Citizens & Northern (CZNC) 10-Q6 Aug 212021 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2021	Aug. 03, 2021
Document And Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 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)		15,844,666
Entity Central Index Key	0000810958
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Amendment Flag	false
Current Fiscal Year End Date	--12-31

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Noninterest-bearing	$ 22,404	$ 24,780
Interest-bearing	186,456	77,077
Total cash and due from banks	208,860	101,857
Available-for-sale debt securities, at fair value	391,881	349,332
Loans receivable	1,597,856	1,644,209
Allowance for loan losses	(12,375)	(11,385)
Loans, net	1,585,481	1,632,824
Bank-owned life insurance	30,391	30,096
Accrued interest receivable	7,293	8,293
Bank premises and equipment, net	20,620	21,526
Foreclosed assets held for sale	1,332	1,338
Deferred tax asset, net	3,408	2,705
Goodwill	52,505	52,505
Core deposit intangibles, net	3,583	3,851
Other assets	33,709	34,773
TOTAL ASSETS	2,339,063	2,239,100
LIABILITIES
Noninterest-bearing	525,592	465,332
Interest-bearing	1,391,217	1,355,137
Total deposits	1,916,809	1,820,469
Short-term borrowings	2,125	20,022
Long-term borrowings - FHLB advances	44,325	54,608
Senior notes, net	14,670	0
Subordinated debt, net	32,967	16,553
Accrued interest and other liabilities	24,034	27,692
TOTAL LIABILITIES	2,034,930	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 16,030,172 and outstanding 15,957,512 at June 30, 2021; issued 15,982,815 and outstanding 15,911,984 at December 31, 2020	16,030	15,983
Paid-in capital	143,817	143,644
Retained earnings	136,756	129,703
Treasury stock, at cost; 72,660 shares at June 30, 2021 and 70,831 shares at December 31, 2020	(1,746)	(1,369)
Accumulated other comprehensive income	9,276	11,795
TOTAL STOCKHOLDERS' EQUITY	304,133	299,756
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 2,339,063	$ 2,239,100

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Jun. 30, 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)	16,030,172	15,982,815
Common stock, shares outstanding (in shares)	15,957,512	15,911,984
Treasury stock, shares (in shares)	72,660	70,831

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Interest and fees on loans:
Taxable	$ 18,075	$ 14,126	$ 37,566	$ 28,587
Tax-exempt	411	439	850	898
Income from available-for-sale debt securities:
Taxable	1,187	1,380	2,300	2,968
Tax-exempt	663	507	1,305	944
Other interest and dividend income	92	61	161	153
Total interest and dividend income	20,428	16,513	42,182	33,550
INTEREST EXPENSE
Interest on deposits	1,217	1,784	2,495	3,939
Interest on short-term borrowings	7	64	22	262
Interest on long-term borrowings - FHLB advances	109	313	243	608
Interest on senior notes, net	57	0	57	0
Interest on subordinated debt	357	106	601	213
Total interest expense	1,747	2,267	3,418	5,022
Net interest income	18,681	14,246	38,764	28,528
Provision (credit) for loan losses	744	(176)	1,003	1,352
Net interest income after provision for loan losses	17,937	14,422	37,761	27,176
NONINTEREST INCOME
Brokerage and insurance revenue	506	384	832	739
Net gains from sale of loans	925	1,564	1,989	1,879
Increase in cash surrender value of life insurance	145	98	295	202
Other noninterest income	700	526	2,172	1,587
Sub-total	6,300	5,528	13,082	10,809
Realized gains on available-for-sale debt securities, net	2	0	2	0
Total noninterest income	6,302	5,528	13,084	10,809
NONINTEREST EXPENSE
Salaries and employee benefits	9,499	6,983	18,394	14,361
Net occupancy and equipment expense	1,219	975	2,523	2,078
Data processing and telecommunications expense	1,487	1,253	2,867	2,477
Automated teller machine and interchange expense	355	275	692	572
Pennsylvania shares tax	490	423	981	845
Professional fees	598	464	1,145	843
Merger-related expenses	0	983	0	1,124
Other noninterest expense	1,751	1,901	4,506	4,010
Total noninterest expense	15,399	13,257	31,108	26,310
Income before income tax provision	8,840	6,693	19,737	11,675
Income tax provision	1,780	1,255	3,890	2,071
NET INCOME	$ 7,060	$ 5,438	$ 15,847	$ 9,604
EARNINGS PER COMMON SHARE - BASIC (in dollars per share)	$ 0.44	$ 0.39	$ 0.99	$ 0.70
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share)	$ 0.44	$ 0.39	$ 0.99	$ 0.70
Trust and Asset Management
NONINTEREST INCOME
Revenue	$ 1,807	$ 1,565	$ 3,433	$ 3,044
Deposit Account
NONINTEREST INCOME
Revenue	1,073	831	2,088	2,081
Debit Card
NONINTEREST INCOME
Revenue	998	718	1,879	1,449
Bank Servicing
NONINTEREST INCOME
Revenue	$ 146	$ (158)	$ 394	$ (172)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Consolidated Statements of Comprehensive Income
Net income	$ 7,060	$ 5,438	$ 15,847	$ 9,604
Unrealized holding gains (losses) on available-for-sale debt securities	2,941	2,835	(3,173)	10,075
Reclassification adjustment for (gains) realized in income	(2)	0	(2)	0
Other comprehensive income (loss) on available-for-sale debt securities	2,939	2,835	(3,175)	10,075
Changes from plan amendments and actuarial gains and losses	0	0	(5)	88
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost	(4)	(6)	(8)	(14)
Other comprehensive (loss) income on unfunded retirement obligations	(4)	(6)	(13)	74
Other comprehensive income (loss) before income tax	2,935	2,829	(3,188)	10,149
Income tax related to other comprehensive income (loss)	(618)	(592)	669	(2,129)
Net other comprehensive income (loss)	2,317	2,237	(2,519)	8,020
Comprehensive income	$ 9,377	$ 7,675	$ 13,328	$ 17,624

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 15,847	$ 9,604
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,003	1,352
Realized gains on available-for-sale debt securities, net	(2)	0
Net amortization of securities	1,021	802
Increase in cash surrender value of life insurance	(295)	(202)
Depreciation and amortization of bank premises and equipment	1,081	897
Net accretion of purchase accounting adjustments	(1,397)	(578)
Stock-based compensation	625	424
Deferred income taxes	(34)	396
(Increase) decrease in fair value of servicing rights	(36)	396
Gains on sales of loans, net	(1,989)	(1,879)
Origination of loans held for sale	(60,590)	(60,830)
Proceeds from sales of loans held for sale	60,867	61,815
Decrease (increase) in accrued interest receivable and other assets	761	(9,085)
(Decrease) increase in accrued interest payable and other liabilities	(1,396)	2,630
Other	(55)	15
Net Cash Provided by Operating Activities	15,411	5,757
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of certificates of deposit	(2,000)	0
Proceeds from maturities of certificates of deposit	0	250
Proceeds from sales of available-for-sale debt securities	421	6,722
Proceeds from calls and maturities of available-for-sale debt securities	33,117	43,718
Purchase of available-for-sale debt securities	(80,249)	(26,632)
Redemption of Federal Home Loan Bank of Pittsburgh stock	1,367	5,076
Purchase of Federal Home Loan Bank of Pittsburgh stock	(997)	(3,616)
Net decrease (increase) in loans	46,960	(58,591)
Proceeds from bank owned life insurance	287	0
Proceeds from sales of premises and equipment	575	0
Purchase of premises and equipment	(741)	(2,085)
Proceeds from sale of foreclosed assets	178	1,265
Other	115	116
Net Cash Used in Investing Activities	(967)	(33,777)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	96,914	128,464
Net decrease in short-term borrowings	(17,832)	(71,822)
Proceeds from long-term borrowings - FHLB advances	0	25,891
Repayments of long-term borrowings - FHLB advances	(10,047)	(5,114)
Proceeds from issuance of senior notes, net of issuance costs	14,663	0
Proceeds from issuance of subordinated debt, net of issuance costs	24,437	0
Redemption of subordinated debt	(8,000)	0
Sale of treasury stock	77	124
Purchases of treasury stock	(1,688)	(163)
Common dividends paid	(7,965)	(6,670)
Net Cash Provided by Financing Activities	90,559	70,710
INCREASE IN CASH AND CASH EQUIVALENTS	105,003	42,690
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	96,017	31,122
CASH AND CASH EQUIVALENTS, END OF PERIOD	201,020	73,812
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Increase in accrued purchase of available-for-sale debt securities	32	0
Assets acquired through foreclosure of real estate loans	134	0
Interest paid	4,508	4,961
Income taxes paid	$ 5,770	$ 42

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Treasury Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	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				9,604		9,604
Other comprehensive income (loss), net					8,020	8,020
Cash dividends declared on common stock				(7,423)		(7,423)
Shares issued for dividend reinvestment plan (in shares)		(34,700)
Shares issued for dividend reinvestment plan		$ 671	82			753
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)		3,642
Forfeiture of restricted stock		$ (70)	70			0
Stock-based compensation expense			424			424
Purchase of restricted stock for tax withholding		$ (163)				(163)
Purchase of restricted stock for tax withholding (in shares)		5,862
Balance (in shares) at Jun. 30, 2020	13,934,996	127,839
Balance at Jun. 30, 2020	$ 13,935	$ (2,470)	103,954	128,661	11,711	255,791
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
Net income				5,438		5,438
Other comprehensive income (loss), net					2,237	2,237
Cash dividends declared on common stock				(3,721)		(3,721)
Shares issued for dividend reinvestment plan (in shares)		(20,755)
Shares issued for dividend reinvestment plan		$ 401	(22)			379
Forfeiture of restricted stock (in shares)		758
Forfeiture of restricted stock		$ (15)	15			0
Stock-based compensation expense			230			230
Balance (in shares) at Jun. 30, 2020	13,934,996	127,839
Balance at Jun. 30, 2020	$ 13,935	$ (2,470)	103,954	128,661	11,711	255,791
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				15,847		15,847
Other comprehensive income (loss), net					(2,519)	(2,519)
Cash dividends declared on common stock				(8,794)		(8,794)
Shares issued for dividend reinvestment plan (in shares)	36,368
Shares issued for dividend reinvestment plan	$ 36		793			829
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	(67,402)
Restricted stock granted	$ 11	$ 1,308	(1,319)			0
Forfeiture of restricted stock (in shares)		5,290
Forfeiture of restricted stock		$ (102)	102			0
Stock-based compensation expense			625			625
Treasury stock purchased (in shares)		61,696
Treasury stock purchased		$ (1,531)				(1,531)
Purchase of restricted stock for tax withholding		$ (157)				(157)
Purchase of restricted stock for tax withholding (in shares)		7,659
Balance (in shares) at Jun. 30, 2021	16,030,172	72,660
Balance at Jun. 30, 2021	$ 16,030	$ (1,746)	143,817	136,756	9,276	304,133
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
Net income				7,060		7,060
Other comprehensive income (loss), net					2,317	2,317
Cash dividends declared on common stock				(4,480)		(4,480)
Shares issued for dividend reinvestment plan (in shares)	16,893
Shares issued for dividend reinvestment plan	$ 17		410			427
Restricted stock granted (in shares)		(4,000)
Restricted stock granted		$ 79	(79)			0
Forfeiture of restricted stock (in shares)		1,499
Forfeiture of restricted stock		$ (29)	29			0
Stock-based compensation expense			284			284
Treasury stock purchased (in shares)		61,696
Treasury stock purchased		$ (1,531)				(1,531)
Balance (in shares) at Jun. 30, 2021	16,030,172	72,660
Balance at Jun. 30, 2021	$ 16,030	$ (1,746)	$ 143,817	$ 136,756	$ 9,276	$ 304,133

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Retained Earnings
Common stock, dividends, per share (in dollars per share)	$ 0.28	$ 0.27	$ 0.55	$ 0.54

BASIS OF INTERIM PRESENTATION A

BASIS OF INTERIM PRESENTATION AND STATUS OF RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 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 six-month period ended June 30, 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 ASU 2020-04 are elective and apply to all entities that have contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued. The guidance includes a general principle that permits an entity to consider contract modifications due to reference rate reform to be an event that does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. Some specific optional expedients are as follows: ● Simplifies accounting for contract modifications, including modifications to loans receivable and debt, by prospectively adjusting the effective interest rate. ● Simplifies the assessment of hedge effectiveness and allows hedging relationships affected by reference rate reform to continue. The 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	6 Months Ended
BUSINESS COMBINATIONS	Jun. 30, 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 six months ended June 30, 2021. Merger-related expenses related to the acquisition of Covenant totaled $983,000 in the second quarter 2020 and $1,124,000 in the six months ended June 30, 2020. There were no merger-related expenses in the six months ended June 30, 2021.

PER SHARE DATA

PER SHARE DATA	6 Months Ended
PER SHARE DATA	Jun. 30, 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 Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 Basic Net income $ 7,060 $ 5,438 $ 15,847 $ 9,604 Less: Dividends and undistributed earnings allocated to participating securities (61) (33) (126) (54) Net income attributable to common shares $ 6,999 $ 5,405 $ 15,721 $ 9,550 Basic weighted-average common shares outstanding 15,868,150 13,710,118 15,859,236 13,697,617 Basic earnings per common share (a) $ 0.44 $ 0.39 $ 0.99 $ 0.70 Diluted Net income attributable to common shares $ 6,999 $ 5,405 $ 15,721 $ 9,550 Basic weighted-average common shares outstanding 15,868,150 13,710,118 15,859,236 13,697,617 Dilutive effect of potential common stock arising from stock options 6,833 2,269 5,922 8,116 Diluted weighted-average common shares outstanding 15,874,983 13,712,387 15,865,158 13,705,733 Diluted earnings per common share (a) $ 0.44 $ 0.39 $ 0.99 $ 0.70 Weighted-average nonvested restricted shares outstanding 136,711 88,514 127,627 77,093 (a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the consolidated statements of income, less earnings allocated to non-vested restricted shares with nonforfeitable dividends (participating securities). Anti-dilutive stock options are excluded from earnings per share calculations. There were no anti-dilutive instruments in the three-month and six month periods ended June 30, 2021. Weighted-average common shares available from anti-dilutive instruments totaled 39,012 shares in the three-month period ended June 30, 2020 and 19,506 shares in the six-month period ended June 30, 2020.

COMPREHENSIVE INCOME

COMPREHENSIVE INCOME	6 Months Ended
COMPREHENSIVE INCOME	Jun. 30, 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 June 30, 2021 Available-for-sale debt securities: Unrealized holding gains on available-for-sale debt securities $ 2,941 $ (619) $ 2,322 Reclassification adjustment for (gains) realized in income (2) 0 (2) Other comprehensive income from available-for-sale debt securities 2,939 (619) 2,320 Unfunded pension and postretirement obligations, Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (4) 1 (3) Other comprehensive loss on unfunded retirement obligations (4) 1 (3) Total other comprehensive income $ 2,935 $ (618) $ 2,317 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended June 30, 2020 Available-for-sale debt securities, Unrealized holding gains on available-for-sale debt securities $ 2,835 $ (593) $ 2,242 Unfunded pension and postretirement obligations, Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (6) 1 (5) Total other comprehensive income $ 2,829 $ (592) $ 2,237 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Six Months Ended June 30, 2021 Available-for-sale debt securities: Unrealized holding losses on available-for-sale debt securities $ (3,173) $ 666 $ (2,507) Reclassification adjustment for (gains) realized in income (2) 0 (2) Other comprehensive loss from available-for-sale debt securities (3,175) 666 (2,509) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses (5) 1 (4) Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (8) 2 (6) Other comprehensive loss on unfunded retirement obligations (13) 3 (10) Total other comprehensive loss $ (3,188) $ 669 $ (2,519) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Six Months Ended June 30, 2020 Available-for-sale debt securities, Unrealized holding gains on available-for-sale debt securities $ 10,075 $ (2,114) $ 7,961 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 (14) 3 (11) Other comprehensive income on unfunded retirement obligations 74 (15) 59 Total other comprehensive income $ 10,149 $ (2,129) $ 8,020 The amounts shown in the table immediately above are included in the following line items in the consolidated statements of income: Affected Line Item in the Description Consolidated Statements of Income Reclassification adjustment for (gains) realized in income (before-tax) Realized gains on available-for-sale debt securities, net Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (before-tax) Other noninterest expense Income tax effect Income tax provision Changes in the components of accumulated other comprehensive income are as follows and are presented net of tax: (In Thousands) Accumulated Unrealized Unfunded Other Gains Retirement Comprehensive on Securities Obligations Income Three Months Ended June 30, 2021 Balance, beginning of period $ 6,847 $ 112 $ 6,959 Other comprehensive income during three months ended June 30, 2021 2,320 (3) 2,317 Balance, end of period $ 9,167 $ 109 $ 9,276 Three Months Ended June 30, 2020 Balance, beginning of period $ 9,230 $ 244 $ 9,474 Other comprehensive income during three months ended June 30, 2020 2,242 (5) 2,237 Balance, end of period $ 11,472 $ 239 $ 11,711 (In Thousands) Unrealized Accumulated Gains Unfunded Other (Losses) Retirement Comprehensive on Securities Obligations Income (Loss) Six Months Ended June 30, 2021 Balance, beginning of period $ 11,676 $ 119 $ 11,795 Other comprehensive loss during six months ended June 30, 2021 (2,509) (10) (2,519) Balance, end of period $ 9,167 $ 109 $ 9,276 Six Months Ended June 30, 2020 Balance, beginning of period $ 3,511 $ 180 $ 3,691 Other comprehensive income during six months ended June 30, 2020 7,961 59 8,020 Balance, end of period $ 11,472 $ 239 $ 11,711

CASH AND DUE FROM BANKS

CASH AND DUE FROM BANKS	6 Months Ended
CASH AND DUE FROM BANKS	Jun. 30, 2021
CASH AND DUE FROM BANKS
CASH AND DUE FROM BANKS	5. CASH AND DUE FROM BANKS Cash and due from banks at June 30, 2021 and December 31, 2020 include the following: (In Thousands) June 30, December 31, 2021 2020 Cash and cash equivalents $ 201,020 $ 96,017 Certificates of deposit 7,840 5,840 Total cash and due from banks $ 208,860 $ 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 June 30, 2021 and December 31, 2020.

