Chemung Financial (CHMG) 10-Q 8 May 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 01, 2020
Document and Entity Information [Abstract]
Entity Registrant Name	CHEMUNG FINANCIAL CORP
Entity Central Index Key	0000763563
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,827,049

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and due from financial institutions	$ 27,522	$ 25,203
Interest-earning deposits in other financial institutions	116,936	96,701
Total cash and cash equivalents	144,458	121,904
Equity investments, at estimated fair value	1,999	2,174
Securities available for sale, at estimated fair value	299,075	284,090
Securities held to maturity, estimated fair value of $3,024 at March 31, 2020 and $3,139 at December 31, 2019	3,001	3,115
FHLBNY and FRBNY Stock, at cost	3,099	3,099
Loans, net of deferred loan fees	1,320,461	1,309,219
Allowance for loan losses	(26,233)	(23,478)
Loans, net	1,294,228	1,285,741
Loans held for sale	801	1,185
Premises and equipment, net	21,781	22,417
Operating lease right-of-use assets	7,826	8,001
Goodwill	21,824	21,824
Other intangible assets, net	610	742
Bank-owned life insurance	3,017	3,111
Accrued interest receivable and other assets	39,610	30,424
Total assets	1,841,329	1,787,827
Deposits:
Non-interest-bearing	469,535	468,238
Interest-bearing	1,138,568	1,103,900
Total deposits	1,608,103	1,572,138
Long term finance lease obligation	4,028	4,085
Operating lease liabilities	7,919	8,084
Dividends payable	1,266	1,263
Accrued interest payable and other liabilities	29,566	19,630
Total liabilities	1,650,882	1,605,200
Shareholders' equity:
Common stock, $0.01 par value per share, 10,000,000 shares authorized; 5,310,076 issued at March 31, 2020 and December 31, 2019	53	53
Additional paid-in capital	46,754	46,382
Retained earnings	154,926	153,701
Treasury stock, at cost; 432,257 shares at March 31, 2020 and 452,641 shares at December 31, 2019	(11,204)	(11,710)
Accumulated other comprehensive loss	(82)	(5,799)
Total shareholders' equity	190,447	182,627
Total liabilities and shareholders' equity	$ 1,841,329	$ 1,787,827

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Securities held to maturity, estimated fair value	$ 3,024	$ 3,139
Shareholders' equity:
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	5,310,076	5,310,076
Treasury stock, at cost (in shares)	432,257	452,641

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Interest and dividend income:
Loans, including fees	$ 14,228	$ 14,489
Taxable securities	1,487	1,195
Tax exempt securities	271	273
Interest-earning deposits	398	708
Total interest and dividend income	16,384	16,665
Interest expense:
Deposits	1,286	1,461
Borrowed funds	36	37
Total interest expense	1,322	1,498
Net interest income	15,062	15,167
Provision for loan losses	3,050	1,093
Net interest income after provision for loan losses	12,012	14,074
Non-interest income:
Changes in fair value of equity investments	(246)	89
Net gains on sales of loans held for sale	75	48
Net gains (losses) on sales of other real estate owned	(29)	(83)
Income from bank-owned life insurance	119	15
Other	667	445
Total non-interest income	4,730	4,925
Non-interest expenses:
Salaries and wages	5,768	5,721
Pension and other employee benefits	1,516	1,545
Other components of net periodic pension and postretirement benefits	(265)	(141)
Net occupancy	1,522	1,567
Furniture and equipment	475	528
Data processing	1,914	1,727
Professional services	329	405
Amortization of intangible assets	132	163
Marketing and advertising	324	268
Other real estate owned	29	31
FDIC insurance	250	265
Loan expense	310	196
Other	1,445	1,222
Total non-interest expenses	13,749	13,497
Income before income tax expense	2,993	5,502
Income tax expense	502	1,034
Net income	$ 2,491	$ 4,468
Weighted average shares outstanding (in shares)	4,895	4,860
Basic and diluted earnings per share (in dollars per share)	$ 0.51	$ 0.92
WMG fee income
Non-interest income:
Revenue from contract with customer, excluding assessed tax	$ 2,229	$ 2,276
Service charges on deposit accounts
Non-interest income:
Revenue from contract with customer, excluding assessed tax	990	1,104
Interchange revenue from debit card transactions
Non-interest income:
Revenue from contract with customer, excluding assessed tax	$ 925	$ 1,031

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 2,491	$ 4,468
Other comprehensive income
Unrealized holding gains on securities available for sale	7,646	3,430
Tax effect	1,950	874
Net of tax amount	5,696	2,556
Change in funded status of defined benefit pension plan and other benefit plans:
Reclassification adjustment for amortization of prior service costs	(55)	(55)
Reclassification adjustment for amortization of net actuarial loss	77	73
Total before tax effect	22	18
Tax effect	1	5
Net of tax amount	21	13
Total other comprehensive income	5,717	2,569
Comprehensive income	$ 8,208	$ 7,037

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands		Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Loss
Beginning balances at Dec. 31, 2018		$ 165,029	$ 53	$ 45,820	$ 143,129	$ (12,562)	$ (11,411)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		4,468			4,468
Other comprehensive income		2,569					2,569
Restricted stock awards		101		101
Restricted stock units for directors' deferred compensation plan		11		11
Distribution of shares of treasury stock grants for employee restricted stock awards		11				11
Cash dividends declared		(1,257)			(1,257)
Operating lease liabilities		357		139		218
Distribution of shares of treasury stock for employee stock compensation		100		39		61
Repurchase of common stock		(13)				(13)
Sale of treasury stock	[1]	158		64		94
Ending balances at Mar. 31, 2019		171,534	53	46,174	146,340	(12,191)	(8,842)
Beginning balances at Dec. 31, 2019		182,627	53	46,382	153,701	(11,710)	(5,799)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		2,491			2,491
Other comprehensive income		5,717					5,717
Restricted stock awards		125		125
Restricted stock units for directors' deferred compensation plan		11		11
Distribution of shares of treasury stock grants for employee restricted stock awards		0		(7)		7
Cash dividends declared		(1,266)			(1,266)
Operating lease liabilities		350		144		206
Distribution of shares of treasury stock for employee stock compensation		100		41		59
Repurchase of common stock		(128)				(128)
Sale of treasury stock	[1]	420		53		367
Forfeiture of shares of restricted stock awards		0		5		(5)
Ending balances at Mar. 31, 2020		$ 190,447	$ 53	$ 46,754	$ 154,926	$ (11,204)	$ (82)
[1]	All treasury stock sales were completed at the prevailing market price with the Chemung Canal Trust Company Profit Sharing, Savings, and Investment Plan which is a defined contribution plan sponsored by the Bank.

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.26	$ 0.26
Distribution of shares of treasury stock for directors' compensation (in shares)	7,923	8,465
Distribution of shares of treasury stock for employee stock compensation (in shares)	2,274	2,373
Distribution of shares of treasury stock grants for employee restricted stock awards (in shares)	255	439
Sale of shares of treasury stock (in shares)	14,185	3,665
Forfeitures of shares of restricted stock awards (in shares)	112
Purchase of shares of treasury stock (in shares)	4,141	272

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,491,000	$ 4,468,000
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of right-of-use assets	175,000	159,000
Amortization of intangible assets	132,000	163,000
Provision for loan losses	3,050,000	1,093,000
Loss on disposal of fixed assets	0	9,000
Depreciation and amortization of fixed assets	757,000	816,000
Amortization of premiums on securities, net	237,000	236,000
Gain on sales of loans held for sale, net	(75,000)	(48,000)
Proceeds from sales of loans held for sale		2,416,000
Loans originated and held for sale	(2,630,000)	(2,524,000)
Net losses on sale of other real estate owned	29,000	83,000
Write-downs on other real estate owned	8,000	0
Net change in fair value of equity investments	246,000	(89,000)
Purchase of equity investments		(34,000)
Increase in other assets and accrued interest receivable	(9,322,000)	(1,147,000)
(Decrease) increase in accrued interest payable	(6,000)	47,000
Expense related to restricted stock units for directors' deferred compensation plan	11,000	11,000
Expense related to employee stock compensation	101,000	100,000
Expense related to employee restricted stock awards	125,000	101,000
Payments on operating leases	(165,000)	(151,000)
Increase in other liabilities	8,231,000	1,550,000
Income from bank owned life insurance	(119,000)	(15,000)
Net cash provided by operating activities		7,244,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from maturities, calls, and principal paydowns on securities available for sale	8,882,000	8,198,000
Proceeds from maturities and principal collected on securities held to maturity	114,000	1,074,000
Purchases of securities available for sale	(16,458,000)	(29,467,000)
Purchases of securities held to maturity	0	(60,000)
Purchase of FHLBNY and FRBNY stock	0	(5,000)
Purchases of premises and equipment	(121,000)	(124,000)
Proceeds from sale of other real estate owned	101,000	313,000
Proceeds from bank owned life insurance	213,000	0
Net (increase) decrease in loans	(11,537,000)	12,550,000
Net cash used in investing activities		(7,521,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in demand deposits, interest-bearing demand accounts, savings accounts, and insured money market accounts	30,880,000	(9,502,000)
Increase in time deposits	5,086,000	6,767,000
Payments made on capital lease	(57,000)	(54,000)
Sale of treasury stock	420,000	158,000
Cash dividends paid	(1,263,000)	(1,254,000)
Net cash provided by (used in) financing activities		(3,885,000)
Net increase (decrease) in cash and cash equivalents		(4,162,000)
Cash and cash equivalents, beginning of period	121,904,000	129,972,000	$ 129,972,000
Cash and cash equivalents, end of period		125,810,000	121,904,000
Cash paid for:
Interest	1,328,000	1,451,000
Supplemental disclosure of non-cash activity:
Transfer of loans to other real estate owned	0	27,000
Dividends declared, not yet paid	1,266,000	1,257,000	$ 1,263,000
Repurchase of common stock in lieu of employee payroll taxes	(37)	0
Distribution of treasury stock for directors' compensation	$ 350,000	$ 357,000

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization The Corporation, through its wholly-owned subsidiaries, the Bank and CFS, provides a wide range of banking, financing, fiduciary and other financial services to its clients. The Corporation and the Bank are subject to the regulations of certain federal and state agencies and undergo periodic examinations by those regulatory authorities. CRM, a wholly-owned subsidiary of the Corporation, which was formed and began operations on May 31, 2016, is a Nevada-based captive insurance company which insures against certain risks unique to the operations of the Corporation and its subsidiaries and for which insurance may not be currently available or economically feasible in today's insurance marketplace. CRM pools resources with several other similar insurance company subsidiaries of financial institutions to spread a limited amount of risk among themselves. CRM is subject to regulations of the State of Nevada and undergoes periodic examinations by the Nevada Division of Insurance. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in conformity with GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Article 10 of Regulation S-X of the Exchange Act. These financial statements include the accounts of the Corporation and its subsidiaries, and all significant intercompany balances and transactions are eliminated in consolidation. Amounts in the prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current period's presentation. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and disclosures provided, and actual results could differ. In the opinion of management, all adjustments (consisting of normal recurring adjustments) and disclosures necessary for the fair presentation of the accompanying consolidated financial statements have been included. The unaudited consolidated financial statements should be read in conjunction with the Corporation's 2019 Annual Report on Form 10-K for the year ended December 31, 2019 . The results of operations for any interim periods are not necessarily indicative of the results which may be expected for the entire year or any other period. Reclassifications Amounts in the prior year financial statements are reclassified whenever necessary to conform to the current year's presentation. Recent Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The objective of the ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date by replacing the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to form credit loss estimates. The amendments in this ASU are effective for public companies for fiscal years beginning after December 15, 2019, though entities may adopt the amendments earlier for fiscal years beginning after December 15, 2018. In November 2019, the FASB adopted changes to delay the effective date of ASU 2016-13 to January 2023 for certain entities, including certain Securities and Exchange Commission filers, public business entities, and private companies. As a smaller reporting company, the Corporation is eligible for the proposed delay and has elected to defer implementation until January 1, 2023. The Corporation anticipates that the adoption of the CECL model will result in an increase to the Corporation's allowance for loan losses. The Corporation has established a committee to oversee the implementation of CECL and has selected a vendor to assist in the implementation process. In 2018, the committee began establishing parameters which will be used in the CECL model with the selected vendor. The Corporation is running its current incurred loss model and a CECL model concurrently. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") was signed into law. The CARES Act provides banking organizations which previously adopted for fiscal years beginning after December 15, 2019, temporary relief from complying with CECL. Section 4013 of the CARES Act gives entities temporary relief from the accounting and disclosure requirements for troubled debt restructurings (TDRs) under ASC 310-40, Receivables: Troubled Debt Restructurings by Creditors, in certain situations. Section 4013 of the CARES Act permits the suspension of ASC 310-40 for loan modifications that are made by financial institutions in response to the COVID-19 pandemic if (1) the borrower was not more than 30 days past due as of December 31, 2019, and (2) the modifications are related to arrangements that defer or delay the payment of principal or interest, or change the interest rate on the loan. All loan modifications made by the Corporation in response to the COLVID-19 pandemic have been in accordance with Section 4013 of the CARES Act. Adoption of New Accounting Standards On January 1, 2020, the Corporation adopted ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . The objective of the ASU is to simplify the manner in which an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Additionally, the ASU removes the requirement for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails such qualitative test, to perform Step 2 of the goodwill impairment test. The adoption of the ASU did not have a significant impact on the Corporation's consolidated financial statements. On January 1, 2019, the Corporation adopted ASU 2016-02, Leases (Topic 842) . ASU 2016-02 requires companies that lease valuable assets to recognize on their balance sheets the assets and liabilities generated by contracts longer than a year. The Corporation adopted the new lease guidance using the modified retrospective approach and elected the transition option issued under ASU 2018-11, Leases (Topic 842) Targeted Improvements , allowing entities to continue to apply the legacy guidance in ASC 840, Leases , to prior periods, including disclosure requirements. Accordingly, prior period financial results and disclosures have not been adjusted. In addition, the Corporation elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Corporation to carry forward the historical lease classification. Adoption of the new standard resulted in the recording of operating lease right-of-use assets and operating lease liabilities of approximately $8.6 million as of January 1, 2019. The standard did not materially impact our consolidated net earnings and had no impact on cash flows. On January 1, 2019, the Corporation adopted ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities . The objective of the ASU is to align the amortization period of premiums and discounts to expectations incorporated in market pricing on the underlying securities. The amendment requires that the premium be amortized to the earliest call date, but does not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The adoption of the ASU did not have a significant impact on the Corporation's consolidated financial statements. Risks and Uncertainties - COVID19 The COVID-19 pandemic has caused significant economic dislocation in the United States as many state and local governments have ordered non-essential businesses to close and residents to shelter in place at home. This has resulted in an unprecedented slow-down in economic activity and a related increase in unemployment. Since the COVID-19 pandemic, more than 30 million people have filed claims for unemployment, and stock markets have declined in value and in particular bank stocks have significantly declined in value. Certain industries have been particularly hard-hit, including the travel and hospitality industry, the restaurant industry and the retail industry. Finally, the spread of the coronavirus has caused us to modify our business practices, including employee travel, employee work locations, and cancellation of physical participation in meetings, events and conferences. We have many employees working remotely and we may take further actions as may be required by government authorities or that we determine are in the best interests of our employees, customers and business partners. Given the ongoing and dynamic nature of the circumstances, it is difficult to predict the full impact of the COVID-19 pandemic on our business. The extent of such impact will depend on future developments, which are highly uncertain, including when the coronavirus can be controlled and abated and when and how the economy may be reopened. The Corporation's consolidated financial statements reflect estimates and assumptions that affect the reported amounts of assets and liabilities, including the amount of the allowances for credit losses established. Management evaluated the potential impact of the COVID-19 pandemic as it related to the loan portfolio and as part of this analysis, management identified what it believes to be higher risk loans through a detailed analysis of industry codes. Certain allowance qualitative factors were increased based on an assessment of the impact of the current pandemic on local, national and global economic conditions as well as the perceived risks inherent in specific industries and credit characteristics. Management has taken actions to identify and assess additional possible credit exposure due to the COVID-19 pandemic based upon the industry types within the current loan portfolio. As of March 31, 2020, "highly impacted" industries total $199.4 million , or 22.3% of the Bank's commercial loan portfolio as of March 31, 2020.

EARNING PER COMMON SHARE

EARNING PER COMMON SHARE	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
EARNING PER COMMON SHARE	EARNING PER COMMON SHARE (shares in thousands) Basic earnings per share is net income divided by the weighted average number of common shares outstanding during the period. Issuable shares, including those related to directors’ restricted stock units and directors’ stock compensation, are considered outstanding and are included in the computation of basic earnings per share. All outstanding unvested share-based payment awards that contain rights to non-forfeitable dividends are considered participating securities for this calculation. Restricted stock awards are grants of participating securities and are considered outstanding at grant date. Earnings per share information is adjusted to present comparative results for stock splits and stock dividends that occur. Earnings per share were computed by dividing net income by 4,895 and 4,860 weighted average shares outstanding for the three -month periods ended March 31, 2020 and 2019 , respectively. There were no common stock equivalents during the three -month periods ended March 31, 2020 or 2019 .

