Premier Financial Bancorp (PFBI) 10-Q 9 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 03, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	PREMIER FINANCIAL BANCORP INC
Entity Central Index Key	887,919
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		113,368,975
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 22,728	$ 40,814
Interest bearing bank balances	85,708	37,191
Federal funds sold	3,092	4,658
Cash and cash equivalents	111,528	82,663
Time deposits with other banks	2,582	2,582
Securities available for sale	297,692	278,466
Loans	1,027,653	1,049,052
Allowance for loan losses	(12,982)	(12,104)
Net loans	1,014,671	1,036,948
Federal Home Loan Bank stock, at cost	3,173	3,185
Premises and equipment, net	25,294	23,815
Real estate acquired through foreclosure	14,194	19,966
Interest receivable	3,764	4,043
Goodwill	35,371	35,371
Other intangible assets	2,990	3,375
Other assets	3,041	3,010
Total assets	1,514,300	1,493,424
Deposits
Non-interest bearing	358,370	332,588
Time deposits, $250,000 and over	62,452	63,905
Other interest bearing	873,334	876,182
Total deposits	1,294,156	1,272,675
Securities sold under agreements to repurchase	21,865	23,310
Other borrowed funds	3,800	5,000
Subordinated debt	5,391	5,376
Interest payable	462	393
Other liabilities	3,021	3,315
Total liabilities	1,328,695	1,310,069
Stockholders' equity
Common stock, no par value; 20,000,000 shares authorized; 13,362,796 shares issued and outstanding at June 30, 2018, and 13,345,535 shares issued and outstanding at December 31, 2017	110,727	110,445
Retained earnings	80,872	74,983
Accumulated other comprehensive income (loss)	(5,994)	(2,073)
Total stockholders' equity	185,605	183,355
Total liabilities and stockholders' equity	$ 1,514,300	$ 1,493,424

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical)	Jun. 30, 2018$ / sharesshares	Dec. 31, 2017$ / sharesshares
Stockholders' equity
Common stock, par value (in dollars per share) | $ / shares	$ 0	$ 0
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	13,362,796	13,345,535
Common stock, shares outstanding (in shares)	13,362,796	13,345,535

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Interest income
Loans, including fees	$ 13,684	$ 14,663	$ 27,718	$ 28,198
Securities available for sale
Taxable	1,634	1,464	3,042	2,809
Tax-exempt	55	64	114	136
Federal funds sold and other	380	182	678	339
Total interest income	15,753	16,373	31,552	31,482
Interest expense
Deposits	1,197	951	2,228	1,900
Repurchase agreements and other	7	7	15	14
Other borrowings	41	79	88	166
Subordinated debt	89	74	167	144
Total interest expense	1,334	1,111	2,498	2,224
Net interest income	14,419	15,262	29,054	29,258
Provision for loan losses	500	776	1,615	1,142
Net interest income after provision for loan losses	13,919	14,486	27,439	28,116
Non-interest income
Service charges on deposit accounts	1,066	1,089	2,160	2,065
Electronic banking income	892	833	1,709	1,613
Secondary market mortgage income	81	39	113	106
Other	192	173	315	367
Total non-interest income	2,231	2,134	4,297	4,151
Non-interest expenses
Salaries and employee benefits	5,043	4,973	9,821	9,943
Occupancy and equipment expenses	1,480	1,449	3,090	2,970
Outside data processing	1,277	1,355	2,526	2,675
Professional fees	399	277	735	525
Taxes, other than payroll, property and income	212	211	452	400
Write-downs, expenses, sales of other real estate owned, net	525	553	(361)	793
Amortization of intangibles	190	251	385	516
FDIC insurance	124	154	272	347
Other expenses	1,208	1,181	2,527	2,233
Total non-interest expenses	10,458	10,404	19,447	20,402
Income before income taxes	5,692	6,216	12,289	11,865
Provision for income taxes	1,317	2,297	2,781	4,282
Net income	$ 4,375	$ 3,919	$ 9,508	$ 7,583
Net income per share:
Basic (in dollars per share)	$ 0.33	$ 0.29	$ 0.71	$ 0.57
Diluted (in dollars per share)	$ 0.32	$ 0.29	$ 0.71	$ 0.57

CONSOLIDATED STATEMENTS OF INC5

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (Parenthetical)	Jun. 08, 2018
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) [Abstract]
Stock split ratio	1.25

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) [Abstract]
Net income	$ 4,375	$ 3,919	$ 9,508	$ 7,583
Other comprehensive income (loss):
Unrealized gains (losses) arising during the period	(1,101)	1,451	(4,963)	3,725
Reclassification of realized amount	0	0	0	0
Net change in unrealized gain (loss) on securities	(1,101)	1,451	(4,963)	3,725
Less tax impact	231	(508)	1,042	(1,304)
Other comprehensive income (loss)	(870)	943	(3,921)	2,421
Comprehensive income	$ 3,505	$ 4,862	$ 5,587	$ 10,004

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - 6 months ended Jun. 30, 2018 - USD ($) $ in Thousands	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balances at Dec. 31, 2017	$ 110,445	$ 74,983	$ (2,073)	$ 183,355
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	9,508	0	9,508
Other comprehensive income (loss)	0	0	(3,921)	(3,921)
Cash dividends paid ($0.27 per share)	0	(3,606)	0	(3,606)
Cash in lieu of fractional share for 5 for 4 stock split	0	(13)	0	(13)
Stock options exercised	101	0	0	101
Stock based compensation expense	181	0	0	181
Balances at Jun. 30, 2018	$ 110,727	$ 80,872	$ (5,994)	$ 185,605

CONSOLIDATED STATEMENT OF CHAN8

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) (Parenthetical)	6 Months Ended
	Jun. 30, 2018$ / shares
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) [Abstract]
Cash dividends paid (in dollars per share)	$ 0.27

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities
Net income	$ 9,508	$ 7,583
Adjustments to reconcile net income to net cash from operating activities
Depreciation	831	879
Provision for loan losses	1,615	1,142
Amortization (accretion), net	668	616
Writedowns (gains on the sale) of other real estate owned, net	(920)	349
Stock compensation expense	181	169
Changes in:
Interest receivable	279	225
Other assets	1,011	294
Interest payable	69	(12)
Other liabilities	(294)	(591)
Net cash from operating activities	12,948	10,654
Cash flows from investing activities
Net change on time deposits with other banks	0	(250)
Purchases of securities available for sale	(57,530)	(43,190)
Proceeds from maturities and calls of securities available for sale	32,574	33,291
Redemption of FHLB stock	12	15
Net change in loans	20,599	(13,077)
Purchases of premises and equipment, net	(2,310)	(305)
Proceeds from sales of other real estate acquired through foreclosure	7,266	1,462
Net cash from (used in) investing activities	611	(22,054)
Cash flows from financing activities
Net change in deposits	21,469	(2,190)
Net change in agreements to repurchase securities	(1,445)	(3,342)
Repayment of other borrowed funds	(1,200)	(1,859)
Proceeds from stock option exercises	101	138
Common stock dividends paid	(3,619)	(3,197)
Net cash from financing activities	15,306	(10,450)
Net change in cash and cash equivalents	28,865	(21,850)
Cash and cash equivalents at beginning of period	82,663	104,718
Cash and cash equivalents at end of period	111,528	82,868
Supplemental disclosures of cash flow information:
Cash paid during period for interest	2,429	2,236
Cash paid during period for income taxes	1,545	3,632
Loans transferred to real estate acquired through foreclosure	574	600
Premises transferred to other real estate owned	$ 0	$ 71

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2018
BASIS OF PRESENTATION [Abstract]
BASIS OF PRESENTATION	NOTE 1 - BASIS OF PRESENTATION The consolidated financial statements include the accounts of Premier Financial Bancorp, Inc. (the Company) and its wholly owned subsidiaries (the “Banks”): June 30, 2018 Year Total Net Income Subsidiary Location Acquired Assets Qtr YTD Citizens Deposit Bank & Trust Vanceburg, Kentucky 1991 $ 429,714 $ 1,394 $ 2,684 Premier Bank, Inc. Huntington, West Virginia 1998 1,077,580 3,592 8,078 Parent and Intercompany Eliminations 7,006 (611 ) (1,254 ) Consolidated Total $ 1,514,300 $ 4,375 $ 9,508 All significant intercompany transactions and balances have been eliminated. On June 8, 2018, Premier issued a 5 for 4 stock split to shareholders of record on June 4, 2018. Each shareholder received 1 additional share of common stock for every 4 shares of common stock already owned on the record date. Outstanding shares and per share amounts prior to the payment date have been restated to reflect the additional shares issued as a result of the stock split to aid in the comparison to current period results. During the first three months of 2018, management updated its policies regarding estimation of probable incurred losses. The updates included incorporating a common estimated loss ratio for all pass credits within a given loan classification, adding an additional qualitative factor for document exceptions on collectively impaired loans, and reallocating the qualitative portion of the allowance to align more closely to the inputs used to determine the qualitative portion. The previous methodology allocated a higher loss ratio to loans graded “Watch” to estimate a higher credit risk on these loans due to risk downgrades resulting from document exceptions. Loans graded “Watch” are considered pass credits. The changes did not have a material impact on the overall allowance for loan losses or the provision for loan losses for the three and six months ended June 30, 2018. Recently Issued Accounting Pronouncements In May 2014, FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) Management’s assessment on revenue recognition by following the five steps resulted in no material changes from the current revenue recognition because the majority of revenues earned by the Company are not within the scope of ASU 2014-09. As interest income on loans and securities are both excluded from Topic 606, the majority of revenue earned is not subject to the new guidance. Service charges on deposit accounts, debit card interchange fees, and ATM fees are services provided that fall within the scope of Topic 606 and are presented within non-interest income as revenue when the obligation to the customer is satisfied. Gains on the sale of OREO fall within the scope of Topic 606 and are recognized as a credit to non-interest expense as an offset to writedowns of carrying value and losses on the sale of OREO, as permitted. The Company adopted Topic 606 as of January 1, 2018 with no material change in how revenues are recognized in the Company’s financial statements. Significant items of non-interest income are described below. Service charges on deposit accounts – Debit card interchange fees - Non-customer ATM fees – Gain on sale of OREO – In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments Management is currently evaluating the impact of the adoption of this guidance on the Company’s financial statements. Upon adoption, an initial cumulative increase in the allowance for loan losses is currently anticipated by management along with a corresponding decrease in capital as permitted by the standard but cannot yet determine the one-time adjustment. In February 2018, the FASB issued ASU No. 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

SECURITIES

SECURITIES	6 Months Ended
	Jun. 30, 2018
SECURITIES [Abstract]
SECURITIES	NOTE 2 –SECURITIES Amortized cost and fair value of investment securities, by category, at June 30, 2018 are summarized as follows: 2018 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 214,588 $ 50 $ (6,170 ) $ 208,468 U. S. sponsored agency CMO’s - residential 67,247 36 (1,250 ) 66,033 Total mortgage-backed securities of government sponsored agencies 281,835 86 (7,420 ) 274,501 U. S. government sponsored agency securities 14,255 - (232 ) 14,023 Obligations of states and political subdivisions 9,189 36 (57 ) 9,168 Total available for sale $ 305,279 $ 122 $ (7,709 ) $ 297,692 Amortized cost and fair value of investment securities, by category, at December 31, 2017 are summarized as follows: 2017 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 198,631 $ 175 $ (2,216 ) $ 196,590 U. S. sponsored agency CMO’s - residential 51,548 241 (681 ) 51,108 Total mortgage-backed securities of government sponsored agencies 250,179 416 (2,897 ) 247,698 U. S. government sponsored agency securities 19,312 1 (179 ) 19,134 Obligations of states and political subdivisions 11,599 61 (26 ) 11,634 Total available for sale $ 281,090 $ 478 $ (3,102 ) $ 278,466 The amortized cost and fair value of securities at June 30, 2018 by contractual maturity are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized Cost Fair Value Available for sale Due in one year or less $ 7,792 $ 7,785 Due after one year through five years 12,857 12,702 Due after five years through ten years 2,795 2,704 Mortgage-backed securities of government sponsored agencies 281,835 274,501 Total available for sale $ 305,279 $ 297,692 Securities with unrealized losses at June 30, 2018 aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position are as follows: Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S government sponsored agency securities $ 2,005 $ (31 ) $ 12,018 $ (201 ) $ 14,023 $ (232 ) U.S government sponsored agency MBS – residential 158,444 (3,866 ) 48,235 (2,304 ) 206,679 (6,170 ) U.S government sponsored agency CMO – residential 41,235 (417 ) 15,843 (833 ) 57,078 (1,250 ) Obligations of states and political subdivisions 4,016 (49 ) 473 (8 ) 4,489 (57 ) Total temporarily impaired $ 205,700 $ (4,363 ) $ 76,569 $ (3,346 ) $ 282,269 $ (7,709 ) Securities with unrealized losses at December 31, 2017 aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position are as follows: Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S government sponsored agency securities $ 6,780 $ (41 ) $ 10,335 $ (138 ) $ 17,115 $ (179 ) U.S government sponsored agency MBS – residential 134,211 (1,076 ) 47,682 (1,140 ) 181,893 (2,216 ) U.S government sponsored agency CMO’s – residential 8,306 (64 ) 17,868 (617 ) 26,174 (681 ) Obligations of states and political subdivisions 3,512 (20 ) 474 (6 ) 3,986 (26 ) Total temporarily impaired $ 152,809 $ (1,201 ) $ 76,359 $ (1,901 ) $ 229,168 $ (3,102 ) The investment portfolio is predominately high credit quality interest-bearing bonds with defined maturity dates backed by the U.S. Government or Government sponsored entities. The unrealized losses at June 30, 2018 and December 31, 2017 are price changes resulting from changes in the interest rate environment and are considered to be temporary declines in the value of the securities. Management does not intend to sell and it is likely that management will not be required to sell the securities prior to their anticipated recovery. Their fair value is expected to recover as the bonds approach their maturity date and/or market conditions improve.

