Chemung Financial (CHMG) 10-Q 6 Aug 20 2020 Q2 Quarterly report Financial data

COVER

COVER - shares	6 Months Ended
	Jun. 30, 2020	Jul. 29, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	000-13888
Entity Registrant Name	CHEMUNG FINANCIAL CORP
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	16-1237038
Entity Address, Address Line One	One Chemung Canal Plaza
Entity Address, City or Town	Elmira
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14901
City Area Code	607
Local Phone Number	737-3711
Title of 12(b) Security	Common stock, par value $.01 per share
Trading Symbol	CHMG
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,780,008
Entity Central Index Key	0000763563
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and due from financial institutions	$ 28,689	$ 25,203
Interest-earning deposits in other financial institutions	126,473	96,701
Total cash and cash equivalents	155,162	121,904
Equity investments, at estimated fair value	2,169	2,174
Securities available for sale, at estimated fair value	317,061	284,090
Securities held to maturity	3,597	3,115
FHLBNY and FRBNY Stock, at cost	3,150	3,099
Loans, net of deferred loan fees	1,497,998	1,309,219
Allowance for loan losses	(24,130)	(23,478)
Loans, net	1,473,868	1,285,741
Loans held for sale	1,491	1,185
Premises and equipment, net	21,395	22,417
Operating lease right-of-use assets	7,650	8,001
Goodwill	21,824	21,824
Other intangible assets, net	491	742
Bank-owned life insurance	3,031	3,111
Accrued interest receivable and other assets	40,032	30,424
Total assets	2,050,921	1,787,827
Deposits:
Non-interest-bearing	616,736	468,238
Interest-bearing	1,194,520	1,103,900
Total deposits	1,811,256	1,572,138
Long term finance lease obligation	3,969	4,085
Operating lease liabilities	7,752	8,084
Dividends payable	1,247	1,263
Accrued interest payable and other liabilities	32,108	19,630
Total liabilities	1,856,332	1,605,200
Shareholders' equity:
Common stock, value outstanding	53	53
Additional paid-in capital	46,758	46,382
Retained earnings	159,505	153,701
Treasury stock, value	(13,869)	(11,710)
Accumulated other comprehensive income (loss)	2,142	(5,799)
Total shareholders' equity	194,589	182,627
Total liabilities and shareholders' equity	$ 2,050,921	$ 1,787,827

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest and dividend income:
Loans, including fees	$ 14,666	$ 14,570	$ 28,894	$ 29,059
Taxable securities	1,397	1,281	2,884	2,476
Tax exempt securities	265	306	536	579
Interest-earning deposits	144	525	542	1,233
Total interest and dividend income	16,472	16,682	32,856	33,347
Interest expense:
Deposits	827	1,544	2,113	3,005
Borrowed funds	54	37	90	74
Total interest expense	881	1,581	2,203	3,079
Net interest income	15,591	15,101	30,653	30,268
Provision for loan losses	260	150	3,310	1,243
Net interest income after provision for loan losses	15,331	14,951	27,343	29,025
Non-interest income:
Net gains on security transactions	0	19	0	19
Changes in fair value of equity investments	156	27	(90)	116
Net gains on sales of loans held for sale	288	29	363	77
Net gains (losses) on sales of other real estate owned	(48)	(3)	(77)	(86)
Income from bank-owned life insurance	14	16	133	31
Other	801	365	1,468	810
Other non-interest income	5,080	5,086	9,810	10,011
Non-interest expenses:
Salaries and wages	5,822	5,780	11,590	11,501
Pension and other employee benefits	1,334	1,473	2,850	3,018
Other components of net periodic pension and postretirement benefits	(243)	(141)	(508)	(282)
Net occupancy	1,430	1,478	2,952	3,045
Furniture and equipment	560	595	1,035	1,123
Data processing	1,939	1,873	3,853	3,600
Professional services	531	418	860	823
Amortization of intangible assets	119	151	251	314
Marketing and advertising	82	145	406	413
Other real estate owned	5	40	34	71
FDIC insurance	229	221	479	486
Loan expense	187	190	497	386
Other	1,232	1,600	2,677	2,822
Total non-interest expenses	13,227	13,823	26,976	27,320
Income before income tax expense	7,184	6,214	10,177	11,716
Income tax expense	1,357	1,233	1,859	2,267
Net income	$ 5,827	$ 4,981	$ 8,318	$ 9,449
Weighted average shares outstanding (in shares)	4,850	4,866	4,868	4,863
Basic and diluted earnings per share (in dollars per share)	$ 1.20	$ 1.02	$ 1.71	$ 1.94
WMG fee income
Non-interest income:
Revenue from contract with customer, excluding assessed tax	$ 2,323	$ 2,524	$ 4,552	$ 4,800
Service charges on deposit accounts
Non-interest income:
Revenue from contract with customer, excluding assessed tax	564	1,085	1,554	2,189
Interchange revenue from debit card transactions
Non-interest income:
Revenue from contract with customer, excluding assessed tax	$ 982	$ 1,024	$ 1,907	$ 2,055

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 5,827	$ 4,981	$ 8,318	$ 9,449
Other comprehensive income
Unrealized holding gains on securities available for sale	2,965	3,882	10,611	7,312
Reclassification adjustment for gains realized in net income	0	(19)	0	(19)
Net unrealized gains	2,965	3,863	10,611	7,293
Tax effect	756	986	2,706	1,860
Net of tax amount	2,209	2,877	7,905	5,433
Change in funded status of defined benefit pension plan and other benefit plans:
Reclassification adjustment for amortization of prior service costs	(55)	(55)	(110)	(110)
Reclassification adjustment for amortization of net actuarial loss	77	73	154	146
Total before tax effect	22	18	44	36
Tax effect	7	4	8	9
Net of tax amount	15	14	36	27
Total other comprehensive income	2,224	2,891	7,941	5,460
Comprehensive income	$ 8,051	$ 7,872	$ 16,259	$ 14,909

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands		Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (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		9,449			9,449
Other comprehensive income		5,460					5,460
Restricted stock awards		199		199
Restricted stock units for directors' deferred compensation plan		21		21
Cash dividends declared		(2,515)			(2,515)
Distribution Of Shares Of Treasury Stock For Deffered Directors Compensation Value		13		(52)		65
Distribution of treasury stock for directors' compensation		357		139		218
Distribution of shares of treasury stock grants for employee restricted stock awards		11				11
Distribution of shares of treasury stock for employee stock compensation		100		39		61
Repurchase of common stock		(13)				(13)
Sale of treasury stock	[1]	276		118		158
Ending balances at Jun. 30, 2019		$ 178,387	53	46,284	150,063	(12,062)	(5,951)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Distribution of Shares of Treasury Stock for Employee Restricted Stock Awards (in shares)		439
Cash dividends declared (in dollars per share)		$ 0.52
Distribution Of Shares Of Treasury Stock For Directors Compensation Shares		8,465
Distribution of shares of treasury stock for employee stock compensation (in shares)		2,373
Distribution of Shares of Treasury Stock for Deferred Directors’ Compensation (in shares)		2,551
Purchase of shares of treasury stock (in shares)		272
Sale of shares of treasury stock (in shares)		6,150
Beginning balances at Mar. 31, 2019		$ 171,534	53	46,174	146,340	(12,191)	(8,842)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		4,981			4,981
Other comprehensive income		2,891					2,891
Restricted stock awards		98		98
Restricted stock units for directors' deferred compensation plan		10		10
Cash dividends declared		(1,258)			(1,258)
Distribution Of Shares Of Treasury Stock For Deffered Directors Compensation Value		13		(52)		65
Sale of treasury stock		118		54		64
Ending balances at Jun. 30, 2019		$ 178,387	53	46,284	150,063	(12,062)	(5,951)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Cash dividends declared (in dollars per share)		$ 0.26
Distribution of Shares of Treasury Stock for Deferred Directors’ Compensation (in shares)		2,551
Sale of shares of treasury stock (in shares)		2,485
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		8,318			8,318
Other comprehensive income		7,941					7,941
Restricted stock awards		306		306
Restricted stock units for directors' deferred compensation plan		20		20
Cash dividends declared		(2,514)			(2,514)
Distribution Of Shares Of Treasury Stock For Deffered Directors Compensation Value		(12)		(180)		168
Distribution of treasury stock for directors' compensation		350		144		206
Distribution of shares of treasury stock grants for employee restricted stock awards		0		(7)		7
Distribution of shares of treasury stock for employee stock compensation		100		41		59
Repurchase of common stock		(3,321)				(3,321)
Sale of treasury stock	[1]	774		47		727
Forfeiture of shares of restricted stock awards		0		5		(5)
Ending balances at Jun. 30, 2020		$ 194,589	53	46,758	159,505	(13,869)	2,142
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Cash dividends declared (in dollars per share)		$ 0.52
Distribution Of Shares Of Treasury Stock For Directors Compensation Shares		7,923
Distribution of shares of treasury stock for employee stock compensation (in shares)		2,274
Distribution of Shares of Treasury Stock for Deferred Directors’ Compensation (in shares)		6,426
Purchase of shares of treasury stock (in shares)		122,021
Sale of shares of treasury stock (in shares)		27,963
Distribution of shares of treasury stock grants for employee restricted stock awards (in shares)		255
Forfeitures of shares of restricted stock awards (in shares)		112
Beginning balances at Mar. 31, 2020		$ 190,447	53	46,754	154,926	(11,204)	(82)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		5,827			5,827
Other comprehensive income		2,224					2,224
Restricted stock awards		181		181
Restricted stock units for directors' deferred compensation plan		9		9
Cash dividends declared		(1,248)			(1,248)
Distribution Of Shares Of Treasury Stock For Deffered Directors Compensation Value		(12)		(180)		168
Repurchase of common stock		(3,193)				(3,193)
Sale of treasury stock		354		(6)		360
Ending balances at Jun. 30, 2020		$ 194,589	$ 53	$ 46,758	$ 159,505	$ (13,869)	$ 2,142
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Cash dividends declared (in dollars per share)		$ 0.26
Distribution of Shares of Treasury Stock for Deferred Directors’ Compensation (in shares)		6,426
Purchase of shares of treasury stock (in shares)		117,880
Sale of shares of treasury stock (in shares)		13,778
[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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.26	$ 0.26	$ 0.52	$ 0.52
Distribution of shares of treasury stock for directors' compensation (in shares)			7,923	8,465
Distribution of Shares of Treasury Stock for Employee Restricted Stock Awards (in shares)				439
Distribution of shares of treasury stock for employee stock compensation (in shares)			2,274	2,373
Distribution of Shares of Treasury Stock for Deferred Directors’ Compensation (in shares)	6,426	2,551	6,426	2,551
Distribution of shares of treasury stock grants for employee restricted stock awards (in shares)			255
Purchase of shares of treasury stock (in shares)	117,880		122,021	272
Forfeitures of shares of restricted stock awards (in shares)			112
Sale of shares of treasury stock (in shares)	13,778	2,485	27,963	6,150

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 5,827	$ 4,981	$ 8,318	$ 9,449
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of right-of-use assets			351	322
Amortization of intangible assets	119	151	251	314
Provision for loan losses	260	150	3,310	1,243
Loss on disposal of fixed assets			0	18
Depreciation and amortization of fixed assets			1,509	1,623
Amortization of premiums on securities, net			530	518
Gain on sales of loans held for sale, net	(288)	(29)	(363)	(77)
Proceeds from sales of loans held for sale			3,377	3,938
Loans originated and held for sale			(3,320)	(3,983)
Net losses on sale of other real estate owned	48	3	77	86
Write-downs on other real estate owned			8	53
Net change in fair value of equity investments	(156)	(27)	90	(116)
Net (gains) on securities transactions	0	(19)	0	(19)
Purchase of equity investments			(85)	(54)
Increase in other assets and accrued interest receivable			(9,831)	(2,716)
(Decrease) increase in accrued interest payable			(45)	82
Expense related to restricted stock units for directors' deferred compensation plan			20	21
Expense related to employee stock compensation			100	100
Expense related to employee restricted stock awards			306	199
Payments on operating leases			(332)	(300)
Increase in other liabilities			10,190	2,702
Income from bank owned life insurance	(14)	(16)	(133)	(31)
Net cash provided by operating activities			14,328	13,372
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of securities available for sale			0	15,200
Proceeds from maturities, calls, and principal paydowns on securities available for sale			21,215	21,828
Proceeds from maturities and principal collected on securities held to maturity			516	1,330
Purchases of securities available for sale			(44,105)	(57,262)
Purchases of securities held to maturity			(998)	(545)
Purchase of FHLBNY and FRBNY stock			(51)	(6)
Redemption of FHLBNY and FRBNY stock			0	53
Purchases of premises and equipment			(487)	(266)
Proceeds from sale of other real estate owned			230	342
Proceeds from bank owned life insurance			213	0
Net (increase) decrease in loans			(191,528)	22,884
Net cash (used in) provided by investing activities			(214,995)	3,558
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in demand deposits, interest-bearing demand accounts, savings accounts, and insured money market accounts			229,584	(55,665)
Increase in time deposits			9,534	27,566
Finance Lease, Principal Payments			(116)	(109)
Purchase of treasury stock			(3,321)	0
Sale of treasury stock			774	276
Cash dividends paid			(2,530)	(2,510)
Net cash provided by (used in) financing activities			233,925	(30,442)
Net increase (decrease) in cash and cash equivalents			33,258	(13,512)
Cash and cash equivalents, beginning of period			121,904	129,972	$ 129,972
Cash and cash equivalents, end of period	155,162	116,460	155,162	116,460	121,904
Cash paid for:
Interest			2,248	2,997
Income Taxes Paid			1,285	1,975
Supplemental disclosure of non-cash activity:
Transfer of loans to other real estate owned			91	120
Dividends declared, not yet paid	$ 1,247	$ 1,259	1,247	1,259	$ 1,263
Repurchase of common stock in lieu of employee payroll taxes			(54)	13
Distribution of treasury stock for directors' compensation			350	357
Distribution of treasury stock for deferred directors' compensation			(12)	13
Forfeiture of shares of restricted stock awards			$ (5)	$ 0

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Securities held to maturity, estimated fair value	$ 3,647	$ 3,139
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)	529,933	452,641

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 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 Co rporation, 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 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 COVID-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 - COVID-19 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 remained volatile 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. F inally, 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 allowance for loan 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 June 30, 2020, "highly impa cted" industries total $245.1 million, or 27.9% of th

EARNING PER COMMON SHARE

EARNING PER COMMON SHARE	6 Months Ended
	Jun. 30, 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 4,850 and 4,866 weighted average shares outstanding for the three month periods ended June 30, 2020 and 2019, respectively. Earnings per share were computed by dividing net income by 4,868 and 4,863 weighted average shares outstanding for the six month periods ended June 30, 2020 and 2019, respectively. There were no common stock equivalents during the three and six month periods ended June 30, 2020 or 2019.