SECURITIES

SECURITIES	3 Months Ended
	Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES Amortized cost and estimated fair value of securities available for sale are as follows (in thousands): March 31, 2020 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Mortgage-backed securities, residential $ 227,180 $ 8,025 $ 206 $ 234,999 Obligations of states and political subdivisions 40,984 1,641 — 42,625 Corporate bonds and notes 250 — — 250 SBA loan pools 21,181 91 71 21,201 Total $ 289,595 $ 9,757 $ 277 $ 299,075 December 31, 2019 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Mortgage-backed securities, residential 225,029 1,471 1,266 225,234 Obligations of states and political subdivisions 41,265 1,580 — 42,845 Corporate bonds and notes 250 — — 250 SBA loan pools 15,712 95 46 15,761 Total $ 282,256 $ 3,146 $ 1,312 $ 284,090 Amortized cost and estimated fair value of securities held to maturity are as follows (in thousands): March 31, 2020 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 931 $ — $ — $ 931 Time deposits with other financial institutions 2,070 23 — 2,093 Total $ 3,001 $ 23 $ — $ 3,024 December 31, 2019 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 1,045 $ — $ — $ 1,045 Time deposits with other financial institutions 2,070 24 — 2,094 Total $ 3,115 $ 24 $ — $ 3,139 The amortized cost and estimated fair value of debt securities are shown below by expected maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately (in thousands): March 31, 2020 Available for Sale Held to Maturity Amortized Fair Amortized Fair Within one year $ 475 $ 475 $ 1,480 $ 1,484 After one, but within five years 10,439 10,779 1,521 1,540 After five, but within ten years 29,271 30,541 — — After ten years 1,049 1,080 — — 41,234 42,875 3,001 3,024 Mortgage-backed securities, residential 227,180 234,999 — — SBA loan pools 21,181 21,201 — — Total $ 289,595 $ 299,075 $ 3,001 $ 3,024 There were no proceeds from sales of securities resulting in gains or losses for the three months ended March 31, 2020 and 2019 . The following tables summarize the investment securities available for sale with unrealized losses at March 31, 2020 and December 31, 2019 by aggregated major security type and length of time in a continuous unrealized loss position (in thousands): Less than 12 months 12 months or longer Total March 31, 2020 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities, residential $ 5,168 $ 114 $ 3,875 $ 92 $ 9,043 $ 206 SBA loan pools 6,009 37 1,338 34 7,347 71 Total temporarily impaired securities $ 11,177 $ 151 $ 5,213 $ 126 $ 16,390 $ 277 Less than 12 months 12 months or longer Total December 31, 2019 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities, residential 71,506 791 54,343 475 125,849 1,266 SBA loan pools 3,014 9 1,405 37 4,419 46 Total temporarily impaired securities $ 74,520 $ 800 $ 55,748 $ 512 $ 130,268 $ 1,312 Other-Than-Temporary Impairment As of March 31, 2020 , the majority of the Corporation’s unrealized losses in the investment securities portfolio related to mortgage-backed securities. At March 31, 2020 , all of the unrealized losses related to mortgage-backed securities were issued by U.S. government sponsored entities, Fannie Mae and Freddie Mac. Because the decline in fair value is attributable to changes in interest rates and not credit quality, and because it is not likely that the Corporation will be required to sell these securities before their anticipated recovery, the Corporation does not consider these securities to be other-than-temporarily impaired at March 31, 2020 .

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	3 Months Ended
	Mar. 31, 2020
Loans and Leases Receivable Disclosure [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	LOANS AND ALLOWANCE FOR LOAN LOSSES The composition of the loan portfolio, net of deferred origination fees and costs, is summarized as follows (in thousands): March 31, December 31, Commercial and agricultural: Commercial and industrial $ 235,690 $ 230,018 Agricultural 289 274 Commercial mortgages: Construction 40,957 43,962 Commercial mortgages, other 618,831 604,832 Residential mortgages 192,722 188,338 Consumer loans: Credit cards — — Home equity lines and loans 88,149 91,784 Indirect consumer loans 129,473 134,973 Direct consumer loans 14,350 15,038 Total loans, net of deferred origination fees and costs 1,320,461 1,309,219 Interest receivable on loans 3,759 3,684 Total recorded investment in loans $ 1,324,220 $ 1,312,903 The Corporation's concentrations of credit risk by loan type are reflected in the preceding table. The concentrations of credit risk with standby letters of credit, committed lines of credit and commitments to originate new loans generally follow the loan classifications in the table above. The following tables present the activity in the allowance for loan losses by portfolio segment for the three month periods ended March 31, 2020 and 2019 (in thousands): Three Months Ended March 31, 2020 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 10,227 $ 8,869 $ 1,252 $ 3,130 $ 23,478 Charge-offs (30 ) — — (403 ) (433 ) Recoveries 4 1 — 135 140 Net recoveries (charge-offs) (26 ) — — (268 ) (294 ) Provision 990 1,603 169 288 3,050 Ending balance $ 11,191 $ 10,472 $ 1,421 $ 3,149 $ 26,233 Three Months Ended March 31, 2019 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 5,383 $ 8,184 $ 1,226 $ 4,151 $ 18,944 Charge-offs (7 ) — (2 ) (439 ) (448 ) Recoveries 11 1 — 144 156 Net recoveries (charge-offs) 4 1 (2 ) (295 ) (292 ) Provision 42 1,289 (9 ) (229 ) 1,093 Ending balance $ 5,429 $ 9,474 $ 1,215 $ 3,627 $ 19,745 The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 5,851 $ 2,058 $ — $ — $ 7,909 Collectively evaluated for impairment 5,340 8,414 1,421 3,149 18,324 Total ending allowance balance $ 11,191 $ 10,472 $ 1,421 $ 3,149 $ 26,233 December 31, 2019 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 6,000 $ 2,097 $ — $ — $ 8,097 Collectively evaluated for impairment 4,227 6,772 1,252 3,130 15,381 Total ending allowance balance $ 10,227 $ 8,869 $ 1,252 $ 3,130 $ 23,478 March 31, 2020 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 5,952 $ 8,478 $ 518 $ 149 $ 15,097 Loans collectively evaluated for impairment 230,698 653,183 192,751 232,491 1,309,123 Total ending loans balance $ 236,650 $ 661,661 $ 193,269 $ 232,640 $ 1,324,220 December 31, 2019 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 6,147 $ 8,844 $ 525 $ 149 $ 15,665 Loans collectively evaluated for impairment 224,775 641,726 188,349 242,388 1,297,238 Total ending loans balance $ 230,922 $ 650,570 $ 188,874 $ 242,537 $ 1,312,903 The following table presents loans individually evaluated for impairment recognized by class of loans as of March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 December 31, 2019 With no related allowance recorded: Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Commercial and agricultural: Commercial and industrial $ 105 $ 106 $ — $ 133 $ 133 $ — Commercial mortgages: Construction 231 232 — 247 247 — Commercial mortgages, other 3,219 3,220 — 3,501 3,503 — Residential mortgages 547 518 — 554 525 — Consumer loans: Home equity lines and loans 171 149 — 171 149 — With an allowance recorded: Commercial and agricultural: Commercial and industrial 5,845 5,846 5,851 6,013 6,014 6,000 Commercial mortgages: Commercial mortgages, other 5,025 5,026 2,058 5,093 5,094 2,097 Total $ 15,143 $ 15,097 $ 7,909 $ 15,712 $ 15,665 $ 8,097 The following table presents the average recorded investment and interest income of loans individually evaluated for impairment recognized by class of loans for the three -month periods ended March 31, 2020 and 2019 (in thousands): Three Months Ended Three Months Ended With no related allowance recorded: Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial and agricultural: Commercial and industrial $ 120 $ — $ 325 $ 1 Commercial mortgages: Construction 239 2 301 2 Commercial mortgages, other 3,362 — 3,889 5 Residential mortgages 521 5 397 2 Consumer loans: Home equity lines & loans 149 2 111 1 With an allowance recorded: Commercial and agricultural: Commercial and industrial 5,930 — 1,807 — Commercial mortgages: Commercial mortgages, other 5,060 — 3,523 — Total $ 15,381 $ 9 $ 10,353 $ 11 (1) Cash basis interest income approximates interest income recognized. The following table presents the recorded investment in non-accrual and loans past due 90 days or more and still accruing by class of loans as of March 31, 2020 and December 31, 2019 (in thousands): Non-accrual Loans Past Due 90 Days or More and Still Accruing March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 Commercial and agricultural: Commercial and industrial $ 5,951 $ 6,147 $ 8 $ 7 Commercial mortgages: Construction 73 80 — — Commercial mortgages, other 8,247 8,407 — — Residential mortgages 2,265 2,155 — — Consumer loans: Credit cards — — — — Home equity lines and loans 638 641 — — Indirect consumer loans 767 571 — — Direct consumer loans 7 7 — — Total $ 17,948 $ 18,008 $ 8 $ 7 The following tables present the aging of the recorded investment in loans as of March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total Past Due Loans Not Past Due Total Commercial and agricultural: Commercial and industrial $ 347 $ 1,373 $ 4,264 $ 5,984 $ 230,376 $ 236,360 Agricultural — — — — 290 290 Commercial mortgages: Construction — — — — 41,073 41,073 Commercial mortgages, other 2,385 1,211 2,297 5,893 614,695 620,588 Residential mortgages 1,432 286 1,131 2,849 190,420 193,269 Consumer loans: Home equity lines and loans 368 174 95 637 87,784 88,421 Indirect consumer loans 1,050 216 376 1,642 128,167 129,809 Direct consumer loans 33 21 6 60 14,350 14,410 Total $ 5,615 $ 3,281 $ 8,169 $ 17,065 $ 1,307,155 $ 1,324,220 December 31, 2019 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total Past Due Loans Not Past Due Total Commercial and agricultural: Commercial and industrial $ 1,285 $ 49 $ 4,398 $ 5,732 $ 224,916 $ 230,648 Agricultural — — — — 274 274 Commercial mortgages: Construction — — — — 44,082 44,082 Commercial mortgages, other 440 277 2,165 2,883 603,605 606,488 Residential mortgages 1,016 804 956 2,775 186,099 188,874 Consumer loans: Credit cards — — — — — — Home equity lines and loans 353 151 149 653 91,412 92,065 Indirect consumer loans 1,546 377 355 2,278 133,088 135,366 Direct consumer loans 32 10 6 49 15,057 15,106 Total $ 4,672 $ 1,668 $ 8,029 $ 14,370 $ 1,298,533 $ 1,312,903 Troubled Debt Restructurings: A modification of a loan may result in classification as a TDR when a borrower is experiencing financial difficulty and the modification constitutes a concession. The Corporation offers various types of modifications which may involve a change in the schedule of payments, a reduction in the interest rate, an extension of the maturity date, extending the maturity date at an interest rate lower than the current market rate for new debt with similar risk, requesting additional collateral, releasing collateral for consideration, substituting or adding a new borrower or guarantor, a permanent reduction of the recorded investment in the loan or a permanent reduction of the interest on the loan. Under Section 4013 of the CARES Act, loans less than 30 days past due as of December 31, 2019 will be considered current for COVID-19 related modifications and therefore will not be treated as TDRs. As of March 31, 2020, in conformance with Section 4013 of the CARES Act, the Corporation modified a total of 444 commercial and consumer loans represented by a total loan balance of $56.6 million . As of March 31, 2020 and December 31, 2019 , the Corporation has a recorded investment in TDRs of $8.7 million and $9.0 million , respectively. There were specific reserves of $2.3 million allocated for TDRs at both March 31, 2020 and December 31, 2019 , respectively. As of March 31, 2020 , TDRs totaling $0.8 million were accruing interest under the modified terms and $7.9 million were on non-accrual status. As of December 31, 2019 , TDRs totaling $0.9 million were accruing interest under the modified terms and $8.1 million were on non-accrual status. The Corporation had committed no additional amounts as of both March 31, 2020 and December 31, 2019 , to customers with outstanding loans that are classified as TDRs. During the three month period ended March 31, 2020, no loans were modified as TDRs. During the three-month period ended March 31, 2019, the terms of certain loans were modified as TDRs. The modification of the terms of one home equity loan during the three months ended March 31, 2019 included a reduction in the stated interest rate for the remaining life of the loan, an extension of the maturity date for approximately three years , and a reduction of the scheduled amortized payment of the loan for greater than a three month period. The following table present loans by class modified as TDRs that occurred during the three months ended March 31, 2019 (dollars in thousands): March 31, 2019 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Consumer loans: Home equity lines and loans 1 $ 137 $ 137 Total 1 $ 137 $ 137 The TDRs described above did not increase the allowance for loan losses and resulted in no charge-offs during the three-month period ended March 31, 2019. A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms. There were no payment defaults on any loans previously modified as TDRs within twelve months following the modification during the three -month periods ended March 31, 2020 and 2019 . Credit Quality Indicators The Corporation establishes a risk rating at origination for all commercial loans. The main factors considered in assigning risk ratings include, but are not limited to: historic and future debt service coverage, collateral position, operating performance, liquidity, leverage, payment history, management ability, and the customer’s industry. Commercial relationship managers monitor all loans in their respective portfolios for any changes in the borrower’s ability to service its debt and affirm the risk ratings for the loans at least annually. For the retail loans, which include residential mortgages, indirect and direct consumer loans, home equity lines and loans, and credit cards, once a loan is properly approved and closed, the Corporation evaluates credit quality based upon loan repayment. The Corporation uses the risk rating system to identify criticized and classified loans. Commercial relationships within the criticized and classified risk ratings are analyzed quarterly. The Corporation uses the following definitions for criticized and classified loans (which are consistent with regulatory guidelines): Special Mention – Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the institution’s credit position at some future date. Substandard – Loans classified as substandard are inadequately protected by the current net worth and paying capability of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful – Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Commercial loans not meeting the criteria above to be considered criticized or classified are considered to be pass rated loans. Loans listed as not rated are included in groups of homogeneous loans performing under terms of the loan notes. Based on the analyses performed as of March 31, 2020 and December 31, 2019 , the risk category of the recorded investment of loans by class of loans is as follows (in thousands): March 31, 2020 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 214,801 $ 5,852 $ 9,926 $ 5,781 $ 236,360 Agricultural — 290 — — — 290 Commercial mortgages: Construction — 37,123 398 3,552 — 41,073 Commercial mortgages — 593,742 11,483 11,008 4,355 620,588 Residential mortgages 191,004 — — 2,265 — 193,269 Consumer loans: Home equity lines and loans 87,783 — — 638 — 88,421 Indirect consumer loans 129,042 — — 767 — 129,809 Direct consumer loans 14,403 — — 7 — 14,410 Total $ 422,232 $ 845,956 $ 17,733 $ 28,163 $ 10,136 $ 1,324,220 December 31, 2019 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 208,552 $ 5,915 $ 10,361 $ 5,820 $ 230,648 Agricultural — 274 — — — 274 Commercial mortgages: Construction — 40,304 168 3,610 — 44,082 Commercial mortgages — 577,266 12,451 12,356 4,415 606,488 Residential mortgages 186,719 — — 2,155 — 188,874 Consumer loans: Credit cards — — — — — — Home equity lines and loans 91,424 — — 641 — 92,065 Indirect consumer loans 134,795 — — 571 — 135,366 Direct consumer loans 15,099 — — 7 — 15,106 Total $ 428,037 $ 826,396 $ 18,534 $ 29,701 $ 10,235 $ 1,312,903 The Corporation considers the performance of the loan portfolio and its impact on the allowance for loan losses. For residential and consumer loan classes, the Corporation also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following tables present the recorded investment in residential and consumer loans based on payment activity as of March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 Consumer Loans Residential Mortgages Credit Card Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 191,004 $ — $ 87,783 $ 129,042 $ 14,403 Non-Performing 2,265 — 638 767 7 $ 193,269 $ — $ 88,421 $ 129,809 $ 14,410 December 31, 2019 Consumer Loans Residential Mortgages Credit Card Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 186,719 $ — $ 91,424 $ 134,795 $ 15,099 Non-Performing 2,155 — 641 571 7 $ 188,874 $ — $ 92,065 $ 135,366 $ 15,106

