Chemung Financial (CHMG) 10-Q 9 Nov 22 2022 Q3 Quarterly report Financial data

COVER

COVER - shares	9 Months Ended
	Sep. 30, 2022	Nov. 04, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-35741
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	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,678,083
Entity Central Index Key	0000763563
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
ASSETS
Cash and due from financial institutions	$ 32,262	$ 17,365
Interest-earning deposits in other financial institutions	10,161	9,616
Total cash and cash equivalents	42,423	26,981
Equity investments, at estimated fair value	2,677	2,964
Securities available for sale, at estimated fair value	640,352	792,026
Securities held to maturity, estimated fair value of $3,205 at September 30, 2022   and $3,796 at December 31, 2021	3,210	3,790
FHLBNY and FRBNY Stock, at cost	3,872	4,218
Loans, net of deferred loan fees	1,742,755	1,518,249
Allowance for loan losses	(18,631)	(21,025)
Loans, net	1,724,124	1,497,224
Loans held for sale	0	396
Premises and equipment, net	16,581	17,969
Operating lease right-of-use assets	6,646	7,234
Goodwill	21,824	21,824
Other intangible assets, net	0	15
Bank-owned life insurance	2,859	2,825
Accrued interest receivable and other assets	86,854	41,009
Total assets	2,551,422	2,418,475
Deposits:
Non-interest-bearing	747,972	739,607
Interest-bearing	1,584,568	1,415,826
Total deposits	2,332,540	2,155,433
FHLBNY overnight advances	710	14,570
Long term finance lease obligation	3,394	3,594
Operating lease liabilities	6,810	7,378
Dividends payable	1,450	1,450
Accrued interest payable and other liabilities	51,000	24,595
Total liabilities	2,395,904	2,207,020
Shareholders' equity:
Common stock, $0.01 par value per share, 10,000,000 shares authorized;   5,310,076 issued at September 30, 2022 and December 31, 2021	53	53
Additional paid-in capital	47,487	46,901
Retained earnings	205,874	188,877
Treasury stock, at cost; 633,055 shares at September 30, 2022 and 636,720   shares at December 31, 2021	(18,015)	(17,846)
Accumulated other comprehensive loss	(79,881)	(6,530)
Total shareholders' equity	155,518	211,455
Total liabilities and shareholders' equity	$ 2,551,422	$ 2,418,475

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Securities held to maturity, estimated fair value	$ 3,205	$ 3,796
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)	633,055	636,720

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest and dividend income:
Loans, including fees	$ 17,670,000	$ 14,655,000	$ 47,541,000	$ 43,964,000
Taxable securities	2,982,000	2,678,000	8,533,000	6,431,000
Tax exempt securities	267,000	265,000	805,000	792,000
Interest-earning deposits	80,000	35,000	116,000	131,000
Total interest and dividend income	20,999,000	17,633,000	56,995,000	51,318,000
Interest expense:
Deposits	1,805,000	768,000	3,322,000	2,521,000
Borrowed funds	204,000	33,000	365,000	100,000
Total interest expense	2,009,000	801,000	3,687,000	2,621,000
Net interest income	18,990,000	16,832,000	53,308,000	48,697,000
Provision (credit) for loan losses	1,255,000	356,000	(1,634,000)	(53,000)
Net interest income after provision for loan losses	17,735,000	16,476,000	54,942,000	48,750,000
Non-interest income:
Changes in fair value of equity investments	(93,000)	15,000	(448,000)	203,000
Net gains on sales of loans held for sale	7,000	242,000	106,000	884,000
Net gains (losses) on sales of other real estate owned	22,000	0	68,000	(18,000)
Income from bank-owned life insurance	12,000	13,000	34,000	39,000
Other	570,000	842,000	2,219,000	2,802,000
Total non-interest income	5,036,000	5,970,000	16,018,000	18,083,000
Non-interest expenses:
Salaries and wages	6,550,000	6,259,000	18,829,000	18,058,000
Pension and other employee benefits	2,024,000	1,511,000	5,679,000	4,450,000
Other components of net periodic pension and postretirement benefits	(413,000)	(391,000)	(1,224,000)	(1,173,000)
Net occupancy	1,269,000	1,432,000	4,065,000	4,446,000
Furniture and equipment	493,000	409,000	1,340,000	1,185,000
Data processing	2,087,000	2,210,000	6,742,000	6,261,000
Professional services	442,000	542,000	1,627,000	1,531,000
Amortization of intangible assets	0	42,000	15,000	232,000
Marketing and advertising	266,000	162,000	726,000	572,000
Other real estate owned	12,000	7,000	(17,000)	24,000
FDIC insurance	389,000	356,000	987,000	1,075,000
Loan expense	(64,000)	196,000	327,000	720,000
Other	1,522,000	1,365,000	4,491,000	3,923,000
Total non-interest expenses	14,577,000	14,100,000	43,587,000	41,304,000
Income before income tax expense	8,194,000	8,346,000	27,373,000	25,529,000
Income tax expense	1,741,000	1,700,000	6,029,000	5,558,000
Net income	$ 6,453,000	$ 6,646,000	$ 21,344,000	$ 19,971,000
Weighted average shares outstanding, basic (in shares)	4,692	4,678	4,691	4,683
Weighted average shares outstanding, diluted (in shares)	4,692	4,678	4,691	4,683
Basic earnings per share (in dollars per share)	$ 1.37	$ 1.42	$ 4.55	$ 4.26
Diluted earnings per share (in dollars per share)	$ 1.37	$ 1.42	$ 4.55	$ 4.26
WMG fee income
Non-interest income:
Revenues from contracts with customer	$ 2,403,000	$ 2,765,000	$ 7,788,000	$ 8,246,000
Service charges on deposit accounts
Non-interest income:
Revenues from contracts with customer	989,000	856,000	2,789,000	2,305,000
Interchange revenue from debit card transactions
Non-interest income:
Revenues from contracts with customer	$ 1,126,000	$ 1,237,000	$ 3,462,000	$ 3,622,000

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 6,453	$ 6,646	$ 21,344	$ 19,971
Other comprehensive loss
Net unrealized losses	(33,266)	(4,348)	(99,431)	(12,715)
Tax effect	(8,719)	(1,139)	(26,050)	(3,246)
Net of tax amount	(24,547)	(3,209)	(73,381)	(9,469)
Change in funded status of defined benefit pension plan and other benefit plans:
Reclassification adjustment for amortization of prior service costs	0	(55)	0	(165)
Reclassification adjustment for amortization of net actuarial loss	16	57	41	169
Total before tax effect	16	2	41	4
Tax effect	5	1	11	2
Net of tax amount	11	1	30	2
Total other comprehensive loss	(24,536)	(3,208)	(73,351)	(9,467)
Comprehensive income (loss)	$ (18,083)	$ 3,438	$ (52,007)	$ 10,504

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands		Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2020		$ 199,699	$ 53	$ 46,764	$ 168,006	$ (17,525)	$ 2,401
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		19,971			19,971
Other comprehensive income		(9,467)					(9,467)
Restricted stock awards		307		307
Restricted stock units for directors' deferred compensation plan		14		14
Cash dividends declared		(4,104)			(4,104)
Distribution of treasury stock for directors' compensation		317		64		253
Distribution of shares of treasury stock for employee compensation		132		27		105
Distribution of shares of treasury stock for deferred directors' compensation		3		(72)		75
Repurchase of shares of common stock		(1,050)				(1,050)
Sale of shares of treasury stock	[1]	317		99		218
Ending balance at Sep. 30, 2021		206,139	53	47,203	183,873	(17,924)	(7,066)
Beginning balance at Jun. 30, 2021		203,977	53	47,081	178,673	(17,972)	(3,858)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		6,646			6,646
Other comprehensive income		(3,208)					(3,208)
Restricted stock awards		84		84
Restricted stock units for directors' deferred compensation plan		5		5
Cash dividends declared		(1,446)			(1,446)
Repurchase of shares of common stock		(4)				(4)
Sale of shares of treasury stock	[1]	85		33		52
Ending balance at Sep. 30, 2021		206,139	53	47,203	183,873	(17,924)	(7,066)
Beginning balance at Dec. 31, 2021		211,455	53	46,901	188,877	(17,846)	(6,530)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		21,344			21,344
Other comprehensive income		(73,351)					(73,351)
Restricted stock awards		486		486
Restricted stock units for directors' deferred compensation plan		195		195
Distribution of shares of treasury stock grants for employee restricted stock awards		0		(112)		112
Cash dividends declared		(4,347)			(4,347)
Distribution of treasury stock for directors' compensation		105		(139)		244
Repurchase of shares of common stock		(695)				(695)
Sale of shares of treasury stock	[1]	328		124		204
Forfeiture of 48 shares of restricted stock awards		(2)		32		(34)
Ending balance at Sep. 30, 2022		155,518	53	47,487	205,874	(18,015)	(79,881)
Beginning balance at Jun. 30, 2022		174,690	53	47,196	200,870	(18,084)	(55,345)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		6,453			6,453
Other comprehensive income		(24,536)					(24,536)
Restricted stock awards		153		153
Restricted stock units for directors' deferred compensation plan		95		95
Cash dividends declared		(1,449)			(1,449)
Sale of shares of treasury stock	[1]	112		41		71
Forfeiture of 48 shares of restricted stock awards				2		(2)
Ending balance at Sep. 30, 2022		$ 155,518	$ 53	$ 47,487	$ 205,874	$ (18,015)	$ (79,881)
[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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.31	$ 0.31	$ 0.93	$ 0.88
Distribution Of Shares Of Treasury Stock For Directors Compensation Shares			8,575	9,291
Distribution of shares of treasury stock for employee stock compensation (in shares)				3,860
Treasury stock acquired (in shares)		97	15,388	28,803
Sale of shares of treasury stock (in shares)	2,540	1,887	7,222	7,911
Shares forfeited (in shares)	48		729
Distribution of shares of treasury stock for deferred directors' compensation (in shares)				2,707
Distribution of shares of treasury stock for employee restricted stock awards (in shares)			3,985

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 21,344,000	$ 19,971,000
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization (increase in) of right-of-use assets	588,000	559,000
Amortization of intangible assets	15,000	232,000
Provision for loan losses	(1,634,000)	(53,000)
Loss (Gains) on disposal of fixed assets	20,000	(61,000)
Depreciation and amortization of fixed assets	1,691,000	1,896,000
Amortization of premiums on securities, net	3,143,000	4,020,000
Gain on sales of loans held for sale, net	(106,000)	(884,000)
Proceeds from sales of loans held for sale	342,000	29,840,000
Loans originated and held for sale	160,000
Loans originated and held for sale		(29,010,000)
Net (gains) losses on sale of other real estate owned	(68,000)	18,000
Net change in fair value of equity investments	448,000	(203,000)
Proceeds from sales of trading assets	36,000	41,000
Purchase of equity investments	(197,000)	(229,000)
(Increase) Decrease in other assets and accrued interest receivable	(19,743,000)	1,279,000
Increase in accrued interest payable	133,000	27,000
Expense related to restricted stock units for directors' deferred compensation plan	195,000	14,000
Expense related to employee stock compensation	0	132,000
Expense related to employee restricted stock awards	486,000	307,000
Increases in (payments on) operating leases	(568,000)	(37,000)
Increase (decrease) in other liabilities	26,434,000	(1,242,000)
Income from bank owned life insurance	(34,000)	(39,000)
Net cash provided by operating activities	32,685,000	26,578,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of securities available for sale	0	0
Proceeds from maturities, calls, and principal paydowns on securities available for sale	72,611,000	109,736,000
Proceeds from maturities and principal collected on securities held to maturity	1,306,000	558,000
Purchases of securities available for sale	(23,502,000)	(333,376,000)
Purchases of securities held to maturity	(735,000)	(1,287,000)
Purchase of FHLBNY and FRBNY stock	(3,175,000)	(412,000)
Redemption of FHLBNY and FRBNY stock	3,521,000	0
Proceeds from sales of fixed assets	125,000	451,000
Purchases of premises and equipment	(448,000)	(537,000)
Proceeds from sale of other real estate owned	279,000	128,000
Proceeds from bank owned life insurance	0	286,000
Net increase in loans	(225,558,000)	19,784,000
Net cash used in investing activities	(175,576,000)	(204,669,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in demand deposits, interest-bearing demand accounts, savings accounts, and insured money market accounts	23,600,000	191,360,000
Increase (decrease) in time deposits	153,507,000	(55,312,000)
Net proceeds from FHLB overnight advances	(13,860,000)	0
Payments made on finance leases	(200,000)	(190,000)
Purchase of treasury stock	(695,000)	(1,050,000)
Sale of treasury stock	328,000	315,000
Cash dividends paid	(4,347,000)	(3,873,000)
Net cash provided by financing activities	158,333,000	131,250,000
Net increase (decrease) in cash and cash equivalents	15,442,000	(46,841,000)
Cash and cash equivalents, beginning of period	26,981,000	108,538,000
Cash and cash equivalents, end of period	42,423,000	61,697,000
Cash paid for:
Interest	3,554,000	2,594,000
Income taxes	4,305,000	4,375,000
Supplemental disclosure of non-cash activity:
Transfer of loans to other real estate owned	292,000	80,000
Dividends declared, not yet paid	1,450,000	1,445,000
Repurchase of common stock in lieu of employee payroll taxes	53,000	80,000
Operating lease right-of-use assets	0	(498,000)
Distribution of treasury stock for directors' compensation	105,000	317,000
Distribution of treasury stock for deferred directors' compensation	195,000	4,000
Forfeiture of shares of restricted stock awards	$ (2,000)	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2022
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 8 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 2021 Annual Report on Form 10-K for the year ended December 31, 2021. 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. The ASU supersedes current GAAP by replacing the incurred loss impairment method with a methodology that reflects lifetime expected credit losses and requires the consideration of a broader range of reasonable and supportable information to form credit loss estimates. In November 2019, the FASB adopted an amendment to postpone 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 delayed adoption. The Corporation has established a committee to oversee the implementation of CECL and has contracted a vendor to assist in model development and implementation, and is in the process of updating its policies and internal controls accordingly. Additionally the Corporation has contracted an independent third party to validate the selected model. The basis for the model of the quantitative portion of the estimation of expected credit losses is the historical loss experience amongst a curated group of peers. The Corporation utilized regression analyses of peer data, of which the Corporation was included, and where observed credit losses and selected economic factors were utilized to determine suitable loss drivers for modeling the lifetime rates of probability of default (PD). The chosen model utilizes a discounted cash flow (DCF) analysis for all loan portfolio segments as its foundation. Portfolio segments are the level at which loss assumptions are applied to a pool of loans based on the similarity of the risk characteristics inherent in the included instruments. The DCF analysis is run at the instrument-level and incorporates an array of loan-specific and segment-implied assumptions in order to determine the lifetime expected loss attributable to the instrument. The loss driver for each loan portfolio segment is derived from a readily available and reasonable economic forecast, which is applied over a four-quarter period, and incorporates an eight-quarter reversion to the historical mean on a straight-line basis beyond the reasonable forecast period. The selected model also incorporates qualitative factors in order to appropriately adjust for risk in a given portfolio segment that may not be fully captured through quantitative analysis. Determinations regarding qualitative adjustments are made based on management’s expectation of loss conditions differing from those already captured in the quantitative component of the model. The Corporation expects to recognize a one-time cumulative-effect adjustment to retained earnings upon adoption of CECL, effective January 1, 2023, in order to bring our allowance for credit losses (ACL) into conformity with the ASU, consistent with regulatory expectations set forth in interagency guidance. The Corporation is currently refining the assumptions built into its model, and is running parallel calculations on an ongoing basis. The Corporation estimates that under the ACL framework, the allowance for credit losses may increase, and the increase may be material, when compared to the amount being carried on the consolidated balance sheet at September 30, 2022. This increase encompasses the loans that the Corporation currently evaluates for impairment on an individual basis, loans evaluated collectively by pooled segment, and unfunded commitments made by the Corporation not currently carried on the balance sheet. Based on the composition and quality of the Corporation’s debt securities portfolio, management has determined there to be a zero loss estimate on securities that are backed by U.S. governmental agencies. In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging-Portfolio Layer Method. The amendments in this ASU expand the current last-of-layer hedging model from a single-layer method to allow multiple hedged layers of a single closed portfolio. To reflect that expansion, the last-of-layer method is renamed the portfolio layer method. In addition, ASU 2022-01 (1) expands the scope of the portfolio layer method to include non-prepayable assets, (2) specifies eligible hedging instruments in a single-layer hedge, (3) provides additional guidance on the accounting for and disclosure of hedge basis adjustments under the portfolio layer method and (4) specifies how edge basis adjustments should be considered when determining credit losses for the assets included in the closed portfolio. ASU 2022-01 is effective for interim and annual periods beginning after December 15, 2022, although early adoption is permitted. Upon adoption, ASU 2022-01 is not expected to have a significant impact on the Corporation's financial condition or results of operations. In March 2022, the FASB issued ASU 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. The ASU made certain targeted amendments specific to troubled debt restructurings (TDRs) by creditors and vintage disclosure related to gross write-offs. Upon adoption, the Corporation will be required to apply the loan and refinancing and restructuring guidance to determine whether a modification results in a new loan or a continuation of an existing loan, rather than applying the recognition and measurement guidance for TDRs. The ASU also requires companies to disclose current-period gross write-offs by year of origination for financing receivables and net investment in leases within scope of Subtopic 326-20. ASU 2022-02 is effective for periods beginning after December 15, 2022. The Corporation will adopt ASU 2016-13 effective January 1, 2023 and will simultaneously implement ASU 2022-02. Risks and Uncertainties - COVID-19 The Corporation's unaudited 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. As part of this analysis, management identified what it believes to be higher risk loans through a detailed analysis of industry codes. During 2020, management increased certain allowance qualitative factors 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. As part of this analysis, the Corporation released the final $1.2 million of the pandemic related portion of the allowance in the third quarter of 2022. In total, the Corporation released $4.3 million and utilized $0.5 million of the pandemic related allowance established in 2020.