SECURITIES

SECURITIES	6 Months Ended
	Jun. 30, 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): June 30, 2020 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Mortgage-backed securities, residential $ 241,357 $ 9,951 $ 1 $ 251,307 Obligations of states and political subdivisions 40,762 2,543 — 43,305 Corporate bonds and notes 2,250 — — 2,250 SBA loan pools 20,247 52 100 20,199 Total $ 304,616 $ 12,546 $ 101 $ 317,061 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): June 30, 2020 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 754 $ — $ — $ 754 Time deposits with other financial institutions 2,843 50 — 2,893 Total $ 3,597 $ 50 $ — $ 3,647 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): June 30, 2020 Available for Sale Held to Maturity Amortized Fair Amortized Fair Within one year $ 285 $ 285 $ 1,644 $ 1,666 After one, but within five years 23,248 24,569 1,953 1,981 After five, but within ten years 18,720 19,900 — — After ten years 759 801 — — 43,012 45,555 3,597 3,647 Mortgage-backed securities, residential 241,357 251,307 — — SBA loan pools 20,247 20,199 — — Total $ 304,616 $ 317,061 $ 3,597 $ 3,647 The proceeds from sales and calls of securities resulting in gains or losses for the three months ended June 30, 2020 and 2019 are listed below (in thousands): 2020 2019 Proceeds $ — $ 15,200 Gross gains — 79 Gross losses — (60) Tax expense — 5 The proceeds from sales and calls of securities resulting in gains or losses for the six months ended June 30, 2020 and 2019 are listed below (in thousands): 2020 2019 Proceeds $ — $ 15,200 Gross gains — 79 Gross losses — (60) Tax expense — 5 The following tables summarize the investment securities available for sale with unrealized losses at June 30, 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 June 30, 2020 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities, residential $ — $ — $ 1,326 $ 1 $ 1,326 $ 1 SBA loan pools 11,378 65 1,200 35 12,578 100 Total temporarily impaired securities $ 11,378 $ 65 $ 2,526 $ 36 $ 13,904 $ 101 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 June 30, 2020, the Corporation’s unrealized and unrecognized losses were not material.

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	6 Months Ended
	Jun. 30, 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): June 30, 2020 December 31, 2019 Commercial and agricultural: Commercial and industrial $ 395,044 $ 230,018 Agricultural 416 274 Commercial mortgages: Construction 47,180 43,962 Commercial mortgages, other 623,261 604,832 Residential mortgages 207,999 188,338 Consumer loans: Home equity lines and loans 85,927 91,784 Indirect consumer loans 124,921 134,973 Direct consumer loans 13,250 15,038 Total loans, net of deferred origination fees and costs 1,497,998 1,309,219 Interest receivable on loans 4,748 3,684 Total recorded investment in loans $ 1,502,746 $ 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 June 30, 2020 and 2019 (in thousands): Three Months Ended June 30, 2020 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 11,191 $ 10,472 $ 1,421 $ 3,149 $ 26,233 Charge-offs (36) (2,143) (13) (297) (2,489) Recoveries 5 — 49 72 126 Net recoveries (charge-offs) (31) (2,143) 36 (225) (2,363) Provision (2,833) 2,220 434 439 260 Ending balance $ 8,327 $ 10,549 $ 1,891 $ 3,363 $ 24,130 Three Months Ended June 30, 2019 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 5,429 $ 9,474 $ 1,215 $ 3,627 $ 19,745 Charge-offs (48) — (39) (318) (405) Recoveries 4 1 45 116 166 Net recoveries (charge-offs) (44) 1 6 (202) (239) Provision 91 70 8 (19) 150 Ending balance $ 5,476 $ 9,545 $ 1,229 $ 3,406 $ 19,656 The following tables present the activity in the allowance for loan losses by portfolio segment for the six month periods ended June 30, 2020 and 2019 (in thousands): Six Months Ended June 30, 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: (65) (2,143) (13) (700) (2,921) Recoveries: 8 — 48 207 263 Net recoveries (charge-offs) (57) (2,143) 35 (493) (2,658) Provision (1,843) 3,823 604 726 3,310 Ending balance $ 8,327 $ 10,549 $ 1,891 $ 3,363 $ 24,130 Six Months Ended June 30, 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: (55) — (41) (757) (853) Recoveries: 15 2 45 260 322 Net recoveries (charge-offs) (40) 2 4 (497) (531) Provision 133 1,359 (1) (248) 1,243 Ending balance $ 5,476 $ 9,545 $ 1,229 $ 3,406 $ 19,656 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 June 30, 2020 and December 31, 2019 (in thousands): June 30, 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 $ 5,431 $ 213 $ — $ 62 $ 5,706 Collectively evaluated for impairment 2,896 10,336 1,891 3,301 18,424 Total ending allowance balance $ 8,327 $ 10,549 $ 1,891 $ 3,363 $ 24,130 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 June 30, 2020 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 6,572 $ 7,162 $ 1,170 $ 837 $ 15,741 Loans collectively evaluated for impairment 390,126 665,378 207,523 223,978 1,487,005 Total ending loans balance $ 396,698 $ 672,540 $ 208,693 $ 224,815 $ 1,502,746 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 June 30, 2020 and December 31, 2019 (in thousands): June 30, 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 $ 1,089 $ 1,088 $ — $ 133 $ 133 $ — Commercial mortgages: Construction 219 220 — 247 247 — Commercial mortgages, other 6,887 4,743 — 3,501 3,503 — Residential mortgages 1,190 1,170 — 554 525 — Consumer loans: Home equity lines and loans 672 657 — 171 149 — With an allowance recorded: Commercial and agricultural: Commercial and industrial 5,481 5,484 5,431 6,013 6,014 6,000 Commercial mortgages: Commercial mortgages, other 2,197 2,199 213 5,093 5,094 2,097 Consumer loans: Home equity lines and loans 180 180 62 — — — Total $ 17,915 $ 15,741 $ 5,706 $ 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 and six month periods ended June 30, 2020 and 2019 (in thousands): Three Months Ended Three Months Ended Six Months Ended Six Months Ended With no related allowance recorded: Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial and agricultural: Commercial and industrial $ 597 $ — $ 289 $ — $ 442 $ — $ 308 $ 1 Commercial mortgages: Construction 226 2 285 2 233 4 293 5 Commercial mortgages, other 3,982 — 3,640 3 3,822 — 3,738 6 Residential mortgages 844 5 388 2 738 10 393 4 Consumer loans: Home equity lines & loans 403 2 163 1 318 3 127 1 With an allowance recorded: Commercial and agricultural: Commercial and industrial 5,665 2 1,817 — 5,781 2 1,805 — Commercial mortgages: Commercial mortgages, other 3,613 8 7,741 — 4,107 8 5,795 — Consumer loans: Home equity lines and loans 90 — — — 60 — — — Total $ 15,420 $ 19 $ 14,323 $ 8 $ 15,501 $ 27 $ 12,459 $ 17 (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 June 30, 2020 and December 31, 2019 (in thousands): Non-accrual Loans Past Due 90 Days or More and Still Accruing June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Commercial and agricultural: Commercial and industrial $ 6,439 $ 6,147 $ 3 $ 7 Commercial mortgages: Construction 70 80 — — Commercial mortgages, other 6,416 8,407 — — Residential mortgages 2,537 2,155 — — Consumer loans: Home equity lines and loans 1,061 641 — — Indirect consumer loans 755 571 — — Direct consumer loans 1 7 — — Total $ 17,279 $ 18,008 $ 3 $ 7 The following tables present the aging of the recorded investment in loans as of June 30, 2020 and December 31, 2019 (in thousands): June 30, 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 $ 3,796 $ 215 $ 276 $ 4,287 $ 391,993 $ 396,280 Agricultural — — — — 418 418 Commercial mortgages: Construction — — — — 47,329 47,329 Commercial mortgages, other 1,046 347 1,881 3,274 621,937 625,211 Residential mortgages 590 364 733 1,687 207,006 208,693 Consumer loans: Home equity lines and loans 180 53 96 329 85,855 86,184 Indirect consumer loans 499 102 386 987 124,331 125,318 Direct consumer loans 2 1 — 3 13,310 13,313 Total $ 6,113 $ 1,082 $ 3,372 $ 10,567 $ 1,492,179 $ 1,502,746 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 441 277 2,165 2,883 603,605 606,488 Residential mortgages 1,016 803 956 2,775 186,099 188,874 Consumer loans: 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 11 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 June 30, 2020, in conformance with Section 4013 of the CARES Act, the Corporation modified a total of 1,168 commercial and consumer loans represented by a total loan balance of $241.6 million. As of June 30, 2020, 593 loans totaling $185.8 million remained in modified status. As of June 30, 2020 and December 31, 2019, the Corporation has a recorded investment in TD Rs of $9.8 million and $9.0 million, respectively. There were specific reserves of $0.6 million and $2.3 million allocated for TDRs at June 30, 2020 and December 31, 2019, respectively. As of June 30, 2020, TDRs totaling $1.4 million were accruing interest under the modified terms and $8.4 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 $29 thousand and $17 thousand to customers with outstanding loans that are classified as TDRs as of June 30, 2020 and December 31, 2019, respectively. During the three months ended June 30, 2020, the terms of certain loans were modified as TDRs. These included the modifications of two commercial and industrial loans where deferral of payments were granted and both loans were risk rated Substandard while one loan was in non-accrual status prior to the modification. The modifications of four commercial mortgage loans included the deferral of payments with three of the loans risk rated Substandard and in non-accrual status, three of the borrowers were over one year past due in real estate taxes and two of the loans were over 30 days past due in payments. The modifications of three residential mortgages included the deferral of payments while all three were in non-accrual status prior to the modifications, two were risk rated Substandard and one was over thirty days past due in payments. The modifications of three home equity lines and loans included the deferral of payments while all three loans were risk rated Substandard and in non-accrual status prior to the modifications. There were no loans modified as TDRs during the three month period ended June 30, 2019. During the six month period ended June 30, 2020, there were no loans modified as TDRs except those described above during the three month period ended June 30, 2020. During the six month period ended June 30, 2019, the terms of certain loans were modified as TDRs. The modification of the terms of one home equity loan during the six months ended June 30, 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 tables present loans by class modified as TDRs that occurred during the three month period ended June 30, 2020 and June 30, 2019 (dollars in thousands): June 30, 2020 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial and agricultural: Commercial and industrial $ 2 $ 929 $ 929 Commercial mortgages: Commercial mortgages, other 4 1,297 1,297 Residential mortgages 3 677 677 Consumer loans: Home equity lines and loans 3 738 738 Total $ 12 $ 3,641 $ 3,641 The TDRs described above increased the allowance for loan losses by $0.2 million and resulted in no charge-offs during the three month period ended June 30, 2020. There were no loans modified as TDRs during the three month period ended June 30, 2019. The following tables present loans by class modified as TDRs that occurred during the six month period ended June 30, 2020 and June 30, 2019 (dollars in thousands): June 30, 2020 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial and agricultural: Commercial and industrial $ 2 $ 929 $ 929 Commercial mortgages: Commercial mortgages, other 4 1,297 1,297 Residential mortgages 3 677 677 Consumer loans: Home equity lines and loans 3 738 738 Total $ 12 $ 3,641 $ 3,641 June 30, 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 increased the allowance for loan losses by $0.2 million and resulted in no charge-offs during the six month period ended June 30, 2020. The TDRs described above did not increase the allowance for loan losses and resulted in no charge-offs during the six month period ended June 30, 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 and six month periods ended June 30, 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 June 30, 2020 and December 31, 2019, the risk category of the recorded investment of loans by class of loans is as follows (in thousands): June 30, 2020 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 382,873 $ 4,324 $ 3,786 $ 5,297 $ 396,280 Agricultural — 418 — — — 418 Commercial mortgages: Construction — 43,235 546 3,548 — 47,329 Commercial mortgages — 596,641 14,436 11,868 2,266 625,211 Residential mortgages 206,156 — — 2,537 — 208,693 Consumer loans: Home equity lines and loans 85,123 — — 1,061 — 86,184 Indirect consumer loans 124,563 — — 755 — 125,318 Direct consumer loans 13,312 — — 1 — 13,313 Total $ 429,154 $ 1,023,167 $ 19,306 $ 23,556 $ 7,563 $ 1,502,746 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: 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 June 30, 2020 and December 31, 2019 (in thousands): June 30, 2020 Consumer Loans Residential Mortgages Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 206,156 $ 85,123 $ 124,563 $ 13,312 Non-Performing 2,537 1,061 755 1 $ 208,693 $ 86,184 $ 125,318 $ 13,313 December 31, 2019 Consumer Loans Residential Mortgages 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	6 Months Ended
	Jun. 30, 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 June 30, 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 $ 251,307 $ — $ 251,307 $ — Obligations of states and political subdivisions 43,305 — 43,305 — Corporate bonds and notes 2,250 — 2,250 — SBA loan pools 20,199 — 20,199 — Total available for sale securities $ 317,061 $ — $ 317,061 $ — Equity investments, at fair value $ 2,169 $ 1,507 $ — $ 662 Derivative assets 17,893 — 17,893 — Financial Liabilities: Derivative liabilities $ 18,104 $ — $ 17,893 $ 211 There were no transfers between Level 1 and Level 2 during the three and six month periods ended June 30, 2020. 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 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 and six month periods ended June 30, 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 June 30, 2020 and 2019 (in thousands): Assets (Liabilities) Derivative Liabilities June 30, 2020 June 30, 2019 Balance of recurring Level 3 assets at April 1 $ (430) $ (230) Derivative instruments entered into (6) (11) Total gains or losses for the period: Included in earnings - other non-interest income 225 (124) Included in other comprehensive income — — Transfers out of Level 3 — — Balance of recurring Level 3 assets at June 30, $ (211) $ (365) 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 six month periods ended June 30, 2020 and June 30, 2019 (in thousands): Assets (Liabilities) Derivative Liabilities June 30, 2020 June 30, 2019 Balance of recurring Level 3 assets at January 1 $ (365) $ (140) Derivative instruments entered into (15) (35) Total gains or losses for the period: Included in earnings - other non-interest income 169 (190) Included in other comprehensive income — — Transfers out of Level 3 — — Balance of recurring Level 3 assets at June 30, $ (211) $ (365) The following table presents information related to Level 3 recurring fair value measurements at June 30, 2020 and December 31, 2019 (in thousands): Description Fair Value at June 30, Valuation Technique Unobservable Inputs Range [Weighted Average] at June 30, 2020 Derivative liabilities $ 211 Historical trend Credit default rate 0.10% - 5.50% [1.11%] Description Fair Value at December 31, Valuation Technique Unobservable Inputs Range [Weighted Average] at December 31, 2019 Derivative liabilities $ 365 Historical trend Credit default rate 7.30% - 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 June 30, 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 $ 516 $ — $ — $ 516 $ 232 Total impaired loans $ 516 $ — $ — $ 516 $ 232 Other real estate owned: Commercial mortgages: Commercial mortgages $ 111 $ — $ — $ 111 $ — Residential mortgages 115 — — 115 — Consumer loans: Home equity lines and loans 55 — — 55 — Total other real estate owned, net $ 281 $ — $ — $ 281 $ — 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 June 30, 2020 and December 31, 2019 (in thousands): Description Fair Value at June 30, 2020 Valuation Technique Unobservable Inputs Range [Weighted Average] at June 30, 2020 Impaired loans: Commercial mortgages: Commercial mortgages $ 516 Sales comparison Discount to appraised value 5.84% - 5.84% [5.84%] $ 516 OREO: Commercial mortgages: Commercial mortgages $ 111 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] Residential mortgages 115 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] Consumer loans: Home equity lines and loans 55 Sales comparison Discount to appraised value 31.25% - 31.25% [31.25%] $ 281 Description Fair Value at December 31, 2019 Valuation Technique Unobservable Inputs Range [Weighted Average] at December 31, 2019 Impaired loans: Commercial mortgages: Commercial mortgages 1,554 Sales comparison Discount to appraised value 10.00% - 10.00% [10.00%] $ 1,554 OREO: Commercial mortgages: Commercial mortgages $ 111 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] Residential mortgages 284 Sales comparison Discount to appraised value 20.80% - 35.29% [24.09%] Consumer loans: Home equity lines and loans 122 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] $ 517 FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying amounts and estimated fair values of other financial instruments, at June 30, 2020 and December 31, 2019, are as follows (in thousands): June 30, 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 $ 28,689 $ 28,689 $ — $ — $ 28,689 Interest-earning deposits in other financial institutions 126,473 126,473 — — 126,473 Equity investments 2,169 1,507 — 662 2,169 Securities held to maturity 3,597 — 2,892 754 3,646 FHLBNY and FRBNY stock 3,150 — — — N/A Loans, net and loans held for sale 1,475,359 — — 1,489,509 1,489,509 Accrued interest receivable 5,611 1 862 4,748 5,611 Derivative Assets 17,893 — 17,893 — 17,893 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,640,546 $ 1,640,546 $ — $ — $ 1,640,546 Time deposits 170,710 — 174,034 — 174,034 Accrued interest payable 254 9 245 — 254 Derivative Liabilities 18,104 — 17,893 211 18,104 (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	6 Months Ended
	Jun. 30, 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 June 30, 2020, the weighted average remaining lease term was 8.8 years with a weighted average discount rate of 3.27%. Rent expense was $0.2 million for the three months ended June 30, 2020. Rent expense was $0.5 million for the six months ended June 30, 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 June 30, 2020 and December 31, 2019 consist of the following (in thousands): June 30, 2020 December 31, 2019 Operating lease right-of-use asset $ 8,713 $ 8,713 Less: accumulated amortization (1,063) (712) Operating lease right-of-use-assets, net $ 7,650 $ 8,001 The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges, as of June 30, 2020 (in thousands): Year Amount 2020 $ 466 2021 930 2022 869 2023 889 2024 880 2025 and thereafter 5,347 Total minimum lease payments 9,381 Less: amount representing interest (1,629) Present value of net minimum lease payments $ 7,752 As of June 30, 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 June 30, 2020, the weighted average remaining lease term was 12.5 years with a weighted average discount rate of 3.35%. The Corporation has included these leases in premises and equipment as of June 30, 2020 and December 31, 2019 as follows (in thousands): June 30, 2020 December 31, 2019 Buildings $ 5,572 $ 5,572 Less: accumulated depreciation (1,708) (1,541) Net book value $ 3,864 $ 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 June 30, 2020 (in thousands): Year Amount 2020 $ 189 2021 388 2022 391 2023 391 2024 391 2025 and thereafter 3,250 Total minimum lease payments 5,000 Less: amount representing interest (1,031) Present value of net minimum lease payments $ 3,969 As of June 30, 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 $3 thousand per month. Rent paid to this Board of Directors member totaled $14 thousand and $16 thousand for the three month periods ended June 30, 2020 and 2019, respectively. Rent paid to this Board of Directors member totaled $27 thousand and $28 thousand for the six month periods ended June 30, 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 June 30, 2020, the weighted average remaining lease term was 8.8 years with a weighted average discount rate of 3.27%. Rent expense was $0.2 million for the three months ended June 30, 2020. Rent expense was $0.5 million for the six months ended June 30, 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 June 30, 2020 and December 31, 2019 consist of the following (in thousands): June 30, 2020 December 31, 2019 Operating lease right-of-use asset $ 8,713 $ 8,713 Less: accumulated amortization (1,063) (712) Operating lease right-of-use-assets, net $ 7,650 $ 8,001 The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges, as of June 30, 2020 (in thousands): Year Amount 2020 $ 466 2021 930 2022 869 2023 889 2024 880 2025 and thereafter 5,347 Total minimum lease payments 9,381 Less: amount representing interest (1,629) Present value of net minimum lease payments $ 7,752 As of June 30, 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 June 30, 2020, the weighted average remaining lease term was 12.5 years with a weighted average discount rate of 3.35%. The Corporation has included these leases in premises and equipment as of June 30, 2020 and December 31, 2019 as follows (in thousands): June 30, 2020 December 31, 2019 Buildings $ 5,572 $ 5,572 Less: accumulated depreciation (1,708) (1,541) Net book value $ 3,864 $ 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 June 30, 2020 (in thousands): Year Amount 2020 $ 189 2021 388 2022 391 2023 391 2024 391 2025 and thereafter 3,250 Total minimum lease payments 5,000 Less: amount representing interest (1,031) Present value of net minimum lease payments $ 3,969 As of June 30, 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 $3 thousand per month. Rent paid to this Board of Directors member totaled $14 thousand and $16 thousand for the three month periods ended June 30, 2020 and 2019, respectively. Rent paid to this Board of Directors member totaled $27 thousand and $28 thousand for the six month periods ended June 30, 2020 and 2019, respectively.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 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 six month periods ended June 30, 2020 and 2019 were as follows (in thousands): 2020 2019 Beginning of year $ 21,824 $ 21,824 Acquired goodwill — — Ending balance June 30, $ 21,824 $ 21,824 Acquired intangible assets were as follows at June 30, 2020 and December 31, 2019 (in thousands): At June 30, 2020 At December 31, 2019 Balance Acquired Accumulated Amortization Balance Acquired Accumulated Amortization Core deposit intangibles $ 5,975 $ 5,906 $ 5,975 $ 5,832 Other customer relationship intangibles 5,633 5,211 5,633 5,034 Total $ 11,608 $ 11,117 $ 11,608 $ 10,866 Aggregate amortization expense was $0.1 million and $0.2 million for the three month periods ended June 30, 2020 and 2019, respectively. Aggregate amortization expense was $0.3 million for both of the six month periods ended June 30, 2020 and 2019. The remaining estimated aggregate amortization expense at June 30, 2020 is listed below (in thousands): Year Estimated Expense 2020 $ 233 2021 258 2022 — 2023 — 2024 — Total $ 491 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. However, management did conclude that the current decline in macroeconomic conditions is a triggering event, but other mitigating factors did not warrant an interim quantitative impairment test. We continue to evaluate our qualitative assessment assumptions, which are subject to risks and uncertainties, including: (1) forecasted revenues, expenses, and cash flows; (2) current discount rates; (3) our market capitalization; (4) observable market transactions and multiples; (5) changes to the regulatory environment; and (6) the nature and amount of government support that has been and is expected to be provided in the future.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 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 June 30, 2020 and December 31, 2019 (in thousands): June 30, 2020 December 31, 2019 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 38,445 $ 23,485 $ 15,560 $ 25,233 Unused lines of credit 450 250,744 1,062 229,137 Standby letters of credit — 15,095 — 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. In the normal course of business, there are various outstanding claims and legal proceedings involving the Corporation or its subsidiaries. As of June 30, 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 INCOME (LOSS)	6 Months Ended
	Jun. 30, 2020
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Accumulated other comprehensive income (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 income (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 April 1, 2020 $ 7,064 $ (7,146) $ (82) Other comprehensive income before reclassification 2,209 — 2,209 Amounts reclassified from accumulated other comprehensive income — 15 15 Net current period other comprehensive income 2,209 15 2,224 Balance at June 30, 2020 $ 9,273 $ (7,131) $ 2,142 Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at April 1, 2019 $ (2,090) $ (6,752) $ (8,842) Other comprehensive income before reclassification 2,891 — 2,891 Amounts reclassified from accumulated other comprehensive income (14) 14 — Net current period other comprehensive income 2,877 14 2,891 Balance at June 30, 2019 $ 787 $ (6,738) $ (5,951) 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 7,905 — 7,905 Amounts reclassified from accumulated other comprehensive income — 36 36 Net current period other comprehensive income 7,905 36 7,941 Balance at June 30, 2020 $ 9,273 $ (7,131) $ 2,142 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 income before reclassification 5,447 — 5,447 Amounts reclassified from accumulated other comprehensive income (14) 27 13 Net current period other comprehensive income 5,433 27 5,460 Balance at June 30, 2019 $ 787 $ (6,738) $ (5,951) 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 Unrealized gains and losses on securities available for sale: Realized gains on securities available for sale $ — $ (19) Net gains on securities transactions Tax effect — 5 Income tax expense Net of tax — (14) Amortization of defined pension plan and other benefit plan items: Net gain (loss) arising during the period — — 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 (7) (4) Income tax expense Net of tax 15 14 Total reclassification for the period, net of tax $ 15 $ — (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). Details about Accumulated Other Comprehensive Income Components Six Months Ended Affected Line Item 2020 2019 Unrealized gains and losses on securities available for sale: Realized gains on securities available for sale $ — $ (19) Net gains on securities transactions Tax effect — 5 Income tax expense Net of tax — (14) Amortization of defined pension plan and other benefit plan items: Net gain (loss) arising during the period — — Prior service costs (a) (110) (110) Other components of net periodic pension and postretirement benefits Actuarial losses (a) 154 146 Other components of net periodic pension and postretirement benefits Tax effect (8) (9) Income tax expense Net of tax 36 27 Total reclassification for the period, net of tax $ 36 $ 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	6 Months Ended
	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	REVENUE FROM CONTRACTS WITH CUSTOMERSAll 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 and six months ended June 30, 2020 and 2019 (in thousands). Items outside the scope of ASC 606 are noted as such. Three Months Ended June 30, 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 $ 421 $ — $ — $ 421 Other 143 — — 143 Interchange revenue from debit card transactions 982 — — 982 WMG fee income — 2,323 — 2,323 CFS fee and commission income — — 153 153 Net gains (losses) on sales of OREO (48) — — (48) Net gains on sales of loans (a) 288 — — 288 Loan servicing fees (a) 29 — — 29 Changes in fair value of equity investments (a) 145 — 11 156 Income from bank-owned life insurance (a) 14 — — 14 Other (a) 638 — (19) 619 Total non-interest income (loss) $ 2,612 $ 2,323 $ 145 $ 5,080 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Three Months Ended June 30, 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 $ 856 $ — $ — $ 856 Other 229 — — 229 Interchange revenue from debit card transactions 1,024 — — 1,024 WMG fee income — 2,524 — 2,524 CFS fee and commission income — — 189 189 Net gains (losses) on sales of OREO (3) — — (3) Net gains on sales of loans (a) 29 — — 29 Loan servicing fees (a) 16 — — 16 Net gains on sales of securities (a) 19 — — 19 Changes in fair value of equity investments (a) 27 — — 27 Income from bank-owned life insurance (a) 16 — — 16 Other (a) 302 — (142) 160 Total non-interest income $ 2,515 $ 2,524 $ 47 $ 5,086 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Six Months Ended June 30, 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 $ 1,226 $ — $ — $ 1,226 Other 328 — — 328 Interchange revenue from debit card transactions 1,907 — 1,907 WMG fee income — 4,552 — 4,552 CFS fee and commission income — — 330 330 Net gains (losses) on sales of OREO (77) — — (77) Net gains on sales of loans (a) 363 — — 363 Loan servicing fees (a) 56 — — 56 Changes in fair value of equity investments (a) (22) — (68) (90) Income from bank-owned life insurance (a) 133 — — 133 Other (a) 1,062 — 20 1,082 Total non-interest income $ 4,976 $ 4,552 $ 282 $ 9,810 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Six Months Ended June 30, 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 $ 1,744 $ — $ — $ 1,744 Other 445 — — 445 Interchange revenue from debit card transactions 2,055 — — 2,055 WMG fee income — 4,800 — 4,800 CFS fee and commission income — — 357 357 Net gains (losses) on sales of OREO (86) — — (86) Net gains on sales of loans (a) 77 — — 77 Loan servicing fees (a) 51 — — 51 Net gains on sales of securities (a) 19 — — 19 Changes in fair value of equity investments (a) 100 — 16 116 Income from bank-owned life insurance (a) 31 — — 31 Other (a) 544 — (142) 402 Total non-interest income $ 4,980 $ 4,800 $ 231 $ 10,011 (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.

