Premier Financial Bancorp (PFBI) 10-Q 7 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Nov. 05, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	PREMIER FINANCIAL BANCORP INC
Entity Central Index Key	0000887919
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		14,649,681
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Entity Address, State or Province	WV

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 26,608	$ 22,992
Interest bearing bank balances	80,077	39,911
Federal funds sold	15,983	17,872
Cash and cash equivalents	122,668	80,775
Time deposits with other banks	598	1,094
Securities available for sale	347,811	365,731
Loans	1,140,862	1,149,301
Allowance for loan losses	(13,811)	(13,738)
Net loans	1,127,051	1,135,563
Federal Home Loan Bank stock, at cost	3,538	3,628
Premises and equipment, net	36,384	29,385
Real estate acquired through foreclosure	13,924	14,024
Interest receivable	4,415	4,295
Goodwill	47,640	47,640
Other intangible assets	4,595	5,268
Other assets	1,745	2,712
Total assets	1,710,369	1,690,115
Deposits
Non-interest bearing	369,034	391,763
Time deposits, $250,000 and over	96,117	74,161
Other interest bearing	962,089	964,203
Total deposits	1,427,240	1,430,127
Securities sold under agreements to repurchase	21,721	22,062
Other borrowed funds	0	2,500
FHLB advances	6,362	8,819
Subordinated debt	5,428	5,406
Interest payable	847	733
Other liabilities	11,963	3,739
Total liabilities	1,473,561	1,473,386
Stockholders' equity
Common stock, no par value; 30,000,000 shares authorized; 14,647,515 shares issued and outstanding at September 30, 2019, and 14,624,193 shares issued and outstanding at December 31, 2018	133,680	133,248
Retained earnings	99,047	87,333
Accumulated other comprehensive income (loss)	4,081	(3,852)
Total stockholders' equity	236,808	216,729
Total liabilities and stockholders' equity	$ 1,710,369	$ 1,690,115

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Sep. 30, 2019	Dec. 31, 2018
Stockholders' equity
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	30,000,000
Common stock, shares issued (in shares)	14,647,515	14,624,193
Common stock, shares outstanding (in shares)	14,647,515	14,624,193

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Interest income
Loans, including fees	$ 16,438	$ 13,731	$ 48,954	$ 41,449
Securities available for sale
Taxable	2,266	1,745	6,917	4,787
Tax-exempt	85	52	265	166
Federal funds sold and other	519	473	1,342	1,151
Total interest income	19,308	16,001	57,478	47,553
Interest expense
Deposits	2,367	1,355	6,702	3,583
Repurchase agreements and other	24	10	45	25
Other borrowings	0	37	31	125
FHLB advances	48	0	151	0
Subordinated debt	91	90	281	257
Total interest expense	2,530	1,492	7,210	3,990
Net interest income	16,778	14,509	50,268	43,563
Provision for loan losses	425	275	1,315	1,890
Net interest income after provision for loan losses	16,353	14,234	48,953	41,673
Non-interest income
Service charges on deposit accounts	1,216	1,183	3,432	3,343
Electronic banking income	891	968	2,640	2,677
Secondary market mortgage income	97	29	154	142
Other	267	257	768	572
Total non-interest income	2,471	2,437	6,994	6,734
Non-interest expenses
Salaries and employee benefits	5,422	4,846	16,048	14,667
Occupancy and equipment expenses	1,700	1,570	5,241	4,660
Outside data processing	1,478	1,315	4,288	3,841
Professional fees	286	526	957	1,261
Taxes, other than payroll, property and income	235	217	734	669
Write-downs, expenses, sales of other real estate owned, net	213	26	690	(335)
Amortization of intangibles	223	190	673	575
FDIC insurance	(5)	171	238	443
Other expenses	1,198	1,306	3,515	3,833
Total non-interest expenses	10,750	10,167	32,384	29,614
Income before income taxes	8,074	6,504	23,563	18,793
Provision for income taxes	1,807	1,483	5,261	4,264
Net income	$ 6,267	$ 5,021	$ 18,302	$ 14,529
Net income per share:
Basic (in dollars per share)	$ 0.43	$ 0.38	$ 1.25	$ 1.09
Diluted (in dollars per share)	$ 0.43	$ 0.37	$ 1.24	$ 1.08

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) [Abstract]
Net income	$ 6,267	$ 5,021	$ 18,302	$ 14,529
Other comprehensive income (loss):
Unrealized gains (losses) arising during the period	450	(1,451)	10,042	(6,414)
Reclassification of realized amount	0	0	0	0
Net change in unrealized gain (loss) on securities	450	(1,451)	10,042	(6,414)
Less tax impact	96	(305)	2,109	(1,347)
Other comprehensive income (loss)	354	(1,146)	7,933	(5,067)
Comprehensive income	$ 6,621	$ 3,875	$ 26,235	$ 9,462

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - 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	14,529	0	14,529
Other comprehensive income (loss)	0	0	(5,067)	(5,067)
Cash dividends paid	0	(5,611)	0	(5,611)
Cash in lieu of fractional share for 5 for 4 stock split	0	(13)	0	(13)
Stock options exercised	168	0	0	168
Stock based compensation expense	217	0	0	217
Balances at Sep. 30, 2018	110,830	83,888	(7,140)	187,578
Balances at Jun. 30, 2018	110,727	80,872	(5,994)	185,605
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	5,021	0	5,021
Other comprehensive income (loss)	0	0	(1,146)	(1,146)
Cash dividends paid	0	(2,005)	0	(2,005)
Stock options exercised	67	0	0	67
Stock based compensation expense	36	0	0	36
Balances at Sep. 30, 2018	110,830	83,888	(7,140)	187,578
Balances at Dec. 31, 2018	133,248	87,333	(3,852)	216,729
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	18,302	0	18,302
Other comprehensive income (loss)	0	0	7,933	7,933
Cash dividends paid	0	(6,588)	0	(6,588)
Stock options exercised	176	0	0	176
Stock based compensation expense	256	0	0	256
Balances at Sep. 30, 2019	133,680	99,047	4,081	236,808
Balances at Jun. 30, 2019	133,597	94,978	3,727	232,302
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	6,267	0	6,267
Other comprehensive income (loss)	0	0	354	354
Cash dividends paid	0	(2,198)	0	(2,198)
Stock options exercised	36	0	0	36
Stock based compensation expense	47	0	0	47
Balances at Sep. 30, 2019	$ 133,680	$ 99,047	$ 4,081	$ 236,808

CONSOLIDATED STATEMENT OF CHA_2

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) (Parenthetical)	3 Months Ended		9 Months Ended
	Sep. 30, 2019$ / shares	Sep. 30, 2018$ / shares	Sep. 30, 2019$ / shares	Sep. 30, 2018$ / shares
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) [Abstract]
Cash dividends paid (in dollars per share)	$ 0.15	$ 0.15	$ 0.45	$ 0.42
Stock split ratio				1.25

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities
Net income	$ 18,302	$ 14,529
Adjustments to reconcile net income to net cash from operating activities
Depreciation	1,624	1,274
Provision for loan losses	1,315	1,890
Amortization (accretion), net	89	984
Writedowns (gains on the sale) of other real estate owned, net	176	(909)
Stock compensation expense	256	217
Changes in:
Interest receivable	(120)	(66)
Other assets	(1,158)	1,002
Interest payable	114	104
Other liabilities	812	(19)
Net cash from operating activities	21,410	19,006
Cash flows from investing activities
Net change on time deposits with other banks	496	496
Purchases of securities available for sale	(39,961)	(92,644)
Proceeds from maturities and calls of securities available for sale	67,203	48,355
Purchase of FHLB stock	(10)	0
Redemption of FHLB stock	100	12
Net change in loans	7,394	11,156
Purchases of premises and equipment, net	(1,211)	(2,643)
Proceeds from sales of other real estate acquired through foreclosure	1,254	7,562
Net cash from (used in) investing activities	35,265	(27,706)
Cash flows from financing activities
Net change in deposits	(3,029)	46,930
Net change in agreements to repurchase securities	(341)	1,418
Repayment of other borrowed funds	(2,500)	(1,650)
Repayment of FHLB advances	(2,500)	0
Proceeds from stock option exercises	176	168
Cash in lieu of fractional shares	0	(13)
Common stock dividends paid	(6,588)	(5,611)
Net cash from (used in) financing activities	(14,782)	41,242
Net change in cash and cash equivalents	41,893	32,542
Cash and cash equivalents at beginning of period	80,775	82,663
Cash and cash equivalents at end of period	122,668	115,205
Supplemental disclosures of cash flow information:
Cash paid during period for interest	7,096	3,886
Cash paid during period for income taxes	5,090	2,807
Loans transferred to real estate acquired through foreclosure	1,330	1,066
Operating right-of-use asset resulting from lease liability	$ 7,412	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2019
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”): Year Total September 30, 2019 Net Income Subsidiary Location Acquired Assets Qtr YTD Citizens Deposit Bank & Trust Vanceburg, Kentucky 1991 $ 475,113 $ 1,574 $ 4,517 Premier Bank, Inc. Huntington, West Virginia 1998 1,227,748 5,301 15,550 Parent and Intercompany Eliminations 7,508 (608 ) (1,765 ) Consolidated Total $ 1,710,369 $ 6,267 $ 18,302 All significant intercompany transactions and balances have been eliminated. Recently Issued Accounting Pronouncements 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

