Lakeland Financial (LKFN) 10-Q 1 Nov 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Oct. 26, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	0-11487
Entity Registrant Name	LAKELAND FINANCIAL CORPORATION
Entity Incorporation, State or Country Code	IN
Entity Tax Identification Number	35-1559596
Entity Address, Address Line One	202 East Center Street,
Entity Address, City or Town	Warsaw
Entity Address, State or Province	IN
Entity Address, Postal Zip Code	46580
City Area Code	574
Local Phone Number	267‑6144
Title of 12(b) Security	Common stock, No par value
Trading Symbol	LKFN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		25,431,724
Entity Central Index Key	0000721994
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 67,512	$ 80,992
Short-term investments	78,768	49,290
Total cash and cash equivalents	146,280	130,282
Securities available-for-sale, at fair value	975,532	1,185,528
Securities held-to-maturity, at amortized cost (fair value of $102,629 and $111,029, respectively)	129,494	128,242
Real estate mortgage loans held-for-sale	572	357
Loans, net of allowance for credit losses of $72,105 and $72,606	4,798,860	4,637,790
Land, premises and equipment, net	58,512	58,097
Bank owned life insurance	108,758	108,407
Federal Reserve and Federal Home Loan Bank stock	21,420	15,795
Accrued interest receivable	28,994	27,994
Goodwill	4,970	4,970
Other assets	153,452	134,909
Total assets	6,426,844	6,432,371
LIABILITIES
Noninterest bearing deposits	1,377,650	1,736,761
Interest bearing deposits	4,279,425	3,723,859
Total deposits	5,657,075	5,460,620
Federal Funds purchased	0	22,000
Federal Home Loan Bank advances	90,000	275,000
Total borrowings	90,000	297,000
Accrued interest payable	16,178	3,186
Other liabilities	106,407	102,678
Total liabilities	5,869,660	5,863,484
STOCKHOLDERS’ EQUITY
Common stock: 90,000,000 shares authorized, no par value 25,896,764 shares issued and 25,430,917 outstanding as of June 30, 2023 25,825,127 shares issued and 25,349,225 outstanding as of December 31, 2022	125,758	127,004
Retained earnings	674,917	646,100
Accumulated other comprehensive income (loss)	(228,111)	(188,923)
Treasury stock at cost (471,540 shares as of September 30, 2023, 475,902 shares as of December 31, 2022)	(15,469)	(15,383)
Total stockholders’ equity	557,095	568,798
Noncontrolling interest	89	89
Total equity	557,184	568,887
Total liabilities and equity	$ 6,426,844	$ 6,432,371

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Securities held-to-maturity, fair value	$ 102,629	$ 111,029
Allowance for credit losses	$ 72,105	$ 72,606
Common stock, shares authorized (in shares)	90,000,000	90,000,000
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common stock, shares issued (in shares)	25,903,264	25,825,127
Common stock, shares outstanding (in shares)	25,431,724	25,349,225
Treasury stock, at cost (in shares)	471,540	475,902

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest and fees on loans
Taxable	$ 78,910	$ 52,707	$ 223,499	$ 136,580
Tax exempt	1,008	462	2,869	911
Interest and dividends on securities
Taxable	3,077	3,608	9,966	10,613
Tax exempt	4,023	5,009	12,387	14,609
Other interest income	1,605	772	3,604	1,501
Total interest income	88,623	62,558	252,325	164,214
Interest on deposits	37,108	10,066	95,637	18,037
Interest on borrowings
Short-term	3,122	0	8,252	0
Long-term	0	0	0	127
Total interest expense	40,230	10,066	103,889	18,164
NET INTEREST INCOME	48,393	52,492	148,436	146,050
Provision for credit losses	400	0	5,550	417
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	47,993	52,492	142,886	145,633
NONINTEREST INCOME
Wealth advisory fees	2,298	2,059	6,769	6,550
Investment brokerage fees	408	651	1,370	1,711
Service charges on deposit accounts	2,735	2,990	8,091	8,681
Loan and service fees	2,934	3,047	8,782	9,131
Merchant card fee income	938	941	2,744	2,660
Bank owned life insurance income (loss)	1,009	54	2,393	(212)
Interest rate swap fee income	0	88	794	492
Mortgage banking income (loss)	(50)	(89)	(184)	771
Net securities gains (losses)	(35)	0	(16)	0
Other income	598	423	1,907	1,559
Total noninterest income	10,835	10,164	32,650	31,343
NONINTEREST EXPENSE
Salaries and employee benefits	15,977	14,650	43,414	43,840
Net occupancy expense	1,621	1,476	4,874	4,793
Equipment costs	1,325	1,380	4,189	4,250
Data processing fees and supplies	3,379	3,226	10,305	9,510
Corporate and business development	1,201	1,426	3,930	4,078
FDIC insurance and other regulatory fees	871	458	2,469	1,516
Professional fees	2,114	1,554	6,284	4,527
Wire fraud loss	0	0	18,058	0
Other expense	2,609	3,724	7,742	10,262
Total noninterest expense	29,097	27,894	101,265	82,776
INCOME BEFORE INCOME TAX EXPENSE	29,731	34,762	74,271	94,200
Income tax expense	4,479	6,237	10,130	16,360
NET INCOME	$ 25,252	$ 28,525	$ 64,141	$ 77,840
BASIC WEIGHTED AVERAGE COMMON SHARES (in shares)	25,613,456	25,533,832	25,601,493	25,525,734
BASIC EARNINGS PER COMMON SHARE (in dollars per share)	$ 0.99	$ 1.12	$ 2.51	$ 3.05
DILUTED WEIGHTED AVERAGE COMMON SHARES (in shares)	25,693,535	25,734,613	25,709,841	25,710,088
DILUTED EARNINGS PER COMMON SHARE (in dollars per share)	$ 0.98	$ 1.11	$ 2.49	$ 3.03

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 25,252	$ 28,525	$ 64,141	$ 77,840
Change in available-for-sale and transferred securities:
Unrealized holding gain (loss) on securities available-for-sale arising during the period	(64,432)	(80,532)	(51,150)	(302,137)
Reclassification adjust for amortization of unrealized losses on securities transferred to held-to-maturity	501	504	1,486	995
Reclassification adjustment for losses included in net income	35	0	16	0
Net securities gain (loss) activity during the period	(63,896)	(80,028)	(49,648)	(301,142)
Tax effect	13,419	16,806	10,427	63,239
Net of tax amount	(50,477)	(63,222)	(39,221)	(237,903)
Defined benefit pension plans:
Amortization of net actuarial loss	15	36	45	108
Net gain activity during the period	15	36	45	108
Tax effect	(4)	(9)	(12)	(27)
Net of tax amount	11	27	33	81
Total other comprehensive income (loss), net of tax	(50,466)	(63,195)	(39,188)	(237,822)
Comprehensive income (loss)	$ (25,214)	$ (34,670)	$ 24,953	$ (159,982)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited) - USD ($) $ in Thousands	Total	Total Stockholders’ Equity	Common Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2021			25,300,793
Beginning balance at Dec. 31, 2021	$ 704,906	$ 704,817	$ 120,615	$ 583,134	$ 16,093	$ (15,025)	$ 89
Increase (Decrease) in Stockholders' Equity
Net income	77,840	77,840		77,840
Other comprehensive income (loss), net of tax	(237,822)	(237,822)			(237,822)
Cash dividends declared and paid	(30,637)	(30,637)		(30,637)
Treasury shares purchased under deferred directors' plan (in shares)			(6,732)
Treasury shares purchased under deferred directors' plan	0	0	$ 505			(505)
Treasury shares sold and distributed under deferred directors' plan (in shares)			8,555
Treasury shares sold and distributed under deferred directors' plan	0	0	$ (221)			221
Stock activity under equity compensation plans (in shares)			47,518
Stock activity under equity compensation plans	(1,780)	(1,780)	$ (1,780)
Stock based compensation expense	6,713	6,713	$ 6,713
Ending balance (in shares) at Sep. 30, 2022			25,350,134
Ending balance at Sep. 30, 2022	519,220	519,131	$ 125,832	630,337	(221,729)	(15,309)	89
Beginning balance (in shares) at Jun. 30, 2022			25,345,162
Beginning balance at Jun. 30, 2022	562,063	561,974	$ 123,571	612,026	(158,534)	(15,089)	89
Increase (Decrease) in Stockholders' Equity
Net income	28,525	28,525		28,525
Other comprehensive income (loss), net of tax	(63,195)	(63,195)			(63,195)
Cash dividends declared and paid	(10,214)	(10,214)		(10,214)
Treasury shares purchased under deferred directors' plan (in shares)			(3,158)
Treasury shares purchased under deferred directors' plan	0	0	$ 220			(220)
Stock activity under equity compensation plans (in shares)			8,130
Stock activity under equity compensation plans	(52)	(52)	$ (52)
Stock based compensation expense	2,093	2,093	$ 2,093
Ending balance (in shares) at Sep. 30, 2022			25,350,134
Ending balance at Sep. 30, 2022	$ 519,220	519,131	$ 125,832	630,337	(221,729)	(15,309)	89
Beginning balance (in shares) at Dec. 31, 2022	25,349,225		25,349,225
Beginning balance at Dec. 31, 2022	$ 568,887	568,798	$ 127,004	646,100	(188,923)	(15,383)	89
Increase (Decrease) in Stockholders' Equity
Net income	64,141	64,141		64,141
Other comprehensive income (loss), net of tax	(39,188)	(39,188)			(39,188)
Cash dividends declared and paid	(35,324)	(35,324)		(35,324)
Treasury shares purchased under deferred directors' plan (in shares)			(8,493)
Treasury shares purchased under deferred directors' plan	0	0	$ 491			(491)
Treasury shares sold and distributed under deferred directors' plan (in shares)			12,855
Treasury shares sold and distributed under deferred directors' plan	0	0	$ (405)			405
Stock activity under equity compensation plans (in shares)			78,137
Stock activity under equity compensation plans	(3,124)	(3,124)	$ (3,124)
Stock based compensation expense	$ 1,792	1,792	$ 1,792
Ending balance (in shares) at Sep. 30, 2023	25,431,724		25,431,724
Ending balance at Sep. 30, 2023	$ 557,184	557,095	$ 125,758	674,917	(228,111)	(15,469)	89
Beginning balance (in shares) at Jun. 30, 2023			25,429,216
Beginning balance at Jun. 30, 2023	591,995	591,906	$ 123,367	661,447	(177,645)	(15,263)	89
Increase (Decrease) in Stockholders' Equity
Net income	25,252	25,252		25,252
Other comprehensive income (loss), net of tax	(50,466)	(50,466)			(50,466)
Cash dividends declared and paid	(11,782)	(11,782)		(11,782)
Treasury shares purchased under deferred directors' plan (in shares)			(3,992)
Treasury shares purchased under deferred directors' plan	0	0	$ 206			(206)
Stock activity under equity compensation plans (in shares)			6,500
Stock based compensation expense	$ 2,185	2,185	$ 2,185
Ending balance (in shares) at Sep. 30, 2023	25,431,724		25,431,724
Ending balance at Sep. 30, 2023	$ 557,184	$ 557,095	$ 125,758	$ 674,917	$ (228,111)	$ (15,469)	$ 89

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends declared, per share	$ 0.46	$ 0.40	$ 1.38	$ 1.20

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net income	$ 64,141	$ 77,840
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	4,579	4,494
Provision for credit losses	5,550	417
Amortization of loan servicing rights	431	583
Net change in loan servicing rights valuation allowance	0	(708)
Loans originated for sale, including participations	(6,120)	(27,273)
Net gain on sales of loans	(224)	(958)
Proceeds from sale of loans, including participations	6,075	34,299
Net (gain) loss on sales of premises and equipment	3	3
Net loss on sales and calls of securities available-for-sale	16	0
Net securities amortization	3,732	4,817
Stock based compensation expense	1,792	6,713
Losses (earnings) on life insurance	(2,393)	212
Tax benefit of stock award issuances	(720)	(514)
Net change:
Interest receivable and other assets	(3,386)	(2,782)
Interest payable and other liabilities	14,000	37,707
Total adjustments	23,335	57,010
Net cash from operating activities	87,476	134,850
Cash flows from investing activities:
Proceeds from sale of securities available-for-sale	102,827	0
Proceeds from maturities, calls and principal paydowns of securities available-for-sale	56,830	86,001
Proceeds from maturities, calls and principal paydowns of securities held-to-maturity	6	5
Purchases of securities available-for-sale	(4,314)	(313,905)
Purchase of life insurance	(222)	(727)
Net (increase) decrease in total loans	(166,904)	(202,945)
Proceeds from sales of land, premises and equipment	13	4
Purchases of land, premises and equipment	(5,010)	(3,678)
Purchase of Federal Home Loan Bank stock	(5,625)	0
Proceeds from redemption of Federal Home Loan Bank stock	0	932
Net cash from investing activities	(22,399)	(434,313)
Cash flows from financing activities:
Net increase (decrease) in total deposits	196,455	(71,274)
Net increase (decrease) in short-term borrowings	(22,000)	0
Payments on long-term FHLB borrowings	0	(75,000)
Net payments on short-term FHLB borrowings	(185,000)	0
Common dividends paid	(35,311)	(30,624)
Preferred dividends paid	(13)	(13)
Payments related to equity incentive plans	(3,124)	(1,780)
Purchase of treasury stock	(491)	(505)
Sale of treasury stock	405	221
Net cash from financing activities	(49,079)	(178,975)
Net change in cash and cash equivalents	15,998	(478,438)
Cash and cash equivalents at beginning of the period	130,282	683,240
Cash and cash equivalents at end of the period	146,280	204,802
Cash paid during the period for:
Interest	90,897	18,583
Income taxes	9,275	13,780
Supplemental non-cash disclosures:
Loans transferred to other real estate owned	284	0
Right-of-use assets obtained in exchange for lease liabilities	$ 0	$ 1,612

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION This report is filed for Lakeland Financial Corporation (the "Company"), which has two wholly owned subsidiaries, Lake City Bank (the "Bank") and LCB Risk Management, a captive insurance company. Also included in this report are results for the Bank’s wholly owned subsidiary, LCB Investments II, Inc. ("LCB Investments"), which manages the Bank’s investment securities portfolio. LCB Investments owns LCB Funding, Inc. ("LCB Funding"), a real estate investment trust. All significant inter-company balances and transactions have been eliminated in consolidation. The unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and with the instructions for Form 10-Q. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and are unaudited. In the opinion of management, all adjustments (all of which are normal and recurring in nature) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2023 are not necessarily indicative of the results that may be expected for any subsequent reporting periods, including the year ending December 31, 2023. The Company’s 2022 Annual Report on Form 10-K should be read in conjunction with these statements. Adoption of New Accounting Standards On March 31, 2022, the FASB issued ASU 2022-02, " Financial Instruments - Credit Losses (ASC 326): Troubled Debt Restructurings (TDRs) and Vintage Disclosures ." The update amends ASC 326 to eliminate the accounting guidance for TDRs by creditors, while enhancing disclosure requirements for certain loan refinancing and restructuring activities by creditors when a borrower is experiencing financial difficulty. Specifically, rather than applying TDR recognition and measurement guidance, creditors will determine whether a modification results in a new loan or continuation of an existing loan. These amendments are intended to enhance existing disclosure requirements and introduce new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. Additionally, the amendments to ASC 326 require that an entity disclose current-period gross write-offs by year of origination within the vintage disclosures, which requires that an entity disclose the amortized cost basis of financing receivables by credit quality indicator and and class of financing receivable by year of origination. The update is available for entities that have adopted the amendments in update 2016-13 for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. The Company elected to early adopt the provisions of the ASU related to the discontinuance of TDR reporting, with retrospective application of modification reporting effective starting January 1, 2022. The Company adopted the provisions related to reporting of current-period gross write-offs within the vintage disclosures effective January 1, 2023. The adoption of the provisions contained within ASU 2022-02 did not have a material impact on the consolidated financial statements. On March 28, 2022, the FASB issued ASU 2022-01, " Derivatives and Hedging (ASC 815): Fair Value Hedging - Portfolio Layer Method ." ASC 815 previously permitted only prepayable financial assets and one or more beneficial interests secured by a portfolio of prepayable financial instruments to be included in a last-of-layer closed portfolio. The amendment in this update allows nonrepayable financial assets to also be included in a closed portfolio hedged using the portfolio layer method. That expanded scope allows an entity to apply the same portfolio hedging method to both prepayable and nonprepayable financial assets, thereby allowing consistent accounting for similar hedges. The update became effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. The Company adopted ASU 2022-01 on January 1, 2023, which did not have a material impact on the consolidated financial statements. On March 12, 2020, the FASB issued Accounting Standards Update (ASU) 2020-04, " Reference Rate Reform (ASC 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting ." ASC 848 contains optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. The Company has formed a cross-functional project team to lead the transition from LIBOR to a planned adoption of reference rates which could include Secured Overnight Financing Rate ("SOFR"), amongst others. The Company has identified certain loans that renewed prior to 2021 and obtained updated reference rate language at the time of the renewal. Additionally, management is utilizing the timeline guidance published by the Alternative Reference Rates Committee to develop and achieve internal milestones during this transitional period. The Company's policy is to adhere to the International Swaps and Derivatives Association 2020 IBOR Fallbacks Protocol that was released on October 23, 2020. The Company discontinued the use of new LIBOR-based loans by December 31, 2021, according to regulatory guidelines. The Company transitioned LIBOR-based loans to an alternative reference rate before June 30, 2023. On December 22, 2022, the FASB issued ASU 2022-06, " Reference Rate Reform (ASC 848): Deferral of the Sunset Date of Topic 848 ", which definitively provided a sunset date of December 31, 2024 for the relief guidance allowed under Topic 848. The ASU was effective immediately upon issuance. The Company adopted the LIBOR transition relief allowed under this standard, and it did not have a material impact on the consolidated financial statements. Newly Issued But Not Yet Effective Accounting Standards On March 28, 2023, the FASB issued ASU 2023-02, " Investments-Equity Method and Joint Ventures (ASC 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method ." ASU 2014-01, " Investments-Equity Method and Joint Ventures (ASC 323): Accounting for Investments in Qualified Affordable Housing Projects ", previously introduced the option to apply the proportional amortization method to account for investments made primarily for the purpose of receiving income tax credits and other income tax benefits when certain requirements are met; however, this guidance limited the proportional amortization method to investments in low-income-housing tax credit (LIHTC) structures. The proportional amortization method results in the cost of the investment being amortized in proportion to the income tax credits and other income tax benefits received, with the amortization of the investment and the income tax credits being presented net in the income statement as a component of net income tax expense (benefit). Equity investments in other tax credit structures are typically accounted for using the equity method, which results in investment income, gains and losses, and tax credits being presented gross on the income statement in their respective line items. The amendments in this update permit reporting entities to elect to account for certain 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. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the income tax benefits in the income statement as a component of income tax expense (benefit). To qualify for the proportional amortization method, all of the following conditions must be met: (1) It is probable that the income tax credits allocated to the tax equity investor will be available; (2) The tax equity investor does not have the ability to exercise significant influence over the operating and financial policies of the underlying project; (3) Substantially all of the projected benefits are from income tax credits and other income tax benefits. Projected benefits included income tax credits, other income tax benefits, and other non-income tax -related benefits. The projected benefits are determined on a discounted basis, using a discount rate that is consistent with the cash flow assumptions used by the tax equity investor in making its decision to invest in the project; (4) The tax equity investor's projected yield based solely on the cash flows from the income tax credits and other income tax benefits is positive; and (5) The tax equity investor is a limited liability investor in the limited liability entity for both legal and tax purposes, and the tax equity investor's liability is limited to its capital investment. An accounting policy election is allowed to apply the proportional amortization method on a tax-credit-program-by-tax-credit-program basis rather than electing to apply the proportional amortization method at the reporting entity level or to individual investments. The amendments in this update require specific disclosures that must be applied to all investments that generate income tax credits and other income tax benefits from a tax credit program for which the entity has elected to apply the proportional amortization method. The amendments require that a reporting entity disclose certain information in annual and interim reporting periods that enable investors to understanding the following information about its investments that generate income tax credits and other income tax benefits from a tax credit program including: (1) The nature of its tax equity investments; and (2) The effect of its tax equity investments and related income tax credits and other income tax benefits on its financial position and results of operations. For public business entities, the amendments in this update are effective for fiscal years beginning after December 31, 2023, including interim periods within those fiscal years. Early adoption is permitted in any interim period. If early adoption is elected, the provisions shall be adopted as of the beginning of the fiscal year that includes the interim period of adoption. The amendments in this update must be applied on either a modified retrospective or a retrospective basis. The Company is currently evaluating the impact of this standard for its LIHTC investments and the impact to noninterest income, income tax expense, and beginning retained earnings within the consolidated financial statements. On October 9, 2023, the FASB issued ASU 2023-06, "Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative" , which modified the disclosure or presentation requirements of a variety of Topics in the Codification and was intended to both clarify or improve such requirements and align the requirements with the SEC's regulations. The amendments to Topics of Codification provided in this Update apply to all reporting entities within the scope of the affected Topics unless otherwise indicated by the Update. Given the variety of Topics amended, a broad range of entities may be affected by one or more of the amendments provided in the Update. The Company evaluated the amendments provided in the Update and believes certain of the disclosure improvements are applicable to the Company's interim or annual disclosures. Subtopic 230-10, as amended, requires disclosure within the accounting policy in annual periods of where cash flows associated with derivative instruments and their related gains and losses are presented within the statement of cash flows. Subtopic 260-10, as amended, requires disclosure of the methods used in the diluted earnings-per-share computation for each dilutive security and clarifies that certain disclosures should be made during interim periods. Subtopic 470-10, as amended, requires disclosure of amounts and terms of unused lines of credit and unfunded commitments and the weighted-average interest rate on short-term borrowings outstanding as of the date of each balance sheet presented. The effective date for each amendment for entities subject to the SEC's existing disclosure requirements is the effective date of the removal of the related disclosure from Regulation S-X or Regulation S-K, with early adoption prohibited. The amendments in the Update are to be applied prospectively. The Company will apply prospectively the provisions provided in the amendments as such provisions become effective, and does not believe the application of these modified disclosure requirements will have a material impact on the consolidated financial statements. Reclassification Certain amounts appearing in the consolidated financial statements and notes thereto for prior periods have been reclassified to conform with the current presentation. The reclassifications had no effect on net income or stockholders' equity as previously reported.

