ChoiceOne Financial Services (COFS) 10-Q 12 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Oct. 31, 2019
Cover [Abstract]
Entity Registrant Name	CHOICEONE FINANCIAL SERVICES INC
Entity Central Index Key	0000803164
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity File Number	000-19202
Entity Incorporation, State or Country Code	MI
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Smaller Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		7,246,068
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 16,574	$ 19,690
Equity securities at fair value (Note 2)	2,499	2,847
Securities available for sale (Note 2)	154,778	166,602
Federal Home Loan Bank stock	1,994	1,994
Federal Reserve Bank stock	1,574	1,573
Loans held for sale	1,202	831
Loans to other financial institutions	29,992	20,644
Loans (Note 3)	406,806	409,073
Allowance for loan losses (Note 3)	(4,096)	(4,673)
Loans, net	402,710	404,400
Premises and equipment, net	15,282	15,879
Cash surrender value of life insurance policies	15,189	14,899
Goodwill	13,728	13,728
Other assets	8,067	7,457
Total assets	663,589	670,544
Liabilities
Deposits - noninterest-bearing	152,579	153,542
Deposits - interest-bearing	421,496	423,473
Total deposits	574,075	577,015
Federal funds purchased		4,800
Advances from Federal Home Loan Bank	207	5,233
Other liabilities	4,681	3,019
Total liabilities	578,963	590,067
Shareholders' Equity
Preferred stock; shares authorized: 100,000; shares outstanding: none
Common stock and paid in capital, no par value; shares authorized: 7,000,000; shares outstanding: 3,634,388 at September 30, 2019 and 3,616,483 at December 31, 2018	55,058	54,523
Retained earnings	26,474	26,686
Accumulated other comprehensive income (loss), net	3,094	(732)
Total shareholders' equity	84,626	80,477
Total liabilities and shareholders' equity	$ 663,589	$ 670,544

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Preferred stock, authorized	100,000	100,000
Preferred stock, outstanding	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, authorized	7,000,000	7,000,000
Common stock, outstanding	3,634,388	3,616,483

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Interest income
Loans, including fees	$ 5,394	$ 5,111	$ 16,064	$ 14,735
Securities:
Taxable	728	736	2,255	2,134
Tax exempt	352	374	1,079	1,097
Other	87	40	194	109
Total interest income	6,561	6,261	19,592	18,075
Interest expense
Deposits	973	619	2,748	1,428
Advances from Federal Home Loan Bank	8	63	238	165
Other	10	8	39	34
Total interest expense	991	690	3,025	1,627
Net interest income	5,570	5,571	16,567	16,448
Provision for loan losses				35
Net interest income after provision for loan losses	5,570	5,571	16,567	16,413
Noninterest income
Customer service charges	1,094	1,165	3,275	3,340
Insurance and investment commissions	88	97	225	231
Gains on sales of loans	638	223	1,373	772
Gains on sales of securities available for sale	19		22	25
Gains on sales of other assets	8	61	23	69
Earnings on life insurance policies	99	97	290	289
Change in market value of equity securities	(146)	113	119	161
Other	135	96	394	334
Total noninterest income	1,935	1,852	5,721	5,221
Noninterest expense
Salaries and benefits	3,268	2,780	8,915	8,308
Occupancy and equipment	755	661	2,267	2,005
Data processing	676	555	1,814	1,644
Professional fees	836	310	2,031	838
Supplies and postage	91	84	266	297
Advertising and promotional	145	58	297	235
Other	606	611	1,883	1,810
Total noninterest expense	6,377	5,059	17,473	15,137
Income before income tax	1,128	2,364	4,815	6,497
Income tax expense	106	350	671	992
Net income	$ 1,021	$ 2,014	$ 4,144	$ 5,505
Basic earnings per share (Note 4) (in dollars per share)	$ 0.28	$ 0.55	$ 1.14	$ 1.52
Diluted earnings per share (Note 4) (in dollars per share)	0.28	0.55	1.14	1.52
Dividends declared per share (in dollars per share)	$ 0.80	$ 0.18	$ 1.20	$ 0.53

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 1,021	$ 2,014	$ 4,144	$ 5,505
Other comprehensive income:
Changes in net unrealized gains (losses) on investment securities available for sale, net of tax (benefit) of $149 and $(198) for the three months ended September 30, 2019 and September 30, 2018 respectively. Changes in net unrealized gains (losses) on investment securities available for sale, net of tax (benefit) expense of $1,022 and $(767) for the nine months ended September 30, 2019 and September 30, 2018 respectively.	561	(745)	3,844	(2,885)
Less: Reclassification adjustment for realized gain on sale of investment securities available for sale included in net income, net of tax expense which was $4 for the three months ended September 30, 2019 and $0 for the three months ended September 30, 2018. Reclassification adjustment for realized gain on sale of investment securities available for sale included in net income, net of tax expense of $5 and $5 for the nine months ended September 30, 2019 and September 30, 2018 respectively.	(15)		(18)	(20)
Other comprehensive income (loss), net of tax	546	(745)	3,826	(2,905)
Comprehensive income	$ 1,567	$ 1,269	$ 7,970	$ 2,600

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Changes in net unrealized gains and losses on investment securities available for sale, tax (benefit) expense	$ 149	$ (198)	$ 1,022	$ (767)
Reclassification adjustment for realized gain on sale of investment securities available for sale included in net income, tax expense	$ 4	$ 0	$ 5	$ 5

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands		Common Stock and Paid in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss), Net [Member]	Total
Balance, beginning at Dec. 31, 2017		$ 50,290	$ 26,023	$ 237	$ 76,550
Balance, beginning (in shares) at Dec. 31, 2017		3,448,569
Increase (Decrease) in Stockholders' Equity
Net income			5,505		5,505
Other comprehensive income (loss)				(2,905)	(2,905)
Shares issued		$ 83			83
Shares issued (in shares)		6,122
Shares repurchased		$ (523)			(523)
Shares repurchased (in shares)		(20,628)
Effect of employee stock purchases		$ 9			9
Stock options exercised and issued (in shares)		1,241
Stock-based compensation expense		$ 198			198
Restricted stock units vested (in shares)		7,303
Adoption effect of ASU 2016-01	[1]		244	(244)
Stock dividend declared		$ 4,335	(4,342)		(7)
Stock dividend declared (in shares)		172,094
Cash dividends declared			(1,921)		(1,921)
Balance, ending at Sep. 30, 2018		$ 54,392	25,509	(2,912)	76,989
Balance, ending (in shares) at Sep. 30, 2018		3,614,701
Balance, beginning at Jun. 30, 2018		$ 54,289	24,146	(2,167)	76,268
Balance, beginning (in shares) at Jun. 30, 2018		3,613,080
Increase (Decrease) in Stockholders' Equity
Net income			2,014		2,014
Other comprehensive income (loss)				(745)	(745)
Shares issued		$ 33			33
Shares issued (in shares)		1,590
Shares repurchased (in shares)		(400)
Effect of employee stock purchases		$ 3			3
Stock options exercised and issued (in shares)		431
Stock-based compensation expense		$ 67			67
Cash dividends declared			(651)		(651)
Balance, ending at Sep. 30, 2018		$ 54,392	25,509	(2,912)	76,989
Balance, ending (in shares) at Sep. 30, 2018		3,614,701
Balance, beginning at Dec. 31, 2018		$ 54,523	26,686	(732)	$ 80,477
Balance, beginning (in shares) at Dec. 31, 2018		3,616,483			3,616,483
Increase (Decrease) in Stockholders' Equity
Net income			4,144		$ 4,144
Other comprehensive income (loss)				3,826	3,826
Shares issued		$ 99			99
Shares issued (in shares)		6,728
Effect of employee stock purchases		$ 11			11
Stock options exercised and issued		$ 46			$ 46
Stock options exercised and issued (in shares)		3,390			3,390
Stock-based compensation expense		$ 379			$ 379
Restricted stock units issued (in shares)		7,787
Special cash dividends declared			(2,180)		(2,180)
Cash dividends declared			(2,176)		(2,176)
Balance, ending at Sep. 30, 2019		$ 55,058	26,474	3,094	$ 84,626
Balance, ending (in shares) at Sep. 30, 2019		3,634,388			3,634,388
Balance, beginning at Jun. 30, 2019		$ 54,756	28,359	2,548	$ 85,663
Balance, beginning (in shares) at Jun. 30, 2019		3,632,917
Increase (Decrease) in Stockholders' Equity
Net income			1,021		1,021
Other comprehensive income (loss)				546	546
Shares issued		$ 40			40
Shares issued (in shares)		1,471
Effect of employee stock purchases		$ 4			4
Stock-based compensation expense		258			258
Special cash dividends declared			(2,180)		(2,180)
Cash dividends declared			(726)		(726)
Balance, ending at Sep. 30, 2019		$ 55,058	$ 26,474	$ 3,094	$ 84,626
Balance, ending (in shares) at Sep. 30, 2019		3,634,388			3,634,388
[1]	ASU 2016-01 is further addressed in Note 1 to the financial statements.

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Stock dividend issued				5.00%
Dividends declared, per share	$ 0.80	$ 0.18	$ 1.20	$ 0.53
Special Cash Dividends [Member]
Dividends declared, per share	0.60		0.60
Cash Dividends [Member]
Dividends declared, per share	$ 0.20	$ 0.18	$ 0.60	$ 0.53

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net income	$ 4,144	$ 5,505
Adjustments to reconcile net income to net cash from operating activities:
Provision for loan losses		35
Depreciation	1,054	853
Amortization	672	701
Compensation expense on employee and director stock purchases, stock options, and restricted stock units	428	234
Gains on sales of securities	(22)	(25)
Net change in market value of equity securities	(119)	(161)
Gains on sales of loans	(1,373)	(772)
Loans originated for sale	(40,215)	(19,837)
Proceeds from loan sales	40,527	21,174
Earnings on bank-owned life insurance	(290)	(289)
Gains on sales of other real estate owned	(22)	(69)
Proceeds from sales of other real estate owned	187	308
Deferred federal income tax benefit	94	40
Net changes in other assets	(290)	(1,321)
Net changes in other liabilities	645	622
Net cash from operating activities	5,420	6,998
Cash flows from investing activities:
Sales of securities available for sale	1,233	2,716
Maturities, prepayments and calls of securities available for sale	29,478	10,635
Purchases of securities available for sale	(13,904)	(27,476)
Purchase of Federal Reserve Bank stock	(1)
Loan originations and payments, net	(7,870)	(12,799)
Additions to premises and equipment	(457)	(2,810)
Net cash used in investing activities	8,479	(29,734)
Cash flows from financing activities:
Net change in deposits	(2,940)	4,494
Net change in repurchase agreements		(7,148)
Net change in federal funds purchased	(4,800)	9,400
Proceeds from Federal Home Loan Bank advances	85,000	93,500
Payments on Federal Home Loan Bank advances	(90,026)	(97,526)
Issuance of common stock	107	57
Repurchase of common stock		(523)
Cash dividends and fractional shares from stock dividend	(4,356)	(1,928)
Net cash used in financing activities	(17,015)	326
Net change in cash and cash equivalents	(3,116)	(22,410)
Beginning cash and cash equivalents	19,690	36,837
Ending cash and cash equivalents	16,574	14,427
Supplemental disclosures of cash flow information:
Cash paid for interest	3,000	1,532
Cash paid for income taxes	350	850
Loans transferred to other real estate owned	$ 325	$ 377