SECURITIES

SECURITIES	9 Months Ended
	Sep. 30, 2019
SECURITIES [Abstract]
SECURITIES	NOTE 2 –SECURITIES Amortized cost and fair value of investment securities, by category, at September 30, 2019 are summarized as follows: 2019 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 243,344 $ 3,455 $ (277 ) $ 246,522 U. S. sponsored agency CMO’s - residential 66,774 1,104 (71 ) 67,807 Total mortgage-backed securities of government sponsored agencies 310,118 4,559 (348 ) 314,329 U. S. government sponsored agency securities 17,967 383 (12 ) 18,338 Obligations of states and political subdivisions 12,112 472 - 12,584 Other securities 2,448 112 - 2,560 Total available for sale $ 342,645 $ 5,526 $ (360 ) $ 347,811 Amortized cost and fair value of investment securities, by category, at December 31, 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 $ 259,575 $ 513 $ (4,846 ) $ 255,242 U. S. sponsored agency CMO’s - residential 69,231 94 (782 ) 68,543 Total mortgage-backed securities of government sponsored agencies 328,806 607 (5,628 ) 323,785 U. S. government sponsored agency securities 24,154 196 (180 ) 24,170 Obligations of states and political subdivisions 14,194 176 (43 ) 14,327 Other securities 3,453 6 (10 ) 3,449 Total available for sale $ 370,607 $ 985 $ (5,861 ) $ 365,731 The amortized cost and fair value of securities at September 30, 2019 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 $ 7,115 $ 7,123 Due after one year through five years 17,036 17,449 Due after five years through ten years 3,967 4,156 Due after ten years 4,409 4,754 Mortgage-backed securities of government sponsored agencies 310,118 314,329 Total available for sale $ 342,645 $ 347,811 Securities with unrealized losses at September 30, 2019 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 $ - $ - $ 6,205 $ (12 ) $ 6,205 $ (12 ) U.S government sponsored agency MBS – residential 31,976 (141 ) 13,629 (136 ) 45,605 (277 ) U.S government sponsored agency CMO – residential - - 9,826 (71 ) 9,826 (71 ) Total temporarily impaired $ 31,976 $ (141 ) $ 29,660 $ (219 ) $ 61,636 $ (360 ) Securities with unrealized losses at December 31, 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 $ 999 $ - $ 11,057 $ (180 ) $ 12,056 $ (180 ) U.S government sponsored agency MBS – residential 50,923 (243 ) 158,791 (4,603 ) 209,714 (4,846 ) U.S government sponsored agency CMO’s – residential 16,359 (41 ) 26,386 (741 ) 42,745 (782 ) Obligations of states and political subdivisions 679 (6 ) 3,454 (37 ) 4,133 (43 ) Other securities 1,712 (10 ) - - 1,712 (10 ) Total temporarily impaired $ 70,672 $ (300 ) $ 199,688 $ (5,561 ) $ 270,360 $ (5,861 ) 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 September 30, 2019 and December 31, 2018 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	9 Months Ended
	Sep. 30, 2019
LOANS [Abstract]
LOANS	NOTE 3 - LOANS Major classifications of loans at September 30, 2019 and December 31, 2018 are summarized as follows: 2019 2018 Residential real estate $ 381,310 $ 381,027 Multifamily real estate 38,074 54,016 Commercial real estate: Owner occupied 151,446 138,209 Non-owner occupied 292,879 282,608 Commercial and industrial 98,779 103,624 Consumer 25,296 27,688 Construction and land 122,464 128,926 All other 30,614 33,203 $ 1,140,862 $ 1,149,301 Activity in the allowance for loan losses by portfolio segment for the nine months ended September 30, 2019 was as follows: Loan Class Balance Dec 31, 2018 Provision (credit) for loan losses Loans charged- off Recoveries Balance Sept 30, 2019 Residential real estate $ 1,808 $ 165 $ (121 ) $ 34 $ 1,886 Multifamily real estate 1,649 143 - 7 1,799 Commercial real estate: Owner occupied 2,120 700 (533 ) 5 2,292 Non-owner occupied 3,058 334 (57 ) 2 3,337 Commercial and industrial 1,897 191 (393 ) 48 1,743 Consumer 351 125 (175 ) 34 335 Construction and land 2,255 (349 ) (14 ) - 1,892 All other 600 6 (171 ) 92 527 Total $ 13,738 $ 1,315 $ (1,464 ) $ 222 $ 13,811 Activity in the allowance for loan losses by portfolio segment for the nine months ended September 30, 2018 was as follows: Loan Class Balance Dec 31, 2017 Provision (credit) for loan losses Loans charged- off Recoveries Balance Sept 30, 2018 Residential real estate $ 2,986 $ (509 ) $ (229 ) $ 30 $ 2,278 Multifamily real estate 978 (504 ) (11 ) - 463 Commercial real estate: Owner occupied 1,653 174 (21 ) 1 1,807 Non-owner occupied 2,313 500 (16 ) 2 2,799 Commercial and industrial 1,101 1,108 (525 ) 40 1,724 Consumer 328 90 (105 ) 50 363 Construction and land 2,408 651 (20 ) 400 3,439 All other 337 380 (203 ) 96 610 Total $ 12,104 $ 1,890 $ (1,130 ) $ 619 $ 13,483 Activity in the allowance for loan losses by portfolio segment for the three months ended September 30, 2019 was as follows: Loan Class Balance June 30, 2019 Provision (credit) for loan losses Loans charged- off Recoveries Balance Sept 30, 2019 Residential real estate $ 1,880 $ 61 $ (62 ) $ 7 $ 1,886 Multifamily real estate 1,716 78 - 5 1,799 Commercial real estate: Owner occupied 1,790 500 - 2 2,292 Non-owner occupied 3,280 57 - - 3,337 Commercial and industrial 2,000 13 (280 ) 10 1,743 Consumer 368 (4 ) (35 ) 6 335 Construction and land 2,140 (247 ) (1 ) - 1,892 All other 599 (33 ) (74 ) 35 527 Total $ 13,773 $ 425 $ (452 ) $ 65 $ 13,811 Activity in the allowance for loan losses by portfolio segment for the three months ended September 30, 2018 was as follows: Loan Class Balance June 30, 2018 Provision (credit) for loan losses Loans charged- off Recoveries Balance Sept 30, 2018 Residential real estate $ 2,254 $ 100 $ (81 ) $ 5 $ 2,278 Multifamily real estate 557 (94 ) - - 463 Commercial real estate: Owner occupied 1,917 (92 ) (18 ) - 1,807 Non-owner occupied 2,437 360 - 2 2,799 Commercial and industrial 1,599 132 (21 ) 14 1,724 Consumer 354 39 (42 ) 12 363 Construction and land 3,253 (213 ) (1 ) 400 3,439 All other 611 43 (73 ) 29 610 Total $ 12,982 $ 275 $ (236 ) $ 462 $ 13,483 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 September 30, 2019 and December 31, 2018. 2019 2018 Residential real estate $ 2,132 $ 2,665 Commercial real estate Owner occupied 1,671 2,040 Non-owner occupied 2,694 3,434 Commercial and industrial 333 1,720 Construction and land 556 1,212 All other 233 225 Total carrying amount $ 7,619 $ 11,296 Contractual principal balance $ 11,037 $ 15,436 Carrying amount, net of allowance $ 7,619 $ 11,296 For those purchased loans disclosed above, the Company did not increase the allowance for loan losses during the nine months ended September 30, 2019 and September 30, 2018. 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 September 30, 2019 and September 30, 2018. 2019 2018 Balance at January 1 $ 642 $ 754 New loans purchased - - Accretion of income (149 ) (141 ) Loans placed on non-accrual - (52 ) Income recognized upon full repayment (74 ) (38 ) Reclassifications from non-accretable difference - - Disposals - - Balance at September 30 $ 419 $ 523 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 September 30, 2019 and December 31, 2018. 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. September 30, 2019 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 5,043 $ 4,014 $ 975 Multifamily real estate 4,113 3,726 - Commercial real estate Owner occupied 3,807 3,482 54 Non-owner occupied 3,010 1,786 447 Commercial and industrial 1,224 434 - Consumer 235 191 - Construction and land 483 458 - All other 75 73 - Total $ 17,990 $ 14,164 $ 1,476 December 31, 2018 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 4,966 $ 3,708 $ 954 Multifamily real estate 4,127 3,905 - Commercial real estate Owner occupied 3,692 3,436 56 Non-owner occupied 5,761 4,592 76 Commercial and industrial 1,303 625 - Consumer 292 253 - Construction and land 857 856 - All other 75 73 - Total $ 21,073 $ 17,448 $ 1,086 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 September 30, 2019 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 $ 381,310 $ 6,108 $ 2,776 $ 8,884 $ 372,426 Multifamily real estate 38,074 - 89 89 37,985 Commercial real estate: Owner occupied 151,446 56 1,995 2,051 149,395 Non-owner occupied 292,879 1,787 990 2,777 290,102 Commercial and industrial 98,779 314 261 575 98,204 Consumer 25,296 255 49 304 24,992 Construction and land 122,464 285 3 288 122,176 All other 30,614 - 73 73 30,541 Total $ 1,140,862 $ 8,805 $ 6,236 $ 15,041 $ 1,125,821 The following table presents the aging of the recorded investment in past due loans as of December 31, 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 $ 381,027 $ 7,078 $ 2,594 $ 9,672 $ 371,355 Multifamily real estate 54,016 - 110 110 53,906 Commercial real estate: Owner occupied 138,209 124 2,601 2,725 135,484 Non-owner occupied 282,608 172 3,301 3,473 279,135 Commercial and industrial 103,624 2,235 262 2,497 101,127 Consumer 27,688 247 112 359 27,329 Construction and land 128,926 388 810 1,198 127,728 All other 33,203 546 73 619 32,584 Total $ 1,149,301 $ 10,790 $ 9,863 $ 20,653 $ 1,128,648 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 September 30, 2019: 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 $ - $ 1,886 $ - $ 1,886 $ 65 $ 379,113 $ 2,132 $ 381,310 Multifamily real estate 1,570 229 - 1,799 3,725 34,349 - 38,074 Commercial real estate: Owner occupied 426 1,866 - 2,292 2,699 147,076 1,671 151,446 Non-owner occupied 219 3,118 - 3,337 3,917 286,268 2,694 292,879 Commercial and industrial 192 1,551 - 1,743 386 98,060 333 98,779 Consumer - 335 - 335 - 25,296 - 25,296 Construction and land 66 1,826 1,892 446 121,462 556 122,464 All other - 527 - 527 - 30,381 233 30,614 Total $ 2,473 $ 11,338 $ - $ 13,811 $ 11,238 $ 1,122,005 $ 7,619 $ 1,140,862 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, 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 $ - $ 1,808 $ - $ 1,808 $ 298 $ 378,064 $ 2,665 $ 381,027 Multifamily real estate 1,281 368 - 1,649 3,905 50,111 - 54,016 Commercial real estate: Owner occupied 692 1,428 - 2,120 2,820 133,349 2,040 138,209 Non-owner occupied 267 2,791 - 3,058 10,111 269,063 3,434 282,608 Commercial and industrial 414 1,483 - 1,897 558 101,346 1,720 103,624 Consumer - 351 - 351 - 27,688 - 27,688 Construction and land 142 2,113 - 2,255 1,351 126,363 1,212 128,926 All other - 600 - 600 - 32,978 225 33,203 Total $ 2,796 $ 10,942 $ - $ 13,738 $ 19,043 $ 1,118,962 $ 11,296 $ 1,149,301 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 September 30, 2019. The table includes $1,174,000 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 $ 192 $ 65 $ - Multifamily real estate 96 89 - Commercial real estate Owner occupied 2,618 2,334 - Non-owner occupied 2,527 1,776 - Commercial and industrial 509 - - 5,942 4,264 - With an allowance recorded: Multifamily real estate 4,016 3,636 1,570 Commercial real estate Owner occupied 1,114 1,087 426 Non-owner occupied 2,702 2,593 219 Commercial and industrial 396 386 192 Construction and land 470 446 66 8,698 8,148 2,473 Total $ 14,640 $ 12,412 $ 2,473 The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2018. The table includes $1,160,000 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 $ 426 $ 298 $ - Multifamily real estate 110 110 - Commercial real estate Owner occupied 1,305 1,092 - Non-owner occupied 8,458 7,740 - Commercial and industrial 531 - - Construction and land 786 786 - 11,616 10,026 - With an allowance recorded: Multifamily real estate $ 4,016 $ 3,795 $ 1,281 Commercial real estate Owner occupied 2,523 2,478 692 Non-owner occupied 2,852 2,781 267 Commercial and industrial 562 558 414 Construction and land 565 565 142 10,518 10,177 2,796 Total $ 22,134 $ 20,203 $ 2,796 The following table presents the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the nine months ended September 30, 2019 and September 30, 2018. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Nine months ended Sept 30, 2019 Nine months ended Sept 30, 2018 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 $ 217 $ - $ - $ 301 $ - $ - Multifamily real estate 3,823 - - 2,192 11 11 Commercial real estate: Owner occupied 3,779 10 10 3,163 54 54 Non-owner occupied 9,009 664 664 9,005 327 327 Commercial and industrial 517 3 3 990 21 21 Construction and land 910 123 123 4,633 12 12 All other - - - 216 10 10 Total $ 18,255 $ 800 $ 800 $ 20,500 $ 435 $ 435 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 September 30, 2019 and September 30, 2018. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Three months ended Sept 30, 2019 Three months ended Sept 30, 2018 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 $ 170 $ - $ - $ 299 $ - $ - Multifamily real estate 3,768 - - 1,939 - - Commercial real estate: Owner occupied 3,683 4 4 3,041 3 3 Non-owner occupied 7,439 478 478 7,489 86 86 Commercial and industrial 535 1 1 532 5 5 Construction and land 480 2 2 4,467 9 9 All other - - - 142 6 6 Total $ 16,075 $ 485 $ 485 $ 17,909 $ 109 $ 109 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 September 30, 2019 and December 31, 2018: September 30, 2019 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 36 $ 161 $ 197 Multifamily real estate 3,636 - 3,636 Commercial real estate Owner occupied 1,087 210 1,297 Non-owner occupied - 2,674 2,674 Commercial and industrial 191 - 191 Total $ 4,950 $ 3,045 $ 7,995 December 31, 2018 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 347 $ 97 $ 444 Multifamily real estate 3,795 - 3,795 Commercial real estate Owner occupied 1,647 222 1,869 Non-owner occupied - 5,964 5,964 Commercial and industrial 191 - 191 Total $ 5,980 $ 6,283 $ 12,263 At September 30, 2019, $1,956,000 in specific reserves were allocated to loans that had restructured terms resulting in a provision for loan losses of $263,000 for the three months ended September 30, 2019 and $413,000 for the nine months ended September 30, 2019. This compares to a provision for loan losses on restructured loans of $140,000 for the three months ended September 30, 2018 and $303,000 for the nine months ended September 30, 2018. At December 31, 2018, $1,630,000 in specific reserves were 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 nine months ended September 30, 2019 and September 30, 2018. During the three and nine months ended September 30, 2019 and the three and nine months ended September 30, 2018, 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 September 30, 2019, 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 $ 368,996 $ 3,026 $ 9,288 $ - $ 381,310 Multifamily real estate 32,577 1,771 3,726 - 38,074 Commercial real estate: Owner occupied 140,610 4,401 6,435 - 151,446 Non-owner occupied 281,887 5,426 5,566 - 292,879 Commercial and industrial 94,930 2,969 880 - 98,779 Consumer 25,059 - 237 - 25,296 Construction and land 111,764 9,798 902 - 122,464 All other 30,290 155 169 - 30,614 Total $ 1,086,113 $ 27,546 $ 27,203 $ - $ 1,140,862 As of December 31, 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 $ 369,808 $ 1,376 $ 9,681 $ 162 $ 381,027 Multifamily real estate 45,187 4,924 3,905 - 54,016 Commercial real estate: Owner occupied 126,422 4,840 6,947 - 138,209 Non-owner occupied 262,149 7,647 12,812 - 282,608 Commercial and industrial 96,066 5,280 2,278 - 103,624 Consumer 27,344 31 313 - 27,688 Construction and land 107,196 19,728 2,002 128,926 All other 32,749 381 73 - 33,203 Total $ 1,066,921 $ 44,207 $ 38,011 $ 162 $ 1,149,301

