Citizens Financial Services (CZFS) 10-K 7 Mar 24 2023 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2023	Feb. 26, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Document Transition Report	false
Entity File Number	000-13222
Entity Registrant Name	CITIZENS FINANCIAL SERVICES, INC.
Entity Central Index Key	0000739421
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	23-2265045
Entity Address, Address Line One	15 South Main Street
Entity Address, City or Town	Mansfield
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	16933
City Area Code	570
Local Phone Number	662-2121
Title of 12(b) Security	Common Stock, Par value $1.0 per share
Trading Symbol	CZFS
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 330,697,000
Entity Common Stock, Shares Outstanding		4,706,994
Auditor Firm ID	74
Auditor Name	S.R. Snodgrass, P.C.
Auditor Location	Cranberry Township, Pennsylvania

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Cash and cash equivalents:
Noninterest-bearing	$ 37,733	$ 24,814
Interest-bearing	15,085	1,397
Total cash and cash equivalents	52,818	26,211
Interest bearing time deposits with other banks	4,070	6,055
Equity securities	1,938	2,208
Available-for-sale securities (net of allowance for credit losses of $0 for 2023)	417,601	439,506
Loans held for sale	9,379	725
Loans (net of allowance for credit losses: 2023, $21,153; 2022, $18,552)	2,227,683	1,706,447
Premises and equipment	21,384	17,619
Accrued interest receivable	11,043	7,332
Goodwill	85,758	31,376
Bank owned life insurance	49,897	39,355
Other intangibles	3,650	1,272
Fair value of derivative instruments - asset	13,687	16,599
Deferred tax asset	17,339	12,886
Other assets	59,074	25,802
TOTAL ASSETS	2,975,321	2,333,393
Deposits:
Noninterest-bearing	523,784	396,260
Interest-bearing	1,797,697	1,447,948
Total deposits	2,321,481	1,844,208
Borrowed funds	322,036	257,278
Accrued interest payable	4,298	1,232
Fair value of derivative instruments - liability	7,922	9,726
Other liabilities	39,918	20,802
TOTAL LIABILITIES	2,695,655	2,133,246
STOCKHOLDERS' EQUITY:
Preferred Stock $1.00 par value; authorized 3,000,000 shares 2023 and 2022; none issued in 2023 or 2022	0	0
Common Stock $1.00 par value; authorized 25,000,000 shares 2023 and 2022; issued 5,160,754 and 4,427,687 shares in 2023 and 2022, respectively	5,161	4,428
Additional paid-in capital	143,233	80,911
Retained earnings	172,975	164,922
Accumulated other comprehensive loss	(24,911)	(33,141)
Treasury stock, at cost: 453,760 and 456,478 shares for 2023 and 2022, respectively	(16,792)	(16,973)
TOTAL STOCKHOLDERS' EQUITY	279,666	200,147
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 2,975,321	$ 2,333,393

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS:
Allowance for credit losses	$ 0
Loans, allowance for credit losses - loans	$ 21,153	$ 18,552
STOCKHOLDERS' EQUITY:
Preferred Stock, par value (in dollars per share)	$ 1	$ 1
Preferred Stock, authorized (in shares)	3,000,000	3,000,000
Preferred Stock, issued (in shares)	0	0
Common Stock, par value (in dollars per share)	$ 1	$ 1
Common Stock, authorized (in shares)	25,000,000	25,000,000
Common Stock, issued (in shares)	5,160,754	4,427,687
Treasury stock, shares (in shares)	453,760	456,478

Consolidated Statement of Incom

Consolidated Statement of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INTEREST AND DIVIDEND INCOME:
Interest and fees on loans	$ 116,075	$ 74,265	$ 66,371
Interest-bearing deposits with banks	736	400	447
Investment securities:
Taxable	6,636	5,615	3,820
Nontaxable	2,264	2,454	2,201
Dividends	1,407	623	378
TOTAL INTEREST AND DIVIDEND INCOME	127,118	83,357	73,217
INTEREST EXPENSE:
Deposits	31,699	7,316	5,837
Borrowed funds	15,159	3,907	1,268
TOTAL INTEREST EXPENSE	46,858	11,223	7,105
NET INTEREST INCOME	80,260	72,134	66,112
Provision for credit losses	937	1,683	1,550
Provision for credit losses - acquisition day 1 non-PCD	4,591	0	0
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	74,732	70,451	64,562
NON-INTEREST INCOME:
Service charges	5,639	5,346	4,755
Trust	764	803	865
Brokerage and insurance	1,924	1,895	1,625
Equity security (losses) gains, net	(144)	(247)	339
Available for sale security (losses) gains, net	(51)	(14)	212
Gains on loans sold	1,452	258	1,283
Earnings on bank owned life insurance	1,254	852	1,828
Other	767	845	1,398
TOTAL NON-INTEREST INCOME	11,605	9,738	12,305
NON-INTEREST EXPENSES:
Salaries and employee benefits	34,990	27,837	25,902
Occupancy	4,123	3,138	2,966
Furniture and equipment	822	565	519
Professional fees	1,962	1,641	1,526
Federal depository insurance	1,475	676	522
Pennsylvania shares tax	583	907	880
Amortization of intangibles	373	156	192
Merger and acquisition	9,269	292	0
ORE expenses	166	17	439
Software expenses	1,784	1,446	1,321
Other	9,275	8,019	7,283
TOTAL NON-INTEREST EXPENSES	64,822	44,694	41,550
Income before provision for income taxes	21,515	35,495	35,317
Provision for income taxes	3,704	6,435	6,199
NET INCOME	$ 17,811	$ 29,060	$ 29,118
PER COMMON SHARE DATA:
EARNINGS PER SHARE - BASIC (in dollars per share)	$ 4.06	$ 7.25	$ 7.24
EARNINGS PER SHARE - DILUTED (in dollars per share)	4.06	7.25	7.24
CASH DIVIDENDS PER SHARE (in dollars per share)	$ 1.94	$ 1.88	$ 1.83
Number of shares used in computation - basic (in shares)	4,382,573	4,008,931	4,023,294
Number of shares used in computation - diluted (in shares)	4,382,573	4,008,931	4,023,294

Consolidated Statement of Chang

Consolidated Statement of Changes in Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statement of Changes in Comprehensive Income (Loss) [Abstract]
Net income	$ 17,811	$ 29,060	$ 29,118
Securities available for sale
Unrealized holding gain (loss) during the period	11,692	(47,885)	(7,071)
Income tax (benefit)	2,455	(10,056)	(1,485)
Subtotal	9,237	(37,829)	(5,586)
Reclassification adjustment for losses (gains) included in income	51	14	(212)
Income tax (benefit)	12	3	(44)
Subtotal	39	11	(168)
Unrealized (loss) gain on interest rate swap	(1,431)	4,963	1,920
Income tax (benefit)	(301)	1,043	402
Other comprehensive (loss) gain on interest rate swap	(1,130)	3,920	1,518
Change in unrecognized pension costs	106	1,155	1,892
Income tax (benefit)	22	243	398
Other comprehensive gain on unrecognized pension costs	84	912	1,494
Net other comprehensive income (loss)	8,230	(32,986)	(2,742)
Comprehensive income (loss)	$ 26,041	$ (3,926)	$ 26,376

Consolidated Statement of Cha_2

Consolidated Statement of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Total
Balance at Dec. 31, 2020	$ 4,350	$ 75,908	$ 126,627	$ 2,587	$ (15,213)	$ 194,259
Balance (in shares) at Dec. 31, 2020	4,350,342
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			29,118			29,118
Net other comprehensive income (loss)				(2,742)		(2,742)
Stock dividend	$ 39	2,313				0
Stock dividend			(2,352)
Stock dividend (in shares)	38,559
Purchase of treasury stock					(1,374)	(1,374)
Restricted stock, executive and Board of Director awards		(273)			444	171
Restricted stock vesting		443				443
Forfeited restricted stock		4			(4)	0
Cash dividends			(7,383)			(7,383)
Balance at Dec. 31, 2021	$ 4,389	78,395	146,010	(155)	(16,147)	212,492
Balance (in shares) at Dec. 31, 2021	4,388,901
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			29,060			29,060
Net other comprehensive income (loss)				(32,986)		(32,986)
Stock dividend	$ 39	2,521				0
Stock dividend			(2,560)
Stock dividend (in shares)	38,786
Purchase of treasury stock					(1,279)	(1,279)
Restricted stock, executive and Board of Director awards		(226)			370	144
Restricted stock vesting		192				192
Sale of treasury stock		6			106	112
Forfeited restricted stock		23			(23)	0
Cash dividends			(7,588)			(7,588)
Balance at Dec. 31, 2022	$ 4,428	80,911	164,922	(33,141)	(16,973)	200,147
Balance (in shares) at Dec. 31, 2022	4,427,687
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			17,811			17,811
Net other comprehensive income (loss)				8,230		8,230
Stock dividend	$ 39	2,982				0
Stock dividend			(3,021)
Stock dividend (in shares)	39,209
Issuance of Common stock	$ 694	59,443				60,137
Issuance of Common stock (in shares)	693,858
Purchase of treasury stock					(265)	(265)
Restricted stock, executive and Board of Director awards		(319)			431	112
Restricted stock vesting		197				197
Sale of treasury stock		6			28	34
Forfeited restricted stock		13			(13)	0
Change in Accounting policy for allowance for credit losses			1,766			1,766
Cash dividends			(8,503)			(8,503)
Balance at Dec. 31, 2023	$ 5,161	$ 143,233	$ 172,975	$ (24,911)	$ (16,792)	$ 279,666
Balance (in shares) at Dec. 31, 2023	5,160,754

Consolidated Statement of Cha_3

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statement of Changes in Stockholders' Equity [Abstract]
Percentage of stock dividend	1%	1%	1%
Purchase of treasury stock (in shares)	2,775	18,700	23,390
Sale of treasury stock (in shares)	410
Cash dividends (in dollars per share)	$ 1.94	$ 1.88	$ 1.83

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Apr. 17, 2020
Cash Flows from Operating Activities:
Net income	$ 17,811	$ 29,060	$ 29,118
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	5,528	1,683	1,550
Depreciation and amortization	1,520	1,033	1,113
Amortization and accretion of loans and other assets	(3,119)	(1,950)	(4,535)
Amortization and accretion of investment securities	1,581	1,889	2,215
Deferred income taxes	595	(36)	689
Equity security losses (gains), net	144	247	(339)
Available for sale security losses (gains), net	51	14	(212)
Earnings on bank owned life insurance	(1,254)	(852)	(1,828)
Stock awards	309	336	614
Originations of loans held for sale	(87,323)	(10,024)	(44,668)
Proceeds from sales of loans held for sale	90,782	14,004	55,621
Realized gains on loans sold	(1,452)	(258)	(1,283)
(Increase) decrease in accrued interest receivable	(1,485)	(2,097)	764
Increase (decrease) in accrued interest payable	2,181	521	(306)
Other, net	668	(330)	180
Net cash provided by operating activities	26,537	33,240	38,693
Available-for-sale securities:
Proceeds from sales of available-for-sale securities	86,504	7,480	29,198
Proceeds from maturity and principal repayments of securities	27,007	33,554	55,520
Purchase of securities	(10,246)	(117,913)	(211,218)
Purchase of equity securities	0	(218)	0
Proceeds from sale of equity securities	127	33	0
Proceeds from redemption of Regulatory Stock	24,915	7,770	4,989
Purchase of Regulatory Stock	(29,127)	(15,105)	(3,688)
Net increase in loans	(43,951)	(281,389)	(32,111)
Purchase of interest-bearing time deposits	(100)	(3,720)	0
Proceeds from matured interest-bearing time deposits with other banks	2,085	5,954	2,732
Proceeds from sale of interest-bearing time deposits with other banks	0	2,733	0
Purchase of bank owned life insurance	0	0	(7,800)
Purchase of premises, equipment and software	(2,617)	(1,634)	(1,105)
Proceeds from life insurance	1,098	0	3,714
Investments in low income housing partnerships	(1,470)	(1,123)
Proceeds from sale of foreclosed assets held for sale	335	1,126	1,537
Acquisition, net of cash paid	4,905	0	0
Net cash provided by (used in) investing activities	59,465	(362,452)	(158,232)
Cash Flows from Financing Activities:
Net (decrease) increase in deposits	(56,092)	8,057	247,293
Proceeds from long-term borrowings	40,000	0	9,869
Repayments of long-term borrowings	0	(4,725)	(26,800)
Net increase (decrease) in short-term borrowed funds	(34,569)	188,013	2,060
Purchase of treasury stock	(265)	(1,279)	(1,374)
Sale of treasury stock	34	112	0
Dividends paid	(8,503)	(7,588)	(7,383)
Net cash provided by (used in) financing activities	(59,395)	182,590	223,665
Net increase (decrease) in cash and cash equivalents	26,607	(146,622)	104,126
Cash and Cash Equivalents at Beginning of Year	26,211	172,833	68,707
Cash and Cash Equivalents at End of Year	52,818	26,211	172,833
Supplemental Disclosures of Cash Flow Information:
Interest paid	44,677	10,703	7,411
Income taxes paid	5,100	6,600	5,500
Non-cash activities:
Stock dividend	3,021	2,560	2,352
Real estate acquired in settlement of loans	147	61	906
Investments matured and not settled included in other assets	8,000	0	0
Investments in low income housing included in other assets and liabilities	6,530	0	0
Right of use asset and liability	28	2,403	1,636
CECL adjustment	3,300	0	$ 0
Non-cash assets acquired
Goodwill	85,758	31,376
HV Bancorp, Inc. [Member]
Non-cash assets acquired
Available-for-sale securities	79,248	0		$ 0
Loans held for sale	10,750	0		0
Loans	475,338	0		0
Premises and equipment	2,310	0		0
Accrued interest receivable	2,226	0		0
Bank owned life insurance	10,387	0		0
Intangibles	2,972	0		0
Deferred tax asset	7,706	0		0
Other assets	18,213	0		0
Goodwill	54,382	0		0
Total non-cash assets acquired	663,532	0		0
Liabilities assumed
Noninterest-bearing deposits	197,549	0		0
Interest-bearing deposits	335,815	0		0
Accrued interest payable	885	0		0
Borrowed funds	58,647	0		0
Other liabilities	11,988	0		0
Total liabilities assumed	604,884	0		0
Net non-cash assets acquired	58,648	0		0
Cash and cash equivalents acquired	$ 18,017	$ 0		$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Business and Organization Citizens Financial Services, Inc. (individually and collectively, the “Company”) is headquartered in Mansfield, Pennsylvania, and provides a full range of banking and related services through its wholly owned subsidiary, CZFS Acquisition Company, LLC (CZFS), and its wholly owned subsidiary, First Citizens Community Bank (the “Bank”), and its wholly owned subsidiaries, First Citizens Insurance Agency, Inc. (“First Citizens Insurance”) and 1st Realty of PA, LLC (“Realty”). CZFS was formed in March 2020 as part of the merger with Midcoast Community Bancorp. Inc. (“MidCoast”). Realty was formed in March of 2019 to manage and sell properties acquired by the Bank in the settlement of a bankruptcy filing with a commercial customer. On December 11, 2015, the Company completed its acquisition of The First National Bank of Fredericksburg (FNB). On December 8, 2017, the Bank completed its acquisition of the S&T Bank branch in State College (State College). On April 17, 2020, the Company completed its acquisition of MidCoast. On June 16, 2023, the Company completed the HVBC acquisition. In December 2023, the Bank opened a full-service branch in Williamsport, Pennsylvania. As of December 31, 2023, the Bank operates thirty-nine full-service banking branches in Potter, Tioga, Bradford, Clinton, Lebanon, Lancaster, Berks, Schuylkill, Centre, Chester, Bucks, Montgomery and Philadelphia counties, Pennsylvania, Allegany County, New York, the cities of Wilmington and Dover, Delaware, Burlington County, New Jersey, a limited branch office in Union county, Pennsylvania and four mortgage centers in Bucks, Montgomery and Philadelphia counties, Pennsylvania. The Bank also provides trust services, including the administration of trusts and estates, retirement plans, and other employee benefit plans, along with a brokerage division that provides a comprehensive menu of investment services. The Bank serves individual and corporate customers and is subject to competition from other financial institutions and intermediaries with respect to these services. The Company and Bank are supervised by the Board of Governors of the Federal Reserve System, while the Bank is subject to additional regulation and supervision by the Pennsylvania Department of Banking. A summary of significant accounting and reporting policies applied in the presentation of the accompanying financial statements follows: Basis of Presentation The financial statements are consolidated to include the accounts of the Company, and its subsidiary CZFS, and its st Use of Estimates In preparing the financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses for the period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change relate to determination of the allowance for credit losses, goodwill, derivatives, pension Operating Segments An operating segment is defined as a component of an enterprise that engages in business activities that generates revenue and incurs expense, and the operating results of which are reviewed by the chief operating decision maker in the determination of resource allocation and performance. While the Company’s chief decision makers monitor the revenue streams of the various Company’s products, services and regions, operations are managed and financial performance is evaluated on a Company-wide basis. Consistent with our internal reporting, the Company’s business activities are reported as one segment, which is community banking. Cash and Cash Equivalents Cash equivalents include cash on hand, deposits in banks and interest-earning deposits. Interest-earning deposits with original maturities of 90 days or less are considered cash equivalents. Interest bearing time deposits with other banks are not included with cash and cash equivalents as the original maturities were greater than 90 days. Investment Securities Investment securities at the time of purchase are classified as one of the three following types: Held-to-Maturity Securities Trading Securities Available-for-Sale Securities This category included debt securities not classified as held-to-maturity or trading securities that will be held for indefinite periods of time. These securities may be sold in response to changes in market interest or prepayment rates, needs for liquidity and changes in the availability of and yield of alternative investments. Such securities are reported at fair value, with unrealized holding gains and losses excluded from earnings and reported as a separate component of stockholders’ equity, net of the estimated income tax effect The amortized cost of investment in debt securities is adjusted for amortization of premiums and accretion of discounts, computed by a method that results in a level yield. Gains and losses on the sale of investment securities are computed on the basis of specific identification of the adjusted cost of each security. The fair value of investments, except certain state and municipal securities, is based on bid prices published in financial newspapers or bid quotations received from securities dealers. The fair value of certain state and municipal securities is not readily available through market sources other than dealer quotations, so fair value is based on quoted market prices of similar instruments, adjusted for differences between the quoted instruments and the instruments being valued. Allowance for Credit Losses (Debt Securities Available-for Sale) For available-for-sale debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For debt securities available-for-sale that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the allowance when management confirms that an available-for-sale security is uncollectable or when either of the criteria regarding intent or requirement to sell is met. As of December 31, 2023, the Company determined that the unrealized loss positions in available-for-sale debt securities were not the result of credit losses, and therefore, an allowance for credit losses was not recorded. See Note 5, “Investment Securities,” and Note 21, “Fair Value of Financial Instruments,” for more information about available-for-sale debt securities. Accrued interest receivable on available-for-sale debt securities totaled $2,202,000 at December 31, 2023 and is included within accrued interest receivable on the consolidated balance sheet. This amount is excluded from the estimate of expected credit losses. Available-for-sale debt securities are typically classified as nonaccrual when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about the further collectability of principal or interest. When available-for-sale debt securities are placed on nonaccrual status, unpaid interest credited to income is reversed. Equity Securities This category includes common stocks of public companies. Such securities are reported at fair value with unrealized holding gains and losses included in earnings Restricted Stock Loans Held for Sale Certain newly originated fixed-rate residential mortgage loans are classified as held for sale, because it is management’s intent to sell these residential mortgage loans. The residential mortgage loans held for sale are carried at the lower of aggregate cost or fair value. Loans Interest on all loans is recognized on the accrual basis based upon the principal amount outstanding. The accrual of interest income on loans is discontinued when, in the opinion of management, doubt exists as to the ability to collect such interest. Payments received on non-accrual loans are applied to the outstanding principal balance or recorded as interest income, depending upon our assessment of our ultimate ability to collect principal and interest. Loans are returned to the accrual status when factors indicating doubtful collectability cease to exist. The Company recognizes nonrefundable loan origination fees, SBA fees and certain direct loan origination costs over the life of the related loan as an adjustment of loan yield using the interest method. Purchased Credit Deteriorated (“PCD”) Loans The Company has purchased loans, some of which have experienced more than insignificant credit deterioration since origination. PCD loans are recorded at the amount paid. An allowance for credit losses is determined using the same methodology as other loans held for investment. The initial allowance for credit losses determined on a collective basis is allocated to individual loans. The sum of the loan’s purchase price and allowance for credit losses becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a noncredit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the allowance for credit losses are recorded through provision expense. Allowance for Credit Losses - Loans The allowance for credit losses on loans represents management’s estimate of expected credit losses over the estimated life of our existing portfolio of loans. The allowance for credit losses is a valuation account that is deducted from the loan’s amortized cost basis to present the net amount expected to be collected on the loans. The expense for credit loss recorded through earnings is the amount necessary to maintain the allowance for credit losses on loans at the amount of expected credit losses inherent within the loan portfolio. Loans are recorded as charge-offs against the allowance when management confirms a loan balance is uncollectable. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. Management estimates the allowance balance using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts, and other significant qualitative and quantitative factors. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, changes in environmental conditions, delinquency level, segment growth rates and changes in duration within new markets, or other relevant factors. For further information on the allowance for credit losses on loans, see Note 6, “Loans,” for additional detail. The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist. The Company has segregated its portfolio segments based on federal call report codes which classify loans based on the primary collateral supporting the loan. The following are the Company’s segmented portfolios: Residential Real Estate: The Bank originates residential mortgage and home equity loans primarily in its various market areas in Pennsylvania, New York and Delaware. These loans are secured by first and junior liens on a primary residence or investment property. The primary risk characteristics associated with residential loans typically involve major changes to the borrower, including unemployment or other loss of income; unexpected significant expenses, such as major medical expenses, catastrophic events, divorce or death. Residential loans that have adjustable rates could expose the borrower to higher payments in a rising interest rate environment. Real estate values could decrease and cause the value of the underlying property to fall below the loan amount, creating additional potential loss exposure for the Bank. Commercial Real Estate: The Bank originates mortgage loans to operating companies primarily in its various market areas in Pennsylvania, New York and Delaware. The property maybe owner-occupied or non-owner-occupied real estate properties and include retail buildings/shopping centers, hotels, office/medical buildings and industrial/warehouse space. Owner-occupied loans are typically repaid first by the cash flows generated by the borrower’s business operations. The primary risk characteristics are specific to the underlying business and its ability to generate sustainable profitability and positive cash flow. Factors that may influence a borrower’s ability to repay their loan include demand for the business’ products or services, the quality and depth of management, the degree of competition, regulatory changes, and general economic conditions. Increases in vacancy rates, interest rates or other changes in general economic conditions can have an impact on the borrower and its ability to repay the loan. Commercial real estate loans are generally considered to have a higher degree of credit risk as they may be dependent on the ongoing success and operating viability of a fewer number of tenants who are occupying the property and who may have a greater degree of exposure to economic conditions. Agricultural Real Estate: The Bank originates loans secured by farmland and improvements thereon, secured by mortgages primarily in its various market areas in Pennsylvania, New York and Delaware. Farmland includes all land known to be used or usable for agricultural purposes, such as crop and livestock production. Farmland also includes grazing or pasture land, whether tillable or not and whether wooded or not. The primary risk characteristics are specific to the uncertainty on production, market, financial, environmental and human resources. Construction: The Bank originates construction loans to finance land development preparatory to erecting new structures or the on-site construction of residential, industrial, commercial, or multi-family buildings, primarily in its various market areas in Pennsylvania, New York and Delaware. Construction loans include not only construction of new structures, but also additions or alterations to existing structures and the demolition of existing structures to make way for new structures. Construction loans are generally secured by real estate. The primary risk characteristics are specific to the uncertainty on whether the construction will be completed according to the specifications and schedules. Factors that may influence the completion of construction may be customer specific, such as the quality and depth of property management, or related to changes in general economic conditions. Consumer: The Bank originates loans to individuals for household, family, and other personal expenditures, which may include automobile loans and loans for college. Consumer loans generally have higher interest rates and shorter terms than residential loans but tend to have higher credit risk due to the type of collateral securing the loan or in some cases the absence of collateral. The primary risk characteristics associated with other consumer loans typically involve major changes to the borrower, including unemployment or other loss of income, unexpected significant expenses, such as for major medical expenses, catastrophic events, divorce or death. Other Commercial Loans: The Bank originates lines of credit and term loans to operating companies for business purposes. The loans are generally secured by business assets such as accounts receivable, inventory, business vehicles and equipment as well as other assets of the business, or guarantors. Other commercial loans are typically repaid first by the cash flows generated by the borrower’s business operations. The primary risk characteristics are specific to the underlying business and its ability to generate sustainable profitability and positive cash flow. Factors that may influence a borrower’s ability to repay their loan include demand for the business’ products or services, the quality and depth of management, the degree of competition, regulatory changes, and general economic conditions. The ability of the Bank to foreclose and realize sufficient value from business assets securing these loans is often uncertain. To mitigate the risk characteristics of commercial and industrial loans, commercial real estate may be included as a secondary source of collateral. The Bank will often require more frequent reporting requirements from the borrower in order to better monitor its business performance. Other Agricultural Loans: The Bank originates loans secured or unsecured to farm owners and operators (including tenants) or to nonfarmers for the purpose of financing agricultural production, including the growing and storing of crops, the marketing or carrying of agricultural products by the growers thereof, and the breeding, raising, fattening, or marketing of livestock, and for purchases of farm machinery, equipment, and implements. The primary risk characteristics are specific to the uncertainty on production, market, financial, environmental and human resources. State and Political Subdivision Loans: The Bank originates various types of loans made directly to municipalities. These loans are repaid through general cash flows or through specific revenue streams, such as water and sewer fees. The primary risk characteristics associated with municipal loans are the municipality’s ability to manage cash flow, balance the fiscal budget, fixed asset and infrastructure requirements. Additional risks include changes in demographics, as well as social and political conditions. Methods utilized by management to estimate expected credit losses include a discounted cash flow (“DCF”) model that discounts instrument-level contractual cash flows, adjusted for prepayments and curtailments, incorporating loss expectations. Management estimates the allowance for credit losses on loans using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. After the end of the reasonable and supportable forecast period, the loss rates revert to the mean loss rate over a period of eight quarters. Historical credit loss experience, including examination of loss experience at representative peer institutions when the Company’s loss history does not result in estimations that are meaningful to users of the Company’s Consolidated Financial Statements, provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, changes in environmental conditions, delinquency level, segment growth rates and changes in duration within new markets, or other relevant factors. The DCF model uses inputs of current and forecasted macroeconomic indicators to predict future loss rates. The current macroeconomic indicators utilized by the Company are federal unemployment rates, national gross domestic production and national housing price index. In building the CECL methodology utilized in the DCF model, a correlation between this indicator and historic loss levels was developed, enabling a prediction of future loss rates related to future Federal unemployment rates and national gross domestic production and national housing price index. Loans that do not share risk characteristics are evaluated on an individual basis. Loans evaluated individually are not also included in the collective evaluation and typically represent collateral dependent loans but may also include other nonperforming loans. The Company uses the practical expedient to measure individually evaluated loans as collateral dependent and/or when repayment is expected to be provided substantially through the operation or sale of the collateral. Expected credit losses are based on the fair value at the reporting date, adjusted for selling costs as appropriate. For collateral dependent loans, credit loss is measured as the difference between the amortized cost basis in the loan and the fair value of the underlying collateral. The fair value of the collateral is adjusted for the estimated cost to sell if repayment or satisfaction of a loan is dependent on the sale (rather than only on the operation) of the collateral. Accrued interest receivable on loans held for investment totaled $8,512,000 at December 31, 2023 and is included within Accrued interest receivable Allowance for Credit Losses on Off-Balance Sheet Credit Exposures Management estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Management estimates the amount of expected losses by calculating a commitment usage factor over the contractual period for exposures that are not unconditionally cancellable by the Bank and applying the loss factors used in the allowance for credit losses on loans methodology to the results of the usage calculation to estimate the liability for credit losses related to unfunded commitments for each loan segment. The estimate of credit losses on OBS credit exposures is $1,265,000 and $165,000 at December 31, 2023 and 2022, respectively, and was reported in accrued interest payable and other liabilities on the consolidated balance sheets. Loan Charge-off Policies Consumer loans are generally fully or partially charged down to the fair value of collateral securing the asset when the loan is 180 days past due for open-end loans or 120 days past due for closed-end loans unless the loan is well secured and in the process of collection. All other loans are generally charged down to the net realizable value when the loan is 90 days past due. Collateral-Dependent Loans A financial asset is considered collateral-dependent when the debtor is experiencing financial difficulty and repayment is expected to be provided substantially through the sale or operation of the collateral. For all classes of loans and leases deemed collateral-dependent, the Company elected the practical expedient to estimate expected credit losses based on the collateral’s fair value less cost to sell. In most cases, the Company records a partial charge-off to reduce the loan’s carrying value to the collateral’s fair value less cost to sell. Substantially all of the collateral consists of various types of real estate including residential properties; commercial properties such as retail centers, office buildings, and lodging; agriculture land; and vacant land. Loans to Borrowers Experiencing Financial Difficulty A loan is classified as a modified loan to a borrower experiencing financial difficulty when a contractual loan modification in the form of principal forgiveness, an interest rate reduction, an other-than-significant payment delay or a term extension (or a combination thereof) has been granted to an existing borrower experiencing financial difficulties. The goal when modifying a credit is to establish a reasonable period of time to provide cash flow relief to customers experiencing cash flow difficulties. Accruing modified loans to borrowers experiencing financial difficulty are primarily comprised of loans on which interest is being accrued under the modified terms, and the loans are current or less than 90 days past due. Foreclosed Assets Held For Sale Foreclosed assets acquired in settlement of loans are carried at fair value, less estimated costs to sell. Prior to foreclosure, as the value of the underlying loan is written down to fair market value of the real estate or other assets to be acquired by a charge to the allowance for credit losses, if necessary. Any subsequent write-downs are charged against operating expenses. Operating expenses of such properties, net of related income and losses on disposition, are included in other expenses and gains and losses are included in other non-interest income or other non-interest expense. Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost, less accumulated depreciation. Depreciation expense is computed on straight line and accelerated methods over the estimated useful lives of the assets, which range from 3 to 15 years for furniture, fixtures and equipment and 5 to 40 years for building premises. Repair and maintenance expenditures which extend the useful life of an asset are capitalized and other repair expenditures are expensed as incurred. When premises or equipment are retired or sold, the remaining cost and accumulated depreciation are removed from the accounts and any gain or loss is credited to income or charged to expense, respectively. The Company has operating leases for several branch locations. Generally, the underlying lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company may also lease certain office equipment under operating leases. Many of our leases include both lease (e.g., minimum rent payments) and non-lease components (e.g., common-area or other maintenance costs). The Company accounts for each component separately based on the standalone price of each component. In addition, there are several operating leases with lease terms of less than one year and therefore, we have elected the practical expedient to exclude these short-term leases from our right of use (ROU) assets and lease liabilities. Most leases include one or more options to renew. The exercise of lease renewal options is typically at the sole discretion of management and is based on whether the extension options are reasonably certain to be exercised after considering all facts and circumstances of the lease. If management determines that the Company is reasonably certain to exercise the extension option(s), the additional term is included in the calculation of the lease liability. As most of our leases do not provide an implicit rate, we use the fully collateralized FHLB borrowing rate, commensurate with the lease terms based on the information available at the lease commencement date in determining the present value of the lease payments. Intangible Assets Intangible assets, other than goodwill, include core deposit intangibles and mortgage servicing rights (MSRs). Core deposit intangibles are a measure of the value of consumer demand and savings deposits acquired in business combinations accounted for as purchases The Company recognizes mortgage servicing rights as assets when mortgage loans are sold and the rights to service those loans are retained. Mortgage servicing rights are initially recorded at fair value by using discounted cash flows to calculate the present value of estimated future net servicing income. The Company accounts for the mortgage servicing rights under the amortization method. The mortgage servicing rights are initially recorded at fair value and amortized in proportion to the estimated expected future net servicing income generated from servicing the loan. The mortgage servicing rights are evaluated for impairment by estimating the fair value of the mortgage servicing rights and comparing that value to the carrying amount. The Company obtains a third-party valuation to assist with estimating of the fair value of the mortgage servicing rights. A valuation allowance would be established if the carrying amount of these mortgage servicing rights exceeds fair value. Goodwill The Company utilizes a two-step process for testing the impairment of goodwill on at least an annual basis. This approach could cause more volatility in the Company’s reported net income because impairment losses, if any, could occur irregularly and in varying amounts. The Company may also perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying value. Based on the fair value of the reporting unit, no impairment of goodwill was recognized in 2023, 2022 and 2021. Bank Owned Life Insurance The Company has purchased life insurance policies on certain employees. Any death benefits received from a policy while the insured person is an active employee of the Bank will be split with the beneficiary of the policy. Under these agreements, the Bank receives the cash surrender value of the policy the benefit in excess of the cash surrender value and the remaining amount of the payout will be given to the beneficiary named by the insured person in the policy. The Company is the sole beneficiary of any death benefits received from non-active insured persons. Additionally, as a result of the MidCoast acquisition, the Company acquired life insurance policies on former MidCoast employees. The Company is owner and sole beneficiary of these policies. Additionally, as part of the HVBC acquisition, the Company acquired life insurance policies on former HVBC employees. Under these agreements, the Bank receives the cash surrender value of the policy plus the benefit in excess of the cash surrender value less $50,000 to $100,000 that be given to the beneficiary named by the insured person in the policy if the insured person passes while employed by the Company. The Company is the sole beneficiary of any death benefits received from non-active insured persons. The Company acquired life insurance policies on former FNB employees and directors, as part of the acquisition of FNB. The policies obtained as part of the acquisition provide a fixed dollar benefit to the former employee or director beneficiaries, whether or not the insured person is affiliated with the Company at the time of his or her death. Bank owned life insurance is recorded at its cash surrender value, or the amount that can be realized. Increases in the cash surrender value are recognized as other non-interest income Income Taxes The Company and the Bank file a consolidated federal income tax return. Deferred tax assets and liabilities are computed based on the difference between the financial statement basis and income tax basis of assets and liabilities using the enacted marginal tax rates. Deferred income tax expenses or benefits are based on the changes in the net deferred tax asset or liability from period to period. Derivatives Derivative financial instruments are recognized as assets or liabilities at fair value. The Company has interest rate swap agreements which are used as part of its asset liability management to help manage interest rate risk. The Company also has derivatives as a result of its residential lending platform. The Company does not use derivatives for trading purposes. At the inception of a derivative contract, the Company designates the derivative as one of types based on the purpose of the contract and belief as to its effectiveness as a hedge. These three types are (1) a hedge of the fair value of a recognized asset or liability or of an unrecognized firm commitment (“fair value hedge”), (2) a hedge of a forec

ACQUISITION OF HV BANCORP, INC

ACQUISITION OF HV BANCORP, INC	12 Months Ended
	Dec. 31, 2023
ACQUISITION OF HV BANCORP, INC [Abstract]
ACQUISITION OF HV BANCORP, INC	2. ACQUISITION OF HV BANCORP, INC In the fourth quarter of 2022, the Company announced the signing of a definitive merger agreement to acquire 100% of the outstanding equity interest of HV Bancorp, Inc. (“HVBC”) for $30.50 per share in cash and stock. HVBC was a Pennsylvania corporation that conducted its business primarily through its wholly owned subsidiary Huntingdon Valley Bank (“HVB”), which operated from a main office in Doylestown, Pennsylvania, and had five service branches, four mortgage production office and one business banking office. The transaction closed on June 16, 2023, with HVB having been merged into First Citizens Community Bank, with First Citizens Community Bank as the surviving entity. The acquisition established the Company’s presence in the Montgomery, Bucks and Philadelphia counties markets. Under the terms of the merger agreement, the Company acquired all of the outstanding shares of HVBC for a total purchase price of approximately $76,665,000. As a result of the acquisition, the Company issued 693,858 common shares and $16.5 million in cash to the former shareholders of HVBC. The shares were issued with a value of $86.67 per share, which was based on the closing price of the Company’s stock on June 16, 2023. The following table summarizes the purchase of HVBC as of June 16, 2023: (In Thousands, Except Per Share Data) Purchase Price Consideration in Common Stock Citizens Financial Services, Inc. shares issued 693,858 Value assigned to Citizens Financial Services, Inc. common share $ 86.67 Purchase price assigned to HVBC common shares exchanged for Citizens Financial Services, Inc. $ 60,137 Purchase Price Consideration - Cash for Common Stock Purchase price assigned to HVBC’s common shares exchanged for cash 13,112 Purchase Price Related to Cash Payout of Stock Options 3,416 Total Purchase Price 76,665 Net Assets Acquired: HV Bancorp, Inc shareholders’ equity $ 40,630 Adjustments to reflect assets acquired at fair value: Investments 31 Loans Interest rate (24,097 ) General credit (1,834 ) Specific credit - PCD accrual (277 ) Specific credit - PCD non-accrual (1,765 ) Core deposit intangible 2,770 Owned premises 67 Other assets (193 ) Deferred tax assets 3,051 Adjustments to reflect liabilities acquired at fair value: Time deposits 586 Borrowings 3,017 Other liabilities 297 22,283 Goodwill resulting from merger $ 54,382 The following condensed statement reflects the amounts recognized as of the acquisition date for each major class of asset acquired and liability assumed: (In Thousands) Total purchase price 76,665 Cash and due from banks 18,017 Investment securities 79,248 Loans held for sale 10,750 Loans 475,338 Premises and equipment 2,310 Intangible assets 2,972 Bank owned life insurance 10,387 Interest receivable 2,226 Deferred taxes 7,706 Other assets 18,213 Total assets acquired 627,167 Fair value of liabilities assumed Deposits 533,364 Borrowings 58,647 Accrued interest payable 885 Other liabilities 11,988 Total liabilities assumed 604,884 Total fair value of identifiable net assets 22,283 Goodwill resulting from merger 54,382 The Company determined that this acquisition constitutes a business combination and therefore was accounted for using the acquisition method of accounting. Accordingly, as of the date of the acquisition, the Company recorded the assets acquired, liabilities assumed and consideration paid at fair value. The $54.4 million excess of the consideration paid over the fair value of assets acquired was recorded as goodwill and is not amortizable or deductible for tax purposes. The amount of goodwill arising from the acquisition consists largely of the synergies and economies of scale expected from combining the operations of the Company with HVBC. The fair value of the 693,858 common shares issued was determined based on the $86.67 closing market price of the Company’s common shares on the acquisition date, June 16, 2023. While the valuation of the acquired assets and liabilities is substantially complete, fair value estimates are subject to adjustment during the provisional period, which may last up to twelve months subsequent to the acquisition date. During this period, the Company may obtain additional information to refine the valuations and adjust the recorded fair value, although such adjustments are not expected to be significant. Valuations subject to adjustments include, but are not limited to, the fair value of acquired loans, deposits, land and building, core deposit intangible and other assets and liabilities. The following is a description of the valuation methodologies used to estimate the fair values of major categories of assets acquired and liabilities assumed. The Company used an independent valuation specialist to assist with the determination of fair values for certain acquired assets and assumed liabilities. • Cash and due from banks - The estimated fair value was determined to approximate the carrying amount of these assets. • Investment securities - The estimated fair value of the investment portfolio was based on quoted market prices, dealer quotes, and pricing obtained from independent pricing services. • Loans - The estimated fair value of loans were based on a discounted cash flow methodology applied on a pooled basis for nonpurchased credit-deteriorated (“non-PCD”) loans, accruing purchased credit-deteriorated loans and on an individual basis for nonaccruing purchased credit-deteriorated (“PCD”) loans. The valuation considered underlying characteristics including loan type, term, rate, payment schedule and credit rating. The discounted cash flow methodology involved assumptions and judgements as to credit risk, expected lifetime losses, environmental factors, collateral values, discount rates, expected payments and expected prepayments. • Premises and equipment - The estimated fair value of land and buildings were determined by independent market-based appraisals. • Core deposit intangible - The core deposit intangible was valued utilizing a discounting cash flow method approach, which recognizes the cost savings represented by the expense of maintaining the core deposit base (net of deposit fee income) versus the cost of an alternative funding source. The valuation incorporates assumptions related to account retention, discount rates, deposit interest rates, deposit maintenance costs and alternative funding rates. • Time deposits - The estimated fair value of time deposits was determined using a discounted cash flow approach incorporating a discount rate equal to current market interest rates offered on time deposits with similar terms and maturities. • Borrowings - The estimated fair value of short-term borrowings was determined to approximate stated value. The estimated fair value of long-term borrowings from the FHLB were determined using a discounted cash flow approach incorporating a discount rate equal to current market interest rates offered on borrowings with similar terms and maturities. Subordinated debentures were valued using a discounted cash flow approach incorporating a discount rate that incorporated similar terms, maturity and credit rating. Accounting for Acquired Loans Acquired loans are classified into two categories: PCD loans and non-PCD loans. PCD loans are defined as a loan or group of loans that have experienced more than insignificant credit deterioration since origination. Non-PCD loans will have an allowance established on acquisition date, which is recognized as an expense through provision for credit losses. For PCD loans, an allowance is recognized on day 1 by adding it to the fair value of the loan, which is the “Day 1 amortized cost”. There is no provision for credit loss expense recognized on PCD loans because the initial allowance is established by grossing-up the amortized cost of the PCD loan. A Day 1 allowance for credit losses on non-PCD loans of $4.6 million was recorded through the provision for credit losses within the Consolidated Statements of Income. At the date of acquisition, of the $506.9 million of loans acquired from HVB, $18.0 million, or 3.6%, of HVB’s loan portfolio, was accounted for as PCD loans. The following table provides details related to the fair value of acquired PCD loans (in thousands): Unpaid principal balance PCD Allowance for Credit Loss at Acquisition (Discount) Premium on Acquired Loans Fair Value of PCD Loans at Acquisition Real estate loans: Mortgages $ 2,398 $ (108 ) $ - $ 2,290 Home Equity 34 - (4 ) 30 Commercial 4,774 (39 ) (507 ) 4,228 Construction 4,278 (37 ) (293 ) 3,948 Consumer 1,343 (677 ) (271 ) 395 Other commercial loans 5,214 (828 ) (48 ) 4,338 $ 18,041 $ (1,689 ) $ (1,123 ) $ 15,229 The following table provides details related to the fair value and Day 1 provision related to the acquired non-PCD loans (in thousands): Unpaid principal balance (Discount)Premium on Acquired Loans Fair Value of Non-PCD Loans at Acquisition Day 1 Provision for Credit Losses- Non-PCD Loans Real estate loans: Mortgages $ 155,799 $ (17,506 ) $ 138,293 $ 1,015 Home Equity 2,165 (55 ) 2,110 15 Commercial 203,638 (9,226 ) 194,412 1,968 Construction 76,703 (1,420 ) 75,283 747 Consumer 2,794 (222 ) 2,572 159 Other commercial loans 47,753 (314 ) 47,439 687 $ 488,852 $ (28,743 ) $ 460,109 $ 4,591 The Company recorded goodwill and other intangibles associated with the HVBC acquisition totaling $57,354,000. Goodwill is not amortized, but is periodically evaluated for impairment. The Company did not recognize any impairment from June 16, 2023 to December 31, 2023. None of the goodwill acquired is expected to be deductible for tax purposes. Identifiable intangibles are amortized to their estimated residual values over the expected useful lives. Such lives are also periodically reassessed to determine if any amortization period adjustments are required. For the period from June 16, 2023 to December 31, 2023, no such adjustments were recorded. The identifiable intangible assets consist of core deposit intangibles and mortgage servicing rights (MSRs), which are being amortized on an accelerated basis over the useful life of such assets. The gross carrying amount of the core deposit intangible and MSRs acquired as part of the acquisition at December 31, 2023 was $2,770,000 and $202,000, respectively, with $252,000 and $33,000 accumulated amortization, respectively, as of that date. As of December 31, 2023, the current year and estimated future amortization expense for the core deposit intangibles and MSRs acquired as part of the acquisition was (in thousands): MSRs Core deposit intangibles Total Amortization for the period 6/16/23-12/31/23 $ 33 $ 252 $ 285 Estimate for year ended December 31, 2024 52 478 530 2025 51 428 479 2026 44 378 422 2027 21 327 348 2028 1 277 278 2029 and thereafter - 630 630 Total $ 169 $ 2,518 2,687 Amounts recognized separately from the acquisition include primarily legal fees, investment banking fees, system conversion costs, severance costs and contract termination costs. These costs were included in merger and acquisition expenses within non-interest expenses on the Consolidated Statement of Income and amounted to approximately $9,269,000 for 2023. Results of operations for HVBC prior to the acquisition date are not included in the Consolidated Statement of Income for 2023. The following table presents financial information regarding the former HVBC operations included in our Consolidated Statement of Income from the date of acquisition through December 31, 2023 under the column “Actual from Acquisition Date through December 31, 2023”. In addition, the following table presents unaudited pro forma information as if the acquisition of HVBC had occurred on January 1, 2022 under the “Pro Forma” columns. The table below has been prepared for comparative purposes only and is not necessarily indicative of the actual results that would have been attained had the acquisition occurred as of the beginning of the periods presented, nor is it indicative of future results. Furthermore, the unaudited proforma information does not reflect management’s estimate of any revenue-enhancing opportunities nor anticipated cost savings as a result of the integration and consolidation of the acquisition. Merger and acquisition integration costs and amortization of fair value adjustments are included in the numbers below. Actual from Acquisition Unaudited Pro Forma Date Through Twelve Months Ended December 31, (In Thousands, Except Per Share Data) December 31, 2023 2023 2022 Net interest income $ 14,697 $ 89,217 $ 96,185 Non-interest income 1,543 13,856 17,863 Net income 6,487 15,034 31,625 Pro forma earnings per share: Basic $ 3.03 $ 6.72 Diluted $ 3.03 $ 6.72

REVENUE RECOGNITION

REVENUE RECOGNITION	12 Months Ended
	Dec. 31, 2023
REVENUE RECOGNITION [Abstract]
REVENUE RECOGNITION	3. REVENUE RECOGNITION Under ASC Topic 606, management determined that the primary sources of revenue emanating from interest and dividend income on loans and investments along with noninterest revenue resulting from investment security gains, loan servicing, gains on loans sold and earnings on bank owned life insurances are not within the scope of this topic. The main types of noninterest income within the scope of the standard are as follows: • Service charges on deposit accounts – The Company has contracts with its deposit customers where fees are charged if certain parameters are not met. These agreements can be cancelled at any time by either the Company or the deposit customer. Revenue from these transactions is recognized on a monthly basis as the Company has an unconditional right to the fee consideration. The Company also has transaction fees related to specific transactions or activities resulting from a customer request or activity that include overdraft fees, online banking fees, interchange fees, ATM fees and other transaction fees. All of these fees are attributable to specific performance obligations of the Company where the revenue is recognized at a defined point in time upon the completion of the requested service/transaction. • Trust fees – Typical contracts for trust services are based on a fixed percentage of the assets earned ratably over a defined period and billed on a monthly basis. Fees charged to customers’ accounts are recognized as revenue over the period during which the Company fulfills its performance obligation under the contract (i.e., holding client asset in a managed fiduciary trust account). For these accounts, the performance obligation of the Company is typically satisfied by holding and managing the customer’s assets over time. Other fees related to specific customer requests are attributable to specific performance obligations of the Company where the revenue is recognized at a defined point in time, upon completion of the requested service/transaction. • Gains (losses) on sale of other real estate owned – Gains and losses are recognized at the completion of the property sale when the buyer obtains control of the real estate and all of the performance obligations of the Company have been satisfied. Evidence of the buyer obtaining control of the asset include transfer of the property title, physical possession of the asset, and the buyer obtaining control of the risks and rewards related to the asset. In situations where the Company agrees to provide financing to facilitate the sale, additional analysis is performed to ensure that the contract for sale identifies the buyer and seller, the asset to be transferred, payment terms, and that the contract has a true commercial substance and that collection of amounts due from the buyer are reasonable. In situations where financing terms are not reflective of current market terms, the transaction price is discounted impacting the gain/loss and the carrying value of the asset. • Brokerage and insurance – Fees include commissions from the sales of investments and insurance products recognized on a trade date basis as the performance obligation is satisfied at the point in time in which the trade is processed. Additional fees are based on a percentage of the market value of customer accounts and billed on a monthly or quarterly basis. The Company’s performance obligation under the contracts with certain customers is generally satisfied through the passage of time as the Company monitors and manages the assets in the customer’s portfolio and is not dependent on certain return or performance level of the customer’s portfolio. Fees for these services are billed monthly and are recorded as revenue at the end of the month for which the wealth management service has been performed. Other performance obligations (such as the delivery of account statements to customers) are generally considered immaterial to the overall transaction price. The following table depicts the disaggregation of revenue derived from contracts with customers to depict the nature, amount, timing, and uncertainty of revenue and cash flows for the years ended December 31, 2023, 2022 and 2021 (in thousands). All revenue in the table below relates to goods and services transferred at a point in time. Revenue stream Service charges on deposit accounts 2023 2022 2021 Overdraft fees $ 1,501 $ 1,374 $ 1,111 Statement fees 194 208 225 Interchange revenue 3,246 3,226 2,801 ATM income 138 229 388 Other service charges 560 309 230 Total Service Charges 5,639 5,346 4,755 Trust 764 803 865 Brokerage and insurance 1,924 1,895 1,625 Other 645 543 492 Total $ 8,972 $ 8,587 $ 7,737