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The consolidated financial statements include ChoiceOne Financial Services, Inc. (“ChoiceOne”) and its wholly-owned subsidiary, ChoiceOne Bank (the “Bank”), and the Bank’s wholly-owned subsidiary, ChoiceOne Insurance Agencies, Inc. Intercompany transactions and balances have been eliminated in consolidation. The consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information, prevailing practices within the banking industry and the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. The accompanying consolidated financial statements reflect all adjustments ordinary in nature which are, in the opinion of management, necessary for a fair presentation of the Consolidated Balance Sheets as of September 30, 2019 and December 31, 2018, the Consolidated Statements of Income for the three- and nine-month periods ended September 30, 2019 and September 30, 2018, the Consolidated Statements of Comprehensive Income for the three- and nine-month periods ended September 30, 2019 and September 30, 2018, the Consolidated Statements of Changes in Shareholders’ Equity for the three- and nine-month periods ended September 30, 2019 and September 30, 2018, and the Consolidated Statements of Cash Flows for the nine months ended September 30, 2019 and September 30, 2018. Operating results for the nine months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019. The accompanying consolidated financial statements should be read in conjunction with the consolidated financial statements and footnotes thereto included in ChoiceOne’s Annual Report on Form 10-K for the year ended December 31, 2018. Loans to Other Financial Institutions The Bank entered into an agreement with another financial institution to fund mortgage loans. Loans to other financial institutions are purchased participating interests in individual advances made to mortgage bankers nation-wide from an unaffiliated originating bank. The originating bank services these loans and cash flows on the individual advances (principal, interest, and fees) which are allocated pro-rata based on ownership in the participating interest, less fees paid for the servicing activity. The underlying collateral is generally made up of 1-4 family first residential mortgages owned by the mortgage banker and held for sale in the secondary market and have been underwritten using secondary market underwriting standards prior to purchasing the participating interest. Once the mortgage banker delivers the loan to the secondary market, the advance is required to be paid off, including the Bank’s participating interest. If the advance (in which the Bank has a participating interest) is outstanding over 90 days, the originating bank has the right to request the participating interest be paid off by the mortgage banker. The participating interests are subject to concentration risk to 13 different mortgage bankers, with the largest creditor outstanding representing 19% of the total at September 30, 2019. Credit risk associated with the participating interest is measured as an allowance for loan losses when necessary. Losses are charged off against the allowance when incurred and recoveries of loan charge-offs are recorded when received. At least quarterly, the Bank reviews the portfolio of participating interests for potential losses including any participating interest that is outstanding over 90 days (even if the advance and participating interest is current). At September 30, 2019, 17 of the 184 participating interests with principal balances totaling $4.8 million had balances outstanding over 30 days. During the first nine months of 2019 and 2018, there were no losses or charge-offs of participating interests. Allowance for Loan Losses The allowance for loan losses is maintained at a level believed adequate by management to absorb probable incurred losses inherent in the consolidated loan portfolio. Management’s evaluation of the adequacy of the allowance is an estimate based on reviews of individual loans, assessments of the impact of current economic conditions on the portfolio and historical loss experience of seasoned loan portfolios. See Note 3 to the interim consolidated financial statements for additional information. Management believes the accounting estimate related to the allowance for loan losses is a “critical accounting estimate” because (1) the estimate is highly susceptible to change from period to period because of assumptions concerning the changes in the types and volumes of the portfolios and economic conditions and (2) the impact of recognizing an impairment or loan loss could have a material effect on ChoiceOne’s assets reported on the balance sheets as well as its net income. Stock Transactions A total of 3,390 shares of common stock were issued upon the exercise of stock options for a cash price of $46,000 in the first nine months of 2019. A total of 4,139 shares of common stock were issued to ChoiceOne’s Board of Directors for a cash price of $110,000 under the terms of the Directors’ Stock Purchase Plan in the first nine months of 2019. A total of 2,589 shares for a cash price of $61,000 were issued under the Employee Stock Purchase Plan in the first nine months of 2019. Shares of common stock issued upon the vesting of restricted stock units, net of shares withheld for payment of related taxes, totaled 7,787 in the first nine months of 2019. Stock-Based Compensation ChoiceOne grants restricted stock units to a select group of employees under the Stock Incentive Plan of 2012. All of the restricted stock units are initially unvested and vest in three annual installments on each of the next three anniversaries of the grant date. Certain additional vesting provisions apply. Each unit, once vested, is settled by delivery of one share of ChoiceOne common stock. Reclassifications Certain amounts presented in prior periods have been reclassified to conform to the current presentation. Recent Accounting Pronouncements The FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities The FASB issued ASU 2016-02, Leases The FASB issued ASU No. 2016-13 , Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

SECURITIES

SECURITIES	9 Months Ended
	Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract]
SECURITIES	NOTE 2 – SECURITIES The fair value of equity securities at fair value and the related gross unrealized gains recognized in noninterest income were as follows: September 30, 2019 Gross Gross Amortized Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value Equity securities $ 2,164 $ 335 $ — $ 2,499 December 31, 2018 Gross Gross Amortized Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value Equity securities $ 2,502 $ 459 $ (114 ) $ 2,847 The fair value of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows: September 30, 2019 Gross Gross Amortized Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value U.S. Government and federal agency $ 23,035 $ 23 $ (9 ) $ 23,049 U.S. Treasury 1,994 18 — 2,012 State and municipal 97,824 2,932 (4 ) 100,752 Mortgage-backed 24,542 747 (3 ) 25,286 Corporate 2,648 34 (3 ) 2,679 Foreign debt 500 — — 500 Trust preferred securities 500 — — 500 Total $ 151,043 $ 3,754 $ (19 ) $ 154,778 December 31, 2018 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government and federal agency $ 34,079 $ 1 $ (551 ) $ 33,529 U.S. Treasury 1,992 — (45 ) 1,947 State and municipal 104,317 544 (933 ) 103,928 Mortgage-backed 21,654 126 (205 ) 21,575 Corporate 5,147 1 (46 ) 5,102 Trust preferred securities 500 — — 500 Asset-backed securities 21 — — 21 Total $ 167,710 $ 672 $ (1,780 ) $ 166,602 ChoiceOne reviews its securities portfolio on a quarterly basis to determine whether unrealized losses are considered to be temporary or other-than-temporary. No other-than-temporary impairment charges were recorded in the three and nine months ended September 30, 2019 or in the same periods in 2018. ChoiceOne believes that unrealized losses on securities were temporary in nature and were due to changes in interest rates and reduced market liquidity and not as a result of credit quality issues. Presented below is a schedule of maturities of securities as of September 30, 2019, the fair value of securities as of September 30, 2019 and December 31, 2018, and the weighted average yields of securities as of September 30, 2019: Securities maturing within: Fair Value Fair Value Less than 1 Year - 5 Years - More at September 30, at December 31, (Dollars in thousands) 1 Year 5 Years 10 Years 10 Years 2019 2018 U.S. Government and federal agency $ 21,017 $ 2,032 $ — $ — $ 23,049 $ 33,529 U.S. Treasury notes and bonds — 2,012 — — 2,012 1,947 State and municipal 13,709 49,671 35,367 2,005 100,752 103,928 Corporate — 2,679 — — 2,679 5,102 Foreign debt 500 — — — 500 — Trust preferred securities 500 — — — 500 500 Asset-backed securities — — — — — 21 Total debt securities 35,726 56,394 35,367 2,005 129,492 145,027 Mortgage-backed securities — 19,164 6,122 — 25,286 21,575 Equity securities (1) — — 1,000 1,499 2,499 2,847 Total $ 35,726 $ 75,558 $ 42,489 $ 3,504 $ 157,277 $ 169,449 Weighted average yields: Less than 1 Year - 5 Years - More 1 Year 5 Years 10 Years 10 Years Total U.S. Government and federal agency 1.99 % 1.98 % — % — % 1.99 % U.S. Treasury notes and bonds — 1.85 — — 1.85 State and municipal (2) 2.73 2.85 3.21 0.64 2.91 Corporate — 2.66 — — 2.66 Foreign debt 2.27 — — — 2.27 Trust preferred securities 6.00 — — — 6.00 Mortgage-backed securities — 3.24 2.97 — 3.18 Equity securities (1) — — 4.61 — 1.54 (1) Equity securities are preferred and common stock that may or may not have a stated maturity. (2) The yield is computed for tax-exempt securities on a fully tax-equivalent basis at an incremental rate of 21%. Following is information regarding unrealized gains and losses on equity securities for the three- and nine-month periods ending September 30: Three Months Ended Nine Months Ended 2019 2018 2019 2018 Net gains and losses recognized during the period $ (146 ) $ 113 $ 119 $ 161 Less: Net gains and losses recognized during the period on securities sold (2 ) — 4 9 Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date $ (144 ) $ 113 $ 115 $ 152

