Citizens & Northern (CZNC) 10-Q7 May 212021 Q1 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Mar. 31, 2021	May 05, 2021
Document And Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
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	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		15,998,815
Entity Central Index Key	0000810958
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	false
Current Fiscal Year End Date	--12-31

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Noninterest-bearing	$ 22,449	$ 24,780
Interest-bearing	184,696	77,077
Total cash and due from banks	207,145	101,857
Available-for-sale debt securities, at fair value	366,376	349,332
Loans receivable	1,614,587	1,644,209
Allowance for loan losses	(11,661)	(11,385)
Loans, net	1,602,926	1,632,824
Bank-owned life insurance	30,246	30,096
Accrued interest receivable	7,913	8,293
Bank premises and equipment, net	20,740	21,526
Foreclosed assets held for sale	1,472	1,338
Deferred tax asset, net	3,530	2,705
Goodwill	52,505	52,505
Core deposit intangibles, net	3,717	3,851
Other assets	37,025	34,773
TOTAL ASSETS	2,333,595	2,239,100
LIABILITIES
Noninterest-bearing	566,477	465,332
Interest-bearing	1,357,448	1,355,137
Total deposits	1,923,925	1,820,469
Short-term borrowings	9,763	20,022
Long-term borrowings	50,467	54,608
Subordinated debt	16,534	16,553
Accrued interest and other liabilities	32,850	27,692
TOTAL LIABILITIES	2,033,539	1,939,344
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 16,013,279 and outstanding 15,999,814 at March 31, 2021; issued 15,982,815 and outstanding 15,911,984 at December 31, 2020	16,013	15,983
Paid-in capital	143,173	143,644
Retained earnings	134,176	129,703
Treasury stock, at cost; 13,465 shares at March 31, 2021 and 70,831 shares at December 31, 2020	(265)	(1,369)
Accumulated other comprehensive income	6,959	11,795
TOTAL STOCKHOLDERS' EQUITY	300,056	299,756
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 2,333,595	$ 2,239,100

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Mar. 31, 2021	Dec. 31, 2020
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)	16,013,279	15,982,815
Common stock, shares outstanding (in shares)	15,999,814	15,911,984
Treasury stock, shares (in shares)	13,465	70,831

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Mar. 31, 2021	Mar. 31, 2020
Interest and fees on loans:
Taxable	$ 19,491	$ 14,461
Tax-exempt	439	459
Income from available-for-sale debt securities:
Taxable	1,113	1,588
Tax-exempt	642	437
Other interest and dividend income	69	92
Total interest and dividend income	21,754	17,037
INTEREST EXPENSE
Interest on deposits	1,278	2,155
Interest on short-term borrowings	15	198
Interest on long-term borrowings	134	295
Interest on subordinated debt	244	107
Total interest expense	1,671	2,755
Net interest income	20,083	14,282
Provision for loan losses	259	1,528
Net interest income after provision for loan losses	19,824	12,754
NONINTEREST INCOME
Brokerage and insurance revenue	326	355
Net gains from sale of loans	1,064	315
Increase in cash surrender value of life insurance	150	104
Other noninterest income	1,472	1,061
Total noninterest income	6,782	5,281
NONINTEREST EXPENSE
Salaries and employee benefits	8,895	7,378
Net occupancy and equipment expense	1,304	1,103
Data processing and telecommunications expense	1,380	1,224
Automated teller machine and interchange expense	337	297
Pennsylvania shares tax	491	422
Professional fees	547	379
Merger-related expenses	0	141
Other noninterest expense	2,755	2,109
Total noninterest expense	15,709	13,053
Income before income tax provision	10,897	4,982
Income tax provision	2,110	816
NET INCOME	$ 8,787	$ 4,166
EARNINGS PER COMMON SHARE - BASIC (in dollars per share)	$ 0.55	$ 0.30
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share)	$ 0.55	$ 0.30
Trust and Asset Management
NONINTEREST INCOME
Revenue	$ 1,626	$ 1,479
Deposit Account
NONINTEREST INCOME
Revenue	1,015	1,250
Debit Card
NONINTEREST INCOME
Revenue	881	731
Bank Servicing
NONINTEREST INCOME
Revenue	$ 248	$ (14)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Consolidated Statements of Comprehensive Income
Net income	$ 8,787	$ 4,166
Unrealized holding (losses) gains on available-for-sale debt securities	(6,114)	7,240
Changes from plan amendments and actuarial gains and losses	(5)	88
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost	(4)	(8)
Other comprehensive (loss) income on unfunded retirement obligations	(9)	80
Other comprehensive (loss) income before income tax	(6,123)	7,320
Income tax benefit (expense) related to other comprehensive (loss) income	1,287	(1,537)
Net other comprehensive (loss) income	(4,836)	5,783
Comprehensive income	$ 3,951	$ 9,949

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 8,787	$ 4,166
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	259	1,528
Net amortization of securities	488	367
Increase in cash surrender value of life insurance	(150)	(104)
Depreciation and amortization of bank premises and equipment	553	447
Net accretion of purchase accounting adjustments	(818)	(355)
Stock-based compensation	341	194
Deferred income taxes	462	397
(Increase) decrease in fair value of servicing rights	(75)	126
Gains on sales of loans, net	(1,064)	(315)
Origination of loans held for sale	(32,478)	(10,414)
Proceeds from sales of loans held for sale	30,727	10,842
Increase in accrued interest receivable and other assets	(2,190)	(1,886)
Increase (decrease) in accrued interest payable and other liabilities	891	(799)
Other	(20)	(67)
Net Cash Provided by Operating Activities	5,713	4,127
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of certificates of deposit	(1,250)	0
Proceeds from sales of available-for-sale debt securities	0	6,722
Proceeds from calls and maturities of available-for-sale debt securities	17,093	17,451
Purchase of available-for-sale debt securities	(34,494)	(12,993)
Redemption of Federal Home Loan Bank of Pittsburgh stock	584	3,660
Purchase of Federal Home Loan Bank of Pittsburgh stock	(473)	(2,735)
Net decrease in loans	29,936	15,179
Proceeds from bank owned life insurance	287	0
Proceeds from sales of premises and equipment	495	0
Purchase of premises and equipment	(239)	(1,300)
Proceeds from sale of foreclosed assets	0	1,253
Other	70	70
Net Cash Provided by Investing Activities	12,009	27,307
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposits	103,793	(2,789)
Net decrease in short-term borrowings	(10,211)	(48,619)
Proceeds from long-term borrowings	0	25,891
Repayments of long-term borrowings	(4,024)	(5,074)
Sale of treasury stock	77	124
Purchase of vested restricted stock for tax withholding	(157)	(163)
Common dividends paid	(3,912)	(3,328)
Net Cash Provided by (Used in) Financing Activities	85,566	(33,958)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	103,288	(2,524)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	96,017	31,122
CASH AND CASH EQUIVALENTS, END OF PERIOD	199,305	28,598
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Accrued purchase of certificates of deposit	750	0
Increase in accrued purchase of available-for-sale debt securities	6,245	0
Assets acquired through foreclosure of real estate loans	134	0
Interest paid	2,193	2,650
Income taxes paid	$ 47	$ 42

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income	Total
Balance (in shares) at Dec. 31, 2019	13,934,996	218,551
Balance at Dec. 31, 2019	$ 13,935	$ (4,173)	$ 104,519	$ 126,480	$ 3,691	$ 244,452
Net income				4,166		4,166
Other comprehensive income (loss), net					5,783	5,783
Cash dividends declared on common stock				(3,702)		(3,702)
Shares issued for dividend reinvestment plan (in shares)		(13,945)
Shares issued for dividend reinvestment plan		$ 270	104			374
Shares issued from treasury and redeemed related to exercise of stock options (in shares)		(9,652)
Shares issued from treasury and redeemed related to exercise of stock options		$ 186	(62)			124
Restricted stock granted (in shares)		(55,864)
Restricted stock granted		$ 1,079	(1,079)			0
Forfeiture of restricted stock (in shares)		2,884
Forfeiture of restricted stock		$ (55)	55			0
Stock-based compensation expense			194			194
Purchase of restricted stock for tax withholding (in shares)		5,862
Purchase of restricted stock for tax withholding		$ (163)				(163)
Balance (in shares) at Mar. 31, 2020	13,934,996	147,836
Balance at Mar. 31, 2020	$ 13,935	$ (2,856)	103,731	126,944	9,474	251,228
Balance (in shares) at Dec. 31, 2020	15,982,815	70,831
Balance at Dec. 31, 2020	$ 15,983	$ (1,369)	143,644	129,703	11,795	299,756
Net income				8,787		8,787
Other comprehensive income (loss), net					(4,836)	(4,836)
Cash dividends declared on common stock				(4,314)		(4,314)
Shares issued for dividend reinvestment plan (in shares)	19,475
Shares issued for dividend reinvestment plan	$ 19		383			402
Shares issued from treasury and redeemed related to exercise of stock options (in shares)		(5,414)
Shares issued from treasury and redeemed related to exercise of stock options		$ 105	(28)			77
Restricted stock granted (in shares)	10,989	(63,402)
Restricted stock granted	$ 11	$ 1,229	(1,240)			0
Forfeiture of restricted stock (in shares)		3,791
Forfeiture of restricted stock		$ (73)	73			0
Stock-based compensation expense			341			341
Purchase of restricted stock for tax withholding (in shares)		7,659
Purchase of restricted stock for tax withholding		$ (157)				(157)
Balance (in shares) at Mar. 31, 2021	16,013,279	13,465
Balance at Mar. 31, 2021	$ 16,013	$ (265)	$ 143,173	$ 134,176	$ 6,959	$ 300,056

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Retained Earnings
Common stock, dividends, per share (in dollars per share)	$ 0.27	$ 0.27

BASIS OF INTERIM PRESENTATION A

BASIS OF INTERIM PRESENTATION AND STATUS OF RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2021
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 Corporation and Northern Tier Holding LLC. C&N Bank is the sole member of 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, 2020, 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. Certain 2020 information has been reclassified for consistency with the 2021 presentation. Operating results reported for the three-month period ended March 31, 2021 might not be indicative of the results for the year ending December 31, 2021. 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. 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. 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 Update 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 amendments in ASU 2020-04 are effective as of March 12, 2020 through December 31, 2022. The Corporation has formed a cross functional management team to evaluate and implement changes to contracts with rates indexed to LIBOR and expects to apply the amendments prospectively for applicable loan and other contracts within the effective period of ASU 2020-04.

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	3 Months Ended
BUSINESS COMBINATIONS	Mar. 31, 2021
BUSINESS COMBINATIONS
BUSINESS COMBINATIONS	2. BUSINESS COMBINATIONS Acquisition of Covenant Financial, Inc. On July 1, 2020, the Corporation completed its acquisition of Covenant Financial, Inc. (“Covenant”). Covenant was the holding company for Covenant Bank, which operated banking offices in Bucks and Chester Counties of Pennsylvania. The Covenant acquisition has contributed significantly to growth in the size of the Corporation’s balance sheet and in net interest income and noninterest expenses. In connection with the transaction, the Corporation recorded goodwill of $24.1 million and a core deposit intangible asset of $3.1 million. Total loans acquired on July 1, 2020 were valued at $464.2 million, while total deposits assumed were valued at $481.8 million, borrowings were valued at $64.0 million and subordinated debt was valued at $10.1 million. The Corporation acquired available-for-sale debt securities valued at $10.8 million and bank-owned life insurance valued at $11.2 million. The assets purchased and liabilities assumed in the merger were recorded at their estimated fair values at the time of closing, subject to refinement for up to one year after the closing date. There were no adjustments to the fair value measurements of assets acquired or liabilities assumed in the first quarter 2021. Merger-related expenses related to the planned acquisition of Covenant totaled $141,000 in the first quarter 2020.

PER SHARE DATA

PER SHARE DATA	3 Months Ended
PER SHARE DATA	Mar. 31, 2021
PER SHARE DATA
PER SHARE DATA	3. 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 March 31, March 31, 2021 2020 Basic Net income $ 8,787 $ 4,166 Less: Dividends and undistributed earnings allocated to participating securities (65) (20) Net income attributable to common shares $ 8,722 $ 4,146 Basic weighted-average common shares outstanding 15,850,217 13,685,257 Basic earnings per common share (a) $ 0.55 $ 0.30 Diluted Net income attributable to common shares $ 8,722 $ 4,146 Basic weighted-average common shares outstanding 15,850,217 13,685,257 Dilutive effect of potential common stock arising from stock options 4,234 13,981 Diluted weighted-average common shares outstanding 15,854,451 13,699,238 Diluted earnings per common share (a) $ 0.55 $ 0.30 Weighted-average nonvested restricted shares outstanding 118,442 65,533 (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 net income per share calculations. There were no anti-dilutive instruments in the three-month periods ended March 31, 2021 and 2020.

COMPREHENSIVE INCOME

COMPREHENSIVE INCOME	3 Months Ended
COMPREHENSIVE INCOME	Mar. 31, 2021
COMPREHENSIVE INCOME
COMPREHENSIVE INCOME	4. COMPREHENSIVE INCOME Comprehensive 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 income (loss). The components of other comprehensive income (loss), and the related tax effects, are as follows: (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended March 31, 2021 Other comprehensive loss from available-for-sale debt securities, Unrealized holding losses on available-for-sale debt securities $ (6,114) $ 1,285 $ (4,829) 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 (4) 1 (3) Other comprehensive loss on unfunded retirement obligations (9) 2 (7) Total other comprehensive loss $ (6,123) $ 1,287 $ (4,836) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended March 31, 2020 Other comprehensive income from available-for-sale debt securities, Unrealized holding gains on available-for-sale debt securities $ 7,240 $ (1,521) $ 5,719 Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses 88 (18) 70 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (8) 2 (6) Other comprehensive income on unfunded retirement obligations 80 (16) 64 Total other comprehensive income $ 7,320 $ (1,537) $ 5,783 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 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 income are as follows and are presented net of tax: (In Thousands) Unrealized Accumulated Gains Unfunded Other (Losses) Retirement Comprehensive on Securities Obligations Income Three Months Ended March 31, 2021 Balance, beginning of period $ 11,676 $ 119 $ 11,795 Other comprehensive loss during three months ended March 31, 2021 (4,829) (7) (4,836) Balance, end of period $ 6,847 $ 112 $ 6,959 Three Months Ended March 31, 2020 Balance, beginning of period $ 3,511 $ 180 $ 3,691 Other comprehensive income during three months ended March 31, 2020 5,719 64 5,783 Balance, end of period $ 9,230 $ 244 $ 9,474

CASH AND DUE FROM BANKS

CASH AND DUE FROM BANKS	3 Months Ended
CASH AND DUE FROM BANKS	Mar. 31, 2021
CASH AND DUE FROM BANKS
CASH AND DUE FROM BANKS	5. CASH AND DUE FROM BANKS Cash and due from banks at March 31, 2021 and December 31, 2020 include the following: (In Thousands) March 31, December 31, 2021 2020 Cash and cash equivalents $ 199,305 $ 96,017 Certificates of deposit 7,840 5,840 Total cash and due from banks $ 207,145 $ 101,857 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 March 31, 2021 and December 31, 2020.

SECURITIES

SECURITIES	3 Months Ended
SECURITIES	Mar. 31, 2021
SECURITIES
SECURITIES	6. SECURITIES Amortized cost and fair value of available-for-sale debt securities at March 31, 2021 and December 31, 2020 are summarized as follows: (In Thousands) March 31, 2021 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 15,117 $ 2 $ (34) $ 15,085 Obligations of U.S. Government agencies 24,763 670 (441) 24,992 Obligations of states and political subdivisions: Tax-exempt 120,974 4,487 (343) 125,118 Taxable 51,823 1,397 (682) 52,538 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 38,790 1,099 (132) 39,757 Residential collateralized mortgage obligations 52,715 1,299 (43) 53,971 Commercial mortgage-backed securities 53,528 1,949 (562) 54,915 Total available-for-sale debt securities $ 357,710 $ 10,903 $ (2,237) $ 366,376 (In Thousands) December 31, 2020 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 12,184 $ 0 $ (2) $ 12,182 Obligations of U.S. Government agencies 25,349 1,003 (8) 26,344 Obligations of states and political subdivisions: Tax-exempt 116,427 6,000 (26) 122,401 Taxable 45,230 2,246 (24) 47,452 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 36,853 1,323 0 38,176 Residential collateralized mortgage obligations 56,048 1,428 (9) 57,467 Commercial mortgage-backed securities 42,461 2,849 0 45,310 Total available-for-sale debt securities $ 334,552 $ 14,849 $ (69) $ 349,332 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 March 31, 2021 and December 31, 2020: March 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 $ 9,003 $ (34) $ 0 $ 0 $ 9,003 $ (34) Obligations of U.S. Government agencies 12,058 (441) 0 0 12,058 (441) Obligations of states and political subdivisions: Tax-exempt 26,916 (343) 0 0 26,916 (343) Taxable 19,588 (661) 524 (21) 20,112 (682) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, Residential pass-through securities 9,884 (132) 0 0 9,884 (132) Residential collateralized mortgage obligations 5,228 (43) 0 0 5,228 (43) Commercial mortgage-backed securities 10,624 (562) 0 0 10,624 (562) Total temporarily impaired available for sale debt securities $ 93,301 $ (2,216) $ 524 $ (21) $ 93,825 $ (2,237) December 31, 2020 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 $ 9,159 $ (2) $ 0 $ 0 $ 9,159 $ (2) Obligations of U.S. Government agencies 4,992 (8) 0 0 4,992 (8) Obligations of states and political subdivisions: Tax-exempt 3,811 (26) 0 0 3,811 (26) Taxable 5,235 (24) 0 0 5,235 (24) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, Residential collateralized mortgage obligations 2,861 (9) 0 0 2,861 (9) Total temporarily impaired available-for-sale debt securities $ 26,058 $ (69) $ 0 $ 0 $ 26,058 $ (69) Gross realized gains and losses from available-for-sale debt securities were as follows: (In Thousands) Three Months Ended March 31, March 31, 2021 2020 Gross realized gains from sales $ 0 $ 52 Gross realized losses from sales 0 (52) Net realized gains $ 0 $ 0 The amortized cost and fair value of available-for-sale debt securities by contractual maturity are shown in the following table as of March 31, 2021. 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) March 31, 2021 Amortized Fair Cost Value Due in one year or less $ 14,667 $ 14,760 Due from one year through five years 45,128 46,421 Due from five years through ten years 51,245 52,787 Due after ten years 101,637 103,765 Sub-total 212,677 217,733 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 38,790 39,757 Residential collateralized mortgage obligations 52,715 53,971 Commercial mortgage-backed securities 53,528 54,915 Total $ 357,710 $ 366,376 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 $254,860,000 at March 31, 2021 and $247,373,000 at December 31, 2020 were pledged as collateral for public deposits, trusts and certain other deposits as provided by law. See Note 9 for information concerning securities pledged to secure borrowing arrangements and Note 12 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 other-than-temporary impairment (“OTTI”) at March 31, 2021 is provided below. Debt Securities At March 31, 2021 and December 31, 2020, 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. Based on the results of the assessment, management believes impairment of debt securities at March 31, 2021 and December 31, 2020 to be 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 $9,609,000 at March 31, 2021 and $9,720,000 at December 31, 2020. The Corporation evaluated its holding of FHLB-Pittsburgh stock for impairment and deemed the stock to not be impaired at March 31, 2021 and December 31, 2020. 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 $982,000 at March 31, 2021 and $1,000,000 at December 31, 2020, consisting exclusively of one mutual fund. There was an unrealized loss on the mutual fund of $18,000 at March 31, 2021 and no unrealized gain or loss on the mutual fund at December 31, 2020. Changes in the unrealized gains or losses on this security are included in other noninterest income in the consolidated statements of income.