STOCKHOLDERS' EQUITY AND REGULA

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS	9 Months Ended
	Sep. 30, 2019
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 2019 the Banks could, without prior approval, declare dividends to the Company of approximately $8.4 million plus any 2019 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 September 30, 2019, 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: September 30, 2019 December 31, 2018 Regulatory Minimum Requirements To Be Considered Well Capitalized Common Equity Tier 1 Capital (to Risk-Weighted Assets) 15.4 % 14.2 % 4.5 % 6.5 % Tier 1 Capital (to Risk-Weighted Assets) 15.9 % 14.7 % 6.0 % 8.0 % Total Capital (to Risk-Weighted Assets) 17.1 % 15.9 % 8.0 % 10.0 % Tier 1 Capital (to Average Assets) 11.4 % 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 is measured as a percentage of risk weighted assets and was phased-in over a four year period from 2016 thru 2019. As of January 1, 2019, the capital conservation buffer is 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 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 9.07% at September 30, 2019 and 7.88% at December 31, 2018, well in excess of the fully phased-in 2.50% required by January 1, 2019. The Company leases certain banking facilities and equipment under various agreements with original terms provide for fixed monthly payments over periods generally ranging from two to sixteen years, including renewal options. Certain leases contain renewal options and rent escalation clauses calling for rent increases during the term of the lease. Short-term leases of equipment are recognized on a straight-line basis over the lease term. As of September 30, 2019, the weighted average remaining lease term for operating leases was 9.59 years and the weighted average discount rate used in the measurement of operating lease liabilities was 2.22%. Total lease expense for the nine months ended September 30, 2019, which is included in net occupancy and equipment expense, was $922,000, consisting of $75,000 short-term lease expense and $847,000 of operating lease expense. For the three months ended September 30, 2019, lease expense was $300,000, consisting of $27,000 short-term lease expense and $273,000 of operating lease expense. The following table summarizes the future minimum rental commitments under operating leases: 2019 $ 268 2020 1,059 2021 1,013 2022 995 2023 779 2024 and thereafter 4,172 Total undiscounted cash flows 8,286 Discounted cash flows (874 ) Total lease liability $ 7,412

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	9 Months Ended
	Sep. 30, 2019
PREMISES AND EQUIPMENT [Abstract]
PREMISES AND EQUIPMENT	NOTE 5 – PREMISES AND EQUIPMENT The Company leases certain banking facilities and equipment under various agreements with original terms provide for fixed monthly payments over periods generally ranging from two to sixteen years, including renewal options. Certain leases contain renewal options and rent escalation clauses calling for rent increases during the term of the lease. Short-term leases of equipment are recognized on a straight-line basis over the lease term. As of September 30, 2019, the weighted average remaining lease term for operating leases was 9.59 years and the weighted average discount rate used in the measurement of operating lease liabilities was 2.22%. Total lease expense for the nine months ended September 30, 2019, which is included in net occupancy and equipment expense, was $922,000, consisting of $75,000 short-term lease expense and $847,000 of operating lease expense. For the three months ended September 30, 2019, lease expense was $300,000, consisting of $27,000 short-term lease expense and $273,000 of operating lease expense. The following table summarizes the future minimum rental commitments under operating leases: 2019 $ 268 2020 1,059 2021 1,013 2022 995 2023 779 2024 and thereafter 4,172 Total undiscounted cash flows 8,286 Discounted cash flows (874 ) Total lease liability $ 7,412

STOCK COMPENSATION EXPENSE

STOCK COMPENSATION EXPENSE	9 Months Ended
	Sep. 30, 2019
STOCK COMPENSATION EXPENSE [Abstract]
STOCK COMPENSATION EXPENSE	NOTE 6 – 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 20, 2019, 72,075 incentive stock options were granted under the 2012 Long Term Incentive Plan at an exercise price of $15.57, the closing market price of Premier’s common stock on the grant date. These options vest in three equal annual installments ending on March 20, 2022. 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 adjusted for the 5 for 4 stock split issued by the Company on June 8, 2018. These options vest in three equal annual installments ending on March 21, 2021. On April 17, 2019, 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 $16.78 per share based upon the closing price of Premier’s stock on the date of grant and $126,000 of stock-based compensation was recorded as a result. 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. Compensation expense of $256,000 was recorded for the first nine months of 2019 while $217,000 was recorded for the first nine months of 2018. 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 $175,000 at September 30, 2019. This unrecognized expense is expected to be recognized over the next 29 months based on the vesting periods of the options.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2019
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	NOTE 7 – 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 nine months ended September 30, 2019 and 2018 is presented below: Three Months Ended Sept 30, Nine Months Ended Sept 30, 2019 2018 2019 2018 Basic earnings per share Income available to common stockholders $ 6,267 $ 5,021 $ 18,302 $ 14,529 Weighted average common shares outstanding 14,645,002 13,368,782 14,636,004 13,356,998 Earnings per share $ 0.43 $ 0.38 $ 1.25 $ 1.09 Diluted earnings per share Income available to common stockholders $ 6,267 $ 5,021 $ 18,302 $ 14,529 Weighted average common shares outstanding 14,645,002 13,368,782 14,636,004 13,356,998 Add dilutive effects of potential additional common stock 75,513 123,624 76,136 102,578 Weighted average common and dilutive potential common shares outstanding 14,720,515 13,492,406 14,712,140 13,459,576 Earnings per share assuming dilution $ 0.43 $ 0.37 $ 1.24 $ 1.08 There were no stock options considered antidilutive for the three or nine months ended September 30, 2019 and 2018.

FAIR VALUE

FAIR VALUE	9 Months Ended
	Sep. 30, 2019
FAIR VALUE [Abstract]
FAIR VALUE	NOTE 8 – 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. Fair values for loans is measured at the exit price notion by using the discounted cash flow or collateral value but also incorporates additional factors such as using economic factors, credit risk, and market rates and conditions. 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 September 30, 2019 were as follows: Fair Value Measurements at September 30, 2018 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 106,685 $ 106,685 $ - $ - $ 106,685 Time deposits with other banks 598 - 599 - 599 Federal funds sold 15,983 15,983 - - 15,983 Securities available for sale 347,811 - 347,811 - 347,811 Loans, net 1,127,051 - - 1,118,758 1,118,758 Federal Home Loan Bank stock 3,538 n/a n/a n/a n/a Interest receivable 4,415 5 990 3,420 4,415 Financial liabilities Deposits $ (1,427,240 ) $ (1,025,301 ) $ (399,595 ) $ - $ (1,424,896 ) Securities sold under agreements to repurchase (21,721 ) - (21,721 ) - (21,721 ) FHLB advances (6,362 ) - (6,401 ) - (6,401 ) Subordinated debt (5,428 ) - (5,424 ) - (5,424 ) Interest payable (847 ) (16 ) (831 ) - (847 ) The carrying amounts and estimated fair values of financial instruments at December 31, 2018 were as follows: Fair Value Measurements at December 31, 2018 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 62,903 $ 62,903 $ - $ - $ 62,903 Time deposits with other banks 1,094 - 1,085 - 1,085 Federal funds sold 17,872 17,872 - - 17,872 Securities available for sale 365,731 - 365,231 500 365,731 Loans, net 1,135,563 - - 1,121,517 1,121,517 Federal Home Loan Bank stock 3,628 n/a n/a n/a n/a Interest receivable 4,295 - 1,032 3,263 4,295 Financial liabilities Deposits $ (1,430,127 ) $ (1,039,430 ) $ (384,496 ) $ - $ (1,423,926 ) Securities sold under agreements to repurchase (22,062 ) - (22,062 ) - (22,062 ) FHLB advances (8,819 ) - (8,688 ) - (8,688 ) Other borrowed funds (2,500 ) - (2,478 ) - (2,478 ) Subordinated debt (5,406 ) - (5,509 ) - (5,509 ) Interest payable (733 ) (22 ) (711 ) - (733 ) 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 September 30, 2019 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 $ 246,522 $ - $ 246,522 $ - U. S. agency CMO’s - residential 67,807 - 67,807 - Total mortgage-backed securities of government sponsored agencies 314,329 - 314,329 - U. S. government sponsored agency securities 18,338 - 18,338 - Obligations of states and political subdivisions 12,584 - 12,584 - Other securities 2,560 - 2,560 - Total securities available for sale $ 347,811 $ - $ 347,811 $ - Fair Value Measurements at December 31, 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 $ 255,242 $ - $ 255,242 $ - U. S. agency CMO’s 68,543 - 68,543 - Total mortgage-backed securities of government sponsored agencies 323,785 - 323,785 - U. S. government sponsored agency securities 24,170 - 24,170 - Obligations of states and political subdivisions 14,327 - 14,327 - Other securities 3,449 - 2,949 500 Total securities available for sale $ 365,731 $ - $ 365,231 $ 500 There were no transfers between Level 1 and Level 2 during 2019 or 2018. The table below presents a reconciliation of all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended September 30, 2019: Securities Available-for-sale Nine Months Ended September 30, 2019 Balance of recurring Level 3 assets at beginning of period $ 500 Total gains or losses (realized/unrealized): Included in earnings – realized - Included in earnings – unrealized - Included in other comprehensive income - Purchases, sales, issuances and settlements, net (500 ) Transfers in and/or out of Level 3 - Balance of recurring Level 3 assets at period-end $ - 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 September 30, 2019 are summarized below: Fair Value Measurements at September 30, 2019 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 $ 2,066 $ - $ - $ 2,066 Commercial real estate Owner occupied 661 - - 661 Non-owner occupied 2,374 - - 2,374 Commercial and industrial 194 - - 194 Construction and land 380 - - 380 Total impaired loans $ 5,675 $ - $ - $ 5,675 Other real estate owned: Residential real estate $ 1,149 $ - $ - $ 1,149 Multifamily real estate 10,307 - - 10,307 Commercial real estate Owner occupied 291 - - 291 Construction and land 829 - - 829 Total OREO $ 12,576 $ - $ - $ 12,576 Impaired loans, which are measured for impairment using the fair value of the collateral for collateral dependent loans, had a carrying amount of $8,148,000 at September 30, 2019 with a valuation allowance of $2,473,000 and a carrying amount of $10,177,000 at December 31, 2018 with a valuation allowance of $2,796,000. The change resulted in a provision for loan losses of $324,000 for the nine-months ended September 30, 2019, compared to a $868,000 provision for loan losses for the nine-months ended September 30, 2018 and a $98,000 increase in provision for loans losses for the three months ended September 30, 2019, compared to a $348,000 increase in provision for loan losses for the three months ended September 30, 2018. 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 $12,576,000, which is made up of the outstanding balance of $13,455,000 net of a valuation allowance of $879,000 at September 30, 2019. There were $311,000 of writedowns during the nine months ended September 30, 2019, compared to $120,000 of writedowns during the nine months ended September 30, 2018. For the three months ended September 30, 2019 there were $180,000 of additional writedowns compared to no additional writedowns during the three months ended September 30, 2018. At December 31, 2018, other real estate owned had a net carrying amount of $11,766,000, made up of the outstanding balance of $12,769,000, net of a valuation allowance of $1,003,000. The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at September 30, 2019 are summarized below: September 30, 2019 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 2,066 sales comparison adjustment for estimated realizable value 55.2%-55.2% (55.2 %) Commercial real estate Owner occupied 661 sales comparison adjustment for estimated realizable value 68.4%-68.4% (68.4 %) Non-owner occupied 2,374 income approach adjustment for differences in net operating income expectations 23.4%-67.4% (56.4 %) Commercial and industrial 194 sales comparison adjustment for estimated realizable value 0.0%-0.0% (0.0 %) Construction and land 380 sales comparison adjustment for estimated realizable value 56.5%-56.5% (56.5 %) Total impaired loans $ 5,675 Other real estate owned: Residential real estate $ 1,149 sales comparison adjustment for estimated realizable value 0.2%-59.8% (20.2 %) Multifamily real estate 10,307 income approach adjustment for differences in net operating income expectations 20.0%-20.0% (20.0 %) Commercial real estate Owner occupied 291 sales comparison adjustment for estimated realizable value 14.6%-83.2% (39.0 %) Construction and land 829 sales comparison adjustment for estimated realizable value 37.5%-69.9% (64.1 %) Total OREO $ 12,576 Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2018 are summarized below: Fair Value Measurements at December 31, 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 $ 2,514 $ - $ - $ 2,514 Commercial real estate Owner occupied 1,786 - - 1,786 Non-owner occupied 2,514 - - 2,514 Commercial and industrial 144 - - 144 Construction and land 423 - - 423 Total impaired loans $ 7,381 $ - $ - $ 7,381 Other real estate owned: Residential real estate $ 984 $ - $ - $ 984 Multifamily real estate 10,307 - - 10,307 Commercial real estate Owner occupied 125 - - 125 Non-owner occupied 200 - - 200 Construction and land 150 - - 150 Total OREO $ 11,766 $ - $ - $ 11,766 The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at December 31, 2018 are summarized below: December 31, 2018 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 2,514 sales comparison adjustment for estimated realizable value 45.3%-45.3% (45.3 %) Commercial real estate Owner occupied 1,786 sales comparison adjustment for estimated realizable value 31.5%-50.6% (35.5 %) Non-owner occupied 2,514 income approach adjustment for differences in net operating income expectations 16.1%-67.2% (54.1 %) Commercial and industrial 144 sales comparison adjustment for estimated realizable value 0.0%-0.0% (0.0 %) Construction and land 423 sales comparison adjustment for estimated realizable value 53.2%-83.6% (54.5 %) Total impaired loans $ 7,381 Other real estate owned: Residential real estate $ 984 sales comparison adjustment for estimated realizable value 19.2%-59.8% (21.9 %) Multifamily real estate 10,307 income approach adjustment for differences in net operating income expectations 20.0%-20.0% (20.0 %) Commercial real estate Owner occupied 125 sales comparison adjustment for estimated realizable value 42.4%-42.4% (42.4 %) Non-owner occupied 200 sales comparison adjustment for estimated realizable value 57.9%-57.9% (57.9 %) Construction and land 150 sales comparison adjustment for estimated realizable value 50.3%-50.3% (50.3 %) Total OREO $ 11,766