RESTRICTIONS ON CASH AND DUE FR

RESTRICTIONS ON CASH AND DUE FROM BANKS	12 Months Ended
	Dec. 31, 2023
RESTRICTIONS ON CASH AND DUE FROM BANKS [Abstract]
RESTRICTIONS ON CASH AND DUE FROM BANKS	4. RESTRICTIONS ON CASH AND DUE FROM BANKS Effective March 26, 2020, the Federal Reserve reduced reserve requirements to zero for all depository institutions. There were no required federal reserves included in “Cash and due from banks” at December 31, 2023 or December 31, 2022. The required reserves are used to facilitate the implementation of monetary policy by the Federal Reserve System. The required reserves are computed by applying prescribed ratios to the classes of average deposit balances. These are held in the form of vault cash and a depository amount held with the Federal Reserve Bank. Federal law prohibits the Company from borrowing from the Bank unless the loans are secured by specific collateral. Non-retirement account deposits with one financial institution are insured up to $250,000. At times, the Company maintains cash and cash equivalents with other financial institutions in excess of the insured amount.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2023
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	5. INVESTMENT SECURITIES The amortized cost, gross unrealized gains and losses, and fair value of investment securities at December 31, 2023 and 2022 were as follows (in thousands): December 31, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance For Credit Losses Fair Value Available-for-sale securities: U.S. Agency securities $ 66,569 $ 1 $ (5,799 ) $ - $ 60,771 U.S. Treasuries 152,485 - (9,197 ) - 143,288 Obligations of state and political subdivisions 107,945 32 (6,190 ) - 101,787 Corporate obligations 13,394 245 (1,236 ) - 12,403 Mortgage-backed securities in government sponsored entities 112,950 7 (13,605 ) - 99,352 Total available-for-sale securities $ 453,343 $ 285 $ (36,027 ) $ - $ 417,601 December 31, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. Agency securities $ 78,556 $ - $ (7,879 ) $ 70,677 U.S. Treasuries 162,236 - (13,666 ) 148,570 Obligations of state and political subdivisions 120,562 35 (10,297 ) 110,300 Corporate obligations 10,335 - (952 ) 9,383 Mortgage-backed securities in government sponsored entities 115,304 15 (14,743 ) 100,576 Total available-for-sale securities $ 486,993 $ 50 $ (47,537 ) $ 439,506 The following table shows the Company’s gross unrealized losses and fair value for available for sale securities, aggregated by investment category and length of time, that the individual securities have been in a continuous unrealized loss position, at December 31, 2023 and 2022 (in thousands). As of December 31, 2023, the Company owned 323 securities each of whose fair value was less than its cost basis for a period twelve months or greater and five securities each of whose fair value was less than its cost basis for a period less than twelve months. Less than Twelve Months Twelve Months or Greater Total 2023 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. agency securities $ - $ - $ 58,753 $ (5,799 ) $ 58,753 $ (5,799 ) U.S. Treasuries - - 143,288 (9,197 ) 143,288 (9,197 ) Obligations of states and political subdivisions - - 93,535 (6,190 ) 93,535 (6,190 ) Corporate obligations 1,487 (265 ) 8,320 (971 ) 9,807 (1,236 ) Mortgage-backed securities in government sponsored entities 9,203 (31 ) 88,553 (13,574 ) 97,756 (13,605 ) Total securities $ 10,690 $ (296 ) $ 392,449 $ (35,731 ) $ 403,139 $ (36,027 ) 2022 U.S. agency securities $ 39,729 $ (1,892 ) $ 30,948 $ (5,987 ) $ 70,677 $ (7,879 ) U.S. Treasuries 32,673 (1,337 ) 115,897 (12,329 ) 148,570 (13,666 ) Obligations of states and political subdivisions 66,725 (4,887 ) 35,782 (5,410 ) 102,507 (10,297 ) Corporate obligations 2,165 (165 ) 6,218 (787 ) 8,383 (952 ) Mortgage-backed securities in government sponsored entities 40,270 (3,367 ) 57,319 (11,376 ) 97,589 (14,743 ) Total securities $ 181,562 $ (11,648 ) $ 246,164 $ (35,889 ) $ 427,726 $ (47,537 ) Allowance for Credit Losses – Available for Sale Securities The Company measures expected credit losses on available-for-sale debt securities when the Company does not intend to sell, or when it is not more likely than not that it will be required to sell, the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For available-for-sale debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, the Company considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this evaluation indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, equal to the amount that the fair value is less than the amortized cost basis. Economic forecast data is utilized to calculate the present value of expected cash flows. The Company obtains its forecast data through a subscription to a widely recognized and relied upon company who publishes various forecast scenarios. Management evaluates the various scenarios to determine a reasonable and supportable scenario, and utilizes a single scenario in the model. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. The allowance for credit losses on available-for-sale debt securities is included within Investment securities available-for-sale on the consolidated balance sheet. Changes in the allowance for credit losses are recorded within Provision for credit losses on the consolidated statement of income. Losses are charged against the allowance when the Company believes the collectability of an available-for-sale security is in jeopardy or when either of the criteria regarding intent or requirement to sell is met. As of December 31, 2023, no allowance for credit losses has been recognized on available for sale securities in an unrealized loss position as management does not believe any of the securities are impaired due to reasons of credit quality. This is based upon our analysis of the underlying risk characteristics, including credit ratings, and other qualitative factors related to our available for sale securities and in consideration of our historical credit loss experience and internal forecasts. The issuers of these securities continue to make timely principal and interest payments under the contractual terms of the securities. Furthermore, management does not have the intent to sell any of the securities classified as available for sale in the table above and believes that it is more likely than not that we will not have to sell any such securities before a recovery of cost. The unrealized losses are due to increases in market interest rates over the yields available at the time the underlying securities were purchased. The fair value is expected to recover as the securities approach their maturity date or repricing date or if market yields for such investments decline. Accrued interest receivable on available-for-sale debt securities totaled $2,202,000 at December 31, 2023 and is included within accrued interest receivable Proceeds from sales of securities available-for-sale during 2023, 2022 and 2021 were $86,504,000, $7,480,000 and $29,198,000, respectively. Sales for 2023 were primarily the result of selling investments obtained as part of the HVBC acquisition for no gain or loss on the day of acquisition. The gross losses realized during 2023 consisted of $89,000 from the sales of seven municipal securities. The gross gains realized during 2023 consisted of $38,000 from the sales of two municipal securities. The gross losses realized during 2022 consisted of $14,000 from the sales of three agency securities. The gross gains realized during 2021 consisted of $177,000 and $125,000 from the sales of six treasury securities and three agency securities, respectively. The gross losses realized during 2021 consisted of $90,000 from the sale of one agency security. Gross gains and gross losses were realized as follows on available for sale securities (in thousands): 2023 2022 2021 Gross gains $ 38 $ - $ 302 Gross losses (89 ) (14 ) (90 ) Net (losses) gains $ (51 ) $ (14 ) $ 212 The following table presents the net gains (losses) on the Company’s equity investments recognized in earnings during 2023, 2022 and 2021 and the portion of unrealized gains for the period that relates to equity investments held at December 31, 2023, 2022 and 2021 (in thousands): Equity Securities 2023 2022 2021 Net gains (losses) recognized in equity securities during the period $ (158 ) $ (251 ) $ 339 Less: Net gains realized on the sale of equity securities during the period 14 4 - Net unrealized gains (losses) $ (144 ) $ (247 ) $ 339 Investment securities with an approximate carrying value of $353,344,000 and $311,766,000 at December 31, 2023 and 2022, respectively, were pledged to secure public funds and certain other deposits as provided by law and certain borrowing arrangements of the Company. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. The amortized cost and fair value of debt securities at December 31, 2023, by contractual maturity are shown below (in thousands). Municipal securities that have been refunded and will therefore pay-off on the call date are reflected in the table below utilizing the call date as the date of repayment as payment is guaranteed on that date: Available-for-sale securities: Amortized Cost Fair Value Due in one year or less $ 46,581 $ 45,685 Due after one year through five years 158,502 147,810 Due after five years through ten years 95,534 86,919 Due after ten years 152,726 137,187 Total $ 453,343 $ 417,601 Credit Losses on Investment Securities – Prior to adopting ASU 2016-13 The Company adopted ASU No. 2016-13 effective January 1, 2023. Financial statement amounts related to Investment Securities Securities are evaluated on at least a quarterly basis, and more frequently when market conditions warrant such an evaluation, to determine whether a decline in their value is other than temporary. To determine whether a loss is other than temporary, management utilizes criteria such as the reasons underlying the decline, the magnitude and duration of the decline, and whether or not management intends to sell or expects that it is more likely than not that it will be required to sell the security prior to an anticipated recovery of the fair value. The term “other than temporary” is not intended to indicate that the decline is permanent but indicates that the prospects for a near-term recovery of value are not necessarily favorable or that there is a lack of evidence to support a realizable value equal to or greater than the carrying value of the investment. Declines in the fair value of securities below their cost that are deemed to be other than temporary are separated into (a) the amount of the total other-than-temporary impairment related to a decrease in cash flows expected to be collected from the debt security (the credit loss), and (b) the amount of the total other-than-temporary impairment related to all other factors. The amount of the total other-than-temporary impairment related to the credit loss is recognized in earnings. The amount of the total other-than-temporary impairment related to all other factors is recognized in other comprehensive (loss) income.

LOANS AND RELATED ALLOWANCE FOR

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES	12 Months Ended
	Dec. 31, 2023
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES [Abstract]
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES	6. LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES The Company grants commercial, industrial, agricultural, residential, and consumer loans primarily to customers throughout north central, central and south-central Pennsylvania, southern New York and Wilmington and Dover, Delaware. The recently completed HVBC acquisition has expanded our lending market further into southeast Pennsylvania, including Montgomery, Bucks and Philadelphia Counties as well as Burlington County, New Jersey. Although the Company had a diversified loan portfolio at December 31, 2023 and 2022, a substantial portion of its debtors’ ability to honor their contracts is dependent on the economic conditions within these regions. The following table summarizes the primary segments of the loan portfolio, as well as how those segments are analyzed within the allowance for credit losses as of December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Real estate loans: Residential $ 359,990 $ 210,213 Commercial 1,092,887 876,569 Agricultural 314,802 313,614 Construction 195,826 80,691 Consumer 61,316 86,650 Other commercial loans 136,168 63,222 Other agricultural loans 30,673 34,832 State and political subdivision loans 57,174 59,208 Total 2,248,836 1,724,999 Allowance for credit losses - loans 21,153 18,552 Net loans $ 2,227,683 $ 1,706,447 As of December 31, 2023, and 2022, net unamortized loan fees and costs of $ ,000 and $ ,000, respectively, were included in the carrying value of loans. Purchased loans acquired in connection with the FNB acquisition, the State College branch acquisition, the MidCoast acquisition and the HVBC were recorded at fair value on their acquisition date without a carryover of the related allowance for loan losses. Real estate loans serviced for Freddie Mac, Fannie Mae and the FHLB, which are not included in the Consolidated Balance Sheet, totaled $203,709,000 and $187,754,000 at December 31, 2023 and 2022, respectively. Loans sold to Freddie Mac and Fannie Mae were sold without recourse and total $193,548,000 and $177,575,000 at December 31, 2023 and 2022, respectively. Additionally, the Bank acquired a portfolio of loans sold to the FHLB during the acquisitions of FNB and HVBC, which were sold under the Mortgage Partnership Finance Program (“MPF”). The Bank was not an active participant in the MPF program in 2023 or 2022. The MPF portfolio balance was $10,161,000 and $10,179,000 at December 31, 2023 and 2022, respectively. The FHLB maintains a first-loss position for the MPF portfolio that totals $165,000. Should the FHLB exhaust its first-loss position, recourse to the Bank’s credit enhancement would be up to the next $229,000 of losses. The Bank did not experience any losses for the MPF portfolio during 2023, 2022 or 2021. The segments of the Bank’s loan portfolio are disaggregated into classes to a level that allows management to monitor risk and performance. Residential real estate mortgages consist of 15 to 30 year first mortgages on residential real estate, while residential real estate home equities are consumer purpose installment loans or lines of credit secured by a mortgage which is often a second lien on residential real estate with terms of 15 years or less. Commercial real estate are business purpose loans secured by a mortgage on commercial real estate. Agricultural real estate are loans secured by a mortgage on real estate used in agriculture production. Construction real estate are loans secured by residential or commercial real estate used during the construction phase of residential and commercial projects. Consumer loans are typically unsecured or primarily secured by collateral other than real estate and overdraft lines of credit connected with customer deposit accounts. Other commercial loans are loans for commercial purposes primarily secured by non-real estate collateral. Other agricultural loans are loans for agricultural purposes primarily secured by non-real estate collateral. State and political subdivisions are loans for state and local municipalities for capital and operating expenses or tax-free loans used to finance commercial development. Allowance for Credit Losses, in accordance with ASC 326 As discussed in Note 1 “Basis of Presentation”, the Company adopted CECL effective January 1, 2023. CECL requires estimated credit losses on loans to be determined based on an expected life of loan model, as compared to an incurred loss model (in effect for periods prior to 2023). Accordingly, allowance for credit loss disclosures subsequent to January 1, 2023 are not always comparable to prior dates. In addition, certain new disclosures required under CECL are not applicable to prior periods. As a result, the following tables present disclosures separately for each period, where appropriate. New disclosures required under CECL are only shown for the current period and are noted. See Note 1, “Basis of Presentation”, for a summary of the impact of adopting CECL on January 1, 2023. Under CECL, loans individually evaluated consist of collaterally dependent loans and recently modified loans that were experiencing financial difficulty at the time of the modification. Under the incurred loss model in effect prior to the adoption of CECL, loans evaluated individually for impairment were referred to as impaired loans. The allowance for credit losses related to loans consists of loans evaluated collectively and individually for expected credit losses. It represents an estimate of credit losses over the expected life of the loans as of the balance sheet date and is recorded as a reduction to net loans. The allowance for credit losses for off-balance sheet credit exposures includes estimated losses on unfunded loan commitments, letters of credit and other off-balance sheet credit exposures. The total allowance for credit losses is increased by charges to expense, through the provision for credit losses, and decreased by charge-offs, net of recoveries. The following table presents the components of the allowance for credit losses as of December 31, 2023 (in thousands): 2023 Allowance for Credit Losses - Loans $ 21,153 Allowance for Credit Losses - Off-Balance Sheet credit Exposure 1,265 Total allowance for credit losses $ 22,418 The following table presents the activity in the allowance for credit losses for 2023 (in thousands): Allowance for Credit Losses -Loans Allowance for Credit Losses - Off- Balance Sheet credit Exposure Total Balance at December 31, 2022 $ 18,552 $ 165 $ 18,717 Impact of adopting CECL (3,300 ) 1,064 (2,236 ) Allowance for credit loss on PCD acquired loans 1,689 - 1,689 Loans charge-off (1,329 ) - (1,329 ) Recoveries of loans previously charged-off 49 - 49 Net loans charged-off (1,280 ) - (1,280 ) Provision for credit losses - acquisition day 1 non-PCD 4,591 - 4,591 Provision for credit losses 901 36 937 Balance at December 31, 2023 $ 21,153 $ 1,265 $ 22,418 The following tables presents the activity in the allowance for credit losses – loans, by portfolio segment, for 2023 (in thousands). Balance at December 31, 2022 Impact of adopting CECL Allowance for credit loss on PCD acquired loans Charge- offs Recoveries Provision Balance at December 31, 2023 Real estate loans: Residential $ 1,056 $ 79 $ 108 $ (1 ) $ - $ 1,112 $ 2,354 Commercial 10,120 (3,070 ) 39 - - 2,089 9,178 Agricultural 4,589 (1,145 ) - - - (180 ) 3,264 Construction 801 (103 ) 37 - - 1,215 1,950 Consumer 135 1,040 677 (365 ) 40 (31 ) 1,496 Other commercial loans 1,040 (328 ) 828 (963 ) 9 1,643 2,229 Other agricultural loans 489 (219 ) - - - - 270 State and political subdivision loans 322 (280 ) - - - 3 45 Unallocated - 726 - - - (359 ) 367 Total $ 18,552 $ (3,300 ) $ 1,689 $ (1,329 ) $ 49 $ 5,492 $ 21,153 The following table presents loans and the allowance for credit losses by portfolio segment, under CECL methodology as of December 31, 2023 (in thousands): Allowance for Credit Losses - Loans Loans 2023 Collectively evaluated Individually evaluated Total Allowance for Credit Losses - Loans Collectively evaluated Individually evaluated Total Loans Real estate loans: Residential $ 2,285 $ 69 $ 2,354 $ 358,358 $ 1,632 $ 359,990 Commercial 9,033 145 9,178 1,090,217 2,670 1,092,887 Agricultural 3,247 17 3,264 311,500 3,302 314,802 Construction 1,664 286 1,950 193,469 2,357 195,826 Consumer 557 939 1,496 60,377 939 61,316 Other commercial loans 1,713 516 2,229 134,472 1,696 136,168 Other agricultural loans 270 - 270 30,388 285 30,673 State and political subdivision loans 45 - 45 57,174 - 57,174 Unallocated 367 - 367 - - - Total $ 19,181 $ 1,972 $ 21,153 $ 2,236,955 $ 12,881 $ 2,248,836 Allowance for Credit Losses, prior to January 1, 2023 The allowance for credit losses consists of the allowance for loan losses and the reserve for unfunded lending commitments. The allowance for loan losses represents management’s estimate of incurred losses in the loan portfolio as of the balance sheet date and is recorded as a reduction to net loans. The reserve for unfunded lending commitments represents management’s estimate of incurred losses in unfunded commitments and letters of credit, and is recorded in other liabilities on the consolidated balance sheet. The allowance for credit losses is increased by charges to expense, through the provision for credit losses and decreased by charge-offs, net of recoveries. The following table presents the components of the allowance for credit losses as of December 31, 2022 (in thousands): December 31, 2022 Allowance for loan Losses $ 18,552 Reserve for unfunded commitments 165 Total allowance for credit losses $ 18,717 The following table presents the activity in the allowance for credit losses for 2022 (in thousands): Allowance for Credit Losses - Loans Reserve for unfunded commitments Total Balance at December 31, 2021 $ 17,304 $ 165 $ 17,469 Loans charge-off (472 ) - (472 ) Recoveries of loans previously charged-off 37 - 37 Net loans charged-off (435 ) - (435 ) Provision for credit losses 1,683 - 1,683 Balance at December 31, 2022 $ 18,552 $ 165 $ 18,717 The following table presents the activity in the allowance for loan losses, by portfolio segment, for 2022 and 2021 (in thousands). Balance at December 31, 2021 Charge-offs Recoveries Provision Balance at December 31, 2022 Real estate loans: Residential $ 1,147 $ - $ - $ (91 ) $ 1,056 Commercial 8,099 - 3 2,018 10,120 Agricultural 4,729 - - (140 ) 4,589 Construction 434 - - 367 801 Consumer 262 (37 ) 21 (111 ) 135 Other commercial loans 1,023 (435 ) 13 439 1,040 Other agricultural loans 558 - - (69 ) 489 State and political subdivision loans 281 - - 41 322 Unallocated 771 - - (771 ) - Total $ 17,304 $ (472 ) $ 37 $ 1,683 $ 18,552 2022 Balance at December 31, 2020 Charge-offs Recoveries Provision Balance at December 31, 2021 Real estate loans: Residential $ 1,174 $ - $ - $ (27 ) $ 1,147 Commercial 6,216 (54 ) 89 1,848 8,099 Agricultural 4,953 - - (224 ) 4,729 Construction 122 - - 312 434 Consumer 321 (27 ) 21 (53 ) 262 Other commercial loans 1,226 (133 ) 43 (113 ) 1,023 Other agricultural loans 864 - - (306 ) 558 State and political subdivision loans 479 - - (198 ) 281 Unallocated 460 - - 311 771 Total $ 15,815 $ (214 ) $ 153 $ 1,550 $ 17,304 The following table presents loans and their related allowance for loan losses, by portfolio segment, as of December 31, 2022 (in thousands): Allowance for loan losses Loans 2022 Collectively evaluated for impairment Individually evaluated for impairment Total allowance for loan losses Collectively evaluated for impairment Individually evaluated for impairment Loans acquired with deteriorated credit quality Total Loans Real estate loans: Residential $ 1,052 $ 4 $ 1,056 $ 209,869 $ 335 $ 9 $ 210,213 Commercial 10,063 57 10,120 869,038 5,675 1,856 876,569 Agricultural 4,565 24 4,589 306,793 5,380 1,441 313,614 Construction 801 - 801 80,691 - - 80,691 Consumer 131 4 135 86,646 4 - 86,650 Other commercial loans 1,027 13 1,040 63,120 102 - 63,222 Other agricultural loans 489 - 489 34,359 473 - 34,832 State and political subdivision loans 322 - 322 59,208 - - 59,208 Total $ 18,450 $ 102 $ 18,552 $ 1,709,724 $ 11,969 $ 3,306 $ 1,724,999 Information presented in the following tables is not required for periods after the adoption of CECL. The following table includes the recorded investment and unpaid principal balances for impaired loans by class, with the associated allowance amount as of December 31, 2022, if applicable (in thousands): Recorded Recorded Unpaid Investment Investment Total Principal With No With Recorded Related 2022 Balance Allowance Allowance Investment Allowance Real estate loans: Mortgages $ 395 $ 242 $ 39 $ 281 $ 4 Home Equity 71 39 15 54 - Commercial 6,655 5,314 361 5,675 57 Agricultural 6,062 5,192 188 5,380 24 Consumer 4 - 4 4 4 Other commercial loans 797 32 70 102 13 Other agricultural loans 669 473 - 473 - Total $ 14,653 $ 11,292 $ 677 $ 11,969 $ 102 The following table includes the average investment in impaired loans and the income recognized on impaired loans for 2022 and 2021 (in thousands): Interest Average Interest Income Recorded Income Recognized 2022 Investment Recognized Cash Basis Real estate loans: Mortgages $ 421 $ 12 $ - Home Equity 64 4 - Commercial 6,216 207 10 Agricultural 5,540 126 - Consumer 1 - - Other commercial loans 260 3 - Other agricultural loans 538 4 - Total $ 13,040 $ 356 $ 10 2021 Real estate loans: Mortgages $ 682 $ 16 $ - Home Equity 99 4 - Commercial 8,789 288 31 Agricultural 4,562 82 - Other commercial loans 704 2 - Other agricultural loans 1,044 3 - Total $ 15,880 $ 395 $ 31 Non-performing Loans Non-performing loans include those loans that are considered nonaccrual, described in more detail below and all loans past due 90 or more days. Loans are considered for non-accrual status upon reaching 90 days delinquency, although the Company may be receiving partial payments of interest and partial repayments of principal on such loans, or if full payment of principal and interest is not expected. Additionally, if management is made aware of other information including bankruptcy, repossession, death, or legal proceedings, the loan may be placed on non-accrual status. If a loan is 90 days or more past due and is well secured and in the process of collection, it may still be considered accruing. The following table reflects the non-performing loan receivables, as well as those on non-accrual status as of December 31, 2023 and 2022, respectively. The balances are presented by class of loan receivable (in thousands): December 31, 2023 December 31, 2022 Nonaccrual With a related allowance Nonaccrual Without a related allowance 90 days or greater past due and accruing Total non- performing loans Nonaccrual 90 days or greater past due and accruing Total non- performing loans Real estate loans: Mortgages $ 315 $ 2,646 $ - $ 2,961 $ 562 $ - $ 562 Home Equity - 121 18 139 29 - 29 Commercial 256 879 404 1,539 2,778 - 2,778 Agricultural 181 2,489 75 2,745 3,222 - 3,222 Construction 2,357 - - 2,357 - - - Consumer 701 - 13 714 - 7 7 Other commercial loans 588 1,162 6 1,756 62 - 62 Other agricultural loans - 492 - 492 285 - 285 $ 4,398 $ 7,789 $ 516 $ 12,703 $ 6,938 $ 7 $ 6,945 As of December 31, 2023, there were $7.8 million of non-accrual loans that did not have a related allowance for credit losses. The estimated fair values of the collateral securing these loans exceeded their carrying amount, or the loans were previously charge down to the realizable collateral values. Accordingly, no specific valuation allowance was considered to be necessary. The following table presents, by class of loans and leases, the amortized cost basis of collateral-dependent nonaccrual loans and leases and type of collateral as of December 31, 2023 and 2022 (in thousands): December 31, 2023 December 31, 2022 Real Estate Business Assets None Total Real Estate Business Assets None Total Real estate loans: Mortgages $ 2,961 $ - $ - $ 2,961 $ 562 $ - $ - $ 562 Home Equity 121 - - 121 29 - - 29 Commercial 1,135 - - 1,135 2,778 - - 2,778 Agricultural 2,670 - - 2,670 3,222 - - 3,222 Construction 2,357 - - 2,357 - - - - Consumer - - 701 701 - - - - Other commercial loans - 1,750 - 1,750 - 62 - 62 Other agricultural loans - 492 - 492 - 285 - 285 $ 9,244 $ 2,242 $ 701 $ 12,187 $ 6,591 $ 347 $ - $ 6,938 Credit Quality Information For commercial real estate, agricultural real estate, construction, other commercial, other agricultural, and state and political subdivision loans, management uses an internal risk rating system to monitor and assess credit quality. During the third quarter of 2023, this rating system was expanded from a nine grade rating system to a ten grade rating system. The first six categories under the revised system are considered not criticized and are aggregated as “Pass” rated. Under the prior system, the first five categories were considered not criticized and aggregated as “Pass” rated. The criticized rating categories utilized by management generally follow bank regulatory definitions. The definitions of each rating are defined below: • Pass (Grades 1-6) – These loans are to customers with credit quality ranging from an acceptable to very high quality and are protected by the current net worth and paying capacity of the obligor or by the value of the underlying collateral. • Special Mention (Grade 7) – This loan grade is in accordance with regulatory guidance and includes loans where a potential weakness or risk exists, which could cause a more serious problem if not corrected. • Substandard (Grade 8) – This loan grade is in accordance with regulatory guidance and includes loans that have a well-defined weakness based on objective evidence and be characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. • Doubtful (Grade 9) – This loan grade is in accordance with regulatory guidance and includes loans that have all the weaknesses inherent in a substandard asset. In addition, these weaknesses make collection or liquidation in full highly questionable and improbable, based on existing circumstances. • Loss (Grade 10) – This loan grade is in accordance with regulatory guidance and includes loans that are considered uncollectible, or of such value that continuance as an asset is not warranted. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay the loan as agreed, the Company’s loan rating process includes several layers of internal and external oversight. The Company’s loan officers are responsible for the timely and accurate risk rating of the loans in each of their portfolios at origination and on an ongoing basis under the supervision of management. All commercial, agricultural and state and political relationships over $500,000 are reviewed annually to ensure the appropriateness of the loan grade. In addition, the Company engages an external consultant on at least an annual basis to: 1) review a minimum of 50% of the dollar volume of the commercial loan portfolio on an annual basis, 2) a large sample of relationships in aggregate over $1,000,000, 3) selected loan relationships over $750,000 which are over 30 days past due, or classified Special Mention, Substandard, Doubtful, or Loss, and 4) such other loans which management or the consultant deems appropriate. As part of this review, our underwriting process and loan grading system is evaluated. The following tables represent credit exposures by internally assigned grades, by origination year, as of December 31, 2023 (in thousands): Revolving Revolving Loans Loans Amortized Converted December 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Commercial real estate Risk Rating Pass $ 90,068 $ 333,710 $ 224,873 $ 122,560 $ 81,557 $ 180,799 $ 28,360 $ 1,140 $ 1,063,067 Special Mention 672 7,963 227 1,552 7,442 8,159 96 60 26,171 Substandard - 1,302 6 - 158 1,444 317 422 3,649 Doubtful - - - - - - - - - Total $ 90,740 $ 342,975 $ 225,106 $ 124,112 $ 89,157 $ 190,402 $ 28,773 $ 1,622 $ 1,092,887 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Agricultural real estate Risk Rating Pass $ 22,632 $ 47,479 $ 28,990 $ 32,058 $ 25,406 $ 118,700 $ 10,495 $ 460 $ 286,220 Special Mention 574 9,165 1,499 - 962 7,038 3,535 - 22,773 Substandard - - - - 102 5,394 75 238 5,809 Doubtful - - - - - - - - - Total $ 23,206 $ 56,644 $ 30,489 $ 32,058 $ 26,470 $ 131,132 $ 14,105 $ 698 $ 314,802 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction - Risk Rating Pass $ 54,973 $ 102,562 $ 22,508 $ - $ - $ - $ 839 $ 1,166 $ 182,048 Special Mention 1,574 5,432 4,415 - - - - - 11,421 Substandard - - 2,357 - - - - - 2,357 Doubtful - - - - - - - - - Total $ 56,547 $ 107,994 $ 29,280 $ - $ - $ - $ 839 $ 1,166 $ 195,826 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Other commercial loans - Risk Rating Pass $ 31,493 $ 11,407 $ 9,016 $ 4,793 $ 4,758 $ 3,530 $ 63,285 $ 93 $ 128,375 Special Mention 51 52 1,510 184 223 629 1,652 36 4,337 Substandard 52 97 - - 149 967 502 1,667 3,434 Doubtful - - - - - - - 22 22 Total $ 31,596 $ 11,556 $ 10,526 $ 4,977 $ 5,130 $ 5,126 $ 65,439 $ 1,818 $ 136,168 Current period gross charge-offs $ 200 $ - $ - $ 763 $ - $ - $ - $ - $ 963 Other agricultural loans - Risk Rating Pass $ 3,902 $ 1,520 $ 6,448 $ 1,046 $ 532 $ 305 $ 15,331 $ - $ 29,084 Special Mention - 473 16 42 - - 488 29 1,048 Substandard - - 207 - 4 255 44 31 541 Doubtful - - - - - - - - - Total $ 3,902 $ 1,993 $ 6,671 $ 1,088 $ 536 $ 560 $ 15,863 $ 60 $ 30,673 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - State and political subdivision loans - Risk Rating Pass $ 1,623 $ 14,171 $ 10,841 $ 5,235 $ - $ 25,294 $ 10 $ - $ 57,174 Special Mention - - - - - - - - - Substandard - - - - - - - - - Doubtful - - - - - - - - - Total $ 1,623 $ 14,171 $ 10,841 $ 5,235 $ - $ 25,294 $ 10 $ - $ 57,174 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total - Risk Rating Pass $ 204,691 $ 510,849 $ 302,676 $ 165,692 $ 112,253 $ 328,628 $ 118,320 $ 2,859 $ 1,745,968 Special Mention 2,871 23,085 7,667 1,778 8,627 15,826 5,771 125 65,750 Substandard 52 1,399 2,570 - 413 8,060 938 2,358 15,790 Doubtful - - - - - - - 22 22 Total $ 207,614 $ 535,333 $ 312,913 $ 167,470 $ 121,293 $ 352,514 $ 125,029 $ 5,364 $ 1,827,530 Information presented in the table above is not required for periods prior to adoption of CECL. The following table presents the most comparable information for the prior period, internal credit risk ratings for the indicated loan class segments as of December 31, 2022 (in thousands). December 31, 2022 Pass Special Mention Substandard Doubtful Loss Ending Balance Real estate loans: Commercial $ 842,912 $ 28,047 $ 5,610 $ - $ - $ 876,569 Agricultural 295,443 11,960 6,211 - - 313,614 Construction 75,703 2,642 2,346 - - 80,691 Other commercial loans 59,902 2,953 337 30 - 63,222 Other agricultural loans 32,708 1,307 817 - - 34,832 State and political subdivision loans 59,208 - - - - 59,208 Total $ 1,365,876 $ 46,909 $ 15,321 $ 30 $ - $ 1,428,136 For residential real estate mortgage loans, home equity loans, and consumer loans, credit quality is monitored based on whether the loan is performing or non-performing, which is typically based on the aging status of the loan and payment activity, unless a specific action, such as bankruptcy, repossession, death or significant delay in payment occurs to raise awareness of a possible credit event. Non-performing loans include those loans that are considered nonaccrual, described in more detail above, and all loans past due 90 or more days and still accruing. The following table presents the recorded investment in those loan classes based on payment activity, by origination year, as of December 31, 2023 (in thousands): Revolving Revolving Loans Loans Amortized Converted December 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Residential real estate Payment Performance Performing $ 19,082 $ 93,706 $ 47,774 $ 29,940 $ 18,923 $ 97,813 $ - $ - $ 307,238 Nonperforming - 399 766 396 - 1,400 - - 2,961 Total $ 19,082 $ 94,105 $ 48,540 $ 30,336 $ 18,923 $ 99,213 $ - $ - $ 310,199 Current period gross charge-offs $ - $ - $ - $ - $ - $ 1 $ - $ - $ 1 Home equity - Payment Performance Performing $ 3,877 $ 3,008 $ 1,886 $ 1,954 $ 2,462 $ 7,883 $ 28,219 $ 363 $ 49,652 Nonperforming - - - - - 72 67 - 139 Total $ 3,877 $ 3,008 $ 1,886 $ 1,954 $ 2,462 $ 7,955 $ 28,286 $ 363 $ 49,791 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer - Payment Performance Performing $ 1,803 $ 979 $ 539 $ 477 $ 557 $ 2,988 $ 53,254 $ 5 $ 60,602 Nonperforming - 21 - - - 693 - - 714 Total $ 1,803 $ 1,000 $ 539 $ 477 $ 557 $ 3,681 $ 53,254 $ 5 $ 61,316 Current period gross charge-offs $ - $ - $ - $ - $ 1 $ 341 $ 23 $ - $ 365 Total - Payment Performance Performing $ 24,762 $ 97,693 $ 50,199 $ 32,371 $ 21,942 $ 108,684 $ 81,473 $ 368 $ 417,492 Nonperforming - 420 766 396 - 2,165 67 - 3,814 Total $ 24,762 $ 98,113 $ 50,965 $ 32,767 $ 21,942 $ 110,849 $ 81,540 $ 368 $ 421,306 Information presented in the table above is not required for periods prior to adoption of CECL. The following table presents the most comparable information for the prior period, internal credit risk ratings for the indicated loan class segments as of December 31, 2022 (in thousands). December 31, 2022 Performing Non-performing PCI Total Real estate loans: Mortgages $ 161,998 $ 562 $ 9 $ 162,569 Home Equity 47,615 29 - 47,644 Consumer 86,643 7 - 86,650 Total $ 296,256 $ 598 $ 9 $ 296,863 Aging Analysis of Past Due Loan Receivables Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following table includes an aging analysis of the recorded investment of past due loan receivables as of December 31, 2023 and 2022 (in thousands): 30-59 Days 60-89 Days 90 Days Or Total Past Total Loans 90 Days or Greater and December 31, 2023 Past Due Past Due Greater Due Current Receivables Accruing Real estate loans: Mortgages $ 2,682 $ 360 $ 2,240 $ 5,282 304,917 $ 310,199 $ - Home Equity 145 67 71 283 49,508 49,791 18 Commercial 1,151 245 1,380 2,776 1,090,111 1,092,887 404 Agricultural 72 - 1,440 1,512 313,290 314,802 75 Construction 4,407 388 2,357 7,152 188,674 195,826 - Consumer 16 282 23 321 60,995 61,316 13 Other commercial loans 670 366 319 1,355 134,813 136,168 6 Other agricultural loans 108 362 - 470 30,203 30,673 - State and political subdivision loans - - - - 57,174 57,174 - Total $ 9,251 $ 2,070 $ 7,830 $ 19,151 $ 2,229,685 $ 2,248,836 $ 516 Loans considered non-accrual $ 199 $ 666 $ 7,314 $ 8,179 $ 4,008 $ 12,187 Loans still accruing 9,052 1,404 516 10,972 2,225,677 2,236,649 Total $ 9,251 $ 2,070 $ 7,830 $ 19,151 $ 2,229,685 $ 2,248,836 30-59 Days 60-89 Days 90 Days Total Past Total Loans 90 Days or Greater and December 31, 2022 Past Due Past Due Or Greater Due Current PCI Receivables Accruing Real estate loans: Mortgages $ 356 $ 132 $ 229 $ 717 $ 161,843 $ 9 $ 162,569 $ - Home Equity 48 9 29 86 47,558 - 47,644 - Commercial 1,065 115 1,788 2,968 871,745 1,856 876,569 - Agricultural - - 1,368 1,368 310,805 1,441 313,614 - Construction - - - - 80,691 - 80,691 - Consumer 147 - 7 154 86,496 - 86,650 7 Other commercial loans 1,660 35 32 1,727 61,495 - 63,222 - Other agricultural loans - - - - 34,832 - 34,832 - State and political subdivision loans - - - - 59,208 - 59,208 - Total $ 3,276 $ 291 $ 3,453 $ 7,020 $ 1,714,673 $ 3,306 $ 1,724,999 $ 7 Loans considered non-accrual $ 46 $ 76 $ 3,446 $ 3,568 $ 3,370 $ - $ 6,938 Loans still accruing 3,230 215 7 3,452 1,711,303 3,306 1,718,061 Total $ 3,276 $ 291 $ 3,453 $ 7,020 $ 1,714,673 $ 3,306 $ 1,724,999 Modifications to Borrowers Experiencing Financial Difficulty Occasionally, the Company modifies loans to borrowers in financial distress by providing principal forgiveness, term extension, an other-than-insignificant payment delay or interest rate reduction. When principal forgiveness is provided, the amount of forgiveness is charged-off against the allowance for credit losses. In some cases, the Company provides multiple types of concessions on one loan. Typically, one type of concession, such as a term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted. The following table shows, the amortized cost basis by class of loans receivable, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during 2023 (dollars in thousands): For the year ended December 31, 2023 Number of loans Amortized Cost Basis % of Total Class of Financing Receivable Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Real estate loans: Mortgages 1 $ 126 0.04 % Commercial 4 1,142 0.10 % Agricultural 3 688 0.22 % Other commercial loans 1 610 0.45 % Total 9 $ 2,566 Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Real estate loans: Mortgages 1 $ 315 0.10 % Commercial 3 261 0.02 % Other commercial loans 5 1,108 0.81 % Total 9 $ 1,684 The following table shows, by class of loans receivable, information regarding the financial effect on accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during 2023: Term Extension Loan Type Number of loans Financial Effect Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Real estate loans: Mortgages 1 Extended the loan maturity 4 months Commercial 4 Extended the weighted average loan maturity 4 months Agricultural 3 Extended the weighted average loan maturity 5 months Other commercial loans 1 Extended the loan maturity 60 months Total 9 Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Real estate loans: Mortgages 1 Extended the loan maturing 10 months Commercial 3 Extended the weighted average loan maturity 5 months Other commercial loans 5 Extended the weighted average loan maturity 13 months Total 9 There were no accruing or nonaccrual modified loans to borrowers experiencing financial difficulty for which there were payment defaults after the modification date for 2023. The following presents, by class of loans, the amortized cost and payment status of accruing and nonaccrual modified loans to borrowers experiencing financial difficulty at December 31, 2023 (in thousands): 30-89 Days 90 Days Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Current Past Due Or Greater Total Real estate loans: Mortgages $ 126 $ - $ - $ 126 Commercial 1,142 - - 1,142 Agricultural 688 - - 688 Other commercial loans 610 - - 610 Total $ 2,566 $ - $ - $ 2,566 30-89 Days 90 Days Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Current Past Due Or Greater Total Real estate loans: Mortgages $ 315 $ - $ - $ 315 Commercial 261 - - 261 Other commercial loans 1,108 - - 1,108 Total $ 1,684 $ - $ - $ 1,684 Information presented in the table above is not required for periods prior to adoption of CECL. The following table presents the most comparable information for the prior period for troubled debt restructurings as of December 31, 2022 and 2021 (in thousands). Number of contracts Pre-modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment 2022 Interest Modification Term Modification Interest Modification Term Modification Interest Modification Term Modification Real estate loans: Home Equity - 1 $ - $ 8 $ - $ 8 Commercial - 4 - 2,301 - 2,301 Agricultural - 2 - 1,137 - 1,137 Total - 7 $ - $ 3,446 $ - $ 3,446 2021 Real estate loans: Commercial - 4 $ - $ 1,469 $ - $ 1,469 Agricultural - 4 - 2,090 - 2,090 Total - 8 $ - $ 3,559 $ - $ 3,559 Recidivism, or the borrower defaulting on its obligation pursuant to a modified loan, results in the loan once again becoming a non-accrual loan. Recidivism occurs at a notably higher rate than do defaults on new origination loans, so modified loans present a higher risk of loss than do new origination loans. There was no recidivism or other defaults during the reporting periods for loans that were modified as TDRs during each 12-month period prior to the current reporting periods, which begin January 1, 2022 and 2021, respectively. Foreclosed Assets Held For Sale Foreclosed assets acquired in settlement of loans are carried at fair value, less estimated costs to sell, and are included in other assets on the Consolidated Balance Sheet. As of December 31, 2023, and 2022 included with other assets are $

PREMISES & EQUIPMENT

PREMISES & EQUIPMENT	12 Months Ended
	Dec. 31, 2023
PREMISES & EQUIPMENT [Abstract]
PREMISES & EQUIPMENT	7. PREMISES & EQUIPMENT Premises and equipment at December 31, 2023 and 2022 are summarized as follows (in thousands): December 31, 2023 2022 Land $ 5,839 $ 5,667 Buildings 22,948 20,997 Furniture, fixtures and equipment 8,499 7,512 Construction in process 1,921 151 39,207 34,327 Less: accumulated depreciation 17,823 16,708 Premises and equipment, net $ 21,384 $ 17,619 Depreciation expense amounted to $1,147,000, $877,000 and $922,000 for 2023, 2022 and 2021, respectively.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2023
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	8. GOODWILL AND OTHER INTANGIBLE ASSETS The following table provides the gross carrying value and accumulated amortization of intangible assets as of December 31, 2023 and 2022 (in thousands): December 31, 2023 December 31, 2022 Gross carrying value Accumulated amortization Net carrying value Gross carrying value Accumulated amortization Net carrying value Amortized intangible assets (1): MSRs $ 2,457 $ (1,502 ) $ 955 $ 2,336 $ (1,362 ) $ 974 Core deposit intangibles 4,713 (2,018 ) 2,695 1,943 (1,645 ) 298 Total amortized intangible assets $ 7,170 $ (3,520 ) $ 3,650 $ 4,279 $ (3,007 ) $ 1,272 Unamortized intangible assets: Goodwill $ 85,758 $ 31,376 (1) Excludes fully amortized intangible assets The following table provides the current year and estimated future amortization expense for the next five years of amortized intangible assets (in thousands). We based our projections of amortization expense shown below on existing asset balances at December 31, 2023. Future amortization expense may vary from these projections: MSRs Core deposit intangibles Total Year ended December 31, 2023 $ 301 $ 373 $ 674 Estimate for year ended December 31, 2024 280 564 844 2025 228 478 706 2026 177 395 572 2027 120 339 459 2028 71 284 355 2029 and thereafter 79 635 714 Total 955 2,695 3,650

FEDERAL HOME LOAN BANK (FHLB) S

FEDERAL HOME LOAN BANK (FHLB) STOCK	12 Months Ended
	Dec. 31, 2023
FEDERAL HOME LOAN BANK (FHLB) STOCK [Abstract]
FEDERAL HOME LOAN BANK (FHLB) STOCK	9. FEDERAL HOME LOAN BANK (FHLB) STOCK As a member of the FHLB of Pittsburgh, the Bank is required to maintain a minimum investment in stock of the FHLB that varies with the level of advances outstanding with the FHLB. As of December 31, 2023, and 2022, included in other assets, the Bank held $14,997,000 and $10,627,000, respectively, of FHLB stock. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost and evaluated by management. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) A significant decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted (b) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance (c) the impact of legislative and regulatory changes on the customer base of the FHLB and (d) the liquidity position of the FHLB. Management evaluated the stock and concluded that the stock was not impaired for the periods presented herein. Management considered that the FHLB’s regulatory capital ratios are strong, liquidity appears adequate, new shares of FHLB stock continue to exchange hands at the $100 par value and the FHLB has repurchased shares of excess capital stock from its members and has paid a quarterly cash dividend.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2023
DEPOSITS [Abstract]
DEPOSITS	10. DEPOSITS The following table shows the breakdown of deposits as of December 31, 2023 and 2022, by deposit type (in thousands): 2023 2022 Non-interest-bearing deposits $ 523,784 $ 396,260 NOW accounts 670,712 512,502 Savings deposits 307,357 321,917 Money market deposit accounts 400,154 335,838 Certificates of deposit 419,474 277,691 Total $ 2,321,481 $ 1,844,208 Certificates of deposit of $250,000 or more amounted to $94,812,000 and $56,287,000 at December 31, 2023 and 2022, respectively. Brokered deposits totaled $109,284,000 and $16,006,000 as of December 31, 2023 and 2022, respectively. Following are maturities of certificates of deposit as of December 31, 2023 (in thousands): 2024 $ 263,074 2025 87,829 2026 34,410 2027 17,250 2028 13,705 Thereafter 3,206 Total certificates of deposit $ 419,474