SECURITIES

SECURITIES	6 Months Ended
SECURITIES	Jun. 30, 2021
SECURITIES
SECURITIES	6. SECURITIES Amortized cost and fair value of available-for-sale debt securities at June 30, 2021 and December 31, 2020 are summarized as follows: (In Thousands) June 30, 2021 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 22,981 $ 106 $ (14) $ 23,073 Obligations of U.S. Government agencies 24,764 866 (257) 25,373 Obligations of states and political subdivisions: Tax-exempt 127,122 5,258 (70) 132,310 Taxable 58,921 1,849 (242) 60,528 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 50,397 1,039 (108) 51,328 Residential collateralized mortgage obligations 44,536 1,042 (3) 45,575 Commercial mortgage-backed securities 51,555 2,334 (195) 53,694 Total available-for-sale debt securities $ 380,276 $ 12,494 $ (889) $ 391,881 (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 June 30, 2021 and December 31, 2020: June 30, 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 $ 6,994 $ (14) $ 0 $ 0 $ 6,994 $ (14) Obligations of U.S. Government agencies 12,242 (257) 0 0 12,242 (257) Obligations of states and political subdivisions: Tax-exempt 11,127 (70) 0 0 11,127 (70) Taxable 11,957 (230) 531 (12) 12,488 (242) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 19,905 (108) 0 0 19,905 (108) Residential collateralized mortgage obligations 5,210 (3) 0 0 5,210 (3) Commercial mortgage-backed securities 7,987 (195) 0 0 7,987 (195) Total temporarily impaired available-for-sale debt securities $ 75,422 $ (877) $ 531 $ (12) $ 75,953 $ (889) 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 Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 Gross realized gains from sales $ 4 $ 0 $ 4 $ 52 Gross realized losses from sales (2) 0 (2) (52) Net realized gains $ 2 $ 0 $ 2 $ 0 The amortized cost and fair value of available-for-sale debt securities by contractual maturity are shown in the following table as of June 30, 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) June 30, 2021 Amortized Fair Cost Value Due in one year or less $ 14,515 $ 14,605 Due from one year through five years 48,413 49,640 Due from five years through ten years 55,176 57,185 Due after ten years 115,684 119,854 Sub-total 233,788 241,284 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 50,397 51,328 Residential collateralized mortgage obligations 44,536 45,575 Commercial mortgage-backed securities 51,555 53,694 Total $ 380,276 $ 391,881 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 $250,123,000 at June 30, 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 OTTI at June 30, 2021 is provided below. Debt Securities At June 30, 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 June 30, 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 $9,350,000 at June 30, 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 June 30, 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 $985,000 at June 30, 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 $15,000 at June 30, 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	6 Months Ended
LOANS	Jun. 30, 2021
LOANS
LOANS	7. LOANS The loans receivable portfolio is segmented into commercial, residential mortgage and consumer loans. Loans outstanding at June 30, 2021 and December 31, 2020 are summarized by segment, and by classes within each segment, as follows: Summary of Loans by Type (In Thousands) June 30, December 31, 2021 2020 Commercial: Commercial loans secured by real estate $ 544,202 $ 531,810 Commercial and industrial 158,907 159,577 Paycheck Protection Program - 1st Draw 37,902 132,269 Paycheck Protection Program - 2nd Draw 72,409 0 Political subdivisions 48,849 53,221 Commercial construction and land 43,178 42,874 Loans secured by farmland 10,950 11,736 Multi-family (5 or more) residential 51,916 55,811 Agricultural loans 2,379 3,164 Other commercial loans 14,711 17,289 Total commercial 985,403 1,007,751 Residential mortgage: Residential mortgage loans - first liens 507,579 532,947 Residential mortgage loans - junior liens 25,287 27,311 Home equity lines of credit 39,432 39,301 1-4 Family residential construction 23,567 20,613 Total residential mortgage 595,865 620,172 Consumer 16,588 16,286 Total 1,597,856 1,644,209 Less: allowance for loan losses (12,375) (11,385) Loans, net $ 1,585,481 $ 1,632,824 In the table above, outstanding loan balances are presented net of deferred loan origination fees, net, of $7,044,000 at June 30, 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 June 30, 2021, the recorded investment in 1st Draw PPP loans was $37,902,000, including contractual principal balances of $38,706,000, increased by a market rate adjustment on PPP loans acquired from Covenant of $50,000 and reduced by net deferred origination fees of $854,000. The recorded investment in 2nd Draw PPP loans was $72,409,000, including contractual principal balances of $75,446,000 reduced by net deferred origination fees of $3,037,000. Accretion of fees received on 1st Draw PPP loans, net of amortization of the market rate adjustment on PPP loans acquired from Covenant, was $722,000 and the accretion of fees on 2nd Draw PPP loans was $200,000 in the three-month period ended June 30, 2021. For the six-month period ended June 30, 2021, accretion of fees received on 1st Draw PPP loans, net of amortization of the market rate adjustment on PPP loans acquired from Covenant, was $2,270,000 and the accretion of fees on 2nd Draw PPP loans was $297,000. For the three-month and six-month periods ended June 30, 2020, accretion of fees on 1st draw PPP loans was $337,000. 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 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 June 30, 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 June 30, 2021, while additional deferrals have been granted on certain loans. At June 30, 2021, there were 12 loans in deferral status subject to CARES Act Section 4013 guidance with a total recorded investment of $6.7 million. Total loans in deferral status at June 30, 2021 is down from $26.0 million at March 31, 2021 and down significantly from 693 loans and $241.2 million (including 152 loans and $82.5 million reported by Covenant) at June 30, 2020. The amount of loans in deferral status has fallen over the past several quarters as the local and U.S. economy has reopened. The quantity and balances of modifications outstanding under the program and a summary of their risk ratings at June 30, 2021 are as follows: Deferrals Remaining As of June 30, 2021 (Dollars in Thousands) Number Purchased of Special Credit Loans Pass Mention Impaired Total COVID-19-related loan modifications: Commercial Accommodation and food services - hotels 1 $ 0 $ 3,094 $ 0 $ 3,094 Lessors of residential buildings and dwellings 3 113 0 1,557 1,670 Transportation and warehousing 4 1,197 0 0 1,197 Real estate rental and leasing - other 1 438 0 0 438 Total commercial 9 1,748 3,094 1,557 6,399 Residential mortgage 3 254 0 0 254 Total 12 $ 2,002 $ 3,094 $ 1,557 $ 6,653 For the loans in the table above, the deferral periods as of June 30, 2021 expire in the third quarter of 2021. The Corporation will continue to evaluate requests for additional deferrals on a case-by-case basis. 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. Subsequent to the acquisitions, the Corporation has recognized amortization and accretion of a portion of the market rate adjustments and credit adjustments on non-impaired (performing) loans, and a partial recovery of purchased credit impaired (PCI) loans. For the three-month and six-month periods ended June 30, 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 Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 Market Rate Adjustment Adjustments to gross amortized cost of loans at beginning of period $ 352 $ (1,268) $ 718 $ (1,415) (Amortization) accretion recognized in interest income (357) 165 (723) 312 Adjustments to gross amortized cost of loans at end of period $ (5) $ (1,103) $ (5) $ (1,103) Credit Adjustment on Non-impaired Loans Adjustments to gross amortized cost of loans at beginning of period $ (5,182) $ (1,011) $ (5,979) $ (1,216) Accretion recognized in interest income 680 133 1,477 338 Adjustments to gross amortized cost of loans at end of period $ (4,502) $ (878) $ (4,502) $ (878) A summary of PCI loans held at June 30, 2021 and December 31, 2020 is as follows: (In Thousands) June 30, December 31, 2021 2020 Outstanding balance $ 10,189 $ 10,316 Carrying amount 6,733 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 June 30, 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 and six-month periods ended June 30, 2021 and 2020 were as follows: Three Months Ended June 30, 2021 March 31, 2021 June 30, 2021 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,350 $ 0 $ 2 $ 100 $ 3,452 Commercial and industrial 2,187 0 0 594 2,781 Commercial construction and land 476 0 0 (24) 452 Loans secured by farmland 111 0 0 2 113 Multi-family (5 or more) residential 255 0 0 (105) 150 Agricultural loans 26 0 0 (1) 25 Other commercial loans 159 0 0 (14) 145 Total commercial 6,564 0 2 552 7,118 Residential mortgage: Residential mortgage loans - first liens 3,507 (11) 1 39 3,536 Residential mortgage loans - junior liens 334 0 0 (7) 327 Home equity lines of credit 281 0 1 12 294 1-4 Family residential construction 78 0 0 120 198 Total residential mortgage 4,200 (11) 2 164 4,355 Consumer 220 (36) 13 34 231 Unallocated 677 0 0 (6) 671 Total Allowance for Loan Losses $ 11,661 $ (47) $ 17 $ 744 $ 12,375 Three Months Ended June 30, 2020 March 31, 2020 June 30, 2020 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 1,932 $ 0 $ 0 $ 494 $ 2,426 Commercial and industrial 2,645 0 0 (149) 2,496 Commercial construction and land 970 (107) 0 (443) 420 Loans secured by farmland 144 0 0 2 146 Multi-family (5 or more) residential 199 0 0 (36) 163 Agricultural loans 39 0 0 1 40 Other commercial loans 160 0 0 7 167 Total commercial 6,089 (107) 0 (124) 5,858 Residential mortgage: Residential mortgage loans - first liens 3,572 0 1 (42) 3,531 Residential mortgage loans - junior liens 414 0 0 (49) 365 Home equity lines of credit 278 0 1 8 287 1-4 Family residential construction 119 0 0 18 137 Total residential mortgage 4,383 0 2 (65) 4,320 Consumer 273 (39) 16 13 263 Unallocated 585 0 0 0 585 Total Allowance for Loan Losses $ 11,330 $ (146) $ 18 $ (176) $ 11,026 For the three months ended June 30, 2021, the provision for loan losses was $744,000, an increase in expense of $920,000 as compared to the credit for loan losses of $176,000 for the three months ended June 30, 2020. The second quarter 2021 provision included a net charge of $383,000 related to specific loans (net increase in specific allowances on loans of $353,000 and net charge-offs of $30,000), an increase of $367,000 in the collectively determined portion of the allowance and a $6,000 decrease in the unallocated portion. The credit for loan losses in the second quarter 2020 included the benefit of repayment of a loan for less than the full principal balance, resulting in a charge-off of $107,000 on a commercial loan for which an allowance for loan losses of $674,000 had been recorded at March 31, 2020. December 31, June 30, Six Months Ended June 30, 2021 2020 Provision 2021 (In Thousands) Balance Charge-offs Recoveries (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,051 $ 0 $ 2 $ 399 $ 3,452 Commercial and industrial 2,245 0 14 522 2,781 Commercial construction and land 454 0 0 (2) 452 Loans secured by farmland 120 0 0 (7) 113 Multi-family (5 or more) residential 236 0 0 (86) 150 Agricultural loans 34 0 0 (9) 25 Other commercial loans 168 0 0 (23) 145 Total commercial 6,308 0 16 794 7,118 Residential mortgage: Residential mortgage loans - first liens 3,524 (11) 2 21 3,536 Residential mortgage loans - junior liens 349 0 0 (22) 327 Home equity lines of credit 281 0 2 11 294 1-4 Family residential construction 99 0 0 99 198 Total residential mortgage 4,253 (11) 4 109 4,355 Consumer 239 (47) 25 14 231 Unallocated 585 0 0 86 671 Total Allowance for Loan Losses $ 11,385 $ (58) $ 45 $ 1,003 $ 12,375 December 31, June 30, Six Months Ended June 30, 2020 2019 Provision 2020 (In Thousands) Balance Charge-offs Recoveries (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 1,921 $ 0 $ 0 $ 505 $ 2,426 Commercial and industrial 1,391 (17) 0 1,122 2,496 Commercial construction and land 966 (107) 0 (439) 420 Loans secured by farmland 158 0 0 (12) 146 Multi-family (5 or more) residential 156 0 0 7 163 Agricultural loans 41 0 0 (1) 40 Other commercial loans 155 0 0 12 167 Total commercial 4,788 (124) 0 1,194 5,858 Residential mortgage: Residential mortgage loans - first liens 3,405 0 2 124 3,531 Residential mortgage loans - junior liens 384 0 1 (20) 365 Home equity lines of credit 276 0 2 9 287 1-4 Family residential construction 117 0 0 20 137 Total residential mortgage 4,182 0 5 133 4,320 Consumer 281 (70) 27 25 263 Unallocated 585 0 0 0 585 Total Allowance for Loan Losses $ 9,836 $ (194) $ 32 $ 1,352 $ 11,026 For the six months ended June 30, 2021, the provision for loan losses was $1,003,000, a decrease in expense of $349,000 as compared to $1,352,000 recorded for the first six months ended June 30, 2020. The provision for the six months ended June 30, 2021, includes a net charge of $565,000 related to specific loans (increase in specific allowances on loans of $552,000 and net charge-offs of $13,000), an increase of $352,000 in the collectively determined portion of the allowance and an $86,000 increase in the unallocated portion. In comparison, the provision for loan losses in the first six months of 2020 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 June 30, 2021 and December 31, 2020: June 30, 2021 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 504,470 $ 15,967 $ 19,529 $ 0 $ 4,236 $ 544,202 Commercial and Industrial 143,810 7,585 6,731 0 781 158,907 Paycheck Protection Program - 1st Draw 37,902 0 0 0 0 37,902 Paycheck Protection Program - 2nd Draw 72,409 0 0 0 0 72,409 Political subdivisions 48,849 0 0 0 0 48,849 Commercial construction and land 42,415 715 48 0 0 43,178 Loans secured by farmland 9,735 390 825 0 0 10,950 Multi-family (5 or more) residential 47,089 2,367 882 0 1,578 51,916 Agricultural loans 1,810 0 569 0 0 2,379 Other commercial loans 14,704 7 0 0 0 14,711 Total commercial 923,193 27,031 28,584 0 6,595 985,403 Residential Mortgage: Residential mortgage loans - first liens 492,636 5,335 9,535 0 73 507,579 Residential mortgage loans - junior liens 24,485 125 612 0 65 25,287 Home equity lines of credit 38,739 59 634 0 0 39,432 1-4 Family residential construction 23,567 0 0 0 0 23,567 Total residential mortgage 579,427 5,519 10,781 0 138 595,865 Consumer 16,476 0 112 0 0 16,588 Totals $ 1,519,096 $ 32,550 $ 39,477 $ 0 $ 6,733 $ 1,597,856 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 June 30, 2021 and December 31, 2020. June 30, 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 $ 11,400 $ 532,802 $ 544,202 $ 683 $ 2,769 $ 3,452 Commercial and industrial 4,654 154,253 158,907 654 2,127 2,781 Paycheck Protection Program - 1st Draw 0 37,902 37,902 0 0 0 Paycheck Protection Program - 2nd Draw 0 72,409 72,409 0 0 0 Political subdivisions 0 48,849 48,849 0 0 0 Commercial construction and land 0 43,178 43,178 0 452 452 Loans secured by farmland 84 10,866 10,950 0 113 113 Multi-family (5 or more) residential 1,578 50,338 51,916 0 150 150 Agricultural loans 0 2,379 2,379 0 25 25 Other commercial loans 0 14,711 14,711 0 145 145 Total commercial 17,716 967,687 985,403 1,337 5,781 7,118 Residential mortgage: Residential mortgage loans - first liens 1,027 506,552 507,579 0 3,536 3,536 Residential mortgage loans - junior liens 403 24,884 25,287 140 187 327 Home equity lines of credit 0 39,432 39,432 0 294 294 1-4 Family residential construction 0 23,567 23,567 0 198 198 Total residential mortgage 1,430 594,435 595,865 140 4,215 4,355 Consumer 0 16,588 16,588 0 231 231 Unallocated 671 Total $ 19,146 $ 1,578,710 $ 1,597,856 $ 1,477 $ 10,227 $ 12,375 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 June 30, 2021 and December 31, 2020 is provided in the table immediately below. (In Thousands) June 30, 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 $ 6,667 $ 4,909 $ 0 $ 7,168 $ 5,398 $ 0 Commercial and industrial 1,636 1,235 0 1,781 1,287 0 Residential mortgage loans - first liens 736 648 0 1,248 1,248 0 Residential mortgage loans - junior liens 151 98 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 12,008 8,552 0 13,211 9,736 0 With a related allowance recorded: Commercial loans secured by real estate 6,491 6,491 683 6,501 6,501 691 Commercial and industrial 3,419 3,419 654 72 72 72 Residential mortgage loans - first liens 379 379 0 1,200 1,200 9 Residential mortgage loans - junior liens 305 305 140 309 309 153 Total with a related allowance recorded 10,594 10,594 1,477 8,082 8,082 925 Total $ 22,602 $ 19,146 $ 1,477 $ 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 $140,000 at June 30, 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 Six Months Ended Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 2021 2020 2021 2020 Commercial: Commercial loans secured by real estate $ 12,022 $ 3,771 $ 12,137 $ 2,079 $ 85 $ 12 $ 229 $ 16 Commercial and industrial 2,754 4,460 1,927 3,666 9 19 21 20 Commercial construction and land 0 678 0 993 0 1 0 13 Loans secured by farmland 84 422 84 469 0 7 1 24 Multi-family (5 or more) residential 1,578 0 1,587 0 30 0 91 0 Agricultural loans 67 76 68 76 1 2 3 2 Other commercial loans 0 25 0 37 0 0 0 1 Total commercial 16,505 9,432 15,803 7,320 125 41 345 76 Residential mortgage: Residential mortgage loans - first lien 1,717 1,398 2,084 1,315 20 35 57 43 Residential mortgage loans - junior lien 430 391 433 387 4 13 9 13 Home equity lines of credit 0

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS, NET	6 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS, NET	Jun. 30, 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) June 30, December 31, 2021 2020 Gross amount $ 6,639 $ 6,639 Accumulated amortization (3,056) (2,788) Net $ 3,583 $ 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 Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 Amortization expense $ 134 $ 62 $ 268 $ 124 Goodwill represents the excess of the cost of acquisitions over the fair value of the net assets acquired. At June 30, 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 or six-month periods ended June 30, 2021 and 2020.

