Citizens & Northern (CZNC) 10-Q5 Aug 222022 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2022	Aug. 03, 2022
Document And Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	000-16084
Entity Registrant Name	CITIZENS & NORTHERN CORPORATION
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	23-2451943
Entity Address, Address Line One	90-92 MAIN STREET
Entity Address, City or Town	WELLSBORO
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	16901
City Area Code	570
Local Phone Number	724-3411
Title of 12(b) Security	Common Stock Par Value $1.00
Trading Symbol	CZNC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		15,493
Entity Central Index Key	0000810958
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Current Fiscal Year End Date	--12-31

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Cash and due from banks:
Noninterest-bearing	$ 37,735,000	$ 16,729,000
Interest-bearing	31,452,000	88,219,000
Total cash and due from banks	69,187,000	104,948,000
Available-for-sale debt securities, at fair value	526,837,000	517,679,000
Loans receivable	1,657,604,000	1,564,849,000
Allowance for loan losses	(14,547,000)	(13,537,000)
Loans, net	1,643,057,000	1,551,312,000
Bank-owned life insurance	30,941,000	30,669,000
Accrued interest receivable	7,740,000	7,235,000
Bank premises and equipment, net	21,829,000	20,683,000
Foreclosed assets held for sale	505,000	684,000
Deferred tax asset, net	16,331,000	5,887,000
Goodwill	52,505,000	52,505,000
Core deposit intangibles, net	3,097,000	3,316,000
Other assets	38,689,000	32,730,000
TOTAL ASSETS	2,410,718,000	2,327,648,000
Deposits:
Noninterest-bearing	552,767,000	521,206,000
Interest-bearing	1,411,503,000	1,403,854,000
Total deposits	1,964,270,000	1,925,060,000
Short-term borrowings	90,042,000	1,803,000
Long-term borrowings - FHLB advances	36,791,000	28,042,000
Senior notes, net	14,733,000	14,701,000
Subordinated debt, net	24,553,000	33,009,000
Accrued interest and other liabilities	21,710,000	23,628,000
TOTAL LIABILITIES	2,152,099,000	2,026,243,000
STOCKHOLDERS' EQUITY
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued	0	0
Common stock, par value $1.00 per share; authorized 20,000,000 shares; issued 16,030,172 and outstanding 15,499,214 at June 30, 2022; issued 16,030,172 and outstanding 15,759,090 at December 31, 2021	16,030,000	16,030,000
Paid-in capital	143,417,000	144,453,000
Retained earnings	148,187,000	142,612,000
Treasury stock, at cost; 530,958 shares at June 30, 2022 and 271,082 shares at December 31, 2021	(13,013,000)	(6,716,000)
Accumulated other comprehensive (loss) income	(36,002,000)	5,026,000
TOTAL STOCKHOLDERS' EQUITY	258,619,000	301,405,000
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 2,410,718,000	$ 2,327,648,000

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
CONSOLIDATED BALANCE SHEETS
Preferred stock, par value (in dollars per share)	$ 1,000	$ 1,000
Preferred stock, authorized shares (in shares)	30,000	30,000
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000	$ 1,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	16,030,172	16,030,172
Common stock, shares outstanding (in shares)	15,499,214	15,759,090
Treasury stock, shares (in shares)	530,958	271,082

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest and fees on loans:
Taxable	$ 17,927	$ 18,075	$ 36,476	$ 37,566
Tax-exempt	467	411	921	850
Income from available-for-sale debt securities:
Taxable	2,036	1,187	4,005	2,300
Tax-exempt	768	663	1,490	1,305
Other interest and dividend income	111	92	190	161
Total interest and dividend income	21,309	20,428	43,082	42,182
INTEREST EXPENSE
Interest on deposits	1,130	1,217	2,040	2,495
Interest on short-term borrowings	122	7	123	22
Interest on long-term borrowings - FHLB advances	55	109	104	243
Interest on senior notes, net	120	57	238	57
Interest on subordinated debt, net	257	357	620	601
Total interest expense	1,684	1,747	3,125	3,418
Net interest income	19,625	18,681	39,957	38,764
Provision for loan losses	308	744	1,199	1,003
Net interest income after provision for loan losses	19,317	17,937	38,758	37,761
NONINTEREST INCOME
Brokerage and insurance revenue	566	506	1,088	832
Net gains from sale of loans	220	925	602	1,989
Increase in cash surrender value of life insurance	137	145	272	295
Other noninterest income	1,456	700	2,044	2,172
Realized (losses) gains on available-for-sale debt securities, net	(1)	2	1	2
Total noninterest income	6,829	6,302	12,652	13,084
NONINTEREST EXPENSE
Salaries and employee benefits	10,265	9,499	20,872	18,394
Net occupancy and equipment expense	1,308	1,219	2,719	2,523
Data processing and telecommunications expense	1,720	1,487	3,343	2,867
Automated teller machine and interchange expense	347	355	731	692
Pennsylvania shares tax	488	490	976	981
Professional fees	480	598	969	1,145
Other noninterest expense	2,431	1,751	4,315	4,506
Total noninterest expense	17,039	15,399	33,925	31,108
Income before income tax provision	9,107	8,840	17,485	19,737
Income tax provision	1,618	1,780	3,101	3,890
NET INCOME	$ 7,489	$ 7,060	$ 14,384	$ 15,847
EARNINGS PER COMMON SHARE - BASIC (in dollars per share)	$ 0.48	$ 0.44	$ 0.92	$ 0.99
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share)	$ 0.48	$ 0.44	$ 0.92	$ 0.99
Trust revenue
NONINTEREST INCOME
Revenue	$ 1,715	$ 1,807	$ 3,501	$ 3,433
Service charges on deposit accounts
NONINTEREST INCOME
Revenue	1,322	1,073	2,557	2,088
Interchange revenue from debit card transactions
NONINTEREST INCOME
Revenue	1,056	998	2,019	1,879
Loan servicing fees, net
NONINTEREST INCOME
Revenue	$ 358	$ 146	$ 568	$ 394

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Consolidated Statements of Comprehensive (Loss) Income
Net income	$ 7,489	$ 7,060	$ 14,384	$ 15,847
Available-for-sale debt securities:
Unrealized holding (losses) gains on available-for-sale debt securities	(20,018)	2,941	(52,043)	(3,173)
Reclassification adjustment for losses (gains) realized in income	1	(2)	(1)	(2)
Other comprehensive (loss) income on available-for-sale debt securities	(20,017)	2,939	(52,044)	(3,175)
Unfunded pension and postretirement obligations:
Changes from plan amendments and actuarial gains and losses	0	0	133	(5)
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost	(11)	(4)	(22)	(8)
Other comprehensive (loss) income on pension and postretirement obligations	(11)	(4)	111	(13)
Total other comprehensive (loss) income before income tax	(20,028)	2,935	(51,933)	(3,188)
Income tax related to other comprehensive loss (income)	4,204	(618)	10,905	669
Net other comprehensive (loss) income	(15,824)	2,317	(41,028)	(2,519)
Comprehensive (loss) income	$ (8,335)	$ 9,377	$ (26,644)	$ 13,328

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 14,384	$ 15,847
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,199	1,003
Realized gains on available-for-sale debt securities, net	(1)	(2)
Net amortization of securities	1,394	1,021
Increase in cash surrender value of life insurance	(272)	(295)
Depreciation and amortization of bank premises and equipment	1,013	1,081
Net accretion of purchase accounting adjustments	(727)	(1,397)
Stock-based compensation	781	625
Deferred income taxes	461	(34)
Increase in fair value of servicing rights	(152)	(36)
Gains on sales of loans, net	(602)	(1,989)
Origination of loans held for sale	(22,526)	(60,590)
Proceeds from sales of loans held for sale	22,122	60,867
(Increase) decrease in accrued interest receivable and other assets	(2,151)	761
Decrease in accrued interest payable and other liabilities	(986)	(1,396)
Other	80	(55)
Net Cash Provided by Operating Activities	14,017	15,411
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of certificates of deposit	0	(2,000)
Proceeds from maturities of certificates of deposit	250	0
Proceeds from sales of available-for-sale debt securities	0	421
Proceeds from calls and maturities of available-for-sale debt securities	30,066	33,117
Purchase of available-for-sale debt securities	(92,661)	(80,249)
Redemption of Federal Home Loan Bank of Pittsburgh stock	4,763	1,367
Purchase of Federal Home Loan Bank of Pittsburgh stock	(8,893)	(997)
Net (increase) decrease in loans	(92,292)	46,960
Proceeds from bank owned life insurance	0	287
Proceeds from sales of premises and equipment	0	575
Purchase of premises and equipment	(2,161)	(741)
Proceeds from sale of foreclosed assets	290	178
Other	100	115
Net Cash Used in Investing Activities	(160,538)	(967)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	39,309	96,914
Net increase (decrease) in short-term borrowings	88,239	(17,832)
Proceeds from long-term borrowings - FHLB advances	20,290	0
Repayments of long-term borrowings - FHLB advances	(11,405)	(10,047)
Proceeds from issuance of senior notes, net of issuance costs	0	14,663
Proceeds from issuance of subordinated debt, net of issuance costs	0	24,437
Redemption of subordinated debt	(8,500)	(8,000)
Sale of treasury stock	141	77
Purchases of treasury stock	(9,081)	(1,688)
Common dividends paid	(7,983)	(7,965)
Net Cash Provided by Financing Activities	111,010	90,559
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(35,511)	105,003
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	95,848	96,017
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 60,337	$ 201,020

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parentheticals) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Increase in accrued purchase of available-for-sale debt securities	$ 0	$ 32
Assets acquired through foreclosure of real estate loans	51	134
Leased assets obtained in exchange for new operating lease liabilities	904	0
Interest paid	3,310	4,508
Income taxes paid	$ 2,276	$ 5,770

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Treasury Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income	Total
Balance, beginning of period at Dec. 31, 2020	$ 15,983	$ (1,369)	$ 143,644	$ 129,703	$ 11,795	$ 299,756
Balance (in shares) at Dec. 31, 2020	15,982,815	70,831
Net income				15,847		15,847
Other comprehensive loss, net					(2,519)	(2,519)
Cash dividends declared on common stock				(8,794)		(8,794)
Shares issued for dividend reinvestment plan	$ 36		793			829
Shares issued for dividend reinvestment plan (in shares)	36,368
Shares issued from treasury and redeemed related to exercise of stock options		$ 105	(28)			77
Shares issued from treasury and redeemed related to exercise of stock options (in shares)		(5,414)
Restricted stock granted	$ 11	$ 1,308	(1,319)			0
Restricted stock granted (in shares)	10,989	(67,402)
Forfeiture of restricted stock		$ (102)	102			0
Forfeiture of restricted stock (in shares)		5,290
Stock-based compensation expense			625			625
Purchase of restricted stock for tax withholding		$ (157)				(157)
Purchase of restricted stock for tax withholding (in shares)		7,659
Treasury stock purchases		$ (1,531)				(1,531)
Treasury stock purchases (in shares)		61,696
Balance, end of period at Jun. 30, 2021	$ 16,030	$ (1,746)	143,817	136,756	9,276	304,133
Balance (in shares) at Jun. 30, 2021	16,030,172	72,660
Balance, beginning of period at Mar. 31, 2021	$ 16,013	$ (265)	143,173	134,176	6,959	300,056
Balance (in shares) at Mar. 31, 2021	16,013,279	13,465
Net income				7,060		7,060
Other comprehensive loss, net					2,317	2,317
Cash dividends declared on common stock				(4,480)		(4,480)
Shares issued for dividend reinvestment plan	$ 17		410			427
Shares issued for dividend reinvestment plan (in shares)	16,893
Restricted stock granted		$ 79	(79)			0
Restricted stock granted (in shares)		(4,000)
Forfeiture of restricted stock		$ (29)	29			0
Forfeiture of restricted stock (in shares)		1,499
Stock-based compensation expense			284			284
Treasury stock purchases		$ (1,531)				(1,531)
Treasury stock purchases (in shares)		61,696
Balance, end of period at Jun. 30, 2021	$ 16,030	$ (1,746)	143,817	136,756	9,276	304,133
Balance (in shares) at Jun. 30, 2021	16,030,172	72,660
Balance, beginning of period at Dec. 31, 2021	$ 16,030	$ (6,716)	144,453	142,612	5,026	301,405
Balance (in shares) at Dec. 31, 2021	16,030,172	271,082
Net income				14,384		14,384
Other comprehensive loss, net					(41,028)	(41,028)
Cash dividends declared on common stock				(8,809)		(8,809)
Shares issued for dividend reinvestment plan		$ 824	2			826
Shares issued for dividend reinvestment plan (in shares)		(33,202)
Shares issued from treasury and redeemed related to exercise of stock options		$ 175	(34)			141
Shares issued from treasury and redeemed related to exercise of stock options (in shares)		(7,024)
Restricted stock granted		$ 1,932	(1,932)			0
Restricted stock granted (in shares)		(78,243)
Forfeiture of restricted stock		$ (147)	147			0
Forfeiture of restricted stock (in shares)		7,144
Stock-based compensation expense			781			781
Purchase of restricted stock for tax withholding		$ (153)				(153)
Purchase of restricted stock for tax withholding (in shares)		6,054
Treasury stock purchases		$ (8,928)				(8,928)
Treasury stock purchases (in shares)		365,147
Balance, end of period at Jun. 30, 2022	$ 16,030	$ (13,013)	143,417	148,187	(36,002)	258,619
Balance (in shares) at Jun. 30, 2022	16,030,172	530,958
Balance, beginning of period at Mar. 31, 2022	$ 16,030	$ (7,708)	142,991	145,073	(20,178)	276,208
Balance (in shares) at Mar. 31, 2022	16,030,172	311,449
Net income				7,489		7,489
Other comprehensive loss, net					(15,824)	(15,824)
Cash dividends declared on common stock				(4,375)		(4,375)
Shares issued for dividend reinvestment plan		$ 419	(10)			409
Shares issued for dividend reinvestment plan (in shares)		(17,068)
Forfeiture of restricted stock		$ (23)	23			0
Forfeiture of restricted stock (in shares)		1,072
Stock-based compensation expense			413			413
Treasury stock purchases		$ (5,701)				(5,701)
Treasury stock purchases (in shares)		235,505
Balance, end of period at Jun. 30, 2022	$ 16,030	$ (13,013)	$ 143,417	$ 148,187	$ (36,002)	$ 258,619
Balance (in shares) at Jun. 30, 2022	16,030,172	530,958

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Retained Earnings
Common stock, dividends, per share (in dollars per share)	$ 0.28	$ 0.28	$ 0.56	$ 0.55

BASIS OF INTERIM PRESENTATION A

BASIS OF INTERIM PRESENTATION AND STATUS OF RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2022
BASIS OF INTERIM PRESENTATION AND STATUS OF RECENT ACCOUNTING PRONOUNCEMENTS
BASIS OF INTERIM PRESENTATION AND STATUS OF RECENT ACCOUNTING PRONOUNCEMENTS	1. BASIS OF INTERIM PRESENTATION AND STATUS OF RECENT ACCOUNTING PRONOUNCEMENTS The consolidated financial statements include the accounts of Citizens & Northern Corporation and its subsidiaries, Citizens & Northern Bank (“C&N Bank”), Bucktail Life Insurance Company and Citizens & Northern Investment Corporation (collectively, “Corporation”). The consolidated financial statements also include C&N Bank’s wholly-owned subsidiaries, C&N Financial Services, LLC and Northern Tier Holding LLC. C&N Bank is the sole member of C&N Financial Services, LLC and Northern Tier Holding LLC. All material intercompany balances and transactions have been eliminated in consolidation. The consolidated financial information included herein, except the consolidated balance sheet dated December 31, 2021, is unaudited. Such information reflects all adjustments (consisting solely of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the financial position, results of operations, comprehensive income, cash flows and changes in stockholders’ equity for the interim periods; however, the information does not include all disclosures required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) for a complete set of financial statements. Operating results reported for the six-month period ended June 30, 2022 might not be indicative of the results for the year ending December 31, 2022. The Corporation evaluates subsequent events through the date of filing with the Securities and Exchange Commission. RECENT ACCOUNTING PRONOUNCEMENTS The Financial Accounting Standards Board (FASB) issues Accounting Standards Updates (ASUs) to the FASB Accounting Standards Codification (ASC). This section provides a summary description of recent ASUs that have significant implications (elected or required) within the consolidated financial statements, or that management expects may have a significant impact on financial statements issued in the near future. Recent Accounting Pronouncements - Adopted ASU 2020-04, Reference Rate Reform (Topic 848) provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The amendments in ASU 2020-04 are elective and apply to all entities that have contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued. The guidance includes a general principle that permits an entity to consider contract modifications due to reference rate reform to be an event that does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. Some specific optional expedients are as follows: ● Simplifies accounting for contract modifications, including modifications to loans receivable and debt, by prospectively adjusting the effective interest rate. ● Simplifies the assessment of hedge effectiveness and allows hedging relationships affected by reference rate reform to continue. The Corporation has elected to apply the optional expedients prospectively for applicable loan and other contracts, and implementation of this election did not have a material effect on the Corporation’s financial position or results of operations. Recently Issued But Not Yet Effective Accounting Pronouncements ASU 2016-13, Financial Instruments-Credit Losses (Topic 326), as modified by subsequent ASUs, changes accounting for credit losses on loans receivable and debt securities from an incurred loss methodology to an expected credit loss methodology. Among other things, ASU 2016-13 requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Accordingly, ASU 2016-13 requires the use of forward-looking information to form credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, though the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, ASU 2016-13 amends the accounting for credit losses on debt securities and purchased financial assets with credit deterioration. The effect of implementing this ASU is recorded through a cumulative-effect adjustment to retained earnings. The Corporation has formed a cross functional management team and is working with an outside vendor assessing alternative loss estimation methodologies and the Corporation’s data and system needs to evaluate the impact that adoption of this standard will have on the Corporation’s financial condition and results of operations. In November 2019, the FASB approved a delay of the required implementation date of ASU 2016-13 for smaller reporting companies, including the Corporation, resulting in a required implementation date for the Corporation of January 1, 2023.

PER SHARE DATA

PER SHARE DATA	6 Months Ended
PER SHARE DATA	Jun. 30, 2022
PER SHARE DATA
PER SHARE DATA	2. PER SHARE DATA Basic earnings per common share are calculated using the two-class method to determine income attributable to common shareholders. Unvested restricted stock awards that contain nonforfeitable rights to dividends are considered participating securities under the two-class method. Distributed dividends and an allocation of undistributed net income to participating securities reduce the amount of income attributable to common shareholders. Income attributable to common shareholders is then divided by weighted-average common shares outstanding for the period to determine basic earnings per common share. Diluted earnings per common share are calculated under the more dilutive of either the treasury method or the two-class method. Diluted earnings per common share is computed using weighted-average common shares outstanding, plus weighted-average common shares available from the exercise of all dilutive stock options, less the number of shares that could be repurchased with the proceeds of stock option exercises based on the average share price of the Corporation’s common stock during the period. (In Thousands, Except Share and Per Share Data) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 Basic Net income $ 7,489 $ 7,060 $ 14,384 $ 15,847 Less: Dividends and undistributed earnings allocated to participating securities (70) (61) (130) (126) Net income attributable to common shares $ 7,419 $ 6,999 $ 14,254 $ 15,721 Basic weighted-average common shares outstanding 15,441,564 15,868,150 15,542,959 15,859,236 Basic earnings per common share (a) $ 0.48 $ 0.44 $ 0.92 $ 0.99 Diluted Net income attributable to common shares $ 7,419 $ 6,999 $ 14,254 $ 15,721 Basic weighted-average common shares outstanding 15,441,564 15,868,150 15,542,959 15,859,236 Dilutive effect of potential common stock arising from stock options 3,009 6,833 3,360 5,922 Diluted weighted-average common shares outstanding 15,444,573 15,874,983 15,546,319 15,865,158 Diluted earnings per common share (a) $ 0.48 $ 0.44 $ 0.92 $ 0.99 Weighted-average nonvested restricted shares outstanding 145,132 136,711 141,656 127,627 (a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the consolidated statements of income, less earnings allocated to non-vested restricted shares with nonforfeitable dividends (participating securities). Anti-dilutive stock options are excluded from earnings per share calculations. There were no anti-dilutive instruments in the three-month and six-month periods ended June 30, 2022 and 2021.

COMPREHENSIVE (LOSS) INCOME

COMPREHENSIVE (LOSS) INCOME	6 Months Ended
COMPREHENSIVE (LOSS) INCOME	Jun. 30, 2022
COMPREHENSIVE (LOSS) INCOME
COMPREHENSIVE (LOSS) INCOME	3. COMPREHENSIVE (LOSS) INCOME Comprehensive (loss) income is the total of (1) net income, and (2) all other changes in equity from non-stockholder sources, which are referred to as other comprehensive (loss) income. The components of other comprehensive (loss) income, and the related tax effects, are as follows: (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended June 30, 2022 Available-for-sale debt securities: Unrealized holding losses on available-for-sale debt securities $ (20,018) $ 4,202 $ (15,816) Reclassification adjustment for losses realized in income 1 0 1 Other comprehensive loss from available-for-sale debt securities (20,017) 4,202 (15,815) Unfunded pension and postretirement obligations, Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (11) 2 (9) Other comprehensive loss on unfunded retirement obligations (11) 2 (9) Total other comprehensive loss $ (20,028) $ 4,204 $ (15,824) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended June 30, 2021 Available-for-sale debt securities: Unrealized holding gains on available-for-sale debt securities $ 2,941 $ (619) $ 2,322 Reclassification adjustment for (gains) realized in income (2) 0 (2) Other comprehensive income from available-for-sale debt securities $ 2,939 $ (619) $ 2,320 Unfunded pension and postretirement obligations, Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (4) 1 (3) Other comprehensive loss on unfunded retirement obligations (4) 1 (3) Total other comprehensive income $ 2,935 $ (618) $ 2,317 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Six Months Ended June 30, 2022 Available-for-sale debt securities: Unrealized holding losses on available-for-sale debt securities $ (52,043) $ 10,928 $ (41,115) Reclassification adjustment for (gains) realized in income (1) 0 (1) Other comprehensive loss from available-for-sale debt securities (52,044) 10,928 (41,116) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses 133 (27) 106 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (22) 4 (18) Other comprehensive income on unfunded retirement obligations 111 (23) 88 Total other comprehensive loss $ (51,933) $ 10,905 $ (41,028) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Six Months Ended June 30, 2021 Available-for-sale debt securities: Unrealized holding losses on available-for-sale debt securities $ (3,173) $ 666 $ (2,507) Reclassification adjustment for (gains) realized in income (2) 0 (2) Other comprehensive loss from available-for-sale debt securities (3,175) 666 (2,509) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses (5) 1 (4) Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (8) 2 (6) Other comprehensive loss on unfunded retirement obligations (13) 3 (10) Total other comprehensive loss $ (3,188) $ 669 $ (2,519) The amounts shown in the table immediately above are included in the following line items in the consolidated statements of income: Affected Line Item in the Description Consolidated Statements of Income Reclassification adjustment for losses (gains) realized in income (before-tax) Realized (losses) gains on available-for-sale debt securities, net Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (before-tax) Other noninterest expense Income tax effect Income tax provision Changes in the components of accumulated other comprehensive (loss) income are as follows and are presented net of tax: (In Thousands) Unrealized Accumulated (Losses) Unfunded Other Gains Retirement Comprehensive on Securities Obligations (Loss) Income Three Months Ended June 30, 2022 Balance, beginning of period $ (20,492) $ 314 $ (20,178) Other comprehensive loss during three months ended June 30, 2022 (15,815) (9) (15,824) Balance, end of period $ (36,307) $ 305 $ (36,002) Three Months Ended June 30, 2021 Balance, beginning of period $ 6,847 $ 112 $ 6,959 Other comprehensive income (loss) during three months ended June 30, 2021 2,320 (3) 2,317 Balance, end of period $ 9,167 $ 109 $ 9,276 (In Thousands) Unrealized Accumulated (Losses) Unfunded Other Gains Retirement Comprehensive on Securities Obligations (Loss) Income Six Months Ended June 30, 2022 Balance, beginning of period $ 4,809 $ 217 $ 5,026 Other comprehensive (loss) income during six months ended June 30, 2022 (41,116) 88 (41,028) Balance, end of period $ (36,307) $ 305 $ (36,002) Six Months Ended June 30, 2021 Balance, beginning of period $ 11,676 $ 119 $ 11,795 Other comprehensive loss during six months ended June 30, 2021 (2,509) (10) (2,519) Balance, end of period $ 9,167 $ 109 $ 9,276

CASH AND DUE FROM BANKS

CASH AND DUE FROM BANKS	6 Months Ended
CASH AND DUE FROM BANKS	Jun. 30, 2022
CASH AND DUE FROM BANKS
CASH AND DUE FROM BANKS	4. CASH AND DUE FROM BANKS Cash and due from banks at June 30, 2022 and December 31, 2021 include the following: (In Thousands) June 30, December 31, 2022 2021 Cash and cash equivalents $ 60,337 $ 95,848 Certificates of deposit 8,850 9,100 Total cash and due from banks $ 69,187 $ 104,948 Certificates of deposit are issues by U.S. banks with original maturities greater than three months. Each certificate of deposit is fully FDIC-insured. The Corporation maintains cash and cash equivalents with certain financial institutions in excess of the FDIC insurance limit. Historically, C&N Bank has been required to maintain reserves against deposit liabilities in the form of cash and balances with the Federal Reserve Bank of Philadelphia. The reserves are based on deposit levels, account activity, and other services provided by the Federal Reserve Bank. In March 2020, the Federal Reserve Board reduced reserve requirements for U.S. banks to 0%. Accordingly, C&N Bank had no required reserves at June 30, 2022 or December 31, 2021.