LOANS

LOANS	3 Months Ended
LOANS	Mar. 31, 2021
LOANS
LOANS	7. LOANS The loans receivable portfolio is segmented into commercial, residential mortgage and consumer loans. Loans outstanding at March 31, 2021 and December 31, 2020 are summarized by segment, and by classes within each segment, as follows: Summary of Loans by Type (In Thousands) March 31, December 31, 2021 2020 Commercial: Commercial loans secured by real estate $ 524,886 $ 531,810 Commercial and industrial 155,828 159,577 Paycheck Protection Program - 1st Draw 71,708 132,269 Paycheck Protection Program - 2nd Draw 66,127 0 Political subdivisions 49,860 53,221 Commercial construction and land 45,307 42,874 Loans secured by farmland 10,897 11,736 Multi-family (5 or more) residential 54,049 55,811 Agricultural loans 2,460 3,164 Other commercial loans 16,315 17,289 Total commercial 997,437 1,007,751 Residential mortgage: Residential mortgage loans - first liens 518,392 532,947 Residential mortgage loans - junior liens 25,402 27,311 Home equity lines of credit 39,083 39,301 1-4 Family residential construction 18,376 20,613 Total residential mortgage 601,253 620,172 Consumer 15,897 16,286 Total 1,614,587 1,644,209 Less: allowance for loan losses (11,661) (11,385) Loans, net $ 1,602,926 $ 1,632,824 In the table above, outstanding loan balances are presented net of deferred loan origination fees, net, of $7,388,000 at March 31, 2021 and $6,286,000 at December 31, 2020. 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 and southeastern 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. The CARES Act is a $2 trillion stimulus package designed to provide relief to U.S. businesses and consumers struggling as a result of the pandemic. 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, provides SBA-guaranteed loans to small businesses to pay their employees, rent, mortgage interest, and utilities. PPP loans will be 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. Section 4013 of the CARES Act provides that, from the period beginning March 1, 2020 until 60 days after the date on which the national emergency concerning the coronavirus (COVID-19) pandemic declared by the President of the United States under the National Emergencies Act terminates (the “applicable period”), the Corporation may elect to suspend U.S. GAAP for loan modifications related to the pandemic that would otherwise be categorized as troubled debt restructurings (TDRs) and suspend any determination of a loan modified as a result of the effects of the pandemic as being a TDR, including impairment for accounting purposes. The suspension is applicable for the term of the loan modification that occurs during the applicable period for a loan that was not more than 30 days past due as of December 31, 2019. The suspension is not applicable to any adverse impact on the credit of a borrower that is not related to the pandemic. In addition, the banking regulators and other financial regulators, on March 22, 2020 and revised April 7, 2020, issued a joint interagency statement titled the “Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus” that encourages financial institutions to work prudently with borrowers who are or may be unable to meet their contractual payment obligations due to the effects of the COVID-19 pandemic. Pursuant to the interagency statement, loan modifications that do not meet the conditions of Section 4013 of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. Specifically, the agencies confirmed with the FASB staff that short-term modifications made in good faith in response to the pandemic to borrowers who were current prior to any relief are not TDRs under U.S. GAAP. This includes short-term (e.g. six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or delays in payment that are insignificant. Borrowers considered current are those that are less than 30 days past due on their contractual payments at the time a modification program is implemented. Appropriate allowances for loan and lease losses are expected to be maintained. With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to the pandemic as past due because of the deferral. The interagency statement also states that during short-term pandemic-related loan modifications, these loans generally should not be reported as nonaccrual. On December 27, 2020, the President of the United States signed into law the Consolidated Appropriations Act, 2021 (the “CAA”), which both funds the federal government until September 30, 2021 and broadly addresses additional COVID-19 responses and relief. Among the additional relief measures included are certain extensions to elements of the CARES Act, including extension of temporary relief from troubled debt restructurings established under Section 4013 of the CARES Act to the earlier of a) January 1, 2022, or b) the date that is 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 PPP loans acquired from Covenant, are recognized in interest income as a yield adjustment over the term of the loans. The Corporation began accepting and processing applications for loans under the PPP on April 3, 2020. Covenant also engaged in PPP lending starting in early April 2020. As of March 31, 2021, the recorded investment in 1st Draw PPP loans was $71,708,000, including contractual principal balances of $72,987,000, increased by a market rate adjustment on PPP loans acquired from Covenant of $164,000 and reduced by net deferred origination fees of $1,443,000. The recorded investment in 2nd Draw PPP loans was $66,127,000, including contractual principal balances of $69,000,000 reduced by net deferred origination fees of $2,873,000. Accretion of fees received on 1st Draw PPP loans, net of amortization of the market rate adjustment on PPP loans acquired from Covenant, was $1,548,000 and the accretion of fees on 2nd Draw PPP loans was $97,000 in the three-month period ended March 31, 2021. To work with clients impacted by COVID-19, the Corporation is offering short-term loan modifications on a case-by-case basis to borrowers who were current in their payments at the inception of the loan modification program. Prior to the merger, Covenant had a similar program in place, and these modified loans have been incorporated into the Corporation’s program. These efforts have been designed to assist borrowers as they deal with the current crisis and help the Corporation mitigate credit risk. For loans subject to the program, each borrower is required to resume making regularly scheduled loan payments at the end of the modification period and the deferred amounts will be moved to the end of the loan term. Consistent with Section 4013 of the CARES Act, the modified loans have not been reported as past due, nonaccrual or as TDRs at March 31, 2021. Most of the initial modifications under the program became effective in March 2020 or the second quarter 2020 and provided a deferral of interest or principal and interest for 90-to-180 days. Many of the loans for which deferrals were granted returned to full payment status prior to March 31, 2021, while additional deferrals have been granted on certain loans. The quantity and balances of modifications outstanding under the program and a summary of their risk ratings at March 31, 2021 are as follows: Deferrals Remaining As of March 31, 2021 (Dollars in Thousands) Number Purchased of Special Credit Loans Pass Mention Substandard Impaired Total COVID-19-related loan modifications: Commercial Accommodation and food services - hotels 5 $ 9,186 $ 10,349 $ 0 $ 0 $ 19,535 Lessors of residential buildings and dwellings 3 0 0 55 1,557 1,612 Lessors of nonresidential buildings (except miniwarehouses) 1 0 0 0 1,411 1,411 Transportation and warehousing 4 1,197 0 0 0 1,197 Religious organizations 2 757 0 0 0 757 Real estate rental and leasing - other 1 438 0 0 0 438 Total commercial 16 11,578 10,349 55 2,968 24,950 Residential mortgage 9 619 0 475 0 1,094 Consumer 0 0 0 0 0 0 Total 25 $ 12,197 $ 10,349 $ 530 $ 2,968 $ 26,044 For the loans in the table above, the deferral periods as of March 31, 2021 expire in the second or third quarters of 2021. The Corporation will continue to evaluate requests for additional deferrals on a case-by-case basis. The ultimate effect of COVID-19 on the local or broader economy is not known. In June, September and December 2020, and March 2021, the Corporation’s credit administration and commercial lending staffs performed reviews of commercial credits with “Pass” ratings in an effort to reduce the risk of failing to identify loans that should be evaluated for risk rating downgrade or a specific allowance. Updated risk ratings and specific allowances based on that review have been included in the March 31, 2021 information presented below. Because of the significant uncertainties related to the ultimate duration of the COVID-19 pandemic and its economic impact, the total impact on the Corporation’s loan portfolio is not determinable. As described in Note 2, effective July 1, 2020, the Corporation acquired loans pursuant to its acquisition of Covenant, and effective April 1, 2019, the Corporation acquired loans pursuant to the acquisition of Monument Bancorp, Inc. (“Monument”). The acquired loans were recorded at their initial fair value, with adjustments made to the gross amortized cost of loans based on movements in interest rates (market rate adjustment) and based on credit fair value adjustments on non-impaired loans and impaired loans. In the last three quarters of 2019 and in 2020, the Corporation 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 periods ended March 31, 2021 and 2020, adjustments to the initial market rate and credit fair value adjustments of performing loans were recognized as follows: (In Thousands) Three Months Ended March 31, March 31, 2021 2020 Market Rate Adjustment Adjustments to gross amortized cost of loans at beginning of period $ 718 $ (1,415) (Amortization) accretion recognized in interest income (366) 147 Adjustments to gross amortized cost of loans at end of period $ 352 $ (1,268) Credit Adjustment on Non-impaired Loans Adjustments to gross amortized cost of loans at beginning of period $ (5,979) $ (1,216) Accretion recognized in interest income 797 205 Adjustments to gross amortized cost of loans at end of period $ (5,182) $ (1,011) A summary of PCI loans held at March 31, 2021 and December 31, 2020 is as follows: (In Thousands) March 31, December 31, 2021 2020 Outstanding balance $ 10,256 $ 10,316 Carrying amount 6,781 6,841 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 March 31, 2021 and December 31, 2020, 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 periods ended March 31, 2021 and 2020 were as follows: Three Months Ended March 31, 2021 December 31, 2020 March 31, 2021 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,051 $ 0 $ 0 $ 299 $ 3,350 Commercial and industrial 2,245 0 14 (72) 2,187 Commercial construction and land 454 0 0 22 476 Loans secured by farmland 120 0 0 (9) 111 Multi-family (5 or more) residential 236 0 0 19 255 Agricultural loans 34 0 0 (8) 26 Other commercial loans 168 0 0 (9) 159 Total commercial 6,308 0 14 242 6,564 Residential mortgage: Residential mortgage loans - first liens 3,524 0 1 (18) 3,507 Residential mortgage loans - junior liens 349 0 0 (15) 334 Home equity lines of credit 281 0 1 (1) 281 1-4 Family residential construction 99 0 0 (21) 78 Total residential mortgage 4,253 0 2 (55) 4,200 Consumer 239 (11) 12 (20) 220 Unallocated 585 0 0 92 677 Total Allowance for Loan Losses $ 11,385 $ (11) $ 28 $ 259 $ 11,661 Three Months Ended March 31, 2020 December 31, 2019 March 31, 2020 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 1,921 $ 0 $ 0 $ 11 $ 1,932 Commercial and industrial 1,391 (17) 0 1,271 2,645 Commercial construction and land 966 0 0 4 970 Loans secured by farmland 158 0 0 (14) 144 Multi-family (5 or more) residential 156 0 0 43 199 Agricultural loans 41 0 0 (2) 39 Other commercial loans 155 0 0 5 160 Total commercial 4,788 (17) 0 1,318 6,089 Residential mortgage: Residential mortgage loans - first liens 3,405 0 1 166 3,572 Residential mortgage loans - junior liens 384 0 1 29 414 Home equity lines of credit 276 0 1 1 278 1-4 Family residential construction 117 0 0 2 119 Total residential mortgage 4,182 0 3 198 4,383 Consumer 281 (31) 11 12 273 Unallocated 585 0 0 0 585 Total Allowance for Loan Losses $ 9,836 $ (48) $ 14 $ 1,528 $ 11,330 For the three months ended March 31, 2021, the provision for loan losses was $259,000, a decrease in expense of $1,269,000 as compared to the three months ended March 31, 2020. In the first three months of 2020, the provision included the effects of recording a specific allowance of $1,193,000 on a commercial loan for which a charge-off of $2,219,000 was subsequently recorded in the third quarter 2020. 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 March 31, 2021 and December 31, 2020: March 31, 2021 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 485,821 $ 18,419 $ 16,371 $ 0 $ 4,275 $ 524,886 Commercial and Industrial 139,780 8,627 6,537 95 789 155,828 Paycheck Protection Program - 1st Draw 71,708 0 0 0 0 71,708 Paycheck Protection Program - 2nd Draw 66,127 0 0 0 0 66,127 Political subdivisions 49,860 0 0 0 0 49,860 Commercial construction and land 44,543 715 49 0 0 45,307 Loans secured by farmland 9,657 397 843 0 0 10,897 Multi-family (5 or more) residential 49,204 2,380 887 0 1,578 54,049 Agricultural loans 1,880 0 580 0 0 2,460 Other commercial loans 16,315 0 0 0 0 16,315 Total commercial 934,895 30,538 25,267 95 6,642 997,437 Residential Mortgage: Residential Mortgage loans - first liens 501,338 5,397 11,583 0 74 518,392 Residential Mortgage loans - junior liens 24,601 132 604 0 65 25,402 Home equity lines of credit 38,326 59 698 0 0 39,083 1-4 Family residential construction 18,376 0 0 0 0 18,376 Total residential mortgage 582,641 5,588 12,885 0 139 601,253 Consumer 15,784 0 113 0 0 15,897 Totals $ 1,533,320 $ 36,126 $ 38,265 $ 95 $ 6,781 $ 1,614,587 December 31, 2020 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 494,876 $ 17,374 $ 15,262 $ 0 $ 4,298 $ 531,810 Commercial and Industrial 143,500 8,025 7,268 0 784 159,577 Paycheck Protection Program - 1st Draw 132,269 0 0 0 0 132,269 Political subdivisions 53,221 0 0 0 0 53,221 Commercial construction and land 42,110 715 49 0 0 42,874 Loans secured by farmland 10,473 405 858 0 0 11,736 Multi-family (5 or more) residential 50,563 2,405 1,229 0 1,614 55,811 Agricultural loans 2,569 0 595 0 0 3,164 Other commercial loans 17,289 0 0 0 0 17,289 Total commercial 946,870 28,924 25,261 0 6,696 1,007,751 Residential Mortgage: Residential Mortgage loans - first liens 516,685 6,192 9,994 0 76 532,947 Residential Mortgage loans - junior liens 26,480 141 621 0 69 27,311 Home equity lines of credit 38,529 59 713 0 0 39,301 1-4 Family residential construction 20,613 0 0 0 0 20,613 Total residential mortgage 602,307 6,392 11,328 0 145 620,172 Consumer 16,172 0 114 0 0 16,286 Totals $ 1,565,349 $ 35,316 $ 36,703 $ 0 $ 6,841 $ 1,644,209 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 March 31, 2021 and December 31, 2020. March 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 $ 12,749 $ 512,137 $ 524,886 $ 899 $ 2,451 $ 3,350 Commercial and industrial 1,422 154,406 155,828 71 2,116 2,187 Paycheck Protection Program - 1st Draw 0 71,708 71,708 0 0 0 Paycheck Protection Program - 2nd Draw 0 66,127 66,127 0 0 0 Political subdivisions 0 49,860 49,860 0 0 0 Commercial construction and land 0 45,307 45,307 0 476 476 Loans secured by farmland 84 10,813 10,897 0 111 111 Multi-family (5 or more) residential 1,578 52,471 54,049 0 255 255 Agricultural loans 0 2,460 2,460 0 26 26 Other commercial loans 0 16,315 16,315 0 159 159 Total commercial 15,833 981,604 997,437 970 5,594 6,564 Residential mortgage: Residential mortgage loans - first liens 1,920 516,472 518,392 8 3,499 3,507 Residential mortgage loans - junior liens 405 24,997 25,402 146 188 334 Home equity lines of credit 0 39,083 39,083 0 281 281 1-4 Family residential construction 0 18,376 18,376 0 78 78 Total residential mortgage 2,325 598,928 601,253 154 4,046 4,200 Consumer 0 15,897 15,897 0 220 220 Unallocated 677 Total $ 18,158 $ 1,596,429 $ 1,614,587 $ 1,124 $ 9,860 $ 11,661 December 31, 2020 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Commercial: Commercial loans secured by real estate $ 11,962 $ 519,848 $ 531,810 $ 692 $ 2,359 $ 3,051 Commercial and industrial 1,359 158,218 159,577 71 2,174 2,245 Paycheck Protection Program - 1st Draw 0 132,269 132,269 0 0 0 Political subdivisions 0 53,221 53,221 0 0 0 Commercial construction and land 0 42,874 42,874 0 454 454 Loans secured by farmland 84 11,652 11,736 0 120 120 Multi-family (5 or more) residential 1,614 54,197 55,811 0 236 236 Agricultural loans 0 3,164 3,164 0 34 34 Other commercial loans 0 17,289 17,289 0 168 168 Total commercial 15,019 992,732 1,007,751 763 5,545 6,308 Residential mortgage: Residential mortgage loans - first liens 2,385 530,562 532,947 9 3,515 3,524 Residential mortgage loans - junior liens 414 26,897 27,311 153 196 349 Home equity lines of credit 0 39,301 39,301 0 281 281 1-4 Family residential construction 0 20,613 20,613 0 99 99 Total residential mortgage 2,799 617,373 620,172 162 4,091 4,253 Consumer 0 16,286 16,286 0 239 239 Unallocated 585 Total $ 17,818 $ 1,626,391 $ 1,644,209 $ 925 $ 9,875 $ 11,385 Summary information related to impaired loans at March 31, 2021 and December 31, 2020 is provided in the table immediately below. (In Thousands) March 31, 2021 December 31, 2020 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 $ 6,731 $ 4,961 $ 0 $ 7,168 $ 5,398 $ 0 Commercial and industrial 1,844 1,350 0 1,781 1,287 0 Residential mortgage loans - first liens 731 731 0 1,248 1,248 0 Residential mortgage loans - junior liens 155 100 0 160 105 0 Loans secured by farmland 84 84 0 84 84 0 Multi-family (5 or more) residential 2,734 1,578 0 2,770 1,614 0 Total with no related allowance recorded 12,279 8,804 0 13,211 9,736 0 With a related allowance recorded: Commercial loans secured by real estate 7,788 7,788 898 6,501 6,501 691 Commercial and industrial 72 72 72 72 72 72 Residential mortgage loans - first liens 1,189 1,189 8 1,200 1,200 9 Residential mortgage loans - junior liens 305 305 146 309 309 153 Total with a related allowance recorded 9,354 9,354 1,124 8,082 8,082 925 Total $ 21,633 $ 18,158 $ 1,124 $ 21,293 $ 17,818 $ 925 In the table immediately above, loans to two borrowers are presented under the Residential mortgage loans – first liens and Residential mortgage loans – junior liens classes. Each of these loans is collateralized by one property, and the allowance associated with each of these loans was determined based on an analysis of the total amounts of the Corporation’s exposure in comparison to the estimated net proceeds if the Corporation were to sell the property. The total allowance related to these two borrowers was $146,000 at March 31, 2021 and $153,000 at December 31, 2020. The average balance of impaired loans, excluding purchased credit 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 Three Months Ended March 31, March 31, 2021 2020 2021 2020 Commercial: Commercial loans secured by real estate $ 12,203 $ 387 $ 143 $ 4 Commercial and industrial 1,082 2,872 12 1 Commercial construction and land 49 1,308 1 12 Loans secured by farmland 84 516 1 17 Multi-family (5 or more) residential 1,596 0 61 0 Agricultural loans 69 76 2 0 Other commercial loans 0 50 0 1 Total commercial 15,083 5,209 220 35 Residential mortgage: Residential mortgage loans - first lien 2,451 1,232 37 8 Residential mortgage loans - junior lien 437 382 5 0 Home equity lines of credit 18 65 0 1 Total residential mortgage 2,906 1,679 42 9 Consumer 0 0 0 0 Total $ 17,989 $ 6,888 $ 262 $ 44 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) March 31, 2021 December 31, 2020 Past Due Past Due 90+ Days and 90+ Days and Accruing Nonaccrual Accruing Nonaccrual Commercial: Commercial loans secured by real estate $ 155 $ 12,648 $ 395 $ 11,550 Commercial and industrial 103 1,047 142 970 Commercial construction and land 0 49 0 49 Loans secured by farmland 188 84 188 84 Multi-family (5 or more) residential 0 1,578 0 1,614 Other commercial 0 0 71 0 Total commercial 446 15,406 796 14,267 Residential mortgage: Residential mortgage loans - first liens 550 5,964 838 6,387 Residential mortgage loans - junior liens 45 370 52 378 Home equity lines of credit 196 295 233 299 Total residential mortgage 791 6,629 1,123 7,064 Consumer 48 81 56 85 Totals $ 1,285 $ 22,116 $ 1,975 $ 21,416 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 $6,781,000 at March 31, 2021 and $6,841,000 at December 31, 2020 are classified as nonaccrual. The table below presents a summary of the contractual aging of loans as of March 31, 2021 and December 31, 2020. Loans modified under the Corporation’s program designed to work with clients impacted by COVID-19, as described above, are included in the current and past due less than 30 days category in the table that follows. (In Thousands) As of March 31, 2021 As of December 31, 2020 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 $ 519,474 $ 630 $ 4,782 $ 524,886 $ 529,998 $ 66 $ 1,746 $ 531,810 Commercial and industrial 154,745 94 989 155,828 158,523 55 999 159,577 Paycheck Protection Program - 1st Draw 71,708 0 0 71,708 132,269 0 0 132,269 Paycheck Protection Program - 2nd Draw 66,127 0 0 66,127 0 0 0 0 Political subdivisions 49,860 0 0 49,860 53,221 0 0 53,221 Commercial construction and land 45,060 198 49 45,307 42,590 284 0 42,874 Loans secured by farmland 10,593 82 222 10,897 11,419 95 222 11,736 Multi-family (5 or more) residential 54,049 0 0 54,049 53,860 1,951 0 55,811 Agricultural loans 2,364 96 0 2,460 3,091 2 71 3,164 Other commercial loans 16,315 0 0 16,315 17,289 0 0 17,289 Total commercial 990,295 1,100 6,042 997,437 1,002,260 2,453 3,038 1,007,751 Residential mortgage: Residential mortgage loans - first liens 508,818 7,176 2,398 518,392 523,191 5,703 4,053 532,947 Residential mortgage loans - junior liens 25,201 20 181 25,402 27,009 111 191 27,311 Home equity lines of credit 38,455 432 196 39,083 38,919 101 281 39,301 1-4 Family residential construction 18,376 0 0 18,376 20,457 156 0 20,613 Total residential mortgage 590,850 7,628 2,775 601,253 609,576 6,071 4,525 620,172 Consumer 15,752 26 119 15,897 16,063 83 140 16,286 Totals $ 1,596,897 $ 8,754 $ 8,936 $ 1,614,587 $ 1,627,899 $ 8,607 $ 7,703 $ 1,644,209 Nonaccrual loans are inclu

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS, NET	3 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS, NET	Mar. 31, 2021
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
GOODWILL AND OTHER INTANGIBLE ASSETS, NET	8. GOODWILL AND OTHER INTANGIBLE ASSETS Information related to core deposit intangibles is as follows: (In Thousands) March 31, December 31, 2021 2020 Gross amount $ 6,639 $ 6,639 Accumulated amortization (2,922) (2,788) Net $ 3,717 $ 3,851 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 March 31, March 31, 2021 2020 Amortization expense $ 134 $ 62 Goodwill represents the excess of the cost of acquisitions over the fair value of the net assets acquired. At March 31, 2021 and December 31, 2020, the net carrying value of goodwill was $52,505,000. There were no changes in the carrying value of goodwill in the three-month periods ended March 31, 2021 and 2020.