COMPONENTS OF QUARTERLY AND YEA

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS	6 Months Ended
	Jun. 30, 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 Six Months Ended 2020 2019 2020 2019 Qualified Pension Plan Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 322 378 644 757 Expected return on plan assets (610) (553) (1,220) (1,107) Amortization of unrecognized transition obligation — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss 49 49 98 98 Net periodic pension benefit $ (239) $ (126) $ (478) $ (252) Supplemental Pension Plan Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 10 13 20 26 Expected return on plan assets — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss 3 1 6 2 Net periodic supplemental pension cost $ 13 $ 14 $ 26 $ 28 Postretirement Plan, Medical and Life Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 2 3 4 6 Expected return on plan assets — — — — Amortization of unrecognized prior service cost (55) (55) (110) (110) Amortization of unrecognized net loss 25 23 50 46 Net periodic postretirement, medical and life benefit $ (28) $ (29) $ (56) $ (58)

SEGMENT REPORTING

SEGMENT REPORTING	6 Months Ended
	Jun. 30, 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 June 30, 2020 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 16,459 $ — $ 13 $ 16,472 Interest expense 881 — — 881 Net interest income 15,578 — 13 15,591 Provision for loan losses 260 — — 260 Net interest income after provision for loan losses 15,318 — 13 15,331 Other non-interest income 2,612 2,323 145 5,080 Other non-interest expenses 11,279 1,647 301 13,227 Income (loss) before income tax expense (benefit) 6,651 676 (143) 7,184 Income tax expense (benefit) 1,223 173 (39) 1,357 Segment net income (loss) $ 5,428 $ 503 $ (104) $ 5,827 Three months ended June 30, 2019 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 16,669 $ — $ 13 $ 16,682 Interest expense 1,581 — — 1,581 Net interest income 15,088 — 13 15,101 Provision for loan losses 150 — — 150 Net interest income after provision for loan losses 14,938 — 13 14,951 Other non-interest income 2,515 2,524 47 5,086 Other non-interest expenses 11,924 1,571 328 13,823 Income (loss) before income tax expense (benefit) 5,529 953 (268) 6,214 Income tax expense (benefit) 1,028 243 (38) 1,233 Segment net income (loss) $ 4,501 $ 710 $ (230) $ 4,981 Six months ended June 30, 2020 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 32,826 $ — $ 30 $ 32,856 Interest expense 2,203 — — 2,203 Net interest income 30,623 — 30 30,653 Provision for loan losses 3,310 — — 3,310 Net interest income after provision for loan losses 27,313 — 30 27,343 Other non-interest income 4,976 4,552 282 9,810 Other non-interest expenses 23,161 3,249 566 26,976 Income (loss) before income tax expense (benefit) 9,128 1,303 (254) 10,177 Income tax expense (benefit) 1,613 334 (88) 1,859 Segment net income (loss) $ 7,515 $ 969 $ (166) $ 8,318 Segment assets $ 2,040,937 $ 3,063 $ 6,921 $ 2,050,921 Six months ended June 30, 2019 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 33,321 $ — $ 26 $ 33,347 Interest expense 3,079 — — 3,079 Net interest income 30,242 — 26 30,268 Provision for loan losses 1,243 — — 1,243 Net interest income after provision for loan losses 28,999 — 26 29,025 Other non-interest income 4,980 4,800 231 10,011 Legal accruals and settlements — — — — Other non-interest expenses 23,549 3,146 625 27,320 Income (loss) before income tax expense (benefit) 10,430 1,654 (368) 11,716 Income tax expense (benefit) 1,917 422 (72) 2,267 Segment net income (loss) $ 8,513 $ 1,232 $ (296) $ 9,449 Segment assets $ 1,742,927 $ 3,574 $ 6,496 $ 1,752,997