SECURITIES

SECURITIES	9 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES Debt securities purchased with the intent and ability to hold to their maturity are classified as held-to-maturity securities. All other investment securities are classified as available-for-sale securities. Available-for-Sale Securities Information related to the amortized cost, fair value and allowance for credit losses of securities available-for-sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) is provided in the table below. (dollars in thousands) Amortized Gross Unrealized Gain Gross Unrealized Losses Allowance for Credit Losses Fair Value September 30, 2023 U.S. Treasury securities $ 2,873 $ 0 $ (12) $ 0 $ 2,861 U.S. government sponsored agencies 148,895 0 (33,224) 0 115,671 Mortgage-backed securities: residential 531,807 12 (102,157) 0 429,662 State and municipal securities 558,346 1 (131,009) 0 427,338 Total $ 1,241,921 $ 13 $ (266,402) $ 0 $ 975,532 December 31, 2022 U.S. Treasury securities $ 3,057 $ 0 $ (23) $ 0 $ 3,034 U.S. government sponsored agencies 156,184 0 (29,223) 0 126,961 Mortgage-backed securities: residential 578,175 67 (85,934) 0 492,308 State and municipal securities 663,367 157 (100,299) 0 563,225 Total $ 1,400,783 $ 224 $ (215,479) $ 0 $ 1,185,528 Held-to-Maturity Securities Information related to the amortized cost, fair value and allowance for credit losses of securities held-to-maturity and the related gross unrealized gains and losses is presented in the table below. (dollars in thousands) Amortized Gross Unrealized Gain Gross Unrealized Losses Allowance for Credit Losses Fair Value September 30, 2023 State and municipal securities $ 129,494 $ 0 $ (26,865) $ 0 $ 102,629 December 31, 2022 State and municipal securities $ 128,242 $ 0 $ (17,213) $ 0 $ 111,029 On April 1, 2022, the Company elected to transfer securities from available-for-sale to held-to-maturity as an overall balance sheet management strategy. The fair value of securities transferred was $127.0 million. The unrealized loss on the securities transferred from available-for-sale to held-to-maturity was $24.4 million ($19.3 million, net of tax) based on the fair value of the securities on the transfer date and was $21.4 million ($16.9 million, net of tax) at September 30, 2023. The Company has the current intent and ability to hold the transferred securities until maturity. Any net unrealized gain or loss on the transferred securities included in accumulated other comprehensive income (loss) at the time of the transfer will be amortized over the remaining life of the underlying security as an adjustment to the yield on those securities. There have been no subsequent transfers of securities from available-for-sale to held-to-maturity. Information regarding the amortized cost and fair value of available-for-sale and held-to-maturity debt securities by maturity as of September 30, 2023 is presented below. Maturity information is based on contractual maturity for all securities other than mortgage-backed securities. Actual maturities of securities may differ from contractual maturities because borrowers may have the right to prepay the obligation without a prepayment penalty. Available-for-Sale Held-to-Maturity (dollars in thousands) Amortized Cost Fair Amortized Cost Fair Due in one year or less $ 4,818 $ 4,806 $ 0 $ 0 Due after one year through five years 7,298 6,422 0 0 Due after five years through ten years 38,103 33,697 0 0 Due after ten years 659,895 500,945 129,494 102,629 710,114 545,870 129,494 102,629 Mortgage-backed securities 531,807 429,662 0 0 Total debt securities $ 1,241,921 $ 975,532 $ 129,494 $ 102,629 Available-for-sale securities proceeds, gross gains and gross losses are presented below. Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2023 2022 2023 2022 Sales of securities available-for-sale Proceeds $ 2,876 $ 0 $ 102,827 $ 0 Gross gains 0 0 439 0 Gross losses (35) 0 (455) 0 Number of securities 6 0 109 0 In accordance with ASU No. 2017-8, purchase premiums for callable securities are amortized to the earliest call date and premiums on non-callable securities as well as discounts are recognized in interest income using the interest method over the terms of the securities or over the estimated lives of mortgage-backed securities. Gains and losses on sales are based on the amortized cost of the security sold and recorded on the trade date. Securities with fair values of $740.8 million and $298.2 million were pledged as of September 30, 2023 and December 31, 2022, respectively, as collateral for borrowings from the Federal Home Loan Bank ("FHLB") and Federal Reserve Bank and for other purposes as permitted or required by law. Unrealized Loss Analysis on Available-for-Sale and Held-to-Maturity Securities Information regarding available-for-sale securities with unrealized losses as of September 30, 2023 and December 31, 2022 is presented on the following page. The tables divide the securities between those with unrealized losses for less than twelve months and those with unrealized losses for twelve months or more. Less than 12 months 12 months or more Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized September 30, 2023 U.S. Treasury securities $ 2,466 $ 8 $ 395 $ 4 $ 2,861 $ 12 U.S. government sponsored agencies 0 0 115,671 33,224 115,671 33,224 Mortgage-backed securities: residential 3,596 187 425,212 101,970 428,808 102,157 State and municipal securities 26,084 2,106 397,793 128,903 423,877 131,009 Total available-for-sale $ 32,146 $ 2,301 $ 939,071 $ 264,101 $ 971,217 $ 266,402 December 31, 2022 U.S. Treasury securities $ 3,034 $ 23 $ 0 $ 0 $ 3,034 $ 23 U.S. government sponsored agencies 8,420 1,350 118,541 27,873 126,961 29,223 Mortgage-backed securities: residential 165,897 18,637 323,727 67,297 489,624 85,934 State and municipal securities 277,967 33,405 244,436 66,894 522,403 100,299 Total available-for-sale $ 455,318 $ 53,415 $ 686,704 $ 162,064 $ 1,142,022 $ 215,479 Information regarding held-to-maturity securities with unrealized losses as of September 30, 2023 and December 31, 2022 is presented below. The table divides the securities between those with unrealized losses for less than twelve months and those with unrealized losses for twelve months or more. Less than 12 months 12 months or more Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized September 30, 2023 State and municipal securities $ 0 $ 0 $ 102,629 $ 26,865 $ 102,629 $ 26,865 December 31, 2022 State and municipal securities $ 0 $ 0 $ 111,029 $ 17,213 $ 111,029 $ 17,213 The total number of securities with unrealized losses as of September 30, 2023 and December 31, 2022 is presented below. Available-for-sale Held-to-maturity Less than 12 months Total Less than 12 months Total September 30, 2023 U.S. Treasury securities 7 1 8 0 0 0 U.S. government sponsored agencies 0 17 17 0 0 0 Mortgage-backed securities: residential 8 126 134 0 0 0 State and municipal securities 47 383 430 0 41 41 Total temporarily impaired 62 527 589 0 41 41 December 31, 2022 U.S. Treasury securities 7 0 7 0 0 0 U.S. government sponsored agencies 1 16 17 0 0 0 Mortgage-backed securities: residential 95 41 136 0 0 0 State and municipal securities 269 223 492 0 41 41 Total temporarily impaired 372 280 652 0 41 41 Available-for-sale debt securities in unrealized loss positions are evaluated for impairment related to credit losses at least quarterly. For available-for-sale debt securities in an unrealized loss position, management first assesses whether it intends to sell, or it is more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through the consolidated income statement. For available-for-sale debt securities that do not meet the above criteria and for held-to-maturity securities, management evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security and the issuer, among other factors. If this assessment indicates that a credit loss exists, management compares the present value of cash flows expected to be collected from the security with the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis for the security, a credit loss exists and an allowance for credit losses is recorded, limited to the amount that the fair value of the security is less than its amortized cost basis. For available-for-sale debt securities, any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income (loss), net of applicable taxes. No allowance for credit losses for available-for-sale or held-to-maturity debt securities was recorded at September 30, 2023 or December 31, 2022. Accrued interest receivable on securities totaled $7.1 million and $8.9 million at September 30, 2023 and December 31, 2022, respectively, and is excluded from the estimate of credit losses. The U.S. government sponsored agencies and mortgage-backed securities are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major credit rating agencies, and have a long history of no credit losses. Therefore, for those securities, we do not record expected credit losses. State and municipal securities credit losses are benchmarked against highly rated municipal securities of similar duration, as published by Moody's, resulting in an immaterial allowance for credit losses.

LOANS

LOANS	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
LOANS	LOANS (dollars in thousands) September 30, December 31, Commercial and industrial loans: Working capital lines of credit loans $ 589,345 12.1 % $ 650,948 13.8 % Non-working capital loans 812,875 16.7 842,101 17.9 Total commercial and industrial loans 1,402,220 28.8 1,493,049 31.7 Commercial real estate and multi-family residential loans: Construction and land development loans 633,920 13.0 517,664 11.0 Owner occupied loans 811,175 16.6 758,091 16.0 Nonowner occupied loans 740,783 15.2 706,107 15.0 Multifamily loans 236,581 4.8 197,232 4.2 Total commercial real estate and multi-family residential loans 2,422,459 49.6 2,179,094 46.2 Agri-business and agricultural loans: Loans secured by farmland 183,241 3.8 201,200 4.3 Loans for agricultural production 197,287 4.0 230,888 4.9 Total agri-business and agricultural loans 380,528 7.8 432,088 9.2 Other commercial loans: 125,939 2.6 113,593 2.4 Total commercial loans 4,331,146 88.8 4,217,824 89.5 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 247,114 5.1 212,742 4.5 Open end and junior lien loans 189,611 3.9 175,575 3.7 Residential construction and land development loans 12,888 0.3 19,249 0.4 Total consumer 1-4 family mortgage loans 449,613 9.3 407,566 8.6 Other consumer loans 93,737 1.9 88,075 1.9 Total consumer loans 543,350 11.2 495,641 10.5 Subtotal 4,874,496 100.0 % 4,713,465 100.0 % Less: Allowance for credit losses (72,105) (72,606) Net deferred loan fees (3,531) (3,069) Loans, net $ 4,798,860 $ 4,637,790 The recorded investment in loans does not include accrued interest, which totaled $20.7 million and $18.4 million as of September 30, 2023 and December 31, 2022, respectively. The Company h ad $470,000 and $306,000 in residential real estate loans in the process of foreclosure as of September 30, 2023 and December 31, 2022, respectively.

ALLOWANCE FOR CREDIT LOSSES AND

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY	9 Months Ended
	Sep. 30, 2023
ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY
ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY	ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY The Company maintains an allowance for credit losses to provide for expected credit losses. Losses are charged against the allowance when management believes that the principal is uncollectable. Subsequent recoveries, if any, are credited to the allowance. Allocations of the allowance are made for specific loans and for pools of similar types of loans, although the entire allowance is available for any loan that, in management’s judgment, should be charged against the allowance. A provision for credit losses is taken based on management’s ongoing evaluation of the appropriate allowance balance. A formal evaluation of the adequacy of the credit loss allowance is conducted monthly. The ultimate recovery of all loans is susceptible to future market factors beyond the Company’s control. The level of credit loss provision is influenced by growth in the overall loan portfolio, emerging market risk, emerging concentration risk, commercial loan focus and large credit concentration, new industry lending activity, general economic conditions and historical loss analysis. In addition, management gives consideration to changes in the facts and circumstances of watch list credits, which includes the security position of the borrower, in determining the appropriate level of the credit loss provision. Furthermore, management’s overall view on credit quality is a factor in the determination of the provision. The determination of the appropriate allowance is inherently subjective, as it requires significant estimates by management. The Company has an established process to determine the adequacy of the allowance for credit losses that generally includes consideration of changes in the nature and volume of the loan portfolio and overall portfolio quality, along with current and forecasted economic conditions that may affect borrowers’ ability to repay. Consideration is not limited to these factors although they represent the most commonly cited factors. To determine the specific allocation levels for individual credits, management considers the current valuation of collateral and the amounts and timing of expected future cash flows as the primary measures. Management also considers trends in adversely classified loans based upon an ongoing review of those credits. With respect to pools of similar loans, an appropriate level of general allowance is determined by portfolio segment using a probability of default-loss given default (“PD/LGD”) model, subject to a floor. A default can be triggered by one of several different asset quality factors, including past due status, nonaccrual status, material modification status or if the loan has had a charge-off. This PD is then combined with a LGD derived from historical charge-off data to construct a default rate. This loss rate is then supplemented with adjustments for reasonable and supportable forecasts of relevant economic indicators, particularly the unemployment rate forecast from the Federal Open Market Committee’s Summary of Economic Projections, and other environmental factors based on the risks present for each portfolio segment. These environmental factors include consideration of the following: levels of, and trends in, delinquencies and nonperforming loans; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedure, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. It is also possible that these factors could include social, political, economic, and terrorist events or activities. All of these factors are susceptible to change, which may be significant. As a result of this detailed process, the allowance results in two forms of allocations, specific and general. These two components represent the total allowance for credit losses deemed adequate to cover probable losses inherent in the loan portfolio. Commercial loans are subject to a dual standardized grading process administered by the credit administration function. These grade assignments are performed independent of each other and a consensus is reached by credit administration and the loan review officer. Specific allowances are established in cases where management has identified significant conditions or circumstances related to an individual credit that indicate it should be evaluated on an individual basis. Considerations with respect to specific allocations for these individual credits include, but are not limited to, the following: (a) the sufficiency of the customer’s cash flow or net worth to repay the loan; (b) the adequacy of the discounted value of collateral relative to the loan balance; (c) whether the loan has been criticized in a regulatory examination; (d) whether the loan is nonperforming; (e) any other reasons the ultimate collectability of the loan may be in question; or (f) any unique loan characteristics that require special monitoring. Allocations are also applied to categories of loans considered not to be individually analyzed, but for which the rate of loss is expected to be consistent with or greater than historical averages. Such allocations are based on past loss experience and information about specific borrower situations and estimated collateral values. These general pooled loan allocations are performed for portfolio segments of commercial and industrial; commercial real estate, multi-family, and construction; agri-business and agricultural; other commercial loans; and consumer 1-4 family mortgage and other consumer loans. General allocations of the allowance are determined by a historical loss rate based on the calculation of each pool’s probability of default-loss given default, subject to a floor. The length of the historical period for each pool is based on the average life of the pool. The historical loss rates are supplemented with consideration of economic conditions and portfolio trends. Due to the imprecise nature of estimating the allowance for credit losses, the Company’s allowance for credit losses includes an immaterial unallocated component. The unallocated component of the allowance for credit losses incorporates the Company’s judgmental determination of potential expected losses that may not be fully reflected in other allocations. As a practical expedient, the Company has elected to disclose accrued interest separately from loan principal balances on the consolidated balance sheet. Additionally, when a loan is placed on non-accrual, interest payments are reversed through interest income. For off balance sheet credit exposures outlined in the ASU at 326-20-30-11, it is the Company’s position that nearly all of the unfunded amounts on lines of credit are unconditionally cancellable, and therefore not subject to having a liability recorded. The following tables present the activity in the allowance for credit losses by portfolio segment for the periods ended: (dollars in thousands) Commercial and Industrial Commercial Real Estate and Multifamily Residential Agri-business and Agricultural Other Commercial Consumer 1-4 Family Mortgage Other Consumer Unallocated Total Three Months Ended September 30, 2023 Beginning balance, July 1 $ 30,978 $ 30,913 $ 4,402 $ 1,120 $ 3,448 $ 846 $ 351 $ 72,058 Provision for credit losses (167) 230 (139) (102) 197 283 98 400 Loans charged-off (193) 0 0 0 (149) (138) 0 (480) Recoveries 21 12 0 0 3 91 0 127 Net loans (charged-off) recovered (172) 12 0 0 (146) (47) 0 (353) Ending balance $ 30,639 $ 31,155 $ 4,263 $ 1,018 $ 3,499 $ 1,082 $ 449 $ 72,105 (dollars in thousands) Commercial and Industrial Commercial Real Estate and Multifamily Residential Agri-business and Agricultural Other Commercial Consumer 1-4 Family Mortgage Other Consumer Unallocated Total Three Months Ended September 30, 2022 Beginning balance, July 1 $ 31,195 $ 26,448 $ 4,753 $ 713 $ 2,674 $ 1,093 $ 647 $ 67,523 Provision for credit losses 1,357 (678) (547) 16 (197) 71 (22) 0 Loans charged-off (222) 0 0 0 (20) (131) 0 (373) Recoveries 18 25 0 0 3 43 0 89 Net loans (charged-off) recovered (204) 25 0 0 (17) (88) 0 (284) Ending balance $ 32,348 $ 25,795 $ 4,206 $ 729 $ 2,460 $ 1,076 $ 625 $ 67,239 (dollars in thousands) Commercial and Industrial Commercial Real Estate and Multifamily Residential Agri-business and Agricultural Other Commercial Consumer 1-4 Family Mortgage Other Consumer Unallocated Total Nine Months Ended September 30, 2023 Beginning balance, January 1 $ 35,290 $ 27,394 $ 4,429 $ 917 $ 3,001 $ 1,021 $ 554 $ 72,606 Provision for credit losses 1,065 3,465 (166) 101 642 548 (105) 5,550 Loans charged-off (5,844) 0 0 0 (163) (759) 0 (6,766) Recoveries 128 296 0 0 19 272 0 715 Net loans (charged-off) recovered (5,716) 296 0 0 (144) (487) 0 (6,051) Ending balance $ 30,639 $ 31,155 $ 4,263 $ 1,018 $ 3,499 $ 1,082 $ 449 $ 72,105 (dollars in thousands) Commercial and Industrial Commercial Real Estate and Multifamily Residential Agri-business and Agricultural Other Commercial Consumer 1-4 Family Mortgage Other Consumer Unallocated Total Nine Months Ended September 30, 2022 Beginning balance, January 1 $ 30,595 $ 26,535 $ 5,034 $ 1,146 $ 2,866 $ 1,147 $ 450 $ 67,773 Provision for credit losses 1,948 (168) (828) (417) (411) 118 175 417 Loans charged-off (254) (597) 0 0 (42) (318) 0 (1,211) Recoveries 59 25 0 0 47 129 0 260 Net loans (charged-off) recovered (195) (572) 0 0 5 (189) 0 (951) Ending balance $ 32,348 $ 25,795 $ 4,206 $ 729 $ 2,460 $ 1,076 $ 625 $ 67,239 Credit Quality Indicators The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes commercial loans individually by classifying the loans as to credit risk. This analysis is performed on a quarterly basis for Special Mention, Substandard and Doubtful grade loans and annually on Pass grade loans over $250,000. The Company uses the following definitions for risk ratings: Special Mention. Loans classified as Special Mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the Company’s credit position at some future date. Substandard. Loans classified as Substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Doubtful. Loans classified as Doubtful have all the weaknesses inherent in those classified as Substandard, with the added characteristics that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loans are considered to be "Pass" rated when they are reviewed as part of the previously described process and do not meet the criteria above, which are evaluated and listed with Substandard commercial grade loans and consumer nonaccrual loans, which are evaluated individually and listed with “Not Rated” loans. Loans listed as Not Rated are consumer loans or commercial loans with consumer characteristics included in groups of homogenous loans which are analyzed for credit quality indicators utilizing delinquency status. The following table summarizes the risk category of loans by loan segment and year of origination as of September 30, 2023: (dollars in thousands) 2023 2022 2021 2020 2019 Prior Term Total Revolving Total Commercial and industrial loans: Working capital lines of credit loans: Pass $ 233 $ 1,959 $ 2,342 $ 1,250 $ 0 $ 0 $ 5,784 $ 509,151 $ 514,935 Special Mention 0 0 0 0 0 0 0 67,764 67,764 Substandard 0 310 75 0 139 0 524 6,155 6,679 Total 233 2,269 2,417 1,250 139 0 6,308 583,070 589,378 Working capital lines of credit loans: Current period gross write offs 0 0 0 0 125 0 125 161 286 Non-working capital loans: Pass 147,472 257,402 91,572 54,567 35,601 15,151 601,765 168,621 770,386 Special Mention 490 8,926 1,051 2,279 2,644 5,643 21,033 5,253 26,286 Substandard 575 2,699 689 4,036 62 632 8,693 564 9,257 Not Rated 2,008 2,308 1,012 964 214 36 6,542 0 6,542 Total 150,545 271,335 94,324 61,846 38,521 21,462 638,033 174,438 812,471 Non-working capital loans: Current period gross write offs 0 5,400 0 0 118 0 5,518 40 5,558 Commercial real estate and multi-family residential loans: Construction and land development loans: Pass 41,662 20,498 10,870 13,078 178 0 86,286 544,725 631,011 Special Mention 0 0 0 0 0 0 0 0 0 Total 41,662 20,498 10,870 13,078 178 0 86,286 544,725 631,011 Construction and land development loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Owner occupied loans: Pass 114,935 135,960 158,405 132,051 65,426 129,363 736,140 36,067 772,207 Special Mention 6,696 694 8,449 0 1,735 2,758 20,332 14,628 34,960 Substandard 223 265 0 1,476 352 1,160 3,476 0 3,476 Total 121,854 136,919 166,854 133,527 67,513 133,281 759,948 50,695 810,643 Owner occupied loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Nonowner occupied loans: Pass 85,176 176,453 130,612 130,626 88,244 72,871 683,982 43,097 727,079 Special Mention 4,552 0 6,352 0 0 2,268 13,172 0 13,172 Total 89,728 176,453 136,964 130,626 88,244 75,139 697,154 43,097 740,251 Nonowner occupied loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Multifamily loans: Pass 78,741 23,445 9,094 35,972 33,621 30,149 211,022 5,518 216,540 Special Mention 19,735 0 0 0 0 0 19,735 0 19,735 Total 98,476 23,445 9,094 35,972 33,621 30,149 230,757 5,518 236,275 Multifamily loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Agri-business and agricultural loans: Loans secured by farmland: Pass 20,352 32,883 25,842 27,886 9,940 20,114 137,017 46,102 183,119 Special Mention 0 0 0 0 8 0 8 0 8 Substandard 0 0 0 0 0 105 105 0 105 Total 20,352 32,883 25,842 27,886 9,948 20,219 137,130 46,102 183,232 Loans secured by farmland: Current period gross write offs 0 0 0 0 0 0 0 0 0 Loans for agricultural production: Pass 27,282 11,290 27,881 26,015 3,981 11,077 107,526 88,811 196,337 Special Mention 0 0 201 351 0 0 552 500 1,052 Total 27,282 11,290 28,082 26,366 3,981 11,077 108,078 89,311 197,389 Loans for agricultural production: Current period gross write offs 0 0 0 0 0 0 0 0 0 Other commercial loans: Pass 6,057 28,024 39,057 14,778 102 7,488 95,506 27,640 123,146 Special Mention 0 0 0 0 0 2,607 2,607 0 2,607 Total 6,057 28,024 39,057 14,778 102 10,095 98,113 27,640 125,753 Other commercial loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans: Pass 8,072 10,663 12,954 9,354 4,476 4,753 50,272 9,674 59,946 Special Mention 0 0 0 527 0 0 527 0 527 Substandard 0 0 96 125 0 258 479 0 479 Not Rated 45,488 52,631 39,206 17,653 4,378 26,466 185,822 0 185,822 Total 53,560 63,294 52,256 27,659 8,854 31,477 237,100 9,674 246,774 Closed end first mortgage loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Open end and junior lien loans: Pass 565 137 504 339 0 7 1,552 8,722 10,274 Substandard 0 0 0 0 27 48 75 129 204 Not Rated 21,491 32,685 9,517 1,780 2,547 2,196 70,216 110,806 181,022 Total 22,056 32,822 10,021 2,119 2,574 2,251 71,843 119,657 191,500 Open end and junior lien loans: Current period gross write offs 0 50 14 0 0 0 64 99 163 Residential construction loans: Not Rated 1,551 7,352 1,546 857 269 1,230 12,805 0 12,805 Total 1,551 7,352 1,546 857 269 1,230 12,805 0 12,805 Residential construction loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Other consumer loans: Pass 1,908 808 1,505 358 0 0 4,579 13,393 17,972 Substandard 0 0 0 0 3 0 3 0 3 Not Rated 23,815 19,098 11,043 6,686 1,952 2,275 64,869 10,639 75,508 Total 25,723 19,906 12,548 7,044 1,955 2,275 69,451 24,032 93,483 Other consumer loans: Current period gross write offs 1 255 91 6 212 1 566 193 759 Total period gross write offs 1 5,705 105 6 455 1 6,273 493 6,766 Total Loans $ 659,079 $ 826,490 $ 589,875 $ 483,008 $ 255,899 $ 338,655 $ 3,153,006 $ 1,717,959 $ 4,870,965 As of September 30, 2023, $1.5 million in PPP loans were included in the "Pass" category of non-working capital commercial and industrial loans. These loans were included in this risk rating category because they are fully guaranteed by the Small Business Administration ("SBA"). The following table summarizes the risk category of loans by loan segment and year of origination as of December 31, 2022: (dollars in thousands) 2022 2021 2020 2019 2018 Prior Term Total Revolving Total Commercial and industrial loans: Working capital lines of credit loans: Pass $ 2,207 $ 2,718 $ 1,601 $ 0 $ 0 $ 0 $ 6,526 $ 597,108 $ 603,634 Special Mention 0 0 0 0 0 0 0 36,410 36,410 Substandard 200 0 0 300 0 0 500 10,495 10,995 Total 2,407 2,718 1,601 300 0 0 7,026 644,013 651,039 Non-working capital loans: Pass 272,273 124,600 91,850 47,711 9,981 13,670 560,085 240,490 800,575 Special Mention 448 1,620 0 109 159 2,961 5,297 2,153 7,450 Substandard 11,831 872 5,021 194 1,351 3,979 23,248 4,171 27,419 Not Rated 2,891 1,550 1,254 413 120 23 6,251 0 6,251 Total 287,443 128,642 98,125 48,427 11,611 20,633 594,881 246,814 841,695 Commercial real estate and multi-family residential loans: Construction and land development loans: Pass 26,889 19,944 14,026 356 0 0 61,215 453,953 515,168 Total 26,889 19,944 14,026 356 0 0 61,215 453,953 515,168 Owner occupied loans: Pass 113,656 179,014 139,880 97,353 65,519 97,335 692,757 40,533 733,290 Special Mention 2,960 7,608 0 446 1,491 8,054 20,559 0 20,559 Substandard 308 105 1,491 373 1,161 229 3,667 0 3,667 Total 116,924 186,727 141,371 98,172 68,171 105,618 716,983 40,533 757,516 Nonowner occupied loans: Pass 194,294 125,190 134,661 91,907 15,109 64,874 626,035 68,603 694,638 Special Mention 0 11,024 0 0 0 0 11,024 0 11,024 Total 194,294 136,214 134,661 91,907 15,109 64,874 637,059 68,603 705,662 Multifamily loans: Pass 38,460 25,741 36,929 35,695 2,046 28,866 167,737 7,349 175,086 Special Mention 21,855 0 0 0 0 0 21,855 0 21,855 Total 60,315 25,741 36,929 35,695 2,046 28,866 189,592 7,349 196,941 Agri-business and agricultural loans: Loans secured by farmland: Pass 38,344 28,684 29,741 9,656 8,145 19,638 134,208 63,094 197,302 Special Mention 260 0 1,676 1,780 0 15 3,731 0 3,731 Substandard 0 0 0 0 0 145 145 0 145 Total 38,604 28,684 31,417 11,436 8,145 19,798 138,084 63,094 201,178 Loans for agricultural production: Pass 6,040 30,262 22,167 3,625 9,248 4,539 75,881 143,599 219,480 Special Mention 947 243 7,262 928 0 0 9,380 2,129 11,509 Total 6,987 30,505 29,429 4,553 9,248 4,539 85,261 145,728 230,989 Other commercial loans: Pass 27,097 4,815 17,911 147 931 10,985 61,886 48,295 110,181 Special Mention 0 0 0 0 0 3,160 3,160 0 3,160 Total 27,097 4,815 17,911 147 931 14,145 65,046 48,295 113,341 Consumer 1-4 family mortgage loans: Closed end first mortgage loans: Pass 8,768 12,809 12,289 4,805 4,045 3,860 46,576 5,634 52,210 Special Mention 0 0 552 0 0 0 552 0 552 Substandard 0 0 0 0 83 1,944 2,027 0 2,027 Not Rated 57,404 44,331 20,023 5,936 2,970 27,004 157,668 0 157,668 Total 66,172 57,140 32,864 10,741 7,098 32,808 206,823 5,634 212,457 Open end and junior lien loans: Pass 137 541 357 63 75 0 1,173 5,841 7,014 Substandard 0 0 0 31 49 0 80 111 191 Not Rated 44,472 13,597 3,014 3,616 1,476 2,252 68,427 101,750 170,177 Total 44,609 14,138 3,371 3,710 1,600 2,252 69,680 107,702 177,382 Residential construction loans: Not Rated 14,463 2,167 897 291 129 1,223 19,170 0 19,170 Total 14,463 2,167 897 291 129 1,223 19,170 0 19,170 Other consumer loans: Pass 1,344 1,841 432 600 0 948 5,165 16,152 21,317 Substandard 0 0 0 210 0 0 210 0 210 Not Rated 24,395 14,563 9,168 3,606 2,755 1,352 55,839 10,492 66,331 Total 25,739 16,404 9,600 4,416 2,755 2,300 61,214 26,644 87,858 TOTAL $ 911,943 $ 653,839 $ 552,202 $ 310,151 $ 126,843 $ 297,056 $ 2,852,034 $ 1,858,362 $ 4,710,396 As of December 31, 2022, $1.5 million in PPP loans were included in the "Pass" category of non-working capital commercial and industrial loans. These loans were included in this risk rating category because they are fully guaranteed by the SBA. Nonaccrual and Past Due Loans: The Company does not record interest on nonaccrual loans until principal is recovered. For all loan classes, a loan is generally placed on nonaccrual status when principal or interest becomes 90 days past due unless it is well secured and in the process of collection, or earlier when concern exists as to the ultimate collectability of principal or interest. Interest accrued but not received is reversed against earnings. Cash interest received on these loans is applied to the principal balance until the principal is recovered or until the loan returns to accrual status. Loans may be returned to accrual status when all the principal and interest amounts contractually due are brought current, remain current for a prescribed period, and future payments are reasonably assured. The following table presents the aging of the amortized cost basis in past due loans as of September 30, 2023 by class of loans and loans past due 90 days or more and still accruing by class of loan: (dollars in thousands) Loans Not Past Due 30-89 Days Past Due Greater than 89 Days Past Due and Accruing Total Accruing Total Nonaccrual Nonaccrual With No Allowance For Credit Loss Total Commercial and industrial loans: Working capital lines of credit loans $ 583,816 $ 190 $ 0 $ 584,006 $ 5,372 $ 109 $ 589,378 Non-working capital loans 805,042 205 0 805,247 7,224 253 812,471 Commercial real estate and multi-family residential loans: Construction and land development loans 631,011 0 0 631,011 0 0 631,011 Owner occupied loans 807,741 0 0 807,741 2,902 1,426 810,643 Nonowner occupied loans 740,251 0 0 740,251 0 0 740,251 Multifamily loans 236,275 0 0 236,275 0 0 236,275 Agri-business and agricultural loans: Loans secured by farmland 183,128 0 0 183,128 104 0 183,232 Loans for agricultural production 197,389 0 0 197,389 0 0 197,389 Other commercial loans 125,753 0 0 125,753 0 0 125,753 Consumer 1‑4 family mortgage loans: Closed end first mortgage loans 245,544 729 19 246,292 482 336 246,774 Open end and junior lien loans 191,127 171 0 191,298 202 202 191,500 Residential construction loans 12,805 0 0 12,805 0 0 12,805 Other consumer loans 92,995 484 0 93,479 4 4 93,483 Total $ 4,852,877 $ 1,779 $ 19 $ 4,854,675 $ 16,290 $ 2,330 $ 4,870,965 As of September 30, 2023 there were an insignificant number of loans 30-89 days past due or greater than 89 days past due on nonaccrual. Additionally, interest income recognized on nonaccrual loans was insignificant during the three and nine month periods ended September 30, 2023. The following table presents the aging of the amortized cost basis in past due loans as of December 31, 2022 by class of loans and loans past due 90 days or more and still accruing by class of loan: (dollars in thousands) Loans Not Past Due 30-89 Days Past Due Greater than 89 Days Past Due and Accruing Total Accruing Total Nonaccrual Nonaccrual With No Allowance For Credit Loss Total Commercial and industrial loans: Working capital lines of credit loans $ 649,529 $ 68 $ 0 $ 649,597 $ 1,442 $ 0 $ 651,039 Non-working capital loans 830,033 39 1 830,073 11,622 727 841,695 Commercial real estate and multi-family residential loans: Construction and land development loans 515,168 0 0 515,168 0 0 515,168 Owner occupied loans 754,451 0 0 754,451 3,065 1,469 757,516 Nonowner occupied loans 705,662 0 0 705,662 0 0 705,662 Multifamily loans 196,941 0 0 196,941 0 0 196,941 Agri-business and agricultural loans: Loans secured by farmland 201,033 0 0 201,033 145 0 201,178 Loans for agricultural production 230,989 0 0 230,989 0 0 230,989 Other commercial loans 113,341 0 0 113,341 0 0 113,341 Consumer 1‑4 family mortgage loans: Closed end first mortgage loans 211,736 306 122 212,164 293 225 212,457 Open end and junior lien loans 176,758 436 0 177,194 188 188 177,382 Residential construction loans 19,170 0 0 19,170 0 0 19,170 Other consumer loans 87,333 316 0 87,649 209 6 87,858 Total $ 4,692,144 $ 1,165 $ 123 $ 4,693,432 $ 16,964 $ 2,615 $ 4,710,396 As of December 31, 2022 there were an insignificant number of loans 30-89 days past due or greater than 89 days past due on nonaccrual. Additionally, interest income recognized on nonaccrual loans was insignificant during the year ended December 31, 2022. When management determines that foreclosure is probable, expected credit losses for collateral dependent loans are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. A loan is considered collateral dependent when the borrower is experiencing financial difficulty and the loan is expected to be repaid substantially through the operation or sale of the collateral. The class of loan represents the primary collateral type associated with the loan. Significant quarter over quarter changes are reflective of changes in nonaccrual status and not necessarily associated with credit quality indicators like appraisal value. The following tables present the amortized cost basis of collateral dependent loans by class of loan as of: September 30, 2023 (dollars in thousands) Real Estate General Other Total Commercial and industrial loans: Working capital lines of credit loans $ 50 $ 5,063 $ 109 $ 5,222 Non-working capital loans 44 6,689 394 7,127 Commercial real estate and multi-family residential loans: Owner occupied loans 617 1,476 1,161 3,254 Agri-business and agricultural loans: Loans secured by farmland 0 104 0 104 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 482 0 0 482 Open end and junior lien loans 202 0 0 202 Other consumer loans 0 0 4 4 Total $ 1,395 $ 13,332 $ 1,668 $ 16,395 December 31, 2022 (dollars in thousands) Real Estate General Other Total Commercial and industrial loans: Working capital lines of credit loans $ 50 $ 5,402 $ 0 $ 5,452 Non-working capital loans 544 18,109 229 18,882 Commercial real estate and multi-family residential loans: Owner occupied loans 413 1,491 1,161 3,065 Agri-business and agricultural loans: Loans secured by farmland 0 145 0 145 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,030 0 0 2,030 Open end and junior lien loans 188 0 0 188 Other consumer loans 0 0 7 7 Total $ 3,225 $ 25,147 $ 1,397 $ 29,769 Loan Modifications Made to Borrowers Experiencing Financial Difficulty The allowance for credit losses incorporates an estimate of lifetime expected credit losses and is recorded on each asset upon origination. The starting point to determine estimate such credit losses is historical loss information. The Company uses a probability of default/loss given default model to determine the allowance for credit losses recorded at origination. Occasionally, the Company subsequently modifies loans for borrowers experiencing financial distress by providing the following forms of relief: forgiveness of loan principal, extension of repayment terms, or an interest rate reduction, among other possible concessions. In some instances, the Company provides multiple types of concessions for such modifications. Because the effect of most modifications to borrowers experiencing financial difficulty is already included in the allowance for credit losses, no change to the allowance for credit losses is generally recorded for these modifications. The following tables present the amortized cost basis at the end of the reporting period of loans that were experiencing financial difficulty and received a modification of terms during the three and nine months ended September 30, 2023, by class and type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivables at the end of the reporting period is also presented below: (dollars in thousands) Interest Rate Reduction Combination Interest Rate Reduction and Term Extension Combination Principal Forgiveness, Interest Rate Reduction and Term Extension Total Modifications Total Class of Financing Receivable Three Months Ended September 30, 2023 Commercial and industrial loans: Working capital lines of credit loans $ 2,000 $ 931 $ 0 $ 2,931 0.50 % Non-working capital loans 0 0 0 0 0.00 Total commercial and industrial loans 2,000 931 0 2,931 0.21 Total loan modifications made to borrowers experiencing financial difficulty $ 2,000 $ 931 $ 0 $ 2,931 0.06 % (dollars in thousands) Interest Rate Reduction Combination Interest Rate Reduction and Term Extension Combination Principal Forgiveness, Interest Rate Reduction and Term Extension Total Modifications Total Class of Financing Receivable Nine Months Ended September 30, 2023 Commercial and industrial loans: Working capital lines of credit loans $ 2,000 $ 931 $ 0 $ 2,931 0.50 % Non-working capital loans 0 0 1,596 1,596 0.20 Total commercial and industrial loans 2,000 931 1,596 4,527 0.32 Total loan modifications made to borrowers experiencing financial difficulty $ 2,000 $ 931 $ 1,596 $ 4,527 0.09 % The Company has no material commitments to lend additional funds to borrowers included in the previous tables. The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three and nine months ended September 30, 2023: (dollars in thousands) Principal Forgiveness Interest Rate Reduction Term Extension Total Class of Financing Receivable Three Months Ended September 30, 2023 Commercial and industrial loans: Working capital lines of credit loans $ 0 Reduction of two variable Prime Rate lines of credit to 1.00% Fixed Reduction of one variable line of credit from Prime plus 1.00% to 1.00% Fixed Extension of terms for one variable rate line of credit from 12 months to 120 months 0.50 % Non-working capital loans 0 No modifications No modifications 0.00 % (dollars in thousands) Principal Forgiveness Interest Rate Reduction Term Extension Total Class of Financing Receivable Nine Months Ended September 30, 2023 Commercial and industrial loans: Working capital lines of credit loans $ 0 Reduction of two variable Prime Rate lines of credit to 1.00% Fixed Reduction of one variable line of credit from Prime plus 1.00% to 1.00% Fixed Term extension for one variable rate line of credit from 12 months to 120 months 0.50 % Non-working capital loans 9,380 Reduction of one term loan from Prime plus 0.75% to 1.00% Fixed Term extension from 40 months to 300 months 0.20 During the three and nine months ended September 30, 2022, no modifications were made to loans for borrowers experiencing financial difficulty. The Company closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. At September 30, 2023, no loans receiving such a modification within the last twelve months were 30 days or greater past due. At September 30, 2023, no loans receiving a modification due to borrower financial difficulty within the last twelve months experienced a payment default. Upon the Company's determination that a modified loan (or portion thereof) has subsequently been deemed uncollectible, the loan (or a portion thereof) is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.

