have been reported in the entity’s financial statements, and information about events, conditions, and circumstances that can affect how to assess the amount or timing of an entity’s future cash flows related to those instruments. The amendments in this ASU are effective for public business entities that are not smaller reporting companies, for fiscal years beginning after December 15, 2021, and interim periods within those fiscal years. For all other entities, this ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The guidance may be early adopted for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. This Update is not expected to have a significant impact on the Company’s financial statements. In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (Topic 820) – Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions . This amendment clarifies the guidance in Topic 820, Fair Value Measurement , when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of an equity security. It also introduces new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. The amendments are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. Early adoption is permitted. The amendments will be applied prospectively, with any adjustments from the adoption of the amendments recognized in earnings and disclosed on the date of adoption. This Update is not expected to have a significant impact on the Company’s financial statements. In March 2023, the FASB issued ASU 2023-02, Investments – Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method . ASU 2023-02 permits reporting entities to elect to account for their tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. ASU 2023-02 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2023. This Update is not expected to have a significant impact on the Company’s financial statements. In July 2023, the FASB issued ASU 2023-03, Presentation of Financial Statements (Topic 205), Income Statement-Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation-Stock Compensation (Topic 718) , which amends or supersedes various SEC paragraphs within the Codification to conform to past SEC announcements and guidance issued by the SEC. The ASU does not provide any new guidance so there is no transition or effective date associated with it. This ASU did not have a significant impact on the Company’s financial statements. In August 2023, the FASB issued ASU 2023-04, Liabilities (Topic 405), which adds various SEC paragraphs to the Codification to reflect guidance included in SEC Staff Accounting Bulletin 121 on safeguarding crypto assets. The standard does not provide any new guidance so there is no transition or effective date associated with it . This ASU did not have a significant impact on the Company’s financial statements. In October 2023, the FASB issued ASU 2023-06, Disclosure Improvement: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative , which incorporates several SEC disclosure requirements into US GAAP and adds interim and annual disclosure requirements to a variety of topics in the Accounting Standards Codification, including those focusing on accounting changes, earnings per share, debt and repurchase agreements. For entities subject to the SEC disclosure requirements and those “required to file or furnish financial statements with or to the SEC in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer,” the US GAAP requirements will be effective when the removal of the related SEC rule is effective. Early adoption is not permitted for these entities. For all other entities, the effective date will be two years later, and early adoption is permitted. That is, financial statements issued after the effective date of each amendment are required to include on a prospective basis the related disclosure incorporated into US GAAP by this ASU. However, if the SEC does not act to remove its related requirements by June 30, 2027, any related FASB amendments will be removed from the Codification and will not be effective for any entities. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (TOPIC 280): Improvements to Reportable Segment Disclosures , which requires public entities to disclose information about their reportable segments’ significant expenses on an interim and annual basis. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. Public entities are required to adopt the changes retrospectively, recasting each prior-period disclosure for which a comparative income statement is presented in the period of adoption.

OPERATIONS AND SUMMARY OF SIG_3

OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Summary of Impact of CECL	The impact from the adoption of CECL is shown below: January 1, 2023 (In Thousands) Pre-Adoption Adoption Impact As Reported Assets ACL on loans Commercial, financial, and agricultural $ 1,914 $ 2,656 $ 4,570 Real estate mortgage: Residential 5,061 (3,893) 1,168 Commercial 6,110 (2,660) 3,450 Construction 188 (96) 92 Consumer automobile loans 1,617 240 1,857 Other consumer installment loans 109 602 711 Unallocated 638 (638) — Liabilities ACL for unfunded commitments 143 1,703 1,846 $ 15,780 $ (2,086) $ 13,694

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The changes in accumulated other comprehensive income (loss) by component shown, net of tax and parenthesis indicating debits to net income, as of December 31, 2023, 2022, and 2021 were as follows: Twelve Months Ended Twelve Months Ended Twelve Months Ended (In Thousands) Net Unrealized (Loss) Gain on Available * Defined Total* Net Unrealized Gain (Loss) on Available * Defined * Total * Net Unrealized Gain (Loss) on Available * Defined * Total * Beginning balance $ (9,819) $ (4,139) $ (13,958) $ 2,373 $ (3,485) $ (1,112) $ 4,714 $ (5,596) $ (882) Other comprehensive income (loss) before reclassifications 3,271 1,268 4,539 (12,365) (709) (13,074) (1,789) 1,965 176 Amounts reclassified from accumulated other comprehensive income (loss) 152 117 269 173 55 228 (552) 146 (406) Net current-period other comprehensive income (loss) 3,423 1,385 4,808 (12,192) (654) (12,846) (2,341) 2,111 (230) Ending balance $ (6,396) $ (2,754) $ (9,150) $ (9,819) $ (4,139) $ (13,958) $ 2,373 $ (3,485) $ (1,112) *Amounts net of 21% tax rate
Schedule of Reclassification Out of Accumulated Other Comprehensive Income	The reclassifications out of accumulated other comprehensive (loss) income shown, net of tax and parenthesis indicating debits to net income, as of December 31, 2023, 2022, and 2021 were as follows: (In Thousands) Amount Reclassified from Accumulated Other Comprehensive (Loss) Income Details about Accumulated Other Comprehensive (Loss) Income Components Twelve Months Ended Affected Line Item December 31, 2023 December 31, 2022 December 31, 2021 Net realized (loss) gain on available for sale securities $ (193) $ (219) $ 699 Net debt securities (losses) gain, net available for sale Income tax effect 41 46 (147) Income tax provision $ (152) $ (173) $ 552 Net unrecognized pension expense $ (148) $ (69) $ (186) Other non-interest expense Income tax effect 31 14 40 Income tax provision $ (117) $ (55) $ (146)

PER SHARE DATA (Tables)

PER SHARE DATA (Tables)	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Schedule of Weighted Average Common Shares (Denominator) Used in the Basic and Dilutive Earnings Per Share Computation	The following table sets forth the composition of the weighted average common shares (denominator) used in the basic and dilutive per share computation. Year Ended December 31, 2023 2022 2021 Weighted average common shares issued 7,622,675 7,559,306 7,542,043 Average treasury stock shares (510,225) (499,869) (480,225) Weighted average common shares outstanding - basic 7,112,450 7,059,437 7,061,818 Dilutive effect of outstanding stock options — — — Weighted average common shares outstanding - diluted 7,112,450 7,059,437 7,061,818

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost, Gross Unrealized Gains and Losses, and Fair Values of Equity and Trading Investment Securities	The amortized cost, gross gains and losses, and fair values of investment securities at December 31, 2023 and 2022 are as follows: 2023 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for sale (AFS): U.S. Government and agency securities $ 4,000 $ 3 $ (60) $ 3,943 Mortgage-backed securities 15,457 120 (222) 15,355 State and political securities 120,740 162 (5,287) 115,615 Other debt securities 58,844 97 (2,909) 56,032 Total debt securities $ 199,041 $ 382 $ (8,478) $ 190,945 Investment equity securities: Other equity securities $ 1,300 $ — $ (178) $ 1,122 Total equity securities $ 1,300 $ — $ (178) $ 1,122 2022 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for sale (AFS): U.S. Government and agency securities $ 3,002 $ — $ (106) $ 2,896 Mortgage-backed securities 1,496 — (214) 1,282 State and political securities 151,426 157 (8,774) 142,809 Other debt securities 50,178 58 (3,550) 46,686 Total debt securities $ 206,102 $ 215 $ (12,644) $ 193,673 Investment equity securities: Other equity securities $ 1,350 $ — $ (208) $ 1,142 Total equity securities $ 1,350 $ — $ (208) $ 1,142
Schedule of Gross Unrealized Losses and Fair Value	The following tables show the Corporation’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, at December 31, 2023 and 2022. 2023 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (In Thousands) Value Losses Value Losses Value Losses Available for sale (AFS) U.S. Government and agency securities $ — $ — $ 2,940 $ (60) $ 2,940 $ (60) Mortgage-backed securities 7,559 (78) 984 (144) 8,543 (222) State and political securities 6,051 (128) 99,405 (5,159) 105,456 (5,287) Other debt securities 12,976 (218) 35,449 (2,691) 48,425 (2,909) Total Debt Securities AFS $ 26,586 $ (424) $ 138,778 $ (8,054) $ 165,364 $ (8,478) 2022 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (In Thousands) Value Losses Value Losses Value Losses Available for sale (AFS) U.S. Government and agency securities $ 2,896 $ (106) $ — $ — $ 2,896 $ (106) Mortgage-backed securities — — 1,282 (214) 1,282 (214) State and political securities 95,444 (4,797) 36,283 (3,977) 131,727 (8,774) Other debt securities 16,896 (664) 25,144 (2,886) 42,040 (3,550) Total Debt Securities AFS $ 115,236 $ (5,567) $ 62,709 $ (7,077) $ 177,945 $ (12,644)
Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	The amortized cost and fair value of debt securities at December 31, 2023, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities since borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Cost Fair Value Due in one year or less $ 37,991 $ 37,305 Due after one year to five years 78,601 74,864 Due after five years to ten years 71,951 68,271 Due after ten years 10,498 10,505 Total $ 199,041 $ 190,945
Schedule of Gross Realized Gains and Losses	The following table represents gross realized gains and losses on those transactions: Year Ended December 31, (In Thousands) 2023 2022 2021 Gross realized gains: U.S. Government and agency securities $ — $ — $ — Mortgage-backed securities — — — State and political securities 146 14 408 Other debt securities — — 323 Total gross realized gains $ 146 $ 14 $ 731 Gross realized losses: U.S. Government and agency securities $ — $ — $ — Mortgage-backed securities — — — State and political securities 339 233 32 Other debt securities — — — Total gross realized losses $ 339 $ 233 $ 32
Schedule of Unrealized and Realized Gains and Losses Recognized in Net Income	The following is a summary of unrealized and realized gains and losses recognized in net income on equity securities during the years ended December 31, 2023, 2022 and 2021: (In Thousands) 2023 2022 2021 Net gain (loss) recognized in equity securities during the period $ 15 $ (146) $ (40) Less: Net (loss) gain realized on the sale of equity securities during the period (1) — — Unrealized gain (loss) recognized in equity securities held at reporting date $ 16 $ (146) $ (40)