STOCK COMPENSATION

STOCK COMPENSATION	6 Months Ended
	Jun. 30, 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 for respective prior year. An expense of $77 thousand and $84 thousand related to this compensation was recognized during the three month periods ended June 30, 2020 and 2019, respectively. An expense of $166 thousand and $177 thousand related to this compensation was recognized during the six month periods ended June 30, 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 June 30, 2020 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at April 1, 2020 31,368 $ 43.33 Granted — — Vested (1,552) 43.16 Forfeited or cancelled — — Nonvested at June 30, 2020 29,816 $ 43.34 A summary of restricted stock activity for the six month period ended June 30, 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 (3,902) 42.18 Forfeited or cancelled (112) 44.72 Nonvested at June 30, 2020 29,816 $ 43.34

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 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 Co rporation, 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 Amounts in the prior year financial statements are reclassified whenever necessary to conform to the current year's presentation.
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 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 COVID-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
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)	6 Months Ended
	Jun. 30, 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): June 30, 2020 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Mortgage-backed securities, residential $ 241,357 $ 9,951 $ 1 $ 251,307 Obligations of states and political subdivisions 40,762 2,543 — 43,305 Corporate bonds and notes 2,250 — — 2,250 SBA loan pools 20,247 52 100 20,199 Total $ 304,616 $ 12,546 $ 101 $ 317,061 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): June 30, 2020 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 754 $ — $ — $ 754 Time deposits with other financial institutions 2,843 50 — 2,893 Total $ 3,597 $ 50 $ — $ 3,647 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): June 30, 2020 Available for Sale Held to Maturity Amortized Fair Amortized Fair Within one year $ 285 $ 285 $ 1,644 $ 1,666 After one, but within five years 23,248 24,569 1,953 1,981 After five, but within ten years 18,720 19,900 — — After ten years 759 801 — — 43,012 45,555 3,597 3,647 Mortgage-backed securities, residential 241,357 251,307 — — SBA loan pools 20,247 20,199 — — Total $ 304,616 $ 317,061 $ 3,597 $ 3,647
Gain (Loss) on Securities	The proceeds from sales and calls of securities resulting in gains or losses for the three months ended June 30, 2020 and 2019 are listed below (in thousands): 2020 2019 Proceeds $ — $ 15,200 Gross gains — 79 Gross losses — (60) Tax expense — 5 The proceeds from sales and calls of securities resulting in gains or losses for the six months ended June 30, 2020 and 2019 are listed below (in thousands): 2020 2019 Proceeds $ — $ 15,200 Gross gains — 79 Gross losses — (60) Tax expense — 5
Investment securities available for sale in an unrealized loss position	The following tables summarize the investment securities available for sale with unrealized losses at June 30, 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 June 30, 2020 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage-backed securities, residential $ — $ — $ 1,326 $ 1 $ 1,326 $ 1 SBA loan pools 11,378 65 1,200 35 12,578 100 Total temporarily impaired securities $ 11,378 $ 65 $ 2,526 $ 36 $ 13,904 $ 101 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)	6 Months Ended
	Jun. 30, 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): June 30, 2020 December 31, 2019 Commercial and agricultural: Commercial and industrial $ 395,044 $ 230,018 Agricultural 416 274 Commercial mortgages: Construction 47,180 43,962 Commercial mortgages, other 623,261 604,832 Residential mortgages 207,999 188,338 Consumer loans: Home equity lines and loans 85,927 91,784 Indirect consumer loans 124,921 134,973 Direct consumer loans 13,250 15,038 Total loans, net of deferred origination fees and costs 1,497,998 1,309,219 Interest receivable on loans 4,748 3,684 Total recorded investment in loans $ 1,502,746 $ 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 June 30, 2020 and 2019 (in thousands): Three Months Ended June 30, 2020 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 11,191 $ 10,472 $ 1,421 $ 3,149 $ 26,233 Charge-offs (36) (2,143) (13) (297) (2,489) Recoveries 5 — 49 72 126 Net recoveries (charge-offs) (31) (2,143) 36 (225) (2,363) Provision (2,833) 2,220 434 439 260 Ending balance $ 8,327 $ 10,549 $ 1,891 $ 3,363 $ 24,130 Three Months Ended June 30, 2019 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 5,429 $ 9,474 $ 1,215 $ 3,627 $ 19,745 Charge-offs (48) — (39) (318) (405) Recoveries 4 1 45 116 166 Net recoveries (charge-offs) (44) 1 6 (202) (239) Provision 91 70 8 (19) 150 Ending balance $ 5,476 $ 9,545 $ 1,229 $ 3,406 $ 19,656 The following tables present the activity in the allowance for loan losses by portfolio segment for the six month periods ended June 30, 2020 and 2019 (in thousands): Six Months Ended June 30, 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: (65) (2,143) (13) (700) (2,921) Recoveries: 8 — 48 207 263 Net recoveries (charge-offs) (57) (2,143) 35 (493) (2,658) Provision (1,843) 3,823 604 726 3,310 Ending balance $ 8,327 $ 10,549 $ 1,891 $ 3,363 $ 24,130 Six Months Ended June 30, 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: (55) — (41) (757) (853) Recoveries: 15 2 45 260 322 Net recoveries (charge-offs) (40) 2 4 (497) (531) Provision 133 1,359 (1) (248) 1,243 Ending balance $ 5,476 $ 9,545 $ 1,229 $ 3,406 $ 19,656
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 June 30, 2020 and December 31, 2019 (in thousands): June 30, 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 $ 5,431 $ 213 $ — $ 62 $ 5,706 Collectively evaluated for impairment 2,896 10,336 1,891 3,301 18,424 Total ending allowance balance $ 8,327 $ 10,549 $ 1,891 $ 3,363 $ 24,130 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 June 30, 2020 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 6,572 $ 7,162 $ 1,170 $ 837 $ 15,741 Loans collectively evaluated for impairment 390,126 665,378 207,523 223,978 1,487,005 Total ending loans balance $ 396,698 $ 672,540 $ 208,693 $ 224,815 $ 1,502,746 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 June 30, 2020 and December 31, 2019 (in thousands): June 30, 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 $ 1,089 $ 1,088 $ — $ 133 $ 133 $ — Commercial mortgages: Construction 219 220 — 247 247 — Commercial mortgages, other 6,887 4,743 — 3,501 3,503 — Residential mortgages 1,190 1,170 — 554 525 — Consumer loans: Home equity lines and loans 672 657 — 171 149 — With an allowance recorded: Commercial and agricultural: Commercial and industrial 5,481 5,484 5,431 6,013 6,014 6,000 Commercial mortgages: Commercial mortgages, other 2,197 2,199 213 5,093 5,094 2,097 Consumer loans: Home equity lines and loans 180 180 62 — — — Total $ 17,915 $ 15,741 $ 5,706 $ 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 and six month periods ended June 30, 2020 and 2019 (in thousands): Three Months Ended Three Months Ended Six Months Ended Six Months Ended With no related allowance recorded: Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial and agricultural: Commercial and industrial $ 597 $ — $ 289 $ — $ 442 $ — $ 308 $ 1 Commercial mortgages: Construction 226 2 285 2 233 4 293 5 Commercial mortgages, other 3,982 — 3,640 3 3,822 — 3,738 6 Residential mortgages 844 5 388 2 738 10 393 4 Consumer loans: Home equity lines & loans 403 2 163 1 318 3 127 1 With an allowance recorded: Commercial and agricultural: Commercial and industrial 5,665 2 1,817 — 5,781 2 1,805 — Commercial mortgages: Commercial mortgages, other 3,613 8 7,741 — 4,107 8 5,795 — Consumer loans: Home equity lines and loans 90 — — — 60 — — — Total $ 15,420 $ 19 $ 14,323 $ 8 $ 15,501 $ 27 $ 12,459 $ 17 (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 June 30, 2020 and December 31, 2019 (in thousands): Non-accrual Loans Past Due 90 Days or More and Still Accruing June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Commercial and agricultural: Commercial and industrial $ 6,439 $ 6,147 $ 3 $ 7 Commercial mortgages: Construction 70 80 — — Commercial mortgages, other 6,416 8,407 — — Residential mortgages 2,537 2,155 — — Consumer loans: Home equity lines and loans 1,061 641 — — Indirect consumer loans 755 571 — — Direct consumer loans 1 7 — — Total $ 17,279 $ 18,008 $ 3 $ 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 June 30, 2020 and December 31, 2019 (in thousands): June 30, 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 $ 3,796 $ 215 $ 276 $ 4,287 $ 391,993 $ 396,280 Agricultural — — — — 418 418 Commercial mortgages: Construction — — — — 47,329 47,329 Commercial mortgages, other 1,046 347 1,881 3,274 621,937 625,211 Residential mortgages 590 364 733 1,687 207,006 208,693 Consumer loans: Home equity lines and loans 180 53 96 329 85,855 86,184 Indirect consumer loans 499 102 386 987 124,331 125,318 Direct consumer loans 2 1 — 3 13,310 13,313 Total $ 6,113 $ 1,082 $ 3,372 $ 10,567 $ 1,492,179 $ 1,502,746 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 441 277 2,165 2,883 603,605 606,488 Residential mortgages 1,016 803 956 2,775 186,099 188,874 Consumer loans: 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 11 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 tables present loans by class modified as TDRs that occurred during the three month period ended June 30, 2020 and June 30, 2019 (dollars in thousands): June 30, 2020 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial and agricultural: Commercial and industrial $ 2 $ 929 $ 929 Commercial mortgages: Commercial mortgages, other 4 1,297 1,297 Residential mortgages 3 677 677 Consumer loans: Home equity lines and loans 3 738 738 Total $ 12 $ 3,641 $ 3,641 The TDRs described above increased the allowance for loan losses by $0.2 million and resulted in no charge-offs during the three month period ended June 30, 2020. There were no loans modified as TDRs during the three month period ended June 30, 2019. The following tables present loans by class modified as TDRs that occurred during the six month period ended June 30, 2020 and June 30, 2019 (dollars in thousands): June 30, 2020 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial and agricultural: Commercial and industrial $ 2 $ 929 $ 929 Commercial mortgages: Commercial mortgages, other 4 1,297 1,297 Residential mortgages 3 677 677 Consumer loans: Home equity lines and loans 3 738 738 Total $ 12 $ 3,641 $ 3,641 June 30, 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
Risk category of the recorded investment of loans by class of loans	Based on the analyses performed as of June 30, 2020 and December 31, 2019, the risk category of the recorded investment of loans by class of loans is as follows (in thousands): June 30, 2020 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 382,873 $ 4,324 $ 3,786 $ 5,297 $ 396,280 Agricultural — 418 — — — 418 Commercial mortgages: Construction — 43,235 546 3,548 — 47,329 Commercial mortgages — 596,641 14,436 11,868 2,266 625,211 Residential mortgages 206,156 — — 2,537 — 208,693 Consumer loans: Home equity lines and loans 85,123 — — 1,061 — 86,184 Indirect consumer loans 124,563 — — 755 — 125,318 Direct consumer loans 13,312 — — 1 — 13,313 Total $ 429,154 $ 1,023,167 $ 19,306 $ 23,556 $ 7,563 $ 1,502,746 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: 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 June 30, 2020 and December 31, 2019 (in thousands): June 30, 2020 Consumer Loans Residential Mortgages Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 206,156 $ 85,123 $ 124,563 $ 13,312 Non-Performing 2,537 1,061 755 1 $ 208,693 $ 86,184 $ 125,318 $ 13,313 December 31, 2019 Consumer Loans Residential Mortgages 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)	6 Months Ended
	Jun. 30, 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 June 30, 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 $ 251,307 $ — $ 251,307 $ — Obligations of states and political subdivisions 43,305 — 43,305 — Corporate bonds and notes 2,250 — 2,250 — SBA loan pools 20,199 — 20,199 — Total available for sale securities $ 317,061 $ — $ 317,061 $ — Equity investments, at fair value $ 2,169 $ 1,507 $ — $ 662 Derivative assets 17,893 — 17,893 — Financial Liabilities: Derivative liabilities $ 18,104 $ — $ 17,893 $ 211 There were no transfers between Level 1 and Level 2 during the three and six month periods ended June 30, 2020. 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 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 June 30, 2020 and 2019 (in thousands): Assets (Liabilities) Derivative Liabilities June 30, 2020 June 30, 2019 Balance of recurring Level 3 assets at April 1 $ (430) $ (230) Derivative instruments entered into (6) (11) Total gains or losses for the period: Included in earnings - other non-interest income 225 (124) Included in other comprehensive income — — Transfers out of Level 3 — — Balance of recurring Level 3 assets at June 30, $ (211) $ (365) 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 six month periods ended June 30, 2020 and June 30, 2019 (in thousands): Assets (Liabilities) Derivative Liabilities June 30, 2020 June 30, 2019 Balance of recurring Level 3 assets at January 1 $ (365) $ (140) Derivative instruments entered into (15) (35) Total gains or losses for the period: Included in earnings - other non-interest income 169 (190) Included in other comprehensive income — — Transfers out of Level 3 — — Balance of recurring Level 3 assets at June 30, $ (211) $ (365)
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 June 30, 2020 and 2019 (in thousands): Assets (Liabilities) Derivative Liabilities June 30, 2020 June 30, 2019 Balance of recurring Level 3 assets at April 1 $ (430) $ (230) Derivative instruments entered into (6) (11) Total gains or losses for the period: Included in earnings - other non-interest income 225 (124) Included in other comprehensive income — — Transfers out of Level 3 — — Balance of recurring Level 3 assets at June 30, $ (211) $ (365) 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 six month periods ended June 30, 2020 and June 30, 2019 (in thousands): Assets (Liabilities) Derivative Liabilities June 30, 2020 June 30, 2019 Balance of recurring Level 3 assets at January 1 $ (365) $ (140) Derivative instruments entered into (15) (35) Total gains or losses for the period: Included in earnings - other non-interest income 169 (190) Included in other comprehensive income — — Transfers out of Level 3 — — Balance of recurring Level 3 assets at June 30, $ (211) $ (365)
Nonrecurring fair value measurement, valuation techniques	The following table presents information related to Level 3 recurring fair value measurements at June 30, 2020 and December 31, 2019 (in thousands): Description Fair Value at June 30, Valuation Technique Unobservable Inputs Range [Weighted Average] at June 30, 2020 Derivative liabilities $ 211 Historical trend Credit default rate 0.10% - 5.50% [1.11%] Description Fair Value at December 31, Valuation Technique Unobservable Inputs Range [Weighted Average] at December 31, 2019 Derivative liabilities $ 365 Historical trend Credit default rate 7.30% - 7.30% [7.30%] The following tables present information related to Level 3 non-recurring fair value measurement at June 30, 2020 and December 31, 2019 (in thousands): Description Fair Value at June 30, 2020 Valuation Technique Unobservable Inputs Range [Weighted Average] at June 30, 2020 Impaired loans: Commercial mortgages: Commercial mortgages $ 516 Sales comparison Discount to appraised value 5.84% - 5.84% [5.84%] $ 516 OREO: Commercial mortgages: Commercial mortgages $ 111 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] Residential mortgages 115 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] Consumer loans: Home equity lines and loans 55 Sales comparison Discount to appraised value 31.25% - 31.25% [31.25%] $ 281 Description Fair Value at December 31, 2019 Valuation Technique Unobservable Inputs Range [Weighted Average] at December 31, 2019 Impaired loans: Commercial mortgages: Commercial mortgages 1,554 Sales comparison Discount to appraised value 10.00% - 10.00% [10.00%] $ 1,554 OREO: Commercial mortgages: Commercial mortgages $ 111 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] Residential mortgages 284 Sales comparison Discount to appraised value 20.80% - 35.29% [24.09%] Consumer loans: Home equity lines and loans 122 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] $ 517
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 June 30, 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 $ 516 $ — $ — $ 516 $ 232 Total impaired loans $ 516 $ — $ — $ 516 $ 232 Other real estate owned: Commercial mortgages: Commercial mortgages $ 111 $ — $ — $ 111 $ — Residential mortgages 115 — — 115 — Consumer loans: Home equity lines and loans 55 — — 55 — Total other real estate owned, net $ 281 $ — $ — $ 281 $ — 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)
Carrying value and estimated fair value of financial instruments	The carrying amounts and estimated fair values of other financial instruments, at June 30, 2020 and December 31, 2019, are as follows (in thousands): June 30, 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 $ 28,689 $ 28,689 $ — $ — $ 28,689 Interest-earning deposits in other financial institutions 126,473 126,473 — — 126,473 Equity investments 2,169 1,507 — 662 2,169 Securities held to maturity 3,597 — 2,892 754 3,646 FHLBNY and FRBNY stock 3,150 — — — N/A Loans, net and loans held for sale 1,475,359 — — 1,489,509 1,489,509 Accrued interest receivable 5,611 1 862 4,748 5,611 Derivative Assets 17,893 — 17,893 — 17,893 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,640,546 $ 1,640,546 $ — $ — $ 1,640,546 Time deposits 170,710 — 174,034 — 174,034 Accrued interest payable 254 9 245 — 254 Derivative Liabilities 18,104 — 17,893 211 18,104 (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)	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Assets and Liabilities, Lessee	Leased branch properties at June 30, 2020 and December 31, 2019 consist of the following (in thousands): June 30, 2020 December 31, 2019 Operating lease right-of-use asset $ 8,713 $ 8,713 Less: accumulated amortization (1,063) (712) Operating lease right-of-use-assets, net $ 7,650 $ 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 June 30, 2020 (in thousands): Year Amount 2020 $ 466 2021 930 2022 869 2023 889 2024 880 2025 and thereafter 5,347 Total minimum lease payments 9,381 Less: amount representing interest (1,629) Present value of net minimum lease payments $ 7,752
Property, Plant and Equipment	The Corporation has included these leases in premises and equipment as of June 30, 2020 and December 31, 2019 as follows (in thousands): June 30, 2020 December 31, 2019 Buildings $ 5,572 $ 5,572 Less: accumulated depreciation (1,708) (1,541) Net book value $ 3,864 $ 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 June 30, 2020 (in thousands): Year Amount 2020 $ 189 2021 388 2022 391 2023 391 2024 391 2025 and thereafter 3,250 Total minimum lease payments 5,000 Less: amount representing interest (1,031) Present value of net minimum lease payments $ 3,969