BORROWINGS

BORROWINGS	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS For the period ended September 30, 2023, the Company had an advance outstanding from the FHLB in the amount of $90.0 million. The outstanding advance was a fixed rate bullet advance with an interest rate of 5.55% and matured October 6, 2023. For the period ended December 31, 2022, the Company had a fixed rate bullet advance from the FHLB with an interest rate of 4.21% in the amount of $275.0 million that matured on January 5, 2023. On August 2, 2019 the Company entered into an unsecured revolving credit agreement with another financial institution allowing the Company to borrow up to $30.0 million; this credit agreement was subsequently amended and renewed on July 29, 2023 for $12.5 million. Funds provided under the agreement could be used to repurchase shares of the Company’s common stock under the share repurchase program, which was reauthorized by the Company’s board of directors on April 11, 2023 and expires on April 30, 2025, and for general operations. The credit agreement included a negative pledge agreement whereby the Company agreed not to pledge or otherwise encumber the stock of the Bank. The credit agreement had a one year term which may be amended, extended, modified or renewed. There were no outstanding borrowings on the credit agreement at September 30, 2023 and December 31, 2022. This unsecured revolving credit agreement was terminated on October 11, 2023 and replaced by a new revolving credit agreement with a different financial institution. The new unsecured revolving credit agreement was effective October 11, 2023, for $30.0 million.

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES	FAIR VALUE DISCLOSURES Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1 Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Company used the following methods and significant assumptions to estimate the fair value of each type of financial instrument: Securities: Securities available-for-sale are valued primarily by a third party pricing service. The fair values of securities available-for-sale are determined on a recurring basis by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs) or pricing models which utilize significant observable inputs such as matrix pricing. This is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). These models utilize the market approach with standard inputs that include, but are not limited to benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data. For certain municipal securities that are not rated and observable inputs about the specific issuer are not available, fair values are estimated using observable data from other municipal securities presumed to be similar or other market data on other non-rated municipal securities (Level 3 inputs). The Company’s Finance Department, which is responsible for all accounting and SEC disclosure compliance, and the Company’s Treasury Department, which is responsible for investment portfolio management and asset/liability modeling, are the two areas that determine the Company’s valuation policies and procedures. Both of these areas report directly to the Executive Vice President and Chief Financial Officer of the Company. For assets or liabilities that may be considered for Level 3 fair value measurement on a recurring basis, these two departments and the Executive Vice President and Chief Financial Officer determine the appropriate level of the assets or liabilities under consideration. If there are new assets or liabilities that are determined to be Level 3 by this group, the Risk Management Committee of the Company and the Audit Committee of the Board are made aware of such assets at their next scheduled meeting. Securities pricing is obtained on securities from a third party pricing service and all security prices are tested annually against prices from another third party provider and reviewed with a market value price tolerance variance that varies by sector: municipal securities +/-5%, government MBS/CMO +/-3% and U.S. treasuries +/-1%. If any securities fall outside the tolerance threshold and have a variance of $100,000 or more, a determination of materiality is made for the amount over the threshold. Any security that would have a material threshold difference would be further investigated to determine why the variance exists and if any action is needed concerning the security pricing for that individual security. Changes in market value are reviewed monthly in aggregate by security type and any material changes are reviewed to determine why they exist. At least annually, the pricing methodology of the pricing service is received and reviewed to support the fair value levels used by the Company. A detailed pricing evaluation is requested and reviewed on any security determined to be fair valued using unobservable inputs by the pricing service. Mortgage banking derivative: The fair values of mortgage banking derivatives are based on observable market data as of the measurement date (Level 2). Interest rate swap derivatives: Our derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices and indices to generate continuous yield or pricing curves, prepayment rates, and volatility factors to value the position. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. The fair value of interest rate swap derivatives is determined by pricing or valuation models using observable market data as of the measurement date (Level 2). Collateral dependent loans: Collateral dependent loans with specific allocations of the allowance for credit losses are generally based on the fair value of the underlying collateral when repayment is expected solely from the collateral. Fair value is determined using several methods. Generally, the fair value of real estate is based on appraisals by qualified third party appraisers. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and result in a Level 3 classification of the inputs for determining fair value. In addition, the Company’s management routinely applies internal discount factors to the value of appraisals used in the fair value evaluation of collateral dependent loans. The deductions to the appraisals take into account changing business factors and market conditions, as well as value impairment in cases where the appraisal date predates a likely change in market conditions. Commercial real estate is generally discounted from its appraised value by 30-50% with the higher discounts applied to real estate that is determined to have a thin trading market or to be specialized collateral. In addition to real estate, the Company’s management evaluates other types of collateral as follows: (a) raw and finished inventory is discounted from its cost or book value by 40-60%, depending on the marketability of the goods (b) finished goods are generally discounted by 40-60%, depending on the ease of marketability, cost of transportation or scope of use of the finished good (c) work in process inventory is typically discounted by 60%-100%, depending on the length of manufacturing time, types of components used in the completion process, and the breadth of the user base (d) equipment is valued at a percentage of depreciated book value or recent appraised value, if available, and is typically discounted at 20-50% after various considerations including age and condition of the equipment, marketability, breadth of use, and whether the equipment includes unique components or add-ons; and (e) marketable securities are discounted by 10%-30%, depending on the type of investment, age of valuation report and general market conditions. This methodology is based on a market approach and typically results in a Level 3 classification of the inputs for determining fair value. Mortgage servicing rights: As of September 30, 2023, the fair value of the Company’s Level 3 servicing assets for residential mortgage loans (“MSRs”) was $2.3 million, carried at amortized cost and no valuation reserve. These residential mortgage loans have a weighted average interest rate of 3.5%, a weighted average maturity of 20 years and are secured by homes generally within the Company’s market area of Northern Indiana and Indianapolis. A third-party valuation is used to estimate fair value by stratifying the portfolios on the basis of certain risk characteristics, including loan type and interest rate. Impairment is estimated based on an income approach. The inputs used include estimates of prepayment speeds, discount rate, cost to service, escrow account earnings, contractual servicing fee income, ancillary income, late fees and float income. The most significant assumption used to value MSRs is prepayment rate. Prepayment rates are estimated based on published industry consensus prepayment rates. The most significant unobservable assumption is the discount rate. At September 30, 2023, the constant prepayment speed (“PSA”) used was 148 and used a discount rate range of 9.5%-11.5%. At December 31, 2022, the PSA used was 159 and the discount rate used was 9.5%. Other real estate owned: Nonrecurring adjustments to certain commercial and residential real estate properties classified as other real estate owned are measured at the lower of carrying amount or fair value less costs to sell. Fair values are generally based on third party appraisals of the property and are reviewed by the Company’s internal appraisal officer. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable properties used to determine value. Such adjustments are usually significant and result in a Level 3 classification. In addition, the Company’s management may apply discount factors to the appraisals to take into account changing business factors and market conditions, as well as value impairment in cases where the appraisal date predates a likely change in market conditions. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. Real estate mortgage loans held-for-sale : Real estate mortgage loans held-for-sale are carried at the lower of cost or fair value, as determined by outstanding commitments, from third party investors, and result in a Level 2 classification. The tables below present the balances of assets measured at fair value on a recurring basis: September 30, 2023 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 Assets: U.S. Treasury securities $ 2,861 $ 0 $ 0 $ 2,861 U.S. government sponsored agency securities 0 115,671 0 115,671 Mortgage-backed securities: residential 0 429,662 0 429,662 State and municipal securities 0 425,348 1,990 427,338 Total securities available-for-sale 2,861 970,681 1,990 975,532 Mortgage banking derivative 0 66 0 66 Interest rate swap derivative 0 42,035 0 42,035 Total assets $ 2,861 $ 1,012,782 $ 1,990 $ 1,017,633 Liabilities: Interest rate swap derivative 0 42,036 0 42,036 Total liabilities $ 0 $ 42,036 $ 0 $ 42,036 December 31, 2022 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 Assets: U.S. Treasury securities $ 3,034 $ 0 $ 0 $ 3,034 U.S. government sponsored agency securities 0 126,961 0 126,961 Mortgage-backed securities: residential 0 492,308 0 492,308 State and municipal securities 0 561,150 2,075 563,225 Total securities available-for-sale 3,034 1,180,419 2,075 1,185,528 Mortgage banking derivative 0 43 0 43 Interest rate swap derivative 0 36,920 0 36,920 Total assets $ 3,034 $ 1,217,382 $ 2,075 $ 1,222,491 Liabilities: Interest rate swap derivative 0 36,921 0 36,921 Total liabilities $ 0 $ 36,921 $ 0 $ 36,921 The fair value of Level 3 available-for-sale securities was immaterial and thus did not require additional recurring fair value disclosure. The tables below present the balances of assets measured at fair value on a nonrecurring basis: September 30, 2023 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 Assets Collateral dependent loans: Commercial and industrial loans: Working capital lines of credit loans $ 0 $ 0 $ 2,832 $ 2,832 Non-working capital loans 0 0 2,187 2,187 Commercial real estate and multi-family residential loans: Owner occupied loans 0 0 369 369 Agri-business and agricultural loans: Loans secured by farmland 0 0 26 26 Total collateral dependent loans 0 0 5,414 5,414 Other real estate owned 0 0 384 384 Total assets $ 0 $ 0 $ 5,798 $ 5,798 December 31, 2022 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 Assets Collateral dependent loans: Commercial and industrial loans: Working capital lines of credit loans $ 0 $ 0 $ 3,178 $ 3,178 Non-working capital loans 0 0 8,354 8,354 Commercial real estate and multi-family residential loans: Owner occupied loans 0 0 425 425 Agri-business and agricultural loans: Loans secured by farmland 0 0 35 35 Total collateral dependent loans 0 0 11,992 11,992 Other real estate owned 0 0 100 100 Total assets $ 0 $ 0 $ 12,092 $ 12,092 The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at September 30, 2023: (dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Average Range of Inputs Collateral dependent loans: Commercial and industrial $ 5,019 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 74 % 10%-99% Collateral dependent loans: Commercial real estate and multi-family residential loans 369 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 75 % Collateral dependent loans: Agri-business and agricultural 26 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 75 % Other real estate owned 384 Appraisals Discount to reflect current market conditions and ultimate collectability 36 % The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at December 31, 2022: (dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Average Range of Inputs Collateral dependent loans: Commercial and industrial $ 11,532 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 62 % 29%-99% Collateral dependent loans: Commercial real estate and multi-family residential loans 425 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 57 % 37%-76% Collateral dependent loans: Agri-business and agricultural 35 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 76 % Other real estate owned 100 Appraisals Discount to reflect current market conditions and ultimate collectability 68 % The following tables contain the estimated fair values and the related carrying values of the Company’s financial instruments. Items that are not financial instruments are not included. September 30, 2023 Carrying Estimated Fair Value (dollars in thousands) Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 146,280 $ 146,280 $ 0 $ 0 $ 146,280 Securities available-for-sale 975,532 2,861 970,681 1,990 975,532 Securities held-to-maturity 129,494 0 102,629 0 102,629 Real estate mortgages held-for-sale 572 0 594 0 594 Loans, net 4,798,860 0 0 4,598,444 4,598,444 Mortgage banking derivative 66 0 66 0 66 Interest rate swap derivative 42,035 0 42,035 0 42,035 Federal Reserve and Federal Home Loan Bank Stock 21,420 N/A N/A N/A N/A Accrued interest receivable 28,994 0 8,269 20,725 28,994 Financial Liabilities: Certificates of deposit 1,072,091 0 1,060,130 0 1,060,130 All other deposits 4,584,984 4,584,984 0 0 4,584,984 Federal Home Loan Bank advances 90,000 90,000 0 0 90,000 Interest rate swap derivative 42,036 0 42,036 0 42,036 Standby letters of credit 353 0 0 353 353 Accrued interest payable 16,178 581 15,597 0 16,178 December 31, 2022 Carrying Estimated Fair Value (dollars in thousands) Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 130,282 $ 129,069 $ 1,213 $ 0 $ 130,282 Securities available-for-sale 1,185,528 3,034 1,180,419 2,075 1,185,528 Securities held-to-maturity 128,242 0 111,029 0 111,029 Real estate mortgages held-for-sale 357 0 372 0 372 Loans, net 4,637,790 0 0 4,454,678 4,454,678 Mortgage banking derivative 43 0 43 0 43 Interest rate swap derivative 36,920 0 36,920 0 36,920 Federal Reserve and Federal Home Loan Bank Stock 15,795 N/A N/A N/A N/A Accrued interest receivable 27,994 0 9,598 18,396 27,994 Financial Liabilities: Certificates of deposit 626,186 0 621,206 0 621,206 All other deposits 4,834,434 4,834,434 0 0 4,834,434 Federal Funds purchased 22,000 22,000 0 0 22,000 Federal Home Loan Bank advances 275,000 275,000 0 0 275,000 Interest rate swap derivative 36,921 0 36,921 0 36,921 Standby letters of credit 249 0 0 249 249 Accrued interest payable 3,186 486 2,700 0 3,186

OFFSETTING ASSETS AND LIABILITI

OFFSETTING ASSETS AND LIABILITIES	9 Months Ended
	Sep. 30, 2023
OFFSETTING ASSETS AND LIABILITIES
OFFSETTING ASSETS AND LIABILITIES	OFFSETTING ASSETS AND LIABILITIES The following tables summarize gross and net information about financial instruments and derivative instruments that are offset in the statement of financial position or that are subject to an enforceable master netting arrangement at September 30, 2023 and December 31, 2022. September 30, 2023 Gross Amounts of Recognized Assets/Liabilities Gross Amounts Offset in the Statement of Financial Position Net Amounts presented in the Statement of Financial Position Gross Amounts Not Offset in the Statement of Financial Position Net Amount (dollars in thousands) Financial Instruments Cash Collateral Position Assets Interest Rate Swap Derivatives $ 42,035 $ 0 $ 42,035 $ 0 $ (38,225) $ 3,810 Total Assets $ 42,035 $ 0 $ 42,035 $ 0 $ (38,225) $ 3,810 Liabilities Interest Rate Swap Derivatives $ 42,036 $ 0 $ 42,036 $ 0 $ (90) $ 41,946 Total Liabilities $ 42,036 $ 0 $ 42,036 $ 0 $ (90) $ 41,946 December 31, 2022 Gross Amounts of Recognized Assets/Liabilities Gross Amounts Offset in the Statement of Financial Position Net Amounts presented in the Statement of Financial Position Gross Amounts Not Offset in the Statement of Financial Position Net Amount (dollars in thousands) Financial Instruments Cash Collateral Position Assets Interest Rate Swap Derivatives $ 36,920 $ 0 $ 36,920 $ 0 $ (34,185) $ 2,735 Total Assets $ 36,920 $ 0 $ 36,920 $ 0 $ (34,185) $ 2,735 Liabilities Interest Rate Swap Derivatives $ 36,921 $ 0 $ 36,921 $ 0 $ (90) $ 36,831 Total Liabilities $ 36,921 $ 0 $ 36,921 $ 0 $ (90) $ 36,831 If an event of default occurs causing an early termination of an interest rate swap derivative, any early termination amount payable to one party by the other party may be reduced by set-off against any other amount payable by the one party to the other party. If a default in performance of any obligation of a repurchase agreement occurs, each party will set-off property held in respect of transactions against obligations owing in respect of any other transactions.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic earnings per common share is net income divided by the weighted average number of common shares outstanding during the period, which includes shares held in treasury on behalf of participants in the Company’s Directors Fee Deferral Plan, and share repurchases. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock based awards and warrants, none of which were antidilutive. Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Weighted average shares outstanding for basic earnings per common share 25,613,456 25,533,832 25,601,493 25,525,734 Dilutive effect of stock based awards 80,079 200,781 108,348 184,354 Weighted average shares outstanding for diluted earnings per common share 25,693,535 25,734,613 25,709,841 25,710,088 Basic earnings per common share $ 0.99 $ 1.12 $ 2.51 $ 3.05 Diluted earnings per common share $ 0.98 $ 1.11 $ 2.49 $ 3.03