BORROWED FUNDS AND REPURCHASE A

BORROWED FUNDS AND REPURCHASE AGREEMENTS	12 Months Ended
	Dec. 31, 2023
BORROWED FUNDS AND REPURCHASE AGREEMENTS [Abstract]
BORROWED FUNDS AND REPURCHASE AGREEMENTS	11. BORROWED FUNDS AND REPURCHASE AGREEMENTS The following table shows the breakdown of borrowed funds as of December 31, 2023 and 2022 (dollars in thousands): Weighted average interest rate: 2023 Balance at December 31 Highest balance at any month-end Average balance Paid during the year As of year- end Securities Sold Under Agreements to Repurchases (a) $ 18,043 $ 18,184 $ 17,425 4.92 % 5.10 % FHLB Advances(b) 135,841 234,310 192,399 5.43 % 5.68 % Bank Federal Funds Lines (c) - - - 6.53 % 0.00 % FRB BIC Line (d) - - 29 5.24 % 0.00 % Line of Credit (e) 12,572 17,500 5,880 8.48 % 8.50 % FRB Term Funding Program (f) 20,000 20,000 329 4.84 % 4.84 % Other Borrowings (g) 10,860 14,160 7,390 5.35 % 5.33 % Subordinated Debt (h) 18,933 18,933 14,745 5.50 % 6.30 % Notes Payable (i) 7,500 7,500 7,500 3.65 % 3.65 % Term Loans (j) 98,287 117,775 80,908 2.30 % 4.94 % Total Borrowed Funds $ 322,036 $ 448,362 $ 326,605 4.64 % 5.46 % Weighted average interest rate: 2022 Balance at December 31 Highest balance at any month-end Average balance Paid during the year As of year- end Securities Sold Under Agreements to Repurchases (a) $ 17,776 $ 17,776 $ 16,246 1.95 % 4.13 % FHLB Advances(b) 169,110 171,047 69,571 3.50 % 4.45 % Bank Federal Funds Lines (c) - - 3 1.99 % 0.00 % FRB BIC Line (d) - - 49 1.76 % 0.00 % Line of Credit (e) - - - 0.00 % 0.00 % FRB Term Funding Program (f) - - - 0.00 % 0.00 % Other Secured Borrowings (g) - - - 0.00 % 0.00 % Subordinated Debt (h) 9,892 9,892 9,885 4.18 % 4.18 % Notes Payable (i) 7,500 7,500 7,500 3.63 % 3.57 % Term Loans (j) 53,000 53,000 46,407 1.00 % 1.00 % Total Borrowed Funds $ 257,278 $ 259,215 $ 149,661 2.61 % 3.66 % Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than 2023 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 19,490 $ - $ - $ - $ 19,490 Total carrying value of collateral pledged $ 19,490 $ - $ - $ - $ 19,490 Total liability recognized for repurchase agreements $ 18,043 Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than 2022 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 20,371 $ - $ - $ - $ 20,371 Total carrying value of collateral pledged $ 20,371 $ - $ - $ - $ 20,371 Total liability recognized for repurchase agreements $ 17,776 (b) FHLB Advances consist of an “Open RepoPlus” agreement with the FHLB of Pittsburgh. FHLB “Open RepoPlus” advances are short-term borrowings that bear interest based on the FHLB discount rate or Federal Funds rate, whichever is higher. The Company has a borrowing limit of $1,074,864,000, inclusive of any outstanding advances and letters of credit. FHLB advances are secured by a blanket security agreement that includes the Company’s FHLB stock, as well as certain investment and mortgage-backed securities held in safekeeping at the FHLB and certain residential and commercial mortgage loans. A portion of these advances, $43.0 million, are subject to interest rate swap arrangements. See Note 19 for additional information. (c) The federal funds lines consist of unsecured lines from two third party banks at market rates. The Bank has a borrowing limit totaling $34,000,000, inclusive of any outstanding balances. No specific collateral is required to be pledged for these borrowings. (d) The Federal Reserve Bank Borrower in Custody (FRB BIC) Line consists of a borrower in custody in agreement opened in January 2010 with the Federal Reserve Bank of Philadelphia secured by municipal loans maintained in the Company’s possession. As of December 31, 2023, and 2022, the Company has a borrowing limit of $993,000 and $1,050,000, respectively, inclusive of any outstanding advances. The approximate carrying value of the municipal loan collateral was $1,230,000 and $1,360,000 as of December 31, 2023 and 2022, respectively. (e) The Company issued a $15.0 million revolving line of credit in December 2023 with a New York community bank with a maturity date of January 1, 2026, subject to certain covenants. The line is subject to an annual fee of $20,000. Interest on outstanding borrowings is payable at prime. No specific collateral is required to be pledged for these borrowings. (f) The Federal Reserve’s Bank Term Funding Program (BTFP) consists of a loan agreement opened in the second quarter of 2023 with the Federal Re . As of December 31, 2023, the Bank has a borrowing limit of $54,525,000, which also represents the par value of the pledged securities.as of December 31, 2023. As of December 31, 2023, $20,000,000 was outstanding under the BTFP. (g) The Company entered into an agreement with a counterparty that provides for the Company the right to obtain collateral from the counterparty depending on the value of the underlying derivative instrument. The value of the collateral obtained can fluctuate daily. A market interest is required to be paid on any collateral held. As of December 31, 2023, the Company is holding $10,860,000 of collateral, which is included in cash on the Consolidated Balance sheet (h) In April 2021, the Company issued $10.0 million of fixed to floating rate subordinated notes that mature on April 16, 2031, unless redeemed earlier. The notes bear interest at 4% per annum through April 16, 2026 and subsequently pay interest at the 90-day average secured overnight financing rate, determined on the determination date of the applicable interest period, plus 323 This note has a maturity date of May 28, 2031, and has a coupon rate of 4.50% per annum through May 28, 2026. Thereafter, the note rate is adjustable and resets quarterly based on the then current 90-day average Secured Overnight Financing Rate (“SOFR”) plus 325 (i) In December 2003, the Company formed a special purpose entity (“Entity”) to issue $7,500,000 of floating rate obligated mandatory redeemable trust preferred securities as part of a pooled offering. The rate was determined quarterly and floated based on the 3-month SOFR plus 2.80 percent. The Entity may redeem them, in whole or in part, at face value after December 17, 2008, and on a quarterly basis thereafter. The Company borrowed the proceeds of the issuance from the Entity in December 2003 in the form of a $7,500,000 note payable. Debt issue costs of $75,000 have been capitalized and fully amortized as of December 31, 2008. Under current accounting rules, the Company’s minority interest in the Entity was recorded at the initial investment amount and is included in the other assets section of the balance sheet. The Entity is not consolidated as part of the Company’s consolidated financial statements. The $7,500,000 note payable is subject to an interest rate swap arrangement. See Note 19 for additional information. (j) Term Loans consist of separate loans with the FHLB of Pittsburgh as follows (dollars in thousands): December 31, December 31, Interest Rate Maturity 2023 2022 Fixed: 5.73 % January 2, 2024 25,000 - 5.64 % February 14, 2024 18,000 - 2.46 % March 28, 2024 5,000 5,000 1.70 % August 20, 2024 5,000 5,000 4.75 % November 11, 2024 5,000 - 4.47 % May 12, 2025 10,000 - 4.32 % November 12, 2025 5,000 - 5.03 % July 7, 2025 25,287 - 3.86 % January 3, 2023 - 25,000 4.57 % February 14, 2023 - 18,000 Total term loans $ 98,287 $ 53,000 Following are maturities of borrowed funds as of December 31, 2023 (in thousands): 2024 $ 255,316 2025 40,287 2026 - 2027 - 2028 - Thereafter 26,433 Total borrowed funds $ 322,036

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2023
EMPLOYEE BENEFIT PLANS [Abstract]
EMPLOYEE BENEFIT PLANS	12. EMPLOYEE BENEFIT PLANS Noncontributory Defined Benefit Pension Plan The Bank sponsors a trusteed, noncontributory defined benefit pension plan covering substantially all employees and officers hired prior to January 1, 2007. The pension plan calls for benefits to be paid to eligible employees at retirement based primarily upon years of service with the Bank and compensation rates during employment. Upon retirement or other termination of employment, employees can elect either an annuity benefit or a lump sum distribution of vested benefits in the pension plan. The Bank’s funding policy is to make annual contributions, if needed, based upon the funding formula developed by the pension plans’ actuary. The Bank did not make any contributions to the pension plans in 2023, 2022 or 2021. In lieu of the pension plan, employees with a hire date of January 1, 2007 or later are eligible to receive, after meeting length of service requirements, an annual discretionary 401(k) plan contribution from the Bank equal to a percentage of an employee’s base compensation. The contribution amount is placed in a separate account within the 401(k) plan and is subject to a vesting requirement. Contributions by the Company totaled $354,000, $300,000 and $290,000 for 2023, 2022 and 2021, respectively. The following table sets forth the obligation and funded status of the pension plan as of December 31 (in thousands): 2023 2022 Change in benefit obligation Benefit obligation at beginning of year $ 9,324 $ 13,123 Service cost 306 356 Interest cost 433 275 Actuarial (Gain) / Loss 280 (3,230 ) Settlement gain - (37 ) Benefits paid (787 ) (1,163 ) Benefit obligation at end of year 9,556 9,324 Change in plan assets Fair value of plan assets at beginning of year 11,335 13,916 Actual return (loss) on plan assets 1,114 (1,418 ) Employer contribution - - Benefits paid (787 ) (1,163 ) Fair value of plan assets at end of year 11,662 11,335 Funded status $ 2,106 $ 2,011 Amounts not yet recognized as a component of net periodic pension cost as of December 31 (in thousands): Amounts recognized in accumulated other comprehensive loss consists of: 2023 2022 Net loss $ 1,231 $ 1,336 Prior service cost - - Total $ 1,231 $ 1,336 The accumulated benefit obligation for the defined benefit pension plan was $9,556,000 and $9,324,000 at December 31, 2023 and 2022 respectively. The components of net periodic benefit costs for the years ended December 31 are as follows (in thousands): 2023 2022 2021 Service cost $ 306 $ 356 $ 380 Interest cost 433 275 270 Return on plan assets (769 ) (935 ) (895 ) Settlement loss (gain) - 144 235 Net amortization and deferral 41 96 336 Net periodic benefit (income) cost $ 11 $ (64 ) $ 326 The estimated net loss that will be amortized from accumulated other comprehensive loss into the net periodic benefit cost (income) in 2024 is $9,000. The weighted-average assumptions used to determine benefit obligations at December 31, 2023, 2022 and 2021 is summarized in the following table. The change in the discount rate is the primary driver of the actuarial gain that occurred in 2023 of $280,000. 2023 2022 2021 Discount rate FCCB Plan 4.50 % 4.75 % 2.25 % Rate of compensation increase 3.00 % 3.00 % 3.00 % The weighted-average assumptions used to determine net periodic benefit cost (income) for the year ended December 31, 2023, 2022 and 2021 is summarized in the following table. 2023 2022 2021 Discount rate FCCB Plan 4.75 % 2.25 % 2.00 % Expected long-term return on plan assets FCCB plan 7.00 % 7.00 % 7.00 % Rate of compensation increase 3.00 % 3.00 % 3.00 % The long-term rate of return on plan assets gives consideration to returns currently being earned on plan assets as well as future rates expected to be earned. The investment objective is to maximize total return consistent with the interests of the participants and beneficiaries, and prudent investment management. The allocation of the pension plan assets is determined on the basis of sound economic principles and is continually reviewed in light of changes in market conditions. Asset allocation favors equity securities, with a target allocation of 50-70%. The target allocation for debt securities is 30-50%. At December 31, 2023, the pension plan had a sufficient cash and money market position in order to re-allocate the equity portfolio for diversification purposes and reduce risk in the total portfolio. The following table sets forth by level, within the fair value hierarchy as defined in footnote 21, the Plan’s assets at fair value as of December 31, 2023 and 2022 (dollars in thousands): 2023 Level I Level II Level III Total Allocation Assets Cash and cash equivalents $ 380 $ - $ - $ 380 3.3 % Equity Securities 5,638 - - 5,638 48.3 % Mutual Funds and ETF’s 3,428 - - 3,428 29.4 % Corporate Bonds - 2,167 - 2,167 18.6 % U.S. Agency Securities - 49 - 49 0.4 % Total $ 9,446 $ 2,216 $ - $ 11,662 100.0 % 2022 Level I Level II Level III Total Allocation Assets Cash and cash equivalents $ 431 $ - $ - $ 431 3.8 % Equity Securities 5,391 - - 5,391 47.6 % Mutual Funds and ETF’s 3,322 - - 3,322 29.3 % Corporate Bonds - 2,143 - 2,143 18.9 % U.S. Agency Securities - 48 - 48 0.4 % Total $ 9,144 $ 2,191 $ - $ 11,335 100.0 % Equity securities include the Company’s common stock in the amounts of $746,000 (6.4% of total plan assets) and $876,000 (7.7% of total plan assets) at December 31, 2023 and 2022, respectively. The Bank does not expect to make a contribution to its pension plan in 2024. Expected future benefit payments that the Bank estimates from its pension plan are as follows (in thousands): 2024 $ 515 2025 842 2026 1,854 2027 1,176 2028 636 2029 2033 4,789 Defined Contribution Plan The Company sponsors a voluntary 401(k) savings plan which eligible employees can elect to contribute up to the maximum amount allowable not to exceed the limits of IRS Code Sections 401(k). Under the plan, the Company also makes required contributions on behalf of the eligible employees. The Company’s contributions vest immediately. Contributions by the Company totaled $769,000, $623,000 and $563,000 for 2023, 2022 and 2021, respectively. Directors’ Deferred Compensation Plan The Company’s directors may elect to defer all or portions of their fees until their retirement or termination from service. Amounts deferred under the deferred compensation plan earn interest based upon the highest current rate offered to certificate of deposit customers. Amounts deferred under the deferred compensation plan are not guaranteed and represent a general liability of the Company. As of December 31, 2023, and 2022, an obligation of $604,000 and $580,000, respectively, was included in other liabilities for this plan in the Consolidated Balance Sheet. Amounts included in interest expense on the deferred amounts totaled $27,000, $11,000 and $6,000 for the years ended December 31, 2023, 2022 and 2021, respectively. Restricted Stock Plan The Company maintains a Restricted Stock Plan (the Plan) whereby employees and non-employee corporate directors are eligible to receive awards of restricted stock based upon performance related requirements. Awards granted under the Plan are in the form of the Company’s common stock and maybe subject to certain vesting requirements including in the case of employees, continuous employment or service with the Company. In April 2016, the Company’s stockholder authorized a total of 150,000 shares of the Company’s common stock to be made available under the Plan. As of December 31, 2023, 112,563 shares remain available to be issued under the Plan. The Plan assists the Company in attracting, retaining and motivating employees to make substantial contributions to the success of the Company and to increase the emphasis on the use of equity as a key component of compensation. The following table details the vesting, awarding and forfeiting of unearned restricted shares during 2023: 2023 Shares Weighted Average Market Price Outstanding, beginning of year 6,622 $ 58.51 Granted 3,495 77.77 Forfeited (213 ) 63.12 Vested (3,197 ) 61.69 Outstanding, end of year 6,707 $ 71.94 Compensation cost related to restricted stock is recognized based on the market price of the stock at the grant date over the vesting period. Compensation expense related to restricted stock was $239,000, $279,000 and $318,000 for the years ended December 31, 2023, 2022 and 2021, respectively. The per share weighted-average grant-date fair value of restricted shares granted during 2023, 2022 and 2021 was $77.77, $68.69 and $60.73, respectively. At December 31, 2023, the total compensation cost related to nonvested awards that has not yet been recognized was $482,000, which is expected to be recognized over the next 3 years. Supplemental Executive Retirement Plan The Company maintains a non-qualified supplemental executive retirement plan (“SERP”) for certain executives to compensate those executive participants in the Company’s noncontributory defined benefit pension plan whose benefits are limited by compensation limitations under current tax law. At December 31, 2023 and 2022, an obligation of $2,897,000 and $2,706,000, respectively, for the SERP was included in other liabilities in the Consolidated Balance Sheet. Expenses related to the SERP totaled $233,000, $240,000 and $473,000 for the years ended December 31, 2023, 2022 and 2021, respectively. Benefit payments for 2023, 2022 and 2021 were $42,000. Deferred Compensation Plan In 2018, the Company initiated a non-qualified executive deferred compensation plan for eligible employees designated by the Board of Directors. At December 31, 2023 and 2022, an obligation of $1,503,000 and $1,235,000, respectively, was included in other liabilities for the deferred compensation plan in the Consolidated Balance Sheet. Expenses related to the deferred compensation plan totaled $268,000, $296,000 and $309,000 for the years ended December 31, 2023, 2022 and 2021, respectively. There were no benefit payments in 2023, 2022 or 2021. Salary Continuation Plan The Company maintains a salary continuation plan for certain employees acquired through the acquisition of FNB. At December 31, 2023 and 2022 an obligation of $575,000 and $617,000 respectively, was included in other liabilities for this plan in the Consolidated Balance Sheet. Expenses related to the salary continuation plan totaled $44,000, $47,000 and $49,000 for the years ended December 31, 2023, 2022 and 2021, respectively. Benefit payments related to the salary continuation plan totaled $87,000, $76,000 and $76,000 for the years ended December 31, 2023, 2022 and 2021, respectively Continuation of Life Insurance Plan The Company, as part of the acquisition of FNB, has promised a continuation of life insurance coverage to certain persons post-retirement. GAAP requires the recording of post-retirement costs and a liability equal to the present value of the cost of post-retirement insurance during the person’s term of service. The estimated present value of future benefits to be paid totaled $610,000 and $660,000 at December 31, 2023 and 2022, respectively, which is included in other liabilities in the Consolidated Balance Sheet. (Benefits)/Expenses for the plan totaled ($50,000), ($36,000) and $9,000 for the years ended December 31, 2023, 2022 and 2021, respectively.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2023
INCOME TAXES [Abstract]
INCOME TAXES	13. INCOME TAXES The provision for income taxes consists of the following (in thousands): Year Ended December 31, 2023 2022 2021 Currently payable $ 3,109 $ 6,471 $ 5,510 Deferred tax liability (asset) 595 (36 ) 689 Provision for income taxes $ 3,704 $ 6,435 $ 6,199 The following temporary differences gave rise to the net deferred tax asset and liabilities at December 31, 2023 and 2022, respectively (in thousands): 2023 2022 Deferred tax assets: Allowance for credit losses $ 5,868 $ 4,581 Deferred compensation 597 559 Merger & acquisition costs - 1 Allowance for losses on available-for-sale securities 147 9 Pension and other retirement obligation 166 146 Interest on non-accrual loans 1,263 974 Incentive plan accruals 662 503 Other real estate owned 16 32 Unrealized losses on available-for-sale securities 7,506 9,972 Low income housing tax credits 44 138 NOL carry forward 2,468 1,134 Unrealized losses on equity securities 24 - Non-PCD loan interest rate 4,795 - Right of use asset 2,349 1,053 Accrued vacation 281 157 Other 428 164 Total $ 26,614 $ 19,423 Deferred tax liabilities: Premises and equipment $ (679 ) $ (492 ) Investment securities accretion (432 ) (240 ) Loan fees and costs (859 ) (685 ) Goodwill and core deposit intangibles (2,889 ) (2,332 ) Mortgage servicing rights (201 ) (205 ) Unrealized gains on equity securities - (16 ) Unrealized gains on interest rate swap (1,143 ) (1,443 ) Borrowings fair value adjustment (511 ) - Lease liability (2,334 ) (1,047 ) Other (227 ) (77 ) Total (9,275 ) (6,537 ) Deferred tax asset, net $ 17,339 $ 12,886 No valuation allowance was established at December 31, 2023 and 2022, due to the certain tax strategies and anticipated future taxable income as evidenced by the Company’s earnings potential. The total provision for income taxes is different from that computed at the statutory rates due to the following items (dollars in thousands): Year Ended December 31, 2023 2022 2021 Provision at statutory rates on pre-tax income $ 4,514 $ 7,450 $ 7,413 Effect of tax-exempt income (895 ) (835 ) (764 ) Low income housing tax credits (585 ) (141 ) (141 ) Low income housing expense 399 - - Bank owned life insurance (263 ) (179 ) (384 ) Nondeductible interest 251 74 44 Nondeductible merger and acquisition expenses 247 61 - Change in tax rate - - - Other items 36 5 31 Provision for income taxes $ 3,704 $ 6,435 $ 6,199 Statutory tax rates 21 % 21 % 21 % Effective tax rates 17.2 % 18.1 % 17.6 % The Company prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not recognition threshold should be derecognized in the first subsequent financial reporting period in which that threshold is no longer met. There is currently no liability for uncertain tax positions and no known unrecognized tax benefits. With limited exception, the Company’s federal and state income tax returns for taxable years through 2019 have been closed for purposes of examination by the federal and state taxing authorities.

AFFORDABLE HOUSING PROJECTS TAX

AFFORDABLE HOUSING PROJECTS TAX CREDIT PARTNERSHIPS	12 Months Ended
	Dec. 31, 2023
AFFORDABLE HOUSING PROJECTS TAX CREDIT PARTNERSHIPS [Abstract]
AFFORDABLE HOUSING PROJECTS TAX CREDIT PARTNERSHIPS	14. AFFORDABLE HOUSING PROJECTS TAX CREDIT PARTNERSHIPS The Company makes equity investments in various limited partnerships or limited liability companies that sponsor affordable housing projects utilizing the Low Income Housing Tax Credit (“LIHTC”) pursuant to Section 42 of the Internal Revenue Code. The purpose of these investments is to achieve a satisfactory return on capital, to facilitate the sale of affordable housing product offerings, and to assist in achieving goals associated with the Community Reinvestment Act. The primary activities of these entities include the identification, development, and operation of multi-family housing that is leased to qualifying residential tenants. Generally, these types of investments are funded through a combination of debt and equity. The Company is a limited partner or non-managing member in each LIHTC limited partnership or limited liability company, respectively. Each of these entities is managed by an unrelated third-party general partner or managing member who exercises significant control over the affairs of the entity. The general partner or managing member has all the rights, powers and authority granted or permitted to be granted to a general partner of a limited partnership or managing member of a limited liability company. Duties entrusted to the general partner or managing member include, but are not limited to: investment in operating companies, company expenditures, investment of excess funds, borrowing funds, employment of agents, disposition of fund property, prepayment and refinancing of liabilities, votes and consents, contract authority, disbursement of funds, accounting methods, tax elections, bank accounts, insurance, litigation, cash reserve, and use of working capital reserve funds. Except for limited rights granted to the limited partner(s) or non-managing member(s) relating to the approval of certain transactions, the limited partner(s) and non-managing members may not participate in the operation, management, or control of the entity’s business, transact any business in the entity’s name or have any power to sign documents for or otherwise bind the entity. In addition, the general partner or managing member may only be removed by the limited partner(s) or managing member(s) in the event of a failure to comply with the terms of the agreement or negligence in performing its duties. The general partner or managing member of each entity has both the power to direct the activities which most significantly affect the performance of each entity and the obligation to absorb losses or the right to receive benefits that could be significant to the entities. Therefore, the Company has determined that it is not the primary beneficiary of any LIHTC entity. The Company uses the effective yield method to account for its pre-2015 investments in these entities. Beginning January 1, 2015, any new investments that meet the requirements of the proportional amortization method are recognized using the proportional amortization method. The Company’s net affordable housing tax credit investments and related unfunded commitments were as of December 31, 2023 and 2022, respectively, and are included in other assets in the consolidated balance sheet. Unfunded Commitments As of December 31, 2023, the expected payments for unfunded affordable housing commitments were as follows (dollars in thousands): 2024 $ 4,063 2025 2,169 2026 124 2027 19 2028 19 Thereafter 136 $ 6,530 The following table presents tax credits and other tax benefits recognized and amortization expense related to affordable housing for the years ended December 31, 2023, December 31, 2022, and December 31, 2021 (dollars in thousands). 2023 2022 2021 Effective Yield Method Tax credits and other tax benefits recognized $ - $ 141 $ 141 Amortization Expense in other expense - 108 108 Proportional Amortization Method Tax credits and other tax benefits recognized 948 - - Amortization Expense in Provision for Income Taxes 762 - - There were no impairment losses related to LIHTC investments for the years ended December 31, 2023, December 31, 2022, and December 31, 2021.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	12 Months Ended
	Dec. 31, 2023
Accumulated Other Comprehensive Loss [Abstract]
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	15. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The components of accumulated other comprehensive income (loss), net of tax, as of December 31, were as follows (in thousands): 2023 2022 Net unrealized loss on securities available for sale $ (35,743 ) $ (47,487 ) Tax effect 7,505 9,973 Net -of-tax amount (28,238 ) (37,514 ) Unrealized gain on interest rate swaps 5,441 6,873 Tax effect (1,142 ) (1,444 ) Net -of-tax amount 4,299 5,429 Unrecognized pension costs (1,231 ) (1,336 ) Tax effect 259 280 Net -of-tax amount (972 ) (1,056 ) Total accumulated other comprehensive loss $ (24,911 ) $ (33,141 ) The following tables present the changes in accumulated other comprehensive income (loss) by component net of tax for the years ended December 31, 2023, 2022 and 2021 (in thousands): Unrealized gain (loss) on available for sale securities (a) Unrealized gain (loss) on interest rate swap (a) Defined Benefit Pension Items (a) Total Balance as of December 31, 2020 $ 6,058 $ (9 ) $ (3,462 ) $ 2,587 Other comprehensive income (loss) before reclassifications (net of tax) (5,586 ) 1,403 1,229 (2,954 ) Amounts reclassified from accumulated other comprehensive income (loss) (net of tax) (168 ) 115 265 212 Net current period other comprehensive income (loss) (5,754 ) 1,518 1,494 (2,742 ) Balance as of December 31, 2021 $ 304 $ 1,509 $ (1,968 ) $ (155 ) Balance as of December 31, 2021 $ 304 $ 1,509 $ (1,968 ) $ (155 ) Other comprehensive income (loss) before reclassifications (net of tax) (37,829 ) 4,034 836 (32,959 ) Amounts reclassified from accumulated other comprehensive income (loss) (net of tax) 11 (114 ) 76 (27 ) Net current period other comprehensive income (loss) (37,818 ) 3,920 912 (32,986 ) Balance as of December 31, 2022 $ (37,514 ) $ 5,429 $ (1,056 ) $ (33,141 ) Balance as of December 31, 2022 $ (37,514 ) $ 5,429 $ (1,056 ) $ (33,141 ) Other comprehensive income (loss) before reclassifications (net of tax) 9,237 610 52 9,899 Amounts reclassified from accumulated other comprehensive income (loss) (net of tax) 39 (1,740 ) 32 (1,669 ) Net current period other comprehensive income (loss) 9,276 (1,130 ) 84 8,230 Balance as of December 31, 2023 $ (28,238 ) $ 4,299 $ (972 ) $ (24,911 ) (a) Amounts in parentheses indicate debits The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive loss for the years ended December 31, 2023, 2022 and 2021 (in thousands): Details about accumulated other comprehensive income (loss) Amount reclassified from accumulated comprehensive income (loss) (a) Affected line item in the Consolidated Statement of Income December 31, 2023 2022 2021 Unrealized gains and losses on available for sale securities $ (51 ) $ (14 ) $ 212 Available for sale securities (losses) gains, net 12 3 (44 ) Provision for income taxes $ (39 ) $ (11 ) $ 168 Net of tax Unrealized gain (loss) on interest rate swap $ 2,203 $ 145 $ (147 ) Interest expense (463 ) (31 ) 32 Provision for income taxes $ 1,740 $ 114 $ (115 ) Net of tax Defined benefit pension items $ (41 ) $ (96 ) $ (336 ) Other expenses 9 20 71 Provision for income taxes $ (32 ) $ (76 ) $ (265 ) Net of tax Total reclassifications $ 1,669 $ 27 $ (212 ) (a) Amounts in parentheses indicate debits

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
RELATED PARTY TRANSACTIONS [Abstract]
RELATED PARTY TRANSACTIONS	16. RELATED PARTY TRANSACTIONS Certain executive officers and directors of the Company, or companies in which they have 10 percent or more beneficial ownership, were indebted to the Bank. A summary of loan activity for the years ended December 31, 2023 and 2022 with officers, directors, stockholders and associates of such persons is listed below (in thousands): Year Ended December 31, 2023 2022 Balance, beginning of year $ 9,592 $ 11,680 New loans 7,786 5,199 Repayments (4,463 ) (7,287 ) Balance, end of year $ 12,915 $ 9,592 Letter of credit $ 1,663 $ -

REGULATORY MATTERS

REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2023
REGULATORY MATTERS [Abstract]
REGULATORY MATTERS	17. REGULATORY MATTERS Dividend Restrictions: The approval of the Federal Reserve Board (FRB) is required for the Bank to pay dividends to the Company if the total of all dividends declared in any calendar year exceeds the Bank’s net income (as defined) for that year combined with its retained net income for the preceding two Loans: The Bank is subject to regulatory restrictions which limit its ability to loan funds to the Company. At December 31, 2023, the Bank’s regulatory lending limit amounted to approximately $40,819,000. Regulatory Capital Requirements: Federal regulations require the Bank to maintain minimum amounts of capital. Specifically, the Bank is required to maintain certain minimum dollar amounts and ratios of Total, Tier I and Common Equity Tier I capital to risk-weighted assets and of Tier I capital to average total assets. In addition to the capital requirements, the Federal Deposit Insurance Corporation Improvement Act (FDICIA) established five capital categories ranging from “well capitalized” to “critically under-capitalized.” Should any institution fail to meet the requirements to be considered “adequately capitalized”, it would become subject to a series of increasingly restrictive regulatory actions. As permitted by applicable federal regulation, the Bank has opted to use the community bank leverage ratio (the “CBLR”) framework for determining its capital adequacy. Under the CBLR framework a qualifying community bank is considered well-capitalized if its leverage ratio (Tier 1 capital divided by average total consolidated assets) exceeds 9%. Following the passage of the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act in response to the COVID-19 pandemic, the federal banking regulators revised the CBLR framework as follows: (i) beginning in the second quarter of 2020, a qualifying community bank need only have a leverage ratio of at least 8%, subject to the other qualifying requirements, and (ii) if a qualifying community bank’s leverage ratio falls below 8%, then it will have two calendar quarters to maintain a leverage ratio of 7% or greater. These revisions under the CARES Act were effective April 23, 2020 terminated upon the earlier of the termination of the national emergency related to COVID-19 or December 31, 2020. Following such termination there is a grace period for returning to the 9% CBLR threshold. The CBLR was set at 8% for the remainder of 2020, 8.5% for 2021, and 9% thereafter. The grace period is also adjusted to account for the graduating increase. As a result, in 2020 and 2021, a qualifying community bank utilizing the grace period was required to maintain a CBLR of at least 7% and 7.5%, respectively. Thereafter, a qualifying community bank utilizing the grace period must maintain a CBLR of at least 8%. If a qualifying community bank fails to maintain the applicable minimum CBLR during the grace period, or if it is unable to restore compliance with the CBLR within the grace period, then it will revert to the Basel III capital framework and the normal Prompt Corrective Action capital categories will apply. At December 31, 2023, the Bank was considered “well-capitalized” under the CBLR framework, with a leverage ratio of 8. 54% as the Bank was in the grace period provided by the framework. The following table provides the Bank’s computed risk‑based capital ratios as of December 31, 2022, which reflects the Bank being well capitalized on that date (dollars in thousands): Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions 2022 Amount Ratio Amount Ratio Amount Ratio Total Capital (to Risk Weighted Assets): Company $ 238,966 12.87 % $ 148,567 8.00 % $ 185,709 10.00 % Bank $ 222,714 12.01 % $ 148,348 8.00 % $ 185,435 10.00 % Tier 1 Capital (to Risk Weighted Assets): Company $ 210,250 11.32 % $ 111,425 6.00 % $ 148,567 8.00 % Bank $ 203,998 11.00 % $ 111,261 6.00 % $ 148,348 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets): Company $ 202,750 10.92 % $ 83,569 4.50 % $ 120,711 6.50 % Bank $ 203,998 11.00 % $ 83,446 4.50 % $ 120,533 6.50 % Tier 1 Capital (to Average Assets): Company $ 210,250 9.03 % $ 93,161 4.00 % $ 116,451 5.00 % Bank $ 203,998 8.77 % $ 93,075 4.00 % $ 116,344 5.00 %

COMMITMENTS, CONTINGENT LIABILI

COMMITMENTS, CONTINGENT LIABILITIES, RISKS AND UNCERTAINTIES	12 Months Ended
	Dec. 31, 2023
COMMITMENTS, CONTINGENT LIABILITIES, RISKS AND UNCERTAINTIES [Abstract]
COMMITMENTS, CONTINGENT LIABILITIES, RISKS AND UNCERTAINTIES	18. COMMITMENTS, CONTINGENT LIABILITIES, RISKS AND UNCERTAINTIES The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate or liquidity risk in excess of the amount recognized in the consolidated balance sheet. Credit Extension Commitments The Company’s exposure to credit loss from nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual amount of these instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Financial instruments, whose contract amounts represent credit risk at December 31, 2023 and 2022, are as follows (in thousands): 2023 2022 Commitments to extend credit $ 546,006 $ 437,449 Standby letters of credit 18,682 15,972 $ 564,688 $ 453,421 Commitments to extend credit are legally binding agreements to lend to customers. Commitments generally have fixed expiration dates or other termination clauses and may require payment of fees. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future liquidity requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained if deemed necessary by the Company on extension of credit is based on management’s credit assessment of the counter party. Standby letters of credit are conditional commitments issued by the Company to guarantee a financial agreement between a customer and a third party. Performance letters of credit represent conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. These instruments are issued primarily to support bid or performance related contracts. The coverage period for these instruments is typically a one-year period with an annual renewal option subject to prior approval by management. Fees earned from the issuance of these letters are recognized during the coverage period. For secured letters of credit, the collateral is typically Bank deposit instruments or customer business assets. The Company also offers limited overdraft protection as a non-contractual courtesy which is available to demand deposit accounts in good standing for business, personal or household use. The non-contractual amount of financial instruments with off-balance sheet risk at December 31, 2023 was $13,121,000. The Company reserves the right to discontinue this service without prior notice. The allowance for credit losses for off-balance sheet commitments was $1,265,000 and $165,000 as of December 31, 2023 and 2022, respectively. Legal and Regulatory Proceedings In the ordinary course of business, the Company is subject to legal proceedings, including claims, litigation, investigations and administrative proceedings, all of which are considered incidental to the normal conduct of business. Litigation may relate to lending, deposit and other customer relationships, vendor and contractual issues, employee matters, intellectual property matters, personal injuries and torts, regulatory and legal compliance, and other matters. The Company believes it has substantial defenses to the claims asserted against it in its currently outstanding legal proceedings and, with respect to such legal proceedings, intends to defend itself vigorously. The Company assesses its liabilities and contingencies in connection with outstanding legal proceedings utilizing the latest information available. Where it is probable that the Company will incur a loss and the amount of the loss can be reasonably estimated, the Company records a liability in its consolidated financial statements. These legal reserves may be increased or decreased to reflect any relevant developments. Where a loss is not probable or the amount of a probable loss is not reasonably estimable, the Company does not accrue legal reserves. Additionally, for those matters where a loss is reasonably possible and the amount of loss is reasonably estimable, the Company estimates the amount of losses that it could incur beyond the accrued legal reserves. Under U.S. GAAP, an event is “reasonably possible” if “the chance of the future event or events occurring is more than remote but less than likely” and an event is “remote” if “the chance of the future event or events occurring is slight.” While the outcome of legal proceedings and the timing of the ultimate resolution are inherently difficult to predict, based on information currently available, advice of counsel and available insurance coverage, the Company believes that it has established adequate legal reserves. Further, based upon available information, the Company is of the opinion that these legal proceedings, individually or in the aggregate, will not have a material adverse effect on the Company’s financial condition or results of operations. However, in the event of unexpected future developments, it is reasonably possible that an adverse outcome in any of the matters discussed above could be material to the Company’s business, consolidated financial position, results of operations or cash flows for any particular reporting period of occurrence.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2023
DERIVATIVE FINANCIAL INSTRUMENTS [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	19. DERIVATIVE FINANCIAL INSTRUMENTS The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its assets and liabilities and through the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to certain variable rate borrowings. Cash Flow Hedges of Interest Rate Risk The Company’s objectives in using interest rate derivatives are to add stability to interest income and expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company has entered into interest rate swaps as part of its interest rate risk management strategy. These interest rate swaps are designated as cash flow hedges and involve the receipt of variable rate amounts from a counterparty in exchange for the Company making fixed interest payments. As of December 31, 2023, and 2022, the Company had six interest rate swaps with a notional of $50.5 million associated with the Company’s cash outflows associated with various floating-rate amounts. For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income (outside of earnings), net of tax, and subsequently reclassified to earnings when the hedged transaction affects earnings, and the ineffective portion of changes in the fair value of the derivative is recognized directly in earnings. The Company assesses the effectiveness of each hedging relationship by comparing the changes in cash flows of the derivative hedging instrument with the changes in cash flows of the designated hedged transactions. The Company did not recognize any hedge ineffectiveness in earnings during the periods ended December 31, 2023 and 2022. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate liabilities. Customer Swaps The Company also enters into derivative contracts, which consist of interest rate swaps, to facilitate the needs of customers desiring to manage interest rate risk. These swaps are not designated as accounting hedges under ASC 815, Derivatives and Hedging. In order to economically hedge the interest rate risk associated with offering this product, the Company simultaneously enters into derivative contracts with third parties to offset the customer contracts, such that the Company minimizes its net risk exposure resulting from such transactions. The derivative contracts are structured such that the notional amounts decrease over time to generally match the expected amortization of the underlying loans. These derivatives are not speculative and arise from a service provided to customers. The Company utilizes a loan hedging program to accommodate clients preferring a fixed rate loan. The loan documents include an addendum with a zero premium collar. The zero premium collar is a cap and floor at the same interest rate, resulting in a fixed rate to the borrower. To hedge this embedded option, the Company enters into a dealer facing trade exactly mirroring the terms of the loan addendum. At December 31, 2023, the Company had interest rate swaps related to this program with an aggregate notional amount of $69.5 million. Mortgage Banking Derivatives To Be Announced Securities To be announced securities (“TBAs”) are “forward delivery” securities considered derivative instruments under derivatives and hedging accounting guidance. The Company utilizes TBAs to protect against the price risk inherent in derivative loan commitments. TBAs are valued based on forward dealer marks from the Company’s approved counterparties. The Company utilizes a third-party market pricing service, which compiles current prices for instruments from market sources and those prices represent the current executable price. TBAs are recorded at fair value on the consolidated statements of financial condition in mortgage banking derivatives or other liabilities with changes in fair value recorded as a gain (loss) from hedging instruments in non-interest income in the Consolidated Statements of Income. The fair value of the Company’s derivative instruments, other than IRLCs, that are measured at fair value on a recurring basis is determined by utilizing quoted prices from dealers in such securities or third-party models utilizing observable market inputs. Interest Rate Lock Commitments Interest rate loan commitments known as IRLCs that relate to the origination of mortgages that will be held for sale upon funding are considered derivative instruments under the derivatives and hedging accounting guidance FASB ASC 815, Derivatives and Hedging. IRLCs are recognized at fair value on the consolidated statements of financial condition as mortgage banking derivatives or as other liabilities with changes in their fair values recorded as a gain (loss) from hedging instruments in non-interest income in the Consolidated Statements of Income. Forward Loan Sales Commitments Outstanding IRLCs are subject to interest rate risk and related price risk during the period from the date of issuance through the date of loan funding, cancellation or expiration. IRLC generally range between 30 and 90 days; however, the borrower is not obligated to obtain the loan. The Company is subject to fallout risk related to IRLCs, which is realized if approved borrowers choose not to close on the loans within the terms of the IRLCs. Forward loan sales commitments are recognized at fair value on the Consolidated Statements of Financial Condition as mortgage banking derivatives or as other liabilities with changes in their fair values recorded as a gain (loss) from hedging instruments in non-interest income in the Consolidated Statements of Income. Counterparty Credit Risk As a result of its derivative contracts, the Company is exposed to credit risk. Specifically, approved counterparties and exposure limits are defined. On at least an annual basis, the customer derivative contracts and related counterparties are evaluated for credit risk with an adjustment made to the contracts fair value. In accordance with the interest rate agreements with derivative dealers, the Company may be required to post margin to these counterparties. At December 31, 2023, the Company has required collateral with certain of its derivative counterparties in the amount of $13.0 million and was holding $10.9 million of collateral from derivative counterparties. The following table reflects the estimated fair value positions of derivative contracts as of December 31, 2023 and 2022: Derivatives designated as hedging instruments under ASC 815 (in thousands): Fair Value December 31, Third party interest rate swaps Balance Sheet Location Notional Amount Interest rate Paid Interest rate Received 2023 2022 Maturing in 2025 Fair value of derivative instruments - asset $ 15,000 Fixed - 0.57% Compounded Overnight SOFR + 26.161 $ 887 $ 1,269 Maturing in 2027 Fair value of derivative instruments - asset 10,000 Fixed - 0.65% Compounded Overnight SOFR + 26.161 1,009 1,324 Maturing in 2027 Fair value of derivative instruments - asset 7,500 Fixed - 3.57% Compounded Overnight SOFR + 26.161+280 764 995 Maturing in 2027 Fair value of derivative instruments - asset 6,000 Fixed - 0.61% Compounded Overnight SOFR + 26.161 630 822 Maturing in 2029 Fair value of derivative instruments - asset 6,000 Fixed - 0.72% Compounded Overnight SOFR + 26.161 894 1,065 Maturing in 2032 Fair value of derivative instruments - asset 6,000 Fixed - 0.82% Compounded Overnight SOFR + 26.161 1,257 1,398 $ 50,500 $ 5,441 $ 6,873 Derivatives not designated as hedging instruments under ASC 815 (in thousands): December 31, 2023 December 31, 2022 Interest Rate Products Balance Sheet Location Notional Amount Fair Value Notional Amount Fair Value Zero Premium Collar (Fair value of derivative instruments - liability) $ 69,462 $ (7,922 ) $ 71,776 $ (9,726 ) IRLCs Fair value of derivative instruments - asset 21,225 324 - - Dealer Offset to Zero Premium Collar Fair value of derivative instruments - asset 69,462 7,922 71,776 9,726 The following table presents the effect of the Company’s cash flow hedge accounting on Accumulated Other Comprehensive Income for the years ended December 31, 2023 and 2022 (in thousands): The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income Amount of (Loss) Gain Recognized in OCI on Derivatives Location of Gain Reclassified from Accumulated OCI Amount of (loss) gain reclassified from Accumulated OCI into income Year Ended December 31, Year Ended December 31, Derivatives in Hedging relationships 2023 2022 2023 2022 Interest rate Products $ (1,431 ) $ 4,963 Interest Expense $ 2,203 $ 145

LEASES

LEASES	12 Months Ended
	Dec. 31, 2023
LEASES [Abstract]
LEASES	20. LEASES A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant or equipment for a period of time in exchange for consideration. On January 1, 2019, the Company adopted ASU No. 2016-02 “Leases” (Topic 842) Lessee Accounting Substantially all of the leases in which the Company is the lessee are comprised of real estate property for branches with terms extending through 2039. All of the Company’s leases are classified as operating leases, and therefore, were previously not recognized on the Company’s Consolidated Balance Sheet. With the adoption of Topic 842, operating lease agreements are required to be recognized on the consolidated statements of condition as right-of-use (“ROU”) assets and corresponding lease liabilities. The following table represents the Consolidated Balance Sheet classification of the Company’s ROU assets and lease liabilities (in thousands). The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), on the Consolidated Balance Sheet. Balance at December 31, Lease Type 2023 2022 Affected line item on the Consolidated Balance Sheet Right of Use Assets Operating $ 11,116 $ 4,987 Other Assets Lease Liabilities: Operating $ 11,188 $ 5,016 Other Liabilities The calculated amount of the ROU assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception, the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. For operating leases existing prior to January 1, 2019, the rate for the remaining lease term as of January 1, 2019 was used. For leases obtained as of the HVBC acquisition, the rate for the remaining lease term as of June 16, 2023 was used. The following table displays the weighted average remaining lease term and the weighted average discount rate for the Company’s operating leases outstanding as of December 31, 2023: Operating Weighted average term (years) 8.85 Weighted average discount rate 4.13 % The following table represents lease costs and other lease information for the years ended December 31, 2023, 2022, and 2021, respectively (in thousands). As the Company elected not to separate lease and non-lease components and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance and utilities. December 31, Lease Cost 2023 2022 2021 Operating lease cost $ 1,400 $ 728 $ 676 Variable lease cost 177 64 63 Total lease cost $ 1,577 $ 792 $ 739 Future minimum payments for operating leases with initial or remaining terms of one year or more as of December 31, 2023 along with a reconciliation to the discounted amount recorded on the December 31, 2023 Consolidated Balance Sheet (in thousands): Undiscounted cash flows due within Operating 2024 1,785 2025 1,671 2026 1,621 2027 1,624 2028 1,537 2029 5,406 Total undiscounted cash flows 13,644 Impact of present value discount 2,456 Amount reported on balance sheet $ 11,188

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2023
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	21. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company established a hierarchal disclosure framework associated with the level of pricing observability utilized in measuring assets and liabilities at fair value. The three broad levels defined by this hierarchy are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities include items for which quoted prices are available but traded less frequently, and items that are fair valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way markets and are measured using management’s best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality, the Company’s creditworthiness, among other things, as well as unobservable parameters. Any such valuation adjustments are applied consistently over time. Our valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Transfers between levels of the fair value hierarchy are recognized on the actual date of the event or circumstances that caused the transfer, which generally coincides with the Company’s monthly and/or quarterly valuation process. Assets and Liabilities Required to be Measured at Fair Value on a Recurring Basis The fair values of equity securities and securities available for sale are determined by quoted prices in active markets, when available, and classified as Level I. If quoted market prices are not available, the fair value is determined by a matrix pricing, which 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 and classified as Level II. The fair values consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things. The following tables present the assets reported on the consolidated balance sheet at their fair value on a recurring basis as of December 31, 2023 and 2022 (in thousands) by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. 2023 Level I Level II Level III Total Fair value measurements on a recurring basis: Assets Equity securities $ 1,938 $ - $ - $ 1,938 Available for sale securities: U.S. Agency securities - 60,771 - 60,771 U.S. Treasuries securities 143,288 - - 143,288 Obligations of state and political subdivisions - 101,787 - 101,787 Corporate obligations - 12,403 - 12,403 Mortgage-backed securities in government sponsored entities - 99,352 - 99,352 Other Assets Derivative instruments - 13,363 324 13,687 Liabilities Derivative instruments - (7,922 ) - (7,922 ) 2022 Level I Level II Level III Total Fair value measurements on a recurring basis: Assets Equity securities $ 2,208 $ - $ - $ 2,208 Available for sale securities: U.S. Agency securities - 70,677 - 70,677 U.S. Treasuries securities 148,570 - - 148,570 Obligations of state and political subdivisions - 110,300 - 110,300 Corporate obligations - 9,383 - 9,383 Mortgage-backed securities in government sponsored entities - 100,576 - 100,576 Other Assets Derivative instruments - 16,599 - 16,599 Liabilities Derivative instruments - (9,726 ) - (9,726 ) The following tables represent assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) at December 31, 2023: Level 3 IRLC - Asset IRLC - Liability Beginning Balance: June 16, 2023 $ 657 $ - Total gains (losses) (unrealized): Included in other comprehensive loss - - Total (loss) gains included in earnings and held at reporting date (333 ) - Purchases, sales and settlements - - Transfers out of Level 3 - - Ending Balance December 31, 2023 $ 324 $ - Change in unrealized (losses) gains for the period included in earnings (or changes in net assets) for assets held as of December 31, 2023 $ (333 ) - Change in unrealized losses for the period included other comprehensive loss for assets held as of December 31, 2023 $ - - At December 31, 2023, the Company has classified $324,000 of net derivative assets related to IRLC as Level 3. The fair value of IRLCs is based on prices obtained for loans with similar characteristics from third parties, adjusted by the pull-through rate, which represents the Company’s best estimate of the probability that a committed loan will fund. At December 31, 2023, the weighted average pull-through rates applied ranged from 63.6% to 94.2%. Significant unobservable inputs for assets and liabilities measured at fair value on a recurring basis at December 31, 2023: Quantitative Information about Level 3 Fair Value Measurements 2023 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Measured at Fair Value on a Recurring Basis: Net derivative asset and liability: IRLC 324 Discounted cashflows Pull-though rates 63.63%-94.24 % 85.43 % Financial Instruments, Non-Financial Assets and Non-Financial Liabilities Recorded at Fair Value on a Nonrecurring Basis The Company may be required, from time to time, to measure certain financial assets, financial liabilities, non-financial assets and non-financial liabilities at fair value on a nonrecurring basis in accordance with U.S. generally accepted accounting principles. These include assets that are measured at the lower of cost or market value that were recognized at fair value below cost at the end of the period. Certain non-financial assets measured at fair value on a non-recurring basis include foreclosed assets (upon initial recognition or subsequent impairment), non-financial assets and non-financial liabilities measured at fair value in the second step of a goodwill impairment test, and intangible assets and other non-financial long-lived assets measured at fair value for impairment assessment. Non-financial assets measured at fair value on a non-recurring basis during 2023 and 2022 include certain foreclosed assets which, upon initial recognition, were remeasured and reported at fair value through a charge-off to the allowance for possible credit losses and certain foreclosed assets which, subsequent to their initial recognition, were remeasured at fair value through a write-down included in other non-interest expense. Assets measured at fair value on a nonrecurring basis as of December 31, 2023 and 2022 (in thousands) are included in the table below: 2023 Level I Level II Level III Total Collateral-dependent loans $ - $ - $ 3,885 $ 3,885 Other real estate owned - - 97 97 2022 Level I Level II Level III Total Impaired loans $ - $ - $ 496 $ 496 Other real estate owned - - 297 297 • Collateral-Dependent Loans (in accordance with ASC 326) - The Company records nonrecurring adjustments of collateral-dependent loans held for investment. Such amounts are generally based on the fair value of the underlying collateral supporting the loan. Appraisals are generally obtained to support the fair value of the collateral and incorporate measures that include recent sales prices for comparable properties and cost of construction. Periodically, in cases where the carrying value exceeds the fair value of the collateral less cost to sell, an impairment charge is recognized in the form of a charge-off. • Impaired Loans (in accordance with ASC 310 - • Other Real Estate Owned The following table provides a listing of the significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques (dollars in thousands). 2023 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Collateral-dependent loans 3,885 Appraised Collateral Values Discount for time since appraisal 0-100% 29.32% Selling costs 8%-12% 10.20% Holding period 3 - 12 months 6.65 months Other real estate owned 97 Appraised Collateral Values Discount for time since appraisal 32% 32.00% 2022 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Impaired loans 496 Appraised Collateral Values Discount for time since appraisal 0-100% 25.16% Selling costs 8%-10% 8.41% Holding period 6 - 12 months 11.51 months Other real estate owned 297 Appraised Collateral Values Discount for time since appraisal 20-84% 39.84% Financial Instruments Not Required to be Measured or Reported at Fair Value The carrying amount and fair value of the Company’s financial instruments that are not required to be measured or reported at fair value on a recurring basis are as follows (in thousands): December 31, 2023 Carrying Amount Fair Value Level I Level II Level III Financial assets: Interest bearing time deposits with other banks $ 4,070 $ 4,070 $ - $ - $ 4,070 Loans held for sale 9,379 9,379 - - 9,379 Net loans 2,227,683 2,126,237 - - 2,126,237 Financial liabilities: Deposits 2,321,481 2,315,374 1,902,007 - 413,367 Borrowed funds 322,036 313,217 - - 313,217 December 31, 2022 Carrying Amount Fair Value Level I Level II Level III Financial assets: Interest bearing time deposits with other banks $ 6,055 $ 6,055 $ - $ - $ 6,055 Loans held for sale 725 725 - - 725 Net loans 1,706,447 1,662,514 - - 1,662,514 Financial liabilities: Deposits 1,844,208 1,832,037 1,566,517 - 265,520 Borrowed funds 257,278 246,288 - - 246,288 Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions can significantly affect the estimates. Estimated fair values have been determined by the Company using historical data, as generally provided in the Company’s regulatory reports, and an estimation methodology suitable for each category of financial instruments. The carrying amounts for cash and cash equivalents, bank owned life insurance, regulatory stock, accrued interest receivable and payable approximate fair value and are considered Level I measurements.