BORROWED FUNDS

BORROWED FUNDS	6 Months Ended
BORROWED FUNDS	Jun. 30, 2021
BORROWED FUNDS
BORROWED FUNDS	9. BORROWED FUNDS SHORT-TERM BORROWINGS Short-term borrowings (initial maturity within one year) include the following: (In Thousands) June 30, December 31, 2021 2020 FHLB-Pittsburgh borrowings $ 0 $ 18,066 Customer repurchase agreements 2,125 1,956 Total short-term borrowings $ 2,125 $ 20,022 The Corporation had available credit with other correspondent banks totaling $45,000,000 at June 30, 2021 and December 31, 2020. These lines of credit are primarily unsecured. No amounts were outstanding at June 30, 2021 or December 31, 2020. The Corporation has a line of credit with the Federal Reserve Bank of Philadelphia’s Discount Window. At June 30, 2021, the Corporation had available credit in the amount of $14,588,000 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 $15,035,000 at June 30, 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 June 30, 2021 and December 31, 2020. The carrying value of the underlying securities was $2,150,000 at June 30, 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 $1,038,860,000 at June 30, 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 $9,350,000 at June 30, 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 June 30, 2021. The Corporation’s total credit facility with FHLB-Pittsburgh was $749,994,000 at June 30, 2021, including an unused (available) amount of $705,819,000. 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. At June 30, 2021, there were no outstanding short-term borrowings from FHLB-Pittsburgh. 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%. LONG-TERM BORROWINGS – FHLB ADVANCES Long-term borrowings from FHLB-Pittsburgh are as follows: (In Thousands) June 30, December 31, 2021 2020 Loans maturing in 2021 with a weighted-average rate of 1.17% $ 16,047 $ 26,098 Loans maturing in 2022 with a weighted-average rate of 0.60% 15,568 15,682 Loans maturing in 2023 with a weighted-average rate of 0.73% 7,172 7,224 Loans maturing in 2024 with a weighted-average rate of 0.75% 5,118 5,137 Loan maturing in 2025 with a rate of 4.91% 420 467 Total long-term FHLB-Pittsburgh borrowings $ 44,325 $ 54,608 Note: Weighted-average rates are presented as of June 30, 2021. SENIOR NOTES On May 19, 2021, the Corporation issued and sold $15.0 million in aggregate principal amount of 2.75% Fixed Rate Senior Unsecured Notes due 2026 (the "Senior Notes"). The Senior Notes mature on June 1, 2026 and bear interest at a fixed annual rate of 2.75%. The Corporation is not entitled to redeem the Senior Notes, in whole or in part, at any time and the Senior Notes are not subject to redemption by the holders. The Senior Notes are unsecured and unsubordinated obligations of the Corporation only and are not obligations of, and are not guaranteed by, any subsidiary of the Corporation. The Senior Notes were recorded, net of debt issuance costs of $337,000, at an initial carrying amount of $14,663,000. Debt issuance costs are amortized over the term of the Senior Notes as an adjustment of the effective interest rate. In the three-month and six-month periods ended June 30, 2021, amortization of debt issuance costs associated with the Senior Notes totaling $7,000 was included in interest expense in the unaudited consolidated statements of income. At June 30, 2021 and December 31, 2020, outstanding Senior Notes are as follows: (In Thousands) June 30, December 31, 2021 2020 Senior Notes with an aggregate par value of $15,000,000; bearing interest at 2.75% with an effective interest rate of 3.23%; maturing in June 2026 $ 14,670 $ 0 Total carrying value $ 14,670 $ 0 SUBORDINATED DEBT On May 19, 2021, the Corporation issued and sold $25.0 million in aggregate principal amount of 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031 (the "Subordinated Notes"). The Subordinated Notes mature on June 1, 2031 and bear interest at a fixed annual rate of 3.25%, to June 1, 2026. From June 1, 2026 to maturity or early redemption, the interest rate will reset quarterly to an interest rate per annum equal to the three-month Secured Overnight Financing Rate provided by the Federal Reserve Bank of New York plus 259 The Subordinated Notes are not subject to redemption at the option of the holders. The Subordinated Notes are unsecured, subordinated obligations of the Corporation only and are not obligations of, and are not guaranteed by, any subsidiary of the Corporation. The Subordinated Notes rank junior in right to payment to the Corporation's current and future senior indebtedness, including the Senior Notes (described above). The Subordinated Notes are intended to qualify as Tier 2 capital for regulatory capital purposes. The Subordinated Notes were recorded, net of debt issuance costs of $563,000, at an initial carrying amount of $24,437,000. Debt issuance costs are amortized through June 1, 2026 as an adjustment of the effective interest rate. In the three-month and six-month periods ended June 30, 2021, amortization of debt issuance costs associated with the Subordinated Notes totaling $13,000 was included in interest expense in the unaudited consolidated statements of income. At June 30, 2021 and December 31, 2020, the carrying amounts of subordinated debt agreements are as follows: (In Thousands) June 30, December 31, 2021 2020 Agreements with an aggregate par value of $8,000,000; bearing interest at 6.25% with an effective interest rate of 5.49%; redeemed at par in June 2021 $ 0 $ 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% with an effective interest rate of 5.60%; maturing in July 2027 and redeemable at par in July 2022 2,017 2,026 Agreements with a par value of $25,000,000; bearing interest at 3.25% with an effective interest rate of 3.74% ; maturing in June 2031 and redeemable at par in June 2026 24,450 0 Total carrying value $ 32,967 $ 16,553

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS	6 Months Ended
STOCK-BASED COMPENSATION PLANS	Jun. 30, 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 six-month period ended June 30, 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 2nd quarter 2021 awards, Time-based awards to employees 4,000 100 Total 78,391 $ 1,589 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 $1,314,000. Total stock-based compensation expense attributable to restricted stock awards amounted to $284,000 in the second quarter 2021 and $230,000 in the second quarter 2020. Total stock-based compensation expense attributable to restricted stock awards amounted to $625,000 in the six-month period ended June 30, 2021 and $424,000 in the six-month period ended June 30, 2020.

CONTINGENCIES

CONTINGENCIES	6 Months Ended
CONTINGENCIES	Jun. 30, 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. There were no losses related to trust department tax compliance matters in the second quarter 2021. Losses related to trust department tax compliance matters totaled $107,000 in the six months ended June 30, 2021, and $300,000 in the three-month and six-month periods ended June 30, 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 June 30, 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	6 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS	Jun. 30, 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 $126,716,000 at June 30, 2021 and $135,740,000 at December 31, 2020. There were no interest rate swaps originated in the six-month period ended June 30, 2021. There were no gross amounts of interest rate swap-related assets and liabilities not offset in the consolidated balance sheets at June 30, 2021. The net impact on the consolidated statements of income from interest rate swaps was a reduction in interest income on loans of $340,000 in the second quarter 2021 and $678,000 in the six months ended June 30, 2021. There were no interest rate swaps in place in the six months ended June 30, 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 June 30, 2021 and December 31, 2020: (In Thousands) At June 30, 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 $ 63,358 $ 4,468 $ 63,358 $ 4,468 $ 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 $9,109,000 were pledged as collateral against the Corporation’s liability related to the interest rate swaps at June 30, 2021.

FAIR VALUE MEASUREMENTS AND FAI

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 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 June 30, 2021 and December 31, 2020, assets and liabilities measured at fair value and the valuation methods used are as follows: June 30, 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 $ 23,073 $ 0 $ 23,073 Obligations of U.S. Government agencies 0 25,373 0 25,373 Obligations of states and political subdivisions: Tax-exempt 0 132,310 0 132,310 Taxable 0 60,528 0 60,528 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 51,328 0 51,328 Residential collateralized mortgage obligations 0 45,575 0 45,575 Commercial mortgage-backed securities 0 53,694 0 53,694 Total available-for-sale debt securities 0 391,881 0 391,881 Marketable equity security 985 0 0 985 Servicing rights 0 0 2,116 2,116 Interest rate swap agreements, assets 0 4,468 0 4,468 Total recurring fair value measurements, assets $ 985 $ 396,349 $ 2,116 $ 399,450 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 4,468 $ 0 $ 4,468 Nonrecurring fair value measurements, assets: Impaired loans with a valuation allowance $ 0 $ 0 $ 10,594 $ 10,594 Valuation allowance 0 0 (1,477) (1,477) Impaired loans, net 0 0 9,117 9,117 Foreclosed assets held for sale 0 0 1,332 1,332 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 10,449 $ 10,449 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 June 30, 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 6/30/2021 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 6/30/2021 Servicing rights $ 2,116 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 225.00 % 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 Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Servicing rights balance, beginning of period $ 1,956 $ 1,226 $ 1,689 $ 1,277 Originations of servicing rights 199 328 391 403 Unrealized (loss) gain included in earnings (39) (270) 36 (396) Servicing rights balance, end of period $ 2,116 $ 1,284 $ 2,116 $ 1,284 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 June 30, 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 6/30/2021 6/30/2021 6/30/2021 Technique Inputs 6/30/2021 Impaired loans: Commercial: Commercial loans secured by real estate $ 6,491 $ 683 $ 5,808 Sales comparison Discount to appraised value 28 % Commercial and industrial 3,347 582 2,765 Liquidation of accounts receivable and equipment Discount to borrower's financial statement value 49 % Commercial and industrial 72 72 0 Liquidation of assets Discount to appraised value 100 % Residential mortgage loans - first and junior liens 684 140 544 Sales comparison Discount to appraised value 32 % Total impaired loans $ 10,594 $ 1,477 $ 9,117 Foreclosed assets held for sale - real estate: Commercial real estate $ 1,216 $ 0 $ 1,216 Sales comparison Discount to appraised value 46 % Residential (1-4 family) 116 0 116 Sales comparison Discount to appraised value 34 % Total foreclosed assets held for sale $ 1,332 $ 0 $ 1,332 (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 June 30, 2021 December 31, 2020 Hierarchy Carrying Fair Carrying Fair Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 201,020 $ 201,020 $ 96,017 $ 96,017 Certificates of deposit Level 2 7,840 7,995 5,840 6,054 Restricted equity securities (included in Other Assets) Level 2 9,600 9,600 9,970 9,970 Loans, net Level 3 1,585,481 1,601,240 1,632,824 1,646,207 Accrued interest receivable Level 2 7,293 7,293 8,293 8,293 Interest rate swap agreements Level 2 4,468 4,468 6,566 6,566 Financial liabilities: Deposits with no stated maturity Level 2 1,596,954 1,596,954 1,430,062 1,430,062 Time deposits Level 2 319,855 321,758 390,407 393,566 Short-term borrowings Level 2 2,125 1,940 20,022 19,974 Long-term borrowings Level 2 44,325 45,022 54,608 55,723 Senior debt Level 2 14,670 15,000 0 0 Subordinated debt Level 2 32,967 33,593 16,553 16,680 Accrued interest payable Level 2 151 151 390 390 Interest rate swap agreements Level 2 4,468 4,468 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)	6 Months Ended
	Jun. 30, 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 ASU 2020-04 are elective and apply to all entities that have contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued. The guidance includes a general principle that permits an entity to consider contract modifications due to reference rate reform to be an event that does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. Some specific optional expedients are as follows: ● Simplifies accounting for contract modifications, including modifications to loans receivable and debt, by prospectively adjusting the effective interest rate. ● Simplifies the assessment of hedge effectiveness and allows hedging relationships affected by reference rate reform to continue. The 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)	6 Months Ended
PER SHARE DATA (Tables)	Jun. 30, 2021
PER SHARE DATA
Schedule of Basic and Diluted earnings per share	(In Thousands, Except Share and Per Share Data) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 Basic Net income $ 7,060 $ 5,438 $ 15,847 $ 9,604 Less: Dividends and undistributed earnings allocated to participating securities (61) (33) (126) (54) Net income attributable to common shares $ 6,999 $ 5,405 $ 15,721 $ 9,550 Basic weighted-average common shares outstanding 15,868,150 13,710,118 15,859,236 13,697,617 Basic earnings per common share (a) $ 0.44 $ 0.39 $ 0.99 $ 0.70 Diluted Net income attributable to common shares $ 6,999 $ 5,405 $ 15,721 $ 9,550 Basic weighted-average common shares outstanding 15,868,150 13,710,118 15,859,236 13,697,617 Dilutive effect of potential common stock arising from stock options 6,833 2,269 5,922 8,116 Diluted weighted-average common shares outstanding 15,874,983 13,712,387 15,865,158 13,705,733 Diluted earnings per common share (a) $ 0.44 $ 0.39 $ 0.99 $ 0.70 Weighted-average nonvested restricted shares outstanding 136,711 88,514 127,627 77,093 (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)	6 Months Ended
COMPREHENSIVE INCOME (Tables)	Jun. 30, 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 June 30, 2021 Available-for-sale debt securities: Unrealized holding gains on available-for-sale debt securities $ 2,941 $ (619) $ 2,322 Reclassification adjustment for (gains) realized in income (2) 0 (2) Other comprehensive income from available-for-sale debt securities 2,939 (619) 2,320 Unfunded pension and postretirement obligations, Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (4) 1 (3) Other comprehensive loss on unfunded retirement obligations (4) 1 (3) Total other comprehensive income $ 2,935 $ (618) $ 2,317 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Three Months Ended June 30, 2020 Available-for-sale debt securities, Unrealized holding gains on available-for-sale debt securities $ 2,835 $ (593) $ 2,242 Unfunded pension and postretirement obligations, Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (6) 1 (5) Total other comprehensive income $ 2,829 $ (592) $ 2,237 (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Six Months Ended June 30, 2021 Available-for-sale debt securities: Unrealized holding losses on available-for-sale debt securities $ (3,173) $ 666 $ (2,507) Reclassification adjustment for (gains) realized in income (2) 0 (2) Other comprehensive loss from available-for-sale debt securities (3,175) 666 (2,509) Unfunded pension and postretirement obligations: Changes from plan amendments and actuarial gains and losses (5) 1 (4) Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (8) 2 (6) Other comprehensive loss on unfunded retirement obligations (13) 3 (10) Total other comprehensive loss $ (3,188) $ 669 $ (2,519) (In Thousands) Before-Tax Income Tax Net-of-Tax Amount Effect Amount Six Months Ended June 30, 2020 Available-for-sale debt securities, Unrealized holding gains on available-for-sale debt securities $ 10,075 $ (2,114) $ 7,961 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 (14) 3 (11) Other comprehensive income on unfunded retirement obligations 74 (15) 59 Total other comprehensive income $ 10,149 $ (2,129) $ 8,020
Schedule components of other comprehensive income and affected line item in the consolidated statements of income	Affected Line Item in the Description Consolidated Statements of Income Reclassification adjustment for (gains) realized in income (before-tax) Realized gains on available-for-sale debt securities, net Amortization of prior service cost and net actuarial loss included in net periodic benefit cost (before-tax) Other noninterest expense Income tax effect Income tax provision
Schedule of changes in the components of accumulated other comprehensive income (loss)	(In Thousands) Accumulated Unrealized Unfunded Other Gains Retirement Comprehensive on Securities Obligations Income Three Months Ended June 30, 2021 Balance, beginning of period $ 6,847 $ 112 $ 6,959 Other comprehensive income during three months ended June 30, 2021 2,320 (3) 2,317 Balance, end of period $ 9,167 $ 109 $ 9,276 Three Months Ended June 30, 2020 Balance, beginning of period $ 9,230 $ 244 $ 9,474 Other comprehensive income during three months ended June 30, 2020 2,242 (5) 2,237 Balance, end of period $ 11,472 $ 239 $ 11,711 (In Thousands) Unrealized Accumulated Gains Unfunded Other (Losses) Retirement Comprehensive on Securities Obligations Income (Loss) Six Months Ended June 30, 2021 Balance, beginning of period $ 11,676 $ 119 $ 11,795 Other comprehensive loss during six months ended June 30, 2021 (2,509) (10) (2,519) Balance, end of period $ 9,167 $ 109 $ 9,276 Six Months Ended June 30, 2020 Balance, beginning of period $ 3,511 $ 180 $ 3,691 Other comprehensive income during six months ended June 30, 2020 7,961 59 8,020 Balance, end of period $ 11,472 $ 239 $ 11,711

CASH AND DUE FROM BANKS (Tables

CASH AND DUE FROM BANKS (Tables)	6 Months Ended
CASH AND DUE FROM BANKS (Tables)	Jun. 30, 2021
CASH AND DUE FROM BANKS
Schedule of cash and due from banks	(In Thousands) June 30, December 31, 2021 2020 Cash and cash equivalents $ 201,020 $ 96,017 Certificates of deposit 7,840 5,840 Total cash and due from banks $ 208,860 $ 101,857

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
SECURITIES (Tables)	Jun. 30, 2021
SECURITIES
Schedule of amortized cost and fair value of available-for-sale debt securities at	(In Thousands) June 30, 2021 Gross Gross Unrealized Unrealized Amortized Holding Holding Fair Cost Gains Losses Value Obligations of the U.S. Treasury $ 22,981 $ 106 $ (14) $ 23,073 Obligations of U.S. Government agencies 24,764 866 (257) 25,373 Obligations of states and political subdivisions: Tax-exempt 127,122 5,258 (70) 132,310 Taxable 58,921 1,849 (242) 60,528 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 50,397 1,039 (108) 51,328 Residential collateralized mortgage obligations 44,536 1,042 (3) 45,575 Commercial mortgage-backed securities 51,555 2,334 (195) 53,694 Total available-for-sale debt securities $ 380,276 $ 12,494 $ (889) $ 391,881 (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	June 30, 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 $ 6,994 $ (14) $ 0 $ 0 $ 6,994 $ (14) Obligations of U.S. Government agencies 12,242 (257) 0 0 12,242 (257) Obligations of states and political subdivisions: Tax-exempt 11,127 (70) 0 0 11,127 (70) Taxable 11,957 (230) 531 (12) 12,488 (242) Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 19,905 (108) 0 0 19,905 (108) Residential collateralized mortgage obligations 5,210 (3) 0 0 5,210 (3) Commercial mortgage-backed securities 7,987 (195) 0 0 7,987 (195) Total temporarily impaired available-for-sale debt securities $ 75,422 $ (877) $ 531 $ (12) $ 75,953 $ (889) 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 Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 Gross realized gains from sales $ 4 $ 0 $ 4 $ 52 Gross realized losses from sales (2) 0 (2) (52) Net realized gains $ 2 $ 0 $ 2 $ 0
Schedule of the amortized cost and fair value of available-for-sale debt securities by contractual maturity	(In Thousands) June 30, 2021 Amortized Fair Cost Value Due in one year or less $ 14,515 $ 14,605 Due from one year through five years 48,413 49,640 Due from five years through ten years 55,176 57,185 Due after ten years 115,684 119,854 Sub-total 233,788 241,284 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 50,397 51,328 Residential collateralized mortgage obligations 44,536 45,575 Commercial mortgage-backed securities 51,555 53,694 Total $ 380,276 $ 391,881

LOANS (Tables)