SECURITIES

SECURITIES	6 Months Ended
SECURITIES	Jun. 30, 2022
SECURITIES
SECURITIES	5. SECURITIES Amortized cost and fair value of available-for-sale debt securities at June 30, 2022 and December 31, 2021 are summarized as follows: (In Thousands) June 30, 2022 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 38,151 $ 0 $ (2,377) $ 35,774 Obligations of U.S. Government agencies 24,454 0 (1,669) 22,785 Bank holding company debt securities 28,942 0 (1,527) 27,415 Obligations of states and political subdivisions: Tax-exempt 152,063 501 (13,164) 139,400 Taxable 72,204 19 (8,325) 63,898 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 114,367 1 (8,325) 106,043 Residential collateralized mortgage obligations 47,295 0 (2,534) 44,761 Commercial mortgage-backed securities 95,318 19 (8,576) 86,761 Total available-for-sale debt securities $ 572,794 $ 540 $ (46,497) $ 526,837 (In Thousands) December 31, 2021 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 25,058 $ 52 $ (198) $ 24,912 Obligations of U.S. Government agencies 23,936 563 (408) 24,091 Bank holding company debt securities 18,000 18 (31) 17,987 Obligations of states and political subdivisions: Tax-exempt 143,427 4,749 (148) 148,028 Taxable 72,182 1,232 (649) 72,765 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 98,048 705 (572) 98,181 Residential collateralized mortgage obligations 44,015 437 (205) 44,247 Commercial mortgage-backed securities 86,926 1,548 (1,006) 87,468 Total available-for-sale debt securities $ 511,592 $ 9,304 $ (3,217) $ 517,679 The following table presents gross unrealized losses and fair value of available-for-sale debt securities with unrealized loss positions that are not deemed to be other-than-temporarily impaired, aggregated by length of time that individual securities have been in a continuous unrealized loss position at June 30, 2022 and December 31, 2021: June 30, 2022 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of the U.S. Treasury $ 34,823 $ (2,329) $ 951 $ (48) $ 35,774 $ (2,377) Obligations of U.S. Government agencies 17,194 (1,162) 5,591 (507) 22,785 (1,669) Bank holding company debt securities 27,415 (1,527) 0 0 27,415 (1,527) Obligations of states and political subdivisions: Tax-exempt 111,623 (12,626) 3,219 (538) 114,842 (13,164) Taxable 52,067 (7,002) 5,184 (1,323) 57,251 (8,325) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 101,521 (7,908) 3,468 (417) 104,989 (8,325) Residential collateralized mortgage obligations 44,621 (2,534) 0 0 44,621 (2,534) Commercial mortgage-backed securities 67,194 (6,257) 12,176 (2,319) 79,370 (8,576) Total temporarily impaired available-for-sale debt securities $ 456,458 $ (41,345) $ 30,589 $ (5,152) $ 487,047 $ (46,497) December 31, 2021 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of the U.S. Treasury $ 18,886 $ (198) $ 0 $ 0 $ 18,886 $ (198) Obligations of U.S. Government agencies 9,735 (264) 4,856 (144) 14,591 (408) Bank holding company debt securities 12,969 (31) 0 0 12,969 (31) Obligations of states and political subdivisions: Tax-exempt 17,852 (141) 549 (7) 18,401 (148) Taxable 31,261 (517) 3,277 (132) 34,538 (649) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 71,451 (572) 0 0 71,451 (572) Residential collateralized mortgage obligations 15,117 (205) 0 0 15,117 (205) Commercial mortgage-backed securities 52,867 (1,006) 0 0 52,867 (1,006) Total temporarily impaired available-for-sale debt securities $ 230,138 $ (2,934) $ 8,682 $ (283) $ 238,820 $ (3,217) Gross realized gains and losses from available-for-sale debt securities were as follows: (In Thousands) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 Gross realized gains from sales $ 2 $ 4 $ 4 $ 4 Gross realized losses from sales (3) (2) (3) (2) Net realized (losses) gains $ (1) $ 2 $ 1 $ 2 The amortized cost and fair value of available-for-sale debt securities by contractual maturity are shown in the following table as of June 30, 2022. Actual maturities may differ from contractual maturities because counterparties may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) June 30, 2022 Amortized Fair Cost Value Due in one year or less $ 15,872 $ 15,795 Due from one year through five years 75,486 72,612 Due from five years through ten years 92,369 86,353 Due after ten years 132,087 114,512 Sub-total 315,814 289,272 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 114,367 106,043 Residential collateralized mortgage obligations 47,295 44,761 Commercial mortgage-backed securities 95,318 86,761 Total $ 572,794 $ 526,837 The Corporation’s mortgage-backed securities and collateralized mortgage obligations have stated maturities that may differ from actual maturities due to borrowers’ ability to prepay obligations. Cash flows from such investments are dependent upon the performance of the underlying mortgage loans and are generally influenced by the level of interest rates. In the table above, mortgage-backed securities and collateralized mortgage obligations are shown in one period. Investment securities carried at $243,298,000 at June 30, 2022 and $241,428,000 at December 31, 2021 were pledged as collateral for public deposits, trusts and certain other deposits as provided by law. See Note 8 for information concerning securities pledged to secure borrowing arrangements and Note 11 for information related to securities pledged against interest rate swap obligations. Management evaluates securities for other-than-temporary impairment (“OTTI”) at least on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) whether the Corporation intends to sell the security or more likely than not will be required to sell the security before its anticipated recovery. A summary of information management considered in evaluating debt and equity securities for OTTI at June 30, 2022 is provided below. Debt Securities At June 30, 2022 and December 31, 2021, management performed an assessment for possible OTTI of the Corporation’s debt securities on an issue-by-issue basis, relying on information obtained from various sources, including publicly available financial data, ratings by external agencies, brokers and other sources. The extent of individual analysis applied to each security depended on the size of the Corporation’s investment, as well as management’s perception of the credit risk associated with each security. As reflected in the table above, the fair value of available-for-sale debt securities as of June 30, 2022 was lower than the amortized cost basis by $45,957,000, or 8.0%. In comparison, the aggregate unrealized gain position was $6,087,000 (1.2%) at December 31, 2021. The unrealized decrease in fair value of the portfolio in the first half of 2022 was consistent with the significant increase in market interest rates that occurred during the period. Based on the results of the assessment, management believes there were no credit-related declines in fair value and that impairment of debt securities at June 30, 2022 and December 31, 2021 is temporary. Equity Securities C&N Bank is a member of the Federal Home Loan Bank of Pittsburgh (FHLB-Pittsburgh), which is one of 11 regional Federal Home Loan Banks. As a member, C&N Bank is required to purchase and maintain stock in FHLB-Pittsburgh. There is no active market for FHLB-Pittsburgh stock, and it must ordinarily be redeemed by FHLB-Pittsburgh in order to be liquidated. C&N Bank’s investment in FHLB-Pittsburgh stock, included in other assets in the consolidated balance sheets, was $13,443,000 at June 30, 2022 and $9,313,000 at December 31, 2021. The Corporation evaluated its holding of FHLB-Pittsburgh stock for impairment and deemed the stock to not be impaired at June 30, 2022 and December 31, 2021. In making this determination, management concluded that recovery of total outstanding par value, which equals the carrying value, is expected. The decision was based on review of financial information that FHLB-Pittsburgh has made publicly available. The Corporation has a marketable equity security included in other assets in the consolidated balance sheets with a carrying value of $895,000 at June 30, 2022 and $971,000 at December 31, 2021, consisting exclusively of one mutual fund. There was an unrealized loss on the mutual fund of $105,000 at June 30, 2022 and $29,000 at December 31, 2021. Changes in the unrealized gains or losses on this security are included in other noninterest income in the consolidated statements of income.

LOANS

LOANS	6 Months Ended
LOANS	Jun. 30, 2022
LOANS
LOANS	6. LOANS The loans receivable portfolio is segmented into commercial, residential mortgage and consumer loans. Loans outstanding at June 30, 2022 and December 31, 2021 are summarized by segment, and by classes within each segment, as follows: Summary of Loans by Type (In Thousands) June 30, December 31, 2022 2021 Commercial: Commercial loans secured by real estate $ 656,892 $ 569,840 Commercial and industrial 171,999 159,073 Paycheck Protection Program - 1st Draw 44 1,356 Paycheck Protection Program - 2nd Draw 6,208 25,508 Political subdivisions 87,512 81,301 Commercial construction and land 58,786 60,579 Loans secured by farmland 12,967 11,121 Multi-family (5 or more) residential 53,753 50,089 Agricultural loans 2,628 2,351 Other commercial loans 15,767 17,153 Total commercial 1,066,556 978,371 Residential mortgage: Residential mortgage loans - first liens 482,505 483,629 Residential mortgage loans - junior liens 23,036 23,314 Home equity lines of credit 40,887 39,252 1-4 Family residential construction 26,071 23,151 Total residential mortgage 572,499 569,346 Consumer 18,549 17,132 Total 1,657,604 1,564,849 Less: allowance for loan losses (14,547) (13,537) Loans, net $ 1,643,057 $ 1,551,312 In the table above, outstanding loan balances are presented net of deferred loan origination fees, net, of $4,031,000 at June 30, 2022 and $4,247,000 at December 31, 2021. The Corporation grants loans to individuals as well as commercial and tax-exempt entities. Commercial, residential and personal loans are made to customers geographically concentrated in Northcentral Pennsylvania, the Southern tier of New York State, Southeastern Pennsylvania and Southcentral Pennsylvania. Although the Corporation has a diversified loan portfolio, a significant portion of its debtors’ ability to honor their contracts is dependent on the local economic conditions within the region. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was signed into law. A provision in the CARES Act includes creation of the Paycheck Protection Program (“PPP”) through the Small Business Administration (“SBA”) and Treasury Department. Under the PPP, the Corporation, as an SBA-certified lender, provided SBA-guaranteed loans to small businesses to pay their employees, rent, mortgage interest, and utilities. PPP loans are forgiven subject to clients’ providing documentation evidencing their compliant use of funds and otherwise complying with the terms of the program. Information related to PPP loans advanced pursuant to the CARES Act are labeled “1st Draw” within the tables. On December 27, 2020, the President of the United States signed into law the Consolidated Appropriations Act, 2021 (the “CAA”), which includes provisions that broadly address additional COVID-19 responses and relief. Among the additional relief measures included are certain extensions to elements of the CARES Act, including extension of relief from troubled debt restructurings reporting established under Section 4013 of the CARES Act to 60 days after the date on which the national COVID-19 emergency terminates. The CAA also includes additional funding for the PPP with additional eligibility requirements for borrowers with generally the same loan terms as provided under the CARES Act. Information related to PPP loans advanced pursuant to the CAA are labeled “2nd Draw” within the tables. The maximum term of PPP loans is five years. Most of the Corporation’s 1st Draw PPP loans have two-year terms, while 2nd Draw PPP loans have five-year terms and the Corporation will be repaid sooner to the extent the loans are forgiven. The interest rate on PPP loans is 1%, and the Corporation has received fees from the SBA ranging between 1% and 5% per loan, depending on the size of the loan. Fees on PPP loans, net of origination costs and a market rate adjustment on acquired PPP loans, are recognized in interest income as a yield adjustment over the term of the loans. As of June 30, 2022, the recorded investment in 1st Draw PPP loans was $44,000, including contractual principal balances of $49,000, reduced by net deferred origination fees of $5,000. The recorded investment in 2nd Draw PPP loans was $6,208,000, including contractual principal balances of $6,392,000 reduced by net deferred origination fees of $184,000. Interest and fees on PPP loans which are included in taxable interest and fees on loans in the unaudited consolidated statements of income totaled $206,000 in the second quarter 2022 and $1,249,000 in the second quarter 2021, and $781,000 in the six-month period ended June 30, 2022 and $3,247,000 in the six-month period ended June 30, 2021. Acquired loans were initially recorded at fair value, with adjustments made to gross amortized cost based on movements in interest rates (market rate adjustment) and based on credit fair value adjustments on non-impaired loans and impaired loans. Subsequently, the Corporation has recognized amortization and accretion of a portion of the market rate adjustments and credit adjustments on non-impaired (performing) loans, and a partial recovery of purchased credit impaired (PCI) loans. For the three-month and six-month periods ended June 30, 2022 and 2021, adjustments to the initial market rate and credit fair value adjustments of performing loans were recognized as follows: (In Thousands) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 Market Rate Adjustment Adjustments to gross amortized cost of loans at beginning of period $ (885) $ 352 $ (637) $ 718 Accretion (amortization) recognized in interest income 19 (357) (229) (723) Adjustments to gross amortized cost of loans at end of period $ (866) $ (5) $ (866) $ (5) Credit Adjustment on Non-impaired Loans Adjustments to gross amortized cost of loans at beginning of period $ (2,782) $ (5,182) $ (3,335) $ (5,979) Accretion recognized in interest income 379 680 932 1,477 Adjustments to gross amortized cost of loans at end of period $ (2,403) $ (4,502) $ (2,403) $ (4,502) A summary of PCI loans held at June 30, 2022 and December 31, 2021 is as follows: (In Thousands) June 30, December 31, 2022 2021 Outstanding balance $ 5,766 $ 9,802 Carrying amount 3,879 6,558 In the second quarter 2022, the Corporation received repayments on PCI loans in excess of previous carrying amounts, resulting in income of $14,000 as compared to $18,000 in the second quarter 2021. In the six-month period ended June 30, 2022, the Corporation received repayments on PCI loans in excess of previous carrying amounts, resulting in income of $1,412,000 as compared to $18,000 in the six-month period ended June 30, 2021. These amounts are included in interest and fees on taxable loans in the unaudited consolidated statements of income. The Corporation maintains an allowance for loan losses that represents management’s estimate of the losses inherent in the loan portfolio as of the balance sheet date and recorded as a reduction of the investment in loans. The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Corporation’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant revision as more information becomes available. In the process of evaluating the loan portfolio, management also considers the Corporation’s exposure to losses from unfunded loan commitments. As of June 30, 2022 and December 31, 2021, management determined that no allowance for credit losses related to unfunded loan commitments was required. Transactions within the allowance for loan losses, summarized by segment and class, for the three-month and six-month periods ended June 30, 2022 and 2021 were as follows: Three Months Ended June 30, 2022 March 31, 2022 June 30, 2022 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 5,017 $ 0 $ 0 $ (35) $ 4,982 Commercial and industrial 2,841 0 0 (49) 2,792 Commercial construction and land 391 0 0 124 515 Loans secured by farmland 129 0 0 (17) 112 Multi-family (5 or more) residential 367 0 0 (28) 339 Agricultural loans 27 0 0 (4) 23 Other commercial loans 150 0 0 (19) 131 Total commercial 8,922 0 0 (28) 8,894 Residential mortgage: Residential mortgage loans - first liens 3,810 0 1 (122) 3,689 Residential mortgage loans - junior liens 181 0 0 (1) 180 Home equity lines of credit 306 0 0 2 308 1-4 Family residential construction 148 0 0 67 215 Total residential mortgage 4,445 0 1 (54) 4,392 Consumer 237 (41) 8 57 261 Unallocated 667 0 0 333 1,000 Total Allowance for Loan Losses $ 14,271 $ (41) $ 9 $ 308 $ 14,547 Three Months Ended June 30, 2021 March 31, 2021 June 30, 2021 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,350 $ 0 $ 2 $ 100 $ 3,452 Commercial and industrial 2,187 0 0 594 2,781 Commercial construction and land 476 0 0 (24) 452 Loans secured by farmland 111 0 0 2 113 Multi-family (5 or more) residential 255 0 0 (105) 150 Agricultural loans 26 0 0 (1) 25 Other commercial loans 159 0 0 (14) 145 Total commercial 6,564 0 2 552 7,118 Residential mortgage: Residential mortgage loans - first liens 3,507 (11) 1 39 3,536 Residential mortgage loans - junior liens 334 0 0 (7) 327 Home equity lines of credit 281 0 1 12 294 1-4 Family residential construction 78 0 0 120 198 Total residential mortgage 4,200 (11) 2 164 4,355 Consumer 220 (36) 13 34 231 Unallocated 677 0 0 (6) 671 Total Allowance for Loan Losses $ 11,661 $ (47) $ 17 $ 744 $ 12,375 For the three months ended June 30, 2022, the provision for loan losses was $308,000, a decrease in expense of $436,000 as compared to $744,000 for the three months ended June 30, 2021. The second quarter 2022 provision included a net recovery of $271,000 related to specific loans (net decrease in specific allowances on loans of $303,000 offset by net charge-offs of $32,000), an increase of $246,000 in the collectively determined portion of the allowance and an increase of $333,000 in the unallocated portion of the allowance. The second quarter 2021 provision included a net charge of $383,000 related to specific loans (net increase in specific allowances on loans of $353,000 and net charge-offs of $30,000), an increase of $367,000 in the collectively determined portion of the allowance and a $6,000 decrease in the unallocated portion. December 31, June 30, Six Months Ended June 30, 2022 2021 Provision 2022 (In Thousands) Balance Charge-offs Recoveries (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 4,405 $ 0 $ 0 $ 577 $ 4,982 Commercial and industrial 2,723 (150) 0 219 2,792 Commercial construction and land 637 0 0 (122) 515 Loans secured by farmland 115 0 0 (3) 112 Multi-family (5 or more) residential 215 0 0 124 339 Agricultural loans 25 0 0 (2) 23 Other commercial loans 173 0 0 (42) 131 Total commercial 8,293 (150) 0 751 8,894 Residential mortgage: Residential mortgage loans - first liens 3,650 0 2 37 3,689 Residential mortgage loans - junior liens 184 0 0 (4) 180 Home equity lines of credit 302 0 15 (9) 308 1-4 Family residential construction 202 0 0 13 215 Total residential mortgage 4,338 0 17 37 4,392 Consumer 235 (71) 15 82 261 Unallocated 671 0 0 329 1,000 Total Allowance for Loan Losses $ 13,537 $ (221) $ 32 $ 1,199 $ 14,547 December 31, June 30, Six Months Ended June 30, 2021 2020 Provision 2021 (In Thousands) Balance Charge-offs Recoveries (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,051 $ 0 $ 2 $ 399 $ 3,452 Commercial and industrial 2,245 0 14 522 2,781 Commercial construction and land 454 0 0 (2) 452 Loans secured by farmland 120 0 0 (7) 113 Multi-family (5 or more) residential 236 0 0 (86) 150 Agricultural loans 34 0 0 (9) 25 Other commercial loans 168 0 0 (23) 145 Total commercial 6,308 0 16 794 7,118 Residential mortgage: Residential mortgage loans - first liens 3,524 (11) 2 21 3,536 Residential mortgage loans - junior liens 349 0 0 (22) 327 Home equity lines of credit 281 0 2 11 294 1-4 Family residential construction 99 0 0 99 198 Total residential mortgage 4,253 (11) 4 109 4,355 Consumer 239 (47) 25 14 231 Unallocated 585 0 0 86 671 Total Allowance for Loan Losses $ 11,385 $ (58) $ 45 $ 1,003 $ 12,375 For the six months ended June 30, 2022, the provision for loan losses was $1,199,000, an increase in expense of $196,000 as compared to $1,003,000 recorded for the first six months ended June 30, 2021. The provision for the six months ended June 30, 2022 includes a net recovery of $124,000 related to specific loans (net decrease in specific allowances on loans of $313,000 offset by net charge-offs of $189,000), an increase of $994,000 in the collectively determined portion of the allowance and a $329,000 increase in the unallocated portion. In comparison, the provision for loan losses for the six months ended June 30, 2021, includes a net charge of $565,000 related to specific loans (increase in specific allowances on loans of $552,000 and net charge-offs of $13,000), an increase of $352,000 in the collectively determined portion of the allowance and an $86,000 increase in the unallocated portion. In determining the larger loan relationships for detailed assessment under the specific allowance component, the Corporation uses an internal risk rating system. Under the risk rating system, the Corporation classifies problem or potential problem loans as “Special Mention,” “Substandard,” or “Doubtful” on the basis of currently existing facts, conditions and values. Substandard loans include those characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected. Loans classified as Doubtful have all the weaknesses inherent in those classified as Substandard with the added characteristic that the weaknesses present make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Loans that do not currently expose the Corporation to sufficient risk to warrant classification as Substandard or Doubtful, but possess weaknesses that deserve management’s close attention, are deemed to be Special Mention. Risk ratings are updated any time that conditions or the situation warrants. Loans not classified are included in the “Pass” column in the table that follows. The following tables summarize the aggregate credit quality classification of outstanding loans by risk rating as of June 30, 2022 and December 31, 2021: June 30, 2022 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 631,192 $ 7,558 $ 14,367 $ 0 $ 3,775 $ 656,892 Commercial and Industrial 159,902 8,370 3,691 0 36 171,999 Paycheck Protection Program - 1st Draw 44 0 0 0 0 44 Paycheck Protection Program - 2nd Draw 6,208 0 0 0 0 6,208 Political subdivisions 87,512 0 0 0 0 87,512 Commercial construction and land 58,025 714 47 0 0 58,786 Loans secured by farmland 10,999 628 1,340 0 0 12,967 Multi-family (5 or more) residential 52,891 0 862 0 0 53,753 Agricultural loans 2,009 25 594 0 0 2,628 Other commercial loans 15,767 0 0 0 0 15,767 Total commercial 1,024,549 17,295 20,901 0 3,811 1,066,556 Residential Mortgage: Residential mortgage loans - first liens 468,054 7,518 6,865 0 68 482,505 Residential mortgage loans - junior liens 22,554 167 315 0 0 23,036 Home equity lines of credit 40,214 58 615 0 0 40,887 1-4 Family residential construction 26,071 0 0 0 0 26,071 Total residential mortgage 556,893 7,743 7,795 0 68 572,499 Consumer 18,485 0 64 0 0 18,549 Totals $ 1,599,927 $ 25,038 $ 28,760 $ 0 $ 3,879 $ 1,657,604 December 31, 2021 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 538,966 $ 10,510 $ 16,220 $ 0 $ 4,144 $ 569,840 Commercial and Industrial 142,775 10,841 4,694 0 763 159,073 Paycheck Protection Program - 1st Draw 1,356 0 0 0 0 1,356 Paycheck Protection Program - 2nd Draw 25,508 0 0 0 0 25,508 Political subdivisions 81,301 0 0 0 0 81,301 Commercial construction and land 59,816 715 48 0 0 60,579 Loans secured by farmland 10,011 186 924 0 0 11,121 Multi-family (5 or more) residential 47,638 0 873 0 1,578 50,089 Agricultural loans 1,802 0 549 0 0 2,351 Other commercial loans 17,150 3 0 0 0 17,153 Total commercial 926,323 22,255 23,308 0 6,485 978,371 Residential Mortgage: Residential mortgage loans - first liens 469,044 7,981 6,534 0 70 483,629 Residential mortgage loans - junior liens 22,914 114 283 0 3 23,314 Home equity lines of credit 38,652 59 541 0 0 39,252 1-4 Family residential construction 23,151 0 0 0 0 23,151 Total residential mortgage 553,761 8,154 7,358 0 73 569,346 Consumer 17,092 0 40 0 0 17,132 Totals $ 1,497,176 $ 30,409 $ 30,706 $ 0 $ 6,558 $ 1,564,849 The following tables present a summary of loan balances and the related allowance for loan losses summarized by portfolio segment and class for each impairment method used as of June 30, 2022 and December 31, 2021. June 30, 2022 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Commercial: Commercial loans secured by real estate $ 7,340 $ 649,552 $ 656,892 $ 427 $ 4,555 $ 4,982 Commercial and industrial 374 171,625 171,999 0 2,792 2,792 Paycheck Protection Program - 1st Draw 0 44 44 0 0 0 Paycheck Protection Program - 2nd Draw 0 6,208 6,208 0 0 0 Political subdivisions 0 87,512 87,512 0 0 0 Commercial construction and land 47 58,739 58,786 0 515 515 Loans secured by farmland 79 12,888 12,967 0 112 112 Multi-family (5 or more) residential 0 53,753 53,753 0 339 339 Agricultural loans 60 2,568 2,628 0 23 23 Other commercial loans 0 15,767 15,767 0 131 131 Total commercial 7,900 1,058,656 1,066,556 427 8,467 8,894 Residential mortgage: Residential mortgage loans - first liens 648 481,857 482,505 0 3,689 3,689 Residential mortgage loans - junior liens 30 23,006 23,036 0 180 180 Home equity lines of credit 69 40,818 40,887 0 308 308 1-4 Family residential construction 0 26,071 26,071 0 215 215 Total residential mortgage 747 571,752 572,499 0 4,392 4,392 Consumer 0 18,549 18,549 0 261 261 Unallocated 1,000 Total $ 8,647 $ 1,648,957 $ 1,657,604 $ 427 $ 13,120 $ 14,547 December 31, 2021 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Commercial: Commercial loans secured by real estate $ 10,926 $ 558,914 $ 569,840 $ 669 $ 3,736 $ 4,405 Commercial and industrial 2,503 156,570 159,073 71 2,652 2,723 Paycheck Protection Program - 1st Draw 0 1,356 1,356 0 0 0 Paycheck Protection Program - 2nd Draw 0 25,508 25,508 0 0 0 Political subdivisions 0 81,301 81,301 0 0 0 Commercial construction and land 0 60,579 60,579 0 637 637 Loans secured by farmland 83 11,038 11,121 0 115 115 Multi-family (5 or more) residential 1,578 48,511 50,089 0 215 215 Agricultural loans 0 2,351 2,351 0 25 25 Other commercial loans 0 17,153 17,153 0 173 173 Total commercial 15,090 963,281 978,371 740 7,553 8,293 Residential mortgage: Residential mortgage loans - first liens 630 482,999 483,629 0 3,650 3,650 Residential mortgage loans - junior liens 14 23,300 23,314 0 184 184 Home equity lines of credit 0 39,252 39,252 0 302 302 1-4 Family residential construction 0 23,151 23,151 0 202 202 Total residential mortgage 644 568,702 569,346 0 4,338 4,338 Consumer 0 17,132 17,132 0 235 235 Unallocated 671 Total $ 15,734 $ 1,549,115 $ 1,564,849 $ 740 $ 12,126 $ 13,537 Summary information related to impaired loans at June 30, 2022 and December 31, 2021 is provided in the table immediately below. (In Thousands) June 30, 2022 December 31, 2021 Unpaid Unpaid Principal Recorded Related Principal Recorded Related Balance Investment Allowance Balance Investment Allowance With no related allowance recorded: Commercial loans secured by real estate $ 5,807 $ 3,948 $ 0 $ 6,600 $ 4,458 $ 0 Commercial and industrial 2,145 374 0 5,213 2,431 0 Residential mortgage loans - first liens 762 648 0 656 630 0 Residential mortgage loans - junior liens 75 30 0 124 14 0 Home equity lines of credit 69 69 0 0 0 0 Loans secured by farmland 79 79 0 83 83 0 Agricultural loans 60 60 0 0 0 0 Construction and other land loans 47 47 0 0 0 0 Multi-family (5 or more) residential 0 0 0 2,734 1,578 0 Total with no related allowance recorded 9,044 5,255 0 15,410 9,194 0 With a related allowance recorded: Commercial loans secured by real estate 3,392 3,392 427 6,468 6,468 668 Commercial and industrial 0 0 0 72 72 72 Total with a related allowance recorded 3,392 3,392 427 6,540 6,540 740 Total $ 12,436 $ 8,647 $ 427 $ 21,950 $ 15,734 $ 740 The average balance of impaired loans and interest income recognized on these impaired loans is as follows: (In Thousands) Interest Income Recognized on Average Investment in Impaired Loans Impaired Loans on a Cash Basis Three Months Ended Six Months Ended Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 2022 2021 2022 2021 Commercial: Commercial loans secured by real estate $ 8,967 $ 12,022 $ 9,851 $ 12,137 $ 165 $ 85 $ 340 $ 229 Commercial and industrial 519 2,754 1,073 1,927 6 9 203 21 Commercial construction and land 47 0 47 0 0 0 1 0 Loans secured by farmland 80 84 81 84 0 0 0 1 Multi-family (5 or more) residential 0 1,578 395 1,587 0 30 1,156 91 Agricultural loans 60 67 61 68 0 1 2 3 Total commercial 9,673 16,505 11,508 15,803 171 125 1,702 345 Residential mortgage: Residential mortgage loans - first lien 585 1,717 575 2,084 5 20 12 57 Residential mortgage loans - junior lien 33 430 35 433 3 4 6 9 Home equity lines of credit 34 0 17 0 1 0 2 0 Total residential mortgage 652 2,147 627 2,517 9 24 20 66 Total $ 10,325 $ 18,652 $ 12,135 $ 18,320 $ 180 $ 149 $ 1,722 $ 411 The breakdown by portfolio segment and class of nonaccrual loans and loans past due ninety days or more and still accruing is as follows: (In Thousands) June 30, 2022 December 31, 2021 Past Due Past Due 90+ Days and 90+ Days and Accruing Nonaccrual Accruing Nonaccrual Commercial: Commercial loans secured by real estate $ 1,215 $ 7,350 $ 738 $ 10,885 Commercial and industrial 62 306 30 2,299 Commercial construction and land 0 47 0 48 Loans secured by farmland 0 79 28 83 Multi-family (5 or more) residential 0 0 0 1,578 Agricultural loans 60 0 65 0 Total commercial 1,337 7,782 861 14,893 Residential mortgage: Residential mortgage loans - first liens 1,153 3,687 1,144 4,005 Residential mortgage loans - junior liens 64 0 69 3 Home equity lines of credit 113 125 102 82 Total residential mortgage 1,330 3,812 1,315 4,090 Consumer 27 48 43 16 Totals $ 2,694 $ 11,642 $ 2,219 $ 18,999 The amounts shown in the table immediately above include loans classified as troubled debt restructurings (described in more detail below), if such loans are past due ninety days or more or nonaccrual. PCI loans with a total recorded investment of $3,879,000 at June 30, 2022 and $6,558,000 at December 31, 2021 are classified as nonaccrual. The table below presents a summary of the contractual aging of loans as of June 30, 2022 and December 31, 2021. Loans modified under the Corporation’s program designed to work with clients impacted by COVID-19 are included in the current and past due less than 30 days category in the table that follows. (In Thousands) As of June 30, 2022 As of December 31, 2021 Current & Current & Past Due Past Due Past Due Past Due Past Due Past Due Less than 30-89 90+ Less than 30-89 90+ 30 Days Days Days Total 30 Days Days Days Total Commercial: Commercial loans secured by real estate $ 652,741 $ 1,984 $ 2,167 $ 656,892 $ 563,658 $ 762 $ 5,420 $ 569,840 Commercial and industrial 171,492 381 126 171,999 158,188 72 813 159,073 Paycheck Protection Program - 1st Draw 44 0 0 44 1,339 17 0 1,356 Paycheck Protection Program - 2nd Draw 6,208 0 0 6,208 25,508 0 0 25,508 Political subdivisions 87,512 0 0 87,512 81,301 0 0 81,301 Commercial construction and land 58,542 197 47 58,786 60,509 70 0 60,579 Loans secured by farmland 12,629 259 79 12,967 11,010 0 111 11,121 Multi-family (5 or more) residential 53,753 0 0 53,753 48,532 0 1,557 50,089 Agricultural loans 2,568 0 60 2,628 2,279 7 65 2,351 Other commercial loans 15,767 0 0 15,767 17,153 0 0 17,153 Total commercial 1,061,256 2,821 2,479 1,066,556 969,477 928 7,966 978,371 Residential mortgage: Residential mortgage loans - first liens 476,500 3,009 2,996 482,505 475,637 5,038 2,954 483,629 Residential mortgage loans - junior liens 22,939 33 64 23,036 23,229 16 69 23,314 Home equity lines of credit 40,198 489 200 40,887 38,830 279 143 39,252 1-4 Family residential construction 26,071 0 0 26,071 23,151 0 0 23,151 Total residential mortgage 565,708 3,531 3,260 572,499 560,847 5,333 3,166 569,346 Consumer 18,422 52 75 18,549 17,001 72 59 17,132 Totals $ 1,645,386 $ 6,404 $ 5,814 $ 1,657,604 $ 1,547,325 $ 6,333 $ 11,191 $ 1,564,849 Nonaccrual loans are included in the contractual aging in the immediately preceding table. A summary of the contractual aging of nonaccrual loans at June 30, 2022 and December 31, 2021 is as follows: (In Thousands) Current & Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Total June 30, 2022 Nonaccrual Totals $ 7,200 $ 1,322 $ 3,120 $ 11,642 December 31, 2021 Nonaccrual Totals $ 8,800 $ 1,227 $ 8,972 $ 18,999 Loans whose terms are modified are classified as troubled debt restructurings (TDRs) if the Corporation grants such borrowers concessions, and it is deemed that those borrowers are experiencing financial difficulty. Loans classified as TDRs are designated as impaired. The outstanding balance of loans subject to TDRs, as well as contractual aging information at June 30, 2022 and December 31, 2021 is as follows: (In Thousands) Current & Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Nonaccrual Total June 30, 2022 Totals $ 192 $ 47 $ 94 $ 3,871 $ 4,204 December 31, 2021 Totals $ 248 $ 40 $ 65 $ 5,452 $ 5,805 At June 30, 2022 and December 31, 2021, there were no commitments to loan additional funds to borrowers whose loans have been classified as TDRs. TDRs that occurred during the three-month and six-month periods ended June 30, 2022 and 2021 are as follows: (Balances in Thousands) Three Months Ended Three Months Ended June 30, 2022 June 30, 2021 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens, Reduced monthly payments for a fifteen-month period 0 $ 0 1 $ 116 Total 0 $ 0 1 $ 116 Six Months Ended Six Months Ended (Balances in Thousands) June 30, 2022 June 30, 2021 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens: Reduced monthly payments and extended maturity date 0 $ 0 1 $ 12 Reduced monthly payments for a fifteen