FAIR VALUE

FAIR VALUE	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE Fair value is the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair value: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity's own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Corporation used the following methods and significant assumptions to estimate fair value on a recurring basis: Available for Sale Securities: The fair values of securities available for sale are usually determined by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs), or matrix pricing, which is a mathematical technique widely used to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities' relationship to other benchmark quoted securities (Level 2 inputs). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3 inputs). Equity Investments: Securities that are held to fund a deferred compensation plan and securities that have a readily determinable fair market value, are recorded at fair value with changes in fair value included in earnings. The fair values of equity investments are determined by quoted market prices (Level 1 inputs). Impaired Loans : At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans carried at fair value have been partially charged-off or receive specific allocations as part of the allowance for loan loss accounting. For collateral dependent loans, fair value is commonly based on real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, typically resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. OREO : Assets acquired through or instead of loan foreclosures are initially recorded at fair value less costs to sell when acquired, establishing a new cost basis. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. Fair value is commonly based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Appraisals for both collateral-dependent impaired loans and OREO are performed by certified general appraisers (commercial properties) or certified residential appraisers (residential properties) whose qualifications and licenses have been reviewed and verified by the Corporation. Once received, appraisals are reviewed for reasonableness of assumptions, approaches utilized, Uniform Standards of Professional Appraisal Practice and other regulatory compliance, as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. Appraisals are generally completed within the previous 12 month period prior to a property being placed into OREO. On impaired loans, appraisal values are adjusted based on the age of the appraisal, the position of the lien, the type of the property and its condition. Derivatives : The fair values of interest rate swaps are based on valuation models using observable market data as of the measurement date (Level 2 inputs). Derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices, and indices to generate continuous yield or pricing curves, prepayment rates, and volatility factors to value the position. The Corporation also incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counter-party's nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Corporation has considered the impact of any applicable credit enhancements, such as collateral postings. Although the Corporation has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize credit default rate assumptions (Level 3 inputs). Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands): Fair Value Measurement at March 31, 2020 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Mortgage-backed securities, residential $ 234,999 $ — $ 234,999 $ — Obligations of states and political subdivisions 42,625 — 42,625 — Corporate bonds and notes 250 — 250 — SBA loan pools 21,201 — 21,201 — Total available for sale securities $ 299,075 $ — $ 299,075 $ — Equity investments, at fair value $ 1,274 $ 1,274 $ — $ — Derivative assets 16,343 — 16,343 — Financial Liabilities: Derivative liabilities $ 16,773 $ — $ 16,343 $ 430 There were no transfers between Level 1 and Level 2 during the three month period ended March 31, 2020 . Fair Value Measurement at December 31, 2019 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Mortgage-backed securities, residential 225,234 — 225,234 — Obligations of states and political subdivisions 42,845 — 42,845 — Corporate bonds and notes 250 — 250 — SBA loan pools 15,761 — 15,761 — Total available for sale securities $ 284,090 $ — $ 284,090 $ — Equity investments, at fair value $ 1,442 $ 1,442 $ — $ — Derivative assets 6,466 — 6,466 — Financial Liabilities: Derivative liabilities $ 6,831 $ — $ 6,466 $ 365 There were no transfers between Level 1 and Level 2 during the three month period ended March 31, 2019 . The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three-month periods ended March 31, 2020 and 2019 (in thousands): Assets (Liabilities) Derivative Liabilities March 31, 2020 March 31, 2019 Balance of recurring Level 3 assets at January 1 $ (365 ) $ (140 ) Derivative instruments entered into (9 ) (24 ) Total gains or losses for the period: Included in earnings - other non-interest income (56 ) (66 ) Included in other comprehensive income — — Transfers out of Level 3 — — Balance of recurring Level 3 assets at March 31, $ (430 ) $ (230 ) The following table presents information related to Level 3 recurring fair value measurements at March 31, 2020 and December 31, 2019 (in thousands): Description Fair Value at Valuation Technique Unobservable Inputs Range Derivative liabilities $ 430 Historical trend Credit default rate 12.86% - 20.75% Description Fair Value at Valuation Technique Unobservable Inputs Range Derivative liabilities $ 365 Historical trend Credit default rate 7.30% - 7.30% Assets and liabilities measured at fair value on a non-recurring basis are summarized below (in thousands): Fair Value Measurement at March 31, 2020 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Gains (Losses) Impaired Loans: Commercial mortgages: Commercial mortgages $ 1,554 $ — $ — $ 1,554 $ (1,429 ) Total impaired loans $ 1,554 $ — $ — $ 1,554 $ (1,429 ) Other real estate owned: Commercial mortgages: Commercial mortgages $ 111 $ — $ — $ 111 $ — Residential mortgages 178 — — 178 — Consumer loans: Home equity lines and loans 91 — — 91 — Total other real estate owned, net $ 380 $ — $ — $ 380 $ — Fair Value Measurement at December 31, 2019 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Gains (Losses) Impaired Loans: Commercial mortgages: Commercial mortgages $ 1,554 $ — $ — $ 1,554 $ (1,597 ) Total impaired loans $ 1,554 $ — $ — $ 1,554 $ (1,597 ) Other real estate owned: Commercial mortgages: Commercial mortgages $ 111 $ — $ — $ 111 $ — Residential mortgages 284 — — 284 (12 ) Consumer loans: Home equity lines and loans 122 — — 122 — Total other real estate owned, net $ 517 $ — $ — $ 517 $ (12 ) The following tables present information related to Level 3 non-recurring fair value measurement at March 31, 2020 and December 31, 2019 (in thousands): Description Fair Value at March 31, 2020 Valuation Technique Unobservable Inputs Range Impaired loans: Commercial mortgages: Commercial mortgages $ 1,554 Sales comparison Discount to appraised value 10.31% - 10.31% $ 1,554 OREO: Commercial mortgages: Commercial mortgages $ 111 Sales comparison Discount to appraised value 20.80% - 20.80% Residential mortgages 178 Sales comparison Discount to appraised value 0.00% -0.00% Consumer loans: Home equity lines and loans 91 Sales comparison Discount to appraised value 27.49% - 27.49% $ 380 Description Fair Value at December 31, 2019 Valuation Technique Unobservable Inputs Range Impaired loans: Commercial mortgages: Commercial mortgages 1,554 Sales comparison Discount to appraised value 10.00% - 10.00% Consumer loans: $ 1,554 OREO: Commercial mortgages: Commercial mortgages $ 111 Sales comparison Discount to appraised value 20.80% - 20.80% Residential mortgages 284 Sales comparison Discount to appraised value 20.80% - 35.29% Consumer loans: Home equity lines and loans 122 Sales comparison Discount to appraised value 20.80% - 20.80% $ 517 FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying amounts and estimated fair values of other financial instruments, at March 31, 2020 and December 31, 2019 , are as follows (in thousands): March 31, 2020 Financial assets: Carrying Amount Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Estimated Fair Value Cash and due from financial institutions $ 27,522 $ 27,522 $ — $ — $ 27,522 Interest-earning deposits in other financial institutions 116,936 116,936 — — 116,936 Equity investments 1,999 1,999 — — 1,999 Securities held to maturity 3,001 — 2,093 931 3,024 FHLBNY and FRBNY stock 3,099 — — — N/A Loans, net and loans held for sale 1,295,029 — — 1,298,475 1,298,475 Accrued interest receivable 4,786 39 988 3,759 4,786 Derivative Assets 16,343 — 16,343 — 16,343 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,441,841 $ 1,441,841 $ — $ — $ 1,441,841 Time deposits 166,262 — 169,803 — 169,803 Accrued interest payable 293 11 282 — 293 Derivative Liabilities 16,773 — 16,343 430 16,773 (1) Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. December 31, 2019 Financial assets: Carrying Amount Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Estimated Fair Value Cash and due from financial institutions $ 25,203 $ 25,203 $ — $ — $ 25,203 Interest-earning deposits in other financial institutions 96,701 96,701 — — 96,701 Equity investments 2,174 2,174 — — 2,174 Securities available for sale 284,090 — 284,090 — 284,090 Securities held to maturity 3,115 — 2,094 1,045 3,139 FHLBNY and FRBNY stock 3,099 — — — N/A Loans, net and loans held for sale 1,286,926 — — 1,285,215 1,285,215 Accrued interest receivable 4,633 63 885 3,685 4,633 Derivative Asset 6,466 — 6,466 — 6,466 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,410,962 $ 1,410,962 $ — $ — $ 1,410,962 Time deposits 161,176 — 163,761 — 163,761 Accrued interest payable 299 27 272 — 299 Derivative Liabilities 6,831 — 6,466 365 6,831 (1) Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

LEASES

LEASES	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
LEASES	LEASES Operating Leases The Corporation leases certain branch properties under long-term, operating lease agreements. The leases expire at various dates through 2033 and generally include renewal options. As of March 31, 2020, the weighted average remaining lease term was 9.0 years with a weighted average discount rate of 3.27% . Rent expense was $0.2 million for the three months ended March 31, 2020 . Certain leases provide for increases in future minimum annual rent payments as defined in the lease agreements. The Corporation’s operating lease agreements contain both lease and non-lease components, which are generally accounted for separately. The Corporation’s lease agreements do not contain any residual value guarantees. Leased branch properties at March 31, 2020 and December 31, 2019 consist of the following (in thousands): March 31, 2020 December 31, 2019 Operating lease right-of-use asset $ 8,713 $ 8,713 Less: accumulated amortization (887 ) (712 ) Operating lease right-of-use-assets, net $ 7,826 $ 8,001 The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges, as of March 31, 2020 (in thousands): Year Amount 2020 $ 700 2021 930 2022 869 2023 889 2024 880 2025 and thereafter 5,347 Total minimum lease payments 9,615 Less: amount representing interest (1,696 ) Present value of net minimum lease payments $ 7,919 As of March 31, 2020 , the Corporation had no operating leases that were signed, but had not yet commenced. Finance Leases The Corporation leases certain buildings under finance leases. The lease arrangements require monthly payments through 2036. As of March 31, 2020 , the weighted average remaining lease term was 12.8 years with a weighted average discount rate of 3.35% . The Corporation has included these leases in premises and equipment as of March 31, 2020 and December 31, 2019 as follows (in thousands): March 31, 202 0 December 31, 2019 Buildings $ 5,572 $ 5,572 Less: accumulated depreciation (1,625 ) (1,541 ) Net book value $ 3,947 $ 4,031 The following is a schedule by year of future minimum lease payments under the capitalized lease, together with the present value of net minimum lease payments as of March 31, 2020 (in thousands): Year Amount 2020 $ 284 2021 388 2022 391 2023 391 2024 391 2025 and thereafter 3,248 Total minimum lease payments 5,093 Less: amount representing interest (1,065 ) Present value of net minimum lease payments $ 4,028 As of March 31, 2020 , the Corporation had no finance leases that were signed, but had not yet commenced. Related Party Transactions The Bank leases its branch located at 1365 New Scotland Road, Slingerlands, New York, under a lease agreement through July, 2022 from a member of the Corporation's Board of Directors with monthly rent expense totaling $4 thousand per month. Rent paid to this Board of Directors member totaled $12 thousand and $12 thousand for the three month periods ended March 31, 2020 and 2019 , respectively. The Bank leases its branch located at 2 Rush Street, Schenectady, New York, under a lease agreement through February 2033 from a member of the Corporation's Board of Directors with monthly rent expense totaling $8 thousand per month. Rent paid to this Board of Directors member totaled $24 thousand and $24 thousand for the three month periods ended March 31, 2020 and 2019 , respectively.
LEASES	LEASES Operating Leases The Corporation leases certain branch properties under long-term, operating lease agreements. The leases expire at various dates through 2033 and generally include renewal options. As of March 31, 2020, the weighted average remaining lease term was 9.0 years with a weighted average discount rate of 3.27% . Rent expense was $0.2 million for the three months ended March 31, 2020 . Certain leases provide for increases in future minimum annual rent payments as defined in the lease agreements. The Corporation’s operating lease agreements contain both lease and non-lease components, which are generally accounted for separately. The Corporation’s lease agreements do not contain any residual value guarantees. Leased branch properties at March 31, 2020 and December 31, 2019 consist of the following (in thousands): March 31, 2020 December 31, 2019 Operating lease right-of-use asset $ 8,713 $ 8,713 Less: accumulated amortization (887 ) (712 ) Operating lease right-of-use-assets, net $ 7,826 $ 8,001 The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges, as of March 31, 2020 (in thousands): Year Amount 2020 $ 700 2021 930 2022 869 2023 889 2024 880 2025 and thereafter 5,347 Total minimum lease payments 9,615 Less: amount representing interest (1,696 ) Present value of net minimum lease payments $ 7,919 As of March 31, 2020 , the Corporation had no operating leases that were signed, but had not yet commenced. Finance Leases The Corporation leases certain buildings under finance leases. The lease arrangements require monthly payments through 2036. As of March 31, 2020 , the weighted average remaining lease term was 12.8 years with a weighted average discount rate of 3.35% . The Corporation has included these leases in premises and equipment as of March 31, 2020 and December 31, 2019 as follows (in thousands): March 31, 202 0 December 31, 2019 Buildings $ 5,572 $ 5,572 Less: accumulated depreciation (1,625 ) (1,541 ) Net book value $ 3,947 $ 4,031 The following is a schedule by year of future minimum lease payments under the capitalized lease, together with the present value of net minimum lease payments as of March 31, 2020 (in thousands): Year Amount 2020 $ 284 2021 388 2022 391 2023 391 2024 391 2025 and thereafter 3,248 Total minimum lease payments 5,093 Less: amount representing interest (1,065 ) Present value of net minimum lease payments $ 4,028 As of March 31, 2020 , the Corporation had no finance leases that were signed, but had not yet commenced. Related Party Transactions The Bank leases its branch located at 1365 New Scotland Road, Slingerlands, New York, under a lease agreement through July, 2022 from a member of the Corporation's Board of Directors with monthly rent expense totaling $4 thousand per month. Rent paid to this Board of Directors member totaled $12 thousand and $12 thousand for the three month periods ended March 31, 2020 and 2019 , respectively. The Bank leases its branch located at 2 Rush Street, Schenectady, New York, under a lease agreement through February 2033 from a member of the Corporation's Board of Directors with monthly rent expense totaling $8 thousand per month. Rent paid to this Board of Directors member totaled $24 thousand and $24 thousand for the three month periods ended March 31, 2020 and 2019 , respectively.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS The changes in goodwill included in the core banking segment during the three month periods ended March 31, 2020 and 2019 were as follows (in thousands): 2020 2019 Beginning of year $ 21,824 $ 21,824 Acquired goodwill — — Ending balance March 31, $ 21,824 $ 21,824 Acquired intangible assets were as follows at March 31, 2020 and December 31, 2019 (in thousands): At March 31, 2020 At December 31, 2019 Balance Acquired Accumulated Amortization Balance Acquired Accumulated Amortization Core deposit intangibles $ 5,975 $ 5,875 $ 5,975 $ 5,832 Other customer relationship intangibles 5,633 5,123 5,633 5,034 Total $ 11,608 $ 10,998 $ 11,608 $ 10,866 Aggregate amortization expense was $0.1 million and $0.2 million for the three month periods ended March 31, 2020 and 2019 , respectively. The remaining estimated aggregate amortization expense at March 31, 2020 is listed below (in thousands): Year Estimated Expense 2020 $ 352 2021 258 2022 2023 — 2024 — Total $ 610 The amount of goodwill reflected in the Corporation's Unaudited Consolidated Financial Statements is required to be tested by management for impairment on at least an annual basis. The test for impairment of goodwill on the identified reporting unit is considered a critical accounting estimate because it requires judgment on the part of management and the use of estimates related to the growth assumptions and market multiples used in the valuation model. The goodwill impairment testing is performed annually as of December 31 and no impairment charges were incurred. Changes in the macroeconomic environment resulting from the COVID-19 pandemic created a triggering event in the three month period ended March 31, 2020 and the Corporation performed an interim impairment test. The impairment test performed for the quarter ended March 31, 2020 determined no additional impairment was required.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES The Corporation is a party to certain financial instruments with off-balance sheet risk such as commitments under standby letters of credit, unused portions of lines of credit, overdraft protection and commitments to fund new loans. In accordance with GAAP, these financial instruments are not recorded in the financial statements. The Corporation's policy is to record such instruments when funded. These transactions involve, to varying degrees, elements of credit, interest rate and liquidity risk. Such transactions are generally used by the Corporation to manage clients' requests for funding and other client needs. The following table lists the contractual amounts of financial instruments with off-balance sheet risk at March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 December 31, 2019 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 22,930 $ 24,160 $ 15,560 $ 25,233 Unused lines of credit 2,213 234,343 1,062 229,137 Standby letters of credit — 16,022 — 16,272 On February 4, 2020, the Corporation filed a lawsuit against Pioneer Bank, Albany, New York, in the Supreme Court of the State of New York in the County of Albany. As disclosed in the Corporation’s September 12, 2019 Current Report on Form 8-K, the Bank owns a participating interest totaling $4.2 million in an approximately $36.0 million commercial credit facility on which the borrower defaulted due to fraudulent activity. The Bank’s complaint alleges that Pioneer Bank, as lead bank, breached the participation agreement and engaged in fraud and negligent misrepresentation. The Bank seeks to recover $4.2 million and additional damages as a result of purchasing the participation interest. On April 23, 2020 the Corporation received payment of $461,309 from Pioneer Bank related to its obligation under the participation agreements. This event was not considered material in nature and thus did not result in an adjustment to the financial statements. In the normal course of business, there are various outstanding claims and legal proceedings involving the Corporation or its subsidiaries. As of March 31, 2020 , we believe that we are not a party to any additional pending legal, arbitration, or regulatory proceedings that could have a material adverse impact on our financial results or liquidity.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated other comprehensive loss represents the net unrealized holding gains or losses on securities available for sale and the funded status of the Corporation's defined benefit pension plan and other benefit plans, as of the consolidated balance sheet dates, net of the related tax effect. The following is a summary of the changes in accumulated other comprehensive loss by component, net of tax, for the periods indicated (in thousands): Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2020 $ 1,368 $ (7,167 ) $ (5,799 ) Other comprehensive income before reclassification 5,696 — 5,696 Amounts reclassified from accumulated other comprehensive income — 21 21 Net current period other comprehensive income 5,696 21 5,717 Balance at March 31, 2020 $ 7,064 $ (7,146 ) $ (82 ) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2019 $ (4,646 ) $ (6,765 ) $ (11,411 ) Other comprehensive loss before reclassification 2,556 — 2,556 Amounts reclassified from accumulated other comprehensive income — 13 13 Net current period other comprehensive income 2,556 13 2,569 Balance at March 31, 2019 $ (2,090 ) $ (6,752 ) $ (8,842 ) The following is the reclassification out of accumulated other comprehensive income for the periods indicated (in thousands): Details about Accumulated Other Comprehensive Income (Loss) Components Three Months Ended Affected Line Item 2020 2019 Prior service costs (a) $ (55 ) $ (55 ) Other components of net periodic pension and postretirement benefits Actuarial losses (a) 77 73 Other components of net periodic pension and postretirement benefits Tax effect (1 ) (5 ) Income tax expense Net of tax 21 13 Total reclassification for the period, net of tax $ 21 $ 13 (a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 11 for additional information).

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	REVENUE FROM CONTRACTS WITH CUSTOMERS All of the Corporation's revenue from contracts with customers in the scope of ASC 606 is recognized within non-interest income. The following tables present the Corporation's non-interest income by revenue stream and reportable segment for the three months ended March 31, 2020 and 2019 (in thousands). Items outside the scope of ASC 606 are noted as such. Three Months Ended March 31, 2020 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 805 $ — $ — $ 805 Other 185 — — 185 Interchange revenue from debit card transactions 925 — — 925 WMG fee income — 2,229 — 2,229 CFS fee and commission income — — 177 177 Net gains (losses) on sales of OREO (29 ) — — (29 ) Net gains on sales of loans (a) 75 — — 75 Loan servicing fees (a) 27 — — 27 Net gains on sales of securities (a) — — — — Changes in fair value of equity investments (a) (167 ) — (79 ) (246 ) Other (a) 543 — 39 582 Total non-interest income (loss) $ 2,364 $ 2,229 $ 137 $ 4,730 Three Months Ended March 31, 2019 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 888 $ — $ — $ 888 Other 216 — — 216 Interchange revenue from debit card transactions 1,031 — — 1,031 WMG fee income — 2,276 — 2,276 CFS fee and commission income — — 168 168 Net gains (losses) on sales of OREO (83 ) — — (83 ) Net gains on sales of loans (a) 48 — — 48 Loan servicing fees (a) 35 — — 35 Net gains on sales of securities (a) — — — — Changes in fair value of equity investments (a) 73 — 16 89 Other (a) 257 — — 257 Total non-interest income $ 2,465 $ 2,276 $ 184 $ 4,925 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. A description of the Corporation's revenue streams accounted for under ASC 606 follows: Service Charges on Deposit Accounts: The Corporation earns fees from its deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which included services such as ATM use fees, stop payment charges, statement rendering, and ACH fees, are recognized at the time the transaction is executed as that is the point in time the Corporation fulfills the customer's request. Account maintenance fees, which relate primarily to monthly maintenance, are recognized at the time the maintenance occurs. Overdraft fees are recognized at the point in time that the overdraft occurs. Service charges on deposits are withdrawn from the customer's account balance. Interchange Income from Debit Card Transactions: The Corporation earns interchange fees from debit cardholder transactions conducted through the MasterCard payment network. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to cardholder. WMG Fee Income (Gross): The Corporation earns wealth management fees from its contracts with customers to manage assets for investment, and/or to conduct transactions on their accounts. These fees are primarily earned over time as the Corporation provides the contracted monthly or quarterly services and are generally assessed based on a tiered scale of the market value of assets under management (AUM) at quarter-end. CFS Fee and Commission Income (Net): The Corporation earns fees from investment brokerage services provided to its customers by a third-party service provider. The Corporation receives commissions from the third-party service provider on a monthly basis based upon customer activity for the month. The Corporation (i) acts as an agent in arranging the relationship between the customer and the third-party service provider and (ii) does not control the services rendered to the customers. Investment brokerage fees are presented net of related costs. The Corporation also earns fees from tax services provided to its customers. Net Gains/Losses on Sales of OREO: The Corporation records a gain or loss from the sale of OREO when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. When the Corporation finances the sale of OREO to the buyer, the Corporation assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, the Corporation adjusts the transaction price and related gain (loss) on sale if a significant financing component is present.