SUBSEQUENT EVENT

SUBSEQUENT EVENT	9 Months Ended
	Sep. 30, 2019
SUBSEQUENT EVENT [Abstract]
SUBSEQUENT EVENT	NOTE 9 - SUBSEQUENT EVENT Effective with the close of business on October 25, 2019, Premier completed its purchase of The First National Bank of Jackson (“Jackson”), a $103.6 million national bank (as of September 30, 2019) headquartered in Jackson, Kentucky whereby Citizens Deposit Bank and Trust, Inc., Premier's wholly owned subsidiary, purchased Jackson for $14,560,000 in cash. Under terms of the Merger Agreement, Citizens purchased all the shares of Jackson common stock for an amount equal to Jackson’s total shareholder equity at the effective time, plus certain adjustments and subsequently merged Jackson with and into Citizens. Management has not yet completed all of the analyses needed to estimate the fair value of the assets and liabilities acquired, both tangible and intangible.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2019
BASIS OF PRESENTATION [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements 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

BASIS OF PRESENTATION (Tables)

BASIS OF PRESENTATION (Tables)	9 Months Ended
	Sep. 30, 2019
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”): Year Total September 30, 2019 Net Income Subsidiary Location Acquired Assets Qtr YTD Citizens Deposit Bank & Trust Vanceburg, Kentucky 1991 $ 475,113 $ 1,574 $ 4,517 Premier Bank, Inc. Huntington, West Virginia 1998 1,227,748 5,301 15,550 Parent and Intercompany Eliminations 7,508 (608 ) (1,765 ) Consolidated Total $ 1,710,369 $ 6,267 $ 18,302

SECURITIES (Tables)

SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2019
SECURITIES [Abstract]
Amortized Cost and Fair Value of Investment Securities, by Category	Amortized cost and fair value of investment securities, by category, at September 30, 2019 are summarized as follows: 2019 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 243,344 $ 3,455 $ (277 ) $ 246,522 U. S. sponsored agency CMO’s - residential 66,774 1,104 (71 ) 67,807 Total mortgage-backed securities of government sponsored agencies 310,118 4,559 (348 ) 314,329 U. S. government sponsored agency securities 17,967 383 (12 ) 18,338 Obligations of states and political subdivisions 12,112 472 - 12,584 Other securities 2,448 112 - 2,560 Total available for sale $ 342,645 $ 5,526 $ (360 ) $ 347,811 Amortized cost and fair value of investment securities, by category, at December 31, 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 $ 259,575 $ 513 $ (4,846 ) $ 255,242 U. S. sponsored agency CMO’s - residential 69,231 94 (782 ) 68,543 Total mortgage-backed securities of government sponsored agencies 328,806 607 (5,628 ) 323,785 U. S. government sponsored agency securities 24,154 196 (180 ) 24,170 Obligations of states and political subdivisions 14,194 176 (43 ) 14,327 Other securities 3,453 6 (10 ) 3,449 Total available for sale $ 370,607 $ 985 $ (5,861 ) $ 365,731
Amortized Cost and Fair Value of Securities by Contractual Maturity	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 $ 7,115 $ 7,123 Due after one year through five years 17,036 17,449 Due after five years through ten years 3,967 4,156 Due after ten years 4,409 4,754 Mortgage-backed securities of government sponsored agencies 310,118 314,329 Total available for sale $ 342,645 $ 347,811
Securities with Unrealized Losses in Continuous Unrealized Loss Position	Securities with unrealized losses at September 30, 2019 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 $ - $ - $ 6,205 $ (12 ) $ 6,205 $ (12 ) U.S government sponsored agency MBS – residential 31,976 (141 ) 13,629 (136 ) 45,605 (277 ) U.S government sponsored agency CMO – residential - - 9,826 (71 ) 9,826 (71 ) Total temporarily impaired $ 31,976 $ (141 ) $ 29,660 $ (219 ) $ 61,636 $ (360 ) Securities with unrealized losses at December 31, 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 $ 999 $ - $ 11,057 $ (180 ) $ 12,056 $ (180 ) U.S government sponsored agency MBS – residential 50,923 (243 ) 158,791 (4,603 ) 209,714 (4,846 ) U.S government sponsored agency CMO’s – residential 16,359 (41 ) 26,386 (741 ) 42,745 (782 ) Obligations of states and political subdivisions 679 (6 ) 3,454 (37 ) 4,133 (43 ) Other securities 1,712 (10 ) - - 1,712 (10 ) Total temporarily impaired $ 70,672 $ (300 ) $ 199,688 $ (5,561 ) $ 270,360 $ (5,861 )

LOANS (Tables)

LOANS (Tables)	9 Months Ended
	Sep. 30, 2019
LOANS [Abstract]
Major Classifications of Loans	Major classifications of loans at September 30, 2019 and December 31, 2018 are summarized as follows: 2019 2018 Residential real estate $ 381,310 $ 381,027 Multifamily real estate 38,074 54,016 Commercial real estate: Owner occupied 151,446 138,209 Non-owner occupied 292,879 282,608 Commercial and industrial 98,779 103,624 Consumer 25,296 27,688 Construction and land 122,464 128,926 All other 30,614 33,203 $ 1,140,862 $ 1,149,301
Activity in the Allowance for Loan Losses by Portfolio Segment	Activity in the allowance for loan losses by portfolio segment for the nine months ended September 30, 2019 was as follows: Loan Class Balance Dec 31, 2018 Provision (credit) for loan losses Loans charged- off Recoveries Balance Sept 30, 2019 Residential real estate $ 1,808 $ 165 $ (121 ) $ 34 $ 1,886 Multifamily real estate 1,649 143 - 7 1,799 Commercial real estate: Owner occupied 2,120 700 (533 ) 5 2,292 Non-owner occupied 3,058 334 (57 ) 2 3,337 Commercial and industrial 1,897 191 (393 ) 48 1,743 Consumer 351 125 (175 ) 34 335 Construction and land 2,255 (349 ) (14 ) - 1,892 All other 600 6 (171 ) 92 527 Total $ 13,738 $ 1,315 $ (1,464 ) $ 222 $ 13,811 Activity in the allowance for loan losses by portfolio segment for the nine months ended September 30, 2018 was as follows: Loan Class Balance Dec 31, 2017 Provision (credit) for loan losses Loans charged- off Recoveries Balance Sept 30, 2018 Residential real estate $ 2,986 $ (509 ) $ (229 ) $ 30 $ 2,278 Multifamily real estate 978 (504 ) (11 ) - 463 Commercial real estate: Owner occupied 1,653 174 (21 ) 1 1,807 Non-owner occupied 2,313 500 (16 ) 2 2,799 Commercial and industrial 1,101 1,108 (525 ) 40 1,724 Consumer 328 90 (105 ) 50 363 Construction and land 2,408 651 (20 ) 400 3,439 All other 337 380 (203 ) 96 610 Total $ 12,104 $ 1,890 $ (1,130 ) $ 619 $ 13,483 Activity in the allowance for loan losses by portfolio segment for the three months ended September 30, 2019 was as follows: Loan Class Balance June 30, 2019 Provision (credit) for loan losses Loans charged- off Recoveries Balance Sept 30, 2019 Residential real estate $ 1,880 $ 61 $ (62 ) $ 7 $ 1,886 Multifamily real estate 1,716 78 - 5 1,799 Commercial real estate: Owner occupied 1,790 500 - 2 2,292 Non-owner occupied 3,280 57 - - 3,337 Commercial and industrial 2,000 13 (280 ) 10 1,743 Consumer 368 (4 ) (35 ) 6 335 Construction and land 2,140 (247 ) (1 ) - 1,892 All other 599 (33 ) (74 ) 35 527 Total $ 13,773 $ 425 $ (452 ) $ 65 $ 13,811 Activity in the allowance for loan losses by portfolio segment for the three months ended September 30, 2018 was as follows: Loan Class Balance June 30, 2018 Provision (credit) for loan losses Loans charged- off Recoveries Balance Sept 30, 2018 Residential real estate $ 2,254 $ 100 $ (81 ) $ 5 $ 2,278 Multifamily real estate 557 (94 ) - - 463 Commercial real estate: Owner occupied 1,917 (92 ) (18 ) - 1,807 Non-owner occupied 2,437 360 - 2 2,799 Commercial and industrial 1,599 132 (21 ) 14 1,724 Consumer 354 39 (42 ) 12 363 Construction and land 3,253 (213 ) (1 ) 400 3,439 All other 611 43 (73 ) 29 610 Total $ 12,982 $ 275 $ (236 ) $ 462 $ 13,483
Purchased Impaired Loans	The carrying amount of those loans is as follows at September 30, 2019 and December 31, 2018. 2019 2018 Residential real estate $ 2,132 $ 2,665 Commercial real estate Owner occupied 1,671 2,040 Non-owner occupied 2,694 3,434 Commercial and industrial 333 1,720 Construction and land 556 1,212 All other 233 225 Total carrying amount $ 7,619 $ 11,296 Contractual principal balance $ 11,037 $ 15,436 Carrying amount, net of allowance $ 7,619 $ 11,296
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 September 30, 2019 and September 30, 2018. 2019 2018 Balance at January 1 $ 642 $ 754 New loans purchased - - Accretion of income (149 ) (141 ) Loans placed on non-accrual - (52 ) Income recognized upon full repayment (74 ) (38 ) Reclassifications from non-accretable difference - - Disposals - - Balance at September 30 $ 419 $ 523
Past Due and Non-performing Loans	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. September 30, 2019 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 5,043 $ 4,014 $ 975 Multifamily real estate 4,113 3,726 - Commercial real estate Owner occupied 3,807 3,482 54 Non-owner occupied 3,010 1,786 447 Commercial and industrial 1,224 434 - Consumer 235 191 - Construction and land 483 458 - All other 75 73 - Total $ 17,990 $ 14,164 $ 1,476 December 31, 2018 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 4,966 $ 3,708 $ 954 Multifamily real estate 4,127 3,905 - Commercial real estate Owner occupied 3,692 3,436 56 Non-owner occupied 5,761 4,592 76 Commercial and industrial 1,303 625 - Consumer 292 253 - Construction and land 857 856 - All other 75 73 - Total $ 21,073 $ 17,448 $ 1,086
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 September 30, 2019 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 $ 381,310 $ 6,108 $ 2,776 $ 8,884 $ 372,426 Multifamily real estate 38,074 - 89 89 37,985 Commercial real estate: Owner occupied 151,446 56 1,995 2,051 149,395 Non-owner occupied 292,879 1,787 990 2,777 290,102 Commercial and industrial 98,779 314 261 575 98,204 Consumer 25,296 255 49 304 24,992 Construction and land 122,464 285 3 288 122,176 All other 30,614 - 73 73 30,541 Total $ 1,140,862 $ 8,805 $ 6,236 $ 15,041 $ 1,125,821 The following table presents the aging of the recorded investment in past due loans as of December 31, 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 $ 381,027 $ 7,078 $ 2,594 $ 9,672 $ 371,355 Multifamily real estate 54,016 - 110 110 53,906 Commercial real estate: Owner occupied 138,209 124 2,601 2,725 135,484 Non-owner occupied 282,608 172 3,301 3,473 279,135 Commercial and industrial 103,624 2,235 262 2,497 101,127 Consumer 27,688 247 112 359 27,329 Construction and land 128,926 388 810 1,198 127,728 All other 33,203 546 73 619 32,584 Total $ 1,149,301 $ 10,790 $ 9,863 $ 20,653 $ 1,128,648
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 September 30, 2019: 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 $ - $ 1,886 $ - $ 1,886 $ 65 $ 379,113 $ 2,132 $ 381,310 Multifamily real estate 1,570 229 - 1,799 3,725 34,349 - 38,074 Commercial real estate: Owner occupied 426 1,866 - 2,292 2,699 147,076 1,671 151,446 Non-owner occupied 219 3,118 - 3,337 3,917 286,268 2,694 292,879 Commercial and industrial 192 1,551 - 1,743 386 98,060 333 98,779 Consumer - 335 - 335 - 25,296 - 25,296 Construction and land 66 1,826 1,892 446 121,462 556 122,464 All other - 527 - 527 - 30,381 233 30,614 Total $ 2,473 $ 11,338 $ - $ 13,811 $ 11,238 $ 1,122,005 $ 7,619 $ 1,140,862 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, 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 $ - $ 1,808 $ - $ 1,808 $ 298 $ 378,064 $ 2,665 $ 381,027 Multifamily real estate 1,281 368 - 1,649 3,905 50,111 - 54,016 Commercial real estate: Owner occupied 692 1,428 - 2,120 2,820 133,349 2,040 138,209 Non-owner occupied 267 2,791 - 3,058 10,111 269,063 3,434 282,608 Commercial and industrial 414 1,483 - 1,897 558 101,346 1,720 103,624 Consumer - 351 - 351 - 27,688 - 27,688 Construction and land 142 2,113 - 2,255 1,351 126,363 1,212 128,926 All other - 600 - 600 - 32,978 225 33,203 Total $ 2,796 $ 10,942 $ - $ 13,738 $ 19,043 $ 1,118,962 $ 11,296 $ 1,149,301
Loans Individually Evaluated for Impairment by Class of Loans	The following table presents loans individually evaluated for impairment by class of loans as of September 30, 2019. The table includes $1,174,000 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 $ 192 $ 65 $ - Multifamily real estate 96 89 - Commercial real estate Owner occupied 2,618 2,334 - Non-owner occupied 2,527 1,776 - Commercial and industrial 509 - - 5,942 4,264 - With an allowance recorded: Multifamily real estate 4,016 3,636 1,570 Commercial real estate Owner occupied 1,114 1,087 426 Non-owner occupied 2,702 2,593 219 Commercial and industrial 396 386 192 Construction and land 470 446 66 8,698 8,148 2,473 Total $ 14,640 $ 12,412 $ 2,473 The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2018. The table includes $1,160,000 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 $ 426 $ 298 $ - Multifamily real estate 110 110 - Commercial real estate Owner occupied 1,305 1,092 - Non-owner occupied 8,458 7,740 - Commercial and industrial 531 - - Construction and land 786 786 - 11,616 10,026 - With an allowance recorded: Multifamily real estate $ 4,016 $ 3,795 $ 1,281 Commercial real estate Owner occupied 2,523 2,478 692 Non-owner occupied 2,852 2,781 267 Commercial and industrial 562 558 414 Construction and land 565 565 142 10,518 10,177 2,796 Total $ 22,134 $ 20,203 $ 2,796
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 nine months ended September 30, 2019 and September 30, 2018. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Nine months ended Sept 30, 2019 Nine months ended Sept 30, 2018 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 $ 217 $ - $ - $ 301 $ - $ - Multifamily real estate 3,823 - - 2,192 11 11 Commercial real estate: Owner occupied 3,779 10 10 3,163 54 54 Non-owner occupied 9,009 664 664 9,005 327 327 Commercial and industrial 517 3 3 990 21 21 Construction and land 910 123 123 4,633 12 12 All other - - - 216 10 10 Total $ 18,255 $ 800 $ 800 $ 20,500 $ 435 $ 435 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 September 30, 2019 and September 30, 2018. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Three months ended Sept 30, 2019 Three months ended Sept 30, 2018 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 $ 170 $ - $ - $ 299 $ - $ - Multifamily real estate 3,768 - - 1,939 - - Commercial real estate: Owner occupied 3,683 4 4 3,041 3 3 Non-owner occupied 7,439 478 478 7,489 86 86 Commercial and industrial 535 1 1 532 5 5 Construction and land 480 2 2 4,467 9 9 All other - - - 142 6 6 Total $ 16,075 $ 485 $ 485 $ 17,909 $ 109 $ 109
Troubled Debt Restructurings	The following table presents TDR’s as of September 30, 2019 and December 31, 2018: September 30, 2019 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 36 $ 161 $ 197 Multifamily real estate 3,636 - 3,636 Commercial real estate Owner occupied 1,087 210 1,297 Non-owner occupied - 2,674 2,674 Commercial and industrial 191 - 191 Total $ 4,950 $ 3,045 $ 7,995 December 31, 2018 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 347 $ 97 $ 444 Multifamily real estate 3,795 - 3,795 Commercial real estate Owner occupied 1,647 222 1,869 Non-owner occupied - 5,964 5,964 Commercial and industrial 191 - 191 Total $ 5,980 $ 6,283 $ 12,263
Risk Category of Loans by Class of Loans	As of September 30, 2019, 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 $ 368,996 $ 3,026 $ 9,288 $ - $ 381,310 Multifamily real estate 32,577 1,771 3,726 - 38,074 Commercial real estate: Owner occupied 140,610 4,401 6,435 - 151,446 Non-owner occupied 281,887 5,426 5,566 - 292,879 Commercial and industrial 94,930 2,969 880 - 98,779 Consumer 25,059 - 237 - 25,296 Construction and land 111,764 9,798 902 - 122,464 All other 30,290 155 169 - 30,614 Total $ 1,086,113 $ 27,546 $ 27,203 $ - $ 1,140,862 As of December 31, 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 $ 369,808 $ 1,376 $ 9,681 $ 162 $ 381,027 Multifamily real estate 45,187 4,924 3,905 - 54,016 Commercial real estate: Owner occupied 126,422 4,840 6,947 - 138,209 Non-owner occupied 262,149 7,647 12,812 - 282,608 Commercial and industrial 96,066 5,280 2,278 - 103,624 Consumer 27,344 31 313 - 27,688 Construction and land 107,196 19,728 2,002 128,926 All other 32,749 381 73 - 33,203 Total $ 1,066,921 $ 44,207 $ 38,011 $ 162 $ 1,149,301