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
EARNINGS PER COMMON SHARE	EARNINGS 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 shares, 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 nonforfeitable 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 4,692 and 4,678 weighted average shares outstanding for the three month periods ended September 30, 2022 and 2021, respectively. Earnings per share were computed by dividing net income by 4,691 and 4,683 weighted average shares outstanding for the nine month periods ended September 30, 2022 and 2021, respectively. Retroactive implementation of the Corporation's 2021 Equity Incentive Plan, approved June 8, 2021 by shareholders, required a change in methodology used to calculate weighted average outstanding shares in 2021. The change did not impact earnings per common share for the prior periods. There were no common stock equivalents during the three and nine month periods ended September 30, 2022 or 2021.

SECURITIES

SECURITIES	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES Amortized cost and estimated fair value of securities available for sale are as follows (in thousands): September 30, 2022 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value U.S. Treasury notes and bonds $ 61,791 $ — $ 6,741 $ 55,050 Mortgage-backed securities, residential 530,372 — 89,738 440,634 Obligations of states and political subdivisions 39,916 — 3,036 36,880 Corporate bonds and notes 25,750 — 1,513 24,237 SBA loan pools 85,337 204 1,990 83,551 Total $ 743,166 $ 204 $ 103,018 $ 640,352 December 31, 2021 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value U.S. Treasury notes and bonds $ 61,084 $ 27 $ 680 $ 60,431 Mortgage-backed securities, residential 582,060 4,032 8,731 577,361 Obligations of states and political subdivisions 40,299 2,004 — 42,303 Corporate bonds and notes 22,750 180 82 22,848 SBA loan pools 89,216 344 477 89,083 Total $ 795,409 $ 6,587 $ 9,970 $ 792,026 Amortized cost and estimated fair value of securities held to maturity are as follows (in thousands): September 30, 2022 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 1,981 $ — $ — $ 1,981 Time deposits with other financial institutions 1,229 — 5 1,224 Total $ 3,210 $ — $ 5 $ 3,205 December 31, 2021 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 2,157 $ — $ — $ 2,157 Time deposits with other financial institutions 1,633 6 — 1,639 Total $ 3,790 $ 6 $ — $ 3,796 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): September 30, 2022 Available for Sale Held to Maturity Amortized Fair Amortized Fair Within one year $ 2,937 $ 2,862 $ 2,204 $ 2,199 After one, but within five years 103,872 93,767 1,006 1,006 After five, but within ten years 20,178 19,142 — — After ten years 470 396 — — 127,457 116,167 3,210 3,205 Mortgage-backed securities, residential 530,372 440,634 — — SBA loan pools 85,337 83,551 — — Total $ 743,166 $ 640,352 $ 3,210 $ 3,205 There were no proceeds from sales and calls of securities resulting in gains or losses for the three and nine month periods ended September 30, 2022 and 2021. The following tables summarize the investment securities available for sale with unrealized losses at September 30, 2022 and December 31, 2021 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 September 30, 2022 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury notes and bonds $ 18,733 $ 2,155 $ 36,317 $ 4,586 $ 55,050 $ 6,741 Mortgage-backed securities, residential 137,623 17,742 303,011 71,996 440,634 89,738 Obligations of states and political subdivisions 36,685 3,036 — — 36,685 3,036 Corporate bonds and notes 9,615 1,135 4,621 378 14,236 1,513 SBA loan pools 26,290 982 38,214 1,008 64,504 1,990 Total temporarily impaired securities $ 228,946 $ 25,050 $ 382,163 $ 77,968 $ 611,109 $ 103,018 Less than 12 months 12 months or longer Total December 31, 2021 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury notes and bonds $ 49,084 $ 680 $ — $ — $ 49,084 $ 680 Mortgage-backed securities, residential 293,720 4,502 122,050 4,229 415,770 8,731 Corporate bonds and notes 4,928 72 1,989 10 6,917 82 SBA loan pools 51,235 296 13,769 181 65,004 477 Total temporarily impaired securities $ 398,967 $ 5,550 $ 137,808 $ 4,420 $ 536,775 $ 9,970 Other-Than-Temporary Impairment As of September 30, 2022, the majority of the Corporation's unrealized losses in the investment securities portfolio related to mortgage-backed securities. At September 30, 2022, all of the unrealized losses related to mortgage-backed securities were issued by U.S. government sponsored entities, Fannie Mae and Freddie Mac. Because the decline in fair value is attributable to changes in interest rates and not credit quality, and because the Corporation does not have the intent to sell these securities and it is not likely that it will be required to sell these securities before their anticipated recovery, the Corporation does not consider these securities to be other-than-temporarily impaired at September 30, 2022.

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	9 Months Ended
	Sep. 30, 2022
Receivables [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): September 30, 2022 December 31, 2021 Commercial and agricultural: Commercial and industrial $ 262,014 $ 256,893 Agricultural 75 394 Commercial mortgages: Construction 105,330 82,204 Commercial mortgages, other 836,190 720,358 Residential mortgages 283,128 259,334 Consumer loans: Home equity lines and loans 76,871 70,670 Indirect consumer loans 168,214 118,569 Direct consumer loans 10,933 9,827 Total loans, net of deferred loan fees and costs 1,742,755 1,518,249 Interest receivable on loans 5,128 4,133 Total recorded investment in loans $ 1,747,883 $ 1,522,382 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. As of September 30, 2022 and December 31, 2021, the Corporation had outstanding PPP loan balances of $1.4 million and $43.2 million, respectively, which were included in commercial and industrial loans in the table above. These loans require no allowance for loan losses as of September 30, 2022 and December 31, 2021 since they are government guaranteed loans. The following tables present the activity in the allowance for loan losses by portfolio segment for the three month periods ended September 30, 2022 and 2021 (in thousands): Three Months Ended September 30, 2022 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 3,564 $ 10,314 $ 1,714 $ 1,893 $ 17,485 Charge-offs — — — (277) (277) Recoveries 6 1 40 121 168 Net recoveries (charge-offs) 6 1 40 (156) (109) Provision (55) 671 42 597 1,255 Ending balance $ 3,515 $ 10,986 $ 1,796 $ 2,334 $ 18,631 Three Months Ended September 30, 2021 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 3,628 $ 12,963 $ 1,791 $ 2,294 $ 20,676 Charge-offs — (44) — (190) (234) Recoveries 8 1 — 133 142 Net recoveries (charge-offs) 8 (43) — (57) (92) Provision (15) 361 80 (70) 356 Ending balance $ 3,621 $ 13,281 $ 1,871 $ 2,167 $ 20,940 The following tables present the activity in the allowance for loan losses by portfolio segment for the nine month periods ended September 30, 2022 and 2021 (in thousands): Nine Months Ended September 30, 2022 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 3,591 $ 13,556 $ 1,803 $ 2,075 $ 21,025 Charge-offs (20) (687) — (599) (1,306) Recoveries 37 3 40 466 546 Net recoveries (charge-offs) 17 (684) 40 (133) (760) Provision (93) (1,886) (47) 392 (1,634) Ending balance $ 3,515 $ 10,986 $ 1,796 $ 2,334 $ 18,631 Nine Months Ended September 30, 2021 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 4,493 $ 11,496 $ 2,079 $ 2,856 $ 20,924 Charge-offs (25) (44) (71) (510) (650) Recoveries 283 2 10 424 719 Net recoveries (charge-offs) 258 (42) (61) (86) 69 Provision (1,130) 1,827 (147) (603) (53) Ending balance $ 3,621 $ 13,281 $ 1,871 $ 2,167 $ 20,940 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 September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 1,323 $ 41 $ — $ 41 $ 1,405 Collectively evaluated for impairment 2,192 10,945 1,796 2,293 17,226 Total ending allowance balance $ 3,515 $ 10,986 $ 1,796 $ 2,334 $ 18,631 December 31, 2021 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 1,394 $ 1,571 $ — $ 65 $ 3,030 Collectively evaluated for impairment 2,197 11,985 1,803 2,010 17,995 Total ending allowance balance $ 3,591 $ 13,556 $ 1,803 $ 2,075 $ 21,025 September 30, 2022 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 2,531 $ 4,313 $ 768 $ 277 $ 7,889 Loans collectively evaluated for impairment 260,388 940,188 283,076 256,342 1,739,994 Total ending loans balance $ 262,919 $ 944,501 $ 283,844 $ 256,619 $ 1,747,883 December 31, 2021 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 2,427 $ 7,967 $ 938 $ 315 $ 11,647 Loans collectively evaluated for impairment 255,586 796,858 259,029 199,262 1,510,735 Total ending loans balance $ 258,013 $ 804,825 $ 259,967 $ 199,577 $ 1,522,382 The following table presents loans individually evaluated for impairment recognized by class of loans as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 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 $ 570 $ 569 $ — $ 954 $ 948 $ — Commercial mortgages: Construction 12 12 — 129 130 — Commercial mortgages, other 4,261 4,260 — 6,940 4,278 — Residential mortgages 777 768 — 951 938 — Consumer loans: Home equity lines and loans 160 144 — 185 169 — With an allowance recorded: Commercial and agricultural: Commercial and industrial 1,961 1,962 1,323 5,350 1,479 1,394 Commercial mortgages: Commercial mortgages, other 41 41 41 3,550 3,559 1,571 Consumer loans: Home equity lines and loans 133 133 41 146 146 65 Total $ 7,915 $ 7,889 $ 1,405 $ 18,205 $ 11,647 $ 3,030 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 nine month periods ended September 30, 2022 and 2021 (in thousands): Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended With no related allowance recorded: Average Recorded Investment Interest Income Recognized( 1) Average Recorded Investment Interest Income Recognized( 1) Average Recorded Investment Interest Income Recognized( 1) Average Recorded Investment Interest Income Recognized( 1) Commercial and agricultural: Commercial and industrial $ 585 $ — $ 1,378 $ 3 $ 761 $ — $ 1,645 $ 3 Commercial mortgages: Construction 55 — 151 1 88 — 167 5 Commercial mortgages, other 4,150 7 4,665 8 4,171 14 4,743 23 Residential mortgages 846 9 950 12 890 19 1,034 29 Consumer loans: Home equity lines & loans 149 — 184 2 157 — 299 5 With an allowance recorded: Commercial and agricultural: Commercial and industrial 1,643 2 1,545 4 1,545 5 1,511 6 Commercial mortgages: Commercial mortgages, other 42 — 3,644 25 1,563 — 1,905 25 Consumer loans: Home equity lines and loans 134 — 155 — 139 — 160 — Total $ 7,604 $ 18 $ 12,672 $ 55 $ 9,314 $ 38 $ 11,464 $ 96 (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 loan as of September 30, 2022 and December 31, 2021 (in thousands): Non-accrual Loans Past Due 90 Days or More and Still Accruing September 30, 2022 December 31, 2021 September 30, 2022 December 31, 2021 Commercial and agricultural: Commercial and industrial $ 2,360 $ 1,932 $ — $ 4 Commercial mortgages: Construction 12 34 — — Commercial mortgages, other 3,840 3,844 — — Residential mortgages 699 1,039 — — Consumer loans: Home equity lines and loans 833 790 — — Indirect consumer loans 565 462 — — Direct consumer loans 1 13 — — Total $ 8,310 $ 8,114 $ — $ 4 The following tables present the aging of the recorded investment in loans as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 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 $ 12 $ — $ 101 $ 113 $ 262,731 $ 262,844 Agricultural — — — — 75 75 Commercial mortgages: Construction 12 — — 12 105,652 105,664 Commercial mortgages, other 246 17 531 794 838,043 838,837 Residential mortgages 1,952 316 396 2,664 281,180 283,844 Consumer loans: Home equity lines and loans 133 159 457 749 76,356 77,105 Indirect consumer loans 905 230 270 1,405 167,126 168,531 Direct consumer loans 3 1 — 4 10,979 10,983 Total $ 3,263 $ 723 $ 1,755 $ 5,741 $ 1,742,142 $ 1,747,883 December 31, 2021 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 $ 413 $ 148 $ 26 $ 587 $ 257,031 $ 257,618 Agricultural — — — — 395 395 Commercial mortgages: Construction — — — — 82,435 82,435 Commercial mortgages, other 24 224 1,302 1,550 720,840 722,390 Residential mortgages 580 32 652 1,264 258,703 259,967 Consumer loans: Home equity lines and loans 256 69 424 749 70,105 70,854 Indirect consumer loans 1,179 424 255 1,858 116,997 118,855 Direct consumer loans 24 11 13 48 9,820 9,868 Total $ 2,476 $ 908 $ 2,672 $ 6,056 $ 1,516,326 $ 1,522,382 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 were considered current for COVID-19 related modifications and therefore not be treated as TDRs, until January 1, 2022. As of September 30, 2022 and December 31, 2021, the Corporation had a recorded investment in TDRs of $5.9 million and $10.3 million, respectively. There were specific reserves of $0.3 million and $1.9 million allocated for TDRs at September 30, 2022 and December 31, 2021, respectively. As of September 30, 2022, TDRs totaling $1.4 million were accruing interest under the modified terms and $4.4 million were on non-accrual status. As of December 31, 2021, TDRs totaling $5.6 million were accruing interest under the modified terms and $4.7 million were on non-accrual status. The Corporation committed no additional amounts as of both September 30, 2022 and December 31, 2021, to customers with outstanding loans that are classified as TDRs. During the three months ended September 30, 2022, no loans were modified as TDRs. During the three month period ended September 30, 2021, the terms and conditions of two commercial mortgage loans were modified as TDRs. The modification of the terms of both of the loans in the three months ended September 30, 2021 included a postponement or reduction of the scheduled amortized payments for greater than a three month period. During the nine months ended September 30, 2022, no loans were modified as TDRs. During the nine month period ended September 30, 2021, the terms and conditions of six commercial mortgage loans were modified as TDRs. The modification of the terms of all of the loans in the nine months ended September 30, 2021 included a postponement or reduction of the scheduled amortized payments for greater than a three month period. The following table presents loans by class modified as TDRs that occurred during the three month period ended September 30, 2021 (dollars in thousands): September 30, 2021 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial mortgages: Commercial mortgages, other 2 $ 502 $ 502 Total 2 $ 502 $ 502 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 September 30, 2021. The following table presents loans by class modified as TDRs that occurred during the nine month period ended September 30, 2021 (dollars in thousands): September 30, 2021 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial and agricultural: Commercial and industrial — $ — $ — Commercial mortgages: Commercial mortgages, other 6 $ 6,596 $ 6,596 Total 6 $ 6,596 $ 6,596 The TDRs described above increased the allowance for loan losses by $1.9 million and resulted in no charge-offs during the nine month period ended September 30, 2021. 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 nine month periods ended September 30, 2022 and 2021. 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 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. Retail loans are not rated until they become 90 days past due. 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 September 30, 2022 and December 31, 2021, the risk category of the recorded investment of loans by class of loans is as follows (in thousands): September 30, 2022 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 255,235 $ 3,366 $ 3,313 $ 930 $ 262,844 Agricultural — 75 — — — 75 Commercial mortgages: Construction — 105,473 179 12 — 105,664 Commercial mortgages — 802,080 28,910 7,806 41 838,837 Residential mortgages 283,145 — — 699 — 283,844 Consumer loans: Home equity lines and loans 76,272 — — 833 — 77,105 Indirect consumer loans 167,966 — — 565 — 168,531 Direct consumer loans 10,983 — — — — 10,983 Total $ 538,366 $ 1,162,863 $ 32,455 $ 13,228 $ 971 $ 1,747,883 December 31, 2021 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 250,529 $ 2,892 $ 3,108 $ 1,089 $ 257,618 Agricultural — 395 — — — 395 Commercial mortgages: Construction — 82,404 — 31 — 82,435 Commercial mortgages — 672,741 31,072 17,458 1,119 722,390 Residential mortgages 258,928 — — 1,039 — 259,967 Consumer loans: Home equity lines and loans 70,064 — — 790 — 70,854 Indirect consumer loans 118,393 — — 462 — 118,855 Direct consumer loans 9,855 — — 13 — 9,868 Total $ 457,240 $ 1,006,069 $ 33,964 $ 22,901 $ 2,208 $ 1,522,382 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 September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 Consumer Loans Residential Mortgages Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 283,145 $ 76,272 $ 167,966 $ 10,982 Non-Performing 699 833 565 1 $ 283,844 $ 77,105 $ 168,531 $ 10,983 December 31, 2021 Consumer Loans Residential Mortgages Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 258,928 $ 70,064 $ 118,393 $ 9,855 Non-Performing 1,039 790 462 13 $ 259,967 $ 70,854 $ 118,855 $ 9,868