LOAN CREDIT QUALITY AND RELAT_2

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES (Tables)	12 Months Ended
	Dec. 31, 2023
Loans and Leases Receivable Disclosure [Abstract]
Schedule of Related Aging Categories of Loans by Segment	The following table presents the related aging categories of loans, by class, as of December 31, 2023 and 2022: 2023 (In Thousands) Past Due Past Due 90 Current Total Commercial, financial, and agricultural $ 749 $ 587 $ 212,130 $ 213,466 Real estate mortgage: Residential 10,158 1,970 786,373 798,501 Commercial 1,466 273 529,862 531,601 Construction 812 — 39,577 40,389 Consumer automobile loans 2,748 307 241,343 244,398 Other consumer installment loans 620 11 9,730 10,361 $ 16,553 $ 3,148 $ 1,819,015 1,838,716 Net deferred loan fees and discounts 1,048 Allowance for credit losses (11,446) Loans, net $ 1,828,318 2022 (In Thousands) Past Due Past Due 90 Current Total Commercial, financial, and agricultural $ 94 $ 432 $ 189,935 $ 190,461 Real estate mortgage: Residential 5,472 1,644 701,093 708,209 Commercial 2,564 2,719 495,349 500,632 Construction 511 — 42,797 43,308 Consumer automobile loans 2,089 80 183,943 186,112 Other consumer installment loans 152 15 10,194 10,361 $ 10,882 $ 4,890 $ 1,623,311 1,639,083 Net deferred loan fees and discounts 648 Allowance for loan losses (15,637) Loans, net $ 1,624,094
Schedule of Nonaccrual Loans	Non-Accrual Loans December 31, 2023 December 31, 2022 Non-accrual Loans (In Thousands) With a Related ACL Without a Related ACL Total Total Non-accrual loans Commercial, financial, and agricultural $ — $ 504 $ 504 $ 432 Real estate mortgage: Residential 21 259 280 524 Commercial — 214 214 2,659 Construction — — — — Consumer automobile — — — — Other consumer installment loans — — — — $ 21 $ 977 $ 998 $ 3,615
Schedule of Activity in the Allowance	The following table presents the components of the ACL as of December 31, 2023: December 31, (In Thousands) 2023 ACL - loans $ 11,446 ACL - off balance sheet credit exposure 1,342 Total ACL $ 12,788 Activity in the allowance is presented for the twelve months ended December 31, 2023, 2022, and 2021: 2023 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,914 $ 5,061 $ 6,110 $ 188 $ 1,617 $ 109 $ 638 $ 15,637 Impact of adopting ASC 326 2,656 (3,893) (2,660) (96) 240 602 (638) (3,789) Charge-offs (41) (82) (62) — (666) (380) — (1,231) Recoveries 1,538 29 26 — 79 84 — 1,756 Provision (2,688) 85 (62) 53 1,398 287 — (927) Ending Balance $ 3,379 $ 1,200 $ 3,352 $ 145 $ 2,668 $ 702 $ — $ 11,446 2022 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,946 $ 4,701 $ 5,336 $ 179 $ 1,411 $ 111 $ 492 $ 14,176 Charge-offs (21) (21) (154) — (386) (267) — (849) Recoveries 186 47 4 29 58 76 — 400 Provision (197) 334 924 (20) 534 189 146 1,910 Ending Balance $ 1,914 $ 5,061 $ 6,110 $ 188 $ 1,617 $ 109 $ 638 $ 15,637 2021 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment (In Thousands) Residential Commercial Construction Unallocated Totals Beginning Balance $ 1,936 $ 4,460 $ 3,635 $ 134 $ 1,906 $ 261 $ 1,471 $ 13,803 Charge-offs (37) (219) (14) — (286) (173) — (729) Recoveries 27 112 109 10 143 61 — 462 Provision 20 348 1,606 35 (352) (38) (979) 640 Ending Balance $ 1,946 $ 4,701 $ 5,336 $ 179 $ 1,411 $ 111 $ 492 $ 14,176
Schedule of Recorded Investment, Unpaid Principal Balance, and Related Allowance of Impaired Loans by Segment	The following table presents the recorded investment, unpaid principal balance, and related allowance of impaired loans by segment as of December 31, 2022: 2022 (In Thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial, financial, and agricultural $ 295 $ 295 $ — Real estate mortgage: Residential 3,388 3,388 — Commercial 2,588 2,588 — Construction — — — Consumer automobile loans — — — Other consumer installment loans — — — 6,271 6,271 — With an allowance recorded: Commercial, financial, and agricultural 403 403 4 Real estate mortgage: Residential 933 933 111 Commercial 3,607 3,607 827 Construction — — — Consumer automobile loans — — — Other consumer installment loans 19 — 19 4,962 4,943 961 Total: Commercial, financial, and agricultural 698 698 4 Real estate mortgage: Residential 4,321 4,321 111 Commercial 6,195 6,195 827 Construction — — — Consumer automobile loans — — — Other consumer installment loans 19 — 19 $ 11,233 $ 11,214 $ 961
Schedule of Average Recorded Investment in Impaired Loans and Related Interest Income Recognized	The following table presents the average recorded investment in impaired loans and related interest income recognized for December 31, 2022 and 2021: 2022 (In Thousands) Average Interest Income Interest Income Commercial, financial, and agricultural $ 765 $ 20 $ — Real estate mortgage: Residential 4,676 192 3 Commercial 7,233 201 26 Construction 34 1 — Consumer automobile loans 3 1 — Other consumer installment loans 16 — — $ 12,727 $ 415 $ 29 2021 (In Thousands) Average Interest Income Interest Income Commercial, financial, and agricultural $ 1,345 $ 13 $ — Real estate mortgage: Residential 5,530 174 — Commercial 9,462 122 — Construction 116 2 — Consumer automobile loans 30 — — Other consumer installment loans 12 1 — $ 16,495 $ 312 $ —
Schedule of collateral dependent loans	The following table presents outstanding loan balances of collateral-dependent loans by class as of December 31, 2023: (In Thousands) Real estate Unsecured* Total Real estate mortgage: Residential $ 1,533 $ — $ 1,533 Commercial 88 — 88 Total $ 1,621 $ — $ 1,621
Schedule of Loan Modifications that are Considered TDRs	Loan modifications that are considered TDRs completed during the twelve months ended December 31, 2023, 2022, and 2021 were as follows: Year Ended December 31, 2022 (In Thousands, Except Number of Contracts) Number Pre-Modification Post-Modification Commercial, financial, and agricultural — $ — $ — Real estate mortgage: Residential 1 220 220 Commercial — — — Construction — — — Other consumer installment loans — — — Total 1 $ 220 $ 220 Year Ended December 31, 2021 (In Thousands, Except Number of Contracts) Number Pre-Modification Post-Modification Commercial, financial, and agricultural 1 $ 949 $ 949 Real estate mortgage: Residential 3 1,265 1,265 Commercial 2 842 842 Construction — — — Other consumer installment loans — — — Total 6 $ 3,056 $ 3,056
Schedule of Credit Quality Categories	The following table presents the credit quality categories identified above as of December 31, 2023 and 2022: December 31, 2023 (In Thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Total Commercial, financial, and agricultural Pass $ 31,190 $ 49,615 $ 35,901 $ 31,980 $ 3,123 $ 29,502 $ 29,397 $ 101 $ 210,809 Special Mention — 183 37 19 — 138 223 — 600 Substandard or Lower — — — 85 — 742 487 743 2,057 $ 31,190 $ 49,798 $ 35,938 $ 32,084 $ 3,123 $ 30,382 $ 30,107 $ 844 $ 213,466 Current period gross write offs $ — $ 41 $ — $ — $ — $ — $ — $ — $ 41 Real estate mortgage: Residential Pass $ 135,939 $ 134,077 $ 88,844 $ 51,378 $ 33,914 $ 148,802 $ 56,519 $ 146,055 $ 795,528 Special Mention — 844 273 — — — — — 1,117 Substandard or Lower — — — — — 1,790 — 66 1,856 $ 135,939 $ 134,921 $ 89,117 $ 51,378 $ 33,914 $ 150,592 $ 56,519 $ 146,121 $ 798,501 Current period gross write offs $ — $ — $ — $ — $ — $ 9 $ 73 $ — $ 82 Commercial Pass $ 55,664 $ 107,638 $ 128,094 $ 49,603 $ 24,104 $ 144,377 $ 12,338 $ 821 $ 522,639 Special Mention — 153 2,990 — — 1,891 — — 5,034 Substandard or Lower — — — — 59 3,869 — — 3,928 $ 55,664 $ 107,791 $ 131,084 $ 49,603 $ 24,163 $ 150,137 $ 12,338 $ 821 $ 531,601 Current period gross write offs $ 59 $ — $ — $ — $ — $ 3 $ — $ — $ 62 Construction Pass $ 25,494 $ 6,837 $ 1,742 $ 1,302 $ 392 $ 4,272 $ 261 $ — $ 40,300 Special Mention — — — — — — — — — Substandard or Lower — — — — — 89 — — 89 $ 25,494 $ 6,837 $ 1,742 $ 1,302 $ 392 $ 4,361 $ 261 $ — $ 40,389 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Consumer Automobile Pass $ 119,922 $ 78,443 $ 19,567 $ 15,348 $ 7,305 $ 3,813 $ — $ — $ 244,398 Special Mention — — — — — — — — — Substandard or Lower — — — — — — — — — $ 119,922 $ 78,443 $ 19,567 $ 15,348 $ 7,305 $ 3,813 $ — $ — $ 244,398 Current period gross write offs $ 30 $ 320 $ 178 $ 113 $ 8 $ 17 $ — $ — $ 666 Installment loans to individuals Pass $ 2,952 $ 2,188 $ 1,177 $ 524 $ 407 $ 3,071 $ — $ 42 $ 10,361 Special Mention — — — — — — — — — Substandard or Lower — — — — — — — — — $ 2,952 $ 2,188 $ 1,177 $ 524 $ 407 $ 3,071 $ — $ 42 $ 10,361 Current period gross write offs $ 232 $ 47 $ 23 $ 8 $ 12 $ 34 $ 13 $ 11 $ 380 The information presented in the table above is not required for periods prior to the adoption of CECL. The following table presents the most comparable required information for the prior period, internal credit ratings for the report loan segments as of December 31, 2022: 2022 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment (In Thousands) Residential Commercial Construction Totals Pass $ 184,783 $ 705,515 $ 488,993 $ 43,209 $ 186,112 $ 10,361 $ 1,618,973 Special Mention 125 266 4,526 — — — 4,917 Substandard 5,553 2,428 7,113 99 — — 15,193 Total $ 190,461 $ 708,209 $ 500,632 $ 43,308 $ 186,112 $ 10,361 $ 1,639,083
Schedule of Concentration of Loan	The Corporation has a concentration of loans at December 31, 2023 and 2022 as follows: 2023 2022 Owners of residential rental properties 18.74 % 19.67 % Owners of commercial rental properties 14.65 % 15.63 %
Schedule of Allowance for Loan Losses and the Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method	The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2022: 2022 Commercial, Finance, and Agricultural Real Estate Mortgages Consumer automobile Other consumer installment Unallocated Totals (In Thousands) Residential Commercial Construction Allowance for Loan Losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 4 $ 111 $ 827 $ — $ — $ 19 $ — $ 961 Collectively evaluated for impairment 1,910 4,950 5,283 188 1,617 90 638 14,676 Total ending allowance balance $ 1,914 $ 5,061 $ 6,110 $ 188 $ 1,617 $ 109 $ 638 $ 15,637 Loans: Individually evaluated for impairment $ 698 $ 4,321 $ 6,195 $ — $ — $ 19 $ 11,233 Collectively evaluated for impairment 189,763 703,888 494,437 43,308 186,112 10,342 1,627,850 Total ending loans balance $ 190,461 $ 708,209 $ 500,632 $ 43,308 $ 186,112 $ 10,361 $ 1,639,083

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Summary of Major Classifications of Premises and Equipment	Major classifications of premises and equipment are summarized as follows at December 31, 2023 and 2022: (In Thousands) 2023 2022 Land $ 6,595 $ 6,680 Premises 22,129 22,571 Furniture and equipment 13,223 12,732 Leasehold improvements 4,157 4,000 Finance lease right-of-use assets 6,576 7,006 Total 52,680 52,989 Less accumulated depreciation and amortization 22,430 21,145 Net premises and equipment $ 30,250 $ 31,844

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	As of December 31, 2023, the estimated future amortization expense for the core deposit and trade name intangible was: (In Thousands) Book of Business Intangible 2024 $ 102 2025 102 2026 6 $ 210

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2023
Nonmonetary Transactions [Abstract]
Schedule of Total Time Deposit Maturities	Total time deposit maturities are as follows at December 31, 2023: (In Thousands) 2023 2024 $ 266,948 2025 100,566 2026 11,228 2027 4,443 2028 1,050 Thereafter 557 Total $ 384,792
Summary of Deposits by Type	Total deposits at December 31, 2023 and 2022 are as follows: 2023 2022 (In Thousands) Amount Amount Noninterest-bearing $ 471,173 $ 519,063 Savings 219,287 247,952 Super Now 214,888 372,574 Money Market 299,353 270,589 Time 260,067 137,949 Brokered Time Deposits 124,725 8,333 Total deposits $ 1,589,493 $ 1,556,460

SHORT-TERM BORROWINGS (Tables)

SHORT-TERM BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Summary of Outstanding Balances and Related Information for Short-Term Borrowings	The outstanding balances and related information for short-term borrowings are summarized as follows at December 31, 2023 and 2022: (In Thousands) 2023 2022 Repurchase Agreements: Balance at year end $ 3,631 $ 5,153 Maximum amount outstanding at any month end 5,153 6,634 Average balance outstanding during the year 4,110 5,216 Weighted-average interest rate: At year end 0.45 % 0.29 % Paid during the year 0.57 % 0.16 % Overnight: Balance at year end $ 92,295 $ 148,196 Maximum amount outstanding at any month end 178,010 148,196 Average balance outstanding during the year 126,742 24,099 Weighted-average interest rate: At year end 5.68 % 4.45 % Paid during the year 5.45 % 4.14 % Short-Term: Balance at year end $ 50,000 $ — Maximum amount outstanding at any month end 50,000 — Average balance outstanding during the year 26,288 — Weighted-average interest rate: At year end 5.62 % — % Paid during the year 5.59 % — %
Summary of Remaining Contractual Maturity of Repurchase Agreements	The remaining contractual maturity of repurchase agreements in the consolidated balance sheets as of December 31, 2023 and 2022 is presented in the following tables. 2023 2022 Remaining Contractual Maturity of the Agreements (In Thousands) Overnight and Continuous Overnight and Continuous Repurchase Agreements: State and political securities $ 7,976 $ 6,193 Other debt securities — 972 Total carrying value of collateral pledged $ 7,976 $ 7,165 Total liability recognized for repurchase agreements $ 3,631 $ 5,153

LONG-TERM BORROWINGS (Tables)

LONG-TERM BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Schedule of Outstanding Long-Term Borrowings with the FHLB by Contractual Maturities	The following represents outstanding long-term borrowings with the FHLB by contractual maturities at December 31, 2023 and 2022: (In Thousands) Weighted Average Interest Rate Stated Interest Rate Range Description Maturity 2023 2022 From To 2023 2022 Fixed 2023 — % 2.60 % 1.84 % 3.10 % $ — $ 25,000 Fixed 2024 2.24 % 2.24 % 1.50 % 2.96 % 40,000 40,000 Fixed 2025 3.97 % 1.62 % 1.14 % 5.48 % 95,000 30,000 Fixed 2026 4.54 % — % 4.31 % 5.01 % 15,000 — Fixed 2027 4.30 % — % 4.05 % 4.88 % 40,000 — Fixed 2028 3.94 % — % 3.76 % 4.45 % 55,000 — Total Fixed 3.77 % 2.14 % 245,000 95,000 Total 3.77 % 2.14 % $ 245,000 $ 95,000
Schedule of Outstanding Long-Term Borrowings with the FHLB by Contractual Maturities and Weighted-Average Rate	(In Thousands) Amount Weighted Average Rate 2024 $ 40,000 2.24 % 2025 95,000 3.97 % 2026 15,000 4.54 % 2027 40,000 4.30 % 2028 55,000 3.94 % $ 245,000 3.77 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Temporary Differences giving Rise to the Net Deferred Tax Asset Position	The following temporary differences gave rise to the net deferred tax asset position at December 31, 2023 and 2022: (In Thousands) 2023 2022 Deferred tax assets: Allowance for loan losses $ 2,685 $ 3,314 Deferred compensation 1,838 1,788 Lease liability 2,317 2,203 Fair value adjustment on equity securities 37 40 Unrealized loss on available for sale securities 1,700 2,610 Non-qualified Stock Options 668 883 Capital loss carryforward 380 380 Other 174 202 Total 9,799 11,420 Deferred tax liabilities: Lease right of use asset 2,090 2,028 Defined pension 1,359 914 Investment security accretion 311 177 Deferred loan fees and discounts 218 135 Depreciation 356 481 Amortization 430 437 Valuation allowance 380 380 Total 5,144 4,552 Deferred tax asset, net $ 4,655 $ 6,868
Schedule of Provision or Benefit for Income Taxes	The provision or benefit for income taxes is comprised of the following for the year ended December 31, 2023, 2022, and 2021: (In Thousands) 2023 2022 2021 Currently payable $ 2,779 $ 4,671 $ 4,153 Deferred expense (benefit) 935 (508) (359) Total provision $ 3,714 $ 4,163 $ 3,794
Schedule of Reconciliation between the Expected Income Tax or Benefit and the Effective Income Tax Rate on Income before Income Tax Provision or Benefit	A reconciliation between the expected income tax or benefit and the effective income tax rate on income before income tax provision or benefit follows for the year ended December 31, 2023, 2022, and 2021: 2023 2022 2021 (In Thousands) Amount % Amount % Amount % Provision at expected rate $ 4,268 21.00 % $ 4,532 21.00 % $ 4,167 21.00 % (Decrease) increase in tax resulting from: Tax-exempt income (548) (2.70) (516) (2.39) (520) (2.62) Other, net (6) (0.03) 147 0.68 147 0.74 Effective income tax provision and rate $ 3,714 18.27 % $ 4,163 19.29 % $ 3,794 19.12 %

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
Schedule of Obligation and Funded Status	The following table sets forth the obligation and funded status as of December 31, 2023 and 2022: (In Thousands) 2023 2022 Change in benefit obligation: Benefit obligation at beginning of year $ 16,544 $ 21,923 Interest cost 792 553 Actuarial loss (gain) 113 (209) Benefits paid (916) (904) Change in actuarial assumptions 325 (4,819) Benefit obligation at end of year $ 16,858 $ 16,544 Change in plan assets: Fair value of plan assets at beginning of year $ 20,894 $ 26,073 Actual return on plan assets 3,351 (4,272) Benefits paid (916) (904) Adjustment to fair value of plan assets — (3) Fair value of plan assets at end of year 23,329 20,894 Funded status $ 6,471 $ 4,350 Accounts recognized on balance sheet as: Total assets $ 6,471 $ 4,350 Amounts not yet recognized as a component of net periodic pension cost: Amounts recognized in accumulated other comprehensive income (loss) consist of: Net loss $ 3,486 $ 5,240
Schedule of Components of the Net Periodic Cost and Other Amounts Recognized in other Comprehensive Income (loss)	Components of Net Periodic Cost and Other Amounts Recognized in Other Comprehensive Income (Loss) as of December 31, 2023, 2022, and 2021 are as follows: (In Thousands) 2023 2022 2021 Net periodic pension cost: Interest cost $ 792 $ 553 $ 509 Expected return on plan assets (1,306) (1,652) (1,542) Amortization of unrecognized net loss 148 69 186 Net periodic (benefit) cost $ (366) $ (1,030) $ (847)
Schedule of Weighted-Average Assumptions used to Determine Benefit Obligations and Net Periodic Cost	Weighted-average assumptions used to determine benefit obligations at December 31, 2023, 2022, and 2021: 2023 2022 2021 Discount rate 4.73 % 4.93 % 2.61 % Rate of compensation increase N/A N/A N/A Weighted-average assumptions used to determine net periodic cost for years ended December 31, 2023, 2022, and 2021: 2023 2022 2021 Discount rate 4.93 % 2.61 % 2.24 % Expected long-term return on plan assets 7.00 % 7.00 % 7.00 %
Schedule of Plan's Weighted-Average Asset Allocations by Asset Category	The Plan’s weighted-average asset allocations at December 31, 2023 and 2022 by asset category are as follows: Asset Category 2023 2022 Cash 3.91 % 4.84 % Fixed income securities 14.34 % 15.05 % Equity 70.96 % 66.36 % Inflation Hedges/Real Assets 5.38 % 3.92 % Hedged Strategies 5.41 % 9.83 % Total 100.00 % 100.00 %
Schedule Setting Forth by Level, within the Fair Value Hierarchy the Plan's Assets at Fair Value	The following table sets forth by level, within the fair value hierarchy detailed in Note 20 - Fair Value Measurements, the Plan’s assets at fair value as of December 31, 2023 and 2022: 2023 (In Thousands) Level I Level II Level III Total Assets: Cash and cash equivalents $ 913 $ — $ — $ 913 Mutual funds - taxable fixed income 3,346 — — 3,346 Mutual funds - domestic equity 11,606 — — 11,606 Mutual funds - international equity 4,947 — — 4,947 Inflation Hedges/Real Assets 1,255 — — 1,255 Hedged Strategies 1,262 — — 1,262 Total assets at fair value $ 23,329 $ — $ — $ 23,329 2022 (In Thousands) Level I Level II Level III Total Assets: Cash and cash equivalents $ 1,012 $ — $ — $ 1,012 Mutual funds - taxable fixed income 3,144 — — 3,144 Mutual funds - domestic equity 8,393 — — 8,393 Mutual funds - international equity 5,472 — — 5,472 Inflation Hedges/Real Assets 819 — — 819 Hedged Strategies 2,054 — — 2,054 Total assets at fair value $ 20,894 $ — $ — $ 20,894
Schedule of Future Benefit Payments Expected to be Paid	The following future benefit payments are expected to be paid: (In Thousands) 2024 $ 1,105 2025 1,145 2026 1,196 2027 1,210 2028 1,223 2029-2032 6,024 $ 11,903