LOANS (Tables)	6 Months Ended
LOANS (Tables)	Jun. 30, 2021
LOANS
Summary of loans outstanding	Summary of Loans by Type (In Thousands) June 30, December 31, 2021 2020 Commercial: Commercial loans secured by real estate $ 544,202 $ 531,810 Commercial and industrial 158,907 159,577 Paycheck Protection Program - 1st Draw 37,902 132,269 Paycheck Protection Program - 2nd Draw 72,409 0 Political subdivisions 48,849 53,221 Commercial construction and land 43,178 42,874 Loans secured by farmland 10,950 11,736 Multi-family (5 or more) residential 51,916 55,811 Agricultural loans 2,379 3,164 Other commercial loans 14,711 17,289 Total commercial 985,403 1,007,751 Residential mortgage: Residential mortgage loans - first liens 507,579 532,947 Residential mortgage loans - junior liens 25,287 27,311 Home equity lines of credit 39,432 39,301 1-4 Family residential construction 23,567 20,613 Total residential mortgage 595,865 620,172 Consumer 16,588 16,286 Total 1,597,856 1,644,209 Less: allowance for loan losses (12,375) (11,385) Loans, net $ 1,585,481 $ 1,632,824
Schedule of quantity and balances of modification	Deferrals Remaining As of June 30, 2021 (Dollars in Thousands) Number Purchased of Special Credit Loans Pass Mention Impaired Total COVID-19-related loan modifications: Commercial Accommodation and food services - hotels 1 $ 0 $ 3,094 $ 0 $ 3,094 Lessors of residential buildings and dwellings 3 113 0 1,557 1,670 Transportation and warehousing 4 1,197 0 0 1,197 Real estate rental and leasing - other 1 438 0 0 438 Total commercial 9 1,748 3,094 1,557 6,399 Residential mortgage 3 254 0 0 254 Total 12 $ 2,002 $ 3,094 $ 1,557 $ 6,653
Schedule of adjustments to the initial market rate and credit fair value adjustments recognized	(In Thousands) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 Market Rate Adjustment Adjustments to gross amortized cost of loans at beginning of period $ 352 $ (1,268) $ 718 $ (1,415) (Amortization) accretion recognized in interest income (357) 165 (723) 312 Adjustments to gross amortized cost of loans at end of period $ (5) $ (1,103) $ (5) $ (1,103) Credit Adjustment on Non-impaired Loans Adjustments to gross amortized cost of loans at beginning of period $ (5,182) $ (1,011) $ (5,979) $ (1,216) Accretion recognized in interest income 680 133 1,477 338 Adjustments to gross amortized cost of loans at end of period $ (4,502) $ (878) $ (4,502) $ (878)
Schedule of PCI loans	(In Thousands) June 30, December 31, 2021 2020 Outstanding balance $ 10,189 $ 10,316 Carrying amount 6,733 6,841
Schedule of transactions within the allowance for loan losses	Three Months Ended June 30, 2021 March 31, 2021 June 30, 2021 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,350 $ 0 $ 2 $ 100 $ 3,452 Commercial and industrial 2,187 0 0 594 2,781 Commercial construction and land 476 0 0 (24) 452 Loans secured by farmland 111 0 0 2 113 Multi-family (5 or more) residential 255 0 0 (105) 150 Agricultural loans 26 0 0 (1) 25 Other commercial loans 159 0 0 (14) 145 Total commercial 6,564 0 2 552 7,118 Residential mortgage: Residential mortgage loans - first liens 3,507 (11) 1 39 3,536 Residential mortgage loans - junior liens 334 0 0 (7) 327 Home equity lines of credit 281 0 1 12 294 1-4 Family residential construction 78 0 0 120 198 Total residential mortgage 4,200 (11) 2 164 4,355 Consumer 220 (36) 13 34 231 Unallocated 677 0 0 (6) 671 Total Allowance for Loan Losses $ 11,661 $ (47) $ 17 $ 744 $ 12,375 Three Months Ended June 30, 2020 March 31, 2020 June 30, 2020 (In Thousands) Balance Charge-offs Recoveries Provision (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 1,932 $ 0 $ 0 $ 494 $ 2,426 Commercial and industrial 2,645 0 0 (149) 2,496 Commercial construction and land 970 (107) 0 (443) 420 Loans secured by farmland 144 0 0 2 146 Multi-family (5 or more) residential 199 0 0 (36) 163 Agricultural loans 39 0 0 1 40 Other commercial loans 160 0 0 7 167 Total commercial 6,089 (107) 0 (124) 5,858 Residential mortgage: Residential mortgage loans - first liens 3,572 0 1 (42) 3,531 Residential mortgage loans - junior liens 414 0 0 (49) 365 Home equity lines of credit 278 0 1 8 287 1-4 Family residential construction 119 0 0 18 137 Total residential mortgage 4,383 0 2 (65) 4,320 Consumer 273 (39) 16 13 263 Unallocated 585 0 0 0 585 Total Allowance for Loan Losses $ 11,330 $ (146) $ 18 $ (176) $ 11,026 December 31, June 30, Six Months Ended June 30, 2021 2020 Provision 2021 (In Thousands) Balance Charge-offs Recoveries (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 3,051 $ 0 $ 2 $ 399 $ 3,452 Commercial and industrial 2,245 0 14 522 2,781 Commercial construction and land 454 0 0 (2) 452 Loans secured by farmland 120 0 0 (7) 113 Multi-family (5 or more) residential 236 0 0 (86) 150 Agricultural loans 34 0 0 (9) 25 Other commercial loans 168 0 0 (23) 145 Total commercial 6,308 0 16 794 7,118 Residential mortgage: Residential mortgage loans - first liens 3,524 (11) 2 21 3,536 Residential mortgage loans - junior liens 349 0 0 (22) 327 Home equity lines of credit 281 0 2 11 294 1-4 Family residential construction 99 0 0 99 198 Total residential mortgage 4,253 (11) 4 109 4,355 Consumer 239 (47) 25 14 231 Unallocated 585 0 0 86 671 Total Allowance for Loan Losses $ 11,385 $ (58) $ 45 $ 1,003 $ 12,375 December 31, June 30, Six Months Ended June 30, 2020 2019 Provision 2020 (In Thousands) Balance Charge-offs Recoveries (Credit) Balance Allowance for Loan Losses: Commercial: Commercial loans secured by real estate $ 1,921 $ 0 $ 0 $ 505 $ 2,426 Commercial and industrial 1,391 (17) 0 1,122 2,496 Commercial construction and land 966 (107) 0 (439) 420 Loans secured by farmland 158 0 0 (12) 146 Multi-family (5 or more) residential 156 0 0 7 163 Agricultural loans 41 0 0 (1) 40 Other commercial loans 155 0 0 12 167 Total commercial 4,788 (124) 0 1,194 5,858 Residential mortgage: Residential mortgage loans - first liens 3,405 0 2 124 3,531 Residential mortgage loans - junior liens 384 0 1 (20) 365 Home equity lines of credit 276 0 2 9 287 1-4 Family residential construction 117 0 0 20 137 Total residential mortgage 4,182 0 5 133 4,320 Consumer 281 (70) 27 25 263 Unallocated 585 0 0 0 585 Total Allowance for Loan Losses $ 9,836 $ (194) $ 32 $ 1,352 $ 11,026
Schedule of aggregate credit quality classification of outstanding loans by risk	June 30, 2021 Purchased (In Thousands) Special Credit Pass Mention Substandard Doubtful Impaired Total Commercial: Commercial loans secured by real estate $ 504,470 $ 15,967 $ 19,529 $ 0 $ 4,236 $ 544,202 Commercial and Industrial 143,810 7,585 6,731 0 781 158,907 Paycheck Protection Program - 1st Draw 37,902 0 0 0 0 37,902 Paycheck Protection Program - 2nd Draw 72,409 0 0 0 0 72,409 Political subdivisions 48,849 0 0 0 0 48,849 Commercial construction and land 42,415 715 48 0 0 43,178 Loans secured by farmland 9,735 390 825 0 0 10,950 Multi-family (5 or more) residential 47,089 2,367 882 0 1,578 51,916 Agricultural loans 1,810 0 569 0 0 2,379 Other commercial loans 14,704 7 0 0 0 14,711 Total commercial 923,193 27,031 28,584 0 6,595 985,403 Residential Mortgage: Residential mortgage loans - first liens 492,636 5,335 9,535 0 73 507,579 Residential mortgage loans - junior liens 24,485 125 612 0 65 25,287 Home equity lines of credit 38,739 59 634 0 0 39,432 1-4 Family residential construction 23,567 0 0 0 0 23,567 Total residential mortgage 579,427 5,519 10,781 0 138 595,865 Consumer 16,476 0 112 0 0 16,588 Totals $ 1,519,096 $ 32,550 $ 39,477 $ 0 $ 6,733 $ 1,597,856 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	June 30, 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 $ 11,400 $ 532,802 $ 544,202 $ 683 $ 2,769 $ 3,452 Commercial and industrial 4,654 154,253 158,907 654 2,127 2,781 Paycheck Protection Program - 1st Draw 0 37,902 37,902 0 0 0 Paycheck Protection Program - 2nd Draw 0 72,409 72,409 0 0 0 Political subdivisions 0 48,849 48,849 0 0 0 Commercial construction and land 0 43,178 43,178 0 452 452 Loans secured by farmland 84 10,866 10,950 0 113 113 Multi-family (5 or more) residential 1,578 50,338 51,916 0 150 150 Agricultural loans 0 2,379 2,379 0 25 25 Other commercial loans 0 14,711 14,711 0 145 145 Total commercial 17,716 967,687 985,403 1,337 5,781 7,118 Residential mortgage: Residential mortgage loans - first liens 1,027 506,552 507,579 0 3,536 3,536 Residential mortgage loans - junior liens 403 24,884 25,287 140 187 327 Home equity lines of credit 0 39,432 39,432 0 294 294 1-4 Family residential construction 0 23,567 23,567 0 198 198 Total residential mortgage 1,430 594,435 595,865 140 4,215 4,355 Consumer 0 16,588 16,588 0 231 231 Unallocated 671 Total $ 19,146 $ 1,578,710 $ 1,597,856 $ 1,477 $ 10,227 $ 12,375 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) June 30, 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 $ 6,667 $ 4,909 $ 0 $ 7,168 $ 5,398 $ 0 Commercial and industrial 1,636 1,235 0 1,781 1,287 0 Residential mortgage loans - first liens 736 648 0 1,248 1,248 0 Residential mortgage loans - junior liens 151 98 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 12,008 8,552 0 13,211 9,736 0 With a related allowance recorded: Commercial loans secured by real estate 6,491 6,491 683 6,501 6,501 691 Commercial and industrial 3,419 3,419 654 72 72 72 Residential mortgage loans - first liens 379 379 0 1,200 1,200 9 Residential mortgage loans - junior liens 305 305 140 309 309 153 Total with a related allowance recorded 10,594 10,594 1,477 8,082 8,082 925 Total $ 22,602 $ 19,146 $ 1,477 $ 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 Six Months Ended Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 2021 2020 2021 2020 Commercial: Commercial loans secured by real estate $ 12,022 $ 3,771 $ 12,137 $ 2,079 $ 85 $ 12 $ 229 $ 16 Commercial and industrial 2,754 4,460 1,927 3,666 9 19 21 20 Commercial construction and land 0 678 0 993 0 1 0 13 Loans secured by farmland 84 422 84 469 0 7 1 24 Multi-family (5 or more) residential 1,578 0 1,587 0 30 0 91 0 Agricultural loans 67 76 68 76 1 2 3 2 Other commercial loans 0 25 0 37 0 0 0 1 Total commercial 16,505 9,432 15,803 7,320 125 41 345 76 Residential mortgage: Residential mortgage loans - first lien 1,717 1,398 2,084 1,315 20 35 57 43 Residential mortgage loans - junior lien 430 391 433 387 4 13 9 13 Home equity lines of credit 0 65 0 65 0 1 0 2 Total residential mortgage 2,147 1,854 2,517 1,767 24 49 66 58 Total $ 18,652 $ 11,286 $ 18,320 $ 9,087 $ 149 $ 90 $ 411 $ 134
Schedule of breakdown by portfolio segment and class of non accrual loans	(In Thousands) June 30, 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 $ 756 $ 11,300 $ 395 $ 11,550 Commercial and industrial 91 4,282 142 970 Commercial construction and land 0 48 0 49 Loans secured by farmland 188 84 188 84 Multi-family (5 or more) residential 0 1,578 0 1,614 Agricultural loans 66 0 0 0 Other commercial 0 0 71 0 Total commercial 1,101 17,292 796 14,267 Residential mortgage: Residential mortgage loans - first liens 600 4,941 838 6,387 Residential mortgage loans - junior liens 61 367 52 378 Home equity lines of credit 98 294 233 299 Total residential mortgage 759 5,602 1,123 7,064 Consumer 21 77 56 85 Totals $ 1,881 $ 22,971 $ 1,975 $ 21,416
Summary of the contractual aging of loans	(In Thousands) As of June 30, 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 $ 538,713 $ 110 $ 5,379 $ 544,202 $ 529,998 $ 66 $ 1,746 $ 531,810 Commercial and industrial 157,967 25 915 158,907 158,523 55 999 159,577 Paycheck Protection Program - 1st Draw 37,902 0 0 37,902 132,269 0 0 132,269 Paycheck Protection Program - 2nd Draw 72,409 0 0 72,409 0 0 0 0 Political subdivisions 48,849 0 0 48,849 53,221 0 0 53,221 Commercial construction and land 42,649 529 0 43,178 42,590 284 0 42,874 Loans secured by farmland 10,647 31 272 10,950 11,419 95 222 11,736 Multi-family (5 or more) residential 51,916 0 0 51,916 53,860 1,951 0 55,811 Agricultural loans 2,313 0 66 2,379 3,091 2 71 3,164 Other commercial loans 14,711 0 0 14,711 17,289 0 0 17,289 Total commercial 978,076 695 6,632 985,403 1,002,260 2,453 3,038 1,007,751 Residential mortgage: Residential mortgage loans - first liens 502,311 3,143 2,125 507,579 523,191 5,703 4,053 532,947 Residential mortgage loans - junior liens 25,138 32 117 25,287 27,009 111 191 27,311 Home equity lines of credit 39,010 280 142 39,432 38,919 101 281 39,301 1-4 Family residential construction 23,567 0 0 23,567 20,457 156 0 20,613 Total residential mortgage 590,026 3,455 2,384 595,865 609,576 6,071 4,525 620,172 Consumer 16,433 57 98 16,588 16,063 83 140 16,286 Totals $ 1,584,535 $ 4,207 $ 9,114 $ 1,597,856 $ 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 June 30, 2021 Nonaccrual Totals $ 14,009 $ 1,729 $ 7,233 $ 22,971 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 June 30, 2021 Totals $ 174 $ 25 $ 160 $ 5,464 $ 5,823 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) Six Months Ended Six Months Ended June 30, 2021 June 30, 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) June 30, December 31, 2021 2020 Foreclosed residential real estate $ 116 $ 80
Schedule of mortgage loans secured by residential real properties	(In Thousands) June 30, December 31, 2021 2020 Residential real estate in process of foreclosure $ 1,684 $ 1,246
Troubled Debt Restructuring
LOANS
Summary of troubled debt restructurings	(Balances in Thousands) Three Months Ended Three Months Ended June 30, 2021 June 30, 2020 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens, Reduced monthly payments for a fifteen-month period 1 $ 116 0 $ 0 Commercial and industrial, Interest only payments for a nine-month period 0 0 1 240 Total 1 $ 116 1 $ 240 (Balances in Thousands) Six Months Ended Six Months Ended June 30, 2021 June 30, 2020 Post- Post- Number Modification Number Modification of Recorded of Recorded Loans Investment Loans Investment Residential mortgage - first liens: Reduced monthly payments and extended maturity date 1 $ 12 0 $ 0 Reduced monthly payments for a fifteen-month period 1 116 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 Home equity lines of credit, Reduced monthly payments and extended maturity date 1 24 0 0 Commercial and industrial, Interest only payments for a nine-month period 0 0 1 240 Total 3 $ 152 2 $ 270

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)	6 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)	Jun. 30, 2021
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Schedule of core deposit intangibles	(In Thousands) June 30, December 31, 2021 2020 Gross amount $ 6,639 $ 6,639 Accumulated amortization (3,056) (2,788) Net $ 3,583 $ 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 Six Months Ended June 30, June 30, June 30, June 30, 2021 2020 2021 2020 Amortization expense $ 134 $ 62 $ 268 $ 124

BORROWED FUNDS (Tables)

BORROWED FUNDS (Tables)	6 Months Ended
BORROWED FUNDS (Tables)	Jun. 30, 2021
BORROWED FUNDS
Schedule of short term borrowings	(In Thousands) June 30, December 31, 2021 2020 FHLB-Pittsburgh borrowings $ 0 $ 18,066 Customer repurchase agreements 2,125 1,956 Total short-term borrowings $ 2,125 $ 20,022
Schedule of long term borrowings	(In Thousands) June 30, December 31, 2021 2020 Loans maturing in 2021 with a weighted-average rate of 1.17% $ 16,047 $ 26,098 Loans maturing in 2022 with a weighted-average rate of 0.60% 15,568 15,682 Loans maturing in 2023 with a weighted-average rate of 0.73% 7,172 7,224 Loans maturing in 2024 with a weighted-average rate of 0.75% 5,118 5,137 Loan maturing in 2025 with a rate of 4.91% 420 467 Total long-term FHLB-Pittsburgh borrowings $ 44,325 $ 54,608
Schedule of outstanding senior notes	(In Thousands) June 30, December 31, 2021 2020 Senior Notes with an aggregate par value of $15,000,000; bearing interest at 2.75% with an effective interest rate of 3.23%; maturing in June 2026 $ 14,670 $ 0 Total carrying value $ 14,670 $ 0
Schedule of outstanding subordinated debt	(In Thousands) June 30, December 31, 2021 2020 Agreements with an aggregate par value of $8,000,000; bearing interest at 6.25% with an effective interest rate of 5.49%; redeemed at par in June 2021 $ 0 $ 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% with an effective interest rate of 5.60%; maturing in July 2027 and redeemable at par in July 2022 2,017 2,026 Agreements with a par value of $25,000,000; bearing interest at 3.25% with an effective interest rate of 3.74% ; maturing in June 2031 and redeemable at par in June 2026 24,450 0 Total carrying value $ 32,967 $ 16,553

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS (Tables)	6 Months Ended
STOCK-BASED COMPENSATION PLANS (Tables)	Jun. 30, 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 2nd quarter 2021 awards, Time-based awards to employees 4,000 100 Total 78,391 $ 1,589

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	Jun. 30, 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 June 30, 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 $ 63,358 $ 4,468 $ 63,358 $ 4,468 $ 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.