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in goodwill	The changes in goodwill included in the core banking segment during the six month periods ended June 30, 2020 and 2019 were as follows (in thousands): 2020 2019 Beginning of year $ 21,824 $ 21,824 Acquired goodwill — — Ending balance June 30, $ 21,824 $ 21,824
Schedule of acquired finite-lived intangible assets by major class	Acquired intangible assets were as follows at June 30, 2020 and December 31, 2019 (in thousands): At June 30, 2020 At December 31, 2019 Balance Acquired Accumulated Amortization Balance Acquired Accumulated Amortization Core deposit intangibles $ 5,975 $ 5,906 $ 5,975 $ 5,832 Other customer relationship intangibles 5,633 5,211 5,633 5,034 Total $ 11,608 $ 11,117 $ 11,608 $ 10,866
Schedule of expected amortization expense	The remaining estimated aggregate amortization expense at June 30, 2020 is listed below (in thousands): Year Estimated Expense 2020 $ 233 2021 258 2022 — 2023 — 2024 — Total $ 491

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2020 and December 31, 2019 (in thousands): June 30, 2020 December 31, 2019 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 38,445 $ 23,485 $ 15,560 $ 25,233 Unused lines of credit 450 250,744 1,062 229,137 Standby letters of credit — 15,095 — 16,272

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2020
Equity [Abstract]
Components of accumulated other comprehensive loss	The following is a summary of the changes in accumulated other comprehensive income (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 April 1, 2020 $ 7,064 $ (7,146) $ (82) Other comprehensive income before reclassification 2,209 — 2,209 Amounts reclassified from accumulated other comprehensive income — 15 15 Net current period other comprehensive income 2,209 15 2,224 Balance at June 30, 2020 $ 9,273 $ (7,131) $ 2,142 Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at April 1, 2019 $ (2,090) $ (6,752) $ (8,842) Other comprehensive income before reclassification 2,891 — 2,891 Amounts reclassified from accumulated other comprehensive income (14) 14 — Net current period other comprehensive income 2,877 14 2,891 Balance at June 30, 2019 $ 787 $ (6,738) $ (5,951) 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 7,905 — 7,905 Amounts reclassified from accumulated other comprehensive income — 36 36 Net current period other comprehensive income 7,905 36 7,941 Balance at June 30, 2020 $ 9,273 $ (7,131) $ 2,142 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 income before reclassification 5,447 — 5,447 Amounts reclassified from accumulated other comprehensive income (14) 27 13 Net current period other comprehensive income 5,433 27 5,460 Balance at June 30, 2019 $ 787 $ (6,738) $ (5,951)
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 Unrealized gains and losses on securities available for sale: Realized gains on securities available for sale $ — $ (19) Net gains on securities transactions Tax effect — 5 Income tax expense Net of tax — (14) Amortization of defined pension plan and other benefit plan items: Net gain (loss) arising during the period — — 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 (7) (4) Income tax expense Net of tax 15 14 Total reclassification for the period, net of tax $ 15 $ — (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). Details about Accumulated Other Comprehensive Income Components Six Months Ended Affected Line Item 2020 2019 Unrealized gains and losses on securities available for sale: Realized gains on securities available for sale $ — $ (19) Net gains on securities transactions Tax effect — 5 Income tax expense Net of tax — (14) Amortization of defined pension plan and other benefit plan items: Net gain (loss) arising during the period — — Prior service costs (a) (110) (110) Other components of net periodic pension and postretirement benefits Actuarial losses (a) 154 146 Other components of net periodic pension and postretirement benefits Tax effect (8) (9) Income tax expense Net of tax 36 27 Total reclassification for the period, net of tax $ 36 $ 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)	6 Months Ended
	Jun. 30, 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 and six months ended June 30, 2020 and 2019 (in thousands). Items outside the scope of ASC 606 are noted as such. Three Months Ended June 30, 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 $ 421 $ — $ — $ 421 Other 143 — — 143 Interchange revenue from debit card transactions 982 — — 982 WMG fee income — 2,323 — 2,323 CFS fee and commission income — — 153 153 Net gains (losses) on sales of OREO (48) — — (48) Net gains on sales of loans (a) 288 — — 288 Loan servicing fees (a) 29 — — 29 Changes in fair value of equity investments (a) 145 — 11 156 Income from bank-owned life insurance (a) 14 — — 14 Other (a) 638 — (19) 619 Total non-interest income (loss) $ 2,612 $ 2,323 $ 145 $ 5,080 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Three Months Ended June 30, 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 $ 856 $ — $ — $ 856 Other 229 — — 229 Interchange revenue from debit card transactions 1,024 — — 1,024 WMG fee income — 2,524 — 2,524 CFS fee and commission income — — 189 189 Net gains (losses) on sales of OREO (3) — — (3) Net gains on sales of loans (a) 29 — — 29 Loan servicing fees (a) 16 — — 16 Net gains on sales of securities (a) 19 — — 19 Changes in fair value of equity investments (a) 27 — — 27 Income from bank-owned life insurance (a) 16 — — 16 Other (a) 302 — (142) 160 Total non-interest income $ 2,515 $ 2,524 $ 47 $ 5,086 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Six Months Ended June 30, 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 $ 1,226 $ — $ — $ 1,226 Other 328 — — 328 Interchange revenue from debit card transactions 1,907 — 1,907 WMG fee income — 4,552 — 4,552 CFS fee and commission income — — 330 330 Net gains (losses) on sales of OREO (77) — — (77) Net gains on sales of loans (a) 363 — — 363 Loan servicing fees (a) 56 — — 56 Changes in fair value of equity investments (a) (22) — (68) (90) Income from bank-owned life insurance (a) 133 — — 133 Other (a) 1,062 — 20 1,082 Total non-interest income $ 4,976 $ 4,552 $ 282 $ 9,810 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Six Months Ended June 30, 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 $ 1,744 $ — $ — $ 1,744 Other 445 — — 445 Interchange revenue from debit card transactions 2,055 — — 2,055 WMG fee income — 4,800 — 4,800 CFS fee and commission income — — 357 357 Net gains (losses) on sales of OREO (86) — — (86) Net gains on sales of loans (a) 77 — — 77 Loan servicing fees (a) 51 — — 51 Net gains on sales of securities (a) 19 — — 19 Changes in fair value of equity investments (a) 100 — 16 116 Income from bank-owned life insurance (a) 31 — — 31 Other (a) 544 — (142) 402 Total non-interest income $ 4,980 $ 4,800 $ 231 $ 10,011 (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)	6 Months Ended
	Jun. 30, 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 Six Months Ended 2020 2019 2020 2019 Qualified Pension Plan Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 322 378 644 757 Expected return on plan assets (610) (553) (1,220) (1,107) Amortization of unrecognized transition obligation — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss 49 49 98 98 Net periodic pension benefit $ (239) $ (126) $ (478) $ (252) Supplemental Pension Plan Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 10 13 20 26 Expected return on plan assets — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss 3 1 6 2 Net periodic supplemental pension cost $ 13 $ 14 $ 26 $ 28 Postretirement Plan, Medical and Life Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 2 3 4 6 Expected return on plan assets — — — — Amortization of unrecognized prior service cost (55) (55) (110) (110) Amortization of unrecognized net loss 25 23 50 46 Net periodic postretirement, medical and life benefit $ (28) $ (29) $ (56) $ (58)

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2020 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 16,459 $ — $ 13 $ 16,472 Interest expense 881 — — 881 Net interest income 15,578 — 13 15,591 Provision for loan losses 260 — — 260 Net interest income after provision for loan losses 15,318 — 13 15,331 Other non-interest income 2,612 2,323 145 5,080 Other non-interest expenses 11,279 1,647 301 13,227 Income (loss) before income tax expense (benefit) 6,651 676 (143) 7,184 Income tax expense (benefit) 1,223 173 (39) 1,357 Segment net income (loss) $ 5,428 $ 503 $ (104) $ 5,827 Three months ended June 30, 2019 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 16,669 $ — $ 13 $ 16,682 Interest expense 1,581 — — 1,581 Net interest income 15,088 — 13 15,101 Provision for loan losses 150 — — 150 Net interest income after provision for loan losses 14,938 — 13 14,951 Other non-interest income 2,515 2,524 47 5,086 Other non-interest expenses 11,924 1,571 328 13,823 Income (loss) before income tax expense (benefit) 5,529 953 (268) 6,214 Income tax expense (benefit) 1,028 243 (38) 1,233 Segment net income (loss) $ 4,501 $ 710 $ (230) $ 4,981 Six months ended June 30, 2020 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 32,826 $ — $ 30 $ 32,856 Interest expense 2,203 — — 2,203 Net interest income 30,623 — 30 30,653 Provision for loan losses 3,310 — — 3,310 Net interest income after provision for loan losses 27,313 — 30 27,343 Other non-interest income 4,976 4,552 282 9,810 Other non-interest expenses 23,161 3,249 566 26,976 Income (loss) before income tax expense (benefit) 9,128 1,303 (254) 10,177 Income tax expense (benefit) 1,613 334 (88) 1,859 Segment net income (loss) $ 7,515 $ 969 $ (166) $ 8,318 Segment assets $ 2,040,937 $ 3,063 $ 6,921 $ 2,050,921 Six months ended June 30, 2019 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 33,321 $ — $ 26 $ 33,347 Interest expense 3,079 — — 3,079 Net interest income 30,242 — 26 30,268 Provision for loan losses 1,243 — — 1,243 Net interest income after provision for loan losses 28,999 — 26 29,025 Other non-interest income 4,980 4,800 231 10,011 Legal accruals and settlements — — — — Other non-interest expenses 23,549 3,146 625 27,320 Income (loss) before income tax expense (benefit) 10,430 1,654 (368) 11,716 Income tax expense (benefit) 1,917 422 (72) 2,267 Segment net income (loss) $ 8,513 $ 1,232 $ (296) $ 9,449 Segment assets $ 1,742,927 $ 3,574 $ 6,496 $ 1,752,997

STOCK COMPENSATION (Tables)

STOCK COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
Summary of restricted stock activity	A summary of restricted stock activity for the three month period ended June 30, 2020 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at April 1, 2020 31,368 $ 43.33 Granted — — Vested (1,552) 43.16 Forfeited or cancelled — — Nonvested at June 30, 2020 29,816 $ 43.34 A summary of restricted stock activity for the six month period ended June 30, 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 (3,902) 42.18 Forfeited or cancelled (112) 44.72 Nonvested at June 30, 2020 29,816 $ 43.34

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Jan. 01, 2019
Property, Plant and Equipment [Line Items]
Operating lease right-of-use assets	$ 7,650		$ 7,650		$ 8,001
Operating lease liabilities	7,752		7,752		$ 8,084
Provision for loan losses	260	$ 150	3,310	$ 1,243
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	$ 2,220	$ 70	3,823	$ 1,359
COVID-19 | Commercial loan portfolio
Property, Plant and Equipment [Line Items]
Provision for loan losses			$ 245,100
Provision for loan losses, percent			27.90%

EARNING PER COMMON SHARE (Detai

EARNING PER COMMON SHARE (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Weighted average number of shares outstanding (in shares)	4,850,000	4,866,000	4,868,000	4,863,000
Dilutive common stock equivalents (in shares)	0	0	0	0