COMPONENTS OF QUARTERLY AND YEA

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS	COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS The components of net periodic expense for the Corporation’s pension and other benefit plans for the periods indicated are as follows (in thousands): Three Months Ended 2020 2019 Qualified Pension Plan Service cost, benefits earned during the period $ — $ — Interest cost on projected benefit obligation 322 379 Expected return on plan assets (610 ) (554 ) Amortization of unrecognized transition obligation — — Amortization of unrecognized prior service cost — — Amortization of unrecognized net loss 49 49 Net periodic pension benefit $ (239 ) $ (126 ) Supplemental Pension Plan Service cost, benefits earned during the period $ — $ — Interest cost on projected benefit obligation 10 13 Expected return on plan assets — — Amortization of unrecognized prior service cost — — Amortization of unrecognized net loss 3 1 Net periodic supplemental pension cost $ 13 $ 14 Postretirement Plan, Medical and Life Service cost, benefits earned during the period $ — $ — Interest cost on projected benefit obligation 2 3 Expected return on plan assets — — Amortization of unrecognized prior service cost (55 ) (55 ) Amortization of unrecognized net loss 25 23 Net periodic postretirement, medical and life benefit $ (28 ) $ (29 )

SEGMENT REPORTING

SEGMENT REPORTING	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING The Corporation manages its operations through two primary business segments: core banking and WMG. The core banking segment provides revenues by attracting deposits from the general public and using such funds to originate consumer, commercial, commercial real estate, and residential mortgage loans, primarily in the Corporation’s local markets, and to invest in securities. The WMG services segment provides revenues by providing trust and investment advisory services to clients. Accounting policies for the segments are the same as those described in Note 1 of the Corporation’s 2019 Annual Report on Form 10-K, which was filed with the SEC on March 12, 2020. Summarized financial information concerning the Corporation’s reportable segments and the reconciliation to the Corporation’s consolidated results are shown in the following table. Income taxes are allocated based on the separate taxable income of each entity and indirect overhead expenses are allocated based on reasonable and equitable allocations applicable to the reportable segment. The Holding Company, CFS, and CRM column below includes amounts to eliminate transactions between segments (in thousands). Three months ended March 31, 2020 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 16,367 $ — $ 17 $ 16,384 Interest expense 1,322 — — 1,322 Net interest income 15,045 — 17 15,062 Provision for loan losses 3,050 — — 3,050 Net interest income after provision for loan losses 11,995 — 17 12,012 Other non-interest income 2,364 2,229 137 4,730 Other non-interest expenses 11,882 1,602 265 13,749 Income (loss) before income tax expense (benefit) 2,477 627 (111 ) 2,993 Income tax expense (benefit) 390 161 (49 ) 502 Segment net income (loss) $ 2,087 $ 466 $ (62 ) $ 2,491 Segment assets $ 1,833,135 $ 3,281 $ 4,913 $ 1,841,329 Three months ended March 31, 2019 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 16,652 $ — $ 13 $ 16,665 Interest expense 1,498 — — 1,498 Net interest income 15,154 — 13 15,167 Provision for loan losses 1,093 — — 1,093 Net interest income after provision for loan losses 14,061 — 13 14,074 Other non-interest income 2,465 2,276 184 4,925 Legal accruals and settlements — — — — Other non-interest expenses 11,625 1,575 297 13,497 Income (loss) before income tax expense (benefit) 4,901 701 (100 ) 5,502 Income tax expense (benefit) 889 179 (34 ) 1,034 Segment net income (loss) $ 4,012 $ 522 $ (66 ) $ 4,468 Segment assets $ 1,758,795 $ 3,697 $ 7,080 $ 1,769,572

STOCK COMPENSATION

STOCK COMPENSATION	3 Months Ended
	Mar. 31, 2020
Share-based Payment Arrangement [Abstract]
STOCK COMPENSATION	STOCK COMPENSATION Board of Directors' Stock Compensation Pursuant to the Corporation's Directors' Compensation Plan, members of the Board of Directors receive common shares of the Corporation based on fees individually earned during the previous year for service as a director. The common shares are distributed to the Corporation's individual board members from treasury shares of the Corporation on or about January 15 following the calendar year of service. Additionally, the Chief Executive Officer of the Corporation, who does not receive cash compensation as a member of the Board of Directors, is awarded common shares equal in value to the average of those awarded to board members not employed by the Corporation who have served for 12 months during the prior year. During January 2020 and 2019 , 7,923 and 8,465 shares, respectively, were re-issued from treasury to fund the stock component of directors' compensation. An expense of $89 thousand and $93 thousand related to this compensation was recognized during the three month periods ended March 31, 2020 and 2019 , respectively. This expense is accrued as shares are earned. Restricted Stock Plan Pursuant to the Corporation’s Restricted Stock Plan, the Corporation may make discretionary grants of restricted stock to officers other than the Corporation's Chief Executive Officer. Compensation expense is recognized over the vesting period of the awards based on the fair value of the stock at issue date. A summary of restricted stock activity for the three month period ended March 31, 2020 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at January 1, 2020 33,575 $ 43.24 Granted 255 39.35 Vested (2,350 ) 41.52 Forfeited or cancelled (112 ) 44.72 Nonvested at March 31, 2020 31,368 $ 43.33 As of March 31, 2020 , there was $1.2 million of total unrecognized compensation cost related to nonvested shares granted under the Plan. The cost is expected to be recognized over a weighted-average period of 3.38 years. The total fair value of shares vested was $97 thousand and $32 thousand for the three month periods ended March 31, 2020 and 2019 , respectively.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENT	SUBSEQUENT EVENTS On April 23, 2020 the Corporation received payment of $461,309 from Pioneer Bank related to its obligation under the participation agreements in place related to a participating interest totaling $4.2 million in an approximately $36.0 million commercial credit facility on which the borrower defaulted due to fraudulent activity. This event was not considered material in nature and thus did not result in an adjustment to the financial statements. On April 27, 2020, the Corporation filed a Form S-3 Registration Statement under the Securities Act of 1933. The Corporation's Board of Directors approved the filing with the SEC of a Shelf Registration Statement to register for sale from time to time up to $50 million of the following securities: (i) shares of common stock; (ii) unsecured debt securities, which may consist of notes, debentures or other evidences of indebtedness; (iii) warrants; (iv) purchase contracts; (v) units consisting of any combination of the foregoing; and (vi) subscription rights to purchase shares of common stock or debt securities. The SEC declared the registration statement effective on May 7, 2020.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Organization	Organization The Corporation, through its wholly-owned subsidiaries, the Bank and CFS, provides a wide range of banking, financing, fiduciary and other financial services to its clients. The Corporation and the Bank are subject to the regulations of certain federal and state agencies and undergo periodic examinations by those regulatory authorities. CRM, a wholly-owned subsidiary of the Corporation, which was formed and began operations on May 31, 2016, is a Nevada-based captive insurance company which insures against certain risks unique to the operations of the Corporation and its subsidiaries and for which insurance may not be currently available or economically feasible in today's insurance marketplace. CRM pools resources with several other similar insurance company subsidiaries of financial institutions to spread a limited amount of risk among themselves. CRM is subject to regulations of the State of Nevada and undergoes periodic examinations by the Nevada Division of Insurance.
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in conformity with GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Article 10 of Regulation S-X of the Exchange Act. These financial statements include the accounts of the Corporation and its subsidiaries, and all significant intercompany balances and transactions are eliminated in consolidation. Amounts in the prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current period's presentation. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and disclosures provided, and actual results could differ. In the opinion of management, all adjustments (consisting of normal recurring adjustments) and disclosures necessary for the fair presentation of the accompanying consolidated financial statements have been included. The unaudited consolidated financial statements should be read in conjunction with the Corporation's 2019 Annual Report on Form 10-K for the year ended December 31, 2019 . The results of operations for any interim periods are not necessarily indicative of the results which may be expected for the entire year or any other period.
Reclassifications	Reclassifications
Recent Accounting Pronouncements and Adoption of New Accounting Standards	Recent Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The objective of the ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date by replacing the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to form credit loss estimates. The amendments in this ASU are effective for public companies for fiscal years beginning after December 15, 2019, though entities may adopt the amendments earlier for fiscal years beginning after December 15, 2018. In November 2019, the FASB adopted changes to delay the effective date of ASU 2016-13 to January 2023 for certain entities, including certain Securities and Exchange Commission filers, public business entities, and private companies. As a smaller reporting company, the Corporation is eligible for the proposed delay and has elected to defer implementation until January 1, 2023. The Corporation anticipates that the adoption of the CECL model will result in an increase to the Corporation's allowance for loan losses. The Corporation has established a committee to oversee the implementation of CECL and has selected a vendor to assist in the implementation process. In 2018, the committee began establishing parameters which will be used in the CECL model with the selected vendor. The Corporation is running its current incurred loss model and a CECL model concurrently. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") was signed into law. The CARES Act provides banking organizations which previously adopted for fiscal years beginning after December 15, 2019, temporary relief from complying with CECL. Section 4013 of the CARES Act gives entities temporary relief from the accounting and disclosure requirements for troubled debt restructurings (TDRs) under ASC 310-40, Receivables: Troubled Debt Restructurings by Creditors, in certain situations. Section 4013 of the CARES Act permits the suspension of ASC 310-40 for loan modifications that are made by financial institutions in response to the COVID-19 pandemic if (1) the borrower was not more than 30 days past due as of December 31, 2019, and (2) the modifications are related to arrangements that defer or delay the payment of principal or interest, or change the interest rate on the loan. All loan modifications made by the Corporation in response to the COLVID-19 pandemic have been in accordance with Section 4013 of the CARES Act. Adoption of New Accounting Standards On January 1, 2020, the Corporation adopted ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . The objective of the ASU is to simplify the manner in which an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Additionally, the ASU removes the requirement for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails such qualitative test, to perform Step 2 of the goodwill impairment test. The adoption of the ASU did not have a significant impact on the Corporation's consolidated financial statements. On January 1, 2019, the Corporation adopted ASU 2016-02, Leases (Topic 842) . ASU 2016-02 requires companies that lease valuable assets to recognize on their balance sheets the assets and liabilities generated by contracts longer than a year. The Corporation adopted the new lease guidance using the modified retrospective approach and elected the transition option issued under ASU 2018-11, Leases (Topic 842) Targeted Improvements , allowing entities to continue to apply the legacy guidance in ASC 840, Leases , to prior periods, including disclosure requirements. Accordingly, prior period financial results and disclosures have not been adjusted. In addition, the Corporation elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Corporation to carry forward the historical lease classification. Adoption of the new standard resulted in the recording of operating lease right-of-use assets and operating lease liabilities of approximately $8.6 million as of January 1, 2019. The standard did not materially impact our consolidated net earnings and had no impact on cash flows. On January 1, 2019, the Corporation adopted ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities . The objective of the ASU is to align the amortization period of premiums and discounts to expectations incorporated in market pricing on the underlying securities. The amendment requires that the premium be amortized to the earliest call date, but does not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The adoption of the ASU did not have a significant impact on the Corporation's consolidated financial statements. Risks and Uncertainties - COVID19 The COVID-19 pandemic has caused significant economic dislocation in the United States as many state and local governments have ordered non-essential businesses to close and residents to shelter in place at home. This has resulted in an unprecedented slow-down in economic activity and a related increase in unemployment. Since the COVID-19 pandemic, more than 30 million people have filed claims for unemployment, and stock markets have declined in value and in particular bank stocks have significantly declined in value. Certain industries have been particularly hard-hit, including the travel and hospitality industry, the restaurant industry and the retail industry. Finally, the spread of the coronavirus has caused us to modify our business practices, including employee travel, employee work locations, and cancellation of physical participation in meetings, events and conferences. We have many employees working remotely and we may take further actions as may be required by government authorities or that we determine are in the best interests of our employees, customers and business partners. Given the ongoing and dynamic nature of the circumstances, it is difficult to predict the full impact of the COVID-19 pandemic on our business. The extent of such impact will depend on future developments, which are highly uncertain, including when the coronavirus can be controlled and abated and when and how the economy may be reopened. The Corporation's consolidated financial statements reflect estimates and assumptions that affect the reported amounts of assets and liabilities, including the amount of the allowances for credit losses established. Management evaluated the potential impact of the COVID-19 pandemic as it related to the loan portfolio and as part of this analysis, management identified what it believes to be higher risk loans through a detailed analysis of industry codes. Certain allowance qualitative factors were increased based on an assessment of the impact of the current pandemic on local, national and global economic conditions as well as the perceived risks inherent in specific industries and credit characteristics. Management has taken actions to identify and assess additional possible credit exposure due to the COVID-19 pandemic based upon the industry types within the current loan portfolio. As of March 31, 2020, "highly impacted" industries total $199.4 million , or 22.3% of the Bank's commercial loan portfolio as of March 31, 2020.
Earnings Per Common Share	Basic earnings per share is net income divided by the weighted average number of common shares outstanding during the period. Issuable shares, including those related to directors’ restricted stock units and directors’ stock compensation, are considered outstanding and are included in the computation of basic earnings per share. All outstanding unvested share-based payment awards that contain rights to non-forfeitable dividends are considered participating securities for this calculation. Restricted stock awards are grants of participating securities and are considered outstanding at grant date. Earnings per share information is adjusted to present comparative results for stock splits and stock dividends that occur.
Fair Value Measurement	Fair value is the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair value: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity's own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Corporation used the following methods and significant assumptions to estimate fair value on a recurring basis: Available for Sale Securities: The fair values of securities available for sale are usually determined by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs), or matrix pricing, which is a mathematical technique widely used to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities' relationship to other benchmark quoted securities (Level 2 inputs). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3 inputs). Equity Investments: Securities that are held to fund a deferred compensation plan and securities that have a readily determinable fair market value, are recorded at fair value with changes in fair value included in earnings. The fair values of equity investments are determined by quoted market prices (Level 1 inputs). Impaired Loans : At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans carried at fair value have been partially charged-off or receive specific allocations as part of the allowance for loan loss accounting. For collateral dependent loans, fair value is commonly based on real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, typically resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. OREO : Assets acquired through or instead of loan foreclosures are initially recorded at fair value less costs to sell when acquired, establishing a new cost basis. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. Fair value is commonly based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Appraisals for both collateral-dependent impaired loans and OREO are performed by certified general appraisers (commercial properties) or certified residential appraisers (residential properties) whose qualifications and licenses have been reviewed and verified by the Corporation. Once received, appraisals are reviewed for reasonableness of assumptions, approaches utilized, Uniform Standards of Professional Appraisal Practice and other regulatory compliance, as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. Appraisals are generally completed within the previous 12 month period prior to a property being placed into OREO. On impaired loans, appraisal values are adjusted based on the age of the appraisal, the position of the lien, the type of the property and its condition. Derivatives : The fair values of interest rate swaps are based on valuation models using observable market data as of the measurement date (Level 2 inputs). Derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices, and indices to generate continuous yield or pricing curves, prepayment rates, and volatility factors to value the position. The Corporation also incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counter-party's nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Corporation has considered the impact of any applicable credit enhancements, such as collateral postings. Although the Corporation has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize credit default rate assumptions (Level 3 inputs).

SECURITIES (Tables)

SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Amortized cost and estimated fair value of securities available for sale	Amortized cost and estimated fair value of securities available for sale are as follows (in thousands): March 31, 2020 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Mortgage-backed securities, residential $ 227,180 $ 8,025 $ 206 $ 234,999 Obligations of states and political subdivisions 40,984 1,641 — 42,625 Corporate bonds and notes 250 — — 250 SBA loan pools 21,181 91 71 21,201 Total $ 289,595 $ 9,757 $ 277 $ 299,075 December 31, 2019 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Mortgage-backed securities, residential 225,029 1,471 1,266 225,234 Obligations of states and political subdivisions 41,265 1,580 — 42,845 Corporate bonds and notes 250 — — 250 SBA loan pools 15,712 95 46 15,761 Total $ 282,256 $ 3,146 $ 1,312 $ 284,090
Amortized cost and estimated fair value of securities held to maturity	Amortized cost and estimated fair value of securities held to maturity are as follows (in thousands): March 31, 2020 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 931 $ — $ — $ 931 Time deposits with other financial institutions 2,070 23 — 2,093 Total $ 3,001 $ 23 $ — $ 3,024 December 31, 2019 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 1,045 $ — $ — $ 1,045 Time deposits with other financial institutions 2,070 24 — 2,094 Total $ 3,115 $ 24 $ — $ 3,139
Amortized cost and estimated fair value of debt securities by contractual maturity	The amortized cost and estimated fair value of debt securities are shown below by expected maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately (in thousands): March 31, 2020 Available for Sale Held to Maturity Amortized Fair Amortized Fair Within one year $ 475 $ 475 $ 1,480 $ 1,484 After one, but within five years 10,439 10,779 1,521 1,540 After five, but within ten years 29,271 30,541 — — After ten years 1,049 1,080 — — 41,234 42,875 3,001 3,024 Mortgage-backed securities, residential 227,180 234,999 — — SBA loan pools 21,181 21,201 — — Total $ 289,595 $ 299,075 $ 3,001 $ 3,024
Investment securities available for sale in an unrealized loss position	he following tables summarize the investment securities available for sale with unrealized losses at March 31, 2020 and December 31, 2019 by aggregated major security type and length of time in a continuous unrealized loss position (in thousands): Less than 12 months 12 months or longer Total March 31, 2020 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities, residential $ 5,168 $ 114 $ 3,875 $ 92 $ 9,043 $ 206 SBA loan pools 6,009 37 1,338 34 7,347 71 Total temporarily impaired securities $ 11,177 $ 151 $ 5,213 $ 126 $ 16,390 $ 277 Less than 12 months 12 months or longer Total December 31, 2019 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities, residential 71,506 791 54,343 475 125,849 1,266 SBA loan pools 3,014 9 1,405 37 4,419 46 Total temporarily impaired securities $ 74,520 $ 800 $ 55,748 $ 512 $ 130,268 $ 1,312