FAIR VALUE

FAIR VALUE	9 Months Ended
	Sep. 30, 2022
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 September 30, 2022 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs U.S. Treasury notes and bonds $ 55,050 $ 55,050 $ — $ — Mortgage-backed securities, residential 440,634 — 440,634 — Obligations of states and political subdivisions 36,880 — 36,880 — Corporate bonds and notes 24,237 — 24,237 — SBA loan pools 83,551 — 83,551 — Total available for sale securities $ 640,352 $ 55,050 $ 585,302 $ — Equity investments, at fair value $ 2,184 $ 2,184 $ — $ — Derivative assets 28,600 — 28,600 — Financial Liabilities: Derivative liabilities $ 28,603 $ — $ 28,603 $ — There were no transfers between Level 1 and Level 2 during the three and nine month periods ended September 30, 2022. Fair Value Measurement at December 31, 2021 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs U.S. Treasury notes and bonds $ 60,431 $ 60,431 $ — $ — Mortgage-backed securities, residential 577,361 — 577,361 — Obligations of states and political subdivisions 42,303 — 42,303 — Corporate bonds and notes 22,848 — 22,848 — SBA loan pools 89,083 — 89,083 — Total available for sale securities $ 792,026 $ 60,431 $ 731,595 $ — Equity investments, at fair value $ 2,404 $ 2,404 $ — $ — Derivative assets 9,498 — 9,498 — Financial Liabilities: Derivative liabilities $ 9,726 $ — $ 9,726 $ — There were no transfers between Level 1 and Level 2 during the three and nine month periods ended September 30, 2021. Assets and liabilities measured at fair value on a non-recurring basis are summarized below (in thousands): Fair Value Measurement at September 30, 2022 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Gains (Losses) Other real estate owned: Residential mortgages $ 124 $ — $ — $ 124 $ — Consumer loans: Home equity lines and loans 60 — — 60 — Total other real estate owned, net $ 184 $ — $ — $ 184 $ — Fair Value Measurement at December 31, 2021 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Gains (Losses) Other real estate owned: Residential mortgages $ 143 $ — $ — $ 143 $ — Total other real estate owned, net $ 143 $ — $ — $ 143 $ — The following tables present information related to Level 3 non-recurring fair value measurement at September 30, 2022 and December 31, 2021 (in thousands): Description Fair Value at September 30, 2022 Valuation Technique Unobservable Inputs Range [Weighted Average] at September 30, 2022 OREO: Residential mortgages $ 124 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] Consumer loans: Home equity lines and loans 60 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] $ 184 Description Fair Value at December 31, 2021 Valuation Technique Unobservable Inputs Range [Weighted Average] at December 31, 2021 OREO: Residential mortgages $ 143 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] $ 143 FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying amounts and estimated fair values of other financial instruments, at September 30, 2022 and December 31, 2021, are as follows (in thousands): September 30, 2022 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 $ 32,262 $ 32,262 $ — $ — $ 32,262 Interest-earning deposits in other financial institutions 10,161 10,161 — — 10,161 Equity investments 2,677 2,677 — — 2,677 Securities available for sale 640,352 55,050 585,302 — 640,352 Securities held to maturity 3,210 — 957 1,981 2,938 FHLBNY and FRBNY stock 3,872 — — — N/A Loans, net and loans held for sale 1,724,124 — — 1,697,283 1,697,283 Accrued interest receivable 7,112 142 1,842 5,128 7,112 Derivative Assets 28,600 — 28,600 — 28,600 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,982,676 $ 1,982,676 $ — $ — $ 1,982,676 Time deposits 349,864 — 348,585 — 348,585 Accrued interest payable 343 28 315 — 343 Derivative Liabilities 28,603 — 28,603 — 28,603 (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, 2021 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 $ 17,365 $ 17,365 $ — $ — $ 17,365 Interest-earning deposits in other financial institutions 9,616 9,616 — — 9,616 Equity investments 2,964 2,964 — — 2,964 Securities available for sale 792,026 60,431 731,595 — 792,026 Securities held to maturity 3,790 — 1,639 2,157 3,796 FHLBNY and FRBNY stock 4,218 — — — N/A Loans, net and loans held for sale 1,497,620 — — 1,480,967 1,480,967 Accrued interest receivable 5,985 106 1,746 4,133 5,985 Derivative Asset 9,498 — 9,498 — 9,498 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,959,076 $ 1,959,076 $ — $ — $ 1,959,076 Time deposits 196,357 — 197,658 — 197,658 Accrued interest payable 210 10 200 — 210 Derivative Liabilities 9,726 — 9,726 — 9,726 (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	9 Months Ended
	Sep. 30, 2022
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 September 30, 2022, the weighted average remaining lease term was 8.82 years with a weighted average discount rate of 3.35%. Rent expense was $0.2 million for the three months ended September 30, 2022. Rent expense was $0.7 million for the nine months ended September 30, 2022. 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 September 30, 2022 and December 31, 2021 consist of the following (in thousands): September 30, 2022 December 31, 2021 Operating lease right-of-use asset $ 7,234 $ 7,145 Less: accumulated amortization (588) (759) Less: lease termination — (313) Add: new lease agreement and modifications — 1,161 Operating lease right-of-use-assets, net $ 6,646 $ 7,234 The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges, as of September 30, 2022 (in thousands): Year Amount 2022 $ 243 2023 992 2024 924 2025 841 2026 845 2027 and thereafter 4,022 Total minimum lease payments 7,867 Less: amount representing interest (1,057) Present value of net minimum lease payments $ 6,810 As of September 30, 2022, 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 September 30, 2022, the weighted average remaining lease term was 10.45 years with a weighted average discount rate of 3.39%. The Corporation has included these leases in premises and equipment September 30, 2022 December 31, 2021 Buildings $ 5,572 $ 5,572 Less: accumulated depreciation (2,457) (2,208) Net book value $ 3,115 $ 3,364 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 September 30, 2022 (in thousands): Year Amount 2022 $ 98 2023 391 2024 391 2025 409 2026 425 2027 and thereafter 2,415 Total minimum lease payments 4,129 Less: amount representing interest (735) Present value of net minimum lease payments $ 3,394 As of September 30, 2022, 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, 2024 from a former member of the Corporation's B oard of Directors with monthly rent and CAM related expenses totaling $4 thousand per month. This Board member retired from the Corporation's Board of Directors as of June 7, 2022. Rent and CAM paid to this Board member while serving on the Board totaled $13 thousand for the three month period ended September 30, 2021. Rent and CAM paid to this Board member while serving on the Board totaled $25 thousand and $37 thousand for the nine month periods ended September 30, 2022 and 2021, 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 September 30, 2022, the weighted average remaining lease term was 8.82 years with a weighted average discount rate of 3.35%. Rent expense was $0.2 million for the three months ended September 30, 2022. Rent expense was $0.7 million for the nine months ended September 30, 2022. 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 September 30, 2022 and December 31, 2021 consist of the following (in thousands): September 30, 2022 December 31, 2021 Operating lease right-of-use asset $ 7,234 $ 7,145 Less: accumulated amortization (588) (759) Less: lease termination — (313) Add: new lease agreement and modifications — 1,161 Operating lease right-of-use-assets, net $ 6,646 $ 7,234 The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges, as of September 30, 2022 (in thousands): Year Amount 2022 $ 243 2023 992 2024 924 2025 841 2026 845 2027 and thereafter 4,022 Total minimum lease payments 7,867 Less: amount representing interest (1,057) Present value of net minimum lease payments $ 6,810 As of September 30, 2022, 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 September 30, 2022, the weighted average remaining lease term was 10.45 years with a weighted average discount rate of 3.39%. The Corporation has included these leases in premises and equipment September 30, 2022 December 31, 2021 Buildings $ 5,572 $ 5,572 Less: accumulated depreciation (2,457) (2,208) Net book value $ 3,115 $ 3,364 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 September 30, 2022 (in thousands): Year Amount 2022 $ 98 2023 391 2024 391 2025 409 2026 425 2027 and thereafter 2,415 Total minimum lease payments 4,129 Less: amount representing interest (735) Present value of net minimum lease payments $ 3,394 As of September 30, 2022, 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, 2024 from a former member of the Corporation's B oard of Directors with monthly rent and CAM related expenses totaling $4 thousand per month. This Board member retired from the Corporation's Board of Directors as of June 7, 2022. Rent and CAM paid to this Board member while serving on the Board totaled $13 thousand for the three month period ended September 30, 2021. Rent and CAM paid to this Board member while serving on the Board totaled $25 thousand and $37 thousand for the nine month periods ended September 30, 2022 and 2021, respectively.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2022
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 nine month periods ended September 30, 2022 and 2021 were as follows (in thousands): 2022 2021 Beginning of year $ 21,824 $ 21,824 Acquired goodwill — — Ending balance September 30, $ 21,824 $ 21,824 Acquired intangible assets were as follows at September 30, 2022 and December 31, 2021 (in thousands): At September 30, 2022 At December 31, 2021 Balance Acquired Accumulated Amortization Balance Acquired Accumulated Amortization Core deposit intangibles $ 5,975 $ 5,975 $ 5,975 $ 5,974 Other customer relationship intangibles 5,633 5,633 5,633 5,619 Total $ 11,608 $ 11,608 $ 11,608 $ 11,593 The Corporation had no aggregate amortization expense for the three month period ended September 30, 2022, and $42.0 thousand for the three month period ended September 30, 2021. Aggregate amortization expense was $15.0 thousand and $0.2 million for the nine month periods ended September 30, 2022 and 2021, respectively. As of September 30, 2022, there is no remaining estimated aggregate amortization expense.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2022
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 September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 44,335 $ 87,929 $ 20,772 $ 46,558 Unused lines of credit 4,631 331,477 4,745 288,368 Standby letters of credit — 17,407 — 7,974 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 Corporation received a recovery of $0.5 million in April, 2020, and continues to pursue recovery of the remaining $3.7 million and accumulated expenses as a result of purchasing the participation interest. In the normal course of business, there are various outstanding claims and legal proceedings involving the Corporation or its subsidiaries. As of September 30, 2022, 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)	9 Months Ended
	Sep. 30, 2022
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 July 1, 2022 $ (51,329) $ (4,016) $ (55,345) Other comprehensive income before reclassification (24,547) — (24,547) Amounts reclassified from accumulated other comprehensive income — 11 11 Net current period other comprehensive income (loss) (24,547) 11 (24,536) Balance at September 30, 2022 $ (75,876) $ (4,005) $ (79,881) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at July 1, 2021 $ 2,867 $ (6,725) $ (3,858) Other comprehensive income before reclassification (3,209) — (3,209) Amounts reclassified from accumulated other comprehensive income — 1 1 Net current period other comprehensive income (loss) (3,209) 1 (3,208) Balance at September 30, 2021 $ (342) $ (6,724) $ (7,066) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2022 $ (2,495) $ (4,035) $ (6,530) Other comprehensive income before reclassification (73,381) — (73,381) Amounts reclassified from accumulated other comprehensive income — 30 30 Net current period other comprehensive income (73,381) 30 (73,351) Balance at September 30, 2022 $ (75,876) $ (4,005) $ (79,881) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2021 $ 9,127 $ (6,726) $ 2,401 Other comprehensive income before reclassification (9,469) — (9,469) Amounts reclassified from accumulated other comprehensive income — 2 2 Net current period other comprehensive income (9,469) 2 (9,467) Balance at September 30, 2021 $ (342) $ (6,724) $ (7,066) 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 2022 2021 Amortization of defined pension plan and other benefit plan items: Prior service costs (a) $ — $ (55) Other components of net periodic pension and postretirement benefits Actuarial losses (a) 16 57 Other components of net periodic pension and postretirement benefits Tax effect (5) (1) Income tax expense Net of tax 11 1 Total reclassification for the period, net of tax $ 11 $ 1 (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	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	REVENUE FROM CONTRACTS WITH CUSTOMERS All of the Corporation's revenue from contracts with customers in the scope of ASC 606 is recognized within non-interest income. The following tables present the Corporation's non-interest income by revenue stream and reportable segment for the three and nine months ended September 30, 2022 and 2021 (in thousands). Items outside the scope of ASC 606 are noted as such. Three Months Ended September 30, 2022 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 846 $ — $ — $ 846 Other 143 — — 143 Interchange revenue from debit card transactions 1,126 — — 1,126 WMG fee income — 2,403 — 2,403 CFS fee and commission income — — 251 251 Net gains (losses) on sales of OREO 22 — — 22 Net gains on sales of loans (a) 7 — — 7 Loan servicing fees (a) 38 — — 38 Changes in fair value of equity investments (a) (96) — 3 (93) Income from bank-owned life insurance (a) 12 — — 12 Other (a) 319 — (38) 281 Total non-interest income (loss) $ 2,417 $ 2,403 $ 216 $ 5,036 (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 September 30, 2021 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 623 $ — $ — $ 623 Other 233 — — 233 Interchange revenue from debit card transactions 1,237 — — 1,237 WMG fee income — 2,765 — 2,765 CFS fee and commission income — — 346 346 Net gains (losses) on sales of OREO — — — — Net gains on sales of loans (a) 242 — — 242 Loan servicing fees (a) 38 — — 38 Changes in fair value of equity investments (a) (13) — 28 15 Income from bank-owned life insurance (a) 13 — — 13 Other (a) 464 — (6) 458 Total non-interest income $ 2,837 $ 2,765 $ 368 $ 5,970 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Nine Months Ended September 30, 2022 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 2,246 $ — $ — $ 2,246 Other 543 — — 543 Interchange revenue from debit card transactions 3,462 — — 3,462 WMG fee income — 7,788 — 7,788 CFS fee and commission income — — 775 775 Net gains (losses) on sales of OREO 68 — — 68 Net gains on sales of loans (a) 106 — — 106 Loan servicing fees (a) 115 — — 115 Net gains on sales of securities (a) — — — — Changes in fair value of equity investments (a) (446) — (2) (448) Income from bank-owned life insurance (a) 34 — — 34 Other (a) 1,424 — (95) 1,329 Total non-interest income $ 7,552 $ 7,788 $ 678 $ 16,018 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Nine Months Ended September 30, 2021 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 1,561 $ — $ — $ 1,561 Other 744 — — 744 Interchange revenue from debit card transactions 3,622 — — 3,622 WMG fee income — 8,246 — 8,246 CFS fee and commission income — — 796 796 Net gains on sales of OREO (18) — — (18) Net gains on sales of loans (a) 884 — — 884 Loan servicing fees (a) 108 — — 108 Net gains on sales of securities (a) — — — — Change in fair value of equity securities (a) 117 — 86 203 Income from bank-owned life insurance (a) 39 — — 39 Other (a) 1,930 — (32) 1,898 Total non-interest income $ 8,987 $ 8,246 $ 850 $ 18,083 (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	9 Months Ended
	Sep. 30, 2022
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 Nine Months Ended 2022 2021 2022 2021 Qualified Pension Plan Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 282 271 848 813 Expected return on plan assets (720) (673) (2,141) (2,019) Amortization of unrecognized transition obligation — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss — 38 — 113 Net periodic pension benefit $ (438) $ (364) $ (1,293) $ (1,093) Supplemental Pension Plan Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 8 8 25 24 Expected return on plan assets — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss 6 5 13 15 Net periodic supplemental pension cost $ 14 $ 13 $ 38 $ 39 Postretirement Plan, Medical and Life Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 1 1 3 5 Expected return on plan assets — — — — Amortization of unrecognized prior service cost — (55) — (165) Amortization of unrecognized net loss 10 14 28 41 Net periodic postretirement, medical and life benefit $ 11 $ (40) $ 31 $ (119)

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Sep. 30, 2022
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 2021 Annual Report on Form 10-K, which was filed with the SEC on March 23, 2022. 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 columns below includes amounts to eliminate transactions between segments (in thousands). Three months ended September 30, 2022 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 20,983 $ — $ 16 $ 20,999 Interest expense 2,009 — — 2,009 Net interest income 18,974 — 16 18,990 Provision for loan losses 1,255 — — 1,255 Net interest income after provision for loan losses 17,719 — 16 17,735 Other non-interest income 2,417 2,403 216 5,036 Other non-interest expenses 12,559 1,715 303 14,577 Income (loss) before income tax expense (benefit) 7,577 688 (71) 8,194 Income tax expense (benefit) 1,590 167 (16) 1,741 Segment net income (loss) $ 5,987 $ 521 $ (55) $ 6,453 Three months ended September 30, 2021 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 17,627 $ — $ 6 $ 17,633 Interest expense 801 — — 801 Net interest income 16,826 — 6 16,832 Provision for loan losses 356 — — 356 Net interest income after provision for loan losses 16,470 — 6 16,476 Other non-interest income 2,837 2,765 368 5,970 Legal accruals and settlements — — — — Other non-interest expenses 12,124 1,651 325 14,100 Income (loss) before income tax expense (benefit) 7,183 1,114 49 8,346 Income tax expense (benefit) 1,534 156 10 1,700 Segment net income (loss) $ 5,649 $ 958 $ 39 $ 6,646 Nine Months Ended September 30, 2022 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 56,965 $ — $ 30 $ 56,995 Interest expense 3,687 — — 3,687 Net interest income 53,278 — 30 53,308 Provision for loan losses (1,634) — — (1,634) Net interest income after provision for loan losses 54,912 — 30 54,942 Other non-interest income 7,552 7,788 678 16,018 Other non-interest expenses 37,316 5,180 1,091 43,587 Income (loss) before income tax expense (benefit) 25,148 2,608 (383) 27,373 Income tax expense (benefit) 5,523 605 (99) 6,029 Segment net income (loss) $ 19,625 $ 2,003 $ (284) $ 21,344 Segment assets $ 2,544,528 $ 2,804 $ 4,090 $ 2,551,422 Nine Months Ended September 30, 2021 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 51,298 $ — $ 20 $ 51,318 Interest expense 2,621 — — 2,621 Net interest income 48,677 — 20 48,697 Provision for loan losses (53) — — (53) Net interest income after provision for loan losses 48,730 — 20 48,750 Other non-interest income 8,987 8,246 850 18,083 Other non-interest expenses 35,401 4,921 982 41,304 Income (loss) before income tax expense (benefit) 22,316 3,325 (112) 25,529 Income tax expense (benefit) 4,865 735 (42) 5,558 Segment net income (loss) $ 17,451 $ 2,590 $ (70) $ 19,971 Segment assets $ 2,408,318 $ 3,126 $ 6,122 $ 2,417,566