LOANS

LOANS	6 Months Ended
	Jun. 30, 2018
LOANS [Abstract]
LOANS	NOTE 3 - LOANS Major classifications of loans at June 30, 2018 and December 31, 2017 are summarized as follows: 2018 2017 Residential real estate $ 341,157 $ 338,829 Multifamily real estate 58,154 62,151 Commercial real estate: Owner occupied 136,795 136,048 Non-owner occupied 223,491 230,702 Commercial and industrial 78,358 78,259 Consumer 27,966 28,293 Construction and land 127,641 139,012 All other 34,091 35,758 $ 1,027,653 $ 1,049,052 Activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2018 was as follows: Loan Class Balance Dec 31, 2017 Provision (credit) for loan losses Loans charged- off Recoveries Balance June 30, 2018 Residential real estate $ 2,986 $ (609 ) $ (148 ) $ 25 $ 2,254 Multifamily real estate 978 (410 ) (11 ) - 557 Commercial real estate: Owner occupied 1,653 266 (3 ) 1 1,917 Non-owner occupied 2,313 140 (16 ) - 2,437 Commercial and industrial 1,101 976 (504 ) 26 1,599 Consumer 328 51 (63 ) 38 354 Construction and land 2,408 864 (19 ) - 3,253 All other 337 337 (130 ) 67 611 Total $ 12,104 $ 1,615 $ (894 ) $ 157 $ 12,982 Activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2017 was as follows: Loan Class Balance Dec 31, 2016 Provision (credit) for loan losses Loans charged- off Recoveries Balance June 30, 2017 Residential real estate $ 2,948 $ 193 $ (199 ) $ 31 $ 2,973 Multifamily real estate 785 552 - - 1,337 Commercial real estate: Owner occupied 1,543 (166 ) - 241 1,618 Non-owner occupied 2,350 (12 ) (4 ) - 2,334 Commercial and industrial 1,140 9 (134 ) 78 1,093 Consumer 347 138 (165 ) 53 373 Construction and land 1,397 392 (124 ) 10 1,675 All other 326 36 (140 ) 70 292 Total $ 10,836 $ 1,142 $ (766 ) $ 483 $ 11,695 Activity in the allowance for loan losses by portfolio segment for the three months ended June 30, 2018 was as follows: Loan Class Balance March 31, 2018 Provision (credit) for loan losses Loans charged- off Recoveries Balance June 30, 2018 Residential real estate $ 2,262 $ 82 $ (99 ) $ 9 $ 2,254 Multifamily real estate 647 (90 ) - - 557 Commercial real estate: Owner occupied 1,816 102 (1 ) - 1,917 Non-owner occupied 2,187 250 - - 2,437 Commercial and industrial 1,651 163 (237 ) 22 1,599 Consumer 369 2 (30 ) 13 354 Construction and land 3,302 (49 ) - - 3,253 All other 606 40 (63 ) 28 611 Total $ 12,840 $ 500 $ (430 ) $ 72 $ 12,982 Activity in the allowance for loan losses by portfolio segment for the three months ended June 30, 2017 was as follows: Loan Class Balance 2017 Provision (credit) for loan losses Loans charged- off Recoveries Balance June 30, 2017 Residential real estate $ 2,977 $ 64 $ (94 ) $ 26 $ 2,973 Multifamily real estate 770 567 - - 1,337 Commercial real estate: Owner occupied 1,576 (198 ) - 240 1,618 Non-owner occupied 2,422 (88 ) - - 2,334 Commercial and industrial 1,129 43 (134 ) 55 1,093 Consumer 370 22 (48 ) 29 373 Construction and land 1,313 358 - - 1,675 All other 332 9 (81 ) 32 292 Total $ 10,894 $ 776 $ (357 ) $ 382 $ 11,695 Purchased Impaired Loans The Company holds purchased loans for which there was, at their acquisition date, evidence of deterioration of credit quality since their origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans is as follows at June 30, 2018 and December 31, 2017. 2018 2017 Residential real estate $ 1,109 $ 1,321 Commercial real estate Owner occupied 1,410 1,508 Commercial and industrial 6 211 Construction and land 1,305 1,450 All other 286 286 Total carrying amount $ 4,116 $ 4,776 Contractual principal balance $ 5,765 $ 6,728 Carrying amount, net of allowance $ 4,116 $ 4,676 For those purchased loans disclosed above, the Company did not increase the allowance for loan losses during the six-months ended June 30, 2018, but did increase the allowance for loan losses by $50,000 during the six-months ended June 30, 2017. For those purchased loans disclosed above, where the Company can reasonably estimate the cash flows expected to be collected on the loans, a portion of the purchase discount is allocated to an accretable yield adjustment based upon the present value of the future estimated cash flows versus the current carrying value of the loan and the accretable yield portion is being recognized as interest income over the remaining life of the loan. Where the Company cannot reasonably estimate the cash flows expected to be collected on the loans, it has continued to account for those loans using the cost recovery method of income recognition. As such, no portion of a purchase discount adjustment has been determined to meet the definition of an accretable yield adjustment on those loans accounted for using the cost recovery method. If, in the future, cash flows from the borrower(s) can be reasonably estimated, a portion of the purchase discount would be allocated to an accretable yield adjustment based upon the present value of the future estimated cash flows versus the current carrying value of the loan and the accretable yield portion would be recognized as interest income over the remaining life of the loan. Until such accretable yield can be calculated, under the cost recovery method of income recognition, all payments will be used to reduce the carrying value of the loan and no income will be recognized on the loan until the carrying value is reduced to zero. Any loan accounted for under the cost recovery method is also still included as a non-accrual loan in the amounts presented in the tables below. The accretable yield, or income expected to be collected, on the purchased loans above is as follows at June 30, 2018 and June 30, 2017. 2018 2017 Balance at January 1 $ 754 $ 1,208 New loans purchased - - Accretion of income (80 ) (206 ) Loans placed on non-accrual (41 ) - Income recognized upon full repayment (38 ) (197 ) Reclassifications from non-accretable difference - - Disposals - - Balance at June 30 $ 595 $ 805 Past Due and Non-performing Loans The following tables present the recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans as of June 30, 2018 and December 31, 2017. The recorded investment in non-accrual loans is less than the principal owed on non-accrual loans due to discounts applied to the carrying value of the loan at time of their acquisition and interest payments made by the borrower which have been used to reduce the recorded investment in the loan rather than recognized as interest income. June 30, 2018 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 3,907 $ 3,246 $ 686 Multifamily real estate 1,984 1,972 - Commercial real estate Owner occupied 4,063 3,887 - Non-owner occupied 1,635 1,573 2,889 Commercial and industrial 1,017 438 47 Consumer 233 205 - Construction and land 4,803 4,711 27 All other 185 185 6 Total $ 17,827 $ 16,217 $ 3,655 December 31, 2017 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 2,944 $ 2,422 $ 869 Multifamily real estate 2,128 2,128 334 Commercial real estate Owner occupied 2,623 2,483 134 Non-owner occupied 1,862 1,755 85 Commercial and industrial 1,313 544 1,139 Consumer 268 241 - Construction and land 5,824 5,673 830 Total $ 16,962 $ 15,246 $ 3,391 Nonaccrual loans and impaired loans are defined differently. Some loans may be included in both categories, and some may only be included in one category. Nonaccrual loans include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. The following table presents the aging of the recorded investment in past due loans as of June 30, 2018 by class of loans: Loan Class Total Loans 30-89 Days Past Due Greater than 90 days past due Total Past Due Loans Not Past Due Residential real estate $ 341,157 $ 5,730 $ 2,145 $ 7,875 $ 333,282 Multifamily real estate 58,154 106 1,972 2,078 56,076 Commercial real estate: Owner occupied 136,795 249 1,512 1,761 135,034 Non-owner occupied 223,491 989 2,889 3,878 219,613 Commercial and industrial 78,358 56 239 295 78,063 Consumer 27,966 347 82 429 27,537 Construction and land 127,641 4,001 813 4,814 122,827 All other 34,091 - 191 191 33,900 Total $ 1,027,653 $ 11,478 $ 9,843 $ 21,321 $ 1,006,332 The following table presents the aging of the recorded investment in past due loans as of December 31, 2017 by class of loans: Loan Class Total Loans 30-89 Days Past Due Greater than 90 days past due Total Past Due Loans Not Past Due Residential real estate $ 338,829 $ 5,242 $ 1,835 $ 7,077 $ 331,752 Multifamily real estate 62,151 - 334 334 61,817 Commercial real estate: Owner occupied 136,048 311 1,784 2,095 133,953 Non-owner occupied 230,702 12 225 237 230,465 Commercial and industrial 78,259 123 1,611 1,734 76,525 Consumer 28,293 492 87 579 27,714 Construction and land 139,012 144 2,508 2,652 136,360 All other 35,758 - - - 35,758 Total $ 1,049,052 $ 6,324 $ 8,384 $ 14,708 $ 1,034,344 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2018: Allowance for Loan Losses Loan Balances Loan Class Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Residential real estate $ - $ 2,254 $ - $ 2,254 $ 298 $ 339,750 $ 1,109 $ 341,157 Multifamily real estate 72 485 - 557 1,972 56,182 - 58,154 Commercial real estate: Owner occupied 400 1,517 - 1,917 3,054 132,331 1,410 136,795 Non-owner occupied 79 2,358 - 2,437 7,564 215,927 - 223,491 Commercial and industrial 64 1,535 - 1,599 539 77,813 6 78,358 Consumer - 354 - 354 - 27,966 - 27,966 Construction and land 990 2,263 3,253 4,511 121,825 1,305 127,641 All other - 611 - 611 283 33,522 286 34,091 Total $ 1,605 $ 11,377 $ - $ 12,982 $ 18,221 $ 1,005,316 $ 4,116 $ 1,027,653 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2017: Allowance for Loan Losses Loan Balances Loan Class Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Residential real estate $ - $ 2,986 $ - $ 2,986 $ 308 $ 337,200 $ 1,321 $ 338,829 Multifamily real estate 218 760 - 978 2,462 59,689 - 62,151 Commercial real estate: Owner occupied 307 1,346 - 1,653 3,314 131,226 1,508 136,048 Non-owner occupied 88 2,225 - 2,313 11,578 219,124 - 230,702 Commercial and industrial 104 897 100 1,101 1,304 76,744 211 78,259 Consumer - 328 - 328 - 28,293 - 28,293 Construction and land 685 1,723 - 2,408 5,672 131,890 1,450 139,012 All other - 337 - 337 293 35,179 286 35,758 Total $ 1,402 $ 10,602 $ 100 $ 12,104 $ 24,931 $ 1,019,345 $ 4,776 $ 1,049,052 In the tables below, total individually evaluated impaired loans include certain purchased loans that were acquired with deteriorated credit quality that are still individually evaluated for impairment. The following table presents loans individually evaluated for impairment by class of loans as of June 30, 2018. The table does not include any loans acquired with deteriorated credit quality. Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated With no related allowance recorded: Residential real estate $ 434 $ 298 $ - Commercial real estate Owner occupied 2,187 2,186 - Non-owner occupied 5,611 5,557 - Commercial and industrial 1,005 474 - All other 284 284 - 9,521 8,799 - With an allowance recorded: Multifamily real estate 1,984 1,972 72 Commercial real estate Owner occupied 894 868 400 Non-owner occupied 2,007 2,007 79 Commercial and industrial 72 64 64 Construction and land 4,602 4,511 990 9,559 9,422 1,605 Total $ 19,080 $ 18,221 $ 1,605 The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2017. The table includes $199,000 of loans acquired with deteriorated credit quality for which the Company cannot reasonably estimate cash flows such that they are accounted for on the cost recovery method and are still individually evaluated for impairment. Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated With no related allowance recorded: Residential real estate $ 446 $ 308 $ - Multifamily real estate 334 334 - Commercial real estate Owner occupied 2,451 2,439 - Non-owner occupied 9,602 9,506 - Commercial and industrial 1,719 1,188 - Construction and land 1,798 1,678 - All other 293 293 - 16,643 15,746 - With an allowance recorded: Multifamily real estate $ 2,128 $ 2,128 $ 218 Commercial real estate Owner occupied 895 875 307 Non-owner occupied 2,072 2,072 88 Commercial and industrial 466 315 204 Construction and land 4,024 3,994 685 9,585 9,384 1,502 Total $ 26,228 $ 25,130 $ 1,502 The following table presents the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the six months ended June 30, 2018 and June 30, 2017. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Six months ended June 30, 2018 Six months ended June 30, 2017 Loan Class Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Residential real estate $ 302 $ - $ - $ 345 $ 1 $ 1 Multifamily real estate 2,287 11 11 13,611 130 121 Commercial real estate: Owner occupied 3,208 51 51 3,211 22 22 Non-owner occupied 9,535 241 241 2,079 61 61 Commercial and industrial 1,145 16 16 1,523 101 101 Construction and land 4,703 3 3 8,822 280 277 All other 288 4 4 307 9 9 Total $ 21,468 $ 326 $ 326 $ 29,898 $ 604 $ 592 The following table presents the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the three months ended June 30, 2018 and June 30, 2017. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Three months ended June 30, 2018 Three months ended June 30, 2017 Loan Class Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Residential real estate $ 299 $ - $ - $ 328 $ - $ - Multifamily real estate 2,199 1 1 13,596 65 59 Commercial real estate: Owner occupied 3,154 26 26 3,417 16 16 Non-owner occupied 8,514 105 105 1,932 29 29 Commercial and industrial 966 8 8 1,471 27 27 Construction and land 4,218 3 3 6,900 48 46 All other 286 - - 305 9 9 Total $ 19,636 $ 143 $ 143 $ 27,949 $ 194 $ 186 Troubled Debt Restructurings A loan is classified as a troubled debt restructuring ("TDR") when loan terms are modified due to a borrower's financial difficulties and a concession is granted to a borrower that would not have otherwise been considered. Most of the Company’s loan modifications involve a restructuring of loan terms prior to maturity to temporarily reduce the payment amount and/or to require only interest for a temporary period, usually up to six months. These modifications generally do not meet the definition of a TDR because the modifications are considered to be an insignificant delay in payment. The determination of an insignificant delay in payment is evaluated based on the facts and circumstances of the individual borrower(s). The following table presents TDR’s as of June 30, 2018 and December 31, 2017: June 30, 2018 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 357 $ 117 $ 474 Multifamily real estate 1,972 - 1,972 Commercial real estate Owner occupied 402 1,784 2,186 Non-owner occupied - 6,029 6,029 Commercial and industrial - 474 474 Construction and land 3,925 - 3,925 All other - 284 284 Total $ 6,656 $ 8,688 $ 15,344 December 31, 2017 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 393 $ 107 $ 500 Multifamily real estate 2,128 - 2,128 Commercial real estate Owner occupied 601 1,783 2,384 Non-owner occupied - 9,904 9,904 Commercial and industrial 56 497 553 Construction and land 3,994 - 3,994 All other - 293 293 Total $ 7,172 $ 12,584 $ 19,756 At June 30, 2018, $1,136,000 in specific reserves was allocated to loans that had restructured terms resulting in a provision for loan losses $163,000 for the six months ended and a negative provision of $216,000 for the three months ended June 30, 2018. This compares toto no provision for loan losses on restructured loans for the three and six months ended June 30, 2017. At December 31, 2017, $1,029,000 in specific reserves was allocated to loans that had restructured terms. There were no commitments to lend additional amounts to these borrowers. There were no new TDR’s that occurred during the three and six months ended June 30, 2018. The following table presents TDR’s that occurred during the three and six months ended June 30, 2017. Three months ended June 30, 2017 Six months ended June 30, 2017 Loan Class Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Commercial real estate Owner occupied 2 $ 1,525 $ 1,525 2 $ 1,525 $ 1,525 Commercial & industrial 1 191 191 1 191 191 Total 3 $ 1,716 $ 1,716 3 $ 1,716 $ 1,716 The modifications reported above for the six months ended June 30, 2017 involve one borrowing relationship that did not include any permanent reduction of the recorded investment in the loans nor change in the interest rate on the loans. The Company has modified the terms of the loans granting interest only payments during a period of loan rehabilitation. These periods have exceeded normal interest only periods customarily offered by the Company. During the three and six month ended June 30, 2017, the Company did not increase the allowance for loan losses related to these loans. During the three and six months ended June 30, 2018 and the three and six months ended June 30, 2017, there were no TDR’s for which there as a payment default within twelve months following the modification. A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms. Credit Quality Indicators: The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes non-homogeneous loans, such as commercial, commercial real estate, multifamily residential and commercial purpose loans secured by residential real estate, on a monthly basis. For consumer loans, including consumer loans secured by residential real estate, and smaller balance non-homogeneous loans, the analysis involves monitoring the performing status of the loan. At the time such loans become past due by 90 days or more, the Company evaluates the loan to determine if a change in risk category is warranted. The Company uses the following definitions for risk ratings: Special Mention. Loans classified as special mention have a potential weakness that deserves management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution's credit position at some future date. Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. As of June 30, 2018, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Loan Class Pass Special Mention Substandard Doubtful Total Loans Residential real estate $ 331,254 $ 1,120 $ 8,783 $ - $ 341,157 Multifamily real estate 51,196 4,986 1,972 - 58,154 Commercial real estate: Owner occupied 125,261 5,060 6,474 - 136,795 Non-owner occupied 212,252 3,018 8,221 - 223,491 Commercial and industrial 71,370 4,234 2,754 - 78,358 Consumer 27,616 - 350 - 27,966 Construction and land 112,956 8,647 6,038 - 127,641 All other 32,783 838 470 - 34,091 Total $ 964,688 $ 27,903 $ 35,062 $ - $ 1,027,653 As of December 31, 2017, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Loan Class Pass Special Mention Substandard Doubtful Total Loans Residential real estate $ 327,185 $ 667 $ 10,976 $ 1 $ 338,829 Multifamily real estate 55,084 4,605 2,462 - 62,151 Commercial real estate: Owner occupied 124,244 4,937 6,867 - 136,048 Non-owner occupied 216,079 2,428 12,195 - 230,702 Commercial and industrial 70,078 5,851 2,330 - 78,259 Consumer 27,889 - 404 - 28,293 Construction and land 126,323 5,460 7,229 139,012 All other 34,468 795 495 - 35,758 Total $ 981,350 $ 24,743 $ 42,958 $ 1 $ 1,049,052