SECURITIES - Securities Availab

SECURITIES - Securities Available for Sale (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	$ 304,616		$ 304,616		$ 282,256
Unrealized Gains	12,546		12,546		3,146
Unrealized Losses	101		101		1,312
Estimated Fair Value	317,061		317,061		284,090
Amortized Cost [Abstract]
Within one year	285		285
After one, but within five years	23,248		23,248
After five, but within ten years	18,720		18,720
After ten years	759		759
Total	43,012		43,012
Amortized Cost	304,616		304,616		282,256
Fair Value [Abstract]
Within one year	285		285
After one, but within five years	24,569		24,569
After five, but within ten years	19,900		19,900
After ten years	801		801
Total	45,555		45,555
Estimated Fair Value	317,061		317,061		284,090
Debt Securities, Available-for-sale, Realized Gain (Loss) [Abstract]
Proceeds form sale of securities resulting in gain (loss)	0	$ 15,200	0	$ 15,200
Debt Securities, Available-for-sale, Realized Gain	0	79	0	79
Debt Securities, Available-for-sale, Realized Loss	0	(60)	0	(60)
Tax Expense from the Sale of Available-for-Sale Securities	0	$ 5	0	$ 5
Mortgage-backed securities, residential
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	241,357		241,357		225,029
Unrealized Gains	9,951		9,951		1,471
Unrealized Losses	1		1		1,266
Estimated Fair Value	251,307		251,307		225,234
Amortized Cost [Abstract]
Without single maturity date	241,357		241,357
Amortized Cost	241,357		241,357		225,029
Fair Value [Abstract]
Without single maturity date	251,307		251,307
Estimated Fair Value	251,307		251,307		225,234
Obligations of states and political subdivisions
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	40,762		40,762		41,265
Unrealized Gains	2,543		2,543		1,580
Unrealized Losses	0		0		0
Estimated Fair Value	43,305		43,305		42,845
Amortized Cost [Abstract]
Amortized Cost	40,762		40,762		41,265
Fair Value [Abstract]
Estimated Fair Value	43,305		43,305		42,845
Corporate bonds and notes
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	2,250		2,250		250
Unrealized Gains	0		0		0
Unrealized Losses	0		0		0
Estimated Fair Value	2,250		2,250		250
Amortized Cost [Abstract]
Amortized Cost	2,250		2,250		250
Fair Value [Abstract]
Estimated Fair Value	2,250		2,250		250
SBA loan pools
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	20,247		20,247		15,712
Unrealized Gains	52		52		95
Unrealized Losses	100		100		46
Estimated Fair Value	20,199		20,199		15,761
Amortized Cost [Abstract]
Without single maturity date	20,247		20,247
Amortized Cost	20,247		20,247		15,712
Fair Value [Abstract]
Without single maturity date	20,199		20,199
Estimated Fair Value	$ 20,199		$ 20,199		$ 15,761

SECURITIES - Securities Held to

SECURITIES - Securities Held to Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Amortized cost and estimated fair value of securities held to maturity [Abstract]
Securities held to maturity	$ 3,597	$ 3,115
Unrecognized Gains	50	24
Unrecognized Losses	0	0
Securities held to maturity	3,647	3,139
Amortized Cost [Abstract]
Within one year	1,644
After one, but within five years	1,953
After five, but within ten years	0
After ten years	0
Total	3,597
Securities held to maturity	3,597	3,115
Fair Value [Abstract]
Within one year	1,666
After one, but within five years	1,981
After five, but within ten years	0
After ten years	0
Total	3,647
Securities held to maturity	3,647	3,139
Obligations of states and political subdivisions
Amortized cost and estimated fair value of securities held to maturity [Abstract]
Securities held to maturity	754	1,045
Unrecognized Gains	0	0
Unrecognized Losses	0	0
Securities held to maturity	754	1,045
Amortized Cost [Abstract]
Securities held to maturity	754	1,045
Fair Value [Abstract]
Securities held to maturity	754	1,045
Time deposits with other financial institutions
Amortized cost and estimated fair value of securities held to maturity [Abstract]
Securities held to maturity	2,843	2,070
Unrecognized Gains	50	24
Unrecognized Losses	0	0
Securities held to maturity	2,893	2,094
Amortized Cost [Abstract]
Securities held to maturity	2,843	2,070
Fair Value [Abstract]
Securities held to maturity	2,893	$ 2,094
Mortgage-backed securities, residential
Amortized Cost [Abstract]
Without single maturity date	0
Fair Value [Abstract]
Without single maturity date	0
SBA loan pools
Amortized Cost [Abstract]
Without single maturity date	0
Fair Value [Abstract]
Without single maturity date	$ 0

SECURITIES - Investment Securit

SECURITIES - Investment Securities Available for Sale in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value
Less than 12 months	$ 11,378	$ 74,520
12 months or longer	2,526	55,748
Total	13,904	130,268
Unrealized Losses
Less than 12 months	65	800
12 months or longer	36	512
Total	101	1,312
Mortgage-backed securities, residential
Fair Value
Less than 12 months	0	71,506
12 months or longer	1,326	54,343
Total	1,326	125,849
Unrealized Losses
Less than 12 months	0	791
12 months or longer	1	475
Total	1	1,266
SBA loan pools
Fair Value
Less than 12 months	11,378	3,014
12 months or longer	1,200	1,405
Total	12,578	4,419
Unrealized Losses
Less than 12 months	65	9
12 months or longer	35	37
Total	$ 100	$ 46

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN LOSSES - Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	$ 1,497,998	$ 1,309,219
Interest receivable on loans	4,748	3,684
Total recorded investment in loans	1,502,746	1,312,903
Commercial and Agricultural
Composition of loan portfolio [Abstract]
Total recorded investment in loans	396,698	230,922
Commercial Mortgages
Composition of loan portfolio [Abstract]
Total recorded investment in loans	672,540	650,570
Commercial Mortgages | Construction
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	47,180	43,962
Total recorded investment in loans	47,329	44,082
Commercial Mortgages | Commercial mortgages
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	623,261	604,832
Total recorded investment in loans	625,211	606,488
Residential mortgages
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	207,999	188,338
Total recorded investment in loans	208,693	188,874
Consumer Loans
Composition of loan portfolio [Abstract]
Total recorded investment in loans	224,815	242,537
Consumer Loans | Home equity lines and loans
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	85,927	91,784
Total recorded investment in loans	86,184	92,065
Consumer Loans | Indirect consumer loans
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	124,921	134,973
Total recorded investment in loans	125,318	135,366
Consumer Loans | Direct consumer loans
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	13,250	15,038
Total recorded investment in loans	13,313	15,106
Commercial and industrial | Commercial and Agricultural
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	395,044	230,018
Total recorded investment in loans	396,280	230,648
Agricultural | Commercial and Agricultural
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	416	274
Total recorded investment in loans	$ 418	$ 274

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN LOSSES - Allowances (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Jun. 30, 2020	Dec. 31, 2019
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	$ 26,233	$ 19,745	$ 23,478	$ 18,944	$ 18,944
Charge-offs	(2,489)	(405)	(2,921)	(853)
Recoveries	126	166	263	322
Net recoveries (charge-offs)	(2,363)	(239)	(2,658)	(531)
Provision	260	150	3,310	1,243
Ending balance	24,130	19,656	24,130	19,656	23,478
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment						$ 5,706	$ 8,097
Collectively evaluated for impairment						18,424	15,381
Total ending allowance balance	24,130	19,656	23,478	19,656	23,478	24,130	23,478
Loans [Abstract]
Loans individually evaluated for impairment						15,741	15,665
Loans collectively evaluated for  impairment						1,487,005	1,297,238
Total recorded investment in loans						1,502,746	1,312,903
Commercial and Agricultural
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	11,191	5,429	10,227	5,383	5,383
Charge-offs	(36)	(48)	(65)	(55)
Recoveries	5	4	8	15
Net recoveries (charge-offs)	(31)	(44)	(57)	(40)
Provision	(2,833)	91	(1,843)	133
Ending balance	8,327	5,476	8,327	5,476	10,227
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment						5,431	6,000
Collectively evaluated for impairment						2,896	4,227
Total ending allowance balance	8,327	5,476	8,327	5,476	5,383	8,327	10,227
Loans [Abstract]
Loans individually evaluated for impairment						6,572	6,147
Loans collectively evaluated for  impairment						390,126	224,775
Total recorded investment in loans						396,698	230,922
Commercial Mortgages
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	10,472	9,474	8,869	8,184	8,184
Charge-offs	(2,143)	0	(2,143)	0
Recoveries	0	1	0	2
Net recoveries (charge-offs)	(2,143)	1	(2,143)	2
Provision	2,220	70	3,823	1,359
Ending balance	10,549	9,545	10,549	9,545	8,869
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment						213	2,097
Collectively evaluated for impairment						10,336	6,772
Total ending allowance balance	10,549	9,545	8,869	8,184	8,184	10,549	8,869
Loans [Abstract]
Loans individually evaluated for impairment						7,162	8,844
Loans collectively evaluated for  impairment						665,378	641,726
Total recorded investment in loans						672,540	650,570
Residential mortgages
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	1,421	1,215	1,252	1,226	1,226
Charge-offs	(13)	(39)	(13)	(41)
Recoveries	49	45	48	45
Net recoveries (charge-offs)	36	6	35	4
Provision	434	8	604	(1)
Ending balance	1,891	1,229	1,891	1,229	1,252
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment						0	0
Collectively evaluated for impairment						1,891	1,252
Total ending allowance balance	1,891	1,229	1,252	1,226	1,252	1,891	1,252
Loans [Abstract]
Loans individually evaluated for impairment						1,170	525
Loans collectively evaluated for  impairment						207,523	188,349
Total recorded investment in loans						208,693	188,874
Consumer Loans
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	3,149	3,627	3,130	4,151	4,151
Charge-offs	(297)	(318)	(700)	(757)
Recoveries	72	116	207	260
Net recoveries (charge-offs)	(225)	(202)	(493)	(497)
Provision	439	(19)	726	(248)
Ending balance	3,363	3,406	3,363	3,406	3,130
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment						62	0
Collectively evaluated for impairment						3,301	3,130
Total ending allowance balance	$ 3,363	$ 3,406	$ 3,130	$ 4,151	$ 3,130	3,363	3,130
Loans [Abstract]
Loans individually evaluated for impairment						837	149
Loans collectively evaluated for  impairment						223,978	242,388
Total recorded investment in loans						$ 224,815	$ 242,537

LOANS AND ALLOWANCE FOR LOAN _5

LOANS AND ALLOWANCE FOR LOAN LOSSES - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Unpaid Principal Balance [Abstract]
Unpaid principal balance, total	$ 17,915		$ 17,915		$ 15,712
Recorded Investment [Abstract]
Recorded investment, total	15,741		15,741		15,665
Allowance for loan losses allocated	5,706		5,706		8,097
Average Recorded Investment [Abstract]
Average recorded investment, total	15,420	$ 14,323	15,501	$ 12,459
Interest Income, Accrual Method [Abstract]
Interest income, accrual method, total	19	8	27	17
Commercial Mortgages | Construction
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	219		219		247
Recorded Investment [Abstract]
With no related allowance, recorded investment	220		220		247
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	226	285	233	293
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	2	2	4	5
Commercial Mortgages | Commercial mortgages, other
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	6,887		6,887		3,501
With related allowance, Unpaid Principal Balance	2,197		2,197		5,093
Recorded Investment [Abstract]
With no related allowance, recorded investment	4,743		4,743		3,503
With related allowance, recorded investment	2,199		2,199		5,094
Allowance for loan losses allocated	213		213		2,097
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	3,982	3,640	3,822	3,738
With related allowance, average recorded investment	3,613	7,741	4,107	5,795
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	0	3	0	6
With related allowance, interest income, accrual method	8	0	8	0
Residential mortgages
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	1,190		1,190		554
Recorded Investment [Abstract]
With no related allowance, recorded investment	1,170		1,170		525
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	844	388	738	393
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	5	2	10	4
Consumer Loans | Home equity lines and loans
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	672		672		171
With related allowance, Unpaid Principal Balance	180		180		0
Recorded Investment [Abstract]
With no related allowance, recorded investment	657		657		149
With related allowance, recorded investment	180		180		0
Allowance for loan losses allocated	62		62		0
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	403	163	318	127
With related allowance, average recorded investment	90	0	60	0
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	2	1	3	1
With related allowance, interest income, accrual method	0	0	0	0
Commercial and industrial | Commercial and agricultural
Unpaid Principal Balance [Abstract]
With no related allowance, unpaid principal balance	1,089		1,089		133
With related allowance, Unpaid Principal Balance	5,481		5,481		6,013
Recorded Investment [Abstract]
With no related allowance, recorded investment	1,088		1,088		133
With related allowance, recorded investment	5,484		5,484		6,014
Allowance for loan losses allocated	5,431		5,431		$ 6,000
Average Recorded Investment [Abstract]
With no related allowance, average recorded investment	597	289	442	308
With related allowance, average recorded investment	5,665	1,817	5,781	1,805
Interest Income, Accrual Method [Abstract]
With no related allowance, interest income, accrual method	0	0	0	1
With related allowance, interest income, accrual method	$ 2	$ 0	$ 2	$ 0