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	3 Months Ended
	Mar. 31, 2020
Loans and Leases Receivable Disclosure [Abstract]
Composition of the loan portfolio by type	The composition of the loan portfolio, net of deferred origination fees and costs, is summarized as follows (in thousands): March 31, December 31, Commercial and agricultural: Commercial and industrial $ 235,690 $ 230,018 Agricultural 289 274 Commercial mortgages: Construction 40,957 43,962 Commercial mortgages, other 618,831 604,832 Residential mortgages 192,722 188,338 Consumer loans: Credit cards — — Home equity lines and loans 88,149 91,784 Indirect consumer loans 129,473 134,973 Direct consumer loans 14,350 15,038 Total loans, net of deferred origination fees and costs 1,320,461 1,309,219 Interest receivable on loans 3,759 3,684 Total recorded investment in loans $ 1,324,220 $ 1,312,903
Allowance for loan losses by portfolio segment	The following tables present the activity in the allowance for loan losses by portfolio segment for the three month periods ended March 31, 2020 and 2019 (in thousands): Three Months Ended March 31, 2020 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 10,227 $ 8,869 $ 1,252 $ 3,130 $ 23,478 Charge-offs (30 ) — — (403 ) (433 ) Recoveries 4 1 — 135 140 Net recoveries (charge-offs) (26 ) — — (268 ) (294 ) Provision 990 1,603 169 288 3,050 Ending balance $ 11,191 $ 10,472 $ 1,421 $ 3,149 $ 26,233 Three Months Ended March 31, 2019 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 5,383 $ 8,184 $ 1,226 $ 4,151 $ 18,944 Charge-offs (7 ) — (2 ) (439 ) (448 ) Recoveries 11 1 — 144 156 Net recoveries (charge-offs) 4 1 (2 ) (295 ) (292 ) Provision 42 1,289 (9 ) (229 ) 1,093 Ending balance $ 5,429 $ 9,474 $ 1,215 $ 3,627 $ 19,745
Allowance for loan losses and the recorded investment in loans based on impairment method	The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 5,851 $ 2,058 $ — $ — $ 7,909 Collectively evaluated for impairment 5,340 8,414 1,421 3,149 18,324 Total ending allowance balance $ 11,191 $ 10,472 $ 1,421 $ 3,149 $ 26,233 December 31, 2019 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 6,000 $ 2,097 $ — $ — $ 8,097 Collectively evaluated for impairment 4,227 6,772 1,252 3,130 15,381 Total ending allowance balance $ 10,227 $ 8,869 $ 1,252 $ 3,130 $ 23,478 March 31, 2020 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 5,952 $ 8,478 $ 518 $ 149 $ 15,097 Loans collectively evaluated for impairment 230,698 653,183 192,751 232,491 1,309,123 Total ending loans balance $ 236,650 $ 661,661 $ 193,269 $ 232,640 $ 1,324,220 December 31, 2019 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 6,147 $ 8,844 $ 525 $ 149 $ 15,665 Loans collectively evaluated for impairment 224,775 641,726 188,349 242,388 1,297,238 Total ending loans balance $ 230,922 $ 650,570 $ 188,874 $ 242,537 $ 1,312,903
Summary of impaired financing receivables	The following table presents loans individually evaluated for impairment recognized by class of loans as of March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 December 31, 2019 With no related allowance recorded: Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Commercial and agricultural: Commercial and industrial $ 105 $ 106 $ — $ 133 $ 133 $ — Commercial mortgages: Construction 231 232 — 247 247 — Commercial mortgages, other 3,219 3,220 — 3,501 3,503 — Residential mortgages 547 518 — 554 525 — Consumer loans: Home equity lines and loans 171 149 — 171 149 — With an allowance recorded: Commercial and agricultural: Commercial and industrial 5,845 5,846 5,851 6,013 6,014 6,000 Commercial mortgages: Commercial mortgages, other 5,025 5,026 2,058 5,093 5,094 2,097 Total $ 15,143 $ 15,097 $ 7,909 $ 15,712 $ 15,665 $ 8,097 The following table presents the average recorded investment and interest income of loans individually evaluated for impairment recognized by class of loans for the three -month periods ended March 31, 2020 and 2019 (in thousands): Three Months Ended Three Months Ended With no related allowance recorded: Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial and agricultural: Commercial and industrial $ 120 $ — $ 325 $ 1 Commercial mortgages: Construction 239 2 301 2 Commercial mortgages, other 3,362 — 3,889 5 Residential mortgages 521 5 397 2 Consumer loans: Home equity lines & loans 149 2 111 1 With an allowance recorded: Commercial and agricultural: Commercial and industrial 5,930 — 1,807 — Commercial mortgages: Commercial mortgages, other 5,060 — 3,523 — Total $ 15,381 $ 9 $ 10,353 $ 11 (1) Cash basis interest income approximates interest income recognized. The following table presents the recorded investment in non-accrual and loans past due 90 days or more and still accruing by class of loans as of March 31, 2020 and December 31, 2019 (in thousands): Non-accrual Loans Past Due 90 Days or More and Still Accruing March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 Commercial and agricultural: Commercial and industrial $ 5,951 $ 6,147 $ 8 $ 7 Commercial mortgages: Construction 73 80 — — Commercial mortgages, other 8,247 8,407 — — Residential mortgages 2,265 2,155 — — Consumer loans: Credit cards — — — — Home equity lines and loans 638 641 — — Indirect consumer loans 767 571 — — Direct consumer loans 7 7 — — Total $ 17,948 $ 18,008 $ 8 $ 7
Recorded investment in past due and non-accrual status by class of loans	The following tables present the aging of the recorded investment in loans as of March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total Past Due Loans Not Past Due Total Commercial and agricultural: Commercial and industrial $ 347 $ 1,373 $ 4,264 $ 5,984 $ 230,376 $ 236,360 Agricultural — — — — 290 290 Commercial mortgages: Construction — — — — 41,073 41,073 Commercial mortgages, other 2,385 1,211 2,297 5,893 614,695 620,588 Residential mortgages 1,432 286 1,131 2,849 190,420 193,269 Consumer loans: Home equity lines and loans 368 174 95 637 87,784 88,421 Indirect consumer loans 1,050 216 376 1,642 128,167 129,809 Direct consumer loans 33 21 6 60 14,350 14,410 Total $ 5,615 $ 3,281 $ 8,169 $ 17,065 $ 1,307,155 $ 1,324,220 December 31, 2019 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total Past Due Loans Not Past Due Total Commercial and agricultural: Commercial and industrial $ 1,285 $ 49 $ 4,398 $ 5,732 $ 224,916 $ 230,648 Agricultural — — — — 274 274 Commercial mortgages: Construction — — — — 44,082 44,082 Commercial mortgages, other 440 277 2,165 2,883 603,605 606,488 Residential mortgages 1,016 804 956 2,775 186,099 188,874 Consumer loans: Credit cards — — — — — — Home equity lines and loans 353 151 149 653 91,412 92,065 Indirect consumer loans 1,546 377 355 2,278 133,088 135,366 Direct consumer loans 32 10 6 49 15,057 15,106 Total $ 4,672 $ 1,668 $ 8,029 $ 14,370 $ 1,298,533 $ 1,312,903
Loans by class modified as troubled debt restructurings	The following table present loans by class modified as TDRs that occurred during the three months ended March 31, 2019 (dollars in thousands): March 31, 2019 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Consumer loans: Home equity lines and loans 1 $ 137 $ 137 Total 1 $ 137 $ 137 The TDRs described above did not increase the allowance for loan losses and resulted in no charge-offs during the three-month period ended March 31, 2019.
Risk category of the recorded investment of loans by class of loans	Based on the analyses performed as of March 31, 2020 and December 31, 2019 , the risk category of the recorded investment of loans by class of loans is as follows (in thousands): March 31, 2020 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 214,801 $ 5,852 $ 9,926 $ 5,781 $ 236,360 Agricultural — 290 — — — 290 Commercial mortgages: Construction — 37,123 398 3,552 — 41,073 Commercial mortgages — 593,742 11,483 11,008 4,355 620,588 Residential mortgages 191,004 — — 2,265 — 193,269 Consumer loans: Home equity lines and loans 87,783 — — 638 — 88,421 Indirect consumer loans 129,042 — — 767 — 129,809 Direct consumer loans 14,403 — — 7 — 14,410 Total $ 422,232 $ 845,956 $ 17,733 $ 28,163 $ 10,136 $ 1,324,220 December 31, 2019 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 208,552 $ 5,915 $ 10,361 $ 5,820 $ 230,648 Agricultural — 274 — — — 274 Commercial mortgages: Construction — 40,304 168 3,610 — 44,082 Commercial mortgages — 577,266 12,451 12,356 4,415 606,488 Residential mortgages 186,719 — — 2,155 — 188,874 Consumer loans: Credit cards — — — — — — Home equity lines and loans 91,424 — — 641 — 92,065 Indirect consumer loans 134,795 — — 571 — 135,366 Direct consumer loans 15,099 — — 7 — 15,106 Total $ 428,037 $ 826,396 $ 18,534 $ 29,701 $ 10,235 $ 1,312,903
Recorded investment in residential and consumer loans based on payment activity	The following tables present the recorded investment in residential and consumer loans based on payment activity as of March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 Consumer Loans Residential Mortgages Credit Card Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 191,004 $ — $ 87,783 $ 129,042 $ 14,403 Non-Performing 2,265 — 638 767 7 $ 193,269 $ — $ 88,421 $ 129,809 $ 14,410 December 31, 2019 Consumer Loans Residential Mortgages Credit Card Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 186,719 $ — $ 91,424 $ 134,795 $ 15,099 Non-Performing 2,155 — 641 571 7 $ 188,874 $ — $ 92,065 $ 135,366 $ 15,106

FAIR VALUE (Tables)

FAIR VALUE (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Summary of assets and liabilities measured at fair value on a recurring basis	Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands): Fair Value Measurement at March 31, 2020 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Mortgage-backed securities, residential $ 234,999 $ — $ 234,999 $ — Obligations of states and political subdivisions 42,625 — 42,625 — Corporate bonds and notes 250 — 250 — SBA loan pools 21,201 — 21,201 — Total available for sale securities $ 299,075 $ — $ 299,075 $ — Equity investments, at fair value $ 1,274 $ 1,274 $ — $ — Derivative assets 16,343 — 16,343 — Financial Liabilities: Derivative liabilities $ 16,773 $ — $ 16,343 $ 430 There were no transfers between Level 1 and Level 2 during the three month period ended March 31, 2020 . Fair Value Measurement at December 31, 2019 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Mortgage-backed securities, residential 225,234 — 225,234 — Obligations of states and political subdivisions 42,845 — 42,845 — Corporate bonds and notes 250 — 250 — SBA loan pools 15,761 — 15,761 — Total available for sale securities $ 284,090 $ — $ 284,090 $ — Equity investments, at fair value $ 1,442 $ 1,442 $ — $ — Derivative assets 6,466 — 6,466 — Financial Liabilities: Derivative liabilities $ 6,831 $ — $ 6,466 $ 365
Reconciliation of all assets measured at fair value	The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three-month periods ended March 31, 2020 and 2019 (in thousands): Assets (Liabilities) Derivative Liabilities March 31, 2020 March 31, 2019 Balance of recurring Level 3 assets at January 1 $ (365 ) $ (140 ) Derivative instruments entered into (9 ) (24 ) Total gains or losses for the period: Included in earnings - other non-interest income (56 ) (66 ) Included in other comprehensive income — — Transfers out of Level 3 — — Balance of recurring Level 3 assets at March 31, $ (430 ) $ (230 )
Reconciliation of liabilities measured at fair value	The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three-month periods ended March 31, 2020 and 2019 (in thousands): Assets (Liabilities) Derivative Liabilities March 31, 2020 March 31, 2019 Balance of recurring Level 3 assets at January 1 $ (365 ) $ (140 ) Derivative instruments entered into (9 ) (24 ) Total gains or losses for the period: Included in earnings - other non-interest income (56 ) (66 ) Included in other comprehensive income — — Transfers out of Level 3 — — Balance of recurring Level 3 assets at March 31, $ (430 ) $ (230 )
Summary of assets and liabilities measured at fair value on a non-recurring basis	Assets and liabilities measured at fair value on a non-recurring basis are summarized below (in thousands): Fair Value Measurement at March 31, 2020 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Gains (Losses) Impaired Loans: Commercial mortgages: Commercial mortgages $ 1,554 $ — $ — $ 1,554 $ (1,429 ) Total impaired loans $ 1,554 $ — $ — $ 1,554 $ (1,429 ) Other real estate owned: Commercial mortgages: Commercial mortgages $ 111 $ — $ — $ 111 $ — Residential mortgages 178 — — 178 — Consumer loans: Home equity lines and loans 91 — — 91 — Total other real estate owned, net $ 380 $ — $ — $ 380 $ — Fair Value Measurement at December 31, 2019 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Gains (Losses) Impaired Loans: Commercial mortgages: Commercial mortgages $ 1,554 $ — $ — $ 1,554 $ (1,597 ) Total impaired loans $ 1,554 $ — $ — $ 1,554 $ (1,597 ) Other real estate owned: Commercial mortgages: Commercial mortgages $ 111 $ — $ — $ 111 $ — Residential mortgages 284 — — 284 (12 ) Consumer loans: Home equity lines and loans 122 — — 122 — Total other real estate owned, net $ 517 $ — $ — $ 517 $ (12 )
Nonrecurring fair value measurement, valuation techniques	The following table presents information related to Level 3 recurring fair value measurements at March 31, 2020 and December 31, 2019 (in thousands): Description Fair Value at Valuation Technique Unobservable Inputs Range Derivative liabilities $ 430 Historical trend Credit default rate 12.86% - 20.75% Description Fair Value at Valuation Technique Unobservable Inputs Range Derivative liabilities $ 365 Historical trend Credit default rate 7.30% - 7.30% The following tables present information related to Level 3 non-recurring fair value measurement at March 31, 2020 and December 31, 2019 (in thousands): Description Fair Value at March 31, 2020 Valuation Technique Unobservable Inputs Range Impaired loans: Commercial mortgages: Commercial mortgages $ 1,554 Sales comparison Discount to appraised value 10.31% - 10.31% $ 1,554 OREO: Commercial mortgages: Commercial mortgages $ 111 Sales comparison Discount to appraised value 20.80% - 20.80% Residential mortgages 178 Sales comparison Discount to appraised value 0.00% -0.00% Consumer loans: Home equity lines and loans 91 Sales comparison Discount to appraised value 27.49% - 27.49% $ 380 Description Fair Value at December 31, 2019 Valuation Technique Unobservable Inputs Range Impaired loans: Commercial mortgages: Commercial mortgages 1,554 Sales comparison Discount to appraised value 10.00% - 10.00% Consumer loans: $ 1,554 OREO: Commercial mortgages: Commercial mortgages $ 111 Sales comparison Discount to appraised value 20.80% - 20.80% Residential mortgages 284 Sales comparison Discount to appraised value 20.80% - 35.29% Consumer loans: Home equity lines and loans 122 Sales comparison Discount to appraised value 20.80% - 20.80% $ 517
Carrying value and estimated fair value of financial instruments	The carrying amounts and estimated fair values of other financial instruments, at March 31, 2020 and December 31, 2019 , are as follows (in thousands): March 31, 2020 Financial assets: Carrying Amount Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Estimated Fair Value Cash and due from financial institutions $ 27,522 $ 27,522 $ — $ — $ 27,522 Interest-earning deposits in other financial institutions 116,936 116,936 — — 116,936 Equity investments 1,999 1,999 — — 1,999 Securities held to maturity 3,001 — 2,093 931 3,024 FHLBNY and FRBNY stock 3,099 — — — N/A Loans, net and loans held for sale 1,295,029 — — 1,298,475 1,298,475 Accrued interest receivable 4,786 39 988 3,759 4,786 Derivative Assets 16,343 — 16,343 — 16,343 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,441,841 $ 1,441,841 $ — $ — $ 1,441,841 Time deposits 166,262 — 169,803 — 169,803 Accrued interest payable 293 11 282 — 293 Derivative Liabilities 16,773 — 16,343 430 16,773 (1) Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. December 31, 2019 Financial assets: Carrying Amount Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Estimated Fair Value Cash and due from financial institutions $ 25,203 $ 25,203 $ — $ — $ 25,203 Interest-earning deposits in other financial institutions 96,701 96,701 — — 96,701 Equity investments 2,174 2,174 — — 2,174 Securities available for sale 284,090 — 284,090 — 284,090 Securities held to maturity 3,115 — 2,094 1,045 3,139 FHLBNY and FRBNY stock 3,099 — — — N/A Loans, net and loans held for sale 1,286,926 — — 1,285,215 1,285,215 Accrued interest receivable 4,633 63 885 3,685 4,633 Derivative Asset 6,466 — 6,466 — 6,466 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,410,962 $ 1,410,962 $ — $ — $ 1,410,962 Time deposits 161,176 — 163,761 — 163,761 Accrued interest payable 299 27 272 — 299 Derivative Liabilities 6,831 — 6,466 365 6,831 (1) Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Assets and Liabilities, Lessee	Leased branch properties at March 31, 2020 and December 31, 2019 consist of the following (in thousands): March 31, 2020 December 31, 2019 Operating lease right-of-use asset $ 8,713 $ 8,713 Less: accumulated amortization (887 ) (712 ) Operating lease right-of-use-assets, net $ 7,826 $ 8,001
Lessee, Operating Lease, Liability, Maturity	The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges, as of March 31, 2020 (in thousands): Year Amount 2020 $ 700 2021 930 2022 869 2023 889 2024 880 2025 and thereafter 5,347 Total minimum lease payments 9,615 Less: amount representing interest (1,696 ) Present value of net minimum lease payments $ 7,919
Property, Plant and Equipment	The Corporation has included these leases in premises and equipment as of March 31, 2020 and December 31, 2019 as follows (in thousands): March 31, 202 0 December 31, 2019 Buildings $ 5,572 $ 5,572 Less: accumulated depreciation (1,625 ) (1,541 ) Net book value $ 3,947 $ 4,031
Finance Lease, Liability, Maturity	The following is a schedule by year of future minimum lease payments under the capitalized lease, together with the present value of net minimum lease payments as of March 31, 2020 (in thousands): Year Amount 2020 $ 284 2021 388 2022 391 2023 391 2024 391 2025 and thereafter 3,248 Total minimum lease payments 5,093 Less: amount representing interest (1,065 ) Present value of net minimum lease payments $ 4,028

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in goodwill	The changes in goodwill included in the core banking segment during the three month periods ended March 31, 2020 and 2019 were as follows (in thousands): 2020 2019 Beginning of year $ 21,824 $ 21,824 Acquired goodwill — — Ending balance March 31, $ 21,824 $ 21,824
Schedule of acquired finite-lived intangible assets by major class	Acquired intangible assets were as follows at March 31, 2020 and December 31, 2019 (in thousands): At March 31, 2020 At December 31, 2019 Balance Acquired Accumulated Amortization Balance Acquired Accumulated Amortization Core deposit intangibles $ 5,975 $ 5,875 $ 5,975 $ 5,832 Other customer relationship intangibles 5,633 5,123 5,633 5,034 Total $ 11,608 $ 10,998 $ 11,608 $ 10,866
Schedule of expected amortization expense	The remaining estimated aggregate amortization expense at March 31, 2020 is listed below (in thousands): Year Estimated Expense 2020 $ 352 2021 258 2022 2023 — 2024 — Total $ 610

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Contractual amounts of financial instruments with off-balance sheet risk	The following table lists the contractual amounts of financial instruments with off-balance sheet risk at March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 December 31, 2019 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 22,930 $ 24,160 $ 15,560 $ 25,233 Unused lines of credit 2,213 234,343 1,062 229,137 Standby letters of credit — 16,022 — 16,272

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Components of accumulated other comprehensive income (loss)	The following is a summary of the changes in accumulated other comprehensive loss by component, net of tax, for the periods indicated (in thousands): Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2020 $ 1,368 $ (7,167 ) $ (5,799 ) Other comprehensive income before reclassification 5,696 — 5,696 Amounts reclassified from accumulated other comprehensive income — 21 21 Net current period other comprehensive income 5,696 21 5,717 Balance at March 31, 2020 $ 7,064 $ (7,146 ) $ (82 ) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2019 $ (4,646 ) $ (6,765 ) $ (11,411 ) Other comprehensive loss before reclassification 2,556 — 2,556 Amounts reclassified from accumulated other comprehensive income — 13 13 Net current period other comprehensive income 2,556 13 2,569 Balance at March 31, 2019 $ (2,090 ) $ (6,752 ) $ (8,842 )
Reclassification out of accumulated other comprehensive income	The following is the reclassification out of accumulated other comprehensive income for the periods indicated (in thousands): Details about Accumulated Other Comprehensive Income (Loss) Components Three Months Ended Affected Line Item 2020 2019 Prior service costs (a) $ (55 ) $ (55 ) Other components of net periodic pension and postretirement benefits Actuarial losses (a) 77 73 Other components of net periodic pension and postretirement benefits Tax effect (1 ) (5 ) Income tax expense Net of tax 21 13 Total reclassification for the period, net of tax $ 21 $ 13 (a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 11 for additional information).