STOCK COMPENSATION

STOCK COMPENSATION	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
STOCK COMPENSATION	STOCK COMPENSATION On June 8, 2021, the Corporation's shareholders approved the Corporation's 2021 Equity Incentive Plan (the "2021 Plan") which provides for the grant of stock-based awards to officers, employees and directors of the Corporation and the Bank. A Form S-8 Registration Statement was filed with the SEC on June 18, 2021 registering shares to be awarded under the 2021 Plan. Compensation expense is recognized over the vesting period of the awards based on the fair value of the stock at issue date. The 2021 Plan provides officers, employees and directors of the Corporation and the Bank with additional incentives to promote the growth and performance of the Corporation. The prior plan shall remain in existence solely for the purpose of administering outstanding grants. Under the terms of the 2021 Plan, the Corporation may make discretionary grants of restricted shares of the Corporation’s common stock to or for the benefit of employees selected to participate in the 2021 Plan, the chief executive officer and members of the Board of Directors. Awards are based on the performance, responsibility and contributions of the individual and are targeted at an average of the peer group. The maximum number of shares of the Corporation’s common stock that may be awarded as restricted shares related to the 2021 Plan may not exceed 170,000, upon which time a new plan may be created. Compensation expense for shares granted will be recognized over the vesting period of the award based upon the average closing price of the Corporation's stock for each of the prior 30 trading days ending on the grant date. During the nine months ended September 30, 2022 and 2021, 12,560 and 13,151 shares, respectively, were re-issued from treasury to fund stock compensation. The expense related to the grants made in the first quarter of 2022 is recognized over a one year vesting period. Expense related to this compensation of $0.2 million was recognized during each of the three month periods ended September 30, 2022 and 2021, respectively. Expense related to this compensation of $0.8 million and $0.7 million was recognized during the nine month periods ended September 30, 2022 and 2021, respectively. No shares were granted during the three month periods ended September 30, 2022 and 2021. A summary of restricted stock activity for the three and nine months ended September 30, 2022 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at July 1, 2022 47,607 $43.72 Granted — Vested — Forfeited or cancelled (48) $42.77 Nonvested at September 30, 2022 47,559 Shares Weighted–Average Grant Date Fair Value Nonvested at January 1, 2022 37,837 $42.99 Granted 12,560 $45.55 Vested (2,109) $42.51 Forfeited or cancelled (729) $40.69 Nonvested at September 30, 2022 47,559 $43.77

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2022
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 8 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 2021 Annual Report on Form 10-K for the year ended December 31, 2021. 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	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. The ASU supersedes current GAAP by replacing the incurred loss impairment method with a methodology that reflects lifetime expected credit losses and requires the consideration of a broader range of reasonable and supportable information to form credit loss estimates. In November 2019, the FASB adopted an amendment to postpone 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 delayed adoption. The Corporation has established a committee to oversee the implementation of CECL and has contracted a vendor to assist in model development and implementation, and is in the process of updating its policies and internal controls accordingly. Additionally the Corporation has contracted an independent third party to validate the selected model. The basis for the model of the quantitative portion of the estimation of expected credit losses is the historical loss experience amongst a curated group of peers. The Corporation utilized regression analyses of peer data, of which the Corporation was included, and where observed credit losses and selected economic factors were utilized to determine suitable loss drivers for modeling the lifetime rates of probability of default (PD). The chosen model utilizes a discounted cash flow (DCF) analysis for all loan portfolio segments as its foundation. Portfolio segments are the level at which loss assumptions are applied to a pool of loans based on the similarity of the risk characteristics inherent in the included instruments. The DCF analysis is run at the instrument-level and incorporates an array of loan-specific and segment-implied assumptions in order to determine the lifetime expected loss attributable to the instrument. The loss driver for each loan portfolio segment is derived from a readily available and reasonable economic forecast, which is applied over a four-quarter period, and incorporates an eight-quarter reversion to the historical mean on a straight-line basis beyond the reasonable forecast period. The selected model also incorporates qualitative factors in order to appropriately adjust for risk in a given portfolio segment that may not be fully captured through quantitative analysis. Determinations regarding qualitative adjustments are made based on management’s expectation of loss conditions differing from those already captured in the quantitative component of the model. The Corporation expects to recognize a one-time cumulative-effect adjustment to retained earnings upon adoption of CECL, effective January 1, 2023, in order to bring our allowance for credit losses (ACL) into conformity with the ASU, consistent with regulatory expectations set forth in interagency guidance. The Corporation is currently refining the assumptions built into its model, and is running parallel calculations on an ongoing basis. The Corporation estimates that under the ACL framework, the allowance for credit losses may increase, and the increase may be material, when compared to the amount being carried on the consolidated balance sheet at September 30, 2022. This increase encompasses the loans that the Corporation currently evaluates for impairment on an individual basis, loans evaluated collectively by pooled segment, and unfunded commitments made by the Corporation not currently carried on the balance sheet. Based on the composition and quality of the Corporation’s debt securities portfolio, management has determined there to be a zero loss estimate on securities that are backed by U.S. governmental agencies. In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging-Portfolio Layer Method. The amendments in this ASU expand the current last-of-layer hedging model from a single-layer method to allow multiple hedged layers of a single closed portfolio. To reflect that expansion, the last-of-layer method is renamed the portfolio layer method. In addition, ASU 2022-01 (1) expands the scope of the portfolio layer method to include non-prepayable assets, (2) specifies eligible hedging instruments in a single-layer hedge, (3) provides additional guidance on the accounting for and disclosure of hedge basis adjustments under the portfolio layer method and (4) specifies how edge basis adjustments should be considered when determining credit losses for the assets included in the closed portfolio. ASU 2022-01 is effective for interim and annual periods beginning after December 15, 2022, although early adoption is permitted. Upon adoption, ASU 2022-01 is not expected to have a significant impact on the Corporation's financial condition or results of operations. In March 2022, the FASB issued ASU 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. The ASU made certain targeted amendments specific to troubled debt restructurings (TDRs) by creditors and vintage disclosure related to gross write-offs. Upon adoption, the Corporation will be required to apply the loan and refinancing and restructuring guidance to determine whether a modification results in a new loan or a continuation of an existing loan, rather than applying the recognition and measurement guidance for TDRs. The ASU also requires companies to disclose current-period gross write-offs by year of origination for financing receivables and net investment in leases within scope of Subtopic 326-20. ASU 2022-02 is effective for periods beginning after December 15, 2022. The Corporation will adopt ASU 2016-13 effective January 1, 2023 and will simultaneously implement ASU 2022-02. Risks and Uncertainties - COVID-19 The Corporation's unaudited 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. As part of this analysis, management identified what it believes to be higher risk loans through a detailed analysis of industry codes. During 2020, management increased certain allowance qualitative factors 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. As part of this analysis, the Corporation released the final $1.2 million of the pandemic related portion of the allowance in the third quarter of 2022. In total, the Corporation released $4.3 million and utilized $0.5 million of the pandemic related allowance established in 2020.
Earnings Per Common Share	Basic earnings per share is net income divided by the weighted average number of common shares outstanding during the period. Issuable shares, including those related to directors’ restricted stock shares, 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 nonforfeitable 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)	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of 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): September 30, 2022 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value U.S. Treasury notes and bonds $ 61,791 $ — $ 6,741 $ 55,050 Mortgage-backed securities, residential 530,372 — 89,738 440,634 Obligations of states and political subdivisions 39,916 — 3,036 36,880 Corporate bonds and notes 25,750 — 1,513 24,237 SBA loan pools 85,337 204 1,990 83,551 Total $ 743,166 $ 204 $ 103,018 $ 640,352 December 31, 2021 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value U.S. Treasury notes and bonds $ 61,084 $ 27 $ 680 $ 60,431 Mortgage-backed securities, residential 582,060 4,032 8,731 577,361 Obligations of states and political subdivisions 40,299 2,004 — 42,303 Corporate bonds and notes 22,750 180 82 22,848 SBA loan pools 89,216 344 477 89,083 Total $ 795,409 $ 6,587 $ 9,970 $ 792,026
Schedule of 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): September 30, 2022 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 1,981 $ — $ — $ 1,981 Time deposits with other financial institutions 1,229 — 5 1,224 Total $ 3,210 $ — $ 5 $ 3,205 December 31, 2021 Amortized Cost Unrecognized Gains Unrecognized Losses Estimated Fair Value Obligations of states and political subdivisions $ 2,157 $ — $ — $ 2,157 Time deposits with other financial institutions 1,633 6 — 1,639 Total $ 3,790 $ 6 $ — $ 3,796
Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity	Securities not due at a single maturity date are shown separately (in thousands): September 30, 2022 Available for Sale Held to Maturity Amortized Fair Amortized Fair Within one year $ 2,937 $ 2,862 $ 2,204 $ 2,199 After one, but within five years 103,872 93,767 1,006 1,006 After five, but within ten years 20,178 19,142 — — After ten years 470 396 — — 127,457 116,167 3,210 3,205 Mortgage-backed securities, residential 530,372 440,634 — — SBA loan pools 85,337 83,551 — — Total $ 743,166 $ 640,352 $ 3,210 $ 3,205
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value	The following tables summarize the investment securities available for sale with unrealized losses at September 30, 2022 and December 31, 2021 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 September 30, 2022 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury notes and bonds $ 18,733 $ 2,155 $ 36,317 $ 4,586 $ 55,050 $ 6,741 Mortgage-backed securities, residential 137,623 17,742 303,011 71,996 440,634 89,738 Obligations of states and political subdivisions 36,685 3,036 — — 36,685 3,036 Corporate bonds and notes 9,615 1,135 4,621 378 14,236 1,513 SBA loan pools 26,290 982 38,214 1,008 64,504 1,990 Total temporarily impaired securities $ 228,946 $ 25,050 $ 382,163 $ 77,968 $ 611,109 $ 103,018 Less than 12 months 12 months or longer Total December 31, 2021 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. Treasury notes and bonds $ 49,084 $ 680 $ — $ — $ 49,084 $ 680 Mortgage-backed securities, residential 293,720 4,502 122,050 4,229 415,770 8,731 Corporate bonds and notes 4,928 72 1,989 10 6,917 82 SBA loan pools 51,235 296 13,769 181 65,004 477 Total temporarily impaired securities $ 398,967 $ 5,550 $ 137,808 $ 4,420 $ 536,775 $ 9,970

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	9 Months Ended
	Sep. 30, 2022
Receivables [Abstract]
Schedule of 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): September 30, 2022 December 31, 2021 Commercial and agricultural: Commercial and industrial $ 262,014 $ 256,893 Agricultural 75 394 Commercial mortgages: Construction 105,330 82,204 Commercial mortgages, other 836,190 720,358 Residential mortgages 283,128 259,334 Consumer loans: Home equity lines and loans 76,871 70,670 Indirect consumer loans 168,214 118,569 Direct consumer loans 10,933 9,827 Total loans, net of deferred loan fees and costs 1,742,755 1,518,249 Interest receivable on loans 5,128 4,133 Total recorded investment in loans $ 1,747,883 $ 1,522,382
Schedule of 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 September 30, 2022 and 2021 (in thousands): Three Months Ended September 30, 2022 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 3,564 $ 10,314 $ 1,714 $ 1,893 $ 17,485 Charge-offs — — — (277) (277) Recoveries 6 1 40 121 168 Net recoveries (charge-offs) 6 1 40 (156) (109) Provision (55) 671 42 597 1,255 Ending balance $ 3,515 $ 10,986 $ 1,796 $ 2,334 $ 18,631 Three Months Ended September 30, 2021 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 3,628 $ 12,963 $ 1,791 $ 2,294 $ 20,676 Charge-offs — (44) — (190) (234) Recoveries 8 1 — 133 142 Net recoveries (charge-offs) 8 (43) — (57) (92) Provision (15) 361 80 (70) 356 Ending balance $ 3,621 $ 13,281 $ 1,871 $ 2,167 $ 20,940 The following tables present the activity in the allowance for loan losses by portfolio segment for the nine month periods ended September 30, 2022 and 2021 (in thousands): Nine Months Ended September 30, 2022 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 3,591 $ 13,556 $ 1,803 $ 2,075 $ 21,025 Charge-offs (20) (687) — (599) (1,306) Recoveries 37 3 40 466 546 Net recoveries (charge-offs) 17 (684) 40 (133) (760) Provision (93) (1,886) (47) 392 (1,634) Ending balance $ 3,515 $ 10,986 $ 1,796 $ 2,334 $ 18,631 Nine Months Ended September 30, 2021 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 4,493 $ 11,496 $ 2,079 $ 2,856 $ 20,924 Charge-offs (25) (44) (71) (510) (650) Recoveries 283 2 10 424 719 Net recoveries (charge-offs) 258 (42) (61) (86) 69 Provision (1,130) 1,827 (147) (603) (53) Ending balance $ 3,621 $ 13,281 $ 1,871 $ 2,167 $ 20,940
Schedule of 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 September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 1,323 $ 41 $ — $ 41 $ 1,405 Collectively evaluated for impairment 2,192 10,945 1,796 2,293 17,226 Total ending allowance balance $ 3,515 $ 10,986 $ 1,796 $ 2,334 $ 18,631 December 31, 2021 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 1,394 $ 1,571 $ — $ 65 $ 3,030 Collectively evaluated for impairment 2,197 11,985 1,803 2,010 17,995 Total ending allowance balance $ 3,591 $ 13,556 $ 1,803 $ 2,075 $ 21,025 September 30, 2022 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 2,531 $ 4,313 $ 768 $ 277 $ 7,889 Loans collectively evaluated for impairment 260,388 940,188 283,076 256,342 1,739,994 Total ending loans balance $ 262,919 $ 944,501 $ 283,844 $ 256,619 $ 1,747,883 December 31, 2021 Loans: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 2,427 $ 7,967 $ 938 $ 315 $ 11,647 Loans collectively evaluated for impairment 255,586 796,858 259,029 199,262 1,510,735 Total ending loans balance $ 258,013 $ 804,825 $ 259,967 $ 199,577 $ 1,522,382
Schedule of Impaired Financing Receivables	The following table presents loans individually evaluated for impairment recognized by class of loans as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 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 $ 570 $ 569 $ — $ 954 $ 948 $ — Commercial mortgages: Construction 12 12 — 129 130 — Commercial mortgages, other 4,261 4,260 — 6,940 4,278 — Residential mortgages 777 768 — 951 938 — Consumer loans: Home equity lines and loans 160 144 — 185 169 — With an allowance recorded: Commercial and agricultural: Commercial and industrial 1,961 1,962 1,323 5,350 1,479 1,394 Commercial mortgages: Commercial mortgages, other 41 41 41 3,550 3,559 1,571 Consumer loans: Home equity lines and loans 133 133 41 146 146 65 Total $ 7,915 $ 7,889 $ 1,405 $ 18,205 $ 11,647 $ 3,030 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 nine month periods ended September 30, 2022 and 2021 (in thousands): Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended With no related allowance recorded: Average Recorded Investment Interest Income Recognized( 1) Average Recorded Investment Interest Income Recognized( 1) Average Recorded Investment Interest Income Recognized( 1) Average Recorded Investment Interest Income Recognized( 1) Commercial and agricultural: Commercial and industrial $ 585 $ — $ 1,378 $ 3 $ 761 $ — $ 1,645 $ 3 Commercial mortgages: Construction 55 — 151 1 88 — 167 5 Commercial mortgages, other 4,150 7 4,665 8 4,171 14 4,743 23 Residential mortgages 846 9 950 12 890 19 1,034 29 Consumer loans: Home equity lines & loans 149 — 184 2 157 — 299 5 With an allowance recorded: Commercial and agricultural: Commercial and industrial 1,643 2 1,545 4 1,545 5 1,511 6 Commercial mortgages: Commercial mortgages, other 42 — 3,644 25 1,563 — 1,905 25 Consumer loans: Home equity lines and loans 134 — 155 — 139 — 160 — Total $ 7,604 $ 18 $ 12,672 $ 55 $ 9,314 $ 38 $ 11,464 $ 96 (1) Cash basis interest income approximates interest income recognized.
Schedule of Recorded Investment in Past Due and Non-Accrual Status by Class of Loans	The following table presents the recorded investment in non-accrual and loans past due 90 days or more and still accruing by class of loan as of September 30, 2022 and December 31, 2021 (in thousands): Non-accrual Loans Past Due 90 Days or More and Still Accruing September 30, 2022 December 31, 2021 September 30, 2022 December 31, 2021 Commercial and agricultural: Commercial and industrial $ 2,360 $ 1,932 $ — $ 4 Commercial mortgages: Construction 12 34 — — Commercial mortgages, other 3,840 3,844 — — Residential mortgages 699 1,039 — — Consumer loans: Home equity lines and loans 833 790 — — Indirect consumer loans 565 462 — — Direct consumer loans 1 13 — — Total $ 8,310 $ 8,114 $ — $ 4 The following tables present the aging of the recorded investment in loans as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 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 $ 12 $ — $ 101 $ 113 $ 262,731 $ 262,844 Agricultural — — — — 75 75 Commercial mortgages: Construction 12 — — 12 105,652 105,664 Commercial mortgages, other 246 17 531 794 838,043 838,837 Residential mortgages 1,952 316 396 2,664 281,180 283,844 Consumer loans: Home equity lines and loans 133 159 457 749 76,356 77,105 Indirect consumer loans 905 230 270 1,405 167,126 168,531 Direct consumer loans 3 1 — 4 10,979 10,983 Total $ 3,263 $ 723 $ 1,755 $ 5,741 $ 1,742,142 $ 1,747,883 December 31, 2021 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 $ 413 $ 148 $ 26 $ 587 $ 257,031 $ 257,618 Agricultural — — — — 395 395 Commercial mortgages: Construction — — — — 82,435 82,435 Commercial mortgages, other 24 224 1,302 1,550 720,840 722,390 Residential mortgages 580 32 652 1,264 258,703 259,967 Consumer loans: Home equity lines and loans 256 69 424 749 70,105 70,854 Indirect consumer loans 1,179 424 255 1,858 116,997 118,855 Direct consumer loans 24 11 13 48 9,820 9,868 Total $ 2,476 $ 908 $ 2,672 $ 6,056 $ 1,516,326 $ 1,522,382
Schedule of Loans by Class Modified as Troubled Debt Restructurings	The following table presents loans by class modified as TDRs that occurred during the three month period ended September 30, 2021 (dollars in thousands): September 30, 2021 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial mortgages: Commercial mortgages, other 2 $ 502 $ 502 Total 2 $ 502 $ 502 The following table presents loans by class modified as TDRs that occurred during the nine month period ended September 30, 2021 (dollars in thousands): September 30, 2021 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial and agricultural: Commercial and industrial — $ — $ — Commercial mortgages: Commercial mortgages, other 6 $ 6,596 $ 6,596 Total 6 $ 6,596 $ 6,596
Schedule of Risk Category of the Recorded Investment of Loans by Class of Loans	Based on the analyses performed as of September 30, 2022 and December 31, 2021, the risk category of the recorded investment of loans by class of loans is as follows (in thousands): September 30, 2022 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 255,235 $ 3,366 $ 3,313 $ 930 $ 262,844 Agricultural — 75 — — — 75 Commercial mortgages: Construction — 105,473 179 12 — 105,664 Commercial mortgages — 802,080 28,910 7,806 41 838,837 Residential mortgages 283,145 — — 699 — 283,844 Consumer loans: Home equity lines and loans 76,272 — — 833 — 77,105 Indirect consumer loans 167,966 — — 565 — 168,531 Direct consumer loans 10,983 — — — — 10,983 Total $ 538,366 $ 1,162,863 $ 32,455 $ 13,228 $ 971 $ 1,747,883 December 31, 2021 Not Rated Pass Special Mention Substandard Doubtful Total Commercial and agricultural: Commercial and industrial $ — $ 250,529 $ 2,892 $ 3,108 $ 1,089 $ 257,618 Agricultural — 395 — — — 395 Commercial mortgages: Construction — 82,404 — 31 — 82,435 Commercial mortgages — 672,741 31,072 17,458 1,119 722,390 Residential mortgages 258,928 — — 1,039 — 259,967 Consumer loans: Home equity lines and loans 70,064 — — 790 — 70,854 Indirect consumer loans 118,393 — — 462 — 118,855 Direct consumer loans 9,855 — — 13 — 9,868 Total $ 457,240 $ 1,006,069 $ 33,964 $ 22,901 $ 2,208 $ 1,522,382
Schedule of 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 September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 Consumer Loans Residential Mortgages Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 283,145 $ 76,272 $ 167,966 $ 10,982 Non-Performing 699 833 565 1 $ 283,844 $ 77,105 $ 168,531 $ 10,983 December 31, 2021 Consumer Loans Residential Mortgages Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 258,928 $ 70,064 $ 118,393 $ 9,855 Non-Performing 1,039 790 462 13 $ 259,967 $ 70,854 $ 118,855 $ 9,868