BORROWED FUNDS AND SUBORDINATED

BORROWED FUNDS AND SUBORDINATED DEBT	3 Months Ended
BORROWED FUNDS AND SUBORDINATED DEBT	Mar. 31, 2021
BORROWED FUNDS AND SUBORDINATED DEBT
BORROWED FUNDS AND SUBORDINATED DEBT	9. BORROWED FUNDS AND SUBORDINATED DEBT Short-term borrowings (initial maturity within one year) include the following: (In Thousands) March 31, December 31, 2021 2020 FHLB-Pittsburgh borrowings $ 8,018 $ 18,066 Customer repurchase agreements 1,745 1,956 Total short-term borrowings $ 9,763 $ 20,022 At March 31, 2021, short-term borrowings from FHLB-Pittsburgh include two advances with par values totaling $8,000,000 which are presented in the table inclusive of the unaccreted purchase accounting adjustment, with a weighted-average effective interest rate of 0.42%. At December 31, 2020, short-term borrowings from FHLB-Pittsburgh included five advances totaling $18,000,000 par value, with a weighted average effective interest rate of 0.43%. The Corporation had available credit with other correspondent banks totaling $45,000,000 at March 31, 2021 and December 31, 2020. These lines of credit are primarily unsecured. No amounts were outstanding at March 31, 2021 or December 31, 2020. The Corporation has a line of credit with the Federal Reserve Bank of Philadelphia’s Discount Window. At March 31, 2021, the Corporation had available credit in the amount of $14,522,000 on this line with no outstanding advances. At December 31, 2020, the Corporation had available credit in the amount of $14,654,000 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 $14,992,000 at March 31, 2021 and $15,126,000 at December 31, 2020. 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 March 31, 2021 and December 31, 2020. The carrying value of the underlying securities was $1,780,000 at March 31, 2021 and $1,980,000 at December 31, 2020. The FHLB-Pittsburgh loan facility is collateralized by qualifying loans secured by real estate with a book value totaling $1,033,262,000 at March 31, 2021 and $1,049,690,000 at December 31, 2020. 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 $9,609,000 at March 31, 2021 and $9,720,000 at December 31, 2020. In addition to the short-term and long-term borrowings shown in these tables, there was a $400,000 letter of credit from FHLB-Pittsburgh outstanding at March 31, 2021. The Corporation’s total credit facility with FHLB-Pittsburgh was $761,761,000 at March 31, 2021, including an unused (available) amount of $703,562,000. At December 31, 2020, the Corporation’s total credit facility with FHLB-Pittsburgh was $771,199,000, including an unused (available) amount of $698,977,000. LONG-TERM BORROWINGS Long-term borrowings from FHLB-Pittsburgh are as follows: (In Thousands) March 31, December 31, 2021 2020 Loans maturing in 2021 with a weighted-average rate of 1.31% $ 22,072 $ 26,098 Loans maturing in 2022 with a weighted-average rate of 0.60% 15,626 15,682 Loans maturing in 2023 with a weighted-average rate of 0.73% 7,198 7,224 Loans maturing in 2024 with a weighted-average rate of 0.75% 5,127 5,137 Loan maturing in 2025 with an average rate of 4.91% 444 467 Total long-term FHLB-Pittsburgh borrowings $ 50,467 $ 54,608 _____________________________________________________ Note: Weighted-average rates are presented as of March 31, 2021. SUBORDINATED DEBT At March 31, 2021 and December 31, 2020, outstanding subordinated debt agreements are as follows: (In Thousands) March 31, December 31, 2021 2020 Agreements with an aggregate par value of $8,000,000; bearing interest at 6.25%; maturing in June 2026 and redeemable at par in June 2021 $ 8,012 $ 8,027 Agreements with an aggregate par value of $6,500,000; bearing interest at 6.50%; maturing in April 2027 and redeemable at par in April 2022 6,500 6,500 Agreement with a par value of $2,000,000; bearing interest at 6.50%; maturing in July 2027 and redeemable at par in July 2022 2,022 2,026 Total carrying value $ 16,534 $ 16,553

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS	3 Months Ended
STOCK-BASED COMPENSATION PLANS	Mar. 31, 2021
STOCK-BASED COMPENSATION PLANS
STOCK-BASED COMPENSATION PLANS	10. 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 2021 restricted stock awards under the Stock Incentive Plan vest ratably over three years, and the 2021 restricted stock issued under the Independent Directors Stock Incentive Plan vests over one year. Following is a summary of restricted stock awards granted in the three-month period ended March 31, 2021: (Dollars in Thousands) Aggregate Grant Date Number of Fair Shares Value 1st quarter 2021 awards: Time-based awards to independent directors 10,989 $ 220 Time-based awards to employees 46,178 924 Performance-based awards to employees 17,224 345 Total 74,391 $ 1,489 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, 2021 is estimated to total $1,600,000. Total stock-based compensation expense attributable to restricted stock awards amounted to $341,000 in the first quarter 2021 and $194,000 in the first quarter 2020.

CONTINGENCIES

CONTINGENCIES	3 Months Ended
CONTINGENCIES	Mar. 31, 2021
CONTINGENCIES
CONTINGENCIES	11. CONTINGENCIES Litigation Matters In the normal course of business, the Corporation may be subject to pending and threatened lawsuits in which claims for monetary damages could be asserted. In management’s opinion, the Corporation’s financial position and results of operations would not be materially affected by the outcome of such pending legal proceedings. Trust Department Tax Reporting Contingency The Corporation has incurred operational losses from compliance oversight related to trust department tax preparation and administration activities that occurred prior to 2020. In 2020, the Corporation made changes in internal controls and personnel responsible for trust department tax administration activities. Management implemented the changes in internal controls and personnel in an effort to mitigate and prevent the likelihood of new instances of non-compliance from trust department tax administration activities. Estimated losses related to trust department tax compliance matters totaled $107,000 in the first quarter 2021, with no corresponding amount in the first quarter 2020. These losses are included in other noninterest expense in the consolidated statements of income. The balance of accrued interest and other liabilities in the consolidated balance sheets includes $429,000 at March 31, 2021 and $322,000 at December 31, 2020 related to specific tax compliance matters that have been identified; however, no estimate can be made of the amount of additional expenses that may be incurred related to these matters.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	3 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS	Mar. 31, 2021
DERIVATIVE FINANCIAL INSTRUMENTS
DERIVATIVE FINANCIAL INSTRUMENTS	12. 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 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 $129,416,000 at March 31, 2021 and $135,740,000 at December 31, 2020. There were no interest rate swaps originated in the first quarter 2021or first quarter 2020. There were no gross amounts of interest rate swap-related assets and liabilities not offset in the consolidated balance sheets at March 31, 2021. In the first quarter 2021, the net impact on the consolidated statements of income from interest rate swaps was a reduction in interest income on loans of $338,000. There were no interest rate swaps in place in the first quarter 2020. 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 March 31, 2021 and December 31,2020: (In Thousands) At March 31, 2021 At December 31, 2020 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 $ 64,708 $ 3,933 $ 64,708 $ 3,933 $ 67,870 $ 6,566 $ 67,870 $ 6,566 (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 $9,145,000 were pledged as collateral against the Corporation’s liability related to the interest rate swaps at March 31, 2021.

FAIR VALUE MEASUREMENTS AND FAI

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2021
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS	13. 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 March 31, 2021 and December 31, 2020, assets and liabilities measured at fair value and the valuation methods used are as follows: March 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 $ 0 $ 15,085 $ 0 $ 15,085 Obligations of U.S. Government agencies 0 24,992 0 24,992 Obligations of states and political subdivisions: Tax-exempt 0 125,118 0 125,118 Taxable 0 52,538 0 52,538 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 39,757 0 39,757 Residential collateralized mortgage obligations 0 53,971 0 53,971 Commercial mortgage-backed securities 0 54,915 0 54,915 Total available-for-sale debt securities 0 366,376 0 366,376 Marketable equity security 982 0 0 982 Servicing rights 0 0 1,956 1,956 Interest rate swap agreements, assets 0 3,933 0 3,933 Total recurring fair value measurements, assets $ 982 $ 370,309 $ 1,956 $ 373,247 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 3,933 $ 0 $ 3,933 Nonrecurring fair value measurements, assets: Impaired loans with a valuation allowance $ 0 $ 0 $ 9,354 $ 9,354 Valuation allowance 0 0 (1,124) (1,124) Impaired loans, net 0 0 8,230 8,230 Foreclosed assets held for sale 0 0 1,472 1,472 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 9,702 $ 9,702 December 31, 2020 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 $ 0 $ 12,182 $ 0 $ 12,182 Obligations of U.S. Government agencies 0 26,344 0 26,344 Obligations of states and political subdivisions: Tax-exempt 0 122,401 0 122,401 Taxable 0 47,452 0 47,452 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 38,176 0 38,176 Residential collateralized mortgage obligations 0 57,467 0 57,467 Commercial mortgage-backed securities 0 45,310 0 45,310 Total available-for-sale debt securities 0 349,332 0 349,332 Marketable equity security 1,000 0 0 1,000 Servicing rights 0 0 1,689 1,689 Interest rate swap agreements, assets 0 6,566 0 6,566 Total recurring fair value measurements, assets $ 1,000 $ 355,898 $ 1,689 $ 358,587 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 6,566 $ 0 $ 6,566 Nonrecurring fair value measurements, assets: Impaired loans with a valuation allowance $ 0 $ 0 $ 8,082 $ 8,082 Valuation allowance 0 0 (925) (925) Impaired loans, net 0 0 7,157 7,157 Foreclosed assets held for sale 0 0 1,338 1,338 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 8,495 $ 8,495 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 March 31, 2021 and December 31, 2020, 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 3/31/2021 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 3/31/2021 Servicing rights $ 1,956 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 239.00 % 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 12/31/2020 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/2020 Servicing rights $ 1,689 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 277.00 % 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 March 31, 2021 March 31, 2020 Servicing rights balance, beginning of period $ 1,689 $ 1,277 Originations of servicing rights 192 75 Unrealized gain (loss) included in earnings 75 (126) Servicing rights balance, end of period $ 1,956 $ 1,226 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. For commercial and industrial and agricultural loans secured by non-real estate collateral, such as accounts receivable, inventory and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable aging data or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. At March 31, 2021 and December 31, 2020, 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 3/31/2021 3/31/2021 3/31/2021 Technique Inputs 3/31/2021 Impaired loans: Commercial: Commercial loans secured by real estate $ 7,788 $ 898 $ 6,890 Sales comparison Discount to appraised value 35 % Commercial and industrial 72 72 0 Liquidation of assets Discount to appraised value 100 % Residential mortgage loans - first and junior liens 1,494 154 1,340 Sales comparison Discount to appraised value 31 % Total impaired loans $ 9,354 $ 1,124 $ 8,230 Foreclosed assets held for sale - real estate: Commercial real estate $ 1,254 $ 0 $ 1,254 Sales comparison Discount to appraised value 44 % Residential (1-4 family) 218 0 218 Sales comparison Discount to appraised value 27 % Total foreclosed assets held for sale $ 1,472 $ 0 $ 1,472 (Dollars In Thousands) Weighted Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/2020 12/31/2020 12/31/2020 Technique Inputs 12/31/2020 Impaired loans: Commercial: Commercial loans secured by real estate $ 6,501 $ 691 $ 5,810 Sales comparison Discount to appraised value 28 % Commercial and industrial 72 72 0 Liquidation of assets Discount to appraised value 100 % Residential mortgage loans - first and junior liens 1,509 162 1,347 Sales comparison Discount to appraised value 31 % Total impaired loans $ 8,082 $ 925 $ 7,157 Foreclosed assets held for sale - real estate: Commercial real estate $ 1,258 $ 0 $ 1,258 Sales comparison Discount to appraised value 44 % Residential (1-4 family) 80 0 80 Sales comparison Discount to appraised value 36 % Total foreclosed assets held for sale $ 1,338 $ 0 $ 1,338 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 March 31, 2021 December 31, 2020 Hierarchy Carrying Fair Carrying Fair Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 199,305 $ 199,305 $ 96,017 $ 96,017 Certificates of deposit Level 2 7,840 8,012 5,840 6,054 Restricted equity securities (included in Other Assets) Level 2 9,859 9,859 9,970 9,970 Loans, net Level 3 1,602,926 1,617,298 1,632,824 1,646,207 Accrued interest receivable Level 2 7,913 7,913 8,293 8,293 Interest rate swap agreements Level 2 3,933 3,933 6,566 6,566 Financial liabilities: Deposits with no stated maturity Level 2 1,576,759 1,576,759 1,430,062 1,430,062 Time deposits Level 2 347,166 349,693 390,407 393,566 Short-term borrowings Level 2 9,763 9,600 20,022 19,974 Long-term borrowings Level 2 50,467 51,318 54,608 55,723 Subordinated debt Level 2 16,534 16,534 16,553 16,680 Accrued interest payable Level 2 547 547 390 390 Interest rate swap agreements Level 2 3,933 3,933 6,566 6,566 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.

NATURE OF OPERATIONS AND SUMMAR

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2021
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. 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. 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 Update 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 amendments in ASU 2020-04 are effective as of March 12, 2020 through December 31, 2022. The Corporation has formed a cross functional management team to evaluate and implement changes to contracts with rates indexed to LIBOR and expects to apply the amendments prospectively for applicable loan and other contracts within the effective period of ASU 2020-04.

PER SHARE DATA (Tables)

PER SHARE DATA (Tables)	3 Months Ended
PER SHARE DATA (Tables)	Mar. 31, 2021
PER SHARE DATA
Schedule of Basic and Diluted earnings per share	(In Thousands, Except Share and Per Share Data) Three Months Ended March 31, March 31, 2021 2020 Basic Net income $ 8,787 $ 4,166 Less: Dividends and undistributed earnings allocated to participating securities (65) (20) Net income attributable to common shares $ 8,722 $ 4,146 Basic weighted-average common shares outstanding 15,850,217 13,685,257 Basic earnings per common share (a) $ 0.55 $ 0.30 Diluted Net income attributable to common shares $ 8,722 $ 4,146 Basic weighted-average common shares outstanding 15,850,217 13,685,257 Dilutive effect of potential common stock arising from stock options 4,234 13,981 Diluted weighted-average common shares outstanding 15,854,451 13,699,238 Diluted earnings per common share (a) $ 0.55 $ 0.30 Weighted-average nonvested restricted shares outstanding 118,442 65,533 (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 INCOME (Tables)

COMPREHENSIVE INCOME (Tables)	3 Months Ended
COMPREHENSIVE INCOME (Tables)	Mar. 31, 2021
COMPREHENSIVE 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 March 31, 2021 Other comprehensive loss from available-for-sale debt securities, Unrealized holding losses on available-for-sale debt securities $ (6,114) $ 1,285 $ (4,829) 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 (4) 1 (3) Other comprehensive loss on unfunded retirement obligations (9) 2 (7) Total other comprehensive loss $ (6,123) $ 1,287 $ (4,836) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended March 31, 2020 Other comprehensive income from available-for-sale debt securities, Unrealized holding gains on available-for-sale debt securities $ 7,240 $ (1,521) $ 5,719 Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses 88 (18) 70 Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (8) 2 (6) Other comprehensive income on unfunded retirement obligations 80 (16) 64 Total other comprehensive income $ 7,320 $ (1,537) $ 5,783
Schedule components of other comprehensive income and affected line item in the consolidated statements of income	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 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 Gains Unfunded Other (Losses) Retirement Comprehensive on Securities Obligations Income Three Months Ended March 31, 2021 Balance, beginning of period $ 11,676 $ 119 $ 11,795 Other comprehensive loss during three months ended March 31, 2021 (4,829) (7) (4,836) Balance, end of period $ 6,847 $ 112 $ 6,959 Three Months Ended March 31, 2020 Balance, beginning of period $ 3,511 $ 180 $ 3,691 Other comprehensive income during three months ended March 31, 2020 5,719 64 5,783 Balance, end of period $ 9,230 $ 244 $ 9,474

CASH AND DUE FROM BANKS (Tables

CASH AND DUE FROM BANKS (Tables)	3 Months Ended
CASH AND DUE FROM BANKS (Tables)	Mar. 31, 2021
CASH AND DUE FROM BANKS
Schedule of cash and due from banks	(In Thousands) March 31, December 31, 2021 2020 Cash and cash equivalents $ 199,305 $ 96,017 Certificates of deposit 7,840 5,840 Total cash and due from banks $ 207,145 $ 101,857

SECURITIES (Tables)