FAIR VALUE MEASUREMENTS AND F_2

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2021
FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS
Schedule of assets measured at fair value and the valuation methods used	June 30, 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 $ 23,073 $ 0 $ 23,073 Obligations of U.S. Government agencies 0 25,373 0 25,373 Obligations of states and political subdivisions: Tax-exempt 0 132,310 0 132,310 Taxable 0 60,528 0 60,528 Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: Residential pass-through securities 0 51,328 0 51,328 Residential collateralized mortgage obligations 0 45,575 0 45,575 Commercial mortgage-backed securities 0 53,694 0 53,694 Total available-for-sale debt securities 0 391,881 0 391,881 Marketable equity security 985 0 0 985 Servicing rights 0 0 2,116 2,116 Interest rate swap agreements, assets 0 4,468 0 4,468 Total recurring fair value measurements, assets $ 985 $ 396,349 $ 2,116 $ 399,450 Recurring fair value measurements, liabilities, Interest rate swap agreements, liabilities $ 0 $ 4,468 $ 0 $ 4,468 Nonrecurring fair value measurements, assets: Impaired loans with a valuation allowance $ 0 $ 0 $ 10,594 $ 10,594 Valuation allowance 0 0 (1,477) (1,477) Impaired loans, net 0 0 9,117 9,117 Foreclosed assets held for sale 0 0 1,332 1,332 Total nonrecurring fair value measurements, assets $ 0 $ 0 $ 10,449 $ 10,449 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 Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Servicing rights balance, beginning of period $ 1,956 $ 1,226 $ 1,689 $ 1,277 Originations of servicing rights 199 328 391 403 Unrealized (loss) gain included in earnings (39) (270) 36 (396) Servicing rights balance, end of period $ 2,116 $ 1,284 $ 2,116 $ 1,284
Schedule of estimated fair values, and carrying amounts of financial instruments not recorded at fair value	(In Thousands) Fair Value June 30, 2021 December 31, 2020 Hierarchy Carrying Fair Carrying Fair Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 201,020 $ 201,020 $ 96,017 $ 96,017 Certificates of deposit Level 2 7,840 7,995 5,840 6,054 Restricted equity securities (included in Other Assets) Level 2 9,600 9,600 9,970 9,970 Loans, net Level 3 1,585,481 1,601,240 1,632,824 1,646,207 Accrued interest receivable Level 2 7,293 7,293 8,293 8,293 Interest rate swap agreements Level 2 4,468 4,468 6,566 6,566 Financial liabilities: Deposits with no stated maturity Level 2 1,596,954 1,596,954 1,430,062 1,430,062 Time deposits Level 2 319,855 321,758 390,407 393,566 Short-term borrowings Level 2 2,125 1,940 20,022 19,974 Long-term borrowings Level 2 44,325 45,022 54,608 55,723 Senior debt Level 2 14,670 15,000 0 0 Subordinated debt Level 2 32,967 33,593 16,553 16,680 Accrued interest payable Level 2 151 151 390 390 Interest rate swap agreements Level 2 4,468 4,468 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 6/30/2021 Valuation Unobservable Method or Value As of Asset (In Thousands) Technique Input(s) 6/30/2021 Servicing rights $ 2,116 Discounted cash flow Discount rate 13.00 % Rate used through modeling period Loan prepayment speeds 225.00 % 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 6/30/2021 6/30/2021 6/30/2021 Technique Inputs 6/30/2021 Impaired loans: Commercial: Commercial loans secured by real estate $ 6,491 $ 683 $ 5,808 Sales comparison Discount to appraised value 28 % Commercial and industrial 3,347 582 2,765 Liquidation of accounts receivable and equipment Discount to borrower's financial statement value 49 % Commercial and industrial 72 72 0 Liquidation of assets Discount to appraised value 100 % Residential mortgage loans - first and junior liens 684 140 544 Sales comparison Discount to appraised value 32 % Total impaired loans $ 10,594 $ 1,477 $ 9,117 Foreclosed assets held for sale - real estate: Commercial real estate $ 1,216 $ 0 $ 1,216 Sales comparison Discount to appraised value 46 % Residential (1-4 family) 116 0 116 Sales comparison Discount to appraised value 34 % Total foreclosed assets held for sale $ 1,332 $ 0 $ 1,332 (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 ($)	Jul. 01, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
BUSINESS COMBINATIONS
Goodwill		$ 52,505,000		$ 52,505,000		$ 52,505,000
Merger-related expenses		$ 0	$ 983,000	0	$ 1,124,000
Covenant Financial Inc.
BUSINESS COMBINATIONS
Goodwill	$ 24,100,000
Loans	464,200,000
Deposits	481,800,000
Borrowings	64,000,000
Subordinated debt	10,100,000
Available-for-sale debt securities	10,800,000
Bank owned life insurance	$ 11,200,000
Refinement term of assets and liabilities	1 year
Merger-related expenses			$ 983,000	$ 0	$ 1,124,000
Covenant Financial Inc. \| Core Deposits
BUSINESS COMBINATIONS
Core deposit intangible asset	$ 3,100,000

PER SHARE DATA (Details)

PER SHARE DATA (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Basic
Net income	$ 7,060	$ 5,438	$ 15,847	$ 9,604
Less: Dividends and undistributed earnings allocated to participating securities	(61)	(33)	(126)	(54)
Net income attributable to common shares	$ 6,999	$ 5,405	$ 15,721	$ 9,550
Basic weighted-average common shares outstanding (in shares)	15,868,150	13,710,118	15,859,236	13,697,617
Basic earnings per common share (in dollars per share)	$ 0.44	$ 0.39	$ 0.99	$ 0.70
Diluted
Net income attributable to common shares	$ 6,999	$ 5,405	$ 15,721	$ 9,550
Basic weighted-average common shares outstanding (in shares)	15,868,150	13,710,118	15,859,236	13,697,617
Dilutive effect of potential common stock arising from stock options (in shares)	6,833	2,269	5,922	8,116
Diluted weighted-average common shares outstanding (in shares)	15,874,983	13,712,387	15,865,158	13,705,733
Diluted earnings per common share (in dollars per share)	$ 0.44	$ 0.39	$ 0.99	$ 0.70
Weighted-average nonvested restricted shares outstanding (in shares)	136,711	88,514	127,627	77,093
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	39,012	0	19,506

COMPREHENSIVE INCOME - Componen

COMPREHENSIVE INCOME - Components (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
COMPREHENSIVE INCOME
Unrealized holding income (losses) on available-for-sale debt securities	$ 2,941	$ 2,835	$ (3,173)	$ 10,075
Unrealized holding income (losses) on available-for-sale debt securities, Income Tax Effect	(619)	(593)	666	(2,114)
Unrealized holding income (losses) on available-for-sale debt securities, Net of Tax Amount	2,322	2,242	(2,507)	7,961
Reclassification adjustment for gains realized in income, Before-Tax Amount	(2)	0	(2)	0
Reclassification adjustment for (gains) realized in income, Income Tax Effect	0		0
Reclassification adjustment for (gains) realized in income. Net of Tax Amount	(2)		(2)
Unrealized holding gains on available-for-sale debt securities, Before-Tax Amount	2,939	2,835	(3,175)	10,075
Other comprehensive income on available-for-sale debt securities, income tax effect	(619)		666
Unrealized holding gains on available-for-sale debt securities, Net-of-Tax Amount	2,320		(2,509)
Changes from plan amendments and actuarial gains and losses, Before-Tax Amount	0	0	(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)	(6)	(8)	(14)
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost, Income Tax Effect	1	1	2	3
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost, Net-of-Tax Amount	(3)	(5)	(6)	(11)
Other comprehensive (loss) income on unfunded retirement obligations	(4)	(6)	(13)	74
Other comprehensive income (loss) on unfunded retirement obligations, Income Tax Effect	1		3	(15)
Other comprehensive income (loss) on unfunded retirement obligations, Net-of-Tax Amount	(3)		(10)	59
Other comprehensive income (loss) before income tax	2,935	2,829	(3,188)	10,149
Total other comprehensive income (loss), Income Tax Effect	(618)	(592)	669	(2,129)
Total other comprehensive income (loss)	$ 2,317	$ 2,237	$ (2,519)	$ 8,020

COMPREHENSIVE INCOME - Changes

COMPREHENSIVE INCOME - Changes of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Balance	$ 300,056	$ 251,228	$ 299,756	$ 244,452
Other comprehensive income (loss) during year	2,317	2,237	(2,519)	8,020
Balance	304,133	255,791	304,133	255,791
Unrealized Gains (Losses) on Securities
Balance	6,847	9,230	11,676	3,511
Other comprehensive income (loss) during year	2,320	2,242	(2,509)	7,961
Balance	9,167	11,472	9,167	11,472
Unfunded Retirement Obligations
Balance	112	244	119	180
Other comprehensive income (loss) during year	(3)	(5)	(10)	59
Balance	109	239	109	239
Accumulated Other Comprehensive Income (Loss)
Balance	6,959	9,474	11,795	3,691
Other comprehensive income (loss) during year	2,317	2,237	(2,519)	8,020
Balance	$ 9,276	$ 11,711	$ 9,276	$ 11,711

CASH AND DUE FROM BANKS (Detail

CASH AND DUE FROM BANKS (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
CASH AND DUE FROM BANKS
Cash and cash equivalents	$ 201,020,000	$ 96,017,000
Certificates of deposit	7,840,000	5,840,000
Total cash and due from banks	208,860,000	101,857,000
Cash Reserve Deposit Required and Made	$ 0	$ 0

SECURITIES - Available-for-sale

SECURITIES - Available-for-sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Available-for-sale Securities
Available-for-sale securities, amortized cost	$ 380,276	$ 334,552
Available-for-sale securities, gross unrealized holding gains	12,494	14,849
Available-for-sale securities, gross unrealized holding losses	(889)	(69)
Total, fair value	391,881	349,332
Obligations of the U.S. Treasury
Available-for-sale Securities
Available-for-sale securities, amortized cost	22,981	12,184
Available-for-sale securities, gross unrealized holding gains	106	0
Available-for-sale securities, gross unrealized holding losses	(14)	(2)
Total, fair value	23,073	12,182
Obligations of U.S. Government agencies
Available-for-sale Securities
Available-for-sale securities, amortized cost	24,764	25,349
Available-for-sale securities, gross unrealized holding gains	866	1,003
Available-for-sale securities, gross unrealized holding losses	(257)	(8)
Total, fair value	25,373	26,344
Obligations Of States And Political Subdivisions Tax Exempt
Available-for-sale Securities
Available-for-sale securities, amortized cost	127,122	116,427
Available-for-sale securities, gross unrealized holding gains	5,258	6,000
Available-for-sale securities, gross unrealized holding losses	(70)	(26)
Total, fair value	132,310	122,401
Obligations Of States And Political Subdivisions Taxable
Available-for-sale Securities
Available-for-sale securities, amortized cost	58,921	45,230
Available-for-sale securities, gross unrealized holding gains	1,849	2,246
Available-for-sale securities, gross unrealized holding losses	(242)	(24)
Total, fair value	60,528	47,452
Residential Passthrough Securities
Available-for-sale Securities
Available-for-sale securities, amortized cost	50,397	36,853
Available-for-sale securities, gross unrealized holding gains	1,039	1,323
Available-for-sale securities, gross unrealized holding losses	(108)	0
Total, fair value	51,328	38,176
Residential Collateralized Mortgage Obligations
Available-for-sale Securities
Available-for-sale securities, amortized cost	44,536	56,048
Available-for-sale securities, gross unrealized holding gains	1,042	1,428
Available-for-sale securities, gross unrealized holding losses	(3)	(9)
Total, fair value	45,575	57,467
Commercial Mortgage Backed Securities
Available-for-sale Securities
Available-for-sale securities, amortized cost	51,555	42,461
Available-for-sale securities, gross unrealized holding gains	2,334	2,849
Available-for-sale securities, gross unrealized holding losses	(195)	0
Total, fair value	$ 53,694	$ 45,310

SECURITIES - Available-for-sa_2

SECURITIES - Available-for-sale Securities With Unrealized Loss Positions (Details) - USD ($) $ in Thousands	Jun. 30, 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	$ 75,422	$ 26,058
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(877)	(69)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	531	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(12)	0
Available-for-sale securities with unrealized loss positions, fair value	75,953	26,058
Available-for-sale securities, with unrealized loss positions, unrealized losses	(889)	(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	6,994	9,159
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(14)	(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	6,994	9,159
Available-for-sale securities, with unrealized loss positions, unrealized losses	(14)	(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	12,242	4,992
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(257)	(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	12,242	4,992
Available-for-sale securities, with unrealized loss positions, unrealized losses	(257)	(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	11,127	3,811
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(70)	(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	11,127	3,811
Available-for-sale securities, with unrealized loss positions, unrealized losses	(70)	(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	11,957	5,235
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(230)	(24)
Available-for-sale securities with unrealized loss positions, 12 months or more, fair value	531	0
Available-for-sale securities with unrealized loss positions, 12 months or more, unrealized losses	(12)	0
Available-for-sale securities with unrealized loss positions, fair value	12,488	5,235
Available-for-sale securities, with unrealized loss positions, unrealized losses	(242)	(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	19,905
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(108)
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	19,905
Available-for-sale securities, with unrealized loss positions, unrealized losses	(108)
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	5,210	2,861
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(3)	(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	5,210	2,861
Available-for-sale securities, with unrealized loss positions, unrealized losses	(3)	$ (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	7,987
Available-for-sale securities with unrealized loss positions, less than 12 months, unrealized losses	(195)
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	7,987
Available-for-sale securities, with unrealized loss positions, unrealized losses	$ (195)

SECURITIES - Gross Realized Gai

SECURITIES - Gross Realized Gains and Losses From Available-for-sale Debt Securities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
SECURITIES
Gross realized gains from sales	$ 4	$ 0	$ 4	$ 52
Gross realized losses from sales	(2)	0	(2)	(52)
Net realized gains	$ 2	$ 0	$ 2	$ 0

SECURITIES - Available-for-sa_3

SECURITIES - Available-for-sale Debt Securities by Contractual Maturity (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Available-for-sale Securities
Due in one year or less, amortized cost	$ 14,515,000
Due in one year or less, fair value	14,605,000
Due from one year through five years. amortized cost	48,413,000
Due from one year through five years, fair value	49,640,000
Due from five years through ten years, amortized cost	55,176,000
Due from five years through ten years, fair value	57,185,000
Due after ten years, amortized cost	115,684,000
Due after ten years, fair value	119,854,000
Sub-total, amortized cost	233,788,000
Sub-total, fair value	241,284,000
Total, amortized cost	380,276,000	$ 334,552,000
Total, fair value	391,881,000	349,332,000
Investment Securities [Member]
Available-for-sale Securities
Investment pledged as collateral	250,123,000	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	50,397,000
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value	51,328,000
Total, amortized cost	50,397,000	36,853,000
Total, fair value	51,328,000	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	44,536,000
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value	45,575,000
Total, amortized cost	44,536,000	56,048,000
Total, fair value	45,575,000	$ 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	51,555,000
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies, fair value	$ 53,694,000

SECURITIES - Equity Securities

SECURITIES - Equity Securities (Details)	Jun. 30, 2021USD ($)security	Dec. 31, 2020USD ($)security
Mutual Fund
Equity Securities
Number of mutual funds \| security	1	1
Unrealized gain/loss on the mutual fund	$ 15,000	$ 0
Other Assets
Equity Securities
Marketable equity security	985,000	1,000,000
Other Assets \| Federal Home Loan Bank of Pittsburgh
Equity Securities
Federal Home Loan Bank Stock	$ 9,350,000	$ 9,720,000

LOANS (Details)

LOANS (Details) - USD ($)	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
LOANS
Loans receivable	$ 1,597,856,000		$ 1,644,209,000
Allowance for loan losses	(12,375,000)	$ (11,661,000)	(11,385,000)	$ (11,026,000)	$ (11,330,000)	$ (9,836,000)
Loans, net	1,585,481,000		1,632,824,000
Commercial
LOANS
Loans receivable	985,403,000		1,007,751,000
Allowance for loan losses	(7,118,000)	(6,564,000)	(6,308,000)	(5,858,000)	(6,089,000)	(4,788,000)
Commercial \| Real estate loan
LOANS
Loans receivable	544,202,000		531,810,000
Allowance for loan losses	(3,452,000)	(3,350,000)	(3,051,000)	(2,426,000)	(1,932,000)	(1,921,000)
Commercial \| Commercial and industrial
LOANS
Loans receivable	158,907,000		159,577,000
Allowance for loan losses	(2,781,000)	(2,187,000)	(2,245,000)	(2,496,000)	(2,645,000)	(1,391,000)
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	37,902,000		132,269,000
Allowance for loan losses	0		0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	72,409,000		0
Allowance for loan losses	0
Commercial \| Political subdivisions
LOANS
Loans receivable	48,849,000		53,221,000
Allowance for loan losses	0		0
Commercial \| Construction Loans
LOANS
Loans receivable	43,178,000		42,874,000
Allowance for loan losses	(452,000)		(454,000)		(674,000)
Commercial \| Commercial Construction And Land
LOANS
Allowance for loan losses	(452,000)	(476,000)	(454,000)	(420,000)	(970,000)	(966,000)
Commercial \| Loans secured by farm land
LOANS
Loans receivable	10,950,000		11,736,000
Allowance for loan losses	(113,000)	(111,000)	(120,000)	(146,000)	(144,000)	(158,000)
Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	51,916,000		55,811,000
Allowance for loan losses	(150,000)	(255,000)	(236,000)	(163,000)	(199,000)	(156,000)
Commercial \| Agricultural loans
LOANS
Loans receivable	2,379,000		3,164,000
Allowance for loan losses	(25,000)	(26,000)	(34,000)	(40,000)	(39,000)	(41,000)
Commercial \| Other commercial loans
LOANS
Loans receivable	14,711,000		17,289,000
Allowance for loan losses	(145,000)	(159,000)	(168,000)	(167,000)	(160,000)	(155,000)
Residential mortgage
LOANS
Loans receivable	595,865,000		620,172,000
Allowance for loan losses	(4,355,000)	(4,200,000)	(4,253,000)	(4,320,000)	(4,383,000)	(4,182,000)
Residential mortgage \| first liens
LOANS
Allowance for loan losses	(3,536,000)		(3,524,000)	(3,531,000)		(3,405,000)
Residential mortgage \| junior liens
LOANS
Allowance for loan losses	(327,000)		(349,000)	(365,000)		(384,000)
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	507,579,000		532,947,000
Allowance for loan losses	(3,536,000)	(3,507,000)	(3,524,000)	(3,531,000)	(3,572,000)
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	25,287,000		27,311,000
Allowance for loan losses	(327,000)	(334,000)	(349,000)	(365,000)	(414,000)
Residential mortgage \| Construction Loans
LOANS
Loans receivable	23,567,000		20,613,000
Allowance for loan losses	(198,000)		(99,000)
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	39,432,000		39,301,000
Allowance for loan losses	(294,000)	(281,000)	(281,000)	(287,000)	(278,000)	(276,000)
Consumer
LOANS
Loans receivable	16,588,000		16,286,000
Allowance for loan losses	$ (231,000)	$ (220,000)	$ (239,000)	$ (263,000)	$ (273,000)	$ (281,000)