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	NOTE 3 – LOANS AND ALLOWANCE FOR LOAN LOSSES Activity in the allowance for loan losses and balances in the loan portfolio were as follows: Commercial (Dollars in thousands) and Commercial Construction Residential Agricultural Industrial Consumer Real Estate Real Estate Real Estate Unallocated Total Allowance for Loan Losses Beginning balance $ 362 $ 818 $ 335 $ 2,398 $ 43 $ 522 $ 323 $ 4,801 Charge-offs — (81 ) (71 ) (589 ) — (11 ) — (752 ) Recoveries — 1 25 16 — 5 — 47 Provision 111 (87 ) (27 ) (182 ) 5 (80 ) 260 — Ending balance $ 473 $ 651 $ 262 $ 1,643 $ 48 $ 436 $ 583 $ 4,096 Nine Months Ended September 30, 2019 Beginning balance $ 481 $ 892 $ 254 $ 1,926 $ 38 $ 537 $ 545 $ 4,673 Charge-offs — (83 ) (222 ) (589 ) — (25 ) — (919 ) Recoveries 65 21 113 22 — 121 — 342 Provision (73 ) (179 ) 117 284 10 (197 ) 38 — Ending balance $ 473 $ 651 $ 262 $ 1,643 $ 48 $ 436 $ 583 $ 4,096 Individually evaluated for impairment $ 85 $ 2 $ 4 $ 14 $ — $ 186 $ — $ 291 Collectively evaluated for impairment $ 388 $ 649 $ 258 $ 1,629 $ 48 $ 250 $ 583 $ 3,805 Three Months Ended September 30, 2018 Beginning balance $ 359 $ 970 $ 205 $ 1,911 $ 16 $ 620 $ 578 $ 4,659 Charge-offs — — (62 ) — — (13 ) — (75 ) Recoveries — 4 22 2 — 10 — 38 Provision 5 (25 ) 59 37 15 — (91 ) — Ending balance $ 364 $ 949 $ 224 $ 1,950 $ 31 $ 617 $ 487 $ 4,622 Nine Months Ended September 30, 2018 Beginning balance $ 506 $ 1,001 $ 262 $ 1,761 $ 35 $ 726 $ 286 $ 4,577 Charge-offs — (58 ) (180 ) — — (25 ) — (263 ) Recoveries — 57 73 61 — 82 — 273 Provision (142 ) (51 ) 69 128 (4 ) (166 ) 201 35 Ending balance $ 364 $ 949 $ 224 $ 1,950 $ 31 $ 617 $ 487 $ 4,622 Individually evaluated for impairment $ 13 $ 18 $ 19 $ 27 $ — $ 180 $ — $ 257 Collectively evaluated for impairment $ 351 $ 931 $ 205 $ 1,923 $ 31 $ 437 $ 487 $ 4,365 Loans Individually evaluated for impairment $ 389 $ 279 $ 20 $ 2,331 $ — $ 2,646 $ 5,665 Collectively evaluated for impairment 49,668 81,252 24,388 141,975 11,188 92,670 401,141 Ending balance $ 50,057 $ 81,531 $ 24,408 $ 144,306 $ 11,188 $ 95,316 $ 406,806 December 31, 2018 Individually evaluated for impairment $ 578 $ 21 $ 90 $ 623 $ — $ 2,712 $ 4,024 Collectively evaluated for impairment 48,531 91,385 24,292 138,830 8,843 93,168 405,049 Ending balance $ 49,109 $ 91,406 $ 24,382 $ 139,453 $ 8,843 $ 95,880 $ 409,073 The process to monitor the credit quality of ChoiceOne’s loan portfolio includes tracking (1) the risk ratings of business loans, (2) the level of classified business loans, and (3) delinquent and nonperforming consumer loans. Business loans are risk rated on a scale of 1 to 8. A description of the characteristics of the ratings follows: Risk ratings 1 and 2: These loans are considered pass credits. They exhibit good to exceptional credit risk and demonstrate the ability to repay the loan from normal business operations. Risk rating 3: These loans are considered pass credits. They exhibit acceptable credit risk and demonstrate the ability to repay the loan from normal business operations. Risk rating 4: These loans are considered pass credits. However, they have potential developing weaknesses that, if not corrected, may cause deterioration in the ability of the borrower to repay the loan. While a loss is possible for a loan with this rating, it is not anticipated. Risk rating 5: These loans are considered special mention credits. Loans in this risk rating are considered to be inadequately protected by the net worth and debt service coverage of the borrower or of any pledged collateral. These loans have well defined weaknesses that may jeopardize the borrower’s ability to repay the loan. If the weaknesses are not corrected, loss of principal and interest could be probable. Risk rating 6: These loans are considered substandard credits. These loans have well defined weaknesses, the severity of which makes collection of principal and interest in full questionable. Loans in this category may be placed on nonaccrual status. Risk rating 7: These loans are considered doubtful credits. Some loss of principal and interest has been determined to be probable. The estimate of the amount of loss could be affected by factors such as the borrower’s ability to provide additional capital or collateral. Loans in this category are on nonaccrual status. Risk rating 8: These loans are considered loss credits. They are considered uncollectible and will be charged off against the allowance for loan losses. Information regarding the Bank’s credit exposure is as follows: Corporate Credit Exposure - Credit Risk Profile By Creditworthiness Category Agricultural Commercial and Industrial Commercial Real Estate (Dollars in thousands) September 30, December 31, September 30, December 31, September 30, December 31, 2019 2018 2019 2018 2019 2018 Risk ratings 1 and 2 $ 14,214 $ 15,300 $ 7,138 $ 11,972 $ 9,137 $ 7,962 Risk rating 3 16,376 23,938 39,317 50,266 89,117 89,173 Risk rating 4 18,074 9,082 32,002 23,961 40,952 36,193 Risk rating 5 1,004 211 2,795 5,204 2,156 4,850 Risk rating 6 389 578 279 3 2,944 1,275 $ 50,057 $ 49,109 $ 81,531 $ 91,406 $ 144,306 $ 139,453 Corporate Credit Exposure - Credit Risk Profile Based On Payment Activity Consumer Construction Real Estate Residential Real Estate (Dollars in thousands) September 30, December 31, September 30, December 31, September 30, December 31, 2019 2018 2019 2018 2019 2018 Performing $ 24,400 $ 24,320 $ 11,188 $ 8,843 $ 94,343 $ 94,925 Nonperforming — — — — — — Nonaccrual 8 62 — — 973 955 $ 24,408 $ 24,382 $ 11,188 $ 8,843 $ 95,316 $ 95,880 The following schedule provides information on loans that were considered TDRs that were modified during the nine-month periods ended September 30, 2019 and September 30, 2018: Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding (Dollars in thousands) Number of Recorded Recorded Number of Recorded Recorded Loans Investment Investment Loans Investment Investment Commercial real estate — $ — $ — 2 $ 1,882 $ 1,882 Residential real estate — — — 1 17 17 — $ — $ — 3 $ 1,899 $ 1,899 Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding (Dollars in thousands) Number of Recorded Recorded Number of Recorded Recorded Loans Investment Investment Loans Investment Investment Commercial and industrial — $ — $ — — $ — $ — The pre-modification and post-modification outstanding recorded investments represent amounts as of the date of loan modification. If a difference exists between the pre-modification and post-modification outstanding recorded investment, it represents impairment recognized through the provision for loan losses computed based on a loan’s post-modification present value of expected future cash flows discounted at the loan’s original effective interest rate. If no difference exists, a loss is not expected to be incurred based on an assessment of the borrower’s expected cash flows. The following schedule provides information on TDRs as of September 30, 2019 and 2018 where the borrower was past due with respect to principal and/or interest for 30 days or more during the three- and nine-month periods ended September 30, 2019 and September 30, 2018 that had been modified during the year prior to the default: Three Months Ended Nine Months Ended September 30, 2019 September 30, 2019 (Dollars in thousands) Number Recorded Number Recorded of Loans Investment of Loans Investment Commercial real estate 2 $ 1,882 2 $ 1,882 Three Months Ended Nine Months Ended September 30, 2018 September 30, 2018 (Dollars in thousands) Number Recorded Number Recorded of Loans Investment of Loans Investment Commercial and industrial — $ — — $ — Impaired loans by loan category follow: Unpaid (Dollars in thousands) Recorded Principal Related Investment Balance Allowance September 30, 2019 With no related allowance recorded Agricultural $ — $ — $ — Commercial and industrial 259 259 — Consumer — — — Commercial real estate 1,882 1,882 — Construction real estate — — — Residential real estate 103 103 — Total 2,244 2,244 — With an allowance recorded Agricultural 389 474 85 Commercial and industrial 20 22 2 Consumer 20 24 4 Commercial real estate 449 462 14 Construction real estate — — — Residential real estate 2,543 2,729 186 Total 3,421 3,711 291 Total Agricultural 389 474 85 Commercial and industrial 279 281 2 Consumer 20 24 4 Commercial real estate 2,331 2,344 14 Construction real estate — — — Residential real estate 2,646 2,832 186 Total $ 5,665 $ 5,955 $ 291 December 31, 2018 With no related allowance recorded Agricultural $ 185 $ 185 $ — Commercial and industrial — — — Consumer 1 1 — Construction real estate — — — Commercial real estate 73 109 — Residential real estate 250 261 — Total 509 556 — With an allowance recorded Agricultural 393 440 94 Commercial and industrial 21 21 3 Consumer 89 89 13 Construction real estate — — — Commercial real estate 550 609 20 Residential real estate 2,462 2,494 167 Total 3,515 3,653 297 Total Agricultural 578 625 94 Commercial and industrial 21 21 3 Consumer 90 90 13 Construction real estate — — — Commercial real estate 623 718 20 Residential real estate 2,712 2,755 167 Total $ 4,024 $ 4,209 $ 297 The following schedule provides information regarding average balances of impaired loans and interest recognized on impaired loans for three- and nine-month periods ended September 30, 2019 and 2018: Average Interest (Dollars in thousands) Recorded Income Investment Recognized Three months ended September 30, 2019 With no related allowance recorded Agricultural $ — $ — Commercial and industrial 129 — Consumer — — Commercial real estate 941 — Residential real estate 109 1 Total 1,179 1 With an allowance recorded Agricultural 389 — Commercial and industrial 191 — Consumer 37 1 Commercial real estate 1,693 13 Residential real estate 2,521 48 Total 4,831 62 Total Agricultural 389 — Commercial and industrial 320 — Consumer 37 1 Commercial real estate 2,634 13 Residential real estate 2,630 49 Total $ 6,010 $ 63 Average Interest (Dollars in thousands) Recorded Income Investment Recognized Three months ended September 30, 2018 With no related allowance recorded Agricultural $ 211 $ — Commercial and industrial 73 3 Consumer — — Commercial real estate 134 — Construction real estate 65 — Residential real estate 168 — Total 651 3 With an allowance recorded Agricultural 206 — Commercial and industrial 521 8 Consumer 68 3 Commercial real estate 739 20 Construction real estate — — Residential real estate 2,418 52 Total 3,952 83 Total Agricultural 417 — Commercial and industrial 594 11 Consumer 68 3 Commercial real estate 873 20 Construction real estate 65 — Residential real estate 2,586 52 Total $ 4,603 $ 86 Average Interest (Dollars in thousands) Recorded Income Investment Recognized Nine months ended September 30, 2019 With no related allowance recorded Agricultural $ 46 $ — Commercial and industrial 65 9 Consumer — — Commercial real estate 507 61 Residential real estate 156 4 Total 774 74 With an allowance recorded Agricultural 390 — Commercial and industrial 107 2 Consumer 56 1 Commercial real estate 1,117 27 Residential real estate 2,510 112 Total 4,180 142 Total Agricultural 436 — Commercial and industrial 172 11 Consumer 56 1 Commercial real estate 1,624 88 Residential real estate 2,666 116 Total $ 4,954 $ 216 Average Interest (Dollars in thousands) Recorded Income Investment Recognized Nine months ended September 30, 2018 With no related allowance recorded Agricultural $ 317 $ — Commercial and industrial 37 6 Consumer 2 — Commercial real estate 67 — Construction real estate 79 — Residential real estate 159 2 Total 661 8 With an allowance recorded Agricultural 103 — Commercial and industrial 364 23 Consumer 52 2 Commercial real estate 728 42 Construction real estate — — Residential real estate 2,539 112 Total 3,786 179 Total Agricultural 420 — Commercial and industrial 401 29 Consumer 54 2 Commercial real estate 795 42 Construction real estate 79 — Residential real estate 2,698 114 Total $ 4,447 $ 187 An aging analysis of loans by loan category follows: Greater 90 Days Past (Dollars in thousands) 30 to 59 60 to 89 Than 90 Loans Not Due and Days Days Days (1) Total Past Due Total Loans Accruing September 30, 2019 Agricultural $ — $ — $ — $ — $ 50,057 $ 50,057 $ — Commercial and industrial 284 — 259 543 80,988 81,531 — Consumer 43 3 2 48 24,360 24,408 — Commercial real estate — — 1,882 1,882 142,424 144,306 — Construction real estate — — — — 11,188 11,188 — Residential real estate 102 644 201 947 94,369 95,316 — $ 429 $ 647 $ 2,344 $ 3,420 $ 403,386 $ 406,806 $ — December 31, 2018 Agricultural $ — $ — $ — $ — $ 49,109 $ 49,109 $ — Commercial and industrial 5 — — 5 91,401 91,406 — Consumer 149 40 11 200 24,182 24,382 — Commercial real estate — — 73 73 139,380 139,453 — Construction real estate — — — — 8,843 8,843 — Residential real estate 1,493 486 648 2,627 93,253 95,880 — $ 1,647 $ 526 $ 732 $ 2,905 $ 406,168 $ 409,073 $ — (1) Includes nonaccrual loans. Nonaccrual loans by loan category follow: (Dollars in thousands) September 30, December 31, 2019 2018 Agricultural $ 389 $ 393 Commercial and industrial 279 — Consumer 7 62 Commercial real estate 1,925 123 Construction real estate — — Residential real estate 973 954 $ 3,573 $ 1,532

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 4 – EARNINGS PER SHARE Earnings per share are based on the weighted average number of shares outstanding during the period. A computation of basic earnings per share and diluted earnings per share follows: Three Months Ended Nine Months Ended (Dollars in thousands, except per share data) September 30, September 30, 2019 2018 2019 2018 Basic Earnings Per Share Net income available to common shareholders $ 1,021 $ 2,014 $ 4,144 $ 5,505 Weighted average common shares outstanding 3,633,474 3,613,516 3,626,961 3,613,891 Basic earnings per share $ 0.28 $ 0.55 $ 1.14 $ 1.52 Diluted Earnings Per Share Net income available to common shareholders $ 1,021 $ 2,014 $ 4,144 $ 5,505 Weighted average common shares outstanding 3,633,474 3,613,516 3,626,961 3,613,891 Plus dilutive stock options and restricted stock units 23,964 16,535 19,870 13,497 Weighted average common shares outstanding and potentially dilutive shares 3,657,438 3,630,051 3,646,831 3,627,388 Diluted earnings per share $ 0.28 $ 0.55 $ 1.14 $ 1.52 There were no stock options that were considered to be anti-dilutive to earnings for the three months ended September 30, 2019 and 13,500 that were considered to be anti-dilutive to earnings for the nine months ended September 30, 2019 and were excluded from the calculation above. There were no stock options that were considered to be anti-dilutive to earnings per share for the three or nine months ended September 30, 2018. All share and per share amounts have been adjusted for the 5% stock dividend issued on May 31, 2018 and the 5% stock dividend issued on May 31, 2017, where applicable.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2019
Investments, All Other Investments [Abstract]
FINANCIAL INSTRUMENTS	NOTE 5 – FINANCIAL INSTRUMENTS Financial instruments as of the dates indicated were as follows: Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable (Dollars in thousands) Carrying Estimated Assets Inputs Inputs Amount Fair Value (Level 1) (Level 2) (Level 3) September 30, 2019 Assets: Cash and due from banks $ 16,574 $ 16,574 $ 16,574 $ — $ — Equity securities at fair value 2,499 2,499 1,499 — 1,000 Securities available for sale 154,778 154,778 — 144,501 10,277 Federal Home Loan Bank and Federal Reserve Bank stock 3,568 3,568 — 3,568 — Loans held for sale 1,202 1,202 — 1,202 — Loans to other financial institutions 29,992 29,992 — 29,992 — Loans, net 402,710 398,450 — — 398,450 Accrued interest receivable 2,663 2,663 — 2,663 — Liabilities: Noninterest-bearing deposits 152,579 152,579 — 152,579 — Interest-bearing deposits 421,496 421,611 — 421,611 — Federal Home Loan Bank advances 207 220 — 220 — Accrued interest payable 235 235 — 235 — December 31, 2018 Assets: Cash and due from banks $ 19,690 $ 19,690 $ 19,690 $ — $ — Equity securities at fair value 2,847 2,847 1,961 — 886 Securities available for sale 166,602 166,602 — 158,104 8,498 Federal Home Loan Bank and Federal Reserve Bank stock 3,567 3,567 — 3,567 — Loans held for sale 831 856 — 856 — Loans to other financial institutions 20,644 20,644 — 20,644 — Loans, net 404,400 399,091 — — 399,091 Accrued interest receivable 2,267 2,267 — 2,267 — Liabilities: Noninterest-bearing deposits 153,542 153,542 — 153,542 — Interest-bearing deposits 423,473 422,381 — 422,381 — Federal funds purchased 4,800 4,800 — 4,800 — Federal Home Loan Bank advances 5,233 5,241 — 5,241 — Accrued interest payable 210 210 — 210 —