SECURITIES (Tables)	3 Months Ended
SECURITIES (Tables)	Mar. 31, 2021
SECURITIES
Schedule of amortized cost and fair value of available-for-sale debt securities at	(In Thousands) March 31, 2021 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 15,117 $ 2 $ (34) $ 15,085 Obligations of U.S. Government agencies 24,763 670 (441) 24,992 Obligations of states and political subdivisions: Tax-exempt 120,974 4,487 (343) 125,118 Taxable 51,823 1,397 (682) 52,538 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 38,790 1,099 (132) 39,757 Residential collateralized mortgage obligations 52,715 1,299 (43) 53,971 Commercial mortgage-backed securities 53,528 1,949 (562) 54,915 Total available-for-sale debt securities $ 357,710 $ 10,903 $ (2,237) $ 366,376 (In Thousands) December 31, 2020 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 12,184 $ 0 $ (2) $ 12,182 Obligations of U.S. Government agencies 25,349 1,003 (8) 26,344 Obligations of states and political subdivisions: Tax-exempt 116,427 6,000 (26) 122,401 Taxable 45,230 2,246 (24) 47,452 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 36,853 1,323 0 38,176 Residential collateralized mortgage obligations 56,048 1,428 (9) 57,467 Commercial mortgage-backed securities 42,461 2,849 0 45,310 Total available-for-sale debt securities $ 334,552 $ 14,849 $ (69) $ 349,332
Schedule of gross unrealized losses and fair value of available-for-sale debt securities	March 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 $ 9,003 $ (34) $ 0 $ 0 $ 9,003 $ (34) Obligations of U.S. Government agencies 12,058 (441) 0 0 12,058 (441) Obligations of states and political subdivisions: Tax-exempt 26,916 (343) 0 0 26,916 (343) Taxable 19,588 (661) 524 (21) 20,112 (682) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, Residential pass-through securities 9,884 (132) 0 0 9,884 (132) Residential collateralized mortgage obligations 5,228 (43) 0 0 5,228 (43) Commercial mortgage-backed securities 10,624 (562) 0 0 10,624 (562) Total temporarily impaired available for sale debt securities $ 93,301 $ (2,216) $ 524 $ (21) $ 93,825 $ (2,237) December 31, 2020 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 $ 9,159 $ (2) $ 0 $ 0 $ 9,159 $ (2) Obligations of U.S. Government agencies 4,992 (8) 0 0 4,992 (8) Obligations of states and political subdivisions: Tax-exempt 3,811 (26) 0 0 3,811 (26) Taxable 5,235 (24) 0 0 5,235 (24) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, Residential collateralized mortgage obligations 2,861 (9) 0 0 2,861 (9) Total temporarily impaired available-for-sale debt securities $ 26,058 $ (69) $ 0 $ 0 $ 26,058 $ (69)
Schedule of gross realized gains and losses from available-for-sale	(In Thousands) Three Months Ended March 31, March 31, 2021 2020 Gross realized gains from sales $ 0 $ 52 Gross realized losses from sales 0 (52) Net realized gains $ 0 $ 0
Schedule of the amortized cost and fair value of available-for-sale debt securities by contractual maturity	(In Thousands) March 31, 2021 Amortized Fair Cost Value Due in one year or less $ 14,667 $ 14,760 Due from one year through five years 45,128 46,421 Due from five years through ten years 51,245 52,787 Due after ten years 101,637 103,765 Sub-total 212,677 217,733 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 38,790 39,757 Residential collateralized mortgage obligations 52,715 53,971 Commercial mortgage-backed securities 53,528 54,915 Total $ 357,710 $ 366,376

LOANS (Tables)

LOANS (Tables)	3 Months Ended
LOANS (Tables)	Mar. 31, 2021
LOANS
Summary of loans outstanding	Summary of Loans by Type (In Thousands) March 31, December 31, 2021 2020 Commercial: Commercial loans secured by real estate $ 524,886 $ 531,810 Commercial and industrial 155,828 159,577 Paycheck Protection Program - 1st Draw 71,708 132,269 Paycheck Protection Program - 2nd Draw 66,127 0 Political subdivisions 49,860 53,221 Commercial construction and land 45,307 42,874 Loans secured by farmland 10,897 11,736 Multi-family (5 or more) residential 54,049 55,811 Agricultural loans 2,460 3,164 Other commercial loans 16,315 17,289 Total commercial 997,437 1,007,751 Residential mortgage: Residential mortgage loans - first liens 518,392 532,947 Residential mortgage loans - junior liens 25,402 27,311 Home equity lines of credit 39,083 39,301 1-4 Family residential construction 18,376 20,613 Total residential mortgage 601,253 620,172 Consumer 15,897 16,286 Total 1,614,587 1,644,209 Less: allowance for loan losses (11,661) (11,385) Loans, net $ 1,602,926 $ 1,632,824
Schedule of quantity and balances of modification	Deferrals Remaining As of March 31, 2021 (Dollars in Thousands) Number Purchased of Special Credit Loans Pass Mention Substandard Impaired Total COVID-19-related loan modifications: Commercial Accommodation and food services - hotels 5 $ 9,186 $ 10,349 $ 0 $ 0 $ 19,535 Lessors of residential buildings and dwellings 3 0 0 55 1,557 1,612 Lessors of nonresidential buildings (except miniwarehouses) 1 0 0 0 1,411 1,411 Transportation and warehousing 4 1,197 0 0 0 1,197 Religious organizations 2 757 0 0 0 757 Real estate rental and leasing - other 1 438 0 0 0 438 Total commercial 16 11,578 10,349 55 2,968 24,950 Residential mortgage 9 619 0 475 0 1,094 Consumer 0 0 0 0 0 0 Total 25 $ 12,197 $ 10,349 $ 530 $ 2,968 $ 26,044
Schedule of adjustments to the initial market rate and credit fair value adjustments recognized	(In Thousands) Three Months Ended March 31, March 31, 2021 2020 Market Rate Adjustment Adjustments to gross amortized cost of loans at beginning of period $ 718 $ (1,415) (Amortization) accretion recognized in interest income (366) 147 Adjustments to gross amortized cost of loans at end of period $ 352 $ (1,268) Credit Adjustment on Non-impaired Loans Adjustments to gross amortized cost of loans at beginning of period $ (5,979) $ (1,216) Accretion recognized in interest income 797 205 Adjustments to gross amortized cost of loans at end of period $ (5,182) $ (1,011)
Schedule of PCI loans	(In Thousands) March 31, December 31, 2021 2020 Outstanding balance $ 10,256 $ 10,316 Carrying amount 6,781 6,841
Schedule of transactions within the allowance for loan losses	Three Months Ended March 31, 2021 December 31, 2020 March 31, 2021 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,051 $ 0 $ 0 $ 299 $ 3,350 Commercial and industrial 2,245 0 14 (72) 2,187 Commercial construction and land 454 0 0 22 476 Loans secured by farmland 120 0 0 (9) 111 Multi-family (5 or more) residential 236 0 0 19 255 Agricultural loans 34 0 0 (8) 26 Other commercial loans 168 0 0 (9) 159 Total commercial 6,308 0 14 242 6,564 Residential mortgage: Residential mortgage loans - first liens 3,524 0 1 (18) 3,507 Residential mortgage loans - junior liens 349 0 0 (15) 334 Home equity lines of credit 281 0 1 (1) 281 1-4 Family residential construction 99 0 0 (21) 78 Total residential mortgage 4,253 0 2 (55) 4,200 Consumer 239 (11) 12 (20) 220 Unallocated 585 0 0 92 677 Total Allowance for Loan Losses $ 11,385 $ (11) $ 28 $ 259 $ 11,661 Three Months Ended March 31, 2020 December 31, 2019 March 31, 2020 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 1,921 $ 0 $ 0 $ 11 $ 1,932 Commercial and industrial 1,391 (17) 0 1,271 2,645 Commercial construction and land 966 0 0 4 970 Loans secured by farmland 158 0 0 (14) 144 Multi-family (5 or more) residential 156 0 0 43 199 Agricultural loans 41 0 0 (2) 39 Other commercial loans 155 0 0 5 160 Total commercial 4,788 (17) 0 1,318 6,089 Residential mortgage: Residential mortgage loans - first liens 3,405 0 1 166 3,572 Residential mortgage loans - junior liens 384 0 1 29 414 Home equity lines of credit 276 0 1 1 278 1-4 Family residential construction 117 0 0 2 119 Total residential mortgage 4,182 0 3 198 4,383 Consumer 281 (31) 11 12 273 Unallocated 585 0 0 0 585 Total Allowance for Loan Losses $ 9,836 $ (48) $ 14 $ 1,528 $ 11,330
Schedule of aggregate credit quality classification of outstanding loans by risk	March 31, 2021 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 485,821 $ 18,419 $ 16,371 $ 0 $ 4,275 $ 524,886 Commercial and Industrial 139,780 8,627 6,537 95 789 155,828 Paycheck Protection Program - 1st Draw 71,708 0 0 0 0 71,708 Paycheck Protection Program - 2nd Draw 66,127 0 0 0 0 66,127 Political subdivisions 49,860 0 0 0 0 49,860 Commercial construction and land 44,543 715 49 0 0 45,307 Loans secured by farmland 9,657 397 843 0 0 10,897 Multi-family (5 or more) residential 49,204 2,380 887 0 1,578 54,049 Agricultural loans 1,880 0 580 0 0 2,460 Other commercial loans 16,315 0 0 0 0 16,315 Total commercial 934,895 30,538 25,267 95 6,642 997,437 Residential Mortgage: Residential Mortgage loans - first liens 501,338 5,397 11,583 0 74 518,392 Residential Mortgage loans - junior liens 24,601 132 604 0 65 25,402 Home equity lines of credit 38,326 59 698 0 0 39,083 1-4 Family residential construction 18,376 0 0 0 0 18,376 Total residential mortgage 582,641 5,588 12,885 0 139 601,253 Consumer 15,784 0 113 0 0 15,897 Totals $ 1,533,320 $ 36,126 $ 38,265 $ 95 $ 6,781 $ 1,614,587 December 31, 2020 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 494,876 $ 17,374 $ 15,262 $ 0 $ 4,298 $ 531,810 Commercial and Industrial 143,500 8,025 7,268 0 784 159,577 Paycheck Protection Program - 1st Draw 132,269 0 0 0 0 132,269 Political subdivisions 53,221 0 0 0 0 53,221 Commercial construction and land 42,110 715 49 0 0 42,874 Loans secured by farmland 10,473 405 858 0 0 11,736 Multi-family (5 or more) residential 50,563 2,405 1,229 0 1,614 55,811 Agricultural loans 2,569 0 595 0 0 3,164 Other commercial loans 17,289 0 0 0 0 17,289 Total commercial 946,870 28,924 25,261 0 6,696 1,007,751 Residential Mortgage: Residential Mortgage loans - first liens 516,685 6,192 9,994 0 76 532,947 Residential Mortgage loans - junior liens 26,480 141 621 0 69 27,311 Home equity lines of credit 38,529 59 713 0 0 39,301 1-4 Family residential construction 20,613 0 0 0 0 20,613 Total residential mortgage 602,307 6,392 11,328 0 145 620,172 Consumer 16,172 0 114 0 0 16,286 Totals $ 1,565,349 $ 35,316 $ 36,703 $ 0 $ 6,841 $ 1,644,209
Summary of loan balances and the related allowance for loan losses	March 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 $ 12,749 $ 512,137 $ 524,886 $ 899 $ 2,451 $ 3,350 Commercial and industrial 1,422 154,406 155,828 71 2,116 2,187 Paycheck Protection Program - 1st Draw 0 71,708 71,708 0 0 0 Paycheck Protection Program - 2nd Draw 0 66,127 66,127 0 0 0 Political subdivisions 0 49,860 49,860 0 0 0 Commercial construction and land 0 45,307 45,307 0 476 476 Loans secured by farmland 84 10,813 10,897 0 111 111 Multi-family (5 or more) residential 1,578 52,471 54,049 0 255 255 Agricultural loans 0 2,460 2,460 0 26 26 Other commercial loans 0 16,315 16,315 0 159 159 Total commercial 15,833 981,604 997,437 970 5,594 6,564 Residential mortgage: Residential mortgage loans - first liens 1,920 516,472 518,392 8 3,499 3,507 Residential mortgage loans - junior liens 405 24,997 25,402 146 188 334 Home equity lines of credit 0 39,083 39,083 0 281 281 1-4 Family residential construction 0 18,376 18,376 0 78 78 Total residential mortgage 2,325 598,928 601,253 154 4,046 4,200 Consumer 0 15,897 15,897 0 220 220 Unallocated 677 Total $ 18,158 $ 1,596,429 $ 1,614,587 $ 1,124 $ 9,860 $ 11,661 December 31, 2020 Loans: Allowance for Loan Losses: (In Thousands) Individually Collectively Individually Collectively Evaluated Evaluated Totals Evaluated Evaluated Totals Commercial: Commercial loans secured by real estate $ 11,962 $ 519,848 $ 531,810 $ 692 $ 2,359 $ 3,051 Commercial and industrial 1,359 158,218 159,577 71 2,174 2,245 Paycheck Protection Program - 1st Draw 0 132,269 132,269 0 0 0 Political subdivisions 0 53,221 53,221 0 0 0 Commercial construction and land 0 42,874 42,874 0 454 454 Loans secured by farmland 84 11,652 11,736 0 120 120 Multi-family (5 or more) residential 1,614 54,197 55,811 0 236 236 Agricultural loans 0 3,164 3,164 0 34 34 Other commercial loans 0 17,289 17,289 0 168 168 Total commercial 15,019 992,732 1,007,751 763 5,545 6,308 Residential mortgage: Residential mortgage loans - first liens 2,385 530,562 532,947 9 3,515 3,524 Residential mortgage loans - junior liens 414 26,897 27,311 153 196 349 Home equity lines of credit 0 39,301 39,301 0 281 281 1-4 Family residential construction 0 20,613 20,613 0 99 99 Total residential mortgage 2,799 617,373 620,172 162 4,091 4,253 Consumer 0 16,286 16,286 0 239 239 Unallocated 585 Total $ 17,818 $ 1,626,391 $ 1,644,209 $ 925 $ 9,875 $ 11,385
Summary of information related to impaired loans	(In Thousands) March 31, 2021 December 31, 2020 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 $ 6,731 $ 4,961 $ 0 $ 7,168 $ 5,398 $ 0 Commercial and industrial 1,844 1,350 0 1,781 1,287 0 Residential mortgage loans - first liens 731 731 0 1,248 1,248 0 Residential mortgage loans - junior liens 155 100 0 160 105 0 Loans secured by farmland 84 84 0 84 84 0 Multi-family (5 or more) residential 2,734 1,578 0 2,770 1,614 0 Total with no related allowance recorded 12,279 8,804 0 13,211 9,736 0 With a related allowance recorded: Commercial loans secured by real estate 7,788 7,788 898 6,501 6,501 691 Commercial and industrial 72 72 72 72 72 72 Residential mortgage loans - first liens 1,189 1,189 8 1,200 1,200 9 Residential mortgage loans - junior liens 305 305 146 309 309 153 Total with a related allowance recorded 9,354 9,354 1,124 8,082 8,082 925 Total $ 21,633 $ 18,158 $ 1,124 $ 21,293 $ 17,818 $ 925
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 Three Months Ended March 31, March 31, 2021 2020 2021 2020 Commercial: Commercial loans secured by real estate $ 12,203 $ 387 $ 143 $ 4 Commercial and industrial 1,082 2,872 12 1 Commercial construction and land 49 1,308 1 12 Loans secured by farmland 84 516 1 17 Multi-family (5 or more) residential 1,596 0 61 0 Agricultural loans 69 76 2 0 Other commercial loans 0 50 0 1 Total commercial 15,083 5,209 220 35 Residential mortgage: Residential mortgage loans - first lien 2,451 1,232 37 8 Residential mortgage loans - junior lien 437 382 5 0 Home equity lines of credit 18 65 0 1 Total residential mortgage 2,906 1,679 42 9 Consumer 0 0 0 0 Total $ 17,989 $ 6,888 $ 262 $ 44
Schedule of breakdown by portfolio segment and class of non accrual loans	(In Thousands) March 31, 2021 December 31, 2020 Past Due Past Due 90+ Days and 90+ Days and Accruing Nonaccrual Accruing Nonaccrual Commercial: Commercial loans secured by real estate $ 155 $ 12,648 $ 395 $ 11,550 Commercial and industrial 103 1,047 142 970 Commercial construction and land 0 49 0 49 Loans secured by farmland 188 84 188 84 Multi-family (5 or more) residential 0 1,578 0 1,614 Other commercial 0 0 71 0 Total commercial 446 15,406 796 14,267 Residential mortgage: Residential mortgage loans - first liens 550 5,964 838 6,387 Residential mortgage loans - junior liens 45 370 52 378 Home equity lines of credit 196 295 233 299 Total residential mortgage 791 6,629 1,123 7,064 Consumer 48 81 56 85 Totals $ 1,285 $ 22,116 $ 1,975 $ 21,416
Summary of the contractual aging of loans	(In Thousands) As of March 31, 2021 As of December 31, 2020 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 $ 519,474 $ 630 $ 4,782 $ 524,886 $ 529,998 $ 66 $ 1,746 $ 531,810 Commercial and industrial 154,745 94 989 155,828 158,523 55 999 159,577 Paycheck Protection Program - 1st Draw 71,708 0 0 71,708 132,269 0 0 132,269 Paycheck Protection Program - 2nd Draw 66,127 0 0 66,127 0 0 0 0 Political subdivisions 49,860 0 0 49,860 53,221 0 0 53,221 Commercial construction and land 45,060 198 49 45,307 42,590 284 0 42,874 Loans secured by farmland 10,593 82 222 10,897 11,419 95 222 11,736 Multi-family (5 or more) residential 54,049 0 0 54,049 53,860 1,951 0 55,811 Agricultural loans 2,364 96 0 2,460 3,091 2 71 3,164 Other commercial loans 16,315 0 0 16,315 17,289 0 0 17,289 Total commercial 990,295 1,100 6,042 997,437 1,002,260 2,453 3,038 1,007,751 Residential mortgage: Residential mortgage loans - first liens 508,818 7,176 2,398 518,392 523,191 5,703 4,053 532,947 Residential mortgage loans - junior liens 25,201 20 181 25,402 27,009 111 191 27,311 Home equity lines of credit 38,455 432 196 39,083 38,919 101 281 39,301 1-4 Family residential construction 18,376 0 0 18,376 20,457 156 0 20,613 Total residential mortgage 590,850 7,628 2,775 601,253 609,576 6,071 4,525 620,172 Consumer 15,752 26 119 15,897 16,063 83 140 16,286 Totals $ 1,596,897 $ 8,754 $ 8,936 $ 1,614,587 $ 1,627,899 $ 8,607 $ 7,703 $ 1,644,209
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 March 31, 2021 Nonaccrual Totals $ 12,654 $ 1,861 $ 7,601 $ 22,116 December 31, 2020 Nonaccrual Totals $ 12,999 $ 2,689 $ 5,728 $ 21,416
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 March 31, 2021 Totals $ 176 $ 126 $ 67 $ 6,816 $ 7,185 December 31, 2020 Totals $ 166 $ 0 $ 418 $ 6,867 $ 7,451
Summary of loans for which modifications considered to be TDRs were entered into within the previous 12 months	(Balances in Thousands) Three Months Ended Three Months Ended March 31, 2021 March 31, 2020 Number Number of Recorded of Recorded Loans Investment Loans Investment Commercial loans secured by real estate 1 $ 3,392 0 $ 0 Total 1 $ 3,392 0 $ 0
Schedule of carrying amount of foreclosed residential real estate properties	(In Thousands) March 31, December 31, 2021 2020 Foreclosed residential real estate $ 218 $ 80
Schedule of mortgage loans secured by residential real properties	(In Thousands) March 31, December 31, 2021 2020 Residential real estate in process of foreclosure $ 1,852 $ 1,246
Troubled Debt Restructuring
LOANS
Summary of troubled debt restructurings	Three Months Ended Three Months Ended March 31, 2021 March 31, 2020 Post- Post- Number Modification Number Modification of Recorded of Recorded (Balances in Thousands) Loans Investment Loans Investment Residential mortgage - first liens, Reduced monthly payments and extended maturity date 1 $ 12 0 $ 0 Residential mortgage - junior liens, New loan at lower than risk-adjusted market rate to borrower from whom short sale of other collateral was accepted 0 0 1 30 Consumer, Reduced monthly payments and extended maturity date 1 24 0 0 Total 2 $ 36 1 $ 30

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)	3 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)	Mar. 31, 2021
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Schedule of core deposit intangibles	(In Thousands) March 31, December 31, 2021 2020 Gross amount $ 6,639 $ 6,639 Accumulated amortization (2,922) (2,788) Net $ 3,717 $ 3,851
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 March 31, March 31, 2021 2020 Amortization expense $ 134 $ 62