STOCKHOLDERS' EQUITY AND REGU_2

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS (Tables)	9 Months Ended
	Sep. 30, 2019
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: September 30, 2019 December 31, 2018 Regulatory Minimum Requirements To Be Considered Well Capitalized Common Equity Tier 1 Capital (to Risk-Weighted Assets) 15.4 % 14.2 % 4.5 % 6.5 % Tier 1 Capital (to Risk-Weighted Assets) 15.9 % 14.7 % 6.0 % 8.0 % Total Capital (to Risk-Weighted Assets) 17.1 % 15.9 % 8.0 % 10.0 % Tier 1 Capital (to Average Assets) 11.4 % 10.7 % 4.0 % 5.0 %

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2019
PREMISES AND EQUIPMENT [Abstract]
Future Minimum Rental Commitments under Operating Leases	The following table summarizes the future minimum rental commitments under operating leases: 2019 $ 268 2020 1,059 2021 1,013 2022 995 2023 779 2024 and thereafter 4,172 Total undiscounted cash flows 8,286 Discounted cash flows (874 ) Total lease liability $ 7,412

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2019
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 nine months ended September 30, 2019 and 2018 is presented below: Three Months Ended Sept 30, Nine Months Ended Sept 30, 2019 2018 2019 2018 Basic earnings per share Income available to common stockholders $ 6,267 $ 5,021 $ 18,302 $ 14,529 Weighted average common shares outstanding 14,645,002 13,368,782 14,636,004 13,356,998 Earnings per share $ 0.43 $ 0.38 $ 1.25 $ 1.09 Diluted earnings per share Income available to common stockholders $ 6,267 $ 5,021 $ 18,302 $ 14,529 Weighted average common shares outstanding 14,645,002 13,368,782 14,636,004 13,356,998 Add dilutive effects of potential additional common stock 75,513 123,624 76,136 102,578 Weighted average common and dilutive potential common shares outstanding 14,720,515 13,492,406 14,712,140 13,459,576 Earnings per share assuming dilution $ 0.43 $ 0.37 $ 1.24 $ 1.08

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2019
FAIR VALUE [Abstract]
Carrying Amounts and Estimated Fair Values of Financial Instruments	The carrying amounts and estimated fair values of financial instruments at September 30, 2019 were as follows: Fair Value Measurements at September 30, 2018 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 106,685 $ 106,685 $ - $ - $ 106,685 Time deposits with other banks 598 - 599 - 599 Federal funds sold 15,983 15,983 - - 15,983 Securities available for sale 347,811 - 347,811 - 347,811 Loans, net 1,127,051 - - 1,118,758 1,118,758 Federal Home Loan Bank stock 3,538 n/a n/a n/a n/a Interest receivable 4,415 5 990 3,420 4,415 Financial liabilities Deposits $ (1,427,240 ) $ (1,025,301 ) $ (399,595 ) $ - $ (1,424,896 ) Securities sold under agreements to repurchase (21,721 ) - (21,721 ) - (21,721 ) FHLB advances (6,362 ) - (6,401 ) - (6,401 ) Subordinated debt (5,428 ) - (5,424 ) - (5,424 ) Interest payable (847 ) (16 ) (831 ) - (847 ) The carrying amounts and estimated fair values of financial instruments at December 31, 2018 were as follows: Fair Value Measurements at December 31, 2018 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 62,903 $ 62,903 $ - $ - $ 62,903 Time deposits with other banks 1,094 - 1,085 - 1,085 Federal funds sold 17,872 17,872 - - 17,872 Securities available for sale 365,731 - 365,231 500 365,731 Loans, net 1,135,563 - - 1,121,517 1,121,517 Federal Home Loan Bank stock 3,628 n/a n/a n/a n/a Interest receivable 4,295 - 1,032 3,263 4,295 Financial liabilities Deposits $ (1,430,127 ) $ (1,039,430 ) $ (384,496 ) $ - $ (1,423,926 ) Securities sold under agreements to repurchase (22,062 ) - (22,062 ) - (22,062 ) FHLB advances (8,819 ) - (8,688 ) - (8,688 ) Other borrowed funds (2,500 ) - (2,478 ) - (2,478 ) Subordinated debt (5,406 ) - (5,509 ) - (5,509 ) Interest payable (733 ) (22 ) (711 ) - (733 )
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 September 30, 2019 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 $ 246,522 $ - $ 246,522 $ - U. S. agency CMO’s - residential 67,807 - 67,807 - Total mortgage-backed securities of government sponsored agencies 314,329 - 314,329 - U. S. government sponsored agency securities 18,338 - 18,338 - Obligations of states and political subdivisions 12,584 - 12,584 - Other securities 2,560 - 2,560 - Total securities available for sale $ 347,811 $ - $ 347,811 $ - Fair Value Measurements at December 31, 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 $ 255,242 $ - $ 255,242 $ - U. S. agency CMO’s 68,543 - 68,543 - Total mortgage-backed securities of government sponsored agencies 323,785 - 323,785 - U. S. government sponsored agency securities 24,170 - 24,170 - Obligations of states and political subdivisions 14,327 - 14,327 - Other securities 3,449 - 2,949 500 Total securities available for sale $ 365,731 $ - $ 365,231 $ 500
Reconciliation of All Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs	The table below presents a reconciliation of all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended September 30, 2019: Securities Available-for-sale Nine Months Ended September 30, 2019 Balance of recurring Level 3 assets at beginning of period $ 500 Total gains or losses (realized/unrealized): Included in earnings – realized - Included in earnings – unrealized - Included in other comprehensive income - Purchases, sales, issuances and settlements, net (500 ) Transfers in and/or out of Level 3 - Balance of recurring Level 3 assets at period-end $ -
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 September 30, 2019 are summarized below: Fair Value Measurements at September 30, 2019 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 $ 2,066 $ - $ - $ 2,066 Commercial real estate Owner occupied 661 - - 661 Non-owner occupied 2,374 - - 2,374 Commercial and industrial 194 - - 194 Construction and land 380 - - 380 Total impaired loans $ 5,675 $ - $ - $ 5,675 Other real estate owned: Residential real estate $ 1,149 $ - $ - $ 1,149 Multifamily real estate 10,307 - - 10,307 Commercial real estate Owner occupied 291 - - 291 Construction and land 829 - - 829 Total OREO $ 12,576 $ - $ - $ 12,576 Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2018 are summarized below: Fair Value Measurements at December 31, 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 $ 2,514 $ - $ - $ 2,514 Commercial real estate Owner occupied 1,786 - - 1,786 Non-owner occupied 2,514 - - 2,514 Commercial and industrial 144 - - 144 Construction and land 423 - - 423 Total impaired loans $ 7,381 $ - $ - $ 7,381 Other real estate owned: Residential real estate $ 984 $ - $ - $ 984 Multifamily real estate 10,307 - - 10,307 Commercial real estate Owner occupied 125 - - 125 Non-owner occupied 200 - - 200 Construction and land 150 - - 150 Total OREO $ 11,766 $ - $ - $ 11,766
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 September 30, 2019 are summarized below: September 30, 2019 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 2,066 sales comparison adjustment for estimated realizable value 55.2%-55.2% (55.2 %) Commercial real estate Owner occupied 661 sales comparison adjustment for estimated realizable value 68.4%-68.4% (68.4 %) Non-owner occupied 2,374 income approach adjustment for differences in net operating income expectations 23.4%-67.4% (56.4 %) Commercial and industrial 194 sales comparison adjustment for estimated realizable value 0.0%-0.0% (0.0 %) Construction and land 380 sales comparison adjustment for estimated realizable value 56.5%-56.5% (56.5 %) Total impaired loans $ 5,675 Other real estate owned: Residential real estate $ 1,149 sales comparison adjustment for estimated realizable value 0.2%-59.8% (20.2 %) Multifamily real estate 10,307 income approach adjustment for differences in net operating income expectations 20.0%-20.0% (20.0 %) Commercial real estate Owner occupied 291 sales comparison adjustment for estimated realizable value 14.6%-83.2% (39.0 %) Construction and land 829 sales comparison adjustment for estimated realizable value 37.5%-69.9% (64.1 %) Total OREO $ 12,576 The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at December 31, 2018 are summarized below: December 31, 2018 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 2,514 sales comparison adjustment for estimated realizable value 45.3%-45.3% (45.3 %) Commercial real estate Owner occupied 1,786 sales comparison adjustment for estimated realizable value 31.5%-50.6% (35.5 %) Non-owner occupied 2,514 income approach adjustment for differences in net operating income expectations 16.1%-67.2% (54.1 %) Commercial and industrial 144 sales comparison adjustment for estimated realizable value 0.0%-0.0% (0.0 %) Construction and land 423 sales comparison adjustment for estimated realizable value 53.2%-83.6% (54.5 %) Total impaired loans $ 7,381 Other real estate owned: Residential real estate $ 984 sales comparison adjustment for estimated realizable value 19.2%-59.8% (21.9 %) Multifamily real estate 10,307 income approach adjustment for differences in net operating income expectations 20.0%-20.0% (20.0 %) Commercial real estate Owner occupied 125 sales comparison adjustment for estimated realizable value 42.4%-42.4% (42.4 %) Non-owner occupied 200 sales comparison adjustment for estimated realizable value 57.9%-57.9% (57.9 %) Construction and land 150 sales comparison adjustment for estimated realizable value 50.3%-50.3% (50.3 %) Total OREO $ 11,766