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Schedule 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 September 30, 2022 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs U.S. Treasury notes and bonds $ 55,050 $ 55,050 $ — $ — Mortgage-backed securities, residential 440,634 — 440,634 — Obligations of states and political subdivisions 36,880 — 36,880 — Corporate bonds and notes 24,237 — 24,237 — SBA loan pools 83,551 — 83,551 — Total available for sale securities $ 640,352 $ 55,050 $ 585,302 $ — Equity investments, at fair value $ 2,184 $ 2,184 $ — $ — Derivative assets 28,600 — 28,600 — Financial Liabilities: Derivative liabilities $ 28,603 $ — $ 28,603 $ — There were no transfers between Level 1 and Level 2 during the three and nine month periods ended September 30, 2022. Fair Value Measurement at December 31, 2021 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs U.S. Treasury notes and bonds $ 60,431 $ 60,431 $ — $ — Mortgage-backed securities, residential 577,361 — 577,361 — Obligations of states and political subdivisions 42,303 — 42,303 — Corporate bonds and notes 22,848 — 22,848 — SBA loan pools 89,083 — 89,083 — Total available for sale securities $ 792,026 $ 60,431 $ 731,595 $ — Equity investments, at fair value $ 2,404 $ 2,404 $ — $ — Derivative assets 9,498 — 9,498 — Financial Liabilities: Derivative liabilities $ 9,726 $ — $ 9,726 $ —
Information Related To Level 3 Non-Recurring Fair Value Measurement	Assets and liabilities measured at fair value on a non-recurring basis are summarized below (in thousands): Fair Value Measurement at September 30, 2022 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Gains (Losses) Other real estate owned: Residential mortgages $ 124 $ — $ — $ 124 $ — Consumer loans: Home equity lines and loans 60 — — 60 — Total other real estate owned, net $ 184 $ — $ — $ 184 $ — Fair Value Measurement at December 31, 2021 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Gains (Losses) Other real estate owned: Residential mortgages $ 143 $ — $ — $ 143 $ — Total other real estate owned, net $ 143 $ — $ — $ 143 $ — The following tables present information related to Level 3 non-recurring fair value measurement at September 30, 2022 and December 31, 2021 (in thousands): Description Fair Value at September 30, 2022 Valuation Technique Unobservable Inputs Range [Weighted Average] at September 30, 2022 OREO: Residential mortgages $ 124 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] Consumer loans: Home equity lines and loans 60 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] $ 184 Description Fair Value at December 31, 2021 Valuation Technique Unobservable Inputs Range [Weighted Average] at December 31, 2021 OREO: Residential mortgages $ 143 Sales comparison Discount to appraised value 20.80% - 20.80% [20.80%] $ 143
Schedule of Carrying Value and Estimated Fair Value of Financial Instruments	The carrying amounts and estimated fair values of other financial instruments, at September 30, 2022 and December 31, 2021, are as follows (in thousands): September 30, 2022 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 $ 32,262 $ 32,262 $ — $ — $ 32,262 Interest-earning deposits in other financial institutions 10,161 10,161 — — 10,161 Equity investments 2,677 2,677 — — 2,677 Securities available for sale 640,352 55,050 585,302 — 640,352 Securities held to maturity 3,210 — 957 1,981 2,938 FHLBNY and FRBNY stock 3,872 — — — N/A Loans, net and loans held for sale 1,724,124 — — 1,697,283 1,697,283 Accrued interest receivable 7,112 142 1,842 5,128 7,112 Derivative Assets 28,600 — 28,600 — 28,600 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,982,676 $ 1,982,676 $ — $ — $ 1,982,676 Time deposits 349,864 — 348,585 — 348,585 Accrued interest payable 343 28 315 — 343 Derivative Liabilities 28,603 — 28,603 — 28,603 (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, 2021 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 $ 17,365 $ 17,365 $ — $ — $ 17,365 Interest-earning deposits in other financial institutions 9,616 9,616 — — 9,616 Equity investments 2,964 2,964 — — 2,964 Securities available for sale 792,026 60,431 731,595 — 792,026 Securities held to maturity 3,790 — 1,639 2,157 3,796 FHLBNY and FRBNY stock 4,218 — — — N/A Loans, net and loans held for sale 1,497,620 — — 1,480,967 1,480,967 Accrued interest receivable 5,985 106 1,746 4,133 5,985 Derivative Asset 9,498 — 9,498 — 9,498 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,959,076 $ 1,959,076 $ — $ — $ 1,959,076 Time deposits 196,357 — 197,658 — 197,658 Accrued interest payable 210 10 200 — 210 Derivative Liabilities 9,726 — 9,726 — 9,726 (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)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Schedule of Leased Branch Properties	Leased branch properties at September 30, 2022 and December 31, 2021 consist of the following (in thousands): September 30, 2022 December 31, 2021 Operating lease right-of-use asset $ 7,234 $ 7,145 Less: accumulated amortization (588) (759) Less: lease termination — (313) Add: new lease agreement and modifications — 1,161 Operating lease right-of-use-assets, net $ 6,646 $ 7,234
Schedule of Undiscounted Cash Flows of the Operating Lease Liabilities	The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges, as of September 30, 2022 (in thousands): Year Amount 2022 $ 243 2023 992 2024 924 2025 841 2026 845 2027 and thereafter 4,022 Total minimum lease payments 7,867 Less: amount representing interest (1,057) Present value of net minimum lease payments $ 6,810
Schedule of Leases in Premises and Equipment	The Corporation has included these leases in premises and equipment September 30, 2022 December 31, 2021 Buildings $ 5,572 $ 5,572 Less: accumulated depreciation (2,457) (2,208) Net book value $ 3,115 $ 3,364
Schedule of Future Minimum Financial Lease Payments	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 September 30, 2022 (in thousands): Year Amount 2022 $ 98 2023 391 2024 391 2025 409 2026 425 2027 and thereafter 2,415 Total minimum lease payments 4,129 Less: amount representing interest (735) Present value of net minimum lease payments $ 3,394

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in Goodwill	The changes in goodwill included in the core banking segment during the nine month periods ended September 30, 2022 and 2021 were as follows (in thousands): 2022 2021 Beginning of year $ 21,824 $ 21,824 Acquired goodwill — — Ending balance September 30, $ 21,824 $ 21,824
Schedule of Acquired Finite-Lived Intangible Assets by Major Class	Acquired intangible assets were as follows at September 30, 2022 and December 31, 2021 (in thousands): At September 30, 2022 At December 31, 2021 Balance Acquired Accumulated Amortization Balance Acquired Accumulated Amortization Core deposit intangibles $ 5,975 $ 5,975 $ 5,975 $ 5,974 Other customer relationship intangibles 5,633 5,633 5,633 5,619 Total $ 11,608 $ 11,608 $ 11,608 $ 11,593

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of 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 September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 44,335 $ 87,929 $ 20,772 $ 46,558 Unused lines of credit 4,631 331,477 4,745 288,368 Standby letters of credit — 17,407 — 7,974

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Schedule of 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 July 1, 2022 $ (51,329) $ (4,016) $ (55,345) Other comprehensive income before reclassification (24,547) — (24,547) Amounts reclassified from accumulated other comprehensive income — 11 11 Net current period other comprehensive income (loss) (24,547) 11 (24,536) Balance at September 30, 2022 $ (75,876) $ (4,005) $ (79,881) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at July 1, 2021 $ 2,867 $ (6,725) $ (3,858) Other comprehensive income before reclassification (3,209) — (3,209) Amounts reclassified from accumulated other comprehensive income — 1 1 Net current period other comprehensive income (loss) (3,209) 1 (3,208) Balance at September 30, 2021 $ (342) $ (6,724) $ (7,066) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2022 $ (2,495) $ (4,035) $ (6,530) Other comprehensive income before reclassification (73,381) — (73,381) Amounts reclassified from accumulated other comprehensive income — 30 30 Net current period other comprehensive income (73,381) 30 (73,351) Balance at September 30, 2022 $ (75,876) $ (4,005) $ (79,881) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2021 $ 9,127 $ (6,726) $ 2,401 Other comprehensive income before reclassification (9,469) — (9,469) Amounts reclassified from accumulated other comprehensive income — 2 2 Net current period other comprehensive income (9,469) 2 (9,467) Balance at September 30, 2021 $ (342) $ (6,724) $ (7,066)
Schedule of 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 2022 2021 Amortization of defined pension plan and other benefit plan items: Prior service costs (a) $ — $ (55) Other components of net periodic pension and postretirement benefits Actuarial losses (a) 16 57 Other components of net periodic pension and postretirement benefits Tax effect (5) (1) Income tax expense Net of tax 11 1 Total reclassification for the period, net of tax $ 11 $ 1 (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 (Loss) Components Nine Months Ended September 30, Affected Line Item 2022 2021 Amortization of defined pension plan and other benefit plan items: Prior service costs (a) $ — $ (165) Other components of net periodic pension and postretirement benefits Actuarial losses (a) 41 169 Other components of net periodic pension and postretirement benefits Tax effect (11) (2) Income tax expense Net of tax 30 2 Total reclassification for the period, net of tax $ 30 $ 2 (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)	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	The following tables present the Corporation's non-interest income by revenue stream and reportable segment for the three and nine months ended September 30, 2022 and 2021 (in thousands). Items outside the scope of ASC 606 are noted as such. Three Months Ended September 30, 2022 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 846 $ — $ — $ 846 Other 143 — — 143 Interchange revenue from debit card transactions 1,126 — — 1,126 WMG fee income — 2,403 — 2,403 CFS fee and commission income — — 251 251 Net gains (losses) on sales of OREO 22 — — 22 Net gains on sales of loans (a) 7 — — 7 Loan servicing fees (a) 38 — — 38 Changes in fair value of equity investments (a) (96) — 3 (93) Income from bank-owned life insurance (a) 12 — — 12 Other (a) 319 — (38) 281 Total non-interest income (loss) $ 2,417 $ 2,403 $ 216 $ 5,036 (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 September 30, 2021 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 623 $ — $ — $ 623 Other 233 — — 233 Interchange revenue from debit card transactions 1,237 — — 1,237 WMG fee income — 2,765 — 2,765 CFS fee and commission income — — 346 346 Net gains (losses) on sales of OREO — — — — Net gains on sales of loans (a) 242 — — 242 Loan servicing fees (a) 38 — — 38 Changes in fair value of equity investments (a) (13) — 28 15 Income from bank-owned life insurance (a) 13 — — 13 Other (a) 464 — (6) 458 Total non-interest income $ 2,837 $ 2,765 $ 368 $ 5,970 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Nine Months Ended September 30, 2022 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 2,246 $ — $ — $ 2,246 Other 543 — — 543 Interchange revenue from debit card transactions 3,462 — — 3,462 WMG fee income — 7,788 — 7,788 CFS fee and commission income — — 775 775 Net gains (losses) on sales of OREO 68 — — 68 Net gains on sales of loans (a) 106 — — 106 Loan servicing fees (a) 115 — — 115 Net gains on sales of securities (a) — — — — Changes in fair value of equity investments (a) (446) — (2) (448) Income from bank-owned life insurance (a) 34 — — 34 Other (a) 1,424 — (95) 1,329 Total non-interest income $ 7,552 $ 7,788 $ 678 $ 16,018 (a) Not within scope of ASC 606. (b) The Holding Company, CFS, and CRM column above includes amounts to eliminate transactions between segments. Nine Months Ended September 30, 2021 Revenue by Operating Segment: Core Banking WMG Holding Company, CFS, and CRM (b) Total Non-interest income Service charges on deposit accounts Overdraft fees $ 1,561 $ — $ — $ 1,561 Other 744 — — 744 Interchange revenue from debit card transactions 3,622 — — 3,622 WMG fee income — 8,246 — 8,246 CFS fee and commission income — — 796 796 Net gains on sales of OREO (18) — — (18) Net gains on sales of loans (a) 884 — — 884 Loan servicing fees (a) 108 — — 108 Net gains on sales of securities (a) — — — — Change in fair value of equity securities (a) 117 — 86 203 Income from bank-owned life insurance (a) 39 — — 39 Other (a) 1,930 — (32) 1,898 Total non-interest income $ 8,987 $ 8,246 $ 850 $ 18,083 (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)	9 Months Ended
	Sep. 30, 2022
Retirement Benefits [Abstract]
Schedule of 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 Nine Months Ended 2022 2021 2022 2021 Qualified Pension Plan Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 282 271 848 813 Expected return on plan assets (720) (673) (2,141) (2,019) Amortization of unrecognized transition obligation — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss — 38 — 113 Net periodic pension benefit $ (438) $ (364) $ (1,293) $ (1,093) Supplemental Pension Plan Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 8 8 25 24 Expected return on plan assets — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss 6 5 13 15 Net periodic supplemental pension cost $ 14 $ 13 $ 38 $ 39 Postretirement Plan, Medical and Life Service cost, benefits earned during the period $ — $ — $ — $ — Interest cost on projected benefit obligation 1 1 3 5 Expected return on plan assets — — — — Amortization of unrecognized prior service cost — (55) — (165) Amortization of unrecognized net loss 10 14 28 41 Net periodic postretirement, medical and life benefit $ 11 $ (40) $ 31 $ (119)

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Schedule of Summarized Financial Information Showing Reconciliation of Segment Net Income Loss and Assets to Consolidated Results	The Holding Company, CFS, and CRM columns below includes amounts to eliminate transactions between segments (in thousands). Three months ended September 30, 2022 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 20,983 $ — $ 16 $ 20,999 Interest expense 2,009 — — 2,009 Net interest income 18,974 — 16 18,990 Provision for loan losses 1,255 — — 1,255 Net interest income after provision for loan losses 17,719 — 16 17,735 Other non-interest income 2,417 2,403 216 5,036 Other non-interest expenses 12,559 1,715 303 14,577 Income (loss) before income tax expense (benefit) 7,577 688 (71) 8,194 Income tax expense (benefit) 1,590 167 (16) 1,741 Segment net income (loss) $ 5,987 $ 521 $ (55) $ 6,453 Three months ended September 30, 2021 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 17,627 $ — $ 6 $ 17,633 Interest expense 801 — — 801 Net interest income 16,826 — 6 16,832 Provision for loan losses 356 — — 356 Net interest income after provision for loan losses 16,470 — 6 16,476 Other non-interest income 2,837 2,765 368 5,970 Legal accruals and settlements — — — — Other non-interest expenses 12,124 1,651 325 14,100 Income (loss) before income tax expense (benefit) 7,183 1,114 49 8,346 Income tax expense (benefit) 1,534 156 10 1,700 Segment net income (loss) $ 5,649 $ 958 $ 39 $ 6,646 Nine Months Ended September 30, 2022 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 56,965 $ — $ 30 $ 56,995 Interest expense 3,687 — — 3,687 Net interest income 53,278 — 30 53,308 Provision for loan losses (1,634) — — (1,634) Net interest income after provision for loan losses 54,912 — 30 54,942 Other non-interest income 7,552 7,788 678 16,018 Other non-interest expenses 37,316 5,180 1,091 43,587 Income (loss) before income tax expense (benefit) 25,148 2,608 (383) 27,373 Income tax expense (benefit) 5,523 605 (99) 6,029 Segment net income (loss) $ 19,625 $ 2,003 $ (284) $ 21,344 Segment assets $ 2,544,528 $ 2,804 $ 4,090 $ 2,551,422 Nine Months Ended September 30, 2021 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 51,298 $ — $ 20 $ 51,318 Interest expense 2,621 — — 2,621 Net interest income 48,677 — 20 48,697 Provision for loan losses (53) — — (53) Net interest income after provision for loan losses 48,730 — 20 48,750 Other non-interest income 8,987 8,246 850 18,083 Other non-interest expenses 35,401 4,921 982 41,304 Income (loss) before income tax expense (benefit) 22,316 3,325 (112) 25,529 Income tax expense (benefit) 4,865 735 (42) 5,558 Segment net income (loss) $ 17,451 $ 2,590 $ (70) $ 19,971 Segment assets $ 2,408,318 $ 3,126 $ 6,122 $ 2,417,566