BORROWED FUNDS AND SUBORDINAT_2

BORROWED FUNDS AND SUBORDINATED DEBT (Tables)	3 Months Ended
BORROWED FUNDS AND SUBORDINATED DEBT (Tables)	Mar. 31, 2021
BORROWED FUNDS AND SUBORDINATED DEBT
Schedule of short term borrowings	(In Thousands) March 31, December 31, 2021 2020 FHLB-Pittsburgh borrowings $ 8,018 $ 18,066 Customer repurchase agreements 1,745 1,956 Total short-term borrowings $ 9,763 $ 20,022
Schedule of long term borrowings	(In Thousands) March 31, December 31, 2021 2020 Loans maturing in 2021 with a weighted-average rate of 1.31% $ 22,072 $ 26,098 Loans maturing in 2022 with a weighted-average rate of 0.60% 15,626 15,682 Loans maturing in 2023 with a weighted-average rate of 0.73% 7,198 7,224 Loans maturing in 2024 with a weighted-average rate of 0.75% 5,127 5,137 Loan maturing in 2025 with an average rate of 4.91% 444 467 Total long-term FHLB-Pittsburgh borrowings $ 50,467 $ 54,608
Schedule of outstanding subordinated debt	(In Thousands) March 31, December 31, 2021 2020 Agreements with an aggregate par value of $8,000,000; bearing interest at 6.25%; maturing in June 2026 and redeemable at par in June 2021 $ 8,012 $ 8,027 Agreements with an aggregate par value of $6,500,000; bearing interest at 6.50%; maturing in April 2027 and redeemable at par in April 2022 6,500 6,500 Agreement with a par value of $2,000,000; bearing interest at 6.50%; maturing in July 2027 and redeemable at par in July 2022 2,022 2,026 Total carrying value $ 16,534 $ 16,553

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS (Tables)	3 Months Ended
STOCK-BASED COMPENSATION PLANS (Tables)	Mar. 31, 2021
STOCK-BASED COMPENSATION PLANS
Summary of restricted stock awards granted	(Dollars in Thousands) Aggregate Grant Date Number of Fair Shares Value 1st quarter 2021 awards: Time-based awards to independent directors 10,989 $ 220 Time-based awards to employees 46,178 924 Performance-based awards to employees 17,224 345 Total 74,391 $ 1,489

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	Mar. 31, 2021
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 March 31, 2021 At December 31, 2020 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 $ 64,708 $ 3,933 $ 64,708 $ 3,933 $ 67,870 $ 6,566 $ 67,870 $ 6,566

FAIR VALUE MEASUREMENTS AND F_2

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2021
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS
Schedule of assets measured at fair value and the valuation methods used	March 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 $ 0 $ 15,085 $ 0 $ 15,085 Obligations of U.S. Government agencies 0 24,992 0 24,992 Obligations of states and political subdivisions: Tax-exempt 0 125,118 0 125,118 Taxable 0 52,538 0 52,538 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 39,757 0 39,757 Residential collateralized mortgage obligations 0 53,971 0 53,971 Commercial mortgage-backed securities 0 54,915 0 54,915 Total available-for-sale debt securities 0 366,376 0 366,376 Marketable equity security 982 0 0 982 Servicing rights 0 0 1,956 1,956 Interest rate swap agreements, assets 0 3,933 0 3,933 Total recurring fair value measurements, assets $ 982 $ 370,309 $ 1,956 $ 373,247 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 3,933 $ 0 $ 3,933 Nonrecurring fair value measurements, assets: Impaired loans with a valuation allowance $ 0 $ 0 $ 9,354 $ 9,354 Valuation allowance 0 0 (1,124) (1,124) Impaired loans, net 0 0 8,230 8,230 Foreclosed assets held for sale 0 0 1,472 1,472 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 9,702 $ 9,702 December 31, 2020 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 $ 0 $ 12,182 $ 0 $ 12,182 Obligations of U.S. Government agencies 0 26,344 0 26,344 Obligations of states and political subdivisions: Tax-exempt 0 122,401 0 122,401 Taxable 0 47,452 0 47,452 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 38,176 0 38,176 Residential collateralized mortgage obligations 0 57,467 0 57,467 Commercial mortgage-backed securities 0 45,310 0 45,310 Total available-for-sale debt securities 0 349,332 0 349,332 Marketable equity security 1,000 0 0 1,000 Servicing rights 0 0 1,689 1,689 Interest rate swap agreements, assets 0 6,566 0 6,566 Total recurring fair value measurements, assets $ 1,000 $ 355,898 $ 1,689 $ 358,587 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 6,566 $ 0 $ 6,566 Nonrecurring fair value measurements, assets: Impaired loans with a valuation allowance $ 0 $ 0 $ 8,082 $ 8,082 Valuation allowance 0 0 (925) (925) Impaired loans, net 0 0 7,157 7,157 Foreclosed assets held for sale 0 0 1,338 1,338 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 8,495 $ 8,495
Schedule of reconciliation of level 3 activity	(In Thousands) Three Months Ended March 31, 2021 March 31, 2020 Servicing rights balance, beginning of period $ 1,689 $ 1,277 Originations of servicing rights 192 75 Unrealized gain (loss) included in earnings 75 (126) Servicing rights balance, end of period $ 1,956 $ 1,226
Schedule of estimated fair values, and carrying amounts of financial instruments not recorded at fair value	(In Thousands) Fair Value March 31, 2021 December 31, 2020 Hierarchy Carrying Fair Carrying Fair Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 199,305 $ 199,305 $ 96,017 $ 96,017 Certificates of deposit Level 2 7,840 8,012 5,840 6,054 Restricted equity securities (included in Other Assets) Level 2 9,859 9,859 9,970 9,970 Loans, net Level 3 1,602,926 1,617,298 1,632,824 1,646,207 Accrued interest receivable Level 2 7,913 7,913 8,293 8,293 Interest rate swap agreements Level 2 3,933 3,933 6,566 6,566 Financial liabilities: Deposits with no stated maturity Level 2 1,576,759 1,576,759 1,430,062 1,430,062 Time deposits Level 2 347,166 349,693 390,407 393,566 Short-term borrowings Level 2 9,763 9,600 20,022 19,974 Long-term borrowings Level 2 50,467 51,318 54,608 55,723 Subordinated debt Level 2 16,534 16,534 16,553 16,680 Accrued interest payable Level 2 547 547 390 390 Interest rate swap agreements Level 2 3,933 3,933 6,566 6,566
Recurring fair value measurements
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS
Schedule of inputs and valuation techniques	Fair Value at 3/31/2021 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 3/31/2021 Servicing rights $ 1,956 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 239.00 % 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 12/31/2020 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 12/31/2020 Servicing rights $ 1,689 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 277.00 % 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 3/31/2021 3/31/2021 3/31/2021 Technique Inputs 3/31/2021 Impaired loans: Commercial: Commercial loans secured by real estate $ 7,788 $ 898 $ 6,890 Sales comparison Discount to appraised value 35 % Commercial and industrial 72 72 0 Liquidation of assets Discount to appraised value 100 % Residential mortgage loans - first and junior liens 1,494 154 1,340 Sales comparison Discount to appraised value 31 % Total impaired loans $ 9,354 $ 1,124 $ 8,230 Foreclosed assets held for sale - real estate: Commercial real estate $ 1,254 $ 0 $ 1,254 Sales comparison Discount to appraised value 44 % Residential (1-4 family) 218 0 218 Sales comparison Discount to appraised value 27 % Total foreclosed assets held for sale $ 1,472 $ 0 $ 1,472 (Dollars In Thousands) Weighted Valuation Average Balance at Allowance at Fair Value at Valuation Unobservable Discount at Asset 12/31/2020 12/31/2020 12/31/2020 Technique Inputs 12/31/2020 Impaired loans: Commercial: Commercial loans secured by real estate $ 6,501 $ 691 $ 5,810 Sales comparison Discount to appraised value 28 % Commercial and industrial 72 72 0 Liquidation of assets Discount to appraised value 100 % Residential mortgage loans - first and junior liens 1,509 162 1,347 Sales comparison Discount to appraised value 31 % Total impaired loans $ 8,082 $ 925 $ 7,157 Foreclosed assets held for sale - real estate: Commercial real estate $ 1,258 $ 0 $ 1,258 Sales comparison Discount to appraised value 44 % Residential (1-4 family) 80 0 80 Sales comparison Discount to appraised value 36 % Total foreclosed assets held for sale $ 1,338 $ 0 $ 1,338

BUSINESS COMBINATIONS - Covenan

BUSINESS COMBINATIONS - Covenant Acquisition (Details) - USD ($) $ in Thousands	Jul. 01, 2020	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
BUSINESS COMBINATIONS
Goodwill		$ 52,505		$ 52,505
Merger-related expenses		$ 0	$ 141
Covenant Financial Inc.
BUSINESS COMBINATIONS
Goodwill	$ 24,100
Loans	464,200
Deposits	481,800
Borrowings	64,000
Subordinated debt	10,100
Available-for-sale debt securities	10,800
Bank owned life insurance	$ 11,200
Refinement term of assets and liabilities	1 year
Merger-related expenses			$ 141
Covenant Financial Inc. \| Core Deposits
BUSINESS COMBINATIONS
Core deposit intangible asset	$ 3,100

PER SHARE DATA (Details)

PER SHARE DATA (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Basic
Net income	$ 8,787	$ 4,166
Less: Dividends and undistributed earnings allocated to participating securities	(65)	(20)
Net income attributable to common shares	$ 8,722	$ 4,146
Basic weighted-average common shares outstanding (in shares)	15,850,217	13,685,257
Basic earnings per common share (in dollars per share)	$ 0.55	$ 0.30
Diluted
Net income attributable to common shares	$ 8,722	$ 4,146
Basic weighted-average common shares outstanding (in shares)	15,850,217	13,685,257
Dilutive effect of potential common stock arising from stock options (in shares)	4,234	13,981
Diluted weighted-average common shares outstanding (in shares)	15,854,451	13,699,238
Diluted earnings per common share (in dollars per share)	$ 0.55	$ 0.30
Weighted-average nonvested restricted shares outstanding (in shares)	118,442	65,533
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	0

COMPREHENSIVE INCOME - Componen

COMPREHENSIVE INCOME - Components (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
COMPREHENSIVE INCOME
Unrealized holding income (losses) on available-for-sale debt securities	$ (6,114)	$ 7,240
Unrealized holding income (losses) on available-for-sale debt securities, Income Tax Effect	1,285	(1,521)
Unrealized holding income (losses) on available-for-sale debt securities, Net of Tax Amount	(4,829)	5,719
Changes from plan amendments and actuarial gains and losses, Before-Tax Amount	(5)	88
Changes from plan amendments and actuarial gains and losses, Income Tax Effect	1	(18)
Changes from plan amendments and actuarial gains and losses, Net-of-Tax Amount	(4)	70
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost, Before-Tax Amount	(4)	(8)
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost, Income Tax Effect	1	2
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost, Net-of-Tax Amount	(3)	(6)
Other comprehensive (loss) income on unfunded retirement obligations	(9)	80
Other comprehensive income (loss) on unfunded retirement obligations, Income Tax Effect	2	(16)
Other comprehensive income (loss) on unfunded retirement obligations, Net-of-Tax Amount	(7)	64
Other comprehensive (loss) income before income tax	(6,123)	7,320
Total other comprehensive income (loss), Income Tax Effect	1,287	(1,537)
Total other comprehensive income (loss)	$ (4,836)	$ 5,783

COMPREHENSIVE INCOME - Changes

COMPREHENSIVE INCOME - Changes of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Balance	$ 299,756	$ 244,452
Other comprehensive income (loss) during year	(4,836)	5,783
Balance	300,056	251,228
Unrealized Gains (Losses) on Securities
Balance	11,676	3,511
Other comprehensive income (loss) during year	(4,829)	5,719
Balance	6,847	9,230
Unfunded Retirement Obligations
Balance	119	180
Other comprehensive income (loss) during year	(7)	64
Balance	112	244
Accumulated Other Comprehensive Income
Balance	11,795	3,691
Other comprehensive income (loss) during year	(4,836)	5,783
Balance	$ 6,959	$ 9,474

CASH AND DUE FROM BANKS (Detail

CASH AND DUE FROM BANKS (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
CASH AND DUE FROM BANKS
Cash and cash equivalents	$ 199,305,000	$ 96,017,000
Certificates of deposit	7,840,000	5,840,000
Total cash and due from banks	207,145,000	101,857,000
Cash Reserve Deposit Required and Made	$ 0	$ 0

SECURITIES - Available-for-sale

SECURITIES - Available-for-sale Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Available-for-sale Securities
Available-for-sale securities, amortized cost	$ 357,710	$ 334,552
Available-for-sale securities, gross unrealized holding gains	10,903	14,849
Available-for-sale securities, gross unrealized holding losses	(2,237)	(69)
Total, fair value	366,376	349,332
Obligations of the U.S. Treasury
Available-for-sale Securities
Available-for-sale securities, amortized cost	15,117	12,184
Available-for-sale securities, gross unrealized holding gains	2	0
Available-for-sale securities, gross unrealized holding losses	(34)	(2)
Total, fair value	15,085	12,182
Obligations of U.S. Government agencies
Available-for-sale Securities
Available-for-sale securities, amortized cost	24,763	25,349
Available-for-sale securities, gross unrealized holding gains	670	1,003
Available-for-sale securities, gross unrealized holding losses	(441)	(8)
Total, fair value	24,992	26,344
Obligations Of States And Political Subdivisions Tax Exempt
Available-for-sale Securities
Available-for-sale securities, amortized cost	120,974	116,427
Available-for-sale securities, gross unrealized holding gains	4,487	6,000
Available-for-sale securities, gross unrealized holding losses	(343)	(26)
Total, fair value	125,118	122,401
Obligations Of States And Political Subdivisions Taxable
Available-for-sale Securities
Available-for-sale securities, amortized cost	51,823	45,230
Available-for-sale securities, gross unrealized holding gains	1,397	2,246
Available-for-sale securities, gross unrealized holding losses	(682)	(24)
Total, fair value	52,538	47,452
Residential Passthrough Securities
Available-for-sale Securities
Available-for-sale securities, amortized cost	38,790	36,853
Available-for-sale securities, gross unrealized holding gains	1,099	1,323
Available-for-sale securities, gross unrealized holding losses	(132)	0
Total, fair value	39,757	38,176
Residential Collateralized Mortgage Obligations
Available-for-sale Securities
Available-for-sale securities, amortized cost	52,715	56,048
Available-for-sale securities, gross unrealized holding gains	1,299	1,428
Available-for-sale securities, gross unrealized holding losses	(43)	(9)
Total, fair value	53,971	57,467
Commercial Mortgage Backed Securities
Available-for-sale Securities
Available-for-sale securities, amortized cost	53,528	42,461
Available-for-sale securities, gross unrealized holding gains	1,949	2,849
Available-for-sale securities, gross unrealized holding losses	(562)	0
Total, fair value	$ 54,915	$ 45,310

SECURITIES - Available-for-sa_2

SECURITIES - Available-for-sale Securities With Unrealized Loss Positions (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Available-for-sale Securities With Unrealized Loss Positions
Available-for-sale securities with unrealized loss positions, less than 12 months, fair value	$ 93,301	$ 26,058
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(2,216)	(69)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	524	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(21)	0
Available-for-sale securities with unrealized loss positions, fair value	93,825	26,058
Available-for-sale securities, with unrealized loss positions, unrealized losses	(2,237)	(69)
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	9,003	9,159
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(34)	(2)
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	9,003	9,159
Available-for-sale securities, with unrealized loss positions, unrealized losses	(34)	(2)
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	12,058	4,992
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(441)	(8)
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	12,058	4,992
Available-for-sale securities, with unrealized loss positions, unrealized losses	(441)	(8)
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	26,916	3,811
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(343)	(26)
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	26,916	3,811
Available-for-sale securities, with unrealized loss positions, unrealized losses	(343)	(26)
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	19,588	5,235
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(661)	(24)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	524	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(21)	0
Available-for-sale securities with unrealized loss positions, fair value	20,112	5,235
Available-for-sale securities, with unrealized loss positions, unrealized losses	(682)	(24)
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	9,884
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(132)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	0
Available-for-sale securities with unrealized loss positions, fair value	9,884
Available-for-sale securities, with unrealized loss positions, unrealized losses	(132)
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	5,228	2,861
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(43)	(9)
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	5,228	2,861
Available-for-sale securities, with unrealized loss positions, unrealized losses	(43)	$ (9)
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	10,624
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(562)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	0
Available-for-sale securities with unrealized loss positions, fair value	10,624
Available-for-sale securities, with unrealized loss positions, unrealized losses	$ (562)

SECURITIES - Gross Realized Gai

SECURITIES - Gross Realized Gains and Losses From Available-for-sale Debt Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
SECURITIES
Gross realized gains from sales	$ 0	$ 52
Gross realized losses from sales	0	(52)
Net realized gains	$ 0	$ 0

SECURITIES - Available-for-sa_3

SECURITIES - Available-for-sale Debt Securities by Contractual Maturity (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Available-for-sale Securities
Due in one year or less, amortized cost	$ 14,667,000
Due in one year or less, fair value	14,760,000
Due from one year through five years. amortized cost	45,128,000
Due from one year through five years, fair value	46,421,000
Due from five years through ten years, amortized cost	51,245,000
Due from five years through ten years, fair value	52,787,000
Due after ten years, amortized cost	101,637,000
Due after ten years, fair value	103,765,000
Sub-total, amortized cost	212,677,000
Sub-total, fair value	217,733,000
Total, amortized cost	357,710,000	$ 334,552,000
Total, fair value	366,376,000	349,332,000
Investment Securities [Member]
Available-for-sale Securities
Investment pledged as collateral	254,860,000	247,373,000
Residential Passthrough Securities
Available-for-sale Securities
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, amortized cost	38,790,000
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value	39,757,000
Total, amortized cost	38,790,000	36,853,000
Total, fair value	39,757,000	38,176,000
Residential Collateralized Mortgage Obligations
Available-for-sale Securities
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, amortized cost	52,715,000
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value	53,971,000
Total, amortized cost	52,715,000	56,048,000
Total, fair value	53,971,000	$ 57,467,000
Commercial mortgage-backed securities
Available-for-sale Securities
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, amortized cost	53,528,000
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value	$ 54,915,000

SECURITIES - Equity Securities

SECURITIES - Equity Securities (Details)	Mar. 31, 2021USD ($)security	Dec. 31, 2020USD ($)security
Mutual Fund
Equity Securities
Number of mutual funds \| security	1	1
Unrealized gain/loss on the mutual fund	$ 18,000	$ 0
Other Assets
Equity Securities
Marketable equity security	982,000	1,000,000
Other Assets \| Federal Home Loan Bank of Pittsburgh
Equity Securities
Federal Home Loan Bank Stock	$ 9,609,000	$ 9,720,000

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
LOANS
Loans receivable	$ 1,614,587	$ 1,644,209
Allowance for loan losses	(11,661)	(11,385)	$ (11,330)	$ (9,836)
Loans, net	1,602,926	1,632,824
Commercial
LOANS
Loans receivable	997,437	1,007,751
Allowance for loan losses	(6,564)	(6,308)	(6,089)	(4,788)
Commercial \| Real estate loan
LOANS
Loans receivable	524,886	531,810
Allowance for loan losses	(3,350)	(3,051)	(1,932)	(1,921)
Commercial \| Commercial and industrial
LOANS
Loans receivable	155,828	159,577
Allowance for loan losses	(2,187)	(2,245)	(2,645)	(1,391)
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	71,708	132,269
Allowance for loan losses	0	0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	66,127	0
Allowance for loan losses	0
Commercial \| Political subdivisions
LOANS
Loans receivable	49,860	53,221
Allowance for loan losses	0	0
Commercial \| Construction Loans
LOANS
Loans receivable	45,307	42,874
Allowance for loan losses	(476)	(454)	(970)	(966)
Commercial \| Loans secured by farm land
LOANS
Loans receivable	10,897	11,736
Allowance for loan losses	(111)	(120)	(144)	(158)
Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	54,049	55,811
Allowance for loan losses	(255)	(236)	(199)	(156)
Commercial \| Agricultural loans
LOANS
Loans receivable	2,460	3,164
Allowance for loan losses	(26)	(34)	(39)	(41)
Commercial \| Other commercial loans
LOANS
Loans receivable	16,315	17,289
Allowance for loan losses	(159)	(168)	(160)	(155)
Residential mortgage
LOANS
Loans receivable	601,253	620,172
Allowance for loan losses	(4,200)	(4,253)	(4,383)	(4,182)
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	518,392	532,947
Allowance for loan losses	(3,507)	(3,524)	(3,572)	(3,405)
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	25,402	27,311
Allowance for loan losses	(334)	(349)	(414)	(384)
Residential mortgage \| Construction Loans
LOANS
Loans receivable	18,376	20,613
Allowance for loan losses	(78)	(99)	(119)	(117)
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	39,083	39,301
Allowance for loan losses	(281)	(281)	(278)	(276)
Consumer
LOANS
Loans receivable	15,897	16,286
Allowance for loan losses	$ (220)	$ (239)	$ (273)	$ (281)