CONDENSED FINANCIAL INFORMATION

CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY	12 Months Ended
	Dec. 31, 2023
CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY [Abstract]
CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY	22. CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY The following is condensed financial information for Citizens Financial Services, Inc.: CITIZENS FINANCIAL SERVICES, INC. CONDENSED BALANCE SHEET December 31, (in thousands) 2023 2022 Assets: Cash $ 1,685 $ 13,490 Investments 1,780 2,116 Investment in subsidiary: First Citizens Community Bank 313,381 200,610 Other assets 2,891 2,291 Total assets $ 319,737 $ 218,507 Liabilities: Other liabilities $ 1,066 $ 968 Borrowed funds 39,005 17,392 Total liabilities 40,071 18,360 Stockholders’ equity 279,666 200,147 Total liabilities and stockholders’ equity $ 319,737 $ 218,507 CITIZENS FINANCIAL SERVICES, INC. CONDENSED STATEMENT OF INCOME Year Ended December 31, (in thousands) 2023 2022 2021 Dividends from: Bank subsidiary $ 13,213 $ 8,331 $ 8,994 Equity securities 113 114 104 Interest income 20 6 - Total income 13,346 8,451 9,098 Realized securities gains (losses) (209 ) (219 ) 284 Expenses 3,130 1,307 1,008 Income before equity in undistributed earnings of subsidiary 10,007 6,925 8,374 Equity in undistributed earnings - First Citizens Community Bank 7,804 22,135 20,744 Net income $ 17,811 $ 29,060 $ 29,118 Comprehensive income (loss) $ 26,041 $ (3,926 ) $ 26,376 CITIZENS FINANCIAL SERVICES, INC. STATEMENT OF CASH FLOWS Year Ended December 31, (in thousands) 2023 2022 2021 Cash flows from operating activities: Net income $ 17,811 $ 29,060 $ 29,118 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiaries (7,804 ) (22,135 ) (20,744 ) Investment securities losses (gains), net 209 219 (284 ) Other, net (206 ) 240 543 Net cash provided by operating activities 10,010 7,384 8,633 Cash flows from investing activities: Purchases of equity securities - (218 ) - Proceeds from the sale of equity securities 127 33 - Investment in subsidiaries (15,000 ) - - Acquisition of HVB (10,780 ) - - Net cash used in investing activities (25,653 ) (185 ) - Cash flows from financing activities: Cash dividends paid (8,503 ) (7,588 ) (7,383 ) Issuance of subordinated debt - - 9,869 Issuance of short-term debt 12,572 - - Purchase of treasury stock (265 ) (1,279 ) (1,374 ) Sale of treasury stock to employee stock purchase plan 34 112 - Purchase of restricted stock - - - Net cash provided by (used in) financing activities 3,838 (8,755 ) 1,112 Net decrease in cash (11,805 ) (1,556 ) 9,745 Cash at beginning of year 13,490 15,046 5,301 Cash at end of year $ 1,685 $ 13,490 $ 15,046

INSIDER TRADING ARRANGEMENTS

INSIDER TRADING ARRANGEMENTS	3 Months Ended
	Dec. 31, 2023
Insider Trading Arrangements [Line Items]
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

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Basis of Presentation	Basis of Presentation The financial statements are consolidated to include the accounts of the Company, and its subsidiary CZFS, and its st
Use of Estimates	Use of Estimates In preparing the financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses for the period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change relate to determination of the allowance for credit losses, goodwill, derivatives, pension
Operating Segments	Operating Segments An operating segment is defined as a component of an enterprise that engages in business activities that generates revenue and incurs expense, and the operating results of which are reviewed by the chief operating decision maker in the determination of resource allocation and performance. While the Company’s chief decision makers monitor the revenue streams of the various Company’s products, services and regions, operations are managed and financial performance is evaluated on a Company-wide basis. Consistent with our internal reporting, the Company’s business activities are reported as one segment, which is community banking.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash equivalents include cash on hand, deposits in banks and interest-earning deposits. Interest-earning deposits with original maturities of 90 days or less are considered cash equivalents. Interest bearing time deposits with other banks are not included with cash and cash equivalents as the original maturities were greater than 90 days.
Investment Securities	Investment Securities Investment securities at the time of purchase are classified as one of the three following types: Held-to-Maturity Securities Trading Securities Available-for-Sale Securities This category included debt securities not classified as held-to-maturity or trading securities that will be held for indefinite periods of time. These securities may be sold in response to changes in market interest or prepayment rates, needs for liquidity and changes in the availability of and yield of alternative investments. Such securities are reported at fair value, with unrealized holding gains and losses excluded from earnings and reported as a separate component of stockholders’ equity, net of the estimated income tax effect The amortized cost of investment in debt securities is adjusted for amortization of premiums and accretion of discounts, computed by a method that results in a level yield. Gains and losses on the sale of investment securities are computed on the basis of specific identification of the adjusted cost of each security. The fair value of investments, except certain state and municipal securities, is based on bid prices published in financial newspapers or bid quotations received from securities dealers. The fair value of certain state and municipal securities is not readily available through market sources other than dealer quotations, so fair value is based on quoted market prices of similar instruments, adjusted for differences between the quoted instruments and the instruments being valued. Allowance for Credit Losses (Debt Securities Available-for Sale) For available-for-sale debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For debt securities available-for-sale that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the allowance when management confirms that an available-for-sale security is uncollectable or when either of the criteria regarding intent or requirement to sell is met. As of December 31, 2023, the Company determined that the unrealized loss positions in available-for-sale debt securities were not the result of credit losses, and therefore, an allowance for credit losses was not recorded. See Note 5, “Investment Securities,” and Note 21, “Fair Value of Financial Instruments,” for more information about available-for-sale debt securities. Accrued interest receivable on available-for-sale debt securities totaled $2,202,000 at December 31, 2023 and is included within accrued interest receivable on the consolidated balance sheet. This amount is excluded from the estimate of expected credit losses. Available-for-sale debt securities are typically classified as nonaccrual when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about the further collectability of principal or interest. When available-for-sale debt securities are placed on nonaccrual status, unpaid interest credited to income is reversed. Equity Securities This category includes common stocks of public companies. Such securities are reported at fair value with unrealized holding gains and losses included in earnings Restricted Stock
Loans Held for Sale	Loans Held for Sale Certain newly originated fixed-rate residential mortgage loans are classified as held for sale, because it is management’s intent to sell these residential mortgage loans. The residential mortgage loans held for sale are carried at the lower of aggregate cost or fair value.
Loans	Loans Interest on all loans is recognized on the accrual basis based upon the principal amount outstanding. The accrual of interest income on loans is discontinued when, in the opinion of management, doubt exists as to the ability to collect such interest. Payments received on non-accrual loans are applied to the outstanding principal balance or recorded as interest income, depending upon our assessment of our ultimate ability to collect principal and interest. Loans are returned to the accrual status when factors indicating doubtful collectability cease to exist. The Company recognizes nonrefundable loan origination fees, SBA fees and certain direct loan origination costs over the life of the related loan as an adjustment of loan yield using the interest method.
Purchased Credit Deteriorated ("PCD") Loans	Purchased Credit Deteriorated (“PCD”) Loans The Company has purchased loans, some of which have experienced more than insignificant credit deterioration since origination. PCD loans are recorded at the amount paid. An allowance for credit losses is determined using the same methodology as other loans held for investment. The initial allowance for credit losses determined on a collective basis is allocated to individual loans. The sum of the loan’s purchase price and allowance for credit losses becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a noncredit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the allowance for credit losses are recorded through provision expense.
Allowance for Credit losses - Loans	Allowance for Credit Losses - Loans The allowance for credit losses on loans represents management’s estimate of expected credit losses over the estimated life of our existing portfolio of loans. The allowance for credit losses is a valuation account that is deducted from the loan’s amortized cost basis to present the net amount expected to be collected on the loans. The expense for credit loss recorded through earnings is the amount necessary to maintain the allowance for credit losses on loans at the amount of expected credit losses inherent within the loan portfolio. Loans are recorded as charge-offs against the allowance when management confirms a loan balance is uncollectable. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. Management estimates the allowance balance using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts, and other significant qualitative and quantitative factors. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, changes in environmental conditions, delinquency level, segment growth rates and changes in duration within new markets, or other relevant factors. For further information on the allowance for credit losses on loans, see Note 6, “Loans,” for additional detail. The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist. The Company has segregated its portfolio segments based on federal call report codes which classify loans based on the primary collateral supporting the loan. The following are the Company’s segmented portfolios: Residential Real Estate: The Bank originates residential mortgage and home equity loans primarily in its various market areas in Pennsylvania, New York and Delaware. These loans are secured by first and junior liens on a primary residence or investment property. The primary risk characteristics associated with residential loans typically involve major changes to the borrower, including unemployment or other loss of income; unexpected significant expenses, such as major medical expenses, catastrophic events, divorce or death. Residential loans that have adjustable rates could expose the borrower to higher payments in a rising interest rate environment. Real estate values could decrease and cause the value of the underlying property to fall below the loan amount, creating additional potential loss exposure for the Bank. Commercial Real Estate: The Bank originates mortgage loans to operating companies primarily in its various market areas in Pennsylvania, New York and Delaware. The property maybe owner-occupied or non-owner-occupied real estate properties and include retail buildings/shopping centers, hotels, office/medical buildings and industrial/warehouse space. Owner-occupied loans are typically repaid first by the cash flows generated by the borrower’s business operations. The primary risk characteristics are specific to the underlying business and its ability to generate sustainable profitability and positive cash flow. Factors that may influence a borrower’s ability to repay their loan include demand for the business’ products or services, the quality and depth of management, the degree of competition, regulatory changes, and general economic conditions. Increases in vacancy rates, interest rates or other changes in general economic conditions can have an impact on the borrower and its ability to repay the loan. Commercial real estate loans are generally considered to have a higher degree of credit risk as they may be dependent on the ongoing success and operating viability of a fewer number of tenants who are occupying the property and who may have a greater degree of exposure to economic conditions. Agricultural Real Estate: The Bank originates loans secured by farmland and improvements thereon, secured by mortgages primarily in its various market areas in Pennsylvania, New York and Delaware. Farmland includes all land known to be used or usable for agricultural purposes, such as crop and livestock production. Farmland also includes grazing or pasture land, whether tillable or not and whether wooded or not. The primary risk characteristics are specific to the uncertainty on production, market, financial, environmental and human resources. Construction: The Bank originates construction loans to finance land development preparatory to erecting new structures or the on-site construction of residential, industrial, commercial, or multi-family buildings, primarily in its various market areas in Pennsylvania, New York and Delaware. Construction loans include not only construction of new structures, but also additions or alterations to existing structures and the demolition of existing structures to make way for new structures. Construction loans are generally secured by real estate. The primary risk characteristics are specific to the uncertainty on whether the construction will be completed according to the specifications and schedules. Factors that may influence the completion of construction may be customer specific, such as the quality and depth of property management, or related to changes in general economic conditions. Consumer: The Bank originates loans to individuals for household, family, and other personal expenditures, which may include automobile loans and loans for college. Consumer loans generally have higher interest rates and shorter terms than residential loans but tend to have higher credit risk due to the type of collateral securing the loan or in some cases the absence of collateral. The primary risk characteristics associated with other consumer loans typically involve major changes to the borrower, including unemployment or other loss of income, unexpected significant expenses, such as for major medical expenses, catastrophic events, divorce or death. Other Commercial Loans: The Bank originates lines of credit and term loans to operating companies for business purposes. The loans are generally secured by business assets such as accounts receivable, inventory, business vehicles and equipment as well as other assets of the business, or guarantors. Other commercial loans are typically repaid first by the cash flows generated by the borrower’s business operations. The primary risk characteristics are specific to the underlying business and its ability to generate sustainable profitability and positive cash flow. Factors that may influence a borrower’s ability to repay their loan include demand for the business’ products or services, the quality and depth of management, the degree of competition, regulatory changes, and general economic conditions. The ability of the Bank to foreclose and realize sufficient value from business assets securing these loans is often uncertain. To mitigate the risk characteristics of commercial and industrial loans, commercial real estate may be included as a secondary source of collateral. The Bank will often require more frequent reporting requirements from the borrower in order to better monitor its business performance. Other Agricultural Loans: The Bank originates loans secured or unsecured to farm owners and operators (including tenants) or to nonfarmers for the purpose of financing agricultural production, including the growing and storing of crops, the marketing or carrying of agricultural products by the growers thereof, and the breeding, raising, fattening, or marketing of livestock, and for purchases of farm machinery, equipment, and implements. The primary risk characteristics are specific to the uncertainty on production, market, financial, environmental and human resources. State and Political Subdivision Loans: The Bank originates various types of loans made directly to municipalities. These loans are repaid through general cash flows or through specific revenue streams, such as water and sewer fees. The primary risk characteristics associated with municipal loans are the municipality’s ability to manage cash flow, balance the fiscal budget, fixed asset and infrastructure requirements. Additional risks include changes in demographics, as well as social and political conditions. Methods utilized by management to estimate expected credit losses include a discounted cash flow (“DCF”) model that discounts instrument-level contractual cash flows, adjusted for prepayments and curtailments, incorporating loss expectations. Management estimates the allowance for credit losses on loans using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. After the end of the reasonable and supportable forecast period, the loss rates revert to the mean loss rate over a period of eight quarters. Historical credit loss experience, including examination of loss experience at representative peer institutions when the Company’s loss history does not result in estimations that are meaningful to users of the Company’s Consolidated Financial Statements, provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, changes in environmental conditions, delinquency level, segment growth rates and changes in duration within new markets, or other relevant factors. The DCF model uses inputs of current and forecasted macroeconomic indicators to predict future loss rates. The current macroeconomic indicators utilized by the Company are federal unemployment rates, national gross domestic production and national housing price index. In building the CECL methodology utilized in the DCF model, a correlation between this indicator and historic loss levels was developed, enabling a prediction of future loss rates related to future Federal unemployment rates and national gross domestic production and national housing price index. Loans that do not share risk characteristics are evaluated on an individual basis. Loans evaluated individually are not also included in the collective evaluation and typically represent collateral dependent loans but may also include other nonperforming loans. The Company uses the practical expedient to measure individually evaluated loans as collateral dependent and/or when repayment is expected to be provided substantially through the operation or sale of the collateral. Expected credit losses are based on the fair value at the reporting date, adjusted for selling costs as appropriate. For collateral dependent loans, credit loss is measured as the difference between the amortized cost basis in the loan and the fair value of the underlying collateral. The fair value of the collateral is adjusted for the estimated cost to sell if repayment or satisfaction of a loan is dependent on the sale (rather than only on the operation) of the collateral. Accrued interest receivable on loans held for investment totaled $8,512,000 at December 31, 2023 and is included within Accrued interest receivable
Allowance for Credit Losses on Off-Balance Sheet Credit Exposures	Allowance for Credit Losses on Off-Balance Sheet Credit Exposures Management estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Management estimates the amount of expected losses by calculating a commitment usage factor over the contractual period for exposures that are not unconditionally cancellable by the Bank and applying the loss factors used in the allowance for credit losses on loans methodology to the results of the usage calculation to estimate the liability for credit losses related to unfunded commitments for each loan segment. The estimate of credit losses on OBS credit exposures is $1,265,000 and $165,000 at December 31, 2023 and 2022, respectively, and was reported in accrued interest payable and other liabilities on the consolidated balance sheets.
Loan Charge-off Policies	Loan Charge-off Policies Consumer loans are generally fully or partially charged down to the fair value of collateral securing the asset when the loan is 180 days past due for open-end loans or 120 days past due for closed-end loans unless the loan is well secured and in the process of collection. All other loans are generally charged down to the net realizable value when the loan is 90 days past due.
Collateral-Dependent Loans	Collateral-Dependent Loans A financial asset is considered collateral-dependent when the debtor is experiencing financial difficulty and repayment is expected to be provided substantially through the sale or operation of the collateral. For all classes of loans and leases deemed collateral-dependent, the Company elected the practical expedient to estimate expected credit losses based on the collateral’s fair value less cost to sell. In most cases, the Company records a partial charge-off to reduce the loan’s carrying value to the collateral’s fair value less cost to sell. Substantially all of the collateral consists of various types of real estate including residential properties; commercial properties such as retail centers, office buildings, and lodging; agriculture land; and vacant land.
Loans to Borrowers Experiencing Financial Difficulty	Loans to Borrowers Experiencing Financial Difficulty A loan is classified as a modified loan to a borrower experiencing financial difficulty when a contractual loan modification in the form of principal forgiveness, an interest rate reduction, an other-than-significant payment delay or a term extension (or a combination thereof) has been granted to an existing borrower experiencing financial difficulties. The goal when modifying a credit is to establish a reasonable period of time to provide cash flow relief to customers experiencing cash flow difficulties. Accruing modified loans to borrowers experiencing financial difficulty are primarily comprised of loans on which interest is being accrued under the modified terms, and the loans are current or less than 90 days past due.
Foreclosed Assets Held For Sale	Foreclosed Assets Held For Sale Foreclosed assets acquired in settlement of loans are carried at fair value, less estimated costs to sell. Prior to foreclosure, as the value of the underlying loan is written down to fair market value of the real estate or other assets to be acquired by a charge to the allowance for credit losses, if necessary. Any subsequent write-downs are charged against operating expenses. Operating expenses of such properties, net of related income and losses on disposition, are included in other expenses and gains and losses are included in other non-interest income or other non-interest expense.
Premises and Equipment	Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost, less accumulated depreciation. Depreciation expense is computed on straight line and accelerated methods over the estimated useful lives of the assets, which range from 3 to 15 years for furniture, fixtures and equipment and 5 to 40 years for building premises. Repair and maintenance expenditures which extend the useful life of an asset are capitalized and other repair expenditures are expensed as incurred. When premises or equipment are retired or sold, the remaining cost and accumulated depreciation are removed from the accounts and any gain or loss is credited to income or charged to expense, respectively. The Company has operating leases for several branch locations. Generally, the underlying lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company may also lease certain office equipment under operating leases. Many of our leases include both lease (e.g., minimum rent payments) and non-lease components (e.g., common-area or other maintenance costs). The Company accounts for each component separately based on the standalone price of each component. In addition, there are several operating leases with lease terms of less than one year and therefore, we have elected the practical expedient to exclude these short-term leases from our right of use (ROU) assets and lease liabilities. Most leases include one or more options to renew. The exercise of lease renewal options is typically at the sole discretion of management and is based on whether the extension options are reasonably certain to be exercised after considering all facts and circumstances of the lease. If management determines that the Company is reasonably certain to exercise the extension option(s), the additional term is included in the calculation of the lease liability. As most of our leases do not provide an implicit rate, we use the fully collateralized FHLB borrowing rate, commensurate with the lease terms based on the information available at the lease commencement date in determining the present value of the lease payments.
Intangible Assets	Intangible Assets Intangible assets, other than goodwill, include core deposit intangibles and mortgage servicing rights (MSRs). Core deposit intangibles are a measure of the value of consumer demand and savings deposits acquired in business combinations accounted for as purchases The Company recognizes mortgage servicing rights as assets when mortgage loans are sold and the rights to service those loans are retained. Mortgage servicing rights are initially recorded at fair value by using discounted cash flows to calculate the present value of estimated future net servicing income. The Company accounts for the mortgage servicing rights under the amortization method. The mortgage servicing rights are initially recorded at fair value and amortized in proportion to the estimated expected future net servicing income generated from servicing the loan. The mortgage servicing rights are evaluated for impairment by estimating the fair value of the mortgage servicing rights and comparing that value to the carrying amount. The Company obtains a third-party valuation to assist with estimating of the fair value of the mortgage servicing rights. A valuation allowance would be established if the carrying amount of these mortgage servicing rights exceeds fair value.
Goodwill	Goodwill The Company utilizes a two-step process for testing the impairment of goodwill on at least an annual basis. This approach could cause more volatility in the Company’s reported net income because impairment losses, if any, could occur irregularly and in varying amounts. The Company may also perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying value. Based on the fair value of the reporting unit, no impairment of goodwill was recognized in 2023, 2022 and 2021.
Bank Owned Life Insurance	Bank Owned Life Insurance The Company has purchased life insurance policies on certain employees. Any death benefits received from a policy while the insured person is an active employee of the Bank will be split with the beneficiary of the policy. Under these agreements, the Bank receives the cash surrender value of the policy the benefit in excess of the cash surrender value and the remaining amount of the payout will be given to the beneficiary named by the insured person in the policy. The Company is the sole beneficiary of any death benefits received from non-active insured persons. Additionally, as a result of the MidCoast acquisition, the Company acquired life insurance policies on former MidCoast employees. The Company is owner and sole beneficiary of these policies. Additionally, as part of the HVBC acquisition, the Company acquired life insurance policies on former HVBC employees. Under these agreements, the Bank receives the cash surrender value of the policy plus the benefit in excess of the cash surrender value less $50,000 to $100,000 that be given to the beneficiary named by the insured person in the policy if the insured person passes while employed by the Company. The Company is the sole beneficiary of any death benefits received from non-active insured persons. The Company acquired life insurance policies on former FNB employees and directors, as part of the acquisition of FNB. The policies obtained as part of the acquisition provide a fixed dollar benefit to the former employee or director beneficiaries, whether or not the insured person is affiliated with the Company at the time of his or her death. Bank owned life insurance is recorded at its cash surrender value, or the amount that can be realized. Increases in the cash surrender value are recognized as other non-interest income
Income Taxes	Income Taxes The Company and the Bank file a consolidated federal income tax return. Deferred tax assets and liabilities are computed based on the difference between the financial statement basis and income tax basis of assets and liabilities using the enacted marginal tax rates. Deferred income tax expenses or benefits are based on the changes in the net deferred tax asset or liability from period to period.
Derivatives	Derivatives Derivative financial instruments are recognized as assets or liabilities at fair value. The Company has interest rate swap agreements which are used as part of its asset liability management to help manage interest rate risk. The Company also has derivatives as a result of its residential lending platform. The Company does not use derivatives for trading purposes. At the inception of a derivative contract, the Company designates the derivative as one of types based on the purpose of the contract and belief as to its effectiveness as a hedge. These three types are (1) a hedge of the fair value of a recognized asset or liability or of an unrecognized firm commitment (“fair value hedge”), (2) a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability (“cash flow hedge”), or (3) an instrument with no hedging designation (“stand-alone derivative”). For a fair value hedge, the gain or loss on the derivative, as well as the offsetting loss or gain on the hedged item, are recognized in current earnings as fair values change. For a cash flow hedge, the gain or loss on the derivative is reported in other comprehensive income and is reclassified into earnings in the same periods during which the hedged transaction affects earnings. For both types of hedges, changes in the fair value of derivatives that are not highly effective in hedging the changes in fair value or expected cash flows of the hedged item are recognized immediately in current earnings. Changes in the fair value of derivatives that do not qualify for hedge accounting are reported currently in earnings, as non-interest income. Net cash settlements on derivatives that qualify for hedge accounting are recorded in interest income or interest expense, based on the item being hedged. Net cash settlements on derivatives that do not qualify for hedge accounting are reported in non-interest income. Cash flows on hedges are classified in the cash flow statement the same as the cash flows of the items being hedged. The Company formally documents the relationship between derivatives and hedged items, as well as the risk-management objective and the strategy for undertaking hedge transactions, at the inception of the hedging relationship. This documentation includes linking fair value or cash flow hedges to specific assets and liabilities on the balance sheet or to specific firm commitments or forecasted transactions. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivative instruments that are used are highly effective in offsetting changes in fair values or cash flows of the hedged items. The Company discontinues hedge accounting when it determines that the derivative is no longer effective in offsetting changes in the fair value or cash flows of the hedged item, the derivative is settled or terminates, a hedged forecasted transaction is no longer probable, a hedged firm commitment is no longer firm, or treatment of the derivative as a hedge is no longer appropriate or intended. When hedge accounting is discontinued, subsequent changes in fair value of the derivative are recorded as non-interest income. When a fair value hedge is discontinued, the hedged asset or liability is no longer adjusted for changes in fair value and the existing basis adjustment is amortized or accreted over the remaining life of the asset or liability. When a cash flow hedge is discontinued but the hedged cash flows or forecasted transactions are still expected to occur, gains or losses that were accumulated in other comprehensive income are amortized into earnings over the same periods which the hedged transactions will affect earnings.
Employee Benefit Plans	Employee Benefit Plans The Company has noncontributory defined benefit pension plan covering employees hired before January 1, 2007. It is the Company’s policy to fund pension costs on a current basis to the extent deductible under existing tax regulations. Such contributions are intended to provide not only for benefits attributed to service to date, but also for those expected to be earned in the future. The Company has a defined contribution, 401(k) plan covering eligible employees. The employee may also contribute to the plan on a voluntary basis, up to a maximum percentage allowable not to exceed the limits of Code Sections 401(k). Under the plan, the Company also makes contributions on behalf of eligible employees, which vest immediately. For employees hired after January 1, 2007, in lieu of the pension plan, an additional annual discretionary 401(k) plan contribution is made and is equal to a percentage of an employee’s base compensation. The Company also has a profit-sharing plan for employees which provide tax-deferred salary savings to plan participants. The Company has a deferred compensation plan for directors who have elected to defer all or portions of their fees until their retirement or termination from service. The Company has a restricted stock plan which covers eligible employees and non-employee corporate directors. Under the plan, awards are granted based upon performance related requirements and are subject to certain vesting criteria. Compensation cost related to restricted stock is recognized based on the market price of the stock at the grant date over the vesting period. The Company has an employee stock purchase plan that allows employees to withhold money from their paychecks, which is then utilized to purchase shares of the Company’s stock on either the open market or through treasury stock, if shares are unavailable on the open market. The Company maintains a non-qualified supplemental executive retirement plan (“SERP”) for certain executives to compensate those executive participants in the Company’s noncontributory defined benefit pension plan whose benefits are limited by compensation limitations under current tax law. The SERP is considered an unfunded plan for tax and ERISA purposes and all obligations arising under the SERP are payable from the general assets of the Company. Expenses under the SERP are recognized as earned over the expected years of service. The Company maintains a non-tax qualified executive deferred compensation plan (“Deferred Compensation Plan”) for eligible employees designated by the board of directors. Each of the named executive officers are eligible to participate in the Deferred Compensation Plan. The Deferred Compensation Plan is considered an unfunded plan for tax and ERISA purposes and all obligations arising under the Deferred Compensation Plan are payable from the general assets of the Company. Expenses under the Deferred Compensation Plan are recognized as earned over the expected years of service.
Advertising Costs	Advertising Costs Advertising and promotion costs are generally expensed as incurred and amounted to $952,000, $970,000 and $838,000 for the years ended December 31, 2023, 2022 and 2021, respectively.
Comprehensive Income (Loss)	Comprehensive Income (Loss) The Company is required to present comprehensive income in a full set of general purpose financial statements for all periods presented. Other comprehensive income (loss) is comprised of unrealized holding gains (losses) on the available-for-sale securities portfolio, unrealized gains (losses) on interest rate swaps and unrecognized pension costs.
Recent Accounting Pronouncements - Adopted in 2023 and Recent Accounting Pronouncements - Not yet effective	Recent Accounting Pronouncements – Adopted in 2023 In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” and subsequent related updates. This ASU replaces the incurred loss methodology for recognizing credit losses and requires businesses and other organizations to measure the current expected credit losses (CECL) on financial assets measured at amortized cost, including loans and held-to-maturity securities, net investments in leases, off-balance sheet credit exposures such as unfunded commitments, and other financial instruments. In addition, ASC 326 requires credit losses on available-for-sale debt securities to be presented as an allowance rather than as a write-down when management does not intend to sell or believes that it is not more likely than not they will be required to sell. This guidance became effective on January 1, 2023 for the Company. The results reported for periods beginning after January 1, 2023 are presented under ASC 326 while prior period amounts continue to be reported in accordance with previously applicable accounting standards. The Company adopted this guidance, and subsequent related updates, using the modified retrospective approach for all financial assets measured at amortized cost, including loans and held-to-maturity debt securities, available-for-sale debt securities and unfunded commitments. On January 1, 2023, the Bank recorded a cumulative effect increase to retained earnings of $1.8 million, net of tax, of which $3.3 million related to loans and ($1.1) million related to unfunded commitments. The Company adopted the provisions of ASC 326 related to financial assets purchased with credit deterioration (PCD) that were previously classified as purchased credit impaired (PCI) and accounted for under ASC 310-30 using the prospective transition approach. In accordance with the standard, management did not reassess whether PCI assets met the criteria of PCD assets as of the date of adoption. The Company expanded the pooling utilized under the legacy incurred loss method to include additional segmentation based on risk. The impact of the change from the incurred loss model to the current expected credit loss model is detailed below (in thousands): January 1, 2023 Pre-adoption Adoption Impact As Reported Assets Allowance for credit losses - loans Real estate loans: Residential $ 1,056 $ 79 $ 1,135 Commercial 10,120 (3,070 ) 7,050 Agricultural 4,589 (1,145 ) 3,444 Construction 801 (103 ) 698 Consumer 135 1,040 1,175 Other commercial loans 1,040 (328 ) 712 Other agricultural loans 489 (219 ) 270 State and political subdivision loans 322 (280 ) 42 Unallocated - 726 726 Total $ 18,552 $ (3,300 ) $ 15,252 Liabilities Allowance for Credit Losses - Off-Balance Sheet credit Exposure $ 165 $ 1,064 $ 1,229 The Company adopted the provisions of ASC 326 related to presenting other-than-temporary impairment on available-for-sale debt securities prior to January 1, 2023 using the prospective transition approach, though no such charges had been recorded on the securities held by the Company as of the date of adoption. In March 2022, the FASB issued ASU No. 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures.” The amendments eliminate the accounting guidance for troubled debt restructurings by creditors that have adopted CECL and enhance the disclosure requirements for modifications of receivables made with borrowers experiencing financial difficulty. In addition, the amendments require disclosure of current period gross write-offs by year of origination for financing receivables and net investment in leases in the existing vintage disclosures. This ASU became effective on January 1, 2023 for the Company. The adoption of this ASU resulted in updated disclosures within our financial statements but otherwise did not have a material impact on the Company’s consolidated financial statements. Recent Accounting Pronouncements – Not Yet Effective In January 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, March 2020, to provide temporary optional expedients and exceptions to the U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate. Entities can elect not to apply certain modification accounting requirements to contracts affected by what the guidance calls “reference rate reform” if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Also, entities can elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform if certain criteria are met, and can make a one-time election to sell and/or reclassify held-to-maturity debt securities that reference an interest rate affected by reference rate reform. The amendments in this ASU are effective for all entities upon issuance through December 31, 2022. In December 2022, the FASB issued ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, which extends the sunset (or expiration) date of Accounting Standards Codification (ASC) Topic 848 to December 31, 2024. This gives reporting entities two additional years to apply the accounting relief provided under ASC Topic 848 for matters related to reference rate reform. ASU 2022-06 is effective for all reporting entities immediately upon issuance and must be applied on a prospective basis. In January 2021, the FASB issued ASU 2021-01, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which added to ASU 2020-04 optional expedients and exceptions to the U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from LIBOR and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate. Entities can elect not to apply certain modification accounting requirements to contracts affected by what the guidance calls “reference rate reform” if certain criteria are met. An entity that makes this election would not have to remeasure the contracts at the modification date or reassess a previous accounting determination. Also, entities can elect various optional expedients that would allow them to continue applying hedge accounting for hedging relationships affected by reference rate reform if certain criteria are met, and can make a onetime election to sell and/or reclassify held-to-maturity debt securities that reference an interest rate affected by reference rate reform. ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 deferred the sunset date of Topic 848 from December 31, 2022 to December 31, 2024. The amendments in this ASU are effective for all entities upon issuance through December 31, 2024. The Company has identified our loan receivables that have an interest rate indexed to LIBOR and is currently assessing the appropriate transition path. As such, the Company does not have an estimate of the financial impact of this update but does not expect the impact to be material to the financial statements of the Company. In March 2023, the FASB issued ASU No. 2023-02, “Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force)”. The ASU allows entities to elect the proportional amortization method, on a tax-credit-program-by-tax-credit-program basis, for all equity investments in tax credit programs meeting the eligibility criteria in Accounting Standards Codification (ASC) 323-740-25-1. While the ASU does not significantly alter the existing eligibility criteria, it does provide clarifications to address existing interpretive issues. It also prescribes specific information reporting entities must disclose about tax credit investments each period. This ASU is effective for reporting periods beginning after December 15, 2023, for public business entities, or January 1, 2024 for the Company. The Company does not expect the adoption of this ASU to have a material impact on the Company’s financial statements. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (TOPIC 280): Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, Other accounting standards that have been issued by the FASB or other standards-setting bodies are not currently expected to have a material effect on the Company’s consolidated financial position, results of operations or cash flows.
Treasury Stock	Treasury Stock The purchase of the Company’s common stock is recorded at cost. At the date of subsequent reissue, the treasury stock account is reduced by the cost of such stock on a last-in-first-out basis.
Cash Flows	Cash Flows The Company utilizes the net reporting of cash receipts and cash payments for deposit, short-term borrowing and lending activities.
Trust, Brokerage and Insurance Assets and Income	T rust, Brokerage and Insurance Assets and Income Assets held by the Company in a fiduciary or agency capacity for its customers are not included in the consolidated financial statements since such assets are not assets of the Company. The majority of trust revenue is earned and collected monthly, with the amount determined based on a percentage of the fair value of the trust assets under management. Trust fees are contractually agreed with each customer, and fee levels vary based mainly on the size of assets under management. None of the contracts with trust customers provide for incentive-based fees. In addition, trust revenue includes fees for provision of services, including employee benefit plan administration, tax return preparation and estate planning and settlement. Fees for such services are billed based on contractual arrangements or established fee schedules and are typically billed upon completion of providing such services. Brokerage and insurance commissions from the sales of investments and insurance products recognized on a trade date basis as the performance obligation is satisfied at the point in time in which the trade is processed. Additional fees are based on a percentage of the market value of customer accounts and billed on a monthly or quarterly basis. The Company’s performance obligation under the contracts with certain customers is generally satisfied through the passage of time as the Company monitors and manages the assets in the customer’s portfolio and is not dependent on certain return or performance level of the customer’s portfolio. Other performance obligations (such as the delivery of account statements to customers) are generally considered immaterial to the overall transaction price.
Earnings Per Share	Earnings Per Share The following table sets forth the computation of earnings per share. Earnings per share calculations give retroactive effect to stock dividends declared by the Company. 2023 2022 2021 Basic earnings per share computation: Net income applicable to common stock $ 17,811,000 $ 29,060,000 $ 29,118,000 Weighted average common shares outstanding 4,382,573 4,008,931 4,023,294 Earnings per share - basic $ 4.06 $ 7.25 $ 7.24 Diluted earnings per share computation: Net income applicable to common stock $ 17,811,000 $ 29,060,000 $ 29,118,000 Weighted average common shares outstanding for basic earnings per share 4,382,573 4,008,931 4,023,294 Add: Dilutive effects of restricted stock - - - Weighted average common shares outstanding for dilutive earnings per share 4,382,573 4,008,931 4,023,294 Earnings per share - dilutive $ 4.06 $ 7.25 $ 7.24 Nonvested shares of restricted stock totaling 4,623, 5,458 and 5,494 were outstanding during 2023, 2022 and 2021, respectively, but were not included in the computation of diluted earnings per common share because to do so would be anti-dilutive. These anti-dilutive shares had per share prices ranging from $56.81-$83.38, $44.93-$74.27 and $44.93-$63.19 for 2023, 2022 and 2021, respectively.
Reclassification	Reclassification Certain of the prior year amounts have been reclassified to conform to the current year presentation. Such reclassifications had no material effect on net income or stockholders’ equity.

REVENUE RECOGNITION (Policies)

REVENUE RECOGNITION (Policies)	12 Months Ended
	Dec. 31, 2023
REVENUE RECOGNITION [Abstract]
Revenue Recognition	Under ASC Topic 606, management determined that the primary sources of revenue emanating from interest and dividend income on loans and investments along with noninterest revenue resulting from investment security gains, loan servicing, gains on loans sold and earnings on bank owned life insurances are not within the scope of this topic. The main types of noninterest income within the scope of the standard are as follows: • Service charges on deposit accounts – The Company has contracts with its deposit customers where fees are charged if certain parameters are not met. These agreements can be cancelled at any time by either the Company or the deposit customer. Revenue from these transactions is recognized on a monthly basis as the Company has an unconditional right to the fee consideration. The Company also has transaction fees related to specific transactions or activities resulting from a customer request or activity that include overdraft fees, online banking fees, interchange fees, ATM fees and other transaction fees. All of these fees are attributable to specific performance obligations of the Company where the revenue is recognized at a defined point in time upon the completion of the requested service/transaction. • Trust fees – Typical contracts for trust services are based on a fixed percentage of the assets earned ratably over a defined period and billed on a monthly basis. Fees charged to customers’ accounts are recognized as revenue over the period during which the Company fulfills its performance obligation under the contract (i.e., holding client asset in a managed fiduciary trust account). For these accounts, the performance obligation of the Company is typically satisfied by holding and managing the customer’s assets over time. Other fees related to specific customer requests are attributable to specific performance obligations of the Company where the revenue is recognized at a defined point in time, upon completion of the requested service/transaction. • Gains (losses) on sale of other real estate owned – Gains and losses are recognized at the completion of the property sale when the buyer obtains control of the real estate and all of the performance obligations of the Company have been satisfied. Evidence of the buyer obtaining control of the asset include transfer of the property title, physical possession of the asset, and the buyer obtaining control of the risks and rewards related to the asset. In situations where the Company agrees to provide financing to facilitate the sale, additional analysis is performed to ensure that the contract for sale identifies the buyer and seller, the asset to be transferred, payment terms, and that the contract has a true commercial substance and that collection of amounts due from the buyer are reasonable. In situations where financing terms are not reflective of current market terms, the transaction price is discounted impacting the gain/loss and the carrying value of the asset. • Brokerage and insurance – Fees include commissions from the sales of investments and insurance products recognized on a trade date basis as the performance obligation is satisfied at the point in time in which the trade is processed. Additional fees are based on a percentage of the market value of customer accounts and billed on a monthly or quarterly basis. The Company’s performance obligation under the contracts with certain customers is generally satisfied through the passage of time as the Company monitors and manages the assets in the customer’s portfolio and is not dependent on certain return or performance level of the customer’s portfolio. Fees for these services are billed monthly and are recorded as revenue at the end of the month for which the wealth management service has been performed. Other performance obligations (such as the delivery of account statements to customers) are generally considered immaterial to the overall transaction price.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model	The impact of the change from the incurred loss model to the current expected credit loss model is detailed below (in thousands): January 1, 2023 Pre-adoption Adoption Impact As Reported Assets Allowance for credit losses - loans Real estate loans: Residential $ 1,056 $ 79 $ 1,135 Commercial 10,120 (3,070 ) 7,050 Agricultural 4,589 (1,145 ) 3,444 Construction 801 (103 ) 698 Consumer 135 1,040 1,175 Other commercial loans 1,040 (328 ) 712 Other agricultural loans 489 (219 ) 270 State and political subdivision loans 322 (280 ) 42 Unallocated - 726 726 Total $ 18,552 $ (3,300 ) $ 15,252 Liabilities Allowance for Credit Losses - Off-Balance Sheet credit Exposure $ 165 $ 1,064 $ 1,229
Computation of Earnings per Share	The following table sets forth the computation of earnings per share. Earnings per share calculations give retroactive effect to stock dividends declared by the Company. 2023 2022 2021 Basic earnings per share computation: Net income applicable to common stock $ 17,811,000 $ 29,060,000 $ 29,118,000 Weighted average common shares outstanding 4,382,573 4,008,931 4,023,294 Earnings per share - basic $ 4.06 $ 7.25 $ 7.24 Diluted earnings per share computation: Net income applicable to common stock $ 17,811,000 $ 29,060,000 $ 29,118,000 Weighted average common shares outstanding for basic earnings per share 4,382,573 4,008,931 4,023,294 Add: Dilutive effects of restricted stock - - - Weighted average common shares outstanding for dilutive earnings per share 4,382,573 4,008,931 4,023,294 Earnings per share - dilutive $ 4.06 $ 7.25 $ 7.24

ACQUISITION OF HV BANCORP, INC

ACQUISITION OF HV BANCORP, INC (Tables)	12 Months Ended
	Dec. 31, 2023
Business Acquisition [Line Items]
Net Assets Acquired and Consideration Transferred	The following table summarizes the purchase of HVBC as of June 16, 2023: (In Thousands, Except Per Share Data) Purchase Price Consideration in Common Stock Citizens Financial Services, Inc. shares issued 693,858 Value assigned to Citizens Financial Services, Inc. common share $ 86.67 Purchase price assigned to HVBC common shares exchanged for Citizens Financial Services, Inc. $ 60,137 Purchase Price Consideration - Cash for Common Stock Purchase price assigned to HVBC’s common shares exchanged for cash 13,112 Purchase Price Related to Cash Payout of Stock Options 3,416 Total Purchase Price 76,665 Net Assets Acquired: HV Bancorp, Inc shareholders’ equity $ 40,630 Adjustments to reflect assets acquired at fair value: Investments 31 Loans Interest rate (24,097 ) General credit (1,834 ) Specific credit - PCD accrual (277 ) Specific credit - PCD non-accrual (1,765 ) Core deposit intangible 2,770 Owned premises 67 Other assets (193 ) Deferred tax assets 3,051 Adjustments to reflect liabilities acquired at fair value: Time deposits 586 Borrowings 3,017 Other liabilities 297 22,283 Goodwill resulting from merger $ 54,382 The following condensed statement reflects the amounts recognized as of the acquisition date for each major class of asset acquired and liability assumed: (In Thousands) Total purchase price 76,665 Cash and due from banks 18,017 Investment securities 79,248 Loans held for sale 10,750 Loans 475,338 Premises and equipment 2,310 Intangible assets 2,972 Bank owned life insurance 10,387 Interest receivable 2,226 Deferred taxes 7,706 Other assets 18,213 Total assets acquired 627,167 Fair value of liabilities assumed Deposits 533,364 Borrowings 58,647 Accrued interest payable 885 Other liabilities 11,988 Total liabilities assumed 604,884 Total fair value of identifiable net assets 22,283 Goodwill resulting from merger 54,382
Fair Value of Acquired PCD Loans	The following table provides details related to the fair value of acquired PCD loans (in thousands): Unpaid principal balance PCD Allowance for Credit Loss at Acquisition (Discount) Premium on Acquired Loans Fair Value of PCD Loans at Acquisition Real estate loans: Mortgages $ 2,398 $ (108 ) $ - $ 2,290 Home Equity 34 - (4 ) 30 Commercial 4,774 (39 ) (507 ) 4,228 Construction 4,278 (37 ) (293 ) 3,948 Consumer 1,343 (677 ) (271 ) 395 Other commercial loans 5,214 (828 ) (48 ) 4,338 $ 18,041 $ (1,689 ) $ (1,123 ) $ 15,229
Fair Value of Acquired Non-PCD Loans	The following table provides details related to the fair value and Day 1 provision related to the acquired non-PCD loans (in thousands): Unpaid principal balance (Discount)Premium on Acquired Loans Fair Value of Non-PCD Loans at Acquisition Day 1 Provision for Credit Losses- Non-PCD Loans Real estate loans: Mortgages $ 155,799 $ (17,506 ) $ 138,293 $ 1,015 Home Equity 2,165 (55 ) 2,110 15 Commercial 203,638 (9,226 ) 194,412 1,968 Construction 76,703 (1,420 ) 75,283 747 Consumer 2,794 (222 ) 2,572 159 Other commercial loans 47,753 (314 ) 47,439 687 $ 488,852 $ (28,743 ) $ 460,109 $ 4,591
Estimated Future Amortization Expense	The following table provides the current year and estimated future amortization expense for the next five years of amortized intangible assets (in thousands). We based our projections of amortization expense shown below on existing asset balances at December 31, 2023. Future amortization expense may vary from these projections: MSRs Core deposit intangibles Total Year ended December 31, 2023 $ 301 $ 373 $ 674 Estimate for year ended December 31, 2024 280 564 844 2025 228 478 706 2026 177 395 572 2027 120 339 459 2028 71 284 355 2029 and thereafter 79 635 714 Total 955 2,695 3,650
Pro Forma Information	The following table presents financial information regarding the former HVBC operations included in our Consolidated Statement of Income from the date of acquisition through December 31, 2023 under the column “Actual from Acquisition Date through December 31, 2023”. In addition, the following table presents unaudited pro forma information as if the acquisition of HVBC had occurred on January 1, 2022 under the “Pro Forma” columns. The table below has been prepared for comparative purposes only and is not necessarily indicative of the actual results that would have been attained had the acquisition occurred as of the beginning of the periods presented, nor is it indicative of future results. Furthermore, the unaudited proforma information does not reflect management’s estimate of any revenue-enhancing opportunities nor anticipated cost savings as a result of the integration and consolidation of the acquisition. Merger and acquisition integration costs and amortization of fair value adjustments are included in the numbers below. Actual from Acquisition Unaudited Pro Forma Date Through Twelve Months Ended December 31, (In Thousands, Except Per Share Data) December 31, 2023 2023 2022 Net interest income $ 14,697 $ 89,217 $ 96,185 Non-interest income 1,543 13,856 17,863 Net income 6,487 15,034 31,625 Pro forma earnings per share: Basic $ 3.03 $ 6.72 Diluted $ 3.03 $ 6.72
HV Bancorp, Inc. [Member]
Business Acquisition [Line Items]
Estimated Future Amortization Expense	As of December 31, 2023, the current year and estimated future amortization expense for the core deposit intangibles and MSRs acquired as part of the acquisition was (in thousands): MSRs Core deposit intangibles Total Amortization for the period 6/16/23-12/31/23 $ 33 $ 252 $ 285 Estimate for year ended December 31, 2024 52 478 530 2025 51 428 479 2026 44 378 422 2027 21 327 348 2028 1 277 278 2029 and thereafter - 630 630 Total $ 169 $ 2,518 2,687

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	12 Months Ended
	Dec. 31, 2023
REVENUE RECOGNITION [Abstract]
Disaggregation of Revenue Derived from Contracts with Customers	The following table depicts the disaggregation of revenue derived from contracts with customers to depict the nature, amount, timing, and uncertainty of revenue and cash flows for the years ended December 31, 2023, 2022 and 2021 (in thousands). All revenue in the table below relates to goods and services transferred at a point in time. Revenue stream Service charges on deposit accounts 2023 2022 2021 Overdraft fees $ 1,501 $ 1,374 $ 1,111 Statement fees 194 208 225 Interchange revenue 3,246 3,226 2,801 ATM income 138 229 388 Other service charges 560 309 230 Total Service Charges 5,639 5,346 4,755 Trust 764 803 865 Brokerage and insurance 1,924 1,895 1,625 Other 645 543 492 Total $ 8,972 $ 8,587 $ 7,737