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 6 – FAIR VALUE MEASUREMENTS The following tables present information about assets and liabilities measured at fair value on a recurring basis and the valuation techniques used to determine those fair values. In general, fair values determined by Level 1 inputs use quoted prices in active markets for identical assets or liabilities that the Bank has the ability to access. Fair values determined by Level 2 inputs use other inputs that are observable, either directly or indirectly. These Level 2 inputs include quoted prices for similar assets and liabilities in active markets, and other inputs such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs, including inputs that are available in situations where there is little, if any, market activity for the related asset or liability. In instances where inputs used to measure fair value fall into different levels in the above fair value hierarchy, fair value measurements in their entirety are categorized based on the lowest level input that is significant to the valuation. The Bank’s assessment of the significance of particular inputs to these fair value measurements requires judgment and considers factors specific to each asset or liability. There were no liabilities measured at fair value as of September 30, 2019 or December 31, 2018. Disclosures concerning assets measured at fair value are as follows: Assets Measured at Fair Value on a Recurring Basis (Dollars in thousands) Quoted Prices Significant Significant Balance at Date (Level 1) (Level 2) (Level 3) Indicated Equity Securities Held at Fair Value - September 30, 2019 Equity securities $ 1,499 $ — $ 1,000 $ 2,499 Investment Securities, Available for Sale – September 30, 2019 U.S. Treasury notes and bonds $ — $ 2,012 $ — $ 2,012 U.S. Government and federal agency — 23,049 — 23,049 State and municipal — 90,975 9,777 100,752 Mortgage-backed — 25,286 — 25,286 Corporate — 2,679 — 2,679 Foreign debt — 500 — 500 Trust preferred securities — — 500 500 Total $ — $ 144,501 $ 10,277 $ 154,778 Equity Securities Held at Fair Value - December 31, 2018 Equity securities $ 1,961 $ — $ 886 $ 2,847 Investment Securities, Available for Sale - December 31, 2018 U.S. Treasury notes and bonds $ — $ 1,947 $ — $ 1,947 U.S. Government and federal agency — 33,529 — 33,529 State and municipal — 95,930 7,998 103,928 Mortgage-backed — 21,575 — 21,575 Corporate — 5,102 — 5,102 Trust preferred securities — — 500 500 Asset backed securities — 21 — 21 Total $ — $ 158,104 $ 8,498 $ 166,602 Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis Nine months ended (Dollars in thousands) September 30, 2019 2018 Equity Securities Held at Fair Value Balance, January 1 $ 886 $ — Reclassification due to implementation of ASU 2016-01 — 1,000 Total realized and unrealized gains included in noninterest income 114 — Net purchases, sales, calls, and maturities — — Net transfers into Level 3 — — Balance, September 30 $ 1,000 $ 1,000 Investment Securities, Available for Sale Balance, January 1 $ 8,498 $ 13,398 Reclassification due to implementation of ASU 2016-01 — (1,000 ) Total unrealized gains (losses) included in other comprehensive income 350 (347 ) Net purchases, sales, calls, and maturities 1,429 (3,656 ) Net transfers into Level 3 — — Balance, September 30 $ 10,277 $ 8,395 Of the available for sale Level 3 assets that were held by ChoiceOne at September 30, 2019, the net unrealized gain as of September 30, 2019 was $495,000, which was recognized in accumulated other comprehensive income in the consolidated balance sheet. Of the equity securities classified as Level 3 assets that were held by ChoiceOne at September 30, 2019, the fair value was consistent with par as of September 30, 2019. ChoiceOne purchased two bonds from municipalities in our market area at a purchase price of $2.1 million that are considered Level 3 securities in the nine months ended September 30, 2019. Both observable and unobservable inputs may be used to determine the fair value of positions classified as Level 3 investment securities and liabilities. As a result, the unrealized gains and losses for these assets and liabilities presented in the tables above may include changes in fair value that were attributable to both observable and unobservable inputs. Securities categorized as Level 3 assets primarily consist of bonds issued by local municipalities and equity securities of community banks. ChoiceOne estimates the fair value of these bonds based on the present value of expected future cash flows using management’s best estimate of key assumptions, including forecasted interest yield and payment rates, credit quality and a discount rate commensurate with the current market and other risks involved. ChoiceOne also has assets that under certain conditions are subject to measurement at fair value on a non-recurring basis. These assets are not normally measured at fair value, but can be subject to fair value adjustments in certain circumstances, such as impairment. Disclosures concerning assets measured at fair value on a non-recurring basis are as follows: Assets Measured at Fair Value on a Non-recurring Basis (Dollars in thousands) Balance at Dates Quoted Prices Significant Significant Indicated (Level 1) (Level 2) (Level 3) Impaired Loans September 30, 2019 $ 5,665 $ — $ — $ 5,665 December 31, 2018 $ 4,024 $ — $ — $ 4,024 Other Real Estate September 30, 2019 $ 284 $ — $ — $ 284 December 31, 2018 $ 102 $ — $ — $ 102 Impaired loans categorized as Level 3 assets consist of non-homogeneous loans that are considered impaired. ChoiceOne estimates the fair value of the loans based on the present value of expected future cash flows using management’s estimate of key assumptions. These assumptions include future payment ability, timing of payment streams, and estimated realizable values of available collateral (typically based on outside appraisals). The changes in fair value consisted of charge-downs of impaired loans that were posted to the allowance for loan losses and write-downs of other real estate that were posted to a valuation account.

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	NOTE 7 – REVENUE FROM CONTRACTS WITH CUSTOMERS ChoiceOne has a variety of sources of revenue, which include interest and fees from customers as well as revenue from non-customers. ASC Topic 606, Revenue from Contracts With Customers, covers certain sources of revenue that are classified within noninterest income in the Consolidated Statements of Income. Sources of revenue that are included in the scope of ACS Topic 606 include service charges and fees on deposit accounts, interchange income, investment asset management income and transaction-based revenue, and other charges and fees for customer services. Service Charges and Fees on Deposit Accounts Revenue includes charges and fees to provide account maintenance, overdraft services, wire transfers, funds transfer, and other deposit-related services. Account maintenance fees such as monthly services charges are recognized over the period of time that the service is provided. Transaction fees such as wire transfer charges are recognized when the service is provided to the customer. Interchange Income Revenue includes debit card interchange and network revenues. This revenue is earned on debit card transactions that are conducted through payment networks such as MasterCard. The revenue is recorded as services are delivered and is presented net of interchange expenses. Investment Commission Income Revenue includes fees from investment management advisory services and revenue is recognized when services are rendered. Revenue also includes commissions received from the placement of brokerage transactions for purchase or sale of stocks or other investments. Commission income is recognized when the transaction has been completed. Following is noninterest income separated by revenue within the scope of ASC 606 and revenue within the scope of other GAAP topics: Three months ended Nine months ended September 30, September 30, (Dollars in thousands) 2019 2018 2019 2018 Service charges and fees on deposit accounts $ 690 $ 715 $ 1,987 $ 2,007 Interchange income 404 449 1,288 1,333 Investment commission income 72 80 177 187 Other charges and fees for customer services 57 46 177 158 Noninterest income from contracts with customers within the scope of ASC 606 1,223 1,290 3,629 3,685 Noninterest income within the scope of other GAAP topics 712 562 2,092 1,536 Total noninterest income $ 1,935 $ 1,852 $ 5,721 $ 5,221

BUSINESS COMBINATION

BUSINESS COMBINATION	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
BUSINESS COMBINATION	NOTE 8 – BUSINESS COMBINATION On October 1, 2019, ChoiceOne completed the merger of County Bank Corp (“County”), the holding company for Lakestone Bank and Trust, with and into ChoiceOne pursuant to an Agreement and Plan of Merger dated March 22, 2019. Subject to the terms and conditions of the Merger Agreement, at the effective time of the Merger, each share of County common stock was converted into the right to receive 2.0632 shares of ChoiceOne common stock plus cash in lieu of any fractional shares. As a result of the Merger, a total of 3,603,872 shares of ChoiceOne common stock were identified that would be issued to County shareholders. The consolidated financial statements as of and for the nine months ended September 30, 2019 do not include financial results for County. As of the merger date, County had total assets of approximately $673 million, total loans of approximately $428 million, and total deposits of approximately $574 million. The initial accounting for the merger is not yet complete.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include ChoiceOne Financial Services, Inc. (“ChoiceOne”) and its wholly-owned subsidiary, ChoiceOne Bank (the “Bank”), and the Bank’s wholly-owned subsidiary, ChoiceOne Insurance Agencies, Inc. Intercompany transactions and balances have been eliminated in consolidation. The consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information, prevailing practices within the banking industry and the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. The accompanying consolidated financial statements reflect all adjustments ordinary in nature which are, in the opinion of management, necessary for a fair presentation of the Consolidated Balance Sheets as of September 30, 2019 and December 31, 2018, the Consolidated Statements of Income for the three- and nine-month periods ended September 30, 2019 and September 30, 2018, the Consolidated Statements of Comprehensive Income for the three- and nine-month periods ended September 30, 2019 and September 30, 2018, the Consolidated Statements of Changes in Shareholders’ Equity for the three- and nine-month periods ended September 30, 2019 and September 30, 2018, and the Consolidated Statements of Cash Flows for the nine months ended September 30, 2019 and September 30, 2018. Operating results for the nine months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019. The accompanying consolidated financial statements should be read in conjunction with the consolidated financial statements and footnotes thereto included in ChoiceOne’s Annual Report on Form 10-K for the year ended December 31, 2018.
Loans to Other Financial Institutions	Loans to Other Financial Institutions The Bank entered into an agreement with another financial institution to fund mortgage loans. Loans to other financial institutions are purchased participating interests in individual advances made to mortgage bankers nation-wide from an unaffiliated originating bank. The originating bank services these loans and cash flows on the individual advances (principal, interest, and fees) which are allocated pro-rata based on ownership in the participating interest, less fees paid for the servicing activity. The underlying collateral is generally made up of 1-4 family first residential mortgages owned by the mortgage banker and held for sale in the secondary market and have been underwritten using secondary market underwriting standards prior to purchasing the participating interest. Once the mortgage banker delivers the loan to the secondary market, the advance is required to be paid off, including the Bank’s participating interest. If the advance (in which the Bank has a participating interest) is outstanding over 90 days, the originating bank has the right to request the participating interest be paid off by the mortgage banker. The participating interests are subject to concentration risk to 13 different mortgage bankers, with the largest creditor outstanding representing 23% of the total at September 30, 2019. Credit risk associated with the participating interest is measured as an allowance for loan losses when necessary. Losses are charged off against the allowance when incurred and recoveries of loan charge-offs are recorded when received. At least quarterly, the Bank reviews the portfolio of participating interests for potential losses including any participating interest that is outstanding over 90 days (even if the advance and participating interest is current). At September 30, 2019, 17 of the 184 participating interests with principal balances totaling $4.8 million had balances outstanding over 30 days. During the first nine months of 2019 and 2018, there were no losses or charge-offs of participating interests.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is maintained at a level believed adequate by management to absorb probable incurred losses inherent in the consolidated loan portfolio. Management’s evaluation of the adequacy of the allowance is an estimate based on reviews of individual loans, assessments of the impact of current economic conditions on the portfolio and historical loss experience of seasoned loan portfolios. See Note 3 to the interim consolidated financial statements for additional information. Management believes the accounting estimate related to the allowance for loan losses is a “critical accounting estimate” because (1) the estimate is highly susceptible to change from period to period because of assumptions concerning the changes in the types and volumes of the portfolios and economic conditions and (2) the impact of recognizing an impairment or loan loss could have a material effect on ChoiceOne’s assets reported on the balance sheets as well as its net income.
Stock Transactions	Stock Transactions A total of 3,390 shares of common stock were issued upon the exercise of stock options for a cash price of $46,000 in the first nine months of 2019. A total of 4,139 shares of common stock were issued to ChoiceOne’s Board of Directors for a cash price of $110,000 under the terms of the Directors’ Stock Purchase Plan in the first nine months of 2019. A total of 2,589 shares for a cash price of $61,000 were issued under the Employee Stock Purchase Plan in the first nine months of 2019. Shares of common stock issued upon the vesting of restricted stock units, net of shares withheld for payment of related taxes, totaled 7,787 in the first nine months of 2019.
Stock-Based Compensation	Stock-Based Compensation ChoiceOne grants restricted stock units to a select group of employees under the Stock Incentive Plan of 2012. All of the restricted stock units are initially unvested and vest in three annual installments on each of the next three anniversaries of the grant date. Certain additional vesting provisions apply. Each unit, once vested, is settled by delivery of one share of ChoiceOne common stock.
Reclassifications	Reclassifications Certain amounts presented in prior periods have been reclassified to conform to the current presentation.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities The FASB issued ASU 2016-02, Leases The FASB issued ASU No. 2016-13 , Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

SECURITIES (Tables)

SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of fair value of securities and related gross unrealized gains and losses recognized in noninterest income	The fair value of equity securities at fair value and the related gross unrealized gains recognized in noninterest income were as follows: September 30, 2019 Gross Gross Amortized Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value Equity securities $ 2,164 $ 335 $ — $ 2,499 December 31, 2018 Gross Gross Amortized Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value Equity securities $ 2,502 $ 459 $ (114 ) $ 2,847
Schedule of fair value of securities available for sale and related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss)	The fair value of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows: September 30, 2019 Gross Gross Amortized Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value U.S. Government and federal agency $ 23,035 $ 23 $ (9 ) $ 23,049 U.S. Treasury 1,994 18 — 2,012 State and municipal 97,824 2,932 (4 ) 100,752 Mortgage-backed 24,542 747 (3 ) 25,286 Corporate 2,648 34 (3 ) 2,679 Foreign debt 500 — — 500 Trust preferred securities 500 — — 500 Total $ 151,043 $ 3,754 $ (19 ) $ 154,778 December 31, 2018 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government and federal agency $ 34,079 $ 1 $ (551 ) $ 33,529 U.S. Treasury 1,992 — (45 ) 1,947 State and municipal 104,317 544 (933 ) 103,928 Mortgage-backed 21,654 126 (205 ) 21,575 Corporate 5,147 1 (46 ) 5,102 Trust preferred securities 500 — — 500 Asset-backed securities 21 — — 21 Total $ 167,710 $ 672 $ (1,780 ) $ 166,602
Schedule of maturities, fair value and weighted average yields of securities	Presented below is a schedule of maturities of securities as of September 30, 2019, the fair value of securities as of September 30, 2019 and December 31, 2018, and the weighted average yields of securities as of September 30, 2019: Securities maturing within: Fair Value Fair Value Less than 1 Year - 5 Years - More at September 30, at December 31, (Dollars in thousands) 1 Year 5 Years 10 Years 10 Years 2019 2018 U.S. Government and federal agency $ 21,017 $ 2,032 $ — $ — $ 23,049 $ 33,529 U.S. Treasury notes and bonds — 2,012 — — 2,012 1,947 State and municipal 13,709 49,671 35,367 2,005 100,752 103,928 Corporate — 2,679 — — 2,679 5,102 Foreign debt 500 — — — 500 — Trust preferred securities 500 — — — 500 500 Asset-backed securities — — — — — 21 Total debt securities 35,726 56,394 35,367 2,005 129,492 145,027 Mortgage-backed securities — 19,164 6,122 — 25,286 21,575 Equity securities (1) — — 1,000 1,499 2,499 2,847 Total $ 35,726 $ 75,558 $ 42,489 $ 3,504 $ 157,277 $ 169,449 Weighted average yields: Less than 1 Year - 5 Years - More 1 Year 5 Years 10 Years 10 Years Total U.S. Government and federal agency 1.99 % 1.98 % — % — % 1.99 % U.S. Treasury notes and bonds — 1.85 — — 1.85 State and municipal (2) 2.73 2.85 3.21 0.64 2.91 Corporate — 2.66 — — 2.66 Foreign debt 2.27 — — — 2.27 Trust preferred securities 6.00 — — — 6.00 Mortgage-backed securities — 3.24 2.97 — 3.18 Equity securities (1) — — 4.61 — 1.54 (1) Equity securities are preferred and common stock that may or may not have a stated maturity. (2) The yield is computed for tax-exempt securities on a fully tax-equivalent basis at an incremental rate of 21%.
Schedule of unrealized gains and losses on equity securities	Following is information regarding unrealized gains and losses on equity securities for the three- and nine-month periods ending September 30: Three Months Ended Nine Months Ended 2019 2018 2019 2018 Net gains and losses recognized during the period $ (146 ) $ 113 $ 119 $ 161 Less: Net gains and losses recognized during the period on securities sold (2 ) — 4 9 Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date $ (144 ) $ 113 $ 115 $ 152

LOANS AND ALLOWANCE FOR LOAN _2

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
Schedule of activity in the allowance for loan losses and balances in the loan portfolio	Activity in the allowance for loan losses and balances in the loan portfolio were as follows: Commercial (Dollars in thousands) and Commercial Construction Residential Agricultural Industrial Consumer Real Estate Real Estate Real Estate Unallocated Total Allowance for Loan Losses Beginning balance $ 362 $ 818 $ 335 $ 2,398 $ 43 $ 522 $ 323 $ 4,801 Charge-offs — (81 ) (71 ) (589 ) — (11 ) — (752 ) Recoveries — 1 25 16 — 5 — 47 Provision 111 (87 ) (27 ) (182 ) 5 (80 ) 260 — Ending balance $ 473 $ 651 $ 262 $ 1,643 $ 48 $ 436 $ 583 $ 4,096 Nine Months Ended September 30, 2019 Beginning balance $ 481 $ 892 $ 254 $ 1,926 $ 38 $ 537 $ 545 $ 4,673 Charge-offs — (83 ) (222 ) (589 ) — (25 ) — (919 ) Recoveries 65 21 113 22 — 121 — 342 Provision (73 ) (179 ) 117 284 10 (197 ) 38 — Ending balance $ 473 $ 651 $ 262 $ 1,643 $ 48 $ 436 $ 583 $ 4,096 Individually evaluated for impairment $ 85 $ 2 $ 4 $ 14 $ — $ 186 $ — $ 291 Collectively evaluated for impairment $ 388 $ 649 $ 258 $ 1,629 $ 48 $ 250 $ 583 $ 3,805 Three Months Ended September 30, 2018 Beginning balance $ 359 $ 970 $ 205 $ 1,911 $ 16 $ 620 $ 578 $ 4,659 Charge-offs — — (62 ) — — (13 ) — (75 ) Recoveries — 4 22 2 — 10 — 38 Provision 5 (25 ) 59 37 15 — (91 ) — Ending balance $ 364 $ 949 $ 224 $ 1,950 $ 31 $ 617 $ 487 $ 4,622 Nine Months Ended September 30, 2018 Beginning balance $ 506 $ 1,001 $ 262 $ 1,761 $ 35 $ 726 $ 286 $ 4,577 Charge-offs — (58 ) (180 ) — — (25 ) — (263 ) Recoveries — 57 73 61 — 82 — 273 Provision (142 ) (51 ) 69 128 (4 ) (166 ) 201 35 Ending balance $ 364 $ 949 $ 224 $ 1,950 $ 31 $ 617 $ 487 $ 4,622 Individually evaluated for impairment $ 13 $ 18 $ 19 $ 27 $ — $ 180 $ — $ 257 Collectively evaluated for impairment $ 351 $ 931 $ 205 $ 1,923 $ 31 $ 437 $ 487 $ 4,365 Loans Individually evaluated for impairment $ 389 $ 279 $ 20 $ 2,331 $ — $ 2,646 $ 5,665 Collectively evaluated for impairment 49,668 81,252 24,388 141,975 11,188 92,670 401,141 Ending balance $ 50,057 $ 81,531 $ 24,408 $ 144,306 $ 11,188 $ 95,316 $ 406,806 December 31, 2018 Individually evaluated for impairment $ 578 $ 21 $ 90 $ 623 $ — $ 2,712 $ 4,024 Collectively evaluated for impairment 48,531 91,385 24,292 138,830 8,843 93,168 405,049 Ending balance $ 49,109 $ 91,406 $ 24,382 $ 139,453 $ 8,843 $ 95,880 $ 409,073
Schedule of the bank's credit exposure	Information regarding the Bank’s credit exposure is as follows: Corporate Credit Exposure - Credit Risk Profile By Creditworthiness Category Agricultural Commercial and Industrial Commercial Real Estate (Dollars in thousands) September 30, December 31, September 30, December 31, September 30, December 31, 2019 2018 2019 2018 2019 2018 Risk ratings 1 and 2 $ 14,214 $ 15,300 $ 7,138 $ 11,972 $ 9,137 $ 7,962 Risk rating 3 16,376 23,938 39,317 50,266 89,117 89,173 Risk rating 4 18,074 9,082 32,002 23,961 40,952 36,193 Risk rating 5 1,004 211 2,795 5,204 2,156 4,850 Risk rating 6 389 578 279 3 2,944 1,275 $ 50,057 $ 49,109 $ 81,531 $ 91,406 $ 144,306 $ 139,453 Corporate Credit Exposure - Credit Risk Profile Based On Payment Activity Consumer Construction Real Estate Residential Real Estate (Dollars in thousands) September 30, December 31, September 30, December 31, September 30, December 31, 2019 2018 2019 2018 2019 2018 Performing $ 24,400 $ 24,320 $ 11,188 $ 8,843 $ 94,343 $ 94,925 Nonperforming — — — — — — Nonaccrual 8 62 — — 973 955 $ 24,408 $ 24,382 $ 11,188 $ 8,843 $ 95,316 $ 95,880
Schedule of troubled debt restructurings	The following schedule provides information on loans that were considered TDRs that were modified during the nine-month periods ended September 30, 2019 and September 30, 2018: Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding (Dollars in thousands) Number of Recorded Recorded Number of Recorded Recorded Loans Investment Investment Loans Investment Investment Commercial real estate — $ — $ — 2 $ 1,882 $ 1,882 Residential real estate — — — 1 17 17 — $ — $ — 3 $ 1,899 $ 1,899 Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding (Dollars in thousands) Number of Recorded Recorded Number of Recorded Recorded Loans Investment Investment Loans Investment Investment Commercial and industrial — $ — $ — — $ — $ — The following schedule provides information on TDRs as of September 30, 2019 and 2018 where the borrower was past due with respect to principal and/or interest for 30 days or more during the three- and nine-month periods ended September 30, 2019 and September 30, 2018 that had been modified during the year prior to the default: Three Months Ended Nine Months Ended September 30, 2019 September 30, 2019 (Dollars in thousands) Number Recorded Number Recorded of Loans Investment of Loans Investment Commercial real estate 2 $ 1,882 2 $ 1,882 Three Months Ended Nine Months Ended September 30, 2018 September 30, 2018 (Dollars in thousands) Number Recorded Number Recorded of Loans Investment of Loans Investment Commercial and industrial — $ — — $ —
Schedule of impaired loans	Impaired loans by loan category follow: Unpaid (Dollars in thousands) Recorded Principal Related Investment Balance Allowance September 30, 2019 With no related allowance recorded Agricultural $ — $ — $ — Commercial and industrial 259 259 — Consumer — — — Commercial real estate 1,882 1,882 — Construction real estate — — — Residential real estate 103 103 — Total 2,244 2,244 — With an allowance recorded Agricultural 389 474 85 Commercial and industrial 20 22 2 Consumer 20 24 4 Commercial real estate 449 462 14 Construction real estate — — — Residential real estate 2,543 2,729 186 Total 3,421 3,711 291 Total Agricultural 389 474 85 Commercial and industrial 279 281 2 Consumer 20 24 4 Commercial real estate 2,331 2,344 14 Construction real estate — — — Residential real estate 2,646 2,832 186 Total $ 5,665 $ 5,955 $ 291 December 31, 2018 With no related allowance recorded Agricultural $ 185 $ 185 $ — Commercial and industrial — — — Consumer 1 1 — Construction real estate — — — Commercial real estate 73 109 — Residential real estate 250 261 — Total 509 556 — With an allowance recorded Agricultural 393 440 94 Commercial and industrial 21 21 3 Consumer 89 89 13 Construction real estate — — — Commercial real estate 550 609 20 Residential real estate 2,462 2,494 167 Total 3,515 3,653 297 Total Agricultural 578 625 94 Commercial and industrial 21 21 3 Consumer 90 90 13 Construction real estate — — — Commercial real estate 623 718 20 Residential real estate 2,712 2,755 167 Total $ 4,024 $ 4,209 $ 297 The following schedule provides information regarding average balances of impaired loans and interest recognized on impaired loans for three- and nine-month periods ended September 30, 2019 and 2018: Average Interest (Dollars in thousands) Recorded Income Investment Recognized Three months ended September 30, 2019 With no related allowance recorded Agricultural $ — $ — Commercial and industrial 129 — Consumer — — Commercial real estate 941 — Residential real estate 109 1 Total 1,179 1 With an allowance recorded Agricultural 389 — Commercial and industrial 191 — Consumer 37 1 Commercial real estate 1,693 13 Residential real estate 2,521 48 Total 4,831 62 Total Agricultural 389 — Commercial and industrial 320 — Consumer 37 1 Commercial real estate 2,634 13 Residential real estate 2,630 49 Total $ 6,010 $ 63 Average Interest (Dollars in thousands) Recorded Income Investment Recognized Three months ended September 30, 2018 With no related allowance recorded Agricultural $ 211 $ — Commercial and industrial 73 3 Consumer — — Commercial real estate 134 — Construction real estate 65 — Residential real estate 168 — Total 651 3 With an allowance recorded Agricultural 206 — Commercial and industrial 521 8 Consumer 68 3 Commercial real estate 739 20 Construction real estate — — Residential real estate 2,418 52 Total 3,952 83 Total Agricultural 417 — Commercial and industrial 594 11 Consumer 68 3 Commercial real estate 873 20 Construction real estate 65 — Residential real estate 2,586 52 Total $ 4,603 $ 86 Average Interest (Dollars in thousands) Recorded Income Investment Recognized Nine months ended September 30, 2019 With no related allowance recorded Agricultural $ 46 $ — Commercial and industrial 65 9 Consumer — — Commercial real estate 507 61 Residential real estate 156 4 Total 774 74 With an allowance recorded Agricultural 390 — Commercial and industrial 107 2 Consumer 56 1 Commercial real estate 1,117 27 Residential real estate 2,510 112 Total 4,180 142 Total Agricultural 436 — Commercial and industrial 172 11 Consumer 56 1 Commercial real estate 1,624 88 Residential real estate 2,666 116 Total $ 4,954 $ 216 Average Interest (Dollars in thousands) Recorded Income Investment Recognized Nine months ended September 30, 2018 With no related allowance recorded Agricultural $ 317 $ — Commercial and industrial 37 6 Consumer 2 — Commercial real estate 67 — Construction real estate 79 — Residential real estate 159 2 Total 661 8 With an allowance recorded Agricultural 103 — Commercial and industrial 364 23 Consumer 52 2 Commercial real estate 728 42 Construction real estate — — Residential real estate 2,539 112 Total 3,786 179 Total Agricultural 420 — Commercial and industrial 401 29 Consumer 54 2 Commercial real estate 795 42 Construction real estate 79 — Residential real estate 2,698 114 Total $ 4,447 $ 187
Schedule of aging analysis of loans by loan category	An aging analysis of loans by loan category follows: Greater 90 Days Past (Dollars in thousands) 30 to 59 60 to 89 Than 90 Loans Not Due and Days Days Days (1) Total Past Due Total Loans Accruing September 30, 2019 Agricultural $ — $ — $ — $ — $ 50,057 $ 50,057 $ — Commercial and industrial 284 — 259 543 80,988 81,531 — Consumer 43 3 2 48 24,360 24,408 — Commercial real estate — — 1,882 1,882 142,424 144,306 — Construction real estate — — — — 11,188 11,188 — Residential real estate 102 644 201 947 94,369 95,316 — $ 429 $ 647 $ 2,344 $ 3,420 $ 403,386 $ 406,806 $ — December 31, 2018 Agricultural $ — $ — $ — $ — $ 49,109 $ 49,109 $ — Commercial and industrial 5 — — 5 91,401 91,406 — Consumer 149 40 11 200 24,182 24,382 — Commercial real estate — — 73 73 139,380 139,453 — Construction real estate — — — — 8,843 8,843 — Residential real estate 1,493 486 648 2,627 93,253 95,880 — $ 1,647 $ 526 $ 732 $ 2,905 $ 406,168 $ 409,073 $ — (1) Includes nonaccrual loans.
Schedule of nonaccrual loans by loan category	Nonaccrual loans by loan category follow: (Dollars in thousands) September 30, December 31, 2019 2018 Agricultural $ 389 $ 393 Commercial and industrial 279 — Consumer 7 62 Commercial real estate 1,925 123 Construction real estate — — Residential real estate 973 954 $ 3,573 $ 1,532