LOANS - Loans Modified Under Co

LOANS - Loans Modified Under Covid-19 Program (Details) - COVID-19-related loan modifications $ in Thousands	Mar. 31, 2021USD ($)loan
LOANS
Loans Modified, Number of Loans \| loan	25
Loans Modified, Recorded Investment	$ 26,044
Commercial
LOANS
Loans Modified, Number of Loans \| loan	16
Loans Modified, Recorded Investment	$ 24,950
Commercial \| Accommodation and food services - hotels
LOANS
Loans Modified, Number of Loans \| loan	5
Loans Modified, Recorded Investment	$ 19,535
Commercial \| Lessors of residential buildings and dwellings
LOANS
Loans Modified, Number of Loans \| loan	3
Loans Modified, Recorded Investment	$ 1,612
Commercial \| Lessors of nonresidential buildings (except miniwarehouses)
LOANS
Loans Modified, Number of Loans \| loan	1
Loans Modified, Recorded Investment	$ 1,411
Commercial \| Transportation and warehousing
LOANS
Loans Modified, Number of Loans \| loan	4
Loans Modified, Recorded Investment	$ 1,197
Commercial \| Religious organizations
LOANS
Loans Modified, Number of Loans \| loan	2
Loans Modified, Recorded Investment	$ 757
Commercial \| Real estate rental and leasing - other
LOANS
Loans Modified, Number of Loans \| loan	1
Loans Modified, Recorded Investment	$ 438
Residential mortgage
LOANS
Loans Modified, Number of Loans \| loan	9
Loans Modified, Recorded Investment	$ 1,094
Consumer
LOANS
Loans Modified, Number of Loans \| loan	0
Loans Modified, Recorded Investment	$ 0
Pass
LOANS
Loans Modified, Recorded Investment	12,197
Pass \| Commercial
LOANS
Loans Modified, Recorded Investment	11,578
Pass \| Commercial \| Accommodation and food services - hotels
LOANS
Loans Modified, Recorded Investment	9,186
Pass \| Commercial \| Lessors of residential buildings and dwellings
LOANS
Loans Modified, Recorded Investment	0
Pass \| Commercial \| Lessors of nonresidential buildings (except miniwarehouses)
LOANS
Loans Modified, Recorded Investment	0
Pass \| Commercial \| Transportation and warehousing
LOANS
Loans Modified, Recorded Investment	1,197
Pass \| Commercial \| Religious organizations
LOANS
Loans Modified, Recorded Investment	757
Pass \| Commercial \| Real estate rental and leasing - other
LOANS
Loans Modified, Recorded Investment	438
Pass \| Residential mortgage
LOANS
Loans Modified, Recorded Investment	619
Pass \| Consumer
LOANS
Loans Modified, Recorded Investment	0
Special Mention
LOANS
Loans Modified, Recorded Investment	10,349
Special Mention \| Commercial
LOANS
Loans Modified, Recorded Investment	10,349
Special Mention \| Commercial \| Accommodation and food services - hotels
LOANS
Loans Modified, Recorded Investment	10,349
Special Mention \| Commercial \| Lessors of residential buildings and dwellings
LOANS
Loans Modified, Recorded Investment	0
Special Mention \| Commercial \| Lessors of nonresidential buildings (except miniwarehouses)
LOANS
Loans Modified, Recorded Investment	0
Special Mention \| Commercial \| Transportation and warehousing
LOANS
Loans Modified, Recorded Investment	0
Special Mention \| Commercial \| Religious organizations
LOANS
Loans Modified, Recorded Investment	0
Special Mention \| Commercial \| Real estate rental and leasing - other
LOANS
Loans Modified, Recorded Investment	0
Special Mention \| Residential mortgage
LOANS
Loans Modified, Recorded Investment	0
Special Mention \| Consumer
LOANS
Loans Modified, Recorded Investment	0
Substandard
LOANS
Loans Modified, Recorded Investment	530
Substandard \| Commercial
LOANS
Loans Modified, Recorded Investment	55
Substandard \| Commercial \| Accommodation and food services - hotels
LOANS
Loans Modified, Recorded Investment	0
Substandard \| Commercial \| Lessors of residential buildings and dwellings
LOANS
Loans Modified, Recorded Investment	55
Substandard \| Commercial \| Lessors of nonresidential buildings (except miniwarehouses)
LOANS
Loans Modified, Recorded Investment	0
Substandard \| Commercial \| Transportation and warehousing
LOANS
Loans Modified, Recorded Investment	0
Substandard \| Commercial \| Religious organizations
LOANS
Loans Modified, Recorded Investment	0
Substandard \| Commercial \| Real estate rental and leasing - other
LOANS
Loans Modified, Recorded Investment	0
Substandard \| Residential mortgage
LOANS
Loans Modified, Recorded Investment	475
Substandard \| Consumer
LOANS
Loans Modified, Recorded Investment	0
Purchased Credit Impaired
LOANS
Loans Modified, Recorded Investment	2,968
Purchased Credit Impaired \| Commercial
LOANS
Loans Modified, Recorded Investment	2,968
Purchased Credit Impaired \| Commercial \| Accommodation and food services - hotels
LOANS
Loans Modified, Recorded Investment	0
Purchased Credit Impaired \| Commercial \| Lessors of residential buildings and dwellings
LOANS
Loans Modified, Recorded Investment	1,557
Purchased Credit Impaired \| Commercial \| Lessors of nonresidential buildings (except miniwarehouses)
LOANS
Loans Modified, Recorded Investment	1,411
Purchased Credit Impaired \| Commercial \| Transportation and warehousing
LOANS
Loans Modified, Recorded Investment	0
Purchased Credit Impaired \| Commercial \| Religious organizations
LOANS
Loans Modified, Recorded Investment	0
Purchased Credit Impaired \| Commercial \| Real estate rental and leasing - other
LOANS
Loans Modified, Recorded Investment	0
Purchased Credit Impaired \| Residential mortgage
LOANS
Loans Modified, Recorded Investment	0
Purchased Credit Impaired \| Consumer
LOANS
Loans Modified, Recorded Investment	$ 0

LOANS - Adjustments to Initial

LOANS - Adjustments to Initial Discounts and Carrying Amounts of Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Market Rate Adjustment
LOANS
Adjustments to gross amortized cost of loans, Beginning balance	$ 718	$ (1,415)
(Amortization) accretion recognized in interest income	(366)	147
Adjustments to gross amortized cost of loans, Ending balance	352	(1,268)
Credit Adjustment on Non-impaired Loans
LOANS
Adjustments to gross amortized cost of loans, Beginning balance	(5,979)	(1,216)
(Amortization) accretion recognized in interest income	797	205
Adjustments to gross amortized cost of loans, Ending balance	$ (5,182)	$ (1,011)

LOANS - Summary of PCI Loans He

LOANS - Summary of PCI Loans Held (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
LOANS
Outstanding balance	$ 10,256	$ 10,316
Carrying amount	$ 6,781	$ 6,841

LOANS - Allowance for Loan Loss

LOANS - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
LOANS
Allowance for Loan losses	$ 11,385	$ 9,836
Allowance for Loan losses, Charge-offs	(11)	(48)
Allowance for Loan losses, Recoveries	28	14
Allowance for Loan losses, Provision (Credit)	259	1,528
Allowance for Loan losses	11,661	11,330
Commercial
LOANS
Allowance for Loan losses	6,308	4,788
Allowance for Loan losses, Charge-offs	0	(17)
Allowance for Loan losses, Recoveries	14	0
Allowance for Loan losses, Provision (Credit)	242	1,318
Allowance for Loan losses	6,564	6,089
Commercial \| Real estate loan
LOANS
Allowance for Loan losses	3,051	1,921
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	0	0
Allowance for Loan losses, Provision (Credit)	299	11
Allowance for Loan losses	3,350	1,932
Commercial \| Commercial and industrial
LOANS
Allowance for Loan losses	2,245	1,391
Allowance for Loan losses, Charge-offs	0	(17)
Allowance for Loan losses, Recoveries	14	0
Allowance for Loan losses, Provision (Credit)	(72)	1,271
Allowance for Loan losses	2,187	2,645
Commercial \| Construction Loans
LOANS
Allowance for Loan losses	454	966
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	0	0
Allowance for Loan losses, Provision (Credit)	22	4
Allowance for Loan losses	476	970
Commercial \| Loans secured by farm land
LOANS
Allowance for Loan losses	120	158
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	0	0
Allowance for Loan losses, Provision (Credit)	(9)	(14)
Allowance for Loan losses	111	144
Commercial \| Multi-family (5 or more) residential
LOANS
Allowance for Loan losses	236	156
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	0	0
Allowance for Loan losses, Provision (Credit)	19	43
Allowance for Loan losses	255	199
Commercial \| Agricultural loans
LOANS
Allowance for Loan losses	34	41
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	0	0
Allowance for Loan losses, Provision (Credit)	(8)	(2)
Allowance for Loan losses	26	39
Commercial \| Other commercial loans
LOANS
Allowance for Loan losses	168	155
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	0	0
Allowance for Loan losses, Provision (Credit)	(9)	5
Allowance for Loan losses	159	160
Residential mortgage
LOANS
Allowance for Loan losses	4,253	4,182
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	2	3
Allowance for Loan losses, Provision (Credit)	(55)	198
Allowance for Loan losses	4,200	4,383
Residential mortgage \| Real estate loan \| first liens
LOANS
Allowance for Loan losses	3,524	3,405
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	1	1
Allowance for Loan losses, Provision (Credit)	(18)	166
Allowance for Loan losses	3,507	3,572
Residential mortgage \| Real estate loan \| junior liens
LOANS
Allowance for Loan losses	349	384
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	0	1
Allowance for Loan losses, Provision (Credit)	(15)	29
Allowance for Loan losses	334	414
Residential mortgage \| Construction Loans
LOANS
Allowance for Loan losses	99	117
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	0	0
Allowance for Loan losses, Provision (Credit)	(21)	2
Allowance for Loan losses	78	119
Residential mortgage \| Home equity lines of credit
LOANS
Allowance for Loan losses	281	276
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	1	1
Allowance for Loan losses, Provision (Credit)	(1)	1
Allowance for Loan losses	281	278
Consumer
LOANS
Allowance for Loan losses	239	281
Allowance for Loan losses, Charge-offs	(11)	(31)
Allowance for Loan losses, Recoveries	12	11
Allowance for Loan losses, Provision (Credit)	(20)	12
Allowance for Loan losses	220	273
Unallocated
LOANS
Allowance for Loan losses	585	585
Allowance for Loan losses, Charge-offs	0	0
Allowance for Loan losses, Recoveries	0	0
Allowance for Loan losses, Provision (Credit)	92	0
Allowance for Loan losses	$ 677	$ 585

LOANS - Outstanding Loans by Ri

LOANS - Outstanding Loans by Risk Rating (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
LOANS
Loans receivable	$ 1,614,587	$ 1,644,209
Purchased Credit Impaired
LOANS
Loans receivable	6,781	6,841
Commercial
LOANS
Loans receivable	997,437	1,007,751
Commercial \| Purchased Credit Impaired
LOANS
Loans receivable	6,642	6,696
Commercial \| Real estate loan
LOANS
Loans receivable	524,886	531,810
Commercial \| Real estate loan \| Purchased Credit Impaired
LOANS
Loans receivable	4,275	4,298
Commercial \| Commercial and industrial
LOANS
Loans receivable	155,828	159,577
Commercial \| Commercial and industrial \| Purchased Credit Impaired
LOANS
Loans receivable	789	784
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	71,708	132,269
Commercial \| Paycheck Protection Program - 1st Draw \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	66,127	0
Commercial \| Paycheck Protection Program - 2nd Draw \| Purchased Credit Impaired
LOANS
Loans receivable	0
Commercial \| Political subdivisions
LOANS
Loans receivable	49,860	53,221
Commercial \| Political subdivisions \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Construction Loans
LOANS
Loans receivable	45,307	42,874
Commercial \| Construction Loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Loans secured by farm land
LOANS
Loans receivable	10,897	11,736
Commercial \| Loans secured by farm land \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	54,049	55,811
Commercial \| Multi-family (5 or more) residential \| Purchased Credit Impaired
LOANS
Loans receivable	1,578	1,614
Commercial \| Agricultural loans
LOANS
Loans receivable	2,460	3,164
Commercial \| Agricultural loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Other commercial loans
LOANS
Loans receivable	16,315	17,289
Commercial \| Other commercial loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Residential mortgage
LOANS
Loans receivable	601,253	620,172
Residential mortgage \| Purchased Credit Impaired
LOANS
Loans receivable	139	145
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	518,392	532,947
Residential mortgage \| Real estate loan \| first liens \| Purchased Credit Impaired
LOANS
Loans receivable	74	76
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	25,402	27,311
Residential mortgage \| Real estate loan \| junior liens \| Purchased Credit Impaired
LOANS
Loans receivable	65	69
Residential mortgage \| Construction Loans
LOANS
Loans receivable	18,376	20,613
Residential mortgage \| Construction Loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	39,083	39,301
Residential mortgage \| Home equity lines of credit \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Consumer
LOANS
Loans receivable	15,897	16,286
Consumer \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Pass
LOANS
Loans receivable	1,533,320	1,565,349
Pass \| Commercial
LOANS
Loans receivable	934,895	946,870
Pass \| Commercial \| Real estate loan
LOANS
Loans receivable	485,821	494,876
Pass \| Commercial \| Commercial and industrial
LOANS
Loans receivable	139,780	143,500
Pass \| Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	71,708	132,269
Pass \| Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	66,127
Pass \| Commercial \| Political subdivisions
LOANS
Loans receivable	49,860	53,221
Pass \| Commercial \| Construction Loans
LOANS
Loans receivable	44,543	42,110
Pass \| Commercial \| Loans secured by farm land
LOANS
Loans receivable	9,657	10,473
Pass \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	49,204	50,563
Pass \| Commercial \| Agricultural loans
LOANS
Loans receivable	1,880	2,569
Pass \| Commercial \| Other commercial loans
LOANS
Loans receivable	16,315	17,289
Pass \| Residential mortgage
LOANS
Loans receivable	582,641	602,307
Pass \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	501,338	516,685
Pass \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	24,601	26,480
Pass \| Residential mortgage \| Construction Loans
LOANS
Loans receivable	18,376	20,613
Pass \| Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	38,326	38,529
Pass \| Consumer
LOANS
Loans receivable	15,784	16,172
Special Mention
LOANS
Loans receivable	36,126	35,316
Special Mention \| Commercial
LOANS
Loans receivable	30,538	28,924
Special Mention \| Commercial \| Real estate loan
LOANS
Loans receivable	18,419	17,374
Special Mention \| Commercial \| Commercial and industrial
LOANS
Loans receivable	8,627	8,025
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
Special Mention \| Commercial \| Political subdivisions
LOANS
Loans receivable	0	0
Special Mention \| Commercial \| Construction Loans
LOANS
Loans receivable	715	715
Special Mention \| Commercial \| Loans secured by farm land
LOANS
Loans receivable	397	405
Special Mention \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	2,380	2,405
Special Mention \| Commercial \| Agricultural loans
LOANS
Loans receivable	0	0
Special Mention \| Commercial \| Other commercial loans
LOANS
Loans receivable	0	0
Special Mention \| Residential mortgage
LOANS
Loans receivable	5,588	6,392
Special Mention \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	5,397	6,192
Special Mention \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	132	141
Special Mention \| Residential mortgage \| Construction Loans
LOANS
Loans receivable	0	0
Special Mention \| Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	59	59
Special Mention \| Consumer
LOANS
Loans receivable	0	0
Substandard
LOANS
Loans receivable	38,265	36,703
Substandard \| Commercial
LOANS
Loans receivable	25,267	25,261
Substandard \| Commercial \| Real estate loan
LOANS
Loans receivable	16,371	15,262
Substandard \| Commercial \| Commercial and industrial
LOANS
Loans receivable	6,537	7,268
Substandard \| Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	0	0
Substandard \| Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	0
Substandard \| Commercial \| Political subdivisions
LOANS
Loans receivable	0	0
Substandard \| Commercial \| Construction Loans
LOANS
Loans receivable	49	49
Substandard \| Commercial \| Loans secured by farm land
LOANS
Loans receivable	843	858
Substandard \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	887	1,229
Substandard \| Commercial \| Agricultural loans
LOANS
Loans receivable	580	595
Substandard \| Commercial \| Other commercial loans
LOANS
Loans receivable	0	0
Substandard \| Residential mortgage
LOANS
Loans receivable	12,885	11,328
Substandard \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	11,583	9,994
Substandard \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	604	621
Substandard \| Residential mortgage \| Construction Loans
LOANS
Loans receivable	0	0
Substandard \| Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	698	713
Substandard \| Consumer
LOANS
Loans receivable	113	114
Doubtful
LOANS
Loans receivable	95	0
Doubtful \| Commercial
LOANS
Loans receivable	95	0
Doubtful \| Commercial \| Real estate loan
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Commercial and industrial
LOANS
Loans receivable	95	0
Doubtful \| Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	0
Doubtful \| Commercial \| Political subdivisions
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Construction Loans
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 \| Construction Loans
LOANS
Loans receivable	0	0
Doubtful \| Residential mortgage \| Home equity lines of credit
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	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
LOANS
Loans receivable: Individually Evaluated	$ 18,158	$ 17,818
Loans receivable: Collectively Evaluated	1,596,429	1,626,391
Loans receivable	1,614,587	1,644,209
Allowance for loan losses: individually evaluated	1,124	925
Allowance for loan losses: collectively evaluated	9,860	9,875
Allowance for loan losses	11,661	11,385	$ 11,330	$ 9,836
Commercial
LOANS
Loans receivable: Individually Evaluated	15,833	15,019
Loans receivable: Collectively Evaluated	981,604	992,732
Loans receivable	997,437	1,007,751
Allowance for loan losses: individually evaluated	970	763
Allowance for loan losses: collectively evaluated	5,594	5,545
Allowance for loan losses	6,564	6,308	6,089	4,788
Commercial \| Real estate loan
LOANS
Loans receivable: Individually Evaluated	12,749	11,962
Loans receivable: Collectively Evaluated	512,137	519,848
Loans receivable	524,886	531,810
Allowance for loan losses: individually evaluated	899	692
Allowance for loan losses: collectively evaluated	2,451	2,359
Allowance for loan losses	3,350	3,051	1,932	1,921
Commercial \| Commercial and industrial
LOANS
Loans receivable: Individually Evaluated	1,422	1,359
Loans receivable: Collectively Evaluated	154,406	158,218
Loans receivable	155,828	159,577
Allowance for loan losses: individually evaluated	71	71
Allowance for loan losses: collectively evaluated	2,116	2,174
Allowance for loan losses	2,187	2,245	2,645	1,391
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable: Individually Evaluated	0	0
Loans receivable: Collectively Evaluated	71,708	132,269
Loans receivable	71,708	132,269
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
Loans receivable: Collectively Evaluated	66,127
Loans receivable	66,127	0
Allowance for loan losses: individually evaluated	0
Allowance for loan losses: collectively evaluated	0
Allowance for loan losses	0
Commercial \| Political subdivisions
LOANS
Loans receivable: Individually Evaluated	0	0
Loans receivable: Collectively Evaluated	49,860	53,221
Loans receivable	49,860	53,221
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: Individually Evaluated	0	0
Loans receivable: Collectively Evaluated	45,307	42,874
Loans receivable	45,307	42,874
Allowance for loan losses: individually evaluated	0	0
Allowance for loan losses: collectively evaluated	476	454
Allowance for loan losses	476	454	970	966
Commercial \| Loans secured by farm land
LOANS
Loans receivable: Individually Evaluated	84	84
Loans receivable: Collectively Evaluated	10,813	11,652
Loans receivable	10,897	11,736
Allowance for loan losses: individually evaluated	0	0
Allowance for loan losses: collectively evaluated	111	120
Allowance for loan losses	111	120	144	158
Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable: Individually Evaluated	1,578	1,614
Loans receivable: Collectively Evaluated	52,471	54,197
Loans receivable	54,049	55,811
Allowance for loan losses: individually evaluated	0	0
Allowance for loan losses: collectively evaluated	255	236
Allowance for loan losses	255	236	199	156
Commercial \| Agricultural loans
LOANS
Loans receivable: Individually Evaluated	0	0
Loans receivable: Collectively Evaluated	2,460	3,164
Loans receivable	2,460	3,164
Allowance for loan losses: individually evaluated	0	0
Allowance for loan losses: collectively evaluated	26	34
Allowance for loan losses	26	34	39	41
Commercial \| Other commercial loans
LOANS
Loans receivable: Individually Evaluated	0	0
Loans receivable: Collectively Evaluated	16,315	17,289
Loans receivable	16,315	17,289
Allowance for loan losses: individually evaluated	0	0
Allowance for loan losses: collectively evaluated	159	168
Allowance for loan losses	159	168	160	155
Residential mortgage
LOANS
Loans receivable: Individually Evaluated	2,325	2,799
Loans receivable: Collectively Evaluated	598,928	617,373
Loans receivable	601,253	620,172
Allowance for loan losses: individually evaluated	154	162
Allowance for loan losses: collectively evaluated	4,046	4,091
Allowance for loan losses	4,200	4,253	4,383	4,182
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable: Individually Evaluated	1,920	2,385
Loans receivable: Collectively Evaluated	516,472	530,562
Loans receivable	518,392	532,947
Allowance for loan losses: individually evaluated	8	9
Allowance for loan losses: collectively evaluated	3,499	3,515
Allowance for loan losses	3,507	3,524	3,572	3,405
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable: Individually Evaluated	405	414
Loans receivable: Collectively Evaluated	24,997	26,897
Loans receivable	25,402	27,311
Allowance for loan losses: individually evaluated	146	153
Allowance for loan losses: collectively evaluated	188	196
Allowance for loan losses	334	349	414	384
Residential mortgage \| Construction Loans
LOANS
Loans receivable: Individually Evaluated	0	0
Loans receivable: Collectively Evaluated	18,376	20,613
Loans receivable	18,376	20,613
Allowance for loan losses: individually evaluated	0	0
Allowance for loan losses: collectively evaluated	78	99
Allowance for loan losses	78	99	119	117
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable: Individually Evaluated	0	0
Loans receivable: Collectively Evaluated	39,083	39,301
Loans receivable	39,083	39,301
Allowance for loan losses: individually evaluated	0	0
Allowance for loan losses: collectively evaluated	281	281
Allowance for loan losses	281	281	278	276
Consumer
LOANS
Loans receivable: Individually Evaluated	0	0
Loans receivable: Collectively Evaluated	15,897	16,286
Loans receivable	15,897	16,286
Allowance for loan losses: individually evaluated	0	0
Allowance for loan losses: collectively evaluated	220	239
Allowance for loan losses	220	239	273	281
Unallocated
LOANS
Allowance for loan losses	$ 677	$ 585	$ 585	$ 585