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS	Jun. 30, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS
GOODWILL AND OTHER INTANGIBLE ASSETS, NET	7. GOODWILL AND OTHER INTANGIBLE ASSETS Information related to core deposit intangibles is as follows: (In Thousands) June 30, December 31, 2022 2021 Gross amount $ 6,639 $ 6,639 Accumulated amortization (3,542) (3,323) Net $ 3,097 $ 3,316 Amortization expense related to core deposit intangibles is included in other noninterest expense in the consolidated statements of income, as follows: (In Thousands) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 Amortization expense $ 109 $ 134 $ 219 $ 268 Goodwill represents the excess of the cost of acquisitions over the fair value of the net assets acquired. At June 30, 2022 and December 31, 2021, the net carrying value of goodwill was $52,505,000.

BORROWED FUNDS

BORROWED FUNDS	6 Months Ended
BORROWED FUNDS	Jun. 30, 2022
BORROWED FUNDS
BORROWED FUNDS	8. BORROWED FUNDS SHORT-TERM BORROWINGS Short-term borrowings (initial maturity within one year) include the following: (In Thousands) June 30, December 31, 2022 2021 FHLB-Pittsburgh borrowings $ 88,500 $ 0 Customer repurchase agreements 1,542 1,803 Total short-term borrowings $ 90,042 $ 1,803 The Corporation had available credit with other correspondent banks totaling $95,000,000 at June 30, 2022 and $45,000,000 at December 31, 2021. These lines of credit are primarily unsecured. No amounts were outstanding at June 30, 2022 or December 31, 2021. The Corporation has a line of credit with the Federal Reserve Bank of Philadelphia’s Discount Window. At June 30, 2022, the Corporation had available credit in the amount of $17,491,000 on this line with no outstanding advances. At December 31, 2021, the Corporation had available credit in the amount of $13,642,000 on this line with no outstanding advances. As collateral for this line, the Corporation has pledged available-for-sale securities with a carrying value of $18,267,000 at June 30, 2022 and $14,034,000 at December 31, 2021. The Corporation engages in repurchase agreements with certain commercial customers. These agreements provide that the Corporation sells specified investment securities to the customers on an overnight basis and repurchases them on the following business day. The weighted average rate paid by the Corporation on customer repurchase agreements was 0.10% at June 30, 2022 and December 31, 2021. The carrying value of the underlying securities was $1,560,000 at June 30, 2022 and $1,820,000 at December 31, 2021. The FHLB-Pittsburgh loan facility is collateralized by qualifying loans secured by real estate with a book value totaling $1,158,305,000 at June 30, 2022 and $1,046,242,000 at December 31, 2021. Also, the FHLB-Pittsburgh loan facility requires the Corporation to invest in established amounts of FHLB-Pittsburgh stock. The carrying values of the Corporation’s holdings of FHLB-Pittsburgh stock (included in other assets in the consolidated balance sheets) were $13,443,000 at June 30, 2022 and $9,313,000 at December 31, 2021. The Corporation’s total credit facility with FHLB-Pittsburgh was $779,941,000 at June 30, 2022, including an unused (available) amount of $648,294,000. At December 31, 2021, the Corporation’s total credit facility with FHLB-Pittsburgh was $756,868,000, including an unused (available) amount of $723,557,000. At June 30, 2022 there was an overnight borrowing from FHLB-Pittsburgh of $88,500,000 with a rate of 1.75% and no short-term advances. At December 31, 2021, there were no overnight borrowings or short-term advances from FHLB-Pittsburgh. LONG-TERM BORROWINGS – FHLB ADVANCES Long-term borrowings from FHLB-Pittsburgh are as follows: (In Thousands) June 30, December 31, 2022 2021 Loans maturing in 2022 with a weighted-average rate of 0.61% $ 4,031 $ 15,452 Loans maturing in 2023 with a weighted-average rate of 1.35% 9,356 7,119 Loans maturing in 2024 with a weighted-average rate of 2.76% 23,081 5,099 Loan maturing in 2025 with a rate of 4.91% 323 372 Total long-term FHLB-Pittsburgh borrowings $ 36,791 $ 28,042 Note: Weighted-average rates are presented as of June 30, 2022. SENIOR NOTES On May 19, 2021, the Corporation issued and sold $15.0 million in aggregate principal amount of 2.75% Fixed Rate Senior Unsecured Notes due 2026 (the "Senior Notes"). The Senior Notes mature on June 1, 2026 and bear interest at a fixed annual rate of 2.75%. The Corporation is not entitled to redeem the Senior Notes, in whole or in part, at any time prior to maturity and the Senior Notes are not subject to redemption by the holders. The Senior Notes are unsecured and unsubordinated obligations of the Corporation only and are not obligations of, and are not guaranteed by, any subsidiary of the Corporation. The Senior Notes were recorded, net of debt issuance costs of $337,000, at an initial carrying amount of $14,663,000. Debt issuance costs are amortized over the term of the Senior Notes as an adjustment of the effective interest rate. Amortization of debt issuance costs associated with the Senior Notes totaling $16,000 in the second quarter 2022 and $32,000 in the six-month period ended June 30, 2022, and $7,000 in the three-month and six-month periods ended June 30, 2021, was included in interest expense in the unaudited consolidated statements of income. At June 30, 2022 and December 31, 2021, outstanding Senior Notes are as follows: (In Thousands) June 30, December 31, 2022 2021 Senior Notes with an aggregate par value of $15,000,000; bearing interest at 2.75% with an effective interest rate of 3.23%; maturing in June 2026 $ 14,733 $ 14,701 Total carrying value $ 14,733 $ 14,701 SUBORDINATED DEBT On May 19, 2021, the Corporation issued and sold $25.0 million in aggregate principal amount of 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031 (the "Subordinated Notes"). The Subordinated Notes mature on June 1, 2031 and bear interest at a fixed annual rate of 3.25%, to June 1, 2026. From June 1, 2026 to maturity or early redemption, the interest rate will reset quarterly to an interest rate per annum equal to the three-month Secured Overnight Financing Rate provided by the Federal Reserve Bank of New York plus 259 basis points. The Corporation is entitled to redeem the Subordinated Notes, in whole or in part, at any time on or after June 1, 2026, and to redeem the Subordinated Notes at any time in whole upon certain other events. Any redemption of the Subordinated Notes will be subject to prior regulatory approval to the extent required. The Subordinated Notes are not subject to redemption at the option of the holders. The Subordinated Notes are unsecured, subordinated obligations of the Corporation only and are not obligations of, and are not guaranteed by, any subsidiary of the Corporation. The Subordinated Notes rank junior in right to payment to the Corporation's current and future senior indebtedness, including the Senior Notes (described above). The Subordinated Notes are intended to qualify as Tier 2 capital for regulatory capital purposes. The Subordinated Notes were recorded, net of debt issuance costs of $563,000, at an initial carrying amount of $24,437,000. Debt issuance costs are amortized through June 1, 2026 as an adjustment of the effective interest rate. Amortization of debt issuance costs associated with the Subordinated Notes totaling $26,000 in the second quarter 2022 and $52,000 in the six-month period ended June 30, 2022, and $13,000 in the three-month and six-month periods ended June 30, 2021, was included in interest expense in the unaudited consolidated statements of income. At June 30, 2022 and December 31, 2021, the carrying amounts of subordinated debt agreements are as follows: (In Thousands) June 30, December 31, 2022 2021 Agreements with an aggregate par value of $6,500,000; bearing interest at 6.50%; maturing in April 2027 and redeemed at par in April 2022 $ 0 $ 6,500 Agreement with a par value of $2,000,000; bearing interest at 6.50% with an effective interest rate of 5.60%; maturing in July 2027 and redeemed at par in June 2022 0 2,008 Agreements with a par value of $25,000,000; bearing interest at 3.25% with an effective interest rate of 3.74% ; maturing in June 2031 and redeemable at par in June 2026 24,553 24,501 Total carrying value $ 24,553 $ 33,009

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS	6 Months Ended
STOCK-BASED COMPENSATION PLANS	Jun. 30, 2022
STOCK-BASED COMPENSATION PLANS
STOCK-BASED COMPENSATION PLANS	9. STOCK-BASED COMPENSATION PLANS The Corporation has a Stock Incentive Plan for a selected group of officers and an Independent Directors Stock Incentive Plan. The 2022 restricted stock awards under the Stock Incentive Plan vest ratably over three years, and the 2022 restricted stock issued under the Independent Directors Stock Incentive Plan vests over one year. There were no restricted stock awards granted in the three-month period ended June 30, 2022. Following is a summary of restricted stock awards granted in the three-month period ended March 31, 2022: (Dollars in Thousands) Aggregate Grant Date Number of Fair Shares Value 1st quarter 2022 awards: Time-based awards to independent directors 9,588 $ 240 Time-based awards to employees 51,638 1,293 Performance-based awards to employees 17,017 426 Total 78,243 $ 1,959 Compensation cost related to restricted stock is recognized based on the fair value of the stock at the grant date over the vesting period, adjusted for estimated and actual forfeitures. Total annual stock-based compensation for the year ending December 31, 2022 is estimated to total $1,610,000. Total stock-based compensation expense attributable to restricted stock awards amounted to $413,000 in the second quarter 2022 and $284,000 in the second quarter 2021. Total stock-based compensation expense attributable to restricted stock awards amounted to $781,000 in the six-month period ended June 30, 2022 and $625,000 in the six-month period ended June 30, 2021.

CONTINGENCIES

CONTINGENCIES	6 Months Ended
CONTINGENCIES	Jun. 30, 2022
CONTINGENCIES
CONTINGENCIES	10. CONTINGENCIES In the normal course of business, the Corporation is subject to pending and threatened litigation in which claims for monetary damages are asserted. In management’s opinion, the Corporation’s financial position and results of operations would not be materially affected by the outcome of these legal proceedings.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	6 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS	Jun. 30, 2022
DERIVATIVE FINANCIAL INSTRUMENTS
DERIVATIVE FINANCIAL INSTRUMENTS	11. DERIVATIVE FINANCIAL INSTRUMENTS The Corporation is a party to derivative financial instruments. These financial instruments consist of interest rate swap agreements which contain master netting and collateral provisions designed to protect the party at risk. Interest rate swaps with commercial loan banking customers were executed to facilitate their respective risk management strategies. Under the terms of these arrangements, the commercial banking customers effectively exchanged their floating interest rate exposures on loans into fixed interest rate exposures. Those interest rate swaps have been simultaneously economically hedged by offsetting interest rate swaps with a third party, such that the Corporation has effectively exchanged its fixed interest rate exposures for floating rate exposures. These derivatives are not designated as hedges and are not speculative. Rather, these derivatives result from a service provided to certain customers. As the interest rate swaps associated with this program do not meet the hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. The aggregate notional amount of interest rate swaps was $115,050,000 at June 30, 2022 and $123,094,000 at December 31, 2021. There were no interest rate swaps originated in the six-month periods ended June 30, 2022 and 2021. There were no gross amounts of interest rate swap-related assets and liabilities not offset in the consolidated balance sheets at June 30, 2022. The net impact on the consolidated statements of income from interest rate swaps was a reduction in interest income on loans of $220,000 in the second quarter 2022 and $537,000 in the six months ended June 30, 2022 as compared to a reduction in interest income on loans of $340,000 in the second quarter 2021 and $678,000 in the six months ended June 30, 2021. The table below presents the fair value of the Corporation’s derivative financial instruments as well as their classification on the consolidated balance sheets at June 30, 2022 and December 31, 2021: (In Thousands) At June 30, 2022 At December 31, 2021 Asset Derivatives Liability Derivatives Asset Derivatives Liability Derivatives Notional Fair Notional Fair Notional Fair Notional Fair Amount Value (1) Amount Value (2) Amount Value (1) Amount Value (2) Interest rate swap agreements $ 57,525 $ 1,619 $ 57,525 $ 1,619 $ 61,547 $ 3,104 $ 61,547 $ 3,104 (1) Included in other assets in the consolidated balance sheets. (2) Included in accrued interest and other liabilities in the consolidated balance sheets. The Corporation’s agreement with its derivative counterparty provides that if the Corporation defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Corporation could also be declared in default on its derivative obligations. Further, if the Corporation were to fail to maintain its status as a well or adequately capitalized institution, then the counterparty could terminate the derivative positions and the Corporation would be required to settle its obligations under the agreements. Available-for-sale securities with a carrying value of $2,338,000 were pledged as collateral against the Corporation’s obligations related to the interest rate swaps at June 30, 2022.