LOANS - Loans Modified Under Co

LOANS - Loans Modified Under Covid-19 Program (Details) - COVID-19-related loan modifications $ in Thousands	Jun. 30, 2021USD ($)loan
LOANS
Loans Modified, Number of Loans \| loan	12
Loans Modified, Recorded Investment	$ 6,653
Commercial
LOANS
Loans Modified, Number of Loans \| loan	9
Loans Modified, Recorded Investment	$ 6,399
Commercial \| Accommodation and food services - hotels
LOANS
Loans Modified, Number of Loans \| loan	1
Loans Modified, Recorded Investment	$ 3,094
Commercial \| Lessors of residential buildings and dwellings
LOANS
Loans Modified, Number of Loans \| loan	3
Loans Modified, Recorded Investment	$ 1,670
Commercial \| Transportation and warehousing
LOANS
Loans Modified, Number of Loans \| loan	4
Loans Modified, Recorded Investment	$ 1,197
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	3
Loans Modified, Recorded Investment	$ 254
Pass
LOANS
Loans Modified, Recorded Investment	2,002
Pass \| Commercial
LOANS
Loans Modified, Recorded Investment	1,748
Pass \| Commercial \| Accommodation and food services - hotels
LOANS
Loans Modified, Recorded Investment	0
Pass \| Commercial \| Lessors of residential buildings and dwellings
LOANS
Loans Modified, Recorded Investment	113
Pass \| Commercial \| Transportation and warehousing
LOANS
Loans Modified, Recorded Investment	1,197
Pass \| Commercial \| Real estate rental and leasing - other
LOANS
Loans Modified, Recorded Investment	438
Pass \| Residential mortgage
LOANS
Loans Modified, Recorded Investment	254
Special Mention
LOANS
Loans Modified, Recorded Investment	3,094
Special Mention \| Commercial
LOANS
Loans Modified, Recorded Investment	3,094
Special Mention \| Commercial \| Accommodation and food services - hotels
LOANS
Loans Modified, Recorded Investment	3,094
Special Mention \| Commercial \| Lessors of residential buildings and dwellings
LOANS
Loans Modified, Recorded Investment	0
Special Mention \| Commercial \| Transportation and warehousing
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
Purchased Credit Impaired
LOANS
Loans Modified, Recorded Investment	1,557
Purchased Credit Impaired \| Commercial
LOANS
Loans Modified, Recorded Investment	1,557
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 \| Transportation and warehousing
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

LOANS - Adjustments to Initial

LOANS - Adjustments to Initial Discounts and Carrying Amounts of Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Market Rate Adjustment
LOANS
Adjustments to gross amortized cost of loans, Beginning balance	$ 352	$ (1,268)	$ 718	$ (1,415)
(Amortization) accretion recognized in interest income	(357)	165	(723)	312
Adjustments to gross amortized cost of loans, Ending balance	(5)	(1,103)	(5)	(1,103)
Credit Adjustment on Non-impaired Loans
LOANS
Adjustments to gross amortized cost of loans, Beginning balance	(5,182)	(1,011)	(5,979)	(1,216)
(Amortization) accretion recognized in interest income	680	133	1,477	338
Adjustments to gross amortized cost of loans, Ending balance	$ (4,502)	$ (878)	$ (4,502)	$ (878)

LOANS - Summary of PCI Loans He

LOANS - Summary of PCI Loans Held (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
LOANS
Outstanding balance	$ 10,189	$ 10,316
Carrying amount	$ 6,733	$ 6,841

LOANS - Allowance for Loan Loss

LOANS - Allowance for Loan Losses (Details) - USD ($)	3 Months Ended			6 Months Ended
LOANS - Allowance for Loan Losses (Details) - USD ($)	Jun. 30, 2021	Sep. 30, 2020	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
LOANS
Allowance for Loan losses	$ 11,661,000	$ 11,026,000	$ 11,330,000	$ 11,385,000	$ 9,836,000
Allowance for Loan losses, Charge-offs	(47,000)		(146,000)	(58,000)	(194,000)
Allowance for Loan losses, Recoveries	17,000		18,000	45,000	32,000
Allowance for Loan losses, Provision (Credit)	744,000		(176,000)	1,003,000	1,352,000
Allowance for Loan losses	12,375,000		11,026,000	12,375,000	11,026,000
Commercial
LOANS
Allowance for Loan losses	6,564,000	5,858,000	6,089,000	6,308,000	4,788,000
Allowance for Loan losses, Charge-offs	0		(107,000)	0	(124,000)
Allowance for Loan losses, Recoveries	2,000		0	16,000	0
Allowance for Loan losses, Provision (Credit)	552,000		(124,000)	794,000	1,194,000
Allowance for Loan losses	7,118,000		5,858,000	7,118,000	5,858,000
Commercial \| Real estate loan
LOANS
Allowance for Loan losses	3,350,000	2,426,000	1,932,000	3,051,000	1,921,000
Allowance for Loan losses, Charge-offs	0		0	0	0
Allowance for Loan losses, Recoveries	2,000		0	2,000	0
Allowance for Loan losses, Provision (Credit)	100,000		494,000	399,000	505,000
Allowance for Loan losses	3,452,000		2,426,000	3,452,000	2,426,000
Commercial \| Commercial and industrial
LOANS
Allowance for Loan losses	2,187,000	2,496,000	2,645,000	2,245,000	1,391,000
Allowance for Loan losses, Charge-offs	0		0	0	(17,000)
Allowance for Loan losses, Recoveries	0		0	14,000	0
Allowance for Loan losses, Provision (Credit)	594,000		(149,000)	522,000	1,122,000
Allowance for Loan losses	2,781,000		2,496,000	2,781,000	2,496,000
Commercial \| Construction Loans
LOANS
Allowance for Loan losses			674,000	454,000
Allowance for Loan losses, Charge-offs			(107,000)
Allowance for Loan losses, Provision (Credit)		2,219,000
Allowance for Loan losses	452,000			452,000
Commercial \| Commercial Construction And Land
LOANS
Allowance for Loan losses	476,000	420,000	970,000	454,000	966,000
Allowance for Loan losses, Charge-offs	0		(107,000)	0	(107,000)
Allowance for Loan losses, Recoveries	0		0	0	0
Allowance for Loan losses, Provision (Credit)	(24,000)		(443,000)	(2,000)	(439,000)
Allowance for Loan losses	452,000		420,000	452,000	420,000
Commercial \| Loans secured by farm land
LOANS
Allowance for Loan losses	111,000	146,000	144,000	120,000	158,000
Allowance for Loan losses, Charge-offs	0		0	0	0
Allowance for Loan losses, Recoveries	0		0	0	0
Allowance for Loan losses, Provision (Credit)	2,000		2,000	(7,000)	(12,000)
Allowance for Loan losses	113,000		146,000	113,000	146,000
Commercial \| Multi-family (5 or more) residential
LOANS
Allowance for Loan losses	255,000	163,000	199,000	236,000	156,000
Allowance for Loan losses, Charge-offs	0		0	0	0
Allowance for Loan losses, Recoveries	0		0	0	0
Allowance for Loan losses, Provision (Credit)	(105,000)		(36,000)	(86,000)	7,000
Allowance for Loan losses	150,000		163,000	150,000	163,000
Commercial \| Agricultural loans
LOANS
Allowance for Loan losses	26,000	40,000	39,000	34,000	41,000
Allowance for Loan losses, Charge-offs	0		0	0	0
Allowance for Loan losses, Recoveries	0		0	0	0
Allowance for Loan losses, Provision (Credit)	(1,000)		1,000	(9,000)	(1,000)
Allowance for Loan losses	25,000		40,000	25,000	40,000
Commercial \| Other commercial loans
LOANS
Allowance for Loan losses	159,000	167,000	160,000	168,000	155,000
Allowance for Loan losses, Charge-offs	0		0	0	0
Allowance for Loan losses, Recoveries	0		0	0	0
Allowance for Loan losses, Provision (Credit)	(14,000)		7,000	(23,000)	12,000
Allowance for Loan losses	145,000		167,000	145,000	167,000
Residential mortgage
LOANS
Allowance for Loan losses	4,200,000	4,320,000	4,383,000	4,253,000	4,182,000
Allowance for Loan losses, Charge-offs	(11,000)		0	(11,000)	0
Allowance for Loan losses, Recoveries	2,000		2,000	4,000	5,000
Allowance for Loan losses, Provision (Credit)	164,000		(65,000)	109,000	133,000
Allowance for Loan losses	4,355,000		4,320,000	4,355,000	4,320,000
Residential mortgage \| first liens
LOANS
Allowance for Loan losses		3,531,000		3,524,000	3,405,000
Allowance for Loan losses, Charge-offs				(11,000)	0
Allowance for Loan losses, Recoveries				2,000	2,000
Allowance for Loan losses, Provision (Credit)				21,000	124,000
Allowance for Loan losses	3,536,000		3,531,000	3,536,000	3,531,000
Residential mortgage \| junior liens
LOANS
Allowance for Loan losses		365,000		349,000	384,000
Allowance for Loan losses, Charge-offs				0	0
Allowance for Loan losses, Recoveries				0	1,000
Allowance for Loan losses, Provision (Credit)				(22,000)	(20,000)
Allowance for Loan losses	327,000		365,000	327,000	365,000
Residential mortgage \| Real estate loan \| first liens
LOANS
Allowance for Loan losses	3,507,000	3,531,000	3,572,000	3,524,000
Allowance for Loan losses, Charge-offs	(11,000)		0
Allowance for Loan losses, Recoveries	1,000		1,000
Allowance for Loan losses, Provision (Credit)	39,000		(42,000)
Allowance for Loan losses	3,536,000		3,531,000	3,536,000	3,531,000
Residential mortgage \| Real estate loan \| junior liens
LOANS
Allowance for Loan losses	334,000	365,000	414,000	349,000
Allowance for Loan losses, Charge-offs	0		0
Allowance for Loan losses, Recoveries	0		0
Allowance for Loan losses, Provision (Credit)	(7,000)		(49,000)
Allowance for Loan losses	327,000		365,000	327,000	365,000
Residential mortgage \| Construction Loans
LOANS
Allowance for Loan losses				99,000
Allowance for Loan losses	198,000			198,000
Residential mortgage \| Home equity lines of credit
LOANS
Allowance for Loan losses	281,000	287,000	278,000	281,000	276,000
Allowance for Loan losses, Charge-offs	0		0	0	0
Allowance for Loan losses, Recoveries	1,000		1,000	2,000	2,000
Allowance for Loan losses, Provision (Credit)	12,000		8,000	11,000	9,000
Allowance for Loan losses	294,000		287,000	294,000	287,000
Residential mortgage \| 1-4 Family residential construction
LOANS
Allowance for Loan losses	78,000	137,000	119,000	99,000	117,000
Allowance for Loan losses, Charge-offs	0		0	0	0
Allowance for Loan losses, Recoveries	0		0	0	0
Allowance for Loan losses, Provision (Credit)	120,000		18,000	99,000	20,000
Allowance for Loan losses	198,000		137,000	198,000	137,000
Consumer
LOANS
Allowance for Loan losses	220,000	263,000	273,000	239,000	281,000
Allowance for Loan losses, Charge-offs	(36,000)		(39,000)	(47,000)	(70,000)
Allowance for Loan losses, Recoveries	13,000		16,000	25,000	27,000
Allowance for Loan losses, Provision (Credit)	34,000		13,000	14,000	25,000
Allowance for Loan losses	231,000		263,000	231,000	263,000
Unallocated
LOANS
Allowance for Loan losses	677,000	$ 585,000	585,000	585,000	585,000
Allowance for Loan losses, Charge-offs	0		0	0	0
Allowance for Loan losses, Recoveries	0		0	0	0
Allowance for Loan losses, Provision (Credit)	(6,000)		0	86,000	0
Allowance for Loan losses	$ 671,000		$ 585,000	$ 671,000	$ 585,000

LOANS - Outstanding Loans by Ri

LOANS - Outstanding Loans by Risk Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
LOANS
Loans receivable	$ 1,597,856	$ 1,644,209
Purchased Credit Impaired
LOANS
Loans receivable	6,733	6,841
Commercial
LOANS
Loans receivable	985,403	1,007,751
Commercial \| Purchased Credit Impaired
LOANS
Loans receivable	6,595	6,696
Commercial \| Real estate loan
LOANS
Loans receivable	544,202	531,810
Commercial \| Real estate loan \| Purchased Credit Impaired
LOANS
Loans receivable	4,236	4,298
Commercial \| Commercial and industrial
LOANS
Loans receivable	158,907	159,577
Commercial \| Commercial and industrial \| Purchased Credit Impaired
LOANS
Loans receivable	781	784
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	37,902	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	72,409	0
Commercial \| Paycheck Protection Program - 2nd Draw \| Purchased Credit Impaired
LOANS
Loans receivable	0
Commercial \| Political subdivisions
LOANS
Loans receivable	48,849	53,221
Commercial \| Political subdivisions \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Construction Loans
LOANS
Loans receivable	43,178	42,874
Commercial \| Construction Loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Loans secured by farm land
LOANS
Loans receivable	10,950	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	51,916	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	2,379	3,164
Commercial \| Agricultural loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Commercial \| Other commercial loans
LOANS
Loans receivable	14,711	17,289
Commercial \| Other commercial loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Residential mortgage
LOANS
Loans receivable	595,865	620,172
Residential mortgage \| Purchased Credit Impaired
LOANS
Loans receivable	138	145
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	507,579	532,947
Residential mortgage \| Real estate loan \| first liens \| Purchased Credit Impaired
LOANS
Loans receivable	73	76
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	25,287	27,311
Residential mortgage \| Real estate loan \| junior liens \| Purchased Credit Impaired
LOANS
Loans receivable	65	69
Residential mortgage \| Construction Loans
LOANS
Loans receivable	23,567	20,613
Residential mortgage \| Construction Loans \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	39,432	39,301
Residential mortgage \| Home equity lines of credit \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Consumer
LOANS
Loans receivable	16,588	16,286
Consumer \| Purchased Credit Impaired
LOANS
Loans receivable	0	0
Pass
LOANS
Loans receivable	1,519,096	1,565,349
Pass \| Commercial
LOANS
Loans receivable	923,193	946,870
Pass \| Commercial \| Real estate loan
LOANS
Loans receivable	504,470	494,876
Pass \| Commercial \| Commercial and industrial
LOANS
Loans receivable	143,810	143,500
Pass \| Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	37,902	132,269
Pass \| Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	72,409
Pass \| Commercial \| Political subdivisions
LOANS
Loans receivable	48,849	53,221
Pass \| Commercial \| Construction Loans
LOANS
Loans receivable	42,415	42,110
Pass \| Commercial \| Loans secured by farm land
LOANS
Loans receivable	9,735	10,473
Pass \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	47,089	50,563
Pass \| Commercial \| Agricultural loans
LOANS
Loans receivable	1,810	2,569
Pass \| Commercial \| Other commercial loans
LOANS
Loans receivable	14,704	17,289
Pass \| Residential mortgage
LOANS
Loans receivable	579,427	602,307
Pass \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	492,636	516,685
Pass \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	24,485	26,480
Pass \| Residential mortgage \| Construction Loans
LOANS
Loans receivable	23,567	20,613
Pass \| Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	38,739	38,529
Pass \| Consumer
LOANS
Loans receivable	16,476	16,172
Special Mention
LOANS
Loans receivable	32,550	35,316
Special Mention \| Commercial
LOANS
Loans receivable	27,031	28,924
Special Mention \| Commercial \| Real estate loan
LOANS
Loans receivable	15,967	17,374
Special Mention \| Commercial \| Commercial and industrial
LOANS
Loans receivable	7,585	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	390	405
Special Mention \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	2,367	2,405
Special Mention \| Commercial \| Agricultural loans
LOANS
Loans receivable	0	0
Special Mention \| Commercial \| Other commercial loans
LOANS
Loans receivable	7	0
Special Mention \| Residential mortgage
LOANS
Loans receivable	5,519	6,392
Special Mention \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	5,335	6,192
Special Mention \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	125	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	39,477	36,703
Substandard \| Commercial
LOANS
Loans receivable	28,584	25,261
Substandard \| Commercial \| Real estate loan
LOANS
Loans receivable	19,529	15,262
Substandard \| Commercial \| Commercial and industrial
LOANS
Loans receivable	6,731	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	48	49
Substandard \| Commercial \| Loans secured by farm land
LOANS
Loans receivable	825	858
Substandard \| Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable	882	1,229
Substandard \| Commercial \| Agricultural loans
LOANS
Loans receivable	569	595
Substandard \| Commercial \| Other commercial loans
LOANS
Loans receivable	0	0
Substandard \| Residential mortgage
LOANS
Loans receivable	10,781	11,328
Substandard \| Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable	9,535	9,994
Substandard \| Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable	612	621
Substandard \| Residential mortgage \| Construction Loans
LOANS
Loans receivable	0	0
Substandard \| Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable	634	713
Substandard \| Consumer
LOANS
Loans receivable	112	114
Doubtful
LOANS
Loans receivable	0	0
Doubtful \| Commercial
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Real estate loan
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Commercial and industrial
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable	0	0
Doubtful \| Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable	0
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 ($)	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
LOANS
Loans receivable: Individually Evaluated	$ 19,146,000		$ 17,818,000
Loans receivable: Collectively Evaluated	1,578,710,000		1,626,391,000
Loans receivable	1,597,856,000		1,644,209,000
Allowance for loan losses: individually evaluated	1,477,000		925,000
Allowance for loan losses: collectively evaluated	10,227,000		9,875,000
Allowance for loan losses	12,375,000	$ 11,661,000	11,385,000	$ 11,026,000	$ 11,330,000	$ 9,836,000
Commercial
LOANS
Loans receivable: Individually Evaluated	17,716,000		15,019,000
Loans receivable: Collectively Evaluated	967,687,000		992,732,000
Loans receivable	985,403,000		1,007,751,000
Allowance for loan losses: individually evaluated	1,337,000		763,000
Allowance for loan losses: collectively evaluated	5,781,000		5,545,000
Allowance for loan losses	7,118,000	6,564,000	6,308,000	5,858,000	6,089,000	4,788,000
Commercial \| Real estate loan
LOANS
Loans receivable: Individually Evaluated	11,400,000		11,962,000
Loans receivable: Collectively Evaluated	532,802,000		519,848,000
Loans receivable	544,202,000		531,810,000
Allowance for loan losses: individually evaluated	683,000		692,000
Allowance for loan losses: collectively evaluated	2,769,000		2,359,000
Allowance for loan losses	3,452,000	3,350,000	3,051,000	2,426,000	1,932,000	1,921,000
Commercial \| Commercial and industrial
LOANS
Loans receivable: Individually Evaluated	4,654,000		1,359,000
Loans receivable: Collectively Evaluated	154,253,000		158,218,000
Loans receivable	158,907,000		159,577,000
Allowance for loan losses: individually evaluated	654,000		71,000
Allowance for loan losses: collectively evaluated	2,127,000		2,174,000
Allowance for loan losses	2,781,000	2,187,000	2,245,000	2,496,000	2,645,000	1,391,000
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	37,902,000		132,269,000
Loans receivable	37,902,000		132,269,000
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	72,409,000
Loans receivable	72,409,000		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	48,849,000		53,221,000
Loans receivable	48,849,000		53,221,000
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	43,178,000		42,874,000
Loans receivable	43,178,000		42,874,000
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	452,000		454,000
Allowance for loan losses	452,000		454,000		674,000
Commercial \| Commercial Construction And Land
LOANS
Allowance for loan losses	452,000	476,000	454,000	420,000	970,000	966,000
Commercial \| Loans secured by farm land
LOANS
Loans receivable: Individually Evaluated	84,000		84,000
Loans receivable: Collectively Evaluated	10,866,000		11,652,000
Loans receivable	10,950,000		11,736,000
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	113,000		120,000
Allowance for loan losses	113,000	111,000	120,000	146,000	144,000	158,000
Commercial \| Multi-family (5 or more) residential
LOANS
Loans receivable: Individually Evaluated	1,578,000		1,614,000
Loans receivable: Collectively Evaluated	50,338,000		54,197,000
Loans receivable	51,916,000		55,811,000
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	150,000		236,000
Allowance for loan losses	150,000	255,000	236,000	163,000	199,000	156,000
Commercial \| Agricultural loans
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	2,379,000		3,164,000
Loans receivable	2,379,000		3,164,000
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	25,000		34,000
Allowance for loan losses	25,000	26,000	34,000	40,000	39,000	41,000
Commercial \| Other commercial loans
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	14,711,000		17,289,000
Loans receivable	14,711,000		17,289,000
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	145,000		168,000
Allowance for loan losses	145,000	159,000	168,000	167,000	160,000	155,000
Residential mortgage
LOANS
Loans receivable: Individually Evaluated	1,430,000		2,799,000
Loans receivable: Collectively Evaluated	594,435,000		617,373,000
Loans receivable	595,865,000		620,172,000
Allowance for loan losses: individually evaluated	140,000		162,000
Allowance for loan losses: collectively evaluated	4,215,000		4,091,000
Allowance for loan losses	4,355,000	4,200,000	4,253,000	4,320,000	4,383,000	4,182,000
Residential mortgage \| first liens
LOANS
Allowance for loan losses	3,536,000		3,524,000	3,531,000		3,405,000
Residential mortgage \| junior liens
LOANS
Allowance for loan losses	327,000		349,000	365,000		384,000
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans receivable: Individually Evaluated	1,027,000		2,385,000
Loans receivable: Collectively Evaluated	506,552,000		530,562,000
Loans receivable	507,579,000		532,947,000
Allowance for loan losses: individually evaluated	0		9,000
Allowance for loan losses: collectively evaluated	3,536,000		3,515,000
Allowance for loan losses	3,536,000	3,507,000	3,524,000	3,531,000	3,572,000
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans receivable: Individually Evaluated	403,000		414,000
Loans receivable: Collectively Evaluated	24,884,000		26,897,000
Loans receivable	25,287,000		27,311,000
Allowance for loan losses: individually evaluated	140,000		153,000
Allowance for loan losses: collectively evaluated	187,000		196,000
Allowance for loan losses	327,000	334,000	349,000	365,000	414,000
Residential mortgage \| Construction Loans
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	23,567,000		20,613,000
Loans receivable	23,567,000		20,613,000
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	198,000		99,000
Allowance for loan losses	198,000		99,000
Residential mortgage \| Home equity lines of credit
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	39,432,000		39,301,000
Loans receivable	39,432,000		39,301,000
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	294,000		281,000
Allowance for loan losses	294,000	281,000	281,000	287,000	278,000	276,000
Consumer
LOANS
Loans receivable: Individually Evaluated	0		0
Loans receivable: Collectively Evaluated	16,588,000		16,286,000
Loans receivable	16,588,000		16,286,000
Allowance for loan losses: individually evaluated	0		0
Allowance for loan losses: collectively evaluated	231,000		239,000
Allowance for loan losses	231,000	220,000	239,000	263,000	273,000	281,000
Unallocated
LOANS
Allowance for loan losses	$ 671,000	$ 677,000	$ 585,000	$ 585,000	$ 585,000	$ 585,000