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN LOSSES - Receivables Past Due (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Non-accrual	$ 17,279	$ 18,008
Loans Past Due 90 Days or More and Still Accruing	3	7
Aging of the recorded investment in loans past due [Abstract]
Past Due	10,567	14,370
Loans Not Past Due	1,492,179	1,298,533
Total recorded investment in loans	1,502,746	1,312,903
30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	6,113	4,672
60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,082	1,668
90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	3,372	8,029
Commercial and agricultural
Aging of the recorded investment in loans past due [Abstract]
Total recorded investment in loans	396,698	230,922
Commercial Mortgages
Aging of the recorded investment in loans past due [Abstract]
Total recorded investment in loans	672,540	650,570
Commercial Mortgages | Construction
Financing Receivable, Past Due [Line Items]
Non-accrual	70	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	47,329	44,082
Total recorded investment in loans	47,329	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	6,416	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	3,274	2,883
Loans Not Past Due	621,937	603,605
Total recorded investment in loans	625,211	606,488
Commercial Mortgages | Commercial mortgages | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,046	441
Commercial Mortgages | Commercial mortgages | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	347	277
Commercial Mortgages | Commercial mortgages | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,881	2,165
Residential mortgages
Financing Receivable, Past Due [Line Items]
Non-accrual	2,537	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	1,687	2,775
Loans Not Past Due	207,006	186,099
Total recorded investment in loans	208,693	188,874
Residential mortgages | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	590	1,016
Residential mortgages | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	364	803
Residential mortgages | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	733	956
Consumer Loans
Aging of the recorded investment in loans past due [Abstract]
Total recorded investment in loans	224,815	242,537
Consumer Loans | Home equity lines and loans
Financing Receivable, Past Due [Line Items]
Non-accrual	1,061	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	329	653
Loans Not Past Due	85,855	91,412
Total recorded investment in loans	86,184	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	180	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	53	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	96	149
Consumer Loans | Indirect consumer loans
Financing Receivable, Past Due [Line Items]
Non-accrual	755	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	987	2,278
Loans Not Past Due	124,331	133,088
Total recorded investment in loans	125,318	135,366
Consumer Loans | Indirect consumer loans | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	499	1,546
Consumer Loans | Indirect consumer loans | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	102	377
Consumer Loans | Indirect consumer loans | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	386	355
Consumer Loans | Direct consumer loans
Financing Receivable, Past Due [Line Items]
Non-accrual	1	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	3	49
Loans Not Past Due	13,310	15,057
Total recorded investment in loans	13,313	15,106
Consumer Loans | Direct consumer loans | 30 - 59 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	2	32
Consumer Loans | Direct consumer loans | 60 - 89 Days Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	1	11
Consumer Loans | Direct consumer loans | 90 Days or More Past Due
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	6
Commercial and industrial | Commercial and agricultural
Financing Receivable, Past Due [Line Items]
Non-accrual	6,439	6,147
Loans Past Due 90 Days or More and Still Accruing	3	7
Aging of the recorded investment in loans past due [Abstract]
Past Due	4,287	5,732
Loans Not Past Due	391,993	224,916
Total recorded investment in loans	396,280	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	3,796	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	215	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	276	4,398
Agricultural | Commercial and agricultural
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Loans Not Past Due	418	274
Total recorded investment in loans	418	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 Narrative (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)loancontractborrower	Jun. 30, 2019contractloan	Jun. 30, 2020USD ($)loancontract	Jun. 30, 2019USD ($)loancontract	Dec. 31, 2019USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	12		12	1
Financing Receivable, Troubled Debt Restructuring, Postmodification | $	$ 3,641,000		$ 3,641,000	$ 137,000
Financing Receivable, Troubled Debt Restructuring | $	9,800,000		9,800,000		$ 9,000,000
Financing Receivable, Troubled Debt Restructuring, Purchased with Credit Deterioration, Increase | $	600,000		600,000		2,300,000
Financing Receivable, Modifications, Recorded Investment, Still Accruing | $	1,400,000		1,400,000		900,000
Financing Receivable, Modifications, Recorded Investment, Nonaccrual Status | $	8,400,000		8,400,000		8,100,000
Additional Amounts Committed to Customers with Loans Classified as Troubled Debt Restructurings | $	29,000		29,000		$ 17,000
Allowance for Loan and Lease Losses, Period Increase (Decrease) | $	200,000		$ 200,000
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down | $	$ 0
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts | contract	0	0	0	0
Interest Rate Below Market Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans		0
Financing Receivable, Modifications, Number of Days Past Due	30 days
Interest Rate Below Market Reduction | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	2
Interest Rate Below Market Reduction | Commercial and industrial | Non-accrual Status
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	1
Principal Forgiveness
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing Receivable, Modifications, Extension Period				3 years
Commercial mortgages | Interest Rate Below Market Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	4
Financing Receivable, Modifications, Number of Borrowers | borrower	3
Commercial mortgages | Interest Rate Below Market Reduction | Substandard | Non-accrual Status
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	3
Commercial mortgages | Interest Rate Below Market Reduction | Substandard | Non-accrual Status | 30 - 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	2
Home equity lines and loans | Interest Rate Below Market Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	3
Home equity lines and loans | Interest Rate Below Market Reduction | Substandard | Non-accrual Status
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	3
Residential mortgages | Interest Rate Below Market Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	3
Residential mortgages | Interest Rate Below Market Reduction | Non-accrual Status
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	3
Residential mortgages | Interest Rate Below Market Reduction | Substandard | Non-accrual Status
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	2
Residential mortgages | Interest Rate Below Market Reduction | Substandard | Non-accrual Status | 30 - 59 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	1
Commercial And Consumer Portfolio Segment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans			1,168
Number of Loans Remaining in Modified Status			593
Loan Balance Remaining in Modified Status | $			$ 185,800,000
Financing Receivable, Troubled Debt Restructuring, Postmodification | $			$ 241,600,000
Consumer Loans | Home equity lines and loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans	3		3	1
Financing Receivable, Troubled Debt Restructuring, Postmodification | $	$ 738,000		$ 738,000	$ 137,000
Consumer Loans | Home equity lines and loans | Interest Rate Below Market Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans				1

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN LOSSES - Troubled Debt Restructuring (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020USD ($)loan	Jun. 30, 2020USD ($)loan	Jun. 30, 2019USD ($)loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans | loan	12	12	1
Pre-modification outstanding recorded investment	$ 3,641	$ 3,641	$ 137
Post-modification outstanding recorded investment	$ 3,641	$ 3,641	$ 137
Commercial and agricultural | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans | loan	2	2
Pre-modification outstanding recorded investment	$ 929	$ 929
Post-modification outstanding recorded investment	$ 929	$ 929
Commercial loan portfolio | Commercial mortgages, other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans | loan	4	4
Pre-modification outstanding recorded investment	$ 1,297	$ 1,297
Post-modification outstanding recorded investment	$ 1,297	$ 1,297
Commercial loan portfolio | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans | loan	3	3
Pre-modification outstanding recorded investment	$ 677	$ 677
Post-modification outstanding recorded investment	$ 677	$ 677
Consumer Loans | Home equity lines and loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans | loan	3	3	1
Pre-modification outstanding recorded investment	$ 738	$ 738	$ 137
Post-modification outstanding recorded investment	$ 738	$ 738	$ 137

LOANS AND ALLOWANCE FOR LOAN _9

LOANS AND ALLOWANCE FOR LOAN LOSSES - Credit Quality Indicator (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Finance receivable by credit quality indicator [Abstract]
Loans	$ 1,502,746	$ 1,312,903
Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	429,154	428,037
Pass
Finance receivable by credit quality indicator [Abstract]
Loans	1,023,167	826,396
Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	19,306	18,534
Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	23,556	29,701
Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	7,563	10,235
Commercial and agricultural
Finance receivable by credit quality indicator [Abstract]
Loans	396,698	230,922
Commercial Mortgages
Finance receivable by credit quality indicator [Abstract]
Loans	672,540	650,570
Commercial Mortgages | Construction
Finance receivable by credit quality indicator [Abstract]
Loans	47,329	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	43,235	40,304
Commercial Mortgages | Construction | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	546	168
Commercial Mortgages | Construction | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	3,548	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	625,211	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	596,641	577,266
Commercial Mortgages | Commercial mortgages | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	14,436	12,451
Commercial Mortgages | Commercial mortgages | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	11,868	12,356
Commercial Mortgages | Commercial mortgages | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	2,266	4,415
Residential mortgages
Finance receivable by credit quality indicator [Abstract]
Loans	208,693	188,874
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	208,693	188,874
Residential mortgages | Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	206,156	186,719
Residential mortgages | Non-Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	2,537	2,155
Residential mortgages | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	206,156	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	2,537	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	224,815	242,537
Consumer Loans | Home equity lines and loans
Finance receivable by credit quality indicator [Abstract]
Loans	86,184	92,065
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	86,184	92,065
Consumer Loans | Home equity lines and loans | Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	85,123	91,424
Consumer Loans | Home equity lines and loans | Non-Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	1,061	641
Consumer Loans | Home equity lines and loans | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	85,123	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	1,061	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	125,318	135,366
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	125,318	135,366
Consumer Loans | Indirect consumer loans | Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	124,563	134,795
Consumer Loans | Indirect consumer loans | Non-Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	755	571
Consumer Loans | Indirect consumer loans | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	124,563	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	755	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	13,313	15,106
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	13,313	15,106
Consumer Loans | Direct consumer loans | Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	13,312	15,099
Consumer Loans | Direct consumer loans | Non-Performing
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	1	7
Consumer Loans | Direct consumer loans | Not Rated
Finance receivable by credit quality indicator [Abstract]
Loans	13,312	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	1	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	396,280	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	382,873	208,552
Commercial and industrial | Commercial and agricultural | Special Mention
Finance receivable by credit quality indicator [Abstract]
Loans	4,324	5,915
Commercial and industrial | Commercial and agricultural | Substandard
Finance receivable by credit quality indicator [Abstract]
Loans	3,786	10,361
Commercial and industrial | Commercial and agricultural | Doubtful
Finance receivable by credit quality indicator [Abstract]
Loans	5,297	5,820
Agricultural | Commercial and agricultural
Finance receivable by credit quality indicator [Abstract]
Loans	418	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	418	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		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Financial Assets:
Estimated Fair Value	$ 317,061,000		$ 317,061,000		$ 284,090,000
Impaired Loans, Fair Value Disclosure [Abstract]
Level 2 to level 1 transfer amount	0	$ 0	0	$ 0
Total Gains (Losses)	(260,000)	(150,000)	(3,310,000)	(1,243,000)
Recurring
Financial Assets:
Mortgage-backed securities, residential	251,307,000		251,307,000		225,234,000
Obligations of states and political subdivisions	43,305,000		43,305,000		42,845,000
Corporate bonds and notes	2,250,000		2,250,000		250,000
SBA loan pools	20,199,000		20,199,000		15,761,000
Estimated Fair Value	317,061,000		317,061,000		284,090,000
Equity investments	2,169,000		2,169,000		1,442,000
Derivative Asset	17,893,000		17,893,000		6,466,000
Financial Liabilities:
Derivative Liabilities	18,104,000		18,104,000		6,831,000
Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	516,000		516,000		1,554,000
Total Gains (Losses)			232,000		(1,597,000)
Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	281,000		281,000		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		0
Obligations of states and political subdivisions	0		0		0
Corporate bonds and notes	0		0		0
SBA loan pools	0		0		0
Estimated Fair Value	0		0		0
Equity investments	1,507,000		1,507,000		1,442,000
Derivative Asset	0		0		0
Financial Liabilities:
Derivative Liabilities	0		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		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		0
Significant Other Observable Inputs (Level 2) | Recurring
Financial Assets:
Mortgage-backed securities, residential	251,307,000		251,307,000		225,234,000
Obligations of states and political subdivisions	43,305,000		43,305,000		42,845,000
Corporate bonds and notes	2,250,000		2,250,000		250,000
SBA loan pools	20,199,000		20,199,000		15,761,000
Estimated Fair Value	317,061,000		317,061,000		284,090,000
Equity investments	0		0		0
Derivative Asset	17,893,000		17,893,000		6,466,000
Financial Liabilities:
Derivative Liabilities	17,893,000		17,893,000		6,466,000
Significant Other Observable Inputs (Level 2) | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0		0		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		0
Significant Unobservable Inputs (Level 3) | Recurring
Financial Assets:
Mortgage-backed securities, residential	0		0		0
Obligations of states and political subdivisions	0		0		0
Corporate bonds and notes	0		0		0
SBA loan pools	0		0		0
Estimated Fair Value	0		0		0
Equity investments	662,000		662,000		0
Derivative Asset	0		0		0
Financial Liabilities:
Derivative Liabilities	211,000		211,000		365,000
Significant Unobservable Inputs (Level 3) | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	516,000		516,000		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	281,000		281,000		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		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		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		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		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)	(2,220,000)	(70,000)	(3,823,000)	(1,359,000)
Commercial Mortgages | Commercial mortgages | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	516,000		516,000		1,554,000
Total Gains (Losses)			232,000		(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		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		0
Commercial Mortgages | Commercial mortgages | Significant Unobservable Inputs (Level 3) | Non-recurring | Impaired Loans:
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	516,000		516,000		1,554,000
Residential mortgages
Impaired Loans, Fair Value Disclosure [Abstract]
Total Gains (Losses)	(434,000)	(8,000)	(604,000)	1,000
Residential mortgages | Non-recurring | Other real estate owned:
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	115,000		115,000		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		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		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	115,000		115,000		$ 284,000
Consumer Loans
Impaired Loans, Fair Value Disclosure [Abstract]
Total Gains (Losses)	(439,000)	$ 19,000	(726,000)	$ 248,000
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	55,000		55,000
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		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		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	$ 55,000		$ 55,000

FAIR VALUE - Unobservable Input

FAIR VALUE - Unobservable Inputs (Details) - Derivative Liabilities - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Derivative Liabilities
Balance of recurring Level 3 assets at beginning of period	$ (430)	$ (230)	$ (365)	$ (140)
Derivative instruments entered into	(6)	(11)	(15)	(35)
Included in earnings - other non-interest income	225	(124)	169	(190)
Included in other comprehensive income	0	0	0	0
Transfers out of Level 3	0	0	0	0
Balance of recurring Level 3 assets at end of period	$ (211)	$ (365)	$ (211)	$ (365)

FAIR VALUE - Quantitative Infor

FAIR VALUE - Quantitative Information (Details) - Significant Unobservable Inputs (Level 3) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Impaired Loans: | Non-recurring
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 516	$ 1,554
Other real estate owned: | Non-recurring
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 281	$ 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	$ 516	$ 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	5.84%	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	5.84%	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	5.84%	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	20.80%	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	20.80%	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	20.80%	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	$ 115	$ 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	$ 55	$ 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	31.25%	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	31.25%	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	31.25%	20.80%
Derivative Liabilities | Recurring | Historical trend
Information related to Level 3 non-recurring fair value measurement [Abstract]
Liabilities, fair value disclosure	$ 211	$ 365
Derivative Liabilities | Recurring | Historical trend | Minimum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Credit default rate	0.10%	7.30%
Derivative Liabilities | Recurring | Historical trend | Maximum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Credit default rate	5.50%	7.30%
Derivative Liabilities | Recurring | Historical trend | Weighted Average
Information related to Level 3 non-recurring fair value measurement [Abstract]
Credit default rate	1.11%	7.30%

FAIR VALUE - Carrying Amounts a

FAIR VALUE - Carrying Amounts and Estimated Fair Values of Other Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financial assets:
Cash and due from financial institutions	$ 28,689	$ 25,203
Interest-earning deposits in other financial institutions	126,473	96,701
Securities available for sale	317,061	284,090
Securities held to maturity	3,647	3,139
Accrued interest receivable	4,748	3,684
Recurring
Financial assets:
Securities available for sale	317,061	284,090
Derivative Asset	17,893	6,466
Financial liabilities:
Derivative Liabilities	18,104	6,831
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Cash and due from financial institutions	28,689	25,203
Interest-earning deposits in other financial institutions	126,473	96,701
Equity investments	1,507	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	1	63
Derivative Asset	0	0
Financial liabilities:
Demand, savings, and insured money market accounts	1,640,546	1,410,962
Time deposits	0	0
Accrued interest payable	9	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	317,061	284,090
Securities held to maturity	2,892	2,094
FHLBNY and FRBNY stock	0	0
Loans, net and loans held for sale	0	0
Accrued interest receivable	862	885
Derivative Asset	17,893	6,466
Financial liabilities:
Demand, savings, and insured money market accounts	0	0
Time deposits	174,034	163,761
Accrued interest payable	245	272
Derivative Liabilities	17,893	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	662	0
Securities available for sale	0	0
Securities held to maturity	754	1,045
FHLBNY and FRBNY stock	0	0
Loans, net and loans held for sale	1,489,509	1,285,215
Accrued interest receivable	4,748	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	211	365
Recurring | Carrying Amount
Financial assets:
Cash and due from financial institutions	28,689	25,203
Interest-earning deposits in other financial institutions	126,473	96,701
Equity investments	2,169	2,174
Securities available for sale		284,090
Securities held to maturity	3,597	3,115
FHLBNY and FRBNY stock	3,150	3,099
Loans, net and loans held for sale	1,475,359	1,286,926
Accrued interest receivable	5,611	4,633
Derivative Asset	17,893	6,466
Financial liabilities:
Demand, savings, and insured money market accounts	1,640,546	1,410,962
Time deposits	170,710	161,176
Accrued interest payable	254	299
Derivative Liabilities	18,104	6,831
Recurring | Estimated Fair Value
Financial assets:
Cash and due from financial institutions	28,689	25,203
Interest-earning deposits in other financial institutions	126,473	96,701
Equity investments	2,169	2,174
Securities available for sale		284,090
Securities held to maturity	3,646	3,139
Loans, net and loans held for sale	1,489,509	1,285,215
Accrued interest receivable	5,611	4,633
Derivative Asset	17,893	6,466
Financial liabilities:
Demand, savings, and insured money market accounts	1,640,546	1,410,962
Time deposits	174,034	163,761
Accrued interest payable	254	299
Derivative Liabilities	$ 18,104	$ 6,831