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Total Assets	$ 1,710,369		$ 1,710,369		$ 1,690,115
Net Income	6,267	$ 5,021	18,302	$ 14,529
ASU 2016-02 [Member]
Recently Issued Accounting Pronouncements [Abstract]
Right of use asset	7,600		7,600
Finance lease liability	7,600		$ 7,600
Citizens Deposit Bank & Trust [Member] | Vanceburg, Kentucky [Member]
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Year Acquired			1991
Total Assets	475,113		$ 475,113
Net Income	1,574		$ 4,517
Premier Bank, Inc. [Member] | Huntington, West Virginia [Member]
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Year Acquired			1998
Total Assets	1,227,748		$ 1,227,748
Net Income	5,301		15,550
Parent and Intercompany Eliminations [Member]
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Total Assets	7,508		7,508
Net Income	$ (608)		$ (1,765)

SECURITIES (Details)

SECURITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Available-for-sale Investment securities [Abstract]
Amortized cost	$ 342,645	$ 370,607
Unrealized gains	5,526	985
Unrealized losses	(360)	(5,861)
Fair value	347,811	365,731
U.S. Government Sponsored Agency MBS - Residential [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	243,344	259,575
Unrealized gains	3,455	513
Unrealized losses	(277)	(4,846)
Fair value	246,522	255,242
U.S. Government Sponsored Agency CMO's - Residential [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	66,774	69,231
Unrealized gains	1,104	94
Unrealized losses	(71)	(782)
Fair value	67,807	68,543
Total Mortgage-Backed Securities of Government Sponsored Agencies [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	310,118	328,806
Unrealized gains	4,559	607
Unrealized losses	(348)	(5,628)
Fair value	314,329	323,785
U.S. Government Sponsored Agency Securities [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	17,967	24,154
Unrealized gains	383	196
Unrealized losses	(12)	(180)
Fair value	18,338	24,170
Obligations of States and Political Subdivisions [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	12,112	14,194
Unrealized gains	472	176
Unrealized losses	0	(43)
Fair value	12,584	14,327
Other Securities [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	2,448	3,453
Unrealized gains	112	6
Unrealized losses	0	(10)
Fair value	$ 2,560	$ 3,449

SECURITIES, By Contractual Matu

SECURITIES, By Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Amortized cost of available-for-sale securities by contractual maturity [Abstract]
Due in one year or less	$ 7,115
Due after one year through five years	17,036
Due after five years through ten years	3,967
Due after ten years	4,409
Amortized cost	342,645	$ 370,607
Fair value of available-for-sale securities by contractual maturity [Abstract]
Due in one year or less	7,123
Due after one year through five years	17,449
Due after five years through ten years	4,156
Due after ten years	4,754
Fair value	347,811	365,731
Mortgage-backed Securities of Government Sponsored Enterprises [Member]
Amortized cost of available-for-sale securities by contractual maturity [Abstract]
Without single maturity date	310,118
Amortized cost	310,118	328,806
Fair value of available-for-sale securities by contractual maturity [Abstract]
Without single maturity date	314,329
Fair value	$ 314,329	$ 323,785

SECURITIES, Securities with Unr

SECURITIES, Securities with Unrealized Losses in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	$ 31,976	$ 70,672
12 months or more	29,660	199,688
Total	61,636	270,360
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	(141)	(300)
12 months or more	(219)	(5,561)
Total	(360)	(5,861)
U.S. Government Sponsored Agency Securities [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	0	999
12 months or more	6,205	11,057
Total	6,205	12,056
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	0	0
12 months or more	(12)	(180)
Total	(12)	(180)
U.S. Government Sponsored Agency MBS - Residential [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	31,976	50,923
12 months or more	13,629	158,791
Total	45,605	209,714
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	(141)	(243)
12 months or more	(136)	(4,603)
Total	(277)	(4,846)
U.S. Government Sponsored Agency CMO's - Residential [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	0	16,359
12 months or more	9,826	26,386
Total	9,826	42,745
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	0	(41)
12 months or more	(71)	(741)
Total	$ (71)	(782)
Obligations of States and Political Subdivisions [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months		679
12 months or more		3,454
Total		4,133
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months		(6)
12 months or more		(37)
Total		(43)
Other Securities [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months		1,712
12 months or more		0
Total		1,712
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months		(10)
12 months or more		0
Total		$ (10)

LOANS, Major Classifications of

LOANS, Major Classifications of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Major Classifications of Loans [Abstract]
Loans	$ 1,140,862	$ 1,149,301
Residential Real Estate [Member]
Major Classifications of Loans [Abstract]
Loans	381,310	381,027
Multifamily Real Estate [Member]
Major Classifications of Loans [Abstract]
Loans	38,074	54,016
Commercial Real Estate [Member] | Owner Occupied [Member]
Major Classifications of Loans [Abstract]
Loans	151,446	138,209
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Major Classifications of Loans [Abstract]
Loans	292,879	282,608
Commercial and Industrial [Member]
Major Classifications of Loans [Abstract]
Loans	98,779	103,624
Consumer [Member]
Major Classifications of Loans [Abstract]
Loans	25,296	27,688
Construction and Land [Member]
Major Classifications of Loans [Abstract]
Loans	122,464	128,926
All Other [Member]
Major Classifications of Loans [Abstract]
Loans	$ 30,614	$ 33,203

LOANS, Activity in Allowance Fo

LOANS, Activity in Allowance For Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	$ 13,773	$ 12,982	$ 13,738	$ 12,104
Provision (credit) for loan losses	425	275	1,315	1,890
Loans charged-off	(452)	(236)	(1,464)	(1,130)
Recoveries	65	462	222	619
Balance, end of period	13,811	13,483	13,811	13,483
Residential Real Estate [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	1,880	2,254	1,808	2,986
Provision (credit) for loan losses	61	100	165	(509)
Loans charged-off	(62)	(81)	(121)	(229)
Recoveries	7	5	34	30
Balance, end of period	1,886	2,278	1,886	2,278
Multifamily Real Estate [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	1,716	557	1,649	978
Provision (credit) for loan losses	78	(94)	143	(504)
Loans charged-off	0	0	0	(11)
Recoveries	5	0	7	0
Balance, end of period	1,799	463	1,799	463
Commercial Real Estate [Member] | Owner Occupied [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	1,790	1,917	2,120	1,653
Provision (credit) for loan losses	500	(92)	700	174
Loans charged-off	0	(18)	(533)	(21)
Recoveries	2	0	5	1
Balance, end of period	2,292	1,807	2,292	1,807
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	3,280	2,437	3,058	2,313
Provision (credit) for loan losses	57	360	334	500
Loans charged-off	0	0	(57)	(16)
Recoveries	0	2	2	2
Balance, end of period	3,337	2,799	3,337	2,799
Commercial and Industrial [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	2,000	1,599	1,897	1,101
Provision (credit) for loan losses	13	132	191	1,108
Loans charged-off	(280)	(21)	(393)	(525)
Recoveries	10	14	48	40
Balance, end of period	1,743	1,724	1,743	1,724
Consumer [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	368	354	351	328
Provision (credit) for loan losses	(4)	39	125	90
Loans charged-off	(35)	(42)	(175)	(105)
Recoveries	6	12	34	50
Balance, end of period	335	363	335	363
Construction and Land [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	2,140	3,253	2,255	2,408
Provision (credit) for loan losses	(247)	(213)	(349)	651
Loans charged-off	(1)	(1)	(14)	(20)
Recoveries	0	400	0	400
Balance, end of period	1,892	3,439	1,892	3,439
All Other [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	599	611	600	337
Provision (credit) for loan losses	(33)	43	6	380
Loans charged-off	(74)	(73)	(171)	(203)
Recoveries	35	29	92	96
Balance, end of period	$ 527	$ 610	$ 527	$ 610

LOANS, Purchased Impaired Loans

LOANS, Purchased Impaired Loans (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Purchased loans [Abstract]
Total carrying amount	$ 7,619		$ 11,296
Contractual principal balance	11,037		15,436
Carrying amount, net of allowance	7,619		11,296
Increase in loan allowance related to acquisitions	0	$ 0
Accretable Yield [Roll Forward]
Beginning Balance	642	754
New loans purchased	0	0
Accretion of income	(149)	(141)
Loans placed on non-accrual	0	(52)
Income recognized upon full repayment	(74)	(38)
Reclassifications from non-accretable difference	0	0
Disposals	0	0
Ending Balance	419	$ 523
Residential Real Estate [Member]
Purchased loans [Abstract]
Total carrying amount	2,132		2,665
Commercial Real Estate [Member] | Owner Occupied [Member]
Purchased loans [Abstract]
Total carrying amount	1,671		2,040
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Purchased loans [Abstract]
Total carrying amount	2,694		3,434
Commercial and Industrial [Member]
Purchased loans [Abstract]
Total carrying amount	333		1,720
Construction and Land [Member]
Purchased loans [Abstract]
Total carrying amount	556		1,212
All Other [Member]
Purchased loans [Abstract]
Total carrying amount	$ 233		$ 225

LOANS, Past Due and Non-perform

LOANS, Past Due and Non-performing Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	$ 17,990	$ 21,073
Recorded investment in non-accrual loans	14,164	17,448
Loans past due over 90 days, still accruing	1,476	1,086
Residential Real Estate [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	5,043	4,966
Recorded investment in non-accrual loans	4,014	3,708
Loans past due over 90 days, still accruing	975	954
Multifamily Real Estate [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	4,113	4,127
Recorded investment in non-accrual loans	3,726	3,905
Loans past due over 90 days, still accruing	0	0
Commercial Real Estate [Member] | Owner Occupied [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	3,807	3,692
Recorded investment in non-accrual loans	3,482	3,436
Loans past due over 90 days, still accruing	54	56
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	3,010	5,761
Recorded investment in non-accrual loans	1,786	4,592
Loans past due over 90 days, still accruing	447	76
Commercial and Industrial [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	1,224	1,303
Recorded investment in non-accrual loans	434	625
Loans past due over 90 days, still accruing	0	0
Consumer [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	235	292
Recorded investment in non-accrual loans	191	253
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	483	857
Recorded investment in non-accrual loans	458	856
Loans past due over 90 days, still accruing	0	0
All Other [Member]
Past due and non-performing loans [Abstract]
Principal owed on non-accrual loans	75	75
Recorded investment in non-accrual loans	73	73
Loans past due over 90 days, still accruing	$ 0	$ 0