LOANS - Impaired Loans (Details

LOANS - Impaired Loans (Details) $ in Thousands	Jun. 30, 2021USD ($)borrowerproperty	Dec. 31, 2020USD ($)
LOANS
Unpaid Principal Balance - with no allowance	$ 12,008	$ 13,211
Recorded Investment - with no allowance	8,552	9,736
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	10,594	8,082
Recorded investment - with allowance	10,594	8,082
Related Allowance - with allowance	1,477	925
Unpaid Principal Balance	22,602	21,293
Recorded Investment	19,146	17,818
Commercial \| Real estate loan
LOANS
Unpaid Principal Balance - with no allowance	6,667	7,168
Recorded Investment - with no allowance	4,909	5,398
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	6,491	6,501
Recorded investment - with allowance	6,491	6,501
Related Allowance - with allowance	683	691
Commercial \| Commercial and industrial
LOANS
Unpaid Principal Balance - with no allowance	1,636	1,781
Recorded Investment - with no allowance	1,235	1,287
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	3,419	72
Recorded investment - with allowance	3,419	72
Related Allowance - with allowance	654	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	$ 140	153
Residential mortgage \| Real estate loan \| first liens
LOANS
Unpaid Principal Balance - with no allowance	736	1,248
Recorded Investment - with no allowance	648	1,248
Related Allowance - with no allowance	0	0
Unpaid Principal Balance - with allowance	379	1,200
Recorded investment - with allowance	379	1,200
Related Allowance - with allowance	0	9
Residential mortgage \| Real estate loan \| junior liens
LOANS
Unpaid Principal Balance - with no allowance	151	160
Recorded Investment - with no allowance	98	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	$ 140	$ 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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
LOANS
Average Investment in Impaired Loans	$ 18,652	$ 11,286	$ 18,320	$ 9,087
Interest Income Recognized on Impaired Loans on a Cash Basis	149	90	411	134
Commercial
LOANS
Average Investment in Impaired Loans	16,505	9,432	15,803	7,320
Interest Income Recognized on Impaired Loans on a Cash Basis	125	41	345	76
Commercial \| Real estate loan
LOANS
Average Investment in Impaired Loans	12,022	3,771	12,137	2,079
Interest Income Recognized on Impaired Loans on a Cash Basis	85	12	229	16
Commercial \| Commercial and industrial
LOANS
Average Investment in Impaired Loans	2,754	4,460	1,927	3,666
Interest Income Recognized on Impaired Loans on a Cash Basis	9	19	21	20
Commercial \| Construction Loans
LOANS
Average Investment in Impaired Loans	0	678	0	993
Interest Income Recognized on Impaired Loans on a Cash Basis	0	1	0	13
Commercial \| Loans secured by farm land
LOANS
Average Investment in Impaired Loans	84	422	84	469
Interest Income Recognized on Impaired Loans on a Cash Basis	0	7	1	24
Commercial \| Multi-family (5 or more) residential
LOANS
Average Investment in Impaired Loans	1,578	0	1,587	0
Interest Income Recognized on Impaired Loans on a Cash Basis	30	0	91	0
Commercial \| Agricultural loans
LOANS
Average Investment in Impaired Loans	67	76	68	76
Interest Income Recognized on Impaired Loans on a Cash Basis	1	2	3	2
Commercial \| Other commercial loans
LOANS
Average Investment in Impaired Loans	0	25	0	37
Interest Income Recognized on Impaired Loans on a Cash Basis	0	0	0	1
Residential mortgage
LOANS
Average Investment in Impaired Loans	2,147	1,854	2,517	1,767
Interest Income Recognized on Impaired Loans on a Cash Basis	24	49	66	58
Residential mortgage \| Real estate loan \| first liens
LOANS
Average Investment in Impaired Loans	1,717	1,398	2,084	1,315
Interest Income Recognized on Impaired Loans on a Cash Basis	20	35	57	43
Residential mortgage \| Real estate loan \| junior liens
LOANS
Average Investment in Impaired Loans	430	391	433	387
Interest Income Recognized on Impaired Loans on a Cash Basis	4	13	9	13
Residential mortgage \| Home Equity Line of Credit [Member]
LOANS
Average Investment in Impaired Loans	0	65	0	65
Interest Income Recognized on Impaired Loans on a Cash Basis	$ 0	$ 1	$ 0	$ 2

LOANS - Nonaccrual Loans and Lo

LOANS - Nonaccrual Loans and Loans Past Due Ninety Days or More and Still Accruing (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
LOANS
Past Due 90+ Days and Accruing	$ 1,881	$ 1,975
Nonaccrual	22,971	21,416
Commercial
LOANS
Past Due 90+ Days and Accruing	1,101	796
Nonaccrual	17,292	14,267
Commercial \| Real estate loan
LOANS
Past Due 90+ Days and Accruing	756	395
Nonaccrual	11,300	11,550
Commercial \| Commercial and industrial
LOANS
Past Due 90+ Days and Accruing	91	142
Nonaccrual	4,282	970
Commercial \| Construction Loans
LOANS
Past Due 90+ Days and Accruing	0	0
Nonaccrual	48	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 \| Agricultural loans
LOANS
Past Due 90+ Days and Accruing	66	0
Nonaccrual	0	0
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	759	1,123
Nonaccrual	5,602	7,064
Residential mortgage \| Real estate loan \| first liens
LOANS
Past Due 90+ Days and Accruing	600	838
Nonaccrual	4,941	6,387
Residential mortgage \| Real estate loan \| junior liens
LOANS
Past Due 90+ Days and Accruing	61	52
Nonaccrual	367	378
Residential mortgage \| Home equity lines of credit
LOANS
Past Due 90+ Days and Accruing	98	233
Nonaccrual	294	299
Consumer
LOANS
Past Due 90+ Days and Accruing	21	56
Nonaccrual	$ 77	$ 85

LOANS - Contractual Aging of Lo

LOANS - Contractual Aging of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
LOANS
Loans current and past due less than 30 days	$ 1,584,535	$ 1,627,899
Loans receivable	1,597,856	1,644,209
Past Due 30-89 Days
LOANS
Loans past due	4,207	8,607
Past Due 90+ Days
LOANS
Loans past due	9,114	7,703
Commercial
LOANS
Loans current and past due less than 30 days	978,076	1,002,260
Loans receivable	985,403	1,007,751
Commercial \| Past Due 30-89 Days
LOANS
Loans past due	695	2,453
Commercial \| Past Due 90+ Days
LOANS
Loans past due	6,632	3,038
Commercial \| Real estate loan
LOANS
Loans current and past due less than 30 days	538,713	529,998
Loans receivable	544,202	531,810
Commercial \| Real estate loan \| Past Due 30-89 Days
LOANS
Loans past due	110	66
Commercial \| Real estate loan \| Past Due 90+ Days
LOANS
Loans past due	5,379	1,746
Commercial \| Commercial and industrial
LOANS
Loans current and past due less than 30 days	157,967	158,523
Loans receivable	158,907	159,577
Commercial \| Commercial and industrial \| Past Due 30-89 Days
LOANS
Loans past due	25	55
Commercial \| Commercial and industrial \| Past Due 90+ Days
LOANS
Loans past due	915	999
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans current and past due less than 30 days	37,902	132,269
Loans receivable	37,902	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	72,409	0
Loans receivable	72,409	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	48,849	53,221
Loans receivable	48,849	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	42,649	42,590
Loans receivable	43,178	42,874
Commercial \| Construction Loans \| Past Due 30-89 Days
LOANS
Loans past due	529	284
Commercial \| Construction Loans \| Past Due 90+ Days
LOANS
Loans past due	0	0
Commercial \| Loans secured by farm land
LOANS
Loans current and past due less than 30 days	10,647	11,419
Loans receivable	10,950	11,736
Commercial \| Loans secured by farm land \| Past Due 30-89 Days
LOANS
Loans past due	31	95
Commercial \| Loans secured by farm land \| Past Due 90+ Days
LOANS
Loans past due	272	222
Commercial \| Multi-family (5 or more) residential
LOANS
Loans current and past due less than 30 days	51,916	53,860
Loans receivable	51,916	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	2,313	3,091
Loans receivable	2,379	3,164
Commercial \| Agricultural loans \| Past Due 30-89 Days
LOANS
Loans past due	0	2
Commercial \| Agricultural loans \| Past Due 90+ Days
LOANS
Loans past due	66	71
Commercial \| Other commercial loans
LOANS
Loans current and past due less than 30 days	14,711	17,289
Loans receivable	14,711	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	590,026	609,576
Loans receivable	595,865	620,172
Residential mortgage \| Past Due 30-89 Days
LOANS
Loans past due	3,455	6,071
Residential mortgage \| Past Due 90+ Days
LOANS
Loans past due	2,384	4,525
Residential mortgage \| Real estate loan \| first liens
LOANS
Loans current and past due less than 30 days	502,311	523,191
Loans receivable	507,579	532,947
Residential mortgage \| Real estate loan \| first liens \| Past Due 30-89 Days
LOANS
Loans past due	3,143	5,703
Residential mortgage \| Real estate loan \| first liens \| Past Due 90+ Days
LOANS
Loans past due	2,125	4,053
Residential mortgage \| Real estate loan \| junior liens
LOANS
Loans current and past due less than 30 days	25,138	27,009
Loans receivable	25,287	27,311
Residential mortgage \| Real estate loan \| junior liens \| Past Due 30-89 Days
LOANS
Loans past due	32	111
Residential mortgage \| Real estate loan \| junior liens \| Past Due 90+ Days
LOANS
Loans past due	117	191
Residential mortgage \| Construction Loans
LOANS
Loans current and past due less than 30 days	23,567	20,457
Loans receivable	23,567	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	39,010	38,919
Loans receivable	39,432	39,301
Residential mortgage \| Home equity lines of credit \| Past Due 30-89 Days
LOANS
Loans past due	280	101
Residential mortgage \| Home equity lines of credit \| Past Due 90+ Days
LOANS
Loans past due	142	281
Consumer
LOANS
Loans current and past due less than 30 days	16,433	16,063
Loans receivable	16,588	16,286
Consumer \| Past Due 30-89 Days
LOANS
Loans past due	57	83
Consumer \| Past Due 90+ Days
LOANS
Loans past due	$ 98	$ 140

LOANS - Contractual Aging of No

LOANS - Contractual Aging of Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
LOANS
Nonaccrual loans	$ 22,971	$ 21,416
Non accrual Loans [Member]
LOANS
Loans current and past due, nonaccrual	14,009	12,999
Nonaccrual loans	22,971	21,416
Non accrual Loans [Member] \| Past Due 30-89 Days
LOANS
Loans current and past due, nonaccrual	1,729	2,689
Non accrual Loans [Member] \| Past Due 90+ Days
LOANS
Loans current and past due, nonaccrual	$ 7,233	$ 5,728

LOANS - Aging of Troubled Debt

LOANS - Aging of Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Troubled Debt Restructurings
Loans current and past due less than 30 days	$ 1,584,535	$ 1,627,899
Nonaccrual loans	22,971	21,416
Past Due 30-89 Days
Troubled Debt Restructurings
Loans past due	4,207	8,607
Past Due 90+ Days
Troubled Debt Restructurings
Loans past due	9,114	7,703
Troubled Debt Restructuring
Troubled Debt Restructurings
Loans current and past due less than 30 days	174	166
Nonaccrual loans	5,464	6,867
Troubled debt restructurings	5,823	7,451
Troubled Debt Restructuring \| Past Due 30-89 Days
Troubled Debt Restructurings
Loans past due	25	0
Troubled Debt Restructuring \| Past Due 90+ Days
Troubled Debt Restructurings
Loans past due	$ 160	$ 418

LOANS - Troubled Debt Restructu

LOANS - Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)loan	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)loan
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan	1	1	3	2
Troubled debt restructurings, post-modification recorded investment \| $	$ 116	$ 240	$ 152	$ 270
Commercial \| Real estate loan \| Interest only payments for a nine-month period
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan	0	1	0	1
Troubled debt restructurings, post-modification recorded investment \| $	$ 0	$ 240	$ 0	$ 240
Residential mortgage \| Real estate loan \| 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
Residential mortgage \| Real estate loan \| first liens \| Reduced monthly payments for a fifteen-month period
Troubled Debt Restructurings
Troubled debt restructurings, number of contracts \| loan	1	0	1	0
Troubled debt restructurings, post-modification recorded investment \| $	$ 116	$ 0	$ 116	$ 0
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

LOANS - Payment Defaults on TDR

LOANS - Payment Defaults on TDR Loans (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)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	Jun. 30, 2021	Dec. 31, 2020
Residential mortgage
LOANS
Foreclosed residential real estate	$ 116	$ 80

LOANS - Mortgage Loans in Proce

LOANS - Mortgage Loans in Process of Foreclosure (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Residential mortgage
LOANS
Residential real estate in process of foreclosure	$ 1,684	$ 1,246