LEASES - Narrative (Details)

LEASES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Lessee, Lease, Description [Line Items]
Operating lease, weighted average remaining lease term (in years)					8 years 9 months 18 days
Operating lease, weighted average discount rate					3.27%
Operating lease, rent expense	$ 200		$ 500
Finance lease, weighted average remaining lease term (in years)	12 years 6 months		12 years 6 months
Finance lease, weighted average discount rate	3.35%		3.35%
Director
Lessee, Lease, Description [Line Items]
Operating lease, rent expense	$ 26	$ 21	$ 51	$ 45
1365 New Scotland Road, Slingerlands, New York | Director
Lessee, Lease, Description [Line Items]
Operating lease, rent expense	$ 14	$ 16	27	$ 28
Operating lease, monthly rent expense			3
2 Rush Street, Schenectady, New York | Director
Lessee, Lease, Description [Line Items]
Operating lease, monthly rent expense			$ 7

LEASES - Leased Branch Properti

LEASES - Leased Branch Properties (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease right-of-use asset	$ 8,713	$ 8,713
Less: accumulated amortization	(1,063)	(712)
Operating lease right-of-use-assets, net	$ 7,650	$ 8,001

LEASES - Maturities of Operatin

LEASES - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
2020	$ 466
2021	930
2022	869
2023	889
2024	880
2025 and thereafter	5,347
Total minimum lease payments	9,381
Less: amount representing interest	(1,629)
Operating lease liabilities	$ 7,752	$ 8,084

LEASES - Premises and Equipment

LEASES - Premises and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Buildings	$ 5,572	$ 5,572
Less: accumulated depreciation	(1,708)	(1,541)
Net book value	$ 3,864	$ 4,031

LEASES - Future Minimum Lease P

LEASES - Future Minimum Lease Payment Obligations Under Capital Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
2020	$ 189
2021	388
2022	391
2023	391
2024	391
2025 and thereafter	3,250
Total minimum lease payments	5,000
Less: amount representing interest	(1,031)
Present value of net minimum lease payments	$ 3,969	$ 4,085

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 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	21,824	21,824
Finite-lived intangible assets, net [Abstract]
Balance Acquired			11,608		11,608
Accumulated Amortization	11,117		11,117		10,866
Aggregate amortization expense	119	$ 151	251	$ 314
Finite-lived intangible assets, future amortization expense [Abstract]
2020	233		233
2021	258		258
2022	0		0
2023	0		0
2024	0		0
Total	491		491
Core deposit intangibles
Finite-lived intangible assets, net [Abstract]
Balance Acquired			5,975		5,975
Accumulated Amortization	5,906		5,906		5,832
Other customer relationship intangibles
Finite-lived intangible assets, net [Abstract]
Balance Acquired			5,633		5,633
Accumulated Amortization	$ 5,211		$ 5,211		$ 5,034

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	Apr. 23, 2020	Feb. 04, 2020	Jun. 30, 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
Proceeds from participation agreement	$ 461,309
Commitments to make loans | Fixed Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments			$ 38,445,000	$ 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			23,485,000	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			450,000	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			250,744,000	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			$ 15,095,000	$ 16,272,000

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Summary of Changes in Accumulated Other Comprehensive Income or Loss by Component (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balances	$ 190,447	$ 171,534	$ 182,627	$ 165,029
Other comprehensive income before reclassification	2,209	2,891	7,905	5,447
Amounts reclassified from accumulated other comprehensive income	15	0	36	13
Total other comprehensive income	2,224	2,891	7,941	5,460
Ending balances	194,589	178,387	194,589	178,387
Total
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balances	(82)	(8,842)	(5,799)	(11,411)
Total other comprehensive income	2,224	2,891	7,941	5,460
Ending balances	2,142	(5,951)	2,142	(5,951)
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	7,064	(2,090)	1,368	(4,646)
Other comprehensive income before reclassification	2,209	2,891	7,905	5,447
Amounts reclassified from accumulated other comprehensive income	0	(14)	0	(14)
Total other comprehensive income	2,209	2,877	7,905	5,433
Ending balances	9,273	787	9,273	787
Defined Benefit and Other Benefit Plans
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balances	(7,146)	(6,752)	(7,167)	(6,765)
Other comprehensive income before reclassification	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	15	14	36	27
Total other comprehensive income	15	14	36	27
Ending balances	$ (7,131)	$ (6,738)	$ (7,131)	$ (6,738)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Details about Accumulated Other Comprehensive Income Components (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense (benefit)	$ 1,357	$ 1,233	$ 1,859	$ 2,267
Pension and other employee benefits	1,334	1,473	2,850	3,018
Net income	5,827	4,981	8,318	9,449
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income	15	0	36	13
Accumulated Other Comprehensive Income (Loss) | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Debt and Equity Securities, Realized Gain (Loss)	0	(19)	0	(19)
Income tax expense (benefit)	0	5	0	5
Net income	0	(14)	0	(14)
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)	(110)	(110)
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	154	146
Accumulated Defined Benefit Plans Adjustment Attributable to Parent | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense (benefit)	(7)	(4)	(8)	(9)
Net income	$ 15	$ 14	$ 36	$ 27

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS - Revenue By Operating Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	$ (48)	$ (3)	$ (77)	$ (86)
Net gains on sales of loans held for sale	288	29	363	77
Net gains on security transactions	0	19	0	19
Changes in fair value of equity investments	156	27	(90)	116
Income from bank owned life insurance	14	16	133	31
Other	801	365	1,468	810
Total non-interest income	5,080	5,086	9,810	10,011
Overdraft fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	421	856	1,226	1,744
Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	143	229	328	445
Interchange revenue from debit card transactions
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	982	1,024	1,907	2,055
WMG fee income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	2,323	2,524	4,552	4,800
CFS fee and commission income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	153	189	330	357
Net gains (losses) on sales of OREO
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	(48)	(3)	(77)	(86)
Net gains on sales of loans
Disaggregation of Revenue [Line Items]
Net gains on sales of loans held for sale	288	29	363	77
Loan servicing fees
Disaggregation of Revenue [Line Items]
Loan servicing fees	29	16	56	51
Sale of securities
Disaggregation of Revenue [Line Items]
Net gains on security transactions		19		19
Income from bank-owned life insurance
Disaggregation of Revenue [Line Items]
Income from bank owned life insurance	14	16	133	31
Other
Disaggregation of Revenue [Line Items]
Other	619	160	1,082	402
Core Banking
Disaggregation of Revenue [Line Items]
Changes in fair value of equity investments	145	27	(22)	100
Total non-interest income	2,612	2,515	4,976	4,980
Core Banking | Overdraft fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	421	856	1,226	1,744
Core Banking | Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	143	229	328	445
Core Banking | Interchange revenue from debit card transactions
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	982	1,024	1,907	2,055
Core Banking | WMG fee income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0	0	0
Core Banking | CFS fee and commission income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0	0	0
Core Banking | Net gains (losses) on sales of OREO
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	(48)	(3)	(77)	(86)
Core Banking | Net gains on sales of loans
Disaggregation of Revenue [Line Items]
Net gains on sales of loans held for sale	288	29	363	77
Core Banking | Loan servicing fees
Disaggregation of Revenue [Line Items]
Loan servicing fees	29	16	56	51
Core Banking | Sale of securities
Disaggregation of Revenue [Line Items]
Net gains on security transactions		19		19
Core Banking | Income from bank-owned life insurance
Disaggregation of Revenue [Line Items]
Income from bank owned life insurance	14	16	133	31
Core Banking | Other
Disaggregation of Revenue [Line Items]
Other	638	302	1,062	544
WMG
Disaggregation of Revenue [Line Items]
Changes in fair value of equity investments	0	0	0	0
Total non-interest income	2,323	2,524	4,552	4,800
WMG | Overdraft fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0	0	0
WMG | Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0	0	0
WMG | Interchange revenue from debit card transactions
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0	0	0
WMG | WMG fee income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	2,323	2,524	4,552	4,800
WMG | CFS fee and commission income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0	0	0
WMG | Net gains (losses) on sales of OREO
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	0	0	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	0	0
WMG | Loan servicing fees
Disaggregation of Revenue [Line Items]
Loan servicing fees	0	0	0	0
WMG | Sale of securities
Disaggregation of Revenue [Line Items]
Net gains on security transactions		0		0
WMG | Income from bank-owned life insurance
Disaggregation of Revenue [Line Items]
Income from bank owned life insurance	0	0	0	0
WMG | Other
Disaggregation of Revenue [Line Items]
Other	0	0	0	0
Holding Company, CFS, and CRM
Disaggregation of Revenue [Line Items]
Changes in fair value of equity investments	11	0	(68)	16
Total non-interest income	145	47	282	231
Holding Company, CFS, and CRM | Overdraft fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0	0	0
Holding Company, CFS, and CRM | Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0	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		0
Holding Company, CFS, and CRM | WMG fee income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, excluding assessed tax	0	0	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	153	189	330	357
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	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	0	0
Holding Company, CFS, and CRM | Loan servicing fees
Disaggregation of Revenue [Line Items]
Loan servicing fees	0	0	0	0
Holding Company, CFS, and CRM | Sale of securities
Disaggregation of Revenue [Line Items]
Net gains on security transactions		0		0
Holding Company, CFS, and CRM | Income from bank-owned life insurance
Disaggregation of Revenue [Line Items]
Income from bank owned life insurance	0	0	0	0
Holding Company, CFS, and CRM | Other
Disaggregation of Revenue [Line Items]
Other	$ (19)	$ (142)	$ 20	$ (142)

COMPONENTS OF QUARTERLY AND Y_3

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Qualified Pension Plan
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost, benefits earned during the period	$ 0	$ 0	$ 0	$ 0
Interest cost on projected benefit obligation	322	378	644	757
Expected return on plan assets	(610)	(553)	(1,220)	(1,107)
Amortization of unrecognized transition obligation	0	0	0	0
Amortization of unrecognized prior service cost	0	0	0	0
Amortization of unrecognized net loss	49	49	98	98
Net periodic pension benefit	(239)	(126)	(478)	(252)
Supplemental Pension Plan
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost, benefits earned during the period	0	0	0	0
Interest cost on projected benefit obligation	10	13	20	26
Expected return on plan assets	0	0	0	0
Amortization of unrecognized prior service cost	0	0	0	0
Amortization of unrecognized net loss	3	1	6	2
Net periodic pension benefit	13	14	26	28
Postretirement Plan, Medical and Life
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost, benefits earned during the period	0	0	0	0
Interest cost on projected benefit obligation	2	3	4	6
Expected return on plan assets	0	0	0	0
Amortization of unrecognized prior service cost	(55)	(55)	(110)	(110)
Amortization of unrecognized net loss	25	23	50	46
Net periodic pension benefit	$ (28)	$ (29)	$ (56)	$ (58)

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)segment	Jun. 30, 2019USD ($)	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	$ 16,472	$ 16,682	$ 32,856	$ 33,347
Interest expense	881	1,581	2,203	3,079
Net interest income	15,591	15,101	30,653	30,268
Provision for loan losses	260	150	3,310	1,243
Net interest income after provision for loan losses	15,331	14,951	27,343	29,025
Other non-interest income	5,080	5,086	9,810	10,011
Legal accruals and settlements				0
Other non-interest expenses	13,227	13,823	26,976	27,320
Income (loss) before income tax expense (benefit)	7,184	6,214	10,177	11,716
Income tax expense (benefit)	1,357	1,233	1,859	2,267
Net income	5,827	4,981	8,318	9,449
Segment assets	2,050,921	1,752,997	2,050,921	1,752,997	$ 1,787,827
Core Banking
Reportable segments and reconciliation to consolidated results [Abstract]
Other non-interest income	2,612	2,515	4,976	4,980
Operating Segments | Core Banking
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	16,459	16,669	32,826	33,321
Interest expense	881	1,581	2,203	3,079
Net interest income	15,578	15,088	30,623	30,242
Provision for loan losses	260	150	3,310	1,243
Net interest income after provision for loan losses	15,318	14,938	27,313	28,999
Other non-interest income	2,612	2,515	4,976	4,980
Legal accruals and settlements				0
Other non-interest expenses	11,279	11,924	23,161	23,549
Income (loss) before income tax expense (benefit)	6,651	5,529	9,128	10,430
Income tax expense (benefit)	1,223	1,028	1,613	1,917
Net income	5,428	4,501	7,515	8,513
Segment assets	2,040,937	1,742,927	2,040,937	1,742,927
Operating Segments | WMG
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	0	0	0	0
Interest expense	0	0	0	0
Net interest income	0	0	0	0
Provision for loan losses	0	0	0	0
Net interest income after provision for loan losses	0	0	0	0
Other non-interest income	2,323	2,524	4,552	4,800
Legal accruals and settlements				0
Other non-interest expenses	1,647	1,571	3,249	3,146
Income (loss) before income tax expense (benefit)	676	953	1,303	1,654
Income tax expense (benefit)	173	243	334	422
Net income	503	710	969	1,232
Segment assets	3,063	3,574	3,063	3,574
Intersegment Eliminations
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	13	13	30	26
Interest expense	0	0	0	0
Net interest income	13	13	30	26
Provision for loan losses	0	0	0	0
Net interest income after provision for loan losses	13	13	30	26
Other non-interest income	145	47	282	231
Legal accruals and settlements				0
Other non-interest expenses	301	328	566	625
Income (loss) before income tax expense (benefit)	(143)	(268)	(254)	(368)
Income tax expense (benefit)	(39)	(38)	(88)	(72)
Net income	(104)	(230)	(166)	(296)
Segment assets	$ 6,921	$ 6,496	$ 6,921	$ 6,496

STOCK COMPENSATION (Details)

STOCK COMPENSATION (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		3 Months Ended		6 Months Ended
	Jan. 31, 2020	Jan. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Restricted Stock
Shares [Roll Forward]
Nonvested, Beginning Balance (in shares)	33,575		31,368		33,575
Granted (in shares)			0		255
Vested (in shares)			(1,552)		(3,902)
Forfeited or cancelled (in shares)			0		(112)
Nonvested, Ending Balance (in shares)			29,816		29,816
Weighted-Average Grant Date Fair Value [Roll Forward]
Nonvested, Beginning Balance (in dollars per share)	$ 43.24		$ 43.33		$ 43.24
Granted (in dollars per share)			0		39.35
Vested (in dollars per share)			43.16		42.18
Forfeitures or cancelled (in dollars per share)			0		44.72
Nonvested, Ending Balance (in dollars per share)			$ 43.34		$ 43.34
Total unrecognized compensation cost related to nonvested shares granted under the Plan			$ 1,000		$ 1,000
Weighted-average period for recognition (in years)					3 years 3 months 3 days
Total fair value of shares vested					$ 138	$ 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 (in months)					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			$ 77	$ 84	$ 166	$ 177