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Sep. 30, 2023
OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment and Tax [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the three months ended September 30, 2023 and 2022, all shown net of tax: (dollars in thousands) Unrealized Gains and Losses on Available- Defined Benefit Pension Items Total Balance at July 1, 2023 $ (176,898) $ (747) $ (177,645) Other comprehensive income (loss) before reclassification (50,900) 0 (50,900) Amounts reclassified from accumulated other comprehensive income (loss) 423 11 434 Net current period other comprehensive income (loss) (50,477) 11 (50,466) Balance at September 30, 2023 $ (227,375) $ (736) $ (228,111) (dollars in thousands) Unrealized Gains and Losses on Available- Defined Benefit Pension Items Total Balance at July 1, 2022 $ (157,625) $ (909) $ (158,534) Other comprehensive income (loss) before reclassification (63,620) 0 (63,620) Amounts reclassified from accumulated other comprehensive income (loss) 398 27 425 Net current period other comprehensive income (loss) (63,222) 27 (63,195) Balance at September 30, 2022 $ (220,847) $ (882) $ (221,729) The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the nine months ended September 30, 2023 and 2022, all shown net of tax: (dollars in thousands) Unrealized Gains and Losses on Available- Defined Benefit Pension Items Total Balance at January 1, 2023 $ (188,154) $ (769) $ (188,923) Other comprehensive income (loss) before reclassification (40,407) 0 (40,407) Amounts reclassified from accumulated other comprehensive income (loss) 1,186 33 1,219 Net current period other comprehensive income (loss) (39,221) 33 (39,188) Balance at September 30, 2023 $ (227,375) $ (736) $ (228,111) (dollars in thousands) Unrealized Gains and Losses on Available- Defined Benefit Pension Items Total Balance at January 1, 2022 $ 17,056 $ (963) $ 16,093 Other comprehensive income (loss) before reclassification (238,689) 0 (238,689) Amounts reclassified from accumulated other comprehensive income (loss) 786 81 867 Net current period other comprehensive income (loss) (237,903) 81 (237,822) Balance at September 30, 2022 $ (220,847) $ (882) $ (221,729) Reclassifications out of other accumulated other comprehensive income (loss) for the three months ended September 30, 2023 are as follows: Details about Amount Affected Line Item (dollars in thousands) Amortization of unrealized losses on held-to-maturity securities $ (501) Interest income Realized gains and (losses) on available-for-sale securities (35) Net securities gains (losses) Tax effect 113 Income tax expense (423) Net of tax Amortization of defined benefit pension items (15) Other expense Tax effect 4 Income tax expense (11) Net of tax Total reclassifications for the period $ (434) Net income Reclassifications out of other accumulated comprehensive income (loss) for the three months ended September 30, 2022 are as follows: Details about Amount Affected Line Item (dollars in thousands) Amortization of unrealized losses on held-to-maturity securities $ (504) Interest income Tax effect 106 Income tax expense (398) Net of tax Amortization of defined benefit pension items (36) Other expense Tax effect 9 Income tax expense (27) Net of tax Total reclassifications for the period $ (425) Net income Reclassifications out of accumulated comprehensive income (loss) for the nine months ended September 30, 2023 are as follows: Details about Amount Affected Line Item (dollars in thousands) Amortization of unrealized losses on held-to-maturity securities $ (1,486) Interest income Realized gains and (losses) on available-for-sale securities (16) Net securities gains (losses) Tax effect 316 Income tax expense (1,186) Net of tax Amortization of defined benefit pension items (45) Other expense Tax effect 12 Income tax expense (33) Net of tax Total reclassifications for the period $ (1,219) Net income Reclassifications out of accumulated other comprehensive income (loss) for the nine months ended September 30, 2022 are as follows: Details about Amount Affected Line Item (dollars in thousands) Amortization of unrealized losses on held-to-maturity securities $ (995) Interest income Tax effect 209 Income tax expense (786) Net of tax Amortization of defined benefit pension items (108) Other expense Tax effect 27 Income tax expense (81) Net of tax Total reclassifications for the period $ (867) Net income

LEASES

LEASES	9 Months Ended
	Sep. 30, 2023
Leases [Abstract]
LEASES	LEASES The Company leases certain office facilities under long-term operating lease agreements. The leases expire at various dates through 2037 and some include renewal options. Many of these leases require the payment of property taxes, insurance premiums, maintenance, utilities and other costs. In many cases, rentals are subject to increase in relation to a cost-of-living index. The Company accounts for lease and non-lease components together as a single lease component. The Company determines if an arrangement is a lease at inception. Operating leases are recorded as a right-of-use ("ROU") lease assets and are included in other assets on the consolidated balance sheet. The Company's corresponding lease obligations are included in other liabilities on the consolidated balance sheet. ROU lease assets represent the Company's right to use an underlying asset for the lease term and lease obligations represent the Company's obligation to make lease payments arising from the lease. Operating ROU lease assets and obligations are recognized at the commencement date based on the present value of lease payments over the lease term. As most of the Company's leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The ROU lease asset also includes any lease payments made and excludes lease incentives. The Company's lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Short-term leases are leases having a term of twelve months or less. The Company recognizes short-term leases on a straight-line basis and does not record a related lease asset or liability for such leases, as allowed as a practical expedient of the standard. The following is a maturity analysis of the operating lease liabilities as of September 30, 2023: Years ending December 31, (in thousands) Operating Lease Obligation 2023 $ 183 2024 744 2025 756 2026 730 2027 753 2028 and thereafter 2,185 Total undiscounted lease payments 5,351 Less imputed interest (503) Lease liability $ 4,848 Right-of-use asset $ 4,848 Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2023 2022 2023 2022 Lease cost Operating lease cost $ 241 $ 169 $ 719 $ 502 Short-term lease cost 4 4 12 18 Total lease cost $ 245 $ 173 $ 731 $ 520 Other information Operating cash outflows from operating leases $ 241 $ 169 $ 719 $ 502 Weighted-average remaining lease term - operating leases 6.5 years 7.5 years 6.5 years 7.5 years Weighted average discount rate - operating leases 2.5 % 2.5 % 2.5 % 2.5 %

LOSS CONTINGENCIES

LOSS CONTINGENCIES	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
LOSS CONTINGENCIES	LOSS CONTINGENCIES Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. The Bank discovered potentially fraudulent activity by a former treasury management client involving multiple banks. The former client subsequently filed several related bankruptcy cases, captioned In re Interlogic Outsourcing, Inc., et al. , which are pending in the United States Bankruptcy Court for the Western District of Michigan. On April 27, 2021, the bankruptcy court entered an order approving an amended plan of liquidation, which was filed by the former client, other debtors and bankruptcy plan proponents, and approving the consolidation of the assets in the aforementioned cases under the Khan IOI Consolidated Estate Trust. On August 9, 2021, the liquidating trustee for the bankruptcy estates filed a complaint against the Bank and the Company, and agreed to stay prosecution of the action through August 31, 2022. The original complaint focused on a series of business transactions among the client, related entities and the Bank, which the liquidating trustee alleged are voidable under applicable federal bankruptcy and state law. The complaint also addressed treatment of the Bank's claims filed in the bankruptcy cases. On August 31, 2022, the trustee filed his amended complaint against the former client, the Bank, the Company, four officers of the Bank and one independent director of the Bank. The amended complaint alleged that the former client engaged in a check kiting scheme involving multiple banks. The amended complaint alleged that a series of business transactions among the client, his related entities and the Bank are voidable under applicable bankruptcy and state laws. The amended complaint also alleged that the Bank, the Company and the five individual bank representatives who are named as defendants violated various federal and state laws in assisting the former client in his check kiting scheme. On October 26, 2022, the trustee filed his second amended complaint which was virtually identical to his amended complaint. On January 5, 2023, the Bank, the Company and the five individual bank representatives filed motions to dismiss the second amended complaint. On May 30, 2023, the court issued its decision granting the defendants’ motion to dismiss in part and denying it in part. The court dismissed all claims against the Company and the Bank’s independent director. The court dismissed several of the claims against the defendants but granted the trustee the right to file an amended complaint. On June 20, 2023, the trustee filed his third amended complaint. The trustee alleges many of the same claims that were alleged in his second amended complaint. The defendants filed a motion to dismiss the third amended complaint on July 25, 2023. The Trustee subsequently filed a response to this motion and the parties are currently awaiting a decision from the court to rule on the motion and response as filed or to schedule a hearing for the parties to present arguments on the motion. This activity is expected to occur in the fourth quarter of 2023. Based on current information, we have determined that a material loss is neither probable nor estimable at this time, and the Bank, and the four individual Bank representatives who are named as defendants in the third amended complaint, intend to vigorously defend themselves against all allegations asserted in the third amended complaint.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net income	$ 25,252	$ 28,525	$ 64,141	$ 77,840

Insider Trading Arrangements

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

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidation Policy	This report is filed for Lakeland Financial Corporation (the "Company"), which has two wholly owned subsidiaries, Lake City Bank (the "Bank") and LCB Risk Management, a captive insurance company. Also included in this report are results for the Bank’s wholly owned subsidiary, LCB Investments II, Inc. ("LCB Investments"), which manages the Bank’s investment securities portfolio. LCB Investments owns LCB Funding, Inc. ("LCB Funding"), a real estate investment trust. All significant inter-company balances and transactions have been eliminated in consolidation.
Basis of Accounting Policy	The unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and with the instructions for Form 10-Q. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and are unaudited. In the opinion of management, all adjustments (all of which are normal and recurring in nature) considered necessary for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2023 are not necessarily indicative of the results that may be expected for any subsequent reporting periods, including the year ending December 31, 2023. The Company’s 2022 Annual Report on Form 10-K should be read in conjunction with these statements.
Adoption of New Accounting Standards and Newly Issued But Not Yet Effective Accounting Standards	Adoption of New Accounting Standards On March 31, 2022, the FASB issued ASU 2022-02, " Financial Instruments - Credit Losses (ASC 326): Troubled Debt Restructurings (TDRs) and Vintage Disclosures ." The update amends ASC 326 to eliminate the accounting guidance for TDRs by creditors, while enhancing disclosure requirements for certain loan refinancing and restructuring activities by creditors when a borrower is experiencing financial difficulty. Specifically, rather than applying TDR recognition and measurement guidance, creditors will determine whether a modification results in a new loan or continuation of an existing loan. These amendments are intended to enhance existing disclosure requirements and introduce new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. Additionally, the amendments to ASC 326 require that an entity disclose current-period gross write-offs by year of origination within the vintage disclosures, which requires that an entity disclose the amortized cost basis of financing receivables by credit quality indicator and and class of financing receivable by year of origination. The update is available for entities that have adopted the amendments in update 2016-13 for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. The Company elected to early adopt the provisions of the ASU related to the discontinuance of TDR reporting, with retrospective application of modification reporting effective starting January 1, 2022. The Company adopted the provisions related to reporting of current-period gross write-offs within the vintage disclosures effective January 1, 2023. The adoption of the provisions contained within ASU 2022-02 did not have a material impact on the consolidated financial statements. On March 28, 2022, the FASB issued ASU 2022-01, " Derivatives and Hedging (ASC 815): Fair Value Hedging - Portfolio Layer Method ." ASC 815 previously permitted only prepayable financial assets and one or more beneficial interests secured by a portfolio of prepayable financial instruments to be included in a last-of-layer closed portfolio. The amendment in this update allows nonrepayable financial assets to also be included in a closed portfolio hedged using the portfolio layer method. That expanded scope allows an entity to apply the same portfolio hedging method to both prepayable and nonprepayable financial assets, thereby allowing consistent accounting for similar hedges. The update became effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. The Company adopted ASU 2022-01 on January 1, 2023, which did not have a material impact on the consolidated financial statements. On March 12, 2020, the FASB issued Accounting Standards Update (ASU) 2020-04, " Reference Rate Reform (ASC 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting ." ASC 848 contains optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. The Company has formed a cross-functional project team to lead the transition from LIBOR to a planned adoption of reference rates which could include Secured Overnight Financing Rate ("SOFR"), amongst others. The Company has identified certain loans that renewed prior to 2021 and obtained updated reference rate language at the time of the renewal. Additionally, management is utilizing the timeline guidance published by the Alternative Reference Rates Committee to develop and achieve internal milestones during this transitional period. The Company's policy is to adhere to the International Swaps and Derivatives Association 2020 IBOR Fallbacks Protocol that was released on October 23, 2020. The Company discontinued the use of new LIBOR-based loans by December 31, 2021, according to regulatory guidelines. The Company transitioned LIBOR-based loans to an alternative reference rate before June 30, 2023. On December 22, 2022, the FASB issued ASU 2022-06, " Reference Rate Reform (ASC 848): Deferral of the Sunset Date of Topic 848 ", which definitively provided a sunset date of December 31, 2024 for the relief guidance allowed under Topic 848. The ASU was effective immediately upon issuance. The Company adopted the LIBOR transition relief allowed under this standard, and it did not have a material impact on the consolidated financial statements. Newly Issued But Not Yet Effective Accounting Standards On March 28, 2023, the FASB issued ASU 2023-02, " Investments-Equity Method and Joint Ventures (ASC 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method ." ASU 2014-01, " Investments-Equity Method and Joint Ventures (ASC 323): Accounting for Investments in Qualified Affordable Housing Projects ", previously introduced the option to apply the proportional amortization method to account for investments made primarily for the purpose of receiving income tax credits and other income tax benefits when certain requirements are met; however, this guidance limited the proportional amortization method to investments in low-income-housing tax credit (LIHTC) structures. The proportional amortization method results in the cost of the investment being amortized in proportion to the income tax credits and other income tax benefits received, with the amortization of the investment and the income tax credits being presented net in the income statement as a component of net income tax expense (benefit). Equity investments in other tax credit structures are typically accounted for using the equity method, which results in investment income, gains and losses, and tax credits being presented gross on the income statement in their respective line items. The amendments in this update permit reporting entities to elect to account for certain 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. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the income tax benefits in the income statement as a component of income tax expense (benefit). To qualify for the proportional amortization method, all of the following conditions must be met: (1) It is probable that the income tax credits allocated to the tax equity investor will be available; (2) The tax equity investor does not have the ability to exercise significant influence over the operating and financial policies of the underlying project; (3) Substantially all of the projected benefits are from income tax credits and other income tax benefits. Projected benefits included income tax credits, other income tax benefits, and other non-income tax -related benefits. The projected benefits are determined on a discounted basis, using a discount rate that is consistent with the cash flow assumptions used by the tax equity investor in making its decision to invest in the project; (4) The tax equity investor's projected yield based solely on the cash flows from the income tax credits and other income tax benefits is positive; and (5) The tax equity investor is a limited liability investor in the limited liability entity for both legal and tax purposes, and the tax equity investor's liability is limited to its capital investment. An accounting policy election is allowed to apply the proportional amortization method on a tax-credit-program-by-tax-credit-program basis rather than electing to apply the proportional amortization method at the reporting entity level or to individual investments. The amendments in this update require specific disclosures that must be applied to all investments that generate income tax credits and other income tax benefits from a tax credit program for which the entity has elected to apply the proportional amortization method. The amendments require that a reporting entity disclose certain information in annual and interim reporting periods that enable investors to understanding the following information about its investments that generate income tax credits and other income tax benefits from a tax credit program including: (1) The nature of its tax equity investments; and (2) The effect of its tax equity investments and related income tax credits and other income tax benefits on its financial position and results of operations. For public business entities, the amendments in this update are effective for fiscal years beginning after December 31, 2023, including interim periods within those fiscal years. Early adoption is permitted in any interim period. If early adoption is elected, the provisions shall be adopted as of the beginning of the fiscal year that includes the interim period of adoption. The amendments in this update must be applied on either a modified retrospective or a retrospective basis. The Company is currently evaluating the impact of this standard for its LIHTC investments and the impact to noninterest income, income tax expense, and beginning retained earnings within the consolidated financial statements. On October 9, 2023, the FASB issued ASU 2023-06, "Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative" , which modified the disclosure or presentation requirements of a variety of Topics in the Codification and was intended to both clarify or improve such requirements and align the requirements with the SEC's regulations. The amendments to Topics of Codification provided in this Update apply to all reporting entities within the scope of the affected Topics unless otherwise indicated by the Update. Given the variety of Topics amended, a broad range of entities may be affected by one or more of the amendments provided in the Update. The Company evaluated the amendments provided in the Update and believes certain of the disclosure improvements are applicable to the Company's interim or annual disclosures. Subtopic 230-10, as amended, requires disclosure within the accounting policy in annual periods of where cash flows associated with derivative instruments and their related gains and losses are presented within the statement of cash flows. Subtopic 260-10, as amended, requires disclosure of the methods used in the diluted earnings-per-share computation for each dilutive security and clarifies that certain disclosures should be made during interim periods. Subtopic 470-10, as amended, requires disclosure of amounts and terms of unused lines of credit and unfunded commitments and the weighted-average interest rate on short-term borrowings outstanding as of the date of each balance sheet presented. The effective date for each amendment for entities subject to the SEC's existing disclosure requirements is the effective date of the removal of the related disclosure from Regulation S-X or Regulation S-K, with early adoption prohibited. The amendments in the Update are to be applied prospectively. The Company will apply prospectively the provisions provided in the amendments as such provisions become effective, and does not believe the application of these modified disclosure requirements will have a material impact on the consolidated financial statements.
Reclassification	Reclassification Certain amounts appearing in the consolidated financial statements and notes thereto for prior periods have been reclassified to conform with the current presentation. The reclassifications had no effect on net income or stockholders' equity as previously reported.
Allowance for Credit Losses and Credit Quality	The Company maintains an allowance for credit losses to provide for expected credit losses. Losses are charged against the allowance when management believes that the principal is uncollectable. Subsequent recoveries, if any, are credited to the allowance. Allocations of the allowance are made for specific loans and for pools of similar types of loans, although the entire allowance is available for any loan that, in management’s judgment, should be charged against the allowance. A provision for credit losses is taken based on management’s ongoing evaluation of the appropriate allowance balance. A formal evaluation of the adequacy of the credit loss allowance is conducted monthly. The ultimate recovery of all loans is susceptible to future market factors beyond the Company’s control. The level of credit loss provision is influenced by growth in the overall loan portfolio, emerging market risk, emerging concentration risk, commercial loan focus and large credit concentration, new industry lending activity, general economic conditions and historical loss analysis. In addition, management gives consideration to changes in the facts and circumstances of watch list credits, which includes the security position of the borrower, in determining the appropriate level of the credit loss provision. Furthermore, management’s overall view on credit quality is a factor in the determination of the provision. The determination of the appropriate allowance is inherently subjective, as it requires significant estimates by management. The Company has an established process to determine the adequacy of the allowance for credit losses that generally includes consideration of changes in the nature and volume of the loan portfolio and overall portfolio quality, along with current and forecasted economic conditions that may affect borrowers’ ability to repay. Consideration is not limited to these factors although they represent the most commonly cited factors. To determine the specific allocation levels for individual credits, management considers the current valuation of collateral and the amounts and timing of expected future cash flows as the primary measures. Management also considers trends in adversely classified loans based upon an ongoing review of those credits. With respect to pools of similar loans, an appropriate level of general allowance is determined by portfolio segment using a probability of default-loss given default (“PD/LGD”) model, subject to a floor. A default can be triggered by one of several different asset quality factors, including past due status, nonaccrual status, material modification status or if the loan has had a charge-off. This PD is then combined with a LGD derived from historical charge-off data to construct a default rate. This loss rate is then supplemented with adjustments for reasonable and supportable forecasts of relevant economic indicators, particularly the unemployment rate forecast from the Federal Open Market Committee’s Summary of Economic Projections, and other environmental factors based on the risks present for each portfolio segment. These environmental factors include consideration of the following: levels of, and trends in, delinquencies and nonperforming loans; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedure, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. It is also possible that these factors could include social, political, economic, and terrorist events or activities. All of these factors are susceptible to change, which may be significant. As a result of this detailed process, the allowance results in two forms of allocations, specific and general. These two components represent the total allowance for credit losses deemed adequate to cover probable losses inherent in the loan portfolio. Commercial loans are subject to a dual standardized grading process administered by the credit administration function. These grade assignments are performed independent of each other and a consensus is reached by credit administration and the loan review officer. Specific allowances are established in cases where management has identified significant conditions or circumstances related to an individual credit that indicate it should be evaluated on an individual basis. Considerations with respect to specific allocations for these individual credits include, but are not limited to, the following: (a) the sufficiency of the customer’s cash flow or net worth to repay the loan; (b) the adequacy of the discounted value of collateral relative to the loan balance; (c) whether the loan has been criticized in a regulatory examination; (d) whether the loan is nonperforming; (e) any other reasons the ultimate collectability of the loan may be in question; or (f) any unique loan characteristics that require special monitoring. Allocations are also applied to categories of loans considered not to be individually analyzed, but for which the rate of loss is expected to be consistent with or greater than historical averages. Such allocations are based on past loss experience and information about specific borrower situations and estimated collateral values. These general pooled loan allocations are performed for portfolio segments of commercial and industrial; commercial real estate, multi-family, and construction; agri-business and agricultural; other commercial loans; and consumer 1-4 family mortgage and other consumer loans. General allocations of the allowance are determined by a historical loss rate based on the calculation of each pool’s probability of default-loss given default, subject to a floor. The length of the historical period for each pool is based on the average life of the pool. The historical loss rates are supplemented with consideration of economic conditions and portfolio trends. Due to the imprecise nature of estimating the allowance for credit losses, the Company’s allowance for credit losses includes an immaterial unallocated component. The unallocated component of the allowance for credit losses incorporates the Company’s judgmental determination of potential expected losses that may not be fully reflected in other allocations. As a practical expedient, the Company has elected to disclose accrued interest separately from loan principal balances on the consolidated balance sheet. Additionally, when a loan is placed on non-accrual, interest payments are reversed through interest income. For off balance sheet credit exposures outlined in the ASU at 326-20-30-11, it is the Company’s position that nearly all of the unfunded amounts on lines of credit are unconditionally cancellable, and therefore not subject to having a liability recorded.
Leases	The Company leases certain office facilities under long-term operating lease agreements. The leases expire at various dates through 2037 and some include renewal options. Many of these leases require the payment of property taxes, insurance premiums, maintenance, utilities and other costs. In many cases, rentals are subject to increase in relation to a cost-of-living index. The Company accounts for lease and non-lease components together as a single lease component. The Company determines if an arrangement is a lease at inception. Operating leases are recorded as a right-of-use ("ROU") lease assets and are included in other assets on the consolidated balance sheet. The Company's corresponding lease obligations are included in other liabilities on the consolidated balance sheet. ROU lease assets represent the Company's right to use an underlying asset for the lease term and lease obligations represent the Company's obligation to make lease payments arising from the lease. Operating ROU lease assets and obligations are recognized at the commencement date based on the present value of lease payments over the lease term. As most of the Company's leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The ROU lease asset also includes any lease payments made and excludes lease incentives. The Company's lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Short-term leases are leases having a term of twelve months or less. The Company recognizes short-term leases on a straight-line basis and does not record a related lease asset or liability for such leases, as allowed as a practical expedient of the standard.