LOANS - Impaired Loans (Details

LOANS - Impaired Loans (Details) $ in Thousands	Mar. 31, 2021USD ($)propertyborrower	Dec. 31, 2020USD ($)
LOANS
Unpaid Principal Balance - with no allowance	$ 12,279	$ 13,211
Recorded Investment - with no allowance	8,804	9,736
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	9,354	8,082
Recorded investment - with allowance	9,354	8,082
Related Allowance - with allowance	1,124	925
Unpaid Principal Balance	21,633	21,293
Recorded Investment	18,158	17,818
Commercial \| Real estate loan
LOANS
Unpaid Principal Balance - with no allowance	6,731	7,168
Recorded Investment - with no allowance	4,961	5,398
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	7,788	6,501
Recorded investment - with allowance	7,788	6,501
Related Allowance - with allowance	898	691
Commercial \| Commercial and industrial
LOANS
Unpaid Principal Balance - with no allowance	1,844	1,781
Recorded Investment - with no allowance	1,350	1,287
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	72	72
Recorded investment - with allowance	72	72
Related Allowance - with allowance	72	72
Commercial \| Loans secured by farm land
LOANS
Unpaid Principal Balance - with no allowance	84	84
Recorded Investment - with no allowance	84	84
Related Allowance - with no allowance	0	0
Commercial \| Multi-family (5 or more) residential
LOANS
Unpaid Principal Balance - with no allowance	2,734	2,770
Recorded Investment - with no allowance	1,578	1,614
Related Allowance - with no allowance	$ 0	0
Residential mortgage
LOANS
Number borrowers collateralized by one property with specific allowance \| borrower	2
Number of properties collateralized each loan \| property	1
Residential mortgage \| Real estate loan
LOANS
Related Allowance - with allowance	$ 146	153
Residential mortgage \| Real estate loan \| first liens
LOANS
Unpaid Principal Balance - with no allowance	731	1,248
Recorded Investment - with no allowance	731	1,248
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	1,189	1,200
Recorded investment - with allowance	1,189	1,200
Related Allowance - with allowance	8	9
Residential mortgage \| Real estate loan \| junior liens
LOANS
Unpaid Principal Balance - with no allowance	155	160
Recorded Investment - with no allowance	100	105
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	305	309
Recorded investment - with allowance	305	309
Related Allowance - with allowance	$ 146	$ 153

LOANS - Average Balance of Impa

LOANS - Average Balance of Impaired Loans and Income Recognized on Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
LOANS
Average Investment in Impaired Loans	$ 17,989	$ 6,888
Interest Income Recognized on Impaired Loans on a Cash Basis	262	44
Commercial
LOANS
Average Investment in Impaired Loans	15,083	5,209
Interest Income Recognized on Impaired Loans on a Cash Basis	220	35
Commercial \| Real estate loan
LOANS
Average Investment in Impaired Loans	12,203	387
Interest Income Recognized on Impaired Loans on a Cash Basis	143	4
Commercial \| Commercial and industrial
LOANS
Average Investment in Impaired Loans	1,082	2,872
Interest Income Recognized on Impaired Loans on a Cash Basis	12	1
Commercial \| Construction Loans
LOANS
Average Investment in Impaired Loans	49	1,308
Interest Income Recognized on Impaired Loans on a Cash Basis	1	12
Commercial \| Loans secured by farm land
LOANS
Average Investment in Impaired Loans	84	516
Interest Income Recognized on Impaired Loans on a Cash Basis	1	17
Commercial \| Multi-family (5 or more) residential
LOANS
Average Investment in Impaired Loans	1,596	0
Interest Income Recognized on Impaired Loans on a Cash Basis	61	0
Commercial \| Agricultural loans
LOANS
Average Investment in Impaired Loans	69	76
Interest Income Recognized on Impaired Loans on a Cash Basis	2	0
Commercial \| Other commercial loans
LOANS
Average Investment in Impaired Loans	0	50
Interest Income Recognized on Impaired Loans on a Cash Basis	0	1
Residential mortgage
LOANS
Average Investment in Impaired Loans	2,906	1,679
Interest Income Recognized on Impaired Loans on a Cash Basis	42	9
Residential mortgage \| Real estate loan \| first liens
LOANS
Average Investment in Impaired Loans	2,451	1,232
Interest Income Recognized on Impaired Loans on a Cash Basis	37	8
Residential mortgage \| Real estate loan \| junior liens
LOANS
Average Investment in Impaired Loans	437	382
Interest Income Recognized on Impaired Loans on a Cash Basis	5	0
Residential mortgage \| Home Equity Line of Credit [Member]
LOANS
Average Investment in Impaired Loans	18	65
Interest Income Recognized on Impaired Loans on a Cash Basis	0	1
Consumer
LOANS
Average Investment in Impaired Loans	0	0
Interest Income Recognized on Impaired Loans on a Cash Basis	$ 0	$ 0

LOANS - Nonaccrual Loans and Lo

LOANS - Nonaccrual Loans and Loans Past Due Ninety Days or More and Still Accruing (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
LOANS
Past Due 90+ Days and Accruing	$ 1,285	$ 1,975
Nonaccrual	22,116	21,416
Commercial
LOANS
Past Due 90+ Days and Accruing	446	796
Nonaccrual	15,406	14,267
Commercial \| Real estate loan
LOANS
Past Due 90+ Days and Accruing	155	395
Nonaccrual	12,648	11,550
Commercial \| Commercial and industrial
LOANS
Past Due 90+ Days and Accruing	103	142
Nonaccrual	1,047	970
Commercial \| Construction Loans
LOANS
Past Due 90+ Days and Accruing	0	0
Nonaccrual	49	49
Commercial \| Loans secured by farm land
LOANS
Past Due 90+ Days and Accruing	188	188
Nonaccrual	84	84
Commercial \| Multi-family (5 or more) residential
LOANS
Past Due 90+ Days and Accruing	0	0
Nonaccrual	1,578	1,614
Commercial \| Other commercial loans
LOANS
Past Due 90+ Days and Accruing	0	71
Nonaccrual	0	0
Residential mortgage
LOANS
Past Due 90+ Days and Accruing	791	1,123
Nonaccrual	6,629	7,064
Residential mortgage \| Real estate loan \| first liens
LOANS
Past Due 90+ Days and Accruing	550	838
Nonaccrual	5,964	6,387
Residential mortgage \| Real estate loan \| junior liens
LOANS
Past Due 90+ Days and Accruing	45	52
Nonaccrual	370	378
Residential mortgage \| Home equity lines of credit
LOANS
Past Due 90+ Days and Accruing	196	233
Nonaccrual	295	299
Consumer
LOANS
Past Due 90+ Days and Accruing	48	56
Nonaccrual	$ 81	$ 85

LOANS - Contractual Aging of Lo

LOANS - Contractual Aging of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
LOANS
Loans current and past due less than 30 days	$ 1,596,897	$ 1,627,899
Loans receivable	1,614,587	1,644,209
Past Due 30-89 Days
LOANS
Loans past due	8,754	8,607
Past Due 90+ Days
LOANS
Loans past due	8,936	7,703
Commercial
LOANS
Loans current and past due less than 30 days	990,295	1,002,260
Loans receivable	997,437	1,007,751
Commercial \| Past Due 30-89 Days
LOANS
Loans past due	1,100	2,453
Commercial \| Past Due 90+ Days
LOANS
Loans past due	6,042	3,038
Commercial \| Real estate loan
LOANS
Loans current and past due less than 30 days	519,474	529,998
Loans receivable	524,886	531,810
Commercial \| Real estate loan \| Past Due 30-89 Days
LOANS
Loans past due	630	66
Commercial \| Real estate loan \| Past Due 90+ Days
LOANS
Loans past due	4,782	1,746
Commercial \| Commercial and industrial
LOANS
Loans current and past due less than 30 days	154,745	158,523
Loans receivable	155,828	159,577
Commercial \| Commercial and industrial \| Past Due 30-89 Days
LOANS
Loans past due	94	55
Commercial \| Commercial and industrial \| Past Due 90+ Days
LOANS
Loans past due	989	999
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans current and past due less than 30 days	71,708	132,269
Loans receivable	71,708	132,269
Commercial \| Paycheck Protection Program - 1st Draw \| Past Due 30-89 Days
LOANS
Loans past due	0	0
Commercial \| Paycheck Protection Program - 1st Draw \| Past Due 90+ Days
LOANS
Loans past due	0	0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans current and past due less than 30 days	66,127	0
Loans receivable	66,127	0
Commercial \| Paycheck Protection Program - 2nd Draw \| Past Due 30-89 Days
LOANS
Loans past due	0	0
Commercial \| Paycheck Protection Program - 2nd Draw \| Past Due 90+ Days
LOANS
Loans past due	0	0
Commercial \| Political subdivisions
LOANS
Loans current and past due less than 30 days	49,860	53,221
Loans receivable	49,860	53,221
Commercial \| Political subdivisions \| Past Due 30-89 Days
LOANS
Loans past due	0	0
Commercial \| Political subdivisions \| Past Due 90+ Days
LOANS
Loans past due	0	0
Commercial \| Construction Loans
LOANS
Loans current and past due less than 30 days	45,060	42,590
Loans receivable	45,307	42,874
Commercial \| Construction Loans \| Past Due 30-89 Days
LOANS
Loans past due	198	284
Commercial \| Construction Loans \| Past Due 90+ Days
LOANS
Loans past due	49	0
Commercial \| Loans secured by farm land
LOANS
Loans current and past due less than 30 days	10,593	11,419
Loans receivable	10,897	11,736
Commercial \| Loans secured by farm land \| Past Due 30-89 Days
LOANS
Loans past due	82	95
Commercial \| Loans secured by farm land \| Past Due 90+ Days
LOANS
Loans past due	222	222
Commercial \| Multi-family (5 or more) residential
LOANS
Loans current and past due less than 30 days	54,049	53,860
Loans receivable	54,049	55,811
Commercial \| Multi-family (5 or more) residential \| Past Due 30-89 Days
LOANS
Loans past due	0	1,951
Commercial \| Multi-family (5 or more) residential \| Past Due 90+ Days
LOANS
Loans past due	0	0
Commercial \| Agricultural loans
LOANS
Loans current and past due less than 30 days	2,364	3,091
Loans receivable	2,460	3,164
Commercial \| Agricultural loans \| Past Due 30-89 Days
LOANS
Loans past due	96	2
Commercial \| Agricultural loans \| Past Due 90+ Days
LOANS
Loans past due	0	71
Commercial \| Other commercial loans
LOANS
Loans current and past due less than 30 days	16,315	17,289
Loans receivable	16,315	17,289
Commercial \| Other commercial loans \| Past Due 30-89 Days
LOANS
Loans past due	0	0
Commercial \| Other commercial loans \| Past Due 90+ Days
LOANS
Loans past due	0	0
Residential mortgage
LOANS
Loans current and past due less than 30 days	590,850	609,576
Loans receivable	601,253	620,172
Residential mortgage \| Past Due 30-89 Days
LOANS
Loans past due	7,628	6,071
Residential mortgage \| Past Due 90+ Days
LOANS
Loans past due	2,775	4,525
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans current and past due less than 30 days	508,818	523,191
Loans receivable	518,392	532,947
Residential mortgage \| Real estate loan \| first liens \| Past Due 30-89 Days
LOANS
Loans past due	7,176	5,703
Residential mortgage \| Real estate loan \| first liens \| Past Due 90+ Days
LOANS
Loans past due	2,398	4,053
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans current and past due less than 30 days	25,201	27,009
Loans receivable	25,402	27,311
Residential mortgage \| Real estate loan \| junior liens \| Past Due 30-89 Days
LOANS
Loans past due	20	111
Residential mortgage \| Real estate loan \| junior liens \| Past Due 90+ Days
LOANS
Loans past due	181	191
Residential mortgage \| Construction Loans
LOANS
Loans current and past due less than 30 days	18,376	20,457
Loans receivable	18,376	20,613
Residential mortgage \| Construction Loans \| Past Due 30-89 Days
LOANS
Loans past due	0	156
Residential mortgage \| Construction Loans \| Past Due 90+ Days
LOANS
Loans past due	0	0
Residential mortgage \| Home equity lines of credit
LOANS
Loans current and past due less than 30 days	38,455	38,919
Loans receivable	39,083	39,301
Residential mortgage \| Home equity lines of credit \| Past Due 30-89 Days
LOANS
Loans past due	432	101
Residential mortgage \| Home equity lines of credit \| Past Due 90+ Days
LOANS
Loans past due	196	281
Consumer
LOANS
Loans current and past due less than 30 days	15,752	16,063
Loans receivable	15,897	16,286
Consumer \| Past Due 30-89 Days
LOANS
Loans past due	26	83
Consumer \| Past Due 90+ Days
LOANS
Loans past due	$ 119	$ 140

LOANS - Contractual Aging of No

LOANS - Contractual Aging of Nonaccrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
LOANS
Nonaccrual loans	$ 22,116	$ 21,416
Non accrual Loans [Member]
LOANS
Loans current and past due, nonaccrual	12,654	12,999
Nonaccrual loans	22,116	21,416
Non accrual Loans [Member] \| Past Due 30-89 Days
LOANS
Loans current and past due, nonaccrual	1,861	2,689
Non accrual Loans [Member] \| Past Due 90+ Days
LOANS
Loans current and past due, nonaccrual	$ 7,601	$ 5,728

LOANS - Aging of Troubled Debt

LOANS - Aging of Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Troubled Debt Restructurings
Loans current and past due less than 30 days	$ 1,596,897	$ 1,627,899
Nonaccrual loans	22,116	21,416
Past Due 30-89 Days
Troubled Debt Restructurings
Loans past due	8,754	8,607
Past Due 90+ Days
Troubled Debt Restructurings
Loans past due	8,936	7,703
Troubled Debt Restructuring
Troubled Debt Restructurings
Loans current and past due less than 30 days	176	166
Nonaccrual loans	6,816	6,867
Troubled debt restructurings	7,185	7,451
Troubled Debt Restructuring \| Past Due 30-89 Days
Troubled Debt Restructurings
Loans past due	126	0
Troubled Debt Restructuring \| Past Due 90+ Days
Troubled Debt Restructurings
Loans past due	$ 67	$ 418

LOANS - Troubled Debt Restructu

LOANS - Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)loan	Mar. 31, 2020USD ($)loan
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan	2	1
Troubled debt restructurings, post-modification recorded investment \| $	$ 36	$ 30
Residential mortgage \| Real estate loan \| first liens \| Reduced monthly payments and extended maturity date
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan	1	0
Troubled debt restructurings, post-modification recorded investment \| $	$ 12	$ 0
Residential mortgage \| Real estate loan \| junior liens \| New loan at lower than risk-adjusted market rate to borrower from whom short sale of other collateral was accepted
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan	0	1
Troubled debt restructurings, post-modification recorded investment \| $	$ 0	$ 30
Consumer \| Reduced monthly payments and extended maturity date
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan	1	0
Troubled debt restructurings, post-modification recorded investment \| $	$ 24	$ 0

LOANS - Payment Defaults on TDR

LOANS - Payment Defaults on TDR Loans (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)loan	Mar. 31, 2020USD ($)loan
Number of Loans \| loan	1	0
Recorded Investment \| $	$ 3,392	$ 0
Commercial \| Real estate loan
Number of Loans \| loan	1	0
Recorded Investment \| $	$ 3,392	$ 0

LOANS - Foreclosed Residential

LOANS - Foreclosed Residential Real Estate (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Residential mortgage
LOANS
Foreclosed residential real estate	$ 218	$ 80

LOANS - Mortgage Loans in Proce

LOANS - Mortgage Loans in Process of Foreclosure (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Residential mortgage
LOANS
Residential real estate in process of foreclosure	$ 1,852	$ 1,246