FAIR VALUE MEASUREMENTS AND FAI

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2022
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS	12. FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS The Corporation measures certain assets and liabilities at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB topic 820, “Fair Value Measurements and Disclosures” establishes a framework for measuring fair value that includes a hierarchy used to classify the inputs used in measuring fair value. The hierarchy prioritizes the inputs used in determining valuations into three levels. The level in the fair value hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement. The levels of the fair value hierarchy are as follows: Level 1 – Fair value is based on unadjusted quoted prices in active markets that are accessible to the Corporation for identical assets or liabilities. These generally provide the most reliable evidence and are used to measure fair value whenever available. Level 2 – Fair value is based on significant inputs, other than Level 1 inputs, that are observable either directly or indirectly for substantially the full term of the asset or liability through corroboration with observable market data. Level 2 inputs include quoted market prices in active markets for similar assets or liabilities, quoted market prices in markets that are not active for identical or similar assets or liabilities and other observable inputs. Level 3 – Fair value is based on significant unobservable inputs. Examples of valuation methodologies that would result in Level 3 classification include option pricing models, discounted cash flows and other similar techniques. The Corporation monitors and evaluates available data relating to fair value measurements on an ongoing basis and recognizes transfers among the levels of the fair value hierarchy as of the date of an event or change in circumstances that affects the valuation method chosen. Examples of such changes may include the market for a particular asset or liability becoming active or inactive, changes in the availability of quoted prices, or changes in the availability of other market data. At June 30, 2022 and December 31, 2021, assets and liabilities measured at fair value and the valuation methods used are as follows: June 30, 2022 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements, assets: AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of the U.S. Treasury $ 35,774 $ 0 $ 0 $ 35,774 Obligations of U.S. Government agencies 0 22,785 0 22,785 Bank holding company debt securities 0 27,415 0 27,415 Obligations of states and political subdivisions: Tax-exempt 0 139,400 0 139,400 Taxable 0 63,898 0 63,898 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 106,043 0 106,043 Residential collateralized mortgage obligations 0 44,761 0 44,761 Commercial mortgage-backed securities 0 86,761 0 86,761 Total available-for-sale debt securities 35,774 491,063 0 526,837 Marketable equity security 895 0 0 895 Servicing rights 0 0 2,640 2,640 Interest rate swap agreements, assets 0 1,619 0 1,619 Total recurring fair value measurements, assets $ 36,669 $ 492,682 $ 2,640 $ 531,991 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 1,619 $ 0 $ 1,619 Nonrecurring fair value measurements, assets: Impaired loans, net $ 0 $ 0 $ 2,965 $ 2,965 Foreclosed assets held for sale 0 0 505 505 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 3,470 $ 3,470 December 31, 2021 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements, assets: AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of the U.S. Treasury $ 24,912 $ 0 $ 0 $ 24,912 Obligations of U.S. Government agencies 0 24,091 0 24,091 Bank holding company debt securities 0 17,987 0 17,987 Obligations of states and political subdivisions: Tax-exempt 0 148,028 0 148,028 Taxable 0 72,765 0 72,765 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 98,181 0 98,181 Residential collateralized mortgage obligations 0 44,247 0 44,247 Commercial mortgage-backed securities 0 87,468 0 87,468 Total available-for-sale debt securities 24,912 492,767 0 517,679 Marketable equity security 971 0 0 971 Servicing rights 0 0 2,329 2,329 Interest rate swap agreements, assets 0 3,104 0 3,104 Total recurring fair value measurements, assets $ 25,883 $ 495,871 $ 2,329 $ 524,083 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 3,104 $ 0 $ 3,104 Nonrecurring fair value measurements, assets: Impaired loans, net $ 0 $ 0 $ 5,800 $ 5,800 Foreclosed assets held for sale 0 0 684 684 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 6,484 $ 6,484 Management’s evaluation and selection of valuation techniques and the unobservable inputs used in determining the fair values of assets valued using Level 3 methodologies include sensitive assumptions. Other market participants might use substantially different assumptions, which could result in calculations of fair values that would be substantially different than the amount calculated by management. At June 30, 2022 and December 31, 2021, quantitative information regarding valuation techniques and the significant unobservable inputs used for assets measured on a recurring basis using unobservable inputs (Level 3 methodologies) are as follows: Fair Value at 6/30/2022 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 6/30/2022 Servicing rights $ 2,640 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 152.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs Fair Value at 12/31/2021 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/2021 Servicing rights $ 2,329 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 209.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs The fair value of servicing rights is affected by expected future interest rates. Increases (decreases) in future expected interest rates tend to increase (decrease) the fair value of the Corporation’s servicing rights because of changes in expected prepayment behavior by the borrowers on the underlying loans. Unrealized gains (losses) in fair value of servicing rights are included in Loan servicing fees, net, in the unaudited consolidated statements of income. Following is a reconciliation of activity for Level 3 assets measured at fair value on a recurring basis: (In Thousands) Three Months Ended Six Months Ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Servicing rights balance, beginning of period $ 2,429 $ 1,956 $ 2,329 $ 1,689 Originations of servicing rights 61 199 159 391 Unrealized gain (loss) included in earnings 150 (39) 152 36 Servicing rights balance, end of period $ 2,640 $ 2,116 $ 2,640 $ 2,116 Loans are classified as impaired when, based on current information and events, it is probable that the Corporation will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Foreclosed assets held for sale consist of real estate acquired by foreclosure. For impaired commercial loans secured by real estate and foreclosed assets held for sale, estimated fair values are determined primarily using values from third-party appraisals. Appraised values are discounted to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. At June 30, 2022 and December 31, 2021, quantitative information regarding valuation techniques and the significant unobservable inputs used for nonrecurring fair value measurements using Level 3 methodologies are as follows: (Dollars In Thousands) Weighted Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 6/30/2022 6/30/2022 6/30/2022 Technique Inputs 6/30/2022 Impaired loans: Commercial: Commercial loans secured by real estate $ 3,392 $ 427 $ 2,965 Sales comparison Discount to appraised value 25 % Total impaired loans $ 3,392 $ 427 $ 2,965 Foreclosed assets held for sale - real estate: Commercial real estate $ 275 $ 0 $ 275 Sales comparison Discount to appraised value 50 % Residential (1-4 family) 230 0 230 Sales comparison Discount to appraised value 50 % Total foreclosed assets held for sale $ 505 $ 0 $ 505 (Dollars In Thousands) Weighted Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/2021 12/31/2021 12/31/2021 Technique Inputs 12/31/2021 Impaired loans: Commercial: Commercial loans secured by real estate $ 6,468 $ 668 $ 5,800 Sales comparison Discount to appraised value 27 % Commercial and industrial 72 72 0 Liquidation of assets Discount to appraised value 100 % Total impaired loans $ 6,540 $ 740 $ 5,800 Foreclosed assets held for sale - real estate: Commercial real estate $ 428 $ 0 $ 428 Sales comparison Discount to appraised value 50 % Residential (1-4 family) 256 0 256 Sales comparison Discount to appraised value 53 % Total foreclosed assets held for sale $ 684 $ 0 $ 684 Certain of the Corporation’s financial instruments are not measured at fair value in the consolidated financial statements. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. Certain financial instruments and all nonfinancial instruments are excluded from disclosure requirements. Therefore, the aggregate fair value amounts presented may not represent the underlying fair value of the Corporation. The estimated fair values, and related carrying amounts, of the Corporation’s financial instruments that are not recorded at fair value are as follows: (In Thousands) Fair Value June 30, 2022 December 31, 2021 Hierarchy Carrying Fair Carrying Fair Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 60,337 $ 60,337 $ 95,848 $ 95,848 Certificates of deposit Level 2 8,850 8,532 9,100 9,142 Restricted equity securities (included in Other Assets) Level 2 13,693 13,693 9,562 9,562 Loans, net Level 3 1,643,057 1,640,553 1,551,312 1,573,955 Accrued interest receivable Level 2 7,740 7,740 7,235 7,235 Financial liabilities: Deposits with no stated maturity Level 2 1,665,866 1,665,866 1,639,167 1,639,167 Time deposits Level 2 298,404 298,432 285,893 286,962 Short-term borrowings Level 2 90,042 89,720 1,803 1,603 Long-term borrowings Level 2 36,791 36,524 28,042 28,347 Senior debt Level 2 14,733 12,355 14,701 15,016 Subordinated debt Level 2 24,553 20,639 33,009 33,171 Accrued interest payable Level 2 179 179 205 205 The Corporation has commitments to extend credit and has issued standby letters of credit. Standby letters of credit are conditional guarantees of performance by a customer to a third party. Estimates of the fair value of these off-balance sheet items were not made because of the short-term nature of these arrangements and the credit standing of the counterparties.

BASIS OF INTERIM PRESENTATION_2

BASIS OF INTERIM PRESENTATION AND STATUS OF RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	6 Months Ended
	Jun. 30, 2022
BASIS OF INTERIM PRESENTATION AND STATUS OF RECENT ACCOUNTING PRONOUNCEMENTS
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS The Financial Accounting Standards Board (FASB) issues Accounting Standards Updates (ASUs) to the FASB Accounting Standards Codification (ASC). This section provides a summary description of recent ASUs that have significant implications (elected or required) within the consolidated financial statements, or that management expects may have a significant impact on financial statements issued in the near future. Recent Accounting Pronouncements - Adopted ASU 2020-04, Reference Rate Reform (Topic 848) provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The amendments in ASU 2020-04 are elective and apply to all entities that have contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued. The guidance includes a general principle that permits an entity to consider contract modifications due to reference rate reform to be an event that does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. Some specific optional expedients are as follows: ● Simplifies accounting for contract modifications, including modifications to loans receivable and debt, by prospectively adjusting the effective interest rate. ● Simplifies the assessment of hedge effectiveness and allows hedging relationships affected by reference rate reform to continue. The Corporation has elected to apply the optional expedients prospectively for applicable loan and other contracts, and implementation of this election did not have a material effect on the Corporation’s financial position or results of operations. Recently Issued But Not Yet Effective Accounting Pronouncements ASU 2016-13, Financial Instruments-Credit Losses (Topic 326), as modified by subsequent ASUs, changes accounting for credit losses on loans receivable and debt securities from an incurred loss methodology to an expected credit loss methodology. Among other things, ASU 2016-13 requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Accordingly, ASU 2016-13 requires the use of forward-looking information to form credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, though the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, ASU 2016-13 amends the accounting for credit losses on debt securities and purchased financial assets with credit deterioration. The effect of implementing this ASU is recorded through a cumulative-effect adjustment to retained earnings. The Corporation has formed a cross functional management team and is working with an outside vendor assessing alternative loss estimation methodologies and the Corporation’s data and system needs to evaluate the impact that adoption of this standard will have on the Corporation’s financial condition and results of operations. In November 2019, the FASB approved a delay of the required implementation date of ASU 2016-13 for smaller reporting companies, including the Corporation, resulting in a required implementation date for the Corporation of January 1, 2023.

PER SHARE DATA (Tables)

PER SHARE DATA (Tables)	6 Months Ended
PER SHARE DATA (Tables)	Jun. 30, 2022
PER SHARE DATA
Schedule of Basic and Diluted earnings per share	(In Thousands, Except Share and Per Share Data) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 Basic Net income $ 7,489 $ 7,060 $ 14,384 $ 15,847 Less: Dividends and undistributed earnings allocated to participating securities (70) (61) (130) (126) Net income attributable to common shares $ 7,419 $ 6,999 $ 14,254 $ 15,721 Basic weighted-average common shares outstanding 15,441,564 15,868,150 15,542,959 15,859,236 Basic earnings per common share (a) $ 0.48 $ 0.44 $ 0.92 $ 0.99 Diluted Net income attributable to common shares $ 7,419 $ 6,999 $ 14,254 $ 15,721 Basic weighted-average common shares outstanding 15,441,564 15,868,150 15,542,959 15,859,236 Dilutive effect of potential common stock arising from stock options 3,009 6,833 3,360 5,922 Diluted weighted-average common shares outstanding 15,444,573 15,874,983 15,546,319 15,865,158 Diluted earnings per common share (a) $ 0.48 $ 0.44 $ 0.92 $ 0.99 Weighted-average nonvested restricted shares outstanding 145,132 136,711 141,656 127,627 (a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the consolidated statements of income, less earnings allocated to non-vested restricted shares with nonforfeitable dividends (participating securities).

COMPREHENSIVE (LOSS) INCOME (Ta

COMPREHENSIVE (LOSS) INCOME (Tables)	6 Months Ended
COMPREHENSIVE (LOSS) INCOME (Tables)	Jun. 30, 2022
COMPREHENSIVE (LOSS) INCOME
Schedule of the components of other comprehensive income (loss), and the related tax effects	(In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended June 30, 2022 Available-for-sale debt securities: Unrealized holding losses on available-for-sale debt securities $ (20,018) $ 4,202 $ (15,816) Reclassification adjustment for losses realized in income 1 0 1 Other comprehensive loss from available-for-sale debt securities (20,017) 4,202 (15,815) Unfunded pension and postretirement obligations, Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (11) 2 (9) Other comprehensive loss on unfunded retirement obligations (11) 2 (9) Total other comprehensive loss $ (20,028) $ 4,204 $ (15,824) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended June 30, 2021 Available-for-sale debt securities: Unrealized holding gains on available-for-sale debt securities $ 2,941 $ (619) $ 2,322 Reclassification adjustment for (gains) realized in income (2) 0 (2) Other comprehensive income from available-for-sale debt securities $ 2,939 $ (619) $ 2,320 Unfunded pension and postretirement obligations, Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (4) 1 (3) Other comprehensive loss on unfunded retirement obligations (4) 1 (3) Total other comprehensive income $ 2,935 $ (618) $ 2,317 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Six Months Ended June 30, 2022 Available-for-sale debt securities: Unrealized holding losses on available-for-sale debt securities $ (52,043) $ 10,928 $ (41,115) Reclassification adjustment for (gains) realized in income (1) 0 (1) Other comprehensive loss from available-for-sale debt securities (52,044) 10,928 (41,116) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses 133 (27) 106 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (22) 4 (18) Other comprehensive income on unfunded retirement obligations 111 (23) 88 Total other comprehensive loss $ (51,933) $ 10,905 $ (41,028) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Six Months Ended June 30, 2021 Available-for-sale debt securities: Unrealized holding losses on available-for-sale debt securities $ (3,173) $ 666 $ (2,507) Reclassification adjustment for (gains) realized in income (2) 0 (2) Other comprehensive loss from available-for-sale debt securities (3,175) 666 (2,509) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses (5) 1 (4) Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (8) 2 (6) Other comprehensive loss on unfunded retirement obligations (13) 3 (10) Total other comprehensive loss $ (3,188) $ 669 $ (2,519)
Schedule of components of other comprehensive income (loss) and affected line item in the consolidated statements of income	Affected Line Item in the Description Consolidated Statements of Income Reclassification adjustment for losses (gains) realized in income (before-tax) Realized (losses) gains on available-for-sale debt securities, net Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (before-tax) Other noninterest expense Income tax effect Income tax provision
Schedule of changes in the components of accumulated other comprehensive income (loss)	(In Thousands) Unrealized Accumulated (Losses) Unfunded Other Gains Retirement Comprehensive on Securities Obligations (Loss) Income Three Months Ended June 30, 2022 Balance, beginning of period $ (20,492) $ 314 $ (20,178) Other comprehensive loss during three months ended June 30, 2022 (15,815) (9) (15,824) Balance, end of period $ (36,307) $ 305 $ (36,002) Three Months Ended June 30, 2021 Balance, beginning of period $ 6,847 $ 112 $ 6,959 Other comprehensive income (loss) during three months ended June 30, 2021 2,320 (3) 2,317 Balance, end of period $ 9,167 $ 109 $ 9,276 (In Thousands) Unrealized Accumulated (Losses) Unfunded Other Gains Retirement Comprehensive on Securities Obligations (Loss) Income Six Months Ended June 30, 2022 Balance, beginning of period $ 4,809 $ 217 $ 5,026 Other comprehensive (loss) income during six months ended June 30, 2022 (41,116) 88 (41,028) Balance, end of period $ (36,307) $ 305 $ (36,002) Six Months Ended June 30, 2021 Balance, beginning of period $ 11,676 $ 119 $ 11,795 Other comprehensive loss during six months ended June 30, 2021 (2,509) (10) (2,519) Balance, end of period $ 9,167 $ 109 $ 9,276

CASH AND DUE FROM BANKS (Tables

CASH AND DUE FROM BANKS (Tables)	6 Months Ended
CASH AND DUE FROM BANKS (Tables)	Jun. 30, 2022
CASH AND DUE FROM BANKS
Schedule of cash and due from banks	(In Thousands) June 30, December 31, 2022 2021 Cash and cash equivalents $ 60,337 $ 95,848 Certificates of deposit 8,850 9,100 Total cash and due from banks $ 69,187 $ 104,948

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
SECURITIES (Tables)	Jun. 30, 2022
SECURITIES
Schedule of amortized cost and fair value of available-for-sale debt securities	(In Thousands) June 30, 2022 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 38,151 $ 0 $ (2,377) $ 35,774 Obligations of U.S. Government agencies 24,454 0 (1,669) 22,785 Bank holding company debt securities 28,942 0 (1,527) 27,415 Obligations of states and political subdivisions: Tax-exempt 152,063 501 (13,164) 139,400 Taxable 72,204 19 (8,325) 63,898 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 114,367 1 (8,325) 106,043 Residential collateralized mortgage obligations 47,295 0 (2,534) 44,761 Commercial mortgage-backed securities 95,318 19 (8,576) 86,761 Total available-for-sale debt securities $ 572,794 $ 540 $ (46,497) $ 526,837 (In Thousands) December 31, 2021 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 25,058 $ 52 $ (198) $ 24,912 Obligations of U.S. Government agencies 23,936 563 (408) 24,091 Bank holding company debt securities 18,000 18 (31) 17,987 Obligations of states and political subdivisions: Tax-exempt 143,427 4,749 (148) 148,028 Taxable 72,182 1,232 (649) 72,765 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 98,048 705 (572) 98,181 Residential collateralized mortgage obligations 44,015 437 (205) 44,247 Commercial mortgage-backed securities 86,926 1,548 (1,006) 87,468 Total available-for-sale debt securities $ 511,592 $ 9,304 $ (3,217) $ 517,679
Schedule of gross unrealized losses and fair value of available-for-sale debt securities	June 30, 2022 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of the U.S. Treasury $ 34,823 $ (2,329) $ 951 $ (48) $ 35,774 $ (2,377) Obligations of U.S. Government agencies 17,194 (1,162) 5,591 (507) 22,785 (1,669) Bank holding company debt securities 27,415 (1,527) 0 0 27,415 (1,527) Obligations of states and political subdivisions: Tax-exempt 111,623 (12,626) 3,219 (538) 114,842 (13,164) Taxable 52,067 (7,002) 5,184 (1,323) 57,251 (8,325) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 101,521 (7,908) 3,468 (417) 104,989 (8,325) Residential collateralized mortgage obligations 44,621 (2,534) 0 0 44,621 (2,534) Commercial mortgage-backed securities 67,194 (6,257) 12,176 (2,319) 79,370 (8,576) Total temporarily impaired available-for-sale debt securities $ 456,458 $ (41,345) $ 30,589 $ (5,152) $ 487,047 $ (46,497) December 31, 2021 Less Than 12 Months 12 Months or More Total (In Thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Obligations of the U.S. Treasury $ 18,886 $ (198) $ 0 $ 0 $ 18,886 $ (198) Obligations of U.S. Government agencies 9,735 (264) 4,856 (144) 14,591 (408) Bank holding company debt securities 12,969 (31) 0 0 12,969 (31) Obligations of states and political subdivisions: Tax-exempt 17,852 (141) 549 (7) 18,401 (148) Taxable 31,261 (517) 3,277 (132) 34,538 (649) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 71,451 (572) 0 0 71,451 (572) Residential collateralized mortgage obligations 15,117 (205) 0 0 15,117 (205) Commercial mortgage-backed securities 52,867 (1,006) 0 0 52,867 (1,006) Total temporarily impaired available-for-sale debt securities $ 230,138 $ (2,934) $ 8,682 $ (283) $ 238,820 $ (3,217)
Schedule of gross realized gains and losses from available-for-sale	(In Thousands) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 Gross realized gains from sales $ 2 $ 4 $ 4 $ 4 Gross realized losses from sales (3) (2) (3) (2) Net realized (losses) gains $ (1) $ 2 $ 1 $ 2
Schedule of the amortized cost and fair value of available-for-sale debt securities by contractual maturity	(In Thousands) June 30, 2022 Amortized Fair Cost Value Due in one year or less $ 15,872 $ 15,795 Due from one year through five years 75,486 72,612 Due from five years through ten years 92,369 86,353 Due after ten years 132,087 114,512 Sub-total 315,814 289,272 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 114,367 106,043 Residential collateralized mortgage obligations 47,295 44,761 Commercial mortgage-backed securities 95,318 86,761 Total $ 572,794 $ 526,837

LOANS (Tables)