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following tables present the Corporation's non-interest income by revenue stream and reportable segment for the three months ended March 31, 2020 and 2019 (in thousands). Items outside the scope of ASC 606 are noted as such. Three Months Ended March 31, 2020 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 805 $ — $ — $ 805 Other 185 — — 185 Interchange revenue from debit card transactions 925 — — 925 WMG fee income — 2,229 — 2,229 CFS fee and commission income — — 177 177 Net gains (losses) on sales of OREO (29 ) — — (29 ) Net gains on sales of loans (a) 75 — — 75 Loan servicing fees (a) 27 — — 27 Net gains on sales of securities (a) — — — — Changes in fair value of equity investments (a) (167 ) — (79 ) (246 ) Other (a) 543 — 39 582 Total non-interest income (loss) $ 2,364 $ 2,229 $ 137 $ 4,730 Three Months Ended March 31, 2019 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 888 $ — $ — $ 888 Other 216 — — 216 Interchange revenue from debit card transactions 1,031 — — 1,031 WMG fee income — 2,276 — 2,276 CFS fee and commission income — — 168 168 Net gains (losses) on sales of OREO (83 ) — — (83 ) Net gains on sales of loans (a) 48 — — 48 Loan servicing fees (a) 35 — — 35 Net gains on sales of securities (a) — — — — Changes in fair value of equity investments (a) 73 — 16 89 Other (a) 257 — — 257 Total non-interest income $ 2,465 $ 2,276 $ 184 $ 4,925 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments.

COMPONENTS OF QUARTERLY AND Y_2

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Tables)	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
Components of net periodic benefit costs	The components of net periodic expense for the Corporation’s pension and other benefit plans for the periods indicated are as follows (in thousands): Three Months Ended 2020 2019 Qualified Pension Plan Service cost, benefits earned during the period $ — $ — Interest cost on projected benefit obligation 322 379 Expected return on plan assets (610 ) (554 ) Amortization of unrecognized transition obligation — — Amortization of unrecognized prior service cost — — Amortization of unrecognized net loss 49 49 Net periodic pension benefit $ (239 ) $ (126 ) Supplemental Pension Plan Service cost, benefits earned during the period $ — $ — Interest cost on projected benefit obligation 10 13 Expected return on plan assets — — Amortization of unrecognized prior service cost — — Amortization of unrecognized net loss 3 1 Net periodic supplemental pension cost $ 13 $ 14 Postretirement Plan, Medical and Life Service cost, benefits earned during the period $ — $ — Interest cost on projected benefit obligation 2 3 Expected return on plan assets — — Amortization of unrecognized prior service cost (55 ) (55 ) Amortization of unrecognized net loss 25 23 Net periodic postretirement, medical and life benefit $ (28 ) $ (29 )

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Summarized financial information showing reconciliation of segment net income loss and assets to consolidated results	The Holding Company, CFS, and CRM column below includes amounts to eliminate transactions between segments (in thousands). Three months ended March 31, 2020 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 16,367 $ — $ 17 $ 16,384 Interest expense 1,322 — — 1,322 Net interest income 15,045 — 17 15,062 Provision for loan losses 3,050 — — 3,050 Net interest income after provision for loan losses 11,995 — 17 12,012 Other non-interest income 2,364 2,229 137 4,730 Other non-interest expenses 11,882 1,602 265 13,749 Income (loss) before income tax expense (benefit) 2,477 627 (111 ) 2,993 Income tax expense (benefit) 390 161 (49 ) 502 Segment net income (loss) $ 2,087 $ 466 $ (62 ) $ 2,491 Segment assets $ 1,833,135 $ 3,281 $ 4,913 $ 1,841,329 Three months ended March 31, 2019 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 16,652 $ — $ 13 $ 16,665 Interest expense 1,498 — — 1,498 Net interest income 15,154 — 13 15,167 Provision for loan losses 1,093 — — 1,093 Net interest income after provision for loan losses 14,061 — 13 14,074 Other non-interest income 2,465 2,276 184 4,925 Legal accruals and settlements — — — — Other non-interest expenses 11,625 1,575 297 13,497 Income (loss) before income tax expense (benefit) 4,901 701 (100 ) 5,502 Income tax expense (benefit) 889 179 (34 ) 1,034 Segment net income (loss) $ 4,012 $ 522 $ (66 ) $ 4,468 Segment assets $ 1,758,795 $ 3,697 $ 7,080 $ 1,769,572

STOCK COMPENSATION (Tables)

STOCK COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2020
Share-based Payment Arrangement [Abstract]
Summary of restricted stock activity	A summary of restricted stock activity for the three month period ended March 31, 2020 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at January 1, 2020 33,575 $ 43.24 Granted 255 39.35 Vested (2,350 ) 41.52 Forfeited or cancelled (112 ) 44.72 Nonvested at March 31, 2020 31,368 $ 43.33

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Jan. 01, 2019
Property, Plant and Equipment [Line Items]
Operating lease right-of-use assets	$ 7,826		$ 8,001
Operating lease liabilities	7,919		$ 8,084
Provision for loan losses	3,050	$ 1,093
Accounting Standards Update 2016-02
Property, Plant and Equipment [Line Items]
Operating lease right-of-use assets				$ 8,600
Operating lease liabilities				$ 8,600
Commercial loan portfolio
Property, Plant and Equipment [Line Items]
Provision for loan losses	1,603	$ 1,289
COVID-19 | Commercial loan portfolio
Property, Plant and Equipment [Line Items]
Provision for loan losses	$ 199,400
Provision for loan losses, percent	22.30%

EARNING PER COMMON SHARE (Detai

EARNING PER COMMON SHARE (Details) - shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Earnings Per Share [Abstract]
Weighted average number of shares outstanding (in shares)	4,895,000	4,860,000
Dilutive common stock equivalents (in shares)	0	0

SECURITIES - Securities Availab

SECURITIES - Securities Available for Sale (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	$ 289,595,000		$ 282,256,000
Unrealized Gains	9,757,000		3,146,000
Unrealized Losses	277,000		1,312,000
Estimated Fair Value	299,075,000		284,090,000
Amortized Cost [Abstract]
Within one year	475,000
After one, but within five years	10,439,000
After five, but within ten years	29,271,000
After ten years	1,049,000
Total	41,234,000
Amortized Cost	289,595,000		282,256,000
Fair Value [Abstract]
Within one year	475,000
After one, but within five years	10,779,000
After five, but within ten years	30,541,000
After ten years	1,080,000
Total	42,875,000
Estimated Fair Value	299,075,000		284,090,000
Debt Securities, Available-for-sale, Realized Gain (Loss) [Abstract]
Proceeds form sale of securities resulting in gain (loss)	0	$ 0
Mortgage-backed securities, residential
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	227,180,000		225,029,000
Unrealized Gains	8,025,000		1,471,000
Unrealized Losses	206,000		1,266,000
Estimated Fair Value	234,999,000		225,234,000
Amortized Cost [Abstract]
Without single maturity date	227,180,000
Amortized Cost	227,180,000		225,029,000
Fair Value [Abstract]
Without single maturity date	234,999,000
Estimated Fair Value	234,999,000		225,234,000
Obligations of states and political subdivisions
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	40,984,000		41,265,000
Unrealized Gains	1,641,000		1,580,000
Unrealized Losses	0		0
Estimated Fair Value	42,625,000		42,845,000
Amortized Cost [Abstract]
Amortized Cost	40,984,000		41,265,000
Fair Value [Abstract]
Estimated Fair Value	42,625,000		42,845,000
Corporate bonds and notes
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	250,000		250,000
Unrealized Gains	0		0
Unrealized Losses	0		0
Estimated Fair Value	250,000		250,000
Amortized Cost [Abstract]
Amortized Cost	250,000		250,000
Fair Value [Abstract]
Estimated Fair Value	250,000		250,000
SBA loan pools
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	21,181,000		15,712,000
Unrealized Gains	91,000		95,000
Unrealized Losses	71,000		46,000
Estimated Fair Value	21,201,000		15,761,000
Amortized Cost [Abstract]
Without single maturity date	21,181,000
Amortized Cost	21,181,000		15,712,000
Fair Value [Abstract]
Without single maturity date	21,201,000
Estimated Fair Value	$ 21,201,000		$ 15,761,000

SECURITIES - Securities Held to

SECURITIES - Securities Held to Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Amortized cost and estimated fair value of securities held to maturity [Abstract]
Securities held to maturity	$ 3,001	$ 3,115
Unrecognized Gains	23	24
Unrecognized Losses	0	0
Securities held to maturity	3,024	3,139
Amortized Cost [Abstract]
Within one year	1,480
After one, but within five years	1,521
After five, but within ten years	0
After ten years	0
Total	3,001
Securities held to maturity	3,001	3,115
Fair Value [Abstract]
Within one year	1,484
After one, but within five years	1,540
After five, but within ten years	0
After ten years	0
Total	3,024
Securities held to maturity	3,024	3,139
Obligations of states and political subdivisions
Amortized cost and estimated fair value of securities held to maturity [Abstract]
Securities held to maturity	931	1,045
Unrecognized Gains	0	0
Unrecognized Losses	0	0
Securities held to maturity	931	1,045
Amortized Cost [Abstract]
Securities held to maturity	931	1,045
Fair Value [Abstract]
Securities held to maturity	931	1,045
Time deposits with other financial institutions
Amortized cost and estimated fair value of securities held to maturity [Abstract]
Securities held to maturity	2,070	2,070
Unrecognized Gains	23	24
Unrecognized Losses	0	0
Securities held to maturity	2,093	2,094
Amortized Cost [Abstract]
Securities held to maturity	2,070	2,070
Fair Value [Abstract]
Securities held to maturity	2,093	$ 2,094
Mortgage-backed securities, residential
Amortized Cost [Abstract]
Without single maturity date	0
SBA loan pools
Amortized Cost [Abstract]
Without single maturity date	$ 0

SECURITIES - Narrative (Details

SECURITIES - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Proceeds form sale of securities resulting in gain (loss)	$ 0	$ 0

SECURITIES - Investment Securit

SECURITIES - Investment Securities Available for Sale in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Fair Value
Less than 12 months	$ 11,177	$ 74,520
12 months or longer	5,213	55,748
Total	16,390	130,268
Unrealized Losses
Less than 12 months	151	800
12 months or longer	126	512
Total	277	1,312
Mortgage-backed securities, residential
Fair Value
Less than 12 months	5,168	71,506
12 months or longer	3,875	54,343
Total	9,043	125,849
Unrealized Losses
Less than 12 months	114	791
12 months or longer	92	475
Total	206	1,266
SBA loan pools
Fair Value
Less than 12 months	6,009	3,014
12 months or longer	1,338	1,405
Total	7,347	4,419
Unrealized Losses
Less than 12 months	37	9
12 months or longer	34	37
Total	$ 71	$ 46

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN LOSSES - Loan Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	$ 1,320,461	$ 1,309,219
Interest receivable on loans	3,759	3,684
Total recorded investment in loans	1,324,220	1,312,903
Commercial and Agricultural
Composition of loan portfolio [Abstract]
Total recorded investment in loans	236,650	230,922
Commercial Mortgages
Composition of loan portfolio [Abstract]
Total recorded investment in loans	661,661	650,570
Commercial Mortgages | Construction
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	40,957	43,962
Total recorded investment in loans	41,073	44,082
Commercial Mortgages | Commercial mortgages
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	618,831	604,832
Total recorded investment in loans	620,588	606,488
Residential mortgages
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	192,722	188,338
Total recorded investment in loans	193,269	188,874
Consumer Loans
Composition of loan portfolio [Abstract]
Total recorded investment in loans	232,640	242,537
Consumer Loans | Credit cards
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	0	0
Total recorded investment in loans		0
Consumer Loans | Home equity lines and loans
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	88,149	91,784
Total recorded investment in loans	88,421	92,065
Consumer Loans | Indirect consumer loans
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	129,473	134,973
Total recorded investment in loans	129,809	135,366
Consumer Loans | Direct consumer loans
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	14,350	15,038
Total recorded investment in loans	14,410	15,106
Commercial and industrial | Commercial and Agricultural
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	235,690	230,018
Total recorded investment in loans	236,360	230,648
Agricultural | Commercial and Agricultural
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	289	274
Total recorded investment in loans	$ 290	$ 274

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN LOSSES - Allowances (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Mar. 31, 2020	Dec. 31, 2019
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	$ 23,478	$ 18,944	$ 18,944
Charge-offs	(433)	(448)
Recoveries	140	156
Net recoveries (charge-offs)	(294)	(292)
Provision	3,050	1,093
Ending balance	26,233	19,745	23,478
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment				$ 7,909	$ 8,097
Collectively evaluated for impairment				18,324	15,381
Total ending allowance balance	26,233	19,745	23,478	26,233	23,478
Loans [Abstract]
Loans individually evaluated for impairment				15,097	15,665
Loans collectively evaluated for impairment				1,309,123	1,297,238
Total recorded investment in loans				1,324,220	1,312,903
Commercial and Agricultural
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	10,227	5,383	5,383
Charge-offs	(30)	(7)
Recoveries	4	11
Net recoveries (charge-offs)	(26)	4
Provision	990	42
Ending balance	11,191	5,429	10,227
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment				5,851	6,000
Collectively evaluated for impairment				5,340	4,227
Total ending allowance balance	11,191	5,429	10,227	11,191	10,227
Loans [Abstract]
Loans individually evaluated for impairment				5,952	6,147
Loans collectively evaluated for impairment				230,698	224,775
Total recorded investment in loans				236,650	230,922
Commercial Mortgages
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	8,869	8,184	8,184
Charge-offs	0	0
Recoveries	1	1
Net recoveries (charge-offs)	0	1
Provision	1,603	1,289
Ending balance	10,472	9,474	8,869
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment				2,058	2,097
Collectively evaluated for impairment				8,414	6,772
Total ending allowance balance	10,472	9,474	8,869	10,472	8,869
Loans [Abstract]
Loans individually evaluated for impairment				8,478	8,844
Loans collectively evaluated for impairment				653,183	641,726
Total recorded investment in loans				661,661	650,570
Residential mortgages
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	1,252	1,226	1,226
Charge-offs	0	(2)
Recoveries	0	0
Net recoveries (charge-offs)	0	(2)
Provision	169	(9)
Ending balance	1,421	1,215	1,252
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment				0	0
Collectively evaluated for impairment				1,421	1,252
Total ending allowance balance	1,421	1,215	1,252	1,421	1,252
Loans [Abstract]
Loans individually evaluated for impairment				518	525
Loans collectively evaluated for impairment				192,751	188,349
Total recorded investment in loans				193,269	188,874
Consumer Loans
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	3,130	4,151	4,151
Charge-offs	(403)	(439)
Recoveries	135	144
Net recoveries (charge-offs)	(268)	(295)
Provision	288	(229)
Ending balance	3,149	3,627	3,130
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment				0	0
Collectively evaluated for impairment				3,149	3,130
Total ending allowance balance	$ 3,149	$ 3,627	$ 3,130	3,149	3,130
Loans [Abstract]
Loans individually evaluated for impairment				149	149
Loans collectively evaluated for impairment				232,491	242,388
Total recorded investment in loans				$ 232,640	$ 242,537