SECURITIES (Tables)

SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-For-Sale Securities	Information related to the amortized cost, fair value and allowance for credit losses of securities available-for-sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) is provided in the table below. (dollars in thousands) Amortized Gross Unrealized Gain Gross Unrealized Losses Allowance for Credit Losses Fair Value September 30, 2023 U.S. Treasury securities $ 2,873 $ 0 $ (12) $ 0 $ 2,861 U.S. government sponsored agencies 148,895 0 (33,224) 0 115,671 Mortgage-backed securities: residential 531,807 12 (102,157) 0 429,662 State and municipal securities 558,346 1 (131,009) 0 427,338 Total $ 1,241,921 $ 13 $ (266,402) $ 0 $ 975,532 December 31, 2022 U.S. Treasury securities $ 3,057 $ 0 $ (23) $ 0 $ 3,034 U.S. government sponsored agencies 156,184 0 (29,223) 0 126,961 Mortgage-backed securities: residential 578,175 67 (85,934) 0 492,308 State and municipal securities 663,367 157 (100,299) 0 563,225 Total $ 1,400,783 $ 224 $ (215,479) $ 0 $ 1,185,528
Schedule of Debt Securities, Held-to-Maturity	Information related to the amortized cost, fair value and allowance for credit losses of securities held-to-maturity and the related gross unrealized gains and losses is presented in the table below. (dollars in thousands) Amortized Gross Unrealized Gain Gross Unrealized Losses Allowance for Credit Losses Fair Value September 30, 2023 State and municipal securities $ 129,494 $ 0 $ (26,865) $ 0 $ 102,629 December 31, 2022 State and municipal securities $ 128,242 $ 0 $ (17,213) $ 0 $ 111,029
Schedule of Available-For-Sale Securities By Maturity	Information regarding the amortized cost and fair value of available-for-sale and held-to-maturity debt securities by maturity as of September 30, 2023 is presented below. Maturity information is based on contractual maturity for all securities other than mortgage-backed securities. Actual maturities of securities may differ from contractual maturities because borrowers may have the right to prepay the obligation without a prepayment penalty. Available-for-Sale Held-to-Maturity (dollars in thousands) Amortized Cost Fair Amortized Cost Fair Due in one year or less $ 4,818 $ 4,806 $ 0 $ 0 Due after one year through five years 7,298 6,422 0 0 Due after five years through ten years 38,103 33,697 0 0 Due after ten years 659,895 500,945 129,494 102,629 710,114 545,870 129,494 102,629 Mortgage-backed securities 531,807 429,662 0 0 Total debt securities $ 1,241,921 $ 975,532 $ 129,494 $ 102,629
Schedule of Sales of Securities Available For Sale	Available-for-sale securities proceeds, gross gains and gross losses are presented below. Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2023 2022 2023 2022 Sales of securities available-for-sale Proceeds $ 2,876 $ 0 $ 102,827 $ 0 Gross gains 0 0 439 0 Gross losses (35) 0 (455) 0 Number of securities 6 0 109 0
Schedule of Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value	Information regarding available-for-sale securities with unrealized losses as of September 30, 2023 and December 31, 2022 is presented on the following page. The tables divide the securities between those with unrealized losses for less than twelve months and those with unrealized losses for twelve months or more. Less than 12 months 12 months or more Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized September 30, 2023 U.S. Treasury securities $ 2,466 $ 8 $ 395 $ 4 $ 2,861 $ 12 U.S. government sponsored agencies 0 0 115,671 33,224 115,671 33,224 Mortgage-backed securities: residential 3,596 187 425,212 101,970 428,808 102,157 State and municipal securities 26,084 2,106 397,793 128,903 423,877 131,009 Total available-for-sale $ 32,146 $ 2,301 $ 939,071 $ 264,101 $ 971,217 $ 266,402 December 31, 2022 U.S. Treasury securities $ 3,034 $ 23 $ 0 $ 0 $ 3,034 $ 23 U.S. government sponsored agencies 8,420 1,350 118,541 27,873 126,961 29,223 Mortgage-backed securities: residential 165,897 18,637 323,727 67,297 489,624 85,934 State and municipal securities 277,967 33,405 244,436 66,894 522,403 100,299 Total available-for-sale $ 455,318 $ 53,415 $ 686,704 $ 162,064 $ 1,142,022 $ 215,479
Schedule of Debt Securities, Held-To-Maturity, Unrealized Loss Position, Fair Value	Information regarding held-to-maturity securities with unrealized losses as of September 30, 2023 and December 31, 2022 is presented below. The table divides the securities between those with unrealized losses for less than twelve months and those with unrealized losses for twelve months or more. Less than 12 months 12 months or more Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized September 30, 2023 State and municipal securities $ 0 $ 0 $ 102,629 $ 26,865 $ 102,629 $ 26,865 December 31, 2022 State and municipal securities $ 0 $ 0 $ 111,029 $ 17,213 $ 111,029 $ 17,213
Schedule of Quantitative Disclosure of Available-For-Sale Securities	The total number of securities with unrealized losses as of September 30, 2023 and December 31, 2022 is presented below. Available-for-sale Held-to-maturity Less than 12 months Total Less than 12 months Total September 30, 2023 U.S. Treasury securities 7 1 8 0 0 0 U.S. government sponsored agencies 0 17 17 0 0 0 Mortgage-backed securities: residential 8 126 134 0 0 0 State and municipal securities 47 383 430 0 41 41 Total temporarily impaired 62 527 589 0 41 41 December 31, 2022 U.S. Treasury securities 7 0 7 0 0 0 U.S. government sponsored agencies 1 16 17 0 0 0 Mortgage-backed securities: residential 95 41 136 0 0 0 State and municipal securities 269 223 492 0 41 41 Total temporarily impaired 372 280 652 0 41 41

LOANS (Tables)

LOANS (Tables)	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Schedule of Loans	(dollars in thousands) September 30, December 31, Commercial and industrial loans: Working capital lines of credit loans $ 589,345 12.1 % $ 650,948 13.8 % Non-working capital loans 812,875 16.7 842,101 17.9 Total commercial and industrial loans 1,402,220 28.8 1,493,049 31.7 Commercial real estate and multi-family residential loans: Construction and land development loans 633,920 13.0 517,664 11.0 Owner occupied loans 811,175 16.6 758,091 16.0 Nonowner occupied loans 740,783 15.2 706,107 15.0 Multifamily loans 236,581 4.8 197,232 4.2 Total commercial real estate and multi-family residential loans 2,422,459 49.6 2,179,094 46.2 Agri-business and agricultural loans: Loans secured by farmland 183,241 3.8 201,200 4.3 Loans for agricultural production 197,287 4.0 230,888 4.9 Total agri-business and agricultural loans 380,528 7.8 432,088 9.2 Other commercial loans: 125,939 2.6 113,593 2.4 Total commercial loans 4,331,146 88.8 4,217,824 89.5 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 247,114 5.1 212,742 4.5 Open end and junior lien loans 189,611 3.9 175,575 3.7 Residential construction and land development loans 12,888 0.3 19,249 0.4 Total consumer 1-4 family mortgage loans 449,613 9.3 407,566 8.6 Other consumer loans 93,737 1.9 88,075 1.9 Total consumer loans 543,350 11.2 495,641 10.5 Subtotal 4,874,496 100.0 % 4,713,465 100.0 % Less: Allowance for credit losses (72,105) (72,606) Net deferred loan fees (3,531) (3,069) Loans, net $ 4,798,860 $ 4,637,790

ALLOWANCE FOR CREDIT LOSSES A_2

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY (Tables)	9 Months Ended
	Sep. 30, 2023
ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY
Schedule of Allowance for Credit Loss	The following tables present the activity in the allowance for credit losses by portfolio segment for the periods ended: (dollars in thousands) Commercial and Industrial Commercial Real Estate and Multifamily Residential Agri-business and Agricultural Other Commercial Consumer 1-4 Family Mortgage Other Consumer Unallocated Total Three Months Ended September 30, 2023 Beginning balance, July 1 $ 30,978 $ 30,913 $ 4,402 $ 1,120 $ 3,448 $ 846 $ 351 $ 72,058 Provision for credit losses (167) 230 (139) (102) 197 283 98 400 Loans charged-off (193) 0 0 0 (149) (138) 0 (480) Recoveries 21 12 0 0 3 91 0 127 Net loans (charged-off) recovered (172) 12 0 0 (146) (47) 0 (353) Ending balance $ 30,639 $ 31,155 $ 4,263 $ 1,018 $ 3,499 $ 1,082 $ 449 $ 72,105 (dollars in thousands) Commercial and Industrial Commercial Real Estate and Multifamily Residential Agri-business and Agricultural Other Commercial Consumer 1-4 Family Mortgage Other Consumer Unallocated Total Three Months Ended September 30, 2022 Beginning balance, July 1 $ 31,195 $ 26,448 $ 4,753 $ 713 $ 2,674 $ 1,093 $ 647 $ 67,523 Provision for credit losses 1,357 (678) (547) 16 (197) 71 (22) 0 Loans charged-off (222) 0 0 0 (20) (131) 0 (373) Recoveries 18 25 0 0 3 43 0 89 Net loans (charged-off) recovered (204) 25 0 0 (17) (88) 0 (284) Ending balance $ 32,348 $ 25,795 $ 4,206 $ 729 $ 2,460 $ 1,076 $ 625 $ 67,239 (dollars in thousands) Commercial and Industrial Commercial Real Estate and Multifamily Residential Agri-business and Agricultural Other Commercial Consumer 1-4 Family Mortgage Other Consumer Unallocated Total Nine Months Ended September 30, 2023 Beginning balance, January 1 $ 35,290 $ 27,394 $ 4,429 $ 917 $ 3,001 $ 1,021 $ 554 $ 72,606 Provision for credit losses 1,065 3,465 (166) 101 642 548 (105) 5,550 Loans charged-off (5,844) 0 0 0 (163) (759) 0 (6,766) Recoveries 128 296 0 0 19 272 0 715 Net loans (charged-off) recovered (5,716) 296 0 0 (144) (487) 0 (6,051) Ending balance $ 30,639 $ 31,155 $ 4,263 $ 1,018 $ 3,499 $ 1,082 $ 449 $ 72,105 (dollars in thousands) Commercial and Industrial Commercial Real Estate and Multifamily Residential Agri-business and Agricultural Other Commercial Consumer 1-4 Family Mortgage Other Consumer Unallocated Total Nine Months Ended September 30, 2022 Beginning balance, January 1 $ 30,595 $ 26,535 $ 5,034 $ 1,146 $ 2,866 $ 1,147 $ 450 $ 67,773 Provision for credit losses 1,948 (168) (828) (417) (411) 118 175 417 Loans charged-off (254) (597) 0 0 (42) (318) 0 (1,211) Recoveries 59 25 0 0 47 129 0 260 Net loans (charged-off) recovered (195) (572) 0 0 5 (189) 0 (951) Ending balance $ 32,348 $ 25,795 $ 4,206 $ 729 $ 2,460 $ 1,076 $ 625 $ 67,239
Schedule of Risk Category of Loans by Loan Segment and Origination Date and Credit Quality Indicators	The following table summarizes the risk category of loans by loan segment and year of origination as of September 30, 2023: (dollars in thousands) 2023 2022 2021 2020 2019 Prior Term Total Revolving Total Commercial and industrial loans: Working capital lines of credit loans: Pass $ 233 $ 1,959 $ 2,342 $ 1,250 $ 0 $ 0 $ 5,784 $ 509,151 $ 514,935 Special Mention 0 0 0 0 0 0 0 67,764 67,764 Substandard 0 310 75 0 139 0 524 6,155 6,679 Total 233 2,269 2,417 1,250 139 0 6,308 583,070 589,378 Working capital lines of credit loans: Current period gross write offs 0 0 0 0 125 0 125 161 286 Non-working capital loans: Pass 147,472 257,402 91,572 54,567 35,601 15,151 601,765 168,621 770,386 Special Mention 490 8,926 1,051 2,279 2,644 5,643 21,033 5,253 26,286 Substandard 575 2,699 689 4,036 62 632 8,693 564 9,257 Not Rated 2,008 2,308 1,012 964 214 36 6,542 0 6,542 Total 150,545 271,335 94,324 61,846 38,521 21,462 638,033 174,438 812,471 Non-working capital loans: Current period gross write offs 0 5,400 0 0 118 0 5,518 40 5,558 Commercial real estate and multi-family residential loans: Construction and land development loans: Pass 41,662 20,498 10,870 13,078 178 0 86,286 544,725 631,011 Special Mention 0 0 0 0 0 0 0 0 0 Total 41,662 20,498 10,870 13,078 178 0 86,286 544,725 631,011 Construction and land development loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Owner occupied loans: Pass 114,935 135,960 158,405 132,051 65,426 129,363 736,140 36,067 772,207 Special Mention 6,696 694 8,449 0 1,735 2,758 20,332 14,628 34,960 Substandard 223 265 0 1,476 352 1,160 3,476 0 3,476 Total 121,854 136,919 166,854 133,527 67,513 133,281 759,948 50,695 810,643 Owner occupied loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Nonowner occupied loans: Pass 85,176 176,453 130,612 130,626 88,244 72,871 683,982 43,097 727,079 Special Mention 4,552 0 6,352 0 0 2,268 13,172 0 13,172 Total 89,728 176,453 136,964 130,626 88,244 75,139 697,154 43,097 740,251 Nonowner occupied loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Multifamily loans: Pass 78,741 23,445 9,094 35,972 33,621 30,149 211,022 5,518 216,540 Special Mention 19,735 0 0 0 0 0 19,735 0 19,735 Total 98,476 23,445 9,094 35,972 33,621 30,149 230,757 5,518 236,275 Multifamily loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Agri-business and agricultural loans: Loans secured by farmland: Pass 20,352 32,883 25,842 27,886 9,940 20,114 137,017 46,102 183,119 Special Mention 0 0 0 0 8 0 8 0 8 Substandard 0 0 0 0 0 105 105 0 105 Total 20,352 32,883 25,842 27,886 9,948 20,219 137,130 46,102 183,232 Loans secured by farmland: Current period gross write offs 0 0 0 0 0 0 0 0 0 Loans for agricultural production: Pass 27,282 11,290 27,881 26,015 3,981 11,077 107,526 88,811 196,337 Special Mention 0 0 201 351 0 0 552 500 1,052 Total 27,282 11,290 28,082 26,366 3,981 11,077 108,078 89,311 197,389 Loans for agricultural production: Current period gross write offs 0 0 0 0 0 0 0 0 0 Other commercial loans: Pass 6,057 28,024 39,057 14,778 102 7,488 95,506 27,640 123,146 Special Mention 0 0 0 0 0 2,607 2,607 0 2,607 Total 6,057 28,024 39,057 14,778 102 10,095 98,113 27,640 125,753 Other commercial loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans: Pass 8,072 10,663 12,954 9,354 4,476 4,753 50,272 9,674 59,946 Special Mention 0 0 0 527 0 0 527 0 527 Substandard 0 0 96 125 0 258 479 0 479 Not Rated 45,488 52,631 39,206 17,653 4,378 26,466 185,822 0 185,822 Total 53,560 63,294 52,256 27,659 8,854 31,477 237,100 9,674 246,774 Closed end first mortgage loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Open end and junior lien loans: Pass 565 137 504 339 0 7 1,552 8,722 10,274 Substandard 0 0 0 0 27 48 75 129 204 Not Rated 21,491 32,685 9,517 1,780 2,547 2,196 70,216 110,806 181,022 Total 22,056 32,822 10,021 2,119 2,574 2,251 71,843 119,657 191,500 Open end and junior lien loans: Current period gross write offs 0 50 14 0 0 0 64 99 163 Residential construction loans: Not Rated 1,551 7,352 1,546 857 269 1,230 12,805 0 12,805 Total 1,551 7,352 1,546 857 269 1,230 12,805 0 12,805 Residential construction loans: Current period gross write offs 0 0 0 0 0 0 0 0 0 Other consumer loans: Pass 1,908 808 1,505 358 0 0 4,579 13,393 17,972 Substandard 0 0 0 0 3 0 3 0 3 Not Rated 23,815 19,098 11,043 6,686 1,952 2,275 64,869 10,639 75,508 Total 25,723 19,906 12,548 7,044 1,955 2,275 69,451 24,032 93,483 Other consumer loans: Current period gross write offs 1 255 91 6 212 1 566 193 759 Total period gross write offs 1 5,705 105 6 455 1 6,273 493 6,766 Total Loans $ 659,079 $ 826,490 $ 589,875 $ 483,008 $ 255,899 $ 338,655 $ 3,153,006 $ 1,717,959 $ 4,870,965 The following table summarizes the risk category of loans by loan segment and year of origination as of December 31, 2022: (dollars in thousands) 2022 2021 2020 2019 2018 Prior Term Total Revolving Total Commercial and industrial loans: Working capital lines of credit loans: Pass $ 2,207 $ 2,718 $ 1,601 $ 0 $ 0 $ 0 $ 6,526 $ 597,108 $ 603,634 Special Mention 0 0 0 0 0 0 0 36,410 36,410 Substandard 200 0 0 300 0 0 500 10,495 10,995 Total 2,407 2,718 1,601 300 0 0 7,026 644,013 651,039 Non-working capital loans: Pass 272,273 124,600 91,850 47,711 9,981 13,670 560,085 240,490 800,575 Special Mention 448 1,620 0 109 159 2,961 5,297 2,153 7,450 Substandard 11,831 872 5,021 194 1,351 3,979 23,248 4,171 27,419 Not Rated 2,891 1,550 1,254 413 120 23 6,251 0 6,251 Total 287,443 128,642 98,125 48,427 11,611 20,633 594,881 246,814 841,695 Commercial real estate and multi-family residential loans: Construction and land development loans: Pass 26,889 19,944 14,026 356 0 0 61,215 453,953 515,168 Total 26,889 19,944 14,026 356 0 0 61,215 453,953 515,168 Owner occupied loans: Pass 113,656 179,014 139,880 97,353 65,519 97,335 692,757 40,533 733,290 Special Mention 2,960 7,608 0 446 1,491 8,054 20,559 0 20,559 Substandard 308 105 1,491 373 1,161 229 3,667 0 3,667 Total 116,924 186,727 141,371 98,172 68,171 105,618 716,983 40,533 757,516 Nonowner occupied loans: Pass 194,294 125,190 134,661 91,907 15,109 64,874 626,035 68,603 694,638 Special Mention 0 11,024 0 0 0 0 11,024 0 11,024 Total 194,294 136,214 134,661 91,907 15,109 64,874 637,059 68,603 705,662 Multifamily loans: Pass 38,460 25,741 36,929 35,695 2,046 28,866 167,737 7,349 175,086 Special Mention 21,855 0 0 0 0 0 21,855 0 21,855 Total 60,315 25,741 36,929 35,695 2,046 28,866 189,592 7,349 196,941 Agri-business and agricultural loans: Loans secured by farmland: Pass 38,344 28,684 29,741 9,656 8,145 19,638 134,208 63,094 197,302 Special Mention 260 0 1,676 1,780 0 15 3,731 0 3,731 Substandard 0 0 0 0 0 145 145 0 145 Total 38,604 28,684 31,417 11,436 8,145 19,798 138,084 63,094 201,178 Loans for agricultural production: Pass 6,040 30,262 22,167 3,625 9,248 4,539 75,881 143,599 219,480 Special Mention 947 243 7,262 928 0 0 9,380 2,129 11,509 Total 6,987 30,505 29,429 4,553 9,248 4,539 85,261 145,728 230,989 Other commercial loans: Pass 27,097 4,815 17,911 147 931 10,985 61,886 48,295 110,181 Special Mention 0 0 0 0 0 3,160 3,160 0 3,160 Total 27,097 4,815 17,911 147 931 14,145 65,046 48,295 113,341 Consumer 1-4 family mortgage loans: Closed end first mortgage loans: Pass 8,768 12,809 12,289 4,805 4,045 3,860 46,576 5,634 52,210 Special Mention 0 0 552 0 0 0 552 0 552 Substandard 0 0 0 0 83 1,944 2,027 0 2,027 Not Rated 57,404 44,331 20,023 5,936 2,970 27,004 157,668 0 157,668 Total 66,172 57,140 32,864 10,741 7,098 32,808 206,823 5,634 212,457 Open end and junior lien loans: Pass 137 541 357 63 75 0 1,173 5,841 7,014 Substandard 0 0 0 31 49 0 80 111 191 Not Rated 44,472 13,597 3,014 3,616 1,476 2,252 68,427 101,750 170,177 Total 44,609 14,138 3,371 3,710 1,600 2,252 69,680 107,702 177,382 Residential construction loans: Not Rated 14,463 2,167 897 291 129 1,223 19,170 0 19,170 Total 14,463 2,167 897 291 129 1,223 19,170 0 19,170 Other consumer loans: Pass 1,344 1,841 432 600 0 948 5,165 16,152 21,317 Substandard 0 0 0 210 0 0 210 0 210 Not Rated 24,395 14,563 9,168 3,606 2,755 1,352 55,839 10,492 66,331 Total 25,739 16,404 9,600 4,416 2,755 2,300 61,214 26,644 87,858 TOTAL $ 911,943 $ 653,839 $ 552,202 $ 310,151 $ 126,843 $ 297,056 $ 2,852,034 $ 1,858,362 $ 4,710,396
Schedule of Aging of the Amortized Cost Basis In Past Due Loans	The following table presents the aging of the amortized cost basis in past due loans as of September 30, 2023 by class of loans and loans past due 90 days or more and still accruing by class of loan: (dollars in thousands) Loans Not Past Due 30-89 Days Past Due Greater than 89 Days Past Due and Accruing Total Accruing Total Nonaccrual Nonaccrual With No Allowance For Credit Loss Total Commercial and industrial loans: Working capital lines of credit loans $ 583,816 $ 190 $ 0 $ 584,006 $ 5,372 $ 109 $ 589,378 Non-working capital loans 805,042 205 0 805,247 7,224 253 812,471 Commercial real estate and multi-family residential loans: Construction and land development loans 631,011 0 0 631,011 0 0 631,011 Owner occupied loans 807,741 0 0 807,741 2,902 1,426 810,643 Nonowner occupied loans 740,251 0 0 740,251 0 0 740,251 Multifamily loans 236,275 0 0 236,275 0 0 236,275 Agri-business and agricultural loans: Loans secured by farmland 183,128 0 0 183,128 104 0 183,232 Loans for agricultural production 197,389 0 0 197,389 0 0 197,389 Other commercial loans 125,753 0 0 125,753 0 0 125,753 Consumer 1‑4 family mortgage loans: Closed end first mortgage loans 245,544 729 19 246,292 482 336 246,774 Open end and junior lien loans 191,127 171 0 191,298 202 202 191,500 Residential construction loans 12,805 0 0 12,805 0 0 12,805 Other consumer loans 92,995 484 0 93,479 4 4 93,483 Total $ 4,852,877 $ 1,779 $ 19 $ 4,854,675 $ 16,290 $ 2,330 $ 4,870,965 The following table presents the aging of the amortized cost basis in past due loans as of December 31, 2022 by class of loans and loans past due 90 days or more and still accruing by class of loan: (dollars in thousands) Loans Not Past Due 30-89 Days Past Due Greater than 89 Days Past Due and Accruing Total Accruing Total Nonaccrual Nonaccrual With No Allowance For Credit Loss Total Commercial and industrial loans: Working capital lines of credit loans $ 649,529 $ 68 $ 0 $ 649,597 $ 1,442 $ 0 $ 651,039 Non-working capital loans 830,033 39 1 830,073 11,622 727 841,695 Commercial real estate and multi-family residential loans: Construction and land development loans 515,168 0 0 515,168 0 0 515,168 Owner occupied loans 754,451 0 0 754,451 3,065 1,469 757,516 Nonowner occupied loans 705,662 0 0 705,662 0 0 705,662 Multifamily loans 196,941 0 0 196,941 0 0 196,941 Agri-business and agricultural loans: Loans secured by farmland 201,033 0 0 201,033 145 0 201,178 Loans for agricultural production 230,989 0 0 230,989 0 0 230,989 Other commercial loans 113,341 0 0 113,341 0 0 113,341 Consumer 1‑4 family mortgage loans: Closed end first mortgage loans 211,736 306 122 212,164 293 225 212,457 Open end and junior lien loans 176,758 436 0 177,194 188 188 177,382 Residential construction loans 19,170 0 0 19,170 0 0 19,170 Other consumer loans 87,333 316 0 87,649 209 6 87,858 Total $ 4,692,144 $ 1,165 $ 123 $ 4,693,432 $ 16,964 $ 2,615 $ 4,710,396
Schedule of Amortized Cost Basis Of Collateral Dependent Loans	The following tables present the amortized cost basis of collateral dependent loans by class of loan as of: September 30, 2023 (dollars in thousands) Real Estate General Other Total Commercial and industrial loans: Working capital lines of credit loans $ 50 $ 5,063 $ 109 $ 5,222 Non-working capital loans 44 6,689 394 7,127 Commercial real estate and multi-family residential loans: Owner occupied loans 617 1,476 1,161 3,254 Agri-business and agricultural loans: Loans secured by farmland 0 104 0 104 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 482 0 0 482 Open end and junior lien loans 202 0 0 202 Other consumer loans 0 0 4 4 Total $ 1,395 $ 13,332 $ 1,668 $ 16,395 December 31, 2022 (dollars in thousands) Real Estate General Other Total Commercial and industrial loans: Working capital lines of credit loans $ 50 $ 5,402 $ 0 $ 5,452 Non-working capital loans 544 18,109 229 18,882 Commercial real estate and multi-family residential loans: Owner occupied loans 413 1,491 1,161 3,065 Agri-business and agricultural loans: Loans secured by farmland 0 145 0 145 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,030 0 0 2,030 Open end and junior lien loans 188 0 0 188 Other consumer loans 0 0 7 7 Total $ 3,225 $ 25,147 $ 1,397 $ 29,769
Schedule of Financing Receivable, Troubled Debt Restructuring	The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivables at the end of the reporting period is also presented below: (dollars in thousands) Interest Rate Reduction Combination Interest Rate Reduction and Term Extension Combination Principal Forgiveness, Interest Rate Reduction and Term Extension Total Modifications Total Class of Financing Receivable Three Months Ended September 30, 2023 Commercial and industrial loans: Working capital lines of credit loans $ 2,000 $ 931 $ 0 $ 2,931 0.50 % Non-working capital loans 0 0 0 0 0.00 Total commercial and industrial loans 2,000 931 0 2,931 0.21 Total loan modifications made to borrowers experiencing financial difficulty $ 2,000 $ 931 $ 0 $ 2,931 0.06 % (dollars in thousands) Interest Rate Reduction Combination Interest Rate Reduction and Term Extension Combination Principal Forgiveness, Interest Rate Reduction and Term Extension Total Modifications Total Class of Financing Receivable Nine Months Ended September 30, 2023 Commercial and industrial loans: Working capital lines of credit loans $ 2,000 $ 931 $ 0 $ 2,931 0.50 % Non-working capital loans 0 0 1,596 1,596 0.20 Total commercial and industrial loans 2,000 931 1,596 4,527 0.32 Total loan modifications made to borrowers experiencing financial difficulty $ 2,000 $ 931 $ 1,596 $ 4,527 0.09 % The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three and nine months ended September 30, 2023: (dollars in thousands) Principal Forgiveness Interest Rate Reduction Term Extension Total Class of Financing Receivable Three Months Ended September 30, 2023 Commercial and industrial loans: Working capital lines of credit loans $ 0 Reduction of two variable Prime Rate lines of credit to 1.00% Fixed Reduction of one variable line of credit from Prime plus 1.00% to 1.00% Fixed Extension of terms for one variable rate line of credit from 12 months to 120 months 0.50 % Non-working capital loans 0 No modifications No modifications 0.00 % (dollars in thousands) Principal Forgiveness Interest Rate Reduction Term Extension Total Class of Financing Receivable Nine Months Ended September 30, 2023 Commercial and industrial loans: Working capital lines of credit loans $ 0 Reduction of two variable Prime Rate lines of credit to 1.00% Fixed Reduction of one variable line of credit from Prime plus 1.00% to 1.00% Fixed Term extension for one variable rate line of credit from 12 months to 120 months 0.50 % Non-working capital loans 9,380 Reduction of one term loan from Prime plus 0.75% to 1.00% Fixed Term extension from 40 months to 300 months 0.20