STOCK COMPENSATION (Tables)

STOCK COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Restricted Stock Activity	A summary of restricted stock activity for the three and nine months ended September 30, 2022 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at July 1, 2022 47,607 $43.72 Granted — Vested — Forfeited or cancelled (48) $42.77 Nonvested at September 30, 2022 47,559 Shares Weighted–Average Grant Date Fair Value Nonvested at January 1, 2022 37,837 $42.99 Granted 12,560 $45.55 Vested (2,109) $42.51 Forfeited or cancelled (729) $40.69 Nonvested at September 30, 2022 47,559 $43.77

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended	33 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2022
Unusual or Infrequent Item, or Both [Line Items]
Charge offs	$ 277	$ 234	$ 1,306	$ 650
Provision for loan losses	1,255	$ 356	$ (1,634)	$ (53)
COVID-19
Unusual or Infrequent Item, or Both [Line Items]
Charge offs	$ 1,200					$ 4,300
Provision for loan losses					$ 500

EARNINGS PER COMMON SHARE (Deta

EARNINGS PER COMMON SHARE (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Weighted average shares outstanding, basic (in shares)	4,692,000	4,678,000	4,691,000	4,683,000
Weighted average shares outstanding, diluted (in shares)	4,692,000	4,678,000	4,691,000	4,683,000
Dilutive common stock equivalents (in shares)	0	0	0	0

SECURITIES - Securities Availab

SECURITIES - Securities Available for Sale (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Amortized cost and estimated fair value of securities available for sale
Amortized Cost	$ 743,166,000		$ 795,409,000
Unrealized Gains	204,000		6,587,000
Unrealized Losses	103,018,000		9,970,000
Estimated Fair Value	640,352,000		792,026,000
Amortized Cost
Within one year	2,937,000
After one, but within five years	103,872,000
After five, but within ten years	20,178,000
After ten years	470,000
Total	127,457,000
Amortized Cost	743,166,000		795,409,000
Fair Value
Within one year	2,862,000
After one, but within five years	93,767,000
After five, but within ten years	19,142,000
After ten years	396,000
Total	116,167,000
Total	640,352,000		792,026,000
Proceeds from sales and calls of securities resulting in gains or losses
Proceeds	0	$ 0
U.S. Treasury notes and bonds
Amortized cost and estimated fair value of securities available for sale
Amortized Cost	61,791,000		61,084,000
Unrealized Gains	0		27,000
Unrealized Losses	6,741,000		680,000
Estimated Fair Value	55,050,000		60,431,000
Amortized Cost
Amortized Cost	61,791,000		61,084,000
Fair Value
Total	55,050,000		60,431,000
Mortgage-backed securities, residential
Amortized cost and estimated fair value of securities available for sale
Amortized Cost	530,372,000		582,060,000
Unrealized Gains	0		4,032,000
Unrealized Losses	89,738,000		8,731,000
Estimated Fair Value	440,634,000		577,361,000
Amortized Cost
Without single maturity date	530,372,000
Amortized Cost	530,372,000		582,060,000
Fair Value
Without single maturity date	440,634,000
Total	440,634,000		577,361,000
Obligations of states and political subdivisions
Amortized cost and estimated fair value of securities available for sale
Amortized Cost	39,916,000		40,299,000
Unrealized Gains	0		2,004,000
Unrealized Losses	3,036,000		0
Estimated Fair Value	36,880,000		42,303,000
Amortized Cost
Amortized Cost	39,916,000		40,299,000
Fair Value
Total	36,880,000		42,303,000
Corporate bonds and notes
Amortized cost and estimated fair value of securities available for sale
Amortized Cost	25,750,000		22,750,000
Unrealized Gains	0		180,000
Unrealized Losses	1,513,000		82,000
Estimated Fair Value	24,237,000		22,848,000
Amortized Cost
Amortized Cost	25,750,000		22,750,000
Fair Value
Total	24,237,000		22,848,000
SBA loan pools
Amortized cost and estimated fair value of securities available for sale
Amortized Cost	85,337,000		89,216,000
Unrealized Gains	204,000		344,000
Unrealized Losses	1,990,000		477,000
Estimated Fair Value	83,551,000		89,083,000
Amortized Cost
Without single maturity date	85,337,000
Amortized Cost	85,337,000		89,216,000
Fair Value
Without single maturity date	83,551,000
Total	$ 83,551,000		$ 89,083,000

SECURITIES - Securities Held to

SECURITIES - Securities Held to Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Amortized cost and estimated fair value of securities held to maturity
Amortized Cost	$ 3,210	$ 3,790
Unrecognized Gains	0	6
Unrecognized Losses	5	0
Estimated Fair Value	3,205	3,796
Amortized Cost
Within one year	2,204
After one, but within five years	1,006
After five, but within ten years	0
After ten years	0
Total	3,210
Amortized Cost	3,210	3,790
Fair Value
Within one year	2,199
After one, but within five years	1,006
After five, but within ten years	0
After ten years	0
Total	3,205
Total	3,205	3,796
Obligations of states and political subdivisions
Amortized cost and estimated fair value of securities held to maturity
Amortized Cost	1,981	2,157
Unrecognized Gains	0	0
Unrecognized Losses	0	0
Estimated Fair Value	1,981	2,157
Amortized Cost
Amortized Cost	1,981	2,157
Fair Value
Total	1,981	2,157
Time deposits with other financial institutions
Amortized cost and estimated fair value of securities held to maturity
Amortized Cost	1,229	1,633
Unrecognized Gains	0	6
Unrecognized Losses	5	0
Estimated Fair Value	1,224	1,639
Amortized Cost
Amortized Cost	1,229	1,633
Fair Value
Total	1,224	$ 1,639
Mortgage-backed securities, residential
Amortized Cost
Without single maturity date	0
Fair Value
Without single maturity date	0
SBA loan pools
Amortized Cost
Without single maturity date	0
Fair Value
Without single maturity date	$ 0

SECURITIES - Investment Securit

SECURITIES - Investment Securities Available for Sale in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value
Less than 12 months	$ 228,946	$ 398,967
12 months or longer	382,163	137,808
Total	611,109	536,775
Unrealized Losses
Less than 12 months	25,050	5,550
12 months or longer	77,968	4,420
Total	103,018	9,970
U.S. Treasury notes and bonds
Fair Value
Less than 12 months	18,733	49,084
12 months or longer	36,317	0
Total	55,050	49,084
Unrealized Losses
Less than 12 months	2,155	680
12 months or longer	4,586	0
Total	6,741	680
Mortgage-backed securities, residential
Fair Value
Less than 12 months	137,623	293,720
12 months or longer	303,011	122,050
Total	440,634	415,770
Unrealized Losses
Less than 12 months	17,742	4,502
12 months or longer	71,996	4,229
Total	89,738	8,731
Obligations of states and political subdivisions
Fair Value
Less than 12 months	36,685
12 months or longer	0
Total	36,685
Unrealized Losses
Less than 12 months	3,036
12 months or longer	0
Total	3,036
Corporate bonds and notes
Fair Value
Less than 12 months	9,615	4,928
12 months or longer	4,621	1,989
Total	14,236	6,917
Unrealized Losses
Less than 12 months	1,135	72
12 months or longer	378	10
Total	1,513	82
SBA loan pools
Fair Value
Less than 12 months	26,290	51,235
12 months or longer	38,214	13,769
Total	64,504	65,004
Unrealized Losses
Less than 12 months	982	296
12 months or longer	1,008	181
Total	$ 1,990	$ 477

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN LOSSES - Loan Portfolio (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Composition of loan portfolio [Abstract]
Total loans, net of deferred loan fees and costs	$ 1,742,755	$ 1,518,249
Interest receivable on loans	5,128	4,133
Total recorded investment in loans	1,747,883	1,522,382
Commercial and Agricultural
Composition of loan portfolio [Abstract]
Total recorded investment in loans	262,919	258,013
Commercial Mortgages
Composition of loan portfolio [Abstract]
Total recorded investment in loans	944,501	804,825
Commercial Mortgages | Construction
Composition of loan portfolio [Abstract]
Total loans, net of deferred loan fees and costs	105,330	82,204
Total recorded investment in loans	105,664	82,435
Commercial Mortgages | Commercial mortgages, other
Composition of loan portfolio [Abstract]
Total loans, net of deferred loan fees and costs	836,190	720,358
Total recorded investment in loans	838,837	722,390
Residential Mortgages
Composition of loan portfolio [Abstract]
Total loans, net of deferred loan fees and costs	283,128	259,334
Total recorded investment in loans	283,844	259,967
Consumer Loans
Composition of loan portfolio [Abstract]
Total recorded investment in loans	256,619	199,577
Consumer Loans | Home equity lines and loans
Composition of loan portfolio [Abstract]
Total loans, net of deferred loan fees and costs	76,871	70,670
Total recorded investment in loans	77,105	70,854
Consumer Loans | Indirect consumer loans
Composition of loan portfolio [Abstract]
Total loans, net of deferred loan fees and costs	168,214	118,569
Total recorded investment in loans	168,531	118,855
Consumer Loans | Direct consumer loans
Composition of loan portfolio [Abstract]
Total loans, net of deferred loan fees and costs	10,933	9,827
Total recorded investment in loans	10,983	9,868
Commercial and industrial | Commercial and Agricultural
Composition of loan portfolio [Abstract]
Total loans, net of deferred loan fees and costs	262,014	256,893
Total recorded investment in loans	262,844	257,618
Agricultural | Commercial and Agricultural
Composition of loan portfolio [Abstract]
Total loans, net of deferred loan fees and costs	75	394
Total recorded investment in loans	$ 75	$ 395

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN LOSSES - Narrative (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	$ 0	$ 0
Number of days past due after which a retail loan is rated	90 days
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Payroll protection program loans	$ 1,400,000	$ 43,200,000

LOANS AND ALLOWANCE FOR LOAN _5

LOANS AND ALLOWANCE FOR LOAN LOSSES - Allowances (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	$ 17,485	$ 20,676	$ 21,025	$ 20,924
Charge-offs	(277)	(234)	(1,306)	(650)
Recoveries	168	142	546	719
Net recoveries (charge-offs)	(109)	(92)	(760)	69
Provision	1,255	356	(1,634)	(53)
Ending balance	18,631	20,940	18,631	20,940
Commercial and Agricultural
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	3,564	3,628	3,591	4,493
Charge-offs	0	0	(20)	(25)
Recoveries	6	8	37	283
Net recoveries (charge-offs)	6	8	17	258
Provision	(55)	(15)	(93)	(1,130)
Ending balance	3,515	3,621	3,515	3,621
Commercial Mortgages
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	10,314	12,963	13,556	11,496
Charge-offs	0	(44)	(687)	(44)
Recoveries	1	1	3	2
Net recoveries (charge-offs)	1	(43)	(684)	(42)
Provision	671	361	(1,886)	1,827
Ending balance	10,986	13,281	10,986	13,281
Residential Mortgages
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	1,714	1,791	1,803	2,079
Charge-offs	0	0	0	(71)
Recoveries	40	0	40	10
Net recoveries (charge-offs)	40	0	40	(61)
Provision	42	80	(47)	(147)
Ending balance	1,796	1,871	1,796	1,871
Consumer Loans
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	1,893	2,294	2,075	2,856
Charge-offs	(277)	(190)	(599)	(510)
Recoveries	121	133	466	424
Net recoveries (charge-offs)	(156)	(57)	(133)	(86)
Provision	597	(70)	392	(603)
Ending balance	$ 2,334	$ 2,167	$ 2,334	$ 2,167

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN LOSSES - Allowances by Impairment (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Allowance for loan losses:
Total ending allowance balance	$ 18,631	$ 17,485	$ 21,025	$ 20,940	$ 20,676	$ 20,924
Loans:
Total recorded investment in loans	1,747,883		1,522,382
Individually evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	1,405		3,030
Loans:
Total recorded investment in loans	7,889		11,647
Collectively evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	17,226		17,995
Loans:
Total recorded investment in loans	1,739,994		1,510,735
Commercial and Agricultural
Allowance for loan losses:
Total ending allowance balance	3,515	3,564	3,591	3,621	3,628	4,493
Loans:
Total recorded investment in loans	262,919		258,013
Commercial and Agricultural | Individually evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	1,323		1,394
Loans:
Total recorded investment in loans	2,531		2,427
Commercial and Agricultural | Collectively evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	2,192		2,197
Loans:
Total recorded investment in loans	260,388		255,586
Commercial Mortgages
Allowance for loan losses:
Total ending allowance balance	10,986	10,314	13,556	13,281	12,963	11,496
Loans:
Total recorded investment in loans	944,501		804,825
Commercial Mortgages | Individually evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	41		1,571
Loans:
Total recorded investment in loans	4,313		7,967
Commercial Mortgages | Collectively evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	10,945		11,985
Loans:
Total recorded investment in loans	940,188		796,858
Residential Mortgages
Allowance for loan losses:
Total ending allowance balance	1,796	1,714	1,803	1,871	1,791	2,079
Loans:
Total recorded investment in loans	283,844		259,967
Residential Mortgages | Individually evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	0		0
Loans:
Total recorded investment in loans	768		938
Residential Mortgages | Collectively evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	1,796		1,803
Loans:
Total recorded investment in loans	283,076		259,029
Consumer Loans
Allowance for loan losses:
Total ending allowance balance	2,334	$ 1,893	2,075	$ 2,167	$ 2,294	$ 2,856
Loans:
Total recorded investment in loans	256,619		199,577
Consumer Loans | Individually evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	41		65
Loans:
Total recorded investment in loans	277		315
Consumer Loans | Collectively evaluated for impairment
Allowance for loan losses:
Total ending allowance balance	2,293		2,010
Loans:
Total recorded investment in loans	$ 256,342		$ 199,262

LOANS AND ALLOWANCE FOR LOAN _7

LOANS AND ALLOWANCE FOR LOAN LOSSES - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Unpaid Principal Balance
Total	$ 7,915		$ 7,915		$ 18,205
Recorded Investment
Total	7,889		7,889		11,647
Allowance for Loan Losses Allocated	1,405		1,405		3,030
Average Recorded Investment
Average recorded investment, total	7,604	$ 12,672	9,314	$ 11,464
Interest Income Recognized
Total	18	55	38	96
Residential Mortgages
Unpaid Principal Balance
With no related allowance recorded	777		777		951
Recorded Investment
With no related allowance recorded	768		768		938
Average Recorded Investment
With no related allowance recorded	846	950	890	1,034
Interest Income Recognized
With no related allowance recorded	9	12	19	29
Construction | Commercial Mortgages
Unpaid Principal Balance
With no related allowance recorded	12		12		129
Recorded Investment
With no related allowance recorded	12		12		130
Average Recorded Investment
With no related allowance recorded	55	151	88	167
Interest Income Recognized
With no related allowance recorded	0	1	0	5
Commercial mortgages, other | Commercial Mortgages
Unpaid Principal Balance
With no related allowance recorded	4,261		4,261		6,940
With an allowance recorded	41		41		3,550
Recorded Investment
With no related allowance recorded	4,260		4,260		4,278
With an allowance recorded	41		41		3,559
Allowance for Loan Losses Allocated	41		41		1,571
Average Recorded Investment
With no related allowance recorded	4,150	4,665	4,171	4,743
With an allowance recorded	42	3,644	1,563	1,905
Interest Income Recognized
With no related allowance recorded	7	8	14	23
With an allowance recorded	0	25	0	25
Home equity lines and loans | Consumer Loans
Unpaid Principal Balance
With no related allowance recorded	160		160		185
With an allowance recorded	133		133		146
Recorded Investment
With no related allowance recorded	144		144		169
With an allowance recorded	133		133		146
Allowance for Loan Losses Allocated	41		41		65
Average Recorded Investment
With no related allowance recorded	149	184	157	299
With an allowance recorded	134	155	139	160
Interest Income Recognized
With no related allowance recorded	0	2	0	5
With an allowance recorded	0	0	0	0
Commercial and industrial | Commercial and Agricultural
Unpaid Principal Balance
With no related allowance recorded	570		570		954
With an allowance recorded	1,961		1,961		5,350
Recorded Investment
With no related allowance recorded	569		569		948
With an allowance recorded	1,962		1,962		1,479
Allowance for Loan Losses Allocated	1,323		1,323		$ 1,394
Average Recorded Investment
With no related allowance recorded	585	1,378	761	1,645
With an allowance recorded	1,643	1,545	1,545	1,511
Interest Income Recognized
With no related allowance recorded	0	3	0	3
With an allowance recorded	$ 2	$ 4	$ 5	$ 6