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock Options Activity	A summary of stock option activity for the year ended December 31, 2023 is presented below: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at January 1, 2023 914,000 $ 25.34 7.71 $ — Granted 89,000 27.77 9.06 Cash Settlement — — Forfeited (3,000) 28.01 Expired — — Outstanding at December 31, 2023 1,000,000 $ 25.55 6.92 $ — Options exercisable at December 31, 2023 223,400 $ 26.58 5.68 $ — On December 31, 2023, a total of 1,000,000 options were outstanding. Outstanding options at December 31, 2023 and the related vesting schedules are summarized below: Stock Options Granted Date Shares Forfeited Cash Settlement Outstanding Strike Price Vesting Period Expiration January 20, 2023 59,500 — — 59,500 $ 27.77 3 years 10 years January 20, 2023 29,500 — — 29,500 27.77 5 years 10 years January 18, 2022 156,000 — — 156,000 24.10 3 years 10 years January 18, 2022 78,000 — — 78,000 24.10 5 years 10 years April 9, 2021 156,500 — — 156,500 24.23 3 years 10 years April 9, 2021 78,000 — — 78,000 24.23 5 years 10 years March 11, 2020 119,300 — — 119,300 25.34 3 years 10 years March 11, 2020 119,200 — — 119,200 25.34 5 years 10 years March 15, 2019 120,900 (19,800) — 101,100 28.01 3 years 10 years March 15, 2019 119,100 (19,200) — 99,900 28.01 5 years 10 years August 27, 2015 58,125 (26,250) (28,875) 3,000 28.02 5 years 10 years
Stock Option Valuation Assumptions	The following is a summary of the assumptions used in this model for the stock options granted during 2023, 2022, and 2021: 2023 2022 2021 Risk-free interest rate 3.76 % 1.23 % 0.82 % Expected volatility 31.42 % 33.50 % 36.56 % Expected annual dividend $ 1.28 $ 1.28 $ 1.28 Expected life 6.51 years 6.84 years 6.84 years Weighted average grant date fair value per option $ 6.11 $ 4.28 $ 4.72

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Summary of Loan Activity with Executive Officers, Directors, Principal Shareholders, and Associates of such Persons	A summary of loan activity with executive officers, directors, principal shareholders, and associates of such persons is listed below for the years ended December 31, 2023 and 2022: (In Thousands) Beginning Balance New Loans Other Repayments Ending Balance 2022 12,366 10,651 (5,266) (6,206) $ 11,545 2023 11,545 2,484 — (5,850) 8,179

OFF-BALANCE SHEET RISK (Tables)

OFF-BALANCE SHEET RISK (Tables)	12 Months Ended
	Dec. 31, 2023
Off Balance Sheet Risk
Schedule of Financial Instruments whose Contract Amounts Represent Credit Risk	Financial instruments whose contract amounts represent credit risk are as follows at December 31, 2023 and 2022: (In Thousands) 2023 2022 Commitments to extend credit $ 161,037 $ 169,365 Standby letters of credit 13,969 9,915 Credit exposure from the sale of assets with recourse 6,995 7,358

CAPITAL REQUIREMENTS (Tables)

CAPITAL REQUIREMENTS (Tables)	12 Months Ended
	Dec. 31, 2023
Schedule of Investments [Abstract]
Schedule of the Company's and the Bank's Actual Capital Ratios Showing that both met all Regulatory Capital Requirements	The Corporation’s and the Banks' actual capital ratios (using the definitions from the prompt corrective action rules) are presented in the following tables, which shows that the Corporation and both Banks met all regulatory capital requirements. Consolidated Corporation 2023 2022 (In Thousands) Amount Ratio Amount Ratio Common Equity Tier I Capital (to Risk-weighted Assets) Actual $ 184,546 10.098 % $ 165,346 9.973 % For Capital Adequacy Purposes 82,240 4.500 % 74,607 4.500 % Minimum To Maintain Capital Conservation Buffer 127,929 7.000 % 116,056 7.000 % To Be Well Capitalized 118,791 6.500 % 107,766 6.500 % Total Capital (to Risk-weighted Assets) Actual $ 197,334 10.798 % $ 181,127 10.925 % For Capital Adequacy Purposes 146,200 8.000 % 132,633 8.000 % Minimum To Maintain Capital Conservation Buffer 191,888 10.500 % 174,081 10.500 % To Be Well Capitalized 182,751 10.000 % 165,791 10.000 % Tier I Capital (to Risk-weighted Assets) Actual $ 184,546 10.098 % $ 165,346 9.973 % For Capital Adequacy Purposes 109,653 6.000 % 99,476 6.000 % Minimum To Maintain Capital Conservation Buffer 155,342 8.500 % 140,925 8.500 % To Be Well Capitalized 146,204 8.000 % 132,635 8.000 % Tier I Capital (to Average Assets) Actual $ 184,546 8.597 % $ 165,346 8.636 % For Capital Adequacy Purposes 85,865 4.000 % 76,585 4.000 % To Be Well Capitalized 107,332 5.000 % 95,731 5.000 % Jersey Shore State Bank 2023 2022 (In Thousands) Amount Ratio Amount Ratio Common Equity Tier I Capital (to Risk-weighted Assets) Actual $ 131,356 9.890 % $ 119,783 9.781 % For Capital Adequacy Purposes 59,768 4.500 % 55,109 4.500 % Minimum To Maintain Capital Conservation Buffer 92,972 7.000 % 85,725 7.000 % To Be Well Capitalized 86,331 6.500 % 79,602 6.500 % Total Capital (to Risk-weighted Assets) Actual $ 142,134 10.701 % $ 131,379 10.728 % For Capital Adequacy Purposes 106,258 8.000 % 97,971 8.000 % Minimum To Maintain Capital Conservation Buffer 139,464 10.500 % 128,587 10.500 % To Be Well Capitalized 132,823 10.000 % 122,464 10.000 % Tier I Capital (to Risk-weighted Assets) Actual $ 131,356 9.890 % $ 119,783 9.781 % For Capital Adequacy Purposes 79,690 6.000 % 73,479 6.000 % Minimum To Maintain Capital Conservation Buffer 112,894 8.500 % 104,095 8.500 % To Be Well Capitalized 106,254 8.000 % 97,972 8.000 % Tier I Capital (to Average Assets) Actual $ 131,356 8.344 % $ 119,783 8.383 % For Capital Adequacy Purposes 62,970 4.000 % 57,155 4.000 % To Be Well Capitalized 78,713 5.000 % 71,444 5.000 % Luzerne Bank 2023 2022 (In Thousands) Amount Ratio Amount Ratio Common Equity Tier I Capital (to Risk-weighted Assets) Actual $ 51,974 10.288 % $ 43,364 9.877 % For Capital Adequacy Purposes 22,734 4.500 % 19,757 4.500 % Minimum To Maintain Capital Conservation Buffer 35,363 7.000 % 30,733 7.000 % To Be Well Capitalized 32,837 6.500 % 28,538 6.500 % Total Capital (to Risk-weighted Assets) Actual $ 53,984 10.686 % $ 47,549 10.830 % For Capital Adequacy Purposes 40,415 8.000 % 35,124 8.000 % Minimum To Maintain Capital Conservation Buffer 53,044 10.500 % 46,100 10.500 % To Be Well Capitalized 50,518 10.000 % 43,905 10.000 % Tier I Capital (to Risk-weighted Assets) Actual $ 51,974 10.288 % $ 43,364 9.877 % For Capital Adequacy Purposes 30,311 6.000 % 26,342 6.000 % Minimum To Maintain Capital Conservation Buffer 42,941 8.500 % 37,318 8.500 % To Be Well Capitalized 40,415 8.000 % 35,123 8.000 % Tier I Capital (to Average Assets) Actual $ 51,974 8.316 % $ 43,364 8.260 % For Capital Adequacy Purposes 25,000 4.000 % 21,000 4.000 % To Be Well Capitalized 31,249 5.000 % 26,249 5.000 %

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Assets Reported on the Balance Sheet at their Fair Value on a Recurring Basis	The following table presents the assets reported on the balance sheet at their fair value on a recurring basis as of December 31, 2023 and 2022, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. 2023 (In Thousands) Level I Level II Level III Total Assets measured on a recurring basis: Investment securities, available for sale: U.S. Government and agency securities $ — $ 3,943 $ — $ 3,943 Mortgage-backed securities — 15,355 — 15,355 State and political securities — 115,615 — 115,615 Other debt securities — 56,032 — 56,032 Investment equity securities: Other equity securities 1,122 — — 1,122 2022 (In Thousands) Level I Level II Level III Total Assets measured on a recurring basis: Investment securities, available for sale: U.S. Government and agency securities $ — $ 2,896 $ — $ 2,896 Mortgage-backed securities — 1,282 — 1,282 State and political securities — 142,809 — 142,809 Other debt securities — 46,686 — 46,686 Investment equity securities: Other equity securities 1,142 — — 1,142
Schedule of Assets Reported on the Consolidated Balance Sheet at their fair value on a non-recurring basis	The following table presents the assets reported on the balance sheet at their fair value on a non-recurring basis as of December 31, 2023 and 2022, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. 2023 (In Thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Collateral-dependent loans $ — $ — $ 1,621 $ 1,621 Other real estate owned — — 853 853 2022 (In Thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Collateral-dependent loans $ — $ — $ 1,923 $ 1,923 Other real estate owned — — 83 83
Schedule of Listing of Significant Unobservable Inputs used in the Fair Value Measurement Process for Items Valued Utilizing Level III techniques	The following table provides a listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques as of December 31, 2023 and 2022: 2023 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Technique(s) Unobservable Inputs Range Weighted Average Collateral-dependent loans $ 1,621 Appraisal of collateral (1) Appraisal of collateral (1) (15)% to (24)% (31)% Other real estate owned $ 853 Appraisal of collateral (1) Appraisal of collateral (1) (20)% (20)% 2022 Quantitative Information About Level III Fair Value Measurements (In Thousands) Fair Value Valuation Technique(s) Unobservable Inputs Range Weighted Average Impaired loans $ 1,923 Appraisal of collateral (1) Appraisal of collateral (1) (15)% to (34)% (14)% Other real estate owned $ 83 Appraisal of collateral (1) Appraisal of collateral (1) (20)% (20)% (1) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Values of Financial Instruments	The fair values of the Corporation’s financial instruments not required to be measured or reported at fair value are as follows at December 31, 2023 and 2022: Fair Value Measurements at December 31, 2023 (In Thousands) Carrying Value Fair Value Quoted Prices in Active Markets for Identical Assets (Level I) Significant Other Observable Inputs (Level II) Significant Unobservable Inputs Financial assets: Loans held for sale $ 3,993 $ 3,993 $ 3,993 $ — $ — Loans, net 1,828,318 1,806,044 — — 1,806,044 Financial liabilities: Time deposits $ 384,792 $ 382,139 $ — $ — $ 382,139 Short-term borrowings 145,926 145,926 145,926 — — Long-term borrowings 252,598 251,570 — — 251,570 Fair Value Measurements at December 31, 2022 (In Thousands) Carrying Value Fair Value Quoted Prices in Active Markets for Identical Assets (Level I) Significant Other Observable Inputs (Level II) Significant Unobservable Inputs (Level III) Financial assets: Loans held for sale $ 3,298 $ 3,298 $ 3,298 $ — $ — Loans, net 1,624,094 1,594,073 — — 1,594,073 Financial liabilities: Time deposits $ 146,282 $ 137,559 $ — $ — $ 137,559 Short-term borrowings 153,349 153,349 153,349 — — Long-term borrowings 102,783 99,118 — — 99,118

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Gross Interchange and Debit Card Transaction Fees Net Network Costs	The below table compares gross interchange and debit card transaction fees net network costs for 2023, 2022, and 2021: (In Thousands) 2023 2022 2021 Debit card transaction fees $ 2,573 $ 2,539 $ 2,684 Other processing service fees 366 357 236 Gross interchange and card based transaction fees 2,939 2,896 2,920 Network costs 1,611 1,432 1,409 Net interchange and card based transaction fees $ 1,328 $ 1,464 $ 1,511

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Schedule of Assets and Liabilities	The following table shows finance lease right of use assets and finance lease liabilities as of December 31, 2023: (In Thousands) Statement of Financial Condition classification December 31, 2023 December 31, 2022 Finance lease right of use assets Premises and equipment, net $ 6,576 $ 7,006 Finance lease liabilities Long-term borrowings 7,598 7,783
Schedule of Lease Cost, Term and Discount Rate	The following table shows the components of finance and operating lease expense for the year ended December 31, 2023. (In Thousands) 2023 2022 2021 Finance Lease Cost: Amortization of right-of-use asset $ 429 $ 429 $ 474 Interest expense 241 244 257 Operating lease cost 287 285 297 Total Lease Cost $ 957 $ 958 $ 1,028 The following table shows the weighted average remaining lease term and weighted average discount rate for both operating and finance leases outstanding as of December 31, 2023. Operating Finance Weighted-average term (years) 16.31 22.52 Weighted-average discount rate 3.56 % 3.21 %
Schedule of Operating Lease Liability Maturities	A maturity analysis of operating and finance lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows: (In Thousands) Operating Finance 2024 $ 255 $ 427 2025 257 929 2026 260 387 2027 268 388 2028 271 390 2029 and thereafter 2,029 8,498 Total undiscounted cash flows 3,340 11,019 Discount on cash flows (770) (3,421) Total lease liability $ 2,570 $ 7,598
Schedule of Finance Lease Liability Maturities	A maturity analysis of operating and finance lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows: (In Thousands) Operating Finance 2024 $ 255 $ 427 2025 257 929 2026 260 387 2027 268 388 2028 271 390 2029 and thereafter 2,029 8,498 Total undiscounted cash flows 3,340 11,019 Discount on cash flows (770) (3,421) Total lease liability $ 2,570 $ 7,598