STOCKHOLDERS' EQUITY AND REGULA

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS	6 Months Ended
	Jun. 30, 2018
STOCKHOLDERS' EQUITY AND REGULATORY MATTERS [Abstract]
STOCKHOLDERS' EQUITY AND REGULATORY MATTERS	NOTE 4- STOCKHOLDERS’ EQUITY AND REGULATORY MATTERS The Company’s principal source of funds for dividend payments to shareholders is dividends received from the subsidiary Banks. Banking regulations limit the amount of dividends that may be paid without prior approval of regulatory agencies. Under these regulations, the amount of dividends that may be paid in any calendar year is limited to the current year’s net profits, as defined, combined with the retained net profits of the preceding two years, subject to the capital requirements and additional restrictions as discussed below. During 2018 the Banks could, without prior approval, declare dividends to the Company of approximately $7.7 million plus any 2018 net profits retained to the date of the dividend declaration. The Company and the subsidiary Banks are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Banks must meet specific guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. These quantitative measures established by regulation to ensure capital adequacy require the Company and Banks to maintain minimum amounts and ratios (set forth in the following tables). The final rules implementing the Basel Committee on Banking Supervision’s capital guidelines for U.S. Banks (Basel III rules) became effective for the Company and Banks on January 1, 2015 with full compliance with all of the requirements being phased in over a multi-year schedule by January 1, 2019. The net unrealized gain or loss on available for sale securities is not included in computing regulatory capital. Management believes, as of June 30, 2018, that the Company and the Banks meet all quantitative capital adequacy requirements to which they are subject. Shown below is a summary of regulatory capital ratios, exclusive of the capital conservation buffer, for the Company: June 30, 2018 December 31, 2017 Regulatory Minimum Requirements To Be Considered Well Capitalized Common Equity Tier 1 Capital (to Risk-Weighted Assets) 14.8 % 13.9 % 4.5 % 6.5 % Tier 1 Capital (to Risk-Weighted Assets) 15.3 % 14.4 % 6.0 % 8.0 % Total Capital (to Risk-Weighted Assets) 16.6 % 15.6 % 8.0 % 10.0 % Tier 1 Capital (to Average Assets) 10.9 % 10.7 % 4.0 % 5.0 % Beginning on January 1, 2016 an additional capital conservation buffer has been added to the minimum regulatory capital ratios under the regulatory framework for prompt corrective action. The capital conservation buffer will be measured as a percentage of risk weighted assets and will be phased-in over a four year period from 2016 thru 2019. The required capital conservation buffer was 1.25% in 2017, and is 1.875% in 2018. When fully implemented, the capital conservation buffer will be 2.50% of risk weighted assets over and above the regulatory minimum capital ratios for Common Equity Tier 1 Capital (CET1) to risk weighted assets, Tier 1 Capital to risk weighted assets, and Total Capital to risk weighted assets. The consequences of not meeting the capital conservation buffer thresholds include restrictions on the payment of dividends, restrictions on the payment of discretionary bonuses, and restrictions on the repurchasing of common shares by the Company. The capital ratios of the Affiliate Banks and the Company already exceed the new minimum capital ratios plus the fully phased-in 2.50% capital buffer requiring a CET1 Capital to risk weighted assets ratio of at least 7.00%, a Tier 1 Capital to risk weighted assets ratio of at least 8.50%, and a Total Capital to risk weighted assets ratio of at least 10.50%. The Company’s capital conservation buffer was 8.56% at June 30, 2018 and 7.56% at December 31, 2017, well in excess of the fully phased-in 2.50% required by March 31, 2019.

STOCK COMPENSATION EXPENSE

STOCK COMPENSATION EXPENSE	6 Months Ended
	Jun. 30, 2018
STOCK COMPENSATION EXPENSE [Abstract]
STOCK COMPENSATION EXPENSE	NOTE 5 – STOCK COMPENSATION EXPENSE From time to time the Company grants stock options to its employees. The Company estimates the fair value of the options at the time they are granted to employees and expenses that fair value over the vesting period of the option grant. On March 21, 2018, 67,875 incentive stock options were granted under the 2012 Long Term Incentive Plan at an exercise price of $15.12, the closing market price of Premier’s common stock on the grant date. These options vest in three equal annual installments ending on March 21, 2021. On March 15, 2017, 69,375 incentive stock options were granted under the 2012 Long Term Incentive Plan at an exercise price of $15.21, the closing market price of Premier’s common stock on the grant date. These options vest in three equal annual installments ending on March 15, 2020. On April 25, 2018, 7,500 shares of Premier’s common stock were granted to President and CEO, Robert W. Walker as stock-based bonus compensation under the 2012 Long-term Incentive Plan. The fair value of the stock at the time of the grant was $15.82 per share based upon the closing price of Premier’s stock on the date of grant and $119,000 of stock-based compensation was recorded as a result. On April 19, 2017, 7,500 shares of Premier’s common stock were granted to President and CEO, Robert W. Walker as stock-based bonus compensation under the 2012 Long-term Incentive Plan. The fair value of the stock at the time of the grant was $16.56 per share based upon the closing price of Premier’s stock on the date of grant and $124,000 of stock-based compensation was recorded as a result. Compensation expense of $181,000 was recorded for the first six months of 2018 while $169,000 was recorded for the first six months of 2017. Stock-based compensation expense related to incentive stock option grants is recognized ratably over the requisite vesting period for all awards. Unrecognized stock-based compensation expense related to stock options totaled $173,000 at June 30, 2018. This unrecognized expense is expected to be recognized over the next 32 months based on the vesting periods of the options.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2018
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	NOTE 6 – EARNINGS PER SHARE A reconciliation of the numerators and denominators of the earnings per common share and earnings per common share assuming dilution computations for the three and six months ended June 30, 2018 and 2017 is presented below: Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic earnings per share Income available to common stockholders $ 4,375 $ 3,919 $ 9,508 $ 7,583 Weighted average common shares outstanding 13,355,564 13,320,438 13,350,995 13,312,188 Earnings per share $ 0.33 $ 0.29 $ 0.71 $ 0.57 Diluted earnings per share Income available to common stockholders $ 4,375 $ 3,919 $ 9,508 $ 7,583 Weighted average common shares outstanding 13,355,564 13,320,438 13,350,995 13,312,188 Add dilutive effects of potential additional common stock 106,593 111,230 91,381 103,925 Weighted average common and dilutive potential common shares outstanding 13,462,157 13,431,668 13,442,376 13,416,113 Earnings per share assuming dilution $ 0.32 $ 0.29 $ 0.71 $ 0.57 There were no stock options considered antidilutive for the six months ended June 30, 2018 and 2017. There were no stock options considered antidilutive for the three months ended June 30, 2018 and 2017. On June 8, 2018, Premier issued a 5 for 4 stock split to shareholders of record on June 4, 2018. Each shareholder received 1 additional share of common stock for every 4 shares of common stock already owned on the record date. Outstanding shares and per share amounts prior to the payment date have been restated to reflect the additional shares issued as a result of the stock split to aid in the comparison to current period results.

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 30, 2018
FAIR VALUE [Abstract]
FAIR VALUE	NOTE 7 – FAIR VALUE Fair value is the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair value: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. When possible, the Company looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to observable market data for similar assets and liabilities. However, certain assets and liabilities are not traded in observable markets and the Company must use other valuation methods to develop a fair value. Carrying amount is the estimated fair value for cash and due from banks, Federal funds sold, accrued interest receivable and payable, demand deposits, short-term debt, and deposits that reprice frequently and fully. Fair values of time deposits with other banks are based on current rates for similar time deposits using the remaining time to maturity. It was not practicable to determine the fair value of Federal Home Loan Bank stock due to the restrictions placed on its transferability. For deposits and variable rate deposits with infrequent repricing, fair value is based on discounted cash flows using current market rates applied to the estimated life. The methodology for the fair value valuation of loans held for investment has been impacted by the adoption of ASU 2016-01. Fair values for loans had been previously based upon the measured at the entry price notion by using the discounted cash flow or collateral value. The newly adopted exit price notion uses the same approach but also incorporates additional factors such as using economic factors, credit risk, and market rates and conditions. The new definition using the exit price focuses on the price that would be received to sell the asset or paid to transfer the liability, not the price that would be paid to acquire the asset or received to assume the liability. As of June 30, 2018, the technique used by the Company to estimate the exit price of the loan portfolio consists of similar procedures to those used as of December 31, 2017, but with added emphasis on both illiquidity risk and credit risk not captured by the previously applied entry price notion. This credit risk assumption is intended to approximate the fair value that a market participant would realize in a hypothetical orderly transaction. The Company’s loan portfolio is initially fair valued using a segmented approach, using the eight categories as disclosed in Note 3 – Loans. Fair values for impaired loans are estimated using discounted cash flow analysis or underlying collateral values. Fair value of debt is based on current rates for similar financing. The fair value of commitments to extend credit and standby letters of credit is not material. The Company used the following methods and significant assumptions to estimate the fair value of each type of financial instrument measured on a recurring basis: Investment Securities: The fair values for investment securities are determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values are calculated based on market prices of similar securities (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). The carrying amounts and estimated fair values of financial instruments at June 30, 2018 were as follows: Fair Value Measurements at June 30, 2018 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 108,436 $ 108,436 $ - $ - $ 108,436 Time deposits with other banks 2,582 - 2,569 - 2,569 Federal funds sold 3,092 3,092 - - 3,092 Securities available for sale 297,692 - 297,692 - 297,692 Loans, net 1,014,671 - - 1,005,002 1,005,002 Federal Home Loan Bank stock 3,173 n/a n/a n/a n/a Interest receivable 3,764 - 763 3,001 3,764 Financial liabilities Deposits $ (1,294,156 ) $ (954,185 ) $ (333,058 ) $ - $ (1,287,243 ) Securities sold under agreements to repurchase (21,865 ) - (21,865 ) - (21,865 ) Other borrowed funds (3,800 ) - (3,747 ) - (3,747 ) Subordinated debt (5,391 ) - (5,500 ) - (5,500 ) Interest payable (462 ) (10 ) (452 ) - (462 ) The carrying amounts and estimated fair values of financial instruments at December 31, 2017 were as follows: Fair Value Measurements at December 31, 2017 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 78,005 $ 78,005 $ - $ - $ 78,005 Time deposits with other banks 2,582 - 2,581 - 2,581 Federal funds sold 4,658 4,658 - - 4,658 Securities available for sale 278,466 - 278,466 - 278,466 Loans, net 1,036,948 - - 1,016,723 1,016,723 Federal Home Loan Bank stock 3,185 n/a n/a n/a n/a Interest receivable 4,043 - 700 3,343 4,043 Financial liabilities Deposits $ (1,272,675 ) $ (929,202 ) $ (338,291 ) $ - $ (1,267,493 ) Securities sold under agreements to repurchase (23,310 ) - (23,310 ) - (23,310 ) Other borrowed funds (5,000 ) - (4,955 ) - (4,955 ) Subordinated debt (5,376 ) - (5,439 ) - (5,439 ) Interest payable (393 ) (7 ) (386 ) - (393 ) Assets and Liabilities Measured on a Recurring Basis Assets and liabilities measured at fair value on a recurring basis are summarized below: Fair Value Measurements at June 30, 2018 Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Available for sale Mortgage-backed securities U. S. agency MBS - residential $ 208,468 $ - $ 208,468 $ - U. S. agency CMO’s - residential 66,033 - 66,033 - Total mortgage-backed securities of government sponsored agencies 274,501 - 274,501 - U. S. government sponsored agency securities 14,023 - 14,023 - Obligations of states and political subdivisions 9,168 - 9,168 - Total securities available for sale $ 297,692 $ - $ 297,692 $ - Fair Value Measurements at December 31, 2017 Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Available for sale Mortgage-backed securities U. S. agency MBS - residential $ 196,590 $ - $ 196,590 $ - U. S. agency CMO’s 51,108 - 51,108 - Total mortgage-backed securities of government sponsored agencies 247,698 - 247,698 - U. S. government sponsored agency securities 19,134 - 19,134 - Obligations of states and political subdivisions 11,634 - 11,634 - Total securities available for sale $ 278,466 $ - $ 278,466 $ - There were no transfers between Level 1 and Level 2 during 2018 or 2017. Assets and Liabilities Measured on a Non-Recurring Basis The Company used the following methods and significant assumptions to estimate the fair value of each type of financial instrument measured on a non-recurring basis: Impaired loans: Other real estate owned (OREO): Assets and liabilities measured at fair value on a non-recurring basis at June 30, 2018 are summarized below: Fair Value Measurements at June 30, 2018 Using Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans: Multifamily real estate $ 1,900 $ - $ - $ 1,900 Commercial real estate Owner occupied 468 - - 468 Non-owner occupied 1,928 - - 1,928 Construction and land 3,521 - - 3,521 Total impaired loans $ 7,817 $ - $ - $ 7,817 Other real estate owned: Residential real estate $ 372 $ - $ - $ 372 Commercial real estate Owner occupied 175 - - 175 Non-owner occupied 200 - - 200 Construction and land 150 - - 150 Total OREO $ 897 $ - $ - $ 897 Impaired loans, which are measured for impairment using the fair value of the collateral for collateral dependent loans, had a carrying amount of $9,423,000 at June 30, 2018 with a valuation allowance of $1,605,000 and a carrying amount of $9,384,000 at December 31, 2017 with a valuation allowance of $1,502,000. The change resulted in a provision for loan losses of $520,000 for the six-months ended June 30, 2018, compared to a $763,000 provision for loan losses for the six-months ended June 30, 2017 and a $187,000 decrease in provision for loans losses for the three months ended June 30, 2018, compared to a $678,000 provision for loan losses for the three months ended June 30, 2017. The detail of impaired loans by loan class is contained in Note 3 above. Other real estate owned measured at fair value less costs to sell, had a net carrying amount of $897,000 which is made up of the outstanding balance of $1,638,000 net of a valuation allowance of $741,000 at June 30, 2018. There were $120,000 of write downs during the six months ended June 30, 2018, compared to $363,000 of write downs during the six months ended June 30, 2017. For the three months ended June 30, 2018 there were $120,000 of additional write downs compared to $324,000 of additional write downs during the three months ended June 30, 2017. At December 31, 2017, other real estate owned had a net carrying amount of $2,641,000, made up of the outstanding balance of $4,082,000, net of a valuation allowance of $1,441,000. The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at June 30, 2018 are summarized below: June 30, 2018 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 1,900 sales comparison adjustment for estimated realizable value 46.7%-46.7% (46.7 %) Commercial real estate Owner occupied 468 sales comparison adjustment for estimated realizable value 36.9%-36.9% (36.9 %) Non-owner occupied 1,928 income approach adjustment for differences in net operating income expectations 67.4%-67.4% (67.4 %) Construction and land 3,521 sales comparison adjustment for percentage of completion of construction 25.1%-35.8% (34.1 %) Total impaired loans $ 7,817 Other real estate owned: Residential real estate $ 372 sales comparison adjustment for estimated realizable value 9.2%-19.2% (13.5 %) Commercial real estate Owner occupied 175 sales comparison adjustment for estimated realizable value 21.8%-21.8% (21.8 %) Non-owner occupied 200 sales comparison adjustment for estimated realizable value 58.9%-58.9% (58.9 %) Construction and land 150 sales comparison adjustment for estimated realizable value 50.3%-50.3% (50.3 %) Total OREO $ 897 Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2017 are summarized below: Fair Value Measurements at December 31, 2017 Using Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans: Multifamily real estate $ 1,910 $ - $ - $ 1,910 Commercial real estate Owner occupied 568 - - 568 Non-owner occupied 1,984 - - 1,984 Commercial and industrial 111 - - 111 Construction and land 3,309 - - 3,309 Total impaired loans $ 7,882 $ - $ - $ 7,882 Other real estate owned: Residential real estate $ 352 $ - $ - $ 352 Commercial real estate Owner occupied 175 - - 175 Non-owner occupied 200 - - 200 Construction and land 1,914 - - 1,914 Total OREO $ 2,641 $ - $ - $ 2,641 The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at December 31, 2017 are summarized below: December 31, 2017 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 1,910 sales comparison adjustment for estimated realizable value 46.0%-46.7% (46.4 %) Commercial real estate Owner occupied 568 sales comparison adjustment for estimated realizable value 23.1%-23.1% (23.1 %) Non-owner occupied 1,984 income approach adjustment for differences in net operating income expectations 67.4%-67.4% (67.4 %) Commercial and industrial 111 sales comparison adjustment for estimated realizable value 8.0%-71.1% (64.2 %) Construction and land 3,309 sales comparison adjustment for percentage of completion of construction 27.7%-27.7% (27.7 %) Total impaired loans $ 7,882 Other real estate owned: Residential real estate $ 352 sales comparison adjustment for estimated realizable value 8.8%-50.2% (20.0 %) Commercial real estate Owner occupied 175 sales comparison adjustment for estimated realizable value 21.8%-21.8% (21.8 %) Non-owner occupied 200 sales comparison adjustment for estimated realizable value 58.9%-58.9% (58.9 %) Construction and land 1,914 sales comparison adjustment for estimated realizable value 25.2%-69.0% (27.8 %) Total OREO $ 2,641