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2023
INVESTMENT SECURITIES [Abstract]
Amortized Cost and Fair Value of Investment Securities	The amortized cost, gross unrealized gains and losses, and fair value of investment securities at December 31, 2023 and 2022 were as follows (in thousands): December 31, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance For Credit Losses Fair Value Available-for-sale securities: U.S. Agency securities $ 66,569 $ 1 $ (5,799 ) $ - $ 60,771 U.S. Treasuries 152,485 - (9,197 ) - 143,288 Obligations of state and political subdivisions 107,945 32 (6,190 ) - 101,787 Corporate obligations 13,394 245 (1,236 ) - 12,403 Mortgage-backed securities in government sponsored entities 112,950 7 (13,605 ) - 99,352 Total available-for-sale securities $ 453,343 $ 285 $ (36,027 ) $ - $ 417,601 December 31, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. Agency securities $ 78,556 $ - $ (7,879 ) $ 70,677 U.S. Treasuries 162,236 - (13,666 ) 148,570 Obligations of state and political subdivisions 120,562 35 (10,297 ) 110,300 Corporate obligations 10,335 - (952 ) 9,383 Mortgage-backed securities in government sponsored entities 115,304 15 (14,743 ) 100,576 Total available-for-sale securities $ 486,993 $ 50 $ (47,537 ) $ 439,506
Unrealized Losses and Fair Value of Available for-sale Securities	The following table shows the Company’s gross unrealized losses and fair value for available for sale securities, aggregated by investment category and length of time, that the individual securities have been in a continuous unrealized loss position, at December 31, 2023 and 2022 (in thousands). As of December 31, 2023, the Company owned 323 securities each of whose fair value was less than its cost basis for a period twelve months or greater and five securities each of whose fair value was less than its cost basis for a period less than twelve months. Less than Twelve Months Twelve Months or Greater Total 2023 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. agency securities $ - $ - $ 58,753 $ (5,799 ) $ 58,753 $ (5,799 ) U.S. Treasuries - - 143,288 (9,197 ) 143,288 (9,197 ) Obligations of states and political subdivisions - - 93,535 (6,190 ) 93,535 (6,190 ) Corporate obligations 1,487 (265 ) 8,320 (971 ) 9,807 (1,236 ) Mortgage-backed securities in government sponsored entities 9,203 (31 ) 88,553 (13,574 ) 97,756 (13,605 ) Total securities $ 10,690 $ (296 ) $ 392,449 $ (35,731 ) $ 403,139 $ (36,027 ) 2022 U.S. agency securities $ 39,729 $ (1,892 ) $ 30,948 $ (5,987 ) $ 70,677 $ (7,879 ) U.S. Treasuries 32,673 (1,337 ) 115,897 (12,329 ) 148,570 (13,666 ) Obligations of states and political subdivisions 66,725 (4,887 ) 35,782 (5,410 ) 102,507 (10,297 ) Corporate obligations 2,165 (165 ) 6,218 (787 ) 8,383 (952 ) Mortgage-backed securities in government sponsored entities 40,270 (3,367 ) 57,319 (11,376 ) 97,589 (14,743 ) Total securities $ 181,562 $ (11,648 ) $ 246,164 $ (35,889 ) $ 427,726 $ (47,537 )
Gross Gains and Losses on Available-for-sale Securities	Proceeds from sales of securities available-for-sale during 2023, 2022 and 2021 were $86,504,000, $7,480,000 and $29,198,000, respectively. Sales for 2023 were primarily the result of selling investments obtained as part of the HVBC acquisition for no gain or loss on the day of acquisition. The gross losses realized during 2023 consisted of $89,000 from the sales of seven municipal securities. The gross gains realized during 2023 consisted of $38,000 from the sales of two municipal securities. The gross losses realized during 2022 consisted of $14,000 from the sales of three agency securities. The gross gains realized during 2021 consisted of $177,000 and $125,000 from the sales of six treasury securities and three agency securities, respectively. The gross losses realized during 2021 consisted of $90,000 from the sale of one agency security. Gross gains and gross losses were realized as follows on available for sale securities (in thousands): 2023 2022 2021 Gross gains $ 38 $ - $ 302 Gross losses (89 ) (14 ) (90 ) Net (losses) gains $ (51 ) $ (14 ) $ 212
Unrealized Gains (Losses) Related to Equity Securities	The following table presents the net gains (losses) on the Company’s equity investments recognized in earnings during 2023, 2022 and 2021 and the portion of unrealized gains for the period that relates to equity investments held at December 31, 2023, 2022 and 2021 (in thousands): Equity Securities 2023 2022 2021 Net gains (losses) recognized in equity securities during the period $ (158 ) $ (251 ) $ 339 Less: Net gains realized on the sale of equity securities during the period 14 4 - Net unrealized gains (losses) $ (144 ) $ (247 ) $ 339
Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. The amortized cost and fair value of debt securities at December 31, 2023, by contractual maturity are shown below (in thousands). Municipal securities that have been refunded and will therefore pay-off on the call date are reflected in the table below utilizing the call date as the date of repayment as payment is guaranteed on that date: Available-for-sale securities: Amortized Cost Fair Value Due in one year or less $ 46,581 $ 45,685 Due after one year through five years 158,502 147,810 Due after five years through ten years 95,534 86,919 Due after ten years 152,726 137,187 Total $ 453,343 $ 417,601

LOANS AND RELATED ALLOWANCE F_2

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Tables)	12 Months Ended
	Dec. 31, 2023
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES [Abstract]
Loan Portfolio and Allowance for Credit Losses	The following table summarizes the primary segments of the loan portfolio, as well as how those segments are analyzed within the allowance for credit losses as of December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Real estate loans: Residential $ 359,990 $ 210,213 Commercial 1,092,887 876,569 Agricultural 314,802 313,614 Construction 195,826 80,691 Consumer 61,316 86,650 Other commercial loans 136,168 63,222 Other agricultural loans 30,673 34,832 State and political subdivision loans 57,174 59,208 Total 2,248,836 1,724,999 Allowance for credit losses - loans 21,153 18,552 Net loans $ 2,227,683 $ 1,706,447
Components of the Allowance for Credit Losses	The following table presents the components of the allowance for credit losses as of December 31, 2023 (in thousands): 2023 Allowance for Credit Losses - Loans $ 21,153 Allowance for Credit Losses - Off-Balance Sheet credit Exposure 1,265 Total allowance for credit losses $ 22,418 The following table presents the components of the allowance for credit losses as of December 31, 2022 (in thousands): December 31, 2022 Allowance for loan Losses $ 18,552 Reserve for unfunded commitments 165 Total allowance for credit losses $ 18,717
Activity in Allowance for Credit Losses	The following table presents the activity in the allowance for credit losses for 2023 (in thousands): Allowance for Credit Losses -Loans Allowance for Credit Losses - Off- Balance Sheet credit Exposure Total Balance at December 31, 2022 $ 18,552 $ 165 $ 18,717 Impact of adopting CECL (3,300 ) 1,064 (2,236 ) Allowance for credit loss on PCD acquired loans 1,689 - 1,689 Loans charge-off (1,329 ) - (1,329 ) Recoveries of loans previously charged-off 49 - 49 Net loans charged-off (1,280 ) - (1,280 ) Provision for credit losses - acquisition day 1 non-PCD 4,591 - 4,591 Provision for credit losses 901 36 937 Balance at December 31, 2023 $ 21,153 $ 1,265 $ 22,418 The following table presents the activity in the allowance for credit losses for 2022 (in thousands): Allowance for Credit Losses - Loans Reserve for unfunded commitments Total Balance at December 31, 2021 $ 17,304 $ 165 $ 17,469 Loans charge-off (472 ) - (472 ) Recoveries of loans previously charged-off 37 - 37 Net loans charged-off (435 ) - (435 ) Provision for credit losses 1,683 - 1,683 Balance at December 31, 2022 $ 18,552 $ 165 $ 18,717
Activity of Allowance for Credit Losses - Loans by Portfolio Segment	The following tables presents the activity in the allowance for credit losses – loans, by portfolio segment, for 2023 (in thousands). Balance at December 31, 2022 Impact of adopting CECL Allowance for credit loss on PCD acquired loans Charge- offs Recoveries Provision Balance at December 31, 2023 Real estate loans: Residential $ 1,056 $ 79 $ 108 $ (1 ) $ - $ 1,112 $ 2,354 Commercial 10,120 (3,070 ) 39 - - 2,089 9,178 Agricultural 4,589 (1,145 ) - - - (180 ) 3,264 Construction 801 (103 ) 37 - - 1,215 1,950 Consumer 135 1,040 677 (365 ) 40 (31 ) 1,496 Other commercial loans 1,040 (328 ) 828 (963 ) 9 1,643 2,229 Other agricultural loans 489 (219 ) - - - - 270 State and political subdivision loans 322 (280 ) - - - 3 45 Unallocated - 726 - - - (359 ) 367 Total $ 18,552 $ (3,300 ) $ 1,689 $ (1,329 ) $ 49 $ 5,492 $ 21,153 The following table presents the activity in the allowance for loan losses, by portfolio segment, for 2022 and 2021 (in thousands). Balance at December 31, 2021 Charge-offs Recoveries Provision Balance at December 31, 2022 Real estate loans: Residential $ 1,147 $ - $ - $ (91 ) $ 1,056 Commercial 8,099 - 3 2,018 10,120 Agricultural 4,729 - - (140 ) 4,589 Construction 434 - - 367 801 Consumer 262 (37 ) 21 (111 ) 135 Other commercial loans 1,023 (435 ) 13 439 1,040 Other agricultural loans 558 - - (69 ) 489 State and political subdivision loans 281 - - 41 322 Unallocated 771 - - (771 ) - Total $ 17,304 $ (472 ) $ 37 $ 1,683 $ 18,552 2022 Balance at December 31, 2020 Charge-offs Recoveries Provision Balance at December 31, 2021 Real estate loans: Residential $ 1,174 $ - $ - $ (27 ) $ 1,147 Commercial 6,216 (54 ) 89 1,848 8,099 Agricultural 4,953 - - (224 ) 4,729 Construction 122 - - 312 434 Consumer 321 (27 ) 21 (53 ) 262 Other commercial loans 1,226 (133 ) 43 (113 ) 1,023 Other agricultural loans 864 - - (306 ) 558 State and political subdivision loans 479 - - (198 ) 281 Unallocated 460 - - 311 771 Total $ 15,815 $ (214 ) $ 153 $ 1,550 $ 17,304
Loans and Allowance for Credit Losses by Portfolio Segment	The following table presents loans and the allowance for credit losses by portfolio segment, under CECL methodology as of December 31, 2023 (in thousands): Allowance for Credit Losses - Loans Loans 2023 Collectively evaluated Individually evaluated Total Allowance for Credit Losses - Loans Collectively evaluated Individually evaluated Total Loans Real estate loans: Residential $ 2,285 $ 69 $ 2,354 $ 358,358 $ 1,632 $ 359,990 Commercial 9,033 145 9,178 1,090,217 2,670 1,092,887 Agricultural 3,247 17 3,264 311,500 3,302 314,802 Construction 1,664 286 1,950 193,469 2,357 195,826 Consumer 557 939 1,496 60,377 939 61,316 Other commercial loans 1,713 516 2,229 134,472 1,696 136,168 Other agricultural loans 270 - 270 30,388 285 30,673 State and political subdivision loans 45 - 45 57,174 - 57,174 Unallocated 367 - 367 - - - Total $ 19,181 $ 1,972 $ 21,153 $ 2,236,955 $ 12,881 $ 2,248,836 The following table presents loans and their related allowance for loan losses, by portfolio segment, as of December 31, 2022 (in thousands): Allowance for loan losses Loans 2022 Collectively evaluated for impairment Individually evaluated for impairment Total allowance for loan losses Collectively evaluated for impairment Individually evaluated for impairment Loans acquired with deteriorated credit quality Total Loans Real estate loans: Residential $ 1,052 $ 4 $ 1,056 $ 209,869 $ 335 $ 9 $ 210,213 Commercial 10,063 57 10,120 869,038 5,675 1,856 876,569 Agricultural 4,565 24 4,589 306,793 5,380 1,441 313,614 Construction 801 - 801 80,691 - - 80,691 Consumer 131 4 135 86,646 4 - 86,650 Other commercial loans 1,027 13 1,040 63,120 102 - 63,222 Other agricultural loans 489 - 489 34,359 473 - 34,832 State and political subdivision loans 322 - 322 59,208 - - 59,208 Total $ 18,450 $ 102 $ 18,552 $ 1,709,724 $ 11,969 $ 3,306 $ 1,724,999
Impaired Loan Receivables with Associated Allowance Amount	Information presented in the following tables is not required for periods after the adoption of CECL. The following table includes the recorded investment and unpaid principal balances for impaired loans by class, with the associated allowance amount as of December 31, 2022, if applicable (in thousands): Recorded Recorded Unpaid Investment Investment Total Principal With No With Recorded Related 2022 Balance Allowance Allowance Investment Allowance Real estate loans: Mortgages $ 395 $ 242 $ 39 $ 281 $ 4 Home Equity 71 39 15 54 - Commercial 6,655 5,314 361 5,675 57 Agricultural 6,062 5,192 188 5,380 24 Consumer 4 - 4 4 4 Other commercial loans 797 32 70 102 13 Other agricultural loans 669 473 - 473 - Total $ 14,653 $ 11,292 $ 677 $ 11,969 $ 102 The following table includes the average investment in impaired loans and the income recognized on impaired loans for 2022 and 2021 (in thousands): Interest Average Interest Income Recorded Income Recognized 2022 Investment Recognized Cash Basis Real estate loans: Mortgages $ 421 $ 12 $ - Home Equity 64 4 - Commercial 6,216 207 10 Agricultural 5,540 126 - Consumer 1 - - Other commercial loans 260 3 - Other agricultural loans 538 4 - Total $ 13,040 $ 356 $ 10 2021 Real estate loans: Mortgages $ 682 $ 16 $ - Home Equity 99 4 - Commercial 8,789 288 31 Agricultural 4,562 82 - Other commercial loans 704 2 - Other agricultural loans 1,044 3 - Total $ 15,880 $ 395 $ 31
Loan Receivables on Nonaccrual Status	The following table reflects the non-performing loan receivables, as well as those on non-accrual status as of December 31, 2023 and 2022, respectively. The balances are presented by class of loan receivable (in thousands): December 31, 2023 December 31, 2022 Nonaccrual With a related allowance Nonaccrual Without a related allowance 90 days or greater past due and accruing Total non- performing loans Nonaccrual 90 days or greater past due and accruing Total non- performing loans Real estate loans: Mortgages $ 315 $ 2,646 $ - $ 2,961 $ 562 $ - $ 562 Home Equity - 121 18 139 29 - 29 Commercial 256 879 404 1,539 2,778 - 2,778 Agricultural 181 2,489 75 2,745 3,222 - 3,222 Construction 2,357 - - 2,357 - - - Consumer 701 - 13 714 - 7 7 Other commercial loans 588 1,162 6 1,756 62 - 62 Other agricultural loans - 492 - 492 285 - 285 $ 4,398 $ 7,789 $ 516 $ 12,703 $ 6,938 $ 7 $ 6,945
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans and Leases	The following table presents, by class of loans and leases, the amortized cost basis of collateral-dependent nonaccrual loans and leases and type of collateral as of December 31, 2023 and 2022 (in thousands): December 31, 2023 December 31, 2022 Real Estate Business Assets None Total Real Estate Business Assets None Total Real estate loans: Mortgages $ 2,961 $ - $ - $ 2,961 $ 562 $ - $ - $ 562 Home Equity 121 - - 121 29 - - 29 Commercial 1,135 - - 1,135 2,778 - - 2,778 Agricultural 2,670 - - 2,670 3,222 - - 3,222 Construction 2,357 - - 2,357 - - - - Consumer - - 701 701 - - - - Other commercial loans - 1,750 - 1,750 - 62 - 62 Other agricultural loans - 492 - 492 - 285 - 285 $ 9,244 $ 2,242 $ 701 $ 12,187 $ 6,591 $ 347 $ - $ 6,938
Financing Receivable Credit Exposures by Internally Assigned Grades, by Origination Year	The following tables represent credit exposures by internally assigned grades, by origination year, as of December 31, 2023 (in thousands): Revolving Revolving Loans Loans Amortized Converted December 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Commercial real estate Risk Rating Pass $ 90,068 $ 333,710 $ 224,873 $ 122,560 $ 81,557 $ 180,799 $ 28,360 $ 1,140 $ 1,063,067 Special Mention 672 7,963 227 1,552 7,442 8,159 96 60 26,171 Substandard - 1,302 6 - 158 1,444 317 422 3,649 Doubtful - - - - - - - - - Total $ 90,740 $ 342,975 $ 225,106 $ 124,112 $ 89,157 $ 190,402 $ 28,773 $ 1,622 $ 1,092,887 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Agricultural real estate Risk Rating Pass $ 22,632 $ 47,479 $ 28,990 $ 32,058 $ 25,406 $ 118,700 $ 10,495 $ 460 $ 286,220 Special Mention 574 9,165 1,499 - 962 7,038 3,535 - 22,773 Substandard - - - - 102 5,394 75 238 5,809 Doubtful - - - - - - - - - Total $ 23,206 $ 56,644 $ 30,489 $ 32,058 $ 26,470 $ 131,132 $ 14,105 $ 698 $ 314,802 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Construction - Risk Rating Pass $ 54,973 $ 102,562 $ 22,508 $ - $ - $ - $ 839 $ 1,166 $ 182,048 Special Mention 1,574 5,432 4,415 - - - - - 11,421 Substandard - - 2,357 - - - - - 2,357 Doubtful - - - - - - - - - Total $ 56,547 $ 107,994 $ 29,280 $ - $ - $ - $ 839 $ 1,166 $ 195,826 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Other commercial loans - Risk Rating Pass $ 31,493 $ 11,407 $ 9,016 $ 4,793 $ 4,758 $ 3,530 $ 63,285 $ 93 $ 128,375 Special Mention 51 52 1,510 184 223 629 1,652 36 4,337 Substandard 52 97 - - 149 967 502 1,667 3,434 Doubtful - - - - - - - 22 22 Total $ 31,596 $ 11,556 $ 10,526 $ 4,977 $ 5,130 $ 5,126 $ 65,439 $ 1,818 $ 136,168 Current period gross charge-offs $ 200 $ - $ - $ 763 $ - $ - $ - $ - $ 963 Other agricultural loans - Risk Rating Pass $ 3,902 $ 1,520 $ 6,448 $ 1,046 $ 532 $ 305 $ 15,331 $ - $ 29,084 Special Mention - 473 16 42 - - 488 29 1,048 Substandard - - 207 - 4 255 44 31 541 Doubtful - - - - - - - - - Total $ 3,902 $ 1,993 $ 6,671 $ 1,088 $ 536 $ 560 $ 15,863 $ 60 $ 30,673 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - State and political subdivision loans - Risk Rating Pass $ 1,623 $ 14,171 $ 10,841 $ 5,235 $ - $ 25,294 $ 10 $ - $ 57,174 Special Mention - - - - - - - - - Substandard - - - - - - - - - Doubtful - - - - - - - - - Total $ 1,623 $ 14,171 $ 10,841 $ 5,235 $ - $ 25,294 $ 10 $ - $ 57,174 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Total - Risk Rating Pass $ 204,691 $ 510,849 $ 302,676 $ 165,692 $ 112,253 $ 328,628 $ 118,320 $ 2,859 $ 1,745,968 Special Mention 2,871 23,085 7,667 1,778 8,627 15,826 5,771 125 65,750 Substandard 52 1,399 2,570 - 413 8,060 938 2,358 15,790 Doubtful - - - - - - - 22 22 Total $ 207,614 $ 535,333 $ 312,913 $ 167,470 $ 121,293 $ 352,514 $ 125,029 $ 5,364 $ 1,827,530 Information presented in the table above is not required for periods prior to adoption of CECL. The following table presents the most comparable information for the prior period, internal credit risk ratings for the indicated loan class segments as of December 31, 2022 (in thousands). December 31, 2022 Pass Special Mention Substandard Doubtful Loss Ending Balance Real estate loans: Commercial $ 842,912 $ 28,047 $ 5,610 $ - $ - $ 876,569 Agricultural 295,443 11,960 6,211 - - 313,614 Construction 75,703 2,642 2,346 - - 80,691 Other commercial loans 59,902 2,953 337 30 - 63,222 Other agricultural loans 32,708 1,307 817 - - 34,832 State and political subdivision loans 59,208 - - - - 59,208 Total $ 1,365,876 $ 46,909 $ 15,321 $ 30 $ - $ 1,428,136 For residential real estate mortgage loans, home equity loans, and consumer loans, credit quality is monitored based on whether the loan is performing or non-performing, which is typically based on the aging status of the loan and payment activity, unless a specific action, such as bankruptcy, repossession, death or significant delay in payment occurs to raise awareness of a possible credit event. Non-performing loans include those loans that are considered nonaccrual, described in more detail above, and all loans past due 90 or more days and still accruing. The following table presents the recorded investment in those loan classes based on payment activity, by origination year, as of December 31, 2023 (in thousands): Revolving Revolving Loans Loans Amortized Converted December 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Residential real estate Payment Performance Performing $ 19,082 $ 93,706 $ 47,774 $ 29,940 $ 18,923 $ 97,813 $ - $ - $ 307,238 Nonperforming - 399 766 396 - 1,400 - - 2,961 Total $ 19,082 $ 94,105 $ 48,540 $ 30,336 $ 18,923 $ 99,213 $ - $ - $ 310,199 Current period gross charge-offs $ - $ - $ - $ - $ - $ 1 $ - $ - $ 1 Home equity - Payment Performance Performing $ 3,877 $ 3,008 $ 1,886 $ 1,954 $ 2,462 $ 7,883 $ 28,219 $ 363 $ 49,652 Nonperforming - - - - - 72 67 - 139 Total $ 3,877 $ 3,008 $ 1,886 $ 1,954 $ 2,462 $ 7,955 $ 28,286 $ 363 $ 49,791 Current period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer - Payment Performance Performing $ 1,803 $ 979 $ 539 $ 477 $ 557 $ 2,988 $ 53,254 $ 5 $ 60,602 Nonperforming - 21 - - - 693 - - 714 Total $ 1,803 $ 1,000 $ 539 $ 477 $ 557 $ 3,681 $ 53,254 $ 5 $ 61,316 Current period gross charge-offs $ - $ - $ - $ - $ 1 $ 341 $ 23 $ - $ 365 Total - Payment Performance Performing $ 24,762 $ 97,693 $ 50,199 $ 32,371 $ 21,942 $ 108,684 $ 81,473 $ 368 $ 417,492 Nonperforming - 420 766 396 - 2,165 67 - 3,814 Total $ 24,762 $ 98,113 $ 50,965 $ 32,767 $ 21,942 $ 110,849 $ 81,540 $ 368 $ 421,306 Information presented in the table above is not required for periods prior to adoption of CECL. The following table presents the most comparable information for the prior period, internal credit risk ratings for the indicated loan class segments as of December 31, 2022 (in thousands). December 31, 2022 Performing Non-performing PCI Total Real estate loans: Mortgages $ 161,998 $ 562 $ 9 $ 162,569 Home Equity 47,615 29 - 47,644 Consumer 86,643 7 - 86,650 Total $ 296,256 $ 598 $ 9 $ 296,863
Aging Analysis of Past Due Loan Receivables	Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following table includes an aging analysis of the recorded investment of past due loan receivables as of December 31, 2023 and 2022 (in thousands): 30-59 Days 60-89 Days 90 Days Or Total Past Total Loans 90 Days or Greater and December 31, 2023 Past Due Past Due Greater Due Current Receivables Accruing Real estate loans: Mortgages $ 2,682 $ 360 $ 2,240 $ 5,282 304,917 $ 310,199 $ - Home Equity 145 67 71 283 49,508 49,791 18 Commercial 1,151 245 1,380 2,776 1,090,111 1,092,887 404 Agricultural 72 - 1,440 1,512 313,290 314,802 75 Construction 4,407 388 2,357 7,152 188,674 195,826 - Consumer 16 282 23 321 60,995 61,316 13 Other commercial loans 670 366 319 1,355 134,813 136,168 6 Other agricultural loans 108 362 - 470 30,203 30,673 - State and political subdivision loans - - - - 57,174 57,174 - Total $ 9,251 $ 2,070 $ 7,830 $ 19,151 $ 2,229,685 $ 2,248,836 $ 516 Loans considered non-accrual $ 199 $ 666 $ 7,314 $ 8,179 $ 4,008 $ 12,187 Loans still accruing 9,052 1,404 516 10,972 2,225,677 2,236,649 Total $ 9,251 $ 2,070 $ 7,830 $ 19,151 $ 2,229,685 $ 2,248,836 30-59 Days 60-89 Days 90 Days Total Past Total Loans 90 Days or Greater and December 31, 2022 Past Due Past Due Or Greater Due Current PCI Receivables Accruing Real estate loans: Mortgages $ 356 $ 132 $ 229 $ 717 $ 161,843 $ 9 $ 162,569 $ - Home Equity 48 9 29 86 47,558 - 47,644 - Commercial 1,065 115 1,788 2,968 871,745 1,856 876,569 - Agricultural - - 1,368 1,368 310,805 1,441 313,614 - Construction - - - - 80,691 - 80,691 - Consumer 147 - 7 154 86,496 - 86,650 7 Other commercial loans 1,660 35 32 1,727 61,495 - 63,222 - Other agricultural loans - - - - 34,832 - 34,832 - State and political subdivision loans - - - - 59,208 - 59,208 - Total $ 3,276 $ 291 $ 3,453 $ 7,020 $ 1,714,673 $ 3,306 $ 1,724,999 $ 7 Loans considered non-accrual $ 46 $ 76 $ 3,446 $ 3,568 $ 3,370 $ - $ 6,938 Loans still accruing 3,230 215 7 3,452 1,711,303 3,306 1,718,061 Total $ 3,276 $ 291 $ 3,453 $ 7,020 $ 1,714,673 $ 3,306 $ 1,724,999
Modifications to Borrowers Experiencing Financial Difficulty	The following table shows, the amortized cost basis by class of loans receivable, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during 2023 (dollars in thousands): For the year ended December 31, 2023 Number of loans Amortized Cost Basis % of Total Class of Financing Receivable Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Real estate loans: Mortgages 1 $ 126 0.04 % Commercial 4 1,142 0.10 % Agricultural 3 688 0.22 % Other commercial loans 1 610 0.45 % Total 9 $ 2,566 Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Real estate loans: Mortgages 1 $ 315 0.10 % Commercial 3 261 0.02 % Other commercial loans 5 1,108 0.81 % Total 9 $ 1,684 The following table shows, by class of loans receivable, information regarding the financial effect on accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during 2023: Term Extension Loan Type Number of loans Financial Effect Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Real estate loans: Mortgages 1 Extended the loan maturity 4 months Commercial 4 Extended the weighted average loan maturity 4 months Agricultural 3 Extended the weighted average loan maturity 5 months Other commercial loans 1 Extended the loan maturity 60 months Total 9 Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Real estate loans: Mortgages 1 Extended the loan maturing 10 months Commercial 3 Extended the weighted average loan maturity 5 months Other commercial loans 5 Extended the weighted average loan maturity 13 months Total 9 There were no accruing or nonaccrual modified loans to borrowers experiencing financial difficulty for which there were payment defaults after the modification date for 2023. The following presents, by class of loans, the amortized cost and payment status of accruing and nonaccrual modified loans to borrowers experiencing financial difficulty at December 31, 2023 (in thousands): 30-89 Days 90 Days Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Current Past Due Or Greater Total Real estate loans: Mortgages $ 126 $ - $ - $ 126 Commercial 1,142 - - 1,142 Agricultural 688 - - 688 Other commercial loans 610 - - 610 Total $ 2,566 $ - $ - $ 2,566 30-89 Days 90 Days Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty Current Past Due Or Greater Total Real estate loans: Mortgages $ 315 $ - $ - $ 315 Commercial 261 - - 261 Other commercial loans 1,108 - - 1,108 Total $ 1,684 $ - $ - $ 1,684 Information presented in the table above is not required for periods prior to adoption of CECL. The following table presents the most comparable information for the prior period for troubled debt restructurings as of December 31, 2022 and 2021 (in thousands). Number of contracts Pre-modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment 2022 Interest Modification Term Modification Interest Modification Term Modification Interest Modification Term Modification Real estate loans: Home Equity - 1 $ - $ 8 $ - $ 8 Commercial - 4 - 2,301 - 2,301 Agricultural - 2 - 1,137 - 1,137 Total - 7 $ - $ 3,446 $ - $ 3,446 2021 Real estate loans: Commercial - 4 $ - $ 1,469 $ - $ 1,469 Agricultural - 4 - 2,090 - 2,090 Total - 8 $ - $ 3,559 $ - $ 3,559

PREMISES & EQUIPMENT (Tables)

PREMISES & EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2023
PREMISES & EQUIPMENT [Abstract]
Summary of Premises and Equipment	Premises and equipment at December 31, 2023 and 2022 are summarized as follows (in thousands): December 31, 2023 2022 Land $ 5,839 $ 5,667 Buildings 22,948 20,997 Furniture, fixtures and equipment 8,499 7,512 Construction in process 1,921 151 39,207 34,327 Less: accumulated depreciation 17,823 16,708 Premises and equipment, net $ 21,384 $ 17,619

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2023
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]
Gross Carrying Value and Accumulated Amortization of Intangible Assets	The following table provides the gross carrying value and accumulated amortization of intangible assets as of December 31, 2023 and 2022 (in thousands): December 31, 2023 December 31, 2022 Gross carrying value Accumulated amortization Net carrying value Gross carrying value Accumulated amortization Net carrying value Amortized intangible assets (1): MSRs $ 2,457 $ (1,502 ) $ 955 $ 2,336 $ (1,362 ) $ 974 Core deposit intangibles 4,713 (2,018 ) 2,695 1,943 (1,645 ) 298 Total amortized intangible assets $ 7,170 $ (3,520 ) $ 3,650 $ 4,279 $ (3,007 ) $ 1,272 Unamortized intangible assets: Goodwill $ 85,758 $ 31,376 (1) Excludes fully amortized intangible assets
Future Amortization Expense for Amortized Intangible Assets	The following table provides the current year and estimated future amortization expense for the next five years of amortized intangible assets (in thousands). We based our projections of amortization expense shown below on existing asset balances at December 31, 2023. Future amortization expense may vary from these projections: MSRs Core deposit intangibles Total Year ended December 31, 2023 $ 301 $ 373 $ 674 Estimate for year ended December 31, 2024 280 564 844 2025 228 478 706 2026 177 395 572 2027 120 339 459 2028 71 284 355 2029 and thereafter 79 635 714 Total 955 2,695 3,650

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2023
DEPOSITS [Abstract]
Deposits	The following table shows the breakdown of deposits as of December 31, 2023 and 2022, by deposit type (in thousands): 2023 2022 Non-interest-bearing deposits $ 523,784 $ 396,260 NOW accounts 670,712 512,502 Savings deposits 307,357 321,917 Money market deposit accounts 400,154 335,838 Certificates of deposit 419,474 277,691 Total $ 2,321,481 $ 1,844,208
Maturities of Certificates of Deposit	Following are maturities of certificates of deposit as of December 31, 2023 (in thousands): 2024 $ 263,074 2025 87,829 2026 34,410 2027 17,250 2028 13,705 Thereafter 3,206 Total certificates of deposit $ 419,474

BORROWED FUNDS AND REPURCHASE_2

BORROWED FUNDS AND REPURCHASE AGREEMENTS (Tables)	12 Months Ended
	Dec. 31, 2023
BORROWED FUNDS AND REPURCHASE AGREEMENTS [Abstract]
Borrowed Funds	The following table shows the breakdown of borrowed funds as of December 31, 2023 and 2022 (dollars in thousands): Weighted average interest rate: 2023 Balance at December 31 Highest balance at any month-end Average balance Paid during the year As of year- end Securities Sold Under Agreements to Repurchases (a) $ 18,043 $ 18,184 $ 17,425 4.92 % 5.10 % FHLB Advances(b) 135,841 234,310 192,399 5.43 % 5.68 % Bank Federal Funds Lines (c) - - - 6.53 % 0.00 % FRB BIC Line (d) - - 29 5.24 % 0.00 % Line of Credit (e) 12,572 17,500 5,880 8.48 % 8.50 % FRB Term Funding Program (f) 20,000 20,000 329 4.84 % 4.84 % Other Borrowings (g) 10,860 14,160 7,390 5.35 % 5.33 % Subordinated Debt (h) 18,933 18,933 14,745 5.50 % 6.30 % Notes Payable (i) 7,500 7,500 7,500 3.65 % 3.65 % Term Loans (j) 98,287 117,775 80,908 2.30 % 4.94 % Total Borrowed Funds $ 322,036 $ 448,362 $ 326,605 4.64 % 5.46 % Weighted average interest rate: 2022 Balance at December 31 Highest balance at any month-end Average balance Paid during the year As of year- end Securities Sold Under Agreements to Repurchases (a) $ 17,776 $ 17,776 $ 16,246 1.95 % 4.13 % FHLB Advances(b) 169,110 171,047 69,571 3.50 % 4.45 % Bank Federal Funds Lines (c) - - 3 1.99 % 0.00 % FRB BIC Line (d) - - 49 1.76 % 0.00 % Line of Credit (e) - - - 0.00 % 0.00 % FRB Term Funding Program (f) - - - 0.00 % 0.00 % Other Secured Borrowings (g) - - - 0.00 % 0.00 % Subordinated Debt (h) 9,892 9,892 9,885 4.18 % 4.18 % Notes Payable (i) 7,500 7,500 7,500 3.63 % 3.57 % Term Loans (j) 53,000 53,000 46,407 1.00 % 1.00 % Total Borrowed Funds $ 257,278 $ 259,215 $ 149,661 2.61 % 3.66 %
Remaining Contractual Maturity of Repurchase Agreements	Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than 2023 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 19,490 $ - $ - $ - $ 19,490 Total carrying value of collateral pledged $ 19,490 $ - $ - $ - $ 19,490 Total liability recognized for repurchase agreements $ 18,043 Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than 2022 Continuous 30 Days 30 - 90 Days 90 days Total Repurchase Agreements: U.S. agency securities $ 20,371 $ - $ - $ - $ 20,371 Total carrying value of collateral pledged $ 20,371 $ - $ - $ - $ 20,371 Total liability recognized for repurchase agreements $ 17,776
Federal Home Loan Bank Loans by Branch	December 31, December 31, Interest Rate Maturity 2023 2022 Fixed: 5.73 % January 2, 2024 25,000 - 5.64 % February 14, 2024 18,000 - 2.46 % March 28, 2024 5,000 5,000 1.70 % August 20, 2024 5,000 5,000 4.75 % November 11, 2024 5,000 - 4.47 % May 12, 2025 10,000 - 4.32 % November 12, 2025 5,000 - 5.03 % July 7, 2025 25,287 - 3.86 % January 3, 2023 - 25,000 4.57 % February 14, 2023 - 18,000 Total term loans $ 98,287 $ 53,000
Maturities of Borrowed Funds	Following are maturities of borrowed funds as of December 31, 2023 (in thousands): 2024 $ 255,316 2025 40,287 2026 - 2027 - 2028 - Thereafter 26,433 Total borrowed funds $ 322,036

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2023
EMPLOYEE BENEFIT PLANS [Abstract]
Obligation and Net Funded Status	The following table sets forth the obligation and funded status of the pension plan as of December 31 (in thousands): 2023 2022 Change in benefit obligation Benefit obligation at beginning of year $ 9,324 $ 13,123 Service cost 306 356 Interest cost 433 275 Actuarial (Gain) / Loss 280 (3,230 ) Settlement gain - (37 ) Benefits paid (787 ) (1,163 ) Benefit obligation at end of year 9,556 9,324 Change in plan assets Fair value of plan assets at beginning of year 11,335 13,916 Actual return (loss) on plan assets 1,114 (1,418 ) Employer contribution - - Benefits paid (787 ) (1,163 ) Fair value of plan assets at end of year 11,662 11,335 Funded status $ 2,106 $ 2,011
Components of Net Periodic Pension Cost not yet recognized	Amounts not yet recognized as a component of net periodic pension cost as of December 31 (in thousands): Amounts recognized in accumulated other comprehensive loss consists of: 2023 2022 Net loss $ 1,231 $ 1,336 Prior service cost - - Total $ 1,231 $ 1,336
Components of Net Periodic Benefit Costs	The components of net periodic benefit costs for the years ended December 31 are as follows (in thousands): 2023 2022 2021 Service cost $ 306 $ 356 $ 380 Interest cost 433 275 270 Return on plan assets (769 ) (935 ) (895 ) Settlement loss (gain) - 144 235 Net amortization and deferral 41 96 336 Net periodic benefit (income) cost $ 11 $ (64 ) $ 326
Weighted-average Assumptions used to Determine Benefit Obligations and Net Periodic Benefit Cost (Income)	The weighted-average assumptions used to determine benefit obligations at December 31, 2023, 2022 and 2021 is summarized in the following table. The change in the discount rate is the primary driver of the actuarial gain that occurred in 2023 of $280,000. 2023 2022 2021 Discount rate FCCB Plan 4.50 % 4.75 % 2.25 % Rate of compensation increase 3.00 % 3.00 % 3.00 % The weighted-average assumptions used to determine net periodic benefit cost (income) for the year ended December 31, 2023, 2022 and 2021 is summarized in the following table. 2023 2022 2021 Discount rate FCCB Plan 4.75 % 2.25 % 2.00 % Expected long-term return on plan assets FCCB plan 7.00 % 7.00 % 7.00 % Rate of compensation increase 3.00 % 3.00 % 3.00 %
Fair Value of Plan Assets	The long-term rate of return on plan assets gives consideration to returns currently being earned on plan assets as well as future rates expected to be earned. The investment objective is to maximize total return consistent with the interests of the participants and beneficiaries, and prudent investment management. The allocation of the pension plan assets is determined on the basis of sound economic principles and is continually reviewed in light of changes in market conditions. Asset allocation favors equity securities, with a target allocation of 50-70%. The target allocation for debt securities is 30-50%. At December 31, 2023, the pension plan had a sufficient cash and money market position in order to re-allocate the equity portfolio for diversification purposes and reduce risk in the total portfolio. The following table sets forth by level, within the fair value hierarchy as defined in footnote 21, the Plan’s assets at fair value as of December 31, 2023 and 2022 (dollars in thousands): 2023 Level I Level II Level III Total Allocation Assets Cash and cash equivalents $ 380 $ - $ - $ 380 3.3 % Equity Securities 5,638 - - 5,638 48.3 % Mutual Funds and ETF’s 3,428 - - 3,428 29.4 % Corporate Bonds - 2,167 - 2,167 18.6 % U.S. Agency Securities - 49 - 49 0.4 % Total $ 9,446 $ 2,216 $ - $ 11,662 100.0 % 2022 Level I Level II Level III Total Allocation Assets Cash and cash equivalents $ 431 $ - $ - $ 431 3.8 % Equity Securities 5,391 - - 5,391 47.6 % Mutual Funds and ETF’s 3,322 - - 3,322 29.3 % Corporate Bonds - 2,143 - 2,143 18.9 % U.S. Agency Securities - 48 - 48 0.4 % Total $ 9,144 $ 2,191 $ - $ 11,335 100.0 %
Expected Future Benefit Payments	The Bank does not expect to make a contribution to its pension plan in 2024. Expected future benefit payments that the Bank estimates from its pension plan are as follows (in thousands): 2024 $ 515 2025 842 2026 1,854 2027 1,176 2028 636 2029 2033 4,789
Vesting, Awarding and Forfeiting of Restricted Shares	The Company maintains a Restricted Stock Plan (the Plan) whereby employees and non-employee corporate directors are eligible to receive awards of restricted stock based upon performance related requirements. Awards granted under the Plan are in the form of the Company’s common stock and maybe subject to certain vesting requirements including in the case of employees, continuous employment or service with the Company. In April 2016, the Company’s stockholder authorized a total of 150,000 shares of the Company’s common stock to be made available under the Plan. As of December 31, 2023, 112,563 shares remain available to be issued under the Plan. The Plan assists the Company in attracting, retaining and motivating employees to make substantial contributions to the success of the Company and to increase the emphasis on the use of equity as a key component of compensation. The following table details the vesting, awarding and forfeiting of unearned restricted shares during 2023: 2023 Shares Weighted Average Market Price Outstanding, beginning of year 6,622 $ 58.51 Granted 3,495 77.77 Forfeited (213 ) 63.12 Vested (3,197 ) 61.69 Outstanding, end of year 6,707 $ 71.94

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
INCOME TAXES [Abstract]
Provision for Income Taxes	The provision for income taxes consists of the following (in thousands): Year Ended December 31, 2023 2022 2021 Currently payable $ 3,109 $ 6,471 $ 5,510 Deferred tax liability (asset) 595 (36 ) 689 Provision for income taxes $ 3,704 $ 6,435 $ 6,199
Deferred Tax Assets and Liabilities	The following temporary differences gave rise to the net deferred tax asset and liabilities at December 31, 2023 and 2022, respectively (in thousands): 2023 2022 Deferred tax assets: Allowance for credit losses $ 5,868 $ 4,581 Deferred compensation 597 559 Merger & acquisition costs - 1 Allowance for losses on available-for-sale securities 147 9 Pension and other retirement obligation 166 146 Interest on non-accrual loans 1,263 974 Incentive plan accruals 662 503 Other real estate owned 16 32 Unrealized losses on available-for-sale securities 7,506 9,972 Low income housing tax credits 44 138 NOL carry forward 2,468 1,134 Unrealized losses on equity securities 24 - Non-PCD loan interest rate 4,795 - Right of use asset 2,349 1,053 Accrued vacation 281 157 Other 428 164 Total $ 26,614 $ 19,423 Deferred tax liabilities: Premises and equipment $ (679 ) $ (492 ) Investment securities accretion (432 ) (240 ) Loan fees and costs (859 ) (685 ) Goodwill and core deposit intangibles (2,889 ) (2,332 ) Mortgage servicing rights (201 ) (205 ) Unrealized gains on equity securities - (16 ) Unrealized gains on interest rate swap (1,143 ) (1,443 ) Borrowings fair value adjustment (511 ) - Lease liability (2,334 ) (1,047 ) Other (227 ) (77 ) Total (9,275 ) (6,537 ) Deferred tax asset, net $ 17,339 $ 12,886
Reconciliation of Statutory Tax Rates to Effective Tax Rates	The total provision for income taxes is different from that computed at the statutory rates due to the following items (dollars in thousands): Year Ended December 31, 2023 2022 2021 Provision at statutory rates on pre-tax income $ 4,514 $ 7,450 $ 7,413 Effect of tax-exempt income (895 ) (835 ) (764 ) Low income housing tax credits (585 ) (141 ) (141 ) Low income housing expense 399 - - Bank owned life insurance (263 ) (179 ) (384 ) Nondeductible interest 251 74 44 Nondeductible merger and acquisition expenses 247 61 - Change in tax rate - - - Other items 36 5 31 Provision for income taxes $ 3,704 $ 6,435 $ 6,199 Statutory tax rates 21 % 21 % 21 % Effective tax rates 17.2 % 18.1 % 17.6 %

AFFORDABLE HOUSING PROJECTS T_2

AFFORDABLE HOUSING PROJECTS TAX CREDIT PARTNERSHIPS (Tables)	12 Months Ended
	Dec. 31, 2023
AFFORDABLE HOUSING PROJECTS TAX CREDIT PARTNERSHIPS [Abstract]
Expected Payments for Unfunded Affordable Housing Commitments	As of December 31, 2023, the expected payments for unfunded affordable housing commitments were as follows (dollars in thousands): 2024 $ 4,063 2025 2,169 2026 124 2027 19 2028 19 Thereafter 136 $ 6,530
Tax Credits and Other Tax Benefits Recognized and Amortization Expense	The following table presents tax credits and other tax benefits recognized and amortization expense related to affordable housing for the years ended December 31, 2023, December 31, 2022, and December 31, 2021 (dollars in thousands). 2023 2022 2021 Effective Yield Method Tax credits and other tax benefits recognized $ - $ 141 $ 141 Amortization Expense in other expense - 108 108 Proportional Amortization Method Tax credits and other tax benefits recognized 948 - - Amortization Expense in Provision for Income Taxes 762 - -

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)	12 Months Ended
	Dec. 31, 2023
Accumulated Other Comprehensive Loss [Abstract]
Changes in Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax	The components of accumulated other comprehensive income (loss), net of tax, as of December 31, were as follows (in thousands): 2023 2022 Net unrealized loss on securities available for sale $ (35,743 ) $ (47,487 ) Tax effect 7,505 9,973 Net -of-tax amount (28,238 ) (37,514 ) Unrealized gain on interest rate swaps 5,441 6,873 Tax effect (1,142 ) (1,444 ) Net -of-tax amount 4,299 5,429 Unrecognized pension costs (1,231 ) (1,336 ) Tax effect 259 280 Net -of-tax amount (972 ) (1,056 ) Total accumulated other comprehensive loss $ (24,911 ) $ (33,141 ) The following tables present the changes in accumulated other comprehensive income (loss) by component net of tax for the years ended December 31, 2023, 2022 and 2021 (in thousands): Unrealized gain (loss) on available for sale securities (a) Unrealized gain (loss) on interest rate swap (a) Defined Benefit Pension Items (a) Total Balance as of December 31, 2020 $ 6,058 $ (9 ) $ (3,462 ) $ 2,587 Other comprehensive income (loss) before reclassifications (net of tax) (5,586 ) 1,403 1,229 (2,954 ) Amounts reclassified from accumulated other comprehensive income (loss) (net of tax) (168 ) 115 265 212 Net current period other comprehensive income (loss) (5,754 ) 1,518 1,494 (2,742 ) Balance as of December 31, 2021 $ 304 $ 1,509 $ (1,968 ) $ (155 ) Balance as of December 31, 2021 $ 304 $ 1,509 $ (1,968 ) $ (155 ) Other comprehensive income (loss) before reclassifications (net of tax) (37,829 ) 4,034 836 (32,959 ) Amounts reclassified from accumulated other comprehensive income (loss) (net of tax) 11 (114 ) 76 (27 ) Net current period other comprehensive income (loss) (37,818 ) 3,920 912 (32,986 ) Balance as of December 31, 2022 $ (37,514 ) $ 5,429 $ (1,056 ) $ (33,141 ) Balance as of December 31, 2022 $ (37,514 ) $ 5,429 $ (1,056 ) $ (33,141 ) Other comprehensive income (loss) before reclassifications (net of tax) 9,237 610 52 9,899 Amounts reclassified from accumulated other comprehensive income (loss) (net of tax) 39 (1,740 ) 32 (1,669 ) Net current period other comprehensive income (loss) 9,276 (1,130 ) 84 8,230 Balance as of December 31, 2023 $ (28,238 ) $ 4,299 $ (972 ) $ (24,911 ) (a) Amounts in parentheses indicate debits
Significant Amounts Reclassified out of each Component of Accumulated Other Comprehensive Loss	The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive loss for the years ended December 31, 2023, 2022 and 2021 (in thousands): Details about accumulated other comprehensive income (loss) Amount reclassified from accumulated comprehensive income (loss) (a) Affected line item in the Consolidated Statement of Income December 31, 2023 2022 2021 Unrealized gains and losses on available for sale securities $ (51 ) $ (14 ) $ 212 Available for sale securities (losses) gains, net 12 3 (44 ) Provision for income taxes $ (39 ) $ (11 ) $ 168 Net of tax Unrealized gain (loss) on interest rate swap $ 2,203 $ 145 $ (147 ) Interest expense (463 ) (31 ) 32 Provision for income taxes $ 1,740 $ 114 $ (115 ) Net of tax Defined benefit pension items $ (41 ) $ (96 ) $ (336 ) Other expenses 9 20 71 Provision for income taxes $ (32 ) $ (76 ) $ (265 ) Net of tax Total reclassifications $ 1,669 $ 27 $ (212 ) (a) Amounts in parentheses indicate debits

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2023
RELATED PARTY TRANSACTIONS [Abstract]
Summary of Loan Activity with Officers, Directors, Stockholders and Associates	Certain executive officers and directors of the Company, or companies in which they have 10 percent or more beneficial ownership, were indebted to the Bank. A summary of loan activity for the years ended December 31, 2023 and 2022 with officers, directors, stockholders and associates of such persons is listed below (in thousands): Year Ended December 31, 2023 2022 Balance, beginning of year $ 9,592 $ 11,680 New loans 7,786 5,199 Repayments (4,463 ) (7,287 ) Balance, end of year $ 12,915 $ 9,592 Letter of credit $ 1,663 $ -

REGULATORY MATTERS (Tables)

REGULATORY MATTERS (Tables)	12 Months Ended
	Dec. 31, 2023
REGULATORY MATTERS [Abstract]
Capital Ratios under Banking Regulations	The following table provides the Bank’s computed risk‑based capital ratios as of December 31, 2022, which reflects the Bank being well capitalized on that date (dollars in thousands): Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions 2022 Amount Ratio Amount Ratio Amount Ratio Total Capital (to Risk Weighted Assets): Company $ 238,966 12.87 % $ 148,567 8.00 % $ 185,709 10.00 % Bank $ 222,714 12.01 % $ 148,348 8.00 % $ 185,435 10.00 % Tier 1 Capital (to Risk Weighted Assets): Company $ 210,250 11.32 % $ 111,425 6.00 % $ 148,567 8.00 % Bank $ 203,998 11.00 % $ 111,261 6.00 % $ 148,348 8.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets): Company $ 202,750 10.92 % $ 83,569 4.50 % $ 120,711 6.50 % Bank $ 203,998 11.00 % $ 83,446 4.50 % $ 120,533 6.50 % Tier 1 Capital (to Average Assets): Company $ 210,250 9.03 % $ 93,161 4.00 % $ 116,451 5.00 % Bank $ 203,998 8.77 % $ 93,075 4.00 % $ 116,344 5.00 %

COMMITMENTS, CONTINGENT LIABI_2

COMMITMENTS, CONTINGENT LIABILITIES, RISKS AND UNCERTAINTIES (Tables)	12 Months Ended
	Dec. 31, 2023
COMMITMENTS, CONTINGENT LIABILITIES, RISKS AND UNCERTAINTIES [Abstract]
Financial Instruments whose Contract Amounts Represent Credit Risk	The Company’s exposure to credit loss from nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual amount of these instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Financial instruments, whose contract amounts represent credit risk at December 31, 2023 and 2022, are as follows (in thousands): 2023 2022 Commitments to extend credit $ 546,006 $ 437,449 Standby letters of credit 18,682 15,972 $ 564,688 $ 453,421