OPERATIONS AND SUMMARY OF SIG_4

OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Principles of Consolidation, Nature of Business, Loan Charge-off Policies, and Loans Held for Sale (Details)	12 Months Ended
	Dec. 31, 2023 segment office	Oct. 01, 2021
Noncontrolling Interest [Line Items]
Number of offices (in offices) | office	24
Number of reportable segments (in segments) | segment	1
Number of days loan is past due unless both well secured and in process of collection	180 days
United Insurance Solutions, LLC
Noncontrolling Interest [Line Items]
Outstanding minority interest percentage		20%

OPERATIONS AND SUMMARY OF SIG_5

OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit losses	$ (11,446)	$ (15,637)	$ (14,176)	$ (13,803)
Shareholders' equity	191,556	167,665	172,274	164,146
Deferred tax asset increase (decrease)	4,655	6,868
Off-balance sheet credit exposure	1,342	143
RETAINED EARNINGS
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Shareholders' equity	$ 107,238	98,147	$ 89,761	$ 82,769
Adoption Impact
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit losses		3,789
Off-balance sheet credit exposure		1,703
Adoption Impact | RETAINED EARNINGS
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Shareholders' equity		1,647
Adoption Impact | Financing Receivable Credit Loss Impact
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred tax asset increase (decrease)		(796)
Adoption Impact | Financing Receivable Credit Loss Impact | RETAINED EARNINGS
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Shareholders' equity		2,993
Adoption Impact | Off Balance Sheet Credit Exposure Impact
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred tax asset increase (decrease)		357
Adoption Impact | Off Balance Sheet Credit Exposure Impact | RETAINED EARNINGS
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Shareholders' equity		$ (1,346)

OPERATIONS AND SUMMARY OF SIG_6

OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of Impact of CECL (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments	$ 11,446	$ 15,637	$ 14,176	$ 13,803
Off-balance sheet credit exposure	1,342	143
Total ACL	12,788	15,780
Adoption Impact
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		(3,789)
Off-balance sheet credit exposure		1,703
Total ACL		(2,086)
As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Off-balance sheet credit exposure		1,846
Total ACL		13,694
Commercial, financial, and agricultural
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments	3,379	1,914	1,946	1,936
Commercial, financial, and agricultural | Adoption Impact
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		2,656
Commercial, financial, and agricultural | As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		4,570
Real estate mortgage: | Residential
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments	1,200	5,061	4,701	4,460
Real estate mortgage: | Commercial
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments	3,352	6,110	5,336	3,635
Real estate mortgage: | Construction
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments	145	188	179	134
Real estate mortgage: | Adoption Impact | Residential
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		(3,893)
Real estate mortgage: | Adoption Impact | Commercial
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		(2,660)
Real estate mortgage: | Adoption Impact | Construction
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		(96)
Real estate mortgage: | As Reported | Residential
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		1,168
Real estate mortgage: | As Reported | Commercial
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		3,450
Real estate mortgage: | As Reported | Construction
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		92
Consumer automobile loans
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments	2,668	1,617	1,411	1,906
Consumer automobile loans | Adoption Impact
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		240
Consumer automobile loans | As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		1,857
Other consumer installment loans
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments	702	109	111	261
Other consumer installment loans | Adoption Impact
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		602
Other consumer installment loans | As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		711
Unallocated
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments	$ 0	638	$ 492	$ 1,471
Unallocated | Adoption Impact
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		(638)
Unallocated | As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ACL for unfunded commitments		$ 0

OPERATIONS AND SUMMARY OF SIG_7

OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Premises and Equipment, Goodwill, Intangible Assets, and Investments in Limited Partnerships (Details)	12 Months Ended
	Dec. 31, 2023 USD ($) partnership business	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Finite-Lived Intangible Assets [Line Items]
Goodwill impairment	$ 0	$ 653,000	$ 0
Limited Liability Companies (LLCs) and Limited Partnerships (LPs) [Abstract]
Number of partnerships held by entity | partnership	2
Investment in Low Income Housing Limited Partnerships	$ 7,815,000	8,656,000
Amortization of investment in low income housing limited partnerships	841,000	$ 519,000
Future equity contribution in low income housing limited partnerships	$ 3,873,000
Furniture, fixtures, and equipment | Minimum
PREMISES AND EQUIPMENT
Estimated useful lives (in years)	5 years
Furniture, fixtures, and equipment | Maximum
PREMISES AND EQUIPMENT
Estimated useful lives (in years)	10 years
Buildings and improvements | Minimum
PREMISES AND EQUIPMENT
Estimated useful lives (in years)	15 years
Buildings and improvements | Maximum
PREMISES AND EQUIPMENT
Estimated useful lives (in years)	40 years
Acquisition of Businesses Related to Investment Product Sales
Finite-Lived Intangible Assets [Line Items]
Intangible assets net	$ 210,000
Accumulated amortization	$ 810,000
Number of businesses acquired | business	2
Useful life (in years)	10 years

OPERATIONS AND SUMMARY OF SIG_8

OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - The M Group Products and Income Recognition (Details) - The M Group	12 Months Ended
	Dec. 31, 2023
The M Group products and income recognition
Term life insurance policies, term one (in years)	10 years
Term life insurance policies, term two (in years)	15 years
Term life insurance policies, term three (in years)	20 years
Term life insurance policies, term four (in years)	30 years
Term for which majority of the term life insurance policies are written (in years)	20 years

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Changes in Accumulated Other Comprehensive Income (Loss) by Component (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Increase (Decrease) in Shareholders' Equity
Beginning balance	$ 167,665	$ 172,274	$ 164,146
Other comprehensive income (loss) before reclassifications	4,539	(13,074)	176
Amounts reclassified from accumulated other comprehensive income (loss)	269	228	(406)
Total other comprehensive income (loss)	4,808	(12,846)	(230)
Ending balance	191,556	167,665	172,274
Total*
Increase (Decrease) in Shareholders' Equity
Beginning balance	(13,958)	(1,112)	(882)
Total other comprehensive income (loss)	4,808	(12,846)	(230)
Ending balance	(9,150)	(13,958)	(1,112)
Net Unrealized (Loss) Gain  on Available for Sale Securities*
Increase (Decrease) in Shareholders' Equity
Beginning balance	(9,819)	2,373	4,714
Other comprehensive income (loss) before reclassifications	3,271	(12,365)	(1,789)
Amounts reclassified from accumulated other comprehensive income (loss)	152	173	(552)
Total other comprehensive income (loss)	3,423	(12,192)	(2,341)
Ending balance	(6,396)	(9,819)	2,373
Defined Benefit  Plan*
Increase (Decrease) in Shareholders' Equity
Beginning balance	(4,139)	(3,485)	(5,596)
Other comprehensive income (loss) before reclassifications	1,268	(709)	1,965
Amounts reclassified from accumulated other comprehensive income (loss)	117	55	146
Total other comprehensive income (loss)	1,385	(654)	2,111
Ending balance	$ (2,754)	$ (4,139)	$ (3,485)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Reclassifications out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net debt securities (losses) gains, available for sale	$ (193)	$ (219)	$ 699
Net unrecognized pension expense	(5,617)	(5,202)	(4,811)
Income tax effect	(3,714)	(4,163)	(3,794)
Net Income	16,608	17,422	16,033
Amount Reclassified from Accumulated Other Comprehensive (Loss) Income | Net unrealized gain (loss) on available for sale securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net debt securities (losses) gains, available for sale	(193)	(219)	699
Income tax effect	41	46	(147)
Net Income	(152)	(173)	552
Amount Reclassified from Accumulated Other Comprehensive (Loss) Income | Defined benefit plan
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net unrecognized pension expense	(148)	(69)	(186)
Income tax effect	31	14	40
Net Income	$ (117)	$ (55)	$ (146)

PER SHARE DATA (Details)

PER SHARE DATA (Details) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Aug. 27, 2015
Earnings Per Share [Abstract]
Weighted average common shares issued (in shares)	7,622,675	7,559,306	7,542,043
Average treasury stock shares (in shares)	(510,225)	(499,869)	(480,225)
Weighted average common shares outstanding, basic (in shares)	7,112,450	7,059,437	7,061,818
Dilutive effect of outstanding stock options (in shares)	0	0	0
Weighted average common shares outstanding, diluted (in shares)	7,112,450	7,059,437	7,061,818
Options outstanding (in shares)	1,000,000	914,000	1,034,525	3,000
Share price (in dollars per share)	$ 25.55	$ 25.34	$ 27.23

INVESTMENT SECURITIES - Amortiz

INVESTMENT SECURITIES - Amortized Cost and Fair Values of Investment Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Available for sale (AFS):
Amortized Cost	$ 199,041
Gross Unrealized Gains	382
Gross Unrealized Losses	(8,478)
Fair Value	190,945	$ 193,673
Investment equity securities:
Amortized Cost	1,300	1,350
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(178)	(208)
Fair Value	1,122	1,142
U.S. Government and agency securities
Available for sale (AFS):
Amortized Cost	4,000	3,002
Gross Unrealized Gains	3	0
Gross Unrealized Losses	(60)	(106)
Fair Value	3,943	2,896
Mortgage-backed securities
Available for sale (AFS):
Amortized Cost	15,457	1,496
Gross Unrealized Gains	120	0
Gross Unrealized Losses	(222)	(214)
Fair Value	15,355	1,282
State and political securities
Available for sale (AFS):
Amortized Cost	120,740	151,426
Gross Unrealized Gains	162	157
Gross Unrealized Losses	(5,287)	(8,774)
Fair Value	115,615	142,809
Other debt securities
Available for sale (AFS):
Amortized Cost	58,844	50,178
Gross Unrealized Gains	97	58
Gross Unrealized Losses	(2,909)	(3,550)
Fair Value	56,032	46,686
Other equity securities
Investment equity securities:
Amortized Cost	1,300	1,350
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(178)	(208)
Fair Value	$ 1,122	1,142
Total debt securities
Available for sale (AFS):
Amortized Cost		206,102
Gross Unrealized Gains		215
Gross Unrealized Losses		(12,644)
Fair Value		$ 193,673

INVESTMENT SECURITIES - Gross U

INVESTMENT SECURITIES - Gross Unrealized Gains (Losses) and Fair Value by Investment Category and Length of Time (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
U.S. Government and agency securities
Investment securities
Fair value, less than twelve months	$ 0	$ 2,896
Gross unrealized losses, less than twelve months	0	(106)
Fair value, twelve months or greater	2,940	0
Gross unrealized losses, twelve months or greater	(60)	0
Fair value, total	2,940	2,896
Gross unrealized losses, total	(60)	(106)
Mortgage-backed securities
Investment securities
Fair value, less than twelve months	7,559	0
Gross unrealized losses, less than twelve months	(78)	0
Fair value, twelve months or greater	984	1,282
Gross unrealized losses, twelve months or greater	(144)	(214)
Fair value, total	8,543	1,282
Gross unrealized losses, total	(222)	(214)
State and political securities
Investment securities
Fair value, less than twelve months	6,051	95,444
Gross unrealized losses, less than twelve months	(128)	(4,797)
Fair value, twelve months or greater	99,405	36,283
Gross unrealized losses, twelve months or greater	(5,159)	(3,977)
Fair value, total	105,456	131,727
Gross unrealized losses, total	(5,287)	(8,774)
Other debt securities
Investment securities
Fair value, less than twelve months	12,976	16,896
Gross unrealized losses, less than twelve months	(218)	(664)
Fair value, twelve months or greater	35,449	25,144
Gross unrealized losses, twelve months or greater	(2,691)	(2,886)
Fair value, total	48,425	42,040
Gross unrealized losses, total	(2,909)	(3,550)
Total debt securities
Investment securities
Fair value, less than twelve months	26,586	115,236
Gross unrealized losses, less than twelve months	(424)	(5,567)
Fair value, twelve months or greater	138,778	62,709
Gross unrealized losses, twelve months or greater	(8,054)	(7,077)
Fair value, total	165,364	177,945
Gross unrealized losses, total	$ (8,478)	$ (12,644)

INVESTMENT SECURITIES - Narrati

INVESTMENT SECURITIES - Narrative (Details)	12 Months Ended
	Dec. 31, 2023 USD ($) security	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Investments, Debt and Equity Securities [Abstract]
Number of individual securities that were in a continuous unrealized loss position for less than twelve months | security	27
Number of individual securities that were in a continuous unrealized loss position for greater than twelve months | security	177
Gross proceeds from sales of securities	$ 24,702,000	$ 5,557,000	$ 17,947,000
Impairment charges	0	0	$ 0
Carrying value of investment securities pledged	107,800,000	154,946,000
Investment equity securities, at fair value	$ 1,122,000	$ 1,142,000

INVESTMENT SECURITIES - Amort_2

INVESTMENT SECURITIES - Amortized Cost and Fair Value of Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Amortized Cost
Due in one year or less	$ 37,991
Due after one year to five years	78,601
Due after five years to ten years	71,951
Due after ten years	10,498
Amortized Cost	199,041
Fair Value
Due in one year or less	37,305
Due after one year to five years	74,864
Due after five years to ten years	68,271
Due after ten years	10,505
Fair value - total	$ 190,945	$ 193,673

INVESTMENT SECURITIES - Realize

INVESTMENT SECURITIES - Realized Gains and Losses on Sales of Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Gross realized gains and losses
Debt securities, available-for-sale, gross realized gains	$ 146	$ 14	$ 731
Debt securities, available-for-sale, gross realized losses	339	233	32
U.S. Government and agency securities
Gross realized gains and losses
Debt securities, available-for-sale, gross realized gains	0	0	0
Debt securities, available-for-sale, gross realized losses	0	0	0
Mortgage-backed securities
Gross realized gains and losses
Debt securities, available-for-sale, gross realized gains	0	0	0
Debt securities, available-for-sale, gross realized losses	0	0	0
State and political securities
Gross realized gains and losses
Debt securities, available-for-sale, gross realized gains	146	14	408
Debt securities, available-for-sale, gross realized losses	339	233	32
Other debt securities
Gross realized gains and losses
Debt securities, available-for-sale, gross realized gains	0	0	323
Debt securities, available-for-sale, gross realized losses	$ 0	$ 0	$ 0

INVESTMENT SECURITIES - Unreali

INVESTMENT SECURITIES - Unrealized and Realized Gains and Losses Recognized in Net Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Equity Securities, FV-NI, Gain (Loss) [Abstract]
Net gain (loss) recognized in equity securities during the period	$ 15	$ (146)	$ (40)
Less: Net (loss) gain realized on the sale of equity securities during the period	(1)	0	0
Unrealized gain (loss) recognized in equity securities held at reporting date	$ 16	$ (146)	$ (40)

FEDERAL HOME LOAN BANK STOCK (D

FEDERAL HOME LOAN BANK STOCK (Details)	Dec. 31, 2023 $ / shares
Federal Home Loan Banks [Abstract]
FHLB stock (in dollars per share)	$ 100

LOAN CREDIT QUALITY AND RELAT_3

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Narrative (Details)	12 Months Ended
	Dec. 31, 2023 USD ($) category	Dec. 31, 2022 USD ($) loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-mixed use non-owner occupied office building exposure (less than)	$ 20,000,000
Interest income, non-accrual loans	117,000,000
Impaired financing receivable commitment to lend	$ 2,000
Period to classify TDR non performing loans to performing (in months)	6 months
Number of TDRs granted | loan		1
TDRs that subsequently defaulted	$ 0	$ 0
Loans considered modifications	$ 5,019,000	7,468,000
Number of categories, internal risk rating to monitor credit quality (in categories) | category	10
Number of categories considered not criticized and rated as Pass | category	6
Minimum period after which loans are considered as substandard (in days)	90 days
Average outstanding commercial portfolio percentage	59%
Total		1,639,083,000
Amount of foreclosed residential real estate held	$ 700,000	950,000
Consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process	$ 601,000	$ 890,000
Rate Concession
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of TDRs granted | loan		1
Amount of TDRs granted		$ 220,000
Other consumer installment loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		$ 10,361,000
Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of categories in which real estate loans are segmented | category	3