PENDING ACQUISITION

PENDING ACQUISITION	6 Months Ended
	Jun. 30, 2018
PENDING ACQUISITION [Abstract]
PENDING ACQUISITION	NOTE 8 – PENDING ACQUISITION On April 18, 2018, Premier Financial Bancorp, Inc. (“Premier”) entered into a material definitive merger agreement (the “Merger Agreement”) with First Bank of Charleston, Inc. (“First Bank”), a $180 million bank (as of June 30, 2018) headquartered in Charleston, West Virginia whereby Premier will acquire First Bank in exchange for a combination of cash and Premier common stock currently valued at approximately $33.0 million. Under terms of the definitive agreement, First Bank shareholders will be entitled to a combination of Premier common stock and cash currently valued at approximately $32.00 per First Bank share, or an aggregate value of $33.0 million, including $5.00 per share in cash from Premier and a $5.00 per share special dividend from First Bank. Under a floating exchange ratio, Premier would issue approximately 1.165 million shares in the acquisition assuming Premier’s closing price of $19.51 per share (the weighted average of daily closing trade price of Premier common stock during the 20 consecutive trading days ending on July 23, 2018.) The transaction, which is subject to satisfaction of various contractual conditions, requires approval by bank regulatory agencies and the shareholders of First Bank and approval of Premier shareholders for the issuance of shares. Premier’s registration statement on Form S-4 became effective on July 27, 2018. The transaction is anticipated to close in the fourth quarter of 2018 with a systems conversion anticipated to be completed soon thereafter.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2018
BASIS OF PRESENTATION [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) Management’s assessment on revenue recognition by following the five steps resulted in no material changes from the current revenue recognition because the majority of revenues earned by the Company are not within the scope of ASU 2014-09. As interest income on loans and securities are both excluded from Topic 606, the majority of revenue earned is not subject to the new guidance. Service charges on deposit accounts, debit card interchange fees, and ATM fees are services provided that fall within the scope of Topic 606 and are presented within non-interest income as revenue when the obligation to the customer is satisfied. Gains on the sale of OREO fall within the scope of Topic 606 and are recognized as a credit to non-interest expense as an offset to writedowns of carrying value and losses on the sale of OREO, as permitted. The Company adopted Topic 606 as of January 1, 2018 with no material change in how revenues are recognized in the Company’s financial statements. Significant items of non-interest income are described below. Service charges on deposit accounts – Debit card interchange fees - Non-customer ATM fees – Gain on sale of OREO – In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments Management is currently evaluating the impact of the adoption of this guidance on the Company’s financial statements. Upon adoption, an initial cumulative increase in the allowance for loan losses is currently anticipated by management along with a corresponding decrease in capital as permitted by the standard but cannot yet determine the one-time adjustment. In February 2018, the FASB issued ASU No. 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

BASIS OF PRESENTATION (Tables)

BASIS OF PRESENTATION (Tables)	6 Months Ended
	Jun. 30, 2018
BASIS OF PRESENTATION [Abstract]
Accounts of the Company and its Wholly Owned Subsidiaries	The consolidated financial statements include the accounts of Premier Financial Bancorp, Inc. (the Company) and its wholly owned subsidiaries (the “Banks”): June 30, 2018 Year Total Net Income Subsidiary Location Acquired Assets Qtr YTD Citizens Deposit Bank & Trust Vanceburg, Kentucky 1991 $ 429,714 $ 1,394 $ 2,684 Premier Bank, Inc. Huntington, West Virginia 1998 1,077,580 3,592 8,078 Parent and Intercompany Eliminations 7,006 (611 ) (1,254 ) Consolidated Total $ 1,514,300 $ 4,375 $ 9,508

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2018
SECURITIES [Abstract]
Amortized Cost and Fair Value of Investment Securities, by Category	Amortized cost and fair value of investment securities, by category, at June 30, 2018 are summarized as follows: 2018 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 214,588 $ 50 $ (6,170 ) $ 208,468 U. S. sponsored agency CMO’s - residential 67,247 36 (1,250 ) 66,033 Total mortgage-backed securities of government sponsored agencies 281,835 86 (7,420 ) 274,501 U. S. government sponsored agency securities 14,255 - (232 ) 14,023 Obligations of states and political subdivisions 9,189 36 (57 ) 9,168 Total available for sale $ 305,279 $ 122 $ (7,709 ) $ 297,692 Amortized cost and fair value of investment securities, by category, at December 31, 2017 are summarized as follows: 2017 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 198,631 $ 175 $ (2,216 ) $ 196,590 U. S. sponsored agency CMO’s - residential 51,548 241 (681 ) 51,108 Total mortgage-backed securities of government sponsored agencies 250,179 416 (2,897 ) 247,698 U. S. government sponsored agency securities 19,312 1 (179 ) 19,134 Obligations of states and political subdivisions 11,599 61 (26 ) 11,634 Total available for sale $ 281,090 $ 478 $ (3,102 ) $ 278,466
Amortized Cost and Fair Value of Securities by Contractual Maturity	The amortized cost and fair value of securities at June 30, 2018 by contractual maturity are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized Cost Fair Value Available for sale Due in one year or less $ 7,792 $ 7,785 Due after one year through five years 12,857 12,702 Due after five years through ten years 2,795 2,704 Mortgage-backed securities of government sponsored agencies 281,835 274,501 Total available for sale $ 305,279 $ 297,692
Securities with Unrealized Losses in Continuous Unrealized Loss Position	Securities with unrealized losses at June 30, 2018 aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position are as follows: Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S government sponsored agency securities $ 2,005 $ (31 ) $ 12,018 $ (201 ) $ 14,023 $ (232 ) U.S government sponsored agency MBS – residential 158,444 (3,866 ) 48,235 (2,304 ) 206,679 (6,170 ) U.S government sponsored agency CMO – residential 41,235 (417 ) 15,843 (833 ) 57,078 (1,250 ) Obligations of states and political subdivisions 4,016 (49 ) 473 (8 ) 4,489 (57 ) Total temporarily impaired $ 205,700 $ (4,363 ) $ 76,569 $ (3,346 ) $ 282,269 $ (7,709 ) Securities with unrealized losses at December 31, 2017 aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position are as follows: Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S government sponsored agency securities $ 6,780 $ (41 ) $ 10,335 $ (138 ) $ 17,115 $ (179 ) U.S government sponsored agency MBS – residential 134,211 (1,076 ) 47,682 (1,140 ) 181,893 (2,216 ) U.S government sponsored agency CMO’s – residential 8,306 (64 ) 17,868 (617 ) 26,174 (681 ) Obligations of states and political subdivisions 3,512 (20 ) 474 (6 ) 3,986 (26 ) Total temporarily impaired $ 152,809 $ (1,201 ) $ 76,359 $ (1,901 ) $ 229,168 $ (3,102 )

LOANS (Tables)