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2023
Derivative Fair Value [Abstract]
Effect of Fair Value and Cash Flow Hedge Accounting on AOCI	The following table presents the effect of the Company’s cash flow hedge accounting on Accumulated Other Comprehensive Income for the years ended December 31, 2023 and 2022 (in thousands): The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income Amount of (Loss) Gain Recognized in OCI on Derivatives Location of Gain Reclassified from Accumulated OCI Amount of (loss) gain reclassified from Accumulated OCI into income Year Ended December 31, Year Ended December 31, Derivatives in Hedging relationships 2023 2022 2023 2022 Interest rate Products $ (1,431 ) $ 4,963 Interest Expense $ 2,203 $ 145
Derivatives Designated as Hedging Instruments Under ASC 815 [Member]
Derivative Fair Value [Abstract]
Estimated Fair Value Positions of Derivative Contracts	Derivatives designated as hedging instruments under ASC 815 (in thousands): Fair Value December 31, Third party interest rate swaps Balance Sheet Location Notional Amount Interest rate Paid Interest rate Received 2023 2022 Maturing in 2025 Fair value of derivative instruments - asset $ 15,000 Fixed - 0.57% Compounded Overnight SOFR + 26.161 $ 887 $ 1,269 Maturing in 2027 Fair value of derivative instruments - asset 10,000 Fixed - 0.65% Compounded Overnight SOFR + 26.161 1,009 1,324 Maturing in 2027 Fair value of derivative instruments - asset 7,500 Fixed - 3.57% Compounded Overnight SOFR + 26.161+280 764 995 Maturing in 2027 Fair value of derivative instruments - asset 6,000 Fixed - 0.61% Compounded Overnight SOFR + 26.161 630 822 Maturing in 2029 Fair value of derivative instruments - asset 6,000 Fixed - 0.72% Compounded Overnight SOFR + 26.161 894 1,065 Maturing in 2032 Fair value of derivative instruments - asset 6,000 Fixed - 0.82% Compounded Overnight SOFR + 26.161 1,257 1,398 $ 50,500 $ 5,441 $ 6,873
Derivatives Not Designated as Hedging Instruments Under ASC 815 [Member]
Derivative Fair Value [Abstract]
Estimated Fair Value Positions of Derivative Contracts	Derivatives not designated as hedging instruments under ASC 815 (in thousands): December 31, 2023 December 31, 2022 Interest Rate Products Balance Sheet Location Notional Amount Fair Value Notional Amount Fair Value Zero Premium Collar (Fair value of derivative instruments - liability) $ 69,462 $ (7,922 ) $ 71,776 $ (9,726 ) IRLCs Fair value of derivative instruments - asset 21,225 324 - - Dealer Offset to Zero Premium Collar Fair value of derivative instruments - asset 69,462 7,922 71,776 9,726

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2023
LEASES [Abstract]
Right of Use Assets and Lease Liabilities	The following table represents the Consolidated Balance Sheet classification of the Company’s ROU assets and lease liabilities (in thousands). The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), on the Consolidated Balance Sheet. Balance at December 31, Lease Type 2023 2022 Affected line item on the Consolidated Balance Sheet Right of Use Assets Operating $ 11,116 $ 4,987 Other Assets Lease Liabilities: Operating $ 11,188 $ 5,016 Other Liabilities
Weighted Average Remaining Lease Term and Discount Rate	The calculated amount of the ROU assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception, the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. For operating leases existing prior to January 1, 2019, the rate for the remaining lease term as of January 1, 2019 was used. For leases obtained as of the HVBC acquisition, the rate for the remaining lease term as of June 16, 2023 was used. The following table displays the weighted average remaining lease term and the weighted average discount rate for the Company’s operating leases outstanding as of December 31, 2023: Operating Weighted average term (years) 8.85 Weighted average discount rate 4.13 %
Lease Costs and Other Lease Information	The following table represents lease costs and other lease information for the years ended December 31, 2023, 2022, and 2021, respectively (in thousands). As the Company elected not to separate lease and non-lease components and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance and utilities. December 31, Lease Cost 2023 2022 2021 Operating lease cost $ 1,400 $ 728 $ 676 Variable lease cost 177 64 63 Total lease cost $ 1,577 $ 792 $ 739
Future Minimum Payments for Operating Leases with Initial or Remaining Terms of One Year or More	Future minimum payments for operating leases with initial or remaining terms of one year or more as of December 31, 2023 along with a reconciliation to the discounted amount recorded on the December 31, 2023 Consolidated Balance Sheet (in thousands): Undiscounted cash flows due within Operating 2024 1,785 2025 1,671 2026 1,621 2027 1,624 2028 1,537 2029 5,406 Total undiscounted cash flows 13,644 Impact of present value discount 2,456 Amount reported on balance sheet $ 11,188

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2023
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
Assets Measured at Fair Value on a Recurring Basis	The following tables present the assets reported on the consolidated balance sheet at their fair value on a recurring basis as of December 31, 2023 and 2022 (in thousands) by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. 2023 Level I Level II Level III Total Fair value measurements on a recurring basis: Assets Equity securities $ 1,938 $ - $ - $ 1,938 Available for sale securities: U.S. Agency securities - 60,771 - 60,771 U.S. Treasuries securities 143,288 - - 143,288 Obligations of state and political subdivisions - 101,787 - 101,787 Corporate obligations - 12,403 - 12,403 Mortgage-backed securities in government sponsored entities - 99,352 - 99,352 Other Assets Derivative instruments - 13,363 324 13,687 Liabilities Derivative instruments - (7,922 ) - (7,922 ) 2022 Level I Level II Level III Total Fair value measurements on a recurring basis: Assets Equity securities $ 2,208 $ - $ - $ 2,208 Available for sale securities: U.S. Agency securities - 70,677 - 70,677 U.S. Treasuries securities 148,570 - - 148,570 Obligations of state and political subdivisions - 110,300 - 110,300 Corporate obligations - 9,383 - 9,383 Mortgage-backed securities in government sponsored entities - 100,576 - 100,576 Other Assets Derivative instruments - 16,599 - 16,599 Liabilities Derivative instruments - (9,726 ) - (9,726 )
Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)	The following tables represent assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) at December 31, 2023: Level 3 IRLC - Asset IRLC - Liability Beginning Balance: June 16, 2023 $ 657 $ - Total gains (losses) (unrealized): Included in other comprehensive loss - - Total (loss) gains included in earnings and held at reporting date (333 ) - Purchases, sales and settlements - - Transfers out of Level 3 - - Ending Balance December 31, 2023 $ 324 $ - Change in unrealized (losses) gains for the period included in earnings (or changes in net assets) for assets held as of December 31, 2023 $ (333 ) - Change in unrealized losses for the period included other comprehensive loss for assets held as of December 31, 2023 $ - -
Assets Measured at Fair Value on Non-recurring Basis	Assets measured at fair value on a nonrecurring basis as of December 31, 2023 and 2022 (in thousands) are included in the table below: 2023 Level I Level II Level III Total Collateral-dependent loans $ - $ - $ 3,885 $ 3,885 Other real estate owned - - 97 97 2022 Level I Level II Level III Total Impaired loans $ - $ - $ 496 $ 496 Other real estate owned - - 297 297
Significant Unobservable Inputs Used in Fair Value Measurement Process	Significant unobservable inputs for assets and liabilities measured at fair value on a recurring basis at December 31, 2023: Quantitative Information about Level 3 Fair Value Measurements 2023 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Measured at Fair Value on a Recurring Basis: Net derivative asset and liability: IRLC 324 Discounted cashflows Pull-though rates 63.63%-94.24 % 85.43 % The following table provides a listing of the significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques (dollars in thousands). 2023 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Collateral-dependent loans 3,885 Appraised Collateral Values Discount for time since appraisal 0-100% 29.32% Selling costs 8%-12% 10.20% Holding period 3 - 12 months 6.65 months Other real estate owned 97 Appraised Collateral Values Discount for time since appraisal 32% 32.00% 2022 Fair Value Valuation Technique(s) Unobservable input Range Weighted average Impaired loans 496 Appraised Collateral Values Discount for time since appraisal 0-100% 25.16% Selling costs 8%-10% 8.41% Holding period 6 - 12 months 11.51 months Other real estate owned 297 Appraised Collateral Values Discount for time since appraisal 20-84% 39.84%
Carrying Amount and Fair Value of Financial Instruments	The carrying amount and fair value of the Company’s financial instruments that are not required to be measured or reported at fair value on a recurring basis are as follows (in thousands): December 31, 2023 Carrying Amount Fair Value Level I Level II Level III Financial assets: Interest bearing time deposits with other banks $ 4,070 $ 4,070 $ - $ - $ 4,070 Loans held for sale 9,379 9,379 - - 9,379 Net loans 2,227,683 2,126,237 - - 2,126,237 Financial liabilities: Deposits 2,321,481 2,315,374 1,902,007 - 413,367 Borrowed funds 322,036 313,217 - - 313,217 December 31, 2022 Carrying Amount Fair Value Level I Level II Level III Financial assets: Interest bearing time deposits with other banks $ 6,055 $ 6,055 $ - $ - $ 6,055 Loans held for sale 725 725 - - 725 Net loans 1,706,447 1,662,514 - - 1,662,514 Financial liabilities: Deposits 1,844,208 1,832,037 1,566,517 - 265,520 Borrowed funds 257,278 246,288 - - 246,288

CONDENSED FINANCIAL INFORMATI_2

CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY (Tables)	12 Months Ended
	Dec. 31, 2023
CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY [Abstract]
Condensed Financial Information	The following is condensed financial information for Citizens Financial Services, Inc.: CITIZENS FINANCIAL SERVICES, INC. CONDENSED BALANCE SHEET December 31, (in thousands) 2023 2022 Assets: Cash $ 1,685 $ 13,490 Investments 1,780 2,116 Investment in subsidiary: First Citizens Community Bank 313,381 200,610 Other assets 2,891 2,291 Total assets $ 319,737 $ 218,507 Liabilities: Other liabilities $ 1,066 $ 968 Borrowed funds 39,005 17,392 Total liabilities 40,071 18,360 Stockholders’ equity 279,666 200,147 Total liabilities and stockholders’ equity $ 319,737 $ 218,507 CITIZENS FINANCIAL SERVICES, INC. CONDENSED STATEMENT OF INCOME Year Ended December 31, (in thousands) 2023 2022 2021 Dividends from: Bank subsidiary $ 13,213 $ 8,331 $ 8,994 Equity securities 113 114 104 Interest income 20 6 - Total income 13,346 8,451 9,098 Realized securities gains (losses) (209 ) (219 ) 284 Expenses 3,130 1,307 1,008 Income before equity in undistributed earnings of subsidiary 10,007 6,925 8,374 Equity in undistributed earnings - First Citizens Community Bank 7,804 22,135 20,744 Net income $ 17,811 $ 29,060 $ 29,118 Comprehensive income (loss) $ 26,041 $ (3,926 ) $ 26,376 CITIZENS FINANCIAL SERVICES, INC. STATEMENT OF CASH FLOWS Year Ended December 31, (in thousands) 2023 2022 2021 Cash flows from operating activities: Net income $ 17,811 $ 29,060 $ 29,118 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiaries (7,804 ) (22,135 ) (20,744 ) Investment securities losses (gains), net 209 219 (284 ) Other, net (206 ) 240 543 Net cash provided by operating activities 10,010 7,384 8,633 Cash flows from investing activities: Purchases of equity securities - (218 ) - Proceeds from the sale of equity securities 127 33 - Investment in subsidiaries (15,000 ) - - Acquisition of HVB (10,780 ) - - Net cash used in investing activities (25,653 ) (185 ) - Cash flows from financing activities: Cash dividends paid (8,503 ) (7,588 ) (7,383 ) Issuance of subordinated debt - - 9,869 Issuance of short-term debt 12,572 - - Purchase of treasury stock (265 ) (1,279 ) (1,374 ) Sale of treasury stock to employee stock purchase plan 34 112 - Purchase of restricted stock - - - Net cash provided by (used in) financing activities 3,838 (8,755 ) 1,112 Net decrease in cash (11,805 ) (1,556 ) 9,745 Cash at beginning of year 13,490 15,046 5,301 Cash at end of year $ 1,685 $ 13,490 $ 15,046

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Business and Organization (Details)	12 Months Ended
	Dec. 31, 2023 Branch Center
Business and Organization [Abstract]
Number of full service banking offices | Branch	39
Number of mortgage centers | Center	4

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Operating Segments (Details)	12 Months Ended
	Dec. 31, 2023 Segment
Operating Segments [Abstract]
Number of operating segments	1

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Cash and Cash Equivalents (Details)	12 Months Ended
	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
Interest earning deposits maturity, Maximum for inclusion as cash equivalents	90 days

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Investment Securities (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) Security	Dec. 31, 2022 USD ($)
Investment Securities [Abstract]
Number of classifications of investment securities | Security	3
Held-to-maturity securities	$ 0	$ 0
Trading securities	0	$ 0
Accrued interest receivable on available-for-sale debt securities	$ 2,202
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable
Contractual payment of past due	90 days
Accrued interest receivable on loans held for investment	$ 8,512
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Allowance for Credit Losses on Off-Balance Sheet Credit Exposures (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Allowance for Loan Losses [Abstract]
Off balance sheet credit exposures	$ 1,265	$ 165	$ 165

SUMMARY OF SIGNIFICANT ACCOUN_9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Premises and Equipment (Details)	Dec. 31, 2023
Furniture, Fixtures and Equipment [Member] | Minimum [Member]
Premises and Equipment [Abstract]
Useful life	3 years
Furniture, Fixtures and Equipment [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Useful life	15 years
Building Premises [Member] | Minimum [Member]
Premises and Equipment [Abstract]
Useful life	5 years
Building Premises [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Useful life	40 years

SUMMARY OF SIGNIFICANT ACCOU_10

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Intangible Assets (Details)	Dec. 31, 2023
Core Deposits [Member]
Intangible Assets [Abstract]
Useful Life	10 years

SUMMARY OF SIGNIFICANT ACCOU_11

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Abstract]
Goodwill impairment loss	$ 0	$ 0	$ 0

SUMMARY OF SIGNIFICANT ACCOU_12

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Bank Owned Life Insurance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Bank Owned Life Insurance [Abstract]
Benefit in excess of the cash surrender value	50%
Obligation included in other liabilities	$ 610	$ 660
(Benefit)/expenses associated with split dollar benefit	(50)	$ (36)	$ 9
Minimum [Member]
Bank Owned Life Insurance [Abstract]
Cash surrender value	50
Maximum [Member]
Bank Owned Life Insurance [Abstract]
Cash surrender value	$ 100

SUMMARY OF SIGNIFICANT ACCOU_13

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Derivatives (Details)	12 Months Ended
	Dec. 31, 2023 Derivative
Derivatives [Abstract]
Number of types of derivatives	3

SUMMARY OF SIGNIFICANT ACCOU_14

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Advertising Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Advertising Costs [Abstract]
Advertising and promotion costs	$ 952	$ 970	$ 838

SUMMARY OF SIGNIFICANT ACCOU_15

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Accounting Pronouncements (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Allowance for Credit Loss [Abstract]
Retained earnings	$ 172,975	$ 164,922
Related to loans	(21,153)	(18,552)	$ (17,304)	$ (15,815)
Related to unfunded commitments	$ 1,265	165	$ 165
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Allowance for Credit Loss [Abstract]
Retained earnings		1,800
Related to loans		3,300
Related to unfunded commitments		$ 1,064

SUMMARY OF SIGNIFICANT ACCOU_16

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	$ 21,153	$ 18,552	$ 17,304	$ 15,815
Allowance for credit losses - off-balance sheet credit exposure	1,265	165	165
Real Estate Loans [Member] | Residential [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	2,354	1,056	1,147	1,174
Real Estate Loans [Member] | Commercial [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	9,178	10,120	8,099	6,216
Real Estate Loans [Member] | Agricultural [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	3,264	4,589	4,729	4,953
Real Estate Loans [Member] | Construction [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	1,950	801	434	122
Consumer [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	1,496	135	262	321
Other Commercial Loans [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	2,229	1,040	1,023	1,226
Other Agricultural Loans [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	270	489	558	864
State and Political Subdivision Loans [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	45	322	281	479
Unallocated [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses	$ 367	0	$ 771	$ 460
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		(3,300)
Allowance for credit losses - off-balance sheet credit exposure		1,064
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member] | Real Estate Loans [Member] | Residential [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		79
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member] | Real Estate Loans [Member] | Commercial [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		(3,070)
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member] | Real Estate Loans [Member] | Agricultural [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		(1,145)
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member] | Real Estate Loans [Member] | Construction [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		(103)
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member] | Consumer [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		1,040
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member] | Other Commercial Loans [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		(328)
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member] | Other Agricultural Loans [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		(219)
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member] | State and Political Subdivision Loans [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		(280)
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member] | Unallocated [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		726
As Reported [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		15,252
Allowance for credit losses - off-balance sheet credit exposure		1,229
As Reported [Member] | Real Estate Loans [Member] | Residential [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		1,135
As Reported [Member] | Real Estate Loans [Member] | Commercial [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		7,050
As Reported [Member] | Real Estate Loans [Member] | Agricultural [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		3,444
As Reported [Member] | Real Estate Loans [Member] | Construction [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		698
As Reported [Member] | Consumer [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		1,175
As Reported [Member] | Other Commercial Loans [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		712
As Reported [Member] | Other Agricultural Loans [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		270
As Reported [Member] | State and Political Subdivision Loans [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		42
As Reported [Member] | Unallocated [Member]
Impact of Change from Incurred Loss Model to Current Expected Credit Loss Model [Abstract]
Allowance for Credit Losses		$ 726

SUMMARY OF SIGNIFICANT ACCOU_17

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Basic earnings per share computation [Abstract]
Net income	$ 17,811	$ 29,060	$ 29,118
Weighted average common shares outstanding (in shares)	4,382,573	4,008,931	4,023,294
Earnings per share - basic (in dollars per share)	$ 4.06	$ 7.25	$ 7.24
Diluted earnings per share computation [Abstract]
Net income	$ 17,811	$ 29,060	$ 29,118
Weighted average common shares outstanding for basic earnings per share (in shares)	4,382,573	4,008,931	4,023,294
Add: Dilutive effects of restricted stock (in shares)	0	0	0
Weighted average common shares outstanding for dilutive earnings per share (in shares)	4,382,573	4,008,931	4,023,294
Earnings per share - dilutive (in dollars per share)	$ 4.06	$ 7.25	$ 7.24
Restricted Stock [Member]
Antidilutive Securities [Abstract]
Antidilutive restricted stock excluded from net income per share calculations (in shares)	4,623	5,458	5,494
Restricted Stock [Member] | Minimum [Member]
Antidilutive Securities [Abstract]
Antidilutive stock share price range (in dollars per share)	$ 56.81	$ 44.93	$ 44.93
Restricted Stock [Member] | Maximum [Member]
Antidilutive Securities [Abstract]
Antidilutive stock share price range (in dollars per share)	$ 83.38	$ 74.27	$ 63.19

ACQUISITION OF HV BANCORP, INC,

ACQUISITION OF HV BANCORP, INC, Summary (Details) $ / shares in Units, $ in Thousands		3 Months Ended	12 Months Ended
	Jun. 16, 2023 USD ($) $ / shares shares	Dec. 31, 2022 Office Branch $ / shares	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Acquisition of HV Bancorp, Inc [Abstract]
Cash			$ (4,905)	$ 0	$ 0
HV Bancorp, Inc. [Member]
Acquisition of HV Bancorp, Inc [Abstract]
Acquired outstanding equity interest percentage		100%		100%
Right to receive cash for each share of common stock (in dollars per share) | $ / shares		$ 30.5
Number of service branches | Branch		5
Number of mortgage production offices | Office		4
Number of business banking offices | Office		1
Total purchase of consideration amount	$ 76,665
Number of common shares issued for acquisition (in shares) | shares	693,858
Cash	$ 16,500
Share price (in dollars per share) | $ / shares	$ 86.67

ACQUISITION OF HV BANCORP, IN_2

ACQUISITION OF HV BANCORP, INC, Summary of Purchase of HVB Acquisition (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 16, 2023	Dec. 31, 2023	Dec. 31, 2022	Apr. 17, 2020
Fair Value of Liabilities Assumed [Abstract]
Goodwill		$ 85,758	$ 31,376
HV Bancorp, Inc. [Member]
Purchase Price Consideration in Common Stock [Abstract]
Citizens Financial Services, Inc. shares issued (in shares)	693,858
Value assigned to Citizens Financial Services, Inc. common share (in dollars per share)	$ 86.67
Purchase price assigned to HVBC common shares exchanged for Citizens Financial Services, Inc.	$ 60,137
Purchase Price Consideration - Cash for Common Stock [Abstract]
Purchase price assigned to HVBC's common shares exchanged for cash	13,112
Purchase Price Related to Cash Payout of Stock Options	3,416
Total Purchase Price	76,665
Net Assets Acquired [Abstract]
HV Bancorp, Inc shareholders' equity	40,630
Adjustments to Reflect Assets Acquired at Fair Value [Abstract]
Investments	31
Loans [Abstract]
Interest rate	(24,097)
General credit	(1,834)
Specific credit - PCD accrual	(277)
Specific credit - PCD non-accrual	(1,765)
Core deposit intangible	2,770
Owned premises	67
Other assets	(193)
Deferred tax assets	3,051
Fair Value of Liabilities Assumed [Abstract]
Time deposits	586
Borrowings	3,017
Other liabilities	297
Total fair value of identifiable net assets	22,283
Goodwill	$ 54,382	$ 54,382	$ 0	$ 0

ACQUISITION OF HV BANCORP, IN_3

ACQUISITION OF HV BANCORP, INC, Asset Acquired and Liability Assumed (Details) - USD ($) $ in Thousands	Jun. 16, 2023	Dec. 31, 2023	Dec. 31, 2022	Apr. 17, 2020
Fair Value of Liabilities Assumed [Abstract]
Goodwill		$ 85,758	$ 31,376
HV Bancorp, Inc. [Member]
Consideration Transferred [Abstract]
Total Purchase Price	$ 76,665
Fair Value of Assets Acquired [Abstract]
Cash and due from banks	18,017	18,017	0	$ 0
Investment securities	79,248	79,248	0	0
Loans held for sale	10,750
Loans	475,338	475,338	0	0
Premises and equipment	2,310	2,310	0	0
Intangible assets	2,972	2,972	0	0
Bank owned life insurance	10,387	10,387	0	0
Interest receivable	2,226	2,226	0	0
Deferred taxes	7,706	7,706	0	0
Other assets	18,213	18,213	0	0
Total non-cash assets acquired	627,167	663,532	0	0
Fair Value of Liabilities Assumed [Abstract]
Deposits	533,364
Borrowings	58,647	58,647	0	0
Accrued interest payable	885	885	0	0
Other liabilities	11,988	11,988	0	0
Total liabilities assumed	604,884	604,884	0	0
Total fair value of identifiable net assets	22,283
Goodwill	$ 54,382	$ 54,382	$ 0	$ 0
Maximum provisional period	12 months

ACQUISITION OF HV BANCORP, IN_4

ACQUISITION OF HV BANCORP, INC, Fair Value of Acquired PCD and Non-PCD Loans (Details) - USD ($) $ in Thousands		12 Months Ended
	Jun. 16, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounting for Acquired Loans [Abstract]
Unpaid principal balance			$ 14,653
Day 1 Provision for Credit Losses- Non-PCD Loans		$ 4,591	0	$ 0
Real Estate Loans [Member] | Home Equity [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance			71
Real Estate Loans [Member] | Commercial [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance			6,655
Consumer [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance			4
Other Commercial Loans [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance			$ 797
HV Bancorp, Inc. [Member]
Accounting for Acquired Loans [Abstract]
Loans acquired	$ 506,900
HV Bancorp, Inc. [Member] | PCD Acquired Loans [Member]
Accounting for Acquired Loans [Abstract]
Loans acquired	$ 18,000
Loans acquired percentage	3.60%
Unpaid principal balance	$ 18,041
PCD Allowance for Credit Loss at Acquisition	(1,689)
(Discount) Premium on Acquired Loans	(1,123)
Fair Value of Loans at Acquisition	15,229
HV Bancorp, Inc. [Member] | Acquisition Day 1 Non-PCD [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	488,852
(Discount) Premium on Acquired Loans	(28,743)
Fair Value of Loans at Acquisition	460,109
Day 1 Provision for Credit Losses- Non-PCD Loans	4,591
HV Bancorp, Inc. [Member] | Real Estate Loans [Member] | Mortgages [Member] | PCD Acquired Loans [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	2,398
PCD Allowance for Credit Loss at Acquisition	(108)
(Discount) Premium on Acquired Loans	0
Fair Value of Loans at Acquisition	2,290
HV Bancorp, Inc. [Member] | Real Estate Loans [Member] | Mortgages [Member] | Acquisition Day 1 Non-PCD [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	155,799
(Discount) Premium on Acquired Loans	(17,506)
Fair Value of Loans at Acquisition	138,293
Day 1 Provision for Credit Losses- Non-PCD Loans	1,015
HV Bancorp, Inc. [Member] | Real Estate Loans [Member] | Home Equity [Member] | PCD Acquired Loans [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	34
PCD Allowance for Credit Loss at Acquisition	0
(Discount) Premium on Acquired Loans	(4)
Fair Value of Loans at Acquisition	30
HV Bancorp, Inc. [Member] | Real Estate Loans [Member] | Home Equity [Member] | Acquisition Day 1 Non-PCD [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	2,165
(Discount) Premium on Acquired Loans	(55)
Fair Value of Loans at Acquisition	2,110
Day 1 Provision for Credit Losses- Non-PCD Loans	15
HV Bancorp, Inc. [Member] | Real Estate Loans [Member] | Commercial [Member] | PCD Acquired Loans [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	4,774
PCD Allowance for Credit Loss at Acquisition	(39)
(Discount) Premium on Acquired Loans	(507)
Fair Value of Loans at Acquisition	4,228
HV Bancorp, Inc. [Member] | Real Estate Loans [Member] | Commercial [Member] | Acquisition Day 1 Non-PCD [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	203,638
(Discount) Premium on Acquired Loans	(9,226)
Fair Value of Loans at Acquisition	194,412
Day 1 Provision for Credit Losses- Non-PCD Loans	1,968
HV Bancorp, Inc. [Member] | Real Estate Loans [Member] | Construction [Member] | PCD Acquired Loans [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	4,278
PCD Allowance for Credit Loss at Acquisition	(37)
(Discount) Premium on Acquired Loans	(293)
Fair Value of Loans at Acquisition	3,948
HV Bancorp, Inc. [Member] | Real Estate Loans [Member] | Construction [Member] | Acquisition Day 1 Non-PCD [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	76,703
(Discount) Premium on Acquired Loans	(1,420)
Fair Value of Loans at Acquisition	75,283
Day 1 Provision for Credit Losses- Non-PCD Loans	747
HV Bancorp, Inc. [Member] | Consumer [Member] | PCD Acquired Loans [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	1,343
PCD Allowance for Credit Loss at Acquisition	(677)
(Discount) Premium on Acquired Loans	(271)
Fair Value of Loans at Acquisition	395
HV Bancorp, Inc. [Member] | Consumer [Member] | Acquisition Day 1 Non-PCD [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	2,794
(Discount) Premium on Acquired Loans	(222)
Fair Value of Loans at Acquisition	2,572
Day 1 Provision for Credit Losses- Non-PCD Loans	159
HV Bancorp, Inc. [Member] | Other Commercial Loans [Member] | PCD Acquired Loans [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	5,214
PCD Allowance for Credit Loss at Acquisition	(828)
(Discount) Premium on Acquired Loans	(48)
Fair Value of Loans at Acquisition	4,338
HV Bancorp, Inc. [Member] | Other Commercial Loans [Member] | Acquisition Day 1 Non-PCD [Member]
Accounting for Acquired Loans [Abstract]
Unpaid principal balance	47,753
(Discount) Premium on Acquired Loans	(314)
Fair Value of Loans at Acquisition	47,439
Day 1 Provision for Credit Losses- Non-PCD Loans	$ 687

ACQUISITION OF HV BANCORP, IN_5

ACQUISITION OF HV BANCORP, INC, Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jun. 16, 2023
Intangible Assets [Abstract]
Gross carrying value	[1]	$ 7,170	$ 4,279
Accumulated amortization	[1]	(3,520)	(3,007)
Estimated Amortization Expense [Abstract]
Amortization for the period 6/16/23-12/31/23		844
2024		706
2025		572
2026		459
2027		355
Net carrying value	[1]	3,650	1,272
Merger and acquisition		9,269	292	$ 0
Mortgage Servicing Rights (MSRs) [Member]
Intangible Assets [Abstract]
Gross carrying value	[1]	2,457	2,336
Accumulated amortization	[1]	(1,502)	(1,362)
Estimated Amortization Expense [Abstract]
Amortization for the period 6/16/23-12/31/23		280
2024		228
2025		177
2026		120
2027		71
Net carrying value	[1]	955	974
Core Deposit Intangibles [Member]
Intangible Assets [Abstract]
Gross carrying value	[1]	4,713	1,943
Accumulated amortization	[1]	(2,018)	(1,645)
Estimated Amortization Expense [Abstract]
Amortization for the period 6/16/23-12/31/23		564
2024		478
2025		395
2026		339
2027		284
Net carrying value	[1]	2,695	$ 298
HV Bancorp, Inc. [Member]
Intangible Assets [Abstract]
Goodwill and other intangibles					$ 57,354
Estimated Amortization Expense [Abstract]
Amortization for the period 6/16/23-12/31/23		285
2024		530
2025		479
2026		422
2027		348
2028		278
2029 and thereafter		630
Net carrying value		2,687
HV Bancorp, Inc. [Member] | Mortgage Servicing Rights (MSRs) [Member]
Intangible Assets [Abstract]
Gross carrying value		202
Accumulated amortization		(33)
Estimated Amortization Expense [Abstract]
Amortization for the period 6/16/23-12/31/23		33
2024		52
2025		51
2026		44
2027		21
2028		1
2029 and thereafter		0
Net carrying value		169
HV Bancorp, Inc. [Member] | Core Deposit Intangibles [Member]
Intangible Assets [Abstract]
Gross carrying value		2,770
Accumulated amortization		(252)
Estimated Amortization Expense [Abstract]
Amortization for the period 6/16/23-12/31/23		252
2024		478
2025		428
2026		378
2027		327
2028		277
2029 and thereafter		630
Net carrying value		$ 2,518
[1] Excludes fully amortized intangible assets

ACQUISITION OF HV BANCORP, IN_6

ACQUISITION OF HV BANCORP, INC, Pro Forma Information (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pro Forma Information [Abstract]
Net interest income		$ 80,260	$ 72,134	$ 66,112
Non-interest income		11,605	9,738	12,305
Net income		17,811	29,060	$ 29,118
HV Bancorp, Inc. [Member] | Pro Forma [Member]
Pro Forma Information [Abstract]
Net interest income	$ 14,697
Non-interest income	1,543
Net income	$ 6,487
Net interest income		89,217	96,185
Non-interest income		13,856	17,863
Net income		$ 15,034	$ 31,625
Business Acquisition, Pro Forma Earnings per Share [Abstract]
Basic (in dollars per share)		$ 3.03	$ 6.72
Diluted (in dollars per share)		$ 3.03	$ 6.72

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue Recognition [Abstract]
Service charges	$ 5,639	$ 5,346	$ 4,755
Trust	764	803	865
Brokerage and insurance	1,924	1,895	1,625
Other	645	543	492
Revenue from customers	8,972	8,587	7,737
Service Charges [Member]
Revenue Recognition [Abstract]
Service charges	5,639	5,346	4,755
Overdraft Fees [Member]
Revenue Recognition [Abstract]
Service charges	1,501	1,374	1,111
Statement Fees [Member]
Revenue Recognition [Abstract]
Service charges	194	208	225
Interchange Revenue [Member]
Revenue Recognition [Abstract]
Service charges	3,246	3,226	2,801
ATM Income [Member]
Revenue Recognition [Abstract]
Service charges	138	229	388
Other Service Charges [Member]
Revenue Recognition [Abstract]
Service charges	$ 560	$ 309	$ 230

RESTRICTIONS ON CASH AND DUE _2

RESTRICTIONS ON CASH AND DUE FROM BANKS (Details) $ in Thousands	Dec. 31, 2023 USD ($)
RESTRICTIONS ON CASH AND DUE FROM BANKS [Abstract]
Cash FDIC insured amount, maximum	$ 250

INVESTMENT SECURITIES, Amortize

INVESTMENT SECURITIES, Amortized Cost, Gross Unrealized Gains and Losses and Fair Value of Investment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Securities [Abstract]
Amortized cost	$ 453,343	$ 486,993
Gross Unrealized Gains	285	50
Gross Unrealized Losses	(36,027)	(47,537)
Allowance For Credit Losses	0
Fair value	417,601	439,506
U.S. Agency Securities [Member]
Debt Securities [Abstract]
Amortized cost	66,569	78,556
Gross Unrealized Gains	1	0
Gross Unrealized Losses	(5,799)	(7,879)
Allowance For Credit Losses	0
Fair value	60,771	70,677
U.S. Treasuries [Member]
Debt Securities [Abstract]
Amortized cost	152,485	162,236
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(9,197)	(13,666)
Allowance For Credit Losses	0
Fair value	143,288	148,570
Obligations of State and Political Subdivisions [Member]
Debt Securities [Abstract]
Amortized cost	107,945	120,562
Gross Unrealized Gains	32	35
Gross Unrealized Losses	(6,190)	(10,297)
Allowance For Credit Losses	0
Fair value	101,787	110,300
Corporate Obligations [Member]
Debt Securities [Abstract]
Amortized cost	13,394	10,335
Gross Unrealized Gains	245	0
Gross Unrealized Losses	(1,236)	(952)
Allowance For Credit Losses	0
Fair value	12,403	9,383
Mortgage-backed Securities in Government Sponsored Entities [Member]
Debt Securities [Abstract]
Amortized cost	112,950	115,304
Gross Unrealized Gains	7	15
Gross Unrealized Losses	(13,605)	(14,743)
Allowance For Credit Losses	0
Fair value	$ 99,352	$ 100,576

INVESTMENT SECURITIES, Gross Un

INVESTMENT SECURITIES, Gross Unrealized Losses and Fair Value (Details) $ in Thousands	Dec. 31, 2023 USD ($) Security	Dec. 31, 2022 USD ($)
Available-for-sale, Debt Securities, Fair Value and Gross Unrealized Losses [Abstract]
Number of securities owned with fair value than cost for twelve months or greater | Security	323
Number of securities owned with fair value than cost for less than twelve months | Security	5
Less than twelve months, Fair value	$ 10,690	$ 181,562
Twelve months or greater, Fair value	392,449	246,164
Total, Fair value	403,139	427,726
Less than twelve months, Gross unrealized losses	(296)	(11,648)
Twelve months or greater, Gross unrealized losses	(35,731)	(35,889)
Total, Gross Unrealized Losses	(36,027)	(47,537)
U.S. Agency Securities [Member]
Available-for-sale, Debt Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than twelve months, Fair value	0	39,729
Twelve months or greater, Fair value	58,753	30,948
Total, Fair value	58,753	70,677
Less than twelve months, Gross unrealized losses	0	(1,892)
Twelve months or greater, Gross unrealized losses	(5,799)	(5,987)
Total, Gross Unrealized Losses	(5,799)	(7,879)
U.S. Treasuries [Member]
Available-for-sale, Debt Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than twelve months, Fair value	0	32,673
Twelve months or greater, Fair value	143,288	115,897
Total, Fair value	143,288	148,570
Less than twelve months, Gross unrealized losses	0	(1,337)
Twelve months or greater, Gross unrealized losses	(9,197)	(12,329)
Total, Gross Unrealized Losses	(9,197)	(13,666)
Obligations of State and Political Subdivisions [Member]
Available-for-sale, Debt Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than twelve months, Fair value	0	66,725
Twelve months or greater, Fair value	93,535	35,782
Total, Fair value	93,535	102,507
Less than twelve months, Gross unrealized losses	0	(4,887)
Twelve months or greater, Gross unrealized losses	(6,190)	(5,410)
Total, Gross Unrealized Losses	(6,190)	(10,297)
Corporate Obligations [Member]
Available-for-sale, Debt Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than twelve months, Fair value	1,487	2,165
Twelve months or greater, Fair value	8,320	6,218
Total, Fair value	9,807	8,383
Less than twelve months, Gross unrealized losses	(265)	(165)
Twelve months or greater, Gross unrealized losses	(971)	(787)
Total, Gross Unrealized Losses	(1,236)	(952)
Mortgage-backed Securities in Government Sponsored Entities [Member]
Available-for-sale, Debt Securities, Fair Value and Gross Unrealized Losses [Abstract]
Less than twelve months, Fair value	9,203	40,270
Twelve months or greater, Fair value	88,553	57,319
Total, Fair value	97,756	97,589
Less than twelve months, Gross unrealized losses	(31)	(3,367)
Twelve months or greater, Gross unrealized losses	(13,574)	(11,376)
Total, Gross Unrealized Losses	$ (13,605)	$ (14,743)

INVESTMENT SECURITIES, Gross Ga

INVESTMENT SECURITIES, Gross Gains and Losses, Available for Sale Securities (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) Security	Dec. 31, 2022 USD ($) Security	Dec. 31, 2021 USD ($) Security
Accrued Interest Receivable [Abstract]
Allowance For Credit Losses	$ 0
Accrued interest receivable on available-for-sale debt securities	$ 2,202
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable
Contractual payment of past due	90 days
Available for sale securities [Abstract]
Proceeds from sale of securities available-for-sale	$ 86,504	$ 7,480	$ 29,198
Gross gains and losses available-for-sale securities [Abstract]
Gain or loss on the day of acquisition	0
Gross gains on available for sale securities	38	0	302
Gross losses on available for sale securities	(89)	(14)	(90)
Net losses	(51)	(14)	212
Equity securities [Abstract]
Net gains (losses) recognized in equity securities during the period	(158)	(251)	339
Less: Net gains realized on the sale of equity securities during the period	14	4	0
Net unrealized gains (losses)	(144)	(247)	339
Asset Pledged as Collateral [Member] | Public Funds, Other Deposit and Borrowings [Member]
Investment Securities Pledged [Abstract]
Investment securities pledged as collateral	353,344	311,766
Municipal Securities [Member]
Gross gains and losses available-for-sale securities [Abstract]
Gross gains on available for sale securities	38
Gross losses on available for sale securities	$ (89)
Available-for-sale securities sold at a gross gain | Security	2
Available-for-sale securities sold at a gross loss | Security	7
U.S. Agency Securities [Member]
Accrued Interest Receivable [Abstract]
Allowance For Credit Losses	$ 0
Gross gains and losses available-for-sale securities [Abstract]
Gross gains on available for sale securities			125
Gross losses on available for sale securities		$ (14)	$ (90)
Available-for-sale securities sold at a gross gain | Security			3
Available-for-sale securities sold at a gross loss | Security		3	1
U.S. Treasuries [Member]
Accrued Interest Receivable [Abstract]
Allowance For Credit Losses	$ 0
Gross gains and losses available-for-sale securities [Abstract]
Gross gains on available for sale securities			$ 177
Available-for-sale securities sold at a gross gain | Security			6

INVESTMENT SECURITIES, Debt Sec

INVESTMENT SECURITIES, Debt Securities, Amortized Cost and Fair Value by Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Available-for-Sale Debt Securities, Amortized Cost [Abstract]
Due in one year or less	$ 46,581
Due after one year through five years	158,502
Due after five years through ten years	95,534
Due after ten years	152,726
Amortized cost	453,343	$ 486,993
Available-for-Sale Debt Securities, Fair Value [Abstract]
Due in one year or less	45,685
Due after one year through five years	147,810
Due after five years through ten years	86,919
Due after ten years	137,187
Fair value	$ 417,601	$ 439,506

LOANS AND RELATED ALLOWANCE F_3

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Primary Segments Portfolio and Accretable Yield for PCI Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	$ 2,248,836	$ 1,724,999
Allowance for Credit Losses	21,153	18,552	$ 17,304	$ 15,815
Net loans	2,227,683	1,706,447
Net unamortized loan fees and costs	2,843	2,573
Real estate loans serviced for Freddie Mac and Fannie Mae	203,709	187,754
Real estate loans sold to Freddie Mac and Fannie Mae without recourse	193,548	177,575
Portfolio balance under MPF	10,161	10,179
First-loss position for MPF maintained by FHLB	165
Credit enhancement for MPF by FHLB	$ 229
First Mortgage [Member] | Minimum [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Period of mortgage on real estate	15 years
First Mortgage [Member] | Maximum [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Period of mortgage on real estate	30 years
Second Mortgage [Member] | Maximum [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Period of mortgage on real estate	15 years
Residential [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	$ 310,199
Commercial [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	1,092,887
Construction [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	195,826
Real Estate Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Net loans		296,863
Real Estate Loans [Member] | Residential [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	359,990	210,213
Allowance for Credit Losses	2,354	1,056	1,147	1,174
Real Estate Loans [Member] | Commercial [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	1,092,887	876,569
Allowance for Credit Losses	9,178	10,120	8,099	6,216
Net loans		876,569
Real Estate Loans [Member] | Agricultural [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	314,802	313,614
Allowance for Credit Losses	3,264	4,589	4,729	4,953
Real Estate Loans [Member] | Construction [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	195,826	80,691
Allowance for Credit Losses	1,950	801	434	122
Net loans		80,691
Consumer [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	61,316	86,650
Allowance for Credit Losses	1,496	135	262	321
Other Commercial Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	136,168	63,222
Allowance for Credit Losses	2,229	1,040	1,023	1,226
Net loans		63,222
Other Agricultural Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	30,673	34,832
Allowance for Credit Losses	270	489	558	864
Net loans		34,832
State and Political Subdivision Loans [Member]
Segments of loan portfolio and allowance for loan losses [Abstract]
Total loans	57,174	59,208
Allowance for Credit Losses	$ 45	322	$ 281	$ 479
Net loans		$ 59,208

LOANS AND RELATED ALLOWANCE F_4

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Components of the Allowance for Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Abstract]
Allowance for Credit Losses	$ 21,153	$ 18,552	$ 17,304
Allowance for credit losses - off-balance sheet credit exposure	1,265	165	165
Total allowance for credit losses	22,418	18,717	17,469
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	18,552	17,304	15,815
Loans charge-off	(1,329)	(472)	(214)
Recoveries of loans previously charged-off	49	37	153
Net loans charged-off	(1,280)	(435)
Provision for credit losses	5,492	1,683	1,550
Balance at end of period	21,153	18,552	17,304
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance-Sheet, credit loss, liability	165	165
Off-Balance-Sheet, credit loss, liability	1,265	165	165
Financing Receivable, Allowance for Credit Loss and Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Balance at beginning of period	18,717	17,469
Loans charge-off	(1,329)	(472)
Recoveries of loans previously charged-off	49	37
Net loans charged-off	(1,280)	(435)
Provision for credit losses		1,683
Balance at end of period	22,418	18,717	$ 17,469
PCD Acquired Loans [Member]
Financing Receivable, Allowance for Credit Loss [Abstract]
Allowance for Credit Losses		1,689
Allowance for credit losses - off-balance sheet credit exposure		0
Total allowance for credit losses		1,689
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	1,689
Provision for credit losses	901
Balance at end of period		1,689
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance-Sheet, credit loss, liability	0
Off-Balance-Sheet, credit loss, liability, provision for credit losses	36
Off-Balance-Sheet, credit loss, liability		0
Financing Receivable, Allowance for Credit Loss and Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Balance at beginning of period	1,689
Provision for credit losses	937
Balance at end of period		1,689
Acquisition Day 1 Non-PCD [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Provision for credit losses	4,591
Financing Receivable, Allowance for Credit Loss and Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Provision for credit losses	4,591
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Loss [Abstract]
Allowance for Credit Losses		(3,300)
Allowance for credit losses - off-balance sheet credit exposure		1,064
Total allowance for credit losses		(2,236)
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	(3,300)
Balance at end of period		(3,300)
Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Off-Balance-Sheet, credit loss, liability	1,064
Off-Balance-Sheet, credit loss, liability, credit loss expense (reversal)		1,064
Off-Balance-Sheet, credit loss, liability		1,064
Financing Receivable, Allowance for Credit Loss and Off-Balance-Sheet, Credit Loss, Liability [Roll Forward]
Balance at beginning of period	$ (2,236)
Balance at end of period		$ (2,236)

LOANS AND RELATED ALLOWANCE F_5

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Allowance for Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	$ 18,552	$ 17,304	$ 15,815
Allowance for credit loss on PCD acquired loans	1,689
Charge-offs	(1,329)	(472)	(214)
Recoveries	49	37	153
Provision	5,492	1,683	1,550
Balance at end of period	21,153	18,552	17,304
Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	(3,300)
Balance at end of period		(3,300)
Residential [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Charge-offs	(1)
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Charge-offs	0
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Charge-offs	0
Real Estate Loans [Member] | Residential [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	1,056	1,147	1,174
Allowance for credit loss on PCD acquired loans	108
Charge-offs	(1)	0	0
Recoveries	0	0	0
Provision	1,112	(91)	(27)
Balance at end of period	2,354	1,056	1,147
Real Estate Loans [Member] | Residential [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	79
Balance at end of period		79
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	10,120	8,099	6,216
Allowance for credit loss on PCD acquired loans	39
Charge-offs	0	0	(54)
Recoveries	0	3	89
Provision	2,089	2,018	1,848
Balance at end of period	9,178	10,120	8,099
Real Estate Loans [Member] | Commercial [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	(3,070)
Balance at end of period		(3,070)
Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	4,589	4,729	4,953
Allowance for credit loss on PCD acquired loans	0
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	(180)	(140)	(224)
Balance at end of period	3,264	4,589	4,729
Real Estate Loans [Member] | Agricultural [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	(1,145)
Balance at end of period		(1,145)
Real Estate Loans [Member] | Construction [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	801	434	122
Allowance for credit loss on PCD acquired loans	37
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	1,215	367	312
Balance at end of period	1,950	801	434
Real Estate Loans [Member] | Construction [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	(103)
Balance at end of period		(103)
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	135	262	321
Allowance for credit loss on PCD acquired loans	677
Charge-offs	(365)	(37)	(27)
Recoveries	40	21	21
Provision	(31)	(111)	(53)
Balance at end of period	1,496	135	262
Consumer [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	1,040
Balance at end of period		1,040
Other Commercial Loans [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	1,040	1,023	1,226
Allowance for credit loss on PCD acquired loans	828
Charge-offs	(963)	(435)	(133)
Recoveries	9	13	43
Provision	1,643	439	(113)
Balance at end of period	2,229	1,040	1,023
Other Commercial Loans [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	(328)
Balance at end of period		(328)
Other Agricultural Loans [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	489	558	864
Allowance for credit loss on PCD acquired loans	0
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	0	(69)	(306)
Balance at end of period	270	489	558
Other Agricultural Loans [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	(219)
Balance at end of period		(219)
State and Political Subdivision Loans [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	322	281	479
Allowance for credit loss on PCD acquired loans	0
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	3	41	(198)
Balance at end of period	45	322	281
State and Political Subdivision Loans [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	(280)
Balance at end of period		(280)
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	0	771	460
Allowance for credit loss on PCD acquired loans	0
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	(359)	(771)	311
Balance at end of period	367	0	$ 771
Unallocated [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ASU 2016-13 [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance at beginning of period	$ 726
Balance at end of period		$ 726