LOANS (Tables)	6 Months Ended
LOANS (Tables)	Jun. 30, 2022
LOANS
Summary of loans outstanding	Summary of Loans by Type (In Thousands) June 30, December 31, 2022 2021 Commercial: Commercial loans secured by real estate $ 656,892 $ 569,840 Commercial and industrial 171,999 159,073 Paycheck Protection Program - 1st Draw 44 1,356 Paycheck Protection Program - 2nd Draw 6,208 25,508 Political subdivisions 87,512 81,301 Commercial construction and land 58,786 60,579 Loans secured by farmland 12,967 11,121 Multi-family (5 or more) residential 53,753 50,089 Agricultural loans 2,628 2,351 Other commercial loans 15,767 17,153 Total commercial 1,066,556 978,371 Residential mortgage: Residential mortgage loans - first liens 482,505 483,629 Residential mortgage loans - junior liens 23,036 23,314 Home equity lines of credit 40,887 39,252 1-4 Family residential construction 26,071 23,151 Total residential mortgage 572,499 569,346 Consumer 18,549 17,132 Total 1,657,604 1,564,849 Less: allowance for loan losses (14,547) (13,537) Loans, net $ 1,643,057 $ 1,551,312
Schedule of adjustments to the initial market rate and credit fair value adjustments recognized	(In Thousands) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 Market Rate Adjustment Adjustments to gross amortized cost of loans at beginning of period $ (885) $ 352 $ (637) $ 718 Accretion (amortization) recognized in interest income 19 (357) (229) (723) Adjustments to gross amortized cost of loans at end of period $ (866) $ (5) $ (866) $ (5) Credit Adjustment on Non-impaired Loans Adjustments to gross amortized cost of loans at beginning of period $ (2,782) $ (5,182) $ (3,335) $ (5,979) Accretion recognized in interest income 379 680 932 1,477 Adjustments to gross amortized cost of loans at end of period $ (2,403) $ (4,502) $ (2,403) $ (4,502)
Schedule of PCI loans	(In Thousands) June 30, December 31, 2022 2021 Outstanding balance $ 5,766 $ 9,802 Carrying amount 3,879 6,558
Schedule of transactions within the allowance for loan losses	Three Months Ended June 30, 2022 March 31, 2022 June 30, 2022 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 5,017 $ 0 $ 0 $ (35) $ 4,982 Commercial and industrial 2,841 0 0 (49) 2,792 Commercial construction and land 391 0 0 124 515 Loans secured by farmland 129 0 0 (17) 112 Multi-family (5 or more) residential 367 0 0 (28) 339 Agricultural loans 27 0 0 (4) 23 Other commercial loans 150 0 0 (19) 131 Total commercial 8,922 0 0 (28) 8,894 Residential mortgage: Residential mortgage loans - first liens 3,810 0 1 (122) 3,689 Residential mortgage loans - junior liens 181 0 0 (1) 180 Home equity lines of credit 306 0 0 2 308 1-4 Family residential construction 148 0 0 67 215 Total residential mortgage 4,445 0 1 (54) 4,392 Consumer 237 (41) 8 57 261 Unallocated 667 0 0 333 1,000 Total Allowance for Loan Losses $ 14,271 $ (41) $ 9 $ 308 $ 14,547 Three Months Ended June 30, 2021 March 31, 2021 June 30, 2021 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,350 $ 0 $ 2 $ 100 $ 3,452 Commercial and industrial 2,187 0 0 594 2,781 Commercial construction and land 476 0 0 (24) 452 Loans secured by farmland 111 0 0 2 113 Multi-family (5 or more) residential 255 0 0 (105) 150 Agricultural loans 26 0 0 (1) 25 Other commercial loans 159 0 0 (14) 145 Total commercial 6,564 0 2 552 7,118 Residential mortgage: Residential mortgage loans - first liens 3,507 (11) 1 39 3,536 Residential mortgage loans - junior liens 334 0 0 (7) 327 Home equity lines of credit 281 0 1 12 294 1-4 Family residential construction 78 0 0 120 198 Total residential mortgage 4,200 (11) 2 164 4,355 Consumer 220 (36) 13 34 231 Unallocated 677 0 0 (6) 671 Total Allowance for Loan Losses $ 11,661 $ (47) $ 17 $ 744 $ 12,375 December 31, June 30, Six Months Ended June 30, 2022 2021 Provision 2022 (In Thousands) Balance Charge-offs Recoveries (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 4,405 $ 0 $ 0 $ 577 $ 4,982 Commercial and industrial 2,723 (150) 0 219 2,792 Commercial construction and land 637 0 0 (122) 515 Loans secured by farmland 115 0 0 (3) 112 Multi-family (5 or more) residential 215 0 0 124 339 Agricultural loans 25 0 0 (2) 23 Other commercial loans 173 0 0 (42) 131 Total commercial 8,293 (150) 0 751 8,894 Residential mortgage: Residential mortgage loans - first liens 3,650 0 2 37 3,689 Residential mortgage loans - junior liens 184 0 0 (4) 180 Home equity lines of credit 302 0 15 (9) 308 1-4 Family residential construction 202 0 0 13 215 Total residential mortgage 4,338 0 17 37 4,392 Consumer 235 (71) 15 82 261 Unallocated 671 0 0 329 1,000 Total Allowance for Loan Losses $ 13,537 $ (221) $ 32 $ 1,199 $ 14,547 December 31, June 30, Six Months Ended June 30, 2021 2020 Provision 2021 (In Thousands) Balance Charge-offs Recoveries (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,051 $ 0 $ 2 $ 399 $ 3,452 Commercial and industrial 2,245 0 14 522 2,781 Commercial construction and land 454 0 0 (2) 452 Loans secured by farmland 120 0 0 (7) 113 Multi-family (5 or more) residential 236 0 0 (86) 150 Agricultural loans 34 0 0 (9) 25 Other commercial loans 168 0 0 (23) 145 Total commercial 6,308 0 16 794 7,118 Residential mortgage: Residential mortgage loans - first liens 3,524 (11) 2 21 3,536 Residential mortgage loans - junior liens 349 0 0 (22) 327 Home equity lines of credit 281 0 2 11 294 1-4 Family residential construction 99 0 0 99 198 Total residential mortgage 4,253 (11) 4 109 4,355 Consumer 239 (47) 25 14 231 Unallocated 585 0 0 86 671 Total Allowance for Loan Losses $ 11,385 $ (58) $ 45 $ 1,003 $ 12,375
Schedule of aggregate credit quality classification of outstanding loans by risk	June 30, 2022 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 631,192 $ 7,558 $ 14,367 $ 0 $ 3,775 $ 656,892 Commercial and Industrial 159,902 8,370 3,691 0 36 171,999 Paycheck Protection Program - 1st Draw 44 0 0 0 0 44 Paycheck Protection Program - 2nd Draw 6,208 0 0 0 0 6,208 Political subdivisions 87,512 0 0 0 0 87,512 Commercial construction and land 58,025 714 47 0 0 58,786 Loans secured by farmland 10,999 628 1,340 0 0 12,967 Multi-family (5 or more) residential 52,891 0 862 0 0 53,753 Agricultural loans 2,009 25 594 0 0 2,628 Other commercial loans 15,767 0 0 0 0 15,767 Total commercial 1,024,549 17,295 20,901 0 3,811 1,066,556 Residential Mortgage: Residential mortgage loans - first liens 468,054 7,518 6,865 0 68 482,505 Residential mortgage loans - junior liens 22,554 167 315 0 0 23,036 Home equity lines of credit 40,214 58 615 0 0 40,887 1-4 Family residential construction 26,071 0 0 0 0 26,071 Total residential mortgage 556,893 7,743 7,795 0 68 572,499 Consumer 18,485 0 64 0 0 18,549 Totals $ 1,599,927 $ 25,038 $ 28,760 $ 0 $ 3,879 $ 1,657,604 December 31, 2021 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 538,966 $ 10,510 $ 16,220 $ 0 $ 4,144 $ 569,840 Commercial and Industrial 142,775 10,841 4,694 0 763 159,073 Paycheck Protection Program - 1st Draw 1,356 0 0 0 0 1,356 Paycheck Protection Program - 2nd Draw 25,508 0 0 0 0 25,508 Political subdivisions 81,301 0 0 0 0 81,301 Commercial construction and land 59,816 715 48 0 0 60,579 Loans secured by farmland 10,011 186 924 0 0 11,121 Multi-family (5 or more) residential 47,638 0 873 0 1,578 50,089 Agricultural loans 1,802 0 549 0 0 2,351 Other commercial loans 17,150 3 0 0 0 17,153 Total commercial 926,323 22,255 23,308 0 6,485 978,371 Residential Mortgage: Residential mortgage loans - first liens 469,044 7,981 6,534 0 70 483,629 Residential mortgage loans - junior liens 22,914 114 283 0 3 23,314 Home equity lines of credit 38,652 59 541 0 0 39,252 1-4 Family residential construction 23,151 0 0 0 0 23,151 Total residential mortgage 553,761 8,154 7,358 0 73 569,346 Consumer 17,092 0 40 0 0 17,132 Totals $ 1,497,176 $ 30,409 $ 30,706 $ 0 $ 6,558 $ 1,564,849
Summary of loan balances and the related allowance for loan losses	June 30, 2022 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Commercial: Commercial loans secured by real estate $ 7,340 $ 649,552 $ 656,892 $ 427 $ 4,555 $ 4,982 Commercial and industrial 374 171,625 171,999 0 2,792 2,792 Paycheck Protection Program - 1st Draw 0 44 44 0 0 0 Paycheck Protection Program - 2nd Draw 0 6,208 6,208 0 0 0 Political subdivisions 0 87,512 87,512 0 0 0 Commercial construction and land 47 58,739 58,786 0 515 515 Loans secured by farmland 79 12,888 12,967 0 112 112 Multi-family (5 or more) residential 0 53,753 53,753 0 339 339 Agricultural loans 60 2,568 2,628 0 23 23 Other commercial loans 0 15,767 15,767 0 131 131 Total commercial 7,900 1,058,656 1,066,556 427 8,467 8,894 Residential mortgage: Residential mortgage loans - first liens 648 481,857 482,505 0 3,689 3,689 Residential mortgage loans - junior liens 30 23,006 23,036 0 180 180 Home equity lines of credit 69 40,818 40,887 0 308 308 1-4 Family residential construction 0 26,071 26,071 0 215 215 Total residential mortgage 747 571,752 572,499 0 4,392 4,392 Consumer 0 18,549 18,549 0 261 261 Unallocated 1,000 Total $ 8,647 $ 1,648,957 $ 1,657,604 $ 427 $ 13,120 $ 14,547 December 31, 2021 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Commercial: Commercial loans secured by real estate $ 10,926 $ 558,914 $ 569,840 $ 669 $ 3,736 $ 4,405 Commercial and industrial 2,503 156,570 159,073 71 2,652 2,723 Paycheck Protection Program - 1st Draw 0 1,356 1,356 0 0 0 Paycheck Protection Program - 2nd Draw 0 25,508 25,508 0 0 0 Political subdivisions 0 81,301 81,301 0 0 0 Commercial construction and land 0 60,579 60,579 0 637 637 Loans secured by farmland 83 11,038 11,121 0 115 115 Multi-family (5 or more) residential 1,578 48,511 50,089 0 215 215 Agricultural loans 0 2,351 2,351 0 25 25 Other commercial loans 0 17,153 17,153 0 173 173 Total commercial 15,090 963,281 978,371 740 7,553 8,293 Residential mortgage: Residential mortgage loans - first liens 630 482,999 483,629 0 3,650 3,650 Residential mortgage loans - junior liens 14 23,300 23,314 0 184 184 Home equity lines of credit 0 39,252 39,252 0 302 302 1-4 Family residential construction 0 23,151 23,151 0 202 202 Total residential mortgage 644 568,702 569,346 0 4,338 4,338 Consumer 0 17,132 17,132 0 235 235 Unallocated 671 Total $ 15,734 $ 1,549,115 $ 1,564,849 $ 740 $ 12,126 $ 13,537
Summary of information related to impaired loans	(In Thousands) June 30, 2022 December 31, 2021 Unpaid Unpaid Principal Recorded Related Principal Recorded Related Balance Investment Allowance Balance Investment Allowance With no related allowance recorded: Commercial loans secured by real estate $ 5,807 $ 3,948 $ 0 $ 6,600 $ 4,458 $ 0 Commercial and industrial 2,145 374 0 5,213 2,431 0 Residential mortgage loans - first liens 762 648 0 656 630 0 Residential mortgage loans - junior liens 75 30 0 124 14 0 Home equity lines of credit 69 69 0 0 0 0 Loans secured by farmland 79 79 0 83 83 0 Agricultural loans 60 60 0 0 0 0 Construction and other land loans 47 47 0 0 0 0 Multi-family (5 or more) residential 0 0 0 2,734 1,578 0 Total with no related allowance recorded 9,044 5,255 0 15,410 9,194 0 With a related allowance recorded: Commercial loans secured by real estate 3,392 3,392 427 6,468 6,468 668 Commercial and industrial 0 0 0 72 72 72 Total with a related allowance recorded 3,392 3,392 427 6,540 6,540 740 Total $ 12,436 $ 8,647 $ 427 $ 21,950 $ 15,734 $ 740
Schedule of average balance of impaired loans and interest income recognized on impaired loans	(In Thousands) Interest Income Recognized on Average Investment in Impaired Loans Impaired Loans on a Cash Basis Three Months Ended Six Months Ended Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 2022 2021 2022 2021 Commercial: Commercial loans secured by real estate $ 8,967 $ 12,022 $ 9,851 $ 12,137 $ 165 $ 85 $ 340 $ 229 Commercial and industrial 519 2,754 1,073 1,927 6 9 203 21 Commercial construction and land 47 0 47 0 0 0 1 0 Loans secured by farmland 80 84 81 84 0 0 0 1 Multi-family (5 or more) residential 0 1,578 395 1,587 0 30 1,156 91 Agricultural loans 60 67 61 68 0 1 2 3 Total commercial 9,673 16,505 11,508 15,803 171 125 1,702 345 Residential mortgage: Residential mortgage loans - first lien 585 1,717 575 2,084 5 20 12 57 Residential mortgage loans - junior lien 33 430 35 433 3 4 6 9 Home equity lines of credit 34 0 17 0 1 0 2 0 Total residential mortgage 652 2,147 627 2,517 9 24 20 66 Total $ 10,325 $ 18,652 $ 12,135 $ 18,320 $ 180 $ 149 $ 1,722 $ 411
Schedule of breakdown by portfolio segment and class of non accrual loans	(In Thousands) June 30, 2022 December 31, 2021 Past Due Past Due 90+ Days and 90+ Days and Accruing Nonaccrual Accruing Nonaccrual Commercial: Commercial loans secured by real estate $ 1,215 $ 7,350 $ 738 $ 10,885 Commercial and industrial 62 306 30 2,299 Commercial construction and land 0 47 0 48 Loans secured by farmland 0 79 28 83 Multi-family (5 or more) residential 0 0 0 1,578 Agricultural loans 60 0 65 0 Total commercial 1,337 7,782 861 14,893 Residential mortgage: Residential mortgage loans - first liens 1,153 3,687 1,144 4,005 Residential mortgage loans - junior liens 64 0 69 3 Home equity lines of credit 113 125 102 82 Total residential mortgage 1,330 3,812 1,315 4,090 Consumer 27 48 43 16 Totals $ 2,694 $ 11,642 $ 2,219 $ 18,999
Summary of the contractual aging of loans	(In Thousands) As of June 30, 2022 As of December 31, 2021 Current & Current & Past Due Past Due Past Due Past Due Past Due Past Due Less than 30-89 90+ Less than 30-89 90+ 30 Days Days Days Total 30 Days Days Days Total Commercial: Commercial loans secured by real estate $ 652,741 $ 1,984 $ 2,167 $ 656,892 $ 563,658 $ 762 $ 5,420 $ 569,840 Commercial and industrial 171,492 381 126 171,999 158,188 72 813 159,073 Paycheck Protection Program - 1st Draw 44 0 0 44 1,339 17 0 1,356 Paycheck Protection Program - 2nd Draw 6,208 0 0 6,208 25,508 0 0 25,508 Political subdivisions 87,512 0 0 87,512 81,301 0 0 81,301 Commercial construction and land 58,542 197 47 58,786 60,509 70 0 60,579 Loans secured by farmland 12,629 259 79 12,967 11,010 0 111 11,121 Multi-family (5 or more) residential 53,753 0 0 53,753 48,532 0 1,557 50,089 Agricultural loans 2,568 0 60 2,628 2,279 7 65 2,351 Other commercial loans 15,767 0 0 15,767 17,153 0 0 17,153 Total commercial 1,061,256 2,821 2,479 1,066,556 969,477 928 7,966 978,371 Residential mortgage: Residential mortgage loans - first liens 476,500 3,009 2,996 482,505 475,637 5,038 2,954 483,629 Residential mortgage loans - junior liens 22,939 33 64 23,036 23,229 16 69 23,314 Home equity lines of credit 40,198 489 200 40,887 38,830 279 143 39,252 1-4 Family residential construction 26,071 0 0 26,071 23,151 0 0 23,151 Total residential mortgage 565,708 3,531 3,260 572,499 560,847 5,333 3,166 569,346 Consumer 18,422 52 75 18,549 17,001 72 59 17,132 Totals $ 1,645,386 $ 6,404 $ 5,814 $ 1,657,604 $ 1,547,325 $ 6,333 $ 11,191 $ 1,564,849
Summary of the contractual aging of nonaccrual loans	(In Thousands) Current & Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Total June 30, 2022 Nonaccrual Totals $ 7,200 $ 1,322 $ 3,120 $ 11,642 December 31, 2021 Nonaccrual Totals $ 8,800 $ 1,227 $ 8,972 $ 18,999
Summary of troubled debt restructurings	(In Thousands) Current & Past Due Past Due Past Due Less than 30-89 90+ 30 Days Days Days Nonaccrual Total June 30, 2022 Totals $ 192 $ 47 $ 94 $ 3,871 $ 4,204 December 31, 2021 Totals $ 248 $ 40 $ 65 $ 5,452 $ 5,805
Schedule of loan modifications considered as TDRs	(Balances in Thousands) Six Months Ended Six Months Ended June 30, 2022 June 30, 2021 Number Number of Recorded of Recorded Loans Investment Loans Investment Commercial loans secured by real estate 0 $ 0 1 $ 3,392 Total 0 $ 0 1 $ 3,392
Schedule of carrying amount of foreclosed residential real estate properties	(In Thousands) June 30, December 31, 2022 2021 Foreclosed residential real estate $ 230 $ 256
Schedule of mortgage loans secured by residential real properties	(In Thousands) June 30, December 31, 2022 2021 Residential real estate in process of foreclosure $ 1,044 $ 1,260
Troubled Debt Restructuring
LOANS
Summary of troubled debt restructurings	(Balances in Thousands) Three Months Ended Three Months Ended June 30, 2022 June 30, 2021 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens, Reduced monthly payments for a fifteen-month period 0 $ 0 1 $ 116 Total 0 $ 0 1 $ 116 Six Months Ended Six Months Ended (Balances in Thousands) June 30, 2022 June 30, 2021 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens: Reduced monthly payments and extended maturity date 0 $ 0 1 $ 12 Reduced monthly payments for a fifteen-month period 0 0 1 116 Home equity lines of credit, Reduced monthly payments and extended maturity date 0 0 1 24 Total 0 $ 0 3 $ 152

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	6 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	Jun. 30, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS
Schedule of core deposit intangibles	(In Thousands) June 30, December 31, 2022 2021 Gross amount $ 6,639 $ 6,639 Accumulated amortization (3,542) (3,323) Net $ 3,097 $ 3,316
Schedule of amortization expense related to core deposit intangibles is included in other noninterest expense in the consolidated statements of income	(In Thousands) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2022 2021 2022 2021 Amortization expense $ 109 $ 134 $ 219 $ 268

BORROWED FUNDS (Tables)

BORROWED FUNDS (Tables)	6 Months Ended
BORROWED FUNDS (Tables)	Jun. 30, 2022
BORROWED FUNDS
Schedule of short term borrowings	(In Thousands) June 30, December 31, 2022 2021 FHLB-Pittsburgh borrowings $ 88,500 $ 0 Customer repurchase agreements 1,542 1,803 Total short-term borrowings $ 90,042 $ 1,803
Schedule of long term borrowings	(In Thousands) June 30, December 31, 2022 2021 Loans maturing in 2022 with a weighted-average rate of 0.61% $ 4,031 $ 15,452 Loans maturing in 2023 with a weighted-average rate of 1.35% 9,356 7,119 Loans maturing in 2024 with a weighted-average rate of 2.76% 23,081 5,099 Loan maturing in 2025 with a rate of 4.91% 323 372 Total long-term FHLB-Pittsburgh borrowings $ 36,791 $ 28,042
Schedule of outstanding senior notes	(In Thousands) June 30, December 31, 2022 2021 Senior Notes with an aggregate par value of $15,000,000; bearing interest at 2.75% with an effective interest rate of 3.23%; maturing in June 2026 $ 14,733 $ 14,701 Total carrying value $ 14,733 $ 14,701
Schedule of outstanding subordinated debt	(In Thousands) June 30, December 31, 2022 2021 Agreements with an aggregate par value of $6,500,000; bearing interest at 6.50%; maturing in April 2027 and redeemed at par in April 2022 $ 0 $ 6,500 Agreement with a par value of $2,000,000; bearing interest at 6.50% with an effective interest rate of 5.60%; maturing in July 2027 and redeemed at par in June 2022 0 2,008 Agreements with a par value of $25,000,000; bearing interest at 3.25% with an effective interest rate of 3.74% ; maturing in June 2031 and redeemable at par in June 2026 24,553 24,501 Total carrying value $ 24,553 $ 33,009

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS (Tables)	6 Months Ended
STOCK-BASED COMPENSATION PLANS (Tables)	Jun. 30, 2022
STOCK-BASED COMPENSATION PLANS
Summary of restricted stock awards granted	(Dollars in Thousands) Aggregate Grant Date Number of Fair Shares Value 1st quarter 2022 awards: Time-based awards to independent directors 9,588 $ 240 Time-based awards to employees 51,638 1,293 Performance-based awards to employees 17,017 426 Total 78,243 $ 1,959

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	Jun. 30, 2022
DERIVATIVE FINANCIAL INSTRUMENTS
Summary of fair value of the Corporation's derivative financial instruments as well as their classification on the consolidated balance sheet	(In Thousands) At June 30, 2022 At December 31, 2021 Asset Derivatives Liability Derivatives Asset Derivatives Liability Derivatives Notional Fair Notional Fair Notional Fair Notional Fair Amount Value (1) Amount Value (2) Amount Value (1) Amount Value (2) Interest rate swap agreements $ 57,525 $ 1,619 $ 57,525 $ 1,619 $ 61,547 $ 3,104 $ 61,547 $ 3,104 (1) Included in other assets in the consolidated balance sheets. (2) Included in accrued interest and other liabilities in the consolidated balance sheets.

FAIR VALUE MEASUREMENTS AND F_2

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2022
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS
Schedule of assets measured at fair value and the valuation methods used	June 30, 2022 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements, assets: AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of the U.S. Treasury $ 35,774 $ 0 $ 0 $ 35,774 Obligations of U.S. Government agencies 0 22,785 0 22,785 Bank holding company debt securities 0 27,415 0 27,415 Obligations of states and political subdivisions: Tax-exempt 0 139,400 0 139,400 Taxable 0 63,898 0 63,898 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 106,043 0 106,043 Residential collateralized mortgage obligations 0 44,761 0 44,761 Commercial mortgage-backed securities 0 86,761 0 86,761 Total available-for-sale debt securities 35,774 491,063 0 526,837 Marketable equity security 895 0 0 895 Servicing rights 0 0 2,640 2,640 Interest rate swap agreements, assets 0 1,619 0 1,619 Total recurring fair value measurements, assets $ 36,669 $ 492,682 $ 2,640 $ 531,991 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 1,619 $ 0 $ 1,619 Nonrecurring fair value measurements, assets: Impaired loans, net $ 0 $ 0 $ 2,965 $ 2,965 Foreclosed assets held for sale 0 0 505 505 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 3,470 $ 3,470 December 31, 2021 Quoted Prices Other in Active Observable Unobservable Total Markets Inputs Inputs Fair (In Thousands) (Level 1) (Level 2) (Level 3) Value Recurring fair value measurements, assets: AVAILABLE-FOR-SALE DEBT SECURITIES: Obligations of the U.S. Treasury $ 24,912 $ 0 $ 0 $ 24,912 Obligations of U.S. Government agencies 0 24,091 0 24,091 Bank holding company debt securities 0 17,987 0 17,987 Obligations of states and political subdivisions: Tax-exempt 0 148,028 0 148,028 Taxable 0 72,765 0 72,765 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 98,181 0 98,181 Residential collateralized mortgage obligations 0 44,247 0 44,247 Commercial mortgage-backed securities 0 87,468 0 87,468 Total available-for-sale debt securities 24,912 492,767 0 517,679 Marketable equity security 971 0 0 971 Servicing rights 0 0 2,329 2,329 Interest rate swap agreements, assets 0 3,104 0 3,104 Total recurring fair value measurements, assets $ 25,883 $ 495,871 $ 2,329 $ 524,083 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 3,104 $ 0 $ 3,104 Nonrecurring fair value measurements, assets: Impaired loans, net $ 0 $ 0 $ 5,800 $ 5,800 Foreclosed assets held for sale 0 0 684 684 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 6,484 $ 6,484
Schedule of reconciliation of level 3 activity	(In Thousands) Three Months Ended Six Months Ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Servicing rights balance, beginning of period $ 2,429 $ 1,956 $ 2,329 $ 1,689 Originations of servicing rights 61 199 159 391 Unrealized gain (loss) included in earnings 150 (39) 152 36 Servicing rights balance, end of period $ 2,640 $ 2,116 $ 2,640 $ 2,116
Schedule of estimated fair values, and carrying amounts of financial instruments not recorded at fair value	(In Thousands) Fair Value June 30, 2022 December 31, 2021 Hierarchy Carrying Fair Carrying Fair Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 60,337 $ 60,337 $ 95,848 $ 95,848 Certificates of deposit Level 2 8,850 8,532 9,100 9,142 Restricted equity securities (included in Other Assets) Level 2 13,693 13,693 9,562 9,562 Loans, net Level 3 1,643,057 1,640,553 1,551,312 1,573,955 Accrued interest receivable Level 2 7,740 7,740 7,235 7,235 Financial liabilities: Deposits with no stated maturity Level 2 1,665,866 1,665,866 1,639,167 1,639,167 Time deposits Level 2 298,404 298,432 285,893 286,962 Short-term borrowings Level 2 90,042 89,720 1,803 1,603 Long-term borrowings Level 2 36,791 36,524 28,042 28,347 Senior debt Level 2 14,733 12,355 14,701 15,016 Subordinated debt Level 2 24,553 20,639 33,009 33,171 Accrued interest payable Level 2 179 179 205 205
Recurring fair value measurements
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS
Schedule of inputs and valuation techniques	Fair Value at 6/30/2022 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 6/30/2022 Servicing rights $ 2,640 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 152.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs Fair Value at 12/31/2021 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/2021 Servicing rights $ 2,329 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 209.00 % Weighted-average PSA Servicing fees 0.25 % of loan balances 4.00 % of payments are late 5.00 % late fees assessed $ 1.94 Miscellaneous fees per account per month Servicing costs $ 6.00 Monthly servicing cost per account $ 24.00 Additional monthly servicing cost per loan on loans more than 30 days delinquent 1.50 % of loans more than 30 days delinquent 3.00 % annual increase in servicing costs
Nonrecurring fair value measurements
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS
Schedule of inputs and valuation techniques	(Dollars In Thousands) Weighted Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 6/30/2022 6/30/2022 6/30/2022 Technique Inputs 6/30/2022 Impaired loans: Commercial: Commercial loans secured by real estate $ 3,392 $ 427 $ 2,965 Sales comparison Discount to appraised value 25 % Total impaired loans $ 3,392 $ 427 $ 2,965 Foreclosed assets held for sale - real estate: Commercial real estate $ 275 $ 0 $ 275 Sales comparison Discount to appraised value 50 % Residential (1-4 family) 230 0 230 Sales comparison Discount to appraised value 50 % Total foreclosed assets held for sale $ 505 $ 0 $ 505 (Dollars In Thousands) Weighted Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/2021 12/31/2021 12/31/2021 Technique Inputs 12/31/2021 Impaired loans: Commercial: Commercial loans secured by real estate $ 6,468 $ 668 $ 5,800 Sales comparison Discount to appraised value 27 % Commercial and industrial 72 72 0 Liquidation of assets Discount to appraised value 100 % Total impaired loans $ 6,540 $ 740 $ 5,800 Foreclosed assets held for sale - real estate: Commercial real estate $ 428 $ 0 $ 428 Sales comparison Discount to appraised value 50 % Residential (1-4 family) 256 0 256 Sales comparison Discount to appraised value 53 % Total foreclosed assets held for sale $ 684 $ 0 $ 684

PER SHARE DATA (Details)

PER SHARE DATA (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Basic
Net income	$ 7,489	$ 7,060	$ 14,384	$ 15,847
Less: Dividends and undistributed earnings allocated to participating securities	(70)	(61)	(130)	(126)
Net income attributable to common shares	$ 7,419	$ 6,999	$ 14,254	$ 15,721
Basic weighted-average common shares outstanding (in shares)	15,441,564	15,868,150	15,542,959	15,859,236
Basic earnings per common share (in dollars per share)	$ 0.48	$ 0.44	$ 0.92	$ 0.99
Diluted
Net income attributable to common shares	$ 7,419	$ 6,999	$ 14,254	$ 15,721
Basic weighted-average common shares outstanding (in shares)	15,441,564	15,868,150	15,542,959	15,859,236
Dilutive effect of potential common stock arising from stock options (in shares)	3,009	6,833	3,360	5,922
Diluted weighted-average common shares outstanding (in shares)	15,444,573	15,874,983	15,546,319	15,865,158
Diluted earnings per common share (in dollars per share)	$ 0.48	$ 0.44	$ 0.92	$ 0.99
Weighted-average nonvested restricted shares outstanding (in shares)	145,132	136,711	141,656	127,627
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	0	0	0

COMPREHENSIVE (LOSS) INCOME - C

COMPREHENSIVE (LOSS) INCOME - Components (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
COMPREHENSIVE (LOSS) INCOME
Unrealized holding gains (losses) on available-for-sale debt securities, Before-Tax Amount	$ (20,018)	$ 2,941	$ (52,043)	$ (3,173)
Unrealized holding gains (losses) on available-for-sale debt securities, Income Tax Effect	4,202	(619)	10,928	666
Unrealized holding income gains (losses) on available-for-sale debt securities, Net of Tax Amount	(15,816)	2,322	(41,115)	(2,507)
Reclassification adjustment for (gains) losses realized in income, Before-Tax Amount	1	(2)	(1)	(2)
Reclassification adjustment for (gains) losses realized in income, Income Tax Effect	0	0	0	0
Reclassification adjustment for (gains) losses realized in income. Net of Tax Amount	1	(2)	(1)	(2)
Other comprehensive income (loss) from available-for-sale debt securities, Before-Tax Amount	(20,017)	2,939	(52,044)	(3,175)
Other comprehensive income (loss) on available-for-sale debt securities, income tax effect	4,202	(619)	10,928	666
Other comprehensive income (loss) from available-for-sale debt securities, Net-of-Tax Amount	(15,815)	2,320	(41,116)	(2,509)
Changes from plan amendments and actuarial gains and losses, Before-Tax Amount	0	0	133	(5)
Changes from plan amendments and actuarial gains and losses, Income Tax Effect			(27)	1
Changes from plan amendments and actuarial gains and losses, Net-of-Tax Amount			106	(4)
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost, Before-Tax Amount	(11)	(4)	(22)	(8)
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost, Income Tax Effect	2	1	4	2
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost, Net-of-Tax Amount	(9)	(3)	(18)	(6)
Other comprehensive (loss) income on pension and postretirement obligations	(11)	(4)	111	(13)
Other comprehensive income (loss) on unfunded retirement obligations, Income Tax Effect	2	1	(23)	3
Other comprehensive income (loss) on unfunded retirement obligations, Net-of-Tax Amount	(9)	(3)	88	(10)
Total other comprehensive (loss) income before income tax	(20,028)	2,935	(51,933)	(3,188)
Total other comprehensive income (loss), Income Tax Effect	4,204	(618)	10,905	669
Total other comprehensive income (loss), Net-of-Tax Amount	$ (15,824)	$ 2,317	$ (41,028)	$ (2,519)