LOANS (Tables)	6 Months Ended
	Jun. 30, 2018
LOANS [Abstract]
Major Classifications of Loans	Major classifications of loans at June 30, 2018 and December 31, 2017 are summarized as follows: 2018 2017 Residential real estate $ 341,157 $ 338,829 Multifamily real estate 58,154 62,151 Commercial real estate: Owner occupied 136,795 136,048 Non-owner occupied 223,491 230,702 Commercial and industrial 78,358 78,259 Consumer 27,966 28,293 Construction and land 127,641 139,012 All other 34,091 35,758 $ 1,027,653 $ 1,049,052
Activity in the Allowance for Loan Losses by Portfolio Segment	Activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2018 was as follows: Loan Class Balance Dec 31, 2017 Provision (credit) for loan losses Loans charged- off Recoveries Balance June 30, 2018 Residential real estate $ 2,986 $ (609 ) $ (148 ) $ 25 $ 2,254 Multifamily real estate 978 (410 ) (11 ) - 557 Commercial real estate: Owner occupied 1,653 266 (3 ) 1 1,917 Non-owner occupied 2,313 140 (16 ) - 2,437 Commercial and industrial 1,101 976 (504 ) 26 1,599 Consumer 328 51 (63 ) 38 354 Construction and land 2,408 864 (19 ) - 3,253 All other 337 337 (130 ) 67 611 Total $ 12,104 $ 1,615 $ (894 ) $ 157 $ 12,982 Activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2017 was as follows: Loan Class Balance Dec 31, 2016 Provision (credit) for loan losses Loans charged- off Recoveries Balance June 30, 2017 Residential real estate $ 2,948 $ 193 $ (199 ) $ 31 $ 2,973 Multifamily real estate 785 552 - - 1,337 Commercial real estate: Owner occupied 1,543 (166 ) - 241 1,618 Non-owner occupied 2,350 (12 ) (4 ) - 2,334 Commercial and industrial 1,140 9 (134 ) 78 1,093 Consumer 347 138 (165 ) 53 373 Construction and land 1,397 392 (124 ) 10 1,675 All other 326 36 (140 ) 70 292 Total $ 10,836 $ 1,142 $ (766 ) $ 483 $ 11,695 Activity in the allowance for loan losses by portfolio segment for the three months ended June 30, 2018 was as follows: Loan Class Balance March 31, 2018 Provision (credit) for loan losses Loans charged- off Recoveries Balance June 30, 2018 Residential real estate $ 2,262 $ 82 $ (99 ) $ 9 $ 2,254 Multifamily real estate 647 (90 ) - - 557 Commercial real estate: Owner occupied 1,816 102 (1 ) - 1,917 Non-owner occupied 2,187 250 - - 2,437 Commercial and industrial 1,651 163 (237 ) 22 1,599 Consumer 369 2 (30 ) 13 354 Construction and land 3,302 (49 ) - - 3,253 All other 606 40 (63 ) 28 611 Total $ 12,840 $ 500 $ (430 ) $ 72 $ 12,982 Activity in the allowance for loan losses by portfolio segment for the three months ended June 30, 2017 was as follows: Loan Class Balance 2017 Provision (credit) for loan losses Loans charged- off Recoveries Balance June 30, 2017 Residential real estate $ 2,977 $ 64 $ (94 ) $ 26 $ 2,973 Multifamily real estate 770 567 - - 1,337 Commercial real estate: Owner occupied 1,576 (198 ) - 240 1,618 Non-owner occupied 2,422 (88 ) - - 2,334 Commercial and industrial 1,129 43 (134 ) 55 1,093 Consumer 370 22 (48 ) 29 373 Construction and land 1,313 358 - - 1,675 All other 332 9 (81 ) 32 292 Total $ 10,894 $ 776 $ (357 ) $ 382 $ 11,695
Purchased Impaired Loans	The carrying amount of those loans is as follows at June 30, 2018 and December 31, 2017. 2018 2017 Residential real estate $ 1,109 $ 1,321 Commercial real estate Owner occupied 1,410 1,508 Commercial and industrial 6 211 Construction and land 1,305 1,450 All other 286 286 Total carrying amount $ 4,116 $ 4,776 Contractual principal balance $ 5,765 $ 6,728 Carrying amount, net of allowance $ 4,116 $ 4,676
Purchase Loans Accretable Yield, or Income Expected to be Collected	The accretable yield, or income expected to be collected, on the purchased loans above is as follows at June 30, 2018 and June 30, 2017. 2018 2017 Balance at January 1 $ 754 $ 1,208 New loans purchased - - Accretion of income (80 ) (206 ) Loans placed on non-accrual (41 ) - Income recognized upon full repayment (38 ) (197 ) Reclassifications from non-accretable difference - - Disposals - - Balance at June 30 $ 595 $ 805
Past Due and Non-performing Loans	The following tables present the recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans as of June 30, 2018 and December 31, 2017. The recorded investment in non-accrual loans is less than the principal owed on non-accrual loans due to discounts applied to the carrying value of the loan at time of their acquisition and interest payments made by the borrower which have been used to reduce the recorded investment in the loan rather than recognized as interest income. June 30, 2018 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 3,907 $ 3,246 $ 686 Multifamily real estate 1,984 1,972 - Commercial real estate Owner occupied 4,063 3,887 - Non-owner occupied 1,635 1,573 2,889 Commercial and industrial 1,017 438 47 Consumer 233 205 - Construction and land 4,803 4,711 27 All other 185 185 6 Total $ 17,827 $ 16,217 $ 3,655 December 31, 2017 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 2,944 $ 2,422 $ 869 Multifamily real estate 2,128 2,128 334 Commercial real estate Owner occupied 2,623 2,483 134 Non-owner occupied 1,862 1,755 85 Commercial and industrial 1,313 544 1,139 Consumer 268 241 - Construction and land 5,824 5,673 830 Total $ 16,962 $ 15,246 $ 3,391
Aging of Recorded Investment in Past Due Loans by Loan Class	The following table presents the aging of the recorded investment in past due loans as of June 30, 2018 by class of loans: Loan Class Total Loans 30-89 Days Past Due Greater than 90 days past due Total Past Due Loans Not Past Due Residential real estate $ 341,157 $ 5,730 $ 2,145 $ 7,875 $ 333,282 Multifamily real estate 58,154 106 1,972 2,078 56,076 Commercial real estate: Owner occupied 136,795 249 1,512 1,761 135,034 Non-owner occupied 223,491 989 2,889 3,878 219,613 Commercial and industrial 78,358 56 239 295 78,063 Consumer 27,966 347 82 429 27,537 Construction and land 127,641 4,001 813 4,814 122,827 All other 34,091 - 191 191 33,900 Total $ 1,027,653 $ 11,478 $ 9,843 $ 21,321 $ 1,006,332 The following table presents the aging of the recorded investment in past due loans as of December 31, 2017 by class of loans: Loan Class Total Loans 30-89 Days Past Due Greater than 90 days past due Total Past Due Loans Not Past Due Residential real estate $ 338,829 $ 5,242 $ 1,835 $ 7,077 $ 331,752 Multifamily real estate 62,151 - 334 334 61,817 Commercial real estate: Owner occupied 136,048 311 1,784 2,095 133,953 Non-owner occupied 230,702 12 225 237 230,465 Commercial and industrial 78,259 123 1,611 1,734 76,525 Consumer 28,293 492 87 579 27,714 Construction and land 139,012 144 2,508 2,652 136,360 All other 35,758 - - - 35,758 Total $ 1,049,052 $ 6,324 $ 8,384 $ 14,708 $ 1,034,344
Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment Based on Impairment Method	The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2018: Allowance for Loan Losses Loan Balances Loan Class Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Residential real estate $ - $ 2,254 $ - $ 2,254 $ 298 $ 339,750 $ 1,109 $ 341,157 Multifamily real estate 72 485 - 557 1,972 56,182 - 58,154 Commercial real estate: Owner occupied 400 1,517 - 1,917 3,054 132,331 1,410 136,795 Non-owner occupied 79 2,358 - 2,437 7,564 215,927 - 223,491 Commercial and industrial 64 1,535 - 1,599 539 77,813 6 78,358 Consumer - 354 - 354 - 27,966 - 27,966 Construction and land 990 2,263 3,253 4,511 121,825 1,305 127,641 All other - 611 - 611 283 33,522 286 34,091 Total $ 1,605 $ 11,377 $ - $ 12,982 $ 18,221 $ 1,005,316 $ 4,116 $ 1,027,653 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2017: Allowance for Loan Losses Loan Balances Loan Class Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Residential real estate $ - $ 2,986 $ - $ 2,986 $ 308 $ 337,200 $ 1,321 $ 338,829 Multifamily real estate 218 760 - 978 2,462 59,689 - 62,151 Commercial real estate: Owner occupied 307 1,346 - 1,653 3,314 131,226 1,508 136,048 Non-owner occupied 88 2,225 - 2,313 11,578 219,124 - 230,702 Commercial and industrial 104 897 100 1,101 1,304 76,744 211 78,259 Consumer - 328 - 328 - 28,293 - 28,293 Construction and land 685 1,723 - 2,408 5,672 131,890 1,450 139,012 All other - 337 - 337 293 35,179 286 35,758 Total $ 1,402 $ 10,602 $ 100 $ 12,104 $ 24,931 $ 1,019,345 $ 4,776 $ 1,049,052
Loans Individually Evaluated for Impairment by Class of Loans	The following table presents loans individually evaluated for impairment by class of loans as of June 30, 2018. The table does not include any loans acquired with deteriorated credit quality. Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated With no related allowance recorded: Residential real estate $ 434 $ 298 $ - Commercial real estate Owner occupied 2,187 2,186 - Non-owner occupied 5,611 5,557 - Commercial and industrial 1,005 474 - All other 284 284 - 9,521 8,799 - With an allowance recorded: Multifamily real estate 1,984 1,972 72 Commercial real estate Owner occupied 894 868 400 Non-owner occupied 2,007 2,007 79 Commercial and industrial 72 64 64 Construction and land 4,602 4,511 990 9,559 9,422 1,605 Total $ 19,080 $ 18,221 $ 1,605 The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2017. The table includes $199,000 of loans acquired with deteriorated credit quality for which the Company cannot reasonably estimate cash flows such that they are accounted for on the cost recovery method and are still individually evaluated for impairment. Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated With no related allowance recorded: Residential real estate $ 446 $ 308 $ - Multifamily real estate 334 334 - Commercial real estate Owner occupied 2,451 2,439 - Non-owner occupied 9,602 9,506 - Commercial and industrial 1,719 1,188 - Construction and land 1,798 1,678 - All other 293 293 - 16,643 15,746 - With an allowance recorded: Multifamily real estate $ 2,128 $ 2,128 $ 218 Commercial real estate Owner occupied 895 875 307 Non-owner occupied 2,072 2,072 88 Commercial and industrial 466 315 204 Construction and land 4,024 3,994 685 9,585 9,384 1,502 Total $ 26,228 $ 25,130 $ 1,502
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized	The following table presents the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the six months ended June 30, 2018 and June 30, 2017. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Six months ended June 30, 2018 Six months ended June 30, 2017 Loan Class Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Residential real estate $ 302 $ - $ - $ 345 $ 1 $ 1 Multifamily real estate 2,287 11 11 13,611 130 121 Commercial real estate: Owner occupied 3,208 51 51 3,211 22 22 Non-owner occupied 9,535 241 241 2,079 61 61 Commercial and industrial 1,145 16 16 1,523 101 101 Construction and land 4,703 3 3 8,822 280 277 All other 288 4 4 307 9 9 Total $ 21,468 $ 326 $ 326 $ 29,898 $ 604 $ 592 The following table presents the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the three months ended June 30, 2018 and June 30, 2017. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Three months ended June 30, 2018 Three months ended June 30, 2017 Loan Class Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Residential real estate $ 299 $ - $ - $ 328 $ - $ - Multifamily real estate 2,199 1 1 13,596 65 59 Commercial real estate: Owner occupied 3,154 26 26 3,417 16 16 Non-owner occupied 8,514 105 105 1,932 29 29 Commercial and industrial 966 8 8 1,471 27 27 Construction and land 4,218 3 3 6,900 48 46 All other 286 - - 305 9 9 Total $ 19,636 $ 143 $ 143 $ 27,949 $ 194 $ 186
Troubled Debt Restructurings	The following table presents TDR’s as of June 30, 2018 and December 31, 2017: June 30, 2018 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 357 $ 117 $ 474 Multifamily real estate 1,972 - 1,972 Commercial real estate Owner occupied 402 1,784 2,186 Non-owner occupied - 6,029 6,029 Commercial and industrial - 474 474 Construction and land 3,925 - 3,925 All other - 284 284 Total $ 6,656 $ 8,688 $ 15,344 December 31, 2017 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 393 $ 107 $ 500 Multifamily real estate 2,128 - 2,128 Commercial real estate Owner occupied 601 1,783 2,384 Non-owner occupied - 9,904 9,904 Commercial and industrial 56 497 553 Construction and land 3,994 - 3,994 All other - 293 293 Total $ 7,172 $ 12,584 $ 19,756
Troubled Debt Restructuring During the Period	The following table presents TDR’s that occurred during the three and six months ended June 30, 2017. Three months ended June 30, 2017 Six months ended June 30, 2017 Loan Class Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Commercial real estate Owner occupied 2 $ 1,525 $ 1,525 2 $ 1,525 $ 1,525 Commercial & industrial 1 191 191 1 191 191 Total 3 $ 1,716 $ 1,716 3 $ 1,716 $ 1,716
Risk Category of Loans by Class of Loans	As of June 30, 2018, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Loan Class Pass Special Mention Substandard Doubtful Total Loans Residential real estate $ 331,254 $ 1,120 $ 8,783 $ - $ 341,157 Multifamily real estate 51,196 4,986 1,972 - 58,154 Commercial real estate: Owner occupied 125,261 5,060 6,474 - 136,795 Non-owner occupied 212,252 3,018 8,221 - 223,491 Commercial and industrial 71,370 4,234 2,754 - 78,358 Consumer 27,616 - 350 - 27,966 Construction and land 112,956 8,647 6,038 - 127,641 All other 32,783 838 470 - 34,091 Total $ 964,688 $ 27,903 $ 35,062 $ - $ 1,027,653 As of December 31, 2017, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Loan Class Pass Special Mention Substandard Doubtful Total Loans Residential real estate $ 327,185 $ 667 $ 10,976 $ 1 $ 338,829 Multifamily real estate 55,084 4,605 2,462 - 62,151 Commercial real estate: Owner occupied 124,244 4,937 6,867 - 136,048 Non-owner occupied 216,079 2,428 12,195 - 230,702 Commercial and industrial 70,078 5,851 2,330 - 78,259 Consumer 27,889 - 404 - 28,293 Construction and land 126,323 5,460 7,229 139,012 All other 34,468 795 495 - 35,758 Total $ 981,350 $ 24,743 $ 42,958 $ 1 $ 1,049,052

STOCKHOLDERS' EQUITY AND REGU22

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS (Tables)	6 Months Ended
	Jun. 30, 2018
STOCKHOLDERS' EQUITY AND REGULATORY MATTERS [Abstract]
Regulatory Capital Ratios	Shown below is a summary of regulatory capital ratios, exclusive of the capital conservation buffer, for the Company: June 30, 2018 December 31, 2017 Regulatory Minimum Requirements To Be Considered Well Capitalized Common Equity Tier 1 Capital (to Risk-Weighted Assets) 14.8 % 13.9 % 4.5 % 6.5 % Tier 1 Capital (to Risk-Weighted Assets) 15.3 % 14.4 % 6.0 % 8.0 % Total Capital (to Risk-Weighted Assets) 16.6 % 15.6 % 8.0 % 10.0 % Tier 1 Capital (to Average Assets) 10.9 % 10.7 % 4.0 % 5.0 %

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2018
EARNINGS PER SHARE [Abstract]
Reconciliation of Numerators and Denominators of the Earnings Per Share	A reconciliation of the numerators and denominators of the earnings per common share and earnings per common share assuming dilution computations for the three and six months ended June 30, 2018 and 2017 is presented below: Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic earnings per share Income available to common stockholders $ 4,375 $ 3,919 $ 9,508 $ 7,583 Weighted average common shares outstanding 13,355,564 13,320,438 13,350,995 13,312,188 Earnings per share $ 0.33 $ 0.29 $ 0.71 $ 0.57 Diluted earnings per share Income available to common stockholders $ 4,375 $ 3,919 $ 9,508 $ 7,583 Weighted average common shares outstanding 13,355,564 13,320,438 13,350,995 13,312,188 Add dilutive effects of potential additional common stock 106,593 111,230 91,381 103,925 Weighted average common and dilutive potential common shares outstanding 13,462,157 13,431,668 13,442,376 13,416,113 Earnings per share assuming dilution $ 0.32 $ 0.29 $ 0.71 $ 0.57