LOANS AND RELATED ALLOWANCE F_6

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Allowance for Credit Losses - Loans and Amortized Cost Basis of Loans Under CECL Methodology (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	$ 19,181	$ 18,450
Individually evaluated for impairment	1,972	102
Total Allowance for Credit Losses - Loans for impairment	21,153	18,552	$ 17,304	$ 15,815
Collectively evaluated for impairment	2,236,955	1,709,724
Individually evaluated for impairment	12,881	11,969
Loans acquired with deteriorated credit quality for impairment		3,306
Total Loans	2,248,836	1,724,999
Residential [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Total Loans	310,199
Commercial [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Total Loans	1,092,887
Construction [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Total Loans	195,826
Real Estate Loans [Member] | Residential [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	2,285	1,052
Individually evaluated for impairment	69	4
Total Allowance for Credit Losses - Loans for impairment	2,354	1,056	1,147	1,174
Collectively evaluated for impairment	358,358	209,869
Individually evaluated for impairment	1,632	335
Loans acquired with deteriorated credit quality for impairment		9
Total Loans	359,990	210,213
Real Estate Loans [Member] | Commercial [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	9,033	10,063
Individually evaluated for impairment	145	57
Total Allowance for Credit Losses - Loans for impairment	9,178	10,120	8,099	6,216
Collectively evaluated for impairment	1,090,217	869,038
Individually evaluated for impairment	2,670	5,675
Loans acquired with deteriorated credit quality for impairment		1,856
Total Loans	1,092,887	876,569
Real Estate Loans [Member] | Agricultural [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	3,247	4,565
Individually evaluated for impairment	17	24
Total Allowance for Credit Losses - Loans for impairment	3,264	4,589	4,729	4,953
Collectively evaluated for impairment	311,500	306,793
Individually evaluated for impairment	3,302	5,380
Loans acquired with deteriorated credit quality for impairment		1,441
Total Loans	314,802	313,614
Real Estate Loans [Member] | Construction [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	1,664	801
Individually evaluated for impairment	286	0
Total Allowance for Credit Losses - Loans for impairment	1,950	801	434	122
Collectively evaluated for impairment	193,469	80,691
Individually evaluated for impairment	2,357	0
Loans acquired with deteriorated credit quality for impairment		0
Total Loans	195,826	80,691
Consumer [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	557	131
Individually evaluated for impairment	939	4
Total Allowance for Credit Losses - Loans for impairment	1,496	135	262	321
Collectively evaluated for impairment	60,377	86,646
Individually evaluated for impairment	939	4
Loans acquired with deteriorated credit quality for impairment		0
Total Loans	61,316	86,650
Other Commercial Loans [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	1,713	1,027
Individually evaluated for impairment	516	13
Total Allowance for Credit Losses - Loans for impairment	2,229	1,040	1,023	1,226
Collectively evaluated for impairment	134,472	63,120
Individually evaluated for impairment	1,696	102
Loans acquired with deteriorated credit quality for impairment		0
Total Loans	136,168	63,222
Other Agricultural Loans [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	270	489
Individually evaluated for impairment	0	0
Total Allowance for Credit Losses - Loans for impairment	270	489	558	864
Collectively evaluated for impairment	30,388	34,359
Individually evaluated for impairment	285	473
Loans acquired with deteriorated credit quality for impairment		0
Total Loans	30,673	34,832
State and Political Subdivision Loans [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	45	322
Individually evaluated for impairment	0	0
Total Allowance for Credit Losses - Loans for impairment	45	322	281	479
Collectively evaluated for impairment	57,174	59,208
Individually evaluated for impairment	0	0
Loans acquired with deteriorated credit quality for impairment		0
Total Loans	57,174	59,208
Unallocated [Member]
Loans And Leases Receivable, Allowance For Loan Losses [Abstract]
Collectively evaluated for impairment	367
Individually evaluated for impairment	0
Total Allowance for Credit Losses - Loans for impairment	367	$ 0	$ 771	$ 460
Collectively evaluated for impairment	0
Individually evaluated for impairment	0
Total Loans	$ 0

LOANS AND RELATED ALLOWANCE F_7

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	$ 12,187	$ 6,938
Real Estate [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	9,244	6,591
Business Assets [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	2,242	347
None [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	701	0
Real Estate Loans [Member] | Mortgages [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	2,961	562
Real Estate Loans [Member] | Mortgages [Member] | Real Estate [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	2,961	562
Real Estate Loans [Member] | Mortgages [Member] | Business Assets [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Real Estate Loans [Member] | Mortgages [Member] | None [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Real Estate Loans [Member] | Home Equity [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	121	29
Real Estate Loans [Member] | Home Equity [Member] | Real Estate [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	121	29
Real Estate Loans [Member] | Home Equity [Member] | Business Assets [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Real Estate Loans [Member] | Home Equity [Member] | None [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Real Estate Loans [Member] | Commercial [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	1,135	2,778
Real Estate Loans [Member] | Commercial [Member] | Real Estate [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	1,135	2,778
Real Estate Loans [Member] | Commercial [Member] | Business Assets [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Real Estate Loans [Member] | Commercial [Member] | None [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Real Estate Loans [Member] | Agricultural [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	2,670	3,222
Real Estate Loans [Member] | Agricultural [Member] | Real Estate [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	2,670	3,222
Real Estate Loans [Member] | Agricultural [Member] | Business Assets [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Real Estate Loans [Member] | Agricultural [Member] | None [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Real Estate Loans [Member] | Construction [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	2,357	0
Real Estate Loans [Member] | Construction [Member] | Real Estate [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	2,357	0
Real Estate Loans [Member] | Construction [Member] | Business Assets [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Real Estate Loans [Member] | Construction [Member] | None [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Consumer [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	701	0
Consumer [Member] | Real Estate [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Consumer [Member] | Business Assets [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Consumer [Member] | None [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	701	0
Other Commercial Loans [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	1,750	62
Other Commercial Loans [Member] | Real Estate [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Other Commercial Loans [Member] | Business Assets [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	1,750	62
Other Commercial Loans [Member] | None [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Other Agricultural Loans [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	492	285
Other Agricultural Loans [Member] | Real Estate [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	0	0
Other Agricultural Loans [Member] | Business Assets [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	492	285
Other Agricultural Loans [Member] | None [Member]
Amortized Cost Basis of Collateral-Dependent Nonaccrual Loans [Abstract]
Financing Receivable, Nonaccrual	$ 0	$ 0

LOANS AND RELATED ALLOWANCE F_8

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Impaired Financing Receivable (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	$ 14,653
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment With No Allowance	11,292
Recorded Investment With Allowance	677
Total Recorded Investment	11,969
Related Allowance	102
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment	13,040	$ 15,880
Interest Income Recognized	356	395
Interest Income Recognized Cash Basis	10	31
Real Estate Loans [Member] | Mortgages [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	395
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment With No Allowance	242
Recorded Investment With Allowance	39
Total Recorded Investment	281
Related Allowance	4
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment	421	682
Interest Income Recognized	12	16
Interest Income Recognized Cash Basis	0	0
Real Estate Loans [Member] | Home Equity [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	71
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment With No Allowance	39
Recorded Investment With Allowance	15
Total Recorded Investment	54
Related Allowance	0
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment	64	99
Interest Income Recognized	4	4
Interest Income Recognized Cash Basis	0	0
Real Estate Loans [Member] | Commercial [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	6,655
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment With No Allowance	5,314
Recorded Investment With Allowance	361
Total Recorded Investment	5,675
Related Allowance	57
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment	6,216	8,789
Interest Income Recognized	207	288
Interest Income Recognized Cash Basis	10	31
Real Estate Loans [Member] | Agricultural [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	6,062
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment With No Allowance	5,192
Recorded Investment With Allowance	188
Total Recorded Investment	5,380
Related Allowance	24
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment	5,540	4,562
Interest Income Recognized	126	82
Interest Income Recognized Cash Basis	0	0
Consumer [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	4
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment With No Allowance	0
Recorded Investment With Allowance	4
Total Recorded Investment	4
Related Allowance	4
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment	1
Interest Income Recognized	0
Interest Income Recognized Cash Basis	0
Other Commercial Loans [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	797
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment With No Allowance	32
Recorded Investment With Allowance	70
Total Recorded Investment	102
Related Allowance	13
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment	260	704
Interest Income Recognized	3	2
Interest Income Recognized Cash Basis	0	0
Other Agricultural Loans [Member]
Impaired Financing Receivable [Abstract]
Unpaid Principal Balance	669
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment With No Allowance	473
Recorded Investment With Allowance	0
Total Recorded Investment	473
Related Allowance	0
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment	538	1,044
Interest Income Recognized	4	3
Interest Income Recognized Cash Basis	$ 0	$ 0

LOANS AND RELATED ALLOWANCE F_9

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Credit Quality Indicator (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Financing Receivable [Abstract]
Amount over which all relationships to be reviewed, minimum	$ 500
Minimum [Member]
Financing Receivable [Abstract]
Percentage of dollar volume of commercial loan portfolio to be reviewed	50%
Amount over which all relationships to be reviewed	$ 1,000
Amount which is 30 days past due to be reviewed for all aggregate loan relationships	$ 750

LOANS AND RELATED ALLOWANCE _10

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Credit Exposures by Internally Assigned Grades, by Origination Year (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Total loans	$ 2,248,836	$ 1,724,999
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
Gross charge-offs	1,329	472	$ 214
Commercial Real Estate [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	90,740
2022	342,975
2021	225,106
2020	124,112
2019	89,157
Prior	190,402
Revolving Loans Amortized Cost Basis	28,773
Revolving Loans Converted to Term	1,622
Total loans	1,092,887
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Gross charge-offs	0
Commercial Real Estate [Member] | Pass [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	90,068
2022	333,710
2021	224,873
2020	122,560
2019	81,557
Prior	180,799
Revolving Loans Amortized Cost Basis	28,360
Revolving Loans Converted to Term	1,140
Total loans	1,063,067
Commercial Real Estate [Member] | Special Mention [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	672
2022	7,963
2021	227
2020	1,552
2019	7,442
Prior	8,159
Revolving Loans Amortized Cost Basis	96
Revolving Loans Converted to Term	60
Total loans	26,171
Commercial Real Estate [Member] | Substandard [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	1,302
2021	6
2020	0
2019	158
Prior	1,444
Revolving Loans Amortized Cost Basis	317
Revolving Loans Converted to Term	422
Total loans	3,649
Commercial Real Estate [Member] | Doubtful [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	0
Agricultural Real Estate [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	23,206
2022	56,644
2021	30,489
2020	32,058
2019	26,470
Prior	131,132
Revolving Loans Amortized Cost Basis	14,105
Revolving Loans Converted to Term	698
Total loans	314,802
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Gross charge-offs	0
Agricultural Real Estate [Member] | Pass [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	22,632
2022	47,479
2021	28,990
2020	32,058
2019	25,406
Prior	118,700
Revolving Loans Amortized Cost Basis	10,495
Revolving Loans Converted to Term	460
Total loans	286,220
Agricultural Real Estate [Member] | Special Mention [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	574
2022	9,165
2021	1,499
2020	0
2019	962
Prior	7,038
Revolving Loans Amortized Cost Basis	3,535
Revolving Loans Converted to Term	0
Total loans	22,773
Agricultural Real Estate [Member] | Substandard [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	102
Prior	5,394
Revolving Loans Amortized Cost Basis	75
Revolving Loans Converted to Term	238
Total loans	5,809
Agricultural Real Estate [Member] | Doubtful [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	0
Construction [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	56,547
2022	107,994
2021	29,280
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	839
Revolving Loans Converted to Term	1,166
Total loans	195,826
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Gross charge-offs	0
Construction [Member] | Pass [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	54,973
2022	102,562
2021	22,508
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	839
Revolving Loans Converted to Term	1,166
Total loans	182,048
Construction [Member] | Special Mention [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	1,574
2022	5,432
2021	4,415
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	11,421
Construction [Member] | Substandard [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	2,357
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	2,357
Construction [Member] | Doubtful [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	0
Other Commercial Loans [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	31,596
2022	11,556
2021	10,526
2020	4,977
2019	5,130
Prior	5,126
Revolving Loans Amortized Cost Basis	65,439
Revolving Loans Converted to Term	1,818
Total loans	136,168	63,222
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
2023	200
2022	0
2021	0
2020	763
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Gross charge-offs	963	435	133
Other Commercial Loans [Member] | Pass [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	31,493
2022	11,407
2021	9,016
2020	4,793
2019	4,758
Prior	3,530
Revolving Loans Amortized Cost Basis	63,285
Revolving Loans Converted to Term	93
Total loans	128,375
Other Commercial Loans [Member] | Special Mention [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	51
2022	52
2021	1,510
2020	184
2019	223
Prior	629
Revolving Loans Amortized Cost Basis	1,652
Revolving Loans Converted to Term	36
Total loans	4,337
Other Commercial Loans [Member] | Substandard [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	52
2022	97
2021	0
2020	0
2019	149
Prior	967
Revolving Loans Amortized Cost Basis	502
Revolving Loans Converted to Term	1,667
Total loans	3,434
Other Commercial Loans [Member] | Doubtful [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	22
Total loans	22
Other Agricultural Loans [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	3,902
2022	1,993
2021	6,671
2020	1,088
2019	536
Prior	560
Revolving Loans Amortized Cost Basis	15,863
Revolving Loans Converted to Term	60
Total loans	30,673	34,832
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Gross charge-offs	0	0	0
Other Agricultural Loans [Member] | Pass [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	3,902
2022	1,520
2021	6,448
2020	1,046
2019	532
Prior	305
Revolving Loans Amortized Cost Basis	15,331
Revolving Loans Converted to Term	0
Total loans	29,084
Other Agricultural Loans [Member] | Special Mention [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	473
2021	16
2020	42
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	488
Revolving Loans Converted to Term	29
Total loans	1,048
Other Agricultural Loans [Member] | Substandard [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	207
2020	0
2019	4
Prior	255
Revolving Loans Amortized Cost Basis	44
Revolving Loans Converted to Term	31
Total loans	541
Other Agricultural Loans [Member] | Doubtful [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	0
State and Political Subdivision Loans [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	1,623
2022	14,171
2021	10,841
2020	5,235
2019	0
Prior	25,294
Revolving Loans Amortized Cost Basis	10
Revolving Loans Converted to Term	0
Total loans	57,174	59,208
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Gross charge-offs	0	$ 0	$ 0
State and Political Subdivision Loans [Member] | Pass [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	1,623
2022	14,171
2021	10,841
2020	5,235
2019	0
Prior	25,294
Revolving Loans Amortized Cost Basis	10
Revolving Loans Converted to Term	0
Total loans	57,174
State and Political Subdivision Loans [Member] | Special Mention [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	0
State and Political Subdivision Loans [Member] | Substandard [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	0
State and Political Subdivision Loans [Member] | Doubtful [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	0
Total Loans [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	207,614
2022	535,333
2021	312,913
2020	167,470
2019	121,293
Prior	352,514
Revolving Loans Amortized Cost Basis	125,029
Revolving Loans Converted to Term	5,364
Total loans	1,827,530
Total Loans [Member] | Pass [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	204,691
2022	510,849
2021	302,676
2020	165,692
2019	112,253
Prior	328,628
Revolving Loans Amortized Cost Basis	118,320
Revolving Loans Converted to Term	2,859
Total loans	1,745,968
Total Loans [Member] | Special Mention [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	2,871
2022	23,085
2021	7,667
2020	1,778
2019	8,627
Prior	15,826
Revolving Loans Amortized Cost Basis	5,771
Revolving Loans Converted to Term	125
Total loans	65,750
Total Loans [Member] | Substandard [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	52
2022	1,399
2021	2,570
2020	0
2019	413
Prior	8,060
Revolving Loans Amortized Cost Basis	938
Revolving Loans Converted to Term	2,358
Total loans	15,790
Total Loans [Member] | Doubtful [Member]
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	22
Total loans	$ 22

LOANS AND RELATED ALLOWANCE _11

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Internal Credit Risk Ratings for Loan Class Segments (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable by credit exposure [Abstract]
Total loans	$ 2,227,683	$ 1,706,447
Real Estate Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		296,863
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		876,569
Real Estate Loans [Member] | Commercial [Member] | Pass [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		842,912
Real Estate Loans [Member] | Commercial [Member] | Special Mention [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		28,047
Real Estate Loans [Member] | Commercial [Member] | Substandard [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		5,610
Real Estate Loans [Member] | Commercial [Member] | Doubtful [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Real Estate Loans [Member] | Commercial [Member] | Loss [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Real Estate Loans [Member] | Agricultural [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		313,614
Real Estate Loans [Member] | Agricultural [Member] | Pass [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		295,443
Real Estate Loans [Member] | Agricultural [Member] | Special Mention [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		11,960
Real Estate Loans [Member] | Agricultural [Member] | Substandard [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		6,211
Real Estate Loans [Member] | Agricultural [Member] | Doubtful [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Real Estate Loans [Member] | Agricultural [Member] | Loss [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Real Estate Loans [Member] | Construction [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		80,691
Real Estate Loans [Member] | Construction [Member] | Pass [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		75,703
Real Estate Loans [Member] | Construction [Member] | Special Mention [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		2,642
Real Estate Loans [Member] | Construction [Member] | Substandard [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		2,346
Real Estate Loans [Member] | Construction [Member] | Doubtful [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Real Estate Loans [Member] | Construction [Member] | Loss [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Other Commercial Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		63,222
Other Commercial Loans [Member] | Pass [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		59,902
Other Commercial Loans [Member] | Special Mention [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		2,953
Other Commercial Loans [Member] | Substandard [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		337
Other Commercial Loans [Member] | Doubtful [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		30
Other Commercial Loans [Member] | Loss [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Other Agricultural Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		34,832
Other Agricultural Loans [Member] | Pass [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		32,708
Other Agricultural Loans [Member] | Special Mention [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		1,307
Other Agricultural Loans [Member] | Substandard [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		817
Other Agricultural Loans [Member] | Doubtful [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Other Agricultural Loans [Member] | Loss [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
State and Political Subdivision Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		59,208
State and Political Subdivision Loans [Member] | Pass [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		59,208
State and Political Subdivision Loans [Member] | Special Mention [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
State and Political Subdivision Loans [Member] | Substandard [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
State and Political Subdivision Loans [Member] | Doubtful [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
State and Political Subdivision Loans [Member] | Loss [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Total Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		1,428,136
Total Loans [Member] | Pass [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		1,365,876
Total Loans [Member] | Special Mention [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		46,909
Total Loans [Member] | Substandard [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		15,321
Total Loans [Member] | Doubtful [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		30
Total Loans [Member] | Loss [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		$ 0

LOANS AND RELATED ALLOWANCE _12

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Recorded Investment in Loan Classes Based on Payment Activity, By Origination Year (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
Total loans	$ 2,248,836	$ 1,724,999
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
Gross charge-offs	1,329	$ 472	$ 214
Residential Real Estate [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	19,082
2022	94,105
2021	48,540
2020	30,336
2019	18,923
Prior	99,213
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	310,199
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	1
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Gross charge-offs	1
Residential Real Estate [Member] | Performing [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	19,082
2022	93,706
2021	47,774
2020	29,940
2019	18,923
Prior	97,813
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	307,238
Residential Real Estate [Member] | Nonperforming [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	0
2022	399
2021	766
2020	396
2019	0
Prior	1,400
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	2,961
Home Equity [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	3,877
2022	3,008
2021	1,886
2020	1,954
2019	2,462
Prior	7,955
Revolving Loans Amortized Cost Basis	28,286
Revolving Loans Converted to Term	363
Total loans	49,791
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Gross charge-offs	0
Home Equity [Member] | Performing [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	3,877
2022	3,008
2021	1,886
2020	1,954
2019	2,462
Prior	7,883
Revolving Loans Amortized Cost Basis	28,219
Revolving Loans Converted to Term	363
Total loans	49,652
Home Equity [Member] | Nonperforming [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	72
Revolving Loans Amortized Cost Basis	67
Revolving Loans Converted to Term	0
Total loans	139
Consumer [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	1,803
2022	1,000
2021	539
2020	477
2019	557
Prior	3,681
Revolving Loans Amortized Cost Basis	53,254
Revolving Loans Converted to Term	5
Total loans	61,316
Financing Receivable, Current period gross charge-offs by Portfolio Class and Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	1
Prior	341
Revolving Loans Amortized Cost Basis	23
Revolving Loans Converted to Term	0
Gross charge-offs	365
Consumer [Member] | Performing [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	1,803
2022	979
2021	539
2020	477
2019	557
Prior	2,988
Revolving Loans Amortized Cost Basis	53,254
Revolving Loans Converted to Term	5
Total loans	60,602
Consumer [Member] | Nonperforming [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	0
2022	21
2021	0
2020	0
2019	0
Prior	693
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term	0
Total loans	714
Mortgage, Home Equity, and Consumer [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	24,762
2022	98,113
2021	50,965
2020	32,767
2019	21,942
Prior	110,849
Revolving Loans Amortized Cost Basis	81,540
Revolving Loans Converted to Term	368
Total loans	421,306
Mortgage, Home Equity, and Consumer [Member] | Performing [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	24,762
2022	97,693
2021	50,199
2020	32,371
2019	21,942
Prior	108,684
Revolving Loans Amortized Cost Basis	81,473
Revolving Loans Converted to Term	368
Total loans	417,492
Mortgage, Home Equity, and Consumer [Member] | Nonperforming [Member]
Financing Receivable, Credit Exposures by Internally Assigned Grades, by Origination Year [Abstract]
2023	0
2022	420
2021	766
2020	396
2019	0
Prior	2,165
Revolving Loans Amortized Cost Basis	67
Revolving Loans Converted to Term	0
Total loans	$ 3,814

LOANS AND RELATED ALLOWANCE _13

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Internal Credit Risk Ratings for Loan Class Segments by Performance Status (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable by credit exposure [Abstract]
Total loans	$ 2,227,683	$ 1,706,447
Real Estate Loans [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		296,863
Real Estate Loans [Member] | Performing [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		296,256
Real Estate Loans [Member] | Nonperforming [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		598
Real Estate Loans [Member] | PCI [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		9
Real Estate Loans [Member] | Mortgages [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		162,569
Real Estate Loans [Member] | Mortgages [Member] | Performing [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		161,998
Real Estate Loans [Member] | Mortgages [Member] | Nonperforming [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		562
Real Estate Loans [Member] | Mortgages [Member] | PCI [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		9
Real Estate Loans [Member] | Home Equity [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		47,644
Real Estate Loans [Member] | Home Equity [Member] | Performing [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		47,615
Real Estate Loans [Member] | Home Equity [Member] | Nonperforming [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		29
Real Estate Loans [Member] | Home Equity [Member] | PCI [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		0
Real Estate Loans [Member] | Consumer [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		86,650
Real Estate Loans [Member] | Consumer [Member] | Performing [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		86,643
Real Estate Loans [Member] | Consumer [Member] | Nonperforming [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		7
Real Estate Loans [Member] | Consumer [Member] | PCI [Member]
Financing Receivable by credit exposure [Abstract]
Total loans		$ 0

LOANS AND RELATED ALLOWANCE _14

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Past Due (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Recorded investment of past due [Abstract]
Total past due	$ 2,248,836	$ 1,724,999
PCI		3,306
90 days or greater and accruing	516	7
Financing receivables on nonaccrual status [Abstract]
PCI Loans considered non accrual		0
Financing receivable nonaccrual status	12,187	6,938
Nonaccrual With a related allowance	4,398	6,938
Nonaccrual Without a related allowance	7,789
90 days or greater past due and accruing	516	7
Total non-performing loans	12,703	6,945
Financing receivables on accrual status [Abstract]
PCI Loans still accruing		3,306
Total financing receivables and still accruing	$ 2,236,649	1,718,061
Minimum [Member]
Financing receivables on nonaccrual status [Abstract]
Period of past due after which loans considered as non accrual	90 days
Current [Member]
Recorded investment of past due [Abstract]
Total past due	$ 2,229,685	1,714,673
Financing receivables on nonaccrual status [Abstract]
Current and non-accrual	4,008	3,370
Financing receivable nonaccrual status	2,229,685	1,714,673
Financing receivables on accrual status [Abstract]
Current and still accruing	2,225,677	1,711,303
Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	19,151	7,020
Financing receivables on nonaccrual status [Abstract]
Total past due and non-accrual	8,179	3,568
Financing receivables on accrual status [Abstract]
Total past due and still accruing	10,972	3,452
30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	9,251	3,276
Financing receivables on nonaccrual status [Abstract]
Total past due and non-accrual	199	46
Financing receivables on accrual status [Abstract]
Total past due and still accruing	9,052	3,230
60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	2,070	291
Financing receivables on nonaccrual status [Abstract]
Total past due and non-accrual	666	76
Financing receivables on accrual status [Abstract]
Total past due and still accruing	1,404	215
90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	7,830	3,453
Financing receivables on nonaccrual status [Abstract]
Total past due and non-accrual	7,314	3,446
Financing receivables on accrual status [Abstract]
Total past due and still accruing	516	7
Home Equity [Member]
Recorded investment of past due [Abstract]
Total past due	49,791
Commercial [Member]
Recorded investment of past due [Abstract]
Total past due	1,092,887
Construction [Member]
Recorded investment of past due [Abstract]
Total past due	195,826
Real Estate Loans [Member] | Mortgages [Member]
Recorded investment of past due [Abstract]
Total past due	310,199	162,569
PCI		9
90 days or greater and accruing	0	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	2,961	562
Nonaccrual With a related allowance	315	562
Nonaccrual Without a related allowance	2,646
90 days or greater past due and accruing	0	0
Total non-performing loans	2,961	562
Real Estate Loans [Member] | Mortgages [Member] | Current [Member]
Recorded investment of past due [Abstract]
Total past due	304,917	161,843
Real Estate Loans [Member] | Mortgages [Member] | Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	5,282	717
Real Estate Loans [Member] | Mortgages [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	2,682	356
Real Estate Loans [Member] | Mortgages [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	360	132
Real Estate Loans [Member] | Mortgages [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	2,240	229
Real Estate Loans [Member] | Home Equity [Member]
Recorded investment of past due [Abstract]
Total past due	49,791	47,644
PCI		0
90 days or greater and accruing	18	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	121	29
Nonaccrual With a related allowance	0	29
Nonaccrual Without a related allowance	121
90 days or greater past due and accruing	18	0
Total non-performing loans	139	29
Real Estate Loans [Member] | Home Equity [Member] | Current [Member]
Recorded investment of past due [Abstract]
Total past due	49,508	47,558
Real Estate Loans [Member] | Home Equity [Member] | Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	283	86
Real Estate Loans [Member] | Home Equity [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	145	48
Real Estate Loans [Member] | Home Equity [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	67	9
Real Estate Loans [Member] | Home Equity [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	71	29
Real Estate Loans [Member] | Commercial [Member]
Recorded investment of past due [Abstract]
Total past due	1,092,887	876,569
PCI		1,856
90 days or greater and accruing	404	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	1,135	2,778
Nonaccrual With a related allowance	256	2,778
Nonaccrual Without a related allowance	879
90 days or greater past due and accruing	404	0
Total non-performing loans	1,539	2,778
Real Estate Loans [Member] | Commercial [Member] | Current [Member]
Recorded investment of past due [Abstract]
Total past due	1,090,111	871,745
Real Estate Loans [Member] | Commercial [Member] | Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	2,776	2,968
Real Estate Loans [Member] | Commercial [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	1,151	1,065
Real Estate Loans [Member] | Commercial [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	245	115
Real Estate Loans [Member] | Commercial [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	1,380	1,788
Real Estate Loans [Member] | Agricultural [Member]
Recorded investment of past due [Abstract]
Total past due	314,802	313,614
PCI		1,441
90 days or greater and accruing	75	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	2,670	3,222
Nonaccrual With a related allowance	181	3,222
Nonaccrual Without a related allowance	2,489
90 days or greater past due and accruing	75	0
Total non-performing loans	2,745	3,222
Real Estate Loans [Member] | Agricultural [Member] | Current [Member]
Recorded investment of past due [Abstract]
Total past due	313,290	310,805
Real Estate Loans [Member] | Agricultural [Member] | Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	1,512	1,368
Real Estate Loans [Member] | Agricultural [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	72	0
Real Estate Loans [Member] | Agricultural [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	0	0
Real Estate Loans [Member] | Agricultural [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	1,440	1,368
Real Estate Loans [Member] | Construction [Member]
Recorded investment of past due [Abstract]
Total past due	195,826	80,691
PCI		0
90 days or greater and accruing	0	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	2,357	0
Nonaccrual With a related allowance	2,357	0
Nonaccrual Without a related allowance	0
90 days or greater past due and accruing	0	0
Total non-performing loans	2,357	0
Real Estate Loans [Member] | Construction [Member] | Current [Member]
Recorded investment of past due [Abstract]
Total past due	188,674	80,691
Real Estate Loans [Member] | Construction [Member] | Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	7,152	0
Real Estate Loans [Member] | Construction [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	4,407	0
Real Estate Loans [Member] | Construction [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	388	0
Real Estate Loans [Member] | Construction [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	2,357	0
Consumer [Member]
Recorded investment of past due [Abstract]
Total past due	61,316	86,650
PCI		0
90 days or greater and accruing	13	7
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	701	0
Nonaccrual With a related allowance	701	0
Nonaccrual Without a related allowance	0
90 days or greater past due and accruing	13	7
Total non-performing loans	714	7
Consumer [Member] | Current [Member]
Recorded investment of past due [Abstract]
Total past due	60,995	86,496
Consumer [Member] | Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	321	154
Consumer [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	16	147
Consumer [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	282	0
Consumer [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	23	7
Other Commercial Loans [Member]
Recorded investment of past due [Abstract]
Total past due	136,168	63,222
PCI		0
90 days or greater and accruing	6	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	1,750	62
Nonaccrual With a related allowance	588	62
Nonaccrual Without a related allowance	1,162
90 days or greater past due and accruing	6	0
Total non-performing loans	1,756	62
Other Commercial Loans [Member] | Current [Member]
Recorded investment of past due [Abstract]
Total past due	134,813	61,495
Other Commercial Loans [Member] | Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	1,355	1,727
Other Commercial Loans [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	670	1,660
Other Commercial Loans [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	366	35
Other Commercial Loans [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	319	32
Other Agricultural Loans [Member]
Recorded investment of past due [Abstract]
Total past due	30,673	34,832
PCI		0
90 days or greater and accruing	0	0
Financing receivables on nonaccrual status [Abstract]
Financing receivable nonaccrual status	492	285
Nonaccrual With a related allowance	0	285
Nonaccrual Without a related allowance	492
90 days or greater past due and accruing	0	0
Total non-performing loans	492	285
Other Agricultural Loans [Member] | Current [Member]
Recorded investment of past due [Abstract]
Total past due	30,203	34,832
Other Agricultural Loans [Member] | Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	470	0
Other Agricultural Loans [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	108	0
Other Agricultural Loans [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	362	0
Other Agricultural Loans [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	0	0
State and Political Subdivision Loans [Member]
Recorded investment of past due [Abstract]
Total past due	57,174	59,208
PCI		0
90 days or greater and accruing	0	0
Financing receivables on nonaccrual status [Abstract]
90 days or greater past due and accruing	0	0
State and Political Subdivision Loans [Member] | Current [Member]
Recorded investment of past due [Abstract]
Total past due	57,174	59,208
State and Political Subdivision Loans [Member] | Total Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	0	0
State and Political Subdivision Loans [Member] | 30 to 59 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	0	0
State and Political Subdivision Loans [Member] | 60 to 89 Days Past Due [Member]
Recorded investment of past due [Abstract]
Total past due	0	0
State and Political Subdivision Loans [Member] | 90 Days Or Greater [Member]
Recorded investment of past due [Abstract]
Total past due	$ 0	$ 0

LOANS AND RELATED ALLOWANCE _15

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Modifications to Borrowers Experiencing Financial Difficulty (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) Loan
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Number of loans | Loan	9
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	$ 2,566
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Number of loans | Loan	9
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	$ 1,684
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	2,566
Non accruing modified loans to borrowers experiencing financial difficulty	1,684
Current Member [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	2,566
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	1,684
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	2,566
Non accruing modified loans to borrowers experiencing financial difficulty	1,684
30-89 Days Past Due [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	0
Non accruing modified loans to borrowers experiencing financial difficulty	0
90 Days Or Greater [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	0
Non accruing modified loans to borrowers experiencing financial difficulty	$ 0
Real Estate Loans [Member] | Mortgages [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Number of loans | Loan	1
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	$ 126
Accruing modified loans to borrowers experiencing financial difficulty, % of total class financing receivables	0.04%
Accruing modified loans to borrowers experiencing financial difficulty, weighted average debt instrument term	4 months
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Number of loans | Loan	1
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	$ 315
Non accruing modified loans to borrowers experiencing financial difficulty, % of total class financing receivables	0.10%
Non accruing modified loans to borrowers experiencing financial difficulty, weighted average debt instrument term	10 months
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	$ 126
Non accruing modified loans to borrowers experiencing financial difficulty	315
Real Estate Loans [Member] | Mortgages [Member] | Current Member [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	126
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	315
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	126
Non accruing modified loans to borrowers experiencing financial difficulty	315
Real Estate Loans [Member] | Mortgages [Member] | 30-89 Days Past Due [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	0
Non accruing modified loans to borrowers experiencing financial difficulty	0
Real Estate Loans [Member] | Mortgages [Member] | 90 Days Or Greater [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	0
Non accruing modified loans to borrowers experiencing financial difficulty	$ 0
Real Estate Loans [Member] | Commercial [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Number of loans | Loan	4
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	$ 1,142
Accruing modified loans to borrowers experiencing financial difficulty, % of total class financing receivables	0.10%
Accruing modified loans to borrowers experiencing financial difficulty, weighted average debt instrument term	4 months
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Number of loans | Loan	3
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	$ 261
Non accruing modified loans to borrowers experiencing financial difficulty, % of total class financing receivables	0.02%
Non accruing modified loans to borrowers experiencing financial difficulty, weighted average debt instrument term	5 months
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	$ 1,142
Non accruing modified loans to borrowers experiencing financial difficulty	261
Real Estate Loans [Member] | Commercial [Member] | Current Member [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	1,142
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	261
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	1,142
Non accruing modified loans to borrowers experiencing financial difficulty	261
Real Estate Loans [Member] | Commercial [Member] | 30-89 Days Past Due [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	0
Non accruing modified loans to borrowers experiencing financial difficulty	0
Real Estate Loans [Member] | Commercial [Member] | 90 Days Or Greater [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	0
Non accruing modified loans to borrowers experiencing financial difficulty	$ 0
Real Estate Loans [Member] | Agricultural [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Number of loans | Loan	3
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	$ 688
Accruing modified loans to borrowers experiencing financial difficulty, % of total class financing receivables	0.22%
Accruing modified loans to borrowers experiencing financial difficulty, weighted average debt instrument term	5 months
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	$ 688
Real Estate Loans [Member] | Agricultural [Member] | Current Member [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	688
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	688
Real Estate Loans [Member] | Agricultural [Member] | 30-89 Days Past Due [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	0
Real Estate Loans [Member] | Agricultural [Member] | 90 Days Or Greater [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	$ 0
Other Commercial Loans [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Number of loans | Loan	1
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	$ 610
Accruing modified loans to borrowers experiencing financial difficulty, % of total class financing receivables	0.45%
Accruing modified loans to borrowers experiencing financial difficulty, weighted average debt instrument term	60 months
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Number of loans | Loan	5
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	$ 1,108
Non accruing modified loans to borrowers experiencing financial difficulty, % of total class financing receivables	0.81%
Non accruing modified loans to borrowers experiencing financial difficulty, weighted average debt instrument term	13 months
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	$ 610
Non accruing modified loans to borrowers experiencing financial difficulty	1,108
Other Commercial Loans [Member] | Current Member [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	610
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	1,108
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	610
Non accruing modified loans to borrowers experiencing financial difficulty	1,108
Other Commercial Loans [Member] | 30-89 Days Past Due [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	0
Non accruing modified loans to borrowers experiencing financial difficulty	0
Other Commercial Loans [Member] | 90 Days Or Greater [Member]
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Non-Accruing Modified Loans to Borrowers Experiencing Financial Difficulty [Abstract]
Non accruing modified loans to borrowers experiencing financial difficulty, Amortized cost basis	0
Amortized Cost And Payment Status Of Accruing And Nonaccrual Modified Loans [Abstract]
Accruing modified loans to borrowers experiencing financial difficulty	0
Non accruing modified loans to borrowers experiencing financial difficulty	$ 0

LOANS AND RELATED ALLOWANCE _16

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Trouble Debt Restructuring (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) Contract	Dec. 31, 2021 USD ($) Contract
Recidivism receivables [Abstract]
Recidivism	$ 0	$ 0
Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	0	0
Pre-modification outstanding recorded investment	$ 0	$ 0
Post-modification outstanding recorded investment	$ 0	$ 0
Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	7	8
Pre-modification outstanding recorded investment	$ 3,446,000	$ 3,559,000
Post-modification outstanding recorded investment	$ 3,446,000	$ 3,559,000
Real Estate Loans [Member] | Home Equity [Member] | Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	0
Pre-modification outstanding recorded investment	$ 0
Post-modification outstanding recorded investment	$ 0
Real Estate Loans [Member] | Home Equity [Member] | Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	1
Pre-modification outstanding recorded investment	$ 8,000
Post-modification outstanding recorded investment	$ 8,000
Real Estate Loans [Member] | Commercial [Member] | Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	0	0
Pre-modification outstanding recorded investment	$ 0	$ 0
Post-modification outstanding recorded investment	$ 0	$ 0
Real Estate Loans [Member] | Commercial [Member] | Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	4	4
Pre-modification outstanding recorded investment	$ 2,301,000	$ 1,469,000
Post-modification outstanding recorded investment	$ 2,301,000	$ 1,469,000
Real Estate Loans [Member] | Agricultural [Member] | Interest Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	0	0
Pre-modification outstanding recorded investment	$ 0	$ 0
Post-modification outstanding recorded investment	$ 0	$ 0
Real Estate Loans [Member] | Agricultural [Member] | Term Modification [Member]
Financing receivable modifications [Abstract]
Number of contracts | Contract	2	4
Pre-modification outstanding recorded investment	$ 1,137,000	$ 2,090,000
Post-modification outstanding recorded investment	$ 1,137,000	$ 2,090,000

LOANS AND RELATED ALLOWANCE _17

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES, Foreclosed Assets Held For Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Foreclosed assets held for sale [Abstract]
Foreclosed assets held for sale	$ 474	$ 543
Consumer Residential Mortgages [Member]
Foreclosed assets held for sale [Abstract]
Foreclosed assets held for sale	176
Formal foreclosure proceedings on potential foreclosure assets	$ 392

PREMISES & EQUIPMENT (Details)

PREMISES & EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Premises and Equipment [Abstract]
Premises and equipment, gross	$ 39,207	$ 34,327
Less: accumulated depreciation	17,823	16,708
Premises and equipment, net	21,384	17,619
Depreciation expense	1,147	877	$ 922
Land [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	5,839	5,667
Buildings [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	22,948	20,997
Furniture, Fixtures and Equipment [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	8,499	7,512
Construction in Process [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	$ 1,921	$ 151

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Amortizing intangible assets [Abstract]
Gross carrying value	[1]	$ 7,170	$ 4,279
Accumulated amortization	[1]	(3,520)	(3,007)
Net carrying value	[1]	3,650	1,272
Unamortized intangible assets [Abstract]
Goodwill		85,758	31,376
Actual and Estimated Future Amortization Expense [Abstract]
Amortization expense		674
Estimated Amortization Expense [Abstract]
2024		844
2025		706
2026		572
2027		459
2028		355
2029 and thereafter		714
Net carrying value	[1]	3,650	1,272
Mortgage Servicing Rights (MSRs) [Member]
Amortizing intangible assets [Abstract]
Gross carrying value	[1]	2,457	2,336
Accumulated amortization	[1]	(1,502)	(1,362)
Net carrying value	[1]	955	974
Actual and Estimated Future Amortization Expense [Abstract]
Amortization expense		301
Estimated Amortization Expense [Abstract]
2024		280
2025		228
2026		177
2027		120
2028		71
2029 and thereafter		79
Net carrying value	[1]	955	974
Core Deposit Intangibles [Member]
Amortizing intangible assets [Abstract]
Gross carrying value	[1]	4,713	1,943
Accumulated amortization	[1]	(2,018)	(1,645)
Net carrying value	[1]	2,695	298
Actual and Estimated Future Amortization Expense [Abstract]
Amortization expense		373
Estimated Amortization Expense [Abstract]
2024		564
2025		478
2026		395
2027		339
2028		284
2029 and thereafter		635
Net carrying value	[1]	$ 2,695	$ 298
[1] Excludes fully amortized intangible assets

FEDERAL HOME LOAN BANK (FHLB)_2

FEDERAL HOME LOAN BANK (FHLB) STOCK (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
FEDERAL HOME LOAN BANK (FHLB) STOCK [Abstract]
Federal home loan bank stock	$ 14,997	$ 10,627
FHLB Stock, at par value (in dollars per share)	$ 100

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
DEPOSITS [Abstract]
Non-interest-bearing deposits	$ 523,784	$ 396,260
NOW accounts	670,712	512,502
Savings deposits	307,357	321,917
Money market deposit accounts	400,154	335,838
Certificates of deposit	419,474	277,691
Total deposits	2,321,481	1,844,208
Certificates of deposit of $250,000 or more [Abstract]
Certificates of deposit of $250,000 or more	94,812	56,287
Brokered deposits	109,284	$ 16,006
Maturities of certificates of deposit [Abstract]
2024	263,074
2025	87,829
2026	34,410
2027	17,250
2028	13,705
Thereafter	3,206
Total certificates of deposit	$ 419,474

BORROWED FUNDS AND REPURCHASE_3

BORROWED FUNDS AND REPURCHASE AGREEMENTS, Breakdown of Borrowed Funds (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Breakdown of Borrowed Funds [Abstract]
Borrowed funds		$ 322,036	$ 257,278
Highest balance at any month-end		448,362	259,215
Average balance		$ 326,605	$ 149,661
Weighted average interest rate paid during the year		4.64%	2.61%
Weighted average interest rate as of year end		5.46%	3.66%
Securities Sold Under Agreements to Repurchases [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[1]	$ 18,043	$ 17,776
Highest balance at any month-end	[1]	18,184	17,776
Average balance	[1]	$ 17,425	$ 16,246
Weighted average interest rate paid during the year	[1]	4.92%	1.95%
Weighted average interest rate as of year end	[1]	5.10%	4.13%
FHLB Advances [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[2]	$ 135,841	$ 169,110
Federal Home Loan Bank, advances, highest balance at any month-end	[2]	234,310	171,047
Federal Home Loan Bank, advances, average balance	[2]	$ 192,399	$ 69,571
Federal Home Loan Bank, advances, weighted average interest rate paid during the year	[2]	5.43%	3.50%
Federal Home Loan Bank, advances, weighted average interest rate as of year-end	[2]	5.68%	4.45%
Bank Federal Funds Lines [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[3]	$ 0	$ 0
Highest balance at any month-end	[3]	0	0
Average balance	[3]	$ 0	$ 3
Weighted average interest rate paid during the year	[3]	6.53%	1.99%
Weighted average interest rate as of year end	[3]	0%	0%
FRB BIC Line [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[4]	$ 0	$ 0
Highest balance at any month-end	[4]	0	0
Average balance	[4]	$ 29	$ 49
Weighted average interest rate paid during the year	[4]	5.24%	1.76%
Weighted average interest rate as of year end	[4]	0%	0%
Line of Credit [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[5]	$ 12,572	$ 0
Highest balance at any month-end	[5]	17,500	0
Average balance	[5]	$ 5,880	$ 0
Weighted average interest rate paid during the year	[5]	8.48%	0%
Weighted average interest rate as of year end	[5]	8.50%	0%
FRB Term Funding Program [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[6]	$ 20,000	$ 0
Highest balance at any month-end	[6]	20,000	0
Average balance	[6]	$ 329	$ 0
Weighted average interest rate paid during the year	[6]	4.84%	0%
Weighted average interest rate as of year end	[6]	4.84%	0%
Other Secured Borrowings [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[7]	$ 10,860	$ 0
Highest balance at any month-end	[7]	14,160	0
Average balance	[7]	$ 7,390	$ 0
Weighted average interest rate paid during the year	[7]	5.35%	0%
Weighted average interest rate as of year end	[7]	5.33%	0%
Subordinated Debt [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[8]	$ 18,933	$ 9,892
Highest balance at any month-end	[8]	18,933	9,892
Average balance	[8]	$ 14,745	$ 9,885
Weighted average interest rate paid during the year	[8]	5.50%	4.18%
Weighted average interest rate as of year end	[8]	6.30%	4.18%
Notes Payable [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[9]	$ 7,500	$ 7,500
Highest balance at any month-end	[9]	7,500	7,500
Average balance	[9]	$ 7,500	$ 7,500
Weighted average interest rate paid during the year	[9]	3.65%	3.63%
Weighted average interest rate as of year end	[9]	3.65%	3.57%
Term Loans [Member]
Breakdown of Borrowed Funds [Abstract]
Borrowed funds	[10]	$ 98,287	$ 53,000
Highest balance at any month-end	[10]	117,775	53,000
Average balance	[10]	$ 80,908	$ 46,407
Weighted average interest rate paid during the year	[10]	2.30%	1%
Weighted average interest rate as of year end	[10]	4.94%	1%
[1]We utilize securities sold under agreements to repurchase to facilitate the needs of our customers and to facilitate secured short-term funding needs. Securities sold under agreements to repurchase are stated at the amount of cash received in connection with the transaction. We monitor collateral levels on a continuous basis. We may be required to provide additional collateral based on the fair value of the underlying securities. Securities pledged as collateral under repurchase agreements are maintained with our safekeeping agents. The collateral pledged on the repurchase agreements by the remaining contractual maturity of the repurchase agreements in the Consolidated Balance Sheets as of December 31, 2023 and December 31, 2022 is presented in the following tables (in thousands).[2]FHLB Advances consist of an “Open RepoPlus” agreement with the FHLB of Pittsburgh. FHLB “Open RepoPlus” advances are short-term borrowings that bear interest based on the FHLB discount rate or Federal Funds rate, whichever is higher. The Company has a borrowing limit of $1,074,864,000, inclusive of any outstanding advances and letters of credit. FHLB advances are secured by a blanket security agreement that includes the Company’s FHLB stock, as well as certain investment and mortgage-backed securities held in safekeeping at the FHLB and certain residential and commercial mortgage loans. A portion of these advances, $43.0 million, are subject to interest rate swap arrangements. See Note 19 for additional information.[3]The federal funds lines consist of unsecured lines from two third party banks at market rates. The Bank has a borrowing limit totaling $34,000,000, inclusive of any outstanding balances. No specific collateral is required to be pledged for these borrowings.[4]The Federal Reserve Bank Borrower in Custody (FRB BIC) Line consists of a borrower in custody in agreement opened in January 2010 with the Federal Reserve Bank of Philadelphia secured by municipal loans maintained in the Company’s possession. As of December 31, 2023, and 2022, the Company has a borrowing limit of $993,000 and $1,050,000, respectively, inclusive of any outstanding advances. The approximate carrying value of the municipal loan collateral was $1,230,000 and $1,360,000 as of December 31, 2023 and 2022, respectively.[5]The Company issued a $15.0 million revolving line of credit in December 2023 with a New York community bank with a maturity date of January 1, 2026, subject to certain covenants. The line is subject to an annual fee of $20,000. Interest on outstanding borrowings is payable at prime. No specific collateral is required to be pledged for these borrowings.[6]The Federal Reserve’s Bank Term Funding Program (BTFP) consists of a loan agreement opened in the second quarter of 2023 with the Federal Reserve Bank of Philadelphia secured by US treasury and SBA securities. The BTFP offers loans of up to one year in length. As of December 31, 2023, the Bank has a borrowing limit of $54,525,000, which also represents the par value of the pledged securities.as of December 31, 2023. As of December 31, 2023, $20,000,000 was outstanding under the BTFP.[7]The Company entered into an agreement with a counterparty that provides for the Company the right to obtain collateral from the counterparty depending on the value of the underlying derivative instrument. The value of the collateral obtained can fluctuate daily. A market interest is required to be paid on any collateral held. As of December 31, 2023, the Company is holding $10,860,000 of collateral, which is included in cash on the Consolidated Balance sheet.[8] In April 2021, the Company issued $10.0 million of fixed to floating rate subordinated notes that mature on April 16, 2031, unless redeemed earlier. The notes bear interest at 4% per annum through April 16, 2026 and subsequently pay interest at the 90-day average secured overnight financing rate, determined on the determination date of the applicable interest period, plus 323 This note has a maturity date of May 28, 2031, and has a coupon rate of 4.50% per annum through May 28, 2026. Thereafter, the note rate is adjustable and resets quarterly based on the then current 90-day average Secured Overnight Financing Rate (“SOFR”) plus 325 In December 2003, the Company formed a special purpose entity (“Entity”) to issue $7,500,000 of floating rate obligated mandatory redeemable trust preferred securities as part of a pooled offering. The rate was determined quarterly and floated based on the 3-month SOFR plus 2.80 percent. The Entity may redeem them, in whole or in part, at face value after December 17, 2008, and on a quarterly basis thereafter. The Company borrowed the proceeds of the issuance from the Entity in December 2003 in the form of a $7,500,000 note payable. Debt issue costs of $75,000 have been capitalized and fully amortized as of December 31, 2008. Under current accounting rules, the Company’s minority interest in the Entity was recorded at the initial investment amount and is included in the other assets section of the balance sheet. The Entity is not consolidated as part of the Company’s consolidated financial statements. The $7,500,000 note payable is subject to an interest rate swap arrangement. See Note 19 for additional information.