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings per share	Earnings per share are based on the weighted average number of shares outstanding during the period. A computation of basic earnings per share and diluted earnings per share follows: Three Months Ended Nine Months Ended (Dollars in thousands, except per share data) September 30, September 30, 2019 2018 2019 2018 Basic Earnings Per Share Net income available to common shareholders $ 1,021 $ 2,014 $ 4,144 $ 5,505 Weighted average common shares outstanding 3,633,474 3,613,516 3,626,961 3,613,891 Basic earnings per share $ 0.28 $ 0.55 $ 1.14 $ 1.52 Diluted Earnings Per Share Net income available to common shareholders $ 1,021 $ 2,014 $ 4,144 $ 5,505 Weighted average common shares outstanding 3,633,474 3,613,516 3,626,961 3,613,891 Plus dilutive stock options and restricted stock units 23,964 16,535 19,870 13,497 Weighted average common shares outstanding and potentially dilutive shares 3,657,438 3,630,051 3,646,831 3,627,388 Diluted earnings per share $ 0.28 $ 0.55 $ 1.14 $ 1.52

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2019
Investments, All Other Investments [Abstract]
Schedule of carrying value and fair value of financial assets and liabilities	Financial instruments as of the dates indicated were as follows: Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable (Dollars in thousands) Carrying Estimated Assets Inputs Inputs Amount Fair Value (Level 1) (Level 2) (Level 3) September 30, 2019 Assets: Cash and due from banks $ 16,574 $ 16,574 $ 16,574 $ — $ — Equity securities at fair value 2,499 2,499 1,499 — 1,000 Securities available for sale 154,778 154,778 — 144,501 10,277 Federal Home Loan Bank and Federal Reserve Bank stock 3,568 3,568 — 3,568 — Loans held for sale 1,202 1,202 — 1,202 — Loans to other financial institutions 29,992 29,992 — 29,992 — Loans, net 402,710 398,450 — — 398,450 Accrued interest receivable 2,663 2,663 — 2,663 — Liabilities: Noninterest-bearing deposits 152,579 152,579 — 152,579 — Interest-bearing deposits 421,496 421,611 — 421,611 — Federal Home Loan Bank advances 207 220 — 220 — Accrued interest payable 235 235 — 235 — December 31, 2018 Assets: Cash and due from banks $ 19,690 $ 19,690 $ 19,690 $ — $ — Equity securities at fair value 2,847 2,847 1,961 — 886 Securities available for sale 166,602 166,602 — 158,104 8,498 Federal Home Loan Bank and Federal Reserve Bank stock 3,567 3,567 — 3,567 — Loans held for sale 831 856 — 856 — Loans to other financial institutions 20,644 20,644 — 20,644 — Loans, net 404,400 399,091 — — 399,091 Accrued interest receivable 2,267 2,267 — 2,267 — Liabilities: Noninterest-bearing deposits 153,542 153,542 — 153,542 — Interest-bearing deposits 423,473 422,381 — 422,381 — Federal funds purchased 4,800 4,800 — 4,800 — Federal Home Loan Bank advances 5,233 5,241 — 5,241 — Accrued interest payable 210 210 — 210 —

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of assets measured at fair value on a recurring basis	Disclosures concerning assets measured at fair value are as follows: Assets Measured at Fair Value on a Recurring Basis (Dollars in thousands) Quoted Prices Significant Significant Balance at Date (Level 1) (Level 2) (Level 3) Indicated Equity Securities Held at Fair Value - September 30, 2019 Equity securities $ 1,499 $ — $ 1,000 $ 2,499 Investment Securities, Available for Sale – September 30, 2019 U.S. Treasury notes and bonds $ — $ 2,012 $ — $ 2,012 U.S. Government and federal agency — 23,049 — 23,049 State and municipal — 90,975 9,777 100,752 Mortgage-backed — 25,286 — 25,286 Corporate — 2,679 — 2,679 Foreign debt — 500 — 500 Trust preferred securities — — 500 500 Total $ — $ 144,501 $ 10,277 $ 154,778 Equity Securities Held at Fair Value - December 31, 2018 Equity securities $ 1,961 $ — $ 886 $ 2,847 Investment Securities, Available for Sale - December 31, 2018 U.S. Treasury notes and bonds $ — $ 1,947 $ — $ 1,947 U.S. Government and federal agency — 33,529 — 33,529 State and municipal — 95,930 7,998 103,928 Mortgage-backed — 21,575 — 21,575 Corporate — 5,102 — 5,102 Trust preferred securities — — 500 500 Asset backed securities — 21 — 21 Total $ — $ 158,104 $ 8,498 $ 166,602
Schedule of changes in Level 3 assets measured at fair value on a recurring basis	Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis Nine months ended (Dollars in thousands) September 30, 2019 2018 Equity Securities Held at Fair Value Balance, January 1 $ 886 $ — Reclassification due to implementation of ASU 2016-01 — 1,000 Total realized and unrealized gains included in noninterest income 114 — Net purchases, sales, calls, and maturities — — Net transfers into Level 3 — — Balance, September 30 $ 1,000 $ 1,000 Investment Securities, Available for Sale Balance, January 1 $ 8,498 $ 13,398 Reclassification due to implementation of ASU 2016-01 — (1,000 ) Total unrealized gains (losses) included in other comprehensive income 350 (347 ) Net purchases, sales, calls, and maturities 1,429 (3,656 ) Net transfers into Level 3 — — Balance, September 30 $ 10,277 $ 8,395
Schedule of assets measured at fair value on a nonrecurring basis	Disclosures concerning assets measured at fair value on a non-recurring basis are as follows: Assets Measured at Fair Value on a Non-recurring Basis (Dollars in thousands) Balance at Dates Quoted Prices Significant Significant Indicated (Level 1) (Level 2) (Level 3) Impaired Loans September 30, 2019 $ 5,665 $ — $ — $ 5,665 December 31, 2018 $ 4,024 $ — $ — $ 4,024 Other Real Estate September 30, 2019 $ 284 $ — $ — $ 284 December 31, 2018 $ 102 $ — $ — $ 102

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Schedule of noninterest income separated by revenue within the scope of ASC 606	Following is noninterest income separated by revenue within the scope of ASC 606 and revenue within the scope of other GAAP topics: Three months ended Nine months ended September 30, September 30, (Dollars in thousands) 2019 2018 2019 2018 Service charges and fees on deposit accounts $ 690 $ 715 $ 1,987 $ 2,007 Interchange income 404 449 1,288 1,333 Investment commission income 72 80 177 187 Other charges and fees for customer services 57 46 177 158 Noninterest income from contracts with customers within the scope of ASC 606 1,223 1,290 3,629 3,685 Noninterest income within the scope of other GAAP topics 712 562 2,092 1,536 Total noninterest income $ 1,935 $ 1,852 $ 5,721 $ 5,221

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019USD ($)Number	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)Numbershares	Sep. 30, 2018USD ($)	Jan. 02, 2019USD ($)	Jan. 02, 2018USD ($)
Shares issued during the period	$ 40	$ 33	$ 99	$ 83
Adoption effect of ASU 2016-01						$ 244
Lease asset					$ 105
Lease liability					$ 105
Number of shares issued upon exercise of options | shares			3,390
Value of shares issued upon exercise of options			$ 46
Employee Stock Purchase Plan [Member]
Shares issued during the period, shares | shares			2,589
Shares issued during the period			$ 61
Directors' Stock Purchase Plan [Member]
Shares issued during the period, shares | shares			4,139
Shares issued during the period			$ 110
Participating Interests in Mortgage Loans [Member] | Credit Concentration Risk [Member]
Number of mortgage bankers | Number	13		13
Concentration risk of largest creditor			19.00%
Number of participating interest in loans to other financial instutions over 30 days | Number	17		17
Number of participating interest in loans to other financial instutions | Number	184		184
Participating interest in loans to other financial instutions over 30 days	$ 4,800		$ 4,800
Restricted Stock Units [Member]
Shares issued during the period upon vesting of Restricted Stock Units, shares | shares			7,787

SECURITIES (Details)

SECURITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Amortized Cost	$ 2,164	$ 2,502
Gross Unrealized Gains	335	459
Gross Unrealized Losses		(114)
Fair Value	$ 2,499	$ 2,847

SECURITIES (Details 1)

SECURITIES (Details 1) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 151,043	$ 167,710
Gross Unrealized Gains	3,754	672
Gross Unrealized Losses	(19)	(1,780)
Fair Value	154,778	166,602
U.S. Government and Federal Agency [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	23,035	34,079
Gross Unrealized Gains	23	1
Gross Unrealized Losses	(9)	(551)
Fair Value	23,049	33,529
U.S. Treasury [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,994	1,992
Gross Unrealized Gains	18
Gross Unrealized Losses		(45)
Fair Value	2,012	1,947
State and Municipal [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	97,824	104,317
Gross Unrealized Gains	2,932	544
Gross Unrealized Losses	(4)	(933)
Fair Value	100,752	103,928
Mortgage-backed [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	24,542	21,654
Gross Unrealized Gains	747	126
Gross Unrealized Losses	(3)	(205)
Fair Value	25,286	21,575
Corporate [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	2,648	5,147
Gross Unrealized Gains	34	1
Gross Unrealized Losses	(3)	(46)
Fair Value	2,679	5,102
Foreign Debt [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	500
Fair Value	500
Trust Preferred Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	500	500
Fair Value	$ 500	500
Asset-backed Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		21
Fair Value		$ 21

SECURITIES (Details 2)