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 30, 2018
FAIR VALUE [Abstract]
Carrying Amounts and Estimated Fair Values of Financial Instruments	The carrying amounts and estimated fair values of financial instruments at June 30, 2018 were as follows: Fair Value Measurements at June 30, 2018 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 108,436 $ 108,436 $ - $ - $ 108,436 Time deposits with other banks 2,582 - 2,569 - 2,569 Federal funds sold 3,092 3,092 - - 3,092 Securities available for sale 297,692 - 297,692 - 297,692 Loans, net 1,014,671 - - 1,005,002 1,005,002 Federal Home Loan Bank stock 3,173 n/a n/a n/a n/a Interest receivable 3,764 - 763 3,001 3,764 Financial liabilities Deposits $ (1,294,156 ) $ (954,185 ) $ (333,058 ) $ - $ (1,287,243 ) Securities sold under agreements to repurchase (21,865 ) - (21,865 ) - (21,865 ) Other borrowed funds (3,800 ) - (3,747 ) - (3,747 ) Subordinated debt (5,391 ) - (5,500 ) - (5,500 ) Interest payable (462 ) (10 ) (452 ) - (462 ) The carrying amounts and estimated fair values of financial instruments at December 31, 2017 were as follows: Fair Value Measurements at December 31, 2017 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 78,005 $ 78,005 $ - $ - $ 78,005 Time deposits with other banks 2,582 - 2,581 - 2,581 Federal funds sold 4,658 4,658 - - 4,658 Securities available for sale 278,466 - 278,466 - 278,466 Loans, net 1,036,948 - - 1,016,723 1,016,723 Federal Home Loan Bank stock 3,185 n/a n/a n/a n/a Interest receivable 4,043 - 700 3,343 4,043 Financial liabilities Deposits $ (1,272,675 ) $ (929,202 ) $ (338,291 ) $ - $ (1,267,493 ) Securities sold under agreements to repurchase (23,310 ) - (23,310 ) - (23,310 ) Other borrowed funds (5,000 ) - (4,955 ) - (4,955 ) Subordinated debt (5,376 ) - (5,439 ) - (5,439 ) Interest payable (393 ) (7 ) (386 ) - (393 )
Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and liabilities measured at fair value on a recurring basis are summarized below: Fair Value Measurements at June 30, 2018 Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Available for sale Mortgage-backed securities U. S. agency MBS - residential $ 208,468 $ - $ 208,468 $ - U. S. agency CMO’s - residential 66,033 - 66,033 - Total mortgage-backed securities of government sponsored agencies 274,501 - 274,501 - U. S. government sponsored agency securities 14,023 - 14,023 - Obligations of states and political subdivisions 9,168 - 9,168 - Total securities available for sale $ 297,692 $ - $ 297,692 $ - Fair Value Measurements at December 31, 2017 Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Available for sale Mortgage-backed securities U. S. agency MBS - residential $ 196,590 $ - $ 196,590 $ - U. S. agency CMO’s 51,108 - 51,108 - Total mortgage-backed securities of government sponsored agencies 247,698 - 247,698 - U. S. government sponsored agency securities 19,134 - 19,134 - Obligations of states and political subdivisions 11,634 - 11,634 - Total securities available for sale $ 278,466 $ - $ 278,466 $ -
Assets and Liabilities Measured at Fair Value on a Non-recurring Basis	Assets and liabilities measured at fair value on a non-recurring basis at June 30, 2018 are summarized below: Fair Value Measurements at June 30, 2018 Using Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans: Multifamily real estate $ 1,900 $ - $ - $ 1,900 Commercial real estate Owner occupied 468 - - 468 Non-owner occupied 1,928 - - 1,928 Construction and land 3,521 - - 3,521 Total impaired loans $ 7,817 $ - $ - $ 7,817 Other real estate owned: Residential real estate $ 372 $ - $ - $ 372 Commercial real estate Owner occupied 175 - - 175 Non-owner occupied 200 - - 200 Construction and land 150 - - 150 Total OREO $ 897 $ - $ - $ 897 Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2017 are summarized below: Fair Value Measurements at December 31, 2017 Using Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans: Multifamily real estate $ 1,910 $ - $ - $ 1,910 Commercial real estate Owner occupied 568 - - 568 Non-owner occupied 1,984 - - 1,984 Commercial and industrial 111 - - 111 Construction and land 3,309 - - 3,309 Total impaired loans $ 7,882 $ - $ - $ 7,882 Other real estate owned: Residential real estate $ 352 $ - $ - $ 352 Commercial real estate Owner occupied 175 - - 175 Non-owner occupied 200 - - 200 Construction and land 1,914 - - 1,914 Total OREO $ 2,641 $ - $ - $ 2,641
Fair Value Inputs, Assets, Quantitative Information	The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at June 30, 2018 are summarized below: June 30, 2018 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 1,900 sales comparison adjustment for estimated realizable value 46.7%-46.7% (46.7 %) Commercial real estate Owner occupied 468 sales comparison adjustment for estimated realizable value 36.9%-36.9% (36.9 %) Non-owner occupied 1,928 income approach adjustment for differences in net operating income expectations 67.4%-67.4% (67.4 %) Construction and land 3,521 sales comparison adjustment for percentage of completion of construction 25.1%-35.8% (34.1 %) Total impaired loans $ 7,817 Other real estate owned: Residential real estate $ 372 sales comparison adjustment for estimated realizable value 9.2%-19.2% (13.5 %) Commercial real estate Owner occupied 175 sales comparison adjustment for estimated realizable value 21.8%-21.8% (21.8 %) Non-owner occupied 200 sales comparison adjustment for estimated realizable value 58.9%-58.9% (58.9 %) Construction and land 150 sales comparison adjustment for estimated realizable value 50.3%-50.3% (50.3 %) Total OREO $ 897 The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at December 31, 2017 are summarized below: December 31, 2017 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 1,910 sales comparison adjustment for estimated realizable value 46.0%-46.7% (46.4 %) Commercial real estate Owner occupied 568 sales comparison adjustment for estimated realizable value 23.1%-23.1% (23.1 %) Non-owner occupied 1,984 income approach adjustment for differences in net operating income expectations 67.4%-67.4% (67.4 %) Commercial and industrial 111 sales comparison adjustment for estimated realizable value 8.0%-71.1% (64.2 %) Construction and land 3,309 sales comparison adjustment for percentage of completion of construction 27.7%-27.7% (27.7 %) Total impaired loans $ 7,882 Other real estate owned: Residential real estate $ 352 sales comparison adjustment for estimated realizable value 8.8%-50.2% (20.0 %) Commercial real estate Owner occupied 175 sales comparison adjustment for estimated realizable value 21.8%-21.8% (21.8 %) Non-owner occupied 200 sales comparison adjustment for estimated realizable value 58.9%-58.9% (58.9 %) Construction and land 1,914 sales comparison adjustment for estimated realizable value 25.2%-69.0% (27.8 %) Total OREO $ 2,641

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) $ in Thousands	Jun. 08, 2018shares	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Total Assets		$ 1,514,300		$ 1,514,300		$ 1,493,424
Net Income		4,375	$ 3,919	$ 9,508	$ 7,583
Stock split ratio	1.25
Additional number of shares of common stock issued for every 4 shares of common stock already owned on record date (in shares) | shares	1
Citizens Deposit Bank & Trust [Member] | Vanceburg, Kentucky [Member]
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Year Acquired				1,991
Total Assets		429,714		$ 429,714
Net Income		1,394		$ 2,684
Premier Bank, Inc. [Member] | Huntington, West Virginia [Member]
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Year Acquired				1,998
Total Assets		1,077,580		$ 1,077,580
Net Income		3,592		8,078
Parent and Intercompany Eliminations [Member]
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Total Assets		7,006		7,006
Net Income		$ (611)		$ (1,254)

SECURITIES (Details)

SECURITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Available-for-sale Investment securities [Abstract]
Available for sale, Amortized Cost	$ 305,279	$ 281,090
Unrealized gains	122	478
Unrealized losses	(7,709)	(3,102)
Fair value	297,692	278,466
U.S. Government Sponsored Agency MBS - Residential [Member]
Available-for-sale Investment securities [Abstract]
Available for sale, Amortized Cost	214,588	198,631
Unrealized gains	50	175
Unrealized losses	(6,170)	(2,216)
Fair value	208,468	196,590
U.S. Government Sponsored Agency CMO's - Residential [Member]
Available-for-sale Investment securities [Abstract]
Available for sale, Amortized Cost	67,247	51,548
Unrealized gains	36	241
Unrealized losses	(1,250)	(681)
Fair value	66,033	51,108
Total Mortgage-Backed Securities of Government Sponsored Agencies [Member]
Available-for-sale Investment securities [Abstract]
Available for sale, Amortized Cost	281,835	250,179
Unrealized gains	86	416
Unrealized losses	(7,420)	(2,897)
Fair value	274,501	247,698
U.S. Government Sponsored Agency Securities [Member]
Available-for-sale Investment securities [Abstract]
Available for sale, Amortized Cost	14,255	19,312
Unrealized gains	0	1
Unrealized losses	(232)	(179)
Fair value	14,023	19,134
Obligations of States and Political Subdivisions [Member]
Available-for-sale Investment securities [Abstract]
Available for sale, Amortized Cost	9,189	11,599
Unrealized gains	36	61
Unrealized losses	(57)	(26)
Fair value	$ 9,168	$ 11,634

SECURITIES, By Contractual Matu

SECURITIES, By Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Amortized cost of available-for-sale securities by contractual maturity [Abstract]
Due in one year or less	$ 7,792
Due after one year through five years	12,857
Due after five years through ten years	2,795
Mortgage-backed securities of government sponsored agencies	281,835
Available for sale, Amortized Cost	305,279	$ 281,090
Fair value of available-for-sale securities by contractual maturity [Abstract]
Due in one year or less	7,785
Due after one year through five years	12,702
Due after five years through ten years	2,704
Mortgage backed securities of government sponsored agencies	274,501
Available for sale, Fair Value	$ 297,692	$ 278,466

SECURITIES, Securities with Unr

SECURITIES, Securities with Unrealized Losses in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	$ 205,700	$ 152,809
12 months or more	76,569	76,359
Total	282,269	229,168
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	(4,363)	(1,201)
12 months or more	(3,346)	(1,901)
Total	(7,709)	(3,102)
U.S. Government Sponsored Agency Securities [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	2,005	6,780
12 months or more	12,018	10,335
Total	14,023	17,115
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	(31)	(41)
12 months or more	(201)	(138)
Total	(232)	(179)
U.S. Government Sponsored Agency MBS - Residential [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	158,444	134,211
12 months or more	48,235	47,682
Total	206,679	181,893
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	(3,866)	(1,076)
12 months or more	(2,304)	(1,140)
Total	(6,170)	(2,216)
U.S. Government Sponsored Agency CMO's - Residential [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	41,235	8,306
12 months or more	15,843	17,868
Total	57,078	26,174
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	(417)	(64)
12 months or more	(833)	(617)
Total	(1,250)	(681)
Obligations of States and Political Subdivisions [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	4,016	3,512
12 months or more	473	474
Total	4,489	3,986
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	(49)	(20)
12 months or more	(8)	(6)
Total	$ (57)	$ (26)

LOANS, Major Classifications of

LOANS, Major Classifications of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Major Classifications of Loans [Abstract]
Loans	$ 1,027,653	$ 1,049,052
Residential Real Estate [Member]
Major Classifications of Loans [Abstract]
Loans	341,157	338,829
Multifamily Real Estate [Member]
Major Classifications of Loans [Abstract]
Loans	58,154	62,151
Commercial Real Estate [Member] | Owner Occupied [Member]
Major Classifications of Loans [Abstract]
Loans	136,795	136,048
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Major Classifications of Loans [Abstract]
Loans	223,491	230,702
Commercial and Industrial [Member]
Major Classifications of Loans [Abstract]
Loans	78,358	78,259
Consumer [Member]
Major Classifications of Loans [Abstract]
Loans	27,966	28,293
Construction and Land [Member]
Major Classifications of Loans [Abstract]
Loans	127,641	139,012
All Other [Member]
Major Classifications of Loans [Abstract]
Loans	$ 34,091	$ 35,758

LOANS, Activity in Allowance Fo

LOANS, Activity in Allowance For Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	$ 12,840	$ 10,894	$ 12,104	$ 10,836
Provision (credit) for loan losses	500	776	1,615	1,142
Loans charged-off	(430)	(357)	(894)	(766)
Recoveries	72	382	157	483
Balance, end of period	12,982	11,695	12,982	11,695
Residential Real Estate [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	2,262	2,977	2,986	2,948
Provision (credit) for loan losses	82	64	(609)	193
Loans charged-off	(99)	(94)	(148)	(199)
Recoveries	9	26	25	31
Balance, end of period	2,254	2,973	2,254	2,973
Multifamily Real Estate [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	647	770	978	785
Provision (credit) for loan losses	(90)	567	(410)	552
Loans charged-off	0	0	(11)	0
Recoveries	0	0	0	0
Balance, end of period	557	1,337	557	1,337
Commercial Real Estate [Member] | Owner Occupied [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	1,816	1,576	1,653	1,543
Provision (credit) for loan losses	102	(198)	266	(166)
Loans charged-off	(1)	0	(3)	0
Recoveries	0	240	1	241
Balance, end of period	1,917	1,618	1,917	1,618
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	2,187	2,422	2,313	2,350
Provision (credit) for loan losses	250	(88)	140	(12)
Loans charged-off	0	0	(16)	(4)
Recoveries	0	0	0	0
Balance, end of period	2,437	2,334	2,437	2,334
Commercial and Industrial [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	1,651	1,129	1,101	1,140
Provision (credit) for loan losses	163	43	976	9
Loans charged-off	(237)	(134)	(504)	(134)
Recoveries	22	55	26	78
Balance, end of period	1,599	1,093	1,599	1,093
Consumer [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	369	370	328	347
Provision (credit) for loan losses	2	22	51	138
Loans charged-off	(30)	(48)	(63)	(165)
Recoveries	13	29	38	53
Balance, end of period	354	373	354	373
Construction and Land [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	3,302	1,313	2,408	1,397
Provision (credit) for loan losses	(49)	358	864	392
Loans charged-off	0	0	(19)	(124)
Recoveries	0	0	0	10
Balance, end of period	3,253	1,675	3,253	1,675
All Other [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	606	332	337	326
Provision (credit) for loan losses	40	9	337	36
Loans charged-off	(63)	(81)	(130)	(140)
Recoveries	28	32	67	70
Balance, end of period	$ 611	$ 292	$ 611	$ 292

LOANS, Purchased Impaired Loans

LOANS, Purchased Impaired Loans (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Purchased loans [Abstract]
Total carrying amount	$ 4,116		$ 4,776
Contractual principal balance	5,765		6,728
Carrying amount, net of allowance	4,116		4,676
Increase in loan allowance related to acquisitions	0	$ 50
Accretable Yield [Roll Forward]
Beginning Balance	754	1,208
New loans purchased	0	0
Accretion of income	(80)	(206)
Loans placed on non-accrual	(41)	0
Income recognized upon full repayment	(38)	(197)
Reclassifications from non-accretable difference	0	0
Disposals	0	0
Ending Balance	595	$ 805
Residential Real Estate [Member]
Purchased loans [Abstract]
Total carrying amount	1,109		1,321
Commercial Real Estate [Member] | Owner Occupied [Member]
Purchased loans [Abstract]
Total carrying amount	1,410		1,508
Commercial and Industrial [Member]
Purchased loans [Abstract]
Total carrying amount	6		211
Construction and Land [Member]
Purchased loans [Abstract]
Total carrying amount	1,305		1,450
All Other [Member]
Purchased loans [Abstract]
Total carrying amount	$ 286		$ 286

LOANS, Past Due and Non-perform

LOANS, Past Due and Non-performing Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	$ 17,827	$ 16,962
Recorded investment in non-accrual loans	16,217	15,246
Loans past due over 90 days, still accruing	3,655	3,391
Residential Real Estate [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	3,907	2,944
Recorded investment in non-accrual loans	3,246	2,422
Loans past due over 90 days, still accruing	686	869
Multifamily Real Estate [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	1,984	2,128
Recorded investment in non-accrual loans	1,972	2,128
Loans past due over 90 days, still accruing	0	334
Commercial Real Estate [Member] | Owner Occupied [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	4,063	2,623
Recorded investment in non-accrual loans	3,887	2,483
Loans past due over 90 days, still accruing	0	134
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	1,635	1,862
Recorded investment in non-accrual loans	1,573	1,755
Loans past due over 90 days, still accruing	2,889	85
Commercial and Industrial [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	1,017	1,313
Recorded investment in non-accrual loans	438	544
Loans past due over 90 days, still accruing	47	1,139
Consumer [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	233	268
Recorded investment in non-accrual loans	205	241
Loans past due over 90 days, still accruing	0	0
Construction and Land [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	4,803	5,824
Recorded investment in non-accrual loans	4,711	5,673
Loans past due over 90 days, still accruing	27	$ 830
All Other [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	185
Recorded investment in non-accrual loans	185
Loans past due over 90 days, still accruing	$ 6

LOANS, Past Due Aging Analysis

LOANS, Past Due Aging Analysis (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Aging of recorded investment in past due loans [Abstract]
Total loans	$ 1,027,653	$ 1,049,052
Total past due	21,321	14,708
Loans not past due	1,006,332	1,034,344
30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	11,478	6,324
Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	9,843	8,384
Residential Real Estate [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	341,157	338,829
Total past due	7,875	7,077
Loans not past due	333,282	331,752
Residential Real Estate [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	5,730	5,242
Residential Real Estate [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	2,145	1,835
Multifamily Real Estate [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	58,154	62,151
Total past due	2,078	334
Loans not past due	56,076	61,817
Multifamily Real Estate [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	106	0
Multifamily Real Estate [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	1,972	334
Commercial Real Estate [Member] | Owner Occupied [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	136,795	136,048
Total past due	1,761	2,095
Loans not past due	135,034	133,953
Commercial Real Estate [Member] | Owner Occupied [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	249	311
Commercial Real Estate [Member] | Owner Occupied [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	1,512	1,784
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	223,491	230,702
Total past due	3,878	237
Loans not past due	219,613	230,465
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	989	12
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	2,889	225
Commercial and Industrial [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	78,358	78,259
Total past due	295	1,734
Loans not past due	78,063	76,525
Commercial and Industrial [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	56	123
Commercial and Industrial [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	239	1,611
Consumer [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	27,966	28,293
Total past due	429	579
Loans not past due	27,537	27,714
Consumer [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	347	492
Consumer [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	82	87
Construction and Land [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	127,641	139,012
Total past due	4,814	2,652
Loans not past due	122,827	136,360
Construction and Land [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	4,001	144
Construction and Land [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	813	2,508
All Other [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	34,091	35,758
Total past due	191	0
Loans not past due	33,900	35,758
All Other [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	0	0
All Other [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	$ 191	$ 0