LOANS AND ALLOWANCE FOR LOAN _5

LOANS AND ALLOWANCE FOR LOAN LOSSES - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Unpaid Principal Balance [Abstract]
Unpaid principal balance, total	$ 15,143		$ 15,712
Recorded Investment [Abstract]
Recorded investment, total	15,097		15,665
Allowance for loan losses allocated	7,909		8,097
Average Recorded Investment [Abstract]
Average recorded investment, total	15,381	$ 10,353
Interest Income, Accrual Method [Abstract]
Interest income, accrual method, total	9	11
Commercial Mortgages | Construction
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	231		247
Recorded Investment [Abstract]
With no related allowance, recorded investment	232		247
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	239	301
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	2	2
Commercial Mortgages | Commercial mortgages, other
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	3,219		3,501
With related allowance, Unpaid Principal Balance	5,025		5,093
Recorded Investment [Abstract]
With no related allowance, recorded investment	3,220		3,503
With related allowance, recorded investment	5,026		5,094
Allowance for loan losses allocated	2,058		2,097
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	3,362	3,889
With related allowance, average recorded investment	5,060	3,523
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	0	5
With related allowance, interest income, accrual method	0	0
Residential mortgages
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	547		554
Recorded Investment [Abstract]
With no related allowance, recorded investment	518		525
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	521	397
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	5	2
Consumer Loans | Home equity lines and loans
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	171		171
Recorded Investment [Abstract]
With no related allowance, recorded investment	149		149
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	149	111
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	2	1
Commercial and industrial | Commercial and agricultural
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	105		133
With related allowance, Unpaid Principal Balance	5,845		6,013
Recorded Investment [Abstract]
With no related allowance, recorded investment	106		133
With related allowance, recorded investment	5,846		6,014
Allowance for loan losses allocated	5,851		$ 6,000
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	120	325
With related allowance, average recorded investment	5,930	1,807
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	0	1
With related allowance, interest income, accrual method	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN LOSSES - Receivables Past Due (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Non-accrual	$ 17,948	$ 18,008
Loans Past Due 90 Days or More and Still Accruing	8	7
Aging of the recorded investment in loans past due [Abstract]
Past Due	17,065	14,370
Loans Not Past Due	1,307,155	1,298,533
Total recorded investment in loans	1,324,220	1,312,903
30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	5,615	4,672
60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	3,281	1,668
90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	8,169	8,029
Commercial and agricultural
Aging of the recorded investment in loans past due [Abstract]
Total recorded investment in loans	236,650	230,922
Commercial Mortgages
Aging of the recorded investment in loans past due [Abstract]
Total recorded investment in loans	661,661	650,570
Commercial Mortgages | Construction
Financing Receivable, Past Due [Line Items]
Non-accrual	73	80
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Loans Not Past Due	41,073	44,082
Total recorded investment in loans	41,073	44,082
Commercial Mortgages | Construction | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Commercial Mortgages | Construction | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Commercial Mortgages | Construction | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Commercial Mortgages | Commercial mortgages
Financing Receivable, Past Due [Line Items]
Non-accrual	8,247	8,407
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	5,893	2,883
Loans Not Past Due	614,695	603,605
Total recorded investment in loans	620,588	606,488
Commercial Mortgages | Commercial mortgages | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	2,385	440
Commercial Mortgages | Commercial mortgages | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,211	277
Commercial Mortgages | Commercial mortgages | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	2,297	2,165
Residential mortgages
Financing Receivable, Past Due [Line Items]
Non-accrual	2,265	2,155
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	2,849	2,775
Loans Not Past Due	190,420	186,099
Total recorded investment in loans	193,269	188,874
Residential mortgages | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,432	1,016
Residential mortgages | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	286	804
Residential mortgages | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,131	956
Consumer Loans
Aging of the recorded investment in loans past due [Abstract]
Total recorded investment in loans	232,640	242,537
Consumer Loans | Credit cards
Financing Receivable, Past Due [Line Items]
Non-accrual	0	0
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due		0
Loans Not Past Due		0
Total recorded investment in loans		0
Consumer Loans | Credit cards | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due		0
Consumer Loans | Credit cards | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due		0
Consumer Loans | Credit cards | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due		0
Consumer Loans | Home equity lines and loans
Financing Receivable, Past Due [Line Items]
Non-accrual	638	641
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	637	653
Loans Not Past Due	87,784	91,412
Total recorded investment in loans	88,421	92,065
Consumer Loans | Home equity lines and loans | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	368	353
Consumer Loans | Home equity lines and loans | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	174	151
Consumer Loans | Home equity lines and loans | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	95	149
Consumer Loans | Indirect consumer loans
Financing Receivable, Past Due [Line Items]
Non-accrual	767	571
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,642	2,278
Loans Not Past Due	128,167	133,088
Total recorded investment in loans	129,809	135,366
Consumer Loans | Indirect consumer loans | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,050	1,546
Consumer Loans | Indirect consumer loans | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	216	377
Consumer Loans | Indirect consumer loans | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	376	355
Consumer Loans | Direct consumer loans
Financing Receivable, Past Due [Line Items]
Non-accrual	7	7
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	60	49
Loans Not Past Due	14,350	15,057
Total recorded investment in loans	14,410	15,106
Consumer Loans | Direct consumer loans | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	33	32
Consumer Loans | Direct consumer loans | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	21	10
Consumer Loans | Direct consumer loans | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	6	6
Commercial and industrial | Commercial and agricultural
Financing Receivable, Past Due [Line Items]
Non-accrual	5,951	6,147
Loans Past Due 90 Days or More and Still Accruing	8	7
Aging of the recorded investment in loans past due [Abstract]
Past Due	5,984	5,732
Loans Not Past Due	230,376	224,916
Total recorded investment in loans	236,360	230,648
Commercial and industrial | Commercial and agricultural | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	347	1,285
Commercial and industrial | Commercial and agricultural | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,373	49
Commercial and industrial | Commercial and agricultural | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	4,264	4,398
Agricultural | Commercial and agricultural
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Loans Not Past Due	290	274
Total recorded investment in loans	290	274
Agricultural | Commercial and agricultural | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Agricultural | Commercial and agricultural | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Agricultural | Commercial and agricultural | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN _7

LOANS AND ALLOWANCE FOR LOAN LOSSES - Troubled Debt Restructuring (Details)	3 Months Ended
	Mar. 31, 2020USD ($)loancontract	Mar. 31, 2019USD ($)loancontract	Dec. 31, 2019USD ($)
Troubled Debt Restructurings [Abstract]
Recorded investment in troubled debt restructurings	$ 8,700,000		$ 9,000,000
Troubled debt restructuring reserve	2,300,000		2,300,000
Troubled debt restructurings accruing interest under modified terms	800,000		900,000
Troubled debt restructurings on non-accrual status	7,900,000		8,100,000
Additional amounts committed to customers with loans classified as troubled debt restructurings	0		$ 0
TDR charge-offs	$ 0	$ 0
Number of loans | contract	0	0
Loans by class modified as troubled debt restructurings [Abstract]
Number of loans | loan		1
Pre-modification outstanding recorded investment		$ 137,000
Post-modification outstanding recorded investment		$ 137,000
Commercial and Consumer Loans
Loans by class modified as troubled debt restructurings [Abstract]
Number of loans | loan	444
Post-modification outstanding recorded investment	$ 56,600,000
Consumer Loans | Home equity lines and loans
Loans by class modified as troubled debt restructurings [Abstract]
Number of loans | loan		1
Pre-modification outstanding recorded investment		$ 137,000
Post-modification outstanding recorded investment		$ 137,000
Interest Rate Below Market Reduction | Consumer Loans | Home equity lines and loans
Loans by class modified as troubled debt restructurings [Abstract]
Number of loans | loan		1
Principal Forgiveness
Troubled Debt Restructurings [Abstract]
Extension period		3 years

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN LOSSES - Credit Quality Indicator (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Finance receivable by credit quality indicator [Abstract]
Loans	$ 1,324,220	$ 1,312,903
Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	422,232	428,037
Pass
Finance receivable by credit quality indicator [Abstract]
Loans	845,956	826,396
Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	17,733	18,534
Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	28,163	29,701
Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	10,136	10,235
Commercial and agricultural
Finance receivable by credit quality indicator [Abstract]
Loans	236,650	230,922
Commercial Mortgages
Finance receivable by credit quality indicator [Abstract]
Loans	661,661	650,570
Commercial Mortgages | Construction
Finance receivable by credit quality indicator [Abstract]
Loans	41,073	44,082
Commercial Mortgages | Construction | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Commercial Mortgages | Construction | Pass
Finance receivable by credit quality indicator [Abstract]
Loans	37,123	40,304
Commercial Mortgages | Construction | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	398	168
Commercial Mortgages | Construction | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	3,552	3,610
Commercial Mortgages | Construction | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Commercial Mortgages | Commercial mortgages
Finance receivable by credit quality indicator [Abstract]
Loans	620,588	606,488
Commercial Mortgages | Commercial mortgages | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Commercial Mortgages | Commercial mortgages | Pass
Finance receivable by credit quality indicator [Abstract]
Loans	593,742	577,266
Commercial Mortgages | Commercial mortgages | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	11,483	12,451
Commercial Mortgages | Commercial mortgages | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	11,008	12,356
Commercial Mortgages | Commercial mortgages | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	4,355	4,415
Residential mortgages
Finance receivable by credit quality indicator [Abstract]
Loans	193,269	188,874
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	193,269	188,874
Residential mortgages | Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	191,004	186,719
Residential mortgages | Non-Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	2,265	2,155
Residential mortgages | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	191,004	186,719
Residential mortgages | Pass
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Residential mortgages | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Residential mortgages | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	2,265	2,155
Residential mortgages | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Consumer Loans
Finance receivable by credit quality indicator [Abstract]
Loans	232,640	242,537
Consumer Loans | Credit cards
Finance receivable by credit quality indicator [Abstract]
Loans		0
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	0	0
Consumer Loans | Credit cards | Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	0	0
Consumer Loans | Credit cards | Non-Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	0	0
Consumer Loans | Credit cards | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans		0
Consumer Loans | Credit cards | Pass
Finance receivable by credit quality indicator [Abstract]
Loans		0
Consumer Loans | Credit cards | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans		0
Consumer Loans | Credit cards | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans		0
Consumer Loans | Credit cards | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans		0
Consumer Loans | Home equity lines and loans
Finance receivable by credit quality indicator [Abstract]
Loans	88,421	92,065
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	88,421	92,065
Consumer Loans | Home equity lines and loans | Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	87,783	91,424
Consumer Loans | Home equity lines and loans | Non-Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	638	641
Consumer Loans | Home equity lines and loans | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	87,783	91,424
Consumer Loans | Home equity lines and loans | Pass
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Consumer Loans | Home equity lines and loans | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Consumer Loans | Home equity lines and loans | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	638	641
Consumer Loans | Home equity lines and loans | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Consumer Loans | Indirect consumer loans
Finance receivable by credit quality indicator [Abstract]
Loans	129,809	135,366
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	129,809	135,366
Consumer Loans | Indirect consumer loans | Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	129,042	134,795
Consumer Loans | Indirect consumer loans | Non-Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	767	571
Consumer Loans | Indirect consumer loans | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	129,042	134,795
Consumer Loans | Indirect consumer loans | Pass
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Consumer Loans | Indirect consumer loans | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Consumer Loans | Indirect consumer loans | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	767	571
Consumer Loans | Indirect consumer loans | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Consumer Loans | Direct consumer loans
Finance receivable by credit quality indicator [Abstract]
Loans	14,410	15,106
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	14,410	15,106
Consumer Loans | Direct consumer loans | Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	14,403	15,099
Consumer Loans | Direct consumer loans | Non-Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	7	7
Consumer Loans | Direct consumer loans | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	14,403	15,099
Consumer Loans | Direct consumer loans | Pass
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Consumer Loans | Direct consumer loans | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Consumer Loans | Direct consumer loans | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	7	7
Consumer Loans | Direct consumer loans | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Commercial and industrial | Commercial and agricultural
Finance receivable by credit quality indicator [Abstract]
Loans	236,360	230,648
Commercial and industrial | Commercial and agricultural | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Commercial and industrial | Commercial and agricultural | Pass
Finance receivable by credit quality indicator [Abstract]
Loans	214,801	208,552
Commercial and industrial | Commercial and agricultural | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	5,852	5,915
Commercial and industrial | Commercial and agricultural | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	9,926	10,361
Commercial and industrial | Commercial and agricultural | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	5,781	5,820
Agricultural | Commercial and agricultural
Finance receivable by credit quality indicator [Abstract]
Loans	290	274
Agricultural | Commercial and agricultural | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Agricultural | Commercial and agricultural | Pass
Finance receivable by credit quality indicator [Abstract]
Loans	290	274
Agricultural | Commercial and agricultural | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Agricultural | Commercial and agricultural | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	0	0
Agricultural | Commercial and agricultural | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	$ 0	$ 0

FAIR VALUE (Details)

FAIR VALUE (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Financial Assets:
Estimated Fair Value	$ 299,075,000		$ 284,090,000
Impaired Loans, Fair Value Disclosure [Abstract]
Level 2 to level 1 transfer amount	0	$ 0
Total Gains (Losses)	(3,050,000)	(1,093,000)
Recurring
Financial Assets:
Mortgage-backed securities, residential	234,999,000		225,234,000
Obligations of states and political subdivisions	42,625,000		42,845,000
Corporate bonds and notes	250,000		250,000
SBA loan pools	21,201,000		15,761,000
Estimated Fair Value	299,075,000		284,090,000
Equity investments	1,274,000		1,442,000
Derivative Asset	16,343,000		6,466,000
Financial Liabilities:
Derivative Liabilities	16,773,000		6,831,000
Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	1,554,000		1,554,000
Total Gains (Losses)	(1,429,000)		(1,597,000)
Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	380,000		517,000
Total Gains (Losses)	0		(12,000)
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring
Financial Assets:
Mortgage-backed securities, residential	0		0
Obligations of states and political subdivisions	0		0
Corporate bonds and notes	0		0
SBA loan pools	0		0
Estimated Fair Value	0		0
Equity investments	1,274,000		1,442,000
Derivative Asset	0		0
Financial Liabilities:
Derivative Liabilities	0		0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0		0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0		0
Significant Other Observable Inputs (Level 2) | Recurring
Financial Assets:
Mortgage-backed securities, residential	234,999,000		225,234,000
Obligations of states and political subdivisions	42,625,000		42,845,000
Corporate bonds and notes	250,000		250,000
SBA loan pools	21,201,000		15,761,000
Estimated Fair Value	299,075,000		284,090,000
Equity investments	0		0
Derivative Asset	16,343,000		6,466,000
Financial Liabilities:
Derivative Liabilities	16,343,000		6,466,000
Significant Other Observable Inputs (Level 2) | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0		0
Significant Other Observable Inputs (Level 2) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0		0
Significant Unobservable Inputs (Level 3) | Recurring
Financial Assets:
Mortgage-backed securities, residential	0		0
Obligations of states and political subdivisions	0		0
Corporate bonds and notes	0		0
SBA loan pools	0		0
Estimated Fair Value	0		0
Equity investments	0		0
Derivative Asset	0		0
Financial Liabilities:
Derivative Liabilities	430,000		365,000
Significant Unobservable Inputs (Level 3) | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	1,554,000		1,554,000
Significant Unobservable Inputs (Level 3) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	380,000		517,000
Commercial mortgages, other | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	111,000		111,000
Total Gains (Losses)	0		0
Commercial mortgages, other | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0		0
Commercial mortgages, other | Significant Other Observable Inputs (Level 2) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0		0
Commercial mortgages, other | Significant Unobservable Inputs (Level 3) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	111,000		111,000
Home equity lines and loans | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net			122,000
Total Gains (Losses)			0
Home equity lines and loans | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net			0
Home equity lines and loans | Significant Other Observable Inputs (Level 2) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net			0
Home equity lines and loans | Significant Unobservable Inputs (Level 3) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net			122,000
Commercial Mortgages
Impaired Loans, Fair Value Disclosure [Abstract]
Total Gains (Losses)	(1,603,000)	(1,289,000)
Commercial Mortgages | Commercial mortgages | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	1,554,000		1,554,000
Total Gains (Losses)	(1,429,000)		(1,597,000)
Commercial Mortgages | Commercial mortgages | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0		0
Commercial Mortgages | Commercial mortgages | Significant Other Observable Inputs (Level 2) | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0		0
Commercial Mortgages | Commercial mortgages | Significant Unobservable Inputs (Level 3) | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	1,554,000		1,554,000
Residential mortgages
Impaired Loans, Fair Value Disclosure [Abstract]
Total Gains (Losses)	(169,000)	9,000
Residential mortgages | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	178,000		284,000
Total Gains (Losses)	0		(12,000)
Residential mortgages | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0		0
Residential mortgages | Significant Other Observable Inputs (Level 2) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0		0
Residential mortgages | Significant Unobservable Inputs (Level 3) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	178,000		$ 284,000
Consumer Loans
Impaired Loans, Fair Value Disclosure [Abstract]
Total Gains (Losses)	(288,000)	$ 229,000
Consumer Loans | Home equity lines and loans | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	91,000
Total Gains (Losses)	0
Consumer Loans | Home equity lines and loans | Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0
Consumer Loans | Home equity lines and loans | Significant Other Observable Inputs (Level 2) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0
Consumer Loans | Home equity lines and loans | Significant Unobservable Inputs (Level 3) | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	$ 91,000

FAIR VALUE - Unobservable Input

FAIR VALUE - Unobservable Inputs (Details) - Derivative Liabilities - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Derivative Liabilities
Balance of recurring Level 3 assets at beginning of period	$ (365)	$ (140)
Derivative instruments entered into	(9)	(24)
Included in earnings - other non-interest income	(56)	(66)
Included in other comprehensive income	0	0
Transfers out of Level 3	0	0
Balance of recurring Level 3 assets at end of period	$ (430)	$ (230)