LOAN CREDIT QUALITY AND RELAT_4

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Aging Categories of Loans by Segment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Aging categories of loans by segment
Total	$ 1,838,716	$ 1,639,083
Net deferred loan fees and discounts	1,048	648
Allowance for credit losses	(11,446)	(15,637)	$ (14,176)	$ (13,803)
Loans, net	1,828,318	1,624,094
Past Due 30 To 89 Days
Aging categories of loans by segment
Total	16,553	10,882
Past Due 90 Days Or More
Aging categories of loans by segment
Past Due 90 Days Or More	3,148	4,890
Current
Aging categories of loans by segment
Total	1,819,015	1,623,311
Commercial, financial, and agricultural
Aging categories of loans by segment
Total	213,466	190,461
Allowance for credit losses	(3,379)	(1,914)	(1,946)	(1,936)
Commercial, financial, and agricultural | Past Due 30 To 89 Days
Aging categories of loans by segment
Total	749	94
Commercial, financial, and agricultural | Past Due 90 Days Or More
Aging categories of loans by segment
Past Due 90 Days Or More	587	432
Commercial, financial, and agricultural | Current
Aging categories of loans by segment
Total	212,130	189,935
Real estate mortgage: | Residential
Aging categories of loans by segment
Total	798,501	708,209
Allowance for credit losses	(1,200)	(5,061)	(4,701)	(4,460)
Real estate mortgage: | Residential | Past Due 30 To 89 Days
Aging categories of loans by segment
Total	10,158	5,472
Real estate mortgage: | Residential | Past Due 90 Days Or More
Aging categories of loans by segment
Past Due 90 Days Or More	1,970	1,644
Real estate mortgage: | Residential | Current
Aging categories of loans by segment
Total	786,373	701,093
Real estate mortgage: | Commercial
Aging categories of loans by segment
Total	531,601	500,632
Allowance for credit losses	(3,352)	(6,110)	(5,336)	(3,635)
Real estate mortgage: | Commercial | Past Due 30 To 89 Days
Aging categories of loans by segment
Total	1,466	2,564
Real estate mortgage: | Commercial | Past Due 90 Days Or More
Aging categories of loans by segment
Past Due 90 Days Or More	273	2,719
Real estate mortgage: | Commercial | Current
Aging categories of loans by segment
Total	529,862	495,349
Real estate mortgage: | Construction Loans
Aging categories of loans by segment
Total	40,389	43,308
Allowance for credit losses	(145)	(188)	(179)	(134)
Real estate mortgage: | Construction Loans | Past Due 30 To 89 Days
Aging categories of loans by segment
Total	812	511
Real estate mortgage: | Construction Loans | Past Due 90 Days Or More
Aging categories of loans by segment
Past Due 90 Days Or More	0	0
Real estate mortgage: | Construction Loans | Current
Aging categories of loans by segment
Total	39,577	42,797
Consumer automobile loans
Aging categories of loans by segment
Total	244,398	186,112
Allowance for credit losses	(2,668)	(1,617)	(1,411)	(1,906)
Consumer automobile loans | Past Due 30 To 89 Days
Aging categories of loans by segment
Total	2,748	2,089
Consumer automobile loans | Past Due 90 Days Or More
Aging categories of loans by segment
Past Due 90 Days Or More	307	80
Consumer automobile loans | Current
Aging categories of loans by segment
Total	241,343	183,943
Other consumer installment loans
Aging categories of loans by segment
Total	10,361	10,361
Allowance for credit losses	(702)	(109)	$ (111)	$ (261)
Other consumer installment loans | Past Due 30 To 89 Days
Aging categories of loans by segment
Total	620	152
Other consumer installment loans | Past Due 90 Days Or More
Aging categories of loans by segment
Past Due 90 Days Or More	11	15
Other consumer installment loans | Current
Aging categories of loans by segment
Total	$ 9,730	$ 10,194

LOAN CREDIT QUALITY AND RELAT_5

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Components of ACL (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Receivables [Abstract]
ACL for unfunded commitments	$ 11,446	$ 15,637	$ 14,176	$ 13,803
Off-balance sheet credit exposure	1,342	143
Total ACL	$ 12,788	$ 15,780

LOAN CREDIT QUALITY AND RELAT_6

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Schedule of Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Activity in the allowance
With a Related ACL	$ 21
Without a Related ACL	977
Total Non-accrual loans	998	$ 3,615
Commercial, financial, and agricultural
Activity in the allowance
With a Related ACL	0
Without a Related ACL	504
Total Non-accrual loans	504	432
Real estate mortgage: | Residential
Activity in the allowance
With a Related ACL	21
Without a Related ACL	259
Total Non-accrual loans	280	524
Real estate mortgage: | Commercial
Activity in the allowance
With a Related ACL	0
Without a Related ACL	214
Total Non-accrual loans	214	2,659
Real estate mortgage: | Construction
Activity in the allowance
With a Related ACL	0
Without a Related ACL	0
Total Non-accrual loans	0	0
Consumer automobile loans
Activity in the allowance
With a Related ACL	0
Without a Related ACL	0
Total Non-accrual loans	0	0
Other consumer installment loans
Activity in the allowance
With a Related ACL	0
Without a Related ACL	0
Total Non-accrual loans	$ 0	$ 0

LOAN CREDIT QUALITY AND RELAT_7

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Recorded Investment, Unpaid Principal Balance, Related Allowance of Impaired Loans (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Credit Quality and Related Allowance for Loan Losses
Recorded investment, with no related allowance recorded	$ 6,271
Recorded investment, with an allowance recorded	4,962
Recorded Investment	11,233
Unpaid principal balance, with no related allowance recorded	6,271
Unpaid principal balance, with an allowance recorded	4,943
Unpaid Principal Balance	11,214
Related Allowance	961
Commercial, financial, and agricultural
Credit Quality and Related Allowance for Loan Losses
Recorded investment, with no related allowance recorded	295
Recorded investment, with an allowance recorded	403
Recorded Investment	698
Unpaid principal balance, with no related allowance recorded	295
Unpaid principal balance, with an allowance recorded	403
Unpaid Principal Balance	698
Related Allowance	4
Real estate mortgage: | Residential
Credit Quality and Related Allowance for Loan Losses
Recorded investment, with no related allowance recorded	3,388
Recorded investment, with an allowance recorded	933
Recorded Investment	4,321
Unpaid principal balance, with no related allowance recorded	3,388
Unpaid principal balance, with an allowance recorded	933
Unpaid Principal Balance	4,321
Related Allowance	111
Real estate mortgage: | Commercial
Credit Quality and Related Allowance for Loan Losses
Recorded investment, with no related allowance recorded	2,588
Recorded investment, with an allowance recorded	3,607
Recorded Investment	6,195
Unpaid principal balance, with no related allowance recorded	2,588
Unpaid principal balance, with an allowance recorded	3,607
Unpaid Principal Balance	6,195
Related Allowance	827
Real estate mortgage: | Construction
Credit Quality and Related Allowance for Loan Losses
Recorded investment, with no related allowance recorded	0
Recorded investment, with an allowance recorded	0
Recorded Investment	0
Unpaid principal balance, with no related allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Unpaid Principal Balance	0
Related Allowance	0
Consumer automobile loans
Credit Quality and Related Allowance for Loan Losses
Recorded investment, with no related allowance recorded	0
Recorded investment, with an allowance recorded	0
Recorded Investment	0
Unpaid principal balance, with no related allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Unpaid Principal Balance	0
Related Allowance	0
Installment loans to individuals
Credit Quality and Related Allowance for Loan Losses
Recorded investment, with no related allowance recorded	0
Recorded investment, with an allowance recorded	19
Recorded Investment	19
Unpaid principal balance, with no related allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Unpaid Principal Balance	0
Related Allowance	$ 19

LOAN CREDIT QUALITY AND RELAT_8

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Average Recorded Investment - Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	$ 12,727	$ 16,495
Interest Income Recognized on an Accrual Basis on Impaired Loans	415	312
Interest Income Recognized on a Cash Basis on Impaired Loans	29	0
Commercial, financial, and agricultural
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	765	1,345
Interest Income Recognized on an Accrual Basis on Impaired Loans	20	13
Interest Income Recognized on a Cash Basis on Impaired Loans	0	0
Real estate mortgage: | Residential
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	4,676	5,530
Interest Income Recognized on an Accrual Basis on Impaired Loans	192	174
Interest Income Recognized on a Cash Basis on Impaired Loans	3	0
Real estate mortgage: | Commercial
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	7,233	9,462
Interest Income Recognized on an Accrual Basis on Impaired Loans	201	122
Interest Income Recognized on a Cash Basis on Impaired Loans	26	0
Real estate mortgage: | Construction
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	34	116
Interest Income Recognized on an Accrual Basis on Impaired Loans	1	2
Interest Income Recognized on a Cash Basis on Impaired Loans	0	0
Consumer automobile loans
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	3	30
Interest Income Recognized on an Accrual Basis on Impaired Loans	1	0
Interest Income Recognized on a Cash Basis on Impaired Loans	0	0
Other consumer installment loans
Credit Quality and Related Allowance for Loan Losses
Average Investment in Impaired Loans	16	12
Interest Income Recognized on an Accrual Basis on Impaired Loans	0	1
Interest Income Recognized on a Cash Basis on Impaired Loans	$ 0	$ 0

LOAN CREDIT QUALITY AND RELAT_9

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Schedule of collateral dependent loans (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Activity in the allowance
Collateral dependent loans	$ 1,621
Real estate mortgage: | Residential
Activity in the allowance
Collateral dependent loans	1,533
Real estate mortgage: | Commercial
Activity in the allowance
Collateral dependent loans	88
Real Estate
Activity in the allowance
Collateral dependent loans	1,621
Real Estate | Real estate mortgage: | Residential
Activity in the allowance
Collateral dependent loans	1,533
Real Estate | Real estate mortgage: | Commercial
Activity in the allowance
Collateral dependent loans	88
Uncollateralized
Activity in the allowance
Collateral dependent loans	0
Uncollateralized | Real estate mortgage: | Residential
Activity in the allowance
Collateral dependent loans	0
Uncollateralized | Real estate mortgage: | Commercial
Activity in the allowance
Collateral dependent loans	$ 0

LOAN CREDIT QUALITY AND RELA_10

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Loan Modifications (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) contract	Dec. 31, 2021 USD ($) contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | contract	1	6
Pre-Modification Outstanding Recorded Investment	$ 220	$ 3,056
Post-Modification Outstanding Recorded Investment	$ 220	$ 3,056
Commercial, financial, and agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | contract	0	1
Pre-Modification Outstanding Recorded Investment	$ 0	$ 949
Post-Modification Outstanding Recorded Investment	$ 0	$ 949
Real estate mortgage: | Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | contract	1	3
Pre-Modification Outstanding Recorded Investment	$ 220	$ 1,265
Post-Modification Outstanding Recorded Investment	$ 220	$ 1,265
Real estate mortgage: | Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | contract	0	2
Pre-Modification Outstanding Recorded Investment	$ 0	$ 842
Post-Modification Outstanding Recorded Investment	$ 0	$ 842
Real estate mortgage: | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | contract	0	0
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0
Other consumer installment loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Contracts | contract	0	0
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0

LOAN CREDIT QUALITY AND RELA_11

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Credit Quality Indicators (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 1,838,716	$ 1,639,083
Current period gross write offs
Total	1,231	849	$ 729
Total		1,639,083
Pass
Current period gross write offs
Total		1,618,973
Special Mention
Current period gross write offs
Total		4,917
Substandard or Lower
Current period gross write offs
Total		15,193
Commercial, financial, and agricultural
Financing Receivable, Credit Quality Indicator [Line Items]
2023	31,190
2022	49,798
2021	35,938
2020	32,084
2019	3,123
Prior	30,382
Revolving Loans	30,107
Revolving Loans Converted to Term	844
Total	213,466	190,461
Current period gross write offs
2023	0
2022	41
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	41	21	37
Total		190,461
Commercial, financial, and agricultural | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023	31,190
2022	49,615
2021	35,901
2020	31,980
2019	3,123
Prior	29,502
Revolving Loans	29,397
Revolving Loans Converted to Term	101
Total	210,809
Current period gross write offs
Total		184,783
Commercial, financial, and agricultural | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	183
2021	37
2020	19
2019	0
Prior	138
Revolving Loans	223
Revolving Loans Converted to Term	0
Total	600
Current period gross write offs
Total		125
Commercial, financial, and agricultural | Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	0
2021	0
2020	85
2019	0
Prior	742
Revolving Loans	487
Revolving Loans Converted to Term	743
Total	2,057
Current period gross write offs
Total		5,553
Consumer automobile
Financing Receivable, Credit Quality Indicator [Line Items]
2023	119,922
2022	78,443
2021	19,567
2020	15,348
2019	7,305
Prior	3,813
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	244,398	186,112
Current period gross write offs
2023	30
2022	320
2021	178
2020	113
2019	8
Prior	17
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	666	386	286
Total		186,112
Consumer automobile | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023	119,922
2022	78,443
2021	19,567
2020	15,348
2019	7,305
Prior	3,813
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	244,398
Current period gross write offs
Total		186,112
Consumer automobile | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	0
Current period gross write offs
Total		0
Consumer automobile | Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	0
Current period gross write offs
Total		0
Other consumer installment loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2,952
2022	2,188
2021	1,177
2020	524
2019	407
Prior	3,071
Revolving Loans	0
Revolving Loans Converted to Term	42
Total	10,361	10,361
Current period gross write offs
2023	232
2022	47
2021	23
2020	8
2019	12
Prior	34
Revolving Loans	13
Revolving Loans Converted to Term	11
Total	380	267	173
Total		10,361
Other consumer installment loans | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2,952
2022	2,188
2021	1,177
2020	524
2019	407
Prior	3,071
Revolving Loans	0
Revolving Loans Converted to Term	42
Total	10,361
Current period gross write offs
Total		10,361
Other consumer installment loans | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	0
Current period gross write offs
Total		0
Other consumer installment loans | Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	0
Current period gross write offs
Total		0
Residential | Real estate mortgage:
Financing Receivable, Credit Quality Indicator [Line Items]
2023	135,939
2022	134,921
2021	89,117
2020	51,378
2019	33,914
Prior	150,592
Revolving Loans	56,519
Revolving Loans Converted to Term	146,121
Total	798,501	708,209
Current period gross write offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	9
Revolving Loans	73
Revolving Loans Converted to Term	0
Total	82	21	219
Total		708,209
Residential | Real estate mortgage: | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023	135,939
2022	134,077
2021	88,844
2020	51,378
2019	33,914
Prior	148,802
Revolving Loans	56,519
Revolving Loans Converted to Term	146,055
Total	795,528
Current period gross write offs
Total		705,515
Residential | Real estate mortgage: | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	844
2021	273
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	1,117
Current period gross write offs
Total		266
Residential | Real estate mortgage: | Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	1,790
Revolving Loans	0
Revolving Loans Converted to Term	66
Total	1,856
Current period gross write offs
Total		2,428
Commercial | Real estate mortgage:
Financing Receivable, Credit Quality Indicator [Line Items]
2023	55,664
2022	107,791
2021	131,084
2020	49,603
2019	24,163
Prior	150,137
Revolving Loans	12,338
Revolving Loans Converted to Term	821
Total	531,601	500,632
Current period gross write offs
2023	59
2022	0
2021	0
2020	0
2019	0
Prior	3
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	62	154	14
Total		500,632
Commercial | Real estate mortgage: | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023	55,664
2022	107,638
2021	128,094
2020	49,603
2019	24,104
Prior	144,377
Revolving Loans	12,338
Revolving Loans Converted to Term	821
Total	522,639
Current period gross write offs
Total		488,993
Commercial | Real estate mortgage: | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	153
2021	2,990
2020	0
2019	0
Prior	1,891
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	5,034
Current period gross write offs
Total		4,526
Commercial | Real estate mortgage: | Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	59
Prior	3,869
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	3,928
Current period gross write offs
Total		7,113
Construction | Real estate mortgage:
Financing Receivable, Credit Quality Indicator [Line Items]
2023	25,494
2022	6,837
2021	1,742
2020	1,302
2019	392
Prior	4,361
Revolving Loans	261
Revolving Loans Converted to Term	0
Total	40,389	43,308
Current period gross write offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	0	0	$ 0
Total		43,308
Construction | Real estate mortgage: | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023	25,494
2022	6,837
2021	1,742
2020	1,302
2019	392
Prior	4,272
Revolving Loans	261
Revolving Loans Converted to Term	0
Total	40,300
Current period gross write offs
Total		43,209
Construction | Real estate mortgage: | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	0
Current period gross write offs
Total		0
Construction | Real estate mortgage: | Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	89
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	$ 89
Current period gross write offs
Total		$ 99