LOANS, Allowance for Loan Losse

LOANS, Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment Based on Impairment Method (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	$ 1,605		$ 1,402
Collectively evaluated for impairment, allowance for loan losses	11,377		10,602
Total allowance for loan losses	12,982	$ 12,840	12,104	$ 11,695	$ 10,894	$ 10,836
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	18,221		24,931
Collectively evaluated for impairment, loan balances	1,005,316		1,019,345
Total loans	1,027,653		1,049,052
Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		100
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances			199
Total loans	4,116		4,776
Residential Real Estate [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	0		0
Collectively evaluated for impairment, allowance for loan losses	2,254		2,986
Total allowance for loan losses	2,254	2,262	2,986	2,973	2,977	2,948
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	298		308
Collectively evaluated for impairment, loan balances	339,750		337,200
Total loans	341,157		338,829
Residential Real Estate [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		0
Loans Balances [Abstract]
Total loans	1,109		1,321
Multifamily Real Estate [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	72		218
Collectively evaluated for impairment, allowance for loan losses	485		760
Total allowance for loan losses	557	647	978	1,337	770	785
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	1,972		2,462
Collectively evaluated for impairment, loan balances	56,182		59,689
Total loans	58,154		62,151
Multifamily Real Estate [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		0
Loans Balances [Abstract]
Total loans	0		0
Commercial Real Estate [Member] | Owner Occupied [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	400		307
Collectively evaluated for impairment, allowance for loan losses	1,517		1,346
Total allowance for loan losses	1,917	1,816	1,653	1,618	1,576	1,543
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	3,054		3,314
Collectively evaluated for impairment, loan balances	132,331		131,226
Total loans	136,795		136,048
Commercial Real Estate [Member] | Owner Occupied [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		0
Loans Balances [Abstract]
Total loans	1,410		1,508
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	79		88
Collectively evaluated for impairment, allowance for loan losses	2,358		2,225
Total allowance for loan losses	2,437	2,187	2,313	2,334	2,422	2,350
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	7,564		11,578
Collectively evaluated for impairment, loan balances	215,927		219,124
Total loans	223,491		230,702
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		0
Loans Balances [Abstract]
Total loans	0		0
Commercial and Industrial [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	64		104
Collectively evaluated for impairment, allowance for loan losses	1,535		897
Total allowance for loan losses	1,599	1,651	1,101	1,093	1,129	1,140
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	539		1,304
Collectively evaluated for impairment, loan balances	77,813		76,744
Total loans	78,358		78,259
Commercial and Industrial [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		100
Loans Balances [Abstract]
Total loans	6		211
Consumer [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	0		0
Collectively evaluated for impairment, allowance for loan losses	354		328
Total allowance for loan losses	354	369	328	373	370	347
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	0		0
Collectively evaluated for impairment, loan balances	27,966		28,293
Total loans	27,966		28,293
Consumer [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		0
Loans Balances [Abstract]
Total loans	0		0
Construction and Land [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	990		685
Collectively evaluated for impairment, allowance for loan losses	2,263		1,723
Total allowance for loan losses	3,253	3,302	2,408	1,675	1,313	1,397
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	4,511		5,672
Collectively evaluated for impairment, loan balances	121,825		131,890
Total loans	127,641		139,012
Construction and Land [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		0
Loans Balances [Abstract]
Total loans	1,305		1,450
All Other [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	0		0
Collectively evaluated for impairment, allowance for loan losses	611		337
Total allowance for loan losses	611	$ 606	337	$ 292	$ 332	$ 326
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	283		293
Collectively evaluated for impairment, loan balances	33,522		35,179
Total loans	34,091		35,758
All Other [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		0
Loans Balances [Abstract]
Total loans	$ 286		$ 286

LOANS, Individually Evaluated F

LOANS, Individually Evaluated For Impairment (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	$ 9,521	$ 16,643
Unpaid principal balance with an allowance recorded	9,559	9,585
Unpaid principal balance, total	19,080	26,228
Recorded investment with no related allowance recorded	8,799	15,746
Recorded investment with an allowance recorded	9,422	9,384
Recorded investment, total	18,221	25,130
Allowance for loan losses allocated	1,605	1,502
Purchased financing receivable individually evaluated for impairment	18,221	24,931
Acquired with Deteriorated Credit Quality [Member]
Loans individually evaluated for impairment [Abstract]
Purchased financing receivable individually evaluated for impairment		199
Residential Real Estate [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	434	446
Recorded investment with no related allowance recorded	298	308
Purchased financing receivable individually evaluated for impairment	298	308
Multifamily Real Estate [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded		334
Unpaid principal balance with an allowance recorded	1,984	2,128
Recorded investment with no related allowance recorded		334
Recorded investment with an allowance recorded	1,972	2,128
Allowance for loan losses allocated	72	218
Purchased financing receivable individually evaluated for impairment	1,972	2,462
Commercial Real Estate [Member] | Owner Occupied [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	2,187	2,451
Unpaid principal balance with an allowance recorded	894	895
Recorded investment with no related allowance recorded	2,186	2,439
Recorded investment with an allowance recorded	868	875
Allowance for loan losses allocated	400	307
Purchased financing receivable individually evaluated for impairment	3,054	3,314
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	5,611	9,602
Unpaid principal balance with an allowance recorded	2,007	2,072
Recorded investment with no related allowance recorded	5,557	9,506
Recorded investment with an allowance recorded	2,007	2,072
Allowance for loan losses allocated	79	88
Purchased financing receivable individually evaluated for impairment	7,564	11,578
Commercial and Industrial [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	1,005	1,719
Unpaid principal balance with an allowance recorded	72	466
Recorded investment with no related allowance recorded	474	1,188
Recorded investment with an allowance recorded	64	315
Allowance for loan losses allocated	64	204
Purchased financing receivable individually evaluated for impairment	539	1,304
Consumer [Member]
Loans individually evaluated for impairment [Abstract]
Purchased financing receivable individually evaluated for impairment	0	0
Construction and Land [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded		1,798
Unpaid principal balance with an allowance recorded	4,602	4,024
Recorded investment with no related allowance recorded		1,678
Recorded investment with an allowance recorded	4,511	3,994
Allowance for loan losses allocated	990	685
Purchased financing receivable individually evaluated for impairment	4,511	5,672
All Other [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	284	293
Recorded investment with no related allowance recorded	284	293
Purchased financing receivable individually evaluated for impairment	$ 283	$ 293

LOANS, Average Balance of Loans

LOANS, Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	$ 19,636	$ 27,949	$ 21,468	$ 29,898
Interest income recognized	143	194	326	604
Cash basis interest recognized	143	186	326	592
Residential Real Estate [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	299	328	302	345
Interest income recognized	0	0	0	1
Cash basis interest recognized	0	0	0	1
Multifamily Real Estate [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	2,199	13,596	2,287	13,611
Interest income recognized	1	65	11	130
Cash basis interest recognized	1	59	11	121
Commercial Real Estate [Member] | Owner Occupied [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	3,154	3,417	3,208	3,211
Interest income recognized	26	16	51	22
Cash basis interest recognized	26	16	51	22
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	8,514	1,932	9,535	2,079
Interest income recognized	105	29	241	61
Cash basis interest recognized	105	29	241	61
Commercial and Industrial [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	966	1,471	1,145	1,523
Interest income recognized	8	27	16	101
Cash basis interest recognized	8	27	16	101
Construction and Land [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	4,218	6,900	4,703	8,822
Interest income recognized	3	48	3	280
Cash basis interest recognized	3	46	3	277
All Other [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	286	305	288	307
Interest income recognized	0	9	4	9
Cash basis interest recognized	$ 0	$ 9	$ 4	$ 9

LOANS, Troubled Debt Restructur

LOANS, Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	$ 6,656		$ 6,656		$ 7,172
Other TDR's	8,688		8,688		12,584
Total TDR's	15,344		15,344		19,756
Specific reserves allocated to loans that have restructured terms	1,136		1,136		1,029
Provision for loan losses on restructured loans	(216)	$ 0	163	$ 0
Commitments to lend additional amounts to borrowers	0		0		0
Residential Real Estate [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	357		357		393
Other TDR's	117		117		107
Total TDR's	474		474		500
Multifamily Real Estate [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	1,972		1,972		2,128
Other TDR's	0		0		0
Total TDR's	1,972		1,972		2,128
Commercial Real Estate [Member] | Owner Occupied [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	402		402		601
Other TDR's	1,784		1,784		1,783
Total TDR's	2,186		2,186		2,384
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	0		0		0
Other TDR's	6,029		6,029		9,904
Total TDR's	6,029		6,029		9,904
Commercial and Industrial [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	0		0		56
Other TDR's	474		474		497
Total TDR's	474		474		553
Construction and Land [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	3,925		3,925		3,994
Other TDR's	0		0		0
Total TDR's	3,925		3,925		3,994
All Other [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	0		0		0
Other TDR's	284		284		293
Total TDR's	$ 284		$ 284		$ 293

LOANS, TDR's Modified During Pe

LOANS, TDR's Modified During Period (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)Loan	Jun. 30, 2017USD ($)Loan	Jun. 30, 2018USD ($)Loan	Jun. 30, 2017USD ($)Loan
TDR's Modified During Period [Abstract]
Number of loans | Loan	0	3	0	3
Pre-modification outstanding recorded investment		$ 1,716		$ 1,716
Post-modification outstanding recorded investment		1,716		1,716
Increase in allowance for loan losses		0		0
TDR's with payment defaults within 12 months after modification	$ 0	$ 0	$ 0	$ 0
Commercial Real Estate [Member] | Owner Occupied [Member]
TDR's Modified During Period [Abstract]
Number of loans | Loan		2		2
Pre-modification outstanding recorded investment		$ 1,525		$ 1,525
Post-modification outstanding recorded investment		$ 1,525		$ 1,525
Commercial and Industrial [Member]
TDR's Modified During Period [Abstract]
Number of loans | Loan		1		1
Pre-modification outstanding recorded investment		$ 191		$ 191
Post-modification outstanding recorded investment		$ 191		$ 191

LOANS, Risk Category of Loans b

LOANS, Risk Category of Loans by Class of Loans, Credit Quality Indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Risk Category of Loans by Class of Loans [Abstract]
Loans	$ 1,027,653	$ 1,049,052
Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	341,157	338,829
Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	58,154	62,151
Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	136,795	136,048
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	223,491	230,702
Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	78,358	78,259
Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	27,966	28,293
Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	127,641	139,012
All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	34,091	35,758
Pass [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	964,688	981,350
Pass [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	331,254	327,185
Pass [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	51,196	55,084
Pass [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	125,261	124,244
Pass [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	212,252	216,079
Pass [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	71,370	70,078
Pass [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	27,616	27,889
Pass [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	112,956	126,323
Pass [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	32,783	34,468
Special Mention [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	27,903	24,743
Special Mention [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	1,120	667
Special Mention [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	4,986	4,605
Special Mention [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	5,060	4,937
Special Mention [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	3,018	2,428
Special Mention [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	4,234	5,851
Special Mention [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	0
Special Mention [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	8,647	5,460
Special Mention [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	838	795
Substandard [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	35,062	42,958
Substandard [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	8,783	10,976
Substandard [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	1,972	2,462
Substandard [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	6,474	6,867
Substandard [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	8,221	12,195
Substandard [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	2,754	2,330
Substandard [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	350	404
Substandard [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	6,038	7,229
Substandard [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	470	495
Doubtful [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	1
Doubtful [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	1
Doubtful [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	0
Doubtful [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	0
Doubtful [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	0
Doubtful [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	0
Doubtful [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	0
Doubtful [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	0
Doubtful [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	$ 0	$ 0

STOCKHOLDERS' EQUITY AND REGU40

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
STOCKHOLDERS' EQUITY AND REGULATORY MATTERS [Abstract]
Number of previous years retained profit taken for dividend calculation	2 years
Funds available for dividends without prior approval	$ 7.7
Common Equity Tier 1 Capital (to Risk-Weighted Assets)	14.80%	13.90%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), Regulatory Minimum Requirements	4.50%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), To Be Considered Well Capitalized	6.50%
Tier I Capital (to Risk-Weighted Assets)	15.30%	14.40%
Tier I Capital (to Risk-Weighted Assets), Regulatory Minimum Requirements	6.00%
Tier I Capital (to Risk-Weighted Assets), To Be Considered Well Capitalized	8.00%
Total Capital (to Risk-Weighted Assets)	16.60%	15.60%
Total Capital (to Risk-Weighted Assets), Regulatory Minimum Requirements	8.00%
Total Capital (to Risk-Weighted Assets), To Be Considered Well Capitalized	10.00%
Tier I Capital (to Average Assets)	10.90%	10.70%
Tier I Capital (to Average Assets), Regulatory Minimum Requirements	4.00%
Tier I Capital (to Average Assets), To Be Considered Well Capitalized	5.00%
Capital conservation buffer	8.56%	7.56%

STOCK COMPENSATION EXPENSE (Det

STOCK COMPENSATION EXPENSE (Details) - USD ($) $ / shares in Units, $ in Thousands	Apr. 25, 2018	Mar. 21, 2018	Apr. 19, 2017	Mar. 15, 2017	Jun. 30, 2018	Jun. 30, 2017
Stock Compensation Expense [Abstract]
Compensation expense					$ 181	$ 169
Unrecognized stock-based compensation expense					$ 173
Unrecognized stock-based compensation, period of recognition					32 months
2012 Long Term Incentive Plan [Member] | Stock Options [Member]
Stock Compensation Expense [Abstract]
Grants (in shares)		67,875		69,375
Grants (in dollars per share)		$ 15.12		$ 15.21
2012 Long Term Incentive Plan [Member] | Stock Options [Member] | Granted On March 21 2018 [Member]
Stock Compensation Expense [Abstract]
Stock option vesting periods					3 years
2012 Long Term Incentive Plan [Member] | Stock Options [Member] | Granted on March 15, 2017 [Member]
Stock Compensation Expense [Abstract]
Stock option vesting periods					3 years
2012 Long Term Incentive Plan [Member] | President and CEO [Member] | Common Stock [Member]
Stock Compensation Expense [Abstract]
Stock granted (in shares)	7,500		7,500
Fair value of shares granted (in dollars per share)	$ 15.82		$ 16.56
Compensation expense	$ 119		$ 124