COMPREHENSIVE (LOSS) INCOME -_2

COMPREHENSIVE (LOSS) INCOME - Changes of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Balance, beginning of period	$ 276,208	$ 300,056	$ 301,405	$ 299,756
Other comprehensive (loss) income	(15,824)	2,317	(41,028)	(2,519)
Balance, end of period	258,619	304,133	258,619	304,133
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent
Balance, beginning of period	(20,492)	6,847	4,809	11,676
Other comprehensive (loss) income	(15,815)	2,320	(41,116)	(2,509)
Balance, end of period	(36,307)	9,167	(36,307)	9,167
Accumulated Defined Benefit Plans Adjustment Attributable to Parent
Balance, beginning of period	314	112	217	119
Other comprehensive (loss) income	(9)	(3)	88	(10)
Balance, end of period	305	109	305	109
Accumulated Other Comprehensive Income
Balance, beginning of period	(20,178)	6,959	5,026	11,795
Other comprehensive (loss) income	(15,824)	2,317	(41,028)	(2,519)
Balance, end of period	$ (36,002)	$ 9,276	$ (36,002)	$ 9,276

CASH AND DUE FROM BANKS (Detail

CASH AND DUE FROM BANKS (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
CASH AND DUE FROM BANKS
Cash and cash equivalents	$ 60,337,000	$ 95,848,000
Certificates of deposit	8,850,000	9,100,000
Total cash and due from banks	69,187,000	104,948,000
Cash Reserve Deposit Required and Made	$ 0	$ 0

SECURITIES - Available-for-sale

SECURITIES - Available-for-sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Available-for-sale Securities
Available-for-sale securities, amortized cost	$ 572,794	$ 511,592
Available-for-sale securities, gross unrealized holding gains	540	9,304
Available-for-sale securities, gross unrealized holding losses	(46,497)	(3,217)
Available-for-sale debt securities, fair value	526,837	517,679
Obligations of the U.S. Treasury
Available-for-sale Securities
Available-for-sale securities, amortized cost	38,151	25,058
Available-for-sale securities, gross unrealized holding gains	0	52
Available-for-sale securities, gross unrealized holding losses	(2,377)	(198)
Available-for-sale debt securities, fair value	35,774	24,912
Obligations of U.S. Government agencies
Available-for-sale Securities
Available-for-sale securities, amortized cost	24,454	23,936
Available-for-sale securities, gross unrealized holding gains	0	563
Available-for-sale securities, gross unrealized holding losses	(1,669)	(408)
Available-for-sale debt securities, fair value	22,785	24,091
Bank holding company debt securities
Available-for-sale Securities
Available-for-sale securities, amortized cost	28,942	18,000
Available-for-sale securities, gross unrealized holding gains	0	18
Available-for-sale securities, gross unrealized holding losses	(1,527)	(31)
Available-for-sale debt securities, fair value	27,415	17,987
Obligations Of States And Political Subdivisions Tax Exempt
Available-for-sale Securities
Available-for-sale securities, amortized cost	152,063	143,427
Available-for-sale securities, gross unrealized holding gains	501	4,749
Available-for-sale securities, gross unrealized holding losses	(13,164)	(148)
Available-for-sale debt securities, fair value	139,400	148,028
Obligations Of States And Political Subdivisions Taxable
Available-for-sale Securities
Available-for-sale securities, amortized cost	72,204	72,182
Available-for-sale securities, gross unrealized holding gains	19	1,232
Available-for-sale securities, gross unrealized holding losses	(8,325)	(649)
Available-for-sale debt securities, fair value	63,898	72,765
Residential Passthrough Securities
Available-for-sale Securities
Available-for-sale securities, amortized cost	114,367	98,048
Available-for-sale securities, gross unrealized holding gains	1	705
Available-for-sale securities, gross unrealized holding losses	(8,325)	(572)
Available-for-sale debt securities, fair value	106,043	98,181
Residential Collateralized Mortgage Obligations
Available-for-sale Securities
Available-for-sale securities, amortized cost	47,295	44,015
Available-for-sale securities, gross unrealized holding gains	0	437
Available-for-sale securities, gross unrealized holding losses	(2,534)	(205)
Available-for-sale debt securities, fair value	44,761	44,247
Commercial Mortgage Backed Securities
Available-for-sale Securities
Available-for-sale securities, amortized cost	95,318	86,926
Available-for-sale securities, gross unrealized holding gains	19	1,548
Available-for-sale securities, gross unrealized holding losses	(8,576)	(1,006)
Available-for-sale debt securities, fair value	$ 86,761	$ 87,468

SECURITIES - Available-for-sa_2

SECURITIES - Available-for-sale Securities With Unrealized Loss Positions (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	$ 456,458	$ 230,138
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(41,345)	(2,934)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	30,589	8,682
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(5,152)	(283)
Available-for-sale securities with unrealized loss positions, fair value	487,047	238,820
Available-for-sale securities, with unrealized loss positions, unrealized losses	(46,497)	(3,217)
Obligations of the U.S. Treasury
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	34,823	18,886
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(2,329)	(198)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	951	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(48)	0
Available-for-sale securities with unrealized loss positions, fair value	35,774	18,886
Available-for-sale securities, with unrealized loss positions, unrealized losses	(2,377)	(198)
Obligations of U.S. Government agencies
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	17,194	9,735
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(1,162)	(264)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	5,591	4,856
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(507)	(144)
Available-for-sale securities with unrealized loss positions, fair value	22,785	14,591
Available-for-sale securities, with unrealized loss positions, unrealized losses	(1,669)	(408)
Bank holding company debt securities
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	27,415	12,969
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(1,527)	(31)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	0	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	0	0
Available-for-sale securities with unrealized loss positions, fair value	27,415	12,969
Available-for-sale securities, with unrealized loss positions, unrealized losses	(1,527)	(31)
Obligations Of States And Political Subdivisions Tax Exempt
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	111,623	17,852
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(12,626)	(141)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	3,219	549
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(538)	(7)
Available-for-sale securities with unrealized loss positions, fair value	114,842	18,401
Available-for-sale securities, with unrealized loss positions, unrealized losses	(13,164)	(148)
Obligations Of States And Political Subdivisions Taxable
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	52,067	31,261
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(7,002)	(517)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	5,184	3,277
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(1,323)	(132)
Available-for-sale securities with unrealized loss positions, fair value	57,251	34,538
Available-for-sale securities, with unrealized loss positions, unrealized losses	(8,325)	(649)
Residential Passthrough Securities
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	101,521	71,451
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(7,908)	(572)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	3,468	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(417)	0
Available-for-sale securities with unrealized loss positions, fair value	104,989	71,451
Available-for-sale securities, with unrealized loss positions, unrealized losses	(8,325)	(572)
Residential Collateralized Mortgage Obligations
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	44,621	15,117
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(2,534)	(205)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	0	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	0	0
Available-for-sale securities with unrealized loss positions, fair value	44,621	15,117
Available-for-sale securities, with unrealized loss positions, unrealized losses	(2,534)	(205)
Commercial Mortgage Backed Securities
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	67,194	52,867
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(6,257)	(1,006)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	12,176	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(2,319)	0
Available-for-sale securities with unrealized loss positions, fair value	79,370	52,867
Available-for-sale securities, with unrealized loss positions, unrealized losses	$ (8,576)	$ (1,006)

SECURITIES - Gross Realized Gai

SECURITIES - Gross Realized Gains and Losses From Available-for-sale Debt Securities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
SECURITIES
Gross realized gains from sales	$ 2	$ 4	$ 4	$ 4
Gross realized losses from sales	(3)	(2)	(3)	(2)
Net realized (losses) gains	$ (1)	$ 2	$ 1	$ 2

SECURITIES - Available-for-sa_3

SECURITIES - Available-for-sale Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Available-for-sale Securities
Due in one year or less, amortized cost	$ 15,872
Due in one year or less, fair value	15,795
Due from one year through five years. amortized cost	75,486
Due from one year through five years, fair value	72,612
Due from five years through ten years, amortized cost	92,369
Due from five years through ten years, fair value	86,353
Due after ten years, amortized cost	132,087
Due after ten years, fair value	114,512
Sub-total, amortized cost	315,814
Sub-total, fair value	289,272
Total, amortized cost	572,794	$ 511,592
Total, fair value	526,837	517,679
Residential Passthrough Securities
Available-for-sale Securities
Total, amortized cost	114,367	98,048
Total, fair value	106,043	98,181
Residential Collateralized Mortgage Obligations
Available-for-sale Securities
Total, amortized cost	47,295	44,015
Total, fair value	44,761	44,247
Commercial Mortgage Backed Securities
Available-for-sale Securities
Total, amortized cost	95,318	86,926
Total, fair value	$ 86,761	$ 87,468

SECURITIES - Collateral (Detail

SECURITIES - Collateral (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Investment Securities [Member]
SECURITIES
Investment pledged as collateral	$ 243,298,000	$ 241,428,000

SECURITIES - Debt Securities (D

SECURITIES - Debt Securities (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
SECURITIES
Unrealized gain (loss)	$ (45,957,000)	$ 6,087,000
Unrealized gain (loss), as percent to amortized cost	(8.00%)	1.20%

SECURITIES - Equity Securities

SECURITIES - Equity Securities (Details)	6 Months Ended	12 Months Ended
SECURITIES - Equity Securities (Details)	Jun. 30, 2022 USD ($) security	Dec. 31, 2021 USD ($) security
Mutual Fund
Equity Securities
Number of mutual funds \| security	1	1
Net gains recognized during the period on equity securities	$ 105,000	$ 29,000
Other Assets
Equity Securities
Marketable equity security	895,000	971,000
Other Assets \| Federal Home Loan Bank of Pittsburgh
Equity Securities
Federal Home Loan Bank Stock	$ 13,443,000	$ 9,313,000

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
LOANS
Loans receivable	$ 1,657,604		$ 1,564,849
Allowance for loan losses	(14,547)	$ (14,271)	(13,537)	$ (12,375)	$ (11,661)	$ (11,385)
Loans, net	1,643,057		1,551,312
Commercial
LOANS
Loans receivable	1,066,556		978,371
Allowance for loan losses	(8,894)	(8,922)	(8,293)	(7,118)	(6,564)	(6,308)
Commercial \| Real estate loan
LOANS
Loans receivable	656,892		569,840
Allowance for loan losses	(4,982)	(5,017)	(4,405)	(3,452)	(3,350)	(3,051)
Commercial \| Commercial and industrial
LOANS
Loans receivable	171,999		159,073
Allowance for loan losses	(2,792)	(2,841)	(2,723)	(2,781)	(2,187)	(2,245)
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	44		1,356
Allowance for loan losses	0		0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	6,208		25,508
Allowance for loan losses	0		0
Commercial \| Political subdivisions
LOANS
Loans receivable	87,512		81,301
Allowance for loan losses	0		0
Commercial \| Construction Loans
LOANS
Loans receivable	58,786		60,579
Commercial \| Commercial Construction And Land
LOANS
Loans receivable	58,786		60,579
Allowance for loan losses	(515)	(391)	(637)	(452)	(476)	(454)
Commercial \| Loans secured by farm land
LOANS
Loans receivable	12,967		11,121
Allowance for loan losses	(112)	(129)	(115)	(113)	(111)	(120)
Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	53,753		50,089
Allowance for loan losses	(339)	(367)	(215)	(150)	(255)	(236)
Commercial \| Agricultural loans
LOANS
Loans receivable	2,628		2,351
Allowance for loan losses	(23)	(27)	(25)	(25)	(26)	(34)
Commercial \| Other commercial loans
LOANS
Loans receivable	15,767		17,153
Allowance for loan losses	(131)	(150)	(173)	(145)	(159)	(168)
Residential mortgage
LOANS
Loans receivable	572,499		569,346
Allowance for loan losses	(4,392)	(4,445)	(4,338)	(4,355)	(4,200)	(4,253)
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	482,505		483,629
Allowance for loan losses	(3,689)	(3,810)	(3,650)	(3,536)	(3,507)	(3,524)
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	23,036		23,314
Allowance for loan losses	(180)	(181)	(184)	(327)	(334)	(349)
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	40,887		39,252
Allowance for loan losses	(308)	(306)	(302)	(294)	(281)	(281)
Residential mortgage \| 1-4 Family residential construction
LOANS
Loans receivable	26,071		23,151
Allowance for loan losses	(215)	(148)	(202)	(198)	(78)	(99)
Consumer
LOANS
Loans receivable	18,549		17,132
Allowance for loan losses	$ (261)	$ (237)	$ (235)	$ (231)	$ (220)	$ (239)

LOANS - Adjustments to Initial

LOANS - Adjustments to Initial Discounts and Carrying Amounts of Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Market Rate Adjustment
LOANS
Adjustments to gross amortized cost of loans at beginning of period	$ (885)	$ 352	$ (637)	$ 718
Accretion (amortization) recognized in interest income	19	(357)	(229)	(723)
Adjustments to gross amortized cost of loans at end of period	(866)	(5)	(866)	(5)
Credit Adjustment on Non-impaired Loans
LOANS
Adjustments to gross amortized cost of loans at beginning of period	(2,782)	(5,182)	(3,335)	(5,979)
Accretion (amortization) recognized in interest income	379	680	932	1,477
Adjustments to gross amortized cost of loans at end of period	$ (2,403)	$ (4,502)	$ (2,403)	$ (4,502)

LOANS - Summary of PCI Loans He

LOANS - Summary of PCI Loans Held (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
LOANS
Outstanding balance	$ 5,766	$ 9,802
Carrying amount	$ 3,879	$ 6,558

LOANS - Allowance for Loan Loss

LOANS - Allowance for Loan Losses (Details) - USD ($)	3 Months Ended		6 Months Ended
LOANS - Allowance for Loan Losses (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
LOANS
Allowance for Loan losses	$ 14,271,000	$ 11,661,000	$ 13,537,000	$ 11,385,000
Allowance for Loan losses, Charge-offs	(41,000)	(47,000)	(221,000)	(58,000)
Allowance for Loan losses, Recoveries	9,000	17,000	32,000	45,000
Allowance for Loan losses, Provision (Credit)	308,000	744,000	1,199,000	1,003,000
Allowance for Loan losses	14,547,000	12,375,000	14,547,000	12,375,000
Commercial
LOANS
Allowance for Loan losses	8,922,000	6,564,000	8,293,000	6,308,000
Allowance for Loan losses, Charge-offs	0	0	(150,000)	0
Allowance for Loan losses, Recoveries	0	2,000	0	16,000
Allowance for Loan losses, Provision (Credit)	(28,000)	552,000	751,000	794,000
Allowance for Loan losses	8,894,000	7,118,000	8,894,000	7,118,000
Commercial \| Real estate loan
LOANS
Allowance for Loan losses	5,017,000	3,350,000	4,405,000	3,051,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	2,000	0	2,000
Allowance for Loan losses, Provision (Credit)	(35,000)	100,000	577,000	399,000
Allowance for Loan losses	4,982,000	3,452,000	4,982,000	3,452,000
Commercial \| Commercial and industrial
LOANS
Allowance for Loan losses	2,841,000	2,187,000	2,723,000	2,245,000
Allowance for Loan losses, Charge-offs	0	0	(150,000)	0
Allowance for Loan losses, Recoveries	0	0	0	14,000
Allowance for Loan losses, Provision (Credit)	(49,000)	594,000	219,000	522,000
Allowance for Loan losses	2,792,000	2,781,000	2,792,000	2,781,000
Commercial \| Commercial Construction And Land
LOANS
Allowance for Loan losses	391,000	476,000	637,000	454,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	0	0	0
Allowance for Loan losses, Provision (Credit)	124,000	(24,000)	(122,000)	(2,000)
Allowance for Loan losses	515,000	452,000	515,000	452,000
Commercial \| Loans secured by farm land
LOANS
Allowance for Loan losses	129,000	111,000	115,000	120,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	0	0	0
Allowance for Loan losses, Provision (Credit)	(17,000)	2,000	(3,000)	(7,000)
Allowance for Loan losses	112,000	113,000	112,000	113,000
Commercial \| Multi-family (5 or more) residential
LOANS
Allowance for Loan losses	367,000	255,000	215,000	236,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	0	0	0
Allowance for Loan losses, Provision (Credit)	(28,000)	(105,000)	124,000	(86,000)
Allowance for Loan losses	339,000	150,000	339,000	150,000
Commercial \| Agricultural loans
LOANS
Allowance for Loan losses	27,000	26,000	25,000	34,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	0	0	0
Allowance for Loan losses, Provision (Credit)	(4,000)	(1,000)	(2,000)	(9,000)
Allowance for Loan losses	23,000	25,000	23,000	25,000
Commercial \| Other commercial loans
LOANS
Allowance for Loan losses	150,000	159,000	173,000	168,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	0	0	0
Allowance for Loan losses, Provision (Credit)	(19,000)	(14,000)	(42,000)	(23,000)
Allowance for Loan losses	131,000	145,000	131,000	145,000
Residential mortgage
LOANS
Allowance for Loan losses	4,445,000	4,200,000	4,338,000	4,253,000
Allowance for Loan losses, Charge-offs	0	(11,000)	0	(11,000)
Allowance for Loan losses, Recoveries	1,000	2,000	17,000	4,000
Allowance for Loan losses, Provision (Credit)	(54,000)	164,000	37,000	109,000
Allowance for Loan losses	4,392,000	4,355,000	4,392,000	4,355,000
Residential mortgage \| Real estate loan \| first liens
LOANS
Allowance for Loan losses	3,810,000	3,507,000	3,650,000	3,524,000
Allowance for Loan losses, Charge-offs	0	(11,000)	0	(11,000)
Allowance for Loan losses, Recoveries	1,000	1,000	2,000	2,000
Allowance for Loan losses, Provision (Credit)	(122,000)	39,000	37,000	21,000
Allowance for Loan losses	3,689,000	3,536,000	3,689,000	3,536,000
Residential mortgage \| Real estate loan \| junior liens
LOANS
Allowance for Loan losses	181,000	334,000	184,000	349,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	0	0	0
Allowance for Loan losses, Provision (Credit)	(1,000)	(7,000)	(4,000)	(22,000)
Allowance for Loan losses	180,000	327,000	180,000	327,000
Residential mortgage \| Home equity lines of credit
LOANS
Allowance for Loan losses	306,000	281,000	302,000	281,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	1,000	15,000	2,000
Allowance for Loan losses, Provision (Credit)	2,000	12,000	(9,000)	11,000
Allowance for Loan losses	308,000	294,000	308,000	294,000
Residential mortgage \| 1-4 Family residential construction
LOANS
Allowance for Loan losses	148,000	78,000	202,000	99,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	0	0	0
Allowance for Loan losses, Provision (Credit)	67,000	120,000	13,000	99,000
Allowance for Loan losses	215,000	198,000	215,000	198,000
Consumer
LOANS
Allowance for Loan losses	237,000	220,000	235,000	239,000
Allowance for Loan losses, Charge-offs	(41,000)	(36,000)	(71,000)	(47,000)
Allowance for Loan losses, Recoveries	8,000	13,000	15,000	25,000
Allowance for Loan losses, Provision (Credit)	57,000	34,000	82,000	14,000
Allowance for Loan losses	261,000	231,000	261,000	231,000
Unallocated
LOANS
Allowance for Loan losses	667,000	677,000	671,000	585,000
Allowance for Loan losses, Charge-offs	0	0	0	0
Allowance for Loan losses, Recoveries	0	0	0	0
Allowance for Loan losses, Provision (Credit)	333,000	(6,000)	329,000	86,000
Allowance for Loan losses	$ 1,000,000	$ 671,000	$ 1,000,000	$ 671,000

LOANS - Outstanding Loans by Ri

LOANS - Outstanding Loans by Risk Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
LOANS
Loans receivable	$ 1,657,604	$ 1,564,849
Purchased Credit Impaired
LOANS
Loans receivable	3,879	6,558
Commercial
LOANS
Loans receivable	1,066,556	978,371
Commercial \| Purchased Credit Impaired
LOANS
Loans receivable	3,811	6,485
Commercial \| Real estate loan
LOANS
Loans receivable	656,892	569,840
Commercial \| Real estate loan \| Purchased Credit Impaired
LOANS
Loans receivable	3,775	4,144
Commercial \| Commercial and industrial
LOANS
Loans receivable	171,999	159,073
Commercial \| Commercial and industrial \| Purchased Credit Impaired
LOANS
Loans receivable	36	763
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	44	1,356
Commercial \| Paycheck Protection Program - 1st Draw \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	6,208	25,508
Commercial \| Paycheck Protection Program - 2nd Draw \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Political subdivisions
LOANS
Loans receivable	87,512	81,301
Commercial \| Political subdivisions \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Commercial Construction And Land
LOANS
Loans receivable	58,786	60,579
Commercial \| Commercial Construction And Land \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Construction Loans
LOANS
Loans receivable	58,786	60,579
Commercial \| Loans secured by farm land
LOANS
Loans receivable	12,967	11,121
Commercial \| Loans secured by farm land \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	53,753	50,089
Commercial \| Multi-family (5 or more) residential \| Purchased Credit Impaired
LOANS
Loans receivable	0	1,578
Commercial \| Agricultural loans
LOANS
Loans receivable	2,628	2,351
Commercial \| Agricultural loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Other commercial loans
LOANS
Loans receivable	15,767	17,153
Commercial \| Other commercial loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Residential mortgage
LOANS
Loans receivable	572,499	569,346
Residential mortgage \| Purchased Credit Impaired
LOANS
Loans receivable	68	73
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	482,505	483,629
Residential mortgage \| Real estate loan \| first liens \| Purchased Credit Impaired
LOANS
Loans receivable	68	70
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	23,036	23,314
Residential mortgage \| Real estate loan \| junior liens \| Purchased Credit Impaired
LOANS
Loans receivable	0	3
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	40,887	39,252
Residential mortgage \| Home equity lines of credit \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Residential mortgage \| 1-4 Family residential construction
LOANS
Loans receivable	26,071	23,151
Residential mortgage \| 1-4 Family residential construction \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Consumer
LOANS
Loans receivable	18,549	17,132
Consumer \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Pass
LOANS
Loans receivable	1,599,927	1,497,176
Pass \| Commercial
LOANS
Loans receivable	1,024,549	926,323
Pass \| Commercial \| Real estate loan
LOANS
Loans receivable	631,192	538,966
Pass \| Commercial \| Commercial and industrial
LOANS
Loans receivable	159,902	142,775
Pass \| Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	44	1,356
Pass \| Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	6,208	25,508
Pass \| Commercial \| Political subdivisions
LOANS
Loans receivable	87,512	81,301
Pass \| Commercial \| Commercial Construction And Land
LOANS
Loans receivable	58,025	59,816
Pass \| Commercial \| Loans secured by farm land
LOANS
Loans receivable	10,999	10,011
Pass \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	52,891	47,638
Pass \| Commercial \| Agricultural loans
LOANS
Loans receivable	2,009	1,802
Pass \| Commercial \| Other commercial loans
LOANS
Loans receivable	15,767	17,150
Pass \| Residential mortgage
LOANS
Loans receivable	556,893	553,761
Pass \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	468,054	469,044
Pass \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	22,554	22,914
Pass \| Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	40,214	38,652
Pass \| Residential mortgage \| 1-4 Family residential construction
LOANS
Loans receivable	26,071	23,151
Pass \| Consumer
LOANS
Loans receivable	18,485	17,092
Special Mention
LOANS
Loans receivable	25,038	30,409
Special Mention \| Commercial
LOANS
Loans receivable	17,295	22,255
Special Mention \| Commercial \| Real estate loan
LOANS
Loans receivable	7,558	10,510
Special Mention \| Commercial \| Commercial and industrial
LOANS
Loans receivable	8,370	10,841
Special Mention \| Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	0	0
Special Mention \| Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	0	0
Special Mention \| Commercial \| Political subdivisions
LOANS
Loans receivable	0	0
Special Mention \| Commercial \| Commercial Construction And Land
LOANS
Loans receivable	714	715
Special Mention \| Commercial \| Loans secured by farm land
LOANS
Loans receivable	628	186
Special Mention \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	0	0
Special Mention \| Commercial \| Agricultural loans
LOANS
Loans receivable	25	0
Special Mention \| Commercial \| Other commercial loans
LOANS
Loans receivable	0	3
Special Mention \| Residential mortgage
LOANS
Loans receivable	7,743	8,154
Special Mention \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	7,518	7,981
Special Mention \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	167	114
Special Mention \| Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	58	59
Special Mention \| Residential mortgage \| 1-4 Family residential construction
LOANS
Loans receivable	0	0
Special Mention \| Consumer
LOANS
Loans receivable	0	0
Substandard
LOANS
Loans receivable	28,760	30,706
Substandard \| Commercial
LOANS
Loans receivable	20,901	23,308
Substandard \| Commercial \| Real estate loan
LOANS
Loans receivable	14,367	16,220
Substandard \| Commercial \| Commercial and industrial
LOANS
Loans receivable	3,691	4,694
Substandard \| Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	0	0
Substandard \| Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	0	0
Substandard \| Commercial \| Political subdivisions
LOANS
Loans receivable	0	0
Substandard \| Commercial \| Commercial Construction And Land
LOANS
Loans receivable	47	48
Substandard \| Commercial \| Loans secured by farm land
LOANS
Loans receivable	1,340	924
Substandard \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	862	873
Substandard \| Commercial \| Agricultural loans
LOANS
Loans receivable	594	549
Substandard \| Commercial \| Other commercial loans
LOANS
Loans receivable	0	0
Substandard \| Residential mortgage
LOANS
Loans receivable	7,795	7,358
Substandard \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	6,865	6,534
Substandard \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	315	283
Substandard \| Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	615	541
Substandard \| Residential mortgage \| 1-4 Family residential construction
LOANS
Loans receivable	0	0
Substandard \| Consumer
LOANS
Loans receivable	64	40
Doubtful
LOANS
Loans receivable	0	0
Doubtful \| Commercial
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Real estate loan
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Commercial and industrial
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Political subdivisions
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Commercial Construction And Land
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Loans secured by farm land
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Agricultural loans
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Other commercial loans
LOANS
Loans receivable	0	0
Doubtful \| Residential mortgage
LOANS
Loans receivable	0	0
Doubtful \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	0	0
Doubtful \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	0	0
Doubtful \| Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	0	0
Doubtful \| Residential mortgage \| 1-4 Family residential construction
LOANS
Loans receivable	0	0
Doubtful \| Consumer
LOANS
Loans receivable	$ 0	$ 0