LOAN CREDIT QUALITY AND RELA_12

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Allowance for Credit Losses on Financing Receivables (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Changes in allowance
Beginning Balance	$ 15,637	$ 14,176	$ 13,803
Charge-offs	(1,231)	(849)	(729)
Recoveries	1,756	400	462
Provision	(927)	1,910	640
Ending Balance	11,446	15,637	14,176
Adoption Impact
Changes in allowance
Beginning Balance	(3,789)
Ending Balance		(3,789)
Commercial, financial, and agricultural
Changes in allowance
Beginning Balance	1,914	1,946	1,936
Charge-offs	(41)	(21)	(37)
Recoveries	1,538	186	27
Provision	(2,688)	(197)	20
Ending Balance	3,379	1,914	1,946
Commercial, financial, and agricultural | Adoption Impact
Changes in allowance
Beginning Balance	2,656
Ending Balance		2,656
Real estate mortgage: | Residential
Changes in allowance
Beginning Balance	5,061	4,701	4,460
Charge-offs	(82)	(21)	(219)
Recoveries	29	47	112
Provision	85	334	348
Ending Balance	1,200	5,061	4,701
Real estate mortgage: | Residential | Adoption Impact
Changes in allowance
Beginning Balance	(3,893)
Ending Balance		(3,893)
Real estate mortgage: | Commercial
Changes in allowance
Beginning Balance	6,110	5,336	3,635
Charge-offs	(62)	(154)	(14)
Recoveries	26	4	109
Provision	(62)	924	1,606
Ending Balance	3,352	6,110	5,336
Real estate mortgage: | Commercial | Adoption Impact
Changes in allowance
Beginning Balance	(2,660)
Ending Balance		(2,660)
Real estate mortgage: | Construction
Changes in allowance
Beginning Balance	188	179	134
Charge-offs	0	0	0
Recoveries	0	29	10
Provision	53	(20)	35
Ending Balance	145	188	179
Real estate mortgage: | Construction | Adoption Impact
Changes in allowance
Beginning Balance	(96)
Ending Balance		(96)
Consumer automobile loans
Changes in allowance
Beginning Balance	1,617	1,411	1,906
Charge-offs	(666)	(386)	(286)
Recoveries	79	58	143
Provision	1,398	534	(352)
Ending Balance	2,668	1,617	1,411
Consumer automobile loans | Adoption Impact
Changes in allowance
Beginning Balance	240
Ending Balance		240
Other consumer installment loans
Changes in allowance
Beginning Balance	109	111	261
Charge-offs	(380)	(267)	(173)
Recoveries	84	76	61
Provision	287	189	(38)
Ending Balance	702	109	111
Other consumer installment loans | Adoption Impact
Changes in allowance
Beginning Balance	602
Ending Balance		602
Unallocated
Changes in allowance
Beginning Balance	638	492	1,471
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	0	146	(979)
Ending Balance	0	638	$ 492
Unallocated | Adoption Impact
Changes in allowance
Beginning Balance	$ (638)
Ending Balance		$ (638)

LOAN CREDIT QUALITY AND RELA_13

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Schedule of Concentration Risk (Details) - Owners of rental properties - Financing receivable	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Residential
Concentration Risk [Line Items]
Concentration of loans (as a percent)	18.74%	19.67%
Commercial
Concentration Risk [Line Items]
Concentration of loans (as a percent)	14.65%	15.63%

LOAN CREDIT QUALITY AND RELA_14

LOAN CREDIT QUALITY AND RELATED ALLOWANCE FOR CREDIT LOSSES - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Ending allowance balance attributable to loans:
Individually evaluated for impairment		$ 961
Collectively evaluated for impairment		14,676
Total ending allowance balance	$ 11,446	15,637	$ 14,176	$ 13,803
Loans:
Individually evaluated for impairment		11,233
Collectively evaluated for impairment		1,627,850
Total	1,838,716	1,639,083
Commercial, financial, and agricultural
Ending allowance balance attributable to loans:
Individually evaluated for impairment		4
Collectively evaluated for impairment		1,910
Total ending allowance balance	3,379	1,914	1,946	1,936
Loans:
Individually evaluated for impairment		698
Collectively evaluated for impairment		189,763
Total	213,466	190,461
Real estate mortgage: | Residential
Ending allowance balance attributable to loans:
Individually evaluated for impairment		111
Collectively evaluated for impairment		4,950
Total ending allowance balance	1,200	5,061	4,701	4,460
Loans:
Individually evaluated for impairment		4,321
Collectively evaluated for impairment		703,888
Total	798,501	708,209
Real estate mortgage: | Commercial
Ending allowance balance attributable to loans:
Individually evaluated for impairment		827
Collectively evaluated for impairment		5,283
Total ending allowance balance	3,352	6,110	5,336	3,635
Loans:
Individually evaluated for impairment		6,195
Collectively evaluated for impairment		494,437
Total	531,601	500,632
Real estate mortgage: | Construction
Ending allowance balance attributable to loans:
Individually evaluated for impairment		0
Collectively evaluated for impairment		188
Total ending allowance balance	145	188	179	134
Loans:
Individually evaluated for impairment		0
Collectively evaluated for impairment		43,308
Total	40,389	43,308
Consumer automobile loans
Ending allowance balance attributable to loans:
Individually evaluated for impairment		0
Collectively evaluated for impairment		1,617
Total ending allowance balance	2,668	1,617	1,411	1,906
Loans:
Individually evaluated for impairment		0
Collectively evaluated for impairment		186,112
Total	244,398	186,112
Other consumer installment loans
Ending allowance balance attributable to loans:
Individually evaluated for impairment		19
Collectively evaluated for impairment		90
Total ending allowance balance	702	109	111	261
Loans:
Individually evaluated for impairment		19
Collectively evaluated for impairment		10,342
Total	10,361	10,361
Unallocated
Ending allowance balance attributable to loans:
Individually evaluated for impairment		0
Collectively evaluated for impairment		638
Total ending allowance balance	$ 0	$ 638	$ 492	$ 1,471

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
PREMISES AND EQUIPMENT
Finance lease right-of-use assets	$ 6,576	$ 7,006
Total	52,680	52,989
Less accumulated depreciation and amortization	22,430	21,145
Net premises and equipment	30,250	31,844
Depreciation and amortization	1,990	2,107	$ 2,436
Land
PREMISES AND EQUIPMENT
Premises and equipment, gross	6,595	6,680
Premises
PREMISES AND EQUIPMENT
Premises and equipment, gross	22,129	22,571
Furniture and equipment
PREMISES AND EQUIPMENT
Premises and equipment, gross	13,223	12,732
Leasehold improvements
PREMISES AND EQUIPMENT
Premises and equipment, gross	$ 4,157	$ 4,000

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLES - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	$ 17,380,000	$ 17,380,000
Accumulated amortization	277,000	277,000
Goodwill impairment	0	653,000	$ 0
Goodwill	16,450,000	$ 16,450,000
Book of Business Intangible
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	210,000
Accumulated amortization	$ 810,000

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLES - Future Amortization Expense (Details) - Book of Business Intangible $ in Thousands	Dec. 31, 2023 USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2024	$ 102
2025	102
2026	6
Total	$ 210

DEPOSITS - Maturities (Details)

DEPOSITS - Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Nonmonetary Transactions [Abstract]
Time deposits of $250,000 or more	$ 50,722	$ 31,501
Total time deposit maturities
2024	266,948
2025	100,566
2026	11,228
2027	4,443
2028	1,050
Thereafter	557
Total	$ 384,792

DEPOSITS - Summary of Deposits

DEPOSITS - Summary of Deposits by Type (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Nonmonetary Transactions [Abstract]
Noninterest-bearing	$ 471,173	$ 519,063
Savings	219,287	247,952
Super Now	214,888	372,574
Money Market	299,353	270,589
Time	260,067	137,949
Brokered Time Deposits	124,725	8,333
Total deposits	$ 1,589,493	$ 1,556,460

SHORT-TERM BORROWINGS - Schedul

SHORT-TERM BORROWINGS - Schedule of Short-term borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
SHORT-TERM BORROWINGS
Balance at year end	$ 145,926	$ 153,349
Line of Credit
SHORT-TERM BORROWINGS
Additional lines of credit available from correspondent banks other than the FHLB	100,000
Repurchase Agreements
SHORT-TERM BORROWINGS
Balance at year end	3,631	5,153
Maximum amount outstanding at any month end	5,153	6,634
Average balance outstanding during the year	$ 4,110	$ 5,216
Weighted-average interest rate: At year end (as a percent)	0.45%	0.29%
Weighted-average interest rate: Paid during the year (as a percent)	0.57%	0.16%
Overnight
SHORT-TERM BORROWINGS
Balance at year end	$ 92,295	$ 148,196
Maximum amount outstanding at any month end	178,010	148,196
Average balance outstanding during the year	$ 126,742	$ 24,099
Weighted-average interest rate: At year end (as a percent)	5.68%	4.45%
Weighted-average interest rate: Paid during the year (as a percent)	5.45%	4.14%
Short-Term
SHORT-TERM BORROWINGS
Balance at year end	$ 50,000	$ 0
Maximum amount outstanding at any month end	50,000	0
Average balance outstanding during the year	$ 26,288	$ 0
Weighted-average interest rate: At year end (as a percent)	5.62%	0%
Weighted-average interest rate: Paid during the year (as a percent)	5.59%	0%

SHORT-TERM BORROWINGS - Contrac

SHORT-TERM BORROWINGS - Contractual Maturity of Repurchase Agreements (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Remaining Contractual Maturity of the Agreements
Short-term borrowings	$ 145,926	$ 153,349
Repurchase Agreements
Remaining Contractual Maturity of the Agreements
Short-term borrowings	3,631	5,153
Overnight and Continuous
Remaining Contractual Maturity of the Agreements
Securities borrowed, gross including not subject to master netting arrangement	7,976	7,165
Overnight and Continuous | State and political securities
Remaining Contractual Maturity of the Agreements
Securities borrowed, gross including not subject to master netting arrangement	7,976	6,193
Overnight and Continuous | Other debt securities
Remaining Contractual Maturity of the Agreements
Securities borrowed, gross including not subject to master netting arrangement	$ 0	$ 972

LONG-TERM BORROWINGS - Long-ter

LONG-TERM BORROWINGS - Long-term Borrowings with FHLB by Contractual Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
LONG-TERM BORROWINGS
Long-term borrowings	$ 245,000	$ 95,000
Outstanding amount of long-term borrowings with the FHLB by contractual maturities
2024	40,000
2025	95,000
2026	15,000
2027	40,000
2028	55,000
Total	$ 245,000
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
2024 (as a percent)	2.24%
2025 (as a percent)	3.97%
2026 (as a percent)	4.54%
2027 (as percent)	4.30%
2028 (as a percent)	3.94%
Fixed
LONG-TERM BORROWINGS
Long-term borrowings	$ 245,000	95,000
Fixed | 2023
LONG-TERM BORROWINGS
Long-term borrowings	0	25,000
Fixed | 2024
LONG-TERM BORROWINGS
Long-term borrowings	40,000	40,000
Fixed | 2025
LONG-TERM BORROWINGS
Long-term borrowings	95,000	30,000
Fixed | 2026
LONG-TERM BORROWINGS
Long-term borrowings	15,000	0
Fixed | 2027
LONG-TERM BORROWINGS
Long-term borrowings	40,000	0
Fixed | 2028
LONG-TERM BORROWINGS
Long-term borrowings	$ 55,000	$ 0
Weighted Average
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	3.77%	2.14%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	3.77%	2.14%
Weighted Average | Fixed
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	3.77%	2.14%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	3.77%	2.14%
Weighted Average | Fixed | 2023
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	0%	2.60%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	0%	2.60%
Weighted Average | Fixed | 2024
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	2.24%	2.24%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	2.24%	2.24%
Weighted Average | Fixed | 2025
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	3.97%	1.62%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	3.97%	1.62%
Weighted Average | Fixed | 2026
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	4.54%	0%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	4.54%	0%
Weighted Average | Fixed | 2027
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	4.30%	0%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	4.30%	0%
Weighted Average | Fixed | 2028
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	3.94%	0%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	3.94%	0%
Minimum | Fixed | 2023
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	1.84%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	1.84%
Minimum | Fixed | 2024
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	1.50%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	1.50%
Minimum | Fixed | 2025
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	1.14%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	1.14%
Minimum | Fixed | 2026
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	4.31%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	4.31%
Minimum | Fixed | 2027
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	4.05%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	4.05%
Minimum | Fixed | 2028
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	3.76%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	3.76%
Maximum | Fixed | 2023
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	3.10%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	3.10%
Maximum | Fixed | 2024
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	2.96%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	2.96%
Maximum | Fixed | 2025
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	5.48%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	5.48%
Maximum | Fixed | 2026
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	5.01%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	5.01%
Maximum | Fixed | 2027
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	4.88%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	4.88%
Maximum | Fixed | 2028
LONG-TERM BORROWINGS
Long-term borrowings with the FHLB, interest rate	4.45%
Weighted-Average Rate of outstanding long-term borrowings with the FHLB by contractual maturities
Weighted average rate	4.45%

LONG-TERM BORROWINGS - Narrativ

LONG-TERM BORROWINGS - Narrative (Details) - Revolving line of credit with the FHLB $ in Thousands	Dec. 31, 2023 USD ($)
Jersey Shore State Bank
LONG-TERM BORROWINGS
Remaining borrowing capacity	$ 274,524
Outstanding letters of credit	200
Luzerne National Bank Corporation
LONG-TERM BORROWINGS
Remaining borrowing capacity	188,554
Outstanding letters of credit	$ 0

INCOME TAXES - Schedule of Defe

INCOME TAXES - Schedule of Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Allowance for loan losses	$ 2,685	$ 3,314
Deferred compensation	1,838	1,788
Lease liability	2,317	2,203
Fair value adjustment on equity securities	37	40
Unrealized loss on available for sale securities	1,700	2,610
Non-qualified Stock Options	668	883
Capital loss carryforward	380	380
Other	174	202
Total deferred tax assets	9,799	11,420
Deferred tax liabilities:
Lease right of use asset	2,090	2,028
Defined pension	1,359	914
Investment security accretion	311	177
Deferred loan fees and discounts	218	135
Depreciation	356	481
Amortization	430	437
Valuation allowance	380	380
Total deferred tax liabilities	5,144	4,552
Deferred tax asset, net	$ 4,655	$ 6,868