LOANS - Additional information

LOANS - Additional information (Details)	Mar. 27, 2020USD ($)	Mar. 31, 2021USD ($)loan	Sep. 30, 2020USD ($)	Mar. 31, 2020USD ($)loan	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
LOANS
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total		$ 7,388,000			$ 6,286,000
Recorded investment - with allowance		9,354,000			8,082,000
Specific allowances		1,124,000			925,000
Provision for loan losses		259,000		$ 1,528,000
Loans receivable		1,614,587,000			1,644,209,000
Increase (Decrease) in expenses		(1,269,000)
Allowance for Loan losses		$ 11,661,000		$ 11,330,000	11,385,000	$ 9,836,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment \| loan		1		0
Financing receivable charge-offs		$ 11,000		$ 48,000
Recorded Investment		18,158,000			17,818,000
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend		0			0
Commercial
LOANS
Loans receivable		997,437,000			1,007,751,000
Allowance for Loan losses		6,564,000		6,089,000	6,308,000	4,788,000
Financing receivable charge-offs		0		17,000
Unallocated
LOANS
Allowance for Loan losses		677,000		585,000	585,000	585,000
Financing receivable charge-offs		0		0
Residential mortgage
LOANS
Loans receivable		601,253,000			620,172,000
Allowance for Loan losses		4,200,000		4,383,000	4,253,000	4,182,000
Financing receivable charge-offs		0		0
Small Business Administration - Paycheck Protection Program
LOANS
Amount of stimulus package designed	$ 2,000,000,000,000
Paycheck Protection Program - 1st Draw
LOANS
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total		1,443,000
Contractual principal balances		72,987,000
Accretion of fees received		1,548,000
Recorded Investment		71,708,000
Adjustment recorded in acquisition		164,000
Paycheck Protection Program - 1st Draw \| Commercial
LOANS
Loans receivable		71,708,000			132,269,000
Allowance for Loan losses		0			0
Paycheck Protection Program - 2nd Draw
LOANS
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total		2,873,000
Contractual principal balances		69,000,000
Accretion of fees received		97,000
Recorded Investment		66,127,000
Paycheck Protection Program - 2nd Draw \| Commercial
LOANS
Loans receivable		66,127,000			0
Allowance for Loan losses		0
Construction Loans \| Commercial
LOANS
Loans receivable		45,307,000			42,874,000
Allowance for Loan losses		476,000		970,000	454,000	966,000
Financing receivable charge-offs		0		0
Construction Loans \| Residential mortgage
LOANS
Loans receivable		18,376,000			20,613,000
Allowance for Loan losses		78,000		119,000	99,000	117,000
Financing receivable charge-offs		0		0
Real estate loan \| Commercial
LOANS
Recorded investment - with allowance		7,788,000			6,501,000
Specific allowances		898,000			691,000
Loans receivable		524,886,000			531,810,000
Allowance for Loan losses		$ 3,350,000		$ 1,932,000	3,051,000	$ 1,921,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment \| loan		1		0
Financing receivable charge-offs		$ 0		$ 0
Real estate loan \| Commercial loan with specific allowance
LOANS
Specific allowances				$ 1,193,000
Financing receivable charge-offs			$ 2,219,000
Real estate loan \| Residential mortgage
LOANS
Specific allowances		146,000			153,000
Unfunded Loan Commitment
LOANS
Allowance for Loan losses		0			0
Purchased Credit Impaired
LOANS
Loans receivable		6,781,000			6,841,000
Loans Modified, Recorded Investment		6,781,000			6,841,000
Purchased Credit Impaired \| Commercial
LOANS
Loans receivable		6,642,000			6,696,000
Purchased Credit Impaired \| Residential mortgage
LOANS
Loans receivable		139,000			145,000
Purchased Credit Impaired \| Paycheck Protection Program - 1st Draw \| Commercial
LOANS
Loans receivable		0			0
Purchased Credit Impaired \| Paycheck Protection Program - 2nd Draw \| Commercial
LOANS
Loans receivable		0
Purchased Credit Impaired \| Construction Loans \| Commercial
LOANS
Loans receivable		0			0
Purchased Credit Impaired \| Construction Loans \| Residential mortgage
LOANS
Loans receivable		0			0
Purchased Credit Impaired \| Real estate loan \| Commercial
LOANS
Loans receivable		$ 4,275,000			$ 4,298,000

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Core Deposit Intangibles (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Gross amount	$ 6,639	$ 6,639
Accumulated amortization	(2,922)	(2,788)
Net	$ 3,717	$ 3,851

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Amortization Expense Core Deposit Intangibles (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Amortization expense	$ 134	$ 62

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Changes in the carrying amount of goodwill
Goodwill	$ 52,505		$ 52,505
Increase (Decrease) in goodwill	$ 0	$ 0

BORROWED FUNDS AND SUBORDINAT_3

BORROWED FUNDS AND SUBORDINATED DEBT - Short-term borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	$ 9,763	$ 20,022
FHLB-Pittsburgh borrowings
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	8,018	18,066
Customer repurchase agreements
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	$ 1,745	$ 1,956

BORROWED FUNDS AND SUBORDINAT_4

BORROWED FUNDS AND SUBORDINATED DEBT - Short-term borrowings Additional information (Details)	Mar. 31, 2021USD ($)loanfacility	Dec. 31, 2020USD ($)loan
Other Correspondent Banks
BORROWED FUNDS AND SUBORDINATED DEBT
Line of Credit Facility, Maximum Borrowing Capacity	$ 45,000,000	$ 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	$ 14,992,000	$ 15,126,000
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	$ 1,780,000	$ 1,980,000
Federal Home Loan Bank of Pittsburgh
BORROWED FUNDS AND SUBORDINATED DEBT
Line of Credit Facility, Maximum Borrowing Capacity	761,761,000	771,199,000
Letter of credit	400,000
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	1,033,262,000	1,049,690,000
Line of Credit Facility, Remaining Borrowing Capacity	703,562,000	698,977,000
Federal Home Loan Bank of Pittsburgh \| Other Assets
BORROWED FUNDS AND SUBORDINATED DEBT
Federal Home Loan Bank Stock	9,609,000	9,720,000
Federal Home Loan Bank of Pittsburgh \| Federal Reserve Bank of Philadelphia
BORROWED FUNDS AND SUBORDINATED DEBT
Line of Credit Facility, Maximum Borrowing Capacity	14,522,000	14,654,000
Long-term Line of Credit, Total	$ 0	$ 0
Federal Home Loan Bank of Pittsburgh \| Federal Home Loan Bank Advances 1
BORROWED FUNDS AND SUBORDINATED DEBT
Number of Short-term Advances	2	5
Short-term Borrowing, Amount of Each Borrowing	$ 8,000,000	$ 18,000,000
Short-term Debt, Weighted Average Interest Rate, at Point in Time	0.42%	0.43%

BORROWED FUNDS AND SUBORDINAT_5

BORROWED FUNDS AND SUBORDINATED DEBT - Long-term Borrowing (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Long-term Borrowing
Long-term borrowings	$ 50,467	$ 54,608
Federal Home Loan Bank of Pittsburgh
Long-term Borrowing
Long-term borrowings	50,467	54,608
Federal Home Loan Bank of Pittsburgh \| Loans maturing in 2021 with a weighted-average effective rate of 1.31%
Long-term Borrowing
Long-term borrowings	$ 22,072	$ 26,098
Rate	1.31%	1.31%
Federal Home Loan Bank of Pittsburgh \| Loans maturing in 2022 with a weighted-average rate of 0.60%
Long-term Borrowing
Long-term borrowings	$ 15,626	$ 15,682
Rate	0.60%	0.60%
Federal Home Loan Bank of Pittsburgh \| Loans maturing in 2023 with a weighted-average rate of 0.73%
Long-term Borrowing
Long-term borrowings	$ 7,198	$ 7,224
Rate	0.73%	0.73%
Federal Home Loan Bank of Pittsburgh \| Loans maturing in 2024 with a weighted-average rate of 0.75%
Long-term Borrowing
Long-term borrowings	$ 5,127	$ 5,137
Rate	0.75%	0.75%
Federal Home Loan Bank of Pittsburgh \| Loan maturing in 2025 with a rate of 4.91%
Long-term Borrowing
Long-term borrowings	$ 444	$ 467
Rate	4.91%	4.91%

BORROWED FUNDS AND SUBORDINAT_6

BORROWED FUNDS AND SUBORDINATED DEBT - Subordinated Debt (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Subordinated debt	$ 16,534,000	$ 16,553,000
6.25% maturing in June 2026 and redeemable at par in June 2021
Debt Instrument [Line Items]
Subordinated debt	8,012,000	8,027,000
Aggregate par value	$ 8,000,000	$ 8,000,000
Stated interest rate	6.25%	6.25%
6.50% maturing in April 2027 and redeemable at par in April 2022
Debt Instrument [Line Items]
Subordinated debt	$ 6,500,000	$ 6,500,000
Aggregate par value	$ 6,500,000	$ 6,500,000
Stated interest rate	6.50%	6.50%
6.50% maturing in July 2027 and redeemable at par in July 2022
Debt Instrument [Line Items]
Subordinated debt	$ 2,022,000	$ 2,026,000
Aggregate par value	$ 2,000,000	$ 2,000,000
Stated interest rate	6.50%	6.50%

STOCK-BASED COMPENSATION PLAN_2

STOCK-BASED COMPENSATION PLANS (Details) - Restricted Stock - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2021
Stock-based compensation expense	$ 341,000	$ 194,000
Forecast
Stock-based compensation expense			$ 1,600,000
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	3 Months Ended
	Mar. 31, 2021USD ($)shares
STOCK-BASED COMPENSATION PLANS
Number of shares \| shares	74,391
Average Grant Date Fair Value \| $	$ 1,489
Stock Incentive Plan \| Restricted Stock \| Employees
STOCK-BASED COMPENSATION PLANS
Number of shares \| shares	46,178
Average Grant Date Fair Value \| $	$ 924
Stock Incentive Plan \| Performance Shares \| Employees
STOCK-BASED COMPENSATION PLANS
Number of shares \| shares	17,224
Average Grant Date Fair Value \| $	$ 345
Independent Directors Stock Incentive Plan \| Restricted Stock \| Director
STOCK-BASED COMPENSATION PLANS
Number of shares \| shares	10,989
Average Grant Date Fair Value \| $	$ 220

CONTINGENCIES - Trust Departmen

CONTINGENCIES - Trust Department Tax Reporting Contingency (Details) - Trust Department Tax Reporting Contingency - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Trust Department Tax Reporting Contingency
Loss Contingency, Loss in Period	$ 107,000	$ 0
Accrued Interest and Other Liabilities
Trust Department Tax Reporting Contingency
Tax compliance matters	$ 429,000		$ 322,000

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - (Details) - USD ($)	3 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS - (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Asset pledged
Derivative Financial Instruments
Available-for-sale securities pledged as collateral	$ 9,145,000
Interest rate swap agreements
Derivative Financial Instruments
Aggregate notional amount	129,416,000	$ 135,740,000
Asset Derivatives, Notional Amount	64,708,000	67,870,000
Asset Derivatives, Fair Value	3,933,000	6,566,000
Liability Derivatives, Notional Amount	64,708,000	67,870,000
Liability Derivatives, Fair Value	3,933,000	$ 6,566,000
Derivatives not designated as hedging instruments \| Interest rate swap agreements
Derivative Financial Instruments
Interest rate swap	0		$ 0
Increase (decrease) in interest income	$ (338,000)

FAIR VALUE MEASUREMENTS AND F_3

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS - Assets Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets Measured at Fair Value
Total, fair value	$ 366,376	$ 349,332
Impaired loans with a valuation allowance	9,354	8,082
Valuation allowance	(1,124)	(925)
Impaired loans, net	9,354	8,082
Interest rate swap agreements
Assets Measured at Fair Value
Fair value derivative asset	3,933	6,566
Fair value of the derivative liability	3,933	6,566
Obligations of the U.S. Treasury
Assets Measured at Fair Value
Total, fair value	15,085	12,182
Obligations of U.S. Government agencies
Assets Measured at Fair Value
Total, fair value	24,992	26,344
Obligations Of States And Political Subdivisions Tax Exempt
Assets Measured at Fair Value
Total, fair value	125,118	122,401
Obligations Of States And Political Subdivisions Taxable
Assets Measured at Fair Value
Total, fair value	52,538	47,452
Residential Passthrough Securities
Assets Measured at Fair Value
Total, fair value	39,757	38,176
Residential Collateralized Mortgage Obligations
Assets Measured at Fair Value
Total, fair value	53,971	57,467
Commercial Mortgage Backed Securities
Assets Measured at Fair Value
Total, fair value	54,915	45,310
Recurring fair value measurements
Assets Measured at Fair Value
Total, fair value	366,376	349,332
Marketable equity security	982	1,000
Servicing rights	1,956	1,689
Total asset fair value measurements	373,247	358,587
Recurring fair value measurements \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Marketable equity security	982	1,000
Servicing rights	0	0
Total asset fair value measurements	982	1,000
Recurring fair value measurements \| Level 2
Assets Measured at Fair Value
Total, fair value	366,376	349,332
Marketable equity security	0	0
Servicing rights	0	0
Total asset fair value measurements	370,309	355,898
Recurring fair value measurements \| Level 3
Assets Measured at Fair Value
Total, fair value	0	0
Marketable equity security	0	0
Servicing rights	1,956	1,689
Total asset fair value measurements	1,956	1,689
Recurring fair value measurements \| Interest rate swap agreements
Assets Measured at Fair Value
Fair value derivative asset	3,933	6,566
Fair value of the derivative liability	3,933	6,566
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	3,933	6,566
Fair value of the derivative liability	3,933	6,566
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	15,085	12,182
Recurring fair value measurements \| Obligations of the U.S. Treasury \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Recurring fair value measurements \| Obligations of the U.S. Treasury \| Level 2
Assets Measured at Fair Value
Total, fair value	15,085	12,182
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	24,992	26,344
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	24,992	26,344
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 \| Obligations Of States And Political Subdivisions Tax Exempt
Assets Measured at Fair Value
Total, fair value	125,118	122,401
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	125,118	122,401
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	52,538	47,452
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	52,538	47,452
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	39,757	38,176
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	39,757	38,176
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	53,971	57,467
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	53,971	57,467
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	54,915	45,310
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	54,915	45,310
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	9,702	8,495
Impaired loans with a valuation allowance	9,354	8,082
Valuation allowance	(1,124)	(925)
Impaired loans, net	8,230	7,157
Foreclosed assets held for sale	1,472	1,338
Nonrecurring fair value measurements \| Level 1
Assets Measured at Fair Value
Total asset fair value measurements	0	0
Impaired loans with a valuation allowance	0	0
Valuation allowance	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 with a valuation allowance	0	0
Valuation allowance	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	9,702	8,495
Impaired loans with a valuation allowance	9,354	8,082
Valuation allowance	(1,124)	(925)
Impaired loans, net	8,230	7,157
Foreclosed assets held for sale	$ 1,472	$ 1,338

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 ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Valuation Techniques and the Unobservable Inputs
Fair value	$ 1,956,000	$ 1,689,000
Valuation Technique, Discounted cash flow
Valuation Techniques and the Unobservable Inputs
Fair value	$ 1,956,000	$ 1,689,000
Valuation Technique, Discounted cash flow \| Servicing rights
Valuation Techniques and the Unobservable Inputs
Discount rate	13.00%	13.00%
Weighted-average PSA	239.00%	277.00%
Servicing fees of loan balances	0.25%	0.25%
Servicing fees of payments are late	4.00%	4.00%
Late fees assessed	5.00%	5.00%
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	3.00%	3.00%

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
	Mar. 31, 2021	Mar. 31, 2020
Reconciliation of activity for Level 3 assets (servicing rights) measured at fair value on a recurring basis
Servicing rights balance, beginning of period	$ 1,689	$ 1,277
Originations of servicing rights	192	75
Unrealized gain (loss) included in earnings	75	(126)
Servicing rights balance, end of period	$ 1,956	$ 1,226

FAIR VALUE MEASUREMENTS AND F_6

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS - Level 3 Valuation Techniques Nonrecurring (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	$ 9,354	$ 8,082
Related allowance	1,124	925
Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	8,230	7,157
Related allowance	1,124	925
Foreclosed assets held for sale	1,472	1,338
Residential mortgage
Valuation Techniques and the Unobservable Inputs
Foreclosed assets held for sale	218	80
Residential mortgage \| Real estate loan
Valuation Techniques and the Unobservable Inputs
Related allowance	146	153
Commercial \| Real estate loan
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	7,788	6,501
Related allowance	898	691
Commercial \| Commercial and industrial
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	72	72
Related allowance	72	72
Impaired Loans \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	9,354	8,082
Related allowance	1,124	925
Fair value	8,230	7,157
Impaired Loans \| Valuation, Market Approach \| Residential mortgage \| Real estate loan \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	1,494	1,509
Related allowance	154	162
Fair value	$ 1,340	$ 1,347
Impaired Loans \| Valuation, Market Approach \| Residential mortgage \| Real estate loan \| Weighted average \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Discount rate	31.00%	31.00%
Impaired Loans \| Valuation, Market Approach \| Commercial \| Real estate loan \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	$ 7,788	$ 6,501
Related allowance	898	691
Fair value	$ 6,890	$ 5,810
Impaired Loans \| Valuation, Market Approach \| Commercial \| Real estate loan \| Weighted average \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Discount rate	35.00%	28.00%
Impaired Loans \| Valuation, Market Approach \| Commercial \| Commercial and industrial \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	$ 72	$ 72
Related allowance	72	72
Fair value	$ 0	$ 0
Impaired Loans \| Valuation, Market Approach \| Commercial \| Commercial and industrial \| Weighted average \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Discount rate	100.00%	100.00%
Foreclosed Assets Held For Sale \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Foreclosed assets held for sale	$ 1,472	$ 1,338
Valuation allowance	0	0
Fair value	1,472	1,338
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	1,254	1,258
Valuation allowance	0	0
Fair value	$ 1,254	$ 1,258
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	44.00%	44.00%
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	$ 218	$ 80
Valuation allowance	0	0
Fair value	$ 218	$ 80
Foreclosed Assets Held For Sale \| Valuation, Market Approach \| Residential mortgage \| Weighted average \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Discount rate	27.00%	36.00%

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	Mar. 31, 2021	Dec. 31, 2020
Interest rate swap agreements
Fair values, and carrying amounts financial instruments not recorded at fair value
Fair value derivative asset	$ 3,933	$ 6,566
Reported value measurement \| Level 1
Fair values, and carrying amounts financial instruments not recorded at fair value
Cash and cash equivalents	199,305	96,017
Reported value measurement \| Level 2
Fair values, and carrying amounts financial instruments not recorded at fair value
Certificates of deposit	7,840	5,840
Restricted equity securities (included in Other Assets)	9,859	9,970
Accrued interest receivable	7,913	8,293
Short-term borrowings	9,763	20,022
Long-term borrowings	50,467	54,608
Subordinated debt	16,534	16,553
Accrued interest payable	547	390
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	1,576,759	1,430,062
Reported value measurement \| Level 2 \| Time deposits
Fair values, and carrying amounts financial instruments not recorded at fair value
Deposits, fair value	347,166	390,407
Reported value measurement \| Level 2 \| Interest rate swap agreements
Fair values, and carrying amounts financial instruments not recorded at fair value
Fair value derivative asset	3,933	6,566
Interest rate swap agreements	3,933	6,566
Reported value measurement \| Level 3
Fair values, and carrying amounts financial instruments not recorded at fair value
Loans, net	1,602,926	1,632,824
Estimate of fair value measurement \| Level 1
Fair values, and carrying amounts financial instruments not recorded at fair value
Cash and cash equivalents	199,305	96,017
Estimate of fair value measurement \| Level 2
Fair values, and carrying amounts financial instruments not recorded at fair value
Certificates of deposit	8,012	6,054
Restricted equity securities (included in Other Assets)	9,859	9,970
Accrued interest receivable	7,913	8,293
Short-term borrowings	9,600	19,974
Long-term borrowings	51,318	55,723
Subordinated debt	16,534	16,680
Accrued interest payable	547	390
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	1,576,759	1,430,062
Estimate of fair value measurement \| Level 2 \| Time deposits
Fair values, and carrying amounts financial instruments not recorded at fair value
Deposits, fair value	349,693	393,566
Estimate of fair value measurement \| Level 2 \| Interest rate swap agreements
Fair values, and carrying amounts financial instruments not recorded at fair value
Fair value derivative asset	3,933	6,566
Interest rate swap agreements	3,933	6,566
Estimate of fair value measurement \| Level 3
Fair values, and carrying amounts financial instruments not recorded at fair value
Loans, net	$ 1,617,298	$ 1,646,207