FAIR VALUE - Quantitative Infor

FAIR VALUE - Quantitative Information (Details) - Significant Unobservable Inputs (Level 3) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Impaired Loans: | Non-recurring
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 1,554	$ 1,554
Other real estate owned: | Non-recurring
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 380	$ 517
Commercial and Industrial | Other real estate owned: | Non-recurring | Sales comparison | Minimum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	20.80%	20.80%
Commercial and Industrial | Other real estate owned: | Non-recurring | Sales comparison | Maximum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	20.80%	20.80%
Commercial and Industrial | Other real estate owned: | Non-recurring | Sales comparison | Weighted Average
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	20.80%	20.80%
Commercial mortgages, other | Impaired Loans: | Non-recurring | Sales comparison
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 1,554	$ 1,554
Commercial mortgages, other | Impaired Loans: | Non-recurring | Sales comparison | Minimum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	10.31%	10.00%
Commercial mortgages, other | Impaired Loans: | Non-recurring | Sales comparison | Maximum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	10.31%	10.00%
Commercial mortgages, other | Impaired Loans: | Non-recurring | Sales comparison | Weighted Average
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	10.31%	10.00%
Commercial mortgages, other | Other real estate owned: | Non-recurring | Sales comparison
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 111	$ 111
Residential mortgages | Other real estate owned: | Non-recurring | Minimum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	0.00%	20.80%
Residential mortgages | Other real estate owned: | Non-recurring | Maximum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	0.00%	35.29%
Residential mortgages | Other real estate owned: | Non-recurring | Weighted Average
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	0.00%	24.09%
Residential mortgages | Other real estate owned: | Non-recurring | Sales comparison
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 178	$ 284
Home equity lines and loans | Other real estate owned: | Non-recurring | Sales comparison
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 91	$ 122
Home equity lines and loans | Other real estate owned: | Non-recurring | Sales comparison | Minimum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	27.49%	20.80%
Home equity lines and loans | Other real estate owned: | Non-recurring | Sales comparison | Maximum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	27.49%	20.80%
Home equity lines and loans | Other real estate owned: | Non-recurring | Sales comparison | Weighted Average
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount to appraised value	27.49%	20.80%
Derivative Liabilities | Recurring | Historical trend
Information related to Level 3 non-recurring fair value measurement [Abstract]
Liabilities, fair value disclosure	$ 430	$ 365
Derivative Liabilities | Recurring | Historical trend | Minimum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Credit default rate	12.86%	7.30%
Derivative Liabilities | Recurring | Historical trend | Maximum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Credit default rate	20.75%	7.30%
Derivative Liabilities | Recurring | Historical trend | Weighted Average
Information related to Level 3 non-recurring fair value measurement [Abstract]
Credit default rate	13.82%	7.30%

FAIR VALUE - Carrying Amounts a

FAIR VALUE - Carrying Amounts and Estimated Fair Values of Other Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financial assets:
Cash and due from financial institutions	$ 27,522	$ 25,203
Interest-earning deposits in other financial institutions	116,936	96,701
Securities available for sale	299,075	284,090
Securities held to maturity	3,024	3,139
Accrued interest receivable	3,759	3,684
Recurring
Financial assets:
Securities available for sale	299,075	284,090
Derivative Asset	16,343	6,466
Financial liabilities:
Derivative Liabilities	16,773	6,831
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Cash and due from financial institutions	27,522	25,203
Interest-earning deposits in other financial institutions	116,936	96,701
Equity investments	1,999	2,174
Securities available for sale	0	0
Securities held to maturity	0	0
FHLBNY and FRBNY stock	0	0
Loans, net and loans held for sale	0	0
Accrued interest receivable	39	63
Derivative Asset	0	0
Financial liabilities:
Demand, savings, and insured money market accounts	1,441,841	1,410,962
Time deposits	0	0
Accrued interest payable	11	27
Derivative Liabilities	0	0
Recurring | Significant Other Observable Inputs (Level 2)
Financial assets:
Cash and due from financial institutions	0	0
Interest-earning deposits in other financial institutions	0	0
Equity investments	0	0
Securities available for sale	299,075	284,090
Securities held to maturity	2,093	2,094
FHLBNY and FRBNY stock	0	0
Loans, net and loans held for sale	0	0
Accrued interest receivable	988	885
Derivative Asset	16,343	6,466
Financial liabilities:
Demand, savings, and insured money market accounts	0	0
Time deposits	170	163,761
Accrued interest payable	282	272
Derivative Liabilities	16,343	6,466
Recurring | Significant Unobservable Inputs (Level 3)
Financial assets:
Cash and due from financial institutions	0	0
Interest-earning deposits in other financial institutions	0	0
Equity investments	0	0
Securities available for sale	0	0
Securities held to maturity	931	1,045
FHLBNY and FRBNY stock	0	0
Loans, net and loans held for sale	1,298	1,285,215
Accrued interest receivable	3,759	3,685
Derivative Asset	0	0
Financial liabilities:
Demand, savings, and insured money market accounts	0	0
Time deposits	0	0
Accrued interest payable	0	0
Derivative Liabilities	430	365
Recurring | Carrying Amount
Financial assets:
Cash and due from financial institutions	27,522	25,203
Interest-earning deposits in other financial institutions	116,936	96,701
Equity investments	1,999	2,174
Securities available for sale		284,090
Securities held to maturity	3,001	3,115
FHLBNY and FRBNY stock	3,099	3,099
Loans, net and loans held for sale	1,295,029	1,286,926
Accrued interest receivable	4,786	4,633
Derivative Asset	16,343	6,466
Financial liabilities:
Demand, savings, and insured money market accounts	1,441,841	1,410,962
Time deposits	166,262	161,176
Accrued interest payable	293	299
Derivative Liabilities	16,773	6,831
Recurring | Estimated Fair Value
Financial assets:
Cash and due from financial institutions	27,522	25,203
Interest-earning deposits in other financial institutions	116,936	96,701
Equity investments	1,999	2,174
Securities available for sale		284,090
Securities held to maturity	3,024	3,139
Loans, net and loans held for sale	1,298	1,285,215
Accrued interest receivable	4,786	4,633
Derivative Asset	16,343	6,466
Financial liabilities:
Demand, savings, and insured money market accounts	1,441,841	1,410,962
Time deposits	170	163,761
Accrued interest payable	293	299
Derivative Liabilities	$ 16,773	$ 6,831

LEASES - Narrative (Details)

LEASES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Lessee, Lease, Description [Line Items]
Operating lease, weighted average remaining lease term	9 years 5 days
Operating lease, weighted average discount rate	3.27%
Operating lease, rent expense	$ 200
Finance lease, weighted average remaining lease term	12 years 9 months 19 days
Finance lease, weighted average discount rate	3.35%
Director
Lessee, Lease, Description [Line Items]
Operating lease, rent expense	$ 24	$ 24
1365 New Scotland Road, Slingerlands, New York | Director
Lessee, Lease, Description [Line Items]
Operating lease, rent expense	12	$ 12
Operating lease, monthly rent expense	$ 4
2 Rush Street, Schenectady, New York | Director
Lessee, Lease, Description [Line Items]
Operating lease, monthly rent expense			$ 8

LEASES - Leased Branch Properti

LEASES - Leased Branch Properties (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease right-of-use asset	$ 8,713	$ 8,713
Less: accumulated amortization	(887)	(712)
Operating lease right-of-use-assets, net	$ 7,826	$ 8,001

- Maturities of Operating Lease

- Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Leases [Abstract]
2020	$ 700
2021	930
2022	869
2023	889
2024	880
2025 and thereafter	5,347
Total minimum lease payments	9,615
Less: amount representing interest	(1,696)
Operating lease liabilities	$ 7,919	$ 8,084

- Premises and Equipment (Detai

- Premises and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Buildings	$ 5,572	$ 5,572
Less: accumulated depreciation	(1,625)	(1,541)
Net book value	$ 3,947	$ 4,031

LEASES - Future Minimum Lease P

LEASES - Future Minimum Lease Payment Obligations Under Capital Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Leases [Abstract]
2020	$ 284
2021	388
2022	391
2023	391
2024	391
2025 and thereafter	3,248
Total minimum lease payments	5,093
Less: amount representing interest	(1,065)
Present value of net minimum lease payments	$ 4,028	$ 4,085

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Goodwill [Roll Forward]
Beginning of year	$ 21,824	$ 21,824	$ 21,824
Acquired goodwill	0	0
Ending balance	21,824	21,824	21,824
Finite-lived intangible assets, net [Abstract]
Balance Acquired	11,608		11,608
Accumulated Amortization	10,998		10,866
Aggregate amortization expense	132	$ 163
Finite-lived intangible assets, future amortization expense [Abstract]
2020	352
2021	258
2022
2023	0
2024	0
Total	610
Core deposit intangibles
Finite-lived intangible assets, net [Abstract]
Balance Acquired	5,975		5,975
Accumulated Amortization	5,875		5,832
Other customer relationship intangibles
Finite-lived intangible assets, net [Abstract]
Balance Acquired	5,633		5,633
Accumulated Amortization	$ 5,123		$ 5,034

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	Apr. 23, 2020	Feb. 04, 2020	Mar. 31, 2020	Dec. 31, 2019
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Participating credit facility receivable, ownership interest, amount		$ 4,200,000
Participating credit facility receivable, amount		36,000,000
Loss contingency, damages sought		$ 4,200,000
Commitments to make loans | Fixed Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments			$ 22,930,000	$ 15,560,000
Commitments to make loans | Variable Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments			24,160,000	25,233,000
Unused lines of credit | Fixed Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments			2,213,000	1,062,000
Unused lines of credit | Variable Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments			234,343,000	229,137,000
Standby letters of credit | Fixed Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments			0	0
Standby letters of credit | Variable Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments			$ 16,022,000	$ 16,272,000
Subsequent Event
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Participating credit facility receivable, ownership interest, amount	$ 4,200,000
Participating credit facility receivable, amount	36,000,000
Proceeds from participation agreement	$ 461,309

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE LOSS - Summary of Changes in Accumulated Other Comprehensive Income or Loss by Component (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balances	$ 182,627	$ 165,029
Other comprehensive income before reclassification	5,696	2,556
Amounts reclassified from accumulated other comprehensive income	21	13
Total other comprehensive income	5,717	2,569
Ending balances	190,447	171,534
Total
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balances	(5,799)	(11,411)
Total other comprehensive income	5,717	2,569
Ending balances	(82)	(8,842)
Unrealized Gains and Losses on Securities Available for Sale
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balances	1,368	(4,646)
Other comprehensive income before reclassification	5,696	2,556
Amounts reclassified from accumulated other comprehensive income	0	0
Total other comprehensive income	5,696	2,556
Ending balances	7,064	(2,090)
Defined Benefit and Other Benefit Plans
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balances	(7,167)	(6,765)
Other comprehensive income before reclassification	0	0
Amounts reclassified from accumulated other comprehensive income	21	13
Total other comprehensive income	21	13
Ending balances	$ (7,146)	$ (6,752)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE LOSS - Details about Accumulated Other Comprehensive Income Components (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense (benefit)	$ 502	$ 1,034
Pension and other employee benefits	1,516	1,545
Net income	2,491	4,468
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income	21	13
Prior service costs | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Pension and other employee benefits	(55)	(55)
Actuarial losses | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Pension and other employee benefits	77	73
Defined Benefit and Other Benefit Plans | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense (benefit)	(1)	(5)
Net income	$ 21	$ 13

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS - Revenue By Operating Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	$ (29)	$ (83)
Net gains on sales of loans held for sale	75	48
Change in fair value of equity investments	(246)	89
Total non-interest income	4,730	4,925
Overdraft fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	805	888
Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	185	216
Interchange revenue from debit card transactions
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	925	1,031
WMG fee income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	2,229	2,276
CFS fee and commission income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	177	168
Net gains (losses) on sales of OREO
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	(29)	(83)
Net gains on sales of loans
Disaggregation of Revenue [Line Items]
Net gains on sales of loans held for sale	75	48
Loan servicing fees
Disaggregation of Revenue [Line Items]
Loan servicing fees	27	35
Sale of securities
Disaggregation of Revenue [Line Items]
Net gains on sales of securities	0	0
Other
Disaggregation of Revenue [Line Items]
Other	582	257
Core Banking
Disaggregation of Revenue [Line Items]
Change in fair value of equity investments	(167)	73
Total non-interest income	2,364	2,465
Core Banking | Overdraft fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	805	888
Core Banking | Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	185	216
Core Banking | Interchange revenue from debit card transactions
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	925	1,031
Core Banking | WMG fee income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
Core Banking | CFS fee and commission income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
Core Banking | Net gains (losses) on sales of OREO
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	(29)	(83)
Core Banking | Net gains on sales of loans
Disaggregation of Revenue [Line Items]
Net gains on sales of loans held for sale	75	48
Core Banking | Loan servicing fees
Disaggregation of Revenue [Line Items]
Loan servicing fees	27	35
Core Banking | Sale of securities
Disaggregation of Revenue [Line Items]
Net gains on sales of securities	0	0
Core Banking | Other
Disaggregation of Revenue [Line Items]
Other	543	257
WMG
Disaggregation of Revenue [Line Items]
Change in fair value of equity investments	0	0
Total non-interest income	2,229	2,276
WMG | Overdraft fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
WMG | Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
WMG | Interchange revenue from debit card transactions
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
WMG | WMG fee income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	2,229	2,276
WMG | CFS fee and commission income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
WMG | Net gains (losses) on sales of OREO
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	0	0
WMG | Net gains on sales of loans
Disaggregation of Revenue [Line Items]
Net gains on sales of loans held for sale	0	0
WMG | Loan servicing fees
Disaggregation of Revenue [Line Items]
Loan servicing fees	0	0
WMG | Sale of securities
Disaggregation of Revenue [Line Items]
Net gains on sales of securities	0	0
WMG | Other
Disaggregation of Revenue [Line Items]
Other	0	0
Holding Company, CFS, and CRM
Disaggregation of Revenue [Line Items]
Change in fair value of equity investments	(79)	16
Total non-interest income	137	184
Holding Company, CFS, and CRM | Overdraft fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
Holding Company, CFS, and CRM | Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
Holding Company, CFS, and CRM | Interchange revenue from debit card transactions
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
Holding Company, CFS, and CRM | WMG fee income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0
Holding Company, CFS, and CRM | CFS fee and commission income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	177	168
Holding Company, CFS, and CRM | Net gains (losses) on sales of OREO
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	0	0
Holding Company, CFS, and CRM | Net gains on sales of loans
Disaggregation of Revenue [Line Items]
Net gains on sales of loans held for sale	0	0
Holding Company, CFS, and CRM | Loan servicing fees
Disaggregation of Revenue [Line Items]
Loan servicing fees	0	0
Holding Company, CFS, and CRM | Sale of securities
Disaggregation of Revenue [Line Items]
Net gains on sales of securities	0	0
Holding Company, CFS, and CRM | Other
Disaggregation of Revenue [Line Items]
Other	$ 39	$ 0

COMPONENTS OF QUARTERLY AND Y_3

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Qualified Pension Plan
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost, benefits earned during the period	$ 0	$ 0
Interest cost on projected benefit obligation	322	379
Expected return on plan assets	(610)	(554)
Amortization of unrecognized transition obligation	0	0
Amortization of unrecognized prior service cost	0	0
Amortization of unrecognized net loss	49	49
Net periodic pension benefit	(239)	(126)
Supplemental Pension Plan
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost, benefits earned during the period	0	0
Interest cost on projected benefit obligation	10	13
Expected return on plan assets	0	0
Amortization of unrecognized prior service cost	0	0
Amortization of unrecognized net loss	3	1
Net periodic pension benefit	13	14
Postretirement Plan, Medical and Life
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost, benefits earned during the period	0	0
Interest cost on projected benefit obligation	2	3
Expected return on plan assets	0	0
Amortization of unrecognized prior service cost	(55)	(55)
Amortization of unrecognized net loss	25	23
Net periodic pension benefit	$ (28)	$ (29)

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)segment	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Segment Reporting Information [Line Items]
Number of primary business segments | segment	2
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	$ 16,384	$ 16,665
Interest expense	1,322	1,498
Net interest income	15,062	15,167
Provision for loan losses	3,050	1,093
Net interest income after provision for loan losses	12,012	14,074
Other non-interest income	4,730	4,925
Legal accruals and settlements		0
Other non-interest expenses	13,749	13,497
Income (loss) before income tax expense (benefit)	2,993	5,502
Income tax expense (benefit)	502	1,034
Net income	2,491	4,468
Segment assets	1,841,329	1,769,572	$ 1,787,827
Core Banking
Reportable segments and reconciliation to consolidated results [Abstract]
Other non-interest income	2,364	2,465
Operating Segments | Core Banking
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	16,367	16,652
Interest expense	1,322	1,498
Net interest income	15,045	15,154
Provision for loan losses	3,050	1,093
Net interest income after provision for loan losses	11,995	14,061
Other non-interest income	2,364	2,465
Legal accruals and settlements		0
Other non-interest expenses	11,882	11,625
Income (loss) before income tax expense (benefit)	2,477	4,901
Income tax expense (benefit)	390	889
Net income	2,087	4,012
Segment assets	1,833,135	1,758,795
Operating Segments | WMG
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	0	0
Interest expense	0	0
Net interest income	0	0
Provision for loan losses	0	0
Net interest income after provision for loan losses	0	0
Other non-interest income	2,229	2,276
Legal accruals and settlements		0
Other non-interest expenses	1,602	1,575
Income (loss) before income tax expense (benefit)	627	701
Income tax expense (benefit)	161	179
Net income	466	522
Segment assets	3,281	3,697
Intersegment Eliminations
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	17	13
Interest expense	0	0
Net interest income	17	13
Provision for loan losses	0	0
Net interest income after provision for loan losses	17	13
Other non-interest income	137	184
Legal accruals and settlements		0
Other non-interest expenses	265	297
Income (loss) before income tax expense (benefit)	(111)	(100)
Income tax expense (benefit)	(49)	(34)
Net income	(62)	(66)
Segment assets	$ 4,913	$ 7,080

STOCK COMPENSATION (Details)

STOCK COMPENSATION (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		3 Months Ended
	Jan. 31, 2020	Jan. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Restricted Stock
Shares [Roll Forward]
Nonvested, Beginning Balance (in shares)	33,575		33,575
Granted (in shares)			255
Vested (in shares)			(2,350)
Forfeited or cancelled (in shares)			(112)
Nonvested, Ending Balance (in shares)			31,368
Weighted-Average Grant Date Fair Value [Roll Forward]
Nonvested, Beginning Balance (in dollars per share)	$ 43.24		$ 43.24
Granted (in dollars per share)			39.35
Vested (in dollars per share)			41.52
Forfeitures or cancelled (in dollars per share)			44.72
Nonvested, Ending Balance (in dollars per share)			$ 43.33
Total unrecognized compensation cost related to nonvested shares granted under the Plan			$ 1,200
Weighted-average period for recognition			3 years 4 months 17 days
Total fair value of shares vested			$ 97	$ 32
President and Chief Executive Officer
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Service period for comparable group used to determine share based payment awards			12 months
Directors and President and Chief Executive Officer
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Number of treasury shares reissued to fund stock compensation (in shares)	7,923	8,465
Expenses related to stock based compensation recognized			$ 89	$ 93

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - USD ($)	Apr. 23, 2020	Feb. 04, 2020
Subsequent Event [Line Items]
Participating credit facility receivable, ownership interest, amount		$ 4,200,000
Participating credit facility receivable, amount		$ 36,000,000
Subsequent Event
Subsequent Event [Line Items]
Proceeds from participation agreement	$ 461,309
Participating credit facility receivable, ownership interest, amount	4,200,000
Participating credit facility receivable, amount	$ 36,000,000