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - Capital Loss Carryforward - USD ($) $ in Thousands	1 Months Ended
	Oct. 31, 2022	Dec. 31, 2021
Tax Credit Carryforward [Line Items]
Tax credit carryforward	$ 1,810	$ 1,003
Tax credit carryforward, increase	$ 807

INCOME TAXES - Schedule of Comp

INCOME TAXES - Schedule of Components of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Provision or benefit for income taxes
Currently payable	$ 2,779	$ 4,671	$ 4,153
Deferred expense (benefit)	935	(508)	(359)
Total provision	$ 3,714	$ 4,163	$ 3,794

INCOME TAXES - Schedule of Effe

INCOME TAXES - Schedule of Effective Income Tax Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Effective Income Tax Rate Reconciliation, Amount:
Provision at expected rate	$ 4,268	$ 4,532	$ 4,167
(Decrease) increase in tax resulting from:
Tax-exempt income	(548)	(516)	(520)
Other, net	(6)	147	147
Total provision	$ 3,714	$ 4,163	$ 3,794
Effective Income Tax Rate Reconciliation, Percent:
Provision at expected rate (as a percent)	21%	21%	21%
(Decrease) increase in tax resulting from:
Tax-exempt income (as a percent)	(2.70%)	(2.39%)	(2.62%)
Other, net (as a percent)	(0.03%)	0.68%	0.74%
Effective income tax provision (benefit) and rate (as a percent)	18.27%	19.29%	19.12%

EMPLOYEE BENEFIT PLANS - Narrat

EMPLOYEE BENEFIT PLANS - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) age	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Number of consecutive years of service and average annual compensation on which benefits are based (in years)	5 years
Period of employment considered for benefit payments (in years)	10 years
Accumulated benefit obligation	$ 16,858	$ 16,544
Vesting period regarding employer contribution (in years)	5 years
Period for which the company will make payments under the Deferred Compensation Plan (in years)	10 years
Threshold age of employees under the plan for company to make payments | age	65
Expenses incurred related to the plan	$ 656	588	$ 463
Benefits paid under the plan	$ 545	267	57
Equity
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Target allocation (as a percent)	62%
Fixed income securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Target allocation (as a percent)	15%
Inflation Hedges/Real Assets
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Target allocation (as a percent)	10%
Hedged Strategies
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Target allocation (as a percent)	10%
Cash
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Target allocation (as a percent)	3%
401(k) Savings Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Contribution expense	$ 540	$ 548	$ 500

EMPLOYEE BENEFIT PLANS - Obliga

EMPLOYEE BENEFIT PLANS - Obligation and Funded Status (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Change in benefit obligation:
Benefit obligation at beginning of year	$ 16,544	$ 21,923
Interest cost	792	553	$ 509
Actuarial loss (gain)	113	(209)
Benefits paid	(916)	(904)
Change in actuarial assumptions	325	(4,819)
Benefit obligation at end of year	16,858	16,544	21,923
Change in plan assets:
Fair value of plan assets at beginning of year	20,894	26,073
Actual return on plan assets	3,351	(4,272)
Benefits paid	(916)	(904)
Adjustment to fair value of plan assets	0	(3)
Fair value of plan assets at end of year	23,329	20,894	$ 26,073
Funded status	6,471	4,350
Accounts recognized on balance sheet as:
Total assets	6,471	4,350
Amounts recognized in accumulated other comprehensive income (loss) consist of:
Net loss	$ 3,486	$ 5,240

EMPLOYEE BENEFIT PLANS - Net Pe

EMPLOYEE BENEFIT PLANS - Net Periodic Costs and Other Amounts Recognized (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net periodic pension cost:
Interest cost	$ 792	$ 553	$ 509
Expected return on plan assets	(1,306)	(1,652)	(1,542)
Amortization of unrecognized net loss	148	69	186
Net periodic (benefit) cost	$ (366)	$ (1,030)	$ (847)
Defined Benefit Plan Net Periodic Benefit Cost Credit Interest Cost Statement Of Income Or Comprehensive Extensible List Not Disclosed Flag	Interest cost
Defined Benefit Plan Net Periodic Benefit Cost Credit Expected Return Loss Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag	Expected return on plan assets
Defined Benefit Plan Net Periodic Benefit Cost Credit Amortization Of Gain Loss Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag	Amortization of unrecognized net loss

EMPLOYEE BENEFIT PLANS - Assump

EMPLOYEE BENEFIT PLANS - Assumptions (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate (as a percent)	4.73%	4.93%	2.61%
Weighted-average assumptions used to determine net periodic cost
Discount rate (as a percent)	4.93%	2.61%	2.24%
Expected long-term return on plan assets (as a percent)	7%	7%	7%

EMPLOYEE BENEFIT PLANS - Weight

EMPLOYEE BENEFIT PLANS - Weighted Average Asset Allocations (Details)	Dec. 31, 2023	Dec. 31, 2022
Plan's asset allocations by asset category
Weighted-average asset allocations by asset category (as a percent)	100%	100%
Cash
Plan's asset allocations by asset category
Weighted-average asset allocations by asset category (as a percent)	3.91%	4.84%
Fixed income securities
Plan's asset allocations by asset category
Weighted-average asset allocations by asset category (as a percent)	14.34%	15.05%
Equity
Plan's asset allocations by asset category
Weighted-average asset allocations by asset category (as a percent)	70.96%	66.36%
Inflation Hedges/Real Assets
Plan's asset allocations by asset category
Weighted-average asset allocations by asset category (as a percent)	5.38%	3.92%
Hedged Strategies
Plan's asset allocations by asset category
Weighted-average asset allocations by asset category (as a percent)	5.41%	9.83%

EMPLOYEE BENEFIT PLANS - Fair V

EMPLOYEE BENEFIT PLANS - Fair Value Hierarchy (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	$ 23,329	$ 20,894	$ 26,073
Level I
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	23,329	20,894
Level II
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Level III
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	913	1,012
Cash and cash equivalents | Level I
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	913	1,012
Cash and cash equivalents | Level II
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Cash and cash equivalents | Level III
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Mutual funds - taxable fixed income
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	3,346	3,144
Mutual funds - taxable fixed income | Level I
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	3,346	3,144
Mutual funds - taxable fixed income | Level II
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Mutual funds - taxable fixed income | Level III
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Mutual funds - domestic equity
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	11,606	8,393
Mutual funds - domestic equity | Level I
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	11,606	8,393
Mutual funds - domestic equity | Level II
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Mutual funds - domestic equity | Level III
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Mutual funds - international equity
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	4,947	5,472
Mutual funds - international equity | Level I
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	4,947	5,472
Mutual funds - international equity | Level II
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Mutual funds - international equity | Level III
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Inflation Hedges/Real Assets
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	1,255	819
Inflation Hedges/Real Assets | Level I
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	1,255	819
Inflation Hedges/Real Assets | Level II
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Inflation Hedges/Real Assets | Level III
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Hedged Strategies
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	1,262	2,054
Hedged Strategies | Level I
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	1,262	2,054
Hedged Strategies | Level II
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	0	0
Hedged Strategies | Level III
Defined Benefit Plan Disclosure [Line Items]
Assets at fair value	$ 0	$ 0

EMPLOYEE BENEFIT PLANS - Future

EMPLOYEE BENEFIT PLANS - Future Benefit Payments (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Retirement Benefits [Abstract]
2024	$ 1,105
2025	1,145
2026	1,196
2027	1,210
2028	1,223
2029-2032	6,024
Total	$ 11,903

STOCK OPTIONS - Narrative (Deta

STOCK OPTIONS - Narrative (Details) - USD ($) $ in Thousands		1 Months Ended	12 Months Ended
	Aug. 27, 2015	Jun. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	3,000		1,000,000	914,000	1,034,525
Allocated share-based compensation expense			$ 951	$ 1,231	$ 960
Voluntary cash settlement, expense			183
Voluntary cash settlement, net of tax			$ 145
Cash settlement (in shares)	28,875	346,725	0
Options exercisable at end of period (in shares)			223,400
Options exercisable, weighted average remaining contractual term (in years)			5 years 8 months 4 days
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested awards, compensation cost not yet recognized			$ 1,190

STOCK OPTIONS - Stock Option Ac

STOCK OPTIONS - Stock Option Activity (Details) - USD ($)		1 Months Ended	12 Months Ended
	Aug. 27, 2015	Jun. 30, 2022	Dec. 31, 2023	Dec. 31, 2022
Shares
Options outstanding, beginning of period (in shares)			914,000	1,034,525
Granted (in shares)	58,125		89,000
Cash settlement (in shares)	(28,875)	(346,725)	0
Forfeited (in shares)	(26,250)		(3,000)
Expired (in shares)			0
Options outstanding, end of period (in shares)	3,000		1,000,000	914,000
Options exercisable at end of period (in shares)			223,400
Weighted Average Exercise Price
Options outstanding, weighted average exercise price, beginning of period (in dollars per share)			$ 25.34	$ 27.23
Granted,weighted average exercise price (in dollars per share)	$ 28.02		27.77
Cash settlement (in dollars per share)			0
Forfeited, weighted average exercise price (in dollars per share)			28.01
Expired, weighted average exercise price (in dollars per share)			0
Options outstanding, weighted average exercise price, end of period (in dollars per share)			25.55	$ 25.34
Options exercisable at end of period, weighted average exercise price (in dollars per share)			$ 26.58
Weighted Average Remaining Contractual Term
Options outstanding, weighted average remaining contractual terms (in years)			6 years 11 months 1 day	7 years 8 months 15 days
Options granted, weighted average remaining contractual terms (in years)			9 years 21 days
Options exercisable, weighted average remaining contractual term (in years)			5 years 8 months 4 days
Aggregate Intrinsic Value			$ 0	$ 0
Aggregate intrinsic value, exercisable			$ 0

STOCK OPTIONS - Stock Options G

STOCK OPTIONS - Stock Options Granted (Details) - $ / shares							1 Months Ended	12 Months Ended
	Jan. 20, 2023	Jan. 18, 2022	Apr. 09, 2021	Mar. 11, 2020	Mar. 15, 2019	Aug. 27, 2015	Jun. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)						58,125		89,000
Forfeited (in shares)						(26,250)		(3,000)
Cash settlement (in shares)						(28,875)	(346,725)	0
Outstanding (in shares)						3,000		1,000,000	914,000	1,034,525
Strike price (in dollars per share)						$ 28.02		$ 27.77
Vesting period (in years)						5 years
Expiration period (in years)						10 years
Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	59,500	156,000	156,500	119,300	120,900
Forfeited (in shares)	0	0	0	0	(19,800)
Cash settlement (in shares)	0	0	0	0	0
Outstanding (in shares)	59,500	156,000	156,500	119,300	101,100
Strike price (in dollars per share)	$ 27.77	$ 24.10	$ 24.23	$ 25.34	$ 28.01
Vesting period (in years)	3 years	3 years	3 years	3 years	3 years
Expiration period (in years)	10 years	10 years	10 years	10 years	10 years
Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	29,500	78,000	78,000	119,200	119,100
Forfeited (in shares)	0	0	0	0	(19,200)
Cash settlement (in shares)	0	0	0	0	0
Outstanding (in shares)	29,500	78,000	78,000	119,200	99,900
Strike price (in dollars per share)	$ 27.77	$ 24.10	$ 24.23	$ 25.34	$ 28.01
Vesting period (in years)	5 years	5 years	5 years	5 years	5 years
Expiration period (in years)	10 years	10 years	10 years	10 years	10 years

STOCK OPTIONS - Stock Option As

STOCK OPTIONS - Stock Option Assumptions (Details) - Employee Stock Option - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	3.76%	1.23%	0.82%
Expected volatility	31.42%	33.50%	36.56%
Expected annual dividend (in dollars per share)	$ 1.28	$ 1.28	$ 1.28
Expected life	6 years 6 months 3 days	6 years 10 months 2 days	6 years 10 months 2 days
Weighted average grant date fair value per option (in dollars per share)	$ 6.11	$ 4.28	$ 4.72

EMPLOYEE STOCK PURCHASE PLAN (D

EMPLOYEE STOCK PURCHASE PLAN (Details) - Employee Stock Purchase Plan ("Plan") - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares allowed to be purchased by employees (in shares)	1,500,000
Purchase price of the shares with respect to market value	95%
Maximum percentage of base compensation	15%
Maximum market value	$ 12,000
Number of shares issued under the plan (in shares)	3,894	3,617	3,850

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Loan activity with executive officers, directors, principal shareholders, and associates of such persons
Deposits from related parties	$ 21,290	$ 19,694
Directors and executive officers
RELATED PARTY TRANSACTIONS
Threshold ownership interest for principal owners (more than)	10%
Loan activity with executive officers, directors, principal shareholders, and associates of such persons
Beginning Balance	$ 11,545	12,366
New Loans	2,484	10,651
Other	0	(5,266)
Repayments	(5,850)	(6,206)
Ending Balance	$ 8,179	$ 11,545

OFF-BALANCE SHEET RISK (Details

OFF-BALANCE SHEET RISK (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Commitments to extend credit
Off Balance Sheet Risk
Contract amounts representing credit risk	$ 161,037	$ 169,365
Standby letters of credit
Off Balance Sheet Risk
Contract amounts representing credit risk	$ 13,969	9,915
Coverage period for instrument (in years)	1 year
Credit exposure from the sale of assets with recourse
Off Balance Sheet Risk
Contract amounts representing credit risk	$ 6,995	$ 7,358

CAPITAL REQUIREMENTS - Narrativ

CAPITAL REQUIREMENTS - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) category shares
CAPITAL REQUIREMENTS
Capital categories established by FDICIA (in categories) | category	5
To Be Well Capitalized (as a percent)	0.065
Tier I risk-based, well capitalized, capital ratio minimum	0.08
Total risk-based. well capitalized, capital ratio minimum	0.10
Tier I leverage, well capitalized, capital ratio minimum	0.05
Minimum To Maintain Capital Conservation Buffer (as a percent)	7%
Minimum To Maintain Capital Conservation Buffer (as a percent)	8.50%
Minimum To Maintain Capital Conservation Buffer (as a percent)	10.50%
Distribution agent fee	0.0275
Net proceeds on sale of shares | $	$ 8,291
COMMON STOCK
CAPITAL REQUIREMENTS
Common shares issued for registered at-the-market offering, net proceeds (in shares) | shares	420,069