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN LOSSES - Receivables Past Due (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Non-accrual	$ 8,310	$ 8,114
Loans Past Due 90 Days or More and Still Accruing	0	4
Total recorded investment in loans	1,747,883	1,522,382
30 - 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	3,263	2,476
60 - 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	723	908
90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	1,755	2,672
Total Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	5,741	6,056
Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	1,742,142	1,516,326
Commercial and Agricultural
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	262,919	258,013
Commercial Mortgages
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	944,501	804,825
Commercial Mortgages | Construction
Financing Receivable, Past Due [Line Items]
Non-accrual	12	34
Loans Past Due 90 Days or More and Still Accruing	0	0
Total recorded investment in loans	105,664	82,435
Commercial Mortgages | Construction | 30 - 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	12	0
Commercial Mortgages | Construction | 60 - 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	0	0
Commercial Mortgages | Construction | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	0	0
Commercial Mortgages | Construction | Total Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	12	0
Commercial Mortgages | Construction | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	105,652	82,435
Commercial Mortgages | Commercial mortgages, other
Financing Receivable, Past Due [Line Items]
Non-accrual	3,840	3,844
Loans Past Due 90 Days or More and Still Accruing	0	0
Total recorded investment in loans	838,837	722,390
Commercial Mortgages | Commercial mortgages, other | 30 - 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	246	24
Commercial Mortgages | Commercial mortgages, other | 60 - 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	17	224
Commercial Mortgages | Commercial mortgages, other | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	531	1,302
Commercial Mortgages | Commercial mortgages, other | Total Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	794	1,550
Commercial Mortgages | Commercial mortgages, other | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	838,043	720,840
Residential Mortgages
Financing Receivable, Past Due [Line Items]
Non-accrual	699	1,039
Loans Past Due 90 Days or More and Still Accruing	0	0
Total recorded investment in loans	283,844	259,967
Residential Mortgages | 30 - 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	1,952	580
Residential Mortgages | 60 - 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	316	32
Residential Mortgages | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	396	652
Residential Mortgages | Total Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	2,664	1,264
Residential Mortgages | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	281,180	258,703
Consumer Loans
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	256,619	199,577
Consumer Loans | Home equity lines and loans
Financing Receivable, Past Due [Line Items]
Non-accrual	833	790
Loans Past Due 90 Days or More and Still Accruing	0	0
Total recorded investment in loans	77,105	70,854
Consumer Loans | Home equity lines and loans | 30 - 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	133	256
Consumer Loans | Home equity lines and loans | 60 - 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	159	69
Consumer Loans | Home equity lines and loans | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	457	424
Consumer Loans | Home equity lines and loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	749	749
Consumer Loans | Home equity lines and loans | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	76,356	70,105
Consumer Loans | Indirect consumer loans
Financing Receivable, Past Due [Line Items]
Non-accrual	565	462
Loans Past Due 90 Days or More and Still Accruing	0	0
Total recorded investment in loans	168,531	118,855
Consumer Loans | Indirect consumer loans | 30 - 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	905	1,179
Consumer Loans | Indirect consumer loans | 60 - 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	230	424
Consumer Loans | Indirect consumer loans | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	270	255
Consumer Loans | Indirect consumer loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	1,405	1,858
Consumer Loans | Indirect consumer loans | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	167,126	116,997
Consumer Loans | Direct consumer loans
Financing Receivable, Past Due [Line Items]
Non-accrual	1	13
Loans Past Due 90 Days or More and Still Accruing	0	0
Total recorded investment in loans	10,983	9,868
Consumer Loans | Direct consumer loans | 30 - 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	3	24
Consumer Loans | Direct consumer loans | 60 - 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	1	11
Consumer Loans | Direct consumer loans | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	0	13
Consumer Loans | Direct consumer loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	4	48
Consumer Loans | Direct consumer loans | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	10,979	9,820
Commercial and industrial | Commercial and Agricultural
Financing Receivable, Past Due [Line Items]
Non-accrual	2,360	1,932
Loans Past Due 90 Days or More and Still Accruing	0	4
Total recorded investment in loans	262,844	257,618
Commercial and industrial | Commercial and Agricultural | 30 - 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	12	413
Commercial and industrial | Commercial and Agricultural | 60 - 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	0	148
Commercial and industrial | Commercial and Agricultural | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	101	26
Commercial and industrial | Commercial and Agricultural | Total Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	113	587
Commercial and industrial | Commercial and Agricultural | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	262,731	257,031
Agricultural | Commercial and Agricultural
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	75	395
Agricultural | Commercial and Agricultural | 30 - 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	0	0
Agricultural | Commercial and Agricultural | 60 - 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	0	0
Agricultural | Commercial and Agricultural | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	0	0
Agricultural | Commercial and Agricultural | Total Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	0	0
Agricultural | Commercial and Agricultural | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total recorded investment in loans	$ 75	$ 395

LOANS AND ALLOWANCE FOR LOAN _9

LOANS AND ALLOWANCE FOR LOAN LOSSES - Troubled Debt Restructuring Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) contract loan	Sep. 30, 2021 USD ($) loan contract	Sep. 30, 2022 USD ($) contract loan	Sep. 30, 2021 USD ($) contract loan	Dec. 31, 2021 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Financing receivable, troubled debt restructuring	$ 5,900,000		$ 5,900,000		$ 10,300,000
Financing receivable, troubled debt restructuring, purchased with credit deterioration, increase	300,000		300,000		1,900,000
Financing receivable, modifications, recorded investment, still accruing	1,400,000		1,400,000		5,600,000
Financing receivable, modifications, recorded investment, nonaccrual status	4,400,000		4,400,000		4,700,000
Additional amounts committed to customers with loans classified as troubled debt restructurings	0		0		$ 0
Number of Loans | loan		2		6
Increase in allowance for loan losses related to troubled debt restructurings		$ 200,000		$ 1,900,000
Charge offs	$ 277,000	$ 234,000	$ 1,306,000	$ 650,000
Number of days past due after which a loan is considered to be in payment default			90 days
Financing receivable, troubled debt restructuring, subsequent default, number of contracts | contract	0	0	0	0
Commercial Mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Charge offs	$ 0	$ 44,000	$ 687,000	$ 44,000
Commercial Mortgages | Commercial mortgages, other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	0	2	0	6
Charge offs		$ 0		$ 0

LOANS AND ALLOWANCE FOR LOAN_10

LOANS AND ALLOWANCE FOR LOAN LOSSES - Troubled Debt Restructuring (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 loan	Sep. 30, 2021 USD ($) loan	Sep. 30, 2022 loan	Sep. 30, 2021 USD ($) loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan		2		6
Pre-Modification Outstanding Recorded Investment		$ 502		$ 6,596
Post-Modification Outstanding Recorded Investment		$ 502		$ 6,596
Commercial Mortgages | Commercial mortgages, other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	0	2	0	6
Pre-Modification Outstanding Recorded Investment		$ 502		$ 6,596
Post-Modification Outstanding Recorded Investment		$ 502		$ 6,596
Commercial and industrial | Commercial and Agricultural
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan				0
Pre-Modification Outstanding Recorded Investment				$ 0
Post-Modification Outstanding Recorded Investment				$ 0

LOANS AND ALLOWANCE FOR LOAN_11

LOANS AND ALLOWANCE FOR LOAN LOSSES - Credit Quality Indicator (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	$ 1,747,883	$ 1,522,382
Loans, net and loans held for sale	1,724,124	1,497,224
Not Rated
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	538,366	457,240
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	1,162,863	1,006,069
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	32,455	33,964
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	13,228	22,901
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	971	2,208
Commercial and Agricultural
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	262,919	258,013
Commercial and Agricultural | Commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	262,844	257,618
Commercial and Agricultural | Commercial and industrial | Not Rated
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Commercial and Agricultural | Commercial and industrial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	255,235	250,529
Commercial and Agricultural | Commercial and industrial | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	3,366	2,892
Commercial and Agricultural | Commercial and industrial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	3,313	3,108
Commercial and Agricultural | Commercial and industrial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	930	1,089
Commercial and Agricultural | Agricultural
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	75	395
Commercial and Agricultural | Agricultural | Not Rated
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Commercial and Agricultural | Agricultural | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	75	395
Commercial and Agricultural | Agricultural | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Commercial and Agricultural | Agricultural | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Commercial and Agricultural | Agricultural | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	944,501	804,825
Commercial Mortgages | Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	105,664	82,435
Commercial Mortgages | Construction | Not Rated
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Commercial Mortgages | Construction | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	105,473	82,404
Commercial Mortgages | Construction | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	179	0
Commercial Mortgages | Construction | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	12	31
Commercial Mortgages | Construction | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Commercial Mortgages | Commercial mortgages, other
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	838,837	722,390
Commercial Mortgages | Commercial mortgages, other | Not Rated
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Commercial Mortgages | Commercial mortgages, other | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	802,080	672,741
Commercial Mortgages | Commercial mortgages, other | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	28,910	31,072
Commercial Mortgages | Commercial mortgages, other | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	7,806	17,458
Commercial Mortgages | Commercial mortgages, other | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	41	1,119
Residential Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	283,844	259,967
Loans, net and loans held for sale	283,844	259,967
Residential Mortgages | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, net and loans held for sale	283,145	258,928
Residential Mortgages | Non-Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, net and loans held for sale	699	1,039
Residential Mortgages | Not Rated
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	283,145	258,928
Residential Mortgages | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Residential Mortgages | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Residential Mortgages | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	699	1,039
Residential Mortgages | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	256,619	199,577
Consumer Loans | Home equity lines and loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	77,105	70,854
Loans, net and loans held for sale	77,105	70,854
Consumer Loans | Home equity lines and loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, net and loans held for sale	76,272	70,064
Consumer Loans | Home equity lines and loans | Non-Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, net and loans held for sale	833	790
Consumer Loans | Home equity lines and loans | Not Rated
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	76,272	70,064
Consumer Loans | Home equity lines and loans | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans | Home equity lines and loans | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans | Home equity lines and loans | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	833	790
Consumer Loans | Home equity lines and loans | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans | Indirect consumer loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	168,531	118,855
Loans, net and loans held for sale	168,531	118,855
Consumer Loans | Indirect consumer loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, net and loans held for sale	167,966	118,393
Consumer Loans | Indirect consumer loans | Non-Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, net and loans held for sale	565	462
Consumer Loans | Indirect consumer loans | Not Rated
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	167,966	118,393
Consumer Loans | Indirect consumer loans | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans | Indirect consumer loans | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans | Indirect consumer loans | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	565	462
Consumer Loans | Indirect consumer loans | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans | Direct consumer loans
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	10,983	9,868
Consumer Loans | Direct consumer loans | Not Rated
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	10,983	9,855
Consumer Loans | Direct consumer loans | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans | Direct consumer loans | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans | Direct consumer loans | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	13
Consumer Loans | Direct consumer loans | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Total recorded investment in loans	0	0
Consumer Loans | Other Direct Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, net and loans held for sale	10,983	9,868
Consumer Loans | Other Direct Consumer Loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, net and loans held for sale	10,982	9,855
Consumer Loans | Other Direct Consumer Loans | Non-Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans, net and loans held for sale	$ 1	$ 13

FAIR VALUE - Assets and Liabili

FAIR VALUE - Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Financial Assets:
Total	$ 640,352		$ 640,352		$ 792,026
Other real estate owned:
Net gains (losses) on sales of OREO	22	$ 0	68	$ (18)
Recurring
Financial Assets:
U.S. Treasury notes and bonds	55,050		55,050		60,431
Mortgage-backed securities, residential	440,634		440,634		577,361
Obligations of states and political subdivisions	36,880		36,880		42,303
Corporate bonds and notes	24,237		24,237		22,848
SBA loan pools	83,551		83,551		89,083
Total	640,352		640,352		792,026
Equity investments, at fair value	2,184		2,184		2,404
Derivative assets	28,600		28,600		9,498
Financial Liabilities:
Derivative Liabilities	28,603		28,603		9,726
Non-recurring | Other real estate owned:
Other real estate owned:
Total other real estate owned, net	184		184		143
Net gains (losses) on sales of OREO			0		0
Non-recurring | Residential Mortgages | Other real estate owned:
Other real estate owned:
Total other real estate owned, net	124		124		143
Net gains (losses) on sales of OREO			0		0
Non-recurring | Consumer Loans | Other real estate owned: | Home equity lines and loans
Other real estate owned:
Total other real estate owned, net	60		60
Net gains (losses) on sales of OREO			0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring
Financial Assets:
U.S. Treasury notes and bonds	55,050		55,050		60,431
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
Total	55,050		55,050		60,431
Equity investments, at fair value	2,184		2,184		2,404
Derivative assets	0		0		0
Financial Liabilities:
Derivative Liabilities	0		0		0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Other real estate owned:
Other real estate owned:
Total other real estate owned, net	0		0		0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Residential Mortgages | Other real estate owned:
Other real estate owned:
Total other real estate owned, net	0		0		0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring | Consumer Loans | Other real estate owned: | Home equity lines and loans
Other real estate owned:
Total other real estate owned, net	0		0
Significant Other Observable Inputs (Level 2) | Recurring
Financial Assets:
U.S. Treasury notes and bonds	0		0		0
Mortgage-backed securities, residential	440,634		440,634		577,361
Obligations of states and political subdivisions	36,880		36,880		42,303
Corporate bonds and notes	24,237		24,237		22,848
SBA loan pools	83,551		83,551		89,083
Total	585,302		585,302		731,595
Equity investments, at fair value	0		0		0
Derivative assets	28,600		28,600		9,498
Financial Liabilities:
Derivative Liabilities	28,603		28,603		9,726
Significant Other Observable Inputs (Level 2) | Non-recurring | Other real estate owned:
Other real estate owned:
Total other real estate owned, net	0		0		0
Significant Other Observable Inputs (Level 2) | Non-recurring | Residential Mortgages | Other real estate owned:
Other real estate owned:
Total other real estate owned, net	0		0		0
Significant Other Observable Inputs (Level 2) | Non-recurring | Consumer Loans | Other real estate owned: | Home equity lines and loans
Other real estate owned:
Total other real estate owned, net	0		0
Significant Unobservable Inputs (Level 3) | Recurring
Financial Assets:
U.S. Treasury notes and bonds	0		0		0
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
Total	0		0		0
Equity investments, at fair value	0		0		0
Derivative assets	0		0		0
Financial Liabilities:
Derivative Liabilities	0		0		0
Significant Unobservable Inputs (Level 3) | Non-recurring | Other real estate owned:
Other real estate owned:
Total other real estate owned, net	184		184		143
Significant Unobservable Inputs (Level 3) | Non-recurring | Residential Mortgages | Other real estate owned:
Other real estate owned:
Total other real estate owned, net	124		124		$ 143
Significant Unobservable Inputs (Level 3) | Non-recurring | Consumer Loans | Other real estate owned: | Home equity lines and loans
Other real estate owned:
Total other real estate owned, net	$ 60		$ 60

FAIR VALUE - Quantitative Infor

FAIR VALUE - Quantitative Information (Details) - Significant Unobservable Inputs (Level 3) - Other real estate owned: - Non-recurring - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 184	$ 143
Residential mortgages | Sales comparison
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 124	$ 143
Residential mortgages | Sales comparison | Minimum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value inputs, discount to appraised value	20.80%	20.80%
Residential mortgages | Sales comparison | Maximum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value inputs, discount to appraised value	20.80%	20.80%
Residential mortgages | Sales comparison | Weighted Average
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value inputs, discount to appraised value	20.80%	20.80%
Home equity lines and loans | Sales comparison
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 60
Home equity lines and loans | Sales comparison | Minimum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value inputs, discount to appraised value	20.80%
Home equity lines and loans | Sales comparison | Maximum
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value inputs, discount to appraised value	20.80%
Home equity lines and loans | Sales comparison | Weighted Average
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value inputs, discount to appraised value	20.80%