LOANS - Additional information

LOANS - Additional information (Details)	Mar. 27, 2020USD ($)	Jun. 30, 2021USD ($)	Mar. 31, 2021USD ($)	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)loan	Dec. 31, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
LOANS
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total		$ 7,044,000				$ 7,044,000		$ 6,286,000
Recorded investment - with allowance		10,594,000				10,594,000		8,082,000
Specific allowances		1,477,000				1,477,000		925,000
Provision for loan losses		744,000			$ (176,000)	1,003,000	$ 1,352,000
Loans receivable		1,597,856,000				1,597,856,000		1,644,209,000
Allowance for Loan losses		12,375,000	$ 11,661,000		11,026,000	$ 12,375,000	$ 11,026,000	11,385,000	$ 11,330,000	$ 9,836,000
Number of loans granted deferrals \| loan						12
Aggregate recorded investment of deferral payments						$ 6,700,000
Down in deferral status		26,000,000				26,000,000
Significantly down in deferral status			693,000,000			241,200,000
Deferral status, reported by covenant		82,500,000	152,000,000			$ 82,500,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment \| loan						1	0
Financing receivable charge-offs		47,000			146,000	$ 58,000	$ 194,000
Provision (credit) for loan losses		744,000			(176,000)	1,003,000	1,352,000
Increase (decrease) in provision for loan losses		920,000				(349,000)
Amount of net charge related to specific loans					383,000		565,000
Amount of net increase in specific allowances on loans					353,000		552,000
Amount of net charge offs related to a specific loan					30,000		13,000
Amount of increase (decrease) in the provision for loan losses from collectively determined portion of allowance					367,000		352,000
Amount of increase (decrease) in the provision for loan losses from unallocated portion of allowance					6,000		86,000
Recorded Investment		19,146,000				19,146,000		17,818,000
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend		0				0		0
Purchased Credit Impaired
LOANS
Loans receivable		6,733,000				6,733,000		6,841,000
Loans Modified, Recorded Investment		6,733,000				6,733,000		6,841,000
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		854,000				854,000
Contractual principal balances		38,706,000				38,706,000
Accretion of fees received		722,000			337,000	2,270,000	337,000
Recorded Investment		37,902,000				37,902,000
Adjustment recorded in acquisition						50,000
Paycheck Protection Program - 2nd Draw
LOANS
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total		3,037,000				3,037,000
Contractual principal balances		75,446,000				75,446,000
Accretion of fees received		200,000				297,000
Recorded Investment		72,409,000				72,409,000
Unfunded Loan Commitment
LOANS
Allowance for Loan losses		0				0		0
Commercial
LOANS
Loans receivable		985,403,000				985,403,000		1,007,751,000
Allowance for Loan losses		7,118,000	6,564,000		5,858,000	7,118,000	5,858,000	6,308,000	6,089,000	4,788,000
Financing receivable charge-offs		0			107,000	0	124,000
Provision (credit) for loan losses		552,000			(124,000)	794,000	1,194,000
Commercial \| Purchased Credit Impaired
LOANS
Loans receivable		6,595,000				6,595,000		6,696,000
Commercial \| Paycheck Protection Program - 1st Draw
LOANS
Loans receivable		37,902,000				37,902,000		132,269,000
Allowance for Loan losses		0				0		0
Commercial \| Paycheck Protection Program - 1st Draw \| Purchased Credit Impaired
LOANS
Loans receivable		0				0		0
Commercial \| Paycheck Protection Program - 2nd Draw
LOANS
Loans receivable		72,409,000				72,409,000		0
Allowance for Loan losses		0				0
Commercial \| Paycheck Protection Program - 2nd Draw \| Purchased Credit Impaired
LOANS
Loans receivable		0				0
Commercial \| Construction Loans
LOANS
Loans receivable		43,178,000				43,178,000		42,874,000
Allowance for Loan losses		452,000				452,000		454,000	674,000
Financing receivable charge-offs					107,000
Provision (credit) for loan losses				$ 2,219,000
Amount of net increase in specific allowances on loans							1,193,000
Commercial \| Construction Loans \| Purchased Credit Impaired
LOANS
Loans receivable		0				0		0
Commercial \| Real estate loan
LOANS
Recorded investment - with allowance		6,491,000				6,491,000		6,501,000
Specific allowances		683,000				683,000		691,000
Loans receivable		544,202,000				544,202,000		531,810,000
Allowance for Loan losses		3,452,000	3,350,000		2,426,000	$ 3,452,000	$ 2,426,000	3,051,000	1,932,000	1,921,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment \| loan						1	0
Financing receivable charge-offs		0			0	$ 0	$ 0
Provision (credit) for loan losses		100,000			494,000	399,000	505,000
Commercial \| Real estate loan \| Purchased Credit Impaired
LOANS
Loans receivable		4,236,000				4,236,000		4,298,000
Unallocated
LOANS
Allowance for Loan losses		671,000	677,000		585,000	671,000	585,000	585,000	585,000	585,000
Financing receivable charge-offs		0			0	0	0
Provision (credit) for loan losses		(6,000)			0	86,000	0
Residential mortgage
LOANS
Loans receivable		595,865,000				595,865,000		620,172,000
Allowance for Loan losses		4,355,000	$ 4,200,000		4,320,000	4,355,000	4,320,000	4,253,000	$ 4,383,000	$ 4,182,000
Financing receivable charge-offs		11,000			0	11,000	0
Provision (credit) for loan losses		164,000			$ (65,000)	109,000	$ 133,000
Residential mortgage \| Purchased Credit Impaired
LOANS
Loans receivable		138,000				138,000		145,000
Residential mortgage \| Construction Loans
LOANS
Loans receivable		23,567,000				23,567,000		20,613,000
Allowance for Loan losses		198,000				198,000		99,000
Residential mortgage \| Construction Loans \| Purchased Credit Impaired
LOANS
Loans receivable		0				0		0
Residential mortgage \| Real estate loan
LOANS
Specific allowances		$ 140,000				$ 140,000		$ 153,000

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Core Deposit Intangibles (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Gross amount	$ 6,639	$ 6,639
Accumulated amortization	(3,056)	(2,788)
Net	$ 3,583	$ 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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Amortization expense	$ 134	$ 62	$ 268	$ 124

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Changes in the carrying amount of goodwill
Goodwill	$ 52,505		$ 52,505
Increase (Decrease) in goodwill	$ 0	$ 0

BORROWED FUNDS - Short-term bor

BORROWED FUNDS - Short-term borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	$ 2,125	$ 20,022
FHLB-Pittsburgh borrowings
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	0	18,066
Customer repurchase agreements
BORROWED FUNDS AND SUBORDINATED DEBT
Short-term borrowings	$ 2,125	$ 1,956

BORROWED FUNDS - Short-term b_2

BORROWED FUNDS - Short-term borrowings Additional information (Details)	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)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	$ 15,035,000	$ 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	$ 2,150,000	$ 1,980,000
Federal Home Loan Bank of Pittsburgh
BORROWED FUNDS AND SUBORDINATED DEBT
Line of Credit Facility, Maximum Borrowing Capacity	749,994,000	771,199,000
Letter of credit	400,000
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	1,038,860,000	1,049,690,000
Line of Credit Facility, Remaining Borrowing Capacity	705,819,000	698,977,000
Federal Home Loan Bank of Pittsburgh \| Other Assets
BORROWED FUNDS AND SUBORDINATED DEBT
Federal Home Loan Bank Stock	9,350,000	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	14,588,000	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 \| loan		5
Short-term Borrowing, Amount of Each Borrowing		$ 18,000,000
Short-term Debt, Weighted Average Interest Rate, at Point in Time		0.43%

BORROWED FUNDS - Long-term Borr

BORROWED FUNDS - Long-term Borrowing (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Long-term Borrowing
Long-term borrowings	$ 44,325	$ 54,608
Federal Home Loan Bank of Pittsburgh
Long-term Borrowing
Long-term borrowings	44,325	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	$ 16,047	$ 26,098
Rate	1.17%	1.17%
Federal Home Loan Bank of Pittsburgh \| Loans maturing in 2022 with a weighted-average rate of 0.60%
Long-term Borrowing
Long-term borrowings	$ 15,568	$ 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	$ 7,172	$ 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	$ 5,118	$ 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	$ 420	$ 467
Rate	4.91%	4.91%

BORROWED FUNDS - Senior Notes (

BORROWED FUNDS - Senior Notes (Details) - USD ($)	May 19, 2021	Jun. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Senior notes, net		$ 14,670,000	$ 14,670,000	$ 0
Agreements with an aggregate par value of $15,000,000; bearing interest at 2.75%; maturing in June 2031 and redeemable at par in June 2026
Debt Instrument [Line Items]
Aggregate par value	$ 15,000,000	$ 15,000,000	$ 15,000,000	$ 15,000,000
Stated interest rate	2.75%	2.75%	2.75%	2.75%
Debt issuance costs	$ 337,000
Senior notes, net	$ 14,663,000	$ 14,670,000	$ 14,670,000	$ 0
Amortization of debt issuance costs		$ 7,000	$ 7,000
Effective interest rate		3.23%	3.23%	3.23%

BORROWED FUNDS - Subordinated D

BORROWED FUNDS - Subordinated Debt (Details) - USD ($)	May 19, 2021	Jun. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Subordinated debt, net		$ 32,967,000	$ 32,967,000	$ 16,553,000
6.25% maturing in June 2026 and redeemable at par in June 2021
Debt Instrument [Line Items]
Aggregate par value				$ 8,000,000
Stated interest rate				6.25%
Subordinated debt, net		0	0	$ 8,027,000
Effective interest rate				5.49%
6.50% maturing in April 2027 and redeemable at par in April 2022
Debt Instrument [Line Items]
Aggregate par value		$ 6,500,000	$ 6,500,000	$ 6,500,000
Stated interest rate		6.50%	6.50%	6.50%
Subordinated debt, net		$ 6,500,000	$ 6,500,000	$ 6,500,000
6.50% maturing in July 2027 and redeemable at par in July 2022
Debt Instrument [Line Items]
Aggregate par value		$ 2,000,000	$ 2,000,000	$ 2,000,000
Stated interest rate		6.50%	6.50%	6.50%
Subordinated debt, net		$ 2,017,000	$ 2,017,000	$ 2,026,000
Effective interest rate		5.60%	5.60%	5.60%
3.25% maturing in June 2031 and redeemable at par in June 2026
Debt Instrument [Line Items]
Aggregate par value	$ 25,000,000	$ 25,000,000	$ 25,000,000	$ 25,000,000
Stated interest rate	3.25%	3.25%	3.25%	3.25%
Debt issuance costs	$ 563,000
Subordinated debt, net	$ 24,437,000	$ 24,450,000	$ 24,450,000	$ 0
Amortization of debt issuance costs		$ 13,000	$ 13,000
Effective interest rate		3.74%	3.74%	3.74%
3.25% maturing in June 2031 and redeemable at par in June 2026 \| Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Stated interest rate	3.25%
Debt Instrument, Redemption Period, Start Date	May 19, 2021
Debt Instrument, Redemption Period, End Date	Jun. 1, 2026
3.25% maturing in June 2031 and redeemable at par in June 2026 \| Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Debt Instrument, Redemption Period, Start Date	Jun. 1, 2026
Debt Instrument, Redemption Period, End Date	Jun. 1, 2031
Debt Instrument, Basis Spread on Variable Rate	2.59%

STOCK-BASED COMPENSATION PLAN_2

STOCK-BASED COMPENSATION PLANS (Details) - Restricted Stock - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2021
Stock-based compensation expense	$ 284,000	$ 230,000	$ 625,000	$ 424,000
Forecast
Stock-based compensation expense					$ 1,314,000
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) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021
STOCK-BASED COMPENSATION PLANS
Number of shares			78,391
Average Grant Date Fair Value			$ 1,589
Stock Incentive Plan \| Restricted Stock \| Employees
STOCK-BASED COMPENSATION PLANS
Number of shares	4,000	46,178
Average Grant Date Fair Value	$ 100	$ 924
Stock Incentive Plan \| Performance Shares \| Employees
STOCK-BASED COMPENSATION PLANS
Number of shares		17,224
Average Grant Date Fair Value		$ 345
Independent Directors Stock Incentive Plan \| Restricted Stock \| Director
STOCK-BASED COMPENSATION PLANS
Number of 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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Trust Department Tax Reporting Contingency
Loss Contingency, Loss in Period	$ 0	$ 300,000	$ 107,000	$ 300,000
Accrued Interest and Other Liabilities
Trust Department Tax Reporting Contingency
Tax compliance matters	$ 429,000		$ 429,000		$ 322,000

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - (Details) - USD ($)	3 Months Ended	6 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS - (Details) - USD ($)	Jun. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Asset pledged
Derivative Financial Instruments
Available-for-sale securities pledged as collateral	$ 9,109,000	$ 9,109,000
Interest rate swap agreements
Derivative Financial Instruments
Aggregate notional amount	126,716,000	126,716,000	$ 135,740,000
Asset Derivatives, Notional Amount	63,358,000	63,358,000	67,870,000
Asset Derivatives, Fair Value	4,468,000	4,468,000	6,566,000
Liability Derivatives, Notional Amount	63,358,000	63,358,000	67,870,000
Liability Derivatives, Fair Value	4,468,000	4,468,000	$ 6,566,000
Derivatives not designated as hedging instruments \| Interest rate swap agreements
Derivative Financial Instruments
Interest rate swap	0	0		$ 0
Increase (decrease) in interest income	$ 340,000	$ 678,000

FAIR VALUE MEASUREMENTS AND F_3

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS - Assets Measured at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Assets Measured at Fair Value
Total, fair value	$ 391,881	$ 349,332
Impaired loans with a valuation allowance	10,594	8,082
Valuation allowance	(1,477)	(925)
Impaired loans, net	10,594	8,082
Interest rate swap agreements
Assets Measured at Fair Value
Fair value derivative asset	4,468	6,566
Fair value of the derivative liability	4,468	6,566
Obligations of the U.S. Treasury
Assets Measured at Fair Value
Total, fair value	23,073	12,182
Obligations of U.S. Government agencies
Assets Measured at Fair Value
Total, fair value	25,373	26,344
Obligations Of States And Political Subdivisions Tax Exempt
Assets Measured at Fair Value
Total, fair value	132,310	122,401
Obligations Of States And Political Subdivisions Taxable
Assets Measured at Fair Value
Total, fair value	60,528	47,452
Residential Passthrough Securities
Assets Measured at Fair Value
Total, fair value	51,328	38,176
Residential Collateralized Mortgage Obligations
Assets Measured at Fair Value
Total, fair value	45,575	57,467
Commercial Mortgage Backed Securities
Assets Measured at Fair Value
Total, fair value	53,694	45,310
Recurring fair value measurements
Assets Measured at Fair Value
Total, fair value	391,881	349,332
Marketable equity security	985	1,000
Servicing rights	2,116	1,689
Total asset fair value measurements	399,450	358,587
Recurring fair value measurements \| Level 1
Assets Measured at Fair Value
Total, fair value	0	0
Marketable equity security	985	1,000
Servicing rights	0	0
Total asset fair value measurements	985	1,000
Recurring fair value measurements \| Level 2
Assets Measured at Fair Value
Total, fair value	391,881	349,332
Marketable equity security	0	0
Servicing rights	0	0
Total asset fair value measurements	396,349	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	2,116	1,689
Total asset fair value measurements	2,116	1,689
Recurring fair value measurements \| Interest rate swap agreements
Assets Measured at Fair Value
Fair value derivative asset	4,468	6,566
Fair value of the derivative liability	4,468	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	4,468	6,566
Fair value of the derivative liability	4,468	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	23,073	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	23,073	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	25,373	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	25,373	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	132,310	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	132,310	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	60,528	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	60,528	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	51,328	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	51,328	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	45,575	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	45,575	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	53,694	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	53,694	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	10,449	8,495
Impaired loans with a valuation allowance	10,594	8,082
Valuation allowance	(1,477)	(925)
Impaired loans, net	9,117	7,157
Foreclosed assets held for sale	1,332	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	10,449	8,495
Impaired loans with a valuation allowance	10,594	8,082
Valuation allowance	(1,477)	(925)
Impaired loans, net	9,117	7,157
Foreclosed assets held for sale	$ 1,332	$ 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 ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Valuation Techniques and the Unobservable Inputs
Fair value	$ 2,116,000	$ 1,689,000
Valuation Technique, Discounted cash flow
Valuation Techniques and the Unobservable Inputs
Fair value	$ 2,116,000	$ 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	225.00%	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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of activity for Level 3 assets (servicing rights) measured at fair value on a recurring basis
Servicing rights balance, beginning of period	$ 1,956	$ 1,226	$ 1,689	$ 1,277
Originations of servicing rights	199	328	391	403
Unrealized (loss) gain included in earnings	(39)	(270)	36	(396)
Servicing rights balance, end of period	$ 2,116	$ 1,284	$ 2,116	$ 1,284

FAIR VALUE MEASUREMENTS AND F_6

FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS - Level 3 Valuation Techniques Nonrecurring (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	$ 10,594	$ 8,082
Related allowance	1,477	925
Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	9,117	7,157
Related allowance	1,477	925
Foreclosed assets held for sale	1,332	1,338
Residential mortgage
Valuation Techniques and the Unobservable Inputs
Foreclosed assets held for sale	116	80
Residential mortgage \| Real estate loan
Valuation Techniques and the Unobservable Inputs
Related allowance	140	153
Commercial \| Real estate loan
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	6,491	6,501
Related allowance	683	691
Commercial \| Commercial and industrial
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	3,419	72
Related allowance	654	72
Impaired Loans \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	10,594	8,082
Related allowance	1,477	925
Fair value	9,117	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	684	1,509
Related allowance	140	162
Fair value	$ 544	$ 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	32.00%	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	$ 6,491	$ 6,501
Related allowance	683	691
Fair value	$ 5,808	$ 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	28.00%	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 \| Nonrecurring fair value measurements \| Measurement Input Discount To Borrowers Financial Statement Value Member
Valuation Techniques and the Unobservable Inputs
Recorded investment - with allowance	3,347
Related allowance	582
Fair value	$ 2,765
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%
Impaired Loans \| Valuation, Market Approach \| Commercial \| Commercial and industrial \| Weighted average \| Nonrecurring fair value measurements \| Measurement Input Discount To Borrowers Financial Statement Value Member
Valuation Techniques and the Unobservable Inputs
Discount rate	49.00%
Foreclosed Assets Held For Sale \| Nonrecurring fair value measurements
Valuation Techniques and the Unobservable Inputs
Foreclosed assets held for sale	$ 1,332	$ 1,338
Valuation allowance	0	0
Fair value	1,332	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	1,216	1,258
Valuation allowance	0	0
Fair value	$ 1,216	$ 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	46.00%	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	$ 116	$ 80
Valuation allowance	0	0
Fair value	$ 116	$ 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	34.00%	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	Jun. 30, 2021	Dec. 31, 2020
Interest rate swap agreements
Fair values, and carrying amounts financial instruments not recorded at fair value
Fair value derivative asset	$ 4,468	$ 6,566
Reported value measurement \| Level 1
Fair values, and carrying amounts financial instruments not recorded at fair value
Cash and cash equivalents	201,020	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)	9,600	9,970
Accrued interest receivable	7,293	8,293
Short-term borrowings	2,125	20,022
Long-term borrowings	44,325	54,608
Senior debt	14,670	0
Subordinated debt	32,967	16,553
Accrued interest payable	151	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	1,596,954	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	319,855	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	4,468	6,566
Interest rate swap agreements	4,468	6,566
Reported value measurement \| Level 3
Fair values, and carrying amounts financial instruments not recorded at fair value
Loans, net	1,585,481	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	201,020	96,017
Estimate of fair value measurement \| Level 2
Fair values, and carrying amounts financial instruments not recorded at fair value
Certificates of deposit	7,995	6,054
Restricted equity securities (included in Other Assets)	9,600	9,970
Accrued interest receivable	7,293	8,293
Short-term borrowings	1,940	19,974
Long-term borrowings	45,022	55,723
Senior debt	15,000	0
Subordinated debt	33,593	16,680
Accrued interest payable	151	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	1,596,954	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	321,758	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	4,468	6,566
Interest rate swap agreements	4,468	6,566
Estimate of fair value measurement \| Level 3
Fair values, and carrying amounts financial instruments not recorded at fair value
Loans, net	$ 1,601,240	$ 1,646,207