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on a Recurring Basis	The tables below present the balances of assets measured at fair value on a recurring basis: September 30, 2023 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 Assets: U.S. Treasury securities $ 2,861 $ 0 $ 0 $ 2,861 U.S. government sponsored agency securities 0 115,671 0 115,671 Mortgage-backed securities: residential 0 429,662 0 429,662 State and municipal securities 0 425,348 1,990 427,338 Total securities available-for-sale 2,861 970,681 1,990 975,532 Mortgage banking derivative 0 66 0 66 Interest rate swap derivative 0 42,035 0 42,035 Total assets $ 2,861 $ 1,012,782 $ 1,990 $ 1,017,633 Liabilities: Interest rate swap derivative 0 42,036 0 42,036 Total liabilities $ 0 $ 42,036 $ 0 $ 42,036 December 31, 2022 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 Assets: U.S. Treasury securities $ 3,034 $ 0 $ 0 $ 3,034 U.S. government sponsored agency securities 0 126,961 0 126,961 Mortgage-backed securities: residential 0 492,308 0 492,308 State and municipal securities 0 561,150 2,075 563,225 Total securities available-for-sale 3,034 1,180,419 2,075 1,185,528 Mortgage banking derivative 0 43 0 43 Interest rate swap derivative 0 36,920 0 36,920 Total assets $ 3,034 $ 1,217,382 $ 2,075 $ 1,222,491 Liabilities: Interest rate swap derivative 0 36,921 0 36,921 Total liabilities $ 0 $ 36,921 $ 0 $ 36,921
Schedule of Assets Measured at Fair Value on a Nonrecurring Basis	The tables below present the balances of assets measured at fair value on a nonrecurring basis: September 30, 2023 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 Assets Collateral dependent loans: Commercial and industrial loans: Working capital lines of credit loans $ 0 $ 0 $ 2,832 $ 2,832 Non-working capital loans 0 0 2,187 2,187 Commercial real estate and multi-family residential loans: Owner occupied loans 0 0 369 369 Agri-business and agricultural loans: Loans secured by farmland 0 0 26 26 Total collateral dependent loans 0 0 5,414 5,414 Other real estate owned 0 0 384 384 Total assets $ 0 $ 0 $ 5,798 $ 5,798 December 31, 2022 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 Assets Collateral dependent loans: Commercial and industrial loans: Working capital lines of credit loans $ 0 $ 0 $ 3,178 $ 3,178 Non-working capital loans 0 0 8,354 8,354 Commercial real estate and multi-family residential loans: Owner occupied loans 0 0 425 425 Agri-business and agricultural loans: Loans secured by farmland 0 0 35 35 Total collateral dependent loans 0 0 11,992 11,992 Other real estate owned 0 0 100 100 Total assets $ 0 $ 0 $ 12,092 $ 12,092
Schedule of Fair Value Measured on Nonrecurring Basis Valuation Techniques	The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at September 30, 2023: (dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Average Range of Inputs Collateral dependent loans: Commercial and industrial $ 5,019 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 74 % 10%-99% Collateral dependent loans: Commercial real estate and multi-family residential loans 369 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 75 % Collateral dependent loans: Agri-business and agricultural 26 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 75 % Other real estate owned 384 Appraisals Discount to reflect current market conditions and ultimate collectability 36 % The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at December 31, 2022: (dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Average Range of Inputs Collateral dependent loans: Commercial and industrial $ 11,532 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 62 % 29%-99% Collateral dependent loans: Commercial real estate and multi-family residential loans 425 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 57 % 37%-76% Collateral dependent loans: Agri-business and agricultural 35 Collateral based measurements Discount to reflect current market conditions and ultimate collectability 76 % Other real estate owned 100 Appraisals Discount to reflect current market conditions and ultimate collectability 68 %
Schedule of Fair Values and the Related Carrying Values of Financial Instruments	The following tables contain the estimated fair values and the related carrying values of the Company’s financial instruments. Items that are not financial instruments are not included. September 30, 2023 Carrying Estimated Fair Value (dollars in thousands) Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 146,280 $ 146,280 $ 0 $ 0 $ 146,280 Securities available-for-sale 975,532 2,861 970,681 1,990 975,532 Securities held-to-maturity 129,494 0 102,629 0 102,629 Real estate mortgages held-for-sale 572 0 594 0 594 Loans, net 4,798,860 0 0 4,598,444 4,598,444 Mortgage banking derivative 66 0 66 0 66 Interest rate swap derivative 42,035 0 42,035 0 42,035 Federal Reserve and Federal Home Loan Bank Stock 21,420 N/A N/A N/A N/A Accrued interest receivable 28,994 0 8,269 20,725 28,994 Financial Liabilities: Certificates of deposit 1,072,091 0 1,060,130 0 1,060,130 All other deposits 4,584,984 4,584,984 0 0 4,584,984 Federal Home Loan Bank advances 90,000 90,000 0 0 90,000 Interest rate swap derivative 42,036 0 42,036 0 42,036 Standby letters of credit 353 0 0 353 353 Accrued interest payable 16,178 581 15,597 0 16,178 December 31, 2022 Carrying Estimated Fair Value (dollars in thousands) Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 130,282 $ 129,069 $ 1,213 $ 0 $ 130,282 Securities available-for-sale 1,185,528 3,034 1,180,419 2,075 1,185,528 Securities held-to-maturity 128,242 0 111,029 0 111,029 Real estate mortgages held-for-sale 357 0 372 0 372 Loans, net 4,637,790 0 0 4,454,678 4,454,678 Mortgage banking derivative 43 0 43 0 43 Interest rate swap derivative 36,920 0 36,920 0 36,920 Federal Reserve and Federal Home Loan Bank Stock 15,795 N/A N/A N/A N/A Accrued interest receivable 27,994 0 9,598 18,396 27,994 Financial Liabilities: Certificates of deposit 626,186 0 621,206 0 621,206 All other deposits 4,834,434 4,834,434 0 0 4,834,434 Federal Funds purchased 22,000 22,000 0 0 22,000 Federal Home Loan Bank advances 275,000 275,000 0 0 275,000 Interest rate swap derivative 36,921 0 36,921 0 36,921 Standby letters of credit 249 0 0 249 249 Accrued interest payable 3,186 486 2,700 0 3,186

OFFSETTING ASSETS AND LIABILI_2

OFFSETTING ASSETS AND LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2023
OFFSETTING ASSETS AND LIABILITIES
Schedule of Offsetting Assets and Liability	The following tables summarize gross and net information about financial instruments and derivative instruments that are offset in the statement of financial position or that are subject to an enforceable master netting arrangement at September 30, 2023 and December 31, 2022. September 30, 2023 Gross Amounts of Recognized Assets/Liabilities Gross Amounts Offset in the Statement of Financial Position Net Amounts presented in the Statement of Financial Position Gross Amounts Not Offset in the Statement of Financial Position Net Amount (dollars in thousands) Financial Instruments Cash Collateral Position Assets Interest Rate Swap Derivatives $ 42,035 $ 0 $ 42,035 $ 0 $ (38,225) $ 3,810 Total Assets $ 42,035 $ 0 $ 42,035 $ 0 $ (38,225) $ 3,810 Liabilities Interest Rate Swap Derivatives $ 42,036 $ 0 $ 42,036 $ 0 $ (90) $ 41,946 Total Liabilities $ 42,036 $ 0 $ 42,036 $ 0 $ (90) $ 41,946 December 31, 2022 Gross Amounts of Recognized Assets/Liabilities Gross Amounts Offset in the Statement of Financial Position Net Amounts presented in the Statement of Financial Position Gross Amounts Not Offset in the Statement of Financial Position Net Amount (dollars in thousands) Financial Instruments Cash Collateral Position Assets Interest Rate Swap Derivatives $ 36,920 $ 0 $ 36,920 $ 0 $ (34,185) $ 2,735 Total Assets $ 36,920 $ 0 $ 36,920 $ 0 $ (34,185) $ 2,735 Liabilities Interest Rate Swap Derivatives $ 36,921 $ 0 $ 36,921 $ 0 $ (90) $ 36,831 Total Liabilities $ 36,921 $ 0 $ 36,921 $ 0 $ (90) $ 36,831

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Weighted average shares outstanding for basic earnings per common share 25,613,456 25,533,832 25,601,493 25,525,734 Dilutive effect of stock based awards 80,079 200,781 108,348 184,354 Weighted average shares outstanding for diluted earnings per common share 25,693,535 25,734,613 25,709,841 25,710,088 Basic earnings per common share $ 0.99 $ 1.12 $ 2.51 $ 3.05 Diluted earnings per common share $ 0.98 $ 1.11 $ 2.49 $ 3.03

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Sep. 30, 2023
OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment and Tax [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Income (loss)	The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the three months ended September 30, 2023 and 2022, all shown net of tax: (dollars in thousands) Unrealized Gains and Losses on Available- Defined Benefit Pension Items Total Balance at July 1, 2023 $ (176,898) $ (747) $ (177,645) Other comprehensive income (loss) before reclassification (50,900) 0 (50,900) Amounts reclassified from accumulated other comprehensive income (loss) 423 11 434 Net current period other comprehensive income (loss) (50,477) 11 (50,466) Balance at September 30, 2023 $ (227,375) $ (736) $ (228,111) (dollars in thousands) Unrealized Gains and Losses on Available- Defined Benefit Pension Items Total Balance at July 1, 2022 $ (157,625) $ (909) $ (158,534) Other comprehensive income (loss) before reclassification (63,620) 0 (63,620) Amounts reclassified from accumulated other comprehensive income (loss) 398 27 425 Net current period other comprehensive income (loss) (63,222) 27 (63,195) Balance at September 30, 2022 $ (220,847) $ (882) $ (221,729) The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the nine months ended September 30, 2023 and 2022, all shown net of tax: (dollars in thousands) Unrealized Gains and Losses on Available- Defined Benefit Pension Items Total Balance at January 1, 2023 $ (188,154) $ (769) $ (188,923) Other comprehensive income (loss) before reclassification (40,407) 0 (40,407) Amounts reclassified from accumulated other comprehensive income (loss) 1,186 33 1,219 Net current period other comprehensive income (loss) (39,221) 33 (39,188) Balance at September 30, 2023 $ (227,375) $ (736) $ (228,111) (dollars in thousands) Unrealized Gains and Losses on Available- Defined Benefit Pension Items Total Balance at January 1, 2022 $ 17,056 $ (963) $ 16,093 Other comprehensive income (loss) before reclassification (238,689) 0 (238,689) Amounts reclassified from accumulated other comprehensive income (loss) 786 81 867 Net current period other comprehensive income (loss) (237,903) 81 (237,822) Balance at September 30, 2022 $ (220,847) $ (882) $ (221,729)
Schedule of Reclassification Accumulated Other Comprehensive Income (loss)	Reclassifications out of other accumulated other comprehensive income (loss) for the three months ended September 30, 2023 are as follows: Details about Amount Affected Line Item (dollars in thousands) Amortization of unrealized losses on held-to-maturity securities $ (501) Interest income Realized gains and (losses) on available-for-sale securities (35) Net securities gains (losses) Tax effect 113 Income tax expense (423) Net of tax Amortization of defined benefit pension items (15) Other expense Tax effect 4 Income tax expense (11) Net of tax Total reclassifications for the period $ (434) Net income Reclassifications out of other accumulated comprehensive income (loss) for the three months ended September 30, 2022 are as follows: Details about Amount Affected Line Item (dollars in thousands) Amortization of unrealized losses on held-to-maturity securities $ (504) Interest income Tax effect 106 Income tax expense (398) Net of tax Amortization of defined benefit pension items (36) Other expense Tax effect 9 Income tax expense (27) Net of tax Total reclassifications for the period $ (425) Net income Reclassifications out of accumulated comprehensive income (loss) for the nine months ended September 30, 2023 are as follows: Details about Amount Affected Line Item (dollars in thousands) Amortization of unrealized losses on held-to-maturity securities $ (1,486) Interest income Realized gains and (losses) on available-for-sale securities (16) Net securities gains (losses) Tax effect 316 Income tax expense (1,186) Net of tax Amortization of defined benefit pension items (45) Other expense Tax effect 12 Income tax expense (33) Net of tax Total reclassifications for the period $ (1,219) Net income Reclassifications out of accumulated other comprehensive income (loss) for the nine months ended September 30, 2022 are as follows: Details about Amount Affected Line Item (dollars in thousands) Amortization of unrealized losses on held-to-maturity securities $ (995) Interest income Tax effect 209 Income tax expense (786) Net of tax Amortization of defined benefit pension items (108) Other expense Tax effect 27 Income tax expense (81) Net of tax Total reclassifications for the period $ (867) Net income

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Schedule of Maturity Analysis of the Operating Lease Liabilities	The following is a maturity analysis of the operating lease liabilities as of September 30, 2023: Years ending December 31, (in thousands) Operating Lease Obligation 2023 $ 183 2024 744 2025 756 2026 730 2027 753 2028 and thereafter 2,185 Total undiscounted lease payments 5,351 Less imputed interest (503) Lease liability $ 4,848 Right-of-use asset $ 4,848
Schedule of Lease Cost	Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2023 2022 2023 2022 Lease cost Operating lease cost $ 241 $ 169 $ 719 $ 502 Short-term lease cost 4 4 12 18 Total lease cost $ 245 $ 173 $ 731 $ 520 Other information Operating cash outflows from operating leases $ 241 $ 169 $ 719 $ 502 Weighted-average remaining lease term - operating leases 6.5 years 7.5 years 6.5 years 7.5 years Weighted average discount rate - operating leases 2.5 % 2.5 % 2.5 % 2.5 %

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details)	9 Months Ended
	Sep. 30, 2023 subsidiary
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of wholly owned subsidiaries	2

SECURITIES - Summary of Availab

SECURITIES - Summary of Available For Sale and Held to Maturity Securities (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-Sale [Abstract]
Amortized Cost	$ 1,241,921,000	$ 1,400,783,000
Gross Unrealized Gain	13,000	224,000
Gross Unrealized Losses	(266,402,000)	(215,479,000)
Allowance for Credit Losses	0	0
Fair Value	975,532,000	1,185,528,000
U.S. Treasury securities
Debt Securities, Available-for-Sale [Abstract]
Amortized Cost	2,873,000	3,057,000
Gross Unrealized Gain	0	0
Gross Unrealized Losses	(12,000)	(23,000)
Allowance for Credit Losses	0	0
Fair Value	2,861,000	3,034,000
U.S. government sponsored agencies
Debt Securities, Available-for-Sale [Abstract]
Amortized Cost	148,895,000	156,184,000
Gross Unrealized Gain	0	0
Gross Unrealized Losses	(33,224,000)	(29,223,000)
Allowance for Credit Losses	0	0
Fair Value	115,671,000	126,961,000
Mortgage-backed securities: residential
Debt Securities, Available-for-Sale [Abstract]
Amortized Cost	531,807,000	578,175,000
Gross Unrealized Gain	12,000	67,000
Gross Unrealized Losses	(102,157,000)	(85,934,000)
Allowance for Credit Losses	0	0
Fair Value	429,662,000	492,308,000
State and municipal securities
Debt Securities, Available-for-Sale [Abstract]
Amortized Cost	558,346,000	663,367,000
Gross Unrealized Gain	1,000	157,000
Gross Unrealized Losses	(131,009,000)	(100,299,000)
Allowance for Credit Losses	0	0
Fair Value	$ 427,338,000	$ 563,225,000

SECURITIES - Held-to-Maturity S

SECURITIES - Held-to-Maturity Securities (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 129,494,000	$ 128,242,000
Allowance for Credit Losses	0	0
Fair Value	102,629,000	111,029,000
State and municipal securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	129,494,000	128,242,000
Gross Unrealized Gain	0	0
Gross Unrealized Losses	(26,865,000)	(17,213,000)
Allowance for Credit Losses	0	0
Fair Value	$ 102,629,000	$ 111,029,000

SECURITIES - Additional Informa

SECURITIES - Additional Information (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022	Apr. 01, 2022
Investments, Debt and Equity Securities [Abstract]
Fair value of held-to-maturity securities transferred from available-for sale			$ 127,000,000
Unrealized loss of held-to-maturity securities transferred from available-for sale	$ 21,400,000		24,400,000
Unrealized loss of held-to-maturity securities transferred from available-for sale, net of tax	16,900,000		$ 19,300,000
Available-for-sale securities pledged as collateral	740,800,000	$ 298,200,000
Allowance for credit losses	0	0
Allowance for Credit Losses	0	0
Accrued interest receivable on available-for-sale debt securities	$ 7,100,000	$ 8,900,000

SECURITIES - Schedule of Securi

SECURITIES - Schedule of Securities By Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Amortized Cost
Due in one year or less	$ 4,818
Due after one year through five years	7,298
Due after five years through ten years	38,103
Due after ten years	659,895
Total available-for-sale securities, gross	710,114
Mortgage-backed securities	531,807
Amortized Cost	1,241,921	$ 1,400,783
Fair Value
Due in one year or less	4,806
Due after one year through five years	6,422
Due after five years through ten years	33,697
Due after ten years	500,945
Total available-for-sale securities, gross	545,870
Mortgage-backed securities	429,662
Total securities available-for-sale	975,532	1,185,528
Amortized Cost
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	129,494
Total held-to-maturity securities, gross	129,494
Mortgage-backed securities	0
Amortized Cost	129,494
Fair Value
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	102,629
Total held-to-maturity securities, gross	102,629
Mortgage-backed securities	0
Fair Value	$ 102,629	$ 111,029

SECURITIES - Schedule of Sales

SECURITIES - Schedule of Sales of Securities Available For Sale (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($) security	Sep. 30, 2022 USD ($) security	Sep. 30, 2023 USD ($) security	Sep. 30, 2022 USD ($) security
Sales of securities available-for-sale
Proceeds	$ 2,876	$ 0	$ 102,827	$ 0
Gross gains	0	0	439	0
Gross losses	$ (35)	$ 0	$ (455)	$ 0
Number of securities | security	6	0	109	0

SECURITIES - Unrealized Loss An

SECURITIES - Unrealized Loss Analysis on Available-for-Sale and Held-to-Maturity Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Schedule of Available-for-sale Securities
Less than 12 months, fair value	$ 32,146	$ 455,318
12 months or more, fair value	939,071	686,704
Total fair value	971,217	1,142,022
Less than 12 months, unrealized losses	2,301	53,415
12 Months or more, unrealized losses	264,101	162,064
Total unrealized losses	266,402	215,479
U.S. Treasury securities
Schedule of Available-for-sale Securities
Less than 12 months, fair value	2,466	3,034
12 months or more, fair value	395	0
Total fair value	2,861	3,034
Less than 12 months, unrealized losses	8	23
12 Months or more, unrealized losses	4	0
Total unrealized losses	12	23
U.S. government sponsored agencies
Schedule of Available-for-sale Securities
Less than 12 months, fair value	0	8,420
12 months or more, fair value	115,671	118,541
Total fair value	115,671	126,961
Less than 12 months, unrealized losses	0	1,350
12 Months or more, unrealized losses	33,224	27,873
Total unrealized losses	33,224	29,223
Mortgage-backed securities: residential
Schedule of Available-for-sale Securities
Less than 12 months, fair value	3,596	165,897
12 months or more, fair value	425,212	323,727
Total fair value	428,808	489,624
Less than 12 months, unrealized losses	187	18,637
12 Months or more, unrealized losses	101,970	67,297
Total unrealized losses	102,157	85,934
State and municipal securities
Schedule of Available-for-sale Securities
Less than 12 months, fair value	26,084	277,967
12 months or more, fair value	397,793	244,436
Total fair value	423,877	522,403
Less than 12 months, unrealized losses	2,106	33,405
12 Months or more, unrealized losses	128,903	66,894
Total unrealized losses	$ 131,009	$ 100,299

SECURITIES - Held-to-maturity_2

SECURITIES - Held-to-maturity Securities With Unrealized Losses (Details) - State and municipal securities - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	$ 0	$ 0
Less than 12 months, unrealized losses	0	0
12 months or more, fair value	102,629	111,029
12 Months or more, unrealized losses	26,865	17,213
Total fair value	102,629	111,029
Unrealized losses	$ 26,865	$ 17,213

SECURITIES - Quantitative Discl

SECURITIES - Quantitative Disclosure of Available For Sale of Securities (Details) - position	Sep. 30, 2023	Dec. 31, 2022
Number of securities with unrealized losses [Abstract]
Less than 12 months	62	372
12 months or more	527	280
Total	589	652
U.S. Treasury securities
Number of securities with unrealized losses [Abstract]
Less than 12 months	7	7
12 months or more	1	0
Total	8	7
U.S. government sponsored agencies
Number of securities with unrealized losses [Abstract]
Less than 12 months	0	1
12 months or more	17	16
Total	17	17
Mortgage-backed securities: residential
Number of securities with unrealized losses [Abstract]
Less than 12 months	8	95
12 months or more	126	41
Total	134	136
State and municipal securities
Number of securities with unrealized losses [Abstract]
Less than 12 months	47	269
12 months or more	383	223
Total	430	492

SECURITIES - Quantitative Dis_2

SECURITIES - Quantitative Disclosure of Held to Maturity Securities (Details) - position	Sep. 30, 2023	Dec. 31, 2022
Schedule of Held-to-Maturity Securities
Less than 12 months	0	0
12 months or more	41	41
Total	41	41
U.S. Treasury securities
Schedule of Held-to-Maturity Securities
Less than 12 months	0	0
12 months or more	0	0
Total	0	0
U.S. government sponsored agencies
Schedule of Held-to-Maturity Securities
Less than 12 months	0	0
12 months or more	0	0
Total	0	0
Mortgage-backed securities: residential
Schedule of Held-to-Maturity Securities
Less than 12 months	0	0
12 months or more	0	0
Total	0	0
State and municipal securities
Schedule of Held-to-Maturity Securities
Less than 12 months	0	0
12 months or more	41	41
Total	41	41

LOANS - Total Loans Outstanding

LOANS - Total Loans Outstanding (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Jun. 30, 2023	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 4,874,496	$ 4,713,465
Percentage of loans receivable	100%	100%
Less: Allowance for credit losses	$ (72,105)	$ (72,606)	$ (72,058)	$ (67,239)	$ (67,523)	$ (67,773)
Net deferred loan fees	(3,531)	(3,069)
Loans, net	4,798,860	4,637,790
Total commercial loans | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 4,331,146	$ 4,217,824
Percentage of loans receivable	88.80%	89.50%
Total consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 543,350	$ 495,641
Percentage of loans receivable	11.20%	10.50%
Other consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 93,737	$ 88,075
Percentage of loans receivable	1.90%	1.90%
Commercial and industrial loans:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 1,402,220	$ 1,493,049
Percentage of loans receivable	28.80%	31.70%
Commercial and industrial loans: | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less: Allowance for credit losses	$ (30,639)	$ (35,290)	(30,978)	(32,348)	(31,195)	(30,595)
Commercial and industrial loans: | Working capital lines of credit loans | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 589,345	$ 650,948
Percentage of loans receivable	12.10%	13.80%
Commercial and industrial loans: | Non-working capital loans | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 812,875	$ 842,101
Percentage of loans receivable	16.70%	17.90%
Commercial real estate and multi-family residential loans:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 2,422,459	$ 2,179,094
Percentage of loans receivable	49.60%	46.20%
Commercial real estate and multi-family residential loans: | Construction and land development loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 633,920	$ 517,664
Percentage of loans receivable	13%	11%
Commercial real estate and multi-family residential loans: | Owner occupied loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 811,175	$ 758,091
Percentage of loans receivable	16.60%	16%
Commercial real estate and multi-family residential loans: | Nonowner occupied loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 740,783	$ 706,107
Percentage of loans receivable	15.20%	15%
Commercial real estate and multi-family residential loans: | Multifamily loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 236,581	$ 197,232
Percentage of loans receivable	4.80%	4.20%
Agri-business and agricultural loans:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 380,528	$ 432,088
Percentage of loans receivable	7.80%	9.20%
Agri-business and agricultural loans: | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less: Allowance for credit losses	$ (4,263)	$ (4,429)	$ (4,402)	$ (4,206)	$ (4,753)	$ (5,034)
Agri-business and agricultural loans: | Loans secured by farmland | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 183,241	$ 201,200
Percentage of loans receivable	3.80%	4.30%
Agri-business and agricultural loans: | Loans for agricultural production | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 197,287	$ 230,888
Percentage of loans receivable	4%	4.90%
Other commercial loans:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 125,939	$ 113,593
Percentage of loans receivable	2.60%	2.40%
Consumer 1-4 family mortgage loans:
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 449,613	$ 407,566
Percentage of loans receivable	9.30%	8.60%
Consumer 1-4 family mortgage loans: | Closed end first mortgage loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 247,114	$ 212,742
Percentage of loans receivable	5.10%	4.50%
Consumer 1-4 family mortgage loans: | Open end and junior lien loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 189,611	$ 175,575
Percentage of loans receivable	3.90%	3.70%
Consumer 1-4 family mortgage loans: | Residential construction and land development loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable before allowance for credit loss	$ 12,888	$ 19,249
Percentage of loans receivable	0.30%	0.40%

LOANS - Additional Information

LOANS - Additional Information (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Receivables [Abstract]
Investment loans excluding accrued interest	$ 20,700	$ 18,400
Residential real estate loans in the process of foreclosure	$ 470	$ 306