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) $ / shares in Units, $ in Thousands	Jun. 08, 2018shares	Jun. 30, 2018USD ($)$ / sharesshares	Jun. 30, 2017USD ($)$ / sharesshares	Jun. 30, 2018USD ($)$ / sharesshares	Jun. 30, 2017USD ($)$ / sharesshares
Basic earnings per share [Abstract]
Income available to common stockholders | $		$ 4,375	$ 3,919	$ 9,508	$ 7,583
Weighted average common shares outstanding (in shares)		13,355,564	13,320,438	13,350,995	13,312,188
Earnings per share (in dollars per share) | $ / shares		$ 0.33	$ 0.29	$ 0.71	$ 0.57
Diluted earnings per share [Abstract]
Income available to common stockholders | $		$ 4,375	$ 3,919	$ 9,508	$ 7,583
Weighted average common shares outstanding (in shares)		13,355,564	13,320,438	13,350,995	13,312,188
Add dilutive effects of potential additional common stock (in shares)		106,593	111,230	91,381	103,925
Weighted average common and dilutive potential common shares outstanding (in shares)		13,462,157	13,431,668	13,442,376	13,416,113
Earnings per share assuming dilution (in dollars per share) | $ / shares		$ 0.32	$ 0.29	$ 0.71	$ 0.57
Earnings Per Share [Abstract]
Stock split ratio	1.25
Additional number of shares of common stock issued for every 4 shares of common stock already owned on record date (in shares)	1
Stock Options [Member]
Earnings Per Share [Abstract]
Securities not considered in computing diluted earnings per share (in shares)		0	0	0	0

FAIR VALUE, Carrying Amount and

FAIR VALUE, Carrying Amount and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Financial assets [Abstract]
Securities available for sale	$ 297,692	$ 278,466
Carrying Amount [Member]
Financial assets [Abstract]
Cash and due from banks	108,436	78,005
Time deposits with other banks	2,582	2,582
Federal funds sold	3,092	4,658
Securities available for sale	297,692	278,466
Loans, net	1,014,671	1,036,948
Federal Home Loan Bank stock	3,173	3,185
Interest receivable	3,764	4,043
Financial liabilities [Abstract]
Deposits	(1,294,156)	(1,272,675)
Securities sold under agreements to repurchase	(21,865)	(23,310)
Other borrowed funds	(3,800)	(5,000)
Subordinated Debt	(5,391)	(5,376)
Interest payable	(462)	(393)
Fair Value [Member]
Financial assets [Abstract]
Cash and due from banks	108,436	78,005
Time deposits with other banks	2,569	2,581
Federal funds sold	3,092	4,658
Securities available for sale	297,692	278,466
Loans, net	1,005,002	1,016,723
Interest receivable	3,764	4,043
Financial liabilities [Abstract]
Deposits	(1,287,243)	(1,267,493)
Securities sold under agreements to repurchase	(21,865)	(23,310)
Other borrowed funds	(3,747)	(4,955)
Subordinated Debt	(5,500)	(5,439)
Interest payable	(462)	(393)
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and due from banks	108,436	78,005
Time deposits with other banks	0	0
Federal funds sold	3,092	4,658
Securities available for sale	0	0
Loans, net	0	0
Interest receivable	0	0
Financial liabilities [Abstract]
Deposits	(954,185)	(929,202)
Securities sold under agreements to repurchase	0	0
Other borrowed funds	0	0
Subordinated Debt	0	0
Interest payable	(10)	(7)
Fair Value [Member] | Level 2 [Member]
Financial assets [Abstract]
Cash and due from banks	0	0
Time deposits with other banks	2,569	2,581
Federal funds sold	0	0
Securities available for sale	297,692	278,466
Loans, net	0	0
Interest receivable	763	700
Financial liabilities [Abstract]
Deposits	(333,058)	(338,291)
Securities sold under agreements to repurchase	(21,865)	(23,310)
Other borrowed funds	(3,747)	(4,955)
Subordinated Debt	(5,500)	(5,439)
Interest payable	(452)	(386)
Fair Value [Member] | Level 3 [Member]
Financial assets [Abstract]
Cash and due from banks	0	0
Time deposits with other banks	0	0
Federal funds sold	0	0
Securities available for sale	0	0
Loans, net	1,005,002	1,016,723
Interest receivable	3,001	3,343
Financial liabilities [Abstract]
Deposits	0	0
Securities sold under agreements to repurchase	0	0
Other borrowed funds	0	0
Subordinated Debt	0	0
Interest payable	$ 0	$ 0

FAIR VALUE, Assets and Liabilit

FAIR VALUE, Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Available for sale [Abstract]
Securities available for sale	$ 297,692	$ 278,466
Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	297,692	278,466
Fair Value [Member]
Available for sale [Abstract]
Securities available for sale	297,692	278,466
Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Available for sale [Abstract]
Securities available for sale	297,692	278,466
Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
U.S. Agency MBS - Residential [Member]
Available for sale [Abstract]
Securities available for sale	208,468	196,590
U.S. Agency CMO's - Residential [Member]
Available for sale [Abstract]
Securities available for sale	66,033	51,108
Total Mortgage-Backed Securities of Government Sponsored Agencies [Member]
Available for sale [Abstract]
Securities available for sale	274,501	247,698
U.S. Government Sponsored Agency Securities [Member]
Available for sale [Abstract]
Securities available for sale	14,023	19,134
Obligations of States and Political Subdivisions [Member]
Available for sale [Abstract]
Securities available for sale	9,168	11,634
Recurring [Member] | Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	297,692	278,466
Recurring [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Available for sale [Abstract]
Securities available for sale	297,692	278,466
Recurring [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | U.S. Agency MBS - Residential [Member] | Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	208,468	196,590
Recurring [Member] | U.S. Agency MBS - Residential [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | U.S. Agency MBS - Residential [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Available for sale [Abstract]
Securities available for sale	208,468	196,590
Recurring [Member] | U.S. Agency MBS - Residential [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | U.S. Agency CMO's - Residential [Member] | Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	66,033	51,108
Recurring [Member] | U.S. Agency CMO's - Residential [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | U.S. Agency CMO's - Residential [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Available for sale [Abstract]
Securities available for sale	66,033	51,108
Recurring [Member] | U.S. Agency CMO's - Residential [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Total Mortgage-Backed Securities of Government Sponsored Agencies [Member] | Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	274,501	247,698
Recurring [Member] | Total Mortgage-Backed Securities of Government Sponsored Agencies [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Total Mortgage-Backed Securities of Government Sponsored Agencies [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Available for sale [Abstract]
Securities available for sale	274,501	247,698
Recurring [Member] | Total Mortgage-Backed Securities of Government Sponsored Agencies [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | U.S. Government Sponsored Agency Securities [Member] | Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	14,023	19,134
Recurring [Member] | U.S. Government Sponsored Agency Securities [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | U.S. Government Sponsored Agency Securities [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Available for sale [Abstract]
Securities available for sale	14,023	19,134
Recurring [Member] | U.S. Government Sponsored Agency Securities [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Obligations of States and Political Subdivisions [Member] | Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	9,168	11,634
Recurring [Member] | Obligations of States and Political Subdivisions [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Obligations of States and Political Subdivisions [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Available for sale [Abstract]
Securities available for sale	9,168	11,634
Recurring [Member] | Obligations of States and Political Subdivisions [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	$ 0	$ 0

FAIR VALUE, Assets and Liabil45

FAIR VALUE, Assets and Liabilities Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Assets [Abstract]
Total impaired loans	$ 7,817		$ 7,817		$ 7,882
Total OREO	897		897		2,641
Impaired Loans, Additional Disclosure [Abstract]
Recorded investment in impaired loans carried at fair value	9,423		9,423		9,384
Valuation allowance for impaired loans	1,605		1,605		1,502
Impaired collateral dependent loans, provision for loan losses	(187)	$ 678	520	$ 763
Other Real Estate Owned, Additional Disclosure [Abstract]
Recorded investment in other real estate owned carried at fair value - gross	1,638		1,638		4,082
Valuation allowance for other real estate owned	741		741		1,441
Write downs	120	$ 324	120	$ 363
Residential Real Estate [Member]
Assets [Abstract]
Total OREO	372		372		352
Multifamily Real Estate [Member]
Assets [Abstract]
Total impaired loans	1,900		1,900		1,910
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	72		72		218
Commercial Real Estate [Member] | Owner Occupied [Member]
Assets [Abstract]
Total impaired loans	468		468		568
Total OREO	175		175		175
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	400		400		307
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Assets [Abstract]
Total impaired loans	1,928		1,928		1,984
Total OREO	200		200		200
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	79		79		88
Commercial and Industrial [Member]
Assets [Abstract]
Total impaired loans					111
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	64		64		204
Construction and Land [Member]
Assets [Abstract]
Total impaired loans	3,521		3,521		3,309
Total OREO	150		150		1,914
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	990		990		685
Nonrecurring [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	7,817		7,817		7,882
Total OREO	897		897		2,641
Nonrecurring [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Total OREO	0		0		0
Nonrecurring [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Total OREO	0		0		0
Nonrecurring [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	7,817		7,817		7,882
Total OREO	897		897		2,641
Nonrecurring [Member] | Residential Real Estate [Member] | Carrying Amount [Member]
Assets [Abstract]
Total OREO	372		372		352
Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Total OREO	0		0		0
Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total OREO	0		0		0
Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total OREO	372		372		352
Nonrecurring [Member] | Multifamily Real Estate [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	1,900		1,900		1,910
Nonrecurring [Member] | Multifamily Real Estate [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Nonrecurring [Member] | Multifamily Real Estate [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Nonrecurring [Member] | Multifamily Real Estate [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	1,900		1,900		1,910
Nonrecurring [Member] | Commercial Real Estate [Member] | Owner Occupied [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	468		468		568
Total OREO	175		175		175
Nonrecurring [Member] | Commercial Real Estate [Member] | Owner Occupied [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Total OREO	0		0		0
Nonrecurring [Member] | Commercial Real Estate [Member] | Owner Occupied [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Total OREO	0		0		0
Nonrecurring [Member] | Commercial Real Estate [Member] | Owner Occupied [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	468		468		568
Total OREO	175		175		175
Nonrecurring [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	1,928		1,928		1,984
Total OREO	200		200		200
Nonrecurring [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Total OREO	0		0		0
Nonrecurring [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Total OREO	0		0		0
Nonrecurring [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	1,928		1,928		1,984
Total OREO	200		200		200
Nonrecurring [Member] | Commercial and Industrial [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans					111
Nonrecurring [Member] | Commercial and Industrial [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Total impaired loans					0
Nonrecurring [Member] | Commercial and Industrial [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans					0
Nonrecurring [Member] | Commercial and Industrial [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans					111
Nonrecurring [Member] | Construction and Land [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	3,521		3,521		3,309
Total OREO	150		150		1,914
Nonrecurring [Member] | Construction and Land [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Total OREO	0		0		0
Nonrecurring [Member] | Construction and Land [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Total OREO	0		0		0
Nonrecurring [Member] | Construction and Land [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	3,521		3,521		3,309
Total OREO	$ 150		$ 150		$ 1,914

FAIR VALUE, Asset Quantitative

FAIR VALUE, Asset Quantitative Information (Details) $ in Thousands	Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 7,817	$ 7,882
Other real estate owned	897	2,641
Multifamily Real Estate [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 1,900	$ 1,910
Multifamily Real Estate [Member] | Sales Comparison [Member] | Minimum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.467	0.460
Multifamily Real Estate [Member] | Sales Comparison [Member] | Maximum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.467	0.467
Multifamily Real Estate [Member] | Sales Comparison [Member] | Weighted Average [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.467	0.464
Residential Real Estate [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned	$ 372	$ 352
Other real estate owned, valuation technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Other real estate owned, measurement input [Extensible List]	us-gaap:MeasurementInputComparabilityAdjustmentMember	us-gaap:MeasurementInputComparabilityAdjustmentMember
Residential Real Estate [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.092	0.088
Residential Real Estate [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.192	0.502
Residential Real Estate [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.135	0.200
Commercial Real Estate [Member] | Owner Occupied [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 468	$ 568
Other real estate owned	$ 175	$ 175
Other real estate owned, valuation technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Other real estate owned, measurement input [Extensible List]	us-gaap:MeasurementInputComparabilityAdjustmentMember	us-gaap:MeasurementInputComparabilityAdjustmentMember
Commercial Real Estate [Member] | Owner Occupied [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.218	0.218
Commercial Real Estate [Member] | Owner Occupied [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.218	0.218
Commercial Real Estate [Member] | Owner Occupied [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.218	0.218
Commercial Real Estate [Member] | Owner Occupied [Member] | Sales Comparison [Member] | Minimum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.369	0.231
Commercial Real Estate [Member] | Owner Occupied [Member] | Sales Comparison [Member] | Maximum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.369	0.231
Commercial Real Estate [Member] | Owner Occupied [Member] | Sales Comparison [Member] | Weighted Average [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.369	0.231
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 1,928	$ 1,984
Other real estate owned	$ 200	$ 200
Other real estate owned, valuation technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Other real estate owned, measurement input [Extensible List]	us-gaap:MeasurementInputComparabilityAdjustmentMember	us-gaap:MeasurementInputComparabilityAdjustmentMember
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.589	0.589
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.589	0.589
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.589	0.589
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Income Approach [Member] | Minimum [Member] | Adjustment for Differences in Net Operating Income Expectations [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.674	0.674
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Income Approach [Member] | Maximum [Member] | Adjustment for Differences in Net Operating Income Expectations [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.674	0.674
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Income Approach [Member] | Weighted Average [Member] | Adjustment for Differences in Net Operating Income Expectations [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.674	0.674
Commercial and Industrial [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans		$ 111
Commercial and Industrial [Member] | Sales Comparison [Member] | Minimum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs		0.080
Commercial and Industrial [Member] | Sales Comparison [Member] | Maximum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs		0.711
Commercial and Industrial [Member] | Sales Comparison [Member] | Weighted Average [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs		0.642
Construction and Land [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 3,521	$ 3,309
Other real estate owned	$ 150	$ 1,914
Other real estate owned, valuation technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Other real estate owned, measurement input [Extensible List]	us-gaap:MeasurementInputComparabilityAdjustmentMember	us-gaap:MeasurementInputComparabilityAdjustmentMember
Construction and Land [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.503	0.252
Construction and Land [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.503	0.690
Construction and Land [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.503	0.278
Construction and Land [Member] | Sales Comparison [Member] | Minimum [Member] | Adjustment for Percentage of Completion of Construction [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.251	0.277
Construction and Land [Member] | Sales Comparison [Member] | Maximum [Member] | Adjustment for Percentage of Completion of Construction [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.358	0.277
Construction and Land [Member] | Sales Comparison [Member] | Weighted Average [Member] | Adjustment for Percentage of Completion of Construction [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.341	0.277

PENDING ACQUISITION (Details)

PENDING ACQUISITION (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	Apr. 18, 2018	Jun. 30, 2018
Merger Agreement [Abstract]
Cash to be issued in acquisition (in dollars per share)	$ 5
Closing price (in dollars per share)	$ 19.51
Consecutive trading days		20 days
First Bank of Charleston, Inc [Member]
Merger Agreement [Abstract]
Assets to be acquired	$ 180
Consideration to be transferred	$ 33
Price of common stock and cash to be issued (in dollars per share)	$ 32
Special dividend to be issued in acquisition (in dollars per share)	$ 5
Number of shares to be issued in acquisition (in shares)	1,165