CAPITAL REQUIREMENTS - Schedule

CAPITAL REQUIREMENTS - Schedule of the Company's and the Bank's Actual Capital Ratios Showing that both met all Regulatory Capital Requirements (Details) $ in Thousands	Dec. 31, 2023 USD ($) category	Dec. 31, 2022 USD ($)
Schedule of Investments [Abstract]
Capital categories established by FDICIA (in categories) | category	5
Common Equity Tier I Capital (to Risk-weighted Assets), Ratio
Minimum To Maintain Capital Conservation Buffer (as a percent)	7%
To Be Well Capitalized (as a percent)	0.065
Total Capital (to Risk-weighted Assets), Ratio
Minimum To Maintain Capital Conservation Buffer (as a percent)	10.50%
To Be Well Capitalized (as a percent)	0.10
Tier I Capital (to Risk-weighted Assets), Ratio
Minimum To Maintain Capital Conservation Buffer (as a percent)	8.50%
To Be Well Capitalized (as a percent)	0.08
Tier I Capital (to Average Assets), Ratio
To Be Well Capitalized (as a percent)	0.05
Jersey Shore State Bank
Common Equity Tier I Capital (to Risk-weighted Assets), Amount
Actual	$ 131,356	$ 119,783
For Capital Adequacy Purposes	59,768	55,109
Minimum To Maintain Capital Conservation Buffer	92,972	85,725
To Be Well Capitalized	$ 86,331	$ 79,602
Common Equity Tier I Capital (to Risk-weighted Assets), Ratio
Actual (as a percent)	9.89%	9.781%
For Capital Adequacy Purposes (as a percent)	4.50%	4.50%
Minimum To Maintain Capital Conservation Buffer (as a percent)	7%	7%
To Be Well Capitalized (as a percent)	0.06500	0.06500
Total Capital (to Risk-weighted Assets), Amount
Actual	$ 142,134	$ 131,379
For Capital Adequacy Purposes	106,258	97,971
Minimum To Maintain Capital Conservation Buffer	139,464	128,587
To Be Well Capitalized	$ 132,823	$ 122,464
Total Capital (to Risk-weighted Assets), Ratio
Actual (as a percent)	0.10701	0.10728
For Capital Adequacy Purposes (as a percent)	0.08000	0.08000
Minimum To Maintain Capital Conservation Buffer (as a percent)	10.50%	10.50%
To Be Well Capitalized (as a percent)	0.10000	0.10000
Tier I Capital (to Risk-weighted Assets), Amount
Actual	$ 131,356	$ 119,783
For Capital Adequacy Purposes	79,690	73,479
Minimum To Maintain Capital Conservation Buffer	112,894	104,095
To Be Well Capitalized	$ 106,254	$ 97,972
Tier I Capital (to Risk-weighted Assets), Ratio
Actual (as a percent)	0.09890	0.09781
For Capital Adequacy Purposes (as a percent)	0.06000	0.06000
Minimum To Maintain Capital Conservation Buffer (as a percent)	8.50%	8.50%
To Be Well Capitalized (as a percent)	0.08000	0.08000
Tier I Capital (to Average Assets), Amount
Actual	$ 131,356	$ 119,783
For Capital Adequacy Purposes	62,970	57,155
To Be Well Capitalized	$ 78,713	$ 71,444
Tier I Capital (to Average Assets), Ratio
Actual (as a percent)	0.08344	0.08383
For Capital Adequacy Purposes (as a percent)	0.04000	0.04000
To Be Well Capitalized (as a percent)	0.05000	0.05000
Luzerne National Bank Corporation
Common Equity Tier I Capital (to Risk-weighted Assets), Amount
Actual	$ 51,974	$ 43,364
For Capital Adequacy Purposes	22,734	19,757
Minimum To Maintain Capital Conservation Buffer	35,363	30,733
To Be Well Capitalized	$ 32,837	$ 28,538
Common Equity Tier I Capital (to Risk-weighted Assets), Ratio
Actual (as a percent)	10.288%	9.877%
For Capital Adequacy Purposes (as a percent)	4.50%	4.50%
Minimum To Maintain Capital Conservation Buffer (as a percent)	7%	7%
To Be Well Capitalized (as a percent)	0.06500	0.06500
Total Capital (to Risk-weighted Assets), Amount
Actual	$ 53,984	$ 47,549
For Capital Adequacy Purposes	40,415	35,124
Minimum To Maintain Capital Conservation Buffer	53,044	46,100
To Be Well Capitalized	$ 50,518	$ 43,905
Total Capital (to Risk-weighted Assets), Ratio
Actual (as a percent)	0.10686	0.10830
For Capital Adequacy Purposes (as a percent)	0.08000	0.08000
Minimum To Maintain Capital Conservation Buffer (as a percent)	10.50%	10.50%
To Be Well Capitalized (as a percent)	0.10000	0.10000
Tier I Capital (to Risk-weighted Assets), Amount
Actual	$ 51,974	$ 43,364
For Capital Adequacy Purposes	30,311	26,342
Minimum To Maintain Capital Conservation Buffer	42,941	37,318
To Be Well Capitalized	$ 40,415	$ 35,123
Tier I Capital (to Risk-weighted Assets), Ratio
Actual (as a percent)	0.10288	0.09877
For Capital Adequacy Purposes (as a percent)	0.06000	0.06000
Minimum To Maintain Capital Conservation Buffer (as a percent)	8.50%	8.50%
To Be Well Capitalized (as a percent)	0.08000	0.08000
Tier I Capital (to Average Assets), Amount
Actual	$ 51,974	$ 43,364
For Capital Adequacy Purposes	25,000	21,000
To Be Well Capitalized	$ 31,249	$ 26,249
Tier I Capital (to Average Assets), Ratio
Actual (as a percent)	0.08316	0.08260
For Capital Adequacy Purposes (as a percent)	0.04000	0.04000
To Be Well Capitalized (as a percent)	0.05000	0.05000
Penns Woods Bancorp, Inc
Common Equity Tier I Capital (to Risk-weighted Assets), Amount
Actual	$ 184,546	$ 165,346
For Capital Adequacy Purposes	82,240	74,607
Minimum To Maintain Capital Conservation Buffer	127,929	116,056
To Be Well Capitalized	$ 118,791	$ 107,766
Common Equity Tier I Capital (to Risk-weighted Assets), Ratio
Actual (as a percent)	10.098%	9.973%
For Capital Adequacy Purposes (as a percent)	4.50%	4.50%
Minimum To Maintain Capital Conservation Buffer (as a percent)	7%	7%
To Be Well Capitalized (as a percent)	0.06500	0.06500
Total Capital (to Risk-weighted Assets), Amount
Actual	$ 197,334	$ 181,127
For Capital Adequacy Purposes	146,200	132,633
Minimum To Maintain Capital Conservation Buffer	191,888	174,081
To Be Well Capitalized	$ 182,751	$ 165,791
Total Capital (to Risk-weighted Assets), Ratio
Actual (as a percent)	0.10798	0.10925
For Capital Adequacy Purposes (as a percent)	0.08000	0.08000
Minimum To Maintain Capital Conservation Buffer (as a percent)	10.50%	10.50%
To Be Well Capitalized (as a percent)	0.10000	0.10000
Tier I Capital (to Risk-weighted Assets), Amount
Actual	$ 184,546	$ 165,346
For Capital Adequacy Purposes	109,653	99,476
Minimum To Maintain Capital Conservation Buffer	155,342	140,925
To Be Well Capitalized	$ 146,204	$ 132,635
Tier I Capital (to Risk-weighted Assets), Ratio
Actual (as a percent)	0.10098	0.09973
For Capital Adequacy Purposes (as a percent)	0.06000	0.06000
Minimum To Maintain Capital Conservation Buffer (as a percent)	8.50%	8.50%
To Be Well Capitalized (as a percent)	0.08000	0.08000
Tier I Capital (to Average Assets), Amount
Actual	$ 184,546	$ 165,346
For Capital Adequacy Purposes	85,865	76,585
To Be Well Capitalized	$ 107,332	$ 95,731
Tier I Capital (to Average Assets), Ratio
Actual (as a percent)	0.08597	0.08636
For Capital Adequacy Purposes (as a percent)	0.04000	0.04000
To Be Well Capitalized (as a percent)	0.05000	0.05000

REGULATORY RESTRICTIONS (Detail

REGULATORY RESTRICTIONS (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Cash and Due from Banks
Restricted investment in bank stock	$ 24,323,000	$ 19,171,000
Pennsylvania Banking Code
REGULATORY RESTRICTIONS
Regulatory lending limit	27,500,000
Jersey Shore State Bank
Cash and Due from Banks
Restricted investment in bank stock	0	$ 0
Jersey Shore State Bank | Pennsylvania Banking Code
REGULATORY RESTRICTIONS
Balance in the additional paid in capital account unavailable for dividends	16,107,000
Luzerne National Bank Corporation | Pennsylvania Banking Code
REGULATORY RESTRICTIONS
Balance in the additional paid in capital account unavailable for dividends	$ 44,104,000

FAIR VALUE MEASUREMENTS - Fair

FAIR VALUE MEASUREMENTS - Fair Value on a Recurring and Non-recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Recurring | U.S. Government and agency securities
Fair Value Measurements
Total assets	$ 3,943	$ 2,896
Recurring | Mortgage-backed securities
Fair Value Measurements
Total assets	15,355	1,282
Recurring | State and political securities
Fair Value Measurements
Total assets	115,615	142,809
Recurring | Other debt securities
Fair Value Measurements
Total assets	56,032	46,686
Recurring | Other equity securities
Fair Value Measurements
Total assets	1,122	1,142
Recurring | Level I | U.S. Government and agency securities
Fair Value Measurements
Total assets	0	0
Recurring | Level I | Mortgage-backed securities
Fair Value Measurements
Total assets	0	0
Recurring | Level I | State and political securities
Fair Value Measurements
Total assets	0	0
Recurring | Level I | Other debt securities
Fair Value Measurements
Total assets	0	0
Recurring | Level I | Other equity securities
Fair Value Measurements
Total assets	1,122	1,142
Recurring | Level II | U.S. Government and agency securities
Fair Value Measurements
Total assets	3,943	2,896
Recurring | Level II | Mortgage-backed securities
Fair Value Measurements
Total assets	15,355	1,282
Recurring | Level II | State and political securities
Fair Value Measurements
Total assets	115,615	142,809
Recurring | Level II | Other debt securities
Fair Value Measurements
Total assets	56,032	46,686
Recurring | Level II | Other equity securities
Fair Value Measurements
Total assets	0	0
Recurring | Level III | U.S. Government and agency securities
Fair Value Measurements
Total assets	0	0
Recurring | Level III | Mortgage-backed securities
Fair Value Measurements
Total assets	0	0
Recurring | Level III | State and political securities
Fair Value Measurements
Total assets	0	0
Recurring | Level III | Other debt securities
Fair Value Measurements
Total assets	0	0
Recurring | Level III | Other equity securities
Fair Value Measurements
Total assets	0	0
Non-recurring | Collateral-dependent loans
Fair Value Measurements
Total assets	1,621	1,923
Non-recurring | Other real estate owned
Fair Value Measurements
Total assets	853	83
Non-recurring | Level I | Collateral-dependent loans
Fair Value Measurements
Total assets	0	0
Non-recurring | Level I | Other real estate owned
Fair Value Measurements
Total assets	0	0
Non-recurring | Level II | Collateral-dependent loans
Fair Value Measurements
Total assets	0	0
Non-recurring | Level II | Other real estate owned
Fair Value Measurements
Total assets	0	0
Non-recurring | Level III | Collateral-dependent loans
Fair Value Measurements
Total assets	1,621	1,923
Non-recurring | Level III | Other real estate owned
Fair Value Measurements
Total assets	$ 853	$ 83

FAIR VALUE MEASUREMENTS - List

FAIR VALUE MEASUREMENTS - List of Significant Unobservable Inputs (Details) - Non-recurring - Level III $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Impaired loans | Appraisal of collateral
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Impaired loans		$ 1,923
Other real estate owned | Appraisal of collateral
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Other real estate owned	$ 853	$ 83
Collateral-dependent loans | Appraisal of collateral
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Collateral-dependent loans	$ 1,621
Probability of default | Collateral-dependent loans
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Collateral-dependent Loans, measurement input (as a percent)	0
Appraisal adjustments | Appraisal of collateral
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Other real estate owned, measurement input (as a percent)	(0.20)	(0.20)
Appraisal adjustments | Appraisal of collateral | Minimum
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Collateral-dependent Loans, measurement input (as a percent)	(15)
Impaired loans, measurement input (as a percent)		(15)
Appraisal adjustments | Appraisal of collateral | Maximum
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Collateral-dependent Loans, measurement input (as a percent)	(24)
Impaired loans, measurement input (as a percent)		(34)
Appraisal adjustments | Appraisal of collateral | Weighted Average
Listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques
Collateral-dependent Loans, measurement input (as a percent)	(0.31)
Other real estate owned, measurement input (as a percent)	(0.20)	(0.20)
Impaired loans, measurement input (as a percent)		(0.14)

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial liabilities:
Time deposits	$ 384,792
Quoted Prices in Active Markets for Identical Assets (Level I)
Financial assets:
Loans held for sale	3,993	$ 3,298
Loans, net	0	0
Financial liabilities:
Time deposits	0	0
Short-term borrowings	145,926	153,349
Long-term borrowings	0	0
Significant Other Observable Inputs (Level II)
Financial assets:
Loans held for sale	0	0
Loans, net	0	0
Financial liabilities:
Time deposits	0	0
Short-term borrowings	0	0
Long-term borrowings	0	0
Significant Unobservable Inputs (Level III)
Financial assets:
Loans held for sale	0	0
Loans, net	1,806,044	1,594,073
Financial liabilities:
Time deposits	382,139	137,559
Short-term borrowings	0	0
Long-term borrowings	251,570	99,118
Carrying Value
Financial assets:
Loans held for sale	3,993	3,298
Loans, net	1,828,318	1,624,094
Financial liabilities:
Time deposits	384,792	146,282
Short-term borrowings	145,926	153,349
Long-term borrowings	252,598	102,783
Fair Value
Financial assets:
Loans held for sale	3,993	3,298
Loans, net	1,806,044	1,594,073
Financial liabilities:
Time deposits	382,139	137,559
Short-term borrowings	145,926	153,349
Long-term borrowings	$ 251,570	$ 99,118

REVENUE RECOGNTION (Details)

REVENUE RECOGNTION (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debit card transaction fees
Disaggregation of Revenue [Line Items]
Debit card transaction fees, other processing services fees and interchange and card based transaction fees	$ 2,573	$ 2,539	$ 2,684
Other processing service fees
Disaggregation of Revenue [Line Items]
Debit card transaction fees, other processing services fees and interchange and card based transaction fees	366	357	236
Gross interchange and card based transaction fees
Disaggregation of Revenue [Line Items]
Debit card transaction fees, other processing services fees and interchange and card based transaction fees	2,939	2,896	2,920
Network costs	1,611	1,432	1,409
Debit card income
Disaggregation of Revenue [Line Items]
Debit card transaction fees, other processing services fees and interchange and card based transaction fees	$ 1,328	$ 1,464	$ 1,511

LEASES - Assets and Liabilities

LEASES - Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Finance lease, right of use asset	$ 6,576	$ 7,006
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization
Finance lease liabilities	$ 7,598	$ 7,783
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Long-term borrowings	Long-term borrowings

LEASES - Lease Cost (Details)

LEASES - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finance Lease Cost:
Amortization of right-of-use asset	$ 429	$ 429	$ 474
Interest expense	241	244	257
Operating lease cost	287	285	297
Total Lease Cost	$ 957	$ 958	$ 1,028

LEASES - Maturity Schedule (Det

LEASES - Maturity Schedule (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Operating
2024	$ 255
2025	257
2026	260
2027	268
2028	271
2029 and thereafter	2,029
Total undiscounted cash flows	3,340
Discount on cash flows	(770)
Total lease liability	2,570	$ 2,708
Finance
2024	427
2025	929
2026	387
2027	388
2028	390
2029 and thereafter	8,498
Total undiscounted cash flows	11,019
Discount on cash flows	(3,421)
Total lease liability	$ 7,598

LEASES - Weighted Average Term

LEASES - Weighted Average Term and Discount Rate (Details)	Dec. 31, 2023
Operating
Weighted-average term (years)	16 years 3 months 21 days
Weighted-average discount rate	3.56%
Finance
Weighted-average term (years)	22 years 6 months 7 days
Weighted-average discount rate	3.21%