LOANS - Loan Balances and Allow

LOANS - Loan Balances and Allowance for Loan Losses for Each Impairment Method (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
LOANS
Loans receivable: Individually Evaluated	$ 8,647		$ 15,734
Loans receivable: Collectively Evaluated	1,648,957		1,549,115
Loans receivable	1,657,604		1,564,849
Allowance for loan losses: individually evaluated	427		740
Allowance for loan losses: collectively evaluated	13,120		12,126
Allowance for loan losses	14,547	$ 14,271	13,537	$ 12,375	$ 11,661	$ 11,385
Commercial
LOANS
Loans receivable: Individually Evaluated	7,900		15,090
Loans receivable: Collectively Evaluated	1,058,656		963,281
Loans receivable	1,066,556		978,371
Allowance for loan losses: individually evaluated	427		740
Allowance for loan losses: collectively evaluated	8,467		7,553
Allowance for loan losses	8,894	8,922	8,293	7,118	6,564	6,308
Commercial \| Real estate loan
LOANS
Loans receivable: Individually Evaluated	7,340		10,926
Loans receivable: Collectively Evaluated	649,552		558,914
Loans receivable	656,892		569,840
Allowance for loan losses: individually evaluated	427		669
Allowance for loan losses: collectively evaluated	4,555		3,736
Allowance for loan losses	4,982	5,017	4,405	3,452	3,350	3,051
Commercial \| Commercial and industrial
LOANS
Loans receivable: Individually Evaluated	374		2,503
Loans receivable: Collectively Evaluated	171,625		156,570
Loans receivable	171,999		159,073
Allowance for loan losses: individually evaluated	0		71
Allowance for loan losses: collectively evaluated	2,792		2,652
Allowance for loan losses	2,792	2,841	2,723	2,781	2,187	2,245
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	44		1,356
Loans receivable	44		1,356
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	0		0
Allowance for loan losses	0		0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	6,208		25,508
Loans receivable	6,208		25,508
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	0		0
Allowance for loan losses	0		0
Commercial \| Political subdivisions
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	87,512		81,301
Loans receivable	87,512		81,301
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	0		0
Allowance for loan losses	0		0
Commercial \| Construction Loans
LOANS
Loans receivable	58,786		60,579
Commercial \| Commercial Construction And Land
LOANS
Loans receivable: Individually Evaluated	47		0
Loans receivable: Collectively Evaluated	58,739		60,579
Loans receivable	58,786		60,579
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	515		637
Allowance for loan losses	515	391	637	452	476	454
Commercial \| Loans secured by farm land
LOANS
Loans receivable: Individually Evaluated	79		83
Loans receivable: Collectively Evaluated	12,888		11,038
Loans receivable	12,967		11,121
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	112		115
Allowance for loan losses	112	129	115	113	111	120
Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable: Individually Evaluated	0		1,578
Loans receivable: Collectively Evaluated	53,753		48,511
Loans receivable	53,753		50,089
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	339		215
Allowance for loan losses	339	367	215	150	255	236
Commercial \| Agricultural loans
LOANS
Loans receivable: Individually Evaluated	60		0
Loans receivable: Collectively Evaluated	2,568		2,351
Loans receivable	2,628		2,351
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	23		25
Allowance for loan losses	23	27	25	25	26	34
Commercial \| Other commercial loans
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	15,767		17,153
Loans receivable	15,767		17,153
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	131		173
Allowance for loan losses	131	150	173	145	159	168
Residential mortgage
LOANS
Loans receivable: Individually Evaluated	747		644
Loans receivable: Collectively Evaluated	571,752		568,702
Loans receivable	572,499		569,346
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	4,392		4,338
Allowance for loan losses	4,392	4,445	4,338	4,355	4,200	4,253
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable: Individually Evaluated	648		630
Loans receivable: Collectively Evaluated	481,857		482,999
Loans receivable	482,505		483,629
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	3,689		3,650
Allowance for loan losses	3,689	3,810	3,650	3,536	3,507	3,524
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable: Individually Evaluated	30		14
Loans receivable: Collectively Evaluated	23,006		23,300
Loans receivable	23,036		23,314
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	180		184
Allowance for loan losses	180	181	184	327	334	349
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable: Individually Evaluated	69		0
Loans receivable: Collectively Evaluated	40,818		39,252
Loans receivable	40,887		39,252
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	308		302
Allowance for loan losses	308	306	302	294	281	281
Residential mortgage \| 1-4 Family residential construction
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	26,071		23,151
Loans receivable	26,071		23,151
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	215		202
Allowance for loan losses	215	148	202	198	78	99
Consumer
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	18,549		17,132
Loans receivable	18,549		17,132
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	261		235
Allowance for loan losses	261	237	235	231	220	239
Unallocated
LOANS
Allowance for loan losses	$ 1,000	$ 667	$ 671	$ 671	$ 677	$ 585

LOANS - Impaired Loans (Details

LOANS - Impaired Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
LOANS
Unpaid Principal Balance - with no allowance	$ 9,044	$ 15,410
Recorded Investment - with no allowance	5,255	9,194
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	3,392	6,540
Recorded investment - with allowance	3,392	6,540
Related Allowance - with allowance	427	740
Unpaid Principal Balance	12,436	21,950
Recorded Investment	8,647	15,734
Commercial \| Real estate loan
LOANS
Unpaid Principal Balance - with no allowance	5,807	6,600
Recorded Investment - with no allowance	3,948	4,458
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	3,392	6,468
Recorded investment - with allowance	3,392	6,468
Related Allowance - with allowance	427	668
Commercial \| Commercial and industrial
LOANS
Unpaid Principal Balance - with no allowance	2,145	5,213
Recorded Investment - with no allowance	374	2,431
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	0	72
Recorded investment - with allowance	0	72
Related Allowance - with allowance	0	72
Commercial \| Home equity lines of credit
LOANS
Unpaid Principal Balance - with no allowance	69	0
Recorded Investment - with no allowance	69	0
Related Allowance - with no allowance	0	0
Commercial \| Loans secured by farm land
LOANS
Unpaid Principal Balance - with no allowance	79	83
Recorded Investment - with no allowance	79	83
Related Allowance - with no allowance	0	0
Commercial \| Multi-family (5 or more) residential
LOANS
Unpaid Principal Balance - with no allowance	0	2,734
Recorded Investment - with no allowance	0	1,578
Related Allowance - with no allowance	0	0
Commercial \| Agricultural loans
LOANS
Unpaid Principal Balance - with no allowance	60	0
Recorded Investment - with no allowance	60	0
Related Allowance - with no allowance	0	0
Commercial \| Construction And Other Land Loans
LOANS
Unpaid Principal Balance - with no allowance	47	0
Recorded Investment - with no allowance	47	0
Related Allowance - with no allowance	0	0
Residential mortgage \| Real estate loan \| first liens
LOANS
Unpaid Principal Balance - with no allowance	762	656
Recorded Investment - with no allowance	648	630
Related Allowance - with no allowance	0	0
Residential mortgage \| Real estate loan \| junior liens
LOANS
Unpaid Principal Balance - with no allowance	75	124
Recorded Investment - with no allowance	30	14
Related Allowance - with no allowance	$ 0	$ 0

LOANS - Average Balance of Impa

LOANS - Average Balance of Impaired Loans and Income Recognized on Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
LOANS
Average Investment in Impaired Loans	$ 10,325	$ 18,652	$ 12,135	$ 18,320
Interest Income Recognized on Impaired Loans on a Cash Basis	180	149	1,722	411
Commercial
LOANS
Average Investment in Impaired Loans	9,673	16,505	11,508	15,803
Interest Income Recognized on Impaired Loans on a Cash Basis	171	125	1,702	345
Commercial \| Real estate loan
LOANS
Average Investment in Impaired Loans	8,967	12,022	9,851	12,137
Interest Income Recognized on Impaired Loans on a Cash Basis	165	85	340	229
Commercial \| Commercial and industrial
LOANS
Average Investment in Impaired Loans	519	2,754	1,073	1,927
Interest Income Recognized on Impaired Loans on a Cash Basis	6	9	203	21
Commercial \| Commercial Construction And Land
LOANS
Average Investment in Impaired Loans	47	0	47	0
Interest Income Recognized on Impaired Loans on a Cash Basis	0	0	1	0
Commercial \| Loans secured by farm land
LOANS
Average Investment in Impaired Loans	80	84	81	84
Interest Income Recognized on Impaired Loans on a Cash Basis	0	0	0	1
Commercial \| Multi-family (5 or more) residential.
LOANS
Average Investment in Impaired Loans	0	1,578	395	1,587
Interest Income Recognized on Impaired Loans on a Cash Basis	0	30	1,156	91
Commercial \| Agricultural loans
LOANS
Average Investment in Impaired Loans	60	67	61	68
Interest Income Recognized on Impaired Loans on a Cash Basis	0	1	2	3
Residential mortgage
LOANS
Average Investment in Impaired Loans	652	2,147	627	2,517
Interest Income Recognized on Impaired Loans on a Cash Basis	9	24	20	66
Residential mortgage \| Real estate loan \| first liens
LOANS
Average Investment in Impaired Loans	585	1,717	575	2,084
Interest Income Recognized on Impaired Loans on a Cash Basis	5	20	12	57
Residential mortgage \| Real estate loan \| junior liens
LOANS
Average Investment in Impaired Loans	33	430	35	433
Interest Income Recognized on Impaired Loans on a Cash Basis	3	4	6	9
Residential mortgage \| Home Equity Line of Credit [Member]
LOANS
Average Investment in Impaired Loans	34	0	17	0
Interest Income Recognized on Impaired Loans on a Cash Basis	$ 1	$ 0	$ 2	$ 0

LOANS - Nonaccrual Loans and Lo

LOANS - Nonaccrual Loans and Loans Past Due Ninety Days or More and Still Accruing (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
LOANS
Past Due 90+ Days and Accruing	$ 2,694	$ 2,219
Nonaccrual	11,642	18,999
Commercial
LOANS
Past Due 90+ Days and Accruing	1,337	861
Nonaccrual	7,782	14,893
Commercial \| Real estate loan
LOANS
Past Due 90+ Days and Accruing	1,215	738
Nonaccrual	7,350	10,885
Commercial \| Commercial and industrial
LOANS
Past Due 90+ Days and Accruing	62	30
Nonaccrual	306	2,299
Commercial \| Commercial Construction And Land
LOANS
Past Due 90+ Days and Accruing	0	0
Nonaccrual	47	48
Commercial \| Loans secured by farm land
LOANS
Past Due 90+ Days and Accruing	0	28
Nonaccrual	79	83
Commercial \| Multi-family (5 or more) residential
LOANS
Past Due 90+ Days and Accruing	0	0
Nonaccrual	0	1,578
Commercial \| Agricultural loans
LOANS
Past Due 90+ Days and Accruing	60	65
Nonaccrual	0	0
Residential mortgage
LOANS
Past Due 90+ Days and Accruing	1,330	1,315
Nonaccrual	3,812	4,090
Residential mortgage \| Real estate loan \| first liens
LOANS
Past Due 90+ Days and Accruing	1,153	1,144
Nonaccrual	3,687	4,005
Residential mortgage \| Real estate loan \| junior liens
LOANS
Past Due 90+ Days and Accruing	64	69
Nonaccrual	0	3
Residential mortgage \| Home equity lines of credit
LOANS
Past Due 90+ Days and Accruing	113	102
Nonaccrual	125	82
Consumer
LOANS
Past Due 90+ Days and Accruing	27	43
Nonaccrual	$ 48	$ 16

LOANS - Contractual Aging of Lo

LOANS - Contractual Aging of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
LOANS
Loans receivable	$ 1,657,604	$ 1,564,849
Current & Past Due Less than 30 Days
LOANS
Loans receivable	1,645,386	1,547,325
Past Due 30-89 Days
LOANS
Loans receivable	6,404	6,333
Past Due 90+ Days
LOANS
Loans receivable	5,814	11,191
Commercial
LOANS
Loans receivable	1,066,556	978,371
Commercial \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	1,061,256	969,477
Commercial \| Past Due 30-89 Days
LOANS
Loans receivable	2,821	928
Commercial \| Past Due 90+ Days
LOANS
Loans receivable	2,479	7,966
Commercial \| Real estate loan
LOANS
Loans receivable	656,892	569,840
Commercial \| Real estate loan \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	652,741	563,658
Commercial \| Real estate loan \| Past Due 30-89 Days
LOANS
Loans receivable	1,984	762
Commercial \| Real estate loan \| Past Due 90+ Days
LOANS
Loans receivable	2,167	5,420
Commercial \| Commercial and industrial
LOANS
Loans receivable	171,999	159,073
Commercial \| Commercial and industrial \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	171,492	158,188
Commercial \| Commercial and industrial \| Past Due 30-89 Days
LOANS
Loans receivable	381	72
Commercial \| Commercial and industrial \| Past Due 90+ Days
LOANS
Loans receivable	126	813
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	44	1,356
Commercial \| Paycheck Protection Program - 1st Draw \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	44	1,339
Commercial \| Paycheck Protection Program - 1st Draw \| Past Due 30-89 Days
LOANS
Loans receivable	0	17
Commercial \| Paycheck Protection Program - 1st Draw \| Past Due 90+ Days
LOANS
Loans receivable	0	0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	6,208	25,508
Commercial \| Paycheck Protection Program - 2nd Draw \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	6,208	25,508
Commercial \| Paycheck Protection Program - 2nd Draw \| Past Due 30-89 Days
LOANS
Loans receivable	0	0
Commercial \| Paycheck Protection Program - 2nd Draw \| Past Due 90+ Days
LOANS
Loans receivable	0	0
Commercial \| Political subdivisions
LOANS
Loans receivable	87,512	81,301
Commercial \| Political subdivisions \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	87,512	81,301
Commercial \| Political subdivisions \| Past Due 30-89 Days
LOANS
Loans receivable	0	0
Commercial \| Political subdivisions \| Past Due 90+ Days
LOANS
Loans receivable	0	0
Commercial \| Commercial Construction And Land
LOANS
Loans receivable	58,786	60,579
Commercial \| Commercial Construction And Land \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	58,542	60,509
Commercial \| Commercial Construction And Land \| Past Due 30-89 Days
LOANS
Loans receivable	197	70
Commercial \| Commercial Construction And Land \| Past Due 90+ Days
LOANS
Loans receivable	47	0
Commercial \| Construction Loans
LOANS
Loans receivable	58,786	60,579
Commercial \| Loans secured by farm land
LOANS
Loans receivable	12,967	11,121
Commercial \| Loans secured by farm land \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	12,629	11,010
Commercial \| Loans secured by farm land \| Past Due 30-89 Days
LOANS
Loans receivable	259	0
Commercial \| Loans secured by farm land \| Past Due 90+ Days
LOANS
Loans receivable	79	111
Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	53,753	50,089
Commercial \| Multi-family (5 or more) residential \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	53,753	48,532
Commercial \| Multi-family (5 or more) residential \| Past Due 30-89 Days
LOANS
Loans receivable	0	0
Commercial \| Multi-family (5 or more) residential \| Past Due 90+ Days
LOANS
Loans receivable	0	1,557
Commercial \| Agricultural loans
LOANS
Loans receivable	2,628	2,351
Commercial \| Agricultural loans \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	2,568	2,279
Commercial \| Agricultural loans \| Past Due 30-89 Days
LOANS
Loans receivable	0	7
Commercial \| Agricultural loans \| Past Due 90+ Days
LOANS
Loans receivable	60	65
Commercial \| Other commercial loans
LOANS
Loans receivable	15,767	17,153
Commercial \| Other commercial loans \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	15,767	17,153
Commercial \| Other commercial loans \| Past Due 30-89 Days
LOANS
Loans receivable	0	0
Commercial \| Other commercial loans \| Past Due 90+ Days
LOANS
Loans receivable	0	0
Residential mortgage
LOANS
Loans receivable	572,499	569,346
Residential mortgage \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	565,708	560,847
Residential mortgage \| Past Due 30-89 Days
LOANS
Loans receivable	3,531	5,333
Residential mortgage \| Past Due 90+ Days
LOANS
Loans receivable	3,260	3,166
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	482,505	483,629
Residential mortgage \| Real estate loan \| first liens \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	476,500	475,637
Residential mortgage \| Real estate loan \| first liens \| Past Due 30-89 Days
LOANS
Loans receivable	3,009	5,038
Residential mortgage \| Real estate loan \| first liens \| Past Due 90+ Days
LOANS
Loans receivable	2,996	2,954
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	23,036	23,314
Residential mortgage \| Real estate loan \| junior liens \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	22,939	23,229
Residential mortgage \| Real estate loan \| junior liens \| Past Due 30-89 Days
LOANS
Loans receivable	33	16
Residential mortgage \| Real estate loan \| junior liens \| Past Due 90+ Days
LOANS
Loans receivable	64	69
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	40,887	39,252
Residential mortgage \| Home equity lines of credit \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	40,198	38,830
Residential mortgage \| Home equity lines of credit \| Past Due 30-89 Days
LOANS
Loans receivable	489	279
Residential mortgage \| Home equity lines of credit \| Past Due 90+ Days
LOANS
Loans receivable	200	143
Residential mortgage \| 1-4 Family residential construction
LOANS
Loans receivable	26,071	23,151
Residential mortgage \| 1-4 Family residential construction \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	26,071	23,151
Residential mortgage \| 1-4 Family residential construction \| Past Due 30-89 Days
LOANS
Loans receivable	0	0
Residential mortgage \| 1-4 Family residential construction \| Past Due 90+ Days
LOANS
Loans receivable	0	0
Consumer
LOANS
Loans receivable	18,549	17,132
Consumer \| Current & Past Due Less than 30 Days
LOANS
Loans receivable	18,422	17,001
Consumer \| Past Due 30-89 Days
LOANS
Loans receivable	52	72
Consumer \| Past Due 90+ Days
LOANS
Loans receivable	$ 75	$ 59

LOANS - Contractual Aging of No

LOANS - Contractual Aging of Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
LOANS
Nonaccrual loans	$ 11,642	$ 18,999
Non accrual Loans [Member]
LOANS
Nonaccrual loans	11,642	18,999
Non accrual Loans [Member] \| Current & Past Due Less than 30 Days
LOANS
Nonaccrual loans	7,200	8,800
Non accrual Loans [Member] \| Past Due 30-89 Days
LOANS
Nonaccrual loans	1,322	1,227
Non accrual Loans [Member] \| Past Due 90+ Days
LOANS
Nonaccrual loans	$ 3,120	$ 8,972

LOANS - Aging of Troubled Debt

LOANS - Aging of Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Troubled Debt Restructurings
Nonaccrual loans	$ 11,642	$ 18,999
Troubled Debt Restructuring
Troubled Debt Restructurings
Nonaccrual loans	3,871	5,452
Troubled debt restructurings	4,204	5,805
Troubled Debt Restructuring \| Current & Past Due Less than 30 Days
Troubled Debt Restructurings
Troubled debt restructurings	192	248
Troubled Debt Restructuring \| Past Due 30-89 Days
Troubled Debt Restructurings
Troubled debt restructurings	47	40
Troubled Debt Restructuring \| Past Due 90+ Days
Troubled Debt Restructurings
Troubled debt restructurings	$ 94	$ 65

LOANS - Troubled Debt Restructu

LOANS - Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan	0	1	0	3
Troubled debt restructurings, post-modification recorded investment \| $	$ 0	$ 116	$ 0	$ 152
Home equity lines of credit \| Monthly Payment Reduction and Extended Maturity Date [Member]
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan			0	1
Troubled debt restructurings, post-modification recorded investment \| $			$ 0	$ 24
Residential mortgage \| Real estate loan \| first liens \| Reduced monthly payments for a fifteen-month period
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan	0	1	0	1
Troubled debt restructurings, post-modification recorded investment \| $	$ 0	$ 116	$ 0	$ 116
Residential mortgage \| Real estate loan \| first liens \| Monthly Payment Reduction and Extended Maturity Date [Member]
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan			0	1
Troubled debt restructurings, post-modification recorded investment \| $			$ 0	$ 12

LOANS - Payment Defaults on TDR

LOANS - Payment Defaults on TDR Loans (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan
Number of Loans \| loan	0	1
Recorded Investment \| $	$ 0	$ 3,392
Commercial \| Real estate loan
Number of Loans \| loan	0	1
Recorded Investment \| $	$ 0	$ 3,392

LOANS - Foreclosed Residential

LOANS - Foreclosed Residential Real Estate (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Residential mortgage
LOANS
Foreclosed residential real estate	$ 230	$ 256

LOANS - Mortgage Loans in Proce

LOANS - Mortgage Loans in Process of Foreclosure (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Residential mortgage
LOANS
Residential real estate in process of foreclosure	$ 1,044	$ 1,260

LOANS - Additional information

LOANS - Additional information (Details) - USD ($)	3 Months Ended		6 Months Ended
LOANS - Additional information (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
LOANS
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	$ 4,031,000		$ 4,031,000			$ 4,247,000
Recorded investment - with allowance	3,392,000		3,392,000			6,540,000
Specific allowances	427,000		427,000			740,000
Loans receivable	1,657,604,000		1,657,604,000			1,564,849,000
Allowance for Loan losses	14,547,000	$ 12,375,000	14,547,000	$ 12,375,000	$ 14,271,000	13,537,000	$ 11,661,000	$ 11,385,000
Interest and fees	17,927,000	18,075,000	36,476,000	37,566,000
Financing receivable charge-offs	41,000	47,000	221,000	58,000
Provision (credit) for loan losses	308,000	744,000	1,199,000	1,003,000
Increase (decrease) in provision for loan losses	(436,000)		196,000
Amount of net charge related to specific loans	271,000	383,000	124,000	565,000
Amount of net increase (decrease) in specific allowances on loans	303,000	353,000	313,000	552,000
Amount of net charge offs related to a specific loan	32,000	30,000	189,000	13,000
Amount of increase (decrease) in the provision for loan losses from collectively determined portion of allowance	246,000	367,000	994,000	352,000
Amount of increase (decrease) in the provision for loan losses from unallocated portion of allowance	333,000	6,000	329,000	86,000
Recorded Investment	8,647,000		8,647,000			15,734,000
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	0		0			0
Income From Repayments Of PCI Loans In Excess Of Carrying Amounts	14,000	18,000	1,412,000	18,000
Purchased Credit Impaired
LOANS
Loans receivable	3,879,000		3,879,000			6,558,000
Loans Modified, Recorded Investment	3,879,000		3,879,000			6,558,000
Small Business Administration - Paycheck Protection Program
LOANS
Interest and fees	206,000	1,249,000	781,000	3,247,000
Paycheck Protection Program - 1st Draw
LOANS
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	5,000		5,000
Contractual principal balances	49,000		49,000
Recorded Investment	44,000		44,000
Paycheck Protection Program - 2nd Draw
LOANS
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	184,000		184,000
Contractual principal balances	6,392,000		6,392,000
Recorded Investment	6,208,000		6,208,000
Unfunded Loan Commitment
LOANS
Allowance for Loan losses	0		0			0
Commercial
LOANS
Loans receivable	1,066,556,000		1,066,556,000			978,371,000
Allowance for Loan losses	8,894,000	7,118,000	8,894,000	7,118,000	8,922,000	8,293,000	6,564,000	6,308,000
Financing receivable charge-offs	0	0	150,000	0
Provision (credit) for loan losses	(28,000)	552,000	751,000	794,000
Commercial \| Purchased Credit Impaired
LOANS
Loans receivable	3,811,000		3,811,000			6,485,000
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	44,000		44,000			1,356,000
Allowance for Loan losses	0		0			0
Commercial \| Paycheck Protection Program - 1st Draw \| Purchased Credit Impaired
LOANS
Loans receivable	0		0			0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	6,208,000		6,208,000			25,508,000
Allowance for Loan losses	0		0			0
Commercial \| Paycheck Protection Program - 2nd Draw \| Purchased Credit Impaired
LOANS
Loans receivable	0		0			0
Commercial \| Commercial and industrial
LOANS
Recorded investment - with allowance	0		0			72,000
Specific allowances	0		0			72,000
Loans receivable	171,999,000		171,999,000			159,073,000
Allowance for Loan losses	2,792,000	2,781,000	2,792,000	2,781,000	2,841,000	2,723,000	2,187,000	2,245,000
Financing receivable charge-offs	0	0	150,000	0
Provision (credit) for loan losses	(49,000)	594,000	219,000	522,000
Commercial \| Commercial and industrial \| Purchased Credit Impaired
LOANS
Loans receivable	36,000		36,000			763,000
Commercial \| Real estate loan
LOANS
Recorded investment - with allowance	3,392,000		3,392,000			6,468,000
Specific allowances	427,000		427,000			668,000
Loans receivable	656,892,000		656,892,000			569,840,000
Allowance for Loan losses	4,982,000	3,452,000	4,982,000	3,452,000	5,017,000	4,405,000	3,350,000	3,051,000
Financing receivable charge-offs	0	0	0	0
Provision (credit) for loan losses	(35,000)	100,000	577,000	399,000
Commercial \| Real estate loan \| Purchased Credit Impaired
LOANS
Loans receivable	3,775,000		3,775,000			4,144,000
Unallocated
LOANS
Allowance for Loan losses	1,000,000	671,000	1,000,000	671,000	667,000	671,000	677,000	585,000
Financing receivable charge-offs	0	0	0	0
Provision (credit) for loan losses	333,000	(6,000)	329,000	86,000
Residential mortgage
LOANS
Loans receivable	572,499,000		572,499,000			569,346,000
Allowance for Loan losses	4,392,000	4,355,000	4,392,000	4,355,000	$ 4,445,000	4,338,000	$ 4,200,000	$ 4,253,000
Financing receivable charge-offs	0	11,000	0	11,000
Provision (credit) for loan losses	(54,000)	$ 164,000	37,000	$ 109,000
Residential mortgage \| Purchased Credit Impaired
LOANS
Loans receivable	$ 68,000		$ 68,000			$ 73,000