FAIR VALUE - Carrying Amounts a

FAIR VALUE - Carrying Amounts and Estimated Fair Values of Other Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financial assets:
Cash and due from financial institutions	$ 32,262	$ 17,365
Interest-earning deposits in other financial institutions	10,161	9,616
Securities available for sale	640,352	792,026
Securities held to maturity	3,210	3,790
Loans, net and loans held for sale	1,724,124	1,497,224
Accrued interest receivable	5,128	4,133
Recurring
Financial assets:
Securities available for sale	640,352	792,026
Derivative assets	28,600	9,498
Deposits [Abstract]
Derivative Liabilities	28,603	9,726
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Securities available for sale	55,050	60,431
Derivative assets	0	0
Deposits [Abstract]
Derivative Liabilities	0	0
Recurring | Significant Other Observable Inputs (Level 2)
Financial assets:
Securities available for sale	585,302	731,595
Derivative assets	28,600	9,498
Deposits [Abstract]
Derivative Liabilities	28,603	9,726
Recurring | Significant Unobservable Inputs (Level 3)
Financial assets:
Securities available for sale	0	0
Derivative assets	0	0
Deposits [Abstract]
Derivative Liabilities	0	0
Recurring | Carrying Amount
Financial assets:
Cash and due from financial institutions	32,262	17,365
Interest-earning deposits in other financial institutions	10,161	9,616
Equity investments	2,677	2,964
Securities available for sale	640,352	792,026
Securities held to maturity	3,210	3,790
FHLBNY and FRBNY stock	3,872	4,218
Loans, net and loans held for sale	1,724,124	1,497,620
Accrued interest receivable	7,112	5,985
Derivative assets	28,600	9,498
Deposits [Abstract]
Demand, savings, and insured money market accounts	1,982,676	1,959,076
Time deposits	349,864	196,357
Accrued interest payable	343	210
Derivative Liabilities	28,603	9,726
Recurring | Estimated Fair Value
Financial assets:
Cash and due from financial institutions	32,262	17,365
Interest-earning deposits in other financial institutions	10,161	9,616
Equity investments	2,677	2,964
Securities available for sale	640,352	792,026
Securities held to maturity	2,938	3,796
Loans, net and loans held for sale	1,697,283	1,480,967
Accrued interest receivable	7,112	5,985
Derivative assets	28,600	9,498
Deposits [Abstract]
Demand, savings, and insured money market accounts	1,982,676	1,959,076
Time deposits	348,585	197,658
Accrued interest payable	343	210
Derivative Liabilities	28,603	9,726
Recurring | Estimated Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Cash and due from financial institutions	32,262	17,365
Interest-earning deposits in other financial institutions	10,161	9,616
Equity investments	2,677	2,964
Securities available for sale	55,050	60,431
Securities held to maturity	0	0
FHLBNY and FRBNY stock	0	0
Loans, net and loans held for sale	0	0
Accrued interest receivable	142	106
Derivative assets	0	0
Deposits [Abstract]
Demand, savings, and insured money market accounts	1,982,676	1,959,076
Time deposits	0	0
Accrued interest payable	28	10
Derivative Liabilities	0	0
Recurring | Estimated Fair Value | 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	585,302	731,595
Securities held to maturity	957	1,639
FHLBNY and FRBNY stock	0	0
Loans, net and loans held for sale	0	0
Accrued interest receivable	1,842	1,746
Derivative assets	28,600	9,498
Deposits [Abstract]
Demand, savings, and insured money market accounts	0	0
Time deposits	348,585	197,658
Accrued interest payable	315	200
Derivative Liabilities	28,603	9,726
Recurring | Estimated Fair Value | Significant Unobservable Inputs (Level 3)
Financial assets:
Cash and due from financial institutions	0	0
Interest-earning deposits in other financial institutions	0	0
Equity investments	0	0
Securities available for sale	0	0
Securities held to maturity	1,981	2,157
FHLBNY and FRBNY stock	0	0
Loans, net and loans held for sale	1,697,283	1,480,967
Accrued interest receivable	5,128	4,133
Derivative assets	0	0
Deposits [Abstract]
Demand, savings, and insured money market accounts	0	0
Time deposits	0	0
Accrued interest payable	0	0
Derivative Liabilities	$ 0	$ 0

LEASES - Narrative (Details)

LEASES - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Lessee, Lease, Description [Line Items]
Operating lease, weighted average remaining lease term (years)	8 years 9 months 25 days		8 years 9 months 25 days
Operating lease, weighted average discount rate	3.35%		3.35%
Operating lease, rent expense	$ 200,000		$ 700,000
Operating lease not yet commenced	$ 0		$ 0
Finance lease, weighted average remaining lease term (years)	10 years 5 months 12 days		10 years 5 months 12 days
Finance lease, weighted average discount rate	3.39%		3.39%
Finance lease not yet commenced	$ 0		$ 0
1365 New Scotland Road, Slingerlands, New York | Director
Lessee, Lease, Description [Line Items]
Operating lease, rent expense				$ 13,000
Monthly rent and common area maintenance expense			4,000
Rent and common area maintenance expense			25,000	37,000
2 Rush Street, Schenectady, New York | Director
Lessee, Lease, Description [Line Items]
Operating lease, rent expense	$ 25,000	$ 25,000
Monthly rent and common area maintenance expense			8,000
Rent and common area maintenance expense			$ 76,000	$ 76,000

LEASES - Leased Branch Properti

LEASES - Leased Branch Properties (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease right-of-use asset	$ 7,234	$ 7,145
Less: accumulated amortization	(588)	(759)
Less: lease termination	0	(313)
Add: new lease agreement and modifications	0	1,161
Operating lease right-of-use assets	$ 6,646	$ 7,234

LEASES - Maturities of Operatin

LEASES - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
2022	$ 243
2023	992
2024	924
2025	841
2026	845
2027 and thereafter	4,022
Total minimum lease payments	7,867
Less: amount representing interest	(1,057)
Present value of net minimum lease payments	$ 6,810	$ 7,378

LEASES - Premises and Equipment

LEASES - Premises and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Premises and equipment, net	Premises and equipment, net
Buildings	$ 5,572	$ 5,572
Less: accumulated depreciation	(2,457)	(2,208)
Net book value	$ 3,115	$ 3,364

LEASES - Future Minimum Lease P

LEASES - Future Minimum Lease Payment Obligations Under Finance Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
2022	$ 98
2023	391
2024	391
2025	409
2026	425
2027 and thereafter	2,415
Total minimum lease payments	4,129
Less: amount representing interest	(735)
Present value of net minimum lease payments	$ 3,394	$ 3,594

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Changes in Goodwill (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Goodwill [Roll Forward]
Beginning of year	$ 21,824	$ 21,824
Acquired goodwill	0	0
Ending balance	$ 21,824	$ 21,824

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Acquired intangible assets (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Acquired Finite-Lived Intangible Assets [Line Items]
Balance Acquired	$ 11,608	$ 11,608
Accumulated Amortization	11,608	11,593
Core deposit intangibles
Acquired Finite-Lived Intangible Assets [Line Items]
Balance Acquired	5,975	5,975
Accumulated Amortization	5,975	5,974
Other customer relationship intangibles
Acquired Finite-Lived Intangible Assets [Line Items]
Balance Acquired	5,633	5,633
Accumulated Amortization	$ 5,633	$ 5,619

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 0	$ 42,000	$ 15,000	$ 232,000
Goodwill impairment charges					$ 0

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Contractual Amounts of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Commitments to make loans | Fixed Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contractual amounts of financial instruments with off-balance sheet risk	$ 44,335	$ 20,772
Commitments to make loans | Variable Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contractual amounts of financial instruments with off-balance sheet risk	87,929	46,558
Unused lines of credit | Fixed Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contractual amounts of financial instruments with off-balance sheet risk	4,631	4,745
Unused lines of credit | Variable Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contractual amounts of financial instruments with off-balance sheet risk	331,477	288,368
Standby letters of credit | Fixed Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contractual amounts of financial instruments with off-balance sheet risk	0	0
Standby letters of credit | Variable Rate
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Contractual amounts of financial instruments with off-balance sheet risk	$ 17,407	$ 7,974

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($) $ in Millions	1 Months Ended	9 Months Ended
	Apr. 30, 2020	Sep. 30, 2022	Feb. 04, 2020
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Participating credit facility receivable, ownership interest, amount			$ 4.2
Participating credit facility receivable, amount			$ 36
Pioneer Bank Litigation
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Litigation settlement, recovery received	$ 0.5
Loss contingency, damages sought		$ 3.7

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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balance	$ 174,690	$ 203,977	$ 211,455	$ 199,699
Other comprehensive income before reclassification	(24,547)	(3,209)	(73,381)	(9,469)
Amounts reclassified from accumulated other comprehensive income	11	1	30	2
Total other comprehensive loss	(24,536)	(3,208)	(73,351)	(9,467)
Ending balance	155,518	206,139	155,518	206,139
Total
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balance	(55,345)	(3,858)	(6,530)	2,401
Total other comprehensive loss	(24,536)	(3,208)	(73,351)	(9,467)
Ending balance	(79,881)	(7,066)	(79,881)	(7,066)
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 balance	(51,329)	2,867	(2,495)	9,127
Other comprehensive income before reclassification	(24,547)	(3,209)	(73,381)	(9,469)
Amounts reclassified from accumulated other comprehensive income	0	0	0	0
Total other comprehensive loss	(24,547)	(3,209)	(73,381)	(9,469)
Ending balance	(75,876)	(342)	(75,876)	(342)
Defined Benefit and Other Benefit Plans
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Beginning balance	(4,016)	(6,725)	(4,035)	(6,726)
Other comprehensive income before reclassification	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	11	1	30	2
Total other comprehensive loss	11	1	30	2
Ending balance	$ (4,005)	$ (6,724)	$ (4,005)	$ (6,724)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Details about Accumulated Other Comprehensive Income Components (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax effect	$ 1,741	$ 1,700	$ 6,029	$ 5,558
Total reclassification for the period, net of tax	6,453	6,646	21,344	19,971
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassification for the period, net of tax	11	1	30	2
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	0	(55)	0	(165)
Actuarial losses | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Pension and other employee benefits	16	57	41	169
Defined Benefit and Other Benefit Plans | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax effect	(5)	(1)	(11)	(2)
Total reclassification for the period, net of tax	$ 11	$ 1	$ 30	$ 2

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	$ 22	$ 0	$ 68	$ (18)
Changes in fair value of equity investments	(93)	15	(448)	203
Income from bank owned life insurance	12	13	34	39
Other non-interest income	5,036	5,970	16,018	18,083
Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Other non-interest income	216	368	678	850
Overdraft fees
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	846	623	2,246	1,561
Other
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	143	233	543	744
Interchange revenue from debit card transactions
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	1,126	1,237	3,462	3,622
WMG fee income
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	2,403	2,765	7,788	8,246
CFS fee and commission income
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	251	346	775	796
Net gains (losses) on sales of OREO
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	22	0	68	(18)
Net gains on sales of loans
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	7	242	106	884
Loan servicing fees
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	38	38	115	108
Net gains on sales of securities
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer			0	0
Income from bank-owned life insurance
Disaggregation of Revenue [Line Items]
Income from bank owned life insurance	12	13	34	39
Other
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	281	458	1,329	1,898
Core Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Changes in fair value of equity investments	(96)	(13)	(446)	117
Other non-interest income	2,417	2,837	7,552	8,987
Core Banking | Overdraft fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	846	623	2,246	1,561
Core Banking | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	143	233	543	744
Core Banking | Interchange revenue from debit card transactions | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	1,126	1,237	3,462	3,622
Core Banking | WMG fee income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
Core Banking | CFS fee and commission income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
Core Banking | Net gains (losses) on sales of OREO | Operating Segments
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	22	0	68	(18)
Core Banking | Net gains on sales of loans | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	7	242	106	884
Core Banking | Loan servicing fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	38	38	115	108
Core Banking | Net gains on sales of securities
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer				0
Core Banking | Net gains on sales of securities | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer			0
Core Banking | Income from bank-owned life insurance | Operating Segments
Disaggregation of Revenue [Line Items]
Income from bank owned life insurance	12	13	34	39
Core Banking | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	319	464	1,424	1,930
WMG | Operating Segments
Disaggregation of Revenue [Line Items]
Changes in fair value of equity investments	0	0	0	0
Other non-interest income	2,403	2,765	7,788	8,246
WMG | Overdraft fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
WMG | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
WMG | Interchange revenue from debit card transactions | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
WMG | WMG fee income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	2,403	2,765	7,788	8,246
WMG | CFS fee and commission income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
WMG | Net gains (losses) on sales of OREO | Operating Segments
Disaggregation of Revenue [Line Items]
Net gains (losses) on sales of OREO	0	0	0	0
WMG | Net gains on sales of loans | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	0	0	0	0
WMG | Loan servicing fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	0	0	0	0
WMG | Net gains on sales of securities
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer				0
WMG | Net gains on sales of securities | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer			0
WMG | Income from bank-owned life insurance | Operating Segments
Disaggregation of Revenue [Line Items]
Income from bank owned life insurance	0	0	0	0
WMG | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	0	0	0	0
Holding Company, CFS, and CRM | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Changes in fair value of equity investments	3	28	(2)	86
Other non-interest income	216	368	678	850
Holding Company, CFS, and CRM | Overdraft fees | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
Holding Company, CFS, and CRM | Other | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
Holding Company, CFS, and CRM | Interchange revenue from debit card transactions | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
Holding Company, CFS, and CRM | WMG fee income | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	0	0	0	0
Holding Company, CFS, and CRM | CFS fee and commission income | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenues from contracts with customer	251	346	775	796
Holding Company, CFS, and CRM | Net gains (losses) on sales of OREO | Intersegment Eliminations
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 | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	0	0	0	0
Holding Company, CFS, and CRM | Loan servicing fees | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	0	0	0	0
Holding Company, CFS, and CRM | Net gains on sales of securities
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer				0
Holding Company, CFS, and CRM | Net gains on sales of securities | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer			0
Holding Company, CFS, and CRM | Income from bank-owned life insurance | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Income from bank owned life insurance	0	0	0	0
Holding Company, CFS, and CRM | Other | Intersegment Eliminations
Disaggregation of Revenue [Line Items]
Revenue not from contact with customer	$ (38)	$ (6)	$ (95)	$ (32)

COMPONENTS OF QUARTERLY AND Y_3

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
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	282	271	848	813
Expected return on plan assets	(720)	(673)	(2,141)	(2,019)
Amortization of unrecognized transition obligation	0	0	0	0
Amortization of unrecognized prior service cost	0	0	0	0
Amortization of unrecognized net loss	0	38	0	113
Net periodic pension benefit	(438)	(364)	(1,293)	(1,093)
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	8	8	25	24
Expected return on plan assets	0	0	0	0
Amortization of unrecognized prior service cost	0	0	0	0
Amortization of unrecognized net loss	6	5	13	15
Net periodic pension benefit	14	13	38	39
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	1	1	3	5
Expected return on plan assets	0	0	0	0
Amortization of unrecognized prior service cost	0	(55)	0	(165)
Amortization of unrecognized net loss	10	14	28	41
Net periodic pension benefit	$ 11	$ (40)	$ 31	$ (119)

SEGMENT REPORTING - Narrative (

SEGMENT REPORTING - Narrative (Details)	9 Months Ended
	Sep. 30, 2022 segment
Segment Reporting [Abstract]
Number of primary business segments	2

SEGMENT REPORTING - Reconciliat

SEGMENT REPORTING - Reconciliation of Segment Net Income Loss and Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	$ 20,999	$ 17,633	$ 56,995	$ 51,318
Interest expense	2,009	801	3,687	2,621
Net interest income	18,990	16,832	53,308	48,697
Provision for loan losses	1,255	356	(1,634)	(53)
Net interest income after provision for loan losses	17,735	16,476	54,942	48,750
Other non-interest income	5,036	5,970	16,018	18,083
Legal accruals and settlements		0
Other non-interest expenses		14,100
Other non-interest expenses	14,577	14,100	43,587	41,304
Income (loss) before income tax expense (benefit)	8,194	8,346	27,373	25,529
Income tax expense (benefit)	1,741	1,700	6,029	5,558
Segment net income (loss)	6,453	6,646	21,344	19,971
Segment assets	2,551,422	2,417,566	2,551,422	2,417,566	$ 2,418,475
Operating Segments | Core Banking
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	20,983	17,627	56,965	51,298
Interest expense	2,009	801	3,687	2,621
Net interest income	18,974	16,826	53,278	48,677
Provision for loan losses	1,255	356	(1,634)	(53)
Net interest income after provision for loan losses	17,719	16,470	54,912	48,730
Other non-interest income	2,417	2,837	7,552	8,987
Legal accruals and settlements		0
Other non-interest expenses		12,124
Other non-interest expenses	12,559		37,316	35,401
Income (loss) before income tax expense (benefit)	7,577	7,183	25,148	22,316
Income tax expense (benefit)	1,590	1,534	5,523	4,865
Segment net income (loss)	5,987	5,649	19,625	17,451
Segment assets	2,544,528	2,408,318	2,544,528	2,408,318
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	2,403	2,765	7,788	8,246
Legal accruals and settlements		0
Other non-interest expenses		1,651
Other non-interest expenses	1,715		5,180	4,921
Income (loss) before income tax expense (benefit)	688	1,114	2,608	3,325
Income tax expense (benefit)	167	156	605	735
Segment net income (loss)	521	958	2,003	2,590
Segment assets	2,804	3,126	2,804	3,126
Intersegment Eliminations
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	16	6	30	20
Interest expense	0	0	0	0
Net interest income	16	6	30	20
Provision for loan losses	0	0	0	0
Net interest income after provision for loan losses	16	6	30	20
Other non-interest income	216	368	678	850
Legal accruals and settlements		0
Other non-interest expenses		325
Other non-interest expenses	303		1,091	982
Income (loss) before income tax expense (benefit)	(71)	49	(383)	(112)
Income tax expense (benefit)	(16)	10	(99)	(42)
Segment net income (loss)	(55)	39	(284)	(70)
Segment assets	$ 4,090	$ 6,122	$ 4,090	$ 6,122

STOCK COMPENSATION - Narrative

STOCK COMPENSATION - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Number of treasury shares reissued to fund stock compensation (in shares)			12,560	13,151
Vesting period			1 year
Expenses related to stock based compensation recognized	$ 200	$ 200	$ 800	$ 700
Restricted Stock
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Total unrecognized compensation cost related to nonvested shares granted under the Plan	$ 1,300		$ 1,300
Weighted-average period for recognition (in years)			3 years 5 months 19 days
Total fair value of shares vested			$ 99	$ 156
2021 Plan
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Number of shares authorized (in shares)	170,000		170,000
Trading days period			30 days

STOCK COMPENSATION - Restricted

STOCK COMPENSATION - Restricted Stock Activity For Officers And Employees (Details) - Restricted Stock - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022
Shares
Nonvested, beginning balance (in shares)	47,607		37,837
Granted (in shares)	0	0	12,560
Vested (in shares)	0		(2,109)
Forfeited or cancelled (in shares)	(48)		(729)
Nonvested, ending balance (in shares)	47,559		47,559
Weighted–Average Grant Date Fair Value
Nonvested, beginning balance (in dollars per share)	$ 43.72		$ 42.99
Granted (in dollars per share)			45.55
Vested (in dollars per share)			42.51
Forfeitures or cancelled (in dollars per share)	42.77		40.69
Nonvested, ending balance (in dollars per share)	$ 43.77		$ 43.77