LOANS, Past Due Aging Analysis

LOANS, Past Due Aging Analysis (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Aging of recorded investment in past due loans [Abstract]
Total loans	$ 1,140,862	$ 1,149,301
Total past due	15,041	20,653
Loans not past due	1,125,821	1,128,648
30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	8,805	10,790
Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	6,236	9,863
Residential Real Estate [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	381,310	381,027
Total past due	8,884	9,672
Loans not past due	372,426	371,355
Residential Real Estate [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	6,108	7,078
Residential Real Estate [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	2,776	2,594
Multifamily Real Estate [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	38,074	54,016
Total past due	89	110
Loans not past due	37,985	53,906
Multifamily Real Estate [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	0	0
Multifamily Real Estate [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	89	110
Commercial Real Estate [Member] | Owner Occupied [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	151,446	138,209
Total past due	2,051	2,725
Loans not past due	149,395	135,484
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	56	124
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	1,995	2,601
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	292,879	282,608
Total past due	2,777	3,473
Loans not past due	290,102	279,135
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	1,787	172
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	990	3,301
Commercial and Industrial [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	98,779	103,624
Total past due	575	2,497
Loans not past due	98,204	101,127
Commercial and Industrial [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	314	2,235
Commercial and Industrial [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	261	262
Consumer [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	25,296	27,688
Total past due	304	359
Loans not past due	24,992	27,329
Consumer [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	255	247
Consumer [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	49	112
Construction and Land [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	122,464	128,926
Total past due	288	1,198
Loans not past due	122,176	127,728
Construction and Land [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	285	388
Construction and Land [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	3	810
All Other [Member]
Aging of recorded investment in past due loans [Abstract]
Total loans	30,614	33,203
Total past due	73	619
Loans not past due	30,541	32,584
All Other [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	0	546
All Other [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total past due	$ 73	$ 73

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	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	$ 2,473		$ 2,796
Collectively evaluated for impairment, allowance for loan losses	11,338		10,942
Total allowance for loan losses	13,811	$ 13,773	13,738	$ 13,483	$ 12,982	$ 12,104
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	11,238		19,043
Collectively evaluated for impairment, loan balances	1,122,005		1,118,962
Total loans	1,140,862		1,149,301
Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		0
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	1,174		1,160
Total loans	7,619		11,296
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	1,886		1,808
Total allowance for loan losses	1,886	1,880	1,808	2,278	2,254	2,986
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	65		298
Collectively evaluated for impairment, loan balances	379,113		378,064
Total loans	381,310		381,027
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	2,132		2,665
Multifamily Real Estate [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	1,570		1,281
Collectively evaluated for impairment, allowance for loan losses	229		368
Total allowance for loan losses	1,799	1,716	1,649	463	557	978
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	3,725		3,905
Collectively evaluated for impairment, loan balances	34,349		50,111
Total loans	38,074		54,016
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	426		692
Collectively evaluated for impairment, allowance for loan losses	1,866		1,428
Total allowance for loan losses	2,292	1,790	2,120	1,807	1,917	1,653
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	2,699		2,820
Collectively evaluated for impairment, loan balances	147,076		133,349
Total loans	151,446		138,209
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	1,671		2,040
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	219		267
Collectively evaluated for impairment, allowance for loan losses	3,118		2,791
Total allowance for loan losses	3,337	3,280	3,058	2,799	2,437	2,313
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	3,917		10,111
Collectively evaluated for impairment, loan balances	286,268		269,063
Total loans	292,879		282,608
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	2,694		3,434
Commercial and Industrial [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	192		414
Collectively evaluated for impairment, allowance for loan losses	1,551		1,483
Total allowance for loan losses	1,743	2,000	1,897	1,724	1,599	1,101
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	386		558
Collectively evaluated for impairment, loan balances	98,060		101,346
Total loans	98,779		103,624
Commercial and Industrial [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0		0
Loans Balances [Abstract]
Total loans	333		1,720
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	335		351
Total allowance for loan losses	335	368	351	363	354	328
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	0		0
Collectively evaluated for impairment, loan balances	25,296		27,688
Total loans	25,296		27,688
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	66		142
Collectively evaluated for impairment, allowance for loan losses	1,826		2,113
Total allowance for loan losses	1,892	2,140	2,255	3,439	3,253	2,408
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	446		1,351
Collectively evaluated for impairment, loan balances	121,462		126,363
Total loans	122,464		128,926
Construction and Land [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses			0
Loans Balances [Abstract]
Total loans	556		1,212
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	527		600
Total allowance for loan losses	527	$ 599	600	$ 610	$ 611	$ 337
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	0		0
Collectively evaluated for impairment, loan balances	30,381		32,978
Total loans	30,614		33,203
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	$ 233		$ 225

LOANS, Individually Evaluated F

LOANS, Individually Evaluated For Impairment (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	$ 5,942	$ 11,616
Unpaid principal balance with an allowance recorded	8,698	10,518
Unpaid principal balance, total	14,640	22,134
Recorded investment with no related allowance recorded	4,264	10,026
Recorded investment with an allowance recorded	8,148	10,177
Recorded investment, total	12,412	20,203
Allowance for loan losses allocated	2,473	2,796
Purchased financing receivable individually evaluated for impairment	11,238	19,043
Acquired with Deteriorated Credit Quality [Member]
Loans individually evaluated for impairment [Abstract]
Purchased financing receivable individually evaluated for impairment	1,174	1,160
Residential Real Estate [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	192	426
Recorded investment with no related allowance recorded	65	298
Purchased financing receivable individually evaluated for impairment	65	298
Multifamily Real Estate [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	96	110
Unpaid principal balance with an allowance recorded	4,016	4,016
Recorded investment with no related allowance recorded	89	110
Recorded investment with an allowance recorded	3,636	3,795
Allowance for loan losses allocated	1,570	1,281
Purchased financing receivable individually evaluated for impairment	3,725	3,905
Commercial Real Estate [Member] | Owner Occupied [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	2,618	1,305
Unpaid principal balance with an allowance recorded	1,114	2,523
Recorded investment with no related allowance recorded	2,334	1,092
Recorded investment with an allowance recorded	1,087	2,478
Allowance for loan losses allocated	426	692
Purchased financing receivable individually evaluated for impairment	2,699	2,820
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	2,527	8,458
Unpaid principal balance with an allowance recorded	2,702	2,852
Recorded investment with no related allowance recorded	1,776	7,740
Recorded investment with an allowance recorded	2,593	2,781
Allowance for loan losses allocated	219	267
Purchased financing receivable individually evaluated for impairment	3,917	10,111
Commercial and Industrial [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	509	531
Unpaid principal balance with an allowance recorded	396	562
Recorded investment with no related allowance recorded	0	0
Recorded investment with an allowance recorded	386	558
Allowance for loan losses allocated	192	414
Purchased financing receivable individually evaluated for impairment	386	558
Construction and Land [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded		786
Unpaid principal balance with an allowance recorded	470	565
Recorded investment with no related allowance recorded		786
Recorded investment with an allowance recorded	446	565
Allowance for loan losses allocated	66	142
Purchased financing receivable individually evaluated for impairment	$ 446	$ 1,351

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		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	$ 16,075	$ 17,909	$ 18,255	$ 20,500
Interest income recognized	485	109	800	435
Cash basis interest recognized	485	109	800	435
Residential Real Estate [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	170	299	217	301
Interest income recognized	0	0	0	0
Cash basis interest recognized	0	0	0	0
Multifamily Real Estate [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	3,768	1,939	3,823	2,192
Interest income recognized	0	0	0	11
Cash basis interest recognized	0	0	0	11
Commercial Real Estate [Member] | Owner Occupied [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	3,683	3,041	3,779	3,163
Interest income recognized	4	3	10	54
Cash basis interest recognized	4	3	10	54
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	7,439	7,489	9,009	9,005
Interest income recognized	478	86	664	327
Cash basis interest recognized	478	86	664	327
Commercial and Industrial [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	535	532	517	990
Interest income recognized	1	5	3	21
Cash basis interest recognized	1	5	3	21
Construction and Land [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	480	4,467	910	4,633
Interest income recognized	2	9	123	12
Cash basis interest recognized	2	9	123	12
All Other [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average recorded investment	0	142	0	216
Interest income recognized	0	6	0	10
Cash basis interest recognized	$ 0	$ 6	$ 0	$ 10

LOANS, Troubled Debt Restructur

LOANS, Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	$ 4,950		$ 4,950		$ 5,980
Other TDR's	3,045		3,045		6,283
Total TDR's	7,995		7,995		12,263
Specific reserves allocated to loans that have restructured terms	1,956		1,956		1,630
Provision for loan losses on restructured loans	263	$ (140)	413	$ (303)
Commitments to lend additional amounts to borrowers	0		0		0
Residential Real Estate [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	36		36		347
Other TDR's	161		161		97
Total TDR's	197		197		444
Multifamily Real Estate [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	3,636		3,636		3,795
Other TDR's	0		0		0
Total TDR's	3,636		3,636		3,795
Commercial Real Estate [Member] | Owner Occupied [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	1,087		1,087		1,647
Other TDR's	210		210		222
Total TDR's	1,297		1,297		1,869
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	0		0		0
Other TDR's	2,674		2,674		5,964
Total TDR's	2,674		2,674		5,964
Commercial and Industrial [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	191		191		191
Other TDR's	0		0		0
Total TDR's	$ 191		$ 191		$ 191

LOANS, TDR's Modified During Pe

LOANS, TDR's Modified During Period (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019USD ($)Loan	Sep. 30, 2018USD ($)Loan	Sep. 30, 2019USD ($)Loan	Sep. 30, 2018USD ($)
TDR's Modified During Period [Abstract]
Number of loans | Loan	0	0	0
TDR's with payment defaults within 12 months after modification | $	$ 0	$ 0	$ 0	$ 0

LOANS, Risk Category of Loans b

LOANS, Risk Category of Loans by Class of Loans, Credit Quality Indicators (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Risk Category of Loans by Class of Loans [Abstract]
Loans	$ 1,140,862	$ 1,149,301
Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	381,310	381,027
Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	38,074	54,016
Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	151,446	138,209
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	292,879	282,608
Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	98,779	103,624
Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	25,296	27,688
Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	122,464	128,926
All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	30,614	33,203
Pass [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	1,086,113	1,066,921
Pass [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	368,996	369,808
Pass [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	32,577	45,187
Pass [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	140,610	126,422
Pass [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	281,887	262,149
Pass [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	94,930	96,066
Pass [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	25,059	27,344
Pass [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	111,764	107,196
Pass [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	30,290	32,749
Special Mention [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	27,546	44,207
Special Mention [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	3,026	1,376
Special Mention [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	1,771	4,924
Special Mention [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	4,401	4,840
Special Mention [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	5,426	7,647
Special Mention [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	2,969	5,280
Special Mention [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	31
Special Mention [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	9,798	19,728
Special Mention [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	155	381
Substandard [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	27,203	38,011
Substandard [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	9,288	9,681
Substandard [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	3,726	3,905
Substandard [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	6,435	6,947
Substandard [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	5,566	12,812
Substandard [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	880	2,278
Substandard [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	237	313
Substandard [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	902	2,002
Substandard [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	169	73
Doubtful [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	162
Doubtful [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	162
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 REGU_3

STOCKHOLDERS' EQUITY AND REGULATORY MATTERS (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
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	$ 8.4
Common Equity Tier 1 Capital (to Risk-Weighted Assets)	15.40%	14.20%
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)	15.90%	14.70%
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)	17.10%	15.90%
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)	11.40%	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	9.07%	7.88%

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019USD ($)	Sep. 30, 2019USD ($)
Operating Leases [Abstract]
Weighed average remaining lease term	9 years 7 months 2 days	9 years 7 months 2 days
Weighted average discount rate used in measurement of operating lease liabilities	2.22%	2.22%
Lease Expenses [Abstract]
Short-term lease expense	$ 27	$ 75
Operating lease expense	273	847
Total lease expense	300	922
Future Minimum Rental Commitments under Operating Leases [Abstract]
2019	268	268
2020	1,059	1,059
2021	1,013	1,013
2022	995	995
2023	779	779
2024 and thereafter	4,172	4,172
Total undiscounted cash flows	8,286	8,286
Discounted cash flows	(874)	(874)
Total lease liability	$ 7,412	$ 7,412
Minimum [Member]
Operating Leases [Abstract]
Term of leases	2 years	2 years
Maximum [Member]
Operating Leases [Abstract]
Term of leases	16 years	16 years