ALLOWANCE FOR CREDIT LOSSES A_3

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 72,058	$ 67,523	$ 72,606	$ 67,773
Provision for credit losses	400	0	5,550	417
Loans charged-off	(480)	(373)	(6,766)	(1,211)
Recoveries	127	89	715	260
Net loans (charged-off) recovered	(353)	(284)	(6,051)	(951)
Ending balance	72,105	67,239	72,105	67,239
Unallocated
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	351	647	554	450
Provision for credit losses	98	(22)	(105)	175
Loans charged-off	0	0	0	0
Recoveries	0	0	0	0
Net loans (charged-off) recovered	0	0	0	0
Ending balance	449	625	449	625
Commercial Portfolio Segment | Commercial and Industrial
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	30,978	31,195	35,290	30,595
Provision for credit losses	(167)	1,357	1,065	1,948
Loans charged-off	(193)	(222)	(5,844)	(254)
Recoveries	21	18	128	59
Net loans (charged-off) recovered	(172)	(204)	(5,716)	(195)
Ending balance	30,639	32,348	30,639	32,348
Commercial Portfolio Segment | Commercial Real Estate and Multifamily Residential
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	30,913	26,448	27,394	26,535
Provision for credit losses	230	(678)	3,465	(168)
Loans charged-off	0	0	0	(597)
Recoveries	12	25	296	25
Net loans (charged-off) recovered	12	25	296	(572)
Ending balance	31,155	25,795	31,155	25,795
Commercial Portfolio Segment | Agri-business and Agricultural
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	4,402	4,753	4,429	5,034
Provision for credit losses	(139)	(547)	(166)	(828)
Loans charged-off	0	0	0	0
Recoveries	0	0	0	0
Net loans (charged-off) recovered	0	0	0	0
Ending balance	4,263	4,206	4,263	4,206
Commercial Portfolio Segment | Other Commercial
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,120	713	917	1,146
Provision for credit losses	(102)	16	101	(417)
Loans charged-off	0	0	0	0
Recoveries	0	0	0	0
Net loans (charged-off) recovered	0	0	0	0
Ending balance	1,018	729	1,018	729
Consumer Portfolio Segment | Consumer 1-4 Family Mortgage
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	3,448	2,674	3,001	2,866
Provision for credit losses	197	(197)	642	(411)
Loans charged-off	(149)	(20)	(163)	(42)
Recoveries	3	3	19	47
Net loans (charged-off) recovered	(146)	(17)	(144)	5
Ending balance	3,499	2,460	3,499	2,460
Consumer Portfolio Segment | Other Consumer
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	846	1,093	1,021	1,147
Provision for credit losses	283	71	548	118
Loans charged-off	(138)	(131)	(759)	(318)
Recoveries	91	43	272	129
Net loans (charged-off) recovered	(47)	(88)	(487)	(189)
Ending balance	$ 1,082	$ 1,076	$ 1,082	$ 1,076

ALLOWANCE FOR CREDIT LOSSES A_4

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY - Risk Category of Loans by Loan Segment and Origination (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	$ 659,079		$ 659,079		$ 911,943
Year Two	826,490		826,490		653,839
Year Three	589,875		589,875		552,202
Year Four	483,008		483,008		310,151
Year Five	255,899		255,899		126,843
Prior	338,655		338,655		297,056
Term Total	3,153,006		3,153,006		2,852,034
Revolving	1,717,959		1,717,959		1,858,362
Total	4,870,965		4,870,965		4,710,396
2023			1
2022			5,705
2021			105
2020			6
2019			455
Prior			1
Term Total			6,273
Revolving			493
Total	480	$ 373	6,766	$ 1,211
Other commercial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	6,057		6,057		27,097
Year Two	28,024		28,024		4,815
Year Three	39,057		39,057		17,911
Year Four	14,778		14,778		147
Year Five	102		102		931
Prior	10,095		10,095		14,145
Term Total	98,113		98,113		65,046
Revolving	27,640		27,640		48,295
Total	125,753		125,753		113,341
Working capital lines of credit loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			125
Prior			0
Term Total			125
Revolving			161
Total			286
Working capital lines of credit loans | Commercial and industrial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	233		233		2,407
Year Two	2,269		2,269		2,718
Year Three	2,417		2,417		1,601
Year Four	1,250		1,250		300
Year Five	139		139		0
Prior	0		0		0
Term Total	6,308		6,308		7,026
Revolving	583,070		583,070		644,013
Total	589,378		589,378		651,039
Non-working capital loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			5,400
2021			0
2020			0
2019			118
Prior			0
Term Total			5,518
Revolving			40
Total			5,558
Non-working capital loans | Commercial and industrial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	150,545		150,545		287,443
Year Two	271,335		271,335		128,642
Year Three	94,324		94,324		98,125
Year Four	61,846		61,846		48,427
Year Five	38,521		38,521		11,611
Prior	21,462		21,462		20,633
Term Total	638,033		638,033		594,881
Revolving	174,438		174,438		246,814
Total	812,471		812,471		841,695
Construction and land development loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
Prior			0
Term Total			0
Revolving			0
Total			0
Construction and land development loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	41,662		41,662		26,889
Year Two	20,498		20,498		19,944
Year Three	10,870		10,870		14,026
Year Four	13,078		13,078		356
Year Five	178		178		0
Prior	0		0		0
Term Total	86,286		86,286		61,215
Revolving	544,725		544,725		453,953
Total	631,011		631,011		515,168
Owner occupied loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
Prior			0
Term Total			0
Revolving			0
Total			0
Owner occupied loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	121,854		121,854		116,924
Year Two	136,919		136,919		186,727
Year Three	166,854		166,854		141,371
Year Four	133,527		133,527		98,172
Year Five	67,513		67,513		68,171
Prior	133,281		133,281		105,618
Term Total	759,948		759,948		716,983
Revolving	50,695		50,695		40,533
Total	810,643		810,643		757,516
Nonowner occupied loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
Prior			0
Term Total			0
Revolving			0
Total			0
Nonowner occupied loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	89,728		89,728		194,294
Year Two	176,453		176,453		136,214
Year Three	136,964		136,964		134,661
Year Four	130,626		130,626		91,907
Year Five	88,244		88,244		15,109
Prior	75,139		75,139		64,874
Term Total	697,154		697,154		637,059
Revolving	43,097		43,097		68,603
Total	740,251		740,251		705,662
Multifamily loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
Prior			0
Term Total			0
Revolving			0
Total			0
Multifamily loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	98,476		98,476		60,315
Year Two	23,445		23,445		25,741
Year Three	9,094		9,094		36,929
Year Four	35,972		35,972		35,695
Year Five	33,621		33,621		2,046
Prior	30,149		30,149		28,866
Term Total	230,757		230,757		189,592
Revolving	5,518		5,518		7,349
Total	236,275		236,275		196,941
Loans secured by farmland
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
Prior			0
Term Total			0
Revolving			0
Total			0
Loans secured by farmland | Agri-business and agricultural loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	20,352		20,352		38,604
Year Two	32,883		32,883		28,684
Year Three	25,842		25,842		31,417
Year Four	27,886		27,886		11,436
Year Five	9,948		9,948		8,145
Prior	20,219		20,219		19,798
Term Total	137,130		137,130		138,084
Revolving	46,102		46,102		63,094
Total	183,232		183,232		201,178
Loans for agricultural production
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
Prior			0
Term Total			0
Revolving			0
Total			0
Loans for agricultural production | Agri-business and agricultural loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	27,282		27,282		6,987
Year Two	11,290		11,290		30,505
Year Three	28,082		28,082		29,429
Year Four	26,366		26,366		4,553
Year Five	3,981		3,981		9,248
Prior	11,077		11,077		4,539
Term Total	108,078		108,078		85,261
Revolving	89,311		89,311		145,728
Total	197,389		197,389		230,989
Other commercial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
Prior			0
Term Total			0
Revolving			0
Total			0
Closed end first mortgage loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
Prior			0
Term Total			0
Revolving			0
Total			0
Closed end first mortgage loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	53,560		53,560		66,172
Year Two	63,294		63,294		57,140
Year Three	52,256		52,256		32,864
Year Four	27,659		27,659		10,741
Year Five	8,854		8,854		7,098
Prior	31,477		31,477		32,808
Term Total	237,100		237,100		206,823
Revolving	9,674		9,674		5,634
Total	246,774		246,774		212,457
Open end and junior lien loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			50
2021			14
2020			0
2019			0
Prior			0
Term Total			64
Revolving			99
Total			163
Open end and junior lien loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	22,056		22,056		44,609
Year Two	32,822		32,822		14,138
Year Three	10,021		10,021		3,371
Year Four	2,119		2,119		3,710
Year Five	2,574		2,574		1,600
Prior	2,251		2,251		2,252
Term Total	71,843		71,843		69,680
Revolving	119,657		119,657		107,702
Total	191,500		191,500		177,382
Residential construction loans:
Financing Receivable, Credit Quality Indicator [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
Prior			0
Term Total			0
Revolving			0
Total			0
Residential construction loans: | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	1,551		1,551		14,463
Year Two	7,352		7,352		2,167
Year Three	1,546		1,546		897
Year Four	857		857		291
Year Five	269		269		129
Prior	1,230		1,230		1,223
Term Total	12,805		12,805		19,170
Revolving	0		0		0
Total	12,805		12,805		19,170
Other consumer loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023			1
2022			255
2021			91
2020			6
2019			212
Prior			1
Term Total			566
Revolving			193
Total			759
Other consumer loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	25,723		25,723		25,739
Year Two	19,906		19,906		16,404
Year Three	12,548		12,548		9,600
Year Four	7,044		7,044		4,416
Year Five	1,955		1,955		2,755
Prior	2,275		2,275		2,300
Term Total	69,451		69,451		61,214
Revolving	24,032		24,032		26,644
Total	93,483		93,483		87,858
Pass | Other commercial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	6,057		6,057		27,097
Year Two	28,024		28,024		4,815
Year Three	39,057		39,057		17,911
Year Four	14,778		14,778		147
Year Five	102		102		931
Prior	7,488		7,488		10,985
Term Total	95,506		95,506		61,886
Revolving	27,640		27,640		48,295
Total	123,146		123,146		110,181
Pass | Working capital lines of credit loans | Commercial and industrial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	233		233		2,207
Year Two	1,959		1,959		2,718
Year Three	2,342		2,342		1,601
Year Four	1,250		1,250		0
Year Five	0		0		0
Prior	0		0		0
Term Total	5,784		5,784		6,526
Revolving	509,151		509,151		597,108
Total	514,935		514,935		603,634
Pass | Non-working capital loans | Commercial and industrial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	147,472		147,472		272,273
Year Two	257,402		257,402		124,600
Year Three	91,572		91,572		91,850
Year Four	54,567		54,567		47,711
Year Five	35,601		35,601		9,981
Prior	15,151		15,151		13,670
Term Total	601,765		601,765		560,085
Revolving	168,621		168,621		240,490
Total	770,386		770,386		800,575
Pass | Construction and land development loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	41,662		41,662		26,889
Year Two	20,498		20,498		19,944
Year Three	10,870		10,870		14,026
Year Four	13,078		13,078		356
Year Five	178		178		0
Prior	0		0		0
Term Total	86,286		86,286		61,215
Revolving	544,725		544,725		453,953
Total	631,011		631,011		515,168
Pass | Owner occupied loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	114,935		114,935		113,656
Year Two	135,960		135,960		179,014
Year Three	158,405		158,405		139,880
Year Four	132,051		132,051		97,353
Year Five	65,426		65,426		65,519
Prior	129,363		129,363		97,335
Term Total	736,140		736,140		692,757
Revolving	36,067		36,067		40,533
Total	772,207		772,207		733,290
Pass | Nonowner occupied loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	85,176		85,176		194,294
Year Two	176,453		176,453		125,190
Year Three	130,612		130,612		134,661
Year Four	130,626		130,626		91,907
Year Five	88,244		88,244		15,109
Prior	72,871		72,871		64,874
Term Total	683,982		683,982		626,035
Revolving	43,097		43,097		68,603
Total	727,079		727,079		694,638
Pass | Multifamily loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	78,741		78,741		38,460
Year Two	23,445		23,445		25,741
Year Three	9,094		9,094		36,929
Year Four	35,972		35,972		35,695
Year Five	33,621		33,621		2,046
Prior	30,149		30,149		28,866
Term Total	211,022		211,022		167,737
Revolving	5,518		5,518		7,349
Total	216,540		216,540		175,086
Pass | Loans secured by farmland | Agri-business and agricultural loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	20,352		20,352		38,344
Year Two	32,883		32,883		28,684
Year Three	25,842		25,842		29,741
Year Four	27,886		27,886		9,656
Year Five	9,940		9,940		8,145
Prior	20,114		20,114		19,638
Term Total	137,017		137,017		134,208
Revolving	46,102		46,102		63,094
Total	183,119		183,119		197,302
Pass | Loans for agricultural production | Agri-business and agricultural loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	27,282		27,282		6,040
Year Two	11,290		11,290		30,262
Year Three	27,881		27,881		22,167
Year Four	26,015		26,015		3,625
Year Five	3,981		3,981		9,248
Prior	11,077		11,077		4,539
Term Total	107,526		107,526		75,881
Revolving	88,811		88,811		143,599
Total	196,337		196,337		219,480
Pass | Closed end first mortgage loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	8,072		8,072		8,768
Year Two	10,663		10,663		12,809
Year Three	12,954		12,954		12,289
Year Four	9,354		9,354		4,805
Year Five	4,476		4,476		4,045
Prior	4,753		4,753		3,860
Term Total	50,272		50,272		46,576
Revolving	9,674		9,674		5,634
Total	59,946		59,946		52,210
Pass | Open end and junior lien loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	565		565		137
Year Two	137		137		541
Year Three	504		504		357
Year Four	339		339		63
Year Five	0		0		75
Prior	7		7		0
Term Total	1,552		1,552		1,173
Revolving	8,722		8,722		5,841
Total	10,274		10,274		7,014
Pass | Other consumer loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	1,908		1,908		1,344
Year Two	808		808		1,841
Year Three	1,505		1,505		432
Year Four	358		358		600
Year Five	0		0		0
Prior	0		0		948
Term Total	4,579		4,579		5,165
Revolving	13,393		13,393		16,152
Total	17,972		17,972		21,317
Special Mention | Other commercial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		0
Year Two	0		0		0
Year Three	0		0		0
Year Four	0		0		0
Year Five	0		0		0
Prior	2,607		2,607		3,160
Term Total	2,607		2,607		3,160
Revolving	0		0		0
Total	2,607		2,607		3,160
Special Mention | Working capital lines of credit loans | Commercial and industrial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		0
Year Two	0		0		0
Year Three	0		0		0
Year Four	0		0		0
Year Five	0		0		0
Prior	0		0		0
Term Total	0		0		0
Revolving	67,764		67,764		36,410
Total	67,764		67,764		36,410
Special Mention | Non-working capital loans | Commercial and industrial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	490		490		448
Year Two	8,926		8,926		1,620
Year Three	1,051		1,051		0
Year Four	2,279		2,279		109
Year Five	2,644		2,644		159
Prior	5,643		5,643		2,961
Term Total	21,033		21,033		5,297
Revolving	5,253		5,253		2,153
Total	26,286		26,286		7,450
Special Mention | Construction and land development loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0
Year Two	0		0
Year Three	0		0
Year Four	0		0
Year Five	0		0
Prior	0		0
Term Total	0		0
Revolving	0		0
Total	0		0
Special Mention | Owner occupied loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	6,696		6,696		2,960
Year Two	694		694		7,608
Year Three	8,449		8,449		0
Year Four	0		0		446
Year Five	1,735		1,735		1,491
Prior	2,758		2,758		8,054
Term Total	20,332		20,332		20,559
Revolving	14,628		14,628		0
Total	34,960		34,960		20,559
Special Mention | Nonowner occupied loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	4,552		4,552		0
Year Two	0		0		11,024
Year Three	6,352		6,352		0
Year Four	0		0		0
Year Five	0		0		0
Prior	2,268		2,268		0
Term Total	13,172		13,172		11,024
Revolving	0		0		0
Total	13,172		13,172		11,024
Special Mention | Multifamily loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	19,735		19,735		21,855
Year Two	0		0		0
Year Three	0		0		0
Year Four	0		0		0
Year Five	0		0		0
Prior	0		0		0
Term Total	19,735		19,735		21,855
Revolving	0		0		0
Total	19,735		19,735		21,855
Special Mention | Loans secured by farmland | Agri-business and agricultural loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		260
Year Two	0		0		0
Year Three	0		0		1,676
Year Four	0		0		1,780
Year Five	8		8		0
Prior	0		0		15
Term Total	8		8		3,731
Revolving	0		0		0
Total	8		8		3,731
Special Mention | Loans for agricultural production | Agri-business and agricultural loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		947
Year Two	0		0		243
Year Three	201		201		7,262
Year Four	351		351		928
Year Five	0		0		0
Prior	0		0		0
Term Total	552		552		9,380
Revolving	500		500		2,129
Total	1,052		1,052		11,509
Special Mention | Closed end first mortgage loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		0
Year Two	0		0		0
Year Three	0		0		552
Year Four	527		527		0
Year Five	0		0		0
Prior	0		0		0
Term Total	527		527		552
Revolving	0		0		0
Total	527		527		552
Substandard | Working capital lines of credit loans | Commercial and industrial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		200
Year Two	310		310		0
Year Three	75		75		0
Year Four	0		0		300
Year Five	139		139		0
Prior	0		0		0
Term Total	524		524		500
Revolving	6,155		6,155		10,495
Total	6,679		6,679		10,995
Substandard | Non-working capital loans | Commercial and industrial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	575		575		11,831
Year Two	2,699		2,699		872
Year Three	689		689		5,021
Year Four	4,036		4,036		194
Year Five	62		62		1,351
Prior	632		632		3,979
Term Total	8,693		8,693		23,248
Revolving	564		564		4,171
Total	9,257		9,257		27,419
Substandard | Owner occupied loans | Commercial Real Estate and Multifamily Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	223		223		308
Year Two	265		265		105
Year Three	0		0		1,491
Year Four	1,476		1,476		373
Year Five	352		352		1,161
Prior	1,160		1,160		229
Term Total	3,476		3,476		3,667
Revolving	0		0		0
Total	3,476		3,476		3,667
Substandard | Loans secured by farmland | Agri-business and agricultural loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		0
Year Two	0		0		0
Year Three	0		0		0
Year Four	0		0		0
Year Five	0		0		0
Prior	105		105		145
Term Total	105		105		145
Revolving	0		0		0
Total	105		105		145
Substandard | Closed end first mortgage loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		0
Year Two	0		0		0
Year Three	96		96		0
Year Four	125		125		0
Year Five	0		0		83
Prior	258		258		1,944
Term Total	479		479		2,027
Revolving	0		0		0
Total	479		479		2,027
Substandard | Open end and junior lien loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		0
Year Two	0		0		0
Year Three	0		0		0
Year Four	0		0		31
Year Five	27		27		49
Prior	48		48		0
Term Total	75		75		80
Revolving	129		129		111
Total	204		204		191
Substandard | Other consumer loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	0		0		0
Year Two	0		0		0
Year Three	0		0		0
Year Four	0		0		210
Year Five	3		3		0
Prior	0		0		0
Term Total	3		3		210
Revolving	0		0		0
Total	3		3		210
Not Rated | Non-working capital loans | Commercial and industrial loans:
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	2,008		2,008		2,891
Year Two	2,308		2,308		1,550
Year Three	1,012		1,012		1,254
Year Four	964		964		413
Year Five	214		214		120
Prior	36		36		23
Term Total	6,542		6,542		6,251
Revolving	0		0		0
Total	6,542		6,542		6,251
Not Rated | Closed end first mortgage loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	45,488		45,488		57,404
Year Two	52,631		52,631		44,331
Year Three	39,206		39,206		20,023
Year Four	17,653		17,653		5,936
Year Five	4,378		4,378		2,970
Prior	26,466		26,466		27,004
Term Total	185,822		185,822		157,668
Revolving	0		0		0
Total	185,822		185,822		157,668
Not Rated | Open end and junior lien loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	21,491		21,491		44,472
Year Two	32,685		32,685		13,597
Year Three	9,517		9,517		3,014
Year Four	1,780		1,780		3,616
Year Five	2,547		2,547		1,476
Prior	2,196		2,196		2,252
Term Total	70,216		70,216		68,427
Revolving	110,806		110,806		101,750
Total	181,022		181,022		170,177
Not Rated | Residential construction loans: | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	1,551		1,551		14,463
Year Two	7,352		7,352		2,167
Year Three	1,546		1,546		897
Year Four	857		857		291
Year Five	269		269		129
Prior	1,230		1,230		1,223
Term Total	12,805		12,805		19,170
Revolving	0		0		0
Total	12,805		12,805		19,170
Not Rated | Other consumer loans | Consumer 1-4 Family Mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year One	23,815		23,815		24,395
Year Two	19,098		19,098		14,563
Year Three	11,043		11,043		9,168
Year Four	6,686		6,686		3,606
Year Five	1,952		1,952		2,755
Prior	2,275		2,275		1,352
Term Total	64,869		64,869		55,839
Revolving	10,639		10,639		10,492
Total	$ 75,508		$ 75,508		$ 66,331

ALLOWANCE FOR CREDIT LOSSES A_5

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY - Additional Information (Details) - USD ($)	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan amount of credit quality analysis	$ 250,000
Loans receivable before allowance for credit loss	4,870,965,000	$ 4,710,396,000
PPP | Pass
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans receivable before allowance for credit loss	$ 1,500,000	$ 1,500,000

ALLOWANCE FOR CREDIT LOSSES A_6

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY - Aging Of The Amortized Cost In Past Due Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	$ 4,870,965	$ 4,710,396
Total Nonaccrual	16,290	16,964
Nonaccrual With No Allowance For Credit Loss	2,330	2,615
Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	4,852,877	4,692,144
30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	1,779	1,165
Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	19	123
Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	4,854,675	4,693,432
Commercial and industrial loans: | Working capital lines of credit loans
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	589,378	651,039
Total Nonaccrual	5,372	1,442
Nonaccrual With No Allowance For Credit Loss	109	0
Commercial and industrial loans: | Working capital lines of credit loans | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	583,816	649,529
Commercial and industrial loans: | Working capital lines of credit loans | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	190	68
Commercial and industrial loans: | Working capital lines of credit loans | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Commercial and industrial loans: | Working capital lines of credit loans | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	584,006	649,597
Commercial and industrial loans: | Non-working capital loans
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	812,471	841,695
Total Nonaccrual	7,224	11,622
Nonaccrual With No Allowance For Credit Loss	253	727
Commercial and industrial loans: | Non-working capital loans | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	805,042	830,033
Commercial and industrial loans: | Non-working capital loans | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	205	39
Commercial and industrial loans: | Non-working capital loans | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	1
Commercial and industrial loans: | Non-working capital loans | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	805,247	830,073
Commercial Real Estate and Multifamily Residential | Construction and land development loans
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	631,011	515,168
Total Nonaccrual	0	0
Nonaccrual With No Allowance For Credit Loss	0	0
Commercial Real Estate and Multifamily Residential | Construction and land development loans | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	631,011	515,168
Commercial Real Estate and Multifamily Residential | Construction and land development loans | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	0	0
Commercial Real Estate and Multifamily Residential | Construction and land development loans | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Commercial Real Estate and Multifamily Residential | Construction and land development loans | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	631,011	515,168
Commercial Real Estate and Multifamily Residential | Owner occupied loans
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	810,643	757,516
Total Nonaccrual	2,902	3,065
Nonaccrual With No Allowance For Credit Loss	1,426	1,469
Commercial Real Estate and Multifamily Residential | Owner occupied loans | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	807,741	754,451
Commercial Real Estate and Multifamily Residential | Owner occupied loans | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	0	0
Commercial Real Estate and Multifamily Residential | Owner occupied loans | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Commercial Real Estate and Multifamily Residential | Owner occupied loans | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	807,741	754,451
Commercial Real Estate and Multifamily Residential | Nonowner occupied loans
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	740,251	705,662
Total Nonaccrual	0	0
Nonaccrual With No Allowance For Credit Loss	0	0
Commercial Real Estate and Multifamily Residential | Nonowner occupied loans | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	740,251	705,662
Commercial Real Estate and Multifamily Residential | Nonowner occupied loans | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	0	0
Commercial Real Estate and Multifamily Residential | Nonowner occupied loans | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Commercial Real Estate and Multifamily Residential | Nonowner occupied loans | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	740,251	705,662
Commercial Real Estate and Multifamily Residential | Multifamily loans
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	236,275	196,941
Total Nonaccrual	0	0
Nonaccrual With No Allowance For Credit Loss	0	0
Commercial Real Estate and Multifamily Residential | Multifamily loans | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	236,275	196,941
Commercial Real Estate and Multifamily Residential | Multifamily loans | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	0	0
Commercial Real Estate and Multifamily Residential | Multifamily loans | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Commercial Real Estate and Multifamily Residential | Multifamily loans | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	236,275	196,941
Agri-business and agricultural loans: | Loans secured by farmland
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	183,232	201,178
Total Nonaccrual	104	145
Nonaccrual With No Allowance For Credit Loss	0	0
Agri-business and agricultural loans: | Loans secured by farmland | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	183,128	201,033
Agri-business and agricultural loans: | Loans secured by farmland | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	0	0
Agri-business and agricultural loans: | Loans secured by farmland | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Agri-business and agricultural loans: | Loans secured by farmland | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	183,128	201,033
Agri-business and agricultural loans: | Loans for agricultural production
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	197,389	230,989
Total Nonaccrual	0	0
Nonaccrual With No Allowance For Credit Loss	0	0
Agri-business and agricultural loans: | Loans for agricultural production | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	197,389	230,989
Agri-business and agricultural loans: | Loans for agricultural production | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	0	0
Agri-business and agricultural loans: | Loans for agricultural production | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Agri-business and agricultural loans: | Loans for agricultural production | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	197,389	230,989
Agri-business and agricultural loans: | Other commercial loans:
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	125,753	113,341
Total Nonaccrual	0	0
Nonaccrual With No Allowance For Credit Loss	0	0
Agri-business and agricultural loans: | Other commercial loans: | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	125,753	113,341
Agri-business and agricultural loans: | Other commercial loans: | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	0	0
Agri-business and agricultural loans: | Other commercial loans: | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Agri-business and agricultural loans: | Other commercial loans: | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	125,753	113,341
Consumer 1-4 Family Mortgage | Closed end first mortgage loans
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	246,774	212,457
Total Nonaccrual	482	293
Nonaccrual With No Allowance For Credit Loss	336	225
Consumer 1-4 Family Mortgage | Closed end first mortgage loans | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	245,544	211,736
Consumer 1-4 Family Mortgage | Closed end first mortgage loans | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	729	306
Consumer 1-4 Family Mortgage | Closed end first mortgage loans | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	19	122
Consumer 1-4 Family Mortgage | Closed end first mortgage loans | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	246,292	212,164
Consumer 1-4 Family Mortgage | Open end and junior lien loans
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	191,500	177,382
Total Nonaccrual	202	188
Nonaccrual With No Allowance For Credit Loss	202	188
Consumer 1-4 Family Mortgage | Open end and junior lien loans | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	191,127	176,758
Consumer 1-4 Family Mortgage | Open end and junior lien loans | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	171	436
Consumer 1-4 Family Mortgage | Open end and junior lien loans | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Consumer 1-4 Family Mortgage | Open end and junior lien loans | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	191,298	177,194
Consumer 1-4 Family Mortgage | Residential construction loans:
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	12,805	19,170
Total Nonaccrual	0	0
Nonaccrual With No Allowance For Credit Loss	0	0
Consumer 1-4 Family Mortgage | Residential construction loans: | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	12,805	19,170
Consumer 1-4 Family Mortgage | Residential construction loans: | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	0	0
Consumer 1-4 Family Mortgage | Residential construction loans: | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Consumer 1-4 Family Mortgage | Residential construction loans: | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	12,805	19,170
Consumer 1-4 Family Mortgage | Other consumer loans
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	93,483	87,858
Total Nonaccrual	4	209
Nonaccrual With No Allowance For Credit Loss	4	6
Consumer 1-4 Family Mortgage | Other consumer loans | Loans Not Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	92,995	87,333
Consumer 1-4 Family Mortgage | Other consumer loans | 30-89 Days Past Due
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	484	316
Consumer 1-4 Family Mortgage | Other consumer loans | Greater than 89 Days Past Due and Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Greater than 89 Days Past Due and Accruing	0	0
Consumer 1-4 Family Mortgage | Other consumer loans | Total Accruing
Financing Receivable, Amortized Cost, Aging [Abstract]
Loans	$ 93,479	$ 87,649