SECURITIES (Details 2) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Securities fair values
Less than 1 Year	$ 35,726
1 Year - 5 Years	75,558
5 Years - 10 Years	42,489
More than 10 Years	3,504
Securities available for sale	154,778	$ 166,602
Equity securities at fair value	2,499	2,847
U.S. Government and Federal Agency [Member]
Securities fair values
Less than 1 Year	21,017
1 Year - 5 Years	2,032
Securities available for sale	$ 23,049	33,529
Weighted average yields
Less than 1 year	1.99%
1 year to 5 years	1.98%
Total	1.99%
U.S. Treasury [Member]
Securities fair values
1 Year - 5 Years	$ 2,012
Securities available for sale	$ 2,012	1,947
Weighted average yields
1 year to 5 years	1.85%
Total	1.85%
State and Municipal [Member]
Securities fair values
Less than 1 Year	$ 13,709
1 Year - 5 Years	49,671
5 Years - 10 Years	35,367
More than 10 Years	2,005
Securities available for sale	$ 100,752	103,928
Weighted average yields
Less than 1 year	2.73%
1 year to 5 years	2.85%
5 years to 10 years	3.21%
More than 10 years	0.64%
Total	2.91%
Corporate [Member]
Securities fair values
1 Year - 5 Years	$ 2,679
Securities available for sale	$ 2,679	5,102
Weighted average yields
1 year to 5 years	2.66%
Total	2.66%
Foreign Debt [Member]
Securities fair values
Less than 1 Year	$ 500
Securities available for sale	$ 500
Weighted average yields
Less than 1 year	2.27%
Total	2.27%
Trust Preferred Securities [Member]
Securities fair values
Less than 1 Year	$ 500
Securities available for sale	$ 500	500
Weighted average yields
Less than 1 year	6.00%
Total	6.00%
Asset-backed Securities [Member]
Securities fair values
Securities available for sale		21
Mortgage-backed [Member]
Securities fair values
1 Year - 5 Years	$ 19,164
5 Years - 10 Years	6,122
Securities available for sale	$ 25,286	21,575
Weighted average yields
1 year to 5 years	3.24%
5 years to 10 years	2.97%
Total	3.18%
Total Debt Securities [Member]
Securities fair values
Less than 1 Year	$ 35,726
1 Year - 5 Years	56,394
5 Years - 10 Years	35,367
More than 10 Years	2,005
Securities available for sale	129,492	145,027
Equity Securities [Member]
Securities fair values
5 Years - 10 Years	1,000
More than 10 Years	1,499
Securities available for sale	$ 2,499	2,847
Weighted average yields
5 years to 10 years	4.61%
Total	1.54%
Debt and Equity Securities [Member]
Securities fair values
Total securities	$ 157,277	$ 169,449

SECURITIES (Details 3)

SECURITIES (Details 3) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Equity Securities, FV-NI, Gain (Loss) [Abstract]
Net gains and losses recognized during the period	$ (146)	$ 113	$ 119	$ 161
Less: Net gains and losses recognized during the period on securities sold	(2)		4	9
Unrealized gains and losses recognized during the reporting period on securities still held at the reporting date	$ (144)	$ 113	$ 115	$ 152

LOANS AND ALLOWANCE FOR LOAN _3

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Allowance for Loan Losses
Beginning balance	$ 4,801	$ 4,659	$ 4,673	$ 4,577
Charge-offs	(752)	(75)	(919)	(263)
Recoveries	47	38	342	273
Provision				35
Ending balance	4,096	4,096	4,096	4,096
Agricultural [Member]
Allowance for Loan Losses
Beginning balance	362	359	481	506
Recoveries			65
Provision	111	5	(73)	(142)
Ending balance	473	364	473	364
Commercial and Industrial [Member]
Allowance for Loan Losses
Beginning balance	818	970	892	1,001
Charge-offs	(81)		(83)	(58)
Recoveries	1	4	21	57
Provision	(87)	(25)	(179)	(51)
Ending balance	651	949	651	949
Consumer [Member]
Allowance for Loan Losses
Beginning balance	335	205	254	262
Charge-offs	(71)	(62)	(222)	(180)
Recoveries	25	22	113	73
Provision	(27)	59	117	69
Ending balance	262	224	262	224
Commercial Real Estate [Member]
Allowance for Loan Losses
Beginning balance	2,398	1,911	1,926	1,761
Charge-offs	(589)		(589)
Recoveries	16	2	22	61
Provision	(182)	37	284	128
Ending balance	1,643	1,950	1,643	1,950
Construction Real Estate [Member]
Allowance for Loan Losses
Beginning balance	43	16	38	35
Provision	5	15	10	(4)
Ending balance	48	31	48	31
Residential Real Estate [Member]
Allowance for Loan Losses
Beginning balance	522	620	537	726
Charge-offs	(11)	(13)	(25)	(25)
Recoveries	5	10	121	82
Provision	(80)		(197)	(166)
Ending balance	436	617	436	617
Unallocated [Member]
Allowance for Loan Losses
Beginning balance	323	578	545	286
Provision	260	(91)	38	201
Ending balance	$ 583	$ 487	$ 583	$ 487

LOANS AND ALLOWANCE FOR LOAN _4

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 1) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	$ 291		$ 257
Allowance for Loan Losses, Collectively evaluated for impairment	3,805		4,365
Loans, Individually evaluated for impairment	5,665	$ 4,024
Loans, Collectively evaluated for impairment	401,141	405,049
Loans, Ending balance	406,806	409,073
Agricultural [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	85		13
Allowance for Loan Losses, Collectively evaluated for impairment	388		351
Loans, Individually evaluated for impairment	389	578
Loans, Collectively evaluated for impairment	49,668	48,531
Loans, Ending balance	50,057	49,109
Commercial and Industrial [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	2		18
Allowance for Loan Losses, Collectively evaluated for impairment	649		931
Loans, Individually evaluated for impairment	279	21
Loans, Collectively evaluated for impairment	81,252	91,385
Loans, Ending balance	81,531	91,406
Consumer [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	4		19
Allowance for Loan Losses, Collectively evaluated for impairment	258		205
Loans, Individually evaluated for impairment	20	90
Loans, Collectively evaluated for impairment	24,388	24,292
Loans, Ending balance	24,408	24,382
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	14		27
Allowance for Loan Losses, Collectively evaluated for impairment	1,629		1,923
Loans, Individually evaluated for impairment	2,331	623
Loans, Collectively evaluated for impairment	141,975	138,830
Loans, Ending balance	144,306	139,453
Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	186		180
Allowance for Loan Losses, Collectively evaluated for impairment	250		437
Loans, Individually evaluated for impairment	2,646	2,712
Loans, Collectively evaluated for impairment	92,670	93,168
Loans, Ending balance	95,316	95,880
Construction Real Estate [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for Loan Losses, Collectively evaluated for impairment	48		31
Loans, Collectively evaluated for impairment	11,188	8,843
Loans, Ending balance	11,188	$ 8,843
Unallocated [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for Loan Losses, Collectively evaluated for impairment	$ 583		$ 487

LOANS AND ALLOWANCE FOR LOAN _5

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 2) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	$ 406,806	$ 409,073
Nonaccrual past due loans	3,573	1,532
Agricultural [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	50,057	49,109
Nonaccrual past due loans	389	393
Agricultural [Member] | Risk ratings 1 and 2 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	14,214	15,300
Agricultural [Member] | Risk rating 3 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	16,376	23,938
Agricultural [Member] | Risk rating 4 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	18,074	9,082
Agricultural [Member] | Risk rating 5 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	1,004	211
Agricultural [Member] | Risk rating 6 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	389	578
Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	81,531	91,406
Nonaccrual past due loans	279
Commercial and Industrial [Member] | Risk ratings 1 and 2 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	7,138	11,972
Commercial and Industrial [Member] | Risk rating 3 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	39,317	50,266
Commercial and Industrial [Member] | Risk rating 4 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	32,002	23,961
Commercial and Industrial [Member] | Risk rating 5 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	2,795	5,204
Commercial and Industrial [Member] | Risk rating 6 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	279	3
Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	144,306	139,453
Nonaccrual past due loans	1,925	123
Commercial Real Estate [Member] | Risk ratings 1 and 2 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	9,137	7,962
Commercial Real Estate [Member] | Risk rating 3 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	89,117	89,173
Commercial Real Estate [Member] | Risk rating 4 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	40,952	36,193
Commercial Real Estate [Member] | Risk rating 5 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	2,156	4,850
Commercial Real Estate [Member] | Risk rating 6 [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	2,944	1,275
Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	24,408	24,382
Nonaccrual past due loans	8	62
Consumer [Member] | Performing [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	24,400	24,320
Construction Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	11,188	8,843
Construction Real Estate [Member] | Performing [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	11,188	8,843
Residential Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	95,316	95,880
Nonaccrual past due loans	973	955
Residential Real Estate [Member] | Performing [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Risk rated loans	$ 94,343	$ 94,925

LOANS AND ALLOWANCE FOR LOAN _6

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 3) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019USD ($)Number	Sep. 30, 2019USD ($)Number
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | Number		3
Pre-Modification Outstanding Recorded Investment		$ 1,899
Post Modification Oustanding Recorded Investment		$ 1,899
Residential Real Estate [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | Number		1
Pre-Modification Outstanding Recorded Investment		$ 17
Post Modification Oustanding Recorded Investment		$ 17
Commercial Real Estate [Member]
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | Number		2
Pre-Modification Outstanding Recorded Investment		$ 1,882
Post Modification Oustanding Recorded Investment		$ 1,882
Number of Loans with payment defaults during period | Number	2	2
Recorded Investment with payment defaults during period	$ 1,882	$ 1,882

LOANS AND ALLOWANCE FOR LOAN _7

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 4) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Impaired Loans with no related allowance recorded
Recorded Investment with no related allowance recorded	$ 2,244		$ 2,244		$ 509
Unpaid Principal Balance with no related allowance recorded	2,244		2,244		556
Average Recorded Investment with no related allowance recorded	1,179	$ 651	774	$ 661
Interest Income Recognized with no related allowance recorded	1	3	74	8
Impaired Loans with a related allowance recorded
Recorded Investment with an allowance recorded	3,421		3,421		3,515
Unpaid Principal Balance with an allowance recorded	3,711		3,711		3,653
Average Recorded Investment with an allowance recorded	4,831	3,952	4,180	3,786
Interest Income Recognized with an allowance recorded	62	83	142	179
Impaired Loans
Recorded Investment	5,665		5,665		4,024
Unpaid Principal Balance	5,955		5,955		4,209
Average Recorded Investment	6,010	4,603	4,954	4,447
Interest Income Recognized	63	86	216	187
Agricultural [Member]
Impaired Loans with no related allowance recorded
Recorded Investment with no related allowance recorded					185
Unpaid Principal Balance with no related allowance recorded					185
Average Recorded Investment with no related allowance recorded		211	46	317
Impaired Loans with a related allowance recorded
Recorded Investment with an allowance recorded	389		389		393
Unpaid Principal Balance with an allowance recorded	474		474		440
Average Recorded Investment with an allowance recorded	389	206	390	103
Impaired Loans
Recorded Investment	389		389		578
Unpaid Principal Balance	474		474		625
Average Recorded Investment	389	417	436	420
Commercial and Industrial [Member]
Impaired Loans with no related allowance recorded
Recorded Investment with no related allowance recorded	259		259
Unpaid Principal Balance with no related allowance recorded	259		259
Average Recorded Investment with no related allowance recorded	129	73	65	37
Interest Income Recognized with no related allowance recorded		3	9	6
Impaired Loans with a related allowance recorded
Recorded Investment with an allowance recorded	20		20		21
Unpaid Principal Balance with an allowance recorded	22		22		21
Average Recorded Investment with an allowance recorded	191	521	107	364
Interest Income Recognized with an allowance recorded		8	2	23
Impaired Loans
Recorded Investment	279		279		21
Unpaid Principal Balance	281		281		21
Average Recorded Investment	320	594	172	401
Interest Income Recognized		11	11	29
Consumer [Member]
Impaired Loans with no related allowance recorded
Recorded Investment with no related allowance recorded					1
Unpaid Principal Balance with no related allowance recorded					1
Average Recorded Investment with no related allowance recorded				2
Impaired Loans with a related allowance recorded
Recorded Investment with an allowance recorded	20		20		89
Unpaid Principal Balance with an allowance recorded	24		24		89
Average Recorded Investment with an allowance recorded	37	68	56	52
Interest Income Recognized with an allowance recorded	1	3	1	2
Impaired Loans
Recorded Investment	20		20		90
Unpaid Principal Balance	24		24		90
Average Recorded Investment	37	68	56	54
Interest Income Recognized	1	3	1	2
Commercial Real Estate [Member]
Impaired Loans with no related allowance recorded
Recorded Investment with no related allowance recorded	1,882		1,882		73
Unpaid Principal Balance with no related allowance recorded	1,882		1,882		109
Average Recorded Investment with no related allowance recorded	941	134	507	67
Interest Income Recognized with no related allowance recorded			61
Impaired Loans with a related allowance recorded
Recorded Investment with an allowance recorded	449		449		550
Unpaid Principal Balance with an allowance recorded	462		462		609
Average Recorded Investment with an allowance recorded	1,693	739	1,117	728
Interest Income Recognized with an allowance recorded	13	20	27	42
Impaired Loans
Recorded Investment	2,331		2,331		623
Unpaid Principal Balance	2,344		2,344		718
Average Recorded Investment	2,634	873	1,624	795
Interest Income Recognized	13	20	88	42
Residential Real Estate [Member]
Impaired Loans with no related allowance recorded
Recorded Investment with no related allowance recorded	103		103		250
Unpaid Principal Balance with no related allowance recorded	103		103		261
Average Recorded Investment with no related allowance recorded	109	168	156	159
Interest Income Recognized with no related allowance recorded	1		4	2
Impaired Loans with a related allowance recorded
Recorded Investment with an allowance recorded	2,543		2,543		2,462
Unpaid Principal Balance with an allowance recorded	2,729		2,729		2,494
Average Recorded Investment with an allowance recorded	2,521	2,418	2,510	2,539
Interest Income Recognized with an allowance recorded	48	52	112	112
Impaired Loans
Recorded Investment	2,646		2,646		2,712
Unpaid Principal Balance	2,832		2,832		$ 2,755
Average Recorded Investment	2,630	2,586	2,666	2,698
Interest Income Recognized	$ 49	52	$ 116	114
Construction Real Estate [Member]
Impaired Loans with no related allowance recorded
Average Recorded Investment with no related allowance recorded		65		79
Impaired Loans
Average Recorded Investment		$ 65		$ 79