BORROWED FUNDS AND REPURCHASE_4

BORROWED FUNDS AND REPURCHASE AGREEMENTS, Collateral Pledged on the Repurchase Agreements by Contractual Maturity (Details) - USD ($) $ in Thousands			12 Months Ended
		Apr. 16, 2021	Dec. 31, 2023	Dec. 31, 2022	Apr. 30, 2021	Dec. 31, 2008	Dec. 31, 2003
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			$ 19,490	$ 20,371
Total liability recognized for repurchase agreements			18,043	17,776
Borrowed Funds And Repurchase Agreement [Abstract]
Borrowed funds			322,036	257,278
Interest Rate Swap Arrangements [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Portion of advances subject to interest rate swap arrangements			43,000
Notes payable amount			7,500
HV Bancorp, Inc. [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Carrying value of securities pledged as collateral			9,028
U.S. Agency Securities [Member]
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			19,490	20,371
Overnight and Continuous [Member]
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			19,490	20,371
Overnight and Continuous [Member] | U.S. Agency Securities [Member]
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			19,490	20,371
Up to 30 Days [Member]
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			0	0
Up to 30 Days [Member] | U.S. Agency Securities [Member]
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			0	0
30 - 90 Days [Member]
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			0	0
30 - 90 Days [Member] | U.S. Agency Securities [Member]
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			0	0
Greater than 90 Days [Member]
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			0	0
Greater than 90 Days [Member] | U.S. Agency Securities [Member]
Remaining Contractual Maturity of Agreements [Abstract]
Total carrying value of collateral pledged			0	0
FHLB Advances [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Maximum borrowing limit			1,074,864
Borrowed funds	[1]		135,841	169,110
Bank Federal Funds Lines [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Maximum borrowing limit			34,000
Borrowed funds	[2]		0	0
FRB BIC Line [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Maximum borrowing limit			993	1,050
Carrying value of securities pledged as collateral			1,230	1,360
Borrowed funds	[3]		0	0
FRB Term Funding Program [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Maximum borrowing limit			54,525
Borrowed funds	[4]		$ 20,000	0
Subordinated Debt [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Face amount of debt					$ 10,000
Variable rate basis			90-day
Basis points interest rate		3.23%
Unamortized debt issuance costs		$ 131	$ 95
Stated interest rate		4%
Notes maturity date			Apr. 16, 2031
Borrowed funds	[5]		$ 18,933	9,892
Subordinated Debt [Member] | HV Bancorp, Inc. [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Face amount of debt			$ 10,000
Variable rate basis			90-day
Basis points interest rate			3.25%
Stated interest rate			4.50%
Notes maturity date			May 28, 2031
Fair market value			$ 8,873
Notes Payable [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Face amount of debt			$ 7,500
Variable rate basis			3-month SOFR
Basis points interest rate			2.80%
Notional amount of derivative liability							$ 7,500
Unamortized debt issuance costs						$ 75
Borrowed funds	[6]		$ 7,500	7,500
Line of Credit [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Borrowed funds	[7]		12,572	0
Line of Credit [Member] | New York Community Bank [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Revolving line of credit maximum borrowing capacity			$ 15,000
Notes maturity date			Jan. 01, 2026
Revolving line of credit, annual fee			$ 20
Term Loans [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Borrowed funds	[8]		$ 98,287	53,000
Term Loans [Member] | January 2, 2024 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			5.73%
Notes maturity date			Jan. 02, 2024
Borrowed funds			$ 25,000	0
Term Loans [Member] | February 14, 2024 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			5.64%
Notes maturity date			Feb. 14, 2024
Borrowed funds			$ 18,000	0
Term Loans [Member] | March 28, 2024 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			2.46%
Notes maturity date			Mar. 28, 2024
Borrowed funds			$ 5,000	5,000
Term Loans [Member] | August 20, 2024 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			1.70%
Notes maturity date			Aug. 20, 2024
Borrowed funds			$ 5,000	5,000
Term Loans [Member] | November 11, 2024 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			4.75%
Notes maturity date			Nov. 11, 2024
Borrowed funds			$ 5,000	0
Term Loans [Member] | May 12, 2025 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			4.47%
Notes maturity date			May 12, 2025
Borrowed funds			$ 10,000	0
Term Loans [Member] | November 12, 2025 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			4.32%
Notes maturity date			Nov. 12, 2025
Borrowed funds			$ 5,000	0
Term Loans [Member] | July 7, 2025 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			5.03%
Notes maturity date			Jul. 07, 2025
Borrowed funds			$ 25,287	0
Term Loans [Member] | January 3, 2023 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			3.86%
Notes maturity date			Jan. 03, 2023
Borrowed funds			$ 0	25,000
Term Loans [Member] | February 14, 2023 [Member]
Borrowed Funds And Repurchase Agreement [Abstract]
Stated interest rate			4.57%
Notes maturity date			Feb. 14, 2023
Borrowed funds			$ 0	$ 18,000
[1]FHLB Advances consist of an “Open RepoPlus” agreement with the FHLB of Pittsburgh. FHLB “Open RepoPlus” advances are short-term borrowings that bear interest based on the FHLB discount rate or Federal Funds rate, whichever is higher. The Company has a borrowing limit of $1,074,864,000, inclusive of any outstanding advances and letters of credit. FHLB advances are secured by a blanket security agreement that includes the Company’s FHLB stock, as well as certain investment and mortgage-backed securities held in safekeeping at the FHLB and certain residential and commercial mortgage loans. A portion of these advances, $43.0 million, are subject to interest rate swap arrangements. See Note 19 for additional information.[2]The federal funds lines consist of unsecured lines from two third party banks at market rates. The Bank has a borrowing limit totaling $34,000,000, inclusive of any outstanding balances. No specific collateral is required to be pledged for these borrowings.[3]The Federal Reserve Bank Borrower in Custody (FRB BIC) Line consists of a borrower in custody in agreement opened in January 2010 with the Federal Reserve Bank of Philadelphia secured by municipal loans maintained in the Company’s possession. As of December 31, 2023, and 2022, the Company has a borrowing limit of $993,000 and $1,050,000, respectively, inclusive of any outstanding advances. The approximate carrying value of the municipal loan collateral was $1,230,000 and $1,360,000 as of December 31, 2023 and 2022, respectively.[4]The Federal Reserve’s Bank Term Funding Program (BTFP) consists of a loan agreement opened in the second quarter of 2023 with the Federal Reserve Bank of Philadelphia secured by US treasury and SBA securities. The BTFP offers loans of up to one year in length. As of December 31, 2023, the Bank has a borrowing limit of $54,525,000, which also represents the par value of the pledged securities.as of December 31, 2023. As of December 31, 2023, $20,000,000 was outstanding under the BTFP.[5] In April 2021, the Company issued $10.0 million of fixed to floating rate subordinated notes that mature on April 16, 2031, unless redeemed earlier. The notes bear interest at 4% per annum through April 16, 2026 and subsequently pay interest at the 90-day average secured overnight financing rate, determined on the determination date of the applicable interest period, plus 323 This note has a maturity date of May 28, 2031, and has a coupon rate of 4.50% per annum through May 28, 2026. Thereafter, the note rate is adjustable and resets quarterly based on the then current 90-day average Secured Overnight Financing Rate (“SOFR”) plus 325 In December 2003, the Company formed a special purpose entity (“Entity”) to issue $7,500,000 of floating rate obligated mandatory redeemable trust preferred securities as part of a pooled offering. The rate was determined quarterly and floated based on the 3-month SOFR plus 2.80 percent. The Entity may redeem them, in whole or in part, at face value after December 17, 2008, and on a quarterly basis thereafter. The Company borrowed the proceeds of the issuance from the Entity in December 2003 in the form of a $7,500,000 note payable. Debt issue costs of $75,000 have been capitalized and fully amortized as of December 31, 2008. Under current accounting rules, the Company’s minority interest in the Entity was recorded at the initial investment amount and is included in the other assets section of the balance sheet. The Entity is not consolidated as part of the Company’s consolidated financial statements. The $7,500,000 note payable is subject to an interest rate swap arrangement. See Note 19 for additional information.

BORROWED FUNDS AND REPURCHASE_5

BORROWED FUNDS AND REPURCHASE AGREEMENTS, Maturities of Borrowed Funds (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Maturities of borrowed funds [Abstract]
2024	$ 255,316
2025	40,287
2026	0
2027	0
2028	0
Thereafter	26,433
Total borrowed funds	$ 322,036	$ 257,278

EMPLOYEE BENEFIT PLANS, Noncont

EMPLOYEE BENEFIT PLANS, Noncontributory Defined Benefit Pension Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
EMPLOYEE BENEFIT PLANS [Abstract]
Employer discretionary contribution to 401 (k) plan	$ 354	$ 300	$ 290
Amounts recognized in accumulated other comprehensive loss consists of [Abstract]
Total	84	912	1,494
Pension Plan [Member]
Change in benefit obligation [Roll Forward]
Benefit obligation at beginning of year	9,324	13,123
Service cost	306	356	380
Interest cost	433	275	270
Actuarial (Gain) / Loss	280	(3,230)
Settlement gain	0	(37)
Benefits paid	(787)	(1,163)
Benefit obligation at end of year	9,556	9,324	13,123
Change in plan assets [Roll Forward]
Fair value of plan assets at beginning of year	11,335	13,916
Actual return (loss) on plan assets	1,114	(1,418)
Employer contributions	0	0
Benefits paid	(787)	(1,163)
Fair value of plan assets at end of year	11,662	11,335	13,916
Funded status	2,106	2,011
Amounts recognized in accumulated other comprehensive loss consists of [Abstract]
Net loss	1,231	1,336
Prior service cost	0	0
Total	1,231	1,336
Components of net periodic benefit cost [Abstract]
Service cost	306	356	380
Interest cost	433	275	270
Return on plan assets	(769)	(935)	(895)
Settlement loss (gain)	0	144	235
Net amortization and deferral	41	96	336
Net periodic benefit (income) cost	11	$ (64)	$ 326
Amounts that will be amortized from accumulated other comprehensive loss into the net periodic benefit cost in 2021, related to estimated net loss	$ 9
Weighted-average assumptions used to determine benefit obligations [Abstract]
Rate of compensation increase	3%	3%	3%
Weighted-average assumptions used to determine net periodic benefit cost (income) [Abstract]
Rate of compensation increase	3%	3%	3%
Pension Plan [Member] | FCCB Plan [Member]
Weighted-average assumptions used to determine benefit obligations [Abstract]
Discount rate	4.50%	4.75%	2.25%
Weighted-average assumptions used to determine net periodic benefit cost (income) [Abstract]
Discount rate	4.75%	2.25%	2%
Expected long-term return on plan assets	7%	7%	7%

EMPLOYEE BENEFIT PLANS, Nonco_2

EMPLOYEE BENEFIT PLANS, Noncontributory Defined Benefit Pension Plan Fair Value of Plan Assets (Details) - Pension Plan [Member] - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Assets [Abstract]
Fair value of plan assets	$ 11,662	$ 11,335	$ 13,916
Allocation	100%	100%
Expected employer contribution to pension plan	$ 0
Expected future benefit payments [Abstract]
2024	515
2025	842
2026	1,854
2027	1,176
2028	636
2029 - 2033	4,789
Level I [Member]
Assets [Abstract]
Fair value of plan assets	9,446	$ 9,144
Level II [Member]
Assets [Abstract]
Fair value of plan assets	2,216	2,191
Level III [Member]
Assets [Abstract]
Fair value of plan assets	0	0
Cash and Cash Equivalents [Member]
Assets [Abstract]
Fair value of plan assets	$ 380	$ 431
Allocation	3.30%	3.80%
Cash and Cash Equivalents [Member] | Level I [Member]
Assets [Abstract]
Fair value of plan assets	$ 380	$ 431
Cash and Cash Equivalents [Member] | Level II [Member]
Assets [Abstract]
Fair value of plan assets	0	0
Cash and Cash Equivalents [Member] | Level III [Member]
Assets [Abstract]
Fair value of plan assets	0	0
Equity Securities [Member]
Assets [Abstract]
Fair value of plan assets	$ 5,638	$ 5,391
Allocation	48.30%	47.60%
Equity Securities [Member] | Minimum [Member]
Target Allocations of Assets [Abstract]
Target plan asset allocations	50%
Equity Securities [Member] | Maximum [Member]
Target Allocations of Assets [Abstract]
Target plan asset allocations	70%
Equity Securities [Member] | Level I [Member]
Assets [Abstract]
Fair value of plan assets	$ 5,638	$ 5,391
Equity Securities [Member] | Level II [Member]
Assets [Abstract]
Fair value of plan assets	0	0
Equity Securities [Member] | Level III [Member]
Assets [Abstract]
Fair value of plan assets	0	0
Mutual Funds and ETF's [Member]
Assets [Abstract]
Fair value of plan assets	$ 3,428	$ 3,322
Allocation	29.40%	29.30%
Mutual Funds and ETF's [Member] | Level I [Member]
Assets [Abstract]
Fair value of plan assets	$ 3,428	$ 3,322
Mutual Funds and ETF's [Member] | Level II [Member]
Assets [Abstract]
Fair value of plan assets	0	0
Mutual Funds and ETF's [Member] | Level III [Member]
Assets [Abstract]
Fair value of plan assets	0	0
Corporate Bonds [Member]
Assets [Abstract]
Fair value of plan assets	$ 2,167	$ 2,143
Allocation	18.60%	18.90%
Corporate Bonds [Member] | Minimum [Member]
Target Allocations of Assets [Abstract]
Target plan asset allocations	30%
Corporate Bonds [Member] | Maximum [Member]
Target Allocations of Assets [Abstract]
Target plan asset allocations	50%
Corporate Bonds [Member] | Level I [Member]
Assets [Abstract]
Fair value of plan assets	$ 0	$ 0
Corporate Bonds [Member] | Level II [Member]
Assets [Abstract]
Fair value of plan assets	2,167	2,143
Corporate Bonds [Member] | Level III [Member]
Assets [Abstract]
Fair value of plan assets	0	0
U.S. Agency Securities [Member]
Assets [Abstract]
Fair value of plan assets	$ 49	$ 48
Allocation	0.40%	0.40%
U.S. Agency Securities [Member] | Level I [Member]
Assets [Abstract]
Fair value of plan assets	$ 0	$ 0
U.S. Agency Securities [Member] | Level II [Member]
Assets [Abstract]
Fair value of plan assets	49	48
U.S. Agency Securities [Member] | Level III [Member]
Assets [Abstract]
Fair value of plan assets	0	0
Common Stock [Member]
Assets [Abstract]
Fair value of plan assets	$ 746	$ 876
Allocation	6.40%	7.70%

EMPLOYEE BENEFIT PLANS, Defined

EMPLOYEE BENEFIT PLANS, Defined Contribution Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
EMPLOYEE BENEFIT PLANS [Abstract]
Employer contribution to 401 (k) defined contribution plan	$ 769	$ 623	$ 563

EMPLOYEE BENEFIT PLANS, Directo

EMPLOYEE BENEFIT PLANS, Directors' Deferred Compensation Plan (Details) - Director [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Deferred compensation liability	$ 604	$ 580
Deferred interest expense	$ 27	$ 11	$ 6

EMPLOYEE BENEFIT PLANS, Restric

EMPLOYEE BENEFIT PLANS, Restricted Stock Plan (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Additional General Disclosures [Abstract]
Share-based compensation expense	$ 309	$ 336	$ 614
Restricted Stock [Member]
Deferred Compensation Arrangements [Abstract]
Number of shares authorized (in shares)	150,000
Number of shares available for grant (in shares)	112,563
Unvested Shares [Roll Forward]
Outstanding, beginning of year (in shares)	6,622
Granted (in shares)	3,495
Forfeited (in shares)	(213)
Vested (in shares)	(3,197)
Outstanding, end of year (in shares)	6,707	6,622
Weighted Average Market Price [Roll Forward]
Outstanding, beginning of year (in dollars per share)	$ 58.51
Granted (in dollars per share)	77.77	$ 68.69	$ 60.73
Forfeited (in dollars per share)	63.12
Vested (in dollars per share)	61.69
Outstanding, end of year (in dollars per share)	$ 71.94	$ 58.51
Additional General Disclosures [Abstract]
Share-based compensation expense	$ 239	$ 279	$ 318
Compensation cost related to nonvested awards that has not yet recognized	$ 482
Period over which compensation cost is expected to be recognized	3 years

EMPLOYEE BENEFIT PLANS, Other P

EMPLOYEE BENEFIT PLANS, Other Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan [Abstract]
Obligation included in other liabilities	$ 610	$ 660
Supplemental Executive Retirement Plan [Member]
Defined Benefit Plan [Abstract]
Obligation included in other liabilities	2,897	2,706
Cost recognized	233	240	$ 473
Benefit payments	42	42	42
Deferred Compensation Plan [Member]
Defined Benefit Plan [Abstract]
Obligation included in other liabilities	1,503	1,235
Cost recognized	268	296	309
Benefit payments	0	0	0
Salary Continuation Plan [Member]
Defined Benefit Plan [Abstract]
Obligation included in other liabilities	575	617
Cost recognized	44	47	49
Benefit payments	87	76	76
Continuation of Life Insurance Plan [Member]
Defined Benefit Plan [Abstract]
Obligation included in other liabilities	610	660
Cost recognized			$ 9
Benefit payments	$ 50	$ 36

INCOME TAXES, Provision for Inc

INCOME TAXES, Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Provision for income taxes [Abstract]
Currently payable	$ 3,109	$ 6,471	$ 5,510
Deferred tax liability (asset)	595	(36)	689
Provision for income taxes	$ 3,704	$ 6,435	$ 6,199

INCOME TAXES, Deferred Tax Asse

INCOME TAXES, Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets [Abstract]
Allowance for credit losses	$ 5,868	$ 4,581
Deferred compensation	597	559
Merger & acquisition costs	0	1
Allowance for losses on available-for-sale securities	147	9
Pension and other retirement obligation	166	146
Interest on non-accrual loans	1,263	974
Incentive plan accruals	662	503
Other real estate owned	16	32
Unrealized losses on available-for-sale securities	7,506	9,972
Low income housing tax credits	44	138
NOL carry forward	2,468	1,134
Unrealized losses on equity securities	24	0
Non-PCD loan interest rate	4,795	0
Right of use asset	2,349	1,053
Accrued vacation	281	157
Other	428	164
Total	26,614	19,423
Deferred tax liabilities [Abstract]
Premises and equipment	(679)	(492)
Investment securities accretion	(432)	(240)
Loan fees and costs	(859)	(685)
Goodwill and core deposit intangibles	(2,889)	(2,332)
Mortgage servicing rights	(201)	(205)
Unrealized gains on equity securities	0	(16)
Unrealized gains on interest rate swap	(1,143)	(1,443)
Borrowings fair value adjustment	(511)	0
Lease liability	(2,334)	(1,047)
Other	(227)	(77)
Total	(9,275)	(6,537)
Deferred tax asset, net	17,339	12,886
Valuation allowance	$ 0	$ 0

INCOME TAXES, Provision for I_2

INCOME TAXES, Provision for Income Taxes Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Provision for income taxes reconciliation [Abstract]
Provision at statutory rates on pre-tax income	$ 4,514	$ 7,450	$ 7,413
Effect of tax-exempt income	(895)	(835)	(764)
Low income housing tax credits	(585)	(141)	(141)
Low income housing expense	399	0	0
Bank owned life insurance	(263)	(179)	(384)
Nondeductible interest	251	74	44
Nondeductible merger and acquisition expenses	247	61	0
Change in tax rate	0	0	0
Other items	36	5	31
Provision for income taxes	$ 3,704	$ 6,435	$ 6,199
Statutory tax rates	21%	21%	21%
Effective tax rates	17.20%	18.10%	17.60%

INCOME TAXES, Other Tax Informa

INCOME TAXES, Other Tax Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Other Tax Information [Abstract]
Minimum percentages of tax position liable to be realized upon ultimate settlement	50%
Liability for uncertain tax positions	$ 0
Unrecognized tax benefits	$ 0

AFFORDABLE HOUSING PROJECTS T_3

AFFORDABLE HOUSING PROJECTS TAX CREDIT PARTNERSHIPS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
AFFORDABLE HOUSING PROJECTS TAX CREDIT PARTNERSHIPS [Abstract]
Net affordable housing tax credit investments and related unfunded commitments	$ 8,541	$ 1,304
Unfunded Affordable Housing Commitments [Abstract]
2024	4,063
2025	2,169
2026	124
2027	19
2028	19
Thereafter	136
Expected payments for unfunded affordable housing commitments	6,530
Effective Yield Method [Abstract]
Tax credits and other tax benefits recognized	0	141	$ 141
Amortization expense in other expense	0	108	108
Proportional Amortization Method [Abstract]
Tax credits and other tax benefits recognized	948	0	0
Amortization expense in provision for income taxes	762	0	0
Impairment losses related to LIHTC investments	$ 0	$ 0	$ 0

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME, Components of Accumulated Other Comprehensive Income (Loss), Net of Tax (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Components of accumulated other comprehensive loss, net of tax [Abstract]
Net unrealized loss on securities available for sale		$ (35,743)	$ (47,487)
Tax effect		7,505	9,973
Net -of-tax amount		(28,238)	(37,514)
Unrealized loss on interest rate swaps [Abstract]
Unrealized gain on interest rate swaps		5,441	6,873
Tax effect		(1,142)	(1,444)
Net -of-tax amount		4,299	5,429
Unrecognized pension costs [Abstract]
Unrecognized pension costs		(1,231)	(1,336)
Tax effect		259	280
Net -of-tax amount		(972)	(1,056)
Total accumulated other comprehensive loss		(24,911)	(33,141)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance		200,147	212,492	$ 194,259
Other comprehensive income (loss) before reclassifications (net of tax)		9,899	(32,959)	(2,954)
Amounts reclassified from accumulated other comprehensive (loss) income (net of tax)		(1,669)	(27)	212
Net other comprehensive income (loss)		8,230	(32,986)	(2,742)
Balance		279,666	200,147	212,492
Accumulated Other Comprehensive Income (Loss) [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance		(33,141)	(155)	2,587
Net other comprehensive income (loss)		8,230	(32,986)	(2,742)
Balance		(24,911)	(33,141)	(155)
Unrealized Gain (Loss) on Available for Sale Securities [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	[1]	(37,514)	304	6,058
Other comprehensive income (loss) before reclassifications (net of tax)	[1]	9,237	(37,829)	(5,586)
Amounts reclassified from accumulated other comprehensive (loss) income (net of tax)	[1]	39	11	(168)
Net other comprehensive income (loss)	[1]	9,276	(37,818)	(5,754)
Balance	[1]	(28,238)	(37,514)	304
Unrealized Gain (Loss) on Interest Rate Swap [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	[1]	5,429	1,509	(9)
Other comprehensive income (loss) before reclassifications (net of tax)	[1]	610	4,034	1,403
Amounts reclassified from accumulated other comprehensive (loss) income (net of tax)	[1]	(1,740)	(114)	115
Net other comprehensive income (loss)	[1]	(1,130)	3,920	1,518
Balance	[1]	4,299	5,429	1,509
Defined Benefit Pension Items [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance	[1]	(1,056)	(1,968)	(3,462)
Other comprehensive income (loss) before reclassifications (net of tax)	[1]	52	836	1,229
Amounts reclassified from accumulated other comprehensive (loss) income (net of tax)	[1]	32	76	265
Net other comprehensive income (loss)	[1]	84	912	1,494
Balance	[1]	$ (972)	$ (1,056)	$ (1,968)
[1]Amounts in parentheses indicate debits

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME, Reclassification (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
AOCI Attributable to Parent [Abstract]
Realized securities gains (losses)		$ (144)	$ (247)	$ 339
Interest expense		(46,858)	(11,223)	(7,105)
Provision for income taxes		(3,704)	(6,435)	(6,199)
NET INCOME		17,811	29,060	29,118
Amount Reclassified from Accumulated Comprehensive Income (Loss) [Member]
AOCI Attributable to Parent [Abstract]
NET INCOME	[1]	1,669	27	(212)
Unrealized Gains and Losses on Available For Sale Securities [Member] | Amount Reclassified from Accumulated Comprehensive Income (Loss) [Member]
AOCI Attributable to Parent [Abstract]
Realized securities gains (losses)	[1]	(51)	(14)	212
Provision for income taxes	[1]	12	3	(44)
NET INCOME	[1]	(39)	(11)	168
Unrealized Gain (Loss) on Interest Rate Swap [Member] | Amount Reclassified from Accumulated Comprehensive Income (Loss) [Member]
AOCI Attributable to Parent [Abstract]
Interest expense	[1]	2,203	145	(147)
Provision for income taxes	[1]	(463)	(31)	32
NET INCOME	[1]	1,740	114	(115)
Defined Benefit Pension Items [Member] | Amount Reclassified from Accumulated Comprehensive Income (Loss) [Member]
AOCI Attributable to Parent [Abstract]
Other expenses	[1]	(41)	(96)	(336)
Provision for income taxes	[1]	9	20	71
NET INCOME	[1]	$ (32)	$ (76)	$ (265)
[1]Amounts in parentheses indicate debits

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Loans to Related Parties [Roll Forward]
Letter of credit	$ 1,663	$ 0
Officers, Directors, Stockholders and Associates [Member]
Loans to Related Parties [Roll Forward]
Balance, beginning of year	9,592	11,680
New loans	7,786	5,199
Repayments	(4,463)	(7,287)
Balance, end of year	$ 12,915	$ 9,592

REGULATORY MATTERS (Details)

REGULATORY MATTERS (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) Category	Dec. 31, 2022 USD ($)
Dividend Restrictions [Abstract]
Number of preceding years retained net income used for restrictions on dividend declaration	2 years
Dividends that can be declared without the approval of the Comptroller of the Currency	$ 29,939
Loans [Abstract]
Regulatory lending limit	$ 40,819
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Number of capital categories | Category	5
Company [Member]
Actual Amount [Abstract]
Total capital (to risk-weighted assets)		$ 238,966
Tier 1 capital (to risk-weighted assets)		210,250
Common equity tier 1 capital (to risk weighted assets)		202,750
Tier 1 capital (to average assets)		$ 210,250
Actual Ratio [Abstract]
Total capital (to risk-weighted assets)		0.1287
Tier 1 capital (to risk-weighted assets)		0.1132
Common equity Tier 1 capital (to risk weighted assets)		0.1092
Tier 1 capital (to average assets)		0.0903
For Capital Adequacy Purposes Amount [Abstract]
Total capital (to risk-weighted assets)		$ 148,567
Tier 1 capital (to risk-weighted assets)		111,425
Common equity Tier 1 capital (to risk weighted assets)		83,569
Tier 1 capital (to average assets)		$ 93,161
For Capital Adequacy Purposes Ratio [Abstract]
Total capital (to risk-weighted assets)		0.08
Tier 1 capital (to risk-weighted assets)		0.06
Common equity Tier 1 capital (to risk weighted assets)		0.045
Tier 1 capital (to average assets)		0.04
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount [Abstract]
Total capital (to risk-weighted assets)		$ 185,709
Tier 1 capital (to risk-weighted assets)		148,567
Common equity Tier 1 capital (to risk weighted assets)		120,711
Tier 1 capital (to average assets)		$ 116,451
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio [Abstract]
Total capital (to risk-weighted assets)		0.10
Tier 1 capital (to risk-weighted assets)		0.08
Common equity Tier 1 capital (to risk weighted assets)		0.065
Tier 1 capital (to average assets)		0.05
Bank [Member]
Actual Amount [Abstract]
Total capital (to risk-weighted assets)		$ 222,714
Tier 1 capital (to risk-weighted assets)		203,998
Common equity tier 1 capital (to risk weighted assets)		203,998
Tier 1 capital (to average assets)		$ 203,998
Actual Ratio [Abstract]
Total capital (to risk-weighted assets)		0.1201
Tier 1 capital (to risk-weighted assets)		0.11
Common equity Tier 1 capital (to risk weighted assets)		0.11
Tier 1 capital (to average assets)		0.0877
For Capital Adequacy Purposes Amount [Abstract]
Total capital (to risk-weighted assets)		$ 148,348
Tier 1 capital (to risk-weighted assets)		111,261
Common equity Tier 1 capital (to risk weighted assets)		83,446
Tier 1 capital (to average assets)		$ 93,075
For Capital Adequacy Purposes Ratio [Abstract]
Total capital (to risk-weighted assets)		0.08
Tier 1 capital (to risk-weighted assets)		0.06
Common equity Tier 1 capital (to risk weighted assets)		0.045
Tier 1 capital (to average assets)		0.04
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount [Abstract]
Total capital (to risk-weighted assets)		$ 185,435
Tier 1 capital (to risk-weighted assets)		148,348
Common equity Tier 1 capital (to risk weighted assets)		120,533
Tier 1 capital (to average assets)		$ 116,344
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio [Abstract]
Total capital (to risk-weighted assets)		0.10
Tier 1 capital (to risk-weighted assets)		0.08
Common equity Tier 1 capital (to risk weighted assets)		0.065
Tier 1 capital (to average assets)		0.05

COMMITMENTS, CONTINGENT LIABI_3

COMMITMENTS, CONTINGENT LIABILITIES, RISKS AND UNCERTAINTIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Credit Extension Commitments [Abstract]
Contractual obligation	$ 564,688	$ 453,421
Coverage period for instruments	1 year
Non-contractual obligation	$ 13,121
Allowance for credit losses - off-balance sheet credit exposure	1,265	165	$ 165
Commitments to Extend Credit [Member]
Credit Extension Commitments [Abstract]
Contractual obligation	546,006	437,449
Standby Letters of Credit [Member]
Credit Extension Commitments [Abstract]
Contractual obligation	$ 18,682	$ 15,972

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS, Estimated Fair Value Positions of Derivative Contracts (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) Contract	Dec. 31, 2022 USD ($) Contract
Derivative Fair Value [Abstract]
Number of interest rate swap contracts | Contract	6	6
Hedge ineffectiveness in earnings	$ 0	$ 0
Fair value of collateral of the derivative counterparties	13,000
Holding value of collateral of the derivative counterparties	10,900
Interest Rate Swap [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Asset [Member]
Derivative Fair Value [Abstract]
Notional amount	50,500
Derivative, fair value	$ 5,441	6,873
Interest Rate Swap with Fixed Interest Rate of 0.57% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member]
Derivative Fair Value [Abstract]
Maturity date	Dec. 31, 2025
Interest Rate Swap with Fixed Interest Rate of 0.57% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | SOFR [Member]
Derivative Fair Value [Abstract]
Basis spread on variable rate	0.26161%
Interest Rate Swap with Fixed Interest Rate of 0.57% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Asset [Member]
Derivative Fair Value [Abstract]
Notional amount	$ 15,000
Fixed interest rate paid	0.57%
Derivative, fair value	$ 887	1,269
Interest Rate Swap with Fixed Interest Rate of 0.65% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member]
Derivative Fair Value [Abstract]
Maturity date	Dec. 31, 2027
Interest Rate Swap with Fixed Interest Rate of 0.65% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | SOFR [Member]
Derivative Fair Value [Abstract]
Basis spread on variable rate	0.26161%
Interest Rate Swap with Fixed Interest Rate of 0.65% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Asset [Member]
Derivative Fair Value [Abstract]
Notional amount	$ 10,000
Fixed interest rate paid	0.65%
Derivative, fair value	$ 1,009	1,324
Interest Rate Swap with Fixed Interest Rate of 3.57% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member]
Derivative Fair Value [Abstract]
Maturity date	Dec. 31, 2027
Interest Rate Swap with Fixed Interest Rate of 3.57% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | SOFR [Member]
Derivative Fair Value [Abstract]
Basis spread on variable rate	0.26161%
Interest Rate Swap with Fixed Interest Rate of 3.57% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Asset [Member]
Derivative Fair Value [Abstract]
Notional amount	$ 7,500
Fixed interest rate paid	3.57%
Basis spread on variable rate	2.80%
Derivative, fair value	$ 764	995
Interest Rate Swap with Fixed Interest Rate of 0.61% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member]
Derivative Fair Value [Abstract]
Maturity date	Dec. 31, 2027
Interest Rate Swap with Fixed Interest Rate of 0.61% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | SOFR [Member]
Derivative Fair Value [Abstract]
Basis spread on variable rate	0.26161%
Interest Rate Swap with Fixed Interest Rate of 0.61% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Asset [Member]
Derivative Fair Value [Abstract]
Notional amount	$ 6,000
Fixed interest rate paid	0.61%
Derivative, fair value	$ 630	822
Interest Rate Swap with Fixed Interest Rate of 0.72% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member]
Derivative Fair Value [Abstract]
Maturity date	Dec. 31, 2029
Interest Rate Swap with Fixed Interest Rate of 0.72% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | SOFR [Member]
Derivative Fair Value [Abstract]
Basis spread on variable rate	0.26161%
Interest Rate Swap with Fixed Interest Rate of 0.72% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Asset [Member]
Derivative Fair Value [Abstract]
Notional amount	$ 6,000
Fixed interest rate paid	0.72%
Derivative, fair value	$ 894	1,065
Interest Rate Swap with Fixed Interest Rate of 0.82% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member]
Derivative Fair Value [Abstract]
Maturity date	Dec. 31, 2032
Interest Rate Swap with Fixed Interest Rate of 0.82% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | SOFR [Member]
Derivative Fair Value [Abstract]
Basis spread on variable rate	0.26161%
Interest Rate Swap with Fixed Interest Rate of 0.82% [Member] | Derivatives Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Asset [Member]
Derivative Fair Value [Abstract]
Notional amount	$ 6,000
Fixed interest rate paid	0.82%
Derivative, fair value	$ 1,257	1,398
Zero Premium Collar [Member] | Derivatives Not Designated as Hedging Instruments Under ASC 815 [Member]
Derivative Fair Value [Abstract]
Notional amount	69,500
Zero Premium Collar [Member] | Derivatives Not Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Liability [Member]
Derivative Fair Value [Abstract]
Notional amount	69,462	71,776
Derivative, fair value	(7,922)	(9,726)
Dealer Offset to Zero Premium Collar [Member] | Derivatives Not Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Asset [Member]
Derivative Fair Value [Abstract]
Notional amount	69,462	71,776
Derivative, fair value	7,922	9,726
IRLCs [Member] | Derivatives Not Designated as Hedging Instruments Under ASC 815 [Member] | Fair Value of Derivative Instruments - Asset [Member]
Derivative Fair Value [Abstract]
Notional amount	21,225	0
Derivative, fair value	$ 324	$ 0

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS, Effect of Fair Value and Cash Flow Hedge Accounting on AOCI (Details) - Fair Value and Cash Flow Hedging [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Interest Expense [Member]
Interest Rate Cash Flow Hedges [Abstract]
Amount of (loss) gain reclassified from accumulated OCI into income	$ 2,203	$ 145
Interest Rate Products [Member]
Interest Rate Cash Flow Hedges [Abstract]
Amount of (loss) gain recognized in OCI on derivatives	$ (1,431)	$ 4,963

LEASES, Right-of-Use Assets, Le

LEASES, Right-of-Use Assets, Lease Liability, Weighted Average Term and Discount Rate and Lease Costs Other Lease Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Right of Use Assets [Abstract]
Operating lease right-of-use-assets	$ 11,116	$ 4,987
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Lease Liabilities [Abstract]
Operating lease liabilities	$ 11,188	$ 5,016
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities
Remaining Lease Term and Discount Rate [Abstract]
Weighted average term (years)	8 years 10 months 6 days
Weighted average discount rate	4.13%
Lease Cost [Abstract]
Operating lease cost	$ 1,400	$ 728	$ 676
Variable lease cost	177	64	63
Total lease cost	$ 1,577	$ 792	$ 739

LEASES, Undiscounted Cash Flows

LEASES, Undiscounted Cash Flows - Operating Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Undiscounted Cash Flows Due Within Operating [Abstract]
2024	$ 1,785
2025	1,671
2026	1,621
2027	1,624
2028	1,537
2029 and thereafter	5,406
Total undiscounted cash flows	13,644
Impact of present value discount	2,456
Amount reported on balance sheet	$ 11,188	$ 5,016
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS, Measured On A Recurring And Nonrecurring Basis (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Other Assets [Abstract]
Derivative instruments	$ 13,687	$ 16,599
Liabilities [Abstract]
Derivative instruments	(7,922)	(9,726)
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Collateral-Dependent Loans, estimated selling cost	396
Impaired loans, estimated selling cost		50
Recurring [Member]
Assets [Abstract]
Equity securities	1,938	2,208
Available for sale securities [Abstract]
U.S. Agency securities	60,771	70,677
U.S. Treasuries securities	143,288	148,570
Obligations of state and political subdivisions	101,787	110,300
Corporate obligations	12,403	9,383
Mortgage-backed securities in government sponsored entities	99,352	100,576
Other Assets [Abstract]
Derivative instruments	13,687	16,599
Liabilities [Abstract]
Derivative instruments	(7,922)	(9,726)
Recurring [Member] | Level I [Member]
Assets [Abstract]
Equity securities	1,938	2,208
Available for sale securities [Abstract]
U.S. Agency securities	0	0
U.S. Treasuries securities	143,288	148,570
Obligations of state and political subdivisions	0	0
Corporate obligations	0	0
Mortgage-backed securities in government sponsored entities	0	0
Other Assets [Abstract]
Derivative instruments	0	0
Liabilities [Abstract]
Derivative instruments	0	0
Recurring [Member] | Level II [Member]
Assets [Abstract]
Equity securities	0	0
Available for sale securities [Abstract]
U.S. Agency securities	60,771	70,677
U.S. Treasuries securities	0	0
Obligations of state and political subdivisions	101,787	110,300
Corporate obligations	12,403	9,383
Mortgage-backed securities in government sponsored entities	99,352	100,576
Other Assets [Abstract]
Derivative instruments	13,363	16,599
Liabilities [Abstract]
Derivative instruments	(7,922)	(9,726)
Recurring [Member] | Level III [Member]
Assets [Abstract]
Equity securities	0	0
Available for sale securities [Abstract]
U.S. Agency securities	0	0
U.S. Treasuries securities	0	0
Obligations of state and political subdivisions	0	0
Corporate obligations	0	0
Mortgage-backed securities in government sponsored entities	0	0
Other Assets [Abstract]
Derivative instruments	324	0
Liabilities [Abstract]
Derivative instruments	0	0
Nonrecurring [Member]
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Collateral-dependent loans	3,885
Other real estate owned	97	297
Impaired loans		496
Nonrecurring [Member] | Level I [Member]
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Collateral-dependent loans	0
Other real estate owned	0	0
Impaired loans		0
Nonrecurring [Member] | Level II [Member]
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Collateral-dependent loans	0
Other real estate owned	0	0
Impaired loans		0
Nonrecurring [Member] | Level III [Member]
Fair value assets and liabilities measured on non-recurring basis [Abstract]
Collateral-dependent loans	3,885
Other real estate owned	$ 97	297
Impaired loans		$ 496

FAIR VALUE OF FINANCIAL INSTR_4

FAIR VALUE OF FINANCIAL INSTRUMENTS, Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2023 USD ($)
IRLC Liability [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 0
Total gains (losses) (unrealized): Included in other comprehensive loss	0
Total (loss) gains included in earnings and held at reporting date	0
Purchases, sales and settlements	0
Transfers out of Level 3	0
Ending balance	0
Change in unrealized (losses) gains for the period included in earnings (or changes in net assets) for assets held	0
Change in unrealized losses for the period included other comprehensive loss for assets held	0
IRLC Assets [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	657
Total gains (losses) (unrealized): Included in other comprehensive loss	0
Total (loss) gains included in earnings and held at reporting date	(333)
Purchases, sales and settlements	0
Transfers out of Level 3	0
Ending balance	324
Change in unrealized (losses) for the period included in earnings (or changes in net assets) for assets held	(333)
Change in unrealized losses for the period included other comprehensive loss for assets held	$ 0

FAIR VALUE OF FINANCIAL INSTR_5

FAIR VALUE OF FINANCIAL INSTRUMENTS, Quantitative Information about Level 3 Fair Value Measurements (Details) $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative asset	$ 13,687	$ 16,599
IRLC [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative asset	324
Fair Value, Inputs, Level 3 [Member] | IRLC [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Net derivative asset	$ 324
Fair Value, Inputs, Level 3 [Member] | IRLC [Member] | Valuation Technique, Discounted Cash Flow [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Derivative Asset, Measurement Input	0.6363
Fair Value, Inputs, Level 3 [Member] | IRLC [Member] | Valuation Technique, Discounted Cash Flow [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Derivative Asset, Measurement Input	0.9424
Fair Value, Inputs, Level 3 [Member] | IRLC [Member] | Valuation Technique, Discounted Cash Flow [Member] | Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Derivative Asset, Measurement Input	0.8543

FAIR VALUE OF FINANCIAL INSTR_6

FAIR VALUE OF FINANCIAL INSTRUMENTS, Quantitative Information (Details) - Appraised Collateral Values [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Collateral-dependent loans	$ 3,885
Selling Costs [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Collateral-dependent loans, Measurement input	0.08
Selling Costs [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Collateral-dependent loans, Measurement input	0.12
Selling Costs [Member] | Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Collateral-dependent loans, Measurement input	0.102
Collateral-Dependent Loans [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Holding period	3 months
Collateral-Dependent Loans [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Holding period	12 months
Collateral-Dependent Loans [Member] | Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Holding period	6 months 19 days
Collateral-Dependent Loans [Member] | Discount for Time Since Appraisal [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Collateral-dependent loans, Measurement input	0
Collateral-Dependent Loans [Member] | Discount for Time Since Appraisal [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Collateral-dependent loans, Measurement input	1
Collateral-Dependent Loans [Member] | Discount for Time Since Appraisal [Member] | Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Collateral-dependent loans, Measurement input	0.2932
Impaired Loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans		$ 496
Impaired Loans [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Holding period		6 months
Impaired Loans [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Holding period		12 months
Impaired Loans [Member] | Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Holding period		11 months 15 days
Impaired Loans [Member] | Discount for Time Since Appraisal [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, Measurement input		0
Impaired Loans [Member] | Discount for Time Since Appraisal [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, Measurement input		1
Impaired Loans [Member] | Discount for Time Since Appraisal [Member] | Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, Measurement input		0.2516
Impaired Loans [Member] | Selling Costs [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, Measurement input		0.08
Impaired Loans [Member] | Selling Costs [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, Measurement input		0.10
Impaired Loans [Member] | Selling Costs [Member] | Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans, Measurement input		0.0841
Other Real Estate Owned [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Impaired loans	$ 97	$ 297
Other Real Estate Owned [Member] | Discount for Time Since Appraisal [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Other real estate owned, Measurement input	0.32
Other Real Estate Owned [Member] | Discount for Time Since Appraisal [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Other real estate owned, Measurement input		0.20
Other Real Estate Owned [Member] | Discount for Time Since Appraisal [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Other real estate owned, Measurement input		0.84
Other Real Estate Owned [Member] | Discount for Time Since Appraisal [Member] | Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Other real estate owned, Measurement input	0.32	0.3984

FAIR VALUE OF FINANCIAL INSTR_7

FAIR VALUE OF FINANCIAL INSTRUMENTS, By Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial Assets [Abstract]
Interest bearing time deposits with other banks	$ 4,070	$ 6,055
Level I [Member] | Recurring [Member]
Financial Assets [Abstract]
Interest bearing time deposits with other banks	0	0
Loans held for sale	0	0
Net loans	0	0
Financial Liabilities [Abstract]
Deposits	1,902,007	1,566,517
Borrowed funds	0	0
Level II [Member] | Recurring [Member]
Financial Assets [Abstract]
Interest bearing time deposits with other banks	0	0
Loans held for sale	0	0
Net loans	0	0
Financial Liabilities [Abstract]
Deposits	0	0
Borrowed funds	0	0
Level III [Member] | Recurring [Member]
Financial Assets [Abstract]
Interest bearing time deposits with other banks	4,070	6,055
Loans held for sale	9,379	725
Net loans	2,126,237	1,662,514
Financial Liabilities [Abstract]
Deposits	413,367	265,520
Borrowed funds	313,217	246,288
Carrying Amount [Member] | Recurring [Member]
Financial Assets [Abstract]
Interest bearing time deposits with other banks	4,070	6,055
Loans held for sale	9,379	725
Net loans	2,227,683	1,706,447
Financial Liabilities [Abstract]
Deposits	2,321,481	1,844,208
Borrowed funds	322,036	257,278
Fair Value [Member] | Recurring [Member]
Financial Assets [Abstract]
Interest bearing time deposits with other banks	4,070	6,055
Loans held for sale	9,379	725
Net loans	2,126,237	1,662,514
Financial Liabilities [Abstract]
Deposits	2,315,374	1,832,037
Borrowed funds	$ 313,217	$ 246,288

CONDENSED FINANCIAL INFORMATI_3

CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY, Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Assets [Abstract]
Cash	$ 37,733	$ 24,814
Investments	417,601	439,506
Investment in subsidiary [Abstract]
Other assets	59,074	25,802
TOTAL ASSETS	2,975,321	2,333,393
Liabilities [Abstract]
Other liabilities	39,918	20,802
Borrowed funds	322,036	257,278
TOTAL LIABILITIES	2,695,655	2,133,246
Stockholders' equity	279,666	200,147	$ 212,492	$ 194,259
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	2,975,321	2,333,393
Parent Company [Member]
Assets [Abstract]
Cash	1,685	13,490
Investments	1,780	2,116
Investment in subsidiary [Abstract]
First Citizens Community Bank	313,381	200,610
Other assets	2,891	2,291
TOTAL ASSETS	319,737	218,507
Liabilities [Abstract]
Other liabilities	1,066	968
Borrowed funds	39,005	17,392
TOTAL LIABILITIES	40,071	18,360
Stockholders' equity	279,666	200,147
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 319,737	$ 218,507

CONDENSED FINANCIAL INFORMATI_4

CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY, Income Statement (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Dividends from [Abstract]
TOTAL INTEREST AND DIVIDEND INCOME	$ 127,118	$ 83,357	$ 73,217
Realized securities gains (losses)	(144)	(247)	339
Expenses	9,275	8,019	7,283
NET INCOME	17,811	29,060	29,118
Comprehensive income (loss)	26,041	(3,926)	26,376
Parent Company [Member]
Dividends from [Abstract]
Bank subsidiary	13,213	8,331	8,994
Equity securities	113	114	104
Interest income	20	6	0
TOTAL INTEREST AND DIVIDEND INCOME	13,346	8,451	9,098
Realized securities gains (losses)	(209)	(219)	284
Expenses	3,130	1,307	1,008
Income before equity in undistributed earnings of subsidiary	10,007	6,925	8,374
Equity in undistributed earnings - First Citizens Community Bank	7,804	22,135	20,744
NET INCOME	17,811	29,060	29,118
Comprehensive income (loss)	$ 26,041	$ (3,926)	$ 26,376

CONDENSED FINANCIAL INFORMATI_5

CONDENSED FINANCIAL INFORMATION - PARENT COMPANY ONLY, Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities [Abstract]
Net income	$ 17,811	$ 29,060	$ 29,118
Adjustments to reconcile net income to net cash provided by operating activities [Abstract]
Investment securities losses (gains), net	144	247	(339)
Other, net	668	(330)	180
Net cash provided by operating activities	26,537	33,240	38,693
Cash flows from investing activities [Abstract]
Purchases of equity securities	(10,246)	(117,913)	(211,218)
Proceeds from sale of equity securities	127	33	0
Net cash provided by (used in) investing activities	59,465	(362,452)	(158,232)
Cash flows from financing activities [Abstract]
Cash dividends paid	(8,503)	(7,588)	(7,383)
Purchase of treasury stock	(265)	(1,279)	(1,374)
Sale of treasury stock to employee stock purchase plan	34	112	0
Net cash provided by (used in) financing activities	(59,395)	182,590	223,665
Net increase (decrease) in cash and cash equivalents	26,607	(146,622)	104,126
Cash and Cash Equivalents at Beginning of Year	26,211	172,833	68,707
Cash and Cash Equivalents at End of Year	52,818	26,211	172,833
Parent Company [Member]
Cash flows from operating activities [Abstract]
Net income	17,811	29,060	29,118
Adjustments to reconcile net income to net cash provided by operating activities [Abstract]
Equity in undistributed earnings of subsidiaries	(7,804)	(22,135)	(20,744)
Investment securities losses (gains), net	209	219	(284)
Other, net	(206)	240	543
Net cash provided by operating activities	10,010	7,384	8,633
Cash flows from investing activities [Abstract]
Purchases of equity securities	0	(218)	0
Proceeds from sale of equity securities	127	33	0
Investment in subsidiaries	(15,000)	0	0
Acquisition of HVB	(10,780)	0	0
Net cash provided by (used in) investing activities	(25,653)	(185)	0
Cash flows from financing activities [Abstract]
Cash dividends paid	(8,503)	(7,588)	(7,383)
Issuance of subordinated debt	0	0	9,869
Issuance of short-term debt	12,572	0	0
Purchase of treasury stock	(265)	(1,279)	(1,374)
Sale of treasury stock to employee stock purchase plan	34	112	0
Purchase of restricted stock	0	0	0
Net cash provided by (used in) financing activities	3,838	(8,755)	1,112
Net increase (decrease) in cash and cash equivalents	(11,805)	(1,556)	9,745
Cash and Cash Equivalents at Beginning of Year	13,490	15,046	5,301
Cash and Cash Equivalents at End of Year	$ 1,685	$ 13,490	$ 15,046