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Core Deposit Intangibles (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
GOODWILL AND OTHER INTANGIBLE ASSETS
Gross amount	$ 6,639	$ 6,639
Accumulated amortization	(3,542)	(3,323)
Net	$ 3,097	$ 3,316

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Amortization Expense Core Deposit Intangibles (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
GOODWILL AND OTHER INTANGIBLE ASSETS
Amortization expense	$ 109	$ 134	$ 219	$ 268

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Change in Carrying Amount of Goodwill (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Changes in the carrying amount of goodwill
Goodwill	$ 52,505,000	$ 52,505,000

BORROWED FUNDS - Short-term bor

BORROWED FUNDS - Short-term borrowings (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	$ 90,042,000	$ 1,803,000
FHLB-Pittsburgh borrowings
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	88,500,000	0
Customer repurchase agreements
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	$ 1,542,000	$ 1,803,000

BORROWED FUNDS - Short-term b_2

BORROWED FUNDS - Short-term borrowings - Additional information (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	$ 90,042,000	$ 1,803,000
Other Correspondent Banks
BORROWED FUNDS AND SUBORDINATED DEBT
Line of Credit Facility, Maximum Borrowing Capacity	95,000,000	45,000,000
Long-term Line of Credit, Total	0	0
Federal Reserve Bank of Philadelphia \| Collateral Pledged
BORROWED FUNDS AND SUBORDINATED DEBT
Investment pledged as collateral	$ 18,267,000	$ 14,034,000
Customer repurchase agreements
BORROWED FUNDS AND SUBORDINATED DEBT
Debt, Weighted Average Interest Rate	0.10%	0.10%
Carrying Value of Securities Sold under Repurchase Agreements and Deposits Received for Securities Loaned, Total	$ 1,560,000	$ 1,820,000
Short-term borrowings	1,542,000	1,803,000
FHLB-Pittsburgh borrowings
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	$ 88,500,000	0
Stated interest rate	1.75%
Short-term advances	$ 0	0
Federal Home Loan Bank of Pittsburgh
BORROWED FUNDS AND SUBORDINATED DEBT
Line of Credit Facility, Maximum Borrowing Capacity	779,941,000	756,868,000
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	1,158,305,000	1,046,242,000
Line of Credit Facility, Remaining Borrowing Capacity	648,294,000	723,557,000
Federal Home Loan Bank of Pittsburgh \| Other Assets
BORROWED FUNDS AND SUBORDINATED DEBT
Federal Home Loan Bank Stock	13,443,000	9,313,000
Federal Home Loan Bank of Pittsburgh \| Federal Reserve Bank of Philadelphia
BORROWED FUNDS AND SUBORDINATED DEBT
Line of Credit Facility, Maximum Borrowing Capacity	17,491,000	13,642,000
Long-term Line of Credit, Total	$ 0	$ 0

BORROWED FUNDS - Long-term Borr

BORROWED FUNDS - Long-term Borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Long-term Borrowing
Long-term borrowings	$ 36,791	$ 28,042
Loans maturing in 2022 with a weighted-average rate of 0.61%
Long-term Borrowing
Rate	0.61%	0.61%
Loans maturing in 2023 with a weighted-average rate of 1.35%
Long-term Borrowing
Rate	1.35%	1.35%
Loans maturing in 2024 with a weighted-average rate of 2.76%
Long-term Borrowing
Rate	2.76%	2.76%
Loan maturing in 2025 with a rate of 4.91%
Long-term Borrowing
Rate	4.91%	4.91%
Federal Home Loan Bank of Pittsburgh
Long-term Borrowing
Long-term borrowings	$ 36,791	$ 28,042
Federal Home Loan Bank of Pittsburgh \| Loans maturing in 2022 with a weighted-average rate of 0.61%
Long-term Borrowing
Long-term borrowings	4,031	15,452
Federal Home Loan Bank of Pittsburgh \| Loans maturing in 2023 with a weighted-average rate of 1.35%
Long-term Borrowing
Long-term borrowings	9,356	7,119
Federal Home Loan Bank of Pittsburgh \| Loans maturing in 2024 with a weighted-average rate of 2.76%
Long-term Borrowing
Long-term borrowings	23,081	5,099
Federal Home Loan Bank of Pittsburgh \| Loan maturing in 2025 with a rate of 4.91%
Long-term Borrowing
Long-term borrowings	$ 323	$ 372

BORROWED FUNDS - Senior Notes (

BORROWED FUNDS - Senior Notes (Details) - USD ($)		3 Months Ended		6 Months Ended
BORROWED FUNDS - Senior Notes (Details) - USD ($)	May 19, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Debt Instrument [Line Items]
Senior notes, net		$ 14,733,000		$ 14,733,000		$ 14,701,000
Senior Notes with an aggregate par value of $15,000,000; bearing interest at 2.75% with an effective interest rate of 3.23%; maturing in June 2026
Debt Instrument [Line Items]
Aggregate par value	$ 15,000,000	$ 15,000,000		$ 15,000,000
Stated interest rate	2.75%	2.75%		2.75%
Debt issuance costs	$ 337,000
Senior notes, net	$ 14,663,000	$ 14,733,000		$ 14,733,000		$ 14,701,000
Amortization of debt issuance costs		$ 16,000	$ 7,000	$ 32,000	$ 7,000
Effective interest rate		3.23%		3.23%

BORROWED FUNDS - Subordinated D

BORROWED FUNDS - Subordinated Debt (Details) - USD ($)		3 Months Ended		6 Months Ended
BORROWED FUNDS - Subordinated Debt (Details) - USD ($)	May 19, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Debt Instrument [Line Items]
Subordinated debt, net		$ 24,553,000		$ 24,553,000		$ 33,009,000
6.50% maturing in April 2027 and redeemable at par in April 2022
Debt Instrument [Line Items]
Aggregate par value		$ 6,500,000		$ 6,500,000		$ 6,500,000
Stated interest rate		6.50%		6.50%		6.50%
Subordinated debt, net		$ 0		$ 0		$ 6,500,000
6.50% maturing in July 2027 and redeemable at par in June 2022
Debt Instrument [Line Items]
Aggregate par value		$ 2,000,000		$ 2,000,000		$ 2,000,000
Stated interest rate		6.50%		6.50%		6.50%
Subordinated debt, net		$ 0		$ 0		$ 2,008,000
Effective interest rate		5.60%		5.60%		5.60%
3.25% maturing in June 2031 and redeemable at par in June 2026
Debt Instrument [Line Items]
Aggregate par value	$ 25,000,000	$ 25,000,000		$ 25,000,000		$ 25,000,000
Stated interest rate	3.25%	3.25%		3.25%		3.25%
Debt issuance costs	$ 563,000
Subordinated debt, net	$ 24,437,000	$ 24,553,000		$ 24,553,000		$ 24,501,000
Amortization of debt issuance costs		$ 26,000	$ 13,000	$ 52,000	$ 13,000
Effective interest rate		3.74%		3.74%		3.74%
3.25% maturing in June 2031 and redeemable at par in June 2026 \| Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Stated interest rate	3.25%
Debt Instrument, Redemption Period, Start Date	May 19, 2021
Debt Instrument, Redemption Period, End Date	Jun. 01, 2026
3.25% maturing in June 2031 and redeemable at par in June 2026 \| Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Debt Instrument, Redemption Period, Start Date	Jun. 01, 2026
Debt Instrument, Redemption Period, End Date	Jun. 01, 2031
Debt Instrument, Basis Spread on Variable Rate	2.59%

STOCK-BASED COMPENSATION PLAN_2

STOCK-BASED COMPENSATION PLANS (Details) - Restricted Stock - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2022
Stock-based compensation expense	$ 413,000	$ 284,000	$ 781,000	$ 625,000
Forecast
Stock-based compensation expense					$ 1,610,000
Stock Incentive Plan
Vesting period			3 years
Independent Directors Stock Incentive Plan
Vesting period			1 year

STOCK-BASED COMPENSATION PLAN_3

STOCK-BASED COMPENSATION PLANS - Restricted Stock Awards Granted (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) shares
STOCK-BASED COMPENSATION PLANS
Number of shares \| shares	78,243
Average Grant Date Fair Value \| $	$ 1,959
Stock Incentive Plan \| Restricted Stock \| Employees
STOCK-BASED COMPENSATION PLANS
Number of shares \| shares	51,638
Average Grant Date Fair Value \| $	$ 1,293
Stock Incentive Plan \| Performance Shares \| Employees
STOCK-BASED COMPENSATION PLANS
Number of shares \| shares	17,017
Average Grant Date Fair Value \| $	$ 426
Independent Directors Stock Incentive Plan \| Restricted Stock \| Director [Member]
STOCK-BASED COMPENSATION PLANS
Number of shares \| shares	9,588
Average Grant Date Fair Value \| $	$ 240

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - (Details) - USD ($)	3 Months Ended		6 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS - (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Asset pledged
Derivative Financial Instruments
Available-for-sale securities pledged as collateral	$ 2,338,000		$ 2,338,000
Interest rate swap agreements
Derivative Financial Instruments
Aggregate notional amount	115,050,000		115,050,000		$ 123,094,000
Asset Derivatives, Notional Amount	57,525,000		57,525,000		61,547,000
Asset Derivatives, Fair Value	1,619,000		1,619,000		3,104,000
Liability Derivatives, Notional Amount	57,525,000		57,525,000		61,547,000
Liability Derivatives, Fair Value	1,619,000		1,619,000		$ 3,104,000
Derivatives not designated as hedging instruments \| Interest rate swap agreements
Derivative Financial Instruments
Interest rate swap	0	$ 0	0	$ 0
Increase (decrease) in interest income	$ (220,000)	$ (340,000)	$ (537,000)	$ (678,000)

FAIR VALUE MEASUREMENTS AND F_3

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS - Assets Measured at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets Measured at Fair Value
Total, fair value	$ 526,837	$ 517,679
Impaired loans with a valuation allowance	3,392	6,540
Valuation allowance	(427)	(740)
Impaired loans, net	3,392	6,540
Interest rate swap agreements
Assets Measured at Fair Value
Fair value derivative asset	1,619	3,104
Fair value of the derivative liability	1,619	3,104
Obligations of the U.S. Treasury
Assets Measured at Fair Value
Total, fair value	35,774	24,912
Obligations of U.S. Government agencies
Assets Measured at Fair Value
Total, fair value	22,785	24,091
Bank holding company debt securities
Assets Measured at Fair Value
Total, fair value	27,415	17,987
Obligations Of States And Political Subdivisions Tax Exempt
Assets Measured at Fair Value
Total, fair value	139,400	148,028
Obligations Of States And Political Subdivisions Taxable
Assets Measured at Fair Value
Total, fair value	63,898	72,765
Residential Passthrough Securities
Assets Measured at Fair Value
Total, fair value	106,043	98,181
Residential Collateralized Mortgage Obligations
Assets Measured at Fair Value
Total, fair value	44,761	44,247
Commercial Mortgage Backed Securities
Assets Measured at Fair Value
Total, fair value	86,761	87,468
Recurring fair value measurements
Assets Measured at Fair Value
Total, fair value	526,837	517,679
Marketable equity security	895	971
Servicing rights	2,640	2,329
Total asset fair value measurements	531,991	524,083
Recurring fair value measurements \| Level 1
Assets Measured at Fair Value
Total, fair value	35,774	24,912
Marketable equity security	895	971
Servicing rights	0	0
Total asset fair value measurements	36,669	25,883
Recurring fair value measurements \| Level 2
Assets Measured at Fair Value
Total, fair value	491,063	492,767
Marketable equity security	0	0
Servicing rights	0	0
Total asset fair value measurements	492,682	495,871
Recurring fair value measurements \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Marketable equity security	0	0
Servicing rights	2,640	2,329
Total asset fair value measurements	2,640	2,329
Recurring fair value measurements \| Interest rate swap agreements
Assets Measured at Fair Value
Fair value derivative asset	1,619	3,104
Fair value of the derivative liability	1,619	3,104
Recurring fair value measurements \| Interest rate swap agreements \| Level 1
Assets Measured at Fair Value
Fair value derivative asset	0	0
Fair value of the derivative liability	0	0
Recurring fair value measurements \| Interest rate swap agreements \| Level 2
Assets Measured at Fair Value
Fair value derivative asset	1,619	3,104
Fair value of the derivative liability	1,619	3,104
Recurring fair value measurements \| Interest rate swap agreements \| Level 3
Assets Measured at Fair Value
Fair value derivative asset	0	0
Fair value of the derivative liability	0	0
Recurring fair value measurements \| Obligations of the U.S. Treasury
Assets Measured at Fair Value
Total, fair value	35,774	24,912
Recurring fair value measurements \| Obligations of the U.S. Treasury \| Level 1
Assets Measured at Fair Value
Total, fair value	35,774	24,912
Recurring fair value measurements \| Obligations of the U.S. Treasury \| Level 2
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Obligations of the U.S. Treasury \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Obligations of U.S. Government agencies
Assets Measured at Fair Value
Total, fair value	22,785	24,091
Recurring fair value measurements \| Obligations of U.S. Government agencies \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Obligations of U.S. Government agencies \| Level 2
Assets Measured at Fair Value
Total, fair value	22,785	24,091
Recurring fair value measurements \| Obligations of U.S. Government agencies \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Bank holding company debt securities
Assets Measured at Fair Value
Total, fair value	27,415	17,987
Recurring fair value measurements \| Bank holding company debt securities \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Bank holding company debt securities \| Level 2
Assets Measured at Fair Value
Total, fair value	27,415	17,987
Recurring fair value measurements \| Bank holding company debt securities \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Obligations Of States And Political Subdivisions Tax Exempt
Assets Measured at Fair Value
Total, fair value	139,400	148,028
Recurring fair value measurements \| Obligations Of States And Political Subdivisions Tax Exempt \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Obligations Of States And Political Subdivisions Tax Exempt \| Level 2
Assets Measured at Fair Value
Total, fair value	139,400	148,028
Recurring fair value measurements \| Obligations Of States And Political Subdivisions Tax Exempt \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Obligations Of States And Political Subdivisions Taxable
Assets Measured at Fair Value
Total, fair value	63,898	72,765
Recurring fair value measurements \| Obligations Of States And Political Subdivisions Taxable \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Obligations Of States And Political Subdivisions Taxable \| Level 2
Assets Measured at Fair Value
Total, fair value	63,898	72,765
Recurring fair value measurements \| Obligations Of States And Political Subdivisions Taxable \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Residential Passthrough Securities
Assets Measured at Fair Value
Total, fair value	106,043	98,181
Recurring fair value measurements \| Residential Passthrough Securities \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Residential Passthrough Securities \| Level 2
Assets Measured at Fair Value
Total, fair value	106,043	98,181
Recurring fair value measurements \| Residential Passthrough Securities \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Residential Collateralized Mortgage Obligations
Assets Measured at Fair Value
Total, fair value	44,761	44,247
Recurring fair value measurements \| Residential Collateralized Mortgage Obligations \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Residential Collateralized Mortgage Obligations \| Level 2
Assets Measured at Fair Value
Total, fair value	44,761	44,247
Recurring fair value measurements \| Residential Collateralized Mortgage Obligations \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Commercial Mortgage Backed Securities
Assets Measured at Fair Value
Total, fair value	86,761	87,468
Recurring fair value measurements \| Commercial Mortgage Backed Securities \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Commercial Mortgage Backed Securities \| Level 2
Assets Measured at Fair Value
Total, fair value	86,761	87,468
Recurring fair value measurements \| Commercial Mortgage Backed Securities \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Nonrecurring fair value measurements
Assets Measured at Fair Value
Total asset fair value measurements	3,470	6,484
Impaired loans, net	2,965	5,800
Foreclosed assets held for sale	505	684
Nonrecurring fair value measurements \| Level 1
Assets Measured at Fair Value
Total asset fair value measurements	0	0
Impaired loans, net	0	0
Foreclosed assets held for sale	0	0
Nonrecurring fair value measurements \| Level 2
Assets Measured at Fair Value
Total asset fair value measurements	0	0
Impaired loans, net	0	0
Foreclosed assets held for sale	0	0
Nonrecurring fair value measurements \| Level 3
Assets Measured at Fair Value
Total asset fair value measurements	3,470	6,484
Impaired loans, net	2,965	5,800
Foreclosed assets held for sale	$ 505	$ 684

FAIR VALUE MEASUREMENTS AND F_4

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS - Level 3 Valuation Techniques Recurring (Details) - Recurring fair value measurements - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Valuation Techniques and the Unobservable Inputs
Fair value	$ 2,640,000	$ 2,329,000
Valuation Technique, Discounted cash flow
Valuation Techniques and the Unobservable Inputs
Fair value	$ 2,640,000	$ 2,329,000
Valuation Technique, Discounted cash flow \| Servicing rights.
Valuation Techniques and the Unobservable Inputs
Discount rate	13%	13%
Weighted-average PSA	152%	209%
Servicing fees of loan balances	0.25%	0.25%
Servicing fees of payments are late	4%	4%
Late fees assessed	5%	5%
Miscellaneous fees per account per month	$ 1.94	$ 1.94
Monthly servicing cost per account	6	6
Additional monthly servicing cost per loan on loans more than 30 days delinquent	$ 24	$ 24
Servicing costs of loans more than 30 days delinquent	1.50%	1.50%
Annual increase in servicing costs	3%	3%

FAIR VALUE MEASUREMENTS AND F_5

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS - Level 3 Reconciliation (Details) - Level 3 - Servicing rights. - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Reconciliation of activity for Level 3 assets (servicing rights) measured at fair value on a recurring basis
Servicing rights balance, beginning of period	$ 2,429	$ 1,956	$ 2,329	$ 1,689
Originations of servicing rights	61	199	159	391
Unrealized gain (loss) included in earnings	150	(39)	152	36
Servicing rights balance, end of period	$ 2,640	$ 2,116	$ 2,640	$ 2,116

FAIR VALUE MEASUREMENTS AND F_6

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS - Level 3 Valuation Techniques Nonrecurring (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	$ 3,392	$ 6,540
Related allowance	427	740
Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	2,965	5,800
Foreclosed assets held for sale	505	684
Residential mortgage
Valuation Techniques and the Unobservable Inputs
Foreclosed assets held for sale	230	256
Commercial \| Real estate loan
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	3,392	6,468
Related allowance	427	668
Commercial \| Commercial and industrial
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	0	72
Related allowance	0	72
Commercial \| Loans secured by farm land \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance		428
Related allowance		0
Valuation, Market Approach \| Commercial \| Loans secured by farm land \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Fair value		428
Impaired Loans \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	3,392
Related allowance	427
Fair value	2,965
Impaired Loans \| Valuation, Market Approach \| Residential mortgage \| Real estate loan \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance		6,540
Related allowance		740
Fair value		5,800
Impaired Loans \| Valuation, Market Approach \| Commercial \| Real estate loan \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	3,392	6,468
Related allowance	427	668
Fair value	$ 2,965	$ 5,800
Impaired Loans \| Valuation, Market Approach \| Commercial \| Real estate loan \| Weighted average \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Discount rate	25%	27%
Impaired Loans \| Valuation, Market Approach \| Commercial \| Commercial and industrial \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance		$ 72
Related allowance		72
Fair value		$ 0
Impaired Loans \| Valuation, Market Approach \| Commercial \| Commercial and industrial \| Weighted average \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Discount rate		100%
Impaired Loans \| Valuation, Market Approach \| Commercial \| Loans secured by farm land \| Weighted average \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Discount rate		50%
Foreclosed Assets Held For Sale \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Foreclosed assets held for sale	$ 505
Valuation allowance	0
Fair value	505
Foreclosed Assets Held For Sale \| Valuation, Market Approach \| Commercial Real Estate Receivables \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Foreclosed assets held for sale	275	$ 256
Valuation allowance	0	0
Fair value	$ 275	$ 256
Foreclosed Assets Held For Sale \| Valuation, Market Approach \| Commercial Real Estate Receivables \| Weighted average \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Discount rate	50%	53%
Foreclosed Assets Held For Sale \| Valuation, Market Approach \| Residential mortgage \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Foreclosed assets held for sale	$ 230	$ 684
Valuation allowance	0	0
Fair value	$ 230	$ 684
Foreclosed Assets Held For Sale \| Valuation, Market Approach \| Residential mortgage \| Weighted average \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Discount rate	50%

FAIR VALUE MEASUREMENTS AND F_7

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS - Financial Instruments Not Recorded at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Interest rate swap agreements
Fair values, and carrying amounts financial instruments not recorded at fair value
Fair value derivative asset	$ 1,619	$ 3,104
Reported value measurement \| Level 1
Fair values, and carrying amounts financial instruments not recorded at fair value
Cash and cash equivalents	60,337	95,848
Reported value measurement \| Level 2
Fair values, and carrying amounts financial instruments not recorded at fair value
Certificates of deposit	8,850	9,100
Restricted equity securities (included in Other Assets)	13,693	9,562
Accrued interest receivable	7,740	7,235
Short-term borrowings	90,042	1,803
Long-term borrowings	36,791	28,042
Senior debt	14,733	14,701
Subordinated debt	24,553	33,009
Accrued interest payable	179	205
Reported value measurement \| Level 2 \| Deposits with no stated maturity
Fair values, and carrying amounts financial instruments not recorded at fair value
Deposits, fair value	1,665,866	1,639,167
Reported value measurement \| Level 2 \| Time deposits
Fair values, and carrying amounts financial instruments not recorded at fair value
Deposits, fair value	298,404	285,893
Reported value measurement \| Level 3
Fair values, and carrying amounts financial instruments not recorded at fair value
Loans, net	1,643,057	1,551,312
Estimate of fair value measurement \| Level 1
Fair values, and carrying amounts financial instruments not recorded at fair value
Cash and cash equivalents	60,337	95,848
Estimate of fair value measurement \| Level 2
Fair values, and carrying amounts financial instruments not recorded at fair value
Certificates of deposit	8,532	9,142
Restricted equity securities (included in Other Assets)	13,693	9,562
Accrued interest receivable	7,740	7,235
Short-term borrowings	89,720	1,603
Long-term borrowings	36,524	28,347
Senior debt	12,355	15,016
Subordinated debt	20,639	33,171
Accrued interest payable	179	205
Estimate of fair value measurement \| Level 2 \| Deposits with no stated maturity
Fair values, and carrying amounts financial instruments not recorded at fair value
Deposits, fair value	1,665,866	1,639,167
Estimate of fair value measurement \| Level 2 \| Time deposits
Fair values, and carrying amounts financial instruments not recorded at fair value
Deposits, fair value	298,432	286,962
Estimate of fair value measurement \| Level 3
Fair values, and carrying amounts financial instruments not recorded at fair value
Loans, net	$ 1,640,553	$ 1,573,955