LOANS AND ALLOWANCE FOR LOAN _8

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 5) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable, Past Due [Line Items]
Past Due Total	$ 3,420	$ 2,905
Loans Not Past Due	403,386	406,168
Total Loans	406,806	409,073
Agricultural [Member]
Financing Receivable, Past Due [Line Items]
Loans Not Past Due	50,057	49,109
Total Loans	50,057	49,109
Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	543	5
Loans Not Past Due	80,988	91,401
Total Loans	81,531	91,406
Consumer [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	48	200
Loans Not Past Due	24,360	24,182
Total Loans	24,408	24,382
Commercial Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	1,882	73
Loans Not Past Due	142,424	139,380
Total Loans	144,306	139,453
Construction Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Loans Not Past Due	11,188	8,843
Total Loans	11,188	8,843
Residential Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	947	2,627
Loans Not Past Due	94,369	93,253
Total Loans	95,316	95,880
Greater Than 90 Days [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	2,344	732
Greater Than 90 Days [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	259
Greater Than 90 Days [Member] | Consumer [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	2	11
Greater Than 90 Days [Member] | Commercial Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	1,882	73
Greater Than 90 Days [Member] | Residential Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	201	648
60 to 89 Days [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	647	526
60 to 89 Days [Member] | Consumer [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	3	40
60 to 89 Days [Member] | Residential Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	644	486
30 to 59 Days [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	429	1,647
30 to 59 Days [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	284	5
30 to 59 Days [Member] | Consumer [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	43	149
30 to 59 Days [Member] | Residential Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Past Due Total	$ 102	$ 1,493

LOANS AND ALLOWANCE FOR LOAN _9

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details 6) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable, Past Due [Line Items]
Nonaccrual loans	$ 3,573	$ 1,532
Agricultural [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual loans	389	393
Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual loans	279
Consumer [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual loans	8	62
Commercial Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual loans	1,925	123
Residential Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual loans	$ 973	$ 955

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Basic Earnings Per Share
Net income available to common shareholders	$ 1,021	$ 2,014	$ 4,144	$ 5,505
Weighted average common shares outstanding	3,633,474	3,613,516	3,626,961	3,613,891
Basic earnings per share	$ 0.28	$ 0.55	$ 1.14	$ 1.52
Diluted Earnings Per Share
Net income available to common shareholders	$ 1,021	$ 2,014	$ 4,144	$ 5,505
Plus dilutive stock options and restricted stock units	23,964	16,535	19,870	13,497
Weighted average common shares outstanding and potentially dilutive shares	3,657,438	3,630,051	3,646,831	3,627,388
Diluted earnings per share	$ 0.28	$ 0.55	$ 1.14	$ 1.52

EARNINGS PER SHARE (Details Nar

EARNINGS PER SHARE (Details Narrative) - shares	May 31, 2018	May 31, 2017	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share [Abstract]
Dilutive stock options excluded in calculation of earnings per share			0	0	13,500	0
Stock dividend issued	5.00%	5.00%				5.00%

FINANCIAL INSTRUMENTS (Details)

FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Assets
Equity securities at fair value	$ 2,499	$ 2,847
Securities available for sale	154,778	166,602
Loans to other financial institutions	29,992	20,644
Liabilities
Noninterest-bearing deposits	152,579	153,542
Interest-bearing deposits	421,496	423,473
Federal funds purchased		4,800
Carrying Amount [Member]
Assets
Cash and due from banks	16,574	19,690
Equity securities at fair value	2,499	2,847
Securities available for sale	154,778	166,602
Federal Home Loan Bank and Federal Reserve Bank stock	3,568	3,567
Loans held for sale	1,202	831
Loans to other financial institutions	29,992	20,644
Loans, net	402,710	404,400
Accrued interest receivable	2,663	2,267
Liabilities
Noninterest-bearing deposits	152,579	153,542
Interest-bearing deposits	421,496	423,473
Federal funds purchased		4,800
Federal Home Loan Bank advances	207	5,233
Accrued interest payable	235	210
Estimated Fair Value [Member]
Assets
Cash and due from banks	16,574	19,690
Equity securities at fair value	2,499	2,847
Securities available for sale	154,778	166,602
Federal Home Loan Bank and Federal Reserve Bank stock	3,568	3,567
Loans held for sale	1,202	856
Loans to other financial institutions	29,992	20,644
Loans, net	398,450	399,091
Accrued interest receivable	2,663	2,267
Liabilities
Noninterest-bearing deposits	152,579	153,542
Interest-bearing deposits	421,611	422,381
Federal funds purchased		4,800
Federal Home Loan Bank advances	220	5,241
Accrued interest payable	235	210
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets
Cash and due from banks	16,574	19,690
Equity securities at fair value	1,499	1,961
Significant Other Observable Inputs (Level 2) [Member]
Assets
Securities available for sale	144,501	158,104
Federal Home Loan Bank and Federal Reserve Bank stock	3,568	3,567
Loans held for sale	1,202	856
Loans to other financial institutions	29,992	20,644
Accrued interest receivable	2,663	2,267
Liabilities
Noninterest-bearing deposits	152,579	153,542
Interest-bearing deposits	421,611	422,381
Federal funds purchased		4,800
Federal Home Loan Bank advances	220	5,241
Accrued interest payable	235	210
Significant Unobservable Inputs (Level 3) [Member]
Assets
Equity securities at fair value	1,000	886
Securities available for sale	10,277	8,498
Loans, net	$ 398,450	$ 399,091

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	$ 2,499	$ 2,847
Securities available for sale	154,778	166,602
U.S. Treasury [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	2,012	1,947
U.S. Government and Federal Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	23,049	33,529
State and Municipal [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	100,752	103,928
Mortgage-backed [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	25,286	21,575
Corporate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	2,679	5,102
Foreign Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	500
Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	500	500
Asset-backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale		21
Fair Value - Recurring Basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	154,778	166,602
Fair Value - Recurring Basis [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	2,499	2,847
Fair Value - Recurring Basis [Member] | U.S. Treasury [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	2,012	1,947
Fair Value - Recurring Basis [Member] | U.S. Government and Federal Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	23,049	33,529
Fair Value - Recurring Basis [Member] | State and Municipal [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	100,752	103,928
Fair Value - Recurring Basis [Member] | Mortgage-backed [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	25,286	21,575
Fair Value - Recurring Basis [Member] | Corporate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	2,679	5,102
Fair Value - Recurring Basis [Member] | Foreign Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	500
Fair Value - Recurring Basis [Member] | Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	500	500
Fair Value - Recurring Basis [Member] | Asset-backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale		21
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	1,499	1,961
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value - Recurring Basis [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	1,499	1,961
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	144,501	158,104
Significant Other Observable Inputs (Level 2) [Member] | Fair Value - Recurring Basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	144,501	158,104
Significant Other Observable Inputs (Level 2) [Member] | Fair Value - Recurring Basis [Member] | U.S. Treasury [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	2,012	1,947
Significant Other Observable Inputs (Level 2) [Member] | Fair Value - Recurring Basis [Member] | U.S. Government and Federal Agency [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	23,049	33,529
Significant Other Observable Inputs (Level 2) [Member] | Fair Value - Recurring Basis [Member] | State and Municipal [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	90,975	95,930
Significant Other Observable Inputs (Level 2) [Member] | Fair Value - Recurring Basis [Member] | Mortgage-backed [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	25,286	21,575
Significant Other Observable Inputs (Level 2) [Member] | Fair Value - Recurring Basis [Member] | Corporate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	2,679	5,102
Significant Other Observable Inputs (Level 2) [Member] | Fair Value - Recurring Basis [Member] | Foreign Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	500
Significant Other Observable Inputs (Level 2) [Member] | Fair Value - Recurring Basis [Member] | Asset-backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale		21
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	1,000	886
Securities available for sale	10,277	8,498
Significant Unobservable Inputs (Level 3) [Member] | Fair Value - Recurring Basis [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	10,277	8,498
Significant Unobservable Inputs (Level 3) [Member] | Fair Value - Recurring Basis [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities at fair value	1,000	886
Significant Unobservable Inputs (Level 3) [Member] | Fair Value - Recurring Basis [Member] | State and Municipal [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	9,777	7,998
Significant Unobservable Inputs (Level 3) [Member] | Fair Value - Recurring Basis [Member] | Trust Preferred Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available for sale	$ 500	$ 500

FAIR VALUE MEASUREMENTS (Deta_2

FAIR VALUE MEASUREMENTS (Details 1) - Significant Unobservable Inputs (Level 3) [Member] - Fair Value - Recurring Basis [Member] - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Equity Securities [Member]
Changes in Level 3 Investment Securities, Available for Sale Measured at Fair Value on a Recurring Basis
Balance at the beginning of year	$ 886
Reclassification due to implementation of ASU 2016-01		$ 1,000
Total realized and unrealized gains included in noninterest income	114
Balance at the end of year	1,000	1,000
Investment Securities Available For Sale [Member]
Changes in Level 3 Investment Securities, Available for Sale Measured at Fair Value on a Recurring Basis
Balance at the beginning of year	8,498	13,398
Reclassification due to implementation of ASU 2016-01		(1,000)
Total unrealized gains/(losses) included in other comprehensive income	350	(347)
Net purchases, sales, calls, and maturities	1,429	(3,656)
Balance at the end of year	$ 10,277	$ 8,395

FAIR VALUE MEASUREMENTS (Deta_3

FAIR VALUE MEASUREMENTS (Details 2) - Fair Value - Non-Recurring Basis [Member] - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	$ 5,665	$ 4,024
Other real estate owned, net	284	102
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	5,665	4,024
Other real estate owned, net	$ 284	$ 102

FAIR VALUE MEASUREMENTS (Deta_4

FAIR VALUE MEASUREMENTS (Details Narrative) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Significant Unobservable Inputs (Level 3) [Member]
Net unrealized gain recognized in accumulated other comprehensive income	$ 495
Municipal Bonds [Member]
Purchase price of Level 3 securities	$ 2,100

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Noninterest income from contracts with customers within the scope of ASC 606	$ 1,223	$ 1,290	$ 3,629	$ 3,685
Noninterest income within the scope of other GAAP topics	712	562	2,092	1,536
Total noninterest income	1,935	1,852	5,721	5,221
Service charges and fees on deposit accounts [Member]
Noninterest income from contracts with customers within the scope of ASC 606	690	715	1,987	2,007
Interchange income [Member]
Noninterest income from contracts with customers within the scope of ASC 606	404	449	1,288	1,333
Investment commission income [Member]
Noninterest income from contracts with customers within the scope of ASC 606	72	80	177	187
Other charges and fees for customer services [Member]
Noninterest income from contracts with customers within the scope of ASC 606	$ 57	$ 46	$ 177	$ 158

BUSINESS COMBINATION (Details N

BUSINESS COMBINATION (Details Narrative) - County Bank Corp [Member] - Subsequent Event [Member] $ in Thousands	Oct. 02, 2019USD ($)shares
Business combination, shares issued for each acquiree share | shares	2.0632
Business combination, number of shares issued | shares	3,603,872
Total assets	$ 673,000
Total loans	428,000
Total deposits	$ 574,000