STOCK COMPENSATION EXPENSE (Det

STOCK COMPENSATION EXPENSE (Details) $ / shares in Units, $ in Thousands	Apr. 17, 2019USD ($)$ / sharesshares	Mar. 20, 2019$ / sharesshares	Jun. 08, 2018	Apr. 25, 2018USD ($)$ / sharesshares	Mar. 21, 2018$ / sharesshares	Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)
Stock Compensation Expense [Abstract]
Stock split ratio			1.25				1.25
Compensation expense						$ 256	$ 217
Unrecognized stock-based compensation expense						$ 175
Unrecognized stock-based compensation, period of recognition						29 months
2012 Long Term Incentive Plan [Member] | Stock Options [Member]
Stock Compensation Expense [Abstract]
Grants (in shares) | shares		72,075			67,875
Grants (in dollars per share) | $ / shares		$ 15.57			$ 15.12
2012 Long Term Incentive Plan [Member] | Stock Options [Member] | Granted on March 20 2019 [Member]
Stock Compensation Expense [Abstract]
Stock option vesting periods						3 years
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] | President and CEO [Member] | Stock Options [Member]
Stock Compensation Expense [Abstract]
Grants (in shares) | shares	7,500			7,500
Fair value of shares granted (in dollars per share) | $ / shares	$ 16.78			$ 15.82
Compensation expense	$ 126			$ 119

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Basic earnings per share [Abstract]
Income available to common stockholders	$ 6,267	$ 5,021	$ 18,302	$ 14,529
Weighted average common shares outstanding (in shares)	14,645,002	13,368,782	14,636,004	13,356,998
Earnings per share (in dollars per share)	$ 0.43	$ 0.38	$ 1.25	$ 1.09
Diluted earnings per share [Abstract]
Income available to common stockholders	$ 6,267	$ 5,021	$ 18,302	$ 14,529
Weighted average common shares outstanding (in shares)	14,645,002	13,368,782	14,636,004	13,356,998
Add dilutive effects of potential additional common stock (in shares)	75,513	123,624	76,136	102,578
Weighted average common and dilutive potential common shares outstanding (in shares)	14,720,515	13,492,406	14,712,140	13,459,576
Earnings per share assuming dilution (in dollars per share)	$ 0.43	$ 0.37	$ 1.24	$ 1.08
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	Sep. 30, 2019	Dec. 31, 2018
Financial assets [Abstract]
Securities available for sale	$ 347,811	$ 365,731
Carrying Amount [Member]
Financial assets [Abstract]
Cash and due from banks	106,685	62,903
Time deposits with other banks	598	1,094
Federal funds sold	15,983	17,872
Securities available for sale	347,811	365,731
Loans, net	1,127,051	1,135,563
Federal Home Loan Bank stock	3,538	3,628
Interest receivable	4,415	4,295
Financial liabilities [Abstract]
Deposits	(1,427,240)	(1,430,127)
Securities sold under agreements to repurchase	(21,721)	(22,062)
FHLB advances	(6,362)	(8,819)
Other borrowed funds		(2,500)
Subordinated debt	(5,428)	(5,406)
Interest payable	(847)	(733)
Fair Value [Member]
Financial assets [Abstract]
Cash and due from banks	106,685	62,903
Time deposits with other banks	599	1,085
Federal funds sold	15,983	17,872
Securities available for sale	347,811	365,731
Loans, net	1,118,758	1,121,517
Interest receivable	4,415	4,295
Financial liabilities [Abstract]
Deposits	(1,424,896)	(1,423,926)
Securities sold under agreements to repurchase	(21,721)	(22,062)
FHLB advances	(6,401)	(8,688)
Other borrowed funds		(2,478)
Subordinated debt	(5,424)	(5,509)
Interest payable	(847)	(733)
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and due from banks	106,685	62,903
Time deposits with other banks	0	0
Federal funds sold	15,983	17,872
Securities available for sale	0	0
Loans, net	0	0
Interest receivable	5	0
Financial liabilities [Abstract]
Deposits	(1,025,301)	(1,039,430)
Securities sold under agreements to repurchase	0	0
FHLB advances	0	0
Other borrowed funds		0
Subordinated debt	0	0
Interest payable	(16)	(22)
Fair Value [Member] | Level 2 [Member]
Financial assets [Abstract]
Cash and due from banks	0	0
Time deposits with other banks	599	1,085
Federal funds sold	0	0
Securities available for sale	347,811	365,231
Loans, net	0	0
Interest receivable	990	1,032
Financial liabilities [Abstract]
Deposits	(399,595)	(384,496)
Securities sold under agreements to repurchase	(21,721)	(22,062)
FHLB advances	(6,401)	(8,688)
Other borrowed funds		(2,478)
Subordinated debt	(5,424)	(5,509)
Interest payable	(831)	(711)
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	500
Loans, net	1,118,758	1,121,517
Interest receivable	3,420	3,263
Financial liabilities [Abstract]
Deposits	0	0
Securities sold under agreements to repurchase	0	0
FHLB advances	0	0
Other borrowed funds		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	Sep. 30, 2019	Dec. 31, 2018
Available for sale [Abstract]
Securities available for sale	$ 347,811	$ 365,731
Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	347,811	365,731
Fair Value [Member]
Available for sale [Abstract]
Securities available for sale	347,811	365,731
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	347,811	365,231
Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	0	500
U.S. Agency MBS - Residential [Member]
Available for sale [Abstract]
Securities available for sale	246,522	255,242
U.S. Agency CMO's - Residential [Member]
Available for sale [Abstract]
Securities available for sale	67,807	68,543
Total Mortgage-Backed Securities of Government Sponsored Agencies [Member]
Available for sale [Abstract]
Securities available for sale	314,329	323,785
U.S. Government Sponsored Agency Securities [Member]
Available for sale [Abstract]
Securities available for sale	18,338	24,170
Obligations of States and Political Subdivisions [Member]
Available for sale [Abstract]
Securities available for sale	12,584	14,327
Other Securities [Member]
Available for sale [Abstract]
Securities available for sale	2,560	3,449
Recurring [Member] | Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	347,811	365,731
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	347,811	365,231
Recurring [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	0	500
Recurring [Member] | U.S. Agency MBS - Residential [Member] | Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	246,522	255,242
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	246,522	255,242
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	67,807	68,543
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	67,807	68,543
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	314,329	323,785
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	314,329	323,785
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	18,338	24,170
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	18,338	24,170
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	12,584	14,327
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	12,584	14,327
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
Recurring [Member] | Other Securities [Member] | Carrying Value [Member]
Available for sale [Abstract]
Securities available for sale	2,560	3,449
Recurring [Member] | Other 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] | Other Securities [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Available for sale [Abstract]
Securities available for sale	2,560	2,949
Recurring [Member] | Other Securities [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Available for sale [Abstract]
Securities available for sale	$ 0	$ 500

FAIR VALUE, Unobservable Input

FAIR VALUE, Unobservable Input Reconciliation (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance of recurring Level 3 assets at beginning of period	$ 500
Total gains or losses (realized/unrealized) [Abstract]
Included in earnings - realized	0
Included in earnings - unrealized	0
Included in other comprehensive income	0
Purchases, sales, issuances and settlements, net	(500)
Transfers in and/or out of Level 3	0
Balance of recurring Level 3 assets at period-end	$ 0

FAIR VALUE, Assets and Liabil_2

FAIR VALUE, Assets and Liabilities Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Assets [Abstract]
Total impaired loans	$ 5,675		$ 5,675		$ 7,381
Total OREO	12,576		12,576		11,766
Impaired Loans, Additional Disclosure [Abstract]
Recorded investment in impaired loans carried at fair value	8,148		8,148		10,177
Valuation allowance for impaired loans	2,473		2,473		2,796
Impaired collateral dependent loans, provision for loan losses	98	$ 348	324	$ 868
Other Real Estate Owned, Additional Disclosure [Abstract]
Recorded investment in other real estate owned carried at fair value - gross	13,455		13,455		12,769
Valuation allowance for other real estate owned	879		879		1,003
Write downs	180	$ 0	311	$ 120
Residential Real Estate [Member]
Assets [Abstract]
Total OREO	1,149		1,149		984
Multifamily Real Estate [Member]
Assets [Abstract]
Total impaired loans	2,066		2,066		2,514
Total OREO	10,307		10,307		10,307
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	1,570		1,570		1,281
Commercial Real Estate [Member] | Owner Occupied [Member]
Assets [Abstract]
Total impaired loans	661		661		1,786
Total OREO	291		291		125
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	426		426		692
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Assets [Abstract]
Total impaired loans	2,374		2,374		2,514
Total OREO					200
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	219		219		267
Commercial and Industrial [Member]
Assets [Abstract]
Total impaired loans	194		194		144
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	192		192		414
Construction and Land [Member]
Assets [Abstract]
Total impaired loans	380		380		423
Total OREO	829		829		150
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	66		66		142
Nonrecurring [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	5,675		5,675		7,381
Total OREO	12,576		12,576		11,766
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	5,675		5,675		7,381
Total OREO	12,576		12,576		11,766
Nonrecurring [Member] | Residential Real Estate [Member] | Carrying Amount [Member]
Assets [Abstract]
Total OREO	1,149		1,149		984
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	1,149		1,149		984
Nonrecurring [Member] | Multifamily Real Estate [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	2,066		2,066		2,514
Total OREO	10,307		10,307		10,307
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
Total OREO	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
Total OREO	0		0		0
Nonrecurring [Member] | Multifamily Real Estate [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	2,066		2,066		2,514
Total OREO	10,307		10,307		10,307
Nonrecurring [Member] | Commercial Real Estate [Member] | Owner Occupied [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	661		661		1,786
Total OREO	291		291		125
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	661		661		1,786
Total OREO	291		291		125
Nonrecurring [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	2,374		2,374		2,514
Total OREO					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
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
Nonrecurring [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	2,374		2,374		2,514
Total OREO					200
Nonrecurring [Member] | Commercial and Industrial [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	194		194		144
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		0		0
Nonrecurring [Member] | Commercial and Industrial [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans	0		0		0
Nonrecurring [Member] | Commercial and Industrial [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	194		194		144
Nonrecurring [Member] | Construction and Land [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	380		380		423
Total OREO	829		829		150
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	380		380		423
Total OREO	$ 829		$ 829		$ 150

FAIR VALUE, Asset Quantitative

FAIR VALUE, Asset Quantitative Information (Details) $ in Thousands	Sep. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 5,675	$ 7,381
Other real estate owned	12,576	11,766
Multifamily Real Estate [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	2,066	2,514
Other real estate owned	$ 10,307	$ 10,307
Other real estate owned, valuation technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Multifamily Real Estate [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]
Other real estate owned, unobservable inputs	0.200	0.200
Multifamily Real Estate [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]
Other real estate owned, unobservable inputs	0.200	0.200
Multifamily Real Estate [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]
Other real estate owned, unobservable inputs	0.200	0.200
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	0.552	0.453
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	0.552	0.453
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	0.552	0.453
Residential Real Estate [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned	$ 1,149	$ 984
Other real estate owned, valuation technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Residential Real Estate [Member] | Minimum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.002	0.192
Residential Real Estate [Member] | Maximum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.598	0.598
Residential Real Estate [Member] | Weighted Average [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.202	0.219
Commercial Real Estate [Member] | Owner Occupied [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 661	$ 1,786
Other real estate owned	$ 291	$ 125
Other real estate owned, valuation technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Commercial Real Estate [Member] | Owner Occupied [Member] | Minimum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.146	0.424
Commercial Real Estate [Member] | Owner Occupied [Member] | Maximum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.832	0.424
Commercial Real Estate [Member] | Owner Occupied [Member] | Weighted Average [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.390	0.424
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	0.684	0.315
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	0.684	0.506
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	0.684	0.355
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 2,374	$ 2,514
Other real estate owned		$ 200
Other real estate owned, valuation technique [Extensible List]		us-gaap:MarketApproachValuationTechniqueMember
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Minimum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs		0.579
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Maximum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs		0.579
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Weighted Average [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs		0.579
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	0.234	0.161
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	0.672
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	0.564	0.541
Commercial and Industrial [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 194	$ 144
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	0
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	0
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	0
Construction and Land [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 380	$ 423
Other real estate owned	$ 829	$ 150
Other real estate owned, valuation technique [Extensible List]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Construction and Land [Member] | Minimum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.375	0.503
Construction and Land [Member] | Maximum [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.699	0.503
Construction and Land [Member] | Weighted Average [Member] | Adjustment for Estimated Realizable Value [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.641	0.503
Construction and Land [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	0.565	0.532
Construction and Land [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	0.565	0.836
Construction and Land [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	0.565	0.545

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - First National Bank of Jackson [Member] - Citizens Deposit Bank & Trust [Member] $ in Thousands	Jul. 08, 2019USD ($)
Business Acquisition [Abstract]
Business acquisition, net worth of acquiree	$ 103,600
Business acquisition, purchase price consideration, cash payment	$ 14,560