ALLOWANCE FOR CREDIT LOSSES A_7

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY - Amortized Cost Basis Of Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Collateral Dependent Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate	$ 1,395	$ 3,225
General Business  Assets	13,332	25,147
Other	1,668	1,397
Total	16,395	29,769
Commercial and industrial loans: | Working capital lines of credit loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate	50	50
General Business  Assets	5,063	5,402
Other	109	0
Total	5,222	5,452
Commercial and industrial loans: | Non-working capital loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate	44	544
General Business  Assets	6,689	18,109
Other	394	229
Total	7,127	18,882
Commercial Real Estate and Multifamily Residential | Owner occupied loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate	617	413
General Business  Assets	1,476	1,491
Other	1,161	1,161
Total	3,254	3,065
Agri-business and agricultural loans: | Loans secured by farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate	0	0
General Business  Assets	104	145
Other	0	0
Total	104	145
Consumer 1-4 Family Mortgage | Closed end first mortgage loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate	482	2,030
General Business  Assets	0	0
Other	0	0
Total	482	2,030
Consumer 1-4 Family Mortgage | Open end and junior lien loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate	202	188
General Business  Assets	0	0
Other	0	0
Total	202	188
Consumer 1-4 Family Mortgage | Other consumer loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Real Estate	0	0
General Business  Assets	0	0
Other	4	7
Total	$ 4	$ 7

ALLOWANCE FOR CREDIT LOSSES A_8

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY - Amortized Cost Basis of Each Class of Financing Receivables (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 2,931	$ 4,527
Percentage of loans receivable	0.06%	0.09%
Interest Rate Reduction
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 2,000	$ 2,000
Combination Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	931	931
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	0	1,596
Commercial and Industrial Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 2,931	$ 4,527
Percentage of loans receivable	0.21%	0.32%
Commercial and Industrial Loans | Interest Rate Reduction
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 2,000	$ 2,000
Commercial and Industrial Loans | Combination Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	931	931
Commercial and Industrial Loans | Combination Principal Forgiveness, Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	0	1,596
Commercial and Industrial Loans | Working capital lines of credit loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 2,931	$ 2,931
Percentage of loans receivable	0.50%	0.50%
Commercial and Industrial Loans | Working capital lines of credit loans | Interest Rate Reduction
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 2,000	$ 2,000
Commercial and Industrial Loans | Working capital lines of credit loans | Combination Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	931	931
Commercial and Industrial Loans | Working capital lines of credit loans | Combination Principal Forgiveness, Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 0	$ 0
Percentage of loans receivable	0.50%	0.50%
Commercial and Industrial Loans | Non-working capital loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 0	$ 1,596
Percentage of loans receivable	0%	0.20%
Commercial and Industrial Loans | Non-working capital loans | Interest Rate Reduction
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 0	$ 0
Commercial and Industrial Loans | Non-working capital loans | Combination Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	0	0
Commercial and Industrial Loans | Non-working capital loans | Combination Principal Forgiveness, Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension	$ 0	$ 1,596
Percentage of loans receivable	0%	0.20%

ALLOWANCE FOR CREDIT LOSSES A_9

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY - Financial Effect of Loan Modifications (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 2,931	$ 4,527
Percentage of loans receivable	0.06%	0.09%
Interest Rate Reduction
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 2,000	$ 2,000
Combination Principal Forgiveness, Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	0	1,596
Commercial and Industrial Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 2,931	$ 4,527
Percentage of loans receivable	0.21%	0.32%
Commercial and Industrial Loans | Interest Rate Reduction
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 2,000	$ 2,000
Commercial and Industrial Loans | Combination Principal Forgiveness, Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	0	1,596
Commercial and Industrial Loans | Working capital lines of credit loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 2,931	$ 2,931
Percentage of loans receivable	0.50%	0.50%
Commercial and Industrial Loans | Working capital lines of credit loans | Principal Forgiveness
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 0	$ 0
Commercial and Industrial Loans | Working capital lines of credit loans | Interest Rate Reduction
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 2,000	$ 2,000
Interest Rate Reduction Financial Effect	1%	1%
Commercial and Industrial Loans | Working capital lines of credit loans | Interest Rate Reduction | Minimum
Financing Receivable, Allowance for Credit Loss [Line Items]
Interest Rate Reduction Financial Effect	1%	1%
Commercial and Industrial Loans | Working capital lines of credit loans | Interest Rate Reduction | Maximum
Financing Receivable, Allowance for Credit Loss [Line Items]
Interest Rate Reduction Financial Effect	1%	1%
Commercial and Industrial Loans | Working capital lines of credit loans | Extended Maturity | Minimum
Financing Receivable, Allowance for Credit Loss [Line Items]
Term Extension Financial Effect	12 months	12 months
Commercial and Industrial Loans | Working capital lines of credit loans | Extended Maturity | Maximum
Financing Receivable, Allowance for Credit Loss [Line Items]
Term Extension Financial Effect	120 months	120 months
Commercial and Industrial Loans | Working capital lines of credit loans | Combination Principal Forgiveness, Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 0	$ 0
Percentage of loans receivable	0.50%	0.50%
Commercial and Industrial Loans | Non-working capital loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 0	$ 1,596
Percentage of loans receivable	0%	0.20%
Commercial and Industrial Loans | Non-working capital loans | Principal Forgiveness
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 0	$ 9,380
Commercial and Industrial Loans | Non-working capital loans | Interest Rate Reduction
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	0	$ 0
Commercial and Industrial Loans | Non-working capital loans | Interest Rate Reduction | Minimum
Financing Receivable, Allowance for Credit Loss [Line Items]
Interest Rate Reduction Financial Effect		0.75%
Commercial and Industrial Loans | Non-working capital loans | Interest Rate Reduction | Maximum
Financing Receivable, Allowance for Credit Loss [Line Items]
Interest Rate Reduction Financial Effect		1%
Commercial and Industrial Loans | Non-working capital loans | Extended Maturity | Minimum
Financing Receivable, Allowance for Credit Loss [Line Items]
Term Extension Financial Effect		40 months
Commercial and Industrial Loans | Non-working capital loans | Extended Maturity | Maximum
Financing Receivable, Allowance for Credit Loss [Line Items]
Term Extension Financial Effect		300 months
Commercial and Industrial Loans | Non-working capital loans | Combination Principal Forgiveness, Interest Rate Reduction and Term Extension
Financing Receivable, Allowance for Credit Loss [Line Items]
Principal Forgiveness	$ 0	$ 1,596
Percentage of loans receivable	0%	0.20%

BORROWINGS - Long-term Borrowin

BORROWINGS - Long-term Borrowings (Details) $ in Millions	Sep. 30, 2023 USD ($)
Federal Home Loan Bank Of Indianapolis Notes One Point Six One Percentage Due January Seven Two Thousand Twenty
Debt Instrument [Line Items]
Interest rate	4.21%
FHLB bullet advance	$ 275
Federal Home Loan Bank Advances
Debt Instrument [Line Items]
Long-term FHLB advances	$ 90
Interest rate	5.55%

BORROWINGS - Revolving Credit A

BORROWINGS - Revolving Credit Agreement (Details) - USD ($)	9 Months Ended
	Sep. 30, 2023	Oct. 11, 2023	Jul. 29, 2023	Dec. 31, 2022	Aug. 02, 2019
Line of Credit Facility [Line Items]
Federal Funds purchased	$ 0			$ 22,000,000
Unsecured Revolving Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 12,500,000		$ 30,000,000
Debt instrument, term	1 year
Federal Funds purchased	$ 0			$ 0
Unsecured Revolving Credit Agreement | Subsequent Event
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 30,000,000

FAIR VALUE DISCLOSURES - Additi

FAIR VALUE DISCLOSURES - Additional Information (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($) prepaymentSpeed	Dec. 31, 2022 prepaymentSpeed
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	3.50%
Mortgage servicing rights	$ 2,300,000
Weighted average maturity of residential mortgages	20 years
Qualitative information used to estimate fair value | prepaymentSpeed	148	159
Discount rate used to estimate fair value		9.50%
Minimum
Assets Pledged As Collateral For Loans Receivable [Line Items]
Amount of variance	$ 100,000
Discount rate used to estimate fair value	9.50%
Minimum | Commercial Real Estates | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	30%
Minimum | Inventory Finished Goods | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	40%
Minimum | Finished Goods | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	40%
Minimum | Inventory Work In Process | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	60%
Minimum | Equipment | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	20%
Minimum | Marketable Securities | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	10%
Maximum
Assets Pledged As Collateral For Loans Receivable [Line Items]
Discount rate used to estimate fair value	11.50%
Maximum | Commercial Real Estates | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	50%
Maximum | Inventory Finished Goods | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	60%
Maximum | Finished Goods | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	60%
Maximum | Inventory Work In Process | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	100%
Maximum | Equipment | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	50%
Maximum | Marketable Securities | Level 3
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of discount from appraised value (in hundredths)	30%
Municipal Notes | Minimum
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of variance	(5.00%)
Municipal Notes | Maximum
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of variance	5%
US Government Agencies Short-term Debt Securities | Minimum
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of variance	(3.00%)
US Government Agencies Short-term Debt Securities | Maximum
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of variance	3%
U.S. Treasury securities | Minimum
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of variance	(1.00%)
U.S. Treasury securities | Maximum
Assets Pledged As Collateral For Loans Receivable [Line Items]
Percentage of variance	1%

FAIR VALUE DISCLOSURES - Assets

FAIR VALUE DISCLOSURES - Assets and Liabilities Measured At Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Assets:
Total securities available-for-sale	$ 975,532	$ 1,185,528
Mortgage banking derivative	42,035	36,920
Fair Value, Measurements, Recurring
Assets:
U.S. Treasury securities	2,861	3,034
U.S. government sponsored agency securities	115,671	126,961
Mortgage-backed securities: residential	429,662	492,308
State and municipal securities	427,338	563,225
Total securities available-for-sale	975,532	1,185,528
Mortgage banking derivative	66	43
Interest rate swap derivative	42,035	36,920
Total assets	1,017,633	1,222,491
Liabilities:
Interest rate swap derivative	42,036	36,921
Total liabilities	42,036	36,921
Level 1 | Fair Value, Measurements, Recurring
Assets:
U.S. Treasury securities	2,861	3,034
U.S. government sponsored agency securities	0	0
Mortgage-backed securities: residential	0	0
State and municipal securities	0	0
Total securities available-for-sale	2,861	3,034
Mortgage banking derivative	0	0
Interest rate swap derivative	0	0
Total assets	2,861	3,034
Liabilities:
Interest rate swap derivative	0	0
Total liabilities	0	0
Level 2 | Fair Value, Measurements, Recurring
Assets:
U.S. Treasury securities	0	0
U.S. government sponsored agency securities	115,671	126,961
Mortgage-backed securities: residential	429,662	492,308
State and municipal securities	425,348	561,150
Total securities available-for-sale	970,681	1,180,419
Mortgage banking derivative	66	43
Interest rate swap derivative	42,035	36,920
Total assets	1,012,782	1,217,382
Liabilities:
Interest rate swap derivative	42,036	36,921
Total liabilities	42,036	36,921
Level 3 | Fair Value, Measurements, Recurring
Assets:
U.S. Treasury securities	0	0
U.S. government sponsored agency securities	0	0
Mortgage-backed securities: residential	0	0
State and municipal securities	1,990	2,075
Total securities available-for-sale	1,990	2,075
Mortgage banking derivative	0	0
Interest rate swap derivative	0	0
Total assets	1,990	2,075
Liabilities:
Interest rate swap derivative	0	0
Total liabilities	$ 0	$ 0

FAIR VALUE DISCLOSURES - Asse_2

FAIR VALUE DISCLOSURES - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 5,414	$ 11,992
Other real estate owned	384	100
Total assets	5,798	12,092
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Other real estate owned	0	0
Total assets	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Other real estate owned	0	0
Total assets	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	5,414	11,992
Other real estate owned	384	100
Total assets	5,798	12,092
Commercial and industrial loans: | Working capital lines of credit loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2,832	3,178
Commercial and industrial loans: | Working capital lines of credit loans | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Commercial and industrial loans: | Working capital lines of credit loans | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Commercial and industrial loans: | Working capital lines of credit loans | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2,832	3,178
Commercial and industrial loans: | Non-working capital loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2,187	8,354
Commercial and industrial loans: | Non-working capital loans | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Commercial and industrial loans: | Non-working capital loans | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Commercial and industrial loans: | Non-working capital loans | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2,187	8,354
Commercial Real Estate and Multifamily Residential | Owner occupied loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	369	425
Commercial Real Estate and Multifamily Residential | Owner occupied loans | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Commercial Real Estate and Multifamily Residential | Owner occupied loans | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Commercial Real Estate and Multifamily Residential | Owner occupied loans | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	369	425
Agri-business and agricultural loans | Loans secured by farmland
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	26	35
Agri-business and agricultural loans | Loans secured by farmland | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Agri-business and agricultural loans | Loans secured by farmland | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Agri-business and agricultural loans | Loans secured by farmland | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 26	$ 35

FAIR VALUE DISCLOSURES - Valuat

FAIR VALUE DISCLOSURES - Valuation Methodology and Unobservable Inputs for Level 3 Assets (Details) - Fair Value, Measurements, Nonrecurring $ in Thousands	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 5,414	$ 11,992
Commercial and industrial loans: | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 5,019	$ 11,532
Commercial and industrial loans: | Average | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.74	0.62
Commercial and industrial loans: | Minimum | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.10	0.29
Commercial and industrial loans: | Maximum | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.99	0.99
Commercial Real Estate and Multifamily Residential | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 369	$ 425
Commercial Real Estate and Multifamily Residential | Average | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.75	0.57
Commercial Real Estate and Multifamily Residential | Minimum | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs		0.37
Commercial Real Estate and Multifamily Residential | Maximum | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs		0.76
Agri-business and agricultural loans | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 26	$ 35
Agri-business and agricultural loans | Average | Valuation, Collateral Based Measurements | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.75	0.76
Other Real Estate Owned | Valuation, Cost Approach | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Fair Value	$ 384	$ 100
Other Real Estate Owned | Average | Valuation, Cost Approach | Measurement Input, Discount Rate
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items]
Average and Range of Inputs	0.36	0.68

FAIR VALUE DISCLOSURES - Estima

FAIR VALUE DISCLOSURES - Estimated Fair Values And The Related Carrying Values Of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Financial Assets:
Securities available-for-sale, at fair value	$ 975,532	$ 1,185,528
Securities held-to-maturity	102,629	111,029
Financial Liabilities:
Federal Funds purchased		22,000
Federal Home Loan Bank advances	90,000
Carrying Value
Financial Assets:
Cash and cash equivalents	146,280	130,282
Securities available-for-sale, at fair value	975,532	1,185,528
Securities held-to-maturity	129,494	128,242
Real estate mortgages held-for-sale	572	357
Loans, net	4,798,860	4,637,790
Mortgage banking derivative	66	43
Interest rate swap derivative	42,035	36,920
Federal Reserve and Federal Home Loan Bank Stock	21,420	15,795
Accrued interest receivable	28,994	27,994
Financial Liabilities:
Certificates of deposit	1,072,091	626,186
All other deposits	4,584,984	4,834,434
Federal Funds purchased		22,000
Federal Home Loan Bank advances	90,000	275,000
Interest rate swap derivative	42,036	36,921
Standby letters of credit	353	249
Accrued interest payable	16,178	3,186
Estimated Fair Value
Financial Assets:
Cash and cash equivalents	146,280	130,282
Securities available-for-sale, at fair value	975,532	1,185,528
Securities held-to-maturity	102,629	111,029
Real estate mortgages held-for-sale	594	372
Loans, net	4,598,444	4,454,678
Mortgage banking derivative	66	43
Interest rate swap derivative	42,035	36,920
Accrued interest receivable	28,994	27,994
Financial Liabilities:
Certificates of deposit	1,060,130	621,206
All other deposits	4,584,984	4,834,434
Federal Home Loan Bank advances		275,000
Interest rate swap derivative	42,036	36,921
Standby letters of credit	353	249
Accrued interest payable	16,178	3,186
Level 1 | Estimated Fair Value
Financial Assets:
Cash and cash equivalents	146,280	129,069
Securities available-for-sale, at fair value	2,861	3,034
Securities held-to-maturity	0	0
Real estate mortgages held-for-sale	0	0
Loans, net	0	0
Mortgage banking derivative	0	0
Interest rate swap derivative	0	0
Accrued interest receivable	0	0
Financial Liabilities:
Certificates of deposit	0	0
All other deposits	4,584,984	4,834,434
Federal Funds purchased		22,000
Federal Home Loan Bank advances	90,000	275,000
Interest rate swap derivative	0	0
Standby letters of credit	0	0
Accrued interest payable	581	486
Level 2 | Estimated Fair Value
Financial Assets:
Cash and cash equivalents	0	1,213
Securities available-for-sale, at fair value	970,681	1,180,419
Securities held-to-maturity	102,629	111,029
Real estate mortgages held-for-sale	594	372
Loans, net	0	0
Mortgage banking derivative	66	43
Interest rate swap derivative	42,035	36,920
Accrued interest receivable	8,269	9,598
Financial Liabilities:
Certificates of deposit	1,060,130	621,206
All other deposits	0	0
Federal Funds purchased		0
Federal Home Loan Bank advances	0	0
Interest rate swap derivative	42,036	36,921
Standby letters of credit	0	0
Accrued interest payable	15,597	2,700
Level 3 | Estimated Fair Value
Financial Assets:
Cash and cash equivalents	0	0
Securities available-for-sale, at fair value	1,990	2,075
Securities held-to-maturity	0	0
Real estate mortgages held-for-sale	0	0
Loans, net	4,598,444	4,454,678
Mortgage banking derivative	0	0
Interest rate swap derivative	0	0
Accrued interest receivable	20,725	18,396
Financial Liabilities:
Certificates of deposit	0	0
All other deposits	0	0
Federal Funds purchased		0
Federal Home Loan Bank advances	0	0
Interest rate swap derivative	0	0
Standby letters of credit	353	249
Accrued interest payable	$ 0	$ 0

OFFSETTING ASSETS AND LIABILI_3

OFFSETTING ASSETS AND LIABILITIES - Schedule of Offsetting of Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Assets
Gross Amounts of Recognized Assets/Liabilities	$ 42,035	$ 36,920
Gross Amounts Offset in the Statement of Financial Position	0	0
Net Amounts presented in the Statement of Financial Position	42,035	36,920
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments	0	0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Position	(38,225)	(34,185)
Net Amount	3,810	2,735
Liabilities
Gross Amounts of Recognized Liabilities	42,036	36,921
Gross Amounts Offset in the Statement of Financial Position	0	0
Net Amounts presented in the Statement of Financial Position	42,036	36,921
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments	0	0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Position	(90)	(90)
Net Amounts presented in the Statement of Financial Position	41,946	36,831
Interest Rate Swap Derivatives
Assets
Gross Amounts of Recognized Assets/Liabilities	42,035	36,920
Gross Amounts Offset in the Statement of Financial Position	0	0
Net Amounts presented in the Statement of Financial Position	42,035	36,920
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments	0	0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Position	(38,225)	(34,185)
Net Amount	3,810	2,735
Liabilities
Gross Amounts of Recognized Liabilities	42,036	36,921
Gross Amounts Offset in the Statement of Financial Position	0	0
Net Amounts presented in the Statement of Financial Position	42,036	36,921
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments	0	0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Position	(90)	(90)
Net Amounts presented in the Statement of Financial Position	$ 41,946	$ 36,831

EARNINGS PER SHARE - Earnings P

EARNINGS PER SHARE - Earnings Per Share Computations (Details) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Number of antidilutive shares	0	0	0	0
Weighted average shares outstanding for basic earnings per common share	25,613,456	25,533,832	25,601,493	25,525,734
Dilutive effect of stock based awards	80,079	200,781	108,348	184,354
Weighted average shares outstanding for diluted earnings per common share	25,693,535	25,734,613	25,709,841	25,710,088
Basic earnings per common share (in dollars per share)	$ 0.99	$ 1.12	$ 2.51	$ 3.05
Diluted earnings per common share (in dollars per share)	$ 0.98	$ 1.11	$ 2.49	$ 3.03

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Changes in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 591,995	$ 562,063	$ 568,887	$ 704,906
Net current period other comprehensive (loss) income	(50,466)	(63,195)	(39,188)	(237,822)
Ending balance	557,184	519,220	557,184	519,220
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(177,645)	(158,534)	(188,923)	16,093
Other comprehensive income (loss) before reclassification	(50,900)	(63,620)	(40,407)	(238,689)
Amounts reclassified from accumulated other comprehensive income (loss)	434	425	1,219	867
Net current period other comprehensive (loss) income	(50,466)	(63,195)	(39,188)	(237,822)
Ending balance	(228,111)	(221,729)	(228,111)	(221,729)
Unrealized Gains and Losses on Available- for-Sales Securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(176,898)	(157,625)	(188,154)	17,056
Other comprehensive income (loss) before reclassification	(50,900)	(63,620)	(40,407)	(238,689)
Amounts reclassified from accumulated other comprehensive income (loss)	423	398	1,186	786
Net current period other comprehensive (loss) income	(50,477)	(63,222)	(39,221)	(237,903)
Ending balance	(227,375)	(220,847)	(227,375)	(220,847)
Defined Benefit Pension Items
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(747)	(909)	(769)	(963)
Other comprehensive income (loss) before reclassification	0	0	0	0
Amounts reclassified from accumulated other comprehensive income (loss)	11	27	33	81
Net current period other comprehensive (loss) income	11	27	33	81
Ending balance	$ (736)	$ (882)	$ (736)	$ (882)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest income	$ 88,623	$ 62,558	$ 252,325	$ 164,214
Net securities gains (losses)	(35)	0	(16)	0
Income tax expense	4,479	6,237	10,130	16,360
Other expense	2,609	3,724	7,742	10,262
Net income	25,252	28,525	64,141	77,840
Amount Reclassified From Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income	(434)	(425)	(1,219)	(867)
Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Debt Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense	113		316
Net income	(423)		(1,186)
Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Held-to-Maturity Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest income	(501)	(504)	(1,486)	(995)
Income tax expense		106		209
Net income		(398)		(786)
Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Available-for-Sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net securities gains (losses)	(35)		(16)
Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Defined Benefit Pension Items
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense	4	9	12	27
Other expense	(15)	(36)	(45)	(108)
Net income	$ (11)	$ (27)	$ (33)	$ (81)

LEASES - Maturity Analysis (Det

LEASES - Maturity Analysis (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2023	$ 183
2024	744
2025	756
2026	730
2027	753
2028 and thereafter	2,185
Total undiscounted lease payments	5,351
Less imputed interest	$ (503)
Operating lease, liability, statement of financial position	Other liabilities
Lease liability	$ 4,848
Operating lease, right-of-use asset, statement of financial position	Other Assets
Right-of-use asset	$ 4,848

LEASES - Lease Cost (Details)

LEASES - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Lease cost
Operating lease cost	$ 241	$ 169	$ 719	$ 502
Short-term lease cost	4	4	12	18
Total lease cost	$ 245	$ 173	$ 731	$ 520

LEASES - Other Information (Det

LEASES - Other Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Leases [Abstract]
Operating cash outflows from operating leases	$ 241	$ 169	$ 719	$ 502
Weighted-average remaining lease term - operating leases	6 years 6 months	7 years 6 months	6 years 6 months	7 years 6 months
Weighted average discount rate - operating leases	2.50%	2.50